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Trustees’ Annual Report for the period
From 1 January 2025 To 31 December 2025
Charity name: Friends of Finchley Way Open Space
Charity registration number: 1192844
Objectives and Activities
| SORP reference | ||
|---|---|---|
| Summary of the purposes of the charity as set out in its governing document |
Para 1.17 | 1. To promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment by reinstating, protecting and enhancing the habitats and increasing the biodiversity of Finchley Way Open Space that has been neglected. 2. To advance the education of the public in Finchley in the conservation, protection and improvement of the physical and natural environment. |
| Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. |
Para 1.17 and 1.19 |
Landscaping, planting and maintenance of site. |
| Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit |
Para 1.18 | We have regard to the guidance given by the Charity Commission on public benefit. The charity works with the landowner (London Borough of Barnet Borough Council) to make the site safely accessible and attractive to people in the local area bearing in mind that the objective is to create a wildlife area in part of the site. |
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Additional information (optional) You may choose to include further statements where relevant about:
| SORP reference | ||
|---|---|---|
| Policy on grant making | Para 1.38 | The charity does not make grants |
| Policy on social investment including program related investment |
Para 1.38 | The charity does not make financial investments of any kind |
| Contribution made by volunteers |
Para 1.38 | Work is carried out by volunteers, including all administration, website, fundraising and work on the site. Some of these volunteers are also trustees. In addition to the 11 trustees in the year we have had 20 other volunteers. Contractors are employed for specialist tasks that cannot be undertaken with hand tools. |
| Other |
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Achievements and Performance
| SORP reference | ||
|---|---|---|
| Summary of the main achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. |
Para 1.20 | This year we focused on maintaining and improving the work already done. The annual consultation conducted in the autumn showed that respondents value the area as somewhere quiet and peaceful to walk and sit. |
Additional information (optional) You may choose to include further statements where relevant about:
| Achievements against objectives set |
Para 1.41 | Given the limited resources and the small size of the site (approximately 1.8 acres), objectives are set by identifying small scale projects. The two main objectives set for 2025 was to develop and maintain the improvements already made to the site and to recruit new trustees to replace those standing down due to term limits. These objectives were achieved. |
|---|---|---|
| Performance of fundraising activities against objectives set |
Para 1.41 | We have not needed to fundraise this year as no new projects were undertaken and we have sufficient funds to complete our set objectives. The charity receives small and medium sized donations from time to time from local residents and businesses, which is enough to cover the overheads of the website, additional planting, tool replacement, etc. |
| Investment performance against objectives |
Para 1.41 | The charity does not make investments. |
| Other |
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Financial Review
| Financial Review | ||
|---|---|---|
| Review of the charity’s financial position at the end of the period |
Para 1.21 | At the end of the year the charity had £4208.62 held as cash in the bank and no other assets. |
| Statement explaining the policy for holding reserves stating why they are held |
Para 1.22 | The size of the reserve in the current account is set at £300, which will be reviewed at the AGM in April 2026. This is three month’s estimated running costs. There is no change from last year. |
| Amount of reserves held | Para 1.22 | At least £300. |
| Reasons for holding zero reserves |
Para 1.22 | N/A |
| Details of fund materially in deficit |
Para 1.24 | N/A |
| Explanation of any uncertainties about the charity continuing as a going concern |
Para 1.23 | Given the level of cash in the bank, future plans and likely future income from various sources, the trustees are confident that the charity remains a going concern. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| The charity’s principal sources of funds (including any fundraising) |
Para 1.47 | Barnet Council owns the land. The charity’s funds in the year have come from local residents and businesses. |
| Investment policy and objectives including any social investment policy adopted |
Para 1.46 | N/A |
| A description of the principal risks facing the charity |
Para 1.46 | We have a detailed risk assessment and mitigation table. The main risks are: GDPR breach; vandalism; and deteriorating relations with those living around the site and volunteers. |
| Other |
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Structure, Governance and Management
| Description of charity’s trusts: |
||
|---|---|---|
| Type of governing document (trust deed, royal charter) |
Para 1.25 |
Constitution |
| How is the charity constituted? (e.g unincorporated association, CIO) |
Para 1.25 | Charitable Incorporated Organisation, Foundation Model |
| Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees |
Para 1.25 | Anyone can apply to join the Board of Trustees at any time. Any trustee has the right to ask the Board to invite an individual with specific skills and interests to join the Board at any Board meeting, subject to the constitution limit of 12 trustees. Trustees have the final say on who joins the Board. Secret online ballots are used with existing trustees on decisions on renewals and new Board members. A simple majority is sufficient for election. While some trustees have not voted, none have voted against or formally abstained. |
| Additional information (optional) You may choose to include further statements |
Additional information (optional) You may choose to include further statements |
where relevant about: |
|---|---|---|
| Policies and procedures adopted for the induction and training of trustees |
Para 1.51 | New trustees are provided with a copy of the constitution, the latest minutes and statement of accounts before their first Board meeting. They are referred to the significant amount of information that is on the website atwww.fofwos.org The Executive Committee sends relevant documents to those who express and interest and interview them according to a set protocol, also giving more information about the charity and answering any questions at that interview. New trustees are able to contact the Chair, Treasurer or Deputy Chair or any other trustee, for additional support on an ad hoc basis. |
| The charity’s organisational structure and any wider network with which the charity works |
Para 1.51 | The charity is governed by its Board of Trustees. There is an Executive Committee comprised of the Chair, Deputy Chair and Treasurer. The Board has delegated much of the day-to day running and decision- making to this group but all financial decisions are referred to the full Board – by correspondence if a Board meeting is not imminent. Generally, a budget is set for each project and the Executive Committee manages the project within this limit. Subcommittees are established as needed for specific projects. Subcommittees are allocated set a budget for each project by the full Board. Within |
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| this they have leeway to make spending decisions. The charity is also an active member of the Barnet Green Spaces Network, which is affiliated to the London Friends of Green Spaces Network. |
||
|---|---|---|
| Relationship with any related parties |
Para 1.51 | The land is owned by the London Borough of Barnet and the trustees work closely with the Greenspaces Team at Barnet on plans for the site. The Council team is responsible for mowing the grass and maintaining the trees on the site. Additional funding for projects has been awarded by a Council Committee for specific projects. |
| Other | The charity has the following polices in place: a. Internal charity financial controls policy and procedures b. Safeguarding policy and procedures c. Financial reserves policy and procedures d. Complaint’s policy and procedures, within the safeguarding policy e. Internal risk management policy and procedures f. Trustee expenses policy and procedures g. Trustee conflicts of interest policy and procedures h. Bullying and harassment policy and procedures, within the safeguarding policy i. Social media policy and procedures j. Serious incidents policy and procedures The trustees do not believe that DBS checks are necessary as volunteers work in groups in an open space. No serious incidents occurred. |
Reference and Administrative details
| Charity name | Friends of Finchley Way Open Space |
|---|---|
| Other name the charity uses | N/A |
| Registered charity number | 1192844 |
Charity’s principal address |
5 Finchley Way, London N3 1AG |
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Names of the charity trustees who manage the charity
| 1 2 3 4 5 6 7 8 10 11 12 13 |
Trustee name | Office (if any) | Dates acted if not for whole year |
Name of person (or body) entitled to appoint trustee (if any) |
|---|---|---|---|---|
| Suzanne King | Chair | Until 16thDecember 2025 |
||
| Nick Dimant | Deputy Chair | |||
| Karen Goodman | Treasurer | |||
| Richard Bartholomew |
Until 16thDecember 2025 |
|||
| Simon Dukes | ||||
| Arlette Garcia | ||||
| Ross Houston | ||||
| Samuel Levy | Until 16thDecember 2025 |
|||
| Hilda De Souza | Membership Secretary |
Until 19thOctober 2025 | ||
| Pourus Panthakee | From 29thOctober 2025 | |||
| Peter Fielding | From 10thOctober 2025 | |||
| George Karaolis | From 22ndApril 2025 |
– Corporate trustees names of the directors at the date the report was approved Director name N/A
Name of trustees holding title to property belonging to the charity
| Trustee name | Dates acted if not for whole year | |
|---|---|---|
| N/A |
Funds held as custodian trustees on behalf of others
| Description of the assets held in this capacity |
N/A |
|---|---|
| Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects |
N/A |
| Details of arrangements for safe custody and segregation of such assets from the charity’s own assets |
N/A |
Additional information (optional)
Names and addresses of advisers (Optional information)
| ames and addresses of advisers (Optional information) | ames and addresses of advisers (Optional information) | ames and addresses of advisers (Optional information) |
|---|---|---|
| Type of adviser Name Address |
||
| N/A | ||
| Name of chief executive or names of senior staff members (Optional information) | ||
| No staff |
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Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
| Signed on behalf of the Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date |
charitys trustees | charitys trustees |
|---|---|---|
| Karen Goodman | Nick Dimant | |
Treasurer |
Chair | |
| 12thMay 2026 | ||
| 12thMay 2026 |
| FoFWOS Accounts 2025 Summary |
|||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Cashpositon at start ofyear | £3,792.63 | £0.00 | £3,792.63 |
| Expenses incurred,notpaidyet | £0.00 | £0.00 | £0.00 |
| Accountngbalance at start ofyear | £3,792.63 | £0.00 | £3,792.63 |
| Income during year | £977.53 | £0.00 | £977.53 |
| Expenses incurred during year | £561.54 | £0.00 | £561.54 |
| Transfer to Unrestricted | £0.00 | ||
| Overall balance | £4,208.62 | £0.00 | £4,208.62 |
FoFWOS Accounts 2025
Summary
| Summary | |||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| Cashpositon at start ofyear | £3,792.63 | £0.00 | £3,792.63 |
| Expensespaid | £561.54 | £0.00 | £561.54 |
| Income during year | £977.53 | £0.00 | £977.53 |
| Transfer to Unrestricted | £0.00 | ||
| Cashpositon | £4,208.62 | £0.00 | £4,208.62 |
FoFWOS Income 2025
| Date | Who | Unrestricted | Restricted |
|---|---|---|---|
| 1/2/2025 | London Borough Barnet - Tree Labels | £84.40 | |
| 1/14/2025 | UK Online Giving | £2.58 | |
| 1/29/2025 | Payroll Giving-Benevity | £150.00 | |
| 3/3/2025 | PayPal - Gif Aid | £37.50 | |
| 3/31/2025 | Private Donaton | £50.00 | |
| 7/1/2025 | UK Online Giving | £2.17 | |
| 9/24/2025 | Private Donaton | £50.00 | |
| 10/2/2025 | UK Online Giving | £2.48 | |
| 11/10/2025 | CompanyDonaton | £500.00 | |
| 12/8/2025 | PayPal Donaton | £98.40 | |
| Total | £977.53 | £977.53 | £0.00 |
| FoFWOS Expenses 2025 | FoFWOS Expenses 2025 | Unrestricted | Unrestricted | Restricted - other | Restricted - other | Restricted - | Restricted - |
|---|---|---|---|---|---|---|---|
| Date | Descripton | Refunded/ Paid |
Not Paid | Refunded/ Paid |
Not Paid | Refunded/ Paid |
Not Paid |
| 5/6/2025 | Ryan Best - Tree work | £120.00 | |||||
| 5/24/2025 | Tesco - Volunteer Week | £23.95 | |||||
| 5/27/2025 | Ryan Best - Tree work | £40.00 | |||||
| 6/5/2025 | WIX -Domain Renewal for 5years | £75.96 | |||||
| 6/13/2025 | B &Q- Seceteurs | £27.98 | |||||
| 11/20/2025 | RHS Order - Plants | £132.05 | |||||
| 11/20/2025 | Howard Nurseries - Plants | £117.42 | |||||
| 11/25/2025 | Meadowmania - Seeds | £24.18 | |||||
| TOTAL | £561.54 | £0.00 | £0.00 | £0.00 | £0.00 | £0.00 |
Donations 2025
| Date | Private Donatons | Gif aid collected | Company donaton | Payroll Giving | PayPal Donatons | UK Online Giving | Grants |
|---|---|---|---|---|---|---|---|
| 14 January2025 | £2.58 | ||||||
| 29 January2025 | £150.00 | ||||||
| 03 March 2025 | £37.50 | ||||||
| 31 March 2025 | £50.00 | ||||||
| 01 July2025 | £2.17 | ||||||
| 24 September 2025 | £50.00 | ||||||
| 02 October 2025 | £2.48 | ||||||
| 10 November 2025 | £500.00 | ||||||
| 08 December 2025 | £98.40 | ||||||
| Total | £100.00 | £0.00 | £500.00 | £150.00 | £135.90 | £7.23 | £0.00 |
| Grand Total £893.13 |
|||||||
| Grand Total | £893.13 |
Budget for 2025
| Budget for 2025 | Budget for 2025 | Budget for 2025 | Budget for 2025 |
|---|---|---|---|
| Used Remaining |
|||
| Reserve | £300.00 | £0.00 | £300.00 |
| Tools | £150.00 | £27.98 | £122.02 |
| WIX | £200.00 | £75.96 | £124.04 |
| Volunteers Event | £75.00 | £23.95 | £51.05 |
| Bulbs & Plantng | £500.00 | £433.65 | £66.35 |
| Total | £1,225.00 | £561.54 | £663.46 |