Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee)
REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
COMPANY REG NO. 02626306 CHARITY NO. 1034621
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Contents
| Page | |
|---|---|
| Legal and administrative information | 1 |
| Report of the trustees | 2-3 |
| Reporting accountant's report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Accounting policies | 7-8 |
| Notes forming part of the financial statements | 9-12 |
| Detailed income & expenditure account | 13 |
Page 13 does not form part of the statutory accounts.
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Legal and Administrative Information
| Trustees and directors | A Sezgin |
|---|---|
| C Canbolat | |
| C K Sagir | |
| E Tan | |
| S Ozdemir | |
| Company Secretary | C Canbolat |
| Key management & personnel | O Dil |
| Administration office address | Former Library |
| Howard Road | |
| Stoke Newington | |
| London N16 8PU | |
| Registered office address | Former Library |
| Howard Road | |
| Stoke Newington | |
| London N16 8PU | |
| Charity registration no.: | 1034621 |
| Company registration no.: | 02626306 (England & Wales) |
| Reporting accountants | Liondaris & Co |
| Certified Public Accountants | |
| 1st Floor Woodgate Studios | |
| 2-8 Games Road | |
| Cockfosters | |
| EN4 9HN |
Page 1
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Directors' & Trustees' Report for the Year Ended 31 March 2025
The trustees are pleased to present their annual trustees' report for the year ended 31 March 2025 which is also prepared to meet the requirements for a directors report and accounts for Companies Act purposes.
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and 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 (FRS102).
Structure, Governance and Management
Governing Document
Day-Mer is a company limited by guarantee and is a registered charity. The company was established under a Memorandum of Association which established the objects and 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 £1.
Recruitment & Appointment of Trustees
The trustees and directors who have served throughout the year are shown on page 1. Appointment of directors/trustees is governed by the Memorandum & Articles of Association.
New Trustees undergo training on their legal obligations as under Charity Law, the decision making process, the business plan and recent performance of the charity.
Organisational Structure
The charity is organized so that the trustees meet regularly to manage its affairs. The Charity Administrator manages the day to day administration of the charity and reports to the Trustees at monthly Trustee meetings.
Risk Management
The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.
The trustees also review non-financial risks and these risks are managed by ensuring compliance with all health and safety regulations for clients, staff and volunteers.
Related parties
None of the trustees receive remuneration or other benefit in their capacity as trustees of the charity. Any connection between a trustee of the charity and organisations providing services to the charity must be disclosed to the full board of trustees in the same way as any contractual relationship with a related party. In the current year no such related party transactions were reported.
Pay policy for senior staff
The directors consider that the board of directors, Charity's trustees, and senior management team comprise the key management personnel of the charity in charge of directing, controlling, running and operating the charity on a day to day basis.
Purpose and objectives
The charity's objects and its principal activities are the provision of educational, social and welfare services for the benefit of the Turkish and Kurdish speaking community living in the United Kingdom.
Financial review
Total income for the year amounted to £188,562 with total expenditure amounting to £223,134 leaving a defecit in the year of £- 34,572.
Accumulated reserves at the balance sheet date amounted to £19,718, of which £19,718 represent income reserves.
Reserves policy and going concern
The Trustees have undertaken a review of the charity's requirements for reserves in light of the main risks to the organisation, and consider the results for the year 2024/25 to have been satisfactory. Reserves at the balance sheet date are £19,717, of which all are unrestricted. Funding for next 12 months is anticipated to be in line with 2024/25 and this together with reserves held will be sufficient to ensure the charity continues it's activities at current levels.
Page 2
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Directors' & Trustees' Report for the Year Ended 31 March 2025 (Continued)
Plans for future periods
The Trustees are actively looking to expand the services offered and are looking to increase the number of projects with additional funding.
Trustees responsibilities in relation to the financial statements
The charity trustees (who are also directors of the Company for the purposes of company law) are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
-
select suitable accounting policies and apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgments and estimates that are reasonable and prudent;
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state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements.
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prepare financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Directors and trustees
The trustees who are directors for the purpose of company law who have served during the year and up to the date of this report are set out on page 1.
By order of the board of trustees
………………………………………………………………… A Sezgin (A2133714B88834E0... by: Trustee & Company Director 17 December 2025
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Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF DAY-MER
I report to the Trustees on my examination of the accounts of DAY-MER (the charity), charity number 1034621, for the year ended 31 March 2025, which are set out on pages 5 to 12.
Respective responsibilities of trustees and examiner
The charity's Trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ('the Act').
The charity's Trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act
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to follow the applicable directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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to follow the applicable directions given by the Charity Commission (under section 145(5)(b) of the Act, and
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to state whether particular matters have come to my attention
Basis of independent examiner's statement
My examination was carried out in accordance with 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 these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 below.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians which is one of the listed bodies.
In connection with my examination, no material matters have come to my attention which gives me cause to believe, that in any material respect:
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the accounting records were not kept in accordance with section 130 of the Charities Act 2011
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the accounts did not accord with the accounting records: or
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the accounts did not comply with the applicable requirements concerning the form and contents of accounts set in the Charities (Accounts and Reports) Regulations 2008 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.
I have no concerns and have come across no other matter 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.
Christos Liondaris Liondaris & Co Certified Accountants
Coach House Bellevue Road Friern Barnet N11 3NY
17 December 2025
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Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Statement of financial activities for the year ended 31 March 2025
----- Start of picture text -----
Unrestricted/
Restricted Designated Total Total
Notes Funds Funds 2024/25 2023/24
£ £ £ £
Income:
Donations and grants 3 120,551 - 120,551 181,757
Income from other charitable activities
Fundraising & other income 4 - 68,011 68,011 98,315
Total income 120,551 68,011 188,562 280,072
Expenditure
Expenditure on charitable activities:
Direct Charitable expenditure 5 114,120 106,160 220,280 283,055
- - - -
Fundraising costs
Management and administration 6 2,854 - 2,854 3,473
Total expenditure 116,974 106,160 223,134 286,528
Net income/(expenditure) and net movements
in funds before gains and losses on investments
7 3,577 (38,149) (34,572) (6,456)
Inter-fund transfer - - - -
Total funds brought forward 5,789 48,502 54,290 60,746
Total funds carried forward 9,366 10,353 19,718 54,290
----- End of picture text -----
The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.
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Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER (Private Company Limited by Guarantee) BALANCE SHEET AS AT 31 MARCH 2025
| Notes | 2024/25 | 2023/24 | |||
|---|---|---|---|---|---|
| Fixed Assets Tangible fixed assets |
13 | £ | £ - |
£ | £ 1,119 |
| Total fixed assets Current Assets Debtors Cash at bank and in hand |
13 | 10,797 22,612 |
- | 23,439 35,767 |
1,119 |
| Total current assets Creditors: amounts falling due within one year |
14 | 33,409 (13,692) |
59,206 (6,034) |
||
| Net current assets | 19,717 | 53,172 | |||
| NET ASSETS | 19,717 | 54,291 | |||
| The funds of the Charity: Unrestricted & Restricted income funds: |
16 | 19,717 | 54,291 | ||
| TOTAL CHARITY FUNDS | 19,717 | 54,291 |
The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.
Approved by the trustees/directors on 17 December 2025 and signed on its behalf
………………………………………………………………… A Sezgin Trustee & Company Director
Page 6
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025
Accounting policies
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of financial statements are as follows
Basis of Preparation
The Financial statements have been prepared in accordance with Accounting and Reporting of charities : SORP applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective date 1 January 2015) - Charities SORP (FRS 102), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Day-Mer Ltd meets the definition of Charity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy (notes).
Incoming resources
Income (including income from government and other grants) is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Interest and investment income receivable
Interest on funds held on deposit and income from investments held is included when receivable and the amount can be measured reliable by the charity.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Restricted funds are donations or grants which the donor has specified are to be solely used for a particular purpose or area of the Trust's work or projects being undertaken by the Trust.
Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following headings:
-
-cost of raising funds comprise the cost of commercial trading
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expenditure on charitable activities includes the cost of operating the community centre and outreach services
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management and administration includes support costs for those functions that assist the work of the charity
Irrecoverable VAT is charged as a cost against the activity for which the expenditure has been incurred.
Taxation
As a grant aided charity with charitable status the charity's activities do not create a charge to corporation tax.
Operating leases
Rentals paid under operating leases are charged to income on a straight line basis over the lease term.
Tangible fixed assets
Tangible fixed assets for use by the charity are stated at cost less depreciation.
Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
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office equipment - 25% straight line basis
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property improvements - 25% straight line basis
Page 7
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of less than three months from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.
Financial instruments
The trust has only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. The charity does not acquire put options, derivatives or other complex financial instruments and does not therefore face any financial risk.
Pensions
The Trust operates a defined contribution pension scheme.
Page 8
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee)
Notes to the financial statements for the year ended 31 March 2025
1 Legal status of the Trust
The Trust is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
| 2 Financial performance of the charity Income Expenditure on charitable activities Expenditure on fundraising Expenditure on management and administration Net income Total funds brought forward Total funds carried forward Represented by: Restricted funds - grant reserve Unrestricted funds - designated Unrestricted funds - general 3 Income from Donations, Grants & Income Generation Grants received in year Jack Petchey Foundation L B Hackney - VCS Advice Grant L B Hackney - VSC Hackney Public Health Community Champion Programme Network Grant LB Hackney - LB Hackney CYH - Universal Youth Services HCVS (Hackney Council for Voluntary Service - Hackney Giving Cost of Living Grant Hackney Giving and London Borough of Hackney Cost of Living Grants City Bridge Trust - Bridging Divides City Bridge Trust - Propel Grants Lloyds Bank Foundation London Legal Support Trust Compass Wellbeing Mind in the City - CHWF City & Hackney Population Health Hub – Health Inequalities Mental Health Funding Covid-19 Funding & Support Charities Aid Foundation - Resilience Fund Add:Grants deferred b/fwd City Bridge Trust - Bridging Divides L B Hackney - VCS Advice Grant Lloyds Bank Foundation Postcode Society Trust Carried forward to next page |
2024/25 £ 188,562 220,280 - 2,854 223,134 (34,572) 54,290 19,718 - - 10,353 10,353 2,700 30,000 2,000 19,297 3,650 - 21,036 - - 10,000 20,291 - 11,577 - 120,551 - - - - 120,551 |
2023/24 £ 280,072 283,055 - 3,473 286,528 (6,456) 60,746 54,290 - 1,119 41,145 42,264 5,200 30,000 1,470 - - 5,000 51,087 50,000 12,500 10,000 - 10,211 5,789 500 181,757 - - - - 181,757 |
|---|---|---|
Page 9
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2025
----- Start of picture text -----
2024/25 2023/24
£ £
3 Income from Donations, Grants & Income Generation (continued)
From previous page 120,551 181,757
Less: Deferred Grants in Year
- -
120,551 181,757
4 Income from other charitable activities
Donations and fundraising 68,011 88,940
Turkey Earthquake Support Fund - 9,375
68,011 98,315
5 Analysis of expenditure on charitable activities
Staff costs 122,267 146,395
Other running costs 98,013 136,660
220,280 283,055
6 Analysis of governance and support cost
Accountancy 2,670 2,940
Other legal & professional - -
Other 184 533
2,854 3,473
7 Net income /(expenditure) for the year
This is stated after charging:
Depreciation -owned assets 1,119 2,293
Reporting accountants remuneration 1,200 1,200
Reporting accountants remuneration for other services 1,470 1,740
8 Analyses of staff costs, trustee remuneration and expenses, and the cost of key management
personnel As restated
Wages and salaries 100,379 100,746
Pension costs 2,234 2,132
Employers national insurance 3,898 3,032
106,511 105,910
The average number of staff employed during the year
were as follows:
Direct charitable 4 8
4 8
The number of employees whose emoluments as defined for taxation purposes amounted to over
£60,000 in the year were as follows: - -
----- End of picture text -----
9 Trustees' remuneration
The trustees were not paid or received any other benefits from the Charity during the year in their capacity as trustees.
10 Related party transactions
There were no related party transactions to be disclosed during the year under review.
11 Government Grants
Income from grants comprises of grant funding made available by funding authorities and private entities to fund specific projects undertaken by the Charity. See note 4 for more information and to the amount and sources of these grants.
12 Corporation Tax
The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
Page 10
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2025
----- Start of picture text -----
Property Office Equipment
Improvements Total
13 Tangible fixed assets £ £ £
Cost:
At 1 April 2024 80,697 9,172 89,869
Additions - - -
Disposals / write offs - - -
At 31 March 2025 80,697 9,172 89,869
Depreciation
At 1 April 2024 80,697 8,053 88,750
Charge in year - 1,119 1,119
Disposals / write offs - - -
At 31 March 2025 80,697 9,172 89,869
Net book value
At 31 March 2025 - - -
At 31 March 2024 - 1,119 1,119
14 Debtors: Due within one year 2024/25 2023/24
Accrued income 2,000 23,439
Prepayments 8,797 -
10,797 23,439
15 Creditors 2024/25 2023/24
Amounts falling due within one year:
Deferred income - -
Other taxation & social security 1,976 2,588
Other creditors & accruals 11,716 3,446
13,692 6,034
16 Analysis of charitable funds 2024/25
As at 1st As at 31st
April 2024 Income Expenditure Transfers March 2025
Restricted reserves:
Projects:
Jack Petchey Foundation - 2,700 (2,700) - -
City & Hackney Population Health Hub 5,789 11,577 (17,366) - -
L B Hackney - VCS Advice Grant - 30,000 (30,000) - -
City Bridge Trust - 21,036 (21,036) - -
Compass Wellbeing - 20,291 (20,291) - -
HCVS (Hackney Council for Voluntary Service) - 3,650 (3,650) - -
LB Hackney - LB Hackney CYH - UYS - 19,297 (19,297) - -
London Legal Support Trust - 10,000 (10,000) - -
Volunteer Centre Grant - 2,000 (2,000) - -
5,789 120,551 (126,340) - -
Unrestricted Reserves
Designated Funds - Functional Fixed
Assets 1,119 - (1,119) - -
General reserves 47,383 68,011 (95,677) - 19,717
54,291 188,562 (223,136) - 19,717
----- End of picture text -----
Page 11
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Notes to the financial statements for the year ended 31 March 2025
----- Start of picture text -----
2023/24
As at 1st April 23 As at 31st
Income Expenditure Transfer March 24
Restricted reserves:
Jack Petchey Foundation - 5,200 (5,200) - -
City & Hackney Population Health Hub - 5,789 - 5,789
Charities Aid Foundation - Resilience Fund - 500 (500) - -
L B Hackney - VCS Advice Grant - 30,000 (30,000) - -
City Bridge Trust - 101,087 (101,087) - -
Lloyds Bank Foundation - 12,500 (12,500) - -
London Legal Support Trust - 10,000 (10,000) - -
Mind in the City - CHWF - 10,211 (10,211) - -
Hackney CVS - Earthquake Response Fund - 5,000 (5,000) - -
L B Hackney - Small Grants - 1,470 (1,470) - -
- 181,757 (175,968) - 5,789
Unrestricted funds: As restated
Designated Funds - Functional Fixed Assets 3,412 - - (2,293) 1,119
Turkey Earthquake Support Fund 34,419 9,375 (43,794) - -
General reserves 22,915 88,940 (66,765) 2,293 47,383
60,746 280,072 (286,527) - 54,291
17 Analysis between fund balances 31 March 2025
Restricted Unrestricted Total
£ £ £
- - -
Tangible fixed assets
Cash at bank and in hand - 22,612 22,612
-
Other net current assets/ (liabilities) (2,895) (2,895)
- 19,717 19,717
31 March 2024
Restricted Unrestricted Total
£ £ £
Tangible fixed assets - 1,119 1,119
Cash at bank and in hand - 35,767 35,767
Other net current assets/ (liabilities) - 17,405 17,405
- 54,291 54,291
18 Other financial commitments
Land and Land and Other Other
buildings buildings
2025 2024 2025 2024
Falling due within 2 to 5 years 10,000 10,000 - -
----- End of picture text -----
Page 12
Docusign Envelope ID: CF0ADF45-88D1-4F15-B005-51316ABC23F0
DAY-MER
(Private Company Limited by Guarantee) Detailed income and expenditure account for the year ended 31 March 2025
----- Start of picture text -----
2024/25 2023/24
£ £
Grants receivable 120,551 181,757
Fundraising & donations 68,011 98,315
188,562 280,072
Direct charitable expenditure:
Staff costs 104,277 103,778
Staff pensions 2,234 2,132
Sessional wages 15,756 40,485
-
Staff & beneficiary training & welfare 1,225
Rent, rates and services 20,211 12,732
Insurance 1,716 1,519
Project costs - general 14,595 18,256
-
Project costs - Hackney Giving 2,998
Cultural Events 51,941 51,367
Repairs & maintenance 692 692
Printing, postage & stationery 2,255 1,147
Telephone 1,750 1,961
-
Earthquake Support 43,752
Memberships and subscriptions 492 716
Travel & subsistence 170 -
Sundry expenses 74 1,000
Depreciation 1,119 2,293
220,280 283,055
Management & administration:
Accountancy 2,670 2,940
Bank charges 184 533
2,854 3,473
NET INCOMINGS/(OUTGOINGS) IN YEAR (34,572) (6,456)
----- End of picture text -----
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