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2023-04-30-accounts

IMPACT REPORT Year ended: 30 April 2023 GLOBE COMMUNITY PROJECT

Contents

01 Message from our Chair 4
02 Our mission 6
03 Our aims 6
04 Statement of public benefit 7
05 Impact summary 8
06 Take Back Your Life 10
07 Touching Safe Ground 14
08 Wellbeing for Over 60s 17
09 How we measure our impact 20
10 Your support, and how we used it 21
11 Thank you 23
12 Financial statements 24
13 Financial review 34
14 Reserves and risk management 35
15 Governance and management 36
16 Report of the Independent Examiner 38

3

01 Message from our Chair

I decided to volunteer as a trustee for Globe Community Project to share my skills as a Civil Servant with an organisation that serves to improve the quality of life for the most isolated in Tower Hamlets. Since taking over as Chair, I have been able to engage more deeply and learn more about issues facing Globe Community Project’s beneficiaries. I give many thanks to the previous Chair, AnneMarie Irwin, for her dedication to the charity, its beneficiaries, and the board of trustees during her five years of service.

under the Wellbeing for Over 60s project, at the request of participants who wanted to go deeper, explore the wellbeing tools and positive transformation they had already experienced, cover new areas and deepen connections with one another.

Delivering specialist support to three different groups on a modest budget was made possible by building on partnerships with Poplar Harca, St Paul’s Way Community Centre, Zaccheus Centre, Bromley By Bow Centre, St Hilda’s Community Centre, the Sundial Centre, Mission Practice GP surgery, and Mindfulness in Action. The charity learned from each organisation, and looks forward to continuing these supportive relationships.

It has been an extremely positive year for Globe Community Project, and I’m delighted to report significant progress and impacts on many fronts.

Our charity exists to benefit local Tower Hamlets residents, and we reached 300 people this year, of whom 228 received in-depth longterm support, showing a 26% increase on last year’s reach. To see the difference our work made to people in the borough, check our impact summary on page 8, or take a look at each project to meet some of the people we worked with.

Alongside project delivery, Globe Community Project made time for tea, cake and inspiration at our Make It Happen event, where 40 stakeholders gathered at Cranbrook Community Centre to share ideas for the charity, and tell us what inspires them. Globe Community Project then commissioned a local needs assessment to find out what Tower Hamlets needs most, where the gaps are, and how the charity can help.

This year the charity focused on improving delivery and reaching more beneficiaries, while working to proactively respond to their needs. Take Back Your Life, a project responding to health inequalities, experimented with hybrid courses that allow people to attend virtually or in-person, which was supportive for participants learning to manage chronic pain and illness. The project organised several group trips as requested by participants, and was selected as a finalist at the Innovation in Mindfulness Awards. The Touching Safe Ground project reached more refugee and migrant women than previous years, as well as many of their infant and school-aged children. Building on the initial pilot last year, the charity ran a regular crèche to support attendance of mothers, while increasing the nature connection and local orientation aspects of the service, holding outdoor sessions in Victoria Park, Bethnal Green Nature Reserve and Spitalfields City Farm. Globe Community Project developed a new Level 2 course

This year Globe Community Project held our biggest fundraising event ever, joining with local businesses and all our supporters to take the Big Give Christmas Challenge. The charity raised £7,466, with donations from 74 people and support from 7 local businesses; Estateology, Gail Smith Flowers, Face Lace make-up art, financial search tech company Gresham, law firm Rook Irwin Sweeney, Fuckoffee and Look Property.

The board of trustees continued to improve the charity’s operations and effectiveness, while ensuring our ethical standards are put into practice. This was the second year as a Living Wage accredited employer, and the board also held a pay and pay policy review. The charity continued to receive probono support from global law firm Dentons, ensuring our HR policies and procedures are compliant, and began preparing our strategy for 2023-2026.

After completing a skills audit of current board members, the charity executed our Expand and Diversify Strategy, completing an energising process with Tower Hamlets Minority Ethnic Trustees programme which led to four new appointments, while welcoming two further trustee appointments via other routes.

support this year, with two regular volunteers supporting fundraising and finances, and four Touching Safe Ground volunteers continuing to support newly-arrived refugee and migrant women.

Whether you are someone who took part in our projects, somebody who helped them to happen through your skills, time, grants or donations, or you just want to know more about what’s happening in Tower Hamlets, thank you for your interest in our work.

After saying goodbye to our Communications Officer Jess Baxter and wishing her well with her Assistant Curator role at Tate Modern, Globe Community Project appointed Tara Pollitt, who re-joins us alongside her work at the London Buddhist Centre. In March the charity said goodbye to Marcy Man Hong Yuen, who provided freelance assistance with our finances for several years. Globe Community Project thanks Marcy for her service. The charity has benefited from fantastic volunteer

Lily Wong Le

Chair of the Board of Trustees

4

5

02 Our mission

04 Statement of public benefit

To transform loneliness into connection among isolated communities in and around Tower Hamlets.

03 Our aims

To promote the benefit of local people , by involving them in a common effort to enhance education, and to provide facilities in the interest of social welfare, recreation and leisure occupations, with the object of improving the quality of life for those in the local area.

To provide access to a wide range of cultural, educational, physical, social and artistic activities that will act as a vehicle and motivator to develop actual and transferable skills for people of all ages from childhood up.

To encourage interaction among people of different ages and social and ethnic groups within the community through the medium of arts and other activities and to encourage the growth of the imagination, self-expression, clear communication and health and wellbeing of participants.

The broad objects of the charity as stated in our governing document are: “To promote the benefit of the inhabitants of Globe Town, Tower Hamlets and surrounding areas, by associating together with inhabitants and sometimes including the local authorities, voluntary and other organisations, in a common effort to enhance education and to provide facilities in the interests of social welfare, recreation and leisure occupation, with the object of improving the conditions of life for the said inhabitants.”

Take Back Your Life responds to health inequalities in the borough and high levels of poor physical and mental health among disadvantaged communities.

Touching Safe Ground responds to social isolation, disorientation and low wellbeing experienced by newly-arrived women migrants and asylum seekers.

Wellbeing for Over 60s is designed to enhance support for the high proportion of older residents in our borough who experience social isolation, poor mental health or low wellbeing.

Our projects are designed to respond to some of the most pressing needs in Tower Hamlets, and provide access to social connection alongside specialist, tailored wellbeing education, providing long term support and new skills to manage and enhance their personal and social wellbeing.

In setting our objectives and planning our activities, our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit.

6

7

05 Impact Summary

Our impact

300

people reached

228

received in-depth support of between 6 and 58 support sessions

After our pain management courses this year:

----- Start of picture text -----
100%
----- End of picture text -----

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93%
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----- Start of picture text -----
80% 57%
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felt less alone

can better have more skills manage their to manage their pain and illness pain or health condition

experienced reduced pain interference

----- Start of picture text -----
70%
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After the Mindfulness Champions programme:

saw increased confidence to share skills with others

Safe space for refugee & migrant women

87 refugee and migrant women and children supported

Bringing joy, friendship and new skills to lonely older people

34 older people at risk of loneliness and isolation supported

----- Start of picture text -----
96% 89% 84%
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improved their felt more confidence, resilience and physical and agency mental health

were better oriented, and felt more belonging

Relief and practical tools to live well with chronic pain and illness

After Level 1 course:

----- Start of picture text -----
88% 75% 72% 50%
tried new felt less had better wellbeing, had improved skills
behaviours isolated and self-esteem and sense and confidence to
lonely of personal control form bonds with
over their lives other older people
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had improved skills and confidence to form bonds with other older people

After Level 2 course:

----- Start of picture text -----
100% 92% 83%
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understood their emotional life better and had practical tools to calm down

felt better able to appreciate the good things in life

felt more able to turn towards death and dying, and discuss it with others

9

8

06 Take Back Your Life

Overview

Reported benefits include:

Take Back Your Life provides pain management courses in the local community, giving participants tools, knowledge and skills to live well with chronic pain and illness. It is inclusive of people with lower incomes and different levels of English language and literacy skills, and offered free of charge.

Who we helped

107 Tower Hamlets residents suffering from chronic pain and illness. Participants were from diverse backgrounds including Indian, White British, Bangladeshi, African, Caribbean, Pakistani, German, Greek, Italian and Chinese.

Successes

Course attendance averaged 86%

What we delivered

• 3 x 6-week courses

Finalist in the Innovations in Mindfulness Award

Subject of a 5-minute docushort by Awake Academy

Our impact

Over four years of operation, this programme has achieved significant results:

----- Start of picture text -----
100% 93% 80% 80% 57%
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felt less alone

were better experienced able to less pain manage their catastrophising pain or health condition

enjoyed saw a their life reduction more in pain interference

Case study

A is a single mum of four children, referred by social prescribers at the Bromley By Bow Centre. She suffers from chronic pain due to wear and tear in the spine, severe neck pain, as well as back pain and stiffness. She also has plantar fasciitis, diabetes, cholesterol and blood pressure problems.

“The first session was brilliant… I did enjoy Hayley and Jeanette’s voices. I felt safe with them. I learned from the course that you don’t have to push yourself. I learned how to accept my condition and pain. Because I’m a single parent, I always put myself in the back. At the end of the day I feel rubbish and in pain… then I’m hiding it and taking pain medication, four times a day. This course taught me it’s ok to take a break and put yourself first; I’ve never done any of that. I’ve learnt you don’t always have to be in the fast lane - thinking that dinner has to be ready, the house has to be clean. I’ve always rushed rushed rushed, felt guilty about being bed-bound and felt emotionally weak, because I couldn’t be Mum. The course taught me: No! It’s ok! You can let go, you can take time out, you need to heal yourself. I know the course is only 6 sessions but it taught me a lot. My children say “Mum, you seem a bit happier.” Now whenever I get stressed I go into my bedroom and close the door - I’d never done that before.”

Funders

London Borough of Tower Hamlets, Local Community Fund Faith Action Network

10

11

Awake Academy filming Take Back Your Life

This course did what it said on the tin - it gave me my life back. And now I want to put that into action - we need to continue.”

Mumtaz

“Since I’ve been feeling a bit better about pain I’ve been able to cycle or rollerskate a bit. Before I just stayed home. Now I know it’s there but I want to enjoy these things.”

Participant

“I feel more connected with others. In the Monday group - everyone knows what it’s like to have pain and feel a degree of debilitation. We understand each other and there is no judgement.”

Raphaella

“Before I was so depressed. Now I feel really relaxed, my shoulder pain is gone, and in my chest I feel better. It’s given me more energy.”

Kalpana

“One thing I used recently is pacing. I hadn’t hoovered for a long time and I could see things in the carpet. I only did the corridor and kitchen and thought the rest I will do tomorrow… I left the hoover out to remind me and I did the rest the next day. Pacing is very very good.”

Maria

12

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Gentle bodywork session for participants
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07 Touching Safe Ground

Overview

Who we helped

Touching Safe Ground provides newlyarrived refugee and migrant women who have suffered trauma with wellbeing and English language tools. Our weekly service provides trauma-informed yoga integrated with English language learning, providing a safe space for rest, care, social connection and learning, supported by a creche for mums.

We supported 65 women, 15 school-aged children and 7 infants. Three quarters of the women were asylum seekers with experience of fleeing war, gender-based violence and/or multiple human rights abuses. About half were single mums, some had been trafficked as sex workers, and others exploited by traffickers on their way to the UK. Most had sustained injuries on the journey.

What we delivered

• 6 outdoor mindfulness sessions at Victoria Park • Accompaniment from the hostel to sessions • Coordinated donations of food, clothing, Christmas cards and gifts

Case Study

Outstanding impact data shows this project is having strong impact and meeting its objectives:

When F joined the group she was suffering severe postnatal depression, spoke very little English, and spent most of her days in bed in the hostel. After she’d attended over 15 sessions, we wanted to find out how she was doing, and asked her some questions.

99% of women report improvements in confidence, physical and mental health

99%

84% report increased orientation and belonging

84%

What stresses you out?

83% 83% report improved English

“High blood pressure, sudden fear, angry, hot mood, ill, sad.” She later added: “children, husband, Home Office.”

Took part in East London Business Association’s Christmas Toy Appeal for the first time, providing gifts and cards for the children

How do you take care of yourself?

“I go to walk to take care my body, I meet with family members, I need to take more care of my mind and hair, I can do this by eating fruits, water, yoga, counselling, walk, resting.”

Partnered with the local Coop on Cambridge Heath Road to provide more nutrition support for the women

How do you feel after class?

“Before yoga today, I feel ok. After yoga I feel great.”

Emergence Foundation The National Lottery Community Fund

14

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Dedicated nursery allows mums to attend
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Easter egg hunt
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“Before my resilience was poor, now I have some friends and day-to-day this kind of confidence is going up.”

(Name protected)

I’ve had a headache and pain in my body for 12 years and now it’s gone.”

(Name protected)

“I learnt a lot of things. Especially feelings on others and I am not the only one struggling.”

(Name protected)

“All the GPs want to refer to the class.”

Link worker, Mission Practice GP surgery

08 Wellbeing for Over 60s

Overview

Who we helped

This project supports isolated older people at risk of loneliness with six-week wellbeing courses. Participants explore later life’s benefits and disadvantages, how to manage negative thoughts, and get the chance to socialise, while building skills to develop and maintain connection, including active listening, boosting self-esteem and sharing stories.

34

older people at risk of loneliness and isolation

22

Ages ranged between

were ‘new graduates.’

52 and 92

Age*: Late 50s: 3 Sixties: 15 Seventies: 12 Eighties: 0 Nineties: 1 Unknown: 3

Participants faced a combination of factors linked to loneliness including low income, disability, sensory impairment, mobility issues, chronic illness, mild mental illness, bereavement, widowhood, and living alone.

Case Study

“We are many of us, lonely people – we just want to talk to other people. This course gave me some hope. I was a little bit apprehensive to begin with, because I didn’t actually know what was going to happen. I wanted to improve, I think we all do. I’ve been on my own for a long time, so it was helpful to me being in a group because I’m actually on my own, I have no help, I have no support. So just talking to people, people like me, was beneficial. Overall, it did work. Geoff, 62 years old.”

Gender*: Female 27 Men 7

*Collected data on 34 people.

16

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Felicia and Irene
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What we delivered

20 sessions

01 feedback and co-design session

Our impact

Of all those taking part so far, we were able to gather pre- and post-intervention data for 28 people. Based on this data:

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95% 86% 20%
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of participants reported better wellbeing during this 3-year programme.

attended 3 or more of their 6 sessions, despite multiple barriers to attendance

went on to join the alumni programme, supporting new participants

Funders

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Successes
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The Charity of Sir Richard Whittington, The National Lottery Community Fund

Developed and piloted a Level 2 course in response to participant feedback

Included outdoor nature connection activities at participant’s request

88% of those accessing Level 2 had 88% tried new behaviours since Level 1 100% of those taking the Level 2 course 100% were keen to take their skills further

“I feel lighter, not so ‘in my head’ all the time. More able to cope with how my life actually is. I have learned to make small changes in my life which make it easier.”

“I made friendships “I learned how to that are still going… change a habit, which and I’m going out I really need to do, more, communicating and how our thoughts more and sticking to are not always right. things more.” To be confident.”

Sharon

Mary

Nicole

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Growing seeds together
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09 How we measure our impact

We don’t calculate data on what academic course providers call ‘retention,’ as this would be a poor measure of impact or outcomes when working with participants facing multiple barriers to attending sessions. For example, at times a newly-arrived woman seeking asylum may need to care for a child or sick relative, attend health and immigration appointments, or feel too disoriented and overwhelmed to leave her accommodation. But despite missing a session or two, she continues to attend. Isolated older participants often have sensory impairments, disabilities, and health appointments which can hamper attendance. Likewise, those suffering chronic pain and illness often have health appointments as well as physical and mental health issues which act as further barriers.

To measure our impact we use a combination of methods :

10

Your support, and how we used it

How you gave

2023 Total £85,621

Trusts & foundations £33,320

Government & public institutions £38,047

Donations £10,186

Rental and other income £2,923

HMRC Gift Aid £1,145

2022 Total £75,459

Trusts & foundations £30,692

Government & public institutions £26,373

Donations £12,325

Rental and other income £2,406

HMRC Gift Aid £3,699

20

21

How we used the money

2023 Total £97,276

Staff costs: £20,533 Project delivery: £49,228 Direct project costs: £8,269 Monitoring & evaluation: £1,440

Administration & finance: £2,830 Governance: £896

Research & development: £1,560 Office rent & costs: £8,172 Fundraising*: £4,348

2022 Total £87,396

Staff costs: £11,183 Project delivery: £52,124 Direct project costs: £4,670 Monitoring & evaluation: £2,246

Administration & finance: £2,506 Governance: £1,966

Research & development: £0 Office rent & costs: £10,539 Fundraising*: £2,162

11 Thank you

For being part of the local community and uniting to create positive change for the people who need it most.

To the trusts, foundations and institutions which have generously supported us this year:

To each of our individual supporters. Your donations not only provide the material support to keep our work going, but they show we are not alone in our vision, and that the desire to see more and more connection, creativity and cohesion inspires you too.

To Anna Chabrelie and Esther Langdon of Dentons law firm, for your expert guidance in ensuring that various aspects of our operations are compliant.

To St Margaret’s House for being so much more than the building which houses our office. We greatly appreciate all the opportunities for networking, support and friendship.

To our designer Alex Keating for helping us communicate the impact of our work - and make it look beautiful.

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23

12 Financial statements

Globe Community Project

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 30 April 2023

Note
Income from:
2
3
4
4
5
Reconciliation of funds:
13a
Note
Income from:
2
3
4
4
5
Reconciliation of funds:
13b
Total funds carried forward
Net income/( expenditure) for the
year
Charitable activities
Total funds brought forward
Current year
Donations
Charitable activities
Other trading activities
Grants
Raising funds
Total expenditure
Charitable activities
Total income
Expenditure on:
Net expenditure for the year
Total funds carried forward
Prior year
Other trading activities
Total income
Expenditure on:
Total expenditure
Total funds brought forward
Donations
Charitable activities
Grants
Raising funds		 Unrestricted
general fund
£
11,331
8,501
2,923
22,755
4,348
21,542
25,890
(3,135)
6,850
3,715
Unrestricted
general fund
£
16,024
-
2,406
18,430
2,162
14,369
16,531
1,899
4,951
6,850		 Designated
fund
£
-
-
-		 Restricted
funds
£
-
62,866
-		 2023
Total
£
11,331
71,367
2,923
85,621
4,348
92,928
97,276
(11,655)
22,864
11,209
2022
Total
£
16,024
57,065
2,406
75,495
2,162
85,234
87,396
(11,901)
34,765
22,864
- 62,866
-
7,603		 -
63,783
7,603 63,783
(7,603)
7,603		 (917)
8,411
- 7,494
Designated
fund
£
-
-
-		 Restricted
funds
£
-
57,065
-
- 57,065
-
7,471		 -
63,394
7,471 63,394
(7,471)
15,074		 (6,329)
14,740
7,603 8,411

Globe Community Project

Balance sheet

Balance sheet Balance sheet
As at 30 April 2023 Company no. 04992627
Note
£
Current assets:
10
Liabilities:
11
13a
-
3,715
Total unrestricted funds
General funds
Total charity funds
Total net assets
Cash at bank and in hand
Debtors
Restricted income funds
Unrestricted income funds:
Designated funds
The funds of the charity:
Creditors: amounts falling due within one year		 2023
£
2,337
12,575		 £
7,603
6,850		 2022
£
9,213
15,956
14,912
(3,703)		 25,169
(2,305)
11,209 22,864
7,494
3,715		 8,411
14,453
11,209 22,864

The opinion of the directors is that the company is entitled to the exemptions conferred by Section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge the following responsibilities:

Approved by the trustees on 6 September 2023 and signed on their behalf by

28th July 2022

Lily Wong Le Chair

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 13 to the financial statements.

24

25

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

1 Accounting policies

a) Statutory information

Globe Community Project is a charitable company limited by guarantee and is incorporated in England.

The registered office address and principal place of business is St Margaret's House, 21 Old Ford Road, London, E2 9PL.

b) 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), The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

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

In applying the financial reporting framework, the trustees have made a number of subjective judgements, for example in respect of significant accounting estimates. Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The nature of the estimation means the actual outcomes could differ from those estimates. Any significant estimates and judgements affecting these financial statements are detailed within the relevant accounting policy below.

c) Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

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.

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

1 Accounting policies (continued)

f) Interest receivable

g) Fund accounting

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

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

Rental charges are charged on a straight line basis over the term of the lease.

d) Going concern

e)

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue as a going concern for the next 12 months.

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.

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.

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

j) Cash at bank and in hand

Cash at bank and cash in hand 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.

k) 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.

l) Pensions

The charity offers a defined contribution scheme to its employees. The costs of contributions are recognised in the year they are payable.

26

27

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

Wakefield and Tetley Trust
Emergence Foundation
The Archer Trust
Total income from charitable
activities
LifeLine Community Projects
(FaithAction)
National Lottery
Community Fund
The Merchant Taylors'
Foundation
London Borough of Tower
Hamlets Local Community
Fund (LBTH)
Charity of Sir Richard
Whittington		 Unrestricted
£
-
-
1
-
3,500
5,000
-
-		 £
28,047
7,894
3,125
12,000
-
-
1,800
10,000
Restricted		 2023
Total
£
28,047
7,894
3,126
12,000
3,500
5,000
1,800
10,000		 Unrestricted
£
-
-
-
-
-
-
-
-		 £
26,373
13,156
4,577
12,959
-
-
-
-
Restricted		 2022
Total
£
26,373
13,156
4,577
12,959
-
-
-
-
8,501 62,866 71,367 - 57,065 57,065

Income from other trading activities

3

Rent received
Other income		 Unrestricted
£
2,837
86		 £
-
-
Restricted		 2023
Total
£
2,837
86		 Unrestricted
£
2,400
6		 £
-
-
Restricted		 2022
Total
£
2,400
6
2,923 - 2,923 2,406 - 2,406

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

4a Analysis of expenditure (current year)

Staff costs (Note 6)
Project delivery
Direct project costs
Monitoring and evaluation
Administration and finance
Research and development
Office rent and costs
Raising funds
Support costs
Governance costs
Total expenditure 2023
Total expenditure 2022		 Raising
funds
£
3,970
-
-
-
-
-
-
378		 Charitable
activities
£
12,661
49,228
8,269
1,440
-
-
669
-		 Governance
costs
£
-
-
-
-
896
-
-
-		 Support
costs
£
7,872
-
-
-
2,830
1,560
7,503
-		 2023
Total
£
24,503
49,228
8,269
1,440
3,726
1,560
8,172
378		 2022
Total
£
13,345
52,124
4,670
2,246
4,472
-
10,539
-
4,348
-
-		 72,267
19,765
896		 896
-
(896)		 19,765
(19,765)
-		 97,276
-
-		 87,396
-
-
4,348 92,928 - - 97,276 87,396
2,162 85,234 - -

4b Analysis of expenditure (prior year)

Staff costs (Note 6)
Project delivery
Direct project costs
Monitoring and evaluation
Administration and finance
Office rent and costs
Support costs
Governance costs
Total expenditure 2022		 Raising
funds
£
2,162
-
-
-
-
-		 Charitable
activities
£
6,486
52,124
4,670
2,246
1,267
2,920		 Governance
costs
£
-
-
-
-
1,966
-		 Support
costs
£
4,697
-
-
-
1,239
7,619		 2022 Total
£
13,345
52,124
4,670
2,246
4,472
10,539
2,162
-
-		 69,713
13,555
1,966		 1,966
-
(1,966)		 13,555
(13,555)
-		 87,396
-
-
2,162 85,234 - - 87,396

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28

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

This is stated after charging / (crediting):

This is stated after charging / (crediting):
2023 2022
£ £
Operating lease rentals payable:
Property 3,107 2,500
Independent Examiner's Fee
Independent Examination (including VAT) 780 720

6 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Employment allowance
Salaries and wages
Social security costs
Employer’s contribution to defined contribution pension schemes		 2023
£
23,821
2,006
(2,006)
682		 2022
£
12,972
1,093
(1,093)
373
24,503 13,345

No employee earned more than £60,000 during the year (2022: nil).

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £24,503 (2022: £13,345).

The charity trustees were neither paid nor received any other benefits from employment with the charity in the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil).

No trustee received any expenses during this year (2022: £nil)

7

Staff numbers

The average number of employees (head count based on number of staff employed) during the year was 0.6 (2022: 0.4).

There are no related party transactions to disclose for this financial year.

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

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

9 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

10
11
Taxation and social security
Creditors: amounts falling due within one year
Accruals
Deferred income
Trade creditors
Prepayments
Accrued income
Debtors		 2023
£
-
2,337		 2022
£
4,244
4,969
2,337 9,213
2023
£
1,048
-
780
1,875		 2022
£
1,510
15
780
-
3,703 2,305

Deferred income comprises comprises grants received in advance. £1,875 was deferred in the current year (2022: £nil).

12a Analysis of net assets between funds (current year)

Analysis of net assets between funds (current year)
Net current assets
Net current assets
Net assets at 30 April 2022
Net assets at 30 April 2023
Analysis of net assets between funds (prior year)		 General
unrestricted
£
3,715		 Designated
£
-		 Restricted
£
7,494		 Total
funds
£
11,209
3,715 - 7,494 11,209
General
unrestricted
£
6,850		 Designated
£
7,603		 Restricted
£
8,411		 Total
funds
£
22,864
6,850 7,603 8,411 22,864

12b Analysis of net assets between funds (prior year)

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31

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

13a Movements in funds (current year)

e year ended 30 April 2023
Movements in funds (current year)
Wellbeing for over 60's
Take Back Your Life
Touching Safe Ground
Wakefield and Tetley Trust
Total restricted funds
Core Support Fund
General funds
Total funds
Total unrestricted funds
Restricted funds:
Unrestricted funds:
Designated funds:		 At 1 May
2022
£
4,711
(7,520)
11,220
-		 Income &
gains
£
7,894
29,847
22,000
3,125		 Expenditure
& losses
£
(12,605)
(20,853)
(27,200)
(3,125)		 At 30 April
2023
£
-
1,474
6,020
-
8,411 62,866 (63,783) 7,494
7,603
6,850		 -
22,755		 (7,603)
(25,890)		 -
3,715
14,453 22,755 (33,493) 3,715
22,864 85,621 (97,276) 11,209

Globe Community Project

Notes to the financial statements

For the year ended 30 April 2023

Purposes of restricted funds

Fund name

Wellbeing courses for older people at risk of loneliness and isolation.

Wellbeing for over 60's Wellbeing courses for older people at risk of loneliness and isolation. Take Back Your Life Mindfulness-based support to address chronic pain, illness and related social isolation and inactivity. Touching Safe Ground A blended programme of trauma-informed yoga, ESOL and local orientation for refugee and migrant women. Wakefield and Tetley Trust Contribution to salaries for programme management costs.

Mindfulness-based support to address chronic pain, illness and related social isolation and inactivity.

A blended programme of trauma-informed yoga, ESOL and local orientation for refugee and migrant women.

Purposes of designated funds

Core Support Fund To cover a shortfall in expected income for the financial years 2021/22 and 2022/23

14 Operating lease commitments payable as a lessee

The narrative to explain the purpose of each fund is given at the foot of the note below.

13b Movements in funds (prior year)

Movements in funds (prior year)
Wellbeing for over 60's
Take Back Your Life
Touching Safe Ground
The Language of Wellbeing
Greenways Fete
Wakefield and Tetley Trust
Total restricted funds
Core Support Fund
General funds
Total unrestricted funds
Total funds
Unrestricted funds:
Designated funds:
Restricted funds:		 At 1 May
2021
£
7,571
1,223
-
5,946
-
-		 Income &
gains
£
13,156
23,645
12,959
-
2,728
4,577		 Expenditure
& losses
£
(16,016)
(32,388)
(1,739)
(5,946)
(2,728)
(4,577)		 At 30 April
2022
£
4,711
(7,520)
11,220
-
-
-
14,740 57,065 (63,394) 8,411
15,074
4,951		 -
18,430		 (7,471)
(16,531)		 7,603
6,850
20,025 18,430 (24,002) 14,453
34,765 75,495 (87,396) 22,864

The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods

Property:
Less than one year		 2023
£
1,313		 2022
£
1,250
1,313 1,250

15 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £5.

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33

13 Financial review

The gross income for the year was £85,621, comprising £62,866 Restricted funds and £22,755 Unrestricted funds.

Unrestricted income rose by 23% this year, comprising £3,633 regular donations, £6,553 raised through the Big Give Christmas Challenge, £1,145 in Gift Aid, £2,924 in rental and other income, a £5,000 grant from Merchant Taylor’s Foundation towards general running costs, and a £3,500 grant from The Archer Trust towards general costs. The rise in Unrestricted funding was primarily due to winning core funding from two new donors, whereas fundraising events income fell due to fewer events than last year. We achieved our target of improving income diversity, with 5 active project grants and 3 core grants this year (2022: 4, 1).

Restricted income rose again this year, reflecting an £1,800 grant from Faith Action Network towards the Take Back Your Life project, a £10,000 grant from the National Lottery Community Fund towards the Touching Safe Ground project, and a £5,000 grant from The Wakefield & Tetley Trust for Programme Management costs. This grant played a key role in supporting expanded service delivery, with activities reaching 26% more beneficiaries this year.

Total expenditure was £97,276, including £63,783 Restricted funds, and £33,493 Unrestricted funds.

Spending of Unrestricted funds increased compared with the previous year, while Restricted spending remained stable. The increase in Unrestricted spending reflects the planned spend-down of designated funds, recruitment costs to cover a planned sabbatical, Research and Development costs supporting our 2023-2026 strategy,

increased Training costs investing in corporate fundraising and financial management training, increased fundraising costs as we approached the end of a three-year project cycle, and increased volunteer expenses matching increased volunteer support. High inflation also played a role.

During the year ended 2021, trustees designated £15,074 of Unrestricted funds for essential future spending during the years ending 2022 and 2023. This decision followed the death of a significant former donor, the ongoing challenges and uncertainties posed by the pandemic, and their impact on GCP’s ability to hold fundraising events. The remaining £7,603 from the designated fund was spent this year, in accordance with the designation.

We ended the year with total funds of £11,209, comprising £7,494 Restricted funds and £3,715 Unrestricted reserves. The net deficit of £11,655 should be seen in the context of a three-year project cycle beginning 2020. In 2020 we ended the year with a net surplus of £26,805, with delivery to vulnerable groups delayed by the pandemic. The net deficit shown in our 2021, 2022 and present accounts largely reflects planned spend-down of that initial surplus, concluding this year.

While at the time of signing these accounts, the charity has been impacted by the global Covid-19 virus, the global economic impacts of the Russia-Ukraine war and the UK Cost of Living crisis, the trustees have reassessed the charity’s ability to continue for at least 12 months from the date the accounts are approved, and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.

14 Reserves and risk management

The charity’s free reserves, excluding fixed assets (£0) at the year end were £3,715 , lower than the £7,000 target level initially set for this year. In December 2022, after reviewing the increasingly uncertain operating environment for small charities, associated financial risks and GCP’s desire to sustain increased income levels, as well as standard charity practice, the Management Committee decided to set a target range of 3-6 months’ operating costs for reserves. The revised target based on income forecasts is £20-40,000, however it may take up to 3-5 years to reach that target.

GCP has a Reserves policy and a Risk Management policy which includes the expectation that the Management Committee will review the year’s financial risks at least once a year. The board of trustees aims to ensure that reserves remain at a reasonable proportion of overall turnover, and are able to cover any financial risks that have been identified. Reserves can be accessed, in line with the Reserves policy, in any circumstances in which the expected unrestricted funds fall short of being able to meet essential costs for the year.

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35

15 Governance and management

Constitution

Globe Community Project is a company limited by guarantee and was formed on 11 December 2003. It is governed by a memorandum and articles of association as amended by special resolution dated 17 June 2004, 3 July 2015, 18 September 2019 and 12 January 2021. The liability of the members in the event of the company being wound up is limited to a sum not exceeding £5.

Charity number: 1104770 Company number: 04992627

Directors and trustees

The directors of the charitable company (“the charity”) are its trustees for the purpose of charity law and throughout this report are collectively referred to as the trustees. The management committee is responsible for the day-to-day running of the Globe Community Project (GCP), and meets every three months. The trustees are all members of the management committee. There may also be members of this committee who are not trustees, who have time and/or particular skills to offer and are interested in supporting the work of the charity. These members may be co-opted onto the committee during the year and then stand for re-appointment at the AGM.

Trustees

Anna-Paulina Norbury (appointed March 2023)

Arslan Hussain (appointed September 2022) Francis Addai, Treasurer (appointed September 2022) Julian Haxby, Company Secretary Kate Hayler Lily Le Wong (appointed November 2022) Parmjit Kaur Singh (appointed September 2022)

Ripon Shamsul Ray (appointed March 2023) Robert Tame Anne-Marie Irwin, Chair (resigned March 2023)

Ruzina Begum (resigned July 2022) Sugati /Alison Ticher (resigned July 2022)

Registered Office

St Margaret’s House, 21 Old Ford Road, London, E2 9PL

Phone

07419 586150

Bankers

The Co-operative Bank PO Box 250 Delf House Southway Skelmersdale WN8 6WT

Independent Examiner

Wendy Smith ACCA SBC House Restmor Way Wallington SM6 7AH

Investment powers

Under its Memorandum and Articles of Association, the charity has the power to make any investments, which the trustees see fit.

Trustees’ responsibilities in relation to the financial statements

The trustees (who are also the directors for the purposes of company law) are responsible for preparing the Trustees report and the financial statements in accordance with the applicable law and UK Accounting Standards.

Company law requires the trustees to prepare financial accounts 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 the year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for maintaining proper accounting records, which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. The

trustees are also responsible for safeguarding the assets of the charity 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 Statement of Recommended Practice: Accounting and Reporting by Charities (Charities SORP (FRS102)), and in accordance with the special provisions of the Companies Act 2006 relating to small companies.

Independent Examination

In line with Charity Commission requirements, an independent examination of our accounts has been commissioned. The report of the Independent Examiner is on page XX. GCP is exempt from audit as our gross income falls below £1,000,000.

Signed on behalf of the board of trustees

Lily Le Wong Chair Globe Community Project

6th September, 2023

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16 Report of the Independent Examiner

I have completed my examination. I confirm that no matters have come to my attention in connection with my examination giving me cause to believe that in any material respect:

Independent examiner’s report to the trustees of Globe Community Project.

I report to the trustees on my examination of the financial statements of Globe Community Project for the year ended 30 April 2023 which are set out on pages 24 to 33.

This report is made solely to the trustees as a body, in accordance with the Charities Act 2011. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner’s report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Trust and the trustees as a body, for my examination, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

I have no concerns 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.

I report in respect of my examination of your charity’s financial statements as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’) and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Signed:

Independent examiner’s statement

If the charity’s gross income exceeds £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Certified Chartered Accountants, which is one of the listed bodies.

Wendy Smith FCCA Independent Examiner Date: 6 September 2023

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Globe Community Project Company number: 04992627 Charity reg: 1104770