2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
# The 2000 Community Action Centre (A Company Limited by Guarantee)
# Trustees’ Report and Unaudited Accounts for year ended 31 March 2022
Company Registration No: 03924401 (England and Wales) Charity Registration No: 1084224
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
|Contents|||
|---|---|---|
|Reference and Administrative Details|pg|3|
|Trustees Report (including Director’s Report)|pgs|4-13|
|Structure & Governance|pgs|5|
|Objectives & Activities|pgs|6-9
|
|Achievements & Performance|pgs|9-10|
|Acknowledgements|pg|10|
|Future Plans|pg|11|
|Financial Review & Reserves Policy|pgs|11-12|
|Statement of Responsibilities|pg|13|
|Independent Examiner Report|pg|14|
|Statement of Financial Activities|pgs|15-16|
|Balance Sheet|pg|17|
|Notes to the Financial Statements|pgs|18-27|
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## Reference and Administrative Details
## **Trustees**
Eve RAHMANI appointed 13 September 2021 (Chair from 17 June 2022) Amina ISMAIL (Vice Chair from 17 June 2022) Moira KERRANE Sarah KINGUE KOUTA (Treasurer) David ALMOND appointed 21 July 2022 Natalie BAILEY appointed 21 July 2022 Anthony PARRY appointed 21 July 2022 Janice BUTTERWORTH appointed 5 October 2022 Jess BELMONTE (Company Secretary) resigned 8 July 2021 John CARLIN (Chair) resigned 15 June 2022 Louisa SNOW (Vice Chair) resigned 15 June 2022 Jones SOKARI resigned 3 October 2022
## **Registered Office**
199-201 Grove Street Deptford LONDON SE8 3PG
## **Registered Company Number**
03924401
## **Registered Charity Number**
1084224
## **Independent Examiner**
Tom Wilcox – Counterculture Partnership LLP Unit 115 Ducie House, Ducie Street, Manchester, M1 2JW
## **Bankers**
CAF Bank Ltd, 25 Kings Hill Ave, Kings Hill, West Malling ME19 4TA HSBC Bank PLC, Greenwich Branch, 275 Greenwich High Road, LONDON, SE10 8NF
## **2000 Community Action Centre website**
www.2000cac.org
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
The trustees, who act as directors for the purposes of company law, present their report and financial statements for the year ended 31 March 2022.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland, including the adoption of the amendments issued in January 2019 (FRS 102)”.
The trustees confirm that they complied with the duty in Section 4 of the Charities Act 2011 to have due regard to the Charity's Commission general guidance on public benefit "Charities and Public Benefit". The Trustees' Report clearly sets out the charitable objectives, our current activities and how they benefit the public.
## **Chair of Trustees Report**
This second year of the Covid-19 pandemic proved yet another challenging period for the 2000 Community Action Centre, as the country transitioned from government restrictions back into a ‘new normal’. Continued social distancing restrictions during the first half of the year, prevented unrestricted income generation from facilities which, up until the pandemic, had played a key part in funding our core services. Whilst restrictions were progressively lifted in the second half of our financial year, the demand for our services has remained consistently high, as the community we serve, already disadvantaged, are now dealing with the mental, physical, and financial impacts of the pandemic.
This means that our outgoings remain high, certainly higher than they were before the pandemic, whilst we are facing continuing funding challenges as although we can again raise funds from hall hires, we obtained significantly less NCIL funding than was applied for, to allow us to plan for the years ahead. This means we need a stronger focus on identifying private fundraising opportunities we are eligible for, to supplement our income.
Our core services have remained focused on two key components:
- Services associated with the centre; our Social Supermarket which has proved much needed within our community, particularly as costs rise and government support for households is reduced
- Services associated with our Café: a series of projects supporting Children and Young People, especially those struggling with their mental health, through our partnership with Partisan; our Safe Haven project; and our school holiday programmes.
In addition, we wanted to make the most of our café garden and, with the assistance of our dedicated volunteers, successfully turned it from a bland and uninteresting outdoor space, into a vibrant, welcoming haven for Pepys residents, where they can enjoy refreshments and meet with their families, friends and neighbours. Our garden also boasts its own vegetable patch where we grow organic fruit and vegetables, for our Social Supermarket.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **Chair of Trustees Report continued**
We expect the dual challenge of increased need for our services and limited income to continue in the years ahead, as Pepys Estate still has the highest density of population and social housing in the borough, and Evelyn ward continues to be one of the most deprived areas in Lewisham, with a current child poverty rating of almost 50%.
The current energy and cost of living crisis will have a devasting impact on our community, with many local families already living in overcrowded social housing homes, with a high proportion on welfare benefits, experiencing food and fuel poverty. The charity’s aim to develop the centre into a financially sustainable, community hub is more important than ever, to continue to address these issues and inequalities.
I look forward to our continued work with our amazing staff and volunteers and my fellow trustees, to ensure 2000CAC remains at the core of our community, delivering codesigned, user-led, well attended and financially viable activities and programmes for years to come.
## **STRUCTURE AND GOVERNANCE**
The 2000 Action Community Centre was incorporated as a company limited by guarantee on 11 February 2000 and established as a charity on 21 December 2000. The governing instrument of the charity is a Memorandum and Articles of Association as amended in February 2018.
## **Trustees**
As set out in the Articles of Association, the minimum number of Trustees is three, with the potential for up to eight members; the board currently has eight Trustees.
Nominations for new Trustees should be made in advance of a Board meeting, by a member qualified to vote, with a notice from the nominee expressing their willingness to become a Trustee. The Trustees may appoint a person willing to act as a Trustee, either to fill a vacancy or as an additional Board member, provided that the appointment does not cause the number of trustees to exceed eight. Once appointed, Trustees shall hold office for three years. A third of its membership, made up of those who have been on the board for the longest, retires at each AGM. If this cannot be decided through longevity the members who retire are chosen by lot. Retiring trustees can be reappointed at the AGM.
The current trustees listed in this report, are also the directors and members of the company. The Board take responsibility for the strategic direction of the organisation.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **STRUCTURE AND GOVERNANCE Continued**
## **Risk Management**
The Trustees are mindful of the need to consider the risks associated with the governance and operation of the charity. Organisational policies, procedures and processes are reviewed regularly and revised, where necessary. Trustees have implemented an action log, for review and update at Board meetings, to ensure that actions are taken on issues raised and these are recorded and followed-up. In addition, there is a template framework for risk management, which Trustees will begin to review in the coming year to establish key risks, mitigating controls and actions required for effective monitoring, appropriate for an organisation of its size and nature.
## **Charitable Objectives**
The objectives for which the Charity was established are:
- To relief the effects of disadvantage and poverty in the interest of social welfare with the object of improving the condition of life for families and the inhabitants of the Pepys Estate and surrounding areas, through the provision of the following services: education, training and employment initiatives; health and wellbeing programrnes; recreation and leisure activities; information and advice
- To maintain and manage and to co-operate with any statutory local authority in the maintenance and management of a centre for activities promoted by the charity and its constituent bodies in furtherance of the above objects
- such other charitable purposes for the benefit of families and the local communities as the trustees may from time to time think fit.
## **Activities**
Due to the limited size of the centre and the uncertainty of when all pandemic restrictions would be lifted, we were unable to plan in or apply for funding for summer activities, or new projects, or accept bookings for our income generating facilities during spring/summer 2021, until all restrictions were removed. Therefore, we continued to be reliant upon residual charitable grant income received in previous years and strict controls on our expenditure, for the first half of this financial year.
However, as we did during the pandemic, the charity continued to provide its core and emergency services for advice, information, guidance, IT facilities; its regular CYP support activities; and ensured access to food where needed, via our Pepys social supermarket.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **Activities continued**
The following activities were delivered during the year:
## **1. Adult/Family Services**
## **Pepys Social Supermarket:**
Our social supermarket model is a ‘shopping with dignity’ experience, with shoppers able to choose what they need to keep food waste to a minimum, and many of our residents are both members and volunteers, helping to deliver and develop the service. It’s more than a community supermarket, providing access to all the Centre’s available services, including information, advice and guidance with: benefits, housing, homelessness, health & wellbeing and digital inclusion.
Launched in March 2020, we have continued to provide a weekly service enabling the members access to approx. £25 shopping basket per household, containing all food groups necessary for a healthy, balanced diet, for a £3.50 weekly membership fee. We receive weekly surplus food deliveries via foodbank projects, along with local food donations, grant support from London Catalyst and Rushey Green Time and donations from local individual donors, enabling us to purchase additional provisions to enhance the weekly shopping offer for members.
During 2021-2022, we have served 2,230 households, an average of 42 members per week. From April to October 2021, this included an average of 10 LRMN nominated individuals per week, funded by the Lewisham Refugee & Migrant Network.
Aside from an administrator, the weekly service is run by volunteers from the community, who take delivery of provision, portion food, setup and stock the supermarket, serve and give invaluable feedback from members, for continuous improvements to the service. We give special thanks to them as we could not provide this service without them.
We have continued with our free Saturday food provision service, from surplus food deliveries, for those without recourse to public funds.
## **2. Children & Young People Services**
We are a community-led charity and from previous experience of working with our CYP, we knew that the increased deprivation, and underlying impacts of lockdown restrictions, would have detrimental consequences for many of our CYP, already disadvantaged before the pandemic.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **Activities continued – Children & Young People Services continued**
At the Centre we believe that success comes when we support people to find their own solutions, so we worked with our CYP to create their own pathways through the many issues they face. We provide the space and support needed for them to realise and develop their potential, keeping them connected and motivated to give them the skills, resilience and belief that they can improve their life chances.
Our young people, have identified the real risk that, following on from the pandemic, many will return to school with fresh behavioural challenges due to their family circumstances, such as increased financial pressure, domestic violence and/or parental mental health difficulties or bereavement.
- **Safe Haven & XLP partnership:** Older members of our CYP are given access to the Centre café on Friday evenings and Saturday afternoons to network and explore social action as a tool to develop their own individual and collective ideas. They use the sessions for self and peer motivation, exploring how they can get their voices heard in the community and effect the changes that they would like to see locally.
- **Holiday Activities:** Our CYP want to be active and out of their homes. These activities are always well attended and are delivered by older CYP individuals, from within the community. Younger participants feel safe and supported by the older CYP group, and the older members feel valued in being able to share their specific skills and encouraged to see the younger groups succeed and achieve the challenges set. All participants are able to take part in physical activities in a fun and supportive way.
## **3. Other Services**
- **Wellbeing support for young people and families:**
- Free weekly wellbeing sessions delivered in partnership with Partisan UK. This service is provided by Partisan support workers giving young people and families the opportunity to talk through any issues they may have with physical or mental health, self-care, relationships, financial problems and managing stress, in an informal and confidential setting for advice and support to access other services.
- **Welfare rights advice:** Bench Outreach partnership, reporting emergency housing queries, homeless support; sourcing emergency accommodation, support with food and PPE.
- **Digital Inclusion Access:** access for residents to the centres IT suite for online information, emailing and document printing.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **ACHIEVEMENTS AND PERFORMANCE**
Like many organisations, the pandemic, lockdown restrictions and recovery period over the last two years have had a major impact on the services and activities we provide. The financial consequences have reduced the local authority funding available and created a far greater call on charitable giving organisations, resulting in the charity needing to closely monitor our costs and increase our fund-raising efforts, whilst continuing to develop our service provision to adapt to the changing needs of our community.
The increase in physical and mental health issues as a result of the financial impacts, isolation, loneliness, lack of access to outdoor space or healthy food and activities, suffered during the pandemic, along with the concurrent energy and cost of living crisis, on an already disadvantaged and under-resourced community, makes the services we provide, as a central hub offering the opportunity for residents of all ages to engage, socialise, learn and access key support services, more important than ever, to ensure that our community can rely upon us for much-needed local support.
## **Healthy Activities & Food Programme**
We provided a successful programme of summer activities over four weeks in August 2021, with physical education, sports, arts, games, puzzles, mindfulness and food activities for children to discuss nutritional value, recipes and assist with the preparation and cooking of their lunches, for 20 children aged between 8-16 years.
Due to staffing issues, we were unable to provide the same activities during December 2021 but adapted our winter programme to provide take and make boxes to local families over the Christmas period which included activities, recipes and food vouchers.
## **Fire Safety Event**
Event held in September 2021 with funding from the Lewisham Tenants Fund and the London Fire Brigade; a community fun day with food, music and family activities, with residential fire safety advice provided by LFB.
## **Halloween Pumpkin Event**
A community Halloween event with food, refreshments and pumpkin carving, funded by the Lewisham Tenants Fund.
## **Community Garden**
With the commitment and invaluable initiative and hard work of our community garden volunteers, we have developed the external spaces surrounding the centre into community gardens enabling residents to access much-needed clean, safe and pleasant outdoor space. Much of this work has been done with minimal expense, utilising and recycling available resources and donations. We continue to maintain and develop these areas with plans for growing produce for distribution via our community supermarket.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **Achievements and Performance continued**
## **Heritage Lottery Grant**
Successful application to the National Heritage Fund for a £10,000 grant for our 21 & Counting Project to celebrate the 21-year heritage of the community action centre on the Pepys estate to be launched in Spring 2022
## **Acknowledgement & Thanks**
We would like to thank our partners, funders, donors, service users, staff, volunteers and trustees for their support, commitment, and hard work, enabling us to continue meeting the needs of local people.
## **Grant Awards and Donors:**
We received the following grant funding during 2021-2022 in support of our projects and Covid-19 response services:
- LB Lewisham annual support grant
- LB Lewisham Covid-19 business rates grant
- London Catalyst
- LB Lewisham Healthy Activities & Food Project
- Rushey Green Time
- Arnold Clark Auto
- Heritage Lottery Fund
- FareShare
- AXIS – Donation in Kind (Maintenance Services)
- ALL our private individual supporters, for their donations to the Centre
## **Future Plans**
We continue to seek funding in support of our core costs and to enable us to continue with existing projects and introduce new initiatives to deliver our charitable objectives and aims.
We have reviewed our hall hire charges and terms and recruited a volunteer to assist with the administration of this income generation source, to ensure that we maximise use of the facilities available to us and that the service is competitive and cost efficient. Our current bookings have recovered to pre-pandemic levels, and we hope that our efforts to promote this service, to both private individuals and community groups, will meet our income budget expectations for 2022-2023.
Our application to London Borough of Lewisham for 2022-2024 NCIL funding was successful, albeit much reduced to £90,000 over two years, but as Lewisham have agreed that this funding is unrestricted, it will support our core costs over the next two years to enable the charity to continue current services, whilst seeking additional funding for specific projects and new initiatives.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **Future Plans continued**
The charity plans to make an application for National Lottery funding by the end of 20222023 year for a 5-year plan to include increasing the scope of current projects and the reintroduction of previously run successful projects and new initiatives, as requested by the local community. The charity hopes that, if successful, it will enable the centre to, plan projects with the assurance of funding, reach more of its beneficiaries, and provide a regular, consistent and reliable programme of services and support, as needed within the community.
The charity’s intended outcome for this funding is that some of the new initiatives introduced and established during the 5-year period, will develop into ongoing self-funding or income generating services.
## **FINANCIAL REVIEW**
During 2021-2022, the charity continued to closely monitor its costs and make savings where possible, to ensure that it could continue to rely upon residual balances of grant income received during 2020-2021, for the first half of this financial year, as it was unable to generate unrestricted income from café and hire facilities to support its core costs, due to staggered lifting of Covid-19 restrictions.
Utilising the residual balance of core cost funding from City Bridge Trust, a second business rates grant from LB Lewisham, and with the continued support of its staff, volunteers and trustees, the centre has managed to continue provision of its core services, during the pandemic and recovery period of the last two years. Once we were able to fully open the centre facilities, we started to see a recovery of our hire of facilities bookings and as core costs were covered, we have managed to end the financial year with a surplus of unrestricted funds, enabling us to increase our limited reserves, for future stability.
The final position for the year, is a £10,214 surplus for general funds and a £6,834 deficit for restricted funds spent, resulting in an overall small surplus of £3,380 for the year.
The total funds retained at the end of the year were £104,607 made up of £58,116 unrestricted funds and £46,491 of restricted funds. Within the total unrestricted funds, there are general funds of £26,963, the Pepys Social Supermarket designated fund of £12,183, a contingency redundancy fund of £3,738 and a balance of £15,233 remaining from the LB Lewisham annual support grant (see note1 below)
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TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT)
FINANCIAL REVIEW continued
Reserves Policy
The centre has a policy of maintsining reserves of at least 3 to 6 months operating costs to
ensure continued service in the event of any sudden loss of income or to help it adapt to
changes with smooth transitions. General funds held at 31 March 2022 were £26,963
accounting for approximately 5 months operating costs.
The residual balance of £15k LB Lewisham annual support grant from March 2021, was
redesignated by Trustees to support 2021-2022 core costs if the centre was unable to
generate or obtsin sufficient core funding.
As a result of the charity's Strict cost controls and hall hire income generated in the latter part
of the year, this balance of funding remains and therefore, trustees have agreed to revert to
its original purpose in providing back-office servi8 to support and improve the centre's
seNice provision and its fundraising activities in 2022-2023.
The trustees, report was approved by the Board of Trustees on 1211212022
Eve Rahmani
Chair of Trustees
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)**
## **STATEMENT OF TRUSTEES’ RESPONSIBILITIES**
The trustees, who are also the directors of 2000 Community Action Centre for the purpose of company law, are responsible for preparing the Trustees' Report 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,
including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
- select the most suitable accounting policies and apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent; and
- prepare the financial statements on a going concern basis unless it is not appropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity 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 charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **Independent Examiner’s Report to the Trustees for 2000 Community Action Centre**
I report to the charity Trustees on my examination of the accounts of The 2000 Community Action Centre for the year ended 31 March 2022 which comprise the Statement of Financial Activities (including Income and Expenditure Account), the Balance Sheet and the related notes.
## **Responsibilities and basis of report**
As the Trustees of the charity (and also its Directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
I have completed my examination. I can confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that:
- Accounting records were not kept in accordance with section 386 of the 2006 Act; or
- • The accounts do not accord with those records; or
- The accounts do not comply with the accounting requirements under section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination; or
- The accounts have not been prepared in accordance with the Charities SORP (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Tom Wilcox Unit 115 Ducie House, Ducie Street, Manchester, M1 2JW
12/12/2022
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **Statement of Financial Activities (including Income and Expenditure Account)**
||Notes|Unrestricted|Restricted|**Total**|Total|
|---|---|---|---|---|---|
|||Funds|Funds|**2022**|2021|
|||£|£|**£**|£|
|**Income**||||||
|Income from:||||||
|Grants and donations|2|85,722|28,008|**113,730**|191,735|
|Charitable activities|3|31,339|7,981|**39,320**|20,137|
|||**_________**|**________**|**_________**|_________|
|**Total income**||**117,061**|**35,989**|**153,050**|211,872|
|||**_________**|**________**|**_________**|_________|
|**Expenditure**||||||
|Expenditure on:||||||
|Charitable activities|4|107,745|41,925|**149,670**|157,660|
|||**_________**|**________**|**_________**|_________|
|**Total expenditure**||**107,745**|**41,925**|**149,670**|157,660|
|||||||
|||**_________**|**________**|**_________**|_________|
|**Net income**||**9,316**|**(5,936)**|**3,380**|54,212|
|Transfers between funds||898|(898)|**-**|-|
|||**_________**|**________**|**_________**|_________|
|**Net movement in funds**|11|**10,214**
|**(6,834)**|**3,380**
|54,212
|
|||**_________**|**________**|**_________**|_________|
|Funds brought forward at 1 April||47,902|53,325|101,227|101,227|
|||||||
|||**_________**|**________**|**_________**|_________|
|**Funds carried forward at 31**|12|**58,116**|**46,491**|**104,607**|101,227|
|**March**||||||
**_________ ________ _________ _________**
All amounts relate to continuing activities.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **Statement of Financial Activities (Prior Year) (including Income and Expenditure Account)**
|Notes
Unrestricted
Funds
£
**Income**
Income from:
Grants and donations
2
67,300
Charitable activities
3
20,137
_________
**Total income**
87,437
_________
**Expenditure**
Expenditure on:
Charitable activities
4
84,397
_________
**Total expenditure**
84,397
_________
**Net income**
3,040
Transfers between funds
-
_________
**Net movement in funds**
11
9,195
_________
Funds brought forward at 1 April
38,707
_________
**Funds carried forward at 31 March**
12
47,902
|Restricted
Funds
£
124,435
-
________
124,435
________
73,263
________
73,263
________
51,172
-
________
45,017
________
8,308
________
53,325
|Total
2021
£
191,735
20,137
_________
211,872
_________
157,660
_________
157,660
_________
54,212
-
_________
54,212
_________
47,015
_________
101,227
|
|---|---|---|
The company has no recognised gains and losses other than the net movement in funds for the above two financial years.
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Balance Sheet
Notes
2022
2021
Fixed assets
Tangible assets
4,286
5,357
4,286
5,357
Current assets
Debtors
Cash at bank and in hand
1,754
113.673
465
113,583
115,427
114,048
Creditors
Amounts falling due within one year
{15.106)
(18,178)
Net current (liabilities) l assets
104,607
101,227
Total net assets
104.607
101,227
Funds
Restricted
Designated
Unrestricted
12
12
12
46,491
31,153
26,963
53,325
28,986
18,916
Total Funds
12
104,607
101.227
These accounts have been prepared in accordan with the provisions applicable to
companies subject to the small companies, regime.
For the year ended 31 March 2022 the company was entitled to exemption under section
477 ofthe Companies Act 2006 relating to small companies. The members have not required
the company to obtain an audit in accordance with section 478 of the Companies Act 2006.
The financial statements were approved by Trustees on 1211212022
Eve Rahmani - Chair of Trustees
Natalie Bailey - Trustee
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1) Accounting Policies**
## **Charity information**
The 2000 Community Action Centre is a private company limited by guarantee incorporated in England and Wales. The registered office is 199-201 Grove Street, Deptford, London, SE8 3PG.
## **Accounting convention**
The financial statements have been prepared under the historical cost convention, except for investments which are included at market value and the revaluation of certain fixed assets and 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 2019)’, Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), and the Companies Act 2006.
The charity meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
## **Going concern**
The trustees have considered current conditions and future events that might cast doubt on the ability of the charity to continue as a going concern.
The centre recommenced taking hall hire bookings in July/August 2021, and although initial recovery of this unrestricted income was slow, due to continued uncertainty around the pandemic, the charity was able to continue provision of its much-needed community services, without impacting general reserves.
Since the beginning of this financial year, the centre has begun to receive bookings at a similar rate to pre-pandemic levels. In addition, the charity is reviewing its income generating activities, has increased its hire rates, and introduced targets for bookings in line with its budget, to ensure that best use is made of the facilities it has available.
The trustees have reviewed the charity’s forecasts and projections, and with a return of its unrestricted income source, the 2-year LB Lewisham NCIL Grant award, and the continued support from our community, staff and volunteers, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **1) Accounting Policies (continued)**
## **Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are available for use subject to restrictions imposed by the donor or through terms of an appeal.
## **Income**
All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
- income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. Grants of a general nature that are not conditional on delivering certain levels of service are included in donations and legacies.
- income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
## **Expenditure**
All expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for its expenditure. All costs have been directly attributed or proportionally charged to the functional categories of resources expended in the SOFA. Repairs and maintenance to premises are charged to current expenditure as incurred.
## **Tangible fixed assets**
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer equipment 3-year straight line Plant & machinery 5-year straight line Furniture & fittings 5-year straight line
19
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **1) Accounting Policies (continued)**
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in net income/(expenditure) for the year.
## **Impairment of fixed assets**
At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).
## **Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **Financial instruments**
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
20
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **1) Accounting Policies (continued)**
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
## **Taxation**
As a registered charity, the company is exempt from corporation tax on surpluses arising from its charitable activities during the year.
## **Employee benefits**
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
## **Retirement benefits**
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
21
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
|**2) Grants and Donations**|Unrestricted|
Restricted|
**Total**|
|---|---|---|---|
||Funds|
Funds|
**2022**|
|**Grants - 2022**|£|
£|
**£**|
|LB Lewisham – Premises Lease Donation in Kind|27,500|
-|
**27,500**|
|LB Lewisham – Designated - Support Grant|25,000|
-|
**25,000**|
|LB Lewisham – Business Rates Grants|21,222|
-|
**21,222**|
|London Catalyst Grant (Community Supermarket)|-|
2,500|
**2,500**|
|Rushey Green Time (Community Supermarket)|-|
500|
**500**|
|Fareshare (Community Supermarket)|-|
2,500|
**2,500**|
|Arnold Clark Auto (Community Garden)|-|
750|
**750**|
|Healthy Activities & Food Holiday Project|-|
7,200|
**7,200**|
|Heritage Lottery Fund|-|
10,000|
**10,000**|
|Charities Aid Foundation|-|
100|
**100**|
|GOFUNDME Donations (Community Supermarket)|-|
371|
**371**|
|Other – Private Donations|4,000|
4,087|
**8,087**|
|Donations in Kind|8,000|
-|
**8,000**|
||_________|________|**________**|
|**Total Grants**|**85,722**|
**28,008**|
**113,730**|
||Unrestricted|
Restricted|
Total|
||Funds|
Funds|
2021|
|**Grants – 2021**|£|
£|
£|
|LB Lewisham – Premises Lease Donation in Kind|25,300|
-|
25,300|
|LB Lewisham – Designated - Support Grant|18,750|
-|
18,750|
|LB Lewisham – Business Rates Grant - Covid19|21,285|
-|
21,285|
|HMRC – Furlough Grant – Covid19|1,890|
-|
1,890|
|City Bridge Trust - Covid-19 Lottery Funding||43,269|
43,269|
|MOPAC VRU Grant||21,872|
21,872|
|Deptford Challenge Trust (Café)||20,000|
20,000|
|Masks for Extraordinary People (CYP Project)||6,500|
6,500|
|Community Waves (CYP Project)||5,834|
5,834|
|Awards for All (Community Supermarket)||5,372|
5,372|
|Action for Hunger (Community Supermarket)||5,000|
5,000|
|Rushey Green Time (Community Supermarket)||3,234|
3,234|
|Fareshare (Café-Meal Provision)||2,000|
2,000|
|SELCHP Community Funding||1,806|
1,806|
|LBL Community Development||1,000|
1,000|
|Saturday Foodbank||1,000|
1,000|
|GOFUNDME Donations (Community Supermarket)||7,368|
7,368|
|Other – Private Donations (Community Supermarket)|75|
180|
255|
||_________|________|________|
|**Total Grants**|67,300|
124,435|
191,735|
22
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
|**3) Income from charitable activities**Unrestricted
Funds
£
Café Income
2,880
Charges for Facilities (Hall Hire)
20,630
Community Supermarket
7,829
TRA Events Income
-
Redundancy Settlement Recharge
-
_________
31,339
_________
**4) Cost of charitable activities - 2022**
Staff Costs
Premises Lease
Premises Maintenance & Insurance
Café Purchases
Project & Event Costs
Supermarket Purchases
Office Costs
Bank Charges
Legal & Professional Fees
Independent Examiner Fee
Depreciation
**4) Cost of charitable activities - 2021**
Staff Costs
Premises Lease
Premises Maintenance & Insurance
Café Purchases
Project Costs
Supermarket Purchases
Office Costs
Bank Charges
Legal & Professional Fees
Independent Examiner Fee
Depreciation
|Restricted
Funds**Total 2022**
£
**£**
-
**2,880**
-
**20,630**
-
**7,829**
7,981
**7,981**
-
**-**
________**________**
7,981
**39,320**
_________
_________
Unrestricted
Funds
Restricted
Funds
£
£
36,332
18,228
27,500
-
19,610
28
987
-
-
19,916
2,464
3,310
2,268
443
331
-
15,831
-
600
-
1,822
-
_________
________
**107,745**
**41,925**
________
________
Unrestricted
Funds
Restricted
Funds
£
£
29,039
28,482
25,300
-
9,983
11,965
299
379
-
19,418
243
12,182
3,437
837
205
-
14,417
-
676
-
798
-
_________
________
84,397
73,263
________
________|Total 2021
£
394
328
11,915
-
7,500
________
20,137
_________
**Total**
**£**
**54,560**
**27,500**
**19,638**
**987**
**19,916**
**5,774**
**2,711**
**331**
**15,831**
**600**
**1,822**
**________**
**149,670**
**________**
Total
£
57,521
25,300
21,948
678
19,418
12,425
4,274
205
14,417
676
798
________
157,660
**________**|
|---|---|---|
23
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
## **5) Trustee remuneration**
No expenses were paid to the trustees during the year (2021: £nil).
No trustee or other person related to the charity has any personal interest in any contract or transaction entered into by the charity during the year (2021: none).
## **6) Tangible fixed assets**
|**Cost**
**At 1 Apr 2021**
Additions
Disposals*
**At 31 March 2022**
**Accumulated**
**depreciation at 1 Apr 2021**
Charge in year
Eliminated on disposal
**At 31 March 2022**
**Net book value**
**At 31 March 2022**
At 31 March 2021
|Computer
Equipment
£
25,317
-
(16,142)
_________
9,175
22,284
1,103
(16,142)
_________
7,245
_________
1,930
________
3,033
|Plant &
Machinery
£
17,999
-
(9,643)
_________
8,356
17,999
-
(9,643)
_________
8,356
_________
-
_________
-
|Furniture &
Fittings
£
16,417
751
6,001
_________
23,169
14,093
719
6,001
_________
20,813
_________
2,356
_________
2,324
|**Total**
**£**
**59,733**
**751**
**(19,784)**
_________
**40,700**
**54,376**
**1,822**
**(19,784)**
_________
**36,414**
_________
**4,286**
_________
5,357
|
|---|---|---|---|---|
||||||
*Disposals relate to removal of old and fully depreciated assets no longer on site or in use.
## **7) Debtors**
|**7) Debtors**
Trade debtors
Prepayments and accrued income
**8) Creditors: amounts falling due within one year**
Trade creditors
Other creditors
Accruals and deferred income
PAYE and other taxes|**2022**
**£**
**203**
**1,551**
**______**
**1,754**
______
**2022**
**£**
**2,531**
**489**
**9,219**
**2,867**
______
**15,106**
|2021
£
465
-
______
465
______
2021
£
4,590
489
12,230
869
______
**18,178**
|
|---|---|---|
24
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
|**9) Net income/(expenditure)**
This is stated after charging:
Depreciation of tangible fixed assets
Independent examination fee
**10) Staff costs and numbers**
Salaries and wages
Redundancy settlement
Social security costs
Training costs
Pension costs
**The average number of employees during the year was: 5.6**
Charitable activities
Management and administration of the charity
**Total**|**_**|**2022**
**£**
**1,822**
**600**
**2022**
**£**
**53,381**
**-**
**-**
**-**
**1,179**
**________**
**54,560**
________
**2022**
**Number**
**4**
**2**
**________**
**6**
|2021
£
798
676
2021
£
41,923
13,000
-
2,040
558
_________
57,521
_________
2021
Number
2
2
_________
4
|
|---|---|---|---|
||_
**_**|||
The key management personnel of the charity comprised of the trustees and the Centre Manager. The total employee benefits of the key management personnel of the charity were £21k (2021: £19k)
25
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
|**11) Movement in Funds**|**Balance at**|
**Incoming**|
**Outgoing**|**Transfers**|**Balance at**|
|---|---|---|---|---|---|
||**01/04/2021**|
**resources**|
**resources**||**31/03/2022**|
|**Restricted funds:**|**£**|
**£**|
**£**|
**£**|
**£**|
|Outdoor Cinema|1,200|
-|
-||1,200|
|London Catalyst Grant|-|
2,500|
2,500||-|
|SELCHP Senior Groups Funding|1,830|
-|
-||1,830|
|Community Garden Funding|1,806|
750|
1,572||984|
|City Bridge Trust|5,907|
-|
5,507|
(400)|
-|
|MOPAC VRU Grant|2,745|
-|
2,745||-|
|Deptford Challenge Trust|20,000|
-|
14,421||5,579|
|Masks for Extraordinary||||||
|People|6,100|
-|
-|
400|
6,500|
|Community Waves|4,884|
-|
1,887||2,997|
|Awards for All|719|
-|
719||-|
|Rushey Green Time|-|
500|
500||-|
|Fareshare(Café/Supermarket)|501|
2,500|
2,500||501|
|Saturday Foodbank|1,000|
-|
-||1,000|
|Healthy Activities & Food||||||
|Project|-|
7,200|
4,742|
(898)|
1,560|
|Heritage Lottery Fund|-|
10,000|
-||10,000|
|Charities Aid Foundation|-|
100|
-||100|
|GOFUNDME Donations|6,633|
371|
351||6,653|
|Other – Private Donations|-|
4,087|
-||4,087|
|TRA Event Funding|-|7,981|4,481||3,500|
|**Total restricted funds**|**53,325**|
**35,989**|
**(41,925)**|
**(898)**|
**46,491**|
||**_________**|**_________**|**_________**|**_________**|**_________**|
||**________**|
**________**|
**________**|
**________**|
**________**|
|**Unrestricted funds**|**47,902**|
**117,061**|
**(107,745)**|
**898**|
**58,116**|
||**_________**|**_________**|**_________**|**_________**|**_________**|
|**11) Prior Year Movement**
**in Funds**|**Balance at**
**01/04/2020**|**Incoming**
**resources**|**Outgoing**
**resources**|**Transfers**|**Balance at**
**31/03/2021**|
|**Restricted funds:**|**£**|**£**|**£**|**£**|**£**|
|
Evelyn Assembly|3,500|-|3,500||-|
|Outdoor Cinema|1,200|-|-||1,200|
|London Catalyst Grant|1,778||1,778||-|
|SELCHP Community Funding|1,830|1,806|-||3,636|
|City Bridge Trust|-|43,269|37,192|(570)|5,507|
|MOPAC VRU Grant|-|21,872|16,388|(2,739)|2,745|
26
2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2022
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)**
|**11) Prior Year Movement**
**in Funds continued**|**Balance at**
**01/04/2020**|**Balance at**
**01/04/2020**|
**Incoming**
**resources**|
**Outgoing**
**resources**|**Transfers**|**Transfers**|**Balance at**
**31/03/2021**|
|---|---|---|---|---|---|---|---|
|**Restricted funds:**||**£**|
**£**|**£**||**£**|**£**|
|
Deptford Challenge Trust||-|
20,000|-|||20,000|
|Masks for Extraordinary||||||||
|People||-|
6,500|-|||6,500|
|Community Waves||-|
5,834|950|||4,884|
|Awards for All||-|
5,372|4,653|||719|
|Action for Hunger||-|
5,000|5,000|||-|
|Rushey Green Time||-|
3,234|388|(2,846)||-|
|Fareshare||-|
2,000|1,499|||501|
|LBL Community
Development||-|
1,000|1,000|||-|
|Saturday Foodbank
||-|
1,000|-|||1,000|
|GOFUNDME Donations||-|
7,368|735|||6,633|
|Other – Private Donations||-|
180|180|||-|
|
**Total restricted funds**||8,308|
124,435|(73,263)|(6,155)||53,325|
||
**________**||
**________**|**________**|**________**||**________**|
|**Unrestricted funds**|38,707||
87,437|(84,397)|(6,155)||47,902|
||**_________**||**_________**|**_________**|**_________**||**_________**|
|**12) Analysis of net assets**|**between**|
Unrestricted
Designated
Restricted||||
**Total 2022**||
|**funds**|||Funds|Funds|Funds|||
||||£|£|£||**£**|
|Tangible fixed assets|||4,286|-|-||**4,286**|
|Current assets|||34,539|32,899|47,091||**114,529**|
|Current liabilities|||(11,862)|(1,746)|(600)||**(14,208)**|
|||_________ _________ ________||||**________**||
|||26,963
31,153
46,491
_________
_________
________||||**104,607**
________||
## **13) Related party transactions**
The trustees believe that there are no related party transactions to disclose (2021: none).
27