Financial statements for the year to March SPLASH (SOUTHPOPLAR & LIMEHOUSE ) 2025 Charity Reg Nos 1056985 Company Reg Nos 3222354
SPLASH ( SOLrrH POPLAR & UMEHOUSE) Annual Report and Accounts for the year I" Aprll 2024 to 31°March 2025 Reference and Administrative Information SL*us The charity is constituted by a memorandum and articles of association as a company limited by guarantee without a Share capital Trustees . The following served as the Trustees for the financial year to 31, March 2025 Muna Said Mohamed Ali Moksudul Choudhury. Irene Felici Lucilia Branco Monica Mary Frost Lucyjane Mc Lagan Ann Lefold Registered Office I Wigram House Community House Wades Place London SE6, 4AS Reporting Accountants Community Accounting Support Project Dahir House 702 High Road Leyton London EIO,6JP .Charity Reglstratlon Nos 1056985 Company Regi#ration Nos 3222354 Page I
Trustee< Report for the Year Ending March 2025 SPLASH (South Poplar and Limehouse} is a charitable company limited by guarantee. It was incorporated on 9 July 1996 and registered a5 a charity on 22 July 1996. The charity was established under a Memorandum of Association, which sets out its charitable objects and powers, SPLASH is governed by its Articles of Association, which define its aims and objectives and outline the procedures for electing its management committee, also known as the Board of Trustees. Objectives of the Charity SPLASH exists to sere and strengthen the South Poplar and Limehouse community through the following core objectives". To prornote a cohesive and harrnonious community, where people of all backgrounds feel a sense of belonging and mutual respect. To continue the campaign for socially affordable houslnE and employment for all, advocating for inclusive economic opportunities and secure, dignified living condition5. To foster a wnfident and resilient communlty, where individuals feel safe, valued, and empowered to parkncipate fully in civic life. To hold decision-makers and service providers accountable to our community, and to champion the devolution of decision-making power to local residents. Maln Areas of Activity In the year to March 2025, SPLASH continued to deliver a dynamic and inclusive programme of activities, rooted in community empowerment and lotal collaboration. Our key areas of focus included: Community Pro8rammes: We supported a varied calendar of activities for residents across the Poplar Ward, with a strong emphasis on inclusion. diversity, and intergenerational engagement. Youth Development: We expanded our diversionary. educational, and health-focused initiatives for children and young people, including targeted Youth Programmes. Employment Support: Through SAFE (SPLASH Action for Employment), we promoted acce55 to training, volunteering, and sustainable employment opportunities, particularly for those facing systemic barriers. Strategic Partnerships: We strengthened partnerships with local college and schools. community organisations, Canary Wharfstakeholders, DLR, EECF, and others, fostering joined-up approaches to local development and opportunity. Neighbourhood Plannlng: We attively supported the Neighbourhood Planning Forum in the Ward, enabling residents to shape the future of thelr area through inclusive, democratic processes. Page 2
Achievement5 and Performance In the year ending March 2025, SPLASH continued to make meaningful strides in supporting residents of South Poplar and Limehouse, with a strong emphasis on inclusion, empowerment, and local accountability. Key achievements included: Expanding Youth Engagement: Our Youth Programmes reached over 300 children and young people, offering safe Spa5. creative workshops, and health-focused activities. Strengthening Community Coheslon: We ran an intergenerational digital programme where young volunteers helped older residents build essential tech skills f05tering mutual respect, reducing isolation, and connecting generations. BoostinE Employment Pathways: Through SAFE (SPLASH Action for Employment>, we supported over 80 residents with tailored advice, CV support, and referrals to training and volunteering opportunities. A highlight was our community Job Fair, which welcomed over 150 attendees and featured 12 partÉcipating companies, creating dirett links between local tslent and employer5. Strategic Partnership5: We continue to Strengthen local collaboration, notably working wlth Canary Wharfto raise awareness and engagement around emerging opportunities in the Life Science5 Laboratory. Health and Wellbeing Promotion: We hosted dedicated Women's and Men's Health and Wellbeing Days, offering workshops, screenings, and peer-led discussions to support physical and mental health across our community. Neighbourhood Planning Leadership: SPLASH played a key role in convening and supporting the Neighbourhood Planning Forum, ensuring resident voices shaped local development prioritfes and planning consultations. These achievements reflect our commitment to building a confident, connected, and equitable community where residents feel safe, valued, and heard. Our Funders In 202412025 We are deeply grateful for the generous sUPPOrt and partnership of the following funders. whose contributions have enabled us to deliver impactful programmes across South Poplar and Limehouse: National Lottery London Borough of Tower Hamlets- Main Grant East End Community Foundation (EECF) GLA Young Londoner Frank Haines Memorial Trust Jack Petchey Foundation Tower Hill Limehouse Causeway Page 3
For more Infomiation to support our work CONTAcf SPLASH (South Poplar & Llmehouse Registered Charlty 1056985 Company Umlted 3222354 Look up Our webslte www.s lashe14.com or rin8 0207 987 0257 or email us at lashcommunit outlook.com Risk Assessment The trustees artlvely review the major risks facing the charity on a regular basis. They believe that maintaining reserves at current levels, alongside annual reviews of controls over key financial systems, provides a robust safeguard agalnst potential adverse circumstances. In addition, the trustees have examined the operattonal and strateglc risks associated with SPLASH'S activities and confirm that appropriate systems and procedure5 are in place to mitigate significant risks and ensure continuity of service. Would you like help drafting the Reserves Policy or Futu Plans section nextP I can also help tsilor this for regulatory compliance or funder expectations. Trustees. Responsiblllties In Relatlon to the Flnancial Statements Company law requires the trustees to prepare financial statements for each financial year that give a true and fair view of the charity's financial position at year-end. as well as its income and expenditure during the year. In preparing these statements, the trustees are requId to: l. Select 5uitsble accounting policies and apply them consistently 2. Make judgements and estimates that are reasonable and prudent 3. Prepare the financial statements on a going concern basis, unless it is inappropriate to assume the charity will continue operating The trustees are responslble for maintaining proper accounting records that disclose, with reasonable accuracy, the financial position of the charity at any time. This enables them to ensure compliance with the Companies Ae(2006. They are also responsible for safeguarding the charity's assets and for taking reasonable steps to prevent and detect fraud and other irregularities. Reserves Pollcy SPLASH maintains a reserves policy that balances our commitment to developing and sustaining .services with the need to ensure financial stability. The trustees consider a minimum level of free reserves equivalent to at least four months of total expenditure to be.sufficient. This level is designed to cover core management, administration, and 5UPPQrt Costs, and to provide a buffer for unforeseen or emergency needs that may arise. Pa8e 4
Public Benefit Th.e trustees confirm that they have had due regard to the Charity Commission's general guidance on public benefit when reviewin8 SPLASH'S aims and objectives and in planning its artivities for the year. Recruitment and Appointment of Trustees Trustees are appointed through a majorityvote of members at the Annual General Meeting {AGM). This process ensures transparency and community representation in the governance of SPLASH. Trustee Induction and Trdlnlng New trustees receive copie5 of the Memorandum and Articles of Association, along with previous meeting minutes. They also attend an induction session led by an experienced trustee to support their understanding of SPL4SH's governance and responsibilities. Signed on behalf of the Board of Trustees Mary Monica Frost (Trustee) Signed: ... Date: ... Page 5
Report ofthe Independent ExamiDer to the Trustees of SPLASH (South Poplar & Limehouse Re: Flnancial statements for the year ended 31" March 2025 Respe¢tlve responsibllltSe5 of trustees and examiner The Trustees a responsible for the preparation of the accounts. They conslder that an audit is not required for this year under settion 144{2) of the Charities Act 2011 and that an independent examination is needed. Havi satisfied myself th?t the charfty is not subject to audit under company law and is eligible for independent examination, it is rny responsibli ty to: examine the accounts under section 145 of the 2011 Ac(" to follow the procedures laid down in the general Direction5 given by the Chaiity Commission under settion 145{5)(b) of the 2011 Act: and to state whether particular matters have come to my attention. Basls of Independent examiAees report My examination was carried out in accordan with the general direttions given by the Charity Commisslon. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of ary unusual items or disdosures in the accounts, and seeking explanations frorn you as trustees conmIng any suth matters. These procedures do not seek to express an audit opinion on the accounts Indepemlent examiner's statement In connettion with my examination, no matter has come to my attentlon: (l) which gives me reasonable cause to believe that in any material respect the requlrements: to keep accounting records in accordan wlth sectlon 386 of the Companies Act 2006: and to prepare accounts whlch accord wlth the accounting records, cornply with the accounting requirements of sectlon 396 of the Companies Act 2IK16 and with the methods and principles of the Ststement of Rècommended Prattice: Accounting and Reporting by 30th Charities have not been met: or to whith. in my oplnlon. attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Independent Examiner Mr Alex Oavie5 CASP 702 High Road Leyton London EIO,6JP Date..3(yh November 2025 Page 6
SPLASH {SOUTH POPLAR & UMEHOUSE ) Analysis of Restrkted And Unrestricted Fund Movements Yearto March 2025 Unrestrlcted Restricted notes Funds Funds Totsl 2025 Total 2024 Incoming Resources Incoming Resource5 from Charitable Actsvitses Community & Soclal Projects Youth Development Projects Splash Play Income from Core attivities Total Incoming Resources 105,217 40.2 42,597 105,217 40,200 42,597 94,496 15,800 9,290 6,700 126,286 188,014 188,014 Resources Expended Dlrertly Charitable Actlvities Community & Social Projects Youth Development Projects Splash Play Core activities Totsl Resources Expended 2,600 94,282 27.038 29,617 96,882 27,038 29,617 1,903 155,440 94,422 25.763 29.704 2,900 152,789 4,503 150.937 Net Incoming Resources for the year 4,503 37,077 32,574 26.503 Opening Fund Balan5 B/Fwd 45,744 99,166 144,910 . 171,413 Closlng Fund Balances C/Fwd 41241 136,243 177,484 144,910 Page 7
SPLASH ( South Poplar & Llmehouse ) south Poplar and Llmehouse A¢tipn for Secure houslng Balance Sheet as at 3tst Marth 2025 Total 2025 Totsi notes Tangible Fixed Assets 215 515 215 515 Curmnt Asets Debtors Cash at Bank 181,772 18L772 146,895 146,895 Total Current Assets Current Liabilitles 4,503 Totsl Current Llabllltles 4.503 2,500 177,269 144,395 Totsl NetAssets 177A84 144.910 Fund Balances clwfd 3tst March 2025 Unrestricted 41,241 136.243 177.484 45.744 99,166 144,910 Restrfcted Totsi The trustees are satisfied that the company is entlltled to exemption under settion 477 of the Companles Att 2006 and no notice has been deposited under section 476 of the act requesting that an audit be conducted for the period ended 31st March 2025 The Trustees acknowledge their responslbilities for {a) ensuring the company keeps accounting record5 which complie5 Wlth the requirements of Section 386 of Companies Act 2006. (b) preparing accounts which give a true and fair view of the state of affairs of the company as at the 315t March 2024 and of its income and expenditure forthat flnance year in accordance wlth the requlrements of section 393, and whith otherwise comply with the requirements of the Companies act relating to accounts so far as applicable to the company. The accounts have been prepared in accordarKe wlth the special provisions applicable to small companles. Approved on the 30th November 2025. And signed on behalf of Trustees Mary Monica Frost Trustee Page 8
Notes to the Accounts for year ended 31st March 2025 l Accounting Polides 2 Anatysls of Incomlng Resour East End Community Foundation London Marathon Foundation LBTH Main Stream Grant Nation31 Lottery Barking side REM Frank Haine5 Memorial Trust Jack Petchey White chapel A5D London Youth Canary Wharf & Llmehouse Causeway Wakefield Private Donnors (Osmani Trust,Individuals,Will Crooks Ert Tower Hill Grant NIP & Splash Year 2025 25,000 Year 2024 21,770 15,800 38,893 82A17 23.391 9.314 9,600 1,800 8.40D 1.800 12,200 10.500 3,000 430 4,100 5,000 9,374 21,100 3,290 .6,700 126,265 188.014 3 Resources Expended Q)mmunity & Social Projects Youth L)evelopment .ProJects Splash Play Core activities Year 2025 96.882 27,038 29.617 1,903 155.440 Year 2024 94,422 25,763 29,704 2.900 152.789 Computer & offi Equlpment Fixture & Fttings 4 Tangible Fixed Asets At C05t / Valuation Accumulated Depreclation & Impairment value Opening balance B/fwd . Charge for the year Cum Depreaatiuon Charge to date 21,084 4,783 20,850 150 21.000 4,502 4.652 Net Book Values 2025 84 131 Page 9
Notes to the Accounts contlnued 5 Creditors falllng due wlthln l year Professional fees Accruals Year 2025 Year 2024 1,903 4,503 . 6 Stsff Costs Staff costs during the year were as follow5 Wages & Salaries Social Securty Costs 5tsff Pensions 90,162 26,005 1.663 108,134 27.314 2,749 Avera8e nos of Part tlme employees Includlng sesslonal workers 7 The Trustees dld not receive nor did they wave entitlement to remuneratlon during the yearto March 2025 and No reimbursements were made fortravelling expenses during the ststed period 8 As a registered charity the company is exempt from income & corporation tax on Income derived from its charitable activities as tt falls within the various exemptions available to registered charities 9 Fundin8 Structure Policy The charity maintsins a general unrÈstritted fund which represents funds which a expendable at the discretion on the tru5tee5 in furtherance of the objettive5 of the charity Restrlcted funds have been provided to the charity for particular purposes and It is the poliry of the board to monitor the application of those funds in accordance with the restrictions placed upon them Page 10