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2024-03-31-accounts

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE) CHARITY NUMBER: 1087256 COMPANY NUMBER: 04108124

HEATHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

Page
Company Information 3
Report of the Trustees 4-9
Report of the Independent Examiner 10
Statement of Financial Activities 11
Balance Sheet 12
Statement of Cash Flows 13
Notes to the Financial Statements 14-24

Page 2

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024

Reference and Administrative Information

Charity Name:

Governing Document:

Healthy Living Projects Limited

Memorandum and Articles of Association dated 15[th] November 2000, amended 21[st] May 2001 & 2[nd] June 2015

Charity registration number: 1087256 (England and Wales) Company registration number 04108124 (England and Wales) Registered Office and Operational address: 322 High Road, Ilford, Essex, IG1 1QP

Trustees

Mr Barry Richardson (Secretary) (Resigned 23[rd] November 2023)

Mr Mark Andrews (Treasurer) (Resigned as Chair on 1[st] August 2023)

Rev Andrew Willis (Chair) (Elected on 1[st] August 2023)

Mr Simon Standen

Mr Romord Lindsay

Miss Debbie Forde

Mrs Barbara Macaulay

Ms Angela Patricia Eversley (Appointed: 23[rd] November 2023)

Mrs Susanne Daswani (Appointed: 23[rd] November 2023)

Secretary

Mr Barry Richardson (Resigned 23[rd] November 2023)

Key Management Personnel

Mr Philip Herbert (Projects Director)

Miss Patricia Forde (Children’s Services Manager) (Made redundant 17[th] December 2023)

Mrs Sonia Lynch (Welcome Centre Manager)

Independent Examiner

Lisa Darby FCA, Stewardship, 1 Lamb’s Passage, London, EC1Y 8AB

Bankers

CAF Bank Limited, PO Box 289, Kings Hill, West Malling, Kent ME19 4TA

Page 3

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024

The directors, who are the charity’s trustees for the purposes of charity law, have pleasure in submitting the Report and Accounts for the year ended 31st March 2024.

Volunteers

Volunteer activity has again been a crucial part of the work of Healthy Living Projects (HLP) and the trustees acknowledge grateful thanks to all who have given of their time in a wide range of ways. Two volunteers in Language Link have delivered English Language Classes in person, each giving up four hours a week. The Young at Heart programme was led by two volunteers each contributing three hours on a weekly basis to run activities for the elderly and keep in touch by phone. The Welcome Project has benefitted from volunteers who have helped in a number of ways including catering, reception duties, administration, processing donations of food and clothing, overseeing the shower and laundry facilities and running various life skills classes. From 1 April 2023 to 31 March 2024 there were 1,734 volunteer hours worked compared to 997 in 2022-23, which is up by 74% on the previous year.

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 15th November 2000 and registered as a charity on 29th June 2001. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up each member may be required to contribute an amount not exceeding £10.

Recruitment and Appointment of Trustees

The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association the trustees are elected at the Annual General Meeting.

The charity works within a diverse community; the trustees are keen that this diversity is reflected within the trustee body. Through networking the charity is seeking to identify those who have relevant knowledge and are willing to share their experience by being actively involved in the charity as a trustee.

Business and management skills are well represented within the trustee body. The mix of trustee skills, if lost due to retirements, is maintained by recruitment.

Trustee Induction and Training

Trustees are familiar with the work of the charity as they are provided with regular reports from the charity’s management team. Potential trustees undertake an Induction Process and are informed of the following:

Page 4

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024

Risk Management

The trustees are keen to limit the internal and external risks to which the charity is exposed and are continually investigating means of providing further support to the charity’s principal activities.

Risks to funding have been mitigated by the development of agreements with organisations experienced in recognising and generating new streams of funding and the establishment of new initiatives in order to diversify income streams. Internal control risks are minimised by the implementation of Financial Control Procedures for the authorisation of all transactions and projects. Policies and Procedures are in place to ensure compliance with the health and safety of staff, volunteers, clients and visitors to the various projects. Employees have gained qualifications in Management, Safer Recruitment, Childcare, Health & Safety, First Aid and Food Hygiene. The charity maintains effective Insurance Policies covering Public Liability, Employers Liability, Professional Indemnity and Contents insurance.

Organisational Structure

Healthy Living Projects has a board of trustees consisting of 8 members who meet at least quarterly, and are responsible for the strategic direction and policy of the charity. Members are from a variety of professional backgrounds that add value to the work of the charity.

A scheme of delegation is in place and day-to-day responsibility for the provision of the services rests with the Projects Director. The Director is responsible for ensuring the charity delivers the services specified and that key performance indicators are met. Project Co-ordinators/ Managers have day-today responsibility for the operation and supervision of their teams, whilst ensuring the continued development of team skills and working practices.

Pay policy for key management personnel

Staff salaries are aligned with the pay structure set out in the NJC Pay scales and NICVA job descriptions. HLP will always pay within National Minimum Wage requirements currently in force.

Related Parties

The charity has a relationship with Ilford High Road Baptist Church in so far as having use of the church premises (including the Welcome Centre) for which the charity pays rent.

Public Benefit

When reviewing the charity’s aims and objectives and in planning the activities, the trustees have had regard to the guidance on public benefit issued by the Charity Commission. In particular, the Trustees consider how planned activities will contribute to the aims and objectives they have set.

Objectives and Activities

The company’s objectives and principal activity is the relief of poverty, the provision of education and the provision of recreation in the interest of social welfare, within the London Borough of Redbridge. The main activities planned for the year were:

Page 5

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024

Achievements and Performance

COVID-19

Staff and volunteers have continued to be mindful of government policies and guidance on health and hygiene issues regarding Covid-19.

Welcome Project

The Welcome Project offers a support service providing help to those who are homeless or refugees and those seeking asylum within the London Borough of Redbridge and surrounding areas. The project operates from the Welcome Centre; these facilities include two training rooms, an I.T. suite, Interview rooms, a nurse’s room, showers and a laundry.

The Project continued to see an increase in numbers of homeless women and men who have attended the Day Centre

The project continued to provide hot meals and food parcels to people who have been placed in hostels or temporary accommodation. Support workers have continued to give Information, Advice and Guidance on issues relating to homelessness. The economic climate has continued to be challenging, but the charity is pleased to report that a number of grants and Local Authority contracts has enabled it to deliver vital services. During the year, staff and volunteers attended training courses in Mental Health, Suicide Awareness and Supporting Women Experiencing Homelessness. They have also attended the Redbridge Homelessness Forum, Case Review and Redbridge Strategic Board meetings.

Language Link

English Language classes continued throughout the year, still with some Covid-19 related precautions in place to protect volunteers and students. The aim of the classes is to teach practical English and to build up the confidence and self-esteem of the students. Classes are offered at different levels and whilst numbers have fluctuated, the average daily attendance is approximately 12 ladies.

Pre-School

Childcare and education has been provided for up to 23 children, although numbers have been as low as 11, causing some anxiety around continuous employment for staff. This year the Pre-school has struggled to maintain a viable level of suitably qualified staff. This has been exacerbated by long-term sickness absence, resignations and maternity leave and difficulty in recruiting suitable qualified replacements resulting in the use of agency workers. Following an unsatisfactory OFSTED inspection, the Trustees took the strategic decision to suspend its registration with OFSTED and close the setting on 16[th] November 2023 until such time as it is able to meet the standards required for a quality childcare setting.

Page 6

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024

Young Inspirations

The Pandemic and Cost of Living Crisis has continued to impact on the number of children attending our Breakfast and After School clubs as many parents now work from home or blended hours and therefore have little or no need for our services. With the average daily attendance dropping below 10, the club has become financially unsustainable. The trustees have had this situation under continual review for over a year and reluctantly reached the decision to close the service from 17[th] November 2023 until such time as there may be an upturn in demand for out of school care.

Young at Heart

Our Young at Heart group have met regularly on Monday afternoons and provided support to its members to help overcome loneliness. Members sit and chat whilst they enjoy tea, coffee and cakes; they play games; and sometimes enjoy the visit of speakers from outside organisations. The project leader felt unable to continue beyond 31[st] July 2023 but organised one final activity to celebrate Christmas. With no obvious successor, the club has remained dormant since the beginning of 2024. Members have been referred to other similar activities in the locality including the church run Knitting Club.

Financial Review

The Charity is reporting a surplus for the year 2023-24 of £193,523, compared to a loss of £32,245 in 2022-23. Reserves carried forward amount to £254,088 (£60,565 in 2022-23), £105,907 of which relates to restricted funds and £148,181 unrestricted funds.

For the year 2023-24 we received a total income of £580,890, compared to £468,481 in 2022-23. The main sources of income was grants and donations received for Welcome Project. This year Welcome Project received £404,027 compared to £350,468 2022-23. In addition, an unexpected legacy of £103,250 was received from the estate of Jean Margaret Gladstone. Income for Young Inspirations Out of School Club decreased to £23,517 compared to £57,609. Income for Pre-school decreased again this year to £44,915 compared to £58,969 in 2022-23 due to lower numbers of children in attendance and the subsequent closure of Young Inspirations and the Pre-school provision in November 2023.

Total Expenditure for the year has decreased to £387,367 compared to £500,726 in 2022-23. The charity has been keen to make savings wherever possible whilst recognising that salaries and activities costs linked to specific grants inevitably lead to a rise in expenditure for the duration of the grant.

Principal Funding Sources

Aside from fees generated from Young Inspirations and Pre-school, the principal sources of funding were from contracts with the London Borough of Redbridge and grants from Garfield Weston Foundation, The Tudor Trust, Rough Sleeper Intervention Program and the ongoing commitment from London Borough of Redbridge Housing Service. Felton Fundraising & Appeals continue to identify opportunities for a wider range of funding for the future. The individual donor scheme has 31 donors whose contributions totalled £11,464 (£10,168 2022-23) (with Gift Aid). The charity has an annual fundraising event in the form of a Sponsored Walk, it raised £2,500 in 2023 and has targeted £5,000 in 2024.

These funds combined are sufficient to cover the salaries of Managers, Support Workers and Administrators who provide services to our clients as well as providing resources that cover activities and general running cost.

Page 7

HEALTHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE)

COMPANY INFORMATION FOR THE YEAR ENDED 31ST MARCH 2024

Investment Policy

The trustees have considered the most appropriate policy for investing funds and have found that bank deposit accounts meet the charity’s requirements.

Reserves Policy

The trustees have examined the charity’s requirements for reserves in light of the main risks to the organisation. They have established a policy whereby unrestricted funds are required to:

The level of reserves will be monitored and reviewed by the trustees on a quarterly basis.

Plans for Future Periods

The charity is keen to maximise the opportunities afforded by the Welcome Centre facilities. Building on the achievements so far, the project plans to help more people to find fulfilment and independence through further training or employment.

In order to increase our revenues streams, the charity is keen to raise its profile through social media and other conventional means. To this end we will continue to develop our Website and social media platforms. We intend to build on relationships forged with local businesses such as Waitrose, Asda, Sainsbury’s, Tesco, Lidl, Greggs, KFC, Big Yellow Storage and Nando’s.

Responsibilities of the directors under company law

The directors are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and UK Accounting Standards (UK Generally Accepted Accounting Practice).

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at Balance Sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing these financial statements, the directors are required to:

  1. select suitable accounting policies and then apply them consistently;

  2. observe the methods and principles in the Charities SORP;

  3. make judgements and estimates that are reasonable and prudent;

  4. state whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

  5. prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation.

Page 8

HEATHY LIVING PROJECTS LIMITED (COMPANY LIMITED BY GUARANTEE) CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

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

This report, which has been prepared in accordance with the provisions of the Companies Act 2006 relating to small companies, was approved by the trustees and signed on their behalf by:

Andrew Willis

Andrew Willis

Chair

13[th] November 2024

Approved by the trustees on _____

Page 9

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HEALTHY LIVING PROJECTS LIMITED

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024 on pages 11 to 24 following, which have been prepared on the basis of the accounting policies set out on pages 14-15.

Responsibilities and basis of report

As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (“the 2011 Act). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a “true and fair” view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Lisa Darby

Lisa Darby FCA Institute of Chartered Accountants of England and Wales

Stewardship 1 Lamb’s Passage London EC1Y 8AB Date : 18[th] November 2024

Page 10

HEALTHY LIVING PROJECTS LIMITED

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2024

Summary Income and Expenditure Account

Note
INCOME AND ENDOWMENTS FROM
Donations and legacies
3a
Donated goods
3a
Investments
Charitable activities
3b
Other income and endowments
Total income and endowments
EXPENDITURE ON
Charitable activities
4a-c
Raising funds
4d
Total expenditure
Net income/(expenditure)
Transfers between funds
12
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Total
Total
Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
138,582
280
138,862
66,303
-
38,347
38,347
39,425
4,366
-
4,366
892
57,364
338,791
396,155
356,410
3,160
-
3,160
5,451
203,472
377,418
580,890
468,481
81,199
295,201
376,400
490,618
10,967
-
10,967
10,108
92,166
295,201
387,367
500,726
111,306
82,217
193,523
(32,245)
927
(927)
-
-
112,233
81,290
193,523
(32,245)
112,233
81,290
193,523
(32,245)
35,948
24,617
60,565
92,810
148,181
105,907
254,088
60,565

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure are derived from continuing operations. Donations and Legacies include £103,250 from the legacy left in the will of Jean Margaret Gladstone.

The statement of financial activities also complies with the requirements for an income and expenditure account required by the Companies Act 2006.

The notes on page 14-24 form part of these accounts.

Page 11

HEALTHY LIVING PROJECTS LIMITED BALANCE SHEET

FOR THE YEAR ENDED 31 MARCH 2024

Note
FIXED ASSETS
Tangible assets
7
CURRENT ASSETS
Stock
8
Debtors
9
Cash at bank
10
CURRENT LIABILITIES
Liabilities falling due within one year
11
Net Current Assets
NET ASSETS
FUND BALANCES
Unrestricted funds
General Funds
12
Restricted Funds
12		 Unrestricted Restricted
Total
funds
Total
funds
Funds
Funds
2024
2023
£
£
£
£
5,064
-
5,064
8,828
5,064
-
5,064
8,828
-
3,619
3,619
6,478
12,252
7,497
19,749
5,421
135,936
148,927
284,862
82,638
148,188
160,042
308,230
94,537
5,071
54,136
59,206
42,800
143,117
105,907
249,024
51,737
148,181
105,907
254,088
60,565
148,181
-
148,181
35,948
-
105,907
105,907
24,617
148,181
105,907
254,088
60,565

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year end 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006 however, in accordance with Section 145 of the Charities Act 2011, the accounts have been examined by an independent examiner and their report has been included in these financial statements.

The directors (who are the charitable company's trustees for the purposes of charity law) acknowledge their responsibilities for:

The financial statements have been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13[th] November 2024 and were signed on its behalf by:

Andrew Willis

Andrew Willis - Chair

Company number: 04108124

Charity number: 1087256

The notes on page 14-24 form part of these accounts.

Page 12

HEALTHY LIVING PROJECTS LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024

Total
Prior year
funds
funds		 Note
£
£
Cash flows from operating activities:
Net cash provided by (used in) operating activities 204,952
(13,160)		 a
Cash flows from investing activities:
Dividends, interest and rents from investments -
-
Proceeds from the sale of property, plant and equipment -
-
Purchase of property, plant and equipment (2,727)
-
Proceeds from sale of investments -
-
Purchase of investments - -
Net cash provided by (used in) investing activities (2,727)
-
Cash flows from financing activities:
Repayments of borrowing -
-
Cash inflows from new borrowing -
-
Receipt of endowment - -
Net cash provided by (used in) financing activities - -
Change in cash and cash equivalents in the reporting
period 202,225
(13,160)
Cash and cash equivalents at the beginning of the
reporting period 82,638
95,798		 b
Change in cash and cash equivalents due to exchange
rate movements - -
Cash and cash equivalents at the end of the reporting
period 284,863 82,638 b
Note a: Reconciliation of net income/(expenditure) to net cash flow from operating activities
Current year
Prior year
£
£
Net income/(expenditure) for the reporting period (as per
the statement of financial activities) 193,523
(32,245)
Adjustments for:
Depreciation charges 6,491
4,315
(Gains)/losses on investments -
-
Dividends, interest and rents from investments -
-
Loss/(profit) on the sale of fixed assets -
-
(Increase)/decrease in stocks 2,860
(656)
(Increase)/decrease in debtors (14,328)
39,541
Increase/(decrease) in creditors 16,406
(24,115)
Net cash provided by (used in) operating activities 204,952
(13,160)
Note b: Analysis of cash and cash equivalents
Current year
Prior year
£
£
Cash in hand 284,863
82,638
Notice deposits (less than 3 months) -
-
Overdraft facility repayable on demand - -
Total cash and cash equivalents 284,863 82,638

Page 13

HEALTHY LIVING PROJECTS LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2024

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention [as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities].

These financial statements have been prepared in accordance with the "Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102"), with the Companies Act 2006 and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The principles adopted in the preparation of the financial statements are set out below.

The trustees (who are the charitable company's directors for the purposes of company law) have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the trustees have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements. In making this assessment the trustees have considered all reasonable risks and have concluded that there is no material impact. b) Income:

Income including investment income is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part, income is generally recognised when it is received. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year-end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.

Page 14

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from donations and grants received during the year.

Investment income represents income generated by the charity's assets and includes income from bank interest.

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Fixture & Fittings Over 5 years
Plant and Machinery Over 5 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

Stocks of donated items held for distribution to beneficiaries are measured at fair value; stocks of goods donated for the charity's own use are valued at an estimate of their value to the charity.

g) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to the scheme are recognised as an expense when the liability arises.

h) Taxation

The company is a registered charity; it has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year-end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account and cash on deposit that has a notice period of less than 30 days.

Page 15

3a
3b		 Voluntary income
The Estate of Jean Margaret Gladstone
The Souter Charitable Trust
The Leigh Trust
The Alchemy Foundation
The Eva Reckitt Trust
The Marsh Christian Trust
St Martin In The Field
Donations from individuals (including Gift
Aid)
Other donations
29th May 1961 Charitable Trust
Fowler Smith & Jones Trust
Gateway Community Church
Giving Force Foundation
The Charis Trust
The Garfield Weston Foundation
Donated goods
Food
Clothing
Services
Other
Income from charitable
activities
Welcome Project
LB of Redbridge - Housing
LBR Floating Support
LBR Health Navigator
LBR - Rough Sleepers Intervention
LBR Household Support
Community Organisations Cost of Living
Grant
The Garfield Weston Foundation
NHS NE London ICB
The Tudor Trust
The Edward Gostling Foundation
London Catalyst (Samaritan Fund)
LBR Food Bank
Lloyds Bank Foundation
The Fyrish Foundation		 Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
103,250
-
103.250
-
3,000
-
3,000
4,000
2,000
-
2,000
1,500
1,000
-
1,000
-
1,000
-
1,000
-
850
-
850
750
-
279
279
331
11,464
-
11,464
10,168
16,019
-
16,019
8,397
-
-
-
5,000
-
-
-
2,000
-
-
-
1,057
-
-
-
1,600
-
-
-
1,500
-
-
-
30,000
138,583
279 138,862
66,303
138,583
279 138,862
66,303
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
-
21,084
21,084
21,171
-
1,971
1,971
2,400
-
12,020
12,020
12,020
-
3,273
3,273
3,834
-
38,347
38,347
39,425
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
-
70,000
70,000
70,000
-
53,154
53,154
42,523
-
42,000
42,000
39,969
-
12,500
12,500
13,705
-
11,120
11,120
12,870
-
67,454
67,454
-
-
35,000
35,000
-
-
43,048
43,048
-
-
14,000
14,000
48,000
-
10,000
10,000
10,000
-
2,000
2,000
-
-
-
-
11,120
-
-
-
4,026
-
-
-
10,000

Page 16

Young Inspirations

Fees
23,017
-
23,017
57,609
23,017
-
23,017
57,609
Pre-school
Fees - LB of Redbridge
27,807
-
27,807
38,618
Fees - LB of Redbridge SEN
-
10,670
10,670
11,441
Fees - other
6,128
-
6,128
4,410
Education & Skills Funding Agency
-
-
-
4,500
33,935
10,670
44,605
58,969
Language Link
Fees
412
-
412
249
Welcome Project: Closing balances of deferred income
NHS NE London ICB
-
(21,524)
(21,524)
-
LBR Floating Support
-
(10,631)
(10,631)
(10,631)
The Tudor Trust
-
-
-(12,000)
-
(32,155)
(32,155)
(22,631)
57,364
338,791396,155
356,410		 23,017
-
23,017
57,609
23,017
-
23,017
57,609
27,807
-
27,807
38,618
-
10,670
10,670
11,441
6,128
-
6,128
4,410
-
-
-
4,500
33,935
10,670
44,605
58,969

NHS NE London ICB
LBR Floating Support
The Tudor Trust
-
(32,155)
(32,155)
(22,631)
57,364
338,791396,155
356,410

4 Analysis of expenditure

2024 2023
£ £
Charitable Activities
a Direct Costs
Wages and Salaries 225,974 324,888
Employer's NI
Contributions		 11,010 18,560
Staff Pension Costs 5,808 8,026
Sessional Staff 120 -
Travel expenses 726 1,010
Volunteer Expenses 1,123 571
Activities and Trips 2,158 5,953
Catering Food 12,331 22,969
Rent Rates and Storage 18,627 24,069
Utilities 12,345 7,838
Repairs and Maintenance 10,382 10,344
Premises Cleaning 2,764 3,210
Insurance 3,079 2,179
Subscription 2,080 1,829
Telephone and Internet 4,399 4,287
Printing, Postage and
Stationery		 640 1,046
Consultancy and
Professional Fees		 1,112 1,202
Database and IT 1,416 1,937
General Expenses 2,104 3,094
Training 1,120 901
Recruitment 4,082 -
Equipment and Materials 276 1,478

Page 17

Donations Distributed
(Note 4e)
b
Support costs
Wages and Salaries
Telephone and Internet
Printing, Postage and
Stationery
Consultancy and
Professional Fees
Subscription
General Expenses
Depreciation
c
Governance
Independent Examiner's
Fees
d
Fundraising Costs		 40,439
38,318
364,113
483,711
1,845
-
458
-
157
-
512
-
35
-
87
72
6,491
4,315
9,587
4,387
2,700
2,520
10,967
10,108
387,367
500,726

The return on investment for the costs of generating funds was £125,804 (2023: £99,550)

Activity
Welcome Project
Young Inspirations
Pre-School
Young at heart
Activity
Welcome Project
Young Inspirations
Pre-School
Young at heart		 Direct costs
Support
costs
Governance
costs
Fundraising
costs
Total
2024
284,894
8,376
2,700
10,967
306,937
35,736
572
-
-
36,308
43,417
639
-
-
44,056
66
-
-
-
66
364,113
9,587
2,700
10,967
387,367
Direct costs
Support
costs
Governance
costs
Fundraising
costs
Total
2023
311,489
4,306
2,520
10,108
328,423
88,215
41
-
-
88,256
83,853
41
-
-
83,894
154
-
-
-
154
483,711
4,387
2,520
10,108
500,726

Direct costs have been allocated on the basis of direct cost incurred on each activity, support costs have been allocated on the basis of usage and staff time spent on each activity.

e
Donations Distributed
Food
Clothing
Services (Storage)
Other		 Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
-
22,853
22,853
20,086
-
2,331
2,331
2,388
-
12,020
12,020
12,020
-
3,235
3,235
3,825
40,439
40,439
38,318

Page 18

5 Staff & Trustees

Gross wages, salaries & benefits in kind
Employer's National Insurance costs
Pension costs
Total staff costs		 2024
2023
£
£
227,819
324,803
11,010
18,560
5,808
8,111
244,637
351,474

During the year three members of staff were made redundant. The associated redundancy costs for 2024 were £6,204 (2023: £nil).

The average number of employees: full-time equivalents

verage number of employees: full-time equivalents
Welcome Project
Young Inspirations
Preschool
Management and administration		 4.86
5.77
1.48
2.89
1.65
3.59
0.96
1.38
8.95
13.63

The average monthly headcount of full and part time employees during the year was 13.83 (2023: 20.50)

No staff received salaries at rate equal to, or more than, £60,000 per annum.

Remuneration payable to key management (excluding trustees) amounted to £84,739 in the year (2023: £91,677). Key management is considered to cover the salaries of Projects Director, Welcome Centre Manager directly employed by the charity and Children's Services Manager which was made redundant during the year.

Ursula Standen, who is closely related to Simon Standen, who is a trustee, received employment benefits totalling £30,479 (2023: £31,249) for providing administrative services to the charity as permitted by the charity’s governing document.

The total amount of donations funded by trustees and connected parties was £360 (2023: £240), and the value of monetary donation by key management personnel was £1,920 (2023: £1,920)

Some of the trustees of the charity has significant influence over Ilford High Road Baptist Church and is therefore considered a related party. The charity had use of the church premises (including the Welcome Centre) during the year for which the charity paid rent Refer to Note 13 Commitments for the rent paid during the year.

No other transactions have taken place with trustees and related parties during the year.

6 Acting as agent

On occasion the charity receives money on behalf of other charities, which it banks and then pays out to these charities. This income is received as agent for these other charities and the income, and the related payments, are excluded from the Statement of Financial Activities; any money that has not been distributed by the year end is recognised as a creditor.

During the year the charity acted as agent for BARKA UK and, in that capacity:

Page 19

7 Tangible Fixed Assets

Fixture
& Fittings
Cost
£
At 1 April 2023
12,886
Additions
-
Disposals
(5,977)
At 31 March 2024
6,909
Accumulated Depreciation
At 1 April 2023
12,616
Charge for the year
270
Disposals
(5,977)
At 31 March 2024
6,909
Net book value
At 31 March 2024
-
At 1 April 2023
270
8
Stock
At Cost
Donated goods
For distribution
9
Debtors and Prepayments
Tax recoverable
Other Debtors
Prepayments
10
Cash at Bank and in Hand
Bank operating accounts
Petty cash
11
Creditors: liabilities falling due within one year
Trade Creditors
Taxation and social security
Other Creditors - NEST Pension
Other Creditors - BARKA
Accruals
Deferred Income		 Fixture
& Fittings
£
12,886
-
(5,977)		 Plant
Total
&
Machinery
2024
£
£

40,422
53,308

2,727
2,727

(11,913)
(17,890)
6,909
31,236
38,145
12,616
270
(5,977)
31,864
44,480

6,221
6,491

(11,913)
(17,890)
6,909
26,172
33,081
-
5,064
5,064
270 8,558
8,828
2024
2023
£
£
3,618
6,478
3,618
6,478
448
520
11,804
1,672
7,497
3,229
19,749
5,421
2024
2023
£
£
284,394
81,671
469
967
284,862
82,638
2,060
761
3,751
5,662
579
1,146
10,000
-
10,662
12,602
32,155
22,631
59,206
42,800

The balance on Deferred Income represents grants received from The London Borough of Redbridge and NHS NE London ICB which relates to the financial year 2024-25. (See note 3b above) Movement in deferred income account 2024 2023 £ £

Page 20

Balance at the start of the reporting period
Amounts added in current period
Amounts released to income from
previous periods
Balance at the end of the reporting period		 22,631
49,334
32,155
22,631
(22,631)
(49,334)
32,155
22,631

12 Funds

During the year the movements in the charity's funds were as follows:

Unrestricted Funds
Total of Unrestricted Funds
Restricted Funds
Welcome Project
LB of Redbridge -
Housing
LBR Floating Support
LBR Health Navigator
LBR - Rough Sleepers
Intervention
LBR Household Support
LBR Food Bank
Community Organisations
Cost of Living Grant
The Edward Gostling
Foundation
The Garfield Weston
Foundation
The Tudor Trust
NHS NE London ICB
London Catalyst -
Samaritan Fund
Fowler Smith and Jones
Trust
St Martin In The Field
Other Donated Goods
and Services
Pre-School
Fees-LB Redbridge SEN
Aggregate of funds		 Opening
Incoming
Outgoing
Transfers
Closing
balance
resources
resources
in the
year
Balance
2024
2024
2024
2024
2024
£
£
£
£
£
35,948
203,472
92,166
927
148,181
35,948
203,472
92,166
927
148,181
-
70,000
42,928
-
27,072
-
42,523
42,523
-
-
-
42,000
42,000
-
-
-
12,500
-
-
12,500
-
11,120
2,290
-
8,830
6,012
-
6,012
-
-
-
67,454
66,527
(927)
-
-
10,000
2,008
-
7,992
9,024
35,000
9,024
-
35,000
1,103
14,000
15,103
-
-
-
21,524
13,452
-
8,072
-
2,000
1,179
-
821
2,000
-
-
-
2,000
-
279
279
-
-
6,478
38,347
41,207
-
3,618
24,617
366,747
284,531
(927)
105,907
-
10,670
10,670
-
-
24,617
377,417
295,201
(927)
105,907
60,565
580,890
387,367
-
254,088

The transfer of £927, from restricted funds to unrestricted funds, has been made for the purpose of equipment’s purchased during the year.

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Unrestricted Restricted Total

Page 21

Fixed assets
Stock and debtors
Cash at bank and in hand
Current liabilities		 Funds
Funds
2024
£
£
£
5,064
-
5,064
12,252
11,116
23,368
135,935
148,927
284,862
(5,071)
(54,136)
(59,206)
148,181
105,907
254,088

In the previous year the movements in the charity's funds were as follows:

Unrestricted Funds
Total of Unrestricted Funds
Restricted Funds
Welcome Project
LB of Redbridge -
Housing
LBR Floating Support
LBR Health Navigator
LBR - Rough Sleepers
Intervention
LBR Household Support
LBR Food Bank
Lloyds Bank Foundation
The Edward Gostling
Foundation
The Garfield Weston
Foundation
The Tudor Trust
London City Airport
Community Fund
London Catalyst -
Samaritan Fund
Fowler Smith and Jones
Trust
St Martin In The Field
Other Donated Goods
and Services
Young Inspirations
The Eva Reckitt Trust
Pre-School
Fees-LB Redbridge SEN
Total of Restricted Funds
Aggregate of funds		 Opening
Incoming
Outgoing
Transfers
Closing
balance
resources
resources
in the
year
Balance
2023
2023
2023
2023
2023
£
£
£
£
£
84,765
155,151
203,968
-
35,948
84,765
155,151
203,968
-
35,948
-
70,000
70,000
-
-
-
31,892
31,892
-
-
-
39,969
39,969
-
-
-
13,705
13,705
-
-
-
12,870
12,870
-
-
-
11,120
5,108
-
6,012
-
4,026
4,026
-
-
-
10,000
10,000
-
-
-
30,000
20,976
-
9,024
-
36,000
34,897
-
1,103
1,000
-
1,000
-
-
1,223
-
1,223
-
-
-
2,000
-
-
2,000
-
331
331
-
-
5,822
38,975
38,318
-
6,478
8,045
300,888
284,316
-
24,617
-
1,000
1,000
-
-
-
11,441
11,441
-
-
8,045
313,330
296,757
-
24,617
92,810
468,481
500,726
-
60,565

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Unrestricted Restricted Total

Page 22

Fixed assets
Stock and debtors
Cash at bank and in hand
Current liabilities		 Funds
Funds
2023
£
£
£
8,828
-
8,828
3,578
8,322
11,900
34,459
48,178
82,638
(10,917)
(31,883)
(42,800)
35,948
24,617
60,565

The purpose of the restricted funds received during 2023-24 was as follows: Welcome Project: This project provides help and support to the homeless, refugees and asylum seekers within the London Borough of Redbridge. Clients can receive medical advice, meals, laundry facilities and the use of the project's garden.

Funded the Welcome Project towards staff and operational costs.

LB - Redbridge Housing: Garfield Weston Foundation

Funded the Welcome Project towards staff and operational costs.

Funded the Welcome Project towards the salary and the ongoing costs of a support worker Funded the Welcome Project towards Support Workers salary cost.

The Tudor Trust

Community Organisations Funded the Welcome Project towards Support Workers Cost of Living Grant salary cost. The Edward Gostling Funded the Welcome Project towards general running costs Foundation of the project LBR - Rough Sleepers Intervention Funded the Welcome Project towards staff salary LBR - Household Support Funded the Welcome Project towards emergency relief for Grant clients facing Cost of living crisis

Funded the Welcome Project towards general running costs of the project

Funded the Welcome Project towards emergency relief for clients facing Cost of living crisis Funded the Welcome Project towards the salary and the ongoing costs of a support worker Funded the Welcome Project towards the salary and the ongoing costs of a support worker Funded the Welcome Project towards the salary and the ongoing costs of a support worker Funded the Welcome Project towards the clients hardship fund Funded the Welcome Project towards emergency payments for clients experiencing hardship. Funded the Welcome Project towards emergency relief for clients

LBR - Food Bank Grant

LBR Floating Support LBR Health Navigator Grant

NHS NE London ICB Fowler Smith and Jones Trust:

London Catalyst

St Martin In The Field

Nando's Restaurant, Donated substantial amount of cooked food towards Greggs, Tesco, Lidl, Welcome Project's clients Members of Public

Big Yellow Self Storage Provided Welcome Project with storage space. Pre-school: Day Nursery for 2 to 4 year old children. LB Redbridge - SEN Funded support worker cost for SEN children.

13 Commitments

The charity has a licence to occupy agreement with Ilford High Road Baptist Church for the Welcome Centre building. The minimum amount payable in respect of this agreement is as follows:

follows:
2024 2023
Payments falling due: £ £
Within one year 10,200 10,200
Between one and five years 20,400 30,600
After five years - -

Page 23

30,600 40,800

During the year the charity was charged £10,200 (2023: £10,200) for its rent agreement.

14 Members

Each member of the company commits to contribute if the charity is wound up an amount of £10.

15 Events since the year end:

None

Page 24

HEALTHY LIVING PROJECTS LIMITED

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 MARCH 2024

Total Total
Unrestricted Funds Restricted Funds Funds Funds
2024 2023 2024 2023 2024 2023
Note £ £ £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations and
legacies 3a 138,583
33,972
279
32,331
138,862
66,303
Donated goods 3a -
450
38,347
38,975
38,347
39,425
Investments 4,366
892
-
-
4,366
892
Charitable activities 3b 57,364
114,386
338,791
242,023
396,155
356,410
Other income and
endowments 3,160
5,451
-
-
3,160
5,451
Total income and
endowments 203,472
155,151
377,417
313,330
580,890
468,481
EXPENDITURE ON
Charitable activities 4 a-c 81,199
193,860
295,201
296,757
376,400
490,618
Raising funds 4d 10,967
10,108
-
-
10,967
10,108
Total expenditure 92,166
203,968
295,201
296,757
387,367
500,726
Net income/(expenditure) 111,306 ( 48,817) 82,216 16,572 193,522
( 32,245)
Transfers between funds 927
-		 ( 927) - - -
112,233 ( 48,817) 81,289
16,572
193,523
( 32,245)
Net movement in funds 112,233 ( 48,817) 81,289
16,572
193,522
( 32,245)
Reconciliation of funds:
Total funds brought forward 35,948 84,765 24,617 8,045 60,565 92,810
Total funds carried forward 148,181 35,948 105,907 24,617 254,088 60,565

Movements on reserves and all recognised gains and losses are shown above.

Page 25