COMPANY REGISTRATION NUMBER: 03562439 CHARITY REGISTRATION NUMBER: 1070948 LEWISHAM MENCAP Company Limited by Guarantee Unaudited Financial Statements For the year ended 31 March 2025 . JONE co. Chartered accountants 132 Burnt Ash Road Lee London SE12 8PU
LEWISHAM MENCAP Company Limited by Guarantee Financial Statements Year ended 31 March 2025 Page Trustees, annual report (incorporating the director's report) Independent examin&s report to the truste¢s Statement of financial activities (including income and expenditure account) Statemenl of financial position Notes to the financial statements li
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The tStees, who are also the directors for the pUoseS of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025. Reference and administrative details Registered charity name LEWISHAM MENCAP Charity registration number 1070948 Company registration number 03562439 Principal office and registered 44a Sydenham Road office Sydenham London SE26 5QF The trustees Miss l Mandley- Chair MrN O'shea - Chair Mr C Smith - Vice Chair Mrs H Skilton - Treasurer Mr N O'shea - Treasurer Mrs C Davis Miss M Overton Mr N Rudd Mr S J Smith Ms S Grahan] Mrs N Mandley Mr C Lewis (Appointed 9 May 2024) (Retired 9 May 2024) (Retired 30 May 2024) (Appointed 20 June 2024) (Retired 27 November 2025) (Appointed 15 May 2025) Company seeretary Ms S Graham Independent examiner DaTren Smart F.C.C.A. 132 Burnt Ash Road IA)ndon SE12 8PU
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) {conlinued) Year ended 31 March 2025 Structure? governance and management Lewisham Mencap is affiliated to Ihe Royal Society Mencap for people with learning disabilities in accordance with ihe Articles of Association of the Royal Society. Lewisham Mencap is a charitable company limiled by guarantee governed by its memorandum and Articles of Association. The organisalion strncture of Lewisham Mencap consists of a management committee who meet on a regular basis to discuss and agree lo activities and 1nake decisions that progress the activities of the organisation. The committee are responsibl¢ for the smooth running of Lewisham Mencap. The social subcommittee regulates and manages lh¢ three gateway clubs, our discos. club oulings and annual holiday. The trustees are also directors for the PUTPOS¢ of the Companies Act. The appointrnent of new trusteesldirectors is reviewed regularly to cover the areas of expertise required by the charity. The training requirements of trnstees is also reviewed regularly at trustee meetings. Trustees also review their needs for skills to meet their strategies and aims, together wilh potential new trnstees. The trnstees are volunteers and do not r¢c¢ive benefits froin the company. The trustees appoint the services of an online digilal lead for co-ordination duties. The truste¢s maintain a policy of reserves of up to one years running costs to ensure that contractual commitmenls lo staff and suppliers can be met in the event of a sudden change, or loss, in funding. The trustees confirni thot th¢ rnajor risks lo which the charity is exposed has been reviewed, and systems and procedures have b¢¢n established to identify and respond lo such risks. Major risks are defined as those with a high possibility of occurring, and would have a severe impact on operational perfonnance, a¢hi¢vem¢nts, aims and reputation of the Charity. The main risks have been identified as follows: _ Governonce= difficulty recruiting trustees with relevant skills. Op¢ralional: servic¢ quality and development, together with employment issues. Financial.. adequacy of reserves, diversity of income resources. External: adverse publicity and changes in governm¢ni policy. Laws and regulations.. Compliance and potential breach of rules.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) (conlinued) Year ended 31 March 2025 Objectives and activities The principle objectives of ihe charity are lo meet the needs of people with learning disabilities and their parents by working wilh parents, carers, people with learning disabilities and other organisations. This includes education, advice, support, information, ¢mployment, advocacy, social clubs, outings and holiday inforniation. The charity shall have the ability lo perforni the following: _ lo promote the care, treatment and education of people with learning disabilities, and to secure provisions proportionat¢ with their needs. lo support people with learning disabilities togeih¢r with their families/carers. lo increase public knowl¢dg¢ of the problems faced by people with learning disabilities, and their families, to create a sympaihetic climate of public opinion and encourage acceptance in the community. to become acquainted with all people with learning disabilities and their fainilies within the local area. to assist with mutual self-help, co-operation and friendship between parents, guardians, relatives and welfare services, training, education, employment, leisure and all those entn]st¢d with the care of people with learning disabilities. to support the provision of welfare services, training, employment, leisure and recrealion for people with learning disabililies, and lo guide and support all those entrusted with the lask 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 ¢mphasised in the 201 I Charities Act. The objects wer¢ reviewed and updated on 19th June 2025 to: The relief of people with disabilities, their families, dependants, and carers, by the provision of services, support, and infonnation, leading to independent living opportunities and improved life chances, and by challenging discrimination through campaigning and promoting user representation. To provide or assist in the provision of facilities for people who have n¢¢d ihereof by reason of a disability, with the object of improving ih¢ir conditions of life.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Cconiinued) Year ended 31 March 2025 Achievement5 and performance During the year, Lewisham Mencap through the support of volunteers, sessional workers, coordinator and trnstees 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, plus weekend and summer events. - provide high quality, long tenll advocacy and support for families tyng to access services. continue to work closely with the local authority (partnership team, mayor, councillors, social media and learning disability services) and local related charili¢s. provide the support, training and policies required for its volunteers and paid staff (including criminal record checks). promote opportunities for th¢ users of learning disability services to activ¢ly influence local provision and the work of L£wisham 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 stat¢menls. 2025 £64,012 (£22,524) (£37,927) 2024 £42,639 (£23,858) (£25,118) Total Incoine resources Less: Direct Charitabl¢ Expenses t£ss: Governan¢¢ Costs Total Net Incomings/(Outgoings) £3,561 (£6,337) The trustees confinn that the charity's assets are available and adequate to fulfil its obligations. The trustees will continue to review our services to ensure consistency and continuation irrespective of the impact of the recenl 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) (coniinued) Year ended 31 March 2025 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 our 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 lo evidence the quality of the support that we offer. We will also be strengthening our governance arrangements including truslee involvement in in this aspecl of the organisation. During 2024125, we worked with Bromley Mencap to ascertain wheiher a merger of the two organisations would be the best way to achiev¢ this. Risk revieiv The company mainlains a regular risk review of the impact on the charity and the potential future demand for servic¢s. The company considers itself to be well positioned to manage ihe situation in the forthcoming months. Going concern The company has considered ihe going concern and concluded that the company has sufficient financial Tesources in place at the Balance Sheet dale to consider it reasonable to adopt the going concern basis in preparing the financial stal¢ments 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 that we can meet our Grant obligations by running our services online or via phone and letter support. Trustees responsibilities Company law requires the trustees lo pr¢p0r¢ financial statements that give a true and fair view of the stale of affairs of the charity at the end of the financial year and of its SUTplus or deficit for the financial year. In doing so the twstees are requir¢d to.. Select suitable accounting policies and then apply them consistently. Make judgements and estimates that are reasonable and prudenl- and Prepare the financial stat¢m¢nls 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 accounling records which disclose wilh reasonable accuracy at any time the financial position of ihe charity and enables them to ensure that the financial statements comply with the Companies Aci 2006. The Trustees are also responsible for safeguarding the assets of the charity and h¢nc¢ for taking reasonable steps for the prevention and detection of fraud and other irregulariti¢s. The trustees have complied with the duty in section 4 of the 20061201 I Charities Acl to have due r¢gard 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 inforniation of which the company's independent examiners are unaware. and - As the directors of the company we have lak¢n all th¢ steps Ihat we ought lo have taken in order to inake ourselves aware of any relevant infonnalion and to establish that the charity's independent examiners are aware of that infonnation.
LEWISHAM MENCAP Company Limited by Guarantee Trustees, Annual Report {IneorporatlDg tbe Director's Report) (coniinued) Year ended 31 March 2025 Small company provisions This report has been prepared in accordance wilh the provisions applicable to companies entitled to the small companies exemption. The trustees, annual report was approved on 25 November 2025 and signed on behalf of the board of trustees by- Zsrd fjq Miss l Mandley- Chair Tru51e¢
LEWISHAM MENCAP Company Limited by Guarantee Independent Examiner's Report to the Trustees of LEWISHAM MENCAP Year ended 31 March 2025 I report to the trustees on my exainination of the financial statllents of LEWISHAM MENCAP ('Ihe charity,) for ihe year ended 31 March 2025. 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 Acl 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 Acl 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 201 l Act,). In carrying out my examination I have followed th¢ Directions given by the Charity Commission under section 145(5){b) of the 201 l Act. Independent examiner's statement I have completed my examination. I confinn that no matters have come to my attention in connection with the examinalion giving me cause to believe: accounting records were 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 oth¢r ihan any requirement that the accounls give a 'tru¢ and fair, view which is not a matter considered as part of an independent examinalion. or the financial statemenls have not been prepared in accordance with the methods and principles of ih¢ Stal¢menl of Recommended Practice for accounling and reporting by charities applicable to charities preparing iheir accounts in accordanc¢ with th¢ 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 atlention should b¢ drawn in this report in order to enable a proper understanding of the accounts to be reached. Darren Smart F.C.C.A. Independent Exaininer 132 Burnt Ash Road Lee London SE12 8PU
LEWISHAM MENCAP Company Limited by Guarantee Statement of Financial Activities (including incojne and expenditure account) Year ended 31 March 2025 2025 Restricted funds Total funds 2024 Unrestricted funds Total ndS Note Ineome and endoivments Donations and legacies Charilable activities Investtnent income Other income 490 40,000 23 500 4,760 5,250 40,000 2,985 15,777 64,012 1,070 25,000 1,945 14,624 42,639 2,962 15,277 Total income 41,013 22,999 Expenditsre Expenditur¢ on charitable activities Total expenditure 9,10 29,625 30,826 60,451 48.976 29,625 30,826 60,451 48,976 Net income/(expenditure) and net movement in funds 11,388 (7,827) 3,561 (6,337) Reconciliation of funds Total funds brought fonvard Total funds carried fornard 134,809 146,197 266,452 401,261 407,598 258,625 404,822 401,261 The statement of financial activities includes all gains and losses recognised in the year. All incoine and expenditure derive from continuing aclivities. 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 2025 2025 2024 Note Fixed assets Tangible fixed assets Investments 16 17 215,000 51,935 215.000 54,473 266,935 269,473 Current assets Debtors Cash at bank and in hand 18 6,250 134,348 6,250 126,738 132,988 140,598 Creditors: amounts f211ing due within one year Net current assets 19 2,711 1,200 137,887 404,822 131,788 Total assets less current liabilities 401,261 Funds of the charity Restricted income funds". Revaluation reserve other restricted income funds Unrestricted funds 140,200 118,425 146,197 140,200 126,252 134.809 Total charity funds 20 404,822 401,261 For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. DirectOTS' r¢sponsibilities= The members have not required the company to obtain an audit of ils financial statements for the 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 statements. These financial stalements hav¢ been prepared in accordance with the provisions applicable to companies subject to lh¢ small companies, regime. The statement of financial position continues on the following page. The notes on pages I I to 20 form part of these financial statements.
LEWISHAM MENCAP Company Limited by Guarantee Statement of Financial Positloll (conrf44ed) 31 March 2025 These financial statemenls were approved by the Erf)ard of trustees and authorised for issue on 25 November 2025, and are signed on behalf of the board by: Miss l Mandley - Chair Truslee The nolvs on pages 11 to 20 form part ofibese financial statements. io-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 General information The charity is a public benefit entity and a private company limil¢d by guarantee, regislered 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, 'Th¢ Financial R¢porting Standard applicable in th¢ UK and the Republic of Ireland,, the Siatcm¢nt 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 stalements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured ai fair value through income or ¢xp¢nditur¢. The financial statements are prepared in sterling> which is the functional CUTrency of the enlity. Going concern There are no material uncertainties about the charitys abtlity to continue. Judgements and key sources of estimation uncertainty The preparalion of th¢ financial slatem¢nts r¢quir¢s manag¢rn¢nt to make judgem¢nls. estimat¢s and assumptions that affect 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 reasonable under the circumstances. Management have judged deprecialion rates lo be in line wilh the use of the property. Management value the investments at mid market value on the year end date. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to fijrther any of the charity's purposes. Designated funds are unrestricted funds earn]ark¢d by the tn]ste¢s for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the tenns 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 (¢ontlrtued) Year ended 31 March 2025 Accounting policies {conlinHedJ Incoming resourees All incorning resources are included in the statement of financial activities when entitlement has passed to the charity. it is probable that the economic ben¢fils associated with the transaction will flow to the charity and the amount can be reliably measured. The following Sp]fIr policies are applied to particular categories of incoine: income from donations or grants is recognised when Ihere is evidence of entitlement to the gift, receipt is probable and ils 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 casc the value is derived from the cost to the donor or the estiinated resale value. Donated facilities and servic¢s are recognised in the accounts when received if th¢ value can be reliably measured. No amounts are included for the contrlbution of general volunteers. income from contracts for the supply of services is recognised with the delivery of ihe contracted service. This is classified as unreslricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricled. Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relat¢s= expenditure on raising funds includ¢s the costs of all fundraising activities, events, non- charitable trading activities, and the sale of donated goods. expenditur¢ on charilable activities includes all Costs incuffed by a charity in undertaking activili¢s that rther its charitable aims for th¢ benefit of its beneficiaries, including those support costs and costs relating to ihe gov¢rnance of the charity apportioned lo charitable activities. other expenditur¢ 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 reflectÉng the use of the resource. Direct costs allributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiabl¢ and consistent basis. Tangible assets Tangible assets are initially word¢d at cost, and subsequently stated at cost less any accumulated depreciation and impaim]ent losses. Any tangible assels Caled at revalued amounts are recorded at the fair value at ihe date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairnient losses. 12-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (coniinued) Year ended 31 March 2025 Accounting polieies (continued) Tangible assets (coniinued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognis¢d gains and losses, unless it r¢v¢rses a charge for impainnent that has previously been recognised as expenditure wiihin the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognis¢d in oiher recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the slatement of financial activities. Investments Unlisted equity investmenls are initially recorded at cost, and subsequ¢ntly measured al fair value. If fair value cannot be reliably measured, assets are measured al cost less impairn]ent. Listed investments are measured at fair valuc with changes in fair value being recognised in income or expenditure. Investments in associates Investments in associat¢s accounled for in accordance with the cost model are recorded at cost less any accurnulated impainnent losses. Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investm¢nls are measured at fair value, with changes in fair value taken through income or expenditure. Where it is impracticable to measure fair value reliably wiihoul 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 accumulat¢d profils of the associate arising before or after the date of acquisilion. Investments in joint ventures tnvestments in jointly controlled entities accounted for in accordance with the cost model are recorded al Cost less any accumulated impainnent losses. Investments in jointly controlled entities accounted for in accordance with th¢ fair value model are initially recorded at the transaction price. At each reporting date, the inv¢slm¢nts are measured at fair value, with changes in fair valu¢ taken through income or ¢xpenditure. Where it is impracticable to measure fair value reliably wiihoul undue cost or effort, the cost model will be adopted. Divid¢nds and other distributions received from the investment are recognised as income without regard to whether the distributions are frorn accumulated profits of the joint v¢ntur¢ arising before or after the date of acquisition. 13-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (coniinued) Year ended 31 March 2025 Accounting policies {conli4ryued) Impairment of fixed assets A review for indicators of impairn]ent is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amounl, the assel is impaired accordingly. Prior impaimients are also reviewed for possible reversal at each reporting date. For the purposes of impaim]enl testing, when it is not possible to estimate the recoverable amounl of an individual assel, an estimate is made of the recoverable amount of the cash-generating unit lo which the asset belongs. The cash-generating unil is the smallest identifiable group of assels that includes the asset and generales cash inflows thal largely independent of the cash inflows from other assets or groups of assets. Financial instruments Financial liabilili¢s and equity instruments are classified according to the substance of the conlractual arrangements entered into. An equity instrument is any contract that ¢vidences a sIdUal inlerest in the assets of the entity after deducling all of its financial liabilities. Limited by guarantee Lewishajn Mencap is a charity organisation to assisl people with learning disabilities. This includes education, advice, support, information, ¢mplo)rynent, advocacy, social clubs, outings and holiday information. Donations and legacies Unrestricted Funds Restricted Total Funds Funds 2025 Donations Donations from the public 490 4,760 5,250 Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations from the public 500 570 1,070 Charitable activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Income from government authority 40,000 40,000 25,000 25,000 14-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (coiilirtuedj Year ended 31 March 2025 Investment income Unrestricted Funds Restricted Total Funds Funds 2025 Income from shares held Bank interest receivable CAF Gold and clubs 2,792 170 2,792 193 23 23 2,962 2,985 Unrestricted Funds Restricted Total Funds Funds 2024 Income from shares held Bank interest receivable CAF Gold and clubs 1,742 175 1,742 203 28 28 1,917 1,945 Other income Unrestricted Funds Restricted Total Funds Funds 2025 Social activitÉes and outgoings Bungalow income 500 6,209 9,068 6,709 9,068 500 15,277 15,777 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 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 {conli4ryHed) Year ended 31 March 2025 Expenditure on charitable activities by fund type Unrestricted Funds Restrlcted Total Funds Funds 2025 Direct Costs Support costs 4,168 25,457 18,356 12,470 22,524 37,927 60,451 29,625 30,826 Unrestricted Funds Restricted Total Funds Funds 2024 Direct Costs Support costs 7,657 24,650 16,201 469 23,858 25,118 32,307 16,670 48,976 10. Expenditure on charitable a¢tiTrTrties by activity type Activities undertaken directly Supporl costs Total funds 2025 Tolal fund 2024 Direci Costs Governance costs 22,524 22,524 37,927 23,858 25,118 37,927 22,524 37.927 60,451 48,976 I l. Analysis of support costs Community Suppon Cosls lead services Total 2025 Total 2024 General office 12,982 24,945 37,927 25,118 12. Independent examination fees 2025 2024 Fees payable to the independent examiner for: Independent examination of the financial stat¢m¢nts 1,200 1,200 13. Staff costs The average head count of employees during th¢ year was Nil (2024: Nil). No employee received employee benefits of more than £60,000 during the year (2024: Nil). 16-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (conlinued) Year ended 31 March 2025 14. Trustee remuneration and expenses no remuneration or other benefits from employment with the charity or a related entity were received by ihe tSte¢s. or 15. Transfers between funds Reslricled fund bank accounts can sometimes receive unrestricted income and pay unrestricted expenses. The trustees consider the bank balan¢¢ al the year end to be restricted funds and therefore some transfers can occur to agr¢e the restricled bank balances. 16. Tangible fixed assets Land and buildings Cost At l April 2024 and 31 March 2025 Depreciation At l April 2024 and 31 March 2025 Carrying amount At 31 March 2025 215,000 215,000 Al 31 March 2024 215,000 Tangible fixed assets held at valuation In respect of langible fixed assets held at valuation. the aggregate cosl, depreciation and coinparable canying amount that would have been recognised if the assets had been carried under the historical cost model are as follows: Freehold property At 31 March 2025 Aggregate cosl Aggregate depreciation Carrying value loo,000 loo,000 At 31 March 2024 Aggregate cost Aggregate depreciation Canying value loo,000 loo,000 17-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements {¢onii#tsedJ Year ended 31 March 2025 17. Investments Listed investments Cost or valuation At l April 2024 Additions Other movemenls 54,473 (2,538) At 31 Mareh 2025 51,935 lrnpairment At l April 2024 and 31 March 2025 Carrying amount At 31 March 2025 51,935 Al 31 March 2024 54.473 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 al the year end. 18. Debtors 2025 2024 Other debtors 6,250 6,250 19. Creditors: amounts falling due within one year 2025 2024 Other creditors 2,711 1,200 18-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (coniinued) Year ended 31 March 2025 20. Analysis of charitable funds Unrestricted funds At 31 March 202 At l April 2024 Income Expenditure General ndS 134,809 41,013 {29,625) 146,197 At 31 March 202 At l April 2023 Incom¢ Expendithre General funds 141,246 25,870 (32,307) 134,809 Restricted funds At 31 March 202 At l April 2024 Income Expenditure Holiday fund Social club funds Revaluation reserve 91,995 34,257 140,200 22,999 (30,826) 84,168 34,257 140,200 258,625 266,452 22,999 (30,826) At 31 March 202 At l April 2023 Income Expenditure Holiday lld Social club funds Revalualion reserve 91,895 34,257 140,200 16,770 (16,670) 91.995 34,257 140,200 266,452 266,352 16,770 (16,670) 19-
LEWISHAM MENCAP Company Limited by Guarantee Notes to the Financial Statements (coniiiiued) Year ended 31 March 2025 21. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed ass¢ts Investments cUent assets Creditors less than l year Net assets 74,800 51,935 22.173 (2,711) 140,200 215,000 51,935 140,598 (2,711) 404,822 118,425 146,197 258,625 Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assels Investments Current assets Creditors less than l year Net assets 74,800 54,473 15,616 (1,200) 143,689 140,200 215,000 54,473 132,988 (1,200) 401,261 117,372 257,572 20-