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2025-04-30-accounts

REGISTERED COMPANY NUMBER: 11297834 (England and Wales)

REGISTERED CHARITY NUMBER: 1181037

OUR HIDDEN TREASURE

(A COMPANY LIMITED BY GUARANTEE)

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

OUR HIDDEN TREASURE CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

Page
Reference and Administrative Details 1
Chair’s Statement and Report of the Trustees 2 to 8
Independent Examiner’s Report 9
Statement of Financial Activities 10
Balance Sheet 11 to 12
Notes to the Financial Statements 13 to 17

OUR HIDDEN TREASURE REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 30 APRIL 2025

TRUSTEES Mr A Wertzberger Mr M Halpern Mr P A Taub REGISTERED OFFICE 17A Amhurst Park London N16 5DH REGISTERED COMPANY NUMBER 11297834 (England and Wales) REGISTERED CHARITY NUMBER 1181037 BANKERS Barclays Bank Plc. 1 Churchill Place London E14 5HP

Page 1

OUR HIDDEN TREASURE CHAIR’S STATEMENT

FOR THE YEAR ENDED 30 APRIL 2025

Every kid is a treasure, but some kids don’t know it.

We make sure they do.

Our charity exists to remove the obstacles that prevent children from flourishing. By addressing underlying challenges relating to confidence, focus, emotional regulation and financial hardship, we help young people build the strong foundations that enhance their wellbeing, relationships and readiness to learn. Many of the children we support face disadvantage linked to deprivation, behavioural difficulties, social exclusion or disrupted engagement with education. We deliver our charitable objectives through structured emotional wellbeing and social development programmes, vocational after-school activities and targeted educational support where appropriate. In addition, we provide guidance, training and signposting for parents and education professionals, strengthening the network around each child and promoting sustained, long-term progress.

The period 2024–2025 presented both challenges and opportunities for development across our services. Demand for preventative and early-intervention mental health support rose further, with families increasingly seeking guidance on holistic approaches that could immediately benefit home and school environments. The on-going impact of rising living costs continued to place pressure on families, with increased demand for subsidised provision. Children and young people supported by the charity increasingly presented with anxiety, reduced confidence, social isolation and regulatory seeking behaviours, all of which affected their engagement with education and capacity to learn effectively.

During the year, our services continued to provide timely and accessible support to children, young people and their families. We delivered a combination of emotionally focused interventions, therapeutic support and vocational learning opportunities, supporting children to build confidence, resilience and a sense of personal achievement. Our financial assistance and advocacy work helped families to access essential interventions that would otherwise have been unattainable, reducing barriers linked to cost and system complexity.

We broadened our programme of vocational after-school workshops and created inclusive spaces where children and young people could experience success and positive recognition. For children who struggle in mainstream education settings, these sessions provided much needed opportunities to develop skills and experience success. These sessions prioritised practical skills, structured social interaction and positive reinforcement, contributing to improved self-esteem, peer relationships and emotional regulation.

Evaluation of our work this year showed how extensive waiting times for neurodevelopmental assessments are impacting children’s emotional wellbeing as they wait in uncertainty with no clear path to address their difficulties. Adults working with these children are unsure as to the best methods to support their development and their progress is suffering.

Page 2

OUR HIDDEN TREASURE CHAIR’S STATEMENT - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

As a result, our work going forward will place in increased emphasis on troubleshooting and designing effective support for children who display neurodivergent behaviours.

Volunteers continue to play a vital role in the delivery and sustainability of our charitable activities. Their commitment enables us to reach more beneficiaries and maintain the quality of our services. Volunteers contribute across a wide range of functions, including one on one support, activity planning and delivery, group facilitation, partnership liaison and event support. The trustees extend their sincere thanks to all volunteers for their dedication and invaluable contribution throughout the year.

Mr A Wertzberger Chairman

Page 3

OUR HIDDEN TREASURE REPORT OF THE TRUSTEES FOR THE YEAR ENDED 30 APRIL 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 to 30 April 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Reference and administrative details

Reference and administrative details are shown on Page 1 of the financial statements and forms part of this report.

OBJECTIVES FOR PUBLIC BENEFIT

The objects of the charity are:

The trustees confirm that they have referred to the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

ACTIVIITES, ACHIEVEMENTS AND PERFORMANCE

Our Hidden Treasure’s mission is:

To help disadvantaged children and young people, especially those who have special education needs (SEN) through the provision of supplementary learning sessions and materials, as well as emotional support to children and young people who are behaviourally challenged. Additionally, to provide parents with guidance and financial support towards the significant expenses of extra educational and emotional support or therapies. This essential support will enable disadvantaged children and young people to attain educational milestones, improve their selfesteem and reach their potential.

Our strategic aims are:

Page 4

OUR HIDDEN TREASURE LIMITED REPORT OF THE TRUSTEES - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

Summary of past year’s achievements

Page 5

OUR HIDDEN TREASURE LIMITED REPORT OF THE TRUSTEES - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

Summary of past year’s achievements – continued

Plans for the future

The trustees have set the following plans for the next year:

Page 6

OUR HIDDEN TREASURE LIMITED REPORT OF THE TRUSTEES - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

Page 7

OUR HIDDEN TREASURE LIMITED REPORT OF THE TRUSTEES - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

Reserves policy and Financial Review

The trustees do not seek to maintain reserves, other than to ensure that they can continue the activities of the charity.

The reserves of the charity have increased slightly. Trustees are satisfied with the level of reserves.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is constituted as a limited company and is governed by its Memorandum and Articles of Association dated 14 March 2018.

Organisational structure

The power to appoint new trustees is vested in the current board. It is not the intention of the trustees of the charity to appoint any new trustees. Should the situation change in the future, the trustees will apply suitable recruitment, induction and training procedures.

Risk management

The trustees have carried out a risk assessment and confirm that there are no major risks to which the charity is exposed.

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 26 December 2025 and signed on its behalf by:

Mr A Wertzberger – Trustee

Page 8

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES OF OUR HIDDEN TREASURE FOR THE YEAR ENDED 30 APRIL 2025

I report on the accounts for the year ended 30 April 2025 set out on pages 10 to 17

Respective responsibilities of Trustees (directors) and Examiner

The company’s trustees, who are also the directors, are responsible for the preparation of the financial statements and they consider that the company is exempt from an audit for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:

Basis of independent examiner’s report

My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a “true and fair” and the report is limited to those matters set out in the statement below.

Independent Examiners statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respects the requirements:

Independent Examiner Simon Tesler F.C.A Chartered Accountant ICAEW 149 Albion Road London N16 9JU

26 December 2025

Page 9

OUR HIDDEN TREASURE STATEMENT OF FINANCIAL ACTIVITIES

(INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 30 APRIL 2025

T
2025
2024 2024
Notes Restricted
funds
£

Unrestricted
fund
£

Total funds
£
Total funds
£
111,389
189,903
104,352
181,412
6,113
5,760
110,465
187,172
924
2,731
24,592
21,861
25,516
24,592
INCOME AND ENDOWMENTS 2 75,171
EXPENDITURE ON
Charitable activities
3
Fundraising
Total expenditure
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
2,731
21,861
24,592

The notes form part of these financial statements

Page 10

OUR HIDDEN TREASURE (REGISTERED NUMBER: 11297834) BALANCE SHEET AS AT 30 APRIL 2025

Notes
FIXED ASSETS
Tangible assets
8
CURRENT ASSETS
Debtors
9
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
10
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
NET ASSETS
FUNDS
11
Unrestricted funds
TOTAL FUNDS
2025
2024
Unrestricted fund
£
Unrestricted fund
£
6,314
1,058
20
21,971
21,725
14,120
21,745
36,091
(2,543)
(12,557)
19,202
23,534
25,516
24,592
25,516
24,592
25,516
24,592
25,516
24,592
2025
2024
Unrestricted fund
£
Unrestricted fund
£
6,314
1,058
20
21,971
21,725
14,120
21,745
36,091
(2,543)
(12,557)
19,202
23,534
25,516
24,592
25,516
24,592
25,516
24,592
25,516
24,592
21,745
(2,543)
36,091
(12,557)
19,202 23,534
24,592
24,592
24,592
24,592

The notes form part of these financial statements

Page 11

OUR HIDDEN TREASURE (REGISTERED NUMBER: 11297834) BALANCE SHEET - CONTINUED AS AT 30 APRIL 2025

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies.

The financial statements were approved by the Board of Trustees on 26 December 2025 and were signed on its behalf by:

Mr A Wertzberger – Trustee

The notes form part of these financial statements

Page 12

OUR HIDDEN TREASURE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 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 accounts in with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)’, 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

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. Income received by way of donations is accounted for when received. Income from grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

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 costs 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.

Support costs are those incurred to assist the work of the charity but are not direct charitable activities. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Tangible fixed assets

Tangible fixed assets depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life: Computer Equipment - 25% on cost

Office Furniture and Fixtures - 12% on net book value.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Page 13

OUR HIDDEN TREASURE NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

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.

Going concern

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

2. INCOME AND ENDOWMENTS

2025
Unrestricted
funds
Restricted
funds
Total funds
£
£
£
Donations and legacies
19,078
-
19,078
Local authority funding
-
75,171
75,171
Grants
17,140
-
17,140
36,218
75,171
111,389
3. CHARITABLE ACTIVITIES COSTS
Direct costs
Support costs
(See note 4)
(See note 5)
£
£
Charitable activities
91,115
13,237
4. DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
£
Therapy & Learning Support Sessions
50,145
Mental Health Programme
19,396
Homework Club
4,960
Youth Club
750
Grants made
3,250
Assessments
3,913
Parenting Workshop
-
Teachers’ Training
50
Premises Hire
3,007
After-school activities
5,278
Transport
366
91,115
Page 14
2024
Total funds
£
96,480
66,088
27,335
189,903
Totals
£
104,352
2024
£
87,743
780
11,504
28,619
8,360
5,250
2,130
1,416
-
11,911
2,937
160,650

OUR HIDDEN TREASURE NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

5. SUPPORT COSTS

Admin Staff
Professional Fees
Depreciation of Computer Equipment & Office Furniture & Fixtures
(See note 8)
Bank Charges
Office expenses
Travel expenses
Advertising
Governance costs
Support costs, included in the above, are as follows:
Governance costs
Accountancy Fees
General expenses
2025
£
7,911
1,600
993
270
1,779
-
-
684
13,237
2025
£
650
34
684
2024
£
6,220
5,476
439
34
1,469
-
5,876
1,248
20,762
2024
£
1,200
48
1,248

6. TRUSTEES’ REMUNERATION AND BENEFITS

There were no trustees’ remuneration or other benefits neither for the year ended 30 April 2025, nor for the period ended 30 April 2024.

Trustees’ expenses

There were no trustees’ expenses paid for the year ended 30 April 2025, nor for the period ended 30 April 2024.

7. STAFF COSTS

Staff costs for the year ended 30 April 2025 were £24,788. Staff costs for the year ended 30 April 2024 were £18,760. No employees received emoluments in excess of £60,000.

The average number of employees during the year ended 30 April 2025 was 4. The average number of employees during the year ended 30 April 2024 was 4.

Page 15

OUR HIDDEN TREASURE NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

8. TANGIBLE FIXED ASSETS

Computer
Equipment
£
Cost
At 1 May 2024
525
Additions
-
At 30 April 2025
525
Depreciation
At 1 May 2024
393
Charge for the year
132
At 30 April 2025
525
Net Book Value
At 30 April 2025
-
At 30 April 2024
131
9. DEBTORS
Accrued income
10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade Creditors
Accruals and deferred income
Office
Furniture
£
1,646
6,249
Total
£
2,171
6,249
8,420
1,113
993
2,106
6,314
1,058
2024
£
21,971
21,971
2024
£
10,757
1,800
12,557
Total
£
2,171
6,249
7,895 8,420
720
861
1,113
993
1,581 2,106
6,314 6,314
926 1,058
2025
£
20
20
2025
£
1,793
750
2,543

Page 16

OUR HIDDEN TREASURE NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 30 APRIL 2025

11. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Restricted funds
TOTAL FUNDS
Net movement in funds, included in the above are
Unrestricted funds
General fund
Restricted funds
TOTAL FUNDS
At
1.5.24
£
24,592
-
24,592
as follows:
Incoming
resources
£
36,218
75,171
111,389
Net
movement
in funds
£
924
-
924
Resources
expended
£
35,294
75,171
110,465
At
30.4.25
£
25,516
-
25,516
Movement
in funds
£
924
-
At
30.4.25
£
25,516
-
25,516
924

12. RELATED PARTY DISCLOSURES

There are no related party transactions requiring disclosure.

Page 17