REGISTERED COMPANY NUMBER: 01988411 (EnglAud 4Dd Wales) REGISTERED CHAIUTY NUMBER: 299948 PADDINGTON LAW CENTRE LIMITED FINANCIAL STATEMENrs FOR THE YEAR EI¥DED 31 MARCH 2025 Berringers LLP Chartered Accountants and Statutory Auditor8 Lygon HOSe 50 kn)ndon Road Bromky Kent BRI 3RA
PADDINGTON LAW CENTRE LllKITED CONTENTS OF THE FINANCIAL STATEMENTS for the year ¢nded 31 MAreh 2025 Page Referellee and 4dmltttstr*dve deta Report Of the trnlte R¢port of tbe independent 4udlto Ststement of IlTranclAI actlvlde$ Balall¢e iheet 10 Notw to tbe Illlandal 8tst¢ments 11 to 17
PADDINGTON LAW CENTRL LITrED REFERENCE AND ADMINISTRATIVE DETAILS for the yeAr eoded 31 March 2025 TRUSTEES H Fitzgerald P Purton R Bush L H>ie JSCJoll A Mou7Akitou M C Srnith-Ihionvi¢ K P Buck lappoilltyl 13.1124) REGISTERED OFFICE 42l HaTrow Road London W104RE REGISTERED COMPANY NUMBER 01988411 {Englandand Wales) REGISTERED CHARITY NUMBER 299948 AUDITORS BerTingers LLP Clwter¢d Accounthllts and Statutory Auditor5 Ly8on Hou8e 50 London Road Bromley Kent BRI 31L4 Page I
PADDINGTON LAW cENfRE LIMITED REPORT OF THE TRUSTEES for the ye4r ellded 31 March 2025 The trustees who are also di[torS of tbe ¢haTity for the pu08¢8 of the Companies Act 21M16, pr¢$¢nt their report with thf fitw¢¢ial statements of the charity for the year ended 31 Mawh 2025. The trustees have adopted the provisions of A¢wunting and Reporting by Charities.. Staternent of RecoD]m¢nded Practice &ppli¢able to chariti¢s Preparing their a¢¢ounts in accordance with the Financial Reporting Standard applicable in tbe UK and Republic of Ireland {FRS 102) {effeKtive l January 2019). OBJECTIViS AND ACTIVITIES ObJKtlves aDd alm$ The objectives of the L4w Centre are to provide free legal advice and assista1e to p¢)or persom resident or WOTking in the Greater London 8r¢a and in particular in the area of North Paddington, whictrl includes the IA)ndon postal distri¢ts of W2. W9 and thos¢ 4r¢48 of WIO tbAt tsll within Westininstcr City Coun¢iL The Law Centr¢ ¢mploys solicitors, caseworkers alld adtninistrative $t&ff to provido legfyi assistance in the are48 of housit)g. employment and welfAr¢ rights. Slgn1fl¢4nt aetlvltl The Law C£ntre provid¢y free specialist l¢gal advice, pra¢tieai ca8ework And Tribunal repres¢ntation to poor and vulnernble people in the areas of Howing, Welfare Benefits and Employrneni Law, helping mar8in&li8ed peopl¢ increase their incom¢, obtsin andlor rerain $tsble, suitable housing (including fmdin8 home8 for those street hom¢l¢8&). and remain io profitable employmen¢ fr¢¢ from discrimina¢ory treatment. Publlc beD¢IIt The Tru8t¢e% consider tt th¢ obJtiVeS 8nd a¢tivities ststed above of the Law C¢ntre provide8 public benefit within th¢ tne8nuw and tem)s of the Ch&tity Act 201 I. Volunteeri The Law Centre regularly uses volunteers, for both casework and thin tasks, to enhat)c¢ and maximi8e it$ service delivery* wbile al the same time giviug tb05e volunte¢rs improyed skills Afjd cxperience to assist them in th¢ job market. The Centre has over time worked in partnership with various charitabl¢ OTganisaiions, including Pro Botko Community and One W¢$tminster. to source 5ui¢&ble volunteers 4nd a150 acc¢pts dw¢ct applicAtion8 from individu415 5e¢kin8 Yolunteer positions. Page 2
PADDINGTON LAW CENThE LI[[TED REPORT OF THE TRUSTEES for the year ended 31 Lltsrch 21125 ACKtEVEMENTS AND PERFORMANCE Charltabl¢ #¢tivllles The Centre is op¢n to new clients to drop in personally five days a week. C]ients may also contact the Centre by telepbone or by ¢nlI. The Centre's first contact staff welcome ll¢w cliettt& dia8llos¢ their problems, aThd will either arrange an appointrTh¢nt for them with the Centre's specialist solicitor&l¢aseworkers or refer or signpost them to otFker advice support agencies, where these organisations are best placed to hElp th¢m with their problellL The Centr¢'$ solicitors/ca8eworkers will mak¢ home Visits or arrange client appointTn¢nts at partt eTh¢l¢S, in ca8e8 WIe. du¢ to di8&bility or other pmbl¢ms. ¢lients aTe unable to tr&vel to theceth's office. DurAn8 2024125 the Law Centre.. - Continued to deliver its speciAlisr legal advicelcawvork and representation service in the are&5 of Housing, W¢lf4r¢ B¢n¢fit$ wjd Employment law, 'Ving initial support to approximately 1200 new beneficiaries. and ullderthking ¢ornplex casework, often leading to advocacy ill Court or Tribunal. for appwxin)akly 200 of these. Continued to work with private practi¢¢ law fimi, Squire Patton Boggs, to provid¢ evening advice $¢s6ions. staffed by their lawym acting pro-boTho, offering one-off advice for variow legal probl¢m8, affording an adth'tional Advice resour¢¢ for the local community. - Secured a new, Substanti, three-y¢ar grunt from We$tmiiist¢r Coll11, futtding work to ts¢kle ¢ost.of-living related problems for irnpoveri8hed lo¢al people; - Renewed for 4 fijrther yeur a grant from th¢ Eyre Esthte Trust (8upportitLg QUT housing c&8ework) aod a 8Tant from Strand Parishes Trnst (towards COLf costs}: - Se¢ured a llew one-year 8fAllt frotn Award5 for All, fiJndiTh8 our welfare benefits Casework; - Secured a new grant from the Westinillster WArd BudB¢t ProgratDme, fvtxlins our front-of-ho¢ open4oor rVIce. - Continued to deliver results for several ongoing multi-year grants provided by The Henry Smith Charity [nding our housing und welfe benefits ¢asewoTk to provide improved hou5in8 secuTitylincTeased income, for vulnerabl¢ familie8 d individuals), by Westminster Council (supporting OUT wellare benefits casework and in-house fjJndrai$ing ¢ffort8)', by AB ChAritsble Tnty¢ and by Garden Court Chambers (both towar&4 ¢or¢ costs), - Commenc¢d 4 new LegAI Aid eontra¢t for one Y from I S¢ptember 2024 (which has sinc¢ been exlended to 30 Julle 2028),. Su51ained its complement of two Speci]st worker5 in the Welfare Ri8hLs Unil by making 4 5ucces8ful ruItMen in a competitive market, to replace a worker who moved on from the organisation. - Recruit¢d a new tswtee, resident in NoTtb Paddin8ton, bringing new 8kil]s arkd ¢XP¢Tience onto the Board. - Hosted a ¢ommunity Celebratio to mark the Centre reacbittg it's fiftieth year of operation, whi¢h wa5 well-attended by ¢li¢nts, fornier staff ltkvo1v iu establishing the C¢tktr¢, local 8takeholder4 local councillors, and representativ¢s of th¢ free legal adviee seetor. Fundr*lglnz Artlvlll The Law Centre Iw. for many years, relied principally on clwitable grdnts and dollations alld h&8 an active fllndraisinB programme, under which it i5 continually applyin8 for new funding from these sources. In additioll, the C¢ntr¢ is grateful to WesttniDSt¢r Council for expanding th¢ sub8tantial t stsprt it conllnenced in 2022123.. the Council is now delivering funding to the Cetttr¢ through tbree Kpar&te wts, two of which are sth5tantial three-year wts. The fimdraising plan is ttviewed ODd updated regularly by staff; this plfjll and a report on fiuthisin8 progress are presented to eacll Management COnnIttee meeting. The Law Centre benefits from free fi]ndraising support fron its umbreua body. the Law Centres NetwoiL which k¢¢p8 the Centre appraiscd of new fidra]Sir18 opportunitie5 as th¢y arise. Page 3
PADDINGTON LAW CETr4TRE Lll%llTED REPORT OF TRUSTEES for the yeat ended 31 Mar¢h 2025 FINANCIAL REvlw FID4n¢i41 polltlo The Centre's gross illcom¢ w&8 slightly bigh¢r this year at £220,199 agatnst £200,098, while expenditure incieased to £250,296 from £236.180. This resulted in n¢t outgoing resources of £30,097. Al the year-elld restticted fiLttd% atnoullted to £nil 2024 - £nÉl wbitst uDreStriCt fimds which were £37.280 decreased to £7,183. Ruervoj p(b]l¢y It is the poli of the Law C¢rAtre that uDre8tri¢ted fijnds which have not been desi8nated for & specifie use should maintained at a level equivalent to between three to six montbs, expenditure. The trustees coll5idei that res¢rv¢s at this level will ensure that in th¢ event of a significant drop in funding, they will be able to eolltinue the Law Centr¢'$ ourent activities while consideration is given to ways in wbich additional fimds may be raised. FUTURE PLANS For the future the Law Centre is committed to maintsining its current level of servic¢ ill th¢ three areas of social welf¢ law in which it currently advises alld as and when fimdin8 pern)its, increasing its compl¢m¢nl of caseworkers to Teach ¢v¢n more beThefieiari¢s and meet the ¢v¢r in¢r¢a$ing d¢m2nd for 2SS1Stgnc¢ that the Centre experiences. The Centre is ommitt¢d to r¢t&inin8 its basc th¢ Harrow Road, an area of high incone deprivation with an atut¢ housitLg ¢ri$i8. al to this end agr¢¢d with its landlord to renew its lease for five more years at a reni only MargilY higher than the very competitive Tent which the Centre has paid without increase for the last dec&de. STRUCTURE, GOVERNANCE AND MANAGEMENT GovernlDg document The charity 18 controlled by its Boverning document, a deed of tN$L and ¢onstit¢S a limited companyi limited by guar4tstee, as defmed by the CompAtti¢$ A¢t 2006. R¢¢rultm¢nt And APIM)Intm¢nt of new trnJts¢i A5 required by the Memorandum and Articles of Association, the members of the Management Committee elected to serve from theiT appointment or co-option until the next AtU81 Genernl Meetin8, wben otte third of the tn¢mbers must stAnd down. at which point they may sthnd for re-election. OryADlsatlonal strurture The Centre operates as a non-hierarchlc collective. Staff undertake the dy to day rurLning of the centre, making deeisiony in monthly mtttlrt and de¢i$ions rea¢hed we reeorikd in written minutes. The staff of the Centre are ¢mploy¢d by the Company limited by gLw&ntee, Paddington Law Centre Littjited, of whom the directors are B]so the trus¢e¢s of the charity. The directortrustee6 make up a Management Committee who meet every two months to oYer8e¢ the Centre'8 finances and llke the strategic and key fin1¢11 decisioThs. whieh are recorded in writt¢n minutes. Overall legal supervision of the Centre for the purposes of the Law sIety Solicitor$ R¢gul&tion Authority 18 the responsibility of the Supervising Solicitor. The members of the ¢ompooy ulldertak¢ to ¢otttribute an wnount not ex¢eaing £1 each in the event of the willding up of the ¢otllpatty. whi18t A member, or within One Y of ¢e894ti0n of m¢rnb¢rship. Inductlon nd trnlDlrtg of tru&ts The method of election ensures that most Trustee8 reY h&ve knowledge of the needs of th¢ Community, alld other training is put in place for new Management Committee members during th¢ first few LlloNth5 from their election according as Iheir needs become known. At ¢Aeh Mana8¢ment Committ¢¢ me¢ting, th¢rc are reports to ensure trusttts are up to date with activities and changes in legislation or funding requirements. Trustees are also offered rther 80urce8 of infom)ation, either through one to OTLe help frorn other membeTS of the Committee or through the public&tions at]d link8 to the website$ of or8anis&tion5 Buch as th¢ Charity Commission, the Law Celltre8 Network #nd the Leg&1 Aid Agency. STATEMENT OF TRUSTEESI RESPONSIBILrriES The tswtees IwtrLO are al80 the directors of PdingtOn Law Centre Lin)ited for th¢ PUEP98¢S Of company law) Jr¢ resEK)nsible for preparing the Report of the trustees and ihe financial statemenls in &rdance with applicable law 8nd United Killgdom AccountÈtig Stalldatdq (United Kingdojn Generally Accepted A¢coullting Prtice). Page 4
PADDINGTON LAW CENTRE LIMITED REPORT OF TKE TRUSTEES for the year ellded 31 MAr¢b 2025 STATEMENT OF TRUSTEESI RESPONSIBILITIES- tontlnued Company taw requir¢$ th¢ Ite¢S to prepare rLanCIal stateto¢nts for each finAncial yegx. Ulld¢r that IY4w. the trustees have eleed t(Tr pr¢par¢ the fwancial statements iti 8ccordan¢¢ with United Kin8do]n Generally Acc¢pted Accounting Practice (United Kingdom AOunting Standards and applicabl¢ law). Under company law the ttwte£s must tt approve the fw4n¢ial Statenllts unless diey are $ati8fied that they give a tn and fair view of the state of affairs of the eharitable company and of the incoming r¢sour¢es and application of resource4 including the income and expendittwe, of the charitsble compally for that p¢riod. In Preparing those fin8n¢ial stat¢m¢nts, the tW8tees are required to select suitsble accounting policies alld then apply tb¢m consistently. observe the methods and principles in the chariti SORP,. tnake jud8ements and estimates that are r¢agollable and prudent. prepare the fmancial stsiements ort th¢ going co¢[n basis unles$ it is iaippropri&le to Psume thot the ¢horitabl¢ Company will ¢ontinue iti business. The ITUStee8 are r¢spon8ible for keepin8 proper accountin8 re¢ord8 which ¢ScIo8e with rewnabl¢ cUraCY at any time the financial position of the charitable Company and to ¢Dable them to ensure that the fiTJancial Ststements comply with the Companies Act 2006. They are also responsible for s8f¢guarding the assets of the ¢hari¢ubl¢ company and hence for tsking reasonable steps for the prevention and detrttion of fraud and other irre8ul8riti¢$. In $0 far as th¢ ttvst¢e8 are aware: th¢ is no relevant audit in£orna¢ion of whtch the charithble comp8ny'8 ouditors are unaware. and the trustees haye t&kell all Steps that they ought to have tsk¢u tts make themselves &We of ony relevant audit inforniation and to establi8h that the auditors ar¢ aware of that inforniation. AUDITORS The auditors, B¢rrin8¢r8 LLP. will be proposed for re-appoinlment at the forth¢oming ArU&l G¢nerpdl M¢¢tin8. Approved by order of the b04rd of trustees on ..... Page 5
REPORT OF INDEPENDENT AUDITORS TO THE MEMBEILS OF PADDINGTON LAW CENTRE LIMITED Oplnion We hav¢ audited the financial ststelnents of Paddin8ton tAW Centre Lijnited (the 'charithble compattY) for tlke year ¢nd¢d 31 March 2025 which comprise the StateTnellt of fUl¢la1 activitie& the Balance sheet and notes to tbe fiDallcial statements, in¢luding a summary of significant aCCOUDtiDg policies. The financia] reportill8 framewo that has been applied in their pr¢p8ration is applicable law and United Killgdotn Aounting Standards (United Kingdom Geller&lly Accepted Ac¢ounting Practice). In our opinion the financial statements: give a twe and fair view of the state of the clmritable cornpan$ alyaits as at JI March 2025 alld of its incoIning resources aud appli¢ation of resources. including its inCOTXLe alkd ¢xp¢nditure, for the year then ended. haye b¢¢n properly prepared ill accordance with United Kingdom Geueraily Accepted Accoulltin8 Practice.. and bAV¢ b¢¢r¢ prepored in accordance with the requirements of th¢ Companies Act 2(M)6. B#J(* for opinion W¢ conducted our &udit in accordance with Int¢rrthtion41 St8ndards on Auditing IUK) IISAS (UK)) Ind 4pplicable law. Our re8ponsibilities under those standards Are furtber d¢5¢ribed in the Auditors, responsibilitie$ for the audit of the financial statements section of our r¢port. W¢ dependeTht of the chatt'table cojllpany in accorilance with the eihical requirements that 8r¢ r¢l¢vaDt to our audit of the financial statem¢nts in th¢ UK, including the FRC'S Ethical Standard, and w¢ havc fulfilled our other ethical responsibilities in rdance with these requirements. We believe thY4t the audit ¢vid¢n¢¢ we have obtained is Su1¢iettt and appropriate to provide a basis for our opinioo. Conelu8lothJ relatlng to golng conie In auditlDg the tinancial statements, we Imye ¢on¢lud¢d th41 the tNstees' use of the goin8 eott¢ern bag1& of tsUnting in the preparation of the fitCial stat¢m¢nts is appropTi4te. Based on the work we h8v¢ perfonneiL we bav¢ not identified any m&trrial un¢¢Ttainties relatins to events or condition8 ttmt, individually or collectively, may cast Si8nificani doubl on the clMritsbl¢ Company's ability lo continue a8 & going concern for &period of at l¢ast twelve months from when the fJnan¢ial $tat¢ment5 ure authorised for issue. Our resp)n5ibilitie5 and the responsibilitiw of the trustee8 with tespect to going concem are des¢ribed ID th¢ relevant sections of this report. Other lrtformltlon The tsustees are responsible for th¢ other infonnatioTh. The other illforniation eompri8es the InforntiOn included in the AnThual report, other than th¢ financial statements and our Report of the independ¢nt auditors thereon. Our opinion on th¢ financial ststements does not cover the oth¢r infornution and. except to the extent otherwi8e ¢xplioidy 51aled in OUT repo¢ we do not expr¢ss at)y forn) of 08suran¢e conclusion thereon. in Conn1]0 with our audit of the finweial 5tyt¢ments, our responsibility 18 to read the ottker infonllation and. in doing 50. consider whether the other information 15 materially inconsistent with the fin¢la] 518temenls or our knowledge obt&ined in the audit or otherwise 4ppear5 to be materially mis8tAted. If we identify su¢b material inconsistencies or apparent materi&l mi5Statements, we are required to determine wheth¢r this give5 rise to a m841erial misstatement in the fittyllcial statements themselve8. If, b&ged on the work w¢ have perforned we conclude thttt th¢re is 8 mat¢ri81 mis$tat¢ment of this other inf0mtion, we Are required io report that fact. We have nothing to report in this regard. OplnloDI OD other matter8 preJ¢rlbed by the Comp4nieb A¢t 20116 In our opinion, b&qed on th¢ WOTk undertaken in the course of the audit.. th¢ inforniation givett in the Report of the trustees for th¢ fin8n¢ial year for which the fitw)cial stat¢m¢nt8 ar¢ pr¢pared 58 consi8lent with the finollcial statements. the Report of the trtee$ ha8 been prepared in accordance v/ith applicE4ble legal requirements. Page 6
REPORT OF THE INDEPENDENf AUDrroRS TO THE MEMBERS OF PADDINGTON LAW CENTRE LIMITED Mtt¢n 00 whl¢h w¢ r£qulr¢d to report by exceptlon tn th¢ ligbi of tbe knowl8¢ alld und¢TStanding of th¢ charitable company and its environment obtaill¢d in th¢ ¢OUT5e of the audit. we have not identified terIal misstst¢Eu¢nts in the Report of the ttustees. We haye nothing to report An respect of the fo]Eowtng matters wh¢r¢ the CompaThie8 Act 2006 tequire8 US to report to you if, in our opinion.. eqte aceountitig record8 hav¢ not been kept or retums adequate for our gludit h&ve not been received from btallches not visited by us. or tbe Gnallcial siatemellts ate not in agreement with the ¢OutIlls records aThd returns. or eertaiti disclosures of trusttts, remuDeration $pecifi¢d by law are uot made,. or we baye not received all tbe infOrlltson and ¢xplanation5 we require forour audiL' or the trusteeg were not entitled io take advant8g¢ of the sm1 companies exernption from the requir¢meni to prep8r¢ Str&t¢8i¢ pOrt or in pr¢paring th¢ Report of the tNst¢es. R¢spoDslbllltlei of truiteej As ¢xplaiu¢d nor¢ fully in the Statement of trustee5' responsibilitie5, the trustees (who art also th¢ directors of the charitable company for the Purposes of cotnpany law) are responsibl¢ for the pr¢paration of th¢ (anCial statements and for being satisfied that they 8ive a trne gnd fair view, and for su¢b intcrnal Control a8 the ¢rusiees deterniine is necessary to enable the preparation of fitwieial stat¢m¢nts thkt ar¢ fr¢¢ froTn nhlt¢rial misstatement. whether due io fraud or error. In prep&rittB the financial statements, th¢ trustees are responsible for eSsing the charitable company'8 ability to Ontinu¢ 08 0 80ing con¢¢rn, di%losing, 48 appli¢abl¢, nv4tters related to going concern and using th¢ going ¢on¢ern basis of ac¢oun¢iDg unle5S the trustees either intend to liquidate the charitsble company or ¢0 C¢ opeTUtii)ns. or have no realistic ternative but to do 50. Our respon8lblMtlell for the Audlt of the tlllanclAI gtstements Our objeclives are to obtain reasonable assurance about whether the finAll¢ial statem¢nt8 #s a whole are free from material Jntsstatement, wheth¢r du¢ ro fraud or etror, and ty issue 4 Report of the independent auditors that inelud¢$ our opinion. Re&sonAble &ssurall¢e 18 a high level of 46suran¢e. but 15 not 8 guarnntee an audit ¢oodu¢ted in a¢cordan¢e with ISAS (UK) will Hlways detect & material mi5Statement when it exists. Mi88ts¢m¢n¢s ¢An arise from fraud or error and are considered mAterial if, individually or in the a8gregote. they ¢ould reason8bly be ¢xpe¢ted to influe¢ the Konomic decisions of users taken on the basis of these financi&l $taments. The extent to which our procedureB are capable of detecting irre8ulariti¢s, clUding fraud 1$ de¢&iled below: In identifying and a8se88in8 risks of Materi mi88t&¢ement in re8p¢¢t of iTTegulaTities. includin8 fraud ond error, we con8ider¢d the following.. - the natur¢ of the indu$try, ¢ontrol envtronment and business perforniance. - 1¢suIts of our ¢nquiri¢s to nianagement about their own SeSSment of the risk8 of fraud and error,. - the rnV4tters di8CU58ed 8mong the &udit eng&gement teAm regArdin8 how &nd wl)¢r¢ fraud occur in the fiuaDciBI statements and Any potential indicators of fraud. Our procedure8 to respolld risk Include the following.. - reviewing the finaThciAI ststement diselosure8 and testing tr> Supporting doetiOn. - p¢rfoTming walytickl procedures identify Y unusuMI or wIpted areas that may indicAte riyks of mAt¢rial mi58tatem¢n¢ due to frnud or ¢Tror' addre5sillg the risk of fraud and error through Manernent override of ¢otttrol$, t¢sting the appropriateness of journals, assessing whether the judgements made in making CountIng estimates aTe indicative of a potential bias,. at)d ev&luatinB the business rationale of 8ignificAAt trttnsactions that ar¢ unus1 or outside the nomial course of busine88. A further description of our responsibilitie8 for the audtt of the financial statements is located OD the Financial Reporting Council's webyxte at www.fr¢.or8.uklauditotsresponsibilities. This description forms part of our Report of the Indep¢nd¢nt Auditor5. Pa8e 7
REPORT OF THE 1NDEPELYDE AUDfToRS TO THE MEMBERS OF PADDINGTON LAW CENTRE LIMITED Us¢ of our T¢POrt Thi$ report iy llde solely to the ¢haritable company's members, as a body, ITr accordance with Chapkr 3 of Part 16 of the Companie5 Act 2006. Ikn audit work has been undertaken so that we might $t4t¢ to th¢ ch&titable company's membery those matters we are required to State to th¢m ID an auditory, rwrt alld for no other purpose. To the fvllest extent pemiitted by law, we do not accept or sUrne r¢sE¥)nsibility to anyon¢ other than the chlÈable company and the charitable compangs members as a body, for our audit work, for this r¢porL or for the opinions we bave forn)ed. Ricky HutsoTJ BS¢ FCCA ACA (Senior Statrjtory Auditor) for and on behalf of Berringerg LLP Chart¢r¢41 A¢¢ountants nd Statytory Auditors Lygon Hous¢ 50 London Rothd Bromley Kent BRI 3RA Page 8
PADDINCTON LAW CENTrE LIMITED STATEMENT OF FINANCIAL ACTIVITIES for the year ellded 31 Mah 2025 2025 Total fund8 2024 Totsl funds Unrestricted Restricted flmd fimd5 Noles INCOME AND ENDOWMENTS FROM DotMtions and lewies 9,666 9,666 17,345 Charlt•bl¢ 4rt1vltl Legal repre5entstion 133 210 533 182753 Totsl 133 EXPENDITURE ON Charitable actlvltiel Leg&1 representation 66J78 133,881 21MI259 185,646 O¢h¢r Total 116 133 250 15 81 96 236 180 NET tNCOMEI(EXPENDITURE> (30.097) (30,09T) (36.082) RECONCILIATION OF FUNDS Tot&1 fidS brought forward 37,2811 37280 73.362 TOTAL FUNDS CARIUED FORWARD The notes forni part of these financial 5tstements Page 9
PADDINGTON L4W CENTRE LIMITED BALANCE SHEET 31 March 2025 21125 Totsl funds 2024 Total funds Unrestricted fund Restsieied Notes CURRENf ASSETS WoTk ID px)gr¢88 Debtor8 Cath at bank and ill band io li 38,967 6,079 31M 38967 8.532 36 33,282 15.726 2N53 36.550 45J50 39,003 84,353 72,959 CREDITORS Amounts f4lling due within one year 12 (38,167) (39,003) (77,170) (35,679) NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILrfiES 7,183 7,183 37.280 NET ASSKTS FUNDS Unrestri¢ted fimds 14 TOTAL FUNDS Th¢8¢ financial statements have been prepared in a¢cord¢e with the provisio applicable to chatitable companies ubj¢¢t to the small compBnJes re8ime. 8t&temertts were approved by the Board of TTU81ees And wthorised for i&4ue on . and w¢r¢ 8i8ned on its behAlf by: nlSte The notes foTm part of these finatt¢ial $tat¢w¢Dts Page 10
PADDINGTON LAW CENTRE LIMITED NOTES TO THE FINANCIAL STATEMEras for the year ended 31 March 2025 AccouNfL¥G POLICIES Ba&ls of preparlng the flDanclal 8tatemeDts The financial statements of the charitable c¢)mpany, whicb is & public benefit entity und¢r FRS 102, have been prepared in accordance with the Charitie8 SORP IFRS 102) 'A¢counting alld R¢porting by Charities.. Statement of Recommended Practice applicable to clwities preparing their Jccovnts in accordance with the Financial Reporting Standard E4pplicAble in the UK and Republic of Ir¢laDd (FRS 102) (effective l January 2019),. Financial Reporting Standard 102 Tbe Finallciai Reporting Sthn(iaTd applicable in the UK and Republic of treland, and the CompaDi¢s Act 2006. The financial stste]nents hv¢ b¢en prepared Uter the historical ¢08t convention. Golng eoneern The tsustees hav¢ reviewed the fill8n¢i position of the ¢h&Tity with reference to financial proj¢ctions and expect the chAtity can continue to opernte for a period in ex¢ess of e1Ve months following tbe approval of the finalleial statem¢ni$, ther¢fore, tbe tsust¢es ¢onsider il appropriate for the accounts to be pr¢ped oll a 80illB concern basis. lttcDme All income 18 recognised in the Ststement of Financial Activitie8 on¢¢ ihe ciwity has entitlement to the fijnds, it 18 probable that the income will be received and the Amount be mured reliably. Expendltsre LiAbiliti¢s Are reu)gtii8ed expenditure 4$ soon 48 th¢r¢ ij a lego] or con8truetive obli8ation committing the ¢h8Tity to that ¢xp¢nditur¢, it 1$ probable that a transfer of economic bellefiis will be r¢quir¢d in 8¢ttl¢mmt and the r4mounl of the obligation can b¢ mepsured reliably. Expenditttre iq &ceouDted for on bn cTUal8 basis and hys be¢n classified und¢T headings th&t aggregate all cost related to tbe category. Wh¢re ¢o$ts cannot be direct]y attributed to particulAr beadin88 they have been allocAted to &ctivilic$ on a basi5 consistent with the use of resources. Tanglble flxed *uets Depreeiation is provided at th¢ followtn8 ann rat¢$ fft order to WTite off each asset over 11$ ¢$linted u8¢OJl life. Computer equiprnenl 25Vo on cost Work In progrem Work in progress is recogllised at the point when the outs00 of the r¢nderin8 of Services can be estInted reliobly. Work in progress comprises of l08&18ervices provided by Teference to the slAge of eompletion at the end of the reportill8 peri(Ki. T4x8tion The clwity is exempt ftorn corporation tAX oll its chgritable activities. Fund Rccoundng Unrestricted fLJnds can be used in aecordanc¢ with the ¢haritabl¢ obj¢ctive5 llt the discretion of the ttwte¢s. Restricted fund5 can only be used for particular restricted purposes within the objects of the Charity. Restrictions arise when specified by the donor or when ndS are raised for particular restricted purposes. Further explanation of the nibjre and purpo$¢ of eaeh fid is ]luded in the notes to the fjnancial 8tst¢ments. PeD51on costs 4Dd other pos¢-rettremeDt benellt charitable company operates a defined contribution pension 5cberAe. Contributions payable to the c]witsble cojnpany's peJLsion scheme are charged to the Statement of Fuwicial Activities in the period to which they relate. Page 11 continu¢(L..
PADDINGTON LAW CENTRE LIMtTED NOTES TO THE FINANCIAL STATEMEfiTS- conthiued ror the year ended 31 March 2025 INCOME FROM CHARITABLE ACTIVITtES 2025 2024 Activity Le8al representatio Legal representatLOtt 194,409 174,088 Legal fees & advice 210333 182,753 Gr8Dts rec¢iv& included in the 8bove. are as foUow8: 2025 2024 Stralld Parishes Trnst The Henry Smith Charity The LotOn Community Fowidation Garden Court Chamb¢rs City of Westininstet TTUSt for ndoll AB Charitable T¢ The National Lottery Community Fund (Awards for All) Westininster Ward Budgel Westminster VCS Core Funding 7,0110 47JIMI 233 4,OIKI 50,788 7,(M)O 46.300 8,851 49.718 58,219 20,OIXI. 71)0 7J60 29 19 174088 CIIARITABLE ACTIVITIES COSTS Direct Legal represent&tion SUPPORT COSTS Governan¢¢ ¢09ts Other Totali Other resour¢es expended Support cost5, included in the above. are a5 follows: Other 2025 Other resource8 expettd¢d 2024 Totsl activities Reni & Tates Insurance Telephone Postage & Ststionery Sundri¢8 Repairs & renewa]8 Computer costs Subscriptions 12J34 2121 2,036 6,400 5,799 430 7,649 297 9,544 2,561 1.988 6.335 2,435 643 8,275 1,302 Page 12 continud..
PADDINGTON LAW CEI¥TRE LIMITED NOTES TO THE FINANCIAL STATEMENTS- ¢ontillued for the ywAr ended 31 Marcb 2025 SUPPORT COSTS- ¢ottthhu Legal & professional fees Staff tratning Bijoks & publication8 Tr&velling charges Bad debts Deptrciation of tanblO fixed a88gt$ 2Jlil 892 1.011 375 4,878 1,944 195 4,609 615 223 Covernin¢e ¢D&ts 2025 Other re8ource8 2024 TotAI a¢tivitie ¢xpen*i Auditors, remun¢ratioD NET INCOMEJ(EXPENDITURE) Net in¢omol(expenditure) is slated After chatginW(creditiDg): 2025 2024 Audityr8' remuneration Depreciation- owned &88ets 4,0 3.824 615 TRUSTEES, REMUNEK4TION AND BENEFrrs Tbcr¢ w¢tt no ttvstees, r¢muneration or other benefits for the year ended 31 Mar¢h 2025 nor for the year endeAI 31 Mah 2024. TruBteu' expenjei There were llo tsustees, ¢xpet)ses paid for the year ended 31 March 2025 nor for the year ended 31 MAtrh 2024. STAFF COSTS The ¥4verage Monthly numberof employees during the y¢ar was &9 follows.. 21125 2024 Advice No employees received emolllmen18 tn exe¢$8 of £60.000. Page 13 eontinueiL..
PADDINGTON LAW CENTRE LIMtTED NOTES TO THE Fn¥ALYCIAL STATEMENfs- eontiDu¢d for the year ellded JI MRrch 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIES u[eStricted fulld Restricted Totsl fund8 INCOME AND ENDOWMEiYfs FROM Donations and legacies 17,345 17,345 Charitable actiwltl Legal representation 155.693 182 753 Tot81 l55 693 200 098 EXPENDITURE ON ChArlt*ble Aetlvltles Legal ro)r¢s¢lltatioll 29,953 155.093 185,646 Totsl 155 693 NET INCOMEI(EXPENDITURE) (36,082) (36.0821 RECONCILIATION OF FUNDS Totat bjnds brought forward 73.362 73,362 TOTAL FUNDS CARJUED FORWARD TANGIBLE FIXED ASSETS Computer equipment COST At l April 2024 aud 31 March 2025 DEPRECL4TION At l April 2024 and 31 March 2025 NET BOOK VALUE At 31 M&reh 2025 At 31 mCh 2024 Page 14 continu¢(L..
PADDINGTON LAW CENTRE LIMITED NOTES TO THE FINANCIAL STATELIIENTS. eoDtlnued for the year ended 31 March 2025 io. WORK IN PROGRESS 2025 2024 Work.in-prow DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 VAT Prepaym¢nts a¢crned income Prep4yrTh¢Dts 753 2A53 2,607 7,395 12. cREDORS. AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Bank account Trade creditors S(K'ial security at otber t¢8 A¢¢nJ&ls 8nd deferred income 19,813 2,096 3287 51 1,359 2,692 Amoullts included in creditors with respe¢t ty bank &¢¢ounts, r¢lAt¢ to tirnin8 differellces on utrestricted funds. 13. LEASING AGREEMENTS Minimum le&8e payments under non-cancell&ble oper&ting lease5 f411 due as follows.. 2025 2024 Within one year Between one and five years 14.059 4,475 Page 15 Continued...
PADDINGTON IAW CENTRE LiMfTED NOTES TO THE FINANCLIL STATEMENTS. cottthiued for the yettr ended 31 M4r¢h 2025 14. MOVEMENT IN FUNDS Net ovement in fimds At 31.3.25 At 1.4.24 UJtre$tAeted funds Gen¢r81 fLd 37280 (30,097) 7,183 TOTAL FUNDS 37 Net movement ill fi8, iticluded in the above are a8 follows.. IncominB . resouTCeS Re5011rce5 ¢xpended Movement in funds Unre8tYl¢ted fund8 Gencrlll fund 86Jl8 (li15} (30,097) Reitrlcted thd8 City of We81rninsler The National Lottery Collllnullity Fund Th¢ London Community Found&tion The Henry Smith Charity Westminster Ward Budget 50,788 7,600 211,833 47,Jl)O (50,788) (7,61MI) (20033) {47JOO) 60 133 TOTAL FUNDS 50 CoEDpafAtlvei for movement In fund8 Net movement in fllnd8 At 31.3.24 At 1.4.23 Unre8trlcted funds General fiu]d 73.362 (36,082) 37,280 TOTAL FUNDS 36 082) Page 16 contim*d...
PADDqGToN LAW CENfRE NOTES TO THE WINANCIAL STATEMENTS- continued lor the year ended 31 Mar¢h 2f125 14. MOVEMENT IN FUNDS- ¢ontlnu¢d Compardtive net movenJ¢nt ill fund%, included in the above are as follows.. Incoming Tesources Resources expended Movement in fijnds UDreBtrlcted fvndi Gen¢ral fulld 44,405 (80,487) (36.082) Restricted fundj Trust for London City of Westmin5tcr The London Community Foundation The H¢nry Smith Charity 58219 42,323 8,851 {58.219) (42,323) 18,851) 155693 155693 TOTAL FUNDS 236 180 IS. RELATED PARTY DISCLOSURES There were no related Party transactioM for the ytar ended 31 March 2025. Page 17