REGISTERED COMPANY NUMBER: 02475258 (England and Wales)
REGISTERED CHARITY NUMBER: 803328
COLCHESTER ENGAGEMENT & NEXT STEPS LTD
(A COMPANY UMITED BY GUARANTEE)
FINANCIAL sfATEMENTS
FOR THE YEAR ENDED
31 MARCH 2024
CENS

COLCHESTER ENGAGEMENT & NEKf STEPS LTD
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Pa8e
Report of the Trustees Ilncorporatlng a Dlrectors, Report)
Independent Examiner's Report
Statement of Financial Activities (incorporatlng an Income and
Expenditure Account)
Balance Sheet
Notes to the Flnanclal Statements
9 to 21

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report
with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the
provision5 of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS 1021 (effective l January 20191.
Introductlon from the Chalr of Trustees
This report covers the year l April 2023 to 31 March 2024.
We held a large in-person event for last year's AGM as there had not been an open event since before Covid. This was
very well attended despite the pouring rain. We had former staff. agencies, donors, and politicians alike celebrating
the successes and developments of the Project.
We once again launched March 4 CENS, a walking challenge which attracted many participants of all ages pounding
the streets in CENS vest tops, (kindly sponsored by Lansdownl raising funds and the profile of the project. Our
'Move-on' accommodation.
The Night Shelter has been running at good capacity even in the warmer months when we usually see a decline. The
rnove-on Stats have been excellent, and the staff continue to work hard with other agencies to get the best options
and outcomes for our residents.
Al's Annexe has continued to meet such positive outcomes for those who are ready to live more independently but
are unable to rent privately. We continue to bridge the gap between the shelter and full independence but our
residents still having the team on-hand for any queries or supportthey may need.
It has been another exciting year for CENS Trustees as we took the decision to purchase a new property to support
next step accommodation for our suitable residents, the sale completed in February 24 and all of the staff and
especially the Manager, Marina, has been supporting the strategy and designing the processes for getting the best
outcomes for the resident5 for the Move-on opportunity. Work will commence over the coming months to get the
building repaired and refurbished to a standard that we would expert for our accommodation.
This year we sadly said good-bye to long standing former Chair and Trustee Ray Ricks. Ray has given many years and
rnany hours dedicated to CENS and watched it grow from a Night Shelter to the move on project that we have today.
We wish him well in his retirement.
Alison Lovesee
Chair of Trustees
OBJEcfivES AND AcfiviTIES
Objectives and aim5
The objects of the Colchester Engagements & Next Steps Ltd which are set out in the Articles of Association of the
company are as follows;
"Iforl the relief of poverty by the provision of emergency and other accommodation advice and assistance for persons
who are deemed homeless and are in need of such accommodation, advice or assistance."
Significant activities
The principal activity of the Colchester Engagement5 & Next Step5 Ltd in the year under review was that of provider of
temporary night shelter accommodation for single, homeless persons in the Colchester area. However during this
year we have been developing our successful day time activities to help build skills and confidence increasing the
likelihood of residents being able to maintain a tenancy when they move on.

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
OBJEcfivES AND ACTIVITIES
Publlc benefit
The Trustees have complied wlth their duty in Section 4 of the Charities, Act 2011 to have due regard to guidance
published by the Charities, Commission on public benefit. We meet our aims and objectives time and time again,
and honour in full the requirement5 of the Charities Art, which requires that we demonstrate a public benefit; that is a
benefit in which the whole population can share. All our charitable activitie5 focus on the relief and prevention of
homelessness and are undertaken to further our charitable purposes for the public benefit.
ACHIEVEMENT AND PERFORMANCE
Charitable activitles
Following the major refurbishment to provide all residents with en suite facilities the Night Shelter has been In
increasing demand. There was 89% occupancy over the year with an average of about 65% of residents moving into
settled accommodation. 100% were 5UPPOrted with developing finance skills. to engago with support seNices, and
physical and mental health.
Trustees are keen to utilise social media to encourage donatlons and inform supporters. Trustees have supported
staff in encouraging regular post5 etc.
FINANCIAL REVIEW
Flnancial posltlon
The Charity's financial posltlon Is as set out In the Balance Sheet on page 7 and is consldered satisfactory.
Reserves pollcy
The Trustees have examined the charity's requirements for reserves in light of the m31n rlsks to the organisation. The
Trustee's policy is that the charity will build up free reserves sufficient to cover the operating costs of the charity for a
typical half year, and that further reserves should be put in place to cover planned maintenance and refurbishment
expenditure ahead of when it is needed.
FUTURE PLANS
Trustees are concerned to provide more move on accommodation for residents of the Night Shelter. To that end
they have purchased a further property In Colchester and intend to brlng It up to the standard5 of the existing
property Portfolio in the comin8 financial year. This will ensure move on accommodation for residents to enjoy
Independent living with sUPPOrt if required.
Trustees are aware of the importance of regular donations and plan to use social media to promote monthly or
regular donations from supporters.
STRucfuRE, GOVERNANCE AND MANAGEMENT
Governlng document
The charity is controlled by its governing document, a deed of trust, and constitutes a Ilmited company, limited by
guarantee, as defined by the Companies Act 2006.
The governin8 instrument of the charity is the Memorandum and Articles of Association of the company. The
governing body of the company 15 the board of directors. the members of which are also the Trustees of the charity.
The members ofthe company elect the directors and Trustees.
Charity constilutlon
Every member of the company undertakes to contribute to the assets of the company in the event of the same being
wound up whilst he or she is a member, or within one year after he or she ceases to be a member, for the payment of
debts and liabilities of the company contracted before he ceases to be a member. and of the costs, charges and
expenses of winding up, and for the adjustment of the rights of the contributories amongst themselves, such amount
as may be required, not exceeding £1.

COLCHESTER ENGAGEMENT & NExf STEPS LTD
REPORT OF THE TRusfEES
FOR THE YEAR ENDED 31 MARCH 2024
STRucfuRE, GOVERNANCE AND MANAGEMENT
Recruitrnent and appointrnent of new trustees
Trustees for the charity are drawn from members of the public usually by word of mouth but also from the publicity
that the charity receives in local churches, at other local charities and at the offices of local authorities. Trustees are
appointed by the Board of Management once the Board is satisfied as to the suitability of the candidate. Trustees
hold office for three years after which they are eligible for reryelertion for a further period of three years.
The Trustees give their time voluntarily and receive no benefits from the charity: they do not receive 3 wage and do
not claim expenses.
To be effective in o￿lCe the Trustees need a good understanding of the role and responsibilities of a charity trustee
and must be aware of the legal rules on eligibilwty to serve as a charity trustee. All new Trustees have their duties
and legal. financial and managerial responsibilities and liabilities explained to them. They are informed about the
charity, its vision and values. its aims. its programme. its sour￿5 of income, and the context in which it operates and
attend appropriate training.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
02475258 (England and Wales)
Registered Charity number
803328
Registered office
3941 Alexandra Road
Colchester
Essex
C03 3DF
Trustees
R G Ricks (resigned 1/1/241
Ms A Lovesee-collis - Chair
G O'Driscoll
Ms V English {resigned 1/10123)
P Newell
Mrs E Lagadec
Miss F Steady (resigned 5131241
Mrs L Waddington (appointed 1/11/241
P Blyth (appointed 13/11124, resigned 18111124)
Independent Examiner
Simon Welling
Certified Accountant
Haines Watts
Town Wall House
Balkerne Hill
Colchester
Essex
C03 3AD

COLCHESTER ENGAGEMENT & NEKfsTEPS LTD
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Solicitors
Birkett Long LLP
Essex House
42 Crouch Street
Colchester
Essex
C03 3HH
Clerk to the Charity
Mrs Clare Heyes
Bankers
National Westminster Bank plc
25 High Street
Colchester
Essex
COI IDG
Co-operative Bank
PO Box 250
Skelmersdale
WN8, 6WT
Approved by order ofthe board oftrustees on
and signed on its behalf by:
P Newell- Trustee

INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF
COLCHESTER ENGAGEMENT & NE)rfsTEPS LTD
Independent examiner's report to the tru5tee5 of Colchester Engagement & Next Step5 Ltd {'the Company.)
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilitie5 and basis of report
As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsible
forthe preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as
carried out under Section 145 of the Charities Act 2011 I'the 2011 Art'l. In carrying out my examination I have
followed the Directions given by the Charity Commission under Section 145151 Ibl of the 2011 Art.
Independent examlner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm
that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified
Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe:
accounting records were not kept in respect of the Company as required by Sertion 386 of the 2006 Act; or
the accounts do not accord with those records; or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any
requirement that the accounts give a true and fair view which is not a matter considered as part of an
independent examination: or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by charities lapplicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS
10211.
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in orderto enable a proper understanding of the accounts to be reached.
Simon Welling
Certified Accountant
Haines Watts
Town Wall House
Balkerne Hill
Colche5ter
Essex
C03 3AD

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
STATEMENT OF FINANCIAL ACTIVITIES
(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestritted
funds
Restricted
funds
Note5
INCOME AND ENDOWMENTS FROM
Donations and legacies
49,372
18,471
67,843
49,338
Charitable art5Vities
Temporary accommodation
Move on accommodation
281.363
47.813
281,363
47.813
240,359
33,554
Investment income
771
771
257
Total
379.319
18,471
397.790
323,508
EXPENDITURE ON
Raising funds
391
391
1,900
Charitable activities
Temporary accommodation
Move on accommodation
313,034
11,793
13,557
326,591
11,793
274,828
6.860
Total
325,218
13.557
338.775
283,588
NEf INCOME
54.101
4,914
59.015
39,920
RECONCILIATION OF FUNDS
Total funds brought forward
265,093
1,012.490
1,277,583
1,237.663
TOTAL FUNDS CARRIED FORWARD
319,194
1,017,404
1.336.598
1,277,583
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements

COLCHESTER ENGAGEMENT & NExf STEPS LTD
BALANCE SHEEr
31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
13
625.490
986,883
1.612,373
1,280,295
CURRENT ASSEf5
Debtors
Cash at bank and in hand
14
18,600
88,699
18,600
119.220
18,479
156,647
30,521
107.299
30,521
137,820
175,126
CREDITORS
Amounts falling due within one year
15
(37.776)
137,776)
126,571)
CURRENT ASSErs
69,523
30,521
100,044
148,555
TOTAL ASSETS LESS CURRENT LIABILITIES
695.013
1.017,404
1.712.417
1,428,850
CREDITORS
Amounts falling due after more than one year
16
(375.819)
(375,819)
1151.2671
NET ASSETS
319,194
1.017,404
1,336,598
1,277,583
FUNDS
Unrestricted funds
Restricted funds
19
319.194
1,017,404
265.093
1,012.490
TOTAL FUNDS
1,336,598
1,277,583
The notes form part of these financial statements

COLCHESTER ENGAGEMEKf & NE￿ STEPS LTD
BALANCE SHEET- continued
31 MARCH 2024
The charitable company is entitled to exemption from audit under Section 477 of the Companie5 Act 2006 for the year
ended 31 March 2024.
The members have not required the company to obtain an audtt of its financial statements for the year ended
31 March 2024 in accordance with Settion 476 of the Companies Art 2(Kl6.
The trustees acknowledge their responsibilities for
ensuring that the charitable company keeps accounting records that comply wrth Sections 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the state of affairs of the charitable company
as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies
Att 2006 relating to financial statements. so far as applicable to the charitable company.
Ib)
These financial statements have been prepared in accordan￿ with the provisions applicable to charitable companies
subject to the small companies regime.
financial statements were approved by the Board of Trustees and authorised for issue on
I￿￿￿￿?.$[￿4...... and were signed on its behalf by:
P Newell - Trustee
The notes fomi part of these financial statements

COLCHESTER ENGAGEMENT & NEXT sfEPS LTD
NOTES TO THE FINANCIAL sTATEmEP￿s
FOR THE YEAR ENDED 31 MARCH 2024
GENERAL INFORMATION
Colchester Engagements & Next Steps Ltd {formerly Colchester Emergency Night Shelter Ltd) is a charity
registered with the Charity Commission with the Charity Number 803328. The Charity is incorporated as a
company limited by guarantee at Companies House with the Company Number 0275258 and domiciled in the
United Kingdom. Its registered office is 3941 Alexandra Road, Colchester, Essex C03 3DF.
The financial statements are prepared in sterlin& which is the functional currency of the entity and rounded to
the nearest pound.
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financlal
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companies Act 2006. The financial statements have been prepared under the historical c05t convention, as
modified by the revaluation of certain assets.
Fund Accountln8
Unrestricted funds are available for use at the discretion of the trustees to further any of the purposes of
Charity. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through
the terms of an appeal. Further explanation of the nature and purpose of each restricted fund is included In
the notes to the financial statements.
Goln£ concern
The accounts are prepared on a going concern basis as there are no material uncertainties about the Charity's
ability to continue.
Income
All income is recognised in the Statement of Flnancial Activities once the charity has entitlement to the funds,
it is probable that the income will be received and the amount can be measured reliably.
Income from government and other 8rants, whether 'capital' grants or 'revenue' 8rants, is recognised when
the Charity has entitlement to the fvnds. any performance conditions attached to the grants have been met, it
Is probable thatthe income will be received and the amount can be measured reliably and is not deferred.
For legacies. entitlement is taken as the earlier of the date on which either: the Charity is aware that probate
has been granted, the estate has been finalised and notification has been made by the executorlsl to the
Charity that a distribution will be made, or when a distribution is received from the estste.
Donations and other voluntary income are reflected in the accounts for the period in which they are received.
Donations in kind are recognised by the Charity when received except in the case of services provided free or
undervalue by voluntary staff or others which are not reflected in the accounts.
Interest Recelved
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the
Charity; this is normally upon notification of the interest paid or payable by the Ban

COLCHESTER ENGAGEMETr￿ & NEXT STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POUCIES - continued
Expenditure
Liabilities are recognised as expendwture as soon as there is a legal or constructive obligation committing the
charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement
and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis
and has been classified under headings that aggregate all c05t related to the category. Where costs cannot be
directly attributed to particular headings they have been allocated to activities on a basis consistent with the
use of resources.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
The freehold property is stated included in the accounts at valuation. Additions after each revaluation are
included at cost until a further revaluation.
Revaluations are performed with sufficient regularity to ensure that the carrying amounts are not materially
misstated and on this basis are not depreciated.
Depreaation 15 provided at the following annual rates in order to write off each asset over its estimated useful
life=
Fixtures and Fittings- 20% straight line
Computer and Office Equipment- 20% straight line
Residents, IT Suite - 20% straight line
Pension costs and other post￿etIreMent beneffts
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
Debtors
Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount
prepaid net of any trade discounts due.
Cash at Bank and in Hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
Credltors and Provlslons
Creditors and provisions are recognised where the Charity has a present obligation resulting from a past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation
can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement
amount after allowing for any trade discounts due.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Cash Flow Statement
The Charity has taken advantage of the exemption provided for charities with income under £500,000 and has
not prepared a Cash Flow Statement for the year.
-iO-

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
DONATIONS AND LEGACIES
2024
2023
Donations
Grants
52.012
15,831
48,838
500
67,843
49,338
Grants received, included in the above. are as follows:
2024
2023
Colchester City Council locality budget
E55ex County Council - councillors locality budget
Department for Levelling Up, Housing and Communities
600
500
15.231
15.831
500
INVESTMENT INCOME
2024
2023
Deposit account interest
771
257
INCOME FROM CHARITABLE AcfiviTIES
2024
2023
Attivity
Temporary accommodation
Accommodation charges
Essex County Councll-
housing related support
Residents fees
Business interruption claim
Accommodation charges
Residents fees
207,657
165,333
Temporary accommodation
Temporary accommodation
Temporary accommodation
Move on accommodation
Move on accommodation
51.757
21,949
51,757
19.460
3,809
26,250
7,304
39.367
8,446
329.176
273,913
-li-

COLCHESTER ENGAGEMENT & NExf STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
CHARITABLE AcfiviTIES COSTS
Direct
Costs Isee
note 71
Support
costs Isee
note 81
Totals
Temporary accommodation
Move on accommodation
320,657
8.167
5,934
3.626
326,591
11,793
328,824
9.560
338.384
DIRECT COSTS OF CHARITABLE AcfiviTIES
2024
2023
Staff costs
Repairs to property
Cleaning services
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Residents, supplies & activities
Database & IT costs
Other staff and volunteers
Subscriptions
Storage costs
Sundry expenses
Volunteers matter costs
Depreciation of tangible fixed assets
Loss on sale of assets
Bank loan interest
221A45
14.040
15,873
7.618
7,388
11,204
3,848
662
15,309
3,251
1,728
1,278
2,326
1,492
9.493
3.457
169,767
24,227
8,383
5.308
8,139
9,719
3,367
590
10,424
4,670
1,705
1,149
2.189
112
15,856
2.901
259
6,843
8.412
328.824
275.608
-12-

COLCHESTER ENGAGEMENT & NEKfsTEPS ITD
NOTES TO THE FINANCIALSTATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
SUPPORT COSTS
Governance
costs
Finance
Totals
Temporary accommodation
Move on accommodation
869
2,126
5.065
1.500
5.934
3.626
2,995
6,565
9,560
Support costs, included in the above, are as follows:
2024
Temporary
Move on
Total
accommodation accommodation activities
2023
Total
activities
Bank charges
Independent examination fees
Accountancy fees
Legal and professional fees
869
1,845
2,505
715
2,126
2,995
1,845
2,505
2,215
875
1,752
2,376
1,077
1,500
5.934
3,626
9.560
6,080
NET INCOMEIIEXPENDITURE)
Net incomellexpenditurel is stated after chargingllcredltingl:
2024
2023
Independent examlnatlon fees
Depreciation - owned assets
Deficit on disposal of fixed assets
1.845
3.457
1,752
2,904
259
io.
TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
Trustee5' expenses
There were no trustees, expenses paid for the year ended 31 March2024 nor for the year ended
31 March 2023.
ii.
STAFF COSTS
2024
2023
Wages and salaries
Social security costs
Other pension costs
204,922
12,451
4,072
156,466
9.940
3.361
221.445
169,767
-13-

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
ii.
STAFF COSTS
The average monthly number of employees during the year was as follows:
2024
13
2023
io
Average number of staff employed
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000
was:
2024
2023
£60,001- £70,000
The key management personnel of the Charity are considered to be the Trustees and the Manager. The total
employee benefits of key management personnel amount to £68,192 for the year ended 31 March 2024
(£57,260 forthe year ended 31 March 20231.
12.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACtIVlTIES
Unrestricted
funds
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
49,098
240
49,338
Charitable artivities
Temporary accommodation
Move on accommodation
240,359
33.554
240,359
33,554
Investment income
257
257
Total
323,268
240
323,508
EXPENDITURE ON
Raising funds
1,900
1.900
Charitable activities
Temporary accommodation
Move on accommodation
270,755
6,860
4,073
274.828
6,860
Total
279.515
4,073
283,588
NET INCOME/(EXPENDITURE)
43,753
13,8331
39.920
RECONCILIATION OF FUNDS
Total funds brought forward
221.340
1,016,323
1,237,663
TOTAL FUNDS CARRIED FORWARD
265.093
1,012,490
1,277,583
-14-

COLCHESTER ENGAGEMENT & NEXT srEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
13.
TANGIBLE FIXED ASSEts
Computer
and
office
equipment
Fixtures
and
fittings
Freehold
property
Residents
IT suite
Totals
COST OR VALUATION
At l April 2023
Additions
1.275.(MJO
326,650
22.405
7.793
5.962
1,092
1307,801
335,535
At 31 March 2024
1.601.650
30.198
7.054
4A34
1,643,336
DEPRECIATION
At l April 2023
Charge for year
18.638
2.672
4,704
587
4.164
198
27.506
3.457
At 31 March 2024
21.310
5,291
4,362
30,963
NET BOOK VALUE
At 31 March 2024
1.601,650
1,763
72
1.612.373
At 31 March 2023
1.275.(
3,767
1.258
270
1,280,295
Cost or valuation at 31 March 2024 is represented by=
Computer
and
office
equipment
Fixture5
and
ffttings
Freehold
property
Residents
IT suite
Totals
Valuation in 2022
Valuation in 2015
Cost
334.829
199.821
1.067.IKJO
334.829
199,821
1.108.686
30.198
7.054
4A34
1.601.650
30.198
7,054
4,434
1.643,336
-15-

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Prepayments and accrued income
16.665
987
948
9.609
7,039
1,831
18.600
18.479
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Bank loans and overdrafts (see note 171
Social security and other taxes
Other creditors
Accruals and deferred income
18,111
4.356
4,770
10,539
13,238
1,305
4,656
7,372
37.776
26,571
16.
CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR
2024
2023
Bank loans (see note 171
375,819
151,267
17.
LOANS
An analysi5 of the maturity of loans is given below:
2024
2023
Amounts falling due within one year on demand:
Bank loans
18.111
13,238
Amounts falling due between two and five years:
Bank loans- more than l year
375,819
151.267
-16-

COLCHESTER ENGAGEMENT & NEXT 5tEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
18.
SECURED DEBTS
The following secured debts are included within creditors:
2024
2023
Bank loan
121310
124.855
The loan advanced from the National Westminster Bank in September 2019 is secured by a charge on the
freehold property at 38 Alexandra Road. Colchester.
The loan advanced from the National Westminster Bank in February 2024 is secured by a charge on the
freehold property at 19A. 19B and 19C Mersea Road, Colchester.
19.
MOVEMENT IN FUNDS
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestricted funds
General Fund
265.093
54,101
319,194
Restricted funds
National Lottery CharÈtie5 Board Fund
Freehold Property Revaluation Reserrfe
Rent Deposit Guarantee Scheme
Keys for Keeps
Colchester Borough Council - voluntary
welfare
Lockton Fund
Resident ID Fund
Anglia Community Trust- residents IT
suite
Gannett Foundation
39-41 Alexandra Road covid adaptations
Counselling Fund
Night Shelter Transformation Fund
250,179
534,650
8,699
5.665
250.179
534,650
8.699
5.665
6,727
420
1,403
(3.427)
1292)
198
3.300
128
1,601
2,161
1,396
201,190
{198)
1.963
1,396
201.190
520
8,113
520
.113
1,012,490
4.914
1.017A04
TOTAL FUNDS
1277.583
59.015
1,336.598
-17-

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
19.
MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General Fund
379,319
1325,218)
54,101
Restrlcted funds
Colchester Borough Council - voluntary
welfare
Lockton Fund
Resident ID Fund
Anglia Community Trust- residents IT
suite
Counselling Fund
Nlght Shelter Transformation Fund
(3.427)
1292)
(42)
(3,427)
1292)
198
240
1198)
(2,480)
(7,118)
1198)
520
8.113
3,000
15,231
18,471
113.556)
4.914
TOTAL FUNDS
397,790
(338,775)
59.015
-18-

COLCHESTER ENGAGEMENT & NEX[ STEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
19.
MOVEMENT IN FUNDS- continued
Comparatives for rnovement in funds
Net
movement
in funds
Transfers
between
funds
At
31.3.23
At 1.4.22
Unrestricted funds
General Fund
221.340
43,753
265.093
Restritted funds
National Lottery Charities Board Fund
Freehold Property Revaluation Reserve
Rent Deposit Guarantee Scheme
Keys for Keeps
Colchester Borough Council- voluntary
welfare
Lockton Fund
Resident ID Fund
Anglia Community Trust- residents IT
Sulte
Gannett Foundation
Winter Resilience Fund
3941 Alexandra Road covid adaptations
250.179
534,650
8,699
5,665
250,179
534,650
8,699
5,665
8.490
2.177
1,163
{1,7631
(1,6881
240
6.727
420
1,403
(691
2,348
1,396
366
201.190
12561
69
2.161
1,396
13661
201.190
1,016,323
(3,8331
1,012.490
TOTAL FUNDS
1,237,663
39,920
1,277,583
Comparative net movement in funds. included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestrlcted funds
General Fund
323.268
1279,5151
43,753
Restricted funds
Colche5ter Borough Council- voluntary
welfare
Lockton Fund
Resident ID Fund
Anglia CommunityTrust- residents IT
suite
Winter Resilience Fund
11,7631
11,6881
11.7631
11,6881
240
240
(2561
13661
{2561
{3661
240
14.0731
{3,8331
TOTAL FUNDS
323.508
1283,5881
39.920
-19-

COLCHESTER ENGAGEMENT & NEX[ sfEPS LTD
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
19.
MOVEMENT IN FUNDS- continued
National Lottery Charities Board Fund
To fund the purchase and refurbishment ofthe freehold property at 3941 Alexandra Road.
Freehold Property Revaluation Reserve
The gain on revaluation of the freehold property.
Residents Deposit Guarantee Scheme and Keys for Keeps
To fund the payment of deposits to landlords to facilitate resettlement of residents.
Colchester Borough Council- Voluntary Welfare Grant
To fund the costs to support residents in 2018 and specifically to fund the cost of residents drug and alcohol
testing.
Lockton Fund
To fund the database ancillary requirements. IT expenditure and the depreciation of computer equipment.
Resident ID Fund
To fund the purchase of ID documentstion for residents.
Anglia Community Trust- Residents ITSuite Fund
To fund the purchase of an IT suite and computers forthe use by residents.
Gannett Foundation Grant
To fund the purchase of equipment and supplies for a residents, allotment.
Winter Resilience Fund
To fijnd resident gym. swimming and basketball activities.
3941 Alexandra Road Covid Adaptation5
To fund the improvements of the freehold property at 39-41 Alexandra Road to provide en-suite facilities to all
bedrooms.
Counselling Fund
Many of our clients have recognised Mental Health issues and require help but waiting lists for counselling are
beyond the timeline of the people that stay with us. We have used this fund for offering residents 8
counselling sessions with qualified counsellors at Lifeforce.
Night Shelter Transformation Fund
The NSTF stream allows us to employ a full time Day Support Worker to support clients with a person•centred
approach. This includes taking them to health assessments. housing appointments, JCP appointments and
helping them to move into new accommodation. This role supports our evening opening and focuses clients to
engage and work towards more independent housing.
-20-

COLCHESTER ENGAGEMENT & NEXT STEPS LTD
NOTESTO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 MARCH 2024
20.
RELATED PARTY DISCLOSURES
There were no related party transactions forthe year ended 31 March 2024.
-21-