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2021-03-31-accounts

Katherine Low Settlement Limited Registered Charity Number 1081248 Registered Company Number 03814833

ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES

FOR THE YEAR ENDED 31[ST] MARCH 2021

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

CONTENTS

REFERENCE AND ADMINISTRATIVE DETAILS ................................................................................ 3 REPORT OF THE TRUSTEES ........................................................................................................... 4 REPORT OF THE INDEPENDENT AUDITOR ................................................................................... 28 STATEMENT OF FINANCIAL ACTIVITIES ...................................................................................... 32 BALANCE SHEET ……………………………………………………………………………………………………….…….…….. 33 CASHFLOW STATEMENT AND NOTES ........................................................................................ 35 NOTES TO THE FINANCIAL STATEMENTS ................................................................................... 37 RESTRICTED FUND – LOVE TO LEARN PROJECT ......................................................................... 48 RESTRICTED FUND – ELDERS PROJECT ....................................................................................... 50 RESTRICTED FUND – ESOL PROJECT ........................................................................................... 52 RESTRICTED FUND – KLS LIFT AND BUILDING FUND .................................................................. 53 RESTRICTED FUND – WOMEN’S MENTAL HEALTH PROJECT ..................................................... 54 RESTRICTED FUND – CORONA VIRUS ANGELS ........................................................................... 55 RESTRICTED FUND – BATTERSEA VOLUNTEER PROJECT ............................................................. 56

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity Number 1081248
Registered Company Number 03814833
Registered Office Katherine Low Settlement
108 Battersea High Street, London SW11 3HP
Tel: 020 7223 2845
Email:aaron@klsettlement.org.uk
Web: www.klsettlement.org.uk
Twitter:@klsettlement
FB:www.facebook.com/katherinelow.settlement
Insta:www.instagram.com/katherinelowsettlement
President Reverend John Wates, J.P., M.A., O.B.E.
Vice Presidents Jennifer Anderson
Margaret Robson
Trustees Ben Thomas Chair
Abigail Cable Vice Chair
Nicholas Stopford Hon Treasurer
Rev. Canon Simon Butler
Lucy Elphinstone
Geoff Thomas
Martin Alcock
Dr. Sarah Swash
Chief Executive Aaron Barbour
Bankers Charities Aid Foundation (CAF)
Auditors BDA Associates Ltd
Statutory Auditor
Chartered Accountants
Annecy Court, Ferry Works, Summer Road,
Thames Ditton, Surrey KT7 0QJ
Solicitors Rodgers and Burton
179 Upper Richmond Road West, London SW14 1DU

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

The Trustees, who are also the directors of the charity for the purposes of the Companies Act 2006, present their annual directors’ report with the financial statements for the charity for the year ended 31[st] March 2021. The Trustees 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 102 (FRS102) (effective 1 January 2015).

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Katherine Low Settlement is an independent charity and is registered as a company limited by guarantee. The charity was founded in 1924 and has been serving the communities of Battersea and Wandsworth to tackle poverty and build stronger communities ever since. The limited company was incorporated on 27 July 1999 under a Memorandum of Association that established the objects and powers of the charitable company and is governed under its Articles of Association.

Trustees

Katherine Low Settlement is governed by a Board of Trustees, not exceeding ten in number, who are elected by the membership at the Annual General Meeting (AGM). Each year a third of Trustees stand down at the AGM and are eligible for re-election. The Trustees have no beneficial interests in or contracts with the organisation during the year.

Trustees’ recruitment and induction

Board members are selected on the basis of the experience, skills and expertise they bring to further the main objectives of the Settlement and to reflect the diversity of the community with respect to age, ethnicity and disability and a representation of a variety of backgrounds, particularly those from the local community of Battersea.

The induction process for new Trustees includes the provision of information as specified by the Charities Commission on their roles and responsibilities, policy and procedures, meetings with key staff and the Chair of Trustees and visits to the Settlement both by arrangement and informally.

Management and Staffing

The Trustees delegate the day-to-day work and operations of the Settlement to a small core establishment of hardworking and dedicated staff, who operate within defined terms of reference and authority. The Senior Management Team includes Aaron Barbour, Chief Executive; Tracy Frostick, Administrative and Premises Manager; Sarah Goodall, Head of Elders Team; Fran Jukes, Head of ESOL Team; Paula Robertson, Head of Love to Learn Education Team. In addition to an excellent team of 35 staff, the work is supported by more than 200+ amazing volunteers. Their dedication brings a unique strength to the Settlement, extending the capacity and reach of the organisation.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Risk Management

The Trustees conduct an annual review of the major risks to which the charity is exposed covering strategic, operational, financial, governance, compliance and external risks. The review identifies potentially significant risks and their likelihood and possible impact in each of these areas, together with existing control measures. Also, any additional actions and policies required to mitigate retained risks and the people responsible for ensuring they are monitored and addressed.

The Trustees have given consideration to the major risks to which the charity is exposed - which focus in particular on funding and staffing - and have satisfied themselves that systems and procedures are in place to mitigate these and other risks.

CHARITABLE OBJECTIVES AND ACTIVITIES

Public Benefit

The Trustees confirm that when reviewing the charity’s activities and devising future programmes, they have referred to the Charity Commission’s general guidance on public benefit and complied with their duties of the Charities Act 2011. In particular, the Trustees have considered how planned activities will contribute to meeting the strategic aims of the charity.

Vision, Mission and Values

Katherine Low Settlement is driven by its vision and mission and led by its values.

Vision

Our vision is for an inclusive society where the people of Battersea and the wider Wandsworth community achieve their potential together.

Mission

We foster and empower communities in our neighbourhood to reduce poverty and isolation.

Values

Aims

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Activities

KLS new 5-year strategy

This has been the fourth year of implementing our 5-year strategy, carried out in exceptional times. This annual report looks back on what we’ve achieved over the last year, particularly in the light of the Covid-19 pandemic.

Our strategy enables KLS to rise to the challenge of meeting increasing demands, needs and difficulties in Battersea and the wider Wandsworth community, and to be an even stronger organisation throughout the century ahead.

The strengths of the Settlement lie in our relationships, facilities, reputation and fundraising capability to empower communities in Wandsworth in their fight against poverty and isolation. We have never been in a stronger position to do so. Today we provide a broad range of directly and indirectly delivered activities and an increasing campaigning role.

But we can do more. During our 5-year strategy, we will boost our membership, increase communications, strengthen partnerships and campaign on key issues. In support of this we will look to secure funding for additional operating staff and enhance our systems for closely monitoring our effectiveness and impact.

In light of the Covid pandemic we put our plans on hold to improve the building at 108 Battersea High Street. When the crisis ends, we will review the situation and look to take this work forward again. Our ultimate aim is for the Settlement to be accessible, versatile and a hospitable community hub. We will be able to increase our services and capacity, whilst keeping and celebrating our rich heritage.

Priorities for Change:

In our five year strategy (2017-2022) we are committed to:

Upgrade our Facilities

  1. Improving access to, quality of and capacity within our facilities .

Increase Reach

  1. Sourcing funds for staff and volunteers to support more members .

  2. Promoting awareness and understanding of KLS.

  3. Enhancing transportation for, and outreach to, members.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

  1. Assure Quality

  2. Monitoring , and improving our effectiveness .

  3. Increasing and further personalising our support for members with complex needs.

Enhance Activities

  1. Broadening the range of activities we provide directly .

  2. Coordinating, promoting and signposting to other charities 10. Campaigning for external policy change.

Covid-19 pandemic’s impact on Katherine Low Settlement

When the pandemic struck, we already had plans in place. So, when the first lockdown occurred on 23[rd] March 2020, we suspended all of our face-to-face services, sent our staff and volunteers home and closed our community centre. To support our members (otherwise known as service users/clients) through these difficult times, we adapted our community services to offer ‘virtual’ support, given over the phone, online, via the post and where possible on the doorstep or outside in parks.

We’ve since made over 7,000 calls to our most vulnerable elders with daily calls; delivered 300+ ESOL (English), Maths and IT classes via Zoom/WhatsApp/Google classrooms; supported our Somali Women's Group via WhatsApp once their children have gone to bed; hosted a new Corona Homework Club for refugee young people; provided our learning mentor and GCSE study support online; and so much more. We’ve provided practical and emotional support for all our staff and volunteers working at home.

A very big thank you to everyone who’s supported us over the last year. We couldn’t have done it without you. Together we’ve been responding, adapting and refocusing our work to meet the needs of local people during this Covid-19 crisis, as you will read throughout this review.

None of us truly knew the path we’d actually tread. Nor the extent of transformation we’ve gone through, the new things we’ve learnt, the outpouring of support and generosity by local people and our supporters, nor the depth of relationships and partnerships we’ve built over the pandemic. This has been alongside the hardships, loss, rising inequalities, ill-health, isolation and loneliness that so many of us have faced over the last year.

We have been documenting the last year through the news blog on our website (159 posts from March’20 to April’21), our regular e-updates and our Annual Review. Do read these for a more in-depth view.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

ACHIEVEMENTS AND PERFORMANCE

The following report highlights our achievements and performance during 2020/21, in line with our new strategy and priorities for change:

1. Upgrade our Facilities

Due to government Covid restrictions we had to close our community centre on 23[rd] March 2020. As the lockdowns eased later in 2020, we were able to carry out some internal repairs (including a section of the roof) and redecorations.

Unfortunately, as most of the funding available this year was focused on Covid-related community services, we were not able to raise the capital needed to renovate and rebuild our community centre. As a result, the trustees put this capital development on hold until the end of the pandemic, so we could prioritise our efforts on supporting local people through the crisis.

This year as we had to legally close our centre, we were not allowed to invite other charities and community groups to operate out of our premises. Most of the community groups, who previously used our space, were able to transform themselves and continue their community services, much like we’ve done, in a virtual form. Sadly, some have had to close. We hope to welcome as many of our old friends back in 2021, as well as some new ones too. KLS finances were hit significantly as a result of this loss of rent revenue. However, we were able to successfully fundraise from various emergency Covid funding pots to fill this gap. We are truly thankful to them for this.

We’re open!

Hire a Room at KLS

Hire our space whatever the occasion be that birthdays, conferences, meetings, training or parties.

We can accommodate small and large groups up to 70 people, in one of our 5 rooms to hire. We’re open 7 days a week and are easy to reach with good transport links. We have WIFI & IT facilities, equipment galore and disabled access – for one-off bookings, weekly classes, long-term bookings – all are welcome.

We are the perfect venue to hire for all type of events and meetings, so please get in touch. We’re here to help.

To hire a room please contact: Tracy Frostick 020 7223 2845 Administration & Premises Manager tracy@klsettlement.org.uk Katherine Low Settlement www.klsettlement.org.uk

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

2. Increase Reach

As you will read further into this review, we transformed our services in response to the Covid lockdowns, to reach our existing members. We were able to support many new ones too.

People have been incredibly generous this year, supporting our work during the Covid crisis. We have had another successful year generating enough funds to be able to keep the charity going, including a Covid Appeal in April 2020 and our first Spring Steps Challenge in March 2021. We continue to focus our fundraising efforts on securing a few large, multi-year grants from major charitable trusts and foundations; supplemented by generous donations from our growing supporter base. Thank you for all your support. It is very much appreciated.

Please make a regular donation to support our work

A regular monthly donation to Katherine Low Settlement makes a big difference to the lives of local people we work with. Your donation will enable us to keep running our older people’s lunch club, young people’s homework club, mentoring programme and ESOL teaching – and more. No matter how large or small your donation, we appreciate what you can give.

To make a regular donation please visit: www.klsettlement.org.uk/donate Thank you!

3. Assure Quality

We continue to improve our ability (using our Lamplight database) to monitor, evaluate and report on our activities; as well as use this information to make informed decisions to improve our work in the community. It is used at Trustee and Senior Management Team meetings, as well as with our members and supporters.

This year we put in place extra support for staff and volunteers. This included clinical supervision for teams; an employee assistance programme; increased internal communication including an e-news and WhatsApp groups; and more regular team and all-organisation meetings, which are a great opportunity to 'talk shop', share/learn/support each other, as well as an opportunity let our collective hair down and have a laugh! (Essential in hard times).

Safeguarding has been a key priority for us during this time. We have updated our safeguarding policy and have introduced a new digital safeguarding policy; we have made risk assessments; are following government guidance where possible; we have re-trained staff and volunteers (as well as many of our families and members) in safeguarding practices; we are drawing upon our expertise and experience, as well as learning from sister/partner organisations; and are using a healthy dose of common sense to help guide us through these difficult times. We also commissioned an external safeguarding audit in October'20, which went well. The recommendations have been implemented. There were no significant safeguarding issues this year.

4. Enhance Activities

We continued delivering our own direct community services, albeit in an adapted ‘virtual’ manner (see below), as well as our community building and campaigning work.

i. Business development support

Each year we support between 5-10 individuals and community groups to develop new ideas, start-up a community organisation or charity, and grow and expand their current operations.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

We provide a mix of business development support, advice and introductions to various networks and funders to help with ideation, strategy, business planning, budgeting, finance, fundraising, governance, recruitment and HR, IT and more.

This year we have:

ii. Partnerships

We also build relationships and networks, contribute to community initiatives, support other charities and community groups, collaborate with other agencies, and bring different peoples and communities together.

This year we chaired and were an active partner in the following:

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

iii. Collaborations with local schools and businesses

Annabel Bennett, our new Community Partnerships Manager, has worked tirelessly to develop and strengthen our partnerships with local schools and businesses.

These include:

Lobbying & Campaigning

We worked on a number of campaigns this year to being about social change. In KLS there is a real understanding that we have to address the causes, as well as the symptoms, of why people come through our doors. At times this is to do with failure of national and local government policy to support local people properly.

This year we’ve worked with other organisations to campaign on:

To find out more visit our website www.klsettlement.org.uk

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

5. KLS direct services in 2020/21

a) Katherine Low Settlement’s work with older people

As always, we are driven by the difference we make to the lives of our elders. Our Elders service always strives to:

  1. Encourage active and independent living.

  2. Reduce isolation and loneliness.

  3. Improve wellbeing and prevent ill-health.

  4. Enable older residents to become dynamic and contributing members of the Wandsworth community.

2020/21 was a difficult time for local older people, as it was for us all. 54% of our members told us in a survey in March 2021 they had no one but KLS to support them. Our Elders Service strived to give much needed support, in new ways, during this difficult Covid period. We run 21 different activities each week for 230+ older people including Lunch Clubs, chairbased exercise classes, T’ai Chi, Dance for Life, a film club, and more. We've run these 'virtually' over the last year and are now trying to re-establish our face-to-face support as lockdown restrictions ease. Diana said recently “If I didn’t have KLS I wouldn’t have made it through lockdown I would have gone mad."

We did lots of careful planning throughout the pandemic. This was key to support people through the various stages of the crisis. It meant we could offer support virtually (via telephone and online), with doorstep visits, host outings and trips, and meet in public places or in the centre. We followed government guidelines; used the ‘my loved one’ measure; completed individual and groups risk assessments for members, volunteers and staff, as well as transport; and used small bubble groups to bring people together, such as our Tea & Chat bubbles.

We created a Fone Friends befriending service to support people through the pandemic. Volunteers and staff made 5,928 befriending calls to our elders (March’20-March’21). With some more vulnerable members getting daily calls including over weekends and on Christmas day. This emotional support was crucial, as so many were scared, lonely, anxious and stressed.

Many elders received 1-2-1 support , including advice and casework support . We addressed specific issues that our elders were facing by advocating on their behalf or connecting them with the Wandsworth Community Hub, Social Services, Age UK Wandsworth, Citizens Advice, mutual aid groups, Foodbank, mental health community support etc. for changes in their care packages and financial issues, for example. One member was supported to have their bedroom moved into the living room when she could no longer manage the stairs.

We supported members to get food parcels, clothes and medicines We worked with local food groups like Kambala Cares and Waste Not Want Not Battersea to provide hot meals; and Age UK Wandsworth and the local Foodbank with food parcels; as well as brilliant support from the Battersea Coronavirus Angels, whom we helped set up and trained. We provided mental health support when they were struggling and helped with serious safeguarding needs. We also encouraged Peer Support groups , where members swapped telephone numbers and called each other.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Members Story: Mr J supported by his digital champion

Mr J, aged 66, lives alone after his family moved away last year. His two beloved dogs also passed away. He has dementia as well as a neurological condition that causes him constant pain. During lockdown his low mood got worse. We referred him to mental health services and social services for increased support. He was supported by KLS' Digital Champion to join Zoom art sessions to help give him something to keep busy and connect with friends. He also received telephone befriending during this time with a friendly volunteer. They're now meeting face to face as the restrictions have eased.

The team supported elders to maintain their physical health, mobility, balance and fitness. Though, as our Annual Impact Survey shows, their physical health has significantly deteriorated (see results below). We hosted exercises sessions via Zoom. We ran YouTube sessions created by our exercise tutors. We also produced our very own exercise DVD (take that Jane Fonda) and shared this widely with our members to use at home. We also developed our own Parkinson’s Dance DVD. Tutors called members when classes were not running to offer encouragement. When lockdown ended, we ran exercise classes in Fred Wells Gardens; and we offered a number of community walks in Battersea Park, including a well-attended men's walk.

We posted 100s of activity packs and gifts , especially to our most isolated members, to keep them mentally engaged and busy, with new hobbies include art packs, books, CDs and puzzles. We ensured members got handmade cards and Christmas gifts with the support of our partners Frances Holland school, Thomas’s school and Dorrington plc.

At the request of our member’s, we set up a number of new activities including a new Film Club, Age Well’s Zoom Exercise classes, Writerz and Scribez intergenerational work, National Trust online art sessions and Talk Wandsworth online wellbeing sessions.

Members Story: Mrs F’s world opened up

Mrs F, aged 85, lives alone and has dementia. Her children live in Germany and Spain and were due to visit but Lockdown happened. She misses them immensely and feels lonely and depressed. A KLS' Digital Champion helped set up an Alcove Phone (special online tablet for elders), and then spent time helping her to practice making and accepting calls on the devise. She is now very happy, as she can actually see her children when using the Alcove video phone. Mrs F has been receiving regular phone calls from a volunteer befriender, and KLS staff. These regular calls are her lifeline.

Early on in the crisis we realised that many of our older members were not online. They did not have the devices, data, money or skills to get online. They were digitally excluded . To address this, we did a number of things. We piloted ‘Tech Up Battersea’ – a new programme to support elders get online. We taught elders how to use digital technology. We loaned tech during periods of lockdown to reduce their isolation. Digital Champion Volunteers offered 1-2-1 support on the doorstep. 20 Amazon Fire Tablets were set up for the service, that are now installed with the necessary apps including Zoom groups and with individual email accounts.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Our new Age Well service ran ‘12 Zooms Over Christmas’ as part of Battersea Zoomers. This was a varied programme of zoom sessions tailored to meet the social needs of elders at home. The programme was set up to get isolated and vulnerable older people equipped and trained on Zoom in time for Christmas. This was so successful that it still continues and has a regular weekly programme of Zoom activities.

The difference we make with older people

Our members are always talking to us, giving us constant feedback - letting us know what they want, what they like and what they don’t enjoy. Once a year we conduct a formal Annual Impact Survey. This year we found members were feeling less positive and socially engaged when compared with the previous year.

Members Story: Mrs C getting out with her phone

Mrs C, aged 76, was nervous of going out post-lockdown as she was scared of catching the virus. She had never used any IT in the life. A volunteer taught her how to use her new phone, including taking photos. We encouraged her to go for walks and send us pictures of the things she saw that bring her joy, such as flowers. She feels the walks have helped with her weight management, as she reported she had put on weight during lockdown. As well as her overall wellbeing and renewed confidence about going out. Mrs C was also shown how to use Zoom and now attends the KLS Zoom socials. She’s even joined a National Gallery talk and our Draw, Sketch, Party sessions online.

b) Katherine Low Settlement’s work with refugee and newly-arrived communities

KLS work with refugee and newly-arrived communities in a variety of ways including our Love to Learn education team; our Adult Education (including ESOL) programme, and our Women’s Wellbeing Group.

i. Love to Learn education team

Our Love to Learn education programme makes a real difference to the lives of 200+ young people from refugee backgrounds in Battersea and the wider Wandsworth community. We broaden educational experiences, improve educational outcomes and confidence, and support aspiration.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

The team provides a range of educational services and support including advocacy and advice, homework support through learning mentors and clubs, parent workshops and supported referrals. We liaise with schools, social services, other community organisations and service providers to ensure that families access appropriate and targeted support for their needs. The Covid-19 restrictions and lockdowns placed additional pressure on our children and families. Like all of our community services, our own Love to Learn team had to go ‘virtual’, offering support over the phone, online, using the post and doorstep visits.

Our Learning Mentor programme worked with 64 volunteer learning mentors paired with 64 young people from a refugee background who are struggling at school. The mentors visit for one hour a week, until the end of the academic year. This has been happening online, rather than face to face, during the Covid lockdowns. The learning mentors were able to achieve the following outcomes with young people:

Our family education and casework programme provides free, confidential and impartial advice, information and advocacy support to help refugee families and their children get ahead in education. Overall, 89% were fully satisfied with our casework service (Love to Learn annual survey 2021). The team were able to achieve the following outcomes with young people:

Family and Parent workshops. Our work in empowering and connecting parents is now better established. We delivered 14 online parent workshops since April’20, on a range of subjects all requested by parents. These focused on health and wellbeing, as well as education

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

understanding. e.g. Tips on home education, Routines and sleep, Coping with stress, Covid awareness and vaccinations, Exams and Assessments 21, Post 16 Education options. All the workshops were run in partnership with local professionals, including NHS staff, parenting experts and primary and secondary teachers.

Our Homework & Activity Clubs include: Junior Club (5-10 year olds), Senior Club (10-15s), GCSE Study Groups (15-16s), Youth Club (16-21) and Holiday Clubs (5-18s). This year we supported 59 refugee young people and their families at our Clubs.

Due to the ongoing lockdowns, we were unable to run our usual face to face services. So we started weekly online Corona Homework Clubs, where we were supporting local children’s academic education, as well as their social and emotional wellbeing. They were energetic sessions which included the rock paper scissor championship, spot the difference, yoga, meditation, online Pictionary, craft challenges and Joe Wickes workouts.

We delivered 100s of stationary packs, books and physical learning materials. So our young people had resources to learn at home. We also sent out 100s of activity art packs, in partnership with a local artist collective ‘Artists in Transit’, to keep our young people occupied with creative and interesting things to do. Our partner Fairbeats! continues to provide music lessons online. 63% of young people attending our Clubs display high levels of confidence – based on scoring themselves across 7 areas of daily life. And 78% display high levels of wellbeing – based on scoring themselves across 5 areas of daily life.

Fatima told us why our summer programme is so special to her. “I love the summer with you. Sometimes I am so excited to see my friends I can’t sleep. If I didn’t go to somewhere with you (Love to Learn) I would just be near my house or inside being bored.”

When restrictions were partially lifted, we had an amazing summer getting 106 children out and about, seeing their friends, having fun and sharing their experiences of lockdown. 98% said they’d developed their social skills; 85% said their independence had increased; and 84% felt more resilient. Thanks to everyone who financially supported our summer programme. In September 2020, we were able to run small face-to-face Homework Clubs with bubbles of 15 children. The Clubs were rotated so each child attended every two weeks. 72% of children attending our Clubs have aspirations and know what they want to do when they leave school.

Yasmin, aged 8, told us what she got out of our Homework Club. “When I come to the Club first time, I didn’t speak any English and I was scared I just wanted to be with my mum. But now I am waiting every day until I go to the Club because it feel fun and I have friends and people don’t mind my English”.

During the second and third lockdowns we continued to provide online support. We now have five weekly online Clubs: GCSE Homework Club, Youth Club, Wednesday Corona club, Wednesday drop-in Homework Help Club and Thursday Music Group. 87% of young people who attended our Clubs said they engaged positively with learning whilst with us. Plans for next year. As outlined above, we will continue to run our Love to Learn education programme for local refugee children and their families. We will continue to adapt and change according to the Covid restrictions. One area that we’ve like to extend our efforts is to support

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

more older adolescent refugee young people aged 16-21: after they’ve finished their GCSEs, as they move on to further and higher education, and into the world of work.

Members Story: Ahmed overcoming adversity

Ahmed* came to the UK in 2019. He had been badly beaten in Libya by people traffickers and as a result is deaf in one ear. He really struggled with his learning, at Southfields Academy in their International department, as a result of the trauma he had experienced and his hearing difficulties, and he had no English to start with.

Our member of staff, Mery (who works with our Love to Learn education team), has been working with him intensively. This year he has shown a great improvement. The fact that Mery knows him well and speaks Tigrinya, his home language, means that she became aware that he also seemed to have learning difficulties. This would not have been picked up otherwise, as his teachers assumed that his slow progress was down to his hearing difficulties and having English as a second language. Mery’s intervention meant that he was assessed and then given an EHCP (Education and Healthcare Plan) which will enable him to access the support he needs.

He has also been very distressed about his immigration status. Ahmed has been waiting over a year for a decision and therefore felt extremely anxious about his future, that he might not be able to remain in the UK. Mery found him an immigration solicitor and liaised between him and the solicitor, as well as keeping pressure on the solicitor to progress the case with the Home Office. She provided evidence, from her work with Ahmed over the two years he’s been here, of the distress caused by the uncertainty over his future. We just heard in the last few days that he’s been granted refugee status, which is fantastic news.

ii. Adult Education – ESOL (English) at KLS

Katherine Low Settlement has a strong track record of providing free English for Speakers of Other Languages (ESOL) courses and qualifications since 1999. This enables migrant and refugee communities in Wandsworth to improve their English literacy and language across the four skills of speaking, listening, reading and writing.

Over this academic year (2020/21) our ESOL has:

Numbers of students

Student Progression

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Exams

Covid Restrictions and Flexible Classes

In September 2020 we started the academic year with face-to-face classes - adjusting our teaching to Covid restrictions to include: desks 2 metres apart; larger classes split to avoid overcrowding with a blended learning approach (once we had worked out ways to do this); students picking up worksheets at appointed times when unable to attend in person; ensuring all students had a gmail email address, could access Google Classroom and were trained to use Zoom in the event of any further closures; and 1:1 laptop training for students.

Providing digital support

“I liked borrowing a laptop because now I’m learning about using a laptop for my future.”

Aliya, one of our students

Last year (see Year 1 report) we reported the results of a digital access survey amongst our students which prompted a call to action. The result was that we were able to get 24 laptops out to students by October 2020 and a further 30 by the beginning of 2021. This meant that after our second closure in November 2020, more than 60% of our students had access to a KLS laptop for their classes, with a further 25% sharing devices with their families and the remaining 13% more comfortable using their smartphones. We only had 3 students who neither had access to a laptop nor a smartphone, but all of these were due to a lack of interest in engaging with digital technology. This remains a project in progress.

“There was a lot I didn’t understand about computers and I was frightened of using one. Since I had some training and have had to use one for my ESOL classes, I am feeling more confident and this is helping my daughter to feel more confident about herself too. I love it”

Lastenia, one of our students

Online Classes

“I didn’t want to do online learning. I felt bad. I didn’t understand and I stopped coming to classes. My teacher called me and I came to KLS. She showed me how to use a laptop, I took it home and then I came to all my classes. My teacher, she is so patient she makes me relax. Now I am proud of myself and my teacher is proud of me. I have passed all my Entry 3 exams.”

Monica, one of our students

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Online classes were simpler to set up for the second lockdown. The students were far more confident with the format this time and were ready. All classes had access to:

This resulted in a very good attendance rate amongst the higher-level classes - digital literacy often runs hand in hand with language literacy.

The three groups that found it most difficult to engage with Lockdown lessons were Pre-Entry, Entry 1 and Entry 1/2 speaking and listening. This was due to a mixture of low confidence and extra time needed to engage their children in their own lockdown lessons. The ESOL Manager when doing online lesson observations was able to observe this first hand. When observing ESOL classes at lower levels, children were much more likely to interrupt parents and need support with their schoolwork. Whereas higher level students had sufficient study skills to either set up their children’s learning environment first, or have the confidence to study side by side with them.

One bonus to the students learning to use Zoom is that it has opened up contact with families abroad for many of them. They have now been able to show their families how to use it from as far away as Afghanistan.

Post Lockdown attendance

“I want say thanks to all my teachers and KLS to give me online lessons in Covid time.”

Zahra, one of our students

Once we decided to open up face to face classes again at the beginning of May, attendance took a big hit across all levels and decreased. Multiple factors affected this including: Constant school closures; Sickness, including Long Covid; Overseas travel to look after ill family members; Needing to self-isolate; and housing issues once Landlord rules changed.

Volunteers

We had fewer volunteers this year due to Covid nervousness and restrictions. Most of those who were able to give their time managed to stay with us for the whole academic year. Their willingness to adapt to new teaching conditions was invaluable. This meant that during online classes they were still able to:

Volunteers play a very important role in the classroom experience.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Volunteer Story: Djedjiga teaching our Waiting List group

One volunteer, Djedjiga, returned to us this year after a few years absence. She was eager to use the skills she had learnt in her CELTA course to run her own group: the lower-level Waiting List group starting in January 2021.

Djedjiga liaised with the ESOL manager closely and they worked together to develop a Scheme of Work which she delivered to a group of 10 students (Entry 1-2) once a week, online, for the spring term. Her confidence grew weekly which was a pleasure to observe. She was happy to take on new ideas; work with multi-level learners; and master online learning tools. The result was that students engaged well, had very good attendance and bonded well as a group. This was even better when they started face to face classes in May.

Djedjiga is a Second Language English speaker, who having grown up in Algeria and France speaks several languages and has a good understanding of intercultural issues. Her empathy for the students is palpable and she has a quiet patience. All of these things make her an engaging teacher.

As a result of her success, Djedjiga has accepted the challenge to teach the IT for ESOL courses next academic year (three courses running once a week for six weeks). This will be a good way to widen the scope of her experience. She will be well supported by the team.

Qualifications

Preparation for assessments was yet again different this year. Most of the preparation period was spent under lockdown conditions and it soon became clear that we would again have to limit numbers taking recognised qualifications. Unlike schools, the Further Education (FE) sector was not given the option to rely on teacher assessed grades (TAGS). TAGS were only expected to be awarded under exceptional circumstances and with extensive evidence. Thus, we had two options: either deliver online assessments or plan for live (in-person) assessments.

As a team we agreed that online assessment was not a fair medium for our cohort. So we made the decision to run live assessments for those students who were most likely to gain a qualification. At the time we were still not running face to face classes and it became clear that the students who had ‘engaged’ fully, measured by attendance and completion of homework and coursework, were the ones who were also most likely to engage with the exam process. This meant that we could run a ‘safer’ assessment season, bringing in small groups of students for mocks and actual exams.

The results have reflected this decision. We have had an 89% success rate (which could have been 93% if a hospitalisation and a bereavement for two of the students had not struck!). This is a very good result. For two of our students, it means that they have the necessary qualifications to carry on with their careers in childcare and teaching. For another two, they have the qualification requirements to move their applications for British citizenship forward.

We are extremely proud of all of our students, not just those who have achieved formal, measurable qualifications. We are proud of the whole cohort, who have faced a difficult situation with courage, stoicism and patience. We are happy that almost all of them are

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

excited to return to what we hope are more normal learning conditions in the coming academic year.

Member Story: Amina from student to volunteer to paid staff

Amina is from Somalia, has been in the UK for more than 20 years and has brought up her five children here. Amina has been coming to KLS for a number of years and has progressed slowly but surely both in confidence and language acquisition. She gained a Level 1 certificate two years ago on our Childcare course and has since been working as a valued member of the ESOL crèche team. She is a softly spoken woman with a strong presence.

During the winter lockdown the ESOL department partnered with the National Literacy Trust (NLT) to run an Early Years Together pilot project with Somali mothers and their pre-school children. This had to be adapted from the original face to face concept to being delivered online. This is where Amina shone. She recruited all the parents from her local networks to take part; she helped with training the parents for online delivery; she translated for both sides of the language divide and made sure that engagement remained high. It was a very successful pilot which is now being adapted and rolled out to different communities by the NLT. Amina was also able to see herself in a new light – as a community organiser and able to hold her own in English speaking situations.

Other interesting projects that Amina was involved in this year – promoting Covid Safety to the Somali community in a film made at KLS for Wandsworth Council. Following on from that Amina also co-scripted, translated into Somali and starred in, a short film allaying the fears around and promoting the benefits of the Covid Vaccination.

Note : Names have been changed to protect anonymity

Plans for next year

From September 2021, the plan is (as far as plans can be made in the current climate) to return to full class face to face lessons. We will still be observing sensible precautions.

As a team we have agreed that the skill we need to focus on most across all levels is writing. Writing is the most difficult skill to teach/learn online because the reactive feedback cannot be easily carried out. The space of time between writing, sending online, being marked and sent back makes the process too slow to be of value to the student. Through discussions with other professionals in the ESOL sector we have found this to be the consensus. The team is excited about devoting a lot of class time to this skill. For example, handwriting and word formation for Pre-Entry; creating questionnaires and working on sentence structure for E1; Paragraphing and text type for Entry 2; Report writing and narratives for Entry 3 & Level 1.

Another exciting plan for next academic year is to introduce Wednesday afternoon extracurricular activities. All students will have the opportunity to attend informal sewing, art, cooking. We are in the process of recruiting volunteers from the local area to lead these sessions, some of whom as mentioned before are present and past students.

We are also trying to partner with Uffo Athletic and Leisure Group– a local charity promoting healthy walks in local parks.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Similarly, we are recruiting volunteers, with the help of the Battersea Society, for a new project aimed at opening up London for our students. The idea is to match London volunteers who have a passion for the city with a KLS ESOL student, who would like to get to know the city they now live in, so that they can ‘discover’ London by bus. They would meet once a week or biweekly, for up to two hours, to go to different places in London by bus.

Twenty-first century teaching tools - if the budget is approved for this, we are getting very excited about installing a SmartBoard in one of our classrooms. This will help with engagement, accommodate different learning styles and make classes more productive.

iii. Somali Women’s Wellbeing Group

A big thank you to MoMark’s Community Mental Health Fund and our individual supporters in backing this work.

Aims

KLS’ Somali Women’s Wellbeing Group aims to:

Activities

We ran a weekly (term-time only) Somali Women's Wellbeing Group for 24 Somali women over 2020 (Jan-Nov’20). On average 18 women attended each session. We invited more women (about 35 in total, who are on our waiting lists and through word of mouth to invite ‘friends of friends’) to attend our summer picnics and accessing one-to-one support, which increases the numbers of women supported. Inevitably the Covid-19 pandemic and lockdown restrictions impacted on our ability to run our face-to-face sessions. We moved our support online and over the telephone during these challenging times. Our staff provided additional 1- 2-1 telephone support for those that needed it each week. Zoom and FaceTime were used more as the group became more proficient with technology.

Member Story: Muna, a local parent, describes her time with us.

“I wanted to get out of the house so I went to the Somali Women’s Group. I had post-natal depression after my baby was born but I never talked about it, even though I went to hospital. In my culture we are told that to go to the Koran if you’re not feeling well. My family just said, ‘it’s just a baby, its normal, a Muslim woman shouldn’t be stressed’. I came to the Group because I didn’t want to be at home being stressed and I want to help other women too. For example, in the last session it got emotional and I was crying and I think other women were able to cry because of that, and crying is good.

Now I feel able to talk about issues and ask for help. Somali women are supposed to be strong, but I don’t have family here or the support we have at home, so I need to ask for help. I used to get very angry with my children but now I can manage better because of the advice we got in the group. My marriage was also very difficult but I got good advice and we are still together.”

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Making a difference

We monitored and evaluated the work of the Group using an initial assessment questionnaire, mid-term discussion and end-questionnaire; as well as staff observations and informal feedback collected over the year. Our Somali Women’s Group has significantly improved the outcomes for the women involved. It:

We can say with confidence that KLS’ Somali Women’s Group has had a significant improvement on the lives of the women that were supported in 2020. All the women answered a questionnaire to test for seven areas of wellbeing. We used the academicallyrecognised and validated Warwick-Edinburgh Mental Wellbeing Scale, at the beginning and end of the group.

In January 2020 most of the women were not feeling optimistic about the future at all. This was before Covid-19 had any effect on their lives. But by the end more than half (53%) were feeling optimistic often or all of the time. This can be attributed to the new skills they acquired, new experiences they had, new friendships and support networks they developed during the course of the group.

By the end of the year most of the women reported that they were able to deal with their problems better (76%), able to think more clearly (94%), and make better decisions in the life (94%).

Three-quarters (75%) of the women were not feeling useful at all at the start of the Group. By the end this had reversed to three-quarters of them feeling useful often or all of the time. Many of them relaxed over the course of the year (even with the lockdown restrictions increasing the difficulties in their daily lives), with more than 71% of the women feeling relaxed often or all of the time by the end.

Finally, and maybe most importantly, their relationships improved massively during the course of the year, inside and outside the group. 88% were feeling closer to other people by the end of November. The strength and number of relationships (and support networks) is a key indicator of current and future wellbeing and health. We were pleased that the group has had such an impact on the women involved.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Plans for next year

We plan to offer lite-touch support to the existing Women’s Group for the next 3 months (Q1 – 2021) as they increasingly find their feet. We are seeking funding for a new cohort of women to join a new Support Group in 2021.

The final word goes to Saida, who joined our Somali Women's Group this year. “Honestly, I loved the group and I could not believe we were having it in our area. Every session I attended, I learnt some useful skills that improve the quality of life. My confidence is improving every day. I use my time wisely. I started to manage my anger and stress better. I reorganized my household and throw away many things that I did need to have in my house. I also become a great parent as I implemented many of the useful tips.”

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

FINANCIAL REVIEW

This year Katherine Low Settlement made an overall surplus of £262,017 (2020 - deficit £17,031), of which unrestricted funds made a surplus of £177,712 (2020 - deficit £12,919) and restricted funds made a surplus of £84,305 (2020 - deficit £4,112). Together with reserves brought forward at the start of the year these surpluses increase reserves to be carried forward at the end of the year to £755,528, of which £361,511 are unrestricted and £394,017 are restricted. The charity has worked hard, in a difficult operating environment, to achieve these results.

Thank you to all of our funders: no matter how large and small we appreciate whatever you can give. Amongst others, we’d like to thank: Anthony and Pat Foundation, Big Local SW11, BBC Children In Need, the Belpech Trust, the Childhood Trust, Dorrington plc, Edward Gostling Foundation, Garfield Weston Foundation, Hanne & Co., the Henry Smith Charity, the Mercers Company, MoMark, The Murray Family, National Lottery Community Fund, Power to Change, the Rank Foundation, Sir Walter St John’s Educational charity, the Sobell Foundation, STAR at Kings College London, Thomas's Schools Foundation, the Topinambour Trust, the Worshipful Company of Tobacco Pipe Makers & Tobacco Blenders, Wandsworth Council including their Lifelong Learning department, Wimbledon Foundation and the Winstanley & York Gardens Joint Venture. Thank you very much for your on-going support of our work.

The Settlement receives donations from many people and organisations all of which are vital for its ongoing work. Thank you so much. We really appreciate your support.

We continue to enjoy a strong relationship with two local schools: Francis Holland School (cofounder of KLS) and Thomas’s Battersea School – involving them in volunteering with our projects, fundraising and community events. We’re very grateful and excited about deepening our work together over the coming year.

Katherine Low Settlement also receives unrestricted income from the rents and charges it makes for the use of its buildings at 108 Battersea High Street. During 2020/21 these rents amounted to £45,297 (2019/20 £118,523). The rate of occupation of the building and the tenants are continually changing and the Settlement is looking to maintain full occupancy levels of organisations renting space in the coming financial year.

Investment and Reserves Policy

The Trustees have considered the liabilities to which the charity is exposed and have set a level of reserves designed to safeguard the charity against any future event. In particular:

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

Going Concern

The Trustees have reviewed the financial position of the charitable company as of 31[st] March 2021 together with the budget, income and expenditure, cash flow and investments, for the period April 2021 to March 2022 inclusively. The Trustees consider that the budgets are reasonable, and that the charity has sufficient reserves and cash resources in order to continue as a going concern.

FUTURE PLANS AND DEVELOPMENT 2020/21

Our 5-year strategy challenges us to do more each year – to grow and develop so that we can support more local people. The Coronavirus pandemic hasn’t changed that. But it may have permanently altered the way in which we provide our services. We’re looking to see how our services continue to evolve and offer a blend of online and in-person services. We know too that we all need to lead more digital lives and will support our staff, volunteers and members to do so.

Our plans for the year ahead focus on reconnecting with our members and supporting their recovery from the effects of the pandemic and lockdowns. Everyone has told us they need a period of recovery, healing and commemoration for those we’ve lost. As well as celebration and the joy of being back together again. We will do this safely with our members.

We will continue to focus our efforts on securing the financial sustainability of the charity by continuing to raise money from charitable trusts, whilst working to diversify and increase the number of individual donors who support KLS. We continue to be blown away by people’s generosity with our emergency Covid Appeal and Spring Steps Challenges, and through fundraising campaigns like the Big Give (supported by the Childhood Trust, Francis Holland School and the Topinambour Trust). Thank you again to each and every one who supports us.

We look forward to working with many more local people, community organisations, volunteers, partners and funders in Battersea and the wider Wandsworth community. Do join us so that we can continue to foster and empower communities in our neighbourhood to reduce poverty and isolation.

Your support and help on this journey would be much appreciated.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

STATEMENT OF TRUSTEES RESPONSIBILTIES

The Trustees (who are also the directors of Katherine Low Settlement Limited for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom accounting standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period, including income and expenditure, or the charitable company for that period. In preparing those financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Charities Act 2011 and Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The Trustees are responsible for the maintenance and integrity of the corporate and financial information including the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

In so far as the Trustees are aware:

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act relating to small companies.

By order of the board of Trustees on 30[th] September 2021 and signed on its behalf by:

BEN THOMAS Chair of Trustees

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KATHERINE LOW SETTLEMENT LIMITED

Opinion

We have audited the financial statements of Katherine Low Settlement Limited (the 'charitable company') for the year ended 31 March 2021 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We 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 the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually, or collectively, may cast doubt on the charitable company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KATHERINE LOW SETTLEMENT LIMITED

(continued)

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) 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 as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditors under Section 144 of the Charities Act 2011 and in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an 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 aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KATHERINE LOW SETTLEMENT LIMITED

(continued)

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. Based on our understanding of the charity and its industry, we identified that the principal risks of non-compliance with laws and regulations related to the UK tax legislation, pensions legislation, employment regulation and health and safety regulation, anti-bribery, corruption and fraud, money laundering, noncompliance with implementation of government support schemes relating to COVID-19, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements, such as the Companies Act 2006 and the Charities Act 2011.

Our audit procedures were designed to respond to those identified risks, including noncompliance with laws and regulations (irregularities) and fraud that are material to the financial statements. Our audit procedures included but were not limited to:

Our audit procedures in relation to fraud included but were not limited to:

There are inherent limitations in the audit procedures described above and the primary responsibility for the prevention and detection of irregularities including fraud rests with management. As with any audit, there remained a risk of non-detection of irregularities, as these may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

REPORT OF THE INDEPENDENT AUDITORS TO THE TRUSTEES OF KATHERINE LOW SETTLEMENT LIMITED

(continued)

Use of our report

This report is made solely to the charitable company's members, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Rajesh Amin (Senior Statutory Auditor) for and on behalf of BDA Associates Limited Chartered Accountants Annecy Court Ferry Works Summer Road Thames Ditton Surrey KT7 0QJ

Date: 1[st] October 2021

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

STATEMENT OF FINANCIAL ACTIVITIES (including income and expenditure account) FOR THE YEAR ENDED 31[ST] MARCH 2021

STATEMENT OF FINANCIAL ACTIVITIES
(including income and expenditure account)
FOR THE YEAR ENDED 31ST MARCH 2021
Unrestricted Restricted
Funds Funds Total Total
2021 2021 2021 2020
Notes £ £ £ £
INCOME AND ENDOWMENTS FROM:
Donations and legacies 3 148,094 172,893 320,987 70,388
Charitable activities
Provision of community centre and projects 4 139,896 599,784 739,680 625,489
Investment income 5 3,046 - 3,046 3,996
Other 6 736 - 736 7,537
─────── ─────── ─────── ───────
TOTAL INCOME 291,772 772,677 1,064,449 707,410
═════ ═════ ═════ ═════
EXPENDITURE ON:
Charitable activities
Provision of community centre and projects 7 190,685 611,747 802,432 724,441
─────── ─────── ─────── ───────
NET INCOME 101,087 160,930 262,017 (17,031)
═════ ═════ ═════ ═════
Transfers between funds 20 76,625 (76,625) - -
─────── ─────── ─────── ───────
177,712 84,305 262,017 (17,031)
Other recognised gains/(losses)
Gains on revaluation of fixed assets 18 - - - -
─────── ─────── ─────── ───────
Net movement in funds for the year 177,712 84,305 262,017 (17,031)
RECONCILIATION OF FUNDS
Total funds brought forward:
Charitable activity funds 20 183,799 309,712 493,511 510,542
Valuation of property 18 3,000,000 - 3,000,000 3,000,000
─────── ─────── ─────── ───────
TOTAL FUNDS CARRIED FORWARD 3,361,511 394,017 3,755,528 3,493,511
═════ ═════ ═════ ═════

CONTINUING OPERATIONS

All incoming resources and resources expended have arisen from continuing activities.

The notes form part of these financial statements.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

BALANCE SHEET AS AT 31[ST] MARCH 2021

BALANCE SHEET
AS AT 31ST MARCH 2021
2021 2020
Notes £ £ £ £
FIXED ASSETS
Tangible assets 13 3,022,893 3,026,949
CURRENT ASSETS
Debtors 14 6,322 36,645
Cash at bank & in hand 856,647 629,220
──────── ────────
862,969 665,865
CREDITORS: Amounts falling due
within one year 15 (130,334) (199,303)
──────── ────────
NET CURRENT ASSETS 732,635 466,562
──────── ───────
NET ASSETS 3,755,528 3,493,511
══════ ══════
RESERVES
Unrestricted funds 17 361,511 183,799
Restricted funds 17 394,017 309,712
Revaluation reserve 18 3,000,000 3,000,000
──────── ────────
NET ASSETS 3,755,528 3,493,511
══════ ══════
FUNDS 20
Unrestricted funds 361,511 183,799
Restricted funds:
Love to Learn Project 208,178 148,485
Department for Transport – Minibus 9,728 19,456
Chief Executive’s Salary Fund 7,425 -
KLS Lift and Building Fund 74,198 95,558
Elders Project 31,564 -
ESOL Project 59,793 46,213
Women’s Health Project 2,385 -
Corona Virus Angels 533 -
Battersea Volunteer Project 213 -
──────── ────────
394,017 309,712
──────── ────────
TOTAL FUNDS 755,528 493,511
══════ ══════

The notes form part of these financial statements.

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

BALANCE SHEET

(Continued)

The charitable company is entitled to exemption from audit under the provisions of section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not deposited notice, pursuant to Section 476 of the Companies Act 2006 requiring an audit of these financial statements.

The Trustees acknowledge their responsibility for:

These financial statements have instead been audited under the requirements of Section 144 of the Charities Act 2011.

The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small charitable companies.

These financial statements were approved by the Board of Trustees on 30[th] September 2021 and were signed on its behalf by:

Ben Thomas

Chair of Trustees

The notes form part of these financial statements.

34

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

CASH FLOW STATEMENT
FOR THE YEAR ENDED 31ST MARCH 2021
2021 2020
Notes £ £
Cash flows from operating activities:
Cash generated from operations 1 236,029 53,768
──────── ────────
Net cash provided by (used in) operating
activities 236,029 53,768
══════ ══════
Cash flows from investing activities:
Purchase of tangible fixed assets (11,648) (2,000)
Interest received 3,046 3,996
──────── ────────
Net cash provided by (used in) investing
activities (8,602) 1,996
══════ ══════
Change in cash and cash equivalents in the
reporting period 227,427 55,764
Cash and cash equivalents at the beginning of the
reporting period 629,220 573,456
──────── ────────
Cash and cash equivalents at the end of the
reporting period 856,647 629,220
══════ ══════

The notes form part of these financial statements.

35

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE CASH FLOW STATEMENT

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2021 2020
£ £
Net income for the reporting period (as per the
statement of financial activities) 262,017 (17,031)
Adjustments for:
Depreciation charges 15,705 11,589
Interest received (3,046) (3,996)
Decrease in debtors 30,323 3,619
(Decrease)/ Increase in creditors (68,970) 59,587
──────── ────────
Net cash provided by (used in) operating activities 236,029 53,768
══════ ══════
2. ANALYSIS OF CASH AND CASH EQUIVALENTS
2021 2020
£ £
Cash in hand 1,034 1,256
Cash at bank 855,613 627,964
────────
 ───────
Net cash provided by (used in) operating activities 856,647 629,220
════════════

The notes form part of these financial statements.

36

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

The charity is a company limited by guarantee and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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 102) (effective 1 January 2015)’, the Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention, as modified by the revaluation of certain assets.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, any performance conditions attached to grants have been met, it is probable that the income will be received, and the amount can be measured reliably.

Income received from the government and other grants is recognised once the above criteria are met, together with any performance conditions attached to the grant.

Income is deferred only when the Charity has yet to fulfil performance conditions.

Donated Services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, and conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102) the general volunteer time is not recognised and refer to the Trustees’ annual report for more information about their contribution.

Expenditure

Liabilities are recognised as expenditure soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accrual basis and has been classified under the headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

The notes form part of these financial statements.

37

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

2. ACCOUNTING POLICIES (continued)

Allocation and apportionment of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs.

Tangible fixed assets

Depreciation is calculated so as to write off the cost of tangible fixed assets on a straight-line basis over their expected useful lives as follows:

Minibus - 20% on cost

Furniture & Equipment - 20% on cost and 33% on cost

Freehold Property

The freehold property owned and occupied by the charity at 108, Battersea High Street, London SW11 3HP, was bequeathed to the Katherine Low Settlement in 1924, but included in previous financial statements at a nominal value of £1. The freehold property was valued on an existing use basis by Foxtons Estate Agents at £1,750,000 on 31[st] March 2012. A policy of regular revaluation has since been adopted. Hence, a valuation was carried out on 19[th] June 2018 by estate agents Bairstow Eves, where the property was revalued at £3,000,000.

It is the policy of Katherine Low Settlement Limited to maintain the Property in good condition, so that, in the opinion of the Trustees, the charging of depreciation would be immaterial.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund Accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Grants and donations made to the Love to Learn Project, the Elders Project, the ESOL Project, the Chief Executive Post, the Women’s Mental Health Project, the Lift and Building fund, the Corona Virus Angels and the Battersea Volunteers Project are restricted to spending on those projects.

Pension costs and other post-retirement benefits

The charitable company met its legal obligation and started pension auto-enrolment on 1[st] January 2017 for eligible staff. Contributions to the charitable company’s pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

38

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

----- Start of picture text -----
|||||| |---|---|---|---|---| |3. DONATIONS AND LEGACIES|2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Donations|148,094|172,893|320,987|70,388| |───────|───────|─────── ───────| |148,094|172,893|320,987|70,388| |═════|═════|═════|═════| |4. INCOME FROM CHARITABLE ACTIVITIES| |Provision of community centre and community projects| |2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Grants receivable|59,811|580,201|640,012|506,966| |Rental and room hire income|45,297|-|45,297 118,523| |Alliance Contribution|3,435|19,583|23,018|-| |Job Retention Scheme Grant|31,353|-|31,353|-| |───────|───────|─────── ───────| |139,896|599,784|739,680|625,489| |═════|═════|═════|═════| |5. INVESTMENT INCOME|2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Deposit account interest|3,046|-|3,046|3,996| |═════|═════|═════|═════| |6. OTHER INCOME|2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Sundry income|736|-|736|7,537| |═════|═════|═════|═════|

----- End of picture text -----

39

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

7. EXPENDITURE ON CHARITABLE ACTIVITES

----- Start of picture text -----
|||||| |---|---|---|---|---| |2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Project costs|24,424|69,658|94,082|64,016| |Salaries and staff costs|-|437,650|437,650|355,812| |Staff training|1,791|2,779|4,570|5,439| |Telephone and internet|-|7,581|7,581|9,870| |Postage, printing and stationery|11,206|1,036|12,242|9,802| |Repairs maintenance and renewals|14,123|21,360|35,483|20,211| |Light and heat|10,294|-|10,294|10,620| |Water and general rates|(1,012)|-|(1,012)|951| |Insurance|7,218|-|7,218|7,139| |Depreciation and loss on disposal|1,563|14,141|15,704|11,589| |Support costs (note 8)|115,078|57,542|172,620|222,992| |Governance costs (note 9)|6,000|-|6,000|6,000| |───────|───────|───────|───────| |190,685|611,747|802,432|724,441| |═════|═════|═════|═════| |8. SUPPORT COSTS|2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Salaries and staff costs|97,139|57,542|154,681|181,479| |Professional fees|6,603|-|6,603|19,820| |Marketing, database and website|8,700|-|8,700|14,606| |Recruitment costs|-|-|-|2,436| |Subscriptions|2,561|-|2,561|2,966| |Sundry|-|-|-|1,615| |Bank charges|75|-|75|70| |───────|───────|───────|───────| |115,078|57,542|172,620|222,992| |═════|═════|═════|═════| |9. GOVERNANCE COSTS|2021|2021|2021|2020| |Unrestricted Restricted|Total|Total| |£|£|£|£| |Auditor’s fee|6,000|-|6,000|6,000| |═════|═════|═════|═════|

----- End of picture text -----

10. TRUSTEES REMUNERATION AND BENEFITS

The Trustees were not paid or received any other benefits from employment during the year (2020: nil) neither were they reimbursed expenses during the year (2020: nil).

No Trustee received payment for professional or other services during the year (2020: nil).

40

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

----- Start of picture text -----
||||| |---|---|---|---| |11. STAFF COSTS|2021|2020| |£|£| |Wages and Salaries|532,047|485,003| |Social Security|36,660|31,518| |Pension|23,624|20,770| |─────── ───────| |592,331|537,291| |═════|═════| |No employees received emoluments in excess of £60,000 per annum (2020: nil).| |The average number of employees during the year was as follows:| |2021|2020| |£|£| |Charitable activities|26|28| |Central Team|6|6| |────|────| |32|34| |═══|═══| |12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES| |Unrestricted|Restricted|Total| |fund|funds|funds| |£|£|£| |INCOME AND ENDOWMENTS FROM| |Donations and legacies|32,414|37,974|70,388| |Charitable activities:| |Provision of community centre and community projects 118,523|506,966|625,489| |Investments|3,996|-|3,996| |Other|3,318|4,219|7,537| |───────|─────── ───────| |Total|158,251|549,159|707,410| |EXPENDITURE ON| |Charitable activities:| |Provision of community centre and community projects 220,182|504,259|724,441| |───────|─────── ───────| |Total|220,182|504,259|724,441| |───────|─────── ───────|

----- End of picture text -----

41

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

(cont.)

13. Unrestricted
Restricted
Total
fund
funds
funds
£
£
£
NET INCOME
(61,931)
44,900
(17,031)
Transfers between funds
49,012
(49,012)
-
───────
─────── ───────
Net movement in funds
(12,919)
(4,112)
(17,031)
Other gains/losses
Gains on revaluation of property
-
-
-
Net movement in funds
(12,919)
(4,112)
(17,031)
RECONCILIATION OF FUNDS
Total funds brought forward
196,718
313,824
510,542
Valuation of property
3,000,000
- 3,000,000
───────
─────── ───────
TOTAL FUNDS CARRIED FORWARD
3,183,799
309,712 3,493,511
═════
═════ ═════
TANGIBLE FIXED ASSETS
Freehold Furniture
Property
& Equip.
Minibus
Total
£
£
£
£
Cost or Valuation
At 1stApril 2020
3,000,000
10,470
48,640 3,059,110
Additions
-
11,648
-
11,648
As at 31stMarch 2021
3,000,000
22,118
48,640 3,070,758
═════
═════
═════ ═════
Depreciation
At 1stApril 2020
-
2,977
29,184
32,161
Charge for the year
-
5,976
9,728
15,704
───────
───────
─────── ───────
At 31stMarch 2021
-
8,953
38,912
47,865
═════
═════
═════ ═════
Net book value
At 31stMarch 2021
3,000,000
13,165
9,728 3,022,893
───────
───────
─────── ───────
At 31stMarch 2020
3,000,000
7,493
19,456 3,026,949
═════
═════
═════ ═════

42

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

14. DEBTORS 2021 2020
£ £
Customers 6,191 17,202
Accrued income 131 12,225
Prepayments - 7,218
─────── ───────
6,322 36,645
═════ ═════
15. CREDITORS 2021 2020
£ £
Suppliers 2,960 6,177
Other creditors 14,679 -
Social Security and other taxes - 9,440
Deferred income (Note 16) 103,342 175,374
Accrued expenditure 9,353 8,312
─────── ───────
130,334 199,303
═════ ═════
16. DEFERRED INCOME 2021 2020
£ £
Anonymous Donation - 21,912
Battersea Power Station Foundation - 19,442
Big Give - 56,580
Edward Gostling Foundation 25,000 25,000
Feathers Association 5,000 -
Garfield Weston - 20,000
John R Murray Charitable Trust - 10,000
Mercers Company 12,500 -
MO Mark 2,152 -
Peter Stebbing Memorial 5,000 -
Rank Foundation - 20,000
Sobell Foundation 23,833 -
Wandsworth Council – Parkinsons Disease Project 2,400 2,440
Wandsworth Council – Digital Tech Up 24,977 -
Wandsworth Youth Ambassadors 2,480 -
─────── ───────
103,342 175,374
═════ ═════

Deferred income are grants or donations received in the year but that are funding for projects, services or salaries in the following year.

43

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

17. ANALYSIS OF NET ASSETS BETWEEN FUNDS

----- Start of picture text -----
|||||| |---|---|---|---|---| |31.3.21 31.3.20| |Unrestricted Restricted|Total|Total| |Fund|funds|funds|funds| |£|£|£|£| |Fixed assets|3,533|19,360|22,893|26,949| |Current assets|370,292|492,677|862,969|665,865| |Current liabilities|(12,314) (118,020) (130,334) (199,303)| |───────|───────|─────── ───────| |361,511|394,017|755,528|493,511| |═════|═════|═════|═════|

----- End of picture text -----

18. REVALUATION RESERVE

----- Start of picture text -----
||||| |---|---|---|---| |2021|2020| |£|£| |Balance at 1|[st]|April|3,000,000 3,000,000| |Revaluation movement in year|-|-| |Balance at 31 March|3,000,000 3,000,000| |══════|═════|

----- End of picture text -----

The property revaluation reserve of £1,750,000 arose as a result of a valuation on 31[st] March 2012 of the Freehold Property owned by Katherine Low Settlement Limited to bring it into the accounts.

The property was then revalued on 19[th] June 2018 by local estate agents Bairstow Eves with a market value of £3,000,000.

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2021.

44

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

20. MOVEMENT IN FUNDS Net Transfers
movement between
At 1.4.20
in funds funds At 31.3.21
£ £ £ £
Unrestricted funds
General fund 183,799 101,087 76,625 361,511
Restricted funds
Love to Learn Project 148,485 90,262 (30,569) 208,178
Department for Transport – Minibus 19,456 (9,728)
-		 9,728
Chief Executive’s Salary Fund - (3,099)
10,524		 7,425
KLS Lift and Building Fund 95,558 (21,360)
-		 74,198
Elders Project - 63,152 (31,588)
31,564
ESOL Project 46,213 32,838 (19,258)
59,793
Women’s Health Project - 2,875 (490)
2,385
Corona Virus Angels - 915 (382)
533
Battersea Volunteer Project - 5,075 (4,862)
213
─────── ─────── ─────── ───────
309,712 160,930 (76,625) 394,017
─────── ─────── ─────── ───────
TOTAL FUNDS 493,511 262,017 - 755,528
═════ ═════ ═════ ═════
Net movement in funds, included in the above are as follows:
Incoming
Resources
Movement
resources
expended		 in funds
£ £ £
Unrestricted funds
General fund 291,772
(190,685)		 101,087
Restricted funds
Love to Learn Project 337,042
(246,780)		 90,262
Department for Transport – Minibus - (9,728) (9,728)
Chief Executive’s Salary Fund (see note below)
54,443
(57,542)		 (3,099)
KLS Lift and Building Fund -
(21,360)		 (21,360)
Elders Project 202,682
(139,530)		 63,152
ESOL Project 142,506
(109,668)		 32,838
Women’s Health Project 5,759 (2,884) 2,875
Corona Virus Angels 3,162 (2,247) 915
Battersea Volunteer Project 27,083
(22,008)		 5,075
───────
───────		 ───────
772,677
(611,747)		 160,930
───────
───────		 ───────
TOTAL FUNDS 1,064,449
(802,432)		 262,017
═════ ═════ ═════

45

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

Comparatives for movement in funds Net Transfers Net Transfers
movement
between
At 1.4.19
 in funds
funds		 At 31.3.20
£ £
£		 £
Unrestricted funds
General fund 196,718 (61,931)
49,012		 183,799
Restricted funds
Love to Learn Project 148,419 30,635
(30,569)		 148,485
Department for Transport – Minibus 29,184 (9,728)
-		 19,456
Chief Executive’s Salary Fund - (14,979)
14,979		 -
KLS Lift and Building Fund 92,866 2,692
-		 95,558
Elders Project 22,205 (10,483)
(11,722)
-
ESOL Project 20,741 48,607
(23,135)
46,213
Women’s Health Project 409 (1,844)
1,435		 -
─────── ───────
───────		 ───────
313,824 44,900
(49,012)		 309,712
─────── ───────
───────		 ───────
TOTAL FUNDS 510,542 (17,031)
-		 493,511
═════
═════
═════		 ═════
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources		 Movement
resources
expended		 in funds
Unrestricted funds £
£		 £
General fund 158,251
(220,182)		 (61,931)
Restricted funds
Love to Learn Project 225,997
(195,362)		 30,635
Department for Transport – Minibus -
(9,728)		 (9,728)
Chief Executive’s Salary Fund (see note below)
42,680
(57,659)		 (14,979)
KLS Lift and Building Fund 10,000
(7,308)		 2,692
Elders Project 106,251
(116,734)		 (10,483)
ESOL Project 144,887
(96,280)		 48,607
Women’s Health Project 3,784
(5,628)		 (1,844)
Head of Community Services Salary Fund 15,560
(15,560)		 -
───────
───────		 ───────
549,159
(504,259)		 44,900
───────
───────		 ───────
TOTAL FUNDS 707,410
(724,441)		 (17,031)
═════ ═════ ═════

46

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

(continued)

Chief Executive’s Salary Fund 2021 2020
£ £
Reserves at 1stApril - -
Grants and donations:
Battersea Power Station Foundation 19,443 6,480
The Rank Foundation 20,000 25,000
Big Local SW11 – The Alliance Partnership 10,000 7,900
Topinambour Trust 5,000 3,000
Other consultancy - 300
Lottery Covid fund – contribution from Elders fund 5,821 -
Rank foundation – contribution from Elders fund 1,940 -
Battersea Volunteer Project contribution 2,763 -
─────── ───────
64,967 42,680
Less: Expended during the year (57,542) (57,659)
Add: Transfer from unrestricted funds - 14,979
─────── ───────
Fund Balance at 31stMarch 7,425 -
═════ ═════

47

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – LOVE TO LEARN PROJECT
2021 2020
£ £
Incoming Resources:
Grants 197,666 200,607
Donations 139,376 25,390
────── ──────
337,042 225,997
Resources Expended
Direct expenditure:
Project costs and sessional teachers 34,296 18,943
Salaries and staff costs 200,315 164,253
Staff training and recruitment costs 2,351 3,567
Travel 2,576 3,754
Repairs and cleaning - 35
─────── ───────
(239,538) (190,552)
Administrative costs:
Telephone and IT 4,344 3,947
Printing, postage and stationery 87 192
Subscriptions 1,210 411
Depreciation 1,601 260
─────── ───────
(7,242) (4,810)
_ _
SURPLUS/(DEFICIT) FOR THE YEAR 90,262 30,635
═════ ═════
Movement in funds:
Fund Balance at 1st April 148,485 148,419
Surplus/(Deficit) for the year 90,262 30,635
Rent and management charge contribution to KLS (30,569) (30,569)
─────── ───────
Fund Balance at 31st March 208,178 148,485
═════ ═════
Note 1-Grants
Anon Donor 21,912 21,911
BBC Children in Need 43,739 39,994
Battersea Summer Scheme 400 -
Garfield Weston Foundation 20,000 20,000
Mo Mark 717 -
Sir Walter St John’s Educational Charity 36,136 36,462
St Thomas’s Schools Foundation - 3,540

(This page does not form part of the statutory financial statements.)

48

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – LOVE TO LEARN PROJECT

RESTRICTED FUND – LOVE TO LEARN PROJECT
(continued)
2021 2020
Note 1-Grants (cont.) £ £
The Childhood Trust - 5,000
The Grace Trust - 1,000
The Henry Smith Charity 57,800 57,700
The John Murray Charitable Trust 10,000 10,000
The Tobacco Pipe Makers & Trade 5,000 5,000
Wandsworth Council 1,962 -
─────── ───────
197,666 200,607

(This page does not form part of the statutory financial statements.)

49

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – ELDERS PROJECT

RESTRICTED FUND – ELDERS PROJECT
2021 2020
£ £
Incoming Resources:
Grants 187,078 99,747
Donations 15,604 2,584
Sundry income - 3,920
─────── ──────
202,682 106,251
Resources Expended:
Direct expenditure:
Project costs and sessional teachers 15,118 14,351
Salaries and staff costs 121,051 98,731
Training and recruitment costs 70 150
Travel and vehicle hire 565 1,517
Repairs and maintenance - 189
─────── ───────
(136,804) (114,938)
Administrative costs:
Telephone and IT 2,043 1,233
Post, stationery and marketing 574 116
Subscriptions - 447
Depreciation 109 -
─────── ───────
(2,726) (1,796)
─────── ───────
(DEFICIT)/SURPLUS FOR THE YEAR 63,152 (10,483)
═════ ═════
Movement in funds:
Fund Balance at 1st April - 22,205
(Deficit)/Surplus for the year 63,152 (10,483)
Rent and management charge contribution to KLS (23,827) (18,915)
CEO salary contribution (7,761) -
Transfer from unrestricted reserves to cover deficit - 7,193
─────── ───────
Fund Balance at 31st March 31,564 -
═════ ═════
Note 1–Grants
Edward Gostling Foundation 25,000 -
Enable Leisure & Culture - 2,250
London & Quadrant Housing Trust - 10,000
National Lottery Community Fund 65,948 -
Sobell Foundation 2,167 25,000
Schroders Charitable Trust 4,000 -
The D’Oyly Carte Charitable Trust - 2,880

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50

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – ELDERS PROJECT continued

Note 1–Grants (Cont.)
The Goldsmiths’ Company Charity - 5,000
The Field Family Trust - 3,188
The Mercers’ Company 12,500 25,000
The Rank Foundation 23,923 -
Wandsworth Borough Council - Age Well Service 49,890 24,925
Wandsworth Borough Council – Contact Club 350 1,300
Wandsworth Borough Council 800 204
Wandsworth CCG 2,500 -
─────── ───────
187,078 99,747

(This page does not form part of the statutory financial statements.)

51

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – ESOL PROJECT
2021 2020
£ £
Incoming Resources:
Grants 132,756 144,887
Donations 9,750 -
─────── ───────
142,506 144,887
Resources Expended:
Direct expenditure:
Project costs and sessional teachers 11,729 5,039
Salaries and staff costs 92,540 88,471
Staff training and recruitment costs 187 297
Travel - 775
Repairs and maintenance - 59
─────── ───────
(104,456) (94,641)
Administrative costs:
Telephone 753 -
Post, stationery and marketing 456 1,061
Subscriptions 1,407 411
Depreciation 2,596 167
─────── ───────
(5,212) (1,639)
─────── ───────
SURPLUS/(DEFICIT) FOR THE YEAR 32,838 48,607
═════ ═════
Movement in funds:
Fund Balance at 1st April 46,213 20,741
Surplus/(Deficit) for the year 32,838 48,607
Rent and management charge contribution to KLS (19,258) (23,135)
─────── ───────
Fund Balance at 31st March 59,793 46,213
═════ ═════
Note 1-Grants
Big Lottery Fund 108,123 108,444
South Thames College 600 660
Topinambour Trust - 3,000
Wandsworth Council – Lifelong Learning Dept 23,533 32,783
─────── ───────
132,756 144,887

(This page does not form part of the statutory financial statements.)

52

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – KLS LIFT AND BUILDING FUND
2021 2020
£ £
Incoming Resources:
Donation - 10,000
────── ──────
- 10,000
Resources Expended:
Direct expenditure:
Professional fees 21,360 7,308
─────── ───────
- -
SURPLUS/(DEFICIT) FOR THE YEAR (21,360) 2,692
═════ ═════
Movement in funds:
Fund Balance at 1st April 95,558 92,866
Surplus/(Deficit) for the year (21,360) 2,692
─────── ───────
Fund Balance at 31st March 74,198 95,558
═════ ═════
Note 1–Grants and donations
Anonymous donation - 10,000
─────── ───────
- 10,000

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KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – WOMEN’S MENTAL HEALTH
2021 2020
£ £
Incoming Resources:
Grants 5,759 3,784
────── ──────
5,759 3,784
Resources Expended:
Direct expenditure:
Project costs and sessional teachers 633 870
Salaries and staff costs 2,251 4,458
Training course - 300
─────── ───────
(2,884) (5,628)
(DEFICIT)/SURPLUS FOR THE YEAR (2,875) (1,844)
═════ ═════
Movement in funds:
Fund Balance at 1st April - 409
(Deficit)/Surplus for the year 2,875 (1,844)
Rent and management charge contribution to KLS (490) (1,329)
Transfer from unrestricted reserves to cover deficit - 2,764
─────── ───────
Fund Balance at 31st March 2,385 -
═════ ═════
Note 1–Grants
MoMark CIO 5,759 2,880
Wandsworth Borough Council - 904
─────── ───────
5,759 3,784

(This page does not form part of the statutory financial statements)

54

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – CORONA VIRUS ANGELS (partner project)
2021 2020
£ £
Incoming Resources:
Donations 3,162 -
────── ──────
3,162 -
Resources Expended:
Direct expenditure:
Project costs and sessional staff 1,869 -
Training course 171 -
IT and telephone 207 -
─────── ───────
(2,247) (5,628)
(DEFICIT)/SURPLUS FOR THE YEAR 915 (1,844)
═════ ═════
Movement in funds:
Fund Balance at 1st April - -
(Deficit)/Surplus for the year 915 -
Rent and management charge contribution to KLS (382) -
─────── ───────
Fund Balance at 31st March 533 -
═════ ═════

(This page does not form part of the statutory financial statements)

55

KATHERINE LOW SETTLEMENT LIMITED ANNUAL REPORT AND ACCOUNTS OF THE TRUSTEES FOR THE YEAR ENDED 31[ST] MARCH 2021

RESTRICTED FUND – Battersea Volunteer Project
2021 2020
£ £
Incoming Resources:
Grants 12,500 -
SW11 Alliance contribution 14,583 -
────── ──────
27,083 -
Resources Expended:
Direct expenditure:
Project costs and sessional teachers 174 -
Salaries and staff costs 21,494 -
Post and stationery 234 -
Depreciation 106 -
─────── ───────
(22,008) -
(DEFICIT)/SURPLUS FOR THE YEAR 5,075 -
═════ ═════
Movement in funds:
Fund Balance at 1st April - -
(Deficit)/Surplus for the year 5,075 -
Rent and management charge contribution to KLS (2,099) -
CEO salary contribution (2,763) -
─────── ───────
Fund Balance at 31st March 213 -
═════ ═════

(This page does not form part of the statutory financial statements)

56