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. Page 2 **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 Page 3 B@tllude Llrnitecl Twu8te86' Report I￿ntInued) For The Year Ended 31 March X125 Smo11 ¢ompahy Rules Th& re￿rt has been piepared in acCord￿¢&￿11h Ihe special No￿$10n8 rektingto ¢xryipanles 8u4'e¢tt¢ Amall Gomp8nle$ regIM8￿thin Part 15 of thB cDrnp8n￿ Act 2QO6. The trustees, feE￿rt W45 approved by Ihe bjard of ttustees and signed on it8 behalf by.. Mr J Hemry Trustee Date 9. IZ. ¥ P88e 4 Ind•pe￿nt Examiner$ Roportlo Ihe Trustee5 01 Witud• Limtt•d ForTh8 Yvar End•d 31 PAar¢h 2D25 I repDrtto th8 charity trustees or¢ my examinat￿)￿ of the of1￿ C(mnr￿ry yt8rtnd8d 31 2025. R•8ponslbllStl•8 and Bas1$ of R•port As thè ¢tFarily lrnslees of the Company lar#J ¥so as I￿0¢1￿5 ofctynpanytswl, >xxJ arè reSP￿$￿J18 pr8parats)n ofth8 aco)unts in ¥(to￿anCe with IhÈ re4utremÈNs ofthe Ccmpthespd 2(￿ 2W6kl?. Havlng Satisfied my88lflhal 8ccount8 ofth8 cr￿panY are rnl required lo b8 a￿rted urKler Part 16 of the 2(￿ Act and arp èligible for independanl Èxsniinalion, I report in res￿1 of my examination Ol￿r ch¥ity'$ as cdrt Lmd8r sect￿ 145 01 ltte Charibes Act 2011 Ilhe 2011 Acl'l. In cgrrying out my exarnInat￿n I have lh• k¥¥en byth• Chty cAxnmwi￿ 145(Sl Ibl orth8 2011 Act. Independent Examlnorfi Statqfflent I have Complet￿ my ex8minatson I cwfirn Ih41 rn mattors have to rnythnlKfft kn *ith the examinatitin wng m8 cau88 to bdl8v6'. accounting recwd5 were nol kept ￿ iespBd of ¢￿Y as by srtityi 386 oflhb 2￿8A£¢. L* lh& accounts do no¢ accord with I￿88 rectyds.. or th8 accounL8 do rol ccKnrly *xlh th8 8(£4yJnling requh8m6rts of 396 ofthe 2Tr)6A¢t olher than any requirement th81 the ai¥ounts gIV8 8'lru8 and lair Vbew vknich is not a mattarconSKlered as Wt of an irKlepervJent examinalK¥i," LY accounts have rol been prepwed in accordarKe the mell￿* aTrl c4 the Stal￿￿nI of Recwrnended Pracvce lor accounting and rep￿￿r¥ by charK*s app￿8b￿ lo charftS88 FwthYJ vxcwits th acccrfdanc8 th lh8 FInana￿ Reporting Standard ap1kab￿ in lh• UK and R•WtI￿ gl Ir•1￿￿ IFRS 1021. I h8v• no 8nd hav8 ¢th￿8¢r¢￿ M olhermattarn th• 10 •N•ntitn dr￿ In IhL* raw)rt In ord&1 to 8nabl6 a wopr undtrrntaTh#kno olth• accwrts to bo r•thd. PhllSp Longst8ft FCA oq/ii1202 C Ch8rt8red Accountants onslable Court. 62 Done Stre81 Doerfing Sufrey RH4 2DP ## **B@titude Limited 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**
**£**
52,267
37,288|**Restricted**
**funds**
**£**
12,744
-|**2025**
**Total funds**
**£**

65,011
37,288|**2024**
**Total funds**
**£**
60,398
36,534
96,932
(99,361)
(29,537)
(128,898)
(31,966)
(31,966)
65,670
33,704| |---|---|---|---|---| ||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 LInr0￿1cknj lund ReBtrI¢ fuf Tot41 fL4ndL5 rotsl tunds FIXÉD ASSETS Tawible A8sets 3,203 7,405 3,1￿7 3.2￿J 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 OnoY*r NET CURRENT ASSETS lU￿BILITIEs) 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 requI￿Dents olthe Act vAlh respect lo8￿ount￿￿j recDTds the wekEration of The* have l￿en Prepared in artordancewlth tl% aFWlCa￿e 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. Page 9 **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| Page 10 **B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** ## **6. Analysis of Expenditure** ## **2025** |Community Support
The Hive
Community Support
The Hive
**7.** **Support Costs**
Premises expenses
General administration
Governance costs
Premises expenses
General administration
Governance costs
**8.** **Independent Examiner's Remuneration**
Independent examination of the financial statements
Other assurance services
Tax advisory services
Other financial services|**Activities**
**undertaken**
**directly**
**£**
73,759
31,810|**Grant funding**
**of activities**
**£**
1,306
-|**Grant funding**
**of activities**
**£**
1,306
-|**Support costs**
(see note7)
**£**
9,156
991|**Total**
**£**
84,221
32,801
117,022
**2024**
**Total**
**£**
99,361
29,537
128,898
**2025**
**Total**
**£**
2,332
7,115
700
10,147
**2024**
**Total**
**£**
3,050
7,316
700
11,066
**2024**
**£**
700
-
-
918
1,618| |---|---|---|---|---|---| ||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|| ||||||| Page 11 **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** |**Cost**
As at 1 April 2024
As at 31 March 2025
**Depreciation**
As at 1 April 2024
Provided during the period
As at 31 March 2025
**Net Book Value**
As at 31 March 2025
As at 1 April 2024
**2.** **Debtors**
**Due within one year**
Other debtors
**3.** **Creditors: Amounts Falling Due Within One Year**
Accruals and deferred income|**Cabin**
**£**
6,995|**Fixtures &**
**Fittings**
**£**
10,207|**Fixtures &**
**Fittings**
**£**
10,207|**Equipment**
**£**
15,699|**Total**
**£**
32,901
32,901
25,496
4,202
29,698
3,203
7,405
**2024**
**£**
1,559
**2024**
**£**
2,066| |---|---|---|---|---|---| ||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. Page 12 **B@titude Limited Notes to the Financial Statements (continued) For The Year Ended 31 March 2025** ## **15. Movement in Funds** |**Unrestricted funds**
General:
General unrestricted fund
Designated:
Designated
**Total unrestricted funds**
**Restricted funds**
Counselling
The Hive
**Total restricted funds**
**Total funds**
**Unrestricted funds**
General:
General unrestricted fund
Designated:
Designated
**Total unrestricted funds**
**Restricted funds**
Counselling
The Hive
Other Restricted Funds
**Total restricted funds**
**Total funds**|**As at 1 April**
**2024**
**£**
26,489
2,800|**Income**
**£**
83,998
5,557|**Expenditure**
**£**
(92,217)
(7,782)|**As at 31 March**
**2025**
**£**
18,270
575
18,845
-
136
136
18,981
**As at 31 March**
**2024**
**£**
26,489
2,800
29,289
2,510
1,905
-
4,415
33,704| |---|---|---|---|---| ||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. Page 13 **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. Page 14