Charity registration number 1082380 Company registration number 03710559 (England and Walesl EGIST HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 At63ZHP5 1811112024 COMPANIES HOUSE A05
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HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr David Smith Ms Lauren 8ushby Mr Mark Heath Mr Richard Taylor Charity number 1082380 Company number 03710559 Reglslered offlc• The Bell Brewery 676 High Road Tottenham London N170EA Ind•pendent •xamin•r Calon Fry & Co Ltd Essex House 7-8 The Shrubberies George Lane Soulh Woodford London E18 1BD 8•nkerd 8ardays Bank UK PLC 1 Churchill Place London E14 5HP Unrted Trust Bank Limited One Ropemaker Street London EC2Y 9AW
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Trustees, report Statement of Iruslees, responsibilities Independent examinerfs report Statement of financial activities Balancè sheet Notes to the financial statements 9-19
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 5 APRIL 2024 The Trustees present their annual report and financial statemenls for the year ended 5 April 2024. The accounts have been prepared in accordance with the accounting policies set out in note 2 to IIE accounts and comply with the charity's goveming document. the Companies Act 2006 and 'Accounting and Reporting Charities.. Slalemenl of Recommended Practice applicable lo charities preparing their accoun15 in accordance with the Financial Reporting Standard appllcable in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commenung from 1 January 2016) Objectives and activities Our vision 1$ to creale a community where people with learning disabilities are able lo reali5e th8ir full polenlial and are valued for who they are and the contnbulions they make. We strive lo achieve this vision by engaging in as wide a range of activities as possible involving as many clients as are able to participate in them. In addition. we aim to train lacililators and coaches who can help fulfil our vision, If appropriate, oulside our organisalion. Haringey Mencap is a well-established voluntary sector organisation that has been in existence since 1954. During this period. il has successfully provided a range of services lor disabled children and adults resident in Haringey and the surrounding area. The Trustees have paid due regard lo guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and perforn)ance 2023124 was another challenging year for Harlngey Mencap which necessltaled changes In the design and delivery of our services due to ongoing reviews of our risk assessments. Desplte these changes the loyalty and dedication of our staff, our sustainable business model and, by no means least, the enthusiasm of our dients and their willingne5S to adapt to new ways of doing things. all conlributed to another successful year. During the year we were able to maintain regular sports, fitness, arts and crafts activilies. pod(zsts and online activities due to a number of grant5 including funding from the Royal Mencap Society and the Nalion81 Lottery. Additionally. a donation from the 8&Q foundation enabled us to redesign our outslde space into a safe and vibrant garden for our dienls to enjoy. Support from The Levenfiche Foundation enabled our clienls to undertake a visit to Paradise Park and to enjoy days out playing Mini Golf and Bowling. The support received from The Levenfiche Foundation is greatly valued by our dients, staff and volunteers. in previous years we had special arts and crafts projects across the year including those celebrating the coronation of our new King, Valentine's Day, Chinese New Year, Spring, Easter, Eid, Halloween. Diwali and Christmas. In June we took the dienls on holiday to a famihouse in Kent. Our dients all enjoyed the holiday and were able to fom new friendships and undertake some new activities. The holiday was only possible due to Ihe hard work and commitment of Ihe staff team and volunteers. Such was the success ol the holiday lundraising for next year has already begun. Financial review Reserve Poli¢y 11 is the policy of the charity that unstrICted funds which have not been designated for a specific use should be maintained at a level equivalenl lo between three and six month's expenditure, i.e. between £65,000 and £130,000. The Truslees consider that reserves al Ihis level will ensure that, in the event of a significant drop in lunding, they will be able lo continue the charity's current activities while consideration is given lo ways in which additional funds may be raised. At the year end 'free reserves,, i.e. those reserves exduding the restricted and designated reserves stood al £74,730 which is considered reasonable.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Flnancial Review Total incoming resources for the year amounled to £246.180 (2023.. £220,034) and the net deficit suffered for the year amounted to £11,110 (2023.. £2.005). Tolal funds carried forward at 5 April 2024 amounted to £223,548 {2023= £234,658). while cash at bank and in hand stood at £165,900 (2023: £203,223). Restricted funds carried fOard arnounled to £8,818 (2023.. £nil). Last year once again we demonstrated the suslainabilty of our financial model. Clearly the more income we receive the more clients we can help and the more seNices we can provide. What continues to be of prime importance is that we target our limited finances towards enriching the lives of those wrth leaming disabilities in the local community. As ever, thanks to continued cost control from the Chief Executive and staff, OUT expenditure was kept within budget and we continued lo benefit from funds secured in previous years. Our accotsntants (Caton Fry & Co.) have beèn of great assistance during the year loo and we should like lo record our appreciation of their expertise and help. The Trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to the major risks. Plans lor future periods The future of all local services conlinues to be uncertain and we will continue to offer to the Council and potential dienls a high-qualily service providing value for money. For another year we have been led by Angle De Spong as Chlel Executlve who celebrated 20 years in the role in December. In addition, Ihe hard work and dedicalion of our loyal team of staff has been exceptional and enabled us to continue to enhance the quality of our service. Each year we continue to be helped by full-time staff. part-time staff and volunteers, and whoever they are, they share a common commitment to help the lives of those wth leaming disability. As with last year, and every year, Haringey Mencap is a genuine team effort. the product of which is the health, happiness and wellbeing of our clients which is there for all to see. Every year Ihal statemenl is true and on behalf of the Trustees and our Glients we continue to give the staff our grateful thanks. Structure, governance and fflanagefflent Governing document The organi5alion is a charitable company limited by guarantee. as defined by the Companies Act 2006, which was incorporated on 11th January 2007 and registered as a charity in 2008. The company was established under a Memorandum of Association which established the objecls and powers of the charitable company and is govemed by its Articles of Associats'on. In the event of a wlnding up members are required to contribule an amount not exceeding £1. Directorn -The T"rustees-, who-are-also-th'e-directb'rs-for"Ihe purpose of company law, and who served during the year were.. Mr David Smilh Ms Lauren Bushby Mr Mark Heath Mr Richard Taylor
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Recruitment and appoinlment of new trustees Under the requirements of the company's Memorandum and Artides of association the trustees are elected at the Annual General Meeting. Business and Management skills are well represented within the trustee body. The mix of Injstee skills. rf losl due to Teliremenls, are maintained by requirement and resigning trustees choosing to maintain active contad wrth the charity providing valuable skills and experience. Organisational Structur• As with many charities Haringey Mencap is governed by its elected officers and a Board of TSleeS Executive Committee. The Chief Executive has a small team of Managers and Assistants who carry out the day to day operations of the Company. During 2023124 there were 4 meetings of the Trustees and the Annual Gener81 Meeting will take place on 15 October 2024. REFERENCE AND ADMINISTRATIVE DETAILS Chl•f Executlv• Angle De Spong Hon Treasuf•r Lucy Rea Executive Committoe Marie Lee Anne Rea Gary Witham Gareth Jones Gery Willmott MBE Lanre Babalola Joseph Bruce Lindsay Oliver PUBLIC 8ENEFIT STATEMENT The objectives and activities, and achievements and performance sections of this report clearly set out that the activities which the charity undertakes are for the public benefit. The Trustees confirm that they have complied with the duty in section 4 of the charities Act 201110 have due regard to public benefii guidance published by the Commission in determining the activities undertaken by the Charity.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The trustees, report was approved by the Board of Trustees. Mr Richard Taylor Chalr of Tru8tees 27 September 2024
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 5 APRIL 2024 The Trustees. who are also the directors of Haringey Mencap Limited for the purpose of company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally AcLepled Accounting Praclicel. Company Law requires the Trustees lo prepare finanaal statements for each financial year which give a Irtje and fair view of the slate of affairs of the charity and of the incorning resources and application of resources, including the income and expenditure, of the charilable company for that year. In preparing these financial statement5, the Trustees are required to= Select suitable accounting policies and then apply them consistently; obseNe the methods and principles in the Charities SORP., - make judgernents and estimates that are reasonable and prudent., state wheiher applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in ihe financial stalements., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will conlinue in operation. The Trustees are responsible for keeping adequate accounts'ng records that disdose with reasonable accuracy at any lime the financial position of Ihe charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assels ol the charity and hence for laking reasonable steps for the prevention and detection of fraud and other irregularities.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HARINGEY MENCAP LIMITED I report on the financial statements of the charity for the year ended 5 April 2024. whith are set out on pages 7 to 19. ReSpecVe responsibilities of Trustees and examiner The charity's Trustees, who are also the directors of Haringey Mencap Limited for the purposes of company law, are responsible for the preparation of the financial statements. The TTUStees consider that an audit is not required for this year under section 144{2) of the Charilies Act 2011 (the 2011 Act) and that an independent examination is needed. Hovlng satisfied myself that the charity is nol subject to audit under company law and is eligible for independent examination, rt is my responsibility lo.. examine the financial slalemenls under section 145 of the 2011 Act.. (li) to follow Ihe procedures laid di)wn in the general Directions given by the Charity Commission under section 145{5}Ibl of the 2011 Act., and {iii) to state whether particular matters have come lo my attention. 8aGis of indepondent examlner'8 rèport My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the Gharity and a comparison of the financial statements presented with those records. 11 also includes Consideration of any unusLJal items or disdosures in the finanual statements. and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audil and consequenlty no opinion is given as to whether the financial statements present a 'true and fair view, and the report is limited to those matters set out in the next statefflent. Independent •xamlner'8 statement In connection with my examination, no matter has come to my attention.. (al which gNes me reasonable cause lo believe that in any material respect the requirements.. to keep accounting records in accordance with section 386 of the Companies Act 2006., and {ii) to prepare financial statements which accord with the accounts'ng records, comply with the accounting requirements of Section 396 of the Companies Act 2006 and with the methods and principles of the Slalement of Recommended Praclice.. Accounting and Reporting by Charities., have not been mel or (b) to which. in my opinion, attention should be drawn in order to enable a proper underslanding of t financial slatèments to be reached. Jonathan Caton FCA FCCA Institute of Chartered Accounlanls in England & Wales Calon Fry & Co Ltd ered Accountsnts Essex House 74 The Shrubberies George Lane South Woodford London E18 18D Dated: 26 September 2024
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 5 APRIL 2024 Unrestricted Restricted fund8 funds 2024 2024 Total Unrestricted Restrictsd funds funds 2023 2023 Total 2024 2023 Notes Income from". Donations and legacies Charitable activities Investments 9,100 227,108 1,154 9,100 235.926 1.154 2,657 214.854 823 2.657 216,554 823 8,818 1,700 Total income 237.362 8.818 246.180 218.334 1,700 220,034 Expenditure on: Day services Sport5 and leisure services 245,214 245,214 211,944 1,700 213,644 12,076 12,076 8.395 8,395 Total charltabl• expendltur• 257,290 257.290 220,339 1,700 222,039 Total expenditure 257,290 257,290 220.339 1,700 222,039 N•t Sn¢om•l{•xp•ndltur•l and movement in funds (19,928> 8.818 (11.110) 12,005) (2,005> Re¢onclllatlon of funds: Fund balances at 6 April 2023 234,658 234,658 236.663 236,663 Fund balanc•$ at 5 Aprll 2024 214,730 8,818 223,548 234.658 234.658 The statement of finanaal activities indudes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET AS AT 5APRIL 2024 2024 2023 NolwJ Fixed assets Tangible assets Current assets Debtors Cash al bank and in hand 11 24,869 1,453 12 51,678 165,900 39.055 203,222 217,578 242.277 Creditors: amounts falling due withln one year 13 (18,899) (9,072) Nel current assets 198,679 233,205 Total assets less current liabilitles 223.548 234,658 Incom• funds Reslricted fvnds - general 16 8,818 General unrestricted funds Designated funds.. Property purchase reserve fund 74,730 140,000 94,658 140.000 214,730 234,658 223.548 234,658 The company is entitled to the exemption from the audil requirement contained in section 477 of the Companies Act 2006, for the year ended S April 2024. The members have not required th8 company to obtain an audit of its financial slaternen15 for Ihe year in question in accordance with section 476. The directors acknowledge their responsibilities for complying wlth Ihe requirements ol the Companies Act 2006 wilh respect to accounting records and the preparation of financial statemenls. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The accounts were approved by the Trustees on 27 September 2024 Mr Richard Taylor Chair of Trustee$ Company Registralion No. 03710559
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET (CONTINUED) AS AT5APRIL 2024 Critlcal accounting estimates and judgements In the application ol the charity's accounting policies, the Trustees are required to make judgem1$. eslimales and assumptions about the carying amount of assels and liabilities that are not readily apparent from other sources. The eslimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual resulls may differ from these eslimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affect5 lY that period, or in Ihe period of the revision and future periods where the revision affects both current and future periods. A¢¢ountlng polic1•• Charlty Infomiatlon Haringey Mencap Limited is a private company limited by guarantee incorporated in England and Wales. The registered office is The Bell Brewery. 676 High Road, Tottenham, London, N17 OEA. 2.1 Accounting convontlon The accounts have been piepared in accordance wlth the charity's governing document, the Companies Act 2006 and "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Fin'ancial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). (as amended for accounting periods cornmencing from 1 January 2016). The charity is a Public Benefit Enlity as defined by FRS 102. The charlty has taken advantsge of the provisions in the SORP lor charitles applying FRS 102 Update 8ulletin 1 not to prepare a Statement of Cash Flows. The financial statements are prepared In sterllng, which is Ihe functional currency of the charty. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 2.2 Golng concern The Trustees have reviewed the cashflow for the 12 months after the accounts wlll be approved and consider that there are sufficient funds in place lo meet Ihe requirernenls. Thus the Truslees continue to adopt the going concem basig of accounting in preparing the financial statements. 2.3 Charitable funds Unrestricted funds are available for use al the discrelion of the Trustees in lurtherance of their tharilable objeclives. Designated funds are those which the Trustees have decided should be earmarked for a specific purpose. Restricted funds are subject lo specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies (Continued) 2.4 Incoming resour¢es Income is recognised when the charity is legally entitled lo il after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are COgnised once the charity has been notified of the donation, unless perfomiance conditions require deferr81 of the amounl. Income lax re¢overable in relation lo donations received under Gift Aid or deeds of covenant is recognised al the time of the donation. Legacies are recognised on recelpt or otherwise if the charity has been nob'fied of an impending dislribulion, the amount is known, and receipl is expected. If the amounl is not known, the legacy is treated as a contin9enl asset. Where a grant is awarded which relates to seThiices which will be provided partly or fully In subsequenl ffinanual periods. the grant income is apportioned on a pro-rata basis, with income relating to the subsequent financial year is being deferred and carried fOlard to be recognised as income in the subsequent financial year, Subject to meellng the grant term requirements. Govemment Grants are recognised when received or when there is reasonable assurance that the grant conditions will be met and the grants will be received. Expenditure is recognised once there is a legal or conslructive obligation to transfer economic benefit lo third party, it is probable that a transfer of eGonomic benefits will be requlred in settlement, and the amounl of the obligation. can be measured reliably. Expenditure is classlfied by activity. The costs of each activity are made up of the total of direct costs and shared costs. including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated direthly lo that activity. Shared costs which contribute to more than one aclivily and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistenl with the use of resources. Central staff costs are allocated on the basis of ts'me spent, and depreciatlon charges are allocated on the portion of the asset's use. 2.5 Tanglble flxed ass•t• Tangible fixed assets are initially measured at cost and subsequenlly measured at cost or valuation. net of depreci81ion and any impairment losses. Depreciation is recognised so as to write off the cost or valualion of assets less their residual values over their useful lives on the following bases.. Fixtures and fittings Comp_uters Motor vehides 250/4 on reducing balance 330/0-0n_redun9.ba1an¢e-.- 33Vo on reducing balance The gain or loss arising on the disposal of an asset is determined as the differen betsveen the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 2.6 Impairnient of fixed assets At each reporting end date, the charity review5 the carrying amounts of its tangible assels to detennine whether there is any indication that those assets have suffered an impairment loss. If any such indration exists, the cOVerable amount of the asset is eslimated in order to determine the extent of the impairment loss (rf any). 10-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Accounting policies (Continued) 2.7 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call wrth banks. other short-term liquid investments with original mattsrities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 2.8 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Finanaal Instruments, and Section 12 'Other Finanoal Instruments Issues, of FRS 102 to all of its finanual instruments. Financial instruments are recognised in the ¢hariV$ balance Sheet when the charity becomes paty to the conlraclual provlsions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in th& financial slalements, when Ihere is a legally enforceable right lo set off the recognised amounts and there Is an Intention to settle on net basis or to realise Ihe asset and settle the liability simultaneously. 8asic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured al transaction price including transaction costs and are Subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the fijture receipts discounted at 8 market rate of interest. Financial assets dassified as receivable wilhin one year are not amortised. 8aslc flnanclal 11obllitles Basic financial liabilities. including creditors and bank loans are initially recognised at transaction Pri unless the arrangement conslltules a financing Iransaclion, where the debt instrument is measured al ihe psent value of the future payments discounted at a market rate ol interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al arnortised cost, using ihe effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acqulred in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if paymenl is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effedive interest method. Derecognltlon of financial liabilitles Financial liabililles are derècognised when the charity's contractual obligations expire or are discharged or cancelled. 2.9 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Terminalion benefrts are recognised immediately as an expense when the charity is demonstrabty ¢omrnitted to terminale the employment of an employee or to Provide termination benefits. 2.10 Retirement beneflts Payments to defined contribution retirement benefil schemes are charged as an expense as they fall due. Contributions are allocated to unrestricted funds of the charitable activity on which the majority of staff lime is spent.
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Donatlons and legacle8 Unrestricted funds Total 2024 2023 Donations and gifts 9,100 2,657 12-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Charitable activltles 2024 2023 Performance related grants Other income 199.400 36,526 186,884 29,670 235.926 216,554 Analysis by fund Unrestricted funds Restricted funds- general 227.108 8.818 235,926 For the year ended 5 April 2023 Unreslricled funds Restricted funds - general 214,854 1,71)0 216,554 Performan¢• r•lat•d grants London Borough of Haringey National Lottery Community Fund Mencap Greater London Authority Others 191,631 8,818 6.755 184,034 575 1,700 575 1,295 199,400 186,884 13-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Charitable a¢tivities Day Sports and seThlces leisur• 8eNices Total 2024 Total 2023 2024 2024 Staff cosls Travelling & transport Client activity Costs Insurance Telephone Fixtures & fittings Motor vehides Computer equipment 112,901 8,171 8.322 548 1,288 107 10,947 286 112,901 8.171 6,322 548 1,288 115 11,771 308 102,279 12,290 2,180 360 936 154 29 459 824 22 140,570 854 141,424 118,687 Share of support costs (see note 6) Share of governance costs (see note 6) 94,119 10,525 11,222 105,341 10,525 92,723 10,629 245,214 12,076 257.290 222,039 Analysls by fund Unrestrided funds Restricted funds- general 245,214 12,076 257,290 220.339 1.700 For the year ended 5 April 2023 Unrestricted fund5 Restricted funds - general 211,944 1,700 8,395 220.339 1,700 213,644 8,395 222,039 14-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Support costs Support Governance costs costs 2024 2023 8a3is of allocation Rent. rates & water Insurance Light & heal Telephone Postage & stationery Management & admin Clinical waste & cleaning Repair & maintenance Sundry costs 25,500 2.112 6,752 361 585 63.969 1,077 4,682 303 25,500 2,112 6,752 361 585 63,969 1,077 4.682 303 25,500 Use of SoUrceS 1,762 Use of resources 3,979 Use of resources 281 Use of resources 317 Use of resources 58,834 Use of iesources 830 Use of resources 1,220 Use of resources Use of resources Legal and professional Independenl examinevs fees Accountancy fees 1,873 1,873 2,391 Govemance Govemance 2,244 6,408 2,244 6,408 2,136 6,102 Govemance 105.341 10,525 115,866 103,352 Analysed between Charitable activities 105,341 10,525 115,866 103,352 Allocatlon of support and gov•rn•nco ¢08t8 In accordance with SORP IFRS 102) support costs and govemance costs have been allocated lo the charitsble activities to which they relate. Support costs are allocated to the charitable actIv.e5 in the following ratio.. Day services 93Q/o. Sports & leisure services 7% (2023.. Oay Services 93%, Sports & leisure seniices.. 70/0 Govemance costs incurred are allocated to charitable activities in accordance with the Charities SORP and have been fully allocated lo Day Services. Truste•s None of the Trustees (or any persons connected wlh them) received any Temuneration or beneffts from the charity during the year. Trustees, expenses There were no trustees, expenses paid for the year ended 5 April 2023 nor for the year ended 5 April 2022. Employees The average monthly number employees during the year was.. 9 (2023.. 8) 2024 Number 2023 Number Working across all servi5 15-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 Employees Icontlnuedl Employment costs 2024 2023 Wages and salaries Social security costs Other pension costs 111,745 258 898 101.479 800 112.901 102,279 There were no employees whose annual remuneration was more than £60.000. Remuneration of key management personnel The remunerallon of key management personnel is as follows. 2024 2023 Aggregate compensation 52,224 49,272 Net movement in fund9 2024 2023 Net movement in fvnds is slated after chargingl(crediling) Depreciation of owned tangible fixed assets Operating lease charges 12,194 25,500 643 32.111 10 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 16-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 (Continued) 11 Tangible flxed assets Flxturn$ and firtlngs Compuiors Motor v•hl¢lo$ Total Cost Al 6 April 2023 Additions 21.600 7.103 7,290 35.610 35.993 35,610 At SApril 2024 21,600 7.103 42,900 71,603 Depreclatlon and Impalrnient At 6 April 2023 Depreciation Charged in the year 21.139 115 6.170 308 7.231 11,771 34,540 12.194 At 5 April 2024 21.254 6.478 19.002 46,734 Carrylng amount At 5 April 2024 346 625 23.898 24,869 At S April 2023 481 933 59 1,453 12 Debtors 2024 2023 Amounts falling du• wlthSn ono year: Trade debtors Other debtors Prepaymenls and accrued income 38,430 5,750 7,498 28,382 3,750 6,923 51.678 39,055 13 Creditors: amounts falllng due wlthin one year 2024 2023 Other laxalion and social securlty Other creditors ArualS 593 9,099 9,207 654 8,418 18,899 9.072 17-
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 14 Retirement benefit schemes 2024 2023 Delbned contribution 8chemes Charge to profit or loss in respect of defir)ed contribution schemes 898 800 The charity operate5 a defined contribution pension scheme for all qualifyin9 employees. The assets of the scheme are held separalely from those of the charity in an independently administered fund. 1 S Unrestricted funds The trustees believe that it will become necessary for the charity lo purchase it's own premises and have set up a de51gnated fund, the property purchase reserve fund, to hold sufficient funds lo acquire a suitable property as il becomes available. The balance of the fund at the year end is £140,000 held primarily as cash deposits in business savings accounts. At 6 April 2023 Incomlng resources R•sourc•s expended At 5 Aprll 2024 General funds 234,658 237.362 1257,290) 214,730 Pr•vlou8 year: At 6 Aprll 2022 Incomlng resources R••ourc•g expended At 5 Aprll 2023 General funds 236,663 218.334 {220,339) 234,858 16 Regtrlcted funds The income funds of the charity indude restricted funds compnsing the following grants received in the year. For more details of the acts'vities of the grants please refer lo the Trustees Report. Movement in lund$ Incoming Resources Balance at S resources expended April 2024 Balance at 6 April 2023 Community Fund 8,818 8,818 8,818 8,818 18
HARINGEY MENCAP LIMITED (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 5 APRIL 2024 17 Analysls of net assets between funds Unrestricted funds Regtrictsd funds Total Fund balances at 5 April 2024 are represented by.. Tangible assets Current asselsl(liabilitias) 24.869 189.861 24,869 198,679 8,818 214,730 8,818 223,548 18 Op•ratlng lease commltments Lessee Al Ihe reporting end date the charity had oulslanding ¢ommllmenls for fvture minlmum leasè payments under nOnncelIable operating leases. which fall due as follows.. 2024 2023 Wrthin one year Betrween two and fve years 25,500 76,500 32,111 102,000 102,000 134,111 19