I'yi F B A": Waltham Forest Blind Association FINANCIAL STATEMENTS FOR THE YEAR ENDED 315T MARCH 2025 Unit 801, Midland Business Centre 679 Hi8h Road Leyton London EIO 6RA Tel: 0208556 0355 E-mail.. w blindassociation 00 lemail.com Web."www.wf-ba.com Registsred Charity No. 1130235 Walc- CITY AWAROS FOR ALL Contents Page l. Waltham Forest Blind Association....................................-........................................................... 2. Reference and Administration................-.............. . 3. Chair's Report...........................................-..--......--..-............-........................................................ 4. Treasurerfs Report......... ..-........................................--......---......................................................... 5.Structure, Governance and Management .. 6. Activities & Services Offered............................................................................................................................ 7. Financial Support and Funding during the year.......................................................................................... 8. Activities for the year 2023-2024.........................................._--.-............._.-........................-............................ 9. Achievements for the year 2023-2024................................................. . 10. Future. Vision and Activities................................................-.....-..................................................................... 11. Risk Mandgement........................................................................................................................ 13. Funds and Reserves..................................................-................. 14. Trustee's Responsibilities in relation to the Financial Statements..................................................... io 15. Independent Examinerfs Report.............................................................................................................11 16. Income & Expenditure Account....-...............................................................-..................................12 17. Balance Sheet ................................................-. .13 18. Notes to the Accounts....................--..---......-..................................................--....................... ..14_17 lof17 on Mission To improve the quality of life for Blind and visually impai￿d people in Waltham Forest. Vision To promote equality, access and independence through infomiation. awareness of Blind Culture, advocacy. befriending, social groups. leisure activities and training services. Minimises physical risks and dangers, Encourages social interaction. recreational and work settings Developing latent talents Promoting intellectual, physical and emotional expression. It encourages blind and partially sighted person to become personally as independent as possible, helping providing the vital communication link to the individual by sharing and acting as their 'eyes Objectives Tho objective of which are to relieve the needs of the partially blind and blind sighted people who are residents in London Borough of Waltham Forest and neighbourhood boroughs through provision of: Drop In centre activities to alleviate loneliness, sharing knowledge and interacling with others and learning new skills as part of living a normal life like other people. Weekly talking newspapers and information on audio tapes. Outings to various places of interest to relieve isolation and bring happiness. Advice and case work services at the WFBA office and Out Reach. Training in mobility and providing music and bringing speakers to talk to the blind people on issues of blindness, Blindness awareness through advice and group discussions on blindness awareness at the centre and sharing blind experience. Volunteering & befriending relieving isolation. Increased knowledge of Information Technology/Computers through computer training 2of17 I. REFERENCE AND ADMIMISTRATION INFORMATION FOR THE YEAR ENDED 31ST MARCH 2025 The management committee members who served during the year were as follows: Administrative Structure Mr Tariq Hussain Mrs Asma Mushtaq Mrs Naseem YAQUB Mr Vijay Parekh Mr Andreas Georgiou Mr Gary Wiggins Mr Javed Patel 2025) Chair Secretary Treasure Vice Chair Committee. Member Committee. Member Committee Member(joined 311101204,left June REGISTFRFD OFFICE Unit 801. Mainyard Studios, 679 High Road. Leyton Lorfrdon EIO 6RA [BANKERS Barclay Bank PIC Walthamstow. Hoe Street. London E17 Unity Trust Bank Plc. Nine Beindle Place Birrningham. BI 2HB INDEPENDENTEXAMINER Sidney H Milambo ACMA BACC, 25 Watershipdown House, Cambridge Park Road, London El12PY 3of17 Intr(xlui*on I Vrt￿ld like to begin by expressing my sir￿re gratitude to all memlHs for yt)ur unWaV￿7ng support throughout the past year. It has LEen an honour to serbE as ycxjr Chair. and l am (x)mmitted to upholding Ihe trust you have placed in me to ensure Ihis has LEen a prcKludive and FX)sibve period for Ihe Waltham F(xest Blind Assoc4ation. (Xjr senfjces play a vital in Supp￿ting bfirKI and partially sighted indiifjcluals, helping to redu isolab'on and promote Independen￿ at home. We offer dcx)r4oth)ra&s1stan￿, telephone suprjrt and video calls via ZcK)m, ensuring help Is available knverit is need￿. We Cdalx￿￿e other organisalions on joirrt projects and make referrals additi(￿al suppcrt is required. TfrE Trustees ￿ CA)nfi(lent that a rd)ust crfjJ)rate gONernan￿ framewoth is in pl￿. l am to confirm that fhe (thaity's govemarKE arrarwJements a wde range of regulatory requirements. As part ofoUrgoveman￿ 5truclure. Ihe AS$(￿lation maintains a)mr￿enSive policies and procedures that enable eff8dpde iisk management arKI provide assuran￿ regardiro Ihe adequacy and effetheness of our intemal controls. Elhi(3 arKJ Q¥wtate ReS￿sibl1ty Wsltham Forest BlirKI AwJiali(M's reputation for frw, utyiity, arKI eth￿1 prac￿ is one ofour greatest assets and keyto our(x)ntinued SLhxess. We are (xxnmtsd to legal comtAlan￿ and operating to the highast standards of int8giity. 80th as an organisaticll indmduals, IIE Slnve to foster patherships Ihat IXOlTK)te ￿ined gJJncMrnand s(xial pn)gress. The ongoirKJ sup￿t0f￿r memkH5 is instrumental in diilfjng the succ£ss ofourlocal cAryrate reswnsibiltylnilialiv￿ within the (x)rnmunitses we sfft. We remain deeply cxynmitted to promoti￿ Ch￿rsty, fotsiru IrKligenous parficipallon, advancing hurrran lights, and supwrting initiatives thatwu)urage gerthr equalty. Condusion I woukj like to extend my Sin￿[2 thanks to ManaJement Committee, ourdecti(zt￿l staff, and our invaluable volunteeFS. Most imFX)rtanty, l trH)k ￿JrmEy￿bers, whose resi11￿￿ and ￿x)￿tion habE b￿n vital throughout Ihis F￿(X1. Significant prwess has been made bythe Assocaati(n. arKI I would akn fike to take this opp)rhJntyto thank ourfurKlers and sUpp￿rS fortheirorEt)ing 0]n￿1trn￿t I Icx)k fmrd to cu*inuing thisiourney togelher as we ￿)Ik toward a Sha￿ kn. Tariq Hussain. ChaIrpe￿On 4of17 REPORTFROM THE TREASURER The statements (x)verthe pericKI 1StApil 2024 to the 31 Marth 2025. The a(￿￿IntS show a defi(it forthe financaal yearof £881. Forthe year underreview. Ihe AsSc￿la110n'S finar￿jaI perfOnman￿ was". I[￿me £55,760; Expendilure £56,641 ex(E&s Ofexp￿i￿re over inc£)me £881 and the reserves £16.773, made of UnrestiNXed £5.595: Resth"(Xed £11,178. The As￿lationS reserves are slill ligh erKKJgh to suptth investrnents fcrts QHrent year. The AsS￿latiOn will (x)ntinue to genwate and manage resour￿ effi(ienty, investing n reserves and diverstyng i& revenue streaffts in al￿rdan￿ wth its goals, accx)rding to Ihe Management Committee's Strategic Plan, Mthich Kras imple￿Ent￿ wth inwt frcffl staff and adknim. We are grateful to trE following funders th) suptxjtsl us during hard time of to achieve Ihe charities aims and objecbves In delibEritKJ Ihe Supp￿ to the wlnetable oldervisually impatred people enaE4ing Ihem to live irKlependenty and tEtterhealth (xrt(xrn. SWLS Engknd City B17dge Fourxjabon . City of L(x NaI￿al Lottery-A4A Lloyds FoutxI8 Regardless ofthe diffi(xlbes that lie ahe￿1. we must mantan (xjrfcw. We will support blind and partiallysghted itKlividuas ttywh all of Ihe thanenges Ihat lie ahead. La.sty, I want to express my gratitude to everyone WIKI volunteers to help the Asgxiabon. You cx)ntiibute to the finan(ial health of Ihe Ass(xiation and keep Waltham Forest Blind ASS[￿[all0n ￿nnIng - witryxrt you, trie A55Lxiation's ([￿ts w)uld sh3nfficanty incxease. Additionalty, I want to thark the ManagerrEnt C(Thmrttee orKE more fortheirdedi(21ion arKI ha￿1 wo￿, which helFEd b maintain (x)ntinuty during a tyng and (*￿IlengIr￿ p￿10d. Na￿M Yaqub WFBA Treasurer 5of17 12. REPOR T OF TRUSTEES I. INTRODUCTION The I￿SteeS pres￿rt finan(2a statements of ts dEtity tr the year 31st March 2025 The financial statements have IEen tyepared in a]X)rdan￿ Koth trE acxxiunling txJi(ies set (xrt on pages 14 and CC¥n￿ Imth the d￿rit/s and appl￿e law. In May 2005 Ihe of the A￿0￿￿￿ chan￿1 from WalttHn Forest Blind Asians AsscKiation anged to Waltrwn Forest Bli￿1 AssoLialion to provKle serrf1￿ for all blind pwe liviru in Waltham Forest 2. Structure. Governance and Management Governing Document The Assoc4ation is a th￿itab￿ cKganisakn forrn￿ Ri June 1991 and is govern￿ byits o)nstitution whith established the 0￿edS and of the tharity dat￿ 12th A￿11 2005, and as amended on 3rd June 2009. It was registe￿ as a charity (￿ 19￿ June 2(X)9. Membership-FuN membership of the Associalion is aval￿b￿ to ai registered blitKI and partially sighted eople resident in Waltham Forestand am I1x￿ th) ey4Yess interestand sJrnpathi* vmth, the aims arKI 0￿ectiveS of the Assocxatbm. The Q)mnittee reseNes the ruht to temiinate Ihe membership of any mernF￿r oftheAsso(iation Only ftjll mernbers are eluible to vote at the Annual Generdl m*trng IK Ihe Emergency Gener31 meetiru, Asscxiate arc (￿lY d￿l￿Ae to vote as part of the ojmmrtt meetings The Policy and general management: ￿cY and generdl Management of the affairs of the ASs(xJStic￿ is directed bythe Exeojtive Committee on IEhaltoflhe trErnbe￿. Tr ￿mMrttee m￿ts not less than four t'm&8 per w. and when cx)mplete C(￿SISt of ￿t less than four memlws and not mcKe than seven tTEmbers. Full ￿EMtErS shall make up mre than 50 % of fhe (x)mmittee at any time. There shall be at least I￿) women trEmb￿s on Ihe (L)mmittee at any one lime, one ofthm shall be a representative of the ￿￿men'S group (as atKI th fomEd) The rneMb￿ ofthe Cornitt￿ are e￿ at Ihe AG.M. ofthe As&xiation and are eluible to stand for the re-ele(*on. Ac(wts'ng the F>ra8ident and ComrTMttee members shall hokj Offi￿ uiitil Ihe [￿lple1￿m of the nextA.G.M., cwbyretTK)valdl&ated tyResolutK)n passed bythe Memb￿SaIthe￿G.m. (xthe E.G.M., on a MaJ￿ity vote Of￿ thirds ofthe rne￿￿ yesent and vob'ng Nominatlons of the Committee members: All members of the Association are eligible to serve on the Committ￿. Nomnatjons for Ihe committ￿ (xn be in ￿[lIng ￿ made (xally in Ihe AG.M., these can tE prows￿ by the of Asscxiati(xi or self-ncxninated. Suth nominatKJns to be Se(￿ded and ap￿￿ed at the AG.M. methtu Apwinbnent is on Ihe basis crf te(Ewed frorn memLw ct)ncEmirKJ eligibilty, peTr)nal 0)mpeten￿, specialist skills arKI kKxI availaknlty Induction and Training of Trustees-Trustees are inducted through training days and through infonnal and forn￿ meetings wlh establish￿ outw'ng buste&8 arKI we provided wih an indudion pad( and otrEr relevant materials to fami1rari￿ th￿selveS wth the d￿ri￿S 0￿rat￿￿s. 6of17 3. Activities & Services Offered. 0 1: Drop In Centre (everyTuesday1pm till 4pm) R￿reatiC￿l Physical Health Acbvitses ial and Get Together Adrvities Discussior Feslival Celebratic Speakers Talk On Health ArKI BSrKInessA￿areneSs 0 2: Advice and information Infomiation On Rdated Health AJKI State Beneffts Fm FillwYJ Health Awareness worffsh0p￿senrynar Grant appli(3ti(ms 0 3: Training ComputerllCT Traini Job Search CV Wiiting rthbilty / 4: Leisure And Culture Excursion Musical Events d 5: Befriending Service 6: Volunteering ArKI Out ReaGh 7: Women Group rf 8: Bts"nd Ciicketfor beginn￿3 (everywednesday 11am to 1230) 14. Financial SU￿￿ort aiid Fundin￿dUrIn ._￿theyear In ordcrto keep ourselvesg)ing and to all(xN us grow. we need as muth supwrtasvdE (3n get. This extra financial help will alkw us to provide healthy and Iwpier lives for OE partially blirKI and blind for fr￿ or at a suEEidized, affordable price as as aid us in deVel0F￿ Ihe A88(x#ation fijther to inGreasiThJ blind people's irKlepend&tt Imng and fulmlng theirp[Aa￿￿. The thaiity recEived supwxtfrom Ihe followirKJ ￿nd￿5. Siiyts England Cty Bridge FoundaicTr Cityof LorKk)n National Lottery -A4A LI0￿S Foundation 15. Activlties for the What we provided: / Physica FitrEss acbvibes=39 se&gcr O MenÈl and phyy'caly IEalth =7 sessions O Raffle- 40 days O EatiWo(ialtsing outs 4 Outingts(xKsions=1 O Case￿-32 rf Form Fillwig-15 ear 2024-2025 7of17 Beneffts-20 O Grant Funding Supwrt-12 O Housing=10 More than 50 memb￿5 were ￿p￿￿)rted in the (￿lMunty. A key element ofsLPPOrtwas arou￿ mental health and wellbeing and reduarg is0Lgtic￿. This was being ddivered thr(xuh group meetings. Emerging Need WFBA has (￿ntinUOus￿￿￿￿ked wilh cx)mmunibes it supiJ)rts a(xo&s Waltham ForesL This has enabled it to lick up on respond to emergiru health and wellbeffu needs of the visually impaired people. The key ar&% of rEed greatersIgnifi(2n￿ are: mental heafth induding an￿etyar￿1 km nKtxJ scxial isolalion and loneliness suppjrt ￿th using duital heath and c3re sepli Insights into how heath army ￿e11t￿nig needs are lieing met in an equttatle way It T￿ining restarted. Mental and physical health. 6. Achievements for the ear 2024-2025 Independent living and trdining Mobillty tiaining: Mobilty arKJ life skills to aV￿d ISJIati￿ iMp￿)ve ￿KIe[Emen￿. It impThaY thersafetyand (x1nfKlen￿ and affected Iheirfreedom ofmovemenL Itnproved ￿-este￿n. less ￿121 isolation, and deUea￿ anxietywete all eff￿ i*mobilty trainiThJ. Digital Access for All.. Assisbve tethnologytraining bEarth suw(xted Use￿ to acxxs counsellirYJ and teth literacy. Significant (*￿ng0S from a state of dependency to (Me of sdf-reIian￿. enhancth Smxxal (xyinection and Costof Lmng: Eaty intervention trainirKJ provided to prevent ￿ls1S. Training tYcmoW indep8nderKt and ing strategies for fvndrdisiro. 112. Going Concern Management has detennined tha there is no mataia uncHtsintylhat (2sts doubt on the entity/s abiltyto cx)ntinue as a gory (x)rKEm. Trustee's Responsibilities in relation to the Financial Statements Lav applicable to tharthos in England arKI Wales requires Ihe bustees to prepare finaniial statement for eath financial y￿ar whith give a bije ￿ fair view of Ihe state of affai￿ of the chaiity for the period. In prepartng tI￿e finanaal statern￿. the I￿SteeS ¥e to: se1t￿t suitable a(xx)unllng wtcies and trEn aFVythem ￿ng{stenty Makejud3ment and estimates Ihat are tea50r￿l￿e arKJ ￿￿entr. State knther applicable acajunting standards arKI Ststwnetrt of Rel])mMend￿ Prac1]￿ have b￿n follcffiNed, subject to any material departurcs disdosed arKI explained in the fin￿cIal statement arKI: Pre￿re Ihe finarKaal statements on a goirg concem basis. The bustees ate resFx)rLsible for k￿pIng proper acu)unting rec£)rds, whith d1sdc￿e reasonat a(xJrncy at any time the finanaal posilion of Ihe chdrity and enable trEm to ensure that the financial statements ￿)mplY with applicable law. They are resp(￿sIble for safeguarding the assets of the tharity and hen￿ for taking reasonal￿e steps f(￿ the pre￿lic￿ arKI deteclK)n of fraud and other irregularities. Signed behalf of TnJst9es by. * 4H64ty/1 Tariq Hussain........--.....-..........................- Chairman ..Dated." DL6 IOof17 Independent Examiner's Report Independent Examiner's Report to the trustees of Waltham Forest Blind Association (WFBA) I rekK¥t on the aonjnts ofthe chaiity forthe year end&J 31st ￿25. set OLrt cn pages 12 to17. 7e>pective responsibilities of trustees and examiner c tharws trustees are resFX)nsible fcythe prEparalion oftFE The tharivs trust￿ cx)nsider tr)at an aud￿ Is not requir&Y thts year U￿lers￿l￿ 144(2) ofthe Charib&s Act 2011 (the 2011 Acl) or Und￿ R￿ulats?n 10(1Xa) to (c) of the CJBribes AccrNJnts (SoknrKI) R￿ulatIonS 20C%S Regutations) and that an i•nt exami￿￿ is TrE c*aiity is prepaiing acxyued 2cmunts aThd l qUcifffBJ to urMa￿take eXamInatK￿ by being a qL&91ffi&I memtEr of [naFTrJ lJ)dy]. It is my resForEibilty to." examirE ts ao))unts uryJer*ion 145 ofttE Chantses 2011 and urKJer Secti￿ 44(1Xc) ofthe Chartbes and Trustee Iiivestrnent (ScotsrKJ) Act XQ5 (ttE 2(K)5 Acl) to f01b￿￿Tr tKcrwJures laKI dcwn in thc g￿r￿ D1￿Ctior6 gtven by Ihe Charity Cc¥nmtssion urxler ion 14g5Xb) of the 2011 Act . to state ￿ partKJJ* rykqtters have Ixxne to my att￿rtIC Basis of independent examiner's report IAY examination was t2￿[&1 (xrt in aOX)rda￿ with gwal DI￿10nS grven by the Chatity Commi&st( d is ill dG(X)rdan￿ wth Regulabcfi 11 of the chalitt￿ AAThJnts (&x)darMJ) Regulati(xE 2Th. An iriatinn indudes a revraw ofthe aLxrxJnting recDrds kept by ihe tharty and a cx)mparEon of ttE aJJ)un"s presented wth tho* re(xrds. It ak) incknles c£MsKleratrn ofany unusual ttems or disdosures in Ihe ac£aJunts, and sed(ry exFlanatuE frun you as bustees o)ncemiThJ any suth matte[5. The prc￿XIureS U[KI￿ken do not FNr)Mde all the ev1dW￿ that wryjkl r4illr￿j in an audit cxJtwuty no opinion is given as b whettErthe a)xunts pres￿ a arKI and IEF(Yt is Imtted to trK6e matter5 ￿t out in trte next statement Independent examiner's statement In conn￿*￿￿ my exgmlnatK￿, no mth IES Im to my att￿￿￿¥1. (1) whith gives ￿ rea&JE￿e (2U* to tElieve UEt in any nEterial resKEd the r4uirements: to keep a(r£unting recotds in a0]Ydan￿ 130 ofthe 2J11 Ao* and sectron 44(1Xa) of the2005Actand Regu￿*￿￿ 4ofthe 2C06PdXtkJnts R•nsand . to prepa￿ a{x￿r￿S wtth the aCt￿nt[ng r￿)rdS arKJ Ixxnplywith the aox)unting requIrem￿S ofthe 2011 Ad and ￿tion 44(1Xb) ofthe ZK15 Acl and R￿Ula￿l 8 ofthe 2o06A(X￿JntS Re3ulati￿S have rTr)t met or {2) to ￿lCh. in my opinion, alterikn sFvJJkl ￿ drawn in (xderto erngtk a urKJthdiro Of the a(xx)unts to be readE ne Milambo ACMA BACC, 25 Watershipdown House, Cambridge Paffrf Road, London E112PY Date.. Ilof17 WFBA ACCOUNTS 2025 WAL THAM FOREST BLIND ASSOCIA nON (WFBAJ STA TEMENT OF FINANCIAL A CTIVITIES (INCOME AND EXPENDITURE) ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2025 Un Restricted Restricted Funds Funds Total 2024/25 Total 2023/24 INCOMING RECEIPTS Incoming Receipts Fmm Generated Funds - Voluntary Income - Activities For Generating Funds Notes 53,948 53.948 74,217 Chantable Activities -OtherActivity Income Banklnterest 1,812 227 430 97 T4.965 1,812 1.812 53,948 55.760 Chantable Payments -R8crgation Programme6 56,091 56,091 67,732 Governan￿ Coslb 550 550 550 550 56,091 56. (>41 68,282 Surplus /(Deficit) for tho Year 1.262 (2. 143) (881) 6.683 Transfer Between Reserves Net Fund Movement 1,262 (2, 143) (881) 6,683 Funds Brought Forward 1/4/2024 4,333 13,321 17,654 10.972 Fund Balances Carried Forward 30/3r2025 5.595 11,178 ", he results for the year shown above are derived from Gontinuing activities. 16.773 17,655 WFBA Flnancial Statement 202&2025 Page l 12 of 17 WFBA ACCOUNTS 2025 Y/AL THAM FORESTBLIND ASSOCIA TION (WFBA) BALANCE SHEET AS A T31STMARCH 2025 Notes 2024/25 2023124 TANGIBLE FIXED ASSETS Office EquipmenVCDmputers CURRENT ASSErs Prepayment & Accrued Income Bank & Cash at Hand 630 61.533 62,163 5,630 67.178 72,808 Creditors Amounts Falllng Due withln one year," reditors and accnials 28,616 38.380 Ivet Current Assets 33.5d7 34,428 Amounts Falling Due More than one year.. Incomc Received in advance 16.773 16, T74 Net Assets 16.773 55 FUNDS Unrestricted -Gen8rai Funds 5.595 4,333 Restricted Funds '.Revenue Revenue Capital Fund 5,595 11.178 11.178 16,773 13.322 17.655 .Joproved for and on behalf of Trustses on.. i- ..2026 MR TARIQ HUSSAIN CHAIRMAN MRS NASEEM YAQUB TREASURER WFBA Financial Statèment 2024-202S Pag8113 of 17 WFBA ACCOUNTS 2025 Notes to the Financial State￿￿nts for the year ended 31st March 2025 f; Gcounting policies l (a) Basis ofpreparation The financial statements have been prepared under the historical cost conversion and in accordance with applicable Accounting and Financial Reporting Standards and the charities SORP 2005 and Charitys Act 2006 and 2011 (b) Fund-accounting Unrestricted funds are funds available for use or retention at the discretion of the Board of Directors in accordance with the chariws objectives. Designated funds comprise funds which have been set aside by the Board of Directors for specific purpos8s. They are set aside to ensure that redundancles and closure costs can be met at any one time to allow coping with unforseen Clrcurnstan￿s. Re5trlcted funds are funds subject to specific restrictive con(Jitions imposed by the donors or by tho declared purposes { c) Incoming resources Income is recognised when th8 charity has entitloment to the funds. any peifotmance conuitions atlaGhed to the item(s) ot income have been met, it is probable that the incottle wlll be received and the amount can be measuigd ieliably. Income from grants, vthether 'capital' grants or 'revenue' grants is recognised when the charity has entitlement to the fund8, any perforinance conditions attached to the grants have been met, It is probable that the income will be r8ceived and the amount Gan be measured reliably arKI is rK)t deferred. Income received in advance is recognised in the period to whicti they relate i expenoiiure Is accouniea Tor un accruals Dasis wnere Incurrea oirecciy Iv rurLner ifle charrtys charitablc objeGtves is shown under the heading of direct charitable exp8nditure (e) No amounts are inclucled in the financial statements for services donated by volunteers. (g Tangible fixed assets- Tangible fixed assets are depreciated as follows: Computers straight line (25% of cost) Equipment Straight line (25Yo of cost) Assets costsng £500 or less ar8 caprfalised in the year ofpurchase. WF8A Financia Statement 2024-2025 Page114 of 17 WFBA ACCOUNTS 2025 Notes to the Financialstatements for the year ended 31st March 2025 Incoming resources 2. (a) AnalY￿S of Incoming ReSoUr￿S Grants/Donations Activity Income Income Other Income 2024/25 Total 2023/24 Total Welfare Pmgrammes 53.948 1,812 55. 760 74,965 53.948 1.812 55, 760 Unrestricted Restricted Total 74.965 Total Grants Sports England National Lottery Communty Fund-A4A City Bridge Trust-city of London London Communty Foundation Groundwo Lloyds Foundatlon Foyles Foundation 7h8 Will Charilable Trust The Archer Trust WG Edwards Chan"lable Foundation Total Grants Income 13,948 10,000 5.000 13,948 10,000 14,999 10,000 9,986 3, 732 25,000 3,000 5.000 1, 500 1, 000 74,217 25,000 25,000 53.948 53.948 Otherlncome Donalions Other income Bank Interest 227 91 318 430 Fundraisin.q 1,812 1,812 Total Income 1.812 53.948 55. 760 3(a) Resources expended as shown in the Statement of Financial Actlvlties 74,965 Direct Costs Support Costs 2024/25 Total 2023/24 Total Welfare Programmes Total Governance Total Costs 3( b) Governance Costs includes the following Independent examination Profes&onal & Consuiltancy Fees 40. 720 13.871 54.591 63. 784 40, 720 13.871 2,050 15.921 54,591 2,050 56,641 63, 784 4. 500 68.284 40, 720 550 1,500 2.050 550 3, 950 4.500 VblFBA Financial Statement 2024-2025 Page115of 17 WFBA ACCOUNTS 2025 Notes to the Financial statements for the year ended 31st March 2025 3 (c) DIRECT COSTS 2024/25 2023/24 Dmp In Acgivities Travel & Outings Staff Costs Sessional Staff Exercise￿learth & Well being W8bsite, Publicity & Advertising Volunteers Cost of Living Capacity Building Training Quality Mark Food Vourchers P￿MiseS /Venue Hire Equipment- 5.565 2,009 8. 190 8,083 2,530 235 746 5,952 4,300 7,320 4,060 1,338 685 1,296 2.854 2,450 3,320 970 3,331 3, 780 821 42,477 3.450 2,321 4,030 3. 560 3(dJ Support Costs InsuranGe Audit & Accounting Legal & Profesional Subscriplions Stationery Telephone Ineomg Generating sur1drie￿GonSurnableS Premises Rent ght & Heating ' Bank Charges Travel & Me8tings 40,720 1,016 753 550 3.950 1,500 1,060 115 263 8,014 528 2, 700 315 103 307 15.921 56,640 69 293 12.090 642 5.850 324 72 1,214 25.807 68.284 Other Current Assents AGGrued Revenue Prepaid Expenses- Rent Deposit Cash and Bank Balances 5.000 630 5,630 630 630 Bank Balances Current Account-Barclays Premium Accounts-Barclays Current Account-unity Trust Petty Cash Unrestrlcéed Res￿'cted Total Total 10,395 10,000 20,395 23. 853 30.010 11 40.415 11,117 41.127 43,310 15 67.177 5 Creditors Creditors falllng within one Accruals Income Received in advance 21.117 61.532 4,016 14,600 18.616 4,016 24,600 28.616 10.000 10.000 3.780 14,600 18,380 Creditors falling more than one year Income Re￿iVed in advan 16.773 16.773 16.T74 WFBA Financial Statement 2024-2025 Page116of 17 WFBA ACCOUNTS 2025 hjotes to the Flnancial statements for the year ended 31st March 2025 Surplus/Deflct Surplus/Defict is after charging.. D8preciation Independent Examination 2024125 2023/24 350 350 350 350 7 Analysis of Movement in funds Restricted As@ 01/04r2024 Incomlng outgolng Trfs As 31/03/2025 Sports England City Bridge Tmst- City of London National Lottery -A4A Lloyds Foundation 3.549 13.948 (11.450) (5.000) (10,000) (29. 642) (56.092) 6.047 10,OQO 25,OQO 53.948 9. 773 13.322 Unrestricted General 5, 131 11,178 4.333 4.333 17.654 1.812 1,812 55, 760 (550) 550 (56,641) 5,595 5,595 16, 773 8 Flxed Assets Computors & Equipment Total As at 0110412024 Addltions As at 3110312025 9.168 9,168 9.168 9.168 Depreciation As at 0110412024 Charge for year As at 3110312025 9,168 9.168 9.168 9.168 Net Book Values As at 3110312024 As at 3110312025 Capltal Funds Caprtal funds ￿presents grant funded assets {computer cost balances after depreciasted) purchased. 10 Employees Avarage Employees During Ihe Year Full Time Equivalent 10 Contlgent Llabllitles.. In the opinion of the trusteos. at 31 March 2025, there were no contigency liabilities or t￿tractual commitment other than rental payments. WFBA Financlal Statement 2024-2025 Pag&117 of 17