## **HOUSE PROJECT CENTRE LIMITED BY GUARANTEE**
## **STATEMENT OF ACCOUNTS**
**YEAR ENDED 31 MARCH 2025**
**382 Kenton Road Harrow, Middlesex, HA3 8DP**
**DNS Accountants**
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE YEAR ENDED 31 MARCH 2025**
|**CONTENTS**|**Page**|
|---|---|
|Directors' and Trustees' Report|1|
|Examiners Report|2|
|Balance Sheet|3-4|
|Statement Of Financial Activities|5|
|Notes to the Accounts|6|
|Income and Expenditure Account|7|
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE YEAR ENDED 31 MARCH 2025 COMPANY INFORMATION**
|REGISTERED CHARITY NUMBER:|1100276|
|---|---|
|REGISTERED NUMBER:|4390140|
|DIRECTORS AND TRUSTEES:|J. de Souza|
||H. de Souza|
||A. Pugh|
||J M R Farmiloe|
||R G Farmiloe|
||V I Simpson|
||F Mason|
||K W Griffiths|
|REGISTERED OFFICE:|DNS House|
||382 Kenton Road|
||Harrow, Middlesex|
||HA3 8DP|
|BANKERS:|Unity Trust Bank|
||9 Brindley Place|
||Birmingham|
||B1 2HB|
|ACCOUNTANTS:|DNS Accountants|
||Chartered Accountants|
||382 Kenton Road|
||Harrow, Middlesex|
||HA3 8DP|
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE REPORT OF THE DIRECTORS AND TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025**
The Directors and Trustees submit their report and accounts for the year ended 31 March 2025
The company became a registered charity on 23 October 2003.
## **PRINCIPAL ACTIVITY AND BUSINESS REVIEW**
The results for the year are shown in the attached Income and Expenditure Account.
The principal activity of the Charity in the year under review was to provide a resource centre for the Peacehaven and Telscombe area.
## **DIRECTORS AND TRUSTEES**
All the directors of the company are also the trustees of the charity and there are no other trustees.
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees are required by law to prepare financial statements for each financial year which give true and fair view of the state of affairs of the charity and of its results for that period. In preparing those financial statements the trustees are required to:
- a) select suitable accounting policies and apply them consistently;
- b) make judgements and estimates that are reasonable and prudent;
- c) state whether the policies adopted are in accordance with the Companies Act 2006 and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
- d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy the financial position of the charity and which enable them to ensure that the account and statement are properly presented and comply with applicable law. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **APPROVAL**
This report was approved by the board of directors and trustees on 30/08/2025. and signed on its behalf:
…30/08/2025… J M R Farmiloe Trustee
…30/08/2025… A. Pugh Trustee
Page 1
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOUSE PROJECT CENTRE**
We report on the accounts of the Charity for the year ended 31 March 2025 which are set out on the following pages.
## **Respective Responsibilities of Trustees and Examiner**
As the charity's trustees you are responsible for the preparation of the accounts; you consider that the audit requirement of section 43(2) of the Charities Act 1993 (the Act) does not apply. It is our responsibility to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 43 (7) (b) of the Act, whether particular matters have come to our attention.
## **Basis of Independent Examiner's Report**
Our examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently we do not express an audit opinion on the view given by the accounts.
## **Independent Examiner's Statement**
In connection with our examination, no matter has come to our attention:
- 1) which gives us reasonable cause to believe that in any material respect the requirements
- to keep accounting records in accordance with section 41 of the Act; and
- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the Act
have not been met; or
- 2) to which, in our opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
DNS Accountants Chartered Accountants 382 Kenton Road Harrow, Middlesex HA3 8DP
Page 2
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE Registered Number 4390140 BALANCE SHEET AS AT 31 MARCH 2025**
**----- Start of picture text -----**
2025 2024
Note £ £ £ £
FIXED ASSETS 5 704838 705104
CURRENT ASSETS
Bank Balances 310246 300258
Cash 35 35
310281 300293
CURRENT LIABILITIES
Accruals - (800)
-
(800)
1015119 1004597
CAPITAL
Unrestricted Funds Brought forward 1004597 1011206
Surplus For The Year 10522 (6609)
Balance Carried forward 1015119 1004597
**----- End of picture text -----**
The notes on page 5 and form part of these accounts.
Page 3
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE BALANCE SHEET AS AT 31 MARCH 2025 (cont'd) AUDIT EXEMPTION REPORT**
The Directors confirm.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsiblities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies regime.
Approved by the Directors and Trustees on ..........30/08/2025…... and signed on its behalf
……30/08/2025… A Pugh Director & Trustee
The annexed Notes form part of these Financial Statements
Page 4
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025**
|**Notes**
**INCOME**
Donations
Shop Receipts
Book Sales
Voluntary Income
Auction income
Other income
Interest Received
**EXPENDITURE**
Indirect Expenditure
Premises
Administration
Income Less Indirect Expenditure
Direct Charitable Expenditure
**NET SURPLUS (DEFICIT) FOR THE YEAR**
**Add: Balance Brought Forward**
**BALANCE CARRIED FORWARD**|**2025**
**£**
**890**
**147783**
**385**
**1,49,058**
**3324**
**1027**
**108**
**153517**
**(29632)**
**(9897)**
**113988**
**(103466)**
**10522**
**1004597**
**1015119**|2024
£
755
169327
-
170082
3700
11193
108
185083
(37851)
(13024)
134208
(140817)
(6609)
1011206
1004597|
|---|---|---|
There were no recognised gains or losses for 2025 or 2024 other than those included in the Income and Expenditure Account.
The notes on page 5 form part of these Accounts.
Page 5
**HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025**
## **1. ACCOUNTING POLICIES**
## **1.1 Basis of Preparation of Accounts**
The accounts are prepared under the historical cost convention and include the results of the charity's operations which are described in the Directors' and Trustees' report and all of which are continuing.
The Charity has taken advantage of the exemption in the Financial Reporting Standard No. 1 from the requirement to produce a cashflow statement.
## **1.2 Income**
Voluntary income and donations are accounted for as received by the Charity. Grants are recognised in full in the statement of financial activities in the year in which they are received.
**2. Freehold Property** - The Trustees estimate the value of Freehold Property at £703,773
||**Freehold**|**Fixtures &**|**Computer**|**Total**|
|---|---|---|---|---|
|**3. FIXED ASSETS**|**Property**|**Fittings**|||
||**£**|**£**|**£**|**£**|
|Cost: B/fwd|7,03,773|1,506|597|7,05,876|
|Additions|||||
|Improvement to Property|-||-|-|
|Disposal|||||
||---------|-------|---------|----------|
||7,03,773|1,506|597|7,05,876|
||---------|---------|---------|---------|
|Depreciation:|||||
|B/fwd|-|301|471|772|
|Depreciation Disposal|||||
|Provided during the year|-|241|25|266|
||---------|---------|---------|---------|
||-|542|496|1,038|
||---------||----------|-----------|
|**Net book value at 31 March 2025**|7,03,773|964|101|7,04,838|
||---------|----------|-----------|-----------|
|Net book value at 31 March 2024|7,03,773|1,205|126|7,05,104|
||---------|-----------|------------|------------|
Page 6
## **HOUSE PROJECT CENTRE - LIMITED BY GUARANTEE DETAILED INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025**
|**Notes**
**INCOME**
Donations
Auction
Other Income
Book Sales
Shop Receipts
Interest Received
**EXPENDITURE**
**Premises**
Utilities
Rates
Telephone
Repairs
Shop Expense
Security Costs
Insurance
Waste Disposal/Cleaning
**Administration**
Loss on Sale of Fixed Assets
Volunteer Expense
Subsistence
IT Costs
Staff Entertainment
Staff Welfare
Low Value Equipment
Van and Travel Expenses
Printing, Postage and Stationery
Office Expenses
Accountancy
Legal and Professional Fees
Subscription
Bank Charges and Interest
Depreciation: Fixtures and Fittings
Depreciation: Equipments
Indirect Expenditure
Income Less Indirect Expenditure
**Direct Charitable Expenditure -**
Community/Projects Expenses
**NET SURPLUS FOR THE YEAR**|**£**
**£**
**890**
**3324**
**1027**
**385**
**147783**
**153409**
**108**
**153517**
**7198**
**2621**
**3696**
**4015**
**2060**
**-**
**4685**
**5357**
**29632**
**-**
**3385**
**915**
**1614**
**-**
**545**
**301**
**-**
**953**
**1584**
**1240**
**(1,020)**
**-**
**114**
**241**
**25**
**9897**
**39529**
**113988**
**103466**
**10522**
**2025**|£
£
755
3,700
11,193
-
169327
184975
108
185083
6458
2227
2975
14992
174
1128
4447
5450
37851
1,150
3,151
872
912
664
430
87
50
990
1,878
800
1,020
155
532
301
32
13024
50,875
1,34,208
1,40,817
(6,609)
2024|
|---|---|---|
Page 7