Company Regislratlon Number: 08470208 Charlty Number: 1154307 IA company Ilmlt•d by gu•r•nt••, not h•vlng a tyharn ¢bpltsl) Annual Report and Unaudited Financial Statements for the financial year ended 31 July 2025 illiiiiiiill *AEYQ5LTZ' 2710312026 COMPANIES HOUSE A05
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{A ¢ompany limited by gu•ian¢•e, not ha¥lng • #har• c*plt•l} CONTENTS Pag? Trustees, and Other Information -Trustees' Annual.Report Statement of Trustees, Responsibilitie Independent Examiner's Report Statement of Financial Activities Summary Incorne and Expenditure Account Balance Sheet 10 Notes to the Financial Statemenls Supplementary Information relating to the Financial Slatements 17
(A company Ilmlt•d by guarantee, not havlng J share capital) TRUSTEES. AND OTHER INFORMATION Tru$lg0$ Dr David A. O Oloke Oluwaloyin Olaoluwa Dare Joel Noumi ChalrpersoTr Comfort Audu Company Secretary Lola Olayinka OLOKE Charlty Number In England and Wal¢$ 1154307 Company Reglstratlon Number 08470208 R•gl$terod Offlce and Prlnclpal Addres8 33 Thornbury Road Walsall WS2 8JJ England Indopendent Examlner UTHMAN KAY Chartered Certified Acct)unlant Independent Examiner 2nd floor 225- 229 SEVEN SISTERS ROAD
(A Company limited by guarantee, not having a shar* capital) TRUSTEES. ANNUAL REPORT for the financial year ended 31 July 2025 The trustees present their Trusteés. Annual Report. combining the Directors, Report and Trustees. Report, and the unaudited financial statements for th8 financial year ended 31 July 2025. The financial statements are prepared in accordance with the Companies Act 2006. FRS 102 The Financial Reporting Standard applicable in the UK and Rèpublic of Ireland" and Accounting and Reporting by Charities; Statement of Recommended Practice applicable lo charities preparing their financial statements in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102). The Twstees, Report contsins the infomation requir8d to b8 provid8d in the Trustees, Annual Report under the Slalemenl of Recommended Practice (SORP) guidelines. The trustees ol the charity are also charity trusteès for the purpose of charity law and under the charity's constitution are known as members of the board of trustees. In Ihis report the trustées of present a summary of ils purpose, govemancè, aclivilies, achievements and finances for the financial year 31 July 2025. The charlly is a r8gistered charity and hence the report and results are presented In a form which complies wlth the requirements of the Companies Acl 2006 and, although not obliged to comply with the Statement of Recommended Practice applicable in the UK and Republic of Ireland FRS 102, the Ofganisation has implemented ils recommendations where relevant in these financial slalemenls. Prlncipal Activlty AcliviliÈs of religious organisalions Ml$8lon, ObjectSv•8 and Strategy Mission Statement The Charity in the past 11 years has boen very successful in executing their objectives - e8peciolly as community impacting organisalion. Working with various partners, thé charity has been able lo secure lunding and professional support to cary out their objectives.11 is envisaged that more activlties almed at various sectors and sections of the community will be undertaken in the nearest future. Oble¢tlvo8 The chanty's oblecls {'Objecls') are specifically reslricled to the lollowing l To advance the Christian religion for the public benefit by enabling and encouraging the worship of God through Jesus Christ by Ihe holding of public c8lèbralion of servicés, prayer meelings and Christian conferencés bl lo provide a centre conducted according to Christian principles for the advancement of the Christian religion, for the advancement of education, the relief of nee¢J hardship or dislress and other charitable purposes for the general benefit of the inhabilanls of the neighbourhood of Walsall and surroundin9 areas Flnanclal Revlew The results for the financial year are sel out on page 8 and additional notes are provided showing income and expenditure in greater détail. Incom• Thè company Is a church and a place ol worship.The maln Income Is Tlth8s, donailons from members and Ihe public and Grft Aid refund donations received. Flnanclal Results At the end of the financial year the charity has assets of £924,239 (2024 - £597.996) and liabilities of £277.715 (2024 £1.800). The net assets of the charity hav8 increased by £50,328. Reserves Posltlon and Pollcy Roserves Policy The Irusle85 ensure the company has three months of funds available al all time.
LIFEGATE OUTREACH CENTRE LTD (A ¢omp#ny Ilmlt•d by guarantw. not havlnq a shaf• PIll1) TRUSTEES. ANNUAL REPORT for the financial year ended 31 July 2025 Trttee5 The trustees who 8eNed throughout the financial year. exc*pt as noted. were a8 follows: Dr David A. O Oloke Oluwatoyin Olaoluwa Dare Joel Noumi In accordance with the Constitutlon. the trustees retire by rotation and. belng eligible, offer themselves for r&ele¢tlon. The secrelary who aeryed during the financial yaar wa8.. Lola Olayinka OLOKE Complianc• with Se¢tor-Wido Leglslatlon and Standafds Thè charity engag88 pro-adively with legislation, standards and code8 which ar• daveped for the 8ecior. LIFEGATE OUTREACH CENTRE LTD subscribes to and is compliant with the lollowing: The Companies Act 2006 The Chariti08 SORP {FRS 102) Approved by th¢ Board of Trustths on • F•bTuary 2026 and slgned on Its beh•W by: avid A. O Olok• Dlr•¢tor
LIFEGATE OUTREACH CENTRE LTD IA ¢omp•ny limit by guaranto0. not hAvlng a shar• aapltAII STATEMENT OF TRUSTEES. RESPONSIBILITIES for the financial year ended 31 Juty 2025 The trustees. who are also direct¢)rs of LIFEGATE OUTREACH CENTRE LTD for the purposes of rnpanY law, are responsible for preparing the financial statements in acc4)rdance with applicable law and regulalions. Company law requires the trustées as the directors lo prepare financial statements for each financial year. Under that law the trustees have elected to prepare Ihe financial $lalemenls in accordance with United Kingdom Generally Accepted Aixounting Practice (United Kingdom A(xounts'ng Standards and applicable law) induding FRS 102 Vh8 Financial Reporting Standard appIlble in the UK and Republic of Ireland. Section 1A (Small Entities). Urmler company law Ihe trustees must not approve th8 financial statements unless they are satisfied that they give a true and lair view of Ihe 81ale of affair8 of the company and of the 8urplu8 or defi1 of the company for that period. In preparing these financial statements, the trustees are required to.. 6elect Suitab accounb'ng policies and apply them ¢onsislently,' make judgemonts and estimatès Ih8t are ieasonabl8 and prudenl; 8lat8 whethei the financial statements have been prepared acrdanCe wlth the relevant finanal reporting tramework. entIfy those Standard8, and notè Ihe eff8Ct and the reasons lor any material departure from those standards: and prep8re Ihe financAal sLeménts on the gotng (xJncYm basis Unle rt is inapprowiate to presum• that the charity will continue in operation. The tn16tees confjrm that they have mplied with the above requirements in preparing the financial statements. The trustees are responsible for keeping adequate aCuntIng records that are sufficient to show and explain Ihe charity's transadions and d18dos8 With reasonable accuracy al any limè Ihe financial position ol the charity and enable them to ensure that the financial statements comply wilh the Companies A( 21J06. They are also responsible for Safeguarding the 8SSéts of the and henea fijf taklng rna80nablo 8teps for the wovention and detectlon of fraud and other irregularities. Approv•d by tho Board of Tryst••s on g F•bruary 2028 and slgn•d on Its b•half by: r David A. O Olok• Oirr¢tor
IA company Ilrnlted by guarantee. not having a shafe capitall INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF We have examined the financial ststements of the Charity for the financial year ended 31 July 2025, which comprise the Statement of Financial Activities, the Summary Income and Expenditure Account, the Balance Sheet and the related notes. This report is made solely to the charlty's members, as a body. in accordance wlth Chapter 3 of Part 16 of the Companies Act 2006. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report lo the Board of Trustees thal we have done so. and slate those matters Ihal we have agreed lo state lo them in this report and for no other purpose. To the fullest exlenl permitted by law, we do not accept or assume responsibility to anyone other than the Charity and Ihe charity's members. as a body. lor our wo, or for this report. Respecliv? re8ponsibilitles tsf Iru8teos and oxaminer The charity's Iruslees (who are also the directors of the company lor the purposes of Company lawl are responsible for the preparation of the finanGial statements in accordance with the requirements ol the Companies Act 2006. The Charity's trustees consider that an audit is not required for Ihis financial year under Chapter 3 of Part 16 of the Companies Act 2006 and Ihal an independent examination is required. 11 is our responsibility to: examine the financial statements under sedion 145 of the Act; follow the procedures laid down by the general Directions given by the Charily Commission under section 145(5) of the Charitles Acl 2011; and slate whether particular matters have come lo our attention. Ba81s of Independent examlnerfs report Our examination was carried out in accordance with the general Directions given by the Charity Commission. An examlnation includes a review of the a¢¢ounling records kept by the charity and a comparlson of the financial stslements presented wlth those records. It also Includes consideration of any unusual ilems or disclosures in the financial statemer)ts and seeking explanations from the trustees concerning any Such matters. The procedures undertaken do not provide all the eviden¢8 thal would be required in an audit and consequently no opinion is given as lo whether th8 accounts presenl a 'true and fair, vl8w and th8 report Is limited to those matters set out in the statement below, Independent examiner'$ Statèment In connection with our examination, no matter has come to our attention which gives us cause lo believe that in. any malerial respect, accounting records were not kept In accordance wllh section 386 of the Companles Acl 2006 the financial slalemenls do not accord with those accounting records Ihe financial slalemenls do not comply with the accounting reguirements ol the Charities AGI the financial slalements have not been prepared in acGordanc& with Ihe accounting requirements of section 396 of Ihe Companies Act 2006 and wilh the methods and principles of the Slalemenl of Recommended Practice applicable lo charities preparing their accounts in accordance wilh the Financial Reportin9 Standard applicable in the UK and Republic of Ireland IFRS1021 there is further Information needed for a proper understanding of the accounls to be reached. We have no concems 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 financial statements lo be reached. S K OLAOYE FCCA UTHMAN KAY CHARTERED CERTIFIED ACCOUNTANT Independent Examiner 2nd floor 225- 229 SEVEN SISTERS ROAD Dale: 9 February 2026
IA company limited by gyarantee. not having a share capital} STATEMENT OF FINANCIAL ACTIVITIES for th8 financial year ended 31 July 2025 Unreslrlctsd Restrlcted Funds Funds 2025 2025 Total Unrestricted Reslri¢led Funds Funds Funds 2025 2024 2024 Total Funds 2024 Notes Incomè Donations and legacies Other income 167,577 8,313 44,309 43,605 211,886 51,918 206,927 205,419 206,927 227,367 21,948 Total In¢om• 175,890 87.914 263,804 412,346 21,948 434,294 Expendlture Raising lunds Charitable activities Other expendilure 5,853 818 9,826 5,853 197,798 9,826 2,277 200.074 21,943 9.365 24,220 209,439 196,980 Total Expenditure 196,980 16,497 213,477 202,351 31.308 233,659 Net Incomel(expendltur•) (21,090) 71,417 50.327 209,995 19,360) 200.635 Transfers between lunds (9.360) (9,360) Net movement In fund8 for the financlal year (21,090) 71,417 SO,327 200.635 (9.3601 191,275 Reconciliation of funds: Total funds beginning of the year S96,197 596,197 395,561 9.360 404,921 Total funds at lh• ond of the year 575,107 71,417 646,524 596,196 596,196 The Statement of Financial Activities includes 811 gains and lossès recognisèd in the financial year. Al Income and expenditure relate to continuing activities, Th8 notes on pages 1110 15 form part of the financial ststements
LIFEGATE OUTREACH CENTRE LTD IA oompany Ilmlt•d by quorant••. nol having • shar• c•pitsl) SUMMARY INCOME AND EXPENDITURE ACCOUNT for the financial year ended 31 Juty 2025 8tatem•nt Flnancial A¢tivities 2025 2024 Gross income Unrestrided funds Re8trided funds 176.890 87,914 283.804 Totsl incom• Total expenditur• 283,804 (213,477) 434,294 (233.659) Net I1Orn{CndItUre1 $0,327 200,635 The charrty has no recognised gains or losse6 other than the surplus for the financial year. The results for the financial year have been calculgted on the historical c¥J8t ba8iS. The notes on page$ 11 to 15 fomi part ofthe finan¢ial stalen*nts
LIFEGATE OUTREACH CENTRE LTD (A oomwny Ilmtt•d by gu•rnnt••. not h•vlno a 8hw• •all Compary NumbgT: I)8470208 BALANCE SHEET as al 31 July 2025 2026 2024 Notss Flxed As5•ts Tangible a88Ots 725,000 Current Assets Cash at bank and in hand 199,239 597,998 Cfedltors: Amounts falling due wlthln one yoar 10 11,978) (1,800) N•t.Curr•nt Ass•ts 197,261 596,198 Total Assets1•ss Cuir•nt Llablliti•s 922,261 596.196 Cr•dltorn Amount6 falling due after mor8 than one year 11 1276,7371 Total N•t Assets 846,624 596,196 Funds Restricted fund8 General fund (unrestricted) 71,417 576,107 596,196 Total funds 846,624 596,198 These finandal statements have been prepared in ao>xdance with SPal provislons Telating lo small companies wrthin Part 15 of the Companle8 Act 2008. For the Ilnancial year ended 31 July 2025 the charity was entitled to exemption from audil under section 477 of the Companies Ad 2006: and no notlce t8 been deposlted under secllon 476. The trustoe8 conkn thal the mombern havo nol requiTed tho company io obtain an audit of its financial Statements for the financial year in queslion in a¢cordanc• with section 476 01 the Companies Act 2006. The truslees adtnowledge thelr re8p0n81bi1it for ensuring Ihat the thanty keeps 8ecounting recnrds whith cA)mply wrth Sectron 386 and for weparina finanoal 8tatements which gwe a true and fair of the Btsle of affaiT8 of thè charity as at the end of the financial year and of ils profit and 1088 for the finanaal year in accordance with the requirements ol sections 394 and 395 and which otherwise comply with the requiremenls of the Companies Acl 2006 relating to financlal statements, so far as applicable to the charity. The financ4al 8taternent8 have boen prepared in aCCoance with tho provlsions appIlble to companie8 8ubJ'ec to the small companies regime and in accordance wilh FRS 102 The Financial Reporting Standard applicable in the UK and Republic ol Ireland" apptying Sedion IA of that Standard. Approv•d by th• Board of Trust••8 and auth•ris•d for Issu• on 9 F•bru•ry 2026 and slgn•d on Its b•h•lf by vid A. O Oloke Director The notes on pages 11 to 15 fom part of the finanoal statements 10
(A company limit•d by guarantee, not havlng a share capital) NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2025 GENERAL INFORMATION is a company limited by guarantee incorporated in England, The registered office of the charity is 33 Thombury Road, Walsall, WS2 8JJ. England which is also Ihe principal place of business of the charity. The financial statements have been presented in Pound (£> which is also the functional currency of the charity- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The following accountin9 policies have been applied wnsislently in dealing with items which are considered material in relation to the charity's financial statements. Basis of preparation The financial statements have been prepared on the going concern basis under the historical cost convention. modified to include certain items al fair value. The finan¢ial statements have been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable In Ihe UK and Republic of Ireland FRS 102. applying Section 1A of that Standard. As permitted by the Companies Act 2006, the charity has varied the standard fofmats in that act for the Slalemenl of Financial Activities and Ihe Balan¢6 Sheèt. Departurés from the standard formals arè lo comply with the requirements of Ihe Charities SORP and are in Compliance with section 4.7. 10.6 and 15.2 of that SORP. Statement of complianco The financial stalements of the chariiy for the financial year ended 31 July 2025 have been prepared on the going concern basis and in accordance with the Slalemenl of Recommend6d Practice {SORPI "Accounting and Reporting by Charilies prep8rin9 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland FRS 102., applying Section 1A of that Slandard. Fund accounting The following are the categories of funds maintained: Ro8trlctgd fund8 Restricted funds represent income received whlch can only be used for partlcular purposes. as speafied by the donors. Such purposes are within the overall objectives ol the charity. Unreslrl¢t•d funds Unreslricled funds consisl ol General and Deslgnaled funds. General funds repr8sent amounts which are expendable at the dls¢retion of the board, in furtherance of the objectives of the charity. Designated funds comprisè unrestricted funds that the board h8s. at its discretion. set aside for particular purposes. These designations have an administrative purpose only, and do not legally restrict the board's discretlon to apply the lund. Income Income is recognised by inclusion in the Statement of Financial Activities only when the charity is legally enlilled to the income, performance conditions attached to the ilemls) of income have been met, the amounls involved can be measured with sufficient reliabllity and il is probable that Ihe income will be received by the charity. Income from charitable activilies Income from ¢haritable activilles include income eamed from the supply of services under contradual arrangements and from perf0mlan related grants which have conditions that specify the provision of particular service5 to be provided by the charity. Income from governrnent and other CO•funders is recognised when the charity Is legally entitled to the income because it is fulfilling the conditions contained in the r81aled funding agreements. Where a grant is received in advance. its recognition is deferred and induded in creditors. Where entitlement occurs before income is received, it is accrued in debtors. Grants from govemments and other CO•funders typlcally include one of the following types of conditions: Performance based conditions.. whereby the charity is contractually entitled lo funding only to the exlenl that the core objectlV8s of the grant agreement are achieved. Where the charity is meeting the core objectives of a grant agreement, it recognises the related expenditure. lo the extent that it is reimbursable by the donor, as 11
continued (A c¢mpany limltèd by guarantee, not havlng a share capltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2025 income. -Time based conditions: whereby the charity is contractually enliued to funding on the condition that it is ulilised in a particular period. In Ih8se cases the charity recognises the incom8 to the exlenl it is utilised within the period specified in the agreement. In the absencè of such condillons, assuming thal recelpl is probable and the amount can be rellably measured. grant income is recognised once the charity is notified of entitlemenl. Grants received towards capital expenditure are credited to the Statement of Financial Acllvities when rèceived or recèivable. whichever is earfier. Expendlture Expenditure is analysed belween costs of charitablè activities and raising lunds. Th8 costs of each activity are separalaly accumulated and disclosed, and analysed according to their major components. Expenditure is recognised when a legal or constructive obligation exists as a result of a past evenl, a transfer of economic benefits Is rèquired in settlement and the amount of the obligation can be reliably measured. Support costs are those functions that assist the work of th8 charity bul cannot be attributed to one aGlivity. Such costs are allocated to activities in proportion to staff time spent or oiher suitable measure for each activity. Tanglble fixed assels and depreclatlon Tangible fixed assets are slated al cost or al valuation, less accumulated depreciation. The charge to d8preciation is calculated lo write off the original cost or valualion of tangible fixed assets, less their eslimaled residual value, over their expected useful lives as lollows- Land and buildings freehdd Fixture$, fittings and equipmenl 25% - Straight line 2S% - Straight line Cash at bank and In hand Cash al bank and in hand comprlses cash on deposit at banks fequirlng lèss Ihan three months notlce of withdrawal. Taxalion and deferred taxatlon No current or deferred taxats'on arises as tl.)e charity has been granted charitable exemption. Irrecoverable valued added lax is expensed 8s incurred. Defeffed tax is recognised in respect ol all liming differences that have orlginated but nol reversed at tha balance sheet dale where Iransacllons or evènts have occurred at that dale that will resull In an obligation to pay more lax in the future, or a right lo pay less lax in the fulure. Timing differences are temporary differences between the charity's laxable income and its results as stated in the financial 8taternenls. Deferred tax is measured on an undiscounted basis at the lax rates Ihal are anticipated to apply in the periods in whlch the timing différ8nc8S are expected lo r8v8rsè, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet dale. INCOME DONATIONS AND LEGACIES Unrestricted Restricted Funds Funds 2025 2024 Donations and Offerings Tithes Endowments 117,547 50.030 117,547 50,030 44,309 177.165 29,762 44.309 167.577 44,309 211,886 206,927 12
continued (A company Ilmlled by guarantee, not havlng a shar? ¢apltall NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 July 2025 OTHER INCOME Unrnstricled Reslricted Funds Funds 2025 2024 Other income Education - Commwealth 8,313 43,605 51,918 205,419 21.948 8.313 43,605 51,918 227.367 EXPENDITURE RAISING FUNDS Dlrect Costs Other Costs Support Costs 2025 2024 Bulldlng Funds Building repairs Trade and professlonal joumals (5,803) 27,746 2,277 5,853 5,853 5,853 5,853 24.220 CHARITABLE ACTIVITIES Direcl Co8t8 Other Costs Support Costs 2025 2024 Wag8s and Salarles Pensions Rates Insurance Water rales Sundry expenses Employer NIC Llght and heat Subscriptions General expenses Staff welfare Equlpmenl repalrs and renewals Charitable donations Telephone Computer costs Independent examiners fee Volunteers Casual wages Rent Payable Govemance Costs (Note 4.41 89,698 2,130 1,028 2,599 1,300 568 89,698 2,130 1,028 2,599 1,300 818 13,105 7,068 3,882 92,691 1,434 33.669 1,994 1,550 325 7,824 8,711 250 13,105 7,068 3,882 25,480 16,809 <3,848) 8,315 6,315 1.598 1,598 1,087 574 5,000 14.713 528 528 49,097 49,097 15,929 15,929 2,702 1,252 1,450 1,426 181,212 14,608 1,978 197,798 209,439 OTHER EXPENDITURE Dlrect Costs Olher Cosls Support Costs 2025 2024 Legal and Professional Fees Barclays Loan Interest 3,118 6,708 3,118 6.708 9,826 9.826 13
continued IA Company Ilmlt•d by guarant•e. not haylng a Sharo c*pltall NOTES TO THE FINANCIAL STATEMENTS lor the financial year ended 31 July 2025 GOVERNANCE COSTS Dlroct Costs Other Costs Support Costs 2025 2024 Accounlancy 1,252 1,450 2,702 1,426 SUPPORT COSTS Charltablo Governanco Activitlès Costs 2025 2024 Support 528 1,450 1.978 2,000 NET INCOME 2025 2024 Net Income is stated aftor charglngllcredltlng): Independent Examinerfs remuneralion.. independent examination serwices 528 574 INVESTMENT AND OTHER INCOME 2025 2024 Other inler8st 6,593 6,241 INTEREST PAYABLE AND SIMILAR CHARGES 2025 2024 Intèrest payable >2yrs<5yrs 6,708 EMPLOYEES AND REMUNERATION The staff costs comprise.. 2025 2024 Wa9es and salaries Social security cosls Pension cosls 138.795 12.905 2,000 112,404 7.824 1,434 153,700 121.662 TANGIBLE FIXED ASSETS Land and Fixtures, buildings fittings and freehold equlpment Total Cost At 1 August 2024 Additions 54,166 54.166 725.000 725.000 At 31 July 2025 725,000 54,166 779.166 Depreclallon At 31 July 2025 54,166 54,166 Net book value At 31 July 2025 725.000 725,000 14
contlnued {A company Ilmlled by guarantee, not havlng a share capllall NOTES TO THE FINANCIAL STATEMENTS lor the financial year ended 31 July 2025 A new l)uilding was purchased. 10. CREDITORS Amounts falling due wlthln one year 2025 2024 Ac¢ru8ls and deférred income 1.978 1,800 11. CREDITORS Amounts falllng du• after mor• than one year 2025 2024 Bank loan 275,737 Repayable In five years or more 275,737 12. RESERVES 2025 2024 At the beginning of the year Surplus ft)r thè financial year 596.196 50,328 404,921 200,635 At the end of the year fA6,524 605.556 13. STATUS The charity Is a company limited by guarantee not having a share capital. The liability ol Ihe members is limiled. Every member of the company undertakes lo contribute lo the assets of the company in the event of its being wound up while they are members, or within one financial year thereafter, for the payment of the debts and liabilities ol the company ¢onlracled before they ceased lo be members, and the costs, charges and expenses ol winding up. and for the adjuslmenl of the rights of Ihe contributors among themselves, such amount as may be required, not excèeding £ 10. 14, POST-BALANCE SHEET EVENTS There have been no slgnlficant evenls affectln9 the Charity since the financlal year-end, 15
(A company limited by guarants•, not having a shar• Capital) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 JULY 2025 16
(A company IlmS¢•d by guafantè•, not havlng a shar• capltal) SUPPLEMENTARY INFORMATION RELATING TO THE FINANCIAL STATEMENTS Operating Slatement for the financial year ended 31 July 2025 2025 2024 Income 256,791 438,904 Cost ol genorallng fund8 Building repairs Trade and professional journals 5,853 27.746 2,277 5,853 30,023 Gross surplus 250,938 408,881 Expenses Wages and salaries Social security costs Staff defined contribution pension costs Sundry expenses Rent payabla Rates Insurance Water rates Light and heat Equipment repairs and renewals Telephone Computer costs Legal and professlonal A¢¢ounlancy Slaff welfare Subscriptions Independent examlner's lee Chantable donations 138,795 12,905 2,000 728 15,929 1,028 2,599 1,300 7,068 6,315 1,598 112,404 7,824 1,434 325 33,669 1,994 1,550 8.711 16,809 1.087 3,118 2.702 1.426 25,480 3,882 528 574 1,200 200,495 214,487 Flnance Other interest 6,708 Mlscellanoous Incom¢ Other Interest 6,593 6.241 Net surplus 50,328 200.635 The supplementary information does not fom part of the financial slatements 17