2021-06-30-accounts

Company No. 02898308 Charity No. 1035200

Custom House and Canning Town Community Renewal Project

Report & Financial Statements 30 June 2021

Custom House and Canning Town Community Renewal Project Report and accounts Contents Page Reference & administrative infomiation Report of the management committee Independent Examinerfs report Statement of financSal activities 10 Balance Sheet 11 Cash Flow Statement 12 Notes to the financlal statements 13-22

Custom House and Canning Town Community Renewal Project Refernnce & administrative inforniation For the ear ended 30 June 2021 Status The organisation is a charitable company limited by guafantee. incorporated on 15 February 1994 ar¥J registered as a charity on 21 March 1994. Governing document The company was established uThJer a Memorandum of Association which esta￿1Shed the objects and tth¥ers of the charilable company and is govemed under its Articles of Association. The Memorandum and Artides of Association were aMe￿Ied to refle(I the new name of organisation. Management Committee Sarah Ruiz Amala Corera Janet Moffatt Lorraine Starke Frank Rosillt>Calle Freda Ay￿$ Adrian HrJJgson Elizabeth Booker Chair Treasurer rNeD$ite .or uk General Manager John McNeill Cornpany number 02898308 Charity number 1035200 Registered office and operational address The St Luke's Community Cerrtre 89 Tarling Road Canning Town London E16 1HN Independent Examiner Patrick J Gray Chartered Accountant 56 Bracken Drive Chigwell Essex IG7 5RO Bankers National Westminster Bank Easl Ham Branch 37 HKJh Street North LoThJon E6 1HS Page 1

Custyjffl House and C￿nIng Town Con￿￿nity Rtfiw￿ Reportolthe m•nageTherrtcomThit• Forthe •r end￿ 30 June 2021 The rnan8gement ¢ommittee presents rts report and the f￿art￿l stments for Ihe year ended 30 June 2021. whh ¥e also prepared to meet the re¢wirernents for a dire¢tors' report accounts for Companies Act wrpgses. This report has been preparerj in &cordance with the Statement of Recornrnended Prthe- A(tounb"ng and Reporting by Ch￿b￿S IFRS1021 and in xcOrda￿e wlh Ihe speud provNor6 of Pwl 15 of the Cornpar￿ Act 2006 rektmg to smaller enbthes. SIr￿luTe, Gown0n￿ and Management The Charty rwstsred a5 a chantable company knrted by govemEd by its Memorandum and Arkles of Association. The Commrtlee members seTriig durmg the year, and thgse affrenty seTring, we Sh￿ above. The Charity has nts issued share ¢aprtal or (Jeben￿res." herte no thectors. interests require ¢J6dosure. The control anLI ¢ection of the Chanty ts Ihe responsts'kty of the Maryment Committee and rt5 mernbets are elected an¢J co-opted to rt undef the terms of tre Memorandum and Art¢les of Associats'on. Elec1￿j￿ are held at the Chariws Anr￿1 Gener Meeting an<1 the Commrttee can ctropt membws the year. Attendw is good and in on open enmronment people we abk to take up the reigr6 of governa￿. At arty gNen time majorty of members are well aware of their thty and the $￿ern5 in place to do Iher Lty. The Committee delegates rts power the Ch¥ty from day to day to Ihe General Marwr acts on empbyrnent rnaiters. exerc45es routine finanaal control. ewe5 that the essential knolord fu￿￿or6 are propety maffttained and Organ￿e& specific project devebpment and management The General Manager ensures Ihat the Commrttee remain$ inforrned by issuing reports on al aspects ol the organ￿￿On lo every Committee meetng. These repo￿ give DYe¢tor$ regular opportunty to minLrte thew ¥￿es. set and adapt poky rnake binth"rwJ decis￿n5 which create a clear I￿e of a¢countakn'lty. The Management Cornrnrttee has 8sse5sed the major ￿ to the Charty is w)¢)sed, paTtcul¥ those related to Ihe operations and finarLes of Ihe Charity, and B satsfied that systems are N place to mtyate ts eypowre to Ihe rnajor risks. In 2Q15 the Trustees undertook a re¥iew of Ihe Chantys fina￿￿1 standirrfJ order5. Objects and activities The Charity B established for Ihe pr0rnoti￿ of ary chari18ble purposes for the benefft of the re￿dents ol the Custom House and Canrdng Town ar¢as of London. Thwe hwe been no tharw to the objets sIr￿e the Ch¥iWs inception. The pin¢ipal pol¢ies of the Charity to further its objects are as follows.. Devel¢)p and Ma￿taIn Ioc81 twildings a￿1 InfraStr￿tUre for the benefft Of1￿ commuThty ay a rde in the area¥ ove1￿1 regeneration by partKipation in corrtributsjn to local forums Operate and a$$￿t in the opwab.ort of Pfoiects for the benefrt of the commLmty and A5Si5t local community groups and projects from 9jrp1￿ Irom rents from the Ch￿S wopety. Th¢ Charty ￿￿tir￿￿eS to propety manage ts assets li the mterests of the kncal ¥ea and conb.nues to work to ifflprove effic￿ncy. St Luke's and Abraharns con5trbJte sorne 25,￿)0 squ¥e feel of Sp￿ put to good so(#al purpose. The Chartys is let to a range of srKaaty useful tsnants to FKovide urYeslTi1ed cover b)e Chanvs ¢oro ¢0sts and a m¢xlest sixplus tg app￿fOr good pwposes. St. Luke's hows a doubb dTrX(¢s surgery. a ¢0mmL￿ e. a ¢omrThmfy hal and olfres for Ch￿e$ and srnall bwnesses. The only spa¢e remawHng to be developed s the ￿ (the hist￿ altar area at north end of Ihe b￿ding) where long temi plans e￿$t to convert that sp&e into a modem meelng space.

Custom HDu¥e and Conninu T¢)m Cofflfflunity Renewal I R•port ofthe m•nagem￿l￿nn￿NPe Fortht arended JO thjrdt 2021 Activities and Achievements How aclivities deliver pubk bU￿rit The ehaity tarries oul a ￿de range of actrib'es in of its thwit)le The Tntsfres corsder that Ihese adi¥￿"eS dets￿ed bel¢)w, prowde benefit to Ihe pubk. espe¢• Ihose l¢ve in c￿tOrn House and Canning Town and the wder communty of Neam * beyorbj. 21 year5 of 5tbthty sI￿e 2￿0 the Chanty has offi¢e space at St Luke's. makng rt 8 seuxe. ndependent seW-su5taining project tJeprNed p¥i of London. At Ihe bme of Wr￿ng 90% ofthe avalabk offKe spxe was ￿t. The Chanty for its ¢ontwwKies, reserves, bihlding fvnd and other nsks and ¥￿th secure fin￿¢e$. able tc work on projects that benefit the comm￿lty. The greater the suwuses generatet1. Ihe greater the reswrces for thartsb xtNitr•s.The Charty's landlord duts.es we managed by a Genera Manager. Staff The Chws direct staff numbers fell from 16 to 5 kn PEACH fiew Ihe nest n June 2020 These fve ore hea<Jed by the General Manager respon9b￿ to the Management Commrttee. He 15 SJPPOrted by a Fffla￿ia1 Admintstrator and Building Managerfor St. Luke's. 2 staff are wth Parksde aThJ ￿re i8 1 over 50$ worker. The Vlrn$ The unanimous staff Mew was Iha( perniitNJ. they cordinue to attend work and do whatever the Charty trought best an¢J rt has to be said that to the tredit they hwe strtk to tr•$ $￿e dogged￿ and have M￿tained their stst'ons thr¢)ughout. In April 2020 the ChaW5 Twu5tees agreed a genera pkn to make ￿1 the put 5ps in St. L￿e'S avble to ary authorty who rn￿ht need to LM them and or lor the b￿ding to be used in some way to help allewate the anbcipated food deprivabon in the commLmity. It was agreed that the ￿eT 50,5 workers WOLdd be irtreased from 2.5 te 4 days a week to fvrther target Ihe voknerable eklerty and enh￿ Ihe food rekef effct. £20.000 was made available trom reseNes to be spent as nee¢Jed The stall al mucked in to put the Cafe" into we to share the regular cookjng ol food (delivered bythe Counal an¢J pwchased by the Chantyl that is frozen for th"sthbubon. Th81 effort. wa5 Stood dosvn in 2021 contin￿d. amongst other things to dtlNer over 150 me* a •k. Should the sthation wwsen again Ihe Charity wll iesurne thts thty. Th¢ Apse and Other BuildivvJ Herjlage wo The apse of the old St. Luke's Chjrth contarts massNe ffine art mosacs c￿Etiti￿te one of Ne￿arn.5 most important works of art. The moss. 8 core reason for St. Luke's being ltstsd, were sa(fy vandalised at ground floor level before tho ¢H&CTCRP rnoved in. Th? Chaity has taken steps to clean and cover the damage apPropr￿te￿ inn bran¢1 new floor. S¢affdding was ere¢ted so the stonewofk CO￿ be deaned. Now a pkn ￿ underway lo remove the scaffolding and make some final Improvernents to make the P4se ready for use a5 3 bespoke venue. One idea being worked On i8 to r&erect the scaffolding and use rt to repar the 0￿.11¢ copwig Stones at the top ol the south f* of the building.

Custom Hwse and CannirJTowm Rene¥val kniect Reportofth? man•rTrent ¢omThMtte For the arended JO ￿￿20?1 The Communlty Hall During lockdown the ha was re-range¢J to cater for up to 12 peopk SADng at a safe ¢Jstartt with room for phyxa activty. Thp hall continued to be used by a few groups but by and large ceased and dumg Ihe peTK)d of the lo¢kdown the Charty dwj not eam ￿ income trom the hal. This was compen5d ty a generou5 aThJ tsasty obtainable Government funded Retal & H05yf• grant Atlhe ts.me ofwitrg this report the h81 had recovered rts booking5 and ￿ used by a variety of gr￿p$ and for prNate hire by the local commtmrty. The Chanty he¥Js small IC¢￿ groups lh seThe Ihe communty by offering the at a subsidised fate. In the last lul year of hal use was worth over £38.000 a year and now that subsdKsed letkng for groups lehildren, t￿tty, Ihe ¢tsabltdl has res￿1)ed. In 2017 0 newlhjor wrfa¢e and asswated f. ￿.¢$ ￿re instd. The Café The café and ts 5eab.ng afea were not being LLsed at the st¥t of Ihe virus oulbreak and before k)g rt was ￿￿KIed that f( shoiAd be 8 bas￿ for food distrbution Once regular c1)w￿me[ts of foods sta1eil arriving (care of Netham Couroll r( was decided to cook as much of Ihe pershable and uTra51rt)utable food laugrnented by ow own purchases) store r( in suitable freezer cortainr5. The coothg and freezing of rnea5 ￿ di5tn"buic￿ to inOwthJa15 and ￿)U￿$ kept gDing conts'nuou from early Aprl 2020 to jur￿ 2021. Netham COUTh￿ augmented thL% work by g￿lr￿￿ the charity a new freezer and a new thdge. Now there i8 a ￿an to devekjp a cOmm￿ty café. Abiaharn$ The Charity buih and let a new rAx5ery by 2000 obtartd 8 20 year Itase for the property from Ne￿tsm CouncA after whth the Charty has a righl to ￿￿thase outright for a peppercorn. The bLAding ¢9 ujrrenty leased to a Lrthu￿ian commurity organisatr)n th) w the bukng for th"l(kare xtMte& Patkslde In 2007 the Trustees agreed to a5t the Parkside Garden￿￿ Project contTrJes to a59St peoF4e suffering mental health drfficults mto hort￿al work eyperien¢e. The project attracts lunds Irreg￿8￿ and has survived at 8 b8￿C level th financial Corporate swort from the Chanty. In 2013 Jamie Smth Jane ScotL took over valuable work and continue to do it to date. In 2015 Parksh boosted rts w(￿oad by takng on an education fvrttion a spe¢ial School but the vdatilty ofthe xhool led to an end ofthat arrwyrnent leav￿9 Park&de rnore (Jependerrt on the Charity. Owr So's- a new Inlllatre In January 2019, vthh an impr¢ved finarrial sbJab"on. the Chanty created the new part b.rne post of Over 50¥ development worker. The aim was to ty and fiu the ham every week a vanety cf drfyererrt aclMb"e5 that atrtt a range of eldety PeO￿e. This worked wdl and 811 day Friday day sesgons have been very well attended. The vwu5 brought new challenges and the over 50s worker presentetl as a very good SIn￿ttIre f￿ maintsining and developing contact wth the eldety and frail. Therefore Aison's hours were increased fr¢m 2.5 to 4 days a week ￿ she has ¢ontir)ued to work well to develop the project in the new emronment w) prOd￿ti¢￿ of meab and itstr'bubon offood we important elements. The Friday sesyorts he rtsjmed.

Custom House nd Canning Tren ¢¥￿nity￿enE￿￿l Report of themanageme•t¢•mmittee For thè r end•rtJO June 2tr21 Powethouse Powerhouse 15 ￿ ￿dePendent d￿rty calerng excJsNiety for women dsablth'es and vtas one oflhe IC￿geSt stanthng tenants at St. Luke's In recent b'rne5 fun¢Jng SUPPOrt has WOV+n ts)Mer for all Sm4 charities wluding Powethouse so In 2016 the deusion was taken to alow Powerhouse tree desk and slorage sp&e in the GH&CTCRP office at st. Luke's to help Powerhouse make ends meet. The arrwyement has worked weN. Powerf)Duse a0 beneffts fr¢m a to rts regular use of Ihe ham. Powerhouse's work In the hall wa5 (kwed by the vwu5 that work has reyjrned r￿. PEAC In 2012 Lottery money became L¢¢81 ts c￿tOM House ward to run a £1.000,OCQ ten year schèmè along eornmunty prionbes The Chanty pathpated in the inwgura meetrgs supported the development of 'comrnLmity org￿￿ng and COrn￿￿￿ty Thbabves. People's EmpowermentAliwk of C￿M HO￿ IPEACHI was formed ￿ from September 2013 the CH&CTCRP became the"Local Trusted Orgarisation. ILTOI responthk for the inblth's ￿arCe5 (held as a r&s1￿ted fund) and the employment of its staff. PEACH developed an impressive commwty run partiipatson and deveknpment project feKused on the housing v&sues ￿ CLBtom H¢yr. In Februwy 2017 PEACH again chose the CH&CTCRP as ts LTO for a fvther three years to 31112119. However. PEACH hawng no more stabjs than an unil￿rpwat¢rf commwty group had ils prot4ems The CH&CTCRP grew io un￿e￿t￿ld trat its role, part(yJLaty as tre PEACH employer1213 of CH8CTCRP staffl. was ¢ontradthry wth the Charrty haV￿g al the legal respo￿birth yet Itle autrKJrty to enforce them. The tssues of staff l¢orktracts, $￿eTh￿0n. dsciplinel and finance remaned toThJ term b.rne con5umv)g headaches for Ihe CH&CTCRP. Ths problem Is a fundamental flaw In the str￿8 ofthe By Lcd Inrtth that wa5 new addressed. Consequenty Ihe Charity gave rt0￿e thal it coukl not cothue as the LTO so PEACH Sel out to become an incorporated self-controllpng body as o1301c6r20. The CH8CTCRP thd am CoL￿d to pro¥ide PEACH as a corporate, fnarK#al and str￿ttIre as vtas possJle before rtwent rts own way. Fwthermore over the yeats the CH&CTCRP expended resoLKces far In excess ofthe 4% af￿moVer lee rt e￿¢d and so can daim a good resLth for rts lono tefm capthi builtna efforts. Community Facllities Lelting the hall at a gJbsidLg•d rate to gr0￿S that serve I￿ kx81 commw 15 an impoFlant part of th8 Chaws work. The subsidsed use of Ihe hal 15 equNalent to rm8￿181 support of over £38.(￿¥) a year. However, the viru5 ha5 irnpactEd ealy on IM. The i￿Orne from letkng 1he hal for wwate ￿l￿￿On5 wa5 slashed to zero. The Sl. Luke's Youth Club met every MoThJay nwbt for ts 15th ye¥ of operabon. The Club very popuiqr and CQll5tt nee¢J of gJpport. From September there ill be 4 dffterent youlh dubs at St Luke's lour extstsThJ ckb, MA dub for SEN Children, AAA dub for older youts the Sea Scouts) on drfferent ni9Its ofthe week. Powerhouse. a spec4alist group workn.ny ad￿ women ith leJThng drffb)Jbes. rt ￿l¢e a week The.￿er So's ChJb' Met •v•ry Fri¢Jay. Cornrnunty act￿￿"e$ ako took plxe outsJe In the WOLnd5 01 St Luke's whth prowde good outdoorspxe f¢r a¢tiwits"es such as anrnal Sumrner Fètes Anolher 15 plamed for June 2022 to mark the Queen's 70th year on the throne. lrt 2010 gTOUP of students greafy improved tre northern strw of land (fe￿e£l off by the Chaty S￿¢e 19961 but after 17 years of stewardship plot was gNen devdopets for ￿ wnjsed w¢Jen knked to SO newflats. Whtst the Legion branch h85 dosed the Chty conrnies to organise the Remembr•Jce was aw we attended last Noven*Jer.

Cvstom House•nd Canning Towr CLyhmunJtyRenew Pwoiect Rportollhe mna4tmenteommiltee For the arended 30 ￿ne 2021 Volunteer Activity The Charl￿5 Managernent Commrttee is The Commrttee propety oversees1he CW. Commrtlee rnembers VLSrt the office. the treasurer oVe￿ee5 all payrnents Ihe Chair regulaTty rnonitorslhe General Manager. NDne of the meetsng5 of the M￿ageMent Cornmrttee have been irryor8te ￿ rf governo￿e direth.on were to be purchased rt wouhl cost a bty surn. The Charitys main fi￿￿￿orts e performed by p•d staff. As the Char￿1 ¢loes nol oirecty or9¥4se charrtable other Ihan where p8id stsff are required. Ihere 15 no r￿ed fpr ¥Olwte￿s to help the Charivs man effort. However. Parks"de's work is with people who are deemed to be ¥o￿nteerS. VohJnteets are helpfftg Ihe over 50s Club and the charitys workers and trustees are linked to a web ofpe¢)ple who bring charrtth effort to St Luke's. The Chanty makes an effort to e￿OUrage volunteers to set up and run ts"r Ndependent ￿th as the ytyjlh cbJb and the elders. afte￿￿)0￿s. By offering free use oflhe commwlty hal and by asgsting sm41 Iwl Organ￿al￿5 Ihe Charty è5ststs volunteermg ParadoX￿alY the vohJrt8ry seetor ts better d￿elOped ￿ rther area5 and to ctyjnter llis, the Charty works to improve and enlarge the area's vol(￿tary sector. Tli5 way the Chartyha5 helped to creat• a Icry temi ermronrnerrt for more Yo￿ntee￿9. The area'5 regeneratioD The Chantys wothng area in one gfthe most stubb0m￿ poorest areas of East London. Up to 2007 there had been 11 ye¥$ of the Governmerfs Single Regener"on Programme Ihal barety dented he sbJal)n. The CO￿11 had got nowhefe and in a fr￿tr￿ed moment one ol its fvèf housng officers dubbed Ihe loca15 as b￿ng"not ￿rrna". But in 1999 Ihe Jublee Lne came to TO￿.. that term ¢Or6eqUer￿es. Prop¢ty prKes were buoyed by the better transport links and cortseqjenty In 2000 Nththam CowKal developed a regenerabon plan invoknro the demol￿"on of 2000 cowcil bull homes )d the builrfing of 10.000 prNate thI1￿gS Inthalty IKal people, tr vast majeity of ¥knom were secwe councl tenants approved so ￿ng as their rights were to be observed and the dernolished council homes were repl&ed new Stock. They thousrt the regeneration was a fair swap for having they e￿5￿ng bl¢ghted homes brought up to standard Tly beh.eved Ihere wwld be a S￿dar(j ¢Jecanting operat'on there phases of demohkn would be folchved by new bw'ld for those tenants to be rehoused and so on. They thought they had sgned l￿ to a to retym to the ¥ea and ￿ a sw¥ey 80% warrted to ieknn. Then, Goon into the wocess, there wès a change of leadwsh¢J in N￿aM wrth w elected Mayor takn'ng thè reirB of the regeneraton. The word'return" Some￿ cbangeil to rne￿ thattenants Co￿.re￿IM. as Cou￿￿ t¢nants as rf they had ever stopped being Cour￿ tenants. From then on tents were io be offered ac¢ommodabon somewhere else, Indeed an￿there eLse so long as rt was out of Ihe ¥ea. CourKil tenants coul¢J orty be removod rfthey were offered allemalw• swe tenarKies •d so there was no option bLrt to offer th•m fi￿t dibs on any properties that became ava"lable. That meant there was preciou% fitve left for the housw needs of Iccal people. Nearn generated by f¥ the h￿hest rAJmber of cfrdthen in and temporary accommodalron is 8 weu undetstood marker of dtstres5 It became dear Ihat standArd de¢antirvJ was out and demoWJ"on to make way for overvhlmith private flats t nearesi walking dIsts￿e from the lthel was in. In the to pave the way lor Ihe deveknperwhole blocks were de¥ed too early and the empty dwelings it became a scandal. The CourKAI's sokntion was to lease Ihese blocks to a pnvate landlord used irw¢ure tenaroes so Ihe homes Could be deared atshort no1￿¢ whenever Ihe land was required thout a C¢)urtil duty to rehouse thos& faftllies. In the rrterirn the wwate lanLW¢ the ￿rt" the r¥fer¢r￿e paid by Ihe taxpaver via hou5ina benefiL

Custorn House and CanrHng Town Comm￿1￿ty￿eneWal Prop Rewrtof the manaymertrnmmitg For Ihe rended 30 June 2021 The regeneratr'on qurkened after the uethl cruth ¥￿th tal bkn¢ks mushroomiry near the stslbon. Thts was ￿en the Chaws Genera Manager helped local ten￿5 to representthernsefves. The re￿dents rnade some gairB but they were de-recognised. Subsequenty, the Chwty ￿arned Ihat IhE cow￿4 ha thatthe Chartys Genera Manager shall not be spoken to. In 2018 there WAS a complete in admiThaion ￿en a new execth Mayor was e￿￿ted n Nevtham. She and her coleagues ￿herIted a big mess %4th few Tesowces to dea the pro￿emS. The fofWS of the regenerabon moved to Custorn House and PEACH took on the of hthts¥i9 rights supported by a new Mayor. the commLmty won signfficant changes. The contra¢t Imlh the private landlcrfd has recenty been termnated the pnvate tenants syAt into Ihe vacant blacks have been de¢Wed asyjred tenants. A Regeneration Steemg wa5 estabhshed by the Council and this oves a lea￿'mate v￿Ce for regdents in Ihe reat￿ation Drocess. The hou5ng ¢we5bon has not gone away and hag been Spu￿￿ on by the nthv Croswal stslion at F￿eMaS{￿B Ro where land pnces ave agan bexvJ infiated. The presyxe for more prwale c￿elingS Conknnues. Artsjnd Sl. Luke's hundreds were buirt mne ol them for SWbal rent One development 01300 uThts was sold tsff pl￿ w) Chin. Now, the plan is to split the regeneration ￿ to ts¥o ith the focxs beng C[￿M House. Some of the 0rign•l tenants are concerned that the split )d other changes might set Ihem back and Ihat now they will have to compete for fewer rjwellings wth more people Tenants in Can￿9 who were kft in staled parts of the regenerabon row fear they wll be th for a th'rd de¢ade planned rnarten￿e. The￿ we some good skgns but1he very red fe￿ Df tenants rem•n. Flnanclal revlew The Cornrnittee receives a quartety review of the Charws p0S￿On 50 Ihat al tren¢ts be re￿¥ty examined. The Charty re¥￿We￿ it5 finan¢i81 stand￿g ordef5 ￿ 2015. Tota income Ihe year fell by £137,OT2 trom e389.043 to £252,Of2. a 35.r2% dec4ne. By contrast expeThgthre decreased by £40,747 from £352,373 to £311.626. a decb.ne of 11.56%. There was a defic4t for the year of £59.604 12019120 ." £36,671). This dehl ￿ slated after Ihe anrwal depreciation charge of £56,085, charged ag the c8pital funds recebved to purchase bLAthgs. However. on9Nial Cor￿tr￿￿On costs are tre b35is ofthe depreciabon ¢ulation is required for X¢Qlrf￿g wrposes. The ￿cOUnt$ show the net book vaue of ts propertses 0￿ed and no re¢ent survey has been C￿￿ted rewding cwrentvaluati￿. The ending of the aweementimth pexh n jur￿ 2020. sawgjbwuent BVJ Local find￿g b•ng pabj diredty tr PEACH. In our 2019r20 *counts ts grant was t115,077, explauts the in vKome for 20Kk21. We received ffj LBN Support of£25,CQO ￿ 2019120, cmpwed to £6.209 in 2020r21. The dedine in expenditwe, was not as great as the ￿e￿￿e n I￿Ome, as we held restricted fijnd for PEACH, together %wth unspent Loacl ￿ants. was repaid to the PEACH project d¢JMg the year. In wa¢tv the Committee believes that rt r3 posgble to keep rts assets n good repar Thjefmrtety aTrJ sets aside up to £20,000 into the Siiking Fund Isee Note 12 to the ac¢ixntsl. The txjrft assets. being devebped ￿1th grant l￿d￿9 me8nt there was no ¢onts"nuing resth"cb"on as io use and hence the asset i% not hel¢J n a reSt￿ted fr￿d.

Cwtom House ind CannthgY4wn CofflwrMmMyrt•Mwalfv#i•¢i Fovt •hded 30 2021 Rsem8 PolKy The Cha￿S cont￿U￿d ab￿ty to rn48t its objectrffjs rew hs assèts. In addrt￿Jn t Comtnittee. gubfjed by profeswnal advKe. sets asbye a speofEd sum to a ￿￿kIry frnl lor fiA￿e r8pair5 in line wth its 50 y88r1rf8 CYC￿ program. In 2020-2021. £14.48312019-2020 £18.0201 ds kled to the bLI￿ry osefft. By the trne of 7iung the Charty wcre3$0d it5 sews ¥hwtmont d8pc6ts to £426.797 11 akn asswes that Ihgro ￿ a 3 morth llukj res8r¥e for ts 5tsff aNI Other IBIkn. R•pordal¥lll• o1th• vw orth• ststs of th8 affays ￿ the COTg/ny as althe ￿￿Sh￿lde￿d of rfs illLrny r•50urc¢5 and aFpkalK>n of resources. iicltthg incLvr and th8 yewthw terial dep8rtur88 di5¢sWJa￿t￿knY in the￿na￿a81 Stslvrthy gPW¥ lh8 finanth￿ sta6￿1$ tq5is tr) 8SMrn9th th• co￿￿￿nY YAill contmu thai b8SiS

ny timB the fiianc* pcsrtw rryrotyand to ¢h￿n￿ ￿sUrel￿al thè finwcol compty ￿1th the

Crmpgries Act 2006. The m4nwJorrnni rrert4r5 8 the rnain7￿ * inlryrty of Ih2 8nd rfoTrotlJn )cluded cffj the %bsrte. In th8 UK the [V￿ra￿)n aTrJ [￿￿(￿1 $12temits nw The rr￿nag￿l c¢rmiltee is a50 reswJ)stle for safewathg the as8ets o)mrAny for la￿￿9 reH5OrAb￿ sws lty Ihe prevwtioi ¢wetkn ￿traUd and LtherryWI. Ih81 Ihw have taken al wsurfj Ihat they th￿￿0$ arv al •￿t 1n1cfmati￿ and that th thi$ ar6liJ cn rsago 1. PuWi¢ B•rfft St•tii•rt¢ The TFUSW confwmth21 vAh 4 (rf tho Chis A(12011 K) WdLE regard kn the Ctr￿ty Coffthissmx's tyi PL benefrt and B￿rt¥. A resoknlw to Conw7 Chwtw&Y Acc4XJrt¥l$ 45 the VMI be ptop)s&J at th? ADnu Reporting ty Charths Mwch 2C#)Slwd n¥AYUW¢¢ Ihe Frn¥Ei￿ rfpart 1501 the Aci 20 reL8tin9 ￿ snwll eniknes. 2021 )d swJ¢kn its bth&Y. RUIZ Chir

INDEPEFXEirr ExAm￿lf3 REPORT I r8port on the accounts of Custom House and Canning Town Communty Rènewal Proiect for the 12 months ended 30 JUM 2020 $8t out on pages 9 to 21. R•spectiv• r•sponsibiliti•$ of InFste•g and independent examiner The InJ51ee5 lh?￿￿t(￿S (rf tt FwrrK60s reSP￿sIblefty Ihe of IheacG(wJnls. The Irusle05 co￿Traer tywt is fu this ￿ ufKle¥ S￿1 144121 CharitEs Act 2011. the 2011 Act, athj Ih818n ir¥JepefvYenl nethj. Tr chtys w05S ¢Ye8kny £29).IKK) to Haviry svsf%d the c￿lty is I￿t suty"i to ￿dEr rrn 1% 12 k wNrexlent ey￿nakn. n¥y rts$￿￿$1￿1jty lo. lil e>2M1￿ theacctrjnts urdtr 145 cl the 2011 ACL lill to loll(pw lh¢ ￿￿¢&￿1r¢S W d￿1 byts CW 145(5llbl ofthe 2011 Aci.. and (liil ttrswewhethw Pw)J mtws mythlK Basis of Independènt examin•fs rnport Inclu¢l8S 8 of th8aC¢￿n￿ry rcds kept a crmpawi d thE cwits we$8nEgJ wilh t￿6 rwds. 11 c(mcemin9 any mattv5. Thewr¢wJwes do rnt yti4Kleal th? tha be ki an ajdil consewwtty no otxrw)n is gven as Ihe ¥coJrts we5￿1 a knje lar v•¢ ￿ the rw is liniteO io thc6e5 mters 881 oul in the slaterftht tknv. Ind•p•nd•nt •xamln•rfs statem•nl lal whth gN6s me rea51X&)￿ cwto that in rw the r￿u￿•r￿7ts.' 14) tt> pr¢p¥e wxjnts Trwhrh the ¥ccqmtry conpty Ymih the reqwwnwts 398 ar￿ Rap￿ry by Charities.. have not been met, or Ibl Palrlck J Gray Charter•d Aceountant 56 8rack¢n Drive Chi9w•II Essèx IG7 5RD Signed doJr

Custom House and CanThng Commithw R•n•wal Prtiiect ststement of Financial Activllles (In￿rporat￿g an Kom• aTrl ExpNIIWre accowhtl For the r ended 30 June 2021 2021 Total 2020 Total Unrestricted Restricted Incomlng resour￿5 Notes Voknntsry i￿Orne Imie5trnent I￿orne Incoming resou￿$ from clw7table a¢fvrfies Peach Cowd 19 Parkside GardeThng Project St Luke's and Abraharn's NU￿ery rent and recharges Other CommuiNty Projects 3,402 3,402 5,242 89) 6.050 13.775 6,209 14.665 12259 120,160 4.676 220,971 725 220,971 72S 229,790 29,174 Total inwming resources 232,037 19.984 252,022 389.043 Resources expen(led Cost of generaling lunds Fundraisng ansy publNty Ch8nl•ble a¢tiwties Peach Covid 19 Parks"¢Je Garijening Project St Luke's and knraham's Over 50$ Project Other comm￿lty Projects 890 5,517 11,892 200,808 11.053 8,051 55.352 11.726 11.892 210.107 11,053 8.051 122,891 8,209 11.723 194,597 11.177 Govem4nce costs 3,445 3.445 3,$65 Total resources expended Net IExpenditureVlncome for the yèar 241,655 69.970 311,626 352,373 19.6181 (49.9861 159.6041 36.671 Tiansfers between funds 16,6471 6.647 Net movement in funds for the year {16.2651 143.3391 420,769 IS9.6041 2.401.563 2.364.893 36.671 Total funds brought forward 1.980,795 Funds carriod fonvard 12 1,964.529 377,430 2.341,959 2.401.563 All ol the above results are derived from continuing activities. There were no other recognised gains or losses other than those staled above. Movemenls in funds are disclosed in note 12 to the financial statements. The Statement of Financial Activrtie5 also complies wrth the reqU1￿MentS for an income and expenditure account underthe Companies Act 2006. Page 10

Cusiom No￿9 and CannK4 Town R•rnwal Proi8Ct liinxted ￿ Guarart••l Balan￿ shB•i 2021 20 TaThJlbl• Ilx8d as8•ts 1.690.856 d126.797 2.117.653 1.747.806 255.OLN) 2.CwJ2.8 888•ts Debtors Cash * bank in I￿￿ 10 42.912 3g6.248 219.W 273.152 439.160 Cr•dttorn.' mowts dup wttlln on• y 40,4Q2 N•t ass•ts 224.jlx 398.758 Tolal AsBets loss current liabl11￿45 1341.9 2,401.563 Th• l￿d8 Ofth ¢harty: unrestric￿ funds fv￿8 D8swaY funds 335.738 1.628.792 319.700 1.661.095 Restrict&J funds 377,430 420.769 Total lund* 12 1341.959 2.401.563 The company is entitled lo Ihe ex￿ptIOn from the audit reqUir￿ent tymtained in seebon 4TT of the Companies A¢t 2(XNS. for the year ended 30 June 2020. No manber ofthe company has ￿e[￿lted 8 notice. persuant 10 Section 476. requirirffJ an audit of ttwe a(twnt5. dirKlor¥ a¢knowWae t￿"r responsibilits.es fw ensurirKJ that ￿ ccffipany keeps accountir¥J r8cord5 which compty wth seEAion 386 of the Acl arLI for prepariTrJ aco)Jnls which give a true and fair viw of the state of affairs of the compar¢y as at Ihe end of the financial year and of Its i+Ka)ming resour¢es and application of resources. indudirrfJ its income and expendrture. for the firtanoal year in acC0rfan￿ Mth th8 wuirernents of section5 394 and 395 and which oth￿Se comply the r￿uireMents of the Cornpèn￿ Aci 2G¥J6 ielaTrng to acwunts. so far as applicatAe lo th8 company. Th958 finan¢ial staiements have P{￿r￿ in accO￿a￿e With the sp&ial prwsK)￿ of Part 15 of the Cornpani85 Act 2006 rdaling to srnall companie5. Thè accounts wen approvad by the BO3￿ on ... Sarah Ru Chair Company ￿. 02898 P•]8 11

Custom House and Canning T¢)wn Community Renewal Project Cash Flow Statement For the ear ended 30 June 2021 2021 3J20 Surplusl(deficit) for the year (63.006) 31,428 Reconciliation of Cash generated from Operations Depreciation of Tangible fixed Assets Purchase of Tangible Assets Loss on disposal of assets Decreas81{Increase) in debtors .Decreasel{Increase) in creditors Investments (Increaselldecrease 56,950 57,085 (10.393) 8,444 {171,797) 26.246 (4,532) {10.000) Cash generated from Operations 1179,802) 100,228 Cash from Other sources Interest Receiv8d 3.402 Change in cash and ¢ash equivalents in the year (176,400) 105.470 Cash and cash equivalents at the beginning of year 396,248 290,778 Cash and cash equivalents at the end of year 219.848 396,248 Consisting of '. Cash at bank and in hand 219,848 396,248 Page 12

Custom Hous• and Cannlny T¢yAn Comnx* RenvMI Project Nrt•5 to thp financlal 5tstements For the arnded 30 2021 1. A￿our￿lD9 policies Custom House and Canning Town Communty Renewal Project Limrted is a pnvale company limited by guarantee incorporated in England and Wale5. The registered address is The St Luke's Community Centre, 89 Tariing Road. Canning Town. London E16 1HN. The follovling are the more important policies adopted by the charity. al The financial statements have been prepared uThJer the htstorical cost convention and in accordance with the CoMpan￿S constitution and applicable accounting stsndards. They follow the recommendab'on5 in the Accounting and Rew)rling by Char￿"éS Statement of Recommended Practice, applicable to Charibes preparing their accounts in accordance ￿th the Financial Reports'ng Standard applicable in the UK and Republ￿ of Ireland IFRS 102) and the Companies Act 2006. The company is a pU￿1C Benefft Entity as defined by FRS 102. bl Voluntary iftcome i% receNed by way of donations and grffs aThJ 15 included in full in the statement of finanual aclNitses when received or receivable, whichever ts earlier. cl Revenue grants are credf(ed to the statement of financial actr411￿$ when received or recewable whichever is eailier, unless they relate to a specific future penod. in th.ch case they are deferred. dl Contractual in￿rne recogn￿1 as an incoming resource to the extent that the charity has provKJed the seNices. If incoming resources are received in advance of the SerV￿e$ beirMJ provided. they are deferred unlil the charity L% enliued to them. ¢1 Rental income Ys recooni%ed net of vohts. n Gifts in kind represent assets or seN¢95 donated for distributK)n or use by the charty. Assets given for distribution are recognised as incoming resources onty when distriEyJted. Assets given for use by the chanty are recognised when recewable. Gifts in kind ale valued at the arnount actually realised from the disposal of the assets or at the price the chanty would otherwise have al Grants for the purchase of fixed assets are recognised in full in the statement of financial athty'e5 in the year in which they ale receNable. h) Restricted funds are to be used for speofied purposes as laKd down by the donor. Expendilure which meets these criteria is KIent￿￿1 to the fund. il Unrestricted funds are donabon$ aThJ othef income receirfed or generated for the charitable purposes. il Des¥Jnated funds are unrestricted funds earmarked by the trustees for parlicular purposes. P•Je13

Custom Houseand Town con¥n￿lty Ren•¥AI Proltei Noles t(the flnandal statem For the r •nd•d 30 Jll￿ 2021 1. Accounting policies (continued) kl Tangible tsed assets are ststed at c(tsts less depreualion. Equipment costing less than £500 is written off in the year of purchase. Depr￿latiOn is provhjed on all frxed assets at rates calculated to write off the cost of each asset Over rts esb"mat&J useful lrfe. The deweciation rates in use are as follows". Freehold land Freehold buildings Leasehold property Office Equipment indefinite (no depre(iation charged) 50 years str?￿h1 line (2.00%) period of Ihe lease S Yea￿ straKJhl Ibne basis (20.00%) The gain or loss arising on the dBposal of an a5S9t ts detemiined as the difference between the sale proceeds and the carrying value of the asset and 15 recognised in net incomel{expenditure) for the year. At each reporting date. the chantatrAe Com￿nY reviows the carrying amounts ol its tangible assets to determine whether there ts any indication that those assets have Suffered an impairment loss. If such iThYicatM)n e>ists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment105s(if any). 11 All leases of equipment are operats'ng leases, and rentaL8 are charged to the statement of financial actmb.es on a stroight line basB ¢)ver the lewtt) of the lease. No assets are held under hire purchase agreements. ml Governance costs inclLKle the management of the charitable compan￿S assets, organisab.onal management and com￿lanCe with consbtubonal and ststutory requirements. Cost of raisi funds relates lo the costs incurred ty the charbtable cornpany in ratsing funds for the charitablg work. nl The accounts are prepared in slerling. which is the funclional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. ol Subsldiary The Chanty has a Sub￿J13ry but group accounts are not twepared because ts reulls, assets and 8bilites are not materi81 to the Chary. pl These accounts for the year ended 30 June 2021 have been prepared in accordance wilh FRS 102. The date of trans￿"on to FRS102 was 1 Aw"12015. The reKNJrted financial posth'on and financial performance for the prÈbryous Ferth are not affected by the transitson to FRS102.

Custom House and ca￿lrI1 Town C<ffinwnlty Renval th¢t Not$ toth• Ilnan¢lal statemerts Forthe r•nded 30 June2021 1. Accounting policies (continued) ql The financial ststements have been prepared on the going concem basis. The management committee members have cons*Jered a peii(xl of one year from the date of approval of the aGcounts. rl Cash and cash equNalents incI￿Je cash in hand. deposts hekl at call banks. other short- term liqu#J investments wth original matunlies of three months or ￿s, and bank overdrafts. Bank overdrafts are shovm ￿1n borrowings in current liatxlilies. sl The chanty has financial assets and financial liaLylrtes of a kind that qualfy as basic financial instruments. Basic finanual instruments are in￿'al￿ recogTh¥ed at ttansadion value and subsequenlly measured al their settlernent value. ti The cost of any unused hol¥Jay enliuement is recognised in the ￿rit)d in which the emFdoyee's services are receNed. Termination beneffts are recognised immediately as an expense when the charty 15 demonstrably committed to terminate the employment of an employee or to prov#Je terminalion beneffts. ul Payments to defined contribub.on relirement benefft schemes are charged as an expense as they fall duè. vl In the applKation ofthe chaniys accountsng tKil¢cies, the Tn&ees are r8qured to make judgements, esb"rnales and assumplions about the e8rrying amount of assets and liabilrfies that are not readily apparent from olher sources. The estimates and associated assumptions are based on hi5toncal experience armj other facto￿ that are consmjered to be relevant. Actual results may differ fft)m these eslimates. The estimates and underly7rrfJ assumptions are rewewed on an ongixng basi5. Rewsions to accounting estr'mates are recognised in the period in which the estimate is revised vthere the revision affects only that period. or in the period of the rewsion and future periods where the reirision affects both current and future periods. 1.2 Accwnulated fvnds Unrestricted funds are available for use at Ihe d￿cretion of the trustees in furtherance of Ihe general objeclNes of the charity. D￿gnated funda are allocated out of unrestricted funds by the trustees for specific purposes, The use of such funds is at the trustees. di8crelion. Restricted funds are subject to restridions on their expenditure imposed by the donor. P￿15

Custom House and Canning Town Community Renewal Project Notes to the financial statements For the year ended 30 June 2021

2. Incoming Resources

Restricted Funds Big Lottery Fund Trust for London London Borough of Newham Other Sales Income Sub Total Unrestricted Funds Training Services Investment income Small Grants Rental Income Utility recharges Summer Scheme Donations Other Incoming resources Other Sales Income Telephone Income Sub Total Total Incoming Resources	St Luke's and Abraham's	- - - - - - - 0 Parkside Gardening	13,775 - Peach	Over 50's Project -	Youth Club - - - - 0	C19 6,209 6,209 6,000 50 6,050 12,259	General Fund	2021 Total - 13,775 6,209 -	2020 Total 115,077 - - -
	-		13,775	-			-	19,984	115,077
	- 206,952 13,686 - 333 -		890 - - -	- -			3,402 - - - 725	- 3,402 890 212,952 13,686 - - - 1,108 -	- 5,242 28,176 214,262 2,980 - 3,050 6,891 5,953 7,413
	220,971		890	-			4,127	232,037	273,966
	220,971		14,665	-			4,127	252,022	389,043

Page 16

Custom House and Canning Town Community Renewal Project Notes to the accounts

For the year ended 30 June 2021

3. Resources Expended

Basis of allocation Cost directly allocated to activities Staff costs Staff time Recruitment Staff Supervision Direct Staff Training Direct Staff Travel & Meetings Direct Depreciation Direct Materials Direct Office Costs Direct Refreshments/Subsistence Direct Insurance Usage Internet Usage Other Costs Direct Publicity Direct Social Events Direct Summer Project Direct Rent and Rates Direct Heat & Light Usage Telephone Usage Cleaning Usage Equipment & Maintenance Direct Bad Debt Write off Direct Donations Direct Grant Repayment (BLF) Direct Transfer to PEACH Direct Accountancy Fees Direct Support costs allocated to activities Printing,Postage and Stationery Usage Legal and professional fees Usage Bank Charges Usage Sundry Expenses Usage Staff Costs Staff time Total resources expended	75,834 14 4 56,950 - 380 3 13,850 1,104 22 150 0 4,804 15,225 5,839 3,491 14,144 0 34 438 227 35 17,558 St Luke's and Abraham's	9,631 2,034 83 0 0 0 57 87 0 0 0 0 0 11,892 Parkside Gardening	0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 23,077 32,276 0 0 0 0 - 55,352 Peach	Over 50's Project 10,943 63 0 38 0 0 4 0 5 0 0 0 - 11,053	C19 7,846 174 812 624 100 84 71 64 0 0 0 1,951 11,726	General Fund 2,763 80 33 172 77 4,500.00 370 51 6 0 -2 0 -	Governance 3,445 3,445	2020 Total 107,017 - - 14 242 56,950 2,926 496 838 13,850 1,104 22 227 - 4,500 4,804 15,325 5,927 3,547 14,673 0 51 23,077 32,276 3,445 109 438 225 35 19,509	2019 Total 181,310 3,352 2,500 1,939 1,480 57,085 2,015 8,557 5,350 12,112 1,095 553 435 3,645 - 10,790 15,518 2,075 2,560 8,195 1,748 3,050 - - 3,565 850 1,939 340 1,118 19,199
	210,107					8,051		311,626	352,373

17

Custom Hou9e and Camlng Ta)Ym Comnwnlty Rene¥MI Project Notes to the finan¢l•l slatem•Thts FIX the ended JO Jun• 2021 4. Trustees None of the trusteeslor any persons connected wrth them) reC￿Ved any remuneration durw the year. nor was anyone reimbutsed for travelling and subsistence (Nil- 2020). s. Staff c95t5 and Dumber5 staff costs weie as follov4S'. 2021 2￿20 Salaries aTrJ wages Social security costs Pension Costs 119,313 5,163 2.051 188,042 9,312 3,155 126.526 200,509 No employee eamed more than £60.000 during Ihe year. The charitable cornpany operatss a defined contribution pensK)n scheme for all qualfy'ng employee5. The assets of the scheme are held separely from those ofthe charty in an indeFendently admink%tered furKI. The charge to income and expenditure account in respect of defmed contribulion schemes was £3,155 {2019- £2276) The average ￿￿eklY number of employees (full-time equNalent} during the year was as follov•E.' 2021 2(r20 Park&de gardening project St Luke's and Abraham's cO￿d 19- LBN Over 50's Club Peach Supwrt 6. Taxation The charitable company 15 exempt from corporation tax as all ils income B chaiilable and is applied for charitable purposes, under S 466 to 493 CTA 2010 Pagg 18

Custom House and Cannlnq Tovrn COrThn￿1fy Rene•MI PmJe¢t Notes to the flnanclal statemènts For the r ended 30 June 2021 7. Tangibk lixed assets Freehold land and buildings L¢asehold Furniture and properb.es uipment Total Cost At the start of the year Addits"ons in year 2.339.293 597,994 190.493 3.127.780 At the end ofthe year 2.339,293 597,994 190,493 3,127.780 Oepr¢¢tatlon At the start of the year Charge for the year 974.678 46.786 216,752 188,544 1,379.974 56,950 Atthe end oflhe year 1.021,464 226,051 189,409 1,436.924 Net Book Value At the end of Ihe yyar 1.317.829 371.943 1,690,856 At the start of the year 381 242 1747 On 19 February 1996 the Charity was given the freehold land and t￿lId1r￿J$ comprising the old Church of St Luke, Victoria Docks by ts owner. the Church ¢0Mmr￿loners for England, for development as 8 commijnty resour￿. The land wa5 Valued on 1 May 1995 by Bernard Williams Associated Chartered Surveyors. at £200.000 and was taken into the accounts at this sum. The balance of the cosvvaluabon shown above represents the cost of developing the srie into the St Luke's communty centre.. this is the costs of depreciable assets wlich * 30 June 2020 amounted to £2.339.293 (2019'.£2.339293) 8. Fixed Asset Investmenl 20 Invèstmènt in subsidiary Deposits 100 245.000 245.10Q 428.797 In December 1995 the charity formed a yJttsK*ary company. St Luke's Project knmited, to undertake the development of the St Luke's Church site. The company has issued 100 £1 shares. all to the Charity. Following compleb.on ofthe development work. the Companls activllies have ceased. The Company has never made a profft or loss and its net assets arg £100. equwalent to the sssued share Ca￿￿1. Total income and totsl expenditure for the year were £Nil(2016 £Nil). Since the companYs results, assets and liatrJ"lrties are not material to the Charity's accounts they are not consolkyated. CorAes of the Comapnls account are available from the Charity's registered office. P•3e 19

Custom Hous• artd c￿nI1￿j Town comrn￿fjty ReThv￿ PfoJe¢¢ Note5 to the financlal statefflents For the r •nded JO June 2021 9. Financlal Instrurrtnts 2021 Carrying amount of finan¢ial assets Debt instrument5 measured al amgrtiS8d cost 53.303 Carrying amount of financial liabilrties Measured at amrtised cost 43.359 10. Debtors 2021 2020 Trade Debtors Stsff Loans Other debtors Prepayments 46.253 35,39) 6,852 3.273 53.304 42,912 11. Credilors . amounts falling due within onè year 2021 2020 Trade ciedito Taxatson and social security Other creditors Accruals Rent Deposit from tenants 17.707 5,487 25,548 5.487 22.132 587 3.530 105 40.402 P•Je Xl

Custom Mouse and Canthg ToTr Cornrwnlty Renewal F￿t¢t For th• •rMltd 30 June 2021 12. Movennls in funds At1Ju 2020 Incoming resources Otrtgoing resource5 Transfefs I￿{ovti At 30 Jun• 2021 Restricted lunds: Peach Abrahams Point Cowd 19- LBN British royal legion 34,040 386.714 13.775 54.462 9.299 6.209 6.647 377,415 6.209 15 15 Total rnslricled lunds 420,769 19.984 69,970 6,647 377.430 Designated funds . Frxed assets fuTrJ Sinking Fund 1,339.218 46.786 5,517 1.292,432 336 360 20.(￿K) 1,661,095 20,000 52,303 1,628,792 General Funds 319,7CKI 212,037 189,352 16.6471 335,738 Total funds 2.401.564 252.022 311.626 2,341,959 The Fixed assets fund represents the unrestiicted funds tied up in frrted assets. The comrrmttee has established a Sinki￿ furHJ to finance the cost of future major repaits at St Luke's Centr8 and Abraham's Nursery. The Charirfs Surveyots have athised the amount to be set as•Je. Transfers from general funds to restrithd fund5 relate to the replacement of restricted funds previously utilised for cole acts￿1￿$ 13. Movements in funds Icontinu•d) Grants from Big LocaVLocal Trust {Nab"onal Lottery) for the Peoples EmkX)wennent Alliance for Custom House (PEACH) will be held in ttust as a restricted fund

Custom House Cannlry Town ComThMmty Remwal ProJ•6t Notes to the flnanclal statem•nts For the ear ended 30 June 2021 14. Analysis of net assets between funds Restricted funds General funds Total funds Tanglble fixed assets Current awts Creditors.. amounts falling due Mlhin one year 377.415 1.740,238 52.674 220.478 52,659) 3,813 2,117,653 273,152 {48.846 Net assets at 30 June 2021 377.430 1,964,$30 2.341.959 1S. managen￿nt cornrnittee Fnembws, r•mUneraIk￿ and expenses The managèment commrttee memt)ers are the trusteès under charity law and received no remunèrats"on.12019- Nil) 16. Related Paty Tran$a¢li¢n$ In May 2013. the chair agreed vrth the thèrty a license agreement for £3.OCO pw annum for the renlal of the Café. The license agreement ended Jtsly 2019.