**CO. REGISTRATION NUMBER 02871723** 

## **ST. PAUL'S NEWPIN LIMITED** 

# **Company limited by guarantee** 

## **FINANCIAL STATEMENTS** 

## **31st March 2025** 

**Charity Number 1029714** 



## **ST. PAUL'S NEWPIN LIMITED Company limited by guarantee** 

## **FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025** 

|**CONTENTS**|**PAGE**|
|---|---|
|Members of the Board and professional advisers|**3**|
|Trustees' Annual Report|**4**|
|Independent examiners report to the members|**8**|
|Statement of financial activities (incorporating the||
|Income and expenditure account)|**9**|
|Balance sheet|**10**|
|Notes to the financial statements|**11**|



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**ST. PAUL'S NEWPIN LIMITED Company limited by guarantee** 

## **MEMBERS OF THE BOARD AND PROFESSIONAL ADVISERS** 

**Registered charity name** St. Paul's NEWPIN Limited **Charity number** 1029714 **Company registration number** 02871723 **Registered office** 21 Boldero Place, Gateforth Street, London, NW8 8EQ **Trustees** Charlotte Wright Jacqueline Mullane Kim Mcalister **Secretary** Lorraine Farrer **Centre co-ordinator** Carol Smylie **Accountants and** Et Voila Accountancy Services Limited, ISIS House, **Independent Examiners** Wednesbury, West Midlands, WS10 0PB 

**Bankers** Royal Bank of Scotland North West House 119 Marylebone Road London NW1 5PY 

Page 3 of 16 



## **ST. PAUL'S NEWPIN LIMITED YEAR ENDED 31 MARCH 2025** 

The  trustees,  who  are  also  directors  for  the  purposes  of  company  law,  present their  report  and  the financial statements of the charity for the year ended 31 March 

## **REFERENCE AND ADMINISTRATIVE DETAILS** 

Reference and administrative details are shown in the schedule of members of the board and professional advisers on page 1 of the financial statements. 

## **THE TRUSTEES** 

The trustees who served the charity during the period were as follows: 

Charlotte Wright 

Jacqueline Mullane, Kim Mcalister, 

## **Governing document** 

The organisation is a charitable company limited by guarantee, incorporated on 15 November 1993 and registered as a charity on 6 December 1993. The Company was established under a Memorandum of Association which established the objects and the powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding one pound. 

## **Charity's Organisational Structure** 

The board of trustees of the charity manages the charity. The trustees set policies and agree the organisation's strategic direction. Overall responsibility for the day-to-day running of the centre, staff and volunteers is devolved to the Centre Mangement. Managers are responsible for the management of individual projects and assist in the line management of staff in their team. 

## **Recruitment, appointment and training of trustees** 

New trustees are elected by the trustees at general meetings. All trustees must retire at each AGM, but are eligible for reappointment. 

Trustees  are  appointed  by  invitation  after  the  Board  receives  a 

recommendation  of  someone  with relevant expertise and experience - and with the prior agreement of the whole Board. We have a welcome pack for new trustees which inform them of their responsibilities as directors of a company and of the details  of the running of the  organisation.  Induction as  a trustee is  provided by discussion with the Chairman and Coordinator, and training is available to trustees. 

## **Activities** 

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. 

Page 4 of 16 



## **ST. PAUL'S NEWPIN LIMITED** 

## **YEAR ENDED 31 MARCH 2025** 

## **Summary of the objects of the charity set out in its governing document** 

To  promote  the  protection  and  preservation  of  mental  health  amongst  parents and  children  and  the prevention of child abuse.   To assist in relieving and supporting families suffering from mental and emotional distress, and in educating professional; workers on appropriate forms of advice, treatment and support. 

## **Summary of the main activities in relation to the objects** 

The main objectives of the Trust are to break down destructive family patterns to prevent child abuse and to raise the self-esteem of individual parents who are suffering from depression. We aim to inspire parents to recognise the value of consistent good practice in caring for children, and to raise their own self confidence through their experience in the Centre. Provide a safe welcoming place for the Over 50's local residents to meet and socialise, reduce isolation and promote comminity cohesion. Provide Government funded child care places for 2 - 5 year olds. 

## **Public Benefit** 

St Paul's **NEWPIN** provides a range of benefits and activities to the public as it aims to improve the lives of families with our support and help. Our Play and Support Dropin is open to any member of the public with at least one  child  under  the  age  of  five years  who  needs  to  use  the  service  because  they  are  experiencing difficulties in their family life, isolation, depression, or want to access quality play time with their child. We provide a large number of benefits, including provision of parenting support and improved health and well-being. Our Over 50's Drop-in is open to any member of the public that is over the age of 50 years. Our pre school is open to any member of the public with a child aged between 2 to 5 years old. 

## **Review of the Year** 

There were 4 Trustees’ meetings held during the year, including the Annual General Meeting in November 2024. 

## **Staff** 

There were no staff changes during the year. 

## **Financial matters** 

We received grants/ Pre-School Income as follows: Donation The National Lottery Community Fund Westminster City Council Church Ward Budget The Westminster Foundation Albert Hunt Trust John Lyons Charity Pre School Income 

The Trustees would like to record here their gratitude to all their funders. 

## **Attendance throughout the year** 

65 Families 85 Children attended Family Drop-in. 27 Children attended nursery 

Page 5 of 16 



## **ST. PAUL'S NEWPIN LIMITED** 

## **YEAR ENDED 31 MARCH 2025** 

75 Adults attended the Over 50s Drop-in throughout the year. 

## **Services run during the year** 

Parenting Sessions 

Triple P parenting Programme The Family Play Programme 

Peers Early Education Partnership (PEEP) Healthy Living Programme 

Pre School 

Drop-in Family Play & Support sessions Music Sessions 

Arts & Crafts/Messy Play Sessions 

Job advice /Housing Advice Speech & Language Over 50's Drop-in Sessions 

## **Reserves Policy** 

At 31 March 2025 general funds were £57,020 £82,915 (2023).The charity aims to hold the equivalent of at least 3 months' running costs (approximately £36,000) in general funds. The reserves are held for the following reasons: 

attract            grants. 

## **Risk statement** 

The Trustees have reviewed the major strategic, business and operational risks which the organisation faces and where possible they have put in place systems to mitigate them. 

Page 6 of 16 



## **ST. PAUL'S NEWPIN LIMITED YEAR ENDED 31 MARCH 2025** 

## **TRUSTEES' RESPONSIBILITIES STATEMENT** 

The trustees (who are also the directors of St. Paul's Newpin Limited for the purposes of company law) are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and regulations. 

Company law requires the trustees to prepare financial statements for each financial year. Under that law the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and the income and expenditure of the charity for that period. 

In preparing these financial statements, the trustees are required to: 

- select suitable accounting policies and then apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and accounting estimates that are reasonable and prudent; and 

·        prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. 

The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable 

## **External Examiner** 

A resolution was accepted at the Annual General Meeting to reappoint the External Examiner Sally Wainwright 

Each of the persons who is a trustee at the date of approval of this report confirms that ·        so far as each trustee is aware, there is no relevant information of which the charity's independent examiner is unaware; and 

·        each trustee has taken all steps that they ought to have taken as a trustee to make themself aware of  any  relevant information  and  to  establish  that  the charity's  independent examiner is  aware  of  that information. 

## **SMALL COMPANY PROVISIONS** 

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. 

Registered office:                                                        Signed on behalf of the trustees 21 Boldero Place Gateforth Street London NW8 8RL 

2nd October 2025 Jaki Mullane 

Page 7 of 16 



## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF ST PAULS NEWPIN LIMITED** 

I report on the accounts for the year ended 31 March 2025 set out on pages 9 to 16 

## **Respective responsibilities  of trustees and examiner** 

The charity's trustees (who are the directors for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act  2011 (the 2011 Act)) and that an independent examination is required. The charity's gross income was less than £250,000 and I am qualified to undertake the examination by being a qualified member of CIMA. 

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to: 

- examine the accounts under section 145 of the 2011 Act 

- to follow the procedures laid down in the General Directions given by the Charity Commission (under Section 145(5)(b) of the 2011 Act) and 

- to state whether particular matters have come to my attention 

## **Basis of independent examiner's report** 

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out  in the statements below. 

## **Independent Examiner's statement** 

In connection with my examination, no matter has come to my attention: 

(1) which gives me reasonable cause to believe that, in any material respect, the requirements 

- to keep accounting records in accordance with section 386 and 387 of the Companies Act 2006 and 

- to prepare the accounts which accord with the accounting records, comply with the accounting requirements of section 394 and 395 of the Companies Act 2006 and with the methods and principals of the statement of Recommended Practice: Accounting and Reporting by Charities 

have not been met; or 

- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Sally J Wainwright ACMA - Et Voila Accountancy Services Limited Isis Business Centre, Smith Road, Wednesbury, WS10 0PB 

28th September 2025 

Page 8 of 16 



## **ST. PAUL'S NEWPIN LIMITED** 

## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING THE INCOME AND EXPENDITURE ACCOUNT)** 

## **YEAR ENDED 31 MARCH 2025** 

|**YEAR ENDED 31 MARCH 2025**<br>**EXPENDITURE ACCOUNT)**||||||
|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**|**Total Funds**|**Total**|
|||||**2025**|**2024**|
||**Note**|**£**|**£**|**£**|£|
|**INCOME AND ENDOWMENTS**||||||
|Donations and legacies|**2**|**79,990**|**80,033**|**160,023**|171,975|
|Income from charitable|**3**|**6,020**|**–**|**6,020**|1,720|
|Insurance Claim||||||
|Investment income|**4**|**1,266**|**–**|**1,266**|1,233|
|||`─────────`|`─────────`|`──────────`|`──────────`|
|**TOTAL INCOME**||**87,276**|**80,033**|**167,309**|174,928|
|||`─────────`|`─────────`|`──────────`|`──────────`|
|**EXPENDITURE**||||||
|Expenditure on raising funds:||**-**||**-**|**-**|
|Costs of raising donations and legacies|**5**|**-**|**-**|**-**||
|Expenditure on charitable|**6**|**(89,914)**|**(80,033)**|**(169,947)**|(169,174)|
||||`─────────`|`──────────`|`──────────`|
|||`─────────`||||
|**TOTAL EXPENDITURE**||**(89,914)**|**(80,033)**|**(169,947)**|(169,174)|
|||||`──────────`|`──────────`|
|||`─────────`||||
|**NET INCOME AND NET**<br>**MOVEMENT IN FUNDS**|**7**|**(2,638)**|**-**|**(2,638)**|5,754|
|**RECONCILIATION OF**||||||
|**FUNDS**||||||
|Total funds brought forward||**88,664**|**5**|**88,669**|82,915|
|||`─────────`|`────`|`─────────`|`─────────`|
|**TOTAL FUNDS CARRIED**||**86,026**|**5**|**86,031**|88,669|
|||`═════════`|`════`|`═════════`|`═════════`|



The Statement of financial activities includes all gains and losses in the year. All of the above amounts relate to continuing activities. 

Page 9 of 16 



## **ST. PAUL'S NEWPIN LIMITED** 

## **The notes on pages 11 to 17 form part of these financial statements. BALANCE SHEET** 

## **31st March 2025** 

|**BALANCE SHEET**<br>**31st March 2025**||||||||
|---|---|---|---|---|---|---|---|
||**Note**|||**2025**|||**2024**|
||||**£**||**£**|£||
|**FIXED ASSETS**||||||||
|Tangible assets||**11**||**-**|||**320**|
|**CURRENT ASSETS**||||||||
|Debtors||**12**||**5,228**|||**6,815**|
|Cash at bank||||**110,803**|||**90,999**|
|||||**116,031**|||**97,814**|
|**CREDITORS: Amounts falling**||**13**||||||
|**due within one year**||||**(30,000)**|||**(9,465)**|
|**NET CURRENT ASSETS**||||**86,031**|||**88,349**|
|**TOTAL ASSETS LESS**||||||||
|**CURRENT LIABILITIES**||||**86,031**|||**88,669**|
|**FUNDS OF THE CHARITY**||||||||
|Restricted income||**15**||**5**|||**5**|
|Unrestricted income funds||||**86,026**||**88,664**|**88,664**|
|**TOTAL CHARITY FUNDS**|||**86,031**|**86,031**||**88,669**|**88,669**|



These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and with the Financial Reporting Standard for Smaller Entities (effective January 2015). 

These financial statements were approved by the members of the committee and authorised for issue on the 2nd  October 2025 and are signed on their behalf by: 

.......................…                                          ………………… Kim Mcalister Jaki Mullane Company Registration Number: 02871723 

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## **ST. PAUL'S NEWPIN LIMITED** 

## **The notes on pages 11 to 16 form part of these financial statements.** 

## **1 .     ACCOUNTING POLICIES Basis of accounting** 

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain fixed assets and investments measured at market value. The financial statements have been prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), and the requirements of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) (SORP 2015). 

## **Fund accounting** 

-       Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives   of   the   charity.   Unrestricted   funds   include   a   revaluation   reserve representing the restatement of investment assets at market values. 

-       Designated funds are unrestricted funds earmarked by the Management Committee for particular purposes. 

-       Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal. 

## **Incoming resources** 

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: 

-       Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities when receivable. grants, where entitlement  is not conditional on the delivery of a specific performance by the charity, are recognised when the charity becomes unconditionally entitled to the grant. 

-       Grants given for the purchase of fixed assets are treated as restricted. The grant is credited  to  the Statement  of  Financial  Activities  at  the  earlier  of  the  date  received  or  receivable. Depreciation is charged to the Statement of Financial Activities and against the restricted fund over the life of the asset purchased with the grant. Therefore, the balance on the fund is equivalent to the net book value of the asset. 

-       Donated services and facilities are included at the value to the charity where this can be quantified.  The value  of  services  provided  by  volunteers  has  not  been  included  in  these accounts. 

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## **ST. PAUL'S NEWPIN LIMITED** 

## **The notes on pages 11 to 16 form part of these financial statements.** 

## **1 .     ACCOUNTING POLICIES** _**(continued)**_ 

- Investment income is included when receivable. 

- Incoming resources from charitable trading activity are accounted for when earned. 

-       Incoming resources from grants, where related to performance and specific deliverables, are accounted for as the charity earns the right to consideration by its performance. 

## **Resources expended** 

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates: 

-       Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop. 

-       Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

-       Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the audit fees and costs linked to the strategic management of the charity. 

-       All costs are allocated between the expenditure categories of the SoFA on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly, others are apportioned on an appropriate basis - 

The salary costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity. This was reassessed this financial year due to how the charity has changed during the years. 

Personal Development Programme - 45% Support Costs - 10% Nursery  - 45% 

## **Fixed assets** 

Fixed assets (excluding investments) are stated at cost less accumulated depreciation. The costs of minor additions or those costing below £200 are not capitalised. Depreciation is 25% reducing balance 

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## **ST. PAUL'S NEWPIN LIMITED** 

**The notes on pages 11 to 16 form part of these financial statements.** 

|**2.     DONATIONS AND LEGACIES**|**2.     DONATIONS AND LEGACIES**||||
|---|---|---|---|---|
||**Unrestricted Funds**|**Restricted Funds**||**Total Funds**|
|||||**2025**|
||**£**|**£**||**£**|
|**Donations**||||0|
|Donations under £1500|50|||50|
|Albert Hunt Trust||5,000||5,000|
|John Lyons Charity||30,000||30,000|
|National lottery community fund||32,483||32,483|
|2 Year old Funds|79,940|||79,940|
|Westminster Foundation||12,550||12,550|
|Insurance Claims||||0|
||`─────────`|`─────────`||`─────────`|
||79,990|80,033||160,023|
||`═════════`|`═════════`||`═════════`|
||Unrestricted|Restricted Funds||Total Funds|
||Funds|||2024|
||£|£||£|
|**Donations**||||0|
|Donations under £1500|1,100|–||1,100|
|Grants receivable - Personal||7,500||7,500|
|Westminster Amalgamated||10,000||10,000|
|National lottery community fund||43,840||43,840|
|2 Year old Funds|105,035|||105,035|
|Westminster Council -|4,500|||4,500|
|Over 50's Project|||||
||`─────────`|`─────────`||`───────`|
||110,635|61,340||171,975|
|||`═════════`||`═════`|
||════||||
|**3.     INCOME FROM CHARITABLE ACTIVITIES**|||||
||**Unrestricted**|Unrestricted<br>**Total Funds**||Total Funds|
||**Funds**|Funds 2024<br>**2025**||2024|
||**£**|**£**<br>£||£|
|Pre-school places|**6,020**|**6,020**|1,720|1,720|
||`─────────`|`─────        ─────────`<br>||`───────`|
||**6,020**|**6,020**|1,720|1,720|
||`═════════`|`═══`|`═══`|`═══════`|
|**4.     INVESTMENT INCOME**|||||
||**Unrestricted**|Unrestricted<br>**Total Funds**||Total Funds|
||**Funds**|Funds 2024<br>**2025**||2024|
|**£**|**£**|**£**<br>£||£|
|Bank interest receivable|**1266**|**1266**|1233|1233|
||`════`|`════`<br>||`════`|



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## **ST. PAUL'S NEWPIN LIMITED** 

**The notes on pages 11 to 16 form part of these financial statements.** 

## **5.    COST OF RAISING DONATIONS AND LEGACIES** 

|**£**<br>**£**<br>**£**<br>£<br>Fundraising Costs<br>`════`<br>`════`<br>**Unrestricte**<br>**d**<br>**Restricted**<br>**Funds**<br>**Unrestricted**<br>**£**<br>**£**<br>**£**<br>2025<br>2025<br>2024<br>**Personal Development Costs:**<br>Hospitality<br>**6,915**<br>**1,500**<br>**8,058**<br>Staff Costs<br>**53,848**<br>**73,460**<br>**65,383**<br>Sessional Staff<br>**3,720**<br>Outings<br>**47**<br>**3,573**<br>**1,971**<br>**Nursery Costs**<br>Equipment and Nursery Materials<br>**3,340**<br>**1,500**<br>**3,496**<br>**Support Costs**<br>Pensions<br>**2,939**<br>**3,465**<br>Staff Costs<br>**5,800**<br>**5,192**<br>Bank Charges<br>**156**<br>**175**<br>Subscriptions<br>**677**<br>**166**<br>Professional Support<br>Training<br>**612**<br>**1,175**<br>Heat, Light, Power and Water<br>**4,103**<br>**4,473**<br>Travel<br>Postage and Stationery<br>**4,875**<br>**2,783**<br>Telephone<br>**2,063**<br>**1,725**<br>Accountancy and Professional Fees<br>**1,804**<br>**2,212**<br>Repairs and Maintenance<br>**1,504**<br>**358**<br>Cleaning<br>**136**<br>**554**<br>Licenses<br>**290**<br>Software<br>**80**<br>**120**<br>Depreciation<br>**320**<br>**107**<br>Insurance<br>**695**<br>**2,411**<br>**89,914**<br>**80,033**<br>**107,834**<br>**6. COSTS OF CHARITABLE ACTIVITIES**<br>**BY FUND TYPE**<br>Unrestricted<br>Funds 2024<br>**Unrestricted**<br>**Funds**<br>**Total Funds**<br>**2025**|Total Funds<br>2024<br>£<br>0<br>**£**<br>2024<br>**53,840**<br>**-**<br>**7,500**<br>**Restricted**<br>**Funds**|
|---|---|
||**61,340**|



## **7.     NET INCOMING RESOURCES FOR THE YEAR** 

This is stated after charging: 

|||**2025**||**2024**|
|---|---|---|---|---|
||**£**||**£**||
|Depreciation||**320**||**107**|
|Accountancy Fees|`═══════`|**1,804**|`═══════`|**2,172**|



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## **ST. PAUL'S NEWPIN LIMITED** 

**The notes on pages 11 to 16 form part of these financial statements.** 

## **8.   STAFF COSTS AND EMOLUMENTS** 

|**Total staff costs were as**|**2025**|**2024**|
|---|---|---|
|**follows:**|||
||**£**|**£**|
|Wages and salaries|**53,848**|**119,223**|
|Pension|**2,939**|**3,465**|
|Social security|**5,192**|**5,192**|
||`─────────`|`─────────`|
||61,979<br>`═════════`|127,880<br>`═════════`|



## **9.   STAFF COSTS AND EMOLUMENTS** _**(continued)**_ **Particulars of employees:** 

The average number of employees during the year, calculated on the basis of full-time equivalents, was as follows: 


**----- Start of picture text -----**<br>
2025 2024<br>No. No.<br>Number of  4 4<br>personal<br>Number of  - -<br>support staff<br>──── ────<br>4 4<br>════ ════<br>**----- End of picture text -----**<br>


No employee received remuneration of more than £60,000 during the year. 

## **10 .   TRUSTEE REMUNERATION & RELATED PARTY TRANSACTIONS** 

No members of the management committee received any remuneration or expenses during the year or the previous year. 

No  trustee  or  other  person  related  to  the  charity  had  any  personal  interest  in  any  contract  or transaction entered into by the charity during the year or the previous year. 

## **11 TANGIBLE FIXED ASSETS** 

|**£**<br>**Cost**<br>2,400<br>-<br>2,080<br>320<br>-<br>2,400<br>**Net book value**<br>320<br>-<br>At 31 March 2025:<br>**Furniture and**<br>**Fixtures**<br>At 1st April 2024:<br>Additions:<br>At 31 March 2025:<br>**Depreciation**<br>On disposals:<br>At 1st April 2024:<br>Charge for year:<br>At 31 March 2025:<br>At 1st April 2024:|**Total**<br>2,400|
|---|---|
||-|
||-|
||2,080<br>320<br>-|
||2,400|
||320|
||-|



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## **ST. PAUL'S NEWPIN LIMITED** 

**The notes on pages 11 to 16 form part of these financial statements.** 

## **12 .   DEBTORS** 

|**12.   DEBTORS**|||
|---|---|---|
||**2025**|**2024**|
||£|£|
|Trade debtors|3,381|3,381|
|Tax and Social Security||1587|
|Prepayments|1,847|1,847|
||`─────────`|`─────────`|
||5,228|6,815|
||`════`|`════`|



## **13 .   CREDITORS: Amounts falling due within one year** 

|Pension<br>Wages<br>Tax and Social Security<br>Funding for next financial year<br>Other creditors|**£**<br>**2025**<br>30,000<br>**30,000**|**£**<br>**2024**<br>718<br>287<br>8,460|
|---|---|---|
|||**9,465**|



## **14 .   TAXATION** 

The charity is provisionally exempt  from tax on income  and  gains to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity. 

## **15.   COMPANY LIMITED BY GUARANTEE** 

St. Paul's NEWPIN Limited is a company limited by guarantee and accordingly does not have a share capital. Every  member  of  the  company  undertakes  to  contribute  such  amount  as  may  be  required  not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member. 

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