•• DIRECTOR'S REPOR T AND FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31" MARCH 2021 Charity Registration No.. 1099662 Company Registration No.'04921969 Funded and supported by: European Union LONDON COMMUNITY RESPONSE ity Bridge Trust CITY LONDON
CONTENTS PAGE Reference and admtnistration Report of the Trustees Independent Examinerfs Report ststement of FinanGial activities 10 Balance Sheet 11 Notes to the Financial Statements 12-16 2gf16
T4= Mr Sablir Ahmed Chowdhury Treasurer Mr5 Ftha)a Paxk Company Secretary: Rumi Begum Registered OfFi¢e 31 Church Road Manor Park London E12 6AD HSBC 15Tr L(rKkn E151X E11 3tsf16
The Directors present the financial statements of the charitable company for the year ended 31 st March 2021. The finanGial statements have been prepared in accordance with the accounting policies set out on page 11-12 and comply with the charity's applicable law and companies act 1985 as amended by the 2006 act The principal aims and objectives are providing or assisting in the provision of facilities for the creation and other leisure time occupation for people living andlor working in London Borough of Newham and in the interest of social welfare and wth the objectives of improving conditions of life,. advancing education among the people living andl or Wofking in Newham,. relieving poverty, sickness and disability among the living andl or working in London Borough of Newham; promoting good race relab'onship and any other purposes which is charitable according to the laws of England. structure, Governance and Management Governing Document: The organisation is governed by its constitution and acts entirely as a non-profit making organization and has charitable status. charity number. 1099662. registered on 27th September 2003, and was incorporated on 6th October 2003 as a Company Limited by Guarantee (no.. 04921969) The Directors are legally responsible for the overall management and control of Citizen Development Community Centre. The work of implementing most of their polictes is carried out by themselves and the Chair meets with the manager monthly and before each full trustees meeting and on some occasions to deal with specific issues. Directors meet four times a year and are chaired by the Chair. In accordan with the goveming document. elections for the directors take place every year at the 2nnual general meeting. if eligible. may offer themgelveg for re-Èleetion. Appointment is on the basis of nominations received from members conceming eligibility, personal competence, specialist skills and local availability Directors are inducted through training days and through informal and fonnal meetings with established or outgoing trustees and a provided with an induction pack and other relevant materials to familiarise themselves with the charitys operations. 4of16
Trustees: The directors consider the board of directors. who are the trustees. comprise the key management personnel of the charity in charge of d1ctIng and controlling, running and operating the Trust on a day to day basis. All directors give of their time freely and no director received remuneration in the year Monitoring and Evaluation Citizen Development Community Centre is committed to the robust monitoring and evaluation of its activities, so that we can effectively identify and measure the impact on the lives of those we support. We have embedded monitoring and evaluation processes throughout all our projects. Our evaluation processes include the monitoring of critical impact measurements, alongside monitoring of detailed operational and management information, which are reported back to our Board of Trustees on a quarterly basis. In addition, we seek to Gollect feedback frotn those using our services, which allows us to assess our impact in their lives and the varied issues that they fa. Charitable Activities of Public Benefit= Trustees have complied with their duty in section 17 of the Charities Act 2011 to have paid due regard to the Charity Commission's guidance on public benefit in deciding which activities the tharity should undertake. Without volunteers, Missing People could not be a lifeline vthen someone disappe8rs. Volunteers gain new experiences within the voluntary sector, leam from highly-trained staff and gain and develop new skills that will stsy with them forever. Volunteers can make a real difference to missing people and their families by giving their time at the charity's central office in London, or in any part of the UK through our local volunteer programme. Activities delivered during the year were in engaging resources of providing programme of COVID19 support in physical and mental health, food management, health and nutrition and social and provisions during the pandemic. Delivery focused on how to manage their health and wellbeing through lockdown and supporting them in reduced infection and spreading of coronavirus (COVID-19) crisis. The local area of older people were enabled to have reduced coronavirus spread and living healthier lifeseS in a healthier community with a group of older people havinf.. Improved activities of daily Imng that indude functional status (individu81'9 ability to perform normal daily activities required to meet basic needs, fulfil usual roles, and maintain health and wdl-being) Lessor risk of being inactive. as well as less reporting multiple health-risk behaviours including physical inactivity Food security Improved self-esteem and use of active coping rnechanisms. Reduced likelih(K)d of rOnaVirus infection. 5oflO
Reduced isolation and loneliness Improved health outcomes and living independently The activities brought about lasting change to older people's well-being, providing them with very important ways to understand how they could sustain improvements to well- being by finding ways in looking at how the could be encouraged to develop healthier, sustained behavioural habits. and a lasting sense of lrfe satisfaction in the adverse of any pandemic. The charity has also been enabled to develop a greater capacity to withstand threats and adapting to changing circumstances giving it a secure future. For the future, this has provided a greater resilience through stronger govemance and greater local involvement; increased management and staff skills," fresh sources of expertise and advice. and working in partnership to share services. staff and resources. This has engaged volunteers who will increase capacity, and showing that it is stronger and in a better position for Ihe future as a result of the changes it has made. Going concern COVID-19 is not expected to have a significant impact on the entity. Management has detem)ined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concem. It expects that COVID-19 might have some impact, though not significant. for example, in latiOn to expected future perfomiance, or the effects on some future asset valuations. Plans for future periods: Our priorities for 2021-2022 reflect growing demand for our services and V aim to: Deliver high quality services that enable the charity stability, financial security, improved wellbeing and the development of posits-ve relationships. Develop and deliver a range of educational and employment solutions. Develop and engage neighborhood source of knowledge on causes, effects and solutions for health and wellbeing. Raise funding to support existing activities and grovAh plans. 11. The dBtylwJ £434,810., {%J1¥2): £4,5naMI auJJt¢J £.., (2)1. £4,852). £8216. (1.. (£2751 FurKlrYJ 6of16
Reserves policy and going concem: Reserves are n&ded to bridge the gap between the spending and receiving of income and to cover unplanned emergency repairs and other expenditure. The trustees consi(Jer that the ideal level of reserves is three months of expenditure Risk management: The trustees have a risk mana9ement strategy which comprises: an annual review of the principal risks and uncertainties that the charity face; the establishment of policies. systems and procedures to mitigate those risks identified in the annual review., the implementation of procedures designed to minimise or manage any potential impact on the charity should those risks materialise. This work has identified that financial sustainability is the major financial risk for the charity. A key element in tt)e management of financial risk is a regular review of available liquid funds to setue debts as they fall due, regular fundraising activities, and active managetnent of trade debtors and creditors balances to ensure sufficient working Capital by the charity. Attention has also been focused on non-financial risks arising from fire. health and safaty. These risks are managed by ensuring accreditation is up to date, having robust policies and procedures in place. and regular awaneSS training for staff working in these operational areas. Law applicable to charities in England and Wales requires the directors to prepare financial statement for each financial year, vthich give a true and fair view of the state of affairs of the charity for the period. In preparing those financial statements. the directors are required to.. Select suitable accounting policies and then apply them consistently Make judgment and estimates that are reasonable and prudent., State whether applicable accounling standards and Statement of Recommended Practice have been followed, subject to any material departures disclosed and explained in the financial statement and: Prepare the financial statements on a going concem basis. The directors are responsible for k&ping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the diarity and enable them to ensure that the financial statements comply with applicable law. They are responsible for 7of16
safeguarding the assets of the charty and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 8of
INDEPENDENT EXAMINER'S REPOR T TO THE TRUSTEES OF C171ZEN DEVELOPMENT COMMUNITY CENTRE I report on the accounts of Citizen Development Communty Centre Ilhe company.) tor the year ended 31 March 2021. As the chariws trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordanlx with the requirements of the Companies Act 2006 (Ihe 2006 ACV). Having satisfied myseFf that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Act.). In carrying out my examination I have followed the Direclions given by the Charity Commission under section 145(5) (b) of the 2011 Act. I have completed my examinab'on. I confirm that no matters have come to my attention in connection with the examination giwng me cause to believe: 1. accounting records ware not kept in respect of the Company as required by section 386 of the 2006 Acl", or 2. the accounts do not accord with those records; or 3. the accounts (to not comply wilh the accountsng requirements of section 396 of the 2tK)6 Act other than any requiretnent that the accounts give a true and fair view vthich is not a matter considered as part of an independent examination; or 4. the accounts have not been prepared in accordan with the methods and principles of the Statement of Recommended Practi for accounting and reporting by charities (applicable to charities preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and ReputAic of Ireland {FRS 102)). I have no concem8 and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Sidney Milambo, ACMA 25 Watershipdown House Cambridge Park Road London Ell 2PY Date: 15" November 2021 9of16
CITIZEN DEVELOPMENT COMMUNITY CENTRE DIRECTOR'S REPORT AND ACCOU[3 Fofi THE YEAtI ENDED 31st MARCH 2021 STATEM OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31st MARCH 2021 INCOME Unrestricted Funds Restritted Funds Total Funds Total Funds 2019120 2020121 Note £'l Grants & Donations and legacies Income from charitable activities Income from other tradin8 aaivities: Investment income Other Income 34,810 34,810 4,577 Totsl income 34.810 34,810 4,577 Expenditure Costs of raising funds- Fundraising Expenditure on charitable actrvities- Charitable Direct Operations Charitable Support Costs Governance Costs 275 24,037 1.932 350 24,312 1,932 350 4.376 126 350 Total expenditure 275 26.319 26,594 4.852 Net income/(expendtturel and net movement in funds forthe year {275) 8.491.09 8.216 (275) Reconciliation of funds Total Funds brought forward 4.618 4,618 4.893 Total funds carrled forward 8.491 12,834 4,618 The statement of financial artivities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 10416
cinzEN DEVELOPMENT COMMUNFtY CENTRE DIREOR's REPORT ANDACCOUNTS FOR THE YEAR ENDED 3tst MARCH 2021 Balance Sheet as at 31 Marth 2021 Note 2020121 Totsl 2019120 Total xed assets Tangible assets Total red Assets Current assets Debtors Cash at bank and in hand 25,504 6.789 Total Current Assets LiabilÈties Cred¥tors falling due within one year 12.670 2,171 Net Trent ass•ts Iz 4.618 Total assets less current liablllties Il834 4,618 Net assets 12.834 4.618 The fvnds of the tharity: Unrestricted income funds 4.343 4,618 Restricted Income funds 8.491 T¢)tal tharityfunds 12.834 4.618 Th& chan't8ble conpany entitled Io ox8mption from audit uTr*r Section 477 of Companies Ad 2006 forthe year end8d 31 Marth 2021. The members have not rn¥uiRd company to obtn an auditof ts finanLyal statements trthe ye8rendgd 31 March 2021 In acGordanGe bmih Seclion 476 of the Ccvnpanies Act 2(706. (&) enourirw that the charitable Gc¥npany keeps aLrn&"l¥j ccdS that c(¥ry)ty lOng 386 and 387 of th8 Comp8nies Act 2006 8nd (b) prepéiing ffnancial Statennts give a fr wew of thg state of affrS of th8 ch8ntable company 88 at the 9Tr1 of each finan.81year8l oftts deficrt roreach finanualye8rin accon18nce with the requirements of Sections'394 and 395 arrtl otsnvise comply th tho requiremlts of th8 CompanS Act 2006 lating to find81 statement4 w far as applicable to ts Ghaiitable company. Tljese finanual slatements have been ppared in aCccdan provisions 8ppIKablg to charitsble companie$ subject to small companies regime. The financi81 st8tements approved by Ihe Boardof Tftees and athised frjrissue on 15th November 2021 and were &gned on its behamby." Mrs Rumi Begum (Se¢retary) Mr SabbirAhmed owdhry (freasurer} Ilof16
CITIZEN DEVELOPMENT COMMUNftY CENfRE DIRECTOR'S REPORT AND Accou[5 FOR THE YEAR ENDED 3tst MARCH 2021 Notes to the accounts. I l Accounting Policies The principal accounting policies adopted, judgements and key sour$ of estimates of uncertainty in the preparation of the finantial statements are as follows- al 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 account5 in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FR5 1021 {effectNe l January 20151- Icharities SORP (FRS 10211, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Art5 Theatre Trust meets the definition of a public benefit entity under FRS 102. A55ets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note{s) bl Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item{sl of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from grants. whether 'capital' grants or'revenue, grants is recognised when the charity has entitlement to the funds. any performance conditions attadied 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 received in advance of a theatrical performance or provision of other specifie c} Donated services and facilities Donated recognised as income when the charity has control over the item, any conditions a550ciated with the donated item have been met. the rlpt of economic benefit from the use by the charity of the item is probable and that economic benefrt can be measured reliably. In accordance with the Charities SORP IFRS 102}. the general volunteer time of the Friends is not recognised dl Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity- this 15 normally upon notification of the interest paid or payable by the Bank el Fund accounting Unrestrirted- funds are available to spend on activities that further any of the purposes of charity. Re5trirted fund5: are donations which the donor has specified are to be solely used for particular areas of the donations which the donor has specified are to be solely Designated funds- are unrestricted funds of the charity which the trustees have decided at their distretion to set aside to use for a spwfic purpose. r34
cmzEN DEVELOPMEKf COMMUP4TTY CEPfftE DIREcfoR'S REPORT AND Accovrirs FOR THE YEAR ENDED 31st MARCH 2021 fj Expenditure Expenditure is re¢o8nised 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 oblF8ation can be measured reliably. Expenditure is classrfied underthe following activity headin8S= Costs of raising funds comprise the Costs of raising charitable funds including grant application5 and their a55ociated support Costs Expenditure on charitable activirie5 includes the costs of educational and other charrtable aetlvFtles undertaken to further otherthe purposes of the tharity and their assoclated support Costs • Other expenditure represerts those items not falling into any other heading. f) Support costs Support costs are those functrons that assist the work of the charity but do not dirertFy undertake charitable activities. Support costs include back office costs. finance. personnel. payroll and governance costs which support the charrty's programmes and activities These costs have been allocated between c05t of raising funds and expenditure on charitable activities. gl Tan8ible fixed assets Individual fixed assets costing £SCKI or more are capitalised at Cl)5t and are depreciated over their estimated useful economic Itves on a straight line basis as follows.. Fumiture, Fittings and other Equipment Computers h) Debtors Trade and other debtors are recognised at the settlement amc>unt due after any trade discount offered. Prepayments are valued at the amotjnt prepaid net of anytrade discounts due. l} Creditors and provisions Creditors and provisions are recognised vhTrere the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be rneasud or estimated reliably. Creditors and Creditors and provisions are norrnal recognised 2t their settlement amtyjnt after allowing for any trade discounts due. 2 INCOMING RESOURCES 25% on cost 25% on cost Totsl 2020121 2019120 GraTrts & Donations East End Community Emmergency Fund City Bridge Tru5t- City of London Voice4Change England Albert Hut Trust Chartes S French Charitable Trust Groundwork ESF W G EDWARDS 16.310 io.c 16,310 io. 2.5 3,077 1,500 4.577 34.810 34.810 Donations Total Grants & Donations 34.810 34.810 4.577 Activities for generating income Other Income Total Total in¢omin8 Resourtes 3410 3410 4.577
cmzEN DEVELoPmEr COMMUNITY CEKfRE DIREcfoR'S REPORT AND ACcour FOR THE YEAR ENDED 3tst MARCH 2021 Notes to the accounts continued........ 2020121 2019120 31al Charftable Direct Operations Sessional Staff Abuse & Safeguiding Projert Management Volunteers Venue Hire/Rent ActivitienraininglEventsl Materials COVID-19 awareness5 & Materials Outings Advertising & Publicity Food Provi5ion5 and Dietsry Materia15 and 5e5sion5 Mental Health Activities and Se55K)ns Physical Health Activities and Session5 Total Dlrect 2.075 2.746 5,607 2W 250 255 2.754 450 605 100 275 115 4.406 3.250 14312 4.376 3 Ibl Charitable Support Costs Support Services Prote55ional Fee5 Tel/lnternet Admini/Filing Total Support 1,491 441 126 1.932 126 31 cl Governance Independent Examination 350 350 Total Governan 350 350 Total Expenditure 26,594 4,852 4 fixed Assets Computers & Equipment 6500 Total 6,500 As at 2104120ZO Addttions As at 3U0312021 65(Kl 6,500 Dedpre¢latlon As at 01104120ZO Charge for year As at 3110312021 65(KJ 6.500 6500 6,51KJ Net Book Values As at 3110312021 As at 3110312020 5 Cash at Bank and In Hand Current Account-H5bC Petty Cash Total Cash 25,504 6,789 25,504 6,789
CITIZEN DEVELOPMENT COMMUNITY CENTRE DIREcfoR'S REPORT AND ACCOUNT5 FOR THE YEAR ENDED 31st MARCH 2021 Notes to the accounts continued..-- 6 Net incomellexpenditure) for the year This is stated after charginr. 2020121 2019120 7 Examinerf5 remuneration- Examination Fees 350 550 350 550 8 Creditors: amounts lalling due within one year Ceditors and accruals Independent Examination Accruals 350 12.321 12.671 350 1,821 2,171 Salaries and wages 2,075 2.075 2.746 2,746 No employees had employee benefits in excess of £60.(KXI12020 nill. The charitytrustees were not paid or received any other benefits from employment with the Trust or its subsidiary in the year {2019: £nill neither were they reimbursed expenses during the year12019.. £nil}. No charity trustee reiVed payment for professional or other serv15 supplied to the charity12019: £nil} 10 Staff Nurnber5 The average monthly head count was O staff12019: 1 staffj and the average monthly number of full-time equivalent employees (including casual and part-time staffj during the year were a5 follows.. 2020121 Number 2019120 Number Education including others 11 Revenue funding COVID-19 CRISIS Groundwork London W G EDWARDS General 2020121 34,810 Z019120 3.077 1.5(Xl 3UiO All the above funding was received to provide services, of COVID-19 emergency crisis and Health & well being attivties has been included in the financial 5tstements under incoming resources from charitable activities. 4.577
CITIZEN DEVELOPMENf COMMUNITY CENTRE DIRECTOR'S REPORT AND ACCOUNTS FOR THE YEAR ENDED 31st MARCH 2021 Notes to the accounts continued_- 13 Analysls of charitsble funds Balance 01-Apr-20 Income Expenditure Transfers £,0 £'(M)O Funds As At 31-Mar-21 Restricted funds COVID-19 CRISIS 34.810 26,595 8,216 34.810 26,595 8,216 Un Restricted funds General 4.618 4.618 4.618 4.618 Total Funds 4.618 34.810 26.595 12,834 14 Analysis of group net assets between funds Un Restricted Restrlrted Total Fund Fund Fund5 Tangible fixed assets Current Assets Liabilities Balance of Funds 4,343 21,161 112.670) 8.491 25,504 112,670) 12,834 4,343 15 Contigencie5 and contractual commitments In the opinion of the Directors. At 31st March 2021. threre were no contigent liabilities and contractual commitments