Charity registration number 1203771
COMMUNITY WELFARE SERVICES
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2025
COMMUNITY WELFARE SERVICES
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
M A Daskal C Gottesman Y M Holtzer
Charity number 1203771
Independent examiner
CHS Accountants Limited Lower Ground Floor, 13 High Road London, N15 6LT
COMMUNITY WELFARE SERVICES
CONTENTS
| Page | |
|---|---|
| Trustees' report | 1 - 2 |
| Statement of trustees' responsibilities | 3 |
| Independent examiner's report | 4 |
| Statement of financial activities | 5 |
| Statement of financial position | 6 |
| Notes to the financial statements | 7 - 13 |
COMMUNITY WELFARE SERVICES
TRUSTEES' REPORT
FOR THE YEAR ENDED 30 JUNE 2025
The trustees present their annual report and financial statements for the year ended 30 June 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's Foundation Constitution, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019).
Objectives and activities
The charity's objectives as set out in its governing document are to advance such charitable purposes (according to the law of England and Wales) as the Trustees see fit from time to time in particular but not limited to the relief of those in need, by reason of youth, age, ill-health, disability, financial hardship or other disadvantage, the prevention and relief of poverty and the advancement of health and saving lives.
The charity employs its funds and resources for relief of those in need, the prevention and relief of poverty and the advancement of health and saving lives.
Public benefit
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Grant making policy
The charity makes grants in the relief of those in need, the prevention and relief of poverty and the advancement of health and saving lives.
In making these grants the trustees use their personal knowledge and experience of the community they serve. The trustees monitor the application of funds by regular formal and informal correspondence.
Achievements and performance
Significant activities and achievements against objectives
During the year the charity spent £141,600 on food and clothing provision for poor people. Donations received in the year totalled £178,722.
Financial review
The financial results for the year to 30 June 2025 are fully reflected in the attached Financial Statements and the Notes thereon.
As at 30 June 2025 the charity had Total Funds of £11,062; a deficit in Unrestricted Funds of £3,938 and Restricted Funds of £15,000. The deficit of Unrestricted Funds is mainly carried forward from last year (the charity's first year) and is expected to be reversed in the coming year through further donations.
Reserves policy
The charity's policy is to maintain Unrestricted funds at a level which the trustees deem appropriate after considering future commitments and the likely costs for the next year.
Structure, governance and management
The charity is a Charitable Incorporated Organisation (CIO), registered with the Charity Commission and governed by its constitution dated 27 June 2023.
The trustees who served during the year and up to the date of signature of the financial statements were: M A Daskal C Gottesman Y M Holtzer
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COMMUNITY WELFARE SERVICES
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
Recruitment and appointment of trustees
New trustees are appointed based on personal competence, specialist skill, knowledge and availablility.
None of the trustees have any beneficial interest in the charity.
The trustees' report was approved by the Board of Trustees.
M A Daskal
Trustee
18 February 2026
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COMMUNITY WELFARE SERVICES
STATEMENT OF TRUSTEES' RESPONSIBILITIES
FOR THE YEAR ENDED 30 JUNE 2025
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
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COMMUNITY WELFARE SERVICES
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF COMMUNITY WELFARE SERVICES
I report to the trustees on my examination of the financial statements of Community Welfare Services (the charity) for the year ended 30 June 2025.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I 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 effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the 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 concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Pini Shebson ACA
CHS Accountants Limited Lower Ground Floor, 13 High Road London, N15 6LT
Dated: 18 February 2026
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COMMUNITY WELFARE SERVICES
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 JUNE 2025
| Unrestricted Restricted funds funds 2025 2025 Notes £ £ Income from: Donations and legacies 3 153,972 24,750 Total income 153,972 24,750 Expenditure on: Raising funds 4 20,433 - Charitable activities 5 134,983 9,750 Total expenditure 155,416 9,750 Net income/(expenditure) and movement in funds (1,444) 15,000 Reconciliation of funds: Fund balances at 1 July 2024 (2,494) - Fund balances at 30 June 2025 (3,938) 15,000 |
Total Unrestricted Restricted funds funds 2025 2024 2024 £ £ £ 178,722 19,055 20,000 178,722 19,055 20,000 20,433 8,127 - 144,733 13,422 20,000 165,166 21,549 20,000 13,556 (2,494) - (2,494) - - 11,062 (2,494) - |
Total 2024 £ 39,055 39,055 8,127 33,422 41,549 (2,494) - (2,494) |
|---|---|---|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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COMMUNITY WELFARE SERVICES
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2025
| Notes Current assets Trade and other receivables 11 Cash at bank and in hand Current liabilities 12 Net current assets/(liabilities) The funds of the charity Restricted income funds 14 Unrestricted funds 15 |
2025 £ 12,000 4,118 16,118 (5,056) |
£ 11,062 15,000 (3,938) 11,062 |
2024 £ - 1,351 1,351 (3,845) |
£ (2,494) - (2,494) (2,494) |
|---|---|---|---|---|
The financial statements were approved by the trustees on 18 February 2026
M A Daskal Trustee
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
Charity information
Community Welfare Services is a registered charity governed by its Foundation Constitution.
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's CIO - Foundation Constitution, 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 Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which 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 convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted 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 or grantors 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 Income
Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral 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.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
(Continued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation 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 measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.7 Financial instruments
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other 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 of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include trade and other receivables and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the 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 amortised.
Basic financial liabilities
Basic financial liabilities, including trade and other payables and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
1 Accounting policies
(Continued)
1.8 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, 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 sources. 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 estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3 Income from donations and legacies
| Unrestricted | Restricted | Total | Unrestricted | Restricted | Total | |
|---|---|---|---|---|---|---|
| funds | funds | funds | funds | |||
| 2025 | 2025 | 2025 | 2024 | 2024 | 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Donations and gifts | 153,972 | 24,750 | 178,722 | 19,055 | 20,000 | 39,055 |
4 Expenditure on raising funds
| Unrestricted | Unrestricted | |
|---|---|---|
| funds | funds | |
| 2025 | 2024 | |
| £ | £ | |
| Fundraising and publicity | ||
| Other fundraising costs | 6,998 | - |
| Staff costs | 13,435 | 8,127 |
| 20,433 | 8,127 |
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
5 Expenditure on charitable activities
| Total Funds | Total Funds | ||
|---|---|---|---|
| 2025 | 2024 | ||
| £ | £ | ||
| Direct costs | |||
| Food Coupon | 60,199 | 26,000 | |
| Clothing Drive | 23,000 | - | |
| Baby Bundle | 37,900 | - | |
| ElderEats | 20,500 | - | |
| 141,599 | 26,000 | ||
| Share of support and governance costs (see note 6) | |||
| Support | 290 | 162 | |
| Governance | 2,844 | 7,260 | |
| 144,733 | 33,422 | ||
| Analysis by fund | |||
| Unrestricted funds | 134,983 | 13,422 | |
| Restricted funds | 9,750 | 20,000 | |
| 144,733 | 33,422 | ||
| 6 | Support costs allocated to activities | ||
| 2025 | 2024 | ||
| £ | £ | ||
| General administrative expenses | 245 | 162 | |
| Bank charges | 45 | - | |
| Governance costs | 2,844 | 7,260 | |
| 3,134 | 7,422 | ||
| Analysed between: | |||
| Charitable activities | 3,134 | 7,422 | |
| 2025 | 2024 | ||
| Governance costs comprise: | £ | £ | |
| Independent examiner fees | 1,800 | 1,800 | |
| Legal and professional | 1,044 | 5,460 | |
| 2,844 | 7,260 |
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
| 7 | Net movement in funds | 2025 | 2024 |
|---|---|---|---|
| £ | £ | ||
| The net movement in funds is stated after charging/(crediting): | |||
| Fees payable for the independent examination of the charity's financial | |||
| statements | 1,800 | 1,800 |
8 Trustees
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
9 Employees
The average monthly number of employees during the year was:
| 2025 | 2024 | |
|---|---|---|
| Number | Number | |
| 2 | 2 | |
| Employment costs | 2025 | 2024 |
| £ | £ | |
| Wages and salaries | 13,435 | 8,127 |
There were no employees whose annual remuneration was more than £60,000.
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
11 Trade and other receivables
| 11 Trade and other receivables |
||
|---|---|---|
| Amounts falling due within one year: Other receivables 12 Current liabilities Notes Deferred income 13 Accruals |
2025 £ 12,000 2025 £ 1,668 3,388 5,056 |
2024 £ - |
| 2024 £ - 3,845 |
||
| 3,845 |
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2025
13 Deferred income
| Deferred income | ||
|---|---|---|
| Other deferred income Deferred income is included in the financial statements as follows: Deferred income is included within: Current liabilities |
2025 £ 1,668 2025 £ 1,668 |
2024 £ - |
| 2024 £ - |
14 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
| At 1 July 2024 Incoming resources Resources expended At £ £ £ - 24,750 (9,750) Previous year: At 1 July 2023 Incoming resources Resources expended At £ £ £ - 20,000 (20,000) |
30 June 2025 £ 15,000 |
|---|---|
| 30 June 2024 £ - |
15 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
| At 1 July 2024 Incoming resources Resources expended At £ £ £ General funds (2,494) 153,972 (155,416) Previous year: At 1 July 2023 Incoming resources Resources expended At £ £ £ General funds - 19,055 (21,549) |
30 June 2025 £ (3,938) |
|---|---|
| 30 June 2024 £ (2,494) |
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COMMUNITY WELFARE SERVICES
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2025
16 Analysis of net assets between funds
| Unrestricted Restricted funds funds 2025 2025 £ £ At 30 June 2025: Current assets/(liabilities) (3,938) 15,000 (3,938) 15,000 Unrestricted Restricted funds funds 2024 2024 £ £ At 30 June 2024: Current assets/(liabilities) (2,494) - (2,494) - |
Total 2025 £ 11,062 11,062 Total 2024 £ (2,494) (2,494) |
|---|---|
17 Related party transactions
There were no disclosable related party transactions during the year (2024 - none).
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