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$i6e5 have adopted th8
provisions of Accounting ar￿ Repjrting by CharEbes". Statement of R*comrnended Pra¢bQ applic8blÈ to charities p￿paring
th&r accoun15 in accordance with the Financ￿1 Reporbrvj Standaril apy[rab￿ in the UK and the RepUbl￿e of Ireland IFRS
1021 (effecti￿ 7 January 20191.
OBJECTIVES AND ACTivmES
Objectlves and aim$
The ol'ects of the Charrty a￿ to afvdnce e(lI￿1￿1Th in the art5 by the establi%hft*nt 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 eb*nts 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.
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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
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**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 

3. 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 

4. 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 

4 of 10 



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¢￿￿t*S
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 ¢(xnpan*s.
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
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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)arrt*s 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* Fir*rKJ¥ Ilewb"r¥J StaThlard UK ar•a
Republic of Ireland IFRS 1021. aTh1 ts CLYnpan*s Ad 2(￿.
Penn*r 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 fvr*J furth whth •r• •xt*rthtk at thè d*u•t*)n of th•
trusto•s in furtl￿ar￿4 oltr* ot4eds ol be l*kJ •i oth to f•Wi￿ t*Xh wortiryd cawtal a
CO￿ts1 inbwtrnent.
Oe•¥JnatsJ funds ol unrn6tr**d fl￿ Ihat h•bY bgw 8¢t asth by the Tru8ts9$ forparbc¥iqr purwes.
Rutrthd fvnd5 have t*ry•n Pfov*J•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•$c￿be￿ at*)¥e
kn¢offllng resou
l in￿mI￿j resourc88 arn the st3twnertoffmr¥ial xtNrb85 wh8n th• Charity Li enbd&J lo inee¢M aTrJ
lh¢ amount can te quanb￿j wrth rv8sonZb￿ accuracy. Th• fothywing SFecific pol￿ ar• appl*l to
DonabonB are recognws irt lull in thè State￿At rrf Fin•rKi•l ktritE5 eNbW. rwit is wbable tr•
amount ran be quanbf*d with w$Onab￿ acuJraLy. Grfi avj k8 whgn c40inab￿.
lh• 9r•nl rdaies io 8 fvlure ￿. case it
InoTh from chanta*i acMM i* ty•drtwJ to Stat•mwi of Financial AL*wli8s 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* lolkyATir*J he¥dirgS.
EXPOnd￿ur? on Charits￿8 aG*vhlb• 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¢m*rt 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•t*Y•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.
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