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← Salusbury World

2025-03-31-accounts

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 CHARITY NO. 1071065

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD Contents

Page
Legal and Administrative Information 1
Trustees' Report 2-5
Independent Examiners' Report 6
Statement of Financial Activities 7
Balance Sheet 8
Accounting Policies 9-10
Notes to the Financial Statements 11-14
Detailed Income and Expenditure 15

Page 15 does not form part of the statutory accounts.

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD Legal and Administrative Information

Trustees Alice Piller Roner (appointed 8 June 2024) - appointed co-chair February 2025
Amin Sohrabi (appointed 15 July 2024)
Charlotte Lavender (appointed 8 June 2024)
David Kaye
Giles Deards
Gillian Self (retired 31 January 2025)
Liza Ramrayka- appointed co-chair February 2025
Maria Clara Jeria (appointed 8 June 2024)
Nasrat Sayyad (appointed 15 July 2024) appointed treasurer
Phillip Weitzman (appointed 8 June 2024)
Yasmin Ali (appointed 8 June 2024)
Administrator/Manager Sarah Reynolds
Administration office address Salusbury Primary School
Salusbury Road
London NW6 6RG
Charity registration no.: 1071065
Reporting Accountants: Liondaris & Co
Certified Public Accountants
1st Floor Woodgate Studios
2-8 Games Road
Cockfosters
Hertfordshire
EN4 9HN
Bankers: Cooperative Bank Plc
Ground Floor, Bury House
31 Bury Street
London
EC3A 5AR

Page 1

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Trustees' Report

The trustees are pleased to present their annual trustees' report for the year ended 31 March 2025.

The financial statements comply with the Charities Act 2011 and Accounting and Reporting by Charities: 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 (FRS102).

Structure, Governance and Management

Governing Document

Salusbury World is a registered charity governed by its Trust Deed dated 13 July 1998

Recruitment & Appointment of Trustees

The trustees and directors who have served throughout the year are shown on page 1. Appointment of directors/trustees is governed by the Trust Deed.

New trustees are required to go through the same safe recruitment procedures as paid members of staff. New trustees are given induction and information regarding their legal obligations under charity law, the decision making process, the business plan, and recent performance of the charity. All undergo an enhanced check by the Disclosure and Barring Service and receive training in safeguarding and child protection.

The board of trustees aims to represent a range of skills and backgrounds, including education, marketing, law, finance & business professionals. A priority is to ensure that those who have themselves experienced forced migration are well represented on the board and within all areas of the charity's work.

Organisational Structure

The charity is organized so that the trustees meet regularly to manage its affairs.

Risk Management

The trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining reserves at the current levels, combined with an annual review of the controls over key financial systems, will provide sufficient resources in the event of adverse conditions.

Subcommittees

Trustees run four subcommittees as part of this strategy: •Finance

•Fundraising •Communica�on •Governance

Related parties

None of the trustees receive remuneration or other benefit in their capacity as trustees of the charity. Any connection between a trustee of the charity and organisations providing services to the charity must be disclosed to the full board of trustees in the same way as any contractual relationship with a related party. In the current year no such related party transactions were reported.

Purpose and objectives

The charity's objects are to advance education, relieve poverty, distress, and suffering; preserve and protect physical, emotional or mental health by appropriate charitable education, rehabilitative, financial and other assistance.

In prioritising the objects of the charity trustees have a due regard to the guidance on public benefit issued by the Charity Commission.

Activities 2024/25

Salusbury World’s aim is that refugees, migrants and asylum seekers who seek our help will have the ability and confidence to navigate and succeed in society, feel supported and hopeful for the future.

We were thrilled to be selected by Trauma Treatment International to undertake a full review of all of our work and support us to develop a strategic plan to improve every aspect of our structure, policy, procedures and practice to better support staff, volunteers and beneficiaries from a trauma-informed perspective.

Our work in 2024/25 included:

• An accredited advice and advocacy service which provides help at critical moments, and ongoing support, to ensure that families receive the benefits and immigration rights to which they’re entitled, and have an understanding of those systems so that they can navigate them independently in the future.

• A women’s project, including English language classes to enable them to improve their language skills and thus their ability to manage their affairs, to support their children in school, and to seek employment.

• Social and cultural activities for children and adults, including creative writing and music projects which help build friendships, confidence and a sense of belonging.

Page 2

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Trustees' Report (continued)

Our work in 2024/25 included: (continued)

Salusbury World specialises in providing long & short-term, trauma and immigration informed advice and advocacy on a wide range of issues. The breadth and depth of these skills as well as the length of time for which an individual can be supported is extremely hard to come by. It is this patient, tenacious, holistic support which sets the work apart.

In 2024/25 our team supported 229 individuals (1014 appointments). 53% of these required an interpreter.

Using a conservative calculator of 3 individuals within each family, we estimate that at least 687 people will have been directly impacted by this work.

Clients report that they have greater confidence to deal with their benefit and housing entitlements themselves, going forward, and that they feel hopeful for their future in the UK

Clients said: ‘ Thank you so much for everything you have done for us. You do everything- more than other people. You have been a blessing for our family & I am so grateful to know you. ‘

Working in partnership with a broad cross-section of organisations supporting refugees, asylum-seekers and other new migrants, gives us insights into the many practical that impinge on their clients’ capacity to get the most out of their specialist work. In order to improve the capacity of these organistions to offer support & to make well-informed referrals, we developed a training project during 2024/25.

Our advice team have delivered workshops to key staff at family wellbeing centres and Refugee Education UK on:

Partner organisations said:

Thank you for such a helpful workshop. Thank you, lots of opportunity to ask questions and share experiences. I think a lot of the people that I come across in my role aren't facing the threat of homelessness, but after this workshop I feel much more prepared if someone did come to me who was homeless, in terms of what to do, how to communicate with the council, and what help to get.”

Women’s Project. (Staffing 1.2 FTE, rising to 1.6 FTE in April 2025)

Number of participants: 90 (year to July 2025).

New funding from the City Bridge Foundation and National Lottery Awards for All enabled us to begin expanding this project from Autumn 2024.

We recruited a project manager in November 2024 and a new teacher in January 2025, followed by a second teacher in April 2025.

The aim of the project is that refugee and migrant women who join develop the fluency and confidence in English to manage independently and confidently in their everyday lives in London. They make friends and feel less isolated.

We provide free, flexible and accessible English classes at local Family Wellbeing Centres (where free childcare is available). Our curriculum is determined by the women and the issues and concerns affecting their daily lives. The lesson content emerges through discussion, with the class often offering peer advice from shared experience.

Number of classes: 8

In addition to this, our partnerships have enabled us to offer a variety of trips, workshops and a monthly film club (with the Lexi Cinema).

Page 3

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Trustees' Report (continued)

Additional activities:

Drama workshops (Natasha Stanic Mann), 'My Kilburn High Road ' drama project with the Kiln Theatre (10 workshops), bespoke clay workshops with Jacqui Ramrayka (Artist in Residence at the Victoria & Albert Museum), trips to Kew Garden, libraries and picnics in the park & celebrations of events such as Eid & ‘Create Week’..

Participants said:

When I first came to the UK I didn’t understand anything, but now it’s better. I can go shopping & speak ok. Last year I went to college but coming here (Salusbury World’s Women’s Project) is much better. In college it’s all reading and writing. I didn’t learn anything. But here I can practice speaking. It’s very good!

Services for Young People. Staffing 0.5 FTE

Number of participants: 36.

Educational Mentoring

Young refugees and migrants face many challenges in adjusting to their new environment, improving their language skills, settling into school and developing a sense of belonging. Trauma leaves its imprint on many parents' mental health and reduces their ability to support children as the family navigate an unfamiliar world without a supportive social network.

In 2024/25, we supported 36 young people aged between 8 and 16 through educational mentoring and through creative projects. We delivered 3-day workshops in partnership with Create Arts and their fantastic team of skilled artists and trauma-informed project managers. We also worked with Jacqui Ramrayka, artist in residence at the V & A museum to deliver a ceramics workshop.

Young people told us that engaging with the project increased their confidence and reduced their social isolation. They made new friends at workshops and grew in confidence as they developed creative skills. 85% of participants were eligible for free school meals.

Young People said:

We are completely indebted to the volunteers (including trustees past and present) who made it possible to deliver these services. Their commitment, expertise, generosity, and humour are unrivalled.

We are also indebted to the remarkable organisations and individuals with whom we partner to extend the range and quality of activities we are able to offer.

In 2024/2025 our special thanks go to Trauma Treatment International, Refugee Education UK, the Lexi Cinema, Create, Jacqui Ramrayka & the Victoria & Albert Museum, the Kiln Theatre, Natasha Stanic Mann, Young Roots and Brent Family Wellbeing Centres

We are also deeply grateful to all those who support us in various ways: fundraising, making regular donations, attending events, advocating, donating furniture to families in need and simply being friends.

Priorities for 2025/2026

The board of trustees is optimistic that the foundations have been laid for a sustainable future but there is still much work to be

Page 4

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Trustees' Report (continued)

Key areas of work

Development of short- & long-term organisational plan

Financial review for the year

Total income for the year amounted to £272,251 with total expenditure of £188,310, resulting in a surplus in the year of £122,984.

Accumulated reserves at the balance sheet date amounted to £122,984. Unrestricted reserves of £56,038, of which £55,138 represent income reserves.

Investment powers and policy

The trustees, having regard to the liquidity requirements of operating the charity's activities, have kept a proportion of available liquid funds in an interest bearing account to maximise the rate of return, although given current rates of interest the rate of return is minimal. The trustees will review the position and consider alternative investments to maximise returns but will continue with a risk averse policy.

Reserves policy and going concern

The Trustees have undertaken a review of the charity's requirements for reserves in light of the main risks to the organisation, and the results for the year 2024/25. Current unrestricted reserves are £56,038 of which £38,143 are held in a designated staff reserve fund. Funding for next 12 months is anticipated to be in line with 2024/25 and this together with reserves held will be sufficient to ensure the charity continues its activities at current levels for the following 12 months.

Trustees responsibilities in relation to the financial statements

The charity trustees are responsible for preparing a trustees' annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Reporting Accountants

A resolution to re-appoint Liondaris & Co will be proposed at the AGM.

By order of the board of trustees

………………………………………………………………… Mice Piller Dover Alice Piller Roner | Signed by:

Trustee & Co-Chair 28 January 2026

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Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Independent Examiners' Report

I report to the Trustees on my examination of the accounts of Salusbury World (the charity), charity number 1071065, for the year ended 31 March 2025, which are set out on pages 9 to 16.

Respective responsibilities of trustees and examiner

The charity's Trustees are responsible for the preparation of the accounts in accordance with the Charities Act 2011 ('the Act').

The charity's Trustees consider that an audit is not required for this year under section 144 of the Act and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out below.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Accounting Technicians which is one of the listed bodies.

In connection with my examination, no material matters have come to my attention which gives me cause to believe, that in any material respect:

I have no concerns and have come across no other matter 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.

Christos Liondaris 6E0A697887F34F6... Liondaris & Co Certified Public Accountants

1st Floor Woodgate Studios

2-8 Games Road

Cockfosters Hertfordshire EN4 9HN

28 January 2026

Page 6

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD Statement of Financial Activities for the year ended 31 March 2025

----- Start of picture text -----
Unrestricted/ Restated
Restricted Designated Total Total
Notes Funds Funds 2024/25 2023/24
£ £ £ £
Income:
Income from other charitable activities
Fundraising & other income 2 176,289 95,962 272,251 255,467
Total income 176,289 95,962 272,251 255,467
Expenditure
Expenditure on charitable activities:
Direct Charitable expenditure 4 109,343 70,246 179,589 299,656
Fundraising costs 5 - 1,934 1,934 4,893
Governance & support costs 6 - 6,786 6,786 7,684
Total expenditure 109,343 78,967 188,310 312,234
Net income/(expenditure) and net movements
in funds before gains and losses on investments
7 66,946 16,995 83,941 (56,767)
Total funds brought forward 95,810 (56,767) 39,043 95,810
Total funds carried forward 162,756 (39,771) 122,984 39,043
----- End of picture text -----

The statement of financial activities includes all gains and losses in the year. All incoming resources and resources expended derive from continuing activities.

Page 7

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD Balance Sheet AS AT 31 MARCH 2025

Notes 2024/25 2023/24
Fixed Assets
Tangible fixed assets		 12 £ £
900		 £ £
900
Total fixed assets
Current Assets
Debtors
Cash at bank and in hand		 13 -
129,162		 900 -
63,090		 900
Total current assets
Creditors: amounts falling due
within one year		 14 129,162
(7,078)		 63,090
(24,947)
Net current assets 122,084 38,143
NET ASSETS 122,984 39,043
The funds of the Charity:
Restricted funds
Unrestricted funds		 15
15		 66,946
56,038		 -
39,043
TOTAL CHARITY FUNDS 122,984 39,043

The notes at pages 11 to 16 form part of these accounts

Approved by the trustees on 28 January 2025

Nasrat Sayyad Treasurer

Page 8

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Accounting Policies for the year ended 31 March 2025

Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of financial statements are as follows

Basis of Preparation

The financial statements have been prepared in accordance with Accounting and Reporting of charities: SORP applicable to charities preparing their accounts in accordance with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective date 1 January 2015) - Charities SORP (FRS 102), the financial reporting standard applicable in the UK and Republic of Ireland (FRS 102).

Salusbury World meets the definition of a Charity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy (notes).

Incoming resources

Income (including income from government and other grants) is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Interest and investment income receivable

Interest on funds held on deposit and income from investments held is included when receivable and the amount can be measured reliable by the charity.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of a charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside for a specific purpose. Restricted funds are donations or grants which the donor has specified are to be solely used for a particular purpose or area of the Trust's work or projects being undertaken by the Trust.

Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. It is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure has been incurred.

Taxation

As a grant aided charity with charitable status, the charity's activities do not create a charge to corporation tax.

Operating leases

Rentals paid under operating leases are charged to income on a straight line basis over the lease term.

Tangible fixed assets

Tangible fixed assets used by the charity are stated at cost less depreciation.

Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Page 9

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Accounting Policies (continued) for the year ended 31 March 2025

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of less than three months from the date of acquisition or opening of the deposit or similar account.

Creditors and provisions

Creditors and provisions are recognised 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 can be measured or

Financial instruments

The trust has only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. The charity does not acquire put options, derivatives or other complex financial instruments and does not therefore face any financial risk.

Pensions

The Trust operates a defined contribution pension scheme.

Page 10

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Notes to the Financial Statements for the year ended 31 March 2025

1 Legal status of the Trust

The Trust is a registered charity governed by its Trust Deed dated 13 July 1998.

2 Financial performance of the charity
Income
Expenditure on charitable activities
Expenditure on fundraising activities
Governance costs
Net income/(expenditure)
Total funds brought forward
Total funds carried forward
Represented by:
Unrestricted funds
Restricted funds
3 Incoming resources: Unrestricted income
Donations:
GMS Estates
Others
HMRC - Gift Aid
Restricted income
Queens Park Community
Brent HAF
Choose Love
Sutasoma Trust
L B Brent
Awards for all
The Henry Smith
Greater London Authority
City Bridge Foundation		 2024/25
£
272,251
179,589
1,934
6,786
188,310
83,941
39,043
122,985
66,947
56,038
122,985
-
85,376
10,587
95,962
-
-
-
4,000
29,750
20,000
22,500
59,167
40,872
272,251		 2023/24
£
255,467
299,656
4,893
7,684
312,234
(56,767)
95,810
39,043
39,043
-
39,043
17,142
129,678
6,147
152,967
10,000
10,500
10,000
4,000
-
-
-
68,000
-
255,467

Page 11

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Notes to the Financial Statements for the year ended 31 March 2025

----- Start of picture text -----
2024/25 2023/24
4 Analysis of expenditure on charitable activities
Staff costs 162,885 272,969
Other running costs 16,704 26,688
179,589 299,656
- -
Re-allocation of costs from fundraising activities
179,589 299,656
5 Analysis of expenditure on fundraising activities
Staff costs - 461
Other costs 1,934 4,432
1,934 4,893
- -
Re-allocation of costs to direct charitable expenditure
1,934 4,893
6 Analysis of governance and support cost
Staff costs 3,072 14
Accountancy fees 2,275 3,691
Legal & professional 1,439 3,980
- -
Other running costs
6,786 7,684
7 Net income /(expenditure) for the year
This is stated after charging:
- -
Depreciation - owned assets
-
Reporting accountants remuneration for accountancy services 2,280
8 Analyses of staff costs, trustee remuneration and expenses, and the cost of key
management personnel
Wages and salaries 156,896 241,498
-
Employers national insurance 22,059
Pension contributions 5,989 9,887
162,885 273,444
The average number of staff employed during the year
were as follows:
Direct charitable 8 11
Governance & support 2 2
10 13
The number of employees whose emoluments as defined for taxation purposes
amounted to over £60,000 in the year were as follows: - -
----- End of picture text -----

9 Trustees' remuneration

The trustees were not paid or received any other benefits from the Charity during the year in their capacity as trustees.

10 Related party transactions

There were no related party transactions to be disclosed during the year under review.

11 Corporation Tax

The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.

Page 12

Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD Notes to the Financial Statements for the year ended 31 March 2025

12 Tangible fixed assets

12 Tangible fixed assets
ALUSBURY WORLD
otes to the Financial Statements
r the year ended 31 March 2025
Cost:
At 1 April 2024
Additions		 Total
Unrestricted
Restricted
11,005
12,414
23,419
-
-
-
Fixtures, fitting and
equipment
At 31 March 2025 11,005 12,414
23,419
Depreciation
At 1 April 2024
Charge in year		 11,005
-		 11,514
22,519
-
-
At 31 March 2025 11,005 11,514
22,519
Net book value
At 31 March 2025		 - 900
900
At 31 March 2024 - 900
900
13 Debtors
Prepayments and accrued income
All the charity's fixed assets are functional fixed assets used for charitable purposes		 2024/25
2023/24
-
-
and office running.
-
-
14 Creditors
Amounts falling due within one year:
Other taxation & social security
Deferred Income
Accruals		 -
-
-
22,667
7,078
2,280
7,078
24,947
15 Analysis of charitable funds
Analysis of movement in restricted funds		 2024/25
Income funds:
L B Brent
Sutasoma Trust
Awards for all
The Henry Smith
Greater London Authority
City Bridge Foundation		 Balance at
01/04/2024
Income
-
29,750
-
4,000
-
20,000
-
22,500
-
59,167
-
40,872		 Expenditure
29,750
4,000
5,000
22,500
37,875
10,218		 Balance at
Transfer
31/03/2025
-
-
-
-
-
15,000
-
-
-
21,292
-
30,654
Total restricted funds -
176,289		 109,343 -
66,946
Analysis of movement in unrestricted funds
Balance at
01/04/2024
Income
General fund
38,143
95,962
Capital Reserve - designated
900
-		 Expenditure
78,967
-		 Balance at
Transfer
31/03/2025
-
55,138
-
900
Total unrestricted funds 39,043
272,251		 78,967 -
56,038

15 Analysis of charitable funds Analysis of movement in restricted funds

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Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD

Notes to the Financial Statements for the year ended 31 March 2025

Analysis of net assets between funds
Fixed assets
Cash at bank
Net assets/(liabilities)		 Unrestricted
-
62,216
(7,078)
55,138		 Designated
Restricted
900
-
-
66,946
-
-
900
66,946
2024/25		 Total
900
129,162
(7,078)
122,984
Analysis of movement in restricted funds
Balance at
01/04/2023
Income funds:
Brent HAF
-
Choose Love
-
Mayor of London
-
Queens Park Community
-
Sutasoma Trust
-
Total restricted funds
-
Analysis of movement in unrestricted funds
Balance at
01/04/2023
General fund
54,910
Trustees Fund - designated
40,000
Capital Reserve - designated
900
Total unrestricted funds
95,810
Analysis of net assets between funds
Fixed assets
Cash at bank
Net assets/(liabilities)		 Income
10,500
10,000
68,000
10,000
4,000
102,500
Income
152,967
-
-
152,967
Unrestricted
-
85,857
9,053
94,910		 Expenditure
10,500
10,000
68,000
10,000
4,000
102,500
Expenditure
209,734
-
-
209,734
Designated
900
-
-
900
2023/24		 Transfer
-
-
-
-
-
-
Transfer
1,857
(1,857)
-
-
Restricted
-
-
-
-		 Balance at
31/03/2024
-
-
-
-
-
-
Balance at
31/03/2024
-
38,143
900
39,043
Total
900
85,857
9,053
95,810

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Docusign Envelope ID: 294FE1E0-8C94-43FE-8508-EB32CF328FC0

SALUSBURY WORLD Detailed Income and Expenditure for the year ended 31 March 2025

----- Start of picture text -----
2024/25 2023/24
£ £
Income
Voluntary income & donations 95,962 255,467
Grants receivable - restricted 176,289 -
272,251 255,467
Charitable expenditure
Staff costs 156,896 263,082
Staff pension costs 5,989 9,887
Staff training & welfare 2,618 1,146
Staff recruitment 658 299
Rent & services 2,545 2,105
Printing, postage & stationery 1,801 35
Telephone 1,596 2,308
Kids activities & resources 305 14,604
Membership fees 3,325 2,589
Repairs & office equipment 2,873 3,604
General running costs 504 (742)
Travel & subsistence 478 739
179,589 299,656
Costs of generating funds
Staff costs - 461
Other costs 1,934 4,432
1,934 4,893
Governance costs
Staff costs 3,072 14
Reporting Accountant fees - 2,280
Bookkeeping and payroll fees 2,275 1,411
Legal and professional 1,439 3,980
6,786 7,684
NET INCOMINGS/(OUTGOINGS) IN YEAR 83,941 (56,767)
----- End of picture text -----

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