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← Inclusion London

2025-03-31-accounts

Company registration number 06729420 (England and Wales) Charity registration number 1157376 (England and Wales)

INCLUSION LONDON

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

INCLUSION LONDON

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mx A Gallagher
Mr A Gabsi
Mx I R F Ayling
Dr K Kanodia
Mr S M Bunbury
Mr P Hawkins
Miss S A Kleanthous (Appointed 29 January 2025)
Miss O A Igbinoba (Appointed 29 January 2025)
Secretary Ms T C Lazard
Country of incorporation United Kingdom 06729420
(England and Wales)
Charity registration England and Wales 1157376
Registered office 336 Brixton Road
London
SW9 7AA
Auditor Haines Watts Swindon Limited
Old Station House
Station Approach
Swindon
Wiltshire
SN1 3DU

INCLUSION LONDON

CONTENTS

Page
Trustees' report 1 - 5
Independent auditor's report 6 - 8
Statement of financial activities 9
Statement of financial position 10
Statement of cash flows 11
Notes to the financial statements 12 - 24

INCLUSION LONDON

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2025

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

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charitable company's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)".

Objectives and activities

Objectives and aims

Inclusion London was established in 2008. In the period April 2024 to March 2025, we continued to work with 70 + Deaf and Disabled Peoples Organisations (DDPOs) in London, all run by and for Deaf and Disabled people. We developed and delivered a range of vital DDPO capacity building / infrastructure support with over 1,236 attendees from London DDPOs taking part in a total of 145 training, events and forums, all of which were focused on supporting and strengthening DDPOs work and influence. We continued to enable DDPOs to have a regional and national voice and influencing role on disability equality issues through our grassroots campaigning and the setting up and support of strategic forums where DDPOs and policymakers work together. All our work over the year was made possible by funding from Three Guineas Trust, Trust for London, National Lottery Community Fund, Oak Foundation and Propel / The City Bridge Foundation. This report covers this period and outlines plans for future work.

Our Vision

We want to make London and the UK a better place for Disabled people. We want to get rid of the barriers and discrimination Disabled people face and help create a fully inclusive and accessible city and nation that values, respects and includes us , where all Disabled people can thrive and contribute.

Our Mission

Inclusion London wants to build the power of our community, Disabled people individually and collectively, because we believe, and history shows us, that Disabled people starting and leading the change we need is the best way for us to dismantle disablism and achieve justice, equality and inclusion. We work to:

Our Strategic aims

  1. Building voice and influence: To support Disabled people and DDPOs to have a collective and influential voice so that our human rights are respected and upheld, disabling and structural barriers are removed and we have the resources and support we need to live decent lives with the same opportunities as others.

1. Support and strengthen DDPOs: To provide a range of organisational support services that build the skills, knowledge, reach, capacity and sustainability of London DDPOs and the people working in our sector.

2. Building our movement: To provide a range of peer networking support to enable Disabled people and DDPOs to work together to build peer support and solidarity.

INCLUSION LONDON

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Public benefit

In setting its aims and objectives the trustees confirm they have had due regard to guidance published by the Charity Commission on public benefit.

Achievements and performance

Charitable activities

Campaigns, Policy and Justice work:

Inclusion London continued to deliver a range of influential campaigns, policy and justice work that raised the profile and understanding of disability equality issues and the needs, views, experiences and aspirations of Disabled people. Specific achievements over the year included:

INCLUSION LONDON

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Strategic capacity building support to London's DDPO's:

We continued to deliver a range of bespoke and accessible capacity building support to over 70 London DDPOs. Specific achievements included:

Financial review

The financial position of the charity at the year-end is set out on page 12. Inclusion London's total income for the financial year was £1,267,958. Our expenditure totalled £1,154,574 and our unrestricted reserve (free reserves), excluding tangible fixed assets, was £538,996.

A key strategic objective continues to be the diversification and expansion of our funding base with a focus on securing further Charitable Trust funding for additional strategic capacity building support work.

Reserves policy

Reserves policy

Total reserves at the year-end amounted to £1,005,242 of which £454,148 represented restricted reserves.

The Trustee's reserves policy in accordance with the Charity Commission guidelines is to maintain total free unrestricted reserves, excluding the element which relates to tangible fixed assets, at a level between six and nine month's operating costs in order to provide the charity with some ability to cope with unforeseen expenditure and for interruptions in income flows. Based on 2024/25's expenditure, the monthly operating costs (excluding subcontractor costs) amount to circa £57,000. The charity's total free reserves, excluding tangible fixed assets, as of 31st March 2025 was £538,996 (2024 : £442,969). Of this £150,000 of the unrestricted free reserve has been designated for funding towards additional sick leave cover, recruitment costs, staff well-being support, staff professional development support, access costs and planned improvements to our IT and communications systems and an office move.

INCLUSION LONDON

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Plans for future periods STRATEGIC REPORT

Work for 2025-2026 will focus on implementing our new 3-year Strategic business plan with the aim of consolidating and developing our DDPO organisational and movement building infrastructure support and building our campaigns, justice and policy work. Key areas of activity include:

Structure, governance and management

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mx A Gallagher
Mr A Gabsi
Mr T A Lichy (Resigned 10 March 2025)
Mx I R F Ayling
Ms N J South-Law (Resigned 26 March 2025)
Dr K Kanodia
Ms V Charbit (Resigned 9 September 2025)
Mr S M Bunbury
Mr P Hawkins
Miss S A Kleanthous (Appointed 29 January 2025)
Miss O A Igbinoba (Appointed 29 January 2025)

Recruitment and appointment of trustees

Statement of trustees' responsibilities

The trustees, who are also the directors of Inclusion London for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.

In preparing these financial statements, the trustees are required to:

INCLUSION LONDON

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Auditor

In accordance with the company's articles, a resolution proposing that Haines Watts Swindon Limited be reappointed as auditor of the company will be put at a General Meeting.

Disclosure of information to auditor

Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information.

The trustees' report was approved by the Board of Trustees.

.............................. Mr A Gabsi

Trustee

22.12.2025 Date: .............................................

INCLUSION LONDON

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF INCLUSION LONDON

Opinion

We have audited the financial statements of Inclusion London (the ‘charitable company’) for the year ended 31 March 2025 which comprise the statement of financial activities, the statement of financial position, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

INCLUSION LONDON

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF INCLUSION LONDON

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report included within the trustees' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charitable company for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

INCLUSION LONDON

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF INCLUSION LONDON

We obtained an understanding of the legal and regulatory framework applicable to both the company itself and the industry in which it operates. We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statements from our sector experience and through discussion with the directors and other management. The most significant were identified as the Companies Act 2006, UK GAAP (FRS102) and relevant tax legislation.

We considered the extent of compliance with those laws and regulations as part of our procedures on the related financial statements. Our audit procedures included:

Despite the audit being planned and conducted in accordance with ISAs (UK) there remains an unavoidable risk that material misstatements in the financial statements may not be detected owing to inherent limitations of the audit, and that by their very nature, any such instances of fraud or irregularity likely involve collusion, forgery, intentional misrepresentations, or the override of internal controls.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Martin Gurney FCA (Senior Statutory Auditor)

For and on behalf of Haines Watts Swindon Limited, Statutory Auditor Chartered Accountants Old Station House Station Approach Swindon Wiltshire SN1 3DU Date: .........................

INCLUSION LONDON

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and legacies
2
79,703
1,165,406
Other income
3
22,849
-
Total income
102,552
1,165,406
Expenditure on:
Charitable activities
4
79,008
1,074,980
Other expenditure
8
586
-
Total expenditure
79,594
1,074,980
Net income
22,958
90,426
Transfers between
funds
76,429
(76,429)
Net movement in
funds
5
99,387
13,997
Reconciliation of funds:
Fund balances at 1 April 2024
451,707
440,151
Fund balances at 31 March
2025
551,094
454,148		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
1,245,109
107,270
1,149,780
22,849
25,020
-
1,267,958
132,290
1,149,780
1,153,988
91,015
926,260
586
-
-
1,154,574
91,015
926,260
113,384
41,275
223,520
-
58,319
(58,319)
113,384
99,594
165,201
891,858
352,113
274,950
1,005,242
451,707
440,151		 Total
2024
£
1,257,050
25,020
1,282,070
1,017,275
-
1,017,275
264,795
-
264,795
627,063
891,858

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

INCLUSION LONDON

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

2025 2024
Notes £ £ £ £
Fixed assets
Tangible assets 9 12,098 8,739
Current assets
Debtors 10 97,306 101,181
Cash at bank and in hand 1,033,518 1,044,089
1,130,824 1,145,270
Creditors: amounts falling due within 11
one year (137,680) (262,151)
Net current assets 993,144 883,119
Total assets less current liabilities 1,005,242 891,858
The funds of the charitable company
Restricted income funds 14 454,148 440,151
Unrestricted funds 15 551,094 451,707
1,005,242 891,858

22.12.2025 The financial statements were approved by the trustees on .........................

.............................. Mr A Gabsi Trustee

INCLUSION LONDON

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash (absorbed by)/generated from
operations
18
Investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Net cash generated from financing activities
Net (decrease)/increase in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
£
(3,395)
(7,176)
(7,176)
-
(10,571)
1,044,089
1,033,518		 2024
£
£
326,270
(2,393)
(2,393)
-
323,877
720,212
1,044,089

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Inclusion London is a private company limited by guarantee incorporated in England and Wales. The registered office is 336 Brixton Road, London, SW9 7AA.

1.1 Basis of preparation

The financial statements have been prepared in accordance with the charitable company's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)". The charitable company is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charitable company has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.

1.4 Income

Income is recognised when the charitable company 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.

Legacies are recognised on receipt or otherwise if the charitable company 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.

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings

25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charitable company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charitable company's balance sheet when the charitable company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Derecognition of financial liabilities

Financial liabilities are derecognised when the charitable company’s contractual obligations expire or are discharged or cancelled.

1.10 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

1.11 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charitable company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.12 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

2 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
79,703
-
Grants
-
1,165,406
79,703
1,165,406
Grants
City Bridge Foundation
Corner Stone 19081 &
CTC 16002
-
78,330
London Funders
-
21,500
NLCF-20227271 DDPOs
Voice & Influence
-
204,803
Oak Foundation 24-022 &
21-138
-
165,693
Propel & Propel Advice
Project
-
366,830
Three Guineas Trust
Fund
-
180,000
Trust For London FMB
-
27,750
Three Guineas FOPC
-
37,500
Trust For London (SVRR)
-
-
Trust For London -
Stronger Voices
-
83,000
-
1,165,406		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
79,703
86,520
-
1,165,406
20,750
1,149,780
1,245,109
107,270
1,149,780
78,330
-
242,440
21,500
-
20,000
204,803
-
-
165,693
-
123,000
366,830
-
376,340
180,000
-
184,000
27,750
-
-
37,500
-
75,000
-
-
46,000
83,000
20,750
83,000
1,165,406
20,750
1,149,780		 Total
2024
£
86,520
1,170,530
1,257,050
242,440
20,000
-
123,000
376,340
184,000
-
75,000
46,000
103,750
1,170,530

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

3 Other income

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Other income 22,849 25,020

4 Expenditure on charitable activities

Support of Support of
DDPO's DDPO's
2025 2024
£ £
Direct costs
Staff costs 624,595 522,690
Depreciation and impairment 3,231 2,640
Other staff costs 19,597 18,831
Events & DDPO'S Resources 109,611 52,414
DDPO's sub-contractors costs 44,842 140,280
Project training and consultancy costs 201,677 137,812
Training and consultancy costs 38,317 51,232
Office cost 75,745 68,018
Phone and IT cost 22,285 10,184
Miscellaneous 653 669
1,140,553 1,004,770
Share of support and governance costs (see note )
Governance 13,435 12,505
1,153,988 1,017,275
Analysis by fund
Unrestricted funds 79,008 91,015
Restricted funds 1,074,980 926,260
1,153,988 1,017,275
5 Net movement in funds 2025 2024
£ £
The net movement in funds is stated after charging/(crediting):
Fees payable for the audit of the charity's financial statements 4,200 4,260
Depreciation of owned tangible fixed assets 3,231 2,640
Loss on disposal of tangible fixed assets 586 -

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charitable company during the year.

Two Trustees received travel and accommodation expenses of £2,550.66 during the year (2024: £2,785 was paid to one Trustee for travel expenses).

7 Employees

The average monthly number of employees during the year was:

Delivery staff
Administrative
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs
The number of employees whose annual remuneration was more than £60,000
is as follows:
£60,001 to £69,999
£80,001 to £89,999
Remuneration of key management personnel
The remuneration of key management personnel was as follows:
Aggregate compensation		 2025
Number
11
4
15
2025
£
546,202
52,017
26,376
624,595
2025
Number
1
1
2025
£
159,889		 2024
Number
10
3
13
2024
£
458,202
42,960
21,528
522,690
2024
Number
1
-
2024
£
71,306

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity.

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

8 Other expenditure

Unrestricted Unrestricted
funds funds
2025 2024
£ £
Net loss on disposal of tangible fixed assets 586 -
9 Tangible fixed assets
Fixtures and
fittings
£
Cost
At 1 April 2024 22,315
Additions 7,176
Disposals (1,850)
At 31 March 2025 27,641
Depreciation and impairment
At 1 April 2024 13,576
Depreciation charged in the year 3,231
Eliminated in respect of disposals (1,264)
At 31 March 2025 15,543
Carrying amount
At 31 March 2025 12,098
At 31 March 2024 8,739
10 Debtors
2025 2024
Amounts falling due within one year: £ £
Trade debtors 18,265 23,027
Prepayments and accrued income 79,041 78,154
97,306 101,181

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2025

11
Creditors: amounts falling due within one year
2025
Notes
£
Other taxation and social security
34,115
Deferred income
12
27,750
Trade creditors
64,797
Other creditors
7,018
Accruals
4,000
137,680
12
Deferred income
2025
£
Other deferred income
27,750
Deferred income is included in the financial statements as follows:
2025
£
Deferred income is included within:
Current liabilities
27,750
Movements in the year:
Deferred income at 1 April 2024
173,233
Released from previous periods
(173,233)
Resources deferred in the year
27,750
Deferred income at 31 March 2025
27,750
13
Retirement benefit schemes
2025
Defined contribution schemes
£
Charge to profit or loss in respect of defined contribution schemes
26,376		 2024
£
12,062
173,233
51,197
2,806
22,853
262,151
2024
£
173,233
2024
£
173,233
52,680
(52,680)
173,233
173,233
2024
£
21,528

The charity makes pension contributions to a group personal pension plan on behalf of its employees. Contributions are charged to the SOFA as incurred.

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

City Bridge Foundation -
Making it work
Three Guineas Trust Fund
TGT571
Three Guineas Trust TGT671
Crowd Justice Funding
Network For Social Change
NLCF-Hate Crime
NLCF 20227271
Trust For London (SVRR)
Trust For London-Stronger
Voices
Trust For London (FMB)
City Bridge Foundation London
Funders
City Bridge Foundation LCRF
Three Guineas-COVID
City Bridge Foundation- Corner
Stone
City Bridge Foundation- CTC
Greater London Authority-
Digital Tools
Oak Foundation 21-238
Oak Foundation 24-022
Three Guineas Trust -FOPC
CITY Bridge Foundation-Propel
Propel Advice Project		 At 1 April
2024
Incoming
resources
Resources
expended
£
£
£
18,763
-
-
44,302
-
-
-
180,000
(152,590)
9,570
-
-
12,734
-
-
9,690
-
-
-
204,803
(144,540)
11,529
-
-
16,612
83,000
(80,913)
-
27,750
(2,257)
22,412
21,500
-
1
-
-
25
-
-
54,192
8,200
(24,776)
32,064
70,130
(54,508)
7,436
-
(5,420)
44,639
-
(21,715)
-
165,693
(123,250)
65,590
37,500
(57,171)
74,892
332,400
(366,030)
15,700
34,430
(41,810)
440,151
1,165,406
(1,074,980)		 Transfers
At 31 March
2025
£
£
-
18,763
(44,302)
-
-
27,410
-
9,570
-
12,734
(9,690)
-
-
60,263
-
11,529
-
18,699
-
25,493
(22,412)
21,500
-
1
(25)
-
-
37,616
-
47,686
-
2,016
-
22,924
-
42,443
-
45,919
-
41,262
-
8,320
(76,429)
454,148

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

14
Restricted funds
Previous year:
City Bridge Foundation -
Making it work
Three Guineas Trust Fund
TGT571
Merton CIL T4L
Crowd Justice Funding
Network For Social Change
NLCF-Lived Experience
Leadership
NLCF-Hate Crime
Trust For London (SVRR)
Trust For London-Stronger
Voices
City Bridge Foundation- London
Funders
City Bridge Foundation-
Stepping Stones
City Bridge Foundation- LCRF
Greater London Authority
Three Guineas Trust -COVID
support
City Bridge Foundation- Corner
Stone 19081
City Bridge Foundation- CTC
16002
Greater London Authority-
Digital Tools
Oak Foundation 21-238
Three Guineas Trust -FOPC
City Bridge Foundation- Propel
20005
Greater London Authority-
Digital Tools		 At 1 April
2023
Incoming
resources
Resources
expended
£
£
£
18,763
-
2
13,821
184,000
(139,698)
1,604
-
-
9,570
-
-
19,452
-
(6,720)
5,111
-
-
23,459
-
(13,769)
8,926
46,000
(43,397)
14,867
83,000
(81,255)
27,755
20,000
(10,343)
13,083
-
-
1
-
-
9,700
-
-
25
-
-
17,202
165,300
(128,310)
3,706
77,140
(48,782)
27,180
-
(19,744)
15,225
123,000
(93,586)
45,500
75,000
(54,910)
-
326,600
(251,708)
-
49,740
(34,040)
274,950
1,149,780
(926,260)		 (Continued)
Transfers
At 31 March
2024
£
£
-
18,765
(13,821)
44,302
(1,604)
-
-
9,570
-
12,732
(5,111)
-
-
9,690
-
11,529
-
16,612
(15,000)
22,412
(13,083)
-
-
1
(9,700)
-
-
25
-
54,192
-
32,064
-
7,436
-
44,639
-
65,590
-
74,892
-
15,700
(58,319)
440,151

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources Transfers At 31 March
2024 resources expended 2025
£ £ £ £ £
Designated funds 150,000 - - - 150,000
Transfer from restricted funds - - - 76,429 76,429
General funds 301,707 102,552 (79,594) - 324,665
451,707 102,552 (79,594) 76,429 551,094
Previous year: At 1 April Incoming Resources Transfers At 31 March
2023 resources expended 2024
£ £ £ £ £
Designated funds - - - 150,000 150,000
General funds 352,113 132,290 (91,015) (91,681) 301,707
352,113 132,290 (91,015) 58,319 451,707

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15 Unrestricted funds

(Continued)

City Bridge Foundation – Propel ref: 2005

Inclusion London was awarded £989,600 from City Bridge Foundation over three years (Y1 £326,600; Y2 £332,400; Y3 £330,600) for the post of Data and Insight Officer (1FTE), Policy, Voice and Justice Coordinator (0.8FTE) and a contribution towards a proportion of five core salaries - CEO, Operations Manager, Communications Manager, Senior Administrator, Events Administrator (1.2FTE in total), alongside Leadership Consultancy, Training for DDPOs and additional project costs. in 2024-2025 financial year £332,400 was received from City Bridge Foundation for year two funding cycle. Funds received were expended for the purpose it has been awarded and amount carried over to 2025-2026 financial years was £41,262.

Propel Advice Project

Inclusion London in partnership with Inclusion Barnet as a lead organisation and other DDPOs have secured funding over two years (Inclusion London share Y1 £43,340;Y2 £34,430) to develop and deliver new entry points and career progression pathways for advice workers within DDPOs and for Inclusion London to capacity build our advice workforce skills and support provision capacity. Inclusion Barnet are the lead for this project delivery. During this financial year £34,430 has been received in accordance to year two grant schedule.

Three Guineas Trust TGT671

Three Guineas Trust continued support to Inclusion London under new grant reference TGT671 and awarded a grant of £450,000 over two and half years (Y1 £180,000, Y2 £180,000 and Y3 £90,000) to Inclusion London towards core costs, work on hate crime and the training and development of disabled-led organisations. Year 1 grant of £180,000 has been received during this financial year.

Three Guineas Trust – FOPC

The trustees of Three Guineas Trust awarded Inclusion London £200,000 under grant agreement TGT537, towards development and provision of peer advocacy for disabled people detained in assessment and treatment units and other psychiatric institutions, (The Free Our People Campaign project). During this financial year £37,500 was received (In total so far £187,500 out of the total £200,000 grant awarded) towards the cost of this project.

City Bridge Foundation – Cornerstone Fund

Inclusion London secured funding from City Bridge Foundation for Cornerstone project £308,200 over three years (Y1 £134,700; Y2 £165,300; Y3 £8,200) to engage seven DDPO project partners to co-produce new communications messages about disability and support implementation of the new, reframed messages into partners’ work through strategic communications training. An independent evaluation of the project's impact is also funded as part of this project. During this financial year £165,300 has been received in accordance year 2 funding cycle.

City Bridge Foundation - CTC16002 grant (connecting the capital)

City Bridge Foundation continued funding CTC16002 project and received Y4 funding of £70,130 (grant received so far including current year funding was £299,430) to cover salary of a Business Director and associated development and training activities, plus a contribution to staff capacity for shaping programme activities. The purpose of the grant is to provide DDPOs bespoke business support and training that will increase their ability and capacity to secure funding and demonstrate & evidence the positive impact of their work on disabled people and improve Inclusion London's DDPO sector relationships to ensure needs, views and interests of London DDPOs are represented at a pan-London level and in cross sector partnership working.

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15 Unrestricted funds

(Continued)

Oak Foundation -OFIL-24-022

Oak Foundation continued support to Inclusion London under new Grant Number: OFIL-24-022. Oak Foundation has approved a grant of GBP 730,000 for the project “Housing Advocacy for Deaf and Disabled People” . It has been determined that the Grant Purposes are charitable and for the public benefit and grant funds may be expended over five years during the period April 2024 – March 2028. During this financial year £165,693 was received in accordance Y1 funding schedule.

Trust For London- Stronger Voices Project

Trust For London "Stronger Voices Project" received £83,000 the final instalment this financial year to continue work to build capacity of the DDPO sector and to strengthen the rights of Deaf and disabled people DDPO sector and to strengthen the rights of Deaf and disabled people. This was a three year program and the total (including current funding) grant awarded was £249,000.

National Lottery RC 20227271

Inclusion London was awarded £883,776 from National Lottery RC over 4 years to fund Building Disabled Londoners voice and influence. Accordingly, Y1 grant £204,803 was received towards this project cost.

Trust For London (FMB)SG-2024-10071

Funding for the Trust for London FMB project was secured at £210,000 over two years (£111,000 for Year 1 and £99,000 for Year 2) to support the Future Movement Builders programme, which includes project management, co-production, and overhead costs. During the year, half of the Year 1 grant £55,500 was received for the six month period from January to June 2025. Of this sum, £27,500 relating to April to June 2025, has been deferred to the next financial year.

16 Related party transactions

There were no disclosable related party transactions during the year (2024 - none).

17 Limited by guarantee

Inclusion London is a charitable company limited by guarantee. In the event of the charity being wound up members' liability is limited to £1.

18
Cash (absorbed by)/generated from operations
2025
£
Surplus for the year
113,384
Adjustments for:
Loss on disposal of tangible fixed assets
586
Depreciation and impairment of tangible fixed assets
3,231
Movements in working capital:
Decrease/(increase) in debtors
3,875
Increase in creditors
21,012
(Decrease)/increase in deferred income
(145,483)
Cash (absorbed by)/generated from operations
(3,395)		 2024
£
264,795
-
2,640
(82,233)
20,515
120,553
326,270

INCLUSION LONDON

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

19 Analysis of changes in net funds

The charitable company had no material debt during the year.