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2026-03-31-accounts

REGISTERED COMPANY NUMBER: 01389730 (England and Wales) REGISTERED CHARITY NUMBER: 509812

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Stockton Churches Mission to the Single Homeless Limited

J P Walters & Co Chartered Accountants 67 Duke Street Darlington Co Durham DL3 7SD

Stockton Churches Mission to the Single Homeless Limited

Contents of the Financial Statements for the Year Ended 31 March 2026

Page
Report of the Trustees
Statement of Trustees’ Responsibilities 1
Objectives and Activities 1
Achievements and Performance 2
Financial Review 6
Future Plans 8
Structure, Governance and Management 9 to 10
Reference and Administrative Details 11
Independent Examiner's Report 12
Statement of Financial Activities 13
Balance Sheet 14 to 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 24
Detailed Statement of Financial Activities 2 5 to 26

Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2026

STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the special provisions of Part 15 of the Companies Act 2006 relating to small companies, and with the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period.

In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The primary objective of Stockton Churches Mission to the Single Homeless Limited is to provide supported accommodation for single homeless individuals in Stockton-on-Tees. The charity aims to offer a safe and supportive environment with 24-hour staffing, empowering residents to rebuild their lives.

Our core aims are to:

We continue to explore additional resources and partnerships that support residents in achieving their personal goals and improving their quality of life.

Page 1

Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2026

ACHIEVEMENT AND PERFORMANCE

Highlights of the Year

1. Outcomes

Our support isn’t just about beds, it’s about building futures. In the year ended 31 March 2026:

These numbers reflect the consistency, breadth, and daily impact of our work, grounded in meaningful relationships, practical help, coordinated network of professional support and safe, stable accommodation.

2. Investment in Staff Wellbeing

A key achievement during the year has been the continued investment in staff wellbeing, embedding a structured and compassionate approach to supporting the mental, physical, and emotional health of our team. Through the delivery of our Health and Wellbeing Policy, we have strengthened a culture where staff feel supported, valued, and able to sustain the demands of working with complex and vulnerable individuals. From regular supervision and access to psychotherapy, to crisis support and flexible working responses, the policy underpins our culture of welfare and plays a key role in staff retention, morale, and performance.

The impact of this approach is reflected in workforce stability, with 10 out of 22 staff having over 10 years’ service, and a combined 175 years of experience within the team. This level of retention illustrates our investment in people and is considered integral to the quality and consistency of service delivery.

3. Professional Development at All Levels

Continuous Professional Development remained a priority, with staff accessing both in-person and online training throughout the year. One member of our senior leadership team continued their Masters’ degree in Psychotherapy, reflecting our commitment to therapeutic leadership.

In addition, team members continue to study in the field of their practise, enhancing our ability to support clients as effectively as possible. We continue our relationship with Middlesbrough College and support staff to complete apprenticeships whenever possible.

This culture of learning and growth supports high-quality service delivery, promotes innovation, and ensures we remain responsive to the evolving needs of our residents.

4. Investors in People Accreditation Retained

We successfully retained our Investors in People accreditation in July 2025, demonstrating our ongoing commitment to quality and a values-driven culture. We have proudly held this accreditation since 2013, marking over a decade of investment in our people, strong leadership, and a supportive working environment.

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees

for the Year Ended 31 March 2025

5. Contract Secured Until 2027

Our Housing Related Support contract with Stockton Borough Council (SBC) has now been extended to 31 March 2027. This current contract has provided important stability since October 2021, and now short-term financial stability.

In early 2026, SBC undertook market engagement activity in preparation for the recommissioning of Housing Related Support services from April 2027. It is anticipated that the charity will be required to submit a tender during the next financial year in order to secure future contract awards.

Alongside this, the charity will seek to diversify its funding base in order to reduce reliance on a single contract and strengthen long-term financial sustainability. This will include exploring a range of funding opportunities to support both existing services and planned developments.

6. Evaluation and Research Partnership with Teesside University

The charity has established an evaluation partnership with Teesside University to support the ethical design and delivery of research within its services. This partnership will enable the collection of robust evidence to inform service development and contribute to wider understanding of effective approaches in supporting individuals experiencing homelessness. The charity intends that learning from this work will help inform future policy and commissioning discussions.

7. Stockton & Darlington Railway 200th Anniversary

On 27th September 2025, the charity successfully marked the 200th anniversary of the first passenger journey on the Stockton and Darlington Railway opening, a moment of global significance that began at the site now occupied by Bridge House.

With funding from the Queen’s Institute of Community Nursing Innovation Programme, and in collaboration with our local nursing team, we worked alongside clients to design, landscape, and create a railway-themed garden on site. A programme of activities was also delivered to recognise this important heritage. These initiatives provided opportunities to engage the local community, celebrate the area’s history, and reinforce the charity’s ethos of personal and collective transformation.

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2026

Outputs - Impact on Society

SCMSH doesn’t just provide supported housing - it creates change that ripples far beyond the front door. By helping people rebuild their lives after homelessness, we improve the health, safety, and wellbeing of the wider community.

Our work reduces strain on local services, lowers public costs, and contributes to a safer, more connected society. At the same time, we provide employment opportunities for local people and strengthen partnerships with health, justice, education, and housing systems.

Our impact in action:

What we see less of:

What we see more of:

At the heart of our impact is a whole-systems approach - working in partnership to offer holistic, trauma-informed support. When we make changes, we do so collaboratively, drawing on feedback from staff, stakeholders, commissioners, and the people who use our service. Every step is informed by evidence, aligned with best practice, and shaped to meet real needs.

This approach leads to earlier interventions, stronger outcomes, and more cost-effective solutions, not just for our clients, but for the wider community and public services too. This not only strengthens individual lives, it creates a positive social return on investment by reducing reliance on crisis services and supporting people to become active, contributing members of their communities.

Grant Making

The ‘Moving On’ bursary fund, established in 2008, is designed to support residents transitioning into independent living. The fund was originally donated by The Rotary Club, from Peter Hadfield when he was President. While no grants were issued this year, the fund remains available to those who meet the criteria and is reviewed annually to ensure it aligns with current needs.

Volunteers

The charity welcomed no volunteers this year. The charity does not rely on volunteers to carry out its charitable work.

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees

for the Year Ended 31 March 2026

Charitable Activities

We provide supported accommodation, personalised guidance, and 24-hour staff support to single homeless individuals in the Stockton area. Our goal is to help residents stabilise, rebuild, and move toward independent living.

Accommodation

The charity provides 28 beds (2024-2025: 28), available for individuals experiencing homelessness. All staff employed by the charity typically work on site, delivering food, support, and 24-hour assistance to residents.

Our accommodation is based at 48–56 Bridge Road, a site made up of several interconnected buildings that have been carefully redeveloped into one cohesive unit. Some parts of the property are Grade II listed, formerly part of the historic St John’s Crossing railway stop on the Stockton and Darlington Railway. The site is believed to have been a weighing station, and potentially the first place in the world where a passenger railway ticket was sold.

What is known for certain is that on 27th September 1825, the first-ever passenger railway journey began here, a moment of global significance. This legacy gives our setting a unique sense of place, history, and transformation, mirroring the journeys many of our residents make today.

Support

Support at SCMSH goes far beyond providing a bed. Every resident receives personalised guidance from a dedicated team who are available 24 hours a day. We work alongside each person to build trust, stability, and a pathway forward.

This support is commissioned and funded by Stockton Borough Council through a Housing Related Support contract, which we follow closely to ensure high standards, measurable outcomes, and strong value for money. We report monthly on key performance indicators and work in partnership with commissioners to regularly review and strengthen delivery.

Our support includes:

Our approach is person-centred, strengths-based, and rooted in the belief that everyone deserves the opportunity to recover, grow, and thrive.

Internal and External Factors

The trustees have reviewed all relevant internal and external factors and concluded that none were material enough to significantly affect the charity’s financial statements for the year. However, ongoing consideration is given to the wider economic climate, cost of living pressures, and sector-specific challenges, and contingency planning remains in place to manage future risk. Our primary funding, the Housing Related Support contract with Stockton Borough Council, has been confirmed to run until 31[st] March 2027.

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2026

FINANCIAL REVIEW

Principal funding sources

The principal funding sources for the charity continues to be the Local Authority Contract, through Housing Related Support, and the accommodation charges, charged by the hostel, collected by Housing Benefit.

The Housing Related Support funding received during the year was £183,456 (2024-2025: £183,456). In March 2026, Housing Benefit was reviewed, which resulted in the weekly agreed rate increasing from £555.45 (£516.76 eligible, £38.69 ineligible) to £572.08 (£532.51 eligible, £39.57 ineligible). This represents an uplift of 2.9%.

While this increase reflects inflationary pressures, it remains below the published rate of inflation (3% as reported by the Office for National Statistics) and does not fully offset rising costs across all areas of delivery. The revised rate followed detailed financial review and modelling, including consideration of adjustments to minimise the Housing Benefit burden to Stockton Borough Council, alongside increasing operational costs such as staffing, national insurance, insurance premiums, and IT infrastructure.

Accommodation charges, collected via Housing Benefit, naturally fluctuate with occupancy levels. This year, our average occupancy rose to 97.01% (2024-2025: 97.41%), amounting to 9,921 nights of accommodation provided for individuals experiencing homelessness (2024-2025: 9,981). We remain focused on maintaining full occupancy wherever possible to maximise both our impact and income stability.

In-kind donations continued to play a vital role in supporting our residents’ daily needs. We received generous contributions of bedding, towels, toiletries, and food from both individuals and local/national businesses, including, Nando’s, Tesco, Greggs, Aldi, and Lidl, for which we are incredibly grateful.

Investment policy and objectives

Under the Memorandum and Articles of Association, the charity has the power to invest in any way the trustees see fit. The Investing Charities Funds Policy outlines our commitment to ethical, low-risk investment practices aligned with our mission and financial stability. It prioritises the security and liquidity of funds, ensuring reserves remain accessible to meet operational needs. In line with our ethical investment principles, we avoid investments that conflict with our values, such as those in industries that could harm vulnerable individuals or exacerbate homelessness.

In practice, we continue to hold our reserves in interest-bearing tracker deposit accounts. In March 2026, the charity secured an easy access, low-risk savings account with Hampshire Trust Bank offering an interest rate of 3.61%, improving returns while maintaining the required level of liquidity and security. The trustees review the investment approach annually, taking into account changes in interest rates, inflation, operational needs, and broader economic conditions.

Financial Controls and Oversight

The Financial Controls Policy sets out clear procedures for handling cash, debit card use, high-value transactions, and financial reporting. The policy ensures that all financial activity is secure, transparent, and compliant with Charity Commission guidance. Controls include dual authorisation for large payments, weekly reconciliations, and regular oversight by the CEO and Board of Trustees.

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2026

Reserves policy

The trustees are committed to ensuring the long-term financial stability of the charity and the continuity of its services. The Reserves Policy sets out the charity’s approach to managing and monitoring reserves in line with Charity Commission guidance.

The purpose of holding reserves is to safeguard service delivery in the event of short-term income loss or unforeseen financial pressures. The policy sets a target reserve level of at least three months’ operational costs, currently estimated at £231,861 (2024-2025: £222,950). This target is reviewed annually to ensure it remains proportionate and appropriate.

As of 31 March 2026, the charity holds net current assets of £299,978 (2024-2025: £258,033), which is considered healthy and in line with expectations. Reserves will only be used in exceptional circumstances and any decisions regarding their use will be approved by the board of trustees following a full financial review.

Maintaining healthy reserves so soon after completing a major capital project is a significant achievement. The charity fully funded the construction of the new building at a total cost of £441,345.65, which was paid in full by November 2023. Achieving this position while continuing to operate against the backdrop of rising inflation, increased energy costs, and wider economic pressures demonstrates strong financial management and resilience. This outcome reflects careful planning, prudent financial management, and the strategic leadership of the Chief Executive Officer, Louise Lefevre

The reserves position is monitored bi-monthly and forms part of ongoing financial planning and risk management processes.

Page 7

Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2025

Funds in Surplus

At year-end, the charity recorded a surplus of £15,770 (2024-2025: £46,517), bringing total reserves to £957,069 (2024-2025: £941,299). This strong position is particularly noteworthy given that the charity has fully funded extensive renewals to the building this year.

While income rose, so too did expenditure, largely due to the ongoing cost of living and energy crisis, as well as inflationary pressures affecting staffing and operational costs.

Maintaining healthy reserves in the same years as a major two-year infrastructure project is an exceptional achievement, particularly against the backdrop of the energy crisis, rising inflation, and increased operating costs. This outcome reflects careful planning, prudent financial management, and the strategic leadership of the Chief Executive Officer, Louise Lefevre

FUTURE PLANS

The charity intends to continue delivering the services outlined above in the coming years, subject to the continuation of satisfactory funding arrangements. We have secured funding through our Housing Related Support contract with Stockton Borough Council, extended to 31[st] March 2027, offering short-term stability.

Page 8

Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees

for the Year Ended 31 March 2026

The Management Committee remains confident that the charity provides excellent value for money to local and government authorities. With continued prudent financial oversight and a strong leadership team, we are committed to maintaining financial parity and deepening our social impact over the next accounting period and beyond

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and by its Memorandum and Articles of Association and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

This structure ensures that the organisation remains accountable to both the Charity Commission and Companies House, with clearly defined governance, reporting duties, and charitable objectives.

Organisational structure

The charity is overseen by a Management Committee (Board of Trustees), made up of up to 15 members. At present, there are 6 trustees from a range of professional backgrounds relevant to the work of the charity. The Board meets every six weeks, providing strategic oversight, ensuring good governance, and monitoring both financial and operational performance. The charity does not currently appoint a Company Secretary.

A clear scheme of delegation is in place. Day-to-day leadership and decision-making are entrusted to the Chief Executive Officer, supported by the Service Manager and Operations Manager, who together form the Senior Leadership Team (SLT).

The structure is designed to ensure that Bridge House functions as a high-performing, psychologically informed service. Roles and responsibilities are outlined clearly in our Competency Framework, which promotes transparency, accountability, and continual development across the organisation. It also ensures all staff understand how their contribution links to the charity’s wider goals of Support; Grow; Achieve.

Induction and training of new trustees

Trustees are recruited in line with our Trustee Recruitment Policy, which sets out a transparent and values-led process to identify and appoint individuals with the right skills, diversity, and commitment to the charity’s mission.

All new trustees are invited to meet with the CEO, receive a tour of the service, and attend up to three board meetings in an observation capacity. This ensures that both the candidate and the existing board can assess suitability and alignment before appointment.

Once appointed, trustees complete a structured induction led by the Chief Executive Officer, which includes:

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees

for the Year Ended 31 March 2026

The charity actively supports ongoing trustee development, with opportunities to attend relevant training sessions, engage with the wider team, and stay up to date with sector developments. This ensures the board remains, effective, informed, and equipped to provide robust governance in line with Charity Commission expectations.

Wider network

While Stockton Churches Mission to the Single Homeless is not formally part of a wider national network, we work closely with a range of local statutory and voluntary partners. Our approach is rooted in collaboration, and we remain open to future opportunities for partnership and network affiliation where it aligns with our values and strengthens our impact.

Related parties

The charity maintains strong working relationships with a range of local agencies that support individuals with complex needs. These include local authority teams, health and social care services, criminal justice partners, education providers, housing associations, and specialist charities. Our key funder is Stockton Borough Council, who commission support through the Housing Related Support contract and facilitate accommodation charges via the Housing Benefit Scheme.

These partnerships are essential to the delivery and sustainability of our services.

Risk management

The trustees recognise the importance of proactively identifying and managing risks to protect the charity’s operations, reputation, and resources. Our Risk Management Policy sets out a structured approach to risk identification, assessment, mitigation, and monitoring.

Risks are considered across key areas including finance, operations, compliance, reputation, and strategy. The charity maintains a risk register, reviewed quarterly by senior leadership and annually by the board, to ensure that mitigation measures remain appropriate and effective.

Internal control risks are minimised through robust procedures for authorising transactions, safeguarding assets, and complying with legal and regulatory obligations. Health and safety procedures are also regularly reviewed to ensure a safe environment for staff, residents, and visitors.

Our approach to risk management has been thoroughly tested and proven, most notably during the COVID-19 pandemic. The charity continued to operate throughout, adapting quickly, protecting residents and staff, and maintaining service continuity, demonstrating resilience, preparedness, and strong leadership.

A culture of risk awareness is embedded throughout the organisation, with all staff encouraged to report concerns and contribute to ongoing improvement. In the event of a serious incident, the charity’s crisis management plan outlines the roles, responsibilities, and communication strategies to respond effectively.

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Stockton Churches Mission to the Single Homeless Limited

Report of the Trustees for the Year Ended 31 March 2026

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

01389730 (England and Wales)

Registered Charity number

509812

Registered office

Stockton on Tees Cleveland TS18 3AX

Trustees

I Ramshaw (Chairman) S P Savage (Vice Chairman) C Scott K Wood A Smith J Cunningham

Independent Examiner

J P Walters & Co Chartered Accountants 67 Duke Street Darlington Co Durham DL3 7SD

Chief Executive Officer

Mrs L Lefevre

Approved by order of the board of trustees on ……………. and signed on its behalf by:

S P Savage - Trustee

Page 11

Independent Examiner's Report to the Trustees of Stockton Churches Mission to the Single Homeless Limited

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF STOCKTON CHURCHES MISSION TO THE SINGLE HOMELESS LIMITED ('THE COMPANY')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

J P Walters FCA J P Walters & Co Chartered Accountants 67 Duke Street Darlington Co. Durham DL3 7SD

……………………..

The notes form part of these financial statements

Page 12

Stockton Churches Mission to the Single Homeless Limited

Statement of Financial Activities for the Year Ended 31 March 2026

31.3.26 31.3.25
Unrestricted Restricted Total Total
funds funds funds funds
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies 2 2,389 - 2,389 4,152
Charitable activities 5
Hostel 974,356 - 974,356 893,083
Other trading activities 3 - - - 99
Investment income 4 929 67 996 876
Total 977,674 67 977,741 898,210
EXPENDITURE ON
Charitable activities 6
Hostel (961,971) (-) (961,971) (851,693)
NET INCOME 15,703 67 15,770 46,517
RECONCILIATION OF FUNDS
Total funds brought forward 935,735 5,564 941,299 894,782
Transfer between fund - - - -
TOTAL FUNDS CARRIED FORWARD 951,438 5,631 957,069 941,299

The notes form part of these financial statements

Page 13

Stockton Churches Mission to the Single Homeless Limited

Balance Sheet

31 March 2026

Unrestricted
Restricted
funds
funds
Notes
£
£
FIXED ASSETS
Tangible assets
12
657,091
-
CURRENT ASSETS
Stocks
13
-
-
Debtors
14
29,415
-
Cash at bank and in hand
284,147
5,631
313,562
5,631
CREDITORS
Amounts falling due within one year
15
(19,215)
-
NET CURRENT ASSETS
294,347
5,631
TOTAL ASSETS LESS CURRENT LIABILITIES
951,438
5,631
NET ASSETS
951,438
5,631
FUNDS
16
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.3.26
Total
funds
£
657,091
-
29,415
289,778
319,193
(19,215)
299,978
957,069
957,069
951,438
5,631
957,069		 31.3.25
Total
funds
£
683,266
500
6,506
253,920
260,926
(2,893)
258,033
941,299
941,299
935,735
5,564
941,299

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

continued...

Page 14

Stockton Churches Mission to the Single Homeless Limited

Balance Sheet - continued

31 March 2026

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on ………….. and were signed on its behalf by:

S P Savage - Trustee

Page 15

Stockton Churches Mission to the Single Homeless Limited

Cash Flow Statement for the Year Ended 31 March 2026

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period		 31.3.26
£
35,362
(500)
34,862
(-)
996
996
35,858
253,920
289,778		 31.3.25
£
66,866
(587)
66,279
(21,785)
876
(20,909)
(45,370)
208,550
253,920

The notes form part of these financial statements

Page 16

Stockton Churches Mission to the Single Homeless Limited

Notes to the Cash Flow Statement

for the Year Ended 31 March 2026

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
31.3.26 31.3.25
£ £
Net (expenditure)/income for the reporting period (as per the
Statement of Financial Activities) 15,770 46,517
Adjustments for:
Depreciation charges 26,175 20,778
Interest received (996) (876)
Interest paid 500 587
(Increase) in debtors (22,909) (500)
Increase in creditors 16,322 360
Decrease in stock 500 -
Net cash provided by operations 35,362 66,866

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1.4.25 Cash flow At 31.3.26
£ £ £
Net cash
Cash at bank and in hand 253,920 35,858 289,778
Total 253,920 35,858 253,920

Page 17

Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements for the Year Ended 31 March 2026

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Fixtures and fittings - 33% on cost Motor vehicles - 25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

continued…

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Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2026

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.
DONATIONS AND LEGACIES
Donations
3.
OTHER TRADING ACTIVITIES
Miscellaneous income
4.
INVESTMENT INCOME
Deposit account interest
5.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Accommodation charges
Hostel
Grants
Hostel
Emergency crash pad
Hostel
Grants received, included in the above, are as follows:
Housing Related Support Contract
Change Grow Live Grant		 31.3.26
£
2,389
31.3.26
£
-
31.3.26
£
996
31.3.26
£
789,100
183,456
1,800
974,356
31.3.26
£
183,456
-
183,456		 31.3.25
£
4,152
31.3.25
£
2,510
31.3.25
£
876
31.3.25
£
707,216
183,911
1,956
893,083
31.3.25
£
183,456
455
183,911

continued…

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Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2026

6.
CHARITABLE ACTIVITIES COSTS
Hostel
7.
GRANTS PAYABLE
Hostel
8.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 Governance
Direct
costs
£
£
952,609
9,362
31.3.26
£
-
31.3.26
£
26,175		 Totals
£
961,971
31.3.25
£
-
31.3.25
£
20,778

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.

continued…

Page 20

Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2026

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs
The average monthly number of employees during the year was as follows:
Chief executive office
Direct charitable work
1 employee received emoluments in excess of £60,000 (2025: 1)
11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
4,152
Charitable activities
Hostel
893,083
Other trading activities
99
Investment income
795
Total
898,129
EXPENDITURE ON
Charitable activities
Hostel
(851,693)
NET INCOME/(EXPENDITURE)
46,436
RECONCILIATION OF FUNDS
Total funds brought forward
748,481
Transfer between funds
140,818
TOTAL FUNDS CARRIED FORWARD
935,735		 31.3.26
£
628,242
66,331
19,644
714,217
31.3.26
1
22
23
Restricted
funds
£
-
-
-
81
81
(-)
81
146,301
(140,818)
5,564		 31.3.25
£
574,506
49,176
21,015
644,697
31.3.25
1
24
25
Total
funds
£
4,152
893,083
99
876
898,210
(851,693)
46,517
894,782
-
941,299

continued…

Page 21

Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements - continued

for the Year Ended 31 March 2026

12. TANGIBLE FIXED ASSETS

Freehold
property
£
COST
At 1 April 2025
881,332
Additions
-
Disposals
-
At 31 March 2026
881,332
DEPRECIATION
At 1 April 2025
290,361
Charge for year
17,627
Eliminated on disposal
-
At 31 March 2026
307,988
NET BOOK VALUE
At 31 March 2026
573,344
At 31 March 2025
590,971
13.
STOCKS
Stocks
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors
Prepayments
Accrued income		 Fixtures
and
fittings
£
98,300
-
-
98,300
27,790
3,151
-
30,941
67,359
70,510		 Motor
vehicles
Totals
£
£
30,925
1,010,557
-
-
-
-
30,925
1,010,557
9,140
327,291
5,397
26,175
-
-
14,537
353,466
16,388
657,091
21,785
683,266
31.3.26
31.3.25
£
£
-
500
31.3.26
31.3.25
£
£
-
-
11,182
6,506
18,233
-
29,415
6,506		 Motor
vehicles
Totals
£
£
30,925
1,010,557
-
-
-
-
30,925
1,010,557
9,140
327,291
5,397
26,175
-
-
14,537
353,466
16,388
657,091
21,785
683,266
31.3.26
31.3.25
£
£
-
500
31.3.26
31.3.25
£
£
-
-
11,182
6,506
18,233
-
29,415
6,506		 Motor
vehicles
Totals
£
£
30,925
1,010,557
-
-
-
-
30,925
1,010,557
9,140
327,291
5,397
26,175
-
-
14,537
353,466
16,388
657,091
21,785
683,266
31.3.26
31.3.25
£
£
-
500
31.3.26
31.3.25
£
£
-
-
11,182
6,506
18,233
-
29,415
6,506
327,291
26,175
-
353,466
657,091
683,266
31.3.25
£
500
31.3.25
£
-
6,506
-
6,506
6,506

continued…

Page 22

Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2026

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net Transfers
At 1.4.24 movement in between At 31.3.25
funds funds
£ £ £ £
Unrestricted funds
Accumulated funds 573,481 46,436 140,818 760,735
Contingency fund 175,000 - - 175,000
748,481 46,436 140,818 935,735
Restricted funds
Capital fund 144,798 - (144,798) -
Moving on bursary fund 1,503 81 3,980 5,564
146,301 81 (140,818) 5,564
TOTAL FUNDS 894,782 46,517 - 936,299

Comparative net movement in funds, included in the above are as follows:


Unrestricted funds
Accumulated funds
Restricted funds
Capital fund
TOTAL FUNDS		 Incoming
Resources
Movement
resources
expended
in funds
£
£
£
898,129
(851,693)
46,436
81
-
81
898,210
(851,693)
46,517

Page 23

Stockton Churches Mission to the Single Homeless Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2026

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Net Transfers
At 1.4.24 movement in between At 31.3.26
funds funds
£ £ £ £
Unrestricted funds
Accumulated funds 573,481 62,139 75,818 716,997
Contingency fund 175,000 - 65,000 240,000
748,481 62,139 140,818 951,438
Restricted funds
Capital fund 144,798 - (144,798) -
Moving on bursary fund 1,503 148 3,980 5,631
146,301 148 (140,818) 5,631
TOTAL FUNDS 894,782 62,287 - 957,069

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
Accumulated funds 1,875,803 (1,813,664) 62,139
Restricted funds
Moving on bursary fund 148 - 148
TOTAL FUNDS 1,875,951 (1,813,664) 62,287

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2026.

Page 24

Stockton Churches Mission to the Single Homeless Limited

Detailed Statement of Financial Activities
for the Year Ended 31 March 2026
31.3.26 31.3.25
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 2,389 4,152
Other trading activities
Miscellaneous income - 99
Investment income
Deposit account interest 996 876
Charitable activities
Accommodation charges 789,100 707,216
Grants 183,456 183,911
Emergency crash pad 1,800 1,956
974,356 893,083
Total incoming resources 977,741 898,210
EXPENDITURE
Charitable activities
Wages and salaries 628,242 574,506
Social security 66,331 49,176
Employer pension contribution 19,644 21,015
Rates, water and refuse 12,217 11,385
Insurance 26,175 24,229
Light and heat 24,122 21,125
Training and group supervision 14,438 12,181
Health and safety costs and uniform costs 8,155 5,506
Property upkeep & maintenance 45,792 10,545
Catering supplies 12,823 15,898
Motor and travelling expenses 4,243 6,609
Ancilliary equipment 7,213 20,426
Cleaning expenses 5,118 4,878
Welfare 832 1,597
Service users bad debts 9,338 9,404
Housing benefit bad debts 1,781 1,095
Licences and subscriptions 3,954 1,844
Media and marketing 988 997
Womens project - -
Carried forward 891,406 792,416

This page does not form part of the statutory financial statements

Page 25

Stockton Churches Mission to the Single Homeless Limited

Detailed Statement of Financial Activities for the Year Ended 31 March 2026

Detailed Statement of Financial Activities
for the Year Ended 31 March 2026
31.3.26 31.3.25
£ £
Charitable activities
Brought forward 891,406 792,416
Reward and recognition 3,880 5,579
Recruitment 931 1,176
Telephone and internet 4,592 3,848
Computer costs 17,374 20,045
Postage and stationery 1,447 1,375
Legal insurance 6,304 6,304
Depreciation of freehold property 17,627 17,626
Depreciation of fixtures and fittings 3,151 3,152
Depreciation of motor vehicles 5,397 -
Profit on sale of assets - (5,000)
Bank charges 500 587
952,609 847,108
Support costs
Governance costs
Accountancy fees 4,693 4,585
Legal and professional fees 4,669 -
9,362 4,585
Total resources expended 961,971 851,693
Net /income 15,770 46,517

This page does not form part of the statutory financial statements

Page 26