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← The Huddleston Centre In Hackney

2025-03-30-accounts

Company Registered number 02856946 Charity number 1032300

THE HUDDLESTON CENTRE IN HACKNEY (a company limited by guarantee) Annual Report & Financial Statements

31 March 2025

THE HUDDLESTON CENTRE IN HACKNEY Report and accounts Contents

Page
Company information 1
Trustees' report 2
Independent Examiners' report 6
Statement of financial activities 7
Balance sheet 8
Notes to the accounts 9

THE HUDDLESTON CENTRE IN HACKNEY Company Information

Directors

Cassandra Delisser Margaret Cookey Ersan Akinci Sarah Reeves Peter Short

Independent Examiner

Clement Ebinum MSc, FCCA, CISA Clement - Isah Chartered Certified Accountants 55 Ingledew Road London SE18 1AP

Bankers

NatWest Bank Plc 20 Amhurst Road London E8 1QZ

Registered office

Marie Lloyd Centre 329 Queensbridge Road London E8 3LA

Registered number 02856946

Charity number 1032300

1

THE HUDDLESTON CENTRE IN HACKNEY Registered number: 02856946 Trustees' Report for the year ended 31 March 2025

The directors present their report and accounts for the year ended 31 March 2025.

The directors of the charitable company are its trustees for the purpose of charity law.

STRUCTURE,GOVERNANCE AND MANAGEMENT

Status and governing document

The company, number 02856946, is limited by guarantee and has charitable status. The charity registration number is 1032300. It has a Memorandum and Articles of Association as its governing document.

Organisation structure

The Centre is managed on a day to day basis by the Centre's Director. Reporting to the Director is the Projects Manager who is responsible for user directed activities. Youth workers and other staff are employed on a sessional basis to deliver services. They report either to the Projects Manager or directly to the Director. We maintain a flexible organisational structure to enable us to respond to the constantly changing mix of projects.

Setting the direction, and overseeing the whole operation of the Centre is a Management Committee consisting of Trustees who include users, parents and carers of users, and representatives of the Church and local community. Staff are also represented on the Management Committee in a nonvoting capacity.

We also engage specialists to provide financial and legal services. The Management Committee constitutes the directors of the company for the purposes of the Companies Act 2006 and the Trustees for the purposes of the Charities Act 2011.

Volunteers

In addition to trustees we have several volunteers, some assisting in the services for the young people and others helping in other ways

Stakeholders

2

THE HUDDLESTON CENTRE IN HACKNEY Registered number: 02856946 Trustees' Report for the year ended 31 March 2025

OBJECTIVES AND ACTIVITIES

Objectives and aims

The aim of the organisation is to support disabled people in Hackney in the areas of recreation, learning and employment.

Our mission is to enable disabled people and their families to take maximum control of their lives, and play a full and active role in all aspects of the community. We further this mission by:

Significant activities for the year

The activities during the year are as follows:

Public benefit

The trustees have had regard to the Charity Commission guidance on public benefit

Achievements and performance

This was another challenging year; fundraising efforts have been severely affected by competition for available grants. We continue to fund existing activities from reserves and service delivery contracts to keep the charity active. This has been enabled by surplus from legacy receipt, and service delivery contracts

Community involvement

All of our service users, most Trustees and staff, are from Hackney. We involve local people in fundraising, the social events and the performances we stage. We also collaborate with other local organisations and groups supporting young people with disabilities. We partner with others to deliver projects for our users. Further partnerships with local voluntary organisations/groups will be fostered when we move to the Marie Lloyd Centre as we will share the space with AgeUK East London and other groups.

FINANCIAL REVIEW

Risk management

We continually review the risks faced by the Centre and have a comprehensive risk assessment policy and procedure.

3

THE HUDDLESTON CENTRE IN HACKNEY Registered number: 02856946 Trustees' Report for the year ended 31 March 2025

Reserves policy

The charity's unrestricted reserves, at the year end were £62,075. We have a reserves policy to hold a minimum of £70,000 to to safeguard services in the event of unforeseen expenditure, delayed receipts and bad dept. It also provides for the costs of winding up the charity should this ever be necessary. This policy is reviewed annually.

Principal funding sources

PLANS FOR THE FUTURE

Trustees

Cassandra Delisser Margaret Cookey Ersan Akinci Sarah Reeves Peter Short

Recruitment and appointment of new trustees

We are continually looking for new trustees with relevant experience and background to join the Management Committee. We are keen to always recruit people with disabilities and parents/carers of disabled people, and are generally successful in this.

Induction and training of new trusteess

All new trustees undergo a formal induction session. Periodically, when funding permits, we hold training sessions for all trustees.

4

THE HUDDLESTON CENTRE IN HACKNEY Registered number: 02856946 Trustees' Report for the year ended 31 March 2025

Trustees' responsibilities

Company and charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the surplus or deficit of the charitable company for that period. In preparing those financial statements, the trustees are required to:-

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

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 25 September 2025 and signed on its behalf.

Cassandra Delisser Trustee - Chair

5

Independent Examiners' report to the trustees of THE HUDDLESTON CENTRE IN HACKNEY

for the year ended 31 March 2025

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached

Clement Ebinum MSc, FCCA, CISA 55 Ingledew Road London SE18 1AP

25 September 2025

6

THE HUDDLESTON CENTRE IN HACKNEY

Statement of financial activities (including summary income and expenditure account) for the year ended 31 March 2025

Unrestricted
funds
£
Income
Donations and legacies
Charitable activities
2
8,496
Investments
3
1,664
Total
10,160
Expenditure on:
Raising Funds
0
-
Charitable activities
4
55,169
Other
Total
55,169
(45,009)
(45,009)
(Net Expenditure)/net income
(45,009)
Transfers between funds
11
(2,715)
Net movement in funds
(47,724)
Reconciliation of funds:
Total funds brought forward
12
109,799
Total funds carried forward
12
62,075
(Net
Expenditure)/net
income
before tax for the reporting period
(Net
Expenditure)/net
income
after
tax
before
investment		 Restricted
income
funds
£
61,094
-
61,094
-
78,809
78,809
(17,715)
(17,715)
(17,715)
2,715
(15,000)
25,000
10,000		 2025
Total funds
£
69,590
1,664
71,254
-
133,978
133,978
(62,724)
(62,724)
(62,724)
-
(62,724)
134,799
72,075		 2024
Total funds
192,233
2,118
194,351
-
115,471
115,471
78,880
78,880
78,880
-
78,880
38,919
117,799

7

THE HUDDLESTON CENTRE IN HACKNEY Registered number: 02856946 Balance Sheet as at 31 March 2025

Notes
Fixed assets
Tangible assets
7
Current assets
Debtors
8
Investments held as current
assets
9
Cash at bank and in hand
Total current assets
Creditors: amounts falling due
within one year
10
Net current assets
Total Net assets
Funds of the Charity
12
Restricted income funds
Unrestricted income funds
Total funds		 2025
Total
£
16,091
9,348
304
52,699
62,351
(6,367)
55,984
72,075
10,000
62,075
72,075		 2024
Total
£
303
10,175
321
182,345
192,841
(58,345)
134,496
134,799
25,000
109,799
134,799

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime.

Peter Short Trustee -Treasurer Approved by the board on 25 September 2025

8

THE HUDDLESTON CENTRE IN HACKNEY Notes to the Accounts for the year ended 31 March 2025

1 Accounting policies

Basis of preparation

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). (Charities SORP FRS 102), the Charities Act 2011 and the Companies Act 2006.

The charity constitutes a public benefit entity as defined by FRS 102

Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor's intention to make a distribution. Where legacies have been notified to the charity or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of a specified service is deferred until the criteria for income recognition are met.

Tangible fixed assets

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Motor Vehicle 25% on cost Fixtures, fittings, tools and equipment 25% reducing balance

Investments

Fixed asset investments are shown at market value. Provisions are made for temporary fluctuations in value.

Debtors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. Subsequently, they are measured at the cash or other consideration expected to be received.

9

THE HUDDLESTON CENTRE IN HACKNEY Notes to the Accounts for the year ended 31 March 2025

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts

Taxation

The charitable company is exempt from taxation under sections 466 to 493 of the Corporation Tax Act 2010.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Pensions

Contributions to defined contribution plans are expensed in the period to which they relate.

2
Income
Charitable activities:
Short breaks
Fees
Grants and contracts
LBH Learning Disability & Autism -
Grant
LBH Cost of Living Project - Grant
Donations
Awards for All - Grant
Hackney Parochial
HCVS Neighbourhood Facilitator
3
Gross investment income
Short term investments and
deposits and cash on deposit		 Unrestricted
funds
-
460

-
-
1,822
-
-
6,214
8,496
Unrestricted
funds
1,664
1,664		 Restricted
income
funds
5,711
-
49,633
5,750
-
-
-
-
61,094
Restricted
income
funds
-
-		 2025
Total
£
5,711
460
49,633
5,750
1,822
-
-
6,214
69,590
2025
Total
£
1,664
1,664		 2024
Total
£
8,405
640
19,000
-
114,330
10,000
8,000
31,858
192,233
2024
Total
£
2,118
2,118

10

THE HUDDLESTON CENTRE IN HACKNEY Notes to the Accounts for the year ended 31 March 2025

4 Charitable Activities 2025 2024
Unrestricted Restricted
funds funds Total Total
£ £
Club activities 1,981 24,695 26,676 1,655
Other Expenses 13,291 2,658 15,949 4,638
Premises Running Cost 11,529 1,850 13,379 1,850
Staff cost and welfare 27,368 49,606 76,974 70,458
Examiners Fee 1,000 - 1,000 1,000
55,169 78,809 133,978 79,601
5 Operating Surplus 2025 2024
£ £
Surplus is stated after charging:
Independent examination fees 1,000 1,000
Depreciation 5,462 150
6 Employees 2025 2024
£ £
Salaries and wages 84,604 81,890
Social security costs 1,356 1,489
Pension costs 1,514 1,433
Total staff costs 87,474 84,812
No employees received employee benefits (excluding employer pension costs) for the reporting
period of more than £60,000
The charity considers its key management personnel to be the Chair, Treasurer and the director
(CEO)
Number Number
Average number of persons employed by the company 13 12
7 Tangible fixed assets
Plant and
machinery Motor
etc vehicles Total
£ £ £
Cost
At 1 April 2024 3,322 73,945 77,267
Additions 0 21,250 21,250
At 31 March 2025 3,322 95,195 98,517
Depreciation
At 1 April 2024 3,020 73,944 76,964
Charge for the year 150 5,312 5,462
At 31 March 2025 3,170 79,256 82,426
Net book value
At 31 March 2025 152 15,939 16,091
At 31 March 2024 302 1 303

11

THE HUDDLESTON CENTRE IN HACKNEY Notes to the Accounts for the year ended 31 March 2025

8
Debtors
Other debtors
9
Investments held as current assets
Fair value
Listed investments
10 Creditors: amounts falling due within one year
Deferred Income
Taxation and social security costs
Other creditors		 2025
£
9,348
2025
£
304
2025
£
5,367
0
1,000
6,367		 2024
£
10,175
2024
£
321
2024
£
55,000
1,973
1,372
58,345

11 Transfers between funds

During the year £2,715 was transferred from unrestricted funds to restricted funds

12 Funds
At 1 April 2024
(Loss)/profit on activities
At 31 March 2025		 2025
2024
£
£
Unrestricted
funds
Restricted
funds
109,799
25,000
134,799
55,919
(47,724)
(15,000)
(62,724)
78,880
62,075
10,000
72,075
134,799

13 Trustees Expenses

The trustees neither received nor waived any emoluments during the year

14 Contingent liabilities

The Centre had no contingent liabilities as at 31 March 2025 or 31 March 2024.

12

THE HUDDLESTON CENTRE IN HACKNEY Notes to the Accounts for the year ended 31 March 2025

15 Related party transactions

There were no related party transactions in the period under review.

16 Other information

THE HUDDLESTON CENTRE IN HACKNEY is a private company limited by guarantee and incorporated in England. Its registered office is: Marie Lloyd Centre 329 Queensbridge Road London E8 3LA

13

THE HUDDLESTON CENTRE IN HACKNEY Detailed profit and loss account for the year ended 31 March 2025

This schedule does not form part of the statutory accounts

Income
Administrative expenses
Operating (loss)/profit
(Loss)/profit before tax		 2025
£
71,254
(133,978)
(62,724)
(62,724)		 2024
£
194,351
(115,471)
78,880
78,880

14

THE HUDDLESTON CENTRE IN HACKNEY Detailed income and expenditure account for the year ended 31 March 2025

This schedule does not form part of the statutory accounts

Income
Grants and contracts
Fees
Bank Interest receivables
Income from listed investments
Expenses
Wages and salaries
Temporary staff and recruitment
Staff training and welfare
Transport cost
Building costs
Telephone and internet
Club Costs
Subscriptions
Bank charges
Insurance
Computer costs
Website
Depreciation
Sundry expenses
Accountancy fees
Other legal and professional		 2025
£
69,130
460
1,664
-
71,254
76,974
-
-
1,981
13,379
513
24,695
34
99
1,058
1,108
561
5,462
1,874
1,000
5,240
133,978		 2024
£
191,593
640
2,118
-
194,351
84,812
(3,459)
435
2,658
1,850
420
18,911
92
90
1,020
1,090
453
150
335
1,000
5,614
115,471

15