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2025-03-31-accounts

Report of the Management Committee 2-7
Report of the Accountants 7-9
Statement of Financial Activities 10
Balance Sheet 11
Notes to the Financial Statements 12-16

Total Total
Restricted Unrestricted 2025 2024
Funds Funds
Notes £ £ £
Incoming Resources
Voluntary Income 775,919 134,603 910,522 985,513
0 0
Investment Income 0 3,925 3,925 3,496
Total Incoming Resources 2 775,919 138,529 914,448 989,009
Resources Expended
Direct Charitable Expenditure 3/4 859,805 60,661 920,466 992,579
Total Resources Expended 3/4 859,805 60,661 920,466 992,579
Net Income/(Expenditure) for year -83,886 77,868 -6,018 3,570
Funds Brought Forward 145,572 75,647 221,219 224,789
Funds Carried Forward 14 61,686 153,515 215,201 221,219

11

WANDSWORTH COMMUNITY EMPOWERMENT NETWORK BALANCE SHEET AS AT 31 MARCH 2025

Notes
Fixed Assets
Tangible assets
10
Current Assets
Prepayments and Sundry Debtors
9
Cash at Bank and in Hand
Creditors: Amounts Falling Due
8
Within One Year
Net Current Assets/(Liabilities)
Net Assets
Funds
General Funds
Restricted Funds
Total Funds
14
2025
2024
£
£
£
£
14,008
17,692
128,167
97,539
175,166
303,744
303,333
401,283
102,140
197,756
201,193
203,527
215,201
221,219
153,515
145,572
61,686
75,647
215,201
221,219
2025
2024
£
£
£
£
14,008
17,692
128,167
97,539
175,166
303,744
303,333
401,283
102,140
197,756
201,193
203,527
215,201
221,219
153,515
145,572
61,686
75,647
215,201
221,219
221,219
145,572
75,647
221,219

The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for:

(a) ensuring that the company keeps accounting records which comply with sctions 386 and 387 of the Companies Act 2006 and

(b) preparing financial statements which give a true and fair view of the stateof affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the financial Reporting Standard for Smaller Entities (effective April 08).

The financial statements were approved by the directors on 29/12/2025 and were signed by:

Geetha Maheshwaran - Chair

The accompanying notes are an intergral part of this balance sheet

2Incoming Resources
Restricted Unrestricted 2025 2024
£ £
NHS South West London CCG 0
NHS South West London CCG - EМHІР 393,626 43,163 436,789 240,233
NHS CCG -WBС 0 0
London Borough of Merton 60,000 0 60,000 0
BHCIC 0 0 0 4,000
Croydon GP Conferderation 0 8,574
Kingston Hospital 0 0 10,500
Wimbledon Foundation 0 0 0 28,234
Citizens Advice Wandsworth 41,200 0 41,200 40,000
National Lottery Community Fund 76,093 0 76,093 118,273
SWL & STG Mental Health Trust 0 50,000 50,000 50,000
SWL & STG Mental Health Trust - Transformatior 160,000 160,000 160,000
Deferred Icome Releleased 45,000 40,000 85,000 325,000
Sundry Donations 0 1,440 1,440
Total Income 775,919 134,603 910,522 985,513
Resources Expended
Restricted Unrestricted 2025 2024
Resources Expended
Salaries & On Costs 534,812 24,431 559,243 586,229
Accountants Fees 4,650 750 5,400 2,500
Payroll Costs 1,099 362 1,461 1,206
Bank Charges 84 36 120 120
Rent, Heat, Light 14,221 4,905 19,126 16,350
HR Costs 14,996 1,901 16,897 6,337
Stationery 321 180 501 1,202
Telephone Costs 1,441 1,441
IT Costs 27,678 5,105 32,783 20,418
Marketing & Promotion -26 1,053 1,027 6,016
Refreshments 185 0 185 420
Copier Costs 2,372 621 2,993 4,142
Insurance 903 154 1,057 1,027
Training 22,304 6,976 29,280 27,905
Travel 581 225 806 1,500
Freelance Workers 29,683 13,409 43,092 89,395
Direct Project Costs incl EMHIP 201,370 201,370 224,129
Depreciation 3,131 553 3,684 3,684
859,805 60,661 920,466 992,580

14

WANDSWORTH COMMUNITY EMPOWERMENT NETWORK INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2025

4 Management & Adminstration of the Charity
Accountants Fees
Payroll Costs
Bank Charges
Insurance
Depreciation
4,650
750
5,400
2,500
1,099
362
1,461
1,205
84
36
120
120
903
154
1,057
1,027
3,131
553
3,684
3,684
9,867
1,855
11,722
8,536

5 Staff Costs and Numbers

The average number of employees during the period was 18 (2024 - 19).

Salaries & Fees
Social Security & Pension
2025
2024
£
£
534,902
588,145
24,341
26,764
559,243
614,909

1 employee received remuneration of more than £60,000 during the year (2024 - 1)

Trustees are considered as key management personnel but none of them received a salary.

6 Net Income for the period

This is stated after charging

This is stated after charging
2025 2024
£ £
Trustees' Expenses 0 0
Accountants Remuneration 5,400 2,500
Depreciation 3,684 3,684

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16 bnK'I'IIfr: I'Tr..IK I'EIUUD JA .IIARLII 1025 I I Cuntingiiiit Liabiliiles 'rhLfL ￿ LrL n() Ll)nlin¥¢ni li.thililii% ai thc dali L)t-Ihe report. (?a•4 . Nil 12 1,llbility Iv ￿le￿Iber lip ine1yi￿.rs OT¥ TVqUIJLd Ic) LuiIITibule an ami)urii 11411 ¥KLi¥dinb L-l. 11 Tru¥tL'I. RL'miiiiiruiiun & RLl#iid Partv Tran5af iluns No tnimbcr% i)f IhL mna¥LmLiII L(Trmmiti¢¢ r¥¢¢lVid 2n1 rkll)UllirJl1()n durin￿7 th¥ yC(Ir. At 1 Aprillnc(InTÉnx.)utkTroink 2024 Ri'siiurLe!<i'%tsuriL'% March 2025 lJnrt8trirli,d funf 75,647 1 57 75.647 138.529 60,661 153,515 Ri'%trÉcttd funds 145.572 775.414 115Y.NIIs 61.fi86 145.572 775,919 859.805 61,686