Charity registration number.. 213171 The Deptford St Paul Charity nnual Report and Financlal Ststement5 for the Year Ended 31 March 2025 Field Sullivan Limited 9 Hare & 8sllet Road Blatkheath SE3 ORB
The Deptford St Paul Charity Contents {continued) Referente and Admini5tratNe Detatls Tru5tees' Rep¢)rt 2to4 Independent Examiner's Report Statement of Financial Artiviues 6t07 Balance Sheet riotes to the Financial Statements gto17
The Deptford St Paul Charity Reference and Administrative Detalls Trustees Josephine Ashdown Cllr Will Cooper Rev Paul Butler B.A IHon51 Rev Grant William V Bolton.Debbage Mrs Angela Peprah. aerk to the trustees MrThomas Clarkson,Treasurer 213171 Otherolffters Charfty RstratIOn Number Princi1 Office Financial Service5, London Borough of Lewisham Lawrence House Catford London SE6 4RU Indeperhdent Emamlner eld Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB Banke TSB 6 Crescent Arcade London SEIO 9EJ Barclays Bank UK PLC I Churchill Pla¢e London E14 SHP Page I
The Deptford St Paul Charlty Trnstees, Report The trustee5 present the annual report tO8ether with the financial statements of the charity for the year ended 31 March 2025. PRINCIPAL AcllviTES purposÈ of the charity is to provlde rellef In need resident In the area of benefi¢ being the Anelent Parish of Deptford, St Paul. Currently one of the Charity's main activititie5 has been to make regular payments to pensioners resident in the area of benefit who are in condltions of need. hardship or distress. Major dedslons in this respect are taken by the trustees wlth due regard to the Charlty Commls5ion'$ 8uidènce on public benefit. There are two aspects to the public benefit requirement, the 'publi¢ aspe¢V and the 'benefit aspecv. The charity meets the public aspett by providin8 benefit to a 5uffitient section of the public on the basis of where people live, and with a particu13r charitable need as described above. It meets the benefit aspect by providing benefits that are identifiable and measurable. such as pension and grant payments. AcfMTIES DURING THE YEAR Pensions continue to be administered byThe Deptford Pen5i0n Society on behalf of the Charity. In the financial year pensions were paid amounting to the sum of £9,05012024'. £8,375). It was also agreed to tontinue wlth the Christma5 distribution of Sain$5 supermarket vouchers, each with a face value of £30. Actual distributed glft cards amounted to a gross value of £13,5001450 gift cards), at a distounted price of £13,168 to the charity. The chariws income derives mainly from rental receipts Irom properthes in its ownership. of which there are urrently Seven. It has a conslderable investment with the Charitie5 Investment Fund, a fund designed to provide capitsl growth and risin8 income over time with a bias to real assets in UK and overseas egUltie5. Almost fifty percent of the chariws income in the financial year was derived from investment dividends. All incorne received Is used to further the chariW5 princlpal actNitie5. The Accounts comply with the Charitie5 Art 2011. The tharity Ss tskin8 Steps in order to régain possession of two commeroal properties and one resldentlal property forwhich it is not currently recerying any income. Thls action 15 ongoing. During the year the charitls investment properties were revalued by an independent profession311y qualified valuer. resulting In an Increase in fair value. The properties are held to generate renial Income and are not used direcdy in the delivery of the charltys actyvities. CWITABLE oiwfcoMES The impact of the re8ular payments continues to provide alstanCe to those in need within the area of benefit wbth additional assistance at Christmas. traditionally a difficult time of year. It has also allowed an opportunitv for social interaction and support when they collect their payments with the other pensioners. Thi5 h85 fostereil a spirit of supporting each othèr with a number of the more artive pens*oner5 helping older or pensions with problems to access the services of the community centre from where they pick up their payments. It Is also notable that if for some reason someone does not collert their payment, someone will check to see rf there is a problem or that person requires help. Pa8e 2
The Deptford St Paul Charity Trustees, Report (eontlnued) RISK ASSESSMEMT In order to comply with the Statement of Recommended Practlce Pr3Ctite applicable to charities preparing their accounts in attordance with the Charities SORP (FR5 1021. a review Df the major risks to whSth the chaiity is exposed and the sy5tem5 that have to be established to mitigate those risks 5$ In the process of being tarried out. The review will also consider exlernal factorn. Once Identified procedures will be put In place to rectify those areas of potential vulnerability. This will be monitored on an ooIng basis. RESERVES POLICY A5 a reserves policy. the Trustees have aBreed that the aim should be to maintain an approximate average of at least foux months runnlng costs1£12.0001 as sufficient free reserves to cover any unexpected contlngenoes. Reserves are currently maintained at a hiBher level in anticipation ol tosts of repair works to the charity's property portfolio, as part of a wider evaluatlon of the portfolio. STRUCTURE OF THE CHARITY The charity. govemed by a trust deed and constltuted a5 a charltable incorporated or8anisation hoh45 3 body of trustees conslstins of 4 persons. one nominative trustees, appointed by Lewisham Council and three co-operative tiU5tees, who must be persons thr¢vgh residence, occupatlon or otherwise with speclal knowledge of the area of benefft. Tn•stees and officers The trustees and officers 5ervin8 during the year and SIn the year end were as follows-. Tnjstees: losephlne Ashdown lappointed 25 April 20241 Cllr Will Cooper Rev Owen Beament MBE Iresl8ned 16 Juty 20251 Rev Paul Butler B.A (Hon51 Rev Grant William V Bolton-Debba8e (appointed 16 July 20251 Other Officers.. Mrs Angela Peprah, Clerk tothe trustees Mr Thomas Clarbon. Treasurer Page 3
The Deptford St Paul Charity Trustees, Report Icontinuedl Statement of Responsitsilltles The trustees are responsible for preparing the trustees, report and the financial statements in accordan with the Unlted KSredorn Accountin8 Standard5 Iunited Kin8dom Generally Accepted Aceountin8 Prarticel and appli¢able law and regulations. Thè law appllcable to charities requires the trustees to prepare financial statements for each fin8ncial year which give a true and fair VI of the state of affairs of the charity and of the incoming resources and pplication of resour£e5 of the charity for that period. In preparin8 these financial statements. the trustees are required to.. select suitable accounting polities and then apply them conslStently+ observe the method5 and principles in the Charities SORP- make judgements and estlmates thatare re350nable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements,. and prepare the financial Statements on the 8oin8 concern basis unless it is Inappropriate to presurne that the charity wlll contlnue in busine5S. The trustees are responsible for keepin8 proper accountinB records that disclose with reasonable ètturaty at any time the financial position of the chzrlty and enable them to ensure that the financlal statements comply wlth the Charities Act 2011, the Charities IAccounts and Reports) Regulations 2008. and the provisions of the constitutiort. The trwtees are also responsible for safeguardin8 the assets of the charity and hence for taklng reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are re5pon5ible lor the maintenance 3nd integrity of the corporate and financial Infomiation included on the charltzble company's websile. Legislation 8overninB the preparation and dissemination of finan¢ial statements may difFer from legislation in other jurisdictions. The annual report was approved by the trustees of the tharity on 23 january 2026 and signed on its behalf by.. Cllr Will Cooper Trustee Page 4
The Deptford St Paul Charity Independent Examlner's Report to the trustees of The Deptford St Paul Charity l pOrt to the charity trustees on my examination of the accounts of the charity for the year ended 31 March 2025 which comprise the Statement of Financi31 Activities, the Balance Sheet and related notes 3 to 14. This report is made solety to the charity's trustees, as a body. in attordante wlth sectlon 145 of the Chadties Act 2011. My work has beèn undertaken so that I might state to the chariW5 trustees those matter5 1 am required to stste to them in this report and for no other purpose. To the fullest extent permitted by law, I do not aCpt or assume responsibility to anyone other than the charity and the tharws trustees as a body, for my work, for this report. or for the opinlons I have formed. Responsibilitie5 •ry1 basls of report As the charity trustees of The Deptlord St Paul Charlty you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Att 20111.the Art'l. I report in Spert of my examination of the The Deptford St Paul Charity's accounts carried out under sectlon 145 of the 2011 Aet and In carryin8 Out my exarnination I have followed all the applicable Directions 8iven by the Charlty Commission under settien 14515llbl of the Aci. An independent examination does not invofve gatherin8 all the evidence that would be requlred in an audlt and consequently does not cover all the matters that an auditor tonsiders in giving their opinion on the financial statements. The plannin8 and condurt of an audit goes beyond the limited assurantè that an independent examination can provide. Consequently l express no opinion as to whether the financial statements present 3 'true and fai¢ view and my report is Ilmited to those 5pecifit matters set out in the independent examlnels statement. IndèpÈndentexarninerfs statsmtnt I have completed rny examlnation. I confirm that no material matters have come to my attention in ccffinertion with the examination giving ME cause to believe that in any material respect.. l.accountin8 records were not kept in respett of The Deptford St Paul Charity as requlred by section 130 of the Att,. or 2.the financial statements do not accord with those records; or 3.the financial statements do not comply with the xtounting requirements conteming the form and content of accounts set out in the Charitte5 (Accounts and Reports) Itegulations 2(M18 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. I have no concems and have come across no other matters In connection with the examlnation to which attention should be drawn in this report In order to enable a proper understanding of the aecounts to be reKhed. rim Sullivan F¢J Field Sullivan Limited 9 Hare & Billet Road glackheath 5E3 ORB Page 5
The Deptford St Paul Charity Statement of Flnanclal Activities for the Year Ended 31 March 2025 Unrèstricted funds General Endowment fvnds Expenthble Total 2025 Note Income and Endtx¥ments from: Investment intome 62.292 62,292 Total Income 62,292 62.292 Empendbture on: Charitable activities 158.5831 158.5831 Total Expenditure 158,5831 (58,5831 Net income 3,709 3,709 othèr reco8nSsed galns and losses Other 8ainsO055e5 Gainsnosses on Investment assets 137.1011 137,1011 2,965,000 2,965.1]00 Net movement in funds 2.968,709 137.1011 2,931,608 Reconclllatlon ol funds Totsl funds brou8ht forward 1,505.933 796,279 2.302,212 Totsl funds carried forward 13 4,474,642 759,178 5 233A20 The notes on p3Be5 9 to 17 form an integral part of these linancial statements. Page 6
The Deptford St Paul Charity Statemenl of Flnancial Artivitles for the Year Ended 31 March 2025 Icontinuedl Unre5trided nds General Endowrnent funds Expendable Total 2024 Note In¢ome and Endowrntnts fr4%n: Investment income 45,619 45,619 Total Income 45.619 45,619 Expendlture on: Charitable artlvlties 136.3401 136.3401 Total Expendilure 136.3401 136,3401 Net incorne 9,279 9,279 Other recolsed galns and l+WS Other gainslosses 66,095 66,095 Net movement in funds 9,279 66,095 75,374 Reconclllatlon ol tunds Total funds brought forward 1,496,654 730,184 2,226,838 Total furTrd5 carried loard 13 1,505.933 796,279 2.302,212 All of the charity's acllvltyes derive frorn continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 13. The notes on pa8es 9 to 17 fomi an inte8ral part of these financial staternents. Page 7
The Deptford 5t Paul Charity {Re8iStratlon number: 2131711 Balance Sheet as at 31 March 2025 2025 2024 Note FIX assèts Investments 4,255,0 1,290,000 Current assets Debtors 8.116 812,637 168,912 6,618 849,738 158.301 Investments Cash at bank and in hand io 989.665 1,014,657 Credltors: Amounts tslint due wiihon oneyear li 110.8451 12.4451 Net euffent assets 978,820 1,012,212 Net assets 5,233,820 2.302.212 Funds of ihe charly. Endowmentfubxls 759,178 796,279 Unrertrirted Income funds Unrestricted funds 4,474,642 1505,933 Total funds 13 5,233,820 2.302.212 The financial statements on pages 6 to 17 were approved by the trustee5, and authorised for issue on 23 January 2026 and signed on their behalf by.. Cllr Will Cooper Trustee The notes on pages 9 to 17 form an integral part ol these finan¢ial statements. Page 8
The Deptford St Paul Charity Notes to the Financlal Statements for the Year Ended 31 March 2025 I Charity Status The charfjty is domiciled in England and Wales. The address of its registered office is: Finandal SeNices, London Borough of Lewisham Lawrence House SE6 4RU These financial statements were authorised for i55ue by the trustees on 23 January 2026. 2 Accounlln¥ pollcles Stattment of compllance The financial statements have been prepared in accordante wlth Accounting and Reportin8 by Charities: Ststement of Recommended Practice applicable to charities preparing thelr accounts in attordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191- (Charities SORP IFRS 1021- Second edition October 20191. the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021. They also comply with the Companies Act 20C6 and Charitles Act 2011. Bas1$ ot eparatIO The Deptford Si Paul Charity meet5 the definition of a publie benefit entity undèr FRS 102. The accounts lftnancial 5tatementsl have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise ststed in the relevant notelsl to these accounts. Goln8ton¢ern The trustee5 tonsider that there are no material uncertainties about the charity's ability to continue as a going concern. Judgements and key sources of estlmatlon un¢ertalnty In the applicatton of the charivs accounting pollaes, the trustees are required to make judgements, esdmates and assumptions about the carrying amount of 3$5ets and liabilities that are not readlly apparent Irom other sources. The estimates and associatèd assumptions are based on historical experientè and other factors that are considered to be relevant. Actual rèsults may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revlslons to accounting estimètès are reco8nised in the periods in which the estrmate is revised where revisions affects only that perlod, or in the period of the revision and future periods where the revislons affects both current and future periods. Page 9
The Deptford St Paul Charity Notes to the Flnancial Statements for the Year Ended 31 March 2025 (continued) Incom• and endowments In¥stmenr thcome Investment Income Is reco8nised on an accruals basi5. Empenditure All expenditure is recognised once there is a le8al or constructive gbli8ation to that expendiwre, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicaNe expenditure heading that aEgregate similar costs to that ¢ate80ry. Where tosts cannot be directly attributed to particular headin8S they have been allo¢ated on a basis consistent with the use of resources, with central staff costs allocated on the basi5 of time spent, and depreciati¢n charges allocated on the portion of the asset's use. Other suPpt costs are allocated b35ed on the Spad of staff costs. hothble artlvltles Charitable expenditure comprlses those costs incurred by the charity in the delivery of its actiwties and setvices for its beneficiaries. It includes boih costs that can be allocated directly to such aCtltIeS and those osts of an indirect nature necessary to support them. Grnnt expehdlture Grants payable are payments rnade to third parries In the fvrtherance of the charitsble Objecve5. Where the charity gives a grant with condition5 for it5 payment being a specific level gf serwce or output to be provided, such grants are only recognised in the SOFA once the recipient of the grant has provided the specifit setvlce or oulput. Grants payable without performance condition5 are only reeognlsed in the accounts when a commitment has been made and there are no tonditions to be met relating tts the grant which remain in the control of the charity. Taxatlon The charity is considered to pass the tests set out in Para8raph I Sehedule 6 of the Finance Act 2010 and therefo it meets the definition of a eharitable tompany for iIK torporation tsx purposes. Accordingly the harity 15 Potentially exempt from taxation ITh respect of income or pital gains receSved within categorie5 covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Char8eable Gains Aet 1992, to the extent that such incorne or 8ains arÈ appSied extluslvely to charitsble pvrp05ÈS. In¥e5tment propertles Investment property is carried at lair value, dèrived from thè tuirent market price5 for comparable real estate determined annually by external valuers. Th@ valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific assèt. Changes in lair value are recognised in profit or loss. Page 10
The Deptford St Paul Charfty Notes to the Flnanclal Statements for the Year Ended 31 March 2025 (contlnued) rtd asset investments Flxed asset investments are included at market value at the balance Sheet date. Realed 8ains and losse5 on investments are calculated as the difference beeen sales proceeds and their market value at the start of the year, or their subsequent cost. and are tharged or credited to the statement of the financial artivitie5 in the period of di5POsal. Unrealised galns and losses represent the movement in market vèlues during the year and are credited or char8ed to the Statement of financial activities based on the market value at the year end. Current asset Investments Current asset investments a in¢luded atthe lower of cost and net realisable value / market value. Trade debtors Trade debtors are amounts due from customers for merchandise sold or 5er¥ices perfom)ed In the ordinary course of business. Trad? debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost usin8 the effective interest method. les5 piovision for impairment. A provision for the impaimient of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms ol the receivables. Cash and Cash equlvalents C85h and cash equivalents comprise cash on hand and call deposits. and other short-term hi8hly liquld investments that are readily convertible to a known arnount of cash and are suty'ect to an insi8nifltant risk of change in value. Trade credltOTS are Dbl&gations tts pay for goods or services that have been acquired in the ordinary tourse of business from suppliers. Accounts payable are classified as current liabillties il the does not have an unconditional righ¢ at the end of the reporting period, to defer settlernent of the creditor for at least •e1ve mgnths after the reporting date. If there Ss an uncondltional right to defer settlement for at least twelve months after the portin8 date, they are presented 35 non-current liabilities. are reco8nised initially at the transaction price and subsequently measured at amortised cost Using the effective interest method. Fund structure Unrestricted income funds are 8eneral funds that are available for use at the trustees discretion in furtherante of the objectives of the charity. Page 11
The Deptford St Paul Charlty Notes to the Financial Statements for the Year Ended 31 March 2025 (contlnued) anclal Instrurnents Clossllkotlon Flfiantlal assets and financial li3b¢lities are recoBnised when the tharity becomes a party to the contractual provisions of the instwment. Financial liabilities and equity Instnjments are classified accoriling tc• the substance of the contrartual rrangements entered into. An equity Instrument 15 any contract that IdenceS a redual interest in the assets of the charity after deductinB all of its liabilitiès. Rec4Jgnltlon ond meosurement All financial assets and liabilities are initially measured at transartion pdte (including transacti costsl. except for those financial assets dassified as at fair value through profit or Ios5. which are initially meawred at falr value (which is normally the transartlon price excluding transadion costs), unles5 the arrangement constitutes a financing transaction. If an arran6ement tonstitutes a financin8 transaction, the hnancial 355et or financial liability Is measured at the present value of the future payments discounted at a market rate of intsre5t for a slmllar debt instrument. Financial assets and liabilities a only offset in the Statement of financ+al position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity inténds either to setde on a nei basis, or to reali5e the a55et and setde the liability simultaneously. Financial a55ets are deretognised when and only when al the contractual rights to the cash flow5 from the financial asset expire or are settled, bl the charity transfers to another party substantially all of the risks and rardS of ownership of the financial asset, or cl the charity. despite having retained 50me. but not all, slgnlficant risks and rewards of ownership, has transferred control of the a$5et to another party. Financial Ilablllties are derecogrtrised only when the obli8ation spetified In the contrart is di5charBed, cancelled or expires. In¥estmeftts Investments in non-converttble preference shares and non-puttable ordinary or preferen¢e shaS Iwhere shares are publlcly traded or their fair value 15 reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably. investments are measured at cost less impairment. Investments In subsidiaries and assotiates are measured at cost less Impairment. For investments in subsidsaries acquired for consideration intluding the issue of shares 4ualifyin8 for merger relief. cost is measured by refern¢¢ to the nominal value of the shares issued plus fair value of other Consideration. Any premium is ignod. Folrvalue meo511remÈiit The best evidence of falr value is a quoted price for an identical asset in an attive market. When quoted prlces are unavailable. the price of a recent transaction for an identical asset provide5 evidence of fair value as long as there has not been 3 $18nificant change in etonomic circumstantes or a sl8nificant lapse of time since the transactton took plate. If tho market is not artive and recent transactions of an ideNeal asset on their own are not a good estimate of fair valuè, the fair value is estimated by usin8 a valuation technlque. Page 12
The Deptford St Paul Charity Notes to the Flnantlal Statements lor the Year Ended 31 March 2025 Icontinuedl 3 Investrnent Incornè UnrÈslrlttod Totsl 2025 Toia 2024 General Other investment income 21.656 40.636 21,656 40,636 21,231 24.388 Income frorn rents 62.292 62,292 45,619 4 ExpendIre on ¢h¥ritable a¢tl¥ltles Total 2025 Totsl 2024 Rate5 11,981 631 6.144 1.067 1,723 269 Water rates Li8h¢ heat and power Insurance 1,112 618 Aepair5 and maintenance Property management Accountancy Le8al and professional Charity vouchers Christmas hampers Pensions payable Pension society admin 4,380 3,258 1,332 11,749 13,168 858 2.160 1,272 13,168 5CM) 9,050 .375 804 58.583 36,340 2025 2024 Charitable activty Charity vouthers Pènsion payments and adrnin 35,561 13,168 9,854 13.993 13.168 9,179 58.583 36,340 5 Trustees rtmuneratlon and expenses No trustees, nor any persons connected wlth them, have received any remuneratign from the charity durfn8 the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year. Pa8e 13
The Deptford St Paul Charlty Notes to the Flnanclal Statements lor the Year Ended 31 March 2025 Icontinuedl 6 Taxatlon The charity is a re8lStered charity and 15 therefore exempt from tayati¢Jn. 7 Fixed asset investmeftts 2025 2024 Investment properties 4,255,000 1,290,OCQ Investment properties Investment propertles Costor V*atitiii At l April 2024 Revaluation 1,290.000 2,965,OC(I At 31 March 2025 4.255.oc#) Provlslon At 31 March 2025 Net book valuè At31 Marth 2025 4,255,000 At 31 Marth 2024 1,290,000 The charity owns seven freehold investment properties. Five properties were valued on 11 December 2024, one on 21 February 2025, and one on 28 May 2025. by Prolect Surveying Services Ltd, an independent fim) of ¢hartered surveyors, on the basis of existing use value. The trustees consider that the valuation dated 28 May 2025 provide5 reliable evidence of f3ir value at 31 March 2025 and therefore n¢ adjustment has been made for changes in value beeen the valuation date and the balan sheet date. The fair value ol investmenl properties at the balance sheet date was £4,255,OCiI12024'. £1,290,CQOl. The revaluation resulted in an overall increase in value of £2?65,O¢XI whith has been recD8ni5ed in thè Statement of Financial Artivities. Page 14
The Deptford St Paul Charliy Notes to the Flnancial Statements forthe Year Ended 31 March 2025 Icontlnued) a Debtors 2025 2024 Prepayments Other debtors 2,988 5,128 1,032 5,586 8,116 6.618 9 Cyrn1 asset Imfestments 2025 2024 Cash deposits 812,637 849,738 10 Cash and cash equiY4lents 2025 2024 Cash at bank 168,912 158.301 11 Credltors: amount5 falling due wlthln one year 202S 2024 Trade creditors 286 2,159 Attruals 2,136 10.845 2,445 12 Off-balance sheèt arrangements Subsequent to the year end, in November 2025, the chariEy disposed of an investment property- This is a noD-adjusting event under FR5 102 and the Ch?rities SORP, as the disposal occurred after the reporting date. Accordingly, the transaction has not been reflected in these financial statements. The proceeds and any gain arising will be recognised in the financial statements for the year endin8 31 March 2026. The property was sold for proceeds ol approximately £627,000. which will expert to generate è gain of £277,(. Page 15
The Deptford 5t Paul Charity Note5 to the Flnancial Statements for the Year Ended 31 March 2025 Icontinuedl 13 Funds Other recoonlsed gainslllosses) Balance al I April 2024 IrKomin¥ rèsources Rèsources expended Balancè at 31 March 2025 Uthrestrlrted funds General 1,505,933 62,292 58,5831 2,965,CM)O 4,474,642 Endobyment fund5 Expendable 796,279 137,101 759,178 Total funds 2,302,212 62,292 158,5831 2.927.899 5,233,820 Other Resources recoKnised exptndtd ialnslllosses} B313ncè at 31 March 2024 Balance at I Aprll 2023 Incomin8 resources Unrestrlcted funds General 1.496,654 45,619 136,3401 1,505,933 Endtswmentfunds Expendable 730,184 66.095 796.279 Total funds 2,226,838 45,619 136,3401 66,095 2,302,212 The specific purpose5 for which the funds are to be applied are 35 follows.. Expendab endowment fund - Gains and transfers represent balance held in CQA Investment. Page 16
The Deptford St Paul Charlty Notes to the Flnanclal Statements foi the Year Ended 31 March 2025 (contlnuedl 14 Analysls of net assets beh¥een funds Current perlod net assets between funds Unr•strlrted General Endowment Expendable Totsl funds Fixed asset investments 4,255,OLK) 230,487 110,8451 4,255,000 989,665 110,8451 Current assets 759,178 Current liabilities Total net assets 4,474,642 759,178 S,233,820 Previous period netassets between funds Unrestrirted General EndoTMnent Expendable Total fvnds Fixed asset investments 1,290,OC 218,378 12.4451 1,yJ),l 1,014,657 12,4451 Current assets 796.279 Current liabllltles Totsl net assets 1.505.933 796,279 2,302,212 15 Related party transactlons There were no related party transactions In the year. Page 17