2025-03-31-accounts - B@titude Limited

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Company registration number: 07453984 Charity registration number: 1140398

B@TITUDE LIMITED TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

B@titude Limited Contents

	Page
Trustees' Report	1—4
Independent Examiner's Report	5
Statement of Financial Activities (including Income and Expenditure Account)	6
Comparative Statement of Financial Activities (including Income and Expenditure Account)	7
Balance Sheet	8
Notes to the Financial Statements	9—14

B@titude Limited Company No. 07453984 Trustees' Report For The Year Ended 31 March 2025

The trustees present their report and the financial statements for the year ended 31 March 2025.

Objectives and Activities

Aims and Objectives

The Objects of the charity are:

1 The prevention or relief of poverty by providing grants, items, services and opportunities to individuals in need, and/or charities or other organisations working to prevent or relieve poverty.

2 To develop the capacity and skills of the members of socially and economically disadvantaged communities in such a way that they are better able to identify and help meet their needs and participate more fully in society.

3 The relief of financial hardship among people by providing such persons with goods and services which they could not otherwise afford through lack of means.

Significant Activities

The focus of the charity is the shop in the local area of North Leatherhead, selling affordable good quality second hand baby and children's clothes, toys, books, and equipment.

The charity's main aim is to be present and visible in the community, bringing people together in a safe environment, developing relationships while listening to people's needs and providing practical help where possible.

B@titude looks to encourage creative and diverse solutions, while actively supporting people's dreams and helping these come to fruition.

Public Benefit

The trustees confirm that they have referred to the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives for the future.

Achievements and Performance

Funding

The charity received a total of £17,295 in grants during the financial year 2024/25.

£1,750 from Toyota for the 'Fun on the Rec' summer event

£1,300 Your Counsellor Fund (Tim Hall Surrey County Council) - Beach trip to Brighton

£10,256 from Awards for all to fund Marion's Salary

£2,489 Mole Valley Small Grants for The Hive (cupboards) £1,500 Wates Foundation

Review of the year

B@titude celebrated its 20th anniversary in January 2025. As we looked back over the years, it has been truly encouraging to see the support and generos ity we’ve received, as well as the strong local connections that have grown within our community. We receive daily messages o f gratitude from people who visit the shop and value our presence, which reminds us why our work matters.

This has been another busy and fulfilling year, and we are extremely grateful to everyone who has supported and stood with us throughout our journey.

At the end of 2024, we said a fond goodbye to our founder, Jenny, who retired in December. We also welcomed two new members to the team: Silvia, our new General Manager, and Richard, our Financial Controller. To strengthen our core charitable objectives, we made the careful decision to pause our counselling project and several other events, allowing us to focus on consolidating our team and deepening our core mission.

...CONTINUED

Page 1

B@titude Limited Trustees' Report (continued) For The Year Ended 31 March 2025

Achievements - continued

Activities:

Community support voucher(s).
Outing to Brighton for those not going on holiday.
Summer community fun day in the school holidays.
Back to school initiative providing new school uniform, shoes, bags and stationery to those most in need.
New toy sales and 20p sales.
Christmas support - presents and hampers for families and individuals.
Christmas Panto for families
Partnering with other organisations and individuals to send excess clothes abroad.
One-to-one counselling.

The Hive

We are particularly pleased to see The Hive grow from strength to strength. Marion has worked hard to build her invaluable team of volunteers and to develop courses and local connections.

The Hive continues to run regular workshops and classes, and to teach valuable skills while creating a safe space for people to connect and support each other.

Future plans

Looking ahead, we hope to build on this year’s foundations and strengthen our mission. In the coming months, we will be partn ering with other local organisations to host our annual Summer Fun on the Rec event, creating a fun day for families to connect and enjoy a free day out. We also plan to collaborate on our Back to School initiative, ensuring children in our community are supported and equipped for the year ahead. We hope to reintroduce some of our paused activities once our core work is firmly established and our team is fully settled. As always, we remain committed to serving our community with compassion and respond where we can.

Financial Review

Financial Position

The charity made a deficit for the year of £14,723 (2024: deficit of £31,966).

Reserves Policy

The trustees have reviewed the charity's reserves and continue to consider its activities and funding in order to achieve their policy of having sufficient reserves to cover at least three months of operational costs.

Structure, Governance and Management

Governing Document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Trustee Selection Methods

The existing trustees invite new trustees to join the board. The trustees will evaluate the potential new trustees knowledge, experience and skills to ensure that these are complimentary to the other board members. The trustees will regularly review the qualities that the existing trustees bring to the Board along with any training needs that maybe required.

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B@titude Limited Trustees' Report (continued) For The Year Ended 31 March 2025

Reference and Administrative Details

Trustees

Mrs S Hart Mr J Herring Mr N Ebers (resigned 06/09/2024) Mrs M Truelove Mrs N Dencker (resigned 28/10/2024)

Charity Number 1140398

Company Number 07453984

Registered Office

205 Kingston Road Leatherhead Surrey KT22 7PB

Independent Examiner Philip Longstaff FCA Ellis Atkins Chartered Accountants Constable Court, 62 Dene Street Dorking Surrey RH4 2DP

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B@titude Limited Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025

Unrestricted funds £ 52,267 37,288	Restricted funds £ 12,744 -	2025 Total funds £ 65,011 37,288
89,555	12,744	102,299
(81,711) (18,288)	(2,510) (14,513)	(84,221) (32,801)
(99,999)	(17,023)	(117,022)
(10,444)	(4,279)	(14,723)
(10,444) 29,289	(4,279) 4,415	(14,723) 33,704
18,845	136	18,981

The notes on pages 9 to 14 form part of these financial statements.

Page 6

B@titude Limited Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025

Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 Other trading activities 4 EXPENDITURE ON: Charitable activities: 6 Community Support The Hive NET EXPENDITURE NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 15	Unrestricted funds £ 60,398 36,534	Restricted funds £ - -	2024 Total funds £ 60,398 36,534 96,932 (99,361) (29,537) (128,898) (31,966) (31,966) 65,670 33,704
	96,932	-
	(94,368) (27,579)	(4,993) (1,958)
	(121,947)	(6,951)
	(25,015)	(6,951)
	(25,015) 54,304	(6,951) 11,366
	29,289	4,415

The notes on pages 9 to 14 form part of these financial statements.

Page 7

BWthid•Llml Balanc• Sh•0t A¥ At 31 M¥r¢h 202S 2025 LInr01cknj lund ReBtrI¢ fuf Tot41 fL4ndL5 rotsl tunds FIXÉD ASSETS Tawible A8sets 3,203 7,405 3,17 3.2J 7.405 CURRENT 118SETS Delftors Cash at bankart Irs hand 2,297 15.521 2.297 24,952 9.431 17,818 9,431 19.4311 27,249 28.365 Crgdltor-. Am¢unts FAlllng Ouewlthln OnoYr NET CURRENT ASSETS lUBILITIEs) 13 12.0401 111.471 1 15.778 Is,m TOTALJSSETS LESS CURRENT LIABILlflES 18,845 18.k81 NET ASSÈTS 18.845 18,981 33.704 FUNDS OF THE CHARITY Restridwj FundB UnT881ricted FuThts 136 18.845 4.415 29.289 TOTAL FUNDS 15 18.981 33.704 For the yearendirvj 31 March 2025 the tharilabl•cryy was entlledtoexemFllon Irom audlt urder section 477 Dfthe CornFonies At 20LE felatlng to 5rna companie The rnernbe have not requir ¢haritabk company to obtain an authl in accordan¢¢ lth se(Xion 476 of Ihe Companie5 Ad 20( The ttU5tees adffltrmedge theiT f85F¢Jn$ibll(5 lor complylng 1th the requIDents olthe Act vAlh respect lo8ountj recDTds the wekEration of The have len Prepared in artordancewlth tl% aFWlCae to companie8 8ubje¢tlo the smaN companles regThe. OTr behaKorthe ix)3rd r J HefflTrJ TrLBtee Date The notss on p4es 9 to 34 form pqrt ol th8se finaThcialstaternents.

B@titude Limited Notes to the Financial Statements For The Year Ended 31 March 2025

1. General Information

B@titude Limited is a company limited by guarantee, incorporated in England & Wales, registered number 07453984 and registered charity number 1140398. The registered office is 205 Kingston Road, Leatherhead, Surrey, KT22 7PB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities: 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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.3. Incoming Resources

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

2.4. Resources Expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings 33% on cost Equipment 33% on cost

2.6. Pensions

The charitable company operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

2.7. Government Grant

Grants are recognised when the entitlement to the grant is confirmed. Revenue based grants are recognised in the period in which the related costs are incurred.

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B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

3. Income from Donations and Legacies

Donations and gifts: Other donations Donations from individuals Donations from churches, charities and companies Gift aid Grants: Grants Government Grants Donations and gifts: Other donations Donations from individuals Donations from churches, charities and companies Gift aid Grants: Grants Government Grants	Unrestricted funds £ 4,931 21,276 19,956 4,804 - 1,300	Restricted funds £ - - - - 12,744 -	2025 Total funds £ 4,931 21,276 19,956 4,804 12,744 1,300 65,011 2024 Total funds £ 476 26,395 27,541 5,986 - - 60,398
	52,267	12,744
	Unrestricted funds £ 476 26,395 27,541 5,986 - -	Restricted funds £ - - - - - -
	60,398	-

The following donations and legacies are included within the total income from donations and legacies above:

4. Income from Other Trading Activities

. Income from Other Trading Activities
The Hive sales The Hive room hire Shop income	2025 Unrestricted funds £ 9,438 3,112 24,738	2024 Unrestricted funds £ 10,557 - 25,977 36,534
	37,288

5. Net Income/(Expenditure)

The net expenditure is stated after charging/(crediting):

he net expenditure is stated after charging/(crediting):
	2025	2024
	£	£
Depreciation of tangible fixed assets - owned	4,202	3,698

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B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

6. Analysis of Expenditure

2025

Activities undertaken directly £ 73,759 31,810	Grant funding of activities £ 1,306 -	Support costs (see note7) £ 9,156 991
105,569	1,306	10,147
Activities undertaken directly £ 86,559 28,577	Grant funding of activities £ 2,696 -	Support costs (see note7) £ 10,106 960
115,136	2,696	11,066
	Community Support £ 2,332 6,124 700	The Hive £ - 991 -
	9,156	991
	Community Support £ 3,050 6,356 700	The Hive £ - 960 -
	10,106	960
		2025 £ 700 - - 886 1,586

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B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

9. Staff Costs

Staff costs were as follows:

Wages and salaries Other pension costs	2025 £ 61,589 851 62,440	2024 £ 69,403 734 70,137

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

10. Average Number of Employees

Average number of employees during the year was: 4 (2024: 6)

11. Tangible Assets

Cabin £ 6,995	Fixtures & Fittings £ 10,207	Equipment £ 15,699
6,995	10,207	15,699
6,995 -	4,706 2,434	13,795 1,768
6,995	7,140	15,563
-	3,067	136
-	5,501	1,904
		2025 £ 2,297 2025 £ 11,471

12. Debtors

13. Creditors: Amounts Falling Due Within One Year

14. Pension Commitments

The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £851 (2024: £734).

At the balance sheet date contributions of £nil were due to the fund and are included in creditors.

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B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

15. Movement in Funds

As at 1 April 2024 £ 26,489 2,800	Income £ 83,998 5,557	Expenditure £ (92,217) (7,782)
29,289	89,555	(99,999)
2,510 1,905	- 12,744	(2,510) (14,513)
4,415	12,744	(17,023)

33,704	102,299	(117,022)
As at 1 April 2023 £ 47,111 7,193	Income £ 96,932 -	Expenditure £ (117,554) (4,393)
54,304	96,932	(121,947)
2,510 3,863 4,993	- - -	- (1,958) (4,993)
11,366	-	(6,951)

65,670	96,932	(128,898)

16. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

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B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025

17. Related Party Disclosures

Key management personnel (including directors) received compensation of £nil (2024: £45,134)

18. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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