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2025-03-31-accounts

Registered office: 260 Stanstead Road, London, SE23 1DD A Charitable Company Limited by Guarantee (No. 3879163): Registered Charity Number 1083258

Report and Financial Statements

For the year ended 31 March 2025

Company Number: 03879163

Registered Charity Number: 1083258

www.stansteadlodge.org

YEAR TO 31 MARCH 2025

INDEX

Cover Sheet Page 1
Index Page 2
Company statutory information Page 3
Report of the Directors Pages 4 - 7
Income & Expenditure Statement Page 8
Balance Sheet Page 9
Statement of Movements on Reserves Page 10
Notes to the Accounts Pages 10 - 14
Independent Examiner’s Report Pages 15 - 17

Page 2 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Company Particulars

Charity Registration Number 1083258 (England & Wales) Company Registration Number 3879163 (England & Wales) Date of incorporation 17[th] November 1999 Registered Office 260 Stanstead Road, Forest Hill, London SE23 1DD Directors Barbara Britton (Secretary) James Anthony Dobson (Chair) Liz Duckworth Stephen Duckworth Damian Griffiths Norma John Alice Johnson Patricia O’Hara Nick Robinson Company Secretary Barbara Britton Bankers Lloyds Bank plc Solicitors Russell-Cooke & Co Independent Examiner Eileen Qin FCCA

Page 3 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Report of the Directors For the year ended 31 March 2025

The Directors present their report and financial statements the year ended 31 March 2025.

Structure, Governance and Management

The Company

The company is limited by guarantee and registered with the Charity Commissioners for England and Wales.

Recruitment and Appointment of Directors

The company is managed by the Board of Directors duly elected or co-opted in accordance with the Articles of Association. All new Directors receive an induction pack and the opportunity to meet staff volunteers, and fellow Directors to learn more about the company’s aims and activities. The Directors in office during the year were as follows:

Barbara Britton (10 Dec 2014) Di Deudney (13 Sept 2017) (Resigned 30/09/2024) James Dobson (29 November 2013) Chair

Liz Duckworth (28 November 2024)

Stephen Duckworth (28 November 2024)

Damian Griffiths (28 November 2024) Norma John (10 Dec 2014) Alice Johnson (19 Nov 2021)

Ivor Mason (10 Dec 2020) (Resigned 13/11/2024)

Barbara Moore (19 Nov 2021) (Resigned 04/11/2024) Valerie Monks (12 Sept 2018) (Resigned 28/11/2024) Patricia O’Hara (28 November 2024) Nick Robinson (13 Sept 2017)

Committees and User Groups

A User and Events group meets monthly to listen to members’ concerns, to recommend or take action where appropriate and to plan for members’ activities and open days. The charity meets its objectives because of the significant participation of our more active members who are encouraged to get involved at any level they feel they can contribute.

Page 4 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Report of the Directors

For the year ended 31 March 2025

Report from the Chair

Our varied activities are all progressing well and we welcomed two new regular activities both on a Thursday. R & B Line dancing from 12:00 until 1:00 and again in the evening draws a lively gathering of mainly ladies who thoroughly enjoy the occasion. Also from 2:00 to 4:00 in the afternoon a northern based national friendly society The Oddfellows meets for refreshments and chats and the occasional special talk. Our popular activities that had waiting lists have been expanded with an additional class for chair yoga on a Monday morning and a new art group on a Friday morning Our main achievements for the year included:

Staff

The Café is run for members’ and the wider community’s benefit. It provides freshly prepared homestyle cooking on the premises with a menu to suit a wide variety of tastes, as well as fresh barista coffee and cakes to die for. For group bookings we would even produce a bespoke menu. Theresa (manager) aided by sisters Paula and Linda (who job share as kitchen assistants) along with the occasional appearance of Scarlett all work very hard to provide a friendly face and warm welcome for all our café customers. Our centre co-ordinator Tina, is in her twelfth year performing a demanding role handling the majority of the member and customer facing matters as well as being our ‘first aider,’ prime event organiser and handling a wide variety of matters. Also Justina our hardworking cleaner has clocked up ten years with us.

Governance and Charitable Objects

The company is a not-for-profit entity whose charitable objects are for the benefit of elderly people resident in the London Borough of Lewisham and surrounding areas. We provide for activities in the interests of social welfare, physical and mental health. Our niche is to facilitate provision to prolong active lives.

The objects and powers of the charitable company are set out in the Memorandum, and it is governed under its Articles of Association. Under those Articles, the Directors have control of the Charity, its property and funds. There must be at least five and not more than twelve Directors, who are elected by members at the AGM. Directors are appointed for a three year term, but are eligible for re-election alongside any other applicants.

The Future

After the successful refurbishment of what is now known as the Skilbeck Ceremony Suite the Lewisham conservation officer said that for any future development we would have to submit outline plans for a complete vision. We have been desperate to upgrade our toilet facilities for years and know what we want to do but it needs to be incorporated into a final vision. To that end we are in the process of seeking funding for a feasibility study to engage architects, structural engineers and planning specialists to develop plans and documents for planning permission and funding bids to bring the building up to the standards expected of a grand house, but in a modern accessible and sustainable way.

Page 5 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Financial Review

The attached financial statements show the company’s finances for the period ended 31 March 2025. During the year, our income was £147,011 (2024 £141,584) with net expenditure of £142,856 (2024 of £132,176) resulting in a surplus of £4,155 (2024 £9,408).

Reserves Policy

At 31 March 2025 the total net assets of the charity were £1,190,590 (2023 £1,178,935). The Directors have examined the charity’s requirements for reserves in light of the main risks to the organisation. The policy is to accumulate over time a liquid reserve sufficient to provide for core activities for some six months in the event of a significant drop in funding the current estimate is for £60,000. In addition owing to the Grade II listing of our major asset (the building) we need to accumulate a significant reserve to fund major building repairs and maintenance the current estimate is for £250,000. If at the conclusion of any project the objectives of a grant have been largely met we will seek to transfer any unused restricted funds to our Maintenance Reserve Fund, especially where we have been able to make economies without compromising delivery.

Investment Policy

Available funds are held in the charity’s bank account to enable it to meet its operational obligations as they fall due. Funds remitted to the company for payment of future liabilities will be held on deposit until they fall due. The Directors will consider the investment of surplus funds in short term deposits in order to make best use of resources and generate investment income. In addition to our operational deposit account we have opened another deposit account initially for our building fund. This has been funded by open days and Quiz revenues. During the year we further reduced our mortgage by £987.83 in capital repayments.

Risk Assessment

The Directors conduct regular meetings to review the major risks to which the company is exposed. The key risk to the continuing and orderly provision of our services arises from the fact that a significant portion of the charity’s funding comes from the local authority which is cutting grants drastically. To minimise this risk the charity continues to seek to diversify its sources of funding and will seek to meet our reserves recommendations.

The charity has plans to develop the building in order to provide additional revenue streams and to increase financial sustainability. The biggest risk to this revenue is the ongoing maintenance of the building, which is being mitigated through the creation of a Maintenance Reserve Fund.

Page 6 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Directors’ responsibilities

Company law requires the Directors to prepare accounts for each financial period which give a true and fair view of the state of affairs of the company showing the income and expenditure of the company for that period. In preparing those accounts the Directors are required to:

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

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (issued in March 2005) and in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The Trustees have complied with their duty in section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

Small Company Exemptions

The Report of the Directors has been prepared in accordance with the small companies’ regime of the Companies Act 2006 and was approved by the directors on 18 December 2025 .

James A Dobson Operations Director and Chair of Trustees

Page 7 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Statement of Income and Expenditure for 1 April 2024 to 31 March 2025

Apr '24 - Mar 25 Apr '23 - Mar 24
Income
Voluntary Income 30,535 35,460
Activities for Generating Funds 55,368 48,711
Rent & Hiring 59,921 56,234
Investment Income 1,186 1,180
Total Income 147,011 141,584
Gross Profit 147,011 141,584
Expense
Cost of Generating Funds 81,916 74,788
Cost of Charitable Activities 60,940 57,165
Governance Costs 0 224
Total Expenditure 142,856 132,176
Net Income / Expenditure for the year 4,155 9,408

Page 8 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Balance Sheet at 31 March 2025

31 Mar 25 31 Mar 24
ASSETS
Fixed Assets
Fixed Assets 1,140,525 1,140,525
Depreciation & Amortisation -16,826 -15,195
Total Fixed Assets 1,123,699 1,125,331
Current Assets
Accounts Receivable
Accounts Receivable 25,465 6,076
Total Accounts Receivable 25,465 6,076
Cash at bank and in hand
Cash at Bank 63,563 69,199
Cash in Hand 1,118 2,038
Total Cash at bank and in hand 64,680 71,238
Total Current Assets 90,146 77,314
Current Liabilities
Accounts Payable
Accounts Payable 1,949 674
Total Accounts Payable 1,949 674
Other Current Liabilities
Current Capital Repayments 1,080 1,000
Other Current Liabilities 5,881 6,623
Total Other Current Liabilities 6,961 7,623
Total Current Liabilities 8,910 8,297
NET CURRENT ASSETS 81,236 69,017
TOTAL ASSETS LESS CURRENT LIABILITIES 1,204,935 1,194,348
Long Term Liabilities
Mortgages 14,345 15,413
Total Long Term Liabilities 14,345 15,413
NET ASSETS 1,190,590 1,178,935
Capital and Reserves
Revaluation Reserve Account 337,586 337,586
Restricted Funds 9,775 9,775
Unrestricted Net Assets 120,028 103,120
Unrestricted Funds 719,045 719,045
Excess Income for the Year 4,155 9,408
Total Value of Charity 1,190,590 1,178,935

Page 9 of 17

Company Number: 03879163

Registered Charity Number: 1083258

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

14 Statement of Movements on Reserves

Land & Charitable
Building
s
Activities
Unrestricted
& Restricted
Total Total
2025 2025 2025 2024
£ £
1,178,93 1,169,52
Balance at 1 April 2024 1,114,660 54,500 5 7
Structural Additions at cost 0 0
Grants not used in the year 0 0
Surplus/(Deficit) for the year 4,155 4,155 9,408
Transfer between reserves 7,500 7,500 0
Adjusted surplus/(Deficit) P/Y adj 0 0
Balance at 31 March 2025 1,114,660 66,155 1,190,590 1,178,935
1,190,590

The note above is to demonstrate a clear position by separating the property asset from the charitable activities.

1. Accounting Policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and in preceding years.

(a) Basis of accounting

The financial statements have been prepared under the historical cost convention and in accordance with the Companies Act 2006 and the Statement of Recommended Practice: Accounting and Reporting by Charities issued in March 2005, and in accordance with the Financial Reporting Standard for Smaller entities (effective April 2008).

(b) Fund accounting

(c) Incoming resources

All incoming resources are included in Statement of Financial Activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

Page 10 of 17

Company Number: 03879163

Registered Charity Number: 1083258

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

(d) Resources expended

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates:

(e) Tangible fixed assets

Depreciation is provided using the following rates and bases to reduce by annual instalments the costs of maintenance, less estimated residual value, of the tangible assets over their estimated useful lives:-

Grade II listed Freehold Building 180+ years old – no longer depreciated

Fixtures, fittings and equipment – costing over £1,000 straight line over the useful life of the asset unless otherwise stated 10% straight line depreciation.

Office Equipment 25% straight line depreciation

These notes form part of the financial statements

2 Net Charitable Income For The Year

Unrestricted Restricted Total Total
Funds Funds Funds Funds
2025 2025 2025 2024
Unrestricted Funding £ £ £ £
Covid Rates Relief 0 0 0
Furlough Receipts 0 0 -1,065
Lewisham Main Grant 25,000 25,000 26,000
Lewisham NCIL Grant 0 0 0
Donations 5,535 5,535 10,525
VMG - Psigma 0 0 0
30,535 0 30,535 35,460

Page 11 of 17

Company Number: 03879163

Registered Charity Number: 1083258

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

3 Staff Costs and
Numbers 2025 2024 2023 2022 2021
Net Salaries SLSC 23,494 25,616 20,190 18,234 15713
HMRC Inc (£1,468.08) Employers NI 7,061 3,550 1,418 1,140 1099
Net Salaries Café staff 43,452 40,584 36,212 35,875 18252
HMRC inc (£2,225.45) Employers NI 3,737 7,449 4,934 1,021 0
Pension Contributions 1,090 874 1,008 522 473
Total costs 78,833 78,073 63,762 56,791 35,538
No. of Employees 7 7 7 6 6

No employee received emoluments exceeding £60,000 in the year

4 Depreciation & Amortisation
Unrestricted
Funds
Restricted
Funds
Total
Funds
Total
Funds
2025 2025 2025 2024
£ £ £ £
Amortisation of owned property
0
0 0 0
Fixtures and Fittings
1,631
1,631 1,631
Depreciation on Equipment
0
0 0
1,631 0 1,631 1,631
5 Directors Remuneration and Related Party Transactions
No Director received any expenses exceeding HMRC guidelines during the year. No Director received any expenses exceeding HMRC guidelines during the year.
One Director received fees through the payroll for services: £1,428 £3,066
Scarlett Dobson (Daughter of James) Staff relief cover £4,713 £3,962
No other Director or relative connected to the charity had any personal interest in any contract or No other Director or relative connected to the charity had any personal interest in any contract or
transaction entered into by the charity during the year

6 Taxation

The company is a registered charity exempt from Corporation Tax.

Page 12 of 17

Company Number: 03879163

Registered Charity Number: 1083258

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

7 Tangible Fixed Assets

Freehold land in not normally depreciated and in order make our reports easier to understand we have discontinued an earlier practice of depreciating the building. We currently maintain the last valuation and add any constructed additions at cost. Equpment and Fixtures and Fittings will be depreciated in a straight line over their expected useful life.

F'hold
Land
Building Equip-
ment
Fixtures &
Fittings
Total
At cost or valuation £ £ £ £ £
At 1 April 2024 366,667 747,993 9,553 16,312 1,140,525
Additions 0 0
Revaluation 0 0
At 31 March 2025 366,667 747,993 9,553 16,312 1,140,525
Depreciation & Amortization
At 1 April 2024 9,553 5,641 15,194
Revaluation 0
Charge for the year 0 1,631 1,631
At 31 March 2025 0 0 9,553 7,272 16,825
Net book value on 31 March 2025 366,667 747,993 0 9,040 1,123,700
Net book value on 31 March 2024 366,667 747,993 0 10,671 1,125,331

8 Loans

The mortgage is secured by fixed charges over the freehold property.

9 Other Current Liabilities 2025 2024 2023 2022 2021
Director's loan 0 0 0 0 0
Advance receipts 0 7,500 7,500 7,500 7,500
Members' accounts (331) 703 0 319 319
Accruals 0 (5,181) 549 2,729 3,517
Customer deposits 0 0 0 0 0
Hosting & Security 6,212 3,601 3,210 0 0
5,881 6,623 11,259 10,548 11,336

10 Capital Commitments

There are no capital commitments at present but the liability to maintain the building is ever present - the list of works we would like to do is circa £600k

Page 13 of 17

Company Number: 03879163

Registered Charity Number: 1083258

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

11 Contingent Liabilities

There is a contingent liability to repay part of the Heritage Lottery grant if the freehold property is sold within 20 years of receipt of the grant. The grant totalled £595,998 and was received in tranches between 2006 and 2010.

12 Share Capital

Stanstead Lodge Senior Club Ltd., is a company limited by guarantee with charitable status and therefore has no share capital

Under the Company's Articles of Association, each Director undertakes to

contribute to the assets of the Company in the event of it being wound up while they are a member, or within one year after they cease to be a member, such amount as may be required not exceeding £1.

13 Ultimate Controlling Parties

The Directors share the ultimate control of the Company.

These accounts have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies’ regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). These financial statements were approved by the Board of Directors on 18 November 2025 and were signed on its behalf by:

James A Dobson Director & Chair of Trustees

Page 14 of 17

Company Number: 03879163

Registered Charity Number: 1083258

1. Independent examiner's report on the accounts

Section A Independent Examiner’s Report

2. Report to the trustees/ Charity Name members of Stanstead Lodge Senior Club Ltd. On accounts for the year 31 March 2025 Charity 1083258 ended no (if any) Set out on pages 4 to 13 )

Respective The charity's trustees are responsible for the preparation of the accounts. The responsibilities of charity’s trustees consider that an audit is not required for this year under trustees and examiner section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

Page 15 of 17

Company Number: 03879163

Registered Charity Number: 1083258

Independent examiner's statement

In connection with my examination, no matter has come to my attention (*)

  1. which gives me reasonable cause to believe that in, any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

  4. have not been met; or

  5. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

  6. Please delete the words in the brackets if they do not apply.

1.
Signed: Date: 19/01/2026
Name: Felix Nelson
Relevant professional MSc Business with Financial Management
qualification(s) or body
(if any):
BSc Financial Management Technology
Address: Flat 2, Ogilby Street, Francis Street, Woolwich SE18 EJ

Date: 19/01/2026

Page 16 of 17

Company Number: 03879163

Registered Charity Number: 1083258

1.

Section B Disclosure

Only complete if the examiner needs to highlight material problems.

Give here brief details of any items that the examiner wishes to disclose .

Page 17 of 17

Company Number: 03879163

Registered Charity Number: 1083258