REGISTERED COMPANY NUMBER: 02912688 (England and Wales)

REGISTERED CHARITY NUMBER: 1036738

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TOY HOUSE LIBRARIES ASSOCIATION OF TOWER

HAMLETS

Page

Report of the Trustees

1

to

2

Independent Examiner's Report

3

Statement of Financial Activities

4

Balance Sheet

5

to

6

Notes to the Financial Statements

7

to

14

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity's objects are to provide and assist in the provision of facilities for children and adults with special educational needs, primarily in the London Borough of Tower Hamlets, for their recreation, especially through the provision of therapeutic and educational toys with the object of improving their conditions of life. The policies adopted in furtherance of these objectives are to support individual member groups in Tower Hamlets and there has been no change to these during the year.

Public benefit

The Trustees confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objects and in planning future activities and setting policy for the year.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

The charity was formed on 25 March 1994, at that time is took over the activities, assets and liabilities of the previous unincorporated association of the same name, which had been set up in March 1979.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

02912688 (England and Wales)

Registered Charity number

1036738

Registered office

The Toy House Centre

92 St Pauls Way

Bow

London

E3 4AL

Trustees

Mx S Cox (resigned 22.10.24)

Mx T Evans

V Whitehead

J Hastings

H Iqbal (resigned 22.10.24)

Z Rahman

K Khan

S Harris

F Jobber

R Lawrence

Mx W LU

Mx G Sullivan (appointed 22.10.24)

Mx A Figueiredo (appointed 22.10.24)

Company Secretary

Independent Examiner

Mr Christopher Marsh FMAAT

Marsh Solutions Limited

82 Berechurch Hall Road

Colchester

Essex

CO2 8RF

Approved by order of the board of trustees on 16 September 2025 and signed on its behalf by:

V Whitehead - Trustee

Independent examiner's report to the trustees of Toy House Libraries Association Of Tower Hamlets ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Mr Christopher Marsh FMAAT

Marsh Solutions Limited

82 Berechurch Hall Road

Colchester

Essex

CO2 8RF

24 September 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

9,547

(2

)

9,545

11,146

Charitable activities

General & Overheads

13,433

-

13,433

5,404

Parenting Programmes

-

109,923

109,923

41,908

EY Stay & Play Sessions

-

56,214

56,214

57,816

Toy Library Activities

-

16,047

16,047

6,241

Creative Cooking

-

27,764

27,764

21,864

Volunteer Programmes

-

-

-

13,385

Investment income

2

14,363

-

14,363

5,265

Other income

250

-

250

225

Total

37,593

209,946

247,539

163,254

EXPENDITURE ON

Charitable activities

General & Overheads

6,473

8

6,481

48,112

Parenting Programmes

-

108,875

108,875

41,909

EY Stay & Play Sessions

-

56,213

56,213

57,816

Toy Library Activities

-

16,047

16,047

6,241

Creative Cooking

-

27,764

27,764

21,864

Volunteer Programmes

-

-

-

13,386

Total

6,473

208,907

215,380

189,328

Net gains/(losses) on investments

-

(1,047

)

(1,047

)

-

NET INCOME/(EXPENDITURE)

31,120

(8

)

31,112

(26,074

)

RECONCILIATION OF FUNDS

Total funds brought forward

143,041

49,206

192,247

218,321

TOTAL FUNDS CARRIED FORWARD

174,161

49,198

223,359

192,247

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

funds

funds

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

7

5,324

-

5,324

2,852

CURRENT ASSETS

Debtors

8

10,865

-

10,865

28,637

Cash at bank and in hand

160,145

190,448

350,593

361,364

171,010

190,448

361,458

390,001

CREDITORS

Amounts falling due within one year

9

(2,173

)

(141,250

)

(143,423

)

(200,606

)

NET CURRENT ASSETS

168,837

49,198

218,035

189,395

TOTAL ASSETS LESS CURRENT LIABILITIES

174,161

49,198

223,359

192,247

NET ASSETS

174,161

49,198

223,359

192,247

FUNDS

10

Unrestricted funds

174,161

143,041

Restricted funds

49,198

49,206

TOTAL FUNDS

223,359

192,247

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 16 September 2025 and were signed on its behalf by:

V Whitehead - Trustee

R Lawrence - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements and assessment of going concern

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

The financial statements are presented in sterling (£).

Income

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.

o

income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.

o

legacy income is recognised when receipt is probable and entitlement is established.

o

income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or estimated resale value. Donated facilities are services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contributions of general volunteers.

o

income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a specific purpose and returned if unspent, in which case it may be regarded as restricted.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash, current bank accounts and deposit bank accounts with no withdrawal limitations.

Creditors

Creditors are recognised where then charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are recognised at their settlement amount

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Deposit account interest

14,363

5,265

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25

31.3.24

£

£

Depreciation - owned assets

1,707

963

Other operating leases

-

17,770

Independent Examination

-

1,500

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Key management

The trustees consider the role of Key Management to be those of XXXXX.

During the year the Key Management received remuneration of £XXX of Gross Wages, £XXX of Pension Contributions and incurred £XXX of Employers National Insurance contributions

5.	STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.25

31.3.24

All Staff

-

7

No employees received emoluments in excess of £60,000.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

11,144

2

11,146

Charitable activities

General & Overheads

5,404

-

5,404

Parenting Programmes

-

41,908

41,908

EY Stay & Play Sessions

-

57,816

57,816

Toy Library Activities

-

6,241

6,241

Creative Cooking

-

21,864

21,864

Volunteer Programmes

-

13,385

13,385

Investment income

5,265

-

5,265

Other income

225

-

225

Total

22,038

141,216

163,254

EXPENDITURE ON

Charitable activities

General & Overheads

21,420

26,692

48,112

Parenting Programmes

-

41,909

41,909

EY Stay & Play Sessions

-

57,816

57,816

Toy Library Activities

-

6,241

6,241

Creative Cooking

-

21,864

21,864

Volunteer Programmes

-

13,386

13,386

Total

21,420

167,908

189,328

NET INCOME/(EXPENDITURE)

618

(26,692

)

(26,074

)

RECONCILIATION OF FUNDS

Total funds brought forward

142,423

75,898

218,321

TOTAL FUNDS CARRIED FORWARD

143,041

49,206

192,247

7.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

196,962

18,631

5,302

220,895

Additions

-

5,226

-

5,226

Disposals

-

(6,180

)

-

(6,180

)

At 31 March 2025

196,962

17,677

5,302

219,941

DEPRECIATION

At 1 April 2024

196,961

17,126

3,956

218,043

Charge for year

-

1,261

446

1,707

Eliminated on disposal

-

(5,133

)

-

(5,133

)

At 31 March 2025

196,961

13,254

4,402

214,617

NET BOOK VALUE

At 31 March 2025

1

4,423

900

5,324

At 31 March 2024

1

1,505

1,346

2,852

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

6,250

25,000

Prepayments

4,615

3,637

10,865

28,637

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2

-

Social security and other taxes

42

-

Other creditors

172

-

Accruals and deferred income

-

200,606

Accrued expenses

143,207

-

143,423

200,606

10.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1.4.24

in funds

funds

31.3.25

£

£

£

£

Unrestricted funds

General fund

84,407

31,120

12,132

127,659

Premises Replacement Fund

10,000

-

-

10,000

Staff Redundancy Fund

38,634

-

(12,132

)

26,502

Office Equipment Replacement Fund

10,000

-

-

10,000

143,041

31,120

-

174,161

Restricted funds

Community Fund

8

(8

)

-

-

Running Costs

39,698

-

-

39,698

Other Restricted Funds

9,500

-

-

9,500

49,206

(8

)

-

49,198

TOTAL FUNDS

192,247

31,112

-

223,359

Net movement in funds, included in the above are as follows:

Incoming

Resources

Gains and

Movement

resources

expended

losses

in funds

£

£

£

£

Unrestricted funds

General fund

37,593

(6,473

)

-

31,120

Restricted funds

Community Fund

-

(8

)

-

(8

)

Cooking

27,764

(27,764

)

-

-

Parenting

109,922

(108,875

)

(1,047

)

-

Stay & Play

56,213

(56,213

)

-

-

Toy Library Service

16,047

(16,047

)

-

-

209,946

(208,907

)

(1,047

)

(8

)

TOTAL FUNDS

247,539

(215,380

)

(1,047

)

31,112

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

83,789

618

84,407

Premises Replacement Fund

10,000

-

10,000

Staff Redundancy Fund

38,634

-

38,634

Office Equipment Replacement Fund

10,000

-

10,000

142,423

618

143,041

Restricted funds

Community Fund

8

-

8

Running Costs

66,390

(26,692

)

39,698

Other Restricted Funds

9,500

-

9,500

75,898

(26,692

)

49,206

TOTAL FUNDS

218,321

(26,074

)

192,247

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

22,038

(21,420

)

618

Restricted funds

Running Costs

-

(26,692

)

(26,692

)

Cooking

21,864

(21,864

)

-

Parenting

41,909

(41,909

)

-

Stay & Play

57,816

(57,816

)

-

Toy Library Service

6,241

(6,241

)

-

Volunteers Programme

13,386

(13,386

)

-

141,216

(167,908

)

(26,692

)

TOTAL FUNDS

163,254

(189,328

)

(26,074

)

A current year 12 months and prior year 12 months combined position is as follows:

Net

Transfers

movement

between

At

At 1.4.23

in funds

funds

31.3.25

£

£

£

£

Unrestricted funds

General fund

83,789

31,738

12,132

127,659

Premises Replacement Fund

10,000

-

-

10,000

Staff Redundancy Fund

38,634

-

(12,132

)

26,502

Office Equipment Replacement Fund

10,000

-

-

10,000

142,423

31,738

-

174,161

Restricted funds

Community Fund

8

(8

)

-

-

Running Costs

66,390

(26,692

)

-

39,698

Other Restricted Funds

9,500

-

-

9,500

75,898

(26,700

)

-

49,198

TOTAL FUNDS

218,321

5,038

-

223,359