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Praxis Service's net cash provided by operating activities was £111,114 for the year ending March 2025.
<table><tr><td>Cash flows from operating activities Net cash provided by operating activities</td><td>17</td><td>11</td><td>111,114</td><td>179,257</td></tr>
Financial · Metric statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 10
Praxis Service's cash and cash equivalents at the end of March 2025 were £1,185,382.
<table><tr><td>Cash and cash equivalents at end of year</td><td></td><td>1,185,382</td><td>382</td><td>1,076,423</td></tr>
Financial · Metric statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 10
Praxis Service's total funds carried forward increased from £1,838,378 in the previous year to £1,965,452 for the year ending March 2025.
<table><tr><td colspan="3">Unrestricted 2025 Notes £</td></tr><tr><td>Total funds carried forward</td><td></td><td>1,965,452</td><td>1,838,378</td></tr>
Financial · Trend statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 8
Praxis Service's net income for the year ending March 2025 was £127,074.
<table><tr><td colspan="3">Unrestricted 2025 Notes £</td></tr><tr><td>Net income for the year and net movement in funds</td><td>7</td><td>127,074</td><td>162,548</td></tr>
Financial · Metric statement
Praxis Service's total expenditure increased from £595,254 in the previous year to £656,598 for the year ending March 2025.
<table><tr><td colspan="3">Unrestricted 2025 Notes £</td></tr><tr><td>Expenditure on:</td><td>5</td><td>656,471</td><td>595,254</td></tr>
Financial · Trend statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 8
Praxis Service's total income increased from £757,802 in the previous year to £783,672 for the year ending March 2025.
<table><tr><td colspan="3">Unrestricted 2025 Notes £</td></tr><tr><td>Income from:</td><td>2</td><td>13,229</td><td></td></tr><tr><td>Donations and legacies Charitable activities</td><td>2 3</td><td>13,229 764,104</td><td>750,695</td></tr><tr><td>Charitable activities Investments</td><td>3 4</td><td>764,104 6,339</td><td>7,107</td></tr><tr><td></td><td></td><td>783,672</td><td>757,802</td></tr>
Financial · Trend statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 8
Praxis Service's financial statements were approved and authorised for issue on October 6, 2025.
The financial statements were approved by the Director and authorised for issue on 06/10/25
Governance · Procedural statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 9
Praxis Service's financial statements comply with the small companies' regime provisions.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
Governance · Policy statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 9
Praxis Service has not undergone an audit for the year ending March 2025.
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. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements.
Governance · Policy statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 9
Praxis Service's financial statements are prepared to give a true and fair view of the company's state of affairs.
Company law requires the charity trustees to prepare financial statements for each year which 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.
Governance · Policy statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 6
Praxis Service's staff team includes a Support Service Manager, two Senior Project Workers, an Administrator, and a part-time Bookkeeper.
The staff team is managed by a Support Service Manager, P Gillingham BA and there is an organisational structure which includes two Senior Project Workers, an Administrator, a part-time Bookkeeper, and a team of Project Workers.
Operational · Procedural statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 6
Praxis Service expects to continue in operational existence due to adequate resources and a new contract.
Based on the cash reserves held by Praxis, and the consistency in the monthly management accounts, the trustees are confident that Praxis has adequate resources to continue in operational existence for the foreseeable future.
Governance · Commitment statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 5
Praxis Service's principle funding sources are Housing Benefit income and Supporting People income.
The principle funding sources of Praxis are Housing Benefit income received from Newcastle City Council and Supporting People income. The total income from these sources is shown in note 3.
Financial · Funding statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 5
Praxis Service has unrestricted reserves that have increased from £1,838,378 to £1,965,452.
At 31 March 2025, the total unrestricted reserves stood at £1,965,452 (2024: £1,838,378).
Financial · Metric statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 5
Praxis Service's objectives include providing advice, treatment, and support for individuals with complex needs.
to provide advice, treatment, and support through the provision of both community services and the development and management of housing schemes.
Policy · Policy statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 3
Praxis Service's financial statements comply with the Charities Act 2011 and Companies Act 2006.
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 Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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).
Governance · Policy statement · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 3
Praxis Service manages two major projects under the Newcastle Citywide Supported Accommodation and resettlement support contract.
Praxis continues to manage two major projects, comprising of eight separate properties, within the Newcastle Citywide Supported Accommodation and resettlement support for homeless people contract.
Service · Observational claim · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 3
Praxis Service provides accommodation and support for homeless individuals with complex needs.
Praxis exists for the benefit of the public through the provision of its services to any member of the public who is homeless and who is referred to Praxis through Newcastle City Council's homeless services. They are likely to have complex needs and include women with their dependent children.
Service · Observational claim · From Praxis Service — annual report and accounts, year ending 31 March 2025, page 3
The charity had a net debt position of £316,988 at the end of August 2025.
Cash 234,622 82,366 316,988 Loans falling due within 1 year (3,887) 3,887 - Loans falling due after 1 year (43,787) 43,787 - Total 186,948 130,040 316,988
Financial · Metric statement · From Strength & Learning Through Horses — annual report and accounts, year ending 31 August 2025, page 52
The charity had operating lease commitments totaling £88,500 for the year ending August 2025.
The charity had operating leases at the year end with total future minimum lease payments as follows: Within 1 year 12,000 12,000 Within 1 - 5 years 60,000 60,000 More than 5 years 16,500 28,500 88,500 100,500
Financial · Procedural statement · From Strength & Learning Through Horses — annual report and accounts, year ending 31 August 2025, page 51