**Charity registration number 1167151 (England and Wales)**
## **BEXLEY SNAP**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2025**
## **BEXLEY SNAP**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
|**Trustees**|J Toliday||
|---|---|---|
||M White-Peart||
||E Bardrick||
||T Grant||
||K Sykes|(Appointed 26 April 2024)|
||Mr S Hetherington|(Appointed 28 October 2024)|
|**Charity number (England and Wales)**|1167151||
|**Principal address**|Normandy SEND Hub||
||Fairford Avenue||
||Barnehurst||
||Kent||
||DA7 6QP||
|**Independent examiner**|Darren Harding ACA FCCA DChA||
||Richard Place Dobson Services Limited||
||Ground Floor||
||1-7 Station Road||
||Crawley||
||West Sussex||
||RH10 1HT||
|**Bankers**|CAF Bank||
||25 Kings Hills Avenue||
||Kings Hill||
||West Malling||
||Kent||
||ME19 4JQ||
||CCLA Investment Management Ltd||
||85 Queen Victoria Street||
||London||
||EC4V 4ET||
## **BEXLEY SNAP**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 22|
## **BEXLEY SNAP**
## **TRUSTEES' 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 charity's constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
## **Objectives and activities**
The charity's objectives are for the relief of children and young people in the London Borough of Bexley and surrounding areas who have disabilities, in particular by establishing and improving facilities for such children and young people and by providing and assisting in the provision of assistance to their families and carers.
Bexley Snap has the vision that disabled children have choices and a right to a fulfilling life.
To achieve this, we offer a variety of different clubs for disabled children and young people, while reducing the isolation and frustration experienced by their families.
We do this by:
- Having the child or parent/carer at the heart of our thinking and planning
- Strengthening young people’s voice in decision making
- Focusing on what children can do and encouraging them to push their boundaries to experience and try new things
- Responding to new needs as they emerge
We are committed to the following values:
- Understanding and showing respect and commitment to the families we work with
- Supporting with passion because disabled children and young people always need a "champion"
- Actively listening so that we can help reduce the struggle and battle that parents face
- Seeing the disabled child as part of a whole family with different support needs
- Believing that disabled children belong and are welcome in our community
## **Achievements and performance**
Our Early Years project welcomes families at the start of their journey supporting them through diagnosis of their child’s condition, signposting, emotional support linking with other families to reduce sense of isolation and modelling practical measures to aid development through play. 19 different children regularly accessed play sessions with their parent/carer, totalling 478.5 hrs.
We are exploring the viability of opening a Nursery in 2025 to meet the identified need of more SEND-specific places for nursery age children in Bexley, complementing our support through our Early Years programme.
The requests for spaces at our commissioned services through the London Borough of Bexley Children With Disabilities Service continue to exceed demand.
Individual targets are set for children attending our Holiday schemes and Little Explorers Saturday clubs with milestone achievements celebrated. 4,142.25 short break hours delivered to 86 different children.
Funding through the Bexley HAF (Holiday Activities and Food) programme enabled us to deliver additional holiday scheme provision of 376 hours during the Easter and summer holidays to 14 different disabled children eligible for free school meals. 100% attendance.
Additional funding via The London Community Fund Nourish The Nation Summer Programme enabled 41 children and young people aged 5-16 to receive support across the summer school holidays, providing a further 375.75 hours of activities, including meals for all, per session.
Four youth groups (Empire, My Space, YAC and Vibe) for various age groups between 12 to 25 years focus on social and independent living skills. This year, 47 young people attended across the clubs, equating to 2646.25 hours of support.
page 1
## **BEXLEY SNAP**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
The Jack Petchey Achievement Awards scheme continues to provide recognition for individual members who make a positive contribution/support others, or achieve personal success within their youth groups, as voted for by their peers. The associated funding complements youth group activities and provide additional equipment or trips out chosen by the nominee. 5 young people were awarded this year.
To embed social and independent living skills and increase our offer available through our Youth activities, Snap joined the Duke of Edinburgh Awards Scheme. Each award involves helping the community/environment, improving fitness, developing new skills, and planning, training for and completing an expedition. 8 Young People participated, with 5 successfully completing the Bronze Award this period. 7 attended the Expedition.
Funding awarded for a 2 year Drama club enabled us to enrich the offer to young people with a variety of roles, specialist equipment and planned progression to perform in a local theatre. 15 young people were involved in the rehearsals/performance of Jack and the Beanstalk.
Our partnership with Woodside Academy has strengthened with the continued offer of sport/physical activities after school, one-off events, including our 30th Anniversary Family Fund Day celebration, and additional venue access when we expand support through school holidays.
The Famly App has been positively received with all members engaging with the product to receive regular communication and updates about their child during sessions and upcoming services available. Providing two-way communication, this has streamlined our booking processes and enhanced the information shared with families.
20 volunteers regularly supported us with governance, office administration, and involvement in club activities directly with our members.
Our 30th Anniversary Family Fund Day brought together over 100 members of the SEND Community and their families, past and present Snap Trustees, corporate sponsors, Staff and Volunteers to celebrate the work of the Charity and the positive impact this has made to our members during this historic milestone. We thank everyone involved and look forward to the next 30 years!
## **Financial review**
The results for the year are shown in the Statement of Financial Activities. They show a surplus of £35,197 (2024: £18,648).
## _Reserves policy_
At 31st March 2025 the charity’s reserves were £185,017 (2024: £149,820)
The trustees have adopted a policy that the charity should hold three months’ expenditure in uncommitted reserves to provide adequate working capital and the resources to fund an orderly close should it become necessary. At 31st March 2025 uncommitted reserves, excluding fixed assets of £80,359 (2024: £57,706), represented approximately 3.9 (2024: 3.0) months’ expenditure.
## _Major risks_
As part of their duties the Trustees have considered the risks to Bexley Snap's stability and ability to continue its work. The Trustees have done this by identifying and analysing risks by severity of risk and the likelihood of it happening and agreed action to manage these risks.
## **Structure, governance and management**
The charity is governed by its Constitution, which was adopted when the charity was registered as a Charitable Incorporated Organisation (CIO) on 17th May 2016, as amended on 28th February 2022.
page 2
## **BEXLEY SNAP**
## **TRUSTEES' REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|The Trustees who served during the year and up to the date of signature of the financial statements were:|The Trustees who served during the year and up to the date of signature of the financial statements were:|
|---|---|
|J Toliday||
|M White-Peart||
|S Jones|(Resigned 9 October 2024)|
|E Bardrick||
|V Buckley|(Resigned 3 October 2025)|
|T Grant||
|K Sykes|(Appointed 26 April 2024)|
|Mr S Hetherington|(Appointed 28 October 2024)|
## **Management**
The management of the charity is the responsibility of the Trustees, who are elected under the terms of the Constitution. The Trustees delegate the day to day management of the charity and its operations to the Director.
## **Related parties**
We have achieved success through our partnerships with Woodside Academy, Fairford Academy Barnehurst, Normandy SEND Hub, Access Sport, SEC Foundation, Apex Contractors, the London Borough of Bexley, Bexley Voluntary Service Council, The Masonic Foundation and Lodges, BNI Integrity Chapter, and The Lord Hill Pub, The Alma Pub and the generosity of local SME's (small to medium-sized enterprises).
## **Risk management**
As part of their duties the Trustees have considered the risks to Bexley Snap’s stability and ability to continue its work. The Trustees have done this by identifying and analysing risks by severity of risk and the likelihood of it happening and agreed action to manage these risks.
## **Public Benefit**
The Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission. The Trustees believe the objectives and aims set out above fulfil the public benefit requirements set out in the guidance published by the Commission.
The Trustees' report was approved by the Board of Trustees.
.............................. T Grant **Trustee**
Date: .............................................
page 3
## **BEXLEY SNAP**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE TRUSTEES OF BEXLEY SNAP**
I report to the Trustees on my examination of the financial statements of Bexley Snap (the charity) for the year ended 31 March 2025.
## **Responsibilities and basis of report**
As the Trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011.
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
## **Independent examiner's statement**
Since the charity’s gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the financial statements in accordance with the relevant version of the Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn. I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- 1 accounting records were not kept in respect of the charity as required by section 130 of the Charities Act 2011.
- 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
## **Darren Harding ACA FCCA DChA**
Richard Place Dobson Services Limited Ground Floor 1-7 Station Road Crawley West Sussex RH10 1HT Date: ............................09/12/2025
page 4
## **BEXLEY SNAP**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**Notes**
**£**
**£**
**Income from:**
Donations and legacies
**3**
162,702
77,441
Charitable activities
**4**
34,951
-
Investments
**5**
5,440
-
**Total income**
203,093
77,441
**Expenditure on:**
Raising funds
**6**
14,156
-
Charitable activities
**7**
160,889
70,292
**Total expenditure**
175,045
70,292
**Net income/(expenditure)**
28,048
7,149
Transfers between funds
(689)
689
**Net movement in funds**
**9**
27,359
7,838
**Reconciliation of funds:**
Fund balances at 1 April 2024
123,354
26,466
**Fund balances at 31 March 2025**
150,713
34,304|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
240,143
146,593
22,343
34,951
39,985
-
5,440
4,852
-
280,534
191,430
22,343
14,156
17,992
1,495
231,181
183,199
29,735
245,337
201,191
31,230
35,197
(9,761)
(8,887)
-
-
-
35,197
(9,761)
(8,887)
149,820
133,115
35,353
185,017
123,354
26,466|**Total**
**2024**
**£**
168,936
39,985
4,852
213,773
19,487
212,934
232,421
(18,648)
-
(18,648)
168,468
149,820|
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
page 5
## **BEXLEY SNAP**
## **BALANCE SHEET**
## _**AS AT 31 MARCH 2025**_
|||**2025**||**2024**||
|---|---|---|---|---|---|
||**Notes**|**£**|**£**|**£**|**£**|
|**Fixed assets**||||||
|Tangible assets|**12**||16,866||19,784|
|**Current assets**||||||
|Debtors|**13**|14,041||20,283||
|Cash at bank and in hand||164,384||136,195||
|||178,425||156,478||
|**Creditors: amounts falling due within one**|**14**|||||
|**year**||(10,274)||(26,442)||
|**Net current assets**|||168,151||130,036|
|**Total assets less current liabilities**|||185,017||149,820|
|**The funds of the charity**||||||
|Restricted income funds|**17**||34,304||26,466|
|Unrestricted funds|**18**||150,713||123,354|
||||185,017||149,820|
> The financial statements were approved by the Trustees on ......................... 0). 1h. 10%
..............................
T Grant **Trustee**
page 6
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
## **Charity information**
Bexley Snap is a charitable incorporated organisation registered on 17 May 2016. The trustees, who are also members of the Management Committee, are named in the Trustees' Annual Report.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's governing document, the Charities Act 2011, 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 charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a statement of cash flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention.
## **1.2 Going concern**
At the time of approving the financial statements, the Trustees have a reasonable expectation that the charity 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.
Designated funds comprise unrestricted funds which have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
Restricted funds are subject to specific conditions by donors 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. The cost of raising and administering such funds is charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
## **1.4 Income**
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity 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.
Intangible income which represents donated goods and services is included at the value to the charity only where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.
page 7
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
Revenue grants are recognised in full in the Statement of Financial Activities on the earlier of when they are received or when they are receivable, unless they relate to a specific future period, in which case they are deferred to that period.
Grants for capital purchases are credited to restricted income when received. Depreciation of fixed assets purchased with such grants is charged against the restricted fund, or against a designated equipment fund, where acquisition of the asset has satisfied the donor's intentions. Where a fixed asset is donated to the charity for its own use, it is treated in a similar way to a restricted grant.
Investment income, including interest, is credited to income in the year in which it is receivable.
## **1.5 Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.
Expenditure on raising funds comprises those costs incurred in seeking voluntary contributions and do not include the cost of disseminating information in support of the charitable activities.
Governance costs are those costs incurred in connection with enabling the charity to comply with external regulation, constitutional and statutory requirements and in providing support to the trustees in the discharge of their statutory duties.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management. Support costs are allocated to Fundraising, Governance and Charitable Activities on the basis of effort expended by management and administrative staff on these activities.
The charity is not registered for VAT. Expenditure includes attributable VAT which cannot be recovered.
## **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:
Furniture, fixtures & fittings 5 years Equipment computers 3 years, play equipment 5 years Motor vehicles 8 years
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.
Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably.
## **1.7 Cash and cash equivalents**
Cash and cash equivalents include cash in hand and deposits held at call with banks.
page 8
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **1 Accounting policies**
**(Continued)**
## **1.8 Financial instruments**
The charity 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 charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
## _**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 are initially recognised at transaction price. 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.
## **1.9 Taxation**
The charity is exempt from corporation and income tax as its income is applied for charitable purposes.
## **1.10 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 charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **1.11 Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
## **2 Critical accounting estimates and judgements**
In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
page 9
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
- **2 Critical accounting estimates and judgements**
## **(Continued)**
## **Key sources of estimation uncertainty**
## **Allocation of support costs**
The allocation and apportionment of support costs is based on direct costs expended for each activity.
In the trustees' judgement, no other material estimates have been used in the preparation of the financial statements.
## **3 Income from donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
Donations and gifts
35,160
-
Grants
127,542
77,441
162,702
77,441
**Donations and gifts**
Amazon Charitable Giving
-
-
Apex Contractors
950
-
AKO Foundation
5,000
-
Co-op
-
-
Lets Leap Sports Academy
2,000
-
Grand Provincial Lodge
500
-
Society of Kent Golf Club
Captains
1,400
-
Masonic Charitable
Foundation
-
-
BNI Foundation
262
-
Other
25,048
-
35,160
-|**Total**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2024**
**2024**
**£**
**£**
**£**
35,160
28,755
2,296
204,983
117,838
20,047
240,143
146,593
22,343
-
16
-
950
2,500
-
5,000
-
-
-
1,728
-
2,000
-
-
500
700
-
1,400
-
-
-
50
1,495
262
646
-
25,048
23,115
801
35,160
28,755
2,296|**Total**
**2024**
**£**
31,051
137,885|
|---|---|---|
|||168,936|
|||16
2,500
-
1,728
-
700
-
1,545
646
23,916|
|||31,051|
page 10
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**3**
**Income from donations and legacies**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Grants**
London Borough of Bexley
120,150
9,440
D of E
-
5,662
Royal Warrant Holders
Association
3,000
-
Sainsburys
-
2,000
The Hedley Foundation
-
-
London Youth
-
-
St James's Place Charitable
Foundation
-
-
Bexley Voluntary Service
Council
-
-
Greater London Authority
-
29,458
Jack Petchey Achievement
Awards
-
2,400
London Community
Response Fund
-
28,481
The Big Give
1,250
-
The Co-op Community
Fund
3,142
-
127,542
77,441|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**(Continued)**
129,590
108,738
10,034
118,772
5,662
-
3,664
3,664
3,000
-
-
-
2,000
-
-
-
-
2,500
-
2,500
-
800
-
800
-
2,500
-
2,500
-
3,300
1,857
5,157
29,458
-
774
774
2,400
-
3,718
3,718
28,481
-
-
-
1,250
-
-
-
3,142
-
-
-
204,983
117,838
20,047
137,885|**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
**(Continued)**
129,590
108,738
10,034
118,772
5,662
-
3,664
3,664
3,000
-
-
-
2,000
-
-
-
-
2,500
-
2,500
-
800
-
800
-
2,500
-
2,500
-
3,300
1,857
5,157
29,458
-
774
774
2,400
-
3,718
3,718
28,481
-
-
-
1,250
-
-
-
3,142
-
-
-
204,983
117,838
20,047
137,885|
|---|---|---|
|||137,885|
page 11
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **4 Income from charitable activities**
|**Short breaks**
Parental contributions
**Sports**
Parental contributions
**Early years**
Parental contributions
**Youth**
Parental contributions
**Income from investments**
Interest receivable
**Expenditure on raising funds**
**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**Fundraising**
Seeking donations, grants
and legacies
173
-
Other fundraising costs
2,744
-
Staff costs
8,680
-
Support costs
2,559
-
14,156
-|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
23,521
26,957
2,364
256
1,242
1,900
7,824
10,872
34,951
39,985
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
5,440
4,852
**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
173
212
-
212
2,744
3,480
1,495
4,975
8,680
10,645
-
10,645
2,559
3,655
-
3,655
14,156
17,992
1,495
19,487|**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
23,521
26,957
2,364
256
1,242
1,900
7,824
10,872
34,951
39,985
**Unrestricted**
**Unrestricted**
**funds**
**funds**
**2025**
**2024**
**£**
**£**
5,440
4,852
**Total**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**2025**
**2024**
**2024**
**2024**
**£**
**£**
**£**
**£**
173
212
-
212
2,744
3,480
1,495
4,975
8,680
10,645
-
10,645
2,559
3,655
-
3,655
14,156
17,992
1,495
19,487|
|---|---|---|
|||**Total**
**2024**
**£**
212
4,975
10,645
3,655|
|||19,487|
## **5 Income from investments**
**6 Expenditure on raising funds**
page 12
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **7 Expenditure on charitable activities**
|**Short Breaks**
**2025**
**£**
**Direct costs**
Staff costs
151,028
Activities
3,013
Equipment & supplies
2,713
Legal & professional
496
Premises costs
18
Other staff costs
1,573
158,841
**Share of support and governance costs (see note 8)**
Support
25,999
Governance
2,466
187,306
**Analysis by fund**
Unrestricted funds - general
151,849
Restricted funds
35,457
187,306|**Sports**
**Early Years**
**2025**
**2025**
**£**
**£**
18,828
890
1,355
-
150
-
-
-
-
-
43
32
20,376
922
11,729
600
316
14
32,421
1,536
3,563
14
28,858
1,522
32,421
1,536|**Youth**
**2025**
**£**
3,202
982
963
-
745
35
5,927
3,960
31
9,918
5,463
4,455
9,918|**Total**
**2025**
**£**
173,948
5,350
3,826
496
763
1,683|
|---|---|---|---|
||||186,066
42,288
2,827|
||||231,181|
||||160,889
70,292|
||||231,181|
page 13
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**7**
**Expenditure on charitable activities**
**Previous year:**
**Short Breaks**
**2024**
**£**
**Direct costs**
Staff costs
148,604
Activities
1,634
Equipment & supplies
1,572
Legal & professional
872
Premises costs
12
Other staff costs
1,011
Motor expenses
1,390
155,095
**Share of support and governance costs (see note 8)**
Support
35,073
Governance
2,239
192,407
**Analysis by fund**
Unrestricted funds - general
168,093
Restricted funds
24,314
192,407|**Sports**
**Early Years**
**2024**
**2024**
**£**
**£**
1,645
3,570
60
-
-
-
-
-
-
-
1
65
-
-
1,706
3,635
400
850
23
49
2,129
4,534
1,355
499
774
4,035
2,129
4,534|**(Continued)**
**Youth**
**Total**
**2024**
**2024**
**£**
**£**
9,512
163,331
642
2,336
210
1,782
-
872
-
12
-
1,077
-
1,390
10,364
170,800
3,500
39,823
-
2,311
13,864
212,934
13,252
183,199
612
29,735
13,864
212,934|**(Continued)**
**Youth**
**Total**
**2024**
**2024**
**£**
**£**
9,512
163,331
642
2,336
210
1,782
-
872
-
12
-
1,077
-
1,390
10,364
170,800
3,500
39,823
-
2,311
13,864
212,934
13,252
183,199
612
29,735
13,864
212,934|
|---|---|---|---|
||||170,800
39,823
2,311|
||||212,934|
||||183,199
29,735|
||||212,934|
page 14
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **8 Support costs allocated to activities**
|Staff costs
Depreciation
Operating lease charges
Activities
Equipment & supplies
Legal & professional
Miscellaneous
Office costs
Premises costs
Other staff costs
Motor expenses
Governance costs
**Analysed between:**
Fundraising
Short Breaks
Sports
Early Years
Youth
**Governance costs comprise:**
Independent examination fees
**9**
**Net movement in funds**
The net movement in funds is stated after charging/(crediting):
Fees payable for the independent examination of the charity's financial statements
Depreciation of owned tangible fixed assets
Amortisation of intangible assets
Operating lease charges|**2025**
**£**
10,950
8,437
6,700
76
338
5,270
655
9,938
954
1,298
231
3,000
47,847
2,732
28,465
12,045
614
3,991
47,847
**2025**
**£**
3,000
3,000
**2025**
**£**
3,000
8,437
-
6,700|**2024**
**£**
13,170
9,017
6,700
148
984
4,567
386
8,407
-
65
34
2,523|
|---|---|---|
|||46,001|
|||3,867
37,312
423
899
3,500|
|||46,001|
|||**2024**
**£**
2,523|
|||2,523|
|||**2024**
**£**
2,523
8,814
202
6,700|
## **10 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
page 15
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **11 Employees**
The average monthly number of employees during the year was:
|The average monthly number of employees during the year was:|||
|---|---|---|
||**2025**|**2024**|
||**Number**|**Number**|
|Full time staff|2|2|
|Part time staff - full time equivalent|4|4|
|Total|6|6|
|**Employment costs**|**2025**|**2024**|
||**£**|**£**|
|Wages and salaries|181,867|174,266|
|Social security costs|6,315|6,347|
|Other pension costs|5,396|6,533|
||193,578|187,146|
|There were no employees whose annual remuneration was more than £60,000.|||
|**Remuneration of key management personnel**|||
|The remuneration of key management personnel was as follows:|||
||**2025**|**2024**|
||**£**|**£**|
|Aggregate compensation|89,560|65,955|
The Trustees consider key management personnel comprise the Trustees, the Director and the Service Manager.
page 16
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
|**12**
**Tangible fixed assets**
**Furniture,**
**fixtures &**
**fittings**
**Equipment Motor vehicles**
**£**
**£**
**£**
**Cost**
At 1 April 2024
3,184
9,332
61,000
Additions
5,520
-
-
At 31 March 2025
8,704
9,332
61,000
**Depreciation and impairment**
At 1 April 2024
2,585
9,210
41,938
Depreciation charged in the year
690
122
7,625
At 31 March 2025
3,275
9,332
49,563
**Carrying amount**
At 31 March 2025
5,429
-
11,437
At 31 March 2024
600
122
19,062
**13**
**Debtors**
**2025**
**Amounts falling due within one year:**
**£**
Trade debtors
3,236
Prepayments and accrued income
10,805
14,041
**14**
**Creditors: amounts falling due within one year**
**2025**
**Notes**
**£**
Other taxation and social security
2,174
Deferred income
**15**
3,500
Trade creditors
678
Other creditors
921
Accruals
3,001
10,274
**15**
**Deferred income**
**2025**
**£**
Other deferred income
3,500|**Total**
**£**
73,516
5,520|
|---|---|
||79,036|
||53,733
8,437|
||62,170|
||16,866|
||19,784|
||**2024**
**£**
28
20,255|
||20,283|
||**2024**
**£**
2,173
20,134
300
901
2,934|
||26,442|
||**2024**
**£**
20,134|
page 17
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **15 Deferred income**
## **(Continued)**
Deferred income is included in the financial statements as follows:
Government grants received before 31 March 2025 relating to services to be provided in the following financial year £1,000 (2024: £2,800).
Grants received from other organisations before 31 March 2025 relating to services to be provided in the following financial year £2,500 (2024: £17,334).
|**2025**
**£**
Deferred income is included within:
Current liabilities
3,500
Movements in the year:
Deferred income at 1 April 2024
20,134
Released from previous periods
(20,134)
Resources deferred in the year
3,500
Deferred income at 31 March 2025
3,500
**16**
**Retirement benefit schemes**
**2025**
**Defined contribution schemes**
**£**
Charge to profit or loss in respect of defined contribution schemes
5,396|**2024**
**£**
20,134|
|---|---|
||-
-
20,134|
||20,134|
||**2024**
**£**
6,533|
The charity contributes on a defined contribution basis towards personal pensions for staff who have elected to join the scheme, or are automatically eligible through autoenrolment. The assets of the scheme are held separately from those of the charity, in independently administered funds. The pension charge reflected in the Statement of Financial Activities represents the amount payable by the charity to the pension scheme for the year.
page 18
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **17 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.
|**At 1 April 2024**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31**
**£**
**£**
**£**
**£**
Jack Petchey Awards
1,970
2,400
(3,419)
-
Early Years Project
833
-
(1,522)
689
London Community Response
Fund
-
28,481
(11,424)
-
D of E
3,052
5,662
(4,455)
-
Sainsbury's Helping Everyone Eat
Better Fund
-
2,000
(2,000)
-
William Kendall Fund
1,549
-
(1,549)
-
Lord's Taverners minibus
19,062
-
(7,625)
-
Go! London
-
29,458
(28,858)
-
Bexley HAF Programmes
-
9,440
(9,440)
-
26,466
77,441
(70,292)
689
**Previous year:**
**At 1 April 2023**
**Incoming**
**resources**
**Resources**
**expended**
**Transfers**
**At 31**
**£**
**£**
**£**
**£**
Jack Petchey Awards
2,152
3,717
(3,899)
-
Early Years Project
4,067
801
(4,035)
-
D of E
-
3,664
(612)
-
William Kendall Fund
-
1,858
(309)
-
Lord's Taverners minibus
26,687
-
(7,625)
-
Go! London
-
774
(774)
-
London Youth - Getting Active
Sports Programme
1,220
-
(1,220)
-
The Grand Charity
-
1,495
(1,495)
-
Website
1,227
-
(1,227)
-
Bexley HAF Programmes
-
10,034
(10,034)
-
35,353
22,343
(31,230)
-|**March**
**2025**
**£**
951
-
17,057
4,259
-
-
11,437
600
-|
|---|---|
||34,304|
||**March**
**2024**
**£**
1,970
833
3,052
1,549
19,062
-
-
-
-
-|
||26,466|
page 19
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **17 Restricted funds**
**(Continued)**
## **Lord's Taverners minibus**
During 2018, the charity was grateful to receive a minibus from the Lord's Taverners. The donor requires that the vehicle must only be used for transporting disabled children and young people, nor can it be sold by Bexley Snap. Snap's own contribution to the cost of the minibus has been transferred into the fund. The initial value of the fund is based on average costs for such vehicles.
## **Jack Petchey Awards**
This fund holds awards received from the Jack Petchey Foundation, which are expended on projects and activities selected by the charity's beneficiaries.
## **Early Years Project**
A fundraised donation from Baby Ballet Shine contributed towards the cost of this service.
## **Bexley HAF Programme**
Represents funding received to enable the charity to deliver holiday clubs for children who are entitled to free school meals.
## **Website**
Funded by William Kendall - Investment into staff training working with a website developer to produce a new website the Snap team can maintain
## **London Youth - Getting Active Sports Programme**
Provision of physical activity through a variety of movement games and sport.
## **D of E**
Funding in relation to the Duke of Edinburgh Awards Scheme for young people aged 13 plus attending our Youth Clubs.
## **William Kendall Fund**
Funding to go towards set up and 1 years subscription for a new database and communication app called Family. The app is specifically designed for early years providers and families to communicate, share information and handle admin together culminating in streamlining processes and boosting communication.
## **Go! London Fund**
One year’s sports and physical activity programme for all ages and abilities. Offer spread out over various new and existing clubs/special events to boost disabled children and young people’s exercise and interest
## **The Grand Charity**
Donation received to go towards a wall mounted sensory caterpillar equipment.
## **Sainsbury's Helping Everyone to Eat Better Fund**
Two funding streams to provide food for vulnerable members of the community who are experiencing food poverty.
## **London Community Response Fund**
Two funding streams to fund a drama project and summer food and activity programme.
page 20
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **18 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 2024**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|---|---|---|---|---|---|
|||**resources**|**expended**||**2025**|
||**£**|**£**|**£**|**£**|**£**|
|Capital reserve|1,500|-|-|-|1,500|
|Investment fund|43,426|-|-|-|43,426|
|Exit strategy|20,000|-|-|-|20,000|
|General funds|58,428|203,093|(175,045)|(689)|85,787|
||123,354|203,093|(175,045)|(689)|150,713|
|**Previous year:**|**At 1 April 2023**|**Incoming**|**Resources**|**Transfers**|**At 31 March**|
|||**resources**|**expended**||**2024**|
||**£**|**£**|**£**|**£**|**£**|
|Capital reserve|1,500|-|-|-|1,500|
|Investment fund|43,426|-|-|-|43,426|
|Exit strategy|20,000|-|-|-|20,000|
|General funds|68,189|191,430|(201,191)|-|58,428|
||133,115|191,430|(201,191)|-|123,354|
## **Capital Reserve**
This fund holds the funds designated by Snap's Management Committee for future expenditure on capital equipment necessary to provide continuity of services
## **Investment Fund**
During the year ending 31 March 2005, a legacy was received from the estate of Mrs Nelhe Adelaide Johnson and that of her son, Mr Maurice Allan Johnson. The Management Committee decided that £100,000 should be held in an investment fund, in order to provide some annual income for charitable activities and to protect the value of the capital. The fund is held in reserve for unforeseen emergencies and is used to assure financial stability of the charity's operations, particularly where funding shortfalls occur. It is also used to fund the start-up costs of new projects and initiatives.
## **Exit Strategy**
This fund has been designated by the Management Committee for use only in the event of Snap's funding drying up to such an extent that it has to downsize substantially or can no longer continue to provide services and to support families. It comprises statutory redundancy payments only.
page 21
## **BEXLEY SNAP**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## _**FOR THE YEAR ENDED 31 MARCH 2025**_
## **19 Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**2025**
**2025**
**£**
**£**
**At 31 March 2025:**
Tangible assets
5,428
11,438
Current assets/(liabilities)
145,285
22,866
150,713
34,304
**Unrestricted**
**Restricted**
**funds**
**funds**
**2024**
**2024**
**£**
**£**
**At 31 March 2024:**
Tangible assets
721
19,063
Current assets/(liabilities)
122,633
7,403
123,354
26,466|**Total**
**2025**
**£**
16,866
168,151|
|---|---|
||185,017|
||**Total**
**2024**
**£**
19,784
130,036|
||149,820|
## **20 Operating lease commitments**
## **Lessee**
At the reporting end date the charity had outstanding commitments for future minimum lease payments under noncancellable operating leases, which fall due as follows:
|Within one year
**21**
**Related party transactions**|**2025**
**£**
6,700|**2024**
**£**
6,700|
|---|---|---|
||||
There were no disclosable related party transactions during the year (2024 - none).
page 22