ENFIEI LD MEP4CAP (A Company Limited by GuArantee} REPORT AND FINANCIAL ATEmENTs FOR THE YEAR ENDED 31sr MARCH 2024 Company number: 3400850 Charity number: 1068861
ENFIELD ME4 NCAP REPORT AND FINATr4CLIL STATEMKP4TS FOR TItE YEI AR ENDED 31ST LVL4RCH 2024 CONTEI NTS Page Ti'ustees, report Jdependenl Ac¢ountants' report Siatement of financial activities Balance sheet Cash Flow Statement Notes to the financial statements 10- 17
[ITrlFIELD MENCAP TRUSTEES, REPORT FOR THE YEAR ENDED 31ST MARCH 2024 The trltstees pregent their report together with the unaudited financial statements for the year ended 3 1st March 2024. REFERENCE AND ADMINISTRATIVE DETAILS Enfield Mencap is limited company number.. 3400850 a registered charity number.. 1068861 Bo&i'd of TrusteeslDireclors The following individuals are Ihe Trustees, also Directors, who r¥ed during the year and who continue to serve: John Watson (Chair) Anna Pakouta Blairine Kandolo (From 22. November 2023) Stuart Liv¢miore (To 8th November 2023) Adrian Byrne (To 17Eh October 2023) Compllny Seci'etary Sai'ali Biiiiei'field Chief Executive ol¢er Dean Dennis Registere(l Office Bounces Road Community Hall l Foxglove Close Edmonlon N9 8LW Independent Ei ximinei, S. Francis-Joseph FCCA Anthony Joseph & Co. Limited Chartered Certified Accounlanls Stevcnag¢, Herts. SG12DX Bankers HSBC PO Box 131. l The Town Enfield EN2 6LD
ENFIEI LD MENCAP TRUSTEEI S, REPORT FOR THE YEAR ENDED 31ST MARCH 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT IncorporRtion The charity is acharttable ¢ompany limited by guarantee and was incorporated on 91h July 1997. It is governed by a Mernorandum and Articles of A55ociation which were last amended in February 2005. 115 objects are to ¢arry out activities to improve the lives of people with a learning disability, their families and carers in the London Borough of Enfield and adjacent boroughs and counties. Boai'd of Trustees The charity is governed by a Board of Trustees elected from the membership. The Board has the power to co-opt non-executive tnembcrs during the year whose appointment is then subject to the approval of the membership at the next annual general meeting. In recruiting new trustees and members of the Board, existing tNstees and management consider appropriate skillsets needed to enhancc the effective governance and operation of Enfield Mencap. Triistees are provided with an induction following their appointment. The Board of Trustees employs a Chief Executive Officer lo manage the org2nisation on a day io day basis. The Chief Executive Officer reports dii'ectly to Ihe Board of Trustees which meets every siy to eight weeks. An Operations Manager supei'vise5 front line operation5 l'epoi'ting to the Chief Executive Offtcer. Individual prograinmes and projects have an appointed lead with non- executive authority. Affiliations The charity is affiliated to the Royal Mcncap Society. RISK ASSESSMENT The ti'ustees have reviewed the cliarity's exposure to risk and in tl)c view of its aims and mode of operation consider I'isks to be minirnal and that no a¢tion needs to be taken al present. The exposure is reviewed periodically. OBJECTIVES AND ACTIVITIES Tlie charity's objectives as slated in tlic goveming do¢uinenl a. The i'elief of people with 8 learning disability in particular by the provision of help and support for them and their families, dependLnls and ¢arers and to prevent learning disabilities for th¢ public benefit; To provide or assiyt in the provision of facilities for the recreation or other leisure time occupation for people who hAve need tFLereof by reason of learning disability with the object of improving their conditions of life. The charity seeks to irnprove the IIVBS of people with a learning disability. their parents and carers in whatever way it can. To this end, it provide5 a range of day opportunities for young people and adults witb a learning disability. These activities are described in more detail later in this report The ti'ustees continue to cai'ry out tl)e aims of )field Mencap for the public benefit witliin the definition of the cliarity's objectives and tlie Charity Commission guidance on Cliarity Tnttes, piiblic beneflt a¢lÈvities. This is fully illiisti'ated in the objectives Clause.
ENFIELD IIIENCAP TRUSTEES, REPORT FOR THE YEAR INDED 31ST MARCH 2024 ACHIEVEMENTS AND PERFORMANCE We continue to work on efficien¢i&8 without compromise, eificiencies whilst makiThg improvements alld to this aim we have been making progress. Bnfield Men¢ap remains focused on supporting adults with a learning disability to live & more fulfilled life thi'ough activities and different experiences. A personalised appi'oa¢h to each member means that we explo a range of activities that all are welcome to try. Bnfield Mencap continu¢s to benefit gTeatly from working in parthership with the Royal Mencap Society aThd Enfield Council. SATURDAY RESPITE We aim to reinlroduce this servi¢¢ once fijnding has bccn seeured.
EI NFIELD IIIIENCAP TRUSTEEI S, REPORT FOR THK YEAR ENDED 31ST MARCH 2024 STAFF TEI AM The staff team has colllinued to show passion, quality and commitment in its work during this year of refocus and economic challenge. The leam members have been challenged develop themselves further as well as ihe service itself and encouraging results are starting to show. The Board of Trustees recognises the great etTort the team members have all put in and would like to take this opportunity to express its thanks and gratitude to all of them. SENIOR MANAGEMKNT TII AM Dean Dennis ChrislittL Dvnuldson Sarah kjutterfield Chief Executive Officer Operations and Service Manager Finance and Administration Officer FINANCIAL REVIEW The Incoming Resources for the year of £725,445 w&8 higher than that of the previous year which was £696,226. The conti'ibulory factor was the increase in income from the Day & Evening Services. This in¢rease in the fees fi'om the Day & Evening Services is attributable to the change to the pre pandemic operation levels. The Resources Expended for the year was £693,224 and thai for the previous year was £676.292. The increase in Ihe level of expenditure reflects the level of activity carried out in the year under Irview. The net effect of this is an excess of income over expenditure for the year of £32,221. The previous year's i'esults was a sui'plus of £19,934, The results for Ilie year indicates Ilie organisalion's deienni118tion to deliver its services iii the given ¢ii'¢umstances and within the resource5 available. The organisation Continues in its effort in monitorin¥ its operational costs, operating within ils resources and at the same lime reviewing its incorne streams. This to ensure thal the organisation meets its objectives in delivering its services. Our reserves al the year end stands at £718,435 which is approximately over a year's worth of the organisation's opei'ational costs. Enfield Mencap looks forward to the challenges ahead with the strong n)anagemeiit team in place and the plans to fuither manage the efficienGy of its rasources and in¢rease its income. RESERVES POLICY Reslricted fiEnds aTe maintained specifically for the maintenance of the provision of the service identified in the relevant fuiiding or gervicc level agreement. ]Y surplus funds will be carried fonrd for the continualion of that service only. Taking into account all of the challenge5 that can impact the charities sector, the Iruslees remain committed to the provision of adequate designated and unrestricted funds to ensure the continuation of provision of services Levels of unrestrictsd and designated f(mds are regularly monitored in tenns of the Continuation of services and the funding received. The trustees will take swift action to redrcss the sltuation should such need arise.
NFIELD MENCAP TRUSTEES, REPORT FOR THK YEARENDED 31ST MARCH 2024 PLANS FOR THE FUTUR Enfield Mencap reviews the challenges to ihe charity sector. The organisation is deterniined to deliver on its objectives and increase the number of service Use who receive the servlee. with the available resources. We will be looking towards supporting our mcmbers and running prOJts on evening and weekends STATELIIKNT OF TRUSTEES, RESPONSIBILITIES The Iruslees (who are also the directors for the purpose of Company law) are responsible for preparing the Annual Report and the fjnancial stat¢m¢nts in accordance wilh applicable law and regulations. Company law i'equires the trustees to prepare financial slatem¢nts for each financial year. Under ihat law the trustees Inust prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Aceounting Standards and V4pplicable law). Under company law the Irusiees Inust not approve Ihe financial statements unless they are sutisfied thal they give a true and fair view ofthe slate of affairs of the charitable company and of the incoming resources and application of resources. including the income and expenditur¢. of the charitable company for that period. In preparing thes¢ financial statements, the trustees are required lo: a) sclect suitable a¢counting policies and then apply them consTStently' b) observe the methods and pNnciple5 in th¢ Charities SORP. ) make judgment5 and accounting estimates that are reasonable and prudent. d) state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial ststements. and e) prepai'e the financial 51atements on the going concern basis unless it is inappropriate to presume that the charitable company will continue to operate. The ti'ustees are responsible for keeping adequate accounling records that are sufficient to show and explain the charitable company's transactions attd disclose witli reasonable accuracy at any time Ilie financial position of Ihe ¢haritable conipany aiid ¢n8ble them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguai'ding Éhe g45sets of the company and hence for taking reasonable steps for the prevenlion and detection of fraud And olh¢i' irregularities. The trustees confirni that they have properly discharged their responsibilities in accordance with the above. APPROVAL This report has been prepared in accordance with the provisions applicable to companies entitled to the small'¢ompanies exemption. This report was approved by the Board of Directors and Trustees on 20 November 2024 and Signed on Lis bebalf, by: atson (Trustee)
ENFIEI LD MENCAP INDF.PENDlI NT ExAivfiNKR?S REPORT TO THE MEMBERS ON THE UNAUDITED ACCOUNTS or ENFIELD MENCAP I report tD the trustees {who are also Directors for the purpose of company law) on my examination of the financial statements of Enfield Mencap ('the charitable company,) for tELe year ended 31 March 2024 which comprise the Slalemcnt of Financial Activities, the Balance Sheet. the Statement of Cash Flows and related notes. This report is made solely to the charity's livstees, as a body, in aecordance with section 145 of the Charities Act 2011. My work has been undertaken so that I miglit state to Ilie cl)arity's Irustees Iliose niatter5 1 ain required to state to them in Iliis report and for no other purpose. To the fullest extent perniitted by law. I do not accept or assume responsibility to anyone other than the cliarity and the c5iarity's truste as a body, for my worL for this report, or foi. the oplnions I have fonned. ResponsKbilities and basis of report As the trustee5 of charitable company you are responsible for the preparation of the financial stalements in accordance with the requii'ements of the Companies Act 2006 {'Ihe 2006 A¢t'). 14aving satisfied myself that the financial slalemenls of the charitable company are not required lo be audited under Part 16 of Ilie Act aiid are eligible for independent examination, I repoit tn respect of my exami1i8tion of tlie cliarilable coiiipaiiy's finaiicial stateinenls carried out under section 145 of d)e Cl)arities Act 2011 ('the 201 l A¢t') and ii) canying out n)y exajiiiiiation I liave followed all the applicable Direction5 given by the Charity Commission under se¢tion 145(5Xb) of the 201 l Act. An independent examination does not involve gathering all the eviden¢¢ that would be required in an audit and consequently does not covei. all the matters that an auditor considers in giving their opinion on the financial slatements. The planning an d conduct of all audit goes beyond the limiled &5surance Ihat an independent examination can provide. Consequenily l express no opiiiion as to whether the financial slat¢inents present a 'irue and fair, view and i)iy repojt is liinited lo those specific mattel's set out in tlie independenl examiner's statement. Independent examliier's 5tgtement Since Ilie charitable ¢onipaiiy's gross income exceeded £250,000 your exaniiner must be a meniber of a body listed in section 145 of the 201 l Act. I confirm that l am qualified to undertake the examination beoause l am a member of ACCA, which is one of the listed bodi¢s. I have completed Iny examination. I confirn) that no material matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in re5pecl of the charitable company as required by section 386 of the 2006 Act. or
the financial statements do nol accord with those records. or the financial slalemenls do not comply with the accounliiig requiretnents of Section 396 of the 2006 Act other Ihan any reqiiii'einent that Ilie financial stateLnents give a 'lrue and fair view whicb is not a matter considei'ed as pait of ali independcnt examination. or the financi81 statements have not been prepared in accordance with the methods and principle5 of the Statement of Recommended Practice for aG¢ounting and reporting by charities applicable lo charities prepai'ing Iheir A¢¢ounts in accord8nce with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be dT&wn in this report in order to enable a proper understanding of the financial statements to be re&ehed. S. Fi'llncis- Joseph FCCA Anthony Joseph & Co. Limited Chartei'ed Cei*ified Aceountxnts Steven#ge, Ilei'ts. SGI 2DX Dgte,. 20 November 2024
ENFIKLD MENCAP STATEMENT OF FINANCIAL ACTIVITIES (incorporating llleome and Expenditure Account) FOR THE YII AR ENDII D 31ST IVIARCH 2024 Total Fund5 2024 Total Funds 2023 Ullrestricted Funds Rtstrieted Funds Note Incoming Resources Voluntary income- donations - membership fees legacics 940 50 940 so 250 50 Inveslment income- bank interest income from se¢urities 4,728 702 4,728 702 1,020 754 Ipicoiiilng rÉsoiirces from ehtsrlillble aclivltles.. Grants receivable Feeb for providing charitable activitie5 718,305 718,305 694,030 O(liéi' iiicomiiig resources.. Rental income Other income 720 720 122 Total incoming resources 725,445 725,445 696,226 Resources expeiidtd Clinrilable ftctivilie 693.224 693,224 676,292 Total I'e8ourees expended 693,224 693,224 676,292 Net Ineomingl(outgoing) resources for the year befui'e tr#nslers/Net incorne for the ye41. 32,221 32,221 5 9,934 Unrealised gain/(loss) on inveslmenls 10 7,542 7,542 (1,139) Net incomingl(outgoing) resources for the y¢8r before ¢ransfei'5 39,763 39.763 18,795 Trdnsfers between funds Net movement in funds 39,763 39,763 18,795 Balances bi'ought forward at 1st April 2023 678,672 678,672 659,877 BalAnees carried forwArd at 31 Mxi'ch 2024 718.435 718.435 678,672 The notes on pages 10 to 17 fomi part of these accounts.
[1 NFIELD MENCAP BALANCE SHEET AS AT 31ST MARCH 2024 2024 2023 Notes FIXED ASSETS Tangible fixed assets Investments 2,939 28,620 4,019 21,078 10 31,559 25,097 CURRENT ASSETS Debtors Cash at bank 106,918 599,617 90.913 595,992 706,535 686,905 CREDITORS: amoiints falllng diie iVTthi]J one yeAr 12 (19.659) (33,330) NET CURRENT ASSETS 686,876 653.575 TOTAL NET ASSETS £718,435 £678,672 FUNDS AP4D RESERVES Uni'estricted fiirtds 14 718,435 678,672 £718,435 £678,672 Foi. the financial year in question the ¢ompany was entitled to exemption und¢r section 477 of the Companies Act 2006 relating to small companies. No members have i'equired the company to obtain an audit of its accounts for the year in question in accordance with section 476 of the Companies Act 2006. The directors acknowledge their responsibility for complying with the requirements of ihe Act with respect to accounting records and for the preparation of accounts. The accoLints have been prepared in accordance with the provisions applicable to ¢ompanies subject to the small companies regime. The accounts were approved by the board on 20 November 2024 and signed on its behalf by: atson (Trustee) The notes on pages l O to 17 form part of these occounts.
ENFIELD MENCAP CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 Note 2024 2023 Nct cash inflowl(outflow) from operating activities 17 (1.805) 38,347 Retrn$ on investments and servieing of finance 5,430 1,774 IncreAsel(decreAse) in cash in the period RecoiiciliatlOD of net cAsh flow to movemenl in net debt Tncreasel(decrease) in cash in the period 19 625 Movement In nel debt in the pei'iod Cxsh and Cosh KquivaleJAts At tlie stArt of th¢ Year 3,625 595 992 40,121 555 Cash Aiid CAsh EquivAlents at the end of the YeAr The notes on pages l 0-17 form part of the &ccounls
ENFIELD MENCAP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUTr1NG POLICIES Basis of preparation The financial slaternenls have been prepared under the historical cost convention. The financial statements have been prepared in accordance with Accounting and Reporting by Charities- Statement of Re¢ommended Practice appli¢able to charities preparing their a¢¢ounts in accordance with the Fillanci&l Reporttng Standard applicable in the UK and Republic of li'eland (FRS102) (effective l January 2019)-((Charities SORP (FRS102)), Ihe Financial Reporting Staiidard applicable to the UK and Republic of Ireland (FRS102) and Coinpanies Act 2006. The Charity meets thc definition of a public benefit entity under FRS102. Assets attd liabilities are initially recognised at historical cost or transition value unless otherwise stated in the relevant accounling policy note (s). In preparing the financial statements the trustees have considered whether in applying the accounting policies requir¢d by FRS102 and the Charities SORP FRS102. the restatement of comparative items was required, After due ¢onsideralion, it was concludLd thai no restal¢ment of the comparatives was requii'ed. The finan¢ial statements have been prepared on a going concern basis. In arriving al this conclusion, the trust¢¢s have takei) into ac¢oiint any Inatei'ial uncertainties that may affect the eharity's ability to coi)tinue &$ a going concern. Tile period Covered by this assessment is at a minimum level of12 months from the date of ihe approval of th¢ accounts. Investments Investments are held al market value. Tangible fixed issetS Tangible fixcd as5els are staled at cost and represent amounts expended on capital items cxceeding £2,000. Deprecialion is calculated so as lo the write off cost of tangible fixed assets over the estimated useful lives of the setS concerned as follows., Office equipTnent Motor vehicles 330/0 reducing balance basis 250/0 reducing balance basis Income llnd exp¢llditui'e All income and expenditure are slated on the basis of amounts receivable and payable respectively. I xpenditure Chai'itable activities comprise expenses incurred on the defined charitable purposes of the company and include direct staff ¢osts attributable to the activity and an allocation of th¢ general manaBeinent and overhead costs. Governance costs include costs incurr¢d in meeting consliluiional and statutory requirements. Fund accounting The general fund ¢oinprises those monics that may be used towmrds meeting the charitable objectives at the discretion of the Iruslees, The designated funds are monies set aside out of general funds and designa*d for specific purposes by the Irustees. ie restricted funds are monies raised for. and their use restricted to, a specific purpose, or donations subject to donor imposed conditions. TAxxtion The company is a registered charity and therefore is not liable for income lax or corporation tax on incoine derived from its charitabl¢ activities, as it falls wAlhin the various exemptions 8vailable to registered charities. Pension cost5 Conti'ibutions irL respect of the charitable company's defined contributions sclietne are recognised in tl)e statement of financial a¢tivilies on an accruals basis. Opoi'ating Ica5es Rentals appli¢abl¢ to operating leases where substantially all the ben¢fits and risks of ownership remain with the lessor are reflected in the Statement of Financial Activities as incurred. io
ENFIELD MENCAP NOTES TO THII FINANCIAL STATEMENTS (continued) FOR THE YEARII NDED 31ST MARCH 2024 Debtors Ti'8d¢ and other debtors are recognised at the settlement amount due aft¢r any trade dis¢ount offered. Prepayments are valued Mt the amoiints prepaid net of any trade discounts due. Cash at bHiik and in hAnd Cash at bank and in hand includes cash and short terni highly liquid investments in deposit5 or similar accounts. Creditoi's and provisions Creditors and provisions are rccognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation ean be measured or estimated reliably. credito and provisions are nornially recognised at their s¢ttlement amount after allowing for any trade discounts due. INCOM Income represettls aniounts receivable from Ioc81 authorities. health aiithorities, housing associations and other agencies. 'rhe cilarity also receives income from membership subscriptions, donalions #nd oiher charitable activities, GRANTS RECEIVABLE TotAI 2024 Total 2023 Unrestricted furtds Restricted funds CHARITABLE ACTIVITIES FEES Duy & Evening Services- Designated Funds Restricted Funds £718,305 £694,030 £718,305 £694,030
ENFIELD MENCAP NOTES TO THE FINANCIAL STATEMENTS (coDlillued) riOR THE YEAR ENDED 31sr MARCH 2024 'roTAL RESOURCES Unrestrieteil EXPENDED Funds Restricted Funds DesignAttd Funds Day& Evening sei'viees Support & Integrfition Gateway Clubs Weekend Respite Getting Out Pyojeet 2024 Tot#1 2023 Total Direct service provision Dii'ect staff costs Central premises costs Depreciation charges Education, reGI'uitment & training Materials & equipment Suppoi'l costs 73.621 475,579 65.420 49,646 73,621 525.225 65,420 1,080 2,451 67,722 509,812 65.320 1,488 3,185 1,080 2,451 932 932 715 3,193 8,894 12,087 13.487 53,919 2,780 Govei-nance costs(Note 6) 626,897 9,628 680,816 661,729 12,408 14,563 56,699 636,525 693,224 676,292 GOVKRNANCE COSTS 2024 2023 ConsLtIIAn¢y, Legal & Professional Fees Independent Examiners Fec 9,628 12,103 12,408 14,563 STAFF COSTS AND DIREcfoRS RETrIUNKRATION 2024 2023 Staff costs dui'ing the year were as follow5.. Gross salai-ies Social security Costs Pension costs 482.096 34,618 8,511 467,673 35,341 6,798 525,225 509,812 The average number of employees during the year wL$ 26 (2023: 29). No ejnployees earned £60,000 per annum or more during thc year (2023.. Nil). No trust¢e received any remuneration in respect of their services or expenses reimbursed during the year, (2023.- Nil). Thc key management pcrsonnel of the charity comprise the Trustees and the CEO. The total employee benefits of the key management personnel of the ¢haTity was £50.710 (2023: £48,500). 12
EP4FIELD MENCAP NOTKS TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDKD 31ST MARCH 2024 8. COMPARATIVES fiOR THE STATEMENT OF FINANCIAL AcfiviTtES Total Funds 2023 Unrestrieted Funds Resti'icted Funds Incoming Resources Voluntary income - donations membership fees legacies 250 50 250 50 Investment income- bank interest income from securities 1,020 754 1.020 754 Jiicoiiiing resoiirces fi'oni cliarilable ctivilies.. Grant5 receivable rees for providing charitable activities 694,030 694,030 oilier liicomiiig i'esoiirces.. Renta5 income Other income 122 122 Total incoining i'esources 696,226 696,226 Resource5 expended Cliftrllable aclivilles 676.292 676,292 Totol resourees expeiided 676,292 676,292 Net incomingl(outgoing) T¢sources for the year before trAnsfer51Net Income rov the year 19,934 19,934 Unrealised gainl(loss) on investments {1,139) (1,139) Net incomingl(outgoinE) resources for the year before tl'Ansfers 18,795 18,795 Transfers between funds Net movement in funds 18,795 18.795 ReLonciliRtion of Fund5 Total funds bi'ought forward 659.877 659,877 Total funds cArrled forwwrd 678,672 678,672 13
ENFIELD MENCAP NOTII S TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 3 1ST MIKRCH 2024 TANGIBLE FIXED ASSETS Fiitures, Fitting & Equipinen¢ Motor Vehicles Total Cost Al 1st April 2023 Additions Eliminating fully depreciated assets 18,739 9,725 28,464 At 3 1st March 2024 18,7J9 9,725 28.464 Deprcciation At I st April 2023 Charge for year Eliminating fully depreciated assets 17,799 310 6,646 770 24,445 1,080 At 3 Isl March 2024 18.109 7,416 25,525 Net Book Value At 3 Isl March 2024 630 2,309 2,939 At 3 Isl March 2023 940 3,079 4,019 io, FIXED ASSET INVII STMENTS 2024 2023 At 1st April 2023 Additions in the year Change in market value during the year 21,078 22,217 7,542 (1,139) At 31 st March 2024 £28,620 £21,078 The investments are in listed UK securities. ii. DEBTORS 2024 2023 Trade Debtors Other Debtors 92,053 14,865 75,374 15,539 £106,918 £90,913 12. CREDITORS: Arnounts fAIIAllg due within one yeai, 2024 2023 Sundry creditoi's and accruals Other taxcs and social security 7,678 11.981 24.493 8,837 £19.659 £33,330 14
ENFIELD LI(ENCAP NOTES TO THE FINANCIAL STATEMENTS (CODtinued) FOR THE YEAR ENDED 31sr MARCH 2024 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS Unrestricted Funds Restricted Fullds Total 2023 Fixed assets Net current assets 31,559 686.876 31,559 686.876 718,435 718,435 14. UNRESTRICTED FUNDS BAl•iuce as at 1st April Incomiiig 2023 Resoui'ces BalAnce as Unreali.8ed pt 31, Gxinl Transfers Mai'eh 2024 (Loss) Expenditure Day & Evening Services 541,762 720,433 (636,525) 625,670 Dcsi¥nated funds 541,762 720,433 (636,525) 625.670 Unrestricted funds 136,910 5,012 (56.699) 7,542 92,765 £678,672 725,445 (693,224) 7,542 718,435 Thc Day & Evening Services (Designated Funds) are for the provision of servi¢es to the organisation setvice users. Tlie Uni'estricted Funds are for the managing of the operations of the charity. 15
I NFIELD MENCAP NOTEI S TO THE FINANCIAL STATE4 NTS (continued) FOR THE YEAR ENDED 31ST MARCH 2023 15. LIABILITY OF MEMBERS The charity is eonslituted as a cotnpany limited by guarantee. In the event of th¢ company being wound up members are required to contribute an amount not exceeding £1. 16. OPERATING LEASE COMIIqITM&NTS At 31 March 2024 th¢ wmpany had annual commitments under non-cancellable operating leases as follows.. Land & buildings Othej. Assets 2023 2022 2023 2023 Opei'atiiig leases expiring.. After more than five years 37.000 37,000 16
ENFIELD MENCAP NOTES TO THE FINANCIAL STATEMENrs Note 17 RECONCILIATION OF THE NET (OUTGOING)IINCOMING RESOURCES TO NET CASH INFLOWI(OUTFLOW) FROM OPERATING ACTIVITIES 2024 2023 Nel (outgoing)lin¢oming resources Deprecialion charges Investment Income (In¢r&qse)IDecTease in debtors (Decrease)/lncrease in ¢reditors Fixed Assets Additions 39,763 1,080 (5,430) {16,005) (13,671) 18,795 1,488 (1,774) (2,427) 22,154 (1,028) 1,139 UnrealisedlRealisedl (gains)Iloss on investments Prore¢ds on disposal of investrnent Net cAsh infloivl(outflo)v) fi'om operatjDg Activities (7,542) ANALYSIS OF CASII FLOWS FOR HEADINGS EED IN 'fHE CASH FLOW STA'fEMENT 2024 2023 Returns on investments Ind seiyicing of finance Investment Income Net cash inflow foi. retunis on Ènvestments and Servieing of fInJ)nee 19 ANALYSIS OF CHANGES IN CASH AND CASH fQUlVALETrrrs Al 1.4.23 C&sh flow Al 31.3.24 Net Cash: Casb al bank Tolal 17