## **Annual Report and Financial Statements 2025** ## **CHARITY NO. 288102** **COMPANY REGISTRATION NO. 01762007** 2 Urbanwise.London Limited Annual Report and Financial Statements 2025 ## **Table of Contents** General information………………………………………………………………….….…. 3 Chair’s Statement…………………………………….…………………………….………. 4 Trustees’ Report…………………………….…………………………………………….…. 5 Director’s Report…………………………….………………………………………………. 12 Independent Examiner’s Report……………………….….……………………………. 16 Statement of Financial Activities………………………….……………………………. 17 Balance Sheet…………………….………….………………………………………………. 18 Statements of Cash Flow…………...…….………………………………………………. 19 Notes to the Accounts…….……………….………………………………………………. 20 3 Urbanwise.London Limited Annual Report and Financial Statements 2025 ## **General Information** LEGAL STATUS Urbanwise.London Limited is a company limited by guarantee, not having share capital, governed by a Memorandum and Articles of Association. Working Name / Title: Urbanwise.London (The Urban Studies Centre) COMPANY SECRETARY AND STAFF DIRECTOR Moya O’Hara ## INDEPENDENT EXAMINER Fiona C Hatchman, Director, Additions Accountancy (Grantham) Ltd. Barn End, Grantham, NG33 5EA BANKERS PRINCIPAL ADDRESS Canalside Activity Centre Canal Close Ladbroke Grove London, W10 5AY Lloyds plc Ealing London, W5 ## TRUSTEES Mike Lachowicz (Chair) Hilda McCafferty (Vice Chair) Mary-Louise Wedderburn (Treasurer) Sarah Collinson Katy Jack Chloe Kenny Mahbuba Khan Jordana Smith 4 Urbanwise.London Limited Annual Report and Financial Statements 2025 ## **Chair’s Statement** This year, we have made significant strides in expanding our community and environmental initiatives, which have opened up new opportunities and partnerships. The ‘Greener Canalside’ project, launched this year with support from City Bridge Foundation and in partnership with London Sports Trust, aims to engage volunteers in transforming our local canalside environment into a cleaner and greener space. This project includes delivering sustainable workshops, family events, and activities for young people. Local people and community groups have participated in towpath litter picks, ‘paddle and picks’ with the bell-boat, and greening workshops, significantly improving the local canalside area. We were pleased to launch another new project, ‘Westminster Children’s Environmental Parliament,’ supported by the London Community Foundation’s Greener Futures Fund and working with eight Westminster Primary schools. Additionally, our ‘Hammersmith and Fulham Mudlarks project’ engaged six primary schools throughout the summer term, addressing issues of pollution in the River Thames and Grand Union Canal. These significant environmental initiatives were backed by several specialist partner organisations and contributed to local authority actions on climate change. Our ‘Active Local Learning’ programme for Hammersmith and Fulham schools was popular this year, allowing young people to explore their local area through outdoor, hands-on learning. During the holidays, our lively School Holiday Clubs, supported by Hammersmith and Fulham HAF fund and John Lyon’s Charity at Old Oak Community Centre, engaged children with nature and promoted healthy living. We were also pleased to support London Sports Trust’s ‘Safe Camps’ at Canalside Activity Centre. Additionally, local studies sessions were delivered for primary schools in Kensington and Chelsea, Westminster, Hounslow, Ealing, and Wandsworth. Our ‘Discover Your Scrubs!’ project, supported by the HS2 Community and Environment Fund, has successfully engaged local children in the Old Oak and College Park areas of Hammersmith and Fulham with Wormwood Scrubs, the borough’s largest green space. As this project draws to a close, new funding from Hammersmith United Charities will allow us to continue our efforts with local children in the upcoming autumn term with a new after-school project. Additionally, we hope that a recent Forest School pilot project, supported by Hammersmith and Fulham Council, will lead to increased sustainable outdoor learning opportunities in Wormwood Scrubs in the future. We delivered two community programmes in Westminster this year. ‘Discover Your Westminster’, supported by Westminster Adult Education Service, which has been running for several years, engages people in learning about the heritage and culture of their local area and sharing their findings together. ‘Discover and Share’ supported by Westminster Community Priorities programme aims to enhance wellbeing through connecting people from diverse communities, through a series of art courses and cultural visits. We were delighted to welcome Carolina de Toledo Fattori as our new Greener Canalside and Learning Officer. An experienced environmental educator, Carolina has already made a significant impact on our community and school initiatives, boosting volunteering and participation while enhancing our profile. We are approaching a time of transition for our charity, as we bid farewell to Moya O’Hara, who has served as Director of Urbanwise.London for 17 years and is now retiring from the role. We wish her all the best for the future. We are pleased to announce that Carlos Izsak will be joining us as our new Director. Previously part of Hammersmith and Fulham Council’s Climate Team, Carlos has a strong connection to our organisation, having previously served as our Education Officer for seven years. His extensive experience and enthusiasm make him an excellent addition to the team, and we look forward to welcoming him on board in a new role. 5 Urbanwise.London Limited Annual Report and Financial Statements 2025 We also say goodbye to Michelle Lindson, our Education Officer, who is leaving to pursue travelling and conservation work in New Zealand. Michelle has made a positive impact during her time here, improving our administrative systems and leading popular education sessions, walks, and visits; she will be greatly missed. Lastly, we extend our gratitude to John Kain, who retired from the Board of Trustees this year. I would like to express my heartfelt gratitude to our staff, trustees, and volunteers for their hard work and enthusiasm this year. A special thank you goes to our funders and partners for your unwavering support, which makes all of this possible. ## **Mike Lachowicz, Chair** ## **Trustees’ Report** The trustees, who are also directors of Urbanwise.London Limited (‘the charity’) for the purposes of the Companies Act, submit their annual report and the financial statements for the year ended 31 March 2025. The report and financial statements are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes. The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). The trustees have paid due regard to guidance issued by the Charity Commission on Public Benefit. ## **Objects** The objects of the charity are: - (a) the advancement of environmental education at all levels in an urban setting with particular reference to, but not restricted to, the Greater London area by the provision of a Centre; and - (b) to promote high standards of planning and architecture in or affecting the area of the London Borough of Hammersmith and Fulham. ## **Structure, Governance and Management** The charity is a charitable company limited by guarantee and was set up in 1983. It is governed by a memorandum and articles of association, which were amended by special resolution on 26 January 2017. Day to day administration of the charity and project work is carried out by the full-time staff director, Moya O’Hara, reporting to the Board of 6 Urbanwise.London Limited Annual Report and Financial Statements 2025 trustees, which comprises all the trustees. The director’s salary is based on an annual appraisal with the Chair of trustees subject to approval by the Board. For the avoidance of doubt, all trustees are company directors (for company law purposes) and charity trustees (for charity law purposes). Under the articles of association, the Board of trustees comprises: - a) not more than nine trustees elected by and from the membership of the charity at the Annual General Meeting; and - b) not more than three persons co-opted to serve on the Board by the elected trustees, provided that at no time shall more than one third of the total Board comprise co-opted trustees. The election of trustees is conducted in accordance with procedures established by the trustees. Prospective trustees attend trustee meetings as observers and if appropriate a resolution to appoint them is put to members at the next Annual General Meeting. At every Annual General Meeting, one third of the elected trustees retire from office. In the event that the number is not divisible by three, then the proportion to retire shall be that nearest to one third. The trustees to retire shall be those longest in office since their last election. Where there are trustees who have been in office for the same length of time then, in the absence of agreement, those to retire shall be selected by lot. Retiring trustees are eligible for re-election. Co-opted trustees serve until the end of the Annual General Meeting following their co-option but may then be co-opted again. ## **Risk management** The trustees consider the risks facing the charity as part of the normal business conducted at their meetings. Many of our activities were funded by local authorities in the past but this source is increasingly uncertain in the context of severe spending cuts. We are working hard to replace this income by extending the scope of our activities, both geographically and across a wider age range, so that we can appeal to more potential funders. However, the year to 31 March 2025 has seen the end of some major projects so funding ongoing activities is becoming increasingly difficult. Our major funders continue to be very supportive, but we cannot take this support for granted in the longer term. Funding future activities is therefore the most serious concern faced by the charity. The Trustees are very aware of the effects of inflation and the pressure on both schools and local authorities to save costs. There is also increasing competition for funding from all sources. The rising cost of living has made it increasingly difficult for staff and the impact of two successive years of wage increases has had a major impact on our operating costs. Whilst uncertainty over the charity’s premises was a major concern in previous years, the arrangement made in August 2021 to occupy an office at premises leased by London Sports Trust (LST), at the Canalside Activity Centre, Canal Close, W10 5AY (Canalside) has resulted in complementary activities and the opportunity to develop contacts with residents, organisations and Council representatives in the Royal Borough 7 Urbanwise.London Limited Annual Report and Financial Statements 2025 of Kensington and Chelsea (RBKC). Although the tenure of LST is itself for a limited term, the trustees are reasonably confident that the future of both charities in the Canalside premises is secure for two to three years so that some of the designated fund earmarked for moving costs can be released back to general funds to cover ongoing expenses. The trustees have also been very aware of the risk of relying on a small number of dedicated staff, especially the staff director Moya O’Hara. Moya is to retire at the end of August after more than 15 years running the charity and her experience and ability will be sorely missed. We are very pleased to announce that we have appointed Carlos Izsak, who used to work as Education Officer for the charity, to succeed her, but there will inevitably be a steep learning curve as fundraising takes up an ever greater part of the Director’s role. ## **Related Parties** The charity undertakes school project work in partnership with Hammersmith Community Gardens Association (HGCA), a registered charity (number 1111999), registered office 1 Melina Road, London W12 9HY. The staff director of Urbanwise.London Limited, Moya O’Hara, is a trustee of HCGA and during the year the charity invoiced HCGA £3,815 for project and education related services. The charity was also connected to London Sports Trust (LST) (registered charity no. 1077167) through trustee John Kain, Operations Manager at LST, until he retired as a Trustee in March. The charity has paid LST a total of £5,100 in the year to 31 March 2025 towards costs of the premises it shares with LST. ## **Volunteers** There were 78 volunteers through the year, including 73 through our Greener Canalside project and one from King’s College London (2024: five volunteers). ## **Fundraising** Urbanwise.London does not fundraise from individuals during the year to 31 March 2025, all funding being sought from organisations including local authorities. Given the severity of the funding situation the trustees have decided to extend fundraising to the wider public. ## **Financial Review** Total charitable income rose by £23,000 (12% on the previous year) to £215,000. However, more than £28,000 of income was for a restricted fund project that ended in July 2025, and a further £49,000 was for another restricted fund project running for three years until June 2027 (annual income averaging £59,000). Both funds include an allowance for overheads. As mentioned in the previous paragraph, we received funding for our Greener Canalside project from City Bridge, for three years from June 2024, £48,750 in the ten months to 31 March 2025. The London Borough of Hammersmith and Fulham continued to be a major source of funding, totalling £38,640. The other major funders were Westminster City Council (£23,300), £16,948 for the Westminster Children’s Environmental Parliament, from London Community Foundation Greener Futures fund 8 Urbanwise.London Limited Annual Report and Financial Statements 2025 supported by Grosvenor Estates, and HS2 (£28,366) for the Discover Your Scrubs project, which ended in July 2025. All funding and other income except for small donations was for specified projects or undertaken in accordance with service level agreements. Further detail is given in Note 2 to the accounts. We are really grateful for the generous support of all our funders. Expenditure related to unrestricted funds increased by 33% from £113,000 to £150,000, mainly due to increased staff costs with the addition of a new member of staff and salary increases reflecting the rising cost of living in London. 72% of the charity’s expenditure (£175,000) was on payroll costs and freelance staff (2024: 75%, £134,000), with project expenses (£16,000) accounting for a further 7% (2024: project expenses £9,000, 5% of total expenses). There was a substantial deficit for the year of £16,604 on unrestricted funds compared to a small surplus of 175 in 2024. The deficit was due mainly to staff costs on developing new services or extending existing project work, funded from reserves. ## **Reserves Policy** The Board of Trustees has considered the charity’s need for reserves in the light of its risk assessment and plans for future periods. Given the slightly better outlook for premises and the uncertainty surrounding future funding, while we are determined to build up our services in line with our charitable objectives, we have decided to release back to general reserves £10,000 of the funds designated for costs that might be incurred in a future move to new premises. Whereas in the past the trustees have sought to maintain the unrestricted fund at a level of between three and six months’ operating expenditure, we consider it more appropriate to specify more precisely the purposes for holding surplus funds. In the first place we shall carry forward £27,352 for costs that will arise when we eventually need to move to new premises. Of the £35,029 remaining in general funds, we anticipate that up to £19,000 will be needed to cover the cost of a member of staff employed full time but for whom funding exists for only 3 days per week. The balance of £16,029 is less than the total support costs incurred by the charity in the current year so is needed to cover running costs should we be unsuccessful in too many of our funding applications. ## **Plans for the Future** The trustees and staff director are working to generate income from multiple sources to ensure that the charity can continue to meet its objectives. The support of our funders is crucial and we owe them a great debt of gratitude. The trustees and staff are working together to ensure that the charity remains adaptable and efficient, so that it can meet its objective of advancing environmental education through the provision of a Centre. Despite all the difficulties, the trustees 9 Urbanwise.London Limited Annual Report and Financial Statements 2025 are confident that the charity has a secure basis on which to fundraise and plan for the future. trustees’ annual report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the company for that period. In preparing the financial statements, the trustees are required to: **Members of the Board of Trustees** (being directors for the purposes of the Companies Act) The trustees who served during the year were as follows: Mike Lachowicz (Chair) Hilda McCafferty (Vice Chair) Mary-Louise Wedderburn (Treasurer) Sarah Collinson Katy Jack John Kain (retired March 2025) Chloe Kenny Mahbuba Khan Jordana Smith Hilda McCafferty and Mike Lachowicz retire at the Annual General Meeting and, being eligible, offer themselves for reappointment. ## **Trustees’ Responsibilities in Relation to the Financial statements** The charity trustees (who are also the directors of Urbanwise.London Limited for the purposes of company law) are responsible for preparing a • 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; • state whether applicable UK accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and the group and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s 10 Urbanwise.London Limited Annual Report and Financial Statements 2025 website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. ## **External review arrangements** The company is exempt from the Companies Act 2006 requirement to submit the accounts to an audit. At the Annual General Meeting on 23 September 2023, the members approved the appointment of Fiona Hatchman, Director, Additions Accountancy (Grantham) Ltd. to carry out the examination of the accounts for the year ended 31 March 2024. A resolution to reappoint Fiona Hatchman as Independent Examiner will be put to the next Annual General Meeting. ## **Approval** This report, which has been prepared taking advantage of the small companies exemption in the Companies Act 2006, approved by the Board on 15 July 2025. MOYA O’HARA Moya O’Hara Secretary li Urbanwi5e.London Limited Annual Report and Financial Statement5 202S_ Ourwork in Numbers 4059 learning experiences, working with children, young people and adults over o range of18 projects. Active Local Learning 16 Locol Studies 13 WCC Children's Enwronmenlol Podioment 8 Schools H&F Mudlarks 6 Discover Your Scrubsl 2 Noturol Explorers I Sustainable travel projects 3 Ploy Streels 2 Active Local Learning 1,093 Local Studies 755 WCC Chikdren's EnvirC￿mento1 Podiament180 H&F Mudlarks 220 Discoveryour Scrubs1174 Discoveryour Westminsler 119 ParticipaKh Discover and Shore 158 Greener Conalside 235 Scrubs Forest School 30 HAF Playschemes 150 John Lyon's Chority Playschemes 40 School sustainable travel projects 210 Event, training ond small projects 695 12 Urbanwise.London Limited Annual Report and Financial Statements 2025 ## **Staff Director’s Report Annual Projects** ## **Active Local Learning** Children and young people in primary schools across Hammersmith and Fulham participated in outdoor sessions that enriched their history geography, history and science curricula. They enjoyed exploring the riverside environment, learning mapping skills and discovering significant local heritage. We also ran curriculumlinked local studies sessions for schools in Kensington and Chelsea as well as other boroughs. ## **Hammersmith & Fulham Mudlarks** The Mudlarks project took place during the summer term, involving Year 4 and 5 students from Old Oak, Flora Gardens, Wendell Park, St John XXIII primary schools and London Oratory School Junior House. Students explored the critical issue of waterway pollution and collaborated with council officers and other environmental organisations to devise solutions together. The project concluded in a children’s conference at the Riverside Studios in Hammersmith, where participants presented their projects to invited guests and sang the Mudlarks song together. _“I enjoyed learning all about plastics in the River Thames and how we can improve things for the animals that live there.” Year 4 student_ ## **Hammersmith & Fulham Holiday Clubs** During the summer, Easter, Christmas and half-term holidays, our Holiday Clubs for young people at Old Oak Community Centre offered a variety of engaging activities. Led by our playscheme manager and her dedicated team, local young people participated in outdoor play, sports, forest school activities, healthy living sessions, art workshops, and excursions to Wormwood Scrubs and other places of interest. ## **Discover Your Westminster!** Our adult education course, in partnership with Westminster Adult Education Service, included a short arts course at Westminster Reference Library, a heritage course at Mayfair Library for people learning English, and a summer series of Green Walks. Additionally, we organised visits to Kew Gardens for both the Orchid Festival and to enjoy the autumn colours, as well as a guided tour of the Wallace Collection. _“I really enjoyed the course and hope to do more with Urbanwise in the future. It was a pleasure and a privilege to get access to fantastic places for free and to have the benefit of learning from talented trainers like you.” Learner, Kew Gardens visit_ 13 Urbanwise.London Limited Annual Report and Financial Statements 2025 ## **Discover Your London Walks** Our programme of regular walks, supported by Transport for London, took place throughout the year, discovering some of London’s wonderful parks and open spaces. This year’s walk highlights included Kensington Gardens, Walthamstow Wetlands, the Grand Union Canal towpath, Regent’s Park and the City of London’s Secret Gardens. ## **Training, Workshops and Events** We delivered walk leader training sessions for groups who are new to leading community walks for Groundwork UK, and we supported Grand Junction Art Centre heritage volunteers in leading two new local walks. We also participated in some enjoyable community events at Canalside Activity Centre, Wormwood Scrubs, Portobello Road and at venues throughout Hammersmith and Fulham. These included Playstreet events, where for a short time, children took over their local streets to ride their bikes and play games, and some sustainable workshops in local libraries, making seasonal wreaths, beeswax candles and weaving with wool. “ _Amazing session. Each facilitator bringing incredible knowledge and enthusiasm to the session. Learnt so much and lovely atmosphere. Love the ethos of the organization!” Walk Leader Training Participant_ ## **Special projects** ## **Greener Canalside** We began our Greener Canalside project in June this year when Greener Canalside and Learning Officer, Carolina de Toledo Fattori, joined the team. The project has enabled us to green up our canalside basin by planting flowers and vegetables, removing litter from the towpath and the canal, and improving the environment for people and wildlife. There have also been visits from school groups, family events and a series of sustainability workshops for local community groups. A dedicated group of weekly volunteers and regular ‘paddle and pick’ sessions with a variety of community groups has contributed to the project’s progress. _“It feels great to see the canalside area gradually improving, bit by bit.” Volunteer_ ## **Scrubs Forest School Project** During the autumn and spring, we conducted a pilot project with Key Stage One children from Old Oak Primary School at Wormwood Scrubs, where they took part in nature activities, games 14 Urbanwise.London Limited Annual Report and Financial Statements 2025 and crafts in their own dedicated space, whatever the weather! Due to its success, we hope to continue running similar projects in the future. ## **Westminster Children’s Environmental Parliament** This year, a new ‘Children’s Environmental Parliament’ project involved Year 5 and Year 6 children from eight Westminster primary schools. The children researched a range of topics linked to climate change, including food miles, school gardening, the Grand Union Canal and the biodiversity of the River Thames. The project concludes with a school event in the summer term, hosted by ZSL at London Zoo. _“We are very grateful for the opportunity to work with Urbanwise and your support with this environmental project. The pupils enjoyed the process and the excitement of presenting their research work over the term. It has added impetus to their work and drive as young ambassadors to help protect our environment and global issues.” Class teacher_ ## **Discover Your Scrubs!** Young people at Kenmont and Old Oak Primary Schools and the ‘Play and Stay’ families enjoyed our lunchtime and after-school clubs, connecting them to the semi-natural environment of Wormwood Scrubs. Activities included nature crafts, bird identification and making smoothies with a smoothie bike. Throughout the summer, we hosted lively family events and local children participated in play activities during the school holidays. ## **Discover and Share** The ‘Discover and Share’ project, supported by Westminster City Council’s Community Priorities Fund, aims to enhance wellbeing through connecting people from different communities and fostering new and supportive friendships through active learning and discovery. We were delighted to collaborate with Westminster’s Library Service, the Church Street Community Champions, and various other local groups and local residents on this initiative. Participants engaged in short arts courses, making their own illustrated story books, local walks and visits to cultural sites, including Hampton Court Palace, Kensington Palace and the Wallace Collection. 15 Urbanwise.London Limited Annual Report and Financial Statements 2025 _“Thank you so much for arranging this visit. I have already had two regular customers come into the library telling me how much they enjoyed the trip. Their eyes sparkled with so much interest and appreciation for the visit. It truly is helping them.” Library Officer, Marylebone Library_ ## **School Superzones / Safe Routes to School** We worked with Thomas’s Academy, Addison and St. John XXIII primary schools in Hammersmith and Fulham. During the projects, students investigated traffic and transport issues, explored their local area, and developed plans for promoting sustainable and safe travel to and from school to share with local authority professionals. ## **Small Projects** We worked in partnership with Hammersmith Community Gardens to consult local families and schools about the wildlife area at Ravenscourt Park, which is due for a transformation by Hammersmith and Fulham Council. We also delivered our Natural Explorers program for SEND children at Avonmore Primary School in partnership with AllChild. ## **Moya O’Hara, Director** Urbanwi5e.London Limited Annual Report and Financial Statement5 202S_ Finance l•d¢pMd¢Ji Ex•Mi•er's reiK*I tr• the Tr•#ea of UrbamwxLoodo• Li•ited I rg￿rt to the charity trustees on my ¢k•ninoti(m of acLY)unts of the company for thc YAT ended 31 Marth 2025 ￿￿ch are set pages 17 to 25. R&typxsib•li(ie8 a•d btsii of rqmwt As the charity truslees ofthe company (and al￿ its dIr￿tr￿S f(Y the puryx)se5 of company law) you ale reswnsible for the Prepa￿10￿ of the xcounts in accordance with the requirements of the Comp￿1¢5 Ad 201X) ('the Art.). Having satisfied myself that the xcounts of the ¢￿panY are n(* requirnl to be auditrd u Part 16 of the 2(KJ6 and are eligible for independenl examination. I rcport in rcsm of my examinalion of your company's ￿OUnts as cwried undcr SLxtion 145 of the Ch￿111¢5 A 20I I ('the 2011 A￿,1. In carrying oul my examinalion I have followed the Dir¢￿ton$ given by the CThariry Ccffimission under ￿tIOn 145(5Xb) of the 2011 ACL I have completrd my ￿MIn￿R￿L I c(fftfimi matttss have come lo my attention tmcthon with the exgrnin&ion giving me cause to believe that in any material re4>￿tr. accouffling Te£ords werc not kq>i in ￿ of the comrwy as rcquired by section 386 of the 21kn Ath" or 2. the actounts do Dot accord with those recoTd4 or 3. th¢ do LXXDply with the ￿11￿% wuir¢ments of secti¢M 396 of the 2￿6 Ath othcT than any requir¢meni that the aCc(K￿ts give a'true and f•ir view, which 15 not matter considttoj a5 part of an indcFuNlent exaMin￿l￿n. or the have been wepgred in &￿T￿Ce with the Meth(￿ and Fr￿lpIeS of the 8tst¢ment of Recommendul Pr&xice for xcounting *NI rewrting by th&rititrs applicable to chariiie% PTwing tr￿1r xcounls in accordance with the Fina￿••1 Re￿rtIng Sthndzd applicable in the UK aEKI Republic of Ircland (FRS 102). I have no eon¢erns and hove come no other matr¢rs in Conn￿11{￿ with ihe examinalion which at*niion should dTaWn in this r¢iK)rt in order to en¥ble a uDders'tst￿InE of the &x4)unts to iK r¢gch¢d. FI()NA HATCHMAN Chattued Ins¢iiutE ofp*lth FillMte •nd A¢to¥ml• DirEcthr. Additions Acc4)untaw (Crntham) L￿. Gramham NG33 SEA 15 Au8u& 2025 Urbanwi5e.London Limited Annual Report and Financial Statement5 202S_ SfATEMEYf OF FIYAIICIAL AcTiVr￿ IINCLUDINC ThCOME AND EXPENDITURE ACCOUN FOR THE YEAR ENDED 31 MARCH 2025 Nolt 21125 2024 Total fu*ds funds IDcome from: 192.11 82.116 13L979 21S095 455 455 79J40 112,773 430 Intcrtsi rectivable 430 192.54 133 434 21 03 Espendltyre on: 178J6 Clwritsblc activitics 3A 91.408 150.038 241J06 65.340 113.028 178.36 Totsl 150 1138 241 65 113028 Nei -exptndlturtAneotht 52 175 14 175 Nt¢ fuThth -9J52 -1(604 -2S956 175 14,175 Totsl fundi *t l Aprll 2024 (9 14.•00 Tr985 91985 22J52 5&458 78.810 -2U52 22J52 TotAi fllndi •t 31 M*Y¢h 2025 (9 78 985 92 985 The statemwt of fm8tKJxl artivities itKltyles 011 pios and in the year. AII iDcomc and CXPCDdÉture detive from coniinuin8 acttvilie Urbanwi5e.London Limited Annual Report and Financial Statement5 202S_ Comp*ny re*tratlon mumber 01762107 (ED%lAnd & W￿e8) BALANCE SHEET AS AT 31 MARCH 2025 2023 2024 CURiiENT ASSETS tkbtors Cth ￿ bank and in hatsd 11,440 29,722 l(Kl.154 116.175 CRLDITI)RS.. Amouttty falliAA du¢ withiti y¢ NET CURKENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 98 THE FUNDS OF THE CHARITY Re$lTicled incom¢ futsd.. Unrestricied fund.. Dcsignaied fiu G¢nernl r￿dI &9 4.648 14.IXX) 27.352 37.352 TOTAL CHARITY FUNDS S¢*itment by ihe dlrectorj under ittdon 47( CompAnlu Ad 21)IM For the year c￿led 31 March 2025 the company enliiled io exemption fmm rewirement to ￿ve AD audit under section 477(1) of the Comwllci Aci 2(Kl6. No notice h&8 been deposiied mdcr sectioti 476 of the Act by menthets requeMttt8 an audit of the CoM￿nY,$ accoun￿ for the fuwicial year. The direcloTS acknowlcd¥e their ￿$pl￿1b1liticj for. lil emurin8 thai the cowy kceps occounlin8 rtc(v& whi¢h ¢oryly with secl1￿ 386, And (li) preparing accounts which give a tNe and fair View of the statr of affairs of the coMp￿Y ￿ ai 31 March 2025 and of its s￿pILLS fff the yeAt then ended in aceordanee with the miuiremenis of section 396 of the Companies Act 2(￿. and which Othen￿ comply with the TtqU1TeM￿ts of the Aci TelAiin8 ￿ accounts, far u opplicabl¢ io the company. Theje a¢¢ounli whi¢h have been pffpafed in a¢¢ord•nc¢ with the ￿Visio￿ of the Compani¢$ Act 2(X16 4pplic4ble to companies subjeci to the con4Mrriu regime. were apwved by the mwwent committee on 15 July 2025 and si8ned on its behalf by: Mike Lachowicz Urbanwi5e.London Limited Annual Report and Financial Statement5 202S_ STATEM￿ OF CLSHFtA)WS FOR THE YEAR ENDll¥G 31 MARCH 2025 2025 2024 Cuh flowx from op¢r#tknt ad1￿1¢1.. N¢t cash g¢ncraicd byl{us¢d in) opcraling aciivitics {29J43) Cajh flowx from Inwtsil#t #¢tlvltleL' Bank d¢￿)SIt iDt¢r¢st ￿¢1V¢d Cb*nge In e**h *od eath equlv*ltDts In tht flnan 67.029 Urbanwi5e.London Limited Annual Report and Financial Statement5 202S_ NOTES FORMII¥G PART OF THE FIYAi%CIAL STATEMENTS FOR THE YEAR EI%DED 31 MARCH 2025 Iconlinlled) STATEM￿ OF DISPOSITIO1¥ OF FUNDS AT 31 MARCH 2025 Reitriettd Fund Tot*1 FttDd Curcnt assets cU￿ent liabdities 90,506 9.648 100,154 •l-Apr 2024 IneoD pend 31-M#r 21125 Reitrlrted fuDd proJtet thleldonor Gre¢ner Canalside- City BTid8e Di5covcr YOUT ScrubslHS2 John LYODS Piayschcme Wren's London 48,750 44,980 28.366 35.488 5.(W 5.( 3,770 878 Thc wholc of thc restricttd fuud ￿￿tts are reptrscnted by at and £5.0￿ fimdRDg rcccived in advaDce of project cxpcnditurc is carricd fon¥ard ￿ dcfcrred trvcDUC. Thc TrmainiDB assets and liabilitics of the company belong to the Unre5tsic*d income fund vthich is the cumulative Su￿luS on the chaTity's activities. 11. STATUS Thc Con4wJy. mthich is limited by guaranttt, W&8 fornled in 1983 otbeThw than forprofit and is registered as I￿lty. Th¢ I￿lIlty of rn¢tnb¢r is r¢strid¢d to £1.