REGISTERED COMPANY NUMBER: 03022267 (England and Wales)

REGISTERED CHARITY NUMBER: 1044911

Report of the Trustees and

Financial Statements for the Year Ended 31 March 2026

for

Rush House Ltd

Page

Report of the Trustees

1

to

6

Report of the Independent Auditors

7

to

9

Statement of Financial Activities

10

Balance Sheet

11

Cash Flow Statement

12

Notes to the Financial Statements

13

to

23

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 2026. 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).

STATEMENT FROM THE TRUSTEES

As the Board of Trustees at Rush House, we are responsible for ensuring Rush House meets its legal purposes, aims & objectives and the activities it undertakes to achieve them whilst ensuring the accounts balance. We are sometimes obliged to make difficult decisions to ensure Rush House is protected and in a secure financial position, whilst ensuring we are in a strong and secure position to keep developing. We do not take these responsibilities lightly, but we do it from the perspective of looking after our staff, the service users, the broader community and other organisations that we work with. It is our desire to be open and transparent in our operations to ensure confidence in our organisation, staff and services provided.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The company is a registered charity and its principal object, as set out in its Memorandum of Association, is:

The Objects are specifically restricted to the relief of those in need because of youth, ill health, disability, financial hardship or other disadvantage including (but not limited to) care leavers, current/former looked after children, vulnerable adults and those who are (or would otherwise be) at risk of homelessness by such means as the Trustees see fit, including (but not limited to) the provision of accommodation, education, training in life skills and support services.

The mission statement of Rush House is the commitment to the delivery of excellence in the services we provide to those most vulnerable and/or excluded in our society. We do this through encouraging individuals to meet their potential and thus contribute to their community in particular and society in general.

The vision of Rush House is 'Empowering all to be happy, healthy and safe'.

The organisation has a skilled, experienced and committed staff team, which delivers a comprehensive range of accommodation, support and advice and guidance services to a diverse group of people, many of which have multiple complex needs.

Many of our service users are extremely vulnerable and have low levels of self-esteem and educational attainment and are often excluded from, or disaffected with, mainstream services.

Ensuring our work delivers our aims

In order to maximise the quality and range of its services, Rush House has developed a successful range of partnership and collaborative working arrangements with many statutory and voluntary sector organisations in Rotherham and South Yorkshire.

Our aims, objectives and activities are regularly reviewed by staff and trustees to ensure that they remain focused on our stated purposes. We refer to the Charity Commission's guidance on public benefit when reviewing our aims and objectives and in planning future activities.

The quality and impact of our work is assessed internally using a range of quality and service user satisfaction assessment tools and externally by our funders and partners using rigorous outcome monitoring techniques. Rush House is committed to the principle of continuous improvement and works to a number of quality frameworks including the Investors in People and the Matrix standard for advice and guidance services. More recently Rush has been through the registration process for becoming an OFSTED registered provider of supported accommodation.

ACHIEVEMENTS AND PERFORMANCE

The focus of our work

A substantial part of Rush House funding is derived from contractual relationships with Local Authorities and the Lottery Fund. These funding streams require specific outcomes for young people at risk within the framework of Every Child Matters, the Government's vision for children's services around the key issues of:

- Being Healthy

- Staying Safe

- Enjoying and achieving

- Making a positive contribution

- Achieving economic well-being

We therefore provide support, training, advice and guidance to our people in relation to:

- Welfare benefits

- Debt management

- Employment

- Training/Education

- Leisure/culture/faith

- Contact with external services/groups/friends/family

- Primary health care

- Mental health services

- Drugs and alcohol

- Maintaining tenancies

- Offending behaviour

- Safeguarding from harm

- Community involvement

- Accommodation

Rush House also provides a range of fully furnished accommodation in separate schemes, each offering different and increasing levels of independence.

How our activities deliver public benefit

All Rush House activities deliver against key national and local government strategies and targets in such areas as the NEETS Agenda (not in education, employment or training), homelessness, teenage pregnancy, prevention and treatment of drug and alcohol abuse, community safety and crime prevention.

Who used and benefited from our services?

All Rush House accommodation services are predominantly aimed at young people aged 16 to 25 years old in the Rotherham area but also accommodate young people from other areas within Yorkshire and the Humber. Many of them are Looked after Children or leaving the care of the local authority. Over 500 people accessed support from Rush House over the period April 2025 to March 2026. This includes people using our EET and Community services as well as those completing APOYO.

Services

We provide accommodation and support to care leavers and vulnerable 16 to 25 year olds through the local authorities FPS (flexible purchase system) contracts we have with Sheffield,Barnsley, Doncaster and Rotherham.

In August 2019, we started delivery of supported accommodation to homeless 16 to 25 year olds with multiple complex needs. This is a partnership working arrangement with Roundabout Limited after we tendered together for this service from RMBC. Roundabout Limited are the main contract holder and sub-contract 12 units of accommodation to Rush House. Support is provided 24 hours a day, every day of the year. During 2023, this contract was put out for tender by the local authority, Roundabout and Rush were successful in securing it again and we continue to work together. The tender will be due again from April 2027.

During the last 12 months Rush House have increased the number of bed spaces available in our supported accommodation from 36 to 50 with plans in place to further increase in 2027 to provide 'Stepping Stone' style accommodation to young working people.

Brighter Futures- after securing further National Lottery funding in January 2023 we were able to continue to deliver our Brighter Futures Service. We took our learning from the first project and made some changes that included lowering the age range to 16 and having no upper age limit thus allowing many more people to access our support. We provide person centred holistic support to those considered furthest from the labour market to help overcome the barriers they face to education training and employment. We also support people in employment who are struggling to maintain their employment. Sadly the funding for this came to an end in December 2025.

A Place of Your Own (Pre-tenancy training) - funding from Leeds Building society in 2024 allowed us to further develop our online training portal, including the ability to translate the training into 20 different languages. The funding and support from LBS has also helped us to develop an additional training package that provides basic information on home ownership. We have over 600 people a year being referred for the support with approximately 65% completing the training.

EET and Community Services - 2025/6 has seen us further extend our offer into local communities from small grant funding including Pathways to Work and Health & Growth accelerator. This has allowed us to expand our offer and provide more people the support they need closer to home.

Human Resources

The organisation has a service level agreement with ProAktive Services for the provision of support and updates on HR issues.

Training and Development

This is an on-going process for the whole staff team, utilising regular supervision sessions. Any training needs highlighted will be explored and wherever possible appropriate training offered. We also have a central database managed by the admin team that stores information of all training completed and by whom.

Income Generation

We continue to explore a diverse range of funding to avoid having 'all our eggs in one basket'. We actively seek funding opportunities to support us to develop our services in response to the changing needs of the community we support.

FINANCIAL REVIEW

Financial position

Our excess funds were made up of our reserves, unrestricted income and deferred restricted income. All income is monitored and reported in terms of spending and the allocation. The amount in our current account also includes grants paid in advance from Block Booked, Abstract, Brighter Futures, together with other donations, small grants and fundraising.

Free reserves at the yearend came to £328,858 (2025: £420,347).

Investment powers

The company's investment powers are set out in its Memorandum and Articles of Association and allow the company to invest funds not immediately required in investments, securities and property subject to such conditions as may be required by law.

Reserves policy

The trustees approved a reserves policy in 2019 in line with guidance issued by the Charity Commission.

Reserves are considered appropriate to:

i. Ensure the continuity of the organisation in the event of an interruption to its income.

ii. Provide a financial support in the event of emergencies.

iii. Contribute significantly to the trustees' and management team's ability to ensure and balance the current and future needs of Rush House.

The trustees are also considering investing some of the reserves into properties moving forward. Reserves will be monitored and reviewed by the trustees on a bimonthly basis.

FUTURE PLANS

Our strategic plan for 2022-2026 was reviewed in consultation with staff, service users and trustees in 2022 and is now a living document, it sets our objectives as follows:

- To ensure our IT capacity and IMS are fit for purpose, cost effective for our people and the organisation.

- To continue to explore and research and harness opportunities to provide accommodation to meet the changing service demands and is sustainable for the future.

- To explore opportunities to further develop our commitment to the environment.

- To create and maintain a diverse Board that represents the communities and people we serve.

- To maintain appealing staff packages throughout a VUCA environment.

- To generate alternative income streams.

- To develop and deliver a communication strategy that will foster organisational growth and drive brand recognition.

- To build on leadership and management in developing collective growth and skills.

- To develop and deliver a people development strategy that identifies and encourages individual growth.

- To develop and deliver a volunteer programme that is dynamic and responsive to organisational needs.

- To increase speciality and tailored support services that serve our new and existing communities.

- To develop and deliver services in collaboration with our people to meet their needs.

Progress of the strategic plan is reviewed quarterly.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, its Memorandum and Articles of Association, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The company is registered as a company limited by guarantee, without a share capital. Its governing instrument is its Memorandum and Articles of Association.

Recruitment and appointment of new trustees

Any potential new Directors are asked to complete an application form to join the Board and any offers made are subject to satisfactory references and DBS checks.

Organisational structure

The company is governed by a Board of Trustees, which meets approximately six times a year and are responsible for setting the strategic direction of the organisation and for establishing policy. A Chief Executive Officer is appointed by the Board to oversee the day-to-day operations of the company.

Induction and training of new trustees

The support given to new and existing directors/trustees includes the following:

- Induction session with other directors.

- Induction session with staff.

- An induction pack, which covers:

1. Rush House aims and objectives.

2. Rush House business plan, Annual Report and audited accounts.

3. Recent management committee papers and minutes.

4. Training (safeguarding)

- Forward training on the responsibilities of company directors and charity trustees.

Risk management

The trustees have reviewed the major risks to which the charity is exposed, and systems have been established to mitigate those risks. These are reviewed periodically.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

03022267 (England and Wales)

Registered Charity number

1044911

Registered office

18/19 Lindum Terrace

Doncaster Road

Rotherham

South Yorkshire

S65 1NJ

Trustees

A Heppenstall

D J Homer

C S Jones

N Knowles

R M Martin

K Shaw

Company Secretary

S Miller

Auditors

SMH Group Audit

Statutory Auditors

5 Westbrook Court

Sharrow Vale Road

Sheffield

South Yorkshire

S11 8YZ

CHIEF EXECUTIVE OFFICE

Rachael Wilson

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Rush House Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).

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 those 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 estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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 so far as the trustees are aware:

-	there is no relevant audit information of which the charitable company's auditors are unaware; and

-	the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.

AUDITORS

The auditors, SMH Group Audit, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Approved by order of the board of trustees on 19 October 2026 and signed on its behalf by:

N Knowles - Trustee

Opinion

We have audited the financial statements of Rush House Ltd (the 'charitable company') for the year ended 31 March 2026 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the charitable company's affairs as at 31 March 2026 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Trustees has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of trustees' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

- the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our assessment of the susceptibility to material misstatement, whether by fraud or error, is made in a risk based approach.

In this approach, laws and regulations applicable to the entity, such as the Companies Act 2006, United Kingdom Generally Accepted Accounting Practice including Financial Reporting Standard 102, Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities, the relevant tax compliance regulations within the UK, employment law, and Health and Safety law is considered, and the policies and controls the entity has in place to comply with these laws are reviewed, by discussion, reviews of correspondence and registrations monitored by external bodies. The engagement team remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Policies and controls relating to the risk of material misstatement as a result of fraud are also considered. These are assessed by obtaining an understanding of the charity's operations and control environment. The policies and controls have been reviewed by discussion, review and sample testing of accounting entries, challenging assumptions and judgements, reviewing and evaluating related parties transactions, and wider background searches.

We have ensured that the engagement team have appropriate levels of competence and experience to effectively monitor these risks and carry out work relevant to our assessment of each risk, including consideration of the industry the charity operates in and its size and complexity.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

James Salim FCCA (Senior Statutory Auditor)

for and on behalf of SMH Group Audit

Statutory Auditors

5 Westbrook Court

Sharrow Vale Road

Sheffield

South Yorkshire

S11 8YZ

19 October 2026

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations

2

31,107

200,541

231,648

174,773

Charitable activities

4

Rush House Project

1,216,119

235,565

1,451,684

1,103,663

Investment income

3

1,423

-

1,423

2,038

Total

1,248,649

436,106

1,684,755

1,280,474

EXPENDITURE ON

Charitable activities

5

Rush House Project

1,241,263

493,379

1,734,642

1,202,444

NET INCOME/(EXPENDITURE)

7,386

(57,273

)

(49,887

)

78,030

Transfers between funds

15

(98,875

)

98,875

-

-

Net movement in funds

(91,489

)

41,602

(49,887

)

78,030

RECONCILIATION OF FUNDS

Total funds brought forward

420,347

45,434

465,781

387,751

TOTAL FUNDS CARRIED FORWARD

328,858

87,036

415,894

465,781

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

CURRENT ASSETS

Debtors

12

109,052

-

109,052

155,379

Cash at bank and in hand

289,173

87,036

376,209

400,240

398,225

87,036

485,261

555,619

CREDITORS

Amounts falling due within one year

13

(69,367

)

-

(69,367

)

(89,838

)

NET CURRENT ASSETS

328,858

87,036

415,894

465,781

TOTAL ASSETS LESS CURRENT LIABILITIES

328,858

87,036

415,894

465,781

NET ASSETS

328,858

87,036

415,894

465,781

FUNDS

15

Unrestricted funds

328,858

420,347

Restricted funds

87,036

45,434

TOTAL FUNDS

415,894

465,781

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

The financial statements were approved by the Board of Trustees and authorised for issue on 19 October 2026 and were signed on its behalf by:

N Knowles - Trustee

Cash flows from operating activities

Cash generated from operations

19

(24,031

)

115,619

Net cash (used in)/provided by operating activities

(24,031

)

115,619

Change in cash and cash equivalents in the reporting period

(24,031

)

115,619

Cash and cash equivalents at the beginning of the reporting period

400,240

284,621

Cash and cash equivalents at the end of the reporting period

376,209

400,240

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts are prepared in sterling, which is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £1.

Income

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.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

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.

Support costs comprise those costs which are incurred directly in support of expenditure on the objects of the charity and include governance cost, finance, and office costs. Governance costs are those costs incurred in connection with the compliance with constitutional and statutory requirements of the charity. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

33% on cost

All assets costing more than £1,000 are capitalised at their historical cost when purchased.

Taxation

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

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

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

Pension costs and other post-retirement 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.

Operating leases

Rentals paid under operating leases are charged to the statement of financial activities when incurred.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.

Financial instruments

The charitable company 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 charitable company's balance sheet when the charitable company 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.

2.

DONATIONS

2026

2025

£

£

Donations

4,106

3,062

Grants

227,542

171,711

231,648

174,773

All donations in both the current and previous year relate to unrestricted funds.

Grants received, included in the above, are as follows:

2026

2025

£

£

The Abstract Foundation

-

83,000

Leeds Building Society

-

38,000

Rotherham Metropolitan Borough Council

-

27,920

Other grants

34,730

22,791

A Place of Your Own

25,000

-

CYPF Community Health

17,825

-

More than a Roof

6,000

-

Outreach Project

31,497

-

Pathway to Work - Personalised Support

51,737

-

Peer Connector

31,700

-

Smiles for Miles

12,053

-

Pathway to Work - Engagement

15,000

-

Feoffees

2,000

-

227,542

171,711

Of the income from grants shown above £200,541 (2025: £127,299) was unrestricted and £27,001 (2025: £44,412) was restricted.

3.	INVESTMENT INCOME

2026

2025

£

£

Bank interest received

1,423

2,038

All investment income in the current and prior year is unrestricted.

4.	INCOME FROM CHARITABLE ACTIVITIES

2026

2025

Rush House

Total

Project

activities

£

£

Rental income

269,590

250,591

Brighter futures

60,175

120,085

RMBC adults

215,000

215,000

Flexible purchase system

906,919

405,875

CLARA

-

112,112

1,451,684

1,103,663

Income from charitable activities of £1,391,509 (2025: £983,578) was unrestricted and £60,175 (2025: £120,085) was restricted.

5.	CHARITABLE ACTIVITIES COSTS

Direct

Support

Costs (see

costs (see

note 6)

note 7)

Totals

£

£

£

Rush House Project

1,495,678

238,964

1,734,642

6.	DIRECT COSTS OF CHARITABLE ACTIVITIES

2026

2025

£

£

Staff costs

980,073

618,016

SYHA charges

241,906

129,062

Premises and insurance

96,601

133,163

Other direct costs

(2,386

)

7,344

Grant expenditure

159,854

117,008

Residents costs

14,619

11,605

Staff travel

5,011

4,996

1,495,678

1,021,194

7.	SUPPORT COSTS

Information

Governance

Management

technology

costs

Totals

£

£

£

£

Rush House Project

135,338

41,797

61,829

238,964

Support costs, included in the above, are as follows:

2026

2025

Rush House

Total

Project

activities

£

£

Wages

72,055

78,757

Social security

9,057

7,410

Pensions

3,874

3,795

Staff training

5,903

12,133

Telephone

5,938

3,206

Postage and stationery

2,320

4,549

Sundries

3,515

2,351

Computer support

32,676

15,933

Repairs and renewals

41,797

1,723

Auditors' remuneration

17,878

14,760

Insurance

14,501

12,587

Accountancy and legal fees

10,149

11,694

Professional fees

19,301

12,352

238,964

181,250

8.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2026

2025

£

£

Auditors' remuneration

17,878

14,760

9.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.

10.	STAFF COSTS

2026

2025

£

£

Wages and salaries

913,573

620,058

Social security costs

109,750

55,643

Other pension costs

41,736

32,277

1,065,059

707,978

The average monthly number of employees during the year was as follows:

2026

2025

Direct Charitable

30

23

Senior Management

4

4

Business Support

3

2

37

29

No employees received emoluments in excess of £60,000.

11.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2025 and 31 March 2026

20,745

DEPRECIATION

At 1 April 2025 and 31 March 2026

20,745

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

39,327

30,680

Prepayments and accrued income

69,725

124,699

109,052

155,379

13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

21,579

24,478

Social security and other taxes

21,528

11,876

Deferred income

-

25,001

Accrued expenses

26,260

28,483

69,367

89,838

14.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

218,644

227,812

Between one and five years

77,112

124,800

In more than five years

-

33,000

295,756

385,612