Charity Registration No. 1055109
Company Registration No. 03177916 (England and Wales)
BEACON HOUSE MINISTRIES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
BEACON HOUSE MINISTRIES
CONTENTS
Page
Company information
1
Trustees report
2 - 5
Independent examiner's report
6
Statement of financial activities
7 - 8
Balance sheet
9 - 10
Notes to the financial statements
11 - 27
BEACON HOUSE MINISTRIES
LEGAL AND ADMINISTRATIVE INFORMATION
- 1 -
Trustees
F J Sheppard
B J Roberts
J Lambert
N J Young
C N Bennett
R Harris
R Greeves
(Appointed 2 September 2024)
Secretary
C N Bennett
Charity number
1055109
Company number
03177916
Registered office
36 Lexden Road
Colchester
Essex
England
CO3 3RF
Independent examiner
TC Group
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
BEACON HOUSE MINISTRIES
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT)
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -

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 2025. The trustees have adopted the provisions 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 (FRS 102) (effective 1 January 2019).

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's [governing document], the Companies Act 2006 and "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 (FRS 102)" (effective 1 January 2019).

Objectives and activities

The Objectives of the Charity are as stated below:

 

‘Beacon House Ministries exists to provide Christ-centred love, hope and acceptance to those who are homeless or without permanent accommodation. By engaging with them, and working together, we aim to positively impact and transform their lives, enabling them to realise their full potential - bringing hope to the lost through the love of Jesus.’

 

The work at Beacon House started in March 1996 and a team of paid and volunteer workers carry out the functions of the Charity. All staff are committed to the principles of the Christian faith in accordance with the Charity policy. At the end of the year there were 10 employed staff and 26 regular volunteers working at Beacon House. The work was also supported by student placements from Colchester Institute and Essex, Suffolk, and Anglia Ruskin Universities.

 

It is important to state that although we are a ‘faith based’ Christian charity, we welcome Guests of all faiths, or no faith, and treat everyone exactly the same. That approach applies equally to all the other eight protected characteristics, i.e. age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, sex, and sexual orientation.

 

The Day Centre and Primary Health Centre are conveniently located on Crouch Street and offer a very wide range of services, tailored to each individual. Healthcare services include two drop-in clinics, vaccinations, nurse consultations, sexual health services, cervical screening and needle exchange. Welfare services include breakfast and hot lunch, tea and coffee throughout the day, a barber, postal services, a computer suite, showers, laundry facilities and help with alcoholism and smoking cessation. Through our association with the Essex Law Clinic, we are also able to offer our Guests a degree of legal guidance.

 

Given that our aim is to walk with, and empower, our Guests on the journey towards self-fulfilled and independent lives, through our Occupational Therapy team (Senior OT plus an OT Assistant) we provide help with their personal development which includes life skill training and occupational therapy (both internal and external activities). Full health and wellbeing assessments are also provided using the nationally recognised Outcomes Star programme and this enables our Guests to move forward into healthier and more stable lives.

 

 

 

 

 

BEACON HOUSE MINISTRIES
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -

Beacon House also works very closely with a number of other organisations including Colchester Emergency Night Shelter, Emmaus, NACRO, Sanctuary Housing, Essex Law Clinic, Colchester Food Bank, Phoenix Futures, Alcoholics Anonymous, Colchester Borough Homes, Open Door, Open Road, STaRS and Job CentrePlus. We also interact, as appropriate, with the Police and Probation Service, with whom we enjoy a very good working relationship.

 

Public benefit

The directors have regard to the public benefit general guidance issued by the Charity Commission. They believe that the description of the Company's activities in this annual report evidence that those activities carry out the Company's objects for the public benefit.

Achievements and performance

Developments in the Current Year

 

As mentioned last year, over the past 4-5 years we have been gradually shifting our model from one that was predominantly based on free handouts, without too many questions asked, to one of significant Guest engagement.

 

Whilst this has not been without its challenges, particularly with those who knew Beacon House of old, the outcomes are demonstrably better. Given that our goal for every Guest is to help them move from a position of being ‘stuck’ (whatever ‘stuck’ looks like for that particular individual) to living a self-fulfilled, independent life, everything we say and everything we do must contribute positively towards that goal.

 

We will walk the road with anybody, but we absolutely will not walk it for them – and that means they have to be honest, and they have to engage in a very positive way.

 

Doing things for people who can do those same things themselves is not helpful at all – it simply disempowers them, creates dependencies and fails to take them forward in life. Only by participation and contribution is real transformation made and, time and time again, we are proving that by the approach we now take.

 

As with any forward-looking organisation, we are continually evaluating what we offer against the current need and ensuring it remains ‘fit for purpose’. Sometimes that evaluation leads us to make evolutionary changes, i.e. tweaking an existing service or activity to make it produce better Guest outcomes, and sometimes that evaluation leads to revolution, i.e. we scrap something that once worked but no longer does, and we utilise our resources for something else that does indeed give us the outcomes we desire.

 

Our relationship with partners continues to grow as we, together, recognise that each has something to offer the other, to the benefit of the community we seek to serve.

 

The most exciting partnership, certainly in terms of lives changed, is our continuing work with Hope House (the Adam Project) in Lowestoft. This residential rehabilitation charity for men, is run by a very dedicated team, all of whom have lived experience of addiction. Eleven of our Guests have either been, or currently are, at Hope House, and in over 80% of cases the outcomes, either completed by moving on our still there, have been positive. Lives have been changed in really positive ways, and we look forward to this continued partnership resulting in permanent freedom from addiction and lives being transformed as a direct result.

 

BEACON HOUSE MINISTRIES
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -

Statistics for the year ending March 2025

Number     Percentage

 

Total number of people accessing services         484

New registrations during the year             262     54%

 

Males                          185          71%

Females                          77         29%

 

18 years                          1         0%

19 - 25 years                      38         15%

26 - 40 years                      118         45%

41 - 60 years                      81         31%

61 years +                      24         9%

 

 

Clinical Appointments 1,757

 

Issues Resolved Entirely 'In House' 1,733 98%

 

Referrals on to GP's 24 2%

 

Number of unique patients seen             432        

 

Number of people provided with accommodation     241

Beacon House is by no means an island and we could not achieve all we currently do without the help of our volunteers, the partner organisations we work with and those who support us financially - individuals, churches, groups, companies and grant making bodies. I would like to record our grateful thanks to each and every one who has played their part in helping us seek to transform lives through the work of Beacon House.

Financial review

Although the budget for 2024/2025 anticipated a significant financial deficit close to £100k, we are pleased to report that although we did lose money from a ‘trading perspective’, the deficit was significantly less than expected (-£19k). Part of this is down to a careful and considered restructuring of paid roles, and partly because some areas of income, namely grants and accommodation income, performed better than expected. The only reason we have posted a surplus for the year (£35k) is due to a revaluation on some investment property the Charity owns.

 

Assuming we can secure new grants of at least £45k (in addition to those grants that are ongoing) the anticipated financial outcome for 2025/2026 will be breakeven.

 

Our policy on free reserves remains the same, i.e. we seek to retain reserves equivalent to six months total operating costs.

 

The accounts for the year ended 31st March 2025 are set out in pages 7 to 27.

BEACON HOUSE MINISTRIES
TRUSTEES REPORT (INCLUDING DIRECTOR'S REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -

Investment policy and objectives

There are no long-term investment policies due to the uncertainty of our funding income. There is an aspiration to grow income and to continue to grow our services, and this policy will continue to be reviewed.

Structure, governance and management

Beacon House is a registered charity and is a company limited by guarantee. As set out in our Memorandum and Articles of Association the Company is managed by its directors, who determine its functions and policy and act as charity Trustees. Management and direction of routine operations, external relations and income generation is undertaken by the Chief Executive Officer, Steve Brown.

 

The trustees regularly review the skills, aptitudes and experiences that are required to ensure there is good governance. When vacancies occur, or skill gaps are identified the trustees approach individuals from the community who are known to meet the necessary criteria. There is an application and assessment process, after which new trustees are invited to join the board.

 

The trustees meet bi-monthly with the CEO to manage the strategic and operational aspects of the charity. Sub-committees, who report back to the main board, are formed where more in depth consideration of specific subjects is required. Trustees are required to visit the charity regularly in order to maintain strong and meaningful relationships with team members.

 

Risk Management

The directors regularly review the major risks which the Charity faces and confirm that systems are in place to mitigate such risks, supported by regular reporting.

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

 

F J Sheppard
D P Watts
(Retired 13 July 2024)
R A Crayston
(Retired 13 July 2024)
B J Roberts
J Lambert
N J Young
C N Bennett
R Harris
R Greeves
(Appointed 2 September 2024)

The trustees report was approved by the Board of Trustees.

F J Sheppard
Trustees
8 August 2025
BEACON HOUSE MINISTRIES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF BEACON HOUSE MINISTRIES
- 6 -

I report to the trustees on my examination of the financial statements of Beacon House Ministries (the charity) for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity 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 the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of UK, 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 that in any material respect:

1

accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

2

the financial statements do not accord with those records; or

3

the financial statements 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

4

the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

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 order to enable a proper understanding of the financial statements to be reached.

Jacqueline Frost ACA
11 De Grey Square
De Grey Road
Colchester
Essex
CO4 5YQ
Dated: 12 August 2025
BEACON HOUSE MINISTRIES
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 7 -
Current financial year
Unrestricted
Restricted
Total
Total
funds
funds
2025
2025
2025
2024
Notes
£
£
£
£
Income from:
Donations and legacies
3
122,079
-
122,079
91,283
Charitable activities including grants
4
19,813
194,035
213,848
275,290
Other trading activities
5
4,822
-
4,822
6,552
Investments
6
68,004
-
68,004
55,831
Total income
214,718
194,035
408,753
428,956
Expenditure on:
Charitable activities
7
221,007
207,156
428,163
399,142
Total expenditure
221,007
207,156
428,163
399,142
Net gains/(losses) on investments
12
32,963
21,499
54,462
16,896
Net income and movement in funds
26,674
8,378
35,052
46,710
Reconciliation of funds:
Fund balances at 1 April 2024
629,751
387,468
1,017,219
970,509
Fund balances at 31 March 2025
656,425
395,846
1,052,271
1,017,219

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

BEACON HOUSE MINISTRIES
STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED)
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2025
- 8 -
Prior financial year
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
Notes
£
£
£
Income from:
Donations and legacies
3
90,701
582
91,283
Charitable activities including grants
4
701
274,589
275,290
Other trading activities
5
915
5,637
6,552
Investments
6
55,831
-
55,831
Total income
148,148
280,808
428,956
Expenditure on:
Charitable activities
7
88,346
310,796
399,142
Total expenditure
88,346
310,796
399,142
Net gains/(losses) on investments
12
16,896
-
16,896
Net income/(expenditure) and movement in funds
76,698
(29,988)
46,710
Reconciliation of funds:
Fund balances at 1 April 2023
553,053
417,456
970,509
Fund balances at 31 March 2024
629,751
387,468
1,017,219
BEACON HOUSE MINISTRIES
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
14
82,686
75,859
Investment properties
15
850,000
542,500
932,686
618,359
Current assets
Debtors
16
28,115
23,054
Investments
17
-
203,552
Cash at bank and in hand
174,855
316,289
202,970
542,895
Creditors: amounts falling due within one year
18
(83,385)
(144,035)
Net current assets
119,585
398,860
Total assets less current liabilities
1,052,271
1,017,219
Income funds
Restricted funds - general
20
395,846
387,468
Unrestricted funds
656,425
629,751
1,052,271
1,017,219
BEACON HOUSE MINISTRIES
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 10 -

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025.

The trustees acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Trustees on 8 August 2025
F J Sheppard
J Lambert
Trustee
Trustee
Company Registration No. 03177916
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 11 -
1
Accounting policies
Charity information

Beacon House Ministries is a private company limited by guarantee incorporated in England and Wales. The registered office is 36 Lexden Road, Colchester, Essex, CO3 3RF, England.

1.1
Accounting convention

The financial statements have been prepared in accordance with the the Companies Act 2006 and “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 (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.

 

The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 12 -
1.4
Incoming resources

All income is recognised in the Statement of Financial 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.

 

The following specific policies are applied to particular categories of income:

 

Voluntary income is received by way of grants and donations and is included in full when receivable.

Gift Aid recoveries on donations from individuals are recognised in the same period as the donation.

 

Unrestricted grants, where entitlement is not conditional on the delivery of a specific performance

by the charity, are recognised when the charity becomes unconditionally entitled to the grant.

Restricted grants are recognised on receipt except to the extent where the grant is time related to the

delivery of a service in a future period it is carried forward as deferred income.

 

Investment income is included when receivable.

Donated goods are included at the value to the charity where this can be quantified, and relates to food etc donated from supermarkets. The value of services provided by volunteers has not been included in these financial statements.

1.5
Resources expended

Liabilities are recognised as expenditure 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 cost 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.

 

Expenditure includes non-recoverable VAT, and is reported as part of the expenditure to which it relates.

 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities

and services for its beneficiaries. It includes both costs that can be allocated directly to such

activities and those costs of an indirect nature necessary to support them.

 

Governance costs include those costs associated with meeting the constitutional and statutory

requirements of the charitable company; this includes the preparation and examination of this

annual report and financial statements, and costs linked to the strategic management of the charity.

 

Support costs are allocated to charitable activities based on an equal split between the four main activities.

BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 13 -
1.6
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.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Short leasehold land and buildings
Period of lease
Plant and equipment
Straight line over 5 years
Computers
Straight line over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

Freehold property consists of residential properties that have been converted by the charity from commercial use and are included at valuation at the time of the conversion. Depreciation is not provided on the freehold buildings as they are required to be maintained to a high standard, resulting in a residual value which would make any depreciation charges immaterial.

 

Assets costing less than £1,000 are written off in the year of purchase.

1.7
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in profit or loss.

1.8
Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9
Taxation
The charity is exempt from corporation tax on its charitable activities.
1.10
Employee benefits

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.

 

The pension cost is allocated between activities and between restricted and unrestricted funds based on the analysis of the employee cost to which it relates.

Redundancy and termination payments are measured at the best estimate of the expenditure required to settle the obligation at the reporting date.

The costs in the year are allocated between the activities and between restricted and unrestricted funds based on the analysis of the employee cost to which it relates.

BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 14 -
1.11

Investments

Investments are treated as current asset investments where they are held in readily accessible funds.

 

Listed investments are stated at market value less provision for any permanent diminution in value. The market value of listed investments is based on the closing middle market price on the London Stock Exchange. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.

2
Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Key sources of estimation uncertainty
Allocation of costs across activities

Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Support costs are allocated to activities based on an equal split between the four main activities

3
Income from donations and legacies
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
£
£
£
£
£
£
Donations and gifts
122,079
-
122,079
88,701
582
89,283
Donated goods and services
-
-
-
2,000
-
2,000
122,079
-
122,079
90,701
582
91,283
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 15 -
4
Charitable activities

Healthcare Services

Housing Services

Welfare Services

...Development Services

Total
2025
Total
2024
2025
2025
2025
2025
£
£
£
£
£
£
Services provided under contract
600
40
-
11,965
12,605
87
Performance related grants
120,773
-
68,459
4,803
194,035
274,589
Other income
-
3,369
3,839
-
7,208
614
121,373
3,409
72,298
16,768
213,848
275,290
Analysis by fund
Unrestricted funds
600
3,409
3,839
11,965
19,813
701
Restricted funds - general
120,773
-
68,459
4,803
194,035
274,589
121,373
3,409
72,298
16,768
213,848
275,290
For the year ended 31 March 2024
Unrestricted funds
-
701
-
-
701
Restricted funds - general
137,107
38,000
42,119
57,363
274,589
137,107
38,701
42,119
57,363
275,290
5
Other trading activities
Unrestricted
Restricted
Total
Total
funds
funds
general
2025
2025
2025
2024
£
£
£
£
Fundraising events
4,822
-
4,822
6,552
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 16 -
6

Investments

Unrestricted
Total
funds
2025
2024
£
£
Rental income
57,788
48,290
Dividends
4,135
5,427
Interest receivable
6,081
2,114
68,004
55,831
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 17 -
7
Charitable activities

Healthcare Services

Housing Services

Welfare Services

Development Services

Total
2025
Total
2024
2025
2025
2025
2025
£
£
£
£
£
£
Staff costs
95,401
79,625
44,326
67,051
286,403
259,287

Other payroll costs

-
-
-
-
-
2,856

Clinic costs

11,772
-
-
-
11,772
12,873

Laundry

-
-
75
-
75
152

Miscellaneous

-
-
2,489
-
2,489
375

Donated goods

-
-
2,000
-
2,000
2,000

Café costs

-
-
3,499
-
3,499
4,464

Bursary for client

-
-
3,452
-
3,452
9,158

Occupational therapy

-
-
-
3,652
3,652
1,099

Housing costs

-
3,441
-
-
3,441
(254)

Nursing costs

748
-
-
-
748
7,500

Fees

1,867
-
-
-
1,867
1,871
109,788
83,066
55,841
70,703
319,398
301,381
Grant funding of activities (see note 8)
-
-
-
2,200
2,200
-
Share of support costs (see note 9)
23,708
23,708
23,708
23,707
94,831
87,040
Share of governance costs (see note 9)
2,934
2,933
2,933
2,934
11,734
10,721
136,430
109,707
82,482
99,544
428,163
399,142
Analysis by fund
Unrestricted funds
7,285
108,256
12,176
93,290
221,007
88,346
Restricted funds - general
129,145
1,451
70,306
6,254
207,156
310,796
136,430
109,707
82,482
99,544
428,163
399,142
For the year ended 31 March 2024
Unrestricted funds
-
31,342
36,852
20,152
88,346
Restricted funds - general
136,458
64,451
51,071
58,816
310,796
136,458
95,793
87,923
78,968
399,142
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 18 -
8
Grants payable

The Charity made grants totaling £2,200 to other institutions.

9
Support costs
Support costs
Governance costs
2025
2024
£
£
£
£
Staff costs
-
7,798
7,798
7,300
Depreciation
9,461
-
9,461
8,186
Rent, rates and water
31,360
-
31,360
31,481
Premises insurance
4,099
-
4,099
4,456
Light & heat
11,277
-
11,277
9,066
Building maintenance
4,097
-
4,097
7,085
Other payroll costs
2,835
-
2,835
-

Cleaning and waste

7,923
-
7,923
9,553

Licences

2,617
-
2,617
788

Travel expenses

957
-
957
1,028

Volunteer expenses

917
-
917
969

Staff training

372
-
372
739

Postage, stationery and telephone

7,904
-
7,904
5,454

IT expenses

9,847
-
9,847
7,231

Sundries

1,165
-
1,165
1,004
Accountancy fees
-
2,640
2,640
2,600
Legal and professional
-
1,296
1,296
146

Advertising and annual report

-
-
-
675
94,831
11,734
106,565
97,761
Analysed between
Charitable activities
94,831
11,734
106,565
97,761

Support costs includes £30,933 (2024: £30,933) for other operating leases.

Governance costs includes Independent Examiners remuneration of £880 (2024: £1,080) for the examination of the accounts and £1,320 (2024: £1,520) for other financial services.

10
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 19 -
11
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Healthcare services
4
4
Welfare services
3
3
Housing services
3
3
Development services
2
2
Total
12
12
Employment costs
2025
2024
£
£
Wages and salaries
264,964
242,831
Social security costs
18,048
13,140
Other pension costs
11,189
10,616
294,201
266,587

The full time equivalent number of employees was 7 (2024 - 7.5).

 

Key management includes the Chief Executive and members of the senior management team. The compensation paid to key management staff for employee services is £174,876 (2024: £162,609).

 

Included within Wages and salaries are redundancy costs of £Nil (2024: 5,474).

The number of employees whose annual remuneration was more than £60,000 is as follows:
2025
2024
Number
Number
£60,001 - £70,000
1
1
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 20 -
12
Net gains/(losses) on investments
Unrestricted
Restricted
Total
Total
funds
funds
general
2025
2025
2025
2024
£
£
£
£
Revaluation of investments
-
-
-
16,896
Gain/(loss) on sale of investments
1,962
-
1,962
-
Revaluation of investment properties
31,001
21,499
52,500
-
32,963
21,499
54,462
16,896
For the year ended 31 March 2024
16,896
-
16,896
13
Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

14
Tangible fixed assets
Short leasehold land and buildings
Plant and equipment
Computers
Total
£
£
£
£
Cost
At 1 April 2024
118,540
1,717
3,767
124,024
Additions
-
16,288
-
16,288
At 31 March 2025
118,540
18,005
3,767
140,312
Depreciation and impairment
At 1 April 2024
42,681
1,717
3,767
48,165
Depreciation charged in the year
8,676
785
-
9,461
At 31 March 2025
51,357
2,502
3,767
57,626
Carrying amount
At 31 March 2025
67,183
15,503
-
82,686
At 31 March 2024
75,859
-
-
75,859
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 21 -
15
Investment property
2025
£
Fair value
At 1 April 2024
542,500
Additions through external acquisition
255,000
Net gains or losses through fair value adjustments
52,500
At 31 March 2025
850,000

Investment property comprises the property at East Hill. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 16 September 2024 by a firm of Chartered Surveyors, who are not connected with the charity. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The Trustees consider the current valuation to not be materially dissimilar.

 

The historical cost of Investment property is £919,921.

16
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
10,954
9,180
Other debtors
5,419
2,487
Prepayments and accrued income
11,742
11,387
28,115
23,054
17
Current asset investments
2025
2024
£
£
Listed investments -  COIF Investment Fund
-
203,552
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 22 -
18
Creditors: amounts falling due within one year
2025
2024
Notes
£
£
Deferred income
40,881
127,535
Trade creditors
1,358
1,602
Other creditors
30,090
2,775
Accruals
11,056
12,123
83,385
144,035

The deferred income relates to grants received in advance. All of the £127,535 deferred income brought forward was recorded as income during the year ended 31st March 2025.

19
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
11,189
10,616

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 23 -
20
Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At 1 April 2024
Incoming resources
Resources expended
Gains and losses
At 31 March 2025
£
£
£
£
£
90 East Hill, Colchester
76,421
-
-
5,031
81,452
91 East Hill, Colchester
250,165
-
-
16,468
266,633
Norfolk House Leasehold Improvements
53,566
-
(5,805)
-
47,761
Colchester Borough Homes
-
340
(340)
-
-
NHS Suffolk & North Essex ICB
1,920
94,516
(96,436)
-
-
Garfield Weston
-
25,000
(25,000)
-
-
Community 360
-
2,817
(2,817)
-
-
Essex Community Foundation
-
8,000
(8,000)
-
-
Essex Association of Local Councils
-
12,753
(12,753)
-
-
Colchester Catalyst
396
4,803
(5,199)
-
-
NHS Suffolk & North Essex OT
-
17,003
(17,003)
-
-
Essex County Council
-
3,881
(3,881)
-
-
Provide CIC
5,000
23,922
(28,922)
-
-
Fine & Country
-
1,000
(1,000)
-
-
387,468
194,035
(207,156)
21,499
395,846
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20
Restricted funds
(Continued)
- 24 -
Previous year:
At 1 April 2023
Incoming resources
Resources expended
Gains and losses
At 31 March 2024
£
£
£
£
£
90 East Hill, Colchester
76,421
-
-
-
76,421
91 East Hill, Colchester
250,165
-
-
-
250,165
Norfolk House Leasehold Improvements
59,371
-
(5,805)
-
53,566
Colchester Borough Homes
-
30,500
(30,500)
-
-
NHS Suffolk & North Essex ICB
-
111,166
(109,246)
-
1,920
Garfield Weston
-
12,498
(12,498)
-
-
Community 360
4,239
7,593
(11,832)
-
-
Essex Community Foundation
-
15,000
(15,000)
-
-
Nationwide
25,000
7,500
(32,500)
-
-
Essex Association of Local Councils
-
2,502
(2,502)
-
-
Colchester Catalyst
2,260
14,382
(16,246)
-
396
NHS Suffolk & North Essex OT
-
42,981
(42,981)
-
-
Police & Crime Commissioner
-
12,000
(12,000)
-
-
Essex County Council
-
119
(119)
-
-
Provide CIC
-
5,000
-
-
5,000
NHS England
-
13,930
(13,930)
-
-
Miscellaneous - Guest Services
-
5,637
(5,637)
-
-
417,456
280,808
310,796
-
387,468

Property

Restricted Fund grants had been received in prior periods for the purchase of 90 East Hill, Colchester, for the purchase, refurbishment and adaptation of 91 East Hill, Colchester, and the conversion of the Freehold property at East Hill.

 

Additionally a grant had been received in prior periods to improve the leased property at Norfolk House. The costs are being written off in line with the amortisation of the expenditure.

BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
20
Restricted funds
(Continued)
- 25 -

Grants

Colchester Borough Homes for Homeless Prevention

NHS Suffolk & North Essex CCG for Nurse Led Drop-in-service and Spirometry Screenings

Garfield Weston for Café Plus (Welfare Services)

Community 360 Hyperlocal Fund for Activities for Homeless People to improve wellbeing

Essex Community Foundation for Welfare Services

Nationwide Building Society for Housing

Essex Association of Local Councils for Food and Winter Warmth

Colchester Catalyst for Clinic Spirometry Screenings and OTA

NHS Suffolk & North East Essex for Occupational Therapist

Police & Crime Commissioner for Community Safety

Essex County Council for Guest Skill Enhancement

Provide CIC for Smoking Cessation

NHS England for Immunisation and Bowel Screening clinics

Fine & Country for 'Revitalise' - a gym and internally based exercise program

 

21
Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April 2024
Incoming resources
Resources expended
Gains and losses
At 31 March 2025
£
£
£
£
£
General funds
629,751
214,718
(221,007)
32,963
656,425
Previous year:
At 1 April 2023
Incoming resources
Resources expended
Gains and losses
At 31 March 2024
£
£
£
£
£
General funds
553,053
148,148
(88,346)
16,896
629,751
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 26 -
22
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 March 2025:
Tangible assets
34,925
47,761
82,686
Investment properties
501,915
348,085
850,000
Current assets/(liabilities)
119,585
-
119,585
656,425
395,846
1,052,271
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 March 2024:
Tangible assets
22,293
53,566
75,859
Investment properties
215,915
326,585
542,500
Current assets/(liabilities)
391,543
7,317
398,860
629,751
387,468
1,017,219
23
Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

2025
2024
£
£
Within one year
32,000
32,000
Between two and five years
128,000
128,000
In over five years
101,333
133,333
261,333
293,333
BEACON HOUSE MINISTRIES
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 27 -
24
Related party transactions

Colin Bennett is a Trustee of the Charitable Company and also a Trustee of The Colin Bennett Charitable Trust for the Homeless.

 

During the year the Charity purchased the remaining 30% of the Freehold/Investment property from The Colin Bennett Charitable Trust for the Homeless for £255,000. At the year end Other creditors included a balance of £30,000 owed to The Colin Bennett Charitable Trust for the Homeless in respect of this which has subsequently been paid.

 

During the year The Colin Bennett Charitable Trust for the Homeless made a donation of £36,000 to the charity included within Donations and legacies.

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