Charity Registratlon No. 1044681
Company Registration No, 2921143 (England and Wales)
The Evelyn Oldfield Unlt
Report and financlal statements
For the year ended 31 March 2024
Pa8e No.
CONTENT
Content of the Board of Trustees Annual Report
Board of Trustees, Annual Report
10
Independent Examlnerfs Report
11
Statement of flnancial activitles {includlng the income and expendlture account)
12
Balan￿ sheet
13
Exemptlon from audit
14-18
Notes to the accounts

The Board of Trustees, who are also directors of the charity for the purposes of the Companies Act, Submit their
annual report and the flnancial statements for the year ended 31 March 2024.
Full name
The Evelyn Oldfield Unit
Reglstered Charlty number
Registered Company number
1044681
2921143
Prlnclpal address
Resource for London, 356 Holloway Road, London N7 6PA
Board of Trustees
Paul sathlanesan Duraisamy- Chair and Board of Trustee
Llam CISpsham - Vlce-chalr and Board of Trustee
Te5hDme Damte- Treasurer and Board of Trustee
Pamella Campbell Board of Trustee
Henoke DanSel Board of Trustee
Maurice Kollewe Tcheungwe - Board of Trustee
Company secretary and CEO
Mulat Haregot
Bankers
Natlonal Westmlnster Bank Plc, PO BOX 7406, 490 Holloway Road, London N7 6HN
Independent exaininer
Md IQBAL HOSSAIN MBA, FCCA
Chartered Certifled Accountant
B K Communlty Accountant Ltd.
124 Clty Road
London
ECIV 2NX

Objects of the charity:
The Charity's objects are to promote for the public benefit, all charitable purposes by the following.."
Al. To develop, provide. facilitate and co-ordinate the provision of specialist aid and support services in order to
further the charitable work of organisations assisting disadvantaged people in particular but not excluslvely the
unemployedi people with low levels of literacy, Older people, people with disabilitiesi people with long term health
conditions and ethnic minorities particularly refugees, asylum seekers and migrants in the UK or Internationally,
B). To provlde advocacy and services In particular but not exclusively for disadvantaged people including the
unemployed, people with low levels of literacy, older people, people with disabilities, people with long term health
condltions and ethnic mlnorities particularly refugees, asylum seekers, and migrants who are in conditions of need,
hardship or distress,
Striictiii"e, governaiice and nianagement
The Evelyn Oldfleld Unlt Memorandum and Articles of Association was Incorporated on 21" April 1994 as amended
th
by Speclal Resolutionlsl dated 26 January 1995 and registered at Charity Commission on 6 March 1995 and
th
th
subsequently amended by special re501ution registered at Companies House on 30 September 2013.
The Charltable Company was established under a Memorandum and Artlcle5 of Associatlon which established the
obJect5 and power5 of the charitable company and is Eoverned under Its Articles of Association.
Method of appointmeiit or electioii of Board of Triistees
The governance of the charity is the responsibility of the Evelyn Oldfield Unit Board of Trustees who are elected
and co-opted under the terms of the Artlcles of Association.
Followlng an Initlal audit of skllls and experience, individuals wlth speclfic skills and voluntary and community
organlsations known to the charitable company are offered the opportunity to put themselves or nominees from
their organisations forward as potential Board of Trustees. Candidates complete an appllcation form and are
intervlewed by a panel of Board of Trustees and recommended by the Board of Trustees to the Annual General
meeting for election.
If a vacancy arises during the year, or additional Board of Trustees are required, people are appointed by the Board
of Tru5tee5 and hold office until the following AGM when they stand for election.
One- thlrd of elected Board of Trustees must retire from office at the Annual General meetin& but are ell8ible for
reappointment at that meeting.
Boai-d of Trustees IndLlCtion, Training and Developiiieiit
New Board of Trustees follow an agreed induction process and are offered trainin& development and support to
understand and carry out thelr re5ponsibilitles. After appointment the Chair and the Chief Executlve Offlcer Induct
new Board of Trustees by givlng them an outllne of the organisation, its governance and strategic plan, a brlefing
on what constitutes a confllct of interest as well a5 answering questions p05ed by the new Board of Trustees.
Each Board of Trustee is also given a handbook which include5 the latest accounts, key pollcies, procedure5, and is
offered mentorlng by more experlenced Board of Trustees.
Board of Trustees are encouraged to attend relevant training and development programmes on top of the
biannually half day planning, trainin& and development days.

Oi-ganisatioiial structure and decision making
The Board of Trustees govern the organisation through quarterly Board of Trustees meetings, and are advised by
the finance and personnel sub-committees. The Board of Trustees comprises a minimum of 5 Board of Trustees and
a maximum of 15. If a decision cannot be made at the quarterly Board Of Trustees meetlng, it is delegated to a
specific group of Board ofTrustees, usually a sub-committee, and the results communicated to all Board of Trustees
by email and ratified at the following Board of Trustees, meeting. All Board of Trustees attend one or both of the
quarterly finance and personnel sub-committee meetings.
The offi￿rS meet between the meetings of the full Board ofTrustees meetings to discuss any immediate issues and
to offer support to the Chlef Executive Officer, if any decision are made these are reported to the Board of Trustees
informally, as well as to the next meeting. The dayto day management of the organisation 15 delegated to the staff
via the Chief Executive Officer.
Risli maiiagemeiit
I n the last flve years, the Board of Trustees have increased their focus on risk analysis as a mean of protecting the
charity and enhanclng its performance.
The Board ofTrustees undertake reviews of the major risks to which the charity Is exposed and ensures that systems
are in place to mitigate these risks. Among the potential risks assessed were the loss of funding, Board of Trustees
conf lict of interest, bad publicltyi new legislatlon, negligence, misuse of resources, overstretched management and
low staff morale. Measures were Identlfied that mitlgate these potential rlsks and actlons agreed, all of which
enabled the charity's Board of Trustee5 to deal effectively with the step reduction in f undlng experience this year.
Ongolng mltlgatlon includes providing su￿1Clent trainlng and sound management for staff, clearly deflned
procedures, a survey of staff views, exit interviews, further diversification of funding, use of professional advice and
insurance.
The Chief Executive Offlcer uses the risk assessment as a management tool for reviewln8 specific projects and
activitles with a view to mitigating risk and enhances performance. The Board of Trustee's risk management has
been aligned with business planning and performance management. On a routine basis lower risk assessment, such
as health and safety assessments are carried out by staff. The EOU has a full complement of policies ranging from
health and safety to personnel management. These are periodically reviewed and updated by staff and then
presented to the Board of Trustees for ratificatlon.
Reserve policy
The Board of Trustees have assessed the major risks to whlch the charity is exposed, in partlcular those related to
the operatlons and finances of the charity. The risk register is reviewed annually. The Board Df Trustees are sat15fied
that systems are in place to mitigate exposure to the major risks.
It is the policy of the charity that unrestricted funds, whlch have not been de51gnated for a specific purpose, should
be maintained at a level equivalent from three to Six month's expenses. The Board of Trustees consider that
reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the
charltV5 current activities wh ilst consideration Is given to ways in whlch additional fund5 may be raised. This level
of reserves has been malntained throughout the year.
Deta115 of fundlng sources, how expenditure in the year met objectives Is outlined in the notes to the accounts on
restricted fundi ng.

Stateinent on public benefit
The Board of Trustees are aware that sectlon 17 of the Charities Act 2011 require5 charities to demonstrate that
their work is of direct benefit to the public. When planning the EOU'S activitie5 each year, the Board of Trustees
take due regard of the Charlty Commission's general guidance on public benefit.
In the interest of transparency, the Board of Trustees make the followSng observatlons on the two key principles of
the public beneflt.
Priiiciple I: There inust be an ideiitifiable beiiefit or benefits
la It must be clear what the benefits are
The EOU provides service to support organisations deliver on their charitable purposes. The services provided and
benefits achieved in 202312024 are clearly setout in the accounts of objectives and achievements given in the body
of this report.
Ib The beneflts must be related to the aims
The Board of Trustees review the activitles of the charity against its aims on an on8olng basls and are satisf5ed that
all activltles contlnue to be related to the aims.
Ic Beneflts must be balanced agalnst any detrlment or harm
No specifSc issues of detriment or harm have been reported.
Principle 2: Benefits Iiiust be to the piiblic or a seLtioii of the public
2a The beneflclaries must be approprlate to the alms
The EOU offers support to full range of 8AMERs in London, including distributing our e-bulletin, to over 450
reclplents. These organ15atlons beneflt a wide cross sectlon of soclety in Ilne wlth EOU'S objects.
Zb Where the beneflts are to a Section of the public, the opportunity to beneflt must not be unreasonably
restrlcted by geographica l or other restrittions; or by the ability to pay a ny fees charged.
The EOU'S services are offered free of charge for the benefit of the Black, Asian, Ethnic Minorities, Migrants and
Refugee communltles Ilvlng In London in partlcular and the society in general.
People in poverty must not be excluded from the opportunity to benefit. As outlined above therels no
re5trlction on benefits.
2d Any prlvate beneflts must be Incldental
A number of prlvate beneflts do necessarily arise from the activities of the charlty. In partlcular the charlty
finds it essential to employ and remunerate staff. These private benefits are, however, incidental a5 they are a
necessary by-product of carrying out the charlty's aims.

ACHIEVEMENT AND PERFORMANCE
CHARITABLE ACTIVITIES- OUR KEY ACHIEVEMENTS IN 2023
2024
COMMUNITY CONNECTIONS PRO
ECT
The Community Connections Project funded by the City Bridge Foundation is providing support, advice and training
to Refugee and Migrant Community Organisations (RMCOS) to develop their capacity, voice, and leadership through
networking activities* partnership development, and collaborations as follows:_
(a}. Black Cultural Centre:_ The Evelyn Oldfield Unit has been Invoved tn the Islington Black Cultural Centre and
actively encouraging local black, migrant and refugees community organisations and individuals from 2023- 2024.
The need to deliver a centre forthe Blackcommunity is evidenced in the communities Let'sTalk Islington engaEement
finding and research that was commissioned and delivered by the Ubele Inltiative 'Bein8 Black in Islington,. The
research unveiled slx key themes that were used to create a vislon and purpose for a Black Cultural Centre. That
Vision bein8.'_
rf Create a space that primarily unites residents from Black African and Caribbean backgrounds but is Inclusive
to all ethnic groups.
O Providea safe environment that allows groupsto come to8etherto address issues that impactthe community
dlsproportlonatelv.
O Provide opportunities for educatlon and provlde positive representation of 81ack hlstory, Black Scons, art,
culture and heritage.
O Empower marglnalised groups and create a sense of connection and belonging to the borough.
rf Signpost services and opportunities that can support marginalised groups.
O Provide health (mental and physlcal) and wellbelng services including holistlc and therapeutlc support In
response to trauma and abuse.
O Develop and nurture budding entrepreneurs and new community organisations.
O Demonstrate Isllngton's commitment and dedicatlon to supportlng and empowerlng mar8inallsed groups.
O The Islington Black Cultural Centre15 now at 16- 18 Hornsey Road, N7 7BT.
Thls Is a very good opportunlty for the black communlties in Islington and the leadership taken by the London other
London boroughs to followthis active engagement and support to black communities at this very difficult and challing
time in the sector.
Ibl. The Isllngton BAMERAdvlce Alllance (IBAA):. The Evelyn Oldfield Unit has developed a Con50rt1um of 7 BAMER
informatlon, Advlce, support and Guidance giving organisations, all of whom are Islington Strategic Advice Partners.
The Evelyn Oldfield Unit has supported the IBAA rnembers to secure £400,000 funding from the London Borough
Islington Councll for the periode April 2024 March 2028. IBAA members has delivered Between April 2023 and
March 2024, the18AA Partners delivered direct help and support services to 5,596 Islington residents. The services
included the provision of information, advi￿, support and guidance on housin& welfare benefits, utilities,
employment, education, health and other settlement issues from the BAMER Communities background. The cost of
livlng crlsls, and the conflict in Ukralne are leading to increased demand for IBAA services, resulting in the need to
seek more resources to ensure marginalised communities are not further disadvantaged. The services also include
referral servlces to L81 Housing and other local agencies.
(c). Islington BAMER employment forum- The Evelyn Oldfield Unit has been working closely with the London
Borough of Islington Council. iwork, Adult learnin& Islington Refugee and Migrant Forum, Every Voice, and over 35
BAMER groups meeting on quarterly basis to Improve the capacity of Small BAME organi5ation5 to better understand

and refer to avallable sUPPOrt, Improve the capacity of mainstream services to better understand and work with
residentswith multipleand complex issues, and build confidence in relation to employment and employment support
among residents from BAMER backgrounds.
The Evelyn Oldfield Unit and Islington Refugee & Migrant Forum have been working to support research for Islington
council iwork lead by Staffordshire University and University College London) is commissioned by the London
Borough of Islington entalls an investigation into 'work-based harms, (poor H&S, unpald wages, bullyin&
discrlmination, and harassment) and how this links to low paid and precarious work, and lower levels of unionisatlon,
Secondly, the want to look at the ways in which unions are active In the BorouEh and what the councll could be doing
to support and promote unionisation. This work will contribute to ongoing initiatives around promoting good work.
Poor condition5 of work examples include low pay. bullying. dlscrimlnation, barrier5 to benefit clalms, wage theft,
unfair dismissal, poor health and safety etc. Thus, the research perspectives will be on:_
the experlence5 of the BAMER communitles of inequalitles and work-based harm5,
how BAMER/cvs is addresslng this (examples of inltiative5, campaigns), and
Voluntary Sector communities, engagement and working with other agencles and trade unions.
Both organisations were therefore asking anyone working in Islington to complete the short and slmple"form" and
should they need support through local organisations as well as contacting either IRMF or EOU dirertly via emall.
{dl. West London BAMER Organlsations:. The Evelyn Oldfield Unit has been sharing the partnership and
collaboratlon working expreince of the North London IBAA partnership and collaboration work for the groups In West
London share the exprelnce of the groups works and develop thelr partnershlp as a result of thSs the organisatlons
has developed very strong partnership and gain funding from the NLCF and Ealieing Council. Thi5 will be a very good
example of partnership worklng for other BAMER group5 In South London and East London In the future to share the
expreince of the North London and West London Partnership approach,
le). Communlty of Tlgray In the Unlted Klngdom:_ The Evelyn Oldfield Unit has supported the development of the
Charity by provlding regular capacity bullding services to develop its system5• policles and to successfully Celebrate
Its 35th years Annevsary in 2024 and work with other local and reglonal community groups and work closely wlth the
London Borough Lambeth Council to meet the unmet needs of their communities.
(fl. Good governance, fundralsing and collaboration workshops., _ The Evelyn Oldfleld Unit has been working with
over 60 BAMER organisatlons on fundraisingi Governance, Collaboratlon and Partnershlp worklng and also providing
capacity buildin8 servlces to over 25 individual BAMER communities.
Igl. Migrant and Refugee Advisory Panel (MRAP):. MRAP which is lead by the Mayor London Senior staff and brings
BAMER groups and other strategic agencies and government departments in London. To discuss, shape and and
Inform policles and practlces which the Evelyn Oldfleld Unlt is representlng the interest of over 200 BAMER
organisations In London.
11. PARTNERSHIP AND COLLABORATION WORKING
The EOU Chief Executlve Officer has been involved in a diverse range of partnership and collaborative work wlth a
number of mainstream agencies, organisations, and BAMER groups both in the delivery of our projects and through
belng partners of strategic activlties and initiatives.
These agencies include 1s1ington Citizens Advice, Islington Law Cent￿, Islington People's Right, Help on Your
Doorstep, Councll of somali Organisatlon5, Race on the Agenda, Refugee Council, Resource for London, Voluntarv
Action Islington, Hibiscus Initiatives, Reconnect, London BorouEh of Islingron and GLA. The partnerships and
ollaborative work has helped the Evelyn Oldfleld Unlt to develop strong working partnerships.

111. ICNOWLEDGE EMPOWERS YOU
KEY
PRO
ECT
The Evelyn Oldfield Unit (EOU) has been working with over 200 young people from North London and South London
from a refugee and migrant communities background from 10- 30 years old on football and other sport activities
to empower them, fully partlcllpat in the society and maximise their potential to contribute to the wider society.
Jv. INFORMATION ADVICE AND GUIDANCE
IAG
This service provides advice to 97 BAMER cllents, telephone/online one to one basls. We deliver level l immigration
advice service and have a dedicated volunteer caseworker to follow up cases and assist the client reach a satisfactory
conclusion of their case.
v,THE ENHANCE DESK SPACE PRO
ECT
The Enhance Desk Space partnership proJect was delivered togetherwith Resource for London. The project provided
desk space, training and support to 10 small BAMER Eroups working to empower and improve the live5 of members
of thelr community. These groups were also Invited to 5 trainln8 sessions and workshop on fundraisin& and capacity
buildlng and other communlty development issues.
VI. STRATEGIC PLAN FOR FUTURE PERIODS
The EQU Board of Trustees are agreed to review the organisation Busine55 Plan and Fundraising Strategy in 2025
when It Is celebratlng Its 30 years capacity bullding services annlversary,
FINANCIAL REVIEW
The results of the yearfs operation are set out In the attached financial Statements. The net movement in funds for
the year ended 31" March 2024 amounted to1£27,941}. The retained reserves at 31" March 2024 amounted to
£67,190 and year ended 31" March 2023: £95,131.
RESERVE POLICY
The company Is required to determine and explain its policy for free reserves. The Board of Trustees have reviewed
it5 free reserve pollcy and have turned it5 entire unrestricted fund into an emergency reserve to enable the Evelyn
Oldfield Unit to meet its obllgations in the event of a shortfall In income or sudden upturn in expendlture. The
organisatlon Is aimlnE at reserves to cover at least 3 months, expenditure, which is in the range of £13,428, per year.
RISK MANAGEMENT
The Board of Trustees have examinedthe major risk which the Evelyn Oldfield Unit faces and believe that maintaining
our free reserves at a reasonable level, combined wlth our annual review of the controls over key financial systems
wlll provide sufflcient resources in the event of adverse conditions. The Board of Trustees have 3150 examined other
operational and busine55 rlsks which we face and confirm that they have established systems to mitigate the
51gniflcant rlsks.
TANGIBLE FIXED ASSETS
The fixed assets comprise of office equlpment.

FUNDS AVAILABLE
Grants recelvable totalled £25,772 {2023: 61,724). We would like to thank the City Bridge Foundation, the London
Borough of Islington Council {IBAA Project), Enhance Project. and other donors for their support and contrlbutions.
The charity's costs were £53,71312023: £45,753), of which £29,398 {2023: £24,005) related to staff costs.
Disclosure of information to independent examiner
The Board of Trustees have confirmed that there is no information of which they are aware whlch is relevant to the
independent examiner, but of which the independent examiner is unaware. They have further confirmed that they
have taken appropriate steps to identify such relevant information and to establish that the independent examiners
are aware of such information.
VOLUNTEER5 the Evelyn Oldfield Unit IEOU) recognises the signlficant contributions made by volunteers and work
placement students.
On behalfof the Board of Trustees, staff, BAMER groups and the services users we would like to take thls opportunity
to thank our volunteers for the excellent and exemplar tasks they have done to the Evelyn Oldfield Unit, 8AMER
communities and their services users.
Signed by Llam Cllpsham, Vice-Chalrperson/Director
Date.. 30/1212024

The Evelyn Oldfield Unit
Company Limited by Guarantee
Year ended 31 March 2024
INDEPENDENT EXAMINER'S REPORT
I report on the accounts of the company for the year ended 31st March 2024, which are set out on
pages 11 to 18.
Respectlve re5ponslbllltles of Board of Directors and examiner
The Board of Director5 (who are also the directors of the company for the purpose5 of company law)
are responsible for the preparatlon of the accounts. The Board of Directors consider that an audlt15
not required for this year under Section 144(2) of the Charltles Act 2011 (the 2011 Act) and that an
Independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
Independent examinatlon, 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(51{b) of the 2011 Act. and
to state whether particular matters have come to my attention.
Basls of Independent exam5ner's report
My examinatlon was carrled out in accordance wlth the general Directions given by the Charlty
Commission. An examinatlon includes a review of the accounting records kept by the charity and
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
concernlng any such matters. The procedures undertaken do not provide all the evidence that would
be requlred In an audit and consequently no opinion is given as to whether the accounts present a
'true and fair vlew, and the report is limited to those matters set out in the statement below.
Independent examlner's Statement
In connectlon wlth my examlnatlon, no matter has come to my attention:
which gives me reasonable cause to belleve that in any material respect the requirements:
to keep accounting records in accordance with Section 386 of the Companies Act 2006; and
to prepare accounts which accord with the accounting records, comply with the accounting
requlrements of section 396 of the Companles Act 2006 and wlth the methods and prlnclples
of the Statement of Recommended Practice.. Accountlng and Reporting by Charltles have not
been met; or
to which, In my opinion, attention should be drawn in order to enable a proper understandlng
of the accounts to be reached.
Md IQBAL HOSSAIN MBA, FCCA
Date: 30112/2024
Chartered Certified Accountant
B K Community Accountant Ltd.
124 City Road
London, ECIV 2NX
io

The Evelyn Oldfield Unit
Company Limited by Guarantee
Statement of Financial Activities
(Including income and expenditure account)
31st March 2024
Incoming Resources Note
Unrestrlcted
Funds
TOTAL
Restrlcted Funds
2024
TOTAL
Funds
2023
Unrestrlcted Reslricted
Funds
Funds
Donallon and
Legacles
Charitable activlties
3,060
22.712
25,772
11,984
49,740
61,724
Other actlvitles
Total Income
3,060
22,712
25,772
11,984
49,740
61,724
Expendlture:
Fundralslng
Char5table activltles
53,713
53,713
45,753
45,753
Total expenditure
53.713
53,713
45.753
45,753
Net movement In
funds
3,060
(31,001)
(27,941)
11,984
3,987
15,971
Reconclllation of
fund:
Total funds brought
forward
71,403
23,728
95,131
59,419
19,741
79,160
Total funds carrled
forward
74,463
(7,273)
67,190
71,403
23,728
95,131
li

The Evelyn Oldfield Unit
Company Limited by Guarantee
BALANCE SHEET
AS AT 31st MARCH 2024
FIXED ASSETS
Note
2024
2023
Olflce Equlpment
Current Assets
Debtor8
io
Cash at Bank
69,592
98,225
Cash In hand
Total Currenl Assels
69,592
98,225
Current Liabilitie8
Credltors:
Amount falling due within one year
li
(2,402)
{3,094)
Nel Current Assets
67,190
1 67,190
95,131
95,131
Total Assets
Funds:
Unrestrlcted Funds
64,463
10,000
(7,2731
67,190
61,403
10,000
23,728
95,131
Deslgnated Funds
Restrlcled Funds
Total Funds
Approved by the Board of Trustees and signed on Its behalf
By Llam Clipsham, Vice-chalrperson and Board of Trustee
Date: 3011212024
12

The Evelyn Oldfield Unit
Company Limited by Guarantee
EXEMPTION FROM AUDIT
For the year 3110312024 the company was exempted from audit under section 477 of
the Companies Act 2006 relating to small companies.
Directors, responsibilities:
The members have not required the company to obtain an audit of its
accounts for the year in question in accordance with section 476.,
The directors acknowledge Iheir responsibilities for complying with the
requirements of the Act with respect to accounting records and the
preparation of accounts.
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 April 2008).
The Board of Trustees declare that they have approved the accounts above.
Signed on behalf of the charity's trustees
Signed by Liam Clipsham, Vice-chairperson and Board of Trustee
Date 3011212024
13

The Evelyn Oldfield Unit
Company Limited by Guarantee
Notes to the financial statements
Year ended 31st March 2024
Accountlng policies
Basis of the preparation of the accounts
These financial statements have been prepared under the historical cost
convention and in accordance with Accounting and Reporting by Charities -
Statement of Recommended practi￿ (SORP revised 2015), the Financial
Reporting Standard for Smaller Entities (effective April 2008) and the provisions
applicable to companies subject to the small companies regime under the
Companies Act 2006.
Incomlng resources
All material incoming resources have been included on a receivable basis
i.e. they are included if the date receivable falls within the period
covered by these accounts.
Pension costs
The charity operates a defined contribution pension scheme for employees. The
assets of the scheme are held separately from those of the charity. Pension
costs charges in the Statement of Financial Activities represent the contributions
payable by the charity in the year.
Resources expended
These have been analysed using a natural classification.
Depreciation
Depreciation is calculated to write down the cost or valuation, less estimated
residual value, of all tangible fixed assets with a cost exceeding £500 over their
expected useful lives on a reducing balance basis.
The rates applicable are:
IT Equipment
Furniture, fittings & equipment
20%
209/.
14

The Evelyn Oldfield Unit
Company Limited by Guarantee
Notes to the financial statements (contlnuing)
Year ended 31st March 2024
2. Income from donations and legacles
Grants, donations and
legacies
Unrestricted
Funds
Restricted
Funds
2024
2023
Small Donation
TOTALS
3. Income from charltable actlvities
Un-restrlcted
Restricted
2024
2023
City Bridge Trust
Communit Connectlon
City Bridge Trust
The Inflationar
LBI - IBAA
Total Income from charitable
activities
12,200
12,200
36,600
rant
3,060
3,060
11,984
10,512
22,712
10,512
25,772
13,140
61,724
3,060
15

The Evelyn Oldfield Unit
Company Limited by Guarantee
Notes to the financial statements {continuing)
Year ended 31st March 2024
4. Analysis of Expenditure
Direct
Charitable
expenditure
Governance
costs
Support Total
costs
2024 Total 2023
Salary, Nl and pension (5)
Volunteer expenses
Premises & Utilities
Project Costs
Administration Costs
Professlonal & IE Cost
Insurance & interest
29,398
29,398
24,005
19,049
3,598
610
19,049
3,598
610
435
623
53,713
17,494
2,504
530
600
620
45,753
435
623
53,278
Expense5 before allocation
Governance Costs
Support Costs
Total Expenses
435
435
(4351
53,713
53,713
45,753
The total expenditure {202312024), £0 was unrestricted and £53,713 was
restrlcted.
5. Analysis of staff costs, trustee remuneration and expenses, and the cost
of key management personnel Staff costs as follows:
2024
2023
Salarles and wages
Social security costs
Employers, contribution to defined pension schemes
26,867
19,129
2,518
2,358
24,005
2,531
29,398
Total Staff Costs
16

The Evelyn Oldfield Unit
Company Limited by Guarantee
Notes to the financial statements (continuing)
Year ended 31st March 2024
No employee earned more than £60,000 during the year {2023: nil).
The charity trustees were not paid or received any other benefits from employment
with the charity in the year (2023: £nil). No charity trustee received payment for
professional or other services supplied to the charity {2023: £nil).
The average weekly number of employees during the year was 1 (2023.1).
6. The Board of Trustees have created a designated staff contingency fund of
£10,000 to meet unexpected contractual costs relating to staff.
7. Related party transactions
There are no related party transactions to disclose for 2024 (2023: none)
There are no donations from related parties which are outside the normal
course of business and no restricted donations from related parties.
8. Taxation
The charitable company is exempt from corporation tax as all its income is
charitable and is applied for charitable purposes.
9. Flxed Assets
Computer Equipment
Total
Cost
At1A
ril 2023
Additions
Dis
osals
At 31 March 2024
Depreciation
At1A
ril 2023
Disposals
Charge this perlod
At 31 March 2024
Net book value
At 31 March 2024
At 31 March 2023
9,445
9,445
9,445
9,445
9,445
9,445
9,445
9,445
17

The Evelyn Oldfield Unit
Company Limited by Guarantee
Notes to the financial statements (continulng)
Year ended 31st March 2024
l O. Debtors:
2024
2023
IBAA
BBC CIN
Totsl
11. Credltors.. Amounts falllng dué within one year:
2024
2023
Inde
endent examination
Soclal Securlty and other Taxes
Accruals
400
600
2.002
2,402
2,492
3,094
Total
Beneflts in klnd
There were no benefits in kind in the period.
Board of Trustees, remuneration, benefits and expenses
Trustees received no expenses, remuneration or benefits in Ihis period.
Related party transactions
There were no related party transactions in the period.
Independent exam inatlon and accountancy servOc•s
During the period, the cost of the examination and accountancy services was £600.
Glossary ofterms
Restricted funds: These are funds given to the charity, subject to specific
restrictions set by the donor, but still within the general objects
of the charity.
These are amounts owed by the charity. but not paid during
the accounting period.
These are amounts owed to the charity, but not re￿iVed in the
accounting period.
These are services Ihat the charity has paid for in advance, but
not used during the accounting period.
Creditors
Debtors:
Prepayments:
18