**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: 

- Select suitable accounting policies and apply them consistently; 

- Observe the methods and principles in the Charities SORP (FRS 102); 

- Make judgements and estimates that are reasonable and prudent; 

- State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; 

- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

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: 

- Reduce homelessness; 

- Enhance overall wellbeing of our community; 

- Equip residents with the skills and confidence needed for independent living; 

- Provide holistic, trauma-informed support in a Psychologically Informed Environment. 

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: 

- ✓ We accommodated and supported **127 residents (** 57 female, 70 male **)** , with **19% successfully moving on into independent living.** 

- ✓ Our average occupancy rate was **97%** , equating to **9,921 sleeps.** 

- ✓ We provided a total of **29,740 meals** , ensuring residents had access to regular, nutritious food. 

- ✓ We facilitated **countless instances of signposting and onsite engagement** with partner agencies, enabling clients to access **rehabilitation, physical and mental healthcare** , and other essential services. 

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. 

Page 2 



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. 

Page 3 



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:_ 

- Homelessness 

- Drug overdoses and substance misuse 

- Anti-social behaviour, reoffending, and arrests 

- Use of emergency services and A&E 

- Mental illness, self-harm, and exploitation 

- Children removed at birth or entering care 

- Court cases and prison sentences 

- Domestic violence and sex working 

- NHS bills and taxpayer burden 

## _What we see more of:_ 

- Independent living and tenancy sustainment 

- Confidence, self-worth, and employability 

- Access to education, training, and life skills 

- Engagement with services and healthcare 

- Safer communities and reduced crime 

- Harm reduction and improved wellbeing 

- Family reconnection and positive social networks 

- Financial stability and debt management 

- Respect, dignity, and hope 

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. 

Page 4 



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: 

- Tailored plans, created with each resident to identify goals, gentle challenges, and progress; 

- Practical help with housing applications, benefits, budgeting, ID, and essential life skills; 

- Emotional and mental health support, including access to in-house conversations and external counselling; 

- Onsite engagement with partner agencies, bringing medical, substance misuse, probation, and specialist services directly to residents; 

- Ongoing encouragement and connection, helping residents build confidence, reconnect with loved ones, and move forward with purpose. 

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. 

Page 5 



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. 

Page 6 



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. 

- A key priority for the charity is to participate in the forthcoming commissioning process with Stockton Borough Council, with the intention of securing a new Housing Related Support contract for the period April 2027 to March 2030, supporting continuity of service delivery and financial stability. 

- The charity will continue to prioritise the diversification of its funding base to reduce reliance on a single income stream. This will include exploring a range of funding opportunities, including grants, partnerships, and potential new service developments, to strengthen financial resilience and support long-term sustainability. 

- Ongoing consideration will be given to the potential exploration of Registered Housing Provider (RHP) status. The charity continues to assess this as a longer-term strategic option, recognising the potential benefits in terms of access to additional funding, strengthened compliance, and increased security for residents. Work to understand the requirements of registration, and the implications for governance, finance, and service delivery, remains under review. 

- The charity is monitoring the forthcoming National Supported Accommodation guidance from the UK Government, expected to be published during 2026. This is anticipated to inform future standards and regulatory expectations within the sector, and the charity will assess any implications for its governance, compliance, and service delivery. 

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 Chief Executive Officer is responsible for the strategic direction, financial oversight, funding, governance compliance, and the overall delivery of contracted outcomes. 

- The Service Manager oversees the quality of support provision, resident outcomes, partnership working, and safeguarding, while also managing the support team. 

- The Operations Manager leads on health and safety, facilities, housekeeping, meal provision, maintenance, and overall operational delivery. 

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: 

- A welcome pack with key governance documents including the Memorandum and Articles of Association, annual accounts, and housing-related support contract; 

- Copies of The Essential Trustee and Good Governance: A Code for the Voluntary and Community Sector; 

- A review of the Trustee Role Description, policies on Conflict of Interest, Expenses, and relevant safeguarding protocols; 

- Registration with Companies House, the Charity Commission, and the charity’s bank. 

Page 9 



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. 

Page 10 



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

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

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

Page 18 



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



continued… 

Page 19 



## Stockton Churches Mission to the Single Homeless Limited 

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

|**6.**<br>**CHARITABLE ACTIVITIES COSTS**<br>Hostel<br>**7.**<br>**GRANTS PAYABLE**<br>Hostel<br>**8.**<br>**NET INCOME/(EXPENDITURE)**<br>Net income/(expenditure) is stated after charging/(crediting):<br>Depreciation - owned assets|Governance<br>Direct<br>costs<br>£<br>£<br>952,609<br>9,362<br>31.3.26<br>£<br>-<br>31.3.26<br>£<br>26,175|Totals<br>£<br>961,971|
|---|---|---|
|||31.3.25<br>£<br>-<br>31.3.25<br>£<br>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<br>Social security costs<br>Other pension costs<br>The average monthly number of employees during the year was as follows:<br>Chief executive office<br>Direct charitable work<br>1 employee received emoluments in excess of £60,000 (2025: 1)<br>**11.**<br>**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**<br>Unrestricted<br>funds<br>£<br>**INCOME AND ENDOWMENTS FROM**<br>Donations and legacies<br>4,152<br>**Charitable activities**<br>Hostel<br>893,083<br>Other trading activities<br>99<br>Investment income<br>795<br>**Total**<br>898,129<br>**EXPENDITURE ON**<br>**Charitable activities**<br>Hostel<br>(851,693)<br>**NET INCOME/(EXPENDITURE)**<br>46,436<br>**RECONCILIATION OF FUNDS**<br>**Total funds brought forward**<br>748,481<br>**Transfer between funds**<br>140,818<br>**TOTAL FUNDS CARRIED FORWARD**<br>935,735|31.3.26<br>£<br>628,242<br>66,331<br>19,644<br>714,217<br>31.3.26<br>1<br>22<br>23<br>Restricted<br>funds<br>£<br>-<br>-<br>-<br>81<br>81<br>(-)<br>81<br>146,301<br>(140,818)<br>5,564|31.3.25<br>£<br>574,506<br>49,176<br>21,015<br>644,697<br>31.3.25<br>1<br>24<br>25<br>Total<br>funds<br>£<br>4,152<br>893,083<br>99<br>876<br>898,210<br>(851,693)<br>46,517<br>894,782<br>-<br>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<br>property<br>£<br>**COST**<br>At 1 April 2025<br>881,332<br>Additions<br>-<br>Disposals<br>-<br>At 31 March 2026<br>881,332<br>**DEPRECIATION**<br>At 1 April 2025<br>290,361<br>Charge for year<br>17,627<br>Eliminated on disposal<br>-<br>At 31 March 2026<br>307,988<br>**NET BOOK VALUE**<br>At 31 March 2026<br>573,344<br>At 31 March 2025<br>590,971<br>**13.**<br>**STOCKS**<br>Stocks<br>**14.**<br>**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**<br>Other debtors<br>Prepayments<br>Accrued income|Fixtures<br>and<br>fittings<br>£<br>98,300<br>-<br>-<br>98,300<br>27,790<br>3,151<br>-<br>30,941<br>67,359<br>70,510|Motor<br>vehicles<br>Totals<br>£<br>£<br>30,925<br>1,010,557<br>-<br>-<br>-<br>-<br>30,925<br>1,010,557<br>9,140<br>327,291<br>5,397<br>26,175<br>-<br>-<br>14,537<br>353,466<br>16,388<br>657,091<br>21,785<br>683,266<br>31.3.26<br>31.3.25<br>£<br>£<br>-<br>500<br>31.3.26<br>31.3.25<br>£<br>£<br>-<br>-<br>11,182<br>6,506<br>18,233<br>-<br>29,415<br>6,506|Motor<br>vehicles<br>Totals<br>£<br>£<br>30,925<br>1,010,557<br>-<br>-<br>-<br>-<br>30,925<br>1,010,557<br>9,140<br>327,291<br>5,397<br>26,175<br>-<br>-<br>14,537<br>353,466<br>16,388<br>657,091<br>21,785<br>683,266<br>31.3.26<br>31.3.25<br>£<br>£<br>-<br>500<br>31.3.26<br>31.3.25<br>£<br>£<br>-<br>-<br>11,182<br>6,506<br>18,233<br>-<br>29,415<br>6,506|Motor<br>vehicles<br>Totals<br>£<br>£<br>30,925<br>1,010,557<br>-<br>-<br>-<br>-<br>30,925<br>1,010,557<br>9,140<br>327,291<br>5,397<br>26,175<br>-<br>-<br>14,537<br>353,466<br>16,388<br>657,091<br>21,785<br>683,266<br>31.3.26<br>31.3.25<br>£<br>£<br>-<br>500<br>31.3.26<br>31.3.25<br>£<br>£<br>-<br>-<br>11,182<br>6,506<br>18,233<br>-<br>29,415<br>6,506|
|---|---|---|---|---|
||||327,291<br>26,175<br>-||
||||353,466||
||||657,091||
||||683,266||
||||31.3.25<br>£<br>500<br>31.3.25<br>£<br>-<br>6,506<br>-<br>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: 

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