Charity registratlon number 1101111 (England and Wales) Company reglstratlon number 03647635 ACTION WEST LONDON ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ACTION WEST LONDON LEGAL AND ADMINISTRATIVE INFORMATION Trustees D Anderson J Bryan E Ha￿lS M Snowden A G Coyne J Fernandes S Kelly-scholte S Dharamsi D Forde (Appointed 8 November 2024) (Appointed 8 November 2024) Charity nurnber (England and Wale$) 1101111 Company number 03647635 Registered office Unit 9 Morris House Swainson Road Acton London W3 7UP Independent examiner Blackstones Accountsncy Ltd 121 VioletAvenue Hillingdon Middlesex UB8 3PT Bankers National Westminster Bank plc 1 The Mall Ealing London W5 2PL Solicllors Russell-cooke Solicitors 2 Putnay Hill Putney London SW15 6AB ACTION WEST LONDON CONTENTS Page Trustees, report Independent 8xaminefs report ststement of financlal activities Balance sheet Statement of Gash flows Notes to the financial statements 10-20 ACTION WEST LONDON TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 Trustees overview On behalf of the Board. we are pleased to present the Trustees. Annual Report for Actlon West London for the year ended 31 March 2025. Over the year, Action West London has continued to respond with commitment and resilience to growing demand for our services. while navigating a thallenging finaniyal environment across the voluntary sector. Our CEO'S report in the following pages describes the breadth and qualty of the work that the charity has delivered. The board has remained focused on strong governance, robust financial oversight and effectiv8 risk management. working in close partnership with our Chief Executive and senior leadership team to support the delivery of the chartty'5 mission in the communities which we serve and position it well for the fubjre. The trustees reviewed financial performance and key strategic issues throughout the year and are satisfied that the charity's activities furthered its charitable purposes for public benefit. The Board also considered longer-term sustainability, including the potential disposal of assets and diversification of funding. The trustees are confident that appropriate systems of governance and control are in place. and we remain firmly committed to maintaining a board with the breadth of skills, experience and insight needed to tead Ihe charity 8ffectively and sustainably as described below. I thank our trustees, staff, volunteers and partners for their continuing support and dedication to the mi&8ion of Action West London. CEO'S report Action West London exists to reduce poverty and inequality through practical, community-led solutions rooted in employment, eduGation and enterprise. During 2024-25, this mission was pursu8d in an inueasingly challenging envlronment. Demand for support continued lo grow, while fundlng became more ￿mpetitiVe, costs rose, and uncertainty across the voluntary sector intensified. In response, the organisation remained focused on impact, strengthened trusted partnerships. and took prudent strategic decisions to safeguard long-term sustainability. This year has reinforced th8 value of charities that are deeply rooted in place and trusted by the communities they serve. Action West London's role is to act as a connector and enabler - bringing together residents. faith groups, employers, funders and public bodies to create realistic routes OLrt of poverty for people who often fa￿ multiple and overlapping ba￿lers. Community. Falth and Public Benefit In 202¥25. Action West London was honoured to receive the London Dangoor Award for Faith & Community. recognising our work with St Mary's Church in Acton and our wider contribution across West London. The award reflected the strength of our partnerships with faith groups and the important role they play in reaching people who may otherwise remain isolated from support. Our work with faith partners is inclusive and practical. focused on social cohesion, integration and opportunity rather than belief. During the year this included activity linked to green skills and environm8ntal responsibility. alongside targeted support for refugees and asylum seekers in Hayes and Hillingdon. These strands of work reflect our belief that SOCi81 juslice. economic inclusion and environmental responsibility musl be addressed together. Pla¢e4ased Working, Participation and the Circular Economy Place-based working remains central to Action West London's approach. At The Mount in Adon, th8 Your Mart(et, Your Mount user group has demonstrated how residents. community organisations. faith groups and public-sector partners can work together lo shape shared spaces. This has slrengthened community ownership. increased participation and reinforced trust betwe8n partners. Alongside this, Action West London has continued to deliver Reuse and Repair workshops and wider Reduce- Reuse-Recycle activity on The Mount through our Acton Market presence. These sessions have engaged local residents in practical environmental action, reduced waste, built ¢onfid8nce and transferable skills, and helped open up conversations about green jobs and the circular economy. The infomal, community-based nature of this work has proven particularly effective in engaging people who may not otherwise access structured training. ACTION WEST LONDON TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Our movement and physical activity progpmme, supported by Sport England. has also continued to deliver important benefits for older r8sidents. helping to reduce isolation, improve wellbeing and maintain ind8pendence. Ernployment, Skills and Inclusive Growth Employment remains central to Actlon West London's ¢haritab18 purpose. Throughout the year, we continued to deliver job brokerage, training and employability support focused on sustained employment and fair pay. Our approach recognises that many people we support face ¢ompl8x and intersecting challenges, and that progress is often about stsbility rather than speed. During 202Ék25, we were partlcularly proud to secure an Inclusive Talent Fund contract from the Greater London Authority to support people of colour into sustained employment. This was a highly competitive process, with more than 200 third-sector organisations applying and only tèn contracts awarded London-wide. Our success reflected both our delivery track record and the confidence placed in Acllon West London to work effectively with ￿mMunitIeS experiencing structural labour-market disadvantag8. This work complemented our d81ivery under the UK Shared Prosperity Fund In partnership with E81ing Council, ensurlng residents across the borough could access tailored, plac&based employment support. Soclal Impact and Perfomiance Alongside qualitative feedback and lived experience. Action West London Continues to monitor deltvery data to understand reach, outcomes and areas for improvement. An analytl¢ overview of activlty across boroughs and programmes highlights both scale and focus. Between April 2024 and March 2025. Action Wesl London recorded 307 project starts, with 33 short vocational courses ¢omplet8d. During this period, 258 ESOL engagements were delivered. supporting language development and integration, and 129 employment outcomes were achieved. Vocational training included CSCS. Customer Service and SIA courses, rellecting local labour-market demand and employer need. To demonstrate its impact. Action West London produced a three-year Social Impad Report covering the period April 2022 to March 2025. Over this period. the charity supported 1,622 project starts, delivered 537 vocational short courses, and support8d 650 individuals into employment. Th8 report provides a consolidated picture of the scale. reach and outcomes of our work and is intended to support engagement with funders, employers and public authorities. Demographic analysis highlights that most beneficiaries are of working age, with 73.5% aged be￿88n 21 and 35, and a fvrther 17,6 /0 under the age of 21. The organisation continues to work predominantly with men, who rnade up 77 /0 of beneficiaries, reflecting both local need and the trusted routes through which peop18 access supporl. Refugees. Asylum Sèekers and Incluslon Support for refugees and asylum seekers in Hayes and Hillingdon r8mained a core strand of our work. Through ESOL provision, employability support and practical guidance. we helped indlviduals navigate dally life in the UK while building confidence and pathways towards employment. This work is grounded in dignity and respect, recognislng both the challenges people face and the skills and resilience Ihey bring with them. Employer Partnershlps Action West London continues to work closely with employers who share our commitment to inclussve growth. Our partnership with SEGRO has remained a key part of our Job-brokerage activity, Supporting local residents into employment and demonstrating how responsible businesses can contribute to tsd(ling inequalty. Durlng the year, we also strengthened our relationship with McLar8n Constructlon, whose engagement has supported our employability and skills agenda. These partnerships are built on trust and shared valu8s rather than transactional relationships, and they play an important role in ensuring economic development delivers tangible Community benefit. Financial Context and Strateg1¢ Doclslons The trustees and senior18adership team have remained Clear-eyed about the financial context facing the charity. Funding has become increasingly Competitive. wsts have risen, and financial resilience across the sector has b88n under pressure. In response. Action West London has prloritised sound financial management, income diversification and careful risk management. During the year, a strategic decision was taken to proceed with th8 sale of the Doughnut Factory. While this asset has historic and emotional significance, it is no longer aligned with the charity's long-term strategic direcllon. Although the transaction has not yet ￿mpleted, the decision reflects a responsible approach to stewardship, aimed at strengthening the organisation's financial position, reducing risk and enabling greater focus on frontline delivery and future sustainability. ACTION WEST LONDON TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Govemance and Leadership Action West London continues to benefit from a committed and skilled Board of Trustees who provide effective oversight, challenge and support. Governance arrangements remaln robust, with appropriate financial controls, risk management and strategi¢ review in plac8. Trustees have worked closely wtth the senior leadership team throughout a demanding year. ensuring decisions are taken transparently and in the best interests of the charity and its beneficiaries. Looklng Ahead The challenges facing th8 communities we serve are unlikely to ease in the near term. Demand for support remains high. and the funding environment continues to be uncertain. However, Action West London enters the next year with a clear sense of purpose, strong partnerships and deep roots In the communities we serve. We will Continue to focus on Inclusiv8 employment, Community-led actlon and envlronmental responslbility, adapting wher8 necessary while remaining true to our mission. I would like to thank our stsff, twstees, volunteers, partners and funders for thelr commitment and resilience, and the communities we serve for their trust. It remains a privilege to lea(i Action West London. and l am proud of what has been achieved during a Challenging and impa¢tful year. Gary Buckley Chief Exocutlve 16 January 2026 ACTION WEST LONDON TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Structure, governance and management The Trust was incorporated on 6th Octob8r 1998 as a company limited by guarantee and adopted the status of registered charity on 9th De￿rnber 2003. It also operated under the name "Action Acton" and following a change of name on 2nd June 2015 now operates as "Action West London.. The company is govemed by its Memorandum and Articles of Association. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: D Anderson J Bryan E Harris M Snowden A G Coyne J Fernandes S Kèlly-scholte S Dharamsi D Forde (Appointed 8 November 2024) (Appointed 8 November 2024) Recruitment and appolntment of trustee$ The Board consists of not fewer than 3 and no more than 12 Trustees. The Board may appoint Twstees at any time at a meetlng or in writing. No person under the age of 18 may be appointed as a Trustee. None of the trustees has any beneficlal Inter8St in the Company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Retlrement of members of the Board At the third Appointment Board Meeting after hislher last appointment a Trust8e shall retire. He she shall be eligible for re-appointment by the Board. For the purposes of this (Article 24) a 'yearf' shall mean a complete period of service between Appointment Board Meetings. A Board of Trustees of up to 12 members, who meet quarterly, administer the Charity. A Chief Executive is appointed by the Trustees to manage the day-to-day operations of the Charity. There are no related parties within the definition in GL50 of SORP 2005, but the company works ck)sety with all the representative bodies referred to in the Memorandum and Articles of Association to achieve the companls objects. Trustees. Induction and Tralnlng New Trustees are appointed to Ihe Board who have Ihe ne￿ssary skills and knowledge to enable them to benefrt the Charity as a whole. They are briefed on their legal obligations under charity and Company law. the wntent of the Memorandum and Articles of Association. the committee and decision-making processes. the business plan and recenl financial performan￿ of the Charity. They a￿ encouraged to meet key employees and attend appropriate extemal training events wher8 these will facilitate the undertaking of their role. Action Wesl London makes good use of Trustee trdining opportunities provided by the Foundation for Social Improvement (FSI}. National Council for Voluntary Organisations {NCVO). Association of Chairs and other training bodies. Oversight and risk mitigation The trustees have assessed the major risks to which the charity is exposed. and are satisfied that systems are in place to mitigate exposure to Ihe major risks. ACTION WEST LONDON TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) ICONTINUÈDI FOR ThE YEAR ENDED 31 MARCH 2025 Rlik ffl111gatlon: Aelth Vl•s1 London ￿11 lTrcreas• the fiumb•r ol Grant 6ppllcaDong to Tru•tS and Foundatson*'. end will contsnue t¢ expond ii#'mlxed fundlny strattyV Io ger￿a￿ more Income Irom sourrns Such ctypora fvndlr4 donabong. 'P4ym•nt by rnsutt•' mod•l ￿trYI•$ lfih•r•nt rfbk• t••n orynnl•allon. lrtreastryly WO￿ LoThYon has to act U o ￿b￿ntr￿l0r which mèafts ¢h•i w• los•. 4round 15%.20% 01 th• eoftlrnci volu• lo Ihe Prfmfr conlrbEtor. Thls 15Yo -20% was pre￿OUSty our rn￿￿n b cover eorè c45ts 01 tho org8nisBtlon. We hAv• * ¢pernte Qn v•ry U9hl rglns Yknlth m•k•s P8R conlrncls inhor•ntly rlthy, Los• ol•xp•rl•no•d •tsfF. The short-lerrn ol co¥racl8 Ind Ihe ollen *ngihy'g•PS' b8lw•en bjnders lJsu1Tr3 ne* pr¢gramm8s and lenders meBrts that w• rtgularly lacè Ih dllemmè ol yo￿able. experienced slaff wheft endy and ttwrè new oontraei 4thi¢h could enabkn o￿linued empbymenL ReoruTrtlng and mointalnbng quahty •t•ff 6¥ • maior rfsk lo th• Chth. 'Rlik rn•n•o•m•nf ¢ontrol# lfi pla¢•. Actlon Wésl Londt)n TNsleè$ and 51aff w• th¥4M olthe challengès th• ChBrtty fae•$, and we hov* Govem8n¢• arrongementi In pl0￿. Th• B¢wd olm$ lo ensure th•1 Chority respoNls •ffecllv•ly lo the tlrtthmj1an￿ M laces, A¢tlon Wesl Land￿.9 res•rv•g ere lo covèr'cash tlth¥', other flrwtclal rlsk5 end polenllal annual dthdt•, Stswp•nt ￿ tsuil••s' M•pon•lbHlth• The Irusleej, who •re *180 the thrtetor• of ACTION WEST LONDDN lor the of corn￿ny lth¥. 8r• respon9iblt prepAriw the TN$￿$. Refv and the flnèftol41 sthiéments In •¢¢wdortè wlih *icable l•w enl Unrled Accounlln9 Standafds Ivnllod Klnfvn Generally A¢¢epledAccowbbng Prod5c•>. Cornp4ny Law iequlres the tru*l••s to prepart fhMn¢lal sl•tem•nts lor each Ih)8rniel y•w whkh give a tru• and 18 vlew ol Ihè &i•ie ol allalrs ol ihe chrdity and of the In￿nIng rescMtt¢ey ¢nd aP￿le4110Th ol re*L￿r¢•￿. Indudiry Income and tyNMure, ol the 5è1$ 01 Ihè chorty and herKe lakng rtasonth steps l¢t the pfevenllon ond dolectwi ol fraud and olhw lTh•oul8rlel•s The INI Q¥. report *as •PPfov•d by ihe Board of Tm51￿8 ond *ioned by AGC TN•l•• 16 January 2026 ACTION WEST LONDON INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ACTION WEST LONDON I report to the trustees on my examination of the financial statements of ACTION WEST LONDON (the charity} for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity (and also its diredors for the purposes of company law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity's financial ststements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under sedion 145(5)(b) of the Charities Act 2011. Independent examinerfs stalement Since the charity's gross Income exceeded £250,000, the independent examiner must b8 a member of a body listed in section 145 of the Charities Act 2011. 1 confirm that l am qualffied to undertake the examination because l am a member of the Association of Chartered Certified A¢countants, which is on8 of the listed bodies. I have completed my examination. l ¢onfimi that no matters have come to my attention in connection with the examinatlon giving m8 cause to believe that in any rnaterial respect: a¢¢ounting records were not kept in respect of th8 charity as required by section 386 of the Companies Act 2006. the financial statements do not accord wlth those records. or the financial statements do not compty with the accounting requirements of section 396 of the Companies Acl 2006 olher than any requ1￿ment that the financial statements give a true and fair view, which is nol a matter nsidered as part of an independent examination. or the financial ststements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporling by charities applicable to charities preparing their fin8ncial statements in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland (FRS 102). I have no Ixjncerns and have come across no other matters in conneclion with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements lo be reached. Shakil Ahmad FCCA Blackstones Accountancy Ltd 121 Vlol8t Avenue Hillingdon Middlesex UB8 3PT Dated.. 16.0/. zo ACTION WEST LONDON STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlcted Restricted funds funds 2025 202S Total Unrestrlctod Restrfcted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities Other trading aGlivities Investments 762 688.756 689.518 33,194 225,194 74.701 3.209 657.834 691,028 225,194 74,701 3,209 88.735 3.877 88,735 3,877 Total income 93.374 688.756 782,130 336,298 657,834 994,132 Expendlture on: Raising funds Charitsb18 adivities 108,597 104.737 108.597 716,190 135,993 179,124 135,993 947,569 611,453 768,445 Total expenditure 213,334 611.453 824.787 315,117 768,445 1.083,562 Net incom•l{expendlture) (119,960) 77.303 (42.657) 21,181 (110,611> (89,430) other re¢agnised galns and losses: Révaluation of tangible fixed assets (674.148) (125,852) (800.000) Net movemont in funds {794,108) {48,549) (842,657) 21,181 (110,611) (89,430) Reconciliation of funds: Fund balances at 1 April 2024 2,065.916 162,763 2.228,679 2,044,735 273.374 2.318,109 Fund balances at 31 March 2025 1.271,808 114.214 1,386,022 2.065,916 162,763 2.228.679 The stalement of financlal activities includes 811 gains and losses recognised in the year. All income and expenditure derive from continuing aclivities. ACTION WEST LONDON BALANCE SHEET ASAT 31 laARCH 2025 Xi2S 2024 Flx•d ••i•t¥ 13 968,829 1,765.867 •¥¥•l• D•btty• C•sh ¥1 bank in 14 321.332 113.506 197.174 ).483 434.838 487,657 Cr•dltorn: •rnount• l•lllng du• wlthlrt y•w 11S.4451 (24.84S1 N•t ¢urr•nt ••MI• 419,393 461812 T•t•l a*••ts l•B• ¢ury•ni Il•bllttl• 1.386,022 2.228.679 Th• fvnd¥ Dlth• ¢h•rlly R•8tricwd knrKIi Llnrostrktld lun 114,21 1,271.808 162.763 2,065.916 17 1.386.022 2,228.679 Th? compJny k8 •ntlllod *) lh• exemp￿Tr from Iho Judii rgquir¥m•nl C￿1￿1￿￿ In 477 pl tho COrTPW￿• Acl 2006, lor lh• ye¥r 8nded 31 frjarch 2025. dlr8d*y5 arknowlBdge thelr rwityJ*thiliiu for crryiylny wth Il* requhm?nts ol the Conwni•¥ kn120tX Ih wgspgct lo rncord8 armj th• pr•p•r•lK*n of frn•TKlo1 sl&l•monl&. Th& m•n*)ws rnwlrnd Ihv lo olMJin Jn wdil ol ith flMnclJl 8t4l•nx*nls IDr th• >*•r In qu•ul¥)n in •cry)r$J￿￿ty wlih 478_ Th8 finan¢k41 •lat• ts wgr• approved by th truJt••8 on 16 January 2026 AG¢0￿9 Company mlllsl r 03647635 (Englavvj •nd WJl•il ACTION WEST LONDON STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Notes Cash flows from operating aetlvltles Cash (absorbed byygenerated from operations 20 {177,157) 111,709 Investing activities Purchase of tangible fFxed assets Investrnenl income received (3,697) 3,877 (7.661) 3.209 Net cash generated froml(u5ed in) investlng actlvltle$ 180 (4.452> Net cash generated from flnan¢lng a¢tlvltles Net (decrease)lincrease in cash and cash equivalents {176.977) 107.257 Cash and cash equivalents at beginning of year 290.483 183,226 Cash and cash equlvalents at end of year 113,506 290,483 ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity infomiation ACTION WEST LONDON is a private company limited by guarantee incorporated in England and Wales. The registered office is Unit 9 Morris House, Swainson Road, Acton, London, W3 7UP. 1.1 Accountlng conventlon The financial statements have been prepared in accordance With the charitvs goveming document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities SORP "Accountlng and Reporting by Charities: Ststement of Recommended PractiGe applicable to charities preparing their accounts in accordance with the Financial Reporting Slandard appli¢able in th8 UK and Republic of Ireland (FRS 102)" The charity is a Public Benefit Entity as defined by FRS 102. The finan¢ial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are round8d to the nearest £. The financial statements have been prepared under the historical cost convention. modified to include Ihe revaluation of freehold properties and to include Investment properties and certaln financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concem At the tlme of approving the financial statements. the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going con¢em basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricted funds are subject to SP8cific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial ststements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the d)arity. 1.4 Income Sncome is recognised when the charity is legally entitled to it after any perfomance conditions have been met, the amounts can be measured reliably, and it is probable that income wlll be received. Cash donations are recognised on receipt. Other donalions are recognised once the charity has b88n notified of the donation, unless performance conditions require defe￿al of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacles are recognlsed on receipt or otherwlse rf the charity has b88n notified of an impending dlstribution, the amount is known, and receipl is expected. If the amount is not known, the legacy is treated as a contingent asset. 10- ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Contlnued) 1.5 Expendlture Expenditure is recognised once there is a legal or constructive obligation to transfer e¢onomic benefit to third party, il is probable that a transfer of economic benefits will be required in setuement, and the amount of the obligation can be measured r81iably. Expenditur8 is classified by activity. The Costs of each activity are made up of the total of direct costs and shared costs, including support costs Involved in undertaklng each a¢tlvlty. Direct costs attributable to a slngle aclivity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned be￿een those adivities on a basis consistent with the use of resources. Central staff costs are all¢xated on the basis of time spent. and depreciation Charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequenlly measured at cost or valuation, net of depreciation and any Impaiment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases- Freehold land and buildings Leasehold improvements Fixlur8s and fittings Computers NIA Written off on a straight line basis 150/0 Reducing balance 150/0 Reducing balance The gain or loss arislng on the disposal of an asset is determined as the dlffer8nce between the sale pro¢eeds and the carying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalrnient of fixed assets At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to detem)ine the extenl of the impalmient loss (rf any). 1.8 Cash and Cash equlvalents Cash and ¢ash equivalents include Cash in hand, deposits held at call with banks, other short-term liquid inveslments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowlngs in current liabilities. 1.9 Finan¢lal Instruments The charlty has elected to apply the provlslons of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instrum8nts. Financial instruments are recognised in the chari￿s balance sheet when the charity becomes party to the contraclual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, wh8n there is a legally enforceable right to set off the recognised amounts and there is an int8ntion to settle on a net basis or to realise the asset and settle the liability simultaneously. 11 ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles (Continued) Basic financAal assets Basic financial assets. which include debtors and cash and bank balances. are initially measured at transaction price including transaction costs and are subsequently carried al amortised cost using the effective interest method unless the a￿angement consts"tutes a financing transaction. where the transaction is measured at the present value of the future receipts discounted al a market rate of interest. Financial assets classified as receivable within one year ar8 not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are inltlally recognised at transaction price unless the arrangement conslitutes a financing transadion, where the debt instrument is measured at the present value of th8 future paym8nts discounted at a market rate of interest. Flnancial liabilities Classified as payable within one year are not amortlsed. Debt instwments are subsequently carri8d at amortlsed cost. using the effective Interest rat8 method. Trade creditors are obligations to pay for goods or seNic8s that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as Current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade Creditors are recognised initially at transaction pri￿ and subsequently measured at amortised cost using the effective Interest method. Derecognition of flnanclal Ilabllftles Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or Cancelled. 1.10 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Temiinalion benefits a￿ recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide tennination benefits. Critical accounting estimates and judgements In the application of the charity's accounting policies. the trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are re¢ogni$8d in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. 12- ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donatlons and legacies Unrostrided Restricted funds funds 2025 2025 Total Unr•strl¢ted Restrict•d funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants 762 762 688,758 2.156 31.038 2,156 688,872 688.756 657,834 762 688,756 689.518 33,194 657.834 691,028 Donations and gifts Donation and gifts from indtviduals 762 762 2,156 2,156 762 762 2,156 2,156 Grants Other grant income Other restricted grant 31,038 31,038 657,834 688,756 688,756 657,834 688,756 688,756 31,038 657,834 688,872 Income from charftable actfvities Unrestrlcted Other PBR Unrestrlcted Contracts Income Income 2024 Total 2024 2024 Payment by results ￿ntracts other income 220,000 220,000 5,194 5,194 220,000 5,194 225,194 Anatysls by fund Unrestricted funds 220,000 5.194 225,194 13- ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from other trading activities Unrestri¢ted Unrestricted funds funds 2025 2024 Other income 88,735 74,701 Income from Investments Unrestricted Unrestricted funds funds 2025 2024 Interest receivable 3,877 3,209 Expendilure on ralsing funds Unrestrlcted Unrestrlcted funds funds 2025 2024 Fundraising and publlclty other fundraising costs Staff costs Support costs 20,374 50,500 37,723 52,856 48,448 34,689 108.597 135,993 14- r(NO L(> C OLnr ¢00 > 0> ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Net movement in funds 2025 2024 The net movement in funds is stated after ¢hargingl(credlting): Fees payable for tha independent examination of the ¢harity'S financial statements Depreciation of owned tangible fixed assets 5,500 2,935 5.500 3.525 10 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the year. In the prior financial year 2024 one of the trustees, Mr A Coyne was paid £35.000 for providing consultancy servlces. No other trustees (or any persons connected with th8m) received any other remuneration, fees or benefits from the Charity during the year. This transaction has also been disclosed under note 19.. Related party transactions. 11 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number General Project stsff 18 Total 12 21 Employment ¢osts 2025 2024 Wages and salaries S(xial security costs 460.147 64,343 661,420 64.343 524.490 725,763 The key management personnel of the ¢harity comprise the Chief Executive, the Finance & Facilities manager and the Operations and Business Development Manager. The total remuneration and employee benefits of the key management personnel of the charity are £164,412 (2024- £168.500). There was 1 employee during th8 period whose annual remuneration was more than £60,000. 12 Taxatlon The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to th8 extent that these are applied to its charitable objects. 16 ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Tangible r￿ed assets Freehold land L•a$ohold Fixtures and and bulldings Improvements fittlngs Comput•rJ Totsl Cost Al 1 April 2024 Additions Revaluation 1,750.000 47,351 62,267 3.697 169.047 2.028.665 3,697 {800,000) (800,000) At 31 March 2025 950,000 47,351 65,964 169,047 1.232,362 Depreciatlon and Impairment At 1 April 2024 Depreciation charged in the year 47.351 57,668 157,779 2,935 262,798 2,935 At 31 March 2025 47,351 57,668 160.714 265,733 Carylng amount At 31 March 2025 950,000 8,296 8.333 966,629 At 31 March 2024 1.750,000 12,260 3,607 1,765,867 The ¢arying value of land included in land and buildings comprises: 2025 2024 Freehold 950.000 1,750.000 14 Debtors 2025 2024 Amounts falling due wlthin one year: Other debtors Prepayments and accrued income 307,005 14,327 182.290 14.884 321,332 197.174 17- ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Creditors: amounts falling due within one year 2025 2024 Other taxation and soclal security Trade creditors Other creditors Accruals and deferred income 17.415 1.895 735 4,800 10,226 419 4,800 16,445 24,845 16 Restricted funds The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll 2024 Incoming resources Resources expended Gains and At 31 March 10$s98 2025 Income fund Freehold propety revaluation reseNe 36.911 688.756 (611.453) 114,214 125.852 (125,852) 162,763 688.756 1611,453) 114,214 Previous year: At 1 Aprll 2023 Incoming resources Resources expended Galns and At 31 March losses 2024 Income fund Freehold prop8rty revaluatlon reserve 147.522 657,834 {768.445) 36,911 125,852 125,852 273,374 657.834 (768,445) 162,763 18- ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 17 Unrostricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 Aprfl 2024 Incoming resources Resources expended Galns and At 31 March losses 2025 General fund Designated fund Freehold property revalualion reserve 397,718 50,000 93,374 (213.334) 277.758 50.000 1.618,198 {674,148) 944,050 2.065,916 93,374 {213,334) (674,148) 1,271,808 Previous year: At 1 Aprll 2023 Incoming resources Resources oxpend8d Galns and At 31 March losses 2024 General fund Designated fund Freehold propety revaluation reserve 376,537 50.000 336,298 (315,117) 397,718 50,000 1.618,198 1,618,198 2.044.735 336.298 (315.117) 2,085,916 18 Analysis of net assets between funds Unrestricted funds 2025 Restricted funds 2025 Total 2025 At 31 March 2025: Tangible assets Cu￿ent assets/(liabilities) 966.629 305.179 966,629 419,393 114.214 1,271,808 114.214 1,386,022 19- ACTION WEST LONDON NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 18 Analysis of net assets between funds (Continued) Unrestrlcted funds 2024 Restrlcted funds 2024 Totsl 2024 At 31 March 2024: Tangible assets Current assetsl{liabilities) 1,640,015 425,901 125,852 36.911 1.765,867 462,812 2,065,916 162,763 2,228,679 19 Rolat•d party transactions There were no disclosable related paty transadions during the year. In the prior financial year 2024 one of th8 trustees, Mr A Coyne was paid £35.000 for providing Consultancy services. This transaction has also been disclosed under note 10: Trustees. 20 Cash (absorbed by)Igenerated from operatlons 2025 2024 Deficit for the year {42,657) (89,4291 Adjuslmonts for: Investrnent income re¢ognised in statement of financial activitles Depreciation and impaimient of tangible fixed assets (3,877) 2,935 (3,209} 3.524 Movèments In working capital: {Increase)Idecrease in debtors {Decrease) In ￿editOrS (124,158) (9,400) 219,079 {18,256) Cash (absorbed by)Igenerated from operatlons (177,157) 111,709 21 Analysis of Changes In net funds Th8 charity had no material debt during the year. -20-