Rytrred Cbarlty Number: 1055187 Registered Company Nwnber. 03lb800( (Ellgland and Wales) ACE OF CLUBS (CLAPHAM) (A company limited by guarantee) REPORT OF THE TRUSTEES & D]REoRs 2nd trNAUDITED FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 JULY 2021 Suiie 5 6 Great ornThJ Street WCIN 3RB
Ace of Clubs (Claphxm) Content8 Page Reference and athninstrative detai18 of the tharity, its trustees and advisers Report of the Trustees Independent Examiner's Report Statement of Financial Activities and income & expenditure account Balattce Sheet io No1¢8 to the Financial Statements 11-15 The followlng page does not forni part of the flnan¢lal 8ta¢ements Dctsiled Siatement of Financial Activities 16 Appendix 17
Ace of Club5 {aApham) RefereDee 4nd admin•trAtiv¢ detall5 of the ebrlty. Ets trll8tfts nd advlsers for the yeAr ended 31 Juty 2021 Trustees and Dlreetors: The Tnmees we tbeirtime vohmtsTily and without remuneratiotL Thcy we TrKmb¢rs and the Ttwtees ofthe Congrcgation of the Most Holy Red and We for the time Rev T. Buckley C.SLIL Rev k Burrts c.ss R¢v C. C¢)rTigaD C.S8.L Rev E. Gwtm¢ C.S&R. Rcv C. R8ndaEI C.S5 R¢v IL Reid QS&l Company Seeretary: Rev M Taylor C.S8.IL Memben of Trustees, Managemellt Committee: Rev E. Gw¢m6 C.S& Mr D. J08hi Mrs V.A. Rev P. Morris C.&.R. Mr F. Ortega Rev C. Simba Mtthabva C.Ss.R. Dlrector.. R¢v M. TaylorC.S& Rogl$tered offlce: Ace of aub8 St AlpknAM Road Cl4pham LAnXtDn SW4 7AS Independent VJxamiDer: M&l*san & Co Sollcl¢ors: Pothecary Wilham Weld 70 St George¥ Sqwe Li>tKlon SWIV 3RD Bankers: HSBC Bank plc 117 Balham High Road B4]ham LJ)Trlon SW12 9AS Charlty reglstered number: 1055187 Company regtstered number: 308(M)66
Ace of Clubs {Clapham) Report of the Trustees and Directors for the yeai ended 31 Juty 2021 The Trustees (wbo are also diredors of the ¢harAty for the pwp08e of the Comp2nies Act 2006) present their annua] rew)rt with the unaudited f]naDcial stst¢Jts of th¢ chan.ty foT the year ¢ThJed 31 July 2021. Thc financial ststeEt2ents have been prepared in accorda with thc accounting policies sel out ID Note I to the fillaneiai statements and comply with CUTTent siatutory requirelluts of the Chariiy's Tn Drt tbe CompgJJies Act 2006 alld "AccottA8 aDd Rwting by Clwrities.. Ststellt of Recomed Practice applicabl¢ to charitics preparing their accounts Rn wlrdalltt with the Financi RetM)Tting Stathlard arvlicable iti the UK and Republic of Irelalld (FRS l(r2)' ObJe¢tlve# Actlyltl Polleies and obJ¢¢dv The Ac¢ of Club's mission statement is '. fe off the stre4 h¢lp onto yow f¢¢t...SUNK)rt foT the bomeluB and vulnerable." Ill line with thi8 mi8sioD 8tat¢mm the priwipAI objrxttve8 of the Clwity gr¢ ty pronM)t¢ and provide for the relicf of povcrty, the advancennt ofedwAtion atyj und¢rtakc other charitsble work through the provision open-&cee$s day4eDtr¢ for tbe homeleu. vuiDerthl< disposses ard most vuln¢rable in SLKiety. The aim is to not only uddre55 inunethate bljman le.g. hung¢r) also lo go alK)ve and beyoNI sh needs by Tnaking a differenc¢ to clients. lives thTOU8h transfoTJniv¢ 5upF (¢.g. traillin8 and eductition). Publle benellt Further to the objectives %t out above. the 'frustees ve considered the genernl 8uidance publish¢d by the Charity ComMi10n r¢l&tin8 to publLC b¢n¢fit when r¢vi¢wiD8 the ¢haritits o¢tivitiK in plrtlcar 8uidattce on the prevcniion or reli¢f ofpov¢rty. Acttvltleg for •¢hlevlttg obJectlve4 Acc of Clubs is 8 fr¢e. open A¢¢e58 oUtreh projeet (day cknl. AIthou8h bas in Clapham, and the borough of Lamw we wekome ALL homel¢ss. vulnerable 8TxI dispossessed and do NOT di5¢nminaie (Trn the blS of age. raee. wlour. re1w.0 nationk] origin. sender. s¢xuol orientAtion. marital gtatus, or disability. The Club constitutes a safc spacc and pla¢¢ lo rel4 wh¢r¢ all thos¢ WI w41k throu8b our doors can fccl respted, ablc to trust thc slaff and hav¢ a seThse of bclonRin%. The Club has dev¢lopcd ov¢r time into a sophisticated one-SWI shop. offtTiDg a range of xrvices that addresses immediate hum8n rteeds of the horo¢les4 swlnerable. dispO&sSed, isolat&l ¥ttd otherwise mar8Lnalised. bui that Also constires tyatt8fonDatsve support thai helps to chaD8e peoples. livLq for the better and also pemunettily. The rn18e of servicu in¢lud4 but is llot ]in]it&l to. the follow :_ Hot meals Coffee and t¢a bar Hot food takeaway service Food bank Hot showeTS Clothesltoiletries Store Laundry facilities In-house NHS nurse NHS d¢ntsl van Case-worhD8 Counselling Education 8nd training
Ace of Clubs Icjapham) Report of the Trustees and Directors for the year ended 31 July 2021 IT suit¢ and facilities Mobile phon¢ rcchargmg Provi%ion of temporary rnail athlr& EY travel 8&siStae Veterinary lStanCe for the fu friends and companions of homeless Help in obtsining ¥cconlnti0n ard getting off the Streets Trlousitig advie¢ aDd assistanct Wclfare adyice and L5sisthn¢e Lan8uag¢ assibtanc¢ and translation Hclp in obtaining ID foT purpo8e8 such as ¢)pcnin8 bank a¢Unts and facilitating traY¢l The Club is open every weekdAy. ALL yeary0w includuw btDk Iliday0 specifically CfrristsM$ day. Aehl¢ven)enti gDd performattt¢ for the y¢•r 222021 Revlew of Actlvldes General Th¢ Ccntre continues to be in¢TclDvJY and consistently busy. C()vid forLed Ace io r¢considcr and reformut¢ its activities accordingly be88n operatrn8 o hot food take&way 8erYice from the first loek-down in OrdanCe with s¢n"a Government protocols in March 2020. The period undcr r¢vicw (August 2020 to Jthy 2021) bas all tsken p]Ace within cont¢xt of the Covid pandemi¢ and has Wth£e the contilluatsoo of hoi fotsd tskeaway 5erviee for the full tsvelve nk)nths. The need belnK &ddreMed. As a result of Lovid lo¢kdowN eSS to food by the honle4 vulDer¥ble atrj disposges8ed becamc Compromised and re8tricted with the clostng of llh)st thkeaw8y food ourlets aryl other outrejch projects. Moreover. Such individuals did noi bav¢ the resiHLW or Hbility to Queu¢ for limit&d access to $up¢mwkets. From fecdback I1Ved frorn our clionts. volunteers alld liwying with othky outr¢a¢h projccts, there an idelltifJAblc necd of hardship and bu¢[. We antiLipatc th&t the nced thai ar08e during lockdowm will continue After lockdowD is lifted 8nd will pers¢vere aftcrwards when the full effects of Covid 19 (inclwling economic cotwu¢nces) 8re feli by society. With foTecast of austerity ahead of u4 the from hd51Mp s1 hunger will only be eya¢¢thted. The menJ by whlcb th1% n¢¢d w*1 Iddresd. During the pcriod der Tevi¢w (Aug 2020 to July 2021) Ace Df Clubs continu¢d to curtail its nornmi of op¢rntson5 and re.focwssed its eleS alxl TCSOws inlo what was ¢onsiderEd nM)st needed and fcasiblc. Ac¢orth'n8ly. througb physical reorganisation ofits kitchcll f¥ilities and acc&%8 routes. Ace of Clubs WDtitiued to provide a hot f¢)od takcaway service and food operaliD8 vuder strici G0vernn]et protocols {e.8. s181 distan¢ing) so as to address the needs from hardship and of hunger. These DR41s w¢re provided for frtt. Due to a Covid 8we, the C¢tth closed ¢on4)letely sbort perMMI of two wrek5.' I¢ver, theTe was not a single confinned case of Covid ernonakng from the Centre.
Ace of aubs Iclapham) Report of the Trustees and Directors for the year ended 31 July 2021 All nys15 of numbers of meals provid forthe )r8r uer Thi¢w is webeow. Totsl.. Hot Meals 50wttk8 August 2020 10 Sltly 2021 Tothl 34.443 Weekly AvrrdR¢ 688 Dailv Av¢raAe 137 A¢e does noi discriminatr on eatt we our servt¢¢& and w has vrithesJ 8ervice coming from )10. Greater Londo and as far afield &5 Enfield Essex. We believe that we have been one of the few, may be only. outrt&h proieth that has been open Mottday to Friday continually throughout lockdown. Ail hot mea]J are prepared from USiD8 fresh iienty on a daily buij. We T¢¢011&e thai the fooifa]I w¢ have witnessed 1$ testsnl to the prov¢n effectiveJ¢6s of tternpting 4ddres8 the nceds arisinB from hardslup, panieu]arly hunger. We have ¢Thpirieal evidence our hoi fo(xl takeaway meal has sonktimes been the only I1 that some clients hove been able to (A)tsin on a daily basis durin2 the vor]0 Covid lockdowm and pandemi¢. Outllne of how we have nwnltored #nd recorded the numbers of people hdpe We undertAke stri¢t policie& Procedures aDd proto¢o18 at Ace of Clubs, ijKludiD8 ii8orous dats e4)ti0 Accordingly, ordS have been kept on g daily lfrom a ph.1 COUDt) of the llUmb of servi¢¢ user5 acc¢5sing our hot food tskc&way service. Wher¢ e4nerwy eWorkIng 8150 provide4 detailed client record5 have also been kept. Ace of Club%, tKw initiative, of a knt f¢xKI takeaway seryicc that Wa8 prOded free of charg< has provided uniqu¢ and mu¢h necded 4¢Nee durinA Covid. This hos s&tisfi¢d demon5trabl¢ rLeeds- portiadady ful8181 Iwd51up and buD8er. Food d¢llYery ADd partDer9hlps Meftls PTovided at Ace of Clubs are pTepATed from Scratch with freth inyedi¢nts by our Suithbly qualified in- hous¢ ¢her. That prcparatioD takes place ID 8 State of the an kitcbcn that compli¢s with all health and fety r4uiremcnts atLd thal qualifies for the hiRbcst h"ent slandard (rin% 5). The meals provided (and particulorly the h)t food take8Y service) 8r¢ made p(Ksiblc by th¢ food donatioLs we receive from our fcM)d parthers (see appdix).
Ace of Clubs Iclapham) Report of the Trustees and Directors for the year ended 31 July 2021 Ate volunteeriog Withvut our votuntecr& the C¢ntre would noi be able to achieve all it dijes. This SUPFA)rt Con from a raoge of volimteers including: local resid¢nts' Students. frn atbj curreth ¢liems' W0p1aCe teattk8 their co4Mx3te responsibility programm (see appendix). Ace of Clubs has proactivety its Vol pro8ramD to ertsure that it is eoryliant with best practice, ther¢by h]eTring the maxin)um benefit for the Club's cliajts but •]so that t vohmteers obtain worthwhile experience too. A new volunteer ptslicy and procedure has b¢¢)) ititr(xlwed to tbat prospxtive ndIdateS att suitably Yctted but also to ¢nsurc thjt th¢y ar¢ appTopriat¢ly safesdl. Relwted p&rties Ace of Clubs 1$ ultimately controlled by the CoD8Tegation of thc M05t Holy Redeenwr wkn.ch continues to provide prcmis¢s at a heavily sUbSl8ed reDtAI of £30,(KK) w annunL The Congregation al80 oversees the maDa8ern¢nt of two charity shops (iti th¢ Clapbam and Balbarn). with the objective olg¢ncr4ting profits which which are rlllg.faed and can only bc wed as wt based foT the Ace of Club8 clwiry requesL Ace of Clubs is related to Redemptorist Publicatson4 a re8LSter&J clwity. by virtue of th¢ comrnott Control by th¢ same group of Trusl¢es. RedempLoroist Publications &0 provid pa11 attd administtative wvices to the Club. includin* panent of salaries in advance of Teimbur8cmut. FlnanelAI Revlew The full detAi18 of the financial activitiu of the Cb4Tity are sh)wn on the followin8 Pl8es of the Report and Aewunts. Th¢re a surplus for th¢ year of £33.076 on unreBtricte4J fill6 (2020.. £102229). Donations and 8rant8 Ke¢¢ived from a corttbitiation of cbaritsble other ¢b4rities. iDdividuais. businesses, chuhe8. schools and ev¢nts. Details we 'Ven in Not¢ 2 of the Aecounts. No &tatutory or A0venun¢ fuDdinR 18 TEc¢ived by the dwity. Thc Trustees ar¢ grniefid to everyon¢ sUPrted th¢ Crity during this financial year. both br8e and small. which enabl¢s the chartty io carry out its Valble w)rk. rundraising eonlinu&4 to be the rTK)St $i1ftent Priority, So as to supm the vitsl s¢rvices provid by the A¢¢ of Club3. The priority continues to be to develop fijrther lon84¢nn funding relation$hips that satisfy wre running osts but also build on and diversify our L2LrreTJt funding rKNork. Th¢ charity however i4 not immun¢ from the difficulties exp¢rien¢ed by other charities trying to raise fund8 itt a parn"¢ularly (llengin8 onomi¢ enviroDmet)t. The Trtte1 and thAng8ekwot ¢oIiJmitt•o will conti10 tts vmrk to cxplorc n¢w avcllurs for raising finance for the chaTitsble actiTritiN pur8L¥d by the Ae¢ of Club8. The meal ticket hen OF¢Tated by the Ace of Ctubs faciiiW¢8 the 8iVitk8 of support to Vulntrle 8nd kntllcI¢ss p¢oplc on th¢ street, but also provid a valuablc Option for members ofthe 8eDer•l public lo support th08e less fortuua¢¢ ill society by providig access to th hot Rlsk management The TnLStees Conunittec have revie4 the Tisks which thc charity is exposed, in parti]r thos¢ Telated to the operations atrj finan8 of th¢ thrity. and are satisfied apprOpte Wntro18 are in p]aee to roitigate its exposure. Reseryes pollcy Thc Tnthes keep the level of Rcserves uDder Teview. by employiD8 regularly updaled fortt&sts 8t projeaions of the know) pattenj of iOme and the prowKd l¢vel of outgoEngs for at leasi twelve months 8head. An UJJttStricted reservespoliey based on six nKkntlks forward ruDDing ¢osts has been as 8 prime indicator.
Ace of Clubs (Clapham) Report of the Trustees and Dirertors for the year ended 31 July 2021 The totsl fimds held as at the y¢aT t1 were £249.094 (2019 £147.149). of wthich £55.156 (2019 £35.131) w8S Testricted fiuKls and £33.906 {2019 £54215) deS1ted fiwwj to cover the firtsw¢ deryyation of fixed ass leavi £160,031 unrestri¢ted reserves. Targeted fijndraising applications aTe ft¢ to ¢over th¢ m08t wificant 8[5 of running the Ae¢ of Clubs (sueh as stsff sal8ri¢s) 50 th restricted wh rrt¢ived for te pu w1 Wili] within 12 Dknnths of b¢ing received. Future plqnj The Trst5 aim to contitiue w develq) # 5trate8ic plan for the of the A¢¢ of Clubs for srowth in lerviees offered but also atm to m4intsw tbe core servi8 which are ID ry d¢mand with their vu]nerable alld hom¢le&s Cellts. structur governallce And management Governlng document The organisation is 8 chan"tsble Company limited by 8uar8n. ted on 14 July 1995 re8iSt¢red Charity on 8 May 1996. Th¢ Company w&s e$tsbli8hed under a M¢DradUm of Association which established the objects and powers of the Charitsble Company and is governed uthler its Articles of A&so¢iation. In the event of thc Company bein8 wound up nMberS are rL¥]uired to coDtribute an amouni ex¢ctdin8 £1 Jn March 2012 th¢ Tn]ste¢s aMEn the Charitys Articles of As8oci8tion to allow the fOrntion of a Truste¢5' Mana8ement Cornmittee. Th¢y have dele8at¢d day to day mao&8ement of the Ctwity to this Cornmitie¢. This consists of three Redemptorists Ind up kn five non- RL4Jenym from the loca] c4)mmurrity. Oryinlsathn#l structure Ther¢ is 8 tri-partit¢ mgem¢t in pl4K coNi8tin8 of .. The Tntste¢5 Th¢ Tru$t¢es' Coromitt¢¢ Centre M&nagem¢nt The Tr$t¢¢8 arc responsible for the stratrgi¢ direction policy of the charity. and have through the committee regulations. delegated all matters rt18ting to the day-tol&y Th8nagent arKI operntion of the charity to ihe Truglee's Committee. The Trustees, Cornmitt¢o me¢ts on a basis. The day to day re5POrt5ibility for the prowxinn of serw¢¢s by the ch•rity ia th¢ lbIlIty of thc DIr[or. a85isied by the Centre M4n8ger, other staff, with the l$la]¢ of voluDte¢rs. ReerultmEot And AppointmeDt of Dew Tr48t¢ Th¢ Tn]stees are elect¢d by the mcmbers of the Congrewion of tbe Most Holy R¢deew for a perh)d of four years, with th¢ tK>&sibility of re]lI0n at the end ofeach four yw period. In all n)atter8 rtlating to fuwjce and civil law th¢ TrIte¢S ar¢ aw of the itDPOrtawe of srtkm8 appropri* profes8iODal advice. Trustees aTyJ committee members receive an llMlu¢tilM] briefy aDJ are give an ithtiOn pack with detsils of the constitutiotj and about the work of the charity. Arrangements are also made to ensure that visits to the Centre are nJad¢ on a regular basis, SO as to witws the ot¢ratiotLS of the ¢Fthrity fitst baThl.
A¢•of Clubs ia•phaml Il•portof th•Trustsand DlYertor5 lorth• ythr•nd•d 31 Jthf 2021 Statement olTrust¢e5' rngPDDsffibll¥ties ThB Tn¥tses Are 5Ible for fryEpafiD8 the TnLS(¢e5' Anlluai Report fjlld tht fiD80c atetneDts iL a¢¢ord•)¢E applicable laws 4nd r¢8ulatioDs Cotty>ally law reqwres th? tnwee5 to ptEpate fjJtgll¢iol Ststem¢Lts for ea¢h ]knL¢iBI w. Uttd¢t rbw ]aw thev Bre KequiTed to prepE th¢ ftrjauciat Sta¢M illcludillg FRS 102 The FiDaD¢ial Repoth8 Slatsdtrds 8pp]i¢able * the UK alld Repub]i¢ of Ir¢len& Un ¢ozllpatty law the Trlths ttutst not 4pprov¢ the finttts¢i41 stateDwts th¢y Aft sats5f th&t they 8iv a foil of the of tbe stete of Qlf9 of the ¢b8xititable cotopFlly attd of Ibe ex¢es$ of iucotr oTrrr expenditure forth9twiod luprepw th¢se statetyJ¢Lts Tm8t¢es are ¥equTr¢d to.. • kle¢tStLtr£ble 8cCOtiD8 wb¢i¢s aodthEll apply therncotisistsy'. • si¥te uðet applicable UKA(WUTrty8 StaDd8rdshave be followe AtbJ'ec£to 8tyn)attrial depoues di5closcdmdexplgJll¢d inthe statellwtg stat• and The TteeS respotigibl¢ for keepiDg ad¢quate a¢¢otiD8 r¢¢ords that art to show8Dd exploin th¢ haritsbie coDWS trOtGtso 8tyd Ihsclose with rekgouable at attytime th¢ posiuoa of tht charitable cowaDy 2lld enable them th ell8Ef¢ thar the fJJJ8ts¢ial cotswly the C(xYJpucs Aet 2006. Theyhave g¢tr81 resEK)tssible fort8knD8 wtshsteps ¥ ¥ttr¢8¥0n1y0pOll to ro ofthe charitsble CODJP0llj aDdpr¢veDtgllddetertof fraud 8lldots]zre8ultyritie F¥)licies set out the tythe acco alld comply with thr charitys BovemiD8 do¢wnety, tht Chsrities A¢t 2Qll 8ttd A¢till8 a1 Repottmg by Chatities. Statell of Prwire applicable to Chtt£S preparin8 th¢it aCCots Jll a£¢orth2e with FRS 101 Tr FiA¥A¢iql Repotti08 Ststthd applicable iti the UK Jd Republi¢ofJtelaadpthlthd oll 16 Jui> 2014. This reptrtWg5 appFov¢d aTLdauthoyised foriswbythe TnJ5%E oll28 AprA 2m ar1 wd on its bewby.. ONBEHALF OF THE BOARD dai¢
Ac• of Club• ICl•phaml Indawndent report to the Tru1 of Ac• of Clubs I¢1•nI forth year •nd•d 31 July 2021 I report to the T1885 on my e8On ol thè ac4xwJnts ol (aapthaml fc¢ the ended 31 July 2021 ¥%thich afe Set ¢Krt on pog849 10 16. RESPECTIVE RESPONS18LmES t> TRUSTEES AND EXMIWER Th8 Trusiee5. vtho ar& a150 the dwtct¢n of the wmparry frjr the purpow ofpanY l¥w. are res[8418 ts thè prepar30 ofthe acLoJnts in acran¢0 with the TequkÉments oflhe Companle5 Ad 200612006 Acll. Tho TNstees consider thai an èudit is not rewirBd fly tr"s year uThYer 5eclfjon 744121 of lh¢ Chwiti85 20111tr Acll und•r Pwi 16 ofthe 2CKJ6 Nrtand thal an ¥¥J8p8rtdèrt mInall0n1S needed. H8vlno my88Nlh8t th8 atnts ofth? rw)t rtyjuired to b8 aLKlrtad uThJwP•rt 16 clth• 21)06 Act and are 8111)1 for Independent ex8minolh)n, il is myrnsFrfy¢its"Ity to.. 11 ¢xamin¢ Ihe xcounls ur¢r 8e¢lion 145 of Ihe 2011 Art. 151 follow Ihe procedw•$ laid dovm in the Gener4 Crttd¢n8 byth¢ Chwity CaMIW)n SOn 1451SXbl of the 2011 Act., end llil stat8 %thelher pai8T mattorn hawt ccfft to my ati•thn. Th18 T8prt. Including my $totarneni. has twi pr•?j and th• Ch•iV• TnMt•a6 as 8 b)Jy. My work h8s b¢en undertaken $0 Ih8l I mIt state ¢0 tha Cha¢W Trn6188s th068 malier5 1 am reqund to $tale to them In an Indopen¢J¢nt ExarnM•¢s Rewxl 8rKJ no Yh8r purp. To lh& hjlest extent permilted by Lw. I do not #¢c•pt or 8$5um8 responslbilty 10 anyone olh8rthan tho Charlty and th• Chartlys TTSJ6te as • body, for ffly exomlnalth th, f¢r th{• r•prt ry ftx th• StOtem I h•v• m•Je. ASIS OF INDEPENDeNT eXliNE1r3 REPORT My ex8min•tyw was carried crtjt kn &¢Wdan the Genorel L8(¥c$ by the Charfty CmISon. An ex8mlnatbn IndleS a ol th¢ acwJnUno reecrfds kapt by the Chwity and a cthnp•rtsM (rf the aceount8 pr•sMted 1 thosè rocrd8. tt 8150 indudos (XWhl8ralion ol any unu8ual It8m8 c¢ dlsdo8wes In and seeking eW$tIOnS from yw trustees ¢OnCem any luch motter¥. Thg prct•Jurns undèrtaken do ncl provld• 811 Ihe evid•n¢• Ih•l b• in •n 4udM, and COn8uen1lY lTr1 l& gtven •8 to ether the accoJnts Athj f lh• T•wl kn IknN•d kn Iho¢• mottw• 181 tyjl In tho 8tètemI below. INDEPENOENT EXAIIINEf8 STATEPIEIIT Slnc• lh¢ Ch8rlty8 gre4s Inc? •x¢•8ded £250.QCQ >oJi•ywdMr rrnNt bo 8 Mbar cla body lited kn ¢On 145 of the 2011 l ¢Mfirm l am quallfied to drt•ke thg eyAffllnalkn by bFlr¥J o mthbr cl Ihg of Chart•r¢d C•rilN8d Accounianls. 18 the I have completed my ern80n. l that no m•twW m•tters ha eam to my •tt•)Oon kn tho Oxarnin•tft gin9 ma Jse lo beo¥P that in Anymwertol 1. accounting roctyds w• not kepl in respxlcl th• Cwwy x wuwv4J by 8•ctpx 388 offv Comp4nie# Ad 2., or 2. the aLKounts do not accud wrilh those reryxd8" or 3. the accthjnts ijo the 8C(thmtMig of wuon rfthe 2C oth•r th any reqr•M•t that the 8co>Jrt$ and ts a m•li•r $bjerE 9$ part of independenl ex8rnin8bon'. or 4. lh8 accujnts ha Mt been prepAr8d in 8ccordunc i*th Ihe m8th)ds wnryles oflhe st•tent of Recomended Pracbce Icrf and rerothg by Chwlttes apphknab lo tharile8 wepanng tho a¢CLnts in a¢¢ordance th8 R8p(rfts"n9 StsThJard appkable kn thè UK Republic of Ir•land IFRS 1021-- I haw no and have come acm55 (ther maiteF8 in ccnneclicn examlnationto attention ba dr8wn In Ihi8 rry(¥t in ffllBrto 8 pwpor undwstsndu)g d the acowts to be reachod. S Mah•san FCCA Mahesan & Co Suite 5. 6 Great Sfreet London WCIN 3RB
Aee of Clubs (Cl8ph#M) State)nent •f Fi¢11 Activltles In¢orPorati8 tbe income & expendlthre ffor the year ended 31 Jllty 2021 2021 Total fwidj 2020 Total funds ds Dn#ted Ddj Note Note 11 INCOME DonatioD8 alld 8T8Dts 2(K).634 150.9)7 351.541 420,003 Incomefrom ch4ri1(knle octivhie Dropin eentre 381 381 10,361 28 28 201 Total Income 150 907 351,950 430 565 EXPENDITURE Promotional and fiuKtr8isin8 expense5 Expe4dilure on charitsble o¢liwl Drop-in centre 114 448 167.853 34.125 143.906 345,884 328,172 Tot1 ¢xpeDdllure 167967 34.125 143 906 345 998 328 620 Net Income l{exp¢ndlture) 33.076 (34.125) 7,CKII 5.952 101.943 Tr8nJfer betweeD Fpnd• 28.700 (28.7(KJ) Re¢onelllAllon ofthttd$ Total Funds bTought forward 80.032 113,gX16 55.156 249.094 147.149 TOTAL FUNDS CARRJED FORWARD 113 108 10848L 33,457 255,046 249.094 The ststement of fin&ttci activitie8 incorpornt&8 income and ¢xJ1¢ 8CCOUttt wthrthe Companies Act 2006. The aceomp8nyits8 a¢couotiti8 p)licie8 and note4 form an int¢yal part of these finwial statements.
AcrfCTu ICknph•ml • •t Iljtsty 2021 fvnth funth ranqlts a550ts 961 45.706 34616 CURRENT ASSETS D•btorn & Pre¥Thnts C•sh It b•nk & In hand 6.693 110371 117,664 6.693 207.203 213A96 33.457 33.457 228.671 231.553 6177S CREOITOAS: 0Thjnts klllrq du4 wthln on• y••r 5.51 17 0751 NEfcuRAENT ASSETS 112,147 61775 33.457 208,379 214,470 UA•iunEs ill.iL 33 108A81 33.457 CHAATh FUNOS Unr•strkted Incornolunds D•Alqnthd Inc¢fi fvnd# IU.108 80,052 221.589 193.938 55.156 ft¢rtd¢t•d In¢om•fvnds ¢OJLpBllies knd FRS 102 St10 IA. Th¢ (betitable COD>WLyii ¢#liU10¢xe41WfiDrn audiiTJnthr$euir477 ofthB CrA)pseSAU20O6tQr)Y8t3l July tDthd31 Juiy21nl 476 oftheC(ubAl2X. The a0Mpanying8eC0lltrn8 policies aad th)trs fonn an intewxl tArt of fitwlcial stat¢metttL io
Ace of Clubs (Claphgm} Note5 to th¢ Flnattcial Statements for tbe Year Ended 31 July 2021 I ACCOUF4TING POI.ICILS 1.1 B4sif ofprepar4tioTh of.fwaneI telliets The financi statements h&Ye been Prepar it) accordance with Accounting and Reporting by Charities.. Statomcnt of Recomm¢nded PTacti¢e applicabl¢ to ¢haritte8 prepartng their 2c¢ounts in accordanc¢ with the Financial Rcporting Standard 8ppliLable in the UK and R¢public of Ircland (FRS1021{effediv¢ l January 20191- (Charities SORP (FRS 102)), thc F.]n¢la1 RortIft8 Standard applicable in th¢ United Kin8dom and Republic of Ireland IFRS 1021, the Charities Ad 2011 alld the Companies Act 2006. The financial statements twv¢ been prepared wider the historic&] coit convention Mth lten recogt5i5cd at ¢ost or transaction valu¢ unless otherwise stated in the r¢lcvant not¢s to these eccow)ts. The fmanLi stat¢ThLllts have be¢n prepdred in Oordne¢ with the Siateinent of Recummended Pr#cticc.' Accounting and Reporting by Charities preparing iheir aCunts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRSI 021 issued on 16 July 2014 and the Finatlcial R¢porting Standard applicable in the Unitsd Kingdom and Republie of Ireland {FRS 102). the Chariti¢s Act 2011 aThJ the CompEnies Act 2006. .2 P4bllc henÉfii entlty I"h¢ churitable company meets the definition of & public betlt entily as deflld by FRS 102. IJ Golmg concerrt Th¢ finala1 st8t¢ments have been b&8ed on the expect4¢ion of the Chari¢y cfJntinuin8 4s a goin8 cotte¢rn for tli¢ next 12 m()nth&. In March 2Q20 th¢ World I lealth organi110 d¢clared tho ouibreak of the Covid 19 Vin to bc & global pandcmic. Th¢ govcrnm¢nt tuok step$ to both"lo¢kdoMn" retail busin¢.sses and required the gcneral public to stay at home. The Charity remained open io op¢r8te a Hot Food Takeaway SeTVi¢¢ including a food b&ttk and emergency casc-working And wos 8UCCCS3ful in raising COVtD related AdIti8. Tb¢ Trusleeb belicve that th¢K arc no material un¢ertainii¢s regardill8 the aL'Lounts bcilw prcpared on a going IA Income Incom¢ 13 recognised when the Charity has entitlement to the income, it is probable that the income will be received, and th¢ amount can be measured reltably. Income trom 8rallis, whcihLr'capilal' or'revcnue, grants, is r¢cogm8cd when thc charity has Cnlitlemeni (v th¢ filnds, any pcrformancL conditions attach¢d io the grants h&ve bccn mcl, il is probable that the incomc will bc rweiyed Jmd the amouTht ¢an bc measured reliably and is nllt deferred. The estimated value of food and other eonsumables donated to and expended by The Ace of Club5 of £16,632 (20 IY £16,250) has been included ill the aceoullts. 'rhe valu¢ of 5crvice¥ provided by volunteers has not bccn included in the accounts. Refer to tho Trystees, report for more infomvdtion about thoir wntribution. It)come tax recoverabl¢ in telation to donation5 received under Gift Aid is recognised at the timtr of the donation. 1.5 Erpendthire E,xpenditure is re¢ognised once there t8 a legal or ¢onstru¢tivc obligatiort to make paym¢nt to a third party, it i¥ probable that settlement wtll b¢ required and the amount of the obligation ean be measured reliobly. All expenditure is Quta for on an r8]S basis. All expenses including support Costs And governance Losts ar¢ alloted to the applicablr cxpcnditure he*dtn8& 1.6 1rreeov¢rnble VA T Expenditure includes VAT ond is reptsrt as part of the expellditll to which it relates. li
Ace of Club$ (Clapham) Notes to the FlnaDcial Stternenls for tht Yer Ended 31 July 2021 1.7 FHndAeeounting GcTml funds are UDrestricteAI fu which are avai]xbk for use at th¢ disctrtion of the Tntee5 in furtherance of th¢ geneAI objectives of the ¢hwity and pknich have beal desi for other Purposes. D¢si8nAted finds Comprise uDrestr that have been asth byth¢ Trus¢s for particular purposes. The aim and use of each des]lated fid is set out in th¢ notes to the rmathcial sthtrments. Restricted funds a funds which are be used iti a¢¢Ord with wifjc restrietioTh8 inwBed by donors or which haye been rnised by the chafity for particular pur>. Tr Costs of raising and administrating such fimds are ¢harged against tho SPEcific ThE aim and use of each T¢Stricd fimd 18 s¢t out in the noteg tt) the financial ststemetrtg. 1.8 Tanglbl¢Jl¥ed 4Mddepr6¢lthn Tangible fix assets are stsd at cost less depreciatiorL Th¢ cort of minor adth'tions or those stin9 less than £3,000 are not capitali5ed. D¢preciats"on is provided at Tates ulculated to writ¢ off th¢ cost of fixed a&s¢ts, less th¢ir esiin]ad residual value. ovcr their exp#trd us¢ful liv on th¢ followiD8 bas¢s.' Plant and machincry etc. Fixturc5 & Fill$ Office Equipment Buildu ImprovemeDt¥ Motor vehicl¢s -20Y• On COSL -15°h on cost -20Yo Oll -IAon - 2kn on cost 1.9 Inlerestrecelvable Interest on funds Ileld OD deJy)sit 1$ iD¢ludcd WI Te£¢ivable th¢ amowii can be measured r¢hably by the clwiLy: thi8 18 nommuy upn notification of tbc int¢resi paid or payable by the bank. 1.10 Debthrs Trdde and other debtorya are rewgnised at the s¢ttlement 8nM)unt trade discount offered. pT¢paThellts ore valued at th¢ 8nKUnt PT¢pwd t)et of any trade discounts due. 1.1 I Cash itt Hand Cash at bank and in hand inc]ll¥ and short temj blty liquid inv¢9tM with a slh)rt m&tiJrity of three months or less from the dat¢ of acquisliion or OnIng ofthe deposit orsimilar accowiL Cash balances cxLludc any fimd5 held on behaifof service usern. 1.12 Credliors andprov1510I Creditors and provisions aye reeo8Di8ed where the ¢harity h&$ a pre1 obligatioll resulting from a p8St event that will probably result Tn the tr8llsftt of fiumls a thÉrd psty and the amount due to s¢ttle the obIigatLoll can be measured or esiimat¢d reliability. CTeditOTS and F(0visio% att norMY rewgniJ at their xttlement amount after allowing for any trade discouoi due. Tho charity ollly has financial assets fuJanci81 liabilitses of aknnd that qualify •8 basic financial in5trumcnts. Basic fLnaDcial itistnEtrKllts' are initiatly reCOlSed at traaCtIOn valu¢ and subseqll¢nlly measured ai their s¢ttlement V8lue with cxc¢ption of baDk loarLS which are subsequently me&sure4J anYJrtis¢d c08t using th¢ effective interest rnte. 1.13 Penslon The Glwity ¢)per&tes an a0 eDrol¢n%th SCI for au enwlo)r¢ W"ch on l May 2017. The allua1 Contributions payable ar¢ ¢Fthrged to the ststrment of financial artivities. 1.14 &$hflowskrtf£menl The financial 5tstements do not iTKlude a cash flow slatemthjt be¢awe the charity, as A sma]I r¢wting entity. is exempt froTn the requi[lnts to prepare such a Sta*ll er FiDanciat Rwrting Standard 102 as ameTKled by Update Butletia l. 12
Aee of Clubs {Clphm) Note5 to tbe Flnn¢tg1 Sttements for the Year Ended 31 Ju]y 2021 21121 Total fDdI 2020 2 INCOMK fundi funds Grants And doDatioTrg Wimbledon FouDdatiot] Homeless Fund National Lottery Comic Relief Lov¢ Your Neighbour Lesley Aldridge Tn1 Ac¢ of Clubs Shops Sir Harold Hood's Llwitable Trust The Albert Gubay Charitable Foll10n Ilomelesb Litik Pret aMaDg¢r LaJJdAid Charithble TrJ8t Tbc Oliver Borthwi¢k Foundation CRISIS UK Charity Trust # M&G Covid 19 CAF CoronavinJ5 FrgencY Fulld Eleanor Hamilton Education TnLSt Kusma Tntst Strvets of London Shadworth Hod8son Beq51 Alexandra Trust London Ca¢alyst The ixTrt)don Comrnunity Foundation Individualy and ¢orporate LottgHoTbour Ltd Donated food 31.110 49,138 32.IXJO 34.159 36,110 49,138 32,(MX) 34.159 10,( 4.500 11(K)O 38,(K)O 20,LK)O io.( 15.000 6,000 12.000 32.758 16.8611 15,487 10,IK)O 5,000 5,000 5.000 5,000 5.000 45(K) li( 10.ocKJ 3250 10.( 3.250 1.500 3,500 8.900 181690 16.043 16,257 150 907 351540 420 003 139.751 139,751 3 INVESTMEWT INCOME 2021 2020 Deposit Intrrest 28 201 4 STAFF COSTS StatTcosts were &$ follows.. 2021 21120 Wagcs aod Salari¢8 Social Sccurity Cos18 Pension ¢¢)5t 140,210 6.976 155.866 8,738 151,001 168,737 The average monthly mmiFLr of emplo the yearwas 6 (2020: 6) Th¢ aggrrgate remune0ll of key maDageEtKnt to £63.269 (2020: £65.013) No enwloyee reeeived TemuttiOn &llKJunting lo ll¢ than £(AI.IKX) in either ycar. 5 TRUSTEES. REMUNERATION. BENEFITS AND EXPENSES During the year ended 31 July 2021 no tr, T¢C¢tved any rernurntio other bett¢fits or rcjmbLtrsellnt of ¢xpctsscs (2020: £nill. 13
Aee of Clubs (Cipham) Notes to the Finan£1 stAtenllts for the Year Ended 31 Jllty 2021 6 TANGIBLE FIXED ASSETS Building FAxknA Fittitigs mOr Kitchen Improvements & Equiptr£Dt Vehi¢1¢5 F4uipm¢nt 2021 Total Cost Cost brought forward Addttions Dispos&]s At31 July 138J58 11.981 36244 8,874 47,272 16,719 9.226 54.765 230.748 28.700 21.728 237 720 12.502 150 39 DEPRECIATION Charge brought lorword Disp05ais Ch¢ for y At31 July NET BOOK VALUE At31 July202I At 31 July 2020 106.542 33,444 (12502) 8.874 47272 (9,226) 196,132 (21,728) 16,649 191,053 118.032 22.757 41.390 32,307 31,816 985 2,800 13,375 46,667 34,616 7 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 21J21 2020 Other debtor8 PrepAyxMits and IDCO 429 357 2.525 2,882 6,693 8 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2(121 21120 Oth¢r ¢rcditors and 5,517 17.075 9 Sl'A'fEMENT OF FUNDS BrTru¢ht Fon¥ird Income E4benditsre TrAll8fe Inloul Crrled Forward Deslgnated futtds Fixed asset dep'n fund Building lrnprov¢m¢nt Futkl 33,9)6 80.()O 113.906 (16,6491 28,700 45,957 (34.125) 28,700 108,481 nerji fulldj General fund UDre¥trkted fund¥ 201.043 201.043 167.967 (202.0921 113 108 221,589 193,938 28.700 Rc$¢rkted fund8 Firc alarrn system Staifmg & core cos covtD fimdjog Bicycle project Othcr striCted fiJTrJs 3,739 7.782 34,819 750 (1.039) (33.892) (103,458) {28,7) 2,700 s,000 17,958 750 31.110 115297 55.156 150A17 (143,906) {28,71K)) 33,457 TOTAL FUNDS 351,950 345.998 255,046 FLYedAssei Deprmulion F1- ThLffvd repruents the book ofeapli4l5ttsPmrCkned wlth resirirtedfyMd& BuUdlAgs Improveme•stF*Md- setasirfe Tore0fv therrwirn the Centra The Tm5tees dec¥de on the tt+ bekeptin reseMforI1cO1ThQlTrtsn0WcL Erpendithre on refvrbKThmeNI or•¢w eq4IpJntnt dlloc•ted thiyfm 14
Ace of Clubs (Claphm) Notes to the FitiAneial StstsJDents for tbe Ye¥r Ended 31 Juty 2021 10 ANALYSIS OF NET Assrfs BETWEEN FUNDS Total fllDd$ 2021 Total funds 2112 ed fun 21121 2021 Tangible fixed 8&sets Curtni assets Current liabilities 46.667 I80,439 (5.517) 46.667 34,616 213.896 231.553 (5.517) (17,075) 33,457 TOTAL FUNDS 33.457 221589 255,046 11 CompttthTe StiemeDt of Fln•n£W Atdvltl for the yr eThded 31 July 21120 Uttrethted di Dulgnated Reitrleted fvDdi Tot1 Note8 INCOMK DOttonS And grants 240.990 179.013 420,003 IncomeJmm chtsrtthble activities Dropin centre 10,361 10,361 Inv¢8tm¢nt income 201 201 Toll IDcome 251.552 179.013 430,565 EXPENDITURE Cosls olrauingfvNds ProtYK)tional aThl fimdrni8ing ¢xpens&8 £%ndIre on charitable actsvili Drop-in centre 448 148.875 20309 158.988 328.172 Total ¢xpend5thre 149J23 20J09 158,988 328,620 Net (expendltur¢ythcoJDe 102229 {20J09) 20.025 101,945 Transfer to DeJlgn*ted (80,fAKI) 80,0 Re¢fJnciliatioD of fuD Totsl FuT)dsbrougkn forward 57,803 54315 35.131 147,149 80,032 113.906 55.156 249,094 15
Ace of Clubs ham Detailed stteent of FI¢11 Aetfv for e Year en 1 Jul 2021 12 fftths Unrestrfjcted Restriced 31.0721 fvrKLs funds fuTrJs Year 2029 INCOME Voluntsry Incom• Donations and grants Incomlng resources from charltabl• a¢tlvltlo8 Drop-in centre Investrn•nt In¢orne Depos account intwest Total Incom• 200.634 150,907 351,541 420.C(J3 381 381 10,361 28 351,950 201 430,565 201,043 150,907 EXPENDITURE Costs ¢f rnlslng fvnd• Promotional and fundraisiNd expenses Charitable acti119$ Salaries, soclal security costs & r Hire of plant and machlnery Rent, rates and water Llght and heat Telephone Takeaway supplles Mea15 provided Cleanlng and waste dlsF(6al Repalrs and renewaLs Centre insurance Motor & Travel e>penses Actlvitr'es Educational training & Cfjur Sl8ff Training & Seminars Support and advi provlslon expenses tchen equlp Accountsncy Legal & Consultan Postage, stationery & printing Computer tsore Recrultment Expenses SUb5crIpOns other expenses DepreciatSon of tsngitAe ed assets 114 114 448 86.039 623 19,732 7.379 3,143 112 5.149 4,111 12,3 I51,1 168.737 698 33,934 12,528 4,591 179 12.549 32,281 12,383 4,100 12,127 26,783 15.740 36.380 4,130 5,683 5,973 957 12,015 21.634 11,629 6,514 770 1,697 24,143 10,751 30,699 3,985 3,603 918 1.396 1.245 3,066 201 17,476 5,973 6,700 552 1,017 671 7,252 2,563 1,358 900 1,428 2,347 266 1.874 5,386 266 1.354 3,039 169 102 413 200 21,125 328,172 323 425 16,649 345,884 16,649 34,125 167,853 143. Total •xp•ndltur• 167,967 34,125 I43,6 345,998 328,620 Net (expendthre)Ilr 33,076 (34.125} 7,1 5,952 101,945 Transfer d fvnds- Frxed Asset Fund 28,7(Kl (28,700) Funds bought forward 80,032 I13.6 55,156 249,(Q4 147,149 Tc421 carried fonward Designated depreciation for funded assets Building Improvema)t fvnd 113,108 108.481 45.957 62,524 33,457 255.Oq6 249,094 16
Ace of Clubs Cla ham Appendlx Food partnerships City Harvest COOK Clapham Coop Crosta Molllca Gails KFC Marks and Spencer Nandos Sain5bury5 Tesco The Felix Project Trussell Trust Waitrose Sebvlce partnershlps Flnd & Treat Team. Unlverslty College Hospltals London Glassdoor GoodGym Groundswell Guy's and St Thomas, NHS Foundatlon Trust's Health Inclusion Team HM Prison & Probation Service Job Centre Plus Lambeth Drug and Alcohol Treatment Con50rtium Safer Neighbourhood Team South London and Maudsley Hospital South London Refugee Association SPEAR London Street Vet Thames Reach Toiletry Amnesty Varlous local GP practlces Volunteerin8 Matters Corporate partner5hlps12020121) BAM Nuttall GallSford Try Metro Bank Network Rail RSA Insurance Thlrd Brld8e 17