Fulham The Queen's Award for Voluntary S•rvlc• Good Neighbours Report of the Trustees and Audited Financial Statements for Year Ended 31 March 2025 for Fulham Good Neighbour Service j i Gardening Belrlending Soclal ClubslEvents Communlty Meals ItT yITiiW /.L Good Nelghbour Scheme Chalr Based Exerclse Decoratina & Minor Repalrs Dioital Support
Table of Contents Re ort of the Trustees Inde ndent Examiner's Re ort Statement of Financial Activities Balance Sheet Notes to the Financial Statements Detailed Statement of Financial Activities 16 17 18 25 Re ort of the Trustees The trustees who are also directors of Fulham Good Neighbour Service for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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) (effective 1 January 2019). Our Hlsto Founded in 1966, Fulham Good Neighbour Service grew from the Fulham District Nursing Association, which was established in October 1919. Following the First World War, the Mayor of the Metmpolitan Borough of Fulham established the Fulham War Memorial Trust Fund. This funded the construction and ongoing maintenance of a war memorial, located in Vicarage Gardens on Putney Bridge Approach. The remainder of the Fund was invested to establish the Fulham District Nursing Association. In 1966, the then-named London Borough of Hammersmith became responsible for local health care provision. Consequently, Fulham District Nursing Association was dissolved. The Fulham War Memorial Trust Fund transferred the remaining funds to the newly established Fulham Good Neighbour Service. In 2006 Fulham Good Neighbour Service moved to Rosaline Hall on Rosaline Road. Built in 1901, Rosaline Hall was initially a mission hall for the Dawes Road Baptist Chapel. In 2019 Fulham Good Neighbour SeNice received The Queen's Award for Voluntary SeNice, and in 2022 won its first international award from the International Congress of Healthy City Design. In 2023, Fulham Good Neighbour Setvice was awarded a London Borough of Hammersmith and Fulham Civic A ward and represented the Borough at the Local Charity Champions, Reception at 10 Downing Street. In 2024 Fulham Good Neighbours promotional film Into The Fold, in partnership with Media Trust and City Bridge Foundation, won the People's Choice OCFA Charity Film award in the category of 250K - £450K Turnover, as well as a Smiley Charity Film Award.
Vision Mission and Values Vlslon Statement: To create an inclusive community where neighbours look out and care for each other. Mission Statement: We enrich the lives of older people and people with disabilities in Fulham by providing practical help and creating opportunities to.. Contribute to society,. Connect with Others.. and Live life to the fullest. Our Values: Trustworthiness; Being Welcoming & Inclusive. and Proactivity & Flexibilily. 2024-25 Summa The year saw an excellent conclusion to our 2021-25 strategic period. In summary, in financial year 2024-25. we supported: 167 beneficiaries through our Gardening, Decorating and Home Repair schemes with a total 425 individual tasks completed. 115 beneficiaries through our Befriending, Telephone Befriending and Good Neighbour Scheme with a total of 754 tasks completed. 153 beneficiaries via our Community Meals, Socials Clubs, and Events with a total of 3.173 attendances recorded. 87 beneficiaries via our online classes, Digital Inclusion Support and Digital Drop- in. 459 online classes attendances were recorded and 345 tasks were completed. A total 361 unique beneficiaries accessed our services between 1 st April 2024 and 31 st March 2025. All projects are provided to beneficiaries for FREE. A Round U of Our Year 2024-25 Fulham Good Neighbours delivered a broad range of seNices for older people and those with disabilities across Fulham. via our community centre, in the homes of beneficiaries, outreach in the community and digitally. Chief Executive Jamie Hilton left in Spring 2024 after four sterling years, and Flora Taylor was recruited to the role. Flora has previously managed two local charities and volunteered with Fulham Good Neighbours. Fulham Good Neighbours ran a series of clubs focusing on exercise, creative and cultural interests, plus twice-weekly community meals, led by our Social Clubs Coordinator, Ruth George. These included the launch of a successful new Textile Club in 2025. Our home and garden seniices have thrived under the stewardship of Stephen Fay, Decorating & Home Repair Coordinator. and Barney Valentine, Gardening Projects Coordinator. A new Digital Inclusion Drop In managed by Rubab Sulhail, Digital Inclusion Coordinator. broadened our digital support to beneficiaries, while continuing to provide one-to-one support, device loan and data bundles. Our Volunteer Coordinator led our Good Neighbour and Befriending programmes with Grace Fabean leaving and Taura Riley joining in the period.
The Art Club led by Roopa Basu at the launch of the Fulham Through the Seasons mural - October 2024. Throughout the year. a series of events were held to celebrate milestones and occasions. This included the Spring Festival, which featured a performance by the Fulham Good Neighbours Choir, and the unveiling of Fulham Through the Seasons, a giant mural created by the Art Club. A smaller version was unveiled by The Deputy Mayor of Hammersmith and Fulham, Councillor Daryl Brown at our Annual General Meeting and has taken a permanent position at Rosaline Hall. Beneficiaries enjoyed an all expenses paid coach trip to Eastbourne and a Christmas Tea at Hurlingham Club. During the cold months, Fulham Good Neighbours enhanced our offer to beneficiaries by distributing over 150 M&S Thermal tops via a grant from H&F Giving. Following reappraisal of our information management, Fulham Good Neighbours transferred over to a new data management system, Charity Log, to better manage our beneficiary, task and outcome information. This involved a demanding three-stage transition period but is now proving highly effective. Cyber security was also reviewed and an enhanced system introduced. A review of the facilities and space at Rosaline Hall was conducted and an Options Analysis provided pro bono by Alan Higgins Architects. The findings of this led trustees to decide to designate significant reserves to refurbish the community centre, to ensure our long-term growth. With three Trustees reaching the end of their term in 2025, Fulham Good Neighbours ran a recruitment campaign with the result that four new trustees are due to join the board in financial year 2025-26.
'(Iif Beneficiaries and staff enjoyed a coach trip to Eastboume - August 2024. The Research Behind Our Pro'ects The Index for Wellbeing in Later Life1 identified 40 indicators which enhance an individual's sense of wellbeing. Of these, creative & cultural participation and physical activity were the two most significant factors and Art, Choir, Reading, and Chair Based Exercise projects therefore continue to be core to our work. In line with the London Borough of Hammersmith & Fulham Older People's Needs Assessment 20242 our emphasis is on improving quality of life and allowing individuals to live independently for as long as possible. The 65+ population of Hammersmith & Fulham is predicted to increase by 360/0 in total from 22,780 in 2023 to 30,882 in 2033. Those aged 85 years and over, living in the borough will increase by 48 % . In Hammersmith & Fulham, 25.6 % of older adults aged 60+ are income deprived. The majority of older people live in the south of the borough. 430/0 of Hammersmith & Fulham residents aged over 65 live alone, the fourth highest proportion in England. One in five residents over 65 have poor or very poor health and more than half live with a long-term health problem or disability. Those aged 85 years and older have a disability rate 4 times higher than those aged 15 to 24 years old. Fulham Good Neighbours continues to take affirmative action on disability. As perthe local Disabled People's Commission3 we will ensure thatthere is'nothing about disabled people without disabled people,. Age UK and the University of Southumpton 2017 www.IbhA.gov.uk/sites/defvult/fAles/2025-03/older-people-s-needs-ossessment-2024.pdf www.Ibhf.gov.uk/sites/defoult/files/section attachments/hf-di5abled-peoples-commission-finol-accesslble-report-june- 2018.pdA
Our Volunteers We benefitted from the invaluable dedication of 51 active Fulham Good Neighbours volunteers across our Gardening, Home Repair, Decorating, Digital Inclusion Projects, Good Neighbour Scheme and Befriending Programme. In addition, we are hugely grateful for support from another 101 corporate, school and student volunteers. This includes Research Partnership staff providing 'Christmas Boxes, to our beneficiaries, Rhythm Studio music students entertaining our Wednesday Lunch Club throughout the year, Elsevier who gave digital support at our Techy Tea Parties and students from University College London took part in the Social Hackathon to generate ideas for volunteer recruitment. Thanks to volunteers from Citizens Advice Hammersmith & Fulham, we provided information workshops on a variety of topics to beneficiaries. Volunteers from UCL at Social Hackathon - June 2024 Our social clubs are dependent on volunteer support.. our Reading Group was led by Avril Peyton who trained with the Reading Agency, Sunday Tea by Jean Cairns and Andy Munday. Craft Club volunteer Tom Cooke led the group until he retired in December 2024 when we launched a new Textile Club in partnership with Fulham Textile Studios. Virginia Manch led our Digital Drop-ln and Jill Weston our Birthday Card project. Nicky Sansom orchestrated the Parsons Green Fair with her team of organisers and volunteer marshals. "My volunteering keeps me busy and gives me pleasure that the peopl6 I visit enjoy it. Befriending Volunteer Our Pro'ects in 2024125.. Fulham Good Neighbours offered the following projects for the benefit of older and disabled people living in Fulham. Support in the Home & Garden via.. Decorating & Home Repairs Gardening Good Neighbour Scheme Office Support- advocacy, information, administration and signposting.
Support in the Community via: Social Clubs - five days a week at our community centre Creative & Cultural Social Clubs.. Art, Choir, crafteXt11e, Reading Chair Based Exercise (x 2 weekly) Community Meals: Wednesday Lunch Club, Silver (x 4 monthly), Sunday Tea. Support Online via.. Digital Inclusion - supporting those excluded from digital communications. particularly those housebound, including one-to-one volunteer support, Digital Drop-in, device loan & internet connectivity. Online Art Group Online Chair Based Exercise. Decorating & Home Repalrs: Our professional repair and decorating professional, supported by volunteers, carries out essential tasks to improve safety and security in the home and small decorating jobs. The project supports beneficiaries who cannot afford to pay privately and have neither the ability nor familylfriends available to do the tasks. 'Steve and Rex helped me with some painting, both being very professional and friendly and helpful- absolutely brillianti. Decorating Beneficiary Gardening: The project provides gardening services to those who cannot pay, nor do the work themselves. It incorporates professional one-off jobs completed by our RHS trained gardener, supported by volunteers, and our Adopt a Garden project for a longer-term ongoing gardening, where volunteer gardeners are matched to a beneficiary and provide ongoing help. With funding from the National Lottery, a series of gardening workshops were run for volunteer and beneficiaries, in partnership with Nubian Life including Using Plants to Produce Natural Dyes for a Silk Scarfs, Planting Flowers for Pollinators in Autumn, The Benefits of Growing Microgr8ens and Understanding the Health Benefits of Gardening. Gardening Projects Coordinator Barney Valentine. Befriending: The project matches a screened and trained volunteer to a beneficiary based on personality and shared interests. The volunteer provides long-term friendship and support at the home of the beneficiary, over the telephone and in the community.
Good Neighbour Scheme: This provides invaluable practical support to older and disabled community members. It covers everything from one-off grocery shopping, wheelchair pushing, escorting to an appointment, collecting and delivering medication. It is entirely dependent on our bank of reliable and helpful volunteers. "Excellent way of making new friends" Social Club Beneficiary Digital Inclusion: The programme provided digital first aid at a Digital Drop-in on Monday mornings led by volunteer Virginia Manch, and also at the homes of beneficiaries. A Techy Tea Party in celebration of Get Online Week has added enormous value to the project, broadening the range of digital support our beneficiaries can access. Social Clubs, Community Meals and Events: The clubs and meals have continued to flourish and in addition, events and outings were arranged, a particular highlight being an all expenses paid coach day trip to Eastbourne, generously funded by The Daisy Trust and a visit to Hurlingham Club. Led by their passionate Art Consultant Roopa Basu, the Art Club partnered with Higgins Partnership to create a beautiful mural, Fulham Thmugh the Seasons. This celebrated the 370 years collectively that club members have lived in the borough. The mural is now incorporated into the hoarding at the Hartopp and Lannoy building development on Dawes Road, while a smaller version adorns Rosaline Hall. Previously focused on paper-craft activities, Craft Club was relaunched in January 2025 as the Textlle Club in partnership with Fulham Textile Studio. Members explored fabric, threads and colours and make patchwork images through cutting and sticking. Wednesday Lunch Club decorates silk scaThes with natural dyes - November 2024 In partnership with Rhythm Studio, the all-abilities Cholr sang classics from the Beatles, The Monkees and Simon & Garfunkel. It was led by choir master and international musician Andrin Haag, a multi-instrumentalist and composer with a passion for rhythm and harmony. In partnership with charity, The Reading Agency, and led by volunteer Avril Peyton, our Reading Club enjoyed a wide selection of poems and short stories. They together read the entire novel Rebecca and had a special showing of the film version of the book at Rosaline Hall.
The Chair Based Exercise Club is led by qualified instructor Jonathan Woollard. It takes beneficiaries tWI-weekIY through exercises specially designed to strengthen the body and improve mobility. "The Chair Exercises with Jonathan have greatly improved my balance." Chair Based Exercise Class Beneficiary The Silver Club hosts meals in pubs and cafes around Fulham each week, whilst the Wednesday Lunch Club takes place at Rosaline Hall. This year, the club enjoyed performances by Rhythm Studio Students and Fulham Good Neighbours Choir. Information workshops were held twice a month, with topics including: Pension Credits by Citizens Advice, Palliative Care by NHS, Keeping Healthy in Winter by Nubian Life, and Lung Health by Lung UK. At Christmas, The Rah Rah Theatre Company gave a performance Little Red Riding Hood to Silver Club members at the Christmas Lunch at st Peters Church, whilst Hurlingham Club kindly hosted beneficiaries for Christmas Tea. 'Joining the Choir helped me come out of a deep depression." Choir Club Beneficiary The Parsons Green Fair.. The Fair took place on Saturday 6 July 2024 and featured over 100 independent stalls selling a huge variety of goods from clothes, jewellery, food and pictures. Drama and music schools performed on the main stage throughout the day, and there was a huge range of attractions for children including donkey rides, magic shows, a circus workshop and a petting farm. The festival exclusively raises funds for Fulham Good Neighbours and provides a platform to promote our full suite of services while showcasing other local enterprises. Marston Properties, our main sponsor, is fundamental to making the Fair such a success as are the efforts of volunteer marshals and organisers. Tom Cook and a perfonner at the Parsons Green Fair- July 2024
Our Im Our impact is reflected in the results from our beneficiary survey, which is conducted throughout the year. The survey measures our impact versus our vision, mission, and values. FGN Impact Survey Results 2024-5 loo% 90Y. 80% 70Y, 60% 50°A 40°A 30% 20% loy. 0% Woiild you Oo yoii tliiiik i-ecoiTriiiief)d FGN encoiiia8es FGN? Doe5 FGN help YOLJ becoiiie Does FGN support yoiir Does FGN Doe5 FGN lielp siipporl yoii to yoii to addre55 stay physically active Dc)es FGN SLJPPOI-i yoiir wl)ei e i)eigboiii s iiidepeiideiitP wellbeiiig. cai e loi each oiheiP Maybe wYe5 io
Financial review Fulham Good Neighbour Service operated a planned deficit during the year. Substantial unrestricted reserves ensured full delivery of services, while the financial climate made fundraising challenging. Trustees made the decision to designate significant reseNes to a refurbishment of the community centre to ensure our long-term growth. The charity continues to benefit from a substantial legacy received prior to the pandemic, which was invested in an Expendable Endowment Fund to help secure its longer-term future. We actively seek to diversify income streams. Our biggest funders were City Bridge Trust and the London Borough of Hammersmith & Fulham followed by Garfield Weston Foundation. Fulham Good Neighbours attracted multiyear funding from Garfield Weston Foundation and repeat funding from Good Things Foundation. We attracted first time funding from H&F Giving's Winter Support Fund. The Parsons Green Fair continues to provide a significant income of unrestricted funding. Funders and ro bono su ort Our funders.. Between 1st April 2024 and 31st March 2025, Fulham Good Neighbour SeNice benefitted from generous grants.. All Saints Church - funded our core services City Bridge Trust - funded staff salaries Co-op Community Fund - funded our Social Clubs Edward Gostling Foundation - funded our core costs Floren Cohen Charitable Trust - core projects Garfield Weston Foundation - funded our core costs Good Things Foundation - funded our Digital Inclusion project GM Marriage - funded our core costs. Higgins Partnership - funded our Fulham Through the Ages Art Project. H&F Giving - funded our Winter Support Projects London Borough of Hammersmith & Fulham - funded core costs Marston Properties - were the main sponsor for the Parsons Green Fair National Lottery Awards for All - funded social clubs Research Partnership- individual projects Sirrom Charitable Trust- funded various projects Sisters of the Holy Cross - funding projects In addition. Fulham Good Neighbours benefited from many generous individuals making donations both independently and via our Supporters Scheme. Pro bono su ort.. Fulham Good Neighbour Service benefitted from generous pro bono support over the year, including from: Research Partnership- provided Christmas gifts via their corporate volunteering scheme Fulham BID - provided Emergency First Aid and Defibrillator training The Hurlingham Club- a Christmas afternoon tea to our beneficiaries Elsevier- Digital Support volunteers Totality Services - provided pro-bono IT support Yellow Panda Pub Co. Silver Lunch Club puddings. li
Risk and Reserves Polic To best manage potential risk to Fulham Good Neighbour Service, an Organisational Risk Register identifies potential risks to our Governance, Operations, Finance, and Compliance, alongside measures so to mitigate these risks. As a minimum, the trustees aim to maintain free reseNes at an equivalent level of up to one yearfs operational expenditure. At present FGN holds almost nine month's unrestricted reserves of £254,000. In addition, £255.301 is designated to a property development fund for approved (in principle) projects for the development of the FGN centre at Rosaline Hall. As per our policy, free reserves should provide Fulham Good Neighbour Service with adequate financial stability and the means to meet our chaiitable objectives for the foreseeable future. The trustees believe that risks to the organisation and its property are adequately covered by its insurance and reserves. Our reseNes are a mix of designated funds and free reserves. Those funds designated for a specific purpose are retained as such until that purpose is fulfilled. The trustees reviewthe value of free reserves that are required to ensure that they are adequate to fulfil the charity's continuing obligations on a bi-monthly basis. Fulham Good Neighbour Service is a Going Concern for the foreseeable future. Governance and mana ement Governin document: Fulham Good Neighbour SeNice is governed by Memorandum and Articles of Association signed on 15th November 2005 (and amended by 'Special Resolution Dated 24th September 2019,). This provides that.. With his or her consent, the Mayor of the London Borough of Hammersmith and Fulham is to be president of the charity., and There should be an elected Trustee Board including Chair, Vice Chair and Treasurer and up to seven other members. For the purposes of charity law, the Trustee Board is the executive trustee body of Fulham Good Neighbour Service. The trustees and president perform non-executive roles and are regarded as custodian trustees. Trustees: The board consists of not less than three and no more than ten persons elected by members of the company (Art.30.1). The members of the company are the trLJStees (Art.4.2). The board can appoint anyone to fill a vacancy in the membership of the board. They hold the office until the next annual general meeting {AGM) (Art.33.1). At each AGM after their election or appointment all trustees shall retire but all are eligible for re-election provided that no trustee may senie for a period of more than seven years without a period of a year out of office (Art.31.1). The board of trustees meets bi-rnonthly. At the AGM one third of trustees retire by rotation and are eligible for re-election. The board can also co-opt additional trustees during the year who hold office until the next AGM, when they may be reappointed. The board of trustees elects the Chair and Treasurer. When necessary, trustees are recruited through the media and specialist recruitment agencies. All new trustees go through a recruitment and induction process and are selected with a view to ensuring that the board has an appropriate mix of skills and experience relevant to Fulham Good Neighbour SeNice strategic and operational requirements. Regulartrustee skills audits help to identify any gaps in skills or experien. 12
On appointment, trustees complete a register of interests, and receive copies of the charity's accounts, Memorandum & Articles of Association, and major policies. Trustees are encouraged to take up volunteer roles in the charity's various projects and to participate in external training opportunities. All trustees require a DBS. There are no specific restrictions placed on the trustees, powers of investment by the constitution. Mana ement: The charity has a flat management structure and actively promotes increased involvement of employees in the decision-making process. On a day-to-day basis, the charity is managed by a CEO. Fulham Good Neighbour Service is an active member of SOBUS (community development agency for Hammersmith & Fulham) and sits on the steering group of its Providers for Older People Services forum. Our Staff: Fulham Good Neighbour SeNice is accredited with the London Healthy Workplace Scheme reflecting our dedication to the wellbeing of our staff. We aim to recruit and retain high calibre individuals who not only contribute to the achievement of the charity's aims and objectives but also understand and support the ethos and culture of the organisation. All staff members undergo training in Adult Safeguarding, Cyber Security, First Aid and Health & Safety. Further training is offered depending on the role and interests. The staff team for 202412025 included: Flora Taylor- full time CEO (joined in July 2024). Barney Valentine - part time Gardening Project Co-ordinator. Gra Fabean - full time Volunteer Co-ordinator (left in November 2024). Taura Riley- full time Volunteer Coordinator O'oined in January 2025). Jacqueline Davies - part time Finance Administrator. Olivera Milosevic- part time Administration Co-ordinator (left in January 2025). Rubab Suhail - full time Digital Inclusion & Communications Co-ordinator. Ruth George- part time Social Clubs Co-ordinator. Stephen Fay - part time Home Repair Decorating Project Co-ordinator. Pa . Fulham Good Neighbour Service follows the National Joint Council (NJC) for Local Government SeNices pay scales. Environmental Res onsiblllt Fulham Good Neighbour SeNice recognises our environmental obligations. We have taken the following measures over the last year: Envlronmentall conscious travel: We use an electric van (with our own charging point) for project delivery. We promote environmentally friendly commuting with our bike stand and Cycle to Work scheme. We promote environmentally friendly commuting with our season ticket loan offer to staff. Environmentsll consclous ener consum tion and roducts: We use renewable (non-nuclear) electricity and gas. and all our appliances are at least A rated and lights are energy efficient LED lights. We successfully crowd fundraised to install solar panels at Rosaline Hall, which were installed in May 2023 to reduce our carbon footprint now. We use environmentally friendly cleaning products and Fairtrade food products. Environmentall conscious ro.ect delive We compost all garden waste on site using a shredder, reducing the need for black bin bags, and providing a mulch to local gardens. 13
We actively recycle materials in Rosaline Hall. Statement on Public Benefit: The trustees are confident that Fulham Good Neighbour Service work meets all criteria outlined in The Charity Commission's guidance on public benefit. Reference and administrative detalls Registered Company number 05639340 (England and Wales) Reglstered Charity number 1113752 Registered office 70 Rosaline Road Fulham London SW6 7QT Trustees as at 31 March 2025 Mr R J E Fryer, Chair Ms S M O'Neill, Deputy Chair Mr N A Outred, Honorary Treasurer Ms L E Payne- resigned in March 2025. Ms K A Payne Ms A N Sansom Ms J H Whittle Ms A Peyton Ms A D Meakin Independent Examiner Nordens Audit Limited The Retreat 406 Roding Lane South Woodford Green Essex IG8 8EY Approved by order of the board of trustees on by: and signed on its behalf Mr N A Outred - Trustee & Honorary Treasurer 14
Fulham Good Nei hbours Service Inde endent Examlner's Re ort for the Year Ended 31st March 2025 Independent examiner's report to the trustees of Fulham Good Neighbour Servlce ('the Company.) I report to the charity trustees on my examination of the accounts of the Company forthe year ended 31 March 2025. Responsibilities and basis of report As the charity's trustees of the Company (and also its directors 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 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 Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not matter considered as part of an independent examination; or the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)). 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. Lorraine Curtis ACA BFP FCCA Nordens Audit Limited The Retreat 406 Roding Lane South Woodford Green Essex IG8 8EY Date: 3 November 2025 15
Fulham Good Nei hbour Service Statement of Financial Activltles for the Year Ended 31st March 2025 31,3.25 Total funds 31.3.24 Total funds Unrestrictod funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies 17,565 17,565 17,048 Investment income Other income 23,171 39,214 23,171 227.314 18,689 350,989 188,100 Total 79,950 188,100 268,050 386,726 EXPENDITURE ON Charitable actlvltles General 147.565 189,388 336,953 376,525 Nel gainslllosses) on investments 5,096 1810) 4,286 13,5291 NET INCOMEI(EXPENDITURE) (62,519) 12,0981 164,6171 6,672 RECONCILIATION OF FUNDS Total funds brought forward 1,421,820 53,259 1,475,079 1,468,407 TOTAL FUNDS CARRIED FORWARD 1.359,301 51,161 1,410,462 1,475,079 16
Fulham Good Nei hbour Seryice Balance Sheet 31st March 2025 31.3.25 Total funds 31.3.24 Total funds Unrestrlcted funds Restricted fund Notes FIXED ASSETS Tangible assets Investments 869,200 470,243 2,663 48,498 871,863 518,741 878,283 510,926 1,339,443 51,161 1,390,604 1,389.209 CURRENT ASSETS Dèblors Cash at bank and in hand 100 32,285 100 32,285 5,000 92,090 32,385 32,385 97,090 CREDITORS Amounls falling due within one year 112,527) 112,5271 111,220) NET CURRENT ASSETS 19,858 19,858 85.870 TOTAL ASSETS LESS CURRENT LIABILITIES 1,369,301 51,161 1,410,462 1,475,079 NET ASSETS 1,359,301 51,161 1,410,462 1.475,079 FUNDS Unrestricted fund5 Restricted funds 10 1,359,301 51,161 1,421.820 53.259 TOTAL FUNDS 1,410,462 1.475.079 The charitable 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 accordan with Section 476 of the Companies Act 2006. The Iruslees acknowledge their responsibilities for {a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which give a true and fair view of the slate of affairs of the charitable company as at the end of oach financial year and of ils surplus or deficit for each fin8nci81 year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirèments of Ihe Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. (b} These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject lo the small companies, regime. The fina cia statements were approved by the Board of Trustees and 8Uthorised for issue on .[.................. and were signed on its behalf by.. Mr RJE Fryer Tru & Chair N A Oulred - Trustee & Honorary Treasurer 17
Fulham Good Nei hbour Servlce Note5 to the Financlal Statements For the Year Ended 31st March 2025 ACCOUNTING POLICIES Basls of preparlng the flnancial statements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance wlh the Charities SORP IFRS 1021 'Accounting and Reporting by Chari118s'. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. Income All income is recognised in the Statement of Financial Activities once the charity has enlillement to the fvnds, it is probable Ihal the income wll be received and the amount can be measured reliably. Cash donalions, gifts. legacies and collections are Irealed as income in the year in which they are received. Income from special events and for specific purposes are included in the income and expenditure account in the year the event takes place or the purpose is undertaken. Income from investments and covenanted income including, where appropriate, imputed tax credits are accounted for on a receivable basis. Voluntary help is not included in the financial slalements. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity lo that expenditure, it is probable that a transfer of economic benefits will be required in selllemenl and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. ere costs cannot be directly allribuled lo particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed a88ets Fixed assets, other than office premises. are stated at cost less provision for depreciation al 25 /0 per annum on cost. Freehold property. which represents the Charity's office premises, is stated al cost in accordance wlh the Statement ol Recommended PractlC8. The freehold property is not depreciated as the revaluation model has been used. Instead, the cost of repairs is charged lo the Income and Expenditure Account in the year in which it is occurred. The trustees intend to retain the property. 11 was last valued. for an independent revaluation, on 9th May 2019, Taxatlon The chafily is exempl from corporation lax on its charitable activities. Fund accountlng Restrlcted funds Where a donor has specified a particular purpose for a grant or donation, the income is shown as restricted income in the Slalement of Financial Activities. Any such income unexpended al the year-end is shown as a restricted fund in the balance sheet. Vwhere grants are received to fund capital expenditure, the assets acquired, after any depreciation, are shown as an expendable endowment fund. 18
Fulham Good Nei hbour Service Notes to the Financial Statements- contlnued For the Year Ended 31st March 2025 ACCOUNTING POLICIES - contlnued Fund accounting Designated funds Where funds held for general purposes arè allocated by the trustees for specific fvlure uses, they are Iransferred to a designated fvnd. Expenditure for the purposes specified is deducled from those funds and the unexpended balance is shown as part of unrestricted funds in the balance sheet. If the trustees decide that such fvnds are no longer needed for the purposes specified, the balance of the fund is transferred to general unreslricted funds. Further explanation of the nature and purpose of each fvnd is included in the notes to the financial statements. Penslon co8t8 and other post-retlrornont benefits The charitable company operates a defined conlribution pension scheme. Contributions payable lo the charitable company's pension scheme are charged to the Statement of Financial Activities in the period lo which they relate. INVESTMENT INCOME 31.3.25 31.3.24 M&G investments 23,171 18,689 NET INCOMEIIEXPENDITURE) Net incomellexpenditure} is stated after chargingl(crediting)'. 31.3.25 31.3.24 Independent Examiners fees Depreciation owned assets 600 7,228 1,800 9,179 TRUSTEES. REMUNERATION AND BENEFITS There were no Iruste85' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Tru8tees' expenses Thore were no Iruste85' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 19
Fulham Good Nei hbour SeNice Notes to the Financlal Statements- continued For the Year Ended 31st March 2025 STAFF COSTS The average monthly number ofemployees during the year was as follows.. 31.3.25 31.3.24 Full-time Part-time No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS Fixtures and flttlngs Freehold property Motor vehi¢1o$ Computer equipment Totals COST At 1 April 2024 Additions 850,000 52,631 18,669 16,792 809 938.092 809 At 31 March 2025 850,000 52,631 18,669 17,601 938,901 DEPRECIATION At 1 April 2024 Charge for year 32,496 5.033 15,119 888 12,196 1,307 59,811 7,228 Al 31 March 2025 37,529 16,006 13,503 67,038 NET BOOK VALUE At 31 March 2025 850,000 15,102 2,663 4,098 871,863 Al 31 March 2024 850,000 20,135 3,550 4.598 878,283 FIXED ASSET INVESTMENTS Listed Unllsted nvestments Investments Totals MARKET VALUE Al 1 April 2024 RevalualioT7S 260,926 7,815 250,000 510,926 7.815 At 31 March 2025 268,741 250,000 518,741 NET BOOK VALUE Al 31 March 2025 268,741 250,000 518,741 Al 31 March 2024 260,926 250,000 510,926 There were no investment assets outside the UK. 20
Fulham Good Nei hbour SeNlce Notes to the Financial Statements - continued For the Year Ended 31st March 2025 FIXED ASSET INVESTMENTS- ¢ontlnu&d Cost or valuation at 31 March 2025 is represented by.. Listed investments Unlistèd investmonts Tolals Valuation in 2025 268,741 250,000 518,741 TOTAL FUNDS 268,741 250,000 518,741 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other debtors 100 5,000 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Other creditors Accruals and deferred income 2,527 10,000 3,220 8,000 11,220 10. MOVEMENT IN FUNDS Net movement In funds At 31.3.26 At 1.4.24 Unrestricted funds General fLtnd Property revaluation fvnd 571,820 850,000 162,519) 609,301 850,000 1,421,820 {62,519) 1,359,301 Restricled funds General 53,259 12,098) 51,161 TOTAL FUNDS 1,475,079 {64,6171 1.410,462 21
Fulham Good Nei hbour Service Notes to the Financial Statements continued For the Year Ended 31st March 2025 10. MOVEMENT IN FUNDS - contlnued N8t movement in fvnds, included in Itie above are as follows.. Incomlng resourcès Resources expended Gains and lo$$es Movement in funds Unrostricted fund8 General fund 79,950 {147,565) 5,096 {62,5191 Restrlcted funds General 188,100 (189,388) {8101 12,0981 TOTAL FUNDS 268 050 336,953} 64,617) Comparatlves for movement In fund8 Net movement In funds At 31.3.24 At 1.4.23 Unr•stricted fund8 General fund Property revaluation fund 557,652 850,000 14,168 571,820 850.000 Restricted funds General 60,755 17,496) 53.259 TOTAL FUNDS 1,468,407 6,672 1,475,079 Comparative net movement in funds, included in the above are as follows.. Incoming resources Resources oxp•nded Gains and losse8 Movement In funds Unrestricted funds General fund 94,557 {83,4761 3,087 14,168 Restricted fund8 General 292,169 {293,0491 16,6161 {7,496} TOTAL FUNDS 386,726 376,525) 6,672 22
Fulham Good Nei hbour Service Notes to the Financlal Statements- continued For the Year Ended 31st March 2025 10. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined position is as follows= Net movemènt In funds At 31.3.25 At 1.4,23 Unr•stricted funds General fund Property revaluation fund 557,652 850,000 148,3511 509,301 850.000 Restrlcted funds General 60,755 19,594) 51.161 TOTAL FUNDS 1,468.407 57,945 1,410,462 A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incomlng re80urce8 Resources expended Gains and losses Movement In funds Unrestrl¢ted funds General fund 174,507 {231,041} 8,183 (48.3511 Restricted funds General 480,270 1482,4381 {7,426} 19,594) TOTAL FUNDS 654,777 713,4791 757 57.945} 11. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. 23
Fulham Good Nei hbour Service Notes to the Financial Statements continued For the Year Ended 31st March 2025 12. RESTRICTED FUNDS BREAKDOWN Brought Incomlng Forward Re$ources Outgolng Resources Carrled Fonvard City Bridge Trust- C19 Co-op Community Fund Edward Gosling Foundation (Act Foundalionl Florence Cohen Charitable Trust Garfield Weston Good Things Foundation H&F Giving {previously United in Hammersmilh} LBHF Third Sector Grant National Lottery Community Fund Awards for all Social Clubs Other Grants Research Partnership Sirrom Charitable trust 63,250 1,470 12,500 63,250 1,470 12,500 887 30,000 6,000 12,204 49,140 10,000 3,550 2,663 30,000 6,000 12,204 49,140 10,000 200 336 3,000 200 336 3,000 Total 3,S50 188,100 188,987 2,663 The carried forward amount represents the van purchased during the year and held in fixed assets. This is being depreciated in accordance wlh the accounting policies set out on page 18. 24
Fulham Good Nei hbour Service Detailed Statement of Flnancial Actlvlties For the Year Ended 3tst March 2025 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donatlon8 and legacles Donations Gift aid & legacies Garfield Weston All Saints Fulham Gardening Donations Decorating Donations Sisters of the Holy Cross M&G investments LBHF Third Sector Investment Fund Olher Grants Daisy Trust LBHF Mental Health Parson Green Fair National Lottery Community Fund Awards for all - Social Clubs Research Partnership Co-op Community Fund Good Things Foundation National Lottery Community Fund Partnership H&F Giving (previously United in Hammersmilh) LBHF Fastrack NLCF - Cost of Living Rethink TNN Partnership G M Marriage Sirrom Charitable Trust The Edward Gostling Foundation Sobus City Bridge Trust Endowment Fund Investment Sponsored Evenls & On-Line Donations William Allen Young Charitable Trust Marslon Properties Weinstock Fund Ilncognito) 6,677 6,673 30,000 1,000 2,513 702 5,336 6,247 30,000 750 3,205 1.510 10.000 18,689 47,250 1,915 2,902 2,000 38,419 23,171 49.140 1,251 2,100 23,315 10,000 336 1,470 6,000 3,668 5,500 43,677 12,204 2,275 74,477 3,220 2,000 3.000 12,500 3,000 12,500 3,060 50,000 4,774 6,352 1,000 63,250 2,340 408 8,000 5,000 Total Incomlng resources 268,050 386,726 25
Fulham Good Nel hbour Servite Detailed Statement of Financial ActivStles For the Year Ended 31st March 2025 31.3.25 31.3.24 EXPENDITURE Support costs Management Wages Pensions Rates and water Insurance Postage and Stationery Sundries Computer expenses Staff expenses, training and recruitment Volunteering expenses Cleaning Repairs and maintenance Publicity Social Clubs Fundraising Van expense5 PGF Supplies Digital Inclusion {Expenditurel Good Neighbours Scheme AGM & hospilalily Gardening expenses Decorating expenses HF Wnter Giving Grant Contingency 5 % budgeted Fixtures and fittings depreciation Motor vehicles depreciation Computer equipment depreciation 243,186 19,622 7,373 2,043 2,299 468 5,118 4.735 1,262 1,778 (9,220} 2,103 20,634 244,808 17,373 7,415 1,796 2,054 983 9.501 3,055 928 1,649 5,206 2,544 17,807 117 1,839 15,773 431 232 315 29,698 386 1.372 18.955 430 {148) 124 3,667 309 2,320 500 5,034 887 1.307 1,417 6,712 1,184 1.283 336.166 374,506 Finance Bank charges 120 171 Governance costs Auditors, remuneration Legal fees 600 67 1,800 48 667 1.848 Total resources expended 336,953 376,525 Net Income before galns and losses (68,903) 10,201 Reallsed recognlsed galns and losses Realised gainslllossesl on fixed asset investments 4,286 3,529) Net Income 64,617} 6,872 26