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Company Limited by Guarantee |
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Company Limited by Guarantee |
Financial Statements |
Page |
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Trustees' annual report (incorporating the director's report) |
1 |
Independent auditor's report to the members |
5 |
Statement of financial activities (including income and expenditure account) |
9 |
Statement of financial position |
10 |
Statement of cash flows |
11 |
Notes to the financial statements |
12 |
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Company Limited by Guarantee |
Trustees' Annual Report (Incorporating the Director's Report) |
Registered charity name |
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Charity registration number |
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Company registration number |
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Principal office and registered |
111 Cazenove Road |
office |
London |
N16 6AX |
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Auditor |
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Chartered accountants & statutory auditor |
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103 High Street |
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Waltham Cross |
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Herts |
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EN8 7AN |
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Company Limited by Guarantee |
Independent Auditor's Report to the Members of
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(Senior Statutory Auditor) |
For and on behalf of |
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Chartered accountants & statutory auditor |
103 High Street |
Waltham Cross |
Herts |
EN8 7AN |
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Company Limited by Guarantee |
Statement of Financial Activities |
(including income and expenditure account) |
2024 |
2023 |
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Unrestricted funds |
Total funds |
Total funds |
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Note |
£ |
£ |
£ |
Donations and legacies |
5 |
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Investment income |
6 |
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– |
Other income |
7 |
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Total income |
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Costs of other trading activities |
8 |
91,465 |
91,465 |
97,386 |
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Expenditure on charitable activities |
9,10 |
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Total expenditure |
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Net expenditure and net movement in funds |
(
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(
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(
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------------ |
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------------ |
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Total funds brought forward |
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------------ |
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------------ |
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Total funds carried forward |
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------------ |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
Tangible fixed assets |
16 |
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Debtors |
17 |
– |
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Cash at bank and in hand |
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-------- |
-------- |
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Creditors: amounts falling due within one year |
18 |
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--------- |
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Net current liabilities |
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--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Unrestricted funds |
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--------- |
--------- |
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Total charity funds |
20 |
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--------- |
--------- |
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Company Limited by Guarantee |
Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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Net expenditure |
(69,388) |
(7,706) |
Adjustments for: |
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Depreciation of tangible fixed assets |
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Government grant income |
– |
(
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Other interest receivable and similar income |
(
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– |
Accrued expenses |
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Changes in: |
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Trade and other debtors |
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– |
Trade and other creditors |
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(
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--------- |
--------- |
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Cash generated from operations |
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(
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Interest received |
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– |
--------- |
--------- |
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Net cash from/(used in) operating activities |
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(
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--------- |
--------- |
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Purchase of tangible assets |
(
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(
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--------- |
--------- |
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Net cash used in investing activities |
(
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(
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--------- |
--------- |
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Government grant income |
– |
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--------- |
--------- |
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Net cash from financing activities |
– |
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--------- |
--------- |
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Net decrease in cash and cash equivalents |
(
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(
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Cash and cash equivalents at beginning of year |
41,384 |
191,785 |
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Cash and cash equivalents at end of year |
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Company Limited by Guarantee |
Notes to the Financial Statements |
Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Computer Equipment |
- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations |
704,827 |
704,827 |
603,547 |
603,547 |
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After-school child care |
2,063,808 |
2,063,808 |
2,043,289 |
2,043,289 |
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Government grant income |
– |
– |
496,018 |
496,018 |
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------------ |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Bank interest receivable type 1 |
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– |
– |
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---- |
---- |
---- |
---- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Other income |
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--------- |
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--------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Costs of other trading activities |
91,465 |
91,465 |
97,386 |
97,386 |
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-------- |
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Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
2,139,412 |
2,139,412 |
2,330,933 |
2,330,933 |
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Activity type 2 |
110,682 |
110,682 |
96,070 |
96,070 |
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Support costs |
929,545 |
929,545 |
1,037,343 |
1,037,343 |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Charitable activities |
2,139,412 |
919,046 |
3,058,458 |
3,360,776 |
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Activity type 2 |
110,682 |
– |
110,682 |
96,070 |
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Governance costs |
– |
10,499 |
10,499 |
7,500 |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Staff costs |
919,046 |
919,046 |
1,029,843 |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
101,247 |
82,366 |
Operating lease rentals |
– |
1,148 |
--------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
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-------- |
------- |
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2024 |
2023 |
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£ |
£ |
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Wages and salaries |
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Social security costs |
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--------- |
------------ |
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2024 |
2023 |
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No. |
No. |
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Number of staff - Administration |
85 |
112 |
---- |
---- |
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Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 April 2023 |
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Additions |
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– |
– |
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--------- |
------------ |
-------- |
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At 31 March 2024 |
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-------- |
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Depreciation |
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At 1 April 2023 |
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Charge for the year |
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--------- |
------------ |
-------- |
-------- |
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At 31 March 2024 |
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--------- |
------------ |
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Carrying amount |
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At 31 March 2024 |
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--------- |
------------ |
-------- |
-------- |
------------ |
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At 31 March 2023 |
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--------- |
------------ |
-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Loans |
– |
1,900 |
---- |
------- |
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2024 |
2023 |
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£ |
£ |
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Trade creditors |
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Accruals and deferred income |
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Social security and other taxes |
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Loans |
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Other creditors |
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--------- |
--------- |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Government grants income |
– |
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---- |
--------- |
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At 1 April 2023 |
Income |
Expenditure |
At 31 March 2024 |
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£ |
£ |
£ |
£ |
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General funds |
478,333 |
3,201,716 |
(3,271,104) |
408,945 |
--------- |
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At 1 April 2022 |
Income |
Expenditure |
At 31 March 2023 |
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£ |
£ |
£ |
£ |
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General funds |
486,039 |
3,554,026 |
(3,561,732) |
478,333 |
--------- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
555,988 |
555,988 |
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Current assets |
32,088 |
32,088 |
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Creditors less than 1 year |
(179,131) |
(179,131) |
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--------- |
--------- |
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Net assets |
408,945 |
408,945 |
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--------- |
--------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
538,382 |
538,382 |
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Current assets |
43,284 |
43,284 |
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Creditors less than 1 year |
(103,333) |
(103,333) |
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--------- |
--------- |
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Net assets |
478,333 |
478,333 |
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--------- |
--------- |
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At 1 Apr 2023 |
Cash flows |
At 31 Mar 2024 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
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(9,296) |
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-------- |
------- |
-------- |
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