Registered number: 05495172
Charity number: 1111581
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
CONTENTS
Page
Reference and administrative details of the Charity, its Trustees and Advisers
1
Trustees' report
2-7
Independent examiner's report
8-9
Statement of financial activities
10
Balance sheet
11
Notes to the financial statements
12 - 19
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS FOR THE COMPANY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2015
Trustees
Mark Farren, Chair
Mike Goodwin (appointed 01/07/14)
Jillian Hindmarsh, treasurer (appointed 30/06/14)
Mark Robson
Michele Meldrum (resigned 30/06/14)
Nigel Van Zwaneberg
Company registered number
05495172
Charity registered number
1111581
Registered office
Forster House
Finchale Road
Durham
DH1 5HL
Manager
Susan Ryland
Independent Examiner
Detlev Anderson
Ryecroft Glenton
Chartered Accountants
32 Portland Terrace
Newcastle upon Tyne
NE2 1QP
Accountant
Leslie Rowe
NE Charities' Solutions
73 Richmond Road
Brompton on Swale
Richmond
DL10 7HF
Bankers
Lloyds plc
19 Market Place
Durham
DH1 3NL
Page 1
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2015
The Trustees (who are also directors of the charity for the purposes of the Companies Act) present their annual report
together with the financial statements of Moving On (Durham) Limited (the Company) for the year ended 31 March 2015.
The Trustees confirm that the Annual report and financial statements of the company comply with the current statutory
requirements, the requirements of the Company's governing document and the provisions of the Statement of
Recommended Practice (SORP) "Accounting and Reporting by Charities" issued in March 2005.
STRUCTURE, GOVERNANCE & MANAGEMENT
a.
Constitution.
The Company is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association
on 29 June 2005, which established the objects and powers of the charitable company and is governed under its Articles of
Association. In the event of the Company being wound up, members are required to contribute an amount not exceeding
£1.
b.
Method of appointment of Trustees
The management of the Company is the responsibility of the Board of Trustees who are elected and co-opted under the
terms of the Articles of Association. The Board seeks to ensure that the process is fair and transparent and conforms to
established equal opportunity principles. The Board is to carry out an annual skills audit which will take into account how
fairly the composition of the Board reflects the communities it serves, in terms of minority groups and also gender and
disability.
Recruitment of new Trustees is advertised via the Moving On website; an application form must be submitted in all cases.
Each new Trustee is required to undertake an induction session to learn more about the practical work of the charity and
to meet the paid staff and volunteers who deliver the services. The applicant is then invited to attend a board meeting
where they can be formally elected should they wish and their skills and experience are deemed suitable.
Trustees are also supported and encouraged to attend relevant seminars and training sessions to help develop their
knowledge of strategic issues within the charity and homeless sectors.
c.
Organisational structure and decision making
The Board currently comprises of five members and they meet at least six times per year. The Board is responsible for the
strategic direction and policy of the Company.
Day to day management of the Company rests with the Manager who is supported by the team of six full time employees
and four part time employees. Moving On provides volunteer opportunities and has the regular support of three
volunteers responsible for a variety of tasks.
Page 2
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2015
OBJECTIVES & ACTIVITIES
a.
Policies and objectives.
The Charity's purposes, as set out in the objects contained in the Company's Memorandum of Association, are:
•
•
the relief of poverty of person between sixteen and twenty-five years who are homeless or in housing need;
to advance education amongst the public concerning the extent and consequences of homelessness amongst
young people; and
•
other charitable activities for the benefit of young people in housing need.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when
reviewing the aims and objectives and in planning future activities.
Although not specified in the governing document, the Charity's area of activity is County Durham.
b.
Ensuring we deliver our aims.
In order to ensure we are delivering on our aims, we set ourselves targets and review our performance on a regular basis.
In addition, we periodically review our longer term achievements and re-set our future direction through a flexible Business
Plan.
c.
Activities for achieving our objectives
Moving On works with very disadvantaged young people, many referred by statutory agencies. Though presenting with
housing need, they can also have a range of other issues including family conflict and breakdown, drug or alcohol abuse,
anti-social behaviour and offending, unemployment, lack of self-confidence and mental health problems. Considerable time
has to be spent with service users to get their lives on track and includes linking with and referrals to other specialist
services such as criminal justice agencies and Drugs Action Teams. Moving On aims to work holistically with young people
rather than merely dealing with their accommodation issues.
Our main activities and who they are targeted at are described below. All our activities have the prevention of
homelessness at their core; however, they each address a slightly different need. All the activities are undertaken to further
our charitable purposes for the public benefit. To do this a variety of core services are offered.
Information, Advice and Guidance (IAG)
Our IAG service is delivered at a range of young people centred community venues throughout County Durham including
Council offices and Colleges. Its principal target audience is young people who are homeless or are threatened with
homelessness; however, nobody is turned away and support is offered to individuals with a variety of needs.
Page 3
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2015
Although there is a central core of housing specific advice, the service provides advice and signposting on a wide range of
issues that can cause or be exacerbated by homelessness. These include welfare benefits, money management, substance
misuse and mental health matters.
The following statistics show the total numbers of people who have accessed elements of the Outreach IAG service from
April 2014 to March 2015 and achieved positive outcomes.
•
•
•
•
•
•
•
•
241 young people have accessed the advice service via the outreach workers.
357 housing applications have been made.
124 offers of accommodation.
32 opted to return home or not live on their own.
26 offers of supported accommodation.
24 into supported accommodation.
27 age 16–17 referred into Joint Protocol.
132 referred to Floating Support service to sustain their tenancy.
Pre-tenancy support.
This is additional support to help young people through the process of securing long-term accommodation and to plan for
their independence. Support is offered through the house hunting process and young people are taken through a 'reality
check' to explore the full implications of leaving home and the reality of independence.
Floating Support.
This is housing related support delivered to young people in their own home. Designed to meet the needs of our most
vulnerable young people, this service enables them to set up a home, live independently, and achieve their personal goals.
Following referral, an individual support plan will be created between the young person and their support worker. The plan
will set out the practical and emotional support that the young person can expect to receive. This flexible, needs-led service
can be delivered for up to two years. At the end of the support plan period, the young person should feel confident that
they can move forward and achieve any future goals they set themselves.
During 2014/2015:
•
•
60 clients received Floating Support.
Average time on Floating Support service was 52 weeks.
Counselling
Delivered by a qualified counsellor on a voluntary basis for Moving On, this service aims to support young people when life
seems confusing, emotional or unmanageable. The ultimate aim of the service is to help the young people to understand
their feelings and behaviours and develop ways to deal with their issues.
Page 4
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2015
ACHIEVEMENT & PERFORMANCE
a. Review of activities
Funding to provide current and new services continues to be a priority and essential to the continued success of Moving On
(Durham) and the provision of excellent preventative services. Moving On, like many homelessness organisations, is faced
with the dual challenge of high demand and reducing resources. Cuts in Moving On's traditional funding sources means that
where possible new Moving On initiatives must be self-financing and not dependent on grant or contract funding.
Faced with these funding challenges, the Board and Management of Moving On has reviewed its future strategies and
business plans and also engaged the services of a consultant who has extensive knowledge of business planning and funding
sources. The new business plan seeks to develop sustainable income for the organisation, whilst retaining its focus on youth
homelessness and reducing dependence on grants and Supporting People funding.
In July 2014 Northern Rock Foundation awarded Moving On a grant of £50,000 to set up a social lettings scheme. A Housing
Co-ordinator and a Housing Apprentice were recruited and with the manager they have developed a private rented leasing
scheme whereby Moving On leases properties from private landlords in order to house homeless young people. Moving On
then provides floating support in order to help the tenants to sustain their tenancy.
In February 2014 Durham Miners Union served Moving On with six months' notice to leave their offices at 2 Red Hill Villas.
The Manager was successful in finding suitable new premises and in August 2014 Moving On moved into Forster Business
Centre at Framwellgate Moor, Durham.
b. Successes
During the year Moving On has achieved a number of successes:
•
Moving On has been fortunate to receive financial support via sponsored events from DUCK, the charitable arm of
Durham University students' union, and the National Citizen Scheme, alongside donations from local churches. This
support is gratefully acknowledged.
•
Moving On was awarded £25,000 from the Henry Smith Trust for three years, £25,000 from Lloyds Foundation fo
three years and £30,000 from the Ballinger Trust to maintain and extend the Information, Advice and Guidance service
across the whole County until March 2018. This funding enabled Moving On to employ a second Advice Worker and
increase the number of outreach venues to 22 including more rural locations.
•
Moving On was awarded a grant of £50,000 from the Northern Rock Foundation Fresh Ideas fund for the purpose of
setting up a new accommodation service based on a social lettings/private sector leasing scheme, called Moving On
Housing.
•
The charitable company's ongoing commitment to continuing professional development for its staff and volunteers
has seen one volunteer completing level four in Information, Advice and Guidance and subsequently offered a part
time post with the organisation.
Page 5
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2015
•
Moving On volunteer programme continues with three part-time volunteers providing on average, six hours of
support each per week.
•
A successful fundraising sleep out event at Durham Cathedral in partnership with DUCK (Durham University Charity
Kommittee) to raise awareness of homelessness in County Durham and raised £2,956 in unrestricted funds.
•
Moving On obtained ISO 9001 certification, evidence of the good quality services and processes and best practice in
service provision.
•
Moving On adopted the Homeless Link InForm database enabling the organisation to collect valuable information in
order to evidence outcomes achieved by all projects.
FINANCIAL REVIEW
a. Financial review of the year.
Income for the year was £334,616 (2014 £293,675) representing income from service agreements and grant income.
Expenditure was £303,149 (2014 £264,832) of which £292,419 (2014 £263,719) relates to direct charitable expenditure,
including the costs of running the services.
b. Reserves policy.
Reserves at the balance sheet date are £168,970 (2014 £137,503). Of these, £84,372 are restricted funds (2014 £50,777).
The Trustees' long term intention is to hold a balance in unrestricted reserves to ensure that costs, including potential
winding up costs, will be covered for six months.
c. Principal funding
The principal funding sources for the charity during 2014-15:
•
•
•
Durham County Council who fund the floating support service through a Supporting People grant and Home Group
who sub-contract Moving On to provide a floating support service.
The Northern Rock Foundation who provided funding for the Information, Advice and Guidance project, as well as
a start-up grant of £50,000 to set up Moving On Housing as part of their Fresh Ideas Fund initiative.
The Homeless Transition Fund provided funding for the Collaborate Durham initiative. This ended in December 2014.
As a result of ongoing and increasing constraints on local authority expenditure, the charity is determined to ensure its future
funding comes from a much broader range of sources and revenue generated through Moving On Housing. However, the
charity will continue to seek funding from a range of trust funds as well as seeking commissions from a range of agencies for
the proactive work it undertakes that impacts a wide range of agendas. Moving On recognises the need to develop new
services, create new streams of revenue, whilst reducing dependence on grants and Supporting People funding.
Page 6
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2015
PLANS FOR THE FUTURE
Moving On continues to develop the range of services it offers, in particular its outreach service across the county, such that
it provides a one-stop facility to resolve holistically the problems facing 16-25 year olds.
Through the further development of Moving On Housing, the organisation can provide a complete package from outreach
service for young people who are homeless or affected by homelessness, referral into Moving On Housing, provision of
housing related support and move on into permanent affordable accommodation where appropriate.
Although the continuing economic conditions have had an impact, Moving On has continued to deliver high quality services
that make a real difference. In addition, Moving On has also continued to explore new ways of moving forward.
The Board of Trustees has invested much time in development management tools that allow for effective control of the
organisation as it continues to grow as a leading homeless charity in the region. It has reviewed its policies and procedures,
management structure, direction of travel, and its financial status and continues to follow the current Business Plan. It has
established that its reserves position is sufficient to meet Trustees' commitments. This will be reviewed on an annual basis as
commitments change.
TRUSTEES’ RESPONSIBILITIES STATEMENT
The Trustees (who are also directors of Moving On (Durham) Limited for the purposes of company law) are responsible for
preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom
Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law required the Trustees to prepare financial statements for each financial year. Under company law the Trustees
must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of
the charitable company and of the incoming resources and application of resources, including the income and expenditure, of
the charitable company for that period. In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently;
•
observe the methods and principles in the Charities SORP;
•
make judgements and accounting estimates that are reasonable and prudent;
•
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed
•
and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable
•
company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable
company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company
and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for
safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
In preparing this report, the Trustees have taken advantage of the small companies exemptions provided by section 415A of
the Companies Act 2006.
This report was approved by the Trustees on 9 November 2015 and signed on their behalf by:
Mark Farren
Page 7
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2015
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MOVING ON (DURHAM) LIMITED
I report on the financial statements of the company for the year ended 31 March 2015 which are set out on
pages 10 to 19.
This report is made solely to the charitable company's Trustees, as a body, in accordance with section 145 of the Charities
Act 2011 and regulations made under section 154 of that Act. My work has been undertaken so that I might state to the
charitable company's Trustees those matters I am required to state to them in an Independent examiner's report and for no
other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the
charitable company and the charitable company's Trustees as a body, for my work or for this report.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
The Trustees, who are also the directors of the company for the purposes of company law, are responsible for the
preparation of the financial statements. The Trustees consider that an audit is not required for this year under section 144(2)
of the Charities Act 2011 (the Act) and that an independent examination is needed. The charitable company's gross income
exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of The Institute of
Chartered Accountants in England and Wales.
Having satisfied myself that the charitable company is not subject to audit under charity or company law and is eligible for
independent examination, it is my responsibility to:
•
•
•
examine the financial statements under section 145 of the Act;
follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of
the Act; and
state whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER'S REPORT
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination
includes a review of the accounting records kept by the charitable company and a comparison of the financial statements
presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements,
and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all
the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements
present a 'true and fair view' and the report is limited to those matters set out in the statement below.
Page 8
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
INDEPENDENT EXAMINER'S REPORT (continued)
FOR THE YEAR ENDED 31 MARCH 2015
INDEPENDENT EXAMINER'S STATEMENT
In connection with my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
• to keep accounting records in accordance with section 386 of the Companies Act 2006;
and
• to prepare financial statements which accord with the accounting records and comply with the accounting
requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of
Recommended Practice: Accounting and Reporting by Charities
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial
statements to be reached.
Signed:
Dated:
Detlev Anderson Chartered Accountant
Ryecroft Glenton
32 Portland Terrace
Jesmond
Newcastle upon Tyne
NE2 1QP
Page 9
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
(incorporating income and expenditure account)
FOR THE YEAR ENDED 31 MARCH 2015
INCOMING RESOURCES
Incoming resources from generated funds:
Voluntary income
Incoming Resources from Activities to
further the Charity’s Objects
Investment income
Restricted
funds
2015
Note
£
Unrestricted
funds
2015
£
163,607
2
3
TOTAL INCOMING RESOURCES
Total
funds
2015
£
Total
funds
2014
£
30,858
194,465
166,940
140,151
-
140,151
-
126,735
-
163,607
171,009
334,616
293,675
-
RESOURCES EXPENDED
Charitable activities
Governance costs
4
9
144,882
10,173
147,537
557
292,419
10,730
263,719
1,113
TOTAL RESOURCES EXPENDED
5
155,055
148,094
303,149
264,832
8,552
22,915
31,467
28,843
Transfer between funds
25,043
(25,043)
Total funds at 1 April 2014
50,777
86,726
137,503
108,660
TOTAL FUNDS AT 31 MARCH 2015
84,372
84,598
168,970
137,503
MOVEMENT IN TOTAL FUNDS FOR THE
YEAR - NET INCOME / (EXPENDITURE)
FOR THE YEAR
-
-
The notes on pages 12 to 19 form part of these financial statements.
Page 10
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
Registered number: 05495172
BALANCE SHEET
AS AT 31 MARCH 2015
FIXED ASSETS
Tangible Assets
Note
£
2015
£
£
2014
£
-
12
-
CURRENT ASSETS
Debtors
Cash at bank and in hand
Creditors: amounts falling due within
one year
NET CURRENT ASSETS
Creditors: amounts falling due after
one year
NET ASSETS
13
42,723
135,140
177,863
16,697
122,387
139,084
14
(5,393)
(1,581)
172,470
137,503
14
(3,500)
168,970
137,503
Restricted funds
15
84,372
50,777
Unrestricted funds
15
84,598
86,726
168,970
137,503
CHARITY FUNDS
TOTAL FUNDS AT 31 MARCH 2015
The trustees consider that the company is entitled to exemption from the requirement to have an
audit under the provisions of section 477 of the Companies' Act 2006 (the "Act") and members have
not required the company to obtain an audit for the year in question in accordance with section 476
of the Act.
The trustees acknowledge their responsibility to comply with the requirements of the Companies
Act 2006 with respect to accounting records and for preparing financial statements which give a true
and fair view of the state of affairs of the company as at 31 March 2015 and its net incoming
resources for the year in accordance with the requirements of the Companies Act 2006 relating to
financial statements as far as applicable to the company.
These financial statements have been prepared in accordance with the provisions applicable to
small companies within part 15 of the Companies Act 2006 and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).
The financial statements were approved by the trustees on 9 November 2015 and signed on their behalf by:
Mark Farren
The notes on pages 12 to 19 form part of these financial statements.
Page 11
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
1. ACCOUNTING POLICIES
1.1 Basis of preparation of financial statements
The financial statements have been prepared under the historical cost convention, with the
exception of investments, which are included at market value, in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008). The financial statements have been
prepared in accordance with the Statement of Recommended Practice (SORP), "Accounting and
Reporting by Charities" published in March 2005, applicable accounting standards and the
Companies Act 2006.
1.2 Company status
The charity is a company limited by guarantee. The members of the company are the trustees
named on page 1. In the event of the company being wound up, the liability in respect of the
guarantee is limited to £1 per member of the company.
1.3 Fund accounting
General funds are the unrestricted funds available for use at the discretion of the trustees in
furtherance of the general objectives of the company and which have not been designated for other
purposes. These include contracts to provide charitable services.
Restricted funds are to be used in accordance with specific restrictions imposed by donors or which
have been raised by the charity for particular purposes. The costs of raising and administering such
funds are charged against each specific fund. The aim and use of each restricted fund is set out in note
15 to the financial statements.
Investment income, gains and losses (if any) are allocated to the appropriate fund.
1.4 Incoming resources
All incoming resources are included in the statement of financial activities when the company has
entitlement to the funds, certainty of receipt and the amount can be measured accurately.
1.5 Resources expended
Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT which
cannot be fully recovered and is reported as part of the expenditure to which it relates and has been
included in expense categories that aggregate all costs for allocation to activities.
Support costs are incurred directly in support of expenditure on the objects of the charity and include
project management. Governance costs include those costs associated with meeting the constitutional and
statutory and strategic management requirements of the charity and include accounting and legal costs.
1.6 Going concern
The trustees have a reasonable expectation that the charitable company has adequate resources to continue
operate for the foreseeable future. Therefore, the trustees continue to adopt the going concern basis
in preparing the annual financial statements.
Page 12
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
1.
ACCOUNTING POLICIES (continued)
1.7 Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost of fixed assets, less the estimated residual value, over their
expected useful lives on the following basis:
Fixture & fittings
Computer equipment
2.
-
15% straight line
25% straight line
Restricted
funds
2015
£
163,607
Unrestricted
funds
2015
£
2,061
28,797
Total
funds
2015
£
2,061
192,404
Total
funds
2014
£
19,881
147,059
163,607
30,858
194,465
166,940
Incoming Resources from Activities to further the Charity’s Objects
Restricted Unrestricted
funds
funds
2015
2015
£
£
Floating Support for young adults
68,312
Homestay Stonham
51,632
20,207
Rental Income
-
Total
funds
2015
£
68,312
51,632
20,207
Total
funds
2014
£
65,270
61,465
-
VOLUNTARY INCOME
Donations
Grants
Voluntary Income
3.
4.
-
140,151
140,151
126,735
Restricted
funds
2015
£
19,088
49,765
60,934
15,095
144,882
Unrestricted
funds
2015
£
68,920
54,093
22,119
2,405
147,537
Total
funds
2015
£
68,920
54,093
22,119
19,088
49,765
2,405
60,934
15,095
292,419
Total
funds
2014
£
65,270
61,465
53,222
4,654
79,108
263,719
EXPENDITURE BY CHARITABLE ACTIVITY
SUMMARY BY FUND TYPE
Floating support
Homestay Stonham
Moving On Housing
Moving On Fresh Ideas*
Advice*
Groupwork / Lifeskills
Homeless Transition (Collaborate)
Garfield Weston
Ballinger Trust
Lloyds Foundation
*Assisted by a grant from the Northern Rock Foundation
Page 13
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
5.
ANALYSIS OF RESOURCES EXPENDED BY EXPENDITURE TYPE
Floating support
Homestay Stonham
Moving On Housing
MovingOn Fresh Ideas
Advice
Groupwork / Lifeskills
Homeless Transition (Collaborate)
Garfield Weston
Ballinger Trust
Lloyds Foundation
Staff costs
2015
£
50,621
37,109
6,965
11,590
35,220
37,313
2,134
-
Other costs
2015
£
18,299
16,984
15,154
7,498
14,545
2,405
23,621
12,961
-
Total
2015
£
68,920
54,093
22,119
19,088
49,765
2,405
60,934
15,095
-
Total
2014
£
65,270
61,465
53,222
4,654
79,108
-
180,952
111,467
292,419
263,719
-
10,730
10,730
1,113
180,952
122,197
303,149
264,832
Activities
undertaken
directly
2015
£
45,842
34,554
13,323
17,786
31,557
2,405
52,402
12,961
210,830
Support
costs
2015
£
23,078
19,539
8,796
1,302
18,208
8,532
2,134
81,589
Total
2015
£
68,920
54,093
22,119
19,088
49,765
2,405
60,934
15,095
292,419
Total
2014
£
65,270
61,465
53,222
4,654
79,108
263,719
-
10,730
10,730
1,113
210,830
92,319
303,149
264,832
Charitable Activities
Governance
Total
6.
ANALYSIS OF RESOURCES EXPENDED BY ACTIVITIES
Floating support
Homestay Stonham
Moving On Housing
Moving On Fresh Ideas
Advice
Groupwork / Lifeskills
Homeless Transition (Collaborate)
Garfield Weston
Ballinger Trust
Lloyds Foundation
Total
Governance
Total
Page 14
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
7.
DIRECT COSTS
Costs allocated directly
Recruitment & redundancy
Publicity & Marketing
Staff Travel
Mobile phones
Landline & Internet
IT Support
Stationery, postage & copying
Young Peoples' Assistance
Relief
HR & Payroll fees
Sessional worker
Key Fund
Staff Training
Collaborate
Fund Raising consultancy
Sundry
Wages & Salaries
Housing Rent Payments
Recruitment & redundancy
Publicity & Marketing
Staff Travel
Mobile phones
Landline & Internet
IT Support
Stationery, postage & copying
Young Peoples' Assistance
Relief
HR & Payroll fees
Sessional worker
Key Fund
Staff Training
Collaborate
Fund Raising consultancy
Sundry
Wages & Salaries
Housing Rent Payments
Total
Floating
support
£
81
465
2,904
609
1,519
571
756
679
773
2,515
146
34,824
45,842
Homestay
Stonham
£
130
456
2,926
603
1,488
534
701
669
753
2,465
143
23,686
34,554
Groupwork/
lifeskills
£
2,405
2,405
Homeless
Transition
£
590
203
557
214
225
655
8,235
11,462
30,261
52,402
Moving On Northern Rock Foundation
Housing
Fresh Ideas*
Advice*
£
£
£
335
75
170
346
81
1,882
2,225
86
126
425
243
243
1,122
171
438
177
177
619
100
167
528
413
520
623
2,000
1,868
112
47
847
11,590
23,179
11,731
13,323
17,786
31,557
Garfield
Weston
£
45
5
20
12,891
12,961
Total
2015
£
621
1,437
10,608
2,052
5,172
1,928
2,700
105
2,425
2,698
10,694
20,933
14,186
123,540
11,731
210,830
Total
2014
£
313
2,125
8,975
1,589
4,298
16,603
1,516
314
6,109
2,261
7,066
9,913
1,500
1,461
120,136
184,179
*Assisted by a grant from the Northern Rock Foundation
Page 15
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
8.
SUPPORT COSTS
Allocated in proportion to
time spent
Rent, cleaning & security
Utilities
Office Equipment
Man & Admin staff training
Man & admin staff travel
Statutory Insurance & Subs
Volunteer Expenses
Staff meetings & Refreshment
Wages & Salaries
Depreciation
Rent, cleaning & security
Utilities
Office Equipment
Man & Admin staff training
Man & admin staff travel
Statutory Insurance & Subs
Volunteer Exps
Staff meetings & Refreshment
Wages & Salaries
Depreciation
Total
9.
GOVERNANCE COSTS
Accountancy fees
Independent examiner fees
Governance - trustees expenses
Legal
Floating
support
£
Homestay
Stonham
£
Moving On
Housing
£
Northern Rock Foundation
Fresh Ideas*
£
Advice*
£
5,239
459
825
193
81
435
22
108
15,716
-
4,195
422
807
190
78
427
21
105
13,294
-
2,025
16
2
107
1
16
6,629
-
560
85
543
77
37
-
4,003
322
570
153
54
335
729
76
11,966
-
23,078
19,539
8,796
1,302
18,208
2,134
-
Total
2015
£
16,647
1,541
2,763
613
215
1,548
773
698
56,791
-
Total
2014
£
12,568
3,230
1,137
105
410
1,547
374
736
58,690
743
8,532
2,134
81,589
79,540
Restricted
funds
2015
£
650
250
9,273
Unrestricted
funds
2015
£
307
250
-
Total
funds
2015
£
957
500
9,273
10,173
557
10,730
Homeless
Transition
£
625
253
2
207
393
7,052
-
Garfield
Weston
£
Total
funds
2014
£
1,113
1,113
Page 16
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
10. NET INCOME / (EXPENDITURE)
This is stated after charging:
Depreciation of tangible fixed assets
- owned by charity
Restricted
funds
2015
£
Unrestricted
funds
2015
£
-
-
Total
funds
2015
£
Total
funds
2014
£
-
743
Total
funds
2015
£
169,126
11,205
621
180,952
Total
funds
2014
£
163,501
14,444
881
178,826
During the year, no trustee received any remuneration (2014 - £nil)
During the year, no trustee received any benefits in kind (2014 - £nil)
During the year, no trustee received any reimbursement of expenses (2014 - £nil)
11. STAFF COSTS
Staff costs were as follows:
Wages & salaries
National Insurance contributions
Pension contributions
Recruitment & redundancy
Restricted
funds
2015
£
81,316
4,866
75
86,257
Unrestricted
funds
2015
£
87,810
6,339
546
94,695
2015
8
The average number of employees during the year was as follows:
2014
7
No employee received remuneration amounting to more than £60,000 in either year.
12. TANGIBLE FIXED ASSETS
Cost:
At 1st April 2014
Depreciation:
At 1st April 2014
Charge for the year
(1st April 2013)
(1st April 2013)
At 31st March 2015
Net Book Value:
At 31st March 2015
(31st March 2014)
Fixtures &
fittings
2015
£
12,021
Computer
Equipment
2015
£
7,059
Total
Total
2015
£
19,080
2014
£
19,080
12,021
-
7,059
-
19,080
-
18,337
743
12,021
7,059
19,080
19,080
-
-
-
-
Page 17
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
13. DEBTORS
Prepayments & accrued income
Other debtors
14. CREDITORS
Amounts falling due within one year
Accruals & deferred income
Amounts falling due after one year
Long Term loan (Key Fund)
15. STATEMENT OF FUNDS
Unrestricted funds:
Floating support
Homestay Stonham
Moving On Housing
Other General funds
Restricted funds:
Northern Rock Foundation (Advice)
Northern Rock Foundation (Fresh Ideas)
Homeless Transition (Collaborate)
Ballinger Trust
Garfield Weston
Lloyds Foundation
Total Funds
Total
2015
£
42,723
-
Total
2014
£
4,041
12,656
42,723
16,697
Total
2015
£
5,393
5,393
Total
2014
£
1,581
1,581
3,500
3,500
-
At 1 April
2014
£
Incoming
resources
£
Resources
expended
£
Transfer
funds
£
At 31 March
2015
£
86,726
86,726
68,312
51,632
20,757
30,308
171,009
(69,198)
(54,372)
(22,119)
(2,405)
(148,094)
886
2,740
(28,669)
(25,043)
(1,362)
85,960
84,598
34,077
16,700
-
25,000
49,959
34,874
29,112
24,662
(50,043)
(19,361)
(68,951)
(16,700)
-
25,043
-
30,598
29,112
24,662
50,777
137,503
163,607
334,616
(155,055)
(303,149)
25,043
-
84,372
168,970
The nature and purpose of the restricted funds are set out below:
Northern Rock Foundation (Advice) - development of the advice and information service & group work
£25,043 of matched funds were transferred into this restricted fund to help complete this work.
Northern Rock Foundation (Fresh Ideas) - support for Fresh Ideas in Housing
Homeless Transition Fund - a collaboration between Moving On, DASH, Waddington Street and Shaid
Garfield Weston - to help with core costs and new publicity material
Ballinger Trust - funding Advice Worker assisting young people homeless or affected by homelessness
Lloyds Foundation - funding Advice Worker assisting young people homeless or affected by homelessness
Page 18
MOVING ON (DURHAM) LIMITED
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2015
16. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Tangible fixed assets
Current assets
Creditors due within one year
Creditors due after one year
Restricted
funds
2015
£
Unrestricted
funds
2015
£
84,372
84,372
93,491
(5,393)
(3,500)
84,598
Total
funds
2015
£
Total
funds
2014
£
177,863
(5,393)
(3,500)
168,970
139,084
(1,581)
137,503
Page 19