Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
Charity registration number 1089578 (England and Wales)
Company registration number 04189863
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
LEGAL AND ADMINISTRATIVE INFORMATION
Trustees
Mireille YandcFGelezi (Chair)
Samantha Malin (Trustee)
Ayodeji Ayorinde (Trustee)
Paula Bysouth (Trustee)
Cheryl Giddy-Larocque (Trustee)
Syed Hussain ffrustee)
Dionne McDowell (Trustee)
Dean Willis ffrustee)
Jean Wsbey ffrustee)
Mariah Attakpah (Trustee)
Secretary
Samantha Malin
Charity number (England and Wales)
1089578
Company number
04189863
Registered office
New Horizon Centre
South Lodge Avenue
Mitcham
Surrey
CR4 1LT
Independent examiner
Ellacotts LLP
Countrywide House
23 West Bar
Banbury
Oxfordshire
England
OX16 9SA
Bankers
Santander
Bridle Road, Boolle
Merseyside
L304GB

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
CONTENTS
Page
Trustees report
Statement of Trustees responsibilities
Chairman's statement
Treasurer's Report
Independent examinerfs report
Statement of financial activities
Balance sheet
statement of cash flows
Notes to the financial statements
10-17

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS, REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the
financial statements and comply with the 's goveming document, the Companies Act 2006, FRS 102 'The Financial
Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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)"
Structure, governance and management
The is a charitable company limited by guarantee. incorporated on 29 March 2001 and registered as a charity on 30
November 2001.
The Trustees, who are also the directors for the purpose of company law, and who Se￿ed during the year and up to
the date of signature of the financial statements were=
Mireille YandcFGelezi (Chair)
Samantha Malin (Trustee)
Ayodeji Ayorinde (Trustee)
Paula Bysouth (Trustee)
Cheryl Giddy-Larocque {Twstee)
Syed Hussain {Trusteel
Dionne McDowell (Trustee)
Dean Vmllis (Trustee)
Jean Wisbey {Trustee)
Mariah Attakpah (Trustee)
The Trustees are responsible for keeping sufficient accounting records that disdose with reasonable accuracy at
any time the financial position of the and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Objectives and activities
The Charity's objectives and principal activities are to work with local people in East Mitcham to address poverty
and worklessness by running projects promoting good health. learning. entrepreneurship, creativity, good citizenship
and sustainable development.
Achievements and performance
The Chairman's summary follows this report.

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Financial review
These accounts are telling us that our income has fallen since the previous year and that our exp￿ditUre has also
fallen. Income fell by around 200kn whilst expenditure fell by around 180/0 and this is dearly not an overall position
that we want to be in for long. Compared to the previous year. there was no inflated income figure relating to the
receipt of emergency funding for Ukrainians in Merton and so this set of accounts does represent more accurately
the size of the Commonside Trust and the work that we do.
Despite the fact that the decrease in expenditure does not fvlly match the fall in funding, when we look at the shocks
in the system during this financial year related in particular to our utilities costs, our electricrty bills have almost
tripled. This is why applying for energy efficiency grant funding became essential in 2024 and was prioritised. This
work has been on-going such that we hope to reap the benefits from 2025 onwards.
In the light of the trading conditions we were obsepiing. towards the end of 2023124 we reduced the number of staff
on payroll and began a restructure of our services. We expect to see the benefit of this reduction in expenditure in
2025 also.
The Trustees report was approved by the Board of Trustees.
Samantha Malin
Secretary and Trustee
29/1/2025 1 09:56 GMT

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees are responsible for keeping sufficient accounting records that disdose with reasonable accuracy at
any time the financial position of the and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They
are also responsible for safeguarding the assets of the and hence for taking reasonable steps for the prevention and
detection of fraud and other irregularities.
Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair
view of the state of affairs of the and of the incoming resources and application of resources, incknding the income
and expenditure, of the charitable company for that year.
In preparing these financial statements, the Trustees are required to..
select suitable accounting policies and then apply them consistently-
observe the methods and principles in the Charities SORP-
make judgements and estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards have been followed, subject to any material departures
disclosed and explained in the financial statements.. and
prepare the financial statements on the going concem basis unless it is inappropriate to presume that the will
continue in operation.
The Trustees are responsible for keeping adequate accounting records that disdose with reasonable accuracy at
any time the financial position of the and enable them to ensure that the financial statements comply with the
Companies Act 2006. They are also responsible for safeguarding the assets of the and hen￿ for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
This report was signed by the board on the {date} and signed on its behalf by
Samantha Malin
Secretary
29/1/2025 | 09:56 GMT
Date:...........................................

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
CHAIRMAN'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
Chairs Report for 202312024
This report covers a very challenging period for the Commonside Trust, challenges that continued into the following
financial year. I will therefore use my Chair's report to emphasise the very pragmatic way in which the Commonside
Trust team - staff and volunteers - have continued to run support services for local people and a community centre
with a great welcome throughout this period of challenge and Change.
In particular, I would like to outline the community leadership role that Commonside has provided for the local area.
As a founder-member of the Merton Community Fridge Network. with C￿memberS Sustainable Merton and Polish
FamilyAssociation, Commonside has ensured the consistent and continuous redistribution of surplus food every
week from the New Horizon Centre. receiving supplies via the Felix and City-HaTvest London-wide surplus food
networks. As well as putting together and giving out the traditional 'food parcels,, staff have creatively used surplus
food donations to add to kitchen supplies in both the Lunch Club and in the Community Café. Taking this one step
further, they have also set up the weekly 'Supper Club'_ teaching cooking skills, sharing budget-friendly and
healthy recipes, bringing people together to cook and eat and tackling social isolation as well as povety. The work
of the Supper Club has been highlighted by BBC London News on TV, as well as on Finnish TV and Swedish Radio.
At national level, Commonside has regularly been represented on the Locality Climate Specialist Group of
community anchor organisations across the country, shanng expenence and ideas on how to reduce carbon
emissions, minimise energy costs and promote greener lifestyles across society. and on the national VCSE Health
and Wellbeing Alliance, contributing to govemment policy and inter-Departmental discussions on the role of the
charity sector in working with the NHS to taC￿e health inequalities and confronting some of the difficulties involved.
At borough level, Commonside has actively contributed to Merton's preparation to become a Borough of Sanctuary,
drawing in particular on its experience of setting up and running. in partnership wth Polish FamilyAssociation. the
Merton Ukraine Refugee Hub, as well as to the Council's Borough of Sport campaign, sharing information about its
leading role with the Met Police and Fulham Football Foundation to provide diversionary sports activities to over 70
local young people every week during tem-time and holidays. This work has also been recognised by the Mayor of
London and received funding from his offi￿.
Despite the reduction in staff due to funding difficulties, Commonside has continued to support over 100 local
households wth infomiation and advice about benefit rights. training, citizenship, housing solutions and mental and
physical health services. At the same time, the Lunch Club continued to offer daily, ￿(KourSe meals, Monday-
Friday to a total of over 70 older people and vulnerable adults, and added new sports, information and craft
activities to the options available.
Much of our work is achievable only with the assistance of the many unpaid hours contributed by our team of over
35 volunteers, as well as the Board of Trustees, who help in the Community Café, the Lunch Club, as support
caretakers and cleaners and to them we owe a big vote of thanks. Wth our focus always on the future of the local
area, we have continued to offer more than a dozen work experience placements for teenagers from local schools
and colleges, and we are particularfy happy with our relationship with Coulsdon College, providing a structured work
experience programme for students studying Health and Social Care at Level 3.
Commonside has left its imprint on Merton's cultural life too. with our Chief Executive amongst a few other local
charity leaders featuring in the Merton Libraries 'Voice Box, project that brought her personal description of her
leadership role at Commonside to every library across the borough.
Mireille Yand0￿eleZI
Chairman
3010112025 | 16:34 GMT

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
TREASURER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Treasurer Report 2023-24
This was my first year as Treasurer as I took over from the departing previous Treasurer who left at short noti￿.
Commonside has faced a number of financial challenges since 202212023 and it has been important to stay on top
of these with the help of our Financial Manager.
One of the pressing concerns was to review the various se￿I￿S provided by Commonside Trust and to review how
they were funded. The reviews were conducted by myself and by five other Trustees from July 2023, and we fed
back our findings at subsequent Trustee Board meetings. On the whole, the services were in good shape, but it
became apparent that they had been stretched and adapted during the Covid pandemic and that as a result, the
funding basis for some of the services was not stable.
At the same time, we took account of developments in the local area affecting partnership and partnership work on
behalf of the community, the growth in the volume of services provided by the East Merton Primary C¥e Network-
social prescribing, community health and wellbeing champion and the like - and the tight collaborative partnership
of the EMPCN and Moat Homes. This later affected Commonside's ability to play a full and funded role in the local
partnership and left us with no Choi￿ but to look at reducing the staff number in order to reduce outgoings
This was not an easy decision for the Board to take and l am grateful to all the board members for their support
during this difficult time. The Redundancy exercise ran from January - February 2024 and concluded with the
departure of a total of five members of staff - four part-time and one fvll-time. We sought expert legal advice in
order to run the exercise effectively and with compassion and full redundancy payments, as per statutory
requirements were made in due course.
It wll take the course of the next financial year, 202412025, for these cost-cutting measures to take effect, due to
paid notice periods and the sums paid in redundancy pay but overall, the Board is satisfied that the current staffing
levels are appropriate for both adequate service provision as well as potential funding and income.
Deji Ajorinde
Treasurer
29/1/2025 1 10:36 G￿

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF COMMONSIDE COMMUNITY DEVELOPMENT TRUST
I report to the Trustees on my examination of the financial ststements of Commonside Community Development
Trust (the } for the year ended 31 March 2024.
Responsibilities and basis of report
As the Trustees of the (and also its directors for the purposes of company law), you are responsible for the
preparation of the financial statements in accordance with the requirements of the Companies Act 2006.
Having satisfied myself that the financial statements of the are not required to be audited under Part 16 of the
Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the 's
financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have
followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011.
Independent examinerfs statement
Since the
gross income exceeded £250,000, the independent examiner must be a member of a body listed in
section 145 of the Charities Act 2011. 1 confirm that l am qualified to undertake the examination because l am a
member of ICAEW, which is one of the listed bodies.
I have completed my examination. l Confimi that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the as required by section 386 of the Companies Act 2006.
the financial statements do not accord with those records- or
the financial statements do not comply with the accounting requirements of section 396 of the Companies Act
2006 other than any requirement that the financial statements give a true and fair view, which is not a matter
considered as part of an independent examination,. or
the financial statements have not been prepared in accordance with the methods and principles of the
Statement of Recommended Practice for accounting and reporting by charities applicable to charities
preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102).
I have no concerns and have come across no other matters in connection with the examination to which attention
should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.
Ettactrftfr LLP
Ellacotts LLP
Countrywide House
23 West Bar
Banbury
Oxfordshire
OX16 9SA
England
Date= ..31 Janua.ry. 2025

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Restricted
funds
funds
2024
2024
Totsl Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Notes
Income from:
Donations and legacies
Investments
262,316
382,332
644,648
249,486
232
578,123
827,609
232
Total income
262.350
382,332
644.682
249,718
578,123
827,841
Expenditure on:
Charitable activities
261.653
396,482
658.135
437.633
365,583
803.216
Total expenditure
261,653
396,482
658.135
437.633
365,583
803.216
Net incomel(expendltu￿)
697
(14,150)
{13,453)
(187,915)
212,540
24,625
Transfers be￿een
funds
144.540
(144,5401
Net movement in
funds
697
(14,150)
(13,453)
(43,375)
68,000
24,625
Reconciliation of funds:
Fund balances at 1 April 2023
35.178
68,000
103,178
78,553
78,553
Fund balances at 31 March
2024
35.875
53,850
89.725
35.178
68,000
103.178
The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure
derive from conts-nuing activities.

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
BALANCE SHEET
AS AT 31 MARCH 2024
2024
2023
Notes
Fixed assets
Tangible assets
11
3,662
152
Current assets
Debtors
Cash at bank and in hand
12
58,433
69,852
35,217
69,249
128.285
104,466
Creditors: amounts falling due within
one year
13
(42.222)
(1.440)
Net current assets
86,063
103,026
Total assets less cur￿nt liabilities
89,725
103,178
The funds of the
Restricted income funds
Unrestricted funds
15
16
53.850
35.875
68,000
35,178
89.725
103,178
The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act
2006, for the year ended 31 March 2024.
The directors aCknO￿edge their responsibilities for complying with the requirements of the Companies Act 2006
th respect to accounting records and the preparation of financial ststements.
The members have not required the company to obtain an audit of its financial statements for the year in question in
accordance with section 476.
These financial statements have been prepared in accordan￿ y￿th the provisions applicable to companies subject
to the small companies regime.
29/1/2025 1 10: 36 GMT
The financial ststements were approved by the Trustees on .........................
Mireille Yando-Genleri
Director
Pastor Deji Ajorinde
Director
Company registration number 04189863 {England and Wales)

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
Cash flows from operating activities
Cash generated from operalions
19
4,827
10,968
Investing activities
Purchase of tangible fixed assets
Investment income re￿iVed
(4,258)
232
Net cash (used in)Igenerated from investing
activities
(4.224)
232
Net cash generated from financing activities
Net increase in cash and cash equivalents
603
11,200
Cash and cash equivalents at beginning of year
69,249
58,049
Cash and cash equivalents at end of year
69.852
69,249

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Charity information
Commonside Community Development Trust is a private company limited by guarantee incorporated in
England and Wales. The registered office is New Horizon Centre, South LodgeAvenue, Mitcham, Surrey, CR4
1LT.
1.1 Accounting convention
The financial statements have been prepared in accordan￿ with the 's goveming document, the Companies
Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" aThJ the
Charities SORP "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)" The is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the ￿nCtIOnal currency of the . Monetary amounts
in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical Cost convention, [modified to include the
revaluation of freehold properties and to indude investment properties and certain financial instruments at fair
value]. The principal accounting policies adopted are set out below.
1.2 Going Concem
Al the time of approving the financial statements, the Twstees have a reasonable expectation that the has
adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees
continue to adopt the going concem basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the Trustees in furtherance of their charitable
objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the .
1.4 Income
Income is recognised when the is legally entilled to it after any performance ￿nditionS have been met, the
amounts can be measured reliably, and it is probable that income will be re￿ived.
Cash donations are recognised on receipt. Other donations are recognised once the has been notified of the
donation, unless performan￿ conditions require deferral of the amount. Income tax recoverable in relation to
donations received under Grfl Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the has been notified of an impending distribution, the
amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent
asset.
10-

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a
third paty, it is probable that a transfer of economic benefits will be required in settlement, and the amount of
the obligation Can be measured reliably.
Expenditure is classified by activty. The costs of each activity are made up of the total of dIr￿t costs and
shared costs, including support costs involved in undertaking each activity- Direct costs attributatAe to a single
activity are allocated directly to that activity. Shared costs which contribute to more than one activity and
support costs which are not attributable to a single activity are apportioned be￿een those activities on a basis
consistenl with the use of resources. Central staff costs are allocated on the basis of time spent, and
depreciation charges are allocated on the portion of the asset's use.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Depreciation is recognised so as to write off the Cost or valuation of assets less their residual values over their
useful lives on the following bases=
Plant and equipment
Fixlures and fittings
Toys
25% Reducing Balan
250kn Reducing Balance
Fully depreciated at the year end
The gain or loss arising on the disposal of an asset is determined as the difference be￿een the sale proceeds
and the carrying value of the asset, and is recognised in the statement of financial activities.
1.7 Impairment of fixed assets
At each reporting end date, the reviews the carrying amounts of its tangible assets to determine ￿ether there
is any indication that those assets have suffered an impairment loss. If any such indication exists, the
recoverable amount of the asset is estimated in order to determine the exient of the impairment loss (if any).
1.8 Cash and cash equivalents
Cash and cash equivalents indude cash in hand, deposits held at call with banks, other short-term liquid
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
within borrowings in current liabilities.
1.9 Financial instruments
The has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments, and Section 12 '0ther
Financial Instruments Issues, of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the 's balan￿ sheet when the becomes party to the contractual
provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net
basis or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balan￿$, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the effective
interest method unless the arrangement constitutes a financing transaction, where the transaction is
measured at the present value of the future receipts discounted at a market rate of interest. Financial assets
classified as receivable within one year are not amortised.
11

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies
Icontinued)
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless
the arrangement constitutes a financing transaction, where the debt instrument is measured at the present
value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable
within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or ServI￿S that have been acquired in the ordinary course of
operations from suppliers. Amounts payable are dassified as current liabilities if payment is due within one
year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the 's contractual obligations expire or are discharged or cancelled.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are
received.
Termination benefits are recognised immediately as an expense when the is demonstrably committed to
terminate the employment of an employee or to provide termination benefits.
Critical accounting estimates and judgements
In the application of the 's accounting policies, the Trustees are required to make judgements, estimates and
assumptions about the carrying amount of assets and liabilities that are not readily apparent from other
sources. The estimates and associated assumptions are based on historical experience and other factors that
are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the eslimate is revised where the revision affects ￿lY that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total Unrestricted Restricted
funds
funds
2023
2023
Total
2024
2023
Donations and gifts
Legacies
Grants
Lunch Club
NHC Event Income
Room Rents
1.191
1.191
11,247
23,900
74.124
16,533
8,382
115,300
11,247
23.900
652.247
16.533
8.382
115,300
73.663
19.387
11,380
156,695
382,332
455.995
19.387
11,380
156,695
578,123
262,316
382,332
644,648
249,486
578,123
827,609
12-

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from investments
Unrestricted Unrestricted
funds
funds
2024
2023
Interest receivable
34
232
Expenditure on charitable activities
Unrestricted Restricted
Funds
Funds
2024
2024
Total Unrestricted Restricted
Funds
Funds
2023
2023
Total
2024
2023
Direct costs
Salaries and wages
Employer's NIC
Staff - Pension costs
Volunteer costs
Ukraine costs
Training
Programme expense5
NHC Event expenses
Lunch club and canteen
NHC Rent and rates
Pollard pass costs
78,808
3.187
5,340
236,425
9,560
16.021
315.233
12.747
21.361
160,497
7.773
10,106
23,900
150,766
9,089
9,113
311,263
16,862
19,219
23.900
106.225
1.578
58,811
30,287
10,478
58,100
70.542
70.542
2.700
694
40,771
15,551
24,260
23,163
106,225
2.700
694
1.578
58,811
30,287
1,293
40,771
15,551
24,260
9,185
58,100
23,163
130,540
396,482
527,022
271,139
365,584
636,723
Share of support and governance costs Isee note 6)
Support
131,113
131.113
166.494
166,494
261.653
396.482
658.135
437,633
365,584
803.217
Analysis by fund
Unrestricted funds
Restricted funds
261.653
261.653
396,482
437.633
437.633
365,584
396,482
365,584
261,653
396,482
658,135
437,633
365,584
803,217
13-

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support costs allocated to activities
2024
2023
Premises expenses
Light and heat
Cleaning
Insurance
Repairs and maintenance
Telephone, Website and IT
Marketing and advertising
Memberships and subscriptions
Sundry expenses
Print, postage and stationery
Governance costs
4,290
52,235
8,267
43,369
38,779
8,790
8,395
11,785
21,646
724
2,060
1,496
6.641
22.809
13,049
16,327
1,139
1,533
4,808
6.141
17.280
131,113
166.494
Analysed between:
Unrestricted Funds
131,113
166,494
Net movement in funds
2024
2023
The net movement in funds is stated after chargingl{crediting)'.
Fees payable for the independent examination of the charity's financial
statements
Depreciation of owned tangible fixed assets
1,920
749
1,784
52
Trustees
None of the Trustees (or any persons connected with them) re￿iVed any remuneration or benefits frcm the
during the year.
Employees
The average monthly number of employees during the year was..
2024
Number
2023
Number
Direct Charitable Work
Management and Administration
16
17
Totsl
17
18
There were no employees whose annual remuneration VRS more than £60,000.
14-

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
10 Taxation
The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.
11 Tangible fixed assets
Plant and Fixtures and
equipment
fittings
Toys
Total
Cost
At 1 April 2023
Additions
17,893
2,538
5,440
1,721
300
23,633
4,259
At 31 March 2024
20.431
7,161
300
27,892
Depreciation and impairnient
At 1 April 2023
Depreciation charged in the year
17.763
456
5.418
293
300
23.481
749
At 31 March 2024
18,219
5,711
300
24,230
Carrying amount
At 31 March 2024
2,212
1,450
3,662
At 31 March 2023
130
22
152
12 Debtors
2024
2023
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
55.957
800
1,676
31.546
2,244
1,426
58,433
35,216
13 Creditors: amounts falling due within one year
2024
2023
Notes
Deferred Income - Government Grants
Accruals
14
40.302
1.920
1.440
42,222
1,440
14 Deferred Income
Deferred income is induded in the financial statements as follows=
15-

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14 Deferred Income
Icontinued)
2024
2023
Deferred income is included within..
Current liabilities
40,302
Movements in the year..
Deferred income at 1 April 2023
Resources deferred in the year
40.302
Deferred income at 31 March 2024
40.302
15 Restricted funds
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust
subject to specific Conditions by donors as to how they may be used.
At 1 April
2023
Incoming
resources
Resources
expended
Transfers At 31 March
2024
68.000
382.332
(396.482)
53.850
P￿VIouS year:
Incoming
resources
Resources
expended
Transfers At 31 March
2023
2022
578.123
(365.583)
1144,540)
68,000
16 Unrestricted funds
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are
not subject to specific conditions by donors and grantors as to how they may be used. These indude
designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
At 1 April
2023
Incoming
resources
ReSou￿e$
expended
Transfers At 31 March
2024
General funds
35.178
262.350
(261.653)
35,875
Previous year:
At 1 April
2022
Incoming
resources
Resources
expended
Transfers At 31 March
2023
General funds
78,553
249,718
(437,633)
144,540
35,178
16-

Docusign Envelope ID.. 522889ED-898fA89F-98A&754ACB160EFD
COMMONSIDE COMMUNITY DEVELOPMENT TRUST
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
17 Analysis of net assets between funds
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 2024:
Tangible assets
Current assetsl{liabilities)
3.662
32.213
3.662
86.063
53.850
35.875
53.850
89.725
Unrestricted
funds
2023
Restricted
funds
2023
Total
2023
At 31 March 2023:
Tangible assets
Current assetsl(liabilities)
152
35.026
152
103.026
68.000
35,178
68,000
103,178
18 Related party transactions
There were no disdosable related paty transactions during the year (2023- none).
19 Cash generated from operations
2024
2023
(Deficit)Isurplus for the year
(13,453)
24,625
Adjustments for:
Investment income recognised in statement of financial activities
Depreciation and impairment of tangible fixed assets
(34)
749
(232)
52
Movements in working capital:
(Increase) in debtors
Increasel{decrease) in creditors
Increase in deferred income
(23,217)
480
40,302
{10,474)
(3,003)
Cash generated from operations
4,827
10,968
20 Anatysis of changes in net funds
The had no material debt during the year.
17-

Docusign Envelope ID.. 522889Etk8986489F-98A&754ACB160EFD
Commonside Community DevelopmentTrust
New Horizon Centre
South Lodge Avenue
Mitcham
Surrey
CR41LT
Ellacotts LLP
Chartered Accountants
Countrywide House
23 West Bar
Banbury
OxFordshire
OX16 9SA
Dear Sirs,
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
The following representstions are made on the basis of enquiries of management and staff with relevant
knowledge and experience such as we consider necessary in connection with your report on the company's
financialstatementsfortheyearended 31 March 2024.Theseenquirieshave included inspection ofsupporting
documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the
following representations. All representations are made to the best of our knowledge and belief.
GENERAL
We acknowledge that the independent examination work perfomied by you is substantially less
inscopethan an auditperformed in accordancewith IntemationalStandardsonAuditinglUKand
Ireland) and thatyou do not express an auditopinion.
We confirm that the charity company was entitled to exemption under section 477 of the
Companies Act 2006 from the requirement to have its financial statements forthe financial year
ended 31 March 2024audited. Wealsoconfimithatthe members have not required thecharitable
company to obtain an audit of its financial statements for the financial year in accordance with
section 476 of the Companies Act 2006.
We acknowledge asTnJstees our responsibilityforthe preparation of financial statements under
the Charities SORP and Charities Act 2011 and in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and
for being satisfied that the financial statements give a true and fair view of the state of affairs of
the charitable company as atthe end of the financial year and of its income and expenditure for
the financial year in accordance with the requirements of sections 394 to 396 of the Companies
Art 2006, and which otherwise comply with the requirements of that Act and regulations made
under it relating to financial statements, so far as applicable to the company. All the accounting
records have been made available toyou and alltransactions undertaken bythe company have
been properly reflected in those accounting records. All records and related information,
includingthe minutes of the Trustees, meetings have been made available toyou.
We confirm that we have maintained adequate accounting records, as required by the Charities
SORP and CompaniesAct2006.

Docusign Envelope ID.. 522889Etk8986489F-98A&754ACB160EFD
We have disclosed to you all known instances of non-compliance or suspected non-compliance
with laws and regulations whose effects should be considered when preparing the financial
statements.
We have disclosed to you all claims in connection with litigation that have been, or are expected
to be, received and such matters, as appropriate, have been properly accounted forand disclosed
in thefinancialstatements.
AsTrustees, we have considered the financial position of the charitable company. We believe that
the charitable company's financial statements should be prepared on a going concern basis on
the grounds that current and future sources of funding or support will be more than adequate for
the charitable company's needs. We have considered a period of t￿e1ve months from the date of
approval of the financial ststements. We believe that no further disclosures relating to the
charitable company's ability to continue as a going concern need to be made in the financial
statements.
All events subsequent to the date of the financial statements which require adjustment or
disclosure have been properly accounted for and disclosed.
Yours faithfully
Signed on behalf of the Board of Directors
Date

Docusign Envelope ID.. 522889ED-8986489F-98A&754ACB160EFD
Ellacotts
Countrywide House
23 West Bar
Banbury
OX16 9SA
+4410}1295 250401
+4410}1295 271375
mail@ellacotts.co.uk
(•
INVOICE
VAT No: 119 507471
Date: 29 January 2025
Invoice No.: 37398
Our Ref: CCDD4317/LDU
Commonside Community Development Trust
Professional charges in connection with..
Independent Examination of the Charities financial statements for the year ended 31
March 2024
Fee as quoted.
1,600.00
Subtotal
£1,600.00
Fee
1,600.00
VAT@20%
320.00
Total Fee
£1,920.00
Please note our payment terms have changed from 30 days to 14 days from date of invoice
Our paymentterms are strictly 14 day5 from the date of invoice.
The firm reserves the rightto charge interest at the rate of 1.5% per month on all overdue aciounts. Unless requested, receipt5 will not be issued.
Ellacott5 15 the trading name ol Ellacotts LLP, which 15 a Limited Liability Partnership. registered in England & Wales, number OC319580. A li5tof members 15 available
lor inspection at the registered office 23 West Bar. Banbury, Oxlordshire OX16 9SA. Ell3cotts LLP is regulated fora range ol investment bLJsiness activities by the
Institute ol Chartered Accountants in England & Wales.
Please lear h
Ple£se te£r here
Commonside Community
Development Trust
New Horizon Centre
South Lodge Avenue
Mitcham
Surrey
CR4 ILT
REMirrANCE ADVICE
Invoice No.:
37398
Invoice Date:
29 January 2025
Our Ref:
CCDD4317/LDU
Invoice Amount:
£1,920.00
Amount enclosed:
Payments can be made by the following methods:.
BACS Payments to Barclays Bank plc - Account Name Ellacotts LLP I Sort Code 20-71-141 Account Number 33593215
Cheque Payments should be made payable to ELL4COTTS LLP
Credit Card Payments please contact ourAdmin department on +4410}1295 250401
International Payments IBAN: GB83 BARC 20711433 593215 - Swift Number: BARCGB22