Clwlty r•gtstraU¢)n numbor 1078688 (England and Walo•) Compary rngl•tradon numbv 3707017 SOUTHEND MENCAP (A COMPANY LIMrrED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Tru8tws C Hebden MBE K Migbrinl C Hei*Jen MBE Charlty numbor (Engl•nd and Wal••) 1078686 Company number 3707017 Prlndpal address SS11PG Rogl6t•rnd olllco 100 London Road SS11PG Indopondant examln•r L Kelth FCA SS2 6F Bankorn WC1B SHA
SOUTHEND MENCAP (A COMPANY UMITED BY GUARANTEE) CONTENTS Page Slatement of Dlrectorn. and Intst6e8' ralp1b1IId Independffit •X8mlnerf8 report stateme financlal acUvl#88 Balance 8he¢t stst•m•nl of cash Not8810 Ihe finanrjal 8tatements 10-21
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF DIRECTORS. AND TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH 2025 The trustees. who are 8180 the dire(kns d Sou1he Plencap for th8 purposo of company law, are responslble for preparfng the Dlrectors. And TN5tees' Report and Ihe Ilnancknl statfftnts In accordance with applkabla law aTh United Klngdom Accryjnthg StarKlards (Unlted lQngdom GorallYAted Accountlng Pracllca). Company law requlres the trustees to prepare finandal slataments for eath financlal year which gfve a true and falr view of Ihe state of affalrs of the charity and of the reSOuTr and applkatlon of resources. Includlng the Incorm and expen¢lrture. the ¢harltalAo vxnpany for that year. In preparfng Ihese financlal stslements. the trustees are requtred to: - select sultable accounting pdicies and apply them consistonty. . observe th8 MetrdS and prlliapks In Charities SORP; - make judgements and esllmales that are reasonable arKI prudent - state whether appllcable UK Accountlng Slandards have been follthved. sub to any matorfal dep8rlures dlsclosed and explalned In ts firwdal statements: and . prepare the financlal slatemants on the concem bgsb urA8ss tt kn Inapprowthts to presume that the dmrfty wlll continue in operatlon. The tr[ arn re8ponslble for keeplng 8d8quale 8cctyJnllng reojrds that disclose wilh reasonablo aUraCY at any time the llnandal poslllon of ts charity and enaue them to enwre that the finpanclal statements comply wlth Companles Act 2006. Th8y are atso responslblo for safegwdlng the assats of the charity and hertce for laklng rea80nable steps for the wevention and detecthn and other IrregulaTllie8.
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) DIRECTORS. AND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 PIARCH 2025 The trustees present thetr annual rep1 Ilnan(aal slatemonts for th& year eTrJed 31 March 2025. for Southond Mencap (charlty number. 1078686). financlal slatemts been prepared In 8i%ordm Ihe accourrflng pollcles Set out In nole 1 to the financlal 8tatements and comply wtth th8 tharftys COr1th. 1he Companles Act 2006 and "Accounting arKI Reportlng by Charitles: statem of RecomThnded Pra#ice apPIe to charltlas PTeparfng their accounts In accordance wSth the Flnanclal Rewong standa in ts UK and Repubhc of Ireland (FRS 102). (effective 1 Jarary 2019 The objecllves are: To serve the Interests of thli and adults learrur¥ dlsabfflty. aTrJ th088 of famifm arKI carer8, resldent w#hln Soulhend and the 8urroundlng areas of Casfjepoln( Rochford arKI Rayklgh. To Increa8e understsndfru, and publlc thvarone8s. of tho wr>blms, arml naeAl8, d clldron and adulis wlth leamlrvJ dl8abMIty, and thelr fam[1 arKI carers. To Introduce nffw, (Y already proven In the fi81ts ofeducakn, trthy, s(K Intewall and om0>ryn8nL To act as a pressure group. lo stlrnulate local acllon, whorn the e8n9 Inadoquata. and to advocats for the needs of the leamlng dlsabled. The alms of the are: c•Jmmunlty. To be a forward thlnklng arKI Inrrnuve sow aThJ kn wperth wlth othw opJanlsallon8 and Royal Mencap In furlherance of th888 oWecUves. eontrfbullons, donatlons and subs(¥lpUons. The Irustses are aware of thelr duty under S.17 of the Chwlttes Act 201110 have due regard to the Public Benefft Guldance publlshed by the Charity Commbslorn As the trustee5 ensure that the acllvitles of the charty are for Ihe publtc benellL
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) DIRECTORS, AND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORn (CONTINUED) FOR THE YEAR ENDED 31 PAARCH 2025 Ach10ments and p•rform•nc• gnlllcant 8Ctlvftles and achievements agthst object On both an athigvements and Iln8nclal perfomian(x. thls yoar •nthg 31# Marth 2025 was an In¢redlbty rewaydlng for the sodety folkrlng on from 81 yoarfs amazlng ono thal saw tho re¢olpt of the t legacM loft lo Southend Mencap. AS StKh, tho 80 millnu08 kn have a of IW saairfty ifs n•vw had before. Student numbern 811tl Incf8a8ed, follo9 the trend the past fthv and ulllmately reachlng rac0 lovel& acro88 our pr4ects and athlues. In tum. Ihl8 furthar aIltrS our 8elF8uffidency stratsgy to cJntlnug to dellver small level of unre8trlded Income bock the socw. Our Shmtoppern Proled agaln reported a profft for th flnanclal year and, along wlth the ¢onttnued 8uc¢es8 of our Novel Coffee Shop. those two 8ervl¢e8 contlnued to bo able support the fin8ndal costs for our Famlty Support Worker proje Thbs mean8 fundlng Is stlll not requlred lo bo Sought for our Famlly Support Worker projec( whlch frees up other funding appThcations to b8 8ubmltted for th080 ojects Ihat vlll nevw become 11 sufflthL duo to R bolng a 8ervi(x. H(Mvor, Ihanks to th8 large legade8 recelved prevlous yoar, Ihl$ en8urod our Advocacy 8er¥lce had fvll flnandal 8ecurfty throughout the year, 80methlng that Is rare for the servlce. In addNlon, fdtowlng an Inbtlal dl8CU881on wSth Soulh E88ex Advocacy ServtC88 back In the summer, the soclety partnered wlth Ihem In tslr bld to 8eoJre the lW Adw)cacy conlJact for Southend Clty CourKII and we we deltghted to Infcnnod In March Ihat the bld hod boen succossfiA. Th1811 tho first tlmo Soulhend Menc8p ha8 been able to 88cure any part of th8 Coundl'8 Advo¢a¢y ¢ontrac( thl¢h wtll ncrw wovtdo the 8ocbety wlth guaranl88d fvnds for lh8 pnjlect through unlil Marth 2028. We arn IMMOnlY grateful to South Essax Advocacy Serlc6s for Invltlng u8 to parther them on thts bld and we very rnuth lod( foNMrd to a fruStfiA and collaborat1 partner wllh them over the8e three yearn. Tho Novel Coff¢0 Shop contlnued to ex¢8od au oxpoclth and al hosted a numbor of fundra181ng events durfng the year. two of vthlch were for ¢)thor organl8alloM. There h8d been a ¢hange In the staffing at tho 8tart of 2025 but, after a few weeks of rtrorgan181ry tha remalnlng stsff arKI 88uJrlng a couple of now staff. the coffeeshop rernalned 08 8ucce88ful a8 ever. The use of ts up8tslr8 premkn8 has slighty Inc%eased provkllng oppothnlttes for number of local communty groups to 8tage regular mgeOrvJ8. gatherlng8 elc. and there w511 a180 be a regular weekly booklng from Aprll 2025 that hopefully c4yJld In pvIde a 8eThlce for the (xlmmunlty. The fvll programme of our fvndr81 events agaln prnved very much In dernand and allowlng us to 88curé some much needed fundlng to support those projects that 11 never be ablo to beLme self4ufficl8nL The End of Surnmer Ball and Cabaret Fundral8lng Lunch events were knlfic succ885•s arKI we a180 had a Hallmen Paty thal w88 twlsod by a c108• frl•nd of th• 8ocW ts ral•• furthor fund& Our MODS drama group'8 Iht perfwmm al Th? Pakn¢g Th09trg In Novomber tho Ihost audknK attandance slnca the group have been perfOrnng there. thus provhatng tha w)ndorful cast of actorn and a¢tre8888 to ghowcase thelr amazlng confhkn and talents to the largest gatherlrvJ lh• MODS group has ever expeTEenced. Incredlbty movlng 8tandlng ovatlons at the erKI of both porfornwnc8s happon8d and, thanks to th8 very generous audien¢e momb8rn, wor8 atAe to ral80 over £1.500 from the raffle held on the nlgM8. In addttkln, ow wonderful frlends fmm The Only F(th and Horses Sorjal Group 8oaln In attendance and presented ow president, Robtn Nardono, whh a theque for £2,000. Hlstorfcally, th18 lovely group only fundralse for an ¢)rganlsaUon for one year before ClOsIrj Someone e18e k) support but they had been so taken wlth our MODS Group and the students that they not onty c*Mtlnued Thras1J for this second yoar, they have even made plans to progress thi8 in this jrrent financlal year. Southend Mencap Is ImrrAlY grateful to The Only Fools and Horses Sodal Group for all thelr klndnpss, Supyt and dodl¢thn to the 80doty.
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) DIRECTORS. AND TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORn (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Flnanclal rnvlow The ffinanclal cllmate remalned a very uncertaln one, e8pe¢lalty wfth tha conunuatlon of the cost of Imng crfsls In th8 UK. However, along wlth the 8ecurfty provlded by the Iwo large legaci88 re(*ived at the end of last year. th8 lundraislng and donatlons the 80dety 8ecured durfng thls year proved more than Sufflclent lo ensure th8 Exeth• Crjmmlttee conllnued lo be confid•nl on the long-tom) fulure for the 8odety. For a second 8tr8lght year. tha soclety a180 benafited greaty from an Inuea8e In other orgfinkattons choo8lng Southend Mencap, or one of our partlcular proJectslackn8, to ra18e fund8 for durfng the year. For tho finanrjal year, expendlture was equal to £465,780. whernby three months. 6xpendliur• would approxlmate £118,445. At the balanca 8he6t date. Iho reservog balanc• 8at at £343.333. 80th the Southond and Lelgh charfty shops malnlalned an annual Income generated a8 888n In the la81 iwo yearn but The Novel Coffeg Shop greally exeded IVS Income from the provlous year and ra188d £60,OIJO In a Ilnonclal year for the firet ttrne 81nce It opened back In 2018, whlch wa8 an In¢rea88 of £8,000 from 2024. Fundlng appllcatlons contlnued to bo neadèd 8B nol all projects wlll be able to become Sell 8ufflclenl e.g. Advocacy, Ich 18 8 fr08 88rvico 80 gener8te8 no Income. However, the cmtlnued su8$ of the 80lf-8ufficl8ncy 8tralegy rg8uIt8 In our Famlly Support project COnnUIng to bg fvndgd by 8urplu8 fvnds generated by both our Show81oppern Project and Novel Coffe8 Shop, vthl¢h wa8 menlloned In the prevlou8 •ectton on the •ocl8ty8 perfonnanco and achl8vement8. We agaln had tho contlnuatlon of our ongolng flvfryear grant from The Natlonal Lottery Communlty Fund, whlch provldgd £17,914.36 durfng IhlB flnandal year and contlnu08 through unlll September 2025. There was al80 Iho In81 paymerrt of £6.265.75 from our throe year grant wtth BBC Chlldren In Need that ended at Ihe end of May 2024. Other fundlng 88curnd for Iho year from grant appllc&ttons was £10,780 from The E8•ex Communlty Foundatlon, £6239.26 from Southend Coundl Short Break8, £6,218 from Natlonwlde Bulkllng Sodoty, £2,875 from The R08ca Tru81 and 8180 £2,875 from tho FSJ Charlt108 Twst. A8 ever, the 80cloty 18 Immen8ely grateful lo all the8e IxganlBatlon8 for thelr finan¢lal 8UPPOrt thls year. The Charfty contSnua8 to feel 1116 approprfale to hold reseNe8 equlvalent to three month8 Nnnlng co8t8. Th1818 consldered to pr89ent a reasonable amount to allow ilme for tho 80urclng of fund8 or Ihe orderly wlndSng up of the charfty, In tho ca8e of the fallure of present fundlng. Major risks R18k Managomont: The Irusleos havo assessed the mar rl8k8 to which th• tharty Is oxp08ed. and aro 8atl8fted that 8y8tem8 are In ace to mlttgate exposure lo the major rl8k8. Structurol goveman¢e and managomont The charity Is a company Ilmlted by guarantee and Is, therefore, govamed by a memorandum and arflcles of a&wclallon.
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) DIRECTORS. AND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustee8, who are al80 Ihe directors loi the purpoBe d company Iyaf, and served during tho yoar and up to the date of 8lgnature of the Ilnan( statements C Hebden M8E L Nardofto G Treadwell K Mlglorfnl S Wa18h w wtl8on A CopfrPrfor A GroM8mllh (Raw 20Aw8t 2025) {R081gnad 29 AU81 2024) The board of tru8lee8 ha8 the p(Yww to appolnt and reffm Iru8tee8 on a majth ba818, the ¢halrnwn C None of the trust ha8 any benefldal Intorngt In the ry. oryan18aelon •tnKturn The charlty 18 oryanl8ed 80 trt truthe8 moot 901ty to Its affalrn. M. McQen 18 a full Ilmo 8UPPOrt admlnlstrator, who implomonts tho ded81ons ol the tN8tea8. overneeing Ihe day to day Nnnlng of the thavlty and ganlslng fiJndral8lng and eppllcalJon8 for grants etc. There 18 al80 one full ffle shop manager, a part41me a8s1stanl Shop manager and Iwo part-tEm8 b 8harfng office wpport admlnlstratbn asslstants. In addltlon It has one full ttme and one part tlme advocate8 for ts leamlng dl8abW, and thelr f8nlllo8, together wlth a part tlme Famlly Informallon Offlcer. There arn 80me tsvonty two gmployo88 who run vaTIou8 actmtles for tho loamlng dlsabled. These aro a mixiur• of full and part tArne 8tsff. We afe a180 vory gratofvl to all our volunteer workorn, wlthout whom the Socl•ty could nol funcllon. The Dlr•ctorn' and tru8tee8' rewl w88 approNd by Bosrd of Trusteo C Hebden MBE Dlroctor and TnMI••
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOUTHEND MENCAP I report to the Ite98 on my examlnallon of the financlal statements of Soulhend Mencap {the charfty) for the year ended 31 March 2025. Re8ponslbllftlg8 and ba•ts of report As the trust88s of th8 chaTIty (and also Its dlrectors for the purposes of company law), you are responslbl8 for the prepatIOn of the financlal ststements in accordance with the requirements of the Companies Aci 2006. Having satlsfied myself that the financlal Statsments of Ihe charity 8re not required to b8 audIted under Part 16 of the Companles Act 2006 and are ellglble for Independent examination, I report in respect of my examlnatlon of the charftys finala1 ststements ¢arrled out under sedon 145 of the Charfties Aci 2011. In Carrying ¢)ut my examlnallon I have followed Ihe Dlrectlons glven by the Charlty Commlsslon under sectlon 145(5)(b) of the Charftles Act 2011. Indopendont oxamlnerfs statsmenl Since the charws gross Income exceeded £250,000, th8 independent examiner must be a member of a body listed In sectlon 145 of the Charftles Act 2011. 1 conftnn that l am quallfied to undertake examlnallon because l am member of Ttte ITlUte Chartered Accountants tn England and Wales, whlch Is one of the118ted bodlos. I have completed my examlnatlon. I confirm thal no matters have coma to my attentlon In connecilon wlth the examlnatlon gfvlng me cau80 to belleve Ihat In any materlal respect: accounllng record8 were rK•t kept In respect of the charfty as requtred by Sectlon 386 of the Compan188 Act 2006. the fjnancl818tstements do not 8ccord wllh th08e record8: or the financlal statements do not comply wlth the accounllrtrJ requlrements of secfjon 396 of the Companlas Act 2006 other than any requlrement that flnandal statements glve a true and falr vlow, vthlch Is not a matter considered as part of an IrKlependent examination; or the finand81 statements have not been prepared In ac¢ord8n¢e wllh ItKg methods and prfndple$ of the Statem8nt of Re(x)mmended Practlc8 for accounting and reporting by chaTlties appllcable to tharfties preparing their fjnancial statements in accord8n¢e wilh the FinancAal Reporting Standard appllGable In the UK and Republlc of Ireland (FRS 102). I have no concems and have come acro88 no other matters in ¢onne¢tion th tho examlnauon to whlch attanllon should be drawn In thls report In order to enable a proper understanding of the finandal statements to be reached. L Kelth FCA Curnberland House 24-28 BaxterAvenue Southend on Sea SS2 6HZ
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITUREACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrnstrlcted R06tr1clod funds 2025 Total Unroslrtcled R•strlcted lunds funds 2024 2024 Total 2025 2025 2024 Not08 In¢omo from: Donatlons and legactes Ch8rftable adivStles Other tradlng 8cUvlil88 Investments 17,649 295 138,383 1.101 51,647 178.497 69,296 178.792 138,383 1.101 332,090 450 134,832 1.134 140,027 265.652 472,117 266.102 134,832 1.134 T¢rtal Income 157.428 230.144 387.572 468.506 405.679 874,18S Expondliure on: Ralslng funds Charftable actlvl 153.845 63,360 153,845 311,935 107,194 102,149 107,194 408,006 248,575 305,857 Total expondhuro 217,205 248,576 465,780 209,343 305.857 515,200 Not Incomel(•xpondhurn) (59,777) (18,431) 178,208) 259,163 358,985 funds (13.291) 13.291 (9.392) 9.392 Net movemenl In fund8 10 (73,068) (5,140) (78208) 249,771 109,214 358,985 Reconclllatlon of fund8: Fund balancos at 1 April 2024 347.653 73,888 421,541 97,882 (35,326) 62,556 Fund balances a131 f•larch 2026 274,585 88.748 343.333 347,653 73,888 421.541 The statement of financlal acuvllles Includes all galns and lo&ses recognlsed In tha year. All Income and expendlture derlve fmrn contlnulng actSvhles.
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET ASAT 31 MARCH 2025 2025 2024 Flxed assets Tangible assats 14 278,659 291,758 Curr•Trt a8set8 Debtors Cash at bank and In hand 16 13.618 67,268 16.415 132,040 80,886 148,455 Crodltors: amounts falllng du• wlthln one yoar 16 (16.212) <18,670) Not current a88et8 64,674 129,785 Total ass•ts19$8 ¢urr•nt Ilabllltl•8 343,333 421,641 The lunds of the ¢harlty Restrlcted Incomo funds Unr95trlcted fvnds 18 19 68,748 274.585 347.653 343,333 421,541 The Company Is entttled to thè oxemptlon frr#m the audit requlrement contalned In sectlon 4T1 of the Companl8s A 2008, for tha year ended 31 March 2025. The dlrectorn acknowledge thelr re8pon8lbilities for Comply1 wlth the requlraments of tha Compani88 Act 2006 vthh respe to accounting records and the preparallon of fjnanclal 8talements. The members have not required tho company to obtaln an alIt of Its ffinandal StateMts for the year In questlon accordance wilh section 476. These financial Statements have been prnpared in accordance with tho provlslons applkablo to companfes 8ubJ8ct lo the small companles reglme. The financlal Stalements were approved by Irustees on ......................... C Hebden MBE Dlrnctor and Thi$t¢• Company reglstratlon number 3707017 (England and Wal8s)
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 21)25 2024 Cash flow8 from oporatlng aGtlvltl•8 C88h (ab8Ort>ed byygeneratod from operallon8 (65,873) 327,835 Inv•8tlng actlvltl Purchase of langlble fixed a880ts Proceeds from d18PO8al of tsnglble fNed assets InveslJnent Income reeelved (178,247) 304 1,134 1,101 Net ca8h g•nerated fromllu•od In) Inv••tlng acllvltlos 1,101 (176,809) Flnan¢lng aotlvltlo• Repayment of borrowln (21,795) N•t ea8h used In flnanclng a¢lfvltl•• {21,795) Not (decrea••)Iln¢rea80 In cash •nd ¢a•h •qulvalents (64,772) 129,031 Ca8h and cash oqulvalonts at boglnnln9 of yur 132,040 3.009 Cmh and calh oqulval•nt• at •nd of y•ar 67.268 132,040
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounllng poll¢l•• Charlty Inforniallo Southend M6ncap IB a prfvale compary kmlted by gants0 Irworated In England and Wales. The roglstered offlco18 Tho Har Centre, 100 Lrybdon Road, SIXJIh Seg, Essex, SS11PG. 1.1 Bao1• of pr•parntlon The tlnanchl st8t8ments have bg8n yopared In accorthnco wllh tho dwrW8 govemlng doThn( the Compan1•8 Act 2006 arKI "Accounllng and Repryung by Ch8flUos: Slatement of Recommendad Pradlca appllcabla to charftte8 prepartng thelr accounts In acl¥>rdan the Flnandal Reportlng Stsndard appllcable In the UK arKI Republlc of Irelarrfl (FRS 102) {effectNe 1 January 2019)". Tho charity18 a Publlc 8enefft Endty a8 dellned by FRS 101 The finandal statements are prepared In slathg. 18 the fundlonal ¢urrenry of the charlty. Monetsry amounts In Ilw Ilnondal slatomonts arg rounded lo the rMre8t £. The flnandal 8tatomants have been prepor•d uTh1or ts hIstr# colt cfjnvontlon. Tho prlnclpal a¢(x)urrtlng pollcle8 adopted are set oui below. 12 Golng ¢r•n¢om At the tlme ol approvlng the flnanclal 8tslwftents, tho trusto8s a roa8onabl8 axp8ctsdon that the ¢harlty has adequate re80urce8 to ¢xmtinu8 In oporaknal exl8tenc8 f(Y tho for88eeable future. Th8 tru8ts8'8 rewnlae there aTO materw uncert8lndg8 about thg enlty8 ablllty lo (¥Jnllnue and Ihu8 the Inmteea conlknue to adopt the golrrfJ (>eAn basb of accountlng In pryrfng the Iln4ndal 8talement& Th18 vlow18 by the approval of gfant fundlng rfjcfjlv8b ovor Iho nexl llve Y to 8UPPOrt 8pecffic projects. 1J Charftable fund• Unrestrlcted fund8 we avallatAo lor u80 at dKrolkn of tho tru8t801 In fvrtherance of Ihalr charflablo obJoCtIvo8. Restrlcted funds arn suw to spedfic condlllon8 by donorn or grantsr8 a8 to Ih•y may uled. The purpose8 and u808 of the re8trlcted funts are set In the ft0 to the11narKlal 8latement8. Endowmenl funds are suWec* to by dorK>rn Ihat tho capllal must bo malntslned by the charlty. 1A Incom• Income Is re¢ognlsed when the charfty Is legally entltled to It after any perf0mnCe cth)dlllons hove boen me( the amounts can be measured rellaw, arml It18 probat49 tr1 Inme bo recelvod. Cash donalions are rec•Jgni8ed on rnrnipL Otrffjr donath are re(rynlsed once the charfty has been notlfied of the donallon, unless perf0mnCe con(rrtlon8 requlre delerral of the amounl. Income lax recoverable In relatlon to donatl¢Ms recelved under GiftAid or deeds of covenant Is recognlsed at the Ilma of the donatlon. recognlsod when recolvable. Stock8 of unthstruted donated goods are not valued for balanca Sheet purpose8. Grant Incoma 13 regn wherb the 18 Iwty ant111 lo It allor any perfommnce conthlions havo be8n mel. the amounts b8 measured rellaw. and It Is probable that Incorne wll] be recelved 10-
SOUTHEND MENCAP (A COMPANY UMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcle8 (Conllnuod) Tradlng Income18 recognl8ed when the sale occurs to the athmor, and18 8hown after dl8counts and net of VAT. 1.$ Expendlturo Expendltura18 recogn180d once thore18 a legal or con8tructlve obllgatlon to make a payment to a thlrd party,11 18 probabl8 that settlement wlll be requlred and tha amount of the obllgaon be measured lIably. Expendllur•18 da6fi•d undor Ihg followlng acllvty adIng8. Co818 of generallng fund8 Indud8 the c08ts of commorclal tradlng acdvtllu and It8 a88ocFated 8UPI)ort CO8t and fundralblng costs Incurred In Induclng people and OrganI8aon3 to contrlbute flnandally to the charW8 work, th18 Includes Ihe c08t ol advertlglng for dIatIOn3 and tho 8taglng of 8peclal fundrn181ng events end all a880dated Support cost& Expendlture on thaTElabJo actlvltl88 Indud88 all expendlture dlrecuy related lo advlttei undertaken to further tho pu038 and achlevo tho obJecUve8 of the charfty and thelr a1clat•d support CO818. Other exp8ndltuM repre88nts th0 rt•mi not falllng Into any other headlng. Support costs are those functlon$ thal as8ts1 In the work of the d)8rlty but do not dlrectly undertake ¢h8rflable actlvltl88. Support costs Indude back offlce 819. finance. personnel, payroll and governance costs vthlth 8upport the ¢harftlg8 programm08 and actlvttle8. Th888 c08ts have been ollocated to expendlture on charftable acOvltl88. The ba818 on whlch 8UPPOrt Costs ha boen allOted arg 8gt out In note 8. 1.6 Tanglbl• fixod a•8•t• Tanglble fixed 888ets ar8 Inlllally measured at o)8t and 8ub8equenlly mea8urnd al c08t or valuatlon, net of depreclallon and any Smpalrrnonl108808. Tanglble flxod a888ts are Stated at (%)8t 1088 deprnclatlon. Item8 CO6tlng below £100 are not capltall80d. Depre¢laOnI8 provlded at rates calujlated to *Ylte off the Co1088 OlMated rn81dual value of each a8891 over It8 •XPeCted u8eful Ilfe, a8 fdlow8: Freehold propo Plant and machlnery Flxlure8, fittSng8 & equlpmont Molor vehlcl08 20 year8 8tralght Ilne 40% roduclng balance 15- 40% r8du(an9 balan 25% reduclng balance Freehold land and assets In the courno of construclon are not depredated. The galn or loss arfslng on Ihe dlspo881 of an asset 58 detam)Ined as the dlfference between Iho sale pMceed8 and the carrylng value of the asse( and Is recognlsed In the staloment of flnanclal 8Ctlvllle8. 1.7 Impalrnient of flxod a•o•ts At each reportlng end dale, the charlty revlews the carrylng amounts of Its tanglble assets to delemilne whether Ihere 18 any Indlcallon Ihat Ihose assets have suffered an Impalmont1088. If any such Indicatlon exlsts. the recoverable amount of the asset Is e8timated in order to determlne the exient of the Impalrrnent loss (If any). IJ Ca•h and ¢a•h oqulvalents Cash and cash equlvalents Include ¢agh in hand, deposlis held at C811 wlth banks. other Short4 Ilquld Investments wtth orlglnal maturiiles of three months or1085, and bank overdrafts. Bank overdrafts are Shown within borrowtngs In current liabllities. 11
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE HNANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 AcUntIng pollcloB (Contlnuod) 1.9 Flnanclal In•trum•nls The charlty has ted to ap the wothlon8 of Secllon 11 '888lc Flnan(xl InslNm8nt8' and Secllon 12 Y)ther Flnan¢knl In8tNmerts188ues' of FRS 102 to of118 finarKaal Instrurnents. Flnonclal Inthments are reeognloed kn the dwlty8 bAlanco •he8t Ihe charty bec4x party to tho contractual provlslonB of tho InBtrurnenL Flnan¢lal 4889ts and Ilabllldg8 arg off8oL wlth the not amowts we8ontsd In finan(18tatemants. vthen there Is a legally enforc•able rlght Io sel off tho rwnl8ed amounts and there Is an tnlenllon to 80tt10 on a nel ba8b or to reaU88 tho a8801 and the Ilablllty Ba•1¢ flnM¢W •M•ts Baslc Ilnanclal 888ets, whlch Indudo deblorn and cash and bank bqlanc88, are measured al tran8actlon prlce hUdIng tr8nsactlon C unl888 Ihe arrangement con8Utute8 a finandng transacllon. twro Ihe transactlon 18 mea8Ufod al the presenl value of the fvture recelpts dhcounted at a maTket rate of IntOTest. Flnandal 8880ts Basle flnrtl•l IlabNld•• Ba8lG Ilnandel Ilabllltl88, Indudlrvj u•dSth and bank loam arn rncognlwj at tran8a(Alon Pllce unlem the •rrangemont constliutes a ftnandng tran8actlon, Tlthere the debt Instrumont Is rneasured at tho present value of the future paymen18 dlscwnted •t a nwrkel rate ol kntero•L FInal IlablllO•s dauffied a8 payabl8 wllhln on8 year are not amort180d. Trado are obllgallons lo pay for good8 or 8oNIc88 that hm been acqulrod In the ordlnary cour8e of oporatlons from suppllerg. Amounts payablo aro da88lfied 88 currerrt Ilabllttt88 If paymont18 due wlthln ono year or leu. If not, thy are pre8enknJ a8 Ilabllllles. Tradè ryedltorn are ro(wn18ad al tran8acllon prlce. Flnandal Ilabllllle8 arn lh• dwlty8 contrwW cdlgatknrffj explre or are d18chargod or cancelled. 1.10 Employoo n•fits Tha cxxt of any unused Ixliday wrfllknnt l• recogn188d In thg pwlod fn *btch tha employee'8 8eT¥Ice8 arn Tem)InaUon benefits awe recogn18ed Immedlatety a8 an &Ypgn80 when thg charfty demonstrably (xynmltted to terrnln the emthnMt d an enwbyoe or lo wovld• tomithath)n bonellts, 1.11 Rollromont bonofits crftlcal aceounllng •8llmalo• and jUdg•n In tho appllcatlon of tho dwritrf$ poll(I08, ts tru8tO08 are requlred to make Judgements. 08Umate8 and a$8umptton8 about the carrylng alr1nt of assets and 1Sabllllle8 Ihat are not readlly apparent from other 80urces. The esttmates arKI assorxatsd a&sumpllons are based on hlstorfcal experfen¢e and obknr factors Ihat esllmata8 are recognised in the pth In vthlch the esllmats Is revlsed where the revlslon affects only Ihal perlods. 12-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donatlon8 and l•gaclo8 Unro8lrfetod Ra•trl¢tsd fund• funds 2025 2025 Total Unrnstrlcted Ro8trlcted lund• funds 2024 2024 Totsl 2025 2024 Donatlon8 and glft8 Legacle8 2,649 16.000 32,136 19.611 34,785 34,511 16,364 315,726 19,477 120,550 35.841 436,276 17,649 61.847 69,298 332.090 140.027 472,117 Incomo from charltablo a¢tlvltl•8 UnrMtrl¢tod RtrIcted nd8 fund8 2025 2025 Total Unrn#trlct Ro8lrfct•d funds lund8 2024 2024 2025 2024 Charftable actMtIo• $818 of good8 Servlces provldod under contract Sale8 of 8wvlcg8 by beneflclarfe• Perfomiance r•lat•d grants 190 93,770 93,980 460 124,403 124,853 105 41,734 41,734 13.749 13,749 42,993 42,993 127.500 127,500 295 178,497 178,792 450 285.852 266,102 Incom• from olh•r tradlng aclMIIo8 Unro8trl¢tod Unrestrlct•d fund• fund8 2025 2024 Non-charStable tradlng 8CtSvltle8 138,383 134,832 Income from Inve8tmont8 Unrnstrlclod Unrostrlctod lund8 funds 2025 2024 Intorost recelvable 1,101 1,134 13-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expondfturn on ralstng funds UnreStrlc Unrn8trlcted lunds funds 2025 Fundrnl8lng and publklty D8predatEon and Impalrment 13.041 13,776 Tradlng costs Other tradng 8Ctivitles Support costs 48.300 92,504 59,473 33.945 140,804 93,418 Total Msts 153,845 107,194 Expondliur• on ¢harflable aclmtles Charltabla Charltable 2025 Dlr•ct costs Depredatlon and Impalmient oth8r dlrect tharitabl8 expendre 80,651 103.432 80,707 103,526 Share of 8UPPOrt and govemanco ¢¢sts ($•• note 91 Support Governance 230,598 630 303,239 1.241 311,935 408.006 Anatysl¥ by fund Unrestrlrted funds Restrlcted funds 63,360 248.575 102,149 305.857 311,935 408.006 14-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMEKfs (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 Support C08ts allo¢at•d to athflles 2025 2024 staff o)8ts Slaff tkne spent (85% 285,118 292.782 Offlce 8uppIt•8 4.895 Equlpment hlrn 18,089 5,067 Ltght, heat and wat•r 4.633 In8urnnca 4.801 4.022 Telep1ne and fax 4224 3.852 Computsr 6xpeni 1,107 Llcana88. pemilts arKI sUb¥1P Usage (10% tradlnpg0% 1,721 1,163 Travel and enlertalnl 13 Sundry charttabh 243 1,862 12,252 11,584 Govemanca colts Slaff tlme Spent {85% 4.200 8,273 323,732 338,425 Anaty•od b•two•n: Fundra181ng Charltabl6 a¢thltlo8 92,$04 231228 33,945 304,480 323,732 338,425 10 N•1 mov•ment In lund• 2025 2024 The Mt rnov•ment In fund818 stated after (*arBwW{ezeoltirg): stalements Depredallon of tangltA8 fad assets 13.097 13,871 11 Trte¢l None of the Irustees (or any person8 conn8(aed them) reImtr80Tr1on( for expenses during the year 15-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 {Conllnued} Remuneratlon was pald k> a truslees tr serylces wtylded k Ctrwlty durfry the year, £8,711 (2024: £8,807) to L Nardone. txte lo eMplt stats Ilw are non-voting trustees. 12 Efflploye 2025 Numbor 2024 Number Tradlr¥J Other charttable adl¥l Admlnlstrallon 18 16 Total Employment ¢osts 2024 Wages and salarles Soclal securlty costs Other penslon ry)sts 255.435 5.913 3,770 280,542 7,689 4,551 265,118 291782 The full Ilme equlvnl of the total W Ilme slaff was 14 for thè year (2024: 12). 2025 grogate compensallon 33,633 13 Taxatton Tho charfty Is exempl from laxatlon on lls acllth becau80 al A5 Incrmno Is applled for ¢harftable purpos0& 16-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 14 Tanglbl• Ilxod aats mackln•ry Ilty & Al 14)rf12024 308247 3.128 6,468 102295 420,138 At 31 March 2025 308247 3.128 6,468 102295 420,138 Dopreclatlon and IfflpalrnMnt At 1 Aprfl 2024 Doprndatlon ch8rgod In tho year 6,393 13 93,534 2,19D 128,382 13,097 10,839 At 31 Marrh 2025 3,043 6,406 95,724 141,479 Carrylng amount At 31 March 2025 271.941 62 6,571 278,659 At 31 March 2024 282.780 140 75 8,761 291,756 15 Dobtorn 2025 2024 Amounts lalllng du• r*lthln on• y•ar. Trnd? debtorn Other debtorn Prepayments and accru•d Irrtom• 5,230 5,475 10,896 13,618 16,415 10 Crndltor•: amounts falllng du• wlthln ¢)n• y••r 2025 2024 Olhgr tsxakn 8ocW 8rIty Trnde uedltor8 Other (YedEtors Accruals and deferred Inco 8,851 4,813 6,341 879 6.637 787 6,574 16,212 18,670 2024 3.770 4.551 17-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Retlrnmont benofft 8chome8 (Contlnuod) The charfty op8rate8 a defined contrlbullon pen81on schema for all quallfylng employees. The assets of the 8dme are held separntety from those of the charfty In an Independenlly administered fund. 18 Restrlctsd fund8 The r081rf¢ted fvrKls of th6 charlty ¢ornprfse Ihe unexpgnded balarKes of donatlons and grnnts held on trust subioct to spedfic condNlons by donors a610 how they may be used. At 1 Aprll 2024 Incomlng Re80urco8 rn8oUr6 expended Tran8ler8 At 31 Mor¢h 2025 45,688 (359) (3,535) (1.139) 7,138 (204) 1,579 16.180 18.177 12,715 24.265 195 5.252 23,164 25,220 <33.441) {18.528) (11,296) (36.981) (13,041) (3.662) (18,336) (25,220) 28,407 (710) (559) {6,355 {5,708 1.386 6,407 Btg lottery Club 18+ Family play and ros&xte Family svpport worker Frfendship Grow) MODS Muslc Man Project Muslc School Sponsored Walk Showstoppgrn SMASH Compatlbles Annual Fundrnlser Pot Yoga 1,557 7,500 292 (292) 22 78,331 10,456 (66,046) (5.532) (5,151) (4,937) (6.404) 22,741 2.786 4,875 4,781 10,875 1,284 4,098 5,905 1,971 7,865 11,174 6,771 (2,245) 73,888 230,144 (248,575) 13,291 68,748 18-
SOIJTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Rostrl¢tod fund8 (Contlnu•d) Pr•vlou8 y•ar. At 1 Aprfl InMmlTha Ro8ourcM Trnnsforn At 31 March 2024 (15,598) 107.626 17,914 11.804 57.119 24.192 4,016 (148) 22,2fA) 45,47T 11Y2 <46,340) (17.8n) <13,376) {47,071) {10.137) (3.128) (844) (21,886) (47.021) (778) (192) 45,888 (359) (3.535) (1,139) 7,138 (204) Blg lottery Club 18+ Famlly play and r88plte Famlty 8UPPOrt M)Tk6r Frfond8hlp group Maldon 8ranch MODS Musk Man Project Muslc Sthool Mu8fc Supplte8 Palladlum Concert Showstopper8 SMASH Trnn8lllonal Advo¢al• Cornpadbles Annual Fundral8er Pot Yoga (1,963) (11,187) (6,917) <1,092) 732 1,579 (10,314) <1.542) 3,921 4,757 1725) (2) 78 1,970 925 1,395 13,921) 77,870 10,4L (72.171) 16.999) 10,456 2.685 6,540 7.082 13,13S (5,334) (4,954) (8.155) 1,284 4,098 5.905 (35,326) 405,679 {305,85n 9.392 D88crlpkn d materlal fund•: Advocacy (£28,407) and Famlly Supwt Wckef (5708) pro repre8ent free advl¢e and 8UPPOrt 8ervlce8 provkled by the charfty, wht¢h 8rf8 fimdod ty •xt•mal grt fundlng and tho 8urplu8M prrAuced by unrestrlcied tradlng actlvttles. ShMtopper8 (£22,743). Smash (£2.785) and Yoga (£10.675) proJ8cts represent actSvlty dubs operated for a membershlp 8ub8uFpllcm ptsa. to enable to pr4ects to covor tholr and offered to the charivs core audlence on a Tekly bath. All restrtcted funds shu•Ang deficlts at I yaar-end date do so due to cashficw tlmlng and Trn ts surplus•8 shortly after the year4nd. as furlher dub fees. grant payments or donatlons are recelved. Durfng th8 year, tran3tsr¥ were mado t1%en restrlcted and unrestrlclad funds In onler for the unr8str1(aad furK18 to Ix)ntribute to the 8alary costs 8ttrrbI8 to Conyti%es and Farw Play & Resplle fund8 . All transfers re agreed UP by the T no otsr tr8nth were mado th addltN)n to ttrme dexrtbed above. 19 Unrastrl¢tsd fund• At 1 Aprfl In¢omln9 Resourc 2024 rn8our¢e8 oxpondod Tran8for• Al 31 March 2025 General funds 347.653 157.428 {217,205) (13,291) 274,585 19-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Unrostrlctsd funds (Contlnuod) Provlous yoar. At 1 Aprfl 2023 Incomlng Resourcos r•sour¢es oxpended Transfor8 At 31 March 2024 General funds 97,882 468,506 (209,343) (9.392) 347,653 20 Analys18 of not a88•ts bolween fund8 Unrostrfctod Reslrf¢ted funds funds 2025 2025 Total At 31 March 2025: Tanglble assets Current a&setsl{Ilablllttes} 278.575 (3.990) 278.659 64.674 68.664 274.585 68.748 343.333 Unrestrlcted Ra8trlcted funds funds 2024 2024 Total 2024 At 31 March 2024: Tanglble assets CuThent 838etsl(Ilabllllles) 291,615 56.038 141 73.747 291,756 129.785 347,653 73,888 421.541 21 Related party tran8acllon8 There wore no dlsclosablo related paty transactlons durfng tho year {2024- non8). 22 Cash (ab80rbed byygefteTalod from operatlon$ 2025 2024 (Daficltysurplus for the year (78208) 358,985 Adjustments for. Investment Incom8 recognlsed In statsment of finandal athllles Depreclatlon and Impalmient of tanglble fixed assets (1.101) 13,097 {1,134) 13.870 Mov•nwnts In worklng capnal: Decrease in debtors (Decrease) Sn cradllor8 2,797 (2.458> 7.970 (52.056) Cash (absortwd byygonorated from op•rallons (65.8n) 327,635 -20-
SOUTHEND MENCAP (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 AIARCH 2025 23 Analy818 of ¢lwy8 In net funth -21-