Charty reglstration number 1121998 (England and Wales)
Company registrdtion number 06350164
HOMENETMEN LONDON
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

HOMENETMEN LONDON
LEGALAND ADMINISTRATIVE INFORMATION
Trustees
Armand Abramian
Ike Stepanian
Anna Avekian
Ari Boghosian
Alenoush Grigorians
Secretary
Ike Stepanian
Charity number
1121998
Company number
06350164
Registered office
335 Clty Road
London
EC1V 1LJ
Independent examiner
Mansoor Ghatineh
335 Cty Road
London
EC1V 1LJ
Bankors
Barclays Bank plc
13 Artillery Row
London
SW1P 1RH

HOMENETMEN LONDON
CONTENTS
Page
Trustees report
Independent examiner's report
Statement of fin£nclal actNities
Balance sheet
Notes to the fln8nclal statements
6-12

HOMENETMEN LONDON
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 OCTOBER 2024
The Trustees who are also directors for the purposes of company law present their report and financial ststements
for the year ended 31 October 2024.
The finanaal statements have been prepared in accordance with the accounting policies set out in note 1 to the
finanoal statements and comply with the Charity's memorandum and articles of association, the Companies Act
2006 and "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). las amended for accounting periods commencing from 1 January 2016)
Objectives and activltles
The Charity's objects are to teach Amienian youth a moral, physical and psychological edut3tion and to teach the
richness of the Armenian culture and heritage whilst preparing them to become outstanding and lawLabiding citizens
in the countries which they reside, the advancement of scouting and physical education amongst Amienians. and
the advancement and teaching of Amenian history, culture and language, and the provision of recreational facilities
for Armenians in the interests of social welfare.
The Charity also aims to advan￿ the educalion of the public about Amienia, its people, history, lrterature, language,
instrtutions and its intellectual artistic and economic life, To relieve, or 8SSiSt in the relief of povety amongst the
Armenians living in the United Kingdom, to provide for the upkeep, furnishing, and repair of any Armenian church
estsblished in the United Kingdom.
During the perlod the trustees have actively organised a number of cultural and educational events to fulfill the
organisations aims and objectives.
Public benefit
The Trustees have paid due regard to guidance issued by the Charity Commission in deciding whal aGtivities the
Charity should undertake.
Volunteers
The Charity makes significant us8 of volunteers time in the day to day running of the Charity and for the events
which it runs.
Achievements and perfonnance
Significant Sctivities and aGhievements against objectives
The Trustees are satisfied that the Charity has achieved its objectives during the period.
Fundralsing perfom?8nce
The Charity has continued tc raise fvnds throughout the period from donations and running events to achieve ts
objects.
Financial review
Reserves policy
It is the policy of the Charity that unrestricted funds which have not been designated for a specific use should be
maintained at a level equivalent to at least be￿een three and six month's expenditure. At the balance sheet date
the charity had reserves to cover one year's expenditure. The Trustees consider that reserves at this level are not
eX￿ssive and will ensure that, in the event of a significant drop in funding, they will be able to continue the Charity's
current activities while consideration is given to ways in which additional ￿ndS may be raised. This level of reserves
has been maintained throughout the year.
Principal funding sources
The Charity's principal sour￿$ of income are donations reTrived, subscriptions, and income generated from
hosting various events throughoLrt the year. The Chanty has fulfilled its objectives by running various events for the
Armenian youth. The Charity aims to continue running similar events for the forseeable future.

HOMENETMEN LONDON
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Major iisks
The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in
pla￿ to mitigate exposure to the major risks.
Struthre. governance and management
The Charity is a company limited by guarantee and is therefore govemed by a memorandum and articles of
association.
The Trustees. who are also the directors for the purpose of company law, and who served during the year and up to
the date of signature of the financial statements were".
Armand Abramian
Ik6 Stepanian
Narbeh Minassian
Anna Avekian
Ari Boghosian
Alenoush Grigorians
(Resigned 14 August 2024)
R8Cmitment and appointment of tnistees
None of the Trustees has any beneficial interest in the company. All of the Trustees are members of the company
and guarantee to contrtbute £1 in the event of a winding up. The Trustees are appointed on an annual basis at the
AGM.
The Trustees report was approved by the Board of Trustees.
e Stepanian
Trustee

HOMENETMEN LONDON
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HOMENETMEN LONDON
I report to the Truslees on my examination of the financial statements of Homenétmen London (the Charity) for the
year ended 31 October 2024.
Responsibilittes and basis of report
As the Trustees of the Charity (and also its directors for the purposes of company law), you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the Charity are not required to be audit￿ under Part 16 of
the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the
Charity's financial statements carried OLrt under section 145 of the Charities Act 2011. In carrying out my
examination I have followed the Directions given by the Charity Commission under section 145(5)Ib} of the Charities
Act 2011.
Independent examlnerfs statement
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 that in any material respect=
accounting records were not kept in respect of the Charity as required by section 386 of the Companies Act
2006.
the financial statements do not accord with those records., or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial ststemenls give a true and fair view, which is not a matter
considered as part of an independenl examination., or
the financial statements have not been prepared in accordance wlth the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
I have no concems and h8ve 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 financial stalemenls to be reached.
Mansoor Ghatineh
335 City Road
London
EC1V 1LJ
Date. ..oql.ol.IiolS

HOMENETMEN LONDON
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 OCTOBER 2024
Unrestricted
funds
2024
Unrestricted
funds
2023
Notes
Income and endowments from:
Donations and legacies
Charitable activities
Investments
Other income
47,360
24,458
2,401
19,634
27,468
904
10,621
Total Income
74,217
58.627
Expenditure on:
Charitable activities
73,387
54,004
Totsl expenditure
73,387
54,004
Net income and movement In funds
830
4,623
Reconciliation of funds:
Fund balances at 1 November 2023
153,105
148.482
Fund balanc•s at 31 October 2024
153,935
153,105
The statement of financi81 activities indudes all gains and losses re￿gnised in the year. All income and expenditure
derive from continuing activlties.

HOMENETMEN LONDON
BALANCE SHEET
AS AT31 OCTOBER 2024
2024
2023
Notes
Fixed assets
Tangible assets
13
220
Current assets
Debtors
Cash at bank and in hand
14
2,118
153,397
3,887
152,275
155.515
Creditors: amounts falling due within
one year
156,142
15
(1,800)
(3.600)
Net current assets
153,715
152,542
Totsl assets le&8 ¢Uff•nt Ilabilities
153,935
153,105
The funds of the Charfty
Unrestricted funds
16
153,935
153,105
153,935
153,105
The company is entided to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 October 2024.
The directors acknowledge their ￿SpOnsIbl11ties for complylng wlth the requirements of the Companies Act 2006
WFth respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year In question in
accordance with section 476.
These financial statements have been prepared in accordance with the provisions applicable to companies subjeci
to the small companies regime.
The financial statements were approved by the Trustees on .QS.lo....
tepanian
Trustee
Company registration number 06350164 (England and Wales)

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
Accountlng policies
Charlty inforniation
Homenetmen London is a private company limited by guarantee incorporated in England and Wales. The
registered Offi￿ is 335 Cty Road, London, EC1V 1 U.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ wtth the Charity's memorandum and articles of
associalion,
the Companies Act 2006 and °A¢counting and Reporting by Charities: SLgtement 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)" (as amended for accounting
periods commencing from 1 January 2016). The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charrtles applying FRS 102 Update
Bulletin 1 not to prepare a St21ement of Cash Flows.
The financlal statements are prepared in sterling, which is the functional currency of the Charity. Monétary
amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The prinGipal accounting
policies adopted are set out below.
1.2 Going concern
At the time of approvlng the financial statements. the Trustees have a reasonable expectation that th8 Charity
has adequate resources to continue in operdtional existence for the foreseeable future. Thus the Trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charikble
objectives,
1.4 Incoming resources
Incomè is recognised when the Charity is legally entitled to it after any perf0mlan￿ cond¢tions have been
met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Charity has been notified
of the donation. unless perfomiance conditions require deferral of the amount. Income tax recoverable in
lation to donations re￿iVed under Gift Aid or deeds of covenant is recognised when received.
Legacies are recognised on receipt or othe￿iSe rf Ihe Charity has been notified of an impending distribution,
the amount is known, and receipt is expected. If the amount is not known, the legaw is treated as a
contingent asset.
Membership subscriptions are recognised when they become due.
Income from charitable events is recognised when re￿1Vable.

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting policies
(Continued)
1.5 Resources expended
Costs of generating funds are those incurred in attracting voluntary income, or incurred in activities
undertaken tc raise ￿nds.
Liabilities are recognised as resources expenses as soon as there is a legal or constructive obligation
committing the charity to the expenditure. All expendrture is accounted for on an accruals basis and has been
classified under headings that aggregate all costs related to the category.
Charitable activities comprise those costs incurred by the charity in the de15very of its activities and services
for its beneficiaries.
Govemance costs include those costs associated with meeting the constitutional and statutory requirements
of the charity, and include its accounts fees and costs linked to the strategic management of the charity
including trustees expenses.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their
useful lives on the following bases..
Fixtures, fittings & equipment
250/0 Reducing balance
The gain or loss arising on the dlspos81 of an asset is detemined as the difference be￿een the sale
proceeds and the carying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the Charity reviews the carrying amounts of its tangible assets to determine
whether there is any indication that those assets have suffered an impairment loss. If any such indution
exists, the recoverable amount of the esset is estimated in order to determine the extent of the impainnent
loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at ￿1] with banks, other short-term liquid
investments with original maturities of threè months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current Siabilities.
1.9 Financial instruments
The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12
'Other Financial Instruments Issues, of FRS 1 D2 to all of its finanaal instruments.
Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the
contractual provisions of the instrument.
Financial assets and liabilits'es are offset, with the net 8mounts presented in the financial statements, when
there is a legally enfor￿able right to set off the reccgnised amounts and there is an intention to settle on a
net basis or to realise the asset and settle the liabilty simultaneously.

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Accounting policies
(Contlnued)
Basic financial assets
Basic financial assets, which indude debtors and cash and bank balan￿5, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised wst using the
effective interest method unless the arrangement cA)nstitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classrfied as receivable wfthin one year are not amortised.
Basic financial liabilities
Basic financial liabilitses. includlng creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the fvture payments discounted at a market rate of interest. Finanaal liabiltties classffied as payable
within one year are not amortised.
Debt instruments are subsequently rarried at amortised cost, using the effective interest rate method.
Trade credbtors are obligations to pay for goods or services that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one
year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction pri￿ and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilitias
Financial liabilities are derecognlsed when the Charity's contractual obligations expire or are discharged or
cancelled,
Critical accounting estlmates and Judgements
In the application of the Charity's accounting Fjolicies, the Trustees are required to make judgements,
estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may dffter from these estimates.
The estimates and underlying assumptions are reviewed on 8n ongoing basis. Revisions to accounting
estimates are recognised in the period in which the ests'mate is revised where the revision affects ￿lY that
period, or in the period of the revision snd future periods where the revision affects both current and future
periods.
Income from donatlons and legacies
Unrestricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
47.360
19,634

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Income from
charitable
actlvities
Subscriptions
Event
Income
2024
Total Subscriptions
Event
Income
2023
Total
2024
2024
2023
2023
Charitable
activities
1.813
22,643
24,456
5,804
21,864
27,468
Analysis by fund
UnrestriGted funds
1,813
22,643
24.456
5,804
21,664
27,468
Income from Investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
2.401
904
Other income
Unrestrlcted
funds
general
2024
Total
2023
Income tax recoverable
10,621

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
Expenditure on charitable activities
Unrestricted Unrestrlcted
funds
funds
2024
2023
Direct costs
Depreciation and impaimient
Event costs and hall hire
Insurance
Postage, stationery & computer
Subscriptions
Sundry Expenses
343
62,685
4,090
781
2,634
1,054
189
43,401
4.294
435
3,772
113
71,587
52,204
Share of support and governance costs (see note 81
GovernanGe
1,800
1,800
73,387
54,O¢J4
Analysis by fund
Unrestricted funds
73,387
54,004
Support costs
Govemance
costs
2024
2023 Basis of allocation
Accountancy
1,800
1,800
1,800 Govemance
1,80D
1,800
1,800
Analysed between
Charitable activities
1.800
1,800
1,800
Net movement in funds
2024
2023
The net movement in funds is stated after chargIn￿(crediting).
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
1,800
343
1,800
189
10 Trustees
None of the Trustees (or any persons Connected wth them) received any remuneration during the period.
10-

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
11 Employees
The average monthly number of employees during the year was:
2024
Number
2023
Number
Total
12 Taxation
The company is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or
section 252 of the Taxation of Charitable Gains Act 1992 to the extent that these are applied to its charitsble
objects. No tsx charges have arisen in the charity.
13 Tangible fixed assets
Flxtures,
flttings &
•quipment
Cost
At 1 November 2023
8,079
At 31 October 2024
8,079
Depreclatjon and Impalrment
At 1 November 2023
Depreciation charged In the year
7,516
343
At 31 October 2024
7,859
Carrylng amount
At 31 October 2024
220
At 31 October 2023
563
14 Debtors
2024
2023
Amounts falling due wlthin one year:
Prepayments and accrued income
2,118
3,867
15 Creditors: amounts falling due within one year.
2024
2023
Accruals and deferred income
1.800
3,600
11

HOMENETMEN LONDON
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2024
16 Unrestricted funds
The income funds of the charity include the following designated funds which have been set aside out of
unrestricted funds by the trustees for specific purposes:
At1
November
2023
Incomlng
resources
Resources At 31 October
expended
2024
Purchase of hall
General funds
121,619
31,486
1,798
72,419
123,417
30,518
(73,387)
153,105
74,217
(73,387)
153,935
Prevlous year:
At1
November
2022
Incoming
resources
Resources At 31 October
expended
2023
Purchase of hail
General funds
120,824
27,658
795
57,832
121,619
31,486
(54,004)
148,482
58,627
(54,004)
153,105
The designated fund has been set up to allow the Charity to purchase a hall in the future. No restriclions have
been pla￿d on this fund.
17 Anatysls ol net assets between funds
Unrestrlcted
funds
Total
Fund balances at 31 October 2024 are represented by..
Tangible assets
Current assetsl(liabilities)
220
153,715
220
153,715
153,935
153,935
18 Related party transactions
Mr A Abramian, a trustee, is also a trustee of Navasatian Charity Trust. During the period the charity paid rent
to Navasartian Charity Trust amounting to £1,500 (2023: £1,500).
12-