Company registration number: 07385707 Charity registration number: 1141564
EAST FINCHLEY COMMUNITY TRUST TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
East Finchley Community Trust Contents
| Page | |
|---|---|
| Trustees' Report | 1—2 |
| Independent Examiner's Report | 3 |
| Statement of Financial Activities (including Income and Expenditure Account) | 4 |
| Comparative Statement of Financial Activities (including Income and Expenditure Account) | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7—9 |
East Finchley Community Trust Company No. 07385707 Trustees' Report For The Year Ended 30 September 2025
The trustees present their report and the financial statements for the year ended 30 September 2025.
Objectives and Activities
Aims and Objectives
The Charity is established for the public benefit within the area of Finchley and surrounding area within the London Borough of Barnet with the following objects:
The promotion for the benefit of the public of urban regeneration in areas of social and economic deprivation and particular in Finchley by all or any of the following means:
a. the relief of financial hardship;
b. the advancement of education, training or retraining, particularly among unemployed people, and providing unemployed people with work experience;
c. the maintenance, improvement or provision of public amenities and community development;
d. the provision of recreational facilities or other leisure time occupation for the public at large or those who by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances, have need of such facilities;
e. the protection or conservation of the environment;
f. the promotion of public safety and prevention of crime;
g. such other means as may from time to time be determined subject to the prior written consent of the Charity Commissioners for England and Wales.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the trust should undertake.
Reference and Administrative Details
Trustees
Mrs Kathleen Batten Catherine Brown Mrs Gail Coles Ms Alison Moore Mrs. Samira Tarjan Mrs Robina Spinks (resigned 12/11/2024) Mr Roger Chapman Ms Fiona Doyle (appointed 07/10/2025) Ms Katy Minshall (appointed 07/10/2025)
Charity Number
1141564
Company Number
07385707
Independent Examiner
Drazen Coric FFA FIPA TaxAssist Accountants FFA 209 High Road London N2 8AN
Page 1
East Finchley Community Trust Trustees' Report (continued) For The Year Ended 30 September 2025
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees' report was approved by the board of trustees and signed on its behalf by:
Catherine Brown
Trustee 24/06/2026
Page 2
East Finchley Community Trust Independent Examiner's Report to the Trustees of East Finchley Community Trust For The Year Ended 30 September 2025
I report to the charity trustees on my examination of the accounts of the Company for the year ended 30 September 2025.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
-
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
Drazen Coric FFA FIPA 24/06/2026 TaxAssist Accountants FFA 209 High Road London N2 8AN
Page 3
East Finchley Community Trust Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Raising funds 4 NET (EXPENDITURE)/INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8 |
Unrestricted funds £ - |
Restricted funds £ 29,916 |
2025 Total funds £ 29,916 |
2024 Total funds £ 91,709 |
|---|---|---|---|---|
| (1,120) | (203,147) | (204,267) | (20,805) | |
| (1,120) | (173,231) | (174,351) | 70,904 | |
| (1,120) 15,338 |
(173,231) 206,660 |
(174,351) 221,998 |
70,904 151,094 |
|
| 14,582 | 33,065 | 47,647 | 221,998 |
The notes on pages 7 to 9 form part of these financial statements.
Page 4
East Finchley Community Trust Comparative Statement of Financial Activities (including Income and Expenditure Account)
For The Year Ended 30 September 2025
| Notes INCOME AND ENDOWMENTS FROM: Donations and legacies 3 EXPENDITURE ON: Raising funds 4 NET INCOME NET MOVEMENT IN FUNDS RECONCILIATION OF FUNDS: Total funds brought forward TOTAL FUNDS CARRIED FORWARD 8 |
Unrestricted funds £ - |
Restricted funds £ 91,709 |
2024 Total funds £ 91,709 |
|---|---|---|---|
| (3,093) | (17,712) | (20,805) | |
| (3,093) | 73,997 | 70,904 | |
| (3,093) 18,842 |
73,997 132,252 |
70,904 151,094 |
|
| 15,338 | 206,660 | 221,998 |
The notes on pages 7 to 9 form part of these financial statements.
Page 5
East Finchley Community Trust Balance Sheet As At 30 September 2025
| Notes CURRENT ASSETS Cash at bank and in hand Creditors: Amounts Falling Due Within One Year 7 NET CURRENT ASSETS (LIABILITIES) TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds TOTAL FUNDS 8 |
Unrestricted funds £ 15,392 |
Restricted funds £ 33,065 |
2025 Total funds £ 48,457 |
2024 Total funds £ 222,808 |
|---|---|---|---|---|
| 15,392 (810) |
33,065 - |
48,457 (810) |
222,808 (810) |
|
| 14,582 | 33,065 | 47,647 | 221,998 | |
| 14,582 | 33,065 | 47,647 | 221,998 | |
| 14,582 | 33,065 | 47,647 | 221,998 | |
| 33,065 14,582 |
206,660 15,338 |
|||
| 47,647 | 221,998 |
For the year ending 30 September 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Catherine Brown
Trustee 24/06/2026
The notes on pages 7 to 9 form part of these financial statements.
Page 6
East Finchley Community Trust Notes to the Financial Statements For The Year Ended 30 September 2025
1. General Information
East Finchley Community Trust is a company limited by guarantee, incorporated in England & Wales, registered number 07385707 and registered charity number 1141564. The registered office is .
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 2015)", 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. Going Concern Disclosure
The trustees have identified material uncertainties related to events or conditions that may cast significant doubt about the charitable company's ability to continue as a going concern, however, the going concern basis remains appropriate.
2.3. Incoming Resources
Income is recognised when the trust is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the trust has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the trust has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods and services provided in the normal course of business, net of discounts, VAT and other sales related taxes.
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. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
3. Income from Donations and Legacies
| Donations and gifts Grants Other |
2025 Restricted funds £ - 29,316 600 |
2024 Restricted funds £ 47,673 43,290 746 |
|---|---|---|
| 29,916 | 91,709 |
Page 7
East Finchley Community Trust Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
4. Analysis of Expenditure
| 4. Analysis of Expenditure |
|||
|---|---|---|---|
| Raising funds Raising funds 5. Support Costs Governance costs General administration Governance costs 6. Average Number of Employees Average number of employees during the year was: NIL (2024: NIL) 7. Creditors: Amounts Falling Due Within One Year Trade creditors |
Activities undertaken directly £ 203,423 |
Support costs (see note 5) £ 844 |
2025 Total £ 204,267 |
| Activities undertaken directly £ 19,237 |
Support costs (see note 5) £ 1,568 |
2024 Total £ 20,805 |
|
| 2025 £ 810 |
2025 Raising funds £ 844 |
||
| 2024 Raising funds £ 745 823 |
|||
| 1,568 | |||
| 2024 £ 810 |
Page 8
East Finchley Community Trust Notes to the Financial Statements (continued) For The Year Ended 30 September 2025
8. Movement in Funds
| Unrestricted funds General: General unrestricted fund Restricted funds General restricted fund Total funds Unrestricted funds General: General unrestricted fund Restricted funds General restricted fund Total funds |
As at 1 October 2024 £ 15,338 206,660 |
Prior year adjustment £ 364 (364) |
Income £ - 29,916 |
Expenditure £ (1,120) (203,147) |
As at 30 September 2025 £ 14,582 33,065 |
|---|---|---|---|---|---|
| 221,998 | - | 29,916 | (204,267) | 47,647 | |
| As at 1 October 2023 £ 18,842 132,252 |
Prior year adjustment £ (411) 411 |
Income £ - 91,709 |
Expenditure £ (3,093) (17,712) |
As at 30 September 2024 £ 15,338 206,660 |
|
| 151,094 | - | 91,709 | (20,805) | 221,998 |
9. Transactions with Trustees
No trustee expenses have been incurred.
10. Related Party Disclosures
There were no related party transactions for the year ended 30 September 2025.
11. 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 9