COMPANY REGISTRATION NUMBER.. 01798931 CHARITY REGISTRATION NUMBER.. 289069 Lambeth Accord Company Limited by Guarantee Financial Statements 31 March 2025
Lambeth Accord Company Limited by Guarantee Financial Ststements Year ended 31 March 2025 Page Trustees. annual report (incorporating the director's reporti Independent accountant's report lo the members Statement of financial activities (including income and expenditure account} Statement of financial position Notes to the f1nan¢ial statements
Lambeth Accord Company Limited by Guarantee Trustees. Annual Report Ilncorporating tho Director's Report} Year ended 31 March 2025 The trustees. who are also the directors for the purposes of company law, present their report and the financial statements of the charity for the year ended 31 March 2025 Reference and admini5trztivè dètails Registerèd charity name Lambeth Accord Charity rggistration number 289069 Company regi5tratton number 01798931 Principal office and règiste 336 Brixton Road Offic• London SW9 7AA The trustees M W Boiowy H Lansdowne O Strong H Adam5 A Ayoade E Thomas B Treloar S P1dwell L Sulcliffe appointed 19.11.24 Senior Managemènt Manager Adrian Harns Accountants Haines Watts Swindon Limited Chartered Accountants Old Station House Station Approach Swindon SN1 30U Structure, Governance and Managfrment Govèrning document Lambelh Accord Is a charitable company limited by guarantee, incorporated on 9th March 1984 and reglstered as a charity on 24th April 1984 The Articles of Association which established the objectives and power5 of tre ¢haritable company were rev15ed and agreed by Special Resolution passed on 41 November 2024 It IS governed under its Articles of Association. In the event of the company being wound up. mernber5 liability is limited lo £0.25p. Recruitment and Appointment of Managèmènt Committee
Lambeth Accord Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Report) Year ended 31 March 2025 The Directors ol the company a charity trustees in accordance with charity law Under the company, Articles they are also designated as members of the Executive Committee. At every Annual General Meeting. one third of the existing Trustees sland down from the Trustee Board and are eligible for re- election. New Trustees may be elected at the Annual General Meeting to replace retiring Trustees that are not seekin9 re-election or to fill any vacancies on the Trustee Board Members of the Executive Committee have a broad range of skills and experience including voluntary sector management at a senior level, social enterpr15e development. finallce, property developrnenl, planning and building management The trustees delegate day-lo-day rnanagement to the manager Adrian Harris Pay and reFnuneration ol key management posts Is set by reference lo market conditions. Risk Manageent Lambeth Accord review all risk assessments on an ongoing basis. Including health and safety. financial. legal and other lopi¢s. lo which the charity Is potentially exposed Systems and procedures are In place to manage those risks The Executive Committee has taken a very prudent approach to the organisalion's finance5 to ensure that appropriate levels of fullds are held In reserve while continuing lo Invest In the maintenance of the building to meet rts responsibilities lo lenanl organisalions and servire users where required Objectives and activities The company is a charity that exists lo promote the efficiency and effectiveness of charities and the effective use ol charitable resources by ¢hari13ble and non-charilable bodies In general. with a preference ltsr supporting organisations Ih3t work for the benefit of Disabled people andlor are based In the London area. particularly those based In Lambeth Our operating name Is We are 336.. which reflects the ethos ol the building. In Setting Its objectives the trustees have due regard lo the Charity Commission guidance on pub11c behefit Supporting and Working wilh ITisability Organisations We offer accessible and affordable office accommodaliun to charitable and non-¢haritable organisation5 that support Disabled people The demand lor office space rernains robust posl-COVID and we have an o¢Gupancy rale ol about 85°/u at the end of the year. The occupancy of the office space by disability organisations has been fairly constant at 15 organisalions Tenant occupation by duration shows thai the majority of tenants In 202412025 had been In o¢¢upation for more than two years. and nearly trNo- third5 had been occupation for more than five year5. Lambeth Accord has regularly offered work experience placement opportunities to Disabled people some of which have led to paid employrnent We have workèd with Slalus Employment, South London and Maudsley NHS Foundation Trust and other local voluntsry organi5ation5 These opportunities help people prepare lor the world of work. Lambelh Accord has a positive action procurer&ienl policy, to purchase goods and seThices Irorn local disability organisalions. During thi5 year Lambeth Accord has continued lo work cltssely with Carpel Cleaning Care. 2024 marked the 40th anniversary of the charity's founding and It colltinues lo make an important contnbulion lo Impfoving the lives ol Disabled people in and around Lambeth. both through Ihe 5UPPOrt It gives lo its tenant organisalions and Ihrough Its active 5nvolvemenl In the wider community Lambeth Acmrd continues to be a partner in Lambettt Council'5 Gomfnunity Hubs Development Programme, as one ol five local charitie5 8¢ting as 'communily anchors providing place-based provision,. The Hub5
Lambeth Accord Company Limited by Guarantee Trustees, Annual Report (Incorporating the Director's Reporti Year ended 31 March 2025 continued to prOde a website. htt s 111ambethh community building ml which has a range of free resources for Community Engagement Conference space. The conference spacè on the main lower floor Is let al commercial rates (apart frorn to charitiesl- which helps lo subsidise the ren15 charged to the off1ces above This use is growin9 back enccsuragingly towards pre-COVIO levels Lambeth Repair Café The Cale whicb started In June 2023 has continued very su¢¢esslully at We are 336 on the fir51 Saturday of each month 11 aims to repair broken Item5 for free, to reduce the amount of waste. share skills and promote community cohesion The repaired Ilerns are household electronics. mechanical devices. ¢ompuler5. bicycles, and clothing The repairs are undertaken by vtslunleers who achieve around a 85 /0 repair rate It has become the largesl repair café In Lambeth and olle ol the biggest In London The café is now a CIC (Community Interest Companyi powered by Integrate anoj Lambeth Accord which has fundraised to support operating costs Including administration, refreshments and rc)om hire. 11 provides a website at htt ,'IwNw re air¢afe-lambeih.or Community Krtchens. The Share Community kiichen Is used m05t day5 a week lor basic life skills for its students The Hea51hy Living Platform kitchen Is used one or tW1ce a week. The Food Hub. The Healthy Living Platform surplus food hub which operates from the 336 premises has increased the number of food banks and pantries which It supports from 40 to 45 per week The Basement Gallery" Block 336, the gallery and studio space in the basernenl. came under new management In 2024. with plans to shift ils focus tOW8rds priorilising the creative contributions of Di5abl&d people and Increasing opportunities for mtsre IncI1ve engagement In the arts 111$ working to expand its range of activities In 2025126 Pèrformancè and Developments The locus at the start of the year was the building development project, the end objective being the maior refurbishment and expansion of Ihe current site The Directors, ullirnale aim Is to Iransforrn the building into a 'state of the art, accessible office resoui¢e for disability organisations and a first-class inclu51ve conference and meeting faGilIly Financial Review The position of the charity at the year-end Is sel out on page 7 The principal funding source continues to be tenant income
Lambeth Accord Company Limited by Guarantee Trustees. Annual Report Ilncorporating the Director's Report} Year ended 31 March 2025 R85erv85 policy Total reserves at the year-end amounted 1¢ £1.309,285 12024 £1,396.5851 of which £999,999 12024 £1.031.2961 related lo restricted reserves. Free reserves at the year-end lunreslricted reserves not tied up in fixed assets) amounted lo £302.98912024 £365.2851 Ouring this year we have maintaine(J suffiGienl reserves to meei the reserve policy requifemenls of 6 months running costs To Inform the building development exercise. we have also recently ¢omm1$51tsned a maintenance plan covering costs of relurb15hment over the long term. In the Interim. the Directors have allowed for a minirnum target of £150.000 per year for th15 purpose Any addition31 money over and above the agreed level ol reserves will be used on the building development Investment policy Given the current level of fLJnds available lo the charity. banking facilities provided by the Bank of Scotland meeLlhe Charity's current fequ5rements for maximising earned Interest Devèlopmgnt of tho 336 Site In the short 10 mecjium team, Lambeth Accord ha5 Started to examine ways to ra15e suffi¢ient funds to redeveloplrefurb15h the 336 site. In order lo bring the building up to a 5Ultable standard Avison Young was employed lo produce a scheme which included selling the rear ol the building for flats. to 3cI as an enabling development for Improvements to the rest ol the buildin9 However, the result ol this exercise showed Ihal this was not a viable approach. Following this Avison Young was asked to provide a c05ted maintenance plan programmed over 3 ten year period. Lambeth Accord Is now exploring otherways to fund these repairs together wilh expansion of 1ts office contenl. Small company provisions This report has been prepared in ac¢ordan¢e with the provisions applicatile lo cornpanies enlitled to the small companies. exemption trILE& , rttc.mns Trustee
Lambeth Accord Company Limited by Guarantee Independent Auditor's Report to the Members of Lambeth Accord Year ended 31 March 2025 Independent Examiner's Report to the Trustees of Lambeth Accord Limited I report to the charity trustees on my examination of Ihe accounts of the company for the year ended 31 Mar¢h 2025 which are Set oui on pages 6 10 16. Respon5ibi1stÈes and basis of report As the charity trustees ol the company land also Ils directors for the purposes of Company lawl you are responsible lor the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Acl'l. Having satisfied myself that the accounts ol the company are not required to be audited under Part 16 of the 2006 Act and are eligible for Indepenclent examination. I report In respect of my examinatson of your cornpany* accoun15 as carried out under section 145 of the Charities Act 2011 I'the 2011 Acl'l In carrying out my examination I have followed the Directions given by the Charity Commis510n under section 14515llbl ol the 2011 Act Independent 6xamin&r's statement Since the company's gross Income exceeded £250.000 your examiner must be a member of a body listed In section 145 of the 2011 Act. I confirm that l am qualified to undert3ke the examination because l am a member of the ICAEW which is one of the Iisled bodies I have completed my examination 1 confirm that no matters have come to my attention In connection the examination giving me cause lo believe that In any material respect". accouniing records were not kept in respect of the company a5 required by section 386 of the 2006 Act, or the ac¢DUnts do not aCGord with Ihose records, or the accounts do noi Comply with the a¢¢ounling requirernenls ol section 396 01 the 2006 Act othei than any requirement that the accounts give a 'lrue and fail view, which Is not a matter considered as part ol an Indepelldenl examination, or the accounts have not been prepared In accordance with the method5 and piin¢iples ol the Statement ol Recommended Practjce lor accounting and reporting by charilies. I have no con¢erns and have ¢ome a¢ross no other matters In connection with the examination to wh1ch attention should be drawn in this report In order to enable a proper understanding of the ac¢ounls lo be reached Martin Gurney FCA ICAEW Haines Walts Swindon Limited Old Station House Station Approach Swindon SN1 30U Date 2+1.,12L
Lambeth Accord Company Limited by Guarantee Statement of Financial Activities (including income and expenditure account) 31 March 2025 2025 2024 Unresiricled funds Restricied funds Total fund5 Total funds Note Income and endowments Charitable activities Other trading a¢tivities Investment income Other incorne Donations Grants 317.314 7.459 10,108 9598 3.214 317,314 7,459 10,108 9.598 3.214 12.913 311,484 8047 6.189 9.207 3316 1.740 12.913 Total income 347,693 12,913 360,606 339.983 Expènditure Expenditure on raising funds Costs ol oltter trading activities 10 Expenditure on charitable actlV1tie$ 11.12 Total expenditure 7.392 396,304 7,392 440.514 10.802 297.361 403.696 44,210 447.906 308,163 Nel Incomellexpenditural and net movemenl in funds 156,0031 131,2971 187,3001 31.820 Rgconciliation of funds Transfer between ftjnds Total funds brought foiward Total funds carried forvlard 365,289 1,031.296 1396.585 1,364.765 309.286 999.999 1,309.285 1,396,585 The statement ol financial activities includes all gains and losses recognised In the year All income and expenditure derive from continuing activities The notes on pages 8 to 16 form part of the$È flnancial statements.
Lambeth Accord Company Limited by Guarantee Statement of Financial Position 31 March 2025 2025 2024 Fixed assets Tangible fixed assets 17 999,999 1.024.999 Current assets Deblors Cash at bank and in hand 18 23.902 370.323 33,002 426,424 394.225 459 426 Creditors.. amounts falling due within one year 19 84,939 87.840 Net current assets 309,286 371.586 Total assets less current liabilities 1,309.285 1.396.585 Funds of the charity Restricted funds Unrestricted funds 999.999 309 286 1.031,296 365 289 Total charity funds 20 1.309,285 1.396 585 The director5 ¢onsider that the company is entitled to exempty.on from the requirement lo have an audit undei the prDvisions ol section 477 01 the Companies Act 2006 relating to small companies. Directors. responsibilities 111 The members have not requffed the company to obtain an audit of Its acctsunts lor the year in question in accordance with section 476". 121 The directors acknowledge their respon51b51ities for complying w11h the requirements of the Ad with respect lo accounting records and Ihe preparation of accoun15 The financial statements have been prepared in accordance with the provisions of Ihe coMpane$ Act 2006 applicable lo companies subject lo the small Gornpanies. regime. The financial statements were approved and aulhorised for Issue by the Board of Trustee5 on and 51gned on Ils behalf by Trustee O Strong Trustee The notes on pages 8 to 16 form part of the$È financlal statements.
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements Year ended 31 March 2025 G•ntral infom)ation The charity is a private cornpany limited by guarantee, registered In England and Wales and a registered charity in England and Wales The addres5 of the registered office Is 336 8rixton Road. London. SW9 7AA Slatement of complianco These financial statements have been prepared in compliance with FRS 102. 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland.. the Statement ol Recommended Practice applicable to charities preparing their accounis In accofdance with the F1nancial Reporting Standard app':icable in the UK and Republic of Ireland IFRS 1021 Icharilies SORP IFRS 10211 and the Gharilies Act 2011 The charity constitutes a public benefit entity. AccoUnn9 pollcigs Basis of preparation The financial slalements have been prepared on the historical cost ba51s. as modified by the revaluation of certain financial a55ets and 11abilities and investment properties measured al fair value through Incorne or expenditure The financial stalernent5 are prepared In sterling. which 15 the functional currency of the eniity and rounded lo the nearest £ Disclosure exernpttons The entity satisfies the criteria ()f being a qualifying ent11y a5 defined in FRS 102 As such. advantage has been taken ol the exemption of including a cash flow statement Going Gonc8m There are no material uncertainties about the ability of the charrty to continue as a going concern. Fund accountin9 Unrestricted funds are available for use al the discretion of the trustees lo further any ol the charity's purp05e5 Designated funds are Unrestrted funds eam3rked by the trustees for particular future project or commitment Restricted funds are Subjected to restric110ns on laeir expenditure declared by the donor or through the terms of an appeal. and fall Into one of two sub-classes restricted Incorne funds or endowment funds
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements (continued) Year ended 31 March 2025 Accounting policies {confynuedJ Incoming sourceS All Inco1n9 resources are Included in the statement ol financial activities when entitlement has passed to the charity. it Is probable that the economic benefit5 associaied with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied lo particular categone5 01 Income. in¢ome from donations or grants Is recognised when there is evidence ol entitlement the gift, receipt is probable and 115 amount tan be measured reliably. legacy Income is recognised when receipt Is probable and entitlement Is established. incorne froTn donated goods is measured at the fair value ol the goods unless this is Impractical to measure reliably. In whictt Case the value Is derived from the cost to the donor or the estimated resale value Donated facilities and services are recognised In the accounts when received if the value Can be reliably measured. No amounts are included for the contribution of general volunleers Income from contracts for the supply ol services is recogni5ed with the delivery of the contracted service This Ig classified as unrestr1cled fund5 unless there Is a contractL581 requirement lor It to be spent on a particular purpose and returned if unspent. in which case It may be regarded as restricted. Resourcès expended Expenditure Is recognised on an accruals ba51s as a liab111ty is incurred Expenditure includes any VAT which cannot be flY recovered. and Is classified under headings ol the statement of financial acbviti¢s to which it relates expenditure on raising lunds Includes the costs ol all fundraising aot1Vlties. events. non- charitable trading aclivities, and Ihe sale ol donated goods expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further 115 charitable aims for the benefit of Its benefioaries. including those support costs and cos15 relating to the governance of the charily apportioned to charitable other expenditure include5 811 expenditure that Is neiiher related to raising funds lor the charity nor part of 115 expenditure on charitable activities. All cos15 are allocated lo expenditure categories reflecting the use of the resource. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared cos15 arè apporhoned betrNeen the activities they Gontribute to on a reasonable. justifiable and consistent basis. Tangible assets Tangible assets are Initially recorded at cost. and subsequently stated at cost less any a¢¢umulated depreciation and Impairrnenl losses Any tangible assets carried at revalLJed amounts are recorded at the lair value al the dale ol revaluation less any subsequent a¢¢umulated depreciat10n 3nd subsequent accumulated impairment losses
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements l¢onttnu¢d) Year ended 31 March 2025 Accountlng policies {corJtynv•dl Tangible assèts (continucdl An Increase In the carrying amount of an asset as 3 result of a revaluation. Is recognised In other recognised gains and losses, unless It reverses a charge for Impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount ol an asset as a result ol reVaIatiOn. Is recognised In other recognised gains and losses. except to which 11 offsets any previous revaluation gain, in which case the loss Is shown within other recognised gains and losses on the statement ol financia1 activities. Depreciatio Depreciation Is calculated so as to write off the cost or valuation of an assèt. lèss its residual value. over the useful economic life of that asset as follows.. Freehold property Plant and machinery 2°/D Straight line 20°/o Straight line lrnpaim)&nt of fixed assets A review for Indicators of impairment 15 carried out ai each reporting dale. with the recoverable amount being estimated where such indicators exist Where the carrying value exGeeds Ihe recoverable amount, the asset Is impaired accordingly Prior impairmen15 are also reviewed lor possible reversal at each reportln9 date. For the purposes ol Impairment testing. when il 5$ not possible to eslimate the recoverable amount ol an individual asset. an estimate Is made of the recoverable amount ol the cash-generating unil to which the asset belongs. The cash-generating unit Is the smallest Identifiable group of assets that includes the a5sel and generates cash Inflows that largely independent ol the cash inflows from other assets or groups ol asse15 For Impaimenl lestsng ol goodwill the goodwll aGquired in a business combination Is. from the acquisition dale. allocated to each of the c3sh-9enerating units that are expected to benef1t frorn the synergies of the combination. Irrespective of whether other assets or liabilities of the charity are 3$51gned lo those units. Debtors and prepayrnents Trade and other debtors are recognised at the settlement amount due after any trade discounts. Prepayments are valued at the amount prepaid net of any d15COUnts. Creditors and provision5 Creditors and pr¢visions are recognised where the ¢harity has a present obligation sUltIng from a past event that will probably result in Ihe transfer ol lund5 to a third party and Ihe amoijnt to settle Ihe obligation Can be measured or e5tsmated ieliably Limited by guarantèa Larnbelh Accord 15 a charitable company limited by guarantee In the event of the char51y being wound up members, liability is limited to 0 25p. 10
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements l¢ontlnuedJ Year ended 31 March 2025 Charitable activitlg¥ Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Fund5 2024 Ren15 from charities Room btsokings Catering 262,277 53,694 1.343 262.277 53.694 1.343 260,443 49,788 1.253 260.443 49,788 1,253 317.314 317,314 311.484 311,484 Other trading activities Unrestricted Total Funds Unrestricted Total Funds Funds 2025 Funds 2024 Room bookings 7,459 7,459 8.047 8,047 Investment income Unrestricted Total Funds Unresiricted Total Funds Funds 202S Funds 2024 Bank Interest 10,108 10.108 6.189 6.189 Other income Unrestricted Total Funds Unrestricted Totsl Funds Funds 202S Funds 2024 Other Income 9,598 9.598 9.207 9,207 tlonations and Grants Restricted Total Fund5 Fund5 2025 Restricted Total Funds Fund5 2024 City Bridge Tru5t-Stepping Stones 12.913 12.913 12.913 12,913 11
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements fcontinL¢eLIJ Year ended 31 March 2025 Donations and Grant5 Unrestricted Totsl Funds Unrestricted Total Funds Funds 2025 Funds 2024 City Bridge Trust Donations 1.740 3.316 3.214 3,214 3.316 3.214 3,214 5.056 5,056 10. Total Resources Expendèd Basi5 of Raising Charitable Governance Allocation Funds Activittes 2025 Total 2024 Totsl Direct costs Staff Costs Audit & legal Training. subs & sundry Project- Caretaker flat Direct Direct Direct Direct 3.642 1 S3,080 17.160 2.939 127.786 2.000 158.722 17 160 2.939 127 786 156.525 5.527 3,346 Support Costs allocated Comms, stationery and travel Usage Floor area Floor area Trans Usage 2,104 2.104 3.191 Repairs and building costs 50,604 50,604 44.732 Utilities and Insurance Finance costs Depreciation Professional Fees 50,140 50.140 450 25 000 13.001 66 464 378 25,000 3.000 450 3.750 21,250 13.001 Total resources expended 7,392 438.064 2,450 447.906 308.163 12
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements (¢ontyrtue Year ended 31 March 2025 11. Exp8nditurè on charitablo activities by fund type Unrestricted Funds Restricted Tot31 Funds Funds 2025 Charitable ren15 and conference Incorne Support Costs 401245 2.450 44.210 445.455 2.450 403 695 44,210 447.905 Unrestricted Funds Restri¢led Total Funds Funds 2024 Charitable rents and conference income Support costs 274 785 2378 31.000 305 785 2.378 277 163 31,000 308. 163 12. Expenditure on charitabla activities by activity type Activities undertaken dire¢tly Support Total funds costs 2025 Total fund 2024 Charitable activity Governance costs 445.455 445 455 2,450 305.785 2.378 2.450 445,455 2.450 447.905 308.163 13. Net lexpenditureifincome Nel lexpenditurellincome Is stated after chargingllcredilingl 2025 2024 Depreciation of tangible fixed assets 25,000 25,000 14. A¢countsnts r8mun•ration 2025 2024 Fees payable for the Independent report of the financial statements 1,440 1.320 13
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements {COiitinued) Year ended 31 March 2025 15. Staff costs The total staff costs and employee benefits lor Ihe reporting period are analy5ed as follows 2025 2024 Wage5 and salaries Social security costs Pension cost5 140.072 12.241 6,409 137.537 12,270 6.718 158.722 156.525 The avecage head count of employees during the year was 7 12024 71 The average number of full-time equivalent emp1oyee5 during the year 15 analysed as follows. 2025 No. 2024 No Manager Centre staff Administration & support No employee received employee benefits of more than £60.000 during the year12024 Nil}. Key Management Personnel Key management personnel Include all persons that have aulhoflty and responsibility for planning. directing and controlling the activities ol the charity The lolal compensation paid lo key rnanagement personnel for seryices provided lo the charity wa5 £59.80412024 £58.9381. 16. Trustèè remuneration and èxponsès No trustees received any remuneration during the year12024 nil). No expenses were reimbursed to trustees during the year12024 nil). No trustee or other person related lo the charity had any personal nterest In any contract or transaGtitsn entered Into by Ibe charity during the year12024 nill 14
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements (¢oniinu•LY) Year ended 31 March 2025 17. Tangible fixed assets Freehold property Plant and machinery Total Cost At 1 Apr 2024 and 31 Mar 202S 1.249,999 417.213 1.667.212 D8preciation Al 1 April 2024 Charge for the year At 31 March 202S 225 000 25,000 417.213 642.213 25.000 250 000 417.213 867.213 Carrying amount At 31 March 2025 999.999 999.999 At 31 March 2024 999.999 999,999 18. Dèbtors 2025 2024 Trade debtors Prepayments 20.922 2,980 32,135 867 23,902 33,002 19. ¢dItOrS.. amounts falling Oue within one year 2025 2024 Trade creditors Other creditors 7,614 77,325 10,988 76,852 84,939 87,840 Included In other creditors is deferred income 01 £67.501 12024 £71.7911. All was released to income in the year to March 2026. 20 Analysis of charitable funds Unrestrict&d funds At Transfer 31 March 2025 At 1 April 2024 Income Expenditure General funds 365,289 347.693 1403.6961 309.286 15
Lambeth Accord Company Limited by Guarantee Notes to the Financial Statements Iconlinued) Year ended 31 March 2025 20. Analysis of charitable funds (continued) Restricted funds At 1 April 2024 At Transfer 31 March 2025 Income Expenditure Revaluation reserve Big Lottery Fund City Bridge Trust 1,024.999 2,019 4.278 125,0001 12,0191 999,999 12,913 1.031.296 12,913 144.2101 999,999 Revaluation reserve- Non depreciated balance of building not available lor revenue costs Lottery Fund Grant lo look at feasibility of accessible gym Crty Bridge Trust- Feasibility study on building 21. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tangible fixed assets Current assets Creditor5 le55 than l year Net ass•ts 999,999 999.999 999.999 999 999 22. Related Party Transactions No related party transactions took place during the year. 16