RogiSter•d number: 02390375 Charity number: 802013 ST MARTINS HOUSING TRUST (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 ST MARTINS HOUSING TRUST (A company limited by guarantee) CONTENTS Page Referenco and administratlvg dotalls of thè Charlty, Its Trustees and Advlsers Trustee's report 2-15 Indopgndent auditorfs rnport 16-18 Stat•monl of flnanGial actlvlti•S 19 Balance sheet 20 Cash flow slatement 21 Notes to the linanclal Statements 22-34 ST MARTINS HOUSING TRUST (A company limlted by guarant•o> REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31st MARCH 2021 Tru5taO Mr C Bland, Chairman Mrs K Daynes, Vi¢e Chalrman Mr D Hoy, Treasurer Dr J Blyth {resigned 24th September 2020) Mrs C Ward Idiod 231d November 2020) Mr K Long Mr N Williams Mr P Walker Mr D Brief Dr C Yales MT K Gorton (appolntsd 8th June 2020} Dr R Barnes (appolntsd 241h Septemt¢r 2020 Cornpany reglstornd nurnbor 02390375 Charlty reglslered numbor 802013 Raglstored office 35 Bishopgate, No￿lch, Norfolk, NR14AA Company Secrotary Ms l Yates Mills & Re6v6 LLP, 1 St James Court, Whltefriars, No￿lch, Norfolk. NR3 1RU Chlef Ex9￿11¥? Offl¢er Dr Jan Sheldon Indepondent audltors MA Partners Au¢lt LLP. 7 The Close, NoNknh, Norfolk, NR14DJ Banko Bardays Bank PLC. 3 St James Court, Norwich, Norfolk, NR13 1 RJ Sollcltorg Mills & Reeve LLP, 1 St James Court. Whltefriars, Norwich, Norfolk, NR3 1RU PaBe I ST MARTINS HOUSING TRUST (A Company Ilmit•d by guarantO0) TRUSTEES. REPORT FOR THE YEAR ENDED 31st MARCH 2021 The Trustees, stho are also the Director5 of Ihe Charity for Ihe Fiurposes of the Companies Act. present their annual activities report together with the audited finanGial ststemenls of the Charity for the year 1￿ April 2020 to 314t March 2021. The Annual Report serves the purposes of both a Trustees. report and a directors, report under company law. The Twstees confirm that the Annual Report and financlal statements of the Charity CoM￿Y with the current slalulory requirements. the requlremenls of the charitable company's governing document and the provisions of the Statement of Recommended Pr8clice ISORP) applicable to charities preparing their accounts in accordance with the Financiar Reporting Standard applicable in the UK and Repuljic of Ireland (FRS102) (effective 1W January 20151 as amended by Update Bulletin 2 leffect¢ve January 2019). STRUCTURE. GOVERANCE AND MANAGEMENT Constllutlon Sl Martins Houslng Trust {Ihe Charrty) is a charitable company, limited by guar8nlee. whlch was incorporated on 30th May 1989. The Charrty was intiially eslabllshed under a Trust Deed dated 6th November 1974 with the objectSv8s of "providing shelter and f¢)od for the poor persons in the City of Norwich. In 2004 the Trusl Deed was amended in order to extend the remit lo the County of Norfotk. The Trust Deed was further amended in March 2013. The Charit￿$ prlncipal activity during th8 year remained the "provision of food. shelter and 2ccommodallon in the City of Norwich the county of Norfolk for poor, homete5s persons (male and female).. Strategi•s for xhlevln9 objectlves The strategic obje¢tives of the Chartty, as detsiled in the amended Trust Deed (March 2013}. are.. l. To provide shelter 8nd accommodation in iha County of Norfolk for poor p8rson$ aged 819hteen and over having no olher residence or place to sleep To provide s0¢i81 housing and any other purposes rnnr￿th8d *4th. or incNJentsl to. the provlslon and management of housing, social housing and accommodation foi persorts aged eighlw and over, and ill. To carry out such other tharltable activities as Ihe Trustees may delemiine. The Amended Article5 of Assoclation were filed at Companies Hou$e a￿1 Ch8rNy Commission In Aprll 2013. The Charity's Mi53i0n Statement is: ..stflve lo addre¥s the nood$ of homele$8 people, in Norwlch and Norfolk, by off•rlng omergèncy accommodatlon, residentlal care, support and dovelopm•nt to enable ￿eryOne to achieve thelr full potential and a gr&thr1ovo1 of independonco. Trustees have developed. and constantly review. a number of organisational and operational pollcles that are consistent with their objectives and obligations as a r6gistered charity. a qualty provider of care and support to very vulnerable adults. a responsible landlord and an employer of 173 staff. Policles adopted for the Inductlon and training of Trustoes The Charity has a clear policy for the ￿C￿lIMent of new Trustees. Nominations are considered from any sourGe but potential Trustees are expected lo bring specrfi¢ skills andlor experience lo the Charity. Trustees are expected to take an active part in the governance of Ihe Charity and lo give freely the neGe5S8ry time and Commitrnenl lo their roles. There Is a Role spec￿l¢allon for Trustees and a selection procedure based upon Ihe guidance provided by the Charilles Commission. There is a Gompreh8nsNe inductDn programme for new Trustees. The Trustee recruilmenl process was reviewed in November 2020. Page 2 ST MARTINS HOUSING TRUST IA company Ilmltad by guarant•e) Organlsatlonal Structure and declsion maklng The Trustees are ultimately responslble for the management of the Charity Ixrt the day-to-day operations are carried out by paid staff. There is an agreed Scheme of Delegation {introduod in 2018 and ￿vieWed annuallyl- The governing body of the Charity is the ExecutNe Committee which is composed of Tfuslees. plus the Company Secretary {￿0 is not a Trustee). They meet al least 6 times a year to receive ￿pOrtS on the operation of the Charity, monitor ils financial stsbilily and approve policy. The Chief Executive Officer ICEOI, who reports to the Trustees via the Chair and the Execullve Committee. is the most senlor employee of the Charity and is responsible for managing the Charily's services, advising the Trustees on all matters related lo the operation of the Clarity its future direction, and ensuring Ihal all relevant matters are brought to the attention of the Trustees. Reporting to the CEO are the Executive Directors and Managers of the various Servi￿S and the support functions of the Charity. Related party relationships The Charity Continues lo derNe benefit frorn membershlp of Homeless Link (the national body who tsup￿rt IK)rnelessnes5 agencies). The Charity is also represented at a range of local Strateg￿ and operational planning meetings including the Greater Norwlch Homelessness Forum (part of the Greater Norwch Housing Partnership) and the Norfolk Strategic Housing Partnership. Rl$k managornonl The Trustees are a￿Ore of the requlrement to identify the major risks to which the Charrty is exposed to and lo establlsh systems to miligale those rlsks. A RLqk Register 15 updated and approved on an annual basis by the Trustees. prior to the adoption of thi$ Annual Report and Financial Statement. In the Register the Trnslees have Identified the followTng areas of the Charit￿$ activities where there may be exposure to risk.. Governance and managomenl Operational FundraisirKJ FinancSal External relations Compliance Wbth regulallons Risks as50cialed with welFare refomilolher Govemment pollcy changes SpeGial prol#ts OBJECTIVES AND ACTIVITIES A brlof hlstory of the development of sgrvlcas to hom•l¢ss pwple In Norwlch by St Martlns Housing Trust In 1972 a group of volunteèrs began to Provide services to people sleeping rough on the streets of Nowch. The then Dean Alan Webster was so concerned about rcwgh sleepers that he provlded sheller in his garage in Norwich Cathedral Close kindly provided by the Bishop al the tlme, the Rl. Revd. MauTiGe Wood. Subsequenlly Ihe diocese made the redundant church of St James. Po¢klhorpe available in 1973 and Sl Martins {Sl Martins Housing Trust as it became) opened th8 doors of the firsl Norwich Night Shelter. The ne￿Y appointed Bishop Ihe Rt. Revd. Graham Usher maintains a keen interest in the aclivllles of the Charity and made a visit to Sl Martins on the day of hbs appolntmenl was announced14th May 2019). In 1976 the Nighi Shelter was re-located to St Martin$4n-Ihe-Oak In Oak Street Norwich, a church buildir 18ased from Norfolk HislNic Churches Trust.. It remained open 365 nighls 8 year until February 2002. Regrettably there are still people sleeping rough on the streets of the city. However the Charty now wovides far more Ilmely and ￿Mprehens￿e range of services to meet their needs. Page3 ST MARTINS HOUSING TRUST (A company Ilrnltod by guarantoe) Following publi¢ fund-raising campaigns and partnerships wlh N0￿ch City Coun¢il. Norfolk County Council and Broadland Housing Group, the Charity succeeded in developing Iwo purpoS￿bU111 residential facilrties. In 1989 Sl Martins House in Westwck Street was opened (and re-furbished and Tfropened in 2009 as Highwater House, a 22-bed speciali51 "dual diagnosis. registered care homel- In 2003, to finally replace the long-serving Night Shelter in Oak Street, 8 30 bed direct access hostel (Bishopbridge House), was opened. Highwaler House is owned by the Charity and Bishopbridge House owned by Broadland Housing Group. In 2017 we expanded this faalily lo 37 beds (including a sit-up service). For 20 years up lo 2014 the Charity also leased a property from Norni¢h City CourKrl - a second ftgistered ?re home kn¢)wn as Carrow Hill Home. This Wi¢torian property was vacated in June 2015 when a 15 year lease commenced with Norwich City Council on 'Lakenfields'. Lakenfields is a 1960's-buitL 33-apartmenl shellered scheme for older people. deemed no lonoer 'fit for purpose" by Norwich City Council. Following an extensive refurbishment programme by the Charity the scheme was re-named Webster Court and officially opened on 23 June 2015 by the widow of the former Dean of Norwith Cathedral Alan Webster, a great supporter of the Charlty In its early years. During 2018 thé Charity negotlated wth Broadlan(l Houslng Group to tske over the management of thelr purposfrbulll hostel for 22 people at Dibden Road. Norwlch. A lease wa5 agreed until 2037 {wtth a number of break Glausesl. During 2020 a lease was agreed on a property in Recorder Road, No￿l¢h {The Old Reading Rooms) which has been redesigned to accommodate a 'Som8whèra Safe to Stay. emergency assessment and accommodallon hub. This hub has the potential lo support 16 people by getting them off the Streets before Iheir rough sleeping habits become entrenched and vKirking with them to suppyt them into mc*e secure and permanent accommodation. In addition to these 5 residentlal sftes (Highwater House, B1shopbr￿ge House, Webster Court. Dibden Road and The Old Reading Rooms) which offer accommodation to 130 people, the Charity leases a number of 3, 4, and S bed properties from Nor￿Ch City Council and Broadland Housing Group fc￿ 83 peopie... These properties are let by the Charity as sh8red accommodation Ilncluding a Dry Hou50) elther lo people moving out of Bishopbridge House. Dibden Road or, temporarily. to people who are claimiro that they are home18SS through no faull of their own and whose homelessness ststus is being assessed by the Cty Councl under the Homelessness Reduction Act 2017. In addition lo the accommodation listed. Si Martins also provlde5 an 11 bed unit on Magdalen Rd. This unrt is for people who have signfficanl mental ill health and who. wllhoul support, would ts likely lo be sleeping rough. The Charity provides accommodalDn for 12 people al Bakery Court as part of the service to delfver mental health suppori across Norfolk. In total Sl Martin5 provides 236 beds lo people who are homeless Of al rlsk from b8iThJ homeths. The Trustees realised sever81 years ago that the provision of temporary a¢¢ommodalion (or even long 8t8y accommodation for the very vulnerable homeless population) was only a partial 501ulion lo the problems experienced by mosl people who are homeless or al risk from homelessness. Under One Roof has been designed to provide leaming, personal development and voGatlonal preparation opportunitK8S for any of the people who us& our Charity s services. Providing a solid financial platform for Under One Roof (which falts outside the funding interests of stalulory authorltles. particularty in these Ilmes of auslerilyl is an ongoing challenge for Trustees. However in 2020 the Charty was awarded National Lottery funding lo support people with their wellbeing during (and followng) the first Covid Lockdown. The Truslees also acknowledge that the prevention of homelessne55 wherever p)s$ible is IMP￿￿￿1. To this end Community servic*s and a 5pecialKqt mental health drop in project18ridgesl have been developed. During 2020r21, in partnership wKh Norfolk and Suffolk Foundation Trust INSFTI we have also provided a mental health Crisis service In the evenings (Under One Wingl.This work helps to redLKe the pressure on the Charity's Crig1$ SUPPOrt services. Page 4 ST MARTINS HOUSING TRUST (A company limlt•d by guarantee Durlng 2018 we completed the refurbishment of 4 and 6 BracorKlale wh￿h we inherited as part of a legacy. These properties have now been let on the ¢ommercial market and the ￿nI received is used to support the work of the Charfly. They are also an asset which can be used in future years if cash is needed. Also during 2018 TTU5tees agreed to sell the property located in East Runlon which was left as part of the same legacy. Due lo land related Issues this sale took considerable time lo complete bul the funds were recelved in August 2020. The funds from this sale will be used lo help to fund the new accommodation Fxolecl which foms parl of our 2019-2021 Slraleglc Plan. During 2020 Ihere wa5 a top level restructure to reflect the growih of the Charity to date an(i plan5 for gr0￿h in the short to medlum lemi. This restructure resulted in the creation of three new ExecutNe Director roles and an expansion ol the Senior Management Team in accordance wth the 2019-2021 Strategic Plan. St Martins entered The Sutxlay Times Best Not for Profil Companies to work for in 2021 and were rated as a top regional employer, wthin the top 30 national charllies and within the lop 11)0 medium sized national companies (exact rating not released unlil May 2021). Pollcles and Obj¢ctlv•s In setting objectives aThJ planning for aclivilies, the Tru51ees have given due conslderation lo general guldance published by the Charity Commission ￿latIng to public benefiL Key publications by the Commission are cortsidered pwiodically by the Trustees in particular CC3 Essential Trustee and CC8 Internal Financial Contrds for Charllies. During 2020121 the Trustees also reviewed ther performance against Ihe Charity Governance Code and have made some change5 to the way in which they operate (for examF4e further engagement wllh key stakeholders). St Martins recognises that several of the Trustses have served for longer than Is suggested by the Chwily Commission. However. these Trustees have a vast wealth of kno￿edge and experience and have a very helpful understanding of the history of Ihe charity. They understand the current operallng environment and support and challenge approwiately. The 81rategl8s adopted by Trustee5 for the period under review and in pursuil of the Charty's objectives have been to". Provide an advice and ac¢ommtxlatlon Service to homeless peorAe on the street5 of Norw¢h Manage the ChartWs five reslderstial slles (Highwaler House, Bishopbridge House, Dibden Road, The Old Reading Rooms and Webster Court), seeking at all limes to Provide good quality ac¢ommodation and high standards of care and other services lo all the residents and tgnants living iheie. Particular attention Is paid lo compliance with the approwlate regulatory and health and safety standards Provide a qualily landlord 5eNice to those tenanls sharin9 properb'e5 in either the Charills "Community Homes. or Temporary Accommodatlon. projects Provide a range of community support which helps to prevent homelessness Provlde a wde raro8 of learning, personal d8velopmenl and vocational preparation opportunities at Under One Roof for the people who use our Charitls servlces Continue lo work in partnership WFlh those agencies who, like the Charity, are dedicated to providing vulnera￿8 adults in our community with the p8rsonal resources Ihal will enable them lo achleve a greater level of independ8nce in the ¢ommunity. A¢tlvltles for achlgving objo¢tivès Cont•xt Actfviites designed to achieve the Charity's objectiv&s are described below on 8 project-by-project basis. The reporting year has been one of immense challenge with a worldwide pandemic which had the potential to take the lives of the people we support ar)d team members. Sadly one person in one of community homes caught CovKfj and died in h05pitsI. The pandemic placed a great Strain on team members in temis of Ihe additional Page 5 ST MARTINS HOUSING TRUST (A company Ilmltod by guarantee) infection prevention work staff 8￿knesS levels due lo isolation ￿qUireMentS and FosilNe cases of the VINS. Aspe¢ls of fundraising (for example Ihe Christmas ¢ollecllon were unable lo take pl8ce>. During the first Lockdown (March 20201 a nallonal requesl was made to 'ggt everybody in,. We, along with Norwich City Council and our partners supported over 1(Kl people into accommodation. 89% of those people have had posrtive outcomes. During the 12 months under revlew we have seen an increase in the all-round demand for our services, the rough sleepers count in November 2020 was 21 in No￿l¢h(lI was 18 in the previous yearl. We continue to see an Increase in the wmplexily of the presenling needs of peo￿¢ using our services and an increase in the lengih of time a person wails before suitable move-on. a¢¢0mModat￿rt becomes available. Servi¢•s to Homeleu People Pathways Norwich Pathways Norwi¢h was establlshed in July 2018. It Is a partnership of soven organisalions (Salvation Amy, Shelter. YMCA, The Feed, Future Projects and the Magdalen Group) led by Si Martins. The Magdalen Group joined Pathways Norwich this year in response to the growing number of women who are sleepirrfJ out or wh) in vulnerable housing situations wlth multiple and complex needs. Uslng th8 Making Every Adult Matter IMEAM) approach. Pathways Nopwich recruile(l a team a¢ros8 the partners to ensure a robust and holistic service. drawin9 on the strengths and resources of all partners and developing a team that include a number of specialists. The team specsali5es in welfare benefits and housing law. Specialrsl workers provide criminal justice liaison. young person's advice and support and housing related SUPPOrt. We also have a nurse prescriber in the team. Our Housing First workers are currently supportlng 10 tenants as part of the housing first project with Nonvich Clly Council. We have quickly developed an underslandlng of the very complex needs of individuals accessing Ihis fast track, supported housing option and understand that their heallh has become extremely compromised as a res4Jlt of ther CoM￿eX lrfe experiences. For this purpose we have recruited a Health Navigator to assist Feople to engage more effe¢lively with health care provlsion. During 2020121 the Charity received a grant from Norfolk Communlty Foundation's Survtving a Covid Wintsr campaign to offer 'slreel breaks. to people sleeping rough during the winter months. This has proved a highly Successful approach lo provlding people sleeplng rough wrth an 6mergen¢y offer Whe￿ no alternallve exists. This iniliattve has led lo greater levels of engagement with specialist support and ultimatety a more secuTr housing option. During 2020121353 people were assessed and 309 had pogltiv8lknown outcomes. We also monitor the number of people that are found sleeping rough in the Gity. During the year we engaged wlth 156 peO￿e during our morning oulreach, 58 of which were completely new to rough sleeping in our areo. 133 were male and 23 female. We s￿￿essfUllY housed 89 people in a planned way. 23 wople were already housed when we encountered them during outreach,. often people will continue wth St￿91 1ffest￿e and associated activities even when they have been housed. Blshopbrldgè Houso The direct acLess hostel has b8en a crucial part of the housing pathway for people sleeplng rough since 2002. It remains an effective and effKient servrce and Is in high demand. This service can house 30 people in the main hostel each nsghl and the new pathway5 beds Can house 7 people. During the year we delivered 85 posilive outcomes al Bishopbridge House. P8ge 6 ST MARTINS HOUSING TRUST (A company Ilmltad by guarant•o} The multiple and Complex needs experienced by many rough sleepers has had an impact on the direol access service. Bishopbridge House relies on housing providers in the area lor move on options for our residents and we are finding il in¢reasingly drfficult to identify suilable housing within the city that can provide the level of support needed. This means that people are staying al the hostel mu¢h longer than previously and therefore reducing the number of new bed spaces that become available. During the year we have seen a slight increase in Ihe number of 'revolvin9 door. residents (from 51 % in 2019120 to 57°A in 2020121 }- This is a trend we will m¢m¢tor in forthcoming years. Wllhin Blshopbridge House we also rnan￿e our No Second Night Out and Sit-up service which offers us a lolal of 7 beds for people coming in directly from the street and with 1000h nominalion rights to the Pathways Nornich outreach team. During this period we were unfortunately nol able to fully ulilise the Strt-up service due to il beir)g a communa space bLrt we were still able to support 52 people lo move on from thi8 service. 44 were moved on to more suitsble accommodation, Mth th& exception of one person they all moved into other Sl martIr￿ aG¢ommoJalion projects. Dlbdon Rood Dibden Road Hostel is a male only project and can aC￿mmodate 17 men In Ihe main hostel, wTlh 5 additional self.conlained flats. As a move-through hostel, residents are more settled and committed ￿ the reselllemenl proGess and will move on lo independent accommodation. usually with th8 ltxal authority. During the year we saw 12 people move on from this accommodation in a planned and positN8 way. Communlty Hom•s The Charity Currently lease fourteen properties wllhin the wmmunily, twelve from Norwkh City cour￿11 and iwo propertres from Broadland Housing Group, wlh a lolal of 52 bed spaces. During the year more beds were added by Gonverting existing spaces within properties. We recognise that houses of mulliple occupancy are not always the best option, however for Individuals who are used to the shaTed environment of hostel accrjmmodalion this can be a welcome transrtion before moving onto independent liviro. Durlro the year we saw 28 peopl8 move on from this accommodalion in a planned way. During the year we recruited a caretaker and a deaner in order to malntain the hlgh slandwd of cleanllness requlred al Ihe properties. Tornporary Accommodation The Charfly has a Service Level Ag￿ement wilh Norwich City Council to provlde temporary accommodatiof7 for 31 people whose homeless applicallon to the local aulhorily is being investigated under Part V11 of the Housing Act 1985. Once a nomlnated indivldual from Norwch City Council has baen Tisk-assessed and accepted for temwrary accommodation a room in one of our h¢Juses dedlcaled lo temporary accommodation is a11ocaled. The Charity ha$ 19 beds classified as 18mporary accommodation. 51 people exiled this Service this year. with 37 of those moving on in a planned way. The large majority were men180%1, of which 17% were aged befftn 18 -24yrs old. 25% of those leaving in a planned way were as a result of a full duty owed under the leglslation and were offered a Nomch City Council tenancy. Sornewhere Safo to Stay Hub ISStS) - Thè Old Readlng Rooms We were finally able to open the Ssts Hub on Recorder Road In November for 16 people. We do not have a full year of data lo report but $0 far we have seen.. 63 clients with issues varying in complexity were referred into the servw. 47 of those 63 entered the Somewhere Safe to Stsy Hub. 9 of those 63 were referred h¢)wever Ihere were no va¢ancie$ al the time. Page 7 ST MARTINS HOUSING TRUST (A ￿MpanY Ilmlt•d by guarant••) 7 of those 63 were referred however the ¢llent dèclined the offer. 35 people who did take up the offer moved Into suitable accommodallon. Donatlon Statlon The Donation SlatK)n has now been running for tsvo years. As part of the progressh)n of this Service we have recruited 2 ￿18￿1 apprenllces {who currently use our services). The volunleeis working at the Donation Sialion also use our services. Thls is an excellent way for people to get employmerrt rel8led experlence. The way in whiGh the Donation Station could operate this year was impacled by the Covkl pandemk. However, during the year 286 cbthlng vouchers were issued across various seivices to 143 indivldual people. The Donation Slalion also pul together 60 emergency packs for the 'Gel everyone in, initiatlve and supported people into move on accommodal¢on by providing household items. Foundations Projo¢t St Martins has been commissioned by the Office of Police and Crime Commissioner for Norfdk Io FYoviIIè intensive. specialist support lo repeat offenders leavlng prison. As part of this offer there are 10 single occupancy flats available that are provide(J by Broaéland Housing Group which cat) be offered on a Housing First basis to thos8 wlh the greatest need. The aim is to engage individuals with a comprehenslve support package that will PTevenl reoffending and further custodial sentences. Nol all properties have become available during this reporting period but we anticipate a full comptement during 2021122. XL Cfrntro The XL Centre is located wilhin the Under One Reof facility and was formally leased to the City Reach team to provide health care lo people who have drfficulty accessing mainstream GP Services due lo their homeles5 status. City ReaGh gave notice on their lease due lo a change in commlssioning arrangemenl whth prompted the Charty to iedesign Ihe use of the sp&• following con$ultslion wth stakeholder5. The Vulnerable Adult ServiGe (that replaces City Reachl lease space wlthin Ihe building to contir￿• lo provide servlces to vuln&rable adults. In addition, the Charity have submltted a planning request to Nomch City Council to further develop the space lo offer an opportunity to provide a comfortable, Psychologi¢alty Informed Environment {PIE} for people lo meet with Ihelr support providers on a range of subjects. This could include bul is not exclusive lo the DWP, Probation Services. PalhwayB Houslng and Support. Health and Wellbeing Services including the Addiction. Diverslon. Disruption, Enforcement, Recovery (ADDER) prolect which provides support and t￿atment for offenders wilh complex substance misuse issues. Alongside thls we will pmvlde a coffee service which wll be delivered by people who use our services as volunteer's or apprenliGes, offering trainlng and opportunities that will bring them closer to Ihepb market. Caro SeNice6 Hlghwater Houg• Highwaler House is reglstefed as a Care Home for 22 adults who have a ¢Jual diagnosis la mental health illness and a history of $ubstance abusel.11 is a wet facililf meaning people can drink alcohol on the premises in a managed environment. The facility is the only dual diagnosis registered care home In Norfolk and as such receives nominated applicants, via NorfcAk County Council (A(lull Services). from across the County. In 2017 Highwa18r House successfully won Its lender and. with a detailed service specifution, now provides a new approach to the care of reshdents by eJeating a Psychological Informed Environment IPIEI. The day-to-day running of th8 home consistently takes into account the psychological and emotional ne￿8 of each resident including Ih8ir thinking. emotions, personalities and past eXper￿nces. 11 is an approach to supwt peD￿e out of Page 8 ST NARTINS HOUSING TRUST company Ilmlted by guarantoe) homelessness and social isolation diagnosed with a personalty disorder. The PIE model also helps $laff understand where sometimes challeroing behaviours come from and lo w)rk mL)re creatively and constru¢lively with challenging behavlour. Rather than slmply providing ¢are and support lo group of vulnerable adults with ¢omplex behavioural issues the PIE approach is impro*ing th8 confidence and 5elf-esteem of residents and improving the qualty of their Ilves. All 22 residents al Hlghwaler House have experienced homelessness. or have been so vulnerable because of their POOT health that they are Unable to look after themselves. This combination of health conditions and the trauma of homelessness signrficanlly affects how the resldenls respond lo wider society and its Social conventions. The experlenced staff team provide 5UPPOrt and ¢are wlh an emphasis on posilNe ￿latIonShIps. During the reporting perlod 12 people were referred lo Highwaler House, there were 5 admissions 8nd 6 departures (4 people moved on and 2 p8ople died). The majority of residents were aged 40 to 60 years of &Je. Highwater House had an unannounced inspection by fvdo inspedors from the Care Quality commiss￿•￿ on 1st M8rch 2019. The inspection was to check whether Highwaler House was meeting its legal requirements and regulations associated with the Health and Social Care Act 2008. to Sook at the overall qUAIty of the servlce. We were delighted lo receive a iating of Outstanding,. only 2% of care providers across England and Wales have receTrved this raling. In 2020 the team YK)n the Care Home Team Award in the Great British Car& Awards {national). A S slar rating was also awaTded lo Highwaler House by the local Envlronmental H8aith department for the high standard of tis food hygiene (for the eighth year runningl- W•bst•r Court Webster Court provides support and care for people over 50 years old, are frail and have a mental heal illness such as dementia. and possibly who have alcohol or drug misuse problems. 11 is a str￿11ered housing scheme that has 33 tenants all of whom have experienced homelessness or have been vulnerably housed in th• ￿cent past. The scheme inciudes 8 wheelchair accessible apartments. Care and support hours vary from 6 hours per week up lo 16 hours per week for people who need higher levels of assislanct lo maintain their independence. The scheme has staff on sile 24 hours a day. People INing at Webster Cwrt live Sndependently and manage their owm tenancios. There are 33 apartments Comprising of a kitchen. lounge. bathroom and bedroom. There 15 0 IrfL communal laundry. sensory garden5 an(i communal lounge areas where residents can meet for social gatherings and events. Sadly, the use of communal space has been restricted durlng 2020121 due to the Covid pand&mi¢. During the rewling year a number of improvement5 were made to Webster Court including adapta110r￿ to some of the bathrooms into wheelchalr accessible wet rooms. The property is leased from NoThvich City Counal. All referrals musl be made by a social worker who would have presented and confirmed the placement fundiThJ ￿th the Adull County Councll funding panel. Webster Court was inspected by the Care Quallty Commlssion in January 2020 for the delivery of personnel care, il receNed an overall star rating of 'gr￿.. The scheme is accredited and wislered for end-of-lrfe care with the local Clinical Commissioning Group arKI have adopted the National Institute of Clinical Excellence 9uidglines and their six-$lep programme. The team won the Norfolk Care Awar(1 for Best End of Lrfe Care in 2020. in particular Ihose who have experienced compiex trauma or are Page9 ST MARTINS HOUSING TRUST {A company limlt•d by guarantee) During the year there were five deaths, two admi5sK)ns and three se¢lion 21 notices {Housir¥J Act 1988) served. Servlces doslgned to promote Indepond•nt Llving Brkl9e8 The Community Resource Cenlre (Bridges). contract with the Charlty commented on 1st March 2018. T aim of thi5 servlce is to offer a dynamic but safe environment for people wlh severe and enduring mental health problems. The service is designed lo help individuals be more socially included, have incraased confidence and increase(J seff-awdrerw6s through a variety of proactive reenvery inlervenlions. We provide a wide variety of social activities, self-care activities, and confidence increasing activities. This Kirk is helping lo prevent homelessness. Due to Covtd government guidelines we had to close the normal dellvery of Bridges on 26th March 2020. We created a new delivery model thal was compliant wtth Covid safely regulations. Ea¢h member was risk assessed based on Ih8ir vulnerabilities, hea￿h & wellbeing social Isoiatlon. Each were offered face-ttrface or One-t￿0￿ phone support d&pgnding on their risk assessment OLrtcome dur￿lg lockdown. As restrictions moved and ehanged Ihroughout the year we tailored our Support delTvery to meet the needs of our members. We divided the members into UVOUPS of 6 and wilh som8 extra funding we received from the Clinical Commissioning Group ICCGI we were able to éeliver 6 sessions for 6 members per week. Each group was delivered to capa¢lty each session. Magdalon Road The Charity leases three adjacent terraced properties from Norwich City Council. After refLYbishment In 2013 11 selfryconlained tenancies were created plus office space for visiting staff. 6 lenan¢ies are studlo flats with en-suite bathrooms, and 5 tenancies are bed-sits with en-suite bathrooms. The project as a whole ￿Presents move Page 15 ## **ST MARTINS HOUSING TRUST** ## **(A Company Limited by Guarantee)** ## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST MARTINS HOUSING TRUST** ## **Opinion** We have audited the financial statements of St Martins Housing Trust (the 'charitable company') for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements: - give a true and fair view of the state of the charitable company's affairs as at 31 March 2021 and of its incoming resources and application of resources, including its income and expenditure for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report. ## **Other information** The other information comprises the information included in the Annual Report other than the financial statements and our Auditors' Report thereon. The Trustees are responsible for the other information contained within the Annual Report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Page 16 **(A Company Limited by Guarantee)** ## **ST MARTINS HOUSING TRUST** ## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST MARTINS HOUSING TRUST (CONTINUED)** ## **Opinion on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of the audit: - the information given in the Trustees' Report including the Strategic Report for the financial year for which the financial statements are prepared is consistent with the financial statements. - the Trustees' Report and the Strategic Report have been prepared in accordance with applicable legal requirements. ## **Matters on which we are required to report by exception** In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees' Report including the Strategic Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of Trustees' remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit. ## **Responsibilities of trustees** As explained more fully in the Trustees' Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Auditors' responsibilities for the audit of the financial statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' Report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: The objectives of our audit in respect of fraud, are; to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses to those assessed risks; and to respond appropriately to instances of fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both management and those charged with governance of the company. Page 17 ## **ST MARTINS HOUSING TRUST** ## **(A Company Limited by Guarantee)** ## **INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF ST MARTINS HOUSING TRUST (CONTINUED)** ## Our approach was as follows: - We obtained an understanding of the legal and regulatory requirements applicable to the charitable company and considered that the most significant are the Companies Act 2006, Charities Act 2011, and UK financial reporting standards as issued by the Financial Reporting Council. - We obtained an understanding of how the charitable company complies with these requirements by discussions with management and those charged with governance. - We assessed the risk of material misstatement of the financial statements, including the risk of material misstatement due to fraud and how it might occur, by holding discussions with management and those charged with governance. - We inquired of management and those charged with governance as to any known instances of non- compliance or suspected non-compliance with laws and regulations. - Based on this understanding, we designed specific appropriate audit procedures to identify instances of noncompliance with laws and regulations. This included making enquiries of management and those charged with governance and obtaining additional corroborative evidence as required. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' Report. ## **Use of our report** This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an Auditors' Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have formed. ## **Frank Shippam BSc FCA DChA (Senior Statutory Auditor)** for and on behalf of ## **MA Partners Audit LLP** Chartered Accountants Statutory Auditor 7 The Close Norwich Norfolk NR1 4DJ 7 September 2021 Page 18 ST MARTINS HOUSING TRUST IA company Ilmltèd by guaranlee) STATEMENT OF FINANCIAL ACTIVITIES INCORPORATING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st MARCH 2021 nrostrsct funds 2021 e8lrl¢te funds 2021 otal funds 2021 lunds 2020 Note INCOME FROM: Donations and legacies Investments Charitsble 8clivi1Ses 436,072 5.504 5 261633 51.586 487,657 5,504 6 138 549 661,912 13.367 5 313 700 876916 TOTAL INCOME 28501 6631710 EXPENDITURE ON: Ralsing funds Charitable a¢livitwJ 95.182 4 660 374 95,182 5 592 986 72,575 4 796 248 932612 TOTAL EXpEND￿uRE 4 755 556 5688 168 4 868 823 NEf INCOME NET GAIN ON INVESTMENTS NET IAOVEMENT IN FUNDS 947 653 1 120 156 987 653 983 542 1 120 156 RECONCILIATION OF FUNDS: Total funds 8t 1 April 2020 41 TOTAL FUNDS AT 31 MARCH 2021 7,889 237 93&707 8,824.944 7.841402 All activriies relale to continulng operation5. The notes on pages 22 to 34 form part of these financial statements. Page 19 ST MARTINS HOUSING TRUST IA company Ilmitod by guarantée) BALANCE SHE AS AT 31st MARCH 2021 2021 2020 Note FIXED ASSETS Tangible assets Investment propwiy Total tangible asse1$ 13 14 4,016.477 320,000 3.983,487 434.OLKI 4,336,477 4,417,487 4R36,477 4,417.487 CURRENT ASSETS Debtors 15 400,814 430,849 Cash al bank and in hand 5 609 583 4 360 105 6,010.397 4,790,954 CREDITORS: amounts falling due wilhin one year 16 1521930 CURRENT ASSETS 3423915 TOTAL ASSETS LESS CURRENT LIABILITIES 8,824,944 7,841,402 CREDITORS: amounts falling due after 0￿ than one year 17 NET ASSErs CHARrrY FUNDS 18 Restricted funds 35,707 939.818 Ur¥estricled funds 6 901584 TOTAL FUNDS The financial statements were approved by the Trustees on 2Ph May 2021 and siqned on I￿r behaw. by: Mr C Bland. Chaimian The notes on pages 22 to 34 form part of these financial 5ts1ements. Page 20 ST MARTINS HOUSING TRUST (A company limlted by guarantee) CASH FLOW STATEMENT FOR THE YEAR ENDED 3151 MARCH 2021 2021 2020 Note Cash flows from operatlng a¢tlvltl•8 Net cash provided by operating acliviti8S Cash Ilowg from Investlng actlvltlos: Proceeds from th8 sale of property, plant and equipment 20 1326 795 1557211 149,057 175 Purohase of woperty. plant and equipment 226 374 Not cash used In inve8tlng actlvltl•8 60,478 Cash Ilows from flnancing actlvities: Repayments of borromngs Net cash us•d In financlng actlvltles Change In ¢ash and ¢ash •qUival￿ts In the year Cash and cash equivalents brought lo￿ard Cash and cash equlvalenlg carried lo￿ard 1.249,478 1,496,733 2 863 372 Page 21 ST MARTINS HOUSING TRUST IA company 11m1t￿ by guarante?) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 1. ACCOUNTING POLICIES 1.1 Basis of preparnlion of flnanclal statements The financial statements have been prepared in accordan￿ with the Charitie5 SORP {FRS102} - Accounting and Reporting by ChaTilies- Slatemenl of Recommended Practice applicable to charities preparing their a￿Ount5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102} leffe¢tive 1st January 20151, as amended by Update Bulletin 2 leffeclive Jarnuary 2019). The Financial Reportlng Standard applicable in UK and Republic of Ireland (FRS 1021 and the Compantes Act 2006. 1.2 Company status The comp8ny is a company limlted by guarantee. The members of the company are the Truslee5 named on page 1. In the event of the company being wound up, the Ilability in respect of the guarantee is limited lo £1 per member of the company. 1.3 Fund accountlng General funds are unrestrioted funds whlch are available for use al the discretion of the Trustees in furtherance of the general objectives of company and ￿1¢h have not been designated for other purposes. De819nated funds comprSse unreslricled funds that have been sel aside by the Trustees for particular purposes. The aim and use of each designated fund is sel out in the notes lo th8 financlal stateménts. Restricted fund5 are funds whl¢h are to bts used in accordance wth specTfic Teslrictions imposed by donors or which have beèn ralsed by the company lor particular purposes. The costs of raisin9 and adminlslering such funds are charged against the specific fund. The aim arHd use of each restricted fund Is set out in the notes to Ihe financial stalements. Investment income. galns and losses are allocated to appropriate fu￿. 1.4 Income All income is recognised once the ¢ompany has enlillement to the income, 11 is probable that the income will be received and the amount of income receivable can be measured rellably. For legacies, entitlement is taken as Ihe earlier of the dale on which either.. the company is aware that probate has been granted, the estate has been finalis8d and notification has been made by the executor(s) to the Trust that a distribution will be made. or when a distribution 18 received from th8 estate. Receipt of a legacy. in whole or in part, is only considered probable when th8 amount can b measured rellably and the company has been notified of the executor'5 inlentlon to make a distribution. Where legaGies have been nolrfied lo the ¢ompany, or the company is aware of the gr2ntirKJ of probate, and the criteria for income recognition have not been met, then the legacy is Irealed as a contlng8nl asset and disclosed if material. Page 22 ST MARTINS HOUSING TRUST (A Gompany Ilmltod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 Donated $8rvices or facilities are recogni5ed when the company has control over the item. any conditions associated with the donated item have been fflet, the receipt of economic benefit from the usa of the company of the item is probable and that economic benefrt can be measured reliably. On receipt, donated professional servtces and donated faclllties are recognised on the basis of the Value of the grft lo the company which is the amount the Gompany would have been willing lo pay to obtain services or facilities of equivalent economic benefil on the open maiket., a cwresponding ernounl is then recognised in expenditure in the period of recelpt. Income tax recoverable in relation lo donations recelved urKler Gifi Aid or deeds of covenant is cognised al the lime of the donation. Ino)me lax recoverable in relation to Investment income is r6¢ogni5ed al the time the inv8Stment Income is r8ceivable. 1.5 Expenditur• Expenditure is recognised once there is a legal or ¢onslruclive obligalion to make paymenl lo a third party. il is probabbe that setuement will be required and the amount of the obllgation can be measured reliably, All expendllure is accounted for on an acuuals basis. All expenses Including support costs and governance costs we allocatsd to the applicable expenditure headirvJs. Supwrt costs are Ihose costs incurred dlrectly in support of expendllure on the objects of the company and Ir￿lUde project management Garried out at Headquarters. Governance costs are those irLurred ki connection with administration of the company and com￿lance wtth con$titthional and statutory requirements. 1.6 Tanglble flxod assots and dopreciation All assets costing more than £250 are caprlallsed. Tangible fixed assets are staled at cost less depreciation. Depreciation is not charged on freehold land. Depreciation on other langible f￿e￿ assets is kyovided al rates calculated lo wrtte off Ihe cost of those assels, less their eslimated residual value, over thelr expected useful lives on the following bases.. Freehold property Short term leasehold property Motor vehKles Fumilure. fittirgs and equipment 2% reducing balance 100h straight line or over pefiod of lease 25OA straight Ilne 2￿33% straight line 1.7 Investment Propertles Investment propwty is carried al fair value. No dep￿ciall0n is provided. Changes in falr value are retAignised in the Statement of Flnancial ActNllies. 1.8 Int•r•st re¢elvable Interest on funds held on deposit is Induded when receivable and the amount can be measured reliably by the company,. Ihl$ is normally upon notwicalion of the inlere5t paid or payable by the Bank. Page23 ST MARTINS HOUSING TRUST (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 318t MARCH 2021 1.9 Debtors Trade and other d&blors are recognised al the gelllement 8mwnL Prepayments are valued al the amount repaid. 1.10 Cash at Bank and In hand Cash at bank and in hand iftcludes cash and short term htghly liquSd investments wf(h a short maturrty of three months or less from the date of a¢quisilion or openlng of the deposit or similar a¢count. 1.11 Credltors and provi8ions Creditors and provisions are recoonised wher6 the company has a present obligation ￿sUIting from a past event that will probably result in the transfer of funds to a third party and the amount due to sellle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount. 1.12 Ponslons The Charity operates a workplace pension scheme and the penslon charge rep￿sents the amounts payat4e by the company lo the fund in respect of the year. 1.13 Temiinatlon Payments Temiination payments are payable when employment 15 termirthed before the normal retirement dale. or whenever an employee accepts voluntary redundancy in exchange f￿ these benefits. The ompany recognises termination payThenls when it is demon51rably commitied lo either 11} terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal or lil) providing terminatK)n payments as a result of an offer made to encourage voluntary redundancy. 1.14 Key judgemènts and sources of estlmatlon un¢•rtalnty Key sources of estimation uncertainty * the reportrng dale which have a sunificant risk of causlng a material adjustment to the carfwn9 assets and liabiifLies wthin the next fina￿181 year are as follow3= Investrnenl property as per Note 14 are Val￿e& al maiket values determined by Mills & Knight. The property a14 & 6 Bracondale has b8en valued by Mills & Knight by taklng into account Var￿US market evldence. however ullimal8ly this is a maller of judgement. A general bad debt provision has be8n ma(Je using th8 averago of actual bad debl write-offs in previous years. Key judgements durlng the reporling period include judgements in relation to ¢lawbacks. creditors for funding and deferred income. Page 24 ST MARTIN5 HOUSING TRUST (A company Ilm6ted by guarant￿) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31$t MARCH 2021 INCOME FROM DONATIONS AND LEGACIES Unr8striGted Reslrict8d funds funds 2021 2021 Total funds 2021 Tolal funds 2020 Donations Legacies 407,995 28.077 51,585 459,580 28,077 394,229 267,683 Total donations and legaci85 In 2020. of the total income from donations and legacies. £637,353 was to unrestricted funds and £24.559 was to restricled funds. INVESTMENT INCOME Unrestri¢ted funds 2021 Restricted funds 2021 Total funds 2021 Tolal lunds 2020 Bank interest In 2020, of the total investment income. £13,367 was io unrestricted furKls snd £0 was lo restricted fu￿. INCOME FROM CHARrrABLE ACTNITIES 13 Unre8triGt funds 2021 Restrlcted funds 2021 Total funds 2021 Total funds 2020 Rent and servlces Grants Loss on dksp05?l of fixed assels 3.555,768 1.710,808 519,360 357.556 4,074128 2,068,364 3.938,407 1.375, 118 In 2020, of the total Income from charit8ble activities, £4,710,053 was lo unreslricleé funds and £603,647 was to restricted funds. Page 25 ST MARTINS HOUSING TRUST {A company Ilmlted by guarantèè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 COSTS OF GENERATING VOLUNTARY INCOME Unrestrlcted Restrfcted fund8 funds 2021 2021 Total nds 2021 T¢knl fvnds 2020 Legal, professlonal and other Slaff costs 44,888 50,294 44.888 50,294 33,917 38.658 In 2020. of the lotsl ¢osts of generating voluntary income, £72,575 wds to uniestTiCted funds and £0 was lo restricted funds. DIRECT COSTS Total 2021 Tolel 2020 Residents welfare Rent and rates Llght and heat Laundry, cleaning and catering MainlenanGe and repairs Unpaid accommodation fees Legal and professional Other Wages and salaries Pension cosl Depreciation 96,339 629,203 13B,648 84,634 214585 29.810 57.417 101.236 3,273.273 161,256 183,273 3T,121 531,485 94,901 7T,319 223,939 36,090 46,108 187,982 2,758,453 145,461 162, 165 SUPPORT COSTS Total 2021 2020 Rent and rale$ Llght and heal Laundry, cleaning and catering Legal and professional Malntenance and repairs Residents wewa Other Wages and salaries Pension cosl Depreciation 19,750 3,145 10.73S 22,896 60,550 19,716 3,633 2,701 6,745 47,580 18 69.359 296. 730 29.983 9.076 68,431 385.818 33.646 9,393 Page 26 ST MARTINS HOUSING TRUST (A company Ilmlted by guarantq•) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 GOVERNANCE COSTS Unre8trlcted R•strfctèd funds funds 2021 2021 Total fund5 2021 Tolal funds 2020 Governa￿e Audttors, remuneration ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE staff ¢o$ts D•preciatlon Other costs 2021 2021 2021 Total 2021 Tolal 202Q Expenditure on raislng voluntary income 50,294 636 44.252 95.182 72,5T5 Costs of generatlng fund8 Expenditure on charSlable activities Expenditure on govemar 50.294 636 44.252 95.182 72.575 3,853.994 192,667 1,S37.385 8,940 5,584,046 8,940 4.786,571 9,677 3,904,288 193,303 1,590,577 5,688,168 4,868,823 In 2020, 01 ts lotsl expendilure on charitable activities, £4.219,618 was to Un￿StrICted funds and £649,205 was to restrthd funds. 10. ANALYSIS OF EXPENDITURE BY CHARITABLE ACTivrriES EXCLUDING GOVERNANCE Actlvitios undertaken dlrectly 2021 Support costs 2021 Total 2021 Total 2020 Expenditure on charltable activitles 11. NET INCOMING RESOURCESI(RESOURCES EXPENDED) This is Stated after charging.. 2021 2020 Depreciation of tarvJible fixed assets: owned by the Charity Auditors. remunerat￿￿ 193.303 171,249 During the year. no Trustees received any remuneration12020- £NIL). During the year, no Trustees received any benefits in kind (2020 - £NIL>. During the year, no Trustees reCe￿ved any reimbursement of expenses (2020 - £NIL). Page 27 ST MARTINS HOUSING TRUST (A ¢ompany limlted by gu0rantee> NOTES TO THE FINANCIAL STATEMEiirs FOR THE YEAR ENDED 31st MARCH 2021 12. STAFF COSTS Staff ¢0sts were as follows.. 2021 2020 Wag85 and salaries Social Security costs Other pension costs 3.437,649 267,181 199.458 2,869,608 222,585 177,092 The average monthly number of employees was: 164 {2020'. 146). Two employees received remuneration amounting lo greater than £60,￿0 in thi5 year which fell within the range £ 60,000 to £ 70,000. The tol81 remuneratlon for key management personnel fN th8 year lolalled £287.36012020.' £262.7781. 13. TANGIBLE FIXED ASSETS Land & Bulldlngs Motor Flxtures and Other fixed vehlcl•s rrttings assets Total At 1 April 2020 Additions Disposals 5,090.102 153.677 {1,7481 109,395 544,724 70,803 (122,942) 36,822 1,895 {3,3431 5,781,043 226,375 1138,028) {9.9951 At 31 March 2021 DepreGi*ion Al 1 April 2020 Charge for the year Disposals 1,183,161 157,137 {1,748) 86,691 8.201 19,995) 490.882 27.850 1122,942) 36,822 1,797,556 197 193,385 13.3431 1138,0281 Al 31 March 2021 Not book valué 790 Al 31 March 2021 At 31 March 2020 Included in land and buildings is freehold land at cost of £1,000,000 (2020 - £1.000,000) which Is not depreci8ted. Page 28 ST MARTINS HOUSING TRUST IA company Ilmlled by guarantg?) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 14. INVESTAIENT PROPERTY Fmhold Investment Proporty Valuations At 1 AprS12020 Revaluatk>ns Disposals Al 31 March 2021 A sale was 8gre8d for 4 Hillside Cottage after 3111 March 2020. The nel book value wras £154.000 and the sales proceeds was £149,057 resulting in a loss on dlsposal of £4,943. 6 8racondale was inherited via a legaGy and the Charity has refurbished and converted Ihe property inlo iwo flats and let on the open market. 4 & 6 Bracondale was revalued at a market value of £320.oor) by Mills & Knighl. The original market V8lue was £280.000 resulting in a revaluation of £40,000. 434,000 40,OCKI 1S. DEBTORS 2021 2020 Trade debtors Other deblors Prepayments and accrued income 209,039 78,016 113,759 346,118 46,513 38,218 16. CREDITORS Amounts falling due wlthln one year 2021 2020 Bank loans 2nd overdrafts Trade creditors Other creditors Soclal Security & other taxes Accruals a￿1 defe￿ed incoffte 87,230 726,199 61,344 647 157 1521930 124.067 576.634 48,683 617655 1367039 Deferred income al 1 April 2020 Resources deferred during the year Amounts released from previous years Defer￿￿ income al 31 March 2021 478,770 542,807 478 770 Page29 ST MARTINS HOUSING TRUST (A company limitgd by guarant•o) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 17. CREDITORS Amounts falllng due aft?r more than onè year 2020 2019 Bank loans CredilL¥s indude amounts not wholly repayable wthin S years as follows.. 2020 2019 Repaydble by inslalments The bank loan was repaid In full on the 2yh July 2018 as per a decision agreed by TNJslees during their meeting on 281h June 2018. 18. STATEMENT OF FUNDS Brought Forward Incomlng Resources Recourses Exponded Transf•rs Inlout Carrled Forward D•signat•d Funds Future Development Fund Total Deslgnated Funds 2 451507 2,451.507 1031002 1,031,002 3 482 509 3,482,509 Gonoral Funds General Funds 4 450 077 1031002 5743209 4406728 Total Unrestricted funds Restricted funds 6 901584 7 889 237 DonationlGranls Highwaler House Buildlng Lakenfield Building fund Pathways fund Coronavirus Wellbeing Somewh8re Safe to Stay OPCCN NIHCSS Under 1 Roof 136.367 792.951 73282 {73.690) (37,661) 135,959 755290 3.000 3.000 186,781 92.244 53.835 17.445 501.914 {186,7811 (89,437) (13,901) (18,728) 1501,914) 10,500 932,612 2.807 39.934 (1.2831 10,500 939,818 928.501 935.707 Total Funds T￿41,402 6.671.710 5.688,168 8,824.944 Page 30 ST MARTINS HOUSING TRUST (A company IlmSt8d by guaTantae) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 Prevlous year Brought Forward Incoming Rqsourceg Recourse8 Transfors Expend¢d Inlout Carrled Forward Dulgnatod Fund$ Future Development Fund Total Designated Funds 787 781 787,781 2 451507 2,451,507 1.663,726 G?ngral Fund$ General Funds 4 096 703 4219 618 787 53e0773 4450077 Totsl Unrestricted fvnds Restricted funds 5 360 773 4219 618 Donation Funds High￿Ier House Buildlng Lakenfield Building fund Pathways fund NIHCSS Undef One Roof 125.934 831,382 17,560 {7.127) (38,431) 136,367 792,951 120,436 483,211 {120,436> {483,211> 3.501 960,817 10,500 939,818 628,206 64920S Total Funds 6,721,246 5,988,979 4.868,823 7.841.402 Designated Funds'.- The Futurè Development Fund represents funding designated by Trustees for fLrture development. A transfer of £1,031,002 has been made from unrestricted funds to the Future Developrnent Fund following a decision by the Trustees lo designate additlonal funding for this project. A key part of our Strategic PL4n Is a flm commitment lo the dèvelopment of an al least 20 person actommodalion based on the Housing First model of sUPPOrt. Restricted Funds'.- The Donat5on$ Funds relate to general donations for spe￿riC 8reas of the ¢harity. which a subsequenlfy expended. 11 includes £79,410 for Under One Roof from City Reach for construction of new porch that has been capitalised and will be used lo offset depreciation charges in futu￿ years. The Highwater House Bullding Fund contains all the donatlons that have been received toward the rebullding of Highwater House and the o)sls of Ihls rebuild. Restricted funds amounting lo £672,000 from Norwich City Council, Norfolk County Council and Norfolk County Council - Drug and Alcohol Team a repayable on a reducing scale over a 15 year period if the Trust ceases lo operate for any reason or fai15 to materlally comply with any terms of the grant agreement. The Lakenfield Bullding Fund ￿preSents a grant ￿CeIVed from Norfolk Cwnty Cour￿1 of £250.000 as a Contribution towards the constructfjn costs and has been used lo offset depreGialion. This fund is now exhausted and depreciation is now chwged to revenue. The Pathway8 Fund represents funding r￿1Ved from NoThvsch Cty co￿ncIl 8warded to Ihe Pathw4yE Service Consortium for working in partnership bètween several organi5alions lo support those with Page31 ST MARTINS HOUSING TRUST (A company limit8d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 complex needs and the prevention of mugh sleeplng in Norwach. The NIHCSS Fund represents funding received from Norfolk County Council lo delNer menlal health support lo adults across Norfolk, working in partnership with Together for Mental Wellbeing, Nonvich and Central Norfolk Mind, West Norfolk Mind and Great Yarmouth and Waveney Mind. SUMMARY OF FUNDS Brought Forward Incoming Resourc•s Resources Expend•d Transfers Inlout Carrigd FopNard Designated Funds General Funds 2,451,507 4,450,077 1,031,002 3,482,509 1.031, 4,406.728 5,743,209 4,7￿556 Unrestricted FuTrJs 6,901,584 5.743,209 (4,7S5,556) 7,889.237 Restrictsd Funds 939,818 928,501 (932,6121 935.707 7.841,402 6.671,710 5,688,168 8,824.944 19. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unr•8trlcted Restricted funds funds 2021 2021 Total funds 2020 funds 2021 TaNJlble fixed assets Current assets Credltors du¢ within one year Credilor$ due in more than one year 3,581,187 5,829.980 11,521,930) 755,290 180,417 4,336.477 4,417.487 6,010,397 4. 790,954 (1,521,930) (1,367.039) Previous year Unrestrl¢tod R•strfci fundg funds 2020 2020 Totsl funds 2020 Tol81 funds 2019 Tangible fixed assets Current assets Creditors due wthin one year Creditors due in more than one year 3,624.536 4,644.087 11,367,039) 792,951 146,867 4,417,487 4,528,083 4.790.954 3,230,384 {1.367,039} (f,037,221) Page 32 ST MARTINS HOUSING TRUST (A Company Ilmltod by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st PAARCH 2021 20. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NEf CASH FLOW FROM OPERATING ACTIVITIES 2021 2020 Nel income for the year {a5 per Statement of financial acliviti8sl 983,542 1,120.156 Adjustment for". Nel gain on revaluation investments (40,0001 Depre¢iatlon charges Lossllpmfitl on disposal 193.385 4943 171,249 (175) Increase in debtors Increase in creditors 30.035 (63,837) 818 Not ¢ash provlded by operating actlvltie8 21. ANALYSIS OF CASH AND CASH EQUIVALENTS 2021 2020 Cash at bank and in hand 09 105 Total 22. PENSION COMMITMENTS The ccKmpany operate5 a personal pension scheme. The asse15 of th8 scheme are helé separately from Ihose of lh8 company In an indepen(lenlly adminis18red fund. The pension cost charge represents contributions payable by the company to the fund and amounted lo £199,458 (2020- £1T7,092). Page 33 ST MARTINS HOUSING TRUST {A company Ilmlt6d by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st MARCH 2021 23. OPERATING LEASE COMMrrMENTS Al 31 March 2021 total of Ihe Trust's future minimum l&ase payments under nonuncellable operating lease5 was as forth- Land and buildings 2020 Amounts payabl•: Wlthin 1 year Between 2 and 5 years Afler more than 5 years Included in °After more than S years" are long lemi 188se$ for 2 Oibden Road, 45 William Kett C108e, Webster Court, 5 Recofder Road, 55 Cavell Road, 89 Pollergate and 33 Bishopgate. 24. RELATED PARTY TRANSACTIONS During the year the Trust entered into a transaction totalllng £54012020.. £nil} in respect of sales of donated clothes thal were sold on our behalf by Emmaus Norfolk and Waveney, a charity in whlch the spouse of a Trustee, Mrs K Dayne5, fis a Trustee of. 25. CONTROLLING PARTY 550,003 1,522,953 565,244 1,474,841 111 There is no one controlliThJ paty. Page 34