REGISTERED COMPANY NUMBER: 06521183 (England and Wales)
REGISTERED CHARITY NUMBER: 1123902
REPORT OF THE GOVERNORS, AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
FOR
ALFORD HOUSE

ALFORD HOUSE
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Page
Report of the Governors,
I to 10
Jndependent Exaininer's Report
Statement of Financial Activities
12
Balance Sheet
13to 14
Cash Flow Statement
15
Notes to the Cash Flow Statement
16
Notes to the Financial Statements
17to26
Detailed Statement of Financial Activities
27to28

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
The governoi's who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the
financial statenients of the charity for the year ended 31 March 2024. The Goveinors have adopted the pi'ovisions of
Accounting and Reporting by Charities.. Statement of Recommended Pi'actice applicable to charities preparing their accounts
in acco)'dance with the Financial Reporting Standard applicable in th¢ UK and Republi¢ of Ireland (FRS 102) (effective I
January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee,
as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
06521183 (England and Wales)
Registered Charity number
1123902
Registered offiee
AlfoTd House
Aveliiie Street
London
SEI 15DQ
Governors
N Baker
P S Bickerdike
B Bond
B Carter-white
B Cliandayia (to 7 August 2024)
T F De Vere Green
C Lloyd
W J Maunder Taylor
N J Priestnall
Ms J Sanchez
M Shaw (to 12 March 2024)
T Shittu
Ms R Walsh
Ms J R Wells
P M Woodroffe
Company Secretary
J A Orloff
Independent Exatniner
Jones Hunt & Keelings
Chaitei'ed Certified Accountants and
Chaitei'ed Tax Advisers
71 Knowl Piece
Wilbury Way
Hitchin
HerlfoTdshii'e
SG4 OTY

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
Report of governors, incorporating a strategic repoi#, appi'oved by order of the Board of Governors, as the company directors,
on ......4. ..Noy.£mb.oi.2024....... and signed on the boai'd's behalf by..
N Priestnall
Chair of Governors

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
The Governors will meet thi'ee times a year in Mai'ch, June and October with an additional annual AGM. In accordance with
these powei-s, the Govei-nors have approved the i￿leS of management set out below, to be adininistered by four
Subcommittees appointed by the Goveimors annually on the last quaitei. of the year to hold office for one year from the
succeeding l January. The Sllbcommittees to hold nieetings as required and Teport to every Govei'nors Meeting.
Tlie Activities of Alford House sliall be catTied on under Ilie naine 'Alford House Club,.
In accordance with the objects of the Trust the aims of the club are expressed as the development of young people in
their mental, moral, physical and spiritual Capacities thi'ough leisure time activitie5 in a way which will assist thern to
grow into mathre and responsible members of society.
There shall be an Estates and Development Committee responsible for the upkeep of the Estate and to oversee the
redevelopment of the premises as outlined in their Tenns of Reference. The committee to con)prise of four Govemors,
the General Manager and two other club members.
There shall be a Remuneration Committee responsible for the annual review of salaries and to I'eview the club policies in
their Tern)s of Reference. The committee to comprise three Governors and the General Manager.
There shall be a Pi-ogramme and Cun'iculum Committee responsible for reviewing the club programme and monitoring
their Terms of Reference. The committee to comprise three Governors. the General Manager and two club members.
There shall be Finance and General Pury)oses Committee responsible foT souiid financial control of club monies, the
production of budgets and financial statements as itemised in their Terms of Reference. The committee to comprise four
Governors, tlie General M￿lage1. and two club Ineinbei's. Tiiey have the power to approve expendittii'e between £3,000
and £8,000 witl) expendittire below £3,000 to be at tlie disci'etion of tlie Club Managei.. Expenditure above £8,000 to be
referred to the Governors for approval.
Notice of meetings shall be sent to members not less than seven days before the date of the meeting. Notification of the
date of any such meetings included in the minutes of the previous meeting and circulated to membeiE within the same
limits shall be equivalent to such notice.
Three members shall constitute a quorum. If a quorum is not present the meeting shall be adjourned for two week5 Witli
further notice. If a quoiuin is not pi'esent at the adjouiT)ed Ineeting the members present shall form a quorum.
The Governoi's are responsible for the finances of Alford House, for the maintenance of accounts and other financial
i'ecords and for attanging the annual audit. The Finance and General Purposes Committee shall be responsible to the
Governors for the propel- recording of all money i'eceived or receivable by the club and foi- its payments to the Alford
House bank account at Lloyds TSB Bank, Oxford Street, WCI B SHR. The Finance and General Purposes Cominittee
shall sanction all expenditure with power to delegate authority within limits as detennined to the Honorary Treasurer or
to the Club Manager and subject to such ratification as the Governors may require.
Full-time and part-time youth workers are employed by Ihe Govemors, who through the Honorary Treasurer al'e
responsible for the payment of the i'emuneration conceimed. The appointment of both full-time and part-time youth
workers shall be made by the Governors. Such workers woi'k under the direction of the Governors.
The terins of service shall be communicated to youth workei's at the time of their appollltment, together with any
amendment subsequent to their appointment.
These i'iiles Inay be changed by i'esolution of the Govet'nors at any tiine. Two months, Iiotice of any such cliange shall
be given by the Goveinoi-s through its Chaii'pei30n.

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
The Governoi's have asgessed the majoi. risks to which the charity is exposed and are satisfied that systems are in place to
mitigate exposure lo the major risks.
Objectives, activities and how we deliver public benefit
In accordance with the objects of the Trust the aims of the club are expressed as the development of young people in their
mental, moral, pliysical and spiritual capacities through leisure time activities in a way which will assist then] to gl'ow into
Inature and responsible niembers of society.
In plai)ning oui- activities foi. the year, we considei'ed the Chai'ity Conimission's guidance on public benefit at oui. Govei'nor
meetings. The club is available for all young people aged 8 22 yeai's regardless of personal background, faith, geiidei. or
pei'sonal circumstances, and we believe this philosophy of openness to all enriches everyone through tlie sharing of skills,
aptitudes and life expei'iences for our young people. It provides a range of physical, mental, social, cultural and artistic
activities, off-site events and infoirnal and more formal educational programmes for young people's personal and social
development. These are designed to meet a cun'iculum that is:
Educative - enabling young people to gain the skills, knowledge and attitudes needed to identify. advocate and pursue
their rights and responsibilities as members of groups and societies. and designed to promote..
Equality of opportunity - tI￿ough the challenging of oppressions such as racism and sexism and all those which spring
froin diffei'ences of culture, race, language, sexual identity, gender, age, disability, religion and class and through the
celebration of diversity and strengths which arise from those differences.
Community cohesion - enabling diverse individuals and groups to work together in a dynamic way for their own social,
economic and personal wellbeing.
Participative - through a voluntary I'elationship with young people in which they al'e paitneiE in the learning process and
decision making structUL'es which affect tlieii. own and other people's lives and their enviromnent. aiid
Empowering- supporting young people to understand and act on the personal Social and political issue5 which affect
thetr lives, the lives of others and the communities of which they are a part.
Achievements and Performance
Introduction
The achievements of the club this year are spread across many aspect5 of club life, includtng the beginning of refurbishment,
the recruitment of new trustees and secui'ing ongoing funding in light of increasing costs. Again, all proved challenging, but
we can i'eflect on many successes in these areas. The club's perfonnance was also very strong, with the number of menibers
increasing steadily over the year. We have achieved a significant amount of work in a very short period, which is a testainent
to the hard work of eveiyone involved.
From November 2023, refui-bishment of the club began in earnest. Great efforts were made to ensure services to young
people could continue fi'om our pi'emises in Aveline Street witli minimal disruption. We did achieve this and are pleased to
report that only two sessions wei-e lost over the whole pei-iod between November 2023 and the end of March 2024, due to the
unexpected loss of electricity.
A great deal of reconfiguration had to take place to make this possible and we are grateful to both Morgan Lovell, for
providing over 20 volunteers to move furiiiture and equipment all around the Club, and to Pallas LLP, for providing
volunteers to wash down and clean what was to become a tempoi'aiy new home for our fitness studio.
Although we ensured we could remain operational during the refiirbishment, Ihei'e was still a significant impact on our daily
activities, particularly to the spaces we could operate in and support young people. More than half of the club was off limits
to young people for health and safety reasons. We are therefoi'e, fairly pleased wilh the following statistics..

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
Statistics
Membership was slightly down on the previous year. We registei'ed a respectable 320 young people over the coui'se of the
yeai., still well above our target of 200.
Core membership (those that Iiave attended ten times oi. Inore over the year) remained similar to the year before but I'emains
slightly below the l OO+ we would like to see. We aiin to see this increase once refurbisknnent is coTnplete.
Female membership continued to increase, rising from 38 % to 42 % of total membership. Most pleasing is that this was
reflected in female attendaiice, with attendance up 5 %, fi'om 39 % to 440/0.
Monitoring demographics of those engaged with:
460/0 were Black
210/0 White
37% Mixed
I 00/0 Other
20/0 Asian
I l D/0 did not provide infomiation
Age groups were represented as..
8 to l O years 60/0
I I to 15 years 57/0
16 to 19 years 32/0
20 tom25 years 50/0
Our own analysis. utilising the Indices of Multiple Deprivation (IMD), reveals that 580/0 of the young people we work with
live in the 300/0 most deprived neighbourhoods in London. Only 7/0 reside in neighbourhoods above the 50010 ITlOSt deprived.
Activity
Health and fitness activity features sts'ongly on the weekly progranime. We have been pi'oviding at least 14 hours per week
spi'ead over four sessions for ovei. eleven years and it has engaged hundreds of young people.
Two sessions take pace in the afternoonlearly evening and these prove popular with young people after school.
Over the course of the year, we delivei'ed over 700 hours of health and fitness trainlng during the afternoon. In addition, we
are finding that these sessions widen the reach of the Club beyoiid the local area. While young people, (perhaps on advice
fi-om their parents), may not be willing to tt?vel a mile or more in the evening to attend the youth club, they are happy to
attend after school and then travel horne.
After only a shoit pei'iod of time, Tneinbers are confident enough to access the facility and work on theii. personal
programmes with minimal intervention from the fitness instructors. Through this activity young people..
Improve cardiovascular health
Maintain a healthy weight
Improve bone health
Improve mental health
They also engage in nutritional workshops with the fitness instructors.
Twice a week after school, Music Pi'oduction and Healih and Fitness run concuiTently.
Our Music Studio is based around a digital audio workstation (Logic Pro) which is an industly standard multi-track
recording, production and mastering setup.
The studio is open to young people as solo artists or sinall groups of up to 5.

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
During these sessions we work on backing tracks using digital instruments e.g., druin progi'ainining and string sections. We
then layer over these with live instt-uments, including percussion, piano and vocals which al'e recorded in our vocal booth.
Some users have shown a keen interest in recording other artists under guidance with regards to mic technique, sound
engineei'ing te¢liniqiies, track balanciiig, mixing and equalisation and the application of the many effects that are available.
We have had the pleasui'e of pi'oducing a diverse group of genres, from rap to soul to classical, with some young artists for
whom English 15 not theii- first language.
Tlie sei'vice usei's are encouraged to collaboi-ate on eacli otliei s projects and give feedback.
Recently there have been some young attendees who have been interested in simply learning to play the piano or 6 stringl
bass guitar and percussion.
Throughout all the above, tliere are other i'epertoires which are developed and expanded on. conversation and debate at peer
level, self-confidence, being receptive to criticism. vocabulary and self-expi'ession.
A feature of having both fitness and music activities running concun'ently, is the number of young people who use this
opportunity to talk to youth woi-keR'S about their lives. This may involve opening up about difficulties they are facing, school
life, anxiety about exains or just the changes in their lives as they move to adulihood and how to face the challenge this
presents. It could also extend to support with a CV or college application. This is a particular area of our work we want to
expand upon by providing more suitable facilities for this kind of interaction in phase two of the redevelopment.
Our Monday evening workshops continued to offer health and fitness training, music production and until the end of 2023,
table tennis. We have found that the structui'e of the workshop night helps young people to pursue an activity witli more
purpose and less distt'action thali they would othenvise find on multi activity youth club evenings. This has its own beiiefils
in that it enables young people to develop their skills quicker and to a higher level.
Roller skating remained on the programme for Tuesday evenings. Attendance varied during this year bul it is mostly a very
popular evening.
Oui. gil-l's nigtit expei'ienced fluctuating attendance ovei. the yeai.. It is very much a self-detennined evening whereby
members and staff eo-produce the coming ternis activity. This can range from a treasure hunt for ihe younger members, (but
the older ones do join in), to film nights and health and fitness sessions.
A number of activities are available on Friday evenings. It has always been our busiest session of the week and there is a
strong social element to the evening. It is the end of the week and young people are usually keen to socialise with a less
formal approach.
During the course of the year, there was increased effort into providing support for young people transitioning from primary
to secondary school, primarily focused on oui. younger cohort of cliib meinbers. Tliese sessions spR'ang fi-om the staff team's
observation that many children wei'e facing challenges adjusting to secondaiy school life, particularly in the aftermath of the
pandemic lockdowns. Drawing on resources from Young Minds, our transition support sessions delved into areas such as
establishing a support network, recognising personal strengths, building resilience, and addressing the various worries and
excitements associated with the move to secondary school. Emphasis was placed on equipping the students with effective
strategies to cope with theiR' conceins. Sixteen Year 6 pupils look pait in these sessions. Post sessions, all said they have
settled well into school. Impoitantly, they know that there is a member of staff dedicated to thein should they need further
support.
We have been liinited iii the amount of offsite actlvlty we do at pi'esent due to the lack of a minibus, but skiing with Snow
Camp became a highlight of tlie year. Twelve young people began their skiing journey in the summei. of 2023 by eiijoying
two days indoor skiing and snowboarding at the Snow Centt-e in Hemel Hampstead. Of the twelve, seven young people
continued to improve their skills and knowledge by moving on to take pait in five full day Sunday sessioiis of skiing and
snowboai-diiig dui-ing the autumn. Five then took part in Snow Camps Excel prograinme fi'om January to April 2024,
culminating with a weelc's skiing and snowboarding iii Andori-a. After sliadowing an knstructoi. for a week, they returned to
complete tests that led to all five I'eceiving their Britisli Association of Ski Insti'uctors Foundation certificates. The young
people have entliused about the experience aiid of coui'se the Andoira kn'ip in particulai.. They have memories for a lifetime
that we al'e sui'e tliey will cherisli.

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
Alford House concentrates most of its activity during the academic year, but as seen above there is an increasing need to
provide activity options to teenagers during the summer. To this end, the club pi'ovided activities in both the Music and
Health and Fitness studios for four afternoons a week for five weeks. Attendance to these sessions got off to a great start but
dissipated towards the end of the summer. A highlight of iEcent summeis has been providing a work placement with
stockbrokei's TP ICAP. This is facilitated by a trustee and a member of staff for a yoiing person who has faced significant
challenges and expressed interest in a future in finance.
Since January 2022, Alford House has delivered targeted sllppoit for young people at the Club and in schoo15 via our
Biiilding Yoiing Aspiralions project. The support is designed to help young people who are facing particular challenges to
grow their inner resoui'ces, equipping them to function well and navigate the world around them.
The work uico4)orates se55ions designed to explore several themes, including mental health, Consent, critical thinking and
Inasculinity. The sessions are delivered in groups and also at individual level.
In 2023, 170 youiig people were supported as part of Biiilding Yoiing Aspii'ations, a marked increase on the previous year
wheii 95 young people were supported. The number of young people supported at school fell slightly. Numbers recorded as
accessing support at the club rose sharply.. this largely reflects moiE rigorous recording of encounters that are often, by their
nature, more ad hoc.
In common with the schools-based cohort, youiig people supported at the club were struggling with a wide-range of issues,
often in combination, including aiixiety, aiiger managen]ent, problematic family andlor peer relationships, domestic violence
and uncertainty about tliell. future dti'ectioii. One yoiing pei'soii, tlie subject of a case study, is described as being 'stuck in a
loop of deSti￿ctIo1] in and out of scliool,, wliile anothei. disclosed excessive drugs use.
We use several tools to gather evidence about the benefits of this area of work. This includes a Youth Engagement Sui-vey
(co-produced by young people at Alford House), Stoi'ies of Change, Case Studies, and a Self-Evaluation tool for youiig
people to complete. Interviews with young people and staff at the schools we work with wei'e carried out by an external
evaluator
Tlie feedback poiiits to the pi'oject's significant success, ci'eating an envii'onment where young people-
feel welcome and included
feel safe while taking part in activities
feel they can express themselves and their ability
have opportunities to lea]￿ about themselves and their community
feel a sense of purpose and achievement
Focussing 011 oui- exteR'nal evaluatoi-s, Rnteiviews with scl?ool staff, it was noted tliat Alfoi'd House wasn't alone in offering
targeted suppoit for young people facing challenges. As one staff member put it: 'Alany oihei. oigai?isalions conie ii?. One
does iiiore oi. less the sanie ihing. ' This was seen as having benefits in i'eaucing relian¢e on any one organisation or
individual. Alford House suppoit was, however, seen as having a number of stand-out featui'es.
Staff valued Alford House's i'ole in the community, iiotiiig that 'many sludenls say they allendAlfoi'dHoiisefoi' 017e i'eas017
oi. anoi17ei' (home>voi'k cliib, i'ollei. disco elc) ' and that they encoui?ged this. This was seen as especially important with the
loss of other local youth facilities and in ensuring continuity of support. 'Alfoi'd Hoiise is a coiiiiJiiii?itypillai', especially
dui'ing ilje siiipiiiiei-170lidays. li ijieans sopneoi?e else is cliecki17g on sliidei?Is whon LB TS isn'l.
The combination of1.'2.'1 andlor group support was seen as beneftcial. As one Colleague staled, 'il's nol a case of 017e sizefils
all.
Finally, staff valued the consistency of Alfoi-d Hoiise's suppoi't, both in terms of the teain's reliability and their consistent
appi-oach ivith students. This chimed Nvith the school's einpliasis on consistency> foi. exainple in the appi-oach taken to
ui)ifoiin, liow students entered the classroom etc. ' Behavioiii. iiiiproves w17en yoiip7gpeople know ihe expecfalioiis. Soine
haven'l gol consislency ai hoiiie., It was also seen as key to biiilding trust. 'Ifihere's no consislency.. yotingpeople becoine
veiy disli'iisifiil ofadiilis. Siiidenls al'e disappoinled. Yoiip7gpeople need i'eliabilityfi'oiii soine017e in theii. lives nol
connecled io scljool, as ihey don'ifeel they shal'e OF. open tip lo someone in school.

ALFORD HOUSE
REI PORT OF THE GOVERNORS?
FOR THE YEAR ENDED 31 MARCH 2024
Interviewees also pointed to team meiiibeis, coniplementaiy appi-oaclies, tlieir flexibility. uiiderstandii)g of and coniniitment
to the school.
Speaking of one of Alford House's staff, a teaclier noted t]iat ' He h(7s workedwith zisfoi. a1017g tiilie. He knoivs hoiv Ive
opei'a¢e.' As a local boy 'he knovvs ilie ai'ea, and was a 'foiinfain of infoi'iiialion... I've 17eai'd hiipi s(ry lo ayoiip7gpep.so
'whal aboiii 117is?' Another obsei'ved that he was 'ihÈi'apgiitic... he inukes youfeel good. J')ie nevei. heai'd l?iiK I'aise his
voice.
Another staff member of Alfoi'd House wa5 described as having a different appToach which was also effective. 'She
knows all ihe slaff... They ivoi'k veiy well iogethep..
The team's understanding of tlie school counted foi- a lot. 'When ive're havFng u cltallengiiig day, rhej? ki?oiip }iJhei'e lo go lo
and M?hul lo do. Tl7ey gei 117e kids ai?d ki7oiv Ivhal school life is aboiil... Thry hfflpe e711bedded117e7nsehJes ii? se17001. They know
07ip- valiies. Thry know the tiiiieloble. They i'ealise ihaf i'elationships 141irhyotingpeople. slaff andpai'ep7fs iKatler. They also
dcl as udvocolesfoi, sliidenls.
Two staff interviewees mentioned feeling supported tliemselves, in addition to the suppoi't tliey see for tlieii. students. ' He
always checks in ond asks how we are., Botl) volunteei's wei'e seen as 'coiiiingfroiii aplace Ihat i'eallj? cai'es, and 'invésted i
lis as a school,
evidenced by one going to the Yea). I I Proin and anothei. going to the OFSTED Celebration party. Both
wei'e seen as colleagues aiid 'p701 like &ilei'nol Nlaff.,
All the staff members inteTviewed commented that needs were going up, while support was less readily available and not
affordable by schools. If support of the kind Alford House provides was not on offer 'kids Trvill end lip p-eajly sti'iiggling a lol
in school.
Partiierships
We continue to be part of the North Lambeth consortium of youth providers. Alford House was iiistrumental in expanding
the consortium from five to seven organisations for the next round of commissioning from Lambeth Council from April
2023.
The consortium comprises of Active Communities Network (lead), Triangle Adventure Playground, Oasis Youth Hub,
Young People Matter, Fight 4 Change, Oasis Adventure Play and Alford House. We believe an expanded consortium will be
better placed to secure additional finaiicial resources in the future.
In otliei- paLtnetships, we t-emaiii pait of Bi'ook's condoin disti'ibutioii scheme and we also continue to pi'ovide
accomiiiodation to Lambetli's Justice Sei-vice to ineet young people feai'ful of ts'avelling aci'oss tlie borough to their offices.
Alford House rnove5 forward Into tlie coming year with excitement aboul the new consortium, the relationships built with
schools and the plans for fuither refurbishment. It will need to ensure its resources are carefully managed and staff and
volunteers well-suppoited to continue the work and build on the success achieved this year.
Financial Review
This yeai- the unt-ests-icted fund liad a surplus of £46,980 (2023.. surplus of £566,032) wliicli led to an inciEase iii reset'ves
genei-ated fi-oin uni-esti'icted activities to £2,039,968 (2023: £1,978,994) excliiding the value of the Cliib's fi'eehold p2eini5e5.
The unrestricted fund surplus was achieved, despite lower theatt'ical rehearsal income due to building works, being offset by
intei'est receivable on deposit befoi'e conti'actoi s invoices began to ari'ive. The biidget for the year, excliiding i'edevelopment
costs, was for a balanced budget. The reason foi. the overall deficit in the year was due to the significant refurbishment works
cari-ied out to the property
Reserves Policy
The Governors believe the Cliib reqiiires a reserve becaiise, in order to ineet its objectives, it is entii'ely dependent for income
upon doiiatioiis, gi'ants, fund raising and rents and lettings from yeai. to year, all of which are uncertain.
A5 a genei'al principle, the GoveiThors consider the amount of reserves should be equivalent to not less than 3 months of
outgoings, based upon the avei'age outgoings of the past two financial years. Whei'e i'esei-ves fall below this level, or where
they exceed 6 months of average outgoings, the Govei'nors will evaluate income and expenditui'es (botli capital and
operational) witl) a view to ensiii'ing the fmancial resoiirces of the Club are effectively deployed to ineet tlie Club's
objectives.

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
Having noted tlie extremely uncei'lain econoniic environment, wliich is affectiiig Inally of tlie Club's iiicome sources and its
expenditure, the Governors believe an additional level of reserves beyond noiinal levels is appropi'iate. Under these
ciicumstances tlie Goveinoi's are satisfied tliat tlie Club's CUlTent level of i'eserves is appropriate in the context of tlie Club's
policy, and tl)e Club's ai)ticipated fijtui'e income and expenditure. As staled above tlie excess I'esei've is a one off and is to be
applied in full to the i'efui'bishment of the premises in the coming 24 months.
Investment Policy
The Goveimoi's al'e satisfied that the majority of funds that are surplus to iininediate requirements are utilised to earn interest
with CCLA Investment Management Ltd at their current interest rates. Sufficient monies are left with Lloyds Bank plc so that
no day to day transaction charges are levied. There are no other investnients owned by or benefiting the Charity.
Most of Ilie cliai'ity's funds aye to be spent in the slioi't tenn so tbei'e are few funds foi. loiig temi investment. T]ie Governors
are empowered under the Articles of Association to expend the fiinds of the Cliarity in such manner as they shall consider
most beneficial for the achievement of the objects, and to invest in the naine of the Charity such part of the funds as they rnay
see fit, and to direct the sale or transposition of any such investments.
Fundraising Standards Information
A fundraising strategy has been prepared and approved by the GoveiMors which identifie5 our income streams and the
approach taken fo). each activity. This stt'ategy takes ijito accoiint best practice and current standards. With the introduction of
GDPR from 25 May 2018 we have reviewed and, where appropriate, i'evised our policies and procedures including data
captui'e, coiiiplaiiits procedure, transfeii'ing of data and the impleinenlalion of tlie data subjects, preferences. All fundi'aising
is done in house and not outsourced to any pi'ofessional fundraisers or Commercial participators. The Charity has not received
any complatnts regarding its fundraising efforts in the year ended 31 March 2021 or to the date of this report.
In all our policies and practices, we have not actively sought additional data that is not already in the public domain. We only
record data that people opt to provide to us. Our communication programme focuses on less intt'usive types of
coinmunication, for example email. Our direct mail campaigns are minimal and targeted. All fundraising requests are passive
as we do not run face to face or telephone campaigns.
Plans for the Future
We could be entering some unceitainty during the yeai. due lo ongoing building works, leaving us needing to adopt a flexible
approacli to budgets and opei-ations. The Govei-nors Iiave È'eviewed the Club's financial budget for the coming Ye￿.. Tlie
budget foi-ecast, excluding fui11ier redevelopment costs, a deficit of £5,550. Unceitaiiity about gi'ants and tlieatrical lettiiig
income remain a concein, but as always, we will endeavoui. to balance the budget as the year progi'esses. Ensuring a good
level of letting income is preserved in the face of refurbishment will be critical. This will be a challenging iask.
The trustees are piloting a new governing structure this coming year. There will now be four sub-committees to the board,
replacing the current three. They will be, Finance and Ope17tions (who will take over responsibility from the Estates
committee for the redevelopment), Youth Engagement, Regulatory and Compliance and External Relations.
The Finance and Opei'ations committee will lead the work on a revised strategy that has been approved by the trustees to
refurbish the existing Club building and secure a sustainable future in¢onie. As a i'esull of ihe concern about the budget over
the coming year, the Finance and Operations committee have decided not to expend large amounts of reseiwes to pi'ogi-ess the
redevelopment of the club and will only authorise expenditure based on the amount of funds raised for this specific pllipose.
We are pleased lo say that funds have already been raised to enable us to continue, beyond the near completed Phase I, at a
steady pace for this purpose. A full specification for Phase 2 works is complete and a timeline for further funding
applications and a start date for Phase 2 is in place.
Risk Management
The Govei'nors I'ecognise theii. responsibilities with regai-ds to risk management and to this end have endeavored to ensure
that the Club has adequate procedures and strategies that can monitoi-, eliminate or Initigate the risks faced. The Governors
have assessed the significance and likelihood of the i-isks to which the Club might be exposed, in particular those related to
the operation and financial management of the Club, and they are satisfied that the Club has appi'opriate systems of control
which mitigate exposure to the key risks that it faces.

ALFORD HOUSE
REPORT OF THE GOVERNORS,
FOR THE YEAR ENDED 31 MARCH 2024
Responsibilities of the Governor5 Board
The Governors, wlio al'e also Dii'ectois of Alfoi'd House {tlie "Cliai'itable Company") uiider company law, al'e responsible foi.
prepai'ing tlie Governois, Repoit and tlie fiiiancial statemei)ts in accordance with applicable law and United Kingdom
Financial Reporting Standards.
Company law requires the Governors to prepare financial statements for each financial year which give a true and fair view
of the state of affairs of the Charitable Company and of the tncoming resources and application of resources includtng the
income and expenditui'e of the Charitable Company for that pei-iod. In preparing these financial stateinents tlie Gov¢i'nors are
i'equired:
to select suitable accounting policies and then apply them consistently.
to observe the methods and principles in the Chai-ities Stateinent Of Recommended Practice.
to make judgments and estimates that are reasonable and pivdent.
to state whether applicable accounting standards have been followed, subject to any material departures disclosed and
explained in the fInancial stateinents,. and
to prepare the financial statements on a going concern basis unless it is inappropriate to pi'esume that the Charity will
continue in operation.
The Governors are responsible foi. keeping proper accounting records that disclose with reasonable accuracy at any tiine the
financial position of the Charitable Compaiiy a]id enable them to ensure that the fmancial statements comply with the
Companies Act 2006. They are also responsible foi. safeguai'ding ihe assets of the Charitable Company and hence for taking
reasonable Steps for the pi'evention and detection of fi?ud and other irregularities.
The Govemors are responsible for the maintenance and integrity of the corporate and f]nancial infomiation included on the
Chai'itable Coinpany's website. Legislatioii iii the United Kingdom govei'ning the prepai'ation and dissemination of finaiicial
statements may differ from legislation in other jurisdictions.
Statement as to the disclosure of information to Auditors
So far as the Governors are awai'e, thei'e is iio relevant infoi'ination of wliicli tlie charitable company's auditors are unaware
and each Governors has taken all the steps that they ought to have taken as a Govemors in order to make them awai'e of any
relevant audit information and to establish that tlie chai'itable company's auditois are aware of that information.
Approval
These financial statements have been prepared in accordance with the Companies Act 2006 and the Charities SORP
(FRS102).
This repoit was approved by the Board of Governors on 4 Novejiiber 2024.
Type ti
Chair of Governors
10

INDEPENDENT EXAMINER'S REPORT TO THE GOVERNORS OF
ALFORD HOUSE
Iiidependent examiner's report to the Governors of Alford House ('the Company,)
I report to the charity Goveimoi's on my examination of the accounts of the Company for the year ended 31 March 2024.
Responsibilities and basis of report
As the charity's Goven)ors of the Company (and a150 Its dii'ectors foi. the putyoses of company law) you are responsible for
the prepaiation 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 i'epoit in respect of my examination of your charity's accounts as carried out under
Section 145 of the Charities Act 2011 ('the 201 l Act,). In carrying out my examination I have followed the Di]'ections given
by the Charity Cominission under Section 145(5) (b) of the 2011 Act.
lildepeiident examiner's statement
Since yoiii- cliai'ity's gross iiicome exceeded £250,000 your examiner musl be a inember of a listed body. I can conf￿TI that I
am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants,
which is one of the listed bodies.
I have completed my examination. I confinn that no matters have come to my attention in connection with the examination
giving me cause to believe..
accounting records were not kept in i'espect 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
Tequirement that the accounts give a true and fair view which is not a matter considered as part of an independent
examination. or
the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by cliarities (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.
Domenico Maurello FCCA
Jones Hunt & Keelings
Chartei-ed Certified Accountants and
Chartei-ed Tax Adviser5
71 Knowl Piece
Wilbury Way
Hitchin
Heirfoi-dshire
SG4 OTY
Date..
pl, I￿24-

ALFORD HOUSE
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
Total
funds
2023
Total
fuiids
Unrestricted
fund
Restricted
funds
Notes
INCOME AND ENDOWMII NTS FROM
Donations and legacies
13,881
321,674
335,555
254.780
Other trading activities
Investment income
2,047
184,493
2,047
184,493
425
121,316
Total
200,421
321,674
522,095
376,521
EXPENDITURE ON
Raising funds
660
060
Charitable activities
Charitable activities
152 781
1 152 105
1304,886
263.116)
Total
153,441
1,152,105
1,305,546
263,116)
NET INCOME/{EXPENDJTURE)
46,980
(830,431)
(783,451)
639,637
RECONCILIATION OF FUNDS
Total fi]nds brought fonvard
2,928,020
174,001
3,102,021
2,462,384
TOTAL FUNDS CARRIED FORWARD
2,975,000
656,430)
2,318,570
3,102,021
12

ALFORD HOUSE
BALANCE SHEET
31 MARCH 2024
2024
Total
funds
2023
Total
funds
Unrestricted Designated
fund
funds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
12
910,547
910,547
925,063
CURRENT ASSETS
Debtors
13
19,833
7,500
27,333
14,838
Cash at bank and in hand
2 316 597
663 931
1677 152
2 500 377
2,336,430
24,486
(656,431)
1,704,485
2.515,215
CREDITORS
Amounts falling due within one year
14
{296,462)
{296,462)
(338,257)
NET CURRENT
ASSETS/(LIABILITIES)
2 039 968
656 431
1408 023
2 176 958
TOTAL ASSETS LESS CURRENT
LIABILITIES
2 950 515
656 431
2 318 570
3 102 021
NET ASSETS
FUNDS
15
Unrestricted funds
2,950,515
2,904,056
Designated funds
Meiiibei's'fiinds
12,034
11,512
RedevelopiKep7f reserve
12,452
12,452
Restricted ￿ndS
(656,431)
174.001
TOTAL FUNDS
The cliaritable compaJ)y is entitled to exemption from audit under Section 477 of the Coinpanies Act 2006 foi. the year ended
31 March 2024.
The Ineinbers have not i'eqiiii'ed the company to obtain an audit of ils financial stateinents for the year ended 31 Mai-ch 2024
in accordance witli Section 476 of the Companies Act 2006.
13

The Govemors acknowledge their responsibilities foi-
(a)
ensuring that the chai'itable company keep5 accounting records that coniply with Secti07Js 386 and 387 of the
Coinpanies Act 2006 and
pi-epai'ing financial statements which give a true and fair view of tlie state of affairs of the charitable company as at
the end of each financial year and of its surplus or deficit for each financial year in accoi'dance with the i'equii'ements
of Sections 394 and 395 and which otherwise comply with the i-equireinents of the Companies Act 2006 relating to
financial statements, so fai- as applicable to the charitable company.
(b)
The financial statements were approved by the Board of Governors and authorised foi. issue on
and were signed on its behalf by..
4 November 2024
N Priestnall
Chair of Governors
14

ALFORD HOUSE
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash floivs from operating activities
Cash generated fi'om operations
925,832)
1,468,123
Net cash (used in)/provided by operating activities
925,832)
1,468,123
Cash flows from investing activities
Sale of tangible fixed assets
Interest received
556,180
6.823
102 607
Net cash provided by investing activities
102,607
563,003
Change in cash and cash equivalents in the
reporting period
Cash and eash equivalents at the beginning
of the reporting pei'iod
(823,225}
2,031,126
2,500,377
469,251
Cash and cash equivalents at the end of the
reporting period
1677 152
2 500 377
15

ALFORD HOUSE
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET (EXPENDITURE}/INCOME TO NET CASH FLOW FROM OPERATING
ACTIVITIES
2024
2023
Net (expenditure)lincome for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Interest received
(Increase)/decrease in debtors
(Decrease)/increase in cirditors
(783,451)
639,637
14,516
14,516
492,912
(6,823)
6,644
321,237
(102,607)
(12,495)
41,795)
Net cash (used in)Iprovided by operations
925 832)
1468 123
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.23
Cash flow
At 31.3.24
Net cash
Cash at bank and in hand
2,500,377
(823,225
1,677,152
2 500,377
823 225
,677,152
Total
2,500,377
823,225
1,677,152
16

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
ACCOUNTING POLICIES
General information aiid basis of preparation
The charity is a company limited by guarantee incoiyorated in England and Wales. The members of the chai'ilable
company are the Goveinors named on the legal and administration infonnation page.
The charity constitutes a public beneFIt as defined by FRS 102. The ftnancial statenients have been prepared in
accordance witli Accounting and Reporlino
by Cliai'ities": Statenient of Reconiniended Practice applicable to
charities preparing their accounts in accoi'dance with the Financial Reporting Standard applicable to the UK and
Republic of Ireland (FRS102), the Companies Act 2006 and UK Genei?Ily Accepted Practice. A summary of the
significant accounting policies applied in the preparation of these accounts are set out below.
Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Governors in furtherance of
the general objectives of the charitable company and which have not been designated for othei. purposes. Designated
funds comprise unrestricted funds that have been set aside by the Governors for particular puiposes. The aim and of
use of the designated fund is set out in the notes to the financial statements.
Restricted funds are funds wliich are to be used in accoi'dance with specific restrictions imposed by donors or which
have been raised by the charitable company for particular purpose.
Incoming re50urees
All incoming Tesources are included in the Statement of Financial Activities (SOFA) when the charity is legally
entitled to the income after any pei'fonnance conditions have been met, the amount can be measured i'eliably and it is
probable that the income will be received.
No amount is included in the financial statements for volunteer time in line with SORP (FRS102). Further detail is
given in Élie Goveinoi's, Report.
Grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the
grant conditions will be met and the gi'ants will be received. A detailed analysis of restricted fund grant5 are set out
in the notes.
Resource5 expended
All expenditure is accounted for on an acci'uals basis and has been classifIed under headings that aggi'egate all
costs related to the category. Whei'e costs cannot be directly attributed to paiticular headings they have been
allocated to activities on a basis Consistent with use of the resources.
Support costs are those that assist the work of the charity but do not dii'ectly represent charitable activities and
include office costs, governance costs, and administrative payroll costs. They are incuii'ed dii'ectly in suppoit of
expendkture on the objects of the charity and have been allocated to cost of raising funds and expenditUTe on
charitable activities.
Expenditure is recogntsed where there is a legal or constructive obligation to make payments to thii'd parties, it is
probable that the settleinent will be I'equii'ed and the amount of the obligation can be measured I'eliably.
Taiigible fixed assets and depreciation
The Club premises at A veline Street, Icenninglon, Loiidon SE I15DQ were vested in the custodian Governors. This
pi'operty was transfe11.ed to Alford House in 2009. The pi'operty was acquii'ed by gift in 1950 and restored by War
Damage Claims and grants from the Ministy of Educatioii and other parties. The value for insurance purposes at the
date of the Iransfei. was £2,177,378 and tliis has been taken as the transfei. valiie.
Depreciation is provided on all tangible fixed assets at l'ates calculated to write off the costs less estimated residual
value of each asset on the following basis..
Land
Buildings
No depreciation
50 years Straight line
17

Pension costs
The Charity operates a defined conti'ibution pension scheme for the benefit of its employees. The costs of
contributioiis are wi'itten off against profits in the year they are payable.
Going Concern
The financial statements have been prepared on a going concern basis as the Governors believe that no material
uncertainties exist. The Governors have considei-ed the level of funds held and the expected level of income and
expenditure foi. 12 nionths from authorising these fmancial statements. The budgeted income and expenditur¢ is
sufficient with the level of I'esei'ves for the charity to be abl¢ to continue as a going concern.
Tax
The charity is an exempt charity within the meaning of schedule 3 of the Charities Act 2011 and is considered to
pass the tests set out in Paragraph I Schedule 6 Ftnance Act 2010 and therefoi'e it meets the defiiiitioii of a charitable
company foi. UK corporation tax puiyoses.
DONATIONS AND LEGACIES
2024
2023
Donations
Gift aid
Gi'ants
Coinmissioned work
92,S35
1,217
211,303
30,500
86,832
706
126.842
40.400
335,555
254,780
Grants received, included in the above, are as follows..
2024
2023
Jack Pet¢hey Awards
Jack Petchey Foundation
London Youth
National Lottery Community Fund
Woodroffe Benton Foundation
Walcot Foundation
Lambeth S106
Roger Raymond Charitable Trust
Other unrestricted grants
Gaifield Weston Foundation
900
900
(272)
1,000
31,384
30,000
17,553
20,777
22,500
3.000
600
31,90J
30,000
17,902
30,000
loo 000
211,303
126 842
OTHER TRADING ACTIVITIES
2024
2023
Fundraising events
425
INVESTMENT INCOME
2024
2023
Rents received
Intei'est I'eceivable - trading
81,886
102,607
114,493
184 493
121,316
18

ALFORD HOUSE
NOTII S TO THE FINANCIAL STATEMENTS - eontinued
FOR THE Yll AR ENDED 31 IVIARCH 2024
RAISING FUNDS
Other trading activities
2024
2023
Bad debts
660
CHARITABLE ACTIVITIES COSTS
Support
costs (see
note 7)
Direct
Costs
Totals
Charitable activities
1,277,984
26,902
1,304,886
SUPPORT COSTS
Governance
Costs
Finance
Totals
Charitable activities
14,516
12,386
26,902
NET INCOMEI(EXPENDITURE)
Net incomel(expendithre) 15 Stated after Chargin￿(crediting).
2024
2023
Depreciation - owned assets
Suryilus on disposal of fixed assets
14,516
14,516
556 180)
COVERNORS, RE1￿UN￿RATI0N AND BENEFITS
Thei'e were no govemors, i'emuneration or oiher benefits for the yeai. ended 31 Mai'ch 2024 nor for the year ended
31 March 2023.
Governors expenses
There were no governors, expenses paid for the yeai- ended 31 Mai'ch 2024 noT for the year ended 31 March 2023.
19

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
io.
STAFF COSTS
2024
2023
Wages and salaries
164 088
152 675
164,088
152,675
The average monthly number of employees dui'ing the yeai. was as follows-
2024
io
2023
Youth Workers
Administration
Caretaker and Cleaners
13
12
No employees received emoluments in excess of £60,000.
ii.
COIVIPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
fund
Restricted
funds
Total
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
7,241
247,539
254,780
Other trading activities
Investment incoine
425
121,316
425
121316
Total
128,982
247 539
376,521
EXPEtYDITURE ON
Charitable aetivities
Charitable activities
437 167)
174,051
263 116)
NET INCOME
566,149
73,488
639,637
RECONCILIATION OF FUNDS
Total funds brought forward
2,361.871
100,513
2,462,384
TOTAL FUNDS CARRIED FORWARD
2 928 020
174,001
3 102 021
20

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
12.
TANGIBLE FIXED ASSETS
Freehold
property
COST
At l April 2023 and 31 Marcl) 2024
1,128,286
DEPRECIATION
At l Api'il 2023
Charge for year
203,223
14,516
At 31 March 2024
217,739
NET BOOK VALUE
At 31 March 2024
910,547
At 31 March 2023
925,063
13.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Prepayments and accrued income
10,726
27,333
14,838
14.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Social security and other taxes
VAT
Other creditors
Accrued expenses
4,546
73,549
13,316
205,051
4,419
320,726
416
296 462
338 257
21

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
15.
MOVEMENT IN FUNDS
Net
Inovenient
in funds
Al
31.3.24
At 1.4.23
Unrestricted funds
Unrestricted
2,928,020
46,981
2,975,001
Restricted funds
Redevelopinent Fund
Jack Petchey Awards
Woodroffe Benton Foundation
National Lottery Community Fund
Walcot Foundation
Roger Raymond Charitable Trust
116,127
920
22,500
7,902
15,302
11,250
(839,917)
(21)
7,500
147
1,859
(723,790)
899
30,000
8,049
17,161
11,2SO
174 001
830 432
656,431
TOT AL FUNDS
3,102,021
783,451)
2,318,570
Ttie Jack Petchey Awards are awards to yoiing people of £300 tliat tlie young person decides liow to spend on tlie
youth club. They are mainly spent on equipment of activities.
Jack Petchey Foundation is a gi'ant towards providing dance woi'kshops onc¢ a week in partnership with the Boury
Academy from January 2022 to December 2022.
The National Lottery Community Fund was used to pay salaries and session workers primarily involved in
pi'eventing yoiing peoples, exclusion ft'oin scliool aiid wlio al'e at i'isk of beconiing involved in youtli violence. The
grant is also used to pay some of the associated evaluation cosls.
Lambeth Council was used to pay salaries and some core costs associated with the running of the Club.
London Youth provided funding to set up a Table Tennis Club once a week for six months.
The Woodroffe Benton Foundation is used to pay salaries. particularly of those providing additional support to
young people to prevent their exclusion from school and who al'e at risk of becoming involved in youth violence.
The Walcot Foundalion grant is used to pay salaries of staff working closely with tlie targeted youth support staff,
providing health and fitness activity and music activity.
The Roger Raymond Charitable Ti'ust wa5 used to pay youth workers and their associated costs.
The Lambeth S106 was used to purchase sports equipment.
The i-edevelopment fund is for the redevelopment of the Alford House site.
22

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024
15.
MOVEMENT IN FUNDS- contiiiued
Net movement in funds, included in the above are as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestrieted funds
Uni'estricted
200,421
(153,440)
46,981
Restricted funds
Redevelopment Fund
Jack Pet¢hey Awards
Woodroffe Beiiton Foundation
London Youth
National Lottery Comniunity Fund
Walcot Foundation
Lambeth Council
Roger Raymond Charitable Trust
The Michael Bishop Foundation
Active Communities Network
Garfield Weston Foundation
4,870
900
30,000
600
31,902
17,902
23,000
30,000
75,000
7,500
ioo 000
(844,787)
{921)
(22,500)
{600)
(31,755)
(16,043)
(23,000)
(30,000)
(75,000)
(7,500)
loo,000)
(839,917)
(21)
7,500
147
1,859
321,674
1 152,106
830,432)
TOTAL FUNDS
522,095
1,305,546)
783,451)
Comparatives for movement in funds
Net
mov¢ment
in funds
At
31.3.23
At 1.4.22
Unrestricted funds
Unrestricted
Other unrestricted grants
2.361,871
563,149
3,000
2,925,020
3,000
Restricted funds
Restricted Fuiid
Redevelopment Fund
Jack Petchey Awards
Jack Petchey Fouiidation
Woodi'offe Benton Foundation
National Lottery Community Fund
Walcot Foundation
Roger Rayinoiid Charitable Trust
83,297
(25,130)
(256)
(4,000)
6,875
(588)
2,040
11,250
83,297
32,830
920
57,960
1,176
4,000
15,625
8,490
13,262
22,500
7,902
15,302
11,250
100 513
73,488
174,001
TOTAL FUNDS
2 462,384
639 637
3 102 021
23

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
Compai'ative net movement in funds, included in tlie above are as follows:
ncoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
Unrestricted
Other unrestricted grants
125,982
3,000
437,167
563,149
3,000
Restricted funds
Restricted Fund
Redevelopment Fund
Jack Petchey Awards
Jack Petchey Foundation
Woodroffe Benton Foundation
London Youth
National Lottery Community Fund
Walcot Foundation
Lambeth Council
Lambeth S106
Roger Raymond Charitable Trust
83.297
83,297
(25,130)
(256}
(4,000)
6,875
(25,130)
(1,156)
(3,728)
(23. 125)
(1,000)
(31,972)
(15,513)
(40,400)
(20,777)
(11,250)
900
(272)
30,000
1,000
31,384
17,553
40,400
20,777
22,500
(588)
2,040
11,250
247,539
174,051
76,488
TOTAL FUNDS
376,521
263,116
639,637
A current year 12 months and pi'ior year 12 months Combined position is as follows..
Net
movement
in funds
At
31.3.24
At 1.4.22
Unrestricted funds
Uni'esti'icted
Other unrestricted grants
2,361,871
610.130
3,000
2,972,001
3,000
Restrieted funds
Restricted Fund
Redevelopment Fund
Jack Petchey Awards
Jack Pet¢hey Foundation
Woodroffe Benton Foundation
National Lottery Community Fund
Walcot Foundation
Roger Raymond Charitable Trust
83,297
(865,047)
(277)
(4,000)
14,375
(441)
3,899
11,250
83,297
(807,087)
899
57,960
1,176
4,000
15,625
8,490
13,262
30,000
8,049
17,161
11,250
100,513
756,944
656 431)
TOTAL FUNDS
2 462 384
143 814)
2 318,570
24

ALFORD HOUSE
NOTES TO THE FINANCIAL STATEfvJENTS- continued
FOR THE YEAR ENDED 31 MARCH 2024
15.
MOVEMENT IN FUNDS- Continued
A ¢u11'ent year 12 months and prior year 12 months coinbined net movement in funds, included in the above are as
follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
Uni'estricted
Other unrestricted grants
326,403
3,000
283,727
610,130
3,000
Restricted funds
Restricted Fund
Redevelopment Fund
Jack Petchey A wards
Jack Petchey Foundation
Woodroffe Benton Foundation
London Youth
National Lottery Community Fund
Walcot Foundation
Lambeth Council
Lambeth S106
Roger Raymond Charitable Trust
The Michael Bishop Foundation
Active Communities Network
Garfield Weston Foundation
83,297
4,870
,800
(272)
60,000
1,600
63,286
35,455
63,400
20,777
52,500
75,000
7,500
loo,000
83,297
(1,040.047)
(277)
(4.000)
14,375
(869,917)
(2,077)
(3,728)
(45,625)
(1,600)
(63,727)
(31,556)
(63,400)
(20,777)
(41,250)
(75,000)
(7,500)
(ioo,000)
(441)
3,899
11,250
569 213
1,326 157
756,944
TOTAL FUNDS
898,616
16.
DESIGNATED FUNDS
Meinbers, Fund
The income fuijds of the charity include the Meinbei's, Fund, which is a designated fund.
The basic fundiiig eacli yeai. coines froni tlie allocation of 50 % of the members, subsci'Èptions and caiiteen pi'ofit. In addition,
the proceeds of any ￿nd-raisIng efforts by the members al-e taken to the ￿nd, together with any donations received.
The responsibility for decisions regarding expenditure is in the hands of a committee of members. This coinmittee has
complete autonomy, with the Senior Youth Worker attending in an advisory capacity.
Meiiibers, FIiFid
Balance of Fund on l April 2023
11,512
Add: Income
522
Less.. Ouigoings for the year
Balance as at 31 March 2024
12,034
25

Redevelopment Fund
This fund is for the redevelopment of the site.
Re(levelopiiieiil Fiiiid
Balance of Fund on l April 2023
12,452
Add.. Income
Less: Outgoings for the year
Balance as at 31 March 2024
12,452
26

ALFORD HOUSE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Grants
Commissioned work
92,535
1,217
211,303
86,832
706
126,842
40.400
335,555
254,780
Other trading activitie5
Fundraising events
2,047
425
Investment income
Rents i'eceived
Interest receivable - trading
81,886
102,607
114,493
6,823
184 493
121316
Total incoming resources
522,095
376,521
EXPENDITURE
Other trading activities
Bad debts
660
Charitable activities
Wages
Insui?nce
Light and heat
Telephone
Postage and stationery
Payroll bureau
Repairs and renewals
Cleaning
Subs¢riptions and membership
Redevelopnient
Legal fees
Letting fees
Ti'avel and subsistence
Staff training cost
and expenses
164,088
11,621
15,773
1,708
1,561
504
24,352
17,965
924
1,019,787
48
1,335
566
438
152,675
7,692
11,856
2,900
2,243
424
12,535
17,882
690
24,770
4,272
720
1,277,984
265,583
Support costs
Finance
FTeeliold propety
14,516
14,516
27

ALFORD HOUSE
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Finance
Other
Loss on sale of tangible fixed assets
(556.180)
Governance costs
Accountancy and legal fees
12,386
Total resources expended
1305 546
263,116)
Net (expenditure)/ineome
783,451)
639,637
28