Charity registration number 1196093 KEW NEIGHBOURHOOD ASSOCIATION ANNUAL REPORT AND VNAUDITED FINANCIALSTATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025
KEW NEIGHBOURHOOD ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees K Gillan-Thomgs C LangTley C J Weath¢rill M Ke¢nc (D¢puty Chairperson) M J Cross Abhi5h¢k Mohanty Sergio Castedo {Appoint¢d 8 May 2025} {Appointed 8 May 2025) Chairperson K Gillan-Thomas Charity number 119609J Principal address Si Luke's House 270 Sandycombe Road Richmond Surrey United Kingdom TW9 3NP Independent examiner David Howard Chartered Accountants I Park Road Hampton Wick Kingston Upon Thames Surrey KTI 4AS
KEW NEIGHBOURHOOD ASSOCIATION CONTENTS Page Trust¢¢s rcwrt Independent examiner's report Statement of financial aetivities Balance sheet Notss to the financial statements 10-20
KEW NEIGHBOURHOOD ASSOCIATION TRUSTEES REPORT FOR THE YEAR ENDED JO SEPTEMBER 2025 Thc Trustc¢s prcscnt thcir annual r¢port and financial stat¢rn¢nts for the ycar ¢nd¢d 30 Sept¢mb¢r 20?5. The fiiiancial statements havc been pr¢par¢d in accordanc¢ with the accoiinting policies S¢t out in not¢ I, to the finaiicial statements and compl>, with the Charity's governing document, the Chariiies Act 2011 and "Accounting alld Reporting b), Charities.. Stat¢m¢nt of Recomm¢nd¢d Practic¢ applicable to chariti¢s preparing their accounts in accordance with the Financial Reporting Staiidard applicable in the UK and Republic of Ireland (FRS 102)" leffeciive l January 20191. Objeetives and activities Kew Neighbourhood Association (KNA}, is a local charity that provides support 10 older people and those with limited mobility in the area of Kew, within the London Borough of Richmond upon Thames. KNA'S mission is to reach. support and connect older people, and adults with limited mobility. in Kew, to ¢tble their independence aiid quality of life. Our work ovcr the past financial year (¢nding JO S¢pt¢mber 2025), has continued to ¢nsur¢ M'e ar¢ a core part of the local communitv. Across the year we have continued to provide and develop our main services to supt)ort our neighbnur5 in K¢w.' driving to mcdical appointments and social artivit1¢5, coinpanion8hip, gardening and shopping- whilst supplementing these with our tea box deliveries, volunteer and client parties, and companioi)ship calls at Christma5. Throughoiit our work, we arc d¢v¢loping Social connection. with evervone involved in the charity building new and deeper relationships, contributing to the bigger communiry, of which w¢ are a part. Our model has not changed significantly over the past year. We r¢main a local charity d¢livcring s¢rvic¢s enabled by the goodwill. generosity, and Lommitnient of our 120 volunteers who, supwrted by our small staff team. ensure we arc able to provide a friendly and reliable service to our clients. Our year in numbers KNA wclcomed l ) n¢w voluntccrs and 13 ncw clicnts in this financial year. Table I: Number of active tlients and volunteers at year end eompared to the previous year Financial Year 23-24 Financial Year 2&25 /0 ehange year on year umber of clients 15 206 /D decrease umber of volunteers 149 121> 19 /D decrease B. Includes onlj cliEFlts and VolnIgerS m.ho ed orprovidEd the services in Each VEar
KEW NEIGHBOURHOOD ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Table 2: Nurnber of jobs delivered ocross our services Compared to the previous year ur Services Financial year 23-24 Financial year 24-25 / chaThge year year Driving jobs ,008 1,-582 l 0/0 decrease 111 ompanionship relationships (at least onths during each ear) 24 /0 d¢cr¢ase ompanionship visits 1.010 99 l 0/0 decrease 111 hopping trips 519 15010 incrcasc 'ardening jobs 52 120/0 decrease (Jl ea boxes delivered Party Tca Box - 24 Party T¢a Box- 37 40/0 increase hristmas Tea Box - 195 hri5tmas Tca Box- 202 O/y incrcasc hrigtmas mpanionship visits alls 167/0 increase l This figure has a history of fluctuation, depending on the number of high use current clients in any given year. This figure includes home visits as w'ell as a smaller number of other companionship interactions including hospital visits, phone calls and cxcursions. Note that in July 2024 wc introduced a new method of counting and rewrting on companionship activities. replacing a previous method with included a degree of estimation. W¢ are therefor¢ ¢oiifid¢nt that tli¢ figiir¢s for 2024-25 repre8¢nt a nior¢ accurat¢ pi¢tur¢ of activity than previously. but we cannot be certain how much of the appareni deci'ease in activity is real, or due to this improved approach to monitoring. 3AII requested gardening jobs were fulfilled this year, hence this decrease reflects a rediiction in the number of requests. Public benEfil The Trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the Charity should undertake.
KEW NEIGHBOURHOOD ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Achievements and performance KNA has a number of both formal and informal Tn¢chanisms to ¢nsurc w¢ understand th¢ impact of our work, and potential changes we may want to make to adapt to changing needs. The most fornial Inechanism is our bi-annual survey, for which reported results in last year's annuai report, and ar¢ prcparing to run again in the coming financial year. We have, as ever, been listeninL to both our clients aiid volunteers botli through the relationships that they build with each other, our otTice volunteers and our staff team- and through more specific effons. As we head towards oiir 50th anniversary, we liave been particularly seekingF stories froin both client5 and volunteers to better understand the value that KNA brings and their motivation for engaging with us. During an interview in April, one of KNA'S clients said, 'KNA has truly made a difference to my life. Knowing they're there means so much., During a phone call to check in with a KNA Companionship Volunteer. whose beneficiary had receiitly p955ed away, KNA'5 volunteer shared how she had continiied to visit her ¢ompanion in hospital, including taking in a photo of her clients deceased husband. so he could be by her side when no one else was ncar-by to visit. Highlights from the p05t year While the majority of our services are delivered throughout the year. there are a few highlight events and moments to celebrate.. In late 20?4 we m.ere kindly nomiiiated for the King's Aivard for Voluntary Service. As part of the asse551nent process, in January we ivere delighted to host (Jillian Norton, OBE DL (Representative Deputy Lieutenant for the London Borough of Richmond upon Thames) h0 spent the day with us meetlllg a number of voluntccrs and clieiits. We're grateful to Gillian and all those ,hO have contributed to this process for KNA. While ultimately KNA was not successful in the nomination the assessment process has been an affirming one for KNA, and we are delighted that, as a result ol- this process, two loi)gstanding volunteers and their guests will be able to attend a royai garden party in 2026. in recognition of iheir contribution. In early 2025 Carol WebsteT was noininatcd for a Community H¢rocs Award in r¢cogTnition of h¢T OUt%tanding dedication as a Kew Neighknurhood Association volunteer over the past 5 years. Her nomination highlighted the depth of her care and the impact of her support on one individual's abilitv to remain independent in later life. We are delighied io celebrate Carol's contribution to our work. and know that hers is one story among many ivithin our dedicated volunteer team. You can read more here.. lill .Iik knia-iii-action.:'CLirol- vtbsler... Our annual Client Summer Party (July), and Christmas Volunteer Party (December) were a great success, and wc would likc to thank all who contributcd. Our Director, Abi Palnier. joined the Future Leader5 2415 eohort, a career development pro&Tramme run jointly by Richmond CVS, ACEVO, Clear Thinking Consultsncy and supported by The Richmond Foundation. At th¢ AGM in Maj., we c¢l¢brated our work ov¢r th¢ pr¢vious financial y¢ar. and w¢l¢omed R¢v¢r¢nd Canon Dr Giles Fraser (Vicar of St Anne's Kew), to share his reflections on the nature of community. During the spring and summer of 2025, the trustees worked with Manita Khuller from The Cranfield Trust. to help KNA develop the articulation of its strateLy and plans. During the year we enjoyed hosting a stall at a number of local events, including Kew Sparkle (December), Keiv Fete (June) and Kew Village Market (October). We also benefilled from donations from The Good Wine Shop for mone), raised from bag purchases, a donation for tilming taking place in Kew and a £10,000 bequest from KNA client. George Lewis.
KEW NEIGHBOURHOOD ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Our partners and supporters KNA work5 closely with a rETe of partneTS to deliver our missioii. In this year we continued our partnership with The People Hive, based in Twickenham, who connect adults with learning disability 1th their coiiiinunity. Their team have helped deliver leaflets spreading the word about our services to people across Keiv. Over the winter montlis, KNA piloted a partnersliip with the Chatt), Café scheme: hosting a chatty café offcr in Kew at tlie South Street Café in Nortll Sheen ReL on Monday inorninLTs, as a means of providin¥F a different space for people to connect. We want to thank South Street Café for hosting us in this initiative, and for the voluiiteer5 who hosted those sessions for us. Due to low attendance, Ive have decided not to continiie this pilot. and are turning our attention to support other local initiatives. In particular. we have been delighted to ttend, aiid share food with gTroups of our statl. and volunteers at a iiumber of the Avenue Club Lunches. These have been a wonderful opportunity to break bread iogether and build relationships outside of our formal scrvice offer. We have also continued to work closely with Kew Community Trust and the Avenue Club, provide such an array of social and recreational activities that support the wellbeing of our clients, and thank KCT for providinLT jn-kind support throii&Th the venue for our quarterly board ineetin¥ and client summer party. We also want to acknowledge the support we receive froin a number of different gources.. Richmond Foundation (previously Richmond Parish Lands Charity) for their ongoing financial support,. Age Concern Richmond through their co-ordination of the Comniunity Independent Living Scheme {CILS) contract, and the broader cohort of neighbourhood care groups in Richmond for their peer 5UPPOrt and advice, as well as Richinond CVS. We also benefit from a number of Kew-based community initiatives that suprM)rt us to Ly)th raise funds and our local profile, iii particular: Kel VillagTe Market, Kew Fete, and Kew Sparkle, as well as a number of local businesses. particularly The Good Wine Shop, Pot Pourri and Maids of Honour in Kem,. We also have bcncfitted from the geiierosity of the local churches, particularly St Anne's, and Livewell ill Kew, providing venues for meetings and events. We would like to note our sadness at the closure of the Livewell venue during this year, which provided a fantastically welcoming community space. Most importantly, 'e waiit to ackiiowledgFe and thank our amazing volunteers wlio enable us to deliver our work everyone from the Office Volunteer team providing a friendly welcome and efficient service in scheduling jobs, to our drivers and companions, shoppers and gardeners who provide a cheerful, reliable and supwrtive service to our clients. as well as everyone who has helped deliver cards. tea boxes and helped out at events. Oiir trustees are also part of the volunteer team, and M".e woiild like to acknowledge the contributions of those who have s(epped down in this tinancial year.. Sharon La Ronde (previous Vice Chair):. Margaret de Fonblanque and to welcome our new Trustees elected at the AGM in May 25- Abhishek Mohanty, Sergio Cagtedo: and to Fiona O-Farrell who joined in Jul!, 25. Finallv. the trustees would like to acknowledge the contributions of our staff who do so much to enable KNA to continue to deliver its mission, and we are gTlad to be enterinbT the new financial yeaT Wlth a full and stable staff team.
KEW NEIGHBOURHOOD ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Looking ahead As we enter the neiv financial year, we are starting to plan in earnest for KNA's 50th anniversary, which we will celebrate in 2027. Tliis will be a magnilicei)t niilestoi)e for the organisatioi), representing the liard 'Ork, generosity and community spirit that thrives in Kew. This coming year will also, by necessity, have a strong focus on fundraising as we aim to implement some of the plans developed through our Strategy work with Cranfield Trnst. 'e are particularly aiining to have a greater focus on regular income from individual supporters in Kew, as well as diversifying our income from trust5 aiid foundation8. We beli¢v¢ thi8 is th¢ b¢5t way to a¢hi¢vc stability for th¢ organiatiOn, and ensure w¢ can enter our Soth year in a healthy pisition. Most importantly. we will continue to focus our efforts to make sure that everyone within Kew who might b¢n¢fit froTll our scrvic¢s knows about Us and can acccs5 our s¢rvi¢cs, M".hilst also building our volunt¢¢ring offer to ensure it is flexible. sutriciently supported and provides an enriching way to connect with neighbours in th¢ local community. Financial review These accounts r¢pr¢s¢nt th¢ results for the charity for the ycar ¢nding ioth S¢ptcmber 2025. Diiring th¢ period the charity had income resources of £58,017 (2024 £60.4291 and a total expenditure of £80.i14 {2024 £77,991). As shown in th¢ statement of financial activiti¢s, tli¢ 1055 on revaluation and disposal of investments ainounted to £4.277 {2024.' gain of £12.8751 resulting in a loss of £26,574 {2024 loss of £4.6871. Reserves policy The Trustees have decided that such unrestricted funds not committed in tangible fixed assets should not fall below the level of twelve months operational expenditure. Structurey governance and management The Trustees who served during the year and up to the date of signature of the financial statements were.. K Gillan-Thom&8 C Langley C J Weatherill M de Fonblanque M Keene (Depury Chairperson} M J Cross S La Ronde Abhishek Mohanty Sergio Castedo (Resigned 8 May 2025) (Resigned 31 December 2024) (Appointed 8 May 2025) (Appointed 8 May 2025) R¥cruiiMeni ofrtd appoinimeni of iruslees KNA seeks to recruit trustees .hO are representative of the local area and who ean bring a range of professional qualifications to the role covering issues such Health & Safety. HR. Finance. Fundraising. etc. Individuals from all sectorg of the local communitv are considered, regardlesg of age, sex, religion, etc.
KEW NEIGHBOURHOOD ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 The Trustees report was approved by the Board of Trustees. GIL ne (Deputy Chairperson} Trustee Date.. 25 March 2026
KEW NEIGHBOURHOOD ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF KEW NEIGHBOURHOOD ASSOCIATION I report to the Trustees on my examination of the financial statements of Kew NeighLy)urhood Associaiion (the Charity) for th¢ y¢ar ¢nd¢d 30 September 2025. Re5ponsibililies and basis of report A the Tru.tte$ of the Cliarity )'ou arc r¢sponsibl¢ for th¢ preparation of th¢ financial 5tat¢Tn¢nts in accordan¢¢ with ihe requirements of the Charities Act 2011 (the 201 l Act). I report in respect of my examination of the Charity s financial statements carried out under section 145 of the 201 l Act. In carrying out Iny examination I hav¢ follow¢d all thc applicable Directions giv¢n by thc Charity Commission under section 145{51(b) of the 2011 Act. Independent examiner's statement Your attention is drawn to the fact that the charit). has prepared financial statements in accordance with Accoiinting and R¢porting by Chariti¢s pr¢paring their accounts in accordan¢¢ with th¢ Financial Repx)rting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities.. Statement of R¢comm¢nd¢d Practic¢ issu¢d on l April 2005 which is r¢f¢rr¢d to in th¢ extant regulations but has now en withdrawn. understand that this has been done in order for fInancial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effectik'e for reporting period5 beginning on or after l January 2015. I have completed my examination. I coiifirni that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in reS¢t of the Charity as required by section l io of the 201 l Act. or the financial statements do not accord '1th those records- or the financial statements do not comply with the applicable requirements concerning the fonn and content ol- aLcounts sei out in tlie Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no conceriis and have coine across no other niatters in eonnection with the exaniiiiation to which attention should be drawn in this report in order to enable a proper understsnding of the financial statements to be reached. David Howard Chartered Aceountalnts I Park Road Hampton Wick Kingston Upon Thames Surrey KTI 4AS Dated:.........................
KEW NEIGHBOURHOOD ASSOCIATION STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Unrestricted Restricted funds funds 2025 2025 Total Totsl 2025 2024 Notes Income from: Doiiation5 aiid legFacies Fundraising activities Investments 48,966 1,565 7,486 48,966 1,565 7,486 1,887 4.14i Total ineome 58,017 58,017 60,429 nditure on: Raising funds 2,618 2,618 1.801 Charitable activities 76,896 800 77,696 76,190 Total expenditure 79,514 800 80,314 77,991 Unrealised gain/(loss) on investments 12 14.277) {4,277) 12.875 Net expenditure for the yearl Net movement in funds 125.774) (800) 126.574) (4,687) Fund balances at l October 2024 121.359 4,880 126,239 130.926 Fund balances at 30 September 2025 95,585 4,080 99,665 126,239 The statement of financial activities include5 all gains and los5 recognised in th¢ y¢ar. All income and expendilure derive from continuing activities.
KEW NEIGHBOURHOOD ASSOCIATION BALANCE SHEET ASA T30 SEPTEMBER 2025 2025 2024 Iyotes Fixed assets Investments 14 123,710 Current assets Debtors Cash at bank and in hand 15 3,794 3.452 4,650 7,246 4,650 Creditors: amounts falling due within one year 16 {2,114) 12,121) Net cuttent assets 5.132 2,529 Total assets less eurrent liabilitieg 99.665 126,2J9 Income funds Restricted funds Unrestricted funds General funds 17 4.080 4.880 18 94,805 121,359 95.585 121.359 99,665 126.239 The financial statements were approved by the Trustees on . 25 March 2026 QCIL MKC Trustee eputy Chairperson}
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS FOR THE YEAR ENDED JO SEPTEMBER 2025 Aecounting polieies Charity information Kew Neighbourhood Association was registered as a Charitable Incorporation Organisation on 11 Octob¢r 20? l and is gov¢rn¢d by its constitution forin¢d under an association model. 1.1 Accounting convention The financial statements have been prepared in accordance 1th the Charity's governing document. the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the Charities SORP "Accounting and RerH)rting b), Charities.. Statement of Recoended Practic¢ applicable to chariti¢s preparing thcir accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102}" {effective l January 2019). The Charity is a Public Bcnefit Entity as defincd by FRS 102. The Charity has taken advantage of the provisions in the SORP for charities not to prepare a Ststement of Cash Floivg. The financial statements have departed from the Charities (Accounts and Reports} Regulations 2008 onl>, to the extent requii'ed to provide a true and fair view. This departure hag involved following the Ststemeni of Recommended Practice for charities applying FRS 102 rather than the version of the Slatemeni of Recommended Practice which is refeffed io in the Regulations but wl)ich has since been wIthdra'n. The financial statements are prepared in sterlii)g, wl)icl) is the functional currency of the Charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convenlion. The principal aecounting poliLies adopted are set out below. 1.2 Going foncern At the lime of approving the financial statements, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in 0rational existence for the foreseeable future. Thus the Trustees continue to adopt the going coi)cern basis of accounting in preparing the tinancial statements. 1.3 Charitable funds Unrestricied funds are available for use at the discretion of the Trustees in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Charity. 1.4 Ineome Income is recognised when the Charity is legally eniiiled to it after any perfomance conditions have en met, the amounts can be measured reliabl)., and it is probable that income ivill be received. 10
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Accounting policies (Continued) Cash donations are recognised on receipt. Other donations are recognised once the Charity has been iiotified of the donation, iiiiless perfomance conditi(Ins require d¢feTral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. LeLTacies are recobFnised on receipt or otherwise if the Charity has beeli notified of an Im[ndin distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is reeogTni5ed once there is a leLTal or constructive oblibFaiion to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement. and the amount of the obligation can be ineasured reliably. Exp¢nditur¢ is cla55ified by artivity. The ¢osts of cach activity ar¢ mad¢ up of th¢ total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a 5ingl¢ activity arc allocated dir¢¢tly to that artivit),. Shar¢d costs which Contribute to more tlian on¢ activity and suppoit costs ivhich are not attributable to a single activity are apportioned between those activiti¢s on a basis consist¢nt with thc use of r¢sourc¢s. C¢ntral staff costs are allocat¢d on tl)¢ basis of time gpent. and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixcd assets Tangibl¢ fix¢d asS¢ts are initially mcasur¢d at cost and sub5¢qu¢ntly m¢asur¢d at cost or valuation, nct of depreciation and any iinpaimient losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over th¢ir useful lives th¢ following bas¢S'. OITice equipment 250/0 on cost Th¢ gain or loss arising on th¢ disposal of an assct is deterled as thc diff¢rcnc¢ betive¢n th¢ sal¢ proceeds and the carrying value of the asset, and is recognised in the ststement of financial activities. 1.7 Fixed asset inve5trnents Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subs¢qu¢ntly In¢asur¢d at fair valuc at cach rcporting dat¢. Cliang¢s in fair valu¢ ar¢ recognis¢d in n¢t incomel(expenditure) for the year. Transaction costs are expensed as incurred. 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks. other short-term liquid investTn¢nts with original Tnaturit1¢5 01 thr¢¢ Tnonths or Is, and bank ov¢rdrafts. Bank ov¢rdrafts ar¢ shown within borrowings in current liabilities.
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Accounting policies (Continued) 1.9 Financial instruments The Cl)arily l)as elecled to apply the provisions of Section I I 'Basic Financial Instruments. and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions ot the instMent. Financial asscts and liabililics arc offs¢t, with th¢ n¢t amounts pr¢s¢nlcd in th¢ financial ststcmcnts, vhen there is a legally enforceable right to set off the recognised amounts and there is an intention to 5¢tt1¢ on a n¢t ba5l5 or to r¢alis¢ th¢ asset and s¢ttlc th¢ liability simultan¢ously. Ba5icfinancial ussel.F Basic linancial assets, which include debtors aiid cash and bank balances, are initially measiired at transaction price including transaction costs and are subsequently carried at amortised cost using the eft¢ctivc int¢rcst m¢thod unless the arrangTem¢nt constitut¢s a financing transaction, whcrc th¢ transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amort15ed. Basic financial liabiliti¢s: including cr¢ditors and bank loans ar¢ initially r¢cogni5¢d at transaction pric¢ unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of th¢ future payments discounted at a market ratc of interest. Financial liabiliti¢s Llassified as payable within one year are not amortibed. Debt instruments are subsequently earried at amortised cost, using the effective interest rate Inethod. Trade LTeditors are obligdtiong to pa}. tor goods or Services that have been aLquired in the ordinary course of operations from suppliers. Amounts pavable are classified as current liabilities if payment is due within one J'ear or less. If not, theN' are presented as non-cutTent liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest metliod. Dereeo&NnitiiJn IFIéIIICEuI liahililie.I Financial liabiliti¢5 ar¢ d¢rccogni5¢d wh¢n ihc Charity's Contrartual obligations cxpir¢ or ar¢ discharg¢d or cancelled. Critical accoutIng estimates ad judgements In the application ol. the Charity's accounting pc>licies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other soiirces. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these ¢Stimat¢s. Th¢ ¢stimat¢s and underlving assumptions arc r¢view¢d on an ongoing basis. R¢Yi51011S to accounting estimates are recognised in the period in which the estiniate is revised where the revision affects only that period: or in the period of the revision and future periods here the revision affects both current and future periods. 12
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Donations and legacies Total Total 2025 2024 Donations and gifts Income from grants 20.917 28,049 12.957 41,442 48.966 54,399 Grants income Grant from CJLS Grant from Richmond Parish Lands- Core 8.049 20.000 7,78? 33,660 28.049 41,442 Fundraising activities Unrestricted Unrestricted funds funds 2025 2024 Fundraising events 1,565 1,887 Investments Total Total 2025 2024 Investment income 7,486 4,143 13
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Raising funds Unrestrieted Restricted (unds funds Total Total 2025 2025 2025 2024 Charitable donations Other fundraising costs 105 1,287 834 834 Fundraising and publicity 834 834 1,392 Investment management 1,784 1.784 409 2,618 2.618 1,801 Charitoble activities 2025 2024 Staff colts 59,346 62,451 Share of support Costs (see note 8) Share of governance costs (see note 8) 16,568 1,782 11.899 1.840 77,696 76,190 Anal>sis by fund Unrestrieted funds Restricted funds 76.896 800 76,124 66 77.696 76,190 14
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 Support costs Support Governanee costs costs 2025 2024 Insurance Trav¢lling ¢xpcnscs Sundry, ¢xp¢nse5 PrintingFs, postabTe & stationarv Teleeommunication Computer runnin¥ cost Rent Legal expenses Depreciation Advertising 878 2,681 2,946 878 2,681 2,946 1,255 2,154 4,154 1,530 970 815 2,627 2.670 756 806 2,200 ,014 13 961 2,154 4,154 1,530 970 Independent Examiner fee 1,782 1.782 1,840 16.568 1.782 18.i50 Analysed betw'een Charitable activities 16,568 1.782 18.350 13,739 Net movement in funds 2025 2024 The net movement in funds is stated after chargingl(crediting)'. Depreciation of owned tangible fixed assets 961 10 Trustees None of the Trustees {or any persons connected with them) received any remuneration or benefits from the Charity during the year. 11 Employees Thc av¢rage rnonthly number of employ¢¢s during the year was.. 2025 Number 2024 Number 15
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 11 Employees (Continued) Employment costs 2025 2024 Wag¢s and salaries Other p¢nsion costs 56,774 2,572 60,008 2,443 59.346 62,451 There were no employees whose annual remuneration was more than £60,000. 12 Unrealised gainl(loss) on investments Tot%1 Total 2025 2024 Unrealised Gainl{loss) on invegtinents (4.2771 12,875 13 Taxation The charity is ¢x¢mpt froin tax on in¢oTn¢ and gains falling within s¢ction 505 of the Taxes Act 1988 or section 252 of the Taxationof Chargeable Gains Act 1992 to the extent that these are applied to its charitabl¢ objects. 16
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 14 Fixed asset investments Listed inve5trnents Cost or valuatio At l Ociobcr 2024 Additions l (Di5W5als) Valuation chanbTes 123,710 (24,900) (4,277) At JO September 2025 94,533 C#rrving #mount At JO September 2025 94.5ii At JO September 2024 123,710 Listed investments included above.. 2025 2024 Listed investments carrying amouni 123.710 17
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 15 Debtors 2025 2024 Amounts falling due within one yeair: Other debtors 3,794 16 Creditors: amounts falling due within one year 2024 Other taxation and social security Accruals and deferred income 297 1,817 411 1,710 2,114 2,121 17 Restrifted fund5 The income funds of the charity include restricted fijnds comprising the following unexpended balances of donations and grants held on trust for sprcific purpos¢s'. Balan¢¥ at 1 OCtor 2023 Ro$ourcè8 B*lanto at expÈndod1 October 2024 Ro$our¢e8 Balancè at expendtd 30 Sèptember 2026 Kew Carer's Fund Village Fund 1,691 3,255 166} 1,625 1,625 2,455 (800) 4,946 166} 4,880 (800) 4,080 Kcw Car¢r's Fund was originally establishcd to providc rclief for carers and is now used to provid¢ Careline alarnis to clients who are just above the level to qualify for income support. This fund was funded by Ri¢hmond Philanthropic Society. Th¢ Village Flind was ¢5tablish¢d to ftind thc creation of a n¢w web51t¢, th¢ training of voluntc¢r5 and the creation of a series of films about Kew Neighbourhood Association. 18
KEW NEIGHBOURHOOD ASSOCIATION NOTES TO THE FINANCIALSTATEMEf4TS (CONTINUED) FOR THE YEAR ENDED JO SEPTEMBER 2025 19 Analysis of net assets between funds Unrcstricted Restricted funds funds 2025 2025 Total Unrestrieted Restrieted funds funds 2024 2024 Total 2025 2024 Fund balances at io S¢pt¢mber 2025 are represented by.. Investinents Current assetsl{liabilities) 94,533 12J,71 123,710 5,132 5,li2 2,529 99,665 99,665 126,239 126,239 20 Related pi)rty transactions Th¢r¢ were no disclosabl¢ related party. transactions during thc y¢ar {2024- none). 21 Outstanding Guarantees Given by the Charity Th¢r¢ w¢r¢ no guarant¢¢s given by th¢ charity during thc ycar. 22 Outstanding Debt Th¢r¢ 15 no outstanding dcbt at th¢ cnd of th¢ ycar which is 5ubj¢d to a ¢ha]E¢ Qll th¢ Charity's ass¢t5. -20-