Balham Communi Centre REGISTERED COMPANY NUMBER: 04488546 (England and Wajes) REGISTERED CHARITY NUMBER: 1094316 ort of the Trnstees and Financial Statements for the Ended 31 March 2025 For Balham Communi CentTC *AEIH4FI4FI' 3011212025 COMPANIES HOUSE A14 K70
Balham Communi Centre Contents of the Financial steMentsfOr the Year Ended 31 March 2025 Report of the t)irectors l Trustees Report of the Independent Auditors Staiement of Financial Activilies Statement of Financial Position Statement of Cash Flow Notes to the Statement of Cash Flow Notes to the Financial Statements 10 Detsiled steml of Financial Activities 15
Balham Communi Centre Re ort of the TrusteeslDireetors for Ihe Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of ihe Companies Act 2006. present their report with ihe financial statements of the ¢harity for the year ended 31 March 2025. The trusleesldirectors have adopted the provisions of Accounting and Reporting by Charities: Siatement of Recomrnended Practice applicable to charities preparing their acUnts in accordance with the Financial Reporting StandaTd applicable in the UK and Republic of Ireland (FRS 102)(October 2020). REFERENCE AND ADMINISTRATIVE DETAIiS Registered Company number 04488546 (England and Wales) Regislered Charity number 1094316 Registered offi¢¢ Alderbrook Primary School Oldridge Road London SW12 8PP Trnstees P Barter J Vyryan A Duizend C Ross A Cummings S Marshall J Harries (Resigned 12 Novernber 2024) (Appointed 18 March 2025) Company Secretary J Taylor Bankers CAF Bank 25 Kings Hill Avenue Kings Hill. West Mallin&Kent ME19 4JQ Lloyds Bank plc 125 Balham High Road London SW12 9AT Auditors Wensen Archer Corporate Services Lirnited Statutory Auditors 167- 169 Great Portland Street London WIW5PF Page I
Balham Communi Centr¢ ort of the Trustees/Director$ for the Year Ended 31 March 2025 STRUCTURE, GOVEILNANCE AND MANAGEMENT Governing document The Charity is ¢ontrolled by its governing documenL a deed of trust. and constituies a limited company, limiied by guarantee,as defined by the Companies Act 2006. Objeetive The objective of the charity is to provide flexible and supportive services to all sectors of the local community in response lo Ihelocal cornmunity's changing needs. Organi54tion The Charity is managed by a Board of TrusteeslDirector5 meeting on a bi-monthly basis tsking all major decisions regarding the managementand d]r110n of the Charity. The daily management of the charity is delegated to the Centre Manager who manages a team of 36 staff and 33 volunteers. DIreCtorustees One third of the Trustees is liable to retire by rotation at every annual m¢¢ting and may be reappointed. Any person wishing to become trustee musi be recomrnended by an existing Trustee OT be proposed by a Tnember with minimum 14 days, notice. and then elected by vote. The number of trustees must be 5 at the minimum and al a maximum of15. The lisl of directorsltTUStees having held office since ihe I" April 2024 or appointed in the year is Shown on page one. Where no dale of appointment is listed, the said directorltTuslee in office as at the 1° of April 2024. Any trustee who has been appointed for the first time and has never been a trustee in a charitable organisation is required to complete a Truslee's induction course. PERFORMANCE AND FINANCIAL OVERVIEW Review of Activities and Future Activilies In furtherance of the obje¢live5. the charity aims lo provide culturally scnsilivc Services for children aged 3-1 l years with their breakfast, after school and holiday provision. The charity now has thirteen clubs providing services for twelve local primary schools. The long-estsblished adult counselling service continue to Provide Iow-COSt counselling to a diverse local community. The Centre continues English for speakers of other Languages [E.S.O.L] course5. which have Tunning successfully for several years. courses are funded from the reserves of the organisation. The Charity also works in partnership with The Challenge a major N.C.S. tNational Citizen Service] programrne to provide volunteering opportunilies for young people. The Charity further facilitates the provision of community 5elf-help groups. such as Alcoholics Anonymous which has increased from two weekly meetings to four, the local Baptist church. Muslim prayer group and local charities Deaf Hope and Deaf Health. Th¢ charity 15 to continue on it5 cuent activitie5 in its current forni. Financigl Review The Financial Staiements are shown from page &14. The charity has provided the services in accordance with its objectives. The charity is continuing to grow stronger year on year. The charity h&5 no investment policy and only holds its cash in a bank account. Risk management The trustees have a duty lo identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. In ihe light of this ihe Trustees have given considerdtion to the risks faced by the charity after experiencing the Covid-19 lockdown. In view of this risk, the trustees are aiming to continue to build up free reserves to a level that would provide security to cover periods when there aff shortfalls of in¢ome receivable. Detailed comrnents are provided in the Reserves Policy. Reserves Policy Cash reserves are the only assets held by ihe charity during ihe period. The total cash amount held at the end of the period is £483,179 made up of Unrestricled Funds only where £301.797 is available on demand. None of these amounts have been designated or committed at the year*nd for any purposes. Page 2
Balham Communi Centre ort of the TrusteesiDirectoTs for the Year Ended 31 March 2025 ST ATEMEIYT OF TRUSTEESIDIRECTORS RESPONSIBILITIES The trustees (who a also the directors of Balham Community Centre for ihc purw)ses of cornpany law) are responsible for preparing the Report of the Trustees and the financial statements ID accordance with applicable law and United KingdomAccounting Standards (United Kingdom Generally Accepted Accounting Pra¢tiLY). in¢luding Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland.. Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stste of affairs of the charitable company and of the inming resources and appli¢atiOD of resources. including the income and expenditure. of the chaTitable company for that period. In preparing ihose financial statements. the trnstees are required to select suitable accounting policies and then apply them consi51ently- observe the methods and principles in the Charity SORP- make judgements and e51imatcs that are reasonable and prudent" prepare the financial staiements on the going Concern blsis unless it is inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with re&sonable accuracy at any time the financial Position of the charitable company and to enable them to ensure that the financial statements comply wilh the Companies Act 2006. They are also responsible for safeguarding the &ssets of the charitable company and hence for taking reasonable steps forthe prev¢nlion and deleclion of fraud and other irregularities. In so far as the tTUStees are aware: theT¢ is no relevant audit infoTmation of which the charitable company's auditors are unaware- and the trustees have taken all steps that they ought to have taken to make thern5elves aware of any relevant audit infonnationand to establish that the auditOTS are aware of that infornation. AUDITORS The Statutory Auditor, Mr Slang Lin Choo have been re-appointed at ihe previous Annual General Meeling. Thi5 report has been prepared in a¢¢ordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved by order of the board of trustees on 10 December 2025 and signed on its behalf by: P Barter- Chairperson Page 3
ort of the Inde Balham Communi endent Auditors to the Members of Centre Opinion We have audited the financial siatemenls of Balham Community Centre (the 'charitable cornpany,) for the year ended 31 March 2025 which comprise the Statement of Financial Activities. the Statement of Financial Position. the Statement of Cash Flows and notes lo the financial statements. including a summary of signhficant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements: give a true and fair view of ihe state of the charitable company's affairs as at 31 March 2025 and of its incoming resourcesand appls¢ation of resources. including its income and expendilure. for the year then ended. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102'The Financial Reporting Standard applicable in ihe UK and the Republic of Ireland," and have been prepared in accordance with the Tequirements of the Companies Aci 2006. Basi5 for opinion We condu¢ted our audit in accordance wilh International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilities for the audit of the financial ststements section of our report. We are independent of the charitable company in accordance with the eihical requirement5 that are relevanl toour audit of the financial slatements in the UK. including the FRC'S 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 appropri*e lo provide a b&8is for our opinion. Conclusions relating to going Concern We have nothing to T¢POrt in respect of the following matters in relation to which the ISAS (UK) require us to report to you where- the trustees'ldirectors. use of the going concern basis of accounting in the preparation of the financial statements is not appropriate. or the trusteesldirectors have not disclosed in the financial statcm¢Dts any identified material uncertainties that may cast significant doubt about the charitable company's ability to continue to adopt the going concern basis of accounting for a period of at leasi e1ve months from the date when the financial statements are authorised for issue. Other information The trustee51diTectors are responsible for the other inforniation. The other infornution comprises the infomiation included in ihe annual report, other than the financial ststements and our Report of the Independent Auditor5 thereon. Our opinion on the financial statements does not cover the other infornlation and, except to the extent otherwise explicitly stated in our report. we do not express any forni of assurance conclusion thereon. In connection with our audit of the financial slatcments, our responsibility is to read the other infonnation and, in doing so, consider whether the other infornation is materially inconsistent wilh ihe 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 mi5Statements, we are required to deterniine whether theTe is a material misstatemenl in the financial statements or a material misstatement of the other information. If, based on the work we have perfomied. we conclude that there is a material misstatement of this other information. we a required to report that fact. We have nothing to report in this regard. Oplnion on other matters prescribed by th¢ Companies A¢t 2006 In our opinion, based on the work undertaken in the course of the audit". the inforn)ation given in the Report of the Trustce51Directors for the financial year for which the financial statements are prepared isconsistent wilh the financial slatements- and the Report of the TrusteeslDirectors has been prepared in accordance with applicable legal requirements. Page 4
ort ofthe Inde Balham Communi endent Auditors to the MeTnbers of Centre Matters on which we are required to report by exception In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audiL we have not identified material misstatements in the Report of the TrusteeslDirectors. We have nothing to report in respect of the following matters where the Cornpanies Act 2006 requires us to report lo you if. in ouropinion: adequate accounting records have not been kept OT rctums adequale for our audit have not been received from branches not visited by us. OT the financial statements are not in agreement with the accounting records and returns. or certain disclosures of tru5tee5' remuneration specified by law are not made" or we have not received all the infonatIon and expjanations we require for our audit- or the trusleesldirectors were not entitled to tske advantage of the small cornpanies exemption from the requirement to prepare astrategic Report or in preparing the Report of the TTUStee5. Responsibilities of trus¢ees/directors As explained more fully in the Statement ofTTUSteeslDirectOTS Resp0Tr5ibilitie5. the trustee5 (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 Ihey give a tme and fair view, and for such internal ¢ontrol as ihc trusteesldirectors detemiine is necessary to enable the preparntion of financial statements that are free frorn material misstatemeni wheiher due lo fraud or error. In preparing the financial statements, the truste&dire¢tors are responsible for assessing the charitable company's ability to continue as a going concern. disclosing, as applicable, matters related to going concern and using ihe going concern basis of accounting unless the tTUStees/directors either intend to liquidate the charitable company or to ¢e¥se operations. or have no realistic alternative but to do so. Our responsibilitte5 for the audit of the financial statements Our objectives are to obtain TOnable assurance about whether the financial ststements &% a whole ar¢ free from material misstatement. whether due to fraud or error. and to issue a Report of the Independent Auditors that includes our opinion. Re&sonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) willalways delect a material misstatement when it exists. Misslatements can arise from frdud 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. A further description of our responsibilities for the audit of the financial staternents is located on the Financial Reporting Council's website at www.frc.org.uklauditorsresponsibilities. Thi5 description fom15 part of our Report of the Independent AuditOTS. 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 Cornpanie5 Act 2006. Our audit work has been undertaken 50 that we might state to the charitable company's members ihose matters we are required to state to them in an auditors. report and for no other purpose. To the fullest extent pemitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitsble company'5 members as a body. for our audit work. for thi5 report, or for the opintons we have formed. Slang L n Choo FCCA (Senior Statutory Auditor) for and on behalf of Wensen Archer Corporate Services Limited Statutory Auditors 167-169 Great Portland Streel London WIW SPF Date: 15 DECEMBER 2025 Page 5
Balham Communt Centre Statement of Financial Aclivilies foL ear Ended 31 March 2025 31.03.2025 Toial 31.03.2024 Total Un-Re5trictcd Restrided Notes INCOME AND ENDOWMENTS FROM Subscriptions. Donations and Legacies Other fundtaising activities Investment income 821.209 821.209 925,027 7,400 7.400 5,721 Toial 828,609 828.609 930,748 EXPENDITURE ON Raising funds Charitable activilies 761.382 761,382 865,529 Totsl 761.382 761.382 865,529 NET (DEFICITYINCOME 67277 67,277 65.219 IiECONCILIATION OF FUNDS Total funds brought forwaTd 437.600 437.600 375,381 TOTAL FUNDS CARRIED FORWARD 504.827 504.827 437,600 The notes forni part of these financial statements Page 6
Balharn Communi Centre Statement of Financial Position ai 31.03.2025 Total 31.03.2024 Total Un-Restricted Notes CURRENT ASSETS Debtors Cash at bank and in hand 50.599 483,179 50.599 483,179 13.689 470.925 533,778 533,778 484.614 CREDITORS Amounts due within one yeaT (28,951) (28.951) (47,014) NET CURRENT ASSETS 504,827 504.827 437,600 TOTAL ASSETS LESS CUiiRENT LIABILITIES 504.827 504.827 437,600 NET ASSETS 504,827 504,827 437.600 FUNDS Unrestricted Funds- General Funds 12 504,827 504,827 437.600 TOTAL FUNDS 504,827 504,827 437.600 These finanrial statements have been prepared in accordance with the special provisions of Part 15 of the Companie5 Act 2006 relating to small companies. The financial statement5 were approvcd by the Board of TTUStees on 10 Deeember 2025 and were signed on its behrby. P Barter- Chairperson The notes forn) part of these financial ststements Page 7
Balham Communi Centre Slatement of Cash Flow for the ed31 Ma 31.03.2025 31.03.2024 Note5 Cash flows from operating aciivites Cash generated from a7vitIeS 4.853 83,478 Net cash from opeTating activities 4.853 83,478 Cash flows from investing activities Investment income 7.400 5,721 Net c&sh fTom investing activities 7,400 5.721 Cash flows frorn financing a¢tivities Financing activities Net cash from financing activtties Increasel(Decrease) in cash and cash equivalents 12.253 89.199 Cash and c&%h equivalents in the beginning of the year 470.926 381,727 Cash and cash equivalent5 at the end of the year 486,179 470,926 RECONCILIATION OF SURPLUS TO CASH GENERATED FROM ACTIVITIES 31.03.2025 31.03.2024 65.219 (5,721) Surplusl(Deficits) from activities Investment income 67,227 (7.400) 59.827 59.498 (Increase) l Decrease in debtors Incre&se l ( DeCrse) in creditors (36.911) (18.063) (13,509) 37,489 Cash generated/(expended) frorn activtties 4.853 83.478 CASH AND CASH EQUIVALENTS The amounts disc105ed on the Statement of Cash Flow in respect of cash and cash equivalent are in respect of these Balance Sheet amounts Year ended 31 Mar¢h 2025 Cash and cash equivalents 31.03.2025 31.03.2024 470.929 483,179 Year ended 31 March 2024 Cash and cash equivalents 31.03.2024 31.03.2023 381,727 470.926 The notes forni part of these financial stalements Page 8
Balham Communi Centre Notes to the Financial Statements for the Year Ended 31 March 2025 ACCOUNTfNG POLICIES Basis of preparing the financial statements The financial stalements of the charitable company. which is a public benefit entity under FRS 102. have been prepared in a¢¢ordan¢e with the Charities SORP (FRS 102) 'Accounling and Reporting by Charities: Statement of Recommended Prdclice applicable to charities preparing their accounts in a¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2015),, Financial Reporting Standard 102'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companie5 Act 2006. The financial statements have been prepared under the historical cost convention. Income All income is r¢¢ognised in the Sement of Financial Activities once the charity has entitlement to the funds. Eiptnditure Liabilities are recognised &$ expenditure as soon &8 there is a legal or constTUCtive obligation committing the charity to that expenditure. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particulaT headings they have been allocated to aclivitie5 on a basis Consistent with the use of resourtts. There is no apportionmeni of costs for the various activities as the main site is used for all activities and members of staff inter-change between the services offered by the charity. Hire purehase and leasing commitments Rentals paid under operating leases are charged to the Ststement of Financial Aciivities in the period to which they relate. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company'spensior scheme are charged to ihe Ststement of Financial Activitie5 in the period to which they relate. Taxation The charity is exempt from corporation tax on its charitsble xtivities. Tangible fixed assets Depreciation is provided at an annual rate of 20% of cost in order to write off the cost less estimated residual value of each &sset over its estimated useful life. Coing concern The financial statements have been prepared on a going Concern basis and that there aTe no rnaterial uncertainties on thematter of the charity's ability to continue operntions. Fund accounting Unrestricted funds can be used in accordance with the tharitable objective5 a¢ the discretion of the trustee5. Restricted funds Can only be used for particular re5tri¢ted PUTposes within the objects of the charity. Restriction5 arise when specified by the donor or when funds are raisd for particular restricted purpose5 or the nature of the grants received. Page 9
SUBSCRIPTIONS, DONATIONS AND LEGACIES 31.03.2025 86 4.950 813.274 31.03.2024 60 2.745 925,222 Donations Grants Subscriptions 821.209 925.027 Grants received, included in the above, are as follow5: 31.03.2025 4.750 31.03.2024 2,745 Counselling Support Grant (Un-Restricted) OTHER FUNDRAIStNG AcfiviTIES 31.03.2025 31.03.2024 Fundraising events INVESTMENT INCOME 31.03.2025 31.03.2024 5,281 Deposit account interest 7,400 RAISING FUNDS Raising donations and legacies 31.03.2025 31.03.2024 Fund raising expenses EXPENDITURE Support Costs Office Costs Activity Costs Governance TOTALS Other resources expended 31.03.2025 566.684 78.708 109,390 6,600 865.529 Other resources expended 31.03.2024 608.226 113.989 135.907 7.407 865.529 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is stated after Chargin(CredItIng). 31.03.2025 6,600 10.555 28,154 31.03.2024 6.000 6,578 49,222 Auditor's remuneration Hire of plant and machinery Other operating leases TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration OT b¢n¢fts for the year ended 31 March 2025 or for the year ended 31 March 2024. Trustees, expenses There We no trustees. expenses paid for the year ended 31 March 2025 nor for ihe year ended 31 March 2024. Page 10
STAFF COSTS 31.03.2025 31.03.2024 Wages and salaries Social security costs Other pension costs 517,670 33.410 10,531 505.218 28,057 8.067 561,611 541,332 The average monthly number of ernployees during the year w&$ as follows: 31.03.2025 35 31.03.2024 37 All staff No employees received emoluments in excess of £60,000. No employees are provided with long tern) benefits. Employees are not entitled to any terniination benefits other than statutory redundancy pay if applicable. 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.03.2025 31.03.2024 Trade debtors Other debtors Prepayments 47.734 13,509 2.865 180 50.599 13,689 CREDITORS: AMOiINTS FALLING DUE WITHIN ONE YEAR 31.03.2025 31.03.2024 Trade credilors Social Security and other tsxes Accrued expenses 15,703 6.648 6,600 31,823 7.097 8.034 28,951 47,014 Pagell
12. MOVEMENT IN FUNDS At 01.04.2024 Net movement in funds At 31.03.2025 Unrestricted Funds General Fund 437.600 67,227 504.827 TOTAL FifNDS AT31.03.2025 437,600 67,227 504.827 Net movement in funds included in the al)ove are as follows: Incoming Resources ResouTce5 Movement Expended in funds Restricted Funds Grants received Unrestricted Funds General Funds 828.609 761,382 67,227 TOTAL FUNDS 828,609 761,382 67,227 COMPARATIVES FOR MOVEMENT IN FUNDS At 01.04.2024 Net movement in funds At 31.03.2025 Unrestricted Funds General Funds 437,600 67,227 504.827 TOTAL FUNDS A T 31.03.2024 437.600 67.227 504,827 13. RELATED PARTY DISCLOSURES There were no related party transactions for ihc ycar ended 31 March 2025. 14. ULTIMA TE CONTROLLING PARTY There is no ultimate controlling party. Page 12