Ch•rfty rqlstrallon nun*•r702210
Complry r•tytr•tlon number 02422UO (Erf•nd and W•l•J)
AcfioN HOMELESS ILEICEsfER) LTD
ANNUAL REPORT AND FINANCIAL sfATEMEMrs
FOR THE YEAR ENDED 31 MARCH 2024

ACTION HOMELESS (LEICESTER) LTD
LEGAL AND ADMINISTRATIVE INFORMATION
Thiite•s
C Hurst rrreawr•rl
D Ireland
M Pankhurst
A Peaspod
J Elsey
A P•tel
P Panrwr
S Blllln8ton (Chalr)
C Long￿nd
(AppDlnt•d 30 No¥ember 2023)
(fvwolnted 30 November 10231
S•¢r•tsry
R MI￿1$1eY
Charlty Nmb•r
702230
Conwany nurnb•r
02422130
Prlndp•l addr•sS
Rld8eway House
Llttle Hlll
Newton Lane
ton
LE￿ 35E
IWl•ternd offl
Rld8eway House
Llttle Hlll
Newton Lane
Wl8Ston
LE18 3SE
Awlltor
Thomis Moyfleld BA FCA
Mayfteld & Co
2 Ments Court
Merfdlan Buslness Parf(
Leicester
LE19 IPJ
Bank•
HSBC
Sollcllryl
Howes Perclydl LLP
3 Tho Osiers Busln•ss Centre
Lelce*r
LE19 IDX

AcnoN HOMELESS (LEICEsfER) LTD
CONTENf5
TnBtees report
ststement of trustees responslbllltles
Independent audltoV5 r•port
9.11
St*ement of financlil actfvrtles
12-13
Balance sheet
14-15
Statement of cash flow5
16
Notss to the flmndal ststements
17-32

ACTION HOMELESS {LEICEsfER) LTD
TRUSTEES REPORT (INCLUDING DIRECTORS, REpoKr)
FOR 7HE YEAR ENDED 31 MARCH 2024
The trust••5 presefft thelr annual report and fin•nclil stat•mnts forthe prended 31 March 2024.
The accounts ha￿ been prepared In accord•nc• wTth the accountlng polkles set out In note I to the •ccounts and camply
wlth the ch•rltsbl• compaThl$ 8overnln8 document the Comppnle8 Act 2006 and "Accountlni and Reportlni ￿ Ch•rltl•s:
Strtement of RecDmm?nded Practlce appllcable to charltles preparTn8 thelr accounts In accerdano wfth the FIDonclal
Reportlng Standard applicable In the UK ind R•puWlc of Ireland IFRS 102)" (as amended for accountln8 perfods commencl
from ljanuary 2016)
Objaclkn and artl¥ltles
Actlon Homeless has r•ferred to the Charfty Commlsslon's 8uldance on publlc benefft when revlevAng tts alm5 and obJ&tlve5
and In plannin8 Fts actlvltlu. In partlcular, the Board of Trustees has conslder•d how the charfVs actl¥ltles have and
wlll cantlnue to dellver the aims and obJectlve& thry have seL The vlslon. rdlues and obJecU¥qs of ktlon Hom•l8ss as a8reed
the BoArd of Trust••s are as follows.
Vblon
Actlon Homele￿ Vlslan Isto ensure that no one has to sleep on the streets of Lelcestershlre.
O¥ectk
We will de￿loP seNlces to break the •tle of chronic homelessne55 by ￿￿rk1Th8 toyther wlth our statutory and wlurtary
partner6 to IrrfDrnI Influence and ad4r>rat• to help othersto understand the reallues OF homel￿Sn•ss. It ￿11 dothts trf,
. pr￿ldIn8 accwlble and Inclusiv• accommod*ion thtt offer5 dl£nlty• prl¥aLyand safety.
Pr￿ldIn8 Immedlats. fi￿Ible and practkal wpport whlch relleves feemnqs of fear and vulnerabiifty and meets the
Indmdual's neods.
. G[vI￿ hl£h q￿lIty •nd personallsed support throu8h responsT¥• s0Th1￿ whlch resobR barrfers and help people to navlpt•
pjthways and mana80 transltlo
• Callln8 for further research to ftll ppg In e41den￿ on the ¢ause5 of homelessness whllgt challengln8 Systerrs h*hllihUni
rrl•rs and ad¥ctstI￿ lorsolu¢bns.
. ChampIonl￿ If¥ed experfence and elev4tin8the ￿rIc•S of people affected ty homele55ne55 and relatad thern49.
• C•lllni out preJudlc4 ¢hallen8ln8 Stl8ma. mlsconceptlons and ste￿OtyPIng
• EnKagln8 wldely. seekln8 Out p3Mer5hlp5 which wlll delI￿rI better for eradlcatini howole55nes
Ever￿ne ha5 th• rl8ht to Ifve as Independently as pos51ble and wlll do evèrythlng we can to ensure people affected by
homelessne5$ achleve and malntsln th[& Those affected by homole5snass have th• potentlal to transfonn their IIv¢5 Hnd w•
wlll support them to athle¥e thelr a4)Ir8tlons. E￿ryOne iffetted by homelessne55 has the rf8ht to expect aood standards of
4ccOmn￿d￿t[0n and we ￿11 work to ensure that our hou51ni Is of good quallty. EvtryY)ne uslns our servlces has the rltht to
halr their Say In how these 5er¥lcas ore run and we ￿11 work to ensure that they hzv• i volce In the rnnnln8 and developmert
of the charftfs artl¥ftles. Our collea8u•s are th• key to our success and we will work to create • culturn that values and
supports the people that ￿)rk wlth and for us.

AcnoN HOMELESS (LEICEsfER) LTD
TRUSTEES REPORT (INCWDING DIRECTORS. REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
Th Oparitlry En¥Iff￿fflOTrt
The (Mwjlng Impacts of homelessness contlnue to be evldert acr055 th• commUnttl￿ that N£Uon Homele55 serws.
Hornelessness affects IndMdua18 and famlll•s In muklple ways• includlng knlcal and mentsl h•lth. educatlonal and
empbym•nt opport￿￿leS for both •dult5 and thlldren. The congequeftces forthose affected are often loni-term and listlnl.
Artlon Homela5s mntlnu•s to wltness the dama8e caw•d by homel•ssw$ through the people It supP￿ts and In th• broader
communty tt work5 In. The hou51n8 "crlsls. 111 we are faclng locillyl drt¥en by i lack of •ffordable and accesslbie
accommodatlons. resutted in an exponertlal Increase In the number of people presentln8 a5 homde5s In the clty. A record
number of famllles arn now IMn8 In temporary accommodatlon oft•n for months on end. The recent W5h to move a>lum
seeknrs out ot temporary accommadatlon his also led to a slqnfftcant rf5e In the numbor of r•fv8ees becomln8 homeless-•n
Increas• of 400% last year.
Once agaln thls year, ktlon Homeless has seen th• number of households approathlng the oryanlsjtlon for asslgtsnce rls•.
Last year. we recelv•d b•tbNYen sfx referrals f¢r ewy available bed swca and thls alarmlng trend ¢ontlnu4 and naw d•ts15
needod to fijlty Uwre the xope of th[$ Incrus•.
The lack of aff￿&ble hous1￿15 further compound•d by the complex needs of people experiendni homdessnes% Around
half of sln8le Indl¥lduals prnsentlng to PK)mele55ness soThlce5 have support need& Of the4 a quarter hav8 mental health
support needs. and V￿r20% hav• rnrnpl￿ support needs. rnqulrlng asslstano wlth or morn Isgues.
H¢yMlessness In Lekester Lvntlnues to and Actlon Homlesg core m15slon MOVI￿ fomrd wlll be to meet the needs of
the mostvUlnerab￿ people who flnd thefflwl￿ wlthout a sif• plice to call hon*.
A¢Uon Hornele55 Is also belft8 allected by the pressurns caused by Infi•tlon and rfslng Interest rate4 whkh IHve Incrnqsed th•
CQ5ts of delIverl￿ our servlces and malntslnln8 properties. Desplte these chall•n8•4 the charlty remalns commltted to bel
Llvln8 Wage Foundailon employer and has ImpleTr*nted pty Increases to ensure that st•ff can cope wlth the pressures on
thelr household budgets. The charfty contlnue5 to help tenants mBna£e and cope wlth flmnclal prE55ures and haj sou8ht
fundlng to pThlde this support as outllned In 4)ur achle¥ements.
Throwh sound fiscal m•naymenl Actlon Homeless has malntalned a stroryflnanclal porformance, generatlng a cash surplus
that fAn ￿ relrbvested Into devek)plng senrfces. This ensurns thit the orpnls•tlon remalns financlally strong and iustalnabl•.
wlth the rf8ht people and rnsource5 to support Its wo￿.
l. (The local iuthorlly ha5 declir•d 4 housln8 emergency. ifven the shortale of houslni and as the cost (rf hO￿Ing ¢ontlnues
to ￿rtstrIp people's ablllty to afford to rerrt or buy a home In the cltyl.

AcfioN HOMELESS (LEICEsfER) LTD
TRUSTEES REPORT IINCWDING DIRECTORS, REPORn (coKriNUED)
FOR THE YEAR ENDED 31 MARCH 2024
A¢N•vdm•rtJ and porfornmnro
Artlon Homele55 now minws 228 unlts of accommodatlon, ofvthlch It awns 64 unlts across 12 propeities. Thls year It rnid•
commltment to the purckse 7 prDP•rtles from Rlver*de Housin8 Group whkh wlll Incrus• the number of owned unlrs by
Artlon Hom•￿93 ho￿ed 470 Indhidua15 and wq wern ibl• to move 121 people Into more Stab￿ and pemiinent homes. We
Jsslsted 200 Indlvldua15 vla our duty desk response Ilne, 137 of whom wer• at Immedlate rlsk of h¢xmele55ness. Our cllents
contlnue to be hl8hly satlsfled wlth th• houslng we pr￿kIe wlth 95% of our rnsldents fe•llnB happy and comfortable In thelr
currert accommodètlon. A grdnt from the B&Q Foundallon enabled us to contlThue to develop envlrnnments In whlth people
feel at home. 94% of the people we support s•ld they felt ithr •bl• to mak£ dedslon5 about thelr pili furth•r
relnforclng Actlon Hgmeloss. ObJectI￿ of empowerfng people to contml of thelrown Ifve$.
We contlnue to support famllle5 flwlng donwuc vlolence and th1$ y•ar we sUPPOrted 24 chlldren In ternporary
accommadatlon thvou8h BBC Ch11 dren In Need fundln& Thanks to fundlng fTr)m Lelcester Clty Councifs ￿tI-PO¥ertY 8rnnt
scheme. we were ibl• to dellver bespoP* 'Money TrIW wcrkshop5 to 47 peopl4 helplng them to In¢re•9e tholr skllls and
knovAed8e around Mana￿nI hcusehold bu(*ets.
Throu8h fvndln8 from the 5•vern Tr•nt Comrnunlty Fund. we ha¥e further dowl(yed En8a8• to offer a communfty IouTrN
121 spac• and Yefreshed garden whlch been uwd by 230 people durfng the course of the yezr. It Is now home to an
emeryency food and hy8lene paftty and hosts a ￿ll￿ttended pm6rnmrne of events and activftles Includlni a r•8ul•r
wamen's wellbeiw WDUP. men's mental health 8roup and ed￿¥t[On41 workshops. All of thls supports our (llents to develop
St￿n￿rConneCtIO1u and to makA thelr1ourneyto￿￿L4 Independence.
This ￿or, Thyj hwe developed our resettlement seNlcLq. desl£natln8 specfflc sUPPOrt to those Indlvlduals are rea* to
move Into morn Indep•ndent Il¥ln8. In partnershlp wlth Reathlng Pwple and funded by UKSPF. we have dellwdred
Morwise Llvln8 servlce which stren8thens the capaclty of our ¢llents who are flnanclally and dl8ltally ￿1￿led to manage
the cost af Ilvlng. Thls sÉrvlce has been enh•nced by th• wovlslon of 'mo¥ln£ pad& and Other esgentlal household goods
madè p955lble by 8Trntsfrom the Lelce*eG Leice5te￿h1T9 and Rutknnd Q)mmunTty Foundatl¢)n.
D￿nI the Wlnt•r months. we Increased capacty to protart those at rlsk of vou£h sleeping and offered an addltlonal 5
erneryency beds at Mayneld House. Thls wort whlch vns Jolntly funded by the UK Gavernmnt's Cost of Lfvln8 Fund del￿red
by the Natlon•l Lottery and Lelcester Llty Councll, supported 14 Indfvlduals who would otherwlsa have sl•pt on the street&
We also pnJvlded 150 ￿rni pgcks to households Il¥ln8 In temporary accomnxjdatlon thanb tt+ a srnnt from the Natlonal Grld
Communlty Fund.
Actlon Flomeless contlnue5 to foc￿ It5 re￿UrceS to Imprtyt seNkes for homeless I￿rnen, thls y￿r de¥eloplng Its own c
prod￿ed 5trnte8y ¢entred on delfverln8 5ervice5 vla a yndered lens. We have also created more opportunlt1•5 than ever
before for people with Ilved •xperfence af homelessne$5 to connact wth us and our staknholders to share thelr expertise and
•xperlence, ￿th focused'¢onnections weew n(Aw tskln8 pla￿ cffi a quarterly basls.
To brnok the of hormIe￿ne$S thè Charlty has contIn￿d to develop its servlces to support those wlth the most complex
need& Our Houslng Flrst Inklatfve, funded by The Henry Smlth Char]ty. expanded Its proJett workforce by 50Y6. W• rnc•lKed
fundlng under the Governmenvs Rough Sloeplng InltlatNe to Support those wlth chronk homeless hlstorks at Florn LDd8e and
Stretton Road to make the trnn51tlon from lfvlng on the stmts to more stable accommod&tI(￿, achlevln8 Improved knls of
enp8ement wlth dnJ8 and akohol seThices to support harm r•d￿tIOTr and recovery. Altopther 86 people were suprKJrted
underthese scheme&
In partnershlp with the Lelce8tershlrn NHS Partnershlp Trus¢ throu8h our Communlty Thnsltlons Proje¢ ¥R supported 10
peopl• to kwe Inpatlerrt mentsl health SeTh1L￿ back Into the cornmunlty and we helFed 4 of thern mov• onto thelr own
home.
We contlnued to 0￿r a lon8•r4erni htyjslng solutlon thrO￿h our Accommodatlon Plus ar￿ vthlch wtrAdes 84 unlt5 of
occomn￿dIt1¢n Includin¥ 9 family h(wne5. W• workèd In pathttshlp with St Mur80's RKo¥ery Cd* Lelcester enablln8 16
people to return to fornial tralnln8 or pHld employment •nd a turther 11 ta make pro8ress toward5 I￿rk.
Thts year, Actlon Homeloss achle¥ed Im*stoTr In People Gold accredttstlon In reco8nftlon of Its ￿rk trj dweknp the chirtty's
Workfor￿ and to embed a culture vthlch embles Actlon Homeless to achith Its mlssloft.

ACTION HOMELESS (LEICEsfER) LTD
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
We %wuld Ilk to 8ive spaclal th4nk8 to all of our thnors. partner& volunta•rs and fundern whow contrlbutlons ha¥e enabled
us to malo • slgrbllkant dlfference to I1¥￿ of our beneficlarle$ and to contlnue In our mlssion ts break the cyde of chronlc
homele51n•ss In Lelcester and Lelcestèrshlre.
Hnirnl•l revlow
The results for the y••rshcMf total Income of £4.541811 an In¢reise of £517,3￿ on the 2023 Income of £4mS.511.
Thls •rnourt Included Restrlcted Fundg of £801I83 and £3,740,928 of Unre#rfcted Funds. Th• total rnsources wended In
th• p•r amounted to £3984099, Thts leaves ￿ to re￿rt an o¥er•ll surplus of £558,712.
Th• surplus Income ￿￿$ predomlnantly made up from the openln8 of a property eleven cll•nt th• r•op8nlr4 of a
refurblshed sev•nwbedroom htyjse In our low sUPPOrt Serv1￿ and flscal contmls. These fvnds have been relnvegted Intu the
Chartty to further5UPPOrt the shtrylc obJecd4w of creatlnl new and IMPr￿d homes.
reser¥es urrfed forward were £4.367.532 of whlch £231.544 were rertrfcted fundk Th￿1 r•sew wlll be used over
number of years and matched ala1￿ dapreclat•d •mount& Good corporate s0￿M)n(e cktatss that the chartty malntslns
sufflclent unrEStrthd reseNÈs t¢ meet urwected events• Irregular cash flow and contlngendes. Our Unrestrlctsd Funds af
£1049.091 art corrsidered suff*l•nt to 8chltho thls alm. We al￿ hm £3,086,897 In deswnatsd reser￿$ vknlch Is rln£ fen¢ed
fcrfuture development pl•n$ and to ansure th•rn Is sufflclent fund$ to and mjlntaln our propertle5. Durlngjune 2024
sem properttos V￿re purchased from the Rlver51de Gn)up ut111￿nI £1.145827 of these reser¥es and next btar w• pl•n the
refurblshment of 10 Stjarnes T•rrno (M•yNeld Housel wlth in antklpated c05t of up to E9CKI,(KrfJ.
Rtterves Pollcy
Durlwd the the trustees tr4nslerr•d £675,644 to th• deslgn•ted funds (see below). Thls leav•5 frne unregtrfct•d reseTh
to ¢arryfor￿rd of EL049,091.
The Charlty owns 12 prwrtles whlch •re u*d as soclal housln8 and are dwmed nocelliry In orderto help In the lulfllment
of th• Ch•rltrls ObJe£thos. These propertle5 ha￿ i rArrylni value of over£2.6mllllon and these propertles ar• •ss•ntl•l In the
delhwery of thrdabl• gocl•l hovsln8.
Our Deslinat•d Fund5 now stsnd at £3,086I97 followlni a transfer of £615 644 from Unrestrfcted Funds durlw the year to
co4*r speclft future e%*nts vthlch18 part of th• charlty's strate8ic plannl
Our f￿ehOld houslng propertle5 are In the aty of Lekester and wer4 In the rnaln bulft durlng late 181M)5 e•rly 1900$. The
propertles have and cortlnue to be malntslned and refurbtshed In accordance wlth le8lslatlon and modern-day stsndards. Our
Property Fundls revlewed porfodTc•lly tci ensure that our reserves are sufflclent to m••t antlclpated costs. Followln8 • revlew
durfni the y•ar It wis detlded to not mak further adJwtm•Thts thts year and. followlng the aThticipted leilslatlon to addrus
cllmate chanse to reJ55ess thls Fund after that le8lslation has been pas8•d.
Actlcffi Homele55 hold lease5 of freohold prepertles from private Indlviduals. The terni of thase le•ses varles up to a perk>d of
twenwe ￿ar5. The temis of the leases allow for Actlon Homeless to hand back the propertle4 at the •nd of the term to
tho Ixner In • "docent homes" standard. Our dllapldatfon Fund makes provlslon forthe Thxjrk that ts needed to bo undertaken
at the end of the Term. The fund Is r•thKd annualty and in th15ftnandal year ￿ hiv• Incr••sed the Fund ty£10.400.
Year on year. the demand for hom•l•uness seNl¢es Is 8rowlN4. Our Charlty's mlsslon Is tc brfn8 in end to hcArdessness In
L•lc•5t•rshlre. Belng able to meet as much need as posslble Is vtsl ff we are to fulftl our charftable object1￿ To brnak the
cycle of homelessn•ss ￿ must d￿elOP the $eTrrfce5 we provlde, Increas• the propertles use and enter Into 5ts7te81
plrtnershlps wlth the local •uthLirlty and other a8encles. Our developwwrt Fund m•k05 provlskjn for these Increaslng needs.
Durln8 th• past par ￿ are stlll en¢ounterfn8 Infiatlan thrt not been *en for many years and durln8 the next ther•
are plans to acqulre se¥•n propertles from The Ri¥*r51de Group and to relurblsh Ma¥theld HO￿e, to allow forthese events we
hav• added £621250 to our Devok)pment Fund.

ACTION HOMELESS {LEICEsfER) LTD
TRusfEES REPORT (INCWDING DIRECTORS, REPORT) (CONTINUED)
FOR DIE YEAR ENDED 31 MARCH 2024
Prln¢lp•l Fundlry Swr
Artlon Homeless m•ln sources of Income ¢ontlnue to be r•rt and sepAce charges for the Kcommodation It pravld•s to
Indlvlduals (see pale 21). Lelcester aty c￿n¢11 Homeless Support Contsact Js tha second kr8est source of fundln8 for the
charl￿ thls contsct ends In 202ak A rnplacemant contratt under the Governments SINTle Hornelessn•ss Accomn￿datr0n
Prnqrdmme wlll b• •wanled durfng 202412025.
Other 5UPPOrt grnnts amount to Q55,500. The Chorlty contlnuw to benefft from the support of comwnles and Indl¥ldu•ls
wlth ()ver£30.159 beln8 receh*d In donatlons, See note 3 pjy 20.
In¥e#mnt Mky
The Truste•s. hwln8 re•rd to the Ilquldlty r•qulrenwrts of oporatln8 the Charfty and Its reserves pollLV, hwè opernted a
pollc¢ of keepin8 a larye proportlon of Mllable fund5 In Interest bearfn8 deposlt accaurrts where they seek to achlthwe a rate
of Interest whlth rrbaxlmlses the r•tum and spreads the rtsk. Where monles are wailable th* are not needed to fund
Immedlth charltsble actlvltles, the Tn*ees wlll apwjlnt Investment mana£ers on a dlscretlonary b8s1& A r¢8ulJr revlew of Its
Investff*nts Is malntsined by the Tnthees wfth Its Advlsor5 and Finance Commlttee, ensurfn8 8ood corpornte savernance
rolatlTr8 to martot condltlons. The Trustees acknowledges and ¢v*rd50 thelr duty of carn In Kcordanc• wlth the la￿ Chorfty
Commluhjn Kuldelln•s and In the best Interests of th• c￿rIty.
Rlth Mm•J•mart
Th• Truttees ¢on¥nue to eYdluat• the rna￿r rlsks to whkh the Charty Is exposed and are sitlsfiod that s￿ents are In place to
mltl8ate thue rlgks effettlvety.
Reco￿187￿￿ th• Importance of rlsk management as a kny •1•rn8nt of 8fftrnance and Internal cortrol, the Trust•es h•ve
com￿[ed a rfsk re8lster to issess 3￿t*. operatlonaL and flnancial r15ks. Rljk managen*nt processes provlde 4 hl8h level of
reassurnnce and apply to all aspects of Actlon Homeless. work. Rlsk assessments and rnanwm2nt 4r• Integral t¢ the dalty
SPO￿$1b[l1t￿s of frorrtllne staff and mana￿[$.

ACTION HOMELESS (LEICEsfER) LTD
TRUSTEES REPORT IINCLUDING DIREcfoRS' REPORTJ (CONTINUEDJ
FOR THE YEAR ENDED 31 MARCH 2024
PIM¥forfirtUM perfods
The y•8r 2023 math£d the 50th annl¥er5Ary of AttTon Homel•s4 ind th• crlsts of homelessness h•s never been n￿re acute.
The demand for Actlon Homelesg $ervkes has rea¢hed unpr•cedented leve15. Wlth Charlty •ppro•chlng the end of Its
vtryear trdteslc pl•n In 2023, the Trustees recounlse the need for adaptatlon and ffiwolutlpn to wntlnue meetlng the needs
of those Seek7￿ help. HNe¥er the Trustaw ackn￿wIed&& thit. 8l¥en the scale of local homelessne4 P£tlon Homele55 can
rwlistlcally only support a sm•li proportlon of those affected. Therefore, the nert strat•8y wlll •lm to mulmtse the Charlty's
Impa¢ 8hpn Its a¥all•ble resourc•&
Artlon Hornele￿ vlsion remalns to ond rO￿tt sleepln8 In Lelcestershlre by breaklni the crte of homelessness and ensurlns
th•tthose wlth thronic historles of homelessne55 flnd and sust•ln homes.
In the comln8 year, the Charfty wlll continue Investlng In the da¥ek)pft*nt of new ho￿[nE wthlle ensurfn8 that ft$ exlstln8
attomrnothtl(Jns remaln flexlble. ac￿$1b1e, and Inclustve. Th•se accommdatlons wlll pr(p4ld• dl8nlty prlvacy, and satsty for
reslderts. As part of thls effort Actlan Homeless plans to purchase seven propertles from The Rl¥erslde Group and refurblsh
Mawleld HO￿e. SUPPDrted 8rant from the D•part￿Trt of Houg1Tr& Communltle¥ Ind Local G￿￿rnmen￿$ SHAP want. To
facllltate th•s• d8velopment4 £621250 has been added toth• Ctharltrfs DevelDpment Fund.
Actiim Homel•ss wlll cortlnue collaboratln8 with the Clty Councll, tha G(Narnmert and oth•r staknJhold•rs to wovlde hl
q￿lIty* per50nallsed support that helps Indmduals overcome the barrlers to endlng rO￿h Sleep1￿ The Charlty provld•s
speclallst support for sleeper5 throuth fundlnl from th• Go¥ernment's Rou8h Sleepers Inlilatl¥e (untll March 25). wlth
further backln8 from the Housln8 Flr5t project funded by the Henry Smlth charl￿ thls fundlng Is gecure untll end of 2025. In
2024 the Chartty wlll also respond to the recommlsslonln8 of seThlces by Lekester Clty CounclL adaptln8 accordln8ly to
changes In contracts.
In addttlon to the capltal fundlng for Mayn8ld House, SHAP fundln8 has also been awarded to SUPPDrt the provislon of a new
14-bod project for rouih sleepers overthe next three year5 and It Is hoped to open thls ser¥lc• In early 2025.
The Charity re￿nIs0$ that breakln8 the cycle of homele$5ne55 Invo￿5 more than Just pr¢p41dlr4g • uf• place to Il¥e. People
also need wsit1￿ relationshlps wlthln the communlty to truly overcome homelessness. Actlon How*less wlll contlnu2 to
ways to empMr and 5UPPOrt ptople to build the connectlons thtt th•y need.
strUaU￿ p￿rnan¢¢ •nd nMn•Dm•nt
The charltable company Is a Company Ilmited ￿lUd￿nt90, In¢(￿O￿ted on 12 S•pt•mb8r 1989 and re8lstered as a tharfty on
17 Nfftmber 1989.
The trustees, who are also the dlrectors far the purpose of C￿￿•nY law. and who s•rved durlng the year and up to the dote
of slBnature of ftnanclal statémerrt5 Warn:
S De Looz•
C Hurnt (Trea$urer}
D Ireland
M Pankhu
A PeaS8￿d
J Elsey
A Patel
P Pamiar
S Blllln8ton {Chalrt
C Lon8hnd
Rutherford
IResl8Md l December 1023)
(Ap￿r￿•d 30 No￿rnber 20231
(Appolnted 30 November 20231
IAppolnted 30 November 2023 and resI￿ed 17 May 2024)

AcfioN HOMELESS (LEICESTER) LTD
TRusfEES REPORT (INCLUDING DIRECTORS, REPORn (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
R•crultm•nt and Appokrtmqnt of Th¥teos
The Charlty recogn15es the ImpDrfAnc• of h•vln£ Trustees wlth a dlverse set of skllls and ba¢iyounds that can support the
work of the chartty and refletts the profile of our beneficlalles. All Trustees are ￿cruIted throu8h an open process that
er￿ureS equal 4rLeM and opportunlty to those wLthln8 to become a Tnthe. In Ilne ￿rfth the or84Tr15•tions Artlcles of
Assoclatlen Trustees serve >year terms up to a m&Ylmum of 9 years. The past year saw the re*natlon of trusttts and
the end[￿ of the Chlrs perlod of tenure. The Char]ty wlll be seekin8 to replace these Truxt••A In th• comln8 year.
The Trustees are also commltted to adoptlngthe tharfty Code of Go¥ernanc•.
None of the trustees any beneficl•l Intsr•rt In the compan% All of the trustee5 are members of the comwry Ind
guarnntee to contrfbute £1 In the event of a wlndln8 UP.
OryanlMtlrAwl StnKture
The &y to thy m•nayment of th• oryanlsatlon Is lod lry the (thlef Executht Mark 6r4nt and the two Othe￿ EA￿UtIVe
Dlrettorof Serykes Karen Purnval and Dire¢torof FIMnc• W Mawdsle
In iddltlon. there are dèdkated ￿leS for HR, Fundln6 and Pmperty ManapmenL In total Altlon Homeless emplays 55 fi111
tlme empl(pfft5 as T￿11 is occ•$lonal work•ts.
Audltar
In accordancé wlth the comp3TrK5 •rtlcle4 • rnsolutlon propos1￿ that Thomas Mayneld U FCA be reappolnted a5 audltor of
the company wlll be PLrt at • General Meetln&
The trustees re￿rt apprnved by the Board of Trustees.
5 81111ngton {Chalrl
Truth•
28 November 2024

AcfioN HOMELESS (LEICESTER} LTD
srATEMEKf OF TRusfEES RESPONSIBIUTIES
FOR ThE YEAR ENDED 31 MARCH 2024
The trusteei WI￿ are also th• dlrectors of h£tlon Homeless (Lelcester) Ltd for the Purpo￿ of compary law, are responslble
for preprlng the Tn4tees Report and tho fln•Klal statemnts In accordance wlth appllc•ble law and Unlt•d Klngdom
Aco)unlln8 Stsnd•rd$ Iunlted KI￿*2M GenoThllyA¢¢¢pted Accountln8 Prattle•).
com￿nY Law requlre5 the t￿￿te¢S to prepare flnanclJl thtwnents for each flnanclal year which live • true and f•lr ¥lew of
the state of affilrs of the charftsble company and of the incomlng resourc•s Ind appllcatlon of resources Includ1￿ the
Inceme and expendtture, of the charrtable company ftsr that year.
In preparfni tha￿ flnandal st•tements. the tr￿tee5 are r8qulrnd to:
- seloct suftabl• •ccountlni ￿11¢1¢5 and then •pplythem conslstently,.
- obsem the methods and prfndpks In the OMrltles SORP;
- makJudqem•nts and estlm•tes that are reasonable and prudent
- state whether ippllcable UK Accountlng Stsnthrds hove b•en foll(Me4 subJ•ct to any materfal departure5 dlsdos•d ind
plalr*d In th¢ flnanclal st8tements,' Ind
prepare the fininchl ststements on the goiw concern buts unless It 15 Inappro￿￿te to prnsume that the th•ritsble
compary wlll tontlnue In op•ratlon.
The t￿￿te￿ are r•sponslble for k••plng adequate accounllnl r¢wrds th•t dlsdw wlth msonabl• iccuracy at ary Ume the
flnanclal pasitlon of the charltable company and eThJble them to ensure that the finandal statements comply wlth the
Com￿nIeS Act 2(K16. They are atso responslble for safe8￿rdIng the assets of the tharttsble company and hence for taklni
reasonable steps for tho pre¥entlon •nd detettlon of frnud and other Irregularlties.

AcfioN HOMELESS (LEICEsfER) LTD
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF ACTION HOMELESS (LEICEsfER) LTD
Oplnlon
We ha¥* audfted the flnanclal ststernents of Actlon Horne1￿5 (Lekestert Ltd (the'charftable companrf) fi>r th• yur ￿ded 31
M•rch 2024 whlch comprfse the statement of financlll actrrfltles, the balance sheeL the ststement of cash flN5 and notes to
the financlal statements Indudln8 ￿gnIficant accountlni ppllcles. Th• fln4nclal rnw>rtln8 fr0ftM￿lk that has been applled in
thelr preparation Is appIl￿ble and Unlted Klwm Accountln8 Stsndards, In¢ludln8 Flnandal Roportlni Stsndard 102 The
Flnanclol Reportlnq Stondard applkoble In the UK and Republk oAlreland (Unlted Kln8dom Generdlly kceptsd A¢ountlng
Pra¢Ucel.
In our oplnfon, the flnanclal statements:
giiie a true and f•lr vlow of the state of the charttsble ￿MPon￿5 affalrs ai •t 31 March 2024 •nd of Its Incoml
resources and applkatlon of resource4 farthe ￿Or then ended.
b••n properly prepared In accordance wlth Unlted Klngdom G•neTrlly Aceewed ACt￿ntIng Practke: and
have been prepllred In acco￿nCe wlth the requlrements of the Charltles Act 2011.
BI￿• for oplnlon
We condurted our audlt In Kcordance wlth Internatlonal Starthrds on Auditlng IUK)11&4s (UK)) and appllcable law. Our
resp￿sIbIlI￿e5 under those stsnd•rds are fvrther descrlbed In the Audltor's reSp￿IbIlItIeS fvr the oudlt of the Alnandol
stotements sertlon of our repo￿ We are Independent of the ¢harrtsbl• company In accorthnce wlth the ethical requlrements
that are ￿levant to our audtt of the financlil statements In the UK Indudini the FRC5 Eth1￿1 Stsndard, and w• fvlfllled
our ath•r ethlcal resp>n51bllttles In occordanc8 ￿tth thes• r•qulr•rnnts. We bell&T thatthe audlt wldeffe we hm obt•lned
Is sufflclent and ?pproprlat• to provlde a ba515for aur Wnlon.
Condwlonl rnl•llnito mncffn
In audltln8 the financlal statsments, we have conduded that th• trust•es use of th• 8oln8 concern basls of attountlw In the
prep•ratlon of the flnanclal statsments Is approprlate.
Based on the work we ha￿ perfornie4 we ha¥e not Identlfted any matsrf•l uncertalnt1•5 relatlw to e¥ents or condltlons thal
Indlvldualty or colle¢thEM may cast slgntflcant doubt on the charttsble company's ablltty to continue as • Wni concern for a
perlod of at least twelve months from when tha fjnanclal st•tements are authorls•d for Issue.
Our rnsponslbllltles and the resppnslbllltles of the trurt•os wlth respect to plng concern are des¢rlbed In the relevafit
sectlons of th15 r•wirL
Oth•r Informrtlon
The other Informatlon comprlsts the Inform•tion Included In the annual report other than the flnandal st•tements and our
audltorfs report thereon. The truste•s are responslble frjr the other infonnatlon contsined wlthln the annual rnport. Our
oplnlon on the flnandal statsments does not cover the othar lfiformatlon and we do not express any form of a5surnnce
Ctxluslon thereon. Our respDnslblllty Is to read the other infomwtlon and. In doln8 so. conslder whether the other
Infarffl*ion Is materlally InconsF5tent wlth the flnanclal rtltements or our knowled8e obtsined In the couThe of the aud1¢ or
othern¥1￿ appear5 to be materfally mlsgtated. If we Identlfy such rMtertJl Inconslstencles or apparent materlal mlsststemert
we are required to detsrnilne whether thts rise to a material mls5tatement in the ftnanclal 5tatem•nts themselves. If.
bas•d on the we have performed. we conclude thit there Is a m•terl•l mlsstatement of thls other Inform8tlon, we are
requlred to report th•tf*cL
We hav• nothlngto report In this reprd.

AclloN HOMELESS (LEICESTER) LTD
INDEPENDENf AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF ACTION HOMELESS (LEICE5TERJ LTD
Mittws an TAl*h we ar• requlred to roptyt by•xE•Ptlon
We h•ve nothlry to report In r•¥*ct of the folk)wlng nwtter5 In relatlon to whlch thè thjrltles {Ac¢ourts and Reports
Re8ul•tlons 2008 requlre us to report to you If, In ouroplnlon:
the infonnatlon In the flNndal ststements Is InconslsteTht In any materlal respert wlth thetru5tees repo¢. or
$ufflclent accountln8 recorth ha￿ not been knpL' or
th• flnanclal $tstements are not In ￿r•ernent vAth the attountln8 records; or
ha￿ nDt rO￿l¥ed all th• Informatlon and explanatlons w• requlrn forour iudlt.
R•J5poMlbllllles of truit•
A5 explained morn fully In th• st•tement of trustees responslbifitf•J, the tnth. who are also the dlrectors of the charltable
company for the wrpose of company law are responslble for the preparatlpn of the financlal 5t•t•ments and for belTr£
satlsfted that th•y a true and falr view, and for S￿h Internil mntroi as the tru5ttts detemilne Is necessary to emble the
preparatk)n of ftnanclal 5tst•ments that are free from materfal mlsstatemert wh•ther to fraud or error. In preparlng the
fln•nclal statements, the trustees are responslble for assesslng the charltable company's ablllty to contlnue as a plng
Conce￿ dfsdosln& as appllobie. mattern relatsd to ￿[nO concèrn •nd usln8 the golng concern b4515 of acCoUrrtl￿ unl8SS the
trustee$ elther Ini•nd to nquld•te the chafftable comp4ny or to c•a8e owrntlons. or have no reallstk alternat￿ but to do so.
Audltor'i ropondbllltl# lor th• •udlt of thlJnttKl•l tst•m•
We have been appolnted as I￿1[tor under sectlon 144 of the Charftl¢i Art 2011 and reFQrt In •¢¢ordance wth the Act and
relevant rn8ul•tlons m•de or havln8 elfect th•reund•r.
Our obJettTves arn ts obtaln rnasOnab￿ assurance alx>ut whether the flnancl41 statsments is a whole are free from materfal
mlssitsm•nL whether due to hud or error. and to Issue an audttor's report that Include5 pur oplnlon. Reasonibl• assurance
is a hlgh level of assurnnc• but Is not a guarantee that an audlt COnd￿ted In •ccordance wlth ISA5 (UK] wlll alway5 delect
materlal mlsststemert when It ex15ts. Mlsstatements can arlse from fr4ud or •rmr and are consld•rnd materlal If. Indfvldually
or In th• •88regate, they could reasonably be expectod to Influence the economic dec151on5 ￿ usws ts￿an on th• bgsls of
these finincial statem•nt&
The &¥tent to whkh our procedures are apable of det•ctlni 1rrn8ularltlès. Indudln8 fraudls detalknl bel(￿.
Explanatlon Is to th •xt•nt th• audlt ffjmldered ￿Pable of detect￿ irrry￿•￿tl•4 Incknllry frnud
Because of the Inherent Ilmltatlons of an audit, therels i rlsk that wè wlll not detect all Irre8ularftle4 Includln8 thoM108dln(
to a materfal misstatsment In the flnantlal ststements or r￿n-CoMplIance wlth r•gulatlon. Thls rlsk Increases the morn that
compllance wlth a law or re8ulatlon Is rnmoved from the events and tr4nsaCtlons refleLted In tho fimnclal ststenxnts. as we
will be less Ilk•ly tc become avrdre of Instances of non-compllance. The rlsk b alsa 8reater re8ardln8 Irr4ularttlos ￿cUrrIng
due to fraud rather than •rror, as hud Invol￿$ Intentlonal concealmenL for8e￿ collu51on. omlmlon or mlsTrpresentstlon.
10-

ACTION HOMELESS (LEICESTER) LTD
INDEPENDENT AUDITORS REPORT (CONTINUED)
TO THE TRUSTEES OF AcfioN HOMELESS (LEICEsfER) LTD
As part of an audit In accDrdanc• wlth ISAS (UK). we £xerclse professional JudBment ind malntaln professlon•l sceptlclsm
through￿tthe audlL We also:
Id•ntlfy and assess the rlsks of m*erfal rn159t•tem8rt of tho financknl stat•nwnty whothor due to fraud or error.
desl8n and perform audlt procedures re5ponsfve to those rl$ks. and obtaln au&rt eviden￿ that Is suffkl•nt and
approprlate to wovlde a b•slsfor our oplnlon. The rfsk of not detectlng a materfal mlsststement resuklni from fraud
Lg hlgher than for one resultlni from error, as fra￿1 rn•y Invol￿ a￿luSIon. fwery. Intentlon•l omlsslon4
mtsreprqsentatlon4 orthe overrkk of Internal control.
Obtaln an understandlni of Intern•1 control relelant to the •udft In order to deskn audtt wjcedures that are
•pproprlate In the clrcumstan¢e$. but not for the Purpo￿ of •KprwlTr8 an oplnlon on the effectk*ness of the
charttable ccmpArfs Internal control.
Evaluate the approprfatsness of accountln8 pollcles used and the reasonalAeness of accountlnl esUm*es and
rel•ted dfKlosures made by the trustees.
ConcludB on the •pproprlateness of the t￿￿ees. use of the Wn8 concern basig of aCcoWrtl￿ an4 on the
audlt evldence obtaina4 whether a mtsrlal uncertalnty exlsts related to events or condttlons that rr￿ cast
sl8nmcant doubt on the charitable corrwarfs •blllty to contlnue as • concern. If we conclude th•t a materlal
uncertalnty ￿1st& we are requlred to draw attentK>n In our a￿￿[tor'S report ts th• relatsd d15clasurnJ In tho flnanclal
ststements or. If such dlsdosures ar• Inadequate. to Mdlfy our oplnlon. conclusfons are based on the audlt
dence obtalned up to the d4te of our audltorf5 report. How•￿r future •vents ar condltlons may cause the
ch8TStsble comppny to cease to contlnue as a 8olni ffjncern.
Evaluatr the overall presentstlon, Str￿ture and content of the )Inanclal statements Includlni the dlsclosures, and
whether the flnandal st*ement5 represent the undethlni knnsactlons and events In a manner that athle¥e5 falr
presantstlan Ile. • true and falrvlew}.
We communlcate wtth th050 charpd wlth gov•nwnce regardlTr& amon8 other matters the phnned scope and tlmln8 of the
audlt and sl8nfflcant aud￿fInd[l¥l Indudlni any s18nifKant def*lencles In Int•rnil control that we Identfy durln8 our audlL
A further descriprlon of our respun51bllltkn 19 avall•ble on the Flnanclal Reportlni CouThcll's ￿bsIte * http3Jl
www.frc.org.uVaudttorsRsFJonslbllltles. Th1$ descrfptlon fomM part of our audttoes report.
Use of rnport
Thls report Is made 501ely to th• tharltsble comp•nVs as a body. In accordanc• wtth Part4 OF the Charltl•s (AcCo￿t9
and Reports) Reguiatlon$ 2008. Our audlt work his been undertak*n so that we mlght stste to the charltable compan¢s
tn￿t•aS those matters we are requI￿d to *¥te to them In an audltorf5 re￿rt Ind for no other purpose. To the fullest extent
pemiltted by la￿ ￿ do not icc•pt or assume responslblllty to anyone other than the charltabl• company and the chartt4bl•
company's tn&ees as a Lvdy. forouraudlt worl for thls rnporL or forthe oplnlon$ VR have formed.
Thomai Myfi•kl PA
28 November 2024
Audltor
Mayfteld & Co
2 Merus Court
Meridian Buslne5$ hrk
Lefcester
LE19 IIU
ThoffAs Mayfteld U KA Is ell8lble for appolntm8nt as audltor of the charltable company by vlrtue of Its ellglblllty for
appolntment as audltorof a company under sectlon 1212 of the Componles Act 2fMJ6.
11

Iiii" a
qi
ij I" 11
1111-
cl

AcfioN HOMELESS (LEICESTER) LTD
BALANCE SHEET
AS AT31 MARCH 2024
202J
Trn8lble osgets
15
1576,645
2.707.157
Curr•nt •sets
Debtors
Cash at hnk and In hAnd
534008
1609.790
371,090
3,143.798
{605,0921
1427.921
1558,0231
Credltorn: Iffl￿nts falllrrf due wfthln om y•ar
Net ￿rr•Trt #lets
2,538,706
1869,898
Total aM¢ts ¢wr•nt l￿blItt
5.115J51
4,577,055
CredIto￿. amouThtsf4111ry the •fter mor•th•n
on•y••r
17478191
(768.235)
Net asiets p￿lOn Il•blllty
4,367,532
3,808020
4.367.532
3,808I20
Th• funds olthe ch•rftabl• comp•ny
Restrfcred Income funds
Unfestrltted funds- genernl
Unrestrfcted funds. D•sl8n•ted Funds
22
231.544
1,049,091
3.086.897
264.377
1,133,
2.411253
4.367.532
3108.820
The company15 entitled to the eyAmptlon from the •udlt requlrement cartalned In sectlon 477 of the Companles Att 2(X16. for
the ￿ar ended 31 Morth 2024. althou8h an audlt has been ￿rrIed out und•r s•ctlon 144 of th• Charltles Art 2011.
The dlrectors acknowled8e thelr respjnslbllltleg for comptyln8 wlth the requlrements of the Com￿nIeS Act 2￿ wth respert
to iccountlnq records and the preparatlon of flnanclal statements.
The members have not rnquired the company to obtaln an audit of Its flnanclal statsments under the requlrnm•nts of the
Qjmwnles Act 21￿ for the y•ar In qu•$tlon In arxordance wlth section 47&
These flnand•l ststfjments hwe been prepared In a¢tordan¢e wlth the provlslons applkable to comp3nles subject to the small
companle5 reglme.
14-

AcfioN HOMELESS (LEICESTER) LTD
BALANCE SHEEf (CONTINUED)
ASAT31 MARCH 2024
The financAI ststaments were approved bythe trustees on 28 Ntwember 2024
C Hurst (Treasurer)
Compary reiistrntlon number 02422130 (Enzland and Wales)
15-

AcfioN HOMELESS (LEICEsfER) LTD
srATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2023
Not•1
C•sh flo￿ from op•rntlnz attlyll
Cash senerated from operntk)n$
513027
344,339
lrnWt1￿ aCtI￿deS
Purchase of tsTr8lble fi*d assets
Investment Income rece]v•d
(353,1311
11,928
60321
Nat pn•rntad Irtynl(u••d W Inv•#l
aclhltles
60,221
(341,203
Flnanckw •Ltlvltl••
Repayrnent of bank I￿nS
120,2891
(25,5411
Net wh umd In lIn•nd￿ Ktl%411•
120.289)
{25,5411
N•t kw1￿[d￿rA0O) In cmh and cash eq￿￿1*￿#
551959
(22A051
Cash and cash equlvalents at be8innlni of year
1056,831
2,079,236
sh and ￿$h equ1¥41arts It •nd of Iwr
2,609,790
IOS6,831
18-

ACTION HOMELESS (LEICESTER) LTD
NOTES TO THE FINANCIAL sfATEMENT5
FOR THE YEAR ENDED 31 MARCH 2024
Accountlry pollrl•s
Ch•rfty Inhrn*lon
Action Homeless (Lelcoster) Ltd Is a prlvate campany Ilmlted by I￿￿ntee Incorporated In ETr8land ind W•les. The
reglstered offlce Is RIdge￿1¥ House, Uttle Hlll, Newton Lane, Wlpton, LE18 35E.
1.1 A¢courtlry ¢on%vrtlan
The accounts have been prepared In accordance wlth th• chrltsble compaThVg 8LWern1￿ documenL the Compnles
kt 2(YJ6 and 'A¢¢oyntlNa and Reportln8 by Ctharltles: Ststewftnt of RecommerKled Prattlce ap￿r¢•ble to thirltl•s
preparfn8 thelr accounts In accordance wlth the Flnancl•l R•portln8 Stsndard aFJplkibl• In the UK and Rqpubllc of
Ireland (FRS 102)" las arn￿ded for accountlng perfods commenclni from l January 20161. The charttable company Ls a
Publlc Benefft Entlty a5 defined by FRS 102.
The flnancial st•tsments are prepared In sterlln& whkh15 the funrtional currency of the charltable company. Monetsry
am¢)unts In these flnanclal ststements are rounded to the nearest £.
Attlon Homeless (Lel¢esterl Ltd meets the dèfinltion ofa publk be￿ endty under FRS 102.
The accounts hive been weparEd under the hlstorlcal cost corntntlon. Th￿ffied to Indude the rwdluatlon of freehold
propertles and to Include Investrnent propertks and certaln flnanclal Instruments at fvlr Ydlue. The prfnclpol •ccountln8
pol*l•s adopt•d ar• s•t out b•low.
1.1 Golry o)ncem
At the tlme of approving the financiql statementy the trustees have a reasonable expectstlon that the chirltsble
company has adequate resources to contlnue In operatlonal exlstence for the forese8•ble futur•. the trustees
contlnue to •dopt the plng COn￿M b•sls of •co)untln8 In prepar[￿the flnandal thtement&
l.J (hqrftabl• funds
Unrestr*t•d funds irn I￿11•bI• for us• at th• dtscretlon irfthe tntstees in furtherdnce of thelrcharitable objecttves.
Restrlcted fvnds aR to be used ft)r specfflc purpose as lald down the donor. Grnnts ra￿l¥ed * tha thaTlty ￿ way of
man•88mont aor••m•nts urfth Local Authorldes and Hou51ni AsKKl•tions are restrfcted to particular sCheTh￿ but not
to speclfk ttems of expendlture. The Chirlty treats &[pendI￿re from these restrlttèd funds as belng the earllort
expendtture at o1th schemo. In the yo•r.
Unrestrfcted funds are donatlons and other Intomln8 reSou￿e$, Includlng Ch•￿1 for iccommodatlon, recelvable or
genernt￿ for the obJorts of th• charftywlthoutfurther speclfted PUTpose and are avalldble ￿ general funds.
L4 1Th￿rne
IncortKg Is reco￿7$•d when the tharft•bl• cornpany15 legally entltled to it after any performance conditlons have been
meL the amourrt5 can be measured relSHbly. and probable that Income wlll be reeel4*d.
sh doMtlon5 are recognlsed on recelpt. Other donatlons are reco8nlsed once the charftable company has been
nDUfied of the donatlon. unless perforrnance condltlons requ7￿ deferrnl d the amount. Incom• tax rec(y￿rnb1e In
relatlan to donatlons recefved underGfft Ald or deeds of cov•n•nt1s reco8nlsed •t the tlme ¢)f the donatlon.
LeK4cles reco8nised on recelpt or otherwlse ff the charltabl• comyny has been notlfl•d of an Impendlns
d15trlbutlon. the amourt Is known, and recalpt Is •xp•rted. If the imount Is not kn(Y4M. the leycy b tre*ed as
corrtlTr8gnt as*t.
Turnover Is meosurnd at the fair value of the conslderatlon recelved or receivable and represents affrtyjnts recelvable
for fftids and ser¥lceg p￿Ided In the nomial course of buslness net of dlscounts VAT and other relatsd taxas.
17-

AcfioN HOMELESS (LEICESTER) LTD
NOTES TO THE FINANCIAL STATEMENTS (coKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
countlry polld•5
Icontknued)
IS LYpendliur•
E%￿ndtture Is reco8nls•d onc• there Is a leaal or constructlve obliytion to transfer economic beneflt to a thlrd party It
19 wobable that a transfer of •conomlc benefit5 wlll be requlred In setdemenL and the •mount of th• obllytlon can b•
measured rellably.
Eyndlture15 classlfied by activity The costs of each actmty I￿ mde up of the totsl of threct Costs and shared c05
Includln8 SUPPOrt costs In￿1Ved In uDdertakln8 each irtlvlty. Dlrect Costs 4ttrlbut•ble to 4 sln8le artl¥lty allocated
dlreth to thot ictl¥lty. Sharnd costs which contrfbute to more than one activlty and support co#s whlth are not
attrllxtslAe to a slryle 4th1ty Ire apportloned bet￿n those actlvSUes on i basls conglgtsnt wfth th• of r•sources.
Centftl staff costs are allocated on the basls of tlme spenL and d•prnclatlon charys ar• alloc*ed on the portlon of the
ass•Vs US•.
Expendliure ts recr4nlsed on an accruals basls as a Il•blllty Is Incurrnd. Expendlturq Includos VAT whlch cannot be
Exp8ndltur• In th• operatlon of the charlty'$ central servlces system and centr41 offl¢e is apportloned I)et￿en suppt)rt
costs fund4atslng and publlclty and ￿ernance of the tharlty txsed on acwal costs Incurred where these can
aS￿rta1Thed. Other costs. such as salarles and Overhead costs are apportloned on the follrnvln8 tmsis whlch Is an
estlmate. based gt•ff tlm•, of tPh7 amount •ttrltvJtablB to ￿ch acbvity.
Scheme support costs
Fund.rnlsln8 and publldty
Management and admlnlstratton of the charfty
1.6 T•r¢lbl• flx•d
Propertles whrjse Pdlr value can be measured rellably are held underthe revaluatlon modd and •r• carrl•d at a ravalued
amoun( beln£ thelr falr wlue at the date of valuatlon Ioss any subsequent accumulated depreclatlpn ond subsequent
accumulated Imwlrment losw. The fair valwa of the land and bulldlni51s usually consldered tt¥ be thelr market value.
Rmluatlon plns ind losses are reco8nls•d In othor r•wntsed g•ln5 •nd10sw •nd accumulated In equlty, except to
the •xtent a revjluatlon 8aln reverses • revaluatlon10ss prevlou51y recoenlsed In net I￿Ome/{S¥pend1tUre) or
rewdluatlon kns$ e￿d$ the accumulated revalu8tlon Vlns r•tO8nls•d In equlty; such 8alns and10ss are reco8nlxd In
n•t 1nc0mell￿pendIture> forthe year.
Oeprecl•tlon Is reco8nls•d ￿ as to wrlt• off tho c05t or valuatlon of agsfrts les5 thelr resldual values thelr u5efvl
Ilves on the followlng bases:
Fr•ehold Prcperty
Scheme Flxtures & Frttln85
Motorvehkles
Centrnl Offlce Equlprn•nt
4% rtral8ht Ilne
50% strawrt lln¢
25% strnlght Ilne
25% stralth Ilne
The aaln or loss arlsln8 on the dlsposal of an assit 1$ determlned as the dlfference between the ￿le proceeds and the
arrying value of the asset and15 recoBnlz¢d In net Incomel(expendlture} for the y•ar.
1.7 Impalnnffit of lknl
At each reportlng end dat¢ the tharthble company r•vl•ws the carrylni amounts of tts tan8lble assets to detemilne
whether there Is ary Indic•tion that those assets have 5urrered an impalrment loss. If any such Indlcatlon exlsty th•
recoverable amount of the asset Is estlmated In order to detrmilne the extent of th• Impalrment105s Ilf any).
18-

ACTION HOMELESS (LEICESTER) LTD
NOTE5 TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Atifjuntlry pdld
lcorrtlnu￿)
L8 Cath and ¢•th •rylwl•nts
Cash and cash equknlents Include cash In hand. deposfts held at call wfth banks. other short-term Ilquld Investments
with orl£lnal maturltles of three months or le55, and b•nk I￿0rdrIfts. Bjnk ov4rdrth are shown ￿h1n borrowlnp In
current lIa￿l￿re5.
1.9 Fln•nclal lrntNmerti
The ch•rlty only has flnandal assets ind flnandal Ilibllttles of a klnd that quallfy as b•slc fln•nclal Instrument& 8aslc
flnanclal Inslruments are ln1tlal￿ recolnlsed at tsansiLtron ￿lue and subsequently measured at thelr settlement val
wlth the exception of bank loans vthich are 5ubsequeth measured at amortlsed cort U￿n£ the eftrtlve Interest
method.
1.10 Employ•e benefits
The cost of any unw•d holldJy entltlem8nt ts rewnlsed In the perfod In whlch the •mplo}￿S 5erylces recelrnl.
Trrmlnatlon beneffts are recognlsed Immedlately as an expense when the charltablè compny 1$ d•mnstr•bty
commlited to tsrmln•te the employment irf an employee or to pmlde termination benefft5,
1.11 R•tlrwnffit b•Tr•llts
The penslon r05ts tharyd In the ftnandal Statements reFYesents the contrlbutlon payable ty the compny durfni tho
1.12 Rena￿15
Thls an amount ayeed by Houslr4 Benefttto specmcalty purthase and uptht• furnI￿r• it •ath of th• woJacts.
Crltltal accl￿ntI￿¢￿1mItQJ and￿d84Th￿
In the )pplkotlon of the tharttable company's accountlng pollck& the trustees are rtqulred to mak Judpment4
•rtlmites and iuumptkjns about the c•rryfng anx>unt of assets Jnd lthbiiftles that irn not readlty 1p￿rent from other
urce5. The e5tTmates and a55oclated assumptlon5 are based on hlstorkal experlence •nd other fKtor5 thJt •re
cortslderÉd to be relevant. Attual results may dlffer from these esumates.
The e5tlm*e5 and underlyln8 assumptlons revlewed on an Dwolni ba51s. RevI51¢X￿ to accountln8 estlm•tes are
reco8nlsed In the perfod In whlth the estlmate Is revlsed ￿tsre the revlslon Jffects onty that perfo4 or In the perlod of
the revlslon and futur• perlods wher•th8 revlslon Aff•cts both currnnt and future perlods.
Intome from donitlorn •nd l¢a•des
Unrestrk*d Re#rlrted
fjmd
fundi
2024
Total Unrestrkted Restrlcted
lundi
fundi
2023
DonHUons Ind glfts
Grnnts reCeI￿bla
30.159
30.159
255.51X)
35.101
35,101
198,109
255.500
198,109
30,159
255,500
285,659
35,101
198,109
233.210
19-

ACTION HOMELESS {LEICEsfER) LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
Income from don•tloM Iwcl•s
Icontlnued)
Unr•*l¢t•d R•#rl¢t•d
lundg
funds
Totll Unr•*rlthd R•Jtrktad
fundi
fvnds
1023
2023
202
Don•tk•M and
Donatlons and ths
30.159
30,159
35.101
35.101
30.IS9
35.101
35,101
Mc•l￿bIl for ux• •Ethrfd
Reachln8 Peo
Moneywlse Plus
Severe Weather Beth-
Lottery
Houslngfltst
a)ildren In NeedlBulldlng
Blocks
Lelcester aty Councll
Additional Pressure Fundlng
ht projttt
Other
51299
299
19,365
113.957
19,365
113.957
21,568
21,568
20,927
20,927
20.674
10,000
69.936
20￿74
10,000
69,936
17.444
17.444
107A39
107A39
255.500
255,5(Kl
198,109
198,ll
Income from tharftat4e •¢tlvftles
unreStrf￿ Restrkt•d
funds
fvndi
2024
ndi
2025
1024
Ch•rlt•bh artl%ttl•s
Other Income
3,635.532
546.383
4.181915
3,203034
560,137
3,764071
Indud•d YAthln Unr•rtrlct•d Incorn• lor 2024 v•Jatlnsto Houslry Sth•mM •rn th• followl
Board and lod8ln8 and rent retelpts
Housin8 benefft5 recelpts
Bad debts retoveredllwrltten offl
£341925
£3.390fft6
4635A32
-20-

AcfioN HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANaAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
InMm• from ch•rft•bl• •¢ll¥ltl
ICgnllnu•d)
In¢lud•d wlthln R•strlthd Incorn•for 2024 r•11t￿ to HoudrySth•mw orn th• follow1￿.
Paomm(KlatlDn Based Hou51ni Related 5uppprt
Communltles Trnnsltlon Fund
Protect Scheme (Flora Lodgo)
£319N76
£61687
£1
Kome from olhor trnd1￿ aclmtles
Unre#rkted Unr•strk
lundi
lkndi
Fvndralslng everts
15,016
11302
Unr•rtrlelad fvndl:
Actlon Trust
Tot•1
20
202J
£15.016
£16302
In(om• from lThv•rtm•nts
Unrestrkted Unr•5trl(t•d
funth
fimdi
21123
Int•r•tt r•c•lvabl•
IL928
21-

AcfioN HOMELE55 {LEICESTER> LTD
NOTES TO THE FINANCIAL sfATEMEKrs IcoKriNUED)
FOR THE YEAR EPIDED 31 MARCH 2024
Expondltwe on r•l4rqfvrnls
fundi
2014
funth
Costs ol
886
1.597
loa8
2￿81
303
29h57
'ststlonery and publlcatlons
Trainln8 and communkations
Audtt and professional fees
Other fUndrnlsI￿ costs
L950
953
31￿12

ACTION HOMELESS {LEICESTER) LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOA THE YEAR ENDED 31 MARCH2024
Exp•ndfturn on Charftsble athftles
Houslw awltsbl•
Hou•lw (knbl•
sthemqs
aclmtlos
2023
2023
2014
Dlrnct colts
80&120
S918￿ L498.920
1.043.838
576A99
Depreclatlon and
Impalrment
Premls•s costs
Manaprrvant char8e
Charltable expendlWre
Caterln8 colts
Communlcatlons
Strtsone￿ publkatlons and
publlcity
rr costs
TV rental and Ikenses
Bank charyes andfees
Rene￿dIS (Misc)
Motorand tr￿1
Welfare
Tralnln& meetin8$ and stsff
develowmnt
Grants repay4bl¢
Other charltable
exp•ndlture
97,681
1.102,315
86,359
(611
35.605
17,n2
31831
49.252
130.512
LIS1567
86,359
48.5%
35,605
17,997
{376.379)
521.214
562,613
700
36.750
12A19
4U30
113.003
12,081
6379
422
1333.549)
634217
574,694
7.079
37,172
27333
48.657
275
179
1.606
954
4564
14.143
5A08
67.564
48,136
13.105
5,739
2.sll
7,145
3,975
582
49.0
L977
1250
L113
4888
9,395
12.537
67,564
44.7
11729
L852
582
58.725
17.616
3.374
376
3,887
9.710
11042
6,BB6
L020
525
525
140
4A94
4634
IOh58
10.458
2304A82
834.716
3.139,198
1.933.118
804.500
2.737.618
Shire of supwt and 8overn•n¢e ¢o%ts lsee not• 9)
Support
Go%*rnance
656.004
15LB85
481.053
130,682
481.053
130,682
15¥885
3.111371
834.716
3.947.087
Is44￿3 804,5fy) 3.349.353
An￿￿1 tyfvnd
Unrestricted funds- yneral
Restrkted funds
3,111371
3,112.371
834.716
2,544.853
1544.853
834,716
8L4500
3,1113n
834,n6
3,947,087
8(4500 3,349,353
-23-

ACTION HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR 7HE YEAR ENDED 31 MARCH 2024
pport •llo¢thd to artMtI•B
2023
stsff costs
Premise$ COA5
Commuftl¢•tlons
ststlonery• pubIkntlo￿ and publklty
500.761
17.156
13,726
1661
17,172
9.642
1,186
13,382
5.159
69376
5,784
151.883
358,346
10.974
3.250
17,304
7,253
678
14732
1.581
47A28
4.123
130.681
Tralnlr
Travel
Audlt & profe551onal fees
M••tlng & staff
Sundry othero)sts
Vehlcle vosts
G(y4arnance costs
611,735
Anilys•d battv••n:
Charttoble Actlvltles
807,889
61ITJ5
ao¥en*nM ¢o%ts
. Stsff costs
Audltf¢
Prem1￿$ eosti
Communlutlons
Ststlonery & publlcatlons
58.913
10.223
7,878
1.797
6J86
17,172
49,514
158
6,816
9.763
IM37
7,799
17304
45,405
Sundry otherc05tS
151083
130,682
Nat In fund5
The net movement In funds Is stited afterchar8lngl{credlUn81:
Fees payable forthe audlt of the charlty's fimndal Statements
Depreclatlon of owned tsn8lble flxed assets
Reversal of past impalment of tsnglble flxed assets
18,080
130.1)68
1463.617)
130.512

AcfioN HOMELESS (LEICESTER) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
li Trwt••s
Nane of the trustees lor ary persons connected wlth them) recel¥ed any rernuneratlon durlni the year {2023- £0).
Trujtee upeD5es of £206 wère pald duTlnsth• ￿ar.
Emplo￿•
The avern8e mohthly numberof employees durf￿% the year wa5:
20
Number
Numb•r
Chlef Executlve
Houslnl Scheme5
Admlnlstrdtlon and suppLYt
CleanlnKIMalntenance
27
io
51
Enwloym•nt
Waw and salarfes
Soclal securltycorts
Oth•r p•nslon co#s
1,885,587
144,1
58.352
1,857,
53An
1,088052
2.04L920
The number of empltyfftes whose annual remuneratlon more than £60/*￿ 15 as
folbws:
I￿rnber
mber
nd £700OOto £80,(IXI
Bmnk £80.(￿ to £90.000
Remuner•tlon of m•M8•￿•nI p•rnonn•l
Th• r•mvnerntlon of key management pernonnel asfollows:
2024
re8aip compensjtlon
231823
213.131

AcfioN HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANCIAL STATEMENTS (COhrriNUED)
FOR THE YEAR ENDED 31 MARCH2024
IJ Taxatlon
The th•rltabl• comwny 1$ •x•mpt from corporatlon tsx on Its tharltsble ath￿18$.
knpalrmerts
Reversals of prevlous Impalmient losses hw• b••n r•eoinlsed In profft or loss ￿fOllOWI.
In respert of:
Property• plant and equlpment
463,617
Tarylble tsd ¥sets
Frn•lwld S¢h•Th* HthM• Al•l•rv•hldw ¢•rtrnl Oll*•
&Mlllr•
At l Awll 2023
254,502
47A27
25.329
3,865,286
At 31 Marti 21)24
3.538.028
254.502
47A27
25,329 3,865.286
D•prncl•tlon and Inylrm•nt
At l Aprfl 2023
Depreclatlon charged in the year
847.282
125.189
254x12
31,016
25.329
1.15&129
130,512
At31 Ma￿h 2024
972A71
254.502
34339
25.329
1.288.641
C•rrylw amowrt
At 31 March 2024
2,565,557
IL088
2.576.645
At 31 March 2023
2,690.746
16AII
2.707.157
3 oudlned under the accourtln8 pollcles it the end OF oach ￿￿rtInB end thte, the charlty revlews the canylni
amounts of fts tan8lbJÈ assets to deternilne Vrt￿her there ts any IndiGitlon that those assets ha¥e suffered impainnent
los&
For the ended 31 March 2024 the Trustees consldered the valuatlon of the propertles It held and belleves
them to be approprfate and therefor• no further r•vers•l of prevlous Impalnnent losses was conslderad necessary as
the valuatlon of prnpertie5 a￿ belleved to be In Ilne wlth open market ¥41ues.

ACTION HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANCIAL sfATEMENT5 IcoKfiNUED)
FOR THE YEAR ENDED 31 MARCH 2024
2023
Arnountsf•lllry wlthln om >wr'.
Trade debtor5
Other debtDrs
Prepayments and accrued Income
3C￿,695
103,8C6
129.507
248,691
73,245
49.154
554,008
371,090
i? Lo•M Ind Ovwdr￿l
2023
8ank lo•n$
769.207
789,496
Papble wjthln one year
Pffjqble aft•r on• par
21388
747.819
2¥261
768,235
The long-term loans are securnd by lI￿d chary8 ov•r ei8ht of the tharltyts frnehold propert1•5 wth tolal carrylni value
of £1964,45012023: seven propertles at carrylng value of £1.221947).
The bank IDan bear5 Intere¥(15 •t 2.75% above Bank of En￿and bale rats• pro¥lded th•t ff the Bank of En8land base r•t•
lowerthan the Bank of England base rate appllcable tothe loan shall be deemed to be OAI%.
Some of the103n has been trnnsferred to a newfixed rats of 4.1%.
Cr•dltm: •nvJun15falllry wlthln on• y•ar
2024
Bank loans
Other ￿X￿lon and soclll securtty
Deferred Income
Trade uedlto
Other credlto
Accruals and deferred Income
iy
21.388
34.996
65.540
209.198
79,001
194.969
21.261
30,835
97.wi
IYJ,503
83,712
165.611
605.092
19 Cr•dltgr% amounts hlllry du• aft•r mor• th•n y••r
2023
Bank ￿n5
17
747.819
768.235
-27-

AcfioN HOMELESS {LEICEsfER) LTD
NOTES TO THE FINANCIAL sfATEMEKfs (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
20 Dthr•d Inrome
Arlslng from Grnnts In ith•nce
97.101
Deferred Incom•15 Includod In th•tlnandal statements asfellows:
Deferred Income Is Indudedwlthln:
Current Ilabllltl•s
é5.540.
,ioi
M￿rnInts In the ye8r:
Defe￿ed Incom• at l Aprfl 2023
Released from prevlous perf1￿$
Ile50urcu deferred In the year
97.101
{31,$61)
27,504
69.597
Deferrnd Income at 31 March 2024
97,101
21 R•tlr•ment benefft s¢hem
IY
D•lln•d contrlbullon
Charp to profft or loss In resyct of deftned contrfbutbn schemes
58.352
53,4n
Th• charltsble compary oprates a deflned contrfbutlon penslon scheme for all qu•iffyrfn8 employees. The assets of the
schom8 arn held Separately from thos• ofthe tharltable company In an Independently admlnlswed fiind.

AcfioN HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANaAL STATEMEKf5 (CONTINUED)
FOR 7HE YEAR ENDED 31 MARCH 2024
12 R•*rfct•d fvn
The Income funds of tha ch•rfty Include restrfcted funds coff4>rtslng th• fol1cm1￿ un•xpènded balane•s of don￿10
and 8fdnts held on trust for specffic purposes:
At I P•rfl 2023
Incorne ExP￿dI￿re
Transkn At 31 M•ffh
Sundry y4nts
Housin8 related support (ontrdrt
Henry Smlth- Houslng Flrst
EmergenLV Wlnter Beds Lott•ry &
39346
483,696
113,957
145,271)
1483,696)
(113,9571
40039
(40,039)
Communltles Trartsltlon Fund
{NHSI
Se¥ern Trent
Llght Prolett
Chlldren In Need fBulldln8 Blocksl
Lelce5ter aty Councll- Rlknt To
61687
(62.687)
(29￿90)
(lo,0￿)
(21.5681
io.c
2L568
251,528
(27.5081
224￿0
264,377
80¥883
1834,n6)
23l544
PrvAous ￿r.
At l Aprll 2022
Intom• Exp•ndltur•
Tran•f•rn At JI Mffth
Sundry8rnnts
CommunltlesTran51tlon Fund
{NHS}
Pret a Mange
Chlldren In Need (Bulldlng Blocks)
Moneywlse Plus Reachlni People
Lelcester Ctty Councll- Rl8ht To
Buy
World Habltat Grant
Lelcester aty Councll Addfth)nal
Prnssure Fundl
Accomodatlon Based Flouslni
Ral•tsd ￿pport
17.510
286.684
(2915631
218
11849
59,655
159,655)
13,324)
(20927I
(52J991
3,324
20,927
51299
289.479
(37.9511
(IA611
251.528
&861
17.444
(17W)
319.476
(319,476
310313
758.346
1804,51101
218
164,377

ACTION HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANCIAL sfATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
23 Wnthd fundB
At I APTN ￿25
rnf•rn At 31 M•rth
Property Fund
De￿lopl1￿nt Fund
Dllapldatlon Fund
Cortlnpncy Fund
1.170.000
878,750
163380
199,123
1,170,(
s￿,[
ITJ.780
243,117
62¥250
IoAoo
43,994
141L253
675.644
3.086.897
Prevlous year.
At l Aprll 2022
Tr•nslern •XJI M•r¢h
2023
Property Fund
Dllapid*ion Fund
Development Fund
Contlnpncy Fund
170,(
151980
803,750
194131
I,170,￿10
10,400
75,(KKI
878,750
,123
2J20,861
I41L253
Unr8strltt•d fvnds
At i Aprfl 2023
Inc•m• Exp•ndlturn Tr•rnfwJ At JI M•rth
General Fund
Revaluatlon Fund
General funds
1(65.222
3,740928
(3.147.9851
1675,644)
982.521
67,968
11.398}
(13981
L133,190
3,740,928
(3,149,383)
{675.6441
1,049091
P￿￿QUI >•ar.
At i Aprfl 20
In¢pm• W•ndliur•
Transf•rs At JI Mar¢h
General Fund
Revaluation Fund
459,748
67.968
3.267.165
(I57L081
(90,610)
065,22Z
527,716
3,267,165
12.571.IXII
(90.6101
1,133.1

AcfioN HOMELESS (LEICEsfER) LTD
NOTES TO THE FINANCIAL sfATEMENTS IcoKfiNUED)
FOR THE YEAR ENDED 31 MARCH2024
25 And￿1• of n•t aM•ts b•tw•ffi funds
Unrqrtrfrted tlesknatod Rertrkted
funds
fundi
2014
2024
At 31 Mirth 202
Tanilble assets
Current a55ets/lllabintfesl
Lofft8t•nn Il*bllkl•s
1.181625
614285
1747,8191
1.170,0
1.916.897
224020
7,514
2,576.645
1747.819
LlJ49.091
3086￿97
23L544
4.367,532
Unr•#rlcted
fun
D•slin•tod
furn
2015
Resirfrtod
202J
2023
At 91 MArch 202&.
Tan8lbl• ass•t$
rrent assetsllllabllltlesl
Long term Ilabllltles
1,285,629
1.170.rxio
1241.2S3
251.528
12049
2.707.157
I￿69.893
P68.235)
{768,235)
1.133.190
2AII353
264,377
3,808A20
Capltql commltm•nts
202a
Acqulsltlon of property. plarrt Ind •qulpmint
LI45￿7
Prfor to th• end of th• yur the tharfty entsred Into ne8Otlatlons for the purrhase of 7 prupertles from Rktrslde
propertles whkh would c05t £L145,827.
Port 8al•nt• Sh••t Ev•nts
Prlor to the end of th• flnanclal ￿•r the charlty enternd Into n•8Otlatlons to recelve slgnfflcant grants towards a
rnprehens￿ r•furblshThnt of 10 5t Terrace. The totsl cost has.yet th be quanthed Ixrt the bu(*•t•d
pendlture should not exceed £900.orKI.
These ara con51dered to be p05t llalance ffitnt
Rqlthd ￿rty lrnnActk•M
There were no dlsclogibl• rnlJt•d party transactkJnJ durI￿¥the yoar1202> none}.
31-

AcnoN HOMELESS (LEICESTER) LTD
NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
28 R•l•ted p•rty tr•nMcUons
{contIrn￿dj
There •rn common m•na8ement forktlon Trust (Lelcester) Ltd •nd Actlon Homele￿ (L•lcoster) Ltd. Tho idmln15htl¢
of kth)n Tr￿t (Lelcestsr) Ltd ts (arrled out byArtlon Homeless (Lelcesterl Ltd.
Durfni the year Actlon Hornelo55 ILelce5ter) Ltd ￿Charged manayment fEe5 and oth•r c05ts to Artlon Tnut ILeicestor>
Ltd totallin8£5,634 {2023: £6&853} and were Involced £26.51912023: £3I0941 for seNlces carrfed DUL
A% * the year end the balance 0￿1 to Actlon Hom•l•ss (Lelcester) Ltd by Act1￿ TnJt (Leicester) Ltd was £9,706 after.
wrtUn8 off Irrecovernble amounts of £IOA5812023: £41W).
Cmh 8onernted from oper•tknM
Surplusforthe ye•r
558.712
649.930
ustments for:
lrnwestment Income re¢ognlsed In statement of flnanclal acU¥ltles
D•pr•clatlon and Implrment of tlxed ws•t$
160,221)
130,512
(IL928
1333,549
Movements In worklng capltal:
Ilncr•as•l In d•bto
Increase In ¢redltD
(Decm￿l/1ncr￿• In def•rred Income
1161918)
78,503
131,561)
185,221)
SS.510
69,597
Cath Dn•rthd from op•rth•
513,027
344339
AMly* of ¢h•nDi In Ii•t fvndi
Atm M•hth2014
Gish at bank and In hand
552,959
1609.790
Loans fallln8 due wlthln one year
Loans fallln8 due after morn than one yar
Pl.2611
1758,135)
(12
20A
12L3881
1747,8191
1367,335
5TJ,248