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Charity registration number 299843
NEIGHBOURS IN POPLAR
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
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NEIGHBOURS IN POPLAR
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees Secretary Charity number Senior Management Registered office Independent examiner Bankers Website |
Terrence Simco - Chair Lord Michael Cashman Cbe Leonard Sabastian Susan Blinman - Treasurer Alexander Campbell Jessica-Mary Darroux Dr Ali Hussain Michael Zacsinsky Remmie Williams - Vice Chair Mary Monica Frost Michaela Lewis Remmie Williams 299843 Mandy Molyneux – Chief Executive Officer 113 Poplar High Street London E14 0AE Samir Shah FCA, ATII Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA National Westminster Bank Plc 54 Marsh Wall London E14 6LJ Barclays Bank 260/262 Chingford Mount Road South Chingford London E4 8JN http://www.neighboursinpoplar.com/ |
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NEIGHBOURS IN POPLAR
CONTENTS
| Page | |
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| Trustees' report | 1 - 4 |
| Independent examiner's report | 5 |
| Statement of financial activities | 6 |
| Balance sheet | 7 |
| Notes to the financial statements | 8 - 19 |
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NEIGHBOURS IN POPLAR
TRUSTEES' REPORT
FOR THE YEAR ENDED 31 MARCH 2025
The trustees present their annual report and financial statements for the year ended 31 March 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note to the financial statements and comply with the charity's trust deed, the Charities Act 2011 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).
Objectives and activities
To provide care and welfare to persons in need through the provision of amenities and recreation and leisure activities in the interest of social welfare.
Neighbours in Poplar had its origins in a Poplar Parish meeting in October 1969 when a group of concerned people met to discuss the needs of the older in the area and the possibility of organising a Christmas Party as a starting point. This was such a success that the 70’s began to see the unfolding of a vibrant programme of volunteer visiting, shopping, and providing practical services for vulnerable, elderly people in poplar and the Isle of Dogs.
OUR VISION STATEMENT AIM:
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To provide practical support and care for all vulnerable people living at home, regardless of age, race, gender, culture, disability, sexual orientation or gender identity. Our support and care would be complimentary to that provided by statutory services also.
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We aim to provide disadvantaged children with breaks from their normal environment during the summer holidays. Our aim is also to involve members of our diverse community in working together to create an inclusive society.
Our area of concern is Poplar and the Isle of Dogs, keeping flexibility and need in mind.
OUR VISION: Neighbours in Poplar's vision is to enable vulnerable people, especially those living alone and often undocumented, to live fulfilling and meaningful lives. We aim to add quality, wellbeing, a sense of independence and meaning to the days of their lives helping to reduce isolation and loneliness where possible, by growing a sense of community within the areas we cover.
We do this by the development, encouragement and training of dedicated staff and volunteers who visit and provide support for frail people in their homes.
VALUES:
| · | Welcoming | · | Willing to go the extra mile |
|---|---|---|---|
| · | Respectful | · | Compassionate |
| · | Honest | · | Dedicated |
| · | Inclusive | · | Caring |
Our volunteers
Volunteers are essential to the work and services of Neighbours in Poplar. Among other services they provide:
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Driving and escorting on one of our mini Buses;
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Befriending either in person or by telephone;
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Offering office support or volunteering for the cooking and delivery of our post-COVID meal project.
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Collecting shopping and medication for isolating and shielding clients.
All are DBS checked and receive training to deliver their service! All follow best Health & Safety Practice
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NEIGHBOURS IN POPLAR
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Achievements and performance
Our main activities for the year ending March 2025 are outlined below. As Trustees, we are incredibly proud of what has been achieved this year—particularly the progress made by our staff in working towards the Gold “Investors in People” Quality Mark. Under the strong leadership of our manager, this goal has brought out the very best in our team, creating a motivated and dedicated workforce focused on delivering the highest possible level of service to as many people as we can reach.
We are delighted to confirm that we have now achieved the Investors in People Award, an accomplishment that reflects the hard work and commitment of everyone involved.
Linkage Plus:
Linkage Plus – This remains a vital source of support for people aged 50 and over. We continue to welcome new clients almost every day, showing just how essential this service has become within the community. A large part of our work involves offering practical help, especially guiding clients through the often-complex benefits system.
As a long-established and trusted service, we receive many referrals from professionals across a range of agencies, which reflects both our strong reputation and the positive impact we have locally.
Tackling Poverty Project
We were also delighted to have the highly successful Tackling Poverty contract renewed. The NIP team has received excellent feedback from the East End Community Foundation for the quality of its delivery.
Referrals for this project continue to come from all over Tower Hamlets, even though our official remit focuses on the E14 area, demonstrating the wider need and the value of our support.
Post COVID Project
Our post-Covid project also continues to thrive, supported by an extraordinary number of dedicated volunteers. On 16 March, the project celebrated a major milestone—its 50,000th hot meal served since the start of the first lockdown on 20 March 2020.
Christmas Meal Project
Christmas and New Year Dinners – This project is over 40 years old and brings together volunteers willing to spend time on the 25th December and 1st January taking dinners and festive cheer to isolated and lonely Tower Hamlets residents. This project is very intergenerational bring people of all ages and cultures together.
Summer Project
Thanks to the kindness of our donors, we were able to run two seaside trips for families again this year. Although some people were still cautious about Covid, we managed to fill 12 fifty-seater coaches with a wonderfully mixed group of families from many different backgrounds. Everyone really appreciated the chance to get out of the city for the day and enjoy some time by the sea. Now in its 53rd year, this project remains hugely valued and continues to be one of the true highlights of our work.
Charitable Activities and Community Impact
Neighbours in Poplar supports a wide range of people, including isolated older adults, individuals living with disabilities, and families experiencing hardship or poverty, many of whom have disabled children. We work in a culturally diverse community and remain committed to creating a warm, inclusive environment where everyone feels welcome and supported.
The Clinical Commissioning Group has highlighted high levels of poor physical and mental health in our area. Many of the health issues that are more common in Tower Hamlets—and which affect a large number of the people we support—include heart disease, stroke, cancer, diabetes, and smoking-related illnesses, particularly within the Bangladeshi community.
A significant number of residents over the age of 60 are described as being “generally not in good health,” and many continue to feel the lasting effects of the Pandemic.
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NEIGHBOURS IN POPLAR
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Neighbours in Poplar builds long-term relationships based on trust and understanding with the people who use our services. We have become skilled at identifying the needs and concerns of vulnerable residents and helping them work through these challenges. The Tackling Poverty project has played an important role in addressing many of these issues.
Public benefit statement
When setting our objectives for the year and planning our activities, the trustees took into account the Charity Commission’s guidance on public benefit, including Public Benefit: Running a Charity (PD2). The achievements and activities outlined above clearly demonstrate the public benefit delivered through the charity’s work.
Financial review
The financial results for the year are set out in the Statements of Financial Activities on page 6. The charity recorded an overall surplus of £18,845 (2024 – £67,400). The financial position at the year revealed by the Balance Sheet on page 7 shows net current assets or working capital of £264,073 (2024 – £285,553). The net book value of fixed assets held, all of which are used directly for charitable purposes, amounted to £47,399 (2024 – £7,074).
Reserves policy
The trustees consider it prudent to maintain an adequate level of unrestricted reserves to cover the charity’s contractual commitments and provide sufficient working capital and have set this at a minimum of three months expenditure. The current level of funding is adequate to support the continuation of the charity in the medium term.
As of 31st March 2025, financial statements showed reserves of £311,472 (2024 - £292,627) of which £56,211 (2024 - £159,367) were restricted funds and £178,577 (2024 - £56,576) were unrestricted funds. The unrestricted funds not designated or invested in tangible fixed assets held by the charity are £131,178(2024 - £55,356).
Principal funding sources
The charity aims to build a broad and sustainable funding base for its work. Neighbours in Poplar continues to secure support for its projects from a wide range of sources, including charitable trusts, private companies, individual donors, the London Borough of Tower Hamlets, and the charity’s own income-generating activities.
Investment powers and policy
The trustees have considered the most appropriate policy for investing surplus funds and have found that bank deposit accounts provide the appropriate combination of security, accessibility and income growth.
Structure, governance and management
Governing document
The organisation is an unincorporated association founded in 1969 and registered as a charity with the Charity Commission in 1988 (Charity no. 299843). The charity is established under a written constitution that established the objects and powers of the charity and is also governed under this constitution.
Recruitment and appointment of Trustees
The appointment of trustees is by a majority vote of the members of the Annual General Meeting.
Organisational Structure
The charity is governed by a Management Committee that meets bi-monthly. The Management Committee sets out and reviews the organisational strategy, direction, staffing and resources. The day-to-day running of the charity is carried out by employed staff led by a manager who has delegated authority to run operations and take financial decisions up to £2,000. All cheque payment has two signatories – two Management Committee members are signatories and the Manager.
The organisation employs 3 full-time and 6 part-time members of staff. In addition, we have over 60 active volunteers who are essential to the delivery of LinkAge Plus and other projects in which the organisation is involved. These are all managed by the Manager.
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NEIGHBOURS IN POPLAR
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
Trustee induction and training
The trustees maintain a good working knowledge of charity and best practice by regular reading of charity press articles and scrutiny of Charity Commission and other Government and voluntary organisation advisory websites. New trustees are given copies of constitution of the charity and copies of previous minutes and attend an induction session given by an experienced Trustee.
Risk Management
The trustees regularly review the major risks faced by the charity and are confident that keeping reserves at their current level—alongside an annual review of the controls within our key financial systems—provides adequate protection should any unexpected challenges arise. The trustees have also considered both operational and business risks and can confirm that appropriate systems are in place to reduce the likelihood and impact of significant issues.
Related parties
The charity continues to receive generous donations from its trustees, for which we are extremely grateful.
Statement of Trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that year.
In preparing these financial statements, the trustees are required to:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and estimates that are reasonable and prudent;
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state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
The Trustees' report was approved by the Board of Trustees and signed on behalf by:
Mary Monica Frost Trustee
10 December 2025
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NEIGHBOURS IN POPLAR
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEIGHBOURS IN POPLAR
I report to the trustees on my examination of the financial statements of Neighbours In Poplar (the charity) for the year ended 31 March 2025.
This report is made solely to the charity's trustees, as a body, in accordance with the Charities Act 2011. My work has been undertaken so that I might state to the charity's trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my Independent Examination, for this report, or for the opinions I have formed.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 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 2011 Act.
Independent examiner's statement
Since the charity’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 I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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1 accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or
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2 the financial statements do not accord with those records; or
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3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Samir Shah FCA, ATII
Ramon Lee Ltd Chartered Accountants 93 Tabernacle Street London EC2A 4BA
Dated: 10 December 2025
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STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025
| Unrestricted Designated Restricted funds funds funds 2025 2025 2025 Notes £ £ £ Income from: Donations and legacies 3 22,625 - 4,532 Charitable activities 4 159,248 - 132,215 Investments 5 1,410 - - Total income 183,283 - 136,747 Expenditure on: Raising funds 6 31,542 - 1,667 Charitable activities 7 60,250 - 207,726 Total expenditure 91,792 - 209,393 Net incoming/(outgoing) resources before transfers 91,491 - (72,646) Gross transfers between funds 30,510 - (30,510) Net movement in funds 122,001 - (103,156) Fund balances at 1 April 2024 56,576 76,684 159,367 Fund balances at 31 March 2025 178,577 76,684 56,211 |
Total 2025 £ 27,157 291,463 1,410 320,030 33,209 267,976 301,185 18,845 - 18,845 292,627 311,472 |
Total 2024 £ 39,795 298,072 1,585 |
|---|---|---|
| 339,452 | ||
| 34,497 237,555 |
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| 272,052 | ||
| 67,400 - |
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| 67,400 225,227 |
||
| 292,627 |
CONTINUING OPERATIONS
None of the charity’s activities were acquired or discontinued during the above two financial periods.
TOTAL RECOGNISED GAINS AND LOSSES
The charity has no recognised gains or losses other than the above movement in funds for the above two financial periods.
The notes on pages 8 to 19 form part of these financial statements.
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BALANCE SHEET
AS AT 31 MARCH 2025
| Notes Fixed assets Tangible assets 11 Current assets Debtors 12 Cash at bank and in hand Creditors: amounts falling due within one year 13 Net current assets Total assets less current liabilities Income funds Restricted funds 15 Unrestricted funds Designated funds 16 General unrestricted funds |
2025 £ 2,674 271,365 274,039 (9,966) 76,684 178,577 |
£ 47,399 264,073 311,472 56,211 255,261 311,472 |
2024 £ 57,533 236,057 293,590 (8,037) 76,684 56,576 |
£ 7,074 285,553 |
|---|---|---|---|---|
| 292,627 | ||||
| 159,367 133,260 |
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| 292,627 |
The notes on pages 8 to 19 form part of these financial statements.
The financial statements were approved by the Trustees on 10 December 2025 and were signed on its behalf by:
Remmie Williams Trustee
Mary Monica Frost Trustee
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NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
1.1 Accounting convention
The financial statements have been prepared in accordance with the charity's trust deed, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2 Going concern
The charity’s Financial Statements show a net surplus of £18,845 (2024 – £67,400) for the year and free reserves of £131,178 (2024 - £55,356). The trustees are of the view that these results have secured the immediate future of the charity for the next 12 to 18 months and on this basis the charity is a going concern.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
1.4 Income
All income is included in the SOFA when the charity is legally entitled to it, receipt is probable, and the amount can be measured with sufficient reliability.
Grant income
Grants are credited to the SOFA when the charity is entitled to the funds. Income is only deferred where there are time constraints imposed by the donor or if the funding is performance related.
Where entitlement to grants receivable is dependent upon fulfilment of conditions within the charity’s control, the income is recognised when there is sufficient evidence that conditions will be met.
Grants supporting the core activities of the charity and with no specific restrictions placed upon their use are included within donations and legacies. Grants that have specific restrictions placed upon their use are included within income from charitable activities.
Capital grants for the purchase of fixed assets are credited to restricted incoming resources on the earlier date of when they are received or receivable. Deprecation on the related fixed assets are charged against the restricted fund.
Donations and legacies
Donations are recognised in the period in which they are received. Legacy income is recognised when the charity’s entitlement is judged to be probable and where the amount can be reliably measured.
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
Investment income
Investment income is included when receivable.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Expenditure is classified under the following activity headings:
(a) Cost of raising funds includes staff time used to raise grants and donations and their associated support costs.
(b) Expenditure on charitable activities includes the costs directly associated running a community centre and other community programmes, to further the purposes of the charity and their associated support costs.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance and administration personnel, payroll and governance costs which support the Trust’s programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The basis on which support costs have been allocated are set out in note 8.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
The cost of minor additions or those costing less than £500 are not capitalised.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Equipment 25% straight line basis Minibuses 25% reducing balance basis
1.7 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.8 Financial instruments
The Trust only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
1.9 Taxation
The charity is a registered charity and, therefore, is not liable for Income Tax or Corporation Tax on income derived from its charitable activities, as it falls within the various exemptions available to registered charities.
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
1 Accounting policies
(Continued)
1.10 Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
1.11 Cash flow statement
The charity qualifies as a small charity and advantage has been taken of the exemption provided by SORP (FRS 102) not to prepare a cash flow statement.
1.12 Volunteers and donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time is not recognised and refers to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
1.13 Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.
1.14 Pension
The charity operates a defined contribution pension scheme on behalf of its employees. Contributions are charged to the Statement of Financial Activities in the period in which they are payable.
2 Critical accounting estimates and judgements
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
3 Donations and legacies
| Unrestricted Restricted funds funds £ £ Gift aid donations 2,468 - Gough Walk Surgery 1,234 - The Paget Trust 3,000 - London Borough of Tower Hamlets 700 - Other donations 11,929 4,532 Poplar Harca 500 - Charities Trust 794 - The Morgan Charitie Foundation 2,000 - Valero Energy - - Faithful Companions of Jesus - - The National Lottery Community Fund - - 22,625 4,532 For the year ended 31 March 2024 34,455 5,340 |
Total 2025 £ 2,468 1,234 3,000 700 16,461 500 794 2,000 - - - 27,157 |
Total 2024 £ - - - 300 25,519 500 1,536 5,000 1,600 3,000 2,340 |
|---|---|---|
| 39,795 | ||
| 39,795 |
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NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
4 Charitable activities
| Healthy living & linkage plus Family and children's activities £ £ Barry and Phawana Collins Foundation - 2,500 Canary Wharf Group - - Mercers' Trust 21,963 - Charles Hayward Foundation - - East End Community Foundation 47,500 - Edmund Frost - 5,429 JP McManus Charity Foundation - 5,988 London Borough of Tower Hamlets 25,000 - Riverside Foundation 10,000 - St John Southworth Caritas Fund - - Toynbee Hall 131,248 - Valero Energy 1,600 - London Marathon - - Tower Hill Trust - - The National Lottery Community Fund - - The Morgan Charitie Foundation - - St Mary and Joseph's - - Poplar Harca - - Other donations 12,765 6,220 Faithful Companions of Jesus 3,000 - The Alexandra Trust - 3,250 Trustee Wakefield and Tetley Trust - - The Paget Trust - - Keolis Amey Docklands Light Railway 6,000 - Transport for London 9,000 - 268,076 23,387 Analysis by fund Unrestricted funds 159,248 - Restricted funds 108,828 23,387 268,076 23,387 For the year ended 31 March 2024 Unrestricted funds 160,412 3,000 Restricted funds 112,411 22,249 272,823 25,249 |
Total 2025 £ 2,500 - 21,963 - 47,500 5,429 5,988 25,000 10,000 - 131,248 1,600 - - - - - - 18,985 3,000 3,250 - - 6,000 9,000 291,463 159,248 132,215 291,463 |
Total 2024 £ 4,500 4,750 21,963 5,000 26,416 409 2,994 35,417 10,000 1,200 124,995 700 5,700 2,500 14,890 2,000 1,000 5,000 18,340 2,000 3,000 2,298 3,000 - - |
|---|---|---|
| 298,072 | ||
| 163,412 134,660 |
||
| 298,072 | ||
| 163,412 134,660 |
||
| 298,072 |
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 5 Investments Unrestricted funds £ Bank Interest 1,410 1,410 For the year ended 31 March 2024 1,585 |
Total 2025 £ 1,410 1,410 |
Total 2024 £ 1,585 |
|---|---|---|
| 1,585 | ||
| 1,585 |
6 Raising funds
| Unrestricted Restricted funds funds £ £ Staff costs 17,282 - Other direct expenditure 6,967 - Minibus expenses - 1,667 Support costs 6,903 - Governance costs 390 - 31,542 1,667 |
Total 2025 £ 17,282 6,967 1,667 6,903 390 33,209 |
Total 2024 £ 16,757 8,935 1,272 7,115 418 |
|---|---|---|
| 34,497 |
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
7 Charitable activities
| Healthy living and linkage plus Family and children's activities £ £ Staff costs 107,638 - Minibus expenses 26,705 - Other direct expenditure 58,572 16,207 192,915 16,207 Share of support costs (see note 8) 51,387 4,317 Share of governance costs (see note 8) 2,906 244 247,208 20,768 Analysis by fund Unrestricted funds 55,689 4,561 Restricted funds 191,519 16,207 247,208 20,768 For the year ended 31 March 2024 Unrestricted funds 173,434 5,281 Restricted funds 40,224 18,616 213,658 23,897 |
Total 2025 £ 107,638 26,705 74,779 209,122 55,704 3,150 267,976 60,250 207,726 267,976 |
Total 2024 £ 112,650 6,509 66,518 |
|---|---|---|
| 185,677 | ||
| 48,996 2,882 |
||
| 237,555 | ||
| 178,715 58,840 |
||
| 237,555 | ||
| 178,715 58,840 |
||
| 237,555 |
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
8 Support costs
The charity initially identifies the costs of its support functions. It then identifies those costs which relate to the governance function. Governance costs and other support costs are apportioned separately between charity’s key activity undertaken in the year. All the general support and governance costs have been apportioned to the various charitable activities on the basis of direct costs allocated to each activity.
| 9 | Support Governance costs costs £ £ Office and administration staff 47,868 - Premises and equipment costs 1,018 - Communication and IT costs 5,720 - Legal and professional expense 6,911 - Miscellaneous expenses 1,090 - Independent Examiner's fees - 3,540 62,607 3,540 Analysed between Fundraising 6,903 390 Charitable activities 55,704 3,150 62,607 3,540 Net movement in funds Net movement in funds is stated after charging/(crediting) Depreciation on tangible fixed assets Independent Examiner's fees Independent Examination Other Services |
Total 2025 £ 47,868 1,018 5,720 6,911 1,090 3,540 66,147 7,293 58,854 66,147 2025 £ 16,362 2,300 1,240 3,540 |
Total 2024 £ 43,291 3,160 7,312 1,514 834 3,300 |
|---|---|---|---|
| 59,411 | |||
| 7,533 51,878 |
|||
| 59,411 | |||
| 2024 £ 5,111 2,100 1,200 |
|||
| 3,300 |
10 Employees
The average monthly number of staff employed by the charity (full time equivalent) during the year was as follows:
| follows: | ||
|---|---|---|
| 2025 | 2024 | |
| Number | Number | |
| Heathy living and Linkage Plus | 5.00 | 4.80 |
| Administration | 1.80 | 1.80 |
| Total | 6.80 | 6.60 |
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
| 10 Employees Employment costs Salaries Social security costs Pension |
(Continued) 2025 2024 £ £ 165,488 164,663 7,193 7,574 107 461 172,788 172,698 |
(Continued) 2025 2024 £ £ 165,488 164,663 7,193 7,574 107 461 172,788 172,698 |
|---|---|---|
| 172,698 |
No trustee or member of the Management Committee received any remuneration or reimbursed expenses during the year (2024 - £Nil).
The key management personnel of the charity comprise the manager. The total employee benefits of the key management personnel of the charity were £43,206 during the year (2024 - £41,893).
There were no employees whose annual remuneration was more than £60,000.
| 11 Tangible fixed assets Equipment Minibuses £ £ Cost At 1 April 2024 22,160 69,491 Additions 1,165 61,376 Disposals (6,761) (69,491) At 31 March 2025 16,564 61,376 Depreciation and impairment At 1 April 2024 20,940 63,637 Depreciation charged in the year 1,018 15,344 Eliminated in respect of disposals (6,761) (63,637) At 31 March 2025 15,197 15,344 Carrying amount At 31 March 2025 1,367 46,032 At 31 March 2024 1,220 5,854 |
Total £ 91,651 62,541 (76,252) |
|---|---|
| 77,940 | |
| 84,577 16,362 (70,398) |
|
| 30,541 | |
| 47,399 | |
| 7,074 |
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
| 12 Debtors Amounts falling due within one year: Trade debtors Other debtors Prepayments 13 Creditors: amounts falling due within one year Taxation and social security Accruals |
2025 £ - 1,249 1,425 2,674 2025 £ 6,426 3,540 9,966 |
2024 £ 22,916 31,467 3,150 |
|---|---|---|
| 57,533 | ||
| 2024 £ 4,737 3,300 |
||
| 8,037 |
14 Related party transactions
During the year the charity received donations totalling £5,429 (2024 – £3,500) from one Trustee. Details of transactions with trustees and senior management are in note 10.
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
15 Restricted funds
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
| Movement in funds Balance at 1 April 2023 Incoming resources Resources expended Balance at 1 April 2024 r £ £ £ £ Staff costs - 5,340 (5,340) - Healthy Living & Linkage plus 29,400 112,411 (32,933) 108,878 Family and children's activities 1,002 22,249 (18,616) 4,635 Capital Grants Fund - Minibus 47,805 - (1,951) 45,854 78,207 140,000 (58,840) 159,367 |
Movement in funds Incoming esources Resources expended £ £ 4,532 (4,532) 108,828 (163,745) 23,387 (25,772) - (15,344) 136,747 (209,393) |
Transfers Balance at 31 March 2025 £ £ - - - 53,961 - 2,250 (30,510) - (30,510) 56,211 |
Transfers Balance at 31 March 2025 £ £ - - - 53,961 - 2,250 (30,510) - (30,510) 56,211 |
|---|---|---|---|
| 56,211 |
Description, nature, and purpose of restricted funds:
Healthy Living & Linkage Plus: Linkage funding covers staff costs, Healthy Living funding supports the general running of the Healthy Living.
Family and children’s activities: This project provides important holiday and family based activities which run throughout the year. These include Christmas, summer and other key community projects, which enable Neighbours In Poplar to keep in touch with the local people of all ages cultures and faiths. This also include the homeless project.
Capital Grant Fund – Minibus: Capital grant received in 2023 for purchase of minibus amounting to £15,000 from The Clothworks Foundation, £20,000 from East End Community Foundation and £5,000 from Bernard Sunley. New minibus was purchased during the year ended 31 March 2025 and capital grant funds are transferred to unrestricted funds.
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Docusign Envelope ID: 1DBCD054-3D1D-49B4-B665-CB1EBD84D25FDocusign Envelope ID: 5D8AD9E8-5C92-458E-8767-1A15993FA6E3
NEIGHBOURS IN POPLAR
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
16 Designated funds
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
| Movement in funds | Movement in funds | Movement in | funds | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance at | Incoming | Resources | Balance at | Incoming | Resources | Balance at | |||||
| 1 April 2023 | resources | expended | 1 April 2024 | resources | expended | 31 March 2025 | |||||
| £ | £ | £ | £ | £ | £ | £ | |||||
| Staff costs | 76,684 | - | - | 76,684 | - | - | 76,684 | ||||
| 76,684 | - | - | 76,684 | - | - | 76,684 | |||||
| Staff costs:Funding towards staff costs. Balance | carried forward represents funds | raised towards a manager/ | fundraiser post. | ||||||||
| Analysis of net assets between funds | |||||||||||
| Unrestricted | Designated | Restricted | **Total ** | Unrestricted | Designated | Restricted | Total | ||||
| funds | funds | 2025 | funds | funds | funds | 2024 | |||||
| £ | £ | £ | £ | £ | £ | £ | £ | ||||
| Fund balances at 31 March 2025 are represented | |||||||||||
| by: | |||||||||||
| Tangible assets | 47,399 | - | - | 47,399 | 1,220 | - | 5,854 | 7,074 | |||
| Current assets/(liabilities) | 131,178 | 76,684 | 56,211 | 264,073 | 55,356 | 76,684 | 153,513 | 285,553 | |||
| 178,577 | 76,684 | 56,211 | 311,472 | 56,576 | 76,684 | 159,367 | 292,627 |
17 Analysis of net assets between funds
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