REGISTERED CHARITY NUMBER: 1190459 TRUSTEES, REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 FOR LIFE IN LONDON TRUST FreellJaDs Partrership LLP Chartered Certified Accountants Solar House 282 Chase Road London N14 6NZ
LIFE IN LONDON TRUST CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2024 Page TTUStee8' Report I to 3 Independent Exarniner's Reptsrt St¥4temeDt Financial Aftivitie$ Bal*nce Sheet Notes to the Finaneial St#tements 7 to 10 Det¥4iled Statement of Fin4n¢ial Artlvitles
LIFE IN LONDof4 TRUST TRUSTEES, REPORT FOR THE TrTAR ENDED 30 F40VEMBER 21124 The tsustees presemi their report with th¢ financial statem¢nts of the clwity for the year ended 30 November 2024. The trustees have adopted the provisioJ]s of Accountit]g and Reporting by Charities.. Staiement of Recommended Practice applicable to Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in th UK and Republic of Ireland (FRS 1021 (effcctiv¢ l January 2019)- OBJECTIVES ATr*D ACTIVITIES Objectives and 3¢tivities for the publie benefit Prevention or relief of Poverty- Prevention of poverty by providing adviee to disadvantaged and homeless people- This 11 be achieved by obtaining professional assistance from other organisations and pub]ic bodies to provide targeted advice to those in need. Help relieve vertY of disadvantsged and homeless people- The trust 111 rnise funds to Provide b&si¢ essential 1¢¢n such as clothing and food to disadvantaged group5 such as homeless people, elderly residents in social housinhomes, residents of women's refUgehOstel$, hospices and similar establisbrnents. The trust will raise funds to assist public organisations helping those in need by reason of youth or ill health by provid8 noJJDal item5 that are generally tsken for granted by rnost individuals. The advallcement of education.. The twst Hryll promote edu¢atlOD by supporting existillg education establislllnents that provide both fornjal and con]munity education or assist in the development of individual capabilities, COD]petences and skills. Th¢ tn]st will also support organisations which fijnd people's education. The relief of those ill need by reason of YOU age, ill-healiL disability, financial ]Jardship or other disadvantage.. The tnt will raise fimds to assist public organisations that provide accommodation and care to those in need by reaso of youth, age. ill health, disability, financial or other disadvantsge. This will be in the forni of financial assistallce or the provision of items required by such organisations to provide the appropriate level of 0mmOdation or care. The pro0t10n of mental or moral improvement.. The trust Mryll raise fi]nds to 1St the provisioll of services by other charities or public organisations that prornote mental or moral improvement. Grantmaking 3nd donations Grants and donations will be provided to any organisatioos that prornote the objectiv¢s of the Int. The tnleeS will approv¢, conf]nD and document compliance with this criteria before any grants or donations are made. Volunietrs A]1 tNstee5 aDd members of tbe ttust perfom) all their fLmctions and duties on a voluntsry basis. No renllmeration directly or indir¢¢tly out of the funds of the trLbSt paid or is payable for tbe year to any lry$te¢s or volunteers or to any person or persons known to be conne¢t¢d with any of tbe trusttts. Page I
LIFE IN LOF4DON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 NOVEMBER 2024 ACHIEVEMENTS AND PERFORMANCE Chttritable activltles During the year Lif¢ tn Lx)ndon Trust delivered a fitrther 17 projects in line the objectives and aims of the organisation cthjsisting of the followjng.. Christmas 2023.. - Gifts for children in Noah's Ark and Haven House hospices - Gifts for children and young adults in St Chrisiophees Fellowship knmes - Survival packs for both men womell in domestic vaolence refuges - F(Kl hampers for the ¢ld¢rly E&ster egg distribution to children in bospices and St Christophels Fellowship homes in ApTil 2024. Monthly distribution of food and essential items to homele&s people in celltr IA>ndon. FuDdralslng actiTr4tles The trust raised donations via collections and wsonal d¢)nations totalling £25.875 {2023'. £29,771). T1$t funds were used for the 17 pmjects fOrnled Alld for tUre projects. The ttusi orgat)ised a sp)nsored walk in Hyde Park gerat¢ fimds for the cl)arity in September 2024 and the volunteers raised a total of £9,421. Investment performance During the year no interest of was received on the fimds held in the bank accow)t {2023.. £Nil). FINANCIAL REVIEW Principal fuDding sources The trust's principal sources of funding are from dircct donations and cash collections which raised £13.013. Online donations raised from the charities website and Jus¢ Giving appeals of £12,085. A fithcr £777 (2023.. £1,437) received in the forni of direct donlon9 of items or services. Reserves po]iey As at 30 November 2024 the trust has reserves of £25,728 which will be used for tUre projects. The trust aints to maintain a minimum reserve bala¢ of £1,000 in order to ensure the continued delivery of activities in IiDe with it's objectives aDd aims. FirruRE PLANS Lif¢ in London Tnhst is registered as a 'foundation' Charithble IncOryrated Organisation Thwnb¢r CE022574 OD 20 July 2020 and has now received a Gift Aid number from HMRC to be able io claim Gift Aid on donations received where applicable. li is alliicipated thai this will assist to obtsin more fill]ng for its fuhwe cljaritable ptojects as the online donatioll service proTrider can now also pnKess Gift Aid claims Jirectly with HMRC on behalf of tbe trust. STRUCTURE, GOTrIRNANCE AND MANAGEMENT (rfbvernlng do¢umeDt The Imst is controlled by the Charity Colljrnission's m(Klel'foundation' CIO constitution. Recruitment and appointment of ntw trnstees The electiott of trustees is fOrnlised in the wnstitution. The founder truslee is appointed for 4 years and the first memErs of the trust are appointed for three years. Or8aDisatlODal structure The CIO currently kn a founder tru5ttt and four additional tntstees. Page 2
LIFE Ir4 LONDON TRUST TRUSTEES, REPORT FOR THE YEAR ENDED 30 NOVEl¥fBER 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Induction and training of nesv trustet$ There are no forn)al policies or procedures for the induction and trdining of trustees, however new twstees are provided with a copy of the constitutioll alld the trust'5 accounts. They are also given guidance as published by the Charity con)n)ission 1th regords to their roles and responsibilities (Guide CC3 and welcome pack) and the existing twstees also ovide support and guidance. Risk tnan#gemeDt The tnL%tee5 have k duty to idelltify and review the risks io which the tNsl is exposed and to ensure appropriate eontrois are in place to provide Tea8onabl¢ assuran¢e against fraud alld error. The ts]ee5 have ¢onsider¢d the major risks alld are satisfied that any risks identified have been ad¢quately miligated where necessary. It is rewgnised that Systems ¢an on]y pr(>vide reasonable but not absolute &ssurance that major risks have been adequately managed. REFEREf4CE AND ADMINISTIL4TtVE DETAILS Registered Charity Dumber 1190459 Prlnclpal address 43 Oakwood Crescent Winchmore Hill London N21 INX Trusteeg Mrs R Kalia Ms R Kalia (resigned 19.12.24) Mr T H Theodorou Mr B S Kambo Mrs S Tsangari (resigned 19.12.24) Mr A Dudani (appointed 19.12.24) Mrs S Dudani (appointed 19.12.24) Independent Examiner FreerQnS Parership LLP Chartered Certified Accountallts Solar House 282 Chase Road london N14 6NZ COMMENCEMENT OF AcTrS The uust commenced on l De¢ember 2018 th a Chris¢mas project to give gifts io children in St Christopher's Fellowsl]tp homes and children's hospices in Nortb LDndon.The trust regiSred as a'foundation, Charitable Incorporated Organisation number CE022574 on 20 July 2020. Approved by order of the board of tn1¢¢$ on 29 September 2025 and signed on its behalf by.. Mrs R Kalia- Trustee Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LIFE IN LOTrIDON TRUST Independent examiner's report to tbe trustees of Life An London Trust I reptsrt to the charity truslees OD my exaD]ination of the accoullts of Lrfe in London TEUSt (the TrSt) for the year ended 30 November 2024. Re8ponslbil£tles #nd basis of report As the ¢harity tnL8tees of the Tn1 you are respinsible for the preparation of the accounts in accordance with the requirements of the CIMrities Act 2011 ('the Act'}. I report in resp¢ct of my examination of the T5 accounts carried out under Section 145 of the Acr 8nd in carrying out my examination I have followed all applicable Directions given by the Charity Conm]ission under Section 145(5)(b) of the Act. Independent examiner's statement I have Compled my examination. I c(Trnfirm that no mat¢ri41 matters have come tt> my attention in ¢omiection with the examination giving me Cause to believe that in any material Te5pect: accounting records were not kept in respect of the Trust as required by Section 130 of the Act. or the accounts do Dot accord with those records. or the accounts do not comply with the applicable reqUirenrtts concerning the forni and content of accounts set out in the Charities (Accounts and Rqrts) Regulaiions 2008 other than any requarement that the ac£ounts give a true and fair view which is not a n]atter considered as part of an independent exatninatiOD. I have no concerns and have come across no other matters in connection with the examitydtion to which attelltion should be thawn in this report in order to ethle a proper Understa1]8 of the accounts to be reached. Mr Yiatu1S Spyou Bsc (Honsl, FCCA Freejnans ParerShip LLP Chartered Certified Accountants Solar House 282 Chase Road LA)ndon N146NZ 29 Septemb¢r 2025 Page 4
LIFE IN LONDON TRUST STATEMENT OF FINAI¥CIAL ACTIVITIES FOR THE YEAR ETrIDED 30 NOVEMBER 2024 30.11.24 Unrestricted funds 30.11.23 Total Notes INCOME Af4D ENDOWMENTS FROM Donations and legacies 25,875 29,771 EXPENDITURE ON Charltable aetlvities Christmas projecL Homele%8 projects Mind mental health Ail projects 1,679 16,280 1.214 15,487 5,212 2.652 2,782 61J4 687 Total 21JSI 25,252 NET INCOME 4,S24 4,S19 RECOTrICILIATION OF FUTr4DS Total fiujds brought fonvard 21204 16,685 TOTAL Fuf4DS CARRIED FORWARD 25,728 21,204 The ttotes forni part of these finan¢ial statements Page 5
LIFE IN LONDON TRUST BALANCE SHEET 30 NOVEMBER 21124 30.11.24 Unrestricted fullds 30.11.23 Totsl Notes FIXED ASSETS Tangible assets 968 1,404 CURRENT ASSETS Debtors Cash at baTLk and in hand 3.085 22,780 3,166 16,634 25,865 19,800 CREDITORS Amounts falling due withiD one year (I,ios) NET CURRENT ASSETS 24,760 19,8(KJ TOTAL ASSETS LESS CURRENT LIABIL[S 25,728 21,204 NET ASSETS 25,728 21.204 FUNDS Unrestricted funds 25,718 21,204 TOTAL FUNDS 25,728 21,204 The fUncial statements were approved by the Board of TNstees and authorised for issue on 29 Sept¢mkr 2025 and were sId on its behalf by: Mrs R Kalia- Tnjstee Mr T H Theodorou- Trustee The notes fonn part of these f]nan¢ial statements Page 6
LIFE IN LOI¥DOI¥ TRUST NOTES TO THE FINANCIAL STATEMEf4TS FOR THE YEAR ENDED 30 NOVEMBER 2024 ACCOUNTING POLICIES Ba$1$ of preparAng the financial statements The financial statements of the chsrity, which is a public benefit entity under FRS 102. have been prepared in accordance with the ChaTities SORTr {FRS 102) 'Accounting and Rew>rting by Charities.. Statement of RernMended Practice applicable to charities preparing their accounts in accordan with the Financial RertIng Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 20191,, Financial Reporting Stsndard 102 The Finala1 Reporting Standard applicable in the UK and Republic of Ireland, and tbe Cljarities Act 2011. The fitMn¢iai s¢atements hav¢ been pr¢pared under the his¢ori¢al cost convention. Incolne All income is recognised in the Statement of Finalleial ACtitieS once the charity hag entitleDWlt to th¢ funds, it is probable that the income will be received and the amount can be me&sured reliably. E%pellditure Liabilities are 0glS¢d as expendittwe as soon as there is a legal or ¢onsIntive obligation con)mitting the charity to that expenditure, it is probabl¢ that a transfer of economic benefits will be required in settle]nent and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been clas8ifJed under headings that aggregate all cost relaied to the category. Where costs cannot be direetly attributed to particular headings they have been allocated to activities on a basis congistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order t(Tr TIte off each asset over ils estinted usefvl life. Safety equipmellt General equipment 21P/o straight line straigbt line Taxation The charity is exempt from tAx on ILS eharitable aciiviiies. Fund a£counting Unrestricted funds can be used LD Jccordance the charitsble objectives at the discretion of the trustees. Restricted funds can ofily be used for particulaJ restricted PUTposes within the objects of the charity. RestrictioJLS arise when Sp]fied by the donor or when fimds are raised for particular restricted purposeg. Further explanation of the nature and purpose of each nd is included in the notes to th¢ financial slatements. TRUSTEES. REMUNERATION AND BENEFITS There wer¢ no trustees, rejnuneration or other benefits for the year ended 30 November 2024 nor for the year ended 30 November 2023. Trustees, expenses There were Tho $tees, expenses paid for the year ellded 30 November 2024 nor for th¢ year ended 30 November 2023. Pag¢ 7 continued...
LIFE IN LONDON TRUST NOTES TO THE FINANCL4L STATEMENTS- fontinued FOR THE YEAR Ef+lDED 30 NOVEMBER 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricied funds INCOL¥IE AND ENDOWMENTS FROM DoDations and legacies 29.771 EXPENDITURE ON Ch#rit#ble Attlrfdes Christmas projecis Homeless projects Mind nla1 health All projects 1,214 15,487 5,212 2.652 Other 687 25,252 NET INCOME 4,519 RECONCILIATION OF FUNDS Totsl funds brough¢ forward 16,685 TOTAL FUNDS CARIUED FORWARD 21.204 TANGIBLE FIXED ASSETS Safety Lquipment General equipment Totals COST At l December 2023 Additiolls 391 2,731 167 3,122 167 At 30 Novemb¢r 2024 391 2,898 3,289 DEPRECIATION At l December 2023 Charge for year 295 1,423 579 1,718 603 At 30 November 2024 319 2,002 2,321 NET BOOK VALUE At 30 November 2024 72 896 968 At 30 Novembtr 2023 96 1,308 1,404 Page 8 continued...
LIFE IN LONDON TRUST NOTES TO THE FINANCIAL STATEMENTS- contlllued FOR THE YEAR ENDED 30 NOVEMBER 2024 DEBTORS: AMOUF4TS FALLING DUE wrrHIN ONE YEAR 30.11.24 30.11.23 Other debtors Prepa)rynents and accrued incorne 200 2,885 3,166 3,085 3,166 CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YKAR 30.11.24 30.11.23 Trade creditors Other creditOTS 409 696 1,105 MOVEMENT IN FUNDS Net At 1.12.23 movement in fimds At 30.11.24 Unrtr1£ted funds Generdl fillMI 21,204 424 25,728 TOTAL FUNDS 21204 4,524 25,728 Net movement in fund& included in the above are as follows: Incoming resources Resources expended m0vent Unrestricted fud% Generdl fiuMI 25,875 (21.351) 4,524 TOTAL FUIYDS 25175 {21 J51) 4,524 Compar8tives for movement in funds Net At 1.12.22 movement in fimds At 30.11.2J Unreslricted funds Gcneral fimd 16,685 4,519 21,204 TOTAL FUNDS 16.685 4,519 21,204 Page 9 continued...
LIFE IN LONDON TRUST NOTES TO THE Fll¥ANCIAL STATEMENTS- continued FOR THE YEAR ENDED 30 NOVEMBER 2024 MOVEMENT IN FUNDS- fontinued Comparative net movement in fut]ds, included in the abov¢ are os folloTr.. Incoming Resources resources expended Movement in fvnds Unrestrieted fuDds Generdl fund 29,771 (25,252) 4.519 TOTAL FUNDS 29,771 (25,252) 4,519 A current y¢aT 12 moDths and prior year 12 montlL% combined w)sition Rs as folloMs'. Net movement in fimds At 1.12.22 At 30.11.24 Unrestrieted funds General fund 16,685 9,043 25,728 TOTAL FUNDS 16,685 9,043 25,728 A current year 12 month$ and prior year 12 months combined net movement in fUt9. included in the above are &s follows: Inotsming resou¢5 ¢xp¢nd¢d in fi]nds Unrestricted funds General nd 55,646 (46,603) 9,043 TOTAL FUNDS 55.646 (46.603) 9.043 RELATED PARTY DISCLOSURES Th¢re w¢r¢ no relat¢d paty traSaC.0S thor the year ended 30 November 2024. Page 10
LIFE IN LONDON TRUST DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 NOVEMBER 2024 30.11.24 30.11.23 INCOME AND ENDOWMENTS Donations #nd legaeies Online donations Cash and direct donations Donatrd itejns and setvices 12,085 13.013 777 17.806 10,528 1,437 25,875 29,771 Total Sncomlng resources 25,875 29,771 XPENDITURE Charltable actlvltles Gift items Bags alld gift mpping itenjs Donations paid Food and toiletry item8 Clothing & personal care items Online and card donatii>n f¢¢s Motor and Travelling 1,679 707 1,214 558 5,212 9,199 6,288 50 652 10,791 5,495 165 801 19,698 23.173 Other Depn of safety equIpent Depn of general equipment 24 580 78 609 604 687 Support ¢ost$ Management Cl&Thing and PPE supplies Postage and stationery Advertising and promotion Storage 26 67 820 102 1,214 1.049 1,392 Total resources expended 21 JS1 25,252 Net income 4,524 4,519 This page does not forni part of the statutory fjnancial statements Pase 11