Company no: 1559198
Charity no. 282716
THE
SOCIETY
The Elfrida Society
(Limited by Guarantee)
Report and Financial Statements
For The Year Ended
31 March 2024

The Elfrida Society {Limited by Guarantee)
Contents
Legal and administrative details
Trustees, Report
2-10
Independent Auditorfs Report
11-14
Statement of Financial Activities
15
Balance Sheets
16
Statement of Cash Flows
17
Notes to the Accounts
18-29

The Elfrida Society
(Limited by Guarantee)
Le
al and adminlstrative detalls
Status
The organisation is a charitable company limited by guarantee, incorporated
on l May 1981 and amended to change the name on 12 March 1990 and 31
December 1996, and registered as a charity on 6 July 1981.
Governing document
The company was established under a memorandum of association which
established the objects and powers of the charitable company and is governed
under its articles of association.
Company number
1559198
Charity number
282716
Registered office and
operational address
34 Islington Park Street
London
Nl IPX
Honorary offlcers
Patience Wilson
Martin Wallin
Adrian Brown
Inarm Osborn
Chair
Paul James Bartram
Samira Hotobah-During
Alex Leeson-mill
Virtoria Helen Middleton
Treasurer
Appointed on 710812024
Resigned on 0510512023
Deceased - 2810412023
Virtor Khureya
Peter Wong
Prlnclpal staff
Maria Dolly Galvis Zapata
Bankers
CAF Bank Ltd
25 Kings Hill Avenue
Kings Hill
West Mallin8
ME19 4JQ
National Westminster Bank plc
Highbury and Islington Branch
11 Upper Street
London
Nl OPQ
Goldwins
Chartered Accountants and Statutory Auditors
75 Maygrove Road
West Hampstead
London
NW6 2EG
Audltors

The Elfrida Society (Limited by Guarantee)
Trustees, report
The Board of Trustees present their report and the audited financial statements for the year
ended 31 March 2024.
Legal and administrative information set out on page I forms part of this report. The financial
statements comply with current statutory requirements, the memorandum and articles of
association and the Statement of Recommended Practice- Accounting and Reporting by Charities
Charities SORP 2015.
Objects of the charity
The objects for which The Elfrida Society is established are:
To promote and advance the welfare, education, training in the lives of people with learning
disabilities andlor learning difficulties (the beneficiaries) to ensure that so far as p055ible they
may develop as individuals and members of society and that their disabilities may be relieved;
To provide in the interests of social welfare, facilities for the recreation and other leisure-time
occupation of beneficiaries to develop their mental, physical and spiritual capacities and
improve their conditions of life by ensuring we follow our ethics of offering choice and
empowerment, opportunity, trust and care;
To relieve poverty, distress and sickness among beneficiaries and their families.
Public Benefit
The Elfrida Society Trustees are committed to the guidance provided by the Charity Commission
on Public Benefit. All our project activities aim to benefit individuals with learning disabilities and
neurodiversity (our beneficiaries).
Commitment to Incluslon and Equality
We uphold a strong commitment to Equal Opportunities and Diversity. Our activities are inclusive;
welcoming adults with learning di53bilities and neurodiversity ILDND} regardless of gender, race,
faith, or personal circumstances. Importantly, all our services are provided free of charge to those
who utilise them.
At the Elfrida Society, we continuously evaluate our approach to inclusion and equality. This
includes adopting more progressive methods of co-production and ensuring the voices of those
with lived experiences are central to our decision-making. We are also critically assessing the
language we use to describe our work, starting with the language found in our current
constitution, to better reflect the community we serve and work alongside.
The term 'learning disabilities remains a cornerstone of our work because of its recognition
within UK law, providing crucial rights and protections for those affected. Our expertise in this
area is vita I to safeguarding these rights, particularly in the realms of lea rn ing disabilities, autism,
learning difficulties, and any other challenges faced by our beneficiaries. However, we also
recognise the importance of using more positive and inclusive language. By incorporating
neurodiversity" into our terminology, we aim to better encompass the broad spectrum of
individuals we seek to reach and support, acknowledging the diversity of experience5 and needs
within our community.

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Trustees. report
Our Legacy and Mission
Since our founding in 1919, the Elfrida Society has been dedicated to removing barriers that limit
the life chances of individuals with learning disabilities and neurodiversity. This reporting period
has been marked by unprecedented challenges as the UK continues to face the ongoing cost-of-
living crisis, which has had a profound impact on vulnerable communities. These difficulties have
directly resulted in reduced fu nding for our charitable activities, limiting our ability to respond to
increased demand for support when it is most needed.
Despite these obstacles, our commitment to our charitable objectives remains steadfast. We
continue to provide services and support that empower people with learning disabilities and
neurodiversity to build connections, lead happy and independent lives, and enjoy meaningful
experiences. The needs and wishes of those we support remain central to our organisation,
guiding both our service design and decisions on staffing. Our mission extends beyond individual
empowerment, encompassing the prevention and relief of poverty, the promotion of social
inclusion, and advocacy for the challenges faced by individuals with learning disabilitie5 and
neurodiversity. We are navigating a complex landscape, but our focus remains clear.. to advocate
for and support our community, even in the face of reduced resources and increased demand.
Progress and Achievements
Throughout 2023-2024, we have rnade significant strides in expanding our reach across London
boroughs and beyond. Our strategy focuses on continued growth, enhancing the quality of our
services for individuals with learning disabilities and neurodiversity, their fa milies, and caregivers.
Over the past year, we have successfully connected with more individuals than ever, striving to
maximise our impact and drive change within the community.
Responding to Challenges
We acknowledge that there is still much work ahead. The current economic climate has presented
unique challenges, including rising costs of living, food insecurity, and social isolation among
vulnerable populations. This environment has provided challenges for our planning efforts and
those of our partners and community Stakeholders. Additionally, the funding landscape has
become unpredictable, with many grant programs being paused as funders reassess their
objectives in light of ongoing crises. As the cost-of-living crisis escalates, we anticipate even
greater challenges for ourselves, local services, and our beneficiaries.
In response, we have restructured our operations to better address these emerging needs. We
are collaborating with both existing and new partners to develop support services aimed at
helping the learning disabilities and neurodiversity community manage food and fuel poverty,
health issues, and social isolation. While we strive to provide essential advocacy, crisis support,
and a safe space for assistance, we recognise that some of the needs -such as living wages,
affordable housing, and accessible healthcare- extend beyond our immediate control.
Moving forward. our focus will be on delivering effective support at critical moments, while
fostering collaboration among communities, partners, and policymakers to co-design sustainable
solutions that empower ind ividuals with learning disabilities and neurodiversity to navigate these
challenges. Our past efforts and the priorities outlined in our strategic plan position us well to
tackle upcoming challenges, seize opportunities, and pursue our ambitions with resilience and
dedication.

The Elfrida Society (Limited by Guarantee)
Trustees, report
We hope this report illustrates the potential within our community and demonstrates how
individuals with learning disabilities and neurodiversity continue to exhibit resilience and effect
change. The synergies we foster with the learning disabilities and neurodiversity community, local
authorities, service providers, and professionals remain vital partnerships, driving progress
toward our strategic goals over the next 3-5 years.
Collaborations and Partnership5
Over the past year, we have significantly strengthened our collaborations with the learning
disabilities and neurodiversity community. By listening to the voices of those with lived
experience of exclusion and inequality, we have ensured that our services and priorities are
directly informed by the people we support. Our commitment to participatory action research
and policy advocacy has empowered individuals with learning disabilities and neurod iversity to
communicate their concerns and ideas to those in positions of power, driving meaningful change.
Our achievements have been made possible through the generous support of our partners,
community members, and funders. Their investment has allowed us to expand our vision for
learning disabilities- and neurod iversity-led change at both local and national levels, even am idst
ongoing challenges such as the cost-of-living crisis. As we navigate these difficulties, the continued
trust and backing of our collaborators will be vital.
We also extend our gratitude to our dedicated staff and volunteers, whose resilience and
commitment have been instrumental in maintaining our support for people with learning
disabi lities and neurodiversity. Their passion ensures that we remain well-prepared to face the
challenges ahead, including our ongoing focu5 on diversity and inclusion within our orga nisation.
Our Sites and Redevelopment Plans
We have made significant progress in our redevelopment plans. We have commissioned an
architect to prepare and submit our planning application to Islington Council. Additionally, an
independent accessibility audit, funded by the City Bridge Foundation, has been completed. The
results of this audit will guide the design of our new, fully inclusive space, marking a major step
forward in our mission to create a welcoming and accessible community hub as well as to
maximise and diversify income streams from our assets.
Our Projects and Initiatives
Over the past year, the Elfrida Society has demonstrated resilience and collaboration in
5UPPOrting the learning disabilities and neurodiverse community. As we face the challenges of
2023-24, including the worsening cost-of-living crisis, our work is more crucial than ever. Our key
achievements and initiatives include:
Expanding our specialist and independent advocacy provision for adults and parents
across London and counties beyond London.
Expanding our healthcare training for professionals and enhancing easy-read
materials.
Growing consultation, co-production, and peer research initiatives to empower
community advocates in service design.
Collaborating with local councils and Protection Approaches to support victims of hate
crimes.

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Trustees. report
Increasing capacity to sustain advocacy services across more hospitals and GP
surgeries, thanks to new funding.
Healthcare Access Barriers and Gaps in Provision
Access to healthcare remains a significant challenge for those we support, as well as other
vu Inerable groups. People with learning disabilities and neurodiversity often face substantial
barriers in accessing the healthcare they need. These include difficulties in communication, lack
of understanding or awareness among healthcare professionals, and inadequate
accommodations for their specific needs. The consequences of these barriers can be severe,
leading to misdiagnoses, delayed treatments, and poorer health outcomes overall. Moreover, the
ongoing strain on the NHS and social care services, exacerbated by economic pressures, has
intensified these challenges. Long waiting times, reduced availability of specialised services, and
limited support for mental health are issues that disproportionately affect those with learning
disabilities and neurodiversity. As a result, many in our community struggle to receive the
consistent, high-quality care they deserve.
Healthcare Advocacy and Hospital Liaison Work - The Elfrida Society is working to address
barriers and gaps in provision by advocating for better healthcare access and supporting
individuals in navigating the system. We offer specialist advocacy services, helping our
beneficiaries to communicate their needs effectively and ensuring their voices are heard within
the healthcare system. Additionally, we are collaborating with healthcare providers to promote
greater awareness and understanding of the specific challenges faced by the learning disabilities
and neurodiversity community.
During November 2023 and March 2024, we carried out a research project funded by Cloudesley
and the Partners for Health grant, which identified gaps between healthcare services and
advocacy, especially in hospital discharge processes. The final report showed that discharge from
hospitals was a huge concern and service users and professionals would value greater cohesion
between themselves and advocacy services to ensure patients with learning disabilities were fully
supported back in the community and that links are made to continue referrals and provide wider
support networks. As part of the funding from Cloudesley, we were able to improve
communication pathways with LD nurses and community teams to increase their awareness of
available advocates and to connect them with patients they had concerns about. Our advocacv
services were expanded to address these i55ues, resulting in new referral cases and better
collaboration within hospitals and community health teams.
Learning from Llves and Death5 (LeDeR) Programme Representatlve - The Elfrida Society is a
proud member of the Learning from Lives and Deaths ILeDeRI program for people with learning
disabilities and autistic individuals. Research shows that, on average, people with learning
disabilities and autistic ind ividuals experience earlier mortality and often receive lower-quality
care compared to the general population. We are committed to helping change this. As members
of the LeDeR steering groups for Islington and North London, we advocate for the learning
disability community, ensuring that their voices are heard and that positive changes are made by
learning from best practices and improving care standards.

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Trustees, report
Learning Disability and Auttsm Training and Awareness Raising - In 2023-24, our experts with
lived experience co-produced and delivered interactive training on Learning Disability and Autism
to professionals in sectors such as healthcare, social seNices, and emergency services.
Responding to the evolving economic and legislative landscape, we expanded our training to
include Police, Fire Brigade, Jobcentre Plus, and Social Services, aiming to improve the skills of
professionals and enhance services for people with learning disabilities and neurodiversity.
Elfrida Society Parents Project {ESPP}
The ESPP provides advocacy for parents with learning disabilities, neurodiversity, or mental health
issues. Despite management changes, the project remained steady, receiving 54 new referrals in
2023-24. Advocates actively support parents, 80% of whom are mothers, through various stages
of care proceedings.
A key development was overhauling internal procedures to encourage earlier referrals for
advocacy during Child in Need and Child Protection stages. This led to improved engagement and
earlier intervention. Additionally, a trial of parental support sessions to teach basic care skills
showed promising results.
Care Act and Communlty Advocacy Project
Funded by Rethink, the Care Act and Community Advocacy Project supported 26 clients in the
past year. While most were long-standing cases, the project maintained strong working
relationships and began balancing new referrals with health advocacy work.
Consultation Service Projects
Our user-led Carer Wiew Monitors resumed their monitoring schedule, visiting 27 properties and
services. Their reports were highly praised by local authority commissioners, and the team
enhanced their knowledge through additional training on fire safety and communication
methods. This improved both their reporting quality and confidence.
The Power and Control team also made strides by negotiating better participation in council
meetings and public events. They successfully coordinated several public consultation events
alongside the Family Carers Action Group and were able to attract many service users and family
carers to contribute ideas and suggestions. They have also established new partnerships with key
services and professionals in a range of areas including the police, the fire brigade, hate crime
awareness forums, etc., and they raised their profile through a photo shoot with Photosymbols.
Tea and Talks Social Group
Launched in November 2023, the Tea and Talks group provides a social space for individuals with
learning disabilities and neurodiversity to learn about local services. The group ha5 seen growing
participation and hosted numerous presentations from profe5siona15 and organisations,
contributing to both local and national projects.

The Elfrida Society {Limited by Guarantee)
Trustees, report
Sports and Recreational Activities
Our sports programs continue to promote inclusion and well-being for individuals with learning
disabilities and neurodiversity.
Key achievements for 2023-24 include:
Over 100 regular participants in tennis, football, cricket, and fitness sessions.
225 attendees at Learning Disability Week sports event 2023, promoting community
engagement.
Our sports programs have been expanded to work with young people aged 16 and over, thanks
to partnerships with City and Islington College. In February 2024, we proudly received the Sport
Gives Back Group of the Year Award, recognising our commitment to making sports accessible
for all.
Future Priorities for 2024-25 - Looking ahead, our key priorities include:
Increasing engagement with schools and colleges.
Developing more community champions to inspire peers.
Expanding partnerships with organizations committed to accessible sports and inclusion.
By continuing to build on these initiatives, we are determined to create lasting positive impacts
for the communities we serve.
Hate Crime Awareness and Capacity Building
The Elfrida Society is actively addressing the challenges faced by individuals with learning
disabilities in reporting hate crimes. We have partnered with the Police, Local Councils, and
Protection Approaches in the Hate Crime Community Outreach and Resilience Project, funded by
the London Mayor's Office for Policing and Crime IMOPACI. This project aims to build capacity in
supporting victims of hate crime. Our staff and supported employees are now trained as Hate
Crime Prevention Champions, committed to assisting those affected. Additionally, we have
created accessible materials, including easy-read posters, pamphlets, and videos, to guide
individuals on reporting hate crimes, fostering a safer community.
Easy Read and Accessible Information Service
This year, we expanded our Easy Read and Accessible Information service to make complex
information clea rer for people with learning disabilities and neurodiversity. Our co-produced
materials ensure clarity and user-friendliness. Despite challenges, we are focused on growing our
client base within the NHS, local authorities, and professional sectors, ensuring that all
communications empower individuals to engage fully with the information around them.
Consultation and Co-Production with Local Communities
The Elfrida Society plays a vital role in representing the learning disability and neurodiverse
community, ensuring their experiences shape policy and practice. Our co-production efforts have
strengthened, with ind ividuals increasingly leading our initiatives. In 2023, we expanded the reach
of the On Your Marks Open Forum and the Learning Disability Week Sport Event, which engaged
over 300 participants. These efforts have boosted our presence, and we aim to grow further in
2024-25 through increased investment and collaboration.

The Elfrida Society (Limited by Guarantee)
Trustees, report
Community Living Magazine
We proudly support and contribute to Community Livino Magazine, offering insights into the
challenges faced by people with learning disabilities and neurodiversity. As active members of its
Editorial Board, we ensure that the voices and experiences of these individuals are represented,
particularly during the ongoing social and economic recovery from the pandemic.
Risk Management and Safeguarding
We maintain a comprehensive Risk Register, reviewed quarterly by our Board of Trustees. Our
Chief Executive and senior managers ensure effective risk management and safeguarding for
vu Inera ble adults and staff. Our safeguarding policies are regularly updated, and rigorous health
and safety measures are enforced, with continuous training and external support to uphold the
highest standards.
Governance and Financial Oversight
The Elfrida Society is committed to strong governance and financial oversight. Our Board of
Trustees continually enhances its skills and diversity to better reflect the communities we serve.
In 2024, we successfully recruited two new trustees, including a representative from the autistic
community, and we continue to seek members with lived experience of learning disabilities and
neurodiversity. Our Finance Sub-committee oversees our financial health, ensuring stability and
adaptability in a challenging economic environment. Through our BoardLink Advisory Group,
representatives from the learning disability community are actively involved in Board discussions,
ensuring their voices shape our governance.
Equality, Diversity. and Inclusion
As a Disability Confident Committed employer, we prioritise equality, diversity, and inclusion
across all aspects of our work. We are proud of our diverse team, which includes 15 individuals
with learning disabilities and neurodiversity. Our policies ensure fair treatment for all, and we
provide ongoing support and development opportunities, ensuring that everyone in our
organisation can thrive.
Board of Trustees
Our Board of Trustees, compliant with Charity Commission rules, is responsible for key decisions,
including property management, risk policy, and strategic oversight. Our Trustees, who volunteer
their time, bring a diverse range of skills and a deep commitment to our mission. Their effective
governance and strategic leadership have been critical to our success in navigating the challenges
of the past year, ensuring we continue to achieve positive outcomes for the communitywe service
and work alongside.
Fundraising and New Funding Initiatives
The Elfrida Society remains committed to ethical fundraising, strictly following the Fundraising
Regulator's Code of Fundraising Practice and ensuring compliance with GDPR. We maintain a
respectful and non-intrusive approach, avoiding cold-calling or using third-pa rty fundraisers,
while nurturing strong relationships with funders and supporters, which is essential in today's
competitive fundraising landscape.

The Elfrida Society {Limited by Guarantee)
Trustees, report
Despite the economic challenges of 2023-24, particularly the ongoing cost-of-living crisis, we have
secured crucial funding to meet our charitable goals. While we've reduced our deficit compared
to previous years, we closed the financial year with a deficit of (£41,688) due to our dedication to
maintaining essential projects, such as advocacy, consultation, and sports. With rising demand for
services and increasing costs, we are strategically focusing on simplifying operations, diversifying
funding sources, and controlling expenses. We are confident that with the continued support of
our funders, we can build a fairer, more inclusive future for the learning disabilities and
neurodiversity community.
Moving forward, we will continue to prioritise diversifying our income streams, increasing grant
funding, and expanding our regular donor base.
Reserves Policy
The Board of Trustees regularly reviews our reserves policy, ensuring it aligns with Charity
Commission guidance and considers our strategic goals and financial risks. The Board has
reaffirmed the importance of maintaining reserves that can cover three months of operations
expenditure. This ensures:
Cash Flow Stability: To manage fluctuations in income and funding delays, particularly from
spot purchasing services.
Operational Continuity: Reserves provide a safety net against unforeseen challenges, ensuring
ongoing service delivery.
Strategic Opportunities: A healthy reserve allows us to invest in strategic initiatives that
advance our mission.
A key priority has been the redevelopment of Purley Place, which is crucial for our long-term
sustainability. However, delays have impacted our expected income from this investment, leading
to projected deficits. We are addressing this by ensuring all projects achieve full cost recovery,
and this work is progressing well. The £IOO,000 designated for the Purley Place redevelopment
will be reviewed in 2024-25, and we will need to raise additional funds to complete the project if
plann ing permission is granted.
Flnancial Review
The Elfrida Society is in a strong position to continue delivering our services and investing in long-
term sustainability. Despite financial pressures from the pandemic and cost-of-living crisis, our
fundraising efforts and reserves have allowed us to support more people with disabilities while
managing f inancial risks.
In 2023/24, our income increased from £315,943 to £342,748 due to new project funding.
Expenditures rose to £384,436 from £371,458 in the previous year, largely driven by new
initiatives, including sports programs, a hate crime prevention project, and an expanded parental
advocacy service. In 2024-25, we aim to enhance our income generation efforts and reduce costs
through sustainability strategies, improved service models and competitive outsourcing.

The Elfrida Society (Limited by Guarantee)
Trustees. report
Statements of Trustees. responsibilities
The Trustees, who are also the directors of The Elfrida Society for the purpose of company law, are
responsible for preparing the Trustees, Report and the accounts in accordance with applicable law
and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
Company Law requires the Trustees to prepare accounts for each financial year which give a true
and fair view of the state of affairs of the charitable company and the incoming resources and
application of resources, including the income and expenditure, of the charitable company for that
year.
In preparing the accounts, the Trustees are required to:
select suitable accounting policies and then apply them consistently",
observe the methods and principles in the Charities SORP;
make judgements and estimates that are reasonable and prudent; and
prepare the accounts on the going concern basis unless it is inappropriate to presume that
will continue in operation.
The trustees are responsible for keeping proper 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.
Statement as to disclosure to our auditors
In so far as the trustees are aware:
There is no relevant audit information of which the charitable company's auditors are
unaware; and
The trustees have taken all steps that they ought to have taken to make themselves aware
of any relevant audit information and to establish that the auditors are aware of that
information.
Approved by the trustees on .0611212024 . and
signed on their behalf by.
Ms Patience Anne Wilson- Chair
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The Elfrida Society (Limited by Guarantee}
Independent Auditors, Report to the Members of The Elfrida Society
Opinion
We have audited the financial statements of The Elfrida Society Ithe'Charity'} for the year ended 31
March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, statement of
cash flows and the related notes. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of
Ireland {United Kingdom Generally Accepted Accounting Practice).
Opinion on financial statements
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs as at 31 March 2024
and of its income and expenditure for the year then ended:
have been properly prepared in accordance with United Kingdom Generally Accepted
Accounting Practice," and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) IISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent
of the Charity in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK, including the FRCS Ethical Standard and we have fulfilled our other
ethical responsibilities in accordance with these requirements. We believe that the audit evidence
we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's
ability to continue as a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are
described in the relevant sections of this report.
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The Elfrida Society (Limited by Guarantee)
Independent Auditors, Report to the Members of The Elfrida Society
Other information
The trustees are responsible for the other information. The other information comprises the
information included in the annual report other than the financial statements and our auditor's
report thereon. Our opinion on the financial statements does not cover the other information and,
except to the extent otherwise explicitly stated in our report, we do not express any form of
assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility IS to read the other
information and, in doing so, consider whetherthe other information is materially inconsistent with
the financial statements or our knowledge obtained in the audit or otherwise appears to be
materially misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the
financial statements or a material misstatement of the other information. If, based on the work we
have performed, we conclude that there is a material misstatement of this other information, we
are required to report that fact.
We have nothing to report in this regard.
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the trustees, report (incorporating the directors, report) for the
financial year for which the financial statements are prepared is consistent with the financial
statements; and
the trustees, report (incorporating the directors, report) has been prepared in accordance
with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees, Annual Report.
We have nothing to report in respect of the following matters where the Companies Act 2006
requires us to report to you if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not
been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records and returns- or
certain disclosures of trustees, remuneration specified bylaw are not made- or
we have not received all the information and explanation5 we require for our audit.
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The Elfrida Society (Limited by Guarantee)
Independent Auditors, Report to the Members of The Elfrida Society
Responsibilitie5 of the trustees
As explained more fully in the Trustees, Responsibilities Statement, the trustees {who are also the
directors of the charitable company for the purposes of company law) are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view
and for such internal control as they determine is necessary to enable the preparation of financial
statements that are free from material misstatement, whether due to fraud or error.
In prepa ring the financial statements, the trustees are responsible for assessing the Charit¢s ability
to continue as a going concern, disclosing, as applicable, matters related to going concern and using
the going concern basis of accounting unless the trustees either intend to liquidate the Charity orto
cease operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements a5 a
whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's
report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material
misstatement when it exists. Misstatements can arise from fraud or error and are considered
material if, individually or in the aggregate, they could reasonably be expected to influence the
economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in
respect of irregularities, including fraud. The extent to which our procedures are capable of
detecting irregularities, including fraud are Set out below.
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud
and non-compliance with laws and regulations, our procedures included the following:
We enquired of management, which included obtaining and reviewing sUPPOrting
documentation, concerning the charity's policies and procedures relating to:
identifying, evaluating, and complying with laws and regulations and whether they
were aware of any instances of non-compliance;
Detetting and responding to the risks of fraud and whether they have knowledge of
any actual, suspected, or alleged fraud;
The internal controls established to mitigate risks related to fraud or non-compliance
with laws and regulations.
We inspected the minutes of meetings of those charged with governance.
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The Elfrida Society (Limited by Guarantee)
Independent Auditors, Report to the Members of The Elfrida Society
We obtained an understanding of the legal and regulatory framework that the charity
operates in, focusing on those laws and regulations that had a material effect on the financial
statements or that had a fundamental effect on the operations of the charity from our
professional and sector experience.
We reviewed the financial statement disclosures and tested these to supporting
documentation to assess compliance with applicable laws and regulations.
We performed analytical procedures to identify any unusual or unexpected relationships
that may indicate risks of material misstatement due to fraud.
In addressing the risk of fraud through management override of controls, we tested the
appropriateness of journal entries and other adjustments, assessed whetherthe judgements
made in making accounting estimates are indicative of a potential bias and tested significant
transactions that are unusual or those outside the normal course of business.
A further description of ou r responsibilities for the audit of the financial statements is located on
the Financial Reporting Council's website at: [www.frc.org.uklauditorsresponsibilitiesl. This
description forms part of our auditor's report.
Use of our report
This report is made solely to the charitable company's members, as a body, in accordance with
Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we
might state to the charitvs members those matters we are required to state to them in an auditor's
report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charity and the charity's members as a body, for our audit
work, for this report, or for the opinions we have formed.
1211212024
Anthony Epton (Senior Statutory Audltor)
for and on behalf of
Goldwins Limited
Statutory Auditor
Chartered Accountants
75 Maygrove Road
West Hampstead
London NW6 2EG
14

The Elfrida Society (Limited by Guarantee)
Statement of Financial Activities
(incorporating an income and expenditure account)
For the year ended 31 March 2024
2024
2023
Restrlcted Designated Unrestricted
funds
funds
funds
Total
Total
Note
Income and Endowments from:
Donations and legacies
Charitable attivities..
Community services
Parents Advocacy & other
services
Investments
Other income
16,933
16,933
1,250
3a
36,733
12,825
105,978
155,536
153,957
3b
133,170
34,161
2,948
133,170
34,161
2,948
128,024
30,587
2,125
Total Income
36,733
12,825
293,190
342,748
315,943
Expenditure on:
Charitable activities:
Direct costs
Support costs
30,099
6,564
176,117
171,656
212,780
171,656
216,552
154,906
Total Expendlture
30,099
6,564
347,773
384,436 371,458
Net gains/llosses) on
investments
Net Income/ (Expenditure)
6,634
6,261
(54,5831 141,688) 155,5151
Transfers between funds
1,325
(1,3251
Net movement in funds
6,634
7,586
155,9081 {41,688) 155,515)
Total funds at l Aprll 2023
56,820
332,352
717,954 1.107,126 1,162,641
Total funds at 31 March 2024
63,454
339,938
662,046 1,065,438 1,107,126
All of the above results are derived from continuing activities. There were no other recognised gains
or losses other than those stated above. Movements in funds are disclosed in note 13 to the
financial statements.
15

The Elfrlda Soclety (Llmlted by Guarnnteel
Balance Sheet
A5 at 31 March 2024
2024
2023
Note
Flxed assets
Tangible fixed assets
Investment property
174.304
750.000
179,480
750,000
924,304
929,480
Current assets
Debtors
Cash at bank and In hand
io
67,641
113.107
48,628
158,969
180,748
207,597
Credltors: amounts due wlthln I year
11
(39,614)
129,951)
Net current a55ets/(Ilabllltles)
141.134
177,646
Net assets
12
1,107 126
Funds
Restricted funds
Unrestricted funds
Non-distributable reserves
Designated funds
General funds
80,779
56,820
634,059
327.113
23.487
634,059
332.352
83,895
Total funds
1.065,438
1.107,126
The flnanclal statements were approved and authorised for issue by members of the Board of
Trustees on .QFI.121R92.4................ and signed on the"
Patlence Wllson
Chalr
ram
Treasurer
16

The Elfrida Society (Limited by Guarantee)
statement of Cash Flows
As at 31 March 2024
Note
2024
2023
Cash flows from operating activities:
Net cash provided by/{used inl operating activities
15a
(78,082}
185,5711
Cash flows from investing activities:
Interest income
Purchase of property and other fixed assets
Disposal proceeds from sale of investment property
34,161
(1,941)
30,587
Cash provided (used in)/by investing activities
32,220
30,587
Cash flows from flnancing activltles:
Repayment of borrowing
Cash inflows from new borrowing
Net cash provlded by/(used in) financing activities
Decrease In cash and cash equivalents In the year
(45,862)
{54,984)
Cash and cash equivalents at the beginning of the year
158.969
213,953
Cash and cash equivalents at the end of the year
15b
113,107
158,969
17

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
l. Accounting policies
a) These financial statements have been prepared in accordance with "The Financial Reporting
Standard applicable in the UK and Republic of Ireland" (FRS 1021 effective from l April 2015
Charities SORP IFRS102} and the Companies Act 2006. The financial statements have been
prepared under the historical cost convention as modified by the revaluation of certain assets.
bl As described in the report of the trustees, the Society was successful in securing additional
income in the form of grants, donations and contracts from a wide range of sources, Despite
the challenges faced in recent years because of the impact of the pandemic and the cost-of-
living crisis, by the end of March 2023 we still had a pipeline of fundin& which enable us to
continue to achieve our charitable objectives. In contrast to the last financial year, when we
faced a significant reduction of income, we managed to reduce our deficits by approximately
50'k.
Looking further ahead, the Society will need to continually work at securin8 additional funding
for 2023124 in order to maintain and extend the services currently provided. The Society does
have the option to utilise its assets to provide additional funding for service provision. As a
consequence, the trustees consider that the Society is well placed to manage its financial risks
despite the current uncertain economic environment.
After making enquirles, the trustees have a reasonable expectation that the Society has
adequate resources to continue in operational existence for the foreseeable future.
Accordingly, they continue to adopt the goin8 concern basis in preparing the annual report
and account5.
cl Voluntary income Is received by way of donations and gifts and is included in full in the
statement of financial activities when receivable. Intan8ible income is recognised as an
incoming resource where the provider of the seniice has incurred a financial cost. Volunteer
time is not included in the financial statements.
d) Grants are recognised in full in the statement of financial activities in the year in which they
are receivable, unless there are donor-imposed restrictions on the timing of the expenditure
to a future period in which case they are deferred.
e) Grants for the purchase of fixed assets are credited to restricted incoming resources when
receivable. Depreciation of fixed assets purchased with such grants is charged against the
restricted fund. Where a fixed asset is donated to the charity for its own use, it is treated in a
similar way to a restricted grant.
f) Resources expended are recognised in the period in which they are incurred. Resources
expended include attributable VAT which cannot be recovered.
Indirect costs are allocated to activities on the basis of staff time Spent working on those
activities.
Community services
Parents Advocacy
57
43
18

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
l. Accounting policies (continued)
gl Depreciation is provided at rates calculated to write down the cost of each asset to its
estimated residual value over its expected useful life. The depreciation rates in use are as
follows:
Furniture and equipment
25% straight line basis
Freehold and long leasehold buildings and improvements
2% straight line basis
Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs
are allocated to activities on the basis of the use of the related assets in those activities. Assets
are reviewed for impairment if circumstances indicate their carrying value may exceed their
net realisable value and value in use.
h) Investment property represents the charity's portfolio of properties. It is initially recognised at
cost, which includes purchase cost and any directly attributable expenditure. Investment
property whose fair value can be measured reliably is measured at fair value at each reporting
date. Any fair value gains arising are not realised profits and therefore are transferred to a
separately designated non-distributable reserve. Any loss arising from revaluation is also
recognised in the non-distributable reserve unless it represents a loss below original cost, or
its reversal, on an individual investment property is expected to be permanent, in which case
it is recognised in the profit and loss account for the year.
il The charity only has financial assets and financial liabilities of a kind that qualify as basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their settlement value with the exception of bank loans which
are subsequently measured at amortised cost using the effective interest method.
jl Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure
which meets these criteria is charged to the fund together with a fair allocation of
management and support costs.
kl Unrestricted funds are donations and other incoming resources receivable or generated for
the objects of the charity.
l) Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
m) Rentals payable under operating leases, where substantially all the risks and rewards of
ownership remain with the lessor, are charged to the statement of financial activities in the
year in which they fall due.
2. Donatlons and legacies
2024
Total
2023
Total
Restricted DesiEnated Unrestrirted
Donations & similar
incoming resources
16,933
16,933
16,933
16,933
1,250
1,250
19

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Restrirted Designated Unrestrlrted Total
Tota I
a. Community services
London Borough of Islington
Pohwer Advocacy- LBI
Rethink Advocacy- LBI
Richard Cloudesley's Charitable fund
The National Lottery Awards for All
England
LHEP NHSE & GLA Community Action for
Partnerships in Health
Protection Approaches- HCCORP
Middlesex County Cricket Club
Sport England Small Grants
Clty Bridge Trust
The Queen's Platinum Jubilee Activity
Fund
Just Play Football
London Catalyst- The Samaritsns Fund
Adidas Football Collective
Local Initiatives Fund LBI
Ground Works UK-TesCO
Premier League Grassroots Football
Mencap The Together Fund
Screwfix Foundation
61,1)JO
61,000
66,766
22,614
21,180 15,347
17,500
9,640
21.180
17,5CrfJ
19,233
19.233
8,334
11,298
2,750
5,250
11,298
2,750
5,250
12,825
4.500
2,813
12,825
4,500
300
I,ioo
863
1,680
500
3,000
6,000
5,000
10,000
36,733
12,825
105,978 155,536 153,957
Restricted Designated Unrestricted Totsl
Total
b. Parents'Advocary
Elfrida Peer Support Group fund
York University
Surrey Universitv
Kingston University
Kings College
Royal Holloway Universlty
130,537 130,537 123,809
2,520
2,520
630
225
225
135
113
113
133,170 133,170 128,024
Restricted Designated Unrestricted Total
Total
c. Investment Income
Ambler tenants
Bank I nterest
32,433
1,728
32,433
1,728
29,900
687
34,161
34.161
30,587
20

The Elfrida Society (Limited by
Notes to the financial statements
For the year ended 31 March 2024
Community Parents
services
Advocacy
Support
costs
2024
Total
2023
Total
4 Total expenditure
Staff costs l Note 61
Sub-contractors
Individual Service Fund support fees
Staff training, supervision & recruitment
Office costs
Advertising and marketing
Travel
Premises costs
Insurance
Repairs and renewals
Food and provisions
Recreation and welfare
Educationltutor costs
Professional Fees
Depreciation
IProfit/{loss) on disposal of fixed assets
Equipment hire
Audit and accountancy
Bank charges
Sundry
97.689
8,599
90.530 105,780 293,999 272,799
8,599
13,179
(1601 1,743.00
1,134
1,644
3,093
9,560
720
4,676
12,338
720
2,888
13,326
5,921
3,808
203
2,984
2,241
13,828
7,117
8,443
13,031
720
1,857
14,282
5,629
131
116
2,646
4,747
16,359
6,632
240
1,309
48
3,808
20
830
2,241
2,645
12,017
5,873
183
1,994
160
300
13,528
7.117
6,206
5,461
121
6,206
5,461
121
4,581
5,974
180
152
97,022
171,656 384,436 371,458
21,321 149,112}
115,758
27,791
Support costs apportioned
143,549 118,343
122,544 384,436 371,458
21

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Net (Expenditure)/lncome
This is stated after chargin8:
2024
2023
Depreciation / Amortisation
Loss on disposal of fixed assets
Auditors, remuneration excluding VAT:
audit- for current year
Operating lease rentals:
equipment
7,117
6,632
4,000
5,974
6,206
4,581
Staff costs and numbers
Staff costs were as follows:
2024
2023
Salaries and wages
Social security Costs
Other pension costs
262,177
24.521
5,387
243,380
22,364
4,962
292,085
1,914
270,706
2,093
A8ency staff
293,999
272,799
One employee earned more than £60,000 during the year.
The key management personnel of the charity comprise the trustees and the Chief Executive
Officer. The total employee benefits including pension contributions and employer's Nl of the
key management personnel were £77,704 {2023: £64,620).
None of the trustees nor persons connected with them received any remuneration or other
benefits from the charity.
The average weekly number of employees during the year was as follows:
2024
2023
Community services
Parents Advocacy
Support
18
18
23
23
22

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is
applied for charitable purposes.
Tangible fixed assets
Freehold
land and
buildings
Furniture
and
equipment
Long leasehold
land and buildings
Total
Cost
At the start of the year
Additions in year
Disposals
195,000
loo,000
25,509
1,941
320,509
1,941
At the end of the year
195,000
loo,000
27,450
322,450
Depreciation
At the start of the year
Charge forthe year
Eliminated on disposal
61,775
2,730
56,800
2,000
22,454
2,387
141,029
7,117
At the end of the year
64,505
58,800
24,841
148,146
Net book value
At the end of the year
130,495
41,200
2,609
174,304
At the start of the year
133,225
43,200
3,055
179,480
All tangible fixed assets are used for charitable purposes.
Long leasehold land and buildings comprises one property which is the subject of a planning
restriction imposed by the London Borough of Islington. Under the restriction, the property can
only be used as the headquarters of the charitable organisation.
The company's freehold and long leasehold land and buildings were revalued by Currell & Co,
Chartered Surveyors in March 1999 on the basis of open market value for the existing use.
Following the revision of the SORP in 2000. a decision was made not to adopt a property
revaluation policy. As such the 1999 valuations have been adopted and incorporated in these
financial statements. The trustees are not aware of any material changes since the last valuation.
Depreciation has been calculated to write off the value of the building over 50 years from this date.
If the freehold and long leasehold land and buildings had not been revalued, they would have been
included on the historical cost basis (original NBV: freehold £32,837; leasehold £2,502).
23

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
Investment properties
2024
2023
Movement in market/fair value:
Fairvalue at the start of the year
Disposal proceeds
Realised gains/(losses) on disposals
750.000
750,000
Fair value at the end of the year
750,000
750,000
Historical cost
200,369
200,369
Investment property was valued at 16 February 2018 at fair value {open market basis) by
Drivers & Norris, Chartered Surveyors. The valuation assumes that the property has been
maintained in good order and there has not been any significant change.
10. Debtors
2024
2023
Fees receivable
Other debtors
Prepayments
29,672
32,057
5,912
23,207
20,252
5,169
67,641
48,628
11. Credltors
2024
2023
Creditors: amounts due withln l year
Taxation and social security
Deferred income
Other creditors
Accruals
8,809
12,701
5,165
12.939
6,826
241
4,772
18,112
39.614
29,951
24

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
12. Analysi5 of net asset5 between funds
Restricted
fvnds
Desi8nated
funds
General
funds
Total funds
Tangible fixed assets
Investment properties
Net current assets
41,200
52,419
200,369
74,325
80,685
549,631
27,230
174,304
750,000
141,134
39,579
Net assets at the end of the year
80,779
327,113
657,546
1,065,438
Comparative analysis of net assets between funds for the year ended 31 March 2023:
Restricted
funds
Designated
funds
General
funds
Total funds
Tangible fixed assets
Investment properties
Net current assets
43,200
54,360
200,369
77,623
81,920
549,631
86,403
179,480
750,000
177,646
13,620
Net assets at the end of the year
56,820
332,352
717,954
1,107,126
25

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
13. a. Movements In funds
Balance at Incoming Outgoing Transfers Balance at
01.04.23 resources resources tollfroml 31.03.24
Restricted funds:
Premises fvnd
The National Lottery Awards for All England
City Bridge Trust
Queens Platinum Lottery
Rich3rd CSoudesley's Charitable fund
Sports England Small Grants
London Catalyst The Samaritan5
43,200
543
12,000}
2,3741
14,5001
11,9661
iio,0001
18,9591
13001
130,0991
41,200
17,402
19,233
4.51X)
1,966
iO,CKJO
17,51YJ
12,825
17,500
3,866
811
80,779
I,iii
56,820
54,058
Designated funds:
Mencap The ToBether Fund
All Other sports
Ambler Redevelopment
ScrewFIx
Fixed assets
Purley Place
3,273
13,2731
1,325
1,325
200,369
3,000
52,419
70,000
327,113
200,369
4,350
54,360
70,000
332,352
11,3501
11,9411
16,5641
1,325
Unrestrlcted funds:
Non-distributable reserves
General funds
634,059
83,895
717,954
1,107,126
634,059
11,3251
23,487
11,3251 657.546
1,065,438
288,690 1347,7731
288,690 1347,7731
342,748 1384,436)
Total tunds
13. b. Movements In funds
Comparative statement of funds for the year ended 31 March 2023:
Incoming Outgoing Transfers
01.04.22 resources resources to/lfroml 31.03.23
Restrltted fund5:
Premises fund
The Sport$ 818 Lottery
Cripplegate
Queen5 Platinum Lottery
Richard Cloudesley'5 Charitable fund
The Bally Thomas Charitable fund
London Catalyst The Samaritans
45,200
523
12,IXIOI
19,6201
43,200
543
8,334
io,(xJo
16.3681
1,966
10,000
833
iii
46,667
18331
11001
118.9211
I,ioo
29,074
I,iii
56,820
Deslgn3ted lunds:
Mencap The Together Fund
Siren
Ambler Redevelopment
ScrewFix
Fixed assets
Purley Place
{2,7271
3,273
16781
200,369
678
200,369
4,350
54,360
70,000
678 332,352
16501
54,360
70,CK)O
324,051
11,0
13,3771
Unrestrlcted funds:
Non-distributable reserves
Gener31 funds
634,059
157,864
791,923
1,162.641
634,059
16781
83,895
16781 717,954
1,107,126
275,869 1349,1601
275,869
1349,1601
315.943 1371,4581
Total funds
26

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
13. Movements in funds (continued)
Purposes of restrirted funds
Premises fund
This is 34 Islington Park Street, which has a restriction placed upon it that it must be used as
the headquarters of the charity. The fund represents the net book value of the building.
The National Lottery Awards for All England
Funding received in the previous year for the Sports Project. Balance carried forward to be
used by October 2025.
City Bridge Trust
Funding received in the year to cover the costs of an access audit and of accessibility
awareness training for improvements to the Elfrida Society's centre as part of its
redevelopment strategy.
Queens Platlnum Lottery Fund
Balance brought forward in 2022-23 for the Sports Project. All funding balances used by
October 2023.
Cloudesley Charitable Foundatlon
Funding carried forward to 2023-24 for Health Advocacy Project, 100% of the funding was
used by March 2024. New funding received for new Healthcare and Hospital Liaison Project
in Q4 of 2023-24 to be used in QI and Q2 2024-25.
Sports England Small Grants
Funding for Sportsnennis received in 2023-24, balance to be used by December 2024.
London Catalyst The Samaritans
Balance of funding received in previous year to assist people in need through the provision
of emergency hardship payments. Balance carried forward to use in 2024-25.
Purposes of designated funds
Mencap The Together Fund
Balance of funding received for Sports in 2022-23 was used by September 2023.
All Other Sports
Balance carried forward to use in 2024-25.
Ambler Redevelopment
This represents the amortised cost of the re- development of the properties in Ambler Rd.
Screwfix
Balance carried fonmard from previous year to contribute to the redevelopment work at
Purley Place community space, to be used in 2024-25.
Fixed assets
This represents the value of general funds invested in fixed assets and therefore not readily
available for other purposes.
Purley Place
To redevelop Purley Place to make it fully accessible and to bring the first and loft floors
back in use. Designated amount CIF as this work was delayed due to Covid-19 and planning
permission complications. We expect this work to be completed in 2025-26.
27

The Elfrida Society (Limited by Guarantee)
Notes to the financial statements
For the year ended 31 March 2024
14. Operattng lease commitments
As at 31 March 2024 the charity had total future minimum lease payments under non-
cancellable operating leases are as follows:
2024
2023
Equipment:
Less than l year
Between 2 and 5 years
4,171
12,361
16,532
4,220
2,584
15. a) Reconciliation of income/(expendlture} to net cash from operatlng artlvities
2024
2023
Net movement in funds for the year before revaluation
Depreciation charges
Profit/llossl on disposal of fixed assets
Interest on investments
G3in/llossl on disposal of investments
Ilncreaselldecrease in debtors
Increase/ldecrease} in creditors
(41.6881
7,117
(55,5151
6,632
(34,161)
{30,587)
(19,013}
9,663
11,065
(17,166)
Net cash provlded byllused in) operating actlvltles
(78,082)
185,571)
b) Analysls of osh and cash equivalents
2024
2023
Cash at bank and in hand
113.107
158,969
16. Company status
The company is limited by guarantee and does not have a share capital. The liabilities of the
members in the event of a winding up is limited by guarantee to an amount not exceeding
£1 per member. At the balance sheet date there were 7 members {2023: 61.
17. Related party transactions
There are no related party transactions {2023: none).
28

The Elfrida Society (Limtted by Guarantee}
Notes to the financial statements
For the year ended 31 March 2024
18.
Prior year statement of financial activities
2023
Total
Restricted Designated Unrestrirted
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Community services
Parents and other
Investments
Other income
1,250
1.250
3a
3c
29,074
11,000
113,883
128,024
30,587
2,125
153.957
128.024
30.587
2,125
Total Income and Endowments
29,074
11,000
275,869 315.943
Expendlture on:
Charitoble octivities
Direct costs
Support costs
18,921
3,377
194,254 216,552
154,906 154,906
Total Expendlture
18,921
3,377
349,160 371,458
Net Expenditure
10,153
7,623
(73,2911 155.515)
Net galns/losses on
Transfer between funds
678
16781
Net movement in funds
10,153
8,301
173,9691 155,515)
Total Funds brought forward
at l April 2022
46,667
324,051
791,923 1,162,641
Total Funds carried fonward
at 31 March 2023
56,820
332,352
717,954 1,107,126
29