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← Colindale Communities Trust (Cct)

2024-03-31-accounts

Colindale Communities Trust (CCT)

Report and financial statements for the year ended 31 March 2024

Company number 5000069 Charity number 1103854

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Reference and administrative information

Company number 5000069 Charity number 1103854 Registered office and operational address The Old Library The Concourse London NW9 5XB Trustees Trustees, who are also directors under company law, at the date of this report, are as follows: Nicola Theron Chair Chris Smith Treasurer Karen Whitting Secretary Gill Sargeant Carol Johnson Keith Balcombe Magali Peyrefitte Key management Bina Omare Chief Executive Officer personnel Bankers Lloyds Bank plc 3rd Floor 25 Gresham Street London EC2V 7HN Independent Examiner Adrian Phillips FCA Arlo Accountancy Ltd Chartered Accountants 107 Valley Road Stockport SK4 2DB

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

The trustees present their report and financial statements for the year ended 31 March 2024. Included within the trustees’ report is the directors’ report as required by company law.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Objectives and activities Purposes and Aims

Our charity’s purpose as set out in the objects contained in the company’s memorandum of association are to promote the benefit of the public in the Colindale and Burnt Oak area of North London, principally in the London Borough of Barnet (the ‘area of benefit’), without distinction of race or sex or sexual orientation, or of political, religious, or other opinions, by associating the public, voluntary and private sector organisations and residents in a common effort.

The aims of our charity are to:

Ensuring our work delivers our aims

The trustees review the aims, objectives, and activities of the charity each year. This report looks at what the charity has achieved and the outcomes of its work in the reporting period. The trustees report the success of each key activity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity's aims, objectives and activities remained focused on its stated purposes.

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Achievements and performance

With a strong presence on Grahame Park and Colindale and wider trust in our services, CCT is committed to being a place-based community charity and anchor institution that invests in communities where people can flourish and thrive. Great health and wellbeing are essential foundations for thriving and resilience communities and a successful economy, and CCT are rightly proud to provide safe, warm, and trusted facilities and holistic service, a key cornerstone for good health.

CCT recognise the impact of other determinants of health for our communities, such as income and employment status, and the implications this has for tenancy sustainment and creating and sustaining resilience communities. As a member of the Grahame Park (Strategic) Steering Group focusing on Neighbourhood partnership working through a Neighbourhood Theory of Change approach, CCT leads on ensuring the Resident Voice is heard at all levels. Our leadership of the Colindale Consortium which comprises of up to twenty VCSEs ensures the smaller third sector organisations contributions and needs for the community are intrinsic in the Neighbourhood approach. Tackling inequalities of service access caused by the wider determinants of health is a key focus for CCT. This provides us with the opportunity to strategically influence and shape local health and social care service to reduce the clear inequality of statutory services to the 62% culturally diverse community within the ten percent of deprivation indicators.

There is a strong commitment from the CCT Board and Staff Team to place health, wellbeing, and prosperity at the heart of the charity and this is reflected in the Business Plan and specific aims to achieve over the next five years. CCT knows that we cannot achieve these ambitions alone and are therefore committed to working in partnership with others to make a positive lasting difference to the diverse range of people and communities we serve. This report covers a challenging period for individuals and families attributed to sharp increases in the cost of living, hard on the heels of the Covid-19 pandemic, stop and start of the regeneration moves, driving many more residents into further difficulty. CCT was on the front line of dealing with the fall-out, supporting the local community struggling with anxiety and mental health issues, as well as increased pressure on finances.

During the year 2023-2024, the team at CCT met and exceeded our projected key performance indicators. We have had;

And as proud as we are of these numbers, we know that they do not tell the entire story of our impact in the community.

CCT has been a trusted anchor within Grahame Park for many years, providing essential, independent, and face-to-face advice and support to vulnerable residents. Our engagement spans various groups, including local VCSEs, resident associations, and individuals, many of whom are often neglected by statutory bodies due to barriers like

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

digital exclusion and language difficulties. As an independent organisation, we listen actively to the community to understand their needs and develop bespoke services, either through direct delivery or strategic partnerships.

We take a holistic approach, connecting residents to relevant services and specialist VCSEs depending on their needs, be it translation and cultural needs, mental health support, employment services, or substance misuse programs. This helps prevent a relapse into financial or emotional distress and contributes to wider public health outcomes, including reducing emergency hospital admissions, evictions, and improving overall well-being.

Key highlights of our year:

Programme name Project name Budget Value Actual Adjusted
Total Wellbeing		 Actual Adjusted
Total Social Value		 Actual Saving to
Exchequer		 Actual SROI for £1
CCT spend
Engaging communities to influence
place-based facilities
VCFSE low-cost hire of
community venues		 £15,000 £3,016 £9,966,995 £124,062 £831
Unlock barriers to enterprise,
employment and education		 Digital Inclusion £100 £0 £830,167 £0 £8,302
ESOL (English) £6,000 £424,436 £553,388 £11,772 £92
Gaining Employment £550 £47,731 £82,410 £49,029 £150
Hairdressing Course £4,322 £1,458,271 £1,945,489 £557,638 £450
Work Skills L2 Course £560 £119,098 £160,480 £38,802 £287
Improve health, social and
economic wellbeing - Economic		 Triage Services face-to-face £20,000 £599,425 £18,235,102 £3,249,798 £912
Financial Inclusion Casework £24,758 £488 £6,928,310 £887,341 £280
Improve health, social & economic
wellbeing - Physical		 Female Fitness
 £3,000 £313,446 £2,208,441 £277,251 £736
Walking Group £50 £771,772 £2,229,699 £336,960 £44,594
Improve health, social and
economic wellbeing - Social and
Mental		 Coffee Morning Drop-in £100 £0 £26,793 £0 £268
Creative co-produced Arts &
Crafts		 £6,500 £119 £396,383 £191,104 £61
Health & Wellbeing Drop-in £2,800 £0 £935,844 £0 £347
One-to-one Counselling support £5 £0 £284,800 £0 £56,960
Overall SROI Insights 2023/24 Programmes £83,745 £3,737,801 £44,784,301 £5,723,757

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

a) To ensure the provision and management of effective community centres and facilities.

The Trust continue to manage four community facilities in Colindale ensuring they are sustainable and affordable to the local community, and they deliver services based on local need and led by our theory of change. We engage private organisations as well as voluntary, community and social enterprises to take advantage of place-based facilities. We do this both by raising awareness of available facilities in the community and providing our own space for hire. Use of these place-based facilities means that organisations delivering services and support to people within the community can be more accessible and useful to them.

One Stop Shop

The Trust took over the management of the One Stop Shop premises in Grahame Park in 2013. The Shop continues to have two long-term service users and has the ability to hire out the training room. The purpose of the Shop is to provide a resource for local not for profit groups and organisations whose work contributes to the Trust's charitable objectives, and an essential trusted drop-in information, advice, and guidance service to the community.

Pulse community flat

During 2014-15, the Trust entered into an agreement with Fairview Homes. The agreement included provision of a community office in the Colindale Pulse development. Youth Realities, one of our youth partnership organisations, continue delivery of their services for young women from this site, alongside community events which engage all members of the community.

Grahame Park Community Centre

Based on the need to deliver more projects which supported the community needs, the Trust took on the management of the previously under-used centre in October 2017. This continues to host a wide range of daily community projects for residents which are supported by local volunteers, through the IT Suite and through a range of VCSE partners. Grahame Park Old Library

With funding awarded from the Mayor’s Good Growth Fund, this is CCT’s main office and open-door triage reception service. We host NHG’s Make It Happen (employment, training, and enterprise) Hub, alongside a range of community learning courses, social health and well-being activities and services, a warm space, digital inclusion support and community kitchen. The large facility can also be hired out at weekends.

New Community Hub

The new community facility design discussions have continued as part of the regeneration commitments for the area. The Trust has continued to play a major part in this project to ensure it meets the needs of the community, and not just for individual project groups and organisations. The design delivers an innovative, adaptable space including catering/learning kitchen, food growing garden space, with an iconic, new landmark building for Colindale. The development of this new base will be in partnership with the new Medical Hub and any other local facilities to ensure we are not duplicating services, and maximising known services for all.

(b) To identify local needs in order to influence community services;

Health & Wellbeing

Through our local partnership approach 684 people were supported through CCT’s physical and mental wellbeing services. CCT also supported 1,085 residents through food and emergency fund support. We also distributed 3221 recycled clothing as well as additional shoes and books.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

(c) To ensure partners join up to prevent duplication and maximise the benefit of working together for the benefit of the community;

Grahame Park Consortium

The Trust continues to strengthen the collaboration between VCSEs, statutory providers and commissioned services, to ensure there is a cohesive impactful delivery of services by all. We host the Grahame Park Consortium which brings together up to twenty local organisations guided through the Neighbourhood Theory of Change model; developed with residents, local groups, and voluntary and statutory organisations, and sets out a common vision for the area. There is increased trust among Consortium members, with joint funding bids and more sharing of information.

Over the year we have taken on commissions through a range of council directorates and NHS, and larger umbrella VCSEs with delivery and associated funding allocated to up to five local organisations. This has strengthened their finances and solidified our partnership working and trust with the communities we all support.

The Grahame Park and local area young people focus

CCT’s universal youth offer approach continues with local schools and VCSEs; FUSE Youth Project, Youth Realities, The 4Front Project, Art Against Knives and Center of Excellence. Our strength of partnership with Saracens High School and Orion Primary School continues through joint projects and promotion of services to parents/carers and young people. We continue to support NHG’s young people research through Common Vision’s intensive work on the ground to guide the youth strategy and action plan and identifying where our role sits within this.

Coordinated direct grant support to vulnerable residents

The Hendonian Trust has continued to provide grants for CCT and local partners to directly support individuals and families.

£7,500 supported a range of individuals and families (39 adults, 19 children and young people) around their essential and emergency needs over the year. The impact on supporting mental well-being was a key outcome.

(d) To further the economic well-being of residents by supporting the improvement of education, skills, learning and routes to employment;

Volunteering and Work Experience

Over the year we supported 33 local people with volunteering though supporting our projects, and work experience through our reception and administrative work.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Training, learning and routes into employment

Our community prefer face to face learning. This is an area we focus on as a core need to reduce social isolation and decrease anxiety and depression and raise aspirations. Through our community learning partnership, courses, workshops, digital inclusion support, and NHG coordinated ‘Make It Happen’ programme, we supported 1,546 people over the year. As an accredited training centre, we are enhancing much needed training to build the confidence and skills of our community, supporting them into work experience and into employment.

(e) To ensure and encourage clear and accessible information and communication within the community and between agencies.

Grahame Park Communications (previously Strategy) Group (GPCG)

The Trust handed over the chair and coordination to the London Borough of Barnet as all the actions in we could progress were completed. Outstanding areas required leadership from the Council and Barnet Homes for outstanding areas. The GPCG brings together senior leaders with accountabilities against strategic statutory services to support the community, buildings, environment, and support services. The GPCG meet quarterly to review work to date and identify barriers, future needs, and strategic influence actions. The strategic action plan has been aligned to the Neighbourhood Theory of Change Framework’s four key objectives. Over this year the Trust has successfully raised it voice in the inequality of statutory health service provision for the vulnerable community which the Public Health team has acknowledged, with strengthened partnership working to address the gaps. The Trust also raised the poor public environment which the landlord has addressed. CCT is very proud of its achievements in improving the local environment and services to date for the community and continues to play a key Residents Voice and VCSE voice.

CCT are recognised for having a deep understanding and trust of the local community and for sharing data with partners such as schools, services and organisations who approach CCT for support when developing new programmes, identifying the ongoing needs of the local community and through their ability to successfully reach the community. These organisations will be able to support the community through their service provision in line with the Neighbourhood Change Programme, especially addressing the needs before, during and post regeneration plans over the next 20 years.

Colindale Consortium

The Trust chairs and coordinates the Consortium which includes voluntary, community, charitable and statutory providers. Information and communication are regularly shared on all activities, gaps, funding available and reviews of programmes to ensure everyone has the same communications.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Beneficiaries of our services

CCT operates within Grahame Park Estate -Barnet’s largest social housing estate- and surrounding areas in Colindale, Greater London. Despite a 20-year-old regeneration plan, the estate remains in dire need, approx. 550 homes in non-secure tenancies and pervasive deprivation.

Public Health acknowledges systemic inequalities across health, education, employment, and criminal justice systems, disproportionately affecting residents. Ranking among 20% most deprived neighbourhoods in England, 51.8% in bottom 10%. Highly diverse population; 61.3% from minoritised ethnic backgrounds, 27.7% non-native English speakers, and high levels of digital exclusion. Health indicators are dire: emergency hospital admissions significantly above the national average, the lowest life expectancy in the borough, and highest rates of obesity, substance misuse, and mental health issues. Economic challenges are severe: 31% children live in poverty, 42.8% single parent households, 37.6% economically inactive.

These systemic challenges create a cycle of poverty, exacerbating residents' inability to improve their health, wellbeing, or economic prospects. The need for face-to-face services supported by IT is essential and not provided to the detailed support we deliver elsewhere in the borough.

We support a high level of displacement anxiety due to the long-running regeneration programme, with 20 more years ahead. We have also experienced a high level of needs from the locally placed asylum seekers and refugees and work in partnership with specialist services for referrals.

Financial review

During the year, the charity had unrestricted income of £117,975 (2023: £108,038) arising from the hire of community facilities and management of projects, expenditure of £135,162 (2023: £83,523) on support and running costs which resulted in an unrestricted deficit for the year of £17,187 (2023: surplus £24,515).

Restricted income totalled £112,777 (2023: £146,388) consisting of £108,181 (2023: £146,388) in grants towards running costs (treated as donations) and £4,596 (2023: £nil) grants towards charitable activities. Restricted expenditure totalled £131,773 (2023: £155,077) resulting in a restricted deficit for the year of £18,996 (2023: deficit £8,689).

Funds of £9,476 were transferred from restricted to unrestricted funds (2023: £3,179 from unrestricted to restricted funds). £21,500 (2023: £35,000) was transferred from restricted to designated funds. At the year end the charity has unrestricted funds of £145,504 (2023: £153,215), designated funds of £56,500 (2023: £35,000) and restricted funds of £28,178 (2023: £78,150).

Reserves policy

As the Trust develops its income sources, it is the intention to hold an accumulated balance of unrestricted funds (which have not been designated for a specific use) appropriate to the level of the Trust’s running costs equivalent to six months expenditure which the trustees estimate to be £128,000. The Trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue current activities while consideration is given to ways in which additional funds may be raised. As at 31 March 2024 current reserves (excluding designated funds) comprise 6.8 months running costs so we are at the required level.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Financial control

The Trust receives a financial report on a quarterly basis compiled by its treasurer who draws attention to any variances from the budget. The administration of payments is managed by staff in the Colindale Communities Trust in accordance with the Trust's Financial Procedures. The Trust regularly reviews its financial position and cash flow and is confident that it is fully able to meet its liabilities for the next twelve months and beyond.

Plans for the future

Over 2023/24, our one-year funding for a specialist Early Intervention & Prevention Caseworker proved invaluable in addressing interconnected challenges faced by vulnerable residents. This support provided immediate debt assistance, stabilised incomes, mitigated food poverty, prevented utility cut-offs, and averted evictions. By addressing these urgent needs, we enabled residents to shift focus towards improving their health and pursuing long-term goals such as education and employment. Once stabilised, residents engaged with our broader team, accessing additional services such as digital skills training (including NHS tools), employability programs, and connections to trusted local partners for holistic wellbeing support.

Our approach’s core strength lies in transitioning individuals from crisis to resilience by embedding them into sustainable support systems, enhancing their overall quality of life. Recognising the success of this model, we plan to expand our reach to address the needs of both existing and new residents facing crisis situations, and new offers for other identified needs.

A significant milestone ahead is our move into a new community centre, part of a major regeneration project. This move represents a growth opportunity for CCT to foster a cohesive and inclusive community by serving both long-standing residents and newcomers. However, delays in the regeneration process have resulted in increased maintenance costs for our current aging venues. Simultaneously, the funding landscape for small to medium-sized charities, especially in London, has become more challenging due to reduced grant availability, economic pressures, and shifting donor priorities. Many funders are narrowing their focus or closing entirely, exacerbating difficulties for organisations like ours to sustain financial stability amidst rising operational costs and fluctuating income.

To address these challenges, we are revising our five-year Strategy and Fundraising Plan. This plan will guide us in adapting to funding cuts while driving a fairer local society. We aim to transform how we demonstrate impact, open new opportunities for community engagement, and create meaningful connections for all Colindale residents to be part of CCT’s mission.

Our position as a trusted and embedded partner within the local authority and NHS underscores our commitment to exploring commissioning opportunities. By leveraging our leadership within the Colindale Consortium and our Neighbourhood Theory of Change approach, we will continue to amplify the voice of the local VCSE sector. Our track record of improving health and wellbeing in Colindale is built on collaborative relationships with residents, including those often considered "hard to reach." In an area marked by both deprivation and significant regeneration, CCT’s role as a well-established and trusted charity is more critical than ever.

Looking ahead, we will manage the new community centre sustainably, co-producing solutions with residents and advancing our neighbourhood Theory of Change goals. Our plans include developing self-sustaining services and expanding drop-in support to meet diverse community needs.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

The development of the new community centre within the next three years represents a transformational opportunity for CCT. This hub will strengthen our partnerships, expand our networks, and increase our reach, offering a focused and inclusive space to build skills, improve health and wellbeing, and inspire aspirations. CCT is uniquely positioned to help the community navigate the challenges of regeneration, bringing together diverse groups to foster unity and drive social change.

Structure and history
2003 The Wright Community Development Trust (Trust) set up on 17 July 2003 by
Choices for Grahame Park – comprising Genesis and Notting Hill Housing Groups.
The Trust was established to complement the physical regeneration programme
with the delivery of a raft of improvements to the local quality of life and to make
significant strides into tackling the area’s significant social and economic
deprivation.
The Wright Community Trust registered as a company limited by guarantee on 19
December 2003.
2004 The Wright Community Trust is registered as a charity on 20 May 2004. The Trust
has a geographical catchment area of both the Colindale and Burnt Oak wards but
was primarily focused on the Grahame Park Estate and the immediately adjoining
residential areas of Douglas Bader, Adastral Village and Willow Gardens during the
initial period of its life. As regeneration of the wider Colindale area takes shape, the
Trust has been developing its services in this expanded area, particularly in the
new Pulse development behind Colindale Station.
2013 Grahame Park Community Development Group, a charity based in Grahame Park,
transfers its assets to the Wright Community Development Trust on 1 April 2013.
GPCD Group was set up by Barnet Homes out of the SRB Budget which developed
the one stop shop venue and services.
GPCD Group managed the venue and hired it out to services that benefited the
community. The Trust is run by a voluntary board of management, composed of
residents and people drawn from organisations with a strong interest in the
Grahame Park and Colindale area. There is also one co-optee who sits on the board,
a senior local authority councillor.
The Wright Community Development Trust changes its name to Colindale
Communities Trust (CCT) on 29 April 2013.
This decision was driven by residents who wanted the name of the charity to be
more relevant to the local area and community.
2014 Partnership with RAF and Heritage Lottery Fund created a post of Community
Development Manager (local employment) to expand the services and develop the
community flat in Colindale. Started a parent group and held community
celebration events such as summer festivals and Christmas events and delivered
counselling sessions and community events and rented to residents to hold
children’s parties.
CCT established the Colindale Consortium as local organisations and groups
(VCSEs) working locally and supporting residents putting in joint bid and delivering
successful health and wellbeing projects. Employed a local Consortium Coordinator
to take ownership of joint partnership approaches and encouraged people to work
collaboratively.
2015 Support local organisations and residents to be business incubators, with office
space and supporting them to connect to residents and with due diligence, CCT
nurturing and mentoring including ‘The 4Front Project’ began here.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

2016 Undertook a ‘Our Place Project’ Colindale Community asset mapping. Grahame Park
community centre was underused and unloved.
A Chief Executive was recruited to provide leadership and long-term strategy with
growth.
CCT approached Barnet Council to lease the community centre and engage with
residents to co-produce activities starting the health and wellbeing drop-in.
Through working with partners, new groups started to hire the space based on local
needs including cookery classes, community learning, art classes, and CCT found
a commercial hire for weekends to get regular income to cover overheads. This
benefitted one off events such as drama groups, resident groups, and consultation
was on-going to identify local needs.
CCT secured funding to convert one room into an IT suite.
Discussions began about the development of a new community centre in Colindale
and CCT worked with Colindale consortium members, led by the regeneration team
at the council.
Administered Genesis Community Fund supporting 8 VCSE’s to develop / deliver
services.
This year saw a dramatic growth; new website, partnership work, consortium
membership, counselling service, supported volunteers and residents into work
experience and employment, delivered a number of community events, and started
to generate income through hire of its One Stop Shop and Pulse Community Flat to
VCSE’s and local service providers.
2017 Recruited a Health & Wellbeing Coordinator.
Recruited as Caretaker providing local employment.
Delivered a range of comprehensive training courses for volunteers to upskill them
and continued with accredited training for business administration and work
experience.
2018 Started negotiations with the Council to lease the empty Old Library as a
community asset for use by residents.
Coordinated a ‘Universal Youth Offer’ with On The Ball Youth Services, The 4 Front
Project, Youth Realities and Art Against Knives to deliver a consistent trusted
programme to meet the needs of young people and provided a service every day
of the week. Initially funded by NHG and further sustained through a range of
funders including the John Lyon’s Trust for the 8-16 year programme.
Successfully delivered the Grahame Park community festival, on behalf of NHG,
with over 1000 residents attending, 30 residents promoting their services
supported by 20 volunteers.
CCT started the journey of the NHG funded Grahame Park Neighbourhood Theory
of Change programme with residents, VCSE organisations and statutory partners
to identify priority needs and establish a partnership approach for delivery to
maximise impact of services.
Delivered accredited training for residents as Community Teachers, further
employing them to deliver courses.
2019 CCT nurtured and incubated a local resident to set up the FUSE Youth Project (Fun
Unique Social Enterprise CIC) as our in-house delivery partner for 8-16 years youth
provision.
Recruited a Volunteering Coordinator to support our 20 volunteers.
Successfully delivered the Grahame Park community festival for the second year in
a row.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

CCT awarded Atul Pathak Community Group of the Year from the Appt Corporation,
the largest McDonald’s franchise in the UK.
Chris Smith, CCT Treasurer, recognised with Barnet Group Award for Volunteer of
the year (over 25).
CCT received the Barnet & Southgate College’s Community Partner of the Year for
its arts & culture partnership alongside RAF Museum, Notting Hill Housing Group,
Barnet & Southgate College.
Started a long-standing partnership with Hendonian Trust providing crisis funds to
individual residents.
2020 CCT received an award fromLondon Borough of Barnet for Outstanding Service to
the Community.
Anthony Quelch (Caretaker at CCT) receives Barnet Group Award for Volunteer of
the year (under 25).
During Covid the CCT team volunteered within the local community and supported
via phone calls to vulnerable residents. CCT reopened mid lockdown to residents,
and developed a hybrid way of supporting, providing services remotely to residents.
2021 The Old Library was refurbished, and Colindale Communities Trust moved into this
new site and continues to manage the Pulse community flat, their original one stop
shop and the community centre. CCT manages and maintains 4 community assets.
Recruited a Triage Receptionist to be the front facing support for CCT, providing
local employment.
Started an intense face to face community research training and employing local
residents as community researchers.
Nurtured and mentored the development of Center of Excellence as a C.I.C.
established to support the needs of the hard-to-reach high concentration of Somali
community.
2022 Brought cleaning in-house by recruiting a CCT cleaner reducing outsourced service
and providing local employment.
Became an official Warm Space and volunteer-led digital support drop-in venue.
Received Dementia friendly accreditation for our community venues.
2023 Recruit an Early Intervention & Prevention Caseworker and partnership with LBB
revenues and benefits.
Deliver a research project on Access to Health Services for NHS/Inclusion Barnet
CCT write a new business plan ahead of the new community centre being built by
NHG.
Trustees and CCT come together on a trustee awayday and agree new strategic
pillars and an action plan.
2024 Recruited an Engagement & Activities Coordinator to enhance our delivery.
Supported the procurement of Barnet Homes regeneration contractors for North of
estate.
Amplified the benefits of the Metropolitan Police’s Clear Hold Build Initiative on
Grahame Park as key voice representing the community.
Hosted the ‘Made in Grahame Park – keeping it local’ community event bringing
locally led festivities back.
Hosted a Silver Week evet offering taster sessions for CCT activities for over 55’s.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Governance and management

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. Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 31 March 2024 was nine. The trustees are members of the charity, but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

All trustees give their time voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 11 to the accounts.

When recruiting trustees, the Board takes into account, to the extent the Board considers it practicable to do so, the need for new trustees to contribute to the skills mix and balance of the Board. Alongside "stakeholder" trustees amongst whom there will be a co-opted representative from LB Barnet, there are currently five "resident" trustees on the board.

Date appointed as Date appointed Date resigned
Trustees/directors trustee as director
Christopher Smith 17-07-2003 13-04-2004
Gill Sargeant 26-08-2005 26-08-2005
Karen Whitting 09-12-2014 09-12-2014
Sherine McFarlane 06-01-2016 06-01-2016 18-10-2024
Carol Jackson 11-05-2016 11-05-2016
Keith Balcombe 11-05-2016 11-05-2016
Sean Wellington 10-07-2019 10-07-2019
13-11-2024
Tim Mulvenna 15-11-2023 15-11-2023 10-07-2024
Magali Peyrefitte 15-11-2023 15-11-2023
Nicola Theron 13-11-2024 13-11-2024
Date appointed as Date appointment
Co-optees co-optee ceased
Ross Houston 24-05-2022
Anne Clarke (deputy) 24-05-2022 05-04-2024
Andreas Ioannidis (deputy) 13-11-2024
Elliott Sweetman 13-11-2024
Sarah Connelly 13-11-2024
Sarah Pearce 13-11-2024
Date appointed Date resigned
Secretary as secretary
Karen Whitting 09-12-2014

Gill Sargeant, Chris Smith, and Karen Whitting retire by rotation at this year’s Annual General Meeting in accordance with the Articles of Association and, all being eligible, offer themselves individually for re-election.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Trustee induction and training

New Trustees are offered an induction which includes familiarisation with the demographic and socio-economic characteristics of Colindale and details of the regeneration proposals for the Area. The role and responsibilities of a Trustee and relevant Charity law is explained to new Trustees by the Trust's Chief Executive as well as the more specific charitable objectives of the Trust. A skills audit is conducted from time to time to identify the specific contribution each Trustee can make to the Trust and identify any gaps for future recruitment, as well forming part of the induction process.

Related parties and relationships with other organisations

Gill Sargent is also a councillor of LB Barnet. Ross Houston (co-opted from May 2022), Anne Clark (co-opted as a deputy from May 2022 to April 2024) and Andreas Ioannidis (co-opted as a deputy from April 2024) (are also councillors of LB Barnet. Sherine McFarlane worked for Notting Hill Genesis who provide funding through their organisation to the Trust for our charitable purposes.

Remuneration policy for key management personnel

The organisation is led by the Chief Executive supported by the Community Development Manager, and up to April 2023 a full-time Caretaker. The part-time Early Intervention & Prevention Caseworker joined the team in March 2023 to March 2024, a full-time Engagement & Activities Coordinator joined the team in March 2024. Currently in post are a Triage Receptionist and an in-house Cleaner. The CEO and Community Development Manager manage the core staff team, including facilities and communications. Strategic level decisions are taken by the Board of Trustees, with the day-to-day operational decisions delegated to the Chief Executive. The Trust’s Officers review staff remuneration annually. Salaries for any new posts are recommended by the Chief Executive to the Officers for review and approval, after an independent assessment/benchmarking where required.

Risk management

The Trustees regularly review and consider the risks to which the Trust could be exposed (operational, financial, governance etc.) analysing and prioritising them in terms of potential impact and likelihood of occurrence and identifying means of mitigating the risks identified.

Funds held as custodian trustee on behalf of others

The charity does not have any custodian trustees. No Trustees held title to property belonging to the charity during the reporting period or at the date of approval.

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Colindale Communities Trust (CCT) Trustees’ Annual Report for the year ended 31 March 2024

Statement of responsibilities of the trustees

The trustees (who are also directors of Colindale Communities Trust for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that 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.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

The trustees’ annual report has been approved by the trustees on 20 December 2024 and signed on their behalf by:

Nicola Theron

Chair

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Colindale Communities Trust (CCT) Independent Examiners Report for the year ended 31 March 2024

I report on the accounts of the charity for the year ended 31 March 2024 set out on pages 17 to 29.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner’s statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

  1. which gives me reasonable cause to believe that, in any material respect, the requirements:

  2. to keep accounting records in accordance with section 130 of the Charities Act; and

  3. to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act

have not been met; or

  1. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Adrian Phillips FCA Arlo Accountancy Limited 107 Valley Road Stockport SK4 2DB

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Colindale Communities Trust (CCT)

Statement of Financial Activities (including Income & Expenditure account)

for the year ended 31 March 2024

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
242
Charitable activities:
4
113,246
Investments
5
4,487
Total income
117,975
Expenditure on:
Raising funds
6
3,557
Charitable activities:
7
131,605
Total expenditure
135,162
9
(17,187)
Transfer between funds
9,476
Net movement in funds for the year
(7,711)
Reconciliation of funds
Total funds brought forward
21
153,215
Total funds carried forward
21
145,504
Net income / (expenditure) for
the year		 Designated
funds
£
-
-
-
-
-
-
-
-
21,500
21,500
35,000
56,500		 Restricted
funds
£
108,181
4,596
-
112,777
20,400
111,373
131,773
(18,996)
(30,976)
(49,972)
78,150
28,178		 Total funds
2024
£
108,423
117,842
4,487
230,752
23,957
242,978
266,935
(36,183)
-
(36,183)
266,365
230,182		 Unrestricted
funds
£
10,229
97,589
220
108,038
2,452
81,071
83,523
24,515
(38,179)
(13,664)
166,879
153,215		 Designated
funds
£
-
-
-
-
-
-
-
-
35,000
35,000
-
35,000		 Restricted
funds
£
146,388
-
-
146,388
19,924
135,153
155,077
(8,689)
3,179
(5,510)
83,660
78,150		 Total funds
2023
£
156,617
97,589
220
254,426
22,376
216,224
238,600
15,826
-
15,826
250,539
266,365

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

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Colindale Communities Trust (CCT) Company number 5000069

Balance sheet as at 31 March 2024

Note 2024 2023
£ £ £
Current assets
Debtors 14 62,825 47,314
Short term deposits 15 50,000 50,000
Cash and cash equivalents 16 130,467 176,827
Total current assets 243,292 274,141
Liabilities
Creditors: amounts falling
due in less than one year 17 (13,110) (7,776)
Net current assets 230,182 266,365
Total assets less current liabilities 230,182 266,365
Net assets 230,182 266,365
The funds of the charity:
Restricted income funds 19 28,178 78,150
Unrestricted income funds 20 145,504 153,215
Designated income funds 20 56,500 35,000
Total charity funds 21 230,182 266,365

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and in accordance with FRS102 SORP, and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 19 to 28 form part of these accounts.

Approved by the trustees on 20 December 2024 and signed on their behalf by:

Chris Smith Treasurer

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024

1 Accounting policies

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a

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) issued in October 2019 - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Colindale Communities Trust (CCT) meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The financial statements are prepared in sterling which is the functional currency of the charity and rounded to the nearest £ sterling.

b

Judgements and estimates

The trustees do not consider that there are sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

c Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

d Income

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 ‘capital’ grants or ‘revenue’ grants, 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.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

e Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

f

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.

g

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 charity’s work or for specific projects being undertaken by the charity.

h

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:

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

i

Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

j Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis.

There are currently no capitalised assets.

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

k 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.

l Short term deposits

Short term deposits includes investments with a maturity of more than three months from the date of acquisition or opening of the deposit or similar accounts.

m Cash and cash equivalents

Cash and cash equivalents includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

n Creditors and provisions

Creditors and provisions are recognised where 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 measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

o Financial instruments

The charity 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.

p Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 10. There were outstanding contributions of £736 (2023: £603) at the year end which were paid over in April 2024. The costs of the defined contribution scheme are included within charitable activities, support and governance costs and allocated to funds in line with the area the employee is funded.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

3 Income from donations and legacies

Grants:
Genesis Housing Group
London Borough of Barnet
Power to Change
Hendonians
Barnet & Southgate College
Young Barnet Foundation
Inclusion Barnet
Hubbub Foundation
Arnold Clark Automobiles
National Lottery
Age UK
Home Group
Claremont Communications
Various small donations
Total		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
242
242		 Restricted
£
60,000
12,333
-
7,500
-
1,000
641
1,000
-
14,800
1,083
7,500
2,000
324
108,181		 Total 2024
£
60,000
12,333
-
7,500
-
1,000
641
1,000
-
14,800
1,083
7,500
2,000
566
108,423		 Unrestricted
£
-
-
-
-
-
4,092
6,000
-
-
-
-
-
-
137
10,229		 Restricted
£
78,390
39,877
10,000
5,300
2,465
4,908
1,000
3,000
1,000
-
-
-
-
448
146,388		 Total 2023
£
78,390
39,877
10,000
5,300
2,465
9,000
7,000
3,000
1,000
-
-
-
-
585
156,617

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

4 Income from charitable activities

Grants:
Genesis Housing Group
Barnet & Southgate College
Insurance claim
Hire Charges
Other income
Total
5
Investment income
Interest received
6
Cost of raising funds
Support costs		 Unrestricted
£
-
-
-
113,246
-
113,246
Unrestricted
£
4,487
4,487
Unrestricted
£
3,557
3,557		 Restricted
£
3,360
704
532
-
-
4,596
Restricted
£
-
-
Restricted
£
20,400
20,400		 Total 2024
£
3,360
704
532
113,246
-
117,842
2024
£
4,487
4,487
2024
£
23,957
23,957		 Unrestricted
£
-
-
-
97,239
350
97,589
Unrestricted
£
220
220
Unrestricted
£
2,452
2,452		 Restricted
£
-
-
-
-
-
-
Restricted
£
-
-
Restricted
£
19,924
19,924		 Total 2023
£
-
-
-
97,239
350
97,589
2023
£
220
220
2023
£
22,376
22,376

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

7 Analysis of expenditure on charitable activities

Community Development
Community facilities
Restricted expenditure
Unrestricted expenditure
8
Analysis of governance and support costs
Basis of
apportionment
Support Costs
Time spent
Staff costs
Time spent
Audit fees
Governance
Basis of
apportionment
Support Costs
Time spent
Staff costs
Time spent
Audit fees
Governance
9
Net income for the year
This is stated after charging/(crediting):
Support costs (see note 8)
Comparative period
Independent examiner's fee
Governance costs (see note 8)		 Support
£
9,961
57,022
-
66,983
Support
£
6,865
82,006
-
88,871
2024
£
1,200		 Total 2024
£
94,376
71,535
10,084
66,983
242,978
2024
£
111,373
131,605
242,978
Governance
£
724
8,160
1,200
10,084
Governance
£
503
7,970
1,200
9,673
2023
£
1,200		 Total 2023
£
50,318
67,362
9,673
88,871
216,224
2023
£
135,153
81,071
216,224
Total 2024
£
10,685
65,182
1,200
77,067
Total 2023
£
7,368
89,976
1,200
98,544

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

10 Staff costs

Staff costs during the year were as follows:

Wages and salaries
Social security costs
Pension costs		 2024
£
164,471
16,221
3,234
183,926		 2023
£
158,977
16,356
2,894
178,227

One employee has employee benefits in excess of £60,000 (2023:one). See below.

The average number of staff employed during the period was 5.2 (2023: 5.1).

The average full time equivalent number of staff employed during the period was 3.5 (2023: 4.3).

The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £71,637 (2023: £69,550).

11 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration during the year (2023: Nil).

One (2023: one) member of the management committee received reimbursement of expenses incurred during the year on behalf of the charity of £13 (2023:£13).

Aggregate donations from related parties were £Nil (2023: £Nil).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2022: Nil).

12 Government grants

The government grants recognised in the accounts were as follows:

London Borough of Barnet 2024
£
12,333
12,333		 2023
£
39,877
39,877

13 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

14 Debtors

Grants receivable
Trade debtors
Other debtors
Prepayments and accrued income
15
Short term deposits
Short term bank deposits
16
Cash at bank and in hand
Cash at bank and in hand
17
Creditors: amounts falling due within one year
Other creditors and accruals
Deferred income (see note 18)
18
Deferred income
Deferred income brought forward
Released to income from charitable activities
Income received (net)
Deferred income carried forward		 2024
£
22,800
12,956
18,500
8,569
62,825
2024
£
50,000
50,000
2024
£
130,467
130,467
2024
£
5,711
7,399
13,110
2024
£
4,598
(4,598)
7,398
7,398		 2023
£
9,180
13,092
16,998
8,044
47,314
2023
£
50,000
50,000
2023
£
176,827
176,827
2023
£
3,178
4,598
7,776
2023
£
1,000
(1,000)
4,598
4,598

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

19 Analysis of movements in restricted funds

Fairview/other staff
CEO
Core staff
Health & wellbeing
Volunteering
Wellbeing Researchers
Media & IT
Training
Power to Change
Space2Grow
Community fridge
National Heritage Lottery
Other
Total
Fairview/other staff
CEO
Health & wellbeing
Volunteering
Wellbeing Researchers
Youth projects
Media & IT
Training
Community responders
Power to Change
Space2Grow
Community fridge
Other
Total
Comparative period		 Balance at
1 April
2023
£
13,644
16,416
-
2,531
15,007
9,756
301
2,691
10,000
4,908
547
-
2,349
78,150
Balance at
1 April
2022
£
17,459
21,113
1,803
15,119
9,756
1,655
2,045
2,935
-
-
-
-
11,775
83,660		 Income
£
4,400
60,000
15,300
3,560
-
-
-
-
-
-
1,000
14,800
13,717
112,777
Income
£
14,137
75,000
4,600
-
-
208
-
2,465
23,040
10,000
4,908
3,000
9,030
146,388		 Expenditure
£
(20,257)
(81,601)
-
(3,809)
(428)
(2,479)
-
(3,100)
-
(4,895)
(105)
(3,790)
(11,309)
(131,773)
Expenditure
£
(47,862)
(79,697)
(3,872)
(112)
-
(1,863)
(1,777)
(2,709)
-
-
-
(453)
(16,732)
(155,077)		 Transfers
£
2,213
5,185
(15,300)
1,609
-
(7,277)
(301)
409
(10,000)
(13)
(1,442)
(2,850)
(3,209)
(30,976)
Transfers
£
29,910
-
-
-
-
-
33
-
(23,040)
-
-
(2,000)
(1,724)
3,179		 Balance at
31 March
2024
£
-
-
-
3,891
14,579
-
-
-
-
-
-
8,160
1,548
28,178
Balance at
31 March
2023
£
13,644
16,416
2,531
15,007
9,756
-
301
2,691
-
10,000
4,908
547
2,349
78,150

Name of restricted fund

Fairview/other staff

Description, nature and purposes of the fund

Fairview Homes/London Borough of Barnet/other funders - towards supporting a range of community development initiatives and support to the community.

CEO

Notting Hill Genesis Housing Group charitable fund - salary and on-costs for a CEO to develop strategic and operational delivery of CCT's work.

Core staff

Funding for core staff.

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

19 Analysis of movements in restricted funds, continued

Notting Hill Genesis Housing Group charitable fund - project funding to Health & wellbeing develop and deliver a range of health and wellbeing programmes for the community. National Lottery and other funders - to develop and deliver a range of programmes on behalf of the community, and to support skills Volunteering development, volunteering, work experience and employment journey for local people. Notting Hill Genesis Housing Group charitable fund - operational and Wellbeing Researchers management to deliver community research projects. Media & IT Notting Hill Genesis, London Borough of Barnet - to provide broadband and internet for the IT suite and the Old Library for training purposes. Training Barnet & Southgate College/various funders to support training courses. Power to change - to support cost of living impact on charity core delivery Power to Change and support utilities and energy improvements. Young Barnet Foundation - to support youth delivery through FUSE Space2Grow partnership. Hubbub Foundation - to establish community fridge to support cost of living Community fridge needs of the community. National Heritage Lottery Local history project Small donations and grants (Hendonians Trust, London Borough of Barnet Other and others) for restricted purposes to support the community.

20 Analysis of movement in unrestricted funds

Designated fund
Designated fund
General fund
Current reporting period
Comparative period
General fund		 Balance
at 1 April
2023
£
153,215
35,000
188,215
Balance
at 1 April
2022
£
166,879
-
166,879		 Income
£
117,975
-
117,975
Income
£
108,038
-
108,038		 Expenditure
£
(135,162)
-
(135,162)
Expenditure
£
(83,523)
-
(83,523)		 Transfers
£
9,476
21,500
30,976
Transfers
£
(38,179)
35,000
(3,179)		 As at 31
March 2024
£
145,504
56,500
202,004
As at 31
March 2023
£
153,215
35,000
188,215

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Colindale Communities Trust (CCT)

Notes to the accounts for the year ended 31 March 2024 (continued)

20 Analysis of movement in unrestricted funds (cont)

Name of unrestricted fund Description, nature and purposes of the fund

General fund The free reserves after allowing for all designated funds Designated fund Funds set aside for community development officer costs.

21 Analysis of net assets between funds

Net current assets/(liabilities)
Total
Comparative period
Net current assets/(liabilities)
Total		 General
fund
£
145,504
145,504
General
fund
£
153,215
153,215		 Designated
funds
£
56,500
56,500
Designated
funds
£
35,000
35,000		 Restricted
funds
£
28,178
28,178
Restricted
funds
£
78,150
78,150		 Total 2024
£
230,182
230,182
Total 2023
£
266,365
266,365

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