Company Number.. 01980372 Charity Number.. 293717 GROUP FOR THE ROOTLESS OF WATFORD IG.R.O.W.) Report and Accounts Forthe year ended 30 September 2025
GRDUP FOR THEROOTLE55 OFWATFORD IG.R.O.W.I Company Informatlon Company Number: oiG80372 CharltyNumber: 293717 Reglstered Offlce 36 Rickmansworth R08d Waiford Hertford5hire WD187WT DirectDrs Rlchard Butler ChT15tDpherBrooks Dana Beale Indepèndent ExamlneTS Artem? LimltÈd Chèrtered Accountants la Klngsburys Lane ftlngwood England BH24 IEL Bankers The Co-operative Bank PIC PO Box 250 Delf House. Skelmer5dale WN8 6NT
GROUP FOR THE ROOTLESS OF WATFORD (G.R.O.w.) Report and Accounts For the year ended 30 Septernber 2025 INDEX Pose Number Ito4 Trustees. Annual Report Indeptndtnt E*amlne¢s Report Statement of Flnantlal Activitles 8alance Sheet 8t0 13 Notes formln8 yrt oftheA¢¢oun Thefollowlng page does not lorm part ofthe statutory accounts: 14 Deralled Income Ind Exp•ndllurt AcEounl
GROUP FOR THE ROOTLESS OF WATFORD (G.RO.W.) Trustees'(DirectOTS') Annual Report For the year ¢nded 30 September 2025 TTUSte¢5' Annual Report The Irii.stee£ submit their i'ePOTt Ingether w'ith the accounts for Ilie Ye ended 30 Seplember 2025. The accounts have been ppared in accordance iviih ihe Companies Acl 2000, Ilie Charitie% AL'I 2011 amended foi th¢ Ch•riii¢s A¢1 2021 lh¥ m¢[ll0rdjn Jnd Articl ofAssociation and Accounting and Reporting by Charili¢s-.Si*¢menl of Reconimended Practice applicable to charities prepaTIII8 Iheir accounts in accordancc Ivith the financial Rcpor(in8 Standard applic4ble in tli¢ UK aod R¢publi¢ of Irelwjd IFRS Strn¢tur¢? governance and management Th¢ churSty is ¢onstitutEd as a boinpany, liinit¢d by guthrantee. do¢s not hiv¢ any sharc capital, wnd it is Bcvemcd by its Mtinorandum and Arniclcs uf As50Cliltion. The trusices And n8¢m¢n[ commiire¢, Iheir appDinim¢ni. I'otJ¢ioTr disqualifi¢oiion ar¢ ¢BWTi¢d tsut ui &G¢ordan¢¢ iviih thg Meniorandum )tsd Articl¢s ot. Association. Appropriate induciion and irninlng poli¢i¢s ore in placc for ncw Iru51¢es. Th¢ Trusi¢¢s dejegaie the daY-daY operations the140slel manager an¢] his team. Thc Hostel rnanAger m¢els ivitli Ihv TTllSte¢5 ai leasi five limes a year to discus5 progress in relation Lh¢ objeetives. mothiior pcrfortnanG¢ and agr¢¢ (Ulu budge laTgc15 and PriQTiIics. Th¢ Hostel M8nsg2r h8S C5lJblish¢(I mJnogeTneni practlC¢S Wlthin the optIOnS of the charity which have produttd itIlPTov¢ill¢Tlts and grown thc 5crvices offera by G.R.O.W. to its residcnts. enhancing the repuiaiion of G.R.O.W. ,11111Th ih¢ local commiinity ¥md i11creall8 public aivaT¢n¢ss. With Ilie impa¥t5 of COVID-19 now ivill and truly in thc past, and th¢ outcotnc of decisions by third-pJty bodies such as Herifordshire County Coiin¢il r¢moviD8 SI41$. a knoivn ¢niityi we have been able to foeus on the implemeniatio f our rLVi¢W of strate8y and iot¢mal maiio&¢m¢ni of th¢ charity. Briyion Road, a ncw move on propcrty. acquirEd throu&h R parincrship iwith an inve51tDcnt party. has proi'ed to be a successful rnilialiv¢. W¢haY¢ incr¢as¢d nur capacity across th¢ chority, iTrith only minor clianges to starring levels requir. This hus enabl¢d thc re¢oYery of r¢VU¢ from10st funding from Henfordsliire CDuniy Council. Wilh th¢ fo¢us Now firmly Dn th¢ futu of GROW, Iv¢ 11ov¢ been ablc to bpend time focu$ind on the eXp¢r1¢¢¢ and ccointnodaiion for our clivnis I residents. This has involved a rttTrieiv of Ih¢ quality of d¢coT ivithin Ilie properties we inanag and iniprov¢m¢D(s has b¢¢n initial¢d io bring th¢ stondards ivilhin llll properties to tlie level in lin¢ Iviill th& nuv PTop¢niis wc have acquircd. Similarly> our strategy for delivcring kw working prograrns and iiidiN'idual s¢ssions to clienis has improved. s51st¢ in part. Iviih ilie use of )enCY sioff. Oblttllves #Dd A¢dvAtles Group for th¢ Rootl¢ss of Watford IG.R.O.W.) is a chariiablc op&nisatioTh iyliose aims to- Rclicyc ilie hardsliip disir¢ss orh0Cles5 fii¢Dy aged 25- 60, in Wutford. by proYidin8 th¢m with ac¢omm¢yJ&tion and support. ProK'id¥ specittlis¢d.support in thcchallenges of0vean11n8 dependentie5 and abuse of substances and oih¢r addi¢tions. 3. Help TIdentS io a(iain a mor¢ stthblv ivY4>' of lif& iVTth the 5UPPOrt of other agenLI to help r¢•S¢ltl¢ th¢m in ind¢peTident accon)modation. 4. Assist ihtse regidenis and giv advice on finding 511ltablc ¢niploymLlJt in tliL cDmmunity. 5. Continue to 45515t oiid support Ili¢ residLnts onc¢ they have left G.ILO.W, Iviih emotional ond practieLI help. ¢0 ¢nobl¢ Ih¢m 10 bwom¢ b¥til¢d sponsibl¢ m¢inbers ofthe communtly. Use our resourecs in o responsibl¢ mann¢r or all tim¢$ for th b¢n¢fit Df our r¢5id¢nts and staff. The Hostel slrivcs lo b6 a5 acces5iblc as possibl¢ to p¢apJ¢ froTn diff¥r¢nt culiures and backgrounds ivel¢om¢s us¢ts frtsm all ethnic Co[nitIe8 bEliefs and culiiires. GROW provides ihese obj¢ctiv¢s using th¢ main h051cI, whcr¢ all the scrvices are b8scd, artd threenearby satellite tlouses.
GROUP FOR THE ROOTLLSS OF WATFORD (G.RO.W.) TruSlee8'(Dl¢1orS') Annual Report For theyeaT eDded 30 September 2025 In shaping our ¢bje¢(iv¢s for th¢ y¢ar and planJill8 our adiYiu¢& lh¢ rnwe¢s ¢onfmi thai th¢y hove ref¢tt¢d to ihe 8uidan¢ containcd in th¢ Cljarity Commis5ron's gerKrai guidan on publi¢ ben¢fii artd IioTr¢ ¢omplI with s¢ction 4 of lh¢ Charitie5 Act 2011 amended for the Chariiies Aci 2021 14i5k A55e55m¢nt In ord¢r to compl), i¥ith lh¢ Sta¢¢m¢nt of Rcwnim¢ndcd Prnaicr for Chwity Accounts IFRS I D2). & r¢viciY of lh¢ major risk% whiLh Ihe Lharity is exposed and the svstcms ihaL have io be established to miii8are those risks liave bven carried OUL The review 05¢rJ ternal faGtors ¥nd prwdur¢s hav¢ b¢cn pu¢ in plart W I(1fy 11105¢ ar of FwA¢ntial lerab1)ity. Thes¢ are monitored on an oLgotng ls. Achlcvtments And PtrforniAnce W¢ mainl?in our 4 main (thjetitv¢4 whith arw. l. Ourbrand. r¢pui&lion and profilL We want lo enhance wr reputaiion &$ a cartnE enyironmeni where clients CQD recei%'e the support they rtttd to ¥¢hiev¢ lAd¢dent liyirtg. To a¢hiev¢ thi4 we are divcr5ifyit)8 our s¢ryic¢ 10 include.. ienancy reliOn COU life sk-ills such &% cookin8 aThd h1th), ealtng H55istsnce i rLndin8 volunwry wot and 8uidance in managing the transiuon to sclf4ust4inmethL We htsve esiablished a positivewwkinB relafnShIP with lfvaiford Borough Counal and ilie oiher service$i%iihin Walford nd th¢ 5urrowiding ar¢a We coNinue lo r¢c¢ive Teferrals from parthership agenci4 buL most importand)., we r¢¢eiY¢ th¢ majcrity of ref¢rra]5 as direct aprxoa¢hcs from wtcntial cli¢nL% deMonAl% GROW is recogni5ed 35 a preferenc¢ for those thai requir¢ our service& UnfortuRalely. we cominue w boId a w8itlll8 IISL hffiv¢ver. w¢ s¢¢king to incm capa¢iiN' fllrtlitt ertable us to more pe¢)plE. I In¢re8sing our 8¢¢ess to >TM(j11Q. Where in ihc ive have lookcd th putch3sB pr(4W ID •JdTe55 the issue th•¢ aCMr0dl0u for our di¢nts who r¢ady llve00 is in short supply or rtoi sfford8bJ< w¢ ate devisirt8 projcLS to use ¢M]rresourtes to secure a¢¢ess to 8ceommodaiion artd pmwd¢ (v41r ¢lients wii realistic proposition independeni livin8 is achiev•bl We have successfullv taken a lon£4erm l&ise with an ttddition•l Motr¢4)n F]rtY Én Brixton Road. Waiford. providing Mp to n additional >bed space. This has xhieved through a partnership with ty third party that ha5 purcliased lh¢ pwerty on ow behalf. The are look(ng ¢0 fvrth¢r develop this r¢lationship in the near futur 3. D¢v¢loping c105er workiThgs(rategies ivtib the local authority partr organis&lion& a5 wc understand Waiford Borough CouneAI is setkittÉ to hokl doser control of r¢fcrrals 8ThJ manasement of p4thivoy5 for residents. Watford Borough Council have Implemeied Ihe 'Single Homel¢ss Pathwrf. whereby they seek ro process and l0¢t¢ 411 rcf¢rrals to each scrvice w0vid. removing Dur ability ro receÈ¥c referrdls dir¢cily. We Continuc io work with th¢ Council on this Ghang¢ and remain c¢M)fJd¢nt that with the righi Collaboratio ihis ivill be a POSiiiv¢ thartg¢ for our 5grvic& How¢T. IYC Iso ¢otttinu¢ io r¢c¢iv¢ dir¢ci r¢f¢rrats. and maintain a wwtitig Al forour servt¢¢s. 4. Seekingw iderttify D¢W Potenti1 ttu#ee5 ivho ¢ouJd s[d for t110n in order kn rduce the risk of meetings being non-quor¢ and tyabl¢ ¢h¢ IKTr4rd io incr¢a5¢ its5kill b Thi5 i1ertL remains 8 key (*jcctivc
GROUP FOR THE ROOTLE&S OF WATFORD (G.Rw.) TrBStees'(DJrÈdon') Annul Rert For the year ended 30 SepteThber 202S Fu¢ur¢ D¢vdDpmmts ond SiTrtrBi Moving fOr[(L K will eonlinur our on th¢ 4 obj¢¢ttYes listed 8bJiA noting ts learning W¢ha encounlertd tr lh¢ pasi ye. W¢ ur¢ now I17 inkn the 1MpkrncnioR5laB& mon11n¥ thc cffcctivetK&s ofours(Me8y And em111Y wl¢win The $latcmeni of Financial A¢iiviiies frtheY is ts¢l i)t)l ¢Jn six ofthc 1¢unts. Th¢ in¢om¢ for Ih¢yur •mouni¢d to £673.06312024: £590.1791 The ¢hwlty lths Tecelved o higher rats of housing benefi4 whicli ha5 mltigiid the wlthdrawal frorn sup}18 P¢opl¢. Expcnditurc for dje yeBr amounied 10 £571054 12024.. £537,270l The is mainly atiributabl¢ io havin8 8 rtuy proper(y. Brikitsn Road. for an cntire y¢Trr. toÉah¢r with assoEiatsd protry llEnnin8 ¢oa$ such a¥ h¢atln8. All othcr &xpLbttses relauvely coKsi5¢eni the priwyear. Th¢ Charity r¢ccived r¢5tric¢ed funds in Iheyear of£nil12024.. £nil}. S¢at¢mf vt ofTrust¢es' Rupopsfbillll Thc Iru&lc¢8, Ivho ar¢ Also Uie dir¢¢iors of Gmup for il)¢ Rootless of Wotford IG.R.O.W.) for lh¢ puvpo$¢ of cornpany llliv, a r¢$pon$lbl¢ for prcparin8 thc Trnsiees. Rep and the oc¢outhts in aE¢ordo¢¢ iviih Rpplicahle law United Kingdom A¢¢ountlng Siandoi'd$ (Unit¢d Kln8dom Genernlly Acc¢w Acwwiling Pr4ffli¢¢l. Coniplliiy law rcquirLS (he tn151ees 10 prepor¢ a¢¢oiints for ¢4ch firbancial >cHr, which Bivc a Irue and fairvlew of the Slot¢ of alTDlr6 of lh¢ ¢hurilabl¢ wmpany of rhe in¢omin8 r¢SoUrc ond 8ppll¢iion of r¢source4 including the in¢om¢ ¢Xp¢ndliU or IIIL charilablL compony fw lh year. In prtpiritsg thes¢ llccount& the 1ry51¢u gre r¢quiwJ rc S¢l¥¢L$uiityblr i¢¢ouniin8 poli¢ies Dnd therb apply them con&strnily. Ob$¢rv¢ lh¢ mEthods And Pr1DpIes in the Chariiies SORP,. Mak¢ jud8cm¢nts llnd estimat¢s thai are wsonable ond wudrt. PPare the ac¢ounLS on die8oln8rfon¢crn blsUn15 it ts inapwateto presume ihot Iho Mmpany wlll coNinu¢ in lnes The INsi¢¢s xr¢ r¢$poDsible f¢Jr krtpiDg woper accoun(ing ttcords which dis¢105E. Ivlth Teasonttble J¢thJracy ai any 1Sin#, Ihv finan¢iol POSilioD of lh¢ CopanY and to enable Ihem 10 ensure the accounis hav¢ b¢cn Fffoperlv pr¢p¥d In B¢¢ordon¢¢ willi thc provlsitsn5 Dfihc Companic5 Aci 2(#)6. They ore 81$0 rtsportsible for sllfegvarding th¢ asms of th¢ rDmpany ar1 knce for iokin8 reasonsible sty for ihr prwrntion d¢l¢rtion orrr41 and sAher iTreRulariiie& RcmuneNtloM Ptsllty The HoNtel nteds to r¢¢rui14nd rdain sthff with 4 wide rge of5kills. As a reliv¢ty small organisation working In speuialist field. 1¢ n¢¢ds ¢0 b¢ l¢d by ¥thrrwho have Speciali knowledse in ihe relevani fields combivd with orgDllisaiional d bu5in¢s5 ¢¥P¢rtise. The same benefi including pthsion& AlY io all aff. The ¢h[Y doe5 not appl), any perfomiant relgLttI pay and does have J b(MJu5 s¢h¢m¢.
GROI]P FOR THE ROOTLfi SS OF WAITORD IG.RO.W.) Trust¢e$'(Dlre¢tors') Annual Report For they¢ar¢nd¢d 30 Sept¢ml)er 2025 JJ¢EiI #ndAdministrntlv¢lMformiitio The Group For The Rocrtl¢%s OL Waiford (13.R.Q.W) 14 limited by andTrsas no SIre capitxl. Noije oFih£ Iru5tees hav wiy b¢n¥fi¢ial illtLrcst in componv. Thetntslees yre die$ole ineinbcrs of rh¢ thjrnpany tocDntributc £1 in th¢ ¢v¢nt of 3 wiThling up. LOJ1PAYJs jgISter dtsrily uThdLY the Cltoriiies 2011 amthiedlorthe Cbariiies A¢1 ?. withr¢gistration nMb¢r 293717. R¢5erYes Pobcy T)1# I'rustees he estAbli5hcd a poli¢y to Tnain¢]n reserves at a l¢v¢l thfvt wotslcl enable the sen4cc io continue (o qjeraie should fviidittg and other soutces of inconie be tkw¢a¢¢n¢(5 (govenurttnt tundins or htsusi1i8 benefi4 for exampl¢). It ks dso tt trut8). to IIi¢v¢ 5Utrici¢ni resi'rvL% fu LrL4ur¢ ¢li¢Ats tan b# r4hi)us¢d should ¢iTCilI)i8iaRci dictate tbe cloyttre 01. oll¥ ot. Ill l)OitsLS. eidiwr letnporarily or p¢rnianently. #nd linaoee a 51rs¢¢gy of obtait)illB ldItIOnl 4iC¢0TtLThodatiI suppl) lon8-1¢rn1 lea&&4. The reserves are consid¢re41 sufficieni by di¢ Trnstees w ¢ov¢r The risks the chsrity fa¢c$ and thc d¢iFelopmertr tha dwity wishgs 10 udert&L 8iYLn its stTai¢gi¢ Iiin)s (rcputtsiion alld iutlu¢nrfy quaiiiy of suppon off¢r¢d and $overJ]Riice). UJue*TlCtcd rcsCn'¢S at 30 S¥piLmber 2Q25 omuunied to £575.018 (2024- £471.394) aKd reslriGt¢d rtt%erk at 30 6¢piwThbcr ?02$ gmouni¢d to £7.198 (2024: £9.812). The tTUStces Lonsider the5c r¢¥uILS io be slltisf2¢ttsry in lin¥ i%ryth thcir polictr .?iid expectatioDS. Trnste¢s tn15E¥Ys, who ore 21w ihe dlrccl0 for ihL PWPL)K' o£¢0mpY low, ond who servld durin¥ IhL y¢w, Thwre asfolloi%%.' Richml Bll¢r CluisLoplKr13rook$ B¢alc ri&x¢mptlon Statcmcllt Til¢ Accot$111,t been prLpared in aK0rd0Th M4tli 1¢ speckaj proFiSlaJ for Slnllll companies under IS of ihe LoMpanI.4¢1 ?oo& ror rittarn¢l y¢aT ¥nda 30 SLPtember 2025. Lli¢ ¢ompany w9$ entitl¢d to ¢xottiplioll frDm audit under ¢110 477 oFthe CosDponics Act ?006 relatin& ¢0 smoll rollLpllnitt5. By Order ofthv BDard ChTi5ttsplier Brouks-'rn¢¢e and Dirn4ctor Date..
GROIIP FOR THE ROOTLESS OF WATFORD IG.RO.W.) Independent Examiner's Report to the Tru5¢ees For the year ¢nd¢d 30 Septernber 2025 Independent examiner's rewjrt to the truste of Group for the Rootle55 Df WAtfDrd (G.RO.W) Charitable Compahy Vtbe CompAlby'I ¢ I'epoit io Ili¢ GhJrity ¢rusLed% on our ekanjinatioii of Ilie accounts of Ihe chariiv for th¢y¢ai ¢ndcd 30 Seplcmb¢r 202). Respon51bllitles and ba515 of rqjort As the chatY IrUS¢S oftlic Company {aDd ulso its diretiors for the purposgs ol Company laiv)J YOU OT¢ KsponsTbl¢ foT th¥ PTepardtion L)fihe sccouiits tn a¢¢ordance willi ili¢ r¢quir¢m¢n15 of th¢ Comi?aTii&¥ Aci 20( {'Ihe 2LX16 Aci'l. Flaviiig E&tisfi¢d outselve5 that (he accounts of the Comp$ny are not N'quircd to bc audiicd undcrPart 16 of the 2006 Aci ond oi'¢ eligiblt for inderKndent tYamina(ion. Ive report in resp¢ Df our ¢x&ininalioiJ of youi. cliarity's accounts a5 Caled out linder sc¥tion 145 ot th¢ Chariiie5 Act 201 l uin¢nd¢d for Ilie Chttrilitts Aci 20221.the ?al l ACVI. IM carrying out our ¢¥ainrnaiion, Iv¢ hd¥e follL)wed Ille Directions Biiren by the Cliarity Cuinnii55ion under seciion 14515) Ibl of di¢ 2011 Aci. Independent exarnlner 5 Stite[el cc thc Company's gross inrome exceeded £?50,000, sour ¢xamiThcr Lnust bo a m¢mb¢r of a body li51¢d in 5E¢tion 145 of the 2011 AL(. We confim ihu( li'e are qualifi¢d to undertak¢ lh¢ 3mLaLl0 becau$e l ain a niember of the AssociaiLOD ofstDiidard a TrrtLied Accountant& ivhiLh is onc of the listed bodies. e havc complcied oiir ¢xamiiiutioii. W¢ ¢onfLm tha¢ no mÉtters IJAve conie to our atLcntion in CODne¢tion with the amlTlkilion giving us ¢8vs¢ to believe: ccouiitlng Ircords iv¢r¢ not kept irt rK%pect of the Companv as required by scction 386 of the 2006 Au- or 'he aLLounis do ttol ?ccor(l ivith thDse record5. or ht aeeourtts do noL ¢ompl} Thiili th¢ accoiinting r¢quii'em¢nts of 5¢cEion 396 of thE 2006 A¢¢ hLr thtsn ¥Lny r¢quirenierti iliai lh¢ qbcounl% givv a'lTue and f#¥i view iYhiLh is noi a maitw corL%id¢red us purt ofun independent examinatiott. thr h¢ accounts IMI'¢ Dot bc¢n prLPAred iii accordaiicc willi tlie inciliods and priiiciples oftlic Stat¢mcnt of RcconiiHcnd IlxciiLe l()r accoutiiing and reporiing by cl)ariti¢s applicable to ch&rilies prepai'iiig IhEir aBcoullts in accordancc iviih (h¢ FiDanci*l RtP0111ng Startdard opplicable in the UK and RLpublic of Ireland IFRS I O?). hAv¢ iio toneerns httve coine across no othtr maiicrs in connection ivith Ihc cyaminarion io which attention shId b¢ draiin in Ihis report in order 10 enable a proper und¢rstundiiig of Ili¢ octounl$ 10 l)e re2¢hed. Vuv81 S#lomi For aiid on behalf of ArtemA Llmfjte Independent Examlntr
GROUP FOR THE ROOTLESS OF WATFORD (C.RO.W.) Statement OrnancIal Acdvld¢s For the year endEd 30 Septeber 2025 Notrs Unre5ththd Funds Re5thcied Funds 2025 Total Funds UnT&WiCted Funds Incoming ROTC Gen¢rai¢d funds Charitable aciivili Other income 29.943 64D.695 2,425 29.943 64Q695 2.425 55&66 4,47 Totai Incoming Resou¢5 673,063 673.063 590.17 Resources Expended Cost of choritabl¢ ¢iViLi¢S Oiher resources exEd 557,418 12,022 1614 560.032 12.022 519.56 16,40 Tota] Resources Expended 569,440 2.614 572.054 535,96 Ne(MovcmenL8 in Funds 103.623 (2.6141 101,010 54.20 Reconeiliation ofFurLds Total Funds ai l October2024 471,394 9.812 481,206 417.18 Net Movement in funds 103,623 12.614) ioi.010 582,216 54.20 Total FuzJd5 at 30 September 2025 575.018 7.198 471,39 IbB troI of fJnwGial aalvill inGiud¢s all th¢8ain5 and105s¢s [OgniSed the year. All income and eyndityre is derived from coniinuin8 activilir The nole&onpages8 10 13fvrniptsri ofihs¥g tKcow
GROUP FOR THE RCK)TLESS OFWATFORD {GKO.W.) CoMpY Nffjllber. 019803n CbarityNomber:293717 As at30 Soptember2025 FiKcd Asyets Tangible Assets 12 31?457 301250 CuTr¢ntAssets 13 58.008 C&8h at ID band 'th3J16 313938 218,951 Creditors: Amoiints fallittgdue thin on¢ y 14 (44.179) (29249) lyd ¢urr¢llt Mssets 269.759 189.688 Total wsets1¢ss tqrTeDt 8bl 58L?16 491.938 CMIlto. Atllounts falling after Orethan one year (10,73?) 581216 481.206 ReserY¢s IlnrestrA¢ted Itheom¢FMtsds: ULirestrictcdFw D¢signatedF 18 18 525.018 iO.000 4?1,394 50.OfJO 575,018 471,394 Restiicted Incojlle Fvud5.' RestridedFurvJs 18 7,198 9.81? Tal funds 4% Th¢ Compllny is ¢niid¢d to extyion from audltundersea1 4T1 ofthe ComppniesAd 2006fortheyearended 30 SeptembEr 202). The membEf5 have not nquiicd cowy to (Jtain a11 ofils fla1 ststcmts for theyeor ended 30 Swcmber inaccordance with Section 476 of thc Comwies Act 2(. Th¢ directorsgrknowlelh¢irwonsibilitiestr. (a) ¢nswing that the wn]yetps accouDkn8 records vthith qymply with Sections 386 attd 387 of the CompaniesAct 20(hS and (b) pretoring fuMThcial thtemenls whith give atroE atld fair view of the stai¢of affairs of the corllpany &$ at the end oleath fuwicial year atml ofits surplus or d¢fKii for ca¢h fmancial year accordance iTrith Ihe tequirenients of Sections 394 and i95 and Ivhich berWise comply ivith the requirnettls of the ConJpanie5 Act ?6 r¢laiin8 nanc1 Statemen so faras aFg1icabl¢ to th¢ mmpani". The fthancial 5thteme4Rts have beenpepared io xcordallcewith the Pr1$1059[FI 15 ofth¢CompJmies 2006 Tclating to STnall copanIC$. These accou thebosrdon.... Christopi)er Bro teeand DireLtor Th¢nOIOnF0g&r 81? J3fonvFwl ofihu¢ar¢(Mo*s.
GROUP FOR THK ROOTLESS OFWATFORD IG.ILO.W.) Notes forillg p&rt Df the Accounts For theyear ended 30 Stptember2025 PrintlpalAeeountlng Polleles Company Inforniatlon Group for thc Rootless of Watford is a private coinpany limited by guardntee incorpordtcd in England and Wales. The registered office is ai 36 Rickmansworth R02d, Watford, Hcrtford5hire, WD18 7HT. A¢¢oulltlng Convention The accoun15 have becn prepared under the historical c05t convention, thE StateTnenl of REcotnrnended Praciice accounting and i'tPDrling by Chartties in accordance with the Financial Reptsrting Sthrtdard applicable io the UK aiid R¢publi¢ ofIreland IFRS 102), thecompanies Act 2006, and Ihe Chamiies Aci 2011, amended Corthe Charities Acl2022. The accounts include the resulis ofthe chjrity's operdtions which are described in the Trust¢es' Annual R¢port. The financial statements are prepared in Sterling. whlch Is the fijnctsond currency ofthe company. Moncthry atnounts in Ihesc financial siatemenl$ are rounded Lo the ne8re51 pound. Going Concern The Irustces have l0ed ¢h¢ going wn¢¢m basis of accounting in preparing the flnan¢ial aem¢nts: Ihe Ttwees are S&li5fi¢d th¢ Charity has sutricient res¢rves and access ihe fjnancial support necessar). to meet working ¢2PiLal requlremenis and enable rhe charity (o rernain in operational existence foi the foreseeable futu. Intomlng Resourc¢s Toial incoming resourc&s. shown in thc Statcmeni of Financial Activities, are the turnover of the charity and comprise the value Df fees, grants and donation5 receivable in the ordinary cours¢ of activities, iogerher with grants receivable in the year. Housing benefits are Claimed on b¢half ofthe hostel residents. Other incoming reso)Jrc¢s include bank inierul received. Resourtes Exptnd¢ Bxpcnditure is attounied for on an a¢¢wals basis, r¢¢o8nised ivhen a liability is incuTrcd, and clas5ifiEd under hpadings that aggr¢ga¢e all ¢0518 relad to the category. When CD5ts cannol bc direcily allribuicd tts a heading, they have been allocated to activitie5 on a basi5 consisient with ihe use of resource5. Cash #nd Cash EqulvAlents Cash and cash equivalellts are basic flnancial assElS ad include cash in hd, deposits held with bank5 and othershort telrn liquid invesiTnenES wilh maiurities of ¢lir¢¢ months or1¢5S. BASIC F5nanclal Assets Basic financial assets, which includc debtOT5 and cash and bank balances, are initially measured aL transaction price including trdn5aclion cost and are subsequerttly carried ai amortised ¢os¢ using ih¢ effective irtieresi mhOd unless the aangemellt constitutes a financing tTan5action, Whe the transa¢lion is measur¢d at th¢ pr¢s¢ni valu¢ of lh¢ fu[u r¢¢eipts discounted a¢ a market rate of Interest. Flnanclal asse(s classified as receivable within one-year are noi amortised. Basic Financial LiAbiliti Basic financial liabilities, including creditors and ballk 108ns, are inili&lly rccogniscd al transaction pricc unless the amgement ¢onsiitut¢s a finan¢ing transw¢ion, wh¢re th¢ debi instrument is measured at th¢ pres¢ni valu¢ of Ihe fu(ur¢ receipis discounted at amarkei rate of lnieS1. Financial liabilities CIlfIed as payable within oneyearare not amoriised. DcprE£iRtion Tangible se1$ are stated at cost les5 depreciation. Deprcciation 15 provided at rates calculated to WTiiC down the c05t, less estimated residual value, of all tangible fixed assets ovEr their exp¢¢ted usefvl liv# as follows '. Freehold pi'oper(y not depreciated Freehold in]provements- noi depre¢iad Leasehold irnprDvetnents - over the lease I¢TTh Fixtur¢5. fiitings and equipmmt - 3 y¢ars straight lin¢ The frcehold prDPCrty is not deprtciated, rtprcsenting a departurc from the Financial Reporting Standard applicablc to thc UK and Republic of Ireland (FRS 1021 and Companies Act 26. which require all thngible asse¢s to be depTe¢iated. The freehold property i5 nol depreciatrd Dn the gTounds tha¢ ihe residual value is Consid¢d to be equal io or higher than the ¢0. md dep¢latIOn would b¢ wholty immalerial. Annual impaimEnt IEviews are carried out to substari(iate the value held in ihe aecounLS.
GROUP FOR THEROOTLE&S OFWATFORD (G.ILO.W.) Notes formlng pArt of the Accounts For the yvar ¢nded30 September 2025 PrincipalA¢¢ouudng Poll {¢ontinvedl Le%%es Rentsi Und opeNin8 leLses and the paymentsmade undtr them a]t thatgtsl to the stlent ofFinancial ActiviLiE5 on a 5trdight-line ba515 overth¢ lease ¢emi. Employee bett¢r Temiinption benefits are recognised immediatrly asan exptswiwhen the company is demonstrably commttted to Icrminalc th¢ employmeni of ary employ¢e or ioprovid¢ternJination b¢nefit Penslons A defined ixnefits pension scheme is (yerated by Hcrtford5hire Counry CDuncil and The Pension Peopl¢ on behaifofth¢ ernployces of the ¢hari¢y. Th¢ $¢ts of th¢ h¢rn¢5 are held SeparalY from those of (he company in independently tdminitted furtd& Contributions are Charged to the swtem¢nt of financial a]VitieS &4 they fail du& ThE HErtford5hire County Council pen5iCn 5chettLe rs cutTently in a sllrplus tK)siuoll- hoiv¢vw, due to a nurnbcr of uncertainties regarding ihe fu¢ure recoverability ofthe &sset, it has not been recognised as dI in these accounts. Due to the ¥aJplw on the rkn5ion scheme, (he chariry is noi requir¢d to make any fi]rthcrrontrtbviio UDrestrKt¢d funds Unrestricted fi]nds are th05c which aTe VTlltstriC and are available for use ai the diSClOn of (he Trustees in ihe furtherance Df the g¢nEral objective of the cbatity aT hCh bave noi been desi8naLcd forother purt)scs. Dtsignated fund5 Designaied funds comprise unrtstricted fi]nds that have tKen5et85idcby the tTuAecs for particular purpose& The aim and use of each d&signated fi]nd is sct out in the noks the accoun Rutritted fwids Restricted ndS comprise dG%ignatcd funds that have been 5c( aside by the donors for rArticular purpos&%. The airn and use of ib¢ rtsvicied fijnds are s& wi in the TIUSe Re[L Governmtnt Grnnts Govemment grdnts arc rccagnised at the fair value olthe (c1ved or receivable when there 15 r¢a50nllble assurdn¢e th th¢ gram condilions will and the8rants will be received. A grant that specifits perfomjance ndItiS is re¢ognis¢d in income when the perforniae condiiions atr mei. Where a grani does notspecify perf0rniancec0nditior. iti5 rccogni5ed in income Wh the proceeds are received orrecEivabl A grant rcceivcd bcforc the recoeniuon critcria are satisfied is reco8nised &5 a Itabiliy. Etllploytes Th¢toial averd8¢ nUrnb of employe¢5 duriDgth¢ r¢rwtingwiod am9ted to412024.. 41 Thrnover Thc incorne and operating surplu5 lor the year wa5 dvivcd thc mpauy's principal adiwty and ari5¢5 sule]y in the Unitrd Kingdom. In£oming r¢50urr¢s from g¢Thcr*trd fun Total 2025 TotAI 21n4 Funds Funds Re5idtnt ContriltiOn 29.943 29,943 27,035
GROUP FOR THE RoOTLs OF WATFORD (G.R(KW.) Notes forrni)kg pArt of the AtCOllDts For the y¢8r ended 30 Sep¢ember202S Ineome from tharttable &cdvitits Unrestritted Fullds Rt5trsctvJ Total 2025 Total 2024 Hou5illg benefit Supportingpeople Urtri¢d donionsYeceived mlIand injst 627,485 627.485 550,605 13211 13.211 8.(h51 64Q695 640.695 55&666 Othtr £neomlnE r¢sourtts Restrltted Fujds Total 2025 Fvnd5 2024 Bank intTe¢¢IVed 2,425 2,42) 4,478 4,478 Expenditure o) tharttable ae¢lvlll¢s UnTe5trKteil Fund5 R¢strict¢d Fund5 To¢al 2025 Totwl FIK)d and hrmjsekeeping Light al heat IttsUT2nte Repaits and main[w¢ Staff costs p¢n&ons Reni and Nes Telephon¢ charg Computerc05Ls Travel and rn0lorcxll5cS Legal and prof¢55ional ftt5 Doubtful debts Irecovere4yprov>si4N) Mai¢land trslepens¢S Depreeiaiion Postag¢. prillting and stati( 14.256 52,769 6.717 41,160 257.607 157.423 4,788 954 1.446 7,023 7,449 14256 52,769 A717 41.160 7.607 157,423 4,788 954 49,018 4.077 48,552 248,?40 138,207 4,210 538 .303 7,402 4.099 1.300 9,406 7.023 7.449 2,614 4,019 1.807 614 4.019 1,807 557.418 2.614 560,032 520.867 Other resourte5 expensed Rtstrfcted Funds Tot Z025 Total 20Z4 Bookkeeping fees AccountaE)cy ftts Bank chg£ Loan interest Oih¢r inltrcst &118 L450 7,361 6,044 36 1961 2,450 l J64 12,022 io-
GROUP FOR THE ROOTLESS OFWATFORD IG.RO.W.) Notes formiDg part of the Atcounts For the year ended 30 5epternber 2025 St¥ff co$ts 2nd 711 Unre5tricttd FUd5 Restricted Fund5 Tothl 2025 Total Wage5 and salvi Pension cosLs Social security costs StatTtraining 244731 1,235 6,030 1,610 248,731 1,23) 6,030 1,610 240,129 1,231 7,040 341 257,607 2S7 607 248 740 The ¢harity hjd no ¢mploy¢e5whos¢ total employee benefits (ex¢ludin8 ¢mploy¢r pension Costs) ¢x¢eeded £60.000 during the r¢porting period {2024.' none). The avcrase Dutnber of emplDy¢e5 duNDg ihe year, calculated Dn the basi5 Df full-lime equivalents, w&s follows: 2025 Number 2024 NuKnbei' AdrninislrdtDTS Support Workers. ProjectWotrs0d Trea(tnetJ( Leade 10 Tax OR surplu5 on ordinary activiti The charity is exempt from tax on income and gains falling within scthion 505 of the TeS Act 1988 or seciion 252 ofthe Taxation Df Chargeable Gains Act 1992 to the extent that these are applied ¢0 IL5 ¢harriiable DbjECts. Trustees None ofihe iNstees (orarty persons conrtected with them) received any r¢rnun¢rdtion during theyear or any expenses. The have becn no related peity transactions in iheyear. 12 T¥tngible Assets Fr¢¢hold Frtrhold Property Improvements Leasehold Improvements Fittings and Equlpment Total Cosl At l October 2024 Additions ij) the year A130 September2025 290,290 7.540 79,2 70,375 13.293 447.207 290 290 460 501 DepTeciaiion Al l October 2024 Charge for the year Al 30 Sepiember2025 79.002 65.9)5 3,086 69,041 144,957 3,085 79.002 Net book value AI 30 S¢p*mber 2025 Ai JO September2024 29 29 7.54 302,250
GROUP FOR THE ROOTLESS OF WATFORD (G.ILO.W.) Notes forming part of the Accounts For the yellr endEd 30 Seplemblr 21ll5 13 D¢btur5 202S 2024 Pr¢paiTh#n At¢Tual tneome R¢ni d¢posii Advanc¢s Oihttdebtors Traded¢btot5 1.433 1.359 20.500 20.500 7.231 l.D73 27.846 24689 50,622 58.009 14 CT¢ditOT5: A[bUnt5 filliNgdu¢ivilbiN on¢y¢¥r 2025 2024 Ti-dde Crcdrlors Ballk loan instalm¢nts15ccurd) Oth¢ri&N and s(xial securilv Ac¢nI$ and dvfeTred inC0e 4.452 9,470 3219 19.100 7,450 6.126 16,728 4,645 1,750 16 OthercrediloTS 44.179 29.249 Credltors- f*ll1&dt lfttrmott tbx on¢y¢ar 2025 2024 Bank insthlmenrs Iseojruil l6 10.732 Bank L0211 StLwed loanTepayableby tnonthl> inSthimenendingMor¢h 202 225 2024 Amouiit lalline due williin thje year Amottni fallingdu¢ aft¢rmorEIIwi oncy¢ 9.470 16.728 10.732 9.47D 27.460 Th¢bank loan i5secur¢il by way ofa charEeover freehold land ahd prernis¢s w 30Prin¢¢s AvcnUe.Wats[d.H¢rtfQrdShJrL WD187R& 12-
GROUP FOR THE ROOTLESS OF WATFORD IG.ILO.W.) Notcs formlng part of tht Accounts For the ytir ended 30 September202S 17 Financlal Cowmitin¢ntN Ai 30 Sepicnil7¢r 2025 111¢ compans, had antjual Loininilincnts uiidcr iiuJi.&ccl]b1t Dpef21ing le&%e% as follo. frnp¢rty 2025 2024 Fxpiry dote- Within ones'e B¢tw%n anJ fiv¢ y¢urs 41.0 28,910 4L.000 69.910 69.910 18 RfSeryC5 loyem¢nt ITr the ye8r BalaDttAt3D Sepietnber 202S l October 2024 Unre51ricled fvnds Reslri¢led funds 471.394 9,812 103,623 {1614) 575,018 7.598 481,206 ioi,oio 582.216 Dcstgnaled lSaMOUn1 10 £50.000 i$at30 5¢1)¢ETDb¢r 2025 1?024.. £50.TrJD). Unres(ricted funds w¢rL £i?5.018 12024.. £421,394). 19 Called Up Sh4rc Capi¢al The compan), hns no sliii rc Capital aJ]d 15 lijnitcd by guar8ntec. UndLr tlit proi'isions of the ¢oinpatJy's Mcmorandum or Assouiation. th meiknher ivould l)e T¢quired to ¢oniribui¢ a sum n()t exceeding £1 fvr th¢ payin¢Trt of Ihe debis of ili¢ ¥onip4iiy in th¥ ev¢nt ol'dcficicncy olasscls on a ii'inding up oft112 LQTnpany. 20 Ctrntrol Th¢ chaTlti hpsbeen coiilrolled tlvoughoui tlieyear by ihe ItU51c¢ 13-
GROUP FOR THE RO(yfLKSS OF WATFORD (G.TLO.W.) Detalled fncome and Expenditure Account For theyear ended 3DSeptember 2025 2025 2024 IntomiR Ruoure Intomltt£ resourtts from Etnér&ted Residcnl contribution Imcoming ruoureufrorn oharit•ble attlvitlt Housing b¢n¥fi¢ Supportiiig pwplc Gran15 & donatior rccei%rd Maill#nd 627,485 550,605 13211 8,061 Othgr In¢omiDg ruoDtc Int¢r¢sl received Total Ineomlng Resouretj 14?5 4.478 RtJovrrc¥ Exp¢DdL Chrltoble Aetlvttl Wag¢¥ and sul•ri¢s Socithl sccurily fAX Pension Sioff Irainin Adv¢rti%in8 R¢nl ondTOS Insuron¢¢ LIBhi and h¢a¢ RepaiTsand mainteMe Posiu8c, prlniitt8 and wion T¥l¢phvnv Cowpui¥f costs Tr8v¢llingw¢s Le841 professlonal ¢osts Doubiful debi provision Food and housekeeping co$ Sundry txpcndilurc Muiiland Irusi penS%5 Entertainment Subscripiiorts Depre¢ittioR of r]xlure4 fitliiy. and equi 248.731 6.030 1.235 1,610 240,129 7.040 341 157.4?3 6.717 32.769 41.16U 1.807 4,788 954 1.446 7.023 7.449 14,256 138,207 4.076 49.018 4&552 4.210 538 1303 7.40? 4,098 1614 1.3 933 3,085 560.032 595 8.811 OthEt r¢50urrH ¢xp¢od¢ Bookkeeplrtg ftes Accoiinlancy fces Bank C.h8r8es Mongagc intercst 8,118 ?,450 89 7.361 6,044 36 2.962 16,403 TotAI RuollreesExptttdcd 571053 537.270 Surplus for the year This pa8e d(es rM)t f(m partofthe st10ry ac¢wttts 14-