REGISTERED COMPANY NtiMBER: 01202541 (ED￿m￿d and Wales)
RECISTERED C￿4R[Ty I¥UMBER: 269325
Report of the Th￿tee% and
Financial St4teA*nt$ for tbe Year Ended 31 Mor¢h 21126
for
Nucleu8 CoDNnunityAelion Ltd
Grallt Harrod Lerman Davis LLP
Chartered A￿Ountallts
Statutory Auditor5
Second Floor, Kirkland House
11-15 P¢t¢rborough Road
IlaErow
Middlesex
HAI 2AX

Nuclcws CoullRullity Acdott Ltd
Conteftts orthe FIDallci*I Statements
ror the y￿r ended 31 Mar¢b 2026
Page
Report of the Trusttt5
I to 8
Report of the IDdependeDI Audltors
9 to 12
Statement Df FlnanclalActivttl¢s
13
Bilante Sheet
14
Flojv St4teoJe
15
Notes to the Cash Flow Statsment
16
Notsy to the Finatsel￿ StAt¢m¢nts
17 to 23

Nucleu5 Aetton Ltd
Ktport ofthe Tru$te&¥
for the y¢4r ¢nded 31 March 2026
The Tnth¢es are pleased to prcscnt their annual report, tO8ether with th¢ fitiatic1￿ statements of th¢ CbaTity for the year
ended 31 Marcb 2026. These have been prepaTed to nK¢t the requirements of a dir¢etorg' re￿)rt ill accordan¢¢ with the
Comp4ni¢s ACL
Th¢ fi0&￿1￿1 stAt¢ments comply with the Tharities A¢t 2011. the Compallies kn 2006, the ￿arI￿S Merrrftrr8llduJn and
Articles of knciati￿ al￿ the Str￿Mellt of Recommended Pr￿lice.. Aceoullting and R¢portillg by Charilies (SORP).
applicable to cljarities preparing their accoutts in accordance with Financial Reporting Stslldard 102 (FRS 102).
ffeCtI￿ l January 2015.

Nuelèvs Conununlty Acthbll Ltd
Report of the Trustees
for the y￿r eDd¢d 31 March 2026
Th¢ Charitys mission 15 kn ethicate. infom¥ and advise useTS. lkn obi¢dives ere to combat poverty through edwatio
and by providing ¢xpcrt access to advice and assis6in¢¢ iti areas of social Welfa￿ law.
Ow approach itivolves actively engaging vu]nernble clients in asse6sing their probIen￿, con8id¢TiDg tkir oplioTh%
advisiog them ou thc lik¢ly consequences, and supporting d*rn to choose the bestway forward.
There bave been no ¢haD8e8 to our objectives or appro*b during the year.
Wc believe this appT0￿h cDabl¢s and empowers 5¢TVi¢¢ us¢rs to take a centrdl rok in decisioL4 that aff¢ct th¢ir Jivey,
whil¢ also supporting them iti crealing plgns to addr￿$ imn)ediate and long-twn issue5.
The Role *lld Contrlbudon of Volllnteerg
Volunkets, ille1￿lIng law sthdents and university placements. continue to p]ay a VAtal mle in delivering our work at
bieving our Obj¢ctive4part￿IY over the past f¢w y¢ars.
We rely on the ti￿e, skllls, and pa&8ion for y)cial justtce tbot volunteers bring to All Are￿ of the organisatioti And eyery
D￿1￿8 the year. OV￿ 100 volunt¢ers supported our 5¢TVi¢¢4 vffjrking alongsid¢ paid staff aeross all areas of th¢ ¢lJarity.
Our m3ntra h&s always been to provide the rigbt advice at (be rigbt ¢im¢- de￿"Vered by pwle who understand both th¢
system and thc of lo¢al coJnmwtie5. We just resolve wgent ptobl¢rns' ￿ tacklc th¢ ullderl?in8 i&wes that
drive povety and hardship.
All of ¢)ur gervices are delivered in paTthersbip - whether 5tatytory bodies like RBKC Housing Needs or tbrough
voluntary n¢tWQTks such Ls tkn Ea]ing CorLSOrt1u￿ and tlLe HtllillgdoD Advi¢¢ PaTtr¢rship. Tosether. a greater
Housitig suitability. affordability and avaitsbility hLq ren]ained a5 the i$$ue for kjcal people.
Rrnts are hi￿ aThl conditioDS gre sub standard for the 21st ￿lltllry.
The liellt Reforni Act offers some hope for more Security and some additional oversigbi by R¢A¢ Tribunals. Jn the
longer tetm w¢ hoF¢ it brill88 a measure of security.
In th¢ short tern) we have wiknes5¢d a ma&sivo ijKreasc iti 18ndlords s21 or oo fault evt¢tions to move out
'undesirabl¢' ￿'loW profit" tenants.
In the wming year we expect evictions to b¢come more complicatcd as landlords not having ￿¢$8 w a "no fDult '
ryctionbav¢ to have grounds to evi¢L
We 41so bopo to s¢e ¢ouncils using th¢ir PQ7WErs to ta¢k]e rogK l*ndloT& and properties in disr¢pair.
We look forward to workitig with lo¢al authorities in th¢ ¢oming year to belp protect tbe most vulnerable aDI help lo¢al
housing lo iwiove tbe qualiry of housing for I￿1 people.
Ovcr th¢ decade liw in Lotsdo￿ espwially Childre￿ bas be¢om¢ Ancr¢asingly diffi¢ulL
Meanwhile, the so¢ial welfare sysiem-intended to provide & safely nei durin£ times of crisisaFkas become increLqingty
in2dEquate. It is often slowto r¢spon￿ and when SLWOrt do￿ arrivG li is frequently iDsuffi¢i¢tst and delayed. For those
who d¢peTrJ on it for nMe thall a brief pcriod. financial Iwdship Can quicLdy ¢scalate into debi and. tw Oft¢￿ l¢)ng-temi
poverty.
Our projects rnngc from spccialist WO￿ and rcwcssioti Tti De￿ Welfare Rights and Housing to parinerthp
working across West L£sndon.

N4rleus ConunllDIty Actloll Ltd
Report of the Trnstees
for the yeAr ended 31 Mar¢h 2026
The Hillingdon AdTrice Parth¢rsl]ip, led by Age UK HillIngdo￿ Hamiw & BrenL aloD8side DASH (Disability taghts).
Bell FaTm (Migrant Wts), and Nucleus. Our rol¢ is to provide specialist bou51￿8 and debt advice wtiilt sbatiug our
expertis¢ to strengthen Partt￿ShiP'S capacity and capability.
tn th¢ coming year we will play a leading rolc in work to prevent lLon￿lessneSs, help p¢opl¢ become Debt Free an
hop¢fully. hElp build a resilicnt Con]m￿ty.
In Kensington & Chelsw w¢ are a k¢y of the KC Advice Patinerthp. delivering srKcialist advi¢e on housin&
debL benefjts. and utility ￿.
In K&C, through our work ￿ partners in Th¢ B￿oll Pannership. we plan to dev¢Eop & ll¢w model for residents of the
World's End Estate to help resid¢n¢s llwke long terni in4)rovements to their live$ aud iife cl]ances.
tn Ea]1￿ as part of the EaliDg Advice S¢rvi¢¢ led by Ea]ing Menw. Nucl¢us ¢ontinues to prnvide vital frotitline
suppor4 iftelllditig expert triage and initial assc$sments, Alongside & specialist benefits appe21$ service.
As a local trusl¢d partller we plan to build on our award wAnn1￿ Lido servicc to ¢reat¢ an effective to belp local
r¢sidettts break out of pov¢rty and build skills to lead more indepettdettt live8.
We build strong part[￿ShipS. provide expert bousiDg and debt ￿ViCe. and deliver commuwty-led support ￿ere it's
needed n￿St- and help people th dwisions and take control ofth¢ir liv¢s.
Pubme benefit 8¢atem¢nt
In ghapillg our objectives for the y¢8r and plallning our activities. tb¢ trnslees hLve eons&dered the Cbarity Cotti￿l￿10￿,S
guidance oll public b¢oefil including the guidance 'pubiic beneflt.. a cbarity IPD2}. The acl)ievements and
activities above de￿Dstrdtc tbe publi¢ ben¢fit arising through th¢ Charity's activities.
STRATEGIC REPORT
Flnanefal posltlon
The statmwt of Financia] Activities showed a net surylws for the year of £149.054 (2025- £62JI2) a￿1 total T¢￿¢8
at the year-eDd stand at £1,328,767 (2025 - £1.179.713). At th¢ y¢ar end the free r￿ry¢S ¢atti¢d fonvard excluding
tatigible fixed assets tothlled 10 £462.991 {2025 - £396.876) of svhich £347.000 (2025 - £347.000) was desigDQted to
buildinB maintenance, fi]rniture and equipment, stsff contingency alld computer d¢velopmenL Restricted ¢aNi¢d
fonvard tots11￿ to £577.893 (2025 - £484,195).
The Cl)arity endeavows to on a balkneed budget in delivering tb¢ vatiow activities carriwj out byNwl¢w.

Nllcleu CommuDIty Action Ltd
R¢pDrt of the Trustee$
for th¢ year ended 31 March 2026
STRATEGIC REPORT
PrlDclpal risks and wneertalntle8
Th¢ Dlrectors and T￿￿S havc id¢Dtified the n)ajor risks to which th¢ Charity is expos￿ aud are confident that
appropriate 5ySt¢ms iti place to n)itigat¢ thosc risks. The akaritys OrgaDisational Risk Assesstncnt has been
The Cbarity makes limited use of financial instrumcnts Ixyond all operational bank ￿Ourtt and at] illve5tmcnt in a
comoion invcstm¢nt fim& Aq suctt its exp05ur¢ to pritt risK credit risK liquidity risK and casb flow risk is not material
to the auessment of its assets. liabilitio financial wsill0￿ or fjnauctai p￿f0M￿Lce.
The nHill risks to OUT ability to d¢livcr effective se￿I￿S t}￿t *kle the root causes of poverty illrlude:
- Failsng to ¢ffcctively commut)icate the danwging irnpact of poverty oll illdividuab and eornmuniti¢&
- Not developing irnaginative, aecessible, and responsive services.
- LA)&g of skilled And experienced staff.
- A dccliDC in th¢ quality and cottsistellcy of our s¢rvic¢ stattdarth.
- Failu￿ to ￿a￿age costs or c¢)ntrol ¢xpetth"ture.
- Losing the sUPPOrt of key fillthrs.
- Not putting clients at the centre of everything we do.
The Tru￿¢t5 a￿1 DiTC¢tor have takell proactive stw to adthss and mitigdt¢ th¢se risks.
A key ex(ernal tisk for a independent organisation sucb ¥ ows is over-reli8nce on grants, Contrac￿ or fl single
funding source. We are actively working to diversify our incom¢ and $tr¢llgtben strategic psrtllerships to reduce thi$
Vuln￿1]ity.
Mlnlmlslttg Rlsk and M4ximisiDg Imp*¢t
At N￿1¢￿8 w¢ work to risks by..
. Diversifying our funding base and njaking fAr￿al ¢o$tiD8 V￿rk for us.
- Focusing oll the necd5 of iK>th clients and funder5, while drawing on Ixst prdctice and prof¢$5iollal exF¢rtise.
- Strdying wunded in our charitabk aims and actively ¢knll¢nging ours¢lv¢s to rem&in effectivc and r¢levanL
Slaylng True to Our Cbarft&ble Alms
We believe the key to achi¢ving our ¢bATitable aiDk8 is".
- Kwing user lleeds centsal ts how we o>de8ign and develop servi¢¢s.
. EJ]suriDg w¢r input is embedded across the orwisatton by engaging local ¢on]muth¢$ and eD¢oufdBiJ]g regular
fEEdback
. Mllintsinjng a transparenL Coliaborntive apprO￿h in all out work
Vaiukng People and Buitditig a Strong Team
W¢ reoognise that the passion and conunitlnent of our stsff al￿ voluDteers is cetstral to our su¢¢e&s. Retaining go￿1
people is an ongoin8 chaltenge in the charity swtor. and we are conMJittcd to doing our pa
We aim to..
- Pay fair and reasonable wage& striving to njatch market levels wh¢r¢veT W)ssible.
- Ensure thai 811 stsff are paid at least the London Liiing Wage.
- Continually improsE tern]$ and ¢onditions to attrart and Trtsin pcople from diver5¢ backgrounds call help us
de]iverow missioll.
- EmbTace hybrid working to support stsff wellbeillg and enable a healthy work-lifr balance.
PrinclpAI Fwndlng Sourees
Nucle￿% receives fimding from 4 TAriety of sources. as detsiled in Notes 2, 3 a￿1 4 of tbe accounts. These illch￿e
5tatutQry Lljnding. grants froln chariLibl¢ trusts and Comn￿l&l orgaT]isatioDs. The charity a]so rnises fjjnds through .
umber of spotwr¢d initiatives.
We are Proud to havc developcd a broad fiwdingb&8¢ 10 8UPPOrt ouractivitie5. Our SJttder8 include:
- The Royal Borough of Kensingtoll and Chelsea
. Th¢ Call¥dell Charlties
- The London Borough of Ealmg, including via Co￿50rtiuM lead Eakng Mencap
- Money and PeTrsioDS Adviee Sernce ILkb( Free Advice)
- Londotl Legal Support Trust
L_l___

Nucleus Communlty Aetloll Ltd
Report of the Trustees
r￿r th¢ year ended 31 March 2026
SllL4TEGIC REPORT
- H¢try Smith Charity
- City Bridge Tr￿st
- HilliDgdon Advice Partnership
- Greater London As8¢￿bIY Mayo¢s Fund
- Julia and Halls Ra￿]llg Tn￿t
- K + C Foundation
We $inc¢r¢ly thank everyone for their colltinued supp)rL Without their eonllllitment and ul￿erstA1￿lng of tbe isyue8 W¢
addrws, w¢ would not b¢ abl¢ to deliver our work.
Several key fi￿dIll￿ streams. iocluding funding for core services such as housing Advic4 are due to c￿1 within the llext
12.24 months. At the ttme, our three local authority pathrs e4)lltillue to fa¢¢ SI￿l[le#llt fitw)cial preswres
r¢sulting from the Fair¢T Funding Settlement alld ill¢reasing demand and wsts associated with hom¢kssness. This
create5 a height¢tt¢d risk to the reoewal of cxistiug Lontracts and futtTe fi￿dIng,
Th¢ potcntilll inwact is reduced income, affccting the sustainability of eote serrices and overall fJnaDcial re5iliellce. We
11 rnitigatc this risk by n￿Ill￿1￿10g heahhy fiDall¢ial reserves to uJaw¢ bhort-terni gaps, strewkning
strategic re]ationships with funders and con￿l&s1Oners to support contract ren¢wals and fijttre inv¢slm¢nL and
continutng to work collaboratively fimders to improve service quality and value for mon¢y. Thi$ includes extendiDg
our modernisation progrdtt]n￿ and uslng iDitiative5 wh &g Wyser ASSIST to thive ￿ater efficiency. effectiveness and
seThice iunovation.
lllvestment Powers
Under the Mellxjratth and Articles of Associatiou. the Clwity kn the power to invcst in aDy Vdy the Trustees d¢¢
appropriate. The Charity endeavows to rnaximiy¢ itteolne tl]rough etTeetive of its free financi￿ r4source&
Ruerve8 Poll¢y
The Directors and Trustees consider it pn￿ellt to fDaiDtaitt an ad￿uate level of ut)restricted reserves to cover the
Charitys eontracttMI COD]Trritm¢nts atLd provide sufficient worknDg eapitsl. A m]DID￿ reserve level of between three
and ninc rnQDtbs' expendittire has been s¢t. This approach supports our indrpertdet￿c by eDabling u8 to:
- UnderwTite new pn)je¢ts
- Protect existing serrices
. Provid¢ initial fjjnding (.p￿p ptiming") fc*r work
St*ff Remuner*tiott and Emerglng Rl8ks
The Directors attd T￿tee8 have identified tbe availability of adequate dlrect and indireci eonwensation growitig
risk to service d¢liv¢ry. While Nucleus has traditionally remaill￿ ¢omp¢titiv¢ by offering indirect benefits-such as
flexible working arraogemcnts, P8rtieularlyaroulld hotU¢WQTkillg and caring responsibilities-this landsL2P¢ 15 ¢hanwg.
a pro￿ssive anti-poverty clwity, w¢ b¢lieve that acting as a ￿0dE[ employer is ¢¢lltral to out mission. W¢ are
con)mitted to ¢ontittually reviewing and proteciing staff rights and remuneratiorL The Tn]ste¢s Teaffim their
committllent to developing and maintaining fair and sustawble direct and indirect coll]p¢nsallon for all staff.

Nucku5 Cowmlllllty Aetlon Ltd
Report ofthe Trnsteos
ror th¢ year ended 31 MArcb 2026
STRATEGIC REPORT
Future plans
Th¢ n¢¢d for our $¢ryices is greater th￿¢v¢r.
A recent Teview of dem￿ over the post three years showB a dtatrotic rise in the of ￿lple tiiming to us for
help..
- Debt advAce ellquirie5 have iDCTeaKdby 231ts
- Housing advic¢ ¢n(DJiri¢s have iller&￿ed by 2120
- Welfare benefits advice enquilies have increased by 211*/0
This surge Tefiects a broader trend.. fartw many LA)ndoncr5 ar¢ IiviDg in precarious and iDY¢aW¢ condittons. Low wag
coupled with ljigh bousing rosts, mcan housiDg bas becotn¢ inu¢asingly unaffordable. On average. our clients are
spending 4(PA of their income on housi￿ with nllny forced b) divert money away from fo￿1 and heatsllg just to k¢¢p a
roof over th¢ir beads.
Our cli¢nt tells us that people waDt to rrgain control of their lives- Dot only by accessing supporL but often by
building the resilienc¢ to avoid needillg it. What they consiltently gay they D￿81 15:
- Affordabk ]WUSillg
. A d¢cent in¢ome or wa8¢
. Fr¢edom from debt
Our Con]milment for th¢ Year Abead
tn r¢spoDs¢, Nucleus will confinue to grow and adapt our services to ts¢ki¢ povryty and its ¢ffwts I￿ad￿)ll. We are
cortjtllkttgd to:
- Delivering abolistic advice service that integrates IN)usillg. debL and welfare benefits support
- Building strong partr¢rships al￿ cimsortia across the statytory alld voluDtary sectors
- In4Jrovin8 OUtcot)Ks for people facing cornpl¢x cljallenge& e5peciallythos¢ with health CQDditi¢)Ds
By WOTktng collaE*)ratively and fo¢￿sIng on people's real Deeity wè aim ￿ help our¢lients move fromcrisis to sthbility -
and toward8 amore hoP¢fi￿ ful￿
Charitable and poiltical donatloDS.
During the year the C]]arity made rrfy]ili¢al or clwitsble donAtiODS.
Governing document
The clwAty is controlled by its governing documen( a deed of Intst. and constitute5 & limited ¢otw)any. limited by
guardDtce. ag defined by the Con]pani¢s Act 2006.
REFEREYL CE AND ADMINISTRATIVE DETAILS
Reglstered cou￿4￿Y rtumb¢r
01202541 (England and Wales)
R¢gtstered Ch4rlty nuJDber
269325
REgl8tsred offlce
298 Old Brompton Rd
Earls Court
LoDdon
SW5 9JF

Nucleus Cornmulllty Artion Ud
Report of tbe Trustees
for the year endtd 31 March 2026
Tr￿tee5
R W A]lan
C Dollknh
CEd
CGen
J R Hi%ock
D Murdie
Mr8 A NizaTrPoubkn lappotnted 1.7.2025)
Company Serret*ry
B Badesha
Auditors
Grant Harrod Lern]an Davis tI
Chartered kncountants
S￿￿toryAllditQrS
S¢¢ond Floor, Kirkland House
11-15 PetertM)rough Road
Harrow
Middlesex
HAI 2AX
STATEMENT OF TRUSTEES. RESPONSIBILTfiES
Th¢ trusi¢¢s (who are also the of Nucleu¥ Cot]Jmutiiry A¢tion Ltd for th¢ purposes of company law) are
reSpo[￿1b]e for preparing the Report of the Tr￿leeS and the flltstt¢ial 8ta*ments in accordance with applicabl¢ Iaw and
United ￿dorn Ac¢ouDting Statthrd8 (United Kingdom GenerallyAccepted A¢¢oulltingPractic¢).
Company law requires the t￿￿5 to pw fJnanct81 statenmts for fin￿la1 year. Under that law, thc Irustees
bave ekcted to prepare the fina￿181 statsTtThts in accordance with United Kingdom Generally A¢eepted Accoutttitig
Practs"ce (United KiDgdom AceoU￿1ttg Standard& andappb'cable law).
ut￿¢r compally 18v/ the trustees must not &pprov¢ the fiJw)cial thtcm¢nts uDless tbey Ste satisfied that they give a
and fair view of the state of affaiT5 of the Charitable company and of the incoming resowces and application of
iesouLtes, i￿lUding the incolne attd expendittwe. of thc ¢baTitable company for that period. In prepariDg those tsncial
stat¢nKrnts, the bustees arc trquircd to
select suitable a¢countiDg plicies and then Apply them cottsistently,
observe tbe methods and pri￿1p1¢S iti the Charities SORP.
D￿k¢ judgwDuts and estitnates that aT¢ raSo￿able ￿ pnthDt
prepare the flnancial Statrrn￿ts on the going ¢ollc¢rn basis unless it is inappropriats to PTe5ume that the elwitable
OtDpauy will continue ID business.
The trustees are responsibl¢ for keeping proper a￿OuntIng rrcords which disc105¢ reasonable accuracy at any tine
the financial position of the charitabl¢ ¢ompany alld to enable thcm to ¢llsure that the flnancial statenwits comply with
the Companies Act 2006. They also r¢sponsible for safeguarding the assets of tk charitable company and hence for
taking reawnable step8 for the prevention and detection of fraud 2nd otP￿r irregularili¢s.
In so far as the trustres are amwe:
there is no relevattt Audit illforn)ation of wbich the clwitable compaDy'8 auditors are unaware: and
the trL%tces have tsken all steps that they ought to have taken to make thellks¢lv¢s aware of any TeLevattt audit
inforTDation alld to establish that th¢ auditOTS aye aware of that ]Dfor￿atiO
AUDrroRS
The auditors, Grant Harrod L¢Trnttn Davis LLP, will be proposed for reThappointment at th¢ foTlheotning Annual Gelle￿1
E*Ieeting.

Nucleus COMMU￿lty Aedon Ltd
Report of the Trustees
for the year eDd¢d 31 Marth 2026
Report of th¢
tee& Incorp￿ting a Strategic repor( approved by OTder of the FM)ard of tsust¢¢$. as thc mpany
.. and SIg￿d on the board's bebalf by..
Tn￿tee
NJrtJo Qy tJISoq

Report ofthe Independent Audltors to the Members of
Nucleus Cornmunlty Aedon Ltd
OpiDioD
We bave audited the fitwicial state1r￿ts of Nucleus CoAnmullity Action Ltd (the '¢baritable wrnp4nl) for the year
¢ndcd 31 March 2026 wbich COD]pris¢ tbc Ststen￿nt of Financial Activities. the Balanc¢ She¢i the Cash Flow Statrment
and notes to the finawial stateTnents, including a 5umrnary of significant acwunttllg policies. The fJnall¢ial reporting
fraT)Thork that has been appli¢d in their prepaTation is applicJble law and Uniied Kiugd(*n Accowitittg Standards
(United Kingdotn Genetally Accepted Accounting Prnetice).
Jn our opinion the financial stat¢])rnts".
give & true and fair view of th¢ state of the charitrblc eotnpatty's affair5 as at 31 MAr¢b 2026 and of its incomillg
Tesources and appli¢ation of resources, including its iucome alld expenditure, fortbe year then ende¢.
bav¢ bEen properly prepared in ac¢ordall¢¢ with United Kingdom Generally Acccpt¢d Ace(Jullting Prartic¢' and
have been prepared ar¢ordance i+ith the Tequir¢urtits of the CompaniES Act2006.
Basis f•r opinloD
We ¢ODthicted our audit in acc4)rdan¢e with International Standards on Audittn8 (iIK) (ISAS (UK)) and appli¢abl¢ l&w.
rcspoDsibi]ities vnder thos¢ standards arc fifftber described in the Audit(Trrs' responsibilities for th¢ audit of thc
fJDancial statcrnents seetioll of ow report. We ar¢ independcnt of thc charitable con]pany in ac¢ordance witb th¢ ¢thi¢al
requirements that pre relewdnt to our audit of the fi]￿la1 Stater￿llts ID the UK including the FRC'$ Ethical Staod
and we have fillfilled our other ethical responsibilities irL accordarL¢¢ with these TequireDWDts. We believe that the audit
evidence we bav¢ obtsincd is sufficient and appropriat¢ to provide 8 basis for our opinio
ConclMslon5 rebthil to going eoncern
Ill audititig the fllMicial stst¢rn￿ts, we have concluded that th¢ trustees. use of the going ¢ow¢rn basis of accounting in
tbe preparation of the f￿ancial statements is appropriate.
Bascd on the work we bav¢ perfoLin￿, ￿ have not id¢rtified ally n)aterial uncertaintics r¢latitig to events or ¢¢)nditions
thak Individually or ¢oll¢¢tAvely. rnay cast SigD1fi￿llt doubt on th¢ ¢]Jaritable coll]pan￿5 ability to ¢ontinue ag a going
concern foi a period of at least twelve from WINI the fIna￿l81 ststemcttts are authorised for i￿.
Our respoD51bilities and the respoD51biliti¢s of the tr]￿e5 with ff5P¢rt to going con¢¢rn are de￿I)ed in thc relev8nt
sections of this fppoTt.
Other InfornMtlon
The tn￿lee5 8Te rcspoosible for the other infoTtD#tion. The otber infornuuon eomprises the infor0￿tIon included in the
Anmwl Reptro other thaD th¢ finati¢l￿ stwements and our Report of the Independent Auditors thereo
Our opinion on the fr1￿￿Eal 5tateoMts does llot ¢ov¢r the other ithrrnatioll alld, ex• to th¢ extent otherwi
¢xplicitly sthted in our i¢port, we do not express ally forni of assurance ¢onclusioD thereon.
Yn ¢onDectiOD with our audit of the fjnallcial slatrnThts, our respow1￿lIity is to r¢ad the otheT inf¢)En*tion and. ID Ik)in8
so, consider whether the oth¢T iDfornwtion is materially iDCgllSiStent witb the financial ststwents or our kJLowledge
obtsined in the audit or otherwise appears to be materially ￿ls$￿ted If we Adentify s￿h ￿￿tsia1 in¢onsisteneAes or
apparent Illa￿rIal mi$$tAtements, we are required to deternllne whether this giv¢$ rise to a material llJisstaten￿t in the
fJnaLeial staterncnts th¢nWIv￿. I¢ based on the work we have performed. we ¢on¢lud¢ that the￿ is a material
misstatcnrnt of this other infoTmation. wc arc required to report that f¥L W¢ have nothing to reFx)rtin this regaTIL
Op1Dlot￿ •ther matters preserlbed by the CoJnpaDle5 Art 2006
In our optni0￿ based on the workundcrtaken in th¢ ¢ovrse of the audiL
th¢ inforn]ation giveD in th¢ R¢port of thc Ttwtees for tbe fitwTrcial year for whi¢b the finan¢iaI sPdt¢tt￿ts are
pryared is ¢onsistrTLt ￿7th the rUw￿jaI 5tat¢llKnts", and
the Repjrt of the TnL5t¢ts h&q been prepared in ac￿rd￿t￿e with applicable legal requIr￿n18.

RepDrt ofthe Indepelldemt Audltors to the Members of
Nucleus CommuDIty Acllon IAd
Mwtters on which we Are requtred ts report by exce￿10
In thc li8bt of th¢ knowledgc and utmlerthding of the Clwitable company and its environment obtai]￿ in the coursc of
th¢ audil WE bave not identifi¢d Du*rial M1&8tate￿ts in the Report ofik TrJstee8.
We have nothillg to Lfport in respect of the following n]att¢rs Fh¢re the Companies Act 2(M)6 requires us to repoit to you
if. ?n our opinion:
adwt¢ a￿o￿lting recorib not been kept or return5 Ad¢quate for our audit bav¢ twt been received fmm
branches Dot visitrd byw,. or
th¢ finwial statements are Dot in agr¢ell￿t with the accounting recordq and rebJrn4 or
certain disclosur¢s of trwfk¢s' renjvneration spxifird by law are not raadc" or
we b4ve not r¢¢etved all the iDforD￿tiOn uplatntions we requirc forour audit
Respon￿bludeS of trustees
As explAined more fidly in the staten￿llt of Tn￿te¢s, Re¥poJstTrilities, the tnKstee5 (who are also the di￿torS of the
c]witable ￿t￿panY for the purposes of Compally law) ar¢ responsibk for th¢ preparntiott of thc fmancial statenKnts and
for b¢ing 8ati5fied that they giv¢ a ITh¢ aud fair view. and for 5ucb iTh*rual Golltrol as th¢ trustees detern]inc is necessary
to enable the prepkrntion of flluncial stat¢llKll¢S tha¢ ar¢ free frommaterial mi55t&temenL Frfhether due to fraud or error.
In prcparing the fllwicial statenKnts, th¢ trustees are responsible for a￿SSing the charitsbl¢ ability
colltinu¢ as a going concern, disclosing, a5 applicable. matters T¢lated to going CODcern and using the going cotlcern
basis of a¢¢ouNillg unless the tnL8tees either itttend to liquidat¢ the ¢lwritable company or tt) ￿se operations. or have
o rea]istic alternative but￿ do so.

Report of the lDdependent Audltors to the Members OI
Nudeus CommuDlty A¢tIon Ltd
Our re5ponsibi]ities for the *udlt of the $t*tsments
Our objectives are to obtsin r¢&50Tfdble assurance about wberh¢r th¢ finallcial stst¢rn¢nts &q a Ththole aTe fr¢¢ from
mat¢Tiai rnisstatcm￿t, ￿ether thie to fraud or vror. and to issue a Report of the Ind¢p¢ndent Auditors that i￿ludeS Out
opiniorL Reasonable &ssurance is a high level of assurance, but 1$ nol a guarantee that an audit conducted in a¢¢￿dance
wIth ISAS IUK) will always detect a material misstatemcnt when it exigts. Misstakments can arise from fraud or error
and are wnsidercd rnat¢rial 1£ individually or in tbc a8gregate. they could reasoDably be cxpected to influ¢n¢¢ the
economic decisions of users taken on th¢ basis of these financial statcmcnts.
The extgnl lo wbi¢h procedures ar¢ capable of d¢t¢cttn8 i￿egUlaTIti¢S, I]￿1￿dIng fraud is detailed below..
W¢ haye Co[￿ld￿ the nature of tlLe company's iDdusty #nd its control ¢Dviroll￿¢ll¢ and revi¢￿d the companJ18
documentstion of their policies and procedures relating to fraud and C4)mpliat￿e with Ind reEulatioDS. We also
enquired of mwgement about their ovrn Ide￿ifiCation and assewnent of the tisks of irregularities.
We gained UDderstandiDg of the legal a[￿ r¢gulatory fran￿¥ork app]icablc to th¢ ¢ornpany a￿] tb¢ indiisty in wbich
it operates and considered the risk of acts by the cornpany which would be contrary to appiieable lavpJ and regulations,
including fraud. Thtse AllclLthd but werc ]￿t IiJnIt￿1 w compliance with tbe UK'S Con)panies A¢t r¢gulations and thx
legislatioJL
We also con]muu¢at¢d relevant identified law5 re￿￿￿tiOnS and potential fraud risks to all engagetnetti team
members attd relnaioed alert lo aDy indieations of fraud or nonry¢ompliance with laws and regulations throughout the
audit.
We focused on laws andre￿￿atiO[lS that could give Iise to a Materi￿ thlsstAten￿nt in the COD]pally fixwicial statements.
Our tests include& but were not linJit¢d to:
. R¢vi¢wing the financial statement disclowres and testing to supporting d()CUn￿ntstion to ass¢3$ eompliance with
relevant laws and r¢gulatiOllS diseu&sed above;
. Enquirie8 ofThaT]ag¢nEnt
- Reading minutes of meetiw of the Board.
- addressing th¢ risk of fraud though overrAde of control4 t¢5ting th¢ aFwri*t￿s of & sample of
journal entries and other ￿J￿$t￿ettts' and
. Assessing wheth¢r tk judgenKnts made in maknng a¢¢ounting estirnat¢$ are indi¢ative of a poteDtial bia
- Evaluating the b￿]nesS Tationale of any significant I￿￿￿¢tiOnS that are um￿val OT outside the ￿)rn￿l of
b￿l￿eSs.
A furthr d¢scripti(trtt of our responsibilities for th¢ audit of the financial ststwmts is loc&ted on tbe FiDan¢ial Reporting
Council's website at www.frc.org.uklauditorsresprribilities. This description for￿ part of our R¢pon of the
Independent AudLtoTs.

Report of the IndepeDdtnt Audltors to the Member5 or
Nueleus CojnmuDlty A¢don Ltd
U¥ report
This report is rnad¢ Solcly to the cbaritable cornpangs members, as a body. in a¢¢ordance witb Chapter 3 of Part 16 Df
th¢ Compktiies Act 2006. (kn audit work has been ￿der￿k¢ll so that we migbt 5ta¢e to th¢ charitable wll1pan￿S
menthers thosc D]atters we are required to stste to them in an auditors, rery)rt and for t]0 oth¢r PUryM)se. To th¢ fi￿1¢￿t
ex¢eDt p¢rtnttted by law. we do not kceept or assume responsibility to anyone other than the charitable cowany alld the
haritsble £owpall￿5 as a body. for our hudit worL for thi8 reporL or for the opinio)Js w¢ have forn￿1.
Jeremy Ha￿la FCCA (S¢A]iw Ststutory Auditor)
for and onbehalf ofGrant Harrod Lttman Dayis LLP
Cljartered A￿0v￿lants
Statthry Auditors
Seco￿1 Floor. KiTkland Hous¢
11-15 Pete￿oroUgh Road
Middl¢s¢x
HAI 2AX
2g

Nudeus CottunuDIty Acllon Ltd
StalemeD( of Fljwidal Activities
ror the year ended 31 Mareh 2026
2026
Total
2025
T¢)tsl
UllrESttieted Restrict
Notes
INCOME AND E￿1)ow￿[￿Ts FROM
Donation5 and lewacies
120.221
120,221
34,940
Charftsble Attlvltie
Ch&itable aL*ivity
162245
880.71)0
1,042.945
965,867
lttvestment incorne
15,047
15,(H7
9,604
Totsi
297513
880.700
1.178213
1,010.411
EXPENDITURE ON
CbAritAbk *rtiwities
Cl)aritsbk activiry
256.400
772,759
1.029.159
947.899
NET INCOME
Transfers be¢ween funds
41,113
14243
107,941
(14243)
149.054
62.512
14
Ne¢ movement ID funds
55,356
93,698
149,054
62.512
RECONCILIATION OF FUNDS
Total funds brougbt fomrd
695.518
484.195
1.179,713
1.117201
TOTAL FUNDS CARRIED FORWARD
750,874
577.893
1.328.767
1.179.713

Nucleus Conunwlty Ltd
Balanet Sheet
31 March 2026
2026
Total
2025
Total
Un￿S￿l￿￿ Restricted
funds
FIXED ASSETS
Tan￿7￿1¢ &5s¢ts
287.883
287,883
298.642
CURRENf ASSETS
D¢btors
PrepAyments and income
Cash at ballk
12
37,420
42,346
573,336
37.420
42,346
1,151229
24.650
36.L52
899.847
577.893
653.102
577.893
1,230,995
960.649
CREDITOILS
Any)unts tslling due within one year
13
(190.111)
(190.1 LI)
(79,578)
NET c1rRRL￿ ASSETS
462,991
577.893
1,040.884
881,071
TOTAL ASSETS LESS Ci3RRENr
750,874
577.893
1,328,767
1,179,713
NET ASSETS
750.874
577.893
1.328.767
1,179.713
14
750,874
577.893
695,518
484.195
R¢stricted fut
TOTAL FUNDS
1.328.767
1,179.713
ents wu¢ approved by the Board of Tnjstees and authoriscd for issu¢
-￿￿1￿.1.:x.￿..l........... aTrl were sigllcd on its bthlf by..

CommllDlty Aclloll L¢d
Cash How StstetDellt
lor the year ended 31 March 2026
2026
2025
Cash flows frLbtD operatlllg Wrtivltles
Casb generated from operations
238.625
18.037
Net cash provid¢d by op¢ratiog activitie5
238,625
18.037
Casb flows from Investhig actlvldes
Purchase of tangible fL￿d assets
tnt¢￿￿1 rccciv¢d
(229))
15.047
(5,100)
9.604
Net ¢ash provided by iDvestiDg activities
12.757
4,504
Cbangt Ill £A5h and ¢&sb ¢qulvg41ents Ill
the reportlng period
Cas]E and cash equivalents at the
beginmJDg ofthe repordDg pertod
25 1.382
22,541
899.847
877.306
4lld £a$& equlY*lents at the ettd of
the reportlng perlod
.151229
899.847

Nucleus CouuDullity Aedox Ltd
Notes to the Cajh Flow Statement
for the year ended 31 Mar¢h 2026
RECONCIL￿TION OF iYET INCOME TO NET CASH FLOW FROM OPERATING ACTivrrIES
2026
2025
Nel Income for the r¢pDrtlng perktyd (*$ per the St%tetDeot of Finanelal
Af¢Mtie%)
Adjllstmcnts for
D¢pT¢¢iation cbarges
tnterestreceived
Incr￿e itt debtors
tn¢rwel(decrea8e) in cr*Jitors
149.054
62.512
13,048
(15,047)
(18,963)
110,533
l1286
(9,604)
(37,907)
19,250)
Nrt ¢&8h provlded by operatlolls
238,625
18.037
ANALYSIS OF CHANGL8 IN NET FUNDS
At 1.4.25
Cash flow
At 31.3.26
Net ¢asb
Cash at bank
899,847
251,382
1.151,229
899,847
251.382
1,151,229
Totsl
899.847
251,382
1,151.229

Nucleu5 CoDuDulllty Actlon Ltd
Notes to ¢h¢ FIDallclal Statements
ror the year ended 31 M4r¢h 2026
ACCOUNJING POLICIES
B*sls Df pr¢pthn8 the flllanclal ststemeuts
Th¢ fitwicial Statc￿lts of the eharitable conwany, ￿1¢￿ is a public bencfit urtity under FRS 102, hav¢ been
prepar¢d in aoc0nlal￿e with the Chariti¢$ SORP (FRS 102) 'Accounting and Reportins by Charities: Stat¢n
of Recornmended Practice applicable to clwities prcparing their acwunts in acconl￿e with the Financi
Keponiag Statthrd applicable iD the UK 2nd Republic of treland (FRS 102) (effective l January 2019)..
FI[￿)Ll&l Reporting StaDdard 102 The Financial Reportin8 Standard applicable in the UK and Republic of
Ireland, and th¢ Compatiies Act 2006. The finan¢ial statenKnts have been preparcd under the historical cost
Convention.
In¢ome
All income is r¢¢ogttiscd in the Statemenl of Financial Activities onc¢ the charity has entitlrnt to the fiuth, it
isprobable that the incomc wtll b¢ received thc arnount ¢anbe measU￿d reliably.
Expeudtture
Liabilitie5 are r￿￿￿￿Sed as expenditure as sth)n as there is a legal or congtructive {l>li￿lOn coD]nutting the
Iwity to that expenth'ture. it iy probable that a transfrr of economic benefit5 Th711 be requiTed settlement and
tbe amount of th¢ obligation cao be ro¢asur¢d rcliably. txpcnditur¢ is a¢counted for on an acerua]s ba8is and has
b¢¢n classified under h¢adings that 88gregat¢ all c05t rclated to the category. Wh¢re cost5 cannot be directly
attributed to particular headings they have been aUocat¢d to activities on f4 basis consistent with the Lse of
T*Dglble fjx£d assets
Dq)Icciatiori 15 provided ai the following allnual rates ill order to write off ucb asset over its thinated ￿ruI
Leasehold Propety- 2Yo on cost
Plani and machin¢ry- 25V/o on cost
Cixnputer equipnTht- 50(/*¢J on cost
TaxAtion
The chatyty is exempt from wryoTatiim t&K on its cbarityblE artivities.
Fwid accoulltiDg
UnrestrACted funds canbc ￿ed in acc4xda￿e with the elwitsble objectives Y4t the discretion of the tru5tepA.
Restrictcd funds can ollly be used forparticular restricted puryN)sGs within the objects of the charity. Restrictions
arise when specified by tlke donor or when fiuMl$ are rnised for particular r¢stri¢ted pw)oses.
Further expiallation of the nattrc 8nd pw¢ of each fjjnd is included in the notes to the fiDan¢ial statelnents.
DONATIONS AND LEGACIES
2026
2025
DonatioD5
120221
34.940

Nudeus Cojnmunlty Atrfon IAd
Notes to the Flllandal Ststen￿Dts- ￿￿tIllued
for the year ended 31 Marth 21126
INVESTMEL¥T INCOME
2026
2025
Deposit ￿¢0￿llt ititerest
15.047
9,604
INCOME FROM CHAR￿ABLE A￿[lEs
2026
2025
Activity
Charitsble activity
1.042,945
965,867
Grants received includd in thc a]x•ve, arc as follow5:
2026
2025
Mayor'5 Fund
Incorne from Room Hire
Stud¢nt Placement
Donations
50,633
14,436
240
7.875
13.427
4,620
543
65.309
26.465
CIL4RITABLE AcrlvTT￿ COSTS
Support
costs (5
note 6)
Direct
Costs
Totsls
Cbaritsble aetivity
980251
48,908
1.029.159
SiIPPORT COSTS
05ts
Cbaritable ￿tI￿lty
48,908
IYET INCOMEI(EXPENDfnJRE)
Net incomGl(¢xpw￿1t￿rC} is statcd allcr ¢bargiDFJ(creditin8).'
2026
2025
Auditors, remut￿ati0n
Dyeciation. QWD¢d aS￿ts
14,740
13,049
12,160
12,286

Nudeus COmmu￿ty ActkhD L¢d
Notes to the FIllat￿*1 St*tements- fontinued
ror tb¢ ye*r tnded 31 March 2026
TRUSTEES, REMi7NERATION AND BENEFITS
Ther¢ were no trustees, remUn￿loD or benefits for the ￿ar ¢nd¢d 31 Marcb 2026 nor for the year end¢d
31 Mar¢h 2025.
Thistees, expellses
There were DO tru5t¢¢s' expenses paid forthe year ￿ded 31 March 2026 nor forthe year ended 31 MAwh 2025.
STAFF COSTS
2026
2025
Wage8 and salari
857,365
667.{￿4
857,365
667.094
The averaB¢ of ¢tN)loyees duriD8 the ycar w&s as follows..
2026
20
2025
16
Advice
18
The numbet of employtts whose ¢mployec bcn¢fiL5 (exch￿1n8 employcr pcn5i¢Jn ¢08ts) eXce￿¢d £60.0(M) was..
2026
2025
£60.001- £70.000
£70,001- £80.000
111. COMPAIi4TIVES FOR THE STATEMENf OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
ll¥COME AND Ef+4DOIVMErqrs FROM
Donations and legaci¢s
34940
34940
Cbarltsble *¢tlvltles
ClJaritabl¢ ¥tivity
247.522
718,345
965.867
Investment income
9.604
9,604
Total
292,066
718,345
1,010,411
EXPENDITURE ON
Cb&rltAble activities
ctwitablr activity
35S.242
592,657
947,899
NET INCOTrW(EXPENDIfiJRE)
(63.176)
125,688
62.512

Nucleus CojwnuMIty Aethn Ikd
Notes to the FIDanctsl S¢atellwnts- eontlnued
for the ye•r ended 31 Mareh 2026
io.
COLIIPAIL4TIVES FOR THE STATEMEi¥T OF FINANCYAL ACTtVlTl&g- contlDued
Unrestrlctcd
R¢$tricted
fjjnds
Total
RECONCILIATION OF Ft]M)S
Total fi￿dS brought forward
758.694
358,507
1,11720E
TOTAL FtJNDS GIRRiED FORWARD
695,518
484,195
1.179,713
11. TANGIBLE FIXID ASSETS
ETeeknld
prop¢ty
Platrt and
Compu
machinery equipn)cnt
Totsls
COST
At l April 2025
Additions
486,757
104222
5.1(M)
2,290
596.079
2290
At 31 March 2026
486.757
104222
7,390
598,369
DEPRECIATION
At l April 2025
Charge for year
190,665
9.735
104222
2.550
3.314
297,437
13.(H9
At 31 Marrh 2026
2(Ml,4(K)
104222
5,864
310,486
ET BOOK VALUE
At 31 Marcb2026
286J57
1.526
287.883
At 31 Marrh 2025
296.092
2,550
298,642
12. DEBTORS.. AMOUNTS FALLING DUE W￿H1N ONE YEAR
2026
2025
Tnde debtors
Other dcbtor5
33,391
4,029
22297
2.353
37.420
24.650

Nueleus Comwunlty ActloD Lld
Notes ts the FIDaDcial stst¢ll￿￿ts- conthiued
for the yeAr ended 31 March 2026
13. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2026
2IF25
Trth ¢reditors
Social security and other
Qther creditors
4,507
12.861
30.539
31.671
18.429
35.825
129.633
190.111
79.578
I& MOVEME￿￿ LN FUNDS
N¢t
TraDsfrrs
moyement between
in fi]ods
At 1.4.25
31.3.26
Unrestrlcted funds
General fiwd
stsff ¢onting¢ncy fuDd
Building uwint¢nau¢e
Furniiure and equipm¢n¢
CO￿pUtrr development
Newoffice fund
348,518
185.0(M)
85,0(K)
12,IMKI
20,IMX
45.(KM)
41,113
14243
403,874
185,(M)O
85,(M)O
12.(M)O
20,WO
45,(X)O
695,518
41.113
14.243
750,874
Restricted fulld8
Debt free LondOn￿o￿¢e Hall
Campden clmrities
Money proiccl- City BridgeTrust
Specialist HoUSin￿2dvICeILLsT
Redundancy
Ac¢e%s to justiee
KeDSiti8ton + Chelsea foundation
National Lottery
[BE￿lill8 HSG
GLA Ealing Hou%iDg
Lonth)n Borougb of Ea]ittE Fuel Grant
115,943
149.637
25.418
22,520
857
4.642
80.612
9.601
9.171
37.144
28,650
65,559
(15,261)
(8.683)
4.540
181,502
134J76
16.735
27.060
857
(4.fr12)
81266
161.878
(9.601)
13,858
(18,105)
(15233)
23.029
19.039
13.417
4g4,195
ID7.941
(14.243)
577.893
TOTAL FUNDS
1.179,713
149,054
l J28.767

Nucleus ConuDUDhy Action Ltd
Notes to the FlnaDd*l S¢4tements- cDntlnll¢d
for the ye*r ended 31 March 2026
14.
MOVEMEKf IN FUNDS- contillued
N¢t mov¢m¢nt in fiuKts. included in the above are &¥ follows..
tll¢oJning
sources
Resources Movement
Uttrestri¢t¢d funds
General fund
297.513
(256,41K>)
41.113
Restrfieted funds
Debt free lA)t￿oI￿T0￿ybeg Hall
Can]pden charities
Mon¢y project- City BridgeTh￿t
Specialist Housin￿ad￿le&LLsT
K¢ttsillEton + CheLsea fo￿￿ation
LBEIEaliAg HSG
GLA Ealing Howing
London Borougb of Ealing Fuel Grant
313,535
77.031
45.833
50,634
251,158
18J42
124.167
(247.976}
(92.292)
(54,516)
(46,094)
1169.892)
(4.484)
(142,272)
(15,233)
65,559
(15,261)
(8,683)
4,540
81.266
13,858
(18,105)
(15,233)
880.700
(772,759)
107,941
TOTAL Fi7NDS
1.178.213
(1,029.159)
149,054
Comp•rattYes for mov¢ment In t￿ndS
Net
At 1.4.24
31.3.25
iJnrestrlcted fI￿d5
General fund
Stsff contillgency fiD)d
BuilditLg maint¢￿ll
411,694
185,0
85.000
12,000
20,000
45,0(N)
(63.176)
348,518
185.000
85,000
12.000
20,000
45.000
Computer development
New officc fijnd
758.694
(63,176)
695.518
Debt free tA)ndo)]Ifonybee Hall
Mon¢yproj¢ct- City BiidgeTrus¢
Specialist HoUSin￿adY1¢&QLsT
41,600
24,569
14,449
857
145.611
4.642
9.356
9.601
74.343
849
8,071
115.943
25.418
22.520
857
149,637
4,642
28.043
9.601
9.171
37.144
52.569
28,650
Debt ¢outLs¢I]iDglCampden
Access to justic¢
K￿￿1￿8t￿n + Chelsea fouTrdation
National Lottery
LBE￿I]llg HSG
GLA Ealing Housing
Kens'illgton + ￿tI$¢a FoundatioD
L￿don Borouth of Ealiti8 Fuel Grant
4.026
18.687
9.171
24.533
6.863
(20.855)
12,611
45,706
49.505
358,507
125,688
484,195
TOTAL FUNDS
1,117,201
62,512
1,179.713

Nuelew Commlltslty Adlon Lld
Notes to the FIDanctsl S¢a¢¢mellts- contlnu
for the ellded 31 March 2026
14.
MOVEMENT tN FUNDS. ￿￿tAti￿ed
Cornpardtivc net movemcnt in fiIDd4 included in the above ar¢ a8 follows:
lllc¢)ming
rwurces
R¢sourees Movement
expelldcd
Unregtricttd fvnds
fimd
292.066
(355.242)
{63.176)
Re51rided fwnd$
Debt free IxJndowTonybee Hau
Morley proje¢t- City BrIdgeTn￿t
Sp¢¢ialist Housin￿advic¢lLLsT
Debt cOUDselliu￿CartWde
Kensington + Chelsea foundation
LBE￿LIng HSG
GLA Ea]ing Housing
Kmsington + Chelsea Foundation
London Borough of Ealing Fuel G[￿t
182.592
49.742
39,762
77,268
255.891
9.171
24.533
55.238
24.148
{108,249)
(48.893)
(31.691)
(73242)
{2372ts1)
74,343
8.071
4,026
18,687
9.171
24,533
6,863
(20.855)
(48.375)
(45,003)
718.345
(592,657)
125,688
TOTAL FUNDS
1,010.411
(947.899)
62,512
15. RELATED PARTY DISCLOSURES
There were no related party tra￿￿OnS for the year ended 31 Mawh 2026.