THE ST. JOHN'S WOOD SOCIETY Charity Registration No: 232270 FINANCIAL STATEMENTS for the year ended 31 MARCH 2025 Websters 12 Melcombe Place Marylebone London NW1 6JJ THE ST. JOHN'S WOOD SOCIETY TRUSTEES AND ADMINISTRATIVE INFORMATION TRUSTEES: Listed on page 1 BANKERS: Barclays Bank pl Sl. Johns Wood & Swiss Cottage Branch P O. Box 2764 London NW3 6JD REGISTERED ADDRESS: P.0. Box 20586 London NW8 OZU INDEPENDENT EXAMINER: Websters (Chartered Accountanlsl 12 Melcombe Place Marylebone London NWI 6JJ CHARITY NUMBER.. 232270 THE ST. JOHN'S WOOD SOCIETY-TRUSTEES President: Ms Jane Leaver Hon. Chaifman.. Ms Linda Ta9gart Hon. Vice Chaimian: Ms. Virginia Newman Hon. Treasurer- Ms Laurence Lecacheur Hon. Secretary: Ms Jane Treharne Jones Committee Member$: Ms Chrisline Cowdray Mr Matthew Cragoe Mr Sanji de Alwis Ms Christina Diamanti Mr James Hewitt Mr Daniel Poser THE ST. JOHN'S WOOD SOCIETY Registered Charity No 232270 ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are pleased lo present their Report and Financial Slatermenls of the Society for the year ended 31 March 2025. Details of the Trustees who served during the year are shown on page 1. ORGANISATION STRUCTURE The TrusleÈs (who comprise the Executive Committee of the Society) meet regularly and are respDnsible for the strategic direction and policy of the Society. They have a variety of professional backgrounds relevant to the work of the Society. OBJECTIVES- ACTIVITIES The main objects of the Society, as sel out in its "Constitulion.. are as follows.. To encour3ge high standards of architecture and town planning in St John's Wood. To stimulate public interest in and care for the beauty, history and character of St John's Wood. To encourage the preservation, development and improvement of features of general public amenity or historical interest in St John's Wood dnd improve its social and cultural wellbeing. To oppose by any ieasonable means available to the Society any development in any part of St John's Wood, which in the view of the Society would detract from the beauty. history and character of that part or from its features of general public amenity or its historical interest. The Society strives lo foster a close working relationship with other local amenity groLJPS. FINANCIAL REVIEW The Executive Committee reviews the level of income and expenditure and performance of the investments at regular meeting5 held during the year. As shown on page 5, the financial activities during the year resulted in a net surplus of income over expenditure of £7,09012024 £3.968). The principal funding sources for the Society are by way of membership fees, advertising and investment income. The trustees actively seek to increase the number of members in pursurt of the Society's objectives. The Executive Committee, which meets regularly, examines the Society's requirements for reserves, on a regular basis and in the light of the main risks to the Society. The Society adopts a prudent approach to the management of its financial reserves, combining cash savings and charitable equity Investments. Ils policy is to hold reserves sufficient to cover at least two years of recurring administrative expenditure. ensuring resilience and continuity in delivering its charitable objectives. Any requests for grants are reviewed on an individual basis by the Committee THE ST. JOHN'S WOOD SOCIETY Registered Charity No 232270 ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES AND EXECUTIVE COMMITTEE Charity Law requires the Trustees to prepare Financial Statements for each financial year. In preparing those financial statements, the Trustees are required to select suitable accounting policies and then apply them consistently.. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any time the financial position of the Charity and lo enable them to ensure that the financial 5talemenls comply with the Charities Act 1993., They are also responsible for safeguarding the assets of the Charity and hence lake reasonable steps for the prevention and detection of fraud and other irregularities. INDEPENDENT EXAMINER.. The Charity has approved D.J.GODDARD ACA lo be independent examiner. Approved by the executive committee on 2 July 2025 L.Taggart L.Lecacheur REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF THE ST. JOHN'S WOOD SOCIETY I report on the accounts of The Sl. John 5 Wood Society for the year ended 31 March 2025, which are set out on pages 5 10 7. Respective responsibilities of trustees and examiner: The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 Ilhe Charities Act) and that an independent examination Is needed. 11 is my responsibility lo.. examine the accounts under section 143 of the Charities Act to follow the procedures laid down in the general Directions given by the Charity Commission (under section 14515llbl of the Charities Act and, to stale whether particular matters have come lo my attentio Basis of independent examiner's statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination Includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts. and seeking explanations fiom the Iruslees concerning any such matters. The procedures undertaken do not provide all the evidence that would be iequired in an audit. and consequently no opinion is given as lo whether the accounts present a 'lTue and fair. view and the report is limited to those m8tters set out In the statement below. Independent examiner's statement In corFneclion with my examination, no matter has come to my attention.. which gives me reasonable cause lo believe that in, any material respect. the requirements.. to keep proper accounting records in accordance with section 130 of the Charities Act., to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act. have not been mel. or to which. in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: D.J.GODDARD ACA, 12 Melcombe Place, Marylebone, London. NW1 6JJ Dated.. 23 July 2025 THE ST. JOHN'S WOOD SOCIETY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 31.3.24 Unrestricted Unresrricted Funds Funds RECEIPTS AND PAYMENTS ACCOUNT Receipts Voluntary Receipts . Subscriptions 13,108 11,874 Donations Advertising Events 286 13.225 7,176 416 9,400 1.033 Investment Income . Charilund Units - distributions 3,502 3,063 Total Receipts 37,297 25,786 Payments General activities of the Society Magazines, including despatch costs Consultancy re SJW park Churchyard gate design & CIO project 14,457 11,921 1,335 3,000 Other Expenditure . Website costs Events costs Advertising and marketing Membership management costs 771 7,283 759 2,115 784 878 2,188 Management and Administration General office expenses Accountancy fees Insurance 1.306 690 1,491 967 690 1.390 Total Payments 30,207 21,818 Exce$$ of Receipts over Payments 7,090 3,968 Gainlllossl on inveslmenl asset '. unrealised 2,216 {965) Assets retained for Charity Use at 1 April 119.291 116.288 Assets retained for Charily Use at 31 March £128.597 £119,291 THE ST. JOHN'S WOOD SOCIETY FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 31.3.25 31.3.24 Unrestricted Unrestricted Funds Funds STATEMENT OF ASSETS AND LIABILITIES Investments Bank Accounts Debtors Ac¢ruals 54,066 74,898 9,334 19,701) 51,850 68.220 8.104 18,883) £128,597 £119,291 Assets retained for Charity Use £128,597 £119.291 Approved by the Executive Committee on 2 July 2025 and signed on their behalf by.. Laurence Lecacheur Hon. Treasurer and member of the Executive Committee The attached notes form part of these financial stalements. THE ST. JOHN'S WOOD SOCIETY NOTES TO THE FINANCIAL STATEMENTS TO 31 MARCH 2025 ACCOUNTING POLICIES .. lal Basis of Accounting The financial statements of the charity, which is a public benefit enlily under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charilies.. Slatemenl of Recommended Practice applicable to charities preparing their accounts in ac¢ofdance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102lleffective 1 January 20151. and Financ121 Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. The financial statements are prepared under the historical cost convention, as modified by the inclusion of fixed asset investments at market value. Ibl Investment Income Investment income is included in the unrestricted funds when received and there are no restrictions on ils use. (¢1 Investments Investments are included in the balance sheet al market value. Realised and unrealised gains and losses are included in the ullreslricted funds. Idl Funds The unrestricted accumulated fvnd is available for use in accordance wilh the aims of the society. INVESTMENT . The investment, shown below, is held to enable the society to fund its aclivilies as and when needed 11 is quoted on the London Stock Exchange. 2025 2024 The Equities Investment Fund for Charities I"Charifund"I 3,561 Income Units Market value at 1 April13.561 units) Add .' Unrealised gainl(lossl for the year 51,850 2,216 52,815 19651 Market value at 31 March (3,561 units) £54,066 £51,850 Historical cost at 31 March £27,024 £27,024 TAXATION . As a charity. the Society is exempt from tax on income and gains falling within s505 of the Taxes Act 1988 and s256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils charitable objects.