Docusign Envelope ID: CE553937-36AB-8928-8121-FB47FC3B55FE
REGISTERED COMPANY NUMBER: 04076191 (England and Wales) REGISTERED CHARITY NUMBER: 1087668
Report of the Trustees and Unaudited Financial Statements for the Year Ended 30 September 2025
for
The Maytree Respite Centre
Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX
Docusign Envelope ID: CE553937-36AB-8928-8121-FB47FC3B55FE
The Maytree Respite Centre
Contents of the Financial Statements for the year ended 30 September 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Notes to the Financial Statements | 9 | to | 16 |
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The Maytree Respite Centre
Report of the Trustees for the year ended 30 September 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Chair's statement
I am pleased to present the Trustees' Annual Report and financial statements for Maytree Respite Centre for the financial year under review.
During the financial year under review, Judith Knight and Michael Knight were Co-Chairs and CEO offering recovery leadership without an executive MD or CEO. Darren Bull was elected as Chair of Trustees from December (2025) with the new MD having started; he then offered crisis stewardship upon the MD's resignation in December. Sean Kelly was successfully appointed as Interim MD, from March 2026.
This has been a year of significant restoration, renewal and strategic rebuilding for Maytree. Following a period of organisational uncertainty and closure in previous years, 2025 marked the careful reopening of Maytree's unique suicide prevention service and the beginning of a new phase focused on operational stability, governance, culture and long-term sustainability.
Throughout the financial year under review, the Trustees have remained focused on restoring Maytree's founding purpose: providing short-term residential respite and befriending for people at immediate risk of suicide; building around governance. In April 2025, Maytree reopened its doors cautiously and responsibly, supported by a strengthened operational structure, renewed volunteer engagement and a clear strategic framework for growth and development.
The Trustees recognise the exceptional need for services of this kind. Suicide continues to represent one of the most urgent and complex public health challenges facing society, often rooted in profound isolation, hopelessness and emotional distress. Maytree's model remains distinctive within the UK suicide prevention landscape: offering compassionate, relational, non-medical containment within a safe and homely environment where guests can experience connection, reflection and renewed hope.
The Board has worked closely throughout the financial year to ensure that Maytree's restoration has been undertaken thoughtfully, safely and sustainably. This has included a focus on governance, operational leadership, volunteer recruitment and training, safeguarding, risk management, house refurbishment and organisational infrastructure. Trustees have maintained regular oversight of financial performance, staffing capacity, operational readiness and principal risks.
As part of this rebuilding phase, the charity undertook a planned period of strategic investment in preparation for increased charitable activity and the reopening of the service. Underpinned by strong cash reserves, the charity was able to accept incurring a modest deficit of £45,896 for the financial year under review. The Trustees are satisfied that having first achieved demonstrable and robust delivery of the service, and resolved leadership succession, future fundraising would benefit from these strong foundations. Furthermore, this position is affordable and consistent with an agreed medium-term financial strategy supported by appropriate unrestricted reserves and strong liquidity.
The charity closed the year with cash reserves of £645,529, providing a stable platform from which to continue rebuilding operations and strengthening fundraising activity. The Trustees consider the charity to remain in a sound financial position and continue to prepare the accounts on a going concern basis.
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The Maytree Respite Centre
Report of the Trustees for the year ended 30 September 2025
Alongside operational rebuilding, significant attention has been given to leadership development and succession planning. During the year, the Board continued to strengthen its governance arrangements and deepen trustee involvement in supporting Maytree's strategic direction and operational oversight.
I would like to acknowledge the extraordinary commitment shown by Maytree's staff, volunteers, Trustees, founders and supporters throughout this period of transition and renewal. Rebuilding a service of this complexity and emotional intensity requires resilience, professionalism, compassion for others and self alongside trust in our focus of Maytree's primary task as described in its Articles of Association. The dedication shown across the organisation has been exceptional, supported by our Special Advisors and Patrons.
Particular emphasis during the year has been placed on restoring Maytree's model, which guides both culture and practice. This has included strengthening reflective practice, volunteer support and supervision structures, rebuilding relationships with referral partners, and ensuring that the organisation remains grounded in the values of openness, compassion, collaboration and psychological safety that have always been central to Maytree's work.
The Trustees believe Maytree will now enter a more stable and promising phase of development. The immediate focus for the coming year is the continued consolidation of the service with governance, collaborations and sustainability as our focus. The Board is progressing a focused fundraising strategy designed to secure long-term sustainability through a combination of grant funding, philanthropic partnerships, major donors and strategic relationships with organisations committed to suicide prevention and mental well-being.
We are committed to strengthening the operational team and Trustee body, expanding and supporting the volunteer community, deepening referral partnerships and increasing the number of guests residentially supported.
Looking further ahead, the Trustees believe Maytree has the opportunity not only to sustain its current service, but also to contribute more broadly to the future of suicide prevention through research and training. Through leadership, training and, ultimately, building and supporting the development of Maytree-inspired services.
The Trustees remain deeply committed to ensuring that Maytree combines compassionate care with robust governance, financial responsibility and operational excellence. We believe the charity is now well positioned to build on its unique legacy and move forward with renewed clarity, stability and ambition.
On behalf of the Trustees, I would like to thank everyone who has supported Maytree during this important year of rebuilding and renewal. In particular, extending our sincere gratitude to our donors, funders and supporters whose belief in Maytree's mission has enabled this work to continue. Your generosity provides the essential foundation for both the charity's present operations and its future development.
........................................................................ Dr D Bull - Trustee
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The Maytree Respite Centre
Report of the Trustees for the year ended 30 September 2025
Introduction
The Trustees present their annual report and financial statements for Maytree Respite Centre for the year ended 30 September 2025.
We are delighted that Maytree reopened it doors during the financial year, offering once again short-term residential respite to individuals in suicidal crisis, offering a safe, non-clinical environment grounded in compassion, dignity and respect.
The charity's work remains focused on delivering this service consistently and responsibly in line with its charitable objectives. In the period under review, the Trustees have maintained oversight of the charity's activities, financial position and governance arrangements, ensuring that appropriate controls and processes are in place to support effective operation and long-term sustainability.
This report sets out the charity's structure, objectives, activities and achievements, together with a review of its financial performance and position for the year. It also outlines the principal risks and uncertainties facing the charity and the steps taken by the Trustees to mitigate these.
The Trustees would like to thank the staff, volunteers, donors and supporters whose ongoing commitment enables Maytree to continue its work.
Objects and Activities:
The charitable object of the charity, as defined in the governing document, is "to provide short-term respite accommodation and befriending for those at immediate risk of suicide." The trustees have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to public benefit guidance as published by the Charity Commission.
The charity's mission is to restore hope to the lives of those at acute risk of suicide, offering (subject to assessment) a brief stay and befriending at its house in north London. It offers respite, a calm, safe and homely place to talk and be heard in confidence without judgement and with containment and compassionate care. Volunteers and staff facilitate each guest to re-engage with benign and normal interpersonal relationships, offering relief from isolation and anguish, and the renewal of hope.
Achievements and Performance:
In the year under review Maytree's service re-opened in April 2025 and delivered vital support services to its guests. Demand for the charity's services remained high, and Maytree has maintained delivery of its core provision since the house reopened.
The Trustees have continued to oversee service delivery, safeguarding and the effective use of resources to support the charity's work.
The Trustees are satisfied that the charity's activities during the year have contributed to the relief of those in crisis and that its resources have been applied in furtherance of its charitable purposes.
Financial Review:
The financial year shows a small planned deficit of £45,896 following the reopening of the service part way through the year. While raising funds for core costs was deferred to the subsequent financial year, work began on laying the foundations to do this well, with a modest cost of £3,074 incurred for raising funds in this early phase of resumption.
Costs relating to the running of the Maytree service grew in the year as it opened its doors in April 2025. The balance sheet shows a continuing strong position with cash funds of £645,529 (2024: £687,215).
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The Maytree Respite Centre
Report of the Trustees for the year ended 30 September 2025
Future Plans:
The Trustees intend to continue the charity's established activities in support of its charitable objectives.
In the forthcoming period, the Trustees will focus on maintaining the delivery of Maytree's core respite service, ensuring that appropriate resources are in place to support its continued operation. Focus will be given to income generation to support the costs associated with a fully operational Maytree model and maintain financial stability.
The Trustees will continue to keep the charity's activities under review, together with its governance, safeguarding arrangements and risk management processes, to ensure these remain appropriate.
Risk Management:
Maytree's mission and activities entail, by definition, the taking, holding, and managing of risk, primarily to its service users (guests) but also its volunteers and staff. The trustees individually and collectively are ultimately responsible for risks. These are mitigated by shared understanding, trust and mutual support, and a structure that ensures good communication throughout the organisation.
Risks are also mitigated by the employment of qualified staff, training of volunteers, and the provision of support and supervision coupled with reflective practice and adherence to its formal policies, which are regularly reviewed.
The Trustees' policy regarding financial risk is to seek to ensure the charity holds sufficient liquid funds to cover the subsequent twelve months outgoings.
Governing Document:
Maytree Respite Centre ("the Charity") is a company limited by guarantee (company number: 04076191) governed by its Memorandum and Articles of Association dated 18 February 2025. It is registered as a charity with the Charity Commission (charity number: 1087668). Directors and Trustees of the charitable company are its trustees for the purpose of charity law and throughout the report are collectively referred to as the trustees.
Directors and Trustees:
The trustees are responsible for the governance of the charity, its compliance with statutory requirements, its strategy, structure, and management and for ensuring its activities focus on its mission and values. Every trustee is responsible for understanding the model and its practice.
Trustee Induction and Training:
New Trustees are made aware of their legal obligations under charity and company law, the
content of the Memorandum and Articles of Association, the Charity's history, the philosophical approach of the Charity, the business plan and the current financial performance of the Charity. A new Trustee receives copies of the most recent Annual Report, and Accounts, and appropriate leaflets published by the Charity Commission with the opportunity to discuss them. They may also be supported by ongoing external training to enhance their ability in the role.
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The Maytree Respite Centre
Report of the Trustees for the year ended 30 September 2025
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
04076191 (England and Wales)
Registered Charity number 1087668
Registered office
72 Moray Road London N4 3LG
Trustees
Mr S C Briggs (resigned 28.4.2025) Dr D Bull Mr E G Farnworth (resigned 16.12.2024) Ms J C Knight Mr M J Knight Ms N M Denegri (appointed 16.12.2024) Ms A C Fridel Crashaw (appointed 16.12.2024) Dr A H Ross (appointed 16.12.2024) Mr J A Shimwell (appointed 16.12.2024) Dr N Low-Beer (appointed 19.12.2024) Mrs R A Wright (appointed 22.9.2025)
Independent Examiner
Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX
15-05-2026 Approved by order of the board of trustees on ............................................. and signed on its behalf by:
........................................................................ Dr D Bull - Trustee
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Independent Examiner's Report to the Trustees of The Maytree Respite Centre
Independent examiner's report to the trustees of The Maytree Respite Centre ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.
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 the 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
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:
-
accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
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
-
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.
Jeremy Harrod
Grant Harrod Lerman Davis LLP Chartered Accountants Second Floor, Kirkland House 11-15 Peterborough Road Harrow Middlesex HA1 2AX 15-05-2026 Date: .............................................
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The Maytree Respite Centre
Statement of Financial Activities for the year ended 30 September 2025
| Notes INCOME AND ENDOWMENTS FROM Donations and legacies 2 Investment income 3 Total EXPENDITURE ON Raising funds Charitable activities Charitable Activities Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD |
Unrestricted funds £ 236,849 12,518 249,367 3,074 284,707 287,781 (38,414) 985,223 946,809 |
Restricted funds £ - - - - 7,482 7,482 (7,482) 26,498 19,016 |
2025 Total funds £ 236,849 12,518 249,367 3,074 292,189 295,263 (45,896) 1,011,721 965,825 |
2024 Total funds £ 124,167 9,554 |
|---|---|---|---|---|
| 133,721 | ||||
| - 89,466 |
||||
| 89,466 | ||||
| 44,255 967,466 |
||||
| 1,011,721 |
The notes form part of these financial statements
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The Maytree Respite Centre
Balance Sheet 30 September 2025
| Notes FIXED ASSETS Tangible assets 9 CURRENT ASSETS Debtors 10 Cash at bank CREDITORS Amounts falling due within one year 11 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 12 Unrestricted funds Restricted funds TOTAL FUNDS |
Unrestricted funds £ 349,164 6,456 626,513 632,969 (35,324) 597,645 946,809 946,809 |
Restricted funds £ - - 19,016 19,016 - 19,016 19,016 19,016 |
2025 Total funds £ 349,164 6,456 645,529 651,985 (35,324) 616,661 965,825 965,825 946,809 19,016 965,825 |
2024 Total funds £ 350,066 9,276 687,215 696,491 (34,836) 661,655 1,011,721 1,011,721 985,223 26,498 1,011,721 |
|---|---|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 15-05-2026
............................................. Dr D Bull - Trustee
The notes form part of these financial statements
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The Maytree Respite Centre
Notes to the Financial Statements for the year ended 30 September 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Going concern
The Trustees 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 have taken account of pressures on events.
The charity has a strong cash and reserves position at the time of approval of these financial statements. Having made enquiries, the trustees have concluded that there is a reasonable expectation that the charity has adequate resources to continue in operational existence for at least 12 months from the date of the audit report of these financial statements. The charity therefore continues to adopt the going concern basis in preparing its financial statements.
Critical accounting judgements and key sources of estimation uncertainty
In preparing financial statements it is necessary to make certain judgements, estimates and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the trustees to have most significant effect on amounts recognised in the financial statements. The most significant estimates and assumptions which affect the carrying amount of assets and liabilities in the accounts relate to the annual depreciation charge for tangible fixed assets is sensitive to change in the estimated useful economic lives and residual value of assets. These are reassessed annually and amended were necessary to reflect current circumstances and to take amounts of any impairment in value.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Tangible fixed assets are carried at cost less accumulated depreciation. Assets costing more than £750 are capitalised. Depreciation is provided to write off the cost less estimated residual value of all fixed assets except freehold land, over their useful lives:
Freehold land is not depreciated.
Freehold building - written off over its expected useful life of 50 years. Furniture, fittings and equipment - 15% reducing balance.
Taxation
The Charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.
continued...
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The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
1. ACCOUNTING POLICIES - continued
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Financial instruments
Cash and cash equivalents include cash at banks and in hand and short-term deposits with a maturity date of three months or less.
Debtors and creditors receivable or payable within one year of the reporting date are carried initially at their transaction price and subsequently at settlement value.
2. DONATIONS AND LEGACIES
| Donations Legacies Grants Grants received, included in the above, are as follows: Other grants 3. INVESTMENT INCOME Deposit account interest 4. NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after charging/(crediting): Depreciation - owned assets |
2025 £ 22,009 26,432 188,408 236,849 2025 £ 188,408 2025 £ 12,518 2025 £ 13,393 |
2024 £ 53,667 5,000 65,500 |
2024 £ 53,667 5,000 65,500 |
|---|---|---|---|
| 124,167 | |||
| 2024 £ 65,500 |
|||
| 2024 £ 9,554 |
|||
| 2024 £ 12,846 |
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The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
5. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 30 September 2025 nor for the year ended 30 September 2024.
Trustees' expenses
| Trustees' expenses STAFF COSTS Wages and salaries Social security costs Other pension costs The average monthly number of employees during the year was as follows: Employees No employees received emoluments in excess of £60,000. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 2024 Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 81,373 Investment income 9,554 Total 90,927 EXPENDITURE ON Charitable activities Charitable Activities 70,170 NET INCOME 20,757 Transfers between funds 146,984 Net movement in funds 167,741 RECONCILIATION OF FUNDS Total funds brought forward 817,482 TOTAL FUNDS CARRIED FORWARD 985,223 |
2025 £ 3,183 2025 £ 198,171 8,674 3,179 210,024 2025 6 2024 Restricted funds £ 42,794 - 42,794 19,296 23,498 (146,984) (123,486) 149,984 26,498 |
2024 £ 1,567 2024 £ 18,717 - - 18,717 2024 2 2024 Total funds £ 124,167 9,554 |
||||
|---|---|---|---|---|---|---|
| 133,721 | ||||||
| 89,466 | ||||||
| 44,255 - |
||||||
| 44,255 967,466 |
||||||
| 1,011,721 |
6.
7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
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The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
8. INDEPENDENT EXAMINER FEE
The fees payable for the independent examination for the year were £4,200 inc VAT (2024 - £4,200 inc VAT).
9. TANGIBLE FIXED ASSETS
| Freehold property £ COST At 1 October 2024 608,805 Additions - At 30 September 2025 608,805 DEPRECIATION At 1 October 2024 274,186 Charge for year 10,147 At 30 September 2025 284,333 NET BOOK VALUE At 30 September 2025 324,472 At 30 September 2024 334,619 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Other debtors Prepayments and accrued income 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Accruals and deferred income |
Fixtures and fittings £ 23,137 12,491 35,628 7,690 3,246 10,936 24,692 15,447 2025 £ - 258 6,198 6,456 2025 £ 8,276 8,932 13,702 4,414 35,324 |
Totals £ 631,942 12,491 644,433 281,876 13,393 295,269 349,164 350,066 2024 £ 878 - 8,398 9,276 2024 £ 9,142 - 12,533 13,161 34,836 |
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|---|---|---|---|---|
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The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
12. MOVEMENT IN FUNDS
| Unrestricted funds General fund Designated Fund - Fixed Assets Designated Fund - Operating Reserve Restricted funds Refurbishment of Centre TOTAL FUNDS Net movement in funds, included in the above a Unrestricted funds General fund Restricted funds Refurbishment of Centre TOTAL FUNDS |
At 1.10.24 £ 143,508 338,715 503,000 985,223 26,498 1,011,721 re as follows: |
Net movement in funds £ (38,414) - - (38,414) (7,482) (45,896) Incoming resources £ 249,367 - 249,367 |
Transfers between funds £ (10,449) 10,449 - - - - Resources expended £ (287,781) (7,482) (295,263) |
At 30.9.25 £ 94,645 349,164 503,000 946,809 19,016 965,825 Movement in funds £ (38,414) (7,482) (45,896) |
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|---|---|---|---|---|---|---|
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The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
12. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net At movement 1.10.23 in funds £ £ Unrestricted funds General fund (36,409) 20,757 Designated Fund - Fixed Assets 350,891 - Designated Fund - Operating Reserve 270,000 - Designated Fund - Replication Reserve 233,000 - 817,482 20,757 Restricted funds Kehilla North London 1,790 - Eleanor Rathbone Charitable Trust 3,000 (3,000) Fuserna 20,000 - Replication - Bristol 6,755 - Replication - London 3,000 - Worshipful Company of Innholders 439 - Refurbishment of Centre - 26,498 Joe & Rosa Frenkel CT 5,000 - Estate of Ben Judah 100,000 - Broome Family Charitable Trust 10,000 - 149,984 23,498 TOTAL FUNDS 967,466 44,255 Comparative net movement in funds, included in the above are as follows: 2024 Incoming resources £ Unrestricted funds General fund 90,927 Restricted funds Eleanor Rathbone Charitable Trust (3,000) Refurbishment of Centre 45,794 42,794 TOTAL FUNDS 133,721 |
Transfers between At funds 30.9.24 £ £ 159,160 143,508 (12,176) 338,715 233,000 503,000 (233,000) - 146,984 985,223 (1,790) - - - (20,000) - (6,755) - (3,000) - (439) - - 26,498 (5,000) - (100,000) - (10,000) - (146,984) 26,498 - 1,011,721 2024 2024 Resources Movement expended in funds £ £ (70,170) 20,757 - (3,000) (19,296) 26,498 (19,296) 23,498 (89,466) 44,255 |
|---|---|
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The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
12. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated Fund - Fixed Assets Designated Fund - Operating Reserve Designated Fund - Replication Reserve Restricted funds Kehilla North London Eleanor Rathbone Charitable Trust Fuserna Replication - Bristol Replication - London Worshipful Company of Innholders Refurbishment of Centre Joe & Rosa Frenkel CT Estate of Ben Judah Broome Family Charitable Trust TOTAL FUNDS |
At 1.10.23 £ (36,409) 350,891 270,000 233,000 817,482 1,790 3,000 20,000 6,755 3,000 439 - 5,000 100,000 10,000 149,984 967,466 |
Net movement in funds £ (17,657) - - - (17,657) - (3,000) - - - - 19,016 - - - 16,016 (1,641) |
Transfers between funds £ 148,711 (1,727) 233,000 (233,000) 146,984 (1,790) - (20,000) (6,755) (3,000) (439) - (5,000) (100,000) (10,000) (146,984) - |
At 30.9.25 £ 94,645 349,164 503,000 - 946,809 - - - - - - 19,016 - - - 19,016 965,825 |
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Eleanor Rathbone Charitable Trust Refurbishment of Centre TOTAL FUNDS |
Incoming resources £ 340,294 (3,000) 45,794 42,794 383,088 |
Resources Movement expended in funds £ £ (357,951) (17,657) - (3,000) (26,778) 19,016 (26,778) 16,016 (384,729) (1,641) |
|---|---|---|
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Docusign Envelope ID: CE553937-36AB-8928-8121-FB47FC3B55FE
The Maytree Respite Centre
Notes to the Financial Statements - continued for the year ended 30 September 2025
13. RELATED PARTY DISCLOSURES
During the year, the charity carried out its periodic maintenance of the Centre, and selected Alma Fridell as a known supplier offering excellent value for money. In December 2024, Alma Fridell was also appointed as a Trustee of the charity. Since the appointment, £1,661 was paid to Alma Fridell for the remainder of the refurbishment works.
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