Charity number: 1130043
Company number.. 06406353
Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Trustees, report and fmancial statements
for the year ended 31st March 2025

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Contents
Pllge
Legal and administraiive infoi'mation
Twsiees, report
Independent examiners. report
Statemcnt of financial aciivilies
Balance sheei
Notes to the flliancial sialements
10-14

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Legal and administrative inforniation
Charity number
1130043
Company registration number 06406353
Business addrn￿g
Bells Gardens Conununity Centre
19 Buller Close
London SEI 5 6UJ
Registered office
Bells GaTdens Community Cenire
19 Buller Close
London SEI 5 6UJ
Trustees
Chris Meregini (Chair)
Althea Smith
Saidat Oketunde
Christina Meiibemu
Johnson Mccalthy
Mohatncd Dris
AL-is5a Munu
Jacqucline Gilmallin
En]Inanuel Ojomo
Kylc Simmons
Secretary
M Onwula
Accountants
Kleinman Graham
2nd Floor
Unicorn House
Siation Close
Potters Bar
Herifordshire EN6 ITL
Bankers
Lloyds TSB
25 Camberwell Green
London SE5 7AB
Page I

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Report of the trustees (incorporating the directors, report)
for the year ended 31st March 2025
Thc Irusiees present their report and ihe financial statemenis for the year ended 3 Isi March 2025. Tlie trustees, who are
also directors of SOUth￿rark Group Of Tenanis Organibation for the purposes of company law and who served during the
}'ear and up to the date of this report are Set out on page l.
Strncture? governance 2nd management
Southwark Group ot Tenants Organisation is governed by the T￿stetS Board whi¢h=
.Sels the policy of the chariiy
Determines corporate Sirategy, including setting key str2tegic objectives
Makes major decisions about the use of finance
Seis a framework for human resources policy
Objectfives and activities
The objeciive of the charity is to promoie the benefit of the couiicil tenants and re.8ideiits of Southwark by associating
togeiher local authorities. voluniary organisations and residents in a common effort 10 improve the qualiiy of housing for
Ihe council tenants aiid resideT]tb. We continue to proniote Ihe interests of (eJ]anis and residents associations ill the
Borough of Souihwark by providinir an engaging platform that enhances inforn]aiion sharing and besi praciice among
embers, by offering support. training. kulvice and resources for their benefits.
We proinoie the right of tenants inLluding those from minority ethnic groups to cxercise control over thcir housing and
environnicnt by inforniauon shaTing between ihe organisations and the local authority
We continue to work wilh ienants and residents from the rninority ethnic groups to extend their right to participate and
be consulted in the fonnulaiion of council policies on housing and aEso¢iaied issues and to be represented on all m&iter8
and policies that iTJvolve them and their homes, by offering traiiiing and providing infonnation through our regul<
newsletter and website.
Ive work Mpith tenanis to enhance their confidence and make thcm aware of the local au(hority consultation strnciure
and their right to participste in such slructure.
Our Resource Centre provides regular support with IT skills which allow members to plli back inlo their associations
which is helping to promote community activity and development.
We promote tbe harnlonious funciioning of a multicultural community and work iowardf the eliminalion of all forms
of racism and discrimination wiihin the community by providing adequate faciliiies and bespoke support to cater for all
.sections of the cortLmunity, and address the ￿aS wh¢TC communication brcdks down because of lanvudge barrier.s,
disAbiliiies and lack of understanding.
We have an input on policies in our role as the umbrella group Tepreseniiilg ienants and residents 3Ssociations
throughout the borough by providing a better Sta￿dard of relaying information back to ienants and residents on curreiii
hou8ing issues and by analysiiig present or proposed govcrnment and local authority housing policics and legislation
We paTtncrship wilh oiher organisations who share our objcciives. interests and a5piraiioiis by providing a neiworking
fonjm. inforniaiion service ￿11th regular monitoring and ei'aluaiion of our 5ervice5 to enable development llnd gro￿ in
the years to come. We dim to achiev¢ all the above so thaf lenanls dTrd residents. including those from the minoriiy
ethnic groups can have the infonnalion io help wilh iheir campaigns for better homes, 10 be Irailled to kno￿, th¢ local
3Uthority's con8uliaiioTh structure so ihat ihere is better tenanLN' participation which will alloMp represeniation of all
members of the comniunity to be iiivolved.
Page 2

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Report of the trnstees (incorporating the directors, report)
for the year ended 31st March 2025
Risk pnanageKIEiir
The major risks to which the charity is exposed have been identified and considered. They have been reviewed and
sy4ten]s established To mitigate thesc riskb. The most significan( risk identified, was the impact of deprecialing council
housing stock as illustrated in the cU￿en[ Housing Cornmitssion Report, which will reflect on funds available to ieiianis
and the inipact of recession on lei'els of income as well as the impacis of ihe present Welfare Reform. These factors have
been care￿IlY considered and are managed as follows:
The organisation 15 currently exploring other funding sireams to ¢any out specilic projects in addition to the funding
available through ihe tenants, fund. The fuiure plan is to find other tunding slrategies.
- Income and expendiwre 15 monitoyed in iol&l and is compared with ihe appToved plan to detect trends as pari of the risk
managen]ent process to avoid unfore8cen calls on reseriTes.
Achievements and performance
During the year, we coniinue to provide support to council tenants and residents associaiions in the Borough of
.Souihupark. We coT]tinue 10 provide seTh'ices to our members based on iheir individual requircmenls and support J]eeded
io ensure thai our colle￿1Ve objectives are achieved.
Trolpziitg
Our partnerships With other voluntary sectors have helped to develop and deliver free training in areas ol en]ploymeiit
and Capacity buildivjg for council tenants and residents.
Free eqiiipineiir hiye
As in previous yeaTS. we continue to provide thcse services free of charge 10 community organisations in the borough
wilh a vie￿￿ 10 purel￿se additional and update certain items.
Free account recoiicillalioii
We have helped many tenants associations with Ihe verification of iheir accounis free of charge and offered advice on
how to adopt good bookkeeping.
Siaff developrnEiII
Our prioriiy 15 to invest in iraining of all eTnployees in areas thal ￿,111 coniinue to enhallce (heir individual personal
development. This will lead to an increased level of staff morale.
Real lime siipporl
We continue to suppon ienants aT]d rc5idenis with housing rclated issues, su¢h as the bedroom tax throu￿1 our Campaign
Team and where we cannot help solve their problem, we have signposted io the relevant organisations who can assisl
them res011'e rhcir specifi¢ housing related issues.
Bells GardeiJs Coiiimmniry Cepiti-e
We took oiler the n]anagement in December 2011, and since then, we have tumed around the commuiiiiy centre to make
li accessible to the tenanls and residents within (he Community. We liave ini,es￿d in esseniial amenities such 3s. new
appliances aloTJg with a ne￿, filled kitclien, new tables and chairs for each hall, re-decoraied, and Cleaned regularly.
There is now a caretaker who ensllres ihat the standard is maintained. We have made Bells Gardens Community Cenire
a very attractiv¢ vcllue for community based projecis and popular for meetings.
Financial review
A Budget is set at the beginning of each financial year. taking into account known and anticipated funding. Monihly
reports of incoTne and cxpenditure dre prepared by the Senior Managcr and compared with rhe budgel. TFAese reports are
considered by the TNsrees at iheir regular monthly meetings.
Page 3

Southwark Grollp Of Tenants Organisation
(A company limited by guarantee)
Report of the trllstees (incorporating the directors, report)
for the year ended 31st March 2025
Toial income for the year amounted to £255.087 (2024= £277,794). This includes income from the tellant fund of
£228,000 (2024: £228,000) and incoine from Bells Gardeyjs Coi]unuJ]iiy Cenire £23.525 (2024: £21,570). Toial
expenditUTes (including deprecialion) was £28S.288 (2024 £259,510).
Reserve policy
The charity's policy regarding its reserve is 10 maintain liquid reserves equii'alent to at least 3 months. Our reseives
reflect noT onl}, tbe resources required ro fund the charity's day-to-day operation bui also io cover our plans for the
future.
Statement of trustees, responsibilities
The trusiees (who are also direciors of Southwark Group Of Tenants Organisalion for the puiyose of company law) are
responsible for preparing ihc Trusiees, Annual Reporr and the f￿ancIal s￿lementS in accordance ￿rith applicable law
and Uniied Kingdorn Generally Accepted Accounting Practice.
Company law requiles the irustees to prepare financial statements for each financial yeaT wliich give a lrne and fair view
of the slate of affairs of the chariuble company and of the incoming re%ources and applicalion of resources, including the
income 2nd expenditure. of the charitable company for ihai period. In preparing ihese fiiiaT]ci&l siatements, the trusiees
are required to:
sele¢i suitable accouy]ting policies and then apply them consistently.
observe the methodx and principl&g in the Charities SORP;
n￿ke.jUdgeMellls and estimaies that are reasonable and Prudent"
sthte whether applicable UK Accounting StaJJdards hai'e been followed, subjeci to any Inaterial departures disclosed
and explained in thc financial 8tatement.g- and
prepare the financial staiemenl5 on tlie going concetn basis unless li is inappropriate io presume that the charitable
company will continue in operation.
The tNsiees are respollsible for keeping propcr accountiiig records which disclose with reasonable a￿uracY ai an>, lime
the financial position of the charitable company and Th,hi¢h eiiable them to ensure that the financial statemeiits comply
wilh the Companies Act 2006. They are also responsible for safeguarding ihe assets of the chariiable company and hence
for taking reasonable step.s for ihe prevention and deiection of fraud and other irregularitie8.
Small company provisions
This report has been prepared in accordance wilh the special provisions for small companies Ullder Part )5 of the
Companies Act 2006.
Page 4

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Report of the trllstees (incorporating the directors, report)
for the year ended 31st March 2025
On behalf of the board
Chris Mer
Direclor
(c
28ih August 2025
Page 5

Soutl)wark Group Of Tenants Organisation
{A company Iln)fited by guarantee)
Independent examlner's report to the Irustees on the unaudited fingnL4al statements of
Soutliwark Group Of Tenants Oi"ganisatRon.
report oil the accounts of Souththwrk Group O( Tenan(s Orgaiiisation for th¢ ￿ar ended 31$L March 2025 set out c(
pages 2 to 14.
Rolpectlve responsibilitles of IrusIc￿ and ind¢pendent examiner
As th¢ Irutlees of ihe cornpany {and also its direeLors for the PDTposes of company law) you arc responsible for ihc
Preparatio￿ of thc financial slatemertts in ac¢ordall¢e with th¢ requirements of Ihe Cort]pinies Act 2006 ('Ih¢ 2006 Act,).
H&i'ing satisfied myself that the 4CCOllnts Df the company arc not requii'ed to bt auoiied Under P8rt 16 of the 2006 ALt
and ar¢ cligiblc for indepBndeni exaTnin*ion, I i'eport in respecl of Tny ex3TDinaiion of the ehariils aeeounts as callied
out under Section 145 of the Charities Aci 20DI ('the 2011 Act.). In carryills out my exami￿1[10￿ I bave follo￿Ed the
Di￿110￿8 Eiven by the Charity Cotnrnission under sectioi) 14515)(b) of thB 2011 Act.
Basls of IndePende￿t ex¥4miner's statwnent
My e%amirtadon was coryied out in accordance with th¢ General Direclions given by th¢ Chariiy CortUDi8sioll. An
examination includes a r6vi¢w of the 2ceounting record￿ ktpt by tl)c tharily aDd & coinparison of th¢ occount8 presented
with those Tecotds. It also includes considerdtiOD of aTby unusual i￿rnS or di5¢1osures in th¢ ac¢ounts, and seeking
explanBiions from you &s ttustres ¢oD¢¢riiiMg Any such nthit¢r$, The procEdllres undertaken do iioL provlde all th¢
8Yidence tha¢ wollld be required in an audit and cons¢quently J)0 opinion is givex as to Whet1￿ the accounts present 8
'trne and ftslf vi¢W ond the report is limited to t1￿5¢ maéter5 s¢1 out in the stfttement below.
Independent examlner's statement
I have ¢omplBteLI iny exarnin41tivn, T confirm rlial no matters hthve come to my attentiov in connection with lh¢
examinaiion giving me causslo bdieve..
a¢counting ie¢ords vicrc J)ot kcpi in rcspecl on the ch&rity as required by s￿10￿ 386 of ihe 2Q06 Act. c
to keep ￿0Ver a¢countin¥ recurd5 in accordAnce with section 386 of the Comp3nic$ Act 2006. And
the finau¢ial st&leTAents do not accord wifh those recoi'¢14' or
the financial statements do not comply wilh thc a¢￿ul]ting requirements of seciion.196 of (h¢ 2006 Act other
thali &ny reqnirthnent that accounf5 give A'we and fair, Iiiow which is not all]aUer CQDsid&Ed as patt of all
independent exAminaiioTh- or
Ihe finan¢i&l statements have iAOt been prepared in ￿e0rdance with the methods aDd princip)es of the
StatGm¢nt of Recotnmendcd Practic¢ for 2ceounting and reporting by chuities applicoble to ¢harities
preparxng their accounts in accordallcc with Pinallcial R¢portiug siandgrd applicable in thc UK Ind Republic
of lY¢land (FRS 102),
Mr Jason Bennett FCA
Independent ey8mlner
Kleinrnan Graham
Chartered A¢¢ountanis and R¢gisier¢d Audif¢)rs
2nd Floor, Unicom Hou
Slalion Close
Poltei's Bar EN6 ITL
Poge 6

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Statement of financial activities (incorporating the income and expenditure account)
For the year ended 31st March 2025
Unrestricted
runds
2025
Total
2024
Total
Note5
Inc(Nnlng resources
Incoming resources fron] generating funds:
Voluni8ry income
Acliviiies for generaling funds
Investment income
Other incoming resources
228,(M)O
23,525
2,693
869
228.000
23.525
2.693
869
252,000
21,570
2,050
2,174
Total incoming resources
255,087
255,087
277,794
Resources expended
Cosis of generating funds..
Cost of generating voluntary income
Governance costs
282.418
2.870
282,418
2,870
249.903
2,607
Total resources expended
285.288
285,288
252,510
Nel incomingl(outgoing) resources for the year I
Net incomel(eXpendi￿re) for the year
(30,201) {30.201)
25,284
Total funds brought forward
222,618
222,618
197.334
Total funds carried forward
192.417
19?,417
2?2.618
The notes on pag&$ 10 to 14 forni an Integral part of these financial statements.
Page 7

.Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Balance sheet
as at 31st March 2025
Company number: 06406353
2025
2024
Notes
Fixed Assets
Tangible assets
Debtors
Cash at bank and in hand
Creditors: amounts falling
dlle withiD one year
12
13
2.614
3.485
90
214.786
90
230,070
14
{25,0741
(11.028)
Net current assets
189,802
219,132
Net assets
192,417
222,618
Funds
Unrestricied income funds
192,417
222,618
Total funds
192,417
222,618
The Balance Sheet conlinues on the following page.
The notes on p8ge5 10 to 14 lorm an integral p2rt of these financial stgtements.
Page 8

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Balance sheet {continlled)
Trustees statements required by the Companies Act 2006
for the year ended 31st March 2025
In approving these finallcial stateinenl8 as trustees of the company we hereby confinn..
{a) that for ihe year slaied above the company was entitled to the exemption conferred bv section 477 of the Companies
Act 2006 .
Ib) that no notice has been deposited at the registered office of the company pursuant to section 476 of the Companies
Act 2rA)6 requesting rhat an audit be conducted for rhe year ended 3 Isi March 2025.
(c) Ihat we acknowledge our responsibilities for=
(l) ensuring thai the company keeps proper accounting records which compl). with seciion 386 of the Compai)ie5 Act
2006, and
(2) preparing financial staternenrs which give a trne and fair view of the state of affairs of the company as at ihe end of
the financi21 year and of its profil or loss for the year then ended in accordance ￿ryth the requireinenis of sections 394 and
395, and ivhich oiheTwise comply with ihe provisions of the Companies Aci relatiiig to financial statements, so far as
applicable to Ihe company.
These financial staiemenis are prepaTed in accordance with the special provisions of Part 15 of the Companies Act 2006
relating to small companies and in accordance with the Financial Reporting Srandard for Smaller Entities {effeclive April
2008).
The financial staiements were approved by rhe irusiees on 28th August 2025 and signed on its behalf by
Chris Mer
Director
(Ch
The notes on pages 10 to 14 fonn an integral part of these finan(Yal statements.
Page 9

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Notes to financial statements
for the year ended 31st March 2025
Accounting policies
The principal accounting policies al'e summarised below. The accounting policies have been applied consistenily
tFkroughout rhe year and The preceding year.
1.1. Statement of compliAnce
The finallcial statements have been prep&red in compliance with FRS 102. The Financial Reporting StandaTd
applicablc in rhe UK and Republic of IrelaT]d', The Saiement of Recommended Practice applicable to charities
Preparing their accounis in accord3n¢e with the Financial Reporting Standard appli¢able in the UK and Republic
of Ire1￿]d (FRS 102) (Charities SORP {FR.S 102)) and rhe Companie5 Act 2006.
12. Incoming resources
All incoming resources are included in ihe si&tement of financial activities wlien ihe charity is entitled io the
income and (he amount can be qualltified with reasonable accuracy. The following specific policies are applied io
particular caiegories of income=
Voluntary income is received by way of granis, donations and gifrs and is included in full in ihe biatement of
financial a¢iivities when receivable. Grants where entitlement is llot condilional on the delivery of a spccific
performance by the vharity, are recognised when th¢ charity becomes unconditionally entitled to the grani.
Donated sczvices and facilities are uicludcd Ai the value to the cliarity where Ihis can be quaniified. The value of
services provided b)f volunteers has not been included.
Gifts donated for resale are included as incoming resources within activities for generating funds when they are
sold.
Gr￿lis, including grants for ihe puwhase of fixed asse￿. are recogniscd in full in the staten]eni of financial
aciivitie5 in the year in which ihey are receivable.
Income from iiivesimenis is included in the year in which it IS Teceivable.
1.3. Resources expended
Expenditure is recognised on an accrual basis as a liabiliiy is incurred. Expcnditure includes any VAT which
cannoi be fully recovered. and is repolled as pait of the expendicure lo which it relates.
Costs of generating fiinds comprise the costs associated ￿11th aitracting voluniary income and the cosis of trading
for fundraising purposes including the charity's tshop.
Charitabl¢ expenditure comprises those ¢osTs incU￿Sd by the charity in the delivery of ITS activitics and services
for its beneficiaries. It includes boih costs that can be allocated directly to such activities and those costs of an
indirecl nalure necessary to support them.
Support costs are those cosis incutyed directly in Support of expenditure on thc objects of the charity and include
project managen]enl.
1.4. Tangible fixed assets and depreciation
Tangible fixed assets are slated at cost les5 accumulated depreciation. Depreciaiion is provided at rates calculated
to write off the cost less residual Value of each assei over lis expected useful life. as follows..
Fixtureb, fitlings and equipment
25Yo Reducing balance
Page 10

Southm'ark Group Of Tenants Organisation
(A company limited by guarantee)
Notes to financial statements
for the year ended 31st March 2025
Voluntary income
Unrestricted
n(Ls
2025
Tolal
2024
Total
Grants receivable
228.000
228,000
252.000
228.000
228,000
252.000
Activities for generating funds
Unrestricted
funds
2025
Total
2024
Total
Bells Gardens Hall Hire
23.525
23,525
21,570
23,525
23,525
21,570
Investment income
Unrestricted
runds
2025
Total
2024
Total
Bank inieresi receivable
2.693
2,693
2,050
2.693
2,693
2,050
Other incoming resources
Unrestrltted
funds
2025
Total
2024
Total
Other income
869
869
2,174
869
869
2,174
Cost of generating I'oluntary income
Unrestricted
funds
2025
Tolal
2024
Tolal
Activit), 6
Supporl costs
7,311
275,107
7,311
275.107
249,903
282,418
282,418
249.903
Page 11

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Notes to financial statements
for the year ended 31st March 2025
Governance costs
Unrestricted
fvnds
2025
Total
2024
Total
Accountancy fees
Legal and professional fees
Bank charges
2,064
746
60
2,064
746
60
2.094
396
117
2.870
2,870
2,607
Analysis of support costs
Cosl of
generating
voluntary Governance
income
2025
Tolal
2024
Total
Pur¢hases
Staff costs
Premises expenses
Moior and trai'elling cosis
Accountancy charges
t£gal and professional fees
Communication and infonijation technology
Oiher office expenses
Inierest Payable and 5imilaT charges
Deprecialion arhd impainncnt
Advertising
Conferences and training
245,321
4,561
225
245,321
4,561
225
2,064
4,079
3,382
15,857
212,064
2,166
150
2.094
396
3,390
25.569
117
.161
2.518
1.734
2,064
746
3,333
3.382
15.857
60
871
871
1,557
1,557
275,107
2.870
277.977
252.510
Net (outgoingifmcoming resources for the year
2025
2024
Nel (outgoing}/illcoming resources is stated after charging..
Deprecialion and other amounts wriiten off tangible fixed assets
871
1,161
Page 12

Southwark Group Of Tenants Organisation
{A company limited by guarantee)
Notes to financial statements
for the year ended 31st March 2025
io.
Employees
Employment costs
2025
2024
Wages and salaries
Social security costs
Other post retiremeni benefils
223,581
21,740
184,304
16,857
10,903
245.321
212,064
No einployee received emoluments of morc than £60,000 (2024 . None).
Number of employees
The average monihly numbers of employees (including the Irusiees) during ihe year, Ca1￿lated on the basis of
rull time equii'alenls, was as follows..
2025
2024
Nun)ber
Number
ii.
Taxation
The charity's aclivitics fall wiihin the exetT)plions &fforded by the proirysiolls of the Income and Cory)oraiion
Taxes Aci 1988. Accordingly, there is no taxation cli&rge in the.8e accounts.
F￿tllre
rit11￿gS and
equipment
12.
Tangihle fixed assets
Total
Cost
At I si April 2024 and
At 31st March 2025
20,408
20,408
Depreciation
At I si April 2024
Charge for the year
16,923
871
16.923
871
At 31st March 2025
17,794
17,794
Net book values
At 3 1st March 2025
2,614
2,614
At 31 si March 2024
3,485
3.485
Page 13

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Notes to financial statements
for the year ended 31st March 2025
13.
Debtors
2025
2024
Trade debtors
90
90
14.
Creditor5: amounts fAlling due
within one year
20Z5
2024
Other taxes and social security
Accrua15 and deferred income
20,873
4,201
6.827
4.201
25,074
11.028
15.
Company limited by guarantee
Southwark Group or Tenanis Organisation is a company limited by guarantee and accordillgly does not have a
share capital.
Every member of thc company undertakes to contribuie such #mounT as may be requircd not exceeding £1 to the
assets of the chaiilable company in the event of its being wound up while he or she is a member, or within one
year after he or shc ccases io be a member.
Page 14

Southm'ark Group Of Tenants Organisation
(A company limited by gllarantee)
The following pages do not forn) part of the statutory accounts.

Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Detailed statement of financial activities
For the year ended 31st March 2025
2025
2024
Incoming resollrces
Incoming resources from generating funds:
Volu?Ilaiv iiicome
Grants receivable
228.000
252,000
228,000
252,000
Acliviliesfor geiierotingfiinds
Bells Gardens Hall Hire
23,525
21,570
21,525
21.570
Invesiinenf incon?E
Bdnk inleresl receivablc
2,693
2,050
2,693
2,050
Total incoming resources from generaling funds
254.218
275,620
Other incoming resour￿%
Other income
869
2,174
869
2,174
Tolal incoming resources
255,087
277.794
Resources expended
Costs of generAting fllnds:
Activity 6
Aclivlty 6 - Establishment - Ralcs & water
7,311
7.311
Si£ppori costs
Community fridge purchases
Wages & salaries
Employer's NIC
Staff pension costs
Premises, cleaning. upkeep, repairs and insurance
Travel. subsistence aJ]d childcare
Funding application cost
Computer expenses
Telephone. printing, posiage and stationeiy
Depreciation & inipaimenl
Event costs
Confercnces and (raining
1,151
184,304
16,857
10,903
2,166
150
223,581
21,740
4,561
225
3,333
3,382
15,857
871
3,390
25.569
1.161
2,518
1,734
1.557
275,107
249,903
Total cost of generating voluntary income
282.418
249,903
Page 16

Sollthwark Grollp Of Tenants Organisation
(A company limited by guarantee)
Detailed statement of financial activities
For the year ended 31st March 2025
Fundraising trading:
cost of goods sold and other costs
Tolal costs of generating fllnds
282,418
249,903
Page 17

.Southwark Group Of Tenants Organisation
(A company limited by guarantee)
Detailed statement of financial activities
For the year ended 31st March 2025
2025
2024
Charitable activities
GoTr'ernance costs
Suppoi-l cosfs
Accountancy fees
Legal and professional fees
Bank chargcs
2,064
746
60
2,094
396
117
2.870
2,607
Tolal governance costs
2,870
2.607
Net inconiingl(outgoing) resources for the year
(30,201)
25,284
Page 18