2026-01-31-accounts

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

ANNUAL REPORT AND ACCOUNTS Year ending 31[st] January 2026

Item	Page Number
Company/Charity information	2
Directors'andTrustees'report	3-5
Independentexaminer'sreportto the Trustees	6
Statement of financial Activities	7
Balance sheet	8-9
Notes to the accounts	10-18

Company/Charity information

For the year ended 31[st] January 2026

Charity Trustees:

Kamal Hassan

Farhia Yusuf

Safi Mohamed Ali

Charity Status: Company Limited by Guarantee and Registered Charity

Charity Number: 1170908

Company Number: 08838578

Registered office:

Office E Stebbing House 5 Queensdale Crescent, London W11 4TF

Independent Examiner:

BK Community Accountant Ltd Chartered Certified Accountant 420/421 Arches, London. E3 4AA.

Bankers:

UNITY TRUST BANK

Trustees’ Annual Report

Year Ended 31 January 2026

Trustees Overview

2025/26 was a year of continued delivery and organisational development for Lido Foundation. Against a backdrop of sustained demand for welfare, housing and financial support, we continued to provide trusted frontline services while investing in the organisation’s longer-term resilience. The trustees’ focus during the year was to maintain the quality and accessibility of our services, strengthen governance and organisational capacity, and position Lido for a more sustainable and diversified future.

Objectives and Activities

Lido Foundation works to promote social inclusion and reduce poverty, inequality and disadvantage, particularly among communities experiencing barriers to accessing mainstream services.

During the year, our principal activities included welfare and benefits advice, housing support, money advice and emergency relief. Our approach combines practical advice and advocacy with helping residents build the confidence and knowledge to navigate services independently.

The trustees have had regard to the Charity Commission's guidance on public benefit when planning and delivering the charity's activities.

Achievements and Performance

During 2025/26, Lido supported 1,141 people through our welfare and Universal Credit work.

81% successfully resolved the issue they approached us about, while 68% reported increased confidence in dealing with similar issues independently. Housing represented 49% of presenting issues and benefits 44%, while 64% of service users identified language as a significant barrier.

More than 200 cases were reopened by the DWP for reassessment, resulting in outcomes including backdated payments, additional entitlements, arrangements relating to arrears and support that helped prevent or address housing crises.

Alongside frontline delivery, we invested in strengthening the organisation behind our services. We developed our fundraising capacity, strengthened partnerships and communications, and continued improving our governance. This investment is intended to reduce reliance on individual funding streams and ensure Lido has the organisational capacity to respond to changing community needs over the longer term.

Community Engagement

Our work continues to be shaped by the experiences of the communities we serve. Our close relationships with residents help us understand emerging needs, barriers to accessing mainstream services and where our support can make the greatest difference. We use feedback and learning from frontline delivery to adapt our services and inform future priorities.

Financial Review

Total income for the year was £93,758, with total expenditure of £162,125.

Project activity expenditure increased significantly from £32,451 to £56,380, reflecting increased investment in charitable delivery.

The deficit primarily reflects the planned use of restricted funds brought forward from previous periods to deliver charitable activities during the year, rather than an equivalent deterioration in the charity’s unrestricted financial position.

At 31 January 2026, Lido held £171,595 in total funds, comprising £99,951 unrestricted funds and £71,644 restricted funds.

Reserves Policy

The trustees recognise the importance of maintaining sufficient unrestricted reserves to protect the charity against unexpected reductions in income and enable continuity of essential services. The trustees will continue to review the appropriate level of reserves alongside the charity's expenditure commitments, funding profile and future plans.

Structure, Governance and Management

Lido Foundation is a charitable company limited by guarantee. The trustees are responsible for the charity's strategic direction, governance and oversight, with responsibility for day-to-day management delegated to the CEO and staff team.

During the period, we continued strengthening our governance and organisational systems to ensure Lido remains effective, accountable and responsive to the communities we serve.

Principal Risks and Uncertainties

The trustees consider funding sustainability and concentration of income to be among the charity's principal strategic risks. We are responding by strengthening fundraising, developing new partnerships and diversifying our income base. Trustees also continue to oversee risks relating to service demand, staffing, safeguarding, financial management and operational capacity, ensuring appropriate policies and controls remain in place.

Plans for Future Periods

Our priorities for the next period are to protect and strengthen our core welfare and advice services, diversify our funding, develop new services in response to community need, strengthen governance and partnerships, and invest further in organisational sustainability. We will build on the trust Lido has established within local communities while developing a broader and more resilient organisation capable of responding to emerging needs.

Independent Examiner

BK Community Accountant Ltd has been appointed as the charity’s independent examiner.

The trustees have prepared the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 (FRS 102), and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (Charities SORP (FRS 102)).

The trustees’ annual report was approved on 14[th] April 2026 and signed on behalf of the board of trustees by:

FARHIA YUSUF

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LIDO FOUNDATION YEAR ENDED 31 JANUARY 2026

I report to the trustees on my examination of the financial statements of Lido Foundation (‘the charity’) for the year ended 31 January 2026.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006(‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent Examiner’s Statement

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.

Accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act: or
The financial statements do not accord with those records; or
The financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
The financial statements have not been prepared in accordance with the methods and principles of the statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102).

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.

Md Iqbal Hossain MBA, FCCA, BK COMMUNITY ACCOUNTANT LTD, Chartered Certified Accountant, 420/421 Arches, London. E3 4AA.

Signature:

14/04/2026

LIDO FOUNDATION

Statement of Financial Activities

31st January 2026

Incoming / Expenditure Resources	Note	Unrestricted Funds	Restricted Funds	TOTAL Funds 2026	TOTAL Funds 2025
Income and endowments:		£	£	£	£
Donations & Member	7	6,490	-	6,490	10,211
Grants from Government and other Charities	7	1,000	86,268	87,268	110,268
Total Income		7,490 ========	86,268 =======	93,758 =======	120,479 ======
Expenditure:
Fundraising Costs		-	12,000	12,000	12,000
Charitable Activities	8	7,182	141,443	148,625	125,807
Governance Cost		-	1,500	1,500	1,500
Total expenditure		7,182 =======	154,943 =======	162,125 =======	139,307 ======
Net Income & net movement in funds		308 =======	(68,675) =======	(68,367) =======	(18,828) =======
Reconciliation of funds:
Total funds brought forward		99,643	140,319	239,962	258,790
Total funds carried forward	16	99,951 ========	71,644 =======	171,595 =======	239,962 =======

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

The notes on page 10 to 18 from part of these financial statements.

LIDO FOUNDATION Company Limited by Guarantee Statement of financial position	LIDO FOUNDATION Company Limited by Guarantee Statement of financial position	LIDO FOUNDATION Company Limited by Guarantee Statement of financial position	LIDO FOUNDATION Company Limited by Guarantee Statement of financial position


	31st	January 2026

FIXED ASSETS	Note			2026	2025
		Restricted £	Unrestricted £	Total £	Total £
Tangible Fixed Assets			- -------	- --------	- --------
Current Assets


Cash at Bank and hand:		74,644	99,951	174,595	196,233
Debtors	14	-	-	-	58,134
Total Current Assets		74,644 ----------	99,951 ------------	174,595 --------	254,367 --------
Current Liabilities


Creditors: Amounts falling due withinone year	15	(3,000)	-	(3,000)	(14,405)
Net current Assets		71,644 ----------	99,951 ------------	171,595 --------	239,962 --------
Net Assets				171,595	239,962
Funds of the charity


Unrestricted Funds	16		99,951		99,643
Restricted Funds	16		71,644		140,319
Total Charity Funds				171,595 ======	239,962 ======

For the year ending 31[st] January 2026, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small Companies

regime and with Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

These financial statements were approved by the board of trustees & authorised for issue on 14[th] April 2026, and are signed on behalf of the board by:

Signed

Name: FARHIA YUSUF

The notes on page 10 to 18 form part of these financial statements

Notes to the financial statements

Year ended 31[st] January 2026

1. General Information

The Charity is a private Company Limited by Guarantee, registered in England & Wales and a registered charity in England & Wales. The address of the registered office is Office E Stebbing House, 5 Queensdale Crescent, London, W11 4TF.

2. Statement of Compliance

These financial statements have been prepared in compliance with FRS102,’ The Financial Reporting Standard applicable in the UK and the Republic of Ireland’, the 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) (charities SORP(FRS 102)) and the charities Act 2011.

3. Accounting policies

Incoming resources

Voluntary income and donation are included in incoming resources when they are receivable except when the donors specify that they must be used in future accounting periods or donor’s conditions have not been fulfilled, then income is deferred. The income from fundraising ventures is shown gross.

Donated services and facilities

Income from donated services and facilities is included in incoming resources at a valuation, which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised when there is no financial cost borne by a third party.

Resources expended

Resources expended are included in the statement of financial activities on an accruals basis, inclusive of any VAT, which cannot be recovered. Expenditure, which is directly attributable to specific activities, has been included in these cost categories, where costs are attributable to more than one activity, they have been apportioned across the cost of generating funds on a basis consistent with the use of these resources.

Cost of generating funds includes salaries, direct expenditure and overhead costs of the staff who promote fundraising including events. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Funds

Restricted funds are to be used for specific purpose as laid down by the donor. Expenditure, which meets these criteria, is charged to the fund together with a fair allocation of management and support costs. Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the management committee for particular purposes.

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income & expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

There are no material uncertainties about the charity’s ability to continue.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemption: No cash flow statement has been presented for the company.

Judgements and Key Sources of Estimation Uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees to further any of the charity’s purpose.

Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.

Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub- classes: restricted income funds or endowment funds.

Incoming resources

All incoming resources are included in the statement of financial activities when entitlement has passed to the charity: it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:

Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipts is probable and its amount can be measured reliably.
Legacy income is recognised when receipt is probable and entitlement is established.
Income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value can be reliably measured. No amounts are included for the contribution of general volunteers.
Income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned it unspent, in which case it may be regarded as restricted.

Resources expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:

Expenditure on raising funds includes the costs of all fundraising activities, events non-charitable trading activities and the sale of donated goods.
Expenditure on charitable activities includes all costs incurred by a charity in under taking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.

Other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.

All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.

Tangible Assets

All fixed assets are initially recorded at cost.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of assets, less its residual value, over the useful economic life of those assets as follows: Furniture & equipment 20% reducing balance

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The company is limited by guarantee without share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member.

5. Pensions and other post - retirement benefits

All staff has been offered a pension contribution recognised by HMRC. All staff has opted out so there are no pension assets to administer and there is no other post – retirement benefits funded by the charity.

6. Financial Instruments:

Carrying amount: Debt instruments on the balance sheet represent real and fair value. Financial liabilities on the balance sheet represent real and fair value.

7. Income from donations and legacies

Grants, donations and legacies:	Unrestricted Funds	Restricted Funds	2026	2025
	£	£	£	£
Donations:
Fundraising and Donations	6,490	-	6,490	10,211
Public Sector & Trusts:
LBH&F	-	86,268	86,268	86,268
MERCY TO HUMAITY	-	-	-	-
Community Organisation	-	-		9,000
Tudor Trust	-	-	-	-
United in H&F Charity	1,000	-	1,000	15,000
LBH&F – Winter Support	-	-	-	-
TOTAL	7,490 ========	86,268 =======	93,758 ======	120,479 ======

8. Expenditure on Charitable Activities by Activity type:

Charitable activities & Support Cost	Services			Total Funds	Total 2025
		Governance	Fund raising	2026

	£	£	£	£	£
Professional fees/ Fundraising cost	5,000	-	12,000	17,000	18,350
Salary (incl. PAYE& NI)	69,066	-	-	69,066	64,083
Telephone & Internet	848	-	-	848	685
Rent and Rates	16,516	-	-	16,516	20,006
Utilities	815	-	-	815	919
Compliance	-	1,500	-	1,500	1,500
Repair & Maintenance	-	-	-	-	-
Project Activities Cost	56,380	-	-	56,380	32,451
Administration Cost	-	-	-	-	1,313
Total	148,625 =======	1,500 ======	12,000 =======	162,125	139,307 =======
				=======

9. Independent examination fees

	2026	2025
Fees payable to the Independent examiner for:	£	£
Independentexamination of the financial statements	1,500	1,500
Total	1,500 ========	1,500 =======

10. Staff Cost:

The total staff costs and employee benefits for the reporting period are analysed as follows:

	2026	2025
	£	£
Wages & Salaries	69,066	64,083
PAYE	-	-
Total	69,066 =======	64,083 =======

No employee earned more than £60,000 during the year (2025-2026: nil).

Average Number of Employees:

	2026	2025
	£	£
Full time	2	2
Part Time	4	5
Total	6 ======	7 ======

11.Trustee remuneration and expenses:

Charities SORP (FRS 102) requires the following statements to be made: The charity trustees were not paid or received any other benefits from employment with the charity in the year (2025: £nil). No charity trustee received payment for professional or other services supplied to the charity (2025: £nil).

12.Related parties:

There are no related party transactions during the year.

13.Tangible Fixed Assets

Furniture & Fixtures Equipment

Total

		£	£	£
	Cost
At 1st February 2025		-	-	-
Additions			-
At 31st January 2026		-	-	-
		Depreciation
At 1st February 2025		-	-	-
Charge this period		-	-	-
At 31st January 2026		-	-	-
		Net book value
At31st January 2026		-	-	-
At 31st January 2025		-	-	-

14.Debtors:

	2026	2025
	£	£
LBH&F	-	43,134
Hammersmith United Charity	-	15,000
Total	- =========	58,134 =========

15.Creditors: amounts falling due within one year

	2026	2025
	£	£
Trade Creditors	1,500	12,905
Independent Examination fees	1,500	1,500
Total	3,000 ======	14,405 ======

16. Fund balance brought forward & carried forward

Funds:	Balance at	Incoming	Incoming	Outgoing	Balance at 31st
	1st Feb 2025	Unrestricted	Restricted		January 2026

Restricted Funds:	£	£	£	£	£
Balance brought Forward	136,449	-	-	64,805	71,644
LBH&F	3,870	-	86,268	90,138	-
Sub Total	140,319	-	86,268	154,943 ----------	71,644
	------------	-----------	------------		------------
Unrestricted Fund:
Brought Forward	89,777	-	-	-	89,777
Community Organisation	-		-		-
United in H&F	-	1,000	-	1,000	-

Membership and Donation	9,866	6,490	-	6,182	10,174
Sub Total	99,643	7,490	-	7,182 ----------	99,951
	------------	-----------	-----------		------------
Total Fund Carried Forward	239,962	7,490	86,268	162,125 ======	171,595
	======	======	======		======

17. Income in Details:

17. Income in Details:
Income and Endowments:	2026	2025
Donations:	£	£
Fundraising and Donations	6,490 ---------	10,211 ---------
Public Sector & Trusts:
LBH&F	86,268	86,268
Mercy to Humanity	-	-
Community Organisation	-	9,000
Tudor Trust	-	-
United in H&F Charity	1,000	15,000
LBH&F – Winter Support	-	-
Total Income	93,758 ========	120,479 ========

18.Expenditure in details:

Expenditure:	2026	2025
Expenditure on charitable activities:	£	£
Salary & Wages	69,066	64,083
PAYE	-	-
Telephone & Internet	848	685
Rent and Rates	16,516	20,006
Utilities	815	919
Governance costs	-	40
Professional & Accountancy Fees	1,500	2,200
Fundraising cost	12,000	12,000
Project Activities Cost	56,380	32,451
Volunteer cost	-	1,350
Consultancy	5,000	5,000
Repair & Maintenance	-	-
Administration cost	-	573
Depreciation	-	-
Total Expenditure	162,125 ========	139,307 ========
Net Movement in Funds	(68,367) ========	(18,828) ========

CONTENTS

Company/Charity information

Registered office:

Independent Examiner:

Trustees’ Annual Report

Year Ended 31 January 2026

Trustees Overview

Objectives and Activities

Achievements and Performance

Community Engagement

Financial Review

Reserves Policy

Structure, Governance and Management

Principal Risks and Uncertainties

Plans for Future Periods

Independent Examiner

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF LIDO FOUNDATION YEAR ENDED 31 JANUARY 2026

Responsibilities and basis of report

Independent Examiner’s Statement

Signature:

LIDO FOUNDATION

Statement of Financial Activities

31st January 2026

The notes on page 10 to 18 from part of these financial statements.

Name: FARHIA YUSUF

The notes on page 10 to 18 form part of these financial statements

Notes to the financial statements

1. General Information

2. Statement of Compliance

3. Accounting policies

Incoming resources

Donated services and facilities

Resources expended

Funds

Basis of preparation

Going concern

Disclosure exemptions

Judgements and Key Sources of Estimation Uncertainty

Fund accounting

Incoming resources

Resources expended

Tangible Assets

Depreciation

Defined contribution plans

4. Limited by guarantee

5. Pensions and other post - retirement benefits

6. Financial Instruments:

7. Income from donations and legacies

8. Expenditure on Charitable Activities by Activity type:

9. Independent examination fees

10. Staff Cost:

The total staff costs and employee benefits for the reporting period are analysed as follows:

No employee earned more than £60,000 during the year (2025-2026: nil).

Average Number of Employees:

11.Trustee remuneration and expenses:

12.Related parties:

13.Tangible Fixed Assets

14.Debtors:

15.Creditors: amounts falling due within one year

16. Fund balance brought forward & carried forward

17. Income in Details:

18.Expenditure in details: