SOUTHWARK TRAVELLERS, ACTION GROUP LTD FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 COMPANY REGISTRATION NUMBER 09996890 CHARITY NUMBER 1184614 LONDON ACCOUNTANCY PRACTICE SOJOURNER TRUTH CENTRE 161 SUMNER ROAD LONDON SE15 6JL
SOUTHWARK TRAVELLERS, ACTION GROUP LTD (A PRIVATE COMPANY LIMITED BY GUARANTEE) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page CONTENTS Company Information Report of Directorsrrrustees Independent Examiners Report Statement of Financial Activities Balance Sheet 9-10 Notes to the Accounts 11-12 Detailed Income and Expenditure 13
SOUTHWARK TRAVELLERS, ACTION GROUP LTD (A PRIVATE COMPANY LIMITED BY GUARANTEEI FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 ADMINISTRATIVE I LEGAL INFORMATION REGISTFIATION DETAILS. SOUTHWARK TFIAVELLERS, ACTION GROUP LTD is an incorporated organisation registered as a Private Company limited by guarantee in England and Wales Company Number: 09996890. Charty Number: 1184614 GOVERNING DOCUMENT SOUTHWARK TRAVELLERS, ACTION GROUP is an incorporated organisation governed by the Companies Act 2006 and Memorandum and Articles of Association respectively. COMMIThEE MEMBERS Sally Causer.................Chair lan Redding .Director Catherine Green... -Treasurer REGISTERED OFFICE SOUTHWARK TRAVELLERS, ACTION GROUP Sojourner Truth Community Centre 161 Sumner Road London SE15 6JL BANKERS Unity Trust Bank Nine Brindleyplace Bimingham Bl 2HB INDEPENDENT EXAMINERS London Accountancy Practi Sojourner Truth Centre 161 Sumner Road London SE15 6JL SOUTHWARK TRAVELLERS, ACTION GROUP
IA PRIVATE COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The directorsltrustees present their report and financial statements for the period ended 31 March 2025. PRINCIPAL ACTIVITIES The objects of the SOUTHWARK TRAVELLERS, ACTION GROUP are specifically restricted to the following.. To provide for members of the Gypsy, Roma and Traveller communities". The prevention or relief of poverty, The advanrnent of education, The advancement of health, The advanment of community development, The advancement of culture, The promotion of racial harmony and of equality and diversity, The relief ofthose in need by reason of financial hardship or other disadvantage. STATEMENT OF DIRECTORS AND TRUSTEES RESPONSIBILITIES The directors, who are also the trustees of the Company, are required to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Company at the end of the year and of its financial activities during the year then ended. In preparing those financial statements, the trustees are required to.. select suitable accounting policies and apply them consistently., make judgements and estimates that are reasonable and prudent., state whether applicable standards and statement of recommended practi have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the goin conrn basis unless it is inappropriate to presume that the project will continue in operation. The directorsltrustees are responsible for keeping proper accounting records which disclose at any time the financial position of the Company, They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and delection of fraud and other irregularities. Sign..... .Treasurer
Catherine Green SOUTHWARK TRAVELLERS, ACTION GROUP REPORT OF THE DIRECTORSITRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW The results of the year's operation are set out in the attached financial statements. The net movement in funds for the year amounted to £. The retained reserves at 31 March 2025 amounted to £. The trustees have been aware of the need to comply with good practice guidelines on free reserves and SOUTHWARK TRAVELLERS, ACTION GROUP policy is included in the notes to the accounts. RISK MANAGEMENT The trustees have examine the major risk which SOUTHWARK TRAVELLERS, ACTION GROUP faces and b lieve that maintaining our free reserves at a reasonable level, combined with our annual review of the controls over key financial systems will provide sufficient resources in the event of adverse conditions. The trustees have also examined other operational and business risks which we fa and confirm that they have established systems to mitigate the significant risks. RESERVE POLICY As part of our financial management process, the Board of trustees has set a target of working towards accumulating and maintaining a reserve fund which represents three months annual operating costs. In the financial year 20244125 this would amount to £44,328. These reserves would enable STAG to deal with the following contingencies:_ Reduction in or withdrawal of funding. In the event of closure, three months running costs to wind up the organisation and pay redundancies, leasehold and other liabilities. In addition, we wish to set aside the following amounts.. £5,000.00 in the event an increase in premises costs. £10,000.00 for unforeseen staffing issues such as the need to provide cover due to sickness, maternity or paternity leave. 5,000.00 fund for essential equipment such as telephone or IT. The total of unrestricted reserves we therefore feel would be prudent to aim for is £64,328. TANGIBLE FIXED ASSETS The Company keeps a register of fixed assets
SOUTHWARK TRAVELLERS, ACTION GROUP REPORT OF THE DIRECTORSITRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FUNDS AVAILABLE The present level of funding is adequate to support the*ontinuation of the Company operations for the medium term, and the trustees consider the financial position of the Company to be satisfactory. VOLUNTEERS SOUTHWARK TRAVELLERS, ACTION GROUP recognises the significant contributions made by volunteers
SOUTHWARK TRAVELLERS, ACTION GROUP (A Private Company Limited By Guarantee) INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2025 I report to the trustees on my examination of ttse accounts of the above charity I'yhe Trust'l lor the year ended 31103 12025. Responsibilities and basis of report As the charity trustees ol the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('Yhe Act") I report in respect of my examination of Ihe Trusl'"s accounts carried out under section 145of Ihe2011Actand in carrying oul my examination. I have tollowed the applicable Directions given by the Charity Commission under section 145151(bl of the Act. Independent examiner's sta ement 41 have completed my examinalion. I confirm that no material matters have come to my attention (other than that disclosed below ') in connection wilh the examination which gives me cause to believe that in, any material respect.. the accounting records were not kept in accordance with section130 of the Act= or the accounts did not accord with the accounting records., or the accounts did not comply with the applicable requirements conceming the form and content of accounts set out in the charities (Accounls and Reports) Regulations 2008 other than any requirements thal the accounts give a 'lrue and fair, view which is not a matter considered as part of an independent examination. 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 lo enable a proper understanding of the accounts to be reached. Ade Ade ambo . WMA. ACMA London Acc untancy Practice 161 Sumner Road London SE15 6JL
SDUTPWIARKIRAVELLERS, AcllN GROUPLID STATEMENTOF IINANCIALAcnwnES FQR IHEYEARENDED31 MthCH2025 Uniestrthd Rethted R#knciel Resth'cied RestrKtrd General Iw nd Fund * Fund Fund NatioNI ustsc Lthy Cwil Putd Cmmunty V£a Fw Resthcd Resth'cled Restncted Fund Fund Funl Ge[ren1 Tn Council ollielanl foiLffld 2025 2124 Totsl Toljl Fund Fund Cdtt Ftyjnd Puwse Ort GRnl Plwrrthe Irtom{ ReS[Cl$ TotslkncomingRe50urtes 47,9)1 441 25.042 duRCESEXPENDED. uonwLA(DMtsei 11. 2533 171,314 165.k TotslResouicesEAinthd 51.129 11,9YJ 417 51989 Ntlhcommg Resoutces 1071 .11228 11620 1097 21227 FurlBI'1':".Biit,Fy FuBIncecam2dFO 50,206 7.183 13,261 23.541 94.197 90.100
SOUTHWARK TRAVELLERS, AcmoN GROUP LTD BALANCE SHEET AS AT 31 MARCH 202S 2025 2024 FIXED ASSETS CURRENT ASSETS Debiors Cash ai bank Cash In hand 7100 113490 88 120 118 126383 126.383 CURRENTLIABILITIES Dèfeired Income Crettiiors & Accruaks 142:, 17.336 ,828 30 078 94,797 90,700 Capital and Reserves Funds Unresiricted Fund Designated FuThJ Restricted Fund 15637 28.954 13.428 94,797 90.700 The directors who are also trustees consider that for the period ended 31 March 2025., the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors, responsibilities.. The members have not required the company to obtain the audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to small companies, regime. The financial statements on pages 7-9 were approved by the board of directors on .4.11.25.... .and signed on its behalf by .Chair, Sally Causer .Treasurer, Catherine Green
SOUTHWARK TRAVELLERS, ACTION GROUP LTD {A PRIVATE COMPANY LIMITED BY GUARANTEEI NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (a) Basis of preparation These accounts are the Accounts ofSOUTHWARK TRAVELLERS, ACTION GROUP These accounts have been prepared on an accruals basis and include income and expenditure as they are earned or incurred, rather than as cash are received or paid. (iii) The recommendations ofthe Statement of Recommended Practice have been followed in the preparation of these accounts (b) Fund Accounting The Company's general fund consists offunds, which the Company may use for its purposes at its discretion. The Company's restricted funds are those where the donor has imposed restrictions on the use of the funds, which are legally binding. Ic) Voluntary Income All voluntary income is included upon reipt. Grants re1vable are credited to income immediately (d) Investment Income Credit is taken for interest when the interest falls due for payment. (e) Administration Expenditure Administration expenditure comprises costs incurred in running the Company Where applicable, some of the* costs have been treated as direct charitable expenditure. (n Government of Ireland Emigrant Support Programme: The Government of Ireland Emigrant Support Programme approved the grant of £57,000 for the year 1st of July 2025 to 30th June 2025. As this account was prepared for the period ended 31SI March 2025, Ihere was therefore a deferred income of £14,250 relating to the Department of Foreign Affairs funding as detailed below 10
Ig) Creditors 2025 2025 Accountancy Fees Other Creditors 1,700 1,400 Deferred Income- ESP 14250 14250
50UTHWJlRK TRAVELLERS'ACllONGRQUPL7D DETAED1NCOI1E ANDEXPEND17VRE FOR ThEYEAR EF40ED31 kilRCHVrytth¢wd GeneiaiFthO R•stnctid Risth¢thi Reitri¢ted REStrKt Funl Fund Fun¢ Rtsw¢ted Rt¥tricted Fur Fund 2025 Totsi Fvll Nahonal Umvd Sif4ThKoMr•R 5outsithCouM¢II c1# oflT¥knd Tpjst Fund Fund PL Pr¢9W INCOMNGRESCIKiCES 25N2 ST.( 625 F4WI 284 lJ.6X) 1J62 41W.1 TtteNaDO1L0trei¥ LnlF 'heNaboilLottory1'[vFLDllvLft1 41WI Unils15sth L(thffinlYSuufvaik 10.f 15 150 RRRLtrthrKV J4L'.h& IPS{Its1I1IKL 2fft0 13,620 ID.OllO 447 5T.0 25.042 Uni•$thcted GeDerilFunJ Restricted RestrKt•d Fund Fun Reithctgd Fund Re•tyi¢td Fund 2024 Totsi Fund Fund Fund ollr•lan Fund n¢ CLwJncil r9rdr CoMuTht¥ Fyn U5C 5pp RESOURCESEXPE14DEO Chiritbh Eyndknr• 721Tr81 2fll Se59CWISthff l#Tia alria.,&ccE7knLth aNftXTh) Diirt¥ RL4ie5fnN5&trryS 5.7 44F Jfj Pa(51e5 V(thew 1223 1."tsNv TEkNtrKKM.'&1nreEYI al kniii Yth'wen5(¥WS 272 47 89) Ico E.Mail&ithb4p Rf1Thre AttOlfee4 IF(¥J 14r OW TOTAL RESOURCESEXPENDED 25,JJ 177.31d IIETINCOMIIGRESOURCES .10.L8 13.62Q 12
SOUTrWARK TrAVELLERS' ACIION GROUP L TD CASH MOVEMENT FOR THE YEAR ENDED 31 MARCH 2025 CASH MOVEMENT FOR 2024.2025 BALANCE CIF 8ALANCE 81F INCOME J7 IJOU EXPENSES ". 4 1189 23,f48 Goveinmeni ollrdand Etngiart Suppi Tnjstloi London 3,018 25.042 28 -00 soithiiark CorjI Cormion Putpose 25L11" -00 swthwaik Louncil. Pthhc Heafth ffjo 13.620 360 13.260 Nalional Lottery Cunmunily FuThJ 18.011 47.901 7783 United St sawa's Chanty 1999 10.000 .11.999 -00 Newc(Nnmem ¢Lett 447 .447 -.00 Other OnIe 48,136 2,070 9).2&S 90,700 181,411 .177,314 94.797 13