|
|
|
Company Limited by Guarantee |
|
|
|
|
|
|
|
Company Limited by Guarantee |
|
Financial Statements |
|
Page |
|
|
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 |
|
|
|
Company Limited by Guarantee |
|
Trustees' Annual Report (Incorporating the Director's Report) |
|
Registered charity name |
|
|
Charity registration number |
|
|
Company registration number |
|
|
Principal office and registered |
98 Lewis Gardens |
|
office |
London |
|
N16 5PJ |
|
|
|
||
|
|
||
|
Auditor |
|
|
Chartered accountants & statutory auditor |
|
|
103 High Street |
|
|
Waltham Cross |
|
|
Herts |
|
|
EN8 7AN |
|
|
|
|
Trustee |
|
|
|
Company Limited by Guarantee |
|
Independent Auditor's Report to the Members of
|
|
|
|
(Senior Statutory Auditor) |
|
For and on behalf of |
|
|
|
Chartered accountants & statutory auditor |
|
103 High Street |
|
Waltham Cross |
|
Herts |
|
EN8 7AN |
|
|
|
Company Limited by Guarantee |
|
Statement of Financial Activities |
|
(including income and expenditure account) |
|
2024 |
2023 |
||
|
Unrestricted funds |
Total funds |
Total funds |
|
|
Note |
£ |
£ |
£ |
|
Donations and legacies |
5 |
|
|
|
|
------------ |
------------ |
--------- |
||
|
Total income |
|
|
|
|
|
------------ |
------------ |
--------- |
||
|
Expenditure on charitable activities |
6,7 |
|
|
|
|
------------ |
------------ |
--------- |
||
|
Total expenditure |
|
|
|
|
|
------------ |
------------ |
--------- |
||
|
------------ |
------------ |
--------- |
|
|
Net (expenditure)/income and net movement in funds |
(
|
(
|
|
|
------------ |
------------ |
--------- |
|
|
Total funds brought forward |
|
|
|
|
------------ |
------------ |
--------- |
|
|
Total funds carried forward |
|
|
|
|
------------ |
------------ |
--------- |
|
|
|
|
Company Limited by Guarantee |
|
Statement of Financial Position |
|
2024 |
2023 |
|
|
Note |
£ |
£ |
|
Debtors |
12 |
|
|
|
Cash at bank and in hand |
|
|
|
|
--------- |
--------- |
||
|
|
|
||
|
Creditors: amounts falling due within one year |
13 |
|
|
|
--------- |
--------- |
||
|
Net current assets |
|
|
|
|
--------- |
--------- |
||
|
Total assets less current liabilities |
|
|
|
|
Creditors: amounts falling due after more than one year |
14 |
|
|
|
--------- |
--------- |
||
|
Net assets |
|
|
|
|
--------- |
--------- |
||
|
Unrestricted funds |
|
|
|
|
--------- |
--------- |
||
|
Total charity funds |
15 |
|
|
|
--------- |
--------- |
||
|
|
|
Trustee |
|
|
|
Company Limited by Guarantee |
|
Statement of Cash Flows |
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Net (expenditure)/income |
(176,925) |
8,143 |
|
Adjustments for: |
||
|
Interest payable and similar charges |
|
|
|
Accrued expenses |
|
|
|
Other operating cash flow adjustment |
– |
376,870 |
|
Changes in: |
||
|
Trade and other debtors |
|
(
|
|
--------- |
--------- |
|
|
Cash generated from operations |
|
(
|
|
Interest paid |
(
|
(
|
|
-------- |
-------- |
|
|
Net cash from/(used in) operating activities |
|
(
|
|
-------- |
-------- |
|
|
Proceeds from borrowings |
(
|
|
|
-------- |
-------- |
|
|
Net cash (used in)/from financing activities |
(
|
|
|
-------- |
-------- |
|
|
Net increase in cash and cash equivalents |
|
|
|
Cash and cash equivalents at beginning of year |
963 |
– |
|
------- |
---- |
|
|
Cash and cash equivalents at end of year |
|
|
|
------- |
---- |
|
|
|
|
Company Limited by Guarantee |
|
Notes to the Financial Statements |
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Donations type 1 |
7,241,660 |
7,241,660 |
990,731 |
990,731 |
|
|
------------ |
------------ |
--------- |
--------- |
||
|
Unrestricted Funds |
Total Funds 2024 |
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
£ |
£ |
||
|
Activity type 1 |
7,400,409 |
7,400,409 |
958,706 |
958,706 |
|
|
Support costs |
18,176 |
18,176 |
23,882 |
23,882 |
|
|
------------ |
------------ |
--------- |
--------- |
||
|
|
|
|
|
||
|
------------ |
------------ |
--------- |
--------- |
||
|
Activities undertaken directly |
Grant funding of activities |
Support costs |
Total funds 2024 |
Total fund 2023 |
||
|
£ |
£ |
£ |
£ |
£ |
||
|
Activity type 1 |
9,548 |
7,390,861 |
13,517 |
7,413,926 |
978,390 |
|
|
Governance costs |
– |
– |
4,659 |
4,659 |
4,198 |
|
|
------- |
------------ |
-------- |
------------ |
--------- |
||
|
|
|
|
|
|
||
|
------- |
------------ |
-------- |
------------ |
--------- |
||
|
Analysis of support costs activity 1 |
Analysis of support costs activity 2 |
Analysis of support costs activity 3 |
Analysis of support costs activity 4 |
Total 2024 |
Total 2023 |
||
|
£ |
£ |
£ |
£ |
£ |
£ |
||
|
Premises |
10,500 |
– |
– |
– |
10,500 |
10,500 |
|
|
General office |
845 |
375 |
205 |
1,592 |
3,017 |
9,184 |
|
|
-------- |
---- |
---- |
------- |
-------- |
-------- |
||
|
11,345 |
375 |
205 |
1,592 |
13,517 |
19,684 |
||
|
-------- |
---- |
---- |
------- |
-------- |
-------- |
||
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Grants to institutions type 1 |
6,973,669 |
587,386 |
|
Grants to individuals type 1 |
417,192 |
369,341 |
|
------------ |
--------- |
|
|
Total grants |
7,390,861 |
956,727 |
|
------------ |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Fees payable for the audit of the financial statements |
|
– |
|
------- |
---- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Other debtors |
|
|
|
--------- |
--------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Bank loans and overdrafts |
|
|
|
Accruals and deferred income |
|
|
|
-------- |
-------- |
|
|
|
|
|
|
-------- |
-------- |
|
|
2024 |
2023 |
|
|
£ |
£ |
|
|
Bank loans and overdrafts |
|
|
|
-------- |
-------- |
|
|
At 1 July 2023 |
Income |
Expenditure |
At 30 June 2024 |
|
|
£ |
£ |
£ |
£ |
|
|
General funds |
385,013 |
7,241,660 |
(7,418,585) |
208,088 |
|
--------- |
------------ |
------------ |
--------- |
|
|
At 1 July 2022 |
Income |
Expenditure |
At 30 June 2023 |
|
|
£ |
£ |
£ |
£ |
|
|
General funds |
376,870 |
990,731 |
(982,588) |
385,013 |
|
--------- |
--------- |
--------- |
--------- |
|
|
Unrestricted Funds |
Total Funds 2024 |
||
|
£ |
£ |
||
|
Current assets |
251,367 |
251,367 |
|
|
Creditors less than 1 year |
(4,200) |
(4,200) |
|
|
Creditors greater than 1 year |
(39,079) |
(39,079) |
|
|
--------- |
--------- |
||
|
Net assets |
208,088 |
208,088 |
|
|
--------- |
--------- |
||
|
Unrestricted Funds |
Total Funds 2023 |
||
|
£ |
£ |
||
|
Current assets |
440,249 |
440,249 |
|
|
Creditors less than 1 year |
(18,540) |
(18,540) |
|
|
Creditors greater than 1 year |
(36,696) |
(36,696) |
|
|
--------- |
--------- |
||
|
Net assets |
385,013 |
385,013 |
|
|
--------- |
--------- |
||
|
At 1 Jul 2023 |
Cash flows |
At 30 Jun 2024 |
|
|
£ |
£ |
£ |
|
|
Cash at bank and in hand |
|
6,244 |
|
|
Debt due within one year |
(14,740) |
(5,861) |
(20,601) |
|
Debt due after one year |
(36,696) |
18,218 |
(18,478) |
|
-------- |
-------- |
-------- |
|
|
(
|
|
(
|
|
|
-------- |
-------- |
-------- |
|