COMPANY REGISTRATION NUMBER: 03562439 CHARITY REGISTRATION NUMBER: 1070948 LEWISHAM MENCAP Company Limited by Guarantee Unaudited Financial Statements For the year ended 31 March 2024 R. E. JONES & CO. Chartered accountants 132 Bumt Ash Road Lee London SE12 8PU
LEWISHAM MENCAP Company Limited by Guarantee Financial Statements Year ended 31 March 2024 Page Trustees, annual report (incorporating the director's report) Independent examinevs report to the trustees Statemenl of financial activities (including income and expenditure account) Statement of financial position Notes to the financlal statements li
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and administrative details Registered charity name LEWISHAM MENCAP Charity registration number 1070948 Company registration number 03562439 Principal 0]ce and registered 44a Sydenham Road offjce Sydenham London SE26 5QF The trustees Mr N O'shea - Chair Miss I Mandley Mr C Smith - Vice Chair Mrs H Skilton - Treasurer Mrs E Young Mrs C Davis Miss M Overton Mr N Rudd Mr S J Smith Ms S Graham Mrs N Mandley (Resigned as Chair 9111 May 2024) Appoinled Chair, 9tli May 2024 (Retired 30 May 2024) (Retired 5 October 2023) (Appointed 18 January 2024) Company secretary Ms S Graham Independent examiner Darren Smart F.C.C.A. 132 Burnt Ash Road Lee London SE12 8PU
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (Colllinued) Year ended 31 March 2024 Structureg governance and management Lewisham Mencap is affiliated to the Royal Society Mencap for people with learning disabilities in accordance with the Articles of Associalion of the Royal Society. Lewisham Mencap is a charitable company limited by guarantee governed by its memorandum and Articles of Association. The organisation structure of Lewisham Mencap consists of a management committee who meet on a regular basis to discuss and agree to activities and tnake decisions that progress the activities of the organisalion. The committee are responsible for the smooth running of Lewisham Mencap. The social subcommittee regulates and manages the three gateway clubs, our discos, club outings and annual holiday. The trustees are also directors for the purpose of the Companies Act. The appointment of new trustees/directors is reviewed regularly to cover the areas of expertise required by the charity. The training requirements of trustees is also reviewed regularly at trustee meetings. Trustees also review their needs for skills to meet their strategies and aims, together with potential new trustees. The trustees are volunteers and do not receive benefits from the company. The trustees appoint the services of an online digital lead for co-ordination duties. The trustees maintain a policy of reserves of up to one years running costs to ensure that contractual commitments to staff and suppliers can be met in the event of a sudden change, or loss, in funding. The trustees confirm that the major risks to which the charity is exposed has been reviewed, and systems and procedures have been established to identify and respond to such risks. Major risks are defined as those with a high possibility of occurring, and would have a severe impact on operational performance, achievements, aims and reputation of the Charity. The main risks have been identified as follows: Governance.. diffIculty recruiting trustees with relevant skills. Operational.. service quality and development, together with employment issues. Financial: adequacy of reserves, diversity of income resources. External= adverse publicity and changes in government policy. Laws and regulations: Compliance and breach of employment law.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (coniiuutd) Year ended 31 March 2024 Objectives and activities The principle objectives of the charity are to meet the needs of people with learning disabilities and their parents by working with parents, carers. people wtth learning disabilities and other organisations. This includes education, advice, support, infomiation, employment, advocacy, social clubs, outings and holiday infomiation. The charity shall have the ability to perform the following: _ to promote the care, treatment and education of people with learning disabilities, and to secure provisions proportionate with their needs. to support people with learning disabilities together with iheir families/carers. to increase public knowledge of the problems faced by people with leamtng disabilities, and their families, to create a sympathetic climate of public opinion and encourage acceptance in the community. to become acquainted with all people with learning disabilities and their families within the local area. to assist with mutual self-help, co-operation and friendship between parents, guardtans, relatives and welfare services, training, education, employment, leisure and all those entrusted with the care of people with learning disabilities. to support the provision of welfare services, training, employment, leisure and recreation for people with learning disabilities. and to guide and support all those entrusted with the task of making such provisions. to provide supported holidays for people with learning disabilities and social clubs offering music, activities and entertainment. the trustees are mindful of the need to provide a'public benefit, as emphasised in the 2011 Charities Act.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) fconiiuued) Year ended 31 March 2024 Achievements and performance During the year, Lewisham Mencap through the support of voluiiteers. sessional workers, coordinator and trustees have: remained effective at providing safe. creative services to fill gaps in local provision, namely nine hours of social activity, for fifty weeks of the year. provide high quality, long tenTt advocacy and support for fan]ilies trying to access servlces. continue to work closely with the local authority (partnership team, mayor. councillors, social media and learning disability services) and local related charities. provide the support, training and policies required for its volunteers and paid staff (including criminal record checks). promote opportunities for the users of learning disability services to actively influence local provision and the work of Lewisham Mencap. fulfil its obligations as a charity, including reporting to the Charities Commission, producing statutory accounts, establishing a responsible and functioning Board of Trustees and an up to date constitution. Financial review The results for the year are set out on pages 8 to 14 of the financial statements. 2024 £42,639 (£23,858) (£25,118) Total Income resources Less= Direct Charitable Expenses Less.. Govemance Costs 2023 £54.034 (£17.945) (£23,379) Total Net Incomingsl(Ouigoings) (£6,337) £12,710 The trustees confirni that the charity's assets are avaAlable and adequate to fulfil its obligations. The trustees will continue to review our services to ensure consistency and continuation iTrespective of the impact of the recent recession. We continue to focus on developing ways to attract more volunteers to support our range of activities.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) {COlllinued) Year ended 31 March 2024 Plans for future periods Lewisham Mencap aims to continue to be a provider of high quality services and support to people with learning disabilities. It is OUT intention to build on our strengths and grow our community connections. We will continue to strengthen our infrastructure. focusing on the effective promotion of our services and the work that we do and to put in place systems to evidence the quality of the support that we offer. We will also be slrengtheTting our govemance arrangements including irustee involvement in in this aspect of the or&Fanisation. Risk review The company maintains a regular risk review of the impact on the charity and the potential future demand for services. The company considers itself to be well positioned to manage the sltuation in the forthcoming months. Going concern The company has considered the going concern and concluded that the company has sufficient financial resources in place at the Balance Sheet date to consider it reasonable to adopt ihe going concern basis in preparing the financial statements for the year. The Core Grant from Lewisham Council which pays the majority of our running costs remains in place and has a further 18months to run. We have agreed with the Council thal we can meet our Grant obligations by running our services online or via phone and letter support. Trustees responsibilities Company law requires the trustees to prepare financial statements that give a true and fair view of the state of affairs of the charity at the end of the financial year and of its surplus or deficit for the financial year. In doing so the trustees are required to: Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudent; and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the sets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees have complied with the duty in section 4 of the 20061201 I Charities Act to have due regard to guidance published by the Charity Commission including public benefit guidance. In accordance with company law, as the company's directors, we certify that: So far as we are aware, there is no relevant infom)ation of which the company's independent examiners are unaware. and As the directors of the company we have taken all the steps that we ought to have taken in order to make ourselves aware of any relevant inforniation and to establish that the charity's independent examiners are aware of that infonnation.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (Colllinued) Year ended 31 Mareh 2024 Small company provisions This report has been prepared in accordance with the provisions applicable to companies enlitled to the small companies exemption. The trustees, annual report was approved on 5 December 2024 and signed on behalf of the board of trustees by: f5aa& Ms Isabella Mandley- Chair Trustee
LEWISHAM MENCAP Company Limited by Guarantee Independent Examiner's Report to the Trustees of LEWISHAM MENCAP Year ended 31 March 2024 report to the trustees on my examination of the financial statements of LEWISHAM MENCAP ('the charity,) for the year ended 31 March 2024. Responsibilities and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirni that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records We not kept in respect of the charity as required by section 386 of the 2006 the financial statements do not accord with those records. or the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination" or the flnancial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance wilh the Financlal Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no olher matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Darren Smart F.C.C.A. Independent Examiner 132 Bumt Ash Road Lee London SE12 8PU
LEWISHAM MENCAP Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 2024 Restricted funds Total funds Unrestricted funds 2023 Note Total funds Income and endowments Donation5 and legacies Charitable activities Investment income Other income 500 25,000 28 342 570 1,070 25,000 1,945 14,624 42,639 8.022 25,000 2,217 18,795 1,917 14,283 Total income 25,870 16,770 Expenditure Expenditu on charitable activities Total expenditure 54.034 9,10 32,307 32,307 16,670 48,976 41,324 41,324 16,670 48,976 Net (expenditure)/income (6.437) loo (6,337) 12,710 Other recognised gains and losses Gains from revaluation of fixed assets Net movement in funds 140,200 (6,437) 100 (6,337) 152,910 Reeoneiliation of funds Total funds brought fonvard Total funds carried fonvard 141,246 266.352 407,598 254,688 134,809 266,452 401,261 407,598 The statement of financial activities includes all gains and losses recognised in the year. All tncome and expenditure derive from continuing activities. The notes on pages 11 to 20 form part of these financial statements.
LEWISHAM MENCAP Company Limited by Guarantee Statement of Financial Position 31 March 2024 2024 2023 Fixed assets Tangible fixed assets Investments Note 16 17 215,000 54,473 215,000 53,776 269,473 Current assets Debtors Cash at bank and in hand 268,776 18 6,250 126,738 6,250 133,951 140,201 132,988 Creditors: amounts falling due within one year Net current assets Total assets less current liabilities 19 1,200 1,379 131,788 401,261 138,822 407.598 Funds of the charity Restricted income funds.. Revaluation reserve Other restricted income funds Unrestricted funds 140,200 126,252 134,809 140,200 126,152 141.246 Total charity funds 20 401,261 407.598 For the year ending 31 March 2024 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities: The members have not required the company to obtain an audit of its financial statements for th¢ year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial slatements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies, regime. The statement of financial position continues on the following page. The notes on pages 11 to 20 form part of these financial statements.
LEWISHAM MENCAP Company Limited by Guarantee Statement of Financial Position (conlillued) 31 March 2024 These financial statements were approved by the board of trustees and authorised for issue on 5 December 2024, and are signed on behalf of the board by: Ms Isabella Mandley Trustee The notes on pages 11 to 20 form part of these financial statements. io-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2024 General information The charity is a public benefil entlty and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 44a Sydenham Road, Sydenham, London, SE26 5QF. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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) (Charities SORP (FRS 102)) and the Companies Act 2006. Accounting policies Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and inveslment properties measured at fair value through income or expenditure. The financial stalements are prepared in sterling, which is the functional currency of ihe entity. Going concern There are no material uncertainties about the charity's ability to continue. Judgements and key sources of estimation uncertainty The preparation of the financtal statements requires management to make judgements, estimates and assumptions that atTect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be re&%onable under the circumstances. Management have judged depreciation rates to be in line with the use of the property. Management value the investments at mid market value on the year end date. Fund aceounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the tem)s of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment funds. li
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (ctsnlinued} Year ended 31 March 2024 Accounting polRcies (eonilnued) Ineoming resources All incoming resources are included An the statement of financial aclivities when entfttlement has passed to the charity. it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gifi, receipt is probable and its amount can be measured reliably. legacy income is recognised when receipt is probable and entitlement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the conlribution of general volunteers. income from contracts for the supply of services is CogniSed wtth the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular putpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognised on an accruals basis as a liability As incurred. Expenditure includes any VA T which Cal01 be ful ly recovered, and is classified under headings of ihe statement of financial activities to which tt relates.. expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods. expenditure on charilable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resourc¢. Direct costs attributable to a single activity are allocated directly to thal activity. Shared costs are apportioned between the activtties they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depciation and impaiment losses. Any tangible assets carried at revalued amounts are recorded at the fair valLte at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impaimient losses. 12-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (contimued) Year ended 31 March 2024 Aecounting policies (eouilnued) Tangible assets (ct>nrinued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reveises a charge for impaimient that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluat-on, is re¢ognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognlsed gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows-. Freehold property Investments 2 % straight line Unlisted equity investments are initially recorded at cost, and subsequently measured at fair value. If fair value cannot be reliably measured, assets are measured at cost less impainnent. Listed investments are measured at fair value with changes in fair value being recognised in income or expenditure. Investments in associates Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impainnent losses. Investments An associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable lo measure fair value reliably without undue cost or effort, the cost model will be adopted. Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition. Investments in joint ventures Investments in jointly controlled entities accounted for in accordance with the cost model are recorded at cost less any accumulated impainnent losses. Investments in jointly controlled entities accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date. the investments are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted. 13-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (conlinued) Year ended 31 March 2024 AecountRng policies (conlinued) Investments in joint ventures {con¢ittued) Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the joint venlure arising before or after the date of acquisition. Impairment of fixed assets review for indicators of impairn]ent is can-ied out at each reporting date. with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairnients are also reviewed for possible reversal at each reporting date. For the pury)oses of impaim)ent testing, when it is not possible to estimate the recoverable atnount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. Financial instruments Financial liabilities and equily instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Limited by guarantee Lewisham Mencap is a charity organisation to asslst people with learning disabilities. This includes education. advice, support, information, employment, advocacy, social clubs, outings and holiday inforn]alion. Donations and legacRes Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations from the public 500 570 1,070 Unrestricted Funds Restricted Total Funds Funds 2023 Donations Donations from the public 8,022 8,022 14-
LEWISHAM MENCAP Company Lirnited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2024 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2024 Funds 2023 Income from government authority 25,000 25,000 25,000 25,000 Investment ineome Unrestricted Funds Restricted Total Funds Funds 2024 Income from shares held Bank interest receivable CAF Gold and clubs 1,742 175 28 1,742 203 28 1.917 1,945 Unrestricted Funds Restricted Total Funds Funds 2023 Income from shares held Bank interest receivable CAF Gold and clubs 2,070 2.070 147 129 2.088 129 2.217 Other income Unrestricted Funds Restricted Total Funds Funds 2024 Social activities and outgoings Bungalow income 342 5,215 9,068 5,556 9,068 342 14,283 14,624 Unrestricted Funds Restricted Total Funds Funds 2023 Social aclivities and outgoings Bungalow income 10,189 8,606 10,189 8,606 8,606 10,189 18,795 During each year the charity organises an annual trip where contributions are received towards supported holidays for people with learning disabilities. 15-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements {e&iilintsed) Year ended 31 March 2024 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 Direct Costs Support costs 7,657 24,650 32,307 16.201 469 23,858 25,118 48,976 16,670 Unrestrtcted Funds Restricted Total Funds Funds 2023 Direct Costs Support costs 7,139 23,065 10,805 315 17,945 23,379 41,324 30,204 11,120 10. Expenditure on charitable activities by activity type Aclivities undertaken directly Support costs 23,858 Total funds 2024 Total fund 2023 Direct Costs Governance costs 23,858 25,118 25.118 17.945 23,379 23,858 25,118 48,976 41.324 11. Analysis of support costs Support Costs Total 2024 Total 2023 General office 25,815 25,815 23,379 12. Independent examination fees 2024 2023 Fees payable to the independent examiner for: Independent examination of the financial statements 1,200 1,380 13. Staff costs The average head count of employees during the year was Nil (2023: Nil). No employee received employee benefits of more than £60,000 during the year (2023: Nil). 16-
LEWISHAM MENCAP Company Limited by Guarantee Notes to tbe Financial Statements (coniinued) Year ended 31 March 2024 14. Trustee remuneration and expenses no remuneration or other benefIts from employment with the charity or a related entity were received by ihe trustees. or 15. Transfers between funds Restricted fund bank accounts can sometimes receive unrestricted income and pay unrestricted expenses. The trustees consider the bank balance at the year end to be restricted funds and therefore some transfers can occur to agree the reslricled bank balances. 16. Tangible fixed assets Land and buildings Cost At l April 2023 and 31 March 2024 Depreciation At l April 2023 and 31 March 2024 Carrying amount At 31 March 2024 215,000 At 31 March 2023 215,000 215,000 Tangible fixed assets held at valuation In respect of tangible fixed assets held at valuation. the aggregate cost, depreciation and comparable carrying amount that would have been recognis¢d if the assets had been carried under the historical ost model are as follows: Freehold property At 31 March 2024 Aggregate cost Aggregate depreciation Carrying value loo,000 loo,000 At 31 March 2023 Aggregate cost Aggregate depreciation Carrying value i 00,000 loo,000 17-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (etsnlinued) Year ended 31 March 2024 17. Investments Listed investments Cost or valuation At l April 2023 Addition5 Other movements At 31 Mareh 2024 Impairment At l April 2023 and 31 March 2024 Carrying amount At 31 March 2024 At 31 March 2023 53,776 697 54,473 54,473 53,776 All investments shown above are held at valuation. Financial assets held at fair value The fixed asset investments are measured at the mid-market value at the year end. 18. Debtors 2024 2023 Other debtors 6,250 6,250 19. Creditors: amounts falling due within one year 2024 2023 Other creditors 1,200 1,379 18-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (coniiiiued) Year ended 31 March 2024 20. Analysis of charitable funds Unrestricted funds At l Apr 2023 Income Expenditure Gains and At losses 31 Mar 2024 Transfers General funds 141,246 25,870 (32,307) 134,809 At l Apr 2022 Income Expenditure 43,716 Gains and At losses 31 Mar 2023 Transfers General funds 136,052 (30,204) (8.318) 141.246 Restricted funds At l Apr 2023 Income Expenditure Gains and At losses 31 Mar 2024 Transfers Holiday fund Cranston and CAF gold funds Social club funds Revaluation reserve 91,895 16,770 (16,670) 91,995 34.257 34,257 140.200 140,200 266,452 266.352 16,770 {16,670) At l Apr2022 Income Expenditure Gains and At losses 31 Mar 2023 Transfers Holiday fund Cranston and CAF gold funds Social club funds Revaluation reserve 28,203 10,318 (11,120) 64,494 91,895 62.152 28,281 (62,152) 5,976 34.257 140,200 140.200 118,636 10,318 (11,120) 8,318 140,200 266,352 19-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Finaneial Statenjents {COtttinued) Year ended 31 Mareh 2024 21. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Investments Current assets Creditors less than l year Net assets 74,800 54.473 15,616 (1,200) 143,689 140,200 2J5,000 54,473 132,988 (1,200) 401,261 117,372 257,572 Unrestricted Funds Restricted Total Funds Funds 2023 Tangible fixed assets Investments Current assets Creditors less than l year Net assets 74,800 53,776 14.049 (1,379) 141,246 140,200 215,000 53.776 140,201 (1,379) 407,598 126,152 266,352 -20-