Registered number: 6643013 Charity number: 1125525
FULL OF LIFE
(A company limited by guarantee)
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FULL OF LIFE
(A company limited by guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and administrative details of the Company, its Trustees and advisers | 1 |
| Trustees' report | 2-7 |
| Independent auditors' report on the financial statements | 8 - 11 |
| Statement of financial activities | 12 |
| Income and expenditure account | 13 |
| Balance sheet | 14 |
| Statement of cash flows | 15 |
| Notes to the financial statements | 16 - 29 |
FULL OF LIFE
(A company limited by guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025
Trustees
Mrs Virginie Isbell Mrs Sue Redmond Mrs Sue Stirling Mrs Christine Potter Mrs Susan Bromley-Challenor Mrs Claire Durtnall Claudine Mahoro-Nyirigira Margaret Powers
Company registered number
6643013
Charity registered number
1125525
Registered office
Kensal House Annex 379 Ladbroke Grove London W10 5BQ
Company secretary
Mrs Sue Stirling
Independent auditors
Baldwin Scofield Ltd Chartered Accountants Statutory auditors 3 Newhouse Business Centre Old Crawley Road Horsham West Sussex RH12 4RU
Bankers
National Westminster Bank pie 25 Shepherds Bush Green London W12 8PR
Page 1
FULL OF LIFE
(A company limited by guarantee)
TRUSTEES'REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees present their annual report together with the audited financial statements of the Full of Life for the year 1 April 2024 to 31 March 2025. The Annual report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
• Policies and objectives
The principal object of the company is to benefit children and young people who are disabled in the Royal Borough of Kensington and Chelsea.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
• Activities undertaken to achieve objectives
The charity achieves its objectives through the services it provides to the families and carers of children with disabilities within the Borough of Kensington & Chelsea.
It delivers services to parents primarily through its premises at Kensal House annex.
• Main activities undertaken to further the Company's purposes for the public benefit
The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or aims that are for the public benefit. Details of how the charity has achieved this are provided in this report.
Achievements and performance
• Main achievements of the Charity
This year has seen Full of Life as busier than ever! We continue to lobby and raise the profile of the needs of children and adults with SEND their parent carers locally.
Our staff team continue to do an incredible job by offering a fun, enabling, safe and happy service for all young people who attend our day service.
Our Family Support Service, Carers Advocacy Service, Information Advice and Support Services continue to offer a service that combines Teams and in person meetings with families. Feedback from families is extremely positive, this method of working allows our staff team to support even more families. Our parent forums topics continue to be developed based on parent's feedback, what we find from our direct work with families and on national and local changes. Our Parent Forums are now held in person, and online.
Page 2
FULL OF LIFE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance (continued)
• Main achievements of the Charity (continued)
Our partnership with Dr Jo Stubley from the Tavistock Institute continues, we have reshaped our Emotional Health and Wellbeing Service based on families feedback and have run very successful group sessions. These sessions will grow and develop in the coming year.
This year has been an extremely busy year, we continued to build our partnership work with RBKC Children and Family's Services, RBKC Adult Learning Disabilities Services and NWL ICB all the while keeping our independence.
Family Support and Carers Advocacy Service:
Our Family Support and Carers Advocacy services continue to be a lifeline for families in what is a lifelong journey of caring for a disabled child. Our Family Support Service has continued to build links with Early Years Settings, Nurseries and Children's Centres by attending more outreach sessions. Our services ensure that there are no gaps in support for families when a child is newly diagnosed or when they reach transition from children to adult services. There continues to be an increase in families accessing both services due to financial and emotional pressures and in the case of the Carers Advocacy Service for support with the SEN processinto secondary school/college. Both services have been vital in referring some parents for counselling and other health services as well as supporting parents through difficult times due to their own serious health concerns. They also continue to help us build evidence for our partnership work with RBKC Children and Families Services, RBKC Adult Learning Disabilities Services and NWL ICB.
Information Service
Our Information Service is a practical enabling resource for families and professionals. Facebook, text messaging and emails continue to be parents preferred methods of being reminded about our forums, newsletters, training and focus group/consultations. Our Guides and Mini Guides help families understand specific topics and are available online and in print. Our Information service continues to play a vital role, ensuring parents are kept up to date with changes due to the Children and Families Act and Care Act as well as changes to local services. Our website is regularly updated and includes training and information videos, all of which are user friendly and empower our families.
IASS
Our IASS (Information Advice and Support Service) delivers a high-quality independent service online and is extremely busy. The service ensures that families understand the process of SEND. As part of this service, we have developed an Independent Support Service (IS) which works with families in Early Years, then refers directly into the IASS service when a child is ready to attend primary school. This service has been extremely helpful to families as we enable and inform parents early in their journey of raising a child with SEND. We have also noticed an increase in families asking for our help whose children/young person does not have SEND but have mental health issues. We are raising these cases with RBKC and the ICB and hope that a clear pathway to help will be developed locally for families. The Service has also provided specific training sessions for parents ensuring they are confident when attending meetings with schools or with other professionals. When a child reaches the age of 16 the IASS service refers to our Carers Advocacy Service, therefore ensuring continuity of support for parents through the SEND process from 0-25. Our real strength continues to be the stability and continuity of service that we deliver, and the trust families place in our service being truly independent of the Local Authority. We have delivered this service for over twenty years, and it has now seen generations of children through the SEN process.
Parent Participation:
Our Parent Participation project has continued with our forums taking place face to face and online. Our reason for being as a Charity is to empower parents, this continues to happen via our forums and outside of Full of Life in nurseries, children's centres, schools and colleges. Parents have unique expertise they have gained from raising a child with SEND. Sharing this with each other empowers all families. Our Parent Forums ensure parents can meet with Local Councillors, professionals from Health, Education and Social Care, to share their expertise, views, or concerns about local services with the aim to develop them to meet family's needs. We also use the forums to deliver training or consultation sessions which develop from our direct work with
Page 3
FULL OF LIFE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH2025
Achievements and performance (continued)
families. This year they have included representatives from RBKC Education, RBKC Health and Social Care, Professor Luke Clements, Speech and Language Therapy Services and IPSEA. The forums help shape, keep, and develop local services that best meet our family's needs. It is wonderful to see so many parents working together for the benefit of all families. We have also taken part in the review of SEND with the Law Commission and a review of the Occupational Therapy Service. Our Parent Forums also help shape services nationally as we are part of the Northwest London Parent Participation Group organised by CONTACT who work closely with the DFE and Health.
Day Services People with Complex Needs:
Our services for people with complex needs continue to evolve and are seen as an example of good practice ensuring people stay in our local community with their families and friends. They have also been instrumental in keeping stability in young people's lives when they transition from children to adult services. People who attend our services continue to access a wide variety of opportunities that develop their individual skills, identify their unique gifts and talents, which helps them gain work experience and volunteering opportunities. People who attend our service build their life skills within our centre. We also raise issues faced by the people we work with such as wheelchair services, Lime Bikes and local Gym services. We want people with complex needs to have the same opportunities as everyone else and our direct work can sometimes provide evidence of inequality.
Our service also ensures people access preventative and acute health services, thereby addressing the risk of health inequalities sadly faced by people with learning disabilities. We provide Yoga, Sports, Drama, Music Sessions, and Music Therapy which help build young people's confidence in themselves and the staff who work for them. We have received funding for transport which will allow us to provide day trips!
We continue to be part of the Nurse Associates Programme via St Marys Hospital and Chelsea Westminster Hospital NHS Foundation Trust. We are very proud to be able to share our expertise with staff knowing that it will help people when they attend hospitals. Through this programme Nurse Associates are offered a week's placement at Full of Life to learn about working with people with complex needs. Their feedback has been extremely positive, so much so we have agreed to increase the placement time to two weeks. Our partnership work offering placements for trainee nurses from Imperial College continues to be another successful element of our service.
Strategic Work:
Children and Families:
The Implementation of the Children and Families Act and the Care Act continues to bring changes to how children, young people and their parents access the support they need to live a happy, healthy life. Our staff team continue to offer a high-quality service to families. Our Parent Forums also ensure that parents' expertise is recognised and developed, this has led to parents being available to be part of Bi Borough Commissioning Services and RBKC Interview Panels. The Forums also help parents to feel confident in advocating for their child and participate in consultations and focus groups that develop services that matter to them.
We sit on all Strategic Boards, Working Groups and Committees dealing with Education, Health and Social Care. The 'You Said We Will' document that we developed in partnership with RBKC SEND and Health Teams continues to map and shape local SEND Services. Our SEND surgeries now take place in person, they enable families with the support of Full of Life to meet professionals from the SEN Team to discuss specific issues relating to individual children. This has helped build relationships and resolve issues quickly.
We have participated in the redesign of how Children's Short Breaks and Social Care Services are delivered. This will ensure that families feel supported and have a point of contact within these services. We have also helped to redesign how Speech and Language Therapy Services are delivered ensuring that the development of children's communication skills is 'everyone's business.
We will continue to build and develop our partnership work with RBKC SEND and Health to ensure services develop to meet the needs of our families.
Page 4
FULL OF LIFE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance (continued)
Diana Memorial Playground:
We are very proud to have been asked to participate in the redevelopment of this wonderful playground. A series of workshops and on-site sessions took place with staff from the Royal Parks and our families. The new plans demonstrate clearly how working together will enable a future generation of children to play with other children in a mainstream setting. The site will close in October and reopen in 2026 and we have been invited to the official opening!
Health
We continue to be part of a multidisciplinary team helping to shape hospital services and see the benefit of Chelsea Westminster Hospitals unique Learning Disability flagging system which identifies the access needs of children, and adults with Learning Disabilities. This helps the hospital to identify any gaps in its service, ultimately improving access to acute healthcare for our sons and daughters.
Adult Learning Disability Services:
We continue to have regular meetings with professionals from Adult Social Care and Health to discuss services provided to people with learning disabilities and their families. Our partnership work with RBKC Housing has ensured that five properties were allocated to people with moderate learning disabilities who may be able to live independently with some support in the community. We continue to work for the development of housing for people with complex needs. We sit on all the workstreams in the development of the 'Changing Lives' Strategy. This will we hope, bring about tangible change for our sons and daughters when they reach adult services.
Health Services continue to be a priority for our families. We sit on Chelsea Westminster Hospitals Learning Disability forum. The Hospitals Learning Disability Flagging System, Hospital Passports and Accessible Information about the Hospitals Pharmacy services and other services are embedded as good practice for children and adults with learning disabilities. We have also delivered training to student nurses and doctors from St Mary's Hospital and Imperial College.
The Community Dental Services continues to deliver a truly high quality accessible dental services, feedback from our families has been extremely positive. We look forward to seeing them in their newly refurbished department at St Charles Hospital in the New Year.
We continue to support over 700 families and professionals from RBKC and Health. We are proud to say that we have the most dedicated staff team who are committed to providing families with the most up to date, practical and empowering information, and service. All our families, and young people trust our team for their independence, integrity, and caring attitude. We are truly honoured to say that families continue to view us as part of their family. In the coming year, we will continue to work hard to support our families and will ensure their voices and the voices of their children are heard. We will continue to focus on Adult Learning Disability Services and Local Housing and on the implementation of the newly designed Children with Disabilities Services.
We are extremely grateful to RBKC Children and Families Services, RBKC Adult Learning Disability Services, Northwest London ICB, DFE, Kensington and Chelsea Foundation, OMGT, The Julia Rausing Trust, Local Businesses, Schools, and Individuals for their continued support both financially and in kind.
We look forward to another busy year!
• Fundraising activities and income generation
As stated in the section on principal funding, the charity relies almost exclusively on funding from local government and grant making bodies. It does not employ a professional fund-raiser nor is it actively involved in fundraising from the public. The small number of donations recieved are unsolicited, freely given, donations from friends and family of clients.
Page 5
FULL OF LIFE (A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Financial review
• Going concern
After making appropriate enqumes, the Trustees have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies.
• Principal funding
The principal funding of the charity is from local government through grants provided by the Royal Borough of Kensington & Chelsea's Children with Disabilities Team and Learning Disabilities Team.
Structure, governance and management
• Constitution
Full of Life is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
The principal object of the company is to benefit children and young people who are disabled in the Royal Borough of Kensington & Chelsea to relieve need, advance education and provide or assist in the provision of facilities for recreation or other leisure time occupation for such persons and for such immediate members of their families having need of such facilities by reason of their poverty or social and economic circumstances with the object of improving their conditions of life.
• Methods of appointment or election of Trustees
The management of the Company is the responsibility of the Trustees who are elected and co-opted under the terms of the Memorandum of Association.
• Organisational structure and decision-making policies
The Trustees are responsible for the running of the charity and hold regular management committee meetings for this purpose. The day to day administration of the charity is delegated to Mr Frank Redmond, the spouse of the Joint Chair of Trustees.
• Financial risk management
The Trustees actively review the major risks which the charity faces on a regular basis and believe that maintaining the free reserves stated, combined with the annual review of controls over key financial systems will provide sufficient resources in the event of adverse conditions. The Trustees have also examined other operational and business risks that the charity faces and confirm that they have established systems to mitigate the significant risks.
Plans for future periods
We continue to provide a high quality day service for a number of service users with complex needs and those activities offered are expanding and tailored to the needs of individual service users. We will also continue to raise the issue of the need for housing for people with complex needs.
Page 6
FULL OF LIFE
(A company limited by guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Members' liability
The Members of the Company guarantee to contribute an amount not exceeding £1 to the assets of the Company in the event of winding up.
Statement of Trustees' responsibilities
The Trustees (who are also the directors of the Company for the purposes of company law) are responsible for preparing the Trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
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observe the methods and principles of the Charities SORP (FRS 102);
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make judgments and accounting estimates that are reasonable and prudent;
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state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Disclosure of information to auditors
-
Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:
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so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and
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that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.
Auditors
The auditors, Baldwin Scofield Ltd, have indicated their willingness to continue in office. The designated Trustees will propose a motion reappointing the auditors at a meeting of the Trustees.
Approved by order of the members of the board of Trustees on 17 December 2025 and signed on their behalf
Mrs Sue Redmond Joint chair
Page 7
FULL OF LIFE (A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF FULL OF LIFE
Opinion
We have audited the financial statements of Full of Life (the 'charitable company') for the year ended 31 March 2025 which comprise the Statement of financial activities, the Income and expenditure account, the Balance sheet, the Statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure for the year then ended;
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have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
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have been prepared in accordance with the requirements of the Charities Act 2011.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.
Page 8
FULL OF LIFE
(A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF FULL OF LIFE (CONTINUED)
Other information
The other information comprises the information included in the Annual report other than the financial statements and our Auditors' report thereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Matters on which we are required to report by exception
We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
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the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or
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sufficient accounting records have not been kept; or
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the financial statements are not in agreement with the accounting records and returns; or
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we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
As explained more fully in the Trustees' responsibilities statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the Trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 9
FULL OF LIFE
(A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF FULL OF LIFE (CONTINUED)
Auditors' responsibilities for the audit of the financial statements
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
We obtained an understanding of the legal and regulatory frameworks that are applicable to the charitable company and determined that the most significant are those that relate to the reporting framework in conformity with the requirements of the Companies Act 2006 and Charities Act 2011 and the relevant direct and indirect tax compliance regulations in the United Kingdom.
We understood how Full of Life is complying with those frameworks by making enquiries of management to understand how the charitable company maintains and communicates its policies and procedures in these areas and corroborated this by reviewing supporting documentation and minutes of meetings of those charged with governance.
We assessed the susceptibility of the charity's financial statements to material misstatement, including how fraud might occur by considering the risk of management override to be a fraud risk. In addition, we considered the risk of management override by sampling from the entire population of journals, identifying specific transactions which did not meet our expectations based on specific criteria and investigated these to gain an understanding and then agree back to source documentation.
Based on this understanding we designed our audit procedures to identify noncompliance with such laws and regulations. Our procedures involved verifying that material transactions were recorded in compliance with Financial Reporting Standards in conformity with the requirements of the Companies Act 2006 and Charities Act 2011.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: w.frc.orq.uk/auditorsresponsibilities. This description forms part of our Auditors' report.
Page 10
FULL OF LIFE
(A company limited by guarantee)
INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF FULL OF LIFE (CONTINUED)
Use of our report
This report is mad e solely to the charitable company's trustees, as a body, in accord ance with Part 4 of the Chari ti es (Accounts and Reports) Regulations 2008. Our aud it work has been und ertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an Aud itors' report and for no other purpose. To the fullest extent permitted by law, we d o not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our aud it work, for this report, or for the opinions we hav e formed .
Baldwin Scofield Ltd
Chartered Accountants Statutory aud itors 3 Newhouse Business Centre Old Crawley Road Horsham West Sussex RH12 4 RU
17 December 2025
Bald win Scofi eld Ltd are eli gible to act as aud itors in terms of section 1212 of the Companies Act 200 6.
Page 11
FULL OF LIFE
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| 2025 | 2025 | 2025 | 2024 | ||
| Note | £ | £ | £ | £ | |
| Income from: | |||||
| Donations and legacies | 3 | 17,906 | 41 ,414 | 59,320 | 86,029 |
| Charitable activities | 4 | 235,433 | 774,458 | 1 ,009,891 | 950, 122 |
| Investments | 5 | 27,643 | 27,643 | 23,231 | |
| Total income | 280,982 | 815,872 | 1 ,096,854 | 1,059,382 | |
| Expenditure on: | |||||
| Charitable activities | 6 | 234,365 | 773,285 | 1 ,007,650 | 941, 153 |
| Total expenditure | 234,365 | 773,285 | 1 ,007,650 | 941, 153 | |
| Net income | 46,617 | 42,587 | 89,204 | 1 18,229 | |
| Transfers between funds | 14 | (729) | 729 | ||
| Net movement in funds | 45,888 | 43,316 | 89,204 | 1 18,229 | |
| Reconciliation of funds: | |||||
| Total funds brought forward | 700,498 | 1,020,291 | 1 ,720,789 | 1, 602,560 | |
| Net movement in funds | 45,888 | 43,316 | 89,204 | 1 18,229 | |
| Total funds carried forward | 746,386 | 1 ,063,607 | 1 ,809,993 | 1, 720, 789 |
The Statement of financial activities includes all gains and losses recognised in the year.
The notes on pages 16 to 29 form part of these financial statements.
Page 12
FULL OF LIFE (A company limited by guarantee)
SUMMARY INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
| Total funds | Total funds | ||
|---|---|---|---|
| 2025 | 2024 | ||
| Note | £ | £ | |
| Gross income in the reporting period | 1 ,096,854 | 1,059,382 | |
| Less: Total expenditure | (1,007,650) | (941, 153) | |
| Net income for the reporting period | 89,204 | 1 18,229 | |
| The notes on pages 16 to 29 form part of these financial statements. |
Page 13
FULL OF LIFE
(A company limited by guarantee) REGISTERED NUMBER: 6643013
BALANCE SHEET AS AT 31 MARCH 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Current assets | |||||
| Debtors | 11 | 67,984 | 108, 700 | ||
| Cash at bank and in hand | 1 ,763,857 | 1, 634,238 | |||
| 1,831,841 | 1, 742, 938 | ||||
| Current liabilities | |||||
| Creditors: amounts falling due within one | |||||
| year | 12 | (21,848) | (22, 149) | ||
| Net current assets | 1 ,809,993 | 1, 720, 789 | |||
| Total net assets | 1 ,809,993 | 1, 720, 789 | |||
| Charity funds | |||||
| Restricted funds | 14 | 1 ,063,607 | 1,020,291 | ||
| Unrestricted funds | 14 | 746,386 | 700,498 | ||
| Total funds | 1 ,809,993 | 1, 720, 789 |
The entity was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the entity to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
However, an audit is required in accordance with section 14 4 of the Charities Act 2011.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The fi nancial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 17 December 2025 and signed on their behalf by:
Mrs Virginie Isbell J oint chair
The notes on pages 16 to 29 form part of these financial statements.
Page 1 4
FULL OF LIFE
(A company limited by guarantee)
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Cash flows from operating activities | ||
| Net cash used in operating activities | 129,619 | 132,651 |
| Cash flows from investing activities | ||
| Net cash provided by investing activities | ||
| Cash flows from financing activities | ||
| Net cash provided by financing activities | ||
| Change in cash and cash equivalents in the year | 129,619 | 132,651 |
| Cash and cash equivalents at the beginning of the year | 1 ,634,238 | 1,501,587 |
| Cash and cash equivalents at the end of the year | 1,763,857 | 1,634,238 |
| The notes on pages 16 to 29 form part of these financial statements |
Page 1 5
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. General information
Full of Life i s registered as a charitable company limited by guarantee and was set up by a Memorandum of Association.
2. Accounting policies
2.1 Basis of preparation of financial statements
The fi nancial statements have been prepared in accordance with the Charities SORP (FRS 1 02) - Accounting and Reporting by Charities: Statement of Recommended Practice appli cable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1 02) (effective 1 January 201 9), the Financi al Reporting Standard applicable in the UK and Republic of Ireland (FRS 1 02) and the Companies Act 2006.
Full of Life meets the definition of a public benefit entity under FRS 1 02. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.
2.2 I ncome
All income is recognised once the Company has entitlement to the income, it is probable that the i ncome will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specifi c purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.
Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefi t to a third party, it is probable that a transfer of economic benefi ts will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classifi ed by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those acti vities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activiti es is incurred on directly undertaking the activities which further the Company's obj ectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Company; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.
Page 1 6
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
2. Accounting policies (continued)
2.5 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
2.6 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
2.7 Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.
Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost.
2.8 Financial instruments
The Company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
2.9 Pensions
The Company operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Company to the fund in respect of the year.
2.10 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 17
FULL OF LIFE
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
3. Income from donations and legacies
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2025 | |
| £ | £ | £ | |
| Donations | 7,906 | 7,906 | |
| Grants | 10,000 | 41,414 | 51,414 |
| 17,906 | 41,414 | 59,320 | |
| Unrestricted funds |
Restricted funds |
Total funds |
|
| 2024 | 2024 | 2024 | |
| £ | £ | £ | |
| Donations | 29,090 | 29,090 | |
| Grants | 56,939 | 56, 939 | |
| 29,090 | 56,939 | 86,029 | |
| Income from charitable activities | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2025 | 2025 | 2025 | |
| £ | £ | £ | |
| Income from charitable activities | 235,433 | 774,458 | 1,009,891 |
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2024 | 2024 | 2024 | |
| £ | £ | £ | |
| Income from charitable activities | 201,469 | 748,653 | 950, 122 |
4. Income from charitable activities
Page 18
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. Investment income
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2025 | 2025 | |
| £ | £ | |
| I nvestment income - local ca sh | 27 , 643 | 27,643 |
| Unrestricted | Total | |
| funds | funds | |
| 2024 | 2024 | |
| £ | £ | |
| Investment income - loca l cash | 23,231 | 23,231 |
6. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted | Restricted | |||
|---|---|---|---|---|
| funds | funds | Total | ||
| 2025 | 2025 | 2025 | ||
| £ | £ | £ | ||
| Direct costs of cha ritable a ctivities | Direct costs of cha ritable a ctivities | 234, 365 | 773,285 | 1,007,650 |
| Unrestricted funds |
Restricted funds |
Total | ||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| Direct costs of cha rita ble activities | Direct costs of cha rita ble activities | 246,235 | 694,918 | 941, 153 |
Pa ge 19
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. Analysis of expenditure by activities
| Activities | |||
|---|---|---|---|
| undertaken | Support | Total | |
| directly | costs | funds | |
| 2025 | 2025 | 2025 | |
| £ | £ | £ | |
| Direct costs | 998,950 | 8,700 | 1,007,650 |
| Activities | |||
| undertaken | Support | Total | |
| directly | costs | funds | |
| 2024 | 2024 | 2024 | |
| £ | £ | £ | |
| Direct costs | 932,273 | 8,880 | 941, 153 |
Page 20
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Total | ||
|---|---|---|
| Activities | funds | |
| 2025 | 2025 | |
| £ | £ | |
| Staff costs | 781,975 | 781,975 |
| Activites and projects | 7,969 | 7,969 |
| Care & support | 7,781 | 7,781 |
| Software & internet costs | 5,786 | 5,786 |
| Cleaning costs | 5,491 | 5,491 |
| Consumables | 8,550 | 8,550 |
| Insurance | 3,624 | 3,624 |
| Doubtful debt recovered | 62 | 62 |
| Equipment costs | 38,055 | 38,055 |
| Office costs | 9,913 | 9,913 |
| Printing, stationery and postage | 887 | 887 |
| Rent and rates | 10,582 | 10,582 |
| Repairs and maintenance | 16,473 | 16,473 |
| Contract staff | 71,499 | 71,499 |
| Telephone | 2,725 | 2,725 |
| Training | 10,861 | 10,861 |
| Travel | 1,280 | 1,280 |
| Utilities | 5,203 | 5,203 |
| Bank charges | 745 | 745 |
| Legal and professional fees | 9,489 | 9,489 |
| 998,950 | 998,950 |
Page 21
FULL OF LIFE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. Analysis of expenditure by activities (continued)
Analysis of direct costs (continued)
| Analysis of direct costs (continued) | ||
|---|---|---|
| Total | ||
| Activities | funds | |
| 2024 | 2024 | |
| £ | £ | |
| Staff costs | 743,843 | 743,843 |
| Activites and projects | 5,918 | 5,918 |
| Cleaning costs | 3,413 | 3,413 |
| Consumables | 16,042 | 16,042 |
| Insurance | 3,567 | 3,567 |
| Doubtful debt recovered | 65 | 65 |
| Equipment costs | 22,371 | 22,371 |
| Publicity costs | 476 | 476 |
| Office costs | 2,731 | 2, 731 |
| Printing, stationery and postage | 2,305 | 2,305 |
| Rent and rates | 7,232 | 7,232 |
| Repairs and maintenance | 20,21 1 | 20,21 1 |
| Contract staff | 78,601 | 78,601 |
| Telephone | 2,973 | 2,973 |
| Training | 9,009 | 9,009 |
| Travel | 1,604 | 1,604 |
| Utilities | 2,274 | 2,274 |
| Bank charges | 760 | 760 |
| Legal and professional fees | 8,878 | 8,878 |
| 932, 273 | 932,273 | |
| ———_————————__F | aSaaSS—== | |
| Analysis of support costs | ||
| Total | ||
| Activities | funds | |
| 2025 | 2025 | |
| £ | £ | |
| Audit and accountancy fees | 8,700 | 8,700 |
Page 22
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
7. Analysis of expenditure by activities (continued)
Analysis of support costs (continued)
| Total | |||
|---|---|---|---|
| Activities | funds | ||
| 2024 | 2024 | ||
| £ | £ | ||
| Aud it and accountancy fees | 8,880 | 8,880 | |
| 8. | Auditors' remuneration | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Fees pay able to the Company's aud itor for the aud it of the Company' s | |||
| annual accounts | 5,0 0 0 | 4,800 | |
| 9. | Staff costs | ||
| 2025 | 2024 | ||
| £ | |||
| Wages and salaries | 568,80 4 | 544,537 | |
| Social security costs | 178,888 | 167, 759 | |
| Contribution to d efined contribution pension schemes | 34,283 | 31,547 | |
| 781,975 | 743,843 | ||
| T he average number of persons employed by the Company d uring the y ear was as follows: | |||
| 2025 | 2024 | ||
| No. | No. | ||
| Care and support staff | 33 | 33 |
No employee received remuneration amounting to more than £60, 000 in either y ear.
D uring the y ear the spouse and son of Mrs Sue Red mond, a trustee, received salaries from the charity. Mr Frank Red mond received £63, 168 (2024: £63, 478) and Mr Peter Red mond received £7, 088 (2024: £7, 655). I n addition, d uring the y ear they were reimbursed expenses incurred on behalf of the charity a total of £5, 349 (2024: £8, 347).
10 . Trustees' remuneration and expenses
-
D uring the year, no Trustees received any remuneration or other benefits (2024 £NIL).
-
D uring the year end ed 31 March 2025, no Trustee expenses have been incurred (2024 £NIL) .
Page 23
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
11. Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors | 63,236 | 108, 700 | |
| Prepayments and accrued income | 4,748 | ||
| 67,984 | 108, 700 | ||
| 12. | Creditors: Amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Other taxation and social security | 3,096 | ||
| Other creditors | 12,023 | ||
| Accruals and deferred income | 9,825 | 19,053 | |
| 21,848 | 22, 149 | ||
| 13. | Financial instruments | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Financial assets | |||
| Financial assets measured at fair value through income and expenditure | 1,763,857 | 1,634,238 |
Financial assets measured at fair value through income and expenditure comprise bank balances.
Page 24
FULL OF LIFE (A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds
Statement of funds - current year
| Balance at | |||||
|---|---|---|---|---|---|
| Balance at 1 | Transfers | 31 March | |||
| April 2024 | Income | Expenditure | in/out | 2025 | |
| £ | £ | £ | £ | £ | |
| Unrestricted funds | |||||
| General Funds | 700,498 | 280,982 | (234,365) | (729) | 746,386 |
| Restricted funds | |||||
| Adult reserves | 132,224 | 132,224 | |||
| DFE lndependent support | (729) | 729 | |||
| Development fund | 8,286 | 8,286 | |||
| DFEPPG | 17,414 | (16,054) | 1,360 | ||
| Information Service Grant | 69,535 | (1,868) | 67,667 | ||
| RBKC AS contract | 77,500 | 213,956 | (196,085) | 95,371 | |
| Kensington & Chelsea | |||||
| Foundation | 7,415 | 20,000 | (10,508) | 16,907 | |
| WLCCG | 186,144 | 466,829 | (339,477) | (1 31 ,288) | 182,208 |
| Family Support Services | 1 1,367 | 23,673 | (21 ,895) | 1 3,145 | |
| Music Therapy | 4,944 | (8,400) | 10,439 | 6,983 | |
| National Children's Bureau | 9,088 | 9,088 | |||
| RBKC PCT Carers support | 190,894 | 38,000 | (34,480) | 194,414 | |
| Learning Disabilities Contract | 24,588 | (31 ,032) | 39,448 | 33,004 | |
| WLCCG HR Fund | 78,446 | (81,821) | 81,401 | 78,026 | |
| WLCCG Therapy | 127,872 | 127,872 | |||
| Grenfell Tower fund | 1 3,858 | 1 3,858 | |||
| Keeping Well CAMHS | 6,800 | 6,800 | |||
| RBKC IASS Service | 28,954 | 24,000 | (24,730) | 28,224 | |
| Other small funds | 41,026 | 1 2,000 | (6,206) | 46,820 | |
| Job retention scheme fund | 1,350 | 1,350 | |||
| 1,020,291 | 815,872 | (773,285) | 729 | 1 ,063,607 | |
| Total of funds | 1 ,720,789 | 1,096,854 | (1,007,650) | 1 ,809,993 |
Page 25
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
14. Statement of funds (continued)
Statement of funds - prior year
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | Transfers | 31 March | ||||
| 1 April 2023 | Income | Expenditure | in/out | 2024 | ||
| £ | £ | £ | £ | £ | ||
| Unrestricted funds | ||||||
| General fund | 692,943 | 253, 790 | (246,235) | 700,498 | ||
| Restricted funds | ||||||
| Adult reserves | 132,224 | 132,224 | ||||
| Children & Families Act 2014 | 7,070 | (7,070) | ||||
| Development fund | 8,286 | 8,286 | ||||
| DFE lndependent support | 8, 131 | (9, 180) | 1,049 | |||
| Information Service Grant | 74, 792 | (5,257) | 69,535 | |||
| RBKC AS contract | 12,006 | 213,956 | (148,462) | 77,500 | ||
| Kensington & Chelsea | ||||||
| Foundation | 1 1,449 | 6,013 | (10,047) | 7,415 | ||
| WLCCG | 128,618 | 472,591 | (301,053) | (1 14,012) | 186, 144 | |
| Family Support Services | 7,360 | 25,093 | (21,086) | 1 1,367 | ||
| Music Therapy | 1,890 | (5,490) | 8,544 | 4,944 | ||
| National Children's Bureau | 9,088 | 9,088 | ||||
| RBKC PCT Carers support | 204, 724 | 19,000 | (32,830) | 190,894 | ||
| Learning Disabilities Contract | 23, 790 | (31, 155) | 31,953 | 24,588 | ||
| WLCCG HR Fund | 86,081 | (80, 101) | 72,466 | 78,446 | ||
| WLCCG Therapy | 127,872 | 127, 872 | ||||
| Grenfell Tower fund | 13,858 | 13,858 | ||||
| Keeping Well CAMHS | 6,800 | 6,800 | ||||
| RBKC IASS Service | 15, 747 | 39,440 | (26,233) | 28,954 | ||
| Other small funds | 28,481 | 29,499 | (16,954) | 41,026 | ||
| Job retention scheme fund | 1,350 | 1,350 | ||||
| ~~ns~~ | ||||||
| 909,617 | 805,592 | (694,918) | 1,020,291 | |||
| Total of funds | 1,602,560 | 1,059,382 | (941, 153) | - | 1, 720, 789 |
Page 26
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
15. Summary of funds
Summary of funds - current year
| Balance at | |||||
|---|---|---|---|---|---|
| Balance at 1 | Transfers | 31 March | |||
| April 2024 | Income | Expenditure | in/out | 2025 | |
| £ | £ | £ | £ | £ | |
| General funds | 700,498 | 280,982 | (234,365) | (729) | 746,386 |
| Restricted funds | 1 ,020,291 | 815,872 | (773,285) | 729 | 1 ,063,607 |
| 1,720,789 | 1,096,854 | (1,007,650) | 1 ,809,993 | ||
| Summary of funds - prior year | Summary of funds - prior year | ||||
| Balance at | |||||
| Balance at | Transfers | 31 March | |||
| 1 April 2023 | Income | Expenditure | in/out | 2024 | |
| £ | £ | £ | £ | £ | |
| General funds | 692,943 | 253, 790 | (246,235) | 700,498 | |
| Restricted funds | 909,617 | 805,592 | (694,918) | 1,020,291 | |
| 1,602,560 | 1,059,382 | (941, 153) | 1, 720, 789 |
1 6. Analysis of net assets between funds
Analysis of net assets between funds - current year
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2025 | 2025 | 2025 | |
| £ | £ | £ | |
| Current assets | 749,846 | 1 ,081 ,995 | 1 ,831 ,841 |
| Creditors due within one year | (3,460) | (18,388) | (21 ,848) |
| Total | 746,386 | 1 ,063,607 | 1 ,809,993 |
Page 27
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
16. Analysis of net assets between funds (continued)
Analysis of net assets between funds - prior year
| Analysis of net assets between funds - prior year | Analysis of net assets between funds - prior year | |||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| 2024 | 2024 | 2024 | ||
| £ | £ | £ | ||
| Current assets | 722,647 | 1,020,291 | 1, 742,938 | |
| Creditors due within one year | (22, 149) | (22, 149) | ||
| Total | 700,498 | 1, 020, 291 | 1, 720, 789 | |
| 17. | Reconciliation of net movement in funds to net cash flow from operating activities | Reconciliation of net movement in funds to net cash flow from operating activities | ||
| 2025 | 2024 | |||
| £ | £ | |||
| Net income for the year (as per Statement of Financial Activities) | 89,204 | 1 18,229 | ||
| Adjustments for: | ||||
| Decrease in debtors | 40,716 | 373 | ||
| lncrease/(decrease) in creditors | (301 ) | 14,049 | ||
| Net cash provided by operating activities | 129,619 | 132, 651 | ||
| 18. | Analysis of cash and cash equivalents | |||
| 2025 | 2024 | |||
| £ | £ | |||
| Cash in hand | 1,763,857 | 1,634,238 | ||
| Total cash and cash equivalents | 1 ,763,857 | 1,634,238 |
Page 28
FULL OF LIFE
(A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
19. Analysis of changes in net debt
| At 1 April | At 31 March | |||
|---|---|---|---|---|
| 2024 | Cash flows | 2025 | ||
| £ | £ | £ | ||
| Cash a t bank and in ha nd | Cash a t bank and in ha nd | 1,634,238 | 129,619 | 1,763,857 |
| 1,634,238 | 129,619 | 1,763,857 |
20. Pension commitments
T he company operates a define d contribution pe nsion sche me. The asse ts of the scheme are held se para tely from those of the company in a n independently administe re d fund. The pension cost cha rge re prese nts contributions payable by the group to the fund a nd amounted to £34,283 (2024: £31, 547) fo r the year.
Pa ge 29