2025-03-31-accounts

Annual Report & Financial Statements 2024/25

1[st] April 2024 - 31[st] March 2025

Learning Disability Network London Ltd. Registered Charity No 801081 Registered Company No 2325273

Contents

Page 3

Contents

Contents
A letter from our Chair	4
Our Trustees’ Report	6
Our Purpose and Values	8
What we do	9
Why we Fundraise	10
Our Social Value Impact	11
Looking Ahead	26
Our Strategic Plan	26
Our Ambitions	28
Our Plans for Next Year	29
Our Finances	31
Our Governance and Management	33
Statement of Trustees’ Responsibilities	35
Independent Auditor’s Report	36
Financial Statements	42
Statement of Financial Activities	44
Group and Charity Balance Sheets	45
Consolidated Cash Flow Statement	46
Statement of Accounting Policies	47
Notes to the Financial Statements	49

Page 4

A letter from our Chair I am pleased to introduce the children and their families six London boroughs. annual report and accounts for Learning Disability Network Recognising. ; early intervention,the we London (LDN) for the year a core focus on Early ending 31 March 2025. Help. When a child has

One of the highlights of my year as Chair of the Board is the point of reflection . affords me.writingWe supporthis in t roductlearn i onng disabled and autistic adults, children and their families across the capital, helping them to live they ora living i Geoundently or share their home with other people.

==> picture [157 x 15] intentionally omitted <==

families, supporters, and staff to engage—and were thrilled to

with learning disabilities. As those

already looking forward to next

Page 5

We remain deeply grateful to everyone who makes our work possible

Ben Clay © « + Anthony Daniels i National Lottery Awards For All aE Rabii El-Husseini ak NKD Paddington Partnership 4« clifford Gundle +© Alex Harris Pallas

Roger Llewellyn in memory of

RBC Brewin Dolphin João Nobre 4 SCG Together Sally Perry ar Serco

The unemployment rates amongst those with a learning disability are truly shocking with only 6% of such

Hilda Shah Sarah Shirley

Organisations . 4 4C Group Westminster Council Barrett Homes ar Your generosity and support & Bellecapital of our work enable us to keep working towards a world a= Bellway Homes where an ordinary life is not an « Chapel of Life extraordinary thing.

People

Lynne Peacock Chair of the Board

Jayne Bown HSBC

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Our Trustees’ Report

(incorporating the strategic report)

Our Trustees’ Report	6
Our Purpose and Values	8
What we do	9
Why we Fundraise	10
Our Social Value Impact	11
Looking Ahead	26
Our Strategic Plan	26
Our Ambitions	28
Our Plans for Next Year	29
Our Finances	31
Our Governance and Management	33
Statement of Trustees’ Responsibilities	35

Page 8

Our Purpose and Values

We work to ensure that people with learning disabilities are safe and healthy and live good lives; that they are valued as equal citizens, can make full use of their community and are able to make decisions about their lives at every opportunity, no matter the level of their disability.

Our values run through everything we do and help us to fulfil our purpose. Our services are delivered on the principles that the people we support:

Are Included as a Can make Choices valued part of the and Decisions about community. their lives.

Are treated with Can Achieve Dignity and their dreams and Respect as valued aspirations . individuals .

Page 9

What we do

Our objective is set out in our Articles of Association: to relieve the charitable needs of people with a learning disability and their families and carers and to promote equality and diversity.

Page 10

Why we Fundraise

We fundraise to tackle social isolation, the vulnerability of loneliness, the impact of poverty, exclusion from the workplace, homelessness, exposure to hate crimes and poor health outcomes for people with learning disabilities.

family programmes.

Page 11

Our Social Value Impact

Our social impact is at the heart of everything we do. Whether through our services for local authorities, such as supported housing, adult and children’s short breaks, or through the charitable activities we fund ourselves, our mission remains consistent: to improve the lives of people with learning disabilities and their families across London.

Page 12 Community Engagement Hubs

We set up our Community Engagement Hubs to support people with learning disabilities to overcome social isolation and develop their independence and confidence. We support people to overcome the inequalities they face, make friends and thrive in their local community.

During the year 125 individuals accessed the Hubs with 254 sessions / workshops taking place (80 individuals with 151 sessions / workshops in 2024) .

Page 13

Lisa’s experience Lisa, has who has a learning disability,

with learning disabilities and to fit. autistic. . people and people prepare them to work as a barista.

Paige’s experience

"Ele Some days I feel like I have a mountain of rocks on top of me. That stops me from going about my day-to-day activities. I feel like there are some rocks on me today and I didn’t feel too well. I thought I wasn’t going to come in for the session, but I reminded myself how much I enjoy the sessions and feeling heard - I am very glad that I made it.

I love coming to the sessions because other people have autism as well and it doesn’t make me feel different. It’s lovely to come to here because things like doodling and stimming is encouraged rather than discouraged, which makes it feel like a safe space.

Page 14

Family Service

Our Family Service helps and empowers families and carers with one-to one advice, skills workshops, therapies and counselling.

support from our Family Services was 440 333).DuringThistheincludedyear, the 208 families supported by our number of families receiving (5024:‘ LDN London service , (2024: 160) and 232 families supported by our KCA service

317 families received one-to-one support (2024: 299), 59 families received parent coaching and portage (2024: 50), 28 families attended group and early bird workshop (2024: 138), and 36 families attended counselling and creative therapy sessions (2023/24 = 36).

Page 15

Jena’s experience

I went to workshops to understand the mental health of autistic people. I learned about helping myself too. They gave me a lot of ideas, including how to be patient and not to get stressed. I learned how to support my daughter when she’s stressed, giving her space, time and understanding her health.

| find it hard to write letters and struggle with my spelling. LDN London helped me write to the Council and to fill in forms. Now, | believe someone will help me. I know where to turn to for advice. More people should know about LDN. I tell others in the community, ‘These are the people to help you.

Helen’s experience

Ada’s experience

I want to express my deepest gratitude for your care and support of my daughter. I

better at expressing her concerns about college and she is sleeping and eating better. I truly appreciate your kindness and support in helping her feel safe and understood.

stability and wellbeing.

Page 16

Kids can Achieve (KCA)

Raif’s experience

KCA is a big part of my life. It provides me with a place to do fun activities and take my mind off other things – it is somewhere to be myself.

KCA provides services in Harrow, which are a safe space where children can play, develop, and join in their community. The services are for children and young adults with special needs and disabilities which offer the same opportunities that all children should enjoy. We work to ensure the children, and their families are safe, happy, and healthy.

child or young person, with 7,853 hours of support provided to 53 children during the year (2024: 8,521 153 crigren) KA also operates holiday Scheines over 11 weeksof the year during Easter, summer, Christmas and half term periods. 1,417 days of holiday scheme were provided to 88 children during the year (2024: 1,454 days/ 94 children). There is an After School Club and weekend club operating during term time for 38 weeks of the year. The main After School Club takes place 5 days per week, Monday to Friday, and the Saturday Stay and Play Group takes place at weekends. 2,863 After School Club sessions were provided to 70 children during the year (2024: 2,857 sessions / 65 children).

sole membership arrangement. In 2024/25 KCA provided support to 132 children

Page 17

Isobel’s experience

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----- Start of picture text -----
and be herself.
is, creating a space where she can relax, have fun,
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Kate’s experience

It’s so important for children to have experiences outside of the home. P loves everyone at KCA and building relationships with other people is good for his independence

wait ¢ é and confidence. It’s like another family: safe ea and secure.

Angela’s experience Angela is a parent of a child that uses KCA

KCA offers great support. It’s great for Jeremy to come to engage with other children his age and to go out during the holidays and do fun activities. It also enables me to spend some one-to-one time with my daughter. It is great for us as a family, and I don’t know what we would have done without it to be honest.

Page 18

Keep it Local

We champion our local community in all our work: from local and sustainable procurement, to hiring local people and partnering with other organisations in our community for events, activities and workshops.

The impact we had in 2024/25 included:

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----- Start of picture text -----
30 100
companies volunteered leading
by members of the public attended our
workshops, providing training and Spotlight On talk and panel discussion
supporting events. about: - What can success look like?
10 30
local learning-disabled people were sessions at the Community
employed as Quality Checkers or at ; Engagement Hub on the topic of
our Community Engagement Hub employment
----- End of picture text -----

30 companies volunteered leading

4C Group’s experience

As an organisation with both ambition and focus, LDN has proven a stalwart community partner. We are proud to lend our support as they empower exceptional individuals.

Metropolitan Police experience

Thank you all for your amazing support for the delivery of our new recruits’ Familiarisation Week. Thank you for inspiring and motivating our new student officers as they take theirfirst steps into the operational side of their learning.

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Maz’s experience

I did a ladybird painting at Art Box London, and it got selected at a shop called Lush. They put it on a box for Mother’s Day. Now it’s in all the Lush shops for Mother’s Day. I actually was shocked that it was selected. I was like, ‘wow’, speechless. I never had that experience before, with my disabilities. I told my support team. I told my family and friends. They gave me positive feedback that they’re proud of me.

Page 20

Quality Checkers

The Quality Checkers programme aims to improve our services, and make sure the voices of people with learning disabilities are at the heart of what we do. The Quality Checkers are a team of 8 people with learning disabilities who are trained in independently assessing the quality of the support we provide.

now play a greater role in deciding whether staff members

John’s experience

Mary’s experience

Good support means listening to people Gg and respecting their views and opinions. We are all different and have different opinions

out if people are able to enjoy the things they want in life.

Gg Doing the training has helped with my confidence, | didn’t think | would be able to speak in front of a group. I am going to push myself to get over my shyness. I’m proud to be a Quality Checker.

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Page 21 o e
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Mo’s experience In February, Mo went on his first Quality Checker visit. Mo says he knows it might take time for people to feel comfortable with him. He met a new person who was ; : we ici very. “ quiet during his visit.1

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LDN Eats (AKA Yhum Yhums)

We recruit, train and employ people with learning disabilities, offering hands-on experience, and The team prepare and serve food and drinks the chance to earn qualifications in hospitality y at events and are paid for their work. o

provided catering at 5 events with major plans in place and funding secured to expand

Jacob’s experience

Valmie’s experience learning disability and ADHD. One of our team, Valmie, has a

Page 24

Adult Housing, Short Breaks and Outreach

with learning disabilities who need 24-hour support. The people who use our services are supported to ensure their individual needs, wants and wishes are met in a homely environment at the heart of their community.

based

At year end, 11,453 weekly support hours were being provided to 203 people across all our adult housing services (11,180 hours to 199 people in 2024).

with learning disabilities at any one time .

At year end, 889 weekly support hours were being provided to 57 people (824 hours for 54 people in

Page 25

Maya’s experience

Paul and Audie’s experience

has a learning impairment.

want to go back to London!”

making a lasagne and homemade

I don’t

Page 26

Looking Ahead: Our Strategic Plan

To achieve our ambitions, we have 6 strategic pillars which support our strategic plan.

aspiration to be the best learning disability organisation

Our strategic pillars are:

Strong, Effective, Resilient

Community EngagementEnding Isolation

Values in Practice

Page 27

LDN People

Health Literate, Health Confident, Health Aware

Good Homes, Good Lives

and implement a learning

Page 28

Our Ambitions

We will continue to be a recognised leader in the provision of support for people with learning disabilities in London.

4 Work with

• a: M

Page 29

Our Plans for Next Year

We are excited to see the impact we have made this year. But we want and need to continue to do more in the coming years.

This will include:

a Creating strong relationships with — local stakeholders and communities to co-create opportunities for employment, volunteering, and skills development, enhancing individual potential and strengthening local economic wellbeing. ak Embedding ethical procurement, local sourcing,

Islington SENDIASS

Employment for People with Learning Disabilities

Refocusing for greater reach

learning disabilities.

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Community Employment Programme

New service in Hammersmith & Fulham

Page 31

Our Finances

interest.

Reserves

ak forecasts for expenditure

LDN London’s reserves policy is informed by its: ak forecasts for levels of income in future years,

Page 32

LDN London’s investments comprised:

(£)

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----- Start of picture text -----
ak assessment,
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Equities Fixed Interest	(£) 5,174,203 2,174,597
Deposits	172,040
Commodities	257,067
Other	652,664
TOTAL	8,430,572

Investments

The income return over the year was:

Brewin Dolphin.

Cazenove Fund Brewin Dolphin Main Fund Brewin Dolphin Alice Gestetner Fund Brewin Dolphin Small Grants Fund	3.1% 3.5% 3.7% 3.8%
TOTAL	3.6%
The medium-term growth in the capital value was:
Capital growth	CPI

Page 33

Our Governance and Management

Structure, Governance and Management

themh to h have d due re g ardard tt o pupu b liclicbenefbenef it guidguidance 5)a Mrr AdamAdam Bh Bharucha ha (Fi(Finance, AA u ditdit & Risk)Ris thepublishedactivitiesbyundertakenthe Charity byCommission the charity.in determining A° Mr Jim Blair The Board has an appropriate range of committees to aW Ms Margaret Butler - resigned. on 2nd October 2024 which are delegated the responsibility for overseeing 4 Mr Martin Haarmans - Honorary Treasurer and monitoring the detail of the key areas of activity (Finance, Audit & Risk, Remuneration and within the organisation and reporting to the Board. The Trustees and committee; members come from Nomination) a wide range of related professional and personal ae‘ Mr lan Jackson (Finance, Audit & Risk) backgrounds. Each committee has terms of reference 4 Dr Simon Jarrett - resigned on 29th March 2025 which outline both purpose and process. The purposes g of the board and committee structure are to set the a Mr David Luscombe (Operations & Safeguarding) strategy of the charity, monitor the activities and & ; ; ; ; performance of the organisation, provide guidance ar Mr Jeff Mendzil (Finance, Audit & Risk and where appropriate and to ensure the organisation is Fundraising) meeting its objectives and working within the law. ak Mrs Lynne Peacock - Chair (Finance, Audit & Risk, We consult with people with learning disabilities, their Remuneration and Nomination) families and carers. These consultations are valuable and 4 Mr Dharmaratnam Raguraj - appointed on 2nd have a direct influence on our decision-making processes. December 2024 The management team is led by the Chief Executive © . . . “Mr Keith Rodwell (Operations & Safeguarding) (Gabby Machell) who reports to the Board of[Trustees.] We operate within a number of London boroughs and a¥ Ms Lindy Shufflebotham (Operations & maintain an office in West London. Safeguarding) LDN London was the sole member of Kids Can Achieve a Mrs Emma Baird - (Fundraising) Ltd (KCA), a charity recognised in England and Wales © oo (Charity Number: 1096796), until 31st October 2024, 3 Mr Michael Webber - Vice Chair (Finance, Audit &

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Trustee Recruitment, Induction and Training

aE ongoing provision of efficient, robust, and sustainable

Environmental Policy

Senior Management Remuneration

by the Nomination Committee. Prior to making appointments, the Trustees review their skills audit to

and skills to the Board.

Risk Management

management team.

Volunteers

Volunteers
	2025 (Hours)	2025 (Hours)	2024 (Hours)	2024 (Hours)
Fundraising		103		126
Corporate TOTAL G mowermmance		729 619 1,450		804 543 1,473

the key risks to the organisation and whether the risk position is improving or worsening. Current significantoo. risk. areas .include the: ak potential changes in contractual arrangements and associated funding ar recruitment,. retention. and training. of staff and the level of agency staff used s¥ management of voids and the maintaining of high-quality accommodation a¥ maintaininga high level of quality services aE rollout ofarange of digital transformation projects

Conduit Funds

Page 35

Statement of Trustees’ Responsibilities The Trustees are responsible for preparing the a , annual report and the financial statements in e, ; accordance with applicable law and regulations. . +e ,. vax pe UND EAN 4 ne) AIRS \ SeVite t \ Company law requires the Trustees to prepare financial statements comply with the Companies Act 2006. statements for each financial year. The Trustees They are also responsible for safeguarding the assets have elected to prepare the financial statements in of the charitable company and the group and hence accordance with United Kingdom Generally Accepted for taking reasonable steps for the prevention and Accounting Practice (United Kingdom Accounting detection of fraud and other irregularities. Standards and applicable law). The Trustees must The Trust ible for th int d not approve the financial statements unless they are Loe itustees are responsible rorme maintenance an satisfied that they give a true and fair view of the state integrity of the corporate and financial information of affairs of the charitable company and the group eee on the charity's website. Legislation in the and nited Kingdom governing the preparation and of the result for that year. dissemination of the financial statements and other In preparing these financial statements, the information included in annual reports may differ Trustees are required to: from legislation in other jurisdictions. ak select suitable accounting policies and then apply So far as each of the Trustees is aware at the time the report is approved:* them consistently; 4 observe the methods and principles in the ar there is no relevant audit information of which the Charities SORP: charitable company’s auditors are unaware; and 4 make judgments and accounting estimates that ak the Trustees have taken all reasonable steps that are reasonable and prudent: they ought to have taken to make themselves ’ aware of any relevant audit information and ak state whether applicable UK accounting standards to establish that the auditors are aware of that information. have been followed, subject to any material departures disclosed and explained in the In approving this Trustees’ Report, the Board are also accounts; approving the Strategic Report included here in their a prepare the financial statements on the going capacity as company directors.

By Order of the Board on 16th October 2025

Gabby Machell Secretary of the Board

Page 36

Independent Auditor’s Report

(Independent Auditor’s Report to the members of Learning Disability Network London Ltd)

Page 38 Independent Auditor’s Report

Opinion

statements is appropriate. We have audited the financial statements of Learning Based on the work we Disability Network London Limited for the year ended . . identified any material Statement and notes to the financial statements significant doubt on the including significant accounting policies. The financial fotwelvecontinuemonthsas a goingfrom when reporting framework that has been applied in their preparation is applicable law and United Kingdom are authorised for issue.

Other information

ak give a true and fair view of the state of the

iF have been properly prepared in accordance with

ar have been prepared requirements of the Basis for opinion

Opinions on other matters prescribed by the Companies Act 2006

Conclusions relating to going concern

ar the information given in the trustees’ report, which

Page 39

ak the strategic report and the directors’ report included within the trustees’ report have been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception

Auditor’s responsibilities for the audit of the financial statements

S¥ adequate accounting records have not been kept; or 4 the financial statements are not in agreement

as we have not received

Responsibilities of trustees

Extent to which the audit was capable of detecting irregularities, including fraud

noncompliancewithlawsandregulations. Weidentified and assessed the risks of material misstatement of the financial statements from irregularities, whether

Page 40

Use of our report

Health and safety and employment legislation.

audit work, for this report, or for the opinions we have formed. ec Cp E Julia Poulter Senior Statutory Auditor

For and on behalf of

London

Date: 12 November 2025

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Financial Statements

Financial Statements	42
Statement of Financial Activities	44
Group and Charity Balance Sheets	45
Consolidated Cash Flow Statement	46
Statement of Accounting Policies	47
Notes to the Financial Statements	49

nirare

Page 44

Statement of Financial Activities

(including the income and expenditure account)

		Unrestricted	Unrestricted	Restricted	Total	Total
		General	Designated	Funds	Funds	Funds
		Funds	Funds		2025	2024
	Note	£	£	£	£	£
INCOME FROM
Incomefrom donations and legacies:
Donations and Legacies	1	15,535	-	44,731	60,266	36,914
Fundraising	2	232	-	26,499	26,731	12,274
Income from charitable activities:		-	-	-
Adult Housing & Respite Services		20,215,488	-	14,450	20,229,939	18,486,549
Community Services		1,221,769	-	113,224	1,334,993	1,406,241
Kids Can Achieve		184,837	-	468,606	653,444	651,118
Investments	3	14,096	275,062	9,005	298,163	295,277
Income from other trading activities	4	91,846	-	4,649	96,496	73,552
Total income		21,743,803	275,062	681,166	22,700,031	20,961,925
EXPENDITURE ON	5
Expenditure on raising funds:
Income Generation Costs *		208,971	-	-	208,971	205,922
Expenditure on charitable activities:
Adult Housing & Respite Services		19,669,154	193,617	14,700	19,877,471	18,385,524
Community Services		1,155,904	253,882	144,698	1,554,484	1,557,755
Kids Can Achieve		282,812	21,763	496,632	801,207	644,516
Total expenditure		21,316,840	469,262	656,031	22,442,133	20,793,717
Net income / (expenditure) before
net gains / (losses) on investments		426,963	(194,200)	25,135	257,898	168,208
OTHER GAINS AND LOSSES
Netgains /(losses) on investments	9	-	(96,180)	(2,204)	(98,383)	633,456
NET INCOME / (EXPENDITURE)		426,963	(290,380)	22,932	159,515	801,664
Transfers between funds		(276,941)	377,621	(100,681)	-
NET MOVEMENT IN FUNDS		150,022	87,241	(77,749)	159,515	801,664
Fund balances broughtforward at		388,712	9,956,272	361,846	10,706,830	9,905,166
1 April 2024
FUND BALANCES CARRIED	13	538,734	10,043,513	284,097	10,866,344	10,706,830
FORWARD AT 31 MARCH 2025

7

Page 45

Group and Charity Balance Sheets

		2025	2024
	Note	£	£
FIXED ASSETS
Tangible fixed assets	8	2,043,908	2,176,947
Investments	9	8,430,572	8,528,955
		10,474,479	10,705,902
CURRENT ASSETS
Debtors	10	1,895,032	2,064,324
Cash at bank and in hand		1,233,784	731,012
		3,128,816	2,795,336
CREDITORS
Amounts due within oneyear	11	(2,590,385)	(2,590,629)
NET CURRENT ASSETS / (LIABILITIES)		538,431	204,707
CREDITORS
Amounts falling more than oneyear	12	(146,566)	(203,779)
NET ASSETS		10,866,344	10,706,830
FUNDS
Restricted Funds	13	284,097	361,846
Unrestricted Designated Funds	13	10,043,513	9,956,272
Unrestricted General Funds	13	538,734	388,712
		10,866,344	10,706,830

Director: Lynne Peacock

Director: Martin Haarmans

Registered Company No 2325273

49 to 59

Page 46

Consolidated Cash Flow Statement

		2025	2024
	Note	£	£
Net movement in funds		159,515	801,664
CASH FLOWS FROM OPERATING ACTIVITIES
Depreciation on tangible fixed assets	8	253,490	265,375
Net losses / (gains) on investments		98,383	(633,455)
Investment income	3	(284,067)	(282,518)
Interest received	3	(14,096)	(12,758)
Interest paid		17,014	19,894
Decrease / (increase) in debtors		169,292	(698,108)
(Decrease) / increase in creditors		(15,979)	143,739
Profit on the disposal oftangible fixed assets		-	(5,430)
Net cash provided by / (used in) operating activities		224,038	(1,203,261)
CASH FLOWS FROM INVESTING ACTIVITIES
Investment income received		284,067	282,518
Interest received		14,096	12,758
Interest paid		(17,014)	(19,894)
Payments to repay loan capital		(41,478)	(29,680)
Disposal proceedsfrom sale oftangible fixed assets	8	-	5,430
Payments to acquire tangible fixed assets	8	(120,451)	(41,394)
Net cash provided by / (used in) investing activities		119,220	209,738
CHANGE IN CASH AND CASH EQUIVALENTS IN THE REPORTING PERIOD		502,772	(191,859)
Cash and cash equivalents at the beginning ofthe reporting period		731,012	922,871
Cash and cash equivalents at the end of the reporting period		1,233,783	731,012

7

Page 47

Statement of Accounting Policies Company Information Critical Accounting Judgements

Critical Accounting Judgements and Estimates

Learning Disability Network London Limited (‘LDN

and assumptions about the carrying values of assets and liabilities that are not readily apparent from other ; ; ;

Basis of Preparation

periods.

liability is estimated based on the best information

Going Concern

Income

Page 48

Cash at Bank and in Hand

Donations and Grants

Financial Instruments

included at the time of receipt from HMRC. Monies instruments. Basic financial are only deferred where there is not yet entitlement to funds relating, to specific‘es activities.rn trade and. other debtors. and recognised at transaction value measured at their settlement value. Expenditure Creditors and Provisions

Funds

Tangible Fixed Assets

4 Unrestricted Designated - Where the funds are

4 Unrestricted General

Pensions

Holiday Pay

Investments

Leased Assets

Page 49

Notes to the Financial Statements

	2025	2024
	Total	Total
1. DONATIONS & LEGACIES	£	£
AC Hotel Group	-	2,786
Clifford Gundle Philanthropic Trust	7,500	-
JHB Charitable Trust	1,000	1,000
Legacies	540	1,016
Maida Vale School	-	7,397
Martin Prozesky	1,200	1,100
Trustee Donations	-	500
Virgin	-	1,560
Other	32,058	10,571
Kids Can Achieve	17,969	10,984
Total Donations & Legacies	60,266	36,914
	2025	2024
	Total	Total
2. FUNDRAISING	£	£
Band Night	1,768	667
Challenge Events	9,533	6,297
Christmas Campaign	2,043
Dragon Boat Race	13,155	1,144
Museum of Brands Event	-	791
Spotlight On Event	232	1,237
Kids Can Achieve	-	2,138
Total Income from Voluntary Fundraising	26,731	12,274
	2025	2024
	Total	Total
3. INVESTMENTS	£	£
Investment Income	284,067	282,518
Bank Interest	14,096	12,758
Total Income from Investments	298,163	295,277
	2025	2024
	Total	Total
4. INCOME FROM OTHER TRADING ACTIVITIES	£	£
Rental Income	96,496	73,552
TotalOtherIncome	96,496	73,552

Page 50

		StaffCosts	Depreciation
		StaffCosts	Depreciation	Other	2025 Total
		£	£	£	£
5. EXPENDITURE ON
(a) Analysis of support costs
Raising funds
	- Income Generation Costs	208,971	-	-	208,971
Charitable activities
	- Adult Housing & Respite Services	16,603,241	193,617	3,080,613	19,877,471
	- Community Services	1,286,086	15,778	252,620	1,554,484
	- Kids Can Achieve	577,904	44,095	179,207	801,207
Total expenditure		18,676,202	253,490	3,512,440	22,442,133
			Direct Cost	Indirect Cost	2025 Total
Raising funds			£	£	£
	- Income Generation Costs		-	208,971	208,971
Charitable activities
	- Adult Housing & Respite Services		16,431,372	3,446,099	19,877,471
	- Community Services		1,327,015	227,469	1,554,484
	- Kids Can Achieve		685,033	116,174	801,207
Total expenditure			18,443,420	3,998,713	22,442,133
For full 2024 comparatives see note 23
(b) Analysis of indirect costs					2025 Total
					£
	CEO, Finance &Admin (Staff Costs)				1,001,964
	Building & Property, HR, IT&SMT (Full				2,931,761
	Costs) and CEO, Finance &Admin (Non-
	StaffCosts)
	Legal Fees &Audit Fees				64,987
	Kids Can Achieve				0
Total					3,998,713
	(c) Basis of indirect costs allocation

(d) Governance costs

Page 51

Sessional Other

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||| |---|---| |2025|2024| |£|£| |15,132,636|13,483,915| |1,525,760|1,320,023| |388,366|336,118| |5,215|28,479| |1,624,225|1,706,767| |18,676,202|16,875,302| |2025|2024| |Total|Total| |Nos.|Nos.| |361|342| |36|43| |115|111| |42|38| |554|534| |2025|2024| |Nos.|Nos.| |547|502| |2025|2024| |Nos.|Nos.| |1| |-|1| |-| |-| |4|1| |-|3| |-| |-| |-|

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7. NET INCOME / (EXPENDITURE)

Operating lease rentals

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||| |---|---| |2025|2024| |Total|Total| |£|£| |253,490| |31,165| |84,865| |33,759|

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Page 52

8. TANGIBLE FIXED ASSETS									Building Im-
									provements,
		Freehold	Freehold						Fixtures
		Land and	Land and	Leasehold		Leasehold	Motor		Fittings and
		Buildings		Buildings			Vehicles		Computers	Total
		£			£		£		£	£
COST
At 1 April 2024		1,795,327			111,241		74,474		2,698,322	4,679,364
Additions			-			-		-	120,451	120,451
Disposals*			-			-	(29,279)		(248,435)	(277,714)
At 31 March 2025		1,795,327			111,241		45,195		2,570,338	4,522,101
PROVISION FOR DEPRECIATION
At 1 April 2024		601,398			59,004		64,863		1,777,152	2,502,417
Charge for the year		20,384			2,225		1,671		229,210	253,490
Depreciation on disposal *			-			-	(29,279)		(248,435)	(277,714)
At 31 March 2025		621,782			61,228		37,256		1,757,927	2,478,193
NET BOOK VALUE
At 31 March 2024		1,193,929			52,237		9,611		921,170	2,176,947
At 31 March 2025		1,173,545			50,013		7,939		812,411	2,043,907
*Represents assets no longer in use or fully depreciated.
9. FIXED ASSET INVESTMENTS
Investments relate to the amounts	which have been	set aside by		LDN	London	to fund part ofthe		the family services		team, an
LDN Community Engagement post	and delivery costs, a Digital		Development post and grants					provided bythe Alice Gestetner
Fund. Thefunds are placed with discretionary investment managers.
									2025	2024
									£	£
Market Value at 1 April									8,528,955	7,895,500
Disposal proceeds									-	-
Additions at cost									-	-
Increase /(Decrease) in cash held in the portfolio									-	-
Unrealised & Realised Gains / (Losses)									(98,383)	633,455
Market Value at 31 March									8,430,572	8,528,955
Historical Cost at 31 March									8,237,457	8,237,457
Revaluation Reserve									193,115	291,498
Analysis of investments is as follows:									2025	2024
									£	£
UK	Fixed Interest								1,287,450	1,189,794
	Equities								966,254	1,018,838
	Cash								172,040	240,287
Overseas	Fixed Interest								887,147	809,844
	Equities								4,207,949	~~4,528,849~~
Commodities	Commodities								257,067	183,969
Other	Other								652,664	557,374
Total	Total								8,430,572	8,528,955

9. FIXED ASSET INVESTMENTS

Page 53

10. DEBTORS
	2025	2024
	£	£
Fees and grants receivable	1,475,057	1,807,894
Other debtors	8,079	14,339
Prepayments and accrued income	411,897	242,091
	1,895,032	2,064,324
11. CREDITORS -Amounts falling due within one year:
	2025	2024
	£	£
Loans	47,464	31,730
Trade creditors	538,033	610,289
Tax and Social Security	529,070	371,619
Accruals and deferred income*	1,475,817	1,576,992
	2,590,385	2,590,630
Accruals and deferred income includes a balance of£45,295 (2024: £28,986) that relates to deferred income. The
movements on this balance can be reconciled as follows:
	£
Opening Balance 1st April 2024	28,968
less Income Recognition	(28,968)
add Deferred Income	45,295
Closing Balance 31st March 2025	45,295
12. CREDITORS -Amounts falling due after more than one year:
	2025	2024
	£	£
Loans	146,566	203,779
Analysis of Loans
Amount repayable within 5 years	194,031	86,950
Amount repayable after 5 years	-	148,559
	194,031	235,509
included in current liabilities	(47,464)	(31,730)
	146,566	203,779
Loan maturity analysis
In more than one year but not more than two years	49,868	12,153
In more than two year but not more than five years	96,698	43,068
In more than five years	-	148,559
	146,566	203,779

Page 54

13. ANALYSIS OF MOVEMENT OF RESERVES

	1-Apr	Income	Expenditure —	— Transfers	Net	31-Mar
	2024			Between	Movement	2025
				Funds /
				Revaluation
	£	£	£	£	£	£
Unrestricted General Funds	388,712	21,743,803	(21,316,840)	(276,941)	150,022	538,734
Unrestricted Designated Funds
Investment Fund	7,899,248	260,493	(236,265)	(117,139)	(92,911)	7,806,337
Other Fixed Assets Fund	420,291	-	(196,947)	151,451	(45,496)	374,795
Property Fund	1,246,166	-	(22,609)	-	(22,609)	1,223,557
Small Grants Fund	390,568	14,569	(1,838)	(16,000)	(3,269)	387,299
KCA Property Fund	~~-~~	~~-~~	~~(11,603)~~	~~263,129~~	~~251,526~~	251,526
	~~9,956,273~~	~~275,062~~	~~(469,262)~~	~~281,441~~	~~87,241~~	10,043,514
Restricted Funds
Alice Gestetner Fund	239,139	9,005	(9,005)	(2,204)	(2,204)	236,936
LDN Hub Fund	17,951	139,004	(134,793)	-	4,211	22,162
LDN Eats Fund	-	25,000	-	-	25,000	25,000
Restricted Donations Fund	-	15,600	(15,600)	-	-	-
Kids CanAchieve Fund	~~104,756~~	~~492,556~~	~~(496,632)~~	~~(100,681)~~	~~(104,756)~~	-
	361,846	681,166	(656,031)	(102,884)	(77,749)	284,097
Total Funds	10,706,831	22,700,031	(22,442,133)	(98,383)	159,515	10,866,345

For full 2024 comparatives see note 24

Unrestricted Designated Funds

Restricted Funds

Page 55

Transfers Between Funds / Revaluation

14. ANALYSIS OF NET ASSETS BETWEEN FUNDS

	Unrestricted	Unrestricted	—Restricted
Funds at 31 March 2025 are represented by:	Unrestricted General	Designated Unrestricted	— Restricted Funds	2025 Total Funds
	Funds	Funds
	£	£	£	£
Tangible fixed assets	-	2,043,907	-	2,043,907
Investments	-	8,193,636	236,936	8,430,572
Net current assets / (liabilities)	538,734	(194,030)	193,728	538,432
Long term liabilities	-	-	(146,566)	(146,566)
Total Net Assets	~~538,734~~	~~_10,043,513~~	~~284,097~~	10,866,344

Long term liabilities

Total Net Assets

Long term liabilities 2024

15. CONDUIT FUNDS

£

16. TAXATION

17. PENSIONS

18. TRUSTEES’ INTERESTS

Page 56

19. OPERATING LEASE COMMITMENTS

less than 1	1 to 5	over 5	31-Mar	31-Mar
year	years	years	2025	2024
£	£	£	£	£
96,308	168,000	462,000	726,308	42,159
40,135	95,484	510	136,129	125,299

20. RELATED PARTIES

21. MEMBERSHIP

22. FUNDRAISING

Page 57

23. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES AND INCOME AND EXPENDITURE ACCOUNT (2024)

	Unrestricted	Unrestricted
	General	Designated	Restricted	Total	Total
	Funds	Funds	Funds	Funds	Funds
				2024	2025
	£	£	£	£	£
INCOME FROM
Income from donations and legacies:
Donations and Legacies	18,172	-	18,742	36,914	60,266
Fundraising	2,695	-	9,579	12,274	26,731
Income from charitable activities:
Adult Housing & Respite Services	18,446,761	-	39,788	18,486,549	20,229,939
Community Services	1,360,861	-	45,380	1,406,241	1,334,993
Kids Can Achieve	-	-	651,118	651,118	653,444
Investments	12,759	273,777	8,741	295,277	298,163
Income from other trading activities	69,567	-	3,985	73,552	96,496
Total income (2024)	19,910,815	273,777	777,333	20,961,925	22,700,031
Total income (2025)	21,743,803	275,062	681,166	22,700,031
EXPENDITURE ON
Expenditure on raising funds:
Income Generation Costs *	189,878	-	16,044	205,922	208,971
Expenditure on charitable activities:
Adult Housing & Respite Services	18,080,873	262,603	42,048	18,385,524	19,877,471
Community Services	1,283,052	200,813	73,890	1,557,755	1,554,484
Kids Can Achieve	-	-	644,516	644,516	801,207
Total expenditure (2024)	19,553,803	463,416	776,498	20,793,717	22,442,133
Total expenditure (2025)	21,316,840	469,262	656,031	22,442,133
Net (expenditure) before net gains /
(losses) on investments (2024)	357,012	(189,639)	835	168,208	257,898
Net (expenditure) before net gains / (loss-
es) on investments (2025)	426,963	(194,200)	25,135	257,898
OTHER GAINS AND LOSSES
Net gains / (losses) on investments	-	620,928	12,528	633,456	(98,383)
NET INCOME / (EXPENDITURE)	357,012	431,289	13,363	801,664	159,515
Transfers between funds	(57,727)	59,916	(2,189)	-	-
NET MOVEMENT IN FUNDS	299,285	491,205	11,174	801,664	159,515

Page 58

24. COMPARATIVE ANAYLSIS OF SUPPORT COSTS (2024)

										2024	2025
		Staff Costs		Depreciation		Other				Total	Total
EXPENDITURE ON		£		£			£			£	£
Analysis of support costs
Raising funds
- Income Generation Costs		205,922			-			-		205,922	208,971
Charitable activities
- Adult Housing & Respite Services		14,952,175		208,072		3,225,277			18,385,524		19,877,471
- Community Services		1,291,622		19,824		246,309			1,557,755	1,557,755	1,554,484
- Kids Can Achieve		425,583		37,479		181,454				644,516	801,207
Total expenditure (2024)		16,875,302		265,375		3,653,040			20,793,717		22,442,133
Total expenditure (2025)		18,676,202		18,676,202 253,490		3,512,440			22,442,133
										2024	2025
				Direct Cost		Indirect Cost				Total	Total
Raising funds				£			£			£	£
- Income Generation Costs					-	205,922				205,922	208,971
Charitable activities
- Adult Housing & Respite Services				15,141,417		3,244,107			18,385,524		19,877,471
- Community Services				1,313,105		244,650			1,557,755	1,557,755	1,554,484
- Kids Can Achieve				457,568		186,948				644,516	801,207
Total expenditure 2024				16,912,090		3,881,627			20,793,717		22,442,133
Total expenditure (2025)				18,443,420		3,998,713			22,442,133
25. COMPARATIVE ANALYSIS OF MOVEMENT OF RESERVES (2024)	25. COMPARATIVE ANALYSIS OF MOVEMENT OF RESERVES (2024)
					Transfers
					Between
	1-Apr				Funds /			Net		31-Mar	31-Mar
	2024	Income	Expenditure		Revaluation			Movement		2024	2025
	£	£		£		£		£		£	£
Unrestricted General Funds	89,427	19,910,815		(19,553,803)		(57,727)		299,285		388,712	538,734
Unrestricted Designated Funds
Investment Fund	7,298,650	259,595		(235,520)		576,523		600,598		7,899,248	7,806,337
Other Fixed Assets Fund	527,404	-		(205,287)		98,173		(107,114)		420,290	374,795
Property Fund	1,268,775	-		(22,609)		-		(22,609)		1,246,166	1,223,557
Small Grants Fund	370,238	14,182		-		6,147		20,330		390,568	387,299
KCA Property Fund	-	-		-		-			-	-	251,526
	9,465,067	273,777		(463,416)		680,843		491,205		9,956,272	10,043,514
Restricted Funds
Alice Gestetner Fund	226,611	8,741		(6,552)		10,339		12,528		239,139	236,936
LDN Hub Fund	26,970	55,292		(64,311)		-		(9,019)		17,951	22,162
Restricted Donations Fund	-	45,075		(45,075)		-			-	-	-
Kids Can Achieve	97,091	668,225		(660,560)		-			7,665	104,756	-
	350,672	777,333		(776,498)		10,339		11,174		361,846	259,097
Total Funds 2024	~~_9:905,166 _20,961,925 ~~		~~(20,793,717) ~~		~~_633,455 ~~		~~_801,663~~			10,706,830	10,841,345
Total Funds 2025	10,706,831	22,700,031		(22,442,133)		(98,383)	(98,383)	159,515		159,51510,866,345

Page 59

26. SUBSIDIARY CHARITY

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||| |---|---| |Income / (Expenditure):| |Income| |Expenditure| |Net income (expenditure)| |Net assets consist of:| |Fixed assets| |Current|assets| |Current|liabilities| |Long term liabilities| |Total net assets| |Reserves:| |Unrestricted|General| |Unrestricted|Designated| |Restricted|Funds| |Total Funds|

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||| |---|---| |2025|2024| |£|£| |420,839| |(424,915)| |(4,075)| |507,803| |180,879| |(421,952)| |(166,050)| |100,681| |93,474| |7,206| |-| |100,681|

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Learning Disability Network London

16a Croxley Road

London

020 8968 7376 [e-mail]

www.ldnlondon.org