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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 |
Hallswelle House |
office |
1 Hallswelle Road |
London |
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NW11 ODH |
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Company secretary |
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Auditor |
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Chartered accountants & statutory auditor |
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Hallswelle House |
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1 Hallswelle Road |
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London |
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England |
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NW11 0DH |
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Trustee |
Charity Secretary |
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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 |
Hallswelle House |
1 Hallswelle Road |
London |
England |
NW11 0DH |
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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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--------- |
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--------- |
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Total income |
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--------- |
--------- |
--------- |
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Expenditure on charitable activities |
7,8 |
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--------- |
--------- |
--------- |
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Total expenditure |
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--------- |
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--------- |
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--------- |
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--------- |
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Net income |
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--------- |
--------- |
--------- |
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Gains from revaluation of fixed assets |
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– |
--------- |
--------- |
--------- |
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Net movement in funds |
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Total funds brought forward |
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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 |
11 |
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Investments |
12 |
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------------- |
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Debtors |
13 |
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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 |
14 |
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--------- |
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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 |
15 |
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Net assets |
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------------- |
------------- |
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Revaluation reserve |
|
– |
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Other unrestricted income funds |
972,053 |
464,705 |
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--------- |
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Total unrestricted funds |
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--------- |
--------- |
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Total charity funds |
16 |
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--------- |
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Trustee |
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Company Limited by Guarantee |
Statement of Cash Flows |
2024 |
2023 |
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£ |
£ |
|
Net income |
507,348 |
131,548 |
Adjustments for: |
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Dividends, interest and rents from investments |
(2,707) |
(2,578) |
Other interest receivable and similar income |
(
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(
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Interest payable and similar charges |
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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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--------- |
--------- |
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Cash generated from operations |
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(
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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 from operating activities |
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--------- |
--------- |
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Dividends, interest and rents from investments |
2,707 |
2,578 |
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--------- |
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Net cash from investing activities |
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--------- |
--------- |
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Proceeds from loans from group undertakings |
– |
(
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--------- |
------------- |
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Net cash used in financing activities |
– |
(
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--------- |
------------- |
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Net increase/(decrease) in cash and cash equivalents |
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(
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Cash and cash equivalents at beginning of year |
104,128 |
89,452 |
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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 |
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
£ |
£ |
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Donations received |
510,059 |
510,059 |
159,108 |
159,108 |
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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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Income from listed investments |
2,707 |
2,707 |
2,578 |
2,578 |
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Rents receivable & service charge income |
89,146 |
89,146 |
115,763 |
115,763 |
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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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Donations made |
51,480 |
51,480 |
97,440 |
97,440 |
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Activity type 2 |
33,930 |
33,930 |
35,800 |
35,800 |
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Support costs |
9,154 |
9,154 |
12,661 |
12,661 |
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-------- |
-------- |
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-------- |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Donations made |
51,480 |
– |
51,480 |
97,440 |
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Activity type 2 |
33,930 |
– |
33,930 |
35,800 |
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Governance costs |
– |
9,154 |
9,154 |
12,661 |
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-------- |
------- |
-------- |
--------- |
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-------- |
------- |
-------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Fees payable for the audit of the financial statements |
7,800 |
9,000 |
------- |
------- |
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Investment Property |
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£ |
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Cost |
|
At 1 April 2023 and 31 March 2024 |
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------------- |
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Depreciation |
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At 1 April 2023 and 31 March 2024 |
– |
------------- |
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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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Listed investments |
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£ |
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Cost or valuation |
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At 1 April 2023 |
206 |
Additions |
– |
Fair value movements |
5,850 |
------- |
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At 31 March 2024 |
6,056 |
------- |
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Impairment |
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At 1 April 2023 and 31 March 2024 |
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Carrying amount |
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At 31 March 2024 |
6,056 |
------- |
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At 31 March 2023 |
206 |
------- |
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2024 |
2023 |
|
£ |
£ |
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Other debtors |
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--------- |
--------- |
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2024 |
2023 |
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£ |
£ |
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Other creditors |
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-------- |
-------- |
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2024 |
2023 |
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£ |
£ |
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Amounts owed to undertakings in which the charity has a participating interest |
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------------- |
------------- |
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At 1 April 2023 |
Income |
Expenditure |
Gains and losses |
At 31 March 2024 |
|
£ |
£ |
£ |
£ |
£ |
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Income and expenditure account |
464,705 |
601,912 |
(94,564) |
– |
972,053 |
Revaluation reserve |
– |
– |
– |
5,850 |
5,850 |
--------- |
--------- |
-------- |
------- |
--------- |
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464,705 |
601,912 |
(94,564) |
5,850 |
977,903 |
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--------- |
--------- |
-------- |
------- |
--------- |
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At 1 April 2022 |
Income |
Expenditure |
Gains and losses |
At 31 March 2023 |
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£ |
£ |
£ |
£ |
£ |
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Income and expenditure account |
333,157 |
277,449 |
(145,901) |
– |
464,705 |
Revaluation reserve |
– |
– |
– |
– |
– |
--------- |
--------- |
--------- |
---- |
--------- |
|
333,157 |
277,449 |
(145,901) |
– |
464,705 |
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--------- |
--------- |
--------- |
---- |
--------- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
11,027,390 |
11,027,390 |
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Investments |
6,056 |
6,056 |
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Current assets |
514,525 |
514,525 |
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Creditors less than 1 year |
(10,570,068) |
(10,570,068) |
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------------- |
------------- |
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Net assets |
977,903 |
977,903 |
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------------- |
------------- |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
11,027,390 |
11,027,390 |
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Investments |
206 |
206 |
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Current assets |
455,090 |
455,090 |
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Creditors less than 1 year |
(11,017,981) |
(11,017,981) |
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------------- |
------------- |
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Net assets |
464,705 |
464,705 |
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At 1 Apr 2023 |
Cash flows |
At 31 Mar 2024 |
|
£ |
£ |
£ |
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Cash at bank and in hand |
|
59,071 |
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Debt due after one year |
(10,987,508) |
450,000 |
(10,537,508) |
------------- |
--------- |
------------- |
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(
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(
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Company Limited by Guarantee |
Notes to the Financial Statements (continued) |