Harpenden Mencap Report and Financial Statements for the year ended 31 March 2025 cap Harpenden A Company limited by Guarantee Company Number (England & Wales): 02903642 Charity Registration Number: 1035252 Harpenden Mencap AnnLtal Report alldAccountsfr)rthe yearended 31 March 20 Harpenden Contents OFficers and Ad¥i58r5.' IntrDductlon from the Chalrrnan and CEO....................................................................................................................._.......................... TNstÈes Rèport Ilncluding Dirertorg Reportl........ Govemance, Strvcrure and Mènagement............................................................................ . . 0￿eLl1Ve$ andACtl￿tle5...................................................................................................................................................................... R&k....................................................-.........-...............................,...,....................................,.................................,.............................. Approachto Fundf3Lsln8.................................-.......-..........................................,......-.......................................................................... P18ns forthe Future...... Flnanclal Revlew....-........... Staff... Related partEe5........................-.....-..,...................... Subsequent event..................................................-..........-..................... .... Golng C1)n￿rfi.............................................................................,..........................................................,.............................................. Statementof Trustee's responslbllltles........................................................................... DlsclosuTe of informatton to 3udltors.......... ..........-.................-........................................... Appolnknent of Audltuts..................................................................................................................................................................... Reportofthe IndependentAudltorfs to the Members of Harpenden Mencap.... Statement of Financiol Attivtties...........-............................................-................-.........-............. 12 Ilndudlng Income and Expenditure Accountl........................ 12 Balance Sheet................................ ..... 13 Statement oftash Flows.........................................................._........... .14 Notes to the Flnanelal Statements......... L5 Harpenden Mencap Annual Report and AccDunts forthe yearended 31 March 20 Harpenden Officers and Advisers: Registered Office and operatTortul address Stèlrwa 19 Dou8las Road a¥penden 2EN Compony Number lÉnzland and Walesl.. 02903642 Charlty Number.. 103S252 TNstees. Directors & Members of Executivè: PeterTaylor (Choirl CaTollne RO￿er-SMIth IVKe Cftulrl GaryCasebeTry Julle Ca5eberry NKk Lathim IResl8ned 2P Mèrch 20151 Annernarl Merflalnen-QMtrtdge IReslgned 26th March 20￿> John Walla￿ IReslKnpd 2- Deotnber 20251 Chlef Executive Offlcer. A•8ek Du¢e rvicè Mgngger& Lelgh Benford Clalrewllson Bonker& frlodos Bank UK Ltd De3nery R03d Br￿t￿l 8515AS Sollcltors: Taylorwakon TW House St*lon Appro8ch Harpende AL5 4SP Independent Audltoi* Mlller& Co Chartered AtcountaDts 5 Imperial Court LapDrte Wav Luton LU4 8FE Patro John Kltchin8 Contatt detolltr. webslte: www.harpendenmeThcap.or8.uk email: office@harpendenmencap.co.uk phone.. 01582 46CQ55 facebook: wwW.hCe￿￿k.[0m/LtscaI￿arPelldenme￿￿dpI Harpenden Mencap Annual Report and Accountstorthe year ended 31 Mar¢h 2025 Harpenden Introduction from the Chairman and CEO The past year ha5 been one of significant growth and reflection for Horpenden Mencop. As we look back on the period ending 315t March 2025, our commitment to providing quality support and housing for people wtth learning disabilities in Harpenden has remained at the heart of everything we do. The closure of Stairways, our organisation's long-standing hub, in Morch 2025 was a difficult, but necessory decision ctfter almost 50 yeors of service, os the building'5 age ond constroints could no longer be overlooked. Transltioning to our seven new homes in Batford. Harpenden. leased from St Albans City and District Council, hos provided the modem, sustoinable accommodation our communtty desperately needed, and it is heortèning to see everyone thriving in this newly established neighbourhood. This opportunity hos enobled us to work with an architect and housing association on a new building, which we believe will offer essential occommodation and ensure our charity's sustainability as we approach our 70th onniversary in 2029. By revitalising StOiTways, we reoffim our commitment to providing inclusive support and o welcoming environment for all in our communty. Thi5 year has biought financiol challenges, including tTan5ition and maintenance costs, multi-site operotions, and limited fijnding. With a new Head of Fundraising and support from donors ond grants, we are optimistic about expanding our capobillties in the coming year. We oppreciate the hard work and dedicotion of our stoff, volunteers, and trustees. Thonks to their dedicotion and professionalism, we have been able to consistently deliver hlgh-quality services and create positive outcomes for everyone we supporL Looking toward the next year, our priorities are to build o stronger financial foundation, improve our seNices. and make sure everyone we serve can access safe. suitable, and affordoble housing. We appreciate your ongoing SUPPOrt and look forward to what lie5 oheod. PelerToylof Cholr of TNst•os Angela Duce Chief Executive Officer Harpenden Mencap Annual Report and Accouftts forthe ye•rended 31 March 2025 Harpenden Trustees Report (Including Directors, Report) The Trustees. DSrertors & Members of Executive present thelr onnual report ond financial statementsfor theyear ended 31 Morch 2025. The ffnancial statement5 hove been prepured in occordance wrf£h the accounting policies set out in note I to the firKnciul stotements ond complywith the Chority's governing docurnenL th* Chorities Art 2011 ond ILAc¢ounting and Reporting by Char¢(ies'. Stotement of Recommended Proctice opplicable to choritles preparing their occounts in occordonce with the Finonciol Reporting stondord opplicoble in the UK and Republic of Ireland IFRS 1021. leffeclThie l Jomory 20191. Governance, Structure and Management Govemon rhe Chorfty w05 fouTrded In 1959. The Chority Ls a compony limited by guarontee ond incorporated on 2 March 1994. We are atso o registered chjrlty. The company wos established under o Memorcsndum of As50Cirtion and Artides, last reviewed in 2012. The Memorondum estobtishes the powers ond objectives OF the charitable company and is governed by the Articles. In the event that the compony is wound up the members are requiied to contribute maximum of £l.They do not shore in ony assets if the￿ is o surplus. Ha¥pe￿Ien MeRCOP is an independent ch(srity ¢5ndwe rely on oUr￿n reso¢Jrces. Weare affillatsd to Royol Mencop receive no financial support from theni. Structure Thecharity has Executive Committee (Board) which can haveup to 12 rnembers.TheCommittee meets monthly und is responsible for the strategy ond direction of the charity. The members of the Executlve Cofflmittee ore Directors of the Company and Trustees of the ChorffLy. The Executive Committee hos overoll control of the charity. It is responsible for the day-trtrday activities of the charity, although this may be delegoted. In addition to the strotegic input. Commtttee members support compoigning, publiclty ond other uelNities. All membets of the commliees give their time voluntorily and generolly r£reive no benefits from the charity other thon the StKldentol benellts of bein9 cbser to the core being offered to some of t￿11 family members. Trustee appointrnents ore confimied by the member5 t]t the Annual General Meeting, includir¥4 ony Twstees coopted since the previous AGM. PotetTrliul trustees are invited to ottend Executwe Committee meetings or working porty groups before being oppoinled. On oppointment thé￿ is on induction prO￿sS including o pock with background informotion ond guidelines on dutie5 and responsibilr(ies, covering both gèneral Chority Commission guidon￿ ond items specrfic to the Charity. Currently there is no fixed term or rotation of Tmst*e& Member5 of the Executive Cornmittee hove specific aTeas of experti4e andsknll set reviews are undertoken to identify strength5 and Weakne￿e5 a5 differènt tircumstunce5 orlse. Monagemenl oiricer ICEOI and Senlor Management team. The CEO ottends ond presents ot the ExecutNe CommittèQ m￿IngS. The CEO (Tiso lioises regularly with Chair. Trewrer ord other members of the ExecutNe Committee. Objectives and Activities ObjKtives The charity's objective5 set out in the Company's Memorandurn ofAssockstlon ore.. The relief of people wf(h a leaming d￿abilIty in particular by the prowsion of help and support for them und their families. dependents ond crjrers. and to prevent leaming disobilit5es for the public benefiL' To provlde or assist in the provision of focilities for the recreation or leisurè tlmè occupotlon for people who have need thereof by reason of lèoming diffieulty wrth the oblertEve of ImpTovlng theIrc¢nditio￿ of life. Artivptses Durfng the yeor. Horpenden Mencop ran both Rèsidéntial ond Community Support Sernnce5 (Supported LNingl from two sites wistered with two separote registrations w￿h the Core Quality Commlssion. We prowded residential core to ten people ot stoitV4ays and provided support to eight tenonts in Supported Harpenden Mencap cap Annu31 Report and Accrjunts forthe year ended 31 March 2025 Llving flatsatStairways.A furthèr eleventenantslived (rt Pine CourL From Moy2024,webegonthèproces5 of closing down Stairways ond two pwple moved from StotlVnyS to C17Stl¢ Mew5 in St Albans. Between Harpenden Jonuory ond Morch 2025, we completed the moves of oll residents and tenunts from st0irw0￿ to new homes in Batford, Southdown and four people moved to new providers. By the year end, we prowded support to 11 people in Pine Court. 16 people in Batford in Cc5Stle Mews ond four people in the Commvntty. The lastyear ond looking oheod Horpenden Mencop hos a strong legacy thot is chc*mcterised by collaboration. ombition. respo￿1venesS and emptswerment. value5 that underpin evtyhing that we do. Harpenden MeTrcop has oknioys SOLsght to go'obove and beyond, forthe people we support, ensuring that everyone rece¢vesthe CO￿ ond support they need to Iwe a full ond uctive liFe as citizens ofthe locul community. Overtheyear, HarpeDden Mencopworked cioselywith Hertford5hire County Councll andst Albans Cityand Dlstrict Council to monage the moves from Stoirwoys Into more opproprfoie, modern accommodotion in the community. Th￿ has been extremely positive for both our tenonts our staff. During the yeor ahead. we orè looking forward tD opening our new Staff Pod in 8atford to provide clvser on-site supwrt to the tenonts whiL8t 0Slowing increosing independence. Ou¥ sociol oclivtties ond community engogernent began to grow significontly during the end of the yeor, providing additionol support to odults with leorning disobilitie5 from the areo. 3ritonnio Club and the Ailottnent Club hove grown significontly with on octive group of users ond an increasing number of volunteers. Achlevements and Performonce Although our fundroi5ing remained much reduced throughout the majorf£y of the yeorwe suc￿$SFullY retruitèd o Heod of Fundroi5ing who started in January 2025 providing our mu¢h needed investment in this areo. A Fundraising Group hos been established recruiting odditionol volunteers and we are already seeing growth in our voluntary income os u result. We were ertremely fortunate to receive a mtsjor gift in March 2025 of £23Dk to ￿PpOrt the fij￿re reprovlsion of Stalrwoy$ 0$ well os an £85k grttnt from HertfOrds￿re County Council towords the costs of building our Staff Pod in BatFord. Addltionol funding through gronts und twsts ore expected in year IFheod. During theyearwe continued to Improve our setvices and our efficiency by. Closing Stairwuy5 Cnd enabling tenants to move into 10 different properties inthe t)rett', Continuing the roll out our'Going Dlgitol, strotegy redesMJning our rostering and torè records to meet the needs of the new services,. Completin9 the mNJrotion of cxjr servers to the'CIoLtd' to provide rnoTe resillencè, Completing the outsourcing of our Poyroll to the Clntra Plotform providing a robust attess to poyroll datu,. Outsourcing book-keeping und ch(tnging our occounting software,, Mokirlg environmentol irnprovements to Pine Court; Supportlllg people to go on holidoy and to access other50cioI octivitie5. Risk The Executive Committee has condurted o review of the major risks to wh¢ch the charity is exposed. A dynamic ri%k ￿gister is in ploce and ￿ regularly updoted. Where oppropriote, systems and procedures have been established to mitigatethe risks the chority faces. Significant extefnol riskstostotuiory funding h¢Jve led tothe developmentof a strategic plon which will ollow forthe diversir￿ut1on of funding opportunltles and artfvilies. The chorlty remoirys committed to providing high quolity core and support, continuing to pay front Une staff ¢Jbove the Notionol Minimum wage ¢JrLd offeEing terms and coitditions thot are ottrocbve to ensure retent￿n of key stoff. With the Move away from the stairw0￿¥ buildlng, the rfsk of carrying long term void5 due to in(Hlequate occommodot5on is mltlguted. However, Horpenden Mencap remoins commltted to Increaslng the level of offordable, sustalnoble houslng for aduks with learning th'sobilities in the Horpenden oreo. Harpenden Mencap Annual Report and AccountsfL¥rthe yearended 31 March 2015 Approach to Fundraising Wiihout o dedicoted fundraiser for most of the year. we have not been able to Fund many activities beyond whot is funded from the locol outhority. This hos been addr￿sed with Ihe appointment of OUT Hèod of Fundroising Tn Jonuory ond the year aheod will see the development of our ￿ndraisIng stèérlng group to address this shortfoll. Harpenden With the closure of Stoirwoys ond the move of the people we SUp￿rt to new accommodat￿n in the local oiea, we ore setting the groundworkto èxpand orKI develop ourseTViTrS overthE years aheod. To delwer these plolls, we ore reliont on additional income generated through fundroising ond hove been fortunote to receive a generous donation at the end of the year to help kick stort our efforts. However, we are reliont on donations secured thr(wgh proactNe fijndraising lo fill the gap between Loct)I govemment funding and the cost of living, ensuring that the people who useour servlcescon achleve their ospirations, We ho￿ revlewed our htstorlc fundralslng perfornwjnce, underttood our Stren￿h5 and weaknesses, opportun(Ues and threots, benchrnorf(ed our perfomionce ogainsi 5imilor orgonisotions and reviewed O￿T current fundroising offér. ond the cose for support and resources. With thi5 in mind, WÈ oim to lounch our Platinum Plon and fvrKlroising strotegy lo aehieve o signifKont increose in ourvoluntary incotne Dver the next fiveyeor5to supportour 70 years operating In the local areo. Plans for the Future Ourfour m(xin ambitions will contlnue goin9 forword: to dev@lop the mnge ond quality of ourservi¢esthiough coEloboration with the peoplewesupport, theirfamilies ond the community., to provide modern. sustoiwble. and innovotive housing solutions to enoble every local petson with a leoming dlsobility to recewe the wpport of Harpenden Mencop rftheywish,. promote knowledge ond chonge in the Ictol community through effectwe morketing, lobbying and ￿lUCatIOn-, develop and strengthenthe support network we hove with st5PPOrtets. donots. familie5 ond the community. Financial Review ReseNes Pollcy It is the policy of tho Choiity that unrestricted funds which httve not been designoted for a specifK use should be mointained at a level equivolent to between th￿e andsix month's expenditure.The Trustee4 Directors & Members of ExecutNe consider that reserves ut thi% level will ensure thot, in the evenl of o significant drop in funding, they will be oble to continue the Choritys cutTent octivltles while consideration is gwen to ways in which additionol funds moy b& roised. Th5$ level of reserves hos been mointotned LhroughoLFt the yeor. The Exècutlve Committee hove assessed thai the free reserve requiremeni is £500k to cover working capitol reqUire￿ents ond potential fluctuotior15 in eomed and donoted income ond h(wing regard to prevoiling conditions. Gryen the uncertainty relating to future ecowmic conditions ond potentiol higher cost infl(31ion thon has been the case in recent tSmtt. we need to mointoin our feseNes at the hlghest level to cover potèntiol net outflows in the forésè8Dblo knurè, The overoll rese￿e5 at 31 Morch 2025 were £2,940,484 of which £337.650 wos restrScted. The unrestricted res@N4 including designated funds omounted to £2￿02.834. rooo fixed ossets, lessthe assodated property mortg)Ke free reseNes 2,404 199 There is a deficiton free reserves of £301k12024.- defiot £157kl compared to the ossessed requirement of our reserves policy. Th￿ is due to using reserve5 this yeor to support the Choritles operations. The Charity wlll seek to replenish theses resérves in future yeors. Income In the yeor under review sh¢wed an increose of £427k to £2A90 mllllon12024: £2.463 rnillionl. ThÈs wos due to a number of factors including rweiving a larger amount of donation512025: £33Dk, 2024.. £32kl thon the PTevious yeor. Fundmising income remdined ￿0$OnablY stotic ut £13k12024- £llkl. FUndra￿Eng continued to be a struggle artd our Income was &9nificantly below prxovid ochievements. Income Expeftditure Totol expendthre yncreosed by £192k to £2.691 miliion12024.. E2.499 milbonl. The iorgesi increase wos In ￿Pect of ogency stofflng costs, which occounted for £67k of the Increase. The odditional 5tofflng Harpenden Mencap Annual Report and Accountsftsrthe yearended 31 March 2Q25 requirements whikt manoging the moves to the new Serv1￿ and operotlng with voids, unfortunatdy, required Ihe use of higher levels of agency stoff. Harpenden Fundrgising costs remained reo50n0bty Stable ot £IOk12024.. £6k). Netsurplus und cosh OveraLL there wos o profit in theyear of E189k12024.. Ioss £43kl. bolonce The charitoble octivities. being the core busines5 providing residentiol seTvice5 and CommunitySupporL retumed a deficit of £87k12024: E94kl. FundTaising oLso returned o net deflcit of £3k12024.. £5k). The cosh babnce as at 31 Marth 2025 was £773k12024.. £500kl. Staff The TfU5tees would like to thenk oll members of the sioff, whetherfront Ilne or supporL os well os the senior rnamgement teom, for on incredible contrlbution orKi SUPPDrt throughout theyear. Related parties Therewere no ￿lated pDty tronsactions in thTrsyeor. Subsequent event Ouring theyear, the charity undertookto relocate the resldents from the 5toirwoys slte, whlch Is no longÈT fit for purpose, into new homes. leased from St Albons City ond District Council. The Trustees ore in process of evaluating the options avoilabiefor the site Ip make be51 use of the charity's osset5 and resrAJrces for the benefft of those we supporL Going concern Thè fNsteps h¢Jve a duty to ensure that w￿n presenting this report thot the choritywill be in o position to continue its octwities and meet its liobililies for ot le(Est the next 12 month5. The Executive Committee frequently conferwith the CEO and Monogernenttearn on current events and future projections and the impart on the future of the company. An annuol budget is prepored, and rÈgulorforecusi updotes for the currentyeoi ond future periods ore Teviewed by the Executive Commlttee. Ourcurrent projecuons show that the charity is expèrted to be able to meet Its Ilobllitses as they foll due forthe foteseeable fuiure. After careful corsklerotion of these fuctor8 the trustees hove concluded thot the going concern bosls of preptsratlon Is oppropriote. Statement of Trustee's responsibilities The Executive Committee Members as Directors and Tnjstees are responsible for preparing the Annuol Report ar*d the Accounts in aCCordar￿e with opplicoble low ond United Kingdom Accounting Standards (United Kingdom Generolly At￿pted Accounting ProctKel. Company law opplicoble to choritie5 EH England & Wales requlres the Trustees to prepare accounts for each fmonciol year which give a true ond fair view of the 5tute of affairs of the charity and of the incoming resources and opplicotion of re%￿rCeS of the chorlty for thot period including expenses of the choritoble company for thot period. Ln Preparing these occounts.the Trustee is required to.. lect suitable occounting polKies and then opply thern conststently observe the methods and princlples In the Chorttses SORP 2019 IFR51021 make judgments gnd occounting estimotes Ihol ore reosonoble and prudent stote whetherapplicoble UK accounting stondords hove been fDllowed.subject to any moterlol deportu￿5 disclosed ond exploined in the accounts prepore the accounts orb the goirtg concern bosis unless it 15 iwppropriote to P￿$[¢Me thot the charity will continue in operatton. The Executlve CommKtse Members ore responslble for keeping proper accountlng records which dlsclose with ￿¢SOnOble accuracy at onytime thefinancial position of the charity ond enoblethemto ensurethatthe accounts complywith the Componies Act 2006. They ore OL80 responsible for 50feguarding the assets of the C￿rItY and hence foT toklng reosonoble steps for the prevention ond detection of froud and other irregularitie& The Execuliwe Commlttee confirm thot they hove complied WTth the duty in Sectwjn 4 of the Charities Act 2011 to hove regord to the guidance published by the Charity Commission. including publSc benefit guldonce. Harpenden Mencap Annual Report and Accounts forthe year ended 31 March 2025 Disclosure of information to auditors The trustees confirm that so for os they are oware.. there is no relevont audit inforrnation105 defined by section 418131 of the Componies Act 20061 of which the choritable company's auditors ore unoware., and they have taken oll the steps thot they ought to have token as trustees in order to make themselves owore of ury relevant oudri information and to establish thct the charitoble compunvs ouditOTS are oware of that information Appointrnent of Auditors A resolution proposing that Miller& Co of Luton ond Horpenden ore r*oppointed will be put to the Annual General Meeting. Harpenden This report has been prÈpDred in accordance with the Stotement of Recommended Practice- Accountlng ond Reporting byChoTlties ond in DccDrdance with the special provisions of Port 15 C>f the Companies Act 2006 relating to small entities. This report was opproved bythe Trustees. Signed on their beholf on 29, January 2026 by: PeterTaylor Chalr of Executive Comm5ttee Gary Coseberry Member of the Executive Committee & Trustee & Trustee Harpenden Mencap Annual Report and Accotsntsforthe yearended 31 March 20 Harpenden Report of the Independent Auditor's to the Members of Harpenden Mencap Opinion WÈ hav2 iudited the flnancial statement5 of Harpenden Mencap Ithe'charitable compan￿} for the ye3r ended 31 March 2025 whlch compfise the StatemÈnt of Rnanc131 Actfvitles. Balance Sheet, Statement of Cashfiows and Notes to the Financ121 Stttements, iicludln8 s￿nifIcant accountlng polldes. The financial repgrtlng framework that has been applled In their preparation ls appllcable and Unlted Klngdom Accountlng Stsndarts, Indudlng Flnanrlol Reportlngstsndard 102 The FlnonclolReportlngStondsrduppllcoble In the UKJn& Republicof Irelond Iunited Kingdom GetteralW Atceptsd Accounting PTrcticel. ITr ouropinion the fftnandal st3trTheftts'. 8lYe a true and fair view irf the state of the Char￿able companls affalrs as at 31 March 2025, and of tts In￿mIttg and applScatlon of re50uros, includlng hs Income and eKpendlture, for the year then ended. have been properly prepared in a￿Ord￿n￿ with Unrted Klfigdom Generally AC￿pted Accountlng Prattico,. and have been wepared in accordancewith the requirements oFthe Comp8niesAtt 2006. Basis for opinion We conducted our audit in att0rdar1￿ wlth Internat￿Tha[ Standards on Auditing IUKI IISAS IUKII and appllc2ble12w. Our responsibilities under those standards are furthpr dpscrlbed In the audltpr responslbllltles for the audlt of the finanrial statemÈnts SÈttlon of our rpport. We are Independent of the charitabk rA)mpally In accordafi￿ with the ethical requirements that are relevant to ouraudlt of the flnancial statements In the UK. Indudlng the FRCS EthicJl Standard, and we have fulfilled ourother ethlcal re5P0fi5ibilitle5 In accordance w￿h these requirements. We belleve that the 3udlt ￿Idence we have obtained Is suffiuent and appropmate to provide a ￿$1sfOr0ur oplnion. Conclusions relating to going concern In aud￿n8 the flnanclal 5tstements, we havè concluded that the trustBe5' U52 Of the EolnB concern bèsls of accountln8 In the preparnyon ofthe fin3nclal statements Is appropriate. Based on the work we have perfom)ed, we have not identlfted any material uneertaintie5 rela￿￿8 to events or ctsndlNon5 that, 1ndDridual￿ or colleclSvelyi rnay ost significant doubt on the charftable rornpanrfs ablllty to contlnue as a golng concern for a perlod of at le8SttweJve months frort when thefinanclal statements are authorfsed fortssue. Our ￿pensIbilitieS and the responslbllitles of thetrustees wlth re5pertto gDlng concern are destsfbed Inthe relevEntsectsons of thts report. Other information The other Informatlon wmpr1ses the infomiatknn Included the Trustees, Report, otherthgn the flnanclal statemÈnts and our auditorfs rÈpDrt therèon. The trustees are responsible for the other Informavon. Our oplnlen on the financial 5trdternents does not coverthe other information ané, excepttothe extentotherw15e eypliclttY5tated In ourrepo¢ we dDfjOtexpres53nyform of wurall￿Conc1￿t0n therwll. Ourre5POn51bJ11ty Is to the otherlnforrnation ènd, in doing50, COn51derwhetherthe other Informatlon Ls materially inconslstent wlth the financlal statements orourknowledge obtalned Intbe courseofthe audltor0the￿I$e appears to be materially misstated. If we identrfy such material incon51Stencie5 or appBrent material m￿tatemellts, we are required to determlne whetherthls gfves r55e tu a materlal mlsstatement In the flnanclal statemÈntsthemsehfes. If, based on the workwe have performed, we £ondude that the￿ Is a material mi5Statement of thls other Infomiadot). we are requlred to report thatfact. We have nothing to report in thls regard. Opinions on other matters prescribed by the Companies Act 2006 In our opiftion. basd on the WDrk undertaken in the c¢urse ofthe audbt.. the information 8ivèn the trustees, report whlch Includes the dlrÈttors' report prepared forthÈ purp052s of ¢ompany law. forthe financi81 yearforwhlch thefinanual 5tatementsare prepared ￿ con51stent with the financial ststsments., and thè dlrector< report Included withln thetrtsstees, report has been prepared in accordance appll¢able128al requlrernents. Matters on which we are required to report by exception Inthe li8htof the knowled8e and unde￿￿ndIng of the charitable company and ltsenvlmnment obtalned in the cour5eef the audlt, we have not Ide￿tified material mT55tatements In the director5, report iDclLkded withln the tru5tees' report. We hHvE Tlothlngto ￿POrtIn ¥e5pert ofthe followln@ matteT5 In reiat1on to whlch the Companles Att 2006 wulres l￿t0 report to you Tf, In our oplnlon., 3dequate account¢n8 records have not been kepL orretums adequate lorouraudit have not been wefved from branches not visited by us,. or the financlal statements are not In ag￿ement wtth the accountinw record5 and rEturn5.' or certain dlsdosures of trusteeg remuneratlon Speclfled by law are not made.. or we have not reeeived all the information and explanations we require fdr QEtr oudèt. or thetru5teeswere not entitled to prepère rhefinanclalsYdtÈmonts in attordancewith thesmall ¢ompanIe￿ ￿￿lMe?nd tak8 adwdrtè8e of the small companies, exemptions in preparinÉ the directors. rtporttnd the reqylrementto P￿part a strats8lE report. Responsibilities of trustees explalned tnorÈ fully In the trustee￿ resp0nslbl1lt￿ Statement set out on page 6 the trustÈps Iwhu are 31so the dlrettors of the charftable company for the purposes of company lawl are responsible f¢rtbe preparation of the fvnanclal stst¢ments and foi beins sat15Fled thattheyg￿e Harpenden Mencap Annual Report and Accountsforthe yearended 31 March 2025 true and falr vlew, and for suth internal control £sthe truste85 determlne Ss ne￿Saryt0 enable the p￿para￿on of flnancl81 statements that arefree from materfal mlsstatemenL whetherdue tofraud orerror. In preparfng ihellnandal statement5, the trustees are wponsible for05sessln8the chaNtrble compan15 abilltyto contlnue as a goin8 concern, dlsclosln& as applicable, rekted to golr]g concern and u51ng the 8oln8 concem basls of accountln8 un&$ the trustees either Intend to 1Souldate the charitable company orto cease opetstions, or have no re3listlc altern3tfve but to do so. Auditor responsibilities for the audit of the financial statements Our pblèttfves are to obtsln reasonable assuran￿ about whether the financval statements as a whole are f￿e from materlal m155tatement, whether due to frdud or error. and to1s5u2 an audltorfs report that Includes our¢plnlon. Reasonable assurance is 3 hi8h 5evel Of a55ur3ncA, bui is not3 8u3r3r¢teetk￿tart audltconducted In accordance with ISA5 IUKI wlll alwaysdetect) m*erlal mlsstatementwhen k eKWs. Mis5tstemerts can arisè*rom fraud or error and are considered material if, indlvlduallyorln the aggregate, theycould reasonabty be expected to influence the economlc declsions of users taken OD the basis ofthese fill3nci31 statements. Irregulèrltles, Includln8fraud, are InstaTrcesof nDn-c0rnplian￿wIth law5 and reEulatlons. We desl8n procedures In Ilne with our responsibiif(les. outlined above, to detect material rni￿tements irt re5pert of irregulartties, includlng fraud. 8ecawe of the Inherent Ilmr£atlons of an audit, there ts 8 rlsk tlat we wlll not detect all Irregularttles, Includlng those leadlng tg a maiErlal misstatementlnthefln3noalstatementsorn0n-complian￿w1th regulation. Thls rfsklncreasesthe morethBteomplvancewlth a18worregulatlon Is removed from the events snd transactlens reflected in the flnanclal statements, as we wlll be less Ilkely to become aware of i*￿anceS of non- ompliance. The rl$k15 aLs0 greèter re8arding Irregylarttles occuthn8 due tofraud rother than error. as fraud Invo￿e$ Intentlonal coll￿alment forgery, colluslon, omI￿lOn or mlsfrpre5eTrtatloD. The extsnttowhich our prO￿d￿reS aro capable of detec￿n8 Irre8uladtles, Includlng fraud Is detsiled below.. We Wentifyarnda$5ess the risks otrn3terlal mlsrtatementoftheflnanrialstètements, whetherduetofraud orerror, andthen design and perforr aud￿ procedures respOns￿e to the$e rf5ks, indudlngobtaining8udlt evIden￿that1ssufflCpentand appropriateto provlde a baslsforouroplnion. Identtr￿Th8 and assessing potential r15ks related to IrregularltEes In Identifylng and 155e55ing rfsks of materfal m1sty4tement in Trspect of lrwular￿leS. Including fraud ènd non-comp113nce wY(h laws and regulatlons, we conside￿d thefollowing.. the nature of the Indumry, tuntrol envlronrnentand buslness performance.. the reS￿ts of ouv enqutrie5 of managementabouttheir own ldentlflts￿Qn and assessmÈnts ofthe rt5k5 of Irre8ufarkles,' any matterswe identrfied hwln8obt31ned and ¥eviewed the charftable company's pollcles and Procedur￿ relatlngto.. identifyingi ew31uatlng ènd ¢ompfylng with Ixw5 and regulat￿nS and whether they were awarp of any Instances ef nen- compllaDce', detectlng and re5pondingtothe of fraud and whetherthey have knowledge of anyactual. suspected orallegedfoud; the rnatters dlseussÈd among the audit entagernent team ogarding huw whErg fraud ml8ht Dccur In the financlal ststements and any potentlal Indlcators of fraud. In Commonw￿h all audtts under Is￿ IUKI we are atso requlred to perfomi speclflc procedures to respond to the rfskof management overrlde. We also obtalned an undÈrstanding of the legal and re6ulatory framework thèt the charltable company operates in, fo¢￿Ing on prov15ion5 of those lawsand reguL3tlonsthat had a dlrect Èffettonthe determinatlon of materialamounts and dbc105ures Inthefinanclalstatements, such a5 the Cornp4nle5 Act 2￿6. In addr£lon, weconsklered theprovlsionsof otherlawsand regula￿an$thatdo noth8ve adlrert¢ffettoNtheftfianu31rtatementsbLrt¢ompli4nce wlth whid) ma¥ be fundamental to thecharitable compaay's ablllty to operate orto avold a materlal penalty. Audlt response to rfsk Identified. Our pratedurÈsto respond to r15ks Identffled lrtcluded the followlA8'. Reviewlng the financlal ststemeDt disclosu￿ to èS5ess comgllano w￿h P￿￿$10n$ of televant law5 and regulatlons descrlbed a5 havln8 a dlroct effect on the Iinanclal st*Èments; Performlng anatytlcal procedure5to identifyany unusual or unEKperted relatlonships that mèylndlcate material m￿eMent due to fraud.. In addressi￿8 the rtsk of fraud throuÉh m8na8ement overrfde of eDntrDls, the te5tln8 of the approprtateness of loumal entrfes and other adlusrments and evaluatln8the business ratlonale o*3nyslgnlflcant trarEattlons that are unusual oroutsidethe normal course ol business. Harpenden We also communlcated relevant Identthed laws and re8ulatioDs and potentlal fraud rkqks to all en8aEementteam members and ￿M81fted alert to any Indications offraud or non-compllance wlth and tsgutstictns thtoughout the audit. A furtherde5crlptlon of our responsibillt1È5 i5 avai14ble on the FRC'S webslte at.. rhlsde5Crtptlon forms part of our audktols report. Use of our report Thls report Is made sdely to the ¢haritabletompan¢smembers, as a body, In accordance w￿h Chapter3 of Part 16 of theCDmpanie5Att 2006. Our audyt work ha5 been undertaken so that we ml8ht State to the ch3dtable companvs rnèmbers those matters we a￿ required to 5tste to them in aft a￿lCO￿S report and forno other purpose. To thelullestextent permitted by law. we do nOtat￿ptOras$UmE ￿sPOnsIbl11tytO anyone otherthan the charttable tompany ènd the charltsble companls membeTS èsa bodyj for our audtt work. forthls report, or for the oplnlonswe have formed. Harpenden Mencap Annual Report and Accountsfor the year ended 31 March 20 Harpenden RA Cox ISeniorSt*utory Auditor) Forand on tsehéKof Mlller & Co StatutoryAudltois Chartered Acwuntants 5 Imperfal Court Laporte Way Luton, BedfordshlTe LU4 8FE 21 J Harpenden Mencap Annual Report and Ac(Duntsforthe year ended 31 March 2025 Harpenden Statement of Financial Activities {Including Income and Expenditure Account) Unrestrkted Restrlcted Funds Fundg Totsl Uhrestrlcted Restiictsd Fund5 Funds Total 2025 2025 2024 2024 2024 In¢ome Nots5 ncorne frorn Charftsble Actfvitles 2.531697 2,531697 2A05,9ZO 2A)5,920 Don8tiDn5 #nd le8a¢ies 12,987 13,4 31?,410 330,397 13,422 20,731 11.438 12,152 32,883 11,438 OtherActivities Investment Income Bank Interest 14343 14,343 ,146 13,IA6 Total Income 2,573,449 317.410 1890.859 2,45L235 11152 2.463,3gl t￿er￿￿u￿ Ftsndralsin8 lo.￿0 io,(Kxs 6,364 6.364 Charitable artniltie5 2,654A95 37,352 2,619,847 2A61,713 37,989 2,499,7Q2 TthaIExpeT￿itUre 2,664,495 37,352 1701.847 2,468,077 37,989 2,506.(￿6 Net ¢ncomelleMpendtturel 19L0461 280.05B 189.012 116,8421 125,8371 142,6791 Transfers btheen funds Netmo¥ement In fundstort year li 191,0461 280,058 L89,011 116,8421 125,8371 142,6791 Rtcorttifiation of ILtnd5 Fund to&nces at l Aprll 2024 2,693,880 57.592 2,751A72 1710.722 83,429 2.794.151 Fund ba14nce5 at31 March 1025 2,601834 337,650 2.940.484 2.693,880 57.592 2.751.472 All Income and expendlture derfve from contlnuln8 actwittes. The s￿ement of FinandalActfvltle5 InCIL￿e5 all galns and losses recognlsed in the year. Harpenden Mencap Annual Report and Accounis ft>1 the year ended 31 March 2025 Harpenden Balance Sheet fotsl Total Note5 2025 2024 Flxed assets= Tawlble flxed 355ets Freehold property Total Fixed Assttts 46,417 49,115 15 3,187,330 3.233,747 3,187,330 3.236.445 CurrentA55ets Debtors and prepayments Cash at bank and In hand 16 129,698 72,455 772,533 499,943 902,231 572,398 Credltors Amounts falllng due wlthln one year 18 1414,7961 1217,4691 Net CurrentAs$ets 487A35 354,9249 Total Assèts less lÉabilitie5 3,721,182 3,591,374 Creditors Amounts fallins due after more than one year 19 1780.6981 1839,9021 Netassets excludlng penslon Ilabllity Net Assets 2,940,484 2,751,472 2,940,484 2.751,472 The Charity Fund5 Unrestricted fuTrds zz 2,601834 2,693,880 Restritted fund5 23 337,650 S7,592 Deslgnatsd funds Total Charlty Funds 2,940,484 2,751,472 The Financial 5tatsmeftts whlch have been prep3Ted in accord3nce wtth the 5pÈcial provisions relalingto the small companie5 regime wfthln Part 15 ofthe Companies Act 2W6 were approved and authorlsed for Issue by the Board on- 77 -SabtwAI Si8ned on behalf of the Board of Direttors by,. PFterTaylor Chalr of Executlve Commlrtee & Trustee Gary Caseberry Membor of Executlve Cornmlttee Treasurer & Yru5tee The note5 on pages 15 to 24 form part af these finanual statement5. Company Registration Number 02903642 Harpenden Mencap Annual Report and Accounts forth¢ yearended 31 March 2025 Harpenden Statement of Cash Flows 2025 2024 Notes Coshtlows from operot7ny ortfvltle* Net incomel1ejpw￿iture} foryear 27 333,997 151.5301 Investlng activltleg Purchoseof tangible fixed assets 131,5181 134.6461 Proceeds from disposol of fixed assets 10.858 Inve5tmer¢t income received 14343 13,146 Net cash (ouffiwlrtnfi(trw from Investiry activttles 16,3171 121.5001 Hnandn9 Octlvltles Repoyment of bonk loons 155.6811 133,5541 Net cash used In financing Octl￿tIeS 155,6811 133.5541 Net inrreusèl{decrtafjel in cosh and ca$h equlvolents 271.999 1106,5841 Cash and cash equivalents at beginning of year 499,944 606.528 Cash ond cash 4uFvalents tttend of yeur 771343 499344 Rd*yting t￿. Cosh al bank ond in hond 772,533 499.944 P￿nk overdrofts included in credltors poyable within one 15901 Harpenden Mencap Annual Report ènd Accountsforthe yearended 31 Ma¥ch 2025 Harpenden Notes to the Financial Statements l. Accounting Policies Chafltylnfomiatlon HarpeTrden Mencap a prfvate company Ilmlted by guarantee regitteted In England and Wales. The 3ddress of the re81stered office 15 given In the charfty informatlon on page 2 of these flnanclal statements. lal A¢¢ouAtlngConvtnth The charityconstitutes a public benefftentltyas deflned by FRS 102. ThEfinanci31 ststements have been prepared in 3ccordancewlth Attountlng and Reportlng by Charlues.. Statement of Recommended Practice appllcable to charitles preparln8 thoir accounts in accordance wlth the Flnancial Res)tsrting Standard appllcable In the UK aTrd Republ1£ of I￿1?￿d iswed in October 2019, the Flnancial Reporting Stsndard appli¢èble In the Unlted Kingdoln and Republlcof Ireknnd IF￿ 1021, the Chadttes Act 2011.the CompaniES Art 2006 and UK Generalty Arce￿ed Ac¢ountin8 Pr8ttio. The fifiandal statements are prepared In steFlin& whlth &the funttlonal currenLy ofthe Chadty. Monetaryzmounts in these finall￿aL statements are rounded to thÈ near￿St É. Theflnanthal stat2mpnts have been p￿pared on a golng concern ￿5[5 underthe h15tOrifdl c05t convention. The prlndpal accounting pollcles adopted areset out below. Ibl Goingconcern At the timeof 3pprovin8the finantial stètsments. theTTUStee5, Directors & MembÈrs of Executlve have a roason3ble expertaUonth*the Charlty has adequate resources to contin￿@ In operntional exi5t2nce forthe fore5eeablefuture. Thusthe Trustees, DITector5 & Member5 of Executive condnue to 8dgpt the 8olng concern bo515 of accountln8 Sn preparlng theflnanclal statements. Icl Charltable Funds Unre5tActed fUndsa￿a¥a11ablef0rU5e atthe dlscretlon ofthe TrusteÈs. Olre¢tor5&Member5 of Executlve In fUrtheran￿OftheIrcharitab1e objectives. Des1gnated funds comprlse funds wlich hè¥e been setaslde atthe dls¢retlon of theTrustees, Direttors & Members of Executive for5pecific purp05es. The purposesand uses of the des18nated funds are setout in the note5tothe flnaKlal thtements. REstricted funds are sublert to speclflc condttlons by donors or #rarttor5 a5 to how they rnay be used. The purposes and u5e5 of the restrlcted funds are set out IAthe notes tothe flD3ncial statement> Idl Incfjme Incomels rÈtognised whenthe Charttyis legalty entitledto it after any perfOrrnan￿ cond1tlons have been meLthe amounts can be measured rellablyj and probab￿ that Income will be recelvÈd. Thefolli)wlllg specific purposes gre appliedto partl¢ulor¢ate8odes of Income.. Chargesfor residents are included in thefinanclal 5taterTTrents on the bas￿ ofamounts re￿1vable In the yp3r. DonatTons. Subscfiptltyns, CharKy shop ènd i)ther fundra151n8 Incorne Is accounted for3$ received by the char￿¥. Legacles are Included when the Charlty is advised bythe personal rewe5entstfve of an estate that payment wlll be made 8nd the Invo tan be quantlfiéd. Clothlng and other Iterns donated for resale throu8h the Chafity Shop are Included as Incomlng resources wRhln ?ttfvitles for generating funds whpn they are sold. Investment it)come is Included when receN#ble. The value of serVi￿S provlded byvolurtteers h8$ not bpen Induded In there accounts. Government graftts are rÈttr8ni5ed In thÈ period forwhleh they are recelved. lel Expendittire Expenditure Is recognlsed on an ac¢ruals basls as 51abillty is Incurred. ExpÈnd￿Ure Includes any VATwhich cannot be fully recovered, and ￿ reported as part of the expendlttjre towhlch It relates.. Fundoislng costs comprLse thé cott ￿o￿ated wlth attract]n8voluntsry ineorne. Charitsble expendlture cornpd5es those costs Incurred by the Charity In thè delivery of its activit￿$ and servlw for its benefiCia￿e$. It Includes both coststhat ran be allocatsd dlrertty to such actlvltles and those costs of an indirect nature noressary to support them. 6overn4nce ci)sts include those associated with mee￿ngthe const5tutloThal and statutory rÈqulremeDts of the Charttyand Include the aud￿fee5 and cts5ts linked tothe Sirategic tnanagement ofthe ChaAty. All costs all¢cated between the expenditure ¢ètegortes of the Statement of Fln8ncl31 Actlylties on the bas￿ deslgned to reflertthe use of the resour￿. Costs rÈlatingto a particu13rartfvlty are èllorated dlrettly, otherwhere material, are 8PPOrtl¢n￿ on 3n appropriate bases, comprlslng peroprf£a and ethmatÈd Ltsage. Governance costs InCl￿e those costs o55oclated wlth meetlnKth@ tonsttttstional and st3tLrtory reoulrements of the char￿ and include the?udlt fees and c05t5 Ilnked to the5trat2glc m3n38ement of the Charlty. ASI GOStsa￿ allocated between the expendTtuie cate8orie50fthe5tat2mentof FinanUalAC￿WyEi￿ ort a basis designedto reflettthe use of theresource. osts relatingto a partlcularattivity a￿ allo(3ted directly, other5where materfal, a￿aPportioned on an approprtate bases, compri51ngpercaplta and e5￿Mated usage. Page 115 Harpenden Mencap cap Annual Report and Accounts forthe yearended 31 MaKh 2025 Harpenden lfj Ton8lble NxedAssets Tangible fixed assets are initially measured at cost and subsequentw measu￿d at cost orva]￿￿on, ol depreclatlon and any impalrment ksses. Thèthstsof minor additlons or those costlng below £3CQ are nottapltal&ed, Depreciatlon Is retO8nl$ed so as to wrfte tsff the costorvaluatyon of assets lessthelr resldual v31ues over thelr useful Ilves on the followln8 base$'. Freehold Land Freehold Buiklln8S Furnfture and Equipment- Property Motorvehitl SO ye?rs str&lght Ilne 4years stralght Ilne 4 yearsstraight line Computer Equipment 3 yearss￿lght ttne offi￿ FFE 4 yearsstraight Trne The galn orlos$ar￿ingan the dtsposal of an a55et15 determlned as the drfference be￿een the Sa￿ proteèys and the tsrryln8 ￿lue (Ff the asset, and Ls recognised In the 5tatEment of financial attivities. Igl OpErating lea585 Rentalsapplicable tv operdtlng le￿5 where Subsrdntially all of the benefits and r￿k of ownership ￿m61￿ wrth the lessorafecharged to theacwunts s Inctjrred. Ihl Imp3lmi¢nt of FiKed A55ets At each reporting end date. the Charty revTews th* carrylng amounts of itstan¥5ble assets to determlne whether there Fs any inditation thHt those assets have suffered an impairment 10s5. any such IndTcat4on exlsts, the recover4ble amount of the asset is estimBted In order to determine the extent of the isnpairment loss Ilf any). 111 Cash and C•sh Equlvaler Cash afid tash equlvalents Include rash ID hand, dep05itsheld at ￿lI￿[th banks, other short-term liquld lllve5tments w1th 0rf8lnal m3turfties of three months or less, and bank overdrdfts. Bankoverdrafts are shovJn wlthln borrowings In Current Itabllltles. til Finandal Instruments The Charlty has eletted to apply the pro￿￿a￿S of Sectyon Il'Baslc Flnaoclal Instrumentr and see￿00 12'0ther Flnanclal Instruments15sue< of F 102to all of ts fipanclal instrument& Flnancial Instwments are recosni52d In the ChaTIty'5 balan￿ Sheet when the ChaTIty be￿rneS partytTr the cor*trattual provlslons of the Insirument. Flnancial 3ssets and liabilities are offset, wtth the net amounts presented in the flnanclal ststements, when there 15 a legally enforcpablÈ right to set Dff the recognlsed amounts and there Is an intention to settle on a net ba515 orto reali50the asset and settlethe liabllity slmultaneously. Basic fiTran¢lal assets B3slcfTnanclal assets, whlch Indude debtors and cash and bank balan￿8, arelnltSally measured attrnnsattion p￿￿InclUd￿ngtr8￿$8rti0n cosrsand are subsequently carrfed at amorU5ed cost uslng the effeCt￿e interest method unless the 8rrangament constitute5 3 financing transactyon, wher2 the transattlon Is measured at the present Wdlue Of the future ￿ceIptS discounted at a market rate of Intere#. Flnanual assets cla551fied as re￿1VIble wlthin one Year3￿ not èmorttsed. Bastc flnanclal IlabilEtles 8asEG flnanclal 11ablllt￿s, including credltors and bank loans arÈ initlalfy recogntsed attransattion pri￿ unles5 the arRngement constitutes afinanclng trJnsaction. where the debt instrurnent Is mea5JTed at the pre5entvalue of the future payments dts¢ounted at a market rate of interest. Financlal Ilabilltres dassrfied a4 payable wlthin one year a￿ not amerfsed. Debt Instrurnents are 5ubsequenttycarried at amorttsed cos¢ usln8the effectlve Interestrate method. Trade (Teditor5 are obll8*lons to pay for goods DI services that have aroulred in the ordln3ry course of operations from suppllers. Amounts payableare ckssmed as current liabilltie5 rfpayment Is due￿￿h5n one year or less. If not, they are presented 35 non-current Ilabllltles. Trade creditors a￿ ￿¢08ni¥ed Inltlally attransactlon price and subsequendy measured at arnort￿d costusingthe effertlve interett method. DerÈcognftlon of financial liabilitie5 Flnancl81 Ilabllltles are derecognlsod when the CharWs contracbJal obllgatlons explre or are dlstharged or cancelled. Ikl faxatlon The Charlty Is an exemptcharitywithin the meanlng 01schedule 3 of thÈ Ch3ritTes Act 2011 aTTrd is ¢onsidered to pass the tèstssetout In p3ra8rdph I, schedule 6 Finance Act 2010. The Charty meets the definition of a Charftable companyfor UKCorporntlon tax purpose5. ID EmployÈÈ Benefits The cost L¥f any unused hDlidoy entr(lement ts recogntsed In the pertod in which the empIDyee'55e￿Ce5 are recelved. Tem)Ination beneffts are recognlseLI Immedlately as 3n expense when the Chartty is demonstrabfy wmmitted to termlnate the employment Df an employee or to provlde termlnatlon beneffts. Iml Retlrement Beneffts Thecharity providesa defined c0ntrfb￿Eon ￿¥￿mentbenefitS¢heMeerrangernentf¢r its employee5. The penslon thar8e inthe accounts represents amounts payable asthey fall due. Harpenden Mencap Annval Report and Accounts forthe year endèd 31 March 2025 Harpenden 2. Critical Accounting Estimates and Judgements In the appllcation of the Chartys ￿OUnting pollcle5, the Trustees, D1￿CterS & Members of ExeCUt￿e are reqUI￿d to make ludgernents, estlmate5 nd a55umptlons about the carying amount of assets and IlabllitiÈs that arÈ not readily 3pparent from trthÈr 50urtes. The estlm8tes and 35sodated a55umptions are based on hlsrDri£al eXperIen￿ and other fattors thatare coJsidÈred to be relevant. Actual results tnay drffer from these estimates. The estimates and under1yiDg a55umptlons a￿ revlewed an ongolng basi5. Revlsio>n5 to auountlng estimates are ￿cOgnISed in the period in which the esttmate is revlsed wherethe rew51on affetts only Ih8tperfod, or in the perlod of the reviSiOD and future periods where the mtsion affects both current8nd future perlods. 3. Income from Charitable Activitie5 Unrestrkted Funds RestriC￿d Funds UnrÈdrkted Funds 2024 Totsl F¥nd$ Tolal 1025 Z025 25 io From PUbllcAuthori￿eS IlQ8.468 2,108.468 640 383A57 2.015.756 1015,756 290 341,935 Grants and government support Rentsl In¢oTne Fees forusln&faclllties and Servi￿S 383,457 341,935 40,132 40,132 47.939 47.939 2,532,697 1591697 2.405.920 1405,920 4. Income from Donations and Legacies Unrest￿tted Funds 2025 Restdrted Funds Total Unre5trkted Funds Restrlcted F¥nds Total 25 2025 2024 2024 2024 onattonsand gifts 12,611 315. 327,861 20.376 8,152 28.528 Subscripttons OthÈr 376 376 355 355 1160 317,410 2,160 330,397 4,0)0 11152 12,987 20,751 32,883 5. Income from Other Activities vnr¢strf¢ted Funds 2025 Unrestrkted Ftsnds 2024 Funds 20Z5 Yotal Restri¢ted Fut)ds Totsl 2025 2024 i0Z4 FundTrtsin8ACtNt￿eS 13,422 13,422 11,438 Il438 6. Income from Investments Unrestricted Fund$ 2025 Restrlcted Funds 2025 Unre5trlrted Fund5 Restrlcted Funds 2024 Totsl 2025 1024 Inter&qt retÈlvablÈ 14,343 14,343 13,146 13.146 7. Expenditure on Raising Funds Li*fastrfaed Funds 2025 ijnrestrlcted Fund$ 2[124 FundralslD8 and Pubnclty Seekln8 donatlon5, 8rantsand io,ouo 6.364 Harpenden Mencap Annual Report and Accc¢untsforthe yearended 31 March 2025 Harpenden 8. Expenditure on Charitable Activities Unrestrlcted Funds 2025 Restrlcted Funds Unrestrirted undg Restricted Fvnds Total 2025 2025 IOZ4 2024 2024 ActE¥ltles Costs Staff costs Z,024,218 23,358 11.999 2,036,217 23358 1952,779 25,620 L,978,399 30,6S4 Qepreclation 30,654 5pcured Loan Interest Payable Other Directcusts 61,611 61,611 65.397 6S,397 537,103 20503 557.606 405.778 8,327 414.105 2,646,290 Share ol$upport ants go￿rnance cosrs (see note 91 Governan 13,055 32,502 2.678,792 1454.608 33,947 2,44555 13.055 11,147 IL147 2.659,345 32.502 2,691,847 2,465,755 33,947 2,499,702 Anaty51s by Fund Unrestrlct@d funds 2,654.495 4,850 2,654,495 60,746 2.461.713 4,042 2,46l713 37.989 Reslrlctedfunds 32,502 33,947 2.659345 32,502 1691,847 1465,755 33,947 2,499,702 9. Support Costs Allocated to Activities 2025 2014 Audltur RE[nUnera￿eTh Administrative Sal8ries 4,743 4,560 In5urance-Tru5tee Indemnlty 2,312 567 13,055 11,147 Anatysed between: Unrestrfcted Funds 13,055 11.147 10. Trustees, Directors & Members of Executive NoneoftheTru5tees, ￿1￿ctors& Membersof Executwe lor any perSons propertles.'Plne Court, and'Stal¥w8VS'. Freehokl Property:'Pine Court, The freehold property kmown as'plne CDUrt'1s slwated Carttoll Road, Harpenden. TrÈ bulldlng is wholly used for charftsble purposes and Is held to provide 5eFvices to the chafftles benefTclarles. Accordlnglyi the value used comprlses the present value of assets, servlcÈ potentlal whEch is best represented by depre¢i¥ted replacement cosL Th￿ ￿ Ereater than the actual c05t which therefore remain5 the approprtate carryinE ￿l￿e In the accounts and, attordingty. depreuatlon is requ[￿ In accountlng policy I lfj. Freehold Property:'Stairways' The freehold property known as'stslrways, is Situated In Douglas Road. Harpenden. The bulldlng is Maln￿ used forcharltable purpose5 and Is heldto provlde seryices to the ch3rttles bÈnEficlaries. Glvea thatthe indlcatfve current market V21ue Is In excess of £3,OLN),WO the appropriate carryingvalue In the 3ccounts rem31ns cost. no depreciatlon Is required in accordance wlth accountlng pollcy I Ifl.. The appllcatlcn of the bulldlnes deprÈtiatiDn poIIGy 111 is revlewed annually by the Emecwfve Commtttee and dÈpre¢iatEL)Tr w511 be pro¥Aded for at the palnt ift time when amorNsatlon of cost Is rÈw8nlsed and belng requlred. Harpenden Mencap ap Annual Report and Accounts forthe year eDded 31 March 2025 Harpenden 16. Debtors 2025 2024 Amountsfalltxg duewith￿ one year Trade debtors 5,180 95,259 29,259 3,896 47.980 20,579 OthÈrdebtor5 Prepaynents and accrued Income 129,698 72.455 17. Loans and Overdrafts 2025 2024 Bank overdraft5 59) Bank Loan5 829,5% 885,277 830.186 885,277 PÈy8ble withlll one year Payable ther one year 49,488 780,698 45.375 839,902 The bank loan is & non-residen￿?1 mortgage 8greement wrf(h the Charitie5 bankersTriodos Bank Ltd. for a sum of El,4￿,￿0. Thls fiTran￿ wa5 fdtsed to p3rtfinance the purchase and Eon5truction of 'Plne Court,, Carknn Ro3d, Narpenden. As at the balan￿ sheet datethls loan Is secured on th¢ Charities, freehold pr0perty,'StalN￿S'. Thls char8e ts curren*ly belng transferred to the'Plne Court, property. The Loan 59 repayable In monthly Insralments 0¥or 24 yèar& commÈn¢ing Juty 2012. Interest belng charged at Bankof England base rdte plus 2.25%, wlth a minimuTll ratp of 3.5%. 18. Creditors: amounts falling within one year 2D25 2024 NDte5 Bank loans and overdrafts Othertaxatlon artd socr31 secur 17 49,488 31,975 45.375 26,807 Deferred Income 21 97,311 5,068 rrade treditors 176,167 9,323 50,531 84,658 9,303 46,258 Other￿edItorS Accru31 414.796 117,469 19. Creditors., amounts falling due after more than one year Z025 2024 NDte¥ Bank bans 17 780,698 839,902 Harpenden Mencap Annual ReportandAttountsfor the yearended 31 Mèrch 20 Harpenden 20. Retirement Benefit Schemes 2025 20Z4 Dthed Contrtbution 5themes Charge tD profft or1055 In respect of defined contribu￿On scheme5 61,836 63,286 The Charity operdtes a defined wDtrlbutlon penslon scheme forall qualifylng employee5.The assets ofthe scheme are held separatetyfrom those of the Charity In an independendy admlnlstÈred fund. 21. Deferred Income 2024 Otherdeferred iniume 97.311 s,￿8 Oeferred Incorne Is included In the financial statements as follows.. Currert liabilitie5 97,311 5,068 Deferred income at l April 2024 Resources deferred In the year s.￿8 92.243 4,373 695 DÈferred Income at 31 Marrh 2025 97,311 5,068 22. Unrestricted Funds The unrestricted fund50fthe chartycomprtsethe unexpended bal3ncesof donaUt¥nsandgrantswhTchare notsublettt05peclFiccondklons bydoTror5 and grantors as to how they may be used. These indude deslgnated funds which have been set aslde out of unre5trfrted funds by the trustees for specific purposes. At IAprll 2024 Resourte5 Expended At 31 M3rth Resources 2025 General Funds 1693,880 1573,449 12,664A951 1601834 PrevlousY•ar At l Aprll 2023 Incomlng Resour£es ftesour Expended At 31 March Z024 General Funds 2,710.722 2,451,235 12,468,0771 2,693,880 Harpenden Mencap Annual Report and Atcountsfor the yearenfled 31 March 2025 Harpenden 23. Restricted Funds The restrfttÈd funds olthe tharity comprfse the unexpended ba12nces of donatlon5 4nd 8rants held on tr￿t subjec£ to speciflc condltions by donors as to how they may be used. AI IAprll 2024 IrEcomlni Resourtes Re5wrces Exlxttded Transfers At 31 March 2025 18,764 8.739 30,089 316,6fQ 250 335,424 250 Ernployrnent Projects AmenEtle5 18.7391 128.6141 SW 1.976 57,592 317,410 137,3521 337.650 Atl Aprfl 2023 Incomkng Resources Resources Expendfd Prevlous Year Trnnsf¢rs At 31M•r(h 2024 19,044 33,414 3Q,971 720 ILWOI 124.6751 112.3141 18,764 Employment Projects Ameniti¢s 8,TJ9 30,089 11,432 83,429 12.152 137.9891 57,592 Re5tri¢tèd FurNI8 BylldlnÈ Fund Employtnent Prolett Amefttbe$ Donallons and monles ￿￿1Ve￿ towardsthe upkeep and renewal of the bulldlngs, asspecffied bythedonars Grants rocefved towèrds projects Invofvln8 emplE¥yment opportuntbes Donallon5 tDwards Items used to improve the uf re51dents 24. Analysis of Net Assets between Funds i1#re￿rfCted Furtds Restrlrted Furtd5 Ttst41 2015 iOZ5 2025 At 31 March 2025 Tangible a￿ets Investment propertles CurrentAssetsll118billtiesl LoftgtÈrm Ilibllltle5 23,024 3,187,330 173,178 23.393 46,417 3,187.330 487,435 1780,6981 314.257 t78￿,698) 2,601834 337.650 2.940,483 Unrestrlcred Fund5 Re5trl¢ted Total Funds 2024 2024 2024 At31 March 2024 Tan8lble èsset5 Investment pmpeyties CurrentAssetsllllab1l￿exI Long term IlabllFdes 32,755 3,169,566 331.461 I839,￿2? 16260 17,764 23.458 49.115 3.187.330 354.929 1839.9021 1693.8RO 57.592 2.751.472 Harpenden Mencap Annual Report and Accountsforthe year Ènded 31 March 2025 Harpenden 25. Operating Lease Commitments Le55ee AttherpportIn8end datethe Cha￿ty hadoutstandin8commltmentsforfiJttJTrmlnlmum lease pèyments undern0n-Car￿1l3bIeope[atITh8 leaseswhlch fall due as follows.. 2025 2024 Wlthln oneyear Equipment and A8reements Withln oneyear.. Malntenafjce Contrart Within oneyear.. Propety Lease 8Ètween two and five years.. Property Lease 2,747 3,075 36,003 291,749 1.369,619 L835,787 39,078 AddfcionJl￿, as at31 March 2025, the Charity h3d capital mmmitments amouftting to £70,1801202&. £nil 26. Related Party Transactions There wère no dlsclosable related partVtrdnsactivn$ durfDzthe ye4rl2024- none), 27. Cash Generated from Operations 2025 2024 Surplu511defitr(I forthe year 189.lni 1416791 Adlustsnentsfor.. Investmentlncome rÈtogftised in statement of Finanaal Atti￿￿e$ Forelgn exchangedifferences Depreclatlon and impalrmentof tangible fixed assets 114,3431 113,1461 305 23,358 30.654 Movements in working ¢apltsl.. Ilncreaselldecrease in debtors lrtcrÈaWldecreasel In £redltors Increase ID deferred income 157,2431 100,970 92,243 4,828 132,1871 695 Cash genèrated fromllabwrbed byl operatlons 333,997 151,5301 28. Analysis of Changes in Net Idebtl/funds At IAprfl 2024 Cash Flow5 at 31 March 2025 Cash at bank and IrTr hand 840,OSO 167,5271 Is￿? 772,533 15901 Bankoverdrafts Loansfallirtg due wlthln oneyear Loafi5ts11iTrg due 3fteT Tnore than one year 153.2991 1913,9681 4,401 133,270 148,8981 1780,6981 1127.2071 69.554 157,6531