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2024-12-31-accounts

The Enfield Society Limited by Guarantee

Registered as a Charity Charity Number 276451

Report and Financial Statements Year Ended 31 December 2024

The Enfield Society

- Annual Report and un audited Financial Statements for the year ended 31 December 2024

Contents

Page

The Enfield Society

Management Committee Report for the year ended 31 December 2024

The Members of the Management Committee present their report and the financial statements for the year ended 31 December 2024.

Reference and Administrative Information

The Enfield Society (TES) is a registered charity (number 276451) and is constituted as a company limited by guarantee (number 312134). Its objects, powers and other constitutional matters are set out in its Memorandum and Articles of Association. These financial statements have been prepared in accordance with the Society’s accounting policies and comply with the Society's own Memorandum and Articles of Association, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”.

Directors

Members of the Management Committee have legal responsibility as directors of the Society as a Company and as trustees of the Society as a Charity. All Committee members must be members of the Society. During the year ended 31 December 2024 and up to the date of signature, the following served as members of the Management Committee:-

David Cockle (Chair) Hilary Morris John Cole Val Munday - resigned 9 January 2024 Tony Foster (Hon Treasurer) Avril Nanton Robert Fowler Alison Parker - appointed 13 June 2024 Stephen Gilburt - retired 19 September 2024 Richard Stones (Hon. Secretary) Andrew Lack Alec Tyler - appointed 13 June 2024 Jan Metcalfe John West Stuart Mills Alison Yates - resigned 24 April 2024

Sadly one of our Joint Presidents, Monica Smith MBE, died in September 2024. At the Annual General Meeting in 2024 Leonard Will retired as a Vice-President and Stephen Gilburt was appointed a Vice-President following his retirement from the Management Committee. The remaining President (Colin Pointer) and the Vice-Presidents (Janet McQueen, Stephen Gilburt, M J Saunders MBE, and Alan J Skilton) are entitled to attend Management Committee meetings.

Professional Advisers

Bankers Barclays Bank plc 20 The Town Enfield Middlesex EN2 0AJ Independent Examiner Moore (South) LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP1 2TJ

Bankers Barclays Bank plc 20 The Town Enfield Middlesex EN2 0AJ Independent Examiner Moore (South) LLP 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP1 2TJ Registered Office Jubilee Hall 2 Parsonage Lane Enfield Middlesex EN2 0AJ

1

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

Structure, Governance and Management

The governing body of the 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 ex officio members; the remainder of the Committee are 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 support as appropriate to their role within the Society.

Principal Risks and Uncertainties

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 insurances and financial controls are adequate and that the computer records and backup systems are satisfactory and secure.

Objects, Public Benefit Aims, Objectives and Principal Activities

The Memorandum of Association of the Society incorporates the following object and aims: -

Object and Principal Activity

The object and principal activity of The Enfield Society is the conservation and enhancement of the civic and natural environments of the London Borough of Enfield and its immediate surrounding area, for the 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 the Charity Commission’s published general and relevant subsector guidance concerning the operation of the Public Benefit requirement under that Act. The Society provides benefit to the public in a variety of ways – for example by monitoring the quality and suitability of planned developments; campaigning for the protection of the Green Belt and other open spaces; monitoring the maintenance of existing footpaths and promoting new ones; encouraging the protection and conservation of heritage buildings; and informing the public about all these issues through its Newsletter and through digital media. More details of these benefits are given in the reports on Group activities below.

Strategic Aims

The main aims of the Society are to: -

2

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

Investment Policy

The policy of the Society is to be risk averse and all monies (other than those held in the Society’s current account) are held in interest bearing accounts. The Management Committee seeks to balance accessibility of the monies with obtaining a high rate of return. The members of the Management Committee are satisfied with the performance of these accounts.

Financial Results

.

Overall, there was a net increase in our total funds amounting to £670 (2023 – deficit £21,000) with income £85,651 and expenditure £84,981 (2023 - £26,159 and £47,159 respectively). The Society’s income fluctuates by reference to the legacies and other donations it receives. In 2024 The Society received a substantial legacy of £31,923 from the estate of the late John Lain; it also received a grant of £13,769 from Govia Thameslink Railway to fund the creation of a mural and other artwork at Enfield Chase Station (see below). Subscription income (£12,265) and associated donations from members (£5,347) were greater than the amounts received in 2023 (£9,293 and £2,848 respectively).

Expenditure fluctuates by reference, amongst other things, to the amount paid out in grants or applied in charitable projects in the year concerned. Of the Society’s expenditure on charitable activities, £55,927 (2023 - £14,682) was spent on grants and other projects designed to further our objectives: this included expenditure on the mural and artwork at Enfield Chase Station mentioned above and on obtaining professional advice in relation to our representations on the Enfield Local Plan (see below). £9,015 (2023 - £14,730) was spent on the maintenance and operation of Jubilee Hall (counterbalanced by rental income of £8,284 (2023 - £6,550)), £10,079 (2023 - £7,876) on the production and dispatch of our Newsletter and £6,443 (2023- £5,130) on the administration of the Society. The increased cost of the Newsletter arose partly from the need to use of a professional designer, as a volunteer was no longer available to provide this input.

Our total funds at 31 December 2024 were £421,193 (2023 - £420,523) of which £272,975 (2023 - £274,414) formed our General Reserve, which can be used for the charitable purposes of the Society generally.

The Society has been unable to claim Gift Aid for a number of years as a result of administrative difficulties in dealing with HMRC. These have recently been resolved and it is hoped that Gift Aid payments in respect of the 2022, 2023 and 2024 financial years will be received in the course of 2025.

We continue to monitor the risks to the finances on a regular basis. The Management Committee aims to ensure that the Society’s regular expenditure is met by its subscription income and associated member donations.

Reserves Policy

The Management Committee aims to keep liquid non-restricted reserves to cover (1) estimated running costs for two years (currently around £35,000); and (2) the potential costs of opposing some plan or development which is a serious threat to our objectives. Of this reserve £100,000 will be maintained in funds available within one year. Opposing Enfield Council’s draft Local Plan, explained below, is an example of the threats concerned.

The members of the Management Committee consider that the balance of the reserves, after deduction of the designated funds, restricted funds and tangible fixed assets, is reasonable in view of the high legal costs that could be incurred in defending the threats mentioned above.

3

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

Review of the year and future developments

Significant events and activities of the year included

Our membership has remained around 1,600. The Newsletter continues to be sent to all members (some now electronically) four times a year. New members are encouraged to join by the Society being advertised on community notice boards, having a presence at local festivals, as well as using the very active social programme of walks and talks, which are free of charge to all members.

TES continues to work closely with the Council, particularly with its Heritage Team. In addition, we have been working collaboratively with Enfield Road Watch and The CPRE (London) on matters associated with the Local Plan. We have also engaged with Chase Side Primary School, One Degree and Wren Academy with work on various projects associated with Enfield Chase & Gordon Hill Stations.

TES is represented at periodic meetings of Enfield Climate Action Forum, The London Forum and The London Green Belt Council.

Other activities of the Society in 2024 and the first part of 2025 are covered in the following reports.

The Group aims to benefit the public by improving the quality of the borough’s built environment through monitoring and commenting on planning issues.

Apart from the Local Plan (see above) the key priorities for the Group are to consider planning issues of strategic and significant importance in the borough of Enfield and to submit comments or objections as appropriate. The Group seeks to review all significant planning applications across the borough and members of the Group take responsibility for individual wards. Due to the large number of applications, the Group concentrates on larger planning applications, but if an individual Society member or a community group contacts us on a particular matter, we will discuss the matter with them, review the application and submit comments if appropriate.

4

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

During 2024/5 the Group has noticed a significant drop in the number of major applications with major schemes that have been approved - Edmonton Green Shopping Centre, Colosseum Retail Park, Travis Perkins site Winchmore Hill being all delayed or not proceeding. This reflects poor market conditions in the construction industry and rising cost of labour and materials. It is also possible that developers are waiting to see what decisions are made on the Local Plan with the Public Examination of the Plan in progress.

Cleaner Neighbourhoods Group

The Group’s litter-picking benefits the community by removing some of the rubbish which blights our streets and open spaces. The Group had 10 meetings in 2024 (they did not meet in May and July). A total of 140 volunteers gave 326 hours of time which includes administration and equipment cleaning time. 495 bags of rubbish and a vast amount of miscellaneous items were collected by our volunteers and then disposed of by Enfield Council. Postcodes targeted were N9 (three sessions); EN2, EN3 and N13 (two sessions each); and EN1 (one).

The list of volunteers is currently being updated (those who have not been for two years have been asked if they still wish to be on the list) but there are approximately 45 current volunteers.

- Conservation and Heritage Group

Following the Council’s decision to merge a number of consultative groups involving conservation areas, the Green Belt and transport into a new Environment Forum, the Society formed the Conservation and Heritage Group. The 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 buildings to meet and exchange information and ideas. This Group brings together those with an interest in historic buildings, the conservation area study groups and the Society’s work on buildings at risk. Its objective is to achieve public benefit through the enhancement and conservation of buildings of architectural or historical interest.

The Conservation and Heritage Group meets quarterly with representatives from the Conservation Area Groups, those with an interest in heritage buildings and Council Officers. The aim is to consider issues relating to conservation areas, Listed Buildings and buildings on the Local Heritage List. There is a focus on buildings and sites on the Historic England ‘At Risk Register’. While progress is be made on some sites such as a Heritage Lottery grant for Broomfield House and feasibility work on Lavender Hill Cemetery Chapel, there remains work to be done to ensure that all these buildings are safeguarded. During 2024/5 the Local Heritage List was published on both the Council and TES websites. This List updates an earlier outdated list and is the result of the Group’s work over recent years. It has been identified by Historic England as an example of good practice. The Group is also working on a draft list of heritage street furniture.

Edmonton and Eastern Enfield Group

The Group aims to pursue the Society’s objectives in the east of the Borough.

TES has teamed up with the Edmonton Hundred Historical Society to hold joint meetings in order to boost numbers. There has been a good turnout of Edmonton Group members at litterpicks in Eastern Enfield. We have also supported some events held in Fore Street Library, to celebrate Edmonton's Heritage.

- Enfield Chase and Gordon Hill Stations

Our members work together to enhance the environment of these stations for the benefit of the travelling public.

The Group was delighted to receive a Gold Award, from "Enfield in Bloom", for its display of colourful container planting at platform level. There has been continued engagement with Chase Side Primary School, children's artwork being displayed in designated poster frames on Platform 1.

The commission of the mural by Kremena Dimitrova has been mentioned above.

5

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

The Friends of Gordon Hill Station (FOGHS), a Group within the Society, is a member of Community Rail Network. In 2024 it received a Silver level in ‘It’s your Station’ and was notified of Gold to be collected in March 2025 for the 20th anniversary Community Rail Awards in Newcastle.

Volunteers maintain a gardening and wildlife group that tends platform planters, a community garden and other spaces featuring an insect hotel and wildlife friendly plantings. There is a wildlife sanctuary that can be seen at the barriers with wildlife cameras revealing birds, squirrels, badgers and foxes and the occasional muntjac. There are also two local litter pick groups. Railway users are encouraged to drop off bird food and support the community book exchange.

As well as the ongoing heritage exhibition in the waiting room, legacy art in the form of a helpful area map, a large mosaic, poetry and window art, there is always new art from local schools.

In 2024 we unveiled artwork and a guide to the creatures of Gordon Hill created in association with Bee Friendly Trust, Great Northern and the students at One Degree Academy and their Pop Art inspired paintings of “people on the train”.

We also watched several steam trains pass through and took part in London’s Open House Festival with over 100 guests for the WWII pillbox walk and talk.

2025 will see a new wooden planter; the publication of a Hertford Loop line Rail Ale booklet listing area highlights as well as pubs in walking distance of all the stations between Alexandra Palace and Watton-atStone; VE Day pebbles; Railway 200 celebrations and a WWII information panel.

Footpaths and Open Spaces Group

The aim of the Group is to benefit the public by protecting, maintaining and improving footpaths and open spaces in the Borough. Our programme of walks both within Enfield, the London area and surrounding countryside, provides members with the opportunity to regularly join fellow members on organised walks.

2024 saw completion of a full revision of the Society's footpath map reflecting the many changes that had taken place since the last edition was published in 2016. It is bigger and brighter than earlier versions with far more detail and walk options, but still folds down to a similar pocket-friendly size.

During the year a new path on Enfield Chase land directly linking Turkey Brook, near Rectory Farm, to Tingey Tops Pond and Crews Hill golf course was opened. Additionally, construction work was started on a route eastwards from The Ridgeway near Botany Bay that will also provide a link to Turkey Brook and Rectory Farm. However, we were informed that there continued to be slow progress in negotiations with Network Rail on the proposed link path beneath Rendlesham Viaduct to/from Hilly Fields. These and other future routes are shown on our new map.

During 2024 the Society organised 42 walks/visits and there were 730 attendees. Unfortunately, these were a marked reduction compared to previous years.

Due to a continued reduction in the number of available leaders, and the difficulty of planning far ahead, from September 2024 Society walks were no longer shown in the quarterly Newsletter, but by a monthly email - a system that gives far more flexibility, and on the Society's website.

We have organised some working parties to cut back vegetation on some badly overgrown permissive footpaths.

6

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

- Records and Research Group

This year the Records and Research Group was asked to contribute to the Society’s response to the Council’s Local Plan. We researched the original conditions under which Enfield land was acquired for the Green Belt in the 1930s, by going to original sources in other Archives. We were interested in whether the landowners sold their land with any caveats about the use of the land for development. We found evidence that the two major landowners, the Duchy of Lancaster and Trinity College Cambridge, did sell under the assurance that the land was for public recreation and not development. A report of what we found is documented in the Summer 2024 Newsletter.

We are continuing to digitise our transparencies and the initial work is almost done. Owing to the variable quality, we will be selecting the best ones to appear on the Photo Archive.

As a new project, some of the volunteers are now looking into developing an oral archive of the experiences of some of our long-standing volunteers.

- Trees

The Trees Group manages the Society’s tree nursery at Trentwood Side. Saplings donated by TES members are grown and made available to Friends of Parks Groups. During the past year we have moved to pot grown trees to make transplanting easier. The wet winter weather followed by a very dry spring has made growing conditions difficult and the group has needed to water the sapling regularly. We are currently in the process of contacting Friends of Parks Groups to see where trees are needed during the next planting season.

Grants

The Society makes grants to outside bodies to assist with funding projects which further our objectives. Grants paid in 2024 included grants to Enfield Drill Hall Sports Club, a locally listed building, towards the cost of installation of new external doors; and to All Saints Edmonton as match funding for a National Lottery Heritage Fund (NLHF) grant for various works including training and local surveys, as preparation for a larger capital programme.

Further grants approved included grants to Enfield Council to provide funding for an education officer to work with Enfield Museum Service; to St Alhelm’s church as a contribution to the cost of roof repairs; and to Enfield Voluntary Action as match funding for an NLHF-funded project called "Enfield - Our Stories".

Membership

Membership declined only slightly in 2024. Whilst this was against the recent trend (where it had declined sharply), it should be noted that the Society was prominently involved with the Local Plan consultation in the Spring, delivering some 25,000 leaflets to households in western Enfield. The bigger than expected number of new members reflects this, but overall membership numbers are a disappointment.

Paperless membership continues to grow as a proportion of the total. This will likely have an impact on the costs for printing and posting the paper newsletter to members.

2022 2023 2024
Individual members 1799 1672 1647
Households 1385 1290 1262
Paperless members (included above) - 397 490
New members 131 108 213

7

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

Website and Social Media

Website stats show a large increase as a result of the Local Plan consultation in the Spring. The Society crafted a web-form to make it easier for the public to make Regulation-19 representations and the web-stats reflect its success. Overall some 8,100 representations were submitted via the form (around 50% of the total received by the Council) from 3,400 people. About 50% of the people using the form were members

.

The decision was taken to cease using X (aka Twitter) and an account was opened with Bluesky.

Website
sessions		 Website users Facebook Instagram Bluesky
2022 37802 30417 2431 1341 -
2023 38857 29323 2500 1511 -
2024 74657 60689 2700 1886 60
% change 2023 92.13% 106.97% 8% 24.8% -

Online store

Total Sales Orders Memberships
sold		 Publications
sales		 Publication
items sold
2022 £3,262.66 315 262 £571.65 153
2023 £5,263.86 481 250 £692.82 277
2024 £8651.70 737 324 £1592.65 309
% change 2023 64.36% 53.22% 29.6% 129.87% 11.5%

Online sales grew significantly in 2024, boosted by an increase number of memberships sold and well as stronger publication sales. The website continues to be crucial to selling new membership as well as managing renewals. A new credit-card software module was installed in early 2024 which has significantly reduced abandoned orders which were caused by users confused by the PayPal login screen.

Publications

Publication sales grew strongly in 2024 with the website contributing significantly to the total. The Society uses WooCommerce, a free package for Wordpress. In 2019, the last year of operating the old package, publication sales were just 20 orders, value £178.52.

Two new publications were released in 2024; a revised edition of the Enfield Town Heritage Walk and a fully revised edition of the Footpaths Map , with 105 being sold in the last month of 2024 alone.

We received income from the sale of publications as follows (in addition to the online sales above)

Stall sales Secondhand books Cheque sales Retail outlets
2024 £351.70 £102.25 £22.50 £521.50

We received £172.19 from Publishers’ Licensing Services to reflect the use of our publications in libraries.

8

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

Events and member benefits

The Society attended the following events during 2024: St Georges Day Fayre and Carnival (28 April); The Big Help Out (9 June); The Palmers Green Festival (1 September) and the Parade of Lights (1 December).

Two Heritage walks were organised for members over the summer as follows: Winchmore Hill Village (22 September) and Edmonton Conservation Area (20 October).

Jubilee Hall

As well as being a venue for many Enfield Society activities and meetings Jubilee Hall continues to be rented out regularly to local groups and societies. This both advertises the Society and works as an asset for the community while providing an income to us. However it is an increasingly aged wooden structure and the Society has sought professional advice on what needs to be done to keep it in operation for the immediate future.

Volunteers

The Management Committee is very grateful for the continuing hard work and commitment of the many volunteers who sustain all aspects of the work of the Society.

In 2024 the Society completed all the necessary formalities to join Enfield Voluntary Action. It is hoped to use this body to help recruit volunteers in the future.

Key Management Remuneration Policy

The key management of the Charity are regarded as the members of the Management Committee. They did not receive remuneration or benefits in kind.

Directors’ Responsibilities

The Members of the Management Committee (who are known as “trustees” and are also directors of The Enfield Society for the purposes of company law) are responsible for preparing the Management Committee 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 trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to 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 charity and financial information included on the charity’s website.

9

The Enfield Society

Management Committee Report for the year ended 31 December 2024 (continued)

The report of the Management Committee has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime and was approved on the 18 September 2025

Signed on behalf of the Management Committee by

David Cockle - Chairman

10

The Enfield Societ

Independent Examiner's Repor to the Trustees on the un-audited Financial Statements fr the year ended 31 December 2024 of The Enfield Society

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ("the 2006 Act").

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe:

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 to be reached.

Use of my report

This report is made solely to the Charity's Trustees, as a body, in accordance with Chapter 3 of Part 8 of the Chariti.,,.,..'8'1"'1--,,;i11_ My examination has been undertaken so that I might state to the Charity's Trustees those s I a uir to state to them in an independent examiner's report and for no other purpose. To the d by law, I do not accept or assume responsibility to anyone other than the Charity and s as a body, for my examination, for this report, or for the opinions I have formed.

R be acdo aid F Chartered Accountant Moore (South) LLP Chartered Accountants 33 The Clarendon Centre, Salisbury Business Park, Dairy Meadow Lane, Salisbury, Wiltshire, SP1 2T J

Dated: 15 ·2.5 Se2.pteM.bQf 2.o

11

The Enfield Society

Statement of Financial Activities (Incorporating the Income & Expenditure Account) for the year ended 31 December 2024

Un-
Restricted Restricted
Funds
Funds
Note
£
£
Income from:
Donations, grants and legacies
4
38,570
15,029
Charitable activities
Subscriptions and activities
5
12,300
-
Other trading activities
Publications income
6
3,765
-
Investment Income,
Bank Interest
7,703
-
Rental income
8,284
-
_
_
Total
70,622
15,029
_
_
Expenditure on:
Raising funds
Costs of Publications
2,355
-
Charitable activities
7
67,932
14,694
_
_
Total
70,287
14,694
_
_
Net income/ (expenditure) and movement in funds
335
335
Transfers between funds
(140)
140
_
_
Net movement in funds
195
475
Reconciliation of funds:
Total funds brought forward
403,114
17,409
_
_
Total funds carried forward
16
403,309
17,884

 Total
Funds
2024
£
53,599
12,300
3,765
7,703
8,284
_
85,651
_
2,355
82,626
_
84,981
_
670
-
_
670
420,523
_
421,193
 Total
Funds
2023
£
4,503
10,829
2,781
1,496
6,550
_
26,159
_
1,468
45,691
_
47,159
_
(21,000)
-
_
(21,000)
441,523
_
420,523

A statement of total recognised 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 notes on pages 16 to 25 form part of these financial statements.

12

The Enfield Society

Statement of Financial Activities (Incorporating the Income & Expenditure Account) for the year ended 31 December 2023

Un-
Restricted Restricted
Funds
Funds
Note
£
£
Income from:
Donations and legacies
Donations
4
4,363
140
Charitable activities
Subscriptions and activities
5
10,829
-
Other trading activities
Publications income
6
2,781
-
Investment Income,
Bank Interest
1,496
-
Rental income
6,550
-
_
_
Total
26,019
140
_
_
Expenditure on:
Raising funds
Costs of Publications
1,468
-
Charitable activities
7
45,015
676
_
_
Total
46,483
676
_
_
Net income/ (expenditure) and movement in funds
(20,464)
(536)
Reconciliation of funds:
Total funds brought forward
423,578
17,945
_
_
Total funds carried forward
16
403,114
17,409

 Total
Funds
2023
£
4,503
10,829
2,781
1,496
6,550
_
26,159
_
1,468
45,691
_
47,159
_
(21,000)
441,523
_
420,523
 Total
Funds
2022
£
24,981
13,991
1,702
1,056
5,316
_
47,046
_
3,625
46,307
_
49,932
_
(2,886)
444,409
_
441,523

A statement of total recognised 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.

13

Company Number: 312134

The Enfield Society

Balance Sheet as at 31 December 2024

Note 2024 2023
£ £ £ £
Fixed assets
Tangible assets 8 104,902 105,520
Current assets
Stocks 9 25,995 23,071
Debtors 10 4,731 4,472
Investments 11 234,268 178,552
Cash at bank and in hand 12 55,377 112,558
_ _
320,371 318,653
Creditors: amounts falling due
within one year 13 4,080 3,650
_ _
Net current assets 316,291 315,003
_ _
Total assets less current liabilities 421,193
 420,523
_ _
Funds
Unrestricted
General reserve 16 272,975 274,414
Property revaluation reserve 16 89,129 89,129
Designated reserve 16 41,205 39,571
_ _
403,309 403,114
Restricted 17 17,884 17,409
_ _
421,193 420,523
Total Charity Funds _ _

Capital

The company is limited by guarantee and has no share capital.

The notes on pages 16 to 25 form part of these financial statements.

14

The Enfield Society

Company Number: 312134

Balance Sheet as at 31 December 2024 (continued)

For the year ended 31 December 2024 the company was entitled to exemption from audit under S477 of the Companies Act 2006 (‘the Act’) relating to small companies.

Directors’ responsibilities:

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies’ regime.

Approved by the Management Committee on 18/09/2025 and signed on its behalf by

D Cockle Chairman

T Foster Treasurer

15

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024

1 Status of Company

The company is registered under the Companies Act 2006 as a company limited by guarantee and not having share capital. The company is a registered charity (number 276451) its registered address is Jubilee Hall, 2 Parsonage Lane Enfield Middlesex EN2 OAJ. Each member of the company, in the event of the company being wound up, has limited liability of up to £5.

2 Accounting Policies

(a) Basis of preparation

The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”. The charity is a Public Benefit Entity as defined by FRS 102. They are prepared on the historical cost basis.

(b) Going concern

The Directors assess whether the use of going concern is appropriate, i.e., whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Directors make this assessment in respect of period of one year from the date of approval of the financial statements. The Directors conclude that there are no material uncertainties about the Charity’s ability to continue and accordingly the financial statements are prepared on a going concern basis.

(c) Fixed assets and depreciation

Previously the charity had taken advantage of the arrangements under FRS 15, which allow the carrying value of the property acquired prior to 31 December 1999, which had been revalued to be retained.

This value has been retained within the financial statements and considered an appropriate value on transition to FRS 102. The property is regarded as functional as it is used by the charity for its activities and administration.

Freehold land is not depreciated. No depreciation is made on freehold buildings as the Management Committee is of the opinion that after taking into account the estimated residual value of the buildings, the annual charge for depreciation would be immaterial.

Since depreciation is not charged on freehold buildings, the Management Committee undertakes a yearly impairment review.

Fixed assets costing more than £1,000 are capitalised and carried in the balance sheet at historic cost. Provision for depreciation is made at rates calculated to write off the cost of fixed assets to their estimated residual value at the end of their anticipated useful lives as follows:

Furniture and fittings 20% on reducing balance basis Equipment 10% on reducing balance basis

16

The Enfield Society - Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

(d) Stocks and work in progress

Stocks and work in progress are valued at the lower of cost and net realisable value.

(e)

Investments

(f)

Incoming Resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the Charity becomes legally entitled 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 which they are receivable in accordance with applicable accounting standards. The income arises wholly in the United Kingdom.

The charity’s main sources of income are donations, grants, subscriptions, publications income, and rental income.

Membership income is accounted for on a receipts basis.

(g) Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, it is probable 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 recovered.

Support and governance costs are allocated to costs of raising funds and charitable activities on an actual invoiced basis consistent with the use of these resources.

(h) Cashflow Statement

The Company qualifies as a small charity and under FRS 102 is therefore not required to prepare a cash flow statement.

(i) Taxation

The company enjoys general relief from taxation under section 505 of the Income and Corporation Taxes Act 1988.

17

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 continued)

(j) Funds accounting

Funds held by the Charity are:

Unrestricted funds – these are funds that can be used in accordance with the charitable objects at the discretion of the Management Committee.

Designated funds – these are funds which have been allocated to specific purposes at the discretion of the Management Committee in accordance with the charitable objectives.

Restricted funds – these are funds that can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Transfers between funds – transfers from unrestricted to designated funds or restricted funds are at the discretion 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 to unrestricted funds and will be reallocated at the discretion of the Management Committee.

Further explanation of the nature and purpose of each designated and restricted fund are included in notes 13 and 14 of the financial statements.

(k) Financial Instruments

The only financial instruments held by the charity constitute investments, debtors and creditors. Investments are referred to in note (e) 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 subsequently measured at transaction price less any impairment.

(l) Government grants

Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

(m) Critical judgements and estimates

There are no significant areas of judgement or key assumptions and uncertainty that effect items in the financial statements with respect to the next reporting period for the year ended 31 December 2024.

3 Management committee remuneration

None of the members of the Management Committee received any emoluments during the year.

6 Members of the Committee had expenses reimbursed totalling £964, in relation to charitable activities, in particular newsletters, postage, printing and other support costs. (2023 - 6 members £1,829).

There were no employees during the year (2023: nil).

Key management of the Charity are regarded as the members of the Management Committee. They did not receive remuneration or benefits in kind.

18

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

4 Income from grants, donations and legacies

Un- Total Total
Restricted Restricted
Funds		 Funds
Funds Funds
2024		 2023
£ £
£		 £
Grants 1,300 13,969
15,269		 1,000
Legacies 31,923 -
31,923		 -
Donations 5,347 1,060
6,407		 3,503
_ _
_		 _
38,570 15,029
53,599		 4,503

_ _
_		 _
Unrestricted 4,503
Restricted -
_
4,503
_
Income from charitable activities
Unrestricted Unrestricted
Funds Funds
2024 2023
£ £
Member subscriptions 12,265 10,829
Group activities 35 1,536
_ _
12,300 10,829
_ _
Income from investments
Unrestricted Unrestricted
Funds Funds
2024 2023
£ £
Jubilee Hall income 8,284 6,550
Bank interest 7,703 1,496
_ _
15,987 8,046
_ _

5 Income from charitable activities

6 Income from investments

19

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

7 Charitable activities

These comprise of costs incurred by the Society in the delivery of its charitable activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Un-
Restricted
Restricted
Funds
Funds
£
£
Grants and projects
41,233
14,694
Jubilee Hall expenditure
9,015
-
Administration and support costs
11,805
-
Depreciation
618
-
Member Activities
544
-
Accountancy
4,080
-
Administration expenses
637
-
_
_
67,932
14,694
_
_
Unrestricted
Restricted (Grants and donations)		 Total
Funds
2024
£
55,927
9,015
11,805
618
544
4,080
637
_
82,626
_		 Total
Funds
2023
£
14,682
14,730
9,155
705
2,569
3,654
196
_
45,691
_
45,015
676
_
45,691
_

The Society makes grants to outside bodies to assist with funding projects which further our objectives.

In 2024 these included the following payments:

For further information see notes 16 and 17.

In 2023 these included payments:

20

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

8 Tangible fixed assets

Land
Furniture
and
Fittings &
Buildings
Equipment
£
£
Cost or valuation:
At 1 January 2024
100,000
27,407
Additions
- -
At 31 December 2024
100,000
27,407
__
_
Depreciation:
At 1 January 2024
-
21,887
Charge for year
-
618
At 31 December 2024
-
22,505
_

Net book value:
At 31 December 2024
100,000
4,902
_
___
At 31 December 2023
100,000
5,520

 Total
£
127,407
-
127,407
__
21,887
618
22,505
_
104,902
_____
105,520

Messrs. Bowyer Bryce Chartered Surveyors re-valued the freehold property on 1 July 2010 as £100,000 at open market value. The historic cost of the freehold property is £10,871.

All material fixed assets are used for the support of charitable activities and for the administration of the company.

9 Stocks

9
Stocks
Publications
10
Debtors
Debtors
Prepayments and accrued income		 2024
£
25,995
__

2024
£
4,149
582
___
4,731
 2023
£
23,071
__
2023
£
3,926
546
___
4,472
_ _

All amounts under debtors fall due for payment within one year.

21

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

11
Investments
Scottish Widows 7 day Notice Account
Hampshire Trust One Year Bonds
Cambridge Building Society
United Trust
12
Cash at bank and in hand
Current account
High Interest Business account
Online Pay Pal Account
Cash in hand

13
Creditors: amounts falling due within one year
Accruals and deferred income
14
Analysis of net assets between funds
Unrestricted
Restricted
Funds
Funds
£
£
Tangible fixed assets
104,902
-
Net current assets
298,407
17,884
_
_
Balance 31 December 2024
403,309
17,884
_
_
Balance 31 December 2023
403,114
17,409

 2024
£
79,085
87,605
31,312
36,266
_
234,268
_
2024
£
17,536
31,166
6,548
127
_
55,377
_
2024
£
4,080
_
4,080

Total
Funds
2024
£
104,902
316,291
_
421,193
____
420,523
 2023
£
94,085
84,467
-
-
_
178,552
_
2023
£
12,765
90,676
8,990
127
_
112,558
_
2023
£
3,650
_
3,650

Total
Funds
2023
£
105,520
315,003
_
420,523
____

22

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

15 Reconciliation of movement of funds

Total
Un-Restricted
Designated
Restricted
Funds
Funds
Funds
Funds
2024
£
£
£
£
Balance 1 January 2024 363,543
39,571
17,409
420,523
Surplus/(deficit) for the year 14,751
(14,416)
335
670
Transfers between funds (16,190)
16,050
140
-
_
_
_
_
Balance 31 December 2024
362,104
41,205
17,884
421,193
_
_
_
_
Balance 31 December 2023
363,543
39,571
17,409
420,523
_
_
_
_
Un-Restricted
Designated
Restricted
Funds
Funds
Funds
Funds
2023
£
£
£
£
Balance 1 January 2023 398,994
24,584
17,945
441,523
(Deficit)/surplus for the year (12,314)
(8,150)
(536)
(21,000)
Transfers between funds (23,137)
23,137
-
-
_
_
_
_
Balance 31 December 2023
363,543
39,571
17,409
420,523
_
_
_
_
Balance 31 December 2022
398,994
24,584
17,945
441,523
_
_
_
_
16
Reconciliation of movement of unrestricted funds
Balance
Transfers and
1 Jan
Incoming
Outgoing revaluation
2024
resources
resources
gains
£
£
£
£
General reserve
274,414
69,827
(55,076)
(16,190)
Property revaluation reserve
89,129
-
-
-
Designated funds
Natural Environment
6,821
-
(1,439)
-
Community noticeboard
3,500
-
(2,554)
-
Enfield Drill Hall Sports Club
4,250
-
(4,250)
-
All Saints Edmonton
5,000
-
(5,000)
-
Contribution to cost of Enfield
Beast
5,000
-
-
-
Lavender Hill War Memorial
5,000
-
-
-
Lavender Hill Chapel
5,000
-
-
-
Friends of Firs Farm
5,000
-
-
-
Blue plaques
-
795
(1,968)
1,250
Heritage Education Project
-
-
-
10,000
St Aldhelm’s Church Roof
-
-
-
2,000
Enfield Voluntary Action
-
-
-
2,000
St John’s Clay Hill
-
-
-
800
_
_
_
_
403,114
70,622
(70,287)
(140)



 Total
Funds
2023
£
441,523
(21,000)
-
_
420,523
_
Funds
2022
£
444,409
(2,886)
-
_
441,523
_
Balance
31 Dec
2024
£
272,975
89,129
5,382
946
-
-
5,000
5,000
5,000
5,000
77
10,000
2,000
2,000
800
_
403,309

23

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

16 Reconciliation of movement of unrestricted funds

General reserve
Property revaluation reserve
Designated funds
Tree Planting
Natural Environment
Community noticeboard
Minerva Fresco
PCC of ST Johns Clay Hill
Untold Enfield
Enfield Drill Hall Sports Club
All Saints Edmonton
Contribution to cost of Enfield
Beast
Lavender Hill War Memorial
Lavender Hill Chapel
Friends of Firs Farm		 Balance
Transfers and
1 Jan
Incoming
Outgoing revaluation
2023
resources
resources
gains
£
£
£
£
309,865
26,019
(38,333)
(23,137)
89,129
-
-
-
3,113 - - (3,113)
6,821
-
-
3,500
-
-
3,000
-
-
(3,000)
650
-
(650)
-
7,500
-
(7,500)
-
-
-
-
4,250
-
-
-
5,000
-
-
-
5,000
-
-
-
5,000
-
-
-
5,000
-
-
-
5,000
_
_
_
_
423,578
26,019
(46,483)
-



 Balance
31 Dec
2023
£
274,414
89,129
-
6,821
3,500
-
-
-
4,250
5,000
5,000
5,000
5,000
5,000
_
403,114

The Designated Funds exist for the following reasons:

Ongoing Funds

The Tree Planting fund provided funds to plant trees in the Green Belt, local parks, and streets in the borough.

The Natural Environment fund is for the enhancement of the natural environment of Enfield.

Specific Funds – These funds represent money earmarked for specific grants agreed by the Management Committee

Community Noticeboard – a grant to provide funding for a noticeboard in Chase Green Gardens. PCC of ST Johns Clay Hill – a grant towards the cost of a structural survey of the building. Untold Enfield – a grant to LBE for displays, events and activities to highlight the history of Edmonton. Enfield Drill Hall Sports Club – a grant towards the cost of new external doors to the Drill Hall All Saints Edmonton – a grant to provide match funding for a National Lottery Heritage Fund grant for various initiatives to foster knowledge and appreciation of this historic building.

Enfield Beast – a contribution to cost of The Enfield Beast, a children’s book on the history of Enfield. Lavender Hill Cemetery War Memorial 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 information project at the Firs Farm wetlands.

Heritage Education Project – a grant to Enfield Council to provide funding for an education officer to work with Enfield Museum Service.

Enfield Voluntary Action - match funding for an NLHF-funded project called "Enfield - Our Stories". Blue Plaques – creation of a trail of blue plaques on shops and business premises.

St Aldhelm’s church - a contribution to the cost of roof repairs.

24

The Enfield Society

- Notes forming part of the un audited Financial Statements for the year ended 31 December 2024 (continued)

17 Restricted funds

Balance
1 Jan
Incoming
Outgoing
2024
resources
resources
£
£
£
Green Belt Defence
10,996
-
(700)
Broomfield House
105
-
-
Enfield Council
6,200
-
-
The London Community
Foundation - Jubilee Fund Grant
108
-
-
Benevity for plants
-
200
(40)
The Girls’ Sunday School
Foundation
-
1,060
(228)
Great Northern Grant – Enfield
Chase Station Artworks
-
13,769
(13,726)
_
_
_
17,409
15,029
(14,694)
_
_
_
Balance
1 Jan
Incoming
Outgoing
2023
resources
resources
£
£
£
Green Belt Defence
11,532
-
(536)
Broomfield House
105
-
-
Enfield Council
6,200
-
-
The London Community
Foundation - Jubilee Fund Grant
108
-
-
Benevity causes charity
-
140
(140)
_
_
_
17,945
140
(676)
Transfers
£
-
-
-
-
140
-
-
_
140
__

Transfers
£
-
-
-
-
-
_
-
 Balance
31 Dec
2024
£
10,296
105
6,200
108
300
832
43
_
17,884
__
Balance
31 Dec
2023
£
10,996
105
6,200
108
-
_
17,409

These Restricted Funds exist for the following reasons:

The Broomfield House Fund is to support any approved re-use of the building.

The Green Belt Defence Fund is in order to fund campaigns, where necessary to oppose any major threats in Enfield.

The Enfield Council Fund is funding provided by the Council to be used for restoration/re-siting of the Lower Edmonton War Memorial.

The London Community Foundation - Jubilee Fund Grant is a grant provided to celebrate Her Majesty The Queen’s Platinum Jubilee celebrations.

Benevity causes charity are donations received to be spent on the cost of plants in the Enfield area. The transfer £140 relates to income received in previous year that should have been restricted. The Girls’ Sunday School Foundation supporting efforts to restore and find a new use for the 18th century Charity School buildings in Edmonton.

The Enfield Station Garden Fund is to provide funding for garden planting and other improvements to the environment of Enfield Chase Station

The Charity School Fund hold funds for use in connection with the historic Edmonton Charity School. Great Northern Grant - Enfield Chase Station Artworks to provide project for benefit of local community of the Govia Thameslink railway network.

18 Related Party Transactions

The Society pays an insurance premium based on turnover for professional indemnity insurance for its Directors and Trustees. The sum paid is included in the general insurance premium.

25