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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 |
7 |
Statement of financial activities (including income and expenditure account) |
11 |
Statement of financial position |
12 |
Statement of cash flows |
13 |
Notes to the financial statements |
14 |
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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 |
The Osborne Centre |
office |
Osborne Square |
Dagenham |
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Essex |
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RM9 5BE |
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Company secretary |
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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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Bankers |
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The Green |
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Stanford-Le-Hope |
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Essex |
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SS17 0ER |
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Solicitors |
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Marshalls Chambers |
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Romford |
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Essex |
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RM1 1QS |
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Trustee |
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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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Charitable activities |
6 |
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Other trading activities |
7 |
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Investment income |
8 |
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Total income |
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Expenditure on charitable activities |
9,10 |
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Total expenditure |
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Net income and net movement in funds |
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--------- |
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Total funds brought forward |
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--------- |
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Total funds carried forward |
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Company Limited by Guarantee |
Statement of Financial Position |
2024 |
2023 |
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Note |
£ |
£ |
£ |
Tangible fixed assets |
17 |
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Debtors |
18 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
19 |
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Net current assets |
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--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
20 |
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Net assets |
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Unrestricted funds |
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--------- |
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Total charity funds |
23 |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
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Net income |
1,205 |
6,568 |
Adjustments for: |
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Depreciation of tangible fixed assets |
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Other interest receivable and similar income |
(
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(
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Interest payable and similar charges |
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Accrued expenses/(income) |
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(
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Other operating cash flow adjustment |
– |
28,842 |
Changes in: |
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Trade and other debtors |
(
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(
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Trade and other creditors |
(
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-------- |
-------- |
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Cash generated from operations |
(
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Interest paid |
(
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(
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Interest received |
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-------- |
-------- |
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Net cash (used in)/from operating activities |
(
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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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Payments of finance lease liabilities |
(
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-------- |
-------- |
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Net cash (used in)/from financing activities |
(
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-------- |
-------- |
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Net (decrease)/increase in cash and cash equivalents |
(
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Cash and cash equivalents at beginning of year |
981,040 |
920,579 |
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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 |
Fixtures, Fittings & Equipment |
- |
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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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General Donations & Fundraising Receipts |
2,389 |
2,389 |
8,427 |
8,427 |
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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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Partner/Staff Income |
7,761 |
7,761 |
– |
– |
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Kitchen Upgrade Income |
– |
– |
15,000 |
15,000 |
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Provider Holding Income |
13,122 |
13,122 |
– |
– |
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Other income |
10,776 |
10,776 |
2,068 |
2,068 |
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Osborne celebrations |
1,547 |
1,547 |
1,602 |
1,602 |
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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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Trading income |
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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 |
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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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Support costs |
830,575 |
830,575 |
738,214 |
738,214 |
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Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
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Activity type 1 |
627,064 |
627,064 |
536,985 |
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Governance costs |
203,511 |
203,511 |
201,229 |
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Analysis of support costs activity 1 |
Total 2024 |
Total 2023 |
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£ |
£ |
£ |
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Staff costs |
627,064 |
627,064 |
536,984 |
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--------- |
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2024 |
2023 |
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£ |
£ |
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Depreciation of tangible fixed assets |
17,285 |
13,690 |
-------- |
-------- |
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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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Employer contributions to pension plans |
12,230 |
11,591 |
--------- |
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2024 |
2023 |
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No. |
No. |
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Number of staff - type 1 |
24 |
21 |
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---- |
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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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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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--------- |
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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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--------- |
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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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Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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– |
--------- |
-------- |
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--------- |
-------- |
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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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Obligations under finance leases and hire purchase contracts |
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Income in advance |
– |
60,000 |
Other creditors |
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-------- |
--------- |
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-------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Obligations under finance leases and hire purchase contracts |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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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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Unrestricted Funds |
971,885 |
831,780 |
(830,575) |
973,090 |
--------- |
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At 1 April 2022 |
Income |
Expenditure |
At 31 March 2023 |
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£ |
£ |
£ |
£ |
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Unrestricted Funds |
965,317 |
744,782 |
(738,214) |
971,885 |
--------- |
--------- |
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--------- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
49,377 |
49,377 |
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Current assets |
1,020,107 |
1,020,107 |
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Creditors less than 1 year |
(80,389) |
(80,389) |
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Creditors greater than 1 year |
(16,005) |
(16,005) |
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------------ |
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Net assets |
973,090 |
973,090 |
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------------ |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
62,948 |
62,948 |
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Current assets |
1,053,744 |
1,053,744 |
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Creditors less than 1 year |
(121,426) |
(121,426) |
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Creditors greater than 1 year |
(23,381) |
(23,381) |
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Net assets |
971,885 |
971,885 |
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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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(83,467) |
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Debt due within one year |
(7,377) |
– |
(7,377) |
Debt due after one year |
(23,381) |
7,376 |
(16,005) |
--------- |
-------- |
--------- |
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(
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--------- |
-------- |
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