HOUNSLOW WEST MENCAP LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023 Registered Charity No. 1045130 Company No. 3007539 Holnes Wall8 Aissela 46 High Stregt Esher Surrey KT10 9aY *AD88ASklZ 2710712024 cCPANIEs klOUSE
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HOUNSLOW WEST MENCAP UMITED FINANCIAL STATEMEpifs FOR THE YEAR ENOED 31 MAACH 2023 coKrENrs PAGE Legal and administratwe details Report of the Trustees Independent Examiner's Report Stalement ol finanrAal activitie5 "Balance sheet Notes to the linanaal staternents 7-10
HOUNSLOW WEST MENCAP UMrrED OFFICERS AND PROFESSIONAL ADVISORS Direclorsifrustee¥ D A Taybr (dirlDr and Iru5teel W Coveney Idireuor and trusleel J Howliston (director aTrJ Iru*eel L. Collins Idireclorl C mCKern.Ink Iiwste&l Hon. Tre•surer D A Taylor Reglslered Ottlce Aissda 46 High Street Esher Surrey KT10 9QY Charity Numb•r 1045130 Company Number 3007539 Accountants and Independent Examiners Cooper Parry Advisory LimItj Aissela 46 High Street Esher Surrey KTIO 9QY B8nker8 Cal Bank Limited Kings Hill West Malling Kent ME19 4JQ
HOUNSLOW WEST MENCAP LIME0 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The Irustees, some of whom are also t directors ol Ihe conwny lor the purposes of the Companies Acl, present Ihelr amual report and the linandal statemerts lor the year ended 31 March 20T3. Structure Govemance and M ement Stalus The charity's goveming instrument is the company's Memorandum & Articles ol Associion. The charity is managed by its trustees, who are also company directors, through its Execulive Commlttee. The Exewlive Ciynmtttee shall nol be moT& than twglvo m9mbers. Al the end of each annual general meeting all Executive Committee members shall relire from office but they may be r&ele¢led or re-app)inled. The charity is also a compary limited by Ihe guarantee ol its members, li has no share capiial. The liabllty of each member in th8 event ol winding-up is limrted to a maximum £1. Rlsk Atsnagement The trustees havè examinéd the major rlsks which the charlly and seek lo control these rlsks to mitigate any impad that they may have on the charity. Ob-ectives and Aetlvl The principal charity objective is lo promote the ¢are, Irealmert and gducalion ol montally handicapped children and aduhs in the Hounslow area ol Greatw Lonclon and lo secure for mentally handicapped people. provision commensuraie wth iheir needs. The Tiustees have had regard to the Charlies Commission's guidance on public benefit. During the year the charity was supported by grants and rental subsidy by thè Lon(Jon Borough ol Hounslow. Achievements and rtomiane8 The charity has continued io suc£essfully further its charitable objectrves during the year. The truee8 wll continu& io r8 to maintain Ihg servi¢9 provided lo mg91 the increasiro need5 01 the serVe users. Flnanclal Revl The irustees cOnseT ihe financial position al the year-end lo be salisfactory. Whilst this as the lirsl lull year the cenlfe has been open slnce Covid in 2020 Ihere was still a net loss of £13.883 lor Ihe year ended 31 March 2023. (Prior year loss was £27,832). The1055 lor the year was primarily allributable to inllalionary increases over the last sgveral years associated wrth running the centre which have not been passetl on io ihe grant prtsviders orlo those attending the cenlre. Management is working lo reS08th15 lorluture years to maintain a small level ol annual profiiabilily. The ¢entre did not re¢oivg any linancial support from government funded Covid grants or furlough schemes during the period in which Ihe centre remained closed. The charity's policy is io hold reserves sufflcSeni lo cover slx months walional expenditure. The reserves throuOUt rhe year and at the year.eNI fell short of this wlicy but now Ihe ¢enlre is fulty re.open charrty is s)king to rebuikl Ihe reserves io the required level. The reserves include a desIgne pryrty reserve, ol vjhlch the Charty ulilised £10,000 on essential prcperty maintenance leaving balance on Ihe reserve 01 £25,000 as a provision against Ivrther propty maimenance co$ in the luture. DireclorslTrustees' res onsibilities statement The Iruslees (who are also directors ol Hounslow Wesl MerKap Limited for the purposes ol company lawl are responsible lor preparing Ihe Trustees. Report and the financial statements in aordate wilh applrcabl8 law and Uniled 'ngdoM Accounting Standards (United Kingdom Generally Accepted Accounting Practice}. Company law requires ihe trustees io prepare linanclal slalemenls lor each linanclal year which give a true and lair view ol the slate of attairs ol Ihe Charlble company and ol the Incoming resources and applicalion ol resources. including the income and expendrfure of the charitable company lor year. In preparing these financial statements, the trustees are required to: Select suitable accounting policies and then apply them ¢onsi8tenlly', Observe the methods principles in the Charities SOFIP; Makejudgmenls and estimates that are reasonable and prudent-, Stale whether applicable UK Aco)unting Standards have txen lollowe(I, subject to ary materval departures disclosed and explained in the finala1 sialem&nts', Prepare Ihe financial slaltsinents nn th8 going concgrn ba6iG unIvO rt 18 in8rs)rorxiale lo yi¥sum8 ihat ihè charitable company will conlinue In fyration. The trustees are responsble lor keepir4J adequate accountir¥J records that di10se with reasonatrk accwacy * any time the financial posrtlon ol the charilable cornpany aTrJ enable them to ensure that the financial statement5 comply wlh the Companies Act 2006. They are also responsible lor safeguarding the assets ol tho ¢haritth¢ Mpary and henrK lor taking reasonable steps lor the prevention and detectSon ol fraud and other irregularrties.
HOUNSLOW WEST MEMCAP LIMITED REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2023 The trustees are responsible lor Ihe maintenance and integrity ol Ihe corporate and financial inlorrnation included on the ¢harilable company's website. LegiSlatn in th& United Kingdom governing the preparation and dissemination ol financial stal&monts may differ from legislation in her jurisdictions. Thi5 repori has been Prepared in accordance with the provisDns applicablg lo ¢haritigs suty'ect to the companSes regim9 Wthin Part 15 ol the Companies Act. Signed on BehaN ol the Twslees Approved by the Iruslees on 07 2024 D A Toylor Dlrector and Trustoo
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HOUNSLOW WEST MENCAP UMITED YEAR ENDED 31 MARCH 2023 I report to the chwity trustees cffl my examinalion of the aCUnIS of the rnpanY lor the year ended 31 March 2022 vthich are set out on pages 4 to 8. Respon$Sbllttles and basls of report As the chamy truees ol the Company land also its directors lor the purposes ol company law) you are resPjn5* lor the preparation ol the aco)unts in accordance with the requirements of the MPanieS Act 2008 Ilhe 2C4)6 Act'l. Haviro satisfied myself that the accounts ol the company are not required to te audited under Part 16 01 the 2006 Act are eligible lor independent examination, I report in respect ol my examinalion ol your company's accounts as Carried out under se10n 145 of the Charities Act 20111'the 2011 Ad'l. In carrying out my examination I have followed the DiTecthins given by the Chairty Commission under section 14515llbl ol Ihe 2011 Act. Indfjp•nd•Thl •x•mlrKirfs stal•m•nl I have c4Jmpleted my examination. I Confi that no millets have ¢ne to my attention in connection w6th ihe examination giving me cause lo believe that in any material resFect'. accounting records were n¢A kept in resped ol the company as rtsNuireil by section 386 01 the 2006 Acl. or the accounts do not accord wi(h Ihcsse records,. or the aco)unts do not comply with Ihe accL)unting requirements ol section 396 of ihe 2006 Act other Ihan any requiremgrn that Ihe a¢counls give a Irue and lair view. which is not a matter o)nsidered as part ol an independent examination., or the accounls have not been yepared in )rdance with lh& meth¢yJs and princ4ples of the Statement ol Recommended Praetice lor accounting and reporting by charities lapplicable lo ¢harities preparing their acLwnts in accordance with the Financial Rep)rting Slandard applicable in the UK and Republic ol Ireland IFRS 10211. I have no (xincems and have come auoss no oitrr mallers in conne10n wih th& examination lo 1¢h atlentson shwld bp drawn in this report in or(Jer ro enable a propw understanding ot the accounts lo be rea¢hgd. ,aT Cooper Parry Advlsory Llmlled Aissela 46 High Street Eshor Suriey Iff10 goy Dato:
HOUNSLOW WEST MENCAP UMITED STATEMEKf OF FINANCIAL ACTIVITIES IINCLUDING INCOME AND EXPENDITURE ACCOUPffj FOR THE YEAR ENDED 31 MARCH 2023 Note Unrestrlcted Funds Yur to 2023 Ye8r to 2022 Income: Local Authority Grams Fund Raising Other Income Inveslmern Itxome 117.951 414 55.670 364 117,951 414 55,670 364 116,656 70 22,9J1 67 Totsl Income 174 399 174399 139 694 Exp•ndlture on- Charitabl¢ activil 188.281 188.281 167,527 Total expenditure 188281 167527 Net Incomel(expendlture) and net movement In fund8 R¢conclliatlon ol fund$: Total lunds brought lorward 62,674 62.674 90,507 Tot•1 funds c•rrled toN•rd All ol the resuts derive Irorn corrtinuing activities. The Siaiement ol Financial Activities includes all galns arKI losses re¢xwniseé in the year. The notes on p8g&s 710 10 form part ol Iheso financial statements.
HOUNSLOW WEST MENCAP LIMrrED BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2W23 Noie 2D23 2022 Fixed assets: Tangible assets 10 Current assots: DebloTS Cash at bank and in hand 13,213 40,578 53,791 9,565 62,208 71,773 Creditors: Amounts lalliwJ due within one year 12 9,099 Net current a$8el8 Total assets l&s$ Current liabilities 48,792 62,674 Net astsets Funds Unrest¥led funds General Designated 13 13 20,051 28,741 23.933 38.741 Total lunds carrled foN•rd 48,792 62,674 Trustee statements requlred by the Companles Acl 2000 In approving these linaneial $ementS, the trusiees, who are directors lor the puOseS of company law, hereby confim= that Irx the year slated above the c(xnpany was enlrtled to the exernption Conleed by section 477 01 the Companies Act 2006., Ihal no notice has been deposited al the registered office ol ihe company pursuant lo secllon 476 ot the Compani&s Acl 2006 requesting that an audil be conduded IOT the year ended 31 March 2023; and that we aCknOedge our responsibilities lor complying wlth the requirements ol the Companw Act 2006 with respect to accounting records and the preparation of accounts. The linancial statements have been prepared in accordance wrth Ihe provisions ol Part 15 of the Compan*s Atx 2006 relating to small companles. The financial statements of Hounslow West Mencap Limited were approved and aulhorised for issue by the trustees on and Signed on its behalf by.. D A Tiylor Dlrector Company Regislration Number 03007539
HOUNSLOW WEST MENCAP LIMITED NOTES TO THE FINANCIAL STATEMEMfs FOR THE YEAR ENDED 31 MARCH 2023 General infomiation The Charity is a private company limited by gueantee. regtered in England Wales and a registered charity in Er4Jland and Wales. The compary's regislere(I numbw and reglslered oflice address is th'ssela. 46 High Slreel, Esher, Surrey. England Iff10 9QT. Statemenl of Compll•nce These finala1 slalem9nts have trmn prepared in compliance wilh FRS 102'The Finan¢Fal Rep)rting Standard appIatsIe to the UK anil Republic of IrelatKI', the Statement of Recommended Pra(Aice applicable lo charities preparing Iheir accounts in cordance wlh Ihp Finan¢ial Reporting Standards appli¢e In the UK and RepubliG ol Ireland IFRS 1021 ICharit¢es SORPI IFRS1021 Ihg Charities Act 2011. Hounsbw Wesl Mencap Limit&J meets thg dglinilion of a wblic benefit entty urKler FRS 102. A¢¢ovnllng pollcles The principal accounting w)licies are set below. The acLwntlng wlides have been adopted conslsienlly lttroughout the year. Bos1$ of preparlng the flnanclol stslpmgnls The financial statements have been prepared in aco)rdance vjrth AOuntIng and R8P)rting by Charili8s.' Statement ol Recommended Praclice applicable to charities preparing thM accounts in aCcOrdae with the Financial Reporting &andaTd applicable in the UK arwj Republic ol Ireland issued in October 2019. the Financial Reporting Standard appl¢cable in Ihe United Kingdom and Repu ol IrelaThJ IFRS 1021, Ihe Charities Act 2011, the Companles Act 26 and UK Generally Accepted Accounting Practice. The financial statements hav8 been preparaj under thè historical cost c£Jnvention and are prepared on a going concem basL8. Fk)unslow Wesl mtrp Limite<l meets tho delinilion ol a wblic tenglit entity uTrJgr FRS 102. Judgements and key source Qt estlm•llon un¢ert•lnty The preparalion ol Ihe1inancial statements requires managemeN fo make ju¢Jgements. esiimates and assumptions ihat affect th& amoun replvtecl. These estimates and jLKlgements are continually reviewed and are based on experience and olher factors, including expeclalions ol lulure events that are believgd lo be reasonable uThJer the circumstances. Golng concem The financial staternents have been prepared on a going ¢Mcern basis as irustees believe Ihal no material uncertainti&s exist. The trustees have consideTed the level ol funds held an(1 the expected level ol income eXndItu19 lor a minimum 12 months Irom the authorisation ol these linancial statements. The budgered Incc4ne arKI expendrtLwe is sufft*nl wilh the bvel ol reserves lor the tharity to be able to continue as a going concern. Income Income represerts grants, lees. luThSraising and interest on deposit account. The day unit provides week-day activities and training Iwhich is part funded by LoThJon Borough ol Hounslowl lor torough residents and others lor methally handicapped people. Exponditur• Expenditure is charged lo the statement ol fi'nancial aclivities on an arualS basis. Equlpment Purchases ol equipmpnl are written off in Ihg Slalemeni ol Financial ActNitie$ In the year of purchase. Depreclatlon DepreciatKJn is calculated so as to write off the cost ol an asset, less its estimated residual value, over the use1ul ets)nomic lrfe ol that asset as follows.. HouseMd buildiThJ imwovemenls Moior VehleS Fully depreciated 20% per annum on cost Flnanel81 Instruments Financial assets and linwKial liabilities are re¢cnI1 in the balance shget when Ihe company a party lo the conlractual Fyowsions ol the instrument. Trade an(J olher debtors and credrtors e classllied as bas financial instruments and rneasured al initial recognition al transaction kyice. Deblors and creditors are subsequently measure<l at amortised o)sl using Ihe ¢ffe¢tivg interest rale melhod. A provisK)n is established whèn there i8 objectfve ewdence that the charity will not able lo cotlect all amounts due. Cash arKI cash equivalents are classrfEd as basic linancial instrLrnenls mEISe cash in hand and cash al bank.
HOUNSLOW WEST MENCAP LIMITED NOTES TO THE FINANCIAL STATEMEWS FOR THE YEAR ENDED 31 MARCH 2023 Financial Ilabilities are classifièd in accordarce wrth the substance ol the contractual arraThJemenls entered into and the d8linition of a linancial liability. Fund strudure The funds held by the Trusl compnse.. unreSrnedgenera1lund$-the Yree. fu1$ held by ihe charty io use(1 In accorijance wilh the charita& otiecs al the discTelion ol the twstees (including clesignaled lundsl- RgslrKtedfvnds-lunds hdd lo be used only lor reslri¢Xgd pu0$05 within the objects ol the charty. RÈ5triLtions arise when spealied by donors and grant making b)dies or when funds are raised lor particular purposes. Legal Status of Ihe Charity The charity is a company lim¢éed by guarantee and has no share caprtal. The liability ol member in Ihe evenl of windiThJ- up is limled to a maximum £1. Taxallon The ¢hariiy is exemFI from lax on inc¢ and gains falling wthin seclion 505 01 Ihe Taxes Act 1988 or section 256 of the Taxation ol Chargeable Gains N£t 1992 to the extent that these are applied to its ¢haritle obpcts. Charftable Actlvllle Unreslrrcted Fund$ Year to 2023 Year lo 2022 Salaries & national insurance Careiaker & cleaner's salary Cost ol mtrals Transport ex)sts Minibus expenses CleanirrtJ & materials OLrtings and prolects Repairs and renewals Telephone & internet Insurance 'ght aTrJ heat Water rates Reni General expenses Governance cos15 Inole 71 DeprlatIOn 132.S31 132.531 121.147 3.840 4,908 1.739 3.693 227 12.812 1.735 1.611 7.620 614 10.466 3,976 2,509 2.198 187 3,293 1.078 149 5.446 2.572 991 3.463 1,270 19,865 2,828 3,040 4,908 1,739 3,693 227 12,812 1,735 1.611 7,620 614 10,466 3,976 188,281 167.527 Gev•rn•n¢• Costs Unrestrlcted Fund$ Year lo 2023 Year 10 2022 AdMinistratn lee Accountancy Payroll cosis 1.440 1.069 1.150 1.890 1.069 2,509 2.509 St•ff Cosls Unrestrlctgd Funds Year lo 2023 Year l( 2022 Salariès and wages Social security PerlOn 127,824 1,784 2,923 127,824 1,784 2,923 116,532 2,793 1,822 132.531 121 147
HOUNSLOW WEsf MENCAP UMITED NOTES TO THE FINANCIAL STATEMENfs FOR THE YEAR ENDED 31 MARCH 2023 Thgre ar8 no gmployegs who Te1Ved lotal ompfoyee benefits of more than £60,00012021'. nil) Average Nurnber of employees durlng Ihe yellr were as 10ll¢)ws: Year lo Year to 2022 Managemenl Other Tru¥leg remuneratlon and oxponses and koy management personnel No true&S or persons connecred wth tM receNed any emoluments Irom the charity in their role as Iruslees12022.' nill. No other trustees have received payment lor professional or other services provkjed lo the charty durlng Ihe year12022: nill. No iliViU41 exF•nws wero rgimbursed to trust885 during the year12022'. nill. 10. Tanglble Flxed Assets Household Bulldlng ImFwovem&nts Motor V•hl¢les Total Cost At 1 April 20 Addition At 31 March 2023 26,926 26,926 Depreclgllon At 1 April 2022 26,926 26,926 Provision At 31 March 2023 Nel Book V•lue Al 31 Mah 2023 Al 31 March 2022 The molor vehlcle u11115ed by the charlly whlch was fully depreclated was 8¢rapped durlng the year, the charlty no longer owns a vehicle. 11. Debtorg Year to 2023 Year lo 2022 Debtors & Prepayments 13,213 9,565 13.213 9565 12. credor Year to 2023 Yeor lo 2022 Taxation and social se¢urily Credilors and acttuals 3.?49 1,650 4,949 4,150 4,999 9,098
HOUNSLOW WEST MENCAP LIMED NOTES TO THE FINANCIAL STATEMEMfs FOR THE YEAR ENDED 31 MARCH 2023 13. Unrestrictod lund$ B•l•nce •t 0110412022 Bal•nc• •1 3110312023 Ye8r ended 31 Morch 2022 Income Expendlture Transfers General lur 174399 178281 Des¥Jned funds.. Gèneral Prowrty reseNe 3,747 35.000 3.741 25,000 10.000 Total unrestricted funds 62,674 174399 188281 Deslgn•ted property reseThe During the year Ihe charity Lllilised £10,000 on essenilal prq)ety mainlenance baving a bala¢ on Ihe r9$9Th¢ 01 £25,000. This is sel astde lo help towards Ihe p)ssible evenluality ol higher luture costs, having regard to the age aThJ condit)n ofj the building used by the charity, whtch is held on a lease from the local aulhority at the subsidised ground rent. 14. An•ly4$ ol net asset$ bthieèn funds As at 31 March 2023 and 31 March 2022 the net assets ol the chaTty were entirely attributable to unrestricied lunds. 15. Trustee$ ond other ffjl•ted partles Delails ol trustee emoluments and expeFWS are disclosed in note 9. Mrs H Tayloi, wtfe of Iwslee O A Taor was employed by Ihe charity as Certre Manager during Ihe year and Te1Ve gross wages of £18.200 the year. There are no olher related pty transactions to repl1. Operatlng leases Total future minimum lease payments UfKler non-cancellable owraling bases are as lollows: 16. 2023 2022 Not later than one year Later than one ancl not laier than Ibve years Later than live years 10,000 40.000 16.667 10,000 40.000 26.667 66,667 76,667 The total lease payments reccgnisexl as an expense is £10.46612022.' £19.8651. 10