CHARITY NO: 1205847 STREET TEA CIO AP4fwAL REPORT AND ACCOUliTS FOR THE PERIOD ENDED 301k Ni OVEIIBER 2D25 CONTEs Pages Ch•rity illformatlon Annual Teport Receipts & payments account St#tement of assets & liabilities Notes to the finanelal st*tements Report Df the independent ex8Jniner
STREET TEA CIO CHARrrY tNFOIUlfATiofi RegS$ter¢d eharlty no: 1205847 Date of registratioD: 22 November 2023 Governlllg Instrwnellt: 22 Novenlber 2023 Trllstees: J BridgtDa N Wotton K Wotton CorrespoDdence address: 3 Cranbourne Gardens Ilford Essex IG6 IQF IndepeDdeDt examiner: S.G. th Fredericks Limited Chartered Accountants 106 Charter Avenue Ilford, Essex IG2 7AD Bankers: Page I
STREET TEA CIO TRUSTEES REPORT FOR THE PERIOD ENDED 30- NOVEMBER 2025 The twstees Sub11 their aDDual reFK)rt and the accounts for the wiod ended 30th Novembo. 2025. GoverniDg document The charity is operdted under the rules of its constitution dat¢d 22 November 2023 and achieved chitable sraws on 22 November 2023. The clwity is registered at tbe charities c¢)rnmission as a Charitable Incorporated Organisaiion. Overall management of the chan.ty is the respoJ]sibility of th¢ t[Ste¢S. Day to day project activity is managed by the TnLstres. About the charity The objecrs of the CIO are &$ follows'.- The preien¢ion or relief of po&"erty ill Sri Lallka. India. Phitippilles and Brazil by providing granrs to tndividuals in need anOr chariiies.or other organisaiions wod(irtg io prel'eni or telieve poi'ertv. To advance ihe education of pupils at Lily's Pre-school, Sri tank4 by providing and &&sisting in th¢ provision of fa¢iliti¢s through grant fundin. for educatioll at the school. Aetivities and financial perform3n¢e during the vear The financial performance of the chariry for the financial year endin(p in November ?0?5 is iti Ilne with the trustees. e.xpecthrions and strate(TV. Excluding Charitable ctsnttibulions and exceptional items Streei tnade a Det profit for the ptriod of £9,191 (2024- £11.359). The main source of revenue forthe charity ¢Olltttiues io be the ttkiY weekend Backyard Market. in Brick Lane where the charity sells its loose leaf tea pr(xlu¢ts and accessories. Matket sales Tnake up 80°/o of all sales (2024 = 86Q/o) with Online Sales= 80/y and Cafe Sales= 7/ (?0?4= Online 4 /r & Cafes 4/.). Average daily sales fro the market were aroulld £460 per day for this period which is ]nawnally do1 the N0vebe1 2024 accounts figure of £520 per day. This reductio 1$ due w mismaich in fll)ancMI pen(yJs berween the 2024 Accounts {Part year Apr-Nov) and 2025 Accounts (Full year Dec-Nov}. Costs main relatively stable and tbe tnL5tecs will Continue w monitor th¢se clos¢ly to muimise availabl¢ fi$. The Charity in line with tts ongoing strategy have maintainoj a Cash at Bank and in Hand balance of just 0£1 1.000 and haN'ing thi8 headroL>m provides the ChaJity 7th necessary comfort to continue in the short terni to finance its filndmg ommitments in limes of any adverse financial conditions. Street Tea pleased io be able during 2025 to begiti the fimding of Lily's Pte-school la prime charitable project for the ¢hariryl and also begin funding the Clu"Id in Need tndia SukTa Trd Plall(ation Education Centre. The trustees without ¢ommitmettt illtend to contiELue to fund these projects where p)&sible over tbe corning years. During this period the total Charitable Donations iticrEa5ed by around £8.IM)O from 2024. This incrG15e I.5 due to not being able to fance Lily's Pre- School earlier in 2024 and the trustee5 limitill8 donations during the rst year's tradiug to buÈld up a cash reserves. ExeeptiODal itents in 2025 were as follows.. li) £500 tncojne for allothg tbe llket stall to be used iti fi]rnillg (Family Plall 21 lil) Purchase of Silver Bond Marathon Places for £9fAI liiil Purchase of nwathon nU1llg kn"t for £743 Trustee5 expect that the donations raised in fijndraising for the next few years for ttvo nmneTS to participate in the London Marathon will cover the costs of Ilen lil) and lili) sufficiently and provule additiollal income for the clwity. Page 2
STREET TEA CIO TRUSTEES REPORT (C0Tr4TINUED) FOR THE PEIUOD ENDED 30TIT NOVEMBER 2025 Pub¢ Benefit In shaping our objeciives for the peri(d the InleeS have considered the Charity Con]mission guidance on public benefit. Risk Statement The chariiy has considered a range of risks io wtrLich li could be exw)sed and the Trnstees regularly review the polici¢s and pttKedures whi¢h aim minimise those ri¢ks. ensurng they are adequate. appropriate and wmplied with fully. The Charity airns to filrtber develop it's activities and becotne more established (bjring the next accoulltill8 period. APPROVED FOR ATriD ON BEHALF OF THE TRUSTEES.. K Wotton to J Bridgmall D4ted: I I 2OL6 P#ge 3
STREET TEA CIO RECEIFfs AIND PAYfwlENTS ACCOUFIT FOR THE YEAR Lf*DED 30TH D401'E.IIBER 2025 Unrestricted Restricted funds fund5 2025 202S Total funds 2025 Total funds 2024 In¢om¢ and expenditure Incoming resources: Trading income Less Trading costs 37.730 (13,460) 37,730 32,645 113,4601 110,6121 Trading profit 24270 24270 22,033 BaTJk Interest 91 91 28 Total iDcomillg resources £24.361 £24,361 £22,061 Resources expended: Stall tllre & equiptneDt Travel & subsistellce Print, post & stationary Computer costs Indepetldent examillation costs Charitable Coutributions Fundraising Costs Insurances 8.934 3,120 809 890 480 8.285 1.703 436 8,934 3,120 809 890 480 8,285 1,703 436 6,746 2.380 478 725 258 106 Total resourees expended £24,657 £24,657 £10,702 Net (outgoingllin¢oming resourtts for the period (2961 (296) 11,359 Funds broughi forward 11.359 11.359 Funds ¢arri¢d fornvard £11.063 £11.063 £11,359 The notes on page 5 forn) part of these ounts Page 4
STREET TEA CIO BALATriCE SHEET AT 30.NOVE,IIB£R 2025 30 Nov¢mb¢r 20¥ 30 November 2024 Notes Fixed assets Tangible FLxed ass¢ts Current assets Debtors C&sh at bank and in hand 460 10,603 12,380 11.063 12.380 Less: Current knabtiiries {1.021} Net current a55ets £ll.063 £11.359 Represellted by.. Restricted fund5 Lnre5tricted futhd$ 11,063 IlJ59 Total fullds £11.063 £llJ59 No guaralltees have been given by tbe CIO No Gharg¢s havc been crrated by the CIO APPROVED FOR Opi BEIIALF OF THE TRLSTEES: K. Wotton The llo on page 5 form part of these aCCllts Page 5
STREET TEA CIO NOTES TO TIIE FINANCIAL ST.,ITEIIENTS FOR THE YEAR ENDED 30 NOTrEIIBER2025 Accounting polieles Accounting eonvention The fanciaL $tate]nents have been prepared under the historical cost conventioll. b) DonatiOll% and investment ineome Donaiions and itiN'estsnent incotne are acled for received. Grant$ reeelvable Grants receivable are accounted lor over the life of the related projttt and matched against the expenditure appli¢able. Value added t Costs are in¢lusive of irrecoyerdble inpui value added . Fixed 4ssets Fixcd assets are charged to tbe receipts and payrncllts account in the year of acquisition. Should signifi¢aTht assers be purcbased in fortbcoming perii)ds the trustees rnay decide to CapilIse 5iguifieanr capital exwjditure. Futtds Restricted Fund UDrestrieted Fund Total Funds Balance brought fonvard 11.359 11,359 Net outgoiDg resources {296) {2961 Balance at 30 November 2025 £11.063 £11,063 Page 6
INDEPELYDENT EXthII.NER'S REPORT TO THE TRUSTEES OF STREET TEA CIO FOR THE YEAJi ENDED 30 fiOVEMBER 2025 I report to the trustees on my examIli¢)n of the accounts of Srreei Tea CIO (the Trust) for the year ended 30 November Respon5ibilÈties 3nd basis ofreport As the charity mslees of tlLe TrnsL you are responsible for the prepara¢ion of the accounts in accordance with tbe requirements of tbe Cljarities Act 2011 I'the Act'l. I report iEi respect of tny exaluination of the Trust's aecounts Carried out Wlder section 145 of the 2011 Aci and i carrying out my examination I have followed all the appticable Diwuons gi¢ by the Chariry Coromission under section 145(5)(b) of the ACL llldependellt eer s ststetllent I have completed rny exatnination. I confitm that no terial tllatters bav¢ ¢orne to my attention in connection with the examinatLOII 8Lvin8 me cause to believe thai in any tllaterial respect: l. Accountius records were not kept I rE5pect of the Trust as required by section 130 of the Acl or 2. The accounts do not accord witb t15¢ records. 3. The accounts do llot comply the applicable requiretllents concerning tbe fontt and content of accounts set out in the Charities {Accounts and Reports) Regulations 2008 other than ally requirement tbat the accounts give a 'tru¢ arld fatr view, whicb is noi a matter considered as part of an independeni examinatioll. I bave llo concerns and have come xross no other Jnaiiers in COT]ne¢uon witb the examination to which attention should be drawn in report in order to enable a proper understsnthng of the accounts to be reached. S G Duker FCA Fredericks Limited Chartered A¢countants 106 Charter Avenue Ilford, Essex IG2 7AD Page 7