Working to strengthen local voluntary and community organisations ## Annual Report and Accounts 2023-24 Westway Winter Street Parade L) 3 Annual Report and Accounts 2023-24 ## Contents |Contents|| |---|---| |About KCSC|4| |Legal and Administrative Information|5| |Welcome from the Chair|6| |Introduction from the Chief Executive Officer|8| |Directors/Trustees’ Report|10| |Activities and Achievements in 2023/24|| |- Health and Wellbeing|12| |- Sector Support, Representation & Voice|15| |KCSC’s Current Priorities|22| |KCSC’s Future Priorities for the Year Ahead|23| |Auditor’s Report|24| |Statement of Financial Activities|27| |Thank You to our Funders|45| 4 ## About KCSC **----- Start of picture text -----**
KCSC Staff and Trustees Away day
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## Our Vision Residents of Kensington and Chelsea have improved lives. ## Our Values - Social justice - Listening and learning - Collaborative working - Respect and dignity - Integrity ## Our Mission Working to strengthen and promote local voluntary and community organisations; Supporting communities to be the drivers of change. ## Our Position - Influencer - Challenger - Leader - Knowledgeable 5 ## Legal and Administrative Information ## Directors and Trustees Helen Cylwik Judith Davey Modan Deb (Treasurer) Stephen Duckworth (Deputy Chair) Chris Brophy Ann Goodger Annie Redmile (resigned 21/11/23) Shelina Thawer, PhD (Chair) Anna-Louise Thomond Simone Stephen ## Chief Executive Officer ## Company Number 04146375 ## Charity Number 1087457 ## Registered Office 111-117 Lancaster Road London W11 1QT ## Independent Auditors Goldwins Limited 75 Maygrove Road London NW6 2EG Angela Spence ## Bankers CAF Bank Ltd PO Box 289, West Malling Kent ME19 4JQ ## Solicitors Russell Cooke 2 Putney Hill London SW15 6AB 6 ## Welcome from the Chair Dear Members and Colleagues, In this year’s Annual Report, we take the opportunity to share the progress we have made over the last 12 months. During 2023-24, KCSC began its journey of reviewing and planning our new three-year strategy 2024-2027. During our staff and trustee away day held in August 2023, we reflected on and discussed what we should do differently in all of our key areas of work, namely: organisational development, community development, voice and influencing, health and wellbeing as well as our internal systems and processes. We had some very fruitful discussions that set us on the course for further development work throughout the year. I would like to thank Michael Ashe who helped facilitate some of those important discussions on the day. As part of our strategic planning process, I am pleased that the board of trustees agreed that we should conduct an extensive engagement exercise with our stakeholders to gain a better understanding of the impact of KCSC’s work. While the internal strategic planning was a very important part of the process, we recognised that as an organisation KCSC can only continue to develop its services if we are able to understand what our stakeholders think about our current work and can feedback on where we need to improve. Thank you to Katy Dawe and Giulia Macgarr the consultants who carried out the outcomes and impact review and did such an excellent job. Most of all thank you to all our stakeholders who participated and fed into the review. The list of recommendations we received helped feed into our new three-year strategy which includes areas such as: improving our membership offer and relationships with our members; improving our communications; being clear about what we do; and how we can help. Delivering a more focussed approach in supporting smaller organisations and organisations led by and working with marginalised communities; and being clearer and more consistent in how we define and deliver our services in amplifying the voice of the voluntary and community sector and our residents. Our new three-year strategy is now available on KCSC’s website. As with any new strategy, funding challenges remain for KCSC, as I know it does for the majority of voluntary and community organisations. Three years of ambitions and goals we want to achieve means being financially secure and we will endeavour to meet those financial challenges and work closely with our stakeholders across the voluntary and statutory sector to secure a stronger, viable future. 7 KCSC Annual Report 2023-24 **----- Start of picture text -----**
KCSC Health and Wellbeing Forum
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Against the backdrop of the financial challenges that remain owing to economic uncertainties, KCSC recognises the difficult funding environment for the sector. Where KCSC can do its best to support organisations, it will do so, and we always welcome your feedback on any further support you feel is needed. At this time, I would like to thank those who support KCSC and recognise the vital work we do. Foremost, thank you to all our funders for the financial support and trust without whom we would not be able to deliver our vital work. Thank you to our voluntary and community sector members and colleagues who support KCSC in many ways - attending our many events and activities; collaborating with KCSC; and coming to us for advice and support. Thank you to our wider stakeholders across the statutory and private sectors and the NHS with whom we work in partnership. Finally, my thanks go to the board of trustees and the staff at KCSC where together we strive to ensure KCSC is a well-run organisation. I would like to give a special mention to Annie Redmile, who stepped down during this financial year, for her valuable contribution as a board member. Shelina Thawer, PhD 9 September 2024 8 ## Introduction from the Chief Executive Officer During the year I have liaised with many of my VCS colleagues personally or through our many meetings and events, and I understand ie2 = the ongoing challenges they face. Funding that enables a more secure 7 future, staff and volunteer recruitment and staff retention continue to SS. ae be some of the biggest challenges and KCSC has not been immune to this either. The year ahead with a new Government still signals a 4 mna:=Se ’ difficult economic environment which will impact on the sector and our communities, yet I continue in my role to have full admiration for the sector’s determination and passion to make a difference in the community. You will read in our report about the main services we provide which I’ll focus on. Our Health and Wellbeing work is going from strength to strength since the appointment of Liam Pywell our Health and Wellbeing Strategic Lead who works across the Bi borough and has certainly begun to make a mark, not only with the VCS but with our NHS and Council colleagues. Last year we produced the Bi Borough VCS Health and Wellbeing Strategy, ‘Doing Things Differently’ and with the newly established Vibrant and Healthy Communities programme we continue to advocate and bring the VCS into a stronger position to be agents of change within the health and wellbeing space. I would like to thank several members of the team who moved on during the year namely Naomi Bartlett, Nadia Ntwari and Genesis Ali. Providing organisational development support is a core part of our work and throughout the year the team has provided one to one support to many of our local organisations, training sessions and meet the funder sessions. All of these remain essential aspects of seeking to equip our VCS colleagues with the knowledge and skills required to run effective organisations. My thanks go out to Nada Salam who left KCSC during the year. Over the years KCSC has worked collaboratively with providers to offer finance advice and support to local organisations and this service became even more pertinent with the increase in start up organisations over more recent years. Unfortunately, due to funding not being renewed, this service came to an end at the close of the financial year. KCSC would like to thank all those who worked with us and in particular Abdullah Mohamed who left KCSC at the end of March 2024. Through our Community Support programme, the funding from RBKC has enabled us to continue to provide support to local food providers, creating a new food provider network and strengthening links with local VCO, statutory and health services. With ongoing funding from Trust for London and Tudor Trust our community development work had a particular focus on local planning this year and played an 9 KCSC Annual Report 2023-24 **----- Start of picture text -----**
Volunteer Market Ambassadors, VCKC
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instrumental role in bringing local residents together to prepare for and respond to the Examination in Public for the borough’s Local Plan. This was our final year of the Kensington and Chelsea Together four-year programme funded by the City Bridge Foundation. We hope to utilise the learning from this programme to apply for future funding to support our equity and racial justice work. Last but not least a big thank you to the Central team who spent much of their time focusing on the upgrade of our website to Drupal 10. This was a big undertaking which was very well managed. I would like to give a personal thank you to all our stakeholders that took part in our impact and outcomes review. Receiving constructive and honest feedback was very important to us all at KCSC and opening ourselves up to understand just what you think about KCSC has taken us on a critical journey of self-exploration. My total appreciation goes to all of the staff at KCSC for all the hard work that is carried out on a day-to-day basis in spite of some of the challenges that we face. Whilst we lost a few members of the KCSC team, we welcomed Vicki Harrison-Carr as the new Director of Operations, Stephen Blann to the Health and Wellbeing Team and Liam Pywell mentioned earlier. Finally, thank you to the Board for your commitment and dedication in supporting and challenging KCSC to be the best it can be in the furtherance of our mission. Gp Angela Spence, CEO 9 September 2024 10 ## Directors/Trustees’ Report The Trustees present their report and the financial statements for the year ending 31 March 2024. ## Legal Status Kensington and Chelsea Social Council (KCSC) is a registered charity and a company limited by guarantee. The governing document of KCSC is its Memorandum and Articles of Association. ## Organisation of the Charity KCSC is governed by a Board of Trustees. The responsibility for planning, service delivery and reporting is delegated to the Chief Executive Officer (CEO) and the staff team. The CEO reports to the Board of Trustees. KCSC is the Royal Borough of Kensington and Chelsea’s recognised voluntary sector ‘infrastructure’ organisation. Its mission as stated in its 2021-2024 Strategic Plan is ‘Working to strengthen and promote local voluntary and community organisations; Supporting communities to be the drivers of change’. It does this through a wide variety of organisational and community development activities, facilitating voluntary sector and community participation, representing the sector’s views at a strategic level and working with key statutory stakeholders. ## Structure, Governance and Management KCSC is a membership organisation; all voluntary and community organisations working in the Royal Borough of Kensington and Chelsea which meet a broad set of criteria are eligible to be members. The strategic direction of KCSC is the responsibility of the Board of Trustees, whilst the implementation of strategy, financial management and the running of the organisation is delegated to the CEO. The Trustees receive regular reports and recommendations from the CEO regarding the recruitment, supervision and appraisal of staff. The performance of the CEO is appraised regularly by Trustees. Trustees are elected annually at annual general meetings. At their first meeting they elect office-holders and sub-committee members. In situations where vacancies occur, Trustees can co-opt individuals who serve until the next Annual General Meeting (AGM), when they stand down together with elected members. A Trustee induction and training policy has been in place since the 2006 AGM. KCSC is a member of the National Association for Voluntary and Community Action (NAVCA) and has achieved NAVCA’s quality mark. Membership of NAVCA requires KCSC to comply with criteria which include having a statement of values and performing the five functions of a local infrastructure organisation. 11 KCSC Annual Report 2023-24 ## Risk Management The charity maintains a risk register. Trustees have considered the risks faced by KCSC and these are reviewed annually. In 2023/24, special attention was paid to maintaining overall financial stability due to the ending of some NHS funds and ensuring KCSC met VAT legal obligations. ## Financial Review The Statement of Financial Activities shows incoming resources for the 2023/24 yearend of £1,267,068 (2022/23: £1,019,064) and outgoing resources of £1,631,787 (2022/23: £1,567,835). At this point, restricted funds were £514,153 (2022/23: £884,756), designated funds were £11,432 (2022/23: £37,000) and unrestricted funds were £223,878 (2022/23: £216,500). Our largest funders are the Royal Borough of Kensington and Chelsea and North West London Integrated Care Board (NWL ICB), income from which represents 86% of total income. Funding is provided through a mix of service level agreements and grants. From our total 2023/24 income, £743,457 was distributed as payments to the voluntary and community sector operating across Kensington and Chelsea and (in the case of NWL ICB funding) Queen’s Park and Paddington. ## Investments The Trustees considered the charity’s investments and decided to retain current investments. Total investments, valued at the end of the year at £34,231 (2022/23: £32,737), were held in unit trusts administered by Schroders. ## Reserves and Reserves Policy The charity has a reserves policy. It is our intention to hold unrestricted funds of £150,000, equivalent to six months’ running costs. Our reserves will provide cash flow, help us to manage fluctuations in funding and, if necessary, meet contingent liabilities. Trustees are confident that they can maintain a solvent organisation for the foreseeable future. ## Public Benefit Our activities comply with the duty under section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit. We continue to meet this duty through our charitable objects, which are: _“To promote any charitable purpose for the benefit of the community in Greater London with particular reference to the Royal Borough of Kensington and Chelsea by the advancement of education, the protection of health, the protection of the environment and the relief of poverty, sickness and distress”._ Shelina Thawer, PhD 9 September 2024 12 ## Activities and Achievements in 2023/24 This section is grouped into two parts, to reflect the structure of our financial statements: Health and Wellbeing, and Sector Support, Representation & Voice. ## Health and Wellbeing ## Vibrant and Healthy Communities The introduction of a VCS health strategic lead role has provided much needed capacity to support the sector. The role has enabled us to take the lead on our Vibrant & Healthy Communities programme, with plans to invest in a VCS impact framework, as well as a co-production and community engagement framework to support ongoing partnerships. We have been working on our relationships with NHS and public health leaders, spending time sitting alongside NHS staff to build connections and contact points. We have also supported more VCS organisations to become involved in local healthcare decision-making, including being a vital part of the My Care My Way (MCMW) review group. Through the Vibrant & Healthy Communities programme, we now have a shared approach to addressing health inequalities that is led by the VCS, acknowledging the role we play in tackling the root causes of inequality, such as poverty and isolation. By supporting more VCS organisations to get involved in key meetings with NHS leaders, we are making sure that the expertise in our sector is heard and properly used to inform decision-making. That includes ensuring we have a seat at the table in the newly formed Integrated Neighbourhood Teams. INTs are cross-sector partnerships that make decisions together on improving local support for the residents we serve. We have also undertaken research and gathered insights to understand how the VCS can best demonstrate our impact and will now be working on an impact framework over the coming year. We continue to use the third sector Health and Wellbeing strategy ‘Doing things Differently’ produced in 2023 as a guide in developing opportunities for the VCS. ## Social Prescribing KCSC continued to manage three social prescribing self-care programmes. ## My Care My Way MCMW is a well-established collaboration, involving a broad range of NHS services, social care and the VCS. KCSC manages the self-care element of the programme, taking referrals from NHS staff. It provides integrated care for patients aged 65 and over, to help keep them well. In 2023/24, four VCS organisations were funded to deliver 14 services, including Carers Respite, Befriending, Information & Advice, and a wide range of group activities. Some services were modified to ensure they remain relevant to needs. KCSC provided training on the MCMW programme for NHS staff to ensure patients were referred to the most appropriate services. 880 3049 referrals sessions delivered 13 KCSC Annual Report 2023-24 ## Case study Mr P was awarded a High-Rate Attendance Allowance of £92.40 initially and then £101.75 per week and received a lump sum of around £1,300. The award of Pension Credit and Attendance Allowance made him eligible to receive a Severe Disability Premium. Mr P shared how he was impressed by the kindness and professionalism of the staff providing information and advice support. Client X described the social prescribing service she had received as excellent. She never knew what was out there and is so grateful to have been steered in the ~~right direction.~~ ~~_“The Pilates class is a lovely group, and I made friends. Everyone is_~~ _down to earth, and it provides the tonic I need”_ Having been anxious and stressed only three months ago, staff observed a total transformation in the client. She is so much more confident and outgoing, you can literally hear the change in her voice. **----- Start of picture text -----**
Westway Trust
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## Community Living Well Community Living Well is an integrated service for people aged 16 and over who need support with their mental health and wellbeing. The self-care programme was part of a much wider programme. Seven local VCS organisations were funded through this programme in 2023/24, providing a range of one to ones, group activities, advice and support. **----- Start of picture text -----**
451 2026
referrals sessions delivered
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Quotes from clients: “I feel blessed to have the ND doulas in my life at a time I was at my most desperate. They have shown me great love and respect, this is something I will never forget and gives me hope that there are still many people in the world who are kind and helpful” “I like the flexibility of your programme, and the activities, gardening and playreading, have been really helpful. You can choose whether to come or not - this freedom is really good in the headspace I’ve got. And the emails, letting me know what’s happening - it has opened doors - it is open door support.” 14 KCSC Annual Report 2023-24 ## Healthier Futures North Kensington Self-Care Programme Healthier Futures North Kensington Self Care programme was launched in February 2020 with the aim of improving the health and wellbeing of residents in North Kensington, and those directly affected by the Grenfell Tower fire with the aim of increasing access to VCS provision and equipping patients to better manage their long-term conditions. KCSC coordinated a varied menu of services, delivered by the VCS, to individuals and groups. “These types of sessions give me life and keep me in good health, I am able to do exercise, socialise, meet with friends, and have a laugh. I feel very good in this group.” 1057 referrals 3290 sessions delivered “I have recently joined the Women’s yoga hosted by Jaya and am glad I have found this resource. It has improved my mind, body and soul as well as helping me to feel more connected to my community.” **----- Start of picture text -----**
Mens Active Exercise, Open Age
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15 ## Sector Support, Representation and Voice ## Organisational Development _Money Worries Event_ ## KCSC’s work with organisations KCSC’s core work supporting the voluntary and community sector (VCS) is delivered by our Organisational Development team. We provide a holistic approach to supporting organisations to ensure they gain appropriate skills, knowledge, confidence and resources. We share best practice and help organisations to get the basics right, enabling them to access funding and ensuring sustainability. This includes advice on creating evaluation systems, developing community engagement strategies, forming governance structures, building financial systems, updating policies, and finding and applying for funding. KCSC offers one-to-one advice, group training, and access to other specialist support, including legal advice. The OD Team supports: - Forming lasting relationships - Remaining community-focussed - Building resilience, self-reliance and sustainability - Encouraging collaboration and peer support within and between organisations 15 training sessions 249 attendees at training sessions 228 one-to-one advice sessions with 116 organisations 16 KCSC Annual Report 2023-24 ## Meet the Funder Events: Our online Meet the Funder sessions enable organisations to hear from funders about current grant programmes, useful advice on improving funding applications and insights into the grant-funding process. KCSC ran 6 events this year, attended by 133 people. 6 events 133 participants 116 organisations ## “Thank you for your patience explaining, your attention and kindness. So many possibilities. Wow, you made funding look less scary and simple.” “We have benefited so much from joining the various meetings and educational classes you run about matters that relate to the work that we do as a CIC, and other charity organisations. I would also like to mention that the website and emails sent are valuable, as it gives an insight into so many things, from health to funding, which really helps once you are in the charity sector. So well done KCSC for being in the community and helping others grow by your support, may you continue the good work.” ## Case study - Organisational Development (OD) The Organisational Development team worked closely with a small charity that brings together older Persian-speaking community members. The Persian Care Centre provides services and activities that improve people’s health and wellbeing, reduce their loneliness and isolation, connect them to relevant support and increase their sense of belonging. Through 1-1 coaching sessions covering project planning, bid writing and budgeting; we supported the charity to become more financially resilient and more optimistic about its future: _“Our funding applications have seen a significant enhancement in quality. [The staff’s] exceptional character, care, guidance and availability have been outstanding… [Their] sense of responsibility and wholehearted effort have provided invaluable support and improvement to our organisation.”_ CSC Annual.Roport 2023-24 ,y. 'JSliiil Iiiiil 111111 l[Ic, 111 1111, 12LI[cr. £ill.l[.f. 21111111111 ' ¥ I 18 ## Sector Support, Representation and Voice Working with the community It was a strong year for our Community Development Team’s work, as the long anticipated New Local Plan reached a pivotal point. This will be the framework for all the planning related processes in the borough. The plan covers actual proposals and development areas; addressing the policies and procedures that surround this. KCSC attended 13 sessions of inquiry. The twenty or so residents that KCSC galvanised have impacted in numerous ways, from actual building plans through to how the council incorporates trauma informed practice into their planning processes, referencing the awful events at Grenfell. KCSC has assisted resident associations experiencing local challenges, helping to chair meetings and attempting to heal rifts. We undertook a process to identify training needs of residents in the borough; with the aim of amplifying voices, building activism, strengthening participation and organising. Building on this, KCSC fostered cooperation across North Kensington in response to the Flourish development. In an allied campaign we facilitated a space to bring the community alongside the tenants of Canalside house, something that is now growing into a big campaign in the North of the borough. We also remain a touchstone for community members and organisations for when they need support, encouragement or just someone to listen. KCSC continued, though the Community Resilience Support Programme (CRSP), to form a strong network of six local food providers with the help of £45,000 from the GLA’s Food Roots programme. Further funding of £5,000 from D Group enabled the team to pilot the Plinth platform to refer residents for specialist support with fuel debt. As a result, the team directly assisted over 500 residents and escalated many cases to our partners Nucleus and Citizen’s Advice. The K&C Together Programme Funded by City Bridge Foundation continued to support local VCS organisations to become more representative and inclusive of their communities and beneficiaries, through training and one-to-one support. We provided tailored support to 14 organisations: including policy and practice reviews, stakeholder audits, developing community involvement methods, and recruiting staff and trustees more equitably. We delivered four training sessions to staff and volunteers of 48 organisations. We supported residents to activate their experiences and use their voices to create positive change with 55 individuals attending training. Through person-centred delivery, residents were equipped with skills and knowledge, given advice and support, provided with signposting information, and referred to rewarding VCS opportunities. Thirty residents signed up for decision-making opportunities. **----- Start of picture text -----**
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20 KCSC Annual Report 2023-24 ## Sector Support, Representation and Voice Sector Voice Development ## Communications KCSC aims to share information quickly and effectively using our website (kcsc.org.uk), e-bulletin, targeted mailings and social media. Our weekly e-bulletin provides information on local, VCS and national issues to hundreds of local organisations, partners, stakeholders and funders. KCSC also uses its communications channels to seek views from the VCS, to ensure that we can represent its views effectively in our work. 1000+ people received the KCSC E-Bulletin each week ## Representation KCSC sits on several Strategic Boards to ensure the voice of the VCS and the role we play is recognised within decision making. The Boards we sit on are: - Bi-borough Collaboration and Delivery Group (Health) - Bi-borough Health and Wellbeing Board - Bi-Borough Integrated Neighbourhood Teams (Health) - Bi-borough Joint Strategic Needs Assessment - Bi-borough Local Safeguarding Children Partnership ## Networking and informationsharing Throughout the year, KCSC consistently ran a range of forums and network meetings that brought local organisations together to share information as well as engage with developments taking place at policy level, and at the front line of statutory and voluntary sector services. KCSC brings organisations together at a range of forums and groups: - Children, Young People and Families Forum - Health and Wellbeing Forum - Kensington and Chelsea Advice Forum - Main Voluntary Organisations Forum - North Kensington Health and Wellbeing Network - Older People Providers Network - Sexual Health Forum - CEO Peer Network - Safer Neighbourhood Board 22 meetings were held - NWL Volunteering and Voluntary Sector Programme Board - RBKC Borough Resilience Forum - Safer Neighbourhood Board - Third Sector Together Executive and Membership Boards Mayor visits SMART 22 ## KCSC’s Current Priorities ## KCSC’s five strategic aims These are taken from KCSC’s Strategic Plan for 2021-2024. ## Strategic Aim 1: ## Organisational Development Build and sustain an effective, resilient, and representative local voluntary and community sector. ## Strategic Aim 2: ## Community Development Enable and support community led social action and voice. ## Strategic Aim 3: ## Voice and Influence Shape and influence policy in areas relevant to the Voluntary and Community Sector. ## Strategic Aim 4: ## Health and Wellbeing Support local voluntary and community organisations to deliver appropriate and effective health and wellbeing services. ## Strategic Aim 5: Central Support Communicate in a timely, appropriate and effective way to KCSC’s stakeholders through a range of media and provide administrative support to ensure that every area of KCSC functions efficiently and that KCSC’s stakeholder engagement activities are responsive and accessible. 23 ## KCSC’s Future Priorities for the Year Ahead taken from our new 3 year Strategic Plan 2024-2027 - Maintain high levels of membership engagement to ensure an effective two-way flow of communication. - Build upon internal and external stakeholder satisfaction and involvement. - Support voluntary and community organisations to be well run and sustainable with strong infrastructure, delivering impactful outcomes for their communities. - Foster a collaborative sector with strong networks, partnerships and consortia. - Build and harness local community voice and alliances. - Bring the VCS together to share, learn and act. - Represent and advocate for the local VCS, for local participation and community leadership. - Co-ordinate Voluntary and Community Sector and statutory sector clinical and social care relationships. - Build and sustain the Voluntary and Community Sector and communities’ voice and role in the design and delivery of health and wellbeing services that aim to reduce health inequalities. 24 ## Auditor’s Report To the Members of Kensington and Chelsea Social Council ## Opinion We have audited the financial statements of Kensington and Chelsea Social Council for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes. 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). ## Opinion on financial statements In our opinion the financial statements: - give a true and fair view of the state of the charitable company’s affairs as at 31 March 2024 and of its income and expenditure for the year then ended; - have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and - have been prepared in accordance with the requirements of the Companies Act 2006. ## Basis for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditorʼs responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRCʼs Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.. ## Other information The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditorʼs report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not 25 KCSC Annual Report 2023-24 express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. ## Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: - the information given in the trustees’ report (incorporating the directors’ report) for the financial year for which the financial statements are prepared is consistent with the financial statements; and - the trustees’ report (incorporating the directors’ report) has been prepared in accordance with applicable legal requirements. ## Matters on which we are required to report by exception In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: - adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or - the financial statements are not in agreement with the accounting records and returns; or - certain disclosures of trustees’ remuneration specified by law are not made; or - we have not received all the information and explanations we require for our audit. ## Responsibilities of the trustees As explained more fully in the Trustees’ Responsibilities Statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative but to do so. ## Our responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditorʼs report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud 26 KCSC Annual Report 2023-24 or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below. In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following: - We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to: - identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of noncompliance; - Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud; - The internal controls established to mitigate risks related to fraud or noncompliance with laws and regulations. - We inspected the minutes of meetings of those charged with governance. - We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience. - We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations. - We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. - In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Councils website at: [www.frc.org.uk/ auditorsresponsibilities]. This description forms part of our auditor’s report. ## Use of our report This 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 undertaken so that we might state to the charity’s members those matters 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 responsibility to anyone other than the charity and the charity’s members as a body, for our audit work, for this report, or for the opinions we have formed. Anthony Epton (Senior Statutory Auditor) for and on behalf of Goldwins Limited Statutory Auditor, Chartered Accountants 75 Maygrove Road, West Hampstead London NW6 2EG 15 September 2024 27 ## Statement of financial activities 28 KCSC Annual Report 2023-24 ## **Balance sheet As at 31 March 2024** **----- Start of picture text -----**
2024 2023
Note £ £ £ £
Fixed assets
Tangible fixed assets 10 3,432
Investments 11 34,231 32,737
37,663 32,737
Current assets
Debtors 12 11,664 18,752
Cash at bank and in hand 17 798,350 1,289,982
810,014 1,308,734
Liabilities
Creditors: amounts falling due within one year 13 (109,646) (240,215)
Net current assets 700,368 1,068,519
Net assets 14 738,031 1,101,256
Funds 15
Restricted funds 514,153 884,756
Unrestricted Funds
Designated funds 11,432 37,000
General funds 212,446 179,500
223,878 216,500
Total Funds 738,031 1,101,256
**----- End of picture text -----**
## **Total Funds** These accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. The Financial Statements were authorised for issue by the Board of Trustees / Directors of Kensington & Chelsea Social Council and signed on its behalf by: Shelina Thawer, PhD Chair Date 9 September 2024 Modan Deb Treasurer Date 9 September 2024 Company Registration Number 04146373 The attached notes form part of the financial statements. 29 KCSC Annual Report 2023-24 Stslwn•nt of Cash flows For the year ended 31 MarGh 2024 Note 2024 2023 Cash flows from operating activities cash provided by opernling adivities 16 {496.621) {487.761) Cash flows from investing activities: Interestl renu dividerKls from investments (Purcha88> of fixed assets 10,137 5,148 8,280 Cash prov5ded by Invesllng actlvltles 4,989 8,280 Change In cash and cash equlvalents In the year (491.632) (479,481) Cash and cash equivalenls at the beginning of the year 1.289,982 1,769,463 Cash and cash •quivalents at the end of the year 17 798.350 1,289,982 30 KCSC Annual Report 2023-24 Notes to the Financlal Stat•ments For the year ended 31 Mar¢h 2024 1 Accountlng pollcles a Basis of preparation of financial statement5 The financial staternents have been prepared in accordance with Ac￿unting and Reporting by Charities: Ststement of Recommended Pradice applicable to charitres preparing their accounts in accordance with the Financial Reporting Stsndard applicabie in the UK and Republic of Ireland (FRS 102 - effective 1 January 2015)- {Chartties SORP FRS 102) arKI the Companies Act 2006. The charttabl8 company meets the definthon of a pubk benefrt entity under FRS 102. Assets and liabilities are inttially recognised at historical cost or transaction value unless Otherwise stated in the relevant a¢￿Unting FX)ll￿ or note. b Golng concern The trustees consider that there are no material uncertainties abcwt the charitable companys abilty to continue as a going concem. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a signrficant rlsk of causing a materfal adjustm8nt to the carTrryng amounts of assets and liatitlities wlthln thè nèxt retx)rtlrKJ p8riod. c Income Income, including income from govemment and other grants, whether '¢apit81' or 'rev8nu8', is recognised when the charity has entitlement to the funds, any perfomance conditions attached to the income have been mel, it is probable Ihat the income will be received and that the amount can be measured reliably. Grants are credited to Income they are r￿1vab￿ unless they are for activities relating speclfically to a specific future period. in which case they a￿ deferred to that perlod. Income rec8ived under contracts for services is recognised in the financial statements in proportion lo the percentage of completion of the contract. d Donations of gifts, services and facilities Donated professional services and facilities are recxjgnised as income vthen the charity has control over the item or received the service. any conditions associated with the donation have been mel, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance ￿ryth the Charities SORP (FRS 102). volunteer time is not rec￿nISed so ￿fer to the trustees, annual report for more 1nfomia￿n about their contribution. On receipt. donated gifts. professi(￿81 servi(x and donated facilities are rewnised on the basis of the value of the grft to the charity which Is the amount the charity would have been willing to pay to obtain serwces or facilities of equivalent economic benefit on th8 open market: a corresponding amount is then recognised in expenditur8 in th8 period of receipL Intoresl recelvable Interest on funds h81d on deposit is included when receivable and the amount can be m8asured reliably by th8 tharty. this is nomially upon r￿1]fiCatiOn of the interest paid or payable by the bank. 31 KCSC Annual Report 2023-24 1 Accountlng policles (continued) f Fund accounting Unreslricted funds are available to spend on activities Ihat further any of the purposes of the charity. Designat8d funds are unrestricted funds which the trustees have decided at their discretion to set aside to use for a spectfic purpose. Reslricted funds are donations which the donor has specified are to be Sole￿ used for partfcular areas of the char[l￿S wr)rk or for specific projects undertaken by the charlty. g Expendlture and Irrecoverable VAT Expenditure is recognised once there Is a legal or constructive obligation to make a payment to a third party. it is probable that settlement will be required and the amount of the obligation can be measured reliabty. Expenditure is classified under the following actrlfjty headings: Costs of raising funds comprise of trading costs and the costs incurred by the Charitab￿ company in inducing third parties io make vO￿ntsry contribu￿nS to ic as well as the cost of any activities with a fvndraising purpose. Expenditure on charitable actrvities includes the costs of delivering services and other activities undertaken to fijrther the purposes of the charity and their associated support costs. Where costs cannot be directly attributed. they have been allocated to a¢tNities on a basis consistent with their use of resources. Costs of premises and administration are alloGated on a per capita basis as follows: Sector support. representalion and voice 79.7. Health and wellbeing 19.8'/fj Support and governance costs 0.5% Other expenditure represents those items not falling inlo any other heading. I￿eCOVerable VAT is charged as a cost against the acbvity for which the expenditure was incurred. h Allocation of support costs Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Supwt costs comprise the salary and overhead costs of the central function. Governance costs are the costs associated 7hith the govemance arrangements of the charity. These costs are associated with constitutional and stattrtory requirements and include any costs associatod with the strategic rnanagement of the charitrfs activitres. Support and govemance costs are re-allocated to each of the actrvities on the following basis which is an estimate. based on slaff time. of the amount attributable to each actiwty Sector supwrt, representation and voice Health and vRllbeing 80.1% 19.9% l Operating leases Rental charges are charged on a straI￿t line basis over the temi of the lease. j Tangible fixed assets and deprttiation Items of equipment are capitalised V•here the purthase price exceeds £2,000. Depreciation is provided at rates calculated to WTite down the cost of each asset to its estlmated resldual value over its expeded useful lrfe. The depreaation rates in use are as follows: Computer equipment 33.3% per annum 32 KCSC Annual Report 2023-24 1 Ac¢ounllng pollcles (conllnued) k Llsted Investmonts Investments are a forni of basic finar￿la1 instrument and are initialty recognisèd at their transaction value and Subsequenty measurèd at thar far value as at the balance sheet date uslng Ihe closing qwted market Pric8. Any change in fair value ￿1[ be recognlsed in the statement of financial actlwtles. In￿rne distributions from investments arè included then receivable and thg amounts can be measured reliably by the charity. this is ni)rmally upon notification of the {r￿rne paid or payable by the investment fund. l Debtors Trade and other debtors are rocognlsed at the settl8m8nt amount due after any tra(le dlscount offered. Prepawnents are valued at the amount pr8paMI net of any trade discounts due. m Cash at bank and In hand Cash at bank and cash in hand includes cash and short temi highiy liquid investments Viith a short maturity of thre8 months or less from the date of affjuistti¢Jn or oper¥ng of the deposit or similar account. n Cr•dltors and provlsio Creditors and provisi0r￿ are recognlsed wh8r8 Ihe chaiity has a present oblgatK)n resultlng from a past event that will probably result in the transfer of furKls to a third paty and the amount due to settle the oblwJation can be measured or estimated reliably. Credliors and provisions are ncfflially reco9nised at th￿r settlement amount after allovAna for anv trade discounts due. o Flnanclal Instrum•nts The charity only has finandal assets and financial liabilit*s of a kind that qualfy as baslc flnancial Instruments. Bastc financial instruments a￿ initralty recc¥nised at trdnsaction value and subsequently mgasured at Ihelr settlement value ￿ryth the exception of bank loans are subsgquenty measured at amortls8d cost uslng the 8ff8ctiva interest method. p Pensions The charltable company agrees to contribute to persmal penslon schemes operated by some members of staff. The charitable company also offers emplosEes an auto enrolment pension scheme to which they make contributions unless they thoose lo opt Tho pensIC￿ cost tharge represent5 contrt)utions pardble by the thaTitabFe company to the scheme. The charitable company has no liablllty under the ￿heM&S other than for the paym8nt of those contributions. 2 Income from donatlons 2024 Total 2023 Total Unrestrlcted Restrictod Tudor Trust Faithfull & Gould Donations 2,000 2,445 20 20 Total donations 2024 20 20 4,445 Total donatlons 2023 2.000 2.445 33 KCSC Annual Report 2023-24 3 Incoming resources from charltsble actlvltles 2024 Total 2023 Total Unrostricted Restrlcted Sedor supporL representation and volce Royal Borough of Kensington & Chelsea Cty Bridge Foundation Trusl for London Tudor Trust Greater London Authority Northwest London ICB Events, seNices for VCO'S, fees 185218 124.950 53.290 50,000 22,836 45,000 310,168 53,290 50,000 22,836 45,000 2.687 8BO 310,143 57.572 50.000 22.405 2,687 581 Tolal soctor support 2024 188.785 296,076 484,861 440.701 Totsl sector support 2023 185,799 254,902 Health and wellbeing Northwest London ICB Royal Borough of Kensington & Chelsea 54.872 717.178 772,050 498.550 67.088 Total health & wellbeing 2024 54,872 717,178 772,050 565,638 Total health & wellbeing 2023 54,872 510,756 Total incomè from charftable actlvllles 2024 243,657 1.013254 1,256.911 1.006.339 Total income from charitable activtbes 2023 240,671 765,658 4 Income from investments 2024 Total 2023 Totsl Unrestricted Restricted Bank interest Bank interest from notice deposit accounts Investment income 2,118 2,118 6,668 1.351 6,774 1.322 1,351 Total income from investm¢nts 2024 10.137 10.137 8.280 Totsl income from investments 2023 8.280 34 KCSC Annual Report 2023-24 5 Analysis of expenditure suppor( rePro￿TrIatIV &vol Hulth and Governance wellbeing ¢osts Support ¢osts Salartes (Note 7) Temporary and freelan￿ staff and consultants Staff and volunteer costs Events. workshops and forums Grants to other organisations Provision of services to develop the sector Payments to partners to deliver services Newslettet5, videos and other media production Service delivery Other project delivery costs Premises and equipment costs Depreciation Insurance Office overheads Audit and compliance 491,825 41,237 8.246 $5,235 155 16,150 24,500 1,035 99.830 34,240 1.958 18,078 166.992 1,893 63 49 3,786 128 30 5.000 553,139 2.299 10,162 14.384 41,078 10 92 12.022 1,716 1.096 10,493 272 2,422 51 11,887 44 705,434 18.354 11.252 889,392 4.560 2.795 14.047 22,914 (22.914) Support costs Governance costs 14,047 Total eX￿ndItUre 2024 735,040 896,747 Prlor year Unrestricted direct expenditure Restricted direct expenditure Unrestricted support & govemance ￿sts allocate( 216,867 385,720 14.320 54.692 891,788 12.164 6,604 12,164 6,604 Total expenditure 2023 616,907 950.928 Of the total expenditure, £258,522 was un￿Str[Gted (2023: £290,327) and £1,373,265 was restricted {2023: £1.2T7.508). 35 KCSC Annual Report 2023-24 2024 2023 597,334 75,668 10,283 78,313 167,147 16,150 24,500 1,035 553,139 28.715 51,516 1,716 1,374 13,010 11,887 504.843 91,703 23,322 71,185 104,347 129,699 1,055 546.277 21.967 51,322 1,810 8.316 11.989 1,631.787 1,567,835 1,631,787 1,567.835 36 KCSC Annual Report 2023-24 ## **6 Net (expenditure)/lncome for the year** |**6 Net (expenditure)/lncome for the year**||| |---|---|---| |This is stated after charging|**2024**|**2024**
2023| ||**£**|**£**
£| |Depreciation|**1,716**|**1,716**| |Auditors' remuneration:||| |• Audit fees||| |• Provision for current year net of VAT|**4,243**|4,095| |• Underprovision in previous year|**85**|**85**| |Operating lease rentals:||| |• Property|**21,252**|42,504| |||=====| ## **7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** Staff costs were as follows: |Staff costs were as follows:||| |---|---|---| ||**2024**|2023| ||£|£| |Salaries and wages|**525,798**|446,539| |Social security costs|**49,483**|43,188| |Employer's contribution to defined contribution pension schemes|**20,374**|13,989| |Employer's contribution to death in service insurance|**1,679**|1,127| ||**597,334**|504,843| |Agency and temporary staff|**46,961 **|66,085| ||**644,295**|570,928| No employee earned greater than £60,000 during the year (2023: nil). The total employee benefits including employer NI and pension contributions of the key management personnel were £179,766 (2023: £95,493). The charity trustees were not paid or received any other benefits from employment with the charity in the year (2023: £nil). KCSC paid for monthly rental for a mobile phone for the Chair during the year totalling £96 (2023: Chair £202). No charity trustee received payment for professional or other services supplied to the charity (2023: £nil). ## **8 Staff numbers** The average number of employees (head count based on number of staff employed) during the year was 14 (2023: 11). The average number of employees (full-time equivalent) during the year for each activity was as follows: ||**2024**|2023| |---|---|---| ||**No.**|No.| |Sector support, representation and voice|**10.9**|9.3| |Health and wellbeing
Governance and Support|**2.5**
**0.1**|2.9
0.1| ||**13.5**|12.3| ||=====|| 37 KCSC Annual Report 2023-24 9 Taxallon The chanty is exempt from corporalm tax as all ts irKome is charitsble and is ap￿led for charitable purposes. 10 Tangiblo Fixed Assets Furnltur• and equipment Total Cost At 1 Apr 2023 Addrtions in year Disposals 60,682 5.148 (6.298 60,682 5,148 6,298 At 31 Mar 2024 59,532 59,532 Depreciation At 1 Apr 2023 Charge for the year Disposals 60,682 1,716 6,298 60,682 1,716 6,298 At 31 Mar 2024 56.100 56,100 Net book value At 31 Mar 2024 3,432 3,432 At 31 Mar 2023 11 Investments 2024 2023 Investments at fair valu•: Listed investrnents - UK 34,231 32,737 34,231 32,737 Movements Market value at the start of the year Net gain(loss) on revaluation 32.737 34,752 2,015 Market value at the end of the year 34,231 32.737 The following holdings constiiuted 5% or mor8 of the total portfolio: 8629.13 ordinary shares in Schroders Unil Trusts Limited 100% 100QA 38 KCSC Annual Report 2023-24 ## **12 Debtors** |**12 Debtors**|||| |---|---|---|---| ||**2024**||2023| ||£||£| |Grant debtors|**1,605**||5,200| |Trade debtors|**2,334**||1,710| |Other debtors|**1,600**||875| |Prepayments|**6,125**||10,967| ||**11,664**||18,752| |**13 Creditors: amounts due within 1 year**|||| ||**2024**||2023| ||£||£| |Tax and Social Security|**14,013**||10,990| |Trade creditors|**80,558**|201,495|| |Connected company|3||3| |Other creditors|**9,980**||22,813| |Accruals|**___ 5__**
**,092**
**___**||_
_
a.| ||**109,646**|240,215|| ## **13 Creditors: amounts due within 1 year** ## **14 Analysis of net assets between funds** |**14 Analysis of net assets between funds**||||| |---|---|---|---|---| ||**General**|||| ||**unrestricted**|**Designated**|**Restricted**|**Total funds**| ||£|£|£|£| |Tangible fixed assets||3,432||**3,432**| |Investments|34,231|||**34,231**| |Current assets|209,725|13,000|587,289|**810,014**| |Liabilities|(31,510)|(5,000)|(73,136)|**(109,646)**| |**Net assets at 31 March 2024**|**212,446**|**11,432**|**514,153**|**738,031**| 39 KCSC Annual Report 2023-24 15 Movements In funds At1P At Jl 2024 Transfers Restricted funds: Finan(* service (RBK&C) Voluntary sector transfomiation {NWL ICB} K&C Together -city Bridge Foundation -Tudor Trust Stroryer Vows -Trust for London -Tudor Trust Community Resilien￿ (RBKC) Food support (RBK&C) Food Roots (GLA) Community leadership programrne (RBK&C) Self car& North Ken {NWL CCG) Seff care My Care W Way (NWL ICB) 4Jrogrammè administration )irect support to the sector Sew care innovations {NWL CCG) 4>rograrnm8 administration -Dired support to the sector Self c8re mental health (NWL ICB) 4•rogramme administrati¢)n -Grants to organisations Hospital discharge (Central London Communty Healthcare NHS Trust) 49,950 {56,469} (210.071) (65) (1,293) 542.530 331.166 {2.226) 53,290 {49.102) {2,000} (309) 1,653 4.n4 9.203 38.718 45.0(X) 50.000 (54,724) 22.836 (22,451) 75.000 (104,670) {465) 44.166 (45,000) 9.123 53,274 45,000 (26,000) 19,000 (6.905) (634) 81.474 395.C4)0 (471,946) 3.894 15,132 15,132 75,176 80.874 172.178 (177,876) {1,031) 16.203 {4,378) 5,409 (1.174) (15.029) 1,176 29.157 21,950 {7,741) (15,385) 128.050 {166.993) 9,786 23,405 17,670 5,735 Totsl restrlct•d funds 884,756 1,013,254 514153 1.373,265 10,592 Unrestricted funds: Designated fvnd8.- Project support Website and database upgrade Depreciation fund 25.000 12.000 (5,000) (12.000) 1,716 {12.000) 8.000 5,148 3.432 Totsl designated fvnds General funds Unrealised gains on investment assets 37.000 179.500 (18.716) (239.806) (6.852) 17,444 11.432 210.952 253.814 1,494 Totsl unrestricted funds 216.500 255.308 258.522 10.592 223.878 Total funds 1,101.256 1.268.562 1.631.787 738,031 Transfers Between Funds Transfers are made from funds for the full amount of purchases of capital equipment to th8 d8signat8d depreciation fund and depreciation of these assets is charged to that fund. For capital ttems bought specificalty for a project. the whole cost Is charged to that project. Other￿Se the cost Is allocated across the projects on the same basis as other costs. Transfers are rnade from general unrestricted funds to ￿Ver defictis on completed restricted projects. Transfers have been made to and from designated funds in line %*ith the Reserves Policy and between restricted funds and between ￿$trIcted and unrestricted funds the agreement of the funders. 40 KCSC Annual Report 2023-24 Purposes of restrlcted funds Finance service (RBK&C) Provision of ¢apaaty building finance services to VCOS delFvering services to residents of Kensington and Chelsea. Voluntary sector transformation (NWL ICB) Funding frorn the NortIN￿t London Integrated Care Board (previously the West London Cknical Commissioning Group (WLCCG)) has been awarded lo deliver a programme of volurrtary sector transformation support wthich will enable KCSC to support the inclusion of the voluntary sector into the Bi- borough's devek)ping integrated care arrangements. Posltion organisations to be tender ready for NHS contracts in the future and to strength8n the self care ¢onsortium run by KCSC. KCSC'S role is to administer lead the project. K&C Together (Cty B￿e Foundation) Cty Bridge Foundation has awarded funds for a project ￿lch aims to support the inclusion and representation of local people in k)cal voluntsry and communty organlsatlons. Tudor Trust has also contrlbuted a ￿rtIon of the grant for Stronger Voices to support this project. Stronger Volces ITrust for London & Tudor Funding has been received Is for the post of the Community Trust) Development Manager vtho wll work diwtly with a range of local stskeholders to strengthen the capacity and skills of residents and organisations to collectively respond to local chaI￿nge$ and influence decbsion making. Community resilience and supp(Ki programme (RBK&C> The furKling is to support the coordination of food providers and the kx21 VCS in ())Ilaboration with 5L3tutory services to deliver help to residents affected by the cost of living crisks. Food Roots (GLA) The Food Roots programme is to help fcM)d partnerships across London to develop more sustainable and resilient ways of working to better support food insecure Londoners. Community Leadership Programme {RBK&C) The funder has agreed that the unspent funds can be transferred to unrestricted funds to support KCSC'S sector support work. North Kensington self care (NWL ICB) Fundlng was awarded to set up a sopial prescribing programm8 to support the Grenfell R8cov8ry. Funding is tsrgetted at providing emotional and menlal health wellbeing services as well as other services that will support the communlty of North Kensing￿. 41 KCSC Annual Report 2023-24 Purposes of restricted funds {continu•d) Self Care pilot service deltvery (NWL ICB) KCSC manages the self care contract funded by NWL ICB. The work includes negotiating contracts wilh voluntary and communty sector prowders arKI overseeing the systems and fun¢ttons including the referrals and monitoring. KCSC also advocates on behalf of provrders to the NWL ICB to ensure they understand the needs of the providers. The delivery 818ment of Ihe programme Is the funds paid out to the providers for delivering the self care seNices. Self care innovations {NWL ICB} Provided by NWL ICB, the grant was to admlnlster a grant ogramme as wel as contract specific pieces of v￿rk, all of which allow ts testing new ideas with a view to running sustainable heath and v￿lIbeing services. The project is now finished and the unspent funds have been transfe￿ed to other self care projects. Self care mental health engagement {NWL Tr funding was t*ovided to continue th8 expansion of the seir ICB) care pilot into mental health. KCSC'S role was to admlnlster programme to give grants directly to VCO'S to deliver wellbeing seNices for people with mentsl health needs. The programme now completed. Hospilal discharge (Central London Community Healthcare NHS Trust) Funding to enable voluntary sector organisations to carry out pilot projects aimed at improving the process of patient discharge from hospttals and reducing readmittance rates. Purposes of deslgnated funds Project support Funds have been sel aside to provide additional aid to ensure capaiity is fully mel in delivering projects. Funds were used in the year to cary out an extensive outcomes and impact review exercise with kxal stakeholders. The remaining funds will be used for a Blg Lottery consultation. Website and datsbase upgrade Funds were set aside to cover the costs of upgrading elements of the website and database which have come to the end of their use. The upgrade Is now complete. 42 KCSC Annual Report 2023-24 16 Roconclliation of net income l (expendliure) lo net cash flow from operaling activltles 2024 2023 Net income for the reporting perlod {as por tho statement of financial activibes) Depreciation Interest. rent and dividends from inveslrnents (Gains) on investments Deu8ase in debtors {Decreas8Yincrease in creditors (363,225) 1,716 (10,137) (1,494) 7,088 130,569 250,269 4,488 (7.915) {1.003) 55,770 72.965 Not cash provlded by opwating actlvttles 496,621 374,574 17 Analysis of ￿$h and cash equivalents 2024 2023 Cash at bank and in hand Cash in notice deposFt accounts 244.811 218,943 553.539 1.071.039 798,350 1,289,982 18 Operattng lease commltments Total future minirnum lease payments under rK)n-cancellable operating leases are as follows: Proporty 2024 2023 Less than 1 year 1-2Years 21.252 42,504 21,252 21,252 63,756 19 Legal status of th• charity The charrty is a company limited by guarantee and has no share capltal. Each member is liable lo contrlbute a sum not exceeding £1 in the event of the Charity being wound up. 20 Related party transactions There are no related party transactions to disck)se for 2024 (2023: none). There are no donatlons from related parties which are oubide the normal course of buslness and no restriGted donations from rekted parties. 43 KCSC Annual Report 2023-24 21 Notes from 2023 accounts a Analysls of assets and Ilabllltles by funds of prevlous reporung period fj•n• ymestri¢t￿ Desi9nat•d R••trict•d Total funds Investments Current assets Liabilit 32.737 183.932 (37.169) 32.737 1,087,802 1,308.734 203.046) 1240,215 37,000 Net assets at 31 March 2023 179.500 37,000 884,756 1,101,256 b Details of movement in funds during the previous reportww period Ati 2022 AtJl Mar 2023 Inc¢xM E¥p•ndlturo Tran•fws Restrfcted funds: Finance service {RBK&C) Voluntary $￿tOr transfomatlon (MLCCG) K&C Together -Cty Bridge Trust -Tudor Trust Grenfell engagement (Tudor Trust) Stronger Voices -TTusI for London -TudrA Trust Communty Resilience IRBKC) -RBK&C aithfun & Goukl Food support (RBK&C} Communty leadership programrne (RBK&C) Vaccin8 awareness (RBK&C) Self care North Ken {NWL CCG) Seff cate ddivery (NWL CCG> Self care innovations {NWL CCG) -Programme administration -Direct support lo the sector Seff care mentsl health (NWL CCG} rogramme administration rants to organisations Community Hèalthcare NHS Trusi) 15,523 705.501 49,925 (58,864) (162,971) $42,530 3.081 57,572 4,000 (62.879) (2.000) (5,861) 12,226) 2.000 5,488 373 50,000 18.405 (45.276) (9.202) 4.724 9.203 75.000 2.445 (36.222) (2.445) 38.778 45.000 6,905 58.104 380,280 10.598 45,000 6,905 67,088 130,000 226.178 {127.261) {428,806) {155.902) 2,069 81A74 80,874 4,265 64.535 (5.296) (48.332) {1,031) 16,203 7,487 57,829 27,113 11,825 75.675 (18,136) (104.347) 3.708 1,176 29,1FI 23.405 Total restrlcted funds 1,391,709 768,113 1377,508 2,442 884,756 44 KCSC Annual Report 2023-24 ## **21 Notes from 2023 accounts (continued)** ## **b Details of movement in funds during the previous reporting period (continued)** |**Unrestricted funds:**|||||| |---|---|---|---|---|---| |_Designated funds:_|||||| |Project support|55,000|||(30,000)|**25,000**| |Fundraising and strategy|17,000|-|(2,496)|(14,504)|-| |Website and database upgrade||||12,000|**12,000**| |_Total designated funds_|72,000||(2,496)|(32,504)|**37,000**| |General funds|188,333|250,951|(287,831)|30,062|**181,515**| |Unrealised gains on investment assets||(2,015)|||**(2,015}**| |**Total unrestricted funds**|**260,333**|**248,936**|**{290,327}**|**{2,442) **|**216,500**| |**Total funds**|**1,652,042**|**1,017,049**|**(1,567,835}**|-|**1,101,256**| 45 ## Thank you to our funders Kensington and Chelsea Social Council would like to thank all the funders that have supported us during the year. This publication is written by KCSC and designed by Positive Design Works. We would like to thank the local organisations who kindly donated photos for us to use, as examples of the work of hundreds of organisations in the borough. 46 KCSC Annual Report 2023-24 Notes Working to strengthen local voluntary and community organisations Kensington and Chelsea Social Council 111-117 Lancaster Road London W11 1QT Phone: 020 7243 9800 Email: info@kcsc.org.uk Web: www.kcsc.org.uk Working to strengthen local voluntary and community organisations