Registered Charity number 206143 Merton and Morden Guild of Social Service Trustees, Report and Annual Financial Statements 31 March 2024 Merton and Morden Guild of Social Service Report and accounts Contents P*g• Charity infomialion Trustees, Teport Independent examlnefs report Statement of finan¢k81 activities 8alance sheet Notes to the accounts 7t013 Merton and Morden Guild of Social Se•vlce Charlty Infomiation Trustee Andrew But¢her- Chair Susan Hedge5 Philip Jones Gillian Lewis Lavender Malcolm Neale Peter RethBy Mrs Jolanta Novak Peter Southgate R•portlng accountant Kathleen Bhuiwalla Bhujwalla & Co 1 Merton Park Parade Kingston Ro*1 Wimbledon London SW19 Bankorn TSB Bank London Road Morden CAF Chartty Money Management KJ'ng$ Hi15 West Malling Kent Charfty numbor 206143 Alerton and Morden Guild of Social Servlc8 Trustses. Annual Report for the year ended 31 Ma￿h 2024 Registered charity number 2C6143 Charitys address Monlen Surrey Tnbstees who manage the charlty Andrew BLrtcher- Chair Susan Hedges Philip Jones Gillian Lewis Lavender Malcolm Neale Peter RethRy Mrs Jolanta Novak Peter Southgato Gov•rnlng I￿trUm•n¢ The charlty is govemed by a o)nstitutsim adopted 2 October 1945, as arnend*J 18 Juno 1953, 12 July 1947, 9 June 1*7, 29 Octoter 1977 and 14 Juty 1992. ObJ•¢t• of th• ¢harKy and maln a¢tlvftlo• The Merton and Morden Guild of Sc¢io1 Ser¥ice is an ndependent registered chanty governed by a Board ofTrustees, which is elected at our knnual General Meetlng. Its mission is to PTOVKle group ath'vities ts dder people wthi¢h aim to encourage Independert￿, social interaction and F*Jsibve beiryj. These aCtsVit￿ al80 aim to defef the effects of isolation and calls on more expensive stalutory services. We prowde a wide varnty of acbvibes as described in (￿r annual Handbc#)k, and thanks to the support from Ihe London Borough of Mert(m, are able to rKoduce acts¥itses remain affordalle. The Guild has pald employees and uses the 9eThices of sessional Workers to deliver specialist a¢tywtyes such as our exercise tknses, line dance, tap dance and Tai Chi. AJI these sessional workers are qualrf& to apwopriate s￿dardS and undertake regular profossional development as lamd dcAvn by their regul• t￿OleS. In add￿, we receive abcArt 5.000 hours of help from vc4unteers vthich, rf paid at the National Minimum Wage of approximately £10.42 per hour. Vh)ukl be Yalued at £52,100. We are extremely grateful all the help we recepie from volunteer5, indeed rn￿Y activfoes would not take place wlhout th￿r presen¢e. Merton and Morden Guild of Social Servicè Trustees, Annual Report for the year ended 31 March 2024 Rlsk m•nagement Al Guild 8ctivitres are risk assessed fr￿n time to b.me and are either held ￿ appropTiate premises that we r8gwd as pl&es of safety or, rf tsan¥th is Inv(￿. aFpropriate vehides are used. In financial terms the Guikl aims for a tKoalty b*arKed It maintsins a cash reserve sufficient to deal contingenoes, uwalty 6 monts running costs. After building cash resew to a record high over the last fNe years we antiopate that these wll be used over the next years to cover a loss in fvrKling for actsvits.es we intend to ccmtinue. It is our FN)licy to hold our ￿SerVeS In a low risk dw*t a¢u)unt at CAF (Clwities hid Foundation) Bank. The Trustees declare that they have apwoved the Trustees. Report above. Signed on behalf of the Trustees: Androw Butch•r Chalr 5 Ma￿h 2025 Merton and Morden Guild of Soclal Service Independent ExamineVs Report to the Members of Merton and Morden Gulld On acGounts for the year ended 31 March 2024 Charity number 206143 I report on the accourts of the Guikl for the year endgj 31 March 2024, we set rMJi on pages 5t013. R•spoctlv• rwponslbllhl•s of Inkn and •x•mln•r and ba•is of rnport The charitys trustees are resFonsitle the preparath￿ of the ￿luniS in ￿￿dance with Section 144 of the Chanties Act 2011 (the Chwibes Act). I report in respect of my exam￿atiOn of the Guibj's ac¢wnts carried uThJer 9ection 145 of the 2011 Act and in carying out my examinab"on. I have folltr*ed am the appliCa￿e dI￿tiOnS given by the Charity Commissw under section 145(51{bl of the Ar Independont ox*mlnerf8 •t•twn•nl I have comrAeted my examtnation. I confjrn that no rnateria matters have com8 to my attention In connection wTrth the examinati¢￿ which cause me to believe thac wi any material respxt . the accounting records not kept In accord￿ s•Xicm 130 of the hrt or - the acMunts did not accord Iwth the accounting rooxds.. or - the accounts drd not compty with Ihe aprAicable requirements concemlng the fom and content of 8¢¢ounts Set out in the Charitses IAceoJnts and Reports) Regulatsons 2Crf)8 other than ary requirement that the accounts give a Irue and fa￿ viw vknith is not ￿nSIdered 88 part of an Independent oxamina¥on. I have no concems and have come across no other malters in connection ts￿th the examination to which attention Sh￿k1 bo drawn in this report in ￿der to enable a proper understandlng of the 8c¢ounts to be Teached. Kathleen BhuTw8118 Chartered Ceftifth Accountant 1 Merton Park Par•J8 Kingston Road Wimbledc London SW19 5 March 2025 c yJC- as il c. utc50 ￿ Z Merton and Morden Guild of Social S•rvlce Charity no: 206143 Balance Sh¢ot as at 31 March 2024 Unr•strict8d Total 2023 Notr8 funds fund fund• 2024 Flxed •s80ts Tangible assets 349 Curr•nt a••ots Debtors and epayments Short tem dep)sits Cash at bank and in hand 2,614 2.614 4,507 1,985 4,244 3,447 62,686 66,360 3,216 6.663 65,902 73.023 51,172 57,381 Crndltorn: amounts falllng du• wlthln one y•ar (6.444) 16,4441 (3,426} Not curr•nt a•••ts 59,916 66,579 53,955 59,916 7.012 66,928 54,420 Fund• Unrestrictéd funds Restrlcbj funds 59.917 59,917 7.012 47,292 7,128 7.012 Total funds 59.917 7.012 66.929 54,420 Signed on behalf of the trustees.. Andrew Butcher Approved by the cc¥nmittee on 5 Marth 21f25 Merton and Morden Guild of Social Servlce Notes to the Accounts for the year ended 31 March 2024 Basis of preparation Basis of accounting These accounts have been prepared under the historh?l cost U)nVenti￿) with it￿S recognised at ¢ost or transaction value unless othep*ise stated in the relevant note to the accounts. The accounts have been prepared in accordanee with the Ststement of Recommended Practi¢e.' Accounting and ReF4Nting by Chartties preparing their aCc￿jnts in accordance wth the Financial Reporbng Standard ap￿iCable in the UK and Republ￿ of Ireland IFRS 1021 issued on 16 July 2014, vthh the Financial Rei>Nts'ng Standard applicable in the UK and Republic of Ireland IFRS and the Charities Act 2011. Change of accoundng pollcy The accounts present a true and fair vivw and th8 accounting pol￿￿5 adopted are those oullined in note 2. There has been no change to Ihe accounting poli￿5 sirtt last year. Changes to accountlnq estlmates No changes to accounting estimates have o￿Thed ￿ the reporthg pericxl. Materfalprlor y•ar•rrors No rnaterial prior year errors have been Klenlified IH the rowbng penod. 2 Accounllng polkles Income This standard list of 8cwunfrng has b88n apPl￿d by Ihe charity. Where 8 different or addit￿n81 poI￿Y has been 8dopted this is det818d below. R•cognltlon ollncom• These are induded in the Stalement of F￿a￿l41 Athitw (SOFA) ￿tten.. - the charity becomes entstled to the resources.. - the trustee$ are virtualty certain they will recebve the re￿YJrC*s. and - the monetary value can be measured wilh sufficlent rdiatrflrty. Offs•ldng Thore has been no offsetting of assets and liabilitses, or income and expenses, unless required or permitted ty the FRS 102 SORP or FRS 102. Grants and donatlons Grants and donations are only inchjded in the SOFA **twi the geneTal income rwniton criteria are mel In the case of performance related gr￿, incxmne must only be rwnised to the extent that Ihe charity has provtded the speufied gc*)ds or ser¥Kes a5 entiuemert to the grant onty oowrs when the perfonnance related condrtions a￿ mel Logxies Legacbes are induded in the SOFA vthen re￿Ipt is tKobalAe. that is. vthen there has been grant of probate, the executors have established that there are sufficient assets in the estate and any ¢￿ditIOnS attached to the legacy are eitherwFthin the ¢￿trol of the tharity or have been met Government grnrts The charity has re¢eNed govemment grants in the rep)rting perKKI. Merton and Morden Guild of Social SefViCO Notss to the Accounts for tho ygar ended 31 March 2024 Tax r8¢lalms on donatlons and gifts Gift re￿1Vable 15 included in income *then there ks a valKI declaralion from the donor. Any Gfft d amount recovered on a d(Ktats"on is Consider￿ to be part of that gift and is treated as an addib'on to the same fund as the in￿￿ dC￿atIon unless the donor (Y the terms of the appeal have swified otherwise. Contrnctual In¢omo and perfomiance related grdnts This is only induded in the SOFA once the chanty has WOVKled the related goods or swvices or met the preformance related conditbjns. Donot•d goods Donated goc¥Js are measured at fair value (the amount for ¥thith the asset could be exchanged) nless impractical to do so. The cost of any stock of go¢Mls donated for distrbubon to beneficiaries is deemed to be the fair value of those gffts at the time of their receipt and they are recognised i)n receipt In the reporting Feriod in ￿lch the stccks are distrdjuted. they are wn19￿ as ￿ expense at the carying amount of the stocks at distributK*). Donated goLMls for resale are measured at f*r value on initial rwnitson, is the expected pro¢eed¥ from sale fess the exr*ctsd costs of sa￿. and recognised in 'lncome from other trading a¢tivities' and the woceeds from sale are akn reccgnk8trJ as'lncomo from olher trading actiVbtie8'. Goods donated for owoing use by the chanty are recogn￿ as langitde fixed a88ets and induded in the SOFA as incoming resources ¥then receivable. Gifts in kind for use by the charity are in¢4uded in the SOFA as incoming re8ource8 when receivable. i￿aleds01vICes and facllltles Donated services and facilities are include(l in the SOFA when recwed at the value of the gfft to the charity provided the value of the gift Can be measured relk91￿y. Donated services and faulitses that are consumed immedk?tety are recognised as inc£)m8 with an equlvalent amount recogniged as an expense ￿der the apwow'ate h&￿1￿j in the SOF Support costs The charity has incurred experKllture on support costs. Volunt•gr h￿P The value of any voluntsry help received is not included In tr* accounts but is described in the trustees, annual reporL In¢om• fmm Intwvs¢ royald•s and dmdends This is induded in the accounts when receipt 15 prvbatAe and the amount receivable can be measured relia￿. Expènditur• and Ilabllltlog Liability recognftion Liabiliti"es are recognised Wh￿ it is more likdy than not that 1$ a ￿gaI or constructive obligation commitbng the chafity to pay out resources and the amount of the obligation Can be measured with reasonable certainty. Merton and Morden Guild of Social Sorvlce Notes to the Accounts for the year ended 31 March 2024 Governance and support ¢osts Support costs have been allocated ixtween govemance costs and other 5upp)rL Govemance ¢osts comprise all costs invofving publ￿ accountsbilty of the charity and its Compliance with regulation and good pra¢tits. Support costs indude central funclions arKI have been alk¢ated to xbvity ¢osl categories on a basi8 9)n5iStent vAth the use of resources. Wher8 the charity gives a grant condblions for ts payynent beiw a spwific level of service or output to be provided. su¢h grants are onty reo)gnised In th8 SOFA once the ffjctpknt of the grant has provided the specified seryice w ou Grants payable wlthoutperforniance condftlons Where there are no conditions attaching to the grant that enables Ihe dor￿ chanty to realistically avoid the commithenl a liabiW for the fijll fijndirs Obl￿at1￿ must be recognised. R•dundan¢y Mst The chanty made no redundancy payments during the rwting peib)d. No material item of delerred income has been induded in the acxount& Credito The charity has credltors which are measured at settlewt amounts less any trade dlgcounts. Pmvlslon for Ilablll A liabilty is measured on recogniiion at Its historic* cost and then subwuenty measured at the best esbmale of the amounl required to setlle the watson at the reporting dat?. 8aslc flnanclal Instrunwnts The charity accounts for basic financial instruments ¢)n initial rwnitson as per paragraph 10.7 FRS 102 SORP. Subsequent measurement is as per paragraphs 11.17 to 11.19. FRS 102 SORP. V￿u0 add•d t•x Value added tax is not reclwerable by Ihe charity, and as suth is induded in Ihe reknnt C08ts in the SOF Tanglbh ffxed assgts for us• by the charfty and dryprxladon These are caprtalised rf they can be used for more than one year. Flxed assets are valued at cost and depreciated at the ftAlowing rate&. Motor vehicjes 25% reducvig balance Merton and Morden Gulld of Social Service Notss to the Accounts for the year ended 31 March 2024 2 Anafysls of InGom• Totsl 2024 Total 2023 fund• 45,650 45,650 56,150 Donatlons and18gacl•s Donatlons and gffts 2.482 2.482 6.718 Other tradlng •cdvlel•s Fit for Life Fundraising activrties offi￿ income Regular 8cllvlties Minibus income H¢yne shopping (Covid 191 4.096 1,843 4.629 4,475 4,096 1.843 11,722 50 518 4.686 4,263 1,623 4.475 4.400 3,042 3,042 22,485 22,882 Oth•rlncom• other income Total Incomo 70.617 70,617 85,730 All in¢om8 in the wor yearwas unrestrthd. Merton and Morden Gulld of Social Service Notes to the Accounts for the year ended 31 March 2024 3 Analysls of Oxpendlture Total 2023 2024 Staff costs Fit for Life Regular activibes Volunteer expen88s Telephones Covid 19 Supplies Minibus costs Minibus depwation 14,490 4.329 4,040 17 2,699 3,043 14,490 4.329 28,835 5.027 5,179 313 2,255 2.605 5,894 181 17 2,699 116 116 33.878 116 33,994 50,269 Ralslnq funds Fundraising events 13 4 M•n•g•m•nt •nd •dmlnl8tr•tlon of th• ¢h• Staff costs Printing. postsge and stattor Telephones Offir2 expenses Insurances Minibus costs Rent Independent examinerfs fees Office relufbishrnent 3,LKJO 426 1,000 12,139 7,400 655 1,000 9,716 628 1,000 4,950 600 203 426 12,139 4.950 4.950 1,IY20 1,020 24.123 26,152 Total •xpendhuv• 58.001 116 58,117 76,434 Dots118 of c•rtaln Items of exp￿Ilure Independent examinees fees 600 Merton and Morden Guild of Social Service Notss to the Accounts for the year ended 31 March 2024 6 Staff costs Staff cosls crynpriswj.. 2024 2023 Wages and salaries 17,490 36,235 Average head c￿Jnt in the year- chwitaL4e acli¥ibes 6 Tanglbl• flx•d a•s•ts for u•• ty th• ¢h•rlty Motor vehlcle8 Cost At 1 Aprfl 2023 At 31 March 2024 28,$00 26,500 D•pr•elallon At 1 April 2023 Charge for the year At 31 March 2024 26,035 116 26.151 Not book valu• At 31 M?￿h 2024 349 At 31 Merch 2023 2024 2023 Trade debtors Other debtor5 and prepayments 2.516 1,791 174 2.614 1.965 Merton and Morden Guild of Soclal Servic• Notes to the Accounts for the year ended 31 March 2024 7 Credltora: amounts falllng due wlthln one year 2024 2023 Other creditors and awued expenses 3,426 8 Movem•nt of m•Jor fund 2024 At 1 April Incoming resou￿8 Outgoing resources Transfer belween funds 47,292 70.626 {58.001) 7,128 54,420 70,626 158,117) (1181 At 31 March 59,917 7.012 68,929 g Tru•tse• r•mun•rntlon •nd l>•n•fits None of the trustees havè been pald any remuneralkn or recefved any othw beneffts from an employment with their charity or a related charity.