SPLASH
(SOUTH
POPLAR &
LIMEHOUSE)
Financial statements for the
year to March
2024
Charity Reg Nos 1056985
Company Reg Nos 3222354

SPLASH ( South Poplar and Llmehouse )
Annual Report and Accounts for the year 1st Aprfl 2023 to 31*ar¢h 2024
Reference and Admlnistrative Inforniation
ststus The charity is constituted by a memorandum and articles of association as a
company limited by guarantee without a share capital
Trustees .' The following seNed as the Trustee5 for
the financial year to 31" March 2024
Muna Said Mohamed Ali
Moksudul Choudhury
Irene Felici
Lucilia Branco
Mar8ret Linda Thomas
Monica Mary Frost
Lucyjane Mc Lagan
Ann Lefold
Nadir Rahman
Registered Office
Wigram House
Community Centre
Wades Place
London E14,ODA
Reporting Accountants
Community Accounting Support Project
Dahir House
702 High Road
Leyton
London EIO,6JP
.Charlty ReElstration Nos
1056985
Company Reglstrdtion Nos
3222354
Page I

Trustees Report for the year to March 2024
SPLASH { South Poplar and Limehouse > is a charitable company limited by guarantee It was incorporated on 9 July
1996 and registered as a charity on 22nd July 1996
The Company was established under a memorandum of association which outlines the object5 and powers of the
charitsble company and It is governed by its articles of association which details its aims and objective5 as well as the
mechanlsm through which Its management committee or board of Trustees are elected
Objectives of the Charlty
To promote a cohesive and harmonious community
To continue the campaign for socially affordable housing and employment for all
To create and encourage a confident community in which people feel both safe and valued
To hold decision makers and those providtng servlces accountable to our community and to promote the
devolution of decision making in the community.
SPLASH Main area of activitles
Promoting SAFE (SPLASH Action for Employment)
Supporting a varied programme of community activities for all residents in the
P.oplar Ward Area. With focus on inclusion and diversity
Supporting Leaseholders in the SPLASH area
Monitoring Decent Homes Provision, helping tenants and leaseholders where possible
Extending dNersionary, educational and health projects for children and young people through focused
Youth Progrdmmes and developing the Friday Evening Project
Working to promote Partnerships- Community, College. Canary Wharf and Crossrail
Supporting the "Neighbourhood Planning Forum" in the Ward
Adopting the Poplar DLR Station
Four specific priorities are-
Housing
Training/Employment
Leisure facilities
Future of Poplar High Street
Our Funder5 in 202312024 Include
National Lottery
London Borough of Tower Hamlets Main Grant
East End Community Foundation IEECFI
London Marathon Foundation
GLA Young Londoner
Frank Haines Memorial Trust
Jack Petchey Foundation
Will Crooks TRA
Canary Wharf
Our sincere thanks and gratitude go to all our supporters fortheir valuable contributions
Page 2

For more information to support our work CONTACT
SPLASH Isouth Poplar & Umehouse )
Registered Charity 1056985
Company Umited 3222354
Look up Our website www.s
lashe14.com or ring 0207 987 0257 or emall us at
lashcommuni
outlook.com
ftlsk Assessment
The trustees actively review the major risks which the charity faces on a regular basis, and belleve that
maintaining reserves at the current levels, combined with an annual review of the controls over key financial
Systems will provide sufficient resources in the event of adverse circumstances.
The trustees have also examined the operatlonal and business risk5 faced by the charity and confirm that
they have established systems to mitigate the signifjcant risks.
Trustee's responslbilities in relation to the financial Statements:
Company law requires the trustees to prepare financial statements for each financial year which give a
true and fairview of the state of affairs of the charity at the end of the financial year and of its incoming
resources and applicatlon of resources, including income and expenditure for the financial year. In doing
so the trustees are required to".
I, Select suitable accounting policies and then apply them consistently:
2, Make judgements and estimates that are reasonable and prudent:
3, Prepare the financial statement5 on the going concern basis unless it is inappropriate to
presumethat the charity will continue in business.
The trustees are responsible for maintaining proper accounting records which disclose with reasonable
accuracy atany time the financial position of the charlty and enable thern to ensure that the financial
statements comply with the Companies Act 2006.
The trustees are also responsible for safeguarding the a55ets of the charity and hence for taking reasonable
steps forthe prevention and detection of frdud and other irregularities.
Reserve policy
It 15 the policy of SPLASH to maintain free reserves at a level which balances our objectives to develop and
support services with our need to remain financially stsble. A minimum level of free reser￿eS equating to
at least 4 months of total expendlture Is considered sufficient to cover management, administration and
support costs and to respond to emergency needs which arise from time to time.
Page 3

Public Benefft
The trustees confirm that they have referred to the guidance contained in the Charity Commisslon, general
guldance on public benefrt when reviewing the Trust's aims and objectives and in planning future actrvities.
Recruitment and appointment of Trustees
The appointment of trustees is by a majority vote of the members of the Annual General Meeting.
Trustee indurtion and training
New Trustees are given copies of the Memorandum and Articles of A550ciation and copies of previous
minutes and attend an introduction session given by an experienced Trustee.
Signed on behaEf of the board of Trustees
Mary Monica Frost {Trusteel
Signed....
Date
Page 4

Report of the Independent Examiner to the Tnjstees of SPLASH (South Poplar & L]meho￿e
Re: Financial statsments for the year ended 31 Marth 2024
Respertive responsibllltles of trustees and examiner
The Trustees are responsible for the preparation of the accounts. They consider that an audit is not
required for this year under section 144{2) of the Charities Act 2011 and that an independent
examlnation is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for
independent examination, it is my responsibility to:
examine the accounts under settion 145 of the 2011 Act:
to follow the procedures laid down in the general DITections given by the Charity
Commission under section 145(5}{b) of the 2011 Act; and
to stste whether particular matters have come to my attention.
Basls of Independent examinees report
My examination was carried out in accordan￿ with the general directions wen by the Charity
Commission. An examination includes a review of the accounting records kept by the charity and a
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
concerning any such matters. These procedures do not seek to express an audit opinion on the
accounts
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
{1) which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting ￿CordS in accordance with section 386 of the Companies Act 2006; and
to prepare accounts which accord with the accounting records, comply with the accounting
requirements of section 396 of the Companies Act 21J)6 and with the methods and
principles of the Statement of Recommended Practice: Accounting and Reporting by 30th
Charities
have not been met; orto which, in my opinion, attention should be drawn in order to enable
a proper understanding of the accounts to be reached.
Independent Examiner
A&$ q?rfrfe4
Mr Alex Davies
CASP
702 High Road Leyton
London EIO.6JP
th
Date..30 November 2024
Page 5

Sp￿1 { SOUTH POPLAR & LIMEHOUSE )
Anatysis of Restrirted And Unrestrirted Fund Movements Yearto March 2024
Unrestricted Restrlcted
notes Funds
Funds
Total
2024
Totsl
2023
IncomSnE Resources
Incoming Resouros from Charitable Artivities
Communlty & Social Projects
Youth Developrnent Projects
Splash Play
Income from Core activities
Total Incoming Resources
94,496
15,81YJ
9,290
94,496
15.800
9,290
6,7(X)
126,286
95,644
26,000
8,980
13,4(Kl
130,624
6,700
6,700
119,586
Resources Expended
Directly Charitable Activrties
Community & Soaal Projects
Youth Development Projects
Splash Play
Corè attivities
Total Re￿￿rCeS Expended
94,422
25.763
29.704
94,422
25,763
29,704
2,900
152,789
93.089
28.959
27,724
5,908
155,680
2,900
2,900
149,889
Net Incoming Resources for the year
3,800
30.303
26.503
25,056
Opening Fund Balan￿5 B/Fwd
41,944
129,469
171,413
196,469
Closing Fund Balan￿5 C/Fwd
45,744
99,166
144,910
171,413
Page 6

SPLASH ( South Poplar & Limehouse )
South Poplar and Limehouse Action for Secure houslng
Balance Sheet as at 31st March 2024
Total
2024
Total
2023
t￿te$
Tanglble Fixed Assets
515
915
515
915
Current Assets
Debtors
Cash at Bank
146,895
146,895
172,998
172,998
Total Current Assets
Current Liabilities
2,500
2.500
Total Current Liabilltles
2,500
Net Current Assets
144,395
170,498
Total Net Assets
144,910
171,413
Fund Balances c/wfd 31st March 2024
Unre5trirted
45,744
99,166
144,910
41.944
129,469
171,413
Restricted
Total
The trustses are satisfied that the company is entiltled to exemption under section 477 of the
Companies Act 2006 and no notice has been deposited under settion 476 of the act ￿queSting
that an audit be conducted for the period ended 31st March 2024
The Trustees acknowledge their responsibilities for:
{a) ensuring the company keeps accounting records which complies with the requirements of
section 386 of Companies Act 2006.
Ib} preparing accounts which give a true and fair view of the state of affairs of the company as at the
31st March 2024 and of its income and expenditure forthat finance year in accordance with the
requirements of section 393. and which otherwise comply with the requirements of the Companies
act relating to accounts x) far as applicable to the company.
The accounts have been prepared in accordan￿ with the special provisions applicoble to small
companies.
Approved on the 30th November 2024. And signed on behalf of Trustees
Mary Monica Frost
Trustee
Page 7

SPLASH ( ' outh Poplar & Limehouse )
Notes to the Accounts for year ended 31st March 2024
l Ac£ountlng Policies
AccountlnE Basis
a The Financial statements are prepared under the historic cost basis in accordance with applicable
accounting standards and in compliance with Statements of Recommended Practice Number 2
{ accounting by charities )
b The Charity's main source of income is from grant5 and donations.some income is also derived
from activities and seNices provided by the Organisation.
c Grants received for specific purposes are accounted for as Restricted funds and are applied in
accordance with the tem)s of the granL
d Income and expendrture relating to the activities have been taken into account on an accruals basis.
2 Analysis of Incoming Resour￿$
East End Community Foundation
London Marathon Foundation
ESOL FQI l Faithful Companions Jesus )
LBTH Main Stream Grant
National Lottery
Barking side REM
Frank Haines
Jack Petchey
London Youth
Canary Wharf & Limehouse Causeway
Wakefield
Private Donnors105mani Trust.Individuals,Will Crooks Ect
Tower Hill Grant
City Of London
NIP & Splash
Year 2024
21,770
15,800
Year 2023
10,500
26,000
8,280
45,065
23.391
9.314
9,600
1,800
10,500
3,000
7,800
1,800
4,399
1.615
4.665
15,500
4.CKJO
1,000
21,100
3,290
6,700
126,265
130,624
3 Resources Expended
Community & Social Projects
Youth Development Projetts
Splash Play
Core activities
Year 2024
94.422
25,763
29,704
2,900
152.789
Year 2023
93,089
28,959
27.724
5.908
155,680
Computer &
Office Equipment FIxtU￿ & Fittings
4 Tangible Flxed Asets
At Cost /Valuation
Accumulated Depreciation & Impairment Value
Opening balance Blfwd
Charge for the year March 2024
Cum Depreciatiuon Charge to date
21,084
4.783
20,650
200
20.850
4,302
200
4,502
Net Book Values 2024
234
281
Page 8

Notgs to the Accounts continued
5 Creditors fallin8 due within l year
Professional Fees
Social Security Costs
Year 2024
2500
Year 2023
2,50Q
2,500
2,500
6 Staff Costs
Staff costs during the year were as follows
Wages & Salaries
Social Security Costs
stsff Pensions
108,134
27,314
2,749
88,134
22,997
3,463
Average nos of Part time employees
Including sessional workers
13
13
7 The Trustees did not receive nor did they wave entitlement to remuneration during the year to
Marth 2024 and No reimbursements were made for travelling expenses during the stated period
8 As a registered charity the company is exempt from income & corporation tax on incorne derived
from its charitable activities as TL falls within the various exemptions available to registered
charities
9 Funding Structure Policy
The charity maintains a general unrestritted fund which represents funds which are expendable at
the discretion on the trustees in furtherance of the objectives of the charity
Restricted funds have been provided to the charity for particular purposes and it is the policy of the
board to monitor the 3pplication of those funds in accordance with the restrirtions placed upon them
Page 9