## **Friends In St Helier** **Financial Statements** **For the Year Ended 31 March 2024** ## **Friends In St Helier** ## **Contents** |**Contents**|| |---|---| ||**Page**| |Administrative Information|1| |Trustees' Report|2| |Independent Examiner's Report|4| |Statement of Financial Activities|5| |Balance Sheet|6| |Notes to Financial Statements|7| ## **Friends In St Helier** ## **Charity No: 1133500** ## **Information** |**Principal venue for activities**|St Georges Church Hall| |---|---| ||Central Road| ||Morden| ||Surrey| ||SM4 5RJ| |**Registered Address**|St Georges Church Hall| ||Central Road| ||Morden| ||Surrey| ||SM4 5RJ| |**Bank**|The Co-operative Bank| ||Business Direct| ||P.O Box 250| ||Skelmersdale| ||WN8 6WT| |**Independent Examiner**|Waqar Ahmed ACA FCCA| ||Proacc Consulting Ltd| ||Chartered Certified Accountants| ||3rd Floor, 86-90 Paul Street, London| ||EC2A 4NE| 1 ## **Trustees' Annual Report for the year 2023-24** The Trustees are pleased to present their Annual Report together with the financial statements for the year ending 31 March 2024 **Trustees** Abdul Raheman Mohidin Chair Helen Jones Secretary (Appointed 26 October 2023) Maurice Albert Gilley Treasurer Ann Giddy Operations Manager Mavis Valerie Jacobs Fundraising Secretary Alan Warrener User and Volunteer Jean Payne User and Volunteer Ted Rhodes User and Volunteer Shirley Saunders User and Volunteer Frances Chandler User and Volunteer (Appointed 26 October 2023) **Structure, governance and management** ## **Governing Document** Friends In St Helier is an unincorporated charity governed by its constitution which was adopted on 23 April 2009 and amended July 2013. The charity was registered with Charity Commission on 11 January 2010. ## **Appointment of Trustees** Trustees are appointed or reappointed every three years at the Annual General Meeting. ## **Objectives, activities, achievements and performance** ## **Summary of the objects of the charity set out in its governing document** To promote the welfare of older people living on the St Helier Estate, Morden and surrounding area in any manner which may be deemed by law to be charitable. ## **Summary of the main activities undertaken for the public benefit in relation to these objects** In planning our activities for the year, we kept in mind the Charity Commission’s guidance on public benefit at our trustee meetings. A grant of £50.1k from London Borough of Merton and a legacy of £5k enabled us to keep our operations going. We were able to operate for 41 weeks. We served 3500 meals. Provided 59 Exercise classes 11 of which were free, thanks to the Wimbledon Foundation. The attendance has averaged 80 members per week. Staff have managed to organise 12 outings for members. Two four-night holidays were organised enjoyed by 53 members. These were a great success. Christmas lunches were well attended at all the Clubs. Merton Council provided funds for two King’s Coronation parties which members enjoyed. We worked with NHS South West London to promote community vaccination programmes and local pharmacies. We remain active in supporting the Merton Community Hub and also active in the Merton sustainable Project the Food Response Network. ## **Appreciation** Trustees (10) are grateful for the many hours staff (3), volunteers (15), have spent encouraging and supporting members. Without this valuable contribution of time, energy and expertise, we would not have been able to achieve so much. Trustees are grateful for the support and funding received from London Borough of Merton, Clarion Futures, Wimbledon Foundation, The Co-op Local Community fund and all the other small donors who have helped us. ## **Financial review** The accounts show a surplus of £2k. This was mainly due to the legacy of £5k. Staff were given an increase in wages 8%. We managed to raise funds £7k from raffles, small funding events, donations and subscriptions of £7k to cover some of our administration costs. We also earned £1.1k in bank interest. Hall hire charges increased by 25%. Merton again gave us an operational grant of £50.1k and we were granted £1.9k by the Co-op Local Community Fund to pay for members’ transport. Prudent shopping and supplies from the Felix Project has helped us keep food costs down. Trustees agreed not to increase prices to members but recommended a review in 2024. The Trustees expressed their sincere gratitude to all the donors. ## **Reserves Policy** The Reserves Policy was reviewed. The aim remains the same to ensure reserves held are equal to 6 months of operating expenditure. This was achieved at the end of the financial year 2023/24. 2 The Trustees. $18ff and ¥olunteers ire commltred io ensuriw we rneel ovr ioil$ values Ih 2024 Wewlll e•rry on wo¥ldln8 me31& reueaWon. ifiFurm*ion, a￿￿te supKK)rtthE Ewerfytmwu￿Ity of Merton to Ii¥e a heakhyand Indep￿dent Ilfe. Wèwlll adapt our se￿r£S acCordin￿Y*0 meerthe demènds atld challen8es that arlje In t** cow4n¥year5. St¥fFlevelJ and volunteEf rvjmkrswere rethe*cO. Followln8this ￿eTI￿t￿eS￿￿0tyéd 8%w88e rfse. Wages wlll be ￿￿eWed annualty in allgrtmeni wilh Loul Athhorhy paysI31es. Arywage incrèasesare deFendent upon a¥ailaWe funds￿ but we are Cornittted to the London The Trthstees declare thèt they have approved the truskepè feKKJrtabove. S4ned on bEhalf of the Charty'strurtees ki,,li Abdul Rlheman Mohidi Chalr vfice Alb Treasurer Date.. 3 ## ~~a~~ **Independent Examiner's Report to the trustees of Friends In St. Helier Trust** I report on the accounts of the Friends In St. Helier Trust (Charity No: 1133500) for the year ended 31 March 2024, which are set out on pages 5 to 10. ## **Respective responsibilities of trustees and examiner** As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’). I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: - accounting records were not kept in respect of the charity as required by section 130 of the Act; or - the accounts do not accord with those records; or - the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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. 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. Waqar Ahmed ACA FCCA C/O Proacc Consulting Ltd Chartered Certified Accountants 3rd Floor, 86-90 Paul Street, London EC2A 4NE Date: 4 ## **Friends In St Helier** ## **Annual accounts for the Year Ended 31 March 2024** |**Statement of financial activities**|**Statement of financial activities**| |---|---| |Notes
**Incoming resources**
Donations and legacies
Charitable activities
Investment activities
**_Total_**
3
**Resources expended**
Fundraising expenses
Charitable activities
4
**_Total_**
**Net income/(expenditure) before investment gains/(losses)**
Net gains/(losses) on investments
**Net income/(expenditure)**
Transfers between funds
Other recognised gains/(losses)
**_Net movement in funds_**
**_Reconciliation of funds:_**
Total funds brought forward
**_Total funds carried forward_**
10|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total 2024**
**Total 2023**
**£**
**£**
**£**
**£**
62,493
-
62,493
51,436
57,632
1,632
59,264
49,822
1,066
-
1,066
340
121,191
1,632
122,823
101,598
1,272
1,272
1,485
117,514
2,140
119,654
108,899
118,786
2,140
120,926
110,384
2,405
(508 )
1,897
(8,786 )
-
-
-
-
2,405
(508 )
1,897
(8,786 )
-
-
-
-
-
-
-
-
2,405
(508 )
1,897
(8,786 )
56,446
1,230
57,676
66,462
58,851
722
59,573
57,676| 5 Friends In St Heller s at 31 March 2024 Balance sheet Unrestrlrted Restrfcted funds income fvnds ToL112024 Total 2023 Current assets Cash at bank and in hand Prepayments & other ￿ceivable5 Total current ¢755ets 66,226 834 67,060 722 66,948 834 67,782 63,880 8,935 72,815 722 Credltors: amounts falling due within one year 8.209 8,209 15,139 Net current ossets/lliobilities) Total ossets Jess current liabilities 58,851 58,8SI 722 722 59,573 59,573 57,676 57,676 Creditor4: amounts falllng due after one year Total Iietossets orllobllttles 58,851 722 59,573 57,676 Funds of the Charity Unrestrlcted funds Restricted funds Totolfunds 10 58,851 58,851 722 59,573 56,446 1,230 57,676 722 722 58,851 The financlal statements were approved by the board of trustees and were 5Tgned on their behalf by: Abdul Raheman Mohidln Chair Date: Maurice Albert Gilley Treasurer The notes on page 7 to 10 form part of the flnanclal statements **Notes to the accounts** ## **1 Basis of preparation** These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and with the Charities Act 2011. ## **2 Accounting policies** ## **Going Concern** These accounts have been prepared on a going concern basis. There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. ## **Recognition of income** These are included in the Statement of Financial Activities (SoFA) when the charity becomes entitled to the resources; it is more likely than not that the trustees will receive the resources; and the monetary value can be measured with sufficient reliability. ## **Grants and donations** Grants and donations are only included in the SoFA when the general income recognition criteria are met. The charity has received government grants in the reporting period. ## **Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met. ## **Volunteer help** The value of any voluntary help received is not included in the accounts. ## **Liability recognition** Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. ## **Fund structure** Restricted funds are spent in accordance with specific instructions of the donor. Unrestricted income funds comprise those funds which are spent at the discretion of management committee for any purpose in the furtherance of the charitable objectives. 7 ## **Notes to the accounts (cont)** ## **3 Analysis of income** |Donations and gifts
Legacies
General grants provided by government/
other charities
Transport
Kitchen
Holiday Club
Subscriptions
Keep Fit
**Investment activities:**
Bank interest
**TOTAL INCOME**
**Donations and legacies:**
**Charitable activities:**|**Unrestricted**
**funds**
**Restricted**
**funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
6,856
- 6,856 5,496
5,000
- 5,000
-
50,637
50,637 45,940
62,493 - 62,493 51,436
4,633
4,633 2,867
17,283
- 17,283 17,768
27,618
- 27,618 18,853
6,868
- 6,868 7,292
1,230 1,632 2,862 3,042
57,632 1,632 59,264 49,822
1,066
1,066 340
1,066
- 1,066 340
121,191 1,632 122,823101,598| |---|---| 8 **Notes to the accounts (cont)** ## **4 Expenditure on charitable activities** |Transport
Wages
Pensions
Rent
Kitchen Supplies
Holiday club
Volunteer expenses
Telephone
Insurance
Licence
Accountancy and Independent Examination
Printing, postage & stationery
Travel & parking
Member entertainment
Member health
Computer & software
Bank charges
Sundries
**5 Staff Costs**
Pension
Salaries and wages|**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
3,509
58,406
-
1,752
-
8,106
-
14,079
-
24,394
-
369
-
792
-
640
-
456
-
1,500
-
996
-
1,632
-
120
-
- 2,140
394
-
- -
369
-
117,514 2,140|
**Total 2024**
**Total 2023**
**£**
**£**
3,509 3,420
58,406 53,639
1,752 1,609
8,106 6,512
14,079 13,078
24,394 19,167
369 678
792 1,004
640 581
456 1,301
1,500 1,500
996 534
1,632 1,338
120 370
2,140 2,555
394 905
- 56
369 652
119,654 108,899
58,406 53,639
1,752 1,609
60,158 55,248| |---|---|---| The Average number of paid staff employed during the year was 3. (2023: 3) All directors/trustees are volunteers and they do not receive any remuneration for their services (2023: £Nil). |Accountancy Services
Independent Examination
**6 Accountancy and Independent Examination Costs**|1,000 1,000
500 500
1,500 1,500| |---|---| 9 ## **Notes to the accounts (cont)** ## **7 Creditors: Amount falling due within one year** |Accruals
Other creditors
**8 Cash at bank and in hand**
Bank
Cash In Hand
**9 Prepayments & other receivables**
Prepayments
Other receivables|**2024**
**2023**
**£**
**£**
3,175 3,590
5,034 11,549
8,209 15,139
66,606 62,507
342 1,373
66,948 63,880
240
6,926
594
2,009
834
8,935| |---|---| ## **10 Funds** Details of funds held and movements during current year |Unrestricted Funds
Restricted Funds
Details of funds held and movements during previous year
Unrestricted Funds
Restricted Funds|**Balance at**
**Incoming**
**Resources**
**Balance at**
**1 April 2023 Resources**
**Expended**
**31 March 2024**
**£**
**£**
**£**
**£**
56,446
121,191
(118,786 )
58,851
1,230
1,632
(2,140 )
722
57,676
122,823
(120,926 )
59,573
**Balance at**
**Incoming**
**Resources**
**Balance at**
**1 April 2022**
**Resources**
**Expended 31 March 2023**
**£**
**£**
**£**
**£**
66,462
99,698
(109,714 )
56,446
-
1,900
(670 )
1,230
66,462
101,598
(110,384)
57,676| |---|---| ## **11 Transactions with trustees and related parties** All directors/trustees are volunteers and do not receive any remuneration for their services. (2023: Nil) There was no reimbursement of Trustees expenses during the year (2023: Nil). ## **12 Post balance Sheet events** There are no post-balance sheet events with an impact on the Charity's financial statements 10