Cambridge Cyrenians Annual Review 202412025 *i If. CAMBRIDGE CYRENIANS
Chair’s Report
Liz Bisset - Chair of Board of Trustees
I was delighted to become Chair of Cambridge Cyrenians in February and have been inspired by the commitment of our staff, volunteers and trustees. Their hard work ensures we continue to offer not just homes, but vital wraparound support for people who have experienced homelessness.
We have been busy raising the profile of Cambridge Cyrenians, communicating with a wider audience about the valuable work that we do through an expanded social media presence, and by taking part in more local Cambridge events.
We’re also preparing for a new regulatory regime for supported housing, which should come into effect in the coming year. In readiness, we’re reviewing our policies, governance, financial reporting, training and development for staff and trustees.
Like many small charities, securing funding remains an ongoing challenge. While we’ve secured core support, applications for funding for our specialist support services continues to be time consuming and uncertain.
We’ll be bringing staff and trustees together in the Autumn to develop a new Business Plan. This will capture the good work we’re already engaged in and help shape our future ambitions.
Director’s Report
James Martin - Director
The past year saw another period of stability for Cambridge Cyrenians with our core services performing well, maintaining occupancy rates of 97% and producing a steady flow of positive move-on from our supported housing service. None of this would be possible without our dedicated staff team and their tireless work making Cambridge Cyrenians the fantastic charity that it is.
Our Mental Health Service continued to help support the more vulnerable residents within our service survive and thrive in our accommodation. We are proud to have been able to secure additional funding through our Streets to Homes contract to expand our Brighter Futures counselling service. The service delivers free counselling across the partnership providing unlimited sessions to clients and staff of Cambridge Cyrenians, Wintercomfort for the Homeless, Jimmys Cambridge, Corona House and the Riverside Group.
Demand for our service continues to exceed the amount of accommodation we have available. During the year, we received 224 referrals for our accommodation service, and we managed to accommodate 71 people, showing the ongoing unmet demand for homelessness services in Cambridge. Our Older Homeless Service ensured people remained in their tenancies and our Therapeutic Allotment provided a natural and calming environment throughout the year.
Case Study: Mark
For more than 20 years, Mark’s life has been filled with challenges; addiction, time in prison, rough sleeping and, more recently, a cancer diagnosis. But each time life got tough, Cambridge Cyrenians was there. Mark first came to us while sleeping rough. We were able to offer him a place in our supported accommodation, where he finally found safety, stability and routine.
“Being with Cambridge Cyrenians means you’re safe and off the streets. It’s fantastic... everything you could ask for,” he says.
Thanks to that foundation, Mark began to rebuild. He started eating well, attending appointments, and focusing on his recovery. But it hasn’t been a solo journey. Lucine, one of our Older Homeless Service project workers, has been by his side throughout, especially following his cancer diagnosis.
“She still comes round regularly. I can’t get out much now, so she helps with shopping and just being someone to talk to. I couldn’t do it without her.”
Now, Mark is in his own home, cancer-free, and has reduced his methadone dosage significantly. “Cambridge Cyrenians don’t judge. They really understand what we’re going through. They’ve helped me turn my life around.”
Our Vision, Mission and Values
Our Vision
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 Core Values
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.
Accommodation and Services
Our supported accommodation provision provides different types of housing options, catering for a range of needs. This variety enables Cambridge Cyrenians to provide the right accommodation and a stepped pathway through the service, allowing people coming in from the streets to progress towards independent accommodation.
In addition to providing a pathway through to independence, Cambridge Cyrenians also has long- term supported accommodation for older people, specialist accommodation for offenders, female only accommodation, working houses with more affordable rent and two Housing First training flats.
Demand for the service outstripped our capacity; referrals for our supported accommodation were oversubscribed, as they are every year. In total we received 236 referrals however we only had enough capacity to accommodate 71 of these with 13 residents moving through our stepped accommodation model.
The service remained stable over the year, providing 93 bedspaces, and because of the hard work of Cambridge Cyrenians staff, maintained an occupancy rate in excess of 97%. This level of performance not only kept our tight budget on track, but more importantly ensures that rough sleepers can access a bed as soon as it’s available and spend less time sleeping on the street.
Case Study: Geoff
When Geoff was around 38, his housing fell through and he found himself without a place to stay. That’s when Cambridge Cyrenians stepped in, offering him a place in our supported accommodation, and the start of a new chapter.
Before that, Geoff had spent 15 months in a psychiatric ward and has accessed ongoing mental health support ever since. “On my own, I fall down… I need people around,” he says.
Now 76, Geoff has been with Cambridge Cyrenians in supported accommodation for over 30 years. For him, it’s been life-changing. “Company is crucial,” he says. “Cambridge Cyrenians helps build your strengths, skills and independence. Having a stable base really matters.”
He stays closely connected with our Mental Health Service and values having someone to talk to. He also appreciates our volunteers, saying, “I hope they get as much out of it as we do.”
He’s enjoyed many group activities, including a memorable trip to the Imperial War Museum Duxford, and when he’s not out and about, you’ll find him writing poetry, often inspired by his journey.
Older Homeless Service
This past year, the Older Homeless Service (OHS) has supported 56 individual clients. We were able to accept over half of all new referrals in to the scheme, and we saw an increase in the number of referrals to our service due to a decant and closure of one of the City Council’s Sheltered Schemes, Unfortunately, most individuals referred to us didn’t meet the criteria for the OHS service, however signposting and assistance to the referring agency was provided.
Lower numbers were supported in the past year, due to staff absence and cover, which lead to a decrease in the number of individuals we were able to accept during Q2. I am pleased to say that our team member has fully recovered and we are back up to full strength. Existing staff were supported by other members of the team, and we also were fortunate enough to be able to recruit at that time a wonderful agency worker, who has now moved on to the Housing First team covering the county.
Although this change in the team proved stressful to manage at that time, it did highlight a need for change in the way in which the OHS operates, looking at how we provide support. We have since looked at working with individuals based on specific areas of support that they would like assistance with and then when we have reached a desired outcome, stepping back until the client wishes to look at other areas that they may need direction or assistance with. This has meant that outcomes have been more targeted on achievements and small steps for client progress, which in turn has a positive effect on the clients outlook and perspectives.
Personalised Budgets Trial
This year, our organisation played a pivotal and uplifting role in a groundbreaking UK trial jointly led by King’s College London, the Centre for Homelessness Impact, and Greater Change. This first-of-its-kind randomised controlled trial explores whether personalised budgets of up to £4,000 can empower individuals experiencing homelessness to rebuild their lives through tailored financial support.
We referred 79 residents - surpassing our target of 35 - of whom 52 completed baseline surveys, and 27 were ultimately assigned to the intervention group, resulting in our residents collectively accessing £108,000 in personalised support. In collaboration with each person, we carefully co-designed spending plans that included one ‑ bed flat rent, driving lessons, 3D printers, music equipment, and even a celebratory skydive (pictured above).
One participant, Andrew, summed up the impact with one unforgettable word: “Miraculous.” Living in supported accommodation and hoping to move by Christmas 2024, he was able to secure his own home shortly after receiving his budget.
Though managing this trial required substantial time and dedication from our team, witnessing residents embrace newfound hope, creativity, and agency has been the highlight of our year.
Meaningful Activities
Our Meaningful Activities Manager, Shanice Jones, supports residents on a oneto-one basis to understand their interests and personal strengths and identify courses and activities to increase their skills and experience in preparation for meaningful employment.
During 2024/25, Cambridge Cyrenians supported 71 individuals with 29 people finding sustainable employment, 36 people engaged in education or training and 6 people undertook regular voluntary work.
Over the year, Cambridge Cyrenians were able to work closely with Moore Networking who continue to work on two new sites within the city. Multiple residents earned their CSCS cards to allow them on site, as well as skills courses such as bricklaying. A veteran within our service was able to refresh his labouring skills, and found his first meaningful employment since 2018.
Case Study: Siobhan
After receiving a cancer diagnosis and facing serious mental health challenges, Siobhan found herself in one of the most difficult times of her life. Moving into supported accommodation through a partner housing project marked a turning point, one that eventually led her to Cambridge Cyrenians’ community allotment.
Our six-plot allotment is more than just a green space. It provides therapeutic horticulture, work experience, and most importantly, a safe, welcoming place to connect and heal. Siobhan has now been part of the allotment community for six years and has since moved into her own private flat, “a really gorgeous one,” she says with pride.
“My psychiatrist said I’m doing really well, and a big part of that is thanks to the allotment. It gives me purpose and keeps me grounded.”
She describes the space as freeing and holistic: “It’s good for you emotionally, physically, and mentally.”
Siobhan also receives counselling through Cambridge Cyrenians, which she calls a “massive help.”
For Siobhan, the allotment has been more than a garden, it’s a lifeline...
Allotment
What a wonderful year we have had at the community allotment, supported as always by Whitehills Allotment Society. In the Spring, we held a traditional Beltane celebration during Good to Grow Week, which is connected to the Wheel of the Year, with the turn towards to fertility and the abundance of summer. In the summer season, we held our first Apple Day (August) where we made our own apple juice alongside Robin who runs Cam Home and Gardens in Chesterton, and a Plant Dyes Workshop led by our very own permanent volunteer Cerys.
In the Autumn, we celebrated Halloween with a wonderful cook out on the fire making pasta served alongside our own allotment chutney and a visit to Darwin Nurseries where we had a tour, met the workers and animals on site, and enjoyed a festive drink in the Café. Post our annual festive celebrations, thoughts turned to the plans for this coming year, and spent our tie preparing the plots, weeding and much needed mulching.
We did manage to squeeze in a trip to the Botanic Gardens Winter Walk as well as a celebration for the Spring Equinox that included a cook out of foraged food on the fire.
Mental Health Service
It’s been a busy and rewarding year for the Mental Health Service. We received 31 referrals and 32 discharges. Two individuals made significant progress: one moved into independent accommodation after being successful in the HARP process, and another was awarded an A band for social housing.
Thanks to successful funding, we expanded our counselling provision and launched the Streets to Homes Counselling Service, offering support to both service users and staff across our partner organisations. Anthony, our Lead Counsellor, has done an incredible job speaking to other services and recruiting counsellors as well as counselling individuals. We have also been able to offer our counsellors group peer supervision, which is fundamental to learning and development.
We were also delighted to host a trainee art therapist, Seb, who ran sessions for both residents and staff. The feedback was incredibly positive, with many expressing how beneficial the experience was.
Additionally, we’ve supported four ARU nursing students through placements. Many were able to complete independent working with individuals, such as supporting them to attend new wellbeing and support groups. On the training front, I’ve been fortunate to complete courses in Graded Exposure Therapy, ADHD, OCD, trauma-informed care, addiction, clinical supervision and TRiM (Trauma Risk Management), strengthening our ability to support both residents and staff across the Streets to Homes partnership.
Volunteers
Our volunteers enrich the lives of our residents by providing practical support and positive social interactions. We continue to recruit international volunteers who support our Older Homeless property and assist our residents with shopping orders, making healthy choices, and facilitating new experiences and connections.
This year at one of our supported houses, our volunteers helped a resident who has been struggling to accept and understand their diabetes diagnosis for some time. Taking the time to understand our resident’s thinking, our volunteers have helped to build a regular routine which has resulted in less hospitalisations and a much healthier, happier gentleman!
Cambridge Cyrenians also benefit from newly qualified volunteer counsellors who offer their time under the guidance of the Brighter Futures project, providing free counselling sessions for those within the Cambridge’s homelessness partnership. We are also lucky to have a regular team of volunteers who help support our allotment service. Cambridge Cyrenians are thankful for all the time contributed by volunteers over past year.
This Coming Year
James Martin - Director
The coming year will see challenging times as we prepare for the National Supported Housing Standards come into effect. We welcome the reforms and are confident that our services are already in great shape for the new framework being produced. We hope that this will take the first steps to eliminate the provision of substandard supported accommodation.
We have a roadmap to reduce our carbon footprint and have already taken huge steps to make many of our homes more energy efficient and environmentally friendly. This is a journey we are continuing, looking at our working practices to eliminate waste and working with our landlords to ensure the housing we provide is of good energy efficient standard.
Looking forward, we are still hopeful to develop more housing including options in South Cambridgeshire. Plans are already underway for a new community of modular housing, providing more accommodation for people who have been affected by homelessness in Cambridge. While the funding landscape is ever more challenging for charities, I am confident that Cambridge Cyrenians committed team of staff, volunteers and trustees will make every success of the year ahead.
Summary of Accounts
Grants and rents fully covered the costs of our core housing services. Additional grant funding of £89k was received for the Personal Budgets Trial, however grant income for some of our other special projects reduced and donations for general purposes fell to £40k.
The loss of income from unpaid rents and empty rooms was kept down at 6.1% (£67k) of £1.09m. Core housing costs have reduced following the closure of the Carlyle Road project in 2023/24.
The accounts for 2024/25 show a strong financial performance resulting in income over expenditure of £56.5k (3% of our income). This result has allowed us to build our general reserves back up to £361k which is within our target range to give us financial resilience.
Summary of Accounts Summaryof Accounts INCOME Donations & legacies I nterest Rents 2024125 2W24 8.5 i.C89. 275.487 4430 1.073.002 2S8,185 2,094 I.069 Streets to Homegrant & thuntygrantto support residents Grants & sundry income Total IncomingResources £7.&10 EXPENDITURE Staff salaries &wages Rentpayable Qjuncil tax & utilities Food & household Equipment maintenance & depreciation Propeity maintenance Professlonal F5 Office & administration costs Staff training, travd & sundry Direct project costs Fundraisi ng consulta nts Total E¥pendlture 7S8,165 301.525 151.691 .517 7.1 i.6 7.TJ2 7.991 .514 15,573 ioi.ioo 21.431 L631.165 .841 L5X7TJ
Acknowledgements
Cambridge Cyrenians would like to thank all trustees, staff and volunteers for their hard work during the year:
Cambridge Cyrenians Staff Team
James Martin - Director Emma Hooton - Head of Services Min-Hui Bird - Finance Manager Kristian Claxton - Services Manager Rikke Jensen - Services Manager Shanice Jones - Meaningful Activities/Volunteer Manager Louisa Hallisey - Mental Health Practitioner Kayleigh Wingate - Community Fundraiser Anthony Browne - Counsellor Sheila Smith - Administrator Victoria Howell - Administrator Alison Green - Financial Assistant Anna Hunt - Trusts & Funds Fundraiser
Amy Foster - Lead Project Worker Kate Duckett - Project Worker Kevin Walshe - Project Worker Rachel Savage - Project Worker Andrew Pash - Project Worker Bea Dawkins - Project Worker Katherine Rodgers - Project Worker Clare Bruges - Project Worker Ruth Hazel Wood - Allotment Co-Ordinator Lucine Harrison - Older Homeless Project Worker Lizzy Martin - Older Homeless Project Worker Mick Crossley - Maintenance Frank Kohak - Maintenance
Board of Trustees
Live-In Volunteers
Liz Bisset - Chair Richard Robertson - Treasurer Oli Daffarn - Trustee Nicolas Sheppard - Trustee Christina Alexander - Trustee Rachel Hayden - Trustee Mariella Giancola - Trustee Helen Mcallister - Trustee Tim Cracknell - Trustee (until 05.06.2025)
Chantal Bruder (Shaun) Charlie Scoones Leni Thieme
Acknowledgements
Cambridge Cyrenians thanks the following organisations and individuals for their support:
Barnabas Oley Trust (Clare College)
East of England Co-Op Community Fund Albert Hunt Trust VCSE Energy Efficiency Scheme Streets to Homes Innovation Fund National Lottery Community Fund- Awards For All Cambridgeshire Community Foundation Cambridgeshire City Council Embrace Cambridge Cambridgeshire Police & Crime Commissioner
South Cambridgeshire District Council Henry Smith Charity Evelyn Trust National Lottery Community Fund - Reaching Communities VCSE Energy Efficiency Scheme Socktopus The Liberation Cycle Sustainable Tech 4 Good PEM Accountants City & University Masonic Trust
Partner Landlords
Cambridge City Council Cambridge Housing Society Peabody Trust The Dawe Trust Metropolitan Thames Valley Housing Chorus Homes - Places for People
Thank you all for your continued support
Cambridge Cyrenians 3 Signet Court Cambridge, CB5 8LA
Registered Charity Number 261994 Company Number 992199
Tel: 01223 712501 Email: office@cambridgecyrenians.org.uk Web: cambridgecyrenians.org.uk Find us on social media: @cambridgecyrenians
Report of the Board of Trustees and Financial Statements for the year ended 31 st March 2025 Cambridge Cyrenians Limited Cambrldge cen185 Llmlled is a Charttal (ompany lirnitad by guarantee I[eX lo tha Fln8nual Statemenls Page Legal and AdMTh)18trate Information Report of th& Board 01TrL1ee$ Report of the Audllc Slalemenl of Financial ActNItFes Balance Shgel 10 statement ol Cash Flows Notes formlng part of th8 Fin8nd81 Statements 12-17
Cambridgg Cyronlans Umlt9d 1Mited By Guar8nt#èl Report of thè Board of Trustaos for tha yaar 8ndsd 318t March 2025 The Board presonl Ihelr report ard audleil ftnandal slatemts for the grendj 3181 MaiGh 2025. Cambridge CyreTrians LimKed is 8 (prit8bJe comFHiy IJn'tl by gLPtan ee and is a thgliiy registered wSth the Charitte8 Comml$$lon. REFERENCE AND ADMINISTRATIVE INFORhlATrON COMPANY NAME". Cami¥¥9 Cymlaro Um1tl COMPANY NUMBER: 992f9g IEnland & Wths) REGISTERED CHARITY NUMBER: 261994 PRINCIPAL OFFICE 0j REGISTERED OFRCE.. 3 Slgnet Swanns Road Cambri¢SJe CB5 8LA DIRECTORS AND TRUSTEES- THE BOARD OF TRUSTEES E BIss8t R Robertson C AJex8rKler M CrKkne J Daffam (jada R Haw1en H Wallisbi N Shgppard Chalr laptM)Int8d 27102C251 lappoint6d 05rJgr20241 IFEred 0510612025) {apFdnted 22107120241 (apInted 2710W20251 COMPANY SECRETARY: James Mwkn'n Thg day to ¢Jay managomenl ofthe charity is d8bgaie(t by Ihe Both ofTntstees to James Martln. AUDITORS.. Prantls & Co LLP charter Acc¢)tmtants & S121utory Audttors 115c Mllton Road CambrJge GB4 1XE ANKERS.. Thè coperatiVe 1 Balli)on Streel Manthest M4 4BE Pa1
Cambkldge CyTenlan5 Llmlte41 (Llmited By Guarante0} Roport of thg Board of Trustees lor tho year ondad 31st March 2025 The Twslees present Ihelr annual ieKX)rt arKI audiled finan-lal statements forthe 3T ended 31 March 2025 which are also prepared lo meet the requ1MentS for a directors, report and accounts for Companies Act purposes. The financial 5ts1emenls coTrply th Ihe Chatities Act 2011, the Companies Act 2008, the Mamomndum and Articjes of Ass(alOn and Accounting and Reporthg by CharilEs: Statement of Re¢tsmmondad Practlca applIable tr) chariti88 proparing their attounts in accordanc8 with Ihe F121 R6POrting Standard 8pplicablg In the UK Rèpubllc of Irdand (FRS1021 (upjaled October 2019, eff8¢llve 1 January 20191. srRUCTURE, GOVERNANCE UANAGEMENT Governlng Documgnt Cambridge Cyrenlans Limited Is 8 charitable wmpany limttod by gu8rantsa and Is a wisler@d charSly govem8d by ils Memorandum Bnd Arbd8s of Association. In the event of the tharity beiFW Wotjnd up mèmbers are required to ¢ontribute an amoulll not 6x¢eedMg £1. Re¢ruitmon and Appolntmenl of Trustees The di."8clors of tha Ch8[ c<Hnp8ny ('the chaDWI arE Its truste88 referrad to in Ihe 9oveming document a6 tho Countil of ManeMen[ but referred lo throhOuL Ihis documant a5 the Board of Trustee$. Under the requirements of the Memorandum and ATlldes of Asoociatk)n the members of the Board are el8cted lo seNe for a p9riod of three Fats aP.er which they musl be relecl8d at the ngxl AnnLial Genéral Meeluig. Onty persons who ala member8 of trbe rIty arg egIble lo b8 elected as members of the Board of Trustees. Tru$tge Inductlon and Tralning New Trustees are proyldgd with iilllal inductlon Inlo the activltlès of the Chaiity by fellow Tyusteos 8nd the Company Se.Jetary. They ar8 provided th a sel of Important do¢uments Induding Memorandum and Articltsa of Associ8dcn. la'51 finanr481 statements and manag6menl accounts during thelr Inducuon. Tralnlng PJed for 01 Twslges. Organlsatlonal Slructurg Cambrklgo Cyrenians is controlled by ils Tiustees vtho m88t leasl gvery three months. A Diroclor Is appointed by the Board of Truslees lo manage Ne da*ttsday operations of the oharily. Rlsk Manag¢mont Th8 BoBrd of Trustees Cond1 a review of the malrir rBks to lthieh the charity Is exposed. A sk reglsler has been e8tsblished and L% updated at least annuauy. Where appropriate, syBlems or procedures have béen eslabllshed lo mittgate the risks the charity faces. These PredureS are reviowed p8rlodlrallyto ensure Ihal they cn1[nue to m68t Ihe needs of the charty. Partngr Landlgrds Cambrldge Cyrenians lease5 propety from a Dumber of bandtord8, ndL'diw-. Cambridge City Coun¢ll, Cambridge Housing Society, Peabody Trust. The Dwwe Tn1 and several private landlords. The accounts of Housing Associgtion owned properties may be induded kn the aCCOLtnts of the ch8T5ty as well as those of the Housb)g Ass(thlion. Page 2
Cambrldge Cyrenlans Llmlt•d Iumlted By Guarnntèg) Raport ofthe Board of TrustOB¥-conllnued ror th• par ¢ndod 34st MAr¢h 2025 REMUNERATION POLICY Carnbrldge tyenlaro is commffted to ensU[v Ih4t staff are in & Iransp8rent. f81r8nd Conslent manner, h2vlng regeJrl lo both chahty marf(el con5xlerations, and Iho abffjty ol Cgmbrfdge Cyrenlans ltsell lo pay. Th1$ 80 Cambrfdge CyreEYZM cAn allrdct and "etsln petsple wlth the rfght s11$ ond the10 have tho grnatest InN)sct In deifv8rfw our¢thes. C8mbFidge Cyieni8ns compores wlth ¢lher organk%a%ion5 vrithln the supportseth)r. and m(e ydtkally agalnst th( tKganisatk)ns which are in dir6ctCOnW8titson when it conxs to the re¢Nlfftnt of hlgh c411 staff. In a[dance wllh the SORP E: - dl$dos8 am payMent6 to Iru5tee51)tr%te8s are pakf) al eynsos {mr$I {note 14 to the acc> - dlsdose the Aumtrér of slaff In re191 of Eeo.o(YJ and above {note 2 kn Ihe a¢xountsl - di5d05e pensbn5 and oth¥ berits (note 3 ID the aAts1. OBJECTIVES AND ACTMTIES The obleGts of the charity arè the lie1 of powty. si-knesa 2nd ow age arvj ki part1 th? of hotlleless persons who are in arKI regul 3SiiStancg fft athiewng 8 mre settled way of1rf8. Thb i8 raJrr8ntlydon& by pmdlru supixrted hcuThg for95 IrvJNKlual and women in s1. resKfenllal, ¢ommunity hou$85 wNGh respond lo Ihe dS of hoJrElesy people. Camjrfdge Gyrenians ako orovides addlllonal support lo those who are Irn-¥s. or vulneraola tts homoles3nB55 bw4u$8 dtheirmental heallh, or dd e. By bein J fleb arvj InFM)vativtt camge C81¥615 dbkn to tespond to 1Chang eds of hoT¥Ele55 people. The objectives for Ihls w wety to ¢ontlnue alld deveknp Ihe supwrt8d a¢¢ommcxlalon wvKe subject to solfactoryfUTrIlng aFrangernerrts. The speafk oble¢ttv•s foT thls yearwer8 to a¢klre&8 Ihe kay PFitsths setout in the Bu51rS PLgn, Includ¥yJ: . Secure c£intinLed lunditw foTOUF (XdorHomde5s Floaung spport seT DelNer the &5h Business Plan . Expa¥KI tsuT student plac8rnenl prograTh%. We have refBried to the guidar contsffted IA the Churlty CorNru55ion's generd guidance on publlc er11 when rn9 our aims and oblectves. Tha mlr> $lr4tgw used lor aChIen0 tht obpcbves was'.0 MataIn a close rkiry r?kIshIp wl caMb.e Cjty &IAl, C8rnbrid9eshire County cou11. and othBr partner 8gendès and furKler¥. The rnost Si11f8&0r whlch cxJnln7Jutsd lo the achlovenl of Ihg oy&Oveg i¥&S I full Gommitsn8nt of staff, vohjntoors and Tru$tegS. The charity benefits from volwl8eis WI $UPkKVt the Ghatity and Is in a variety ofvffjs. These include lull-time, pwn volLtnteers ¥e r85potsibb forth2 dayto day tunnw of tsvts tsf the Iiouses. And then thère are those who Support the organIs8On on a Part-tin basis, wovldlng adtrative arxl fundidlsing supyort, andwhose frdp ¢s inydluable. ACHIEVEMENTS, PERFORMANC£ AND PUBUC BENEF The mah are85 of Charilab 8clThiiiyare Eh8 pT08tn ol suppcted aCCA)mnorI forslngh), hLneless Peop In Cdmbridg8. 8t8ffiw these with resklentbd volunteets suwrted by 5alaiièY slaff. ar88 of actpAty Is ol snIfIcAn1 publi¢ benenl to 1b tlvjso a5Ststed arNJ the WKl8rconMnunlty. Dwlng the yearwe.. + Se(%Jred cw flrsl slo for rwdular . Developed a net 2tsro roattrnap, EmprOng eneTgy offlL#8wme&sureG in Eeveral of the btlding5 we use for housing . Expandeil our Bwhter F1$ senbg k) the Streets b Hon*s netwo . SucGessfvltydelivered C¢Dtro for Homeknsne8s Impact Petsonal Budg6ts Trjal. P4ge 3
Cambrldgo Gyrenl•ng Ltmlttsd Int91 ByGuannwl Rwrt of th¥ Board of Trust885- ¢ontinuod foy theyear 6nd8d 315tMarch 202S FTNANCINL REinEW The Bod of Trustee5 conslderthèt the Fewltslorthestar(aod figutts foT tho prath yqg¥l and flnanGlal posltion ara BatlaLIty. The &at#t ol Flnarthl A¢LivW¢s ISOFAI 8huK a forlhe rOfE.9 on tho unrEstrkted luTh18 before 8dding back ax¢858 funds trom the deOrtAt&d r88arve5. Festrfded knnds Ih8re v¥d8 an cE$ of expendklLwe over IrMe of £10.4&fj demoltralI[J fijdlw Sn01 ofourfijndlng re¢eived th athance. Th6 c&%h balanL dllh8 dwltyat 31 MaTh 2025 was £301:614 wllch £53.406 hlgh8rl&wTr otffi8 beghnlng of ytar. Nel [rent ass8ts Iwea89J by £53.428 durhig ihe yeailatwy c4se of I Increased cash b818rKp ond th8 Of1& The fr8• rèseTV88 hdd at 31 mah2O?5 wa8 appro%lma¢8ly£331k. PRINCIPAL SOURCES OF FUNDS The u[S offun(fjng ar8 Y8nls, trkntsiny BÉrnefft¥ThJ Rdat8d sUpptant forlh8 SU¢#ted accommrxlatlon. These aoffvltltss 8rE fvrthersupported lyrffvndrsl and bywls from 0erory2r•Lal and thd1w8i8. The5B irtthd8 Ca1bridgeshlr C(xJntyCoundl, cn¥e Cty cour1. Soulh Carnbddg8shliÈ Dist COnl, Good Grfts C£tsloguo. The NaMoThal LolteryCr4T¥nMltyCrt CamtMtyINre Comniunity FoundatNJn, The Co CharitAIA8 Trust. Clare College. F(t)o and Country FoundafjoK, HTS EÈtsteÈ, 8amabus (18y TNst, Evalyn Tnrnt, bért HuntTrustaTd th Her Smllh cfÉth. INVESTUENT POLICY Any iDve51Jn8nts made tylhe chtyYÈ rasFxxthlSty oflhe Board ofTrusteo& Cmnuyno speoflc Invegtrhants are held and surplus held In Ihe thtx)slted In Inletgst, dews accounts. RE8ERVE8 POLICY The Bu8rd has H POil¢yof U[we fund5 cllhè tthtykn wrè tFoyare a($8quate for the rf5k5 to whichthÈ ¢h2rty Is exrx3sed. Fdlcwlilg ky1he CherlU86 Comm$lon a n Methodologyhas been devebped ich takts IT aLWJrt the sRe. c0mtyety ofa¢lfvlUÈ$, al siructLe, the nalurè offunds reeeivatle and w0r,g Cèp1 neads a1 inv85tmenl plans d our tharlty. Wllh tBnts reLable, main knr¥xne. Ing Iety seGJre, tha Board feets R59tvas In a rang8 of fbk to E395k ts apprcwate. UTriestrlcted funds anountrg to n91k have iEen d88i•Jl for Ihe Dffice pIests. Thlswlll reduce e8ch SEarlt) Ilne w41h the Psn far depredaoon. A131 Mardi 2025 uTrJesi9naled unresta¢led resetves au..Ed lo £361kwhich is YAhln the tawe lettb bE approF4iate. FUNDRAISING POUCY The charfty$ 8Fproach to finThlraldng proJressgd yl b rKff••o (JJmt#)8fjon of communltyervJÉyement and 8ppllcatKthS to wanis and INsts. TIE tsty0[ ourfL'ndraiseii IntsxThe cL¥ne$ from publle tdles, Irusts. chavllable otylsalKffl$ and Comples. The a tmfe85kna fundra15n¥ Wn$ultantk>as8t in lorthese funds a$ an PInoyed CoTnwunSty Fu£raIser.thJ awaty iN(knm8ntwah wmrnuNty qvents and engag8s the pulAi¢ in donaling ar¢J fvndrai5kng forlhe ch8rf1y. This alty b ts)nducted in unv11an vAth the Regvlaiorfs C£Kle of FutKlrlng practi and o 14oard ovvsses ourapwo?¢h 10 enJre that(H[rfskng woteds lnerable and wmplie8hlth the guideliw ofthe FdS[ Regulaknr. PLANS FOR FLMIRE PERIODS The ¢harlty to condnue io provkje Ihe supptsl seNt& atlts tore. Subj to seujmg 8uffioe¢)I IdndiDg. More swficalty Gan)rfdge Cen14nS ¢rtet¥lB to., . knpkment our netzero Kdmap to wryjrove wienergy effldero and c8rlxJn.tPIknt . SecuTe properiies in South CambreShI* in line th the Streelsto How 11( . D8vdop ourmodul8Tl¥wrw w¢."eclat Kkngs Hedges Road Paoe 4
tambridgo Cyrnnlons Ltrntted (Limttad by Guar8nt•o) Rgport of tha Board of Trustg8$- Contlnued for th¢ svar ond¢d 31st Narch 2025 RESPONSIBILITIES OF THE BOARD OF TRUSTEES The ¢harity trustees (who are also the directo of Cambridge tyenlans Llmlled foi Ihe purposes of company lowl arg responsibte for preparirg a trustees, annual report and f naioal statements in aG¢ordanc£ with appllcable law and Unllad Klngdom Accounting Standards IUnit&d Klngdom G8neraltyAccepled Accounung Pra¢ticel. Cornpany (Sw requlres th2 charity trustees lo prepare finandal slalements for each year whlch glve a +rue and falr view of Ihe state of eff3irs of the charilable wmpany and of the incoming rasour¢&$ 2nd app i(ation of msource5, InGludlng tha inwma and expondilure for that per. In preparing the I[nal statemer¢ts. the truslegs a reqUIj to.. • 80lecl 8Uitable accounb'ng policios ond then apply theTr consistenuy, • observe th molhods and prtn¢lple8 In the Charities SORP, make ludgoThnt8 and gBtimales that are reasonab and pruden¢ stale whether appli¢gbl8 UK courting standerds have be&n followed, 8ubiecl to any malerlal dgpartures di8clos8d 2nd explained in 118 finan¢lal Statements; piepare Ihe financial Statennts on the going coneern basis unkss r( kq iiarprr)priale to presume that the charity 11 conllnue in buslness. The trusloes are responslble for keeping proper accounung r8cA)rds that discloss wth tpasonable a[u¢Y at any Ilme the fin8n¢tal p08iticin of the chapty and lo enabb *iem to ensure that the financial statéments Compty vlth the Companles Act 2006. They are also rosponsTblg for safewa¥¢Jing the assets of the charity and hen laklng reasonablg steps for the prwenlion and detection of Iraud and atheT wregubJil,es. Memhgrn ol thg Board of Trustees Members of the Board, are directors for the Purpose of (xjmpany lawand tnjstees for fha purposes of charlty law. Those servad duTing the year and up to the dat6 of this retmyt ate set out on page 1. 3TATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS 'rhe Member¥ of the Board of Trustee8 of the Charity vtho held Offi al Iha date of approwdl of this annual report oonfirm Ihal.. So far a8 we are awa, Ihero ts no relevar,t audit inforrJb31":on needed by the Charitys audllot In coiineclion wlth preparirkg their rewi, ¢)f whlth. the CFiari¥s auditors are unaware.. and They hav$ taken all the Steps that they ought to have taken as menber5 of the Board of TNslees In 0er to make IHJrsefves aware of any revant audit Inf¢rma130n arsd to establish that the Chartly's audllors are aw8ro of that Inf0mtion. AUDITORS The auditors, Prenlis & Co LLP. wll be pPoSed for re-appolnlmenl in ac&xdan¢6 wlh Sg¢tion 458 of the Companies Act 2006. The RgPI)rt of the Board of Trltstees has been prepaipd in acwidance vAth Ihe spe(xal prov¢sions tsf Part Vll of the Companies kt 2006 relating lo small companies. ON BEHALF OF THE BOARD OF TRUSTEES: SecT8tary.......... James Martln Dated: oldog / 20 ZS. Page 5
Cambrklgg Cyranians Llmitgd (Llmlted by Gu¥dnteo) Indgp8ndent ALKlltors' R•port to tho Members of Cambrldgu Cyrenians Umitad forthe year onded 31st Mareh 2025 Oplnltsn We have finarvl statemEnts ol Cambridge Cywlans Lknltd forfv year ended 31st March 2025 whleh comwis¢ Statthnent ol Finar¥Jal Aththes, BaL4 Sleet, CAsh Fknv Stat8ment and noies to tho finanelal Statetpents, includlng a summary of slgnlncant w4ldas. Th8 fi4anGial regortwig fr8MewO Ihat has been applièd In Iholr wgparalion i5 appl18 Lgw and unit Kingdom Acy>)unfing Stsrards. Indudlllg Financi81 Rep)rting standards 102.. The Financkql RepoTUng S18ndard appli) in thg UK 8nd Repu¢ ol Irglgnd (United Klngdom Generelty Acipted Accounts'ng P18cttcel. In ¢)uropinlon, the and#1 statements: glve a true and lair vlw of the 8lalè ol the Chgpty affairs as at 31st Marth 2025 ol fts Inoomkn9 mourc4s 9Th1 apicatiOn of reSrS for the year then ended.. hqve begn prOpY prepared Sn Urnte Kinglorn Generty ACCepj Acrx)unUng Pre¢0.. . have been prepared in accord9n with thè r6quiremenls ofthg CUnpafi Ael 20L. Bo$ls of Oplnlon We conducied Dur alIt In aco)rdance wlth Intemalional $18ndards co Audkng IUKI IISAS IUNI and appllG8We law. O r£spDnsibilltles under those standards are fvrther dBscrlbed in the AKlliorf8 reSpSIbl iti88 for tho audil of the f1nanci31 ststomant3 SBGt1 Df tyji report. We art Indtsptsndont of thè Charity in acmrds th ethi(xl wuirenwils thal are relev£nl to our audit of Ihe flnanCI statements In the UK, ndudlng the Fqc's Ethk81 $18ndard. 8nd we have luKi118d our other othical responsbi1it1os In acta¥daro wlth thes8 F11reMents. We believe that tha audll ev(d8nc8 we hav8otrl61 1$ surti&eTrt and approprtate to prode a tiasls for our oplr.lorÈ. C¢)n¢luslons rolatlng to golng concern In auditlng the flnan¢ial 8laletnents, we have 1xdded that th8 trus1, w oftt ookng c£nc&m b&8is of ac4ountiw In the preparation of the fnianrAal statements is appropitate. 84$ed on the wuk w8 hav8 pttrf0md, we have not hJGntifi8d any malwlal un¢rtanties retIng lo ev&)ts or condthorns thal, indlvidualty or coledively, r2st sÉorKfy%nt doutrt on Charitls abilily lo contin¥e as a going eon for a p¢rKKI of at18ast tve Mott from vthen firanoal slatemert5 are authori88d for i55U8. Our re8ponsibllilies and the responsibl",itses of Ihe trustsgs ¥Ath rosped of eoncem are de#1 In the relevant sections ol this report. Olhw Informalipn The tNsta8s • r8sponsi1518 for1he other Ithmati. The olher fOrstOn comwise3 tre oiformation Indudad in th8 annual réport othei'lhan tre flnanclal stalemen15 and our Auditors rUrt liergn. Our oplnion oi tne fIThaal 5klements (k)es not over 0th4r inlomiation and. except to the exlenl OtheSe staled our reptsrt, we do not express any form of aUral8 y%ondLslon theretsn. In ¢oMecOon with our alIt of the financi31 statemenls. our reswnslblltty is to T8¥J thè other informa¢bn aThl. in dolng $0, consld8r whether the other infom)aifon is mat8rtally Incor¥8Bteii t vAth the fii8wal statpments or our kno¥edgE obtaln8d In the audlt OT otsNIs6 aPPQ8rs lo be malerialty mwlat8d. 11 we tdendfy material inconsis16ndes or malartal mbstatemenls. are required to <lelermine vJhether t.iere is a Mat1 mi8Statemenl in the flnanci815tatements orÉ mateKJl misstatoment ol th8 Other infom12t?1L If. based on Ihe yrk hav8 rf1d, V4E condud6 Ih8t there IB a malarial mlsstalement ol Ihls other information, are requiT8d to reKy)rt thai fact. W8 Iiave nothing lo taport In thLs reoard. Oplnlons on other matters prescrlbed by tha Companles A¢t 21)06 In oui 0FnIOn, basAd on the work undertaken In the COLwse Jf thè 8UJit the infonralion gNen in the annlrdl report forth8 finane481 JEar forwhth Ihe naral 8ts1ements are prepar8d Is ngl•nI vrilh the finanaal statements,. and lh8 truslees, Teport has been prepared in wX0rda ¥Ath aFpbrnbk8 1 rewlrnm8nts. Page 6
caMbd9 ¢yr8nlan• Llmit•d ILlmlled by)1091 Ind•pendent Audltor8' R&p)rt to tha of Carnbrldg• Cyren1W Umltad lortM y¢ar ended 91s1118rch 2025 - ¢antlnwd M6tt¢r4 on whtch wo are requ[ to rpport byexceptlon In ljhtoflhe aNI LnderslarYJiw ChBnly #s obl the of 8l have not idtrntirl Materf misstatvrnnts Ihe knuEI Repol. We have rw)thing lo rewrt oflhe fW matkn tBbtion C(rnpa Ad2fK16 usto repcttoyou11, In ouropbnl.' • adequate $ttountfw records11 ttbeen kept tJrreturrA uatelor our ha [)t keen brwh8s not vislled ty us.. . the fi'nancial stelements ar8 ntrt in agemEnTth Ihe aGcounMg rè¢offh and ttUrn5". C8rtain dlsdo$ur6s of Irus'.0¢6' remneraOn SpOc by lawtsre not made." oi we ha¥e not obtslned al tho u>fonnBtion 8nd explan&ttons newsary lol ItrE pJry)Dses of th8 twsleÈ8 wBre not •nl¢led lo prepaTr th fin[5.. staternBrt8 in axordanceth t $rnl rtyime 8tMI leke Bd10 ¢fth8 amdl (xwnpankn exempl0 In F¥ewlrwJ ItustÉes' ltrrta8 from the rewrrt * prep8re a str81ty10 R&spoknylblltt185 01 tho truste85 Asexpfaln8d fully In Iiuslee#' rwn8l1IeS sl8t8menl sgtoul on rw 5 ts bvstB8s are reswm51bk for the preiHr4llon of fin8nclal sl8tementS 8nd ltsr LElngsBIL4fiod that theygfve a I[Uea falr ¥lei, for such Intwnal ntrol as d8iwmlnÈ nece8t0 en8bkn Ihe offinanr4al tal that from Trobrfal mlsstatemont, vthath6r duo to fraud cr. In prepadffj the llnandal ststoments. the INst ate Ic(a88•8dro thè alty1011I as a otslng Grem, dsdoslry. As 8p11tle, matteB rela to gdng concem qnd Ihe OrvJ CarM basL% (h. aGwunting unl8SS th6 ItUEleeB 2Slher Intend to Ilquld•l8 th8 CthrNyor i? IEaoeoFerallJn8, or hllvo M reISti¢aMe'natlE b1 ¢0 do SD. Audltors. r•spcn51bNllle8 for th• 8JJdtt ort Mb011419M8nts Ow Dbl&G1fv83 ait lo reasonable a5SUtanc6atrA)ul thè tharval stabmts &9 8 free from m8terfal m155l£lerpenL whelherdue lo frd 4X etrtt, and to an Auows rpwt thal Ir ReagonaNa assurarte IB a high ofa8suranGe. M It not a wrgniee Ihal an wdil valh ISA8 IUKlw411 aws detect a 8SleMan1 ll 8x1st3. 510¢WnBnts can artye Irorn fr•¥J Orr Brxl a wnsidered ma¢et5al il, irxlmdually LY In the aregaI$ thay co1 reagomlty be eyected to INllJÉe dedsw)Ns ol laken Ihe basks of thÈse stglemonts. IrrawlaiilS, incI1g fra. I>te of n¢¥FCDMpuan la4E artd rwrfaliom. ThB Wtnary E¥sponbThIty frJrlh8 prevfymion ond delecllon ofliwulariti95 In&Ing fraud rests with both Ihe rnanagement a)d Ihc6e charged fftmar..r ol th¢ charfty. We desed pro¢erJure6 kn¢ rO5pon5itJl,Il9. oulined knwts. lodèiacl materfd mi85t8t8n ir rospecl of ISgueS, h)ClLPJfv Iraud. Th2e¥ienl owwc¢thtvs we (¥pabk ofdetOLry IrwLI9r"IUeÈ, tsludiry frttud18 d&tsilad beknw.. WO have ¢¢>Thdèred Ihè Aaiure ot th6 ithtyaThl ¥e¢ti, C1rD1 erthryment. regdgtion5 aThl pwf(The£. ofiiie chadly, Inclu(Iw Ils tevraIl9 wlldes. LgWA 8T r&gulalk%ts tr191)d, ware ntst Ilinit to. Ihe Companps AL 2W6. FRg102. CharitySOFIP UK tax¥tk "S19110. Wa havg enquupd wrfh man8gemenl in regards to Jown as585Thnt olts iLsk8 oflrfegulortties, IT¥11Th9 fraud. We aly) enqUIr o,, managemÈnl an(5 those tharged governan 88 to 8ny of wspecled non[FIlnc¢ thllh r8gLda1k. We have tned Yewant d(11 arKJ repr£senlalkw In ord8rto fomi on pote lwulari11Ég. ITHI[vj fraud. We Conser th opwrtuTrrftes and Incettlves that mayexbt wthln the otg¥4satk frrfrI. BHsed Ihlg underytantllNJ. deskJNf swrlficaudN PreS lo kknllfy i[thS tf r>rphar wllh aDd regulation4 including obtainkng additional o)rroborattwe ¢¥fvJrnce as rpqU1. Exam8 of Included large Ènd unuswl t"SJlSaCtioM, reVIeIng18rgO and VaFt8rtes. re¥1 entrie5. and reMewirg kgal Co[re5pondÈn. Thsra ¥0 Inhsrani Ilmll&llon6 In the s11 destrtbed ab)ve. rKI t a5 Sarn1 un(kr Iniemauonal St4ndardÈ Audlllng. thcrBforo not am It358ClI0 are rewewed. ThL% Mea ttwe b a It8k wl ncl d81001 dl irregularit3 induding tIK%e loading le a mat¢rial misstatement In IhE fHna15181eents or Wlh t•gtIo. The risk of nol detBcting a mat8d81 mlsstÈlwn8nl du8 Its frat Is e4,50 hlgf.er Ih¥ry the rgk of . dtslB¢lSng u1bng Irom @trof., as fraJd may invofve deliberele ¢oncealmenl by, f?rex8mplÈ, fwgpry. omL%sTh. fxknlen(l rrtsytrwntat.
Cambrfdgo Cwoan$ Limlt8d ILimlt•d by GvarAnteel Indepgndont Audltors. ROPDrt to th• Manthrs of Cambrfdye Cyr8nlans Limlted lor th8 yaar èndèd 31$l March 2025 contlnuèd A further de8PIlo ol our respons:Mlttes for Ihe auolt of the ffinandal statemants Ès located on the Fkn8nci81 R8POrting Councifs web511 at.. wM.Iroorg.uklaudttcryesF>onslbilili8s. Ihk desC4irA1( torm5 part of our Report ol the Audllors. Use of our report Thls reportls made solely to tho Chartys members, as a b(. in 8(ordSrtt vith Chapier 3 01 Part 16 of th8 Companles Act 2006. Our audit worf< has b8en underlakén so that we mightslate lo lh8 Charitfs m8mb8TS th0$8 matters. we arg r8qulr6d to sta18 to them In a Rert of the AudltoFs and loi other pUrye. To lh8 futhost èxtept wmiltsd by law. do r¥)1 accept r)r Assume re$pon$lbilty lo ane other Ihan the Cha¥ltl$ nMberS os 8 body. forour au(btworK forthis raport, or for the oplnions we have formed. lan Shlpley. S8nlor Statutory Auditor ror and tsn behalt of Prentls & Co ILP Chartered Accountants and Statutory Alh 11k MIAon Road Cafflbrldge C84 1XE Page 8
¢ambrtdgo Cyiwilans Llmlted ILlmit&d By aral 8tst•m•nt of Flhancfjal A¢tMtIès Ind10g Incoyr Exp8ntHtureAccoiknt fortt yoar Bnded 31st l13rch 2025 Ttst Fun Y8£rend8d Fj 3121025 31,32024 ¢om Donatlons legrycle Ch&rlt4bl8 qctlvkl89: Néi renla l?corne of houskng woieej 8tre&L% to Hom89 contract fttsupwt crf resk1ents Grants fityr ChgritaU8 Soure LoG&I 8tlhorily home4es8n93s gr4r 8undry Ittr linrj. tsl of Liwng 5ppOrtI I.(.845 1.0&9W 1.079.IM)2 275.487 269,6Y4 14.000 1,079,002 2af8,185 161.044 275.487 259,6S4 14.OCO 258,1& 181.044 41.390 44.0 549.181 1120 392 421,88Q 1542.281 Inv88lm8nt Sncoma 4,430 4,430 Total In¢ome 1.130,8 556.784 1MB7 e4Q 1.166.825 4.244 1,590.069 endlture on.. Costs of raiswig funds Expendrture on Charit8Ne Ar.fvitks Total Expendliuro 60.156 988.4TI 6C.,156 602.532 1M1.t 45.290 999.019 45.290 1.479.483 I,464 1.1)28.&i8 602.532 1.83f.ff65 1,C44 480.464 1,524.773 Ilet movem8llt In lunds Trdll8fK bolw•¢n fund¥ 102.ZZ4 135,2&11 145,7481 &5,253 56.475 122.516 130,%51 1572201 65296 t2 110,4851 56.475 91.&fj1 I262) 65.298 st sum deslonated 0111¢8 wemiae 8,3YJ 18,3201 8.320 18.3201 75.2 18.3201 I10.4} 56.475 99,871 18,3201 I262) 65,296 ReColI1at1On of FundB'. Total Funds braughl fiwdrd 285. 399.047 723.06e 1&5.fm 407.367 84594 657,770 Tofal Fund$ ¢•rrlgd torward 3EO ge 390.727 2754 77941 2B5 68D 399.047 38 939 723 066 Th& $I018nt01 ffn8ncHI actNlI¢S I[1th dl gaIT and losses theyear. Al Ky)Me ar¥J expendbjre derf¥ are from aclMtk¥. The SUfps for MpanIeS Ad £56,47512023r24: £6&*1 The notes on pag95 12- 17 form part olthesp fjlatewls PÈg8 B
Cambridy Cyrnnlans Llmltgd {Limlted By (arant89} Balanco Shaet at 31st Mwch 2025 31 Marth 2025 31 March 2024 Note8 FIXED ASSETS TgIble Flxed Assets Total Fixed Assets 418,023 421.070 418.023 cURREr ASSErs Debtors Cash al Bank ond In Hand Total Current Asyots 167.424 301.614 469,038 104,667 248.208 352.875 16 CREDITORS: Amounts falling du6 Within on8 year 10 110,567 CURREKfASSETS 358,471 305.043 NFf ASSETS 779,541 723,066 THE FUNDS OF THE CHARttY 12 unTe81cle Furvjs Undeslgnaled D¢Snated 360.960 390.727 751.687 285,680 399.047 684.727 Restrfcted Funds 27.854 38,&39 TOTAL CHARITY FUNDS 779.541 723,066 The accomts have been pr8par8d in accordance rylh the provislong of the Companies Act 2006 appllrAble to charlde5 sublecl to the small (x)ryaries gIM Approved by the Board Tnwlees 4 f.la 2<2> Signed on bghalfof Ihe Board ot Twstees R Robert Treasuror CA The not&8 on pag@8 12- 17 fomi part of these finaneJal slal•menfs Pa3e 10
ambridgo Cyr•nlan$ Limlted (Limitgd By Guarant99) ststgmgnt of Cash Flows lor th8 year énded 21st March 2025 Year ded 31.3.2025 Year end 31.3.2024 Notes C88h flow from operamng acttwlies 15 67.456 46.801 Cash flows from Invesknng acfMle8: Inl&r6s1 irKomo Purchase of tdnglbltt fixed assets 8.905 (22,955 4,430 Ng1 cash pro8 byllused in) Imie8lkng atknties 14,050 4,429 Increa8ellDecrÈ8soI In Cash and Cash EquivaEents in Yoar 53.406 51,229 Cash and Cash Equlvalents al Beglnning of Year 248.208 196,979 Cash and Cash Equivalents at End ofyear 16 301.614 248,208 Pag8 11
Cambrldgo CyTenlaM Llmlt {Llmlted By Guardntee) Notes fomilng part ol the Flnanti81 Stalemants fortha y8ar 318t Plarch 2026 I. AGGOUNTING POLICIES Cambridge Csrenian5 knmited is 8 thariiabtè company limited by gJwantee. The a¢xountin9 poIIGles aro lis18d balow and have been ap18 u)nstslonNy throughotrt year and in the preceding pwlod. The preèntath)n ¢wMcy of the $tat8mnts is the Pound Steffjng (£1. lal B#$ls of a¢countlng The finandal siatemenls have be8n prepared fb attordarKe th AXInng and R8wtyro by Chadties.. Statement ol Recommendéd Ppactke applicab"e to charlties FrwFvJ th8lr accThints In accDrdaTrce wlth th Finanal Report#ig Stsndard appliixble Sn Ihe UK RepubTrc of Irdand IFRS 1021 Ilssued October 2019, effectwe 181 January 2019)- (Charities SORP IFRS 1a21}, the F.anCIal Reporllrg Slandard appllrable In the UK and R6puDlicot Iraknd IFRS 102) and the Compani86 Act 2006. cbridge Cwenlans Llmlted mee15 the defin",tiDn of a puDlle 8ntty under FRS 102. Assots and liabblitTes are ini1181ty recognised 81 h55lorkal c05t or tranwlion value unless ollwisg slated in the relevant accounting lcY nole(61. The Trusto8s conslder that there ara tnaierl8J urbcertsinlles ab(1 Ihe Ch8rf1Ys abinty to cLsnllnue as going ¢onc8rn. Ibl Fund accountlng RestrlGted funds are subl8Qt lo the limitatior on ther use Spec1 by th8 don<)rs or oth& pioviderB. Unreslricted funds ai0 8Yallable fc use al ¢hB dlst¥etiLn of the Tr4JsloÈs In ffice oflhe gw)erAI ableclfv88 of the Charlty. (cl Incom& All inGame is irKEIed In Ihe Statgmenl of Flnanclal Ac1w1 the Chwlty15 entiyed to the incom$ arK( Ihe amounl Can be quanlifled vAth wonabie a(wraGy. The folbving spgdflc pofiaos are applied lo partlwlar ¢ategortes of knr.. Volunlary income is reN byway ofgTrnts. donat¥)ns gifts and Is Ided in full In th8 Statem6nt of FlnanGial Acllvitss when rvabl The value ol gervice5 pfovKled by votunteers been Indjed In these a(thunts. Investment incomo is ty1dud when receAvalJe. Inc4)miru resourc68 from ehariiable a<tY are actr&untl forwhen eam Idl Exp£ndituro Exp8ndllure. is recogntsed on an accrual basis as a liabil.tyls incuTr8d. Expre indudes VATwhlch cannol be fully rvered and is r8POrted a8 part ol the 0xptIt8 to which rt relates. Co8 ol generallng fiinds ¢(tsW$e the cogts assoda18d wlth altractllig v(4L'ntary inme. Charltable 8xpendituTe compmses Ihose costs Incurred the Chaty tn thts d¢fvery of Its aGtiv#les aThJ senlce5 for tts neffiGe$. 11 includes both rA)sls tha: can te alkM2tad dIrllY li) sud) aclN(ttes and thos& oosts of an indirect n8ture necessary to suppor. them. Qovemarice cost5 Include Ihose costs a¥sociated with Treetiro the cstibj1*l arvj financ4al stslutory requlrements of the Chaty and include the fèés arrfl ihe costs of pTw?n of 8t8tements. l GlS are allocated bglwe8n eXpditUr8 Categories on a basis d6sSgned lo refiect Ihe use of Ihg re8oufGe. Cost8 relatbng lo a partlculgr activity are albCal threcily, otlws are ap5)ortloned on the the basi8 of 5t¥-ff lime spent on the actiwty. Page 12
Combrid98 cYnIanS Llmlted (Llmftg(t By Guoranto91 Nolps. G¢xktinued, knming partof thg FIDanclal Sfatsmwit• for the year èndad 31st March 2025 1. AcoouKnNG POLICIES (continu) lèl FIx8d A55et5 The Charity has a PKlicy ofwTiting off anypIt tems whith rosl kn5$ than £5,[. The oflhe Charl¢$ actlvltle5 meéns SSJGh ilerThy bave 8n avwag8 us8fuJ lifo of I$ than ¢ W. n6predatson Is PvkIe ijn all 18rgrt> flxed assets aE ral8s to WTite Dr the (x)sts lsss 88Umeted resldual volua ol 4ssel overits expedal useful frf¢ a$ folloM¥.' Equlpment 25% Sth1 line b SOfare 10% straight line tad$ Vehkles 25% 51raight line Offl¢e Bu1(ng 2% straight Ilne ba51¥ Leasèhold Bulkylros Str8frJht Hne basts 0¥8r IW of th8 11) Op•r4tlng L&a$es Rentals appll¢abla to le&fes. v4herB wb5t818Ity 81 ts ben8ffts rf8ks of ovmernhlp remaln th lh8 lÈssor. are charg1 #grt as iDuJrre¢. Igl Dobtors Trada debtor8 ood otherdebtcn ar8 rectylis at theirset11emt arn)t duD after8ny (li5L¥xints. Prepayments are valu8d at th8 amunt prek1 nèt of any trade dite. Ihl Crodltors Cr&dllor8 Ènd provlslons art rèojgnlsed N%there he Chty ha8 a prntobgatkn rwAthlng Imm a past event th8t will probsNy result in the trartsfer ol fun(l¥ to a third party and Ihe 8mwntdue to S8tUe Ihe Obl&110n C b8 mga8ur8d or oslirnatd r91&bty. CredKots and provtskn$ ara rtmalWrwnSs8d at Ihalr Sf>ttkMeni amottnt aftér ¥llcwlng for any tr&18 dIsCTrts du8. 2. SYAFF COSYS AND NUMBERS Wa8nd Salarf85 Sal8ri88 Ernpbyefs Sod81 Setsjity Empk)yerfs Pe)[1 3112025 31.3.2024 679.515 58.248 33,71 642.604 54,005 32,061 728.670 771.467 The average weeY number of 8Mp)S durtw the yearwas as foll Proi8d Staff Adnlnlstrdtson Stsff 19 18 24 23 The number of erryloyees whose eM0MentS taxabk efft$ in nd but 8xdudir¥J nployer pen51on costs) ex¢eeded £60.000, Wd6 as foJltX5.' 31.32025 31.32024 £60.OIX)-69,999 Total oveT £60,000 Th8 key maiiag8m8nl 8r8 the TrLBtees vtho a not rerni8.'Rted. togetherwth Ih Dir8Otor arKt Head of $8rvke8 0$9 aggietrale iemuner81ion amuited to £'29,854 (2023124: £122.6441 3. PENSION SCHEhlES The charItyetrfbtte8 to definad (x)nIrth1 pen18MsS foreaL errvoyee tho Aish6Bto eStalsh a scheme. Tho a88&ts oflhe sd)eme are hdd $epor8ldy from IIy)ge of ts Ch8rity ffj Independ8nlly adnunL4ler6d IL¢8. TherB ntrIbub(*ts (xrt5tandV at Ihe ar and. 4. NET INCOMING RESOURCES FOR YHE YEAR Tlie op8rating $urplus is stated afteF tharglng: Auditors rnmuTreration for 8udil seth8 olher 31.3.2025 31.32024 5,055 3,392 4,856 3.247 Page 13
¢ambridge W8nlans Llmlted (Llrnitod By Guaranteal Notès, ¢onlinued, fonnkng partof the Flnanclal Statèmenl8 for the y08r ènded 31st Mar¢h 2025 & EXPENDIWRE 3132025 31.3.2024 Totsl Ctr8ts Allocat 10 tIVItIeS statr salarp5 & WBue6 Tralnlng, travel etc Rant payab18 Coun[ tax & u111e$ Fots Equlpmanl rnalntenan( and fentals Equipment & tlepr8dation Vehida Runnwg costs Propety maintenance repairs Household & Direct co816 Ptole5sional F8e$ Soc4d W¥llaro 34.460 2(XI.994 461077 8,1&5 696,531 8.388 297.156 151.356 18.444 26.985 2(,134 428,997 2,61S 7,(K31 301,525 151,501 662,116 9,646 301,525 151,891 28,394 297.156 151,154 18,444 202 190 &9.917 69,917 9,851 49,722 g94 49,722 9,920 43 8.925 8,926 43 28,898 21.786 28,898 129262 21,431 38,456 469 36,854 6,858 14,773 11,(8 38,456 43.981 25.841 1,302 6,376 17,223 1011 4,188 206 1.302 Gov•rnan¢a costs Audit fe#s Support co¥ts allocated to a¢tl¥ttio5 General 011 and Hnanc¢ so18rfes Profes$k)nal F Genoial adm[51[tk>Th Premlses In$uran¢È SofNvare support & defftthn Recruitment, training and travel 4,370 413 4,856 89,402 6.959 40,017 10.425 8.940 09.335 7.732 44,486 11,583 4.537 23.238 1.441 86.444 120 7.192 710 42.589 12,223 3.788 21,782 5,334 8,184 679 96,049 7,991 47,321 13,581 4,209 24,202 5,927 77 445 116 45 232 139 4,004 1,042 1.154 358 2,057 fj04 ),915 12,391 2,091 .240 363 89 Tot)I resour¢0s expaTM18d 60,158 968.477 602 532 163f 165 45,u) 999.019 480 464 1.524,773 6. INVESTMENTINCOME 31.32025 31,3.2024 0gposEI account Inieresl 8.905 4,430 7, TAX4TION As s charity Cambrfdge CyTÈnlan8 is exempt Irom tax or ino)mo and g8ts faIn9 wttlin s8Gfr'on 505 of Ta%8$ Act 1988 or $256 of Ihe Taxation of ClIBigeabk uains Ad 1992 to the extenl Ihal Ihese are applied to its chatabl& cJlects. No tax trthArges hav& Ehe cforb. Page14
Cambrfdge Cyrenlans Llm It&d By GuaMtO81 Mote8, COlltlTrW, lonnlng port of th8 Flnanclat stst¢m•nl forth8 year endod 31st March 21126 TANGIBLE FfxED ASSÉTS offi Leasehokl Blng BuLW4ig$ Etyipm8nl 2024r45 Vehid85 Total Balan(x broughtlcn49rd Addlllon$ 088L8 Balan carfed foThvard Dopre¢laUon 08pr6t.on brnuoht fDtward PrOwd li yoar Dlswsals In ye Dgpreclatknn cairfed fomard ot book valu• at 31 Mar¢h 2026 415.915 16.840 35,700 503.702 21955 16,( fi.955 415.915 16.¢ 16.840 35.7JO 528.&57 16,867 8,320 16,842 18,364 8,926 85.e79 19,g08 25,18T 16,840 ,2 105587 390.728 16.000 8,410 421.OYO Offke L8asthJld 8ullding BUlbJk 8oftwdtB 2023124 Vthides Total B8lan( b0MIrd Addlll)rns DKposals Belance carrby fort4Yrd Deprecladon Depreallon brought foMArd Provided in yèar Dis81$ year Depre¢lallon Carrf fixwrd Net book valu• a131 March 2024 415,915 39,864 26.750 35.700 518,229 4.e18 9.9101 le40 415,915 35.700 503,702 8B7 8A20 35 2,5eA) 4,618 21.914 4,838 9,910 9,439 8,925 75,564 24,643 14,528 85,679 4tB,023 16.8i17 18.364 1,641 f7,338 8. DEBTORS 31.31025 31.3.224 I'tade debl+XS- rents Other debtw¥ prq)aY 40.661 126.763 1e7A24 20.850 83,817 104,687 10. CREDrroRS: AMOLSNTS FALUNG DUE WNIN ONE YEAR 31J.2025 31.3.2024 Oth (Tedllors aryj arNa18 110,$87 11a, ANALYSIS OF NET BETVEEN FUNDS. 3151 March 2025 The 1 a8$6ts ofthe unresldGted at¥J TEStrde(l are aq lolbwts: Unrg¥tri¢ted Restrl¢te(I Funds Funds Total Fund As¥e*s Cuttent Assé CJk rreiil LlabVIIi8S Netwets a131 Marckn 2025 412.6BO 449.594 I110.7> 8.410 19.444 421,070 469.038 1110,5611 779 541 27.854 11b. ANALYSIS OF NET ASSEfs BETWÉEN FUNDS. 31st March 2024 UrtrBstrtctqd Reslrfcted Funds Fund8 Tolal Funds FIKed As8ets Current As8¥ts Currenl Llablb"fies 4LKl887 231.872 147.832) 684.727 17,336 21,003 418.023 152.875 147.8321 723.066 et 8&sels a¢31 Marth 2024 PagB 15
Cambrldgè Cyranlans Llm (LInted By auar8Tht•e) NDtsS, contInu, forn p8rt tlw Flrwidal 8t•tèmonts forth8 anded 318t March 21125 12a. MOVEMENT8 IN FUNDS- 2024125 At 1 April InwmiNJ (tg(lnll Tt8n$fs At 31 March 2024 tsxwrces r8Dourcés 2025 RaaiAct4d Funds Auolments eanInE ACtrtieS LOCAI aulhority hom6188sfie58 grants Counly Brantftt ex-ofTenders County gtantfor hc.LWq raLgtsd support Older HOeSS Suwrt bAent41 H8allh Oulr88th Petsoral Budgets Trkwl Appr8n1Ke Proi8LI Worker Vehlth Fund BuTSary Fund Cther8 11.015 13.813 16.112 19.829 5.097 6.016 95,6&9 179.828 179,828 5,179 89,620 87,713 94.545 88.xo 82.543 21353 6.772 5,9S7 2.50D 7.509 3,728 8,180 16.434 79) Y27 1.9SB s.)3 3.DDO 17,9751 15.411 Told r88trfcted futKts 3&339 556784 6Q.S32 35.263 Unr8strlct6d Funds ihd8sonat8d General Furvls Desn8[0d Gen01 FU15 unTeslrvAed Funds 285.fj80 1,1. 1.028.633 128.9431 3g9.047 8,320 e84.727 1,130,856 1.¢J28.633 360,960 35.263 Tolal fvnds 723.($86 1.687.e40 1,831.1&fj TT9,541 42b, MOVEMENTS IN FUNDS-20rJr24 AtIAp In¥r0 outa¥¥j Tr6fer$ At 31 March 2023 resources 2W24 Rèstrfcted Fun(16 Allolmeits M8anhgfvl Actlti68 Locd auLhorty gr8N16 County grant lor ex-offendar8 County grantforhouslry ¥alaleiS SUPF¥JI C4dei Flomeless Supp¢yt Mentl Heallh OuiTe8¢ Pe01 Budgets Tikal hpprBnII ProiaGt Walker Vehide Fund FUTHI 10.204 iO,YJO 18.454 19.416 7,000 94.860 163,524 81.880 84.4 8,250 8,916 163.524 71.029 64.093 12,9 2,088 13,799 2,500 16,434 1,906 15,411 25,360 8,926 0lh8rs 14.8SJ 1233 1.8&5 Total resklcted fvnds 423.243 30.965 Umestrfetèd Funds Undesignated FUTh Desrgiiated General Furwjs TO unreslrided Fun 185.W)9 1.16W5 1.¢J44.W 122,6451 407.367 8.320 593,176 1166.825 1.044 309 285,680 399,047 @,727 Tota fund8 657,771 1.59J,(N88 1.524,773 723,Cfj6 PURPOSE OF FUPIDS DESIGPUTED FUN08 Th15 b In réspe¢t of Ihe new Difica buHthng 8(4uited In 202. 4Yd Is reduwt nn¥bY The oshg banCe thorefo rw$senls (hè bk yUe ofth8 81 the yeor8nd. Page 16
Cambtr1¢ige CyrenlaTh$ Umlt•J Iumlfed By GuAf8nteel Notes, ¢orfnu•d. f(1)g part oftho Flnanclal Stat•n•nts for th• Jtyarèrtdèd 31$¢ Marth 2025 PVftPOS£ OF FUNt)S- contjnwd RESIRICT£D FiIND3 Jlotmenis: PmviditvJ & IPrapurt¢ horboufje prolxtfr¢ hom8less aThl wnan. FAeahin9flll Actlth: Olfern9 sL'pr lo all C8ThkniiSJB C• r69enIS ID enabk Ihem to rY &c85S trainr¥J and ¥dunteering. Locdl èLFthorlty hone18sosS wants.. . wo¥lsk>n ofhDmdes8no58 SUPPrt C8mbr1tWhlre CountyCouncFJ Ex-offd5 Fundlw: Forac£omrwJaUNJ atxj al Jubse Proje Cambrldgbshlrn County Councll Funds.. Fc( rdatérf P Older Hom8J885 Support.. p[ tc TesS woman ovèr1 898 of 50 to th8m to accegs &ThJ sult8blÈ indtpendenl aKorTrmod8lhrs. mont HAatth Outroach: A ptUi8cI Sl&Lsupport to homdess men £ (yjttsnty In and ¥kn hwe men1 hBaHh P4rSo[ Budgets Tdal.. IHC&LG Cth fryfrloTDd95w$ Impacl Person Budg8tsTrfÉl èttmlnbter GtBalw Ch8W. Apprnntlcè ProloGt Work•r- PriWlo fund an apprenlke proJBct er. VAhlcl• Fund.. Funds raj to elerArkvan lo reFlac Ihb Ld Rovei. Btjrsary Fund: Dttnatior and grants io 8sSLslreSkknts moth Intfj thotr 0thgv8,' Ntjmws ll81 gTrnts which lbeen gr8fultyrhed f¢r ¥p¢Gkn pu9 to fgrall810 sUprt01 I& OPERATING LEASE COMMITHEiirs 31.3.2 31.3.2024 LeosecotnmllrnenlB at thè year 8Th1 441.514 664.427 laases forg of the woperVa$ A).:enaDLsqrètxmnty fw rar1e. therekFre th& ongolng cA)rpmllment is likdy to kncrease siwifkanly. 14. ULTlblATE COlffROLUNG PAM ¥D RELAYED PARTIES ThrougUl the ye¥r the Charlty wrds conlrc>Jl(inNy by the Board alYTustees. No membw oflh¥ Board orany fo IheTll Tecefvaj anylees ¢x8wses from (thilty dung the yw12023r24.. £nill. mernber of Ihe orothBr pol¥ ts14led lo them had 8ny iThbra81 in any c1jn11 lIanSn Èrter8d Intrj lry the Chty th& wrl2023124.' £rfk 1&RECONcLIAT1 OF NETtI¢XEMENf IN FiINDgTO NEfcASH FLtrIIFRoftlOPERATING ACThryTE8 2026 2024 Net mo¥wrnl funds Add d&prÉctsl Deducl 1ntpAest Inwmo 1lnt¥paserea5e in debtor¥ aj stk IncreasellDEcreowl In 1tlS N8t oash u8od Sn oporatlng 8¢tMU09 58.475 19. I8.5) 02.7571 02 735 65.296 24.643 14,4301 147,3671 8,659 46.8L11 67456 68. ALYSIs OF CSHAND ¢A8H EQUIVALENTS. 318f 2a28 At l Aprll 2024 At 31 March 2025 ows Ctsh In hand Ca¢h 8t bank 1266) .672 1.940 299.074 391.614 246.W2 248. 53,406 16b. ANALY51S OF CPSH AND CA8H EQUPrfALENTS- J15t MaYGh 2024 At l Cash nows At 31 Mar¢h 2024 C8Eh ljt hoThJ C*h st bank 2,208 246.OD2 194,773 51,T29 196.979 51229 248.208 P¥17