COMPANY REGISTRATION NUMBER: 06750800 CHARITY REGISTRATION NUMBER: 1128902
Healthy Generations Ltd Company Limited by Guarantee Unaudited Financial Statements
31 March 2025
Stately Accountants Kingsbridge Court, Castlehaven Road London NW1 8QA
Healthy Generations Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report)
Year ended 31 March 2025
The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative details
Registered charity name Healthy Generations Ltd Charity registration number 1128902 Company registration number 06750800 Principal office and registered 6/9 Manor Gardens, office London N7 6LA The trustees Lloyd Coombes MBE - Chair Maureen Collins BEM - Treasurer Ben Osborne- Secretary Len Andrews (Resigned 17/1/25) Mahen Perera Diana Birtis (Appointed 17/1/25) Company secretary Peter Crockett Independent examiner Stately Accountants Kingsbridge Court, Castlehaven Road, London NW1 8QA
1
Healthy Generations Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
The trustees present their report and financial statements for the year ended 31st March 2025. The accounts have been prepared in accordance with the accounting policies set out in Note 1 to the accounts and comply with the trust's charitable trust deed, the charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities", applicable from 1st January 2015.
Structure, governance and management
The trust was established as a charitable association on 15th November 2006 and became a registered charity called Music for People on 31st March 2009. We changed the name to better reflect our growing health interest and projects to Healthy Generations in 2013.
The registered charity number of Healthy Generations Ltd is 1128902.
The trustees who served during the year are: Lloyd Coombes MBE - Chair Mrs. Maureen Collins BEM – Treasurer Mr. Ben Osborne – Secretary Mr. Len Andrews – Trustee (Resigned 17/1/25) Mr. Mahen Perera – Trustee Ms. Diana Birtis – Trustee (Appointed 17/1/25)
The Trustees appointed are aware of Trustee's responsibilities under charity law and are selected and appointment by the existing body of trustees.
The trustees have assessed the major risks to which the charity is exposed and are satisfied that systems are in place to mitigate exposure to these factors.
Objectives and activities
The trust's objectives are to help provide ways to keep people fit, healthy, involved in their community and out of hospital through the provision of public education, and services to promote more self-reliance and responsibility in maintaining health – “reducing isolation and increasing health and wellbeing” . We presently work with older people and mental health service users in a wide range of community centres, care homes, day centres, libraries, and online. Our favourite banner line is: “You can’t guarantee good health, but you can improve the odds” .
We offer various classes, sessions and events - remedial fitness, keep-fit, singing, and dancing - to individuals and groups working in partnership with many local organisations, promoting community.
Healthy Generations Ltd is dedicated to helping people take control of their own health and finding ways to maximise their possibilities of maintaining good health and therefore independence.
In setting objectives and planning activities the trustees give careful consideration to the Charity Commissions guidance on public benefits and also local government and NHS guidelines and needs to promote good health.
2
Healthy Generations Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
The benefits are provided to the public through the following:
| Exercise | ||
|---|---|---|
| - Remedial Osteoporosis | - Remedial Arthritis | - Keep Fit |
| - Pilates | - Yoga | - Meditation |
| - Alexander Technique | - Dancing | - Falls Prevention |
| - Mindfulness | - Tai Chi | - Cardiac Rehabilitation |
| - Diet for Health | - Men’s Club | - Line Dancing |
| - Qi Gong | - Aqua Fitness | - Menopause Fitness |
| Music | ||
| - Sing-a-longs | - Tea Dances | - Choirs |
| - Music therapy | - Music Appreciation | |
| Digital | ||
| - Digital Help Classes | - Using Computers/Smartphones/Tablets | |
| - Saving money on contracts | - Online safety | |
| Arts & Crafts | ||
| - Sewing | - Crochet | - Painting |
| - Gardening | - Knitting | - Weaving |
| - Art Appreciation | - Gardening Group |
Achievements and performance
Healthy Generations Ltd ran a total of 3,681 events in 2024-2025 for 4,103 users, 40,027 user visits with the help of 44 volunteers.
Membership
Our “Information Network” has continued developing, adding new users and partner organisations each week, keeping them all up-to-date with our classes and events and new projects through email, phone and social media outlets, a partner database and adverts on local notice boards and newsagents. We have a large user base regularly updated with our classes and information and a separate database with all our partner organisations. 519 new users joined Healthy Generations Ltd during the year which is an average of 43.25 per month. We currently have 2,151 users on our email database and 1253 partners, organisations and individuals. We regularly advertise our own and partners’ events and classes to our users.
Present Focus
We still have a strong focus on developing our remedial exercise classes for specific conditions. We run Remedial Osteoporosis, Insomnia, Falls Prevention (Strength & Balance), Type 2 Diabetes, Breathing Difficulties and Stroke. In February 2024 we began classes partnering with Whittington Hospital to provide Phase 4 Cardiac Rehabilitation classes in the community.
We work in partnership with other organisations, presently 29 community centres, 25 care homes, 9 housing
3
Healthy Generations Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
schemes and 5 libraries including Islington Libraries, Clarion Housing, Peabody, Age UK Islington and Mind. We regularly contact all care homes in North London offering our services.
We now have a gardening page with a list of Islington gardening projects and contact details. We advertise partner events and projects which improve health and wellbeing and above all community.
Our reporting of statistics is second-to-none. Every month we produce an internal email with user visits, website visits, number of classes, etc., and also send this out to partners – we want to help develop areas of social depravation and have the reporting in place to be able to demonstrate objective progress.
Volunteers – We are increasing our volunteer base. The new online Art Appreciation class, the Gardening Group and a new Reiki session are all run by volunteers and we are developing this area. Our Agewell Steering Group - volunteer users who help us decide future projects – meets monthly.
Outcomes and Impact
Throughout the course of the year Healthy Generations Ltd had 4,103 different people use its services. The charts below outline the age range, gender, disability of people supported by the services and the breakdown of the classes.
Please note the responses were from our public classes and are statistically significant. The pie charts below came from our latest survey which 331 people returned, 8% of users. In 2024/25 in our public classes 41% of our users had a disability, 89.1% of our users were women, and 94.2% were 56 – 80+ years old.
17% of our classes were held in care homes and day centres where the age and the disability rate is higher.
25% of our classes were held online either exclusively or hybrid - live and online, an important resource enabling us to reach many people with special needs or illnesses making it difficult for them to get out.
4
Healthy Generations Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Risk Management
We maintain a comprehensive risk management and action plan procedure. We mitigate and minimise all risks the charity faces in providing our services. Procedures are in place to ensure compliance with all statutory requirements including employment law and health and safety of staff and users at our events. Our policies are updated every year in April. Risk assessments are produced for each venue we use, and staff are kept up to date with changes and improvements.
Equality and Diversity
Healthy Generations maintains a general equal opportunities policy. Equal opportunities and diversity run through all strands of our policies, procedures, activities, monitoring and evaluation. Our demographic makeup in terms of ethnicity and culture continues to reflect local demographic averages for staffing and is higher for our users.
Environment and Sustainability
Healthy Generations is committed to reducing the environmental impact of our operations, encouraging the use of public transport, and minimising the office waste of electricity, paper use and heating. We provide outdoor Park Exercise classes, History and Park Walks and run a campaign to increase the use of local gardening and environmental projects in Islington with a page listing local projects which we promote regularly as well as working in partnership with various local environmental organisations.
5
Healthy Generations Ltd
Company Limited by Guarantee
Trustees' Annual Report (Incorporating the Director's Report) (continued)
Year ended 31 March 2025
Financial Review
The unrestricted funds of the charity at 31st March 2025 were £66,164 (2023/2024: £70,748) and restricted funds were £67,903 (2023/2024: £106,726). Net incoming resources for the year were £223,797 (2023/2024: £330,746).
Reserves Policy
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six months expenditure plus one year of premises costs. This continues to be met satisfactorily.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small company’s exemption. The trustees' annual report was approved on …….06/08/2025……….. and signed on behalf of the board of trustees by:
.............................................. …............................................ Lloyd Coombes MBE Maureen Collins BEM Chair Treasurer
Dated: Dated:
6
Healthy Generations Ltd
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Healthy Generations Ltd
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of Healthy Generations Ltd ('the charity') for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or
-
the financial statements do not accord with those records; or
-
the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or
-
the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Javed Azam Independent Examiner
Stately Accountants Kingsbridge Court, Castlehaven Road London NW1 8QA
7
Healthy Generations Ltd
Company Limited by Guarantee
Statement of Financial Activities (including income and expenditure account)
Year ended 31 March 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | ||||
| Funds | funds | Total funds | Total funds | ||
| Note | £ | £ | £ | £ | |
| Income and endowments | |||||
| Donations and legacies | 5 | 110,525 | 109,875 | 220,400 | 328,393 |
| Charitable activities | 6 | – | – | – | – |
| Investment Income | 6.1 | 3,397 | – | 3,397 | 2,353 |
| - | - | - | |||
| Total income | 113,922 | 109,875 | 223,797 | 330,746 | |
| = | = | = | = | ||
| Expenditure | |||||
| Expenditure on raising funds: | |||||
| Costs of raising donations and | |||||
| legacies | 7 | 4.365 | 6,777 | 11,141 | 7,938 |
| Expenditure on charitable activities | 8,9 | 97,140 | 158,922 | 256,063 | 272,203 |
| - | - | - | - | ||
| Total expenditure | 101,505 | 165,699 | 267,204 | 280,140 | |
| = | = | = | = | ||
| - | - | - | - | ||
| Transfer between funds | (17,000) | 17,000 | – | – | |
| Net income and net movement in | funds | (4,584) | (38,823) | (43,407) | 50,606 |
| = | = | = | = | ||
| Reconciliation of funds | |||||
| Total funds brought forward | 70,748 | 106,726 | 117,474 | 126,868 | |
| - | - | - | - | ||
| Total funds carried forward | 66,164 | 67,903 | 134,067 | 117,474 | |
| = | = | = | = |
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
The notes on pages 10 to 17 form part of these financial statements.
8
Healthy Generations Ltd
Company Limited by Guarantee
Statement of Financial Position
31 March 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Note | £ | £ | |
| Current assets | |||
| Debtors | 13 | 11,705 | 10,265 |
| Cash at bank and in hand | 143,695 | 197,864 | |
| - | - | ||
| 155,400 | 208,129 | ||
| Creditors: amounts falling due within one year | 14 (21,334) |
(21,334) | 30,654 |
| - | - | ||
| Net current assets | 134,067 | 177,474 | |
| - | - | ||
| Total assets less current liabilities | 134,067 | 177,474 | |
| - | - | ||
| Net assets | 134,067 | 177,474 | |
| = | = | ||
| Funds of the charity | |||
| Restricted funds: | |||
| Restricted funds | 50,903 | 106,726 | |
| Designated Project Funds | 17,000 | ||
| Unrestricted funds | 66,164 | 70,748 | |
| - | - | ||
| Total charity funds | 16 | 134,067 | 177,474 |
| = | = |
For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.
These financial statements were approved by the board of trustees and authorized for issue on the 12[th] September 2025 and are signed on behalf of the board by:
.............................................. Lloyd Coombes MBE Chair
…............................................ Maureen Collins BEM Treasurer
9
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
1. General information
The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 6/9 Manor Gardens, London, N7 6LA.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
10
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
-
income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably.
-
legacy income is recognised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
- income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
-
expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods.
-
expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
-
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
11
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
3. Accounting policies (continued)
Financial instruments (continued)
Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs.
Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment.
Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised.
For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.
12
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
4. Limited by guarantee
The charity is limited by guarantee of £1 per member without share capital.
5. Donations and legacies
| Unrestricted | Restricted | Total Funds | |
|---|---|---|---|
| Funds | Funds | 2025 | |
| Current year | £ | £ | £ |
| Donations | |||
| Waitrose | – | - | – |
| Sir Jules Thorn Charitable Trust | – | 3,000 | 3,000 |
| Unrestricted Fees | 86,191 |
– | 86,191 |
| Donations collected by tutors | 7,559 |
– | 7,559 |
| Trusts Donation | 16,775 |
– | 16,775 |
| Housing 21 donation | – | 1,000 | 1,000 |
| Karma Electrical donation | – |
200 | 200 |
| ProCare Wetrooms donation | – |
313 | 313 |
| Grants | |||
| Charles Hayward Foundation | – | 5,000 | 5,000 |
| Arnold Clark CF | – | 1,000 | 1,000 |
| LIF | – | 16,512 | 16,512 |
| Garfield Weston | – | 15,000 | 15,000 |
| Clarion | – | 12,000 | 12,000 |
| VCS | – | 10,000 | 10,000 |
| Robert McAlpine | – | 9,900 | 9,900 |
| London Marathon Charitable Trust | – | 20,000 | 20,000 |
| Groundwork - Walking and Cycling grants | – | 2,000 | 2,000 |
| Lord and Lady Lurgan Trust grant | – | 1,500 | 1,500 |
| People for Places | – | 1,000 | 1,000 |
| Radcliffe | – | 2,500 | 2,500 |
| Sport England | – | 7,700 | 7,700 |
| Sport Islington | – | 1,250 | 1,250 |
| 110,525 = |
109,875 = |
220,400 = |
13
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
| Unrestricted | Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2024 | ||||
| Prior year figures | £ | £ | £ | |||
| Donations | ||||||
| Waitrose | 963 | - | 963 | |||
| Sir Jules Thorn Charitable Trust | – | 2,500 | 2,500 | |||
| Unrestricted Fees | 111,958 | 111,958 | ||||
| Donations collected by tutors | 4,901 | 4,901 | ||||
| Trusts Donation | 17,566 | - | 17,032 | |||
| Grants | ||||||
| Whittington Hospital Charitable Fund | – | 12,518 | 12,518 | |||
| Peabody | – | 9,660 | 9,660 | |||
| LIF | – | 18,346 | 18,346 | |||
| Clarion | – | 37,997 | 37,997 | |||
| VCS | – | 15,000 | 15,000 | |||
| Charles S French Trust | – | 5,000 | 5,000 | |||
| Islington Giving Golden Grantmakers | grant | – | 7,675 | 7,675 | ||
| TFL + Mayor of London walking & Cycling grants | – | 2,988 | 2,988 | |||
| Derwent Community Tech Belt Fund | – | 4,620 | 4,620 | |||
| Robert McAlpine | – | 9,900 | 9,900 | |||
| National Lottery Awards for All | – | 9,950 | 9,950 | |||
| Catalyst | – | 1,500 | 1,500 | |||
| Parkinsons grant | – | 2,990 | 2,990 | |||
| WG Edwards | – | 1,000 | 1,000 | |||
| London Marathon Charitable Trust | – | 20,000 | 20,000 | |||
| Joan Trust | – | 2,900 | 2,900 | |||
| Cripplegate Making it Happen | – | 3,500 | 3,500 | |||
| Postcode Society Trust | – | 24,960 | 24,960 | |||
| 135,388 | 193,004 | 328,393 | ||||
| = | = | = | ||||
| 6. | Charitable activities | |||||
| Unrestricted | Total Funds | Unrestricted Total Funds |
||||
| Funds | 2025 | Funds | 2024 | |||
| £ | £ | £ | £ | |||
| Fees/Classes | – | – | – | – | ||
| = | ||||||
| = | = | = | ||||
| 6.1 | Other Income | |||||
| Unrestricted | Restricted | Total Funds | Total Funds | |||
| Funds | Funds | 2025 | 2024 | |||
| £ | £ | £ | £ | |||
| Bank Interest | 3,397 | – | 3,397 | 2,353 | ||
| = | = | = | = |
14
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
7. Costs of raising donations and legacies
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Fundraising costs | 4,365 = |
6,777 = |
11,141 = |
||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Fundraising costs | 1,892 = |
6,046 = |
7,938 = |
||
| 8. | Expenditure on charitable activities by | fund type | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2025 | |||
| £ | £ | £ | |||
| Principal activity-Staff Cost | – | 40,020 | 40,020 | ||
| Principal activity-Others | 81,755 | 93,364 | 175,119 | ||
| Support costs | 15,385 | 25,539 | 40,924 | ||
| - | - | ||||
| 97,140 = |
158,922 = |
256,063 = |
|||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2024 | |||
| £ | £ | £ | |||
| Principal activity-Staff Cost | – | 35,057 | 35,057 | ||
| Principal activity-Others | 98,737 | 104,874 | 203,611 | ||
| Support costs | 13,443 - |
20,091 - |
33,534 - |
||
| 112,181 = |
160,022 = |
272,203 = |
|||
| 9. | Expenditure on charitable activities by | activity type | |||
| Activities | |||||
| undertaken | Support | Total funds | Total fund | ||
| directly | costs | 2025 | 2024 | ||
| £ | £ | £ | £ | ||
| Principal activity-Staff Cost | 40,020 | 39,718 | 79,738 | 67,378 | |
| Principal activity-Others | 175,119 | – | 175,119 | 203,611 | |
| Governance costs | – | 1,202 | 1,202 | 1,213 | |
| - | - | - | - | ||
| 215,139 | 40,920 | 256,059 | 272,203 | ||
| = | = | = | = | ||
| 10. | Independent examination fees | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Fees payable to the independent examiner for: | |||||
| Independent examination of the financial statements | 1,202 | 1,213 | |||
| = | = |
15
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
11. Staff costs
The total staff costs and employee benefits for the reporting period are analysed as follows:
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Wages and salaries | 39,036 | 34,218 |
| Employer contributions to pension plans | 984 | 839 |
| Other employee benefits | 428 | 930 |
| ====== | ===== | |
| 40,447 | 35,987 |
The average head count of employees during the year was 1 full time and 4 part time (2024: 5), FTE 2.29 No employee received employee benefits of more than £60,000 during the year (2024: Nil).
12. Trustee remuneration and expenses
SORP 2015 requires the following statement to be made:
- no remuneration or other benefits from employment with the charity or a related entity were received by the trustees.
13. Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Trade debtors | 11,705 | 10,265 | |
| = | = | ||
| 14. | Creditors: amounts falling due within one year | ||
| 2025 | 2024 | ||
| £ | £ | ||
| Accruals and deferred income | 19,442 | 28,762 | |
| Social security and other taxes | 1,892 | 1,892 | |
| Other creditors | – | – | |
| - | - | ||
| 21,334 | 30,654 | ||
| = | = |
15. Pensions and other post-retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £984 (2024: £839).
16
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2025
16. Analysis of charitable funds
| Unrestricted funds | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| At 1 | April | Transfer | At 31 | March | |||||
| between | |||||||||
| 2024 | Income | **Expenditure ** | funds | 2025 | |||||
| Current year | £ | £ | £ | £ | £ | ||||
| Unrestricted fund - General funds | 70,748 = |
113,922 = |
(101,505) **= ** |
(17,000) | 66,164 = |
||||
| At | |||||||||
| At | Transfer | 31 March | |||||||
| between | |||||||||
| 1 April 2023 | Income | Expenditure | funds | 2024 | |||||
| Prior year | £ | £ | £ | £ | £ | ||||
| Unrestricted fund - General funds | 47,078 = |
137,742 = |
(114,072) = |
-- | 70,748 = |
||||
| Restricted funds | |||||||||
| At 1 April | Transfer | At 31 | March | ||||||
| between | 2025 | ||||||||
| 2024 | Income | Expenditure | Funds | ||||||
| £ | £ | £ | £ | £ | |||||
| Restricted Funds | 106,726 | 109,875 | (165,699) | -- | 50,903 | ||||
| Designated Project Funds | - | - | - | 17,000 | 17,000 | ||||
| 106,726 | 109,875 | (165,699) | 17,000 | 67,903 | |||||
| = | = | = | = | ||||||
| Transfer | At | ||||||||
| At | between | 31 March | |||||||
| 1 April 2023 | Income | Expenditure | funds | 2024 | |||||
| Prior year | £ | £ | £ | £ | £ | ||||
| Restricted Funds | 79,790 = |
193,004 = |
(166,068) = |
-- | 106,726 | = |
17
Healthy Generations Ltd
Company Limited by Guarantee
Year ended 31 March 2025
Management Information
The following pages do not form part of the financial statements.
18
Healthy Generations Ltd
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2025
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Income and endowments | ||||
| Donations and legacies | ||||
| Waitrose | – | 963 | ||
| Sir Jules Thorn Charitable Trust | 3,000 | 2,500 | ||
| Unrestricted Fees | 86,191 | 111,958 | ||
| Donations collected by Tutors | 7,559 | 4,901 | ||
| Trusts Donation | 16,775 | 17,566 | ||
| Housing 21 donation | 1,000 | |||
| Karma Electrical donation | 200 | |||
| ProCare Wetrooms donation | 313 | |||
| Whittington Hospital Charitable Fund | – | 12,518 | ||
| Charles Hayward Foundation | 5,000 | – | ||
| Peabody | – | 9,660 | ||
| Arnold Clark CF | 1,000 | – | ||
| LIF | 16,512 | 18,346 | ||
| Garfield Weston | 15,000 | – | ||
| Clarion | 12,000 | 37,997 | ||
| VCS | 10,000 | 15,000 | ||
| Charles S French Trust | 5,000 | |||
| Islington Giving Golden Grantmakers grant | 7,675 | |||
| TFL + Mayor of London walking and Cycling grants | 2,988 | |||
| Groundwork - Walking and Cycling grants | 2,000 | |||
| Derwent Community Tech Belt Fund | 4,620 | |||
| Robert McAlpine | 9,900 | 9,900 | ||
| Lord and Lady Lurgan Trust grant | 1,500 | |||
| People for Places | 1,000 | |||
| Radcliffe | 2,500 | |||
| National Lottery Awards for All | 9,950 | |||
| Postcode Society Trust | 24,960 | |||
| London Marathon Charitable Trust | 20,000 | 20,000 | ||
| Parkinsons grant | 2,990 | |||
| WG Edwards | 1,000 | |||
| Joan Trust | 2,900 | |||
| Cripplegate Making it Happen | 3,500 | |||
| Catalyst | 1,500 | |||
| Sports England | 7,700 | |||
| Sports Islington | 1,250 | |||
| 220,400 | 328,393 | |||
| - | - | |||
| Charitable activities | ||||
| Fees/Classes | – | – | ||
| Other Income | ||||
| Bank Interest | 3,397 | 2,353 | ||
| - | - | |||
| Total income | 223,797 | 330,746 | ||
| = | = |
19
Healthy Generations Ltd
Company Limited by Guarantee
Detailed Statement of Financial Activities (continued)
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Expenditure | ||
| Costs of raising donations and legacies | 11,141 | 7,938 |
| Purchases | ||
| - | - | |
| Expenditure on charitable activities | ||
| Wages and salaries | 39,036 | 34,218 |
| Pension costs | 984 | 839 |
| Other post-retirement benefits | – | |
| Rent | 2,737 | 2,619 |
| Printing, postage and stationery | 124 | 210 |
| Publicity | 2,418 | 4,738 |
| Insurance | 212 | |
| Motor vehicle expenses | 1,937 | 1,495 |
| Legal and professional fees | 14,270 | 3,443 |
| Telephone | 593 | 591 |
| Other office costs | 1,150 | 1,418 |
| Other interest payable and similar charges | 55 | 87 |
| Musicians and performers | 42,195 | 66,599 |
| Tutors fees and expenses | 131,289 | 134,660 |
| Volunteers expenses | 604 | 2,333 |
| Sessional Admin | 10,380 | 10,455 |
| Project Expenses | 3,360 | 800 |
| Social Media Manager | 3,467 | 3,536 |
| Social Activities | 3,000 | |
| Training | 432 | 930 |
| Music equipment and materials | 1,032 | 19 |
| - | - | |
| 256,063 | 272,202 | |
| - | - | |
| - | - | |
| Total expenditure | 267,200 | 280,140 |
| = | = | |
| - | - | |
| Net income | (43,407) | 50,606 |
| = | = |
20
Healthy Generations Ltd
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities
Year ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Costs of raising donations and legacies | ||
| Fundraising costs | ||
| Fundraising costs | 11,141 | 7,938 |
| - | - | |
| - | - | |
| Costs of raising donations and legacies | 11,141 | 7,938 |
| = | = | |
| Expenditure on charitable activities | ||
| Principal activity-Staff Cost | ||
| Activities undertaken directly | ||
| Sessional workers | 39,036 | 34,218 |
| Pension costs | 984 |
839 |
| - | - | |
| 40,020 | 35,057 | |
| - | - | |
| Support costs | ||
| Training | 432 | 930 |
| Rent & Venue/Room hire | 2,737 | 2,619 |
| Printing, postage and stationery | 124 | 210 |
| Publicity | 2,418 | 4,738 |
| Office equipment | 1,150 | 1,418 |
| Insurance | 212 | |
| Computer & Website expenses | – | |
| Travel | 1,937 | 1,495 |
| Consulting and professional fees | 13,068 | 2,230 |
| Telephone & Internet | 593 | 591 |
| Sessional Administration | 10,380 | 10,455 |
| Social Media Manager | 3,467 | 3,536 |
| Project Expenses | 3,360 | 800 |
| Social Activities | 3,000 | |
| Bank charges | 55 | 87 |
| - | - | |
| 39,721 | 32,321 | |
| - | - | |
| Principal activity-Others | ||
| Activities undertaken directly | ||
| Musicians/Performers | 42,195 | 66,599 |
| Music equipment and materials | 1,032 | 19 |
| Tutors fees and expenses | 131,289 | 134,660 |
| Volunteers expenses | 604 | 2,333 |
| 175,120 |
203,611 | |
| - | - | |
| Governance costs | ||
| Independent examination | 1,202 | 1,213 |
| - | - | |
| - | - | |
| Expenditure on charitable activities | 256,063 | 272,203 |
| = | = |
21