REGISTERED COMPANY NUMBER.. 07929633 IEngland and Walesl REGISTERED CHARITY NUMBER= 1165312 Freernan Carr Charttred Certthe(l knounthn The Galehouse 2 08vonhursi Place Hea1hId Terrnc4 Chiswck LoTrJon W4 4JD
C tents of th Fin th Year Ended 31 Janua 2025 Page Relence and Administtab"ve Detsi15 Chairman's Report Report of lh8 Trustees 3 10 S Independent Exami5 Report Stalent of Financial klmties Balan Sheel No$ 10 Finanoal slements 9 10 14 Detailed Statement of Finanaal A(XMlie5 15
Reference and Administrati TRUSTEES Ms A Clarke , MBE. Chair Mr C Hrn0nd M$ S Gront Mr J lson. HonLYary TreasUr Mr M Hedge5 M5 C Needharn . VKe Chair Mr E campbalwhI1S s P Benth Trustee laFwnted 14.4.241 Mr S T G0th"n Trust88 laFPOtnted 4.4.241 REGISTERED OFFICE 287 GokJhth Ro•J LondoTh W128EU REGISTERED COMPANY NUMBER 079233 IETrJland aThJ WaK811 REGISTERED CHARITY NUMBER 1165312 INOEPENDENT EXAMINER Fieeman Carr Chartered CtlDf¢d kctyjntants The Gatehouse 2 Oevonhurni Plac• Hthr*kI Terrnce Chk4%rtk 4JD P•J8 1
In 2024, over e90 local chikjren and young peopk aged 7 to 19 years attenthd The Sulgrave Club al an average of 40 per day. Open six days a week. the Club provided them with a variety of actNrtiP5 and 58rvic8s. induding temi-tsme youth dubs and after-school (layb"me holmjay ac¢Mbes and respjentials, 1nfomialft W0$hOp9 and fe5tNe fun day5. HvJhlighlS ol Ihe year induded th8 Club's annual thr¢4ay r¢$vJential at H1Thy#p Wwen Outdoor Activity C8nlr8 ITh May.. feur week$ of Junior actNrties in Ihe Easter and Summer holhJay5." of Senior actiwtie$ and a one-week Senior re$ential al Avon Tyrrell Outdoor Centre In Ihe $umftr holKlays, and over 150 hours of jUnr and Senior atter-school advilies, Includin9 Mulb$P)rt. Roller Skabng. Extra Math5 English. Taekwondo, Key Stap 4 Scrdnce. street Dance. and Frklay NNJhl S-a-s8 Footb811. In 2024, we conts.nued to rni5• profif8 in Ihe ¢unIty. njmiiw an art SUI and e0ul shy, and distribuling promotional matsrial al both Ihe RavansDJUrt Park Community Day in Juty and the Ask Road Ajts F6$tNal in Sepl&mber. W¢ took on mor• partnekn woth. indudry e(h0$"ng an al0Y con$uttalkn OA Pl#yZonos In the borough ¥th Young Hamrn8r5milh and Fulham FoundaDon in ri1, wortiig with HaMmeIlh Cornmunity Garden¥ Assorjatson to install four ngw plantsrs n our Small garden in Jvty. And launched "Frknnd$ ol sura¥&.. our onlirn $wportWs' infonnatioTh rtsrsrk. keeping p80plo up to date wlth our planned 2026 centenary eèlèbrats'cns m8rking 100 y8ar$ since Club's foundab.on Jn 1926. The Cent piece ol the will be a Centenary Exhibibon on 26th June 2026. honouring Tho SukJraw Club'5 rKh history and the une$S Ii¥e$ louthed by the Ckjb $inc• il wa5 lour%J8d. I would like 10 thank Kate Fi5hend8n 4n(l Jonathan Mercef of Starch Grthfi lor wnning an inspiring 811-day workshop 81 the beginning of the year, 9ukliry Tru51ee5 and stall in an eXpknrn1an ol wr $hareLI lor th• luluro of The Sulgrave Club, and I would like lo ¢hank rny fell TNst888 the Club Manager. NidE Sa20ido$, •nd his te#m of stafl and volunioèrn. for th8ir dedication ond hard work throuqhGwi 2024. arv Bll looking loTh¥aid lo th9 tha1n9?• a1 ¢Jpportunbls Ihal l* ad. Awela CIAike MBE Ch?irman of Tru$teeJ Pagè 2
The trustees who a aL80 directors of the (arity for purposes of the Qimpanies ALI 2CK%S. present their report wilh the financial 51aternenls of the charity lor the year en¢Jed 31 January 2025 twustees have adopted the provisn$ of Accounting and Reporting by Charils. Statement of Recommended Practice apyKabk8 to chanlies preparing their attounts accordan wth the Finanrjal RFxxtn9 standard in lh8 UK and Repu of IreiaTrJ IFRS 1021 (effective 1 January 20191. OBJECTIVES AND ACTIVITIES Oble¢tlves and alm8 The aim ef the Club is lo help and uCate people th1Oh thwr letyure acb¥itsJ so to thekp their physical. mental, and spiritual capacilk?s. so that they may grow to fijll matuty a5 i1sUaL8 arto members ol socty and that Iholr conditions ol lrfè mighl be inproved. Publlc bonefit The trustees have QinskYe the Charity Crynmis$ion'$ guidance on publK tn8fit, Including thè guidane 'tyblic benefit.. running a charity 9PB2'. The Club directy benefits thtyst ¢hihlren and youth members who tske part in the Club's activities. parents and carer5 of those young peop. and the schooL4 which they attend In addition. parts of our promi$05 are available on short- or k)rtg-tem) use lo both individual$. other ¢haribe5. and bu51nesses for an apprOprat8 Consideratn. ACHIEVEMENT AND PERFORMANCE harltablo 4¢llvltlg$ The Chanty operates trom a mutti-lundional buibjing al 287 GolLlhawk Road. Sheprs Bush. tcgelher ¥rith gn annox Incorporatsry a kirge games row and gymrwium Irom whth it orrer$ 4 t#dg range of sporbr¥J and r•u•abtsnal activities. Slgnllleant actlvltl The Club is open six nights a we¢k offeriThJ four Aftar-school cl sesslons for thlldren in Khg9l year5 24.. Senior Youth Club sessn9 lor young Peop in school yvar 7 and above." Inigfmedk8te Youth Club 5e55ion for ¢hildron arn1 young people in $chod y¢ar$ 6-8." 8nd Junior Yoth Club 5e51ion for thibaffjn In school year$ 2-6 Dunng half term and school holidays the Club cfferi a varty of dayDme aCivils. otsbr¥J$. and resh1entK415 for chibJr•n In $chool year$ 3 ano atow. Over the year, Ihts dub had $ucce$sfvl ents su¢h Bs Ihe 'Surnmer In tho City. gfO9ramme, whh engaged 48 youTYJ peop daily. The dub also hosled woth5hcps lik• Spraycan Art and Drama. and a diarna programme by Dye Dr8mo wis Implemented lor the Ailumn Terni. The Club partnered wilh CAMHS to offet mentsl 8grvicg8 to the youth. ond completed 8 garden renovation project wilh Hammernmilh Community Gardens. bnnging a posilive Impact lo Iho Phl¢al •nvironmenL ditonally, Club'$ rent oulreAch lnilia1es indwJed PaPatI)n in ojmmunity ovents liko H&F Cornmunily Day nd the A8kew Road Art$ F¢sbv81 A $gnrfunt 8thverntnI h8$ be•n oral history wopct In ¢4llabgratson Hammgrsmith knderny. whith i¢)vofv•s trainiry SI#¢nI$ lo irrteryiiw fom)er c&Jb memtm in preparnlion lof the Club'j C8nt¢nary c¢1•braiion$ In 2026. Fundral$lng acllvltl05 The Charity rents pArts of ts premlses out durtrg tt tsms ihat it ts not used for ywlh prts3ramme actswlie$. Fundraising ha5 be•n e$seniial lor s¥pporb"ThJ Ihe Club's In 2024. the Club nefi.ted trom grants provided by organizab'on$ Such as Hamfr$milh Untsd Choribgs. the J8c Pelthty Faundalion. the SukJrave Foundation, and Llghltrulb Trust The Club has work•d to secur• new sour¢•s Qf funding. with successfvl apPIon8 to BBC Children in Need and GarfhJ Weston. as well as a iarqetsd apFeal for 8 £25.oc¥)-£30.000 grant from Ihg LvJhtbulb Trust. These funds help cover both cow operaonal costs and $peoal like the resKntio1 IripB. The Sulrnve Foundation has aho been instrumental in supporb.ng the Club's finanoal needs. a55151ing wth 8 funding $hortfall for the Avon TY11 tnp. A new fvndraksiry suwmmittee has been e$¢abli8h8d lo focus on secunng knng-iom) lunlling sources. Improving the dub's presence. and eNJagin9 With bcal SPDns•rs Centsnary Planning The pwparations for thè C•ntenary celebrations in 2tr26 have gamed rnomenturn The pl8nniTrJ commtttee h8$ 81re8dy secured several initiabves. including a speual Iree-planbro eveni wilh the LBHF Tree Offitef and the Youth MayDr In Spring 2026. There 15 also the exlIng pr05pe¢t of a premre of a t1UMentary film at Chi$wick Cinerna and ptrteniial performance5 by Roger Dallrey as part of the ruraisIng elfotts. A key rnI$tone will the club's cpen hou$e event in March 2025. whth will seNe a5 the kad-up to the lormol ¢elebr8tJMs in JU 2028. Pa99 3
ort of the Trustees
FINANCIAL REVIEW
Prlnclpal funding sources
The Club Is gratelul for the finanfial $uptKIrt it rece through 9rants and donations from vanous OaniSatIOnS. In the
year ending January 2025, Ihe Club b8nefiltett from grants provwJed by Ihe follmng".
Adden Youth
The Daisy Trust
Harnmersmilh United Charitie5
HdjaY fv£livits"8s and Food Programrne IH+•F>
Jack Petchey Chariiabk FoUratrOn
John Lyon's Charity
LB Hammersmilh and Fulham
Lighlbu1b Trust
M3lhs Teams
The SUraVe Foundation
Wales Foundation
Thw 9rants. alongsth Irem f•t5. lundraffjing •sTnts, ar¥J faatsty rent315. SUPPOrt thB Club¥
ongoing activit5 and ensure ts operat)nal viability.
Flnanclal Rosult5
For the period from February 2024 to J•Thary 2025. Ihg Club rg¢¢vd8d an income of £231.091 and lolal expendilure of
£227.135. resulting in a surplus 01 £3.956 for the year. The Club's r858Nes at the start of the year wern £95.081, and as
0131 January 2025. the reseNes had mcreased to £99,037. Th represents a healthy knanrial position and comfortab
exceed5 the minimurn level of resems deemed prn¢Jenl by the trv51ees 10 cover •ny vnforesen costs Or fin8noal
conlin9enrJes.
R88erve• poll
In norrnal ¢ircurn51anc•s the tw51• ton5bJer rt pnmlonl to Mt a$a• ai $1 £50.OCQ lo meet un•xpocl•d cont1n9•nc.
Tr• Club coniinues ts fvcu$ on yneraiir4 •dOtyJn•l kn¢¢m• $tr•om$ ond boljtww 118 fmancbal po8ib.on through grartt8
ond hxal spon$¢rship$.
Thè premises h8v¢ be r•furbished to •nhanc¢ a¢$S1b for youlh Pr(¥ramM and lo mako tho f•cillts morg
Ipyaling to polentrdl tenan dunnq nw.programm¢ knour¥
Golno ¢on¢•rn
The trustees consider with farilili¢$ and r¢wurce8 al ts disw•l t1 Ch•rity is a going with no Ihoughl
of ceasing ils aclivities al any future dal•.
STRUCTURE. GOVERNANCE ANO MANAGEMENT
Gov•mln9 do¢umont
The charity 15 controllgd ty rts document. a de•d of irusi. •nd constslutg$ a limi18d cory4ny. h'rniied ty
qu¥r8nt¢o, 0$ defined by the Cemp8nw A£t 2C(6.
RKrultmont and appolntment of now trust••s
New tru8t8e8 are appointed from Dme 10 lime at the discr•bon ol th• •xistiry trusl888.
Organlsatlonal structur•
Wnile Ihe Sulgrave Foundation ¢)wns the Prnmi$ at 287 GobJhaWK Road London W12. it has granted a lease ol the
Pfem1585 lo Ihe Sulrave Cb frw which thg Club cwam. The day lo day njnning of the Club t09etr wth the
oxpeThJing ol all MOnS piocured. 15 totally undoT Ihe Mntrol olthe Tnjslees. of Ihe Subravg Club Lirn118d.
ConnKt¢d partles
The Sulgrave Foundaton owns Ihe prernises from the charity operttes and the Club rec•iv86 grant re¥enu8 from
investments he by The Subsrave Foundabon A repre5entstyve of the Surave Found8tion has a pernanenl position on
the managerntnl committ¢¢ ol the Sulgra¥e Club knmilgd. The vic8
rt ofthe Trustees STRUCTURE. GOVERNANCE AND MANAGEMENT Risk management The Trustees have a duty lo idents.fy and revie tho iisks to vthid) the Club i5 exposed aTrJ to ensure appropriate coniriAs are in place to prov¢ reasonabk assurance agast fraud and error The tnjstees o)r6KJer such contrds are in ace mainly through online banking and the procgdures for the aulhorisalion of paYThThts. To identify relevant rkS and appropriate controk. ttje folbwng lacior5 were oJn5bJered'. - The charity'5 objectives and $trategW." - The nature and scale of the chartys acbvths.. - External kgislalion and regulations.. . The operatiry stNcture and practKes ofthe chanty: By proactivety managirrfj these risks. the charity am$ to enhance rts lert. protect its a55et5. and increas8 Ihe likolihood od achving its missKin and obJecbve$. AFproved by erder of the board of trustees on ........ nd s•Jned on its behaw by. M$ A Clarf<e . MBE. Cha- Trustee P485
min Independent exarnbnef$ reportto the trustees of Sulgrave Club Lirnited fthe Company'l l pOrt lo the charity tnJslees on my examination of the actounts of the Cornpany for the year ended 31 January 2025. Responslbilitles and ba$l$ of report s the ¢hariV5 tru51ee5 of the Company land a&0 its directors for the purposes of ¢ompany lawl you are responsib for the preparation of the accounts in aCC(danCe the fequ1rerrnts of the CTrmpanies Act 20c6 rthe 2006 Arfl. Havin9 satk8fied mysew that the accounts of Ihe Company are rKst required lo a)rted under Part 16 of the 2(M)C Act and are eligible for independent examination. I report in re5ped of my examinalH)n of your charity's accounts as carrd out under Se¢Don 145 of the Charitie5 P£t 2011 (Ihe 2011 P£fi. In carrying out my exaMinatn I have followed the Directions gs¥en by lh8 Chanty CcthmBsKJn under Sediw 145(51 (bl of Ihe 2011 kl Indendent ¢xamin¢rfs stslement have cornpted my examination. I confim Ihat no matws have come to my attenti¢)n in connection wrth the examination giwng rne cause to believe.. attounting records were not kept in resrct of th8 Company as raqujred by Secb)n 386 of th8 20rA Act". or the a¢¢ounts do not attord th those records.. or the accounts do not compty with the accountsrvJ requirements of Sethon 396 of the 20[ Act other than any requirerNdnt thai the accounts 9we a arKS fair VEW whith 15 not a matter cOnsered as part ol an independenl examination." or the accxjunls have not been ppared in occottlantr wth methLs and princip5 of Staternent of Recommended Practyce for accounting and reporting by charits'es (applicable to charities prepanng their accounts in accordance wilh Lhe Financjal Repoftin9 Standard apicab in the UK antt Republi¢ of Ireland IFRS 10211 I have no concerns and have rxne across no other matters in c¢)nne¢bon wlh the exarninaiion to which attention 5hiJuld b? drawn In thB report in order to enab a proper understandiThJ of the accounts to be reached. Hardeep Virdee. FCCA Freernan Carr Chartered Cerbfd knountants The Gatehouse 2 Devonhursl Place Heathfield Terra Chi5wck Londun W4JD Page 6
Statement of Finanual ACVitieS 31.1.25 Total funds 31.1.24 Total funds Unrestricted Restricted fund nd INCOME AND ENDOWMENTS FROM Donations and legacjes 76.949 IC6.399 183.348 173.416 Olher tradirvJ aCtNeS In%e$bnent income 1.652 46.091 1,652 46.091 549 35.010 T¢)tsl 124.692 1Cfj.399 231.091 208.975 EXPENDITURE ON Raisin9 funds 19.238 19.238 18.034 Charitable adivitie5 Management Property Youth Activitie5 Governance 1.889 55,730 146.978 3.300 11.t38 45.188 124.761 4.440 55.730 40.579 1C6.399 Total 120.736 106.399 227.135 203.561 NET INCOME 3,956 5.414 RECONCILIATION OF FUNDS Totsi fund5 brought fcrbfdrd 95.081 95,081 89.e67 TOTAL FUNDS CARRIED FORWARD 99.037 99.037 95.081 The nole5 fomi part of Ihese financaal statements Pa9e 7
31.1.25 Totsi fund$ 31.1.24 Total funds uns¢n¢Xe Restricted fvnd fijrvj FIXÉD ASSÉTS Tangible assets 310 CURRENT ASSETS Slod(s Debtors Cash al bank 12 13 10D 100 1,028 137.635 130.895 130,895 132.839 132.839 138.763 CREDITORS Amoun15 fallirrfJ duts %wthin or year 14 133.8021 133,8021 143,9921 NEY CURRENT ASSETS 99.037 99.037 94.771 TOTAL ASSETS LE55 CURRENT LIABILITIES 99.037 99,037 9S.Ck81 NET ASSETS 99,037 99.037 95.081 FUNDS unre5tricl funds 15 99.037 95.081 TOTAL FUNDS 99.037 95.U81 Th• charitBbk• C4)mpany k% •n11•d to •x•mplhin trom •)Jd urK1er sec 477 of CpaThS kl 20Cffj for the yèar •ndod 31 January 2025. The membern haw not wuir¢d the Company lo Obta an aJrt ol its fin8ncwl ithiement8 for the y••r •ndod 31 January 2025 in aetordanc• %ilh Seclion 478 of Ihe ¢panIeS 2(. The tnJ8t••$ acknoWd08 thetr resF¢n$lt41th for ¢n5uring that the chanlabkn company keeps ac¢ounts"ng rewds that cernY wlh Sectsons 3e6 ¥nd 387 of the Companw$ Act 2CKfj and preparing financial 5taitrmènts whKh give a true ¥nob tsii of the 51ale ol affairs of the charitsble Company as 81 th• e1 ol each finanoal year gnd of rt5 swplui or for each financial y88r in accordance with tho requirernen¢8 of Sectws 394 and 395 and whth o¢heAse ¢ompty wrth Ihe requirernènts of the Companies Acl 2006 rèlating to financial $talement8. so far 0$ aFpIKabSB lo the charilablo company Th¢$8 fin8n¢ial $1olem¢nts have prepared in Accord•r tho Pro8 applicab to Gh8rii•bK• ¢ompanlos subi&¢t to the $mall companies ¥e9ine. The financial statements were approved by the Board cl Trus•$ and •ulhori$8d for ts$u• on 3019 llQ25 . Bnd Svdned on rt8 tehatf by.. MrJ i0. Hongrary Tr¢osuror- TAte* M$ A Clarke, MB , Chair- Trustee The noie5 fom part ofthese financial Ststsmerbts P4e8
lem nu nts ACCOUNTING POLICIES Ba$l$ of pr•paring the financlal Statements The financial slalements of the than1#b company. whth i% a benefft entity undEr FRS 102, have been prepared in accordance wilh the Charrts SORP IFRS 1021'Accounting and Reporbng by Charits"es'. Slalèmenl gf RecOMend8¢j Practice applicab lo Charn$ preparing their accounts in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland IFRS 102118ff8thv8 1 January 20191.. Finanual Reporting Standard 102 'The Finanual Reporting standard app1Kab in the UK and Reputs1 of I10nd. and tho Compans Act 2006. The finanual slatemenls have t4en prepared un¢ler hl0Cal c051 con¥enbon. Publlc benefit The Twslees cf the Sulgrave Club ccfflpty ith seebon 17151 olthe Charil$ and in carrying out th¢ airn$ ?nd objec1e$ have had Llue r¢9ard to t Chaiity Commi88K)n'$ banefilguanc6. Income l income li rec¢gnwJ in I Statem1 of Fancial onc8 tha charity ha5 8nb't18rn8nl to Ihe lunds. il is probabl8 that tha income wll b8 recad and the amunl can rnoasured rèliably. Expondlturn Liabili)e$ aio rwrtl •$ •yfiditur• as 88 Ihore IB a al or eonstnJ¢¥• 0allin cemmilJrq the harity to that expenditure. it probatAe that a tyansfer of econern b8nefit5 wll b4 roquired in seiibmenl and thg mount of the ob11ga1n can be me8sured reliabty Expenditu L8 8ccovnied for on an accrua15 basis and hai been da551fd under headings that a99regate all cosl rda18d lo the calegory. ¥ve costs rannot b? directly aitnbuied to parbcuk8r headings Ihey hav8 been aiiocaied 10 actltse$ on a ba$1$ consistent with th• use ol resources. Tanglblo Ilxod aM•ts D¢prorJalion Is provbded at the folknw'ng ants1 rnt•• tyd•rto wnig off each auet over tts tOI•d uieful Irf. Plant and rnachinery Molof vehKb$ Computer •guipment 25% on cost 25% on eosi 25%rnIt Stocks Sto¢ks ore valued al th& Imr ol c4st and nel realabk¥ valu•. after m•kiry dwi 8lltrwane for olisote and slow moving iiems. Taxatlon The charity is •xempl frw [poratiN tax ¢)n ill ch•ntab 8clMts•. Flnanclal Instrum•nt• The company only enlers inio basic fina91 IransadK)ns Ih#i 8Urt In Ihe rowniion of financial assots and liabili1$ like $h and bank baL3nr•s. vad• and olhei deblor5 •rtd ¢rtdilors. loanJ from banks and othar third P8itie8 and In¥•$trnents In non-puttabkry ordin•ry 8hwe$. Financial asset$ that arg measured at cost #nd 8mortised ¢OSI a gssesyeo 51 tho end ol ¢ach repDrtsn9 period for obJoetNe evnc4 of palM)0ft1. If Obj?d whJ•r• of mpainnenl is found. an impairnenl loss Is recognisea in profil and Flnanoal a$sets and liabililS are offsel, and lh8 nel amount reported in the Balance Sheet when there 1$ an enforceatrAe right lo set off the recogn¢¢¢ amounts and thofe ar Intents"on lo S$ on a net basis or lo rèali8e the assel and settle Ihe liabilty simutsneousty. Fund accoursung Unre51ncted funds ¢an be used in 8rdart• Ihe charilab rt)i&cti"ve$ al dis¢rebon of Ihe Irustees. Restrided lund$ cty b• used lor particular reslrided purposes lhin the eèjocts of thg charity. Rgjtrictions aSe when SCled by Ihe donor or whèn fvnds are tsised for parbcular Tesirided puSeS. Further eXanati¢*rt of Ihe nalure 8nd purpw of exh fvnd o induded in tho nots$ lo th8 finandal stalern8nts. pe9 cr)ntinued...
Notes lo the Financial taiements- DONATIONS AND LEGACIES Un$tr ReslrKle(I 31.1.2S 31.1.24 Grants receNed Subscriptoos receid 70.120 6.829 1C6.399 176.519 6.829 168,732 4,685 17 OTHER TRADING ACTIVITIES 31 1.25 31.1.24 Net Vending Incorne 1.652 549 INVESTMENT INCOME 31.1.25 31.1.24 Ronts wcelved Deposrt account Interest 45,810 281 34.743 267 46,091 3S.010 RAISING FUNDS Invo8tm•nt mafiagfrm•nt costs 31.1.25 31.1.24 Inlèr•8t payab and 8hmUar char9 120 HARITABLE ACTIVITIES COSTS Direct Costs Support sl$ TotAIs M¥nwgnl Preperty Youth klivilws Gov•manc• 1,889 48.476 146.978 1,889 55,730 146,978 3.300 7.254 7.254 2C#).643 207.897 2024 2023 Indendent eXin•r P•Je 10 continued...
Note Fin rEnd - conDn anu NET INCOMEIIEXPENOITUREI Net In¢(xWlexperK$rtul stated after dwrginglluedib'ngl.. 31.1.25 31.1.24 DepreCiatr$- owned assets 310 S32 TRU5TEES' REMUNERATION ANL) BENEFITS Therè no tru5tEes' rornungration or other be for year e•ded 31 January 2025 nor for the year ende£l 31 January 2024. Tru51005' vxpon595 There re no twstees, 8XP8n585 pah4 for the year ended 31 January 2025 nor for the year 8TrJed 31 January 2024. STAFF COSTS Total staffc05ts lor the year ended 31 January 2024 we". 2024 2023 Salaiies and Vdges 107 836 The average monihly number ofernOyees durirKJ the year was as follrt•ts.' 31.1.25 31.1.24 12 Youth W0er5 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTNMES Un¢$th¢xed fun Restricted fijnd Total runds INCOME AND ENDQYdMENTS FROM Donations and WacBs 88.732 1n.416 Other trading acbwtE5 InveSent Income $49 35.010 35.010 Total 120.243 88.732 208.975 EXPENDITURE ON Raksing funds 18.034 18,034 Charitsble activiti85 Managerneni Pfopety Yculh Acb"wtes Governan 11.138 45.188 36.029 11.138 45.188 124.781 4.440 88,732 Total 114.829 88.732 203.561 NET INCOME Transler5 betwe¢n funds 5.414 25.352 5.414 125.3521 Net movement In fvnds 30.766 125,3S21 5.414 RECONCILIATION OF FUNDS Total funds bmughl forward 84.315 25.352 89.667 P•Je11 contlnued...
Notes to Ihe Financial Statements- continuJ rEn 1 Janua 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES- conttnued Unrestricted fund Re5knthd fund Totsl funds TOTAL FUNDS CARRSÉD FORWARD 95.081 95.081 TANGIBLE FIXED ASSETS Pknt and maChirry Motor vehide5 Computer egUiPtrnt Total$ COST Al 1 Febwary 2024 and 31 January 2U25 8.416 2.123 22.059 DEPRECIATION At 1 February 2024 Charge foryear 6,416 11,520 1.813 310 21.749 310 At 31 January 2025 8.416 11.520 2.123 22.059 NET BOOK VALUE At 21 January 2025 At 31 January 2024 310 310 12. STOCKS 31.1 25 31.1.24 Stocks 100 DEBTORS: AMOUF$ FALLING DUE YIITHIN ONE YÉAR 31.1.25 31.124 Acuued income PrePaYniS 902 126 1.028 14. CREDITORS: AMOUNTS FALLING DUE YNIN ONE YEAR 31.1.25 3t.1.24 Social securty arKI other taxes Other creditors Accrua15 and deferred Inco 8.025 6.916 18.861 2,087 1.747 40,1 33.802 43.992 Page 12 continued...