2022-03-31-accounts

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Company registration number: 04396054 Charity registration number: 1097160

Ackroyd Community Association (A company limited by guarantee)

Annual Report and Financial Statements for the year ended 31 March 2022

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Contents

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	Page
Referenceandadministration details	1
Trustees’ annual report	2-5
Independentexaminer's report	6
Statement of financial activities	7
Balance sheet	8
Notestotheaccounts	9-19

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Ackroyd Community Association (Limited by Guarantee)

Reference and administrative details

Charity name Ackroyd Community Association Charity number 1097160

Company number 04396054 Principal address Ackroyd Community Centre AckroydLondon Road SE23 1DL

Registered office

9 Hare & Billet Road London SE3 ORB

Trustees

Independent examiner

Deirdre Mason Barbara Brooker Jean Leader Rita Nears Ahmad Saeed Alan Till Pauline Morrison Resigned October 2021 David Musitwa Resigned May 2022 Diana Musitwa Resigned May 2022

Field Sullivan Limited 9 Hare & Billet Road London SE3 ORB

Bankers

Barclays Bank pic Lewisham Branch 93 Lewisham High Street London SE13 6BB

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Ackroyd Community Association (Limited by Guarantee) Trustees report

The trustees, who are directors for the purposes of company law, present the annual report together with the . financial statements of the charitable company for the year ended 31 March 2022 which have been prepared incompliance with current statutory requirements, Companies Act 2006, the Charities SORP (FRS 102) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland and the Charities Act 2011; and with the charity's governing document, its Memorandum and Articles of Association.

The trustees are dedicated volunteers, recruited from our local community. They are always happy to hear from people with skills and commitment who can offer their expertise to the organisation. The ACA Trustees are elected annually at its AGM in October.

ACA Trustees for 2021-2022 are as follows:

Deirdre Mason- Chair Barbara Brooker — Treasurer Jean Leader Rita Nears Ahmad Saeed Alan Til! Paul Drake

The day to day running of the community centre is undertaken by paid members of staff, including a Centre Manager, two EPSP Project coordinators and a caretaker who are supported by volunteers from the local community.

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Structure governance and management

The Ackroyd Community Association (“ACA”) is a charitable company limited by guarantee, registered as a charity and incorporated on 15 March 2002. The constitution (Articles of Association) comprises the governing documents for the charity by establishing the objects and the membership for the charity, in the event of the charity being wound up, members are required to contribute an amount not exceeding £1.

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The Board of Trustees aims to strengthen governance by actively seeking out Trustees with specific skills to strengthen the Board. The Board will continue to monitor and update policies to keep them compliant.

Ackroyd Community Association (ACA)

Ackroyd Community Association (ACA) has been delivering services to the local community since 1977 when due to high community demand, local residents and the Local Authority set up a community Centre. The centre has continued to grow and evolve over the years to cater for local need and continues to benefit from strong local support.

ACA’s mission statement is: ‘to provide quality and affordable services to the local community’.

ACA delivers this objective by supporting community cohesion and community development though the provision of a physical community hub at the Ackroyd Community Centre, which provides a regular home to community services and activities of benefit to the needs of all sections of the local community.

The Ackroyd Community Centre benefits from having a number of long-term resident user-groups based at the centre who provide activities in the following areas: * For children and families

• For the over 55’s

• Information and support

• Sport and leisure

• Special interest resident, community and faith groups

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Ackroyd Community Association (Limited by Guarantee) Trustees report

The Ackroyd Centre is based in the Crofton Park ward and is used predominantly by the local community living in Crofton Park, Honor Oak Park and Forest Hill; however people from across the Borough of Lewisham use the centre. The Ackroyd Centre provides hall space, meetings rooms, office space, an outdoor play area, a kitchen and dining area which are all used on a daily basis by our resident user-groups. The Centre hosts Young Oaks Nursery, Acorn, After-school Club, Breakfast Club Holiday Scheme, play and learning activities and parent and carer support groups. This enables a number of individual, but holistic services for children and families to coexist at one community hub, promoting partnership working and accessibility by the community to various complementary community services under one roof. ACA also directly delivers a wide programme of community services for the over 55’s at the centre through its management of the Elder People’s Support Project.

The centre currently operates almost at full occupancy, but did lose some users due to Covid lockdown and the closure. However, new users have been approaching the Centre and gaps in schedules are being filled. We now hire for children’s parties on Sunday's and school holiday time which has increased hire revenue.

Our centre user-groups include:

• Acorn Children’s Club- breakfast club, after school club and holiday scheme & play & stay groups

• • Elder People’s Support Project — activities for the over 55's « Studio 23 + Shu Ho Jujitsu + Ackroyd Childminders Group * DJ Aerobics « Young Oaks Nursery * Pride of Judith * Hayley’s Comet Theatre school * Grand Lodge

Management of the Ackroyd Community Centre

Sarah Edmonds has now been promoted to manager and with Kerry Peacock as EPSP project leader, both work hard to reinstate popular events such as coach trips and EPSP parties. The weekly Wednesday morning EPSP social is also a Warm Spaces event for users. We have hada significantly higher repair and maintenance bill this year as some components have come to the end of their natural lives. Failure of a pump led to a flood in the basement, and a persistent roof leak affecting ihe men's toilets had to be diagnosed and dealt with. However, the building is generally in good repair and comfortable for user groups.

Elder Peoples Support Project (EPSP)

EPSP continues to provide classes, socials and outings for those aged over 55. Our membership stands at 83. We provide 8 classes per week, Our Wednesday socials provide companionship, especially for our more vulnerable members, where they can enjoy various activities such as card making, Bingo, colouring, sing-a-longs, guest speakers etc. Our special socials and Christmas Party are well attended.

We arrange coach trips, including the seaside, boat trip, cream tea etc.

The Association sincerely thanks all those organisations and individuals, which have funded, supported and otherwise helped the Ackroyd centre to be and to achieve during the 2021-22 to your continuing support in the year ahead.

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Ackroyd Community Association (Limited by Guarantee) Trustees report

London Borough of Lewisham

Main grants funding from the Community and Cultural Development Division for more information visit www.lewisham.gov.uk

The Purple Alllance

The Purple Alliance is collaboration between Age Exchange, Community Connections, Eco Communities, Elder Peoples Support Project (EPSP) based at the Ackroyd Community Centre and seniors to promote and develop activities for older people.

Public Benefit

The directors confirm that they have compiles with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission.

Ackroyd Community Association promotes growth and sustainability of third sector enterprise by supporting several resident organisations with subsidised rent and by providing guidance and signposting to training and best practice.

The subsidies with Ackroyd Community Association applies to user group rents, like Acorn children’s club enable these groups to offer childcare services to families at a more affordable rate, thereby supporting parental access to work and education.

We retain good communication with Lewisham Council officers on issues affecting the centre.

The work of ACA’s Elder Peoples Support Project (“EPSP”) falls into three main strands: well-being, education and social. EPSP provides about 450 sessions a year. For many EPSP members, these activities help ensure their positive mental and physical well-being, reducing loneliness and isolation, so allowing them to age well, while supporting both national and local government commitment to promote healthy lifestyle.

Financial Review

The Charity can report a deficit on unrestricted funds for the year of £14,833 (2021: £48 surplus). The charity’s funds stood at £66,788 at 31 March 2022 (2021: £76,572). This comprises £23,070 of unrestricted general funds (2021: £37,903), £10,000 of designated funds (2021: £10,000) and £33,718 of restricted funds (2021: £28,669). Total incoming resources for the year were £103,201 (2021: £101,332). This includes £38,000 funding from London Borough of Lewisham.

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Reserves Policy

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The directors committee of the Ackroyd Community Association has a reserves policy of maintaining reserves to cover three month anticipated expenditure, including wages, utilities costs tec. This is currently achieved, with free reserves amounting to £22,166 the year end (2021: £36,492).

Risk assessment

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The director’s committee has undertaken an assessment of the risks faced by the organisation.

Future funding, pensions obligations, strength of the directors committee and pressure on staff were seen as key areas of risk, these risks were seen as being manageable and a schedule of review of the mitigation measures agreed will be maintained as

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Ackroyd Community Association (Limited by Guarantee) Trustees report

Statement of Trustees’ Responsibilities

The trustees (who are also the directors of Ackroyd Community Association for the purposes of company law) are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 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. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and apply them consistently; ** observemake judgementsthe methodsandandestimatesprinciplesthatinarethereasonableCharities SORP;and prudent; , + state whether applicable accounting standards, comprising FRS 102 have been followed, subject to any material departures disclosed and explained in the financial statements; and * prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.

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

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small company provisions

This report has been prepared in accordance with the smail companies’ regime under the companies Act 2006.

Approved by the trustees of the charity on 10112222... and signed on its behalf by:

Deirdre Mason Chair

Det KR. PY et Dey. lo Ji J 2023

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Ackroyd Community Association (Limited by Guarantee)

Independent Examiner's Report to the trustees of Ackroyd Community Association (‘the Company’) | report to the charity trustees (who are also Directors for the purpose of company law) on my examination of the accounts of the Ackroyd Community Association (‘the charitable company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that | might state to the charity's trustees those matters | am : required to state to them in this report and for no other purpose. To the fullest extent permitted by law, | do not : accept or assume responsibility to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions | have formed.

Responsibilities and basis of report As the charity's trustees of Ackroyd Community Association you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of Ackroyd Community Association are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, | report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

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An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an ndependent examination can provide. Consequently | express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner's statement. ,

Independent examiner’s statement

| have completed my examination. | confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

; 1. accounting records were not kept in respect of Entelechy Arts Limited as required by section 386 of the 2006 | Act; or ; 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or 4. the accounts 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 accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

| have no concerns and have come across no other maiters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Timothy Sullivan FCA Field Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB

| Dates... LEE rosso

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	Ackroyd Community Association	Ackroyd Community Association	Ackroyd Community Association	Ackroyd Community Association	Ackroyd Community Association	.
		(Limited	by Guarantee)
Statement of Financial Activities (including Incomeand ExpenditureAccount) Fortheyearended 31 March 2022
Income Donationsand legacies Charitable activities Othertrading activities Investments	Notes 3 4 5 6	Unrestricted funds £ 6,863 50,564 - i4	Restricted Totalfunds funds 2022 £ £ 38,577 45,440 5,255 55,819 1,927 1,927 1 15		Unrestricted Restricted funds funds £ £ 24,296 47,004 29,918 - - - 14, -			Totalfunds 2021 £ 71,300 29,918 - 114
Total income		57,441	45,760	103,201	54,328		47,004	101,332
Expenditure: Raising funds Charitable activities	7	- 60,725	98 52,162	98 112,887	- 54,280		- 47,171	- 101,451
Totalexpenditure		60,725	52,260	112,985	54,280	.	47,171	101,451
Netincome/(expenditure) before transfers		(3,284)	( 6,500)	(9,784)	48		(167)	(119)
Transferbetweenfunds		(11,549)	11,549	-	-		-	-
Netmovement Infunds		(14,833)	5,049	(9,784)	4		(167)	(119)
Reconciilation offunds Total funds broughtforward		47,903	28,669	76,572	47,855		28,836	76,691
Totalfundscarrledforward		33,070	33,718	66,788	47,903		28,669	76,572
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The statement of financial activitles includes all		gains and losses recognised in the year. All
incomeandexpenditurederivesfromcontinuingactivities.

Statement of Financial Activities (including Income and Expenditure Account) For the year ended 31 March 2022

The statement of financial activities complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 10-19 form part of these accounts.

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Ackroyd Community Association (Limited by Guarantee)

Balance Sheet

As at 31 March 2021

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|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |Note|2022|2021| |,|7|£| |Fixed|assets| |Tangible|Assets|10|904|1,411| |Current|assets| |Debtors|11|13,852|5,776| |Cash|at|bank|and|in|hand|61,998|81,580| |75,850|87,356| |Liabllities:| |Creditors:|Amount|falling|due|within|one|year|12|(|9,966)|(12,195)| |Net|current|assets|/|(Ilabilities)|65,884|75,161| |Net assets|66,788|76,572| |The|funds|of|the|charity:| |Restricted|income|funds|33,718|28,669| |Unrestricted|income|funds| |Designated|funds|||10,000|10,000| |General|reserve|23,070|37,903| |Total charity funds|14|66,788|76,572|

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The charity is entitled to the exemption from the audit requirement contained In section 477 of the Companies Act 2006, for the year ended 31 March 2022. No member of the charity has deposited a notice, pursuant to section 476, requiring an audit of these accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The notes on pages 10-19 form part of these accounts.

The accounts were approved by the Board on .@®...42 ML 2223

Trustee Name Charity RegIstration No. 1097160 Company Registration No. 4396054 /o /1 [4042 fo fi [2023

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022

1 Statutory information Ackroyd Community Association is a charitable company, limited by guarantee, registered in England and Wales number 04396054, charity number 1097160. The charitable company’s registered office address is: 9 Hare and Billet Rd, London, SE3 ORB

The charitable company's principle place of business is:

Ackroyd Community Centre, Ackroyd Road, London SE23 1DL.

The functional currency is sterling.

2 Accounting policies 2.1 Basis of preparation

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), (Charities SORP FRS 102) and the Companies Act 2006 and Charities Act 2011.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

• 2.2 Public benefit entity The charitable company meets the definition of a public benefit entity under FRS 102.

2.3. Golng concern . The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The charitable company can comfortably operate based on confirmed funding with sufficient reserves. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. The charitable company is exempt from preparing a cashflow statement under the smail entity provisions within S1A of FRS102.

2.4 Judgements and key sources of estimation uncertainty

In the application of the company’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.

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The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the periods in which the estimate is revised where revisions affects only that period, or in the period of the revision and future periods where the revisions affects both current and future periods.

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financlal statements for the year ended 31 March 2022: continued

• 2.5 Income

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

Where donations and grants are restricted to future accounting periods or have imposed conditions before the charity has entitlement, they are deferred and recognised in those future accounting periods. Grants for immediate financial support and assistance, or to reimburse costs previously incurred, are recognised immediately.

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Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract.

2.6 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.

2.7 Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated and are available for use at the trustees’ discretion In furtherance of the charitable objectives.

Designated funds are unrestricted funds set aside at the discretion of the trustees for specific purposes.

2.8 Expenditure and basis of apportioning costs

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 accounted for on an accruals basis with the irrecoverable element of VAT included with the item to which it relates and has been classified under headings that aggregate all costs related to the category. Expenditure is classified under the following activity headings:

Ralsing funds: Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose Charitable activites: Expenditure on charitable activities includes the costs of delivering services and activities to beneficlaries and their associated support costs and other activities undertaken to further the purposes of the charity.

2.9 Tanglble fixed assets and depreclation The charitable company operates a policy of capitalising fixed asset items costing over £350.

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Tangible tixed assets are stated at cost 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. The principal annual rates used for this purpose are:

Office and kitchen equipment

25% on cost

2.10 Leasing and hire purchase commitments

Rentals payable are charged to the Statement of Financial Activities on a straight line basis over the term of the lease.

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

2.11 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

The trustees seek to use short term deposits to maximise the return on monies held at the bank and to manage cash flow. The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.12 Debtors

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

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

2.14 Fundraising

Ackroyd Community Association doesn't use 3rd party fundraising organisations. Funds are raised through individual donations, grants from Trusts, Foundations and Government grants and contracts. Some fundraising events have also been carried out.

2.15 Pensions The charitable company now operates an Auto Enrolment defined contribution pension scheme. Contributions are charged to the Statement of Financial Activities as they are incurred.

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financlal statements for the year ended 31 March 2022: continued

3 Donations and legacies

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		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				2022			2021
				£			£
London Borough of	Lewisham	-	38,000	38,000	710,000	41,305	51,305
CJRS Grant		6,833	-	6,833	14,296	-	14,296
Rushey Green Time Bank		-	298	298	-	-	-
Appeals and donations		30	279	309	-	5699	5,699
Total		6,863	38,577	45,440	24,296	47,004	71,300
Income from charitable activitles
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				2022			2021
				£			£
Rental income		50,564	-	50,564	29,918	-	29,918
Activities		-	5,255	5,255	-	-	-
		50,564	5,255	55,819	29,918	-	29,918
Income from other trading activities
		Unrestricted	Restricted	Total	Unrestricted	Restricted	Total
				2022			2021
Fundraising		-	1,927	1,927	-	-	-
Income from Investments
		Unrestricted	Restricted	Total 2022	Unrestricted	Restricted	Total 2021
				£			£
Interestreceivable		14	1	15	114	.	114

4 Income from charitable activitles

5 Income from other trading activities

6 Income from Investments

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

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||||||||| |---|---|---|---|---|---|---|---| |7|Analysis|of|expenditure| |Charitable|activities| |Cost|of|raising|Activity|costs|Support|2021| |funds|costs|2022|Total|Total| |£|£|£|_|£|£| |Staff|costs|-|42,056|-|42,056|41,040| |Grants|payable|(Community| |Developmt)|-|17,038|-|17,038|17,038| |Activities,|lunches,|trips|-|6,665|-|6,665|630| |Rent,|rates,|insurance|-|1,801|-|1,801|1,406| |Light,|heat,|power|-|4,880|-|4,880|§,207| |Repairs,|renewals|-|13,558|-|13,558|15,992| |Cleaning|.|21,258|.|21,258|12,363| |Telephone,|internet|-|-|86|86|1,349| |Leasing|charges|-|-|-|-|-| |Administration|.|.|1,847|1,847|2,346| |Depreciation|-|507|-|507|507| |Other costs|-|-|(46)|(46)|228| |Accountancy|-|-|999|999|625| |independent examination|-|-|2,238|2,238|2,720| |Raising|funds|98|-|-|98|-| |Total|expenditure|2021|98|107,763|5,124|112,985|101,451| |Unrestricted|Restricted| |Of the|total|expenditure:|2022|£60,725|£ 52,260| |2021|£ 54,280|£47,171| |Analysis|of expenditure|- prior year comparative| |Charitable|activities| |Cost of raising|Activity costs|Support| |funds|costs|2021|Total| |£|£|£|£| |Staff costs|-|41,040|-|41,040| |Community development|-|-|-|-| |Grants payable|17,038|-|17,038| |Activities,|lunches,|trips|-|630|-|630| |Rent,|rates,|insurance|-|1,406|-|1,406| |Light,|heat,|power|-|5,207|-|5,207| |Repairs,|renewals|-|15,992|-|15,992| |Cleaning|-|12,363|-|12,363| |Telephone,|internet|-|-|1,349|1,349| |AdministrationLeasing|charges|--|--|2,346-|2,346-| |Depreciation|-|507|-|507| |Other costs|-|-|228|228| |Accountancy|-|-|625|625| |Independent examination|-|-|2,720|2,720| |Raising|funds|-|-|-|-| |Total expenditure 2021|-|94,183|7,268|101,451|

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

8	Net income for the year
			.	2022
	The net income forthe year is stated after charging:		£	£
	Independent Examination		2,238	2,720
9	Staff costs
	Staff costs during the year were:		2022 £	2021 £
	Salaries andwages		40,980	39,964
	Social Security costs Employer's contribution to	defined contribution pension schemes	- 1,076	- 1,076
			42,056 41,040 ee
	Number ofemployees
	The average monthly number ofemployees during the yearwas:
			2022	2021
		Charitableactivities	3	3

There were no employees whose annual remuneration was £60,000 or more (2021 - nil).

The key management personnel of the charitable company are the trustees, who do not receive renumeration (2021 - nil).

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Ackroyd Community Association (Llmited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

10 Tangible fixed assets

10	Tangiblefixed assetsassets
10	Tangiblefixed assetsassets	Fixtures,	fittings &equipment
	Cost: At1 April 2021			54,204
	Additions Disposals			- (15,459)
	At31 March2022			38,745
	Depreciation:
	Ati April 2021			52,793
	Depreciation in the year			507
	Eliminated on disposal			(15,459)
	At 31 March 2022			37,841
	Netbookvalue:
	At 31 March 2022			904
	At 31March2021			4,411
11	Debtors Duewithinoneyear:	2022 £	:	2021 £
	Trade debtors	5,408		-
	Accrued income and prepayments	8,444		5,776
		13,852		5,776
12	Creditors
	Amounts falling due within one year:
		2022		2021
		£		£
	Trade creditors	4,860		6,546
	Social Security and other taxes	346		36
	Pension Accruals	209 4,551		209 5,404
		9,966		12,195

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Ackroyd Community Association (Limited by Guarantee)

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Notes to the financial statements for the year ended 31 March 2022: continued

13 Analysis of net assets between funds

}

				2022
	Unrestricted funds		Restricted funds	Total funds
		£	£	£
Fund Balances at	31 March 2022 are represented by:
Tangible Fixed Assets		904	-	904
Current Assets		42,132	33,718	75,850
Creditors: Amounts falling due within
one year		( 9,966)	-	(9,966)
Total net assets	—	33,070	33,718	66,788
Analysisof netassetsbetweenfunds -prioryearcomparative
				2021
	Unrestrictedfunds £		Restrictedfunds £	Totalfunds £
FundBalancesat31	31 March 2021 arerepresentedby:
Tangible FixedAssets		1,411	-	1,411
Current Assets		58,687	28,669	87,356
Creditors:Amounts falling due within
oneyear	(	12,195)	-	( 12,195)
Totalnetassets	_	47,903	28,669	76,572

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

14	Movement infunds	1 April2020 £	Incoming £	Outgolng £	Transfers £	31 March 2021 £
	Restrictedfunds
	Communitydevelopment project	2	17,040	( 17,038)	-	4
	Crofton ParkWard Assembly	400	-	-	:	400
	RusheyGreen Time Bank	-	298	( 298)	-	-
	Elder People Support Project	28,267	28,422	(34,924)	11,549	33,314
	Total restricted Funds	28,669	45,760	(52,260)	11,549	33,718
	Unrestrictedfunds:
	Designated funds
	Maintenance fund	10,000	-	-	-	10,000
	Generalfunds	37,903	57,441	( 60,725)	( 11,549)	23,070
	Total unrestricted funds	47,903 57,441 (60,725) (11,549) 33,070 nr
	Total funds	76,572	103,201	(112,985)	-	66,788
		—==£==========[—[—=[——=—=—[—[— —EoEoooooOoOoOoooaaeeoeEe———ooESESEEEe———EEeeEO
	Movement in funds -prioryearcomparative	comparative
		1 April2020	Incoming	Outgoing	Transfers	31 March2021
		£	£	£	£	£
	Restrictedfunds
	Community developmentproject Crofton Park WardAssembly ElderPeople SupportProject	(5,699) 400 34,135	22,739 - 24,265	( 17,038) - (30,133)	- - -	2 400 28,267
	TotalrestrictedFunds	28,836	47,004	(47,171)	-	28,669
	Unrestricted funds:
	Designatedfunds Maintenance fund	10,000	-	-	-	10,000
	General funds Totalunrestrictedfunds	37,855 47,855	54,328 54,328	($4,280) (54,280)	- -	37,903 47,903
	Totalfunds	76,691	101,332	(101,451)	-	76,572
	Purposes of restricted funds:
	Elder People's Support Project	-EPSP provides activities for over 55s in the local area.We have always kept
	EPSP funds separate from ACAfunds with separate		bank accounts, although It is		anACA project. London Borough
	of Lewisham granted the EPSP project £20,960 in the year (2021:£20,960).				.

Community development project - ACA administers a grant to fund Community development in the Crofton Park Ward. The work is managed by a number of groups working on the task collaboratively. The grant this year amounted to £17,040 (2021; £22,739).

Purpose of designated funds:

Maintenance fund - we no longer receive a grant from London Borough of Lewisham towards running the building. This fund was created to meet future repairs and renewals to the building that can't be met from general funds.

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Ackroyd Community Association (Limlted by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

15 Transfers between funds

The trustees have made a transfer from General funds to Community development project to more accurately reflect the expenditure directly on the project.

16 Taxation The charitable company under Part 11 of the 17 Related parties

The charitable company is registered as a charity and all of its income falls within the exemptions under Part 11 of the Corporation Tax Act 2010.

There are no related party transactions to disclose for 2022 (2021: none). There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

18 Trustees

None of the trustees (or any person connected with them) received any remunerations from the charity during the year. No reimbursements were made to trustees in 2022 (2021 -nil) for travelling and other expenses and no payments were made direct to third parties.

----- Start of picture text -----
19 Pension and other post-retirement benefit commitments
Defined contribution 2022 2021
£ £
Contributions payable by the company for the year 1,076 1,007
eee
----- End of picture text -----

At 31 March 2022 pension liability of £209 was outstanding, paid in April 2022 (2021: £209).

20 Contingent assets or liabllities There are no contingent assets or liabilities at March 2022 (2027: nil).

21 Liabllity of members Ackroyd Community Association is a company limited by guarantee and has no share capital. In the event of the company being wound up, the liability of the members is limited to £1 each.

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22 Ultimate controlling party The charitable company was under the control of the trustees during the period under review. There is no single ultimate controlling party.

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Ackroyd Community Association (Limited by Guarantee)

Notes to the financial statements for the year ended 31 March 2022: continued

23	Additional information forEPSP	EPSP			2022 £	2021 £
	Elder People Support Project Incoming funds		Broughtforward balance Donations Furlough grant Lewisham main grant		28,267 279 6,833 20,960	34,135 - - 24,265
			NCDP Dementia Social Club		-	-
			Activities Fundraising Bank Interest		5,255 1,927 1	- - -
	TotalIncomingfunds				35,255	24,265
	Expenditure intheyear		Salaries Activities: classes Administrative costs		25,766 6,665 386	25,766 630 449
	Equipment Independent Examination (NB correction in 2021 for2020 IE notshared) Other				- 1,248 - 108	129 1,360 1,174 -
			Rent to Ackroyd Telephone		299 354	302 323
			Fundraising		98	-
	TotalEPSPexpenditure				34,924	30,133
	NetIncome/(expenditure)	intheyear			331	(5,868)
	Transfer betweenfunds - not allocted to EPSP in 2021 (Furlough grant& Activity Income2021)				4.716 ,
	TotalEPSPfunds carrled	forward		———	33,314 28,267 EES

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