Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **BEFRIEND** ## **Charity number: 1072538** ## **ANNUAL REPORT & FINANCIAL STATEMENTS** ## **FOR THE YEAR ENDING** **31 MARCH 2026** Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **ANNUAL REPORT & FINANCIAL STATEMENTS** **for the Financial Year ended 31 March 2026** ## **TABLE OF CONTENTS** |Legal and Administrative Details|Legal and Administrative Details|p.3| |---|---|---| |Report of the Trustees||p.4| |**-**|Structure, Governance and Management|p.4| |**-**|Financial Review|p.5| |**-**|Objectives & Activities|p.7| |**-**|Trustees' Responsibilities in Relation to the Financial Statements|p.8| |**-**|Independent Examiner’s Report|p.10| |**-**|Financial Report|p.11| |**-**|Notes to the Accounts|p.14| Page 2 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **BEfriend Trustees’ report for the financial year ending 31 March 2026** **Legal and administrative details Status** The organisation is registered as a charity with the Charity Commission. ## **Governing document** The charity is an unincorporated association whose purposes and administration are regulated by a Constitution which was adopted on 18 September 1998 (amended by resolutions passed on 19 December 2001) ## **Charity Number** : 1072538 **Registered Address:** Boundary House, Boston Road, Hanwell, W7 2QE **Chief Executive Office** : Rachel Hill [until 31 Dec 2025], Su Moore [until 31 March 2026] **Accounts Examiner** : Solutions Accountancy & Bookkeeping Ltd. 1 The Mews, Little Brunswick Street, Huddersfield HD1 5JL **Bank** : CAF Bank Ltd. 25 Kings Hill Avenue, Kings Hill, West Malling, Kent ME19 4 JQ Page 3 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D The Trustees present their report and financial statements for the year ended 31 March 2026. The legal and administrative information set out on page 2 forms part of this report. The financial statements comply with current statutory requirements and the Statement of Recommended Practice FRS 102. ## **Public benefit statement** The trustees of BEfriend have reviewed and considered the Charity Commission’s guidance on public benefit. We affirm that all of our programs are designed and delivered to benefit the public. No private interests are served, and all activities are directed at achieving positive outcomes for people experiencing isolation living in the London Boroughs of Ealing and Hounslow. ## **Structure, governance and management** BEfriend is an unincorporated association which is registered as a charity with the Charity Commission (number 1072538) with a written constitution dated 18 September 1998. All trustees are members of the Scheme, and volunteers are asked if they would like to be members. The Charity has documented policies in all key areas. The information presented in this report is influenced by the decision to dissolve taken in February 2026. Following a review of the long-term funding sustainability the Management Committee passed a formal resolution on 3 February to dissolve the charity in accordance with the dissolution clause of the Constitution. This decision was ratified by members at a Special General Meeting on 26 February. Though the final closure will not happen until the 2026/7 financial year, this decision has had a significant bearing on the Charity during this financial year. The responsibility for the overall strategy and management of the operations and property of the Scheme is vested in the Management Committee comprising trustees, while the CEO is responsible for the day-to-day administration and running of the Scheme. The CEO attends the trustee meetings to report on progress and to participate in the discussions and decision-making process. The CEO, Rachel Hill, stepped down after ten years of service in December 2025. Su Moore was recruited on an interim basis as CEO to lead the process of closure, including overseeing the day-to-day administration of the winding-up process, reporting to the Trustees every week to ensure all legal and financial obligations are met. Page 4 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D Trustees are recruited from members of the local community. Currently five of the nine positions are filled and embrace serving volunteers as well as experience in accounting, finance, law and the voluntary sector. Trustees are recruited via the local Volunteer Centre and by personal contacts. Such appointments are made with a view to the balance of skills and experience of benefit to the Charity's management. Any trustees thus co-opted shall hold office until the next Annual General Meeting when they will be eligible for election. At each AGM one third of the Management Committee shall retire from office but shall be eligible for re-election. The members who retire by rotation shall be those who have been longest in office from the date of their last election. The Management Committee elect from among themselves a Chair, Vice Chair(s) and a Treasurer all of which are honorary appointments. Such appointments are valid only until the conclusion of the Management Committee meeting subsequent to the next AGM but may be renewed. A risk assessment is carried out annually as part of the business planning process and actions taken to mitigate or contain the risks identified. In terms of financial risks, the trustees review the cash flows regularly and ensure sufficient funds are available. ## **Financial review** ## **Income** In the year to 31 March 2026 the charity reported a deficit of £15,054 (2025: surplus of £41,835) and the total fund balance of £174,014 (2025: £189,068). The charity's annual income was principally generated through grants obtained from multiple sources, supplemented by small donations and other incomes. ## **Expenditure** In the past year our expenditure was £433,972 (2024: £448,127). ## **Reserves** The Charity maintains a reserve policy to ensure financial stability and cover unexpected costs in line with Charity Commission guidance. At the year-end, the total of unrestricted funds and reserves stood at £169,014. The Trustees aim to maintain a Closedown Reserve (“Designated Funds”), to cover the costs of the organisation’s closure, at a level of approximately three months of average overhead costs. After adjusting for deferred income the Trustees consider the Closedown Reserve of £60,000 to be sufficient.This reserve is now being actively triggered to cover final staff costs, redundancy, and other obligations occurring in 2026. Page 5 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **Chair’s report** It is with a heavy heart, but also a profound sense of pride, that I present this annual report for BEfriend. This document represents the final full year of our operations and, as many of you are now aware, the Trustees have made the incredibly difficult decision to close the charity. This was not a decision taken lightly. However, the financial landscape for small, independent charities has become increasingly precarious. Despite our best efforts to secure a sustainable future, we have reached a point where we can no longer guarantee the long-term viability of our services. We have therefore set a path toward an orderly and responsible closure, which will officially take place in the summer of 2026. ## **A legacy of three decades** For over 30 years, this organisation—originally founded in 1994 as the Volunteer Link Scheme—has been a lifeline for the socially isolated. From our beginnings as a small project in Ealing to our more recent expansion into Hounslow, we have remained steadfast in our belief that simple human connection can change a life. In those three decades, we have supported over 3,200 people, helping them feel more valued, more linked to their communities, and less alone. Whether through our core Befriending Project or the specialist support of Linked Minds, the impact of our work is measured in thousands of cups of tea, walks in the park, and meaningful conversations that bridged the gap of loneliness. ## **A tribute to our volunteers** The heartbeat of BEfriend has always been our volunteers. You have given your most precious commodity—your time—to strangers who quickly became friends. You have shown up on rainy afternoons, listened to stories of the past, and provided a steady presence for those who often felt forgotten by the world. The legacy of BEfriend lives on through the kindness you have shown. ## **Thanks to our supporters** We also extend our deepest gratitude to the many funders, partners, and individual donors who have stood by us. From the National Lottery and the Henry Smith Charity to our local authority partners in Ealing and Hounslow, your investment in social connection has allowed us to thrive for thirty years. We are grateful for your trust and for the recognition you gave to the vital importance of tackling social isolation. Page 6 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **The path forward** Between now and our closure in the summer of 2026, our absolute priority remains the wellbeing of our current clients and volunteers. We are committed to managing this transition with the same compassion and care that has defined our service since 1994, ensuring that our clients are supported and signposted to other local resources. While BEfriend is coming to an end, the need for connection remains as urgent as ever. We hope that our 30-year history serves as a testament to the power of community, and that the spirit of befriending continues to flourish in Ealing and Hounslow long after our doors have closed. With deepest thanks, **Julia Macrae** Chair of Trustees, BEfriend ## **Objectives and activities** BEfriend was set up in 1994 as The Volunteer Link Scheme under the umbrella of the then Ealing Voluntary Service Council (now Ealing Community and Voluntary Service) and has operated as an independent charity since September 2002 with the sole aim of providing one-to- one volunteer befriending to people within the London Borough of Ealing who are severely isolated and housebound as a result of physical or sensory disability, infirmity or illness. In 2023, the Constitution was amended to include the neighbouring Borough of Hounslow Through recruiting, training and providing quality ongoing support to volunteers, the charity aims to establish sustainable befriending relationships to support some of the most isolated and vulnerable adults. Given limited resources (including volunteer numbers) we target our service at those who are most isolated and who have little social contact and support, with the aim of improving their quality of life, access to services and physical and emotional well-being. Our service also promotes volunteering and social cohesion through providing a safe environment for people to contribute to their local community. Throughout this year we have supported clients in both Ealing and Hounslow, and across both our core befriending project and our Linked Minds mental health project. - The Befriending Project has been running since 1994 and supports people who are isolated and sometimes housebound. They may have a physical or sensory disability, or they may have mild dementia. These visits make such a difference for the client, but volunteering with BEfriend not only enriches the lives of those who are isolated, it also offers immense personal rewards for the volunteer. Page 7 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D - Our Linked Minds Project supports people who are isolated because of a diagnosed mental health problem. Following a DBS check and comprehensive training, the Befriender is matched with a client by a Coordinator who then acts as a (non-clinical) supervisor for the befriending period, which is usually a year. The aim is that, by the end of the year, clients feel more valued, more linked to their community and better equipped for their journeys in recovery. The visits make such a difference, increasing confidence and helping clients work towards meeting other people, joining a club, or whatever their goal may be. This year 254 volunteers supported 346 clients in Ealing and 227 clients in Hounslow. ## **Trustees' responsibilities in relation to the financial statements** Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial period, which give a true and fair view of the charity's financial activities during the period and of its financial position at the end of the period. In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently, - Make judgments and estimates that are reasonable and prudent, - State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements and - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. Given the decision to close, these financial statements have been prepared on a basis other than going concern. 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 Charities Act. 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. Page 8 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **Trustees** Trustees who served during the period were as follows: ## **J. Macrae-** Chair - **N. Joslin-** Vice-Chair - **E. Ng-** Treasurer – Stepped down August 2025 - **S. Treszka** ## **Sebastian Barnes** ## **Carl Woodall** Trustees will be in office for a period of three years and must then retire. A retiring trustee is eligible for re-election. Signed on behalf of the trustees: **J. Macrae, Chair** Date: 7/29/2026 Page 9 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend Independent Examiners Report** ## **Independent Examiner's Report to the trustees of BEfriend** I report to the trustees on my examination of the financial statements of BEfriend for the year ended 31 March 2026. ## **Responsibilities and basis of report** As the charity's trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** As the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by being a qualified member of ACPA. I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - the accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the financial statements do not accord with those records; or - the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. ## ACPA Solutions Accountancy & Bookkeeping Ltd 1 The Mews Little Brunswick Street Huddersfield HD1 5JL 22 July 2026 Page 10 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend Statement of Financial Activities** ## **for the year ended 31 March 2026** |**Notes**
**Income and endowments**
**from:**
Donations and legacies
3
Other trading activities
4
**Total**
**Expenditure on:**
Fundraising & Publicity
5
Governance
6
Charitable Activities
7
**Total**
Net gains on investments
**Net (expenditure)/income**
8
Transfers between funds
**Net (expenditure)/income**
**before other gains/(losses)**
**Other gains and losses**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**||**Unrestricted**
**funds**|**Restricted**
**funds**|**Total funds**|**Total funds**| |---|---|---|---|---|---| |||**2026**|**2026**|**2026**|**2025**| |||**£**|**£**|**£**|**£**| ||||||| |||136,427|260,638|397,065|482,801| |||1,749|-|1,749|2,999| |||138,176|260,638|398,814|485,800| ||||||| |||4,494|-|4,494|26,118| |||16,925|-|16,925|16,794| |||74,948|337,605|412,553|405,215| |||96,367|337,605|433,972|448,127| |||20,104|-|20,104|4,162| |||61,913|(76,967)|(15,054)|41,835| |||-|-|-|-| |||61,913|(76,967)|(15,054)|41,835| ||||||| |||61,913|(76,967)|(15,054)|41,835| ||||||| |||107,101|81,967|189,068|147,233| |||169,014|5,000|174,014|189,068| ||||||| ||||||| ||||||| Page 11 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** **Balance Sheet** ## **at 31 March 2026** |**Charity No. 1072538**
**Fixed assets**
Tangible assets
10
Investments
11
**Current assets**
Debtors
12
Cash at bank and in hand
**Creditors:**Amount falling due within one year
13
**Net current assets**
**Total assets less current liabilities**
**Net assets excluding pension asset or liability**
**Total net assets**
**The funds of the charity**
**Restricted funds**
14
Restricted income funds
**Unrestricted funds**
14
General funds
Designated funds
**Reserves**
14
Revaluation reserve
**Total funds**|**2026**
**£**
205
102,364
102,569
1,500
77,307
78,807
(7,362)
71,445
174,014
174,014
174,014
5,000
5,000
84,748
60,000
144,748
24,266
24,266
174,014|**2025**
**£**
407
82,260| |---|---|---| |||82,667
1,500
181,531| |||183,031
(76,630)| |||106,401
189,068| |||189,068| |||189,068| |||81,967| |||81,967
42,939
60,000| |||102,939
4,162| |||4,162| |||189,068| Approved by the trustees on 22 July 2026 And signed on their behalf by: J. Macrae Trustee 22 July 2026 Page 12 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend Statement of Cash flows** ## **for the year ended 31 March 2026** |**Cash flows from operating activities**
**Net (expenditure)/income per Statement of Financial Activities**
**Adjustments for:**
Depreciation of property, plant and equipment
Decrease in trade and other payables
**Net cash (used in)/provided by operating activities**
**Net cash used in investing activities**
**Net cash from financing activities**
**Net (decrease)/increase in cash and cash equivalents**
**Cash and cash equivalents at the beginning of the year**
**Cash and cash equivalents at the end of the year**|**2026**
**£**
(15,054)
202
(69,268)
(84,120)
-
-
(84,120)
181,531
97,411|**2025**
**£**
41,835
282
(20,082)| |---|---|---| |||22,035| |||(603)| |||| |||-| |||| |||21,432| |||164,261| |||185,693| |||| |**Components of cash and cash equivalents**||| |Cash and bank balances|77,307|181,531| |||| ||77,307|181,531| Page 13 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** **Notes to the Accounts** ## **for the year ended 31 March 2026** - 1 **Accounting policies** ## **Basis of preparation** The financial statements have been prepared in accordance with Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic if Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011. ## **Change in basis of accounting or to previous accounts** There has been no change to the accounting policies (valuation rules and method of accounting) since last year and no changes have been made to accounts for previous years. ## **Fund accounting** Unrestricted funds These are available for use at the discretion of the trustees in furtherance of the general objects of the charity. - Designated funds These are unrestricted funds earmarked by the trustees for particular purposes. Revaluation funds These are unrestricted funds which include a revaluation reserve representing the restatement of investment assets at their market values. - Restricted funds These are available for use subject to restrictions imposed by the donor or through terms of an appeal. ## **Income** - Recognition of Income is included in the Statement of Financial Activities (SoFA) when the charity income becomes entitled to, and virtually certain to receive, the income and the amount of the income can be measured with sufficient reliability. - Income with Where income has related expenditure the income and related expenditure is related reported gross in the SoFA. expenditure Donations and Voluntary income received by way of grants, donations and gifts is included in the legacies the SoFA when receivable and only when the Charity has unconditional entitlement to the income. - Tax reclaims on Income from tax reclaims is included in the SoFA at the same time as the donations and gifts gift/donation to which it relates. Donated services These are only included in income (with an equivalent amount in expenditure) and facilities where the benefit to the Charity is reasonably quantifiable, measurable and material. - Volunteer help The value of any volunteer help received is not included in the accounts. Investment income This is included in the accounts when receivable. Gains/(losses) on This includes any gain or loss resulting from revaluing investments to market value revaluation of fixed at the end of the year. assets Gains/(losses) on This includes any gain or loss on the sale of investments. investment assets Page 14 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend Notes to the Accounts** ## **Expenditure** - Recognition of Expenditure is recognised on an accruals basis. Expenditure includes any VAT which expenditure cannot be fully recovered, and is reported as part of the expenditure to which it relates. - Expenditure on These comprise the costs associated with attracting voluntary income, fundraising raising funds trading costs and investment management costs. - Expenditure on These comprise the costs incurred by the Charity in the delivery of its activities and - charitable activities services in the furtherance of its objects, including the making of grants and governance costs. - Grants payable All grant expenditure is accounted for on an actual paid basis plus an accrual for grants that have been approved by the trustees at the end of the year but not yet paid. - Governance costs These include those costs associated with meeting the constitutional and statutory requirements of the Charity, including any audit/independent examination fees, costs linked to the strategic management of the Charity, together with a share of other administration costs. Other expenditure These are support costs not allocated to a particular activity. ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Tangible fixed assets and depreciation** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures, fittings & 33% straight line equipment Laptops and mobile IT equipment are written off completely in the year of acquisition. Items costing less than £50 are written off completely in the year of acquisition. ## **Freehold investment property** Investment properties are measured initially at cost and subsequently at fair value at each balance sheet date and are not depreciated. All gains or losses are taken to the Statement of Financial Activities as they arise. ## **Stocks** Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market. ## **Trade and other 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. Page 15 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** **Notes to the Accounts** ## **Cash and cash equivalents** Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the statement of financial position, bank overdrafts are shown within borrowings or current liabilities. In the Statement of Cash Flows, cash and cash equivalents are shown net of bank overdrafts that are repayable on demand and form an integral part of the company's cash management. ## **Trade and other creditors** Short term creditors are measured at the transaction price. Other 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 estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. ## **Research and development** Expenditure on research and development is written off in the year in which it is incurred. ## **Foreign currencies** Monetary assets and liabilities denominated in currencies other than the functional currency of the charity are translated at the rates of exchange prevailing at the end of the reporting period. Transactions in currencies other than the functional currency of the charity are recorded at the rate of exchange on the date that the transaction occurred. All exchange differences are are taken into account in arriving at net income/expenditure. ## **Leased assets** Where the charity enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. Leases which do not transfer substantially all the risks and rewards of ownership to charity are classified as operating leases. Assets held under finance leases are initially recognised as assets of the charity at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the charity's policy on borrowing costs. Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. ## **Pension costs** The charity operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the charity pays fixed contributions into a separate entity. Once the contributions have been paid the charity has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the charity in independently administered funds. Page 16 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** **Notes to the Accounts** ## **Receipt of donated goods, facilities and services** All donated goods, facilities and services received are recognised within incoming resources and expenditure at an estimate of the value to the charity. ## 2 **Statement of Financial Activities - prior year** |**Income and endowments**
**from:**
Donations and legacies
Other trading activities
**Total**
**Expenditure on:**
Fundraising & Publicity
Governance
Charitable Activities
**Total**
Net gains on investments
**Net income**
**Net income before other**
**gains/(losses)**
**Other gains and losses:**
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
3
**Income from donations and legacies**
Donations and legacies
4
**Income from other trading activities**
Other trading activities|**Unrestricted**
**£**
136,427
136,427|**Unrestricted**
**funds**
**2025**
**£**
66,780
2,999
69,779
26,118
16,794
54,536
97,448
4,162
(23,507)
(23,507)
(23,507)
130,608
107,101
**Restricted**
**£**
260,638
260,638
**Unrestricted**
**£**
1,749
1,749|**Restricted**
**funds**
**2025**
**£**
416,021
-
416,021
-
-
350,679
350,679
-
65,342
65,342
65,342
16,625
81,967
**Total**
**2026**
**£**
397,065
397,065
**Total**
**2026**
**£**
1,749
1,749|**Total funds**
**2025**
**£**
482,801
2,999| |---|---|---|---|---| |||||485,800
26,118
16,794
405,215| |||||448,127
4,162| |||||41,835| |||||41,835| |||||41,835
147,233| |||||189,068| |||||**Total**
**2025**
**£**
482,801| |||||482,801| |||||**Total**
**2025**
**£**
2,999| |||||2,999| Page 17 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** ## **Notes to the Accounts** ## 5 **Expenditure on fundraising and publicity** |_Fundraising trading costs_
Fundraising costs
Staff recruitment
Publicity/Research/Volunte
er recruitment
Memberships
6
**Expenditure on governance**
_Governance costs_
Salaries and other costs
Accounting and examiner
fees
DBS Checks
HR Support
7
**Expenditure on charitable activities**
Employee costs
Volunteer & project costs
Premises costs
Amortisation, depreciation,
impairment, profit/loss on
disposal of fixed assets
General administrative
costs
8
**Net (expenditure)/income before**
**transfers**
This is stated after charging:
Depreciation of owned fixed assets|**Unrestricted**
**£**
39,573
975
15,445
202
18,753
74,948|**Unrestricted**
**£**
3,360
499
268
367
4,494
**Unrestricted**
**£**
6,504
5,725
2,427
2,269
16,925
**Restricted**
**£**
330,021
7,584
-
-
-
337,605
**2026**
**£**
202|**Total**
**2026**
**£**
3,360
499
268
367
4,494
**Total**
**2026**
**£**
6,504
5,725
2,427
2,269
16,925
**Total**
**2026**
**£**
369,594
8,559
15,445
202
18,753
412,553|**Total**
**2025**
**£**
19,441
329
5,987
361| |---|---|---|---|---| |||||26,118| |||||**Total**
**2025**
**£**
5,500
6,148
2,877
2,269| |||||16,794| |||||**Total**
**2025**
**£**
347,687
14,646
23,490
282
19,110| |||||405,215| |||||**2025**
**£**
282| Page 18 ## Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend Notes to the Accounts** |9
**Staff costs**
Salaries and wages
No employee received emoluments in excess of £60,000.
10 **Tangible fixed assets**
**Cost or revaluation**
At 1 April 2025
At 31 March 2026
**Depreciation and**
**impairment**
At 1 April 2025
Depreciation charge for the
year
At 31 March 2026
**Net book values**
At 31 March 2026
At 31 March 2025
11 **Investments**
**Cost or revaluation**
At 1 April 2025
Revaluation
At 31 March 2026
**Net book values**
At 31 March 2026
At 31 March 2025
12 **Debtors**
Other debtors|**2026**
364,814
364,814
**2026**
**£**
1,500
1,500|**Fixtures,**
**fittings &**
**equipment**
**£**
1,731
1,731
1,324
202
1,526
205
407
**Other**
**investments**
**- Unlisted**
**£**
82,260
20,104
102,364
102,364
82,260|**2025**
366,413| |---|---|---|---| ||||366,413| ||||**Total**
**£**
1,731| ||||1,731| ||||1,324
202| ||||1,526| ||||205| ||||407| ||||**Total**
**£**
82,260
20,104| ||||102,364| ||||102,364| ||||82,260| ||||**2025**
**£**
1,500| ||||1,500| Page 19 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** ## **Notes to the Accounts** ## 13 **Creditors:** amounts falling due within one year |Trade creditors
Other taxes and social security
Other creditors
Accruals
Deferred income
14 **Movement in funds**
**Restricted funds:**
**Restricted income funds:**
Ealing Befriending
Hounslow
Linked Minds
_Total_
**Unrestricted funds:**
**General funds**
**Designated funds:**
_Total_
**Revaluation Reserves:**
Revaluation fund
_Total revaluation reserves_
**Total funds**||**2026**
**£**
567
4,235
1,000||**2025**
**£**
-
8,318
-| |---|---|---|---|---| |||1,560||2,321| |||-||65,991| ||**At 1 April**
**2025**
6,750
75,217
-
81,967
42,939
60,000
60,000|7,362
**Incoming**
**resources**
**(including**
**other**
**gains/losses)**
**£**
103,797
98,116
58,725
260,638
138,176
-
-|**Resources**
**expended**
**£**
(105,547)
(173,333)
(58,725)
(337,605)
(96,367)
-
-|76,630| |||||**At 31**
**March**
**2026**
**£**
5,000
-
-| |||||5,000| |||||84,748
60,000| |||||60,000| |||||| ||4,162
4,162
189,068|20,104
20,104
418,918|(433,972)|24,266| |||||24,266| |||||| |||||174,014| Purposes and restrictions in relation to the funds: Revaluation reserves Represent the amount by which investments exceed their historical cost. Restricted funds: Ealing Befriending Hounslow Linked Minds Page 20 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** ## **Notes to the Accounts** ## 15 **Analysis of net assets between funds** |15 **Analysis of net assets between funds**|||| |---|---|---|---| |Fixed assets
Investments
Net current assets
16 **Reconciliation of net debt**
Cash and cash equivalents
Net debt|**Unrestricted**
**funds**
**£**
205|**Restricted**
**funds**
**£**
-|**Total**
**£**
205| ||102,364|-|102,364| ||66,445
169,014
**At 1 April**
**2025**
**£**|5,000
5,000
**Cash flows**
**£**|71,445| ||||174,014| ||||**At 31**
**March**
**2026**
**£**| ||181,531|(104,224)|77,307| ||181,531
181,531|(104,224)
(104,224)|77,307| ||||77,307| ||||| Page 21 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D **BEfriend** ## **Detailed Statement of Financial Activities** ## **for the year ended 31 March 2026** |**Income and endowments from:**
Donations and legacies
Donations and legacies
Other trading activities
Other trading activities
**Total income and endowments**
**Expenditure on:**
Costs of fundraising & publicity
Fundraising costs
Staff recruitment
Publicity/Research/Volunteer
recruitment
Memberships
**Total of expenditure on**
**fundraising & publicity**
Governance costs
Salaries and other costs
Accounting and examiner fees
DBS Checks
HR Support
**Total of expenditure on**
**governance**
Employee costs
Salaries/wages
Staff training
Staff - Clinical Supervision
Staff expenses
Motor and travel costs
Volunteers - Expenses
Volunteer - Training &
Safeguarding
Volunteer - Motivation Events
Festive Hampers Project|**Unrestricted**
**funds**
**2026**
**£**
136,427
136,427
1,749
1,749
138,176
3,360
499
268
367
4,494
4,494
6,504
5,725
2,427
2,269
16,925
16,925
37,001
192
2,380
-
39,573
-
-
-
349|**Restricted**
**funds**
**2026**
**£**
260,638
260,638
-
-
260,638
-
-
-
-
-
-
-
-
-
-
-
-
327,813
-
-
2,208
330,021
4,118
1,760
-
-|**Total funds**
**2026**
**£**
397,065
397,065
1,749
1,749
398,814
3,360
499
268
367
4,494
4,494
6,504
5,725
2,427
2,269
16,925
16,925
364,814
192
2,380
2,208
369,594
4,118
1,760
-
349|**Total funds**
**2025**
**£**
482,801| |---|---|---|---|---| |||||482,801| |||||2,999| |||||2,999| |||||485,800
19,441
329
5,987
361| |||||26,118| |||||26,118
5,500
6,148
2,877
2,269| |||||16,794| |||||16,794
341,444
2,764
2,030
1,449| |||||347,687| |||||4,765
4,573
963
1,752| Page 22 Docusign Envelope ID: 10DB7262-A1C0-8E74-8013-4D017E2CC74D ## **BEfriend** ## **Detailed Statement of Financial Activities** |Other Project Costs
Premises costs
Rent
General administrative costs,
including depreciation and
amortisation
Depreciation of Fixtures, fittings
& equipment
Bank charges
General insurances
Software, IT support and related
costs
Stationery and printing
Sundry expenses
Telephone, fax and broadband
**Total of expenditure of other costs**
**Total expenditure**
Net gains on investments
**Net (expenditure)/income**
**Net (expenditure)/income before**
**other gains/(losses)**
Other Gains
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**|626
975
15,445
15,445
202
60
2,914
6,610
4,879
1,211
3,079
18,955
74,948
96,367
20,104
61,913
61,913
-
61,913
107,101
169,014|1,706
7,584
-
-
-
-
-
-
-
-
-
-
337,605
337,605
-
(76,967)
(76,967)
-
(76,967)
81,967
5,000|2,332
8,559
15,445
15,445
202
60
2,914
6,610
4,879
1,211
3,079
18,955
412,553
433,972
20,104
(15,054)
(15,054)
-
(15,054)
189,068
174,014|2,593| |---|---|---|---|---| |||||14,646| |||||23,490| |||||23,490| |||||282
60
2,908
8,352
3,272
181
4,337| |||||19,392| |||||405,215| |||||448,127
4,162| |||||41,835| |||||41,835
-| |||||41,835| |||||147,233| |||||189,068| Page 23