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2024-03-31-accounts

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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

Trustees’ Report and Unaudited Accounts for year ended 31 March 2024

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 2024

Contents
Reference and Administrative Details pg 3
Trustees Report (including Director’s Report) pgs 4-11
Structure & Governance pgs 5
Objectives & Activities pgs 5-8
Achievements & Performance pgs 8-9
Acknowledgements pg 9
Future Plans pg 9
Financial Review & Reserves Policy pgs 10
Statement of Responsibilities pg 11
Independent Examiner Report pg 12
Statement of Financial Activities pgs 13-14
Balance Sheet pg 15
Notes to the Financial Statements pgs 16-25

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

Reference and Administrative Details

Trustees

Imani HARRISON appointed 4[th] October 2024 Pauline HARTE appointed 4[th] October 2024 Kieron PHILLIPS appointed 4[th] October 2024

Natalie BAILEY resigned 4th October 2024 Amina ISMAIL resigned 1st June 2024 Sarah KINGUE KOUTA resigned 4th October 2024 Ruth MICHAELS resigned 8th July 2024 Lee PARKER appointed 28th November 2023 – resigned 3rd July 2024 Kieron PHILLIPS appointed 28th November 2023 – resigned 6th September 2024 Eve RAHMANI resigned 4th October 2024

Jacqueline YOUNG appointed 28th November 2023 – resigned 26th July 2024

Centre Manager

Joanne Thomas

Registered Office

199-201 Grove Street Deptford LONDON SE8 3PG

Registered Company Number

03924401

Registered Charity Number

1084224

Independent Examiner

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

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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 2024.

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

2000 Community Action Centre had yet another difficult year, in terms of increased running costs and lack of grant funding opportunities, and more recently, with personal issues impacting the amount of time and availability the Board were able to make themselves available, to address issues and make decisions. After much deliberation, and to ensure that the charity has a Board that is engaged and focussed on the future of the charity, the previous Board resigned, and the current Board of three new trustees, was appointed, in early October 2024.

The impact of austerity measures, increased core costs, and the decline of unrestricted income from hall hire, during the same period, the charity has been required to review and closely monitor all its costs, whilst increasing its fund-raising efforts, to ensure continued service provision. Ordinarily, the charity’s unrestricted income would support its core costs and overheads, to ensure that specific and restricted grant income, was utilised to provide additional activities and projects. Unfortunately, the reduction in unrestricted income in recent years, along with increased core costs, coupled with a lack of grant opportunities, means that the year-end position has again impacted reserves. The new Board recognises that they need to work closely with Centre management to ensure continuity of services and activities, to address the rise in the needs for guidance and advice on matters such as food and fuel poverty, benefit advice, employment and housing issues faced by the community of Evelyn Ward.

The Management Committee is continuously reviewing its charitable aims and objectives to provide an overarching programme to meet identified needs. 2000 Community Action Centre’s continued approach is for community led engagement and support, with a track record of 'birth to grave' service delivery, working with statutory and local organisations to put in place free to access services, providing much needed support. We know that for many, the services we deliver are a lifeline, and the removal of any of the support that the charity offers, could result in further exclusion and deprivation for our beneficiaries.

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

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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 three 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 takes 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:

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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:

It is recognised that many residents are reluctant to engage due to the stigma attached to food poverty and, with the help of our volunteers, we continue to develop our supermarket model into a more personal dignified service, with a wider choice of options. Our membership has remained consistent, serving 2,250 residents annually. Our weekly service provides access to an approx. £25 shopping basket per household, where they can choose from options containing all food groups necessary for a healthy, balanced diet, for a £3.50 weekly membership fee.

Weekly surplus food deliveries are received via the Felix Project / City Harvest, along with local donations and grant support which enables purchase of additional provisions, to further enhance the choice of options available to members.

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.

Our wrap around service enables residents to engage with each other for the sharing of information and experiences, whilst promoting the Centre’s other available services, including information, advice and guidance with benefits, housing, homelessness, health & wellbeing and digital inclusion.

Foodbank:

The Centre continues to provide a free weekly foodbank service, from food donations received, for those residents without recourse to public funds, and those in need of emergency assistance.

Skills & Employment:

Individual & small group support to share, develop and increase local skills; CV writing; sharing and promotion of volunteering opportunities, to embed skills.

Health & Wellbeing:

Provision of activities for our senior & vulnerable residents to reduce isolation and loneliness, to include wellbeing advice, seated exercise sessions and domino group meetings.

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

Activities continued

2. Children & Young People Services

Education & Personal Development:

Delivery of after school sessions with supplementary education programme, to plug the gap of the educational disruption caused by COVID-19. Support is given to increase attainment in schools, and develop social skills to improve resilience, and reduce anxiety and potential conflict.

Wellbeing support for young people:

Free weekly wellbeing sessions delivered in partnership with Partisan UK, to support young people and their families. This service is provided by Partisan qualified psychologists support workers providing opportunities to talk through any physical or mental health issues, provide support & advice regarding self-care, relationships, financial problems and managing stress, in an informal and confidential setting, signposting where necessary to other services.

Safe Haven & XLP partnership:

Our CYP are given access to the Centre 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. Further partnership development to include fortnightly mini shop (aimed at families not PSS members), hot takeaway provisions, development of winter access to the hall, potentially delivering additional CYP activities.

Holiday Activities:

Provision of a wraparound family support service all year round. Successful programme of summer activities delivered over four weeks in July/August 2023. We registered more than 60 children, delivering 8 hours per day of activities, with lunch & snacks, including off-site leisure trips. Service addresses food poverty (breakfast / food parcels); and provides inclusive meaningful activities to stimulate creativity and focused play. These activities are always well attended and we would like to establish a regular, funded program of activities during all school holidays, to meet the changing needs of our community. We will continue to seek funding to provide this muchneeded service.

Lone Parenting Activities:

Provision of games evenings for lone fathers and their children offering board & card games suitable for all ages. Encouraging friendly competition, teamwork, social interaction and laughter.

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

Activities continued

3. Other Services

Information, advice, guidance:

To assist with food & fuel poverty, housing, homeless support, welfare benefits (Universal Credit, PIP), advocacy, money management, and signposting to support agencies, where necessary.

Digital Inclusion Access:

Quality technical support, assisting people to safely access online essential services, staying connected to vital support services, and usability for the most vulnerable and disadvantaged, to include users with disabilities.

ACHIEVEMENTS AND PERFORMANCE

The continuing cost-of-living crisis has had a major impact on our community, beneficiaries and the services and activities we are able to provide. Local authority support and grant funding opportunities have reduced in recent years, together with a greater need from local organisations.

The increase in physical and mental health issues, isolation, loneliness, lack of access to outdoor space, healthy food and activities, and the financial impacts on an already disadvantaged and under-resourced community, makes the services we provide, more important than ever, to ensure that our community can rely upon us for much-needed local support.

Like many organisations engagement with a wider range of potential beneficiaries is of utmost importance. Many are in need, but are either reluctant to request help, or may not be aware of what help is available. The successful engagement through new avenues is always encouraging. The need for us, as a central hub offering the opportunity for residents of all ages to engage, socialise, learn and access key support services, has created a far greater call on our funds, and we recognise that we must increase our fund-raising efforts and closely monitor and reduce our costs where possible, to continue to develop our service provision to adapt to the changing needs of our community.

Pepys Social Supermarket : Our community supermarket continues to grow and develop, and due to the continuing cost of living crisis, many of our previous members are returning, enabling them to access the wrap around services on offer. 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.

Safer Neighbourhood Assembly Meeting : first meeting delivered in October 2024 and was well attended.

Sewing Classes : adult beginner taster classes were oversubscribed, proving very popular. A programme is being developed to include continued sewing skills for beginners (with sewing machine use), clothes making and mending projects.

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

ACHIEVEMENTS AND PERFORMANCE continued

Cross Borough Delivery : 2CAC / Re-Gen collaboration with Rose Court Care Home. Our Grove Café, on behalf of Re-Gen, providing cakes for their Afternoon Tea Event.

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 2023-2024 in support of our projects and services:

FUTURE PLANS

The Management Committee with the support of its partners, staff and residents of Evelyn Ward are continuously reviewing its day-to-day operations and seeking innovative ways to efficiently deliver an increased programme of services and activities.

We continue to review our unrestricted income from hall hire charges and cafe income, to ensure maximisation of use of facilities available to us. We want to create a balance of free to access and subsidised activities and services. Promotion of the centre for public training and group meetings.

We have made applications for funding from 2024/2025 NCIL, Weavers and Morrison supermarkets. If successful, it will enable 2CAC 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 Evelyn Ward.

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

TRUSTEES’ REPORT (INCLUDING DIRECTORS’ REPORT)

FINANCIAL REVIEW

The charity has had yet another difficult year with unsuccessful funding bids, reduction in hall hire bookings and ever-increasing operational costs for the centre, impacting the services and activities we can provide. Unfortunately, many of our Board have also had personal issues to deal with, preventing them from being able to commit sufficient time to provide the support and strategic direction required to focus on improving our funding opportunities and implement new plans. As a result, restricted funding balances brought forward are all but spent, income targets have not been achieved, and increased costs have made inroads into the charity’s limited reserves.

The final position for the year, is £18,110 deficit for general funds and £39,403 deficit for restricted funds, resulting in an overall deficit of £57,513 for the year. The general funds deficit includes £21,313 of unrestricted funds for the year, and a 3,203 surplus of designated funds.

The total funds retained at the end of the year were £39,406 made up of £31,661 unrestricted funds and £7,745 of restricted funds. Within the total unrestricted funds, there are general funds of £16,945 and designated funds of £14,716.

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 2024 were £31,661 accounting for approximately 3 months operating costs.

The trustees’ report was approved by the Board of Trustees on //2024 20/12/2024

……………………………………………………….

Chair of Trustees

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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:

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 2024

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 2024 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.

Counterculture Partnership LLP Bank Chambers Main Street Hawes North Yorkshire DL8 3QL

21 December 2024

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

Statement of Financial Activities (including Income and Expenditure Account)

Notes Unrestricted
Funds
£
Income
Income from:
Grants and donations
2
76,750
Charitable activities
3
59,113
___
Total income
135,863
___
Expenditure
Expenditure on:
Charitable activities
4
153,973
___
Total expenditure
153,973
___
Net income
(18,110)
Loss on asset disposal
-
Transfers between funds
___
Net movement in funds
11
(18,110)
___
Funds brought forward at 1 April
49,771
___
Funds carried forward at 31
March
12
31,661		 Restricted
Funds
£
17,583
-
__
17,583
__
56,986
__
56,986
__
(39,403)
-
__
(39,403)
__
47,148
__
7,745		 Total
2024
£
94,333
59,113
___
153,446
___
210,959
___
210,959
___
(57,513)
-
___
(57,513)
___
96,919
___
39,406		 Total
2023
£
106,454
64,127
_
170,581
_
177,513
_
177,513
_
(6,932)
(756)
_
(7,688)
_
104,607
___
96,919

_ _ ______ ___

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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

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

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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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

Balance Sheet
Notes 2024 2023
£ £
Fixed assets
Tangible assets 6 8,052 1,708
__ __
8,052 1,708
Current assets
Debtors 7 5,132 4,182
Cash at bank and in hand 55,599 108,567
__ __
60,731 112,749
Creditors
Amounts falling due within one year 8 (29,377) (17,538)
__ __
Net current (liabilities) / assets 39,406 96,919
__ __
Total net assets 39,406
__		 96,919
__
__ __
Funds
Restricted 12 7,745 47,148
Designated 12 14,716 15,207
Unrestricted 12 16,945 34,564
__ __
Total Funds 12 39,406 96,919
__ __

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.

For the year ended 31 March 2024 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 //2024 20/12/2024

………………………………… ……………………………………

Chair of Trustees Trustee

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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 is aware that with NCIL funding ending in June 2024 and limited residual project balances, it is likely that reserves will be impacted. They believe that with a concentrated focus on eligible funding, close monitoring of its costs, and the continued support from our community, staff and volunteers, that the charity can 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 2024

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 2024

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 2024

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.

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

2) Grants and Donations Unrestricted
Restricted
Total
Funds
Funds
2024
Grants - 2024 £
£
£
LB Lewisham – Premises Lease Donation in Kind 27,500
-
27,500
LB Lewisham – Designated - NCIL Grant 45,250
-
45,250
Rushey Green Time (Warm Welcome) -
5,000
5,000
Rushey Green Time (Food Justice) -
2,700
2,700
Lendlease Grant -
6,300
6,300
Caring Family Foundation -
3,185
3,185
Other – Private Donations 4,000
398
4,398
___ __ __
Total Grants 76,750 17,583 94,333
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

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2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

3) Income from charitable activitiesUnrestricted
Funds
£
Café Income
10,518
Charges for Facilities (Hall Hire)
37,212
Community Supermarket
11,383
_
59,113
_
4) Cost of charitable activities - 2024
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 - 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
 Restricted
FundsTotal 2024
£
£
-
10,518
-
37,212
-
11,383
___
-
59,113
_
_
Unrestricted
Funds
Restricted
Funds
£
£
76,665
9,053
27,500
-
26,961
2,397
5,246
1,125
-
39,185
-
5,226
2,917
-
386
-
12,398
-
600
-
1,300
-
___
_
153,973
56,986
_
_
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
_____
__		 Total 2023
£
8,214
47,712
8,201
_
64,127
___
Total
£
85,718
27,500
29,358
6,371
39,185
5,226
2,917
386
12,398
600
1,300
__
210,959
__
Total
£
80,724
27,500
14,191
2,994
27,106
4,841
2,578
396
14,761
600
1,822
_
177,513
__

21

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

5) Trustee remuneration

No expenses were paid to the trustees during the year (2023: £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 (2023: none).

6) Tangible fixed assets

Computer
Equipment
Plant &
Machinery
£
£
Cost
At 1 Apr 2023
6,623
-
Additions
-
-
Disposals
-
-
Transfer/Write Offs
-
-
_
_
At 31 March 2024
6,623
-
Accumulated
depreciation at 1 Apr 2023
6,552
-
Charge in year
71
-
Eliminated on disposal
Transfer/Write Offs
-
-
_
_
At 31 March 2024
6,623
-
Net book value
_
_
At 31 March 2024
-
-
_
__
At 31 March 2023
71
-
______
_
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		 Furniture &
Fittings
£
34,635
7,644
-
-
_
42,279
32,998
1,229
-
_
34,227
_
8,052
_
1,637
_
2024
£
5,132
-
___
5,132
_
2024
£
15,988
-
8,278
5,111
___
29,377		 Furniture &
Fittings
£
34,635
7,644
-
-
_
42,279
32,998
1,229
-
_
34,227
_
8,052
_
1,637
_
2024
£
5,132
-
___
5,132
_
2024
£
15,988
-
8,278
5,111
___
29,377







Total
£
41,258
7,644
-
-
_
48,902
39,550
1,300
-
_
40,850
_
8,052
_
1,708
_
2023
£
3,324
858
_
4,182
_____
2023
£
4,916
-
9,376
3,246
__
17,538
____
_
___


22

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

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: 3.6
Charitable activities
Management and administration of the charity
Total		 _
_
 _
2024
£
1,300
600
2024
£
84,301
1,417
__
85,718
_
2024
Number
1
2
__
3
__		 _
2023
£
1,822
600
2023
£
78,848
1,876
_
80,724
_
2023
Number
2
2
_
4
___
_
_

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

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 £29k (2023: £23k)

23

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

11) Movement in Funds Balance at Incoming Outgoing Transfers Balance at
01/04/2023 resources resources 31/03/2024
Restricted funds: £ £ £ £ £
Outdoor Cinema 1,000 1,000
SELCHP Senior Groups Funding 1,830 1,830
Community Garden Funding 694 694
Masks for Extraordinary
People 6,500 6,500
Community Waves 1,763 1,763
Fareshare(Café/Supermarket)
501		 501
Saturday Foodbank 1,000 1,000 1,000
Heritage Lottery Fund 1,395 500 895
LBL NCIL - Evelyn Parents
Forum 5,670 5,670
Community Links Wellbeing 250 250
Benevity Charitable Giving
(Accenture) 10,000 10,000
London Community Fund 7,001 7,001
Rushey Green Time (Warm 1,566 5,000 6,566
Welcome)
Lendlease Grant 6,300 6,300
Caring Family Foundation 3,185 3,185
Rushey Green Time (Food 2,700 2,700
Justice)
GOFUNDME Donations 4,083 4,083
Other – Private Donations 3,795 398 2,526 (100) 1,767
Charities Aid Foundation 100 100 -
__ __ __ __ __
Total restricted funds 47,148 17,583 56,986 - 7,745
Unrestricted funds 49,771 135,863 153,973 - 31,661
___ ___ ___ ___ ___

24

2000 Community Action Centre Annual Report and Financial Statements For year ended 31 March 2024

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

11) Prior Year Movement in Balance at Balance at
Incoming
Incoming
Outgoing		 Transfers Transfers Balance at
Funds 01/04/2022
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 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
___ ___ ___ ___ ___
12) Analysis of net assets between Unrestricted
Designated
Restricted		 Total 2024
funds Funds Funds Funds
£ £ £ £
Tangible fixed assets 8,052 - - 8,052
Current assets 38,270 14,716 7,745 60,731
Current liabilities (29,377) - - (29,377)
___ ___ __ __
16,945
___
14,716
7,745

___
__		 39,406
__

13) Related party transactions

The trustees believe that there are no related party transactions to disclose (2023: none)

25