Charity registration number 1149191 (England and Wales)
Company registration number 08235885
THE HOMESAVERS CHARITY
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
THE HOMESAVERS CHARITY
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mr K P Burgan
Mr D S Fiddes
Mr P Gorry
Charity number (England and Wales)
1149191
Company number
08235885
Registered office
Hammond House
North Road
West Kirby
Wirral
Merseyside
CH48 4DE
Accountants
Xeinadin North West Limited
46 Hamilton Square
Birkenhead
Wirral
Merseyside
CH41 5AR
THE HOMESAVERS CHARITY
CONTENTS
Page
Trustees report
1 - 2
Accountants' report
3
Statement of financial activities
4
Balance sheet
5
Notes to the financial statements
6 - 11
THE HOMESAVERS CHARITY
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 1 -

The trustees present their annual report and financial statements for the year ended 31 December 2025.

The financial statements have been prepared in accordance with the accounting policies set out in note note,note01 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

Objectives and aims

(a) To provide accommodation for the homeless, those threatened with homelessness, or people living in temporary accommodation, including veterans from the UK armed forces.

 

This objective will be achieved by acquiring freeholds or securing long leaseholds at affordable/social housing rents.

 

(b) To help retrain veterans from the armed forces to qualify as tradesmen in construction industry.

 

It is hoped that this will be achieved by the trainees working alongside skilled tradespeople to obtain a recognised qualification.

 

Public benefit

The Trustees are certain that this report and the accounts clearly demonstrate that the Charity meets the requirements of the Charity Acts as regards public benefit.

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

Achievements and performance

Charitable Activities

During the year, the Charity continued to pursue its principal objective of providing assistance to individuals experiencing homelessness or housing insecurity, including those living in temporary accommodation. The Trustees and other supporters have volunteered their time to help the Charity achieve its objectives.

 

The Charity’s main focus during the year was the continued use of DPS grant funding to provide tenancy deposit assistance to individuals and families at risk of homelessness. The revolving nature of the initiative means that, when deposits are repaid to the Charity, the funds can be used again to support further beneficiaries.

 

The initiative continues to help fund tenancy deposits in the private rented sector, enabling individuals and families in need to secure accommodation, often at very short notice. This support provides much-needed stability for those facing uncertain housing circumstances and has been particularly important during the continuing cost-of-living pressures.

 

Community Engagement and Fundraising

The Charity continued to benefit from the generosity of individuals and community fundraisers who raised both awareness of its work and valuable financial contributions.

 

Oliver Mahon once again completed the full 20-kilometre Wirral Coastal Walk to raise funds for the Charity. Oliver’s determination and commitment have not only generated financial support but have also helped raise awareness of homelessness across Merseyside. The Trustees are immensely grateful for his contribution and continued support.

 

Acknowledgements

The Trustees wish to express their sincere thanks to all volunteers, supporters and fundraisers for their continued commitment. Their collective efforts enable the Charity to support people in need and help them move towards safer and more stable housing.

 

The Charity remains committed to its vision of a future in which homelessness is not inevitable, but preventable, and in which every individual has the opportunity to live in a safe, stable and dignified home.

THE HOMESAVERS CHARITY
TRUSTEES REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 2 -
Financial review

Financial position

The Charity made a surplus in the year amounting to £2,666. There are funds to carry forward of £12,739 of which £11,806 were restricted and £933 unrestricted.

Reserves policy

The Trustees consider that no material reserves are needed at this stage as the Charity has minimal fixed expense

 

Future plans

The Trustees are committed to leveraging the available funding to address this critical situation and help more people secure safe and stable housing within the private rental sector. With continued collaboration and community support, The Homesavers Charity aims to make a lasting impact on the lives of those affected by homelessness.

 

Structure, governance and management

Governing document

The Charity is a registered Charity and a Company limited by guarantee and is governed by its Memorandum and Articles of Association.

 

Legal status

The Homesavers Charity is a registered Charity (Number 1149191).

 

The Homesavers Charity is a Company limited by guarantee and as such has no share capital. The liability of the members of the company, as set out in the Memorandum of Association is limited to £1 per member.

 

The Company Registration number is 8235885. The address of the registered office of the Charity is shown on the Legal & Administrative Information page.

.

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:

Mr K P Burgan
Mr D S Fiddes
Mr P Gorry

Recruitment and appointment of new Trustees

Trustees are elected from amongst the membership of the Charity, by the members in general meeting.

 

Risk Management

Through its policies and procedures, general management and financial management procedures and regular reporting to the Board through its sub-committees, the Charity believes it has the necessary structures in place to mitigate and minimise any risks it may face.

 

The trustees report was approved by the Board of Trustees.

Mr K P Burgan
Trustee
18 September 2026
THE HOMESAVERS CHARITY
CHARTERED ACCOUNTANTS' REPORT TO THE TRUSTEES ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE HOMESAVERS CHARITY FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Homesavers Charity for the year ended 31 December 2025, which comprise the statement of financial activities and the related notes from the charity’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made to the charity's trustees, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of The Homesavers Charity and state those matters that we have agreed to state to the charity's trustees, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Homesavers Charity and the charity's trustees as a body, for our work or for this report.

It is your duty to ensure that The Homesavers Charity has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and surplus of The Homesavers Charity. You consider that The Homesavers Charity is exempt from the statutory audit requirement for the year, and is not required to obtain an independent examiner's report.

We have not been instructed to carry out an audit or a review of the financial statements of The Homesavers Charity. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Xeinadin North West Limited
46 Hamilton Square
Birkenhead
Wirral
Merseyside
CH41 5AR
23 September 2026
THE HOMESAVERS CHARITY
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
funds
funds
funds
funds
2025
2025
2025
2024
2024
2024
Notes
£
£
£
£
£
£
Income from:
Donations and legacies
3
120
3,619
3,739
258
-
258
Other trading activities
4
-
-
-
483
-
483
Total income
120
3,619
3,739
741
-
741
Expenditure on:
Raising funds
5
-
-
-
233
-
233
Charitable activities
6
1,073
-
1,073
722
-
722
Total expenditure
1,073
-
1,073
955
-
955
Net income/(expenditure) and movement in funds
(953)
3,619
2,666
(214)
-
(214)
Reconciliation of funds:
Fund balances at 1 January 2025
1,886
8,187
10,073
2,100
8,187
10,287
Fund balances at 31 December 2025
933
11,806
12,739
1,886
8,187
10,073

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

THE HOMESAVERS CHARITY
BALANCE SHEET
AS AT
31 DECEMBER 2025
31 December 2025
- 5 -
2025
2024
Notes
£
£
£
£
Current assets
Debtors
11
8,705
5,843
Cash at bank and in hand
4,754
4,890
13,459
10,733
Creditors: amounts falling due within one year
12
(720)
(660)
Net current assets
12,739
10,073
The funds of the charity
Restricted income funds
13
11,806
8,187
Unrestricted funds
14
933
1,886
12,739
10,073

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 December 2025.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 18 September 2026
Mr K P Burgan
Trustee
Company registration number 08235885 (England and Wales)
THE HOMESAVERS CHARITY
NOTES TO THE  FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 6 -
1
Accounting policies
Charity information

The Homesavers Charity is a private company limited by guarantee incorporated in England and Wales. The registered office is Hammond House, North Road, West Kirby, Wirral, Merseyside, CH48 4DE.

1.1
Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". 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 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 £.

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
Charitable 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.

1.4
Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
1.5
Expenditure

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.

 

Taxation

The charity is exempt from corporation tax on its charitable activities.

 

1.6
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.

THE HOMESAVERS CHARITY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
1
Accounting policies
(Continued)
- 7 -
1.7
Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

 

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

 

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

 

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

 

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.8
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

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.

THE HOMESAVERS CHARITY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 8 -
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
120
3,619
3,739
258
-
258
4
Income from other trading activities
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising events
-
483
5
Expenditure on raising funds
Unrestricted
Unrestricted
funds
funds
2025
2024
£
£
Fundraising and publicity
Staging fundraising events
-
233
6
Expenditure on charitable activities
Tenant deposits
Tenant deposits
2025
2024
£
£
Direct costs
Bad Debts
291
-
Share of support and governance costs (see note 7)
Governance
782
722
1,073
722
Analysis by fund
Unrestricted funds
1,073
722
THE HOMESAVERS CHARITY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 9 -
7
Support costs allocated to activities
2025
2024
£
£
Governance costs
782
722
Analysed between:
Tenant deposits
782
722
8
Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9
Employees

The average monthly number of employees during the year was:

2025
2024
Number
Number
Total
0
0
There were no employees whose annual remuneration was more than £60,000.
10
Taxation

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

11
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
8,705
5,843
12
Creditors: amounts falling due within one year
2025
2024
£
£
Accruals and deferred income
720
660
THE HOMESAVERS CHARITY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 10 -
13
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 January 2025
Incoming resources
At 31 December 2025
£
£
£
Funds for future deposits
8,187
3,619
11,806
Previous year:
At 1 January 2024
Incoming resources
At 31 December 2024
£
£
£
Funds for future deposits
8,187
-
8,187
14
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 January 2025
Incoming resources
Resources expended
At 31 December 2025
£
£
£
£
General funds
1,886
120
(1,073)
933
Previous year:
At 1 January 2024
Incoming resources
Resources expended
At 31 December 2024
£
£
£
£
General funds
2,100
741
(955)
1,886
15
Analysis of net assets between funds
Unrestricted
Restricted
Total
funds
funds
2025
2025
2025
£
£
£
At 31 December 2025:
Current assets/(liabilities)
933
11,806
12,739
933
11,806
12,739
THE HOMESAVERS CHARITY
NOTES TO THE  FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
15
Analysis of net assets between funds
(Continued)
- 11 -
Unrestricted
Restricted
Total
funds
funds
2024
2024
2024
£
£
£
At 31 December 2024:
Current assets/(liabilities)
1,886
8,187
10,073
1,886
8,187
10,073
16
Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

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