Registered Charity Number 1090701 Registered Company Number 04190545 FRIEND IN NEED COMMUNITY CENTRE [A company limited by guarantee] Trustee Report and Financial Statements for the year ended 31 March 2025 FRIEND IN NEED CENTRE FOR POSITIVE AGEING
Contents Introduction Management Committee and Governance statement of Public Benefit Financlal Revlew Trustees, Responsibilities Financial Statements
Introducllon The Trustees present their annual report and accounts for the year ended 31 March 2025 The Trustees are satisfied with the performance of the charity during the year in question. The full name of the charity is Friend in Need Community Centre and is also known by the acronym: FIN. The legal registration details: Date of incorporation: 29 March 2001 Charity registration number: 1090701 The registered office is: East Barnet Baptist Church Crescent Road East Barnet Herts EN4 8PS Company registration number". 04190545 Bankers: Notwest 120 High Street Barnet Herts. EN5 5FF Audltors: Alexander & Associates 5 Braemore Court Cockfosters Road Cockfosters Herts EN4 OAE
Management Commlttee and Governance The members of the Board of Trustees durlng the year ended 31 March 2025 were: East Bornet Baptlst Church Revd Rupert Lazar Vicky SmallKeith Nipps Local Volvntory Organisatlon Vacancy Volunteer Representallve Sharmini Mani Vacancy User Representatlve Jeffrey Pettett Churches Together Richard Murray Repre$enlallve nomlnated Cllr Philip Cohen Local Buslnesj Owner Marie Sauka The directors of the company are also trustees of the charity and their responsibilities include all the responsibilitie5 of directors under the Companles Acts and of trustees under the Charities Act. Not all trustees are directors. At the Annual General Meeting all retire, but are eligible lor reappointment. The appointment is for one year. Nature of Ihe governlng document and the constltullon of th• charlty The organisation is a charitable company limited by guarantee, incorporated on 29 March 2001 and registered as a charity on 19 February 2002. The company was established under a Memorandum of Association that established the objects and powers of the charitable company and is governed by its Articles of Association. In the event of the company being wound up, members are required to contribute an amount not exceeding £1. The methods and procedures for the recrullment and appolnlment of new trvstees New trustees are recruited through networking with local partners and from users and volunteers. Appointments are the decision of the serving trustees or the Annual General Meeting. The Management Committee comprises: The Chaiman: Eight nominated members who shall be three members of East Barnet Baptist Church nominated by members of the Church in General Meeting ("The Church Members"); up to three persons nominated from churches who are in membership of Churches Together in New and East Barnet," one person nominated by a voluntary OTganisation working within our cotchment area and one nominated by LBB.
The Right to Co-opt as stated in the Constitution is as follows: The Secretary and Treasurer of FIN shall be appointed annually by the Management Committee, which shall give preference in making such appointments to its own members, but if none shall be willing to accept. it may co-opt any person or persons in sympathy with the aims of FIN. Not more than persons co-opted pvrsuant to sub-rule (c) of this clause. Not more than three persons, who shall be users or volunteers, may be co- opted by a two-thirds majority of the Management Committee present and voting. The pollcles and procedures adopted for the Inducllon and tralnlng of trustees Induction at FIN is generic and training of trustees occurs under Ihe umbrella of various support organisations e.g. the Charity Commission and Stewardship. The organlsaffonal structure of Ihe charlty and how declslons are made General management is the responsibility of the Charity Co-ordinator in consultation with the Chairman. Strategy and the fulfilment of the charitable objectives 15 vested in the Management Committee and decisions needing to be made are discussed in committee, with each trustee having a single vote, the Chairman having a casting vote. In order to achieve the Aims and Objectives of the charity, the Charity Co-ordinator delegates responsibility to other staff members for the successful management of their departments.
statemenl of Publlc Benefit Objectlves. aims and actlvllles of the charity A summary of the objectlves of Ihe charlty as sel out in its governlng document. The primary purpose is to relieve poverty, distrèss and sickness: in particular, by providing activity services for the elderly and housebound, neighbourhood care. support for carers. and community schemes. and lo develop other services as deemed necessary from time to time. The charlty'5 alms Includlng the changes or dlfferences It seeks to make through Its acllvltles. The aims are very much the same as the objectives. Some of the changes and differences that we aim to achieve include, but are not exclusively limited to. prolonged habitation of clients in their own homes. as part of continued independent living and maintenance of as high a standard of living as possible: reduction in social isolafion. The activities such as yoga and Tai Chi and seated exercise are to encovroge o more active life style. An explanallon of the charlty's strategles for achlevlng Its slated objecllves. To keep in place adequate paid and volunteer staff to meet the needs of FIN clients in all areas of operation and for maintaining its fleet of vehicles to a standard that they are always available for use by our clients. Have a variety of services and activities to entic8 clienlele to live more positively through participalion in less sedentary pursuits. Maintain working relationships with our partners and inform them of notlceabl8 changes to the health and welfare of mutual cllents, Apply to grant making trusts for funding to enhance the seNices on offer. Th• Charlty's grant maklng pollcles FIN Community Centre does not give grants. Soclal or programme related Investment No direct financial investments are made. but investment in the lives of our clients is made through the services offered by FIN. The activities offered by Friend in Need are designed to help people [it's clients] maintain a healthy lifestyle. through various forms of exercise. social activities around a cup of tea and a piece of cake, as well a5 cooked meals: the provision of information and advice concerning nutrition, financial affairs [benefits]etc. We refer to other organisations. when necessary.
The conlrlbullon of volunteers FIN would not be able to operate without its dedicated volunteers. FIN has approximately 35 volunteers working across all areas of service deltvery. from cleaning up. to one to one interaction with clients. for example. Volunteers give as much time as they are able and even one hour per week is welcome. although we ask for a minimum commitment of 6 months. Moreover. like all voluntary organisotions. we are constantly in need of new people. This is particularly so. as many of our long serving volunteers are inevitably ageing. Volunteers work as admini5trotors, activity facilitators Iplay games,18ad quizzes etc.] serve refreshments and meals, drivers, befrienders etc. Volunteer drivers, on reaching the age of 70, cannot drive a minibus without undergoing a medical which is not available on the NHS. Summary ol the maln acllvllles of Ihe charlty In relatlon to Its obJecllves Lasl year's onnval report begun wilh the words. a busy but chollenging year, for FIN and this year's report begins with the same sentiments but unfortunately wlth a greater emphasis on 'challenging'. The good work FIN does and its vital role it plays to so many has never been in doubt, but questions remain about its financial viability and how it can continue to provide its essential services, whilst finding a way to reduce it5 substantial, yearfy loses. For a Small, local charity. FIN finds itself in a relatively lucky position,. in that it holds h8althy legacy funds in reseNe, monies lovingly donated by past members and their families, for which we ore 50 thankful. However, the Management Committee hos been faced with the same dilemma for some time now., how long does FIN use this money to plug the deficit and what can be done to reduce these loses? So that the legacy money can help build a stronger, more productive, sustainable futvre for such a cherlshed organisation. Last year the difficvlt decision was taken to make redundant the positlon of Transport Manager. When providing services 5 16 day5 per week this wos on essential requlrement for the charlty but once FIN reduced11 service hours, the responsibilities of Transport Manager could be easi absorbed elsewhere. The Trustees thank Mr Sal Hussein for his work at FIN and he is missed by all Staff and members, bul FIN could no longerjustify a Transport Manager as an essential role. The Manogement Committee will now be considering further chonges and restructuring, and difficult decisions ogain lie ahead but all wilh Ihe future and success of FIN as a prfority. staff as of 31 March 2025 Rebecca Dickinson Maria Drury Hannah Giritharan Julie Gubby Geetha Katuwawala Catherine Lloyd Charity Co-ordinator Visiting Assistant Activity Centre A551Stant Driver & Visiting Assistant Senior Activity Centre Organiser Activity Centre Assistant
Hnanclal Review FIN has legacy monies in reserve which provide a healthy-looking balance sheet. however the charity is once again posting a substantial operating loss. Though the charity is indeed fortunate in that it has such monies in reserve, as the resull of legacies bequeathed to it, FIN does not wish to be 'surviving' on this money as it should be used to grow and impTove its services, rather thon plugging an annual deficit. Therefore, the Board of Trustees will be looking to implement internal restructuring, ftjrther grant applications and more innovative fundraising activities. Reserves Pollcy FIN will also be looking at ways at making its reserve funds 'work' harder for the charity through some low risk investment opportunity. Professional advice is currently being sought to fulfil this Share Capltal Friend in Need is a company Limited by Guarantee and therefore has no share capital. Plans for future perlods Continue to provide suitable Services to the older population of Barnet; Slalement os to dlsclosvr• of Informallon to audltors The Trustees, in their capaclty as Directors, state that. as far as each of them, at the time of approving this report. 15 aware". there is no audit information of which the auditors are unaware: the Trustees have taken all steps necessary to make themselves aware of any relevant audit information and establish that the auditors are aware of that information.
Frland In Nèed Communlty C•ntr8 Ind•p•nd•nt Examln8rfs Raport lo tho trusteos of thg charity Report of the Independent Examinerto the trustws on th• a¢¢ount• of tho Charltyfor th• year ond•d 31 March 2025 I report to the trustee8 I wl)o are abo Direetors for the prupose of CoMpY lawl on my ?xpJnlnat(on of the financial statements of Frlgnd In Noed COMM[ty Centre (' the Charitable companll for th8 y88r ended 31 hA8rch 2025. whlch ¢omwtse the Statements of Financial Activilies, BaF8nce Sheet and realled notes. This rerXt is mad8 Solety to t tharity's tru8teo8. a8 8 body, In aldance wth section 145 of the Charities Aot 2011. My mrk has been undertaken so that I might $lato to th& ¢harlils trusie88 thosé mattors l am rgqulrgd lo Ststé to Iham In thls report and for no other purp03e. To th& fullgst extent permitt8d by law, I do not a¢p1 or as$umo rèswisiblfjty to anyo other than Ihe charity and the charfty's truste88 as a body, for my rk, for th18 report, or for the oplnlon81 have fomi R••pon•lbllltS&8 and ba81• of r•port As the truste88 tsf ¢ha¢llable company you aro ro$ponsible for the pr¶tlon of tho finand81 8tatem8nt6 In acLordance bmlh the requlremtnts of th& Companles Act 2( Ilh• 2C)6 Acl'l. Havlng sallsflod myself that the flnanelal 8tatemants of Ihe charltablo 0)mpwy ar• nok raqUIr to be oudfted under Part 16 of th• Act and ar• •I1b for Indapond&nt examination. I report In re$p•ct of my examlnallon of tho charllable company's Nnanclal stslemgnt¥ carrf out under se¢iknn 145 01 t CharOI(0$ Ad 2011 1.tho 2011 A¢l') And In carrylng out my examlnauon I havo follow•d 011 Appllc*blo Olrocltons glven by Ihe Charlty Comml$slon undor soction 14515llbl of th9 2011 Act. Ind•p•nd•nt •x4mln•r'# st4l•m•nt I hav8 completed my examlnallon. I c¢nflrm that no mat•rlal mattor8 have comg to my att•nllon In connecllon th th8 examlnatlon glvlng mo cau80 lo bplleve that In ¥ny mg1èrf81 r88pacL - accounllng rgcryd$ wgrè not k•pl In r•sp8ct of thè charltablo cLJmpany a8 requlred by sodlon 366 01 the 2006 Act or - the Ilnancial 8tatem•nts do not acccrfd wlth Iho8e rKord¥,' or - th• $tat9m8nts do not comply th Ihe accounllng requlr•monl8 of 80¢lon 396 of tho 2 A¢t oth•r than any r•quIr•ml thal th8 fina081 slatem•nts gfvtr a 'tNo and falr vlow whS¢h 1$ not a matter consldered a8 part ol an dependnI examlnatlon.. or Ihe flnoncSal statements have not been prepared In [danCe th m•lhod$ gnd prknclples of th& Stalomgnl ol Rgconvngndgd PracUc& for accounllng and reportSng by Charte8 applkoble lo eharlUes preparfng Ih•lr accoun18 In ar114n¢? with th& Flnon¢lal Raporttng Stondard appllcable In th& UK and Republ1¢ of Irelar¥J IFRS 1021. I have no concems and have come acr085 no other maltW8 In nn¢t10n wth the examlnallon to kh attantlon should ba drawn In thls report In order to anablé a prop•r under8landlng of iho flnanclal st8t•m•nts to bg roached. Alul Dave The Ex8mlneVs rèl&vanl prof•8$lon•l qualm0 ry bTrJy'. ICAEW Alexand•r Davé Chartered Account8nls 5 Braewfft Crt Co¢kfo8t•rs Road 8amot Hert8 EN4 OAE The date upon vthlch my opinKJn is &xpre88gd is :_
Slalemenl of Dlrectors, and Trustees, Responslbllllles Chority Law and the Companies Acts require the Board to prepare financial statement5 for each financial year that give a true and fair view of the state of affairs of the charity at the end of the financial year and of the surplus or deficit of the charity. In preparing those financial statements, the Board is required lo:_ select suitable accounting policies and then apply them con5iStently", make judgements and estimates that are reasonable and prudent; prepare the financial statements on the going concem basis, unless it is inappropriate to presume that the charity will continue in business; state whether applicable accounting standards and statements of recommended practice have been followed,. subject to any material departures disclosed and explained in the financial statements. The Trustees are also responsible for maintaining proper accounting records which disclose with reasonable accuracy, at any time. the financial position of the charity and which are sufficient to show and explain the charity's transaction5 and enable them to ensure that the financial statements comply with the Companie5 Act 1985 land amendmentsl. They are also responsible for safeguarding the ossets of the charity and hence for toking reasonable steps for the prevention and detection of fraud and other Irregularities. The Trustees are also responsible for the contents of the Trustees, Report. The responsibility of the auditors in relation to the Trustees, Report is limited lo examinlng the report. and ensuring that. on the face of the report, there are no inconsistencies with the figures disclosed in the financial statements. Revd Rupert Lazar- Chair
Frignd In N8•d Communlty Centrn 8tat•mont of Flnon¢l•l A¢llvltl•$ for th• •r •nded 31 M•r¢h 2025 Unrn8lrfded Fund• RMtrl¢t•d Fund T¢t•l Funds L•BtYear Total Fth)d• No1•$ 2025 2025 202$ 2024 In¢om• leg4cle$ Ott)artradlng actlvldes Inv86tmenl Incom8 ¢harftabl& a¢UvlU88 15,970 1.4S7 4,419 86,910 15.970 1.457 4.419 86.910 17.480 2.595 3,832 62,060 Totsl Incom• 98,758 88,756 85.907 Co•ts olch•rlebl• •¢tlvlll•8 114.117 3,300 114,117 3.3 116.388 3,280 Total •xp•ndllur• 117,417 117.417 119,626 N•t •xp•ndltur• Tranf•r8 ts•tr•n tund• 128,e611 128,6611 133.6Sg1 11,6901 N•t mov•m•nl In fund• 128,8811 128.6811 135.3491 Tot•lfvnds Ixoughe fonv•rd 381,S93 381.$93 415,252 Totsl Fund• ¢affl•d fobw•rd 351932 352,932 379.903 ThD rnt movem•nl In funsY$ referred to 4bov• 1$ the n8t In¢cfftkng r060wc•$ as d•fin•d Ihe Stalem8nt DI R•cfmmended Pracll¢e forAccounllThJ and R8portlng 188ued by thè Charty Commhlkin for England & Wakns and l• rgcon¢118d lo the totsl fundi a• In the 8alHnG ShBèt on 16 u rwulred byth• 6dd $tal8m•nt. 10
Frland In N••d eommunlty Centr• Statement of Finandal Actlvltleg for the year •nqlgd 31 M•r¢h 202 D•signatod r•v•nu•fund• Total Fund• Last y•4r Tt)t•l Fund• 2029 2024 At 1 April At 31 March 3.188 Flx•d *•t funds D•Algnatsd Ftshds R•¥trl¢t•d Fund• Total Fund• LA•t y•r Totsl Fund• 2021 202S 2028 ZQ24 At 1 Aprll TMn61er Iloyfrom révonu8 accumulBted fvnd8 A¢ 31 March 3,53S 3,535 10.531 6996 Th• wrru• ol th• b•tsvogn R•v•nu• Rw0rV,DojffiOtsd Fund$ ond Fixod A868t Fundi18 dw¢rtbed In tho to th• •ttount•. Thi not•• on p•y• 15 to 22 fomi In Intsgrnl wt •lth••• a¢¢wnts.
Friend In Ne•d Communlty Centr• Balancè Shoot a8 at 31 March 2025 Not•$ 2025 Th• as••tg •nd Il•bllltl•s of th• chartty.. Flx•d ass•ts Tanglble a5se15 Totol nxod a¥¥gts 1.409 1,409 3,535 3,535 Curr•nt ••ts Debtors Cash at bank and In hand Total Gurrnnt 11#¥Ot¥ 7269 4,380 376.978 381,358 359,118 Cr•dttorn'.- amounts duo wllhln one er 10 17,595} 13,300) N•t cumt 841• 351,523 378.058 Total•$8•1s l•M cuff•nt Il•bllltl•• 352,932 381,593 Amounls dug Ifter mort than tsnt yèar Pr•vl•lon• f•rll•bllftlM and ehary•i N•t a••ots Includlng p•n¥lon aJ••t I Ilablllty 352,932 381.593 Th• funds of th• chartty.. Unro•trkt•d In¢om• fund• Unre8trfcled revgnue aUMUlated lundu Dèslgnat•d rw•nu• fiJnd8 Unmtrl¢t•d PItal fund• Deslgnat8d flxod as80t fund8 Tot•1 unr••trl¢t•d Ivnd• 348.335 3,188 374,870 3,188 1.409 3,535 352.932 381.593 RMtrlct•d Incoftm lund• R••trSct•d c•plt•l lund• Tothl mtrlct•d fund¥ Total Gharlty fund• 352,932 381.593 Th• TNBl8e8 are sa8110d that the company Is onlillod to $xgmpllan from the requlrernent lo obljln ¥n ¥ud undor $sdlofi 477 of th8 Companleg Act 21X)8 and Ihet members have not requlred the company to oblaln an audit In accordance wlth se¢llon 476 of the A¢1. Th• dlrector8 a¢knoth#dg• Ihelr spOnsibl11118B for Compng wlth the requlrèm•nts of lh• Comp8nlas Act 2006 wtth respect to accountlng r•¢ord$ and tha preparallon of accounts. The accounts h8v• beon ppar in Aecordas)c• wlth th• provlslon8 In Part 15 of the ¢omponK?$ Act 20l a Ic8tA& to cornpanle8 subloct lo the srnam componl¥s re9lma. Tr Tru•t•• Th• not•8 on pag•• 15 to 22 ft¥nn an Int•gr•l part of th•s• •ccount8. 12
Frlend kn Ne•d CommuTrlty C•ntr• Notes to the A¢counts totr th• yw •nd•d 31 March 2025 1 PGounting poll¢l•s Basls olprep8ratlon of the •¢ts l The financial Statements have been pPared in acconlance whh AccountlnB and Reportkng by Charltles.. Statement of Recommended Practice applicableto charitle5 preparing thelraccounts In accordarKewith the Finantial ReportingStand¥d applicablè inth• UK and Rwublic of Irelan(t IFRS 102- effective l January 20191- IChoritle5 SORP FRS 1021 and the Companles Att 2LYJ6. The tharftable company rne¢t deflnldon of a publk benefit entlty under FRS 102. A55etsaT Ilabllitles are Snitlalty recogni5ed at historica1costortrar£t10n value unle5$ Otherwlse ststed In the relevant accountin8 tIlty or not•. The thatY has taken advantageof the exemptton In Fknanclal Reportln4 stsndard No I fromthe requlrement to produce a cash flowstatement. The partlcular accountlng pollde5 adopted are set out below. bl Thètrustees consklerthat there are no matÈrlal uncertalntles about the charltable comyny's •bllltyto contlntse as a 8oin8concern. Key judgements that the tharltable company has mède whth hav & slBnlfkant on the accounts InclLbdE eslSmatln8the liablllty from mult1+8 8rani commStments. The trustees do rt consider that there are any 50ur£es of e5tlrn4tlon uncertolnty the reportln8 dare that ha¥e a sJ8nlflcant r15k of caus508a material adjustm¢ni to rhe Carrylnrf arnountsof assets and Il•bllltl•s wlthlnth• n•xt r•portln8 perlod. cl In¢om• Incomg 1$ accowt•d f¢ron a r8c•fv?0 basl$wh8n Iha ch8ty15 8nli118d to all InGL¥no and tho amowl Can be ryanlll1j wlth rgaBonatAF aGGur&cy. Tho folbltYJ 8p8clllc 1•5 ara aFpllod to rU¢ukni cate08 ol In(m•.' -VO[knry Income rvc&ved by woy ol#r8nt¥, doNollon$ •nd glft8 and18 Inded In full roc•4•. Grant&, knOr• 6ndInont not cOndonl on dallwry of q Bpedlk perfonnanco by th• tharty. r•c¢9nl$•d vkn•n lh• ¢h•rfly hOrn urK¢ndllbnglly ¢nOtkd to t grnnt. - Don8lad Bnd lacllll•s we IrKluded st the va to th• Charity th•r• th1 c•n b• wanim•d. Tho valw of 89th8 prOd•d by ynISe h•B not b8•n Indud•d kn th•1• accots. - IrKomlng r8iowc$i fr¢m gmnti, wh• rnld to p•rf¢m)anc• rthd sp•omc d•lW•NK. aro aocount8d far 86 tho ch•rty éirnl th• Aght to¢onthJ•r8lon by Its p•rf¢rm•rK•. dl kwvtrn•nt IoM• 8ank kntereslls includud In th• and eyndllufe accounton a rI1vatIO bailÉ. el D•f•rrnd Incom• In atrIn? 1kn tho Slot•m•nt of R•comm•nd•d Practk• for knwnllng aNJ Rgk¥xUng 186u¢d by Iha Charty Ce))ml•6lon f¢r Ennd & Wales gr8nts ¢¢Ved In advance and spedlled by Iho dIN>T a6 Mlallng lo #peofi¢ accntIng peiiod$ ty attérn81iv8ly wthlch are 8ubj8cl to condM¢n$ %thich •ro $1111 lo bo meL *l)l¢h aro th$ ¢onrrol d tho tharltyor ¥thare Ith uncertaln wh8lh8r lh¢ eonditionB can Lv will bo moL are deferred on an ty¥$18 ¢0 pprfod to whkh they relatè. Such dglertals ar• $hown In th& noteg to Ih¢ 8¢Munts 8nd Ihè sums knvolvèd Èhtswft is ¢¥•dar4 the xcounts. 13
FrS•nd In Ne Communlty C•ntr• Notes to the eounts for IhB y•ar 31 March 202S n R•cogn5tlon of Nabll#h• LlobiStie8 recognised on tho 8cGruak bas15 h 8C¢Drdan¢• r#)Ymal 8CCOLYlng prindpbs. m(Kll¢d wh8r8 necessary In accordan with the widance gnfftn kn lh8 Statemant of Recunrnended Pr8¢t for Atcountlng 8nd R8prthg i88ued ty t Charty CommS55k)nBrs for Engb)d & W8188. gl Exp•ndltur• The polKy for ln¢ludkng118m8Ih1n Ihe relev1 advity categorf•8 of expgnded 8rUaL9 ba$1$ 8$ 8118blllty ts u[red. Expdlre InCdeS any VATthkh cannot fulty rot¥•1•d, and h r•pThtsd M part of thg expwdllwg to 51 relBteB. In pa1Cular th• pdlcy lor Incluthg KernsUl1Tr of eratIng fjJnd4 charllabkn •ctlvftlo• and gov8manc• c1¥ of gerang fLmd8 Co818 01 genwallng fLmd8 comprkne ol coth 58to¢tht•d altrxithg volwlary Snwne arKI c¢>s18 of tradlrtrJ for lundrraJlrvJ pu098•. CharW8 Ch8rW8 8xprn comwh• olts)w Qg•ts IrxuTh•d by tho cwty In d•U¥•ry ol lth •Èb¥lll•8 and f¢r tts bgnofi¢18rfeJ. 11 InCILO6 cost8 that C be alloc4ted dlr•¢ty lo suth 8¢Wl• Imd Ihow ¢ost80f 8n Indknct naluve necessary Io 6UFPOrt Ihem. Govarna ¢o8t8 Govarn¥ncg ¢o¥li Includo tho¥e Go•l8 #680¢td vth m8elln9 the ¢onslltulkJTr818nd #ithtory rgqulrgrn0rf9 gf Ihg charty 8nd Includ• Ih• sudf••ts and to8t$ lknk•d to th• itrat•gk monoggmellt ol tha ch8rlty. AlkOn of¢Nli wl¢hSn I81 ol Wended Tho molhod9 ond pth¢We$ ffff th• 811ocBllon 8nd aFporknm•ntol al cost• b•tsw•n lh• dKf•rwl •clvlty ¢aligorhi of r•8(Jr¢M abM ar•:. Dkecl coot•- Co•1• relar@ to a partkAJlgr adlvty arn &lbcatod dlractty, SLWOrt Cost Thu• aro asxated Hppwllon•d •• lollm.. - St8ff co81 la b88•d on 61aff Ime. - Pr8mls88 co•t818 bos•d on floor are . ¢Jhw ¢o•t8 •r• b8•8d w uoago. hl Unv••ll••d 4nd r•all••d o•ln• R•allts•d 94kn• and hJM•• •r• Ilded In on th8 dBt• #t thl¢h * eJntractuo1 obllggth)n •nt•r•d Snlo. UN?08•d 98ln8 ID$8 8r• eompthd by MIne• bj th• Ma•t valu• ofth• In¥¢Jlmgnio gt tt bal8n¢• 8h86t d818, compared to th• brou1 forward £t or vBlvulon. Jnd b8888 on mIgr Cal8gCe$ of in¥e¥lmBnl8 are nellrd fj FIX ••••ts •nd d•pY•¢lotlon All lany4)le Ied a¥sets. excepl Ir•elMld land ond ll(lng8, ar• stated at co&t18•• dopr•clatknn. Fr•8hokl18nd and buik4ing$ 6t•ted •1 • valu•lon orfved at by a Frfof865h7nally quallfjed ffimi of Va0[5, vtho v4tued the 4ss•ts on tho baslfj m8rkel vBlue In current Use. 118ms of18SS than £500 ar• not ¢apttalsed. t)opreclatbn has been provided at lh• fOlkn4 rnt•s kn ord•rto wrlte off th8 Aa8ats [ thr •ycied r•shJual l ovBr thdr 08Om&ted us•ful ec4nomlc Ilvos. Equlpnont Vèhlc Photop & ¢omput& 10% 8travJhl Ilno 26% stravJht Ilne 2S% 8lraltht Ilne A annual r•vlw4 ofth• Ilk•Nhty of as*t Impalrmentls undertaktrn. 14
Frknd In N•èd communlty Cèntrn Nots8 to th• Acccrtwrtg for the year ended 31 March 2025 11 Capltal grants Th8 bowd of tru8te88 consllor that . In order to compw with tho Statsmont of R0Mmended Practice for ACcoU1n9 and Reporkng i88u8d by Iha Charity Commissioners f¢x EnglaNJ & Wales. of IgIbl@ fixed $8s0ts or grants of 8 ¢8pItsI naluTr fven SclhC purF4)se$ and fully uti In t furth8ran( of lh8 Obj of Iha charlty shixjld b& erèdftad to thè w1evtXtsd 3668tfund hft•r thg ¥um& have been prDperty expendBd on the restricted purpo¥e. The related aBset15 4hown kn the bolance s1 al the lull ¢08t of cr BubBequonl rovaluatknn. If thw related as8•ts ar• subloct io r•8lrfctkJn8 by tho grant m&klrvJ organlsadon on tholr uu• 8nd 118po881. then rgsldc&)Th8 aro notod In I]X 9¥$01 ¥gcllon of Ih8Ja a¢counl¥. In tircum8tstKtt. Ihe fix6d a88el lutwl $918 1$ tr88led as a reslthled fixed asset fund. A8 lh• r8laled a888ts aro d6pred818d, then a Ir8n$far b madè from rostri¢tgd fÈ<6d asa81 funds to unmlrktgd r•v¢nw r¢$orws to ro¢1 tho dlmknulbn h tho aSSo1 $ubJxt lo tho ro$lrklon. In Ihls year. 8 8um ol Nil wa& trdn$fer¢8d from rostt¥ fixed a$set lynd¥ to unrestri¢W raVÉ r88èrv88. thts re •ssets thro noi Subje to r•itrtson# by th• gr•nt m•kin9 Ug•nI$t1 on their use •nd dtsposal, then thB fix asset fund creqled IB treal8d aB & desial8d red asso1 fund. As Ihe 1olald 0s$01$ oro dopro¢latod, Ihtn a tr$f Is made Irt¥n de$lgnoted flxed 85$0t fund$ to unre81tstsd revenuè re8aMs lo refjeet Ihè diminub'on in Ihé 4s8ot. In Ihi6 y6ar. • ium cl Nll w transf6rred from doswèiod flxed asbal funds io unr8Strfcted roverwJ9 roserve8. Any reslduol Ilabllty to the dc4)or •d611g frem, for éxamw, th• alt, futum 8th, li dfj•¢1od li conllngfjni lIalty unleB6 Iho event that would lrfguer repayThont of grant botorrS probabkn In cose g lability lor r•p8wnl 15 recffjn188d Insofar as Ihl8 poKcy rdat•8 10 Gov•rrm•nl grnnls And to •xtentth&t It may a d•partur• from th& Si818m8nl of Sl8Th18rd A¢wunkng Pract9 NumbBr 4, such dep8rtur8 1% lu&lnBd on th8 b8$10 that K 1$ In ¢rdw k) ¢i¥nply th• 8la10m0nt of Re¢LXMlOndod Pra¢lS¢9 f¢y A¢¢ounith)g and R•pothg by th• crfty fvr Enol•NI &Wikn. Il Taxatlon As a rnql•lw•d chorfty, th• comyny l• •x•mpi Irfm Incan• and ¢orpornOon tax to th• •nt I Incornv gains we appllcabkn lo chwjtablp purp08eB orly, V8lug Added Tax fjts not TvtOV0rable by the company. is lefCe Included In Ihe reievanl ccrf18 In the Sialemenl ol Flnqnclal Aclhltlos kl Fln•no• •nd op•ratlng l••• Rentakn payabl• In r01¢1 ol 0ran9 l•a8•1 thth•r• •ub6tanllolly ol th b•n•lhs and rlsk8 of wnarnhlp r•rnalnvllh th• l•iÉor w thargod lo Iho $10tsm&nt of Fhanclfyl IneAJrr•d. Flnanco1oa4w ar¢ accounw for In accorda4 wmh th• r•qulrom•nt• ol fv FlnoncL81 Rowrfnq standi for $mall•r Entli$ IFRS102 1A1. 11 Fund• •tN¢tur• pollcy Tho chBrfly a 98ner81 unro8fficted fund whlch rgpre¥or)t8 funds wlh are exwndabLg Ot the diBcretM of lh8 Iruitses in furth8ranc8 of the obh8cI8 of the th8rlty. Such fun¢J8 may b8 hald In der kn fknance bDlh caW and caphsl lThveslm8nL R•Btr¢¢t•d funds hav• b•8n W0•d to tho tharlty for partlcuiar and 1$ th• policy of the board of truses to curefully monltor the apF41calon of Ih058 Iwds in accordanra I1h the resldctSon8 aCed upon Iham. A a88•t nd 18 malntalned whkh r•yesénts the wrltten down value of tsnglbkry flxed a580ts. and 18 dlvldod Inty a re•tdcW fix 8$se¢ fund repr¢senlng Ihg wthn value of th080 asaets SLknlect lo r88lrktbns, 1h th8 b818nce bèkng In 8 deslgnated luThJ repr8senllThJ Ihe wrt8n dovm va0 of th080 asset8 frne ol r•stricdorts. Th• d•tall•d cparath)n of the lunds i8 described under th8 accouthny policy, C8pltal grants,. Tho chgrly also m8in18in8 8 daBignated f1 astsai fund whkh 8n unre8trthd frxed 88$ets fund sel a&klÈ lo meet IhB lulur&ct81 knv88trnenl8. Th¢r• h t)0 flym poli¢y ol trarwf•r t•tsvo•n funds or on th• IaOn of funds to d¢slgnatsd fvThl8. ¢ther than that th5cribBd 8iKJvg. Any ithar tr•n¥fvrb•tw••n fvnd8 wouh1 b• on th¢ dff¥m*lan¢g4.
Friènd In NO C¢¥mmunlty C•ntr• Nots# to th• A¢¢ounts lorth• ymr •nd•d 31 Alarch 2025 ml Accounling for L•gacle Legaclas are r8cognlB8d whan the ehaTIty bets)me8 enlUe•Y to IL The Incorn8 or &48ets rcelved wlll b•tr8atthl ai r•strtctod or unr88trictsd d8pendirvJ the exact n8tur• 8nd condth.ons of the Iqgacy. n) R•cognltlon ot p•nslon ¢osts and p•nslon a8Bets and Ilabllltl•s Th• Compyoporntes a dofinod ¢Ontrfbu0n p8n8ioTh scheme. con1ribut9 eh8rpl to th8 Inc¥Thoand Expenthiuw Account 88 they bewne p8y8ble In aCeordan¢•Ih the Nl9$ ofthe 80m•othgr charllabb Effjdy or bodl8B hBvkng Slmifar ¢bloCts to Iho ¢hgTty. Yllndkng up or dlmolutlon olth• charmy If LWI wlThdkng up or dL¥¥clIOn of Ihe ¢h8rlty thw• T•malTh arby aJ80ts. after the 6ati4f0¢Uon of 811 d8bts IHbilil1os, th• 8•aèt• r•pr•Mnt•d t+y aceumulat8d fund shall be traMforr8d to tamo oth•T chor+tstrA• body or trJdi88 h8Yiro •ifftihr oble¢t8 lo Ihe thorfty. J O•ficlttor th• Iln•nGlal y•ar 2028 2024 Th1• l• •t•t•d •ft•r¢r•dltkn9:" A•v•nu• Turno¥w frnm ordlmry ¢tlvltl•• 84,337 81135 Ind •ft•r charylng... Oepredthi of owned fixoo 8688ts R•ntAI8 und•r op8ratlngl8a1 P•n8k)n COBt8 Irpendent Exomkn•r% 2,128 13.230 623 3.300 12,600 456 3,280 Fundo bèlonolng to th• eharlty h8 not b••n for the purch888 of 5n•ur8n¢o to prot•cl th• trom lo•B arfglng from th• Mglbcl or d816ylt8 of Ils ¢ru8te88, •mploy••• or •9•nts. or to Ind¢mnlfy N¥ IruNt¢¢6. omploy8e8 or ag•nt#, #gakn8t th• c4)rA•qu•n¢•• of any nggknt or d•lauK on th8lr part. 4 8l•¢•nni that •xp•n••• w•r• p•ld to tnJ•t••• or ¢•nn•¢t•d p•Mon• No axp8n8é6 Yrth to tru8t••8 orp•r4on• nn•¢I¢1 th Ihom. D•talled •n•ty•l• ol ¢•rt•ln tran••¢ll?n• r•qulr•d by lh• 2019 thp St•t•m•nt Of R•cornm•nd•d Pffactlc• for A¢¢ounllng and R•portln• 108u•d by th• Ch•rlty e•mrfMlon•r• lor Ebwl•nd & W41•• {•ffecll¥• 2019) VAriou8 item& *l)kh aro raquir•d by th• 2016 ToTr to tt)8 8tst8menl of R8commènd8d Pr4etK• for UM4rvJ and RepNUng lilugd by Ihe Charfty CcmmlBslonern fer England & Wahs l•ffecllvo Jgn 20191 lo be dlB¢boed In Ihe ft8 to Ihè accourt8 are #•t tyjt th• D•l•lled 8ch8dule to ihe stthtsmenl of Flnw¢knl . ¢ In¥••lm•nt Inm• 2024 Bonk depogtt Inbr¢st recalved 4.419 3,632 16
Frf•nd kn N•od Con%UnItyc•lltr0 Notss to the Accounts for y•ar ¥d 31 Mar¢h 2025 7 staff cts and EmobJm•nts 2025 Gro sal9$ PoMk•) Contr10 53,719 523 54 242 59.171 456 2025 2024 Avarage numb•r of•mpWo# Theowero no fees orotlw remumrallon pald to the trusto08 Therewero noèmploy888 with 8rTh)ILllnonig in oxc88s of £60,000 perann Nolthgr thg tru8ts98 nor 8ny pwwns ¢*ynnxtsd wlth th•m hov• r•c•W any r•mun8ralknn. •hh•r In th• eurnnl y•4r N ihe prfor y••r. 8 T•nglbl• lun¢tlonal ISx•d M••l• M•chln•ry I V•hl¢l A•••t ro•K or r•v•lu•d 4rn(iunt Al 1 Aprll 224 AddlJonJ Al 31 Mafth 2025 99,116 cunwlal•d d•pr•clAtlon and lrnpalfflwnl pro¥lshn• Al 1 Apfll 2024 0gW8clallon on rgv8luatlon Chwgo fcf Iha year At 31 M•r¢h 2025 95.580 2,1 N•t book valu• At 31 March 202S At 31 Mard12024 1488ets are ud lorthrtchar18 purWI and Ir? ¥r• nv IlnatI# ty horfloutr 811Ot8 17
Friend In Nd Communty Centr• Not•¥ toth• ACCO for th• y••r •nd•d 31 March 2025 9 D•btor• 2025 Tradg doblor Pmpald expenses 3.224 618 10 ¢r•dllor8: rnntsf•llng du•wllhln on• y•ar 2025 6,619 11 R•lat•d party traTh•actlon¥ S8 of Irustééa ar• al m•mb•r8 of E8r Bam•t Baplht Chjrch 8nd Fdend In Ng8d operAtes frt)m th• ehurch'5 p¥op8rfy for whkh h pays renlB and conldbullor tow8rd8 iep8lr8 .Improv•m•nts. deaTh[r IWI an(1 Iw¥l. In 2025 il pgl¢J Eajt Bwnet 8llpt151 Churt th• lum of £13,230 12024: £12,600). 12 Olh•rllnancl•l ¢0mrnltm•nt• 2025 Totol luiure pwMnl8 undgr n-¢aAl0b op8rBbng leaui 13,67e 17.491 lj An•ty•h ofth• N•t Mov•m•nt In Fynd• 2028 2024 Nol rnvement In frjntts from 8¢otwnont of FlnonrJ81 A¢lfv rellowces •ppNed on funclkjnal fixed ass¢ls N•t Mov•m•nt In lun¢h •vall•bl• forfulur• ¢tlvMI•• 128,6611 135,3491 The n&1 r8901WC88 8pplled an thetknnal fixéd and th• net hve$lm•nt In prografflmo reL•t•d Inv8¥xlm8nt8 rnprttenll the co81 of4on8 18•8 proceeds ofany thpo881 18
Frlond In N•od Communlty C•ntre Notes to the Accounts for th• y•ar •nd•d 31 Mwch 2025 14 PartIG¥l of Indlvldtsal Funds and an&1 of a•Mt and Il•blllll•s r•w•Mntlng fun414 At 31 March 2025 Unrutrlthd D••lgnatsd R••trl¢t8d Toial fund• fund• funds Funth Tanglbkn xed Assets Cwrent Assots Cwrent bilitI 1.409 3.188 1.4 359,118 17.595 352.932 365.930 17,5951 At 1 P•rfl 2024 Unrnatrlct•d O••lqn•t•d RMtrl¢t•d T)l•l fund• funth Fund• T8n91b FrA6d A8s•ts 3.$3S 3,188 3,535 381.358 13,31KII 378.170 3.3001 374 870 Cwr•nt Uabilil Th• Indfvldu•l fund• In¢lud•d •bov• r•:. Fund• At 21124 Mov•m•nts Tran•f•rn Fynd• •t 2021 Fund• b•low fvnd• 374.870 3,535 3,188 126.6611 2,128 12,1281 348,335 1,409 3,188 DosWalod Vehidé Fd0 Do•9t Rwjwdancy Fwd kn111 mw•m•nts In lund• M •hown In th• tsbh •btrv• OutqoSn9 R•Bourc•s a*ln• & LosM• knm•nl In fvnd• R•wurc•• Communty Centro 88.756 117,417 117417 128,6811 1S Endowm•nt Fd• Thecharty h•d no •ndtrntIndl kn th• y•or •nd•d 2025 or In thg year oTraed 2024. 16 Shar• Capltal T ¢harily b IneerrAY818d urHl8r tha Crry8nl8B Aet 1986 and i# limltéd by gu•r•nt••. M¢h m¢mber havlng undortak•n to ¢fA)trlbLrt• sud) unIS not ?X¢09dlng pound w rnay b8 r8qulrgd In Ihe event of tho ccmpany being %•DLmd up wN151 he SI1& 8¥118 m¢mb8r or whhln orft year th8reaft•r Thera Bre 5 m8mbori of the cthnpanyl 2024-7 memèersl 19
Friend In N•ad Communtty Centre SchUle to the Statement of Financial Activltles for tho vear ended 31 March 2025 StatUB of thls Schedu lo tho Stat•m•Tht Financlal ktlvltlos Thls sched8 Is an Intrinsic part of th8 accounts requlred to comply the the Slat8meN of Recommended Praciice ftir Accwntfing and Reportlng issued by the Charfity CommlsBlon8rs for England & Wales. However, it is not a part of the slaiulory accounts requir•J undor thè provlsk)ns of the Cornpanl•s Act in r918tlon to Incorporated Gharthes. Unr•slrl¢t•d RtrIcted Fund• Fund# 2025 2025 Totsl Funds 2025 Prlor P•rlod Totsl Funds 2024 Income L6gad8s receivable Donatlcrt)8 and grants Total Total Grnnts,L•g•¢l•• & Don•lk•n• R•celd Total Voluntary Incom• 11.442 4,528 15.970 11,442 4,528 15,970 12,788 4,692 17.480 15,970 15,970 17,480 Oth•r tradlng a¢lMtl•s Igeneratlng fund• Fundralslng activiti•$ 1,457 1,457 2.595 2,595 1A57 Investmert Incom• Bank deposit interest recelved 4,419 4,419 3,832 4819 4,419 3.832 Charltabh adlvlth• Other anclllary trading to beneflt b8neficl8rf88 86.910 66,910 62,060 86,910 66,910 62,060 Total Incom• 88,756 88.756 85,967 Charltablo expendlturn Support costs ofch•rl¢al)le Ktlvldo$ Dlr•ctsupport ¢o•t• Gro88 wages and salarfes - charllable a¢tivitl88 Pension contributlons charltable employees Volunteer8. and ca8ual slaff Costs staff tralnlng Other costs of Acuvlty Centro 53.719 523 53,719 523 59,171 456 225 S70 570 4.421 59.329 4,421 59,329 573 60,425 20
Friend In Need Communty Centre Schedule to tha Statement of Flnanclal Actfvitles for the vear ended 31 March 2025 Slatu# of thts •cheduh to th• Statamont of Flnanclal tIvitIeS This schedule 18 an intrinsic part of the accounts required to compty with the the Slalemenl of Re¢ommend&J Practlce for Accountlng and Reportlng Issued by th& Ch8rlty Commlssloners for England & Wales. HOver, it is not 8 part of the statutory accounts required under the provisKJns of the Compan185 Act 2006 in relatlon to Incorwrated chafltles. Unr•#trlct•d R•gtrl¢t•d Funds Funds 2025 2025 Total Fund• 2025 Prlor Pgriod Totsl Funds 2024 Man•g•m•iit•nd•dmlnl$trtlon costs In Support olch•rl¢abl• lIvI•S Pr•mh• Cots Ronl payable In8ur8nGo 13,230 1,552 1,822 16,604 13,230 1,552 1.822 12,600 3.174 Pr•misos mpairs and ronwal$ G•n•r•l•dmInlsI1W• •Xp•n.' Telephone and fax Statlon8ry and pntIng Subscrlplon8 Comwter Expen585 Bank charges Sundry expgn$e8 5,212 3,366 1.036 3.419 580 229 13,842 5,212 3,366 1.036 3.419 580 2,562 2,209 1,033 5,386 652 125 11,967 229 Prof•s$l¢)Ml In •upiwrt of ch•fft•bl• •cllvlll•• Payroll costs Other professlonal fees 1.042 4.776 1,042 4,776 4,417 5.818 5,323 Other Support ¢o$ts Depreciatlon of asso18 U80d for charitable purpose8 Transport Expenses Meals and Refreshmgnts Theraple$ and rgligf 2,128 6,381 4.531 5.506 18,324 11 117 2,128 6,361 4,531 8,686 6,104 2,524 4,126 21,440 116,366 Total Support ¢o$ts 114117 Support costs forgrnnts pald Costs reallocated from support costs Total Expènd on Charltablo A¢tlvlties 114,117 114,117 116,366 21
Friènd In Ne•d Communlty Contre Sch•dulè to the Statsmont of Financial Activllles for the year ended 31 March 2025 Status of thls s¢hedule lo Ihe Statom•nt of Financlal ktlvltles Thls schedule Is an intiinsic part of the account8 requlred lo comply wlth the the Statement of Recommended Pr¥tice for Accounting and Reporting issued by t Charlty Commissloners f England & W8th. However. 11 1$ r( a part of the statutory wulred under the provlslons of the ComparHès Act 2006 In relation to In¢orporated chadtl&8. Unr••trkt•d Re•trlct•d Fund• Funth 2025 2025 Total Fund• 2025 Prlor P•rfod Tolal Funds 2024 Governaneé Costs that arn not dlrnct management fvnctlons Inherent In gen•ratlng funds. seftvlce dellvery and programme orproject work (Includlng management and admlnl$tratlon costs) Sp•cMlc 90mIn cojts Independent Exgmlne¢s Fws 3.300 3.300 3,260 Total gornance costs 3.300 3.300 3,260 Thg basis for thè alkicalton of COBts as shown above Is explained in the accountlng p)Il¢i88 and the notes lo I accounts (delete 811 Ihls tsxt 8UtohhJo Analysls of transfws betw•en lunds Transfer lollfroml unle9¢tod to b& analysed lurther Transfer lollfroml de$ flx ass lo be analysed fvrther 2,126 {2,126) 2.128 12,1261 8,686 110,376) Transfor 1$ made ben flxed 888et funds acqulred by grants In rnsp8ct of th8 deprgcl8llon charge on those as8et8.