The Enfield Soclety Limited by Guarantee Registered as a Charity Charity Number 276451 Report and Financial Statements Year Ended 31 December 2023
The Enfield Socie Annual Re ort and un-audited Financial Stalements for Ihg gar endgd 31 DeCnbar 2023 Contents Page Management committee pOrt Dlrectors, responsibilities 10 Independent Examlnerfs report 11 statent of financlal activltles 13 Balance sheet 15 Notes forming parl of the un•audited financial statements
Tho Enfleld Socle Mana ement Comrnlttae Re rt for tha aar gnded 31 Dfrcember 2023 The Members ofthe Management Cornmlttee present theirreport and the financial statements forthe yearended 31 December 2023. Relèron¢g and Administratlve Infomation The Enfield S(xiety (TES) is a regislered charity (number 276451) and is constituted as a Company limited by guarantee {number 312134). Its objects, powers and other constituiional matters are set out in its Memorandum and Articles of Association. These financial slalements have been prepared in accordance with the Society's accounb'ng policies and comply with the Society's own Memorandum and Articles of Association, the Companies Act 2006 and 'Accounling and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in a¢¢ordance with the Financial Reporting Standard applicable in the UK and Republ of Ireland {FRS 102) {effectNe 1 January 20191.. Dlrectoys Members ofthe Management Commlllee have legal responsibility as d1ctOrS ofthe Society as a Company and as trustees of the Society as a Charity. All Commlttee members must be members of the Society. During the year ended 31 December 2023 and up to the date of slgnature, the foll¢)wing seTved as members of the Management Committee:. David Cockle (Chalr) John Cole Sue Grayson Ford - retired 21 September 2023 Tony Foster (Hon Treasurer) Anna Maria Foster- retired 21 September 2023 Robert Fowler Stephen Gilburt Andrew Lack Jan Metcalfe Stuart Mills Hilary Morris Val Munday - retired 9 January 2024 Avril Nanton- appointed 12 October 2023 Alison Parker- appoillted 13 June 2024 Richard Stone5 (Hon. Secretary) Alec Tyler- appointed 13 June 2024 John West Alison Yates- retired 24 Apiil 2024 The Joint Presidents (Monica Smith MBE and Colin Pointer) and Vice-Presidents (Janet McQueen, M J Saunders MBE, Alan J Skilton and Leonard Wll) are entiued to attend Man8gement Committee meetings. Profe88lonal Advl8er8 Bankers Barclays Bank plc 20 The Town Enfield Middlesex EN2 OAJ Independent Examiner Moore Isouthl LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP12TJ Registered Office Jubilee Hall 2 Parsonage Lane Enfield Middlesex EN2 OAJ
The Enfleld Socle Mana ement Commlttee Re rtforthe ear ended 31 December 2023 contlnued structure, Governance and Management The governing body ofthe Society. known as the Management Committee, consists of not less than six or more than eighteen members. Both the Honorary Secretary and the Honorary Treasurer are ox offKio members: the remainder of the Committee ale elected by the annual general meeting of the Society. At every annual general meeting one third of Committee members retire and may be re-elected. Up to three members may be co-opted by the Management Committee itself but must stand for election at the next annual general meeting. Committee members are given training and supwrt as appropriate to their role within the Society- Prlncipal Rlsks and Uncertalntles The Management Committee keeps under constant review any major risks to which the Society may be exposed and considers that the public liability and other inSuranS and financtal controls are adequate and that the computer records and backup systems are satisfactory and secure. Ob ects Publlc Beneflt Alms Ob 8Ctlves and Prtncl al Actlvltles The MenN)randum of Association of the Society incorporates the following object and aims: _ ObJoCt and Principal Activity The object and principal activity of The Enfield Society is the conservation and enhancement of the crvic and natural environments ofthe London Borough of Enfield and its immediate surrounding area, forthe public benefit In furtherance of the Society's objects, the Management Committee have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to Ihe Charity Commission's published general and relevant sub- sector guidance concerning the operalion oflhe Public Benefit requirement under that ACL The Society provides benefit to the public in a variety ol ways for example by monitoring the quality and suitability of planned developments., campaigning for the protectSon of the Green Bell and other open spaces., moniloring the maintenance of exlsting footpaths and promoting new ones: encouragin9 the protection and conservation of heritage buildings; and informing the public about 811 these Issues through its Newsletter and through digltal media. More detai15 of these benefits are glven In the reports on Group actwities below. Strateglc Alms The main aims of the Society are to: . GonseNe and enhan building$ and groups of tryjildings of architectural quality or historic interest Defend the integrity of the Green Beit Ptect and improve open spaces and views Ensure that new developments are environmentally sound. well designed and take account of the relevant interests of all sections of the community Publish papers. books. reports and literature Make surveys and prepare maps and plans and collect information in relation lo any place or building of historic or archileclural interest Assi51 in the preservation and maintenance of footpaths. commons and rights of way Promote and pay the expenses of meetings, conferences. lectures and exhibitions, whether public or private
The Enfield Socie Mana gmènt Committee Re rt for tho ear ended 31 Decembor 2023 contlnued Inv¢stment Poliey The polky of the Soclety Is to be rlsk averse and all monles (other than those held in the Society's current a¢unt) are held in Inte$t bearing accounts. The members of the Management Committee are satisfied with th8 perfomiance of these ac¢ounl& Flnanclal Results Overall. there was a net decrease in our total fijnds amounting to £21,000 with income £26.159 and expenditure £47.159. The Society's income fluctuates by reference to the legacies and other donats'ons it receives. Despite an increase in the Society's annual subscription in 2023, subscription income1£9.2931 and associated donations from members1£2.8481 were less than the amounts received in 2022 {£12.264 and £5.404 respectivetyl - this reflects a h)ng-temi decline in the Society's membership which the Committee is anxious to reverse. Expenditure fluctuates by reference. amongst other things. to the anKsunl paid out in grants or applied in charitable projects in the year concerned. Of the Society's expenditure on d)aritable activits'es, £14.682 (2022- £24,908) was spent on grants and other projects designed to further our objectives, £14.73012022- £4,270) on the Maintenan and operation of Jubilee Hall (counterbalanced by rental income of £6.550 12022 - £5,316)}, £7,904 12022 - £8.1471 on the production and dispatch of our Newsletter and £5,277 {2022- £6,469) on the adminislralion of the Siety. Our total funds at 31 Oecember 2023 were £420.523 12022 - £441,523} of which £274,41412022 - £309,865) fomied our General Reserve, which can be used for the charitable purposes of the Society generalty. We continue lo monitor the risks to the finan8 on a regular basis. The Management Committee aims to ensure th* Ihe Society's regular expendrture is met by its subscription income and associated member donations. ReseTYes Poli¢y The Management Comittee aims lo keep liquid non4estricted resthes to ¢over11) estimated running costs for years l¢urrendy around £55.0001: and (2) the potential costs of opposing some plan or development which is a serious that to our objectives. Of this reserve £100,000 wi51 be maintained in funds available within oneyear. Opposing Enfield Council's draft Local Plan, explained under'Archileclure and Planning Group. below. Is an example of the threats wncemed. The members of the Management Committee consider that the balance of the reserves. after deducllon of the deslgnated funds, restricted funds and 18ngible fixed assets, Is reasonable In vi8w of the high legal costs that could be incurred in defending the threats mentioned above. Revlew of the ear and future develo ments There were a number of changes in the Management Committee over the year. Sue Grayson-Ford and Anna Maria Foster retired at our Annua5 General Meeting, whilst Avril Nanton agreed lo be COvOPted onto our Committee. Unfortunately, membership dropped to around the 1.650 mark in 2023. The Newsletter continues to be sent to all members {some now electronicalty} four times a year. New members are encouraged to join by the Society being advertised on Community notice boards and having a presen at local festivals. as well as through our very active social programme ofwalks and talks, which are free ofcharge io all members. The Society is grateful lo Joe Studnian for taking up the role of Talks Organiser. enablin9 morning meetings to be reinstated.
The Enfield Socl Mana ement Commlttee Re rt forthe ear ended 31 December 2023 contlnued The Swety conlinLtes to work closely with the Council, meeting Counal officers quarterty- In addition. links have been forged with Soulhgale and District Civic Vol, Enfield Road Watch, The Campaign for the Protection of Rural England ILondonl and Chase Side Primary School with work on various projects. A group of Management Committee members also held a fact finding visit lo Tottenham Hotspurfs Football Training Academy In Whitewebbs Lane. A small sub-group of Society memtsers looked closely at the detsil in the Local Plan. The Group wotked towards formulatTrng the Society's response to the Council's consultation on the Plan. The Society is representsd at peritxlic meetings of Enfield Climate Action Forum. The London Forum and The London Green Belt Council. Interest visits were arranged to Charterhouse in the City of London, and The Drill Hall in Enfield. Other activities of the Society in 2023 and the first part of 2024 are covered in the following reports. AhItecture and Planning Group The Group aims to benefit the public by improving the qualty of the Borough's bui]t environment through monitoring and commentlng on planning issues. The Group considers planning applications across the Borough. The Society then submits comments on those applications as appropriate_ During 2023124. the Group has been looking at the Enfield Draft Local Plan (published at Regulation 191 and working with other groups to publicise the document and ensure a significant response from Enfield Society members and the residents across Enfield. The Society has serious reservations about some aspects of the draft Plan, particularly the proposals lo develop on parts of the Green Bell and the way in which the proposed tall buildings strategy focuses on all transport hubs across the Borough rather than piioritising certain areas. The Society has submitted detailed comments on the Plan at Regulation 19 and in 2023 started to prepare for the Examination in Public when a government appointed Planning Inspector will review the Plan and all the submissions that have been made. The Society inlends to be represented al the Examination. Following the year end and by the date of this report substantial sums have already been spent in connection with the Society's representations on the Plan and it is expected that further expenses will be involved in relation to the forthcoming Examination in Public. These expenses will be made out of the Society's reserves as explained above. In addition, we have continued our normal work commenting on larger planning applications and responding to planning concerns raised by our members. H¢)wever there have been far fewer ffojor appliOnS than in previous years. We believe that this is due to economi¢ constraints and developers holding back to await the outcome of the Local Plan. Cleaner Neighbourhoods Group The Group's litter-picking benefits the community by removing some of the rubbish which blights our Stets and open spaces. In 2023 the Group had eight meetings in January. March, April, May, July, September, October and December. All were on Saturday except for the May meeling which was on a Thursday. Volunteer numbers ranged from 5- 19 and 293 bags of rubbish and vast amounts of assorted items were collected. We reported to the Police, a zombie knife, many number plates and Nilrus oxide canisters. We tsrgeted footpaths in Edmonlon, Palmers Gen, Ponder$ End, Turkey Street and Whilewebbs.
Tho Enlleld Socle Man ement Committee Re ort for the ear ended 31 December 2023 continued Conservatlon and Heritage Group FollowiTrJ the Council's decision to join a number of consultative groups Involvlng conseNatlon areas, the Green Belt and transport into a new Environment Forum, the Soclety formed the Conservation and Heritage Group. Environment Forum has now been discontinued and the Society's group is the only opportunity for those with an interest in conservation areas and heritage sites and building5 to meet and exchange information and ideas. This Group brings together those wilh an interest in historic buildings, the conservation area study groups and the SIety's work on buildings at risk. Its objective is to achieve public benefrt through the enhancement and conservation of buildings of architectural or hiStOral interest. A major area of work during 2023 was working in partnetship with the Council's Heritage Officers to review the Historic England 'Buildings at Risk, list. Progress is being made on a number of these buildings including the Charity School, Lavender Hill Chapel and Broomfield House. Other sites, listed buildings and buildings on the Local Heritage List are all monitored to ensure that any deterioration in the condition or inappropriate changes are reported to the Council. Edmonton and Eastern Enfleld Group The Group aims to pursue the Scciety's objectives in the east of the Borough. The Group has continued to meet on an occasional basis, atAII Saints Church Hall with a guest speakerat every meeting. As allendance at meetings has been disappointingly low, the Group has teamed up with the Edmonton Hundred Historical Society to hold joint meetings in order to l)oosl numbers. On the positive sid8. there has been 8 gotxl tum-out of Edmonton Group members at litter picks in Eastern Enfield and "hands on" working parttes at The Charity School. There has been attendance al some events held in Fore Street Library lo ttlebrate EdtTh)nton's Heritage. Enfiold Chase and Gordon Hill Stations Our NMberS work together to enhance the environment ofthese stations for the benefrt of the travelling public. Enfiojd Chase The Group was delighted to receive a Silver Award. from"Enfield in Bloo,. for its display of colourful contalner planting at platlomi level. There has been continued engagement with Chase Side Primary School. children's artwork being dispEayed in designated poster fraffies on Platrorm 1. The TES bid for a grant from Govia Thameslink Railways's Community Fund was successful. A local artist has been commissioned to create a large mural on Platfomi 2. This mural will celebrate many fine heritage buildings within a ten-minute walk from the Station. Gordon Hill The Friends of Gordon Hill Station IFOGHS) is a Group within the Society. FOGHS collaborates with local partners and station staff to creale a wel¢oming and culturally enriching space for commuters and visitors alike. FOGHS is a member of the Community Rail Nelwork and In 2024 received from thern a Silver level Community Rail Award. This is the second year of shortlisling. station Partner volunteers maintain a gardening and wildlife group thal tends a communlty garden and other spaces. It features an insect hotel. wildlife friendly plantings, a small wildlife sanctuary with nesting blue tits and wildlrfe cameras. Travellers were encouraged over the winterto drop off bird food. Hops are hatvested for a local community beer projecL
The Enfleld Soci Mana m9nt Commltteg Re ortforthe ear ended 31 December 2023 continued FOGHS has continued to partner with two local hoolS presenting the Students, aTNvork along the station's aerial walkway and ticket office. The Watting Room has an exhibition telling the history of the station and a community book swap. FOGHS has partnered vrith Age UK Sheds of Enfield to replace a wooden bench for weary travellers. The Station also features Platform Poetry, a comtnunity mosaic, a detailed Green Bell map and a community notice board. Working with Great Northern. Nehyork Rail and Enfield Council, FOGHS continues to improve wayfinding to local places and the nearby London Loop. FOGHS is seeking the reopening of a pathway beneath Rendlesham VladucL FOGHS also campalgns for step free access and general improvements to the Station and its surroundlng area. Plans for 2024 include an .1 Spy. wildlsle information board and a further historical infotrnation board about a nearby localty listed pill box. Footpaths and Open Spaces Group The aim ofthe Group is to benefitthe public by protecting. maintaining and improving footpaths and open spaS in the Borough. Our programme of walks both within Enfield, the London aa and surrounding countryside, provides members with the opportunity io regularly join fellow members on organised walks. 47 vrdlks wilh 854 attendees took place in 2023. compared to 47 walks and 928 attendees in 2022. No doubtencouraged by the ongoing Enfield Council threat to Enfield's Green Bell Countyside and the proposed leasing of part of the h1tewebbS Estate to Spurs, interest in the Society's self-guided online walks remained throughout the year. Ironically. many of Enfield's paths continued to deteriofate or even become impassable due to lack of maintenance by the Council, who plead lack of fijnds. This was even the ease in respect of legally designated rights of way where, as the highway authority, Enfield Council has a statutory duty to maintain them in a usable and safe (ndItiOn. Nevertheless, substantial money was found to create cycleways. Similarty, clarificalion on the legal status of both existing and new Fermissive paths and cycleways remain unresotved, and there is a lack of appropriate signage to publicise these routes for public use. The Ramblers Association's claim for a right of way across Sewits Hill, Hadley Wood. also remains outstanding. We continued to lobby the Council for a safe London Loop crossing over The Ridgeway. The process to completely update the Enfield Society's Fcotpaths Map, together wlh descriptive commentary on indrvidual paths and suggested possible walk ioules was also commenced. Records and Research Group 2023 saw the Group work on developing a process for digtiising our transparency collection.. this has been slow work but we have now got a system that will result in more images going into the Photo Archive on cwjr website. The Society has been given many collections of Iransparencles from members over the years and we want to be able to access and use these images as weN as share them with members. We conth.nue to receive material on local topics and add them to our llectIOn and answer erUlteS from members and the publi The Group has a growtng team of volunteers.
Tho Enlleld 80¢1 Mana ement Commltteè Re rtforthe ear ended 31 December 2023 continued Trees The Trees Group seeks to enhan the envirment of the Borough for the public benefit by supporting tree planting initiatives across the Borough and by protecting trees through monitoring te maintenance and taking up any concerns with the Council. We try to ensure Ihal Irees with Tree PreseNation Orders ITPOs1 and those in Conservation Areas are not removed without consent. We also work Closely with Enfield Council to ensure the replacemenl of trees whtch need to be renyjved due to age or decay. Once trees are planted, we aim to ensure that they are prolecled and will thebY benefit future generats'ons. The Group maintains the Society's tree nursery at the Trentjvood Slde. Our main priority is to encourage the planting of native British species. This involves bringlng on saplings and planllng them out at sltes that need new or replacementtrees. We workclosely with the Friends of Parks Groups and the Coundl to Identify suitable sites. During 2023 we have moved over 50 saplings to the Flrs Fami wetlands and provlded tre8s for Weir Hall Recreation Ground, Tatem Park and the sitttng areas on the Enfield Chase reforestation project. We have over 100 trees at Trentwood Side. We are grateful to our marky members who have donated saplings allowing us lo repla trees that are moved on. The Group has regular allotment working party meetings to maintain the tree nursery and plan new initia11V8S. We are grateful for the support that we receive from our helpers. Grants The Society makes grants to outside bodies to assist with funding projects which fijrther our objectives. Grants made in 2023 included payments to Enfield Council lo support Open House Festival 2023- to Enfield Counal Museum Services for their "Untold Edmonton. projecl,- to St John the Baptist Church Clay Hill for a structural survey- and to Enfield Roadwalch for a habitat survey in relalion to threalened Green Belt land. Membership Membership declined more sharpty in 2023 than in previous years, with a 7.8 % drop in individuals being a member (counting joint memberships as ) and a 7.3% decline in households. Many membership organisalions have experienced dedining memberships since COVID. Membership rates were raised in 2023 for the first time in len years. In order to offer members a low membership fee. it was decided to introduce a paperless membership option, under which the member would recetve the quarterty newsletter by e-mail. This has proved popular. though the increased membership rates may have contributed lo the decline in overall membership numbers. 2021 1850 2022 1799 2023 1672 Individual members Households 1425 1385 1290 397 108 Paoerfess members (included above) New members 193 131 Webslte and Soclal Medla There were modest changes in the 2023 Ures. with larger changes with some of the social rnedia channels. Website Website users F8boOk Twittertx 459 Instsaram 1192 2021 44956 37802 38857 34880 30417 29323 2211 2022 2023 2431 565 1341 2500 714 1511 Yo chanae 2022-23 2.8% -3.60/0 2.8Y 26.40 12.7%
The Enfield Socie Mana ement Commlttee Re orl for th& ear ended 31 December 2023 continued Onllne store Total Sales Orders Membershipsl renewals 560 Publications sales Publication items sold 2021 2022 £6,928.10 £3.262.66 £5,263.86 61.3% 693 £1.653.19 £571.65 £692.82 21.2% 315 481 52.70 262 416 58.81JA 153 2023 175 % chanqe 2022-23 14.4¥0 Publications Online sales recovered from the sharp drop of the previous year, the introduction of fresh titles. Sales of our Heritage Walks, in particular those of Vlfinchmore Hill and Soulhgate, were strong. while our completely new Palmers Green titte {published in June) outsold all others. To accompany the publication of the new Palmers Gen leallet a special launch evenl was organised at The Fox pub in Palmers Green on 11 July. Afull calendar of talks at Jubilee Hall meant our sales at meetings held up well, and the Palmers Green Fesllval was our mosl successfvl oulside event. The introduction of a card payment machine has been a real benefit. The were only a small number of orders via post using our publications order form and the decision was made during the year to drop the form as it was uneconomic. Outlet sales We slightty down on previous due to fewer orders from Enfield Council, but more orders from Iniaterstones helped ujunteract the shortfall. The lety receives an income each year from royalties associated with its publications. In 2023 we received £135.82 from the Publishers, Ll¢ensing Servitss. We received income from the sale of publlcations as follows (in addition to the online sales above). Stall sales £252.95 Secondhand books £84.00 Cheaue sales £69.25 Retail outlels £523.50 2023 Volunteers The Society attended the Council's annual Volunteer Fair at Ihe Dugdale Centre on 2 November. No new volunteers were recruited. however. Events and member bonefits The Society attended the following events during 2023.. The Big Help Out (4 June), The Palmers Green Festival 11 September) and the Parade of Lights (3 December). A coach trfp was organlsed lo Straffield Saye on the 20 Juty. The Society organised a Brother's Tour of Charterhouse on the 26 September and to the Enfield Drill Hall in March 2024. Heritage walkswere organised for member5 over the summer as follows.. Enfield Town110 June), The New RNer Loop in Enfield {11 JU), Enfield Island Village (6August) and Palm8rs Green110 September).
The Enfleld Socl Mana ement Commlttee Re ort for the ear ended 31 Docemb8r 2023 contlnuad Jubilee Hall As well as being a venue for many Enfield Society activities and meetings Jubilee Hall continues to be rented out regularly lo local groups and societies. This both advertises the Society an¢J works as an asset for the community while providing an income lo us. Ht)wever it is an increasingly aged wooded structure and we have had to have a considerable amount ofwork done this year to keep il in reasonable Condition. It is Iil(ety more will need to be spent in the future and the Society is ¢onsidering oiher possible ways forward as well as expenditure on the current structure. Volunteers The Management Committee is very grateful for the conlinuing hard work and Commitment of the many volunteers who sustain all aspects of the work of the Society. Koy Management Remuneratlon Polky The key management ofthe Charty are regarded as the members of the Management Commltlee. They did not re1ve remuneration or benefits in kind. Dirgctors. Res onsibllitles The Members ofthe Management Committee {who are known as'trustees. and are also directors ofThe Enfield Society for the purposes of company lawl are responsible for preparing the Management Commitiee Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the Iruslees to prepare financial statements for each financial year. which gwe a true and fair view of the slate of affairs of the charitable company and of the incoming restyjrces and application of resources, Including the income and expenditure. of the charitable company for that period. In preparing these nancial statements. the trustees are required to= select suilabfe accounting policies and then apply them consistenUy- observe the methods and principles in the Charities SORP 2020 (FRS 102).. ke judgements and estimates that are reasonable and prudent., state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going concern basis unless il is inappropriate to presume that the charity VAII continue in operation. The trustees are responsible for keeping aduate accounting records that disclose with reasonabfe accuracy al any time the financial poSitn of the charitable company and enab them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable Steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the charlty and financlal Infoimallon in¢lud8d on the charity's website. The report of the Management Committee has been prepared in accordan with the provisions applicable to companies subject to the small companies, regime and was approved on the 12 September 2024. Slgned on behalf of the Management Committee by David Cockle- Chairman
The Enfield Soci Inde endent Examinerfs Re rt to the Tru$tees on the un-audited Financlal Statements for the ended 31 December 2023 of The Enfleld Soci ear I report to the Charity trustees on my examination of the accounts of the Company for the year ended 31 December 2023. Responsibilltles and basls of report As the charity's trustees of the Company {and also Its d1CtOrS for the PUTposes of company law} you are responsible for the preparation of the a¢Ints in accordance with the requirements of the Companies Act 2006 {"Ihe 2006 Act"). Having satisfied myself that the accounts of the Company are not required to be audited urlder Part 16 of th8 2006 Act and are eligible for independent examination, I report in respect of my exaTnination of your charity's accounts as carried out under section 145 of the Charities Act 2011 1.the 2011 ACVI. In carrying out my examination I have followed the Directions gwen by the Charity Commission under section 145151(bl of the 2011 A¢L Independent ExamIne6 Statement I have completed ry examlnalp)n. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe.. accounting records were not kept in respect ofthe Company as required by $e¢tion 388 of the Act 2006,. or the accounts do not accord with those records., or the accounts do not comply with the accounting requirements of section 396 of the 2006 A¢1 other than any requirement that the accounts give a.true and fair Vie which is not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Stslement of Recommended Practi(E for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}. {21 {31 {41 I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reach&J. Use of my report This report is made $018ty lo the Charity's Trustees. as a body, in a¢cordan¢e with Chapter 3 of Part 8 of the Charities Act 2011. My examination has been undertaken $0 thal I might slale to the Charity's Twstees those rnatte re ired lo slate to them in an independent examiner's reporl and for no other purpose. To the itted by law, I do not accept or assume responsibility to anyone olhet than the Challty and the s as a body, for my examination, for this report, or for the opinions I have fomied. exte nald Chartered Accountant M¢x)re {Soulhl LLP Chartered Accountants 33 The Clarendon Centre. Salisbury Business Park, Dairy Meadow Lane. Salisbury. Wiltshire, SP12TJ 10
The Enf191d Sacle Statement of Financial Actlvltles 31 December 2023 Incor oratin th8 Incomfj & Ex nditure Account for the ear ended Total Funds 2023 Totsl Funds 2022 Restricted Rastrlctod Funds Funds Note In¢omo from: DonanS and legacles Donations 4,363 140 4,503 24,981 Charitable aclivitie5 Subscriptions and activities 10,829 10.829 13,991 other trading actwities Publicatsons income 2,781 2,781 1.702 Investment Income, Bank Interest Rental income 1,496 6,550 1,496 6.550 1.056 5,316 Other Income Othei income Total 26.019 140 26.159 47,046 Expendlture on: Raising funds Costs of PublallOnS 1.468 1.468 3.625 Charitable activities 45.015 676 45,691 46,307 Total 46.483 676 47.159 49,932 Net Incomel {expendltur81 and movement in funds (20.464} {536) 121,000) {2,8861 Reconclllatlon of funds: Total funds brought fcThard 423.578 17.945 441,523 4,409 Total funds carried fonvard 13 403.114 17.409 420,523 441,523 A statement of total COgniSed gains and losses is not included in these accounts, as there are no recognised gains and losses other than the loss or surplus for the year. The noies on pages 15 to 23 fomi part of these financial 8talements. 11
Thg Enfi91d Soclo Statement of Financial Activltles 31 December 2022 Incor oratln the Income & Ex enditur8 Account for thg ear ended Un- Restrlcted Restrlcted Fund8 Funds Total Funds 2022 Total Funds 2021 Noto Income from: Donations and legacles Donations 14.981 10.000 24,981 7,677 Charilable activities Subscriptions and actsvities 13.991 13,991 6,314 Other traing activities Publications income 1,702 1,702 3,051 Investmenl Income Bank Interest Rental income 1,056 5,316 1,056 5,316 524 4,229 Other Income Other inGome Total 37,046 10,000 47,046 21.795 Expendlture on: Raising funds Costs of Publications 3,625 3.625 1.440 Charitable activities 36,415 9,892 46.307 32,254 Tolal 40,040 9,892 49.932 33,694 Net Incomel (expendlturel and movemgnt In funds {2,9941 108 {2,886) 111,899) Reconclllatlon of funds: Total fvnds brought forward 426,572 17,837 444.409 456.308 Total funds carried forward 13 423,578 17,945 441,523 444.409 A statement of total recognised gains and losses is not included in these accounts, 88 there are no recognised galns and losses other than the loss or surplus for the year. 12
Tha Enll8ld Socle Company Number: 312134 8alanc¢ Sheet a5 at 31 Decembgr 2023 Note 2023 2022 Flxed assets Tangible assets 105,520 106,225 Current a5SDt5 Stottks Debtors Investments Cash al bank and in hand 23.071 4.472 178,552 112,558 22,529 4,341 178,327 133,629 318,653 338,826 Crgdltors: amounts falling due w5thln one year 10 3.650 3,528 Net current ass8ts 315,003 335,298 Totsl assets less current liabilltle8 11 420,523 441.523 Funds Unrestrlctod General reseNe Property revaluation reserve Designated reSee 13 13 13 274,414 89,129 39.571 309,865 89,129 24,584 403.114 423,578 Restricted 14 17,409 17,945 420,523 441.523 Totsl Gharlty Funds Capltal The company is limited by guarantee and has no share capital. The notes on pages 15 to 23 form part of thes8 financial statements. 13
The Enfigld Soclo Company Number. 312134 Balance Sh8et as at 31 Decgmber 2023 continued For the year ended 31 December 2023 the company was entitled lo exemptlon from audit under S477 of the Companies Act 2006 {Ihe A¢Y) relatsng to small companies. Dire The members have not required the company to obtain an audit of ils accounts forthe year under S476. The directors acknowfedge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the speclal provlslons appllcable to companies subject to the small companies, regime. Approved by the Managefftent Committee on 12 September 2024 and slgned on Its behatf by D Cock Chairnian T Fosler Treasurer 14
The Enfleld Socle Notes fomiln art of the un-audited Flnanclal Statemènts for the oar ended 31 December 2023 Status of Company The company is registered under the Companies Act 2006 as a company limited by guarantee and nol having share capital. The company is a registered charity {numbei 276451) its registered address is Jubilee Hall. 2 Parsonage Lane Enfield Middlesex EN2 OAJ. Each member ofthe company, in the event of the company being wound up. has limited liability of up lo £5. Accounting Policies Basls of preparation The financial statements have been prepared in ac¢ordan¢e wilh Ihe Charity's goverfiing documersl, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Slatement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019)". The charity is a Public Benefit Entity as defined by FRS 102. They are prepared on ihe historical cost basis. (bj Golng concem The Directors assess whether the use of going conrn is apEKopriale, i.e., whether there are any materkql uncertainties related to events or condiiions that may cast significant doubt on the ability of the charity to continue as a going concem. The Directors make Ihis assessment in respect of period of one year from the date of approval of the finanaal stalements. The Dlrectors conclude that there are no material UnrtaIntieS about the Charity's ability to (x)ntinue and accordingly the finanual statements are prepared on a going concem basts. (¢) Fixedassgts and dfjpreciation Previousty the company had taken advantage of the arrangements under FRS 15, which allow the TryIng value ofthe property acquired prior to 31 December 1999, which had been tevalued to be retained. This value has been retained wrthin the financial statements and considered an appropriate value on tpnsition to FRS 102. The property ts regarded as functional as it is used by the society for ts activilles and admlnlstration. Freehold land is not depCIated. No depreciation is made on freehold buildings as the Management Committee 1$ of the opinion that after taking into account the eslimted residual value of the buildings. the annual charge for depreciation Vuld be immaterial. Since depreciation Is not charged on f&hOld buildlngs. thé Management Committee undertakes a yearly irnpairment review. Fixed assets costing more than £1,000 are capitalised and carried in th8 balance sheetat historic cosl. Provision for depreciation is Made al rates calculated to write off the cost of fixed assets to their estimated residual value at the end of their anticipated useful live5 as follows-. Furniture and filtings Equipment 20% on reducing balance basis 10% on reducing balance basis 15
The Enfiold Socla Notes forniin continued art of tha un-audlted Flnanclal Statgmonts for the ear ended 31 December 2023 Id) Stocks and work In pmgréss Stocks and work in progress are valued at the lower of cost and net realisable value. Investments Investsments held as current assets are staled at the lower of cost and net Tealisable value. All income earned as a result of investments 1$ stated in the Slatement of Financial Activities. (fj Incomlng Resources All incoming resources are included in the Statement of Financial Activth-es (SOFA) when the Charity becomes legally enliued to the income, it is probable that the income will be received and the amount can be quantified with reasonable accuracy. All incoming resources are recognised in the period in whKh they are receivable in accordance wlth applicable aceounling stsndards. The income arises wholly in the United Kingdom. The society generates Its maln source of Income from donations. subscriptions. publications income, and rental income. Membership income is accounted for on a recelpts basis. (g) Rosourc•s experpded Liabilities are recognised as expendlture as soon as there is a legal or conslructive obligation mmitting the Charity to that expenditure. it is probabl8 that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is charged to the SOFA on an accruals basis, inclusive of any VAT, which cannot be recovor8d. Charitable expenditure comprk8es those costs incurred by the Charity in the delNery of its activities and services to its benefficiaries. It includes govemance and support costs. The c05& of raising ftJnd5 a)mprise those costs incurred by the Charty to raise publtcation income. Governance rnsts include those costs associated with meeting the constitutional and statutory requiremenls of the Charity and include the fees for independent review of the financial slaten*nts and any costs linked to the strategic management of Charity. Support and goveman¢e Costs are allocated to costs of raising funds and charitable activities on an adu81 invOd basis consistent with the use of these resources. (hj Cashllow Statement The Company qualifies as a small charity and under FRS 1021$ therefore not required to prepare a cash flow statement Taxatlon The company enjoys general relief from taxation under se¢tion 505 of th8 Incom8 and Corporation Taxes Act 1988. 16
The Enfleld Socle Notes formln continued rt of the un4ud¥ted Financial Statgmènts for the ear •ndgd 31 December 2023 u) Funds 8ccountlng Funds held by the Charity ar8: Unrestrcted furKls- these are funds that can be used in cOrdanCe with the charitable objects at the discretion ofthe Manwent Committee. Designated funds - these are funds which have been allocated to specffic puOSe$ al the dtscrelion of the Management Committee in accordance 1th the charitable objectwes. Restricted funds- these are fvnds that can onty be used for particular reslricled purposes within the objects of the Charity. Restrictions arise when $pe¢ified by Ihe donor or when funds are ra15ed for particular restricted purposes. Transfers beeen funds - transfers from unrestricted to deslgnal8d funds or restricted funds are at Ihe discrelion of the Management Committee. The purpose is to allocate resources to particular projects that are in accordance with the charitable objectives. Upon completion of a project. any surplus funds will be returned lo unrestricted funds and will b& reallocated al the discretion of the Managemenl Committee. Further explanation of the nature and purpose of each designated and reslftcted fund are induded in notes 13 and 14 ofthe financtal statements. (kj Financlal Instruments The only financial instruments held by the charÉty constitute investments, debtors and creditors. InveSents are referred to in note lel above and, the remaining are categorised as 'basic' in accordance with Section 11 of FRS 102 and are initially recognised at transaction price. These are subsequenuy measured at transaction price less any impairment. (i) Government grants Government grants are recognised at the fair value of the asset eiVed or receivable when there is reasonable assurance that the granl condltions will be met and the grants will be reGeived. (m) Crltlcaljudgements and estimates There are no significant areas of judgement or key assumpbons and UnrtaInty that effect items in the financial statements with respect to the next reporting per¢od for the year ended 31 DeceMr 2023. Management committee rernunerdtion None of the members ofthe Management Commbttee received any emoluments during the year. 6 Members of the Management Committee had expenses reimbursed totalling £1,829, in relation to charitable activities, in partKular newsletters, postage, printing and other support costs. (2022 members £1,638). There wer8 no employees during the year (2022-. nil). Key management of the Charity are regarded as the metY&)ers of the managernt Committee. They did not receiv8 remuneration or benefits in kind. 17
The Enfleld Socie Notgs forniln contlnu8d art of the un-audlted Flnanclal Statements for the ear ended 31 December 2023 Charitable activities These comprise of Costs incurred by the Society in the delivery of its charitable aclivilies and services for rts beneficiaftes.11 includes both costs that can be allocated directly to such activities and those costs of an indirect nature neSSary to support them. Un- Re5trictod Rtricted Funds Funds Total Funds 2023 Total Funds 2022 Grants and Donations Jubilee Hall expendilure Administration and support costs Depreciation Group Activllles Accountancy Legal and professlonal 14.006 14.730 9.155 705 2.569 3.654 196 676 14,882 14.730 9.155 705 2,569 3.654 196 24,908 4,270 9,084 806 2,574 3,480 1.185 45.015 676 45,691 46.307 Unre51ricled Restricled (Gtanls and donations) 38.415 9.892 46.307 The SIety makes grants to outside bodies to assist with ftjnding projects which further our objeclives. In 2023 these inclLKled payments.. to Enfield Council to support Open House Fesfival 2023 - £2,500., to Enfield Council for Museum services for their'unlold Edmnton. project- £7,500- to St John the Baptist Church for structural $utvey- £650", to Enfield Roadwatch for a habitat suNey in relation lo Green Belt land - £500., Donations for 2022, include donations totalling £15,018 to the Girfs Sunday School Foundation for repairs. insurance and legal work to resolve ownership issues in relation to the Charity School Hall in Edmonton £720., to the Canal & RNer Trust for a project under which chiklren in schools near the Lea Valley Navigaliorb researched Ihe history of important structures on the banks of the river through written records and oral reminiscences, the resuKs being displayed at an exhibition and made into a'virtual guide" app £4,000- to the Enfield Archaeological Society to fund half of the cost of a book on Elsyng Palace £2,800.. to Enfield Council io support Open House FestNal 2023 £2.000', to Cle2nupUK to support litter-picking operations ICleanupUK provide tools and other support for our Cleaner Neighbourhoods Group) £500., to Ihe Enfield Living Memorial Project to plant a circle of trees and set up a sculpture in the Town Park in memory of COVID victims £2,000., and to the Friends of Bush Hill Park for materials for a sensory garden £101. 18
The Enfield So¢ie Notes fomiin ¢ontlnued art of the un-audlted Flnan¢lal Statements for the ear ended 31 D¢¢ember 2023 Charitable activiti8s - continuEd Donations for 2022 include payments to Jubilee project £208. Friends of Gordon Hill Station £1,797, Enfield Lights Festival £750 and London Green Belt £25. The Girls, Sunday School Foundation is an unregistered charity whh owns the historic Charity School Hall in Edmonton. The Society has provided funding to the Foundation while woth is done to secure the future of the Hall. The Society has also provided, through Richard Stones, administrative assistance to the trustees of the Foundation. Tangible fixed assets Land Furnlture and Flttlngs & Buildings Equlpment Totsl Ct or valuation- At 1 January 2023 Additions 100,000 27,407 127,407 At 31 Decernber 2023 100.000 27.407 127,407 Depreaalion- At 1 January 2023 Charge for year At 31 December2023 21,182 705 21,182 705 21,887 21,887 Net book value= At 31 December 2023 100.000 5.520 105.520 At 31 December 2022 100.000 6,225 106,225 Messrs. Bowyer Bry¢e Chartered Surveyors re-valued the freehold property on 1 Juty 2010 as £100,000 at open market value. The historic cost of th8 freehold propety is £10.871. All material fixed assets are used for the support of tharitable actwities and for the adMinistratn of the company. stocks 2023 2022 Publications 23,071 22,529
The Enflold Socle Notes formln continued art of the un-audlted Flnanclal Statements for the ear ended 31 Docgmber 2023 Debtors 2023 2022 Debtors Prepayments and accrued itKome 3.926 3.861 4.472 4,341 All amounts under debtots fall due for payment within one year. Investments 2023 2022 Scottish Wmjows 7 day Notice Account Hampshire Trust One Year Bonds 94,085 84,467 94,085 84,242 178.552 178.327 Cash at bank and in hand 2023 2022 CUrnt account High Interest Business account Online Pay Pal Account Cash in hand 12,765 90,676 8,990 127 38,615 89,940 4,947 127 112,558 133,629 10 Crodltors: amounts falling du& wlthln one year 2023 2022 Accruals and deferred Incom8 3,650 3,528 3,650 3,528 11 Analysls of net assets between funds Unrestrlctad Restrfcted Funds Fund$ Total Fund$ 2023 Total Funds 2022 Tangible fixed assets Net current assets 105.520 297.594 105,520 315,003 106,225 335,298 17,409 Balance 31 Drnber 2023 403,114 17.409 420.523 441.523 Balance 31 December 2022 423,578 17,945 441.523 20
The Enfield Socle Notes fomiin continued art ofthe un4udlted Flna ¢ial atgmonts for tho ear ended 31 December 2023 12 Roconclllatton of movement of fundg Total Funds 2023 Total Fund8 2022 Un-Restrlcted De51gnat Fund6 Funds Restricted Funds Balance 1 January 2023 (Deficit)Isuiplus for the year Transfers belween funds 398,994 112,314) 123.137) 24,584 {8,150) 23,137 17.945 (536) 441.523 {21.000) 444,409 {2,886} Balance 31 Dmber 2023 363,543 39.571 17.409 42Q,523 441,523 Balance 31 December 2022 398,994 24,584 17,945 441,523 13 Reconciliation of movement of unrestricted funds Balance 1Jan 2023 Transfors and Outgoing revaluation resour¢es gains Balance 31 Dec 2023 Incomlng resources General r8serv8 309.865 Property revaluation reserv& 89,129 Deslgnated funds Tree Planting Natural Environment Communty noticeboard Minerva Fresco PCC of ST Johns Clay Hill Untold Enfield Enfield Drill Hall Sports Club All Saints Edmonton con1rtbuln to cost of Enfiekl Beast Lavender Hill War Memorial Lavender Hill Chapel Friends of Firs Farm 26,019 {38,3331 {23,1371 274,414 89,129 3,113 6,821 3.500 3,000 650 7,500 {3,113} 6,821 3,500 (3,)0> {6501 17,5001 4,250 5,000 4.250 5,000 5,000 5.000 5,000 5,000 5,000 5,000 5,000 5,000 423,578 26,019 (46,4831 403.114 21
The Enfleld Socle Notes fomiln contlnugd art of the un-audit•d Flnanclal Statements for the ear ondod 31 December 2023 13 Rgconciliation of movement of unrestricted funds Balance 1Jan 2022 Transfers and Outgolng revaluation resources gains Balance 31 Do¢ 2022 Incomlng resouTCeS General reserve 316,858 Property revaluation reserve 89,129 Designated funds Tree Planting Natural Environment Cornmunty noticeboard Canal & River Trust- History Detectwes Minerva Fresco Enfield Station Fund PCC of ST Johns Clay Hill Untold Enfield 37.046 (33,939) (10,1001 309,865 89,129 3,113 8,922 1,500 3,113 6,821 3,500 12,1011 2,000 4.000 3.000 14,000) 3,ODO {501 650 7,500 650 7,500 426,572 37,046 (40,0401 423,578 The Designated Funds exist for Ihe following reasons: Ongolng Funds The Tree Planting fund provides ftjnds to plant trees in the Green Belt. local parks, and streets in the tKJrough. The Natural Environmentfund is for the enhancementofthe natural environment of Enfield. The Enfield Stations Fund is to provide funding for Improvements lo the enwronmenl and buildings of stalions in the borough. Specrfic Funds These funds represent money earmarked for speafK grants agreed by the Management Committee Dugdale Museum- this reflects an offer to the Borough Council for funding for enhancing and extending the museum dk%play. In 2022 this fund was transferred back to the G8neral Fund when it became claar that the Council did not wish to take up the offer. Community Noliceboard- this is to provide funding for a not1bOard in Chase Green Gardens. Canal & River Trust - History DetectNes reflects a grant to provide funding to research the history of important structures on the banks of the Lee Navigation through wtrtten records and oral reminiscences. MineNa Fresco is to provide funding for a permanent establishment for the restored fragment of fresco from Broomfield House. PCC of ST Johns Clay Hill- a grant towards the cost of a struclural survey of the building. Untold ErTrfield- 8 grant to LBE for displays. events and &tivities to highlight the history of EdnK)nton. Enfield Drill Hall Sports Club- a grant lowards the cost of new extemal doors to the Drill Hall Community noticeboard at Chase Green Gardens - grant that provides fijnding for a community noticeboard Ail Saints Edmonton - grant to provKl8 match funding for a National Lottery Heritage Fund granl for various inf(iatives lo foster knowledge and appreciation of this hislortc building. Enfield Beast- a contrtbution to cost of The Enfield Beast. a children's book on the history of Enfield. Lavender Hill Cemetery War Metnottal and Chapel- grants towards the restoration of the war memorial and towards the cost of an Options Appraisal for the non-conformist chapel in the cemetery. Friends of Firs Farm- a grant for a heritage infotmation project at the Firs Farm wetlands. 22
The Enfield ocie Notes forniln contlnued art of the un4 ditgd Financlal Statements for the Bar ended 31 D8cember 2023 14 Restrictsd funds Balan¢e 1Jan 2023 Balanco 31De 2023 Incoming rosourcos Outgolng resources Transfers Green Belt Defence Broomfield House Enfield Counal The London Community Foundation - Jubilee Fund Granl 108 Benevity causes charity 11,532 105 6,200 (536) 10,996 105 6,200 108 140 (140) 17.945 140 (676) 17,409 Balance 1Jan 2022 Balance 31 De¢ 2022 In¢omlng resources Outgoing resources Transfers Green Belt Defence Broomfield House Enfield CouncAI The London Communty Foundation - Jubilee Fund Grant 11,532 105 6.200 11,532 105 6,200 10,( (9,8921 108 17,837 10.OCM) (9.8921 17,945 These Reslri¢ted Funds exist for the following reasons: The Broomfiekl House Fund is to support any approved revuse of the bullding. The Green Belt Defence Fund is in order to fund carnpaigns, where necessary to oppose any major threats in Enfield. The Enfield Council Fund is funding provided to encourage communities and support volun18ers in Edmonton to clean up the stetS and have pride in their local area. The London Community Foundation - Jubilee Fund Grant is a grant provided to celebrate Her Majesty The Queen's Platinum Jubllee celebratÈons. Benevity causes charity are donatlons re¢elved to be spent on the cost of plants in the Enfield area. 15 Related Party Tiansactlons The Society pays an Insuran premium based on m0Ver for Fthssional indemnty insurance for its Directors and Tiustees. The sum paid is induded in the general insurance prerrum. 23