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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 |
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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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Total income |
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Costs of raising donations and legacies |
7 |
78 |
78 |
(
218) |
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Expenditure on charitable activities |
8,9 |
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Total expenditure |
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Net income/(expenditure) |
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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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(
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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 |
£ |
£ |
£ |
Investments |
12 |
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Debtors |
13 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
14 |
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Net current assets |
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Total assets less current liabilities |
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Revaluation reserve |
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– |
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Other unrestricted income funds |
3,837,161 |
2,910,207 |
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Total unrestricted funds |
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Total charity funds |
15 |
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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/(expenditure) |
926,954 |
(190,683) |
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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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 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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Net cash from investing activities |
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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 in cash and cash equivalents |
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Cash and cash equivalents at beginning of year |
573,936 |
44,622 |
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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 receivable |
3,160,384 |
3,160,384 |
2,474,272 |
2,474,272 |
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Deeds of covenant receivable |
352,049 |
352,049 |
318,641 |
318,641 |
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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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Bank interest receivable |
10 |
10 |
4 |
4 |
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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 raising donations and legacies |
78 |
78 |
(
218) |
(
218) |
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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 & grants |
2,578,847 |
2,578,847 |
2,977,107 |
2,977,107 |
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Support costs |
9,271 |
9,271 |
9,289 |
9,289 |
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Activities undertaken directly |
Support costs |
Total funds 2024 |
Total fund 2023 |
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£ |
£ |
£ |
£ |
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Donations & grants |
2,578,847 |
– |
2,578,847 |
2,977,107 |
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Governance costs |
– |
9,271 |
9,271 |
9,289 |
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2024 |
2023 |
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£ |
£ |
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Foreign exchange differences |
78 |
(218) |
Fees payable for the audit of the financial statements |
9,000 |
9,000 |
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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 |
6,241 |
Additions |
– |
Fair value movements |
92,639 |
-------- |
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At 31 March 2024 |
98,880 |
-------- |
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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 |
98,880 |
-------- |
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At 31 March 2023 |
6,241 |
-------- |
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2024 |
2023 |
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£ |
£ |
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Amounts owed by group undertakings |
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Loans to other charities |
5,008,324 |
5,008,324 |
------------ |
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2024 |
2023 |
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£ |
£ |
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Amounts owed to group undertakings |
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Amounts owing to related undertakings |
191,552 |
881,551 |
Loans from other charities |
1,956,552 |
1,946,552 |
Other creditors |
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At 1 April 2023 |
Income |
Expenditure |
Gains and losses |
At 31 March 2024 |
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£ |
£ |
£ |
£ |
£ |
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General funds |
2,910,207 |
3,515,150 |
(2,588,196) |
– |
3,837,161 |
Revaluation reserve |
– |
– |
– |
92,639 |
92,639 |
------------ |
------------ |
------------ |
-------- |
------------ |
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2,910,207 |
3,515,150 |
(2,588,196) |
92,639 |
3,929,800 |
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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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General funds |
3,100,890 |
2,795,495 |
(2,986,178) |
– |
2,910,207 |
Revaluation reserve |
– |
– |
– |
– |
– |
------------ |
------------ |
------------ |
---- |
------------ |
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3,100,890 |
2,795,495 |
(2,986,178) |
– |
2,910,207 |
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------------ |
------------ |
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---- |
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Unrestricted Funds |
Total Funds 2024 |
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£ |
£ |
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Tangible fixed assets |
98,880 |
98,880 |
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Current assets |
6,037,143 |
6,037,143 |
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Creditors less than 1 year |
(2,206,223) |
(2,206,223) |
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------------ |
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Net assets |
3,929,800 |
3,929,800 |
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Unrestricted Funds |
Total Funds 2023 |
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£ |
£ |
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Tangible fixed assets |
6,241 |
6,241 |
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Current assets |
5,822,307 |
5,822,307 |
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Creditors less than 1 year |
(2,918,341) |
(2,918,341) |
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Net assets |
2,910,207 |
2,910,207 |
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At 1 Apr 2023 |
Cash flows |
At 31 Mar 2024 |
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£ |
£ |
£ |
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Cash at bank and in hand |
|
115,044 |
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Debt due within one year |
(43,674) |
32,257 |
(11,417) |
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