ACKEE HfXISWG PROJECT
MOTES TO THE FWANC14L STATEMENTS
YEAR ENDED 31 IAARCH 2024
RENT RECENABLE
OThER WCOIE
Ir
180
10
114NAGEIIENT AND ADlmllSTRATIVE COSTS
37
46.981
861
2.476
970
Trowl 8Lb81qiBTr
1.034
270
110
6.732
627
302
152
8￿&r*s$ r8t8s
Offica LthSti88 aftj iepalrn
Tr8ir•TrJ
A￿￿11 ard accthrtar¢y
100
950
2A10
2.475
4,157
1fi59
1.598
239
15,277
Bart( ctrBrgo8 aThJ ITkn8t
15.746
11
8ERVICE COST8
Cowdl tsx
Water ra
LI￿ oThJ
12238
11033
26A(
11￿14
20.616
4.153
118pal
£62
70
HOU8P4G AS8OCIATK)M CHARGES
74
16

ACKEE H(KISWG PR(KIECT
NOTES TOTHE FWANC14L STATEMENTS
EAR ENDED 31 IAARCH 2024
HOUS•IG UNITS PI PAAN￿mENT
) ofwits maroged on b¢Wofparfnerassooali
18
18
18
18
STAFF COSTS
Wages aThJ sthrf8s
3129)
3.157
3.107
39285
4.180
3.536
Wa8 1512023L 2.01
UNRE8TRKTED FUND
8) GENER￿ FUNO
(*ord￿ baljr
h>)mfDr ts Jp•r
Cbslw balarce
351.883
366.405
37
351
I PROPERr(
Op8rlro b8laru l%YcrfvAAI
RO￿lL#tiOn
ba19￿ c•nled
Totsl FwK16
a perfod ofw
15

ACKEE HOUSWG PROJECT
NOIES TO IIE FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
FIXED ASSETS
Fr••hold
COSTOR VALUAMON
OpeTrro ba￿￿e
850,(W 28,754 878.754
1,9)7
1,907
be￿￿e
8￿,1￿m)
880.667
ACCUMULATED DEPRECL41KIN
OpeThrKJ baLqnce
Charge lorlhe )wr
22,368 22.368
1.659
1.659
Ck)siTrJ baknr
24,027
24.027
NETBOOK VALUE
•$ at 31st March 2024
£6.634 £856 634
as al 31st March 2023
£8￿.0
6 386 £856 388
DEBTORS AND PREPAnENTS
Rert aThears
LesS..PrLNgC￿ dcxtth debts
186.028
41.321
144.707
175.020
31.321
143,699
Lrxg lemi h)an
18,412
18,412
Cther det4￿5 a￿# prep8>ThYwts
£163119
£162.111
CREtXTOR8 AND ACCRUAL8
2024
2023
crethlNS aThJ accnA15
14

ACKEE HOUSP4G PROJECT
NOTES TO ThE F￿NCIAL sfATEMENT3
YEAR ENDED 31ST IAARCH 2024
AccouiillNG POUCIES
Bash of proparall¢>n of a￿lUnts
The financial statemgnts aro Fryafed uThler the his1￿1cl ￿>st conV￿￿On and In
accordanc8 with the Stst8ment of R￿￿)MMended Pradiee. AC1￿￿ting and ReF>Jling by
Charits88 (SORP FRS102).
(b)
Grants and R•nt RK•lvab
Grants and rent,re¢efvablo 8re rec4xd￿I on th8 a(xnJ81 ba8b whlst other In¢om8 Is
(c) D•pr•clatlon
Doweclakn on w4UiPmnt 18 Ca1￿lat￿l tha strawt Ilne basls at rates are
intsnded to wrtte off the cost of tho 0890ts over th8k 8StSmated u801￿ Ilves.
) dewédallonls wovoded on fredK*J as It18 ch8rlVs to malnialn the
bullding in such rthditron th8t the vakne of lh8 buildlng18 not Impalred by Ihe pgwgg of
tlme. Such expeThJiture k8 charged to the Ino)me and expendltur8 accfwnt.
(dl R•pla¢•m•nt and R•n•w•l Co•ts
Capltal expenditure of 8 cydkal natt¥e Is tharpj to the Incom8 and exp￿IlUr8 In the
year of purctw.
{e)
Fund Acc¢￿nI￿
Grants 8rKI similar arè 8ubiKt to donor SmF￿d restrktlons 88 to th8lr uaè
and related expendilurn arn ￿￿nted th)r as rnstrirtad funds. All other Iwe are
sIM)wn as unrestricted.
Gen8r81 funds are Unrestric￿ which are available for use at the dlscretlon of the
trustees.
13

ACKEE HOUS•4G PROJECT
NOTES TO THE FMNCIAL sfATEMENTS
YEAR ENDED 31ST IJARCH 2024
Accoui¥llNG POUCIES
Basls of prgparauon of accounts
The firkinrial statsmgnts ar8 r*gpafed uThler the hist(xic4 (y)st Conv￿￿On and In
accordance with the Ststement of R￿￿)mended Pradic*. AtrA)unling and Rep￿ttng by
Charits88 (SORP FRS102).
(b)
Grants and R•nt RK•lvablg
Gr8nts rnnt,recefvatle are re(*Kd￿ on tho ba8b whlst other In￿me 16
(c) D•pr•clatlon
Dewedakn on •]uipmnt 18 (￿k￿la￿j on the straltht Ilno basls at rates whkth are
intsnded to ￿yfte off the cost of thg a880ts ovorthok 88tlmated u80fid Ilvos.
) d8rAed8kn Is provId￿ on 85 It Is th& ch8rW8 to malnialn the
building in such condlllon that the ¥8￿8 of the buihjlng Is not Impoired by the pa88ag8 of
tlme. Such expthditure L8 charged to the Ino)m8 8xp8ndllure aclxunt.
{dl R•pla¢•m•nt •nd Co•ts
Capital expendltsjre of a cydl¢al nattYe18 tharg8d to the and oxpondRure In the
year of pur(*w.
{8)
Grants and similar K)c0ft￿ arè 8ubioct to donor Imposed Tgstrlctlons 88 to th8lr u#8
and related exFendilurn are wxwnted *)r as rnstri(*ad funds. All other 1Th￿rne are
sfv)wn as unrestricled.
General furKls are unrestricW furKts which are avallable for use at Iho dl$¢retlon of the
trustees.
13

STAl&l￿ OF CASH FIOWS
2024
2023
Nrt¢s
O￿all￿g SurpkL8
19.743
I,659
{1,(M)8)
(14.7021
iJ96
(16,6761
6,852
(22,9301
Cl•ng¢ in debttxs
Ch8nge iti ¢￿a￿or8
Net cash IDhTr)w from oper* *tfvllle•
Ret&mi on hwestn*nts aul seThlclDg of
180
IDvesth¥ Athlde$
ofotlw fLKoI as%ts
(1.sN)n
{1.330)
Net ea8h Intkpw fi
{24.0￿)
Flnanelng
IA•aA8 rewdld
Ca￿tal Tepald
IKr¢￿e h) usb
24,786
{24,OW)
Cth aThJ cash at l Apr
191537
217.817
Cash aryl cash o4Thakths at 31 March

ACKEE HOUS14G PRalECT
BALAMCE SHEET AS AT 31 MARCH 2024
EMPLOY¥ENT OF CAPIT
856
CURRENT ￿SETs
183.119
218 325
162.111
CURRENT LLOBLITES
Cr•Jltr)rs aThJ acawl
NET CURRENT A8SET8 (wLrrE8)
345
TOTALAS8ETS LE38 CURRENT UABLrrES
FWANCED BY:
£1
- 01-IAS

ACKEE H(XISING PROJECT
YEAR ENDED 31 IAARCH 2024
COPAWG RESCAIRCES
1(b)&8
301.998
12
262.093
RESOURCES EXPENDEO
10
10
75,899
62270
72.573
442S3
Ser¥icE cost
T¢Yo1
£19.743
<14,7021
1ib>&9
180
1145231
N•t fof lh• y••r
FLThJ8 brotyJMfop*MTd
F￿J8 t%￿r0
1216405
£1
01
£1
aL*Nl#e•.
10

ACKEE HOUSWG PROJECT
YEAR ENDED 31 MARCH 2024
Socllon E:
Brl•f •tat•rnont of th• eharlty'• poll¢y on
The charlty has 8 of unrestiKled reserves. whlch is maintaThd at a level suffiuent to ￿Ver
any unforeseen evenbJaliti85 for a minirnum cl slx rrnn￿ Tho tharivs unr8StriGtéd res8rv8s are
malntained at a level sufficient to c(Jver the o(ganisaticm's Contra￿ commitrnnts inclLMling but
not excluthgty:
Salarles
R8dundanci8s
Mlnor Sntemal rep8h aThJ rW¢8ff￿t of fun4turn
oni¢e runnlng costs rw#)vatbn
PTovld8 for unforeseen oxpwThlliuro
D•tall• of any fvndl mat•rfdly In d•ll¢lt
NIA
Th8 Ch8rfVs Prtnd￿ s(xxee of derlved Its fentsl lThxme. A6 Such, all
r818vanVnec•ssary gt8P8 are laken to ensure that ten￿ts meet U)8ir obl￿¥1￿ to the Charity. In
tho evont of any dll1thlt1￿ a(kn18 t&ken to mlnln*e rl8k to tha Charfty.
All ￿t1vibeS and runnth￿ costs WKI the Chrity IJ o)v8r•J by the income
gwgted rental Inc£*m.
8•ctlon F:
8ectlon G:
81gn•d on bthll of the charvs trust•
81gnatsw•l•)
Full name
Posftlon

REPORT OF THE INDEPENDENT EMMINERS TO THÉ AIEMBERS
OF
ACKEE HOUSING PR0￿cT
YEAR ENDED 31 MARCH 2024
I r8POrt on tha accounts of the Trust k* the year ended 31st March 2024, which 8r6 set out on
pages 9 10 16
R••p•ctlv• r•spon*lbili¢i•# of th• Trn•100• •Thd Ex•mln•r
The choritvs truste￿ we re8p￿s￿le for prepwal*￿ of ts xcounts. The chaf1t￿$ Iruslee8
consider thai an audit is not required ts this year under Section 144(2) of ts Charitiès A¢t 2011
(Ihe 2011 Act) aNI thal an rrf*end8nt examinati￿ 18 nea1￿1.
It 18 my Te8FKJnsibilty to..
oxamine the acccrfm18 w¥Jor #Oct￿ 145 01 the 2011
To lo11c￿ the procedures laid (kywn in the g￿8￿1 DirnctKTh gN¢n by the Comml88bn
und8r Sectb)n 14515llb} ol the 2011 Act
To stats whethw particular matters hav• c¥)m• my attentlLm.
8••h of Ind•p•Dd•nt Ex•mln•rf• R•port
My examinatijn w88 carried 04rt n accordance wfth thè Goner81 DIrect￿n$ glv8n by the Chgrity
commiss￿n. An examination tncludos 8 rèvithv ol th8 accounlirrfJ record$ kept by the charity and
comparison of the account8 F￿$&nIed with tho$8 records. It also includ88 ￿ns￿leratiOn of any
unusual items or iJisclosuro8 in Ihe a¢counts, and seékfftg explanations frwn you a8 tru$lee$
¢oncernlng any such mattws. The procedures und•rtaken do nol provide the evidencè that
woukj bo required in an audit and con8equently cs)inK)n is givén a$ to whether the account8
presonl a 'true and fvif ViV4V and the rwrt Is lin1t￿ to tts)te matters tset out in th8 next 8ialemenl.
Ind•p•nd•nt Ex*mln•rf* St*t•m•nt
In connection with our examinats"on. no maller to my attention..
1. which gives me reasonab￿ cause to beli￿e thal in any material fos￿¢1 t￿ requiremgn
(•) lo keep a￿O￿nting records in w￿rdance with s¢c1K￿ 130 of the 2011 ACL and
Ib) lo wepare 8ccounts whwth accord wih the atrcwnbng rn¢ords and with the
aecoLtnling requirements of 2011 Act. have ry)t bo8n met.. or
2. to which, in our cpinion, 8ttontth SIK￿ld be drwwn in r*der to enable • prcper undefSt8ndin9
of tho accounts to be rexhed.
3.1-Ql-..&£>L<
ANGUS A JOHN {FCCAI
CHARTERED CERTIFIED ACCOUNTANT
16 Stono101gh Clo
Luton
BedfO￿$hIrO LU3 3XE

TRUSTEES. ANNUAL REPORT
ACKEE HOUS14G PROJECT
YEAR ENDED 31 IAARCH 2024
The Charity maintained a succes5fv1 W￿￿¥8 relationship with its Landlord - Sanctuary
Houslng As80¢iation, t1￿ enabling ￿ to sUC£*s￿lY wovmle Supwrt8d Hou6lng for young
women wblh whom Charity work&
As well a8 the liwering effects of Covtd Ch8rW8 OV8r81 p8rfC*M8n￿nQTh generallon
L*ee h88 also faced chaMeng8s of staff fetsntion, the w￿lbe1r￿a of som& of our cl￿ts, and the
death of tr￿0 of the Charity's lor*rKliw Trustaas. However, a great deal was athieved, thanks
to the dedKalk￿ 8TrJ (xjmmitnwnt of our Senior Hou6ing Officw.
A¢k88 r8makn8 Ix)￿￿lLted to arAurfrKJ Ihat we offer knap around" ￿pport to everyo￿. Wo do
our best to ensure that indNNJuals know and valued. Durlng th8 year we cJ)ntlnue to 8UPPOrt
Indlvldual young women who suffered loss aThJ b8reavemont. others whose M8ntal Health and
general wellbeing has been affected by Covkd 19. 0th8rs expgriendng financial hardshlp and food
povety, resutting In them havirvJ lo vlsil F¢)od Banks for assistance. D&splte many dIffic￿lties. we
)nllnuo to th wlth knJividu* to enywher tharn to ffKwe ¢)n to I￿￿￿onI lfvlrvJ.
Summory of the maln a￿￿ts of the dwrlty thrlng tho year.
Eroapj with several new agendes. maktr¥J them aware of our Seth¢e and contlnued
gocAI working relationships with Now Horkon YcArth Centre, The Greonhou80, Hackn8y
Coun(ai and Hackney So￿81 Servioxs
Ensured that all Heath & Safety *Y)tk has bean carrled out a¢cordln9 to thelr
set pro¢odw
Facilitated 13 tenant rnoVe￿￿nts acxoss our properties.
Improved tumarourml of void Tm. trws Inernasing of the organlzallon. Th18
Is due to the pers￿nt hard w(wk ofthe Houslng Staff and the good rdatlonshlps wth
parb)8r agencies.
Upgrade worts urKlgrt4(gn ￿ one w(W8rty
6 Cllents swjported wlth Move - on

YEAR ENDED 31 MARCH 2024
2. Preparatk)n for indepondent livi￿a.
Encourag￿1, intrcthced and ￿n￿￿￿ted indlvlduals to key s8rvlces {induding GP'S
Thwapeutic SqTrTIG85} other sorvic8s and helped them to ￿¥19al8 their way to
apprqyiate communty supF#J1
Skdls trainin9 and Pathways to Futher Eth￿n.
Hebj work-shops and to one sessions on Managem8nC' D8bt
Management, Intrc•JuctiM to dlfferent Banking a￿￿￿ments and Payment Systems.
Ran ￿0pS and dlssemin81ed infomiatK)n on Health & Wellbeing. Personal
Safety, Lk)m88tlc VIolw￿, G8ndw 8a8ed w￿￿nC¢. Rg18tKThhips, FGM, FlrBt Ah
and Mental Healih
Disseminating Inform8kn ￿ tralnlng ¢worttmill85: voluntsortng; apprentsNps
and assist wlth ￿b ¥oar
3. A8slstance aThJ suppyxt to the cAJmThwniif.
R8palred rolatlonshlps lThJfvk*Jal famili88 and (￿mun￿￿*S
Pn)vlded telepho￿ and face lo face h(￿Ing and informallon to homelo88 8fKI
vulnerab18 young peopl6 who C￿￿(￿ed th8 project for 8UPPOrt
Provided infonnallon 8nd glgnFQSted a number of iThJMdua18 to other 88rvSco8 In the
mmunlty
Di88eminating information on Health w#Y Welkbeing
Encouraged C(xnff￿n1ty Cctheslon
Promokn of the Sen41ce withkn the 98n8ral Crnunlty

ACKEE HOUSWG PROJECT
YEAR ENDED 31 IAARCH 2024
Trustee5 are ury>ald arKI do ncl dorfvo any pwThl ben8frt frun the Charity.
The Charity o)ntinu85 wcces5ful wthlng r•latiortshlps with Sanctuary Housing Associalion,
Home From H(Kne Housing AS$￿at￿￿ Ltd and Claudia Jones Organisation. It also maintained
tkne links with organisation5 and other tharitios workirKJ with homel8ss young people, among
th8rn, Horizcm: Alone kn London" Haringoy Aikdt Leamkng Contr8 arml Vuhorabl8 Adult
Team8.
The Charity Is maknng greater efforts to Incre88e thg rnem￿p and sklll8 of the Board to
broaden Its and 4Komote g(trwlh.
S•ctlon C:
Summary of th• ob￿Cts of th• charfty •¢t out In Its governlng documtht
.To prrNkle short tami a(xx)mmodakn 81nglg ￿￿)rnen - 17 to 21 years of
age In shared 8rxx)mmod8lk*L
.To pro¥ide infrymotion ￿lda￿l ￿￿1 SUkWOrt to wepgre them ts mm ￿ to Ind8￿￿￿￿t living.
Publlc B•n•lh •tal•m￿.
The Trustees of Ackee H(yJslry Project pay regard. to g￿dance In 2006 cha￿￿8¥ Act on
Publlc benefiL
1. CA)ntin￿l wlth tho of a Swptyiod H{m￿1r￿a to ex18tlng and new tsnants
Maintaiiing a safe and Se￿re envY0n￿ user8
Providing regU￿r key Y4Drk sessiLY
Ensuring that supyi Fdans aro in pthe and regularty raV￿￿nd
Run a (xxntrfnal￿ of workstKVS arKI one to one sessions on toplc* 8uth a8;
Pe￿r￿1 Develoyywit. Edu(*tion. TrainiTrJ in Preparation EmpbymenL
One to one 38ssicns on maintainww indrwidu*' tenarry.
Provide a resetUem8nt prDJramme for ￿ to six M¢￿th9 to tenants who nThd on
s￿%*$$￿￿y. to live indepe￿I￿ty.

ACKEE H¢XISWG PROJECT
YEAR EP&IED 31 IAARCH 2024
Th8 Management Commtttee of Housing Prqoct (¥th0 *8 also Trust808) pr088nt thoir
rewt and examined financial statements tr the year ended 31st March 2024.
The fina￿81 statements have been prepared in acaydance *ryth th8 acc(Nthting p)licies Set out
on page 12 and ct)mply with the charitys trust deed and applicable law.
8•cllon ￿.
Charlty Nam&:
Regl8twed Charlty N￿nb￿.
Prlndpal Addr888:
8 Palatlne Road
Stoke N6wlroton
LL¥Kk￿ N16 8SX
Charfty Tru8lees.'
Maggle Sevefln . Chalrporson
Hazel Ellls
Treasurer
8•cllon B:
By arvllcatm￿ andlor sklls and 8xperl8nc8
The Board of TnJste88 (Management Cornmittee) meel al 16asl six times per year to make
decisions regarding the rurnirvJ arKI safeguarding of the assets of the Charlty. Ir￿lUdIng tsking all
reasonable steps to reduce any risk to the Charity artd to yovkle reasonable assurance that..
Its assets safeguarded against unarth0￿ use and diSFX)siI
Proper acoxmting reo)rds are maintained and financwl infomialion is reliab
It Is operating efficienlly and affethely
It rA)mpligs with relovant13ws and rwjulali

ACKEE HOUSWG PROJECT
FINAIICIAL STATEMEPITS
YEAR ENDED 31 IAARCH 2024
Rog1St•r￿ Chwlty Numb•r.
103 8tok• N•¥Angton Road
N168SX
Magglo Sov•rfn . Chalrwi*xi
Haz•l Ell18 - Tr••suror
Yvotlo Thomas- S•cT•t•ry
Bank•r•:
Natloml W•stmln•t•r Bank
198 Stok• Nvwlngton Hlgh 8tr••t
London
N16 7GA
Anou• John FCCA
16 Ston•hlgh Clo••
B•dford•hlr• LU3 3XE

ACKEE HOUSWG PROJECT
INDEX TO THE F•IANCIAL STATEMEPITS
YEAR ENDED 31 IIARCH 2024
copfftp
PAGE
TN•t•M' Annual R•wt
8alanc• 8h••t
10
11
Not•• to th• Fln•n¢l•l Sl•t•m
12-15

ACKEE HOUSING PROJECT
FINANCIAL STATEMENTS
YEAR ENDED 31 MARCH 2024
Angu• A John (FCCA)
Chart•rod C•rtlll•d Accwnl•rt
16 Slon•l•lgh Clo••