# **IMPACT REPORT** 

Year ended: 30 April 2025 

Globe Community Project Company number: 04992627 Charity reg: 1104770 

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## **Contents** 

||**01**<br>Message from our Chair<br>4|
|---|---|
||**02**<br>Our mission<br>6|
||**03**<br>Our aims<br>6|
||**04**<br>Statement of public benefit<br>7|
||**05**<br>Impact summary<br>8|
||**06**<br>Touching Safe Ground<br>10|
||**07**<br>Wellbeing for Over 60s<br>16|
||**08**<br>How we measure our impact<br>20|
||**09**<br>Your support, and how we used it<br>21|
||**10**<br>Thank you<br>23|
||**11**<br>Financial statements<br>24|
||**12**<br>Financial review<br>34|
||**13**<br>Reserves and risk management<br>35|
||**14**<br>Governance and management<br>36|
||**15**<br>Report of the Independent Examiner<br>38|



3 

## **01 Message from our Chair** 

This year, Globe Community Project (GCP) entered its second year of transforming loneliness into connection among isolated people and under-served groups, in and around Tower Hamlets. Our devoted trustees, committed staff, passionate volunteers and supportive funders have grown our income by 66%, expanded our staff team, and reached almost twice as many people as last year through focussing on our mission. 

We are delighted to have provided direct, long term transformational support to 287 people, which equates to a 92% increase on last year. Having identified eight loneliness hotspots across Tower Hamlets, we targeted everything we do towards those areas, making sure our support is felt where it is needed the most. 

We welcomed Mohammed Kenawi as our Projects & Operations Officer, as part of a wider investment into our operations, financial management, monitoring and evaluation processes. We also welcomed Lucy Rix as our Touching Safe Ground Outreach Lead, enabling us to reach more refugee women and their children. Lucy has galvanised a team of over 12 volunteers to support us across our projects and core operations. 

The Touching Safe Ground project reached more refugee and migrant women than ever before, as well as many of their infant and school-aged children. We thank the generous support of London Community Foundation for contributing to the pilot of a second weekly session of gentle bodywork and English at a local asylum hostel, as well as a homework club for refugee children. On top of this, we partnered with the Community Sauna Baths in Hackney providing free post-yoga sauna sessions for the women. Alongside these new initiatives, we continued to provide Easter and summer holiday activities at the Canal Club Community Garden, Christmas activities, toys and presents, and trips to local galleries, museums and nature sites. 

A growing facilitator pool allowed us to expand the Wellbeing for Over 60s project this year. We were sad to say goodbye to Vijayacitta. We welcomed Dhinita and Supaksini to work alongside facilitator Vimoksini. Their work with qualified interpreter Sabekul Naher helped us to better reach older Bangladeshi people. 

We significantly increased our ability to reach older men and have carried out research to further support this. We also created many new partnerships with community groups, health centres and housing associations, enabling us to reach areas and groups at particular risk of isolation. These included Tower Hamlets Carers Centre, Ocean Regeneration Trust, XX Place Health Centre, the Bow Geezer’s Club, Sonali Gardens, Toynbee Hall and Poplar Harca. We thank volunteer Timothy Mweemba, who generously offered his time to support operations and events, conduct research and contribute valuable ideas and suggestions. 

Listening to and learning from the people we serve was a top priority this year. We ran new co-design activities and forums for our ‘experts by experience,’ which have been the foundation for growth in our programmes. The people that we serve have suggested new areas and activities, refined promotional materials and pushed us to work harder to reach the most isolated in our communities. 

We thank volunteer Tom Elliott, who assisted our financial management and was shortlisted for Volunteer of the Year at the Voluntary and Community Sector Awards. We also thank global law firm Dentons for continuing to provide expert pro-bono support. The Tower Hamlets Minority Ethnic Trustees onto Boards programme helped us to welcome two new trustees, Funmi Ayorinde and Kiki Michaelidou. I thank current and former board members for their generosity of time, skills and expertise in steering GCP to enhance the charity’s capability in improving the lives of more people experiencing loneliness and isolation in our local area. 

Thank you to everyone who took part in our projects, shared skills, time, grants or donations, or showed interest in our work. 

Together, we transform loneliness into connection across Tower Hamlets. 

## Lily Wong Le 

Chair of the Board of Trustees 

**Lily Wong Le** 

**4** 

**5** 

## **02 Our mission** 

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_To transform loneliness into connection among isolated people and under-served groups in and around Tower Hamlets._ 

**03 Our aims** 

To **promote the benefit of local people,** by involving them in a common effort to enhance education, and to provide facilities in the interest of social welfare, recreation and leisure occupations, with the object of improving the quality of life for those in the local area. 

To **provide access** to a wide range of **cultural, educational, physical, social and artistic activities** that will act as a vehicle and motivator to develop actual and transferable skills for people of all ages from childhood up. 

To **encourage interaction** among people of different ages and **social and ethnic groups** within the community through the medium of arts and other activities and to **encourage the growth of the imagination, self-expression, clear communication and health and wellbeing** of participants. 

The broad objects of the charity as stated in our governing document are: “To promote the benefit of the inhabitants of Globe Town, Tower Hamlets and surrounding areas, by associating together with inhabitants and sometimes including the local authorities, voluntary and other organisations, in a common effort to enhance education and to provide facilities in the interests of social welfare, recreation and leisure occupation, with the object of improving the conditions of life for the said inhabitants.” 

**Touching Safe Ground** responds to social isolation, disorientation and low wellbeing experienced by newly-arrived women migrants and asylum seekers. 

**Wellbeing for Over 60s** is designed to enhance support for the high proportion of older residents in our borough who experience social isolation, poor mental health or low wellbeing. 

Our projects are designed to respond to some of the most pressing needs in Tower Hamlets, and  provide access to social connection alongside specialist, tailored wellbeing education, providing long term support and new skills to manage and enhance their personal and social wellbeing. 

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## **04 Statement of public benefit** 

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**In setting our objectives and planning our activities, our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.** 

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**7** 

## **05 Impact Summary** 

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**287** 

people received in-depth support for up to 48 sessions. 

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## **Safe space for refugee & migrant women** 

164 refugee and migrant women and children supported 

**89%** 

reported improved sense of community and belonging 

**86%** 

reported increased confidence, self-esteem and resilience 

**79%** reported improved mental health and wellbeing 

**8** 

## **Bringing joy, friendship and new skills to lonely older people** 

123 older people at risk of loneliness and isolation supported 

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After Level 1 course:<br>85% 100% 100%<br>had better  saw improvements  improved their<br>wellbeing overall to the existing  resilience<br>relationships in<br>their lives<br>80% 70%<br>had better  connected with<br>knowledge of  or stayed in touch<br>spaces, activities  with people they’d<br>and services they  met on the course<br>need and want<br>**----- End of picture text -----**<br>


**After Level 2 course:** 

**100% 100% 100% 100%** further increased were better able felt more able to had a support their resilience to appreciate the turn towards the network in place good things in life topics of death and and felt able to dying, and discuss maintain the gains them with others they’d made 

**9** 

## **06 Touching Safe Ground** 

## **Overview** 

Touching Safe Ground provides newly-arrived refugee and migrant women who have suffered trauma with wellbeing and English language tools. Our twice weekly service offers traumainformed yoga integrated with English language learning, providing a safe space for rest, care, social connection and learning, supported by a creche for mums. We also provide a homework club for refugee children. 

## **Who we helped** 

We supported 112 women, 14 children at homework club, and 38 babies, infants and children. Some experience the repeated threat of deportation. Three quarters of the women were asylum seekers with experience of fleeing war, gender-based violence and/or multiple human rights abuses. About half were single mums, some had been trafficked, and others exploited by traffickers on their way to the UK. Many sustained injuries on the journey. The women and children we supported came from 30 different countries. 

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ALBANIA<br>GEORGIA AZERBAIJAN<br>AFGHANISTAN<br>PALESTINE (GAZA)<br>HONG KONG<br>BANGLADESH<br>ERITREA<br>**----- End of picture text -----**<br>


## **Countries of origin** 

Afghanistan, Albania, Algeria, Angola, Azerbaijan, Bangladesh, Brazil, China, Eritrea, Ethiopia, Gaza, Palestine, Georgia, Ghana, Honduras, Hong Kong, Iran, Iraq, Mexico, Namibia, Nicaragua, Nigeria, Pakistan, Peru, Russia, Saudi Arabia, Sierra Leone, Somalia, Syria, Turkey, Ukraine 

HONDURAS 

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SIERRA LEONE<br>**----- End of picture text -----**<br>


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## **What we delivered** 

- **51 gentle yoga and English** for wellbeing sessions 

- **7 homework club** sessions 

- **4 summer activity** sessions 

- **2 spring activity** sessions 

- **Easter egg hunt / Eid al Fitr festival** at Bethnal Green Nature Reserve 

- **1 shared dinner** with the local community 

- **Holistic health acupuncture** and craniosacral appointments 

- **Visit to Whitechapel Gallery** to see exhibition by Brazilian artist Lygia Clark 

- **Visit to the Young V&A** with special tour 

- **Christmas party** 

- **Group visit** to Stratford Community Sauna 

- **Weekly provision of donated clothing** thanks to Lama’s Pyjamas charity shop 

- **Healthy snacks** including lots of fresh fruit and a cuppa each week 

- **Coordinated donations** of food, Christmas cards and gifts 

_Nina, with a drawing of her home before it was bombed_ 

## **Case study: Nina** 

_Nina is a 79-year-old Ukrainian grandmother. She escaped to London in April 2022 after a 3-week wait at the Moldovian border. Her house was destroyed in a Russian missile attack._ 

I think of Ukraine all the time, I am not sleeping, my mind goes round and round. I get up most nights and do housework. I take sleeping pills after a night with only two hours sleep. It’s not good. 

I miss Odessa, I miss my home, so much of my country has been damaged. Bomb, bomb, bomb. I miss the people my age, my friends, my neighbours. My house is bombed. It’s only eight minutes from the Black Sea, nine months of sunshine, two hours from London by plane. But it’s a different world, very dangerous now. Bombing. 

At least I have my daughter and granddaughter with me in London, but the young people are so busy working. I come to yoga every week - it helps me mentally and physically. I feel more positive and I meet people, this is very important. I love the community sauna when we go together after yoga - it helps my back pain. I was walking with a stick two years ago, now I can walk OK. The yoga on Wednesdays helped a lot; it’s very important to keep moving. 

I speak more English now because we practice in the group, and I met my very good friend Amina* from Uzbekistan there. We are in touch every day, with phone and messages. We meet and go to the supermarket together. 

It’s through the yoga and English on Wednesdays that I found the local church group for Ukranians. Someone took me there and introduced me. We cook and eat Ukranian food together and talk my language. 

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## **Case study: Khadija*** 

_Khadijya was born in Bangladesh, became a teacher and married a Rohingya man. Her husband is from a stateless, mainly Muslim group with a long history of discrimination and persecution by the Burmese military, culminating in genocide with more than a million Rohingya fleeing in the past decade. They have a five-year-old daughter and a threeand-a-half-year-old son, both born in London._ 

When I arrived here I was in shock. It was the worst time in my life. It was Covid time and my son was born and we were stuck in one room. We were moved 5 times before we were placed near the doctor’s surgery where the Touching Safe Ground group meets. I was very depressed and forgetting everything all the time. Even now my husband has to meet me at the station because I may not remember where I live. 

Where I’ve been moved now - Ilford - I know no one; it is really hard to speak to strangers just like that. We were moved here by the Home Office. We’re new to England and to English and not everyone wants us here. We can’t just go up to people and make friends. I live on a road with other Bangladeshi people too but we don’t meet, talk, we don’t have a way to come together. 

Without my bigger ‘family’ here at the Wednesday group I don’t know what I’d do. I can meet lots of people, it opens up another world. We share lots of feelings, it’s very good to talk together, we feel the space is safe and we feel the trust that has been built up. 

Otherwise I stay at home and feel bored, alone with my problems and depressed. 

When I come to yoga I see different women and I see everyone has problems, some more serious than mine. So I am not alone. I have high blood 

pressure now because of all the stress, and diabetes too, and being here helps. I start to feel better. We come to yoga and we feel relaxed and free. The time goes very quickly, we see familiar faces and there’s the WhatsApp group so we can message between sessions, and if we want, 1:1. It’s good to stay connected. I see the changes. More belonging, more community, more wellbeing for all of us. 

Yoga works slowly. It’s not like antibiotics which work fast. Yoga changes our wellbeing for the long term. If you keep coming, things improve more. Real change comes gradually. It builds. 

On the trips we learn so much, you can learn loads of things for mind and brain, it compliments the yoga for the body. Most of us don’t know these places or things. We get good energy for all day and the next day too. For example at Kew we learnt what a greenhouse is - I never knew, we don’t have them where I come from, we don’t need them. It’s the first time I see this new thing. And we saw beautiful things, I was so happy. 

*** Names changed to protect identities** 

## **Successes** 

Impact data continued to show this project is having strong impact and meeting its objectives: 

89% report improved sense of **89%** community and belonging 86% report improved **86%** confidence and self-esteem 80% report improvements **80%** in physical health O 

79% report improvements in mental health and wellbeing 

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Launched a second weekly session at a local asylum hostel, reaching more women, many with significant barriers to participation, than previously 

Launched our homework club for refugee children needing extra support 

Took part in East London Business Association’s Christmas Toy Appeal, providing gifts and cards for the children 

Partnered with Stratford Community Sauna, part of the Community Sauna Baths group 

Partnered with the local Coop on Cambridge Heath Road and Lama’s Pyjamas charity shop to provide nutritious food and regular donations of warm clothes. 

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## **Case study: Aziz*** 

_Aziz is five years old, and he comes from Afghanistan. He has been coming to homework club since it started in March 2025._ 

Aziz comes to homework club every week and displays huge enthusiasm. He has autism, and although he wasn’t yet able to use his own words to describe why he enjoys the club, his mother says she knows he loves coming because, every day after school, he asks if it is homework club, and always wants to run down to the classroom. Aziz is an incredible artist and loves drawing and painting, as well as cutting shapes out of paper. The club has given much-needed positive feedback for both Aziz and his 

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Aziz* and his artwork<br>**----- End of picture text -----**<br>


mother, building his confidence. Volunteer Saada, who has worked with him for several weeks, says “he’s starting to understand basic maths and has already completed a maths workbook.” Aziz also gets stuck into other activities, especially making slime, clay and painting. His mum says, “He loves homework club and he really enjoyed the party last week. It is some time where we are very happy because I can do yoga and talk to friends [whilst Aziz is at homework club]. Otherwise we are all so busy in our stressful lives waiting for our visa. Every day Aziz asks me when is homework club. Even if he is not feeling very well he does not want to miss homework club!” 

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Saada helps Aziz with his workbook<br>**----- End of picture text -----**<br>


*** Names changed to protect identities** 

## **Funders** 

13 

_Stretching out tension_ 

_“Before I came, I was feeling lonely. Now I feel supported, and more confident.”_ **Amina, Uzbekistan** 

_Birds fly free at homework club_ 

_Our first trip to Stratford Community Sauna_ 

1414 

_“It has really helped me feel that I belong somewhere away from home. My mental health has improved and I love everything that the team is doing and the support.”_ 

**Tamaylah, Namibia** 

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Visiting the Young V&A<br>**----- End of picture text -----**<br>


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* > bo eat ix bs, 7 “a = ¥e<br>=<br>Visiting the Bethnal Green nature reserve “2 cal SeSo,im HeSome \ ae©ae oisA<br>**----- End of picture text -----**<br>


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1:1 time at homework club<br>**----- End of picture text -----**<br>


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A helping hand to finish the masterpiece<br>**----- End of picture text -----**<br>


_“I am waiting to come here, is my new happy experience. I can feel your kindness in everything.”_ 

**Luiza, Brazil** 

**15** 

**15** 

## **07 Wellbeing for Over 60s** 

## **Overview** 

This project supports older people at risk of loneliness and isolation with six-week wellbeing courses. Participants explore later life’s benefits and disadvantages, how to manage negative thoughts, and get the chance to socialise, while building skills to develop and maintain connection, including active listening, boosting selfesteem and sharing stories. 

## **Who we helped** 

## **123** 

older people at risk of loneliness and isolation[1 ] 

|**Loneliness associative factors**|**Loneliness associative factors**|
|---|---|
|Low income|78%|
|Experiencing life changes|49%|
|Physical or mental health condition|42%|
|Single / live alone|40%|
|Have experienced prejudice/<br>felt different to others|27%|
|Deaf or disabled|27%|
|Carer|15%|
|New to London|1%|



Participants faced a combination of factors linked to loneliness including low income, disability, sensory impairment, mobility issues, chronic illness, mild mental illness, bereavement, widowhood, and living alone. 

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## **What we delivered** 

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**Age*:** 45-54: 6 55-64: 46 65-74: 42 75-84: 22 85 and over: 7 **Total: 123** 

- 8 x Level 1 courses 

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- 1 x Level 2 course 

- 1 x Wellbeing Day 

- 1 x follow-on course 

- 4 x steering group and co-design sessions 

- Over 500 participant engagements through calls and message exchanges 

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**Sex*:** Female: 77 Male: 46 **Total: 123** 

- 85 assisted transport journeys to enable 10 participants to access sessions 

1While we reached a total of 154 older people, and we believe people can benefit from even one session, the 123 counted here are those who either attended a day event, or came to 2 or more sessions of the Wellbeing for Over 60s course. 

16 

## **Where we worked** 

Map of Tower Hamlets: 

Bow East GCP 

Bethnal Green Bow West North GCP GCP Mile End Weavers & Globe Bethnal Green Town South Bromley-by-Bow Mile End Spitalfields East & Banglatown GCP St Dunstan’s Whitechapel & Stepney Green East India & Lansbury | re 6s6 GCP Limehouse Shadwell GCP e 7k x)t, St Katherine’s i & Wapping aweMe GCP 771Me GCP 

Each logo represents one of our 8 priority areas, a loneliness hotspot. 

Blackwell Millwall & Cubitt Town 

## **Case study: Yasmeen** 

I feel more confident about myself. When people asked me something I would always say ‘yes’, but now I can more easily say ‘no’ when people asked me something and I don’t want to do it. The other day I said ‘no’ to my close friend. I always go to her place and she asked me when I was going to come again, but this time I said ‘no’ I don’t want to come to your place, you can come to mine. And she did. It felt good. I really enjoyed the course. I liked listening to everyone and to hear what everyone shared about themselves. I learned how to share more about myself. It felt good to share more about myself. I came to this course every week although my body felt very achy. I’m now able to do more things even when I feel low and depressed. 

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## **Case study: Ricky** 

I have been off work with stress because of a work incident. This course has 

helped me not to see myself so much as a victim, I can help myself.  It has also helped ease my pain about it. It has helped me focus on being able to do things differently and has also been calming when I have felt stressed.  I don’t always remember things from the week before but I think it goes in a bit, and I’m different.  I like being in a group - I take away a bit of what everyone says. I’m thinking more about moving out of the comfort zone and taking risks. New things are always scary for me but I am trying now. I have been going to a new community centre and  meeting new people at a lunchtime club. I sat with a woman and we really talked, we had things in common and I felt that I could talk to her, this is new. 

_“The best thing about this course was being able to feel relaxed with people I have never met before.”_ 

## **Our impact[2]** 

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85% 85%<br>of participants  increased their<br>reported better  psychological<br>overall wellbeing  resilience<br>**----- End of picture text -----**<br>


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81%<br>**----- End of picture text -----**<br>


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81%<br>**----- End of picture text -----**<br>


experienced had increased increased high know-how to access quality connection spaces, services and with others activities they need 

_“Since Level 2, I have been going out more.”_ 

## **Clonel** 

## **Ami** 

## **Case study: Rokeya** 

I am 63 years old, and I wanted to do this course to learn to keep my mind fresh and healthy. I’ve learned a lot, and I understand more about myself. I learned a lot about how to be more confident and kind to myself. I also feel that I share more about myself with my children and the women here. I feel very happy that I came to this course. I knew most women here but I didn’t know everyone well. Now I feel that I got to know some of the women here better and I have talked with more women outside this course. My mind feels fresh and more relaxed. 

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2Sample size, 120 people. We succeeded in capturing pre-course data for 147 participants, and both pre- and post-course data for 120 participants. 

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## **Successes** 

## **Funders** 

Held our first ever co-designed activity; a bus tour planned and organised by the steering group, attended by 25 people. Booking out within 24 hours, it showed that co-design really does work! 

Held our first ever men’s course, in partnership with the Bow Geezer’s Club. 

Completed further, volunteer-led research on the wellbeing of older men, how they interact with our programme, and how we can better reach them. 

Held our first ever interpreter-supported course for older Bangladeshi women. 

_“I like coming to the course because I feel lonely at home. I like us learning from each other, with different ideas. Thinking positive, not negative, good for mental health”_ 

**Primla** 

_Prima shares her wedding photo_ 

_“It’s taught me to listen rather than of thinking of what to say next.”_ 

## **Alan** 

_“Since Level 1, I have joined a coffee morning, an exercise group and a walking group.”_ 

## **Shefah** 

_The Bow Geezers at our first ever course for older men_ 

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## **08 How we measure impact** 

## **To measure our impact we use a combination of methods:** 

- gathering quantitative data on attendance at activities, 

- collecting baseline data on the area of health or wellbeing we’re seeking to improve, then checking scores at the end of activities, 

- collating case studies which give insights into the lives of those we work with, and how our support is meeting them, 

- conducting in-depth interviews with some participants across each project, 

- documenting activities with photographs and video, where this is appropriate, 

- asking people’s informed consent to share their words or any images of them. 

We don’t calculate data on what academic course providers call ‘retention,’ as this would be a poor measure of impact or outcomes when working with participants facing multiple barriers to attending sessions. For example, at times a newly-arrived woman seeking asylum may need to care for a child or sick relative, attend health and immigration appointments, or feel too disoriented and overwhelmed to leave her accommodation. But despite missing a session or two, she continues to attend. Or, somebody may attend every week for 12 weeks, then be moved to a different area. Isolated older participants often have sensory impairments, disabilities, and health appointments which can hamper attendance. 

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## **09 Your support, and how we used it** 

## **How you gave** 

## **2025** Total £206,387 

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Trusts & foundations £128,774 

Government & public institutions £59,903 

Donations £13,572 

Rental and other income £263 

Investments £2,761 

Gift Aid £1,114 

## **2024** Total £124,850 

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Trusts & foundations £54,138 

Government & public institutions £63,348 

Donations £2,349 

Rental and other income £3,150 

Investments £544 

Gift Aid £1,321 

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## **How we used the money** 

## **2025** Total £176,077 

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Staff costs: £63,642 

Project delivery: £81,217 Monitoring & evaluation: £0 Administration & finance: £1,209 Governance: £1,663 Office rent & costs: £20,368 Fundraising: £7,978 

## **2024** Total £68,330 

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Staff costs: £27,674 Project delivery: £24,734 Monitoring & evaluation: £3,190 Administration & finance: £1,019 Governance: £1,033 Office rent & costs: £6,253 Fundraising: £4,427 

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## **10 Thank you** 

For being part of the local community and uniting to create positive change for the people who need it most. 

To each of our individual supporters. Your donations not only provide the material support to keep our work going, but they show we are not alone in our vision, and that the desire to see more and more connection, creativity and cohesion inspires you too. 

To Anna Chabrelie, Zanita Rubens and Sam Kemp of Dentons law firm, for your expert guidance in ensuring that various aspects of our operations are compliant. 

To the trusts, foundations, institutions and companies which have generously supported us this year: 

- Barchester’s Charitable Foundation 

- City Bridge Foundation, the funding arm of the City of London Corporation’s charity, Bridge House Estates 

- Foyle Foundation 

- GSK Community Health Programme Award 

- Henry Smith Charity 

- Hilden Charitable Fund 

- London Borough of Tower Hamlets, Mayor’s Community Grants Programme 

- London Churches Refugee Fund 

- London Community Foundation 

- Mrs Smith & Mount Charitable Trust 

- Rook Irwin Sweeney 

- Postcode Society Trust - Players of People’s Postcode Lottery 

- SD Estates 

- Sport England 

- The Albert Hunt Trust 

- Wakefield & Tetley Trust 

- Plus one further Trust which wishes to remain anonymous 

To St Margaret’s House for being so much more than the building which houses our office. We greatly appreciate all the opportunities for networking, support and friendship. 

To our designer Alex Keating for helping us communicate the impact of our work - and making it look beautiful. 

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**11 Financial statements** 

## **Globe Community Project** 

**Statement of financial activities** (incorporating an income and expenditure account) 

## **For the year ended 30 April 2025** 

|Note<br>**Income from:**<br>2<br>3<br>4<br>5<br>5<br>6<br>**Reconciliation of funds:**<br>14a<br>Note<br>**Income from:**<br>3<br>4<br>5<br>5<br>6<br>**Reconciliation of funds:**<br>14b<br>Raising funds<br>Total funds brought forward<br>**Net income/(expenditure) for the year**<br>**Total funds carried forward**<br>**Prior year**<br>Other trading activities<br>Donations<br>Charitable activities<br>Grants<br>**Total income**<br>**Expenditure on:**<br>Investments<br>**Total expenditure**<br>Charitable activities<br>Fundraising event<br>Raising funds<br>**Total income**<br>**Expenditure on:**<br>Investments<br>**Current year**<br>Donations<br>Charitable activities<br>Other trading activities<br>Grants<br>**Total funds carried forward**<br>Charitable activities<br>**Total expenditure**<br>**Net income for the year**<br>Total funds brought forward|Unrestricted<br>Restricted<br>£<br>£<br>5,867<br>2,979<br>41,000<br>147,677<br>-<br>5,840<br>263<br>-<br>2,761<br>-|**2025**<br>**Total**<br>**£**<br>**8,846**<br>**188,677**<br>**5,840**<br>**263**<br>**2,761**|
|---|---|---|
||49,891<br>156,496|**206,387**|
||-<br>7,978<br>19,352<br>148,747|**7,978**<br>**168,099**|
||19,352<br>156,725|**176,077**|
||30,539<br>(229)<br>10,620<br>57,109|**30,310**<br>**67,729**|
||41,159<br>56,880|**98,039**|
||Unrestricted<br>Restricted<br>£<br>£<br>3,670<br>-<br>-<br>117,486<br>3,150<br>-<br>544<br>-|2024<br>Total<br>£<br>3,670<br>117,486<br>3,150<br>544|
||7,364<br>117,486|124,850|
||459<br>3,968<br>-<br>63,903|4,427<br>63,903|
||459<br>67,871|68,330|
||6,905<br>49,615<br>3,715<br>7,494|56,520<br>11,209|
||10,620<br>57,109|67,729|



All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above.   Movements in funds are disclosed in Note 14 to the financial statements. 

24 

## Lily Wong Le 

25 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **1 Accounting policies** 

## **a) Statutory information** 

Globe Community Project is a charitable company limited by guarantee and is incorporated in England. 

The registered office address and principal place of business is St Margaret's House, 21 Old Ford Road, London, E2 9PL. 

## **b) Basis of preparation** 

The financial statements have been prepared in accordance with 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) - (Charities SORP FRS 102), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. 

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. 

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.  The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below. 

## **c) Public benefit entity** 

The charity meets the definition of a public benefit entity under FRS 102. 

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. 

## **d) Going concern** 

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue as a going concern for the next 12 months. 

## **e) Income** 

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably. 

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. 

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met. 

26 

**Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **1 Accounting policies (continued)** 

## **f) Interest receivable** 

- Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. 

## **g) Fund accounting** 

Restricted funds are to be used for specific purposes as laid down by the donor.  Expenditure which meets these criteria is charged to the fund. 

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes. 

Designated funds are unrestricted funds earmarked by the trustees for particular purposes. 

## **h) Expenditure and irrecoverable VAT** 

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings: 

- Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose 

- Expenditure on charitable activities includes the costs of delivering projects to further the purposes of the charity and their associated support costs 

- Other expenditure represents those items not falling into any other heading 

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. 

## **i) Operating leases** 

Rental charges are charged on a straight line basis over the term of the lease. 

## **j) Cash at bank and in hand** 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **k) Creditors and provisions** 

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. 

## **l) Pensions** 

- The charity offers a defined contribution scheme to its employees.  The costs of contributions are recognised in the year they are payable. 

27 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

|**2**<br>Donations - individuals<br>Donations - corporate<br>Gift aid<br>**3**<br>Barchester's Charitable Foundation<br>GSK Community Health Programme Award<br>Henry Smith Charity<br>London Churches Refugee Fund<br>Postcode Society Trust<br>The Albert Hunt Trust<br>The Farthing Trust<br>The Hilden Charitable Fund<br>Wakefield and Tetley Trust<br>Mrs Smith and Mount Trust<br>All income in the prior year was unrestricted.<br>City Bridge Foundation<br>The London Community Foundation<br>London Borough of Tower Hamlets (LBTH) -<br>Emergency Fund<br>London Catalyst<br>The Foyle Foundation<br>**Grants received**<br>**Income from donations and legacies**<br>Sport England Grant<br>London Borough of Tower Hamlets (LBTH) - Mayor's<br>Community Grants Programme|2025<br>Restricted<br>£<br>-<br>2,239<br>740|2025<br>Unrestricted<br>£<br>2,493<br>3,000<br>374|**2025**<br>**£**<br>**2,493**<br>**5,239**<br>**1,114**|2024<br>£<br>2,349<br>-<br>1,321|
|---|---|---|---|---|
||**2,979**|**5,867**|**8,846**|3,670|
||2025<br>Restricted<br>**£**<br>1,000<br>40,715<br>-<br>32,900<br>39,903<br>500<br>-<br>-<br>-<br>6,697<br>20,000<br>5,962<br>-<br>-<br>-<br>-<br>-|2025<br>Unrestricted<br>£<br>-<br>-<br>10,000<br>-<br>-<br>-<br>25,000<br>3,000<br>3,000<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**2025**<br>**Total**<br>£<br>**1,000**<br>**40,715**<br>**10,000**<br>**32,900**<br>**39,903**<br>**500**<br>**25,000**<br>**3,000**<br>**3,000**<br>**6,697**<br>**20,000**<br>**5,962**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|2024<br>Total<br>£<br>-<br>31,066<br>-<br>-<br>26,602<br>-<br>-<br>-<br>-<br>6,697<br>14,024<br>1,875<br>7,747<br>3,000<br>4,000<br>14,975<br>7,500|
||147,677|41,000|**188,677**|117,486|



|**4**<br>**Income from other trading activities**<br>Rent received|**2025**<br>**Total**<br>**£**<br>**263**|2024<br>Total<br>£<br>3,150|
|---|---|---|
||**263**|3,150|



All income from other trading actvities is unrestricted. 

28 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **5a Analysis of expenditure (current year)** 

|Staff costs (Note 7)<br>Project delivery<br>Monitoring and evaluation<br>Administration and finance<br>Office rent and  costs<br>Raising funds<br>Support costs<br>Governance costs<br>**Total expenditure 2025**<br>Total expenditure 2024|Raising<br>funds<br>£<br>3,688<br>-<br>-<br>-<br>-<br>4,290|Charitable<br>activities<br>£<br>57,915<br>81,218<br>-<br>-<br>5,885<br>-|Governance<br>costs<br>£<br>-<br>-<br>-<br>1,663<br>-<br>-|Support<br>costs<br>£<br>5,727<br>-<br>-<br>1,209<br>14,482<br>-|**2025**<br>**Total**<br>**£**<br>**67,330**<br>**81,218**<br>**-**<br>**2,872**<br>**20,367**<br>**4,290**|2024<br>Total<br>£<br>30,749<br>24,734<br>3,190<br>2,052<br>6,253<br>1,352|
|---|---|---|---|---|---|---|
||7,978<br>-<br>-|145,018<br>21,418<br>1,663|1,663<br>-<br>(1,663)|21,418<br>(21,418)<br>-|**176,077**<br>**-**<br>**-**|68,330<br>-<br>-|
||**7,978**|**168,099**|**-**|**-**|**176,077**|**68,330**|
||**4,427**|**63,903**|**-**|**-**|||



## **5b Analysis of expenditure (prior year)** 

|Staff costs (Note 7)<br>Project delivery<br>Monitoring and evaluation<br>Administration and finance<br>Office rent and  costs<br>Raising funds<br>Support costs<br>Governance costs<br>**Total expenditure 2024**|Raising<br>funds<br>£<br>3,075<br>-<br>-<br>-<br>-<br>1,352|Charitable<br>activities<br>£<br>21,524<br>24,734<br>3,190<br>-<br>20<br>-|Governance<br>costs<br>£<br>-<br>-<br>-<br>1,033<br>-<br>-|Support<br>costs<br>£<br>6,150<br>-<br>-<br>1,019<br>6,233<br>-|**2024 Total**<br>**£**<br>**30,749**<br>**24,734**<br>**3,190**<br>**2,052**<br>**6,253**<br>**1,352**|
|---|---|---|---|---|---|
||4,427<br>-<br>-|49,468<br>13,402<br>1,033|1,033<br>-<br>(1,033)|13,402<br>(13,402)<br>-|**68,330**<br>**-**<br>**-**|
||**4,427**|**63,903**|**-**|**-**|**68,330**|



29 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **6 Net income/(expenditure) for the year** 

This is stated after charging / (crediting): 

|This is stated after charging / (crediting):|||
|---|---|---|
||**2025**|2024|
||**£**|£|
|Operating lease rentals payable:|||
|Property|**3,404**|3,246|
|Independent Examiner's Fee|||
|Independent Examination (excluding VAT)|**650**|650|



**7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** 

Staff costs were as follows: 

|Employment allowance<br>Salaries and wages<br>Social security costs<br>Employer’s contribution to defined contribution pension schemes|**2025**<br>**£**<br>**63,223**<br>**5,665**<br>**(5,665)**<br>**4,107**|2024<br>£<br>29,886<br>2,451<br>(2,451)<br>863|
|---|---|---|
||**67,330**|30,749|



No employee earned more than £60,000 during the year (2024: nil). 

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £34,921 (2024: £27,656). 

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2024: £nil).  No charity trustee received payment for professional or other services supplied to the charity (2024: £nil). 

No trustee received any expenses during this year (2024: £nil) 

## **8 Staff numbers** 

The average number of employees (head count based on number of staff employed) during the year was 1.4 (2024: 0.8). 

## **9 Related party transactions** 

There are no related party transactions to disclose for this financial year. 

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties. 

30 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **10 Taxation** 

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. 

## **11 Debtors** 

|**12**<br>Prepayments<br>Accrued income<br>**Creditors: amounts falling due within one year**<br>Accruals<br>Deferred income|**2025**<br>**£**<br>**-**<br>**10,716**|2024<br>£<br>840<br>-|
|---|---|---|
||**10,716**|840|
||**2025**<br>**£**<br>**5,059**<br>**-**|2024<br>£<br>1,907<br>28,000|
||**5,059**|29,907|



Deferred income comprises comprises grants received in advance.  £nil was deferred in the current year (2024: £28,000). 

## **13a Analysis of net assets between funds (current year)** 

|**13b**<br>**Net assets at 30 April 2024**<br>**Net assets at 30 April 2025**<br>**Analysis of net assets between funds (prior year)**<br>Net current assets<br>Net current assets|Unrestricted<br>£<br>41,159|Restricted<br>£<br>56,880|**Total**<br>**funds**<br>**£**<br>**98,039**|
|---|---|---|---|
||**41,159**|**56,880**|**98,039**|
||Unrestricted<br>£<br>10,620|Restricted<br>£<br>57,109|**Total**<br>**funds**<br>**£**<br>**67,729**|
||**10,620**|**57,109**|**67,729**|



31 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **14a Movements in funds (current year)** 

|**e year ended 30 April 2025**<br>**Movements in funds (current year)**|||||
|---|---|---|---|---|
||At 1 May|Income &|Expenditure|**At 30 April**|
||2024|gains|& losses|**2025**|
||£|£|£|**£**|
|**Restricted funds:**|||||
|Barchester's Charitable Foundation|-|1,000|(1,000)|**-**|
|City Bridge Foundation|21,647|40,715|(46,637)|**15,725**|
|Feasts for Friendship|-|6,580|-|**6,580**|
|Henry Smith Charity|-|32,900|(32,877)|**23**|
|London Borough of Tower Hamlets (LBTH) -|||||
|Mayor's Community Grants Programme|14,273|39,903|(48,514)|**5,662**|
|London Churches Refugee Fund|-|500|(500)|**-**|
|Mrs Smith and Mount Trust|4,000|-|(4,000)|**-**|
|SD Estates|-|2,239|(656)|**1,583**|
|Sport England Grant|10,386|-|(10,386)|**-**|
|The Foyle Foundation|2,772|-|(2,772)|**-**|
|The Hilden Charitable Fund|4,031|6,697|(5,204)|**5,524**|
|The London Community Foundation|-|20,000|(4,179)|**15,821**|
|Wakefield Tetley Trust|-|5,962|-|**5,962**|
|**Total restricted funds**|57,109|156,496|(156,725)|**56,880**|
|**Unrestricted funds:**|||||
|**Designated Funds**|||||
|Postcode Society Trust|-|25,000|(13,233)|**11,767**|
|The Albert Hunt Trust|-|3,000|-|**3,000**|
|Total designated funds|-|28,000|(13,233)|**14,767**|
|**General funds**|10,620|21,891|(6,119)|**26,392**|
|**Total unrestricted funds**|10,620|49,891|(19,352)|**41,159**|
|**Total funds**|**67,729**|**206,387**|**(176,077)**|**98,039**|



The narrative to explain the purpose of each fund is given at the foot of the note below. 

32 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **14b Movements in funds (prior year)** 

|City Bridge Foundation<br>The Foyle Foundation<br>The Hilden Charitable Fund<br>Sport England Grant<br>Mrs Smith and Mount Trust<br>Wakefield Tetley Trust<br>**Total restricted funds**<br>**General funds**<br>London Borough of Tower Hamlets (LBTH)<br>Local Community Fund<br>London Borough of Tower Hamlets (LBTH) -<br>Mayor's Community Grants Programme<br>**Total unrestricted funds**<br>**Total funds**<br>**Unrestricted funds:**<br>**Restricted funds:**<br>London Borough of Tower Hamlets (LBTH) -<br>Emergency Fund|At 1 May<br>2023<br>£<br>-<br>-<br>-<br>-<br>1,474<br>-<br>-<br>6,020<br>-|Income &<br>gains<br>£<br>31,066<br>7,500<br>6,697<br>7,747<br>14,024<br>26,602<br>14,975<br>7,000<br>1,875|Expenditure<br>& losses<br>£<br>(9,419)<br>(4,728)<br>(2,666)<br>(7,747)<br>(15,498)<br>(12,329)<br>(4,589)<br>(9,020)<br>(1,875)|**At 30 April**<br>**2024**<br>**£**<br>**21,647**<br>**2,772**<br>**4,031**<br>**-**<br>**-**<br>**14,273**<br>**10,386**<br>**4,000**<br>**-**|
|---|---|---|---|---|
||7,494|117,486|(67,871)|**57,109**|
||3,715|7,364|(459)|**10,620**|
||3,715|7,364|(459)|**10,620**|
||11,209|124,850|(68,330)|**67,729**|



33 

## **Globe Community Project** 

## **Notes to the financial statements** 

## **For the year ended 30 April 2025** 

## **Purposes of restricted funds** 

**Fund name** 

The Foyle Foundation Contribution to core costs. Henry Smith Charity Contribution towards three years' running costs. Sport England Grant Support for recently-arrived, female refugees who are not physically active. Wakefield Tetley Trust Contribution to salaries for project management costs. **Wellbeing for Over 60's** Wellbeing courses for older people at risk of loneliness and isolation. 

Funded by: 

Barchester's Charitable Foundation City Bridge Foundation 

London Borough of Tower Hamlets (LBTH) - Mayor's Community Grants Programme 

## **Touching Safe Ground** 

A blended programme of trauma-informed yoga, ESOL and local orientation for refugee and migrant women. 

## Funded by: 

Feasts for Friendship The Hilden Charitable Fund London Churches Refugee Fund SD Estates The London Community Foundation Mrs Smith and Mount Trust 

## **Purposes of designated funds** 

Postcode Society Trust Contribution to Touching Safe Ground project. 

The Albert Hunt Trust Contribution to core costs, designated to support costs associated with the Touching Safe Ground project. 

## **15 Operating lease commitments payable as a lessee** 

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods 

|**Property:**<br>Less than one year|**2025**<br>**£**<br>**1,378**|2024<br>£<br>1,378|
|---|---|---|
||**1,378**|1,378|



## **16 Legal status of the charity** 

The charity is a company limited by guarantee and has no share capital.  The liability of each member in the event of winding up is limited to £5. 

34 

## **12 Financial review** 

The gross income for the year was £206,387, comprising £156,496 Restricted funds and £49,891 Unrestricted funds. Overall income increased by 66% compared with the previous year. 

Unrestricted income rose sharply compared with the previous year, in line with our fundraising strategy. Unrestricted income comprised unrestricted grants from GSK Community Health Programme Award, Postcode Society Trust and The Albert Hunt Trust, regular donations, corporate donations from Rook Irwin Sweeney and SD Estates, return on investments and Gift Aid. The charity continued to improve income diversity, with 10 active project grants, 5 core grants and 2 corporate donations this year (YE2024: 7, 3, 0). 

We ended the year with total funds of £98,039, comprising £56,880 Restricted funds, £41,159 Unrestricted funds, and a surplus of £30,310. 

While at the time of signing these accounts, the charity has been impacted by the global Covid-19 virus, the global economic impacts of the Russia-Ukraine war and the UK Cost of Living crisis, the trustees have reassessed the charity’s ability to continue for at least 12 months from the date the accounts are approved, and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern. 

Restricted income also rose, again in line with our strategy and reflecting a good return for investing in our fundraising activities. Restricted income comprised ongoing grants from the City Bridge Foundation, LBTH Mayors Community Grants, Sport England, The Hilden Charitable Fund, The London Community Foundation and The Foyle Foundation, as well as new grants from Barchester’s Charitable Foundation, Henry Smith Charity, London Churches Refugee Fund, Mrs Smith and Mount Trust, Postcode Society Trust and Wakefield Tetley Trust, as well as the funds from the Feasts for Friendship campaign, which raised £6,580 to support the Touching Safe Ground project. 

Total expenditure was £176,077, including £156,725 Restricted funds, and £19,352 Unrestricted funds. 

Spending of both Restricted and Unrestricted funds increased this year, as predicted, as our projects scaled up and our core function expanded to support them. We predict modest further growth throughout the next financial year. 

35 

## **13** 

## **Reserves and risk management** 

The charity’s free reserves, excluding fixed assets (£0) and designated funds (£14,767) at the year end were **£26,392** , a significant increase on the £10,620 reserves with which we closed the prior year. While this increase is encouraging, reserves remain below the trustees’ target of 3-6 months’ operating costs. Trustees have a detailed plan to reach target levels by the year ended 2028 and are confident that this is comfortably achievable. 

GCP has a Reserves policy and a Risk Management policy which includes the expectation that the Management Committee will review the year’s financial risks at least once a year. The board of trustees aims to ensure that reserves remain at a reasonable proportion of overall turnover, and are able to cover any financial risks that have been identified. Reserves can be accessed, in line with the Reserves policy, in any circumstances in which the expected unrestricted funds fall short of being able to meet essential costs for the year. 

**==> picture [58 x 73] intentionally omitted <==**

**==> picture [98 x 96] intentionally omitted <==**

36 

## **14 Governance and management** 

## **Constitution** 

Globe Community Project is a company limited by guarantee and was formed on 11 December 2003. It is governed by a memorandum and articles of association as amended by special resolution dated 17 June 2004, 3 July 2015, 18 September 2019 and 12 January 2021. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £5. 

Charity number: 1104770 Company number: 04992627 

- Lui Marie Goldie (appointed September 2024) 

- Ripon Shamsul Ray 

- Anna-Paulina Norbury (resigned March 2025) 

- Arslan Hussain (resigned December 2024) 

- Robert Tame (resigned March 2025) 

- Roisin Kavanagh, Treasurer, (resigned September 2024) 

## **Registered Office** 

St Margaret’s House, 21 Old Ford Road, London, E2 9PL 

## **Directors and trustees** 

The directors of the charitable company (“the charity”) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. The management committee is responsible for the day-to-day running of the Globe Community Project (GCP), and meets every three months. The trustees are all members of the management committee. There may also be members of this committee who are not trustees, who have time and/or particular skills to offer and are interested in supporting the work of the charity. These members may be co-opted onto the committee during the year and then stand for re-appointment at the AGM. 

## **Trustees** 

- Bethan Charnley 

- Funmi Ayorinde (appointed March 2025) 

## **Phone** 

07419 586150 

## **Bankers** 

The Co-operative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT 

## **Independent Examiner** 

Wendy Smith ACCA SBC House Restmor Way Wallington SM6 7AH 

- Julian Haxby, Company Secretary 

- Katherine Elizabeth Pumphrey (appointed September 2024, following a period as an adviser) 

- Kyriaki (Kiki) Michaelidou (appointed March 2025) 

- Lily Wong Le 

## **Investment powers** 

Under its Memorandum and Articles of Association, the charity has the power to make any investments, which the trustees see fit. 

37 

## **Trustees’ responsibilities in relation to the financial statements** 

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards. 

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

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006. 

## **Independent Examination** 

In line with Charity Commission requirements, an independent examination of our accounts has been commissioned. The report of the Independent Examiner is on page XX. GCP is exempt from audit as our gross income falls below £1,000,000. 

## **Signed on behalf of the board of trustees** 

- select suitable accounting policies and then 

- apply them consistently; 

- observe the methods and principles in the Charities SORP; 

- make judgements and estimates that are 

- reasonable and prudent; 

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

## Lily Wong Le 

**Lily Wong Le** Chair Globe Community Project 

16 September, 2025 

- prepare the financial statements on the going concern basis unless it is inappropriate to presume the charity will continue in business. 

The trustees are responsible for maintaining 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. The trustees 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. 

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**15** 

**Report of the Independent Examiner** 

To the members of Globe Community Project, 

I report on the financial statements of Globe Community Project (the charity) for the year ended 30 April 2025, which are set out on pages ** to ** 

## **Responsibilities and basis of report** 

As the charity’s trustees of the Company (who are also the directors of the company 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 for this year 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 material matters have come to my attention which gives me cause to believe that: 

- accounting records were not kept in accordance with section 386 of the Companies Act 2006; or 

- the accounts do not accord with such records; or 

- the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 Charities SORP (FRS102). 

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. 

## Wendy H Smith 

**Wendy H Smith** 16 September 2025 

Fellow of the Association of Chartered Certified Accountants Tall Horse Consultancy Services Limited SBC House Restmor Way Wallington SM6 7AH 

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Globe Community Project Company number: 04992627 Charity reg: 1104770