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← Kensington And Chelsea Social Council

2025-03-31-accounts

Strengthening and championing local communities and our voluntary and community sector

Annual Report and Accounts

2024-25

Contents

Contents
About KCSC page 3
Legal and Administrative Information 4
Welcome from the Chair 5
Introduction from the Chief Executive Offcer 6
Directors/Trustees’ Report 7
Activities and Achievements in 2024-25
- Health and Wellbeing 9
- Sector Support, Representation & Voice 11
KCSC’s Current Priorities 15
Achieving Key Performance Indicators 16
Auditor’s Report 18
Statement of Financial Activities 21
Thank you to our funders 38

KCSC Annual Report 2024-25 3

About KCSC

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KCSC Staff and Trustees Away Day
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Our Vision

Powerful, engaged communities driving change.

Our Values

Our Mission

Strengthening and championing local communities and our Voluntary and Community Sector.

Our Position

KCSC Annual Report 2024-25 4

Legal and Administrative Information

Directors and Trustees

Chris Brophy (Vice Chair) (Resigned 4/11/24) Helen Cylwik Judith Davey (Resigned 01/08/24)

Modan Deb (Treasurer) Ann Goodger (Resigned 18/10/24) Simone Stephen Dr Shelina Thawer (Chair) Anna-Louise Thomond

Company Number

04146375

Charity Number

1087457

Registered Office

111-117 Lancaster Road London W11 1QT

Independent Auditors

Chief Executive Officer

Angela Spence

Goldwins Limited 75 Maygrove Road London NW6 2EG

Bankers

CAF Bank Ltd PO Box 289, West Malling Kent ME19 4JQ

Solicitors

Russell Cooke 2 Putney Hill London SW15 6AB

KCSC Annual Report 2024-25 5

Welcome from the Chair

Dear Members and Colleagues,

It is my pleasure to present this year’s Annual Report, which reflects both the work of KCSC and our financial position.

During 2024–25, we began the implementation of our new three-year strategy and the development of key performance indicators, enabling the Board of Trustees to track progress and ensure accountability. In the following pages, you will see some of the results and outcomes from the efforts of KCSC’s staff and our collaborators.

As a local infrastructure organisation, KCSC is not immune to the financial challenges affecting the voluntary and community sector. We have had to respond to reduced funding and a more competitive fundraising environment—pressures shared by many of our member organisations. This underlines the importance of planning for multiple futures. With so few of us able to rely on secure funding beyond two or three years, it is essential that we remain agile and resilient, preparing for different scenarios so that we can continue to serve our communities effectively.

I would like to take this opportunity to thank our stakeholders—our funders, our partners, and, most importantly, our members. Your engagement, collaboration, confidence and support are what make KCSC’s work meaningful and impactful. Together, we look forward with determination and optimism, continuing to strengthen the voluntary and community sector across Kensington and Chelsea.

Finally, I want to recognise the commitment of both the KCSC staff team and my fellow Trustees, who continue to work tirelessly despite the wider economic challenges. A particular note of gratitude goes to two of our long serving trustees, Judith DaveyCole and Ann Goodger , as well as Chris Brophy , who stepped down from the Board during the year - my warmest appreciation for your invaluable contribution, dedication and years of service.

Dr Shelina Thawer 21 August 2025

KCSC Annual Report 2024-25 6

Introduction from the Chief Executive Officer

Dear Members and Colleagues,

I would like to thank all of KCSC’s stakeholders, notably our members, for your continued support. I am always inspired by the way you adapt to ongoing challenges to ensure residents receive vital services.

This year has seen significant shifts in the funding landscape, with some funders prioritising racial justice and equity. While this is welcome, it has also presented challenges for KCSC as an organisation that provides broad support to all voluntary and community groups. Despite this, staff and trustees have worked hard to maintain our strong local standing while seeking to address our long-term sustainability.

Guided by our new strategic plan, we launched the VCS Assembly, with poverty and inequality as the opening theme. We also introduced new services, including a Senior Managers’ Network, borough-wide capacity-building surgeries, and a Global Majority Network.

Some of our wider work has also included:

I am so proud that we also secured Health Inequalities Transformation funding to lead the Community Solutions programme which will distribute £640,000 over three years for VCS organisations to raise mental health awareness within Global Majority communities.

During this year we have grown our membership and started to engage more with organisations that had not previously connected with us.

I would like to express my deepest appreciation to the dedicated staff team at KCSC, past and present during 2024-25, whose commitment, tenacity, and creativity underpin everything we achieve. I am equally grateful to our trustees, whose guidance and support have been invaluable in navigating another challenging yet rewarding year.

With the continued support of our stakeholders, I am confident that KCSC will remain a strong, trusted partner for the voluntary and community sector in Kensington and Chelsea as we enter 2025-26.

Angela Spence, CEO 21 August 2025

KCSC Annual Report 2024-25 7

Directors/Trustees’ Report

The Trustees present their report and the financial statements for the year ending 31 March 2025.

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 2024-2027 Strategic Plan is ‘Strengthening and championing local communities and our Voluntary and Community Sector’. 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 automatically 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.

An elected trustee can serve up to two terms of three years each, after which they must take a break for at least twelve months. Under exceptional circumstances following membership approval, a trustee can serve a total of three terms in office before taking a break.

For the purpose of transparency at the AGM and for noting within the minutes, members will be informed which trustees will be serving a second term.

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.

KCSC Annual Report 2024-25 8

Risk Management

The charity maintains a risk register. Trustees have considered the risks faced by KCSC and these are reviewed annually. In 2024-25, special attention was paid to maintaining overall financial stability due to the ending of some NHS/Trust and Foundation funds and meeting legal compliance as a corporate member of the Earls Court Family and Nursery Centre.

Financial Review

The Statement of Financial Activities shows incoming resources for the 2024-25 yearend of £1,62,068 (2023-24: £1,267,068) and outgoing resources of £1,388,140 (2023-24: £1,631,787). At this point, restricted funds were £328,705 (2023-24: £514,153), designated funds were £1,716 (2023-24: £11,432) and unrestricted funds were £181,306 (2023-24: £223,878).

Our largest funders are the Royal Borough of Kensington and Chelsea and North West London Integrated Care Board (NWL ICB), income from which represents 89% of total income.

Funding is provided through a mix of service level agreements and grants. From our total 2024-25 income, £618,813 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 £32,283 (202324: £34,231), 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 year ahead.

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 21 August 2025

KCSC Annual Report 2024-25 9

Activities and Achievements in 2024-25

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

The Health & Wellbeing team supported the delivery of two key self-care programmes: My Care My Way (MCMW) and Healthier Futures North Kensington (HFNK). Both achieved over a 90% client satisfaction rate and significant improvements in participant wellbeing. HFNK saw a huge 31% increase in participant wellbeing. Programme management surveys indicated nearly 100% satisfaction with contract management and support.

HFNK was wound down in March 2025 as funding ended. While the decision was met with disappointment, the provider survey reflected high satisfaction with how the closure was managed. KCSC has supported the development of a business case for a proposed North Kensington Recovery Programme, which is currently under review.

KCSC delivered four in-person Health & Wellbeing Forums and four online North Kensington Health & Wellbeing Network sessions, with 116 total attendances and 100% satisfaction ratings.

• 84% of participants said they gained new knowledge

• 90% said the events helped them connect and felt KCSC was responding to sector priorities

MCMW Performance 2024-2025

Across five providers and 15 services:

Healthier Future Performance 2024-2025

Between 11 providers and 12 services:

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Self-care drop-in
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KCSC Annual Report 2024-25 10

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Active for Health session at FAWA
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Vibrant & Healthy Communities Programme

KCSC and One Westminster, in collaboration with the Integrated Care Board (ICB), have led the Vibrant & Healthy Communities (VHC) programme, which has grown significantly over the past year. The team secured £1 million in NHS Health Inequality Transformation funding over three years.

In collaboration with three partners, KCSC launched the 2024–2027 Community Solutions Fund, distributing around £600,000 to VCS organisations. This supports initiatives raising mental health awareness and reducing stigma, particularly among global majority communities. It also supported the development of tools and frameworks to embed community voice in health system decision-making. KCSC and One Westminster published the “On Our Terms” Report on how the sector collects and reports impact.

KCSC partnered with Public Health to launch the Community Public Health Programme, a £2.6 million investment in the VCS to address physical health, nutrition, and mental health. We supported the design, planning, selection of VCS partners, mobilisation and delivery. KCSC was also a key player in the RBKC Neighbourhood Health agenda. Actively contributing to leadership groups, we ensure the VCS is integrated into planning.

KCSC Annual Report 2024-25 11

Sector Support, Representation and Voice

Organisational Development

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Visit to Pamodzi
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KCSC’s Organisational Development team delivers our core work of supporting the VCS. 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, forming governance structures, updating policies, finding and applying for funding.

This year we developed our outreach offer to organisations to include surgeries, for example on fundraising and finance, in the north and south of the borough. We also delivered a flexible mix of 1:1 sessions, including site visits and meetings online or at our office, reflecting the varying needs of local organisations.

We have continued to provide a training programme for local organisations, based on feedback on their needs. This year’s workshop topics included staff management, volunteer management, fundraising, capturing impact, conflict management and preparing accounts.

Our online Meet the Funder sessions enabled organisations to hear current information from funders about grant programmes. OD also regularly updated KCSC’s Funding Page with local and national sources of funding to support local organisations develop their sustainability.

“We would like to express our heartfelt appreciation to the team at KCSC for their outstanding support. KCSC’s belief in us and its commitment to enabling grassroots organisations like ours has had a transformative impact.”

KCSC Annual Report 2024-25 12

Case study - Organisational Development (OD)

KCSC supported an organisation providing film related courses, as well as emotional support and employability training to young people from low-income families. We helped them to source funding to continue their work and gave feedback on funding applications. We also advised on involving participants in service design, on how to capture and describe this, and on budgeting for projects. The organisation was successful in obtaining £23,000, which will support them in continuing their work with young people. They continue to be supported by KCSC, attending our training and networking opportunities for local non-profit groups.

“[OD] has been extremely helpful in the fundraising support. Very dedicated & very articulate. We hope we can work with them more going forward.”

1:1 ADVICE

300 sessions

119 organisations

TRAINING

14 sessions

214 attendances 122 organisations

MEET THE FUNDER

3 sessions

67 attendances

50 organisations

KCSC Annual Report 2024-25 13

Sector Support, Representation and Voice Working with the community

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Our Community, Our Voice meeting
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KCSC made strong progress amplifying local voices and strengthening community cohesion. Our Community, Our Voice! training, co-designed with residents, boosted confidence through sessions on public speaking, communication, and organising. We led key discussions on housing, section 106, and planning, launched our Local Plan report, bringing an enthusiastic RBKC into the discussion. KCSC continued to push for a refreshed Charter for Public Participation and joined efforts to protect Canalside House. Through Mattison’s £25,000 Community Chest, we funded eight grassroots groups. Despite wider institutional challenges, community action remains strong, and KCSC stands firmly alongside residents driving change.

Through our Community Resilience programme, we continued working with organisations supporting local people at the sharpest end of financial hardship. Led by the conviction that no one in Kensington and Chelsea should be unable to afford their minimum needs, we piloted a range of dignity-first approaches with six food aid organisations. Thanks to training, 1-1 and peer support, and participation in wider networks (Food Roots, Feeding Britain, Alliance for Dignified Food Support, Money Guiders England), the providers have been able to deliver more holistic, cash-first crisis responses, and have developed stronger pathways to advice and wraparound support for the people they support.

KCSC Annual Report 2024-25 14

Sector Support, Representation and Voice Networking and information-sharing

Throughout the year, KCSC ran a range of forums and network meetings to bring local organisations together to share information as well as engage with developments both taking place at policy level, and at the front line of statutory, NHS and voluntary sector services.

KCSC brings organisations together through a range of forums and groups:

50 meetings were held

KCSC Annual Report 2024-25 15

KCSC’s Current Priorities

KCSC’s Strategic Plan priorities.

Organisational Development Strategic Aim 1:

Build and sustain an effective, resilient, and representative local voluntary and community sector.

Community Development Strategic Aim 2:

Enable and support community-led social action and voice.

Voice and Influence Strategic Aim 3:

Engage, lead and facilitate collective action within the VCS to shape influence and challenge local decision making.

Health and Wellbeing Strategic Aim 4:

Support local voluntary and community organisations to shape and deliver appropriate and effective health and wellbeing services to reduce health inequalities.

Central Support Strategic Aim 5:

Communicate in a timely, appropriate and effective way to internal and external stakeholders providing administrative support and ensuring responsive and accessible activities.

KCSC’s Strategic Plan, 2024-2027 can be found here.

KCSC Annual Report 2024-25 16

Achieving Key Performance Indicators

We gather information from feedback forms, surveys and online analytics that tells us how we are performing.

KCSC Annual Report 2024-25 17 Voice and influence 100% attendees at KCSC summits, networks and forums believed that they have been able to share and leam. exceeding a 70% target Our summits and assemblies achieved an 83% Satisfaction rate. against a target of 80% 75% of our Global Majority Thought Leadership participants agreed that we have amplified their voice to influence decision makin& exceeding a target of 60% Health and Wellbeing oaaao Our Health and Wellbeing events achieved an average 94% satisfaction rate against an 80% target KCSC collaborated in attracting over £lm of funding for health-reLated programme delivery over three years Our self-care programmes exceeded a 10% target to achieve an average 15% reported increase in patient wellbeing Central Support 48 e-bulletins achieved a clickthrough average of 46.44%. exceeding our 28.59% target Our membership increased by 32%. exceeding our annual target of 10% Exceeding a 5% target, we received 70% more feedback forms from ourtraining and events participants than in the previous year

KCSC Annual Report 2024-25 18

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 2025 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:

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

KCSC Annual Report 2024-25 19

other information and, except to the extent otherwise explicitly stated in our report, we do not 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:

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:

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 auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but

KCSC Annual Report 2024-25 20

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 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:

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

16 October 2025

KCSC Annual Report 2024-25 21

Statement of financial activities

Statement of financial activities (including a summarised income and expenditure account) For the year ended 31 March 2025

Unrestricted
Funds
Note
£
Income from:
2
187
Charitable activities
3
Sector support, representation and voice
190,218
Health and wellbeing
55,656
Investment income
4
11,196
Total income
257,257
Expenditure on:
Charitable activities
5
Sector support, representation and voice
212,610
Health and wellbeing
66,564
Total expenditure
279,174
6
(21,917)
Net gain/(loss) on investments
11
(1,948)
Net (expenditure)/income for the year
(23,865)
(18,707)
Net movement in funds
(42,572)
Reconciliation of funds
Total funds brought forward
223,878
Total funds carried forward
15
181,306
Transfers between funds
Net (expenditure)/income before net gains
on investments
Donations		 Restricted
Funds
£
-
209,360
695,451
-
904,811
384,533
724,433
1,108,966
(204,155)
-
(204,155)
18,707
(185,448)
514,153
328,705		 2025
Total
£
187
399,578
751,107
11,196
1,162,068
597,143
790,997
1,388,140
(226,072)
(1,948)
(228,020)
-
(228,020)
738,031
510,011		 2024
Total
£
20
484,861
772,050
10,137
1,267,068
735,040
896,747
1,631,787
(364,719)
1,494
(363,225)
-
(363,225)
1,101,256
738,031

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.

KCSC Annual Report 2024-25 22

Balance sheet As at 31 March 2025

Balance sheet
As at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible fixed assets 10 1,716 3,432
Investments 11 32,283 34,231
33,999 37,663
Current assets
Debtors 12 148,385 11,664
Cash at bank and in hand 17 513,404 798,350
661,789 810,014
Liabilities
Creditors: amounts falling due within one year 13 Creditors: amounts falling due within one year 13 (185,777) (109,646)
Net current assets 476,012 700,368
Net assets 14 510,011 738,031
Funds 15
Restricted funds 328,705 514,153
Unrestricted Funds
Designated funds 1,716 11,432
General funds 179,590 212,446
181,306 223,878
Total Funds 510,011 738,031

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:

Dr Shelina Thawer, PhD

Modan Deb

Chair Date 21 August 2025

Treasurer Date 21 August 2025

Company Registration Number 04146373

The attached notes form part of the financial statements.

KCSC Annual Report 2024-25 23

Statement of cash flows For the year ended 31 March 2025

Note
Cash flows from operating activities
Net cash provided by operating activities
16
Cash flows from investing activities:
Interest/ rent/ dividends from investments
(Purchase) of fixed assets
Cash provided by investing activities
Change in cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
17		 2025
£
(296,142)
11,196
-
11,196
(284,946)
798,350
513,404		 2024
£
(496,621)
10,137
(5,148)
4,989
(491,632)
1,289,982
798,350

KCSC Annual Report 2024-25 24

Notes to the Financial Statements For the year ended 31 March 2025

1 Accounting policies

a Basis of preparation of financial statements

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102 - effective 1 January 2015) - (Charities SORP FRS 102) and the Companies Act 2006.

The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

b Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

c Income

Income, including income from government and other grants, whether 'capital' or 'revenue', is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Grants are credited to income when they are receivable unless they are for activities relating specifically to a specific future period, in which case they are deferred to that period. Income received under contracts for services is recognised in the financial statements in proportion to the percentage of completion of the contract.

d Donations of gifts, services and facilities

Donated professional services and facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, 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 with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

KCSC Annual Report 2024-25 25

1[Accounting policies (continued)]

f Fund accounting

g Expenditure 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 reliably. Expenditure is classified under the following activity headings:

Costs of premises and administration are allocated on a per capita basis as follows: Sector support, representation and voice 68.3% Health and wellbeing 29.7% Support and governance costs 2.0%

h Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs comprise the salary and overhead costs of the central function.

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

Support and governance costs are re-allocated to each of the activities on the following basis which is an estimate, based on staff time, of the amount attributable to each activity

Sector support, representation and voice 69.7% Health and wellbeing 30.3%

Rental charges are charged on a straight line basis over the term of the lease.

j Tangible fixed assets and depreciation

Items of equipment are capitalised where the purchase price exceeds £2,000. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment

33.3% per annum

KCSC Annual Report 2024-25 26

1 Accounting policies (continued)

k Listed investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. Any change in fair value will be recognised in the statement of financial activities. Income distributions from investments are included when receivable and the amounts can be measured reliably by the charity; this is normally upon notification of the income paid or payable by the investment fund.

l Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

m Cash at bank and in hand

n Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

o Financial instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

p Pensions

The charitable company agrees to contribute to personal pension schemes operated by some members of staff. The charitable company also offers employees an auto enrolment pension scheme to which they make contributions unless they choose to opt out. The pension cost charge represents contributions payable by the charitable company to the scheme. The charitable company has no liability under the schemes other than for the payment of those contributions.

2 Income from donations

Donations
Total donations 2025
Total donations 2024		 Unrestricted
£
187		 Restricted
£
-		 2025
Total
£
187		 2024
Total
£
20
187 - 187 20
20 -

KCSC Annual Report 2024-25 27

3 Incoming resources from charitable activities

Incoming resources from charitable activities
Royal Borough of Kensington & Chelsea
Trust for London
Tudor Trust
Greater London Authority
City Bridge Foundation
Events, services for VCO's, fees
Total sector support 2025
Total sector support 2024
Health and wellbeing
Total health & wellbeing 2025
Total health & wellbeing 2024
Total income from charitable activities 2025
Total income from charitable activities 2024
Sector support, representation and voice
Northwest London ICB
Northwest London ICB
Westminster City Council
Westway Trust		 Unrestricted
£
186,368
-
-
-
-
-
-
-
3,850		 Restricted
£
91,153
51,500
23,269
24,525
6,480
4,500
7,933
-
-		 2025
Total
£
277,521
51,500
23,269
24,525
6,480
4,500
7,933
-
3,850		 2024
Total
£
310,168
50,000
22,836
45,000
2,687
-
-
53,290
880
190,218 209,360 399,578 484,861
188,785 296,076 751,107 772,050
55,656 695,451
55,656 695,451 751,107 772,050
54,872 717,178 1,150,685 1,256,911
245,874 904,811
243,657 1,013,254

4 Income from investments

Bank interest
Bank interest from notice deposit accounts
Investment income
Total income from investments 2025
Total income from investments 2024		 Unrestricted
£
6,898
2,946
1,352		 Restricted
£
-
-
-		 2025
Total
£
6,898
2,946
1,352		 2024
Total
£
2,118
6,668
1,351
11,196 - 11,196 10,137
10,137 -

KCSC Annual Report 2024-25 28

5 Analysis of expenditure

Analysis of expenditure
Sector
support,
representation
& voice
£
Salaries (Note 7)
448,217
Temporary and freelance staff and consultants
27,462
Staff and volunteer costs
8,341
Events, workshops and forums
10,761
Grants to other organisations
900
Provision of services to develop the sector
-
Payments to partners to deliver services
20,300
Newsletters, videos and other media production
1,094
Service delivery
-
Other project delivery costs
4,836
Premises and equipment costs
39,019
Depreciation
-
Insurance
1,692
Office overheads
9,252
Audit and compliance
-
571,874
Support costs
16,155
Governance costs
9,114
Total expenditure 2025
597,143
Prior year
Unrestricted direct expenditure
150,342
Restricted direct expenditure
525,486
Unrestricted support & governance costs allocated
29,606
Total expenditure 2024
705,434		 Sector
support,
representation
& voice
£
448,217
27,462
8,341
10,761
900
-
20,300
1,094
-
4,836
39,019
-
1,692
9,252
-


Health and
wellbeing
£
137,641
13,605
4,230
370
-
-
89,348
25
509,165
2,962
18,169
-
736
3,762
-
Governance
costs
£
2,078
71
20
-
-
-
-
-
-
12
105
-
5
63
10,721
Support costs
19,159
691
200
1
-
-
-
2
-
118
1,014
1,716
45
232
-
571,874
16,155
9,114		 780,013
7,023
3,961		 13,075
-
(13,075)		 23,178
(23,178)
-
597,143 790,997 - -
34,258
847,779
7,355		 14,047
-
(14,047)		 22,914
-
(22,914)
705,434 889,392 - -

Of the total expenditure, £279,174 was unrestricted (2024: £258,522) and £1,108,966 was restricted (2024: £1,373,265).

KCSC Annual Report 2024-25 29

2025
£
607,095
41,829
12,791
11,132
900
-
109,648
1,121
509,165
7,928
58,307
1,716
2,478
13,309
10,721		 2024
£
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
1,388,140
-
-		 1,631,787
-
-
1,388,140 1,631,787

KCSC Annual Report 2024-25 30

6 Net (expenditure)/income for the year

This is stated after charging :
Depreciation
Auditors' remuneration:
Audit fees
Provision for current year net of VAT
Underprovision in previous year
Operating lease rentals:
Property		 2025
£
1,716
4,434
57
10,626		 2024
£
1,716
4,243
85
21,252

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes
Employer's contribution to death in service insurance
Agency and temporary staff		 2025
£
529,889
50,576
23,530
3,100		 2024
£
525,798
49,483
20,374
1,679
607,095
15,140		 597,334
46,961
622,235 644,295

No employee earned greater than £60,000 during the year (2024: nil).

The total employee benefits including employer NI and pension contributions of the key management personnel were £180,348 (2024: £179,766).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2024: £nil). KCSC paid for monthly rental for a mobile phone for the Chair during the year totalling £96 (2024: Chair £96). Another trustee was paid expenses of £61 (2024: £nil). No charity trustee received payment for professional or other services supplied to the charity (2024: £nil).

8 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 14 (2024: 14).

The average number of employees (full-time equivalent) during the year for each activity was as follows:

Sector support, representation and voice
Health and wellbeing
Governance and Support		 2025
No.
9.0
3.9
0.3		 2024
No.
10.9
2.5
0.1
13.2 13.5

KCSC Annual Report 2024-25 31

9 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10 Tangible Fixed Assets

Tangible Fixed Assets
Cost
At 1 Apr 2024
Additions in year
At 31 Mar 2025
Depreciation
At 1 Apr 2024
Charge for the year
At 31 Mar 2025
Net book value
At 31 Mar 2024
At 31 Mar 2025
Investments
Investments at fair value:
Listed investments - UK
Movements
Market value at the start of the year
Additions at cost
Disposals at carrying value
Net gain(loss) on revaluation
Market value at the end of the year
The following holdings constituted 5% or more of the total portfolio:
8629.13 ordinary shares in Schroders Unit Trusts Limited		 Furniture and
equipment
£
59,532
-		 Total
£
59,532
-
59,532 59,532
56,100
1,716		 56,100
1,716
57,816 57,816
1,716 1,716
3,432 3,432
2025
£
32,283		 2024
£
32,431
32,283 32,431
34,231
-
-
(1,948)		 32,737
-
-
1,494
32,283 34,231
100% 100%

11 Investments

KCSC Annual Report 2024-25 32

12 Debtors

Debtors
Grant debtors
Trade debtors
Other debtors
Prepayments
Creditors : amounts due within 1 year
Tax and Social Security
Trade creditors
Connected company
Other creditors
Accruals
Deferred income and grants in advance
Deferred income
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year		 2025
£
122,256
5,971
1,484
18,674		 2024
£
1,605
2,334
1,600
6,125
148,385 11,664
2025
£
12,111
118,741
3
4,596
5,321
45,005		 2024
£
14,013
80,558
3
9,980
5,092
-
185,777 109,646
2025
£
-
-
45,005		 2024
£
-
-
-
45,005 -

13 Creditors : amounts due within 1 year

Deferred income comprises the first quarter of the RB Kensington & Chelsea grant for 2025-2026.

14 Analysis of net assets between funds

Analysis of net assets between funds
Tangible fixed assets
Investments
Current assets
Liabilities
Net assets at 31 March 2025		 General
unrestricted
£
-
32,283
223,816
(76,509)		 Designated
£
1,716
-
-
-		 Restricted
£
-
-
437,973
(109,268)		 Total funds
£
1,716
32,283
661,789
(185,777)
179,590 1,716 328,705 510,011

KCSC Annual Report 2024-25 33

15 Movements in funds

Movements in funds
Restricted funds:
Voluntary Sector Transformation
--NWL ICB
--Westminster City Council
K&C Together (City Bridge Trust)
Stronger Voices
--Trust for London
--Tudor Trust
Community Resilience (RBKC)
Food Roots (GLA)
OCOV (Westway Trust)
Self care North Ken (NWL ICB)
Self care My Care My Way (NWL ICB)
--Programme administration
--Direct support to the sector
Community Solutions (NWL ICB)
Total restricted funds
Unrestricted funds:
Designated funds:
Project support
Depreciation fund
Total designated funds
General funds
Unrealised gains on investment assets
Total unrestricted funds
Total funds
Hospital discharge (Central London
Community Healthcare NHS Trust)		 At 1 Apr
2024
£
331,166
-
1,653
-
9,123
53,274
19,000
-
3,894
15,132
75,176
-
5,735		 Income
£
5,480
4,500
-
51,500
23,269
92,153
24,525
7,933
398,555
-
174,640
122,256
-		 Expenditure
£
(173,128)
(4,500)
(11,058)
(33,755)
(20,757)
(110,497)
(26,113)
(4,724)
(411,751)
(15,132)
(195,272)
(102,279)
-		 Transfers
£
5,735
-
9,405
-
-
-
-
-
9,302
-
-
-
(5,735)		 At 31 Mar
2025
£
169,253
-
-
17,745
11,635
34,930
17,412
3,209
-
-
54,544
19,977
-
514,153 904,811 (1,108,966) 18,707 328,705
8,000
3,432		 -
-		 -
(1,716)		 (8,000)
-		 -
1,716
11,432
212,446
-		 -
257,257
(1,948)		 (1,716)
(277,458)
-		 (8,000)
(10,707)
-		 1,716
181,538
(1,948)
223,878 255,309 (279,174) (18,707) 181,306
738,031 1,160,120 (1,388,140) - 510,011

Transfers Between Funds

Transfers are made from general unrestricted funds to cover deficits on completed restricted projects.

Transfers have been made to and from designated funds in line with the Reserves Policy and between restricted funds and between restricted and unrestricted funds with the agreement of the funders.

KCSC Annual Report 2024-25 34

Purposes of restricted funds

Voluntary sector transformation (NWL ICB Funding from the Northwest London Integrated Care Board & Westminster City Council) (previously the West London Clinical Commissioning Group (WLCCG)) has been awarded to deliver a programme of voluntary sector transformation support which will enable KCSC to support the inclusion of the voluntary sector into the Biborough’s developing integrated care arrangements, position organisations to be tender ready for NHS contracts in the future and to strengthen the self care consortium run by KCSC. KCSC’s role is to administer and lead the project. Westminster City Council awarded a grant to support the community outcomes work stream. K&C Together (City Bridge Foundation) City Bridge Foundation awarded funds for a project which aimed to support the inclusion and representation of local people in local voluntary and community organisations. The project finished in May of the year under review. Stronger Voices (Trust for London & Tudor Funding has been received for the post of the Community Trust) Development Manager who works directly with a range of local stakeholders to strengthen the capacity and skills of residents and organisations to collectively respond to local challenges and influence decision making. Community resilience and support The funding is to support the coordination of food providers and programme (RBK&C) the local VCS in collaboration with statutory services to deliver help to residents affected by the cost of living crisis. Food Roots (GLA) The Food Roots programme is to help food partnerships across London to develop more sustainable and resilient ways of working to better support food insecure Londoners. Our Community Our Voice (Westway Westway Trust awarded a grant for this training programme, Trust) developed with local residents and activists, to equip North Kensington's community with skills to shape their future and to be the architects of its spaces and support structures. North Kensington self care (NWL ICB) Funding was awarded to set up a social prescribing programme to support the Grenfell Recovery. Funding is targetted at providing emotional and mental health wellbeing services as well as other services to support the North Kensington community. Self care pilot service delivery (NWL ICB) KCSC manages the self care project funded by NWL ICB. This includes negotiating contracts with voluntary and community sector providers, overseeing systems and functions including referrals and monitoring and advocating on behalf of providers to the NWL ICB to ensure their needs are understood. The delivery element of the programme is the funds paid out to providers to deliver the self care services.

H it l di h (C t l L d Th f d d t t f th t f d t th V l t

KCSC Annual Report 2024-25 35

16 Reconciliation of net income / (expenditure) to net cash flow from operating activities

Net income for the reporting period
(as per the statement of financial activities)
Depreciation
Interest, rent and dividends from investments
Losses/(gains) on investments
(Increase)/decrease in debtors
Increase/(decrease)/ in creditors
Net cash provided by operating activities		 2025
£
(228,020)
1,716
(11,196)
1,948
(136,721)
76,131		 2024
£
(363,225)
1,716
(10,137)
(1,494)
7,088
(130,569)
(296,142) (496,621)

17 Analysis of cash and cash equivalents

Analysis of cash and cash equivalents
Cash at bank and in hand
Cash in notice deposit accounts		 2025
£
448,549
64,855		 2024
£
244,811
553,539
513,404 798,350

18 Operating lease commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

Less than 1 year 2025
2024
£
£
10,626
21,252
10,626
21,252
Property		 2025
2024
£
£
10,626
21,252
10,626
21,252
Property
10,626 21,252

KCSC has taken advantage of the break clause in the lease and given notice of six months to 31 December 2025

19 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. Each member is liable to contribute 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 disclose for 2025 (2024: none).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

KCSC Annual Report 2024-25 36

21 Notes from 2024 accounts

a Analysis of assets and liabilities by funds of previous reporting period

Tangible fixed assets
Investments
Current assets
Liabilities
Net assets at 31 March 2024		 General
unrestricted
£
-
32,737
183,932
(37,169)		 Designated
£
-
-
37,000
-
37,000		 Restricted
£
-
-
1,087,802
(203,046)
884,756		 Total funds
£
-
32,737
1,308,734
(240,215)
179,500 1,101,256

b Details of movement in funds during the previous reporting period

Restricted funds:
Finance service (RBK&C)
Voluntary sector transformation (NWL ICB)
K&C Together
--City Bridge Foundation
--Tudor Trust
Stronger Voices
--Trust for London
--Tudor Trust
Community Resilience (RBKC)
Food support (RBK&C)
Food Roots (GLA)
Self care North Ken (NWL CCG)
Self care My Care My Way (NWL ICB)
--Programme administration
--Direct support to the sector
Self care innovations (NWL CCG)
--Programme administration
--Direct support to the sector
Self care mental health (NWL ICB)
--Programme administration
--Grants to organisations
Total restricted funds
Community leadership programme (RBK&C)
g
(
Community Healthcare NHS Trust)		 At 1 Apr
2023
£
6,584
542,530
(2,226)
2,000
4,724
9,203
38,778
45,000
-
6,905
81,474
-
80,874
(1,031)
16,203
1,176
29,157
23,405
884,756		 Income
£
49,950
-
53,290
-
50,000
22,836
75,000
-
45,000
-
395,000
-
172,178
-
-
21,950
128,050
-		 Expenditure
£
(56,469)
(210,071)
(49,102)
(2,000)
(54,724)
(22,451)
(104,670)
-
(26,000)
-
(471,946)
-
(177,876)
(4,378)
(1,174)
(7,741)
(166,993)
(17,670)
(1,373,265)		 Transfers
£
(65)
(1,293)
(309)
-
-
(465)
44,166
(45,000)
-
(6,905)
(634)
15,132
-
5,409
(15,029)
(15,385)
9,786
-
(10,592)		 At 31 Mar
2024
£
-
331,166
1,653
-
-
9,123
53,274
-
19,000
-
3,894
15,132
75,176
-
-
-
-
5,735
1,013,254 514,153

KCSC Annual Report 2024-25 37

21 Notes from 2024 accounts (continued)

b Details of movement in funds during the previous reporting period (continued)

Unrestricted funds:
Designated funds:
Project support
Website and database upgrade
Depreciation fund
Total designated funds
General funds
Unrealised gains on investment assets
Total unrestricted funds
Total funds		 At 1 Apr
2023
£
25,000
12,000
-
37,000
179,500
-
216,500
1,101,256		 Income
£
-
-
-		 Expenditure
£
(5,000)
(12,000)
(1,716)
(18,716)
(239,806)
-
(258,522)		 Transfers
£
(12,000)
-
5,148
(6,852)
17,444
-
10,592		 At 31 Mar
2024
£
8,000
-
3,432
-
253,814
1,494		 11,432
210,952
1,494
255,308 223,878
1,268,562 (1,631,787) - 738,031

KCSC Annual Report 2024-25 38

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.

•b 'a r.

Strengthening and championing local communities and our voluntary and community sector

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

Strengthening and championing local communities and our voluntary and community sector