REGISTERED COMPANY NUMBER: CE009585 (England and Wales) REGISTERED CHARITY NUMBER: 1171051
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
FOR
ZEBRAS CHILDREN AND ADULTS CHARITY
Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS
ZEBRAS CHILDREN AND ADULTS CHARITY
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 2 |
| Independent Examiner's Report | 3 | ||
| Statement of Financial Activities | 4 | ||
| Statement of Financial Position | 5 | to | 6 |
| Notes to the Financial Statements | 7 | to | 14 |
| Detailed Statement of Financial Activities | 15 | to | 16 |
ZEBRAS CHILDREN AND ADULTS CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 28 February 2025. The trustees have adopted the provisions of 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
Objectives and aims
To provide or assist in the provision of facilities in the interests of social welfare for recreation or other leisure time occupation of individuals who have need of such facilities by reason of their youth, age infirmity or disability, financial hardship or social circumstances with the object of improving their conditions of life.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
CE009585 (England and Wales)
Registered Charity number
1171051
Registered office
59B Lancaster Road Enfield Middlesex EN2 0BU
Trustees
Ms M N Frankland Ms E R Piercy Ms G Paschalis J P Ashton D Cornhill Ms T Penn
Independent Examiner
Mr Michael Filiou Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS
Approved by order of the board of trustees on 14 May 2025 and signed on its behalf by:
Page 1
ZEBRAS CHILDREN AND ADULTS CHARITY
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 28 FEBRUARY 2025
Ms M N Frankland - Trustee
Page 2
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ZEBRAS CHILDREN AND ADULTS CHARITY
Independent examiner's report to the trustees of Zebras Children and Adults Charity ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 28 February 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts 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 your 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 Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
-
the accounts 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 accounts 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 (FRS 102)).
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.
Mr Michael Filiou
Michael Filiou Ltd Chartered Certified Accountants www.michaelfiliou.com Salisbury House 81 High Street Potters Bar Hertfordshire EN6 5AS
14 May 2025
Page 3
ZEBRAS CHILDREN AND ADULTS CHARITY
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2025
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 27,607 Other trading activities 3 2,339 Total 29,946 EXPENDITURE ON Raising funds 4 21,648 Charitable activities 5 Charitable activities 14,299 Other 1,464 Total 37,411 NET INCOME/(EXPENDITURE) (7,465) Transfers between funds 15 (3,744) Net movement in funds (11,209) RECONCILIATION OF FUNDS Total funds brought forward 26,067 TOTAL FUNDS CARRIED FORWARD 14,858 |
Restricted fund £ 24,947 - 24,947 13,587 31,084 312 44,983 (20,036) 3,744 (16,292) 5,200 (11,092) |
2025 Total funds £ 52,554 2,339 54,893 35,235 45,383 1,776 82,394 (27,501) - (27,501) 31,267 3,766 |
2024 Total funds £ 162,765 2,693 |
|---|---|---|---|
| 165,458 | |||
| 41,408 111,871 1,661 |
|||
| 154,940 | |||
| 10,518 - |
|||
| 10,518 20,749 |
|||
| 31,267 |
The notes form part of these financial statements
Page 4
ZEBRAS CHILDREN AND ADULTS CHARITY
STATEMENT OF FINANCIAL POSITION 28 FEBRUARY 2025
| Unrestricted Restricted fund fund Notes £ £ FIXED ASSETS Tangible assets 11 3,458 633 CURRENT ASSETS Debtors 12 1,000 - Cash at bank 2,517 - 3,517 - CREDITORS Amounts falling due within one year 13 7,883 (11,725) NET CURRENT ASSETS/(LIABILITIES) 11,400 (11,725) TOTAL ASSETS LESS CURRENT LIABILITIES 14,858 (11,092) NET ASSETS 14,858 (11,092) FUNDS 15 Unrestricted funds Restricted funds TOTAL FUNDS |
2025 Total funds £ 4,091 1,000 2,517 3,517 (3,842) (325) 3,766 3,766 14,858 (11,092) 3,766 |
2024 Total funds £ 3,955 1,000 26,777 27,777 (465) 27,312 31,267 31,267 26,067 5,200 31,267 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
Page 5
ZEBRAS CHILDREN AND ADULTS CHARITY
STATEMENT OF FINANCIAL POSITION - continued 28 FEBRUARY 2025
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 14 May 2025 and were signed on its behalf by:
M N Frankland - Trustee
The notes form part of these financial statements
Page 6
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
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. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
continued...
Page 7
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
| 2. DONATIONS AND LEGACIES Donations 3. OTHER TRADING ACTIVITIES Fundraising events 4. RAISING FUNDS Raising donations and legacies Sundries Room hire Project management costs 5. CHARITABLE ACTIVITIES COSTS Charitable activities 6. SUPPORT COSTS Management £ Other resources expended 1,776 Charitable activities 18,476 20,252 |
Direct Costs £ 26,102 Finance £ - 417 417 |
|
|---|---|---|
continued...
Page 8
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Depreciation - owned assets | 1,022 | 989 |
8. TRUSTEES' REMUNERATION AND BENEFITS
Gross salary of £12,117 and employer pension of £761 was paid to Mr J P Aston, trustee who resigned on 1.3.21. Gross salary of £2,542 and employer pension of £42 was paid to Mr H Paschalis, trusee who resigned on 1.4.21.
Trustees' expenses
There were no trustees' expenses paid for the year ended 28 February 2025 nor for the year ended 29 February 2024.
9. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
2025 £ 14,658 25 803 15,486 |
2024 £ 47,500 5 2,802 |
|---|---|---|
| 50,307 |
The average monthly number of employees during the year was as follows:
| 2025 | 2024 | |
|---|---|---|
| Staff | 2 | 2 |
No employees received emoluments in excess of £60,000.
continued...
Page 9
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 41,916 Other trading activities 2,693 Total 44,609 EXPENDITURE ON Raising funds 2,846 Charitable activities Charitable activities 18,004 Other 1,222 Total 22,072 NET INCOME/(EXPENDITURE) 22,537 Transfers between funds (1,835) Net movement in funds 20,702 RECONCILIATION OF FUNDS Total funds brought forward 5,365 TOTAL FUNDS CARRIED FORWARD 26,067 |
Restricted fund £ 120,849 - 120,849 38,562 93,867 439 132,868 (12,019) 1,835 (10,184) 15,384 5,200 |
Total funds £ 162,765 2,693 |
|---|---|---|
| 165,458 | ||
| 41,408 111,871 1,661 |
||
| 154,940 | ||
| 10,518 - |
||
| 10,518 20,749 |
||
| 31,267 |
continued...
Page 10
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
11. TANGIBLE FIXED ASSETS
| 11. | TANGIBLE FIXED ASSETS | ||||
|---|---|---|---|---|---|
| Fixtures | |||||
| and | Computer | ||||
| fittings | equipment | Totals | |||
| £ | £ | £ | |||
| COST | |||||
| At 1 March 2024 | 7,021 | 1,301 | 8,322 | ||
| Additions | 1,158 | - | 1,158 | ||
| At 28 February 2025 | 8,179 | 1,301 | 9,480 | ||
| DEPRECIATION | |||||
| At 1 March 2024 | 3,857 | 510 | 4,367 | ||
| Charge for year | 864 | 158 | 1,022 | ||
| At 28 February 2025 | 4,721 | 668 | 5,389 | ||
| NET BOOK VALUE | |||||
| At 28 February 2025 | 3,458 | 633 | 4,091 | ||
| At 29 February 2024 | 3,164 | 791 | 3,955 | ||
| 12. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Rent deposit account | 1,000 | 1,000 | |||
| 13. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2025 | 2024 | ||||
| £ | £ | ||||
| Bank loans and overdrafts (see note 14) | 3,251 | - | |||
| Social security and other taxes | 358 | - | |||
| Other creditors | 233 | 465 | |||
| 3,842 | 465 |
continued...
Page 11
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
14. LOANS
An analysis of the maturity of loans is given below:
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Amounts falling due within one year on demand: | |||||
| Bank overdrafts | 3,251 | - | |||
| MOVEMENT IN FUNDS | |||||
| Net | Transfers | ||||
| movement | between | At | |||
| At 1.3.24 | in funds | funds | 28.2.25 | ||
| £ | £ | £ | £ | ||
| Unrestricted funds | |||||
| General fund | 26,067 | (7,465) | (3,744) | 14,858 | |
| Restricted funds | |||||
| Project fund | 5,200 | (20,036) | 3,744 | (11,092) | |
| TOTAL FUNDS | 31,267 | (27,501) | - | 3,766 | |
| Net movement in funds, included in the above are as follows: | |||||
| Incoming | Resources | Movement | |||
| resources | expended | in funds | |||
| £ | £ | £ | |||
| Unrestricted funds | |||||
| General fund | 29,946 | (37,411) | (7,465) | ||
| Restricted funds | |||||
| Project fund | 24,947 | (44,983) | (20,036) | ||
| TOTAL FUNDS | 54,893 | (82,394) | (27,501) |
15. MOVEMENT IN FUNDS
continued...
Page 12
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
15. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.3.23 | in funds | funds | 29.2.24 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 5,365 | 22,537 | (1,835) | 26,067 |
| Restricted funds | ||||
| Project fund | 15,384 | (12,019) | 1,835 | 5,200 |
| TOTAL FUNDS | 20,749 | 10,518 | - | 31,267 |
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Project fund TOTAL FUNDS |
Incoming resources £ 44,609 120,849 165,458 |
Resources Movement expended in funds £ £ (22,072) 22,537 (132,868) (12,019) (154,940) 10,518 |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.3.23 | in funds | funds | 28.2.25 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 5,365 | 15,072 | (5,579) | 14,858 |
| Restricted funds | ||||
| Project fund | 15,384 | (32,055) | 5,579 | (11,092) |
| TOTAL FUNDS | 20,749 | (16,983) | - | 3,766 |
continued...
Page 13
ZEBRAS CHILDREN AND ADULTS CHARITY
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 28 FEBRUARY 2025
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 74,555 | (59,483) | 15,072 |
| Restricted funds | |||
| Project fund | 145,796 | (177,851) | (32,055) |
| TOTAL FUNDS | 220,351 | (237,334) | (16,983) |
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 28 February 2025.
Page 14
ZEBRAS CHILDREN AND ADULTS CHARITY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Other trading activities Fundraising events Total incoming resources EXPENDITURE Raising donations and legacies Sundries Room hire Project management costs Charitable activities Charitable activities Support costs Management Wages Social security Pensions Insurance Postage and stationery Advertising Sundries Light and heat Depreciation of tangible and heritage assets Finance Bank charges Human resources Rates and water |
2025 £ 52,554 2,339 54,893 643 8,915 25,677 35,235 26,102 14,658 25 803 905 194 1,436 754 455 1,022 20,252 417 388 |
2024 £ 162,765 2,693 |
|---|---|---|
| 165,458 496 11,179 29,733 |
||
| 41,408 58,230 47,500 5 2,802 825 115 1,859 588 365 989 |
||
| 55,048 170 - |
This page does not form part of the statutory financial statements
Page 15
ZEBRAS CHILDREN AND ADULTS CHARITY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 28 FEBRUARY 2025
| Human resources Governance costs Accountancy fees Total resources expended Net (expenditure)/income |
2025 £ - 82,394 (27,501) |
2024 £ 84 |
|---|---|---|
| 154,940 | ||
| 10,518 |
This page does not form part of the statutory financial statements
Page 16