HOUNSLOW WEST MENCAP LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 HOUNSLOW WEST MENCAP LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Registered Charily No. 1045130 Company No. 3th)7539 Cooper Parry Advisory Ltd Skyv Argosy Road East Midlands Airport Castle Donnlngton Derby DE74 2SA
HOUNSLOW WEST MENCAP LIMITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTENTS PAGE Legal and administratlve details Report of the Tru8tee8 Indèpendent Examinerfs R8POrt ststement of flnanclal 8CtNltle8 Balance sheel Not88 to the ffnanclal statements 7-10
HOUNSLOW WEST MENCAP LIMITED OFFICERS AND PROFESSIONAL ADVISORS Dir9Ctorsrfrustse$ D A Taylor (director and trusteè) W Coven8y {director and trustee) J Howliston (director and trustee) C McK8rnan-Wink (director and trusteo) Hon. Treasurer D A Taylor Rogl8tered Office Cooper Parry New D8rw8nt House 69-73 Theobalds Road London WC1X 8TA Charlty Number 1045130 Company Numbor 3007539 Accountants and Indopond•nt Examlnorn Cooper Parry AdvSs0ry Ltd Sky Vlew Argosy Road East Midlands Alrport Castle Donnington Derby DE74 2SA Bank•r8 Caf Bank Limitèd Klngs Hlll W88t Malling K8nt ME19 4JQ
HOUNSLOW WEST MENCAP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trustees. some of whom are also thè directors of th& company for the purposes of the Companles Act. present their annual report and the flnandal statements for the year ended 31 March 2024. Structure Govemance and Mana ment Status The ¢h8rity's governing instNm8nl 18 the CoMpanS MeMcandUrn & Artic18s of Association. Th8 charity is manag8d by its trustees. who are also comp8ny dirOr$, through Ils Executfve Committoe. The Exethe Committ89 shall not be more than twelve members. At the end of 8ach annual general meeting 811 Executlve Committee members shall retir8 from office but they may be re-elected or re-appointed. The charity is afso a MpanY limited by the guarant88 of Its m8mb8rs. it has no thare capal. The liability of each member in the evgnt of wlndlngryup is Ilmiied to 8 maximum £1. Rlsk Management The trustees have examined the major risks whlch the charity fac8s and 88ek to control these risks to mitigate any Impact th8t they may have on the charfty. The princlp81 charlty objective 18 to promote the care, tr8alm8nt 8nd education of mentally handicapped chldren and 8dults In the Hounslow area of Greater London and to secure for mentslty handicapped people, provlslon comm8nsurat8 with théir needs. The Tru$tg8s have h•J regard to tho Charttos Commi88ion's guidanc8 on publlc benefft. Durlng the ye8r the charity was supported by grants and rental subsidy by th8 London Borough of Hounslow. hl•v nd The charity has contlnued to suc(898fully furthgr its Charitable oblectfves durfng the year. The trustses will continu? to strive to maintaln the service provided to meet the increaslng negds of the servlce users. The trustees consider the financial pjslllon at the year-end to be satisfactory sublect to ongolrvj dlscusslons wlth Hounslow Borough Councll regardlng Increasing the grant which h88 not en increased slnce 2010 and inflationary pre5sure8 rm the costs of the charlty hav8 to date been covered out of reserves. The net loss for the ye8r was £22,299120231088 £13.883) the increased loss over last year refleds the impact of inflationary increases over the18St several years a$socl8ted wlth runnlng Ihe cenlre which hav& not ba&n p88s6d on to the gr8nl provld8r8 or to thos8 attending the centre. Management 18 worklng to re8olve th1$ for future years to malntaln a 8m811 lèvel of annual profttablllty. The cherty's pollcy Is to hold rèserves sufficient to cover six months operational expendlture. The reseryes throughoul the year and 8t the year4nd fell short of th1$ policy but now the Gentre 18 fully rewopen th@ charity is worklng to rebuild th8 r8sarves to the r&guirad level. The r8serves include 8 designated prr)perty r&8erve, of whlch the charfty utlllsed £4,000 on 8s89nti81 property m8intenan¢e leaving balance on the reseNe of £21.000 as a provlslon against further property maintenance costs in the future. Dlr•ctor5rrru8te88' res onBlbllltles 8 ment The trustees (W are also directors of Hounslow Wgst Mencap Llmtted for the purposes of company lawl are rosponsible for preparing the Trustee5' Report and the finand81 statsments in accordance with applicable law and United Klngdom Accountlng St8ndards (Un Klngdom Generally Accepted Accountlng Practlce). Company law requires the tru5te8s to prepore financlal statements for each financial year which glve a tru8 and falr view of the slate of affalrs of the charitable company and of the incomlng resources and application of resources, Induding the Income and expendlture of the charitable company for the year. In preparing thèse financial statements, the trustees are required to: Seleca suitable accountlng polkies and then apply them conslstently- Observe the method$ and pri1P[88 in the Charilies SORP: Make judgments and estimates that are reasonable and prudent., State whether applicable UK Accounting Standards have beèn followed. subject to any material departures disclosed and explained in the financial statements; Prepare the financlal statements on the going concern basi5 unless It is inappropriato to presume that the charftable company will continue in op8r8tion. The twsteos are responsible for keeping adequale accounllng words Ihat disdose with rEa5c8ble accuracy 8t any time the finanGi81 position of Ihe charltable company and enable them to ensure that th8 financial statements comply wlth the Companies Act 2006. Ttr are a150 responsible for safeguardlng the assets of the charilable company and hence for taking reasonable steps for the prevention aTrJ detecilon of fraud and other irregulariti85.
HOUNSLOW WEST MENCAP LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The truslees are responsibK9 for the malnt8nance and in19grity of the corF()rate and finan¢ial information Included on th8 charitable company's websile. L8gislation in the United Klngdom govaming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. èm This rewi has been prepared in accordance with the provisions applicable to charftles subject to the companies regime within Part 15 of the Companies Act. Signed on Behalf of the Trustees Approved by th8 trustses on 16 Dec 2024 D A Taylor Dlrector and Trust
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF HOUNSLOW WEST MENCAP LIMITED YEAR ENDED 31 MARCH 2024 l port to the charfty trustee5 on my examlnatlon of the accounts of the company for the year ended 31st March 2024 whlth are set out on p8ges 4 to 8. Responslbllltle8 and basls of report As the ¢harity tnjstees of the company (and also its directors for Ihe purposes of company lawl you are resportsible for the prgparation of the accounts in accordance with the requirements of the Companies Act 2006 (Ihe 2006 Act'l. Havlng satlsfiad myself that the accounts of the MpanY are not required to be audlted under Part 16 of the 2006 Act and are ellgible for ind8p6nd8nt èxamination, I report in respect of my examination of your Gompany's accounts as Gatried C under section 145 of tha Chadtles Act 2011 fthe 2011 Act,). In canylng out my examlnatlon I have followed the Dlr&ctlons glven by th8 Charty Commlsslon under sedon 145{5)Ib) of tha 2011 Act. Independent examlnèr'8 Statoment I have ¢(Thpl8t8d my gxamination. l nffirM that no mattsrs have come to my ali8ntion in connection with the oxamination giving me Cause to lieve that in ary mat8rl81 resp8d: accountlng records were r#)t kept In re9pect of the company as requlred by 8ectlon 386 of the Act: or the accounts do not accord wrth those records; or the accounts do not comply wlth the accountlng requlrements of sectlon 396 of the 2006 other th8n any rgqulrement that the accounts give a 'true and falr vi8w' which Is not a matter consldered as part of 8n ind8p&nd8nt 8xamlnatlon; or the accounts hav8 not b88n prepared In accordance wlth the methc*Js and PTincip188 of th8 Stal8mènt of Recommended Practlc8 for 8c¢ounling and reporting by charitles lapplicable to charitles preparing their accounts in accordance wilh the Financial Reporting Stand8rd 8ppIIc8ble In the UK and Republlc of Ireland (FRS 10211. I have no concerns and have come across no other matters In connection with the examlnatlon to whlch attentlon should be drawn In this rèport in order to ena8 a prOr understanding of the accounts to be reached. Coop•r Parry Advl$ory Ltd Sky Vièw Argosy Road East Midlands Airport Castle Donnington Derby DE74 2SA Dat•:
HOUNSLOW WEST MENCAP LIMITED STATEMENT OF FINANCIAL ACTivrriES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 Note Unr•strlcted Funds Year to 2024 Yearto 2023 Incom•: Local Authority Grants Fund Raising Other Income Inv6slm8nt Incomg 116,656 3,766 63,368 531 116.656 3,766 63.368 531 117.951 414 55,670 Total Incom? Expondlturo on: Ch8ritabl8 actlvlties 198,880 206.620 188.281 Total eXndItr¢ 188281 Net Incomo1(•xpendltur•l and not movement In fund8 .114,599) .{22,299) Reconclllatlon of funds: Totsl funds brought forward 20,052 48,792 82,674 Totsl fund• ¢orrl•d forward All of the results derive from ntInuing activilles. The Statement of Flnancl81 Actlvltles include8 all gains and losses recognlsed In the year. Tha notes on pagè8 7 to 10 fom part of these flnand818tatements.
HOUNSLOW WEST MENCAP LIMITED BALANCE SHEET FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Fixed a8sets'. Tangible assets 10 Curr•nt assets: Dèbtors Cash at bank and in hand 11 28,350 14,535 42.885 13.213 53,791 Credltors: Amount5 falllng due within on8 year 12 Net currènt assets 26.493 48.792 Total essets1888 current liabllities 26,493 48.792 N•t a880ts Funds Unrestrlcled fund$ General Designated 13 13 5,493 21,0(KJ 20,051 28,741 Total funds earrfed forward 26.493 Tru8t•o stat•m•nts r•qulr•d by th• Compan1•$ A¢t 2008 In approving these finBnclal 8tstemenl8, th8 trustges, who are dlrectors for the purposes of company law. hereby confirm.. that for the year st8tgd above the company was entitled to the exemptlon nferr9d by secuon 4T1 of th8 Compani88 Act 2006; that no nollce has been depostted al the reg18teTrd offico of tho company pursuant to Sectlon 476 of th8 Companles Act 2006 requesllng Ihol an audlt be ¢ondu¢led for the year ended 31 March 2024,. and that we acknowledge our respon8ibllltles for o)mplying with the requlram&nts of the Companles Act 2006 with respect to 8ccountlng records and the preparation of accounts. The financi81 statements have been prepared in accordance with the provlslons of Part 15 of the Companies Act 2006 re18tlng to Small companles. The ffinanclal statements of Hounslow West M8ncap Llmlted w8re 8pproved and aulhorised for issue by the trustee3 on 18 Dec 2024 end slgn&d on Its behalf by: D A Taylor Dlro¢tor Company Registration Number 03007539
HOUNSLOW WEST MENCAP LIMITED NOTES TO THE FINANCIAL 8TATEMETrifs FOR THE YEAR ENDED 31 MARCH 2024 General Inlomiatlon The charity is a private company limf(ed by guarantee, registered in England and Wales and a registered charity in England and Wales. The company's registered number and registered office addre$$ is New D8rwont Housg, 69-73 Theobalds Road, London. England, WC1X 8TA Statsrnent of Compllance These financlal stgtements have been PT8par8d In compliance wlth FRS 102 'Th8 Finan¢i81 R9PQrting Stsndard applble to the UK and RepUblC of Ireland.. the Statement of Recommended Practice applicable to tharilies pparing t1r acunt8 in accordance wlth the Fin8nci81 R8porting Standards appIable in the UK and Republlc of Irelgnd IFRS 102) (Charities SORPI (FRS1021 and th8 Charftles Act 2011. Hounslow West M&ncap Llmlted meet8 Ihe definition of a publlc b8nefit entity under FRS 102. Accountlng pollcle8 The princlpal accountiry polldes are 5gt out below. The accounting policies have been adopted conslstenly throughout the year. Ba$ls ol preparlng tho flnanclal statements The ilnanaal ststements have been preparad In accordance wlth Accountlng and R8POrting by Charlles.. Slat8ment of Recommended Practlce applicable to ¢h8riti&s preparfng their accounts in accordance with Ihe Financial R8POrtlng Standard applicabla in the UK and Republlc of Ireland issuéd in Octob8r 2019. Ihe Flnancial Reportlng Standard appllcable In the United Klngdom and Rèpublic of Ireland {FRS 102), the Charlt16s Act 2011, thè Companies Act 2006 and UK Generally Accepted Accountlng Practice. The financlal statom&nts have been prepared under the hl8tortcal cost conv8n11 and are prepar8d on a g0Sng concern bas18. Houn8low West Mencap Llmited moets the defSnltlon of a publlc beneflt entlty under FRS 102. Judg•m•nts and koy •ourc• of estlmatlon un¢•rtalnty Th8 preparation of the financlal slalements rèqulr88 management lo make judgements, esllm8t88 and assumptions that affect the 8mounts r8port8d. These estimates gnd judgements are continually r8VieWgd and are based on experienc6 and other factors, Includlng expectations of futur8 èV8nts that are believed to be re8son8ble under the circumstances. Golng conc•rn The financial statements have been prgpared on a golng concem bas18 as th8 trustees beligve that no m8t8rlal uncertelnlles exlst. Th& trustees have considered the level of funds held and th8 exp8Cted18vel of income and exp8nditur8 for a minimum 12 months from the authorls*lon of these financial statements. The budgetad income and exp8ndlturg18 sufficlent wlth tho level of r8sèrves for th8 charity to be 8ble to continua 88 a going concern. In¢omo Income represonts grants, fees, fund-ralslng and Interest on deposlt account. The day unit provldes vffjek-day tltIeS and training (which is part funded by London Borough ol Houn8lowl for l)orough resldents and others for ment81ty handlwped peopl9. Expfrndlture Expenditure is charged to th8 St8lemenl of financlal activiti88 on an accruals bas18. Equlpmènt Purchases of equlpment are written off In thg Ststement of Flnancial Activltles In thg ygar of pUh9$9. Depreclatlon Depre¢iatlon Is calculated so 8S to wrSte off the cost of 8n a1. less its estimated residual value, over the useful economlc Ilfe of that asset as follows.. Household bullding Improvements Fully d8preciated Flnanclal Instrument8 Financial assgts and financial liabilities are recognised in the balance sheet when the company becomes a paty to the contractual provisions of the instrum8nt. Trade and other debtors and creditors are classified as basic financial instruments and measur8d at initial recognition at transaction price. Debtors and creditors are subsequenlly measured at amortised cost using the effective interest rate m8thod. A provislon is establishBd wh8n there Is obJectSve evldence that the charity will not be able to collect all amounts due. Cash and cash equivalents are classlfied as basic financial instruments and Comprlse Cash in hand and cash at bank. Flnanclal Ilablllties ara classified in accordance with the sutslance of the contractual arrangements entered Snto and th8 definition of a financial Ilablllty.
HOUNSLOW WEST MENCAP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Fund Structure The funds held by the Trust LmprIse.. Unrestricted g8neral fvnds- the 'free' funds held by the charity to be used in accordance with the charitsble objects at the discretion of the trustees (including designated funds). R8slncted funds- funds held to be used only for restricted purposes withln the objects of the charlty. Restrtctlons arfs8 when specified by donors and grant making bodies or when funds are raised for particular purposes. Legal statu8 of tho charlty The charlty Ss a company Ilmited by guartea and has rK) share cgpital. Thg Ilablllty of e8ch member in the gvent of winding- up18 lThlted to 8 maximum £1. Taxatlon The charlty Is exempt from t8x on Income and galns falllng wlthln sectlon 505 of th8 Taxes Act 1988 or sectlon 256 of the Taxatlon of Chargeable G81ns Act 1992 to the extent that these ara applied to its charit8bl6 objects. Charltable Actlvltlèo Unro•trlctod Fund8 Yoar to 2024 Year to 2023 S818rlgs & natlonal In8urencg Cost of m8als Transport costs MlnSbu8 expenses Cleaning & materia16 Outings and projects Repalrs and rgnewgls Telephone & Int&rnet Insurance Light and heat Water rates Rant General exp8ns8S Govem8n¢e ¢ts (note 7) Depre¢iati¢)n 137.093 9.270 17,083 137.093 9.270 17,083 132,531 3,840 4.908 1.739 3,693 227 12,812 1.735 1,811 7,620 014 10,466 3,976 2,509 5,983 162 56 1,741 844 11.287 744 5,000 6,194 3,423 5.983 162 4,056 1,741 15.027 744 5,000 8,194 3,423 198880 206.620 188 281 Governanca Costs Unrogtrfctod Fund8 Y¢ar to 2024 Year to 2023 Admlnistr8tion f88 Accountancy Payroll costs 1,350 2.073 1,440 1.440 1.069 Staff Costs Unrestrfcted Fund8 Year to 2024 Yearto 2023 Salaries and We$ Social security Pensk)n 130,697 2.937 3.459 130.697 2.937 3.459 127,824 1,784 2,923 137.093 137.093 132,531 There are employees who received total employee benefits of more than £,000 (2023: nil)
HOUNSLOW WEST MENCAP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Average Number of gmpk)yees durlng th• year were a8 follows: Year to 2024 Yearto 2023 Management Other Tru8ts0 remun•ratlon and axpen*g6 and key m•n•gement personn81 No trustees or p8r80ns conn8ded with them recelved any emoluments from thg charity In their fole as tru8te8s {2023: nil). No other trustses have received paymant for professlonal or other seNic8s provided to the charliy duriro th8 y8ar12023: nlll. No indlvidual expenses w9re reimbursed to trust8e8 during the y8ar12023: nil). 10. Tanglbh Flx•d A880ts Hou8ehold Bulldlnq Improvèmènts Motor Vehlclg8 Total Cost At 1 Awil 2023 Addltlon At 31 March 2024 26,926 26,926 26.928 Depraclatlon At 1 April 2023 26,928 26.926 Provlslon Al 31 Mar¢h 2024 Net Book Value At 31 March 2024 At 31 March 2023 Any repairs lo th8 prop8ty In the year have been fulty expensed In the year, 8 minibus is now rented on a daily basis rather than owned and maintalned by the charty. 11. D•btorn Yoar to 2024 Year to 2023 Debtors & Prepayments 28,350 13,213 28,350 13,213 12. Credltors Year to 2024 Yearto 2023 Taxation and s181 serity Credllors and accruals 8.967 7,425 3.349 1.650 16.392
HOUNSLOW WEST MENCAP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 13. Unrestrlctsd fvnds Balanco at 0110412023 Year ended 31 March 2024 Balan¢e at 3110312024 Incoma Expendlture Transfers General funds 20.052 184.321 198.880 5.493 Designated funds: G8n8ral Prop8rty reserve 3.741 25,OC(I 28.741 (3,741) 21,000 21000 7,741 Totsl unrestricted funds D•slgnatsd property re$eThe During the year th8 charity utlllsed £4.000 on essential prc¢)érty malntenance leaving a balance on the propety reserv8 of £21.1).This is sel aside to help towards tho possible eventuality of hlgher future costs. havlng regard lo the age and ¢onditlon of th8 building used by Ihe charity. which is held on a le89e from the local authority at th8 subsidlsed ground rent. Analy81s of n•t a•80ts b•lwwi funds As at 31 March 2024 and 31 March 2023 the net assets of the chadty were entlrely attrlbutsble to unr8stricted funds. Tru8ts08 and other relatsd part108 Detai18 of tru81e8 emoluments and &xpen808 are dlsclosed in nots 9. Mr8 H Taylor, wlf8 ol Iruslee D A Taylor was employed by the ¢harity as Centre Manager during the year arKI recelved gro$$ wages of £20,040 for the year. There are no othèr related paty transactlons to report. Operatlng lease8 Total future mlnimum188se payments under non-c8ncellable operating leas88 are as follow8: 14. 1& 16. 2023 2023 Not later than or* year Later than one and not later than five years Later than five ye8rs 10,000 40.000 6,667 10,1)00 40.ChXI 16,667 56,667 66.667 The total lease payments recognised as an exp8nse is £5,00012023: £10.4661, the amount is lower Sn the year due to overpayments in prior years. 10