FRIENDS OF WINDMILL GARDENS Charity Registration No 1176991 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
FRIENDS OF WINDMILL GARDENS Contents Trustees, Report Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financlal Statement
FRIENDS OF MNDMILL GARDENS TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2023 The tNstees FKesent the finantsal ststements of the thanty for the year ended 31 March 2024. The finan(ial ststements have been prepared in accordance w51h the Financial Reporting Standards for Smaller Entities. Part 15 the Companies Act 20[ and follow the recommendations in AcccMJnkn'ng and RepoTb'ng by Charitses: Statement of Recommende(I Practi and the Charity Annual Relum 2023'.questbon guide. Valu•s of the Charlty Our values agreed and committed lo by the trustees in July 2020 are." FOWG is inclusive and encourages dNersity', We provide an enriching and inspiring experience for visit5 and volunteers.. aThJ We are Knitted to envimnmenlal sustslnabilty the wdk)eing ol wr k1 area. We do this by bein9: Rooted in the communty: Friendly. open, ¢CPeratIve and a¢ntsb.' ReSi1rt refieth'rHJ Brixton Windmill's hisw sinLY 1816: Ctive. pragmatic and SUPFKKtive,' and AmbilKWS excellence li everythwvJ do. Ob ectfves of tho Cha Strateghs Friends. volunteer5 and Icthl cyThmunty r vc4unleer pr(Jramme to irKJease partiupation espeualty anKKfjsI totAe *ilh ¢Jisabblthes. ethnic Thunsyities and Devel a Tare of partnerships local organisations and businesses thal generate revenue Ihrough Ctre hire and event Our Brixton WwKlml centre BLMkl a welcoming hub Lamteth commun IT15 needs and contrilxrtes to Iheir success and welbe. Lambeth.
Windmill and its celeate cenlvrles of histw by prOn).j the Wirmlmill's al heril&3e and WKlerThj ac to our events. Continue to make our milling prc3ramme a unmiue volurrteer experien and prO¥e flour lo I11 people and businesses. history Gar(lens and parks In(¥ease VndM1 Gath$ dNersty by growir¥J our own wheat and participating M) Ihe L¢ NatM)nal Part( City aTh GoParks Ensure ovr green Spa can be aSj and eniopy by a dNerse rarwje of thals foSIng young people and estste resents. Trustegs The folloryng were trustees of the charity thrOugh(t the year unless otherwise stated: T Reba (Chair) Retired October 2024 N Weedon (Vice chair- Acting Chair since June 2024) E Smrth-BcJie (Secrelaryi S Sikka (TreaSur tIred from the post April 2024) E Sutcliffe ALee J Licence L Taczalski (Elected Oct 2023) C Minnot (Elected Oct 2023) This report was approved cfft behalf of the Board on 16th Oclober 2024 Nicholas Wee(lon Chair
INDEPENDEKf EXAMINER'S REPORT TO THE TRUSTEES ON THE UNAUDrrED ACCOUNTS OF FRIENDS OF WINDMILL GARDENS FOR THE YEAR ENDED 31 IAARCH 2024 In acJJydance with instrudi(xis. I have exarnined Ihese Unali1ed aCcnts in order to assist you to fulfil your stsknrt respmsilylrfies. No matters of (x)nc*m (xKne to my attenti during the examinakn. C. N. Cattenrnle ACMA Dated IEI,,IuL¥
FRIENDS OF WINDMILL GARDENS STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 IAARCH 2024 Grants and3ward5 31.743 8.196 52.431 7x1 19.972 15.261 49.451 Don4lions Trading IrKome Membershlp IrKome Total Income St•ft cos 55.488 1S.H8 SQ307 . . 9.601 533 Tralnln8 & dthtbpmefi¢ ence & MembershSp Merrhandi5e expenses 558 3.693 11.130 2.166 16%38 1.659 li 4.S91 Proft551onal fees AdmlnSstratkn e4xr4es 8.395 8.103 ioi Other costs Website 9AJ8 BalarKe at I Wl 26592 39,120 Bal¥* 31 Marth All incorne and expeTh1ilu on ordinary acliviknts are attrllyJtse to conlinuing operab'ons. The company has rn recognised gains or losses olher than Ihe income for the year.
FRIENDS OF NDMILL GARDENS BALANCE SHEET AS AT 31 IAARCH 2024 Centre Equipmert Petty cash Bank balarxe Paypal Debt5 254 115.975 92 672 111.216 449 8.1787 7.167 .108.524 -5.701 .91.9fy) .1.671 General re5erb* 5.274 21.592
In preparing these finan(?al statements.. For the year erKJed 31 March 2024 the chwity was entitled to exemption fr(xn audit under section 477 of the Companies Act 2(K16 relating to small companies. The Trustees responsibilities: • The members have not requiTed the cxThpany to obtain an alIt of ts accounts for the year in question in accordan with sedion 476. The Trustees acknowledge their responsibiltties for complying with the reouirements of the Act wilh respect to accounb'ng records and the preparation of accounts. These accounts have been prepa in accordan with provisions applicable tt) companies subj'ect to the small c¥ynpanies' regime. The accounts Vre approved by the Board on the 16 0(*)ber 2024 and sigwl on Fls behall. N Weedon - Charr
FRIENDS OF WINDAIILL GARDENS NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 Accounllng Pollclos 8asls Of Preparation Of Accounts The accounts have been prepared under the historical o)st ¢cA)vention usrng the followirvj accountw tM)iicies. Incomo Resourcos and Expendlture Income and expenditure is included on an accruals basis and is allocated to the dtfferent categ(vies of Ihe Statement of Financial ALX1vi on a basis wfiich reflects the day to day opernbons of the charity. Explanatory Noles 1. In tern of Incoming Resour{. there has tjeen an increase in Grants and awards {60%) Ixrt a decrease in Donalions (.53%) and Tradiry Inffle Inueased by 11.7%. Overall. this displays a asonablY steady state. however the downward r w#)vennI of funds, making up the shortfall in designated reSers, and the inuease defeed grant expenditure are matters that requlre adthessing in next revis of the >JEar business an. 2. The Destgnated Reserrfes were increased by the Board to £25.CW In January 2024 from the pwious £20,CW given the increased liabilities of Ihe Windmill and the BWC. The reser indwles Coveri Staff salaries. Although the unrestrthd reserves available 15 sIgn+fnty tJel(x the targe( at present. the staff salaries are also partialty funded by restricted funded grant awards 3. 'Grants and awards, show the grants actually spent as income for this year. the rest is deferred to the folknving year. AThKwnt sl)(Ywn is the deferd grants amount spent. 'Deferred Grants, refers to morw that has been fundraised to be spent on SFeafic things las agreed with the funder) such as staff salaries or education equipMlL whith ha5 been canied foThward to the next financial year.
- Tradir¥J Irm. fKJudes MerCharlse sales, 1kr sales. open day sales irKILKlirvJ windmill tours. walks. and cafe sales as well as venue hire.
- The Pety Cash aKnt Indudes both Open Day and BWC Cafe floats.