HATFIELD & DISTRICT AGE CONCERN FRIENDSHIP HOUSE Independent Examiner's Report to the Trustees Year ended 31 March 2025 I report to the Trustees on the accounts of the Trust (Charity number 2466891 for the year ended 31 March 2025, which are set out on pa8e5 4 to 6. Responslbllities and basis of report As the charity's trustees you are reswnsible for the preparation of the a¢[$t$ In accordance with the requirements of the Charitie5 Art 20111"rhe Act'l. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 All and in earrying out my e¥amination I have followed all the applicable Directions Biven by the Charity Commission under section 14515llbl of the Act. Independent e¥amlner's stim•nt I have completed my examination. I confirm that no material matter5 have come to my attention In connectlon with the examination which gives me cause to believe rhat in any material respect.. l. the accounting records were not kept in a¢¢ordance with sertion 130 of the Charities Art,. or 2. the accounts did not accord with the accounting records; or 3. the accounts did not comply with the applicable requirements concernin8 the form and content of accounts set out in the Charities (Accounts and Reportsl Regulations 2008 other than any requiremeni that the account$ give a 'true and fair, view which 15 not a matter considered a5 part of an independent examination. I have no concèrns and have come across no other matters in connection wlth the examinatlon to whlch attention should be drawn in this report in order to enable a proper under5tandin8 of the accounts to be reached. Kelly Stevens ACA Chartered Accountant 8 Stephenson Drive Blshops Stortford Hertfordshlre CM23 2YU Date..
Registered Charity Yumber: 246689 HATFIELD & DISTRICT ACF. CONCERN FRIENDSHIP HOLSE TRUSTEES, REPORT AND FIIJAYCIAL STATEMENTS YEAR E%DF.I) 31 MARCH 2024 Weiifield Close Hatfjeld HertfoTd5hire ALIO OBLI
HATFIELD & DISTRICT ACE CONCERN FRIENDSHIP HOLSE LEGAL AND ADMINISTRATIVE INFORMATIOY AS AT 31 MARCH 2024 MANAGEMENT CO,M.MIThEE Chairman Mr S P RtIl Paddock Hill House Sacombe Cjreen Sarombe H¢rt5 SG12 OJH Hort Treasurer Mrs L Knox 28 Puddingstone Drive St Alban5 Herts AL4 OGY Bankers HSBC Ho*"ards2a¢e Il'elM'I'n Garden Citi. Herts AL8 6BH Regi$¢ered Office Friendship House Weiifield Close H4ifield Herts ALIO OBU
HATFIELD & DISTRICT AGE COJ'CERN FRIENDSHIP HOLSE CHAIRMAY'S REPORT 2025 During the >'ear to 31 March 2025 ihe Friendship House Cenire continued to be operaied and maintained b) Hens Independeni Lii'ing Sern'ice providing man). of the services that we previouslN' proi'ided b), the charit). ai the Centre. A substantial legac!. was left to the charity this vear. Negotiation8 ryth WelM)'n Haifield Borough Council for the fom]al transfer of our lease to Herts IndepL'ndcni Lii'ing S¢n'ic¢ hai'e continued io be d]Icult. We remain veTh' gyraleful io Hcns Independeni Lii'ing Se.ice for their support in enabling the C¢nlr¢ to conlinue to benefit the elderl) of the Il'¢lw)n Hatfield area. S P Ru¥%ell Chairman Page I
4TFIELD & DISTRICT.4GF. CONCERN FRIE.NDSHIP HOLSE REPORT OF THE TRUSTEES The Trustees present iheir report and the financial siaiements for the l'ear ended 31 March 2025. They have been prepared in accordance ith the Siaiemenl of Recommended Practice applicable io charilies preparingy thcir accounts in accordance with ihe Financial Reporting Stsndard applicable lil the UK and Republic of Ireland (FRS I O? TRUSTEES The Trustee of the Charity. during this period was S P Russell Ne. Irustees are rerruiled and appoinied b! ihe exiS1ing irusiees. Trus1¢¢ job d¢5criptlOn5 are circulated in adiance of the Annlial General fvleeiing) ai li hich Trusiees are elected. STRUCTURE, GOVEILYANCE AND MANAGEMEN'T Constltutlon The Charity, is governed under a con51ilulion revised in April 2002 and approved by Ihe Charit), Commission. The Charih. s objeciii'e is io promoie the health and elfare of tlie elderly 'ith117 the prcvious Rural District of Haifield in any manner hICh now or hereaft¢r may be deemed by law 10 be Lliaritable. Risk A85e58menl The Trustees have considered the risks to .hiCh Friendship House is exposed and consider ihat these ill b¢ m itigat¢d bN': Mainiaining 8 Iruste¢ bod). with experience and skills appropriaie for ihe or8anisalion and supern'ision of the actii ities of Friendship House. Ensuring financial s)'siems ar¢ suilabl¢ to ensure funds receiied are properl). se¢ur¢d. spent and reLorded and complN 1% ith Ihe Siatemeni of Recommended Praciice. Statement of Responsibiliti. of the Management Commiltee Arting as Trnstee Law applicable to charities in England and Wale5 requires the Trustees to prepare financial stat¢m¢nts for cacli fiiianiial lear %%'hiLlI gil'e a irue and fair i lei% of ilic cliarits s fiiiaiicial aciii ities durii?g the year and 01-115 financial position at Ihe end of Ihe i"ear. In prepariiig financial 5taieii)ents gii'ii)g a true 2nd fair view. the Tntstees should follo. besl prdclice and.. Select suitable accouniing policies and then applN' them consistentli.; Make jud¥emenis and estimate5 that are reasonable and prudent- Stale whether applicable accoiinling standards and siaiements of ¢0Mme1)ded practice have been followed. subj¢¢l to anTr. departures disclosed and e.xplained in lh¢ financial statcm¢ni5: Prepare ihe financial siaiem¢nt5 on the ¥oin8 concern basis unless li is inappropriaie io presume thal Ihe charity .11] conlinue in operaiion. Page 2
HATFIELD & DISTRICT.4GE CONCERN FRIF.NDSHIP HOL,SE REPORT OF THE TRUSTEES eolltinued The Truslees are sponsible for ke¢prng 2CeOLinting records ,hICh disclose .1th &Sonable ae¢uracy thc financial posilion of ih¢ charii!. and M hich enable ihem lo ascertain th¢ fiJJan¢ial position of the charii). and hich enable ihem to ensure Ihal the financial statemenis Lompl). wilh applicable law and the trusi deed. TheN' are also responsible for safeguarding the assets of the charil), and hence for taking reasonable st¢ps for ihe prevention and detection of frdud and other irregularitieg. OWECTIVES AYID ACTINITIES Friendship House is a Leisure Cenire serving the elderl>, in the Hatfield area with the Vie of providing comfortable surrc)undingis for s¢)cialisinbb. morning cotT¢e. lea aiid subsidised luiiclies five davs a e¢k 'itl) otl)er facilities and actil'iiies io support their independei?ce M ith di¢ coi))munity. Tlie Trusiees haN'e coiisidered the Charit! Commission s bv¢])eral guidance oli public beiiefit Iii relation to tlie objectives of the Charit) li iiliin ihe communil)" and ihis repon s¢is out ili¢se objectives aiid dLs¢ribed holi ihei. hai'e beeii mei in ihe curreni l'ear. ACHIEVEMEI%TS AND PERFORMANCE As a sU11 of Ihe Coi id-19 pandemic ihe Cenire il'as closed in March 2020. Since April ?021 ihe Centre has been operated b). Herts Independeni Lil in¥ SeTrice which has enabled the Centre to coniinue io proN'ide services lo the elderlN' in the local commiLniii'. FII%ANCIAL REVIEW The iThpaLi of ihe COVID-19 pandeiiii¢ i%as such ihai ihe re5er¥'es of ihe chariiN' were e.xhausled and prevenied ilie conlinualioii of Ihe charits"'s aciii'ilies. The finances of ihe cliaril%' hai'e been 5UPPOrted b>, loans from the Trustee pending arrangements io trnnsfer ils lease io Hens Indepeiident Living Service and have now been significantly improved as a result of the lega¢). r¢¢¢iv¢d this J'ear. Si&iiied on behaifof the Tru51ees Vi'eiifield Close Hatfield Herts ALIO OBU Page 3
HATFIELD & DISTRICT .4CE COYCERN FRIENDSHIP HOLSE STATEMENT OF FII%ANCI.4L ACTIVITIES YEAR EPIDED 31 ,MARCH 2025 Total 2025 TotAI 2024 INCOME Legacy 150.000 Donations Tot*1 Income I so.000 EXPENDITLRE Bank charges 61 61 Depre¢iaiion 58 77 SundTr' expenses Total Expenditure 138 Nei excess of Incomell Expendiiure) 149.879 (1381 tkficit broughi forw'ard 9.40? 9.264 Surplusl{DefiCitI carried forward 140.477 9.402 P#ge 4
HATFIELD & DISTIUCT .4GE CONCERN FRIENDSHIP HOLSE STATEMENT OF FIN.4NCIAL POSITION AS AT 31 MARCH 2025 Yote Lnre5trieted Reslricted Gener81 Reserne FuDd Fund Toial 2025 Total 2024 FIXED ASSF.TS 'rangible a%sets 166 170 2?8 CURRF.i%T ASSTS Cash At Baiik Debtors 136.726 5.2?3 136.726 5.223 5.084 5.757 CURRENT LIABILITIES Creditors and A¢¢riials .64? 1,64? 20.471 NET CURRF.YT ASSETSI {LIABILITIF.S) 140.307 140.307 {9.630) TOTAL NET ASSETSI (LIABILITIF.S) 140.311 166 140.477 (9.402) FUNDS OFTHE CHARITY Unrestricted Restricled 140.31 140.311 166 {9,6?4) ?2? 166 Tolal Chgrity Funds 6 140.31 166 140.477 9.402 The accounis %*er¢ appro their Eehalf b).: d by ihe mana¥em¢nt committee on ?8 January 2026 and M'ere si¥ned on P Russell Chaimian
HATFIELD & DISTRICT AGF. COYCEILN FRIE)DSHIP HOLSE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 I. ACCOLJNTING POLICIES General Informalion Hatfield and District Age Concern (Friendship House} 15 a charilable trust established io promote the health and well1n of lh¢ elderl%' bN' pro% iding. serk ices. actii'ities and solial conlacl that Thill assisi them io remain liN'ing independently in iheir own homes. It is regisiered ith the Chariti, Comtnission and its principal place of business is Friendship House. Wellfield Close, Hatfield. Herts. ALIO OBb. Basis of Accounting The 8c¢ounis (financial statements) have been prepared under the historical cost ¢onvention with iiems recobTrnised ai cost or iraiisaclion value unless oihernise stated in the r¢levai)t i)otels) io these accounis. The financial statemenis hai'e been ppared in accordai)ce 1117 tlie Sialemenl of Recommended Praciice: Accouniing and ReTK)rting b} Charities preparii)g iheir accounts in accordance 1th the Financial Reporting Stai)dard applicable iii the IIK aiid RepiibliL of Ireland {FRS I 0*1 issued on 16 Jul!. 2014 aiid the Financial Reporting Standard applicable in Ihe United Kingdom and Republic of Ireland (FRS I O?} and Ihe Charities Aci 2011 The irust consiiiuies a publi¢ benefit entily as defined b). FRS 102 and the r¢portin8 currency is GBP. Going Concern As a result of ihe impaci of ihe COVID-19 pandemic on ihe fiiiai)cial position of ihe charity the Trustee considers ihai il is not pnjdent to prepare ihese accouiits on 8 going conceni basis. Income Recognlilon Income is recognised when the charity. is legall% eniiiled lo il after An). perforniance conditions have been met. the amounts Can be reliablj. measured. and li is probable that income will b¢ received. Expenditure Recognition Liabiliiies are recogni5ed as ¢xpendiiure as soon as ihere is a legal or conslructiv¢ obligation committing ihe charil). lo Ihal expendilure. it is probable Ihai settlement 11] be required and the amolint of the obligation can be measured reliably. All expenditure 15 accounied for on an a¢¢ruals basis. Restricted Funds Restricted Funds reflect th¢ written dowm s"alues of the sun lounge and iniegral fixtures which are unlikely io be realisable al Iheir earrying values. Page 6
HATFIELD & DISTRICT AGE CONCERI FRIENDSHIP HOLSE OTES TO THF. FINANCIAL STATEIE,Ts (Cont'd...) YEAR ENDED 31 IMARCH 2025 ACCOUliTING POLICIES CODt'd Land And Buildings In accordance with the Charities SORP. land and proFtrt)' used for chariiable putpos¢s has not been revalued. Hoiiever. Ihe Sun Lounge is shown at cost less depreciaiion. Depreciatiott and Fixed Assets Ass¢ts M ith a cost of less tlian £?.000 are ii'rillen off in th¢ %'¢ar of acquisition. Other assets are depreciated oier the expecied useful lil es a5 sei oui beloii.: Land and buildings I /0 on Cost Equipment 25•/0 on net book value Siin Lounge ¢xiension ?5•/o on net book N'alue Cash Flo The financial statements do noi include a cash floii slaiem¢nt because ihe charity.. as a sinall reporting entit>.. is exempi from ihe requirements to prepare sucl) a sthiemei)t by N irtue of its early adoptioii of Llpdate Bullelin l of ihe Cliarities SORP IFRS I O? Financial inslruments The Charil) onl!. enters into basic financial instruments Irai)sa¢ti0l)S tl)ai are iniiially recognized at Iransa¢iion value and subsequcntl%' measured ai their selllemeiit i'alue. Cash and Cash equii'alents Cash is represented bi cash in hand and dery)sits "Ith financial inslitutions repayable i¥'ithoul penalt!. on noiice of noi more than 24 hours. Cash equivalenls are highli. liquid inieslmenls that Iiiature in no more ihan ihree months from the date of a¢quisition and that are reudily convertible lo known amounts of cash M'iih insignificani risk of change in value. 2. STAFF The charity, cmplo>'ed no staff durin8 the )'ear (20231?4 none). 3. GOVERNAYCE COSTS The Trustees did not claim anv exn5¢S or re¢¢ii'e or waii'e an!. remunerdlion during ilie year. P2ge 7
H.4TFIELD & DISTRICT AGE CONCERN FRIE.NDSHIP HULSE YOTF.S TO THE FINANCIAL STATEMENTS (Cont'd...) YEAR EI%DED 31 ,NIARCH 2025 FIXED ASSETS General Resen'e Fund Fund Fixiure51 Sun Fittings Lounge Reserve Fund DIsh*sher & Boiler 2025 Total 2024 Tolal COST At l April 2024 Addilioiis At 31 March ?0?5 36.614 23.778 10.565 70.957 70.957 36.614 23.778 10.565 70.957 70.957 DEPRECIATION At l April ?0?4 Charge for )'ear Ai 31 March 2025 36.608 23.722 14 23.736 10.399 70.7?9 58 70.787 70.23? 77 70.7?9 36.610 10.441 NF.T BOOK VALUE At 31 March ?0!5 42 124 170 228 CREDITORS 2024 Loan by Tru51ee Accruals Sundrv creditors 1.642 20.171 300 1.64? 90.471 nreslricted General Fund Op¢ninbi balanli ai l April Incoming Resources Legacy received {9.624) {9.5611 150.000 Oulgoing Resources Centre costs Depreciation (63) (?) 1611 140.31 9.6?4 Re5trieted Fund$ Net book ialue of sun lounge at l April Net book value of diShash¢r and tK)iler at l April 56 166 222 75 222 297 Outgoing Resources DepreLiation on Sun lounge Depreciaiion on di5hwa5her and ne boiler (14) (42) (19} (561 As at 31 Mar¢b 166 22? Page 8