2024-12-31-accounts

Charity number: 1176775 Company numbor: 10990631 (England and Wales} The Perimeter London Report of tho Trustee8 and Unaudited Financial Statements For the year endad 31 December 2024

The Perimeter London Contsnts Page For the year ended 31 December 2024 Report of the TNst88S 1 to3 Intyndent Examine¢s Report to Ihe Trthstee$ State￿￿nI of Finanoal Aclivites ststern8nt of Finanoal Po8 Notes to the Financial Stat&nents 7t010

The Perimeter London Report of thg Trustees For the year ended 31 December 2024 The Twstee5, who are also diredor5 for the purposos of company law. have pleasure in presenting their report and the financial statements for the chantabk Ctynpany for Ihe year ended 31 Lknmbpi 2024. The Tru$i6e5 have adopted th8 provisions of Accounting ar￿ Repjrting by CharEbes". Statement of Rcomrnended Pra¢bQ applic8blÈ to charities p￿paring th&r accoun15 in accordance with the Financ￿1 Reporbrvj Standaril apy[rab￿ in the UK and the RepUbl￿e of Ireland IFRS 1021 (effecti￿ 7 January 20191. OBJECTIVES AND ACTivmES Objectlves and aim$ The ol'ects of the Charrty a￿ to afvdnce e(lI￿1￿1Th in the art5 by the establi%hftnt and ntsnning of an art gaI￿ry. The trustees have conside￿d the Charity C<¥nrni5￿￿S gUKlan￿ on pubhc ben&fi( includlng the gUida￿e 'pUbl￿ benefit. running a ch8rity IPB21'. AGHIEVEMENTS AND PERFORMANCE Slgnificantatbvityes The charity has establisheL1 an art galkry which it ha5 OFened to the wblio by aprointrnenl in order to advance education In the arts. There ts CUr￿n￿Y one gallery based in Camden. The Penmekr does not any of the a￿orkS itself. the￿fore, all eXho￿OnS are of bomed worf($ wth term5 agreed on a cas&by-case ba&s. The charity's objecbve for Feri(x1 of January 2024- December 2024was to focus on s(Ao exhibitions and to host four exhibition5 Ihat We￿ opeft to the public by aw)Intsnent in BbDmstyury. Carnden Beginniro with. AnTTra Uddenberg". HOME WRECKERS which was the first solo exhibition of the sV￿diSh a￿sts Work In London. The second was a solo exhibrtion of Inuit artist Shuwnai &tshoona. l Oraw in collaborabon wrth Tale. The Royal Bank of Canada. and the West Baffin Cooperative The third exhibit￿Tr was of a fikn scr88niThJ by Bribsh arbst. Andy HO￿en Laws of Motk)n in a Cartoon Landscape. Followed by the la51 50k) exhibition of Bntssh 3rtst LewB Hammond" This Glass House. whith travelled from the Kun51palai5 in Ertangen. Gemany T￿se exh￿rtio[￿ Whe￿ a goat SUCC85s att￿Cted a lotal of 6.560 wsitOTS The Perimeter has akn been exKk8rKling ts wblic ebnts prograrnrre, with regukr tour %ASits trom local schools. universit￿& 8nd museum5 For the 5010 exhibitTron wrth Shuvinai Ashoona. The Permeter hosted a tak beNv8en and the Tate. Director of Coll￿tIOn, Gregor Muir and D1￿ctOr of The Whth¥orth. Sock-KyuTrJ Lee. whth was fully boc4LgJ. In addit￿n, The Penmetsr continued to produTr exhibit￿n Cat8￿gueS exhibrtiDn ¥￿80s. The Mdoos are shared these online lo albw the publr to continue to ènjoy the works afterthe slTrows ha¥ closed. Due to thè su￿sS arKI popuknty of the prOJraMft￿ thi% year. The Perwneter s thkir¥J to con'nue to axpaTrJ its public programme, bu1￿ 5trerrfJer rda"on$hips wth hxal and Contin￿ to Sh￿caSe rn0￿ solo exhibits.01￿ in 2025. FINANCIAL REVIEW Funds We￿ laoely spent on building Maintenan￿ and exhilxtK)n cost$. includirMJ instsllath)n materials and technicians. The Perirneler now sells ¢aialtyJue5 and r￿rchar￿ll$1ng for the exhibition$ on shuw. whKh brings In a small arnounl of ￿VenUe. There were no debts orur*xpected costs. Reserves The Ch8nty$ is to maintain minimal reserves tKrt adequate for ts antiopaied Wus￿[r￿n￿. STRLICTURE, GOVERNANCE AND MANAGEMENT Gov8mlng document The Perimeter London was fomed a5 a company linit£d by guarantee on 20¢tobaT 2017. The Company registr8tion number Is 109WJ631, registe￿d with the Chalty ComrntssK)n- Registration Number 1176775. The Perimeter London Ks a Company IrrUt￿ by 9ua¥anlee and go¥em8d by its Mwnorandum and Artsdes of Assoaats"on dated 2 October 2017. 1of10

The Pgrimetsr London Report of the Trustees Continuad For tho year ended 31 December 2024 Re¢nJitmont and appointment of tn￿te•S Any person may bè apposnted to be a trustee by ordinary resolution. or by a ision of the trustees In any case where. as result of death. the ¢hartty has no Tr￿MberS arKI no trustees. personal rep￿senta￿ve$ of the last mernber to have di8d have the right. by notf of ¥Ynting, to aptK)Int a petson to be 8 trustee. The numb&r of trustees shoukl be fewer than 3. Statement of TNstees' ReSponsibil￿S The Trustees Iv4ho are also the director5 of The Perimeter London lor ttE purposes of company ￿wI a￿ responsible for p￿parIng tt)e Twstee5 Annual Report and the finanoal $￿ten￿nts in a¢¢orfan￿ wth applicab￿ law and United Kingdom A¢¢ounling Starfartls (Unrted Kiryd(m Genernlty ￿teepted AwJunb"ffj Practice). Crmnpany law requi￿$ the Trustees to prepa￿ finantial Slaleft￿nts for ea¢h finanoal year whrh gNe a true and fair wew or the state of affairs of the Charitab￿ company and ol ino)miro wources and applicats.on of resou￿$, induding th Income and expenditure of the chatitsble c(mpany for thal year lfi p￿pariThJ those finan¢o1 ststements. the Trustees ar8 required to. - sdecl 5Ultable accounting poliaes and then appty thern consi5tenty". - obseNe Ihe methods and prIn￿p￿S In Charity SORP, - makeiudgmenls and estimates that are reasonable ar￿ prudenf. state whether applicable UK AccounDrBJ Standafds ha¥e been lolkywed. subjett to any material departures dis¢lo8ed and explained in the finan¢ial $iatements, and prepare the financsal ststements on the 9(xr¥J (x)n￿M baw$ unkss rt is inappropriate to presume that Ihe chant8bl8 cornpany will continue to operate. Trustees are responsib￿ for k88ping prcp8r accountirwJ r￿ordS whKh dEd058 With r8asonab18 accuracy at any tim8 the financial w5ilion of Ihe charitable c￿llpany and to enabk tr￿[n to ensure that finanual statetnents sryllply with the CoMpan￿S Act 2CHJe They are abo resrx)nsJtAe for safeguarding ￿ assets of ¢hantab wmpany and hence for taking reasonable Steps for the p￿¥entr.0n detectr>n of and olher irwularibes REFERENCE AND ADMINISTRATIVE INFORIAATION Name of Charlty Charity rog15tratioTr number Company registration n￿be1 Principal address The Perimeter London 1176775 lo9￿31 20 Brtywnlow Mew5 Londcrfi England 1N2LE Trustees The trustees and officers seNng during the year a￿1 Sin￿ the year end ere as lolkms." AHSto AVoure¢as Pet8￿$ ADLeH Independent•xaminer Andrew M FMMT Couniercuttufy Partnership LLP 23 Sl Leonards Road 8exhill East Sussex TN40 1HH Bankers B8rdays Bank PLC 1 Churchill PLO London E14 SHP 2of10

The Perimeter London Report of the Trustees Continued For the year ended 31 December 2024

Approved by the Board of Trustees and signed on its behalf by

.�� .. .............. ...... .

A Vourecas Petalas

31/5/25

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The Perimeter London Independent Examiners Report to the Trustees For the year ended 31 December 2024

I report to the trustees on my examination of the accounts of the charitable company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity Trustees, who are also directors for the purposes of company law, 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 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 examiners statement

Since the Charitable company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination by virtue of my membership of Association of Accounting Technicians, which is one of the listed bodies.

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 Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

2. the accounts do not comply with the 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

3. 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.

31/5/25 Andrew M Wells FMAAT Counterculture Partnership LLP 23 St Leonards Road

Bexhill East Sussex TN40 1HH

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Th• Perimeter London Statemont of Flnanclal Actlvltle8 Ilncluding Incom• nd Expenditurg A¢¢ount For the year ended 31 Decomb•r 2024 Unr••trl¢tad fund# 2023 331,215 16.284 331.224 20.998 18.820 Otmr trading a¢￿￿tS Other Incom¢ Total 347h99 371.Q42 Exp•ndknrn on: RaiiiNJ fiJnds 130.8801 1289.9511 1300.1311 131,1841 1228.0181 1159,2021 Totsl 111.840 R•concIlla￿On of fund Totsi iun(Is brought forward Total lund¥ cwrfed foM•rd 186.864 54.824 213,532 166,664 $0110

Registe￿ Number". 1099Cf31 The Perimatèr London Statement of Financial Position As at 31 D8c&mbor 2024 Note5 2024 2023 Currenta88et8 Debtors Cash al bank and in haTh 129.711 85.381 215,092 11.5601 63.468 104.756 168,224 11.5801 cred￿r9. amounts lalling duewtihin 0￿year 12 Net curr8nt a86ets 213,532 213,532 166,664 166,684 Totsl ¥sets le55 current liatsliti88 Not a55ets 213.532 166.664 The funds of the charity Unrestncted income ftjnds 213,532 213.532 166,664 166,664 Total funds For the year ended 31 De￿rni￿r 20241he company was entitled to exempttiM from audit secb.on 4Tlof the Cornpanies Act 2006 relatir& to gnall ¢(xnpans. The mernbers have not required Ihe Company to obtsin an audit of its 8ccounts for the year in question in accordanc8 with section 476. The trustee$ ackntr￿￿￿ge their responsibilities for ttffjptying with the requirements of the Act with respect to acC￿￿ntir9 records and the preparabon ol a¢¢ounts. These ac£ounts have b88n prepared in aoxrdance with the provisions applicable io Compan￿$ Subject to the small ¢ompani' The finanaal statements We￿ appro?￿￿ a￿1 authorised for i%sue by thè Board and syned on ils ieh8trby'. AVoU￿Ca5 Petalas Trusiee 3115125 6of10

Th• P•rlmeter London Nots• to the Financial Statom•nts For the yoar •nd•d 31 D•c•mb•r 2024 1. A¢¢aun￿n9 Pol finanoal statern•ftts h•5• twn prepa￿ urrtlfrr IM hrotorical ¢051 convention, Oxcept ft>r Investrnents which are Inc&￿￿ at market valu• and th• wluabon of Trrfain fix•d assets and in ac¢ordAnc• with the Charities SORP IFRS 1021'ax)untiNJ and Rwrtn9 by char￿e$ staleft￿ni of Rectynment￿ Py8ctsc• 8pplicable to d)arrts pr•pariry Iheir accounts In ac£ordance With Ihe Financial Reporbng St•ndard appltsbk In fv UK and Re￿￿1¢ of IwL¥ThY IFRS 1021 ltifective l January 20191.. Finanual RerK)fbry StaThJard 102 tr FirrKJ¥ Ilewb"r¥J StaThlard UK ar•a Republic of Ireland IFRS 1021. aTh1 ts CLYnpans Ad 2(￿. Pennr nwls Il ¢Jefinrtw da b•r•frt enbty ur#ltr FRS 102 Assols Ik4bilths ar• initially recc4jn￿J al hi%torKal coil Iy Val￿ Unl￿ slated in ￿￿vant accounbThJ policy nolelsl. finarKial stAternonts ar• prnp•r•J. on a corK•m und8rti cost Fund# charity maintains 8 yn•rnl fvrJ furth whth •r• •xtrthtk at thè du•t)n of th• trusto•s in furtl￿ar￿4 oltr ot4eds ol be lkJ •i oth to f•Wi￿ tXh wortiryd cawtal a CO￿ts1 inbwtrnent. Oe•¥JnatsJ funds ol unrn6trd fl￿ Ihat h•bY bgw 8¢t asth by the Tru8ts9$ forparbc¥iqr purwes. Rutrthd fvnd5 have try•n PfovJ•d to chanty lor purFQSe5. tr fv oftr t•Jard cl Intslbts •) carefijlly rnonitorthe aPpl￿t￿n ol Ihose fttrth in 4cce4d8n¢• wlh Ihe rp5trtbr#is pl•c•d w t￿￿. Th•r• * no formal pt¢ oltra￿ler Off￿1$ fuTrts. ofvrth8n thal d•$c￿be￿ at)¥e kn¢offllng resou l in￿mI￿j resourc88 arn the st3twnertoffmr¥ial xtNrb85 wh8n th• Charity Li enbd&J lo inee¢M aTrJ lh¢ amount can te quanb￿j wrth rv8sonZb￿ accuracy. Th• fothywing SFecific pol￿ ar• appll to DonabonB are recognws irt lull in thè State￿At rrf Fin•rKi•l ktritE5 eNbW. rwit is wbable tr• amount ran be quanbfd with w$Onab￿ acuJraLy. Grfi avj k8 whgn c40inab￿. lh• 9r•nl rdaies io 8 fvlure ￿. case it InoTh from chantai acMM i ty•drtwJ to Stat•mwi of Financial ALwli8s wh8n received or rec•ivobl• earf￿r. unlBss rt rdat•8 ty a 5peofic lu￿r y•at ¢y•¥•nt. ￿ whK ¢tt• il i• d•kn•d. Don•t•d goods. serySc88 and tsclllUes DonaiDn8 are recry3nLsed when the ¢harty has tr) tre fuThts a￿fj rt 4 wthble th•t tts t• ond the amtyjnt can be mts8sured ￿l￿9b￿ ExwTrJrture fECQWL%d rrte ¢tsre * ¥ Wl or constru¢bw c+)IvJab"on to make ¥ payment to a third party. it pro￿￿ that sotikn￿1wrf1 b• wuir•J and tt amount ol IINI Oblwja￿n can ￿ m•asurnd ￿l￿8b￿. Expenditur• li under tt lolkyATirJ he¥dirgS. EXPOnd￿ur? on Charits￿8 aGvhlb• Ir￿[r•) by the thaffty delhwy of 8 wvr49. It McJude$ bo¢h Ih•t w t abxaw to8ur aThl IIKW LThls ofan iTrJirec4 n•lur• nece$ury to $upport 70110

The Perimgtgr London Notes to the Financial Statements Continued For th? year ond￿ 31 D•¢•mber 2024 Taxatlon s a registe￿￿ charity, the company is exernpt from TncoThe and corporalhjn tax io extent that its inojme and gains are applicable 10 tharitable purp05e5 onty Valu8 Added Tax Is not recoverab￿ by the rxjmpany. and is therefore included In the re￿vant costs in Statement of Financial AdNths. 2. Income from donatlons and 18gacle8 2024 2023 Unyestricied funds Don8tions 331,215 331,224 331315 331,224 3. Incomg ¢am•d from other actlvWo8 2024 2023 Unrestrtcted lu#d$ Shop incoff 16.284 16.284 20,9 4. Expendiiur• on generaung donat10￿ and Wb88 2024 2023 Unrestdctsd fvnd8 Donation5 30.680 31,184 30.680 31,t84 5. Costs of charttsble activIt￿S by fvnL1 type 2024 2023 Unles￿¢1￿ fund$ Gallery running costs Support ¢05ts 242.279 27.672 193,396 34,622 289,951 228.018 8of10

Thg Perimeter London Nots8 to the Flnanclal Statemènts Continu•d For the year ondod 31 D•com￿r 2024 O. Analysts ol •upport costs 2024 2023 Gollery wnnlng ¢o•ts General offlt• •xp•nsos 11,218 4,939 8,395 73.226 4.868 14.942 Stationery PoBlar¥J Print 3,120 34,622 7. Ilet incomrf•xp•ndllwpl forth•y• is stat•J atsr tt•ryinllrmJrtJ'r41.' 2024 2023 A￿ountancY f¢¢$ 3.120 8. PartkuknrJ of •mp• 2024 2023 ErnpkJy888 10. CompaTrtl¥• lor th• St•l¢mrt ol Rn¥Klal Actl¥iU•• 11. D•btors 2024 2023 Amounts du•t*lthkn on•year. Prepayments ond Accmed incoftK• 129.711 63.468 129.711 63,468

The Pèrlmeter London Noto8 to th• Flnancial Statements Conllnu•d For tho y•r •nd•d 31 December 2024 12. Cr•dlWrn.' amoun1• f•lllthy ty•y•w 2024 2023 Acaual• and dèf•rT•J irKtffl8 14. Analy•l of n•t •M•ts b•tY•n fvnds Nllt cuvrert N•t AM•t l•billtwl Unmtrkl•d lurrfl• 213,532 213.532 213.532 213,S32 Pr•vlou• y•ar Unm•¢rf¢t•d fund• 166.e84 1e6.e64 166.664 166,664 15. Company Ilmlt•d by gu*ranla• Th• P•rim•t•r LoThkn ra * ttsTr>any knt•J ty guar•)ts• •cftsthYJty dces a %￿re caprtal. IOof10