Docusign Envelopg10.' EC5A4BC4-E1 FF43A1-B489-SB5971BDBCD3 Charity Registratlon No. 1086393 Company Registration No. 04055338 (England and Wales) LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023
Docusign Envelop610.. EC5A4BC4-E1 FF43A1-B489-5B5971808C03 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr N Doffman {appoInd 29 September 2024) Mr N Henry Mr M Blane Mr B Miller (resigned 5 July 2024) Chief Executlve Mr R Frnnklin (appolnted August 2023) Mr N Taylor (resigned l August 2023) Company Secretary Mr P Darnell (appointed 12 February 2024) Mr B Shine (resigned 12 February 2024) Charlty number: 1086393 (England and Wales) Company numbér 04055338 (England and Wales) Principal address 333 Edyare Road Floor 3 London NW9 6TD Rezistered Office 333 Edgware Road Floor 3 London NW9 6TD Audltors Cohen Arnold New Burlingcon House 1075 Finchley Road London NWI I OPU Bankers Uoyds TSB Floor 40 Spring Garden5 Manchester M2 IEN
Docusign Envelopa ID.. Ec5A4Bc4-E1FF43A1-B48Bs9T1BD8cD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) CONTENTS Page Trustees, Annual Report Independent auditor's report Statement of financlal attivities 8alan¢e sheet Srarement of cashflows 10 Notes to the accounts
Docusign Envelopa ID.. EC5A4BC¥E1 FF43A1-B48SB59718DBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Charlty Information The Tnjstees present theSr annual report and the financial statements for the year ended 31 December 2023. The accounts have been prepared in accordance with the accounting policies Set out in note I to the accounts and comply with Langdon Community's Memorandum and Articles of Assoclatlon, the Companies Act 2006, the Charities Act 2011 and the Charitie5 SORP IFRS102). Reference and administratlve detalls Langdon Community is a registered charlty (No. 1086393) and a company limited by guarantee and not having share capital (No. 04055338) Ihe registered office is a$ shown on the legal and administrative Informacion page. Tlie Trustees at the date of th15 report are as follows: . Mr N Doffinan Mr N Henry Mr M Blane The Monagcmcnt Teom of tho Charity is: Mr R Fran1n Mrs H Sowa M5 N Ramgutty Ms C Rayner Chief Execucive Director of Operdtions Reglstered Manager - Supported Living Ed8warelBorehamwood Reglstered Manager - Supported Living Manchester The external adviser5 of Langdon Community are as set out on the legal and adminlscratlve Information page. Strueturep governan¢e Rnd management Langdon Communlty wa5 incorporated and established Memorandum and Articles of Association on 18th August 2000. They were amended in May 2007 and again in March 2011. The Board of Trustees is re5pon5ible for the overall governance of Langdon Comrnunity a5 a charlty. There are no indlvidual subscriptions or other sums payable by Members. On l August 2023, Langdon Foundatlon (the 501e member of Langdon Community) merged with Kisharon to form the KlsharonLangdon Group. The management of the charity and regulatory compliance Is delegated to the Chief Executive and an effectlve partnership exists with the Chairperson of the Bgard. Current Developments As at 31 August 2024 the operations (staff. as5et5 and liabllitie5) of Langdon Community were transferred through TUPE to Ki5haronLangdon, the core operating chariry of the KlsharonLangdon Group. It is the intention to close Langdon Community in the near future.
Dctusign Envalope10.' EC5A4BC4-E1 FF43A1-B4895B5971 BDBCD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Structure. governance and management (contlnued) Corporate governance Processes are in place to ensure that performance is monitored and that appropriate management information is prepared and reviewed regularly by both the Chalrperson and the Management Board. Specific areas of responsibility are delegated to Trustee5 covering the main areas of operation of the Charity and in maintaining the Charitable Objects of the organisation. Systems of internal control are designed to provide reasonable assurance against material misstatement or loss. They include.. an annual budget approved by the Trustee5; regular conslderation by the Trustees of general budget performance delegation of day-to-day management and regulatory compliance authority: and Identification and management of risks. Oblective$, actlvltles, achievements and performan¢e Langdon Communlty's declared objectlves are.. 'The relief of individuals with special educational needs or mental illness and other associated difficultles including by the provision of education and through the provision of support w their families and (save for purposes incidental and ancillary to those objects), no other purposes. The Charity shall be established in accordance with che tenets of the Jewish religion" The Langdon Community misslon statement 15: 'Langdon Community seeks to provide supporr to enable young Jewish adults with learnlng difficultiesldlsabilltle5 to d¢termine and maintaln i life5ryle of their ovm choosing which affords digniry, fuifilmenc and individual status and maximises their potenrlal for independence in the wider ¢ommunlty" "The Communlty $¢eks to empower and enable people co ¢nloy lifescyles, whlch are age, culture and needs appropriate" The prlncipal artivltles of Langdon Communlty are to achieve these objects through the dellvery of Supported Llving Services and an Employment Service. In Ilne with available guidance the Chariry'5 Strdtegic planning Is based on deliverlng a range of supports and Services within the followlng key areas.. Support & Care Employment & Further Education Housing related support jewish Culture Organisational Development This year's prlncipal activitie5. objectives and achlevements are provided In the Group's consolidated accounts, The Langdon Foundation. The key area5 for Langdon Communlry are summarised below. Our Supported Living service now supports 108 people (105 in 2022) and we also 5UPPOrt 12 people through our Outreach service (12 in 2022). New Chapters 15 established in Harrow as a social enterprise Selling second handbooks through Amazon. Thi5 provides an environment for our people with a learning disabiliry to develop work-based ski115 enabling them to then move to work with an employer.
Docusign Envelo ID.. EC5A4Bc4-ElFF43A1-B48SB59TIBDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 Langdon's Brady Clubs give Jewlsh youth in three dlfferent age groups (9-11, 12-18 and 19 plus) with learning disabiliues, the opportuniry to meet new people, make friends and have fun. The club5 give young people the opportunity to be involved in the planning of thelr progrnmmes and give input into the running of their youth groups. Langdon Community continues to arrange and support people on self-funded vacations. Flnancial review, management pollcies and results for the year The Statement of Financial Accivities (SOFA), set out on page 8, shovts that Langdon Communiry had income of £4.797,T15 (2022.. £4,405,417) of which £5,028,123 (2022: £4.555.941) was paid out on expenses, leaving a deficit of £230.348 (2021. £150,524). Prlncipal sources of fundlng Olrecc care and support of resldents 15 funded by the respectlve home Local Authorlrle5 for each Indlvldual. This constitutes the great majority of the Charity's income. Reserve$ As noted above, on 31 August 2024 the operations of Langdon Communlty (Including staff. assets and liabilities) were transferred co KisharonLangdon. Langdon Community Is now dorniant. At 31 December 2023. Langdon Communiry had unrestricted balance sheet fixed assets and net liquid assets of £2.063.665 (2022: £1,911.0091, with liabilitie5 due of £951595 (2022.. £569,591), leaving the total financial reserves at £ 1.111,070 (2022.. £1.341,417). The charity had a free reserve of £984,463 (2022.. £1,283.664) after allowing for £112,699 of restricted reserves {2022: 142,213) and £13.908 (2022: £1 5,541) of tangible fixed assets. The Langdon Foundation has issued a letter of sUPPOrt to the charity. Connected charltles Langdon Communiry 15 part of the KisharonLangdon Group Publlc benellt The Trusiees have complied wlth their duty in Section 17 of the Charities Act 201 I to have due regard to the guidance published by the Charity Commission. The benefit to the public is manifestly demonstrnted by the achievements contained in this report, all of which seeks to extend and improve the care of young people wh05e life chances. aspirarions and concributlons to 50Ciety wlll be enhanced as a result, Rl$k management Rl$k$ are identifled and assessed at an operational, project and corporate level. against the agreed aims and objecrives of the Charity. We have identified 2 significant risks tha¢ face the charity. The maintenance of financial stability is at risk as the Chariry's income 15 primarily in the form of care packages whidi are being squeezed by current government policy. We regularly review our cash p051tion and forecast and the Group ha5 a borrowing facility in place. We have a robu5C budgeting process and a re-forecasting cycle. There is a risk that our quality of servlce may fall and affect the Safety and wellbeing of the people we Support. We have a rigorou5 ongoing training program and regular review with care staff to ensure that our people and processes are working effectively. Wage inflation 15 a noted risk and support seen In 2023 from several Local Authorities has given some early protection in thls regard.
Docusign Envelope ID.. EC5A4BC4-E1 FF43A1-B485Bs971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 D15cIosure of Informatlon to audltor5 Each of the Trustees has confirmed that there Is no information of which they are aware which 15 relevant to the audit. but of which the audltor is unaware. They have each further confirmed that they have each taken appropriate steps to identlfy such relevant information and to estsbli5h that the auditor5 are aware of such Information. Trustees. re5pon$ibilitles In relation to the flnancial statements The Charity's Trustee5 (who are also the directors of Langdon Communiry for the purposes of company law) are responsible for preparing a trustees. annual report and financial statements in accordance with applicable law and United Klngdom Accounting Standards (Unlted Kingdom Generally Accepted Accounting Practice) includlng FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" Company law r¢qulres the Charity Trustees to prepare financial statements for each year whlch give a true and fair view of the state of affairs of the charitable company and of the incomlng resources and appllcitlon of resour¢¢s, Including the Income and expendlture, of the charitable company for that perlod. In preparing the financial statements. rhe trustees are requlred to: select sultable accountlng polScles and then apply them consistendyi obseThe the method5 and prlnciples in the Charities SORP (Statement of Recommended Prattice): make judgements and estimates that are reasonable and prudenL state whether applicable UK accounting Standards have been followed. subject to any material departures dlsc105ed and explained In the financial stafements; prepare the flnancial Statements on the going concern basls unless It Is Inapproprlate to presume that the Charlty wlll contlnue in business. The trustees are re5ponslble for keeping proper accountlng records (hat dlsclose with re#sonAble accuracy ar any tlme the financial position of the Charity and to enable them to ensure Chat the financial statements comply wich the Companie5 Act 2006 and the Chariry's constitution. They are also responsible for safeguarding the assets of the Charlry and the group and hence taking reasonable Steps for the prevention and detection of fraud and other irregularities. Thi5 report has been prepared in accordance with the special provisions of the Companies Act 2006 relating to small companie5. On behalf of the board of Trustees Sl9n•d by.. ?DQBDfj4F36ID422... Mr N Doffman Trustee 30 October 2024
Docusign Envelope ID.. EC5A4BC4-E1 FF43A1-B489-5B5971 BDBCD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LANGDON COMMUNITY Independent Auditor's Report to the Members of Langdon Community Opinlon We have audited the financial statements of Langdon Community (the charitable company,) for the year ended 31 December 2023 which comprise the Statement of Financial Att¢vities. Balance SheeL Statement of Cash Flows and notes to the financial statement5. including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). Iii oui. opliiiui) Il)e fiiiaiiLidl sldL¥iTieiiLs.' glve a true and fair view of the state of the charitable company's affairs as at 31 December 2023 and of the its income and expenditur< for the year then ended., have been properly prepared In accordance with Unlted Kingdom Generally Accepted Accounting Prattice; and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinlon We conducted our audlr In accordance with Internadonal Standard5 on Audlting (UK) {ISAs (UK>) and applicable law. Our responslbillties under those standards are further described In the Audltor's responsibilities for the audit of che financlal ststements sectlon of our reporL We are Independent of the charitable company in accordance with the ethical requirements that are relevant to our audlt of the financial statements in the UK. IncludSng the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibllicies in accordance with chese requirements. We believe that the audlt evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements. we have concluded that the trustee's use of the going concern basis of accounting in the preparacion of the financial statements is appropriate. Based on the work we have performed, we have not Identified any material uncertaintle5 relating to events or conditions tha4 individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve month5 from when the financial statemenc5 are authorised for l$sue. Our responsibilities and che responslbllldes of the trustees wlth respect to golng concern are descrlbed In the relevanr Sections of this reporL Other informatlon The trustees are responsible for the other information contained within the annual report. The other information comprises the information included in the annual report other than the flnancial stacements and our auditor's report thereon. Our opinlon on the financial stacement5 does not cover the other information and. except to the extent otherw15e explicitly stated in our repor( we do not express any forni of assurance conclusion thereon. Our responsibillty Is to read the other information and, in doing so, consider whether the other informatlon is materially inconsistent wlth the financial statements or our knowledge obtained in the audlt or otherwlse appears to be materlally misstaced. If we identlfy such material inconsistencles or apparent materlal misstatements. we are requlred to determlne whether this give5 rlse to a material mls5tatemenc In the financiaf statements themselves. If, based on the work we haye perfom)ed. we conclude that there is a material misstatement of this other information, we are required to report that fatt. We have nothing to reporc In this regard. Oplnions on other matters prescribed by the Companies Act 2006 In our opinion based on the work under¢aken In the course of our audit the information given Sn the trustees. repor¢ which includes the directors. report prepared for the purposes of company law. for the financial year for which the financial statement5 are prepared is con515tent with the financial Statements: and the directors. report included within the trustres, report have been prepared in accordance with applicable legal requirements.
Docusign Envèlope ID-. EC5A4BC4-E1 FF43A1-B489-SB5971BDBCD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LANGDON COMMUNITY Matters on which we are required to report by exeeptlon In light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors, report included within the trustees. report. We have nothing to report in respect of the following matters in relation to which the Companie5 Act 2006 requires us to report to you if, in our opinion: adequate and proper accounting records have not been kepc or the financial statements are not in agreemenc with the accounting records and returns,. or certain d15closures of trustees, remuneration specified by law are not made: or we have not received all the information and explanations we require for our audit: or the trustees were not entided to prepare the financial starements in accordance with the small companles regime and take advantage of the small companie5, exemptions in preparing the trustee5' dire¢tors' report and from the requirement to prepare a 5trateglc report. R¢spon5ibllltles of trustees As explalned more fully in the trustees, re5PODsibllities sotement set out on page 4 the trustees (who are a150 the dlreccors of the charitable company for the purposes of company law) are re5pon51ble for the preparation of the financial statement5 and for belng sat15fied that they give a true and fair view, and for such Internal control as the trustees determine Is necessary to enable the preparation of financial statements that are free from materlal m155tatemeno whether due to frdud or error. In preparing the financial statements, the trustees are responsible for asse55ing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basi5 of accounting unless the trustees either intend to liquidate the charitable company or to cease operations. or have no realisclc alternative but to do so. Auditor's respon$ibilitles for the audlt of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements a5 a whole are free from macerial m1s5tatement, whether due to frdud or error, and to Issue an auditor's report that Includes Oltr opinion. Reasonable assurance 15 a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatemeni when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economlc decislons of users taken on the basis of these financi statements. Extent to whlch the audlt was consldered capable of detecting Irregularities. Including fraud Irregularlties, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularltles, whether due 10 fraud or error, and discussed these between our audii ceam members. We then designed and performed audit procedures responsive to those risks. including obtaining audit evidence sufficienc and appropriate to provlde a basis for our opinion. We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regularions that have a direct effect on the determination of material amounts and di5c105ures in the financial 5ratements. The laws and regulations we considered in this context were the Companies Acr 2006, the Charities Act 201 I together with the Charities SORP (FRS 102)- We assessed the required compliance wirh these lav and regulation5 a5 part of our audit procedures on the related financial statement items. In addition. we considered provi5i0n5 Qf other laws and regulation5 that do not have a direct effect on the financial Statements but compliance with which might be fundamental to the charitable company's ability to operate or to avoid a material penalty. We also considered the opporturbityes and incentive5 that may exist within the charitable company for fraud. The law5 and regulations we considered ID this context for the UK operacions were General Data Protection Regulation IGDPR). health and safety legislation, employment legislation. t&x legislation, and CQC Regulations for service providers and managers. We communicated these identified frameworks amongst our audit team and remalned alert to any indications of non- compliance throughout the audit. We ensured that the engagement team had sufficient competence and capability to identify or recognise non-compliance with the laws and regulations.
DO81gn Envelope ID.. EC5A4BC4-E1 FF43Al-B48sB5971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF LANGDON COMMUNITY We discussed with the tru$tees the policles and procedures regarding compliance with these legal and regulatory frameworks. We assessed the susceptibility of the charity's financiai statements to material misstatement due to non-compliance with legal and regulatory frameworks. including how fraud might occur, by enquiry with the trustees during the plannlng and finalisation phases stages of our audit. The susceptlblll¢y to such material mlsstatement was determined to be low. Based on thls understandln& we designed our audlt procedure5 to identlfy non-compllance wich the identSfied legal and regulatory frameworks, whlch were part of our procedures on the related financial statement items. Owing to the inherent limltations of an audi4 there is an unavoidable rlsk tha¢ we may not have detected some material miss¢atements In the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compllance wlth laws and regulations Ilrregularitles) is from the events and transactlons reflected In the financial statements. the less Ilkely the Inherently Ilmited procedures required by auditing standard5 would identfy IL In addition, as with any audit, there remained a higher risk of non- detection of irregularitie5, as these may involve collusion, forgery. intentional omlssions, misrepresentations, or th¢ override of Internal controls. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulatlons. Use of our report Thi5 report Is made solely to the charitable company's members, as a body. In accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been underraken so that we might state to the charitable company, members those matcers we are required to State to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume respon5ibili(y to anyone ocher than the charitable company and the charitable company's members as a body, for our audit worl for this repor4 or for the opinions we have formed. DoeuSIIN•d by.. Bce977A458CD4#E David Goldbery Senior Statutory Audltor For and on behalf of Cohen Arnold S(acutory Audltor New Burllngton House 1075 Finchely Road London NWI I OPU 30 Ortober 2024
Docusign Envelq)8 ID.. EC5A4BC4-E1 FF43A1-B48SB59718DBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Note Unrestricted funds Restricted funds Total funds 2023 Total funds 2022 Income from: Donations 2,416 214.707 227,123 251.639 Charitable activities 4.570.652 4,570.652 4,153.778 Investment income Total Income 4 S73 068 224 707 4 797 775 4,405.417 xpendlture on: Charltable activities.. Supported living arrangements 4,879,674 148,449 5,028.123 4,555,941 Total expenditure 4 879 674 148449 5028 123 4,555.941 Net {expendlture)lincome (306,606) 76.258 (230,348) (150.524) Transfers between funds 5.772 (5,772) Net mov•m8nt In funds (300,834) 70,486 (230,348) (150.524) Re¢onclllatlon of fundg: Total fund5 brought forward 1299 205 1341418 1.491,942 Total funds carrled forward 17,18 998.371 1,111 070 1,341,418 The statement of financial activities includes all gains and losses recognised In the year. All Income and expenditure derive from contlnuing activities. The statement of financlal activitie5 also complies with the requlrements for an Income and expenditure account under the Companles Att 2006.
Docusign Envalope IO.. EC5A4BC4-E1 FF43Al-B48sB5971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) BAL4NCE SHEET AS AT 31 DECEMBER 2023 Company reglsrrarlon number 04055338 (England and Wales) Note 2023 2022 Fixed assets: Tangible assets 14 13,908 15,541 Current assets.. Dcbtors Cash at bank and in hand 15 1,982.966 1,736,803 158,665 Total Current assets 2,049,757 1.895.468 Llabilitles: Creditors., Amounts falllng due within one year 16 {952,595) (569,591 > Net current asset¥ ,097,162 1,325,877 Total net asset$ 1,111,070 1.341,418 The funds of the Charlty: Restrlcted funds Unrestrlcted fund5 17 12.699 998 371 42,213 1,299,205 Total fiinds 1.111,070 1,341,418 The financial statements have been prepared In accordance with the 5peclal provislons of the Companles Act relatlng to small companles. The notes ac pages I I to 19 form part of these account5. $lgnedty'. 2DOIN4F301D422... Mr N Doffman Trustee Approved and authorised for issue by the trustees on 30 October 2024
Docusign Envelope ID.. EC5A4BC4-E1 FF43Al-B48SB5971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 Note 2023 2022 Net cuh provided byl(us¢d in) operating artmti 20 184.545) 85,344 Cash flows from Inveitlng actlvltles: In¢erest recelved Purchase of tanglble fixed assets (7,330) (5.352) Net cash (used in) Inve5tlng actlvlties 5.352 Change In cash and cash equlvalents in the reportlng perlod 79.992 Cash and cash equlvalenti at the beglnnlng of the reportlng perlod 158,665 78,673 Cash and cash equlvalents at the end of the reporting perlod 158,665 10-
Docusign Envelop8 ID.. EC5A4BC4-E1 FF43Al-B4BBs971BDEcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting Policies The principal accounting policies adopted. judgements and key sources of estimatlon uncertainty in the preparntion of the financial statements are as follows: l. l Basls of prÈparation The flnancial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Fiecommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporcing Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2015) - (Charities SORP IFRS 102)), the Financial Reporting Standard applltable in the UK and Republlc of Ireland IFRS 102) and che Companie5 Act 2006. The Chariry meets the definition of a public benefit enty under FRS 102. Assets and liabllities are Inltlally recognised at h15torlcal cost or transactlon value unles$ otherwise stated In the relevant accountlng pollcy. 1.2 Preparatlon of the account$ on a 8oln8 concern basls The accounts have been prepared on a going concern basis and th¢ tru$tees believe there to be no material uncertalntle5 about the Chariry's ablllty to contlnue as a golng concern when taking account of the support given and che funds raised by the parent charlty, the Langdon Foundatlon. A letter of 5UPPQrt has been provided by KlsharonLangdon covering the perlod to 31- December 2024. 1.3 Income Income is recognised when the charity has entitlement to the fijnds. any performance conditions attached to the item{s) of income have been met, it is probable that the income will be received and the amount can be measured reliknly. Income from government or other grants, whether "capital" grants or'revenue" grants is recognised when the Charity ha5 entitlement co the fund5, any performance conditions attachod to rhe grants have been mer, it is probable that the Income will be received and the amount can be measured reliably and is not deferred. Income recelved for the provlslon of care Is recognlsed in the perlod In which care Is provlded. Investment income Is accounted for when receivable. 1.4 Expendlture Expendlture Is reco8nlsed on an accruals basls as a Ilabiliry is Incurred. Expenditure Includes any VAT whlch cannot be fvlly recovered, and Is reported as part of the expenditure to which it relates. Charitable expendlture ¢omprlses those co$rs incurred by the Charity in the dellvery of its actlvltles and services for its beneficiarle5. It includes both c05t5 that can be allocated dlrectly to such actlvltles and those costs of an Indirec¢ nature nece$sary co support them. Governance costs include th95e costs associated with meeting the constitutional and 5tstutory requirements of the charity and include the audit fees and costs linked to the stfdtegic management of the Charity. AII c05t5 are allocated to the one charitable activity.
Doojsign Envelope ID.. EC5A4BC4-E1 FF43Al-B4B5BS971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accounting Policies (Continued) 1.5 Tangible fixed asset5 and depreclatlon Tan&'ble fixed assets are stated at C05t les5 depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each a55et over its expected useful life, a5 follow5- Leasehold improvements Computer equipment Fixtures, fittings & equlpmenc Motor Vehicles 18% straight Ilne 33% straight line 25% straight line 25% straight line Single items of equipment with a value less than £1,000 have not been capitali5ed. The policy with respect to impairment revlews ol fixed assets is that these assets are Inspected regularly for any impairment and any defect remedied so as to maintain the current value. 1.6 Debtors Trdde and other debtors are recognl$ed at che settlemenr amount due after any trade dlscount offered and provision for bad and doubtful debts. Prepayments are valued ac the amount prepald net of any trade dlscounts due. 1.7 Cash at bank and In hand Cash at bink and cash in hand includes ch and short-term highly liquid inve5tment5 with a short maturity of three months or les5 from the date of acquisition or openlng of the deposit or similar account. 1.8 Credltors and provisions Creditors and provlsions are recogn15ed where the Charity has a present obligatlon resultlng from a past event that will probably resulr In the transfer of funds to a third party and the amount due to settle the obligation can be measured or estlmated rellably. Creditor5 and provlslons are normally recognised ac thelr settlement amount after allowing for any trade discounts due. 1.9 Flnan¢ial Instruments The Charity only ha5 financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are inirially recognised at transactlon value and subsequently measured ac thelr settlement value. .10 Penslons Langdon Community operates defined-contribution schemes. The amount charged to the SOFA in respect of penslon costs and other post-retirement benefits 15 the contrlbutlons payable in the period. . I l Operatlng leases Rentals payable under operating leases are charged against income on a straight-line basis over the period of the lease. 1.12 Fund accountlng Unrestricted fund5 are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity. Rescricced fund5 represent income recelved which is allocaced by the donor to a Specific project The restrictions are binding on the Trustees of the Charity. 12
Docusign Envèlope ID.. EC5A4BC4-E1 FF43A1-B4&&5B5971BDBCD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 1.13 Crltical accounting estimates and areas of Judgement In the application of the Chariry's accounting policies, Trustees are required to make judgements, escimates, and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factor5 that are consldered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to accounting estimates are recognised in the period in which the estima is revised if the revision affects only that period or in the perlod of the revision and future periods If the revision affects the currenc and fvture perlods. In the vlew of the Trustees, no assumptlons concernlng the future or e$¢lmation uncertalnty affectlng assets and Ilablllcies at the balance sheet date are Ilkety to result in a materlal adlustment to their ¢arrylng amoun(s In the next financial year. 2 Legal status of th¢ Charity Langdon Communlty 15 a reglstered charlty (No. 1086393) and a company Ilmlted by guarantee and not havlng share capital (No. 040553381 the registered office 15 333 Edgware Road. Floor 3, London NW9 6TD The Charlty Is Incorporated In England & Wales and doe5 not have share capital and is limited by guarantee. In the event of the company being wound up. the maximum amount which each member is liable to pay 15 £10. 3 Income from donatlon¥ Unrestrlcted fund5 Restrlcted funds Total funds Total fund5 2023 2022 Grants and donatlons 1416 224,707 227,123 251.639 Donation5 relating to unrestricted funds were £2.416 (2022: £nlll. Grants relating to restricted funds were 224,707 (2022.. £251,639). The grants were from The Langdon Foundatlon for community project5 Includlng employmeni New Chapter5, Brady Club and member activities. Income from charltable actlvlties Unrtsstricted fund$ Restricted fund$ Total funds Total funds 2023 2022 Provision of care and a550ciated income 4,570,652 4,570.652 4.153,778 Income for provision of care and a5sociared activities vtss £4,114.319 unrestricted and £39,459 restricted in 2022.
Docusign Envelopg ID= ECSA4BC4-E1FF43A1-B48SBS9718DBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Inve$tment Income 2023 2022 Interest receivable Analysis of expenditure Total 2023 Total 2022 Supported living Staff costs Motor and trdvel Rent C05ts recoverable from residents Office expen5e5 Other dlrect Costs Governance costs (see note 7) Depreciation 4,208,103 3,771.390 5.804 16.387 81.808 77.767 61.827 45.349 13,122 24.646 626,848 601.175 21,648 7.573 8,963 21,207 5,028.123 4.555.941 Expendlture on charltable activitle5 was £5,028,123 (2022- £4,555.941) of whlch £4,879,674 (2022,. £4,027.7251 and £'148.449Ipc21 was restricted {2022: £528.216). PClTrrfas unrestricted Analysis of governance ¢o$ts The Charity initially Identifies the costs of i(s support funccions. It then identlfies those costs which rela(e to the governance function. Having identlfied its governance costs. the remaining support costs together with the governance costs are all allocated against the one charltable activiry. Some support functions Includlng finance and HR are managed and funded dlrectly by The Langdon Foundatlon. Audit fee Is allocated equally acros5 all four group companles. 2023 2022 Audlt Bank charges 18.586 3.062 5,024 2,549 21.648 7,573 Net expendlture for the year This IS stated after chargin 2023 2022 Depreciation Auditor's remuneration Operating lease rentals - property 8.963 18,586 81,808 21.207 5,024 77,767 14-
Docusign Envelope ID.. EC5A4BC4-EI F43Al-B48SBS971BDcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 Analysis of staff costs. trustee remuneration and expenses. and the cost of key management personnel 2023 2022 Wages and 5alarles Social securiry costs Penslon 3,796.761 327,016 84,326 3,388,580 307,661 75.149 4,108,103 3,771,390 The number of employees having benefits In excess of £60,000 were 2023 Number |Ipc3]- 2022 Number £70.000 - £80,000 | £80.000- £90,000 The key management personnel of the Charity comprise the senior managernent team a5 detailed on page l of the trustees, report. The total payment5 made b the charity in respect of the senior management team who are employed directly by the Charity were 1198,169 PC41(2022.. 1182,151). The remuneratlon of some key management personnel Is through KisharonLangdon or The Langdon Foundation. None of the Trustees (or any persons connected with them) received any remuneration durlng the year (2022- nil) and none of them were relmbursed for expenses during the year (2022.. nll). 10 Staff Numbers The average rnonthly number of employees during che year was as follow5: 2023 Number 2022 Number Care support Staff Management and administrative staff 143 18 150 14 Total I I ,Penslon and other post.retlrement benefit commltmentskpc51 Langdon Community operates two defined-contribution schemes. The Charity contribute5 towards the Langdon Group Schemes run by Nest and Aegon whlch are deflned contrlbution schemes. The assets of the schemes are held separately from those of the Charity in independently administered fund5. The pension cost charge represents contributions payable by the Char5ty to the funds. Contribution5 payable during the year were £84.326 {2022.- £75,149). The expense ha5 been allocated to unresrriaed expenditure on the same basi5 as wages and salarles. 15
Docusign Envelope ID.. EC5A4BC4-E1 FF43Al-B48sB59FIBDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 12 Related party transactlons The charity 15 connected to The Langdon Foundation (registered charity number.. 1142742, regisrered company number.. 076217141, Langdon College (registered charity number.. 1088936, registered company number: 41044661 and Langdon Housing (registered charity number.. 114743, registered company number.. 07623246). all of which are incorpornted charitable companies registered in England and Wale5 that do not have share capital and are limited by guarantee. Ac the year end, the charitable company hid a debtor of £1.360.127 (2022: a debtor of £1,257,123) due from The Langdon Foundation. Durfns the year, Langdon Communiry was charged {,700[Pc6l (2022.. £5,700) as rent by The Langdon Foundation. Donations of £230.457 (2022: £273,225) were received by the Langdon Foundation and paid over to Langdon Community. These donations are included in Note 17. The remaining debtor related to the costs setded by Langdon Community on behalf of The Langdon Foundation and the bank transfer5 to meet the cash shortfa115 in The Langdon Foundation. Ac che year end, the Charltable company had a debtor of £46,869 due from (2022.. cr¢dltor of £31,167 due to) Langdon Housing. The ultlmate controlllng pary of Langdon Communlty is The Langdon Foundation {reg15tered charlty number: 1142742. registered company number: 07621714) In whose accounts the results have been consolldated. The Langdon Foundatlon is consldered as the ultimate holding company a5 It Is the sole member of Langdon Communlcy Llmlted. The Langdon Foundation owns properties, ra15es funds and gives donatlon5 ro Langdon College, Langdon Community and Langdon Hou51ng. Con501idated accounts for the Langdon Foundatlon can be obtained from the Same registered office a5 the charity. 13 Corporatlon tax As a charity, Langdon Community is exempt from UK (ax on income and gain5 to the extent thai ihe5e are applied to it5 charitable objects. No UK rax charges haye arisen in the Charity, during the year or the previous year. 16-
Docusign Envalope ID.. EC5A4BC4.E1 FF43Al-B48sBsg71BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BYGUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 14 Tangible fixed a5setS Leasehold Improvement Computer eguipment Fixture5. fittings & equipment Motor vehicles Total Cost: As ac l January 2023 Addioons 60.001 45,575 7,330 32.131 76,558 214,265 7,330 As at 31 December 2023 60,001 52,905 32,131 76,558 221,595 Depreciatlon: As at l January 2023 Charge for year As at 31 December 2023 60,001 40,369 2.873 32,131 66,223 6.090 198,n4 8,963 60,001 43,243 32.131 72,313 207.688 Net book value A$ 31 December 1023 9,663 4,245 13,908 As 31 December 2022 5,206 10,335 15.541 All assets are used for charitsble purposes. 15 Debtors 2023 2022 Trade debtors Amounts owed by group undertakinzs Other debtors Prepayments and accrued Income 293,367 1,406,996 43,216 239,J87 225,751 1.257,123 34,835 219,094 1,981.966 1,736,803 16 Creditors.. amounts falling due wlthin one year 2023 2022 Trade creditors Amount5 owed to group undertakings Taxition and social Security costs Other creditors Accruals 75,525 2SS,000 428,047 35.627 158,395 67,191 31,167 340,016 27,429 103,788 952.595 569.591 17
Docusign Envelope ID.. Ec5A4BC4-E1FF43A1-B485B5971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 17 Analysis of charitable funds Analysis of movements bn unrestricted funds Balance as atl January 2023 Income Expenditure Transfer5 Funds as at31 December 2023 Unrestrlcted fund5 1,299 20S 4.573.068 4.879.674 5,772 998,371 Analy$i$ of movement$ In unrestrlrted funds- prior year Balance as at l January 2022 Income Expenditure Transfers Fund5 as at 31 December 2022 Property malntenance fund Analy515 of movements In restrlcted funds Balance as atl January 2023 1.369.001 4,114,319 4.027.725 156,390 1.299,205 Income Expendlture Transfers Funds as at31 December 2023 Brady Club Employment & Social Enterprise Ambassador5 Manchester Mini 8us Activities 239,334 (203,658) 765 5,772 42.083 147.060 (22,684) (171,055) (114,457) 171.055 (765) 87,678 (5.772) 35.564 10.543 42,213 224,707 (148,449) (5,772) 12,699 Analy$ls of movements ID rnstricted funds - prior year Balance as Income at l January 2022 Expenditure Transfer5 Funds a5 at December 2022 Brady Club Employment & Social Enterprise Ambassador5 Manchester Mini Bu5 Activities Infection Control 80.280 250.358 (5,719) (91,3041 {330.4961 (1,0691 239,334 {203,658) 765 5,772 132,557 1,834 5.772 7,000 39,459 (30.8331 74.514 23.833 35.055 122.941 291,098 {528,2161 156,390 42.213 8ryddy Club offer5 social attiyities to younger people with learning difPiculties in Edgware. Ernployment & Social Enterprise aids and trains people with learning difficultie5 to find employment. This includes New Chapters which offers a safe working environment to gain work experience. Amba55ador5 Manchester wa5 created to service the fijndraising activitie5 of the parentsl group and 15 earmarked for specific purposes. Mlnl Bus funds were ra15ed to purchase and support a new Mlni Bus- the minlbus wa5 purchased in 2020 Infection Control - funds were received from Local Authorities to support additional costs incurred In relation to the Covid19 pandemic Transfer5 are made from unrestricted funds to re5trlcted fund5 to meet a deficit on those funds. 18
Docusign Env8lope ID.. EC5A4BC4-E1 FF43Al-B458S971BDBcD3 LANGDON COMMUNITY (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 18 Analysis of net assets between funds Unre5trlcted Restricted funds funds Total Fund balance5 at 31 December 2023 are represented by: Tangible fixed assets Current assets Creditors of les5 than one year 13,908 1,937,058 952,595 998371 13,908 112.699 2.049.757 952.595 112,699 1 111070 Fund balance5 at 31 December 2022 are represented by. Tangible flxed asse(s Current assets Creditors of le5S than one year 15.541 1,853,255 569,592 1.299.204 15,541 1.895,468 569.592 1.341.417 42,213 42,213 19 Commltments under operatln£ leases Land and Bulldlngs The future mlnlmum payments under non-fdncellable operating leases are: 2023 2022 Expiry date.. No later than one year Later than one year and not later than five years 77,250 77,250 77,250 77,250 154,5Th) The above commltments are a combinatlon of the Propert1 leased from The Langdon Faundation and rhlr party landlords. 20 Reconclllatlon of net movement In funds to net cash flow from operatlng a¢tlvities 2023 2022 Net movernent in funds Add back depreciation charge (Increase} In debtor5 IncreasellDecrea5el in creditors (230,348) 8.963 (246.163) 383.003 {150,524) 21,207 (53,358} 268,019 Net cash provided by operatlng activltles (84,545) 85.344 21 Post Balance Sheet event As noted above. on 31 August 2024 the operations of Langdon Community (includlng staff, asset5 and liabillties) were transferred to KisharonLangdon. Langdon Communiry is now dormant. 19