HARBOR HOUSING C.I.C.

Company limited by guarantee

Company Registration Number:
12720026 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

HARBOR HOUSING C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HARBOR HOUSING C.I.C.

Directors' report period ended 31 July 2023

The directors present their report with the financial statements of the company for the period ended 31 July 2023

Directors

The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023

Evans Gathiaka Harrington
Stephen Njenga Harrington


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 April 2024

And signed on behalf of the board by:
Name: Evans Gathiaka Harrington
Status: Director

HARBOR HOUSING C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 292,158 123,982
Cost of sales: ( 202,680 ) ( 85,140 )
Gross profit(or loss): 89,478 38,842
Distribution costs: 0 0
Administrative expenses: ( 74,321 ) ( 44,620 )
Other operating income: 0 0
Operating profit(or loss): 15,157 (5,778)
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 148 ) ( 86 )
Profit(or loss) before tax: 15,009 (5,864)
Tax: 0 0
Profit(or loss) for the financial year: 15,009 (5,864)

HARBOR HOUSING C.I.C.

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,160 960
Investments:   0 0
Total fixed assets: 1,160 960
Current assets
Stocks:   0 0
Debtors: 4 20,000 20,000
Cash at bank and in hand: 41,748 29,439
Investments:   0 0
Total current assets: 61,748 49,439
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 34,443 ) ( 36,943 )
Net current assets (liabilities): 27,305 12,496
Total assets less current liabilities: 28,465 13,456
Creditors: amounts falling due after more than one year: 6 ( 23,000 ) ( 23,000 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 5,465 (9,544)
Members' funds
Profit and loss account: 5,465 ( 9,544)
Total members' funds: 5,465 (9,544)

The notes form part of these financial statements

HARBOR HOUSING C.I.C.

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 April 2024
and signed on behalf of the board by:

Name: Evans Gathiaka Harrington
Status: Director

The notes form part of these financial statements

HARBOR HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HARBOR HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 1

HARBOR HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 0 0 0 1,000 0 1,000
Additions 0 0 0 500 0 500
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 July 2023 0 0 0 1,500 0 1,500
Depreciation
At 1 August 2022 0 0 0 40 0 40
Charge for year 0 0 0 300 0 300
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 July 2023 0 0 0 340 0 340
Net book value
At 31 July 2023 0 0 0 1,160 0 1,160
At 31 July 2022 0 0 0 960 0 960

HARBOR HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Debtors

2023 2022
£ £
Trade debtors 20,000 20,000
Prepayments and accrued income 0 0
Other debtors 0 0
Total 20,000 20,000
Debtors due after more than one year: 0 0

HARBOR HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 34,443 36,943
Total 34,443 36,943

HARBOR HOUSING C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 23,000 23,000
Total 23,000 23,000

COMMUNITY INTEREST ANNUAL REPORT

HARBOR HOUSING C.I.C.

Company Number: 12720026 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

Harbor Housing is a charity with a mission. Our mission is to transform the lives of the West London's most vulnerable individuals and play our part in making homelessness a thing of the past.We provide a range of tailored services all with the aim of helping people who are either homeless or facing homeless transform their lives. Ranging from supported accommodation to our dedicated property project for women fleeing domestic abuse or sexual violence, to our outreach project or seasonal cold weather provision, everything we do has one aim in mind – changing people’s lives for the better.We don’t just provide people with a roof over their head. We provide them with a home, and while they are with us, we work with them to help them overcome the barriers that lie between them and a life of independent living.Here at Harbor Housing, we believe that having a home of your own is a basic right, not a privilege. It’s our aim to be part of the solution and do our bit to make that a reality.

Consultation with stakeholders

The company’s stakeholders are the homeless population, students new to the area and women and men fleeing abusive situations.The directors of the company have lived in West London for a number of years and developed the business model for the shop based on their experience of talking to other residents.We ask everyone using our services for the first time to fill in a short questionnaire about their living habits. This has helped us to build up a profile of local accommodation needs and what we can do to meet them more effectively. Our research has enabled us to identify that there are about 204 people in West London without access to cheap renting or where some homeless have impaired mobility, and a further 110 or so people who now use the company for at least 30 per cent of their temporary accommodation needs.We encourage those working with us to pick up ideas for the charity when talking to them and we keep a “suggestions box” for people to provide details of services which they would like to see provided by us.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £25,000.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 April 2024

And signed on behalf of the board by:
Name: Evans Gathiaka Harrington
Status: Director