REGISTERED COMPANY NLTMBER: 04613979 {Engl%nd and Wales)
REGISTERED CHARITY tYUMBER: 1105466
rt of thc Trustccs and
Unauditcd Financial Statcmcnts
for thc Ycar Endcd 31 March 2025
tor
Thc Bcaucham
Lod c Scttlcmcnt
Nichols & Co ( Accounlancv ) l.imited
Chartered Accountants
Unli 7
Mulbcrrl" Placc
Pinnell Road
Eltham
London
SE9 6AR

The Beaucham
Lod e Settlement
Contents of the I. inanLial Siaiemenis
for the Year Ended 31 March 2025
Pagc
Rcfcrcncc and Administrativc Dctails
Report of the Trustees
2 to 5
Indctxndcnt Examincr's Rcwrt
Statement of Financial Activities
Balance Sheet
8 to 9
Cash FloTh' Statement
io
Notes to the Financial Statements
11 to 20
Detailed Statement of Financial Actiiwities
21 to 22

The Beaucham
Lod e Settlement
Reterence and Administratii'e Details
ror the Year Lnded 31 March 2025
TRUSTEES
Raka Begum (appoinLed 2J.7.24)
Mark Bensted
C harlcs Nliddlcton . Trcasurcr
HilaTh' Nightingale: Chair
Saccd Oluii"adipc lappointcd 23.4.24)
An2ela Piddock . Vice Chair
Gaia Scgal Ircsigncd 29.10.241
F.leanor Wi'ant
COMPANY SECRET ARY
Simon Ryder
REGISTERED OFFICE
Studio 63
CJreat Western Studios
6) Alfred Road
London
W2 5F.U
REGISTERED COMPANY
NUMBER
04613979 (England and Wales}
REGISTERED CHARITY
NUIWIBER
1105466
INDEPENDENT EXAMINER
Nichols &. Co { AccountancN' ) Limited
Chartered Accounthn(s
Unli 7
Nlulbcrr%" Placc
Pinnell Road
Eltham
l.ondon
SE9 6AR
SOLICITORS
SPB Laii"
CJlade House
52-i4 Carter l.ane
London
LC4V iLF
BANKERS
Units" Trust Bank plc
Four Brindlei"place
Birminoham
BRI 2JB
Page I

The Beaucham
Lod e Settlement
ort of the Trustees
ror the Year Lnded 31 March 2025
The Trustees submit their annual report and Ihe financial slaiements of The Beauchamp l.odge Settlement for the year
ended 31 March 202). -I"he "l-ruslees confimi ihai ihe annual report and financial stsiements of the CharilTr comply
Ivith current statutorv requiremenLS, the requirements of the Charits s ooiwernino document and the proNJisions of the
Statcmcnt of Rccommcndcd Practicc (SORP) "Accounting and RcpK)rting bi, C haritics" {SORP FRS 102 Re￿.1￿cd 20191.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Thc managcmcnt of thc Charity is thc rc5PK)nsibility of a Board of Trustccs iyho arc clcctcd and co-optcd undcr thc
tern)s of the conslitulion. Tti]stees are recruited according to Iheir particular skills. knoii'ledge and experience ￿h1¢h are
thcn matchcd to thc nccd5 Ot- thc Board of Trustccs. Whcn gaps in skills: kno￿.1CdgC and cxpcricncc arc idcntificd ncTh'
Trustees are sought to fill Ihese oaps. F.xisting Trustees are encouraged to plai." an actii'e part in recruiting neil, Trustees
to the Board.
Thc Chicf ExccutiN'c, Simon R)'dcr: is accountablc to thc TrustCC5 for thc day-tspday managcmcnt of thc Charitv. Thc
other staff emploN'ed by the Charitv are accountable to the Chief F.¥ecuiive.
OWECTIVES AND ACTIVITIES
The charity's vision, mission and N'alues as folloii's:
Organisational Vision
community ￿here children, N'oung people. and families are connecied - w each oiher, ￿ iheir neighbourhoods and io
the enN'ironment we all share - so Ihai the). can thrii'e i'la a sirong sense of place: of belonging and of Ihe impact thev
can hal'e on their ￿Orld.
BLS Mission Statement
Wc do this Tr'ia thc cxccptional Icarning and cnrichmcnt actii-itics i%c offcr on London's onl!, Floating Classruom, and in
green and open spaces alon? the cits's M'ateni'as's. Puttin? children: l'ouno people and families at the heart ot the
leaming proless, encourage curiosilN: delighi in discoi'en" and nurture a sense ofLonneLiion i%'ith the nalural world.
Value5
In achicN'ing thc changc M'c iiant to 5cc in thc M-orld: ii"c ii.ill bc=
Ambitious
For the children, voung people and families li'e exist for and for ivhat thev are capable of.
For thc hopc, agcncTr': and dctcrniination to achicvc wysitii-c cnN"ironmcntal changc that Th'c can cncouragc amongst thc
communilies ￿e w'ork w.ith.
For ￿.￿at Th'e can do. a small organisation can haTr"e a bi2 impact.
Enterprising
We will generaie our 0￿.n income in support ofour chariu]ble mission through the commercial hire of the boat.
We Th'ill use the autonomi, this ojN'es us, to extend ii'hat li-e do so that our actiiwities are inclusii'e and accessible to all
the children: young people and lamilies ￿"e e.xisi for.
Open
To the ideas and insights of evern'one M"e iiork iYith= children. Noun£ people, parents, families, teachers: practitioners,
starr, Irusiees. partners: collaborators: funders.
To di￿.ersItY= of thinking.. perspectis'e, life experiences.
To collaboration.. good idcas can cumc from an!'w"hcrc so ivc ii.ill ivork Ni"ith othcr5 to achicvc our ￿'1510n.
- To change.. we M'ill keep what is good and seek out ivhat is better.
Curious
Lcarning, d￿'ClopMCnt, and gro%￿h starts m.ith cnquin".
F.veryone is capable of enquirv: it is exploration, reflection. discoi'en.: and it should nei'er stop.
Page 2

The Beaucham
Lod e Settlement
ort of the Trustees
ror the Year Lnded 31 March 2025
Tellacious
We ii'ani evervthing we do to be brilliani, and H'e ii'ill do ever¥thing li'e can to make sure it is.
We w'ill honestlv ei.alua* our perlomjance - both appreciaiii.elv and crilicall!
and acl quickl!, ii.here necessary to
make things even better.
Compassionate
To thc childrLn: I'uung pcoplc, and familics M"c c¥ist for
To our staft and i'olunteers
To thc cni'ironmcnt ￿'C all sharc
ACHIEVEMENTS AND PERFORMANCE
Delivering Public Benefit
Thc main actii'itics Th'c hai'c undcrtakcn in thc 12 month5 to thc cnd of March 2025 in furthcrancc of our mission and
objectives are set out belo￿..
Our charitable autil'ities focus on the proi'ision of fun. hands-on learning oppx)rtuniiies for people of all ages on board
our Floatino Classn)om. All ot these actii'ities are undertaken to turther our charitable purwses for the public tienefit.
The Trustees of BLS Th'ill continue lo adhere to Charity Commission guidance on public benefit in deciding the
actiwilies the charitv undertakes no￿. and in ihe fuLure.
Learning Aclivi¢ies
Over the 12 months in revieii: Ihe l-'loaling Classr(M)m achiewed the folloii ing-
A total 01162 learning and enrichment sessions delii"ered.
118173 % of thc total dcliN-crcd) Ns"crc Icarning actii"itics for primarv schools and primary agc childrcn.
44127 % of the total delivered) ilere oul-of-school hours aciii'ilies for Children: ￿OUng people, and adulis.
2839 participants took part in thcsc Icarning and cnrichmcnt actii"itics 0s.cr 482 dclii'crv hours.
Comparcd to thc prcvious vcar, thcsc totals rcprcscnt:
22010 increase in number of sessions (202)-24: 13))
2jQ/o incrcasc in uniquc participants (2264)
20010 increase in deliveTr' hours {400.5)
Se￿.er&I factors hai'e contribufrd ￿ an increase in tKTrth session and parlicipanl numbas in this period compared to
2023-24.
Dcniand t-or EduLation Progr￿MC trips from schools rcmains high: ii-ith significant proportions of thc acadcmic vcar
oversubscribed. "I'his demonsiraies ihe coniinued appeal ofihis unique offer: as iiell as the ongoing success of the Lead
Teacher in maintainino excellent standards tor the dei'elopment and delii-er¥' ot actii'ities. Some Minor changes in the
approauh to programming these irips ha￿"e increased fleiibililN': erriciencN', and capaciti,: in partiuular orrering afternoon
slots { Ipm-3pm) to schools on datcs 1s.hcrc a trip is alrcadv EKKTrkcd in thc morning (10am-12pm).
Progress has also been made toivards the charitv's objectii-e of deliN"erino increased out-of-school hours provision for
children: )'oung people and families. -I'he i'olume of ihese aLiii'ilies has increased bj 100 % lup from 22), ￿.hIle the
prorK)rtion ol. tsitsl delii'erv has increased more modestl!, b!" 20/0 (up from 250/01. As ii"e approach the upper limits of the
Floating Classruom's capacit%. for trips and 5cssions taking placc during thc school daTr, out-ot-_school actiTritics rcmain
the principal groThth OPFrtirtunitv for programmes takin2 place on Ix)ard the boat.
Commercial Boat Hire Aetivity- The Eleetric Barge
The Floating Classr(M)m is marketed for commercial hire as The F.lectric Barge. In 2016: the charity, established a
trading subsidiarw for thc5c actii"itics: its solc purw5C is to gcncratc incomc in support of our cducational mission. All
protit earned b! the Electric Bar2e is donated to the "parent" charits".
Page 3

The Beaucham
Lod e Settlement
ort of the Trustees
ror the Year Lnded 31 March 2025
Thc trading subsidia￿, _ Thc Elcctric Bargc Limitcd - ha5 a tts'o-pcrson board of dircctor5 comprising thc BLS Trcasurcr
and the Bl.S Chief F.xeCuii￿'e. The dal-to-da!. commercial actii'iiies are led bN' our F.vents Manager.
Our kev objeCti￿.e for The Electric Barge in 2024-25 continued to be to increase income generated fnim the commercial
hirc of thc boat. With that in mind: it is plcasing tu rcport turnoN"cr incrcascd bl, 120/0 to £3i1,762, Th"hilc opLrating
expenditure grem. by" l jQ/•, generating an operaiing profil of £18.322.
This is the highest leTr'el of commercial income The Electric Baroe has ei'er achiewed: surpassing the preTrious best
rccordcd in 2019-20. It ha5 bccn a long-tcrni gual to rcturn commcrcial carnings to prc-pandcmic ]c￿c[S, SO to aLhici'c
this noiN' is a wonderful testimon!, to the enterprise and tenacitv of the F.wents Team.
Asset Ownership
Bl.S oivns the freehold on a four-storeTr' property on Harroiv Roa(L l.ondon WIO.
The ground and first floors of the propertv are renied io an estsblished local firni of famil!, la￿ solicitors. The lease
agreement with the tenant M'as reneii.ed for 6 l'ears in Auoust 2021.
A long-term leaseholder occupies the top floor flat ot the proFth. BLS receiTres no rental income from the leaseholder,
but does leNy an annual service charge.
Over the course ol Ihe 12 months under reviem". significani defects ￿"ere discovered in ihe rear canalside ￿'all of the
property.. Repair work to address this is scheduled to take pla￿ in summer 2025.
Since March 2024, the Bl.S has owned Ihe i'essel. Beauchamp.. on ￿'hICh all its core activities take place.
FINANCIAL REVIEW
Since 2017 BI.S has presented separaie accounts for the chariTh? and its subsidiar>'. This reiwiew addresses the
pcrformancc of knth cntitics.
'l-he year under rewiew.
l April 2024 to )1 March 202)
"as ihe firsi l'ear of the Charit￿,5 2024-27 Ilusiness Plan.
After several vears of ￿'orkIng to one 12-month plan at a time during and in the aftermath of the pandemic, Rl.S ilas
finally ablc to raisc its sights and sct morc ambitious objcctiircs for M"hat M"c could achici'c.
BLS finishcd 2024-25 M'ith a surplus of £198:099: a sharp incrcasc on that achiciwcd in thc ycar cnding 31 March 2024.
This is the result of ￿'ariouS factors. including..
A doubling in incomc from donations and Icgacics
A 41 % increase in grani income
Continucd strong carnings from thc charit!'5 trading 5ubsidiaTr: Thc Elcctric Bargc Limitcd.
Maintaining rim) control of costs as the charily's aciivilies expanded and dil ersified.
It is particularlv pleasing to rew)rt that the charity. has secured long-temi grants from John l.von's Charity, Westminster
Foundatiun (LM)th tivc N'cars).. and thc Julia Rausing Trust {thrcc N'carsl. Thcsc proi.idc much-nccdcd stabilits. for our
ii'ork, including meeting the salary Losts ofcritical tx)sts such as ihe Programme Manager and Lead .1 eacher.
Grant income has also been instrumenthl in helping BLS io eipand and diiwersifi. ￿"hat il olTers lo children, voung
pcoplc, familics and communitv" groups. As a rcsulL oi.cr thc past 12 months IN"c hai'c dcliN'"crcd aftci'_school
puppei-making and perfomiance clubs. a sioTh'Lelling projecL and in school holidavs i4'e hawe proiwided a wealih or
learning and enrichment activities on the Floatin? Classroom and at other locaiions on I near London's watenN'ays,
including kavaking, forest school, and printmaking.
Thc Floating C'lassrootn ii'-ill cclcbrdtc its 2ith birthda!. in 2026: $0 onc of our funding prioritics has bccn to sccurc
grants to retresh the Emiat so that it is tit tor the next quarter centur¥'. This has !"]elded some successes. and the boat ￿..11]
be undergoing an extensii.e refurbishmeni programme in the firsi ihree monihs of 2026 10 ensure ihal il is more
environmentally sustainable, accessible 10 all potential beneticiaries. and that it continues to be a ii'.elcomino, attractive
and satc vcnuc for all our actis'itics.
Page 4

The Beaucham
Lod e Settlement
ort of the Trustees
ror the Year Lnded 31 March 2025
Incomc carncd from our social cntcrprisc. Thc Elcctric Bargc. continucs to makc a critical contribution toTh'ards thc
delI￿er! of core charitable aciiviiies. We see scope for groiith in this area: and 0￿.er the past 12 monihs hai'e invesied
resources in rebranding and in sowing the seeds lor more aciii e markeLing ol the as an ei'ents venue ￿la souial
media in spring I summer 202).
The stability. of the organisaiion is reflected in the Bl.S balance sheet. With thngible assets bolsiered by the inclusion of
thc waluc ot thc boat {hai'ing bccn donatcd b! thc Canal & RI￿Cr Trust).. total organisational funds grcw bl, 33. j0/0 in thc
year ending 31 March 202).
Bl.S coniinues to be financiallTr' stsble. thrii'ing as a proi'ider of excepiional learning and enrichment experiences for
childrcn, voung pcoplc and familics: contidcnt in our vision: mi55ion and i"'alucs: and Iwking to thc futurc Thith
ambition and inient.
RESERVES POLICY
Reserves are that part of a charity's unrestricted fvnds thai are freelv ai'ailable to spend on anv of the charity""s
purFrt)ses. BLS maintains free unrestricied lunds=
'I'o proi ide a lei el of M'orking capitsl ihat pro1￿ts ihe coniinuiLI' ofour core ii"o]k
To proi'ide a lei'el of tunding tor unexpected opwrtunities
To proi'ide CO￿.er for risks such as unforeseen expenditure or unanticipaied loss of income
'l-ruslees M'ill review. the aboi e criteria ￿"1th reference ￿ BLS"s siraieg!. and Annual Plan and delerniine the largei level
of tree reserves to meet these crileria. lJnderpinnino this. BLS'S policN' Ilill be to maintain free unrestricted reserves
equivaleni ￿ ihree months, running costs. -Irusiees i1.ill ai limes designaie funds from free resen'es for significanl
projecl costs or replacemeni of major assets. The Bl.S reseTh'es wlici. has been detern)ined in line wilh rele￿ant Charity
Commission guidance.
'l-he charitN, has general fund reserves of £658:173 (2024: £260:690). The irustees consider the free reserves wiihin the
charity to be the unrestricted debtors and cash less unrestricted creditors. resuliing in free unrestricted funds of
£164,485 for thc )'car {2024= £179.8021. Thc tru5tccs bclicvc thcsc rc5cnwcs arc sutTicicnt to mcct thc nccds of thc
charitp.. During the N'ear, it li.as decided that the desi2nated tunds brouoht toni'ard relatino to property repairs ot
£199,)84 ￿ere no longer required and iherefore ihis balanie li.as ii"rillen back the general fund.
RISK MANAGEMENT
Thc Trustccs rcN'icM'cd and updatcd thc BLS risk rcgistcr in Octobcr 2024. Whcrc rclcN'anL stratcgics and systcms havc
been devised and implemenied ￿ minimise the rK)ssible impaci of these risks.
STATEMENT OF DISCLOSURE OF INFORMATION TO INDEPENDENT EXAMINER
We, as the direliors of ihe CompanN' ￿.hO held otTice ai the date of approval of these financial statements as sei out on
page I, each contirm, so tar as ii"e are aiiare: that:
thcrc is no rclcvant audit inforniation of which thc Companv's auditor5 arc unaH"arc- and
we have taken all the steps that li'e ought to hai-e taken as directors in order to make ourseli'es aiiare of an! relevant
audit information and lo esthblish thai ihe Companv's audi￿￿ are a￿are of ihal inforn)ation.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeument
'I'he charit), is controlled by its goi"eming documenL a deed of (rus¢ and consiiluies a limited companv, limited bv
guarantee, as defined bv the Companies Act 2(K)6.
Appro￿.ed by order of the ￿)ard of trUs￿eS on 28th October 202) and si?ned on its behalf by:
Hilary Nightingale - Chair
Page i

Inde
endent Examiner's Re
rt to the Trustees of
'I'he Beaucham
Lod e Seiilemenl
Independenl examiner's report to the trustees of The Beauebamp Lodge Settlement ('tbe Company,)
I report to the charl￿. trustees on mv examination of the accounts ot the Companv for the v&qr ended 31 March 2025.
Responsibilities and basis of report
As the charity's Irusiees of the CompanN' {and also direciors for ihe purwses of comwdnv law) jou are responsible for
the preparation of the accounts in accordance ii.ith the requirements ot the Companies Act 2006 ('the 20￿ Act,).
Having satisfied myself that the accounts of the Compan!, a￿ noi required to be audited under Part 16 of the 2006 Act
and arL Lligiblc for indcpcndcnt cxaminatiun. I rcport in rcstKct of mi. cxamination ot-N'our Lharity's accounts as catTicd
ut under Section 145 of the Charities Aci 2011 I'the 2011 ACV). In cam'ing out mi, examination I hal'e folloived the
Dircctions givcn by thc Charitv Commission undcr Scction 14i(i) (b) of thc 201 l Act.
Independent examiner's 5tatetllent
Since your chariTh s gross income exceeded £250.0(K) your examiner musi be a member of a listed body. I can confirn)
that l am qualified to undertake the examination because l am a member of the Institute ot Chartered Accountants in
F.ngland and Wales. Ivhich is one of ihe listed tK)dies.
I haN'e completed mv examination. I confimi that no matters hai'e come ¢0 m! attention in connection ivith the
examination giving me cause to beliei-e=
accounting records H"ere not kept in respect ot the CompanTr as required bv Section 386 of the 2006 Act- or
the accounts do not accord il'ith ihose records- or
the accounts do not complN' ￿'1th the accountino requirements of Section 396 of the 2(K>6 Act other than any
requiremeni that the aicounts gile a Irue and fair N"ieii iihich is noL a mailer considered as pari of an
independent examination- or
the accounts hawe noi been prewdred in accordance i4.ith ihe methods and principles of the s￿lement or
Recommended Praciice for accounting and rewning b!." charities (applicable to charities prepariiig their
accounts in accordance Mith ihe l-inancial RepKTrrting Sthndard applicable in the UK and Republic of Ireland
{FRS 102)).
I have no concerns and hai'e come across no other maners in connection ￿.]lh the examination to ￿'hICh attention should
bc draTh'n in this rcport in ordcr to cnablc a propcr undcrstanding of thc accounts to bc rcachcd.
Steven Nichols FCA, CTA
Thc Institutc of Chartcrcd Accountants in England and Walcs
Nich(Trls & Co ( Accountancy ) Limited
Chanered Accountants
Unit 7
Mulberry Place
Pinnell Road
Lltham
London
SL9 6AR
Dale..
Page 6

The Beaucham
Lod e Settlement
Statement of Financial Activities
ror the Year Lnded 31 March 2025
31.3.25
Totsl
runds
31.3.24
Totsl
runds
Unreslricted
funds
Restricted
rund
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
J79,821
379,821
177,719
Charitable activities
Gtants
81.978
136.234
218.212
155,121
Incomc from schoo15, communitv group5 and
prii'ate hire
Ini'estment income
18.929
26.791
18.929
26.791
35,786
24,250
Total
507,519
136,234
643.753
392,876
EXPENDITURE ON
Charltable activities
Siarrcosls
Freelance workers and professional fees
Repairs: maintenance and mooring costs
Boat insurancc
Propertv and venue hire costs
Catering costs
orrice costs
121.406
15.736
2.944
10.)18
14.oii
4.)96
124.i39
184.978
28.604
38.769
10.518
27.724
6.036
133.399
143,669
23,605
43,255
10,938
6,732
4,243
127,618
12.868
-440
8.860
Other
15.626
15.626
7,250
Total
309.420
136.234
445,654
367,310
NET INCOME
198,OW
198,099
25,566
RECONCILIATION OF FUNDS
Total tunds brought toni-ard
589.802
589,802
564,236
TOTAL FUNDS CARRIED FORWARD
787.901
787.901
589,802
The noies forni part of these financial statements
Page 7

The Beaucham
Lod e Settlement
Balance Sheet
JI Marlh 202)
31.3.25
Totsl
runds
31.3.24
Totsl
runds
Unreslricted
funds
Restricted
rund
Notes
FIXED ASSETS
Tangible assets
Invcstmcnt propcrt!
12
13
213.416
410.0(K)
213.416
410.000
410,000
62).416
623,416
410.000
CURRENT ASSETS
DLbtors
Cash at bank
14
181.796
44.261
28,173
116.752
209.969
161,013
176,573
101,790
226.057
144.925
370,982
278,363
CREDITORS
Amounts falling due Th'iihin one year
15
161.572)
(144.925)
(206,497)
(98.561)
NET CURRENT ASSETS
164.485
164,485
179,802
TOTAL ASSETS LESS CURRENT
LIABILITIES
787.901
787,901
589,802
NET ASSETS
787.901
787.901
589,802
FUNDS
Unrcstrictcd funds=
General fund
Designated tund
Rewaluation reserve
16
658,173
260.690
199.384
129,728
129,728
787,901
589.802
TOTAL FUNDS
787,901
589,802
'I'he charitable company is entitled to e.xempiion Irom audil under Seciion 477 of the Companies Act 2006 for ihe vear
ended 31 March 2025.
The members ha￿'e not required the companv to obtain an audit of its financial statements for the vear ended
31 March 202) in accordance ￿.]i￿ Seciion 476 olihe Companies Aci 2006.
'l-he trustees acknow'ledge iheir respN)nsibilities for
(a)
ensuring that the charitable compan!. keeps accountin? records that complN' ii.ith Sections 386 and 387 of the
Companics Act 2006 and
preparing financial statements which give a true and fair i-ieii- of the state of affairs of the charitable company as
at the end of each financial )'ear and of its surplus or deficii for each financial vear in accordance ii'ith the
requirements of Sections 394 and 39) and ii,hich otheni.ise compll." ii.ith the requirements of the Companies Act
2006 rclating to tinancial statcmcnts, 50 far as applicablc ￿ thc charitablc companj.
(b)
The noies forni part of these financial statements
Page 8
continued...

The Beaucham
Lod e Settlement
Balance sheet- continued
JI Marlh 202)
Thcsc financial statcmcnts hai'c bccn prcparcd in accordancc ii.ith thc pro￿1510￿5 applicablc to charitablc companies
subjeci to the small companies regime.
The financial statements ii.ere approved b! the Board of Trustees and authorised for issue on 281h October 2025 and
Ivcrc signcd on its bLhalf b!.:
Hilary Nightingalc- Chair
Charles Middleton - Treasurer
The noies forni part of these financial statements
Page 9

The Beaucham
Lod e Settlement
Cash Floiv Statement
ror the Year Lnded 31 March 2025
31.3.25
31.3.24
Noies
Cash flows from operating activities
C￿h gLnLratcd from operations
Interest paid
18
281.757
1,165
4,413)
Nct cash proN'idcd by/lu5cd in) opcrating actii'"itics
281.757
13,2481
Cash flows from investing activities
Purchase of tangible fixed assets
Intcrcst rccciTr'cd
(22J,850)
1.316
Net cash {used in)/provided b!, ini'esting act1￿.111es
222,534)
Cash nows from finaneing activities
Loan repayments in )'ear
i4,167)
Net cash provided byl(used in) financing aclii'ities
54.167)
Change in cash and cash equivalents in
the reportillg period
Cash and cash equivalents at the
beginning of the reporting period
59.223
(57,415)
101.790
159,205
Cash and eash equivalents at the end of
the reportillg period
161.013
101,790
The noies forni part of these financial statements
Paoe 10

The Beaucham
Lod e Settlement
Notes to the Financial Statements
ror the Year Lnded 31 March 2025
ACCOUNTING POLICIES
BASIS OF PREPARING THE FINANCIAL STATEi¥IENTS
The tinancial statements of the charitable compan!": ii.hich is a public benefit entit!. under FR£ 102, have been
prcparcd in accordancc ii.ith thc CharitiC5 SORP IFRS 102) 'Accounting and Rcporting bN' Charitics.. Statcmcnt
of Recommended Practice applicable to charities preparing their accounts in accordance u.'ith the Financial
Rcporting Standard applicablc in thc UK and Rcpublic of Ircland IFRS 1021 lcffccti￿'C l January 20191,,
Financial Reporting Standard 102 The Financial Reportino Standard applicable in the IJK and Republic of
Ircland, and thc Companics Act 2006. Thc financial 5tatcillcnts havc bccn prcparcd undcr thc historical cost
coni.'ention.
INCOME
CJrant income is recognised in the period for 14thich all incomino resources are included in the Statement of
Financial Actiiwities Th'hen Ihe CharitN' is legalli. entitled to the income and the amount can be quantified ￿'1th
rcasonablc aLcurac)'.
Such income is onlTr' deterred ￿,hen..
-I"he donor specifies that ihe granL or donation musi onl!." be used in fulure accounting periods: or
The donor has imposed conditions ii.hich must be met betore the CharitN". has unconditional entitlement.
EXPENDITURE
Liabililies are recognised as e.xpendilure as soon as ihere is a legal or consiruciii'e obligation commilling the
charit&. to that eypenditure. it is probable that a transfer of economic benefits ii.'ill be required in settlement and
the amount of ihe obligaiion can be measured reliabli". Lipendilure is accounled for on an accruals basis and has
been classified under headings that aggregate all cosi related to ihe caiegoTh'. Il'here costs cannot be directly
aiiribuied to particular headings ihe!" haie been allocaied io aciii'ilies on a basis consislenl ￿li￿ the use or
resources.
TANGIBLE FIXED ASSETS
Dcprcciation is providcd at thc folloiving annual ratcs in ordcr to IlTitc off cach assct owcr its cstimatcd uscful
life.
Plant and machinffv
Fixturcs and fittings
Straight line oi'er 25 vears
Straight linc oi.cr i vcars
All asscts C05ting morc than £ 1.000 arc capitaliscd.
INVESTMENT PROPERTY
In￿'eStmentS are s￿led al market i'alue at the balance sheet dale. The sraiement of financial activities includes the
nct gains and105scs arising on rcvaluations and dispK>sals throughout thc )'car.
TAXATION
The charit! is exempt from corporaiion tax on its charitable actI￿li1es.
FUND ACCOUNTIIYG
CJeneral funds are unrestricted funds which are aN"ailable for use at the discretion of the Trustees in furtherance
olthe general objects ofthe Charitv and which ha￿"e noi been designaied for oiher puryx)ses.
Designaied funds comprise unresiricied lunds thai hai"e been sei aside bv the -l-rusltts for particular purposes.
The aim and use of each designated fund is set out in the notes to the tinancial statements.
Restricted funds are fi]nds i1.hich are to be used in accordance ii.'ith specific restrictions imposed by donors or
IN"hich hawc bccn raiscd b!. thc Charits- for particular purwscs. Thc cost of raising and administcring such funds
is charged against the specific fund. The aim and use of edch restricted tund is set out in the notes to the
rinanLial staiements.
HIRE PURCHASE AND LEASING COIIIMITMEIYTS
Rentals paid under operating leases are charged ￿ the Staiemenl of Financial ActiTrities on a straight line basis
oN'cr thc pcriod ot-thc Icasc.
Pagell
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
ACCOUNTING POLICIES- continued
PENSION COSTS AND OTHER POST-RETIREME]¥T BENEFITS
The charitable compan!" operates a defined contribution pension scheme. Contributions pavable to the
charitablc Lompan) s pcnsion schcmc arc chargcd to thc s￿1CmCnt of Financial Actiwitics in thc pcriod to ii".hich
Ihe). relate.
GOING CONCERN
Thc trustccs considcr that thcrc arc no rnatcrial unccrtaintics aEK)Ut thc charitablc company's ability to continuc
as a going concem. The trustees do not consider Ihat Ih¢Te are anN' ￿urCeS of estimation uncertainti, at the
rcporting datc that hai'c a significant risk of causing a matcrial adjustmcnt to thc carrving amounts of asscts and
liabilities iyithin the nexl reporting period.
DONA TIONS AND LEGACIES
31.3.25
31.3.24
Donations
379,821
177,719
INCOME FROM SCHOOLS. COMMUNITY GROUPS AND PRIN'ATE HIRE
31.3.24
Lducational income from sch￿] and communil!, groups
18,929
ILYVESTMEIYT INCOME
31.3.25
31.3.24
Rcnts rcccii'cd
Deposii accouni interest
25,475
1,316
24,250
26.791
24,2iO
INCOME FROM CHARITABLE ACTIVITIES
Unrestricted
ReStriC￿d
Total
l-unds
31.3.25
Total
l.-unds
31.3.24
31.3.2)
31.3.2i
Grants
81.978
136.234
218,212
155,121
81,978
136.234
218.212
155,121
Page 12
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
Direct
Costs
Totals
Staff costs
FrcLlancc ivurkcrs and profcssiunal fcc5
Repairs, maintenance and moorine costs
Boat insurancc
Propen! and venue hire costs
Catcring costs
Office costs
184.978
28.604
38,769
10,)18
27,724
6.036
184.978
28,604
38,769
10,518
27.724
6.036
133.399
17,276
312.7)2
17276
430,028
SUPPORT COSTS
Goi'ernance
costs
Manaoement
Totals
otTicc costs
97.7)3
19,523
117,276
Support costs, includcd in thc aLK)Tr'c, arc as folloH"s=
Officc
costs
Total
actiiwities
Admin staff cosls
Wcbsitc
Travel and subsistence
Insurance
A￿l[latiOn fees and iraining
Telephone
Postage and staiionery
SundTr' expenses
Computer cos
VAT disalloiied
Professional fees
Accountancy
86,446
419
31
2,191
1,187
2,965
1,727
1,230
I,)57
4,773
5,356
9.394
85,938
931
13
1,232
1.249
2,918
579
1,798
2.153
946
7.018
8,646
117.276
113,421
ET INCOMEI{EXPENDITURE)
Net incomal(expendilure) is sthied afier chargingl(crediling)=
31.3.25
31.3.24
Dcprcciation - 0￿￿cd asscts
Hire of plant and machinery
Othcr opcrating Icascs
10,434
27,724
12,3)9
10,124
Page 13
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
TRUSTEES, REMUNEIL4TION AND BENEFITS
'I'here iiere no irusiees, remuneraLion or oiher benefits for the vear ended 31 March 2025 nor for the vear ended
31 March 2024.
TRUSTEES, EXPENSES
31.3.25
31.3.24
Trustccs cxpcnscs
io.
STAFF COSTS
31.3.2)
31.3.24
Wages and salaries
Social sccuritN' Losts
Pension Costs
229.073
19.044
5,201
199.239
15,042
4.109
253,318
218,390
Thc Charih. ctnploi's a Chicf ExcLutii"c: Dcputv CE and Programmc Managcr, Administrator, Lcad Tcachcr,
F.vents Manager, and Roat 0￿ra[10n$ Manager.
The average monthly number of emploN'ees during the N'ear ivas as follo￿'s:
31.3.24
Ai'erage number of employ.ees
No cmployccs rcccivcd cmolumcnts in cxccss of £60:0(K).
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricied
funds
Restricted
fund
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
177,719
177,719
Charilable activities
Cjrants
80.)30
74,)91
155,121
Income trom schools, communits. groups and
prii'atc hirc
Ini'estment income
35,786
24.250
3),786
24,250
Total
J18,285
74,)91
392,876
EXPENDITURE ON
Charitable ac¢ivilies
Staff costs
Frcclancc workcrs and profcssional t-CC5
Repairs: maintenance and m(Kiring costs
Boai insurance
Properry and venue hire costs
Catcring costs
Office costs
Trustccs. cxpct15LS
Other
109.385
19,120
35.036
8.860
5.453
4.243
103.365
34,284
4,485
8,219
2,078
1,279
143,669
23,605
43,255
10,938
6.732
4,243
127,61
24,246
7.250
7,250
Page 14
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
ii.
COMPARATIVES FOR THE STATEMEIYT OF FINAIYCIAL ACTIVITIES- continued
Unrestricied
Restricted
runds
fund
Total
runds
Total
292.719
74,)91
367,310
NET INCOME
25,)66
25,566
RECONCILIATION OF FUNDS
Total funds brought foThiard
564.236
564,236
TOTAL FUNDS CARRIED FORWARD
i89.802
589,802
12.
TANGIBLE FIXED ASSETS
Fixtures
Plant and
machin
rillings
Totals
COST
At l April 2024
Additions
Disposals
12,361
223,850
12,361)
214.600
9,250
112,361)
At 31 March 2025
214.600
9,250
223,850
DEPRECIATIOLY
At l April 2024
Charoe tor l'ear
Lliminated on disposal
12,361
1.850
12,361)
12.361
10,434
12.361)
8,)84
At 31 March 2025
8,)84
1,850
10,434
NET BOOK V'ALUE
At 31 March 2025
206.016
7,400
213.416
At 31 March 2024
13.
INVESTMENT PROPERTY
FAIR VALUE
At l April 2024
and 31 March 2025
410,000
NET BOOKVALUE
i 31 March 202)
410,000
At 31 March 2024
410,000
Fair ￿'alue at 31 March 2025 is represented bv:
Valuation in 2022
410,000
Page li
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
13.
INVESTMELYT PROPERTY- continued
If investment property had noi been rthalued il Mould hai"e been included ai the following historical cosi:
31.3.25
31.3.24
Cost
280.273
280,273
Thc invcstmcnt propcrty. M'"as N'alucd on an o￿n markct basis on 19 Fcbruary, 2022 bv Sloan Propcrty Scnwiccs.
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Trade debtors
Amounts uw'cd by group undcrtakings
Oiher debtors
Prcpa)'mcnts and accrucd incomc
2,729
169.846
2,314
35,080
4.361
147,168
9.003
16,041
209.969
176,573
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25
31.3.24
Tradc crcditors
Social securiry and other taxes
VAT
Other creditors
AcLruals and dcfcrrcd incomc
Accrued expenses
Deterred grant income
12,004
5,948
2,667
813
6,)69
6,071
172,425
11,295
5.225
1,788
7,775
3.000
69,478
206.497
98,561
16.
MOVEMENT IN FUNDS
Net
moi"ement
in funds
Transfers
beiiieen
tunds
At 1.4.24
At 31.3.25
Unrestrieted funds
General fund
Designated fund
Revaluation reserve
260.690
199.384
129.728
198.099
199,384
(199,384)
658,173
129,728
589.802
198.099
787.901
TOTAL FUNDS
589.802
198.099
787,901
Page 16
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
16.
MOVEMELYT IN FUNDS- continued
Net movement in lunds, included in the atKTrve are as folloi48=
Incoming
resources
Rcsourccs
expended
Movcmcnt
in funds
Unrestrieted funds
Gcncral tund
507.i19
(309,420)
198,099
Restricted funds
Restricted fund
136234
(136,234)
TOTAL FUIYDS
445,654)
198,099
Comparatives for movement in ￿lld5
Nct
moN'ement
in tunds
At 1.4.23
At 31.3.24
Unrestrieted funds
General fund
Designated fund
Revaluation reserve
235.124
199.384
129.728
25,566
260.690
199,384
129,728
564.236
25,)66
589,802
TOTAL FUNDS
564.236
25,566
589,802
ComparatiN'e net mowemeni in funds: included in the at¥)N"e are as lolloi¥s:
Incoming
resources
Resources
expended
Movemenl
in funds
Unrestrieted funds
General fund
318.285
(292,719)
25,566
Restricted funds
Restricted fund
74,)91
(74,591)
TOTAL FUNDS
392.876
367,310)
25,566
Page 17
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
16.
MOVEMELYT IN FUNDS- continued
current vear 12 monihs and prior vear 12 months combined wsiiion 15 as folloii's:
Nct
moi'emeni
in funds
Transfcrs
'een
fund5
At 1.4.23
At 31.3.25
Unrestricted fullds
General fund
Dcsignatcd fund
Re￿.aluatIOn reseTh'e
235.124
199.384
129.728
223,665
199,384
(199,3841
658.173
129.728
223.665
787,901
TOTAL FUNDS
564.236
223.665
787 901
A current vear 12 months and prior j'ear 12 months combined net moi'ement in funds, included in the abO￿e are
as fulloii-'s'.
Incoming
resources
Rcsourccs
expended
Moi'cmcnt
in funds
Unres¢rieted funds
Cjeneral tund
825,804
(602,139)
223,665
Restricted funds
ReslriLted fund
210.825
(210,825)
TOTAL FUNDS
1,0)6.629
812,964)
223,665
17.
RELATED PARTY DISCLOSURES
The Electric Barge Limited
'l-he Llectriu Barge Limiied is the trading subsidiaTh ofThe Beauchamp Lodge Seiilement.
'I'he Llectric Barge Limiied is regisiered in Lngland and Wales, and the companv regislralion number is
09952676.
The registration otfice address of The Electric Bar?e Limited is Studio 63 Great Western Studios, 65 Alfred
Road. London. W2 iLU.
During thc i'car, thc Charitv rccciN-cd donations and contributions toNI"ards costs of £178:446 (2024= £170,Oi9)
from The F.leciric Barge l.imited.
At the year end, the Charitv ivas owed £169.846 (2024: £147.168) from The F.lectric Barge Limited. This loan
carrics no intcrcst and is rcpal'ablc on dcmand.
Westminster City Council
During the vear, the Charity received grants of £24,05912024.. £19,897) from Westminster Citv Council.
Trustcc Saccd Oluii'-adipc is an cmploi'cc of ￿-CstMI￿Stcr Cits. Council. and Trustcc and Vicc Chair Angcla
Piddock is a Westminster City Councillor.
Page 18
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
18.
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATIIYG
ACTIVITIES
31.3.25
31.3.24
Net income for the reporting period (a5 per the Statement of Financial
Activities)
Adjustment5 for:
Depreciation charoes
Intcrcst rcccivcd
Interest paid
Incrcasc in dcbtors
Increase/(decrease) in creditors
198,099
25,566
10,434
(I,i161
4.413
14,5671
24,247)
133.3961
107,936
Net cash provided by operat10115
281,757
1,165
19.
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At31.3.25
Lyet cash
Cash at bank
101.790
161.013
101.790
59223
161,013
Tolal
101.790
i9.223
161,013
20.
GRANTS RECEIVED DURING THE YEAR
British Land (BL) aw'arded BLS a grant io delii.er Life AfloaL the l-'loaiing Classroom's local arealcanal herilage
project: in summer 2024.
BLS was aiTrardcd grants from thc Holidav Actii"itics and Food {HAF) programmc - administcrcd Ilia Young
Westmin51er I'oundation - ￿ delii er 4 ITr#'eek-long puppel-making and perfonnance projects during the Lasler:
Summer, and Christmas 2024 school holidaN"s.
In December 2024, Gartield Weston Foundation aivarded BLS a grant to￿"ardS runnino costs.
In September 2023, BLS receii'ed the final instalment of the John Lvon's Charits s (JLC} Additional Support
Grant. parl of w'hich ￿'aS Larried forniard into 2024-25.
JLC awardcd BLS a fivc-vcar Opcn Programmc Grant in March 2024.
'I'he Rose Foundation awarded BLS grants iom.ards small building 1%"0￿51repairS on the l--loaLing Classroom.
Wcstminstcr Citv Council (WCC) Comrnunitv Prioritics Programmc aM"ardcd BLS grants to dc11￿cr trips for
communiry groups in North Westminster.
WCC Church StreeL Harro￿ Road. Hvde Park. l.iitle Nlenice. Maida Nfale: Queen's Park, and Westboume Ward
Councillors aw'ardcd BLS grants to dclis.cr Icarning trips for primary schools in thosc iiards in 2024-25.
WC.C North Paddington CrcatC5 aM"ardcd BLS a grant to d￿'clOp and dclii'cr an aftcr-school puppct-making and
perfom)ance project in partnership ii.iih Ihe Puppei Barge.
In Januarv 2025. Westminster Foundation paid the first instslment of the five-year Partnership Grant it had
aTh'ardLd BLS in Scptcmbcr 2024.
The Whitele! Community Foundation aiiarded BLS a to deliN"er learning trips for schools in its area of benefit.
Page 19
continued...

The Beaucham
Lod e Settlement
Notes to the Financial Statements - continued
ror the Year Lnded 31 March 2025
20.
GRANTS RECEIVED DUIUNG THE YEAR- continued
'I'he William Gibbs Religious & Lducaiional -l-rusi (WGRL'I-) aiiarded BLS grants 1014.ards running cosls.
In Januarv 2025: Young Wcstminstcr Foundation {YWF) aii"ardcd BLS a Brightcr Futurcs grant to dclii'cr a
stor¥'telling project for children. voung people. and families in Westminsier. The ii,hole of this grant ￿'aS carried
for¥s'ard into 2025-26.
Paoe 20

The Beaucham
Lod e Settlement
Detailed Statement ot Financial A￿1vIlieS
ror the Year Lnded 31 March 2025
31.3.2)
31.3.24
INCOME AND ENDOWIIIEIYTS
Donatiolls legacie5
Donations
379.821
177.719
Income from sehools, community groups and privgte hire
Educational incomc trom sch￿] and communit
groups
18.929
35.786
Investment ineome
Rents received
Deposit account interest
25,475
24,250
26,791
24,250
Charitable activitie5
Grants
218,212
155.121
Total incoming resources
643,753
392,876
EXPENDITURE
Charilable aclivities
Statf costs
Soiial securi
Pensions
Propertv and venue hire costs
Rent and rates
Staff training and rccruitmcnt
Boai insurance
Catering cos
Freelance workers
Rcpairs, maintcnancc and mooring costs
178.895
4.602
1.481
27,724
6.965
9.158
10.518
6.036
28.604
i8,769
142,348
,321
6,)68
3,186
10,938
4,243
23,605
43.2)5
)12,752
246.6J2
Other
IndLpLndcnt cxamination fccs
Plant and machinerv
FixturLs and fittings
Bank loan interest
Bank chargcs
4.975
8,)84
1.850
2,625
4,413
212
217
l i,626
7,250
Support costs
Management
Admin statTuosts
Website
Carried fornl'ard
86,446
419
86,865
85.938
931
86.869
This page does not fomi part of the statutorv financial staiements
Paoe 21

The Beaucham
Lod e Settlement
Detailed Statement ot Financial A￿1vIlieS
ror the Year Lnded 31 March 2025
31.3.2)
31.3.24
Management
Brought forn￿ard
TraN'el and subsistence
InsuranLc
Affiliation fees and training
TclLphonc
Postage and stationer
Trustccs. cxpcnscs
SundTh' expenses
Computcr costs
86,865
31
2.191
1,187
2.965
1,727
86.869
13
,232
,249
2,918
579
,798
2,li3
l.i57
97,753
96.818
Governanee costs
VAT disalloiN"cd
Professional fees
ALcountanLV
4.773
946
7,018
8,646
9.394
19,523
16,610
Total resources expended
445,654
367,310
et ineome
198.099
25.566
This page does not fomi part of the statutorv financial staiements
Paoe 22