Trustees’ Annual Report for the period From Period start date To Period end date
Charity name:
Charity registration number:
Objectives and Activities
SORP reference Summary of the purposes Para 1.17 of the charity as set out in its governing document Summary of the main Para 1.17 and 1.19 activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. Statement confirming Para 1.18 whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit
Additional information (optional)
You may choose to include further statements where relevant about:
SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers
Other
Achievements and Performance
SORP reference Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole.
Additional information (optional)
You may choose to include further statements where relevant about:
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Achievements against Para 1.41
objectives set
Performance of
fundraising activities Para 1.41
against objectives set
Investment performance Para 1.41
against objectives
Other
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Financial Review
Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially Para 1.24 in deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern
Additional information (optional)
You may choose to include further statements where relevant about:
The charity’s principal sources of funds Para 1.47 (including any fundraising) Investment policy and objectives including any Para 1.46 social investment policy adopted A description of the Para 1.46 principal risks facing the charity Other
Structure, Governance and Management
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Description of charity’s
trusts:
Type of governing Para 1.25
document
(trust deed, royal
charter)
How is the charity Para 1.25
constituted?
(e.g unincorporated
association, CIO)
Trustee selection Para 1.25
methods including details
of any constitutional
provisions e.g. election to
post or name of any
person or body entitled
to appoint one or more
trustees
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Additional information (optional)
You may choose to include further statements where relevant about:
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Policies and procedures
adopted for the induction Para 1.51
and training of trustees
The charity’s
organisational structure Para 1.51
and any wider network
with which the charity
works
Relationship with any Para 1.51
related parties
Other
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Reference and Administrative details
Charity name Other name the charity uses Registered charity number
Charity's principal address
Names of the charity trustees who manage the charity
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Name of person (or body)
Dates acted if not for
Trustee name Office (if any) entitled to appoint trustee
whole year
(if any)
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Corporate trustees – names of the directors at the date the report was approved Director name
Name of trustees holding title to property belonging to the charity
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Trustee name Dates acted if not for whole
year
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Funds held as custodian trustees on behalf of others
Description of the assets held in this capacity
Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets
Additional information (optional)
Names and addresses of advisers (Optional information)
Type of Name Address adviser
Name of chief executive or names of senior staff members (Optional information)
Exemptions from disclosure
Reason for non-disclosure of key personnel details
Other optional information
Declarations
The trustees declare that they have approved the trustees’ report above.
Signed on behalf of the charity’s trustees
Signature(s)
Full name(s)
Position (eg Secretary, Chair, etc)
Date
Company re8lstration number.. 03691821 CharSty re$istratloh number.. 1073979 Clockhouse Community Centre Association (Greenwich) IA company Ilmlted by guarantee) Annual Repoft and Finanelal 51atements for the Year Ended 31 March 2022 Field Sullivan Llmlted 70 Royal Hlll Greenwlch London SEIO 8RF
Clockhouse Communlty Centre As50clatlon (Greenwich) Contents Reference and Admlnlstrative OÈtai15 2to6 Trustee5' Report 7t08 Independent ExhmSner's Report Staienient of Finantlal ActNltles io Balance Sheet Note5 to the Flnanclal Statements iito22
Clockhouse Communlty Centre Assotlation IGreehwlch} Reference and Administralive Detalls Trusteés Theg Baker Derrlck Barker Émma Jonah Dil.Veer Kan8 Olalekan Karèem Gavln Thomp50n 1073979 harliv Ret15tratlon Number Company AèKlJiiation Number 03691821 The charlty 15 illcorporated in England ènd Wales. Clockhouse Communlty Centre Defiance Walk Woolwlch Dockyard London SE18 SQL FSeld Sulllvan Llmlted 70 Royal Hlll Greenwlth London SEIO SRF Reglstered Offlce Independent ExamSn•r P#ge I
Clockhou5e Communlty Centre Associatlon IGreenwlth} Trustees, Report The trustees, who a¥e directors for Ihe purposes of tompany law, preseiit the annual reporr together wlth the financi31 st8toments of the Eharltable Company lor the year ended 31 March 2022. ObSe¢lfves Actl¥ltles Objects fjndolms To promote the benellts ol the Inhabltants ol the Royal Bortsugh of Greenwlch and ivs emvlroslherelnafter c311ed "the area of the beneflts'l, wlthout diSCTlmlnation in re8ard to gender, sexual orientallon, race or political, religiDus. or other oplnlons by assotlatlne together the sald Ihhabitènts and the local authorities, voluntary and other or8an15atlons in a common Èffect to advance education anl 10 Provide latllities for the recre&llon and leisure tlme o¢cupatlon with the objeit tsf ImpTovlng the condltlon5 of l¢fe for the sald of inhèbitants. To estsbli5h or secufe the es3bllshment of Communlty Centio herelnafttr c&lled 'the CeThtrel ard to bl malnialn and rnanage the sème (whether alone or In tooperarlon wlth any local authority or person oy body) In furtherance ol these objects. cl The Centre should be apoliti¢al and non-sectaflan. Objects oAthe ¢horfty prlnclpol ttctmtlei otyunlsotlon olout work The Clockhouse ex15ts to pr(wide support f¢) the local commuiilty by provlding h311 facllltles for local community groups, Statutory and voluntary organls8tions to hold thelr meetin8s l actlvities, spacè for tralnin8 and educatlonal prpse5- It also provldes community office Spa lor not-for"profit communlty groups and volut)tary or8anlsations. Clo¢khou5e Is based In the one of the poorest parts ol the borougli ol Greenwlch wlth a high percenta8e ol the local populatlon in receipt of we51are benefits, hb numbérs of re¢2ni mi8rahi communitles and a high percentage ol slngle porent farnllles. Many local resldents do not have En8llsh as rhelr Ilrst lanBU3ge. Clockhouse usÈrs f¥om the nearby estate5 s@e the Clockhouse as a place to meet frlends, soclallse and make some connection to others. The Clockhouse funs a weekly Advlce Hub wlth face-to.fa£e meetlngs wlth cllents. Thls Hub ha% helped meet the t)eeds ol hundreds of people who have 5ignilicaDt Issues and conterns about debt management. The Advice Hub Involves key p3rtnershlps wlth external agencles who provlde expert help at)d around Welfare Benefit5, Debt ManaEement, Houslng and Tenancy issye5 and Dornestlc Abuse. Based on the number5 Df ¢llents wè were seelng belDr the lockdown in March 2020 we would antlclpate seelng at least 700 Indlvldtsals annually to help address problems in these areas. The alm of the CCC 15 to fatilitatE the retreatlon or other lei5u¥e time otcupation for the membÈrs of the public ai large, In order to Improve the tondltlons tsf Ille lor those persons maklng use of the faclllties. Clockhouse collaborates wlth several local charStie$ and support a8encle5, some of whom slt on our gove¥nsnce B¢ard5. We have 3 foTn)31 partneT5hip with The Her Centre, a spe¢la115t domestlt vlolence svpport service lor womon and a welfare advice Hub, We work in partner5hlp wlth other 3dvice and servlces, Includlng Greenwl¢h WellaTe 818hts .Greenwlch Housing Rlght5, Cltlzen5 Ad¥icp Bureau and Lewlsham Refugee & Mlgrant Network. Page 2
Clockhouse Communlty Centre Associatlon {Greenwlch} Trustees. Report Publlc ben¢flt The truslees conftrm that they have complled wlth the requlrements OF settion 4 of the Charltles Act 2011 t have due regard tothe publit benefit guidance publlshed by the Charlty Commlsslon lor England and Wale5. Governlng do¢ument5 The Cltsckhouse Communlty CÈntre Associatlon IGreenwlchl 15 8overned by its Memorandum of Associatltyh and Artlcles of Assoclation Is an independent reElstered chaTlty, No. 1073979. The Asyoclatlon Is governed by a management comrnlttee, sever#1 of whlch are group users. They meet every 4-6 weeks to dlscuss any Issuès re8ardlng the runnlng of the Centre and staff, io agree pollcles and make finan¢ial deci51ons and plans. The expertise of the management ¢omrnittee include5 worklng with thildren, youths. the elderly., counselllng, 50C121 work, finan¢e. luhdraising 8nd leg?1 eypertSse. Membershlp ol the Asso¢latioTr is open, irrespective of natlon311ty. religious opinlon, race, colour, politltal oplnion. se¥ual orlentatlon, 8ende¥ or di5abllltv. RecNItMent and appolntment of trustees The managemont of Ihe ch4rlt8ble company Is the rtsponsiblllty ol the Board ol Trustees who are elected and co-opted under the terms ol Artlcle5 of A5soclatlon. The Board of Trustees meets monthl¥ and Is re5ponslble for the stratetlc dlrectlon ènd pollcy of the Charlty. Day to day management of the Ehèritable company is dele8ated to the Centre Mallè8er. Fln8nrlal Rtvlew Ohjectlves undpolkles The charity's activitles èmptrse It to several flnanclal rlsks includln8 credlt risk, cash flow rlsk and Ilquidliv risk. The use of financial derlvatives is governed by the charlly's policles approved by the board of tru51ees. whlch provlde wrlttei) prlncSples on the use ol financl81 der1vatives to manaep these rlsks. The chaiity does not use deTlVatlve Ilnanclal instruments foi speeulatlve purp05e5. rrttns?¢tloM t7ndfln•nrlol PDsltion The Statement of Flnantlal A¢tlvit1è5 wh5ch is set vp on pa8e 9 show5 a deli¢lt for the year ended 31 March 2022 of £14.39512021.. £40,642 surplu51 wlth total resetve5 tarried forward of £182.79412021: E191,0941. Total funds carrled forward E214,33112021.. E228.7261. Detalls ol rnovemenis In fvnds èrè set out in note 15 to tlie aefouhts. Investmentpollty undretuins Under the constlEUtlon, the tharlty has the power to make a#¥ Investmenl whi¢h Ihe trste#S see lit. At present, no lufids have been invested by the trustecs. PagÈ 3
Clockhouse Community Centre Associatlon IGreefiwlch) Tru5tees' Report fteseives The eharSty rtsmmisslon requlre5 charitle$ to determine and explaln thelr poli£y lor free reserves. This has beèn e¥pl8Sned In note 15 to the accounts. Rlsk Munvoemenl The Trustee5 conduet peTltsdlc Teviews ol the major Ilsks to whlch the chaTltable company Is exposed and ensures that the system5 and procedures are èdequ8te to m3naKe those rlsks thai aye identllled to mlnlmlse any potentlal impact on thè tharltablÉ cornpany 5hovld any such risks materialise. To mltlgate the identllled risk5 the board has set aside followlng funds In sepa¥4te bank a¢¢ounts. These lurd$ are earmarked and have merlted desi8nated fund $tat¢J$= al A separate cliefit èCCDunt Is held for long term and affllSattrd users Aetèlner Deposits Irelundod on their teaslng usage of the Centre ond after all outstandlng Involce5 settled). bl A separ3te bènk acco%Jnt l5 held for the e8rmarked'BulldlnES relurblshmEnt Fund5'. The 8oard revlew5 thls annually and decides to transfer part ol )ny surplus each year to thls earmarked fund. Tho trustees actively rovlew thè major risks whl¢h the chailty laces on a regular basis and believe that maintalnlrsg Teserves at current levels, tombined with an annual review ol the controls over key financial SV51ems. wlll provide 5ufflclent resources in the event of adverse £ondiiiofi5. The tru5teÈs are sat151ied that adequate Health and Safety and Risk Assessment pollcles, and Employers and Public Li)blllty insurance arè in ploce. The trustees have also examined other operational and bu5ines5 rlsks laced by the charlty ants con11rm that they have estab115hed 5Y$tems to rnitl8ate any s18nillcant rlsk. Credlt rlsk The charitls prlnclpal linanÈl31 assets are bank balance5 and cash, Irade and other recelvables, arsd Inve5trnents. The charlt¢5 ¢redit risk 15 primBrlly attrlbutable to Its trade receSvables. The omounts presented In the balance shÈet are net of allowènces lor doubtful recelvables. An allowan¢¢ for irnpairmeht 15 mad8 where there Is an Identllied loss event whlch, based on previous experlence, 15 evldence of a reducilon In the recoverablllty ol the cash flows. The credit rlsk (Fn liquid funds and derIvate Ilnanclal Instrument$ 15 Ilmlted becausÈ the counterpartle5 are banks wlth high credSt-ratlnES asslgned by Internatlonal credit-ratlng agencles. The thariiy hès nD 5ignilicant con¢eThtratlon ol Credit rlsK wlth exposure spread oveT a laige number ol counterphrtlÈs and customers. Llquldlty rfsk In older to maintain Ilquldlty to ensure that sufficient funds are avallable for t)ngoing operatlDfiS and future developments, the ¢hariEV USÈS a mlxture of long-term and short.term debt finance. Further de115 regardln8 liquldlty lisk can be found the Staiernenl of accountlng pollcles In the Iln8r>clal statements. P8ge 4
Clockhouse Community Centye A¢t[atIon IGreenwlch} Trustees, Report COVID SUPPORT ANDADVICE 21122 The Clotkhou$e is a tentral hub of ihe local Wotslwich Rlverslde communlty servlng some of the most vulnerablè populations in the area. The Centre Is a particular Ilfellne for groups stjch bs.. the over 60s,' 51ngle parents and Indlvlduals and familiES living in extreme ptsvertv. Covld 19 restrictlons continued up the end of July 2023. Thls rneant the Clockhouse had a period Df 4 monihs IApril-Julyl wl¢hout havfng any room hlre ren(al Income. Qbviously thls had a negatlve Smpa¢t pn our flnances for the remalnder of the year. But 8radually we saw most ol 0r former customers retvrnlnBi albeit some were booking room5 for shorter times and ihèrefore paysn81Èss. by October 2021 our room rental Income had retUTned to where it had boen before Covld and thankfully wlth no lurther Governrnent lockdowns, we had steady aThd conslstent Income. All of the Clockhotjse tenarlts Iwho ¢ontribute approxlmately 20% of our ¢verall Income) have remained in our premlses and their Licence agreement5 have been extended. Thls vote of conlidence was a boost to the Clockhou5e and had an obvlous benellclal effect on our Intoine. We are based ID a locality wlth hlEher th?n 3veraBe levels of soclal deprlvatlofi and soc181 Isol3tlon. Many of the Clotkhouse user-Éroup5 are made Jp ol those aged 65 over, wlih many other5 in réceipt of Unlversal Credit. 37% of Ial regldentg are slngle person housÈholds, while 18% do not have Engllsh as their f4rst languaBe. Many lotal chlldren are ellgible for free sthool meals. So it Is rÈ3sonablÈ to say th2t overall, otjr local populatlon has been dlsproportlDnately impa¢ted by cOd-19. Beln8 acutely aware pf ihese local deMo8raphlc5 WÈ decided to ¢ontlnuE our ffee food programme to help support the most vulnerable residents in our local populatlon. S(> our work offering support and advice to local people ond to PFovidlng food paf¢els to the most vulnerable and the most isolated hBs been sustained. Th15 50tlal care PTogramme h)$ become a crltlc31 part of our overall publlc servSce package and wilh the Cost of Livir8 CTSsls how have 8 detrlmental Impact on so many f8mllies and Indlviduals, It Is something we w511 absolutely be continuin8 to provide. We have cont1rted ro pro$9 fundTaisin8 applications with some 5u¢¢ess. Trustets ènd olli£ers The trustee5 and officer5 serving durlng the year and sln¢e the year end wÈre as follo.. Theo Baker lappolnted 3 May 20211 Derrlck Barker Trustees: Emma Jonah Dll-veer Kang lappolnted 3 May 20211 Olalekan Kareem Thomp50n Pagè 5
Clo¢khouse Community Centre Assoclatlon (Greenwlch) Tru5tees' Report 5t8tementof Trustees, Re$ponsibilltSes The trustees (who are also tlie director5 of Clockhouse Community Centre Assoeiètlon IGreÈnwichl lor the purposes of company lawl are responsible for preparln8 thÈ trustees, reyoft and the linandal statements In accordance with the Unlted Klngdom Acttsunting Standards Iunlted Xlngdom Gener#lly Accepted Accountlng Practlcel and appli£able law and rÈgulèiion5. The report and accounts hove been prepared in ac¢ord3n¢e wlth the provisions in the Companies Att 2006 relatlnB to small comphnles. Company law requires ihe tru51ees t¢ prepare Ilnancièl statements lor each flnaThclal year. Under coMpany18w the t¥ustees rnst not appTove the financlal 5tatemenis unless they 8re sat151ied that they 8ive a true >nd lair vlew ol the State of affalrs of the charitable company and of Sts Incomlng resource5 and appll¢ation ol iesources. Includlng Its incgme and trxpenditure, fDr that pèrlod. In preparln8 these financial statements, the trustees are requlred to- select Sultablo accountlng pollcles and apply thern conslstently,. obseNe the rnethods and priaciples in the Charitles SORP,. make lud8erne#ts and estlmatès that are reasonable and prudent.. state whether appllcable UK Accountlng Standards have been followed, suble¢t to any materlal departures dlsclosed explalned In the linanclal statèments,. and prepare the fnanclal statemen1$ 011 th¢ going concern basls tjnless 51 Inapproprtate to presume that the charltable ttjmpany w511 ¢ontlnuÉ in business. The trustees are respoTrsible for keeping adequ•re att¢untln8 records that are 5uffltleni to show and explain the charltablp company's transartlon5 and dSsclose with rea50#able accuracy at any time the flnancial posltSon of the charltable company and enable them lo en5UTe that the Ilnanclal sratements comply with the eon3panles Art 20D6. They are also responsible lor safeEuardinÉ the asset5 01 the ch8rltable company ènd hence lor taking reasi>nable Steps for ihe preventlon and detectlon of fraud and other Irregularlties. Small companles prwlslon statemehi Thls report has been prepared in accordafi wllh the small ttsmpanlES reglme under the Companies Act 200É The annual report wo$ approved by thÈ trustee5 of the tharlty on 19 Janvary 2023 and signed on its behalf by Emma Jon$h Trystee Gavln Tho P50n Chalrm3n artd Trustee Page 6
clockhouse Communlly Centre Assoclatlon {Grevnwichl Independent Examiner's Report to the trustees of Clockhouse Communlty Centre A550clatlon (Greenwlchl I'the Company") I report to the £harity trustees Iwho are also Dlrectors for tho purpose of company lawl rny examlnatlon ol the acco1$ ol the Clockhouse Communlty Centre Associatlon IGreenwi¢hl I'the charltèble company'l lor the year ended 31 March 2022 which cornprise the Statement of FSnaficial Actwitles. the Balance Sheet and related otes. 9 22 Thss report Is made solely 10 the ¢harlty'S trustee5. as a body, In accordance wlth 5ectlon 145 01 the Chailties A£t 2011. My work ha5 been undertèken $0 that I mlEht state to the charlly's trustees those matters l am iequired to state to them in thi5 report and for no other puipose. To IhE fullest extent permitted by law, I do not occept or assumt responsibllFky to anyone other than the charlty and the charity's trustees as a bodyi foi my work, lor this report. or for Ihe oplnlons I have formed. Re$ponslbllltles And basls of report As the ¢h8rity'S trustees of ClockhousÈ CornmunSty Cefttre Assoclatlon IGreenwl¢hl you are responslble for the preparation of the accounts in accordance wlth the requlremonts ol the Comp#nles Act 20061'the 2006 Act'l. Havlng satisfied meI that the accounts ol Oockhouse Community Centre Asstsciaiion (Greenwlchl are not requlred to be audlted under Part 16 01 the 21x6 Act and ale ellglble for Independent examination, I rÈpoft In respett of rny examination of yourcharlty's aicounts a5 carried out under 5e¢tion 145 of the charlties Act 2011 I'the 2011 Act'l. In carlying out my examingtloTh I have followed the Dlrertlons gfven by tht charlly Commission under sectlon 14515llbl ol the 2011 Att. An Independent examlnatlon does not Involve g8iherln8 all the eviden£e that would L7e requlred In an audit and tonsequently does not cover èll the motters th?t an auditor Considers In Élvlng their oplnion on the rinancial statements. Th& pl2nnin8 3nd conduct ol an audlt goes beyond the limited assurance that an independetlt exatnlnation can provlde. Conseouently l express no opinlon a5 to whether the finan¢lal statemenis present a 'irue and lalrf view and my rèport Is limlted to those specific matters set out sn the Independent vxaminer's statement. lThdtpefident gmamlrterfs Statemvht Since Clotkhouse Communlty Cenire Association IGreenwithl's Bfoss Income exceeded £250,000 your examlner must be a member of a body listed In section 145 01 the 2011 Act. l conllm that l am quallfled to undertake the examlnation because l arn a membw ol ICAEW, whith15 one of the Ilrted bodles. I have completed my examlnation, I confim th31 no matter5 have come to my 3tteNtion in connectlon wlth the examin8tion givlDg me ¢av5e to belSeve'. l. actounting records werÈ not kept In respect of Clockhouse Communlty Centre Assoclatlon IGYeenwlchl as requlred by sectlon 386 01 the 26 Act,. or 2. the accounts do not a£¢oTd with those rÈcord5,' or 3. tho accounts d? not comply wlth the actountlng requirements of sectlon 396 01 the 2006 Act other than ahv requlrement that the accounts 8lve a'true and fèlr vléw, whlth15 Tlut a matter con51dered #s part ol an IndÈpendent ex)minailDn', or 4. the accounts have nDt been prepared In accordance wlth the method5 and prlnciple5 01 the Statemert of ecommended Pracrlce for accountlng ar4d reporlinB by Charifies 3ppllcable to ¢harltTÈS preparing their actounts In a£cordance wlth the Flnantlal Reportln8 Standaid appll¢able in the UK and Republlc of Ireland IFR$ 1021. Page 7
Clockhouse Communlty Centre Assoelatlon (Greenwlch) Independent Examiner'5 Report to the trustees of Clockhouse Communlty Centre Assoclatlon (G¥eenwlchl {"the Companv") I have no Concerns and have Come acro55 no othEr matters In connectlon wlth the èyamlnatlon to whlch attention should be drawn in hls rewrt In order to enable a proper iindersiandln8 ol the accounts to be reached. TIM Sulllvan Field Sulllvan timited 70 Aoyal Hill Greenwlch London SEIO 8RF Date.. Pa8e 8
aockhouse Community Centre Assoclation (Greenwlch) {Reglstratlon number: 036918211 Balance Sheet as at 31 March 2022 2022 2021 Note Flxed assets T3nglble asset5 li 31,537 37.632 Current assets Debtors Ca$h at bank and In hand 12 31,553 166.956 16,280 188,12S 13 198.509 204,405 Credltors: Amouhts falllng duv wllhln one yeai 14 115.715 113,3111 Nt ¢uYYent assets 182,794 191094 Net assets 214,331 228,726 Funds of the ¢harltv.' Resttted Income furtds Restcted funds 1,000 Unre5tArted Inrom fund$ unrestricted funds 213.331 228,726 Yotal funds 15 214,331 228,726 For the Ilnancial yÈar endlng 31 March 2022 the tharltv Wa5 èlltltled to exemptlon from audli under sectlon 477 of thÈ Companles Act 2006 relating to small companles. Directors, responslbllltles.. The members have not requlred the charlty to obtaln ao audll of its a£counts for the year In questlon In accord3nce wlth sectlon 476,. and The dlfector$ 8¢knowledge thÉlr responslbllltles fo¥ complwn8 Wlth the requlrements of the Act wlth respect to ai¢ountln8 records and the prepaTatto# of accounts. These fSnanelal stalements have been prepared •c¢ordan¢e with thè spe¢lal provlslons rplatlnB to ¢ompanles sublect to the small ¢ompanles Ieglme wlthln Part 15 of the Companle5 Act 2006. The IlnaThclal statements on pages 9 to 22 wère approved by the trustÈés, Ind authorlsed for Issue on 19 January 2023 and signed on ihelr beh8lf by.. Emma Jonah Trustèe Gavln Thts pson Chalrman and Triistee The notes on pa¥p5 11 to 22 form an Integral part of these flnanclal statements. Page 10
Clockhouse Community Centre Assoclation (Greenwlchl Notes to the Financlal Statements for the Year Ended 31 March 2022 I Ch•tlty statu$ The chwrlty Is limited by ¥uarantee, Incorporated irs England and Wales, and ¢on5equently does not have share cJpllal. Each of the tIU5tee5 Is Ilable to contribute an amounl not exceedlne Él towards the asset5 of the Charity in the event of liguidation. The addiess ol Sis reglstered office Is.. lockhouse CommunSty CeThtrÈ Otflance Walk Woolwlch f)ockyard London SE18 SQL These linan¢lal statements were authorised fo¥ issue by the tfUStee5 on 19January 2023. 2 A¢¢ountln% pollcles Sutrsmary of slgnific4nt pccountlng poll¢les and key aEcounting estlmates Thè prlnclpal accounting politles applled In the prepJrailon ol tse financial Statements are sel Oilt below. These pollcles have been conslstently applled to all the years presented. unless otherwt$e ststed. Statement tyf tompllanco The Ilnanclal statements havè bÉen prepared in accordance Accountlng and Reportlng by Charltits.. Statement of Recommended Practice applicable to chaTltle5 prep3rin8 their actounts In accordance wlth the Flfianclal Reporllng Sthndard 3pplSc3ble in the VK and Republlc of Ireltnd IFRS 1021 leffectlve J lanvary 20191 IChar5ties SORP IFRS 1021- Second edltion October 20191, the FlnanciJl Reportine Standbrd appllcable sn the UK and Republlc ol Ireland IFRS 1021. They èlso comply with the Compènles Act 2006 and Charltle5 Ad 2011. asls of preparation Clockhouse CDmmunlty Centre Assoclatlon (Greenwlchl mEets the delir*ition of a public benellt entlty under FRS 102. Assets and Ilabilities gre initlally recoEnised at htstOTlcal t05t or transa¢tlon value unle55 Otherwlse 5t3ted in thp felÈvant accountlng policy notes. Golng concèin The trvstees conslder that there are no materièl uncertalntles 3boui the ¢h3rlty'5 ablllty to tontlnue as a goln8 concern nor any slBnificafit 3reas of uncertainty that afFect the carrylng value tsf assets held by the charity. Exemptlon from preparln8 a cash flow statement The charlty opted to early adopt Dullelln I published on 2 February 2016 and have therefore not Included txsh ftow statement these fSn3ncial stalem¢nt5. Page 11
Cloekhouse Communlty Centre Assotlatlon (Greenwlchl Note5 to the Flnantlal Statements for the Yoar Ended 31 March 2022 Judgements Bnd key sources of estimatloh uncertalnty In the 3pplScatio# of the cl)arlty's atcountlng pollcle5. the direttos are requlred to rFiake ludeements, estimate$ and assumptions about the carrylng amount ol assets and liabllltles that are not readlly 8pp8rent From other source5. The e5tlmates ènd assoclated a55umptlons are basÈd on hlstorital experlente and other f8¢tors that are consldered to be relevant. Actual results may differ from these estim2re5. Tho ostimates and underlylng assumptlons aTE fevlewed on an ongolng bas15. Revl3lons to accDunting estlmates are recognised In the kierlods whlch the e5timaie ¢5 revlsed where revi51ons affetts only that period, or in the period of ihe revlslon and future perlods where the revi51ons affects both current and future periods. Income and endowments All income Is reco8nlsed once the tharlty has eTrtltlement to the Income, It Is probablé that the Income wlll be rerelved aDd the amount ol the Inwrne recelvable can be measured rÈliablv. Dwitttlonsohdleuocles Donatlons are recognlsed when the charity has been noillled writin8 ol both the arnDVDt and 5ettlemeftt d3te. In the event that a donation Is subjecr to £ondltlons that requlre a leve1 gf performHnce by the charity before the charity is entltled to the funds, Ihe Income Is dèferred and not iecognised untll either those coiidilions are lully n)et, or the fulfllment of those condltlon5 is whplly wlthln the contfol of the chaiity and It Is pobèble that these ¢ondllons wlll be fulfilled in the reporting perlod. Gmnts re¥#ble fjrant5 are ¥Ècognised when the chaTlty has an entitlement to the funds and any condltlo#s Ilnked to the grants have been met. where performance conditlon5 are attachEd to the grant and are yet to be met, the Income Is recogni5ed as è Ilablllty aAd ID¢luded on the balonce sheet as deferred Income to be released. IRvesithehtln¢offte Olvldènds are recoBn5sed once the dlvldÈnd has been declarod and notlllcatlon has been recelved of the dlvidet)d due. Empemdlture All expenditure Is recognlsed once theTtr Is a leÈal or construttivÈ obllgatlon to that expenditure. Itls probable Settlement Is required 3Jd the amount can be rnedsured rellably. All costs are allocated to the applicable expendlture heading thai aggregate slmllar costs to that Lategory. Where costs cannot be directly attrlbuted to p&rti<ular headlngs they have been allocated on ? bè51$ con5I5tent wlth the use of resources, wlth ceAtro15taff Costs a11otated on the basls of tlme spent, and depreclatSon charges allocated on the portlon ol the ksset's use. other support cost5 #re allD¢ated based on the spread of stalf tosts, Ch&rltuble #ttlvltle5 CharStable expendltuie compFlses those c05t5 Incurred by the charity in the dellvory of Its acllvitles and servlcÈs for Its bÈnellclaTIÈS. It In£ludes both costs that cali b¥ allocated dlrectly to such actlvitSes and those costs ol an Indlrect nature necessary to support thèm. Page 12
Clockhouse Communlty Centre Assoclatlon (Greenwich) Notes to the Financlal Statements for the Year Ended 31 March 2022 Grttntprovlslons Provlslons for grants are made when the Intentlon to make a grant has been communl¢8ted to the reclplent but there Is un¢ertalnty about elther the tlmlng ol the grant tsr the amount of Efant poyable. Support tosts Support costs include central functions and have been allorated tts activlty cost tategorles on a basls conslstent With the uso ol resou¥tes, for example, èllocatln8 property costs by floor a85, or per <aplta, Staff costs b¥ the tlme spent and other costs by thelr usage. Governmont grahts Goveriimertt grants are recognised b05ed on the accrual model and are measuréd at the lair val¢Je of ihe asset re¢elved or recelvable. Grants are classilted as relatin8 elther to reTrue tsr to 4s$Èts. Grants relat1418 to ievenue are vècognised In In¢orne over the period In whi£h the related costs ère recognised. Grants relatlng to assets are recogni5ed oveF the expected useful Ille ol the as1. Where part i)f a grant relating io an asset 15 deferred, It Is recognlsed as deferred Income. Tamatlon The ehartty Is con51dered to pass thÈ tests set out in Pa¥a8raph 1 schedule 6 of the Flnance Act 2010 and theiÉforo It meets the definitlon of 3 charitable company for UK corporatlon tax pufposes. Accordlngly, the ch8rlty 15 Potentlally exempt fron) t?xatlon In r25pect of Incorne or capital gaihs received within cotegorles covered by Chapter 3 Part 11 gf the Corporation Tax Att 2010 or 5ectlon 256 of the TaKat1on of Chargeable Galns Act 1992, to the extent thèt such Income orga5ns are applied ex¢lusIve to charitable purposes. Tanilble Ilxed assets Individual flxed 35set5 COStlng £500.00 or mDre are Inltsally recorded at cost, less any s¥bsequent accumulated depre¢iatlon and subsequent actumulated Impairment losse5. Depreclaii)M and amortisallon Depretiatlon Is provlded on tanglble flxed assets so as to wrSte off the cost or valuatlon, less 3ny e5tlmated residual value, over thelr expectEd L15eful economit Ille a5 follow5.. Asset class Fuinlture and Èqulpn)ent Play8r?und Depreclatlon m¢thod and r4t• 25% Teduclng bèlance IO% str3ight line Trade debtors Trade debtors Ère amount5 due fiom customers for merchandlse sold or sewlces performed In the ordlhary course of bu51ness. Trade debtors ale recognlsed initially ot the transactlon prlce. They are subsequently measured at amortlsed Cost using the eHe¢tlve interest method, les5 provi51on for imp31rment. A provlsl?n for the ImpalrmeTht of trade debiors is estabI15hed when there Is oblettlve evldence that the chartty wlll not bp able to collect all am0t$ due actordln8 to the or*gl#81 terms of the receivable5. Page 13
clockhouse Communlty Centre Associatlon {Greenwlch) Notes to the Flnanclal Statement5 for the Year Ended 31 March 2022 Cash and cash equlvalenls Cash and cash equlvalent5 comprise cash on hand and call dep055tS, 3nd other short-teTrn highly lIqId inveslments that are readlly tonvertlble to a knowp amount ol cash and are subject tts 3# Insl8nlficant ¥15k ol chan8e lfi value. Trade trédltor$ Trade credltors are Dbllgatlons ro pay lor goods or servlcÈs that have been acqulred in the ordlnary tourse ol buslne55 from suppllefs. Account5 payable ale classlfled as current Ilabllltles il the ¢harlty does Dot have an unconditional rlght, at the end ol the reportln8 perlod, to defèr settlement ol the cfeditor for at least twelve months after the reportln@ date. 11 there 1$ aTh uncondltional rl8ht to defer setilement for at teast tWElve months after the repon8 date, they are presented as non-current liabilitie5. Trade creditors are rei(18nlsed initially at the transaction prlce and subsequently measured at amortlsed ¢ost usin8 the effective Interest method. 8orrowlnlls Interesi-beaTlnB borrowln8s are InltlAlly recorded at fèlr value, het ol transactlon costs. Ihtèrest-bearlng borrowlngs ère SubSeqentlY cartied Ht amort152d cost, wlth the difference between the proceeds, n¢t ol rransattlon costs, and the amount dLe on redemptlon beinE recognlsed a5 a ¢ha¥Be to the Statement of Financial Actlvltles over the period of the relevant borfowing. Interest expense Is recognlsed on the bas15 of the ettectlve Interest method and Is lftcluded In intefest payable and similar ch8rges. Borrowings are Ilassllled a5 current IlabllSt1es unless the tharlty has 8n uncondltlonal right to defer settlement ol the Ilabiiity for at lea51 twelve months after the reportlng date. Fund stYuttur¢ Llnrestritted Incorne fufids are gener31 fuad5 that are available for use at the trustees dlscretlon in lurther¥n of the obie£tivÈs olthe ¢h8ritv. Deslgnatod funds are unrestrlcted lund5 set aslde for specilit purposes at the dlseretlon of thé trusi¢es. Restricted iniome funds ore those donated for use In a partlcular area or for specific pupos¢s, the use ol whith Is restrlcted to that aTeè or pulpose. Penslons and other post i<tlrèment obllgatlons The charlty operates a defined contribution pen51on scheme whlch Is a pen51on plan under whlch flx¢d ¢ontrSbutlons are paid into a penslon lund and the charlty hès no leeal or ronsÉru¢tlve obll8ation to pay further tonlrlbutlons evèn il thp fund doe5 not hold 5vfficlent a55ets to pay all employees the benefit5 relating to employee Serv$ in the current and prlor periods. Contributions to deflned ContribtIOn plans are rÈcognlsÉd In the Statement ol FlnancSal Artivitles whett they are due. If coTrtrlbutlon payments exceed ihe contrlbution due lor 5ervlce, the excess Is re¢o8nlsed a5 è prepayment. Page 14
Clockhouse Communlty Centre Assoclatlon {Gfeenwlchl Notes to the Flnattcial Statement5 for the Year Ended 31 March 2022 3 In¢om¢ from donallons and legacle5 Unr•5tflcted Total 2022 Totsl 2021 General Re5trl¢ted Donattons aThd legacie5,- Appeals and donations Donated goods and SeNiS Grants, Including capltal grants; Royal BL¥rough of Greenwlch- Coronavlrus BuslnÈss Suppor MMRC- Job retentlon scheme Gr)nrs- other agencies Royal Borough of Greenwlch The London Communlty Foundèt5tsn 306 306 2,086 6,150 16,000 9,199 16,OCQ 9,199 42,238 145,355 325 45.000 45,0 45.000 45,ilXI Martin Le5 Coronavlrus Emer8&nry Fund Royal B¢rDu&h of Gre¢nwlch- Greehwich Nelghbourhood Growth Fund IS,0 25,CQO 25,0 17,504 Royal 8or¢uBh DI Greenwl£h- wlnier grani lottery- Awards for All The Mer¢Èrs Company 6,000 10,000 6,000 iO,OLL> 35,OCH) 35,000 7.500 41,50S 105,000 146,505 226,158 Pagè IS
Clockhouse Communlty Centre Assotlatlon (Greenwlch) Notes to the Finan¢lal Stètements for the Year Ended 31 Mayth 2022 4 Income from ¢horltgble artlvliies nrestrltted Total 2022 Tot41 2021 General Affili8tlon lee5 storage lees Rental income 1,120 1,120 240 105,614 11,4B7 37,571 505 105,614 11,487 37,571 505 41,202 721 Other Income Contractual 5ncome FestSval income 24,464 156,297 156,297 66.627 5 Investment Income Uniestrl¢ted funds General Totsl 2022 Total 2021 Interest receivable and slmllar Income,. Interest re1¥able on bank dÉposits 77 77 127 6 ExpondltuY4 00 tharltable artlI1e$ Total 2022 Tolal 2021 Note Food dl5tr1btIOTh Hub Event and equiptntnt Cale project Charltable donètlorss Depred3tlon, amortlsatlon and other slmilar cost$ Grant fundlng of actbvities staff cos15 4,740 5.929 3,334 loo 7,595 62,000 201,213 32,363 8.870 568 107 9,044 17,500 182,746 33,435 5ttpport costs 317.274 252,270 Page 16
Clockhouse Communlty Centre Assoclatlon lfjreenwlch} Notes to the Flnanclèl Statements for the Year Ended 31 March 2022 7 Analy51s of support costs To¢al 2022 Total 2021 Tr31ni 360 Cleanln8 4,923 8,776 1,416 1,404 3,176 738 4,096 8,557 1,093 2,591 1,591 1,549 1,481 Insuiance Repalrs and molntenaJ¢e Telephone and fax Cornputer software and maintenance Printlne, postage and sratlonery SuhdTIès C05t of tfustee meetlngs Marketin8 Independent examiner Legal and professlonal gad debts wrltien off 2,718 238 75 666 3.180 2,731 1,472 418 72 206 2.988 10,267 11.3211 277 6ank cha¥Bes Trade subscriptSon5 32,363 33,435 8 Trusteeg remuD*fallon and expenses No trustees, nor any persgns con#tcted with them. have recelved any remuneTation from the ¢harfty during the year. No trustees have recelved any relmbursed expenses or any other befief5ts from the charlty durlngthe year. Pa8e 17
Clockhouse Communlty Centre Asso¢latlon (Greenwlchl Notes to the Flnancial Statements foy the Year Ended 31 Maych 202Z 9 Staff ¢tyst5 The 08£rÈgate payroll ¢t5 were as follows.. 2022 2021 Staff ¢ost5 durlr*8 thE yÈar were: Wages and salarie5 Soclxl security costs Pension cos15 185,110 10,835 s,iii 157 169,546 8,274 4,926 other staff tosts 201,213 182,746 The monthly averagE number of persons Ilncluding senior mafiagement I leadership team) employed by the charity dutlng the year expressed a5 full tlme eqylvalents Was as follows.. 2022 2021 No io Charltable #¢t6vltlés 612021 . 61 of the above employees partSclpatEd in the Deflned Contrlbution Penslort Schemes. No employee recelved eo1MentS of more than E60.000 durSng the year. The ManaBer, as the highest pald member of statf, received benelitg totalllng £33,96212021 £33,799>. 10 Taxatlon The charlty Is a re8lstÈred charity ènd Is the¥efore Èxempt from taxation. Pèee 18
Clockhouse Community Centre Asso¢lation (Greenwlchl Notes to the Financial Statements for the Yeir Ended 31 Marth 2022 11 Tanglbl• Ilx•d asset$ Furniiure and •4ulpmeMt Playground Tot41 At l Aprll 2021 Addltlon5 179,220 1,499 17,S06 196,726 1,499 At 31 March 2022 180.719 17.506 198,225 DÈp¥ètlatltsn At l Aprll 2021 Charge for the year 157,342 5,844 1,751 1.751 159.093 7.595 At 31 March 2022 163,186 3,502 166.688 Net bi>ok valye At 31 March 2022 17,533 14,004 31,537 At 31 March 2021 21.878 15,755 37.633 12 Debtors 2022 2021 Tr8de debtors 26,417 1,077 4,059 5,366 1,496 7.139 2,279 Pfepayments Accrued Ihcome orhér debto¥s 31,553 16,280 13 C¥sh and cash equlvolent5 2022 2021 Cash on hand Cash at bank 2,619 164.337 56 188,069 166.956 188,125 8ank overdrafts 118 Cash and cash equiv)lÈttts In statement of ¢ash flows 166,956 188,107 Pa@e 19
Clockhouse Communlty Céntre Assoclatlon IGreenwlchl Notes to the Flnanc131 Statements for the Year Ended 31 March 2022 14 Credltors: amounts lalllng rlue withln orte year 2022 2021 Bank overdrofts Trade creditor5 OthÈr creditor$ 18 1.341 9.588 4,7È6 1,752 8,823 2,718 Accruals J5,715 13,311 15 Vunds (rrent perlod Balance #t I Aprll 2021 Incomlng resources Resouyces eypended Balance at 31 March 2022 Uhrtstrlrted Generul Gener31 Fund5 104,212 197,879 1213.2741 88,817 De¥ted Bulldln85 relurb15hmpr¥t fund Contlngecy & equipment lund 83.156 91,358 33,156 91,356 124,514 124.514 Total unrè$trlrted 228.726 197,879 1213,2741 213,331 Restrlcted Thè Merc2rs Company Royal Borough of Greenwlch Greenwich NeSghboufhood Growth Furkd 35,C 45,OLN) 135,01)01 145,0(N)I Is,000 124,0001 1104,0001 1,000 105,000 1,000 Total funds 228,726 302,879 1317,274 214,331 Page 20
Clockhouse Community Centre Associatlon IGreenwl¢h) Notes to the Financlol Statements for the Year End¢d ai March 2022 PTe¥lous perlod Balance at I Aprll 2020 Re50urces expended Bal8D¢e at 31 March 2021 r¢styur(es Unre$tYlded 6eneMI General Funds 59,570 162,908 1118,2661 104,212 Desl¥noted Bulldings relurblshment fund Contin8ecy & equipment fund 33,156 91,358 33,156 91,358 124,514 124,514 228.726 Toial unre5trlrted 184,084 162,908 1118,2661 Restylrttd The Mercers Company Royal Borough of Greenwich Covid-19 Funding Greenwlch Nelghbourhood Growth Fund 7,500 45,000 60.000 Ill,5001 145,0001 160,0001 J7,504 117,5041 1134,0041 4,000 130,(XM Total fufftds 188.OB4 292,912 1252,2701 228,726 The 5peclfic purpose5 for which the funds are to be applled are as follows.. The Merce¥5' Company- fynds f?r' The Learnlnu and Llving Hb, a tralttlng and advlc¢ centre, project. Royal Borough of Greenwich funds supportlnB the provision of community hub5 th3t effectlvely eneage wlth the relsdend5 01 the nelghbourhood and ihat woik partnership to better respond to the needs of local fEsldends that they are set up to se¢ve. Greenwlch Nel8hbourhood Growth Fund funds iecelved fiom Roy81 Borough ol G¥eenwi¢h as part of Iht Grenwlch Netghbourhood Growlh Fund to replace old kltchefi equipment in the calÈ and make bulldlng Improvements al NÈW Chaclton Communily Centre Assocl8tlon. PaÈe 21
Clockhouse Community Centre Asso¢iation (Greenwlchl Notes to the Financlal Statement5 for the Year Ended 31 March 2022 16 Analy$ls of net aM¢ts between funds Current perlod Total funds at 31 Marth 2022 UnrestYl<ted fuhds General D¢sl8nated Restrl¢ted 31,537 198,509 115.7151 Tangible fixed assets Current assets 31.537 72.995 115,7151 88,817 124,514 1.000 Tot81 nei a55ets 124,514 1,000 214,331 Pitvlous period Totèl funds pl 31 March 2011 Unitstrirted fund$ Genergl Doslgnated Tanglble flxed &sset5 Current 4ssets Current liabi1Stles 37,632 79,891 113,3111 104,212 37,632 204,405 113.311 124,514 124,514 228,726 Total et as5e¢s 17 Covld The negatlve of Covld 19 contillued to impact on the Clockhouse Income with no groups belng able to return to our premlses until the government announced an end to meetln8 restrirtlons ol July 2021. Thls meant the aockhouse had 4 months ol the last linanrial year where we had no room hlTe rental Income. By the end of July whon we were welcomin6 back 8foLPS, we no Songer hèd any staff on fuilots8h. 11 15 Worth notirsK that up to the end of July even though the bulldlng wa5 not open for 6roups for hlre, staff and volunter5 continued to en8age In a free food proeramme and a number of the tenants returned tD work I the premises. During the year tho company reeelved £9,19912021.. £45,355] of lob RetEntlon stheme grar*ts, £12.00012021.. £25,000) of Small BsJsiness Support grant and £4,00012020..£17,2381 of Rétall, H05pltality and Lelsure grant. Ph8e 22
CLOCK ous Community Centre IDatel Dear Sirs We confimi that the following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience and, where appropriate, of inspection of supporting ocumentation, sufficient to satisfy ourselves that we can propedy make each of the following representations to you, in connection with your examination of the charity's financial statement5 for the year ended 31 March 2022. We acknowledge, as trustees. who are also dirertors for the purposes of company law, our collective responsibility under the Companies Act 2CQ6 for presenting financial statements, which 8ive a true and fair view and confirm that we have approved the financial statements for the year ended 31 March 2022. We also acknowledge our responsibility for makin8 accurate representations to you. All the accouniing records have been made available to you for the purpose of your assignment and all the transartion5 undertaken by the charity have been properly reflected and recorded in the accountin8 records. All other records and related information, including minutes of all trustee and management meetin85, have been made available to you. We confirm that the charity is eligible for an independent examination of its financial statements, and that there are no circumstances which we Should draw to your attention which would invalidate this eligibility. We acknowledge that the work performed by you is substantially less in scope than an audit performed in accordance with International Standards on Auditing IUKI. We confirm that the accountin8 policies and estimation techniques adopted for the preparation of the financial statements are the most appropriate to the circumstances in which the charity operates. All grants, donations and other incomin8 resources. the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions during the period in the application of such incoming resources. The following endowments and restricted income grants, donations and income from charitable activities were received durin8 the period.. The Mercers, Company Royal Borough of Greenwich Royal Borough of Greenwich- Neighbourhood Growth £35,C(M) £45.CrfJ) £25,(LY) Otherthan those disclosed in the financial statements we are not 3ware of any material liabilities, provisions, contingent liabilities, contingent a55ets or contrarted for capital commitments that need to be provided for or disclosed in the financial statements. Defiance Walk. Woolwich SEI 8 SQL 0208 855 7188 ClockhousecommunilycentreChotmail.co.uk
The CLOCK ous Community Centre The charity has satisfartory title to all assets and there are no liens or encumbrances on the charity's assets except as disclosed in the notes to the financial statements. Other than those disclosed in the financial statements, the charity has not entered Into any transactions or has balances outstanding invofvin8 trustees, officer5 or other related parties. which require disclosure under the law or the financial reporting framework adopted, including the Charities SORP. If relevant, appropriate disclosure has been made of the control of the charity- We acknowledge our responsibility for the design and implementation of internal controls to prevent and detect error5 or fraud. and have disclosed to you the results of our assessment of the risk that the financial statements may be materially misstated as a result of fraud. We are unawère of any irregularities, including fraud and su5perted fraud, involving management. employees or others who have significant roles in internal control, or those employed by the charity where the fraud could have a material effect on the financlal statements. No allegations of such irregularities or breaches have come to our notice. We are unaware of any breaches or possible breaches of statute, gUlatiOns. contracts, a8reements or the charity's constitution which might result in the charity suffering significant penalties or other105s. No allegations of such irregularities or breaches have come to our notice. We confirm that the charity has had no non-routine communication with Charity Commission durin8 or since the perlod of which you are unaware. io We have reviewed the affairs of the charity and confirm that no income Is subject to Income or capital gains tax. We have also reviewed the VAT treatment in relation to contractual services provided by the charity and confirm that VAT has been Cor(tIY accounted for. li The financial statements have been prepared on the golng concern basls as we believe that adequate cash resources will be available to cover the charity's requirements for working capital and capital expenditure for at least the next twelve months. We are not aware of any other factor5 which could put into jeopardy the chaTiVs goin8 concern status during or beyond this period. 12 There have been no event5 since the balance sheet date which necessitate revision of the figures included in the financial statements or inclusion of a note thereto. Should further material events occur, which may necessitate revision of the figure5 included in the financial statements or inclusion of a note thereto. we will advise you accordingly. 13 We confirm that the charity has adequate procedures in place to identify intangible income and all intangible income has been appropriately valued and included in the financial statements. 14 We confirm that the trade debtors balance at the balance sheet date was £26,417 and that all debtors owing have been received post year end. 15 We confirm that the staff costs as appended in Appendix A have been correctly classified and allocated in the accounts. 16 We confirm that we held £2,609 in cash at 31 March 2022 which was deposited into the bank tkfiance Walk, Woolwich SEI 8 SQL 0208 855 7188 clockhousecommunitycentre@hotmail.co.uk
The CLOCK ous Community Centre account after the year end. 17 We confim that all bad debts listed on appendix B have been correctly recognised in the accounts. 18 We confirm that the restricted expenditure in the year ending 31 March 2022. is correctly shown in note 15 of the accounts. 19 We confirm that we held £8.092 as deposits from tenants at the year end. Yours faithfully INamel Signed on behalf of the board of trustees Defiance Walk, Woolwich SEI 8 SQL 0208 855 7188 clockhousecommunitycentre@hotmail.co.uk
The CLOCK ous Community Centre Appendlx A Staff Salaries Total Payments Employee Michael Ball Tammy Hollick Kevin McBrien Flora Mkini Samuel Morrison Ana Maria Nicolaescu Frederic McDonald Justin Dishart Robert Lewis 15,1 12.662 33.962 13.255 26,682 25.379 14,896 17,010 26,043 .070 Total Defiance Walk. Woolwich SEI 8 SQL 0208 855 7188 clockhousecommunitycentre@hotmail.co.uk
Tl- CLOCK ous Community Centre Appendlx 8 Bad debt provlsion Bromley* Lewlsham & Greenwlch Mlnd Cr055over Chapel Int Ixlon Holdings JINO Organlsatlon OVO Energy Prlvate Shlne 015aam 27.1Kl 70.IX) 45. 1.877.63 245. -282.15 -8.22 1,884.26 Defiance Walk, Woolwich SEI 8 SQL 0208 855 7188 clockhousecommunitycentre@hottnail.co.uk