## Annual Report 2025 Dy, Challenging perceptions, changing lives mT - oe J L ae | fr f ## A message from the Chair This year has been an important one for London Gypsies and Travellers. It has been a time to pause, listen and think carefully about where we are going and how we want to work in the years ahead. LGT works alongside Gypsy and Traveller communities across London, supporting people to deal with everyday pressures while also pushing for longer-term change. Much of the year’s work has been about y making sure we are set up to do that well – now and into the future. A key focus has been creating our new Strategic Plan for 2026 to 2029. This was a practical and collaborative process, shaped by conversations with community members, staff and trustees. As Chair, I found it both challenging and encouraging. It helped us be clear about our priorities and honest about where LGT can have the greatest impact. The plan gives us a strong and shared direction. I am especially proud of our work with young people through Bright Futures. We are seeing young Gypsies and Travellers grow in confidence, build skills and take steps towards education, training and work. Supporting young people matters deeply to me, because they are central to the future of our communities and to the change we want to see. None of this happens in isolation. I want MW to thank the community members who "i work alongside us, the staff and trustees for their commitment and the partners and funders who support and challenge us. As we move forward, we do so with a clear plan, strong relationships and real belief in the strength of our communities — especially our young people. Helena Kiely-Savin Chair, London Gypsies and Travellers **2** ## About this Annual Report ## **Our long-term ambitions for each strategic theme** During 2025, London Gypsies and Travellers embarked on a six-month journey of reflection about its values, vision, mission, ambitions and goals. It was grounded in the organisation’s longstanding relationships with the community and enriched by the knowledge, experience and insights of staff and trustees. The result is our Strategic Plan for 2026 to 2029. Decent living conditions for Gypsies and Travellers in London **Homes** **Equity and inclusion** Inclusive systems and services for Gypsies and Travellers – in accommodation, social services and youth services The plan provides the strategic priorities that will shape our ambitions and goals for the years ahead. It is centred on four main strategic ambitions: - Organisational resilience - Homes - Community power - Equity and inclusion A thriving organisation with **Organisational** Strong Gypsy long-term financial **resilience** and Traveller sustainability **Community** communities in and operational **power** London, able to excellence shape the decisions that affect their lives a We have used the same structure for this Annual Report, summarising our work during 2025 under each ambition and illustrating how we are already working towards them. You can download our full strategic plan by scanning the QR code on the right. **3** Funders **2025** AB Charitable Trust BBC Children in Need Garfield Weston Foundation Greater London Authority – Propel New Deal for Young People Fund Henry Smith Charity Irish Government Emigrant Support Programme Joseph Rowntree Charitable Trust Lloyds Bank Foundation London Borough of Hackney London Borough of Islington Trust for London **4** ## People we have worked with in 2025 **----- Start of picture text -----**
Enfield
Families supported by borough
102
Barnet
(Bright futures)Young people 16 6 Haringey Waltham Forest Redbridge
Harrow 69 14 14 11
68 98 13 12 Hackney 12 Havering
106
7 Brent Camden
Islington 18 Barking &
Hillingdon 8 0 Westminster 22 Newham Dagenham
Advice & City
Ealing 2 0 Tower
advocacy Kensington Hamlets
Hammersmith & Chelsea 6 Greenwich
313 Hounslow & Fulham 16
Southwark 1
11
4 4 Wandsworth 18 Bexley Overall total
Richmond 14 Lambeth Lewisham
Community
11
development
6
Merton
144 Kingston Bromley 705
39 12 15 Note: the borough breakdown does
18 not add up to the total number of
people. This is because there is a lot
Outside Sutton Croydon of movement between boroughs and
Total: 521 of London so one family will appear twice.
5
**----- End of picture text -----**
## Organisational resilience Alongside its work programme working with and for members of the community, LGT looked to its own future. Continuing the organisational resilience project begun in 2024, it reflected on the challenges facing the organisation and how to build strong foundations for resilience and effectiveness in the years to come. In LGT’s new strategic plan, organisational resilience was identified as one of the four main strategic priorities. In the coming years, LGT’s resilience work will be focused on:  Increasing LGT’s income from providing professional services such as training and advice. This work will be rooted in the voice of the community and its lived experiences. - Supporting staff – prioritising wellbeing, encouraging development and strengthening diversity and Gypsy and Traveller leadership. - Improving data systems, strengthening knowledge management and streamlining operations. - Increasing LGT’s reach and profile through online communication channels and the wider media. ## **£** ## **Strategic ambition** A thriving organisation with long-term financial sustainability and operational excellence To achieve this we will diversify our income and develop the core organisational functions that support us to deliver our strategic ambitions effectively and efficiently ## **Exploring how we change systems** Early in 2025 as LGT began to review its strategic plan, researchers from the Institute of Voluntary Action Research (IVAR) facilitated a day’s workshop with LGT staff and trustees to explore our systems change journey. We explored the root causes of discrimination and barriers that Gypsy and Traveller communities face, our experience **6** of how inequalities and failures in different systems intersect, and our role in bringing long-term, impactful change for these communities. Experienced IVAR researchers were able to extract key learning points from our experience. These included the need to: ## **Gypsy and Traveller leadership** LGT is shaped and guided by Gypsies and Travellers and their lived experience at every level. We aim to keep strengthening that leadership so that community members remain at the centre of decision-making. - invest in relationships and collaboration - pursue both soft and robust influencing tactics - develop a shared agenda with the communities we serve - prioritise ongoing learning and reflection. organisations. As a result, LGTs work was featured as a case study for Propel, a major funder for community organisations working towards systems change. For LGT, this was a valuable opportunity to reflect on progress to date, our long-term strategic ambitions and how our work fits into a bigger picture. There were benefits for IVAR too, as they build evidence and learning points from working with different community-led social change “ We as a community can respond and take ownership to work together and change things for future generations.” Participant at the IVAR workshop **7** ## Homes ## **The basic necessities** 1. Cooking facilities 2. Laundry access 3. Wi-Fi 4. Secure storage 5. Clear information **x5** ## **Campaigning on temporary accommodation** As a member of the Better Temporary Accommodation for Londoners initiative, supported by Trust for London, LGT joined with The year has seen a sharp increase in the number of Gypsy and Traveller families placed in temporary accommodation as the supply of affordable social housing and dedicated sites continues to diminish. With fewer pathways into stable, long-term housing, many families are left in unsuitable or precarious conditions for long periods. LGT has dedicated itself to helping these families – advocating for safer placements, addressing poor conditions and ensuring that households understand their rights and options. other organisations and promoted its Fix the Five Basics campaign. The campaign urges boroughs to guarantee five basic necessities every time someone is placed in temporary accommodation. A lack of clear information remains one of the most significant barriers for many Gypsy and Traveller families. LGT has worked to ensure guidance is provided in formats people can use and trust. **Strategic ambition** Decent living conditions for Gypsies and Travellers in London “ No family should be pushed into homelessness because of unaffordable council rents or poor communication.” Geraldine Lindsay, LGT’s Head of Family Services To achieve this ambition, we will campaign for culturally suitable accommodation and support those who are most impacted by the housing crisis **8** ## **Unaffordable housing in Enfield** London Gypsies and Travellers released a new report exposing the deepening housing crisis faced by Gypsy, Traveller and low-income families in Enfield. It is based on casework and research by LGT’s Accommodation Advice Service team during 2024 and 2025 when, with funding from Trust for London, it supported 92 Enfield families affected by council policies. The “A Triple Housing Crisis” report highlights how council-owned companies increased rents to unaffordable levels – leaving many households trapped in temporary accommodation or at risk of homelessness. At LGT’s launch event for the report, community members talked about their experiences of homelessness and being threatened with eviction. They appealed directly to London Assembly and local authority representatives present to solve their cases. LGT has been following up on these and more than 30 other cases in Enfield. **Enfield accounted for 31% of the time that the LGT team devoted to supporting families who needed housing advice in 2024** 31% & ## **Tailored advice on accommodation and welfare** LGT has continued to support Gypsy and Traveller families as they navigate increasingly challenging accommodation and welfare systems. Community members remain disproportionately affected by the transfer to Universal Credit, with system failures, delayed payments and shrinking eligibility for Council Tax support deepening insecurity for those already facing structural disadvantage. LGT has helped individuals understand their benefit entitlements, challenge incorrect decisions and overcome digital and bureaucratic barriers. **9** ## Community power ## **Building community power in Brent** When Brent Council threatened to evict families on the Lynton Close site in May, site residents and LGT’s community development team came together to fight back. Following decades of neglect by Brent Council, Lynton Close had become overcrowded and fallen into disrepair. For two years, LGT and residents had petitioned Brent Council to improve fire safety on the site, but now Brent wanted to address the problem by evicting 74 families, including over 100 children, into bricks and mortar housing. Building relationships with local allies, LGT worked with the community to strengthen its voice and oppose the evictions, improve conditions and push for new sites in Brent. Local and national press highlighted the campaign. ## **Strategic ambition** Strong Gypsy and Traveller communities in London, able to shape the decisions that affect their lives To achieve this ambition we will invest in the skills, confidence and capacity of Gypsies and Travellers in London to access opportunities and influence decisions that affect them – both with and independently of LGT **10** ## **Young people forging their own futures** “ We’re not just going to get up and leave, we’re going to make a stand” Bernie Corcoran, Lynton Close resident, speaking to the BBC Building on the momentum of 2024, Bright Futures has strengthened its role as a dedicated mentoring and employability programme for Gypsy and Traveller young people aged 15 to 25. The programme expanded its reach and deepened its impact, fostering confidence, wellbeing and stronger community connections. Over the year, Bright Futures engaged with over 90 young people. Around 50 received guidance and support. Six mentees progressed into college courses on subjects such as plumbing, art and design, hair and beauty and fashion LGT supported residents to access legal representation to safeguard their rights. LGT’s Accommodation Advice Service team stepped in to support residents with their tenancies and finances. Local MP Dawn Butler accepted an invitation to visit Lynton Close, where she spoke to residents and then raised her own concerns with the council. Community members also made collective representations at council cabinet meetings. Evictions are now off the table. Interim fire safety measures have been introduced and Brent Council is searching for land for new sites to ease overcrowding. **11** and clothing. Others completed vocational qualifications in English and Maths Functional Skills, Design Engineer Construct! and the Construction Skills Certification Scheme (CSCS). Mentees and their families played a pivotal role by referring siblings and peers. Engagement with young women has grown significantly, with nearly half of the young people in the programme being female – a reflection of the programme’s success in building trust and relevance. “I feel good knowing I can do something for my future, which is not how it felt before. Bright Futures has helped open up options for things to do for me, and I am enjoying college now.” Bright Futures mentee, aged 16 “ My mentor has helped me do the course I wanted to do… it helped me improve my confidence and talk to people. I would not be on this journey without them.” Bright Futures mentee, aged 18 The Bright Futures team has grown to four staff members, enabling greater outreach and personalised support. Community engagement has strengthened through site visits, social media and workshops. ## **Bright Futures partnerships** Partnerships were central to the programme’s progress. We delivered a Young Health Champion **12** “ I see a big difference in his confidence… I am happy with what you have done for him and trust you to support him.” Parent of mentee course pilot in collaboration with Friends, Families and Travellers, who developed the course with the Royal Society of Public Health. Nine young people completed the course, leading to a GCSE-equivalent qualification. This marked an important collaboration between two organisations for Gypsies and Travellers at the youth service level. **----- Start of picture text -----**
Bright Futures...
e
Engaged with 90 young
people and their families
f 90
Supported 50 young mentees
**----- End of picture text -----**
## **Bright Futures: learning and evaluation** LGT entered a learning partnership with the Mantle consultancy to reflect on Bright Futures’ progress and shape a framework for effective mentoring. In two interactive workshops, staff and trustees explored values, mapped experiences and aligned programme delivery with organisational strategy. Insights from these sessions will inform the development of tools and guidance in the future. **13** ## Equity and inclusion ## **Campaigning for fair accommodation planning** Since 2022, the Gypsy and Traveller Accommodation Needs Assessment, commissioned by the Greater London Authority (GLA), has been evaluating the need for pitches and other adequate accommodation for Gypsies, Roma, Travellers and Travelling Showpeople in the capital. **----- Start of picture text -----**
Inclusive
systems and
services for
Gypsies and
Travellers
Accommodation Youth services
Social services
**----- End of picture text -----**
## **Strategic ambition** In 2025, it presented the data on which it would base the assessment of need. However, London Gypsies and Travellers and other community organisations contested the accuracy of the data and called for urgent corrections to be made. LGT pointed out that errors in the research and analysis had resulted in the number of pitches and other accommodation required being underestimated by more than half. By LGT’s estimate, the assessment’s proposal that London needs 861 additional pitches would barely cover the deficit that has accumulated over the past 30 years, when no new sites were built. To make up for that historical deficit, to allow people who are stuck in unsuitable housing Inclusive systems and services for Gypsies and Travellers – in accommodation, social services and youth services To achieve this ambition, we will work collaboratively with strategic partners, influence policy and challenge discrimination to move back into sites and to plan for new households in the next ten years, London actually needs more than 2,000 new pitches. With partner organisations, LGT wrote to the Greater London Authority’s officers, Deputy Mayors and others involved in the **14** the survey assessing need for the Gypsy and Traveller Accommodation Needs Assessment. Therefore, their needs were not counted. LGT pointed out that the first step of a good accommodation needs assessment should be to count all the Gypsies and Travellers who live in an area – without relying on Census statistics which are known to undercount by as much as half. assessment a total of seven times about the issue in 2025. Representatives met with City Hall decision-makers four times. For all this, mistakes remain in the assessment. LGT hopes these will be corrected before the London Plan 2031 goes to the government’s planning inspector. ## **Not everyone counts, Forum finds** What research would support accommodation planning for an inclusive and diverse London? This was the question discussed by community members from six boroughs, with London Assembly members and local council officers, at the London Gypsy and Traveller London meeting in November (pictured above). Feedback from the community had revealed that many families across the London boroughs had not been involved in, or were not aware of, ## **Supporting inclusion in social services** LGT provided support and advocacy to 10 families, helping them navigate social services to achieve positive and sustainable outcomes. In five of the six cases where children had been placed in care, the children have now been reunited with their families. **10 families supported through engagement with social services** **15** ## **Equity and inclusion work in the boroughs** LGT has continued to work with many boroughs to support appropriate accommodation, site delivery and improved living conditions. ## **Camden** Community members stood up for their right to live in culturally suitable accommodation, despite a local campaign opposing a small new site. LGT supported community members who wanted to speak up in the local press. “ These injunctions disproportionately affect Gypsies and Travellers, and particularly Gypsy and Traveller children, who are some of the most vulnerable in the entire country.” Dexter Dias, High Court judge rights of Travelling families, especially children, who should not suffer the effects of the evictions that come with such injunctions. The judge asked Richmond council to provide additional evidence that it really needed the injunction. ## **Hackney** LGT supported members of the Hackney Traveller Action Group, attending a council cabinet meeting to voice concerns over delays in finding suitable land for new sites (pictured right). The Council had identified the need for 92 new pitches, but delays have resulted in £2 million funding for site delivery being lost. ## **Richmond** LGT challenged the council’s injunction against “persons unknown” in the High Court. The judge said in February that the court took very seriously the **16** ## **Ealing** LGT contributed to the public examination of the local plan in June and December. The plan was subsequently improved, with the commitment to building Gypsy and Traveller pitches growing from six pitches in June to 43 at the end of the year. ## **Enfield** LGT supported a public meeting consulting on plans for three new sites, explaining to settled residents who objected to the plans that all parties wanted the same thing: harmonious neighbourhoods that meet everyone’s needs. ## **Islington** LGT worked with Traveller residents and the council planning department to find more than 250 potential parcels of land that could be used for communal sites. The council found that nine were suitable and deliverable – up from three identified locations a few years ago. ## **Lewisham** LGT helped local community members start a new collaboration with the Lewisham Irish Centre – which hosted meetings with council officials about proposals for a new site. ## **Professional training and awareness raising** LGT continued sharing its expertise with professionals at local authorities and public services. A total of 95 staff at five councils and organisations received our structured training and presentations. The LGT team has engaged with many more in the course of its casework and advocacy support. **----- Start of picture text -----**
95 people
received LGT
training to
build cultural
competence
**----- End of picture text -----**
**17** ## **STAFF** Debby Kennett, Chief Executive Tom Margetson, Community Development and Campaigns Lead (until Feb 2025) Rhianna Ketley, Community Development and Campaigns Lead (from Feb 2025) Nancy Hawker, Policy and Research Officer Mena Mongan, Community Engagement Officer Padmini Ravi, BF Programme Lead Teyha Hadley, BF Project Worker/Youth Mentor (until July 2025) Ryekar Faraj, BF Youth Mentor (from May 2025) Sarah McDonagh, BF Youth Engagement Worker/ Mentor (from March 2025) **BOARD OF TRUSTEES** Helena Kiely-Savin, Chair Chair (until Sept)until Sept)pt)t)) ## James Watt, BF Project Worker/Youth Helena Kiely-Savin, Chair Chair Mentor (from Sept 2025) (until Sept)until Sept)pt)t)) Geraldine Lindsay, Tessa Buchanan, Chair Head of Family Services (from Sept) Olli Wells, Accommodation Richard Bennett, Treasurer ~~a~~ Advice Triage Worker Marian Mahoney, Vice Chair Joe Clark, Accommodation Sally Barter Advice Admin Assistant Sarah Edwards Orlando Phipps, Felix Lynn (from Sept) Orlando Phipps, Accommodation Advice and Advocacy Worker Richard Lush, Admin and Operations Chelsea Mac Donnchadha Tunji Makanju Giorgio Mariani ## **FREELANCE SUPPORT** Adam Gardner, Resilience strategy Zemichael Abhra, Finance Fran Ferris-Ockwell, Fundraising Simon Crompton, Communications Hils Tranter, Graphic design **18** ## Accounts ## **LONDON GYPSIES AND TRAVELLERS** Statement of financial activities (incorporating an income and expenditure account) for the year ended 31st March 2025. ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025** |Unrestricted
funds
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations
2
**66,447**
Investment income
3
**7,034**
Other income
4
**5,900**
**Total**
**79,381**
**EXPENDITURE ON**
**Charitable activities**
Policy/ Strategic Development
**25,078**
Youth
**18,284**
Community Development
**59,358**
**Total**
**102,720**
**NET INCOME/(EXPENDITURE)**
**(23,339)**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**167,645**
**TOTAL FUNDS CARRIED FORWARD**
**144,306**|Restricted
funds
£
**335,491**
**-**
**-**
**335,491**
**85,390**
**54,391**
**216,243**
**356,024**
**(20,533)**
**119,942**
**99,409**|**31.3.25**
**Total**
**funds**
**£**
**401,938**
**7,034**
**5,900**
**414,872**
**110,468**
**72,675**
**275,601**
**458,744**
**(43,872)**
**287,587**
**243,715**|31.3.24
Total
funds
£
459,777
4,948
7,563
472,288
104,689
60,698
240,614
406,001
66,287
221,300
287,587| |---|---|---|---| a: a TR E BY hg REGISTERED COMPANY NUMBER: 3585698 (England and Wales) REGISTERED CHARITY NUMBER: 1072111 REPORT OF I'HE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR LONDON GYPSIES AND TRAVELLERS (A COMPANY LIMITED BY GUARANTEE) Prestons Chartered Accountants 364368 Cranbrook Road Gants Hill llford Esscx IG2 61tY LONDON GYPSIES AND TRAVELLERS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of tbe Trustees IDdependent Examfin¢r's Report Statement of Flnanclal Actlvltle8 Statement of Flnanelal Posltion 9 to 10 Notes to the Flnanclal Statements 11 to 21 LONDON GYPSIES AM) TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Thc trustces who are also dircctors of the charity for the purposes of the Companies Act 2(X)6. pr¢s¢nt thcir report with the f￿anCIal Stat¢D]￿tS of thc charity for thc y¢ar cndcd 31 March 2025. Thc trustces have adopted the provisions of Accounting and Reporting by Charities." Statcmcnt of R¢comm¢nd¢d Practice applicable to charities preparing their accounts in accordance with thc Finanrial Rcporting Standard applicable in the UK and Republic of treland {FRS 102) (effective l January 2019). OBJFCTIVES AND ACTIVITIES Objectives and Publlc Benefit Th¢ PUTpose and aims of London Gypsies and Travellers, as set out in the Charity's governing document, are to: - advance the education of Gypsic5 and TTavcllcrs and their children; - preserve and protect the health of GyT)sics and Travcll¢r8> providing rclicf for those who are in conditions of need, hardship, sickness and distress. - promote good community relations particularly by advancing the education of the public and promoting an understanding of the Gypsy and Traveller way of life. advance citizenship by strengthening the capacity and skills of Gypsi¢s and Trav¢ll¢rs to participate fully in society. Our ultimate vision is to see Gypsies and Travellers living in London gaining greater control over their lives, more influcncc on the decisions that affect them, more opportunities and an end to the discrimination they experience ¢very day. . This report look8 at what the charity has achieved and the outcomes of its work in tbc reporting period. London Gypsies and Travellers, objects are delivered through projects and activities that are focussed on th¢ following four areas: Young people - through the delivery of our Bright Futures mentoring programme we provide mentoring, employability and wellbeing support for young people so they can develop the awareness, motivation and skn'lls they need to actively engage in wider society with pride and confidence. Work And skllls - providing skills development and supporting digital inclusion for adults. Homes - supporting residents through th¢ delivery of our accommodation advicc service, community development and outreach work and supporting community-led campaigns for culturally suitable accommodation. Equsllty and Ineluslon - challenging discrimination and influencing national, regional and local policy in relations to the needs of Gypsies and Travellers. Publlc benefit The trustees have ensured that the charity has carried out its purposes for the public benefit. They have had regard to Charity Commission's guidance on public benefit and have taken this guidance into account when making decision8. Fach y¢aT the board rcvicws the aims, objcctlVC8 and activities of the charity as outlined in the annual operational plan as wcll as the broader 8trat¢gic plan. which is rcvicwed every 2-3 y¢ars. This Tevicw PTOC¢8S h¢lp8 to cn8ur¢ that activities remain focused on th¢ charity's stated objectives. The trustees confirni that they bave complied with the duty in section 4 of the Charities Act 2011 to hav¢ duc Tegard to public benefit guidance published by the Commission in deterniining the activities undertaken by th¢ Charity. Page I LONDON GYPSIES AND TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Charitable activities The charitgs main achievements and perforniancc during the year arc set out in the Trustees, Annual Revicw, pr¢s¢nted at the Annual General Me¢ting. This r¢view outlines progress across the four key areas of our work. In 2024-25, we continued to delivcr our funded Programmes to Gjysy and Traveller communities across IA)ndon. During 2024, w¢ worked with 641 families from GRT communities in 31 London boroughs. Demand for our scrviccs has increased significantly, and we have expanded the capacity of our team where possible to respond to this need. Over the past year, we have also made good progress in Strengthening partnerships and collaborations with other organisations in the sector. Alongside this, we have focused on building the core foundations of LGT through our organisational resilienc¢ strategy, ensurin8 Sustainability for the future. This has included Teviewing internal systems and proccsse8 and securing additional support to enhance financial management and income generation. FINANCIAL REVIEW FinAnelal Revlew The results for the charity for the y¢ar ended 31 March 2025 are set out in the financial statsments. Overall, 2024-25 has b¢¢n a stable financial year for London Gypsies and Travellers, despite the ¢hallcnges of the cost-of-Living crisis. Thanks to ihe funding that was received during the y¢ar from BBC Children in Need, Trust for London, Irish Embassy EMi￿ant Support FrO￿an1￿C, London Borougbs of Hackney and Islington, Joseph Rownlrce Charitable Trust, Henry Smith Charity> The Oak Foundation and Propel (the MayoV8 New Deal for Young People) We received corc funding from the Lloyds Bank Foundation and Garfield Weston Foundation, which helped significantly to ensure that core costs were adequately covered. Page 2 LONDON GYPSIES AND TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Reserves policy As a cbarity th¢r¢ is a duty to spend our resources on our chaTitabl¢ pu￿oses, but wc also nccd a level of reserv¢s to ensure that we can fulfil our service d¢livery and our legal and good managcmcnt obligation5, sbould w¢ have funding difficulties. As such, reserves are maintain¢d at a level that would cnable the charity to manage its on-going service delivery in the light of changing funding scenarios. The truStc¢s th￿efOre aim to monitor fluctuations in income and expenditure to ensure that the charity not only meets its present obligations but Can also reasonably cope with these unforeseen Circurnsts￿ces. The primary use of the charity's reserves is to deliver the programme of support to the Gyysies and Travellers of London io accordance with the objectives set out when funding was granted. As such, any restricted reserves are actually funds which have already been received for a work stream that continues into future years. The charity has no material liabilities ￿eater than one year, sucb as leasehold properties or hire purchase vehicles. therefore, in the evcntuality of a drop in funding, expenditure Can be reduced to reflect the lower income level. The trustees hav¢ a poli¢y to ensure that the minimum level of reserves will be not less than the total winding up costs of the charity. Th¢ trustees, with the help of management, will keep the reserves policy und¢r r¢vi¢w to ensure that the right balan¢¢ is maintsined. Furthern]ore, in keeping with the best practice guidance issued by the Charity Commission, going forward the trustees will continue to review the reserves policy, annually, at the same time that the annual budg¢ting and strategic planning for the year is Ca￿led out, recogni8ing that strategi and financial planning inforn]s the development of reserves policies and vice versa. There are 3 categories of re8crves: Designated reserves, Unrestricted reserves & Restricted reserves. Deslgnated Reserves arc ihose reserves set aside at a level agreed annually by the trustees, to ensure that. if it became necessary to wind up the operations of the charity, there are always sufficient fill)ds available to meet the liabilities of the charily towards its staff and any on-going contracts. The level of designated reserves represents the minimum level of reserves npxcssarily held at any moment in time. Unre8trlcted Re8erve8 are thos¢ r¢s¢rves, accumulated over time, for which the donor bas not stipulated that funds should be used for the delivery of a particular PTOj¢Ct or arca of work. Where budgets identify peak8 and troughs in cash flow, the level of the reserves is adjusted to ensure the continuance of the Charity as a going concern. Restrlcted Reserves Carrled Forward are those funds which hav¢ been carried forward bccause the specific project or purpose for which they were donated extends beyond the accounting period of these accounts. Golng concern Although r¢s¢rves are expected to reduce below the level that the trustees would nornially accept, having rcviewed LGT'S forecasts and projections up to 2027, tbe trustees have a reasonable expectation that there arc adequate rcsourccs lo deliver the Lurrent work Str￿Ill and to r¢tun] rcscrvcs back to a more normal level. LGT thercforc continues to adopl the going concern basis in pr¢paring its financial statements. There are no material uncertainties about thc charity's ability to continue. STRucfuRE, GOVERNANCE AND MANAGEMEIYT Governing document The cbarity is controlled by its governing documcnL its memorandum and articles of association, and constitutes a limited company. limited by guarantee, as dcfincd by th¢ Companie5 Act 2006. Page 3 LONDON GYPSIES Aryj D TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IktARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appolntment of new trustees The Board of Trustees m¢¢t 6 times a year including the AGM. Trustees are recruited through publicising and advertising through comniunity networks. There is a recruitment proce88 in plac¢ which includes an application forn], interview, and request for references. A decision to appoint a new trustee is njade at a board meeting, and an induction for new trustees will thcn take placc. Opportunities for training on the role and responsibilities of trustees are provided. Trustees who wish to stand ar¢ appointed each year at tbe AGM. The board elects officers (Chair, Treasurer and SecTCtary) and members of its three sub-committees (Finance, Human Resources and Risk Managcment). This takes place at the board meeting that follows the AGM each year. Rlsk mansgemellt Trustees have a duty to identify and review ihc risks to which the charity IS CXPO8ed and to ensure that appropriate controls are in place to providc reasonable assurance against fraud or error. The Operational Risk Management document is reviewed and updated by truste¢s on a rcgular basis to ensure that systems and proccdurc5 arc in place and operating effectively. REFERENCE AND ADMINISTRATIVE DETAILS Regl8tered Company number 3585698 (England and Wales) Reg18tered CbArlty number 1072111 Reglstered offlce Mildmay Community C¢ntre Woodville Road. Ma￿lI1e Estate London N16 8NA Trustees Tessa Buchanan (Chair} - Appointed Sept 2025 Helena Ki¢ly-Savin (Chair) - Resigned - Sept 2025 Marian Mahoney (Vice Chair) Richard Bennett (Treasurer) Tunji Makanju Sarah Edwards Giorgio Mariani Chelsea Ma¢ Donnchadba (previously McDonagb) Sally Bart¢r Felix Lynn - Appointed Sept 2025 Company Secretary: Deborah Kennett Page 4 LONDON GYPSIES ANDTrAVELLERS REPORT OF THE TRUSTEES FOR THE YEARENDED 31 MARCH 2025 REFERENCE AND ADMINISTRAT￿￿ DETAILS Independ¢o¢ Ez4mlier Amwer hlel (BA filons). FC& BFP ChartE￿d Accountants 36fy368 cn￿1*0Dk Rold OM*8 Hlll llfwd 102 6HY Approved by ord¢rof lh¢ bDord of ¢rU￿t￿ on and 8ign¢d on Its beholfby: Tessq "tocEor: I L [I)IYo&o,. PJ8¢ 5 INDEPEIWEF4T EXAMINERIS REPORT TO THE TRUSTEES OF LONDON GYPSIES AND TRAVELLERS Independent examiner's report to the trustees of London Gypsies and Travellers ('the Company,) I report to the charity trustees on my examination of the accounts of thc Company for the year ended 31 March 2025. Respon$lbllltles and basls of report As the cbarity's trustees of the Company (and also its directors for the purposes of company law) you are rcsponsiblc for thc preparation of thc a￿Ount$ in accordance with the requirem¢nts of th¢ Companics Act 2006 {'the 2006 Act?. Having sali$fi¢d 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 examinatlOD of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (Ihe 2011 Act,). In carrying out rny examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Page 6 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON GYPSIES AND TRAVELLERS Independent e￿Miner'S itatemenl Since your clwitys gross income exceed¢d £250.000 your examiner must be a member of a listed body. I Can confm Ihat l am qualified to undertake the examination b￿aUSe J anl a m¢niber of the Institute of Chartered Accountants in Ensland and Wale4 whi¢h is one of the listed bodies. I have completed my examinatlon. I confirni that no matters have come to attention An ¢onn¢ction with the examination giving me Cause to belleve: accounting records were nol kept in r¢s￿¢t of the Company required by Section 386 of the 2006 the accounts do not accord with those records; or th¢ accounts do not wmply with the aC￿untIng requirements of Section 396 of the 2006 Act other than any reqUire￿ent that the ac¢ounts give a true and fair view which is not a matteT considered a5 part of an independent examination: OT the accounts have nol been prepared in accordance with the methods and prAnciples of th¢ Statement of Recommended Pmtice for accounting and reportin8 by charities (applicable to charities preparing theAr accounts in accordance WAth the Financial Reporting Standard applicable In the UK and Republi¢ of Ireland (FRS 102)). I have no ¢oncerns and have come acro&8 no other matters in ¢omK¢tion with the exarnination to whlch attention Should be drawn in this report in order to enable a proper understanding of the accounts to be r¢a¢hed. Anwer Patel (BA Ho￿A FCA. BFP The Institute of Chartered Accountant8 in Eng]and and Wales Prestons Chartered A¢¢ountants 364-368 Cranlyook Ro G8nts Efill Ilford Essex IG2 6HY 16.1.: ..1 ..................... Page 7 LONDON GYPSIES AND TRAVELLERS STATEMENT OF FINANCIAL ACTJVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 Total funds 31.3.24 Total fimds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations 66,447 335,491 401,938 459,777 Investment income Other income 7,034 5,900 7,034 5,900 4,948 7,563 Total 79?81 335,491 414,872 472,288 EXPENDITURE ON CharfitAble actlvfities Policy/ Stratcgic Development Youth Community Development 25,078 18384 59,358 85?90 54,391 216,243 110,468 72,675 275,601 104,689 60,698 240,614 Total 102,720 356,024 458,744 406,001 NET IIYCOMEI@XPENDITURE) (23a39) (20,533) (43,872) 66,287 RECONCILIATION OF FUNDS Total funds brought fonvard 167,645 119,942 287,587 221,300 TOTAL FUNDS CARRIED FORWARD 144a06 99,409 243,715 287.587 The notes forni part of these financial statements Page 8 LONDON GYPSIES AND TRAVELLERS STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 10 6,969 8,5(Xl CURRENT ASSETS Debtors Cash at bank and in band 11 4,135 267,480 36,238 314,892 271,6J5 351,130 CREDITORS Amounts falling due within one year 12 (34,869) (72.043) NET CURRENT ASSETS 236,746 279,087 TOTAL ASSETS LESS CURRENT LEABILJTIES 243,715 287,587 ET ASSETS 243,715 287,587 FUNDS Unrestricted funds.. General fund Dc8igD&ted Funds 14 53,833 90,473 86.645 81,000 144J06 167,645 Restricted funds: RestTlCted 99,409 119.942 TOTAL FUNDS 243,715 287,587 The charitable company is entitld to cxemption from audit under Section 477 of the Companies Act 2(X)6 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordanc¢ with Section 476 of tbe Companies Act 2006. The notes fonn part of these financial statements Page 9 continued... LONDON G￿8]L$ AND TRAVELLERS STATEMEKf OF FINANCIAL POSITiof4- CODtinued 31 MARCH 2025 (i) ¢nswin8th8t the charilible comp9Dyk¢ew 8c¢ountiti8 r¢¢oth dmt ec4nply wilh Stttlons 386 and 387 of th¢ Cknpthie6 A¢¢ 2{￿ and (b) w¢p4thg fiuDciNI ststvm¢th wbi¢h give a Irue and flliT vi¢w of th¢ date of allllrs of th¢ ¢lwrifyb ¢on)pany as •t tbe ¢TrJ of each Ilnancial yer and of it8 8U4)lus or defidi for ¢•th yeor in accordw wlth the requlrcrfienl8 af Sr¢ti(m 394 and 395 aThl whieh otheN15¢ compty wlth the requiren￿l$ of th¢ Companles Ael 2006 r¢lating to finan¢lg18tatemettth, so far 18 Ipplk4bl¢ to lh¢ ¢h•rithble c•y. Them llnonelal stai¢m1￿ hav• b•8n pff¢pu¢d in a¢¢wdaT￿t wlth tht provl•ions *ppH¢gbts to dthritabl¢ eon4Mnles wbjeol lo the cotry*nles regime, The fina￿111 slllton¢nl8 w¢rc I￿0Ved by the Board of Tnu(ce4 •ttd wthorI8￿ for i#u# OTh .1-.i..i....l.￿hQs.. and w¢r¢ $18ued oll its bdthlf by. Tess4 The notes forni port of these fiDAn¢ial thtoiieots Page 10 LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basi$ of preparing the financial statements London Gypsies and Travellers ('the Charily,), mccts the der￿ltion of a public benefit entity as set out undcr FRS 102. The financial statcments have been Prepared in accordance with 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 Jreland ￿Rs 102) effective from l January 2015, and tbe Companies Act 2006. Assets and liabilities ar¢ initially r¢cognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Legal Status London G￿$le$ and Travellers was incorporated in the United Kingdom as a company limited by guarantee (company no. 3585698). The entity is also a registered charity in England and Wales (charity no. 1072111). The principle and registercd 0￿]c¢ address is shown on page l. In th¢ event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member. Income All Incomlng resources are Included In the statement of financlal actlvltles when: - EA)ndon Gypsies and Travellers is legally entitled to the income; it is probable the income will b¢ received; and, the amount can be measured with reasonable accuracy. The followin8 specific policies apply to material categories of income: (l) Grant income will be deferred and included in creditors, if received in advan¢¢ of meeting perforniance conditions or if the donor specifically states that the income must be spent in a future accounting period. (2) Contractual in¢ome is recognised when the goods or services as specified by the contract are delivered by the charity. This income 15 treated as unrestricted in the accounts. Expendlture and Irrecoverable vat Liabilities are recognised as expenditUTe as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economi¢ benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an ac¢ruals basis and has been classified under headings that aggregate all cost rclated to the category. Where costs cannot be directly attributed to particular headings they havc been allocated to activities on a basis consistent with the usc of resources. ccov¢rabl¢ VA T is chargcd as a cost against th¢ activity for wbich the expenditure was incurred. Allocation and apportionment of Costs Charitable cxpcnditurc includes all expenditure directly related to the objects of the charity and comprises the following:_ Costs of raising and generating funds Pagell continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES - Continued Allocation and apportionment of costs The cosls of raising and generating funds using Int￿lla1 and external resources, where appropriate. Activities in furtberance of the charity's objcctivc8 The costs of actlVLties in furth¢rance of the charitys objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activiti¢s. Support costs of activities Support costs of activities for charitable purposes con]pri￿8 th¢ salary costs of staff not engaged directly on charitable activities as they are involved with projcct development and other project costs. There are a nuDiber of costs, including statTing costs. wh¢r¢ it is impracticable to allocate these costs bctween administration and charitable exp¢nditure and the trustees have allocated such costs to management and administration costs. Management and admlnlstratloD of the charlty Management and administration ¢osts rcpresent expenditure incurred in the management of th¢ charitys assets, organisational admini8tralion and compliance with charitable and statutory requirements. The charity's operating costs include staff costs, rent and other related costs, Such costs are allocated between typcs of resources expended and between charilabl¢ ¢xpenditur¢ and management and administralion on the basis of estimates made by the director5. Administration expenditure include8 all cxpenditure not directly related to charitabl¢ activity. In respect of certain items of expenditurc it is a matter of judgment as to whether such items are direct charitable expenditure or are administrative, and the directors have applied what they consider to be reasonable judgments in apportioning such costs. Tanglble fixed assets Assets with a Gost in excess of £500 intended to b¢ of ongoing use to London Gypsies and Travellers in carrying out it8 activitie8 are ¢apitalised as fixed assets. Where an item is below £500 but IS combined with otFLcr item8 as part of a project or to create an a88Ct, these items will be capitalised if the collectivc value is greater than £500. Dq)reciation is provided on all tangible fixcd assets using the reducing balance method, as follows". Computer eqUipM￿t - 350/0 reducing balance Fixturc8 and fittings - 250/0 reducing balance Fixed assets are subject to periodic review for impairment where ther¢ is an indication of a reduction in their carrying value. Any significant impairn]ent is recognised in the statement of financial activity in the year in which it occurs. Taxation London Gypsies and Travcll¢rs, as a registered charity. is entitled to taxation exemptions on all income and gains that align with its ¢haritablc purposes. Fund accounting London Gypsies and Travellers segregates its funds between those that are restrict¢d and those that are unrestricted, as required by the law. Page 12 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - contAnued FOR THE YEAR ￿NDED 31 MIIRCH 2025 ACCOUNTING POLICIES - continued Fund accountlDg Restricted funds are funds on which donors have imposed specific restrictions or which have been raised for particular PUTposes. The aim and use of each materially significant restrictcd fund is sct out in Not¢ 14. Unrestricted funds rq)resent the accumulated surplus on unrestricted income and expcnditure and are available for use at tbe discretion of the trustees in pursuing the general charitabl¢ obj¢ctives of the charity. The trustees may choose during the reporting period to d¢signate a parl of the unrestricted fLmds to be used for a particular future project or commitment. Debtors Expenditure on research and development is ￿Tittell off in the year in which it 18 incurred. Pension Costs and other post-retlrement beDefit5 The charitable company operates a defined contribution pension scheme. Contribulions payable to the cbaritable company's pension scheme ar¢ charged to th¢ Statemcnt of Financial Activities in the period to which they r¢lat¢. Donated goods Donated services and facilities are included at the valu¢ to the charity where this can be quantified. No amounts are included in the financial statements for services donated by volunteers. Credltor8 Creditors and provisions are recognised where thc charity has a present obligation resulting from a past event that will probably result in the tran8fcr of funds to a third party and the amount due to settle the obligalion can be measured or estimated reliably. Creditors are norn￿llY recognis¢d at th¢ir s¢ttl¢ment amount. Flnancial Instruments Th¢ Charity only bas financial assets and financial liabilities of a kind that qualify as basic financial inslruments. Basic financial instruments are initially recognised at transaction valu¢ and subsequently measured at their settlement value. Deferred Ineome Deferred Income consists of cash received by the Charity, where the income recognitlOD Critcria has not been met because entitlement to the income does not exist at the balance sheet date. Deferred income is not recognised in the statement of financial activity until thc Charity is entitled to the income. Fnstead, deferred income is disclosed as a liability in the balance sheet. Golng Concern Thc trust¢¢s confirnied thal they hav¢ secured sufficicnt funding to op¢rate for the next twelve months. The trustees, therefore, consider that there are no material uncertainties about th¢ Charity's ability to continue as a going concern. As a result of this, the a¢counts have been prepared on a going concern basis. Page 13 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS 31.3.25 31.3.24 Donations Gift aid Grants 635 8J12 392,991 200 459.577 401,938 459,777 Grants received, included in the above, are as follows: 31.3.25 31.3.24 IA)ndon Borough of Hackney - Community Infrastrncture Grant Irish Government - Dept of For¢ign Affairs and Trade" Emigrant Support PrO￿amMe Thc Henry Smith Charity BBC Childrcn in Need Trust for London OAK Foulldation Lloyds Bank Foundation Joseph Rowntree Charitable Trust London Communiiy Response Fund National Lottery Civil Society Roots Moving for Change LCF Greenwich Peninsula Propel New Deal For Young People JCRT LEEDS Garfield Weston Foundation 19,800 89,250 19,800 89.513 19.950 36,044 41,350 12,500 27,500 19,509 39.5(M) 35,639 81,250 12,500 25,000 26,231 10,000 33,759 32,820 l6,088 37,477 18,000 74,953 4,135 30,000 392,991 459,577 Funds received from the Irlsb Government Emlgrant Support Programme: During the financial year ended 31 March 2025, London Gypsies and Travellers r¢ccived £89,250 from the Department of Forei￿ Affairs and Trade; Erni￿nt Support Programm¢. Page 14 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 INVESTMENT INCOME 31J.25 31.3.24 Deposit account interest 7,034 4,948 OTHER INCOME 31.3.25 31.3.24 Consultancy and Training 5,900 7,563 Consultancy and Training incon)¢ in¢lud¢d ¢onsultancy Scrviccs rcndcred to the Greater London Authority (GLA) and other funders. NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after chargingJ(crediting): 31.3.25 31.3.24 Independent Examiners F¢¢s D¢pr¢ciation - owned assets 2,258 1,531 2,450 2,788 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or othcr bcncfits for the year ended 31 March 2025 nor for the year ended 31 Mar¢h 2024. Trustee8 expenses 31.3.25 31.3.24 Trust¢¢s' ¢xpens¢s 67 98 STAFF COSTS 31.3.25 31.3.24 Wag¢s aDd salaries Social security costs Other pension costs 265,834 18,979 7,276 221.951 18,815 7,055 292,089 247.821 The average rnonthly number of employees during the year was as follows: 31J.25 12 31.3.24 Charitable Activities Page 15 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS - contlnued No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES FOR 31.3.24 Unrestricted Restricted Total funds funds funds INCOME AND ENDOWMENTS FROM Donations 45,000 414,777 459.777 Investment income Other income 4.948 7,563 4,948 7,563 Total 57,511 414,777 472,288 EXPENDITURE ON Charltable activStles Policy/ Strategic Development Youth Community Development 24,853 21,078 5,301 79,836 39,620 235,313 104,689 60,698 240,614 Total 51,232 354,769 406,001 NET INCOME 6,279 60,008 66,287 RECONCILIATION OF FUNDS Total funds brougbt forward 161,366 59,934 221,300 TOTAL FUIYDS CARRIED FORWARD 167,645 119,942 287,587 Page 16 continu¢d... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - eonthiued FOR THE YEAR ENDED 31 MARCH 2025 KEY MANAGEMENT PERSONNEL The Key Managcmcnt Pcrsonnel of tbe charity comprise of the trustees and the Chief Exccutivc. The tolal employ¢¢ benefits of the key managemcnt personnel were £50,917. (2024,. £47,597). 10. TANGIBLE FIXED ASSETS Fixtures Computer & Equipments equipment Totals COST At l April 2024 and 31 Marcb 2025 1,995 23,903 25,898 DEPRECIATION At l April 2024 Charge for year 1,295 148 16,103 la83 17,398 1,531 At 31 March 2025 1,443 17,486 18,929 NET BOOK VALUE At 31 March 2025 552 6,417 6,969 At 31 March 2024 700 7,8(MJ 8,500 11. DEBTORS: AMOUNTS FALLIIYG DUE WITHIN ONE YEAR 31.3.25 31.3.24 Grants Debtors Other debtors 31,787 4,451 4,135 4,135 36238 Page 17 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. CREDITORS: AMOUIYTS FALLING DUE WITHIN OIYE YEAR 31J.25 31.3.24 Trade creditors Social security and other taxes Other creditors Dcferrcd Income Accrued expenses 5,008 1294 512 22,750 5,305 3,826 1.162 64,6(K) 2.450 34,869 72,043 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Fixed assets Current assets Current liabiliti¢s 6,969 172,206 (34,869) 6,969 271,615 (34,869) 8,500 351,130 (72,043) 99,409 144a06 99,409 243,715 287,587 Restrleted Funds as at 31st March 2025 were analysed a8 follows: Amount-£ Amount-£ 31.3.2025 31.3.2024 Irish Government-Dept of Forei￿ Affairs and Trade: Emmigrant Support BBC Children in Need National Lottery Civil Society Roots Trust for London TFL TA Josq)h Rowntre¢ Cbaritable Trnst Oak Foundation London Community Foundation Gr¢cnwich Peninsula London Community Response Fund The Henry Smith Charity Moving for Change Propcl New Ikal For Young People (82) 14,643 849 15,971 14,665 14,681 3,738 1,995 1,019 625 1,611 2.257 6,102 28,577 9,637 31,964 71?09 99,409 119,942 Irisb Government: Funds to provide advice on accommodation and youth work for Travellers. Page 18 continucd... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 3113125 At 114124 Unrestricted funds Cleneral fund DesI￿ated Funds 167,645 (23 J39) (90,473) 90,473 53,833 90,473 167,645 (23 J39) 144J06 Restricted funds Rcstricted 119,942 (20￿33) 99,409 TOTAL FUNDS 287W7 {43.872) 243,715 Net movement in fi￿ds, included in tbe above are as follows: Incoming Resources Movement resources expended in funds Unrestrlcted fund8 General fund 79J81 {102,720) (23a39) Restrlcted fuDd8 Restricted 335,491 (356,024) (20533) TOTAL FUNDS 414072 (458,744) (43,872) CoJDparatlve8 for movement In funds Net mov¢ment in funds At 3113124 At 114123 Unrestricted funds General fund Designated Funds 80,366 81,000 6,279 86,645 81,000 161.366 6,279 167,645 Restricted funds Restricted 59,934 60,008 119,942 TOTAL FUNDS 221,300 66,287 287,587 Page 19 continued... LONDON GYPSIES AND TRAv￿LLERs NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS - contlnued Comparativ¢ nct movement in funds, included in th¢ above are as follows: Incoming Resources Movernent resources expended in fLmds Unrestrlcted funds General fund 57,511 (51,232) 6,279 Restrlcted fund8 Restricted 414,777 (354,769) 60,008 TOTAL FUNDS 472,288 (406,001) 66,287 Desl nated Funds: The trust¢es have designated funds in the total amount of £90,473 {2024: £81.000) as being tbe minimum sum required to be held in the reserves to fulfil all Contractual liabilities on behalf of th¢ charity. Pur ose of fuDds: Rcslrictcd funding received during the year, contributed towards key projects, including those listed bclow. Youth work The aim of the Bright Futures youth work programme is to support young Gypsies and Travellers to have access to education, training, mentoring and employment opportunities. It provides LGT with an opportunity to advocate for better inclusion. London wlde pollcy worlL We aim to strengthen thc voice of London's Gypsies and Travellers, helping them gain the rexognition, inclusion and cquality. We do this througb community-l¢d campaigns and policy work, working with decision-makers in IA)ndon and nationally to ensure the voice of Gypsies and Travellers 18 heard. Aecon)modatlon servlces. LGT provides advocacy and support through an accommodation advice service to families from a wide range of I,ondon boroughs who face difficultics with accommodation and benefits. As well as providing orJe-tO-one advocacy services, LGT also support8 residents who are kccn to work togethcr as a group and rcprcsent tbeir community on the issues ihey are facing. Page 20 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - eonthiued FOR THE YEAR ENDED 31 MARCH 2025 15. RELATED PARTY DISCLOSURES There were no related party transactlons for the year ended 3 l March 2025, Page 21 REGISTERED COMPANY NUMBER: 3585698 (England and Wales) REGISTERED CHARITY NUMBER: 1072111 REPORT OF I'HE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR LONDON GYPSIES AND TRAVELLERS (A COMPANY LIMITED BY GUARANTEE) Prestons Chartered Accountants 364368 Cranbrook Road Gants Hill llford Esscx IG2 61tY LONDON GYPSIES AND TRAVELLERS CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of tbe Trustees IDdependent Examfin¢r's Report Statement of Flnanclal Actlvltle8 Statement of Flnanelal Posltion 9 to 10 Notes to the Flnanclal Statements 11 to 21 LONDON GYPSIES AM) TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Thc trustces who are also dircctors of the charity for the purposes of the Companies Act 2(X)6. pr¢s¢nt thcir report with the f￿anCIal Stat¢D]￿tS of thc charity for thc y¢ar cndcd 31 March 2025. Thc trustces have adopted the provisions of Accounting and Reporting by Charities." Statcmcnt of R¢comm¢nd¢d Practice applicable to charities preparing their accounts in accordance with thc Finanrial Rcporting Standard applicable in the UK and Republic of treland {FRS 102) (effective l January 2019). OBJFCTIVES AND ACTIVITIES Objectives and Publlc Benefit Th¢ PUTpose and aims of London Gypsies and Travellers, as set out in the Charity's governing document, are to: - advance the education of Gypsic5 and TTavcllcrs and their children; - preserve and protect the health of GyT)sics and Travcll¢r8> providing rclicf for those who are in conditions of need, hardship, sickness and distress. - promote good community relations particularly by advancing the education of the public and promoting an understanding of the Gypsy and Traveller way of life. advance citizenship by strengthening the capacity and skills of Gypsi¢s and Trav¢ll¢rs to participate fully in society. Our ultimate vision is to see Gypsies and Travellers living in London gaining greater control over their lives, more influcncc on the decisions that affect them, more opportunities and an end to the discrimination they experience ¢very day. . This report look8 at what the charity has achieved and the outcomes of its work in tbc reporting period. London Gypsies and Travellers, objects are delivered through projects and activities that are focussed on th¢ following four areas: Young people - through the delivery of our Bright Futures mentoring programme we provide mentoring, employability and wellbeing support for young people so they can develop the awareness, motivation and skn'lls they need to actively engage in wider society with pride and confidence. Work And skllls - providing skills development and supporting digital inclusion for adults. Homes - supporting residents through th¢ delivery of our accommodation advicc service, community development and outreach work and supporting community-led campaigns for culturally suitable accommodation. Equsllty and Ineluslon - challenging discrimination and influencing national, regional and local policy in relations to the needs of Gypsies and Travellers. Publlc benefit The trustees have ensured that the charity has carried out its purposes for the public benefit. They have had regard to Charity Commission's guidance on public benefit and have taken this guidance into account when making decision8. Fach y¢aT the board rcvicws the aims, objcctlVC8 and activities of the charity as outlined in the annual operational plan as wcll as the broader 8trat¢gic plan. which is rcvicwed every 2-3 y¢ars. This Tevicw PTOC¢8S h¢lp8 to cn8ur¢ that activities remain focused on th¢ charity's stated objectives. The trustees confirni that they bave complied with the duty in section 4 of the Charities Act 2011 to hav¢ duc Tegard to public benefit guidance published by the Commission in deterniining the activities undertaken by th¢ Charity. Page I LONDON GYPSIES AND TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Charitable activities The charitgs main achievements and perforniancc during the year arc set out in the Trustees, Annual Revicw, pr¢s¢nted at the Annual General Me¢ting. This r¢view outlines progress across the four key areas of our work. In 2024-25, we continued to delivcr our funded Programmes to Gjysy and Traveller communities across IA)ndon. During 2024, w¢ worked with 641 families from GRT communities in 31 London boroughs. Demand for our scrviccs has increased significantly, and we have expanded the capacity of our team where possible to respond to this need. Over the past year, we have also made good progress in Strengthening partnerships and collaborations with other organisations in the sector. Alongside this, we have focused on building the core foundations of LGT through our organisational resilienc¢ strategy, ensurin8 Sustainability for the future. This has included Teviewing internal systems and proccsse8 and securing additional support to enhance financial management and income generation. FINANCIAL REVIEW FinAnelal Revlew The results for the charity for the y¢ar ended 31 March 2025 are set out in the financial statsments. Overall, 2024-25 has b¢¢n a stable financial year for London Gypsies and Travellers, despite the ¢hallcnges of the cost-of-Living crisis. Thanks to ihe funding that was received during the y¢ar from BBC Children in Need, Trust for London, Irish Embassy EMi￿ant Support FrO￿an1￿C, London Borougbs of Hackney and Islington, Joseph Rownlrce Charitable Trust, Henry Smith Charity> The Oak Foundation and Propel (the MayoV8 New Deal for Young People) We received corc funding from the Lloyds Bank Foundation and Garfield Weston Foundation, which helped significantly to ensure that core costs were adequately covered. Page 2 LONDON GYPSIES AND TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Reserves policy As a cbarity th¢r¢ is a duty to spend our resources on our chaTitabl¢ pu￿oses, but wc also nccd a level of reserv¢s to ensure that we can fulfil our service d¢livery and our legal and good managcmcnt obligation5, sbould w¢ have funding difficulties. As such, reserves are maintain¢d at a level that would cnable the charity to manage its on-going service delivery in the light of changing funding scenarios. The truStc¢s th￿efOre aim to monitor fluctuations in income and expenditure to ensure that the charity not only meets its present obligations but Can also reasonably cope with these unforeseen Circurnsts￿ces. The primary use of the charity's reserves is to deliver the programme of support to the Gyysies and Travellers of London io accordance with the objectives set out when funding was granted. As such, any restricted reserves are actually funds which have already been received for a work stream that continues into future years. The charity has no material liabilities ￿eater than one year, sucb as leasehold properties or hire purchase vehicles. therefore, in the evcntuality of a drop in funding, expenditure Can be reduced to reflect the lower income level. The trustees hav¢ a poli¢y to ensure that the minimum level of reserves will be not less than the total winding up costs of the charity. Th¢ trustees, with the help of management, will keep the reserves policy und¢r r¢vi¢w to ensure that the right balan¢¢ is maintsined. Furthern]ore, in keeping with the best practice guidance issued by the Charity Commission, going forward the trustees will continue to review the reserves policy, annually, at the same time that the annual budg¢ting and strategic planning for the year is Ca￿led out, recogni8ing that strategi and financial planning inforn]s the development of reserves policies and vice versa. There are 3 categories of re8crves: Designated reserves, Unrestricted reserves & Restricted reserves. Deslgnated Reserves arc ihose reserves set aside at a level agreed annually by the trustees, to ensure that. if it became necessary to wind up the operations of the charity, there are always sufficient fill)ds available to meet the liabilities of the charily towards its staff and any on-going contracts. The level of designated reserves represents the minimum level of reserves npxcssarily held at any moment in time. Unre8trlcted Re8erve8 are thos¢ r¢s¢rves, accumulated over time, for which the donor bas not stipulated that funds should be used for the delivery of a particular PTOj¢Ct or arca of work. Where budgets identify peak8 and troughs in cash flow, the level of the reserves is adjusted to ensure the continuance of the Charity as a going concern. Restrlcted Reserves Carrled Forward are those funds which hav¢ been carried forward bccause the specific project or purpose for which they were donated extends beyond the accounting period of these accounts. Golng concern Although r¢s¢rves are expected to reduce below the level that the trustees would nornially accept, having rcviewed LGT'S forecasts and projections up to 2027, tbe trustees have a reasonable expectation that there arc adequate rcsourccs lo deliver the Lurrent work Str￿Ill and to r¢tun] rcscrvcs back to a more normal level. LGT thercforc continues to adopl the going concern basis in pr¢paring its financial statements. There are no material uncertainties about thc charity's ability to continue. STRucfuRE, GOVERNANCE AND MANAGEMEIYT Governing document The cbarity is controlled by its governing documcnL its memorandum and articles of association, and constitutes a limited company. limited by guarantee, as dcfincd by th¢ Companie5 Act 2006. Page 3 LONDON GYPSIES Aryj D TRAVELLERS REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 IktARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appolntment of new trustees The Board of Trustees m¢¢t 6 times a year including the AGM. Trustees are recruited through publicising and advertising through comniunity networks. There is a recruitment proce88 in plac¢ which includes an application forn], interview, and request for references. A decision to appoint a new trustee is njade at a board meeting, and an induction for new trustees will thcn take placc. Opportunities for training on the role and responsibilities of trustees are provided. Trustees who wish to stand ar¢ appointed each year at tbe AGM. The board elects officers (Chair, Treasurer and SecTCtary) and members of its three sub-committees (Finance, Human Resources and Risk Managcment). This takes place at the board meeting that follows the AGM each year. Rlsk mansgemellt Trustees have a duty to identify and review ihc risks to which the charity IS CXPO8ed and to ensure that appropriate controls are in place to providc reasonable assurance against fraud or error. The Operational Risk Management document is reviewed and updated by truste¢s on a rcgular basis to ensure that systems and proccdurc5 arc in place and operating effectively. REFERENCE AND ADMINISTRATIVE DETAILS Regl8tered Company number 3585698 (England and Wales) Reg18tered CbArlty number 1072111 Reglstered offlce Mildmay Community C¢ntre Woodville Road. Ma￿lI1e Estate London N16 8NA Trustees Tessa Buchanan (Chair} - Appointed Sept 2025 Helena Ki¢ly-Savin (Chair) - Resigned - Sept 2025 Marian Mahoney (Vice Chair) Richard Bennett (Treasurer) Tunji Makanju Sarah Edwards Giorgio Mariani Chelsea Ma¢ Donnchadba (previously McDonagb) Sally Bart¢r Felix Lynn - Appointed Sept 2025 Company Secretary: Deborah Kennett Page 4 LONDON GYPSIES ANDTrAVELLERS REPORT OF THE TRUSTEES FOR THE YEARENDED 31 MARCH 2025 REFERENCE AND ADMINISTRAT￿￿ DETAILS Independ¢o¢ Ez4mlier Amwer hlel (BA filons). FC& BFP ChartE￿d Accountants 36fy368 cn￿1*0Dk Rold OM*8 Hlll llfwd 102 6HY Approved by ord¢rof lh¢ bDord of ¢rU￿t￿ on and 8ign¢d on Its beholfby: Tessq "tocEor: I L [I)IYo&o,. PJ8¢ 5 INDEPEIWEF4T EXAMINERIS REPORT TO THE TRUSTEES OF LONDON GYPSIES AND TRAVELLERS Independent examiner's report to the trustees of London Gypsies and Travellers ('the Company,) I report to the charity trustees on my examination of the accounts of thc Company for the year ended 31 March 2025. Respon$lbllltles and basls of report As the cbarity's trustees of the Company (and also its directors for the purposes of company law) you are rcsponsiblc for thc preparation of thc a￿Ount$ in accordance with the requirem¢nts of th¢ Companics Act 2006 {'the 2006 Act?. Having sali$fi¢d 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 examinatlOD of your charity's accounts as carried out under Section 145 of the Charities Act 2011 (Ihe 2011 Act,). In carrying out rny examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Page 6 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LONDON GYPSIES AND TRAVELLERS Independent e￿Miner'S itatemenl Since your clwitys gross income exceed¢d £250.000 your examiner must be a member of a listed body. I Can confm Ihat l am qualified to undertake the examination b￿aUSe J anl a m¢niber of the Institute of Chartered Accountants in Ensland and Wale4 whi¢h is one of the listed bodies. I have completed my examinatlon. I confirni that no matters have come to attention An ¢onn¢ction with the examination giving me Cause to belleve: accounting records were nol kept in r¢s￿¢t of the Company required by Section 386 of the 2006 the accounts do not accord with those records; or th¢ accounts do not wmply with the aC￿untIng requirements of Section 396 of the 2006 Act other than any reqUire￿ent that the ac¢ounts give a true and fair view which is not a matteT considered a5 part of an independent examination: OT the accounts have nol been prepared in accordance with the methods and prAnciples of th¢ Statement of Recommended Pmtice for accounting and reportin8 by charities (applicable to charities preparing theAr accounts in accordance WAth the Financial Reporting Standard applicable In the UK and Republi¢ of Ireland (FRS 102)). I have no ¢oncerns and have come acro&8 no other matters in ¢omK¢tion with the exarnination to whlch attention Should be drawn in this report in order to enable a proper understanding of the accounts to be r¢a¢hed. Anwer Patel (BA Ho￿A FCA. BFP The Institute of Chartered Accountant8 in Eng]and and Wales Prestons Chartered A¢¢ountants 364-368 Cranlyook Ro G8nts Efill Ilford Essex IG2 6HY 16.1.: ..1 ..................... Page 7 LONDON GYPSIES AND TRAVELLERS STATEMENT OF FINANCIAL ACTJVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 Total funds 31.3.24 Total fimds Unrestricted Restricted funds funds Notes INCOME AND ENDOWMENTS FROM Donations 66,447 335,491 401,938 459,777 Investment income Other income 7,034 5,900 7,034 5,900 4,948 7,563 Total 79?81 335,491 414,872 472,288 EXPENDITURE ON CharfitAble actlvfities Policy/ Stratcgic Development Youth Community Development 25,078 18384 59,358 85?90 54,391 216,243 110,468 72,675 275,601 104,689 60,698 240,614 Total 102,720 356,024 458,744 406,001 NET IIYCOMEI@XPENDITURE) (23a39) (20,533) (43,872) 66,287 RECONCILIATION OF FUNDS Total funds brought fonvard 167,645 119,942 287,587 221,300 TOTAL FUNDS CARRIED FORWARD 144a06 99,409 243,715 287.587 The notes forni part of these financial statements Page 8 LONDON GYPSIES AND TRAVELLERS STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 10 6,969 8,5(Xl CURRENT ASSETS Debtors Cash at bank and in band 11 4,135 267,480 36,238 314,892 271,6J5 351,130 CREDITORS Amounts falling due within one year 12 (34,869) (72.043) NET CURRENT ASSETS 236,746 279,087 TOTAL ASSETS LESS CURRENT LEABILJTIES 243,715 287,587 ET ASSETS 243,715 287,587 FUNDS Unrestricted funds.. General fund Dc8igD&ted Funds 14 53,833 90,473 86.645 81,000 144J06 167,645 Restricted funds: RestTlCted 99,409 119.942 TOTAL FUNDS 243,715 287,587 The charitable company is entitld to cxemption from audit under Section 477 of the Companies Act 2(X)6 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordanc¢ with Section 476 of tbe Companies Act 2006. The notes fonn part of these financial statements Page 9 continued... LONDON G￿8]L$ AND TRAVELLERS STATEMEKf OF FINANCIAL POSITiof4- CODtinued 31 MARCH 2025 (i) ¢nswin8th8t the charilible comp9Dyk¢ew 8c¢ountiti8 r¢¢oth dmt ec4nply wilh Stttlons 386 and 387 of th¢ Cknpthie6 A¢¢ 2{￿ and (b) w¢p4thg fiuDciNI ststvm¢th wbi¢h give a Irue and flliT vi¢w of th¢ date of allllrs of th¢ ¢lwrifyb ¢on)pany as •t tbe ¢TrJ of each Ilnancial yer and of it8 8U4)lus or defidi for ¢•th yeor in accordw wlth the requlrcrfienl8 af Sr¢ti(m 394 and 395 aThl whieh otheN15¢ compty wlth the requiren￿l$ of th¢ Companles Ael 2006 r¢lating to finan¢lg18tatemettth, so far 18 Ipplk4bl¢ to lh¢ ¢h•rithble c•y. Them llnonelal stai¢m1￿ hav• b•8n pff¢pu¢d in a¢¢wdaT￿t wlth tht provl•ions *ppH¢gbts to dthritabl¢ eon4Mnles wbjeol lo the cotry*nles regime, The fina￿111 slllton¢nl8 w¢rc I￿0Ved by the Board of Tnu(ce4 •ttd wthorI8￿ for i#u# OTh .1-.i..i....l.￿hQs.. and w¢r¢ $18ued oll its bdthlf by. Tess4 The notes forni port of these fiDAn¢ial thtoiieots Page 10 LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES Basi$ of preparing the financial statements London Gypsies and Travellers ('the Charily,), mccts the der￿ltion of a public benefit entity as set out undcr FRS 102. The financial statcments have been Prepared in accordance with 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 Jreland ￿Rs 102) effective from l January 2015, and tbe Companies Act 2006. Assets and liabilities ar¢ initially r¢cognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Legal Status London G￿$le$ and Travellers was incorporated in the United Kingdom as a company limited by guarantee (company no. 3585698). The entity is also a registered charity in England and Wales (charity no. 1072111). The principle and registercd 0￿]c¢ address is shown on page l. In th¢ event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member. Income All Incomlng resources are Included In the statement of financlal actlvltles when: - EA)ndon Gypsies and Travellers is legally entitled to the income; it is probable the income will b¢ received; and, the amount can be measured with reasonable accuracy. The followin8 specific policies apply to material categories of income: (l) Grant income will be deferred and included in creditors, if received in advan¢¢ of meeting perforniance conditions or if the donor specifically states that the income must be spent in a future accounting period. (2) Contractual in¢ome is recognised when the goods or services as specified by the contract are delivered by the charity. This income 15 treated as unrestricted in the accounts. Expendlture and Irrecoverable vat Liabilities are recognised as expenditUTe as soon as there is a legal or constructive obligation committing the charity to that expenditure. it is probable that a transfer of economi¢ benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an ac¢ruals basis and has been classified under headings that aggregate all cost rclated to the category. Where costs cannot be directly attributed to particular headings they havc been allocated to activities on a basis consistent with the usc of resources. ccov¢rabl¢ VA T is chargcd as a cost against th¢ activity for wbich the expenditure was incurred. Allocation and apportionment of Costs Charitable cxpcnditurc includes all expenditure directly related to the objects of the charity and comprises the following:_ Costs of raising and generating funds Pagell continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES - Continued Allocation and apportionment of costs The cosls of raising and generating funds using Int￿lla1 and external resources, where appropriate. Activities in furtberance of the charity's objcctivc8 The costs of actlVLties in furth¢rance of the charitys objectives represents the cost of goods and services and ancillary trading costs that have been incurred in charitable activiti¢s. Support costs of activities Support costs of activities for charitable purposes con]pri￿8 th¢ salary costs of staff not engaged directly on charitable activities as they are involved with projcct development and other project costs. There are a nuDiber of costs, including statTing costs. wh¢r¢ it is impracticable to allocate these costs bctween administration and charitable exp¢nditure and the trustees have allocated such costs to management and administration costs. Management and admlnlstratloD of the charlty Management and administration ¢osts rcpresent expenditure incurred in the management of th¢ charitys assets, organisational admini8tralion and compliance with charitable and statutory requirements. The charity's operating costs include staff costs, rent and other related costs, Such costs are allocated between typcs of resources expended and between charilabl¢ ¢xpenditur¢ and management and administralion on the basis of estimates made by the director5. Administration expenditure include8 all cxpenditure not directly related to charitabl¢ activity. In respect of certain items of expenditurc it is a matter of judgment as to whether such items are direct charitable expenditure or are administrative, and the directors have applied what they consider to be reasonable judgments in apportioning such costs. Tanglble fixed assets Assets with a Gost in excess of £500 intended to b¢ of ongoing use to London Gypsies and Travellers in carrying out it8 activitie8 are ¢apitalised as fixed assets. Where an item is below £500 but IS combined with otFLcr item8 as part of a project or to create an a88Ct, these items will be capitalised if the collectivc value is greater than £500. Dq)reciation is provided on all tangible fixcd assets using the reducing balance method, as follows". Computer eqUipM￿t - 350/0 reducing balance Fixturc8 and fittings - 250/0 reducing balance Fixed assets are subject to periodic review for impairment where ther¢ is an indication of a reduction in their carrying value. Any significant impairn]ent is recognised in the statement of financial activity in the year in which it occurs. Taxation London Gypsies and Travcll¢rs, as a registered charity. is entitled to taxation exemptions on all income and gains that align with its ¢haritablc purposes. Fund accounting London Gypsies and Travellers segregates its funds between those that are restrict¢d and those that are unrestricted, as required by the law. Page 12 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - contAnued FOR THE YEAR ￿NDED 31 MIIRCH 2025 ACCOUNTING POLICIES - continued Fund accountlDg Restricted funds are funds on which donors have imposed specific restrictions or which have been raised for particular PUTposes. The aim and use of each materially significant restrictcd fund is sct out in Not¢ 14. Unrestricted funds rq)resent the accumulated surplus on unrestricted income and expcnditure and are available for use at tbe discretion of the trustees in pursuing the general charitabl¢ obj¢ctives of the charity. The trustees may choose during the reporting period to d¢signate a parl of the unrestricted fLmds to be used for a particular future project or commitment. Debtors Expenditure on research and development is ￿Tittell off in the year in which it 18 incurred. Pension Costs and other post-retlrement beDefit5 The charitable company operates a defined contribution pension scheme. Contribulions payable to the cbaritable company's pension scheme ar¢ charged to th¢ Statemcnt of Financial Activities in the period to which they r¢lat¢. Donated goods Donated services and facilities are included at the valu¢ to the charity where this can be quantified. No amounts are included in the financial statements for services donated by volunteers. Credltor8 Creditors and provisions are recognised where thc charity has a present obligation resulting from a past event that will probably result in the tran8fcr of funds to a third party and the amount due to settle the obligalion can be measured or estimated reliably. Creditors are norn￿llY recognis¢d at th¢ir s¢ttl¢ment amount. Flnancial Instruments Th¢ Charity only bas financial assets and financial liabilities of a kind that qualify as basic financial inslruments. Basic financial instruments are initially recognised at transaction valu¢ and subsequently measured at their settlement value. Deferred Ineome Deferred Income consists of cash received by the Charity, where the income recognitlOD Critcria has not been met because entitlement to the income does not exist at the balance sheet date. Deferred income is not recognised in the statement of financial activity until thc Charity is entitled to the income. Fnstead, deferred income is disclosed as a liability in the balance sheet. Golng Concern Thc trust¢¢s confirnied thal they hav¢ secured sufficicnt funding to op¢rate for the next twelve months. The trustees, therefore, consider that there are no material uncertainties about th¢ Charity's ability to continue as a going concern. As a result of this, the a¢counts have been prepared on a going concern basis. Page 13 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS 31.3.25 31.3.24 Donations Gift aid Grants 635 8J12 392,991 200 459.577 401,938 459,777 Grants received, included in the above, are as follows: 31.3.25 31.3.24 IA)ndon Borough of Hackney - Community Infrastrncture Grant Irish Government - Dept of For¢ign Affairs and Trade" Emigrant Support PrO￿amMe Thc Henry Smith Charity BBC Childrcn in Need Trust for London OAK Foulldation Lloyds Bank Foundation Joseph Rowntree Charitable Trust London Communiiy Response Fund National Lottery Civil Society Roots Moving for Change LCF Greenwich Peninsula Propel New Deal For Young People JCRT LEEDS Garfield Weston Foundation 19,800 89,250 19,800 89.513 19.950 36,044 41,350 12,500 27,500 19,509 39.5(M) 35,639 81,250 12,500 25,000 26,231 10,000 33,759 32,820 l6,088 37,477 18,000 74,953 4,135 30,000 392,991 459,577 Funds received from the Irlsb Government Emlgrant Support Programme: During the financial year ended 31 March 2025, London Gypsies and Travellers r¢ccived £89,250 from the Department of Forei￿ Affairs and Trade; Erni￿nt Support Programm¢. Page 14 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 INVESTMENT INCOME 31J.25 31.3.24 Deposit account interest 7,034 4,948 OTHER INCOME 31.3.25 31.3.24 Consultancy and Training 5,900 7,563 Consultancy and Training incon)¢ in¢lud¢d ¢onsultancy Scrviccs rcndcred to the Greater London Authority (GLA) and other funders. NET INCOMEI(EXPENDITURE) Net income/(expenditure) is stated after chargingJ(crediting): 31.3.25 31.3.24 Independent Examiners F¢¢s D¢pr¢ciation - owned assets 2,258 1,531 2,450 2,788 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or othcr bcncfits for the year ended 31 March 2025 nor for the year ended 31 Mar¢h 2024. Trustee8 expenses 31.3.25 31.3.24 Trust¢¢s' ¢xpens¢s 67 98 STAFF COSTS 31.3.25 31.3.24 Wag¢s aDd salaries Social security costs Other pension costs 265,834 18,979 7,276 221.951 18,815 7,055 292,089 247.821 The average rnonthly number of employees during the year was as follows: 31J.25 12 31.3.24 Charitable Activities Page 15 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 STAFF COSTS - contlnued No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMEIYT OF FINANCIAL ACTIVITIES FOR 31.3.24 Unrestricted Restricted Total funds funds funds INCOME AND ENDOWMENTS FROM Donations 45,000 414,777 459.777 Investment income Other income 4.948 7,563 4,948 7,563 Total 57,511 414,777 472,288 EXPENDITURE ON Charltable activStles Policy/ Strategic Development Youth Community Development 24,853 21,078 5,301 79,836 39,620 235,313 104,689 60,698 240,614 Total 51,232 354,769 406,001 NET INCOME 6,279 60,008 66,287 RECONCILIATION OF FUNDS Total funds brougbt forward 161,366 59,934 221,300 TOTAL FUIYDS CARRIED FORWARD 167,645 119,942 287,587 Page 16 continu¢d... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - eonthiued FOR THE YEAR ENDED 31 MARCH 2025 KEY MANAGEMENT PERSONNEL The Key Managcmcnt Pcrsonnel of tbe charity comprise of the trustees and the Chief Exccutivc. The tolal employ¢¢ benefits of the key managemcnt personnel were £50,917. (2024,. £47,597). 10. TANGIBLE FIXED ASSETS Fixtures Computer & Equipments equipment Totals COST At l April 2024 and 31 Marcb 2025 1,995 23,903 25,898 DEPRECIATION At l April 2024 Charge for year 1,295 148 16,103 la83 17,398 1,531 At 31 March 2025 1,443 17,486 18,929 NET BOOK VALUE At 31 March 2025 552 6,417 6,969 At 31 March 2024 700 7,8(MJ 8,500 11. DEBTORS: AMOUNTS FALLIIYG DUE WITHIN ONE YEAR 31.3.25 31.3.24 Grants Debtors Other debtors 31,787 4,451 4,135 4,135 36238 Page 17 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. CREDITORS: AMOUIYTS FALLING DUE WITHIN OIYE YEAR 31J.25 31.3.24 Trade creditors Social security and other taxes Other creditors Dcferrcd Income Accrued expenses 5,008 1294 512 22,750 5,305 3,826 1.162 64,6(K) 2.450 34,869 72,043 13. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.25 Total funds 31.3.24 Total funds Unrestricted Restricted funds funds Fixed assets Current assets Current liabiliti¢s 6,969 172,206 (34,869) 6,969 271,615 (34,869) 8,500 351,130 (72,043) 99,409 144a06 99,409 243,715 287,587 Restrleted Funds as at 31st March 2025 were analysed a8 follows: Amount-£ Amount-£ 31.3.2025 31.3.2024 Irish Government-Dept of Forei￿ Affairs and Trade: Emmigrant Support BBC Children in Need National Lottery Civil Society Roots Trust for London TFL TA Josq)h Rowntre¢ Cbaritable Trnst Oak Foundation London Community Foundation Gr¢cnwich Peninsula London Community Response Fund The Henry Smith Charity Moving for Change Propcl New Ikal For Young People (82) 14,643 849 15,971 14,665 14,681 3,738 1,995 1,019 625 1,611 2.257 6,102 28,577 9,637 31,964 71?09 99,409 119,942 Irisb Government: Funds to provide advice on accommodation and youth work for Travellers. Page 18 continucd... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS Net movement in funds Transfers between funds At 3113125 At 114124 Unrestricted funds Cleneral fund DesI￿ated Funds 167,645 (23 J39) (90,473) 90,473 53,833 90,473 167,645 (23 J39) 144J06 Restricted funds Rcstricted 119,942 (20￿33) 99,409 TOTAL FUNDS 287W7 {43.872) 243,715 Net movement in fi￿ds, included in tbe above are as follows: Incoming Resources Movement resources expended in funds Unrestrlcted fund8 General fund 79J81 {102,720) (23a39) Restrlcted fuDd8 Restricted 335,491 (356,024) (20533) TOTAL FUNDS 414072 (458,744) (43,872) CoJDparatlve8 for movement In funds Net mov¢ment in funds At 3113124 At 114123 Unrestricted funds General fund Designated Funds 80,366 81,000 6,279 86,645 81,000 161.366 6,279 167,645 Restricted funds Restricted 59,934 60,008 119,942 TOTAL FUNDS 221,300 66,287 287,587 Page 19 continued... LONDON GYPSIES AND TRAv￿LLERs NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 14. MOVEMENT IN FUNDS - contlnued Comparativ¢ nct movement in funds, included in th¢ above are as follows: Incoming Resources Movernent resources expended in fLmds Unrestrlcted funds General fund 57,511 (51,232) 6,279 Restrlcted fund8 Restricted 414,777 (354,769) 60,008 TOTAL FUNDS 472,288 (406,001) 66,287 Desl nated Funds: The trust¢es have designated funds in the total amount of £90,473 {2024: £81.000) as being tbe minimum sum required to be held in the reserves to fulfil all Contractual liabilities on behalf of th¢ charity. Pur ose of fuDds: Rcslrictcd funding received during the year, contributed towards key projects, including those listed bclow. Youth work The aim of the Bright Futures youth work programme is to support young Gypsies and Travellers to have access to education, training, mentoring and employment opportunities. It provides LGT with an opportunity to advocate for better inclusion. London wlde pollcy worlL We aim to strengthen thc voice of London's Gypsies and Travellers, helping them gain the rexognition, inclusion and cquality. We do this througb community-l¢d campaigns and policy work, working with decision-makers in IA)ndon and nationally to ensure the voice of Gypsies and Travellers 18 heard. Aecon)modatlon servlces. LGT provides advocacy and support through an accommodation advice service to families from a wide range of I,ondon boroughs who face difficultics with accommodation and benefits. As well as providing orJe-tO-one advocacy services, LGT also support8 residents who are kccn to work togethcr as a group and rcprcsent tbeir community on the issues ihey are facing. Page 20 continued... LONDON GYPSIES AND TRAVELLERS NOTES TO THE FINANCIAL STATEMENTS - eonthiued FOR THE YEAR ENDED 31 MARCH 2025 15. RELATED PARTY DISCLOSURES There were no related party transactlons for the year ended 3 l March 2025, Page 21