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,
pa￿rbOr0U￿. 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 Activi1￿8
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 a￿ayS 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 Po￿as-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$' responsibilities
The trustees are responsible for preparing the report and accounts in a¢cordan¢e with applicable
United Kingdom, law and Accounling Standards (UK Generally Accepted Practice), the Charities Act
2011 and applicable law and regulations.
Company law requires the trustees to prepare linancial statements for each financial year. Th8
trustees must not approve these unless they are satisfied thal they give a true and fair view of the
stale of affairs of the charitable company and of its incoming resour¢es and applic8tion of resources,
including income and expenditure for that period. In preparing these financial statements the trustees
are requI￿d to=
select suitable accounting policie$ 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 D1￿ctionS 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
Charte￿d Certified Accountants
51 Marloes Road
London W8 6LA
{Independent examiner)
Signed on". 15 October 2025

n QJTXfG)Dy
J CFJ o
) (n
(00
00-
(Do
ofv)00
)¢DOU
¢OO(n N)rD

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.A￿Unting and ReportirrfJ by
Charitie$.' Ststernent of Recommèndad Practi(￿ applicable to charities prepar&ng thgir accounts in
accordance with thè Financi81 Reporting Stark1ard applicable in the UK and Reputjic of Ireland IFRS
1021 leffective 1 January 20191,, Financial Reporting Standard 102 'Thè Financial Report1￿j
Standard applicablè in the UK and Republic of Iieland, aThJ the Companies Act 2L¥J6. Thè finanaal
statémènts have beet) p￿pa￿d under the historic41 cost corwention.
f*ri8ncial siatements a￿ lot the individual entity only.
Th8 financi￿ statements aro prosented in Sterling (£1, rounded to th8 near8$t£1.
Golng Concern
The chati18ble activities are enti￿lY 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 reVIe￿ing 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 con1￿M 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 r￿1Ved 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 nOM￿llY 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 Commun￿￿ted in writing both the aM￿tsnt ar￿ 8etUement
date.
Interest on funds h8ld on dèposit ss induded when re￿1v¥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. Ir￿cOVerable 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 gran*s 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 W￿ld have apprecIa￿d in valje instead of deptBcialed, I￿nCe,
the grants were no longerwritten off.
Dwdeialion
Tanoible [￿ed assels 8te measurÈd at C05t kss accumulative depreuation and any accumulativ8
lmpa1rn￿nt 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=
Depre￿atIon 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 ￿e￿hboUrhO(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 m￿ch 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 Ma￿h 2￿24
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 Ne￿ahboUrhood
Centre Ltd, In the event of the same being wo￿n￿ 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 $(Kne othertharitabla inslilulKJn Dr
In5tiiulions having objecls sifftiL4r to the ebjects of the chatity, and which sh811 prohlbit the distribukn.on
of its ortheir incoThe and prop8rty amoftg lis or their mgtnbers to 8n extent at least as g￿at as 1$
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