THE SINGLE HOMELESS PROJECT

Charity number: 287779
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

SHP is a London-based charity that works to prevent homelessness and help vulnerable and socially excluded people to transform their lives. We do this by providing support and accommodation, promoting wellbeing, enhancing opportunity, and being a voice for change. Our services are located across 20 London boroughs.

Income and expenditure

Data for financial year ending 31 March 2024

Total income:
£41,053,171

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Donations and legacies £1.63m
Charitable activities £39.02m
Other trading activities £65.50k
Investments £72.20k
Other £265.85k

Total expenditure:
£40,632,726

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Raising funds £522.22k
Charitable activities £40.11m
Other £0

£0 investments gains (losses)

Total income includes £24,292,205 from 22 government contract(s)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £522.22k
Charitable expenditure £40.11m
Retained for future use £420.45k

People

838 Employee(s)

10 Trustee(s)

905 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 4
£70k to £80k 2
£80k to £90k 2
£90k to £100k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

What the charity does:
  • Education/training
  • The Prevention Or Relief Of Poverty
  • Accommodation/housing
Who the charity helps:
  • Children/young People
  • Elderly/old People
  • People With Disabilities
  • Other Defined Groups
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
  • Other Charitable Activities
Where the charity operates:
  • Throughout London

Governance

Registration history:
  • 16 September 1983: Standard registration
  • 10 May 2023: Funds received from 1159368 THE JOE STRUMMER FOUNDATION
Organisation type:
Charitable company
Other names:

No other names

Company number:
01741926 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Jon Rosser Chair 25 September 2019
None on record
Jasmine Basran Trustee 17 July 2024
None on record
Emilie McCarthy Trustee 15 May 2024
None on record
Samantha Storey Trustee 15 May 2024
None on record
Sadie Daryan Trustee 15 May 2024
None on record
Meeta Luthra Trustee 16 March 2022
ADVANCE ADVOCACY AND NON-VIOLENCE COMMUNITY EDUCATION
Received: On time
Chinyere Ugwu Trustee 16 March 2022
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANSELM,BELMONT
Received: On time
THE FINCHLEY CHARITIES
Received: On time
Ian Adams Trustee 30 November 2021
THE UNITE FOUNDATION
Received: On time
Nicola Anne Boland Trustee 23 September 2020
None on record
Peter Brogden Trustee 15 July 2020
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Total gross income £27.83m £36.40m £37.14m £38.90m £41.05m
Total expenditure £27.79m £34.41m £37.04m £38.71m £40.63m
Income from government contracts £24.66m £31.92m £34.02m £23.73m £24.29m
Income from government grants N/A N/A N/A N/A N/A
Income - Donations and legacies £657.86k £1.12m £1.49m £1.18m £1.63m
Income - Other trading activities £0 £0 £0 £0 £65.50k
Income - Charitable activities £26.93m £33.17m £35.24m £37.33m £39.02m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £6.21k £924 £50 £50 £72.20k
Income - Other £240.93k £2.10m £414.93k £390.60k £265.85k
Income - Legacies £0 £0 £0 £0 £0
Expenditure - Charitable activities £27.62m £34.23m £36.83m £38.39m £40.11m
Expenditure - Raising funds £171.09k £176.72k £214.98k £318.47k £522.22k
Expenditure - Governance £0 £72.59k £0 £63.33k £75.16k
Expenditure - Grants institution £0 £0 £61.26k £0 £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/03/2020 31/03/2021 31/03/2022 31/03/2023 31/03/2024
Own use assets £2.31m £3.37m £3.20m £3.05m £2.55m
Long-term investments £0 £0 £0 £0 £0
Other assets £5.54m £7.54m £7.95m £7.42m £9.40m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £3.90m £4.97m £5.11m £4.24m £5.30m

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 March 2024 15 January 2025 On Time
Accounts and TAR 31 March 2024 15 January 2025 On Time Download Open in new window
Annual return 31 March 2023 15 December 2023 On Time
Accounts and TAR 31 March 2023 15 December 2023 On Time Download Open in new window
Annual return 31 March 2022 30 September 2022 On Time
Accounts and TAR 31 March 2022 23 October 2022 On Time Download Open in new window
Annual return 31 March 2021 25 January 2022 On Time
Accounts and TAR 31 March 2021 25 January 2022 On Time Download Open in new window
Annual return 31 March 2020 23 December 2020 On Time
Accounts and TAR 31 March 2020 23 December 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES OF ASSOCIATION INCORPORATED 25TH JULY 1983 AS AMENDED BY SPECIAL RESOLUTION DATED 17TH JUNE 2004 AND SPECIAL RESOLUTION DATED 19 MAY 2010. AS AMENDED BY SPECIAL RESOLUTION(S) DATED 16 NOV 2016 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 20 JAN 2021

Charitable objects

TO PROVIDE RELIEF TO PERSONS IN NEED BY REASON OF AGE, FRAILTY, ILL HEALTH, MENTAL, OR PHYSICAL DISABILITY, POVERTY, SOCIAL OR ECONOMIC CIRCUMSTANCES, OR OTHERWISE THROUGH THE PROVISION OF SUPPORT SERVICES AND OTHER WAYS AS THE TRUSTEES SHALL DETERMINE.

Area of benefit

The area the charity can operate in, as set out in its governing document.

GREATER LONDON AREA

Contact information

Address:
245 Gray's Inn Road
LONDON
WC1X 8QY
Phone:
02045098300
Email:
info@shp.org.uk
Website:

www.shp.org.uk Open in new window