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2022-03-31-accounts

Registered Charity Number 1096655 Registered Company Number 04393769

Queen's Crescent Community Association

(A company limited by guarantee)

Report and Accounts for the year ended 31 March 2022

Prepared by Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS

Queen's Crescent Community Association

Report and accounts Contents

Page
Charity and Company information 1
Mission statement 2
Structure, governance and management 2
Trustees' Report 3
Statement of Directors'/Trustees' responsibilities 12
Independent auditors' report 14
Statement of Financial Activities 18
Balance sheet 19
Cashflow statement 20
Notes to the accounts 21

Queen's Crescent Community Association

Company Information

Directors Lucian Randall (Chair) Jill Fraser (Vice chair) John Cochrane Shahabeel Lone James Waite Ann Wynne James Lyons Dr Ismail Jalisi Secretary & Chief Executive Foyezur Miah Auditors Hamilton Coopers Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS Bankers HSBC 176 Camden High Street London NW1 8QL Registered office 45 Ashdown Crescent Kentish Town London NW5 4QE Registered charity number 1096655 Registered company number 04393769

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Queen's Crescent Community Association

The report of the trustees for the year ended 31 March 2022

The trustees present their annual report and accounts for the year ended 31st March 2022.

Welcome

-setting QCCA after the emergency of

members. We invite you to find out more.

Introduction

Mission Statement:

"We aim to foster social cohesion by enabling grassroots initiatives and providing resources and facilities in the interest of social welfare, education and leisure-time recreation. Working in partnership and across diverse networks, we aim to offer services that empower local residents, challenge disadvantage and improve the quality of life and standard of living."

Queen's Crescent Community Association was originally established in 1999 to take over and revitalise the management of the Allcroft Community Centre (now known as Queen's Crescent Community Centre), which had been left derelict for several years. Local residents, some of whom continue to sit on our Board of Trustees, sought to create a central resource for community regeneration in a severely deprived area surrounded by council estates and sheltered homes.

In setting our objectives and planning our activities our Directors have given careful consideration to the Charity general guidance on public benefit and in particular to its supplementary public benefit guidance.

Directors and Trustees

The Directors of the charitable company are its Trustees for the purpose of charity law. Throughout this report the Directors / Trustees are collectively referred to as the Directors.

The Directors who served during the year are mentioned on page 1.

Structure, governance and management Governing document

The Association is a charitable company limited by guarantee; it was incorporated on 13 March 2002 and registered as a charity on 24 March 2003. The charitable company took over the operations of the unincorporated association of the same name on 1 April 2002. The company was established under a Memorandum of Association, which established the objects and powers of the charitable company, and is governed under its Articles of Association.

Recruitment and appointment of management committee

The Directors of the company are also the Trustees of the charity for the purpose of charity law and under the company's articles are known as members of the Board of Directors. Under the requirement of the Memorandum and Articles of Association, one third of the directors for the time being shall retire from office at each Annual General Meeting. The directors to retire are those who have been longest in office since their last election or appointment. As between directors of equal seniority, the directors to retire are selected by lot unless they agree otherwise. A retiring director shall be eligible for re-election.

No person, other than a director retiring at the meeting, shall be eligible for election as directors at any meeting; unless that person is recommended by the directors for election; or the secretary is provided in writing by a member duly qualified to attend and vote at the meeting, not less than 4 nor more than 21 clear days before the date set for the meeting, of that member's intention to propose such person and of that person's willingness to be elected. The company may at General Meeting increase the number of directors, and decide in what rotation the additional directors shall retire, and may make the appointment necessary for effecting any such increase.

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Trustees induction and training

Trustees are already familiar with the practical work of the charity having been encouraged to visit and to take responsibilities for the regular activities. Additionally, new trustees are invited and encouraged to attend a series of short training sessions delivered by Voluntary Action Camden (Charity)

has also been prepared and distributed to all new trustees (directors), which includes the Memorandum of Association & Articles, latest audited accounts, annual report, child protection policy, health and safety policy, and other various policies and procedures.

Organisational Structure

The Queen's Crescent Community Association Ltd has a board of 8 directors who meet quarterly and are responsible for the strategic direction and policy of the charity. The directors are from a range of professional and diverse backgrounds relevant to the work of the charity.

The chair is responsible for ensuring that the charity delivers the services specified and that the key performance indicators are achieved. The Chief Executive (also Company Secretary) has responsibility for the day-to-day operational management of the organisation and the individual supervision of the staff team to ensure that its skills and working practices are in line the good management practice.

Last year, we celebrated the work we did over Covid. This year, we reflect on the changes that Covid has brought to QCCA as well as the voluntary sector.

The fiscal year 2021 2022 saw us recover from the lost income of lockdown. Our nursery attendances rose by 15% while our venue hire went up to near pre-Covid levels. And for most people, the year was also a return to normal. Our sports were especially popular with members keen to get fit again. Our parents and children exercising together. At our nurseries, parents who had pulled their children out during furlough returned to work and sent their little ones back. While hall and venue hire benefited from a rush of delayed wedding and party bookings.

Organisationally, it was a time to review where Covid had left us. The foodbank was meant to be an emergency measure during the pandemic, but we decided not to close it in July because of continuing need.

More generally, we started exploring ways to attract individual donors to help diversify income. We 10) and launched it in April at a fundraising event with 50 guests. We hope to build on this with a fundraising gala next year.

said pedestrianisation of the market was losing them customers, QCCA organised meetings with council officials and planners so that the community could have its say. a -going consultation over regenerating Gospel Oak put the spotlight on the Dome was discussed in a Community Vision report. I firmly believe that re-building our wonderful facility in modern form on its current Weedington Road site is the best option for our whole community and have spent the year lobbying for this.

a new era of co-operation postsector as a partner for statutory services when it comes to community outreach and programme delivery. In the next eighteen months, I anticipate and welcome much closer working between the council, local NHS services and the VCS sector in Camden as a whole.

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Healthy Families

If proof were needed that families were among Families.

with over 500 unique users, 400 of whom were from BAME communities. That figure is particularly -start until June 2021 and so only covers nine months of the year.

Aimed at supporting the physical and mental health of women, families and their children, the project offers a variety of free activities that different ages can do together. Users frequently told us that there was nothing else like it locally and that it take part in a Zumba class while their children do multi-sport ue, brilliant session that regularly gets over 50 people.

It works because our sports hall, the Dome, is big enough for all these groups to exercise side-by-side (see also the Dome, page 7 entirely for themselves without watching children. Nearly two-thirds of Healthy Families members are female was good for the whole family. 88% said that taking part had a positive effect on their relationships with their children.

Families supported included 69 refugees and asylum seekers housed in Camden during Covid. Sometimes living four to a room, Healthy Families gave them the chance to let off steam.

and

family badminton. There have been family picnics on Hampstead Heath with sport and craft activities, including Christmas wreath making.

Our most popular weekly activity has been family Zumba, where women take part in a Zumba class while their children do multi-sport and nursery staff look after their babies in a soft play area.

a unique, brilliant session that regularly gets over 50 people. It works because our sports hall, the Dome, is big enough for all these groups to exercise side-by-side (see also the Dome, page 14). For most, something entirely for themselves without watching children.

Nearly two-thirds of Healthy Families members are female.

507 Healthy Families users 80% BAME 63% women and girls 46% children 82% say they feel fitter 82%

happier - Janice, 56, comes to yoga and zumba

important for us to raise awareness of key wellbeing issues because of the high levels of poor health amongst members. A survey of 84 Healthy Families users showed 64% had underlying health conditions such as high blood pressure, diabetes or a family history of diabetes.

-long trainings on mental health for parents. The event we held for World Sight Day in October had 47 attendees.

So much was made possible by the flexibility of funders who were happy to defer pre-Covid grants until this year including Vision Foundation, the Peter Harrison Foundation and Right to Thrive.

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, next year.

CASE STUDY

Jasmin. The 45-year-of-shape after a decade in the UK as a stay-at- home mum.

Jasmin started coming to QCCA to do family Zumba with her daughter But what started as a place to get fitter with her ten-year-old turned into a safe space where she was also brave enough to try new things. or not because in my

But the fact that QCCA was running the courses made it easier for her to sign up - not least because her explains.

assumed that

They were both right. The workshop gave Jasmin insights and tips on how to handle a young girl going daughter Sometimes I

Programme co-ordinator Mary Pierce welcomed three part-time staff members: Lifelines Champion Belinda Rodgers, IAG advisor Khadija Naib and health and wellbeing co-ordinator Darla Hocking.

Their roles tackled the biggest problems facing our older members coming out of Covid; a backlog of cancelled medical appointments, mounting debts and a shortage of people to advocate for them in the absence of statutory support workers, family and friends.

Darla joined in December and helped 44 people in three months. A trained nurse, she provided members with befriending and health advice in a relaxed environment at a time when it was nearly impossible to get a face-to-face GP appointment. As well as doing basic health checks like blood pressure and blood the confidence to go to their doctors for more help.

Exercise and gym sessions with our fitness instructor Azmal Hussein continued to be our most popular activities. His chair-based exercise classes attracted up to 30 people. Art and drama groups were well attended as were the outings and day trips especially in the summer.

sittings to meet demand.

Local people were generous with their time and skills. Celebrity photographer Rankin invited our members down to get their portraits taken in September. It was a great day and ten people can now say hairdresser Lisa Meyer brought smiles to everyone in April when she came to the centre to give free haircuts.

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Company, the Masonic Charitable Foundation and City Bridge Trust.

But the prioritisation of funding to health and advocacy meant there were cuts to other activities. Chairbased exercise went down from five sessions a week to two; lunch went down from two sessions a week to one and there was reduced use of our new minibus.

These are all changes we want to reverse in the coming year, whilst continuing to offer active advocacy to the most vulnerable.

275 number of unique users 94% felt happier 82% felt more socially connected 80 older people at Christmas lunch 27 housing support grants secured

CASE STUDY

Captain John

But Captain John Cameron Nixon can lay claim to all three. The 93-year- old has been coming to QCCA for nearly a decade, entertaining staff and members with his stories during lunches and trips. But this year, we found a way to get him in front of a larger audience by inviting him to give talks.

He weaves stories about his own experiences and those of his family whilst passing around personal artifacts for people to see. His talk on the railways was especially personal. He was chief engineer at British Rail in the seventies and eighties and was responsible for the running and maintenance of the InterCity 125 train.

will be interested i

And although he goes to several other community centres in Camden, there are things that especially Some centres charge membership fees and charge for events. Others have a religious background. But here, everyone is welcome. I

Food Bank

problems. The cost-of-living crisis was beginning to show itself and many still needed support after months of living off savings or running up household debts.

Although Covid emergency funding ran out in July, foodbank co-ordinator Belinda Rodgers stepped up and ran it unpaid with a small team of volunteers.

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We helped 60 households throughout the year with food supplied entirely by donation. Individuals and local residents would leave bags of goods at our reception, but the mainstay came from The Felix Project and City Harvest, who delivered excess supermarket products twice a week for us to re-distribute. We year, cooked once again by our wonderful volunteers.

In December, the foodbank was at the heart of our second ever Christmas appeal. We fundraised and bought food to supply more than 300 hampers for residents. Huge thanks to Mother Carol from St

As the year closed, plans were being discussed to ensure the longevity of the service. One possibility could see it being spun off as a separate entity, hosted at QCCA until a more suitable venue is found.

60 households supported by the foodbank 100 individual beneficiaries 300 Christmas hampers produced

The Dome

In November, Camden Council published its Community Vision for Gospel Oak, with three options for the Dome: re- building on its current Weedington Road site; re-locating nearby or positioning it out of the area.

on, we want to celebrate the many people who use

the Dome. QCCA both manages the space and runs free youth, sports and holiday clubs in it with our College Francais Bilingue de Londres and disabled theatre group Quite Fantastic.

Cup final.

be consulting with the council, our community and young people to find out what they think.

348 days open a year 130 fans watch 300 Christmas hampers packed

CASE STUDY

Wednesday FC Meet the Wednesday Football Team.

about: come rain or come shine,

they meet at the Dome every Wednesday evening and have done for six years

.

-time organiser and full-time Uber

The Wednesdays are a group of 18 men aged 20 40 who all live in Camden, most within walking - as well as people on Universal Credit.

They rent the pitches themselves and because not everyone can afford to pay football subs, team-mates sustainable.

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And he says their weekly football is worth every penny.

Youth Service

There was a huge appetite for getting out of the house, getting active and reconnecting with friends after Covid. Infact the youth service saw a 109% increase in membership year-on-year across the period.

Much of the growth was anchored by an exciting sports programme, well- funded holiday clubs and a drive to encourage more girls into the Dome.

88% of all youth club members have taken part in sport this year. 152 young people had places at our - only session which is becoming one of the most popular things we do.

Normal service was resumed at the start of the year, with minimal Omicron restrictions ending in January 2022.

Our first Easter camp in two years was over-subscribed and our full programme of in-person activities was in full swing by May 2021, including two core seniors club nights and one for juniors. Junior sessions have been particularly popular, with significant growth amongst 8-12-year-olds where parent groups with mums, dads and carers.

Sport anchored everything, driven by the enthusiasm of sports development co-ordinator Frances White in her first full year. 10 out of our 14 youth sessions a week involved sport of some kind, with football and cricket continuing to be popular and a new juniors basketball team and tennis lessons. Our gym had a refurbishment and re-opened to members aged 14+ in September.

Pathways squad from the Pathways project we run with NW5 Project and Maiden Lane Community Centre finished third in the London Youth Football Festival in February. They also won the London Youth Woodrow Wellbeing cup in March. Our juniors team won silver at the London Youth Football Festival.

The boxing and mentoring programme Off the Hook run on behalf of our youth service partner GOALYC - went from strength-to- strength in its second year. GOALYC and QCCA together with the Metropolitan police ran three boxing, stop and search and communicating ideas. Workshops were delivered with help from partners such as the lifesaving skills charity YourStance, positive relationships charity Let Me Know and sexual health clinic the Brook Centre.

Off the Hook was one of several activities which we encouraged girls to join. After the first term attracted only boys, we had our first girls sign up in March. 23 girls attended throughout the year. Aware of the need to support girls more broadly, we re-only group in April for 10 16 year olds.

Combining fun youth club activities with something more active, there have been tasters in more than ten sports including Zumba, tennis and street dance. No-one has (yet) refused to take part, even though 75% -24 users each month.

ts trainer Sarah Bou-Abbache. A Dome, some for the first time.

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Most of this was delivered at a time of change. We were without a youth service manager for the last quarter of the year, but our youth team remained stable and continued to run a quality service with young people at its heart.

Our aims for the next year include re-starting our Inbetweeners group to help 10-14-year-olds into re-opening our sound studio and helping young people develop tools so that they can research and campaign for positive change.

455 unique users 6,519 attendances 88% of users played sport 400 played sport 152 young people signed up for holiday clubs 128 AQA qualifications gained

Nurseries

It was a good year for our two not-for-profit nurseries. Parents returned to work after Covid and local demand was driven by the closure of three competitor nurseries close to the two sites. As a result, enrolment was strong especially at Caversham - leading to an increase of 15% in income and giving us the opportunity to invest in the infrastructure of each building.

Caversham Nursery

Caversham Nursery saw numbers rise by a third, with 28 children registered across the year compared to 21 last year.

The loosening of Covid restrictions helped boost enrolment, with government rules lifted in January. be held in the garden after a family tested positive for Covid. And Omicron meant that the Christmas nativity play was watched online by parents.

But by March 2022, things were back to normal. Parents and children finally celebrated together at a Day party, complete with cakes and cards made by the children. In classrooms, the emphasis continued to be on creativity and one-to-one support.

Outdoor activitie re-landscaped with new turf and revamped play equipment. Children helped plant pear, apple and plum trees in the autumn, secured by ng charity in her spare time.

The nursery also received blackcurrant bushes as a gift from a family whose children had attended Caversham.

A lot of thought was put into helping children with additional needs. All staff benefitted from training in Makaton sign language and advanced teaching techniques including Special Time and Bucket Time. And although initiated to support a handful of children with special needs, the additional skills benefited all students. One mum whose child goes to the nursery says: exceptional. The staff worked tirelessly to ensure they met the needs of every single child, getting to know each as an individual, building on their strengths, supporting their weaknesses and encouraging growth

Next year the nursery sees the potential to build capacity further, depending on recruiting quality staff in a difficult labour market.

28 children registered 8 children with free childcare

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Holly Lodge Nursery

Holly Lodge Nursery continued to build a special connection with its community. Based in the heart of -times, a sizeable number of new children this year came through personal recommendation from local residents.

Overall, registration numbers were slightly down, but still high at 33 across the year compared to 35 the previous year.

Parental involvement stands out as something the nursery does well. Mums and dads were encouraged to give feedback on the curriculum, which fed into forward planning.

ear from parents, carers and staff. The colourful, healthy lunches and teas are freshly-house cook, Eden Timerga.

The first half of the year saw some light-touch Covid restrictions remaining.

Parents still dropped off their children outside while doors stayed open and mechanical ventilators remained in use. Graduation in July was live- streamed so that parents could watch. By Christmas, however, even Omicron could not dim the appetite for a nativity play, the nursery staged a live performance. Children were allowed to have one guest each. By January, like its sister Caversham Nursery, all restrictions were lifted.

In the classroom, weekly lesson themes were published a term in advance to allow teachers to plan. There we where parents were invited in to make art with their children.

Staff took the teaching experience outside whenever possible. Teachers and children particularly enjoyed joining forces with local residents in the autumn to plant trees around the estate for Remembrance Day.

33 children registered 7,600 freshly-cooked meals annually GOOD new Ofsted rating

Thank You

But the opposite organisations that represent the many.

Thank you to the well-known local residents who stepped forward to offer their support without charge. Photographer Rankin has been a friend to QCCA in the past but generously gave over his Kentish Town studio for the day to welcome our older people and take their portraits in September

famil ever promotional film.

Sir Michael Palin did us a huge favour by agreeing to present and narrate the film during a flying visit to London in between making a television series in Iraq.

launch, hosted by her husband Alan Rusbridger, former editor of the Guardian and guest speaker Alastair ormer director of communications and strategy.

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Grant-givers continued to back the work we do in a sector where demands are higher than ever. Last service open for two years: the Masonic Charitable Foundation, Trust.

Hearty thanks as well to our corporate partner, Neuberger Berman, who continues to donate to keep our work going, while sending a steady stream of good-humoured volunteers our way.

Infrastructure Levy (CiL) funding when we needed a new minibus. We were delighted to take delivery of our shiny new ULEZ- compliant vehicle at the start of 2022.

Future Developments

We find the organisation at another turning point after successfully surviving the pandemic. We've come out of it proudly to have supported thousands of Camden residents, particularly those living in Gospel Oak and Haverstock, during their hours of need with our Fight C19 programme. The priority for the community has significantly shifted to socially, mentally, physically and financially recovering from the aftermath of the pandemic. Some residents remain hesitant, particularly those vulnerable, while 33% of the population in Camden remain unvaccinated. We have a lot of work to do.

In Camden, too many people live in poor health for too many years of their lives, and the gap in healthy life expectancy between the poorest and wealthiest parts of the borough continues to widen. Those living in the most deprived areas spend 20 years of their life living in poor health and die around ten years earlier than those living in the least deprived areas.

The pandemic has widened existing health inequalities, and it has had a damaging effect on our communities. Many people experience periods of anxiety, trauma and isolation, and people are grieving for loved ones who sadly died. QCCA will work as a strategic partner to Camden to help people recover physically and mentally.

To address the significant challenges and build on the many opportunities we have in QCCA, we will be setting out a new five-year business plan and one that looks beyond the 2030 horizon. This will include reviewing QCCA's current brand, our values, vision and mission statements. We will particularly look to align our priorities with Camden's 2030 plan for children, young people, families and older people.

We are excited to start talks with Camden to co-produce a master plan for a purpose-built youth and sports centre on the Dome site located on Weedington Road. We plan to secure investment from developers through the Section 106 and CIL funding to unlock external match funding to introduce the full range of renewable energy options for QCCA's headquarter (Queen's Crescent Community Centre) to reach carbon neutrality. We hope to assess the potential for both a photovoltaic solar array and a ground source heat pump to the current design of the building.

Financial Reserves Policy

QCCA seeks to have sufficient free reserves to allow it to cover known liabilities and contingencies. In March 2022, our Free Reserves were £729k (Free Reserves being defined as unrestricted reserves less unrestricted tangible fixed assets) which is sufficient to cover our estimated winding-up costs.

For the year ending March 2023, the trustees intend to increase the existing reserve policy to target a Free Reserve of approximately six months of working capital or c. 50% of the expected annual revenue of the Association. Based on our working capital and estimated turnover for 2023, we are targeting £650k - 700k as a free reserve. We anticipate a significant increase in the cost of the utilities across four of the premises when our existing fixed-term contract expires. The board also discussed the need to designate reasonable funds to cover shortfalls in funding to meet the living cost crises and the minimum wage increase by 9.7% to ensure staff retention.

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Risk Management

The directors have reviewed significant future risks that the Association faces. The directors believe some financial risks are service charges, commercial rent, business rates, and maintenance costs, which are ongoing negotiations with Camden Council. In addition, the unprecedented increase in utilities and fuel costs is considered a risk. Alongside this, general wage inflation is considered a material risk.

Directors review these risks on an ongoing basis. The board of directors, via the finance committee, implement improvements to internal control systems to mitigate other operational and business risks as and when identified. A financial and procedures policy is in place, which allows for internal accountability, financial forecasting and reporting procedures.

The procedures are in place to ensure compliance with health and safety regulations and deal with complaints. In addition, there are policies governing safeguarding vulnerable children, young people and adults

Externally, the trustees are aware of the changing context of central and local government initiatives and policy relating to the voluntary and community sector and how these may affect future funding, partnership working and service delivery arrangements for the sector.

Public benefit

We confirm that in providing the above services and in writing this report, we have had regard to the guidance issued by the Charity Commission on public benefit.

Statements of the

Responsibilities

The Directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires Directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the company for the year.

In preparing these financial statements, the Directors are required to:

The Directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company 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 company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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Statement of representation to the auditors

Each person who was a director at the time this report was approved confirms that:

A resolution proposing the reappointment of Hamilton Coopers as auditors will be put to the annual general meeting.

Method of preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on

Lucian Randall Chair and Trustee

James Lyons Chair of Finance Committee and Trustee

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Independent auditors' report

to the Trustees of the Queen's Crescent Community Association

We have audited the financial statements of Queen's Crescent Community Association for the year ended 31 March 2022 which comprise of the statement of financial activities, the balance sheets and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis of opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the 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' (who are also the directors of the company for company law purposes) 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 entity'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 trustees 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 Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not 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.

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Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement [set out on page 8], 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 the trustees 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 charitable company'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 charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

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 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 is detailed below:

Capability of the audit in detecting irregularities, including fraud

The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks.

Based on our understanding of the company and industry, and through discussion with the management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to their FCA permissions and requirements. We considered the extent to which noncompliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and taxation. We communicated identified laws and regulations throughout our team and remained alert to any indications of non-compliance throughout the audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to posting inappropriate journal entries to increase revenue or reduce expenditure and management bias in accounting estimates and judgmental areas of the financial statements such as accrued income.

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Audit procedures performed by the engagement team included:

There are inherent limitations in the audit procedures described above and the further removed non compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk increases more when compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances

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Queen's Crescent Community Association

of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's 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 Charity's trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity's trustees 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's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Asim Malik, FCA (Senior Statutory Auditor) 66 Earl Street for and on behalf of Maidstone Hamilton Coopers Kent ME14 1PS Chartered Accountants and Statutory Auditors

Date: December 15, 2022

Hamilton Coopers is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 .

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Queen's Crescent Community Association

Statement of Financial Activities (including consolidated income and expenditure account) for the year ended 31 March 2022

The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 13 as required by the said statement.

The notes on pages 21 to 28 form an integral part of these accounts.

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Queen's Crescent Community Association

Company Number 04393769
Balance Sheet
as at 31 March 2022

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no members have required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Approved by the trustees and authorised for issue on

Lucian Randall James Lyons Chair and Trustee Chair of Finance Committee and Trustee

The notes on pages 21 to 28 form an integral part of these accounts.

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Queen's Crescent Community Association

Cash Flow Statement for the year ended 31 March 2022

Cash generated from operations
Net operating funds
Reconciliation to cash generated from operations:
Depreciation
Decrease/(increase) in debtors
Increase in creditors
Cash from other sources
Application of cash
Purchase of tangible fixed assets
Net increase in cash
Cash at bank and in hand less overdrafts at 1 April
Cash at bank and in hand less overdrafts at 31 March
Consisting of:
Cash at bank and in hand
Overdrafts
Major non-cash transactions
Capital value of new finance lease arrangements		 2022
2021
£
£
207,112
371,222
26,273
8,217
29,536
(45,172)
37,434
73,184
300,355
407,451
-
-
(35,037)
(12,464)
(35,037)
(12,464)
265,318
394,987
778,595
383,608
1,043,913
778,595
1,055,226
785,102
(11,313)
(6,507)
1,043,913
778,595
-
-

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

Accounting policies

The principal accounting policies adopted in the preparation of the financial statements are setout below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

Accounting convention

Basis of preparation and assessment of going concern:

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 2019) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The trustees consider that there are no material uncertainties about the Association's ability to continue as a going concern.

The 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 notes.

Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatements were required.

Incoming Resources

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from government and other grants, whether grants or grants It is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income from charitable activities includes primary purpose trading

Income from charitable activities includes primary purpose trading, income earned both from the supply of goods or services under contractual arrangements or grant agreements, which have conditions that specify the provision of particular goods or services to be provided and undertaken for the charitable purposes of the charity.

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.

Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Association's work or for specific projects being undertaken by the Association.

Expenditure recognition

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

the applicable expenditure headings.

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 include back-office costs, finance, personnel, payroll and governance costs which support QCCA's programmes and activities. The basis, on which support costs have been allocated are set out in note 11.

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 raising funds comprise the costs of other trading activities, in which the Association does not yet engage.

Expenditure on charitable activities includes the costs of providing services and activities for our beneficiaries and the local community to further the purposes of the charity and their associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Fixed assets and depreciation

Tangible fixed assets are stated as costs less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Equipment Over 4 years Building refurbishment Over 4 years Motor vehicles 25% per annum, reducing balance method

Debtors

Debtors are recognised at the settlement recoverable amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes is held to meet short-term cash commitments as they fall due rather than for investment purposes and may include short-term deposits.

Creditors, deferrals and provisions

Creditors and provisions are liabilities where we have a present obligation to a third party that we shall normally pay by cash. Provisions are measured or estimated as reliably as possible.

Where performance-related conditions are specified in a grant, the income will only be recognised to the extent that the charity has provided the facility or service. Any income received in advance of the conditions being met are deferred and shown under creditors.

Pension

On 1 October 2016, the Workplace Pensions commenced at QCCA, to which staff are encouraged to join.

2 Legal status of the Society

The Association is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10. Names of its directors and registered office is mentioned on page 1.

3 Statement that no expenses were paid to trustees or connected persons

No expenses were paid to trustees or persons connected with them.

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

4 Raising funds

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

5 Charitable Activities Costs

Unrestricted
Funds
2022
£
Resources expended
Cost of generating voluntary income
DBS check
1,824
Marketing and publicity
3,769
Management & Administration
290,620
LBC Rent
56,319
352,532
Charitable activities
Activity costs
34,468
CCC Partnership activities
Youth service activities
63,982
Older people service activities
Children services activities
242,654
Premises & office cost
145,061
Other costs
32,537
Depreciation
22,682
541,384
Governance costs
5,458
Other resources expended
5,458
Total resources expended
899,374		 Restricted
Funds
2022
£
1,103
1,103
54,283
27,000
48,886
53,101
11,054
3,590
197,914
-
-
199,017		 Total
Total
Funds
Funds
2022
2021
£
£
1,824
1,616
4,872
914
290,620
280,890
56,319
16,324
353,635
299,744
88,751
142,001
27,000
12,813
112,868
120,533
53,101
63,777
242,654
235,384
145,061
124,451
43,591
26,388
26,272
8,216
739,298
733,563
5,458
14,947
5,458
14,947
1,098,391
1,048,254

These premises are occupied under an 20 year lease agreement, with a combined premises rent of two sites of £56,319 (2021: £16,234) is payable to the landlord and the Association is responsible for the upkeep of the premises.

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

6
Staff Costs and Emoluments
Gross Salaries
Employer's National Insurance
Pension Contributions
Numbers of full time employees or full time equivalents
Catering
Nursery
Youth worker
Gym
Engaged on management and administration		 2022
£
622,087
41,273
15,004
678,364
2022
1
22
6
1
12
42		 2021
£
572,010
37,913
13,313
623,236
2021
1
20
6
1
11
39

There were no fees or other remuneration paid to the trustees There was 1 employee with emoluments in excess of £60,000 per annum

7 Trustees' Remuneration

Neither the trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year.

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

8 Tangible functional fixed assets

Debtors 2022 2021
£ £
Trade debtors 165,767 195,303

9 Debtors

10 Creditors: amounts falling due within one year

Bank loans and overdrafts
Trade creditors
Accrued expenses
Taxation creditors
Other Creditors
Deferred income and grants in advance		 2022
2021
£
£
11,313
6,507
24,402
20,279
17,242
3,240
22,181
13,457
50,505
63,843
158,398
134,475
284,041
241,801

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

11 Analysis of the Net Movement in Funds

12 Particulars of Individual Funds and analysis of assets and liabilities representing funds

The individual funds included above are :-

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Queen's Crescent Community Association Notes to the Accounts for the year ended 31 March 2022

Analysis of movements in funds as shown in the table above

There are sufficient resources for all funds in the appropriate form to enable each activity to be applied in accordance with any restriction.

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objective of the charity.

Restricted funds are subjected to the restriction on their expenditure imposed by the donors or through the terms of an appeal.

The net transfers between the funds represents an internal management and support supervision charge at a percentage of 10% to 25% allowed by donors on particular grants.

13 APB ethical standard provision available for small entities

In common with many other charities of our size and the nature, we use our auditors to assist us with the preparation of financial statements.

**14 ** Financial Instruments
Carrying amount of financial assets 2022 2021
£ £
Financial assets measured at amortized cost 165,767 195,303
Financial liabilities measured at amortized cost 24,402 20,279

15 Other information

Queen's Crescent Community Association is a registered charity and incorporated in England. Its registered office is: 45 Ashdown Crescent Kentish Town London

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