Company registered number 1645249 Charity registered number 287904 Grove Neighbourhood Centre Limited Report and Accounts 31 March 2025 Keith Vaudrey & Co Ltd Chartered Certified Accountants 51 Marloes Road London W8 6LA
Grove Neighbourhood Centre Limited Company Information rxre¢to V Vvood, BEM D M Millar DMHodd Secretary J L Cammell. 0gE Indepondont Examln8T R Madhub Keith Vaudrey & Co Ltd Chartered Certified Accountsnts 51 Marfoes Road London W8 8LA Bank• Metro Bank plc 27-29 King$ Street London W6 OQB Aldemore Bank plc 1st Floor. Blotk B. Western House, Lynch Wood, parbOr0U. PE2 6FZ. HaMp5kn Trust Bank 80 Fenthurch Street London EC3M 48Y iFasl Glrknal Bank Llmited SQB, 77 Marsh Wall LondoTr E14 gSH Registered offl¢ 7 Bradmore Park Rosd HamTnersmith London Wfj ODT Report and accounts Contents Page Tru51pes' Report Independent ExaffliM¢s report statement of Finano81 Activi18 Balan shget 10 ststement of Cash Flows Notes to the accoun15 12
Grove Neighbourhood Centre Ltd Trustees, Report For The Period Ended 31 March 2025 The Trustees are pleased to present Ihelr Annual Report for the period ended 31 March 2025. The Grove Neighbourhood Centre has always regarded nelworking with other organisalions as an integral part of our rol8 within the community, both local and Borough wlde_ The GNC has aayS been involved with the Ioc81 community and the drop-in-centre continues lo be a very valuable resource to many of our Users. The Centre's staff maintain regular contsct w¢th 115 more vulnerable adults . helping them and providing advice, signp)sting to other relevant organwlions where relevalll Local businesses and charities ¢onts'nue to support Ihe Centre through in-kind support or cash grants and donations. The GNC could not fully function without our volunteers who give generously of their time, skills and expertise. Reference and administrative details Name.. Gn>ve Neighbourhood Centre Ltd Registered charily no.: 287904 Company no.. 1645249 Address.. 7 Bradmore Park Road. Hammetsrnith, London W6 ODT D8tes ol financial year 31 PAarch 2024 to 31 March 2025 Members or the management committee who seNed in 2024-25. Directors and/ Truslees.. Vivienne Wood. BEM (Chair), Deirdr8 M Millar (Vice Chair), Derek M Hodd Secretary.. Janis L Cammell, OBE Other members.. Janne Hall, Michael Anderson, Catherine Poas-AnZ01a, Gavin Osmond Independent Examiner Rakesh Madhub Chartered Certified Accountanls Keith Vaudrey & Co Ltd 51 Marloes Road London W8 6LA
Bankers Metro Bank plc 27-29 Kings Street. London W6 OQB Aldermore Bank plc 1st Floor, BIoGk B, Western House, Lynch Wood, Peterborough, PE2 SFZ Hampshire Tnist Bank 80 Fenchurch Str66t London EC3M 4B Y iFast Global Bank Limited SQB, 77 Marsh Wall London E14 9SH Purposes and activities Grove Neighbourhood Centre IGNC) is 8 community centre in Hammersmith, Wesl London. It was set up in 1982 to initially serve the former Grove Ward of Hammersmith. The GNC'5 building contains iwo halls and three small rooms which are available for hire lo a wide variety of local groups. instrtutions and individuals. The GNC staff run a Friclay Lunch Club which aims to combat sacial isolation. The stsff also run the drop-in advice centre from the lower office. Many of the GNC'S activities offer an opportunity for local people to be involved in their local community in a casual . informal way. We have up to 40 volunteers who help with the variou5 activities and social events on offer. How we deliver public benefit Our aclivib-es deliver public benefit IhroLtgh the nature of the various groups and indNiduals who use our halls and rooms, these all offer educational. recreational. health-relaled, supportive or social benefit aclivilies. The social events which the GNC itself organises deliver public benefit directly by bringin9 the community together. We charge for the hire of rooms and halls but have regard to the Charity Commission's guidance on public benefÈt and offer reduced rates to some hirers for whom affordability would otherwise be a problem.
Structure. governance and management The company was ineorporaled on 21 June 1982 as a company limiled by guarantee without share capi121 under a Memorandum and Articles of Association and registered as no_ 1645249. The Charity Commission gave charitable status to il on 26 October 1983 Ino.2879041. The slated obje¢t is lo benefit the local population by assisting statutory authorilies and other lotral institutions. voluntary organisations. businesses and individuals in a common effort to advance education and provide facilities in Ihe interests of social welfare for health. recreation and lei$ure time occupations as well as fostering a community spirit. The charity is mana9ed by a management committee. The proceedings of the managemenl committee are govetned by a Conslitulion, which specifies how members are elected or co-opted, how officers are elected and rules for the frequency and conduct of meetings and other such provisions. The committee meets six times a year. one of these meetiros teing the AGM. Achievements and performance during the year Throughoul the year 2024-2025. the GNC has built on its Teputation and Fvularity within the Borough. The halls and rooms have been useol for a wide and diverse variety of groups and individuals. There were educational groups (life art, folk art 2nd dancing for tr*)Ih adults and children), support groups .' AA, NA. GAsocial groups such as The Iraqi Association, health related groups {yoga and pilates ) There were activities for children such as the very popular weekly toddler group_The GNC was pleased to see the return of borough Councillors surgeries.The three rooms were used by individuals offering counselling. osteopathy and similar services of benefit lo the community-The Christmas lunch was attended by many ar was a popular relum as ever. Many private children's parties were held and a variety of workshops over the weekends. The GNC continue5 to pursue funding for various projects. The team is compnsed of Iruslees and volunleers wth the help of other organisations. Financial review and resarves policy Income recetved for the period year ended 31 March 2025 was £108,903. The income comes from the hire of our halls and rooms, fundraising, sales and events, bank interest and donations. The expenditUTe wa$ £107,087. Our reserve level which we amn for is 250/0 of annual expenditure. Risk management Financial risk arising from an unforeseen fall in income or increase in expenditure is addressed by our reserves policy.11 is always hard to predict exact usage but the serveS give us a cushion while we work on rebuilding usage towards restoring the levels of incom8. Non-financial risks include food-handling. risks of accidents lo small children. SÉaff have all received food h8ndling training and certificates. Food handling safety procedures are clearly displayed and entered into the health and safety procedure manual. Measures such as sealing off low wall electrfcal sockets have been taken to minimlse risk to small children.. There Is also a safeguarding policy in ptace to protect our senior adult users.
Directors'l Twstee$' responsibilities The trustees are responsible for preparing the report and accounts in a¢cordan¢e with applicable United Kingdom, law and Accounling Standards (UK Generally Accepted Practice), the Charities Act 2011 and applicable law and regulations. Company law requires the trustees to prepare linancial statements for each financial year. Th8 trustees must not approve these unless they are satisfied thal they give a true and fair view of the stale of affairs of the charitable company and of its incoming resour¢es and applic8tion of resources, including income and expenditure for that period. In preparing these financial statements the trustees are requId to= select suitable accounting policie$ and then appw them consistently- observe the methods and principles in the Charities SORP make judgements and estimates that are reasonable and prud8nt', state whether applicable UK Accounting Standards have been followed, subject to any aterial departures disclosed and explained in the financi81 statements.. prepare the financial statements on the going nCe[n basis unless il is inappropriate to presume that the charitable company will continue in business The trustees are also responsible for keeping adequate accounting records alld to ensure that th8 charity's financial statements compty with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud arml other irregularities. This report was approved by the trustees on 15 September 2025 and signed on its behalf by Mrs. V Wood BEM Trustee
Grove Neighbourhood Centre Ltd Report of the Independent Examlner to the Trustees of the charitabla company OTJ the accounts for the period ended 31 Nlarch 2025. I report to the Trustees on my examination of the financial statements of the charitable company on pages 9 to 15 for the pericxy ended 31 March 2025 which have been prepared in accordan with the Charities Act 2011 (the Acll and with the Financial Reporting Standard 102, (effectwe 1st January 2016} as modified by FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Chariliesl 2019, applicable to all accounting periods bèginning on or after 1s[ January 2019 (The SORP}. published by the Charity Commission in England & Wales ICCEW}. and under the historical cost convention and Ihe accounting policies set out on the page 12. Respective responsibilities of the Trustees and the Independent Examiner and the basis of the report As described on page 5, you, the charitable company's Truslees, who are also the Directors of the Company for the purposes of Company law, are responsible for the preparation of the financial statements in accordance with the Companies Act 2006. the Charities Act 2D118nd all other applic8ble law and with United Kingdom Generally Accepled Accounting Practice, 8pplicable to smaller enlilies, and for being satisfied that the financial statements give a true and fair view. The Trustees consider that the audit requirement of Section 144111 of the Charities Act 2011 (the Act} does not apply, and that there is no requirement in the memorandum ané articles of the charity for the conducting of 2n audit, and that the accounts do not require an audit in accordan with Part 16 of the Companies Act 2006 and that no member or members have requested an audit purstsanl to Section 476 of the Companies Acl 2006. As a consequence. the Trustees have elected that the financial statements be subject lo independent examination. Having satisfied myself that the financial statements are not required to be audtted und8r any legal provision, or otherwise. and are eligible for independent examination, il 5s my responsiiN'lity lo.. al Examination the financial statements of the charity under Section 145 of the Act", bl Follow the applicable procedures in the Directions given by the Charity Commission under section 14515llbl of the Act. Basis of Independent Examiner'5 Statement and scope of work undertaken I report in respect of my examination of the charity's financial ststements carried out under s145 of the Act. In carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act setting out the duties of a independent examiner in relation lo the conducting of ar¢ independent examination. An independent examination includes a review of the accounting records kept by the charitable company and of the accounting systems employed by the charitable company and a compartson of the financial statements Presented with those records. It also includes consideration of any unusual items or disclosures in the financial statement, and seeking explanations from you. as Trustees, concerning such matters. The purpose of the examination is to establish as far as possible that there have been no branches of chanty legislation and th81, on a test basis of evidence relevant to the amounts and disclosures made, the financial slatemenls comply the SORP.
The procedures undertaken do not provide all the evidence that would be required in an audrt, and information supplied by the Truslees in the course of the examinalion is not subjected to audit tests or enquires and does not cover all the matters that an auditor would consider in arriving at an opinion. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently. I do not express an audit opinion on the view given by the financial statement. and in particular, l express no opinion as to whether the financial statements give a true and fair view of the affairs of the charity. and my report is limited to the matters set OLSt in the ststemenl below. l anned and performed my examination so as to satisfy myself the objective of the independent examination are achieved and before finalising the report l obtained written assurances form the Trustees of all material matters. Indepondent Examiner's Statement, Report and Opinion Attention is drawn to the accoL*nling policy staling that, notimilhstanding the explicit requirement in the exlant stalulory regulalions,Ihe Charities (Accounts and reports} Regulations 2008,10 prepare the financi81 stslements in accordance with the SORP 2005. in view of the fact that the SORP 2005 has been withdran,and in order to accord wth current best practice. theTrustees have determined lo prepaie the finacial statements in acwrdance with FRS 102 SORP (Statement of Recommended Practice for Accounting and Reporting by Chattlies) 2019, applicable lo all accounting periods beginning on or after 1st January 2019, (The SORPI. I concur with this approach, and any references in my report lo the regulations should be read subject to this comment Sut4"ect lo the limitalior)s upon the scope of my work as detai5ed above, I have completed my examination= and can confirm that- The accounts of this charitable company are nol required to b8 audited under Part 16 of the Companies Acl 2006", This 15 a report in respect of an examination carried out Ltnder 145 of the Act and in accordance with D1ctionS given by the Charity Commission under Secti 14515llbl of the Act which may be applicable., and that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respe¢l- accounting records were not kept in respect of the charity as required by Section 386 of the Companies A¢1 2006 and Section 130 of The Charities Act 2011.. the financial statement do not accord with those records- or the financial ststements do not compty wilh the applicable requirements concerning the fom and content of accounts set out In Section 396 of the Companies Act 2006 other than any requirement thal the accounts give a 'true and fairf view. which is rK)t a matter considered as part of an independent examination., have not been prepared in accordance with the methods and principles set out in the FRS 102 SORP (Statement of Recommended Practice for Accounting and Rewrting by Charities} 2019, applicable to all ac¢ountillg periods beginning on or after 1st January 2019, (The SORP).
I have no ncern and have come across no olher matters in connection with the examinalton lo which allenlion should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Rakesh Madhub FCCA Keith Vaudrey & Co Ltd Charted Certified Accountants 51 Marloes Road London W8 6LA {Independent examiner) Signed on". 15 October 2025
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Grove Neighbourhood Centre Limited Balance Sheet as at 31 March 2025 Notes 2025 2024 Fixed ass&ts Tangible assets 443,252 445,076 Current assets Debtors Cash at bank.and in hand 6,228 111.287 117,515 7.571 103,196 110.767 Creditors" amounts falling dup within one year 16,8031 13,6951 Net current a$s¢ts 110,712 107,072 Ngt assets 553,964 552,148 Represented by Capital grants General funds 428,264 125,700 428,264 123,884 553.964 552,148 The directors are satisfied that the company is entitled to exemption from the reqLJirement to obtain an audit under section 477 01 the Companies Act 2006. Members have not required the company to obtain an audit in accordance with section 476 of the Act. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparath)n of accounts. The accounts have been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable lo companies subject to the small companw6 regime. Mrsv Wood Trustee.. Approved by the board on 15 September 2025 10
Grove Neighbourhood Centre Limited Statement of Cash Flows for the period from 31 March 2024 to 31 March 2025 Note 2025 2024 Cash flows from operatlng activltles: 6,389 8.201 Cash flows from investlng aGtivities Investment income Purchase of fixed assets 1.959 {257) 972 {1,131) Net ¢ash provided byl Iu5edl In operating a¢tivities 1,702 159 Net Incr•ase in cash and cash oqulvalents 8,091 8.042 Net increase In cash and cash equivalents cash and cash equivalents at beginning ol year Cash and cash equivalents at end ot year 8,091 103,196 111,287 8,042 95.154 103.196 A- Reconclliation of net movemant In funds to net cash flow from OP2Tating activittes 2025 2024 Net movement in funds for the reporting period las per statement of financial activities) Less investment income Add deptectalion Decrease in debtors Increase in creditors 1,816 3.389 (1,959) 2,081 1.343 3,108 6.389 1972) 2,303 2,533 8,201 Analysis of cash and cash gquivalents Cash at bank and in hand at end of year 111,287 111.287 103.196 103.196 11
Grove Neighbourhood Centre Llmlted Notes to tho Accounts for the perlod from 31 March 2024 to 31 March 2025 1 General informatlon Gfove NetghbourhDod Centre Lirni19d is a piivate limited comp8ny by guarantee. incorporated in England and Wales with company rtg15tration number 01645249. 11 is also a registered ch8rilabl8 company with Chaiitie5 Cornmission wth charity numbèr 287904. Th8 registered Offi address is 7 Biadmore Parf( Road, London, W6 ODT. 2 Accountlng policies Basls ofpreparatlon andaceounting conventlon The financial 518tements of the charitable company, which t$ a public benefit eTrtity under FRS 102. have been prepared In ac¢ordaneE with the Charilres SORP IFRS lo21.AUnting and ReportirrfJ by Charitie$.' Ststernent of Recommèndad Practi( applicable to charities prepar&ng thgir accounts in accordance with thè Financi81 Reporting Stark1ard applicable in the UK and Reputjic of Ireland IFRS 1021 leffective 1 January 20191,, Financial Reporting Standard 102 'Thè Financial Report1j Standard applicablè in the UK and Republic of Iieland, aThJ the Companies Act 2L¥J6. Thè finanaal statémènts have beet) ppad under the historic41 cost corwention. f*ri8ncial siatements a lot the individual entity only. Th8 financi statements aro prosented in Sterling (£1, rounded to th8 near8$t£1. Golng Concern The chati18ble activities are entilY d6pendeTrt on continvin9 letting of roDm$, halL% hJndrai5ing and donations. As a consequen. the going cO[n basis is dependent on the future flow ofthes& funding streams. Accordingty, the Tiustses have obtained loreeasts and. aftèr reVIeing the financtal forecasts for fijture periods to 31 Maich 2026, Ihg Trustees are satsfied that, at the b.me of approving the financral statetnent5. it Is appropriats to adopt thè going con1M basis in preparing the financial stslernents. Other than thesé matters. the Trustees Bre not aware of any rn8teiial uncertaiTrite5 about the charivs ability to continu& as a gorng (x)ncwn. Income recognitio All income ts iecogni3ed On the tharity has èntitlement to the income, it is probable that the incorne will be r1Ved and the amount ol income receivable can be tneasuied rgligbly DoTralons, are recDgnised when the charity has bèen notsfied in writing of both the amount and the ¥ettlement date. Inierest on funds held on dèposil is included vthen ceiVable and the ernounl can be rneasured reliabw by the charity,. thi% is nOMllY upon notification ol the interest paid or payable by the bank. Lègacl¥¥ income Lègacies are recognised on a casg by c88e basis following the granting of prob8te when the administratorlexeculw for the estate has Communted in writing both the aMtsnt ar 8etUement date. Interest on funds h8ld on dèposit ss induded when re1v¥bIg and th8 amount can be measured reliably by the charity.. this ss nomally upon notification ol the intetest p&id or payatAÈ by the bank. Fund8ccountlng Unrestrictéd fvnds 8r& available to spend on activities that further any of the puKposes of eharity_ Designatecf funds are unre81iicted lunds of th& charity which the trL5Stees have decicjed at their iseretion to set aside to use for a s[le purrx)se. Restri¢te(I funds are donations whiGh the donor has specified are to be solely used lor particuLqr arèas of the ¢hariVs work. 12
Grov9 Neighbourhood Centre Llmit•d Notss to the Accounts for tha pèriod from 31 March 2024 to 31 March 2025 Expen(liÉur Liabilib"es are r8cognised as Èxp8nditur2 as soon as Ihere is a legal or coDstructwe obligation committing the charity to that exFenditurÈ. it 15 probable that 58tlèmenl wll be reouir8d and th8 amount of the oblioÈtion can bp mea5urad reliab Expendilure on charilabk 8clivitie5 compr&%es direct 8xpenses in¢urr•d on the defme chatilab purposes of the charity and indudes staff costs altribul8ble lo the activty. As all expenditure can be attributed to 8pe¢>fic categtritrs no 8PPOrtionment bèlween heading has bBen necessary. IrcOVerable VAT is included in thè itEm5 vf expenditur8 to which it relates. Capital Grents Grants recekvable for capital expenditure werè tsken to reserves and vffltten off over Ihè useful Iwes ol the assets aquired. Since the grans iecewed relatèd to the Ireehokl land and building, the charity'5 policy was revised after the building was transferred to the charity. Depteciation was nc longèr written off 88 the freehold land a[ building8 Wld have apprecIad in valje instead of deptBcialed, InCe, the grants were no longerwritten off. Dwdeialion Tanoible [ed assels 8te measurÈd at C05t kss accumulative depreuation and any accumulativ8 lmpa1rnnt losses. Deprtc£atKin is provKled on all tangible fi'xed assets. other than freehold land. at ratss calculakd to wrtte off the c05t, 18ss e8lwnaled residual value. of 88th asset &venly over ils expected useful life. a$ follows". Freehold land and buildings Equipment a[ luiTrilure no deprerAation 25% siraKJht lin8 3 Not incoma 2025 2024 This is state(l after charging= DepreatIon of tangible fixed assals Independ8nl Examinerfs remurEratiun 2.081 1,500 3,581 2,303 1.500 3,803 4 Staff cos13 2025 2024 Staff c051s during the y8arweE as Idlows.. Wages and salalies Staff training P8nsion Costs 57.18D 54.244 420 860 1.144 58,324 Average number of p8r8ons 8tnpbyed by the charity Av8rage number ol volunteers Th&re were no employee5 that received a remuneration in oxc85s of £60,000. 5 Tangible fixed ass¢lB Freehold Land and buildirtg$ Equlpmont & FurnibJre Totsl Cost Al 31 March %)24 Additions At 31 March 2025 442.119 82.684 257 504,803 257 442.119 62.941 505,060 Depr8ci8ti0 Af 31 March 2024 Charge foi the pariod Al 31 Marth 2025 59,727 2,081 61,808 59.727 2.081 61.808 Net book value Al 31 March 2025 442,119 1.133 443,252 AI 3D March 2024 442,119 2,957 445,076 13
Grov8 Neiyhbourhood Centre Llmlted Notes to the Accounts for the period from 31 Mareh 2024 to 31 March 2025 5 Contd The buikjing was tran8f&rr8d by London Borough Hammèrsmith and Fulham ILBHFI to th8 charity. Crove ehboUrhO(yj Centre Lid owns the fteehold of the buiEding whi¢h was done through assets transfer by LBHF. 6 Debtors 2025 2024 Trade debtors OlhEf debtOTS 4,364 1,864 5.403 2.168 7.571 7 Creditot¥'. amounts falling due wthln one y88r 2025 2024 Tode uoditors Other credito 2.269 4,534 6.803 3,695 3,695 8 Capltal Grallts 2025 2024 Tangibl8 fixèd as8et$ Al 31 March 2024 As at 30 March 2025 444,802 444.802 444,802 444,802 Amount$ written offr. Al 31 mch 2024 Al 31 Ma¥ch 2025 16,538 16,538 16,538 At 31 March 2025 428.264 428,264 9 D•signatod fiJnd5 202S 2024 Rèpoir¥ and mainten8nrR fund At 30 Mah 224 Ewndedl transferred dur#ig year At 31 MgFch 2025 1.2D2 1,202 14
Grove N&ighbourhood Centre Llmitsd Notes to the Accounts for the pertod from 31 March 2024 to 31 March 2025 do Admi41ktrBtiv8 8xpens•s 2025 2024 Wages al saf8ries Pensions Staff tr8ini Outings & 8vents Emploympnt alloW8n e0Ver8d- Prioryear¥ Rates Light. heaisnd walei Clean Fire preventKin TBkphone Prinb"ng. postage and Slatv)nery Fundraigng and events SubscriptK)ns Softsvare Repaitsand maintsrtance Depretiali Bad debts writt8n off License fees Kitchén & suntjry expenses Independent examine¥fee5 Accaulltancy fees Office equiFNDpnt a8& Insurance g8nk charges IT cost Advert18ing and PR Oiher Legal and professional fv05 56.036 1.144 53,384 860 420 122 11.1721 1,315 7,173 3.660 919 493 1,821 1,002 5,789 2,73f 1.486 232 1,236 21.725 2.081 8.4S9 1.020 187 1,320 1,500 1,200 505 2.204 509 1,588 95 271 1,367 1,5(X) 300 477 2.359 109 3,266 771 107 087 87.612 11 Company lifflited by guarantee The Charitab company ts limited by 9uarantee and has no Share c8piial. Every mernbei of the charity undert3kes to contribute to the as52ts of the Gwove NeahboUrhood Centre Ltd, In the event of the same being won up while helshe is a Member, 01 within onè yEar aft81 helshe ceases to be a rnember. for payment of the debis and liabilities of the chafity contrat18d before helshe céases lo be a m8mb8r and of the costs. chafges and expensès of ¥vtnding up, and for the adjustrn8nt of the lights of the contributor among thems*s, such amounl as may be iequired not exceedin9 £1. If upon the ¥Anding up or dissolution of the ch8rity there main&, afterthe sat15faclion of all 118 debts and liabilities, any pioptty whatsoever. the sam8 shall not be paid to ordislributed amow the members of the charity, but sh811 b& given or transletted to $(Kne othertharitabla inslilulKJn Dr In5tiiulions having objecls sifftiL4r to the ebjects of the chatity, and which sh811 prohlbit the distribukn.on of its ortheir incoThe and prop8rty amoftg lis or their mgtnbers to 8n extent at least as gat as 1$ imposed on the charity undar or by virtue of its Mernoranclum. such instituDon or institutK)ns to be delermirt2d by th8 memb8rs of the charity at or before thè b'me of dissolution. and if and $0 far as effect cannot be given to such provision. then to 8om6 chaiitsblè obJecL 15