2024-12-31-accounts

Charity registration number 1051770 (England and Wales> WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Constance Jackson Janet Bagby Michael Brown Renee Kuo Rev Jennrfer Mills-Knutsen Charity director Alex Brown Charity number 1051770 Principal address V¥thitefield Memorial Church 79A Totlenham Court Road London W1T4TD Independent examiner Wesl & Bery Limited Nile House Nile Street Brighton BN1 1HW Bankers Royal Bank of Scotland 119-121 Victoria st￿et London SW1 E 6RA

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) CONTENTS Page Truslees, report Slatement of trustees, responsibilities Independent examiner's report Slatement of financial activities Balance sheet Slatement of cash flows 10 Notes to Ihe financial statements

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and financial statements for the year ended 31 December 2024. The financial slatements have been prepared in accordance with the accounling policies set oul in nole 1 to the financial statements and comply with the charity's goveming document. the Charities Act 2011 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). Objectives and activities The charity's objects are the relief of the poor. handicapped and aged, the advancement of education through the provision of training for employment and the relief of sickness by the provision of counselling to persons dependent on drugs or alcohol. The Imiitefield Charity SK Corporation (Soup Kitchen London) is dedicated to allevialing food povety and promoting mental well-being amongst those experiencing homelessness, hardship or social isolation across London. The charity provides free nutritious meals, clothing and essential support within a safe and welcoming environment lo hundreds of vulnerable people each day. Through our on-site mental heallh clinic, we offer counselling and therapeutic support lo individuals affected by poor mental health. addiction or trauma. helping them on their joumey toward recovery. The Iruslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Activities for Achievin Ob"ectives Our primary activities include operating a soup kttchen from wthin the American Inlemational Church. We serve hot, nutritious meals, distribute supplies and foster a sense of belonging to approximately 240 people daity. We continue to operate a nfrappointment-necessary mental health drop-in dinic to address the mental health needs of our guests. Guests also receive access to clothing and toiletries. as well as legal advice and therapeutic activities, such as yoga, to support their overall well-being. The charity ulilises 8-10 volunteers daily and welcomes thousands of different volunteers annually, including many from corporate partnerships. Their contribution of time, skills and resources is invaluable to the running of our services. The Trustees express their sincere gratitude to all individuals and corporate partners who have generously contributed food, clothing, supplies, time and financial support throughout the year. Our wot* would not be possible without the commitment and generosity of our donors and volunteers. whose support enables us to serve hundreds of people in need each day. Volunteers We utilise 8-10 volunteers daily to assist us in our v￿rk. The charity is extreme￿ grateful for the generous efforts of our volunteers, who give up their time and energy to help us serve and support our guests. Annually we ulilise hundreds of volunteers. The Trustees offer their sin￿re gratitude to all the volunteers who have helped us in 2024.

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievements and perfonnance Achievements and Perfonnan¢e in 2024 Throughout 2024, our focus remained on providing vital support to hundreds of vulnerable and marginalised people each day. Alongside our core work. we made meaningful progress in several key areas: Mental Health Support: Demand for our on-site mental health clinic remained high throughout Ihe year, reflecting the growing need for accessible and immediate support. Plans were set in motion to increase the number of opening days, allowing more guests to access counselling when they need it most. Employment Pathways: In September, we launched Home Kitchen, a social enterprise restaurant in Primrose Hill, co-founded by our Director. Guests of Ihe Soup Kitchen were recruited, trained and employed at the London Living Wage while gaining qualifications in catering and hospitality- Guest Services- We strengthened our guest services by appoinling a dedicaled Clothing Coordinator, maintaining our volunteer-led legal dinic and continuing a varied programme of therapeutic and social aclivities, including film screenings, bingo sessions and community outings. Outreach: Our outreach work expanded significanty. with teams providing food. clothing and support to rough sleepers in key central London areas. including Tottenham Court Road. Oxford Street, Soho, Lei￿ster Square, Trafalgar Square and The Strand. Infrastructure: We secured funding for the refijrbishment of our indoor guest spa￿, which will create a more comfortable, efficient and welcoming environment for those we support. Thanks to the generosity of our corporate partners, we also seCU￿d funding to refurbish our kitchen. As the number of guests we serve continues to grow, this upgrade is vrf(al to expanding our capacity and keeping pace with the increasing need in our communty. Volunteers: Corporate volunteer engagement continued to grow, with new and retuming partners giving Iheir time, skills and resources lo support our mission. Their commitment helped power our day-lo-day work and deepened relationships that are vital to our long-temi success. Fundraising: We remain deep￿ grateful to the many organisations. trusts and individuals whose generosity makes our work possible. In particular, we acknowledge the vital support of the Zurich Community Trust, Bloomberg LP, Derwenl London. Krafl Heinz, Homebase, Dash Water, KIND Snacks, Grove End Housing, A. Mussarat, J. Abrahart. Raymond James, Lavazza, the Worshipful Company of Fanmakers, the Joan Ainslie Charitable Trust, the American Intemational Church, Proskauer Rose, Citibank, St Giles & St George, Wonderhood Studios, the DLL Group. Avanade, Apollo Global Management, United Talent, GAIL'S Bakery, Pret, Lity's Pet Food, Cty Hatvesl, Vegware and Vodafone, amongst many olhers. Their continued partnership and generosity have played a crucial role in sustaining and expanding our services throughout the year. The Trustees extend their heartfelt thanks to everyone who has supported the charity this year, whether through donations of food, clothing or supplies or by giving their time and skills. The compassion and generosity of our donors, volunteers and staff remain at the core of our mission and daity wotk.

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Future Plans Looking ahead to 2025 and beyond, the Trustees have identffied the following priorities.. Cabin Refurbishment: Complete the fijll refurbishment of our indoor guest area {the Cabin}, with upgraded equipment and seating, improved lighling and a ￿configured layout to enhance comfort. accessibility and the overall guest experience while creating a More functional environment. Mental Health Services- Wrth addttional funding. we aim lo expand our mental heallh drop-in clinic. enabling more guests to access counselling and support when they need rt most. Employment Pathways: Continue developing the Home Kitchen model to provide more of our guests the opportunity to train, work and build confidence. We also aim to explore new income and employment models, such as food slalls and smalkscale catering services. Volunteer Management- Introduce a fvll-time Volunteer Coordinalor role to oversee all aspects of volunleer engagement, simplrfy scheduling and make sure that volunteering continues to play a key role in our fundraising and community impact. Sustainable Funding: Strengthen our long-temi sustainability by growing unrestricted income through modest corporate volunteering fees, wider donor support in the UK and US and consistent growth in granl funding. Outreach: Expand our Street Outreach programme to reach more people across London, including rough sleepers, older adults and Ihose wilh disabilities who cannot attend the Soup Kitchen. making sure they have access to food, dothing and compassionate support. Advocacy: Build on our integrated model of food, mental hea￿h and employment to demonstrate how holistic, person-centred support can help our friends transition from crisis to slability- Over the next year, we plan to share our leaming more widety Ihrough partnerships, presenlations and reports, so others can benefit from the progress we've made in combining immediate care with lasting opportunity- Financial review Financial Summa Income for Ihe year lotalled £558.267 (2023= £517.618). and of this £131.71012023.' £65.4741 related to restricted funds. At the balance sheet date the Charity had restricted fund balan￿S of £166,000 (2023= £148.253) and general funds of £302,736 {2023= £344,491). In line with the reserves policy, the Trustees have allocated general funds above 6 months, budgeted expenditure to a Capital Fund for fulure projects. At the balance sheet dale £95,336 {2023.' £136,791) was held in Ihe Capital Fund. Goin Concem After making appropriate enquiries, the Trustees have a ￿aSonable expectalion that the Charity has adequale reSoUr￿S to continue in operational existence for the foreseeable future. For this reason they continue to adopt the going concem basis in preparing Ihe financial statements.

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Reserves Poli The Charity will maintain an average of 6 months operating expenses based on the yearfs budget. Amounts above this will be allocated to a capital fund in anticipation of future projects that help the Charity expand its reach, supporting more beneficiaries and providing more services. The balan￿ of unrestricted reserves at the year end was £207,400 (2023.. £207,700)- Plans for fulure periods Future Develo ments The Trustees remain committed to feeding, dothing and providing mental health support to the most vulnerable in our society. We aim to continue offering a safe and inclusive environment for all who need it. As part of our future plans we are exploring Ihe possibilty of expanding our kitchen to accommodate the growing number of homeless and vulnerable individuals who rety on our ServI￿S each day. Recognising the ever increasing demand, we are also considering introducing an additional day of service, allowing us to open each day oflhe week. In line with our commitment to long lem impacl we plan lo enhance our job training and placement programs. By working closety with our corporate partners. we aim to offer more comprehensive employment opportunities, including the possibility of apprenticeships and mentorship programs that can provide our guests with the skills and confidence they need to re-enler the workforce. Furthermore, we are exploring essential facilities such as showers, toilets and laundry services. These are critical needs for rough sleepers in London and providing these amenib'es would significanlty improve their quality of life. Lastly, we are committed to expanding our outreach inttiatives with the goal of reaching more individuals in need. This may include the development of mobile ServI￿S that can bring food, dothing and support directly to those unable to visit our facilities. Structure, governance and management Constitution The Whitefield Charity SK Corporation is a company registered in the State of Deal ware USAwhere it is recognised as a charity under the name Whitefield Charity SK Corporation. The Corporation is registered with the Charity Commission in the Unrted Kingdom, charity number 1051770. The charity is govemed by its By-laws, which were arnended and restated on 12th May 2016. The trustees who served during the year and up to the date of signature of the financial statements were.. Constance Jackson Janet Bagby Michael Brown Renee Kuo Rev Jennifer Mills-Knutsen

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Method of A ointment of Election of Trustees The Charity's management is the responsibility of the Truslees who are elected and co-opted under the terms of the by-laws. Trustees serve a tem) of three years and must be elected and qualrfied. New trustees are given a full induction to the Charity and their responsibilities under Charity Law. Trustees are also encouraged to volunteer at the soup kitchen. anisalional Slructure and Decision Makin The Board of Trustees comprises five tnjslees, headed by the Board Chair. The maximum number of Iruslees allowed is eleven. The Trustees are responsible for the overall managemenl and control of The Whitefield Charity SK Corporation and meet 6-8 times annualty. At all meetings of the Board of Trustees. the presen￿ of a majority of the total number of Trustees authorised at the time of such vote shall constitute a quorum for the transaction of business. The day-tfrday running of the Charity is delegated to the Director. who is supported by staff. The Trustees consider that Ihey, along with Ihe Director of the Charity, comprise the key leadership personnel of Ihe Charity. The Trustees give their time freety and the pay of the Diredor is set by the TTUStees {and subject to annual review)- The trustees, report was approved by the Board of Trustees. Conslance Jackson Trustee 3011012025 Date..

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are responsible for preparing the Trustees. Reporl and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi￿1. The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each rinancial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources ofthe chanty forthatyear. In preparing these financial statements. the trustees are required to= select suitable accounting policies and then apply them consistentty., observe the methods and principles in the Chartties SORP- make judgements and estimates that are reasonable and prudent- slate whether applicable accounting standards have been followed, subject lo any malerial departures disclosed and explained in the financial statements., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. The truslees a￿ responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charilies Act 2011, the Charity {Accounts and Reports) Regulalions 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other i￿egUlarities.

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WHITEFIELD CHARITY SK CORPORATION I report to Ihe truslees on my examination of the financial statements of Whitefield Charity SK Corporalion {the charity) for the year ended 31 December 2024. Responsibilities and basis of report As the Iruslees of the charity you are responsible for the preparation of the financial statemenls in accordance with the requirements of Ihe Charities Act 2011. I reporl in respect of my examination of Ihe charity's financial statements carried oul under seclion 145 of the Charities Act 2011. In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5}Ibl of the Charities Act 2011. Independent examinerfs statement Since the charity's gross income exceeded £250.000 your examiner must be a member of a body lisled in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants. which is one of the lisled bodies. Your attention is drawn to the tsct that the charity has prepared the financial statemenls in accordance with the relevant version of the Statement of Recommended Practi￿ applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) in preference to Ihe Accounling and Reporting by Charities= Statemenl of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done in order for the finanual statements to provide a true and tsir view in accordance with UK Generally AC￿pted Accounting Practice. I have completed my examination. I confimi Ihal no matters have come to my attenlion in connection with the examination giving me cause to believe that in any material respect- accounting records were not kepl in respecl of the chartty as required by section 130 of the Charities Acl 2011. the financial statements do not accord with those records.. or the financial statemenls do not comply with the applicable requirements conceming the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requiremenl Ihal the financial slatements give a true and fair view, which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examinalion to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. D Westbury FCCA MieAel/e We¢tbury FCCA West & Berry Limited Nile House Nile Street Brighton BN1 1HW Date.. 3111012025

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Notes Income from: Donations and legacies Inveslments 422,102 4,455 131.710 553,812 4,455 448,353 3,791 65,474 513,827 3,791 Tolal income 426,557 131,710 558,267 452,144 65,474 517,618 Expenditure on: Raising funds Charitable activities 651 467,661 651 581,624 1,545 417,544 1,545 487,167 113,963 69,623 Tolal expenditure 468,312 113,963 582,275 419,089 69,623 488,712 Net incomel{expenditure) and movement in funds {41.755) 17.747 {24.008) 33,055 (4,149) 28,906 Reconciliation of funds- Fund balances at 1 January 2024 344,491 148,253 492,744 311,436 152,402 463,838 Fund balances at 31 December 2024 302,736 166,(KiO 468,736 344,491 148,253 492,744 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 1110 23 fomi part of these finanual statements.

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes Fixed assets Tangible assets 13 118,516 120,179 Current assets Stocks Debtors Cash at bank and in hand 14 15 10,000 37,392 10.000 348,261 368,154 378,154 395,653 Creditors: amounts falling due within one year 16 (27.934) {23,0881 Net current assets 350,220 372,565 Total assets less current liabilities 468,736 492,744 The funds of the Charity Restricted income funds Unrestricled funds 18 19 166,000 302,736 148,253 344,491 468,736 492,744 The notes on pages 11 to 23 forrn part of these finanual statements. 3011012025 The financial stalemenls were approved by the trustees on Conslance Jackson Trustee

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes Cash flov￿ from operating activities Cash generaled from operations 22 26,587 3,118 Investing activities Purchase of langible fixed assets Investment income received (11.1491 4.455 (28,0101 3,791 Net cash used in investing activities (6,694) {24,219) Net cash generated from financing activities Net increaselldecrease) in cash and cash equivalents 19,893 {21,101) Cash and cash equivalents at beginning of year 348,261 369,362 Cash and cash equivalents at end of year 368,154 348,261 The notes on pages 1110 23 form part of these finanual statements. 10-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Charity infonnation itefield Charity SK Corporation {working name. Soup Kitchen) is a registered charity with the Charity Commission in England and Wales. The charity's aim is to combat food poverty as sel out in the Trustees, Report. The principal address of the charity is Whilefield Memorial Church, 79A Tottenham Court Road, London W1T 4TD. 1.1 Basis of preparation The financial stalements have been prepared in accordance wilh the charity's goveming documenl, the Charities Act 2011, FRS 102 'The Financial Reporting Stsndard applicable in the UK and Republic of Ireland" I"FRS 102.1 and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance wtth the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019)- The charity is a Public Benefit Entity as defined by FRS 102. The financial ststements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required lo provide a true and fair view. This deparlure has involved following the Stalement of Recommended Practice for charities apptying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is Ihe funclional currency of Ihe charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern Al the time of approving the finanual statements, the Iwslees have a reasonable expectalion Ihal the charity has adequate resources to continue in operational existen￿ for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial slatements. 1.3 Charitable funds Unreslricled funds are available for use at the discretion of the trustees in furtherance of their charitable objeclives. Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes. The purposes and uses of the designaled funds are set out in the notes to the financial slatements. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds a￿ set out in the notes to the financial statemenls. Endowment funds are subject to specffic condtlions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charity is legalty entitled to it after any perfomiance conditions have been met, the amounts can be measured reliabty. and tl is probable that income will be received. Cash donations are recognised on receipt. Other donats'ons are recognised once the charity has been notified of the donation, unless perfomiance conditions require deferral of the amounl. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. 11

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (Continued) Legacies are recognised on re￿Ipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. Gifts in kind donated for distribution are induded at valuation and recognised as income when they are distributed to the projecls. Gifts donaled for resale are included as income when they are sold. Imiere Ihe donated good is a fixed asset, it is measured at tsir value unless il is impractical to measure this reliably, in which case the cost of the item to the donor is used. The gain is recognised as income from donations and a corresponding amount is included in the appropriate fixed asset class and depreciated over the useful economic life in accordance wilh the charity's accounting policies. On receipt, donated professional services and facilities are recognised on the basis of Ihe value of the gfft lo the charity, which is the arnount it would have been willing to pay to oblain the services or facilities or equivalent economic benefit on the open market., a corresponding amount is then recognised under expenditure in the period of receipl. Interest receivable on funds held on deposit is included when receivable and the amount can be reliable measured by the charity,. Ihis is nomially upon notification of the interest paid or payable by the institution with whom the funds are deposited. 1.5 Expenditure Expenditure is recognised On￿ there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expendilure is classified by activty. The costs of each aclivty are made up of the tolal of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated direclly lo that activity. Shared cosls which conlribute to more than one activity and support cosls which are not attribulable to a single aclivtty are apportioned between those aclivilies on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreualion charges are allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the charty to raise funds for its charitable purposes and includes cosls of all fvndraising activilies, events and non-charitable Irading. Expenditure on charitable activities is incurred on directty undertaking the activities which further the charity's objectives, as well as any associated support costs. 1.6 Tangible fixed assets Tangible fixed assets are initialty measured at cost and subsequentty measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Propety improvements Kilchen equipment Other equipment 10Yo reducing balance 20% reducing balance 20Yo reducing balance The gain or loss arising on the disposal of an asset is delemined as the difference be￿een the sale proceeds and the carrying value of the asset, and is recognised in the Statement of financial activities. 12-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (Continued) 1.7 Impaimient of fixed assets Al each reporting end dale, Ihe charity reviews Ihe carying amounts of its tangible assets lo delemine whether there is any indication that those assets have suffered an impaimient loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss {rf any). 1.8 Stocks Stocks are stated at the lower of cost and estimated selling price less costs to complele and sell. Cosl comprises direct materials and. where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimaled selling price less all estimated costs of completion and costs to be incurred in marketing, selling and dislribulion. 1.9 Cash and Cash equivalents Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-temi liquid inveslments with original malurities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Financial instruments The charity has elected to appty the provisions of Section 11 '8asic Financial Instruments, and Section 12 'Olher Financial Inslrumenls Issues. of FRS 102 to all of tls financial instruments. Finan￿81 instruments are recognised in the charity's balance sheet when the charity becomes party lo the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legalty enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or lo realise the assel and settle the liability simultaneously. Basic financial assets Basic financial assets, which indude debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequentty carried at amortised cost using the effective inlerest method unless the arrangemenl constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities. induding creditors and bank loans are initialw recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of Ihe future payments discounted at a market rate of interesl. Financial liabiltties classified as payable wiihin one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in Ihe ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one year or less. If not, Ihey are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of financial liabilities Financial liabilities are derecognised vthen the charty's contractual obligations expire or are discharged or cancelled. 13-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (Continued) 1.11 Ernployee benefits The cosl of any unused holiday entr(lement is recognised in Ihe period in which Ihe employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to temiinate the employment of an employee or to provide termination benefits. 1.12 Retirement benefits Paymenls to defined contribution retirement benefft schemes are charged as an expense as they fall due. Critical accounling estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions aboul Ihe carying amount of assets and liabiltlies that are nol readily apparent from olher sources. The estimates and associated assumptions are based on historical experien￿ and other factors that are considered lo be relevant. Actual results may differ from these estimates. The estimates and undertying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimates are recognised in Ihe period in which the estimate is revised where Ihe revision affects only thal period, or in the period of the revision and future periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted Restricted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donated goods and services other 193,360 228,742 193,360 360,452 166,505 281,848 166,505 347,322 131,710 65,474 422,102 131,710 553,812 448,353 65,474 513,827 Donations and gifts Individuals Corporate Online giving and gift aid Trusts and foundations Groups and churches 173 123,331 76,324 7,000 21,914 173 185,831 76,324 72,000 26,124 547 120,714 110,899 17,000 32,688 547 177,714 110,899 17,000 41,162 62,500 57,000 s5,C￿0 4,210 8,474 228,742 131,710 360,452 281,848 65,474 347,322 Donated goods and services Included in the £193,360 total are food. kitchen supplies and items for distribution. 14-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donations and legacies (Continued) Volunteers Like most charities, Soup Kitchen is reliant on a team of volunteers. Each day the charity has the support of belmeen 8 - 10 volunteers who help to serve and support the guests who use the ServI￿S provided by the charity- Over a year this adds up to the help of hundreds of volunteers. In accordance with the Charities SORP, due lo Ihe absence of any reliable measurement basis. the contribution of these volunleers is nol recognised in the accounts. Income from investments Unrestricted Unrestricted funds funds 2024 2023 Interest receivable 4,455 3,791 Expenditure on raising funds Unrestricted Unrestricted funds funds 2024 2023 Fundraising and publicity Advertising other fundraising costs 80 1,465 651 651 1,545 15-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on charitable activities Charitable activity 2024 Charitable activity 2023 Direct costs Staff cosls Depreciation and impaimient Other slaff costs Food Items for distribution Kitchen supplies Psychologist services Outreach Other direcl costs 170,638 9,271 36,078 146,068 60,212 41,372 17,024 3,592 1,712 160,770 10,208 41,484 70,668 51,346 20,545 21,004 2,957 289 485,967 379.271 Grant funding of activities (see note n 21,900 Share of support and governance costs (see note 8) Support Governance 90,377 5,280 81,196 4,800 581,624 487,167 Analysis by fund Unrestricted funds Restricted funds 467,661 113,963 417,544 69,623 581,624 487,167 Grants payable Charitable activity 2023 Grants to institutions.. Home Kitchen Diner CIC 21,900 Home Kitchen Diner CIC aims to be a social impact restaurant through recruiting, training and qualifying people from the homeless community to work wtthin the restaurant that it runs. The donation made in 2023 was to cover training cosls for three recruits. 16-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Support Costs allocated to activities 2024 2023 staff costs Depreciation Travel expenses Light and heat Repairs and refuse 31,911 3.541 9,533 13.679 13,802 31,905 2,408 5,698 10,024 13,867 k li Professional fees Office expenses Insurance Compuler costs Bank charges Sundry expenses Governance costs 3.468 2,551 946 8,713 1.612 621 5.280 4,378 2,269 911 7,907 1,579 250 4,800 95.657 85,996 Analysed between: Charitable activity 95,657 85,996 Net movement in funds 2024 2023 The net movement in funds is stsled after chargingl{crediting)= Fees payable for the independent examination of the charity's financial Statements Depreciation of owned langible fixed assets 12,812 12,616 10 Trustees None of the trustees (or any persons connected wilh them) received any remuneration or benefits from the charity during the year orthe prior year. 11 Employees The average monthly number of employees during the yearwas.. 2024 Number 2023 Number Soup Kitchen Office and administration Total 17-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Employees (Continued) Employment costs 2024 2023 Wages and salaries Social security costs other pension costs 191,374 8,274 2,901 184,259 6,067 2,349 202,549 192,675 Included in wages and salaries above is £46.982 {2023= £71.751) of agency costs. There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneration of key management personnel includes employers national Insuran￿ and pension contributions, and was as follows.. 2024 2023 Aggregate compensation 63,811 60,346 12 Taxation The charity is exempt from tsxation on its aclivities because all its income is applied for charitable purposes. 13 Tangible fixed assets Property improvements Krtchen equipment Other equipment Totsl Cost At 1 January 2024 Additions 140,000 30,808 2,950 1,797 8,199 172,605 11,149 At 31 December 2024 140,000 33,758 9,996 183,754 Depreciation and impairnient At 1 January 2024 Depreciation charged in the year 31,458 9,271 19,864 2,582 1,104 959 52,426 12,812 At 31 December 2024 40,729 22,446 2,063 65,238 Carrying amount At 31 December 2024 99,271 11,312 7,933 118,516 Al 31 December 2023 108,542 10,943 694 120,179 18-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Stocks 2024 2023 Finished goods and goods for resale 10,000 37,392 15 Debtors 2024 2023 Amounts falling due within one year: Other debtors 10,000 16 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Trade creditors Other creditors Accruals and deferred income 3.016 11,712 7.986 5,220 3,016 5,739 9,533 4,800 27,934 23,088 17 Retirement benefit schemes 2024 2023 Defined contribution schemes Charge to profit or loss in respect of defined conlribution schemes 2,901 2,349 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independentty administered fund. 19-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specrfic conditions by donors as to how they may be used. At 1 January 2024 Incoming resources Resources expended At31 December 2024 Stripe Zurich Derwent London Mental Health Initiative St Giles & St George Camden Giving Raymond James I Saints French Huegenol Church Downer Turner Real Estate Virgin Managemenl Joan Aisle Charitable Trust bert Hunl Trust London Borough of Camden Grove End Housing Trust 19.282 52,038 (19.2821 {24,2691 (1.0001 {18,3881 (10.8141 {10,0001 (10.0001 {4,2101 {3.0001 15001 {5,0001 (2,5001 {5.0001 46,000 1.000 73,769 18,388 10.814 22.000 18.846 12,000 18,846 10,000 4,210 6.885 3,885 500 5,000 5,000 5,000 20,000 35,000 2,500 20,000 35,000 148.253 131,710 (113.9631 166,000 Previous year: At 1 January 2023 Incorning resources Resources expended At31 December 2023 Stripe Zurich Derwent London Mental Health Initiative The Harfey Street Health Centre St Giles & St George Camden Giving Raymond James I Saints French Huegenot Church Other donations 25.070 43.589 8,000 24.858 2.000 10.814 22.000 10.000 (5,7881 (31,5511 {15,0001 {6,4701 (2,0001 19,282 52,038 40,000 7.000 18,388 10,814 22,000 18.846 10,000 2,474 6,000 (1.1541 (2,4741 (5,1151 (711 6.000 71 6,885 152.402 65,474 {69,6231 148,253 -20-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Restricted funds (Continued) Restricted funds are as follows: Stripe- funds received for psychologist services Zurich - funds received for food, kitchen supplies, Mental Health Worker, security costs, rubbish and recycling Derwent London - funds received towards Welcomers, salary costs, food. rubbish and security costs Mental Health Initiative - funds received for Mental Health Worker St Giles & St George- funds received for Head Chef salary Camden Giving- funds received for Employment Training Raymond James - funds received for kitchen and food supplies, items for distribution, refuse and outreach All Saints - funds received for Menlal Health Worker French Huguenot Church - funds received for food and employment training for home kitchen project Downer Tumer Real Estate - funds received for food supplies Virgin Management- fijnds received for Mental Heallh Worker Joan Aisle Charitable Trust- fijnds received for food supplies Albert Hunt Trust - funds received for food and kitchen supplies London Borough of Camden - fijnds received for kttchen refurbishment Grove End Housing Trust- funds received for kitchen refurbishment 19 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subjecl to specific condilions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the Iruslees for specific purposes. At 1 January 2024 Incoming resources Resources expended Transfers At31 December 2024 Capital fund General funds 136,791 207,700 (41.4551 41,455 95,336 207,400 426,557 (468,312) 344,491 426,557 (468,312) 302,736 Previous year- At 1 January 2023 Incoming resources Resources expended Transfers At31 December 2023 Capital fund General funds 133,586 177,850 3,205 (3.2051 136,791 207,700 452.144 (419,0891 311,436 452.144 (419,089) 344,491 Capital ftjnd - fvnds designaled by the trustees for future projects. 21

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Analysis of net assets between funds Unrestricted funds 2024 Restricted funds 2024 Total 2024 At 31 December 2024: Tangible assels Current assetsllliabilities} 118,516 184,220 118,516 350,220 166.000 302,736 166.000 468,736 Unrestricted funds 2023 Restricted funds 2023 Total 2023 At 31 December 2023: Tangible assets Current assetsllliabilities} 120,179 224,312 120,179 372,565 148.253 3H,491 148,253 492,744 21 Related party transactions Transactions with related parties During the year the charity entered into the followng transactions wtth related parties= In the year a payment of £520 was made to Home Kitchen Diner CIC for the Soup Kitchen staff Christmas meal. The CIC is considered a related party on the basis that tl was co-founded in 2023 by the charity's director. A Brown. The transaction was conducted at arms length. In the previous year, a donation of £21.900 was made to Home Kitchen Diner CIC by Soup Kitchen to cover training costs for three recruits. -22-

WHITEFIELD CHARITY SK CORPORATION SOUP KITCHEN (WORKING NAME) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 22 Cash generated from operations 2024 2023 IDeficit)Isurplus for the year (24.0081 28,906 Adjustments for: Investment income recognised in statement of financial activits'es Deprecialion and impainnent of tangible fixed assets {4,4551 12.813 13,791) 12,617 Movements in working Capital: Decreasellincreasel in stocks Decreasellincreasel in debtors Increasel{decreasel in crediiors 27,392 9.999 4,846 {24,442) {10,000) {172) Cash generated from operations 26,587 3,118 23 Analysis of changes in net funds The charity had no material debt during the year. -23-

En¢yro Audit Trail Tamper Verification To check if this file has been modified after being signed, please go to: httPS'.Ilwww.encyro.comlmylesignlverify Upload the file. The result will indicate if the file contents have been tampered with. File 1 of 2: whi100 - Soup Kitchen Accounts for the YE 31 Dec 2024 - for approval.pdf Signed By Signer: Connie Jackson ([e-mail]) Identity Check: Login with account Signature Type: Hand Drawn (finger or stylus on a touch screen or pad) Time Zone: UTC-05'.00. Americalchicago (Central Daylight Time) Signer: Michelle Westbury ([e-mail]) Identity Check: Login with account Signature Type: Typed Time Zone: UTC-OO'.00. EuropelLondon (Greenwich Mean Time) Event Log Oct 30, 2025, 5:35:11 PM - Email notification sent io Connie Jackson {[e-mail]). Oct 30, 2025, 5:35:22 PM - Email notification delivered to Connie Jackson ([e-mail]. Oct 30, 2025, 6:03:03 PM - Connie Jackson (connie@southemfoc(l.org) opened the email notification (estimated), from 66.249.80.1. Oct 30, 2025, 6:11:48 PM - Connie Jackson ([e-mail]) viewed the documentls), from 72.215.132.38. Oct 30, 2025, 6:15:17 PM - Connie Jackson ([e-mail]) electronically signed or completed the document(sl. from 72.215.132.38. Oct 31. 2025. 8:36:21 AM - Michelle Westbury ([e-mail]) viewed the document(sl, from 86.170.250.221. Oct 31. 2025. 8:36:52 AM - Michelle Westbury ([e-mail]) electronically signed or completed the document(sl. from 86.170.250.221. Oct 31. 2025. 8:37:13 AM - Email notification sent to Michelle Westbury ([e-mail]). Oct 31. 2025. 8:37:13 AM - Email notification delivered to Michelle Westbury ([e-mail]). END OF LOG