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2023-03-31-accounts

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

The 2000 Community Action Centre (A Company Limited by Guarantee)

Trustees’ Report and Unaudited Accounts for year ended 31 March 2023

Company Registration No: 03924401 (England and Wales) Charity Registration No: 1084224

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

Contents

Contents
Reference and Administrative Details pg 3
Trustees Report (including Director’s Report) pgs 4-12
Structure & Governance pgs 5
Objectives & Activities pgs 5-7
Achievements & Performance pgs 8-9
Acknowledgements pg 9
Future Plans pg 10-11
Financial Review & Reserves Policy pgs 11
Statement of Responsibilities pg 12
Independent Examiner Report pg 13
Statement of Financial Activities pgs 14-15
Balance Sheet pg 16
Notes to the Financial Statements pgs 17-26

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

Reference and Administrative Details

Trustees

Eve RAHMANI (Chair from 17 June 2022) Amina ISMAIL (Vice Chair from 17 June 2022) Sarah KINGUE KOUTA Natalie BAILEY appointed 21 July 2022 Ruth Michaels appointed 12 December 2022 Lee Parker appointed 28 November 2023 Kieron Phillips appointed 28 November 2023 Jacqueline Young appointed 28 November 2023

Anthony PARRY appointed 21 July 2022 – resigned 21 March 2023 Janice BUTTERWORTH appointed 5 October 2022 – resigned 20 March 2023 Moira KERRANE resigned 15 November 2022 David ALMOND appointed 21 July 2022 – resigned 30 October 2022 Jones SOKARI resigned 3 October 2022 John CARLIN (Chair) resigned 15 June 2022 Louisa SNOW (Vice Chair) resigned 15 June 2022

Centre Manager

Joanne Thomas

Registered Office

199-201 Grove Street Deptford LONDON SE8 3PG

Registered Company Number

03924401

Registered Charity Number

1084224

Independent Examiner

Tom Wilcox FCIE– Counterculture Partnership LLP Unit 115 Ducie House, Ducie Street, Manchester, M1 2JW

Bankers

CAF Bank Limited, 25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ HSBC Bank PLC, Greenwich Branch, 275 Greenwich High Road, LONDON, SE10 8NF

2000 Community Action Centre website

www.2000cac.org

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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 2023.

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 December 2017 (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

2022-2023 has again proved to be another difficult year for the charity, not least due to resignations from the Board for health reasons, and the sudden, sad passing of one of our long-standing trustees, Moira Kerrane. We continue to seek volunteers from the community with the commitment, experience, and skills to add value to our Board.

The energy and cost of living crisis continues to have a devasting impact on our community, with residents living in overcrowded social housing, many on welfare benefits, experiencing food and fuel poverty, with the added mental, physical, and financial issues left by the pandemic, increasing the need for our services. The charity’s aim to develop the centre into a financially sustainable, community hub is more important than ever, to address these issues and inequalities.

With the reduction in local authority funding, lack of core cost recovery from project grants and increased overheads, we are constantly facing funding challenges, requiring a continued focus on identifying fundraising opportunities, to support our activities and supplement our facilities hire income.

We need substantial core funding to continue our important work in supporting our community. With sufficient core staffing and overhead funding support in place, we can ensure that we can provide reliable, regular, consistent services, whilst continuing to develop, extend and adapt our projects and activities to meet the changing needs of our community.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

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 five 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.

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.

OBJECTIVES AND ACTIVITIES

Charitable Objectives

The objectives for which the Charity was established are:

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

OBJECTIVES AND ACTIVITIES continued

Activities

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, providing a weekly service for members to access an approx. £25 shopping basket per household each week, where they can choose from options containing all food groups necessary for a healthy, balanced diet, for a £3.50 weekly membership fee.

We receive surplus food deliveries via foodbank projects, along with local food donations, grant support and private individual donations, enabling us to purchase additional provisions to enhance the weekly shopping offer for members.

Led by our supermarket administrator, many of our residents are both members and volunteers, helping to deliver and develop the service, taking in delivery of provision, portioning food, weekly setup and serving. We give special thanks to them for their commitment and invaluable feedback, for continuous improvement of the service.

It’s more than a community supermarket, enabling residents to engage with each other and access the Centre’s available services, including information, advice and guidance with benefits, housing, homelessness, health & wellbeing and digital inclusion.

Senior Group Activities:

Many of our senior residents have been volunteering with the centre’s community garden over the last few years, developing it into a welcoming, outdoor space for use by all visitors to the centre’s Grove café. This activity has been an opportunity for senior residents to come together, to share ideas for the community garden and make proposals for other services they would like to see the centre provide.

Funding received from Community Links enabled us to provide free seated exercise classes for our senior residents, with after class refreshments. These were well attended, and residents have requested that they are adopted as a regular service. Sessions encourage movement and exercise to improve both physical and mental health, with an opportunity for attendees to stay after class to socialise and share experiences.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

Activities continued

2. Children & Young People Services

Our CYP are given access to the Centre café 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.

Saturday workshops from August-December 2022, for 10 CYP participants, led by Romero Bryan and Associates in partnership with Goldsmiths College and Creative Futures. Initial course was for 8 sessions, and feedback was outstanding, with young people building trust and fully engaging with the project, prompting the extension of the course for a further 8 sessions.

Requested by local CYP, a basic course was devised and mentored from within the group, with 2CAC providing the facilities for weekly Thursday evening drop-in sessions.

Free weekly wellbeing sessions delivered in partnership with Partisan UK. This service is provided by Partisan qualified psychologist support workers giving young people the opportunity to talk through any issues they may have with physical or mental health, self-care, relationships and managing stress, in an informal and confidential setting for advice and support to access other services.

Our CYP want to be active and out of their homes but due to lack of funding, we were only able to provide a small programme of summer activities during August 2022 school holidays. Activities included sports, arts, games, puzzles, and mindfulness for children aged between 8-16 years, with lunch and refreshments, over a 4-week period. These activities are always well attended and we are reviewing the project to ensure we can establish a regular, and funded, program of activities during school holidays, to meet the changing needs of our community.

3. Other Services

Access for residents to the centres IT suite for online information, emailing and document printing.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

ACHIEVEMENTS AND PERFORMANCE

The pandemic recovery period over the last two years, followed by the energy and cost-ofliving crisis has had a major impact on our community, beneficiaries and the services and activities we are able to provide. The increase in physical and mental health issues, isolation, loneliness, lack of access to outdoor space or healthy food and activities, not least the financial impacts 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.

The financial consequences have reduced the local authority support available and created a far greater call on our funds, resulting in the charity needing increase our fund-raising efforts and closely monitor and reduce our costs where possible, whilst continuing to develop our service provision to adapt to the changing needs of our community.

Heritage Lottery Grant

The National Heritage Fund grant received to celebrate the 21-year heritage of the Community Action Centre on the Pepys estate, launched in Spring 2022.

A local BAME historian, with a group of our CYP volunteers, researched the estate’s heritage sites and the legacy of Olaudah Equiano, to compile and conduct walking tour guides of the estate.

We encouraged residents to submit their art, stories, and memories of the centre, and how it has changed, and supported them over the years, to create a ‘heritage wall’.

Our celebration event was held in conjunction with the Queen’s Jubilee event in June 2022, with 500+ in attendance, and gave residents another opportunity to add their reflections to the heritage wall.

The heritage wall, a video compilation of the walking tours and events, and a blue plaque are all now permanent reminders of the project, on display at the Centre.

Pepys Social Supermarket

Our community supermarket continues to grow and develop. Our successful bid to the London Community Fund enabled us to offer free membership for six months from January to June 2023 to eligible residents, along with an enhanced weekly shop, to include personal hygiene products. These items are often requested by our members but are rarely available in foodbank project deliveries received.

We will continue to listen to our members to develop the service and enhance the weekly offer with requested items, utilising individual cash donations received.

The community supermarket membership is increasing, with current weekly attendance of approx. 60 households. During 2022-2023, we have served more than 2,600 households, an average of 52 members per week.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

ACHIEVEMENTS AND PERFORMANCE continued

Healthy Activities & Food Programme

Our HAF funding application was declined last year, but utilising CYP grants received in prior years, and with careful planning, cost monitoring and the commitment of our staff and volunteers, we were able to provide a successful, smaller programme of summer activities over four weeks in August 2022 school holidays, with physical education, sports, arts, games, puzzles, and mindfulness for children aged between 8-16 years, including providing lunches and refreshments.

Community Links Wellbeing

This fund was originally awarded to provide a variety of exercise classes for all age groups, to improve health and wellbeing, after the pandemic. Unfortunately, it took time to source the appropriately skilled staff for some of these sessions, delaying the project start, and as the funders had a project end-date, it was discussed and agreed with them, that received funding could be utilised for:

The seated exercise classes have been well-received with residents requesting that they are adopted as an ongoing regular service. We will be utilising the SELCHP senior groups funding received, and the NCIL senior groups funding allocation to continue these sessions until March 2024, whilst seeking new funding to continue provision.

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, including growing produce for distribution via our community supermarket.

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 2022-2023 in support of our projects and services:

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

FUTURE PLANS

We continue to promote our venue hire to maximise use of the facilities available to us and seek funding in support of our core costs and project activities, to maintain our current services, and introduce new initiatives to deliver our charitable objectives and aims.

National Lottery

The charity is working on a 5-year business plan, to inform a National Lottery Fund application, to increase the scope of current services and, introduce previously funded successful projects, and new initiatives, as requested by the community.

A successful bid will enable the charity to strengthen its base, and plan projects with the assurance of funding, to reach more of its beneficiaries, and provide a regular and consistent programme of services and support, in line with the needs and requests of the community. The plan will introduce new initiatives over the period of the grant intended to develop into self-supporting projects or income generating activities, for funds to support the charity’s free to community services.

Pepys Social Supermarket

Despite the cost-of-living crisis, impacting our additional purchases cost, and the increase to premises overheads, we have not reduced our offer and continue to provide a selection from all food groups, necessary for a healthy, balanced diet, without increase to our membership fee.

In the knowledge that this small fee is currently too high for some residents, we will continue to seek support for this service, to enhance the weekly offer, and reduce/remove the cost to the members, where funding is available.

Senior Groups Activities

The Centre’s activities for this section of the community have increased over the last year. Senior residents want to move away from the isolation, loneliness and health issues created by the pandemic and lockdowns and are again becoming more involved in community activities.

CYP Holiday Activities

2CAC is planning to review their school holiday activities project and make improvements to enable us to provide more varied activities and education trips, focussed on school age children, and increase our attendance levels, to meet the needs of the community. We intend to provide a regular and well-resourced programme of activities with lunch provision, funded by local charitable organisations/local authorities, to ensure that the financial and childcare support that families within our community need, is available during school holidays.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

FUTURE PLANS continued

Grove Café

Despite the café cooker breaking down, beyond repair mid-2022, 2CAC has continued to provide hot snacks and refreshments for café visitors, and service our projects with lunches, using external resources. With 6-months funding from Accenture for a full-time cook, a new cooker and hood from NCIL funding, and a volunteer day and funds donated by Lendlease to clean, make repairs and decorate the café area, we will relaunch the centre’s Grove Cafe in Autumn 2023, open 5 days a week, 9-5pm, providing subsidised meals, snacks & refreshments for residents. The café will become a central hub for residents to meet socially, make use of our IT suite for online access and printing, in addition to servicing our project activities, and providing a bookable refreshments service for hirers using our hall facilities.

FINANCIAL REVIEW

2022-2023 has been an unsettled year for the charity, with many changes within the Board and difficulties with funding and resourcing projects. Despite this:

The final position for the year, is £8,345 deficit for general funds and £657 surplus for restricted funds, resulting in an overall deficit of £7,688 for the year. The general funds deficit includes £15,947 of spend against designated funds, to leave a £7,601 surplus of unrestricted funds for the year.

The total funds retained at the end of the year were £96,919 made up of £49,771 unrestricted funds and £47,148 of restricted funds. Within the total unrestricted funds, there are general funds of £34,564 and designated funds of £15,207.

Reserves Policy

The centre has a policy of maintaining 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 2023 were £34,564 accounting for approximately 4 months operating costs.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023 TRUSTEES, REPORT IINCLUDING DIRECTORS, REPORT) The trustees. report was approved by the Board of Trustees on 2811112023 Eve Rahmani Chair of Trustees 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 stste 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 con￿rn basis unless it is not appropriate to P￿sume thal 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 hen￿ for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the Maintenan￿ and integrity of the charity and financial information included on the charty's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may drffer from legislation in other jurisdictions. 2000 Community Action Centre Company Registration No.. 03924401 Charity Registration No.. 1084224 12

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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 2023 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:

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 FCIE Counterculture Partnership LLP Unit 115 Ducie House, Ducie Street, Manchester, M1 2JW

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

Statement of Financial Activities (including Income and Expenditure Account)

Notes Unrestricted Restricted Total Total
Funds Funds 2023 2022
£ £ £ £
Income
Income from:
Grants and donations 2 69,250 37,204 106,454 113,730
Charitable activities 3 64,127 - 64,127 39,320
___ __ ___ ___
Total income 133,377 37,204 170,581 153,050
___ __ ___ ___
Expenditure
Expenditure on:
Charitable activities 4 140,966 36,547 177,513 149,670
___ __ ___ ___
Total expenditure 140,966 36,547 177,513 149,670
___ __ ___ ___
Net income (7,589) 657 (6,932) 3,380
Loss on asset disposal (756) - (756) -
Transfers between funds -
___ __ ___ ___
Net movement in funds 11 (8,345)
 657 (7,688)
 3,380
___ __ ___ ___
Funds brought forward at 1 April 58,116 46,491 104,607 101,227
___ __ ___ ___
Funds carried forward at 31 12 49,771 47,148 96,919 104,607
March

_ _ ______ ___

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

Statement of Financial Activities (Prior Year) (including Income and Expenditure Account)

Notes
Unrestricted
Funds
£
Income
Income from:
Grants and donations
2
85,722
Charitable activities
3
31,339
_
Total income
117,061
_
Expenditure
Expenditure on:
Charitable activities
4
107,745
_
Total expenditure
107,745
_
Net income
9,316
Transfers between funds
-
_
Net movement in funds
11
9,316
_
Funds brought forward at 1 April
47,902
___
Funds carried forward at 31 March
12
58,116
 Restricted
Funds
£
28,008
7,981
_
35,989
_
41,925
_
41,925
_
(5,936)
-
_
(5,936)
_
53,325
__
46,491
 Total
2022
£
113,730
39,320
_
153,050
_
149,670
_
149,670
_
3,380
-
_
3,380
_
101,227
___
104,607

The company has no recognised gains and losses other than the net movement in funds for the above two financial years.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023 Balance Sheet Notes 2023 2022 Fixed a880ts Tangible assets 1,708 4,286 1.708 4,286 Current assets Debtors Prepayments Cash at bank and in hand 3,324 858 108.567 203 1.551 113,673 112,749 115,427 Current liabilities Creditors Accruals (8,162) (9,376) (5,887) (9.219) (17,538) (15,106) Net current Iliabilities) l assets 95,211 100,321 Total net assets 96,919 104,607 Funds Restricted Designated Unrestricted 12 12 12 47,148 15,207 34.564 46,491 31,153 26,963 Total Funds 12 96,919 104,607 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 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. The financial statements were approved by Trustees on 2811112023 Eve Rahmani Chair of Trustees Natalie Bailey Trustee 2000 Community Act•)n Centre Company Registration No.. 03924401 Charity Registrabon No.. 1084224 16

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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 reviewed the charity’s forecasts and projections, and with a focus on increasing its fundraising efforts, 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.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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:

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

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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.

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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.

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

20

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

2) Grants and Donations Unrestricted
Restricted
Total
Funds
Funds
2023
Grants - 2023 £
£
£
LB Lewisham – Premises Lease Donation in Kind 27,500
-
27,500
LB Lewisham – Designated - NCIL Grant 33,750
-
33,750
LBL NCIL – Evelyn Parents Forum -
5,670
5,670
Rushey Green Time (Warm Welcome) -
2,034
2,034
Community Links Wellbeing Grant -
7,500
7,500
Benevity Charitable Giving (Accenture) -
10,000
10,000
London Community Fund -
10,000
10,000
Outdoor Cinema (Electric Cycles) -
1,000
1,000
GOFUNDME Donations (Community Supermarket) -
430
430
Other – Private Donations 8,000
570
8,570
___ __ __
Total Grants 69,250
37,204
106,454
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

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

21

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

3) Income from charitable activitiesUnrestricted
Funds
£
Café Income
8,214
Charges for Facilities (Hall Hire)
47,712
Community Supermarket
8,201
TRA Events Income
-
_
64,127
_
4) Cost of charitable activities - 2023
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 - 2022

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
FundsTotal 2023
£
£
-
8,214
-
47,712
-
8,201
-
-
___
-
64,127
_
_
Unrestricted
Funds
Restricted
Funds
£
£
75,145
5,579
27,500
-
11,191
3,000
2,994
-
-
27,106
3,979
862
2,578
-
396
-
14,761
-
600
-
1,822
-
___
_
140,966
36,547
_
_
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
_____
__		 Total 2022
£
2,880
20,630
7,829
7,981
_
39,320
___
Total
£
80,724
27,500
14,191
2,994
27,106
4,841
2,578
396
14,761
600
1,822
__
177,513
__
Total
£
54,560
27,500
19,638
987
19,916
5,774
2,711
331
15,831
600
1,822
_
149,670
__

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

22

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

5) Trustee remuneration

No expenses were paid to the trustees during the year (2022: £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 (2022: none).

6) Tangible fixed assets

6) Tangible fixed assets
Computer
Equipment
Plant &
Machinery
£
£
Cost
At 1 Apr 2022
25,317
17,999
Additions
-
-
Disposals
(3,024)
-
Transfer/Write Offs
(15,670)
(17,999)
_
_
At 31 March 2023
6,623
-
Accumulated
depreciation at 1 Apr 2022
23,387
17,999
Charge in year
1,103
-
Eliminated on disposal
(2,268)
-
Transfer/Write Offs
(15,670)
(17,999)
_
_
At 31 March 2023
6,552
-
Net book value
_
_
At 31 March 2023
71
-
_
__
At 31 March 2022
1,930
-
______
_
7) Debtors
Trade debtors
Prepayments and accrued income
8) Creditors: amounts falling due within one year
Trade creditors
Other creditors
PAYE and other taxes
Accruals and deferred income		 Furniture &
Fittings
£
17,168
-
-
17,467
_
34,635
14,812
719
-
17,467
_
32,998
_
1,637
_
2,356
_
2023
£
3,324
858
___
4,182
_
2023
£
4,916
-
3,246
9,376
___
17,538







Total
£
60,484
-
(3,024)
(16,202)
_
41,258
56,198
1,822
(2,268)
(16,202)
_
39,550
_
1,708
_
4,286
_
2022
£
203
1,551
_
1,754
_____
2022
£
2,531
489
2,867
9,219
__
15,106
____
_
___




2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

23

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

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
Pension costs
The average number of employees during the year was: 6
Charitable activities
Management and administration of the charity
Total		 _ 2023
£
1,822
600
2023
£
78,848
1,876
__
80,724
__
2023
Number
4
2
__
6
 2022
£
1,822
600
2022
£
53,381
1,179
_
54,560
_
2022
Number
4
2
___
6
_
_

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 £23k (2022: £21k)

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

24

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

11) Movement in Funds Balance at Incoming Outgoing Transfers Balance at
01/04/2022 resources
resources		 31/03/2023
Restricted funds: £ £ £ £ £
Outdoor Cinema 1,200 1,000 1,200 1,000
SELCHP Senior Groups Funding 1,830 - - 1,830
Community Garden Funding 984 - 290 694
Deptford Challenge Trust 5,579 - 5,579 -
Masks for Extraordinary
People 6,500 6,500
Community Waves 2,997 - 1,234 1,763
Rushey Green Time - -
Fareshare(Café/Supermarket) 501 501
Saturday Foodbank 1,000 1,000
Healthy Activities & Food
Project 1,560 - 1,560 -
Heritage Lottery Fund 10,000 - 8,605 1,395
Charities Aid Foundation 100 100
LBL NCIL - Evelyn Parents
Forum - 5,670 - 5,670
Community Links Wellbeing - 7,500 7,250 250
Benevity Charitable Giving
(Accenture) - 10,000 - 10,000
London Community Fund - 10,000 2,999 7,001
Rushey Green Time (Warm 1,566
Welcome) - 2,034 468
GOFUNDME Donations 6,653 430 3,000 4,083
Other – Private Donations 4,087 570 862 3,795
TRA Event Funding 3,500 - 3,500 -
Total restricted funds 46,491 37,204 36,547 47,148
___ ___ ___ ___ ___
__ __ __ __ __
Unrestricted funds 58,116 133,377 141,722 49,771
___ ___ ___ ___ ___

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

25

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2023

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

11) Prior Year Movement in Balance at Balance at
Incoming
Incoming
Outgoing
Transfers
Transfers		 Balance at
Funds 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
___ ___ ___ ___ ___
12) Analysis of net assets between Unrestricted
Designated
Restricted
Total 2023
funds Funds Funds Funds
£ £ £ £
Tangible fixed assets 1,708 - - 1,708
Current assets 46,708 16,407 49,634 112,749
Current liabilities (13,852) (1,200) (2,486) (17,538)
___ ___ __ __
34,564
___
15,207
46,878

___
__		 96,919

__

13) Related party transactions

The trustees believe that there are no related party transactions to disclose (2022: none).

2000 Community Action Centre Company Registration No: 03924401 Charity Registration No: 1084224

26