2025-03-31-accounts

Charity number: 202349

THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

THE DOCKLAND SETTLEMENTS

CONTENTS

	Page
Reference and administrative details of the Charity, its Trustees and advisers	1
Trustees' report	2 - 9
Independent auditors' report on the financial statements	10 - 13
Statement of financial activities	14
Balance sheet	15
Statement of cash flows	16
Notes to the financial statements	17 - 37

THE DOCKLAND SETTLEMENTS

REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2025

Trustees	Montague Meyer (Chair)
	Alan Stead FCA (Trustee)
	Shalini Sharma (Trustee)
	Phillip Elson (Trustee)
	Curt Fahndrich (Trustee)
	Martin Young (Trustee)
	Tracy Anne Cunningham (Trustee)
	Mark Horn (Trustee)
	Grace Willimott (Trustee)
Charity registered number 202349 Principal office 98 Gibbins Road London E15 2HU Independent auditors Barnes Roffe Audit Limited Chartered Accountants Statutory Auditor Leytonstone House London E11 1GA

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2025

The Trustees who are also the directors of the Charity for the purposes of the Companies Act 2006, present their report with the financial statements of the Charity for the year ended 31 March 2025. The Trustees have adopted the provisions of Accounting and Reporting of 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

a. Policies and objectives

• a) To establish and/or administer and carry on community centres in London and / or elsewhere in the UK. b) To provide facilities for recreation and for all or any types or type of physical, mental, moral, educational and cultural training for and to improve the lives of the inhabitants or of the neighbourhoods of our community centres without distinction of sex or race or of political, religious or other options.

• c) In connection with (b) to do all or any of the following: continue, initiate, develop, promote, encourage, organise and coordinate:

• I. Social services of a charitable nature

• II. Educational classes and lectures and other forms of educational activity and training

• III. Cultural and recreational education and training

• IV. Study and practice of citizenship irrespective of any political party

• V. Religious thought and manner of living

Public benefit

The Trustees have considered the Charity Commission guidance on public benefit, and consider that the activities of the Charity meet its charitable objectives and provide a benefit to the public.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance

Charitable activities

a. Stratford

Our three community centres in London have delivered even more charitable projects and supported more disadvantaged, vulnerable, and lonely people than ever before.

At our Stratford Centre, the Food Bank continues to be extremely busy, providing food over three days to more than 1,400 people in some weeks, with an average of 1,200. Aligned with this, the Warm Haven and Clothes Bank provide further support. On the two other days of the week when the Warm Haven is not operating, we still welcome rough sleepers for hot showers, food, access to Wi-Fi, phone chargers, and new clothing.

Our support for local people is further strengthened by partner agencies, including the NHS, who provide a variety of health-related services such as liver scans, chest X-rays, dentistry, and sexual-health advice. We aim to continue expanding our support for service users to help them improve their mental and physical health and, ultimately, to break the cycle of dependence on the Food Bank.

We have secured funding for the Food Bank Manager’s salary and some of its other costs, but this will continue to be a priority. Continuing to rely on the support of a wonderful core group of local volunteers, as well as corporate volunteer teams from organisations such as AmTrust, Barclays, Ethos Farm, and Marks & Spencer, enables us to continue running this large, vital provision at a relatively low cost.

We remain extremely grateful to Marks & Spencer (Westfield), The Felix Project, City Harvest, In Kind Direct, Amazon, Billingsgate Market, and The Westbridge Hotel in Stratford for their ongoing and hugely appreciated support.

The Centre continues to host a variety of charitable activities, including those for the elderly (such as ballroom dancing), and for younger people (such as the Breakdance Club, various sports, and martial arts). We also continue to provide a weekly multi-sport session for disabled adults that has been running since 2006.

We were fortunate to receive funding from Newham Council for a project that supports perinatal parents of under-two-year-olds, which we call “Baby Grow.” This project provides parents with practical support, advice, respite, and essential items such as baby clothes, wipes, and nappies. All parents were also able to take part in a Baby First Aid course. We hope to develop this project further over the next year with additional funding.

Unfortunately, we had to close our Stratford Playcare Service, which never fully recovered after the Covid crisis. Parents’ working patterns changed, meaning many are now able to work from home and collect their own children from school. Furthermore, schools themselves have begun to deliver more after-school and extracurricular activities. Ultimately, we could no longer afford to continue this loss-making service. The majority of the Playcare staff were able to transfer from our Stratford Centre to our Playcare Service on the Isle of Dogs, and the remaining two opted for redundancy.

Negotiations with Newham Council over the construction of a new Carpenters and Docklands Community Centre elsewhere on the Carpenters’ Estate continue to make progress, with Heads of Terms now agreed. There are some issues outside our control that have delayed progress, but it is hoped that building work will commence soon. We are excited about this venture and, with the additional spaces — including an astroturf pitch — that the new centre will include, we will be able to support even more vulnerable and disadvantaged people and simultaneously improve our financial resilience.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance (continued)

b. Rotherhithe

Our Rotherhithe Community Centre continues to provide a popular variety of activities, including “Football Fantasia,” which usually has around 120 children signed up at any given time. We hope to secure more funding for this project, which offers free weekend football training sessions to local children who benefit from physical activity while improving teamwork, communication, and other skills. Their parents are also extremely grateful, as many cannot afford to send their children to private coaching sessions in the area.

The Garden Project continues to make visible improvements. This project is principally delivered by a partner CIC called Bizzie Bodies, supported by The Dockland Settlements. They plan to erect a wheelchair-accessible polytunnel in the garden, ensuring everyone has access. Once completed, the polytunnel will be used for a variety of workshops delivered to local people—especially children—teaching them about the environment, food growing, pollination, and even robotic farming! We are also eager to continue our other projects that involve supporting the education and enrichment of local children, including sourcing funding for our Tech Hub Maker Space, where children can learn about 3D printing, design, 3D photography, coding, robotics throughout the school holidays and after-school. This is in partnership with a resident CIC called Bizzie Bodies who have expertise in this area.

A Chair Exercise Class has also begun at our Rotherhithe Centre. Specifically, it is a free weekly, chair-based exercise session for older people as part of a Warm Haven offer. This session has attracted new people to our centre and is enjoyed by all who attend. Another new addition is “Inclusive Karate with Ogi”—karate for children and young people with SEND. Participation is growing steadily, and progress among those who have been attending for a while is clearly visible. The instructors aim to hold a basic grading class later in 2025 to instil a sense of pride and accomplishment in the children.

Finally, plans to build a “Community Cabin” on some spare land have progressed, although there remains a small funding gap that we aim to fill. This will ensure we have sufficient resources to create the product best suited for a multi-purpose room that can host ‘messier’ activities such as a Men’s Shed, a Gardening Club, and various arts and crafts sessions.

Rotherhithe continues its partnership work with resident charities and CICs, including Bizzie Bodies, Ballers Academy, and Bosco, who complement the work we do and bring different areas of expertise.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Achievements and performance (continued)

c. Isle of Dogs

Calder’s Wharf remains the largest provider of childcare in the area, supporting parents to remain in work and providing single parents and carers with respite for fifty weeks of the year. The children themselves benefit from a range of activities and trips that they might not otherwise experience. Recent outings have included visits to the Essex coast, indoor skydiving, theme parks, and climbing centres. We were also delighted to receive an additional Variety Club minibus as attendance numbers continue to increase.

Other activities continue at the centre, including Pilates, Mum and Baby Yoga, Baby Sensory, an Elderly Lunch Club, and a Baby Clothes Exchange, helping to support parents who may be struggling. They can also access the Food Bank, which opens once a week, though we have plans to expand this provision. Volunteers are vital to its ongoing success, and we are fortunate to receive support recruiting them from Tower Hamlets CVS, as well as regular volunteers from a local business called Real Fundraising.

Daytime usage at the centre has increased slightly, and the Chinese and Vietnamese Refugee Group continues to use the facilities twice per week, offering various social activities including Tai Chi, ballroom dancing, table tennis, Mahjong, and a delicious lunch.

We are delighted to be receiving support from Canary Wharf Contractors, a large local property developer and building firm, who are renovating our Community Cabins in Millwall Park. These spaces will be used for afterschool and school holiday activities, environmental projects, and adult education sessions such as languages and music.

d. Conclusion

We continue to do all we can to support local people, no matter their age or background. We aim to respond quickly to local needs and provide tailored, conscientious projects driven by local stakeholders and underpinned by grants and volunteer support. We are continually seeking new community spaces to expand our provision in other parts of London and the surrounding areas.

Fundraising continues to be a challenge, with high levels of competition among charities. However, we are fortunate to have a successful annual fundraising event—the Golf Day at Hadley Wood—to which we are very grateful and look forward to another event this June. This event relies heavily on regular attendance and generous support from teams including LGT Wealth, Canary Wharf Contractors, Brith Engineering, Elson Tools, Rooff, Watford Timber, Retrex, Kendon Packaging, Sydenham, Pinewood Structures, JAM Timber Consulting, Dover Trussed Roofing, and numerous individual supporters, including our Chairman, Nick Meyer.

We are extremely fortunate to have a fantastic team of staff and volunteers, all of whom are willing to roll up their sleeves and take on tasks that may fall outside their usual job descriptions, in order to save money and help the most disadvantaged, vulnerable, and lonely people we support.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

a. Financial review

The Charity's income is derived from 3 regular principal sources and as indicated in the Trustees Report they are:

• the renting of parts of the buildings for office use and the hiring of larger space to user groups for sporting, hobby crafts and similar organised activities;

• childcare provision pre and after school services; an

• fund raising social events.

Additionally, there are valued donations with special support provided by the Carpenters Livery Company and investment income.

The total income for the year to 31 March 2025 was £1,014,990 (2024 - £798,409) , which is more (2024 - less) than the Charity's expenditure of £1,001,376 (2024 - £1,059,877) in managing and running the 3 locations at Stratford, Isle of Dogs and Rotherhithe and fundraising costs of £16,998 (2024 - £16,337).

The position this year is decreased by fall in the value of the Charity's low risk investments of £54,702 (2024 - £99,759 increase) , this is minimised by a realised gain of £32,731 ( 2024 - £45,949) .

There is therefore a final deficit of £25,355 (2024 - £132,097) .

The Trustees have considered forecasts in the light of the cost of living crisis and economic uncertainty with the country, taking into account that a number of the Charity's activities have been reduced. The risk to the Charity's financial position is monitored throughout the year and the Trustees are satisfied that there are no material uncertainties in the Charity's status as a going concern.

b. Reserves policy

The charity aims to maintain unrestricted reserves, not invested in fixed assets, available and equivalent to between six months of operating expenditure. This level is considered appropriate to ensure the continued delivery of essential community services in the event of funding interruptions, unexpected costs, or emergencies. This provision has not been achieved this year but the Trustees hope to achieve this goal over the next few years by increasing income and, if necessary, transferring funds from Designated Funds to General Funds within total unrestricted funds. The reserves are reviewed annually by the trustees to ensure they remain aligned with risk and operating commitments.

c. Designated funds

During the year, the Trustees have continued to utilise 5 designated funds from the prior year. The Trustees feel that this classification best reflects the intended use of these funds to invest and support specific projects and activities undertaken by the Charity. These funds are not intended to be used in the day-to-day funding of the Charity. For more information, please see Note 17 to the financial statements. These include the possibility of a new community centre if somewhere suitable is identified, the renovation of "The Arches" on the Isle of Dogs and the fixed asset funds to provide for the annual depreciation of our fleet of minibuses and buildings.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

d. Future plans

Plans for the upcoming financial year include:

• Fundraising the gap in funds acquired for the Food Bank and Warm Haven provisions in Stratford.

• Employ a Food Bank Manager and to expand the Food Bank provision on the Isle of Dogs.

• Construction of a Community Cabin at Rotherhithe.

• Commencing the renovation of "The Arches Project" on the Isle of Dogs.

• Seek grants to support the ongoing works of the charity.

• Continue to liaise with developers in London and the surrounding areas for opportunities to expand our work in other communities.

• Aim to increase the lowest paid staffs' salaries to meet the criteria of the London Living Wage and achieve accreditation.

• Continue to negotiate with Newham over the building of a new Community Centre on the Carpenters' Estate.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Structure, governance and management

a. Governing document

The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

b. Recruitment and appointment of new trustees

Trustee role descriptions are prepared reflecting the current needs for the board.

Advertising is made in a judicious and focused manner, encouraging diversity within the Board and appointments based on merit.

A declaration of eligibility supports any appointment to the Board.

c. Key management remuneration

The Trustees carry out an annual pay review to ensure that the Charity's pay levels are fair, competitive and an effective use of charitable funds.

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 & 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 its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles of the Charities SORP (FRS 102);

• make judgments and accounting estimates that are reasonable and prudent;

• state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Charity will continue in business.

The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charity's transactions and 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.

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THE DOCKLAND SETTLEMENTS

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Disclosure of information to auditors

Each of the persons who are Trustees at the time when this Trustees' report is approved has confirmed that:

• so far as that Trustee is aware, there is no relevant audit information of which the charity's auditors are unaware, and

• that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audit information and to establish that the charity's auditors are aware of that information.

Auditors

After the year end Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its successor Barnes Roffe Audit Limited was appointed by the trustees in line with the Charities Act 2011.

Approved by order of the members of the board of Trustees on and signed on their behalf by: 26-Nov-2025

Mark Horn

M Horn

(Trustee)

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THE DOCKLAND SETTLEMENTS

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE DOCKLAND SETTLEMENTS

Opinion

We have audited the financial statements of The Dockland Settlements (the 'charity') for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

The financial statements have been prepared in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standards 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 been withdrawn.

This has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

In our opinion the financial statements:

• give a true and fair view of the state of the charity's affairs as at 31 March 2025 and of its incoming resources and application of resources for the year then ended;

• have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

• have been prepared in accordance with the requirements of the Charities Act 2011.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the Trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the Trustees with respect to going concern are described in the relevant sections of this report.

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THE DOCKLAND SETTLEMENTS

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE DOCKLAND SETTLEMENTS (CONTINUED)

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditors' report thereon. The Trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

• the information given in the Trustees' report is inconsistent in any material respect with the financial statements; or

• sufficient accounting records have not been kept; or

• the financial statements are not in agreement with the accounting records and returns; or

• we have not received all the information and explanations we require for our audit.

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement, the Trustees are responsible for the preparation of the financial statements which give a true and fair view, and for such internal control as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the Trustees either intend to liquidate the charity or to cease operations, or have no realistic alternative but to do so.

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THE DOCKLAND SETTLEMENTS

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE DOCKLAND SETTLEMENTS (CONTINUED)

Auditors' responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities we considered the following:

• the nature of the industry, sector and control environment including the procedures for revenue recognition;

• results of our enquiries of management about their own identification and assessment of the risks of irregularities;

• any matters we identified having made enquiries of management about their policies and procedures relating to:

• identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;

• detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged fraud;

• the internal controls established to mitigate risks of fraud or non-compliance with laws and regulations; and

• the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud.

All relevant laws and regulations identified and areas susceptible to fraud that could have a material effect on the financial statements were communicated. Any instances of non-compliance of non-compliance with laws and regulations identified were considered in our audit approach. The most significant laws and regulations were determined as follows:

• UK GAAP FRS 102 and Companies Act; and

• Charities Act 2011.

Additional audit procedures performed by the audit engagement team included:

• Review of the financial statement disclosures and testing to supporting documentation

• Completion of disclosure checklist to identify areas of non-compliance.

The areas that we identified as being susceptible to material mistatement due to fraud were:

• Revenue recognition (including grant income);

• Management override.

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THE DOCKLAND SETTLEMENTS

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF THE DOCKLAND SETTLEMENTS (CONTINUED)

Audit procedures in response to the identified areas above:

• agreeing the financial statements disclosures to underlying supporting documentation;;

• enquiring of management about actual and potential litigation and claims;

• performing analytical procedures and substantive testing to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

• in addressing the risk of fraud through management override of controls, testing the appropriateness of journal entries and other adjustments;

• assessing whether the judgements made in making accounting estimates are indicative of a potential bias; and

• evaluating the business rationale of any significant transactions that are unusual or outside the normal course of business.

We also communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditors' report.

Use of our report

This report is made solely to the charity's trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and its trustees, as a body, for our audit work, for this report, or for the opinions we have formed.

Barnes Roffe.

Barnes Roffe Audit Limited

Chartered Accountants Statutory Auditor Leytonstone House Leytonstone London E11 1GA

09-Dec-2025

Barnes Roffe Audit Limited are eligible to act as auditors in terms of section 1212 of the Companies Act 2006.

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THE DOCKLAND SETTLEMENTS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025

Note Income and endowments from: Donations and legacies 4 Other trading activities 5 Investments 6 Total income and endowments Expenditure on: Raising funds 7 Charitable activities 9 Total expenditure Net (expenditure)/income before net (losses)/gains on investments Net (losses)/gains on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward	Unrestricted funds 2025 £ 19,644 574,463 46,431 640,538 16,998 869,546 886,544 (246,006) (21,971) (267,977) 2,300,425 (267,977) 2,032,448	Restricted funds 2025 £ 374,452 - - 374,452 - 131,830 131,830 242,622 - 242,622 45,414 242,622 288,036	Endowment funds 2025 £ - - - - - - - - - - 300,000 - 300,000	Total funds 2025 £ 394,096 574,463 46,431 1,014,990 16,998 1,001,376 1,018,374 (3,384) (21,971) (25,355) 2,645,839 (25,355) 2,620,484	Total funds 2024 £ 179,925 593,064 25,420 798,409 16,337 1,059,877 1,076,214 (277,805) 145,708 (132,097) 2,777,936 (132,097) 2,645,839

The Statement of Financial Activities includes all gains and losses recognised in the year.

The notes on pages 17 to 37 form part of these financial statements.

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THE DOCKLAND SETTLEMENTS

BALANCE SHEET AS AT 31 MARCH 2025

			2025			2024
	Note		£			£
Fixed assets
Tangible assets	13		562,643			552,516
Investments	14		1,976,354			2,057,388
			2,538,997			2,609,904
Current assets
Debtors	15	29,076			19,542
Cash at bank and in hand		81,494			60,265
		110,570			79,807
Current liabilities
Creditors: amounts falling due within one
year	16	(29,083)			(43,872)
Net current assets			81,487			35,935
Total net assets			2,620,484			2,645,839
Charity funds
Endowment funds	17		300,000			300,000
Restricted funds	17		288,036			45,414
Unrestricted funds
Designated funds - New Venture Fund	17	1,147,599			1,371,455
Designated funds - other	17	695,063			702,516
General funds	17	189,786			226,454
Total unrestricted funds	17		2,032,448			2,300,425
Total funds			2,620,484			2,645,839

The financial statements were approved and authorised for issue by the Trustees on _______ 26-Nov-2025 and signed on their behalf by:

Alan Stead (Trustee)

The notes on pages 17 to 37 form part of these financial statements.

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THE DOCKLAND SETTLEMENTS

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Cash flows from operating activities Net cash used in operating activities Cash flows from investing activities Movement in fixed asset investments Interest received Net cash used in investing activities Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year The notes on pages 17 to 37 form part of these financial statements	2025 £ (54,331) 26,332 45,259 71,591 17,260 60,265 77,525	2024 £ (226,349) 231,278 25,342 256,620 30,271 29,994 60,265

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THE DOCKLAND SETTLEMENTS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1. General information

The Dockland Settlements ("the Charity") is a company, limited by members' guarantee, incorporated in England and Wales. The Charity's registered office is 98 Gibbins Road, London, E15 2HU.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - 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 Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and 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 Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The Dockland Settlements meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised in the Statement of Financial Activities once the Charity has entitlement to the funds, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Income from community activities is include in income when invoiced and from grants receivable when any conditions relating to the grants have been satisfied.

2.3 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

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2. Accounting policies (continued)

2.4 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.5 Taxation

The Charity is exempt from corporation tax on its charitable activities.

2.6 Tangible fixed assets and depreciation

Fixed assets are stated at cost less depreciation. Assets below £2,000 are written off in the year of purchase. Depreciation is provided on fixed assets at rates which will write off the cost of the asset over their useful economic lives.

Depreciation is provided on the following bases:

Leasehold property	- over the term of the lease
Long-term leasehold property	- not provided
Motor vehicles	- 25% on cost
Fixtures and fittings	- at variable rates on reducing balance

The carrying values are reviewed at the year end for impairment if circumstances indicate that the full carrying value may not be recoverable.

No depreciation charge is made in respect of long-term leasehold property as this relates to land only.

2.7 Investments

Fixed asset investments comprise an investment portfolio which is managed by an outside provider. This is included in the balance sheet at current market value as at the balance sheet date, income is taken into the Statement of Financial Activities when accrued in the fund. Any unrealised gains or losses on listed investments are included in the Statement of Financial Activities for the year.

Other investments held as fixed assets are shown at cost less provision for impairment.

2.8 Debtors

Trade and other debtors are recognised at the settlement amount. Prepayments are valued at the amount prepaid.

2.9 Cash at bank and in hand

Cash at bank and in hand includes cash, current bank accounts and a cash account which is part of a larger investment fund.

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2. Accounting policies (continued)

2.10 Creditors

Creditors are recognised where the Charity has a present obligation resulting from a past even that will 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 are recognised at their settlement amount.

2.11 Financial instruments

The Charity 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 the current asset investment which is measured at market value.

2.12 Pensions

The Charity operates a defined contribution pension scheme. Contributions payable to the Charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2.13 Fund accounting

General funds are unrestricted funds which can be used in accordance with the charitable objectives at the discretion of the trustees.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which can only be used for particular restricted purposes within the objectives of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purposes of each fund is included in the notes to the financial statements.

2.14 Donated services and facilities

Donated services and facilities are included in the Statement of Financial Activities as income and expenditure. The amounts are valued at the cost that the Charity would have had to incur.

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3. Critical accounting estimates and areas of judgment

In preparing financial statements it is necessary to make certain judgements, estimations and assumptions that affect the amounts recognised in the financial statements. The following judgements and estimates are considered by the Trustees to have the most significant effect on amounts recognised in the financial statements.

Critical accounting estimates and assumptions:

Useful life of tangible fixed assets:

The annual depreciation charge for tangible fixed assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are reassessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

4. Income from donations and legacies

Grants Perinatal Mental Health Charterhouse London Marathon Foundation Rotherhithe Consolidated Charities Newham Council IRONMNGRS East End Community Foundation Southwark Council Carpenters Co Trust People for Places Warm Haven Southwark Charities - Warm Hub Variety Club Subtotal detailed disclosure Donations Total 2025	Unrestricted funds 2025 £ - - - - - - - - 16,250 - - - - 16,250 3,394 19,644	Restricted funds 2025 £ 5,000 9,000 16,249 4,890 10,000 5,000 18,742 2,700 - 3,000 22,500 4,940 34,107 136,128 238,324 374,452	Total funds 2025 £ 5,000 9,000 16,249 4,890 10,000 5,000 18,742 2,700 16,250 3,000 22,500 4,940 34,107
			152,378
			241,718
			394,096

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4. Income from donations and legacies (continued)

Grants Perinatal Mental Health Grocers Groundwork Rotherhithe Consolidated Charities Newham Council UK Health and Wellbeing Fund East End Community Foundation Southwark Council Carpenters Co Trust British Land Company Warm Haven Albion Street Community Charity Subtotal detailed disclosure Donations Total 2024	Unrestricted funds 2024 £ - - - - - - - - 15,000 - - - 15,000 10,295 25,295	Restricted funds 2024 £ 5,000 3,000 1,125 4,530 20,000 10,000 10,000 52,674 - 16,000 4,400 1,000 127,729 26,901 154,630	Total funds 2024 £ 5,000 3,000 1,125 4,530 20,000 10,000 10,000 52,674 15,000 16,000 4,400 1,000
			142,729
			37,196
			179,925

5. Income from other trading activities Income from fundraising events

	Unrestricted	Total
	funds	funds
	2025	2025
	£	£
Fundraising events	35,416	35,416

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5. Income from other trading activities (continued)

Income from fundraising events (continued)

	Unrestricted	Total
	funds	funds
	2024	2024
	£	£
Fundraising events	31,333	31,333

Income from non charitable trading activities

Classes income Community activities & letting Sundry income Playscheme income Classes income Community activities & letting Sundry income Playscheme income	Unrestricted funds 2025 £ 7,195 376,127 730 154,995 539,047 Unrestricted funds 2024 £ 229 362,267 1,440 197,795 561,731	Total funds 2025 £ 7,195 376,127 730 154,995
		539,047
		Total funds 2024 £ 229 362,267 1,440 197,795
		561,731

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6. Investment income

Deposit account interest Investment income Deposit account interest Investment income	Unrestricted funds 2025 £ 1,172 45,259 46,431 Unrestricted funds 2024 £ 78 25,342 25,420	Total funds 2025 £ 1,172 45,259
		46,431
		Total funds 2024 3 78 25,342
		25,420

7. Expenditure on raising funds

Costs of raising voluntary income

	Unrestricted	Total
	funds	funds
	2025	2025
	£	£
Costs of fundraising activities	16,998	16,998

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7. Expenditure on raising funds (continued)

Costs of raising voluntary income (continued)

	Unrestricted	Total
	funds	funds
	2024	2024
	£	£
Costs of fundraising activities	16,337	16,337

8. Net income/(expenditure)

Net income/(expenditure) is stated after charging:

	2025	2024
	£	£
Auditor's remuneration	5,000	5,000
Depreciation - owned assets	69,359	49,806

9. Analysis of expenditure on charitable activities

Summary by fund type

	Unrestricted	Restricted
	funds	funds	Total
	2025	2025	2025
	£	£	£
Running community centre	869,546	131,830	1,001,376

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9. Analysis of expenditure on charitable activities (continued)

Summary by fund type (continued)

	Unrestricted	Restricted
	funds	funds	Total
	2024	2024	2024
	£	£	£
Running community centre	895,557	164,320	1,059,877

10. Analysis of expenditure by activities

Running community centre Running community centre Staff costs Wages and salaries Social security costs Contribution to defined contribution pension schemes	Activities undertaken directly 2025 £ 991,294 Activities undertaken directly 2024 £ 1,049,408	Support costs 2025 £ 10,082 Support costs 2024 £ 10,469 2025 £ 568,883 38,620 9,930 617,433	Total funds 2025 £ 1,001,376
			Total funds 2024 £ 1,059,877
			2024 £ 634,478 42,474 10,817
			687,769

11. Staff costs

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11. Staff costs (continued)

The average number of persons employed by the Charity during the year was as follows:

Full-time equivalents

----- Start of picture text -----
2025 2024
No. No.
29 26
----- End of picture text -----

No employee received remuneration amounting to more than £60,000 in either year.

12. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2024 - £NIL) .

During the year ended 31 March 2025, no Trustee expenses have been incurred (2024 - £NIL) .

The Charity considers its key management personnel to comprise of the Trustees, Chief Executive Officer, Operations Director and each of the three Centre Managers. Total key personnel remuneration during the year was £210,747 gross pay (2024 - 201,578) and £21,627 employer's National Insurance (2024 - £21,542) .

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13. Tangible fixed assets

Cost or valuation At 1 April 2024 Additions Disposals At 31 March 2025 Depreciation At 1 April 2024 Charge for the year On disposals At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024	Short-term leasehold property £ 743,867 - - 743,867 424,488 33,361 - 457,849 286,018 319,379	Long-term leasehold property £ 200,000 - - 200,000 - - - - 200,000 200,000	Motor vehicles £ 149,872 73,292 (24,459) 198,705 116,979 34,768 (18,344) 133,403 65,302 32,893	Fixtures and fittings £ 234,872 12,309 - 247,181 234,628 1,230 - 235,858 11,323 244	Total £ 1,328,611 85,601 (24,459) 1,389,753 776,095 69,359 (18,344) 827,110 562,643 552,516

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14. Fixed asset investments

Cost or valuation At 1 April 2024 Additions Disposals Revaluations At 31 March 2025 Net book value At 31 March 2025 At 31 March 2024	Listed investments £ 2,057,358 550,826 (577,158) (54,702) 1,976,324 1,976,324 2,057,358	Unlisted investments £ 30 - - - 30 30 30	Total £ 2,057,388 550,826 (577,158) (54,702)
			1,976,354
			1,976,354
			2,057,388

Fixed asset unlisted investments consist of 6,820 £1 Ordinary Shares in Helpcard Holdings Ltd which have been written down to £Nil from the historical cost of £10,506 and £30 Government Securities shown at cost.

15. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	29,076	19,542

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16. Creditors: Amounts falling due within one year

Trade creditors Other taxation and social security Other creditors Accruals and deferred income Deferred income at 1 April 2024 Resources deferred during the year Amounts released from previous periods	2025 £ 3,892 10,011 3,519 11,661 29,083 2025 £ 5,158 4,941 (5,158) 4,941	2024 £ 17,484 10,616 3,894 11,878 43,872 2024 £ 27,664 5,158 (27,664) 5,158

All deferred income in 2025 was received before the year end but is not allowed to be spent before April 2025.

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17. Statement of funds

Statement of funds - current year

Unrestricted funds Future Capital Investment Fund Arches Project Fund Minibuses for Playcare Fund Building Fund Fixed Asset Fund Fixed asset fund - Rotherhithe Minibus (2025) Minibus - Variety Club General funds General Fund Total Unrestricted funds Endowment funds Stanley Spooner Will Trust Fund	Balance at 1 April 2024 £ 1,371,455 150,000 32,893 200,000 319,623 - - - 2,073,971 226,454 2,300,425 300,000	Income £ - - - - - - - - - 640,538 640,538 -	Expenditure £ (133,845) - (14,560) - (33,361) (1,230) (2,525) (7,271) (192,792) (693,752) (886,544) -	Transfers in/out £ (90,011) - - - - 12,309 10,100 29,085 (38,517) 38,517 - -	Gains/ (Losses) £ Balance at 31 March 2025 £ - 1,147,599 - 150,000 - 18,333 - 200,000 - 286,262 - 11,079 - 7,575 - 21,814 - 1,842,662 (21,971) 189,786 (21,971) 2,032,448 - 300,000

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17. Statement of funds (continued)

	Balance at 1			Transfers	Gains/	Balance at 31
	April 2024	Income	Expenditure	in/out	(Losses)	March 2025
	£	£	£	£	£	£
Restricted
funds
Cooper	-	100	(100)	-	-	-
Celtic FC	-	1,000	(1,000)	-	-	-
Variety club	-	34,107	(8,527)	-	-	25,580
Arches
Redevelopment
Fund	41,604	-	-	-	-	41,604
Southwark
Council -
Empowering
Communities	-	2,700	(300)	-	-	2,400
Charterhouse	-	9,000	(9,000)	-	-	-
Millwall Albion	-	1,000	(1,000)	-	-	-
Places for
People	-	3,000	(3,000)	-	-	-
Millwall Rugby
Club	-	700	(700)	-	-	-
Southwark
Council
Neighbourhood	3,810	-	(3,810)	-	-	-
Rotherhithe
Consolidated
Charities	-	5,611	(5,611)	-	-	-
Co-op food bank
donation	-	1,216	(1,216)	-	-	-
Warm Haven	-	22,500	(22,500)	-	-	-
Newham Council
Foodbank	-	23,250	(23,250)	-	-	-
Perinatal Mental
Health	-	5,000	(5,000)	-	-	-
Skipton donation	-	878	(878)	-	-	-
East End
Community
Foundation	-	18,742	(18,742)	-	-	-
London
Marathon
Foundation	-	16,249	(16,249)	-	-	-
Making a
difference locally	-	1,767	(1,767)	-	-	-
Island Sports
Trust	-	217,692	-	-	-	217,692

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17. Statement of funds (continued)

Statement of funds - current year (continued)

Southwark Charities Iron Mongers Total of funds	Balance at 1 April 2024 £ - - 45,414 2,645,839	Income £ 4,940 5,000 374,452 1,014,990	Expenditure £ (4,180) (5,000) (131,830) (1,018,374)	Transfers in/out £ - - - -	Gains/ (Losses) £ Balance at 31 March 2025 £ - 760 - - - 288,036 (21,971) 2,620,484

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17. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds Designated funds Future Capital Investment Fund Arches Project Fund Minibuses for Playcare Fund Building Fund Fixed Asset Fund General funds General Fund Total Unrestricted funds Endowment funds Stanley Spooner Will Trust Fund	Balance at 1 April 2023 £ 1,581,422 150,000 49,338 200,000 352,984 2,333,744 89,088 2,422,832 300,000	Income £ - - - - - - 643,779 643,779 -	Expenditure £ (209,967) - (16,445) - (33,361) (259,773) (652,121) (911,894) -	Gains/ (Losses) £ - - - - - - 145,708 145,708 -	Balance at 31 March 2024 £ 1,371,455 150,000 32,893 200,000 319,623
					2,073,971
					226,454
					2,300,425
					300,000

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17. Statement of funds (continued)

Restricted funds Arches Redevelopment Fund UK Health and Wellbeing fund Charterhouse Groundwork Access Sport Albion St Charity Southwark Council Neighbourhood Rotherhithe Consolidated Charites British Land Company Warm Haven Newham Council Foodbank Perinatal Mental Health East End Community Foundation Southwark Council Olympic Legacy Making a difference locally Island Sports Trust Total of funds	Balance at 1 April 2023 £ 41,604 - 9,020 - 1,380 1,000 2,100 - - - - - - - - - 55,104 2,777,936	Income £ - 10,000 - 1,125 - 1,000 8,669 5,034 16,000 4,400 28,312 5,000 10,000 44,090 3,000 18,000 154,630 798,409	Expenditure £ - (10,000) (9,020) (1,125) (1,380) (2,000) (6,959) (5,034) (16,000) (4,400) (28,312) (5,000) (10,000) (44,090) (3,000) (18,000) (164,320) (1,076,214)	Gains/ (Losses) £ - - - - - - - - - - - - - - - - - 145,708	Balance at 31 March 2024 £ 41,604 - - - - - 3,810 - - - - - - - - -
					45,414
					2,645,839

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18. Summary of funds

Summary of funds - current year

Designated funds General funds Endowment funds Restricted funds	Balance at 1 April 2024 £ 2,073,971 226,454 300,000 45,414 2,645,839	Income £ - 640,538 - 374,452 1,014,990 Balance at 1 April 2023 £ 2,333,744 89,088 300,000 55,104 2,777,936	Expenditure £ (192,792) (693,752) - (131,830) (1,018,374) Income £ - 643,779 - 154,630 798,409	Transfers in/out £ (38,517) 38,517 - - - Expenditure £ (259,773) (652,121) - (164,320) (1,076,214)	Gains/ (Losses) £ Balance at 31 March 2025 £ - 1,842,662 (21,971) 189,786 - 300,000 - 288,036 (21,971) 2,620,484 Gains/ (Losses) £ Balance at 31 March 2024 £ - 2,073,971 145,708 226,454 - 300,000 - 45,414 145,708 2,645,839
Summary of funds - prior year
Designated funds General funds Endowment funds Restricted funds

19. Related party transactions

The Charity employs one of the CEO's children, during the year they received total remuneration of £32,414 (2024 - £32,414) and employer's national insurance of £3,218 (2024 - £3,218) . The employment contract and salary rates are part of the normal course of the Charity's operations and have been carried out on an arm's length basis.

20. Pension commitments

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the Charity to the fund and amounted to £9,930 (2024 - £10,817) . Contributions totalling £2,269 (2024 - £2,445) were payable at the balance sheet date and included in creditors.

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21. Analysis of net assets between funds

Analysis of net assets between funds - current year

Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 2025 £ 537,063 1,676,354 (151,758) (29,211) 2,032,448	Restricted funds 2025 £ 25,580 - 262,456 - 288,036	Endowment funds 2025 £ - 300,000 - - 300,000	Total funds 2025 £ 562,643 1,976,354 110,698 (29,211) 2,620,484

Analysis of net assets between funds - prior year

Tangible fixed assets Fixed asset investments Current assets Creditors due within one year Total	Unrestricted funds 2024 £ 552,516 1,757,388 34,393 (43,872) 2,300,425	Restricted funds 2024 £ - - 45,414 - 45,414	Endowment funds 2024 £ - 300,000 - - 300,000	Total funds 2024 £ 552,516 2,057,388 79,807 (43,872) 2,645,839

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22. Reconciliation of net movement in funds to net cash flow from operating activities

Net expenditure for the year (as per Statement of Financial Activities) Adjustments for: Depreciation charges Losses on investments Interest received (Increase)/Decrease in debtors Increase/(Decrease) in creditors Net cash used in operating activities 23. Analysis of cash and cash equivalents Cash in hand 24. Analysis of changes in net debt	2025 £ (25,355) 69,359 21,971 (45,259) (9,447) (14,748) (3,479) 2025 £ 77,525	2024 £ (132,097) 49,806 (99,759) (25,342) 1,073 (20,030) (226,349) 2024 £ 60,265

	At	1 April		At 31 March
		2024	Cash flows	2025
		£	£	£
Cash at bank and in hand		60,265	11,571	71,836

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