CHARITY REGISTRATION NUMBER: 1210844
STROUDLEY WALK COMMUNITY ORGANISATION
TRUSTEE’S ANNUAL REPORT & UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 15 AUGUST 2025
STROUDLEY WALK COMMUNITY ORGANISATION
Accounts
PERIOD ENDED 15 AUGUST 2025
| Page | |
|---|---|
| Trustees' annual report | 1 |
| Statement of financial activities | 4 |
| Statement of financial position | 5 |
| Notes to the accounts | 6 |
STROUDLEY WALK COMMUNITY ORGANISATION
Trustees' Annual Report
PERIOD ENDED 15 AUGUST 2025
The trustees present their report and the unaudited accounts of the charity FOR THE PERIOD ENDED 15 AUGUST 2025.
Reference and administrative details Registered charity name STROUDLEY WALK COMMUNITY ORGANISATION Charity registration number 1210844 Principal office Bromley by Bow Centre St. Leonards Street The Cave SWCO E3 3BT
Trustees: Asik Alahi – Chair Shahrier Khan – Trustee Imran Khan. – Trustee
Independent Examiner Rehana Akhter AFA MIPA 23 Bulrush Terrace London, UK IG11 0NT
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STROUDLEY WALK COMMUNITY ORGANISATION
Trustees' Annual Report (continued)
PERIOD ENDED 15 AUGUST 2025
Structure, governance and management
Stroudley Walk Community Organisation is a Foundation CIO governed by its constitution and registered with the Charity Commission on 7 November 2024. The charity is administered by its trustees, who meet as required to oversee operations, finances, and compliance.
Trustees are appointed and retire in accordance with the CIO constitution. No trustee received any remuneration or benefits during the period.
Charitable objects
The object of the CIO, to be carried out for the public benefit in the London Borough of Tower Hamlets and such other London Boroughs as the trustees shall from time to time determine, is:
The relief of those in need, by reason of youth, age, ill-health, disability or financial hardship, through the provision of grants, items and services to individuals in need.
Public benefit
The trustees have had due regard to the Charity Commission’s public benefit guidance. During the period, activities were directed towards supporting individuals experiencing financial hardship and related need, consistent with the charity’s objects.
Activities and achievements
As this was the charity’s initial period following registration , activity levels were modest. The charity:
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Received initial income of £271.95
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Incurred essential setup and operational costs, including insurance, repairs, and professional fees
The trustees consider these activities appropriate to establishing the charity and preparing it for future service delivery.
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STROUDLEY WALK COMMUNITY ORGANISATION
Trustees' Annual Report (continued)
PERIOD ENDED 15 AUGUST 2025
Plans for future activities and development
The trustees intend to expand the charity’s activities during the next financial period in order to better meet local need within the London Borough of Tower Hamlets and neighbouring boroughs. Planned developments include:
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Applying for small grants from charitable trusts, foundations, and local authority funding programmes to support core activities
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Developing partnerships with local community organisations, housing providers, and advice services
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Providing small hardship grants, essential items, and signposting support to individuals experiencing financial difficulty
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Strengthening governance, policies, and financial controls to support sustainable growth
The trustees believe that securing grant funding and developing structured programmes will enable the charity to increase its reach, deliver greater public benefit, and build long-term financial resilience.
Financial review
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Total income: £271.95
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Total expenditure: £505.88
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Net movement in funds: deficit of £233.93
The deficit reflects initial setup costs incurred during the charity’s first period. The shortfall was supported by a temporary advance recorded as a trustee loan.
Reserves policy
At this early stage, the charity has not yet adopted a formal reserves policy. This will be reviewed once regular income streams are established.
Risk management
The trustees have reviewed the main risks faced by the charity and are satisfied that appropriate controls are in place, proportionate to the charity’s current size and activity level.
Trustees’ responsibilities
The trustees are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and Charity Commission guidance.
Approved by the trustees and signed on their behalf:
Shahrier Khan
Trustees Date: ________
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STROUDLEY WALK COMMUNITY ORGANISATION
Statement of Financial Activities
For the period ended 15 August 2025
| 2025 | 2025 | |
|---|---|---|
| Unrestricted funds (£) | Total funds (£) | |
| Income and endowments | ||
| Donations and legacies | 271.95 | 271.95 |
| Investment income | – | – |
| Total income | 271.95 | 271.95 |
| Expenditure | ||
| Expenditure on charitable activities | (505.88) | (505.88) |
| Total expenditure | (505.88) | (505.88) |
| Net income / (expenditure) and net movement in funds | (233.93) | (233.93) |
| Reconciliation of funds | ||
| Total funds brought forward | – | – |
| Total funds carried forward | (233.93) | (233.93) |
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STROUDLEY WALK COMMUNITY ORGANISATION Statement of Financial Position 15 August 2025
| 15 August 2025 | |
|---|---|
| 2025 | |
| £ | |
| Fixed assets | |
| Tangible fixed assets | – |
| Current assets | |
| Cash at bank and in hand | 116.07 |
| Debtors: amounts falling due within one year | – |
| Creditors: amounts falling due within one year (Note 8) 350.00 | |
| ───────── | |
| Net current assets / (liabilities) | (233.93) |
| ───────── | |
| Total assets less current liabilities | (233.93) |
| Creditors: amounts falling due after more than one | year – |
| ───────── | |
| Net assets / (liabilities) | (233.93) |
| ═════════ | |
| Funds of the charity | |
| Unrestricted funds | (233.93) |
| ───────── | |
| Prior year adjustment | – |
| Total charity funds | (233.93) |
| ═════════ |
Trustee approval
These accounts were approved by the board of trustees and authorised for issue on:
________ Signed on behalf of the board:
Shahrier Khan
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STROUDLEY WALK COMMUNITY ORGANISATION Notes to the Accounts
Period ended 15 August 2025
1. General information
The charity is registered charity in England and Wales and is unincorporated. The address of the principal office is Bromley By Bow Centre, St. Leonards Street, The Cave, SWCO, E3 3BT
2. Statement of compliance
These accounts have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the 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) (Charities SORP (FRS 102)) and the Charities Act 2011.
3. Accounting policies
Basis of preparation
The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.
The accounts are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability to continue.
Transition to FRS 102
The entity transitioned from previous UK GAAP to FRS 102 as at 1 January 2016. Details of how FRS 102 has affected the reported financial position and financial performance is given in note 10.
Fund accounting
Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes.
Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment.
Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal and fall into one of two sub-classes: restricted income funds or endowment funds.
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STROUDLEY WALK COMMUNITY ORGANISATION
Notes to the Accounts (continued)
Period ended 15 August 2025
3. Accounting policies (continued)
Incoming resources
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
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income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable, and its amount can be measured reliably.
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legacy income is recognised when receipt is probable, and entitlement is established.
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income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
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income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted.
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates:
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expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities, and the sale of donated goods.
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expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities.
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other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis.
4. Donations and legacies
| Unrestricted | Total Funds | |
|---|---|---|
| Funds | 2025 | |
| £ | £ | |
| Donations | ||
| Donations Received | 271.95 | 271.25 |
───────── |
───────── |
|
| 271.95 | 271.95 |
|
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STROUDLEY WALK COMMUNITY ORGANISATION
Notes to the Accounts (continued)
PERIOD ENDED 15 AUGUST 2025
5. Expenditure on charitable activities by activity type
| Activities | Activities undertaken directly (£) | Support costs (£) | Total funds 2025 (£) |
|---|---|---|---|
| Governance costs | 100.00 | – | 100.00 |
| Support costs (repairs & renewals) | – | 165.72 | 165.72 |
| Insurance | – | 240.16 | 240.16 |
| ───────── | ───────── | ───────── | ───────── |
| Total expenditure | 100.00 | 405.88 | 505.88 |
| ════════ | ════════ | ════════ | ════════ |
6. Staff costs and emoluments
The total staff costs and employee benefits for the reporting period are nil (2025)
7. Trustee remuneration and expenses
Trustees are working on voluntary basis.
8. Creditors: amounts falling due within one year
Other creditors
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2025
£
350
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9 . Related Party Transaction:
There was no related party transaction during the year.
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STROUDLEY WALK COMMUNITY ORGANISATION
INDEPENDENT EXAMINER'S STATEMENT
Period ended 15 August 2025
INDEPENDENT EXAMINER'S STATEMENT
For the period from 7 November 2024 to 15 August 2025 I report to the trustees on my examination of the accounts of Stroudley Walk Community Organisation (Charity number 1210844) for the period from 7 November 2024 to 15 August 2025.
Responsibilities and basis of report
As the charity’s trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission.
Independent examiner’s statement
I have completed my examination. I confirm that no matters have come to my attention:
• which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the Act, or to prepare accounts which accord with those records and comply with the accounting requirements of the Act, have not been met; or
• to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
……………………………………
Rehana Akhter AFA MIPA Independent examiner
23 Bulrush Terrace London IG11 0NT
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