Company registration number: 12867298 Charity registration number: 1207578 ## **HARINGEY CIRCLE TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** Accentor Associates Limited Chartered Accountants 639 Green Lanes London N8 0RE ## **Haringey Circle Contents** ||**Page**| |---|---| |Trustees' Report|1—4| |Independent Examiner's Report|5| |Statement of Financial Activities (including Income and Expenditure Account)|6| |Comparative Statement of Financial Activities (including Income and Expenditure Account)|7| |Balance Sheet|8| |Notes to the Financial Statements|9—14| ## **Haringey Circle Company No. 12867298 Trustees' Report For The Year Ended 31 March 2026** The trustees present their report and the financial statements for the year ended 31 March 2026. ## **Objectives and Activities** ## **Aims and Objectives** The Charity's Object is to promote social inclusion for the public benefit by working with people over the age of 50/or disabled people in the Area of Benefit who are socially excluded by combatting loneliness and social isolation arising as a result of their age, infirmity, ill-health, disability or social circumstance, in particular but not exclusively by the provision of: ## 1.1 social and recreational facilities and events. ## 1.2 advice, support and information which is capable of reducing their social isolation. For the purpose of this clause ‘socially excluded' means being excluded from society, or parts of society, as a result of one or more of the following factors: unemployment, financial hardship, youth or old age; and ill health (physical or mental). Haringey Circle was registered as a charity on 22nd March 2024 having previously been a Community Interest Company since September 2020. This is Circle's second Annual Report and Accounts in accordance with the Charities Statement of Operational Practice. The transition from CIC to a Charity has involved the development of a new business model based on free membership and a greater dependency on income from grants, sponsorship and donations. The organisation has continued to develop this business model with some success in securing grant funding of £46k, £20k of which was Unrestricted, and a Crowdfunding / Christmas appeal in December /January for coach trips in the summer of 2026 raised £1,300. Our total income in 2025/26 was £52,240, an increase of £25,938 over budget and a significant increase over income of £30,874 in 2024/25. The start of the year 2025/26 was financially challenging, involving reductions in staffing hours and the termination of the Manager’s contract in May. Our Administrative Assistant was redesignated Communications and Administration Manager in June on a 25 hour/week contract. The decision to work remotely to reduce overheads since February 2025 has continued as the members’ social activities and events are delivered in community facilities across Haringey and outside in parks and local nature reserves. We have secured several regular venues which are free or low cost and offer space for our weekly team meetings. In response to our Member Survey in February 2026, we have moved from a monthly Newsletter to a weekly communication to members listing the activities in the forthcoming week and requesting expressions of interest in new activities. Our original Website was built on a Drupal platform which was very expensive to maintain and was no longer supported. In line with our intergenerational work, we commissioned a local University student to transition the Website to a Wordpress platform, saving over £1,200 in annual support costs and £8k in developer’s fees. The new Website includes a calendar of activities which is updated on a weekly basis. Over the year our membership numbers have grown by 276 (53%) from 515 to 791 with over 50% of new members coming from N15, N17 and N22, postcodes that score relatively high on the index of deprivation. During the year we facilitated 499 social activities and events attended by 4,400 participants. We have expanded the range of activities on offer, many requested by members, and often oversubscribed. Line Dancing, both beginners and intermediate, has continued to prove popular and the art and ceramics classes have continued to be in demand. We successfully trialed an introduction to golf at the local golf club and this will be repeated in the summer of 2026. Sunday walks frequently attracted 20+ participants and our monthly dining circle experiencing different cuisines and the Thursday coffee morning drop-in continued to be popular. Christmas / New Year and Bank Holidays can be a lonely time for many people and this year our drop-in at a local café was open on Christmas and Boxing Day and we have lunches at a local pub, attended by c.20 members on Bank Holidays. We continued into the second year of our successful partnership with Disability Action Haringey delivering the ADOBE funded contract, facilitating social activities for those with a disability. The contract ends in September 2026, and we will be hoping to continue the partnership supported by new funding streams. We have established a successful partnership with the Art House Cinema in Crouch End where the Circle Cinema Club of 50+ members have a discounted £4 entrance fee and 10% off food and drink. A “Creative Days” partnership with Collage Arts in Wood Green provides members with Drama sessions, art and printing classes and Dance and Movement. We are committed to listening to our members, developing new opportunities and evaluating the impact of our interventions in reducing social isolation and loneliness. Measuring the impact of the Circle interventions is not straightforward but we made a start at the end of 2024/25 by using the nationally recognised UCLA Loneliness Scale to survey our members. The objective was to establish a baseline against which the Circle intervention could be evaluated. The Survey continued into the first few months of 2025/26, and the final Report is included on our website and indicates that 50% of respondents are classed as “lonely” and 15-20% “very lonely”. Members with a disability reported a significantly higher incidence of loneliness. ...CONTINUED Page 1 ## **Haringey Circle Trustees' Report (continued) For The Year Ended 31 March 2026** ## **Aims and Objectives - continued** We undertook a Members Survey (N=182) in February with a view to gaining feedback from members on the Circle “offer” and, understanding why some members have not engaged in any activities or social events. The responses from members who engaged in activities (N=140) were overwhelmingly positive with 62% very satisfied and 32% satisfied with the activities on offer. Some comments from the Survey were: - ‘I’ve had a really positive experience with Haringey circle. It feels welcoming, supportive and genuinely community focused. I’m grateful to be part of such a kind and uplifting environment’ - ‘I found the sessions very welcoming’ - ‘Haringey circle is doing wonderful work to bring older people together and offering really lovely activities and opportunities. Thank you.’ Those members who had not engaged in any activities (N=42) gave reasons for not doing so, including mobility transport issues and wanting more local activities. Reflecting on the number of members who we have not engaged in any activities has challenged our perception of how successful we have been in meeting our charitable objects. The members who have not engaged may be the most socially isolated and lonely and we need to prioritise communications with them and develop a more interventionist “stewardship” role. Our recent grant funding bids have highlighted the need to communicate with those members who have proved harder to reach and identified targeted resources to make this possible. Circle's Board of eight Trustees brings a range of expertise and local knowledge and are representative of the membership, all being age 60+ and two with disabilities. Anne Gray is also a board member of the Haringey Over 50s, and Andrew Carpenter is on the board of Disability Action Haringey. Trustees are appointed by the Board and have had regard to the guidance issued by the Charity Commission on public benefit. Board members have had an introduction to Finance and Management Accounts to enable them to better understand the financial monitoring reports presented at their monthly meetings. The Trustees receive regular, bi-monthly financial reports and cashflow projections to ensure that Circle's costs and income are under continual review. Our newly refreshed Members Reference Group has met on four occasions and provided useful feedback on the existing programme and future developments. Although the Annual Report looks back on the year, we are also looking forward to the year ahead with the opportunities and challenges this will bring. At the turn of the year, we have secured an Awards for All grant of £12.5k which will support our continuing activity over the next twelve months. Working with the Social Media students at the local College we have produced a series of videos capturing the experiences of our members and stakeholders which will be uploaded onto a Haringey Circle YouTube channel. ## **Public Benefit** The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)'. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. ## **Additional Note** ## **Financial Review** ## **Financial Position** The results of the year and financial position of the Company are shown in the accompanying Financial Statements. The Statement of Financial Activities shows a net surplus for the year of £8,419 (net deficit of £1,673 in 2024/25). Total unrestricted incoming resources were £22,661 (£6,999 in 2024/25) and total restricted incoming resources were £29,579 (£23,875 in 2024-25). Total resources expended from unrestricted funds were £24,857 (£20,713 in 2024/25) and total resources expended from restricted funds were £17,291 (£20,524 in 2024/25) ## **Reserves Policy** Haringey Circle aims to maintain unrestricted free reserves equivalent to 3 months’ running costs. Due to the recent inception of the Charity, unrestricted funding has been slow and as a result has a small unrestricted free reserve surplus of £4k and has therefore not met its unrestricted free reserves policy. Page 2 ## **Haringey Circle Trustees' Report (continued) For The Year Ended 31 March 2026** ## **Going Concern** We have been successful in obtaining unrestricted funding in 25/26 and working towards meeting the 3 months of running costs ## **Structure, Governance and Management** ## **Governing Document** ## **Reference and Administrative Details** ## **Trustees** Ms Sharon Grant OBE (Chair) - Director and Trustee Mr Patrick Edwards - Director and Trustee (resigned 14/04/2026) Ms Helena Kania - Director and Trustee Ms Roberta Sturgeon - Director and Trustee Mr Andrew Carpenter - Director and Trustee Ms Anne Gray (resigned 14/04/2026) Mr Michael Wilson - Director and Trustee Ms Catherine Abrey - Director and Trustee (appointed 15/05/2026) Ms Deborah King - Director and Trustee (appointed 27/04/2026) Ms Michelle Rudolfo - Director and Trustee (appointed 05/08/2025) ## **Charity Number** 1207578 ## **Company Number** 12867298 ## **Independent Examiner** Mahmood Ahson FCA, Ph.D Accentor Associates Limited Chartered Accountants 639 Green Lanes London N8 0RE Page 3 ## **Haringey Circle Trustees' Report (continued) For The Year Ended 31 March 2026** ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees' report was approved by the board of trustees and signed on its behalf by: Ms Sharon Grant OBE (Chair) Trustee 23/06/2026 Page 4 ## **Haringey Circle Independent Examiner's Report to the Trustees of Haringey Circle For The Year Ended 31 March 2026** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026. ## **Responsibilities and Basis of Report** As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent Examiner's Statement** 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 accounts to be reached. Mahmood Ahson FCA, Ph.D 23/06/2025 Accentor Associates Limited Chartered Accountants 639 Green Lanes London N8 0RE Page 5 ## **Haringey Circle Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2026** |**Note**
**Income from:**
Donations & Grants
**3**
Charitable Activities
**4**
**Total income**
**Expenditure on:**
Fundraising
Charitable activities
**Total expenditure**
**5**
**Net income / (expenditure) for the**
**year**
**Fund transfers**|**Unrestricted**
**£**
2,661
20,000|**Restricted**
**£**
1,450
28,129
**29,579**
-
17,291
**17,291**
**12,288**
-|**2026**
,2025
**£**
£
**4,111**
4,999
**48,129**
25,875
**52,240**
30,874
**6,250**
-
**35,898**
41,237
**42,148**
41,237
**10,092**
(10,363)
**-**
-| |---|---|---|---| ||**22,661**
6,250
18,607||| ||**24,857**
**(2,196)**
-||| |**Net movement in funds**
**Reconciliation of funds:**
**14**
Total funds brought forward
**Total funds carried forward**|**(2,196)**
(5,014)
-
**(7,210)**|**12,288**
3,341
-
**15,629**|**10,092**
(10,363)
**(1,673)**
8,690
**-**
-
**8,419**
(1,673)| All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The notes on pages 9 to 14 form part of these financial statements. Page 6 **2.** ## **Haringey Circle Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2026** **----- Start of picture text -----**
2. Detailed comparatives for the statement of financial activities
Unrestricted Restricted ,2025
£ £ £
Income from:
Donations & Grants 4,999 - 4,999
Charitable Activities 2,000 23,875 25,875
Total income 6,999 23,875 30,874
Expenditure on:
- - -
Fundraising
Charitable activities 20,713 20,524 41,237
Total expenditure 20,713 20,524 41,237
Net income / (expenditure) for the year (13,714) 3,351 (10,363)
Transfers between funds - - -
Net movement in funds (13,714) 3,351 (10,363)
Reconciliation of funds:
- - -
Total funds brought forward
Total funds carried forward (13,714) 3,351 (10,363)
**----- End of picture text -----**
The notes on pages 9 to 14 form part of these financial statements. Page 7 ## **Haringey Circle Balance Sheet As At 31 March 2026** |**Note**
**Current assets:**
Debtors
**10**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**11**|**-**
**1,360**
**28,014**|**2026**
2025
**£**
£
-
811
12,334
13,145
(3,374)| |---|---|---| ||**29,374**
**(9,511)**|| |||| |**NET CURRENT ASSETS**||**19,863**
**9,771**| |||| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**19,863**
19,542| |**Creditors: Amounts Falling Due**
**After More Than One Year**
**11**
**Net assets**
**12**
**Funds**
Unrestricted Funds
Restricted Funds
**Total funds**
**14**||**(11,444)**
(11,444)
**8,419**
8,098
**(7,210)**
**(13,714)**
**15,629**
3,351
**8,419**
**(10,363)**| The financial statements have been prepared in accordance with the special provisions for small companies of the Companies Act 2006. Approved by the Trustees Board on 2026 and signed on its behalf by: …………………………….. ## **Chair to the Board** For the year ending 31 March 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Ms Sharon Grant OBE (Chair) Trustee 23/06/2026 Page 8 ## **Haringey Circle Notes to the Financial Statements For The Year Ended 31 March 2026** ## **1. General Information** Haringey Circle is a company limited by guarantee, incorporated in England & Wales, registered number 12867298 and registered charity number 1207578 . The registered office is . ## **2. Accounting Policies** ## **2.1. Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. ## **2.2. Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. |**3.**|**Income from donations**|**Income from donations**|| |---|---|---|---| |**Unrestricted**
**Restricted**
**£**
**£**
Donations
2,662
1,450
-
.
2,662
1,450|||**2026**
2025
**Total**
Total
**£**
£
**4,112**
4,999
**-**
-| |||2,662
1,450|**4,112**
4,999| ||||| |**4.**|**Income from charitable activities**||| |**Unrestricted**
**Restricted**
**£**
**£**
Grants
20,000
28,129
**Total**
20,000
28,129|||**2026**
2025
**Total**
Total
**£**
£
**48,129**
25,875
**48,129**
25,875| Page 9 ## **Haringey Circle Notes to the Financial Statements (continued) For The Year Ended 31 March 2026** ## **5. Analysis of expenditure 2026** |**Basis of**
**allocation**
Staff costs
Direct
Direct costs
Direct|**Cost of**
**raising**
**funds**
**£**
-
6,250|**Charitable**
**activities**
**£**
11,009
6,282|**Support**
**costs**
**Governance**
**Costs**
**£**
8,790
-
8,231
1,586|**2026**
2025
**£**
£
**19,799**
24,815
**22,349**
16,422| |---|---|---|---|---| ||**6,250**|**17,291**|**17,021**
**1,586**|42,148
41,237| |||||| |Support costs allocation|(6,250)|24,857|(17,021)
(1,586)|**-**
-| |**Total expenditure 2024**|**-**|**42,148**|**-**
**-**|**42,148**
41,237| Of the total expenditure, £24,857 was unrestricted (2025: £20,713) and £17,291 was restricted (2025 £20,524) |**Analysis of expenditure 2025**|||| |---|---|---|---| |**Basis of**
**allocation**|**Cost of**
**raising**
**funds**|**Charitable**
**activities**|**Support**
**costs**
**Governance**
**Costs**
**2025**| |Staff costs
Direct
Direct costs
Direct|**£**
-
-|**£**
19,874
650|**£**
**£**
4,941
-
**24,815**
14,422
1,350
**16,422**| ||**-**|**20,524**|**19,363**
**1,350**
**41,237**| |Support costs allocation
**Total expenditure 2025**|-
**-**|20,713|(19,363)
(1,350)
**-**
**-**
**-**
**41,237**| |||**41,237**|| ||||| Page 10 ## **Haringey Circle Notes to the Financial Statements (continued) For The Year Ended 31 March 2026** ## **6. Net income/(expenditure) for the year** This is stated after charging: |**Net income/(expenditure) for the year**
This is stated after charging:|| |---|---| |Depreciation|**2026**
2025
**£**
£
**0**
0| |Independent examination fee|**1,586**
1,350| ## **7. Taxation** The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. - **Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** - **8.** |Salaries and wages
Social security costs
Pension costs|**2026**
2025
**£**
£
**17,739**
23,705
**2,061**
1,066
**222**
44
**20,022**
24,816| |---|---| No employee received remuneration in excess of £60,000 in the year (2025: nil). The total employee benefits including pension contributions of the key management personnel were £20,022 (2025: £24,816) The charity trustees were not paid or received any other benefits from employment with the Charity in the year (2025: £nil) neither were they reimbursed expenses during the year (20235£nil). No charity trustee received payment for professional or other services supplied to the charity (2025: £nil). The average number of employees (head count based on number of staff employed) during the year was as follows: ||**2026**
2025
**No.**
No.| |---|---| |Average Number of Staff Employed|**1**
2| ||**1**
2| Page 11 **----- Start of picture text -----**
10. Debtors
2026 2025
£ £
-
Trade Debtors net of bad debt provision 1,297
Prepayments & Accrued Income 63 661
1,360 661
11. Creditors: amounts falling due within one year
2026 2025
£ £
Trade Creditors 2,277 296
Taxation and Social Security 1,633 312
Accruals and Deferred Income 5,524 2,731
Other Creditors 77 34
9,511 3,373
11. Creditors: amounts falling due after one year
2026 2025
£ £
Other Creditors 11,444 11,444
11,444 11,444
**----- End of picture text -----**
**12. Analysis of net assets between funds - 2026** |Tangible fixed assets
Net Current Assets (Liabilities)
Long Term Liabilities
**Analysis of net assets between funds - 2025**
Tangible fixed assets|**Restricted**
**funds**
**£**
-
15,629
-
15,629
Restricted
funds
£
-|**General**
**funds**
**Total**
**funds**
**£**
**£**
-
**-**
4,234
**19,863**
(11,444)
**(11,444)**
(7,210)
**8,419**
General
fund
Total
funds
£
£
-
-| |---|---|---| |Net Current Assets (Liabilities)|3,351|(5,621)
(2,270)| |Long Term Liabilities|-|(11,444)
(11,444)
(17,065)
(13,714)| |||| ||3,351|| |**13. Pension scheme**||| The pension scheme in operation is compliant for auto enrolment purposes and all staff eligible are registered. Pension contributions owed as at 31.03.26 £77(2025: £0). ## **14. Movement in funds 2026** |**14. **|**Movement in funds 2026**|||| |---|---|---|---|---| ||Restricted Funds:|**At 1 April**
**2025**
**£**|**Incoming**
**resources**
**£**|**Outgoing Transfer**
**Asset**
**At 31**
**March**
**resources**
**Transfers**
**2026**
**£**
**£**
**£**| ||Awards for All|-
-
784
-
2,557|12,500
1,450
13,962
1,667
-|-
-
-
**12,500**
(26)
-
-
**1,424**
(14,248)
-
-
**498**
(460)
-
-
**1,207**
(2,557)
-
-
**-**| ||Donations|||| ||DisabilityAction Haringey|||| ||HaringeyGiving|||| ||National Lottery|||| ||**Total restricted funds**
Unrestricted Funds:
General fund
**Total unrestricted funds**
**Total Funds**|**3,341**
(5,014)
**(5,014)**
**(1,673)**|**29,579**
22,662
**22,662**
**52,240**|**(17,291)**
**-**
**-**
**15,629**
(24,857)
-
-
**(7,210)**
**(24,857)**
**-**
**-**
**(7,210)**
**(42,148)**
**-**
**-**
**8,419**| ## **14. Movement in funds continued** ## **Movement in funds 2025** |**Movement in funds 2025**|| |---|---| |Restricted Funds:|**At 1 April**
**Incoming**
**Outgoing Transfer**
**Asset**
**At 31**
**March**
**2024**
**resources**
**resources**
**Transfers**
**2025**
**£**
**£**
**£**
**£**
**£**| |DisabilityAction Haringey|-
4,875
(4,091)
-
-
**784**
-
19,000
(16,443)
-
**2,557**| |National Lottery|| |**Total restricted funds**
Unrestricted Funds:
General fund
**Total unrestricted funds**
**Total Funds**|**-**
**23,875**
**(20,534)**
**-**
**-**
**3,341**
8,690
6,999
(20,703)
-
-
**(5,014)**
**8,690**
**6,999**
**(20,703)**
**-**
**-**
**(5,014)**
-
**8,690**
**30,874**
**(41,237)**
**-**
**-**
**(1,673)**| **15 Related party transactions** ## **15 Related party transactions** There were no related party transactions in the financial year. ## **16. Company limited by guarantee** The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1. Company registration number: 12867298 Charity registration number: 1207578 ## **HARINGEY CIRCLE TRUSTEES' REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026** Accentor Associates Limited Chartered Accountants 639 Green Lanes London N8 0RE ## **Haringey Circle Contents** ||**Page**| |---|---| |Trustees' Report|1—4| |Independent Examiner's Report|5| |Statement of Financial Activities (including Income and Expenditure Account)|6| |Comparative Statement of Financial Activities (including Income and Expenditure Account)|7| |Balance Sheet|8| |Notes to the Financial Statements|9—14| ## **Haringey Circle Company No. 12867298 Trustees' Report For The Year Ended 31 March 2026** The trustees present their report and the financial statements for the year ended 31 March 2026. ## **Objectives and Activities** ## **Aims and Objectives** The Charity's Object is to promote social inclusion for the public benefit by working with people over the age of 50/or disabled people in the Area of Benefit who are socially excluded by combatting loneliness and social isolation arising as a result of their age, infirmity, ill-health, disability or social circumstance, in particular but not exclusively by the provision of: ## 1.1 social and recreational facilities and events. ## 1.2 advice, support and information which is capable of reducing their social isolation. For the purpose of this clause ‘socially excluded' means being excluded from society, or parts of society, as a result of one or more of the following factors: unemployment, financial hardship, youth or old age; and ill health (physical or mental). Haringey Circle was registered as a charity on 22nd March 2024 having previously been a Community Interest Company since September 2020. This is Circle's second Annual Report and Accounts in accordance with the Charities Statement of Operational Practice. The transition from CIC to a Charity has involved the development of a new business model based on free membership and a greater dependency on income from grants, sponsorship and donations. The organisation has continued to develop this business model with some success in securing grant funding of £46k, £20k of which was Unrestricted, and a Crowdfunding / Christmas appeal in December /January for coach trips in the summer of 2026 raised £1,300. Our total income in 2025/26 was £52,240, an increase of £25,938 over budget and a significant increase over income of £30,874 in 2024/25. The start of the year 2025/26 was financially challenging, involving reductions in staffing hours and the termination of the Manager’s contract in May. Our Administrative Assistant was redesignated Communications and Administration Manager in June on a 25 hour/week contract. The decision to work remotely to reduce overheads since February 2025 has continued as the members’ social activities and events are delivered in community facilities across Haringey and outside in parks and local nature reserves. We have secured several regular venues which are free or low cost and offer space for our weekly team meetings. In response to our Member Survey in February 2026, we have moved from a monthly Newsletter to a weekly communication to members listing the activities in the forthcoming week and requesting expressions of interest in new activities. Our original Website was built on a Drupal platform which was very expensive to maintain and was no longer supported. In line with our intergenerational work, we commissioned a local University student to transition the Website to a Wordpress platform, saving over £1,200 in annual support costs and £8k in developer’s fees. The new Website includes a calendar of activities which is updated on a weekly basis. Over the year our membership numbers have grown by 276 (53%) from 515 to 791 with over 50% of new members coming from N15, N17 and N22, postcodes that score relatively high on the index of deprivation. During the year we facilitated 499 social activities and events attended by 4,400 participants. We have expanded the range of activities on offer, many requested by members, and often oversubscribed. Line Dancing, both beginners and intermediate, has continued to prove popular and the art and ceramics classes have continued to be in demand. We successfully trialed an introduction to golf at the local golf club and this will be repeated in the summer of 2026. Sunday walks frequently attracted 20+ participants and our monthly dining circle experiencing different cuisines and the Thursday coffee morning drop-in continued to be popular. Christmas / New Year and Bank Holidays can be a lonely time for many people and this year our drop-in at a local café was open on Christmas and Boxing Day and we have lunches at a local pub, attended by c.20 members on Bank Holidays. We continued into the second year of our successful partnership with Disability Action Haringey delivering the ADOBE funded contract, facilitating social activities for those with a disability. The contract ends in September 2026, and we will be hoping to continue the partnership supported by new funding streams. We have established a successful partnership with the Art House Cinema in Crouch End where the Circle Cinema Club of 50+ members have a discounted £4 entrance fee and 10% off food and drink. A “Creative Days” partnership with Collage Arts in Wood Green provides members with Drama sessions, art and printing classes and Dance and Movement. We are committed to listening to our members, developing new opportunities and evaluating the impact of our interventions in reducing social isolation and loneliness. Measuring the impact of the Circle interventions is not straightforward but we made a start at the end of 2024/25 by using the nationally recognised UCLA Loneliness Scale to survey our members. The objective was to establish a baseline against which the Circle intervention could be evaluated. The Survey continued into the first few months of 2025/26, and the final Report is included on our website and indicates that 50% of respondents are classed as “lonely” and 15-20% “very lonely”. Members with a disability reported a significantly higher incidence of loneliness. ...CONTINUED Page 1 ## **Haringey Circle Trustees' Report (continued) For The Year Ended 31 March 2026** ## **Aims and Objectives - continued** We undertook a Members Survey (N=182) in February with a view to gaining feedback from members on the Circle “offer” and, understanding why some members have not engaged in any activities or social events. The responses from members who engaged in activities (N=140) were overwhelmingly positive with 62% very satisfied and 32% satisfied with the activities on offer. Some comments from the Survey were: - ‘I’ve had a really positive experience with Haringey circle. It feels welcoming, supportive and genuinely community focused. I’m grateful to be part of such a kind and uplifting environment’ - ‘I found the sessions very welcoming’ - ‘Haringey circle is doing wonderful work to bring older people together and offering really lovely activities and opportunities. Thank you.’ Those members who had not engaged in any activities (N=42) gave reasons for not doing so, including mobility transport issues and wanting more local activities. Reflecting on the number of members who we have not engaged in any activities has challenged our perception of how successful we have been in meeting our charitable objects. The members who have not engaged may be the most socially isolated and lonely and we need to prioritise communications with them and develop a more interventionist “stewardship” role. Our recent grant funding bids have highlighted the need to communicate with those members who have proved harder to reach and identified targeted resources to make this possible. Circle's Board of eight Trustees brings a range of expertise and local knowledge and are representative of the membership, all being age 60+ and two with disabilities. Anne Gray is also a board member of the Haringey Over 50s, and Andrew Carpenter is on the board of Disability Action Haringey. Trustees are appointed by the Board and have had regard to the guidance issued by the Charity Commission on public benefit. Board members have had an introduction to Finance and Management Accounts to enable them to better understand the financial monitoring reports presented at their monthly meetings. The Trustees receive regular, bi-monthly financial reports and cashflow projections to ensure that Circle's costs and income are under continual review. Our newly refreshed Members Reference Group has met on four occasions and provided useful feedback on the existing programme and future developments. Although the Annual Report looks back on the year, we are also looking forward to the year ahead with the opportunities and challenges this will bring. At the turn of the year, we have secured an Awards for All grant of £12.5k which will support our continuing activity over the next twelve months. Working with the Social Media students at the local College we have produced a series of videos capturing the experiences of our members and stakeholders which will be uploaded onto a Haringey Circle YouTube channel. ## **Public Benefit** The trustees have considered the Charity Commission’s guidance on public benefit, including the guidance ‘public benefit: running a charity (PB2)'. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit. ## **Additional Note** ## **Financial Review** ## **Financial Position** The results of the year and financial position of the Company are shown in the accompanying Financial Statements. The Statement of Financial Activities shows a net surplus for the year of £8,419 (net deficit of £1,673 in 2024/25). Total unrestricted incoming resources were £22,661 (£6,999 in 2024/25) and total restricted incoming resources were £29,579 (£23,875 in 2024-25). Total resources expended from unrestricted funds were £24,857 (£20,713 in 2024/25) and total resources expended from restricted funds were £17,291 (£20,524 in 2024/25) ## **Reserves Policy** Haringey Circle aims to maintain unrestricted free reserves equivalent to 3 months’ running costs. Due to the recent inception of the Charity, unrestricted funding has been slow and as a result has a small unrestricted free reserve surplus of £4k and has therefore not met its unrestricted free reserves policy. Page 2 ## **Haringey Circle Trustees' Report (continued) For The Year Ended 31 March 2026** ## **Going Concern** We have been successful in obtaining unrestricted funding in 25/26 and working towards meeting the 3 months of running costs ## **Structure, Governance and Management** ## **Governing Document** ## **Reference and Administrative Details** ## **Trustees** Ms Sharon Grant OBE (Chair) - Director and Trustee Mr Patrick Edwards - Director and Trustee (resigned 14/04/2026) Ms Helena Kania - Director and Trustee Ms Roberta Sturgeon - Director and Trustee Mr Andrew Carpenter - Director and Trustee Ms Anne Gray (resigned 14/04/2026) Mr Michael Wilson - Director and Trustee Ms Catherine Abrey - Director and Trustee (appointed 15/05/2026) Ms Deborah King - Director and Trustee (appointed 27/04/2026) Ms Michelle Rudolfo - Director and Trustee (appointed 05/08/2025) ## **Charity Number** 1207578 ## **Company Number** 12867298 ## **Independent Examiner** Mahmood Ahson FCA, Ph.D Accentor Associates Limited Chartered Accountants 639 Green Lanes London N8 0RE Page 3 ## **Haringey Circle Trustees' Report (continued) For The Year Ended 31 March 2026** ## **Small Company Rules** This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees' report was approved by the board of trustees and signed on its behalf by: Ms Sharon Grant OBE (Chair) Trustee 23/06/2026 Page 4 ## **Haringey Circle Independent Examiner's Report to the Trustees of Haringey Circle For The Year Ended 31 March 2026** I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026. ## **Responsibilities and Basis of Report** As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (“the 2006 Act”). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act. ## **Independent Examiner's Statement** 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: 1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 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 accounts to be reached. Mahmood Ahson FCA, Ph.D 23/06/2025 Accentor Associates Limited Chartered Accountants 639 Green Lanes London N8 0RE Page 5 ## **Haringey Circle Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2026** |**Note**
**Income from:**
Donations & Grants
**3**
Charitable Activities
**4**
**Total income**
**Expenditure on:**
Fundraising
Charitable activities
**Total expenditure**
**5**
**Net income / (expenditure) for the**
**year**
**Fund transfers**|**Unrestricted**
**£**
2,661
20,000|**Restricted**
**£**
1,450
28,129
**29,579**
-
17,291
**17,291**
**12,288**
-|**2026**
,2025
**£**
£
**4,111**
4,999
**48,129**
25,875
**52,240**
30,874
**6,250**
-
**35,898**
41,237
**42,148**
41,237
**10,092**
(10,363)
**-**
-| |---|---|---|---| ||**22,661**
6,250
18,607||| ||**24,857**
**(2,196)**
-||| |**Net movement in funds**
**Reconciliation of funds:**
**14**
Total funds brought forward
**Total funds carried forward**|**(2,196)**
(5,014)
-
**(7,210)**|**12,288**
3,341
-
**15,629**|**10,092**
(10,363)
**(1,673)**
8,690
**-**
-
**8,419**
(1,673)| All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The notes on pages 9 to 14 form part of these financial statements. Page 6 **2.** ## **Haringey Circle Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2026** **----- Start of picture text -----**
2. Detailed comparatives for the statement of financial activities
Unrestricted Restricted ,2025
£ £ £
Income from:
Donations & Grants 4,999 - 4,999
Charitable Activities 2,000 23,875 25,875
Total income 6,999 23,875 30,874
Expenditure on:
- - -
Fundraising
Charitable activities 20,713 20,524 41,237
Total expenditure 20,713 20,524 41,237
Net income / (expenditure) for the year (13,714) 3,351 (10,363)
Transfers between funds - - -
Net movement in funds (13,714) 3,351 (10,363)
Reconciliation of funds:
- - -
Total funds brought forward
Total funds carried forward (13,714) 3,351 (10,363)
**----- End of picture text -----**
The notes on pages 9 to 14 form part of these financial statements. Page 7 ## **Haringey Circle Balance Sheet As At 31 March 2026** |**Note**
**Current assets:**
Debtors
**10**
Cash at bank and in hand
**Creditors: amounts falling due**
**within one year**
**11**|**-**
**1,360**
**28,014**|**2026**
2025
**£**
£
-
811
12,334
13,145
(3,374)| |---|---|---| ||**29,374**
**(9,511)**|| |||| |**NET CURRENT ASSETS**||**19,863**
**9,771**| |||| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**19,863**
19,542| |**Creditors: Amounts Falling Due**
**After More Than One Year**
**11**
**Net assets**
**12**
**Funds**
Unrestricted Funds
Restricted Funds
**Total funds**
**14**||**(11,444)**
(11,444)
**8,419**
8,098
**(7,210)**
**(13,714)**
**15,629**
3,351
**8,419**
**(10,363)**| The financial statements have been prepared in accordance with the special provisions for small companies of the Companies Act 2006. Approved by the Trustees Board on 2026 and signed on its behalf by: …………………………….. ## **Chair to the Board** For the year ending 31 March 2026 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. On behalf of the board Ms Sharon Grant OBE (Chair) Trustee 23/06/2026 Page 8 ## **Haringey Circle Notes to the Financial Statements For The Year Ended 31 March 2026** ## **1. General Information** Haringey Circle is a company limited by guarantee, incorporated in England & Wales, registered number 12867298 and registered charity number 1207578 . The registered office is . ## **2. Accounting Policies** ## **2.1. Basis of Preparation of Financial Statements** The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. ## **2.2. Cash and Cash Equivalents** Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts. |**3.**|**Income from donations**|**Income from donations**|| |---|---|---|---| |**Unrestricted**
**Restricted**
**£**
**£**
Donations
2,662
1,450
-
.
2,662
1,450|||**2026**
2025
**Total**
Total
**£**
£
**4,112**
4,999
**-**
-| |||2,662
1,450|**4,112**
4,999| ||||| |**4.**|**Income from charitable activities**||| |**Unrestricted**
**Restricted**
**£**
**£**
Grants
20,000
28,129
**Total**
20,000
28,129|||**2026**
2025
**Total**
Total
**£**
£
**48,129**
25,875
**48,129**
25,875| Page 9 ## **Haringey Circle Notes to the Financial Statements (continued) For The Year Ended 31 March 2026** ## **5. Analysis of expenditure 2026** |**Basis of**
**allocation**
Staff costs
Direct
Direct costs
Direct|**Cost of**
**raising**
**funds**
**£**
-
6,250|**Charitable**
**activities**
**£**
11,009
6,282|**Support**
**costs**
**Governance**
**Costs**
**£**
8,790
-
8,231
1,586|**2026**
2025
**£**
£
**19,799**
24,815
**22,349**
16,422| |---|---|---|---|---| ||**6,250**|**17,291**|**17,021**
**1,586**|42,148
41,237| |||||| |Support costs allocation|(6,250)|24,857|(17,021)
(1,586)|**-**
-| |**Total expenditure 2024**|**-**|**42,148**|**-**
**-**|**42,148**
41,237| Of the total expenditure, £24,857 was unrestricted (2025: £20,713) and £17,291 was restricted (2025 £20,524) |**Analysis of expenditure 2025**|||| |---|---|---|---| |**Basis of**
**allocation**|**Cost of**
**raising**
**funds**|**Charitable**
**activities**|**Support**
**costs**
**Governance**
**Costs**
**2025**| |Staff costs
Direct
Direct costs
Direct|**£**
-
-|**£**
19,874
650|**£**
**£**
4,941
-
**24,815**
14,422
1,350
**16,422**| ||**-**|**20,524**|**19,363**
**1,350**
**41,237**| |Support costs allocation
**Total expenditure 2025**|-
**-**|20,713|(19,363)
(1,350)
**-**
**-**
**-**
**41,237**| |||**41,237**|| ||||| Page 10 ## **Haringey Circle Notes to the Financial Statements (continued) For The Year Ended 31 March 2026** ## **6. Net income/(expenditure) for the year** This is stated after charging: |**Net income/(expenditure) for the year**
This is stated after charging:|| |---|---| |Depreciation|**2026**
2025
**£**
£
**0**
0| |Independent examination fee|**1,586**
1,350| ## **7. Taxation** The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. - **Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** - **8.** |Salaries and wages
Social security costs
Pension costs|**2026**
2025
**£**
£
**17,739**
23,705
**2,061**
1,066
**222**
44
**20,022**
24,816| |---|---| No employee received remuneration in excess of £60,000 in the year (2025: nil). The total employee benefits including pension contributions of the key management personnel were £20,022 (2025: £24,816) The charity trustees were not paid or received any other benefits from employment with the Charity in the year (2025: £nil) neither were they reimbursed expenses during the year (20235£nil). No charity trustee received payment for professional or other services supplied to the charity (2025: £nil). The average number of employees (head count based on number of staff employed) during the year was as follows: ||**2026**
2025
**No.**
No.| |---|---| |Average Number of Staff Employed|**1**
2| ||**1**
2| Page 11 **----- Start of picture text -----**
10. Debtors
2026 2025
£ £
-
Trade Debtors net of bad debt provision 1,297
Prepayments & Accrued Income 63 661
1,360 661
11. Creditors: amounts falling due within one year
2026 2025
£ £
Trade Creditors 2,277 296
Taxation and Social Security 1,633 312
Accruals and Deferred Income 5,524 2,731
Other Creditors 77 34
9,511 3,373
11. Creditors: amounts falling due after one year
2026 2025
£ £
Other Creditors 11,444 11,444
11,444 11,444
**----- End of picture text -----**
**12. Analysis of net assets between funds - 2026** |Tangible fixed assets
Net Current Assets (Liabilities)
Long Term Liabilities
**Analysis of net assets between funds - 2025**
Tangible fixed assets|**Restricted**
**funds**
**£**
-
15,629
-
15,629
Restricted
funds
£
-|**General**
**funds**
**Total**
**funds**
**£**
**£**
-
**-**
4,234
**19,863**
(11,444)
**(11,444)**
(7,210)
**8,419**
General
fund
Total
funds
£
£
-
-| |---|---|---| |Net Current Assets (Liabilities)|3,351|(5,621)
(2,270)| |Long Term Liabilities|-|(11,444)
(11,444)
(17,065)
(13,714)| |||| ||3,351|| |**13. Pension scheme**||| The pension scheme in operation is compliant for auto enrolment purposes and all staff eligible are registered. Pension contributions owed as at 31.03.26 £77(2025: £0). ## **14. Movement in funds 2026** |**14. **|**Movement in funds 2026**|||| |---|---|---|---|---| ||Restricted Funds:|**At 1 April**
**2025**
**£**|**Incoming**
**resources**
**£**|**Outgoing Transfer**
**Asset**
**At 31**
**March**
**resources**
**Transfers**
**2026**
**£**
**£**
**£**| ||Awards for All|-
-
784
-
2,557|12,500
1,450
13,962
1,667
-|-
-
-
**12,500**
(26)
-
-
**1,424**
(14,248)
-
-
**498**
(460)
-
-
**1,207**
(2,557)
-
-
**-**| ||Donations|||| ||DisabilityAction Haringey|||| ||HaringeyGiving|||| ||National Lottery|||| ||**Total restricted funds**
Unrestricted Funds:
General fund
**Total unrestricted funds**
**Total Funds**|**3,341**
(5,014)
**(5,014)**
**(1,673)**|**29,579**
22,662
**22,662**
**52,240**|**(17,291)**
**-**
**-**
**15,629**
(24,857)
-
-
**(7,210)**
**(24,857)**
**-**
**-**
**(7,210)**
**(42,148)**
**-**
**-**
**8,419**| ## **14. Movement in funds continued** ## **Movement in funds 2025** |**Movement in funds 2025**|| |---|---| |Restricted Funds:|**At 1 April**
**Incoming**
**Outgoing Transfer**
**Asset**
**At 31**
**March**
**2024**
**resources**
**resources**
**Transfers**
**2025**
**£**
**£**
**£**
**£**
**£**| |DisabilityAction Haringey|-
4,875
(4,091)
-
-
**784**
-
19,000
(16,443)
-
**2,557**| |National Lottery|| |**Total restricted funds**
Unrestricted Funds:
General fund
**Total unrestricted funds**
**Total Funds**|**-**
**23,875**
**(20,534)**
**-**
**-**
**3,341**
8,690
6,999
(20,703)
-
-
**(5,014)**
**8,690**
**6,999**
**(20,703)**
**-**
**-**
**(5,014)**
-
**8,690**
**30,874**
**(41,237)**
**-**
**-**
**(1,673)**| **15 Related party transactions** ## **15 Related party transactions** There were no related party transactions in the financial year. ## **16. Company limited by guarantee** The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.