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← Claridge House

2025-05-31-accounts

Charity no. 1167155

Claridge House Report and Unaudited Financial Statements 31 May 2025

Claridge House

Reference and administrative details

For the year ended 31 May 2025

Charity number 1167155
Registered office and Claridge House
operational address Dormans Road
Dormansland
Lingfield
RH7 6QH
Trustees The trustees who served during the year and up to the date of this report
were as follows:
Fergal Crossan
Jennifer Cuff Appointed 1 July 2025, resigned 27
November 2025
Antony Day Appointed 29 January 2026
Irina Eltsova Resigned 30 April 2025
Lesley Evans Appointed 1 July 2025
Jane Jenner Resigned 31 May 2025
Gail Lineham Resigned 31 May 2025
Dr David Robson Appointed 1 May 2025
Cherry Simpkin Clerk (Chair) of Trustees'
Anne Simpson Resigned 31 May 2025
Georgina Wilson Resigned 2 January 2025
Manager Meredith Wood
Bankers Lloyds Bank plc.
1 - 3 London Road
East Grinstead
West Sussex
RH19 1AH
Solicitors Bates, Wells and Braithwaite
10 Queen Street Place
London
EC4R 1BE
Independent examiners Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

1

Claridge House

Report of the trustees

For the year ended 31 May 2025

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

Objectives and activities

The object of the CIO is the provision of a Centre for rest and renewal for those who are under stress or strain, or in any condition in which a time of rest and renewal would be beneficial, with a view to helping them attain health and strength in their lives. The Centre also runs Retreats and Quiet Days and short courses aimed at promoting rest and renewal.

The CIO seeks to attract new guests through its website, entry in the Retreat Association's website and handbook, and through a range of publications available to the general public.

Public benefit

The Trustees believe that the charities object and activities offer public benefit in accordance with the guidance published by the Charity Commission.

Guests come from all over the UK and, typically, include:

Guests can come for an unstructured personal retreat or they can attend one of our courses or workshops, aimed at promoting physical, mental and spiritual well-being, on subjects such as yoga, Alexander technique, coping with change, painting for relaxation, creative writing, Qigong, mindfulness, harp playing, sound healing, forest bathing and various aspects of healing, including selfhealing.

We also offer drop-in sessions for those who need warmth and company, happiness cafes and death cafes. There is no fee to attend.

We also make the house available for groups specialising in helping those with specific health conditions or who are living under stressful conditions to run their own events for their beneficiaries.

Bed and breakfast facilities are also provided on a commercial basis to supplement the charitable income. A number of bed and breakfast guests have returned to attend courses and take individual personal retreats.

2

Claridge House

Report of the trustees

For the year ended 31 May 2025

The centre is run in accordance with the philosophy and principles of the Religious Society of Friends (Quakers) but welcomes people of all religious beliefs or none. We seek to meet guest's spiritual needs by:

We also have a well-stocked library of books on healing and spirituality.

Healing therapies are also provided such as spiritual healing and massage.

The Trust operates a bursary scheme to help those who are less financially advantaged and would otherwise be unable to take advantage of what we offer.

Claridge House operates a Friend in Residence Scheme under which a Quaker volunteer will live in the house and carry out various duties such as welcoming guests and ensuring they are comfortable, being available as someone to talk to and leading the Quiet Times. The presence of a Friend in Residence helps to maintain the Quaker ambience of the house and contributes to the healing process.

Risks

Trustees regularly review the major risks to which the charity is exposed and put appropriate actions in place to mitigate these risks.

The cost of living crisis continues to impact on the activities of the Charity with people being less inclined to spend on non-essential items. Consequential, low or late bookings, leading to income reductions and uncertainty, coupled with higher costs due to inflationary pressures, particularly with regards to energy bills, has resulted in increasingly tighter margins. The longer-term effect of this on Claridge House is still unclear with the impact expected to continue for some while.

Other risks identified:

Achievements and performance

The House continues to attract a wide range of guests, who benefit from what the House offers. Guest feedback shows that the aim of the Trust to provide opportunities for rest and renewal continues to be fulfilled. The personal attention given to help meet the needs of individual guests has been much appreciated.

During the year, we continued to widen our links with charities, the local community, other interfaith groups, healing and alternative therapists networks being a Quaker recognised body. Alongside other appropriate groups looking to hire the house for retreats and respite breaks.

3

Claridge House

Report of the trustees

For the year ended 31 May 2025

In August 2024, we have held an Open Day to promote our work. This included talks on our work, tours of the house and garden and taster sessions of our activities and healing therapy sessions. This introduced many people to the house and what we have to offer, including local residents.

We have set up a separate therapy room to enable local therapists to better provide services to guests.

We have created a dedicated marketing post to better promote our services and widen our customer base.

We have set up a shop providing fair trade goods, jewellery, and products to promote health and wellbeing. These are also available to buy on our website.

Our website and booking system has been upgraded and modernised to make it more attractive to a wider audience and enable potential guests to book online. However, there have been some problems with the new booking system which we are now looking to replace.

Financial review

The Trustees have a reasonable expectation that the CIO has sufficient funds to continue in operational existence for the foreseeable future.

The charity's overall income for the year was £235,512.

To ensure liquidity and smooth cashflow, all assets are held in cash deposits.

The charity's principal sources of income are guest fees and charitable donations and legacies. The guest income is insufficient to cover running costs and needs to be supplemented by donations if fees are to be kept at an affordable level for most guests and to avoid excessive strain on the bursary fund.

The Charity's total net assets at 31 May 2025 were £946,180 including tangible fixed assets (mainly land and buildings) of £889,041. At 31 May 2025, the charity held unrestricted funds of £40,888 (compared to £56,280 in 2024) and restricted funds of £905,292 (compared to £936,551 in 2024).

Reserves

The CIO maintains sufficient unrestricted reserves to cover 3 months' worth of fixed costs (currently approximately £36,000).

The Trustees monitor finances closely through regular income and expenditure reports. Their aim remains to achieve trading profitability by increasing the customer base through improved marketing strategies and so that donations and legacies can be used to develop the work of the charity. make capital improvements, and build up the bursary fund.

4

Claridge House

Report of the trustees

For the year ended 31 May 2025

Plans for future periods

Going forward, we will, as a board:

Structure, governance and management

The charity is a Charitable Incorporated Organisation ("the CIO") registered with the Charity Commission on 17 May 2016 and governed by a Constitution.

The CIO took over ownership and responsibility for the running of the Retreat Centre known as Claridge House from an unincorporated Trust, Friends Fellowship of Healing: Claridge House ("the Trust") on 31 August 2016.

The Trustees are appointed by the Board of Trustees. Trustees are appointed initially for a period of three years and are then eligible for re-appointment for a further three years. A period of a year must then elapse before a further re-appointment.

The Trustees appoint the manager, who manages the day to day running of the House. The manager reports regularly to the Trustees. Other staff are appointed by the manager.

Statement of responsibilities of the trustees

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with 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).

The law applicable to charities in England and Wales 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 charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those financial statements the trustees are required to:

5

Claridge House

Report of the trustees

For the year ended 31 May 2025

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 3 March 2026 and signed on their behalf by

Cherry Simpkin Clerk (Chair) of Trustees'

6

Independent examiner's report

To the trustees of

Claridge House

I report to the trustees on my examination of the accounts of Claridge House (the CIO) for the year ended 31 May 2025, which are set out on pages 8 to 21.

Responsibilities and basis of report

As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the CIO’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Godfrey Wilson Limited provides bookkeeping services to the CIO. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2024, which I have applied with respect to this engagement.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Date: 4 March 2026 Robert Wilson FCA Member of the ICAEW Godfrey Wilson Limited

Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

7

Claridge House

Statement of financial activities

For the year ended 31 May 2025

Note
Total income(and endowments)
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
Total funds carried forward
Expenditure on:
Raising funds
Charitable activities
8
9
Reconciliation of funds:
Total funds brought forward
Income_(and endowments)_from:
Donations and legacies
Charitable activities
Other trading activities
Investments
3
4
5
6
4,274
231,238
-
-
35,133
246,630
246,630
(30,859)
(15,392)
-
-
(15,392)
936,151
56,280
905,292
40,888
Restricted Unrestricted
£
£
35,133
(30,859)
4,274
-
-
-
3,886
160,579
39,720
27,053		 235,512
246,003
-
-
281,763
256,071
281,763
256,071
(46,251)
(10,068)
-
-
(46,251)
(10,068)
992,431
1,002,499
946,180
992,431
Restated
2024
Total
£
2025
Total
£
8,160
160,579
39,720
27,053
25,094
138,465
54,850
27,594		 Restated
2024
Total
£

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 17 to the accounts.

Prior period income and expenditure have been reclassified to reflect the requirements of the Charities SORP (FRS 102) and to be comparable with the current year. The restatements are purely reclassifications of income and expenditure and do not affect net income.

8

Claridge House

Balance sheet

As at 31 May 2025

Restated
2025 2024
Note £ £ £
Fixed assets
Tangible assets 12 889,041 920,563
Current assets
Debtors 13 18,580 25,405
Cash at bank and in hand Cash at bank and in hand 78,159 87,593
96,739 112,998
Liabilities
Creditors: amounts falling due within 1 year 14 (39,600) (41,130)
Net current assets / (liabilities) Net current assets / (liabilities) 57,139 71,868
Net assets / (liabilities) 16 946,180 992,431
Funds 17
Restricted funds 905,292 936,151
Unrestricted funds
General funds 40,888 56,280
Total charity funds Total charity funds 946,180 992,431 992,431

Approved by the trustees on 3 March 2026 and signed on their behalf by

Cherry Simpkin Clerk (Chair) of Trustees'

9

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

1. Accounting policies

a) General information and basis of preparation

ABC Charity is a charitable incorporated organisation registered in England and Wales. The registered office address is Claridge House, Dormans Road, Dormansland, Lingfield, RH7 6QH.

The financial statements have been prepared in accordance with 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) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

Claridge House meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Income received in advance of provision of a specified service is deferred until criteria for income recognition are met.

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

10

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of staff time as follows:

2025
2024
Raising funds
Charitable activities
0.0%
100.0%
0.0%
100.0%		 2025
2024
Raising funds
Charitable activities
0.0%
100.0%
0.0%
100.0%
Raising funds
Charitable activities		 0.0%
100.0%

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Buildings and property improvements 2% straight line Fixtures and fittings 20% reducing balance Land Not depreciated

Items of equipment are capitalised where the purchase price exceeds £1,500.

11

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

j) Stock

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Financial instruments

The trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

o) Pension costs

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

p) Foreign currency transactions

Transactions in foreign currencies are translated at rates prevailing at the date of the transaction. Balances denominated in foreign currencies are translated at the rate of exchange prevailing at the year end.

q) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying 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 if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are depreciation as described in note 1)i above.

12

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

2. Prior period comparatives: statement of financial activities - restated

Total income
Total expenditure
Net income / (expenditure)
Transfers between funds
Net movement in funds
Income from:
Donations and legacies
Charitable activities
Other trading activities
Investments
Expenditure on:
Raising funds
Charitable activities		 4,193
241,810
-
-
32,300
223,771
32,300
223,771
(28,107)
18,039
(1,280)
1,280
(29,387)
19,319
Restricted Unrestricted
£
£
4,193
-
-
-
20,901
138,465
54,850
27,594		 2024
Total
£		 2024
Total
£
25,094
138,465
54,850
27,594
246,003
-
256,071
256,071
(10,068)
-
(10,068)

13

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

3. Income from donations and legacies

3.
Income from donations and legacies
Total income from donations and legacies
Prior period comparative:
Donations
Legacies
Total income from donations and legacies
4.
Income from charitable activities
Total income from charitable activities
Prior period comparative:
Total income from charitable activities
Donations
Legacies
Courses
Group stay courses
House hire
Retreats
Courses
Group stay courses
House hire
Retreats		 4,274
819
-
3,067
4,274
3,886
Restricted Unrestricted
£
£
4,193
3,065
-
17,836
4,193
20,901
67,019
35,510
4,067
53,983
-
160,579
Restricted Unrestricted
£
£
63,103
29,865
2,793
42,704
-
138,465
Restricted Unrestricted
£
£
Restricted Unrestricted
£
£
-
-
-
-
-
-
-
-		 5,093
3,067
8,160
2025
Total
£		 2025
Total
£
7,258
17,836
2024
Total
£
25,094
160,579
2025
Total
£
67,019
35,510
4,067
53,983
2024
Total
£
63,103
29,865
2,793
42,704
138,465

14

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

5. Income from other trading activities

Income from other trading activities
Total income from other trading activities
Prior period comparative:
Total income from other trading activities
BNB bookings
Extra meals
Other
BNB bookings
Extra meals
Other		 -
36,406
-
1,028
-
2,286
-
39,720
Restricted Unrestricted
£
£
-
49,345
-
1,719
-
3,786
-
54,850
Restricted Unrestricted
£
£		 36,406
1,028
2,286
39,720
2025
Total
£		 2025
Total
£
49,345
1,719
3,786
54,850
2024
Total
£

6. Income from other investments

Income from other investments
Total income from other trading activities
Prior period comparative:
Total income from other trading activities
Rent from flat
Tenancy rent
Tenancy utilities
Rent from flat
Tenancy rent
Tenancy utilities		 -
9,504
-
16,278
-
1,271
-
27,053
Restricted Unrestricted
£
£
-
9,504
-
15,750
-
2,340
-
27,594
Restricted Unrestricted
£
£		 9,504
16,278
1,271
27,053
2025
Total
£		 2025
Total
£
9,504
15,750
2,340
27,594
2024
Total
£

7. Government grants

The charity received no government grants in this or the prior period.

15

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

8. Total expenditure

Total expenditure
Sub-total
Allocation of support and governance costs
Total expenditure
Wages and salaries (note 10)
Depreciation
Household & provisions
Rates, light and heat
General maintenance
Course expenses
Professional fees
Marketing
Claridge House expenses
Bank charges
Governance		 170,928
110,835
281,763
Charitable
activities
£
146,093
-
24,835
-
-
-
-
-
-
-
-		 110,835
(110,835)
-
Support and
governance
costs
£
-
31,522
-
22,410
19,333
11,421
7,499
7,283
6,161
4,969
237		 281,763
-
281,763
2025 Total
£
146,093
31,522
24,835
22,410
19,333
11,421
7,499
7,283
6,161
4,969
237		 149,897
106,174
256,071
Charitable
activities
£
121,179
-
28,718
-
-
-
-
-
-
-
-		 106,174
(106,174)
-
Support and
governance
costs
£
-
32,048
-
22,098
18,082
11,460
6,089
1,151
7,258
6,479
1,509		 256,071
-
2024 Total
£
121,179
32,048
28,718
22,098
18,082
11,460
6,089
1,151
7,258
6,479
1,509
256,071

Total governance costs were £2,637 (2024: £1,749)

16

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

9. Net movement in funds

This is stated after charging:

Depreciation
Operating lease payments
Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration:
Statutory audit (excluding VAT)
Other services		 31,522
2025
£
Nil
237
2,000
1,623		 32,048
2024
£
Nil
309		 2024
£
Depreciation
Operating lease payments
Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration:
Statutory audit (excluding VAT)
Other services
2,000
1,623		 1,200
2,538

10. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs
Freelance staff
Other staff costs		 146,093
121,179
2025
£
2024
£
102,227
2,968
1,752
32,896
6,250
100,135
2,083
1,896
16,164
901		 2024
£

No employee earned more than £60,000 during the year.

The key management personnel of the charity comprise the Trustees and manager. The total employee benefits of the key management personnel were £49,393 (2024: £45,399).

2025 2024
No. No.
Average head count 6.83 6.50

11. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

17

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

12. Tangible fixed assets

Tangible fixed assets
Land
£
1,000,000
90,600
367,861
-
-
-
-
-
-
At 31 May 2025
1,000,000
90,600
367,861
468,333
-
80,055
20,000
-
9,424
-
-
-
At 31 May 2025
488,333
-
89,479
511,667
90,600
278,382
At 31 May 2024
531,667
90,600
287,806
Debtors
Creditors: amounts falling due within 1 year
Buildings
£
Property
improvements
£
Cost
At 1 June 2024
Additions in year
Disposals
Depreciation
At 1 June 2024
Charge for the year
On disposals
Net book value
At 31 May 2025
Trade debtors
Gift aid receivable
Trade creditors
Gift vouchers
Accruals
Other taxation and social security
Pension
Deferred income (see note 15)

Property
improvements
£		 Fixtures and
fittings
£		 1,609,790
-
-
1,609,790
689,227
31,522
-
720,749
889,041
Total
£
367,861
-
-
367,861
80,055
9,424
-
89,479
278,382
287,806
920,563
2024
£
18,037
543
18,580		 24,876
529
25,405
39,600
2025
£
1,055
350
2,895
955
396
33,949		 41,130
2024
£
207
500
4,453
832
461
34,677

13. Debtors

14. Creditors: amounts falling due within 1 year

18

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

15. Deferred income

At 31 May
Deferred income relates to bookings received in advance.
At 1 June
Deferred during the year
Released during the year		 34,677
(34,677)
33,949
33,949
2025
£		 28,657
(28,657)
34,677
34,677
2024
£		 2024
£

16. Analysis of net assets between funds

Net assets at 31 May 2025
Prior year comparative
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 May 2024
Tangible fixed assets
Current assets
Current liabilities		 889,041
16,251
-
905,292
920,563
15,588
-
936,151
Restricted
funds
£
Restricted
funds
£		 Restricted
funds
£		 General
funds
£

19

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

17. Movements in funds

Total restricted funds
Restricted funds
Bursary
Capital
Other
Property
Sanctuary
Terrace		 936,151
At 1 June
2024
£
12,216
10,490
11
910,073
3,008
353		 936,151
At 1 June
2024
£
12,216
10,490
11
910,073
3,008
353		 4,274
231,238
231,238
235,512
Income
£
4,124
-
150
-
-
-		 Income
£		 Income
£		 Expenditure
£		 Expenditure
£		 Transfers
between
funds
£		 At 31 May
2025
£
-
-
-
-
-
-
-
-
-
-		 16,251
8,392
-
880,649
-
-
905,292
40,888
40,888
946,180
12,216
10,490
11
910,073
3,008
353		 4,124
-
150
-
-
-		 (89)
(2,098)
(161)
(29,424)
(3,008)
(353)
936,151
Unrestricted funds
General funds		 56,280
Total unrestricted funds
Total funds		 56,280
992,431

Purposes of restricted funds Bursary fund Used to subsidise guests who cannot afford the full fee for staying at Claridge House.

Capital / property funds Represent the net book value of tangible fixed assets. Sanctuary fund Used to provide stays at Claridge House for groups of refugees and asylum seekers.

Terrace fund

Used to hold funds raised for an extension to the terrace.

20

Claridge House

Notes to the financial statements

For the year ended 31 May 2025

17. Movements in funds (continued) - restated
Prior year comparative
At 1 June
2023
Income
£
£
Total restricted funds
965,538
4,193
241,810
Total unrestricted funds
36,961
241,810
Total funds
1,002,499
246,003
Unrestricted funds
General funds
36,961
Restricted funds
Bursary
Capital
Other
Property
Sanctuary
Terrace
9,555
13,114
11
939,497
3,008
353
4,193
-
-
-
-
-		 Expenditure
£
(32,300)
(223,771)
(223,771)
(256,071)
(252)
(2,624)
-
(29,424)
-
-		 Transfers
between
funds
£
(1,280)
1,280
1,280
-
(1,280)
-
-
-
-
-		 At 31 May
2024
£
936,151
56,280
56,280
992,431
12,216
10,490
11
910,073
3,008
353		 At 31 May
2024
£
936,151
56,280
56,280
992,431
12,216
10,490
11
910,073
3,008
353
12,216
10,490
11
910,073
3,008
353
936,151
56,280
56,280
992,431

18. Related party transactions

Other than as disclosed in note 9 to the accounts, there were no related party transactions in the current or prior period.

21