Charity Number: 802103
Company Number: 02408836 (England & Wales)
Greenwich Mencap
(A company limited by guarantee)
Annual Report and Audited Accounts
For the year ended 31 March 2025

Greenwich Mencap
Charity Information
For the year ended 31 March 2025
Management Committee
A Pearlgood - Chair
Director of Service
Registered Office
Auditors
Bankers
Company Number
Charity Number
S Hutton - appointed 6 December 2024
M Lehane - appointed 1 February 2025
A Balestrini - appointed 22 July 2025
J Lawson - resigned on 6 December 2024
C Swift - resigned on 6 December 2024
T Looker
Greenwich Mencap
Woolwich Common Enterprise Centre
Peace Street
London
SE18 4HX
Simpson Wreford LLP
Wellesley House
Duke of Wellington Avenue
Royal Arsenal
London SE18 6SS
CAF Bank Ltd
25 Kings Hill Avenue
West Malling
Kent ME19 4JQ
02408836 (England & Wales)
802103

Greenwich Mencap
Annual Report and Accounts
For the year ended 31 March 2025
1-8.
9-11.
12.
13.
14.
15-23.
Contents
Trustees' report
Independent auditors' report
Accounts comprising;
Statement of financial activities
Balance sheet
Statement of cash flows
Notes to the accounts

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
The trustees are pleased to present their annual directors' report together with the financial statements of the
arity for the year ending 31 March 2025 which are also prepared to meet the requirements for a directo
port and accounts for Companies Act purpose
Constitution
The company is a charitable company (charity number 802103) limited by guarantee (company number
and activities section of this trustees' report.
The registered office which is the principal office and the Management Committee are disclosed on the charity
information page.
Compliance
The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum
and Articles of Association, and 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 (FRS102) (effective 1 January 2015).
Structure, Governance and Management
Governance
As stated above, Greenwich Mencap is governed by a Memorandum and Articles of Association. The
Articles state that the maximum number of members on the Board of Trustees shall not exceed 12.
The Board of Trustees, who may exercise all the powers of the Charity, has a strategic overview of the
business of the organisation. Ordinary Board of Trustees' meetings facilitate discussion and decision-
making regarding the strategic direction of the organisation and ratify Policies drafted by WorkNest HR
Consultants that are updated regularly, though not necessarily annually.
The Board of Trustees have Ordinary Meetings at least each quarter with the CEO and Finance Manager
to provide opportunities for Trustees to consider issues in greater detail. These meetings are being held
on zoom since March 2020 due to the Coronavirus.
The Director of Services also meets regularly for informal discussions with the Chair of Trustees and
Treasurer.
Terri Looker was appointed as Director Services on 1st July 2017.

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
Elections and Appointments
New members to the Board of Trustees are recruited via articles in the Greenwich Mencap newsletter,
internet, HR recruitment sites and personal recommendation.
instruction and attending structured training on Governance. Trustees are required to complete formal
and in-house training.
Trustees are appointed at an Annual General Meeting (AGM) and shall take office from the end of that
meeting. Existing members of the Board shall retire from office at the end of each AGM unless re-elected or
re-appointed. Subject to article 42, no person shall be appointed or re-appointed as a Trustee at any General
Meeting unless he or she has been nominated by one or more members by written nomination, delivered to the
Company Secretary at least seven days before the date appointed for the meeting, together with notice executed
by the nominee of his or her willingness to be appointed or reappointed. Provided that if no nominations for a
particular vacancy are made in that period, nominations for the vacancy shall be accepted at the meeting.
Responsibilities of the Trustees
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in
accordance with applicable law and regulations and in accordance with United Kingdom Accounting Standards
(United Kingdom Generally Accepted Accounting Practice).
Under new GDPR regulations, the ultimate responsibility for data protection compliance lies with the trustees.
Company law requires the charity trustees to prepare financial statements for each year which give a true and
fair view of the state of affairs of the charitable company and of the incoming resources and application of
resources, including income and expenditure of the charity for that period.
In preparing the financial statements the trustees are required to:
• select suitable accounting policies and then apply them consistently;
• observe the methods and principles in the Charities SORP;
• make judgements and estimates that are reasonable and prudent;
• state whether applicable accounting standards have been followed subject to any material departures
disclosed and explained in the financial statements; and prepare the financial statements on the going
concern basis unless it is inappropriate to presume the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and enable them to ensure that the financial statements comply
2

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence
taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in other jurisdictions.
So far as each Trustee is aware, there is no relevant information (information needed by the charity's
independent examiners in connection with preparing their report) of which the charity's examiners are unaware;
and each director has taken all the steps that he ought to have taken as a director in order to make himself aware
of any relevant audit information and to establish that the charity's examiners are aware of that information
and to establish that the charity's examiners are aware of that information.
Charities Structure and Management
The Board's support of the Director of Services as the strategic leader of Greenwich Mencap is reflected in the
development of Greenwich Mencap's Plan and further professionalisation of the permanent contracted staff
through structured training courses.
In 2024/25, the Senior Management Team (SLT) consisted of the CEO (Terri Looker), Independent Support
Manager (Sally Ettridge), Finance Manager (James Thorpe), Arts and Crafts Lead (Samuel Kenny), Riverwood Lead
(Marie Masher), and Greenlights Manager (Aquila Davis).
Affiliations
Greenwich Mencap is affiliated to Royal Mencap Society as a Mencap Partner and is guided by their standards
in relation to policies, procedures and conduct. Whilst Greenwich Mencap receives some support in kind from
them, it does not receive any direct funding.
Greenwich Mencap has a good relationship with Royal Mencap Society as well as many other charities in the
borough that have similar objectives. It prides itself on having the communication skills and flexibility to
produce the best outcomes for our members and service users.
Financial Review and Reserves
The trading results for the year and the charity's financial position at the end of the year are shown in the
attached financial statements. The net surplus for the year is £16,133.
The trustees have set a minimum level of six months of operating costs for the organisations desired level of
reserves. Currently the minimum of one month's expenditure will be £60,000. Total free unrestricted reserves
totalled £354,247, excluding Riverwood (£112,059), and a legacy received currently held as investments
(£674,664), both of which have their own designated funds. Of these unrestricted funds, £15,486 is held as
fixed assets, leaving £338,761 as accessible free reserves.
3

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
While there are no formal restrictions on the legacy the Letter of Wishes with it stated that it was for the long-
term sustainability of the charity, as such the Trustees have chosen to treat it as an endowment and have
designated these funds. Any income generated will be used for the future sustainability of the charity.
Performance
Each project has aims and objectives for the year and the outcomes are recorded in the form of monitoring
figures, budget tracking and service user feedback. Each service produces regular monitoring to the
Management, Trustees and funding organisations. The finance Manager matches up Profit & Loss figures witl
he SMT to ensure performance to budget targets. These are then presented to the Director of Services an
trustees for further scrutiny.
Trustees
The trustees, who are also directors of the company, who served during the year, were;
Anthony Pearlgood (Chair)
Jonathan Sellars (Treasurer)
J Lawson - resigned on 6 December 2024
C Swift-resigned on 6 December 2024
S Hutton - appointed 6 December 2024
M. Lehane - appointed 1 February 2025
A Balestrini - appointed 22 July 2025
L Smyth
T Smyth
As Chair, I would like to express my sincere appreciation to the both the current Trustees and our former
colleagues for their valuable contributions to the work of Greenwich Mencap over the past year.
Risk Management
The Trustee Board has identified the major risks to which the charity may be exposed and has implemented
systems and procedures to mitigate risks. There are sound internal controls in force to safeguard the charity's
Risks have been categorised and areas of risks identified as Low, Medium and High. A Risk Assessment folder
contains Risks that safeguard our staff, volunteers and service users. Risk Assessments are routinely carried
out and reviewed by Department Managers (SMT) within the organisation.
Principal Risk
• RBG funding
• Greenlights funding
• LLW annual increases
4

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
HR Review
Greenwich Mencap has reviewed its HR procedures and has instructed Ellis Whittam consultants and is
confident that their procedures are sound and robust.
Stakeholders
In addition to the Royal Mencap Society, Greenwich Mencap has a good relationship with many other charities
1 the Royal Borough of Greenwich that have similar objectives, and with our other stakeholders. It pride
self on having the communication skills and flexibility to produce the best outcomes for our members an
service users.
15-11•25
Approved by the Board of Trustees on ..
.... and signed on its behalf by:
ateaufo
Anthony Pearlgood
Chair of Trustees

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
Chairman's Report
I would like to open this report by reminding everyone of what Greenwich Mencap continues to stand for:
Our Vision
• A society which values people with a learning disability.
Our Mission
• To listen to the aims, hopes and aspirations of people with a learning disability and their families and
carers.
• To enable and empower all children and adults with a learning disability and their families and carers
to achieve their full potential.
• To encourage and promote public awareness of the positive contribution and potential of people with
a learning disability.
• To enlist the support of the general public through publicity and fundraising.
• To campaign for and represent the interests and needs of people with a learning disability, and their
families and carers, to the statutory authorities and other relevant agencies.
• To provide quality social and leisure activities, and opportunities for self advocacy.
• To promote training and work experience, leading to employment opportunities for people with a
learning disability.
• To promote the provision of quality residential and respite care with the support of the local
community, the statutory authorities and other organisations.
• To recruit, train and support users, carers and volunteers to achieve these aims.
• To run Greenwich Mencap using sound management principles, systems and tools.
Our Objectives
Our Governing Document states that Greenwich Mencap's aims and objectives are:
a. To promote, campaign for and support the needs and rights of children, young people and adults
with a learning disability and their families, and to deliver services to this effect;
b. To support the inclusion agenda and recognise their rights under the Children & Families Act and
the Care Act to choose what is right forthem.
In the course of doing so we may also promote, campaign for and support the needs and rights of
children, young people and adults with a learning disability and their respective families, and to
deliver services to this effect. Greenwich Mencap values diversity in principle and practice, and
6

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
works within an equal opportunities framework as it relates to children, young people and adults
with learning disabilities and their families, employees, partnership services and society in general.
c. To develop and deliver high quality, person/family- centred, specialist and inclusive age appropriate
services for children, young people and adults with learning disabilities and their families. The
primary area of benefit will be the London Borough of Greenwich, but includes those who are placed
in residential care situations by the Royal Borough of Greenwich outside its geographical area.
However, in ensuring the ongoing viability of the company, Greenwich Mencap may develop
provisions outside of this region.
Achievements in 2024/25
Though it has been a very challenging time due to the rise in the cost of living and the annual increase to the
London Living Wage (unusually high) we continued to make efficiencies and financial savings whilst continuing
to provide high quality services that meet the needs of our members and service users.
We were awarded £15,000 from The Garfield Weston Foundation and £44,796 from City Bridge for the
Greenlights project. For the Life Skills Centre we were awarded £5,000 from Screwfix, £5,000 from The Drapers
Company (SWBF), £20,000 from The Baily Thomas Charitable Fund, £750 from Kaye Charitable Trust, and
£12,500 from RBG Healthier Community Fund. RBG awarded a £2.60 increase per Riverwood placement.
Donations
We are grateful for all of our donations, but a special thank you is due to:

Greenwich Mencap
Trustees' Report
For the year ended 31 March 2025
NAME
Allen Mrs Denise
Atkins Ms J
B.J Purdie
Badger Mrs R
Biggs Mr Adam
Dixon Mr Matthew
Ferguson Miss Donna
King Mrs M
Laukkanen L
Lloyd Mr & Mrs
M Thomson
Mehmet Mrs Janet
Nicholls Mrs Margaret
Prentice Mrs Susan
Russo Mr Alfred
Shanks Ms Jennifer
Stables Ms Alison
Vagg Ms C
Vizena Mrs Bernadette
Warner Mr G & Mrs R
West A & D
TOTAL
TOTAL
10.00
20.00
25.80
70.00
10.00
5.00
5.00
12.00
20.00
20.00
15.00
60.00
60.00
80.00
10.00
100.00
10.00
70.00
5.00
112.50
15.00
735.30
Key Objective
The key objective for the next accounting year will be to ensure that Greenwich Mencap's income exceeds
expenditure through cost savings and increasing income whilst continuing to meet the needs of our Members an
service Users. We aim to do this by introducing an incentive-based membership, new services to reach a wide
audience increasing client numbers and plan more fundraising events
Staff & Volunteers
The positive contribution from all of our staff and volunteers is critical to the success of Greenwich Mencap. My
fellow-Trustees and I wish to place on record their sincere appreciation of the efforts of all staff over the past year,
despite the continuing uncertainties of funding, etc and the changes which have come about within Greenwich
Approved by the Board of Trustees on!!. - 1! - Zand signed on its behalf by:
Apealog
Anthony Pearlgood
Chair of Trustees
8

Independent Auditors' Report to the members of Greenwich Mencap
For the year ended 31 March 2025
Opinion
We have audited the financial statements of Greenwich Mencap (the 'Charity') for the year ended 31 March 2025 which comprise
the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and the related notes to the financial statements.
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).
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;
• have been prepared in accordance with the requirements of the Companies Act 2006.
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 Auditor's 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 UK, including the FRC'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
We have nothing to report in respect of the following matters in relation to which the ISAs (UK) require us to report to you where:
the trustees' use of the going concern basis of accounting in the preparation of the financial statements is not appropriate;
or
the trustees have not disclosed in the financial statements any identified material uncertainties that may cast significant
doubt about the Charity's ability to continue to adopt the going concern basis of accounting for a period of at least twelve
months from the date when the financial statements are authorised for issue.
Other information
The trustees are responsible for the other information. The other information comprises the information included in the annual
report other than the financial statements and our auditor's report thereon. 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.
In connection with our audit of the financial statements, 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 audit or
otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we
are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the
other information. 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.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
• the information given in the trustees' report (incorporating the strategic report and the directors' report) for the financia
year for which the financial statements are prepared is consistent with the financial statements; anc
• the trustees' report (incorporating the strategic report and the directors' report) have been prepared in accordance with
applicable legal requirements.
9

Independent Auditors' Report to the members of Greenwich Mencap
For the year ended 31 March 2025
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have
not identified material misstatements in the Trustees' Annual Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to
you if, in our opinion:
adequate accounting records have not been kept or returns adequate for our audit have not been received from branches
not visited by us;
• the financial statements are not in agreement with the accounting records and returns;
• we have not obtained all the information and explanations necessary for the purposes of our audit;
• the trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take
advantage of the small companies' exemption in preparing the directors' report and take advantage of the smal
companies' exemption from the requirement to prepare a strategic report.
Responsibilities of the trustees
As explained more fully in the trustees' responsibilities statement set out on pages 2-3, the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as
they 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.
Auditor's responsibilities for the audit of the financial statements
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 auditor's 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.
Extent to which the audit was considered capable of detecting irregularities, including fraud
the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and
skills to identify or recognise non-compliance with applicable laws and regulations;
• we identified the laws and regulations applicable to the company through discussions with directors and other
management, and from our commercial knowledge and experience of the computer software and support sector;
• we focused on specific laws and regulations which we considered may have a direct material effect on the financial
statements or the operations of the company, including the Companies Act 2006, data protection and charities commission
regulation;
• we assessed the extent of compliance with the laws and regulations identified above through making enquiries of
management and inspecting legal correspondence; and
• identified laws and regulations were communicated within the audit team regularly and the team remained alert to
instances of non-compliance throughout the audit.
10

Independent Auditors' Report to the members of Greenwich Mencap
For the year ended 31 March 2025
Audit response to risks identified
We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an
understanding of how fraud might occur, by:
• making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual,
suspected and alleged fraud: and
• considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
To address the risk of fraud through management bias and override of controls, we:
• performed analytical procedures to identify any unusual or unexpected relationships:
• tested journal entries to identify unusual transactions;
• assessed whether judgements and assumptions made in determining the accounting estimates set out in Note 1 were
indicative of potential bias; and
•
investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included,
but were not limited to:
agreeing financial statement disclosures to underlying supporting documentation and;
enquiring of management as to actual and potential litigation and claims.
• Review of meeting minutes
•
Enquiring as to any correspondence with Charities Commission
There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from
financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit
procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and
the inspection of regulatory and legal correspondence, if any.
Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve
deliberate concealment or collusion.
Use of our report
This report is made solely to the Charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act
2006. Our audit work has been undertaken so that we might state to the Charity's members those matters we are required to state
to them in an auditor's 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's members as a body, for our audit work, for this report. or for the opinions we
have formed.
Georgina Fox ACA (Statutory Auditor)
for and on behalf of Simpson Wreford LLP, Statutory Auditor
Wellesley House
Duke of Wellington Avenue
Royal Arsenal
London SE18 6SS
Dated: /9:11.2025
11

INCOME FROM:
Greenwich Mencap
Statement of Financial Activities for the year to 31 March 2025
Notes
Unrestricted
funds
Restricted
funds
€
Total 2025 Total 2024
Donations and legacies
Charitable activities
Investment income
TOTAL
EXPENDITURE ON:
Raising funds
Charitable activities
Other
TOTAL
7
7
25,874
438,474
5,794
470,142
220,205
220,205
246,079
167,878
438,474
381,905
5,794
5,104
690,347
554,887
Net gains on investments
NET INCOME/(EXPENDITURE)
Transfers between funds
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS
Balance at 1 April 2024
Balance at 31 March 2025
476,492
476,492
19,150
12,800
-
12,800
1,117,647
1,130,447
216,872
216,872
-
3,333
3,333
11,306
14,639
693,364 620,532
693,364
620,632
19,150
55,514
16,133 (10,232)
-
16,133 (10,232)
1,128,953 1,139,185
1,145,087 1,128,953
The Statement of Financial Activities includes all gains and losses in the year. All income and expenditure derive from
continuing activities.
The notes on pages 15 to 23 form part of these financial statements.
12

Greenwich Mencap
Balance sheet as at 31 March 2025
Notes
10
11
2025
2024
FIXED ASSETS
Investments
Tangible fixed assets
CURRENT ASSETS
Debtors
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT LIABILITIES
FUNDS OF THE CHARITY
Restricted funds
Unrestricted funds
TOTAL CHARITY FUNDS
674,664
15,486
690,150
655,514
20,648
676,162
12
13
107,169
393,813
500,982
(46,046)
75,970
438,388
514,358
(61,567)
15
15
454,936
1,145,086
14,639
1,130,447
1,145,086
452,791
1,128,953
11,306
1,117,647
1,128,953
The accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act relating to
nall companies and constitute the annual accounts required by the Companies Act 2006 and in accordance with th
inancial Reporting Standard in the UK and Republic of Ireland (FRS 102
The financial statements on pages 12 10 23 were approved by the Trustees on! 5 - |1-2nd signed on their behalf by
A Pearigood
seagoof
Company Number: 02408856 (England & Wales)
13

Greenwich Mencap
Statement of Cash Flows
For the year ended 31 March 2025
Notes
2025
Funds
Cash flows from operating activities:
Net cash provided by (used in) operating activities
Cash flows from investing activities:
Proceeds from sale of property plant and equipment
Purchase of property plant and equipment
Net cash provided by (used in) investing activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Change in cash and cash equivalents due to exchange rate movements
Cash and cash equivalents at the end of the reporting period
22
(44,576)
23
23
(44,576)
438,388
393,813
14
2024
Funds
(22,100)
500
(23,994)
(23,494)
(45,594)
483,981
438,388

Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
1.
Accounting Policies
(a) Company information - Greenwich Mencap is a company limited by guarantee, incorporated in England
and Wales and registered as a charity with the Charities Commission. The registered office is Unit 7
Basis of preparation - The financial statements have been prepared in accordance with 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
(FRS102) - (Charities SORP (FRS102)), the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS102) and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in the financial statements are rounded to the nearest f.
The effects of events relating to the year ended 31 March 2025 which occurred before the date of approval
of the financial statements by the Trustees has been included in the financial statements to the extent required
to show a true and fair view of the state of affairs at 31 March 2025 and the results for the year ended on
that date.
Greenwich Mencap meets the definition of a public benefit entity under FRS102. Assets and liabilities are
initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting
policy note(s).
(b) Fixed assets are only capitalised were their value exceeds £250. Depreciation is calculated so as to write off
the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Equipment
25% reducing balance
Motor Vehicles
25% reducing balance
Website Costs
25% reducing balance
(c) Investments are made as part of a portfolio held with an external investment company. The valuation of the
portfolio is remeasured at fair value at the balance sheet date with any profit or loss being recognised in the
statement of financial activity.
(d) Resources expended are recognised in the period in which they are incurred. Resources expended include
attributable VAT, which cannot be recovered.
• Costs of generating funds relates to the costs incurred by the charitable company in raising funds
for charitable work.
• Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities
and services. It includes both costs that can be allocated directly to such activities and those costs
of an indirect nature necessary to support them.
• Governance costs include those costs associated with meeting the constitutional and statutory
requirements.
All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use
of the resource. Costs relating to a particular activity are allocated directly, others are apportioned as disclosed
in (e) below.
15

Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
(e) Resources expended are recognised in the year in which they are incurred. Certain expenditure is directly
attributable to specific activities and has been included in those categories. Support costs which are
attributable to more than one activity are apportioned across cost categories on the basis of an estimate of the
proportion of time spent by staff on those activities.
(f) Grants and donations are recognised in full in the statement of financial activities in the year in which they
are receivable, where they are received in advance, they are treated as deferred income. All deferred income
relates to a period of less than 1 year. Legacies are recognised in full in the year in which they are received.
(g) Funds held by the charity are defined as:
Unrestricted funds
Unrestricted funds are donations and other incoming resources receivable or generated for the objects
of the charity without further specified purpose and are available as general funds.
Restricted Funds
Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which
meets these criteria is charged to the fund.
(h) Liabilities are recognised where probable obligation to transfer economic benefits exist and debtors are
recognised on at the point that the charity becomes entitled to receive income from service provided.
(i) Rentals payable under operating leases are charged to the statement of financial activities on a straight-line
basis over the lease term.
(ji) The charity operates two pension schemes;
• The charity provides a defined contribution pension scheme for all new employees, the assets of
which are held separately from those of the company in an independently administered fund.
Contributions to this scheme are charged to the income and expenditure account as they become
payable.
The charity also provides a defined benefit pension scheme, which is governed and administered by
the London Borough of Greenwich. As such contributions to this scheme are charged to the income
(k) Going concern - there are no material uncertainties about the charity's ability to continue.
(1) Fixed asset investments are measured at fair value, with changes in fair value récognised through the statement
of financial activities.
2. Net outgoing resources
This is stated after charging:
Depreciation
Auditors' remuneration
2025
5,162
6,720
2024
6,882
6,480
16

Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
3. Trustees expenses
No remuneration or benefits in kind was paid to any trustee in the year. No direct reimbursements for
expenses to trustees were made during the financial year.
4. Pension commitments
The following payments were made to the company pension schemes in the year:
2025
2024
efined Benefit Schem
1,236
1,942
uto-enrolment Scheme (Defined Contributior
27,217
12,783
At 31 March 2025, £20,930 (2024: £18,804) was payable to the fund. The defined benefit scheme is a multi-
employer scheme, paid to the London Borough of Greenwich. As such the charity is unable to identify its
share of the underlying gross assets and liabilities of the scheme in a consistent and reasonable basis. The
above figures are based on the current year contributions.
5. Taxation
The charitable company is exempt from corporation tax as all its income is charitable and is applied for
charitable purposes.
6. Staff costs
Staff costs for the year were as follows:
Wages and salaries
Redundancy costs
National insurance costs
Pension costs
2025
488,167
40,296
20,796
549,259
2024
446,311
11,831
34,740
16,289
502,171
The average number of employees during the year was as follows:
2025
Direct staff
22
The number of employees whose annual remuneration was more than £60,000 is as follows
2025
Number
2024
28
2024
Number
£60,001 to £70,000
17

•
7 Voluntary Income
Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
Unrestricted Restricted
Funds
Funds
€
2,624
23,250
25,874
-
220,205
220,205
Donations and gifts
Grants received and spot funding
Total
Grants Received and Spot Funding
Royal Borough of Greenwich - Connecting Communities
Royal Borough of Greenwich - Medical Emergency
City Bridge - Greenlights
Weston Garfield - Greenlights
Community Engagement Programme
Unity Works
The Bailey Thomas Charitable Fund
NHS Greenwich
Groundwork London
Screwfix direct
The Drappers Company
The Kaye Charitable Trust
50,000
24,909
15,000
44,796
30,000
35,500
20,000
:
12,500
5,000
5,000
750
23,250
220,205
7.2 Activities for Generating Funds
Incoming resources from charitable activities
Service fees
Placement fees
Gateway Club
Other income
Riverwood Sales
Total
Total Income
152,874
266,990
3,786
12,723
2,101
438,474
464,348
220,205
18
Total 2025 Total 2024
2,624
243,455
246,079
2,470
165,408
167,878
50,000
24,909
15,000
44,796
30,000
35,500
20,000
12.500
5,000
5,000
750
243,455
50,000
24,909
30,000
35,500
-
24,999
:
165,408
152,874
266,990
3,786
12,723
2,101
438,474
684,553
125,159
254,058
2,109
20
560
381,905
549,783

Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
Donations,
gifts &
legacies
8 Income by activity
Community Engagement Programme
Unity Works
Medical Emergency Support
Riverwood
Connecting Communities
Independent Living Services
Greenlights
Gateway club
Central services
Grants
received Fundraising
30,000
35,500
24,909
50,000
59,796
Other Placement
income
fees
12,723
266,990
2.624
2,624
3,786
43,250
243,455
16,509
266,990
9 Allocation of Support Costs
Independent
Living
Direct costs
Bank and Service Charges
Cleaning
Consultancy
Gateway Club
Groups, Meetings and Socials
Insurance and Fees
Life Skills Expenses
Office Expenses
Personnel Function
Postage - General
Premises Costs
Professional Fees - Audit
Professional Fees - Members
Professional Fees - Payroll
Publicity Costs
Resources & DBS Checks
Salaries and Related Costs
Telephone
Training
Travel
Depreciation
Engagement Emergency Greenlights
828
1,000
9,800
-
120
1,149
9,459
10,879
4,254
3,806
:
844
10,469
1,820
239
967
17,747
3,354
86
179,856
2,385
477
1,954
231,461
4,528
270
2,686
4,621
3,368
4,514
1,304
2,120
45,885
71
-
11
6
22,257
Support costs allocated on the basis of fund size
Management Fee
Support costs are allocated by time spent by central staff and management.
10 Investments
Fair value
At 1 April 2024
Fair value adjustment
At 31 March 2025
Sales
Service
fees
2,101
152,874
2,101
152,874
Total
30,000
35,500
24,909
281,813
50,000
152,874
59,796
3,786
45,874
684.553
Connecting
Communities
Projects govemance
828
10,800
3,870
2,978
70
36
6,903
9,459
21,348
8,377
967
36
21,187
14,172
5.640
557
-
6,720
673
2,537
36,445
902
-
54
477
5,322
521,721
7,887
270
4,872
4,634
27,538
5,875
-
528
Listed
Investments
655,514
19,150
674,664
19

11 Tangible Fixed Assets
Cost
At 1 April 2024
At 31 March 2025
Depreciation
At 1 April 2024
Depreciation charge
At 31 March 2025
Net book values
31 March 2025
31 March 2024
12 Debtors
Trade debtors
Other debtors
Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
Office
Equipment
€
31,755
31,755
30,125
407
30,532
1,223
1,630
Motor
Vehicles
€
31,454
31,454
13,159
4,574
17,733
13,721
18,295
2025
• €
97,463
9,706
107,169
Website
Costs
5,414
5,414
4,691
181
4,872
542
723
13 Creditors
Trade creditors
Other creditors
Accruals and deferred income
2025
4,264
36,262
5,520
46,046
Total
68,623
68,623
47,975
5,162
53,137
15,486
20,648
2024
66,726
9,244
75,970
2024
24,156
31,892
5,520
61,567
14 Analysis of net assets between funds
Restricted funds
Unrestricted funds
Fixed assets
385
689,765
690,150
Net current
assets
14,254
440,683
454,937
Total
14,639
1,130,447
1,145,086
20

Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
15 Statement of funds
Balance
B/fwd
€
Incoming
resources
€
Outgoing
resources
Transfers
Gains or
Losses Balance Cid
Restricted funds
Royal Borough of Greenwich - Transition Worker
Royal Borough of Greenwich - Connecting Communitic
Loyal Borough of Greenwich - Medical Emergenc
Community Engagement Programme
City Bridge - Greenlights
Garfield Weston Foundation - Greenlight
The Bailey Thomas Charitable Fund
11,306
-
:
11,306
Designated fund
ndependent Living Service - Service fees
Riverwood - Service fees, placement fees and sales
Investment portfolio
Unrestricted funds
Total funds
144,259
655,514
799.773
317.874
1,128.953
50,000
24,909
30,000
35,500
44,796
15,000
20,000
220.205
152,874
269,091
421,965
48.177
690.347
11,306
(50,000)
(24,909)
(30,000)
(35,500)
(44,796)
(11,667)
(20,000)
(216,872)
(163,397
301,291
1464688)
(11,805)
(693.364)
... .
:
19.150
19,150
19,150
3,333
14,639
(10,523)
112,059
674,664
776.201
354.247
1.145.086
16 Restricted Funds
Transition Worker
A Transition Worker supports young people with additional needs as they move from childhood into
adulthood, ensuring their journey between children's and adult services is smooth, coordinated, and person
centred. They work closely with the young person, their family, and professionals across education, health
and social care to create a clear plan that reflects the young person's aspirations, strengths, and support needs.
Greenlights
Provides behaviour support and intervention for children with learning disabilities and additional challenging
behaviour.
17 Transfers
No fund transfers have been made during the year.
18 Related parties
The following transactions occurred with known related parties during the financial year:
• S Hutton [Trustee] - £1,572 of fees relating to their time spent organising fundraising activities
•T Looker [Management] - £324 donations to Greenwich Mencap
• T Looker [Management] - f92 reimbursement of travel expenses & office expenses
There were no outstanding balances with any known related parties at the year end.
21

•
Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
19 Other professional services provided by the auditors
1 common with many other charities of our size and nature we use our auditors to prepare and submit retur
the tax authorities and assist with the preparation of the financial statemen
20 Limited liability
The Trustees of the company guarantee to contribute an amount not exceeding fl to the assets of the charity
in the event of winding up.
21 Restricted reserves in deficit
The deficit on Greenlights has been funded from unrestricted fund held for the same purpose. Overall
unrestricted reserves show a surplus of £1,130,446 (2024 - £1,117,647). This is made up of free reserves of
£302,855 and designated reserves of £827,591.
22 Reconciliation of net income/(expenditure) to net cash flow from operating activities
Net (expenditure/income for the reporting period
Adjustments for:
Depreciation charges
(Gains) on investments
Dividends, interest and rents from investments
Loss on the sale of fixed assets
(Increase) in debtors
Increase in creditors
Net cash provided by (used in) operating activities
2025
10,339
5,162
(19,150)
5,794
-
(31,199)
(15,522)
(44,576)
2024
(15,338)
6,882
(55,514)
5,104
7,488
(1,298)
30,576
(22,100)
23 Analysis of cash and cash equivalents
Cash in hand
Total cash and cash equivalents
2025
393,813
393,813
2024
438,388
438,388
22

Greenwich Mencap
Notes to the financial statements
Year ended 31 March 2025
•
24 Operating lease commitments
At 31 March 2025 the charity had outstanding commitments for future lease payments under non-cancellable operating leases
2025
Operating leases which expire:
Within one year
Between two and five years
9,691
12,402
22,093
2024
23