SINGLE HOMELESS PROJECT(THE)

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Sayer Vincent LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“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.”

Significant events

• “In March, we launched the Gray's Inn Road service, funded by the Greater London Authority (GLA) and commissioned by the Camden Council. This newly refurbished, 16-bed accommodation supports some of the hardest-to-reach individuals experiencing homelessness.”
• “Achieve Domestic Abuse Housing Alliance (DAHA) accreditation... [Post audit: we have been awarded DAHA accreditation, the first homelessness organisation to achieve it.]”
• “We achieved Ofsted accreditation in June 2024 for services for 16-&17-year-old Looked After Children and care leavers.”
• “In March 2025, we launched the study's findings and we're already putting the work into action: Single Homeless Project has secured funding to launch a new Housing First for Couples service in Camden, starting April 2025.”
• “In January 2024, we helped set up Islington's new Substance Use Community of Practice... Following a sharp spike in overdoses in March 2025, we helped convene a borough-wide Public Health Strategy meeting...”
• “Our total workforce grew to over 900 people. ... Most of this growth came from our permanent team-rising from 587 to 637 employees by the end of March 2025.”
• “Staff turnover dropped dramatically this year. Voluntary resignations were down by 50%.”
• “We started the year with the most significant pay uplift in our history. Some staff saw increases of up to 15%, thanks to service-wide role upgrades and a minimum 5% cost of living uplift for all. Colleagues on the London Living Wage received an 8.8% rise.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

9

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

4

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +7.3%

  £41,053,171 → £44,048,128

• Cash

  +38.5%

  £5,119,340 → £7,092,564

• Net assets

  +4.9%

  £6,649,878 → £6,976,875

• Employees

  +6%

  838 → 888

• Profit before tax

  -22.2%

  £420,445 → £326,998

• Wages

  +10.6%

  £20,169,588 → £22,309,020

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers