Registered Charity number 206143 Merton and Morden Guild of Social Service Trustees, Report and Annual Financial Statements 31 March 2023 Merton and Morden Guild of Social Service Report and accounts Contents Pago Charity infonr￿ti0n Trustees, report Independent examineffs rewi Statement of financial activittes Balance Sheet Notes to the a¢¢ounts 7t013 Merton and Monlen Guild of Social Service Charity Infomiation Trnstees Andrew Butcher- Char Susan Hedges Philip Jones Gillian Lews Lavender Malcolm Neale Peter Redway Mrs Jolanta Novak Peter Southgate Rgportlng *ceountant Kathleen Bhuiwalla Bhujwdlla & Co 1 Merton Park Parade Kingston R¢)ad Wimbledon London SW19 Bankorn TSB Bank London Road Morden CAF Charty Money Management King$ Hill West Malling Kent Chartty numbor 206143 Merton and Mordèn Gulld of Social Service Trustees, Annual Report for the year ended 31 March 2023 Roglstsrod charlty number 206143 Charitys addro•s Morden Su Trustaes who manage the charity Andrew Butther- Ch￿r Susan Hedges Philip Jones Gillian Lews Lavender Malcolm Neale Peter Redway Mrs Jolants Novak Peter Soutyate Governlng lTr•trumont The charty Is govemed by a constttulon adopted 2 October 1945, as amended 18 Jun8 1953, 12 July 1947, 9 June 1967. 29 October 1977 and 14 Juty 1992. ObJ•cl• of th• charlty •nd m•ln •ctfvlll•s The Merton and Morden Guikl of Social PJepice is an independent registered charity governed by a Board of Trustees, which is elected at our Annual GeneRI Meeting. Its misslon 1$ to provide grwp activities dd8r people wthich aim to encourage independence. S(￿la1 interaction and pxibve *EII being. These *p4iltes also aim to defer the effects of i$dation and calls on more expensive stattrtory seNi¢e$. We promde a wide variety of acti¥its08 as dewibed in our annual Handbook, and thanks to the support from the London 80r￿gh of Merton. are atAo to prtsJuc* acbvityes vthith remain affordable. The Guild has ￿ paid employees arKI uses the sep4tces of sessional worf(ers to deliver specialist acts'vitbes such as OUT exwcise dasses, line dance. tap dance and Tai Chi. AJI these se$$ional workers are qualtfied to appropriate standwd8 and undertake regular wofes5ional deVelO￿ent a¥ laid down by their regul8W t¥Jdi8S. In addition, we TeceNe ab￿t 5,CY)O hours of hdp from voluntew5 vknth, rf paid at the National Minimum Wage of approximately £9.50 per hour, wjuld be valued at £47,500. We are extremety 9Tateful for all the help we re¢ei¥e frrxn volunteer& indeed many acbvibes would not take plats without th￿r presence. Merton and Morden Guild of Soclal Servlce Trustees. Annual Report for the year ended 31 March 2023 Rlsk manag•m•nt l Guild actsvi￿es are risk assessed frixn tirne to time and a￿ eittw held in appropriate premises that we regard as places of safety ￿, rf transport is involved. apwopriate vehides are used. In financial terms the Guild aims for a trxo•Jly balanced btyt It maintains a cash reserve 6uffi¢ient to deal contingencAes. usualty 6 months running costs. After lyjilding cash reserv8S to a rec(Yd hi9h over the last fve year5 antiupate Ihat these will be used over the next tJVO years to Cover a loss in funding for activilies ￿ intend to conts"nue. It is our to hold our Teserves in a low risk deFXJSrt account at CAF (char￿e$ Aid Found*ionl Bank. The Trustees declare that they have appro￿1 the Tw8tee8' Report above. Slgned on behalf of the Trustees: ndr•w Butch•r Chalr 5 March 2025 Merton and Mordan Guild of Social Service Independent Examinerfs Report to the Members of Merton and Morden Gulld On accounts for the year ended 31 March 2023 Charlty numbor 206143 I report on the accounts of the Guikl for the ￿ar ended 31 Marth 2023. whith are set out on pages 5t013. The charity's trustees are restKmsible ts the Preparati￿ of the a¢¢4)unts in accordance with section 144 of the char￿eS Act 2011 {the Charities Act). I report in respect of my examination of the Guikl's acc4)unts ca￿led out urKler seckn 145 of tr¢e 2011 Act and in Carrying out my examination. I have follo*pd all the applKaL4e directrjns giv￿ by the Chanty CiJmmi88ion under section 145(5)(b) of the Ind•p•nd•nt •x•mln•tr• •l•tgmont I have wmpleted my examinat￿1. I ￿nfvrn that matwol matters habt c4)me to my attention in ¢onne¢tion with trte examination vlhich cau8e me to beI￿Ve tha( in any material r8spect . the xcounting records not kept in a(xx)rdance section 130 of the Art or - the accounts did not accord wlth the accwnting rec¥)rds', r - the accounts did nol ¢ompty with the appI￿al￿e requirements conceming tha fom) and cont6nt of accounts sel out in the Charities IA¢¢ounts and Repcrfts) Regulations 2008 other than any requirement that the a¢￿Unts gtrrfe a and fail whlth is not considered as part of an independent examination. I have no concerns and have come across no ¢)ther mattern in connectlon *ith the examination to ich attention should be drawn in this rewrt in order to enatAe a proper understanding of the accounts to be reached. Kathleen Bhuiwalla Chartered Certified Accountant 1 Merton Park Parade Kingston Road WimtAedon London SW19 5 March 2025 lij a¥ c- tccvooco￿￿ z Merton and Morden Gulld of Social Servico Charlty no: 206143 Balance Sheet as at 31 March 2023 Unfestricted Total 2022 funds nds lunds 2023 Flxed assets Tangible assets 465 626 Curr•nt a•8•ts Debtors and prepayments Short term deposits Cash at bank and in hand 1.￿5 797 1,965 4.244 487 3,890 3.447 47,956 50.718 3.216 6,663 51.172 57,381 43,387 47,764 Cr•dltorn: amounts falllng du• wlthln one y••r {3,426) 13.426) 13,2731 N•t ¢urr•nl •M•ts 47.292 $3,955 44.491 47.292 7,128 45,117 Fund• unres1ri¢t￿ funtts ReStr￿ted fijnds 47.291 47,291 7,128 37,828 7,289 7.128 Tolal funds 47,291 7,128 54,419 45,117 Signed on behalfofthe trustees: Andrew Butch•r Approved by the Committee on 5 March 2025 Merton and Alorden Gulld of Soclal SeTvice Notss to the Accounts for the year ended 31 March 2023 1 Bas15 of preparatlon 8asts of accounting These accounts have been prepared under the histo￿al cost Cfjnvention *Yih items reccgnised at cost or transaction value unless othe￿ise stated in the relevant note to the acc(>unts. The accounts have been prepared in ￿rdance With the Statement of Recommended Practi*.' Accounting and Re￿￿ting by Charities preparing their aGGwnts in ac¢ordan¢e Y￿1h the Financial Repo￿n9 Standard ap￿￿1¢8ble in the UK and Republ￿ of I￿land IFRS 1021 issued on 16 July 2014, the Financial Reporting Standard applK*le in the UK and Reputli¢ of Ireland IFRS 102), and V4ith Chariti'es Act 2011. Ch•ng• ol•¢¢ountlng pollcy The accounts present a true and fair view and the &c{￿ntinll pc4t*$ adopted are those outlined in note 2. There has been no Change to the ac•))unting poI￿leS sin(x last year. chang￿ to a¢coundng esdmat•s No changes to accounting esb'mates have tyxurred in the reporb'ng ￿17(￿1. Materfal prloryear em>r8 No material prior year errors hava been identified in the reporbng rwh)d. 2 Accountlng pollcl•• In¢om• This standaKI ltst ol 8ccounting polries has b88n appl￿1 by charity. Whern e dnyernnt or additionalpollcy h88 been adopted Ihis is detslled below. R•cognldon of Incom• These are included in the Statement of Finan(ial Ac1r¥I￿ ISOFAI vthen.. - the charty be¢omes entiued to the resourrxs.. - the trustees are virtualty certain they wll receive Ihe res0w￿. and - the monetary value Can be measured with sufficlert rdialylrty. Ollsettlng There has been no offsetting of assets liabiltbes, or income and expenses. unless required or Fefmitted by the FRS 102 SORP or FRS 102. Grants and donat Grants and donations are onty I￿juded in the SOFA when the general inca)me recognltion criteria are meL In Ihe case of Perfo￿anCe related grants, ino)me must only b8 recognised to the extent that the chanty has provKled the Specffied gL￿d5 or service5 as entitlement to the grant onty ac￿r5 Nthen the perfomiance related cOnd￿.0nS are met L•gacles Legacies are induded in the SOFA T*then receipt is prcthtAe. that is. *then there has been grarrt of probate. the executors have established that thefE are sulki￿t assets in the estate and any conditions attached lo the legacy are either within the c(xtrc4 of ts charity or have been met Govemment grants The chanty has receNed governm￿t grants in the rewkn9 per￿J. Merton and Morden Gulld of Soclal Service Notes to the Accounts for the year ended 31 March 2023 Tax rnclalms on donations andgmts Gift Aid receivable is in¢bJded in income when there is a vdKI d&￿arati[￿ fr(Mn the donor. Any Gift d amount recovered on a donation is conssdered to be part of that gift and is treated as an addition to the same fund as the initial dOna1K￿ ￿lesS the donor ty the tem$ of the appeal have specified otherwise. This is only induded in the SOFA once the chanty has wovthd the related gotrjs or services or mot Ihe prefomBn¢e rdabj ¢￿xI1th)nS. Oonated gc￿S are measured at fair value (the amount for whith the asset could bo exchanged) unle88 imprac1￿al to do so. The cost of any stcKk of goLMls dol￿ted dlsthtsjti￿ to benefiuwies is deemwj to be the fair value of those gffts at the bme of thw'r receipt and they are recognised ￿ receipL In the reFQrting Period in ￿lch the stock5 are di8trltK￿. are fwnised as an exp￿58 at the carrying amount of the slocks at dI￿lbulJOn. Donated gc*Jls for resale are measured at fair v4ue inrt￿l rwnitiM, wthich is the expec￿ proceeds from sale18ss the eXr￿ded costs of sale, and recognised in 'lncome from other trading activitie5, and the ￿￿OCeedS from sale are also rew3ni￿ as'ln¢ome from other trading activitses,. Goods donated for on4oing use by the dwnty are recogn￿ed as langiNe fixed a88ets and included in the SOFA as incoming resources when receiwable. Gifts in kind for use by the chanty are induded ￿ the S(fA as wic4)ming re%)urca8 receivable. Donat•d swvle•s and facHItI•s Oonated 8er¥ices and facikb'es are included in the SOFA when re¢wed at the value of the gfft to the ¢harity provided the value of the gfft can be measured reliabty. Donat6d servlces and facilities that are consumed inmediatety are tecognised as income w6th an equNalent amount reccsni8ed as an expense under fv approwate headirwJ in the SOFA Support ¢osts The charlty has Incurred expendilure on supFKJrt costs. Volunteer help The value of any voluntary help rec•ved is not nduded in the acxounts Imrt is describ8d in the tru5tee$' annual repo Income from Interert rnyaliles and