RRGISTERED cOmPNy IYUMBER: 01988411 (Engl*od W#le5) RECERED CHARTTY NUMBER: 299948 PADDINGTOli LAW CEwfRE LIMITED FOR THE YEAR EI¥DED 31 MARCH 2024 BeingerS LLP alkl Slatutory Auditors Lygoo House 50 ld0 Road Bromlcy K¢ni BRI 3RA
PADDINGfoN LAW CENTRE LIMITED for th¢yt4reMded 31.Mreb 2•24 Pgg¢ RefeTÈAee and admiDi5trative d¢ts&s Report oftht trpsttts 2 to 5 Report tsftht indepMdeDt auditors 6 to 8 Ststement of fmancial ctiVbtxs BliRte skeet 10 Notu to the ftltt#neil Statements 11 to 17
PADDINGTOI% LAW CEIYTRE UMrrED REFERENCE AND ADMINLSTIL4TIVE DETAUS ror th y¢•rthded 31 Matth 2024 TRUSTEES HFitrgeraid P Purto RBu5h L H1¢ W {r¢s1ed 22.1221)23) J S C Joll (apInted 29.2.2024) A Mouzakitou {app)ind 29.22024) M C Smittlhi0nViell (appoited 29.22024) K P Buck (apwJint¢d 13.11.2024) COMPAI¥Y SECRETARY REGISTERED OFFICE 421 Harrow Rip&l London WIO 4RE REGISTERED COMPANY NUMBER 01988411 (Fglld aDd WaJes} 299948 NUMBKR AUDITORS alld Stabjlory Audttots Lygon H 50 London Road Bromley BRI 3RA Page I
PADDINGTON LAW CENTRE LLMfTED REPORT OF THE TRusfELS r•r the year ended 31 Marth 2024 The trustees wbo are also directors of the charity for the pwws¢s of the Compani¢s Act 2006, pT¢s¢nt th¢ir r¢port with th¢ financial statemeats of the charity for the y¢dr ended 31 Martll 2024. The trustees have adopted the provtsi¢)ns of AccouDtin8 aDd Reportin8 by Charities: Ststement of Re£ommended Practice applicable to chariti¢s preparing their accounts in accordance with the Financial Rerti StsDdard app]icabk in the UK and Republic of treland (FRS 102> (effective l January 2019). 0CTIvEs AND AcrivrriFS Objectives and aims Th¢ obje¢tiv¢s of th¢ law Centr¢ to provide frce legal advice and assistance to ]xxyr rson5 re5idetrt or working in the Grealer London ar¢4 and in p8rtILx8T in the ar¢a of North Paddington, whi¢h in¢ludes the London postal distri¢ts of W2, W9 athd those ateas of WIO that fall With] Westtninster City Council. The Law Centre employs solicitOTK C45cwokn and administrative staff to provide legal SIstsce in the areas of housiD& ernploymeDt and w¢]far¢ righ Signifftgot a¢tivitles Tkne Law Centre PTovides free specialist legal advice. prxtical ¢&$ew0 znd Tribunal representation to poor and vulnerabk people in the area8 of Housin& W¢ifwe Benefits and EmpltsymeDt Law. helping ttwgiDalised people intt¢ag¢ th¢ir income. 081 alOr r¢thin stsblc. suitable housing (including finding homes for those stre¢t homeless), at¥] reain in profitable ¢mployro¢ni free from dts¢riminaw tr¢atrienL Publit btnefit The Trustees coDsi&r that th¢ ¢)bje¢tives and a¢tiviti¢s ststed aknve of the Law Centre PTovid&8 publi¢ b¢nefit within the m¢aniDg and tern of the Cbarity Act 2011. VoluDteer5 Th¢ Law Centre gUlarlY uses voluDteers, for both ¢a$¢Wo and admiD t&<ks. to etthce and maximis¢ its servi¢e delivery. wbile at th¢ same tim¢ giving those volunteeT5 improved skills and expeTi¢nce to assist ihem in the job market. Th¢ Centre has OV¢T time worked in pamJ¢rship with various ¢kwithble organi4*ion5. including Pro Bot Commwiity and One Westsnitlster, to sourG¢ suitable voluMeeTS and also a¢c¢pts dire¢t appli¢atiolls from individuals seeking volunteerpositions. Pag¢ 2
PADDINGTOTr4 LAW CEJ4TRE LIRITED REPORT OFTHE TRUSTEES for the year ded 31 Mareb 2024 ACHIEVEMENT AND PERFORMANCE Charitabl¢ artivities The Centre is oppn to new clients to drop in p¢rsorrdlly fiye days a Iweek. aients may also conts¢t the Centre by t¢l¢phorte or by ¢11. The C¢Jrtre'5 first cotrtact Stsff v4¢1¢ome new clients, dI4$e their problems, and will ¢ither arrange an appointment for them with the C¢ntr¢'5 speria]ist solic1torslca5ewoers or refer or si8llPtsSt thettl to other adYic¢ and supp)rt agen¢ie5. where these or8anisations are be• placed to hdp them with their problem. The Centre's soliGitOTs1caseworke will make home visits or arrange ¢]ient appoillknents at partsier agencies. wbere. due to disability or other probl¢ms, ¢liellts are unable to travel to the Centre'soffice. Dwing 2023ll4 th¢ Law CethknE: . SeCed two, new, on¢•year grants, from the Eyre E5tstc Trust (sup[1[[E 4yJr holg wo) alld Strand Parishes Trnst l¢ort fidIng). - Renewed for a furtber thirteen months from F¢bnw 2024. agrant ftom Wcsttllin5ter CounciL fimding work to tacki¢ cost-of-living r¢lat¢d probkms for impoyuished Ial p¢ople' - S¢cur¢d two. n¢w, thr¢e•year grants to commence )51 yw-¢nd oll¢ fr(m Westminstu Council (supporting our elfa]E rights casework and i4U$¢ fimdraisitig ¢ffi)rts) and one from AB Thatitable Trost (cote ffiJnding)' - Continued to de]iver results for ot)going multi-year projects fjJllded by Tr%1 for tATrDdon (providing employment law advice, casework and represe[Kl0) for low wa8ed wOtt$) aJMI Thr Henry Smith Charity {fiJndin¥ housing at welfa]t benefits ¢wOrk pmvide improved housing 5ccurityl1rKrccd income, for vulnerable families a individU5)- - Suc£tssthlly passed its IrieDDial qualty audiL leading to the Tenewal to September 2026 of tt$ accredi70 the Standard Quality Mari the rQgNiSed mark of excellen¢¢ ID tb¢ free kgal Jvice se¢tor. - Successfully t¢nd¢r¢d for a llew Le1 Aid contract to cover 202412025; - Bo]stered its caplty to assist ¢li¢nts with bettefits mall¢r& by re¢rnitsttg & secotml. bish]y experienc¢d wo into the Welfare Ri¥hts Unil - Recruited thrtt new truste, all resident lo¢aMy. briDgiD8 new skills and ¢xperieD¢e ollto the Board. . Reached its fiftieth at)niv¢rsary of pn)vidiDg a free k881 advice 2nd repres¢llOn 5¢rvii% on the Harn)w Road, North PaddingtoTh. During tbe year it organised a ¢onJmuDity ¢vent kn eLlebratr this milestone and pmnKtt the Ccntre. which took platt Shortly atterthe End of the fuwLciai year. FdraIsing a¢tivities Thr Law Centre h&%, for many Yea r¢lied principally on C[Itable graDts and thations and Ims att active fundraising program¢, under which it ts ntinUallY applying for llcw fuDdiD8 frorn these sowe¢s. In additio the Centre is 8rateful to Westminsttr C(ymcii for maintsinillg the substsntial gr8Mt sUp)rt it c01tllenCed in 202Y23' the Council bas rertewcd one of those grants an(L ID addition. provided a new, three-yw grant to cotDmence from April 2024. The fundrnising plan is revlewed #nd upthted re8ulaAy by stsff and the Pl a1 a reixmt on fvTrdraising progress are PT¢sented to each MaDa8eJnent Committee meetiLg. The taw Cejth use5 the suPrt offondtai5iDg advisers suppli¢d free of ¢harg¢ to it by the Eaw Centres Ndwork 2nd these fvisets ketp the Centre appraised of new fundraising OprtUnItieS a8 th¢y arise. FINANCIAL REVIEW Fill#ncial position The C¢ntre's gross incorne was sli8hfly lower this year at £200.098 agaiDst f207,822, while expeJJdiuJre increased to £236,180 from £194,738. This Tesulted in net outgoing T¢SoU¢s of £36,081 Atthe year-end restri¢ted funds amounted to £nil (2tr23 . £nil) whi]* UDrt5trirted Ojnds which were £73362 Jreased to £J7280. Pag¢ 3
PADDINGTON LAW CENTRE LIMtrED REPORT OF THE IRusfEES Cor the yur ¢nd¢d 31 M•r¢b 2924 Reserves policy It i8 the policy of the Law Centr¢ UllTestrA¢ted which have not be designated for a Specif use should be maintained at a level equivalent tsj b¢tw¢¢n thr¢¢ six months, eXpendIti¢. The trustees ronskder that reserves at this l¢vel will ensure that in the event of a sigllifica drop fundi they will be able to continue the Law C¢ntre's ¢urrent activities while coD$ideTation is 8iv¢n to ways in whi¢h llionaI funds llMybe raised. FufuRE PLANS For the futur¢ the Law Centre is comnlltted to nMiDtaiDing its ctsnent level of se1¢¢ in the three aTe&% of Social welfare law in which it currently advis¢s an4 &8 artd when funding permits. incre&sing its complement of casewotk¢rs ¢0 r¢a¢h even more be]¢firiarie5 and meet the ever increasing demand for assistsnce the Centre eAI)erience5. The Centre is commsttcd to retaining its be on the Harrow RoarL an area of high income deprivation with an a¢ute housing ¢risis. attd to this ¢nd has provisional]y agreed with its landlord to renew its lease for a of five years at the current STRurfuR& GOVERNANCE D MANAGEMEhT Governing 11k¢ charity is controll¢d by its governing th¢umenL a deed of trusL and Lx)nSlilIts a limited company. Itmited by guzrante¢, as d¢fJnEd by the Companies Art 21)116. Rtcruitment and appointment of new tnttes As required by the Memtsrandum aDd Articles of Associatio the member5 Otthe MaDagemeDt Qjmmittee are el¢¢t¢d to serve from their appointment or co•ion uttiil the ADnual Genera] Meeting. ThE Management Committ¢¢ retire from office a Totstional b&sis (oDe third (orthe tteatest tsumber to IKJe third) ¢¥h ye3r atthe Annuai General Meeti]Jg. b&%ed on I¢Dgth of servi¢¢), bu¢ Stand for re-eleetion. Orgnisational strneture The Cenlre operates as a non-hierdrchicai collective. StslT und¢¢ the day to &y nu)nillg of the ¢entre, makiAg deci5i0llS in monthly meetings and decisions reached are recordd in writt¢n minute5. The staff of the C¢ntr¢ ar¢ ¢mploy¢d by the ¢4mpany limited by guarantee, Paddingtoll Law Certtre Litnitcd, of whom the dire¢tots art a150 tb¢ tntstees of ihe Charity. Th¢ dir¢¢torsltrusttes Thake up a ManagemeDt Committee who Tncd every two months to oversee the CEutr¢'s fanceS and make tb¢ 5trakgi¢ and key fJnan¢iaJ d¢ci5ions. wbich rIded in writtert minutes. Overall legal superYisii)n of th¢ Centre for the PUTPOSts of the Law So¢i¢ty and Solicitors Regu10 Authority is th¢ reskK)nsibility of the SupeThisiDg Solicitw. The m¢mbers of the company undertakn to tribu an amount not exceeding £1 eath in the event of the winding up of the ¢ompany, whi]st a ]nethr, orwithin on¢year of ¢¢ssion of membership. IRduction and tr4illitiz of Dew Irustee5 The Method of ¢l¢¢tion enswes lh* most Trnsttts already bave kThkdge of the needs of the community. and other Iiaining i5 Put in place for n¢w Manag¢m¢nr Committee eMberS during Ihe first frw moDtbs from their election according as theiT lleeds become known. At ¢h Manag¢m¢nt ComTuittee Medi there are rew to ensur¢ trustees are up to date with adiYitie5 and changes in legislation or funding T¢quiremen Trust¢¢s ar¢ also offtred fvTtheT of informatw either through one to one h¢lp ftom other rnernbers of ihc COttlItte¢ or through the publi¢atioJJs and links to the websites of organisations such th¢ Charity Commiss5tsn, the Law Celltrrs Ne0 and th¢ Legal Aid Agency. STATEMEiYf OF TRLSTEES, RESPONSIBILITIES The trust¢es (who ar¢ also the director5 of Paddington Law Centr¢ Limited the purEM)ses of company law) are re$])51b1¢ for preparin8 th¢ R¢port of th¢ )Iwsie¢s and the fillaDGi ststements ill acwrdantt with applicable law and United Kingdom Ac£i)unlin8 Standard5 (United Kingth)m Genera]ty Accepted AccouDling Pr8Ai¢e).
PADDINGTON IAW CENTRE LIISTTED REPORT OF THK TRusfEES for th¢ yuréndÈd 31 M4r¢h 2•24 STATEMENT OF TRUSTEES. RESPOfSJBILrriES- eontinu CompzDy law requires the Irustees to prepare financial staternents for each finaDctal ytar which give a true and fair view of the ststs of affairs of the ¢haritable (ompany and of the incoming resources 2nd 4ylication of resources, iD¢ludfft8 th¢ income and cxpenditure. of th¢ ¢lwitabk ¢ompsoy for that ID prepating tlw)se fthallciai stslements, the trusttts are requittd sel¢c¢ suitsbl¢ a¢wurtting policics and then apply tbem con5irfentlT. observe the metknds and principles in th¢ Charity SORP, make jud8ements and estimates that rra50Dablr aDd prudent pr¢par¢ ihe financial statements OD the 80ing concern b&8is un]ess it is iDapproprktr kn presume that the tharitable coJ]Jpany will eontinue in business. The trustees are r¢spoJ)sibl¢ for keeping proper accounting T¢L¥)rds whith di10% with re&%onable a¢¢uracy at any time the finan¢ial position of tht rlwitsble company and to enable them to enwre that tbe financial statemeThLS compty with the Companies Act 2006. They are also respy]sibl¢ for Saf¢gLng the assets of th¢ charitsble company and hen¢¢ for tsking rea50nabl¢ steps for the prevention and thtethion of fraud and other iEtegularitics. In $0 for as the tNst¢es are aware.. th¢r¢ is no relevattt #udii inf0rnÈioll of whi¢h the ¢lwit8bl¢ mpan9 auditors are and the trustees have taken ail sieps that they ought to hav¢ taken to make theDy¢lY¢s aww¢ of relevallt audit infNmation aDd to estab]isb that the alldi¢or5 awar¢of that iDf0rll. AUDITORS Th¢ auditt>rs. Br1[ag5 ilTr. wÈll be prop)sed forrwpinknentatthe forttKomin8 ADnual General Meeti 12.//.212.c)2ty..... and Approved by order of the Fx>ard of trustees on...... . signed on its L%ha]f by: PPU Page 5
REPORT OF ThE INDEPEliDENT ADOR5 TO THE MEMBERS OF PADDINGTOY LAW CENfRE LLM. rfED W¢ have audited the financial Statn¢ts of Paddington Law Centre Limited (the '¢haritabl¢ company) for th¢ year ended 3141arch 2024 whi¢h ¢omwis¢ th¢ Stateent of fInal &tiviti¢s, the Balance sheet 8nd >t¢S to the fmancial statem¢nts, including a suttUDary of Significant ac¢ow)ting trt)licie5. The financial reporting fram¢work that has been applie41 in their preparation 1$ applicable law and United Kingdorn Aecoutiting Standards (Unit¢d KiDgdo]D Genernlly A¢Gepied A¢¢oun¢ing Practice). In OUT tspinion th¢ finan¢ial stst¢m¢nts: give a true and fair view of the state of the ¢haritsble compangs affair5 as at 31 March 2024 atsd of its incoming resources 8nd application of resources. includg its income and expeditrty for the year then end. have been properly prepared ir¥ a¢¢ordaA¢e with United Kingdorn Generdlty A¢¢¢ed A¢counting Practice. amd - have been prewdred in accordance with the requir¢meDts of th¢ CThwies A2. B1$ for opillion We ¢oDducted our audit in acrordance with Intenm stadard8 on Audttsn8 IIJK) OSAS (L)} and appli¢able law. OUT pOnsibl11t)eS und¢r those standards are d£1b¢d in the Audirors. responsibilities for the audit of the fanCial statemcnts swtM)n of our rer. We are indepe]Mlent of th¢ ¢bariÉable company accordance with the ¢thi¢al requirements that are relevant to owr audit orth¢ fmanciai ststements in the UK including the FRC'S Ethical Standard. athl we hav¢ fvlfjlled our other ethical responsibilities in (rdIn¢t with thes¢ f¢quiT¢ments. We b¢li¢ve that the audit evidence we have obtained 15 sufficient and appmpria to provmle & basis for ouropinioJL Con¢lusioDs relating lo going conetrn In auditiug the fihan¢iaJ siemellts, we have wicluded thatthe tnLrfces' ¢ of the going concern basis of 8¢counting in the prcparation of the financial statelnents i5 appn)priate. B¢d on th¢ work w¢ hav¢ perfortne4 we have Dot idartifityj amy matenai uN¢enli¢S relatin8 to eVts or ¢ondith)ns tha¢ illdividually or collectively, may c&8t Significant doubt OD the cbaritable compoDy's Y4bility to rontinue as a going rollccrn for a PEriod of at l¢asttwelYc OnthS when the fiati StateMts are autknrised for issue. Our respon$lL )i1s1ies tbe r¢s1b111IlaS of the llwiees with respect to going Concern are desttibed in the relevant sertions of this reporL OtheYinforJnAtio The trusts¢s ar¢ r¢snSible for the other information. The oth¢r infortDation wmpTis¢s th¢ iThforTDation ill¢luded in the Annval rewTh otheT thaD tb¢ financial statements and our Reportof the ideDi audirijrs thereon. Our opinion on the financial statements does not cover the other informa alld. except to the extent otheTwi$e Cxplicitly sts1 in our rel. we th) not exwess any forln of assur¢¢ coll¢lusionthereo En w)me¢tion with our audit of the fiDatLcial statejnents. our reswDsibility 15 kn read the other ]nfOrnlI0 and, in doing 50, consider whethw the other infonuatv)n i5 materially in¢onsistent with the financial slaianents or our knowledg¢ obtsined in th¢ audit or othetwise appears to b¢ mat¢ri8lly rnisstated. If we identify su¢h M¢r1 InnsIste¢1cS or apparent material rnisstatemellts. we aTe rwuired to d&ermiDe whdher thi5 gives rise to a material misstatement fft the fi]]ancial statanrnts th¢m5Elv¢s. If, basa on th¢ work w¢ have perfornirf w¢ wn¢lude that th¢r¢ is a maJ¢rial misstaternentofthis other iDfonnation. we arc requir ts) rewtthat fa¢L W¢ nothing to report in this regard. opinio on otber matttn prestribed by the CoMpAaies Art 21J•6 In ouropinion, based on th¢ work ulld¢rt¢n in the course of the audlt: the infonnatiorl given in tbe Report of the trustee5 for the fiTwi¢iai year foT which the financial statents are prepared 15 con51St¢nt with th¢ fithan¢ial ststrm¢nts: aThl - the Report of the tsustees has b¢¢n prepar in accord with applieable1¢80] requiT¢m¢nt& Page 6
REPORT OF THE IfDEPENDKKf ALDITORS TO THE MEMBERS OF PADDINGTON LAW CENTRE LIED Matters OD whieb we are required to Teport by exegption En the lighi of th¢ knowledge and und¢rstsnding of the ¢haritsbl¢ ¢on]pany and its envirDntllent obtsiDed in the ¢ourn¢ of the audit. we have not identified Materi mi5StakneDts in the Rryrt of the We have nothing to rert iti ttspect of the following matters where the Companies Act 2006 require5 US to re)rt to you if, in our opitjion: adequate accounting record5 have Mt been kept or rets] adequate for gudit have Èy)t be¢D received from branches 0t visited by us. or the fuwicial sfaterneDts are Dot in weement with the accouDkns records rdurn4' ( ertain dis¢losures of trumees, mun¢ralion spe¢ifi¢d by law are mJe" or we not receivcd all the inforntIon and explan10S we require for our audi¢ tsr the trustees were not entitled to tske advanthge of the small Mmpati5es exemplion frorn the rtqUiTement to PTeparc a Strategic T¢POrtor in prepry the Retmjrt of the 1rust5. R¢sp)nslbillties of trwsle As explained more fuuy in the Statement of trustees, [M)nSIbIlities, the t[theS {who also the dir¢¢t0fft5 of th¢ charitable company for th¢ purp)ses of r4)rnpany law) are respoD5ible for thr preparation of the flnancial statements and forbeing 5ati5fitd that they give a truc and fair vicw, and for such interna] control as the trustees ddemitte is ne¢¢ssery to ¢nable the preparation of fitttl stements that aye free frotD material misstatemettL whdher due to fraud or error. Jll preparing th¢ financial sIatellnts. the trustees are resEble for assts5iDg the charffitable CoMpY'S ability to niinue as a going concry di10$]ng, &8 appIlble, matters Y¢led going wn¢¢rn and using the going concern basis of 3¢¢0unting unless the trnstees either intend to liquidate the charitable company or to cease operations, or have norealistie a]ternati Imrt to do so. Our rtSPOn5ibilitiu for tbe udit of tbe ¢111 statsmeBts Our obj¢¢tiv¢s ar¢ to obtsin rea50llable asSllr Wheth the statements ¥ a whole are free from material misstatement. WhetIr due to fraud or error. and to i55ue a Rewrt of the ÉtLdq>endent auditors in¢ludes our oplliion. Reasonable assurance is a higb level of &ssuranc¢, bui is Njt a guar2llt¢e that all audit ¢onducted in accordan¢e with ISAS (UK) will a]way$ d¢t¢¢t a morerial lliissiat¢mEnt when it exists. Misstaternents can 1$¢ from fraud or error and are ¢tsnsidcred mat¢rial rf, it1viduallY or in the 8ggreg2te, th¢y ¢ould nablY b¢ expected to iDfluence the eonomi¢ d¢¢isions of users tsken on the basis of thes¢ financial statements. Th¢ cxtEllt to which ourprocedures are capable of d*ding inEgularitie4 ill¢luding fraud is dets11 below.. identifying and asstS5ing Tisk& of uwterial misstst¢m¢nT in of iwiarities, in¢lvding fraud and erwor. we Considered th¢ followillg: - the nature ofthe ind. control ellvlronllI1 and bUsUsS rth - results of our ¢nquiries io manogem¢nt ab¢)ui their OWD asseneI of tbe tisks of fraud and trn)r, - the sllattcrs discussed amoD8 the audit engagem¢Dt teanj rewding I¥ olld where fraud may occur in the financial statements athd any potential itidiratOTS of fraud. (Jjr procedures to Tespond risk include thc followin8". - reviewing the financia] statemeni disclosures and testing to supwting d{KUDtIOn. - perforn)illg anatytieal pro¢edur¢s to identify any unusual or unexye¢ted ar that tllay Indits tisks of material mi5Stalement to fraud or error, - addr¢ssing th¢ risk of hud and error thTough 0ide of cntrol5, l¢stiDg the appropriateness of journals. w¢ssing Wh¢th th¢ judgements made in t?lg &couttting tslirnate5 are indicative of a potential bias; and Evaluating the bu5ine&s rattODaie of any si8nifi¢aN trans that ax¢ uttusual or outside the nonnal course of bu$ines5. A fiwther description of our Tesp)nsibilities fow th¢ a11 of th¢ financial slateM is located on the Fitwicial Reporting Council'$ website at www.fr¢.org.uklauditorsre5P0Th5ibiliti¢5. This des¢ription fonns part of our R¢port of th¢ Indep¢nd¢nt Auditm.
REPORT OF THE INDEPENDENT AiJDrroiLS TO THE M&MBERS OF PADDINGTON IAW CEhTRE LIMrrED our report This rert is nwJ¢ solety to the charitable CpanY'S umllbers. as a ik)dy. in wTrrdan¢¢ with Charter 3 of Part 16 of the cOpanIeS A¢¢ 26. Ow audit work has bew tertak¢ll so we rtiEht stste to the charitabl¢ companys meMrS those matters we are uIreI kn State to thern in an audith. reprrt alld for no oth¢r To thE fulltst exte permitted by law. w¢ do Dot a¢¢¢pt or assum¢ re$wl1)i]Ity to tstIr thaD the charttsble eoDipany and the ctwitabk ¢OD)pany's members as a iy, f0r0uraitWOrt fv this T¢POTL w forth¢ opinions we have forn*d. Ri¢ky HutsoD Bsc FCCA ACA {Senior Stststory Auditor) for and ott behalf of Belling¢rs LLP znd Statutory Auditot5 Lygom House 50 London Road Bromley BRI 3RA Page 8
PADDfNGfoli LAW CEThIK LIMrrED srATEMEh7 OF FINANCIAL Aci7vmES for the yeareDded 31 March 21124 2024 Totsl funds 2023 Tothl fund$ Unrestricted Restricted tP4COME AND EPIDOWMENTS FROM Donations and l¢ga¢i&8 17J45 17?45 13.813 ChgrithlAe gctivitie Legal repsentation 27 155ffi93 181753 194.009 Total 155.693 2110,098 207.822 EXPENDITURE ON Charitable actiwities Legal r¢ptlatIOn 29953 155h93 185,646 149,309 lither 50J34 45,429 Totsl ISS693 236,180 194,738 NET INCOMEI(EXPENDmJRE) 14&$2) (36,082) 13,084 RECONCILIATION OF FUliDS Total thnds brought IDrward 73J62 73J62 60.278 TOTAL FUNDS CARRIED FORWARD 37380 37J811 73,362
PADDINGTON LAW CENTRE LIMffED BALANCE SHEET 31 M#rth 2•24 2024 T4Jtsl ds 2023 Total ds fiwd Not¢s FIXED ASSETS T8Th8ibtc &ssct5 615 CURRENf ASSE13 in progrtss D¢btors Cash at bank and in hand io li 33382 15.726 3,Jl¥ 33282 15.726 23J51 25.891 44.732 40.768 2•J33 126 2•33 72959 111.391 CREDITORS AmourLls falling due within one y 12 {14W) (379) {38.644) NET CLUUiENT A&8ETS 37280 373811 72.747 TOTAL ASSETS I$ CURRENr LIABILITIES 3728• 3728• 73.362 NFT ETs 37J8• 3728• 73,362 FUNDS UMrestrictcd fund8 14 372811 73J62 TOTAL FUNDS 37280 73,362 These fthan¢iaJ statements have l%eD tryared in ac¢oTdJnce with the pmtsiolls applicable to ¢hwitsbk companies subject to the small ¢ompani¢s 1¢. The fmatt¢ial slatements were approved by the Board of Trle¢S alld auÈlM)rised for issue on i.1/i.%lA.Ls&.. ..... and were signed oll its bebalf by.. . Trustee The notes form part of these financial statements Pag¢ 10
PADDINGTON LAW CENTRE LIMITED NiyrES TO THE ThANCIAL STATEME for thtyur elldtd 31 March 2•24 ACCOiJIYTING POLICIES Basis of prerIng the fm•D¢i•I statlts The fjnanciaj stateJn¢nts of the charitable company. whi¢h is a publi¢ b¢nefit entity under FRS 102. have been prePad in accordance with the Chatities SORP IFRS 102)'AccouDting and Reporting by ChaTiti¢s'. Stst¢nJ¢nt of R¢¢ommended PJxli¢e applicable to charitie5 preparing their accounts trt x¢ordan¢e with the Financial Reporting Stsndard applicable in the [j and Republi¢ of treland (FRS 1021 Icffective l January 2019),, Fin8n¢ial Reporting Standard 10? Yhe FiDanciaJ Reporti Slandard applicable tn tbe UK and Republic of Ireland. and the CompJni¢s A¢t 2006. The financial statements have been pr¢partyl under the bistorical Cost ¢onvcntis) Going concern The trustees bave reviewed thc fi]Tranci21 position of the cknity with referenc¢ to fmall¢ial proje¢tions and expect the charity Can o)ntitiue to opetate for a PEriod in excess of twefv¢ month5 following the approval of the financial statellThts. therefore, th¢ In1¢¢$ ¢onsAder it aPPTopriate for the a¢¢owJts to be prepared on a going concern b&5iS. Income All Incon ts recogDi5ed kn the StstenKnt of Financial Activities on¢e the ¢harity bas entitlement tt) the futKb, tt is probable thai the income will received and the amoutsl (an be I[aSU reliably. ExpeDditure Liabditieg are recognised as eXdItse as soon as there is a legal or COtruCtIve obligation committing th ¢harity to that expeDdItle. it 15 Probable tha¢ a tran5f¢r of economic kn¢fits wAll be required in scttlement and th¢ amount of the obligalioll can be me&sured r¢li8bly. Expthditure 15 accounted for on an a¢cnuis basis and has been cla&8ified under headitigs that aggregate all LX)St r¢lat¢d ¢0 th¢ ¢atrgory. Where costs cannot b¢ dir¢ctly attributed to parti¢ular headiD85 they have been allo¢ad to activities on a basis ¢onsistent with the of Tangible fixed assets D¢prtGiion is provided at the following annual ratrs ill ord¢r to write off each a45Ct over its estimated use1 life. Comput¢requApm¢nt 25Y• on cosi Work in progr Work in progress is recognis¢d at the poitit when the out¢orne of tt nderIng of s¢rvic¢s be estimat¢d reliably. Work in progress ¢4)mpri5es of legal S1¢¢$ provided by rcfctence to the stage of comp]&ioll at the end of the reporting p¢rii)d. Taxg¢H)n The charity is exttnpt from Cor10X0ll its clwitsbk &tivitie5. Futtd aeeountiDg Unr¢stri¢ted fjjnds ¢an be used in aC&yd with th¢ clwitabie obj¢¢tives atthc discretion of the trustees. R¢strided fullds can onty be used ftr particulaT rcstrict&l purposes within the objects of the charity. R¢stri¢tions arise WIKD spccified by the donor orwben fulld5 ate raised for particular r¢StrI£d purposes. Further eXplanlon of the natur¢ and purwse of cach fjjnd is iwluded iti the notes to the financial stthments. Pension tosts and otber post-retirtrn¢nt benefits The charitable company op¢rat¢5 a defined contribution pe70 sch¢m¢. ContilltiO payable to th¢ ¢baritable ¢ornpany's peTh8iott schem¢ art charged to th¢ Statement of FUclaI A¢tivities in the period to which they relate. Page 11 nttnu¢d...
PADDINGTON LAW c£NfRE LIMrrED NOTES TO THE FINANCIAL ATEMENTs- coDIKDued ffjr the y¢•r ¢Dd¢d 31 M*r¢b 21124 INCOME FROM CHARrrABLK AcrivrriES 2024 2023 174J88 8th65 181,979 12,030 L¢gal f¢¢s & odvi¢e 181753 194,009 GraDts received, in¢lded irt the aly)ve, are as follows: 2924 2023 Strand Parishes Tnt The Aceess to JuMi¢e Ftiunda The Hcnry Smith Charity The IA)ndon CoMmulty FouDdatiOD W¢stminsier knalgamated Charity Gardet) Court Chambers City of WeskniA8ier TnLSt for London AB Charitabl¢ Trnst Drdpers Charitable Tn Postcode Society Trust Allen & Overy Foundation Th¢ National IA)ttery Communty Fund 7,111M 7,0(K> 14,672 46JOO &851 4,684 1.750 49,718 58219 38.465 50.625 24.997 9.191 14595 6.000 10,000 174.088 181,979 CHARfFABLE ACTivrriES COSTS Direct Costs Ikgal rsenlIOn 18$646 SUPPORT COSTS Gtsvernallee Other Totsjs 40h30 3124 44,454 Support ts, included in the aknve. aT¢ as ftillo Other 2024 Other 2023 Total activities Rent & rates Insurance Telephon¢ Postage & Stationery Sutthies 9544 15,188 1,950 1,787 5,102 1988 L435 Pag¢ 12 continued...
PADDINGTON LAW CENlllE LIMITED NOTES TO THE FINAP4ClALATKMT3. eonttnued for the yt4r eaded 31 Mar<h 2024 SUPPORT COSTS- CODtiRu¢d R¢paits & renewals Computer costs Subscriptions Legal & professional f¢¢s Staff trainill8 Books & publications Travelling Bank ¢harg¢$ Depreciation of tsngibk red ass¢ts 1,420 8,028 1,517 632 375 3,330 609 221 615 8275 IJ02 iJ)11 37S 5J)21 1944 177 615 Jo 41.634 Govtrn•Dce eosts 2023 Other rt8ourctS Totsl pensts acttviti¢5 Auditors, remuneration 3024 3.795 NET INCOMEI(EXPENDmJRE) inwn)e/{expeDditure) is stated afterChargiDgI{eI1). 2024 2023 Auditors, remuneratioD DePrja]iOn- owned Lssets 3824 615 3.795 615 TRUSTEES, REi¥IUliERATION D BEf*'EFrrs Th¢r¢ w¢r¢ no lThstees' remwieMy)n or other benefits for thc year ended 31 March 2024 rr for the year ended 31 MarGb 2023. Trntees. expensts There were no Irust¢es' ¢xp¢nses paid foT th¢ yeaT ended 31 March 2024 nor forthe year ended 31 March 2023. srAFF cosrs The average monthly number of employees dingthe yearwas a5 follov4S". 2024 2023 Advice No employees rxeiyed emolunwts in excess of £60.000. Page 13
PADDINCTON IAW CENniE LIMITED NOTES TO THE FINANCIAL STATEMENTS. eontinued ftsr the ended31 M*Y¢h 21124 COMPARATIVES FOR THE sfATEMENf OF FLYANCIAL AcrIvrTIES funds funds IYCOME AND ENDOWYElYtS FROM DO[tk)n5 and lega¢i¢s 13,813 13.813 Chxritsble •divitse Legaj reprtS¢DtatioD 80.027 113.982 194.009 Total 93.840 113.982 207,822 EXPENDITIIRE ON Charitable actiwithes Legal r¢prrftntstiQD 35.327 113.982 149,309 Other 45.429 45,429 Tist#l 10.756 113,982 194,738 NET INCOME 13,084 13.084 RECONCILIATION OF FLIYDS Total funds brought fonvard 60278 60278 TOTAL FUNDS CARRtED FORWARD 73.362 73,362 TANGIBLE FIXED ASSETS Computer equip5nent cosr At l April 2023 aDd 31 Mar¢h 2024 16,731 DEPRECIATION At l Awil 2023 Charge for year 16.116 615 At 31 March 2024 14731 NET BOOK VALUE At 3 1 Marih 2024 At 31 March 2023 615 Page 14 corntinued...
PADDINGTON IAW CENnig LIMtrED NOTFS TO THE FINANCIAL STATEMEiYfs-tontioMttl r the year eDded 31 M*rch 2024 WORK IN PROGRE&S 2•24 2023 Wotk.in.pro8ress 33282 25.891 ii. 21124 2023 Trade debtors VAT 4,609 2.946 30,000 7.177 1007 7J95 5,724 Prepaym¢nts aDd accru illcom¢ Prcpayments 15,726 44,732 12. CREDrroRS: AmOUs FALLING DLE IvrrHIN OYE YEAR 2024 2023 Trade crethtors So¢iaJ security aDd oth¢r t Accn]als and def¢Tred iDcome IJ59 2h92 31fy28 1.331 1.452 35.861 3&679 38,644 13. LEASING AGREEME1rS Uinimurn lease payments under now•n¢¢llable OPCTating leases fall due os follow5.' 2024 2023 Withits one year Betw¢¢n one and five ye4rs 4.475 13.967 4,475 4.475 18.442 I& MOVEMEf4T IN FUNDS Net 0me1rt in funds At 31.3.24 At 1.4.23 U•restri¢ted funds Genetai fill 73J62 (36.082) 37280 TOTAL FUNDS (36,082) 37280 Pa8e 15 ¢ontiDued...
NOTES TO THK FII¥ANCIAL STATEMENTS. tontinued for theyear ded 31 March 2024 14 MOVEMENr IN FUNDS. continued N¢t mov¢ment ill funds. included in th¢ above ue as follows: Itt¢oming RurCe$ ¢xp¢nded Mov¢rn¢nt in funds Ullrestrieted General fimd (80.487) (36J182) Restrfcted funds Trust forLondon Cty of W¢snnin5ter The London Comnjunity Foundatton Tht Henry Smith alarity 58319 42J23 (583lY} {42J23) (8151) {46JOO) 46A• 155.693 055,693) TOTAL FUNDS {23&180} (36.082) Comparatives for movement Net movement in At 31.3.23 At 1.4.22 UDr¢strlcted fun Geral fid 60.278 13.084 73.362 TOTAL Fiif 61127¥ 13.084 73,362 Comparativ¢ net veen1 ID fimds. IlUded in the aix)ve are as follows.. Incomin8 Resources Mov¢m¢nt reU[C¢S expended in fuD& UllrestrArt¢d Gett¢ral filnd 93.840 (8D.756) 13,084 Restri¢ted The Access io Justi Foundalion Trust for London Dwers ChaTitabk TTr¢ Postcod¢ Society Trust Wc5trftinster Amalgamated Charity City of Westrninster Th¢ N11)1 IA)ttery Comulullity Fuod 1ILe London Cotnrnunity Foulldl0 l4.672 50.625 9.191 14595 .750 8.465 10.000 4.684 (14.672) (50.625) (9.191) 114.595) (1.750) (8,465} (10,O(Kp) {4.684) 113,982 (113.982) 207,822 (194.738) 13.084 Page 16 CDntinu¢d...
PADDll¥GTON IAW CEhTrE LIMrrED NOTES TO THE FINAI¥CIAL sfATEMENTS. totInUed for the ye4r ended 31 Mar¢h 2•24 I& RELATED PARTY DISCLOSi There wer¢ no related party tiati5ac forthe yearended 31 Mardl 2024. Page 17