2024-03-31-accounts

REGISTERED CO￿[PANy NUMBER: 03246084 (England and Wales) REGISTERED CHAIUTY NUMBER: 1059773 REPORT OF THE TRUSTEES AND FI￿ANCIAL STATEMEiYrs FOR THE YEAR ENDED 31 MARCH 2024 FOR TOIVER HAMLETS PARENTS CENTRE Ra￿1Th£e[S LLP. Statutory Auditor Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD

TOWF.R HAI¥ILETS PARF.I%TS CEI%TRE COIITENTS OF THE FINANCIAL STATEMENTS for the ear ended 31 March 2024 Page Report of the Trnstees Report of the Independent Auditors 6 to 9 Statement of Financial Actii'ities 10 Balance Sheet otes to the Financial Statement5 12 to 21

TOIIT.R HAMLETS PARENTS CEIITRE REGISTERED YUTrtBER: 03246084 REPORT OF THE TRUSTEES for the ear ended 31 Mareh 2024 The trustees who are also directors of ihe charity for the putFKises of the Companies Act 2006, present their report with the financtal statements of the charity for the year ended 31 March 2024. The tNstees have adopted the provisions of 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 (FRS 1021 (effective l January 2019). ORIECTIVES AND ACTIVITIES Objectives and aims The objects of the charity arc as follows: Aims: Thc Towcr Hamlets Parenls Cenlre (THPC) is a registered charitsblc educalional organisation based in the London Borough of Tower Hamlets. The Centr¢ is a focus for Lducalion, training, advice and support for parenls. guardians andlor carers of children. It provides a range of services a￿d aclivilies for parentslfamilies in order to enable them to gain new knowledge. skills and confidence to increase involvemenl and participation in their children's education and to fulfil their roles as parents functioning as a successful 'faniily unit.. It provides support for parentslfamilies in accessing services and organises programmes of activities cncourdging inclusion. participalion and connection in order to build stronger communities. Objectives.. To encourage active parental participalion in their children's education. To provide Language classes for local womenlmothers lo improve their language. litewy and communication skill5. To providc advice and infonnalion for child￿n, parentslfamilics ts) improve choice and access to ￿ucation. To support parenigfamilies in handling olthcir children's admissions and secondary transfcr process. To provide education/training for parents lo enable them to bring up their families successfijlly. To work with truants and children with behaviourdl problems and their families to prevent exclusions. To support cxcluded children to remain in and completc thciT education. To liaise with other organisations in Tower Hamlcts doing similar or complimentary work. To provide a safe and user-friendly enviroEuncnl where parents can meet to share mutual problems and experiences. To provide Homework Support Sessions for local children to improve their attainment. Page I

TOW'ER HAMLETS PARE￿Ts CEliTRE REGISTERED NUMBER: 03246084 REPORT OF THE TRUSTEES for the ear ended 31 March 2024 ACHIEVEMENT AND PERFORMANCE Charitable activities Princi al ActiiTrties and Review i. Icr Cl955es for Women.. We provided ICT Classes and Carcer Support to 2 Cohorts lotalling 20 BAME Women, in order to enable th¢Tn to d¢velop thcir Skills. The Classes covered a variety of Areas including Computer Basics, using Email and Intcrnet. Onli ne Shopping and accessing Welfare and Benefits (20 women helped}. 2. ESOL Tuition for IN'omen: Two Sessions of fornial accredited ESOL Entry Level l or Entry Level 2 Tuition were delivered each week for unemployed Women for 40 weeks. Thc leaming was Practical and designed to help them to integrate into the Commun ity (32 women hclped). 3. Career Support for Women: Weekly Employmeni Sessions for 40 weeks were run to help Women prepare for and enter work. They included Careers Guidance and ongoing motivatiOQ CV and Application Writing Sessions, Interview Training and Job Search (51 women helped). 4. Women affected by Domestic Violence: We proi'ided Advice. Infomiation and Emotional Suprrt)rt to Victims, ensuring their safely and referring th em to Emergency Services (21 women helpcd). 5. Adirycellnformation on Financi￿ Issues: Wc organiscd a 3 hour weekly Drop-in Session on Financial Issues. Beneficiaries received early InleTr'ention on Issues such as Debt Repayment, Crisis Assislance through linking them with Food Banks. accessing eligiblc Wclfarc Be nefits and Advocating for this (58 people helped). 6. Accessing Housing and Welfare Benefits- We helped IIKal People lo access or sustain Housing ihrough liaising with the Council's Housing Team. helping them acccss private Accommodation. helping with Housing Benefits, Universal Credit and Rent Ar￿ar5 (83 peo ple helped). 7. Homeivork Club: Led by a qualified and experienced Tutor, we proi'ided a 3 hourly Session per week for local Children of 7-12 years, suppot1ing ihem to improve iheir Reading and Wriling and Numeracy Skills and assisted them to do their Homewor k io improve altainmenl (20 children helped)- 8. Advice and Information Session on Educational Issues: We organi5ed a 3 hourly Session per wee14 providing Advice and Infomlation on Admissions. Secondary Transle r5 and other Educational Issues (87 children helped). 9. Casework Supporting Truants and Excluded Children.. We undertook C&sework on Educational Issues such as School Admissions. Secondary Transfers and Exclusions. reprcscnling Children and Families in Appeal Hearings (17 children h¢lp¢d). 10. Summer Holiday Activities: We delivered a Programme of Activities and Events for local Children and Families from deprived Ethnic Minority backgrounds, during the Summer Holiday-2023. Actii'ities included Learning Sessions on Poetry, Reading and Writin g, Arts and Crafts. Film Show and Games (75 ckn'ldren helped). I l. Local trips: Wc organiscd four local Trips for Young People to local Parks. Idea Store. Whitechapel Art Gallery and Stolcn Spac e Gallery to broaden iheir horizon5 (72 children heltth). 12. Outreach and Home Visits to Elderlv People: We provided Outreach and Home Visits to Isolated. Lonely Elderly People and people with disabililies lo improve their participation. mobility and quality of life. Our Outreach Worker provided support to tbese Beneficiaries by linking with THPC and other Agencies. Events and Servi¢¢5 (55 people helped). 13. Walking Group.. We organised a weekly Walking Session for 2 cohorts of elderly women, over a period of 24 weeks (12+11-23 w omen attended). 14. SingAng and Music Se55ion". We organised a Singing and Music Club for a Group of15 women. over a period of 18 weeks {15 women attended). 15. TealCoff¢e Mornings: We organised a weekly T¢￿Coffee Morning for 24 women. over a period of 24 weeks (24 women attended). Page 2

TOWER HAMLETS PARF.￿Ts CENTRE ISTERED NUMBER: 03246084 REPORT OF THE TRUSTEES for the ear eDdcd 31 Marth 2024 16. Get Together for Elderl). Women.. We organised a Get Together for Elderly Women in August 2023. {41 women attended). 17. Advice and Information on Health Issues: We organised a DroFpin Session on Health Issues for 42 week5. providing Advice and Irjfortnation on Health Issues, supporting Bencficiaries to access Stamtory Health Services such as GPS. where necessary. providing InterpreL21 ion Support (77 people helped). 18. Yoga/Mindfulness Sessions for Women: We organised a Yoga and Mindfulness Se5sioTh per week for Mo Cohorts of 20 Women. over a period ot'24 week5 (20 women atiended). 19. Exerci5elFitne55 Session5 for Women: We deltvered an hourly EXC￿ls¢ and Fitness Session per w￿k for three Cohorts tolalling 36 Women (36 people h elped). 20. Health Workshops.. We organised Six Workshops. each two hours in duration, for women to raise their awareness of Health Issues such as Obesity. Breast Cancer, Respirdtory Illnesses, Diabetes. Mentsl Health, Hyper-lension and Screening (60 people hel￿d)- 21. Volunteering Opportunitie5: The Parents Centre offered Volunteering Opportuniti¢s to five young women, supporting them to familiarise with the World of Work lo develop their confidence. experience and discipline, in order to enable them to progres5 onl o Employmeni (5 people helped). 22. Inter%enerationg1 Sports Day.. We oroanised an Inter-generational Spotts Day in August 2023, for local residents and families, to participate in S ports and Games, among thcir different generations {267 people helped). 23. Multi-cultural Event.. We organi5ed a Multi-cultural Ei'ent in July 2023. in order to encourage beneficiarie5 to socialise and interact iviih People of other ethnic backgrounds, lo promote understanding and Community Cohesion (251 people helped). 24. Consultation with beneficiaries.. We organiscd 2 Consultation Meetings with our Beneficiaries with a view to crtaining their needs, in the current climate of Cost-of-Living Crisis and dramatic increase in Energy Cost5, in order to address these needs and support Beneficiaries appropriately and effectively (97 people helped). For 2023124, the Parent5 Centre ha5 worked with over 1,507 beneficiaries (parents and children). FINANCL4L REVIEW Inve5tmeDt poliey and objectives Und¢r ils MemorgAdum of Association the charity has power lo invest in any way the tnLSttts wish. Reserves policy The trustecs have established the level of rescTh'es (Ihal is those funds that arc frccly available) that the ch&rity oiighi to hav¢. Reserves are needed io bridg¢ the fimding gaps betsveen 5p¢nding on aclivities and receiving r¢sources through voluntary grants. The tn￿tee5 consider that the ideal lei'el of rcscrvcs as at 31 March 2024 would be three monihs of resources expended which equates to £22,144. The actual reserves as at 31 March 2024 was £22.144 less than our target figure. In calculalin¥ the reserves, the truslee5 hai'c excluded from total fi]nd5 the restricted income funds l£17.277}. The trustees are actively pursuing Sources of funding ID order to ens¥Jre that there are sufficient resetves to provide to fmancial stability and flexibility. FUTURE PLANS Tower Hamlcts Parents Centre ￿.111 continue lo expand and dcvclop its activities to provide encouragement for active parental participation in their children's educalion. STRUCTURE, GOvER￿ANcE AND MANAGEMENr Governing document Tower Hamlets ParLnls Centre is a charitable company limited by guardntee and is governed by its Memordndum and Articles of Association. Page 3

TOWTR HAMLETS PARENTS CEI%TRE EGISTERED NU￿{BER. 03246084 REPORT OF THE TRUSTEES for the ear ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitrnent and appointment of Dew tnistees New trustees are appointed due to their interest in thc work of the charity and their recognised experience in specific fields which will fiuther support the work of the Tower Hamlets Parent Centre. Organisational structhre The board of tru5tee5 administers the charity. The board meets quarterly. Induction and training of new trustees New t￿￿te¢S are appointed due to their inleresl in the work of the charity and thcir recognised experience in specific fields which will fill1her support the work of Tower Hamlets Parents Centre. New trustees are given a full induction by the director. TTh￿teeS can retire when they wish as they do not serve under a fixed temi of tenure. Wider network Ai present Tower Hamlets Parents Centre d(Ks not consider itself part of a wider network. Related parties Tower Hamlets Parent5 Centre has no lied organisations or companies. Risk management The truslee5s havc a duty to identify and review the risks to which the charity is ¢xposed and to ensu￿ appropriate controls arc in place to provide reasonabl¢ a55urance againsi fraud and error. REFERENCE AND ADMINISTRATIVE DETAILS Registered Compan). number 03246084 (England and Wales) Registered Charity number 1059773 Registered otrlce Unil l Links Yard 29 Spelman Street London EI 5LX Trustees Mr G Mortuza c.hair and Ex -Local Coun¢illor Mr S iihmcd Treasurer Retired Tcachcr Mr M Islam Trustec and User Represenlative Mr M S A Khan School Governors, Representative Mrs F Ahmed Women Group's Reprcsentative Mr M C Ray Senior Vice-chair Company Secret4ry Mrs F Ahmed Auditors Raffingers LLP, Sta￿tOry Auditor Chartered Certified Accountanls 19-20 Boume Court Southend Road Woodford Green Essex IG8 8HD Page 4

TOWER HAMLE PAREI%TS CEi%TRF. EGISTERED Y ER: 03246084 REPORT OF THE TRUSTEES for the ear ended 31 Mareh 2024 PUBLIC BENEFIT sTATEmE￿T We have rcfcrred to the guidance contsined in the Chariry Commission's genernl guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the t￿￿teeS consider how planned activities will contribute to the aims and objectives they have set. STATEMEIYT OF TRUSTEES, RESPONSIBILITIES The t￿￿teeS (who are also the director5 of Tower Hamlets Parents Centre for the pur￿)seS of company law) responsible for preparing the Report of the Trustees and ihe firwicial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accq)icd Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the statc of affairs of the charitable wmpany and of the incoming resources and application of resources, including the income and expendilure, of the chari18ble company for that period. In preparing those financial statements, the Injslees required to s¢le¢t suitable accounting policies and then apply them consistently- observe the methods and principles in the Charity SORP; make judgements and estimates tbat are reasonable and prudent. prepare ihe financial statements on the going concern basis unless it is inappropriate lo presume that the charitable ompany will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accurd¢y at any time Ihe financial position of the charitable company and io enable them to ensure that th¢ financial slatements comply with the Companies Act 2006. They ar¢ also rc5ponsible for safeguarding the a5SCts of the charitsble company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far a5 the trustees are aware: there is no relevant audit information of which ihe charitable cOmpan￿S auditors are unaware" and the trustees have taken all sleps thai they ought to have takcn to make themselves aware of any relevant audit information and lo establish thai the auditors are awa￿ olthal inf0m￿liOn. AUDITORS The auditors, Raffmgers LLP, Statutory Auditor. will be proposed for rc-appointmenl ai ihe forthcoming Annual General Meeting. Approved by ordcr ofthe board of truslees on 14 November 2024 and signed on its behalf by: Mrs F Ahmed- Trustee Page 5

REPORT OF THE INDEPENDENT AUDrroRS TO THE MEMBERS OF TOWER HAMLETS PARE￿[S CEYYRE Opinion We have audited the financial statements of Tower Hamlets Parents Centre (the 'charitable company'} for the year ended 31 March 2024 which comprise the Statemcnl of Financial Activities. thc Balance Shcct and notes to the financial statements, including a SLunmary of significant accounting policie5. The financial reporting framework thai has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally A¢¢epted Accounting Practice). In our opinion the financial statements: give a tN¢ and fair view of the statc ol the charilablc compan￿$ affairs &8 at 31 March 2024 and of its incoming resources and application of resources. including its income and expendittwe. for the year then ended. have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Praclice" and have been prepared in accordance ￿'11h the requirement5 of the Companie5 Acl 2006. Basis for opinion Wc conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors. responsibilities for Ihe audit of the financial statements seclion of our report. We are independent of the charilable company in accordance with the ethical requirements thal are relevanl to our audit of the firwicial stalements in the UL in¢luding the FRC'S Ethical Standar¢L and th¢ provisions available for Small entitlcs, in thc circumstance5 sel out in note 16 10 the financial slatements, and we hai'e fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtatned is sufficient and appropriate to provide a basis for our opinion. Con¢lusions re12ting to going con¢ern In auditing the financial statemenls, we have concluded thai the trustees, use of the going concem basis of accounting in the preparation of the fllwicial statemenls is appropriate. Based on the work we have perfomie& we have not idenlified any material uncertaintie5 relating to events or conditions that, individually or collectively, tnay c&%t significant doubt on the charitsble company's ability to continuc as a going conccrn for a period of at least Iwelve monihs from wben ihe financial statements are authorised for issue. Our responsibilities and the re5ponsibilit1¢5 of the tnLStees with respect to going concern are described in the relevant sections of this report. Other information The trustees are responsible for the other infonnation. The other Inforn￿tIOn comprises the inforniation included in the Annual Report. other than the financial 5tatemcnts and our Report of the Independent Audito￿ thereon. Our opinion on the financial statements does nol cover the other information and, except to the extent othenvise explicitly stated in our reporL we do not express any forn] of assurance conclusion the￿oll. In Connection with our audit of the fmancial statements, our responsibility is lo read ihe other infomiation an￿ in doing so, consider whether the other infom)ation is malerially incon5islent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially missiat¢d. If wc id¢ntify such material inconsistencies or apparent material misstatements, we are required to dctCTmine whcthcr this gives rise to a material misstatement in ihe financial statemcnts Ihcmselves. If. based on the ivork we have perfom)e4 we conclude that there is a material misstalemenl of this other infornialion, we are required to report thai fact. We have nothiThg to report in this regard. Opinions on other matters prescribed by the Companies Ad 2006 In our opinion, based on thc work undertaken in the course of the audit.. thc infomiation given in the Report of the Trustees for the financial year for which the fmancial slatemenls are prepared is consistenl with the financial statements. and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Page 6

REPORT OF THE tNDF.PENDENT AUDITORS TO THE MEMBERS OF TOWER HAMLETS PARENTS CEYtRE Marters on w'hich we are required to report by exeeption In the light of the knowledge and understsnding of the charitablc company and its environment obtained in the course of the audiL we have not iderEtifLed material misstatements in the Report of the Truslee5. We havc nothing to report in respect of ihe following matters where the Companies Act 2006 requires us lo report to you if. in our opinion.. adequate accouThting ￿e0rd$ have not been kept or returns adequale for our audit have not been received from branches not visited by us- or the financial sta￿MentS are not in agreement with the accounting rccorlts and returns. or cenain disclosures of trnstee5' remuneration specified by lam, are noi made. or we have not received all the information and cxplanations we require for our audit. or the ln￿leeS were not enliiled io take advantage of the small companies exemplion from the requirement to prepare a Strategic Report or ITh prcparing the Report of the Trustees. Responsibilities of trustees As explalned more fully in the Stalement of Tr￿steeS, Responsibilities. the trustees (who are a150 the directors of the charitable company for the purposes of company lau,) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal Control a5 the trustees detennine is necessary to enable thc preparation of fmancial slalements that ar¢ free from Tnatcrial misstatement, whether due lo fraud or e￿or. In preparing ihe financial statements. the ttuslees are responsible for assessing the charitable company's ability to continue as a going concern. disclosing, as applicable, matlers related to going concern and using the going concern basis of accounting unless the Irustees either intend to liquidate the charitsble company or to cease operntions. or have no realistic alternative but lo do so. Page 7

REPORT OF THE TNDEPENDENT AUDITORS TO THE MEMBERS OF TOWER HAMLETS PAREwfs CEYfRE Our responsibilities for the audit of the financial statements Our objectives are lo obtain reasonable assurance about whether the financial statements as a whole are free from material rni5Stal¢ment, whether due to fraud or error. and ￿ issue a Report of the Independent Auditors that includes our opinion. Reasonable assurdnce 15 a high level of &55urdnce, but is not a guardntee thal 3D audit conducted in accordance with ISAS (UK} will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the awgregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial slalements. Our approach to identifying and a5scssing thc risks of material misstatement in respect of irrcgularities. including fraud and non-compliance with laws and regulations. was as follows: the engagement partner ensured that the engagement tvam colleclively had the appropriale compelence, capabililies and skills to identify or recognise non-compliance with applicable laws and regulations- - we identified the laws and regulations applicable to the charitable company ihrough discussions with management and from our commercial knowledge and experience of the charity seclor" - we focused on specifi¢ laws and regulations which we considered may have a direct rnaterial effect on the fjnancial statements or the operations ol the association, including thc Companies Act 2006. Charilies Act 2011. Accountin¥ and Reporting by Charities: Statement of Reconmiended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable to the United Kingdom and Republic of Ireland {FRS 102) (effective l January 2019). Trust¢es Act, Bribery Act, Health and safety legislation and data pn)tection' we assessed the cxtent of compliance with Ihc laws and rcgulaiions identified above thmugh making enquiries of management and inspecting legal correspondence if available. and identified laws and regulations were communicaled iN'ithin the audit team regularly and the team remained alert to instan¢es of non-¢omplianc¢ throughout the audit. We assessed ihe susceptibillly of ihe charily's financial statements io material misstatemenl, including obtaining an understanding of how frdud might occur. by: making enquiries of management as to where they considered there was susceptibility to frau(l their knowledge of actual, suspected and alleged Iraud- and considering the internal controls in place to mitigale risks of fraud and non-compliance with laws and regulations, including the ones that ensure that the granls are used for inlended purposes. To address Ihe risk of fraud Ihrough management bias and override of controls. we.. - performed anaI￿lea1 pro¢edure5 to identify any un￿Su81 or unexpected relationships. - teslcd donations received and grant received for accuracy and completeness. - tested journal entries lo identify unusual irdnsactions if any" as5C55ed whether judgements and &ssumption5 made in detern)ining the accounting estimates were indicative of potential bias,. and - investigaied ihe ralionale behind 5ignificanl or wiusual transaction5. To address the risk that revenue could be misstated due to fraud. we- we obtained an underslanding of the companys rei'enue recognition policies and compared these to the accounting standard: perfomied a walkthrough io confimi our understanding of the pnKesses and controls through which the business initialcs, rccords, processes and reports revenue transactions. lesled a sample of rei'enue Iransactions to supporting evidence. In response to the risk of irregularities and non-compliance with law5 and regulations. we designed procedures which included. but were nol limited io- - agreeing financial Statement disclosure5 to underlying supporting documentation" - reading the minutes of meetings of ihose charged with governance" - enquiring of management as to actual and potential litigation aThd claims. There are inherent limilation5 in our audii pmcedures described above. The more removed that laws and rcgulalions are from financial transactions. the less likely it is thai w¢ would become aware of non-compliance. Auditing standa￿S also limit the audit procedures required to identify non-compliance laws and regulations to enquiry of ihe trustees and other management and the inspeclion of regulatory and Icgal correspondence. if any Page 8

REPORT OF THE tNDF.PENDF.NT AUDrtORS TO THE MEMBERS OF TOWER HAMLETS PARENTS CENTRE A further description of our responsibilities for the audit of the fmancial statements is located on the Financial Reporting C.ouncil's websile at www.frc.org.uklaudiiorsresponsibilitie5. This description fonns part of our R¢]x)rt of the Independent Audilors. Use of our report This report is made solely to the charitsble coMpan￿S members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit ivork has been undertaken so that we might stste to the charitable company's members those matters we are required 10 State to them in an auditors, report and for no other purpose. To the fullest extent perniitted by law, we do not accept or assume rcsponsibility lo anyone other than the charitable company and the charitable CoMpan￿S members as a body. for our audit worl for this rqK)rt, or for the opinions we have fonned. Mr Thurdiratnam Sudar5han FCCA (Senior Statutory Auditor) for and on behalf of Raifingers LLP. Statutory Auditor Chartered Certified Accountants 19-20 Bourne Court Southend Road Woodford Green Essex IG8 8HD 14 November 2024 Page 9

TOWER HAMLETS PAREhTS cE￿TRE STATEMENf OF FINLNCIAL ACTIVITIES for the cxr ended 31 March 2024 2024 Total fimds 2023 Total fijnds Unrestricted fimd Re5tricled fimds Notes INCOME AI%D ELYDOWMENTS FROM Donations and legacies 2,256 71,249 73,505 81.241 EXPENDfruRE ON Charitable activitie5 Education.training and advice Governance cost 8,989 72.185 15.404 81.174 15,404 70,406 20.899 Totgl 8.989 87.589 96,578 91,305 NET INCOMEI(EXPENDITURE) (6.733) (16.340) (23,073) (10,064) RECONCILIATION OF FUNDS Total funds broughi lorward 6,733 33,617 40.350 50,414 TOTAL FUNDS CARRIED FORWARD 17.277 17,277 40,350 The notes forni part of these financial statements Page 10

TOW'ER HAMLETS PARENTS CEliTRE EGISTERED NUMBER: 03246084 BALthCE SHEET 31 March 2024 2024 Totsl fimds 2023 Total funds Unrestricted fi￿d Restricted funds Notes FIXED ASSETS Tangible assets 10 3.006 3,006 3,536 CURREINT ASSETS Debtors Cash at bank and in hand 2,260 23,378 2,260 23.378 2,260 43.945 25.638 25.638 46.205 CREDITORS Amounts falling due wiihin one year 12 {11,367) (11,367) (9,391) NET CURRENT ASSETS 14.271 14.271 36,814 TOTAL ASSETS LESS CURRE￿[ LIABILITIES 17,277 17,277 40,350 NET ASSETS 17.277 17,277 40,350 FUNDS Unrestricled funds Restricted fimds 14 6.733 33,617 17.277 TOTAL FUYDS 17,277 40,350 These f&nancial statements have been in accordance with the provisions applicable to Charitsble companies subject to the small companies regime. The financial staiemcnls were approved by the Board of Trustees and authorised for issue on 14 November 2024 and were si¥ncd on ils behaifby- Mrs F Ahmed- Truste¢ The notes forni part of thes¢ fir￿nCial statements Pagell

TOWER HAMLETS PARE￿Ts CEINTRE L%OTES TO THE FIN￿NcIAL STATEMENTS for the eare ed 31 Marcb 2024 ACCOUNTIIYG POLICIES Basi5 of preparing the fRnancial 5tgternents The financial statements of Ihc charitable compaThy, which is a public benefit eniity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities: Stalement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),. Financial Reporting SLindard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 21X)6. The fu]ancial slatements have been prepared under the hkstorical cost convention. A55e55mcnt of going concern The trustees. having made appropriate enquiries. consider that adequate Trsources exist for the charity to continue in operational existence lor the foreseeable future and that. therefore, il is appropriate lo adopt going concern basis in preparing the financial statements as al and for the year ended 31 March 2024. The trustees have made this as5essmeDt in r¢5pecl to a period of one Y￿ from the date of approval of these accounts. The ttuslees of the charity have concluded that there are no material uncertainties related lo events or conditions that may cast sigmificant doubt on the ability of the ckwiiy to conlinue as a going concem. The trustees are of the opinion that the charity will have sulTicient resources to meet its liabilities as they fall due. Undoubtedly there will be challenges ahead bui the tr￿SteeS do not expect material concerns lo arise over the chariiy's financial wsition or going concern. Critical 2c¢ounting judgements 2nd kev Sources of ¢stimation un¢ertAinty Preparation of the accounts requires the trusiees and management to make significant judgements and estimates. The items in the accounts where these judgements and estimates have been made include: eslimaling the use￿1 economic life of tangible fixed as5els. allocation of support Costs across charitablc activitics. Income All income is recognised in the Statement of Financial Adivilies once the charity has entitlement to the fwid5. il is probable that the income will be ￿ceIved and the amounl can be measured reliably. Grant income Governmcnt grants. including non-monetary grants shall not be recognised until there is reasonable assurance that: (a) the entity will comply with the conditions attached to them. and (b) the grants will be received. Expenditure Liabilities are recO￿lSed as expenditure as soon as there is a legal or constructive obligation committing the chariry lo that expendilure. il is probable that a trdnsfer of economic benefits will be required in settlemenl and the amount of the obligation can be mcastsrcd reliably. Expenditure is accounted for on an accruals basis and has been classified undcr headings that aggregale all cosl relaled to the category. Where costs cannot be direcily attributed lo particular headings they have been allocated to activities on a basis consistent with the use of resources. Charitable actiiities Charitable activities comprise those costs incurred by the chanty in the delivery of its activilics and services for its beneficiaries. It includes both costs thai can be allocated dir￿tlY to such activilies and those costs of an indirect natur¢ nccessary to support them. Governance Cost5 Governance costs comprise thosc costs associated with meetinE the consti￿tIOnal and strategic requirements of the charity and the audit fees and costs linked to the 5tralc¥ic management of the charity. Allocation and apportionment of costs Overhead and support costs relating to charitable activities have been apportioned based on staff time. Page 12 continued...

TOIIER HAMLETS PAREhryS cE￿TRE NOTES TO THE FINANCIAL STATEMENT for the ear ended 31 Mareh 2024 - Continued ACCOUNTING POLICIES- continued Tangible fixed assets D¢preciat&oTh is provided at the following annual rates in order to write off each asset over its estimated usefijl life. Fixlures and fillings Computer ¢quipment 15 % on reducing balance 15 % on rcducillg balance Taxation The company is considered lo pass the tests set out in Sch. 6, para. l of the Finance Act 2010 and therefore il meets the definition of a charitable company for UK Corporation lax putP05es. Accordingly, the company is potentially exempt from taxation in re5￿t of incotne or capital gains receii'ed within categories covered by Pi. I I, Ch. 3 of the Corporation Tax Act 2010 or s. 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively lo charitable PUTFM)se5.charity Fund accounting u[￿strICted funds can be used in accordance with the charitable objectives at ihe discretion of the trnstees. Restricted fi￿dS can only be used for particular reslricted pury￿SeS within the objects of th¢ charity. Restrtctions arise when specified by Ihe donor or when funds are raised for particular restricted pury)oses. Further explanation ofthe nature and pu[￿Se of each fi￿d is included in the noles lo the financial stalernents. Cash at bank aDd ID hand and debtors Cash at bank and in hand repre5ent5 sueh accounts and instruments that are available on demand or have a maturity of less than thtee months from the dale of acquisilion. Deposits for more ihan three months but les5 Ihan one year have been disclosed as short tenn dep05ils. Debtor5 are recognised at iheir 5ettlcm¢nt amouni. less any provision for non-recoverability. Prepayments are valued at the amount p￿Paid. They have been discounted lo be present value of the future cash receipt where such discounting is material. Creditors and provisions Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, il 15 probable that a transfer of economic benefit M'ill be required in settlemenL and ihe amount of the settlement can be estimated reliably. Credilors and provisions are recognised al the moment the charity anticipates it will pay to settle the debt. They have been discounted to the present value of the futtwe cash paY￿￿ntS where such discounting is material. DONATIONS AND LEGACIES 2024 2023 Donations Grants Sundry income 2,250 71,250 9,500 71.723 18 73.505 81.241 Page 13 continued...

TOWER HAMLETS PARE￿Ts cE￿TRE NOTES TO THE FINANCIAL sTATEME￿TS- continued for the ear ended 31 March 2024 DONATIONS AND LEGACIES- continued Grdnls received. included in the alx)ve, are as follows: 2024 2023 London Borough of Tower Hamlets Thc Merccrs, Company BBC Children in Need Appeal Wakefield & Tetley Trust Garfield Weston Foundation The Hale Trust City Bridgc Trustlcity of London Corporalion The National Lottery Community Fund 29th May 1961 Charitable Tntst Woodward Charitable Trust The Magdalen Hospithl Ttust The Worship Company of Insurers Charitable Tnst Paddington Development Trust The Foyle Foundaiion Cliford Chance LLP Wapping Bangladesh Associalion 9,320 19,053 30,874 14,703 2.500 10.000 16.000 9,875 2.000 750 500 2.000 9.446 7.000 4,000 2.252 71.250 71.723 CHARrrABLE ACTtVlTIF.S COSTS Support costs (see note 4} Direct Costs Totals Education.Irainit]g and advice Governance cosl 41.057 40.117 15.404 81,174 15,404 41,057 55,521 96.578 SUPPORT COSTS Governance costs Management Finance Tolals Education,training and advice GoveTnance cost 35.554 11,804 93 4,470 3.600 40.117 15.404 47,358 93 8,070 55.521 Pag¢ 14 ontinued...

TOWER HAMLETS PAREhTS CENTRE NOTES TO THE FINANCIAL STATEMEIITS- continued for the ear ended 31 Mareh 2024 NET INCOMEI{EXPENDITURE) Net income/(expenditure) is staled after c]wgingl(crediting): 2024 2023 Auditors, remuneration Deprcciation - owTr¢d assets 1.800 530 1,800 624 TRUSTEES, REMUNERATION AND BENEFITS There were no trl￿e¢s, remuneration or other benefits for the year endcd 31 March 2024 nor for the year ended 31 March 2023. Trustees, eIpen$es There were no Inhsttts, expenses paid for the year cnded 31 Marcb 2024 nor for the year ended 31 March 2023. STAFF COSTS 2024 2023 Wage5 and salaries 55.019 45,167 55.019 45,167 The av¢rd¥e tnonthly number of employees during the year was as follows: 2024 2023 Charitable expenditure Administration No employees received emoluments in exccss of £60.(KK). COMPAIL4TIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 9,517 71,724 81,241 EXPENDITURE ON Charitable actiiities Education,training and JdYi¢e Govemance cost 9,517 60,889 20,899 70,406 20,899 Total 9.517 81,788 91.305 NET INCOMEI(EXPENDITURE) (10.064) 110,064) Page 15 continued...

TOWF.R HAMLETS PARENTS CENTRE NOTES TO THE FINANCIAL STATEME￿'Ts - continued for the ear ended 31 M4r¢h 2024 COMPARATIVES FOR THE STATEMEYT OF FINANCIAL ACTIVITIES- continued Unrcstric￿d Restricted fi￿d funds Tolal funds RECONCILIATION OF FUNDS Total fund5 brought forward 6.733 43,681 50,414 TOTAL FUNDS CARRIED FORWARD 6,733 33.617 40,350 DEFERRED INCOME Deferred income comprised of grants from several institutions. Income deferred in the currenl y¢ar relales lo grdnls r¢c¢ived from in5tikntions for use in future accounting periods. Balance a5 at l April 2023 Amount rclcascd io incoming resources Amount deferred in the year 2,500 Balance as ai 31 March 2024 2.500 io. TANGIBLE FIXED ASSETS Fixtures Computer equipment fittings Totals COST At l April 2023 and 31 March 2024 16.418 14,057 30.475 DEPRECIATION At l April 2023 Charge for year 15.932 73 11.007 457 26,939 530 At 31 March 2024 16.005 11.464 27,469 NET BOOK VALUE At 31 March 2024 413 2,593 3,006 At 31 March 2023 486 3,050 3,536 Page 16 continued...

TOw￿R HAMLETS PARENTS CEI%TRE NOTES TO THE FINANCIAL STATEMENTS- continued for tbe ear ended 31 M4rckn 2024 ii. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Prepayments 2,260 2,260 2.260 2,,260 12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accrua15 and defeTred incom¢ 11.367 9.391 11.367 9,391 13. LEASING AGREEMENTS Minimum lease payments under non-cancellable operdting leases fall due as follows.. 2024 2023 Within one year 18.652 18.652 14. MOVEME￿ IN FUNDS Nel movement in fimds At 1.4.23 31.3.24 Unrestricted funds General fimd 6.733 16.733) Restricted funds Restricted fund 33.617 (16.340) 17,277 TOTAL FUNDS 40,350 (23,073) 17,277 Page 17 continued...

TOWER HAMLF.TS PARENTS CEhTRE NOTES TO THE FINANCIAL sTATEME￿TS- for the ear ended 31 March 2024 ontinued 14. MOVEMENT ILY FUNDS - continued Net movemenl in fimds, included in the ab)ve are as follow5: Incoming resources Resources expeThded Movement in funds Unrestricted funds General fund 2,256 (8,989) (6,733) Restricted funds Restricted fi￿d 71,249 (87.589) {16.340) TOTAL FUNDS 73,505 (96.5781 (23,073) Comparatives lor movement in funds Net movement in fI￿d5 At 31.3.23 At 1.4.22 Unrestricted funds General fund 6,733 6,733 Restricted funds Restricted fund 43.681 (10.064) 33,617 TOTAL FUNDS 50,414 (10,064) 40,350 Comparative net movement in funds. included in th¢ above are as follows: Incoming resource5 R¢50urc¢s expended Movcment in funds Unrestricted funds General fLmd 9,517 (9.517) Restricted funds Restricted fi￿d 71.724 (81,788) (10,064) TOTAL FUNDS 81,241 (91,305) (10,064) Page 18 continued...

TOWTR HAMLETS PARENTS CENTRE NOTES TO THE FINANCIAL STATEmE￿￿s- continued for the ear ended 31 March 2024 14. MOVEMENT IY FUNDS- eontinued A current year 12 months and prior year 12 months combined position is as follows: Net movement in funds Al 31.3.24 At 1.4.22 Unrestricted fuods Gcncral fund 6.733 (6,733) Restricted funds Restricied thnd 43.681 (26,404) 17.277 TOTAL FUNDS 50,414 (33,137) 17.277 A current year 12 month5 and Prior year 12 months combined nel movemenl in fimds. included in the above are as follows.. Incoming resources Resource5 expended Movement in funds Unrestricted fund5 Generdl fund 11.773 (18,506) (6.733) Restricted funds Restricted fund 142,973 (169,377) (26,404) TOTAL FUNDS 154,746 (187,883) (33,137) Nel movement in fund5. included in the above are as folloiv5: Restricted funds - 2024 Incoming resoutCCS Resources expended Movement in funds ESOL classes for women 15.322 15,322 Health and well being project 9,875 9,875 Women health matters 3,724 (1.724) Digital inclusion projeci {I,000) Study support 5,5(M) 6,500 (1.000) Welfare advice 1.500 1.5(X) Outreach with elderly people 19,053 19,053 Summer programme Premises rentsl cost 10.000 22,616 (12.616) Page 19 continued...

TOWER HAMLETS PARENYS CENTRE NOTES TO THE FINANCLKL sTATEME￿TS- continued for the ear ended 31 Mareh 2024 14. MOVEMENT IN FUNDS - continued 71.250 87.590 (16,340) Restricted fund$- 2023 Incoming resources Resources expended Movement in funds Early intervenlion project Community celebration project Women into employment Summer programme 14.703 14,703 2,900 (2,900) 9,446 6.7(K) 6.7(K) ICT classes for disadvantaged women Women health matters 4,500 2.664 (4,500) (2.664) Outreach elderly people 30.784 30.784 Premises rental cost 10,000 10.000 71.723 81.787 (10,064) N4me of fund Healih matters 2 programme Description, nature and purpose for the fund To provide scrviccs and to deliver activilies including Outreach Suppor( Hcalih Advocacy, Workshops on Health issues, Fitness Exercise and Swimming Sessions. Nutrition and Cookery Class. Hcalthy Food Exhibition and Workshops on Smoking and Paan Cessation and Cervical Screening. To provide a range of services in order to reduce inequalities in health by improving physical and mental healih of disadvantage ethic minority communities. Well being and mental health project Early Inte￿entiOn Project To provid¢ mentorRng support to the children who were poorly perfomiing with regard to Tn￿nry and Exclusion and showed signs and at risk of school failure. Homewo￿ Club was also delivered on Saturdays. ICT classes for disadvantage women To provide ICT embedded with ESOL classes to improve women's literacy and ICT skills. The Covid- 19 Project To support elderly and vulnerable people. Community celebration events To promote community cohesion. Home visiling project To deliver home visit to vulnerable and ¢ld¢rly pcople. Women into Employment To provide ESOL cla55e5 and career support to unemployed women. Summer programme To deliver programmes ofactivilies and events for local children and families during summer holiday. Outreach with elderly people To support elderly peopl¢ at home. Page 20 continued...

TOWER HAMLETS PAREKtS CE￿￿RE NOTES TO THE FINANCIAL STATEMEI%TS - continued for tbe ear ended 31 Mareh 2024 14. MOVEMENT IN FUNDS- ¢ontinued Premises rental cost To finance the rentsl cost of the centre. Digital inclusion project To deliver ICT classes for women. Study support To deliver study support classes for childffn. Women health matters To provide advice inforn￿￿oTh on health issues. Restricted fimds represeni funds M,hich have bcen given for particular purposes in connection with the provision oladvice. education, training and support in line with the charitys objective5. Unrestricted funds represents funds available to the trustees for the gencrnl purposes of the charity. 15. RELATED PARTY DISCLOSURES There were no relat¢d party transactions lor the years cnded 31 March 2024 and 31 March 2023. 16. FRC ETHICAL STANDARD - PROvISIO￿s AVAILABLE FOR SMALL EIYTITIES In common with many other businesses of our size and nature we use our auditors to assist with the preparation ofthe financial statemenls. 17. AUDITOR LIABILITY LIMITATION AGREEMENT The charity ha5 entered into a liability limitation agreement with RI￿1ngerS LLP. the statutory auditor. in respecl of the stalutory audit for the year ended 31 March 2024. The proporlionate liability agreement follows the standard tern￿ in Appendix B to the Financial Reportin¥ Council's June 2(K>8 Guidance on Auditor Liability Agrttments, and was approved on 21 Octob¢r 2024. 18. DONATIONS 2024 2023 Rowan Benlall Charitable Trust The Worshipful Company of Coopers Archers Trust Souter Charitable Trust Hale Trusl The Albert Trust The Bacihworth Trnst Worshipful Company of Gold and Silver Wyre 250 1.5 2,000 2.000 2.000 2,000 1.000 2.250 9,500 Page21