RegAslered Charity Number: 1055187
Registered Company Number: 03080066 (England and Waley)
ACE OF CLUBS (CLAPHAM)
(A company limited by guarantee)
REPORT OF THE TRLSTEES & DIRECTORS
and
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
Mahesan & Co
Suiie 5
6 Great Orrnond Street
London
WCIN 3RB

Ace of Clubs {Clapham)
Contents
Page
Reference and adminstrative details of the charity, its Trustees and advisers
Letter from the Chair of the Management Committee and Director
Report of the Trustees
3-12
Report of the Independent Examiner
13
Statement of Financial Activities and Incorne & Expenditure Account
14
Balance Sheet
15
Notes to the Financial Statements
16-20
The following page does not form part of the financial statements
Detailed Statement of Financial Activities
21
Appendix
22-23

Ace of Clubs (Clapham)
Reference and admlnstrative details of the charity, its Trustees and advisers
for the year ended 31 July 2024
Trustees and Directors:
The Trustees give their time voluntarily and without remuneration.
They are members and also the Trustees of the Congregation of the
Most Holy Redeemer and were, for the time under review..
Rev T. Buckley C.Ss.R.
Rev A. Burns C.Ss.R.
Rev E. Gweme C.Ss.R.
Rev D. McBride C.Ss.R
Rev R. Reid C.Ss.R.
Company Secretary:
Br D. Nyamuronda C.Ss.R
Members of Trustees
Committee:
Rev M. O'mahony C.Ss.R.
Mr D. Joshi
Mrs V.A. Long
Rev D. McBride C.Ss.R
Mr F. Ortega
resigned 31 October 2023
Rev C. Simba Mukabva C.Ss.R.
Mr N. Taylor
appointed 31 October 2023
Treasurer
Dirertor:
Ms Heidi Shrimpton
appointed 29 August 2024
Re8lStered office:
Ace of Clubs
St Alphonsus Road
Clapham
London SW4 7AS
Independent Examiner:
Mahesan & Co
Solicitor5:
Pothecary Wilham Weld
70 St George's Square
London SWIV 3RD
Bankers:
HSBC Bank plc
54 High Street
Epsom
Surrey KT19 8DS
Charity registered number:
1055187
Company re8i5tered number:
3080066 (England and Wales)
Webslte
www.aceofclubs.or
.uk

REFLEcnoNS ON ThE 2023- 2024 YEAR AND THE YEAR AHEAD
LETfER FROM OUR CHAIR OF THE MANAGEMENT COMMITfEE AND OUR tMRECTCh
As we reflect on 2023-24 and look ahead to 2024-25, we are preparing to celebrate a significant
milestone- our 30th Anniversary year. This is both a triumph and a sobering reminder of the ongoing
need for our charity's work three decades on. Since opening in 1995. Ace of Clubs has continuously
adapted to meet evolving and complex needs. The demand for our daily service remains as high as
ever, with 37.595 meals served to our guests this year, {34,860 the previous yearl.
We remain confident in the holistic model we have developed at Ace of Clubs, reflecting years of
experience and dedication. While the journey hasn't always been easy, our commitment to serving
those who are homeless, precariously housed, or othenwise vulnerable has never wavered. Every
day. we see the positive impact of our work as our guests take steps to improve their lives. Keeping
our guests at the heart of our development and strategy remains a priority. exemplified by the
growth of our Service Involvement Group and the many guests who actively volunteer at our centre.
Transparency and accountability are core to our work and we exercise standardised processes with
our data capture. We aim to continue to enhance our impact reporting mechanisms as these tools
help us evaluate and adapt our Services while enabling us to make a strong case for support to new
funders and audiences.
Our partnerships with service delivery providers in the areas of welfare. housing. health and
wellbeing and education are also central to the quality and breadth of support we offer. We take
pride in the strong relationships we've built with on-site partners. enabling us to provide a seamless,
one-stop experience for our guests. We aim to continue to address needs holistically and as we look
forward, we are committed to further expanding these partnerships.
Operationally, we continue to adapt to evolving standards in health and safety, safeguarding. HR,
policies, and training to ensure a smooth-running service. Ensuring our staff, volunteers. and on-site
partners have the resources. training, and support they need to deliver our service remains a top
priority, as does maintaining the structure and functionality of our building so it is fit for purpose.
Funding remains a critical focus to sustain our daily operations. Staff capacity has been challenged
as our service has grown. We are deeply grateful to our staff team. who went above and beyond,
and to our volunteers not only those delivering daily services, but also those working behind the
scenes on strategy. funding. communications, and finances. We also extend heartfelt thanks to our
funders, individual donors. community supporters. corporate partners, and those organisations and
individuals who contributed food and in-kind gifts. This collective generosity has positioned us to
move into 2025 in a strong and sustainable place.
Our new Director startin8 shortly after this year end, alleviates some of the significant leadership
and management pressures on our volunteer Trustees, Management Committee, particularly our
Chair and Treasurer. We remain a small but mighty team. delivering an extraordinary scale of work
for a charity of our size. As we approach our 30th Anniversary year, we are filled with gratitude for
everyone who makes this possible. We look fopward to continuing this journey together and for this
important milestone in 2025.
With Warm Regards
Anna Long. Chair of the Trustees. Management Committee & Treasurer
Heidi Shrimpton, Dirertor (started August 29 2024)

Report of the Trustees and Directors
for the year ended 31 July 2024
The Trustees. who are also directors of the charity for the purpose of the Companies Act 2(X)6,
present their annual report with the unaudited financial statements of the charity for the year ended
31 July 2024.
The financial statements have been prepared in accordance with the accounting policies set out in
Note I to the financial statements and comply with current statutory requirements of the Charity's
Trust Deed, the Companies Act 2006 and "Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102)"
OUR HISTORY
Ace of Clubs opening in 1995 can be seen as a positive gesture in line with Redemptorist tradition to
alleviate local suffering, poverty and loneliness- and provide them the best club, the 'Ace of Clubs,.
The charity initially started as a place of warmth and food to grant people refuge in our building -
what was previously St Mary's Primary School, initially a bo(s school- who had moved out of St
Alphonsus road premises. When you enter our premises, this is very apparent with our large dining
hall. high ceilings and adjacent classrooms, now adapted for our charity operations.
Today, Ace of Clubs has grown to be a multi-faceted, holistic project where every aspect of each
person's needs is given due attention, respect and care- with a range of opportunities from
healthcare, education, accommodation, advice and advocacy.
th
'When we opened the Ace of Clubs on the 15 May 1995 our hope was that it would meet the needs
of those poorest and most vulneroble in our society. It is o realjoy to see the club nowflourishing
ond serving 50 many deserving men and women.,
Fr Jim McManu5 CSSR- Founder
OUR PRINapAL OBJECTIVES
The principal objectives of the charity are to promote and provide for the relief of poverty, the
advancement of education and undertake other charitable work through the provision of an open-
access day-centre for the homeless, vulnerable, dispossessed and most vulnerable in society.
The aim is to not only address immediate human needs {e.g. hunger) but also to go above and
beyond such needs by making a difference to guests, lives through transformative support {e.g.
physical and mental health, welfare, wellbeing. training and education).
PUBUC BENEFIT
Further to the objectives set out atx)ve, the Trustees have considered the general guidance
published by the Charity Commission relating to public benefit when reviewing the charities
activities, and in particular. the guidance on the prevention or relief of povertv.
Our Strapline today is:
'Safe Off the Street, Help onto your feet, Support for homeless and vulnerable people.

OUR VISION
We welcome all homeless adults. vulnerable, disposed and marginalised and do not discriminate on
the basis of age, race, colour, religion, national origin, gender, sexual orientation, marital status or
disability.
We provide an essential lifeline of non-judgemental, transformative support to address urgent and
complex issues, impounded by street homelessness and precarious living conditions, to help change
and transform lives.
We provide an accessible, safe space to relax, where all those who walk through our doors can feel
respected and a sense of belonging in a trusted environment.
OUR ACTivmES
Alongside being homeless or living in precarious living conditions. our guests can face a range of
complex and challenging issues from hunger. malnutrition, loneliness and isolation, housing, mental
and physical health, addiction, learning, language and digital inclusion barriers, debt and
unemployment, family breakdown and bereavement.
Our service is not only about the direct help that we provide. but the sense of community and
friendship that is created when people sit and enjoy food together in a warm space. whilst having
the opportunity to access more services.
We pride ourselves on our partnership working which enables us to expand our services even more
by inviting external professionals to our centre to deliver their services within our space.
This holistic and complete 'one stop, package of sen4ices provided at Ace of Clubs ensures that
people can find their needs met in one place. Our supportive programme enables their progression
to the next stage of their lives as they regularly return. building their confidence and self-esteem on
each visit and en8agin8 more with the support Sen￿lCeS on offer, supporting recovery and
independence.
We have continued to sernie those in the community who are experiencing homelessness,
including those who are sleeping rough. or are living in temporary or insecure housing.

Guests come from Clapham and neighbouring boroughs within London. However, we have
witnessed guests travelling from acro55 London for the comfort of Ace of Clubs.
We are an open-access service, open Monday to Friday {including bank holidays and
Christmas Day), 5 days a week, all throughout the year.
Our core food serving times are between 12- 2.30 each day, but some other services run
outside of these times. Guests can choose to eat their food in or have a take-away,
depending on what best suits their needs. A standard day usually varies from 130-200
clients. Our guests are asked to pay £1 for their meal. which helps support the cost of
providing the food. We also provide funded meal tickets for guests that are unable to pay.
Guests with No Recourse to Public Funds are not required to pay.
Our core delivery services include:
A daily nutritious hot meal prepared by our Chef with a vegan and meat option, catering for
different dietary requirements.
Tea and coffee bar and refreshments, ensuring people stay hydrated and can warm up.
A food bank service which includes fresh produce- all freshly donated by local food donors.
Hot Showers, Laundry Service, clothing donations. toiletries and other emergency supplies-
to enable people to freshen up and get warm again.
Essential daily communication needs when homeless such as postal service. phone charging,
phone use, transport vouchers- these can be a lifeline for GP or hospital appointments, job
interviews and appointments with the Job Centre.
Support/Case Workers on site for daily support needs, welfare assistance, translation, ID and
bank opening, finance, end of life care etc.
Referral to housing, benefits, debt. pension credit, passports, immigration etc. (from onsite
Case Workers}, enabling people to progress to the next stage.
Referral to food banks to support people experiencing hunger and malnutrition.
Referral to local night shelters during the winter months to support people off the streets.
Onsite IT suite for IT use.
Mental health, Addiction, Physical Health support (from NHS nurse and mental health
services) enabling people to address their health and wellbeing for positive progression.
Other essential health services including dental, eye care, podiatry and health and wellbeing
days for health checks, vaccinations etc.
OUR IMPAcr
We collated our Fmpact in the following ways:
Daily monitoring and recording of the number of guests having a hot meal {our numbers do
not include seconds that many of our guests come back for).
We carried out two Service Involvement Surveys to record feedback on our services from
our guests. We conduct Service Involvement Group meetings and this group also helps
support the shaping and development of our services.
Logging dedicated Case Work support in the areas of Housing. Finance. Transport. Physical
Health. Mental Health and referrals on to our Charity Log System.

Estimating each week, the number of 'inten4entions' our Support Workers carry out from
helping charge a phone to obtaining a meal ticket.
Collating data from the partners who are also working on our site to support our guests
these partners include other homelessness charities, NHS, rnental health and physical health
tearns. We hold regular Service Provider Partnership meetin85 50 we can share best practice
and encourage feedback around our services and support requirements.
Collect focussed Case Studies from our clients to understand better their journeys from
homelessness to gaining rnore independence. We have also invited pro bono external
partners in to Inter￿leW our clients and provide case studies and films about our work.
Track our numbers of volunteers and their overall hours according to our daily volunteer
schedule.
Work closely with our food partners and donors to ensure we have regular food donations
and other donation5 to Supply our daily provisions and track these.
IMPACT AND THE DIFFERENCE MADE
Impart- Our Meal Servtce
All hot meals are prepared from scratch, using fresh ingredients, on a daily basis. We rely on
donations from local supermarkets and food busine55es. City Harvest, Fare Share, The Felix Project,
Critical Support, KFC, Nandos, individuals and local churches and schools, particularly at Harvest
Festival time.
A full list of our food partners {see appendix l).
Accordingly, records have been kept on a daily basis (from a physical countl of the number of guests
accessing our hot food takeaway service. Note. the statistics below do not include the extra meals
given to our guests at the end of the lunchtime service from food that is 'left overf.
This has satisfied demonstrable needs- particularly financial hardship and hunger.
We served 37,595 meals (previous year was 34.860).
Our highest number of clients entering on one day was 204 clients.
Impact- Daily Interventions from our SupF)Ort Workers
We have calculated around 10,CMJO interventions a year (around 40 a dayl- be that topping
up a phone, helping someone find clothing, with a travel ticket or food voucher, shower or
much more.
On average, we calculate that at least 30 people per week access shower5. 30 people per
week access clothing, 30 people per week access laundry. 30 people per week access the IT
suite and ICtJ people per week access shower gel. hygiene products, razors. toothbrushes
and toothpaste etc.

Impact- Onsite Support to clients
Support Worker sessions are more dedicated one to one support with a client in areas such as
housing, finance and benefits, transport, physical health, mental health, referrals. Detailed sessions
are logged.
Our Ace of Clubs Case/Support Workers provide 61x1 dedicated one to ones with clients a
year. Many of these are ongoing issues with particular clients. Around 150 clients were
seen through these sessions.
Impart- Our partners on site also provide the following support:
Glass (loor provide dedicated Case Worker sessions each day at our Ace of Clubs site and
saw 989 guests for case work sessions with 344 outcomes in these areas with the highest
outcome being in housing.
Our onsite NHS nurses visited twice a week and supported around 360 guests in 12-months
(please note the 12 month period was not exactly within this annual reporting yearl
Onsite mental health teams supported guests at least twice a week.
Other onsite providers such as dental. eye, podiatry, employability - supported our guests on
around a monthly basis or in some cases more regularly.
All these services collaborated with our staff team to share positive outcomes and
progression.
Impact- Guest Feedback
We carried out two guest seniice surveys which helps inform our operational development. An
average of 43 guests were interviewed for each sun4ey:
Over 94% of our guests would recommend our services and rate our team as good or
excellent.
92% of our guests rated the quality of our food as good or excellent.
Note: 36% of these guests from both surveys stated that they had a recognised disability.
Impact - Volunteering
Our volunteers support in a range of ways from helping with preparing vegetables and food, our
front desk. serving food and refreshments, lunch service, maintaining our food stall, co-ordinating
our clothing and shower services.
105 corporate partnership days
73 individual volunteers {20 of those were guest volunteers)
14 volunteers supported from Probation Services carrying out community service
Our volunteers donate over 15.660 volunteer hours a year.
The monetary value of our volunteers per year is over £203,580 (based on 15,660 volunteers
a year at £13 an hour).

OUR PEOPLE
Our Guests
GUEST P
P came to the Ace of Clubs firstly as a grab and go food situation as his long-term career in the music
industry came to a decline and he battled with addiction. In time, Ace became a safe place for him,
attending more regularly and volunteering too- helping others who needed help. P said:
"If l ever needed help• Ace Is thefir5t place ond probobly the only place I would go"_ Guest P
GUEST G- A 64-year old male. He Said:
a well-mannered, gentle man in his early 60's, had been sleeping out for 8 months, but often a
year plus at a time - this had been a cycle for G for almost 20 years. He had small periods of respite,
but overall, he was out on the streets, sleeping in the park. G had managed to survive yet another
winter on the streets of London.
G first found out about Ace through word of mouth. G's intention was just to come for food. a hot
drink and a space to be inside for a few hours in the day.
Yhe amount of help ovoiloble was unexperted but o relief. that mossively boosted my selA-
esteem. I have had NHS health ossistonce. and support with employment, case-work, hot meals,
eat in & toke-awoy- genemus portionsl It is the best organisation I have ever encountered that is
there to help people regardle￿ of their position.
l am 0 60+ mole homeless due to nofvutt of my own. Ace of Clubs soved me".
Ace of Clubs Support/Case Worker personally visited another charity to ask them to take G in for the
winter and they kindly offered him a shared room. Once G had a safe space. he could engage with
the support available and has now started regularly volunteering at Ace of Clubs.
Things have finally started looking up, G has a room to call home and volunteers at Ace, he is a very
well respected, reliable and trustworthy member of the volunteer team. He is a pleasure to work
with.
Our Trustees and Trustees. Volunteer Management Committee
The Trustees and Management Committee bring a range of professional experiences to their
volunteer governance roles. Please see more about this group under our Constitution and
Governance section.
Our Staff Team
Our new Director joined the charity in August 2024 (shortly after the end of the Annual Reporting
yearl. The staff team consisted of a Centre Manager. Senior Support/Case Worker, Support/Case
Worker, Chef and Driver (who collects donations). In addition, we hire an independent qualified
Security Guard to cover our lunchtime shifts who manages the entry door to our centre and is
available to Support the staff team during our busy lunchtime period.
Our charity is an accredited London Living Wage Employer ensuring all our staff receive London
Living Wage.

Our Volunteer Team
Each day we have at least six to ten volunteers on site supporting the day to day functions and
running of our centre. Roles include food preparation and serving, cleaning, distributing food and
clothing, co-ordinating shower visits, signposting. maintenance. advocacy, fundraising and
community sUPPOrt and much more! We have volunteers from our local community, our guest
volunteers who are looking to gain experience and give back to the centre and also community
service volunteers provided by probation services. Alongside this, corporate partnership teams
regularly volunteer, further bolstering our volunteer support. We pride ourselves on the diversity
and inclusivity of our volunteer team who are able to adapt well to the needs of our guests.
Our volunteers go through a thorough ont)oarding process and are provided with a Handbook,
regular risk assessment, health and Safety and safeguarding briefings, support and training provision
to ensure they are fully inducted into their role.
FINANCIAL REVIEW
The full details of the financial activities of the Charity are shown on the following pages of the
Report and Accounts. There was a surplus for the year of £24,554 on unrestricted funds (2023
deficit: £28,394).
Donations and grants were received from a combination of charitable trusts and other charities,
individuals, businesses, churches, schools and events. Details are given in Note 2 of the Accounts. No
statutory or government funding is received by the charity.
The Trustees are grateful to everyone who has supported the Charity during this financial year, both
large and small. which enables the charity to carry out its valuable work and will continue to explore
new funding avenues. The priority continues to be to develop further long-term funding
relationships that satisfy core running costs but also build on and diversify our current funding
Ih
network. We a150 see our 30 Anniversary year as an opportunity to reach new audiences in our
local community in addition to thanking our existing supporters and volunteers.
The meal ticket scheme operated by the Ace of Clubs facilitates the giving of sUPPOrt to vulnerable
and homeless people on the street. but also provides a valuable option for members of the general
public to support those less fortunate in society by providing access to a hot meal.
RESERVES POUCY
The Trustees keep the level of Reserves under review, by employing regularly updated forecasts and
projections of the known pattern of income and the proposed level of outgoings for at le35t twelve
months ahead. An unrestricted reserves policy based on six months forward running costs has been
used as a prime indicator.
The total funds held as at the yearend were £265.147 (2023 £246,869), of which £25,24412023
E49,1531 was restricted funds and £41.957 {2023 £62,378) designated fund to cover the future
depreciation of fixed assets, and £91.80212023 £53,738) Buildings Improvement Fund. leaving
£106,144 {2023 £81,600) unrestricted reserves.
The combined unrestricted re5er4es plus the building improvement fund, totalling £198,OCX)
represents 6 months of Reserves in line with our Resepdes policy.

RISK MANAGEMENT
The Trustees Committee reviewed the major risks to which the charity is exposed, in particular those
related to the operations and finances of the charity, and are satisfied appropriate controls are in
place to mitigate its exposure. Risk management is taken to meetings, particularly around health
and safety, safeguarding and incidences, funding and financial updates and forecasts.
The charity carried out a full Health and Safety Risk assessment with the support of external experts.
This ensured all areas of the charity operations were reviewed in terms of risk- with
recommendation5 around policies and procedures. A Planned Preventative Maintenance buildings
suniey was also carried out from a property company. In addition, a yearly Fire Safety Assessment
from London City Fire Group. Service checks of our utilities and premises are regularly scheduled
according to recommended health and safety guidelines.
Our charity continues to hold a 5-star food hygiene rating from the Food Standards Agency.
FUTURE PLANS
The Trustees are committed to developing our strategic plans for the future growth of the Ace of
Clubs while maintaining the core services that remain in high demand among our guests.
Our staff team have been stretched over this reporting year due to increased service delivery
demand, but we were fortunate to have volunteers supporting behind the scenes, particularly with
fundraising. As a result, we are starting the year in a financially stable position and are investing in
our overall governance and leadership by appointing a Director. This position will provide valuable
support to our Trustees and volunteer Management Committee, enabling our charity to develop our
strategic planning in the years ahead for our operations and fundraising, which our Trustees are
committed to.
Our building has served us well for nearly 30 years, but along with the Redemptorists at St Mary's
Church who lease the building to us, we recognise the need for further planning for the next three
decades. We have further invested in our designated building improvement fund this year through a
generous corporate donor who is committed to our building's management and carried out an audit
on our building maintenance. Whilst we have already taken steps such as installing new fire doors,
this strong financial foundation allows us to continue investing in our centre's infrastructure.
OUR CONSTITUTION AND GOVERNANCE
The organisation is a charitable Company limited by guarantee, incorporated on 14 July 1995 and
registered as a Charity on 8 May 1996. The Company was established under a Memorandum of
Association which established the objects and powers of the Charitable Company and is governed
under its Articles of Association. In the event of the Company being wound up members are required
to contribute an amount not exceeding £1
In March 2012 the Trustees amended the Charity's Articles of Association to allow the formation of a
Trustees, Committee. They have delegated day to day management of the Charity to this
Committee. This consists of three Redemptorists and up to fwe non- Redemptorists from the local
community.
There is a tri-partite management structure in place, consisting of:
The Trustees
io

The Trustees. Management Committee
Director and Centre Management staff team
The Trustees are responsible for the strategic direction and policy making of the charity, and have
through the committee regulations, delegated all matters relating to the day-to-day management
and operation of the charity to the Trustees. Management Committee.
The Trustees, Management Committee meets at least six times a year for formal meetings.
Information provided by the Director and senior staff at the charity around daily operations is
reviewed and approved from a governance perspective. Key information is then taken to our Board
of Trustees for further approval.
The day-to-day responsibility for the provision of services by the charity is the responsibility of the
Director, assisted by the Centre Manager and other paid staff, with the assistance of volunteers.
RECRUITMENT AND APPOINTMENT OF NEW TRusfEES AND OUR MANAGEMENT COMMITfEE
The Trustees are elected by the members of the Congregation of the Most Holy Redeemer for a
period of four years, With the possibility of re-election at the end of each four-year period. In all
matters relating to finance and civil law the Trustees are aware of the importance of seeking
appropriate professional advice.
The Trustees and Management Committee collectively bring a range of specialist skills to their roles.
The Trustees are all members of the Redemptorist Order, providing a wealth of experience - but they
also have additional areas of specialism including- Chair experience with other charities, Human
Resources and Charity Management, Company Secretary, Safeguarding, International Experience,
Communications and Publications.
The Management Committee also have professional backgrounds and bring a wealth of expertise
including: Our Chair and Treasurer is a Chartered Accountant and has volunteering experience at a
number of homelessness charities. We also have a Rector, a Lawyer, a Pharmacist and Lecturer on
our committee. Overall, our committee brings experience in= accountancy and finance. legal,
healthcare, charity and operational management. safeguarding. communications. fundraising, IT.
Trustees and committee members receive an induction briefing and pack with details of the
constitution and the work of the charity- Arrangements are also made to ensure that visits to the
Centre are made on a regular basis, so as to witness the operations of the charity first hand.
RELATED PARTIES
Ace of Clubs is ultimately controlled by the Trustees of the Congregation of the Most Holy Redeemer
which continues to provide premises at a heavily subsidised rental cost of £30,OCMJ per annum. The
Congregation also oversees the management of a charity shop in Clapham, with the objective of
generating profits which are ring-fenced and restricted and can only be used by the Ace of Clubs
charity upon request and approval.
Ace of Clubs is related to Redemptorist Publications, a registered charity, by virtue of the common
control by the same group of Trustees. Redemptori5t Publications also provides payroll and
administrative services to the Ace of Clubs, including payment of salaries in advance of
reimbursement.
li

Ace of C'lubs (Clapham)
Statemenl of Responsibilities of ihe Board of Trustees
The Trustees are responsible for preparing lh¢ Trustees. Annual Report and ihe financial siaiements in
accordance wilh applicable law and regulations. Company law requires the Trustees to prepare financial
51(Iteinenls for each tinanLial vear. Under thal la￿ the￿. are required to prepare the financial statement5 in
acLordanLe iiith UK Accounling Standards and applicable law {UK General Accepled Accountin&y Practice),
including F'RS 10? The Financial Reporting Siandards applicable in the UK and Republic of Ireland. Undcr
company law. the Trustees must nol approve the financial statements unless the￿ are satistied that they give a'tnje
aiid fair, view of the of the state of atTairs of the charitable company and of the excess of income over expenditure
tor that period. In preparing ihese financial statements the Trustees are required to:
Ensure that the charity operales in accordance with its objectives and for promoting ils public benefit;
Select suitable accounting policies and then apply them consistenily;
Make judbyements and estimates that are re&sonable and prudent;
State whether applicable United Kingdom accounting standards have been followed, subject to any maierial
departures disclosed and ¢xplained in ihe financial slatemenls; and
Prepare the financial statements on a going concern basis, unless it is inappropriate to presume that the
orgJanizalion will continue its activities.
The Trustees are responsible for keeping adequaie accounting records thal are sutTicienl to show and explain the
charitable company's transactions and disclose with reasonable accuracy al anv time the financial position of the
charilable companv and enable them lo ensure ihai ihe financial statements complv ￿'1th the Companies Act
9006. 1.hey have general responsible lor taking such steps as are reasonabl￿ open to them to saleguard ihe assets
of ihe charilable company and pr¢v¢nt and detect offraud and other irregularilies.
The Trustees are responsible for the mainlenance and inlegrity of the charitable company and financial
inlornialion included on (he website. UK legislation governing the preparation and dissemination of financial
statements mav differ from legislation in other jurisdictions.
The I'rustees confinn that the financial statements have been prepared in accordance wilh the accouniing polici¢s
set out in the notes to ihe accounts and comply wilh the charity's governing document, lh¢ Charilies Act 2011 and
Accounting and Reporting by Charilies= Statement of Recomm¢nded Practice applicable lo charities preparin
their accounts in accordance with FRS 102. The Financial Reporting Sthndard applicable in the UK and Republic
ol- Ireland published on 16 July 2014.
26,','292S
Rev R Reid C.Ss.R.
Chair
12

Ace of Clubs Iclapham)
Indèpendent examlnerfs report
on the Unaudlted Ac¢ounts of
to the Trustees ol Ace of Clubs Iclaphaml
for the year ended 31 July 2024
I report to the Trustees on my examination of the accounts of the Ace of Clubs Iclaphaml for the year ended 31 July 2024
which are set out on paRes 14 to 20.
RESPECTIVE REsPONSIBIL￿rE5 OF TRUSTEES AND EXAMINER
The Trustees, who are also the directors of the company for the purposes of company13w. are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Att 200612006 Actl. The Trustees
consider that an audit is not required for this year under section 144121 of the Charities Act 2011 Ithe Actl nor under Part
16 of the 2￿6 Act.and that an independent examination is needed.
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and
are eligible for independent examination, it Is my responsibility to-.
il examine the accounts under section 145 of the 2011 Act,.
ill follow the procedures laid down in the General Directions given by the Charity Commission section 14515)Ibl of ihe
2011 Act., and
iiil state whether particular matters have come to my attention.
This report, including my statement. h3s been prepared for and only for the Chaflty's Trv5tees as a body. My work has
been undertaken so that I mi8ht state to the Charity's Trustees those matter5 1 am required to state to them in an
Independent Examiner's Report and for r￿ other Pufpose. To the fullest extent permitted by law, I do not accept or
assume responsibility to anyone other than the Charity and the Charity's Trustees as a body. for my examination work.
for this report, or for the statements I have made.
BASISOF INDEPENDENT EXAMINER'S REPORT
My examination was carried oul in accordance with the General Directions given by the Charity Commi$5ion. An
examination includes a review of the accounting records kept by the Charity and a cornpafison of the accounts presented
with those records. It also includes £onsideration of any unusual items or disclosures in the accounts. and seeking
explanation5 from you as trustees concerning any such matters. The procedures undertaken do not provide all the
evidence that would be required in an auclit. and consequently no opinion is 8iven as to whether the account5 present a
"true and fair view" and the report is limited to those matter5 set out in the statement below.
INDEPENDENT EXAMINER'S STATEMENT
Since the Charity's gross income exceeded £250.000 your examiner must be a member of a body listed in 5eclion 145 of
the 2011 Act. I confirm l am qualified to undertake the examination by being a member of the Association of Chartered
Certified Accountants. which is one of the listed bodies
I hève completed my examination. I confirm ihat no material matters have come to my attention in connection with the
examination, giving me cause to believe that. in any material respect..
l. accounting records were not kept in respect of the Company as required by section 386 of the Companies Act
2006,. or
2. the accounts do not accord with those records.. Of
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act Other than any
requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an
independent examination.. or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of
Recommended Practice for accounting and reporting by Charities applicable to charities preparing their accounts
in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021..
which are consistent with the methods and principles of Statement of Recommended Prartice.. Accountin8 and
Reporting by Charities
I have no concerns and have come acr055 no other matters in connection with the examinationto which attention should
be drawn in thi5 report in Order to enable a proper understanding of the accounts to be reached.
S Mahesan FCCA
Mahesan & Co
Suite 5, 6 Great Ormond Street
London WCIN 3RB
Date..
a7
Q2
2o2S
13

Ace of Clubs (Clapham)
Statement of Financial Artivities (incorporating the income & expenditure) for the
for the year ended 31 July 2024
2024
Total
funds
2023
Total
funds
Unrestrirted Designated Restricted
funds
funds
funds
Note
Note 11
INCOME
Donation5, grants and legacy
185,415
so.1￿)
118,624 354.039 259.S78
Incomefrom charitable activities
Drop-in centre
26,175
26,175
11,418
Investment income
4,012
4,012
1.503
Total income
215.602
50,000
118,624 384,226 272,499
EXPENDITURE
Costs of roising funds
Promotional and fundraising expenses
Expenditure on charitable activities
Drop-in centre
1,017
1,017
487
190.041
32,357
142.533 364,931 289,247
Total expenditure
191,058
32.357
142,533 365,948 289,734
Net income l{expenditure)
24,544
17,643
(23,9091 18,278 {17.2351
Reconciliation of funds
Total Funds brought forward
81,600 116,116
49,153 246,869 264,104
TOTAL FUNDS CARRIED FORWARD
106,144
133.759
25,244 265,147 246,869
The financial statements have been prepared in accordance under the Companies Act 2006.
The accompanying accounting policies and notes form an integral part of these financial statements.
14

Aee of Clubs Iclaphaml
Balance Sheet
as at 31 July 2024
2024
Total
funds
2023
Total
funds
Unrestricted Designated Restricted
Note funds
funds
FIXED ASSETS
Tangible assets
245
41,957
42,202
62,787
CURRENT ASSETS
Debtors & Prepayments
Cash at bank & in hand
2.939
110,480
113,419
2.939
227,526
230,465
4,435
183,302
187,737
91,802
91,802
25,244
25.244
CREDITORS: amounts falling due
within one year
{7,5201
(7,5201
13,655}
NET CURRENT ASSETS
105.899
91.802
25.244
222,945
184,082
TOTAL ASSEfs LESS CURRENT
LIABILITIES
106,144
133,759
25.244
265,147
246.869
NET ASSETS
106,144
133,759
25.244
265,147
246.869
CHARITY FUNDS
Unrestricted income funds
Designated income funds
106,144
133,759
39.903
25,244
81,6(Kl
116,116
197.716
49,153
Restricted income funds
TOTAL CHARITY FUNDS
?65.147
246.869
The accompanying accountin8 tx)licies and notes form an integral part of these financial slalements.
The financial statements have been prepared in accordance with the special provisions applicable to charithble companies
subject io the small companies, regime.
I'he financial statements were approved, and auihoris¢d for issue. by the Board of Tru51ees on 26th Febrnary 2025 and were
signed on its behalf by-
Kev R Keid L.Ss.R.
"rrustee
261i2•is
Company Number 3080066 {England & Wales)
15

Ace of Clubs {Clapham}
Notes to the Financial Statements
for the year ended 31 July 2024
I ACCOUNTING POLICIES
1.1 80515 of preparation offinunciol 5tatementS
The financial statements have been prepared in accordance with Accounting and Reportin8 by Charities..
Statement of Recommended Practice applicable to charitie5 preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021- ICh3rities SORP FRS
1021, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS 1021,
and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in
the relevant accounting policy or note.
In applying the financial reporting framework, the trustees have made a number of subjective judgement5,
for example in respect of significant accounting estimates. Estimates and judgements are continually
evaluated and are based on historical experience and other fattors. including expectations of future events
that are believed to be reasonable under the circumstances. The nature of the estimation mean5 the actual
outcomes could differ from those estimates. Any significant estimates and judgements affecting these
financial statements are detailed within the relavent accountinR oolicv below.
1.2 Public benefit entity
The charitable company meets the definition of a public benefit entity a5 defined by FRS 102.
1.3 Going concern
The Trustees consider that there are no material uncertainties regarding the charitable company's ability to
continue as a going concern. At the time of approving the financial statements. there are good levels of
secured income and a strong fundraising pipeline for the financial year 2024-25.
1.4 Income
Income is recognised when the Charity has entitlement to the income. it is probable that the income will be
received, and the amount can be measured reliably.
Income from grants, whether 'capital' or 'revenue' 8r3nts. is recognised when the charity has entitlement to
the funds, any performance conditions attached to the grants have been met. it is probable that the income
will be received and the amount can be measured reliably.
The charity receives donated food. The estimated value of this food and other consumables and used by the
Ace of Clubs of £18,80012023 £17,430) has been included in the accounts.
In accordance with Charities SORP IFRS 1021 the value of services provided by volunteers has not been
included in these accounts. Refer to the Trustees. report for more information about their contribution.
Income tax recoverable in relation to donations received under Gift Aid is recognised at the time of the
donation.
1.5 Expendlture
Expenditure is recognised once there is a legal or constructive obligation to make payment to a third partv,
it is probable that settlement will be required and the amount of the obligation can be measured reliablv.
All expenditure is accounted for on an accruals basis. All expenses including support costs and governance
costs are allocated to the applicable expenditure headings.
1.6 Irrecoveroble VA T
Expenditure includes VAT and is reported as part of the expenditure to which it relates.
16

Ace of Clubs (Claphaml
Notes to the Financial Statements
for the year ended 31 July 2024
1.7 Fund occounting
General funds are unrestricted funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the charity and which have not been designated for other
Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial Statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors
or which have been raised by the charity for particular purposes. The costs of raising and administratin8
such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the
notes to the financial statements.
1.8 Tongiblefixed a55ets and depreciation
Tangible fixed assets are stated at cost less depreciation. The cost of minor additions or those costing less
than £1,000 are not capitalised. Depreciation is provided at rates calculated to write off the cost of fixed
assets, less their estimated residual value. over their expected useful lives on the following bases:
Plant and machinery etc
-20%on cost
Fixtures & Fittin85
-15% on cost
Office Equipment
-20% on cost
Building Improvements
-10% on cost
Motor vehicles
-20% on cost
1.9 Interest receivoble
Interest on fund5 held on deposit is included when receivable and the amount can be measured reliably by
the charity- this is normally upon notification of the interest paid or payable by the bank.
1.10 Debtors
Trade and other debtors are recognised at the settlement amount after trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.11 Cosh at Bank and in Hond
Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of
three months or less from the date of acquisition or opening of the deposit or similar account.
1.12 Creditor5 and pmvision5
Creditors and provisions are recognised where the charity has 3 present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliability. Creditors and provisions are normally recognised at
their settlement amount after allowing for any trade discount due.
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and Subsequently
measured at their settlement value with exception of bank loans which are subsequently measured at
amortised cost using the effective interest rate.
1.13 Pension costs
The charity operates an auto enrolement scheme for all employee which commenced on l May 2017. The
annual contributions payable are charged to the statement of financial activities.
1.14 Cash flow statement
The financial statements do not include a cash flow statement because the charity. as a small reporting
entity. is exempt from the requirements to prepare such a statement under Financial Reporting Standard
102 as amended by Update Bulletin l.
17

Ace of Club5 (Clapham)
Notes to the Flnancial Statements
for the year ended 31 July 2024
2024
Total
funds
2023
Total
funds
2 INCOME
Unrestricted Deslgnated Restrlcted
funds
funds
funds
Grants, donations and Legacy
Wimbledon Foundation Homelessness Fund
Streetsmart
Streets of London
Corporate
The National Lottery Community Fund
The Drapers, Charitable Fund
Deutsche Bank- Opportunity fund
Natwest Bank PLC
Sir Harold Hood's Charitable Trust
Shadworth Hodgson Bequest
G & Mrs E Pollitzec Charitable Settlement
The Oliver Borthwick Foundation
The Alexandra Trust
Individuals, community and corporate
Donated food
2,SCK)
23.860
20.oc
15.1)Xl
26,360
20,(MX)
15,000
50,000
59,764
26,246
10.000
50.IXM)
59,764
10.000
20,000
20.000
12,000
10,000
15.(yXI
15,¢XJO
5,000
3,000
125,902
17,430
259,578
2.750
136.365
18,800
185,415
2,750
136,365
18,8CNJ
354,039
50.000
118,6Z4
3 INVESTMENT INCOME
2024
ZOZ3
Deposit Interest
4,012
1,503
4 STAFF COSTS
Staff costs were as follows:
2024
2023
Salaries
Agency staff
Social Security Costs
Pension cost
122.076 100,962
15.046
13,462
4.061
6,229
3.659
2,500
144,842
123,153
The average monthly number of employees during the year was 512023: 5)
Apart from the Trustees, key management Cornpfises the Treasurer and Centre Manager of Operations. The
a88re8ate remuneration of key management amounted to £35.333 {2023= £28.179}
No employee received remuneration amounting to more than £60,(XMJ in either year.
S TRUSTEES. REMUNERATION, BENEFITS AND EXPENSES
During the year ended 31 July 2024 no trustees, received any remuneration. other benefits or
reimbursement of expenses12023 £nill.
18

Ace of Clubs (Clapham)
Notes to the Financial Statements
for the year ended 31 July 2024
6 TANGIBLE FIXED ASSETS
Building
Fixtures, Fittings Motor
Improvements & Equipment
Vehicles
Kitchen
Equipment
2024
Total
Cost
Cost brought forward
Additions
Disposals
At 31July
150.339
35,745
46,476
54,765
287,325
150,339
35.745
46,476
54.765
287,325
DEPRECIATION
Charge brought forward
Disposals
Charge for year
At 31 July
NET BOOK VALUE
At 31July 2024
At 31July2023
134.785
23,085
18.590
48.078
224,538
4,782
139.567
3.165
26,250
9,295
27,885
3,344
51,422
20,586
245.123
10,773
15,554
9,495
12,660
18,591
27.886
3.343
6,687
42,202
62,787
7 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other debtors
Prepayments and accrued income
310
2.629
2,939
914
3,521
4,435
8 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Other creditors and accruals
7,520
3,655
9 STATEMENT OF FUND5
Brought
Forward
Income
Expenditure Twansfers
in/out
Carried
FoThiard
Designated funds
Fixed a55et dep'n fund
Building Improvement Fund
62,378
53,738
116.116
120,421)
111,9361
132.3571
41,957
91,802
133,759
50.000
General funds
General fund
Unrestrirted funds
81,600
197,716
215,602
265,602
1191,0581
1223,4151
106, 144
239,903
Restrirted fvnds
Fire alarm system
Staffing & core costs
Meals provision
Building maintance
Bicycle project
Equipment & security
Vehicle fund
Other restricted funds
383
10,329
27.625
13831
198.9531
141.1971
98.624
20,0(J)
10.000
6.428
750
750
12,OWI
6,566
1.500
49,153
6,566
1,500
25,243
118,624
1142,5331
TOTAL FUNDS
246.869
384,226
1365,9481
265.147
Fixed Asset Depreciation Fund- This fund represents the net book value of caphtal assets purchased with
restricted funds.
Buildings Improvement Fund- estsblished to Set aside resources for the repairs and renewals to the
Centre. The Trustees decide annually on the amount to be kept in reserve for cyclical maintenance.
Expenditure on refurbishment or new equipment is allocated against this fund.
19

Ace of Clubs {Clapham)
Notes to the Financial Statements
for the year ended 31 July 2024
10 ANALYSIS OF NET ASSETS BEfwEEN FUNDS
Restricted Unrestrirt-
funds
ed fund5 Total funds Total funds
2024
2024
2024
2023
Tangible fixed asset5
Current assets
42.202
205.221
17.5201
42,202
230,464
{7,520)
62,787
187,737
13,6551
25,244
Current liabilities
TOTAL FUNDS
25.244
239.903
265.146
246,870
11 Compative Statement of Financial Activities
for the year ended 31 July 2023
Unrestricted Designated Restrlcted
funds
funds
funds
Total
fund5
Notes
INCOME
Donations and grants
175,718
83.860
259.578
Incomefrom charitable octivities
Drop-in centre
11,418
11,418
Investment income
1.503
1.503
Total income
188.639
83.860
272.499
EXPENDITURE
Costs of roising fund5
Promotional and fundraising expenses
Expenditure on charitoble octivities
Drop-in centre
487
487
216.546
25.581
47.120
289.247
Total expenditure
217.033
25,581
47,120
289,734
Net (expenditure)/income
128.394} {25,5811
36.740
117,2351
Transfer to Designated Funds
15.0(X)
{15.fJ)O)
Reconclllatlon of funds
Total Funds brought forward
109.994
126.697
27.413
264,104
TOTAL FUNDS CARRIED FORWARD
81,600
116,116
49,153
246,869
20

Ace of Clubs
Cla
ham
l)el#ilcd %tdtenii nt (Trf b'inan¢ial .If lil ilies
for the ear ended 31 Jul 2024
Totsl
Unrestricted Deggnal&l Restrided Funds
2024
2024
2024
2024
Unrestricted DesKJnated Restncted Totsl
funds
funds
funds Funds
2023
2023
2023
2023
Income from:
Voluntary Income
Grants. Trusts & Legacies
Donations Churches & Scho)Is
tk)nations Corporate
t*)nations Pe￿nal & fc(rfJ
Enthuse
Meal ticket sales
Drop-in centre
DepK)Sit account interest
Total income
38,783 50,IXKJ
6,893
10,363
92,104
36,932
341
26,175
4.012
215,602
118,624
207,407
6,893
10,363
92,104
36,932
341
26,17S
4,012
384,226
32.386
5.023
3,008
91.790
43.267
244
83.860
116,246
5,023
3,008
91,790
43.267
244
11,418
1,503
188,638
11,418
1,503
83,860 272,499
50,000
118,624
Expendlture on:
Raising fund8
Promotional and fundraising exp
Charitsble activities
Salaries & agency staff
Hire of plant and machinery
Rent, rates and water
ght and heat
Telephone
Takeaway supplies
Meals provided
Cleaning and waste disposal
Repairs and renewals
Centre insurance
Motor & Travel expenses
Artivities
Security
Staff Training & Seminars
Support and advi￿ provision exi
Kitchen equip
Accountancy
Legal & Consultsncy
Postage, ststionery & printing
Computer g)flJ¥are
Bank charges
Recruitment ExFenses
Subscriptions
Other expenses
Depreciation of fixed assets
1,017
1,017
487
487
46,877
1,116
15,166
20,670
4,262
7,229
26,023
9,952
15,620
5,218
2,550
1,456
20,326
97,965
144,842
1,116
30.166
33.204
4,262
10.096
28,423
15.403
29,939
5.218
2.817
1,456
20,326
2,222
3,599
82,096
789
41.057
123,153
789
1S,(KK)
12,534
31.841
15.674
31.841
15.674
3,609
9.088
28.838
14,440
17.180
4.738
1.512
447
2,867
2,4C
5.451
2,383
7.841
26,760
12.916
10.806
4.738
1.512
447
1,247
2,078
1.524
1,214
11,936
5.160
267
1,128
2,538
1.027
4.822
1,478
I,￿0
3.181
1.965
1,280
285
1,027
4.822
1.478
1,000
3.181
1,965
1,280
285
1,061
1,000
3,143
2,140
1,895
377
1,323
700
34
165
190,041
3,143
2,140
1,895
3T/
1,323
700
323
323
1,510
1.510
20,421
32.357
20,586
142.533 364,931
645
216,546
20,421
25,581
21,066
47,120 289,247
Total expenditure
191,058
32,357 142,533 365,948
217,033
25,581
47,120 289,734
Net incomel(expenditure)
24,544
17,643
{23,9￿)>
18.278
(28,394) (25,581) 36,740 (17.235)
Transfer of funds - Fixed As*t Fund
15,C(K)
IIs.ocM)I
Totsl fund5 tought forward
81,600 116,116
49.153 246,869
109,994 126,697
27,413 264,104
Totsl funds carried for*ard
106,1
Designated depreciation for funded assets
Building improvement fund
133,759
41,957
91,802
133,759
25,244
265,147
81,600 116.116
62,378
53.738
116,116
49,153 246,869
21

For the Year Ended 31 July 2024
Food Partnershlps
Aldi
City Harvest
COOK Clapham
Co-op
Crosta & Mollica
Critical Support
Fareshare (including The Felix Project and Foodiversel
GAIL'S
Getir
Lidl
KFC
Nando's
Neighbourly- {Sainsbury)
Marks & Spencer
Tesco
Trussell Trust
Waitrose
Servlce Delivery Partners
Change Grow Live
Footworks
Glassdoor
GoodGym
Guy's and St Thomas, NHS Foundation Trust's Health Inclusion Team
HM Prison & Probation Services
Job Centre Plus
King's Community Special Care Dentistry- Lambeth, Southwark & Lewisham
Lambeth Drug and Alcohol Treatment
Lambeth Street Engagement Team
Lambeth Probation Sen4ices
NHS Dentist and NHS Nurse
Safer Neighbourhood Team
SLAMISTART
South London and Maudsley Hospital
Streetlink
SPEAR
Thames Reach
The Robes Project
Volunteering Matters
22

Corporate Volunteering Teams
Blackbaud
Blend Network
Blueprint Partners
CBRE
Crosta & Mollica
Datasite
Dentsu
Doggart & Squash
Ernst & Young LLP
Fortem
Fosters + Partners
Franklin Fitch
Gallagher
Gore Street Capital
Gu Desserts
ICMM
Imagino
Jimmy's Pop Up
KIND Snacks
London Borough of Lambeth
Lloyds Bank
Natwest
Nestle
Octopus Energy
ORIC International
Pathwaze
Peters & Peters
PIMCO
Premier Foods
PWC
Radancy
RSA Insurance
Rocket Food
Simba Sleep
Sodexo
Tesco
The Athenaeum Hotel & Residences
The Analyst
The Executive Club
The Fendale Group
Third 8ridge
Vodafone
Zoopla
23