| Page | |
|---|---|
| Report of the Trustees | 1to11 |
| Report of the Independent Auditors | 12to15 |
| Statement of Financial Activities | 16 |
| Statement of Financial Position | 17 |
| Statement of Cash Flows | 18 |
| Notes to the Statement of Cash Flows | 19 |
| Notes to the Financial Statements | 20 to31 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ |
£ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2 | 658,259 | 715,314 | 1,373,573 | 899,537 |
| Charitable activities | 4 | ||||
| Sub-letting income | 9,930 | 9,930 | 112,467 | ||
| Investment income | 3 | 91 | 91 | 301 | |
| Total | 668,280 | 715,314 | 1,383,594 | 1,012,305 | |
| EXPENDITURE ON | |||||
| Raising funds | 5 | 6,509 | 40,000 | 46,509 | 77,377 |
| Charitable activities | 6 | ||||
| Youth programme | 521,599 | 521,599 | 533,358 | ||
| Debate Box programme | 14,946 | 14,946 | 32,852 | ||
| Support costs | 478,598 | 478,598 | 441,239 | ||
| Dance programme | 18,033 | ||||
| Drama programme | 15,526 | ||||
| Windrush programme | 8,000 | ||||
| Laptop Appeal | 47,697 | 47,697 | |||
| Total | 485,107 | 624,242 | 1,109,349 | 1,126,385 | |
| NET INCOME/(EXPENDITURE) | 183,173 | 91,072 | 274,245 | (114,080) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 449,109 | 21,739 | 470,848 | 584,928 | |
| TOTAL FUNDS CARRIED FORWARD | 632,282 | 112,811 | 745,093 | 470,848 |
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS Notes 12 13 14 16 |
Unrestricted funds £ 55,788 33,657 763,410 797,067 (220,573) 576,494 632,282 632,282 |
Restricted funds £ 112,811 112,811 112,811 112,811 112,811 |
2021 Total funds £ 55,788 33,657 876,221 909,878 (220,573) 689,305 745,093 745,093 632,282 112,811 745,093 |
2020 Total funds £ 72,938 43,996 503,324 547,320 (149,410) 397,910 470,848 470,848 449,109 21,739 470,848 |
|---|---|---|---|---|
| Notes Cash flows from operating activities Cash generated from operations Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received 1 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 Cash and cash equivalents at the end of the reporting period |
2021 £ 372,806 372,806 91 91 372,897 503,324 876,221 2020 £ 147,892 147,892 (24,594) 301 (24,293) 123,599 379,725 503,324 |
|---|---|
| Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Decrease in debtors Increase in creditors Net cash provided by operations |
2021 £ 274,245 17,150 (91) 10,339 71,163 372,806 |
2020 £ {114,080) 14,074 {301) 181,807 66,392 147,892 |
|---|---|---|
| At 1/4/20 | Cash flow | At 31/3/21 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 503,324 | 372,897 | 876,221 |
| 503,324 | 372,897 | 876,221 | |
| Total | 503,324 | 372,897 | 876,221 |
| Leasehold improvements | 10 years straight line |
|---|---|
| Fixtures & fittings | 25% reducing balance |
| Motor vehicles | 25% straight line |
| Computer equipment | 25% reducing balance |
| 2021 £ Grants 1,004,310 Donations 369,263 1,373,573 |
2020 £ 657,115 242,422 899,537 |
|---|---|
| Another Way fund raiser Winter Big Give Summer Big Give Harrow School - Long Ducker Gift aid Fee income Laptop appeal Other donations 2021 £ 108,381 67,787 33,500 6,250 73,457 54,103 25,785 369,263 |
2020 £ 123,648 37,340 18,482 8,109 54,843 242,422 |
|---|---|
| Harrow Mission John Lyon's Charity Royal Borough of Kensington & Chelsea London Borough of Hammersmith & Fulham BBC Children in Need Hammersmith United Charities Kensington & Chelsea Foundation Westway Community Trust London Youth grant The London Community Foundation Big Lottery Greater London Authority Jack Petchey Dr Edwards & Bishop King Paddington Development Trust National Foundation For Youth Young H & F Foundation Community Organisers The Gate Theatre Groundworks London Youth Grant Car Giant Church Urban Fund Harrow Mission - lighting grant Other Lightbulb Trust Kusuma Trust Government support - furlough income Harrow Mission - electrical work grant 2021 £ 163,750 50,500 199,131 133,950 38,158 2,150 88,595 2,341 14,692 32,841 43,339 5,543 8,718 2,817 108 25,000 13,328 166,189 13,160 1,004,310 |
2020 £ 150,000 54,500 37,504 141,501 49,574 50,000 2,550 8,880 2,550 67,416 2,493 4,331 13,934 9,365 1,251 2,807 2,800 13,862 251 10,766 8,000 9,301 13,479 657,115 |
|---|---|
| 3. INVESTMENT INCOME Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Sub-letting income 5. RAISING FUNDS Raising donations and legacies Fundraising event costs 6. CHARITABLE ACTIVITIES COSTS Direct Costs £ Youth programme 521,599 Debate Box programme 14,946 Support costs 475,098 Laptop Appeal 47,697 1,059,340 |
2021 £ 91 2021 £ 9,930 2021 £ 46,509 Support costs (see note 7) £ 3,500 3,500 |
2020 £ 301 2020 £ 112,467 2020 £ 77,377 Totals £ 521,599 14,946 478,598 47,697 1,062,840 |
|---|---|---|
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Support costs | 3,500 |
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Auditors' remuneration | 3,500 | 3,300 |
| Depreciation - owned assets | 17,150 | 14,074 |
| 2021 £ Wages and salaries 544,192 Social security costs 34,900 Other pension costs 7,737 586,829 |
2020 £ 494,236 30,819 9,499 534,554 |
|---|---|
| 2021 | 2020 |
|---|---|
| 21 | 19 |
| Premises costs Office costs Staff training/recruitment Staff costs Professional fees Other TANGIBLE FIXED ASSETS COST At 1 April 2020 and 31 March 2021 DEPRECIATION At 1 April 2020 Charge for year At 31 March 2021 NET BOOK VALUE At 31 March 2021 At 31 March 2020 Leasehold improvements £ 179,723 128,305 11,000 139,305 40,418 51,418 DEBTORS: AMOUNTS FALLING DUE WITHIN Trade debtors Prepayments and accrued income |
Fixtures and fittings £ 123,419 123,419 123,419 ONE YEAR 2021 £ 109,579 47,730 1,075 216,210 22,564 81,440 478,598 Motor vehicles £ 42,164 20,644 6,150 26,794 15,370 21,520 Computer equipment £ 51,726 51,726 51,726 2020 £ 138,641 49,596 8,309 165,721 53,572 25,399 441,238 Totals £ 397,032 324,094 17,150 341,244 55,788 72,938 2021 2020 £ £ 24,327 9,330 42,330 1,666 33,657 43,996 |
|---|---|
| Trade creditors Social security and other taxes Accruals and deferred income 2021 £ 63,129 157,444 220,573 |
2020 £ 3,056 8,616 137,738 149,410 |
|---|---|
| 2021 £ Within one year 10,000 Between one and five years 50,000 In more than five years 390,000 450,000 |
2020 £ 10,000 50,000 400,000 460,000 |
|---|---|
| At 1/4/20 £ Unrestricted funds General fund 105,109 Charitable activity programmes 194,000 Contingency fund 150,000 449,109 Restricted funds Youth programme 21,739 Laptop Appeal 21,739 TOTAL FUNDS 470,848 |
Net movement in funds £ 183,173 183,173 84,666 6,406 91,072 274,245 |
Transfers between funds £ (106,000) 6,000 100,000 |
At 31/3/21 £ 182,282 200,000 250,000 |
|---|---|---|---|
| 632,282 106,405 6,406 |
|||
| 112,811 | |||
| 745,093 |
| Unrestricted funds General fund Restricted funds Youth programme Debate box programme Fundraisers post Laptop Appeal TOTAL FUNDS At 1/4/19 £ Unrestricted funds General fund 241,656 Charitable activity programmes 162,000 Contingency fund 150,000 553,656 Restricted funds Youth programme 31,272 Mini Bus Appeal 31,272 TOTAL FUNDS 584,928 |
Incoming resources £ 668,280 606,265 14,946 40,000 54,103 715,314 1,383,594 Net movement in funds £ (120,547) (120,547) (9,533) 16,000 6,467 (114,080) |
Resources expended £ (485,107) (521,599) (14,946) (40,000) (47,697) (624,242) (1,109,349) Transfers between funds £ (16,000) 32,000 16,000 {16,000) (16,000) |
Movement in funds £ 183,173 84,666 6,406 91,072 274,245 At 31/3/20 £ 105,109 194,000 150,000 449,109 21,739 21,739 470,848 |
|
|---|---|---|---|---|
| Unrestricted funds General fund Restricted funds Youth programme Debate box programme Dance programme Fundraisers post Drama programme Windrush Project Motor Project Mini Bus Appeal TOTAL FUNDS |
Incoming resources £ 530,709 377,667 8,330 18,033 40,000 2,800 8,000 10,766 16,000 481,596 1,012,305 |
Resources expended £ (651,256) (387,200) (8,330) (18,033) (40,000) (2,800) (8,000) (10,766) (475,129) (1,126,385) |
Movement in funds £ (120,547) (9,533) 16,000 6,467 (114,080) |
|---|---|---|---|
| At 1/4/19 £ Unrestricted funds General fund 241,656 Charitable activity programmes 162,000 Contingency fund 150,000 553,656 Restricted funds Youth programme 31,272 Mini Bus Appeal Laptop Appeal 31,272 TOTAL FUNDS 584,928 |
Net movement in funds £ 62,626 62,626 75,133 16,000 6,406 97,539 160,165 |
Transfers between funds £ (122,000) 38,000 100,000 16,000 (16,000) (16,000) |
At 31/3/21 £ 182,282 200,000 250,000 632,282 106,405 6,406 112,811 745,093 |
|---|---|---|---|
| Unrestricted funds General fund Restricted funds Youth programme Debate box programme Dance programme Fundraisers post Drama programme Windrush Project Motor Project Mini Bus Appeal Laptop Appeal TOTAL FUNDS |
Incoming resources £ 1,198,989 983,932 23,276 18,033 80,000 2,800 8,000 10,766 16,000 54,103 1,196,910 2,395,899 |
Resources expended £ (1,136,363) {908,799) (23,276) (18,033) (80,000) (2,800) (8,000) (10,766) (47,697) (1,099,371) (2,235,734) |
Movement in funds £ 62,626 75,133 16,000 6,406 97,539 160,165 |
|---|---|---|---|
| Page | |
|---|---|
| Report of the Trustees | 1to11 |
| Report of the Independent Auditors | 12to15 |
| Statement of Financial Activities | 16 |
| Statement of Financial Position | 17 |
| Statement of Cash Flows | 18 |
| Notes to the Statement of Cash Flows | 19 |
| Notes to the Financial Statements | 20 to31 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ |
£ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2 | 658,259 | 715,314 | 1,373,573 | 899,537 |
| Charitable activities | 4 | ||||
| Sub-letting income | 9,930 | 9,930 | 112,467 | ||
| Investment income | 3 | 91 | 91 | 301 | |
| Total | 668,280 | 715,314 | 1,383,594 | 1,012,305 | |
| EXPENDITURE ON | |||||
| Raising funds | 5 | 6,509 | 40,000 | 46,509 | 77,377 |
| Charitable activities | 6 | ||||
| Youth programme | 521,599 | 521,599 | 533,358 | ||
| Debate Box programme | 14,946 | 14,946 | 32,852 | ||
| Support costs | 478,598 | 478,598 | 441,239 | ||
| Dance programme | 18,033 | ||||
| Drama programme | 15,526 | ||||
| Windrush programme | 8,000 | ||||
| Laptop Appeal | 47,697 | 47,697 | |||
| Total | 485,107 | 624,242 | 1,109,349 | 1,126,385 | |
| NET INCOME/(EXPENDITURE) | 183,173 | 91,072 | 274,245 | (114,080) | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 449,109 | 21,739 | 470,848 | 584,928 | |
| TOTAL FUNDS CARRIED FORWARD | 632,282 | 112,811 | 745,093 | 470,848 |
| FIXED ASSETS Tangible assets CURRENT ASSETS Debtors Cash at bank CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS Unrestricted funds Restricted funds TOTAL FUNDS Notes 12 13 14 16 |
Unrestricted funds £ 55,788 33,657 763,410 797,067 (220,573) 576,494 632,282 632,282 |
Restricted funds £ 112,811 112,811 112,811 112,811 112,811 |
2021 Total funds £ 55,788 33,657 876,221 909,878 (220,573) 689,305 745,093 745,093 632,282 112,811 745,093 |
2020 Total funds £ 72,938 43,996 503,324 547,320 (149,410) 397,910 470,848 470,848 449,109 21,739 470,848 |
|---|---|---|---|---|
| Notes Cash flows from operating activities Cash generated from operations Net cash provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received 1 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 Cash and cash equivalents at the end of the reporting period |
2021 £ 372,806 372,806 91 91 372,897 503,324 876,221 2020 £ 147,892 147,892 (24,594) 301 (24,293) 123,599 379,725 503,324 |
|---|---|
| Net income/(expenditure) for the reporting period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges Interest received Decrease in debtors Increase in creditors Net cash provided by operations |
2021 £ 274,245 17,150 (91) 10,339 71,163 372,806 |
2020 £ {114,080) 14,074 {301) 181,807 66,392 147,892 |
|---|---|---|
| At 1/4/20 | Cash flow | At 31/3/21 | |
|---|---|---|---|
| £ | £ | £ | |
| Net cash | |||
| Cash at bank | 503,324 | 372,897 | 876,221 |
| 503,324 | 372,897 | 876,221 | |
| Total | 503,324 | 372,897 | 876,221 |
| Leasehold improvements | 10 years straight line |
|---|---|
| Fixtures & fittings | 25% reducing balance |
| Motor vehicles | 25% straight line |
| Computer equipment | 25% reducing balance |
| 2021 £ Grants 1,004,310 Donations 369,263 1,373,573 |
2020 £ 657,115 242,422 899,537 |
|---|---|
| Another Way fund raiser Winter Big Give Summer Big Give Harrow School - Long Ducker Gift aid Fee income Laptop appeal Other donations 2021 £ 108,381 67,787 33,500 6,250 73,457 54,103 25,785 369,263 |
2020 £ 123,648 37,340 18,482 8,109 54,843 242,422 |
|---|---|
| Harrow Mission John Lyon's Charity Royal Borough of Kensington & Chelsea London Borough of Hammersmith & Fulham BBC Children in Need Hammersmith United Charities Kensington & Chelsea Foundation Westway Community Trust London Youth grant The London Community Foundation Big Lottery Greater London Authority Jack Petchey Dr Edwards & Bishop King Paddington Development Trust National Foundation For Youth Young H & F Foundation Community Organisers The Gate Theatre Groundworks London Youth Grant Car Giant Church Urban Fund Harrow Mission - lighting grant Other Lightbulb Trust Kusuma Trust Government support - furlough income Harrow Mission - electrical work grant 2021 £ 163,750 50,500 199,131 133,950 38,158 2,150 88,595 2,341 14,692 32,841 43,339 5,543 8,718 2,817 108 25,000 13,328 166,189 13,160 1,004,310 |
2020 £ 150,000 54,500 37,504 141,501 49,574 50,000 2,550 8,880 2,550 67,416 2,493 4,331 13,934 9,365 1,251 2,807 2,800 13,862 251 10,766 8,000 9,301 13,479 657,115 |
|---|---|
| 3. INVESTMENT INCOME Deposit account interest 4. INCOME FROM CHARITABLE ACTIVITIES Sub-letting income 5. RAISING FUNDS Raising donations and legacies Fundraising event costs 6. CHARITABLE ACTIVITIES COSTS Direct Costs £ Youth programme 521,599 Debate Box programme 14,946 Support costs 475,098 Laptop Appeal 47,697 1,059,340 |
2021 £ 91 2021 £ 9,930 2021 £ 46,509 Support costs (see note 7) £ 3,500 3,500 |
2020 £ 301 2020 £ 112,467 2020 £ 77,377 Totals £ 521,599 14,946 478,598 47,697 1,062,840 |
|---|---|---|
| SUPPORT COSTS | |
|---|---|
| Governance | |
| costs | |
| £ | |
| Support costs | 3,500 |
| 2021 | 2020 | |
|---|---|---|
| £ | £ | |
| Auditors' remuneration | 3,500 | 3,300 |
| Depreciation - owned assets | 17,150 | 14,074 |
| 2021 £ Wages and salaries 544,192 Social security costs 34,900 Other pension costs 7,737 586,829 |
2020 £ 494,236 30,819 9,499 534,554 |
|---|---|
| 2021 | 2020 |
|---|---|
| 21 | 19 |
| Premises costs Office costs Staff training/recruitment Staff costs Professional fees Other TANGIBLE FIXED ASSETS COST At 1 April 2020 and 31 March 2021 DEPRECIATION At 1 April 2020 Charge for year At 31 March 2021 NET BOOK VALUE At 31 March 2021 At 31 March 2020 Leasehold improvements £ 179,723 128,305 11,000 139,305 40,418 51,418 DEBTORS: AMOUNTS FALLING DUE WITHIN Trade debtors Prepayments and accrued income |
Fixtures and fittings £ 123,419 123,419 123,419 ONE YEAR 2021 £ 109,579 47,730 1,075 216,210 22,564 81,440 478,598 Motor vehicles £ 42,164 20,644 6,150 26,794 15,370 21,520 Computer equipment £ 51,726 51,726 51,726 2020 £ 138,641 49,596 8,309 165,721 53,572 25,399 441,238 Totals £ 397,032 324,094 17,150 341,244 55,788 72,938 2021 2020 £ £ 24,327 9,330 42,330 1,666 33,657 43,996 |
|---|---|
| Trade creditors Social security and other taxes Accruals and deferred income 2021 £ 63,129 157,444 220,573 |
2020 £ 3,056 8,616 137,738 149,410 |
|---|---|
| 2021 £ Within one year 10,000 Between one and five years 50,000 In more than five years 390,000 450,000 |
2020 £ 10,000 50,000 400,000 460,000 |
|---|---|
| At 1/4/20 £ Unrestricted funds General fund 105,109 Charitable activity programmes 194,000 Contingency fund 150,000 449,109 Restricted funds Youth programme 21,739 Laptop Appeal 21,739 TOTAL FUNDS 470,848 |
Net movement in funds £ 183,173 183,173 84,666 6,406 91,072 274,245 |
Transfers between funds £ (106,000) 6,000 100,000 |
At 31/3/21 £ 182,282 200,000 250,000 |
|---|---|---|---|
| 632,282 106,405 6,406 |
|||
| 112,811 | |||
| 745,093 |
| Unrestricted funds General fund Restricted funds Youth programme Debate box programme Fundraisers post Laptop Appeal TOTAL FUNDS At 1/4/19 £ Unrestricted funds General fund 241,656 Charitable activity programmes 162,000 Contingency fund 150,000 553,656 Restricted funds Youth programme 31,272 Mini Bus Appeal 31,272 TOTAL FUNDS 584,928 |
Incoming resources £ 668,280 606,265 14,946 40,000 54,103 715,314 1,383,594 Net movement in funds £ (120,547) (120,547) (9,533) 16,000 6,467 (114,080) |
Resources expended £ (485,107) (521,599) (14,946) (40,000) (47,697) (624,242) (1,109,349) Transfers between funds £ (16,000) 32,000 16,000 {16,000) (16,000) |
Movement in funds £ 183,173 84,666 6,406 91,072 274,245 At 31/3/20 £ 105,109 194,000 150,000 449,109 21,739 21,739 470,848 |
|
|---|---|---|---|---|
| Unrestricted funds General fund Restricted funds Youth programme Debate box programme Dance programme Fundraisers post Drama programme Windrush Project Motor Project Mini Bus Appeal TOTAL FUNDS |
Incoming resources £ 530,709 377,667 8,330 18,033 40,000 2,800 8,000 10,766 16,000 481,596 1,012,305 |
Resources expended £ (651,256) (387,200) (8,330) (18,033) (40,000) (2,800) (8,000) (10,766) (475,129) (1,126,385) |
Movement in funds £ (120,547) (9,533) 16,000 6,467 (114,080) |
|---|---|---|---|
| At 1/4/19 £ Unrestricted funds General fund 241,656 Charitable activity programmes 162,000 Contingency fund 150,000 553,656 Restricted funds Youth programme 31,272 Mini Bus Appeal Laptop Appeal 31,272 TOTAL FUNDS 584,928 |
Net movement in funds £ 62,626 62,626 75,133 16,000 6,406 97,539 160,165 |
Transfers between funds £ (122,000) 38,000 100,000 16,000 (16,000) (16,000) |
At 31/3/21 £ 182,282 200,000 250,000 632,282 106,405 6,406 112,811 745,093 |
|---|---|---|---|
| Unrestricted funds General fund Restricted funds Youth programme Debate box programme Dance programme Fundraisers post Drama programme Windrush Project Motor Project Mini Bus Appeal Laptop Appeal TOTAL FUNDS |
Incoming resources £ 1,198,989 983,932 23,276 18,033 80,000 2,800 8,000 10,766 16,000 54,103 1,196,910 2,395,899 |
Resources expended £ (1,136,363) {908,799) (23,276) (18,033) (80,000) (2,800) (8,000) (10,766) (47,697) (1,099,371) (2,235,734) |
Movement in funds £ 62,626 75,133 16,000 6,406 97,539 160,165 |
|---|---|---|---|
HARROW CLUB To= Haines Watts Old Station Hose Station Approach Newport street Swindon SNI 3DLI Harrowoub The following representations are made on the basis of enqulrles of management and staff with relevant knowledge and eXperIen such as we consider necessary in connection with your audtt of the charitsble companls financial statements for the yearended 31 March 2021. These enquiries have included inspection ofsupporting documentstion where appropriate and are sufficient to satisfy ourselves that we can make each of the following representstions. All representations are made to the best of our knowledge and belief. General l. We have fulfilled our responsibilities as dlrectors / trustees as set out in the temis of your engagement letter under the Companies Art 2CQ6 1 Charities Act 2011 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Practi1, for being satisfied that they give true and fairview and for making accurate representstions to you. 2. All the transactions undertaken by the charitable company have been properw reflected and recorded in the accountin8 records. 3. All the accounting records have been made available to you for the purpose of your audit. We have provided you with unrestricted access toall appropriate personswithin the charitable company, and with all otherrecordsand related infomiation requested, including minutes of all management and trustee meetings and correspondence with the Charity Commission. 4. The financial ststements are free of material misstatements, including omissions. 5. We acknowledge and are In agreement with all audit adjustmenst as set out in the attached COncl113tI0n. Internal control and fraud 6. We acknowledge our responsibility forthe design, implementstion and maintenance of intemal control systems to prevent and detect fraud and error. We have dix105ed to you the results of our risk assessment that the financial statements may be misstated as a result of fraud. 7. We have disclosed to you all inStsn$ of known or suspected fraud affecting the entity involving management, employees who have a significant role in internal control or others that could have a material effect on the financial statements. 8. We have also disclosed to you all infomiation in relation to allegations of fraud or suspected fraud affetting the entiws financial statements communicated by current orfomier employees, analysts, regulators or others. Assets and liabllitles 9. The charitable companyhassatisfactorytitleto all assetsandthere are no liensorencumbranceson the charttablecompanls assets, except forthose that are di5ckJsed in the notes to the financial statements. 10. All actual liabilitie5. contingent liabilities and guarantees given to third parties have been recorded or disdosed as appropriate. 11. We have no plans or intentions that may materially alter the carryin8 value and, where relevant, the fair value measurements orclassification of assets and liabilities reflected in the financial statements.
Accounting estimate5 12. The methods, data and signifrant assumptions used by u5 in making accountlng estimates, and their related disclosure4 are appropriate to achieve recognition, measurementand disclosu that is reasonable in the conte*( of the applicable financial reporting framework. 13. The d)aritable compary has riot granted any0dvan5 orcredits to. or made guarantees on behalf of, direciors otherthan those disclosed in the financial statements. Legal claim5 14. We are not aware of any claims in connettion with litigation that have been, or are expected to be, received. Laws and regulations 15. We are not aware of any instan5 of non-complian or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements. Related partles 16. Reiated party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed toyou all relevant information concerning5uch relationships and transattionsand are not aware of any other matters which require disclosure in orderto comply with legislative and accounting Standards requirement& Subsequent events 17. All events Subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted forand disclosed. Going concern 18. We believe that the charitable companrfs financial statements should be prepared on a EoinE concern bason the8rounds that current and future sources of funding or support will be more than adequate forthe charitable CoMpanS needs. We also confimi our plans for future actionlsl required to enable thecharitable companyto continue as a going concem are feasible. We have considered a period of twelve months from the date of approval of the financial statements. We believe though that some further disclosures relating to the charitsble companvs ability to colltinue as a going conrn need to be made in the financial ststements-see note l. Grants and donation5 19. All grants, donations and other income, the receipt of which is subject to specific tems orconditions, have been notified to you. There have been no breaches of temis or conditions in the appIltIon of such income. We acknowledge our legal responsibilities regarding disclosure of infomiation to you as auditors and confirm that so far as we are aware, there is no relevant audit information needed by you in connettion with preparing your audit report of which you are unaware. Each director has taken all the steps that he/she ought to have tsken as a director in order to make himself/herself aware of any relevant audit information and to establish that you are aw rmation. Yours ithfulty Signed on behalf of the Board of irectors/ Date.................................. Office and Registered Address: Harrow Club, 187 Freston Road, London wio 6fH info haawc1ubWlo.o -0208 969 2528 htt www.harrowclubwlo.or Company No.. 3161792- Registered Charity No: 1054757