## 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. 


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 



�������������������� 

Page 6 

## 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 


**----- Start of picture text -----**<br>
and be herself.<br>is, creating a space where she can relax, have fun,<br>**----- End of picture text -----**<br>


## 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: 


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


**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._ 




**----- Start of picture text -----**<br>
Page 19<br>**----- End of picture text -----**<br>


## 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._ 




**----- Start of picture text -----**<br>
Page 21 o e<br>**----- End of picture text -----**<br>


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 



Page 22 

## 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. 



Page 30 

## **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:** 

**(£)** 


**----- Start of picture text -----**<br>
ak assessment,<br>**----- End of picture text -----**<br>


|Equities<br>Fixed Interest|**(£)**<br>5,174,203<br>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<br>Brewin Dolphin Main Fund<br>Brewin Dolphin Alice Gestetner Fund<br>Brewin Dolphin Small Grants Fund|3.1%<br>3.5%<br>3.7%<br>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 & 



Page 34 

## **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<br>**TOTAL**<br>G<br>mowermmance||729<br>619<br>**1,450**||804<br>543<br>**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** 



�������������������� 

Page 42 

## 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 


**----- Start of picture text -----**<br>
|||
|---|---|
|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|
|-|
|-|
|-|

**----- End of picture text -----**<br>


## **7. NET INCOME / (EXPENDITURE)** 

Operating lease rentals 


**----- Start of picture text -----**<br>
|||
|---|---|
|2025|2024|
|Total|Total|
|£|£|
|253,490|
|31,165|
|84,865|
|33,759|

**----- End of picture text -----**<br>




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**<br>-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**<br>-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**<br>**are represented by:**|Unrestricted<br>General|Designated<br>Unrestricted|— Restricted<br>Funds|**2025 Total**<br>**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_<br>_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_||_159,515_**10,866,345**||





Page 59 

## **26. SUBSIDIARY CHARITY** 


**----- Start of picture text -----**<br>
|||
|---|---|
|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|

**----- End of picture text -----**<br>



**----- Start of picture text -----**<br>
|||
|---|---|
|2025|2024|
|£|£|
|420,839|
|(424,915)|
|(4,075)|
|507,803|
|180,879|
|(421,952)|
|(166,050)|
|100,681|
|93,474|
|7,206|
|-|
|100,681|

**----- End of picture text -----**<br>




## **Learning Disability Network London** 

16a Croxley Road 

London 

020 8968 7376 hello@ldnlondon.org 

www.ldnlondon.org