## 

|Reports||
|---|---|
|Referenceandadministrativedetails|1|
|Trustees'report|2|
|Independentauditor'sreport|11|



## 

|Financialstatements||
|---|---|
|Consolidatedstatementoffinancial||
|activities|15|
|Balancesheet|16|
|Consolidatedstatementofcashflows|17|
|Principalaccountingpolicies|18|
|Notestothefinancialstatements|20|





## 

|Trustees|MrJBuckingham(Chair)|
|---|---|
||MrDGilchrist|
||MrRPerera|
||MrRWalters(Treasurer)(resigned30th|
||August2023)|
||MsSWestell(resigned15thMay2023)|
||DrJWilkinson|
|Observer|CllrTMitchell|
|CEO|MarkLinehan|
|SeniorManagementTeam|GeorginaDeadman,BusinessandEvents|
||Manager|
||AdamGreenhalgh,HeadofCommunity|
||Programmes|
|Address|34GreatSmithStreet|
||London|
||SW1P3BU|
|Website|https://www.theabbeycentre.ora.uk|
|Companyregistrationnumber|05373711|
|Charityregistrationnumber|1109442|
|Auditor|BuzzacottLLP|
||130WoodStreet|
||London|
||EC2V6DL|
|Bankers|CAFBankLtd|
||25KingsHillAvenue|
||KingsHill|
||WestMailing|
||Kent|
||ME194JQ|





## 

## 

## 

## 

## 



## 

## 



## 

## 

## 

## 

## 

## 



||2022/23|2021/22|Change|
|---|---|---|---|
|Members|4,617|3,881|+738|
|Totalserviceusers|7,391|6,416|+975|
|Attendances|25,787|20,074|+5,713|



||2022/23|2021/22|Change|
|---|---|---|---|
|Volunteers|168|195|-27|
|Volunteerhours|19,599|10,004|+9,595|





|•|AgeUKdrop-inservice|•|LondonCSSCTableTennis|LondonCSSCTableTennis|
|---|---|---|---|---|
|•|AlcoholicsAnonymous|•|NarcoticsAnonymous||
|•|BonsaiKai|•|ObsessiveCompulsiveDisorder||
|•|BosnianSupplementarySchool||supportgroup||
|||•|StrictlyBallroom||
|•|CarersNetwork|•|ShenChiDo||
|•|Dancebuzz|•|SouthWestminsterLegalAdvice||
|•|DoinaEasternEuropeanFolk||Service||
||DanceGroup|•|TaiChi||
|•|DreamArts10|•|ThriveTribe||
|•|FossilFreeLondon|•|VictoriaIslamicCulturaland||
|•|FridayPrayers||EducationCentrecoffee|morning|
|•|Inspiration2Dance||||
|||•|WhitehallBallroom||
|||•|ZivkoFirfovFolklore|Dancing|
||||Group||





## 

## 

## 

## 



## 

## 

## 

## 

## 



## 

## 



## 

## 

## 

## 



## 

## 




# 22 December 2023 



|||Un-||Total|Un-||Total|
|---|---|---|---|---|---|---|---|
|||restricted|Restricted|funds|restricted|Restricted|funds|
|||funds|funds|2023|funds|funds|2022|
||Notes|`£`|<br>`£`||`£`|`£`|`£`|
|Incomefrom:||||||||
|Donationsandlegacies|1|238,119|369,153|607,272|238,029|367,499|605,528|
|Tradingactivities|2|362,371||362,371|206,902||206,902|
|Investmentincome||605||605||||
|Charitableactivities:||||||||
|.Hireofaccommodation||60,040|—|60,040|37,644|216|37,860|
|.Activityincome||7,981|23,508|31,489|5,786|15,776|21,562|
|.Otherincome||10,779|-|10,779|50|1,353|1,403|
|Totalincome||679,895|392,661|1,072,556|488,411|384,844|873,255|
|Expenditureon:||||||||
|Raisingfunds||234,285||234,285|130,535||130,535|
|Charitableactivities:||||||||
|.Communityactivities||522,544|283,463|806,007|477,178|262,241|739,419|
|Totalexpenditure|3|756,829|283,463|1,040,292|607,713|262,241|869,954|
|Net(expenditure)income||(76,934)|109,198|32,264|(119,302)|122,603|3,301|
|Transferbetweenfunds||61,750|(61,750)||55,169|(55,169)||
|Movementoffunds||(15,184)|47,448|32,264|(64,133)|67,434|3,301|
|Reconciliationoffunds:||||||||
|Fundbalancesbroughtforward|13|||||||
|at1April2022||103,863|152,722|256,585|167,996|85,288|253,284|
|Fundbalancescarriedforward|13|||||||
|at31March2023||88,679|200,170|288,849|103,863|152,722|256,585|





## 

|||2023||2022||
|---|---|---|---|---|---|
|||Charity|Group|Charity|Group|
||Notes|£|£|£|£|
|Fixedassets||||||
|Tangiblefixedassets|7|16,640|42,061|8,272|22,826|
|Investments|8|2|-|2|-|
|||16,642|42,061|8,274|22,826|
|Currentassets||||||
|Stocks|||2,365|—|2,070|
|Debtors|9|334,527|156,112|111,277|51,056|
|Cashatbank||204,049|373,556|397,959|471,241|
|||538,576|532,033|509,236|524,367|
|Creditors:amountsfallingdue||||||
|withinoneyear|10|(271,317)|(285,245)|(265,819)|(290,608)|
|Netcurrentassets||267,259|246,788|243,417|233,759|
|Netassets||283,901|288,849|251,691|256,585|
|Representedby:||||||
|Unrestrictedfunds||||||
|.General|11|67,089|46,618|90,695|81,037|
|.Designatedfund—fixedassets|11|16,642|42,061|8,274|22,826|
|||83,731|88,679|98,969|103,863|
|Restrictedfunds|12|200,170|200,170|152,722|152,722|
|Totalfunds||283,901|288,849|251,691|256,585|





## 

|||2023|2022|
|---|---|---|---|
||Notes|£|£|
|Cash(usedin)providedbyoperatingactivities|A|(62,104)|125,813|
|Cashflowsfrominvestingactivities:||||
|Purchaseoftangiblefixedassets||(35,581)|(8,035)|
|Netcashusedininvestingactivities||(35,581)|(8,035)|
|Changeincashandcashequivalentsintheyear||(97,685)|117,778|
|Cashandcashequivalentsat1April2022||471,241|353,463|
|Cashandcashequivalentsat31March2023||373,556|471,241|



## 

||2023|2022|
|---|---|---|
||£|£|
|Netmovementinfunds(asperthestatementoffinancialactivities)|32,264|3,301|
|Adjustmentsfor:|||
|Depreciationcharge|16,346|13,544|
|(Increase)decreaseindebtors|(105,056)|21,539|
|Decreaseinstock|(295)|(1,289)|
|(Decrease)increaseincreditors|(5,363)|88,718|
|Netcashusedinoperatingactivities|(62,104)|125,813|



|Analysisofcashandcashequivalents|||
|---|---|---|
||2023|2022|
||£|£|
|Cashatbankandinhand|373,556|471,241|
|Totalcashandcashequivalents|373,556|471,241|





## 

## 

## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 

## 

## 



## 

||||Yearended|||Yearended|
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|31March|Unrestricted|Restricted|31March|
||funds|funds|2023|funds|funds|2022|
||£|£|£|£|£|£|
|WCCcoregrant|154,500|-|154,500|154,500|-|154,500|
|Grants|79,570|367,178|446,748|74,958|367,427|442,385|
|COVIDgrants|—|—|—|4,963|—|4,963|
|Otherdonations|4,049|1,975|6,024|3,608|72|3,680|
|Totalfunds|238,199|369,153|607,272|238,029|367,499|605,528|



## 

|Tradingactivities|||
|---|---|---|
||Unrestricted||
||Yearended|Yearended|
||31March|31March|
||2023|2022|
||£|£|
|Roomhire|202,780|141,763|
|Cafécateringincome|74,705|36,453|
|Conferencecateringincome|68,586|23,093|
|Othertradingincome|16,300|5,593|
|Totalfunds|362,371|206,902|



## 

|Analysisofexpenditure|||||
|---|---|---|---|---|
||Direct|Support|Governance|Total|
||costs|costs|costs|2023|
||£|£|£|£|
|Costsofgeneratingfunds|||||
|Tradingexpenses|184,575|47,550|2,160|234,285|
|Charitableexpenditure|||||
|Communityactivities|718,637|78,280|9,090|806,007|
||903,212|125,830|11,250|1,040,292|
||Direct|Support|Governance|Total|
||costs|costs|costs|2022|
||£|£|£|£|
|Costsofgeneratingfunds|||||
|Tradingexpenses|117,857|10,174|2,504|130,535|
|Charitableexpenditure|||||
|Communityactivities|608,018|121,861|9,540|739,419|
||725,875|132,035|12,044|869,954|





## 

||Finance,|||
|---|---|---|---|
||management|||
||&||2023|
||administration|Premises|Total|
||£|£|£|
|Tradingexpenses|28,602|18,948|47,550|
|Communityexpenditure|14,558|63,722|78,280|
|Governancecosts|11,250|-|11,250|
||54,410|82,670|137,080|
||Finance,|||
||management&||2022|
||administration|Premises|Total|
||£|£|£|
|Tradingexpenses|5,608|4,566|10,174|
|Communityexpenditure|36,852|85,009|121,861|
|Governancecosts|12,044||12,044|
||54,504|89,575|144,079|



## 

|Staffcosts|||
|---|---|---|
||Total|Total|
||2023|2022|
||£|£|
|Wagesandsalaries|450,051|393,331|
|Socialsecuritycosts|37,850|29,616|
|Pensions|25,129|21,923|
||513,030|444,870|



||2023|2022|
|---|---|---|
||No.|No.|
|Charitableactivities|11|7|
|Trading|4|4|
|Support|3|3|
||18|14|





## 

## 

||Total|Total|
|---|---|---|
||2023|2022|
||`£`|`£`|
|Auditor'sremuneration(excludingVAT)|9,929|8,750|



## 

|Tangiblefixedassets|||||
|---|---|---|---|---|
||||Furniture&||
||||equipment—||
|||2023|Abbey|2023|
||Furniture&|Charity|Community|Group|
||equipment|Total|Services|Total|
||`£`|`£`|<br>`£`|`£`|
|Cost|||||
|Atbeginningofyear|59,489|59,489|44,256|103,745|
|Additionsinyear|14,444|14,444|21137|35,581|
|Atendofyear|73,933|73,933|65,393|139,326|
|Depreciation|||||
|Atbeginningofyear|51,217|51,217|29,702|80,919|
|Chargefortheyear|6,076|6,076|10,270|16,346|
|Atendofyear|57,293|57,293|39,972|97,265|
|Netbookvalue|||||
|At31March2023|16,640|16,640|25,421|42,061|
|At31March2022|8,272|8,272|14,554|22,826|



## 

## 

|Debtors|||||
|---|---|---|---|---|
||2023||2022||
||Charity|Group|Charity|Group|
||£|£|£|£|
|Tradedebtors|87,417|147,504|9,797|39,359|
|Sundrydebtorsandprepayments|6,323|8,608|8,072|10,307|
|Othertaxesandsocialsecurity|—|—|1,390|1,390|
|AmountduefromAbbeyCommunity|||||
|ServicesLimited|240,787|-|92,018||
||334,527|156,112|111,277|51,056|





## 

|Creditors:amountsfallingduew|ithinoneyear||||
|---|---|---|---|---|
||2023||2022||
||Charity|Group|Charity|Group|
||£|£|£|£|
|Tradecreditors|239,004|246,698|219,797|236,740|
|Othercreditors|3,375|3,375|2,761|2,761|
|Othertaxesandsocialsecurity|28,938|17,865|9,393|9,393|
|Accruals|-|17,307|33,868|41,714|
||271,317|285,245|265,819|290,608|



## 

|Unrestrictedfunds|||||
|---|---|---|---|---|
||2023||2022||
|Generalfund|Charity|Group|Charity|Group|
||£|£|£|£|
|Balanceatstartofyear|90,695|81,037|187,854|139,663|
|Deficitfortheyear|(76,988)|(76,934)|(155,433)|(119,302)|
|Transferfromrestrictedfund|61,750|61,750|55,169|55,169|
|Transfer(to)fromdesignatedfundarising|||||
|frommovementinvalueoffixedassets|(8,368)|(19,235)|3,105|5,507|
|Balanceatendofyear|67,089|46,618|90,695|81,037|



||2023||2022||
|---|---|---|---|---|
|Designatedfunds|Charity|Group|Charity|Group|
||£|£|£|£|
|Balanceatstartofyear|8,274|22,826|11,379|28,333|
|Transferfromdesignatedfundarisingfrom|||||
|movementinvalueoffixedassets|8,368|19,235|(3,105)|(5,507)|
|Balanceatendofyear|16,642|42,061|8,274|22,826|





## 

## 

|Restrictedfunds||||||
|---|---|---|---|---|---|
||||||At31|
||1April||||March|
||2022|Income|Expenditure|Transfers|2023|
||£|£|£|£|£|
|PimlicoMillion—SWAN|1,728|5,724|(3,352)|(2,287)|1,813|
|BMEHealthForum—EmotionalWellbeingfortheBME||||||
|Community|494|(263)|(231)|—|—|
|WCCPublicHealth—CommunityChampions|21,980|53,000|(44,314)|(14,206)|16,460|
|CorporateandIndividualdonations-TeaParty|3,210|(801)|(2,409)|—|—|
|VictoriaBID—MiniCSRproject|(1)|—|—|1|—|
|Localgiving-HotMealsService|102|(102)||—|—|
|WCC-ParentalEmploymentProject|3|(3)|—|—|—|
|MondayClub|744|3,915|(1,402)|1|3,258|
|MartinMcLarenMemorial|200|(200)|—||—|
|NationalLotteryCommunityFund—HappyTogether|118|(118)|—||—|
|ImperialCollegeLondon-VolunteerExpenses|2,612|—|—||2,612|
|DrugandAlcoholWellbeingService:TurningPoint—After||||||
|SchoolClub|142|(10)|(132)||—|
|NationalLotteryAwardsforAll—WellbeingProject|19|(19)|—|—||
|EQUIP—WomenEmploymentSupport|4,657|(4,657)|||—|
|DigitalDivide-StGilesandGeorge|609|(609)|-|-||
|WAES-WestminsterinProgression|1,559|(284)|(1,275)|—|—|
|WCC-ReadyForWork|613|(613)|—|||
|AbbeyCentreCommunityFoodPantry|4,233|21,358|(22,758)||2,833|
|WCC-CommunityContributionFund-AbbeyCentre||||||
|Connects|581|(120)|(461)|—|—|
|Athlefit-WCCActiveWestminster|(196)|931|(530)|536|741|
|VoluntaryCommunitySectorOutreach-WCCPublicHealth|759|(224)|-|(535)|—|
|TheAbbeyCentreWellbeingHub-ImperialHealthCharity|2,117|1,788|(3,455)|(450)||
|MultilingualEmotionalWellbeingNorthWestLondon-BME||||||
|Heal|(18)|871|(779)|(74)|—|
|WCC-WardBudget-Reach-out-WomenFitnessClub|173|(63)|(110)|—|—|
|WCC-HolidayActivitiesProgramme|328|(268)|(60)|-|-|
|WAES-Ready4Work|(3,519)|8,637|(4,072)|(1,046)|—|
|TNLCF-WomenOfftoWork(WOW)|46,157|118,552|(77,227)|(23,913)|63,569|
|CAFResilienceFund|54,307|34,301|(71,928)|(10,344)|6,336|
|WCCPH-CommunityVaccineChampions-"Westminster||||||
|Protects'|8,951|11,878|(15,150)|(5,679)|—|
|EveryoneActive-PhysicalActivities|60|360|(1,530)|-|(1,110)|
|AwardsForAll-Cycling/Athlefit|-|9,805|(2,786)|(897)|6,122|
|SocialMedia-AG/GW|—|500|(153)|-|347|
|AfterSchoolClubTF|—|18,000|(6,264)|(2,136)|9,600|
|WCC-WestminsterSingsChoirTF|—|2,492|(4,779)|(621)|(2,908)|
|WCC-Kids'HealthyEatingProject—TF|—|832|(732)|(100)|-|
|WAES-BuildingResilienceandOpportunities||10,106|(10,864)|-|(758)|
|AmbassadeursGroup-WomensActivities|-|5,000|(1,800)|—|3,200|
|GardenProject||200|(4,710)|-|(4,510)|
|WCC-HealthyWinterGrantSupport||7,000|—||7,000|
|WCC-CostofLivingSupport|—|5,663|—||5,663|
|AmbassadeursGroup-CommunityAllianceGrant|—|60,000|(200)|-|59,800|
|HomelessMeals|-|102|-|-|102|
|ShaftsburyFoodPoverty|—|20,000|-|-|20,000|
||152,722|392,661|(283,463)|(61,750)|200,170|





## 

|undisalsosupportingtheCharitytobuildit<br>needsinthe community.|sresilienc|eandto|understand|newand|emerging|
|---|---|---|---|---|---|
||||||At31|
||1April||||March|
||2021|Income|Expenditure|Transfers|2022|
||£|£|£|£|£|
|PimlicoMillion—SWAN|2,680|5,000|(5,181)|(771)|1,728|
|BMEHealthForum—EmotionalWellbeingforthe||||||
|BMECommunity|2,174|4,000|(5,072)|(608)|494|
|WCCPublicHealth—CommunityChampions|20,676|55,416|(49,321)|(4,791)|21,980|
|CorporateandIndividualdonations-TeaParty|3,449|624|(863)||3,210|
|VictoriaBID—MiniCSRproject|426||(427)||(1)|
|Localgiving-HotMealsService|102||||102|
|WCC-ParentalEmploymentProject|2,396||(2,050)|(343)|3|
|MondayClub||951|(207)||744|
|MartinMcLarenMemorial|200|-|-||200|
|ImperialCollegeLondon-VolunteerExpenses|1,667|1,353|(408)|-|2,612|
|NationalLotteryCommunityFund—HappyTogether|16,007|10,841|(24,356)|(2,374)|118|
|DrugandAlcoholWellbeingService:TurningPoint—||||||
|AfterSchoolClub|855||(713)||142|
|NationalLotteryAwardsforAll-WellbeingProject|3,432||(3,313)|(100)|19|
|EQUIP—WomenEmploymentSupport|6,167||40|(1,550)|4,657|
|WestminsterChurchStreet-EmotionalWellbeing|—||—||—|
|Microsoft/LCF-Corefunding|2,333||(2,333)||—|
|DigitalDivide-StGilesandGeorge|843|—|(234)||609|
|WAES-WestminsterinProgression|2,493|11,029|(11,037)|(926)|1,559|
|WCC-ReadyForWork|12,759|-|(10,836)|(1,310)|613|
|AbbeyCentreCommunityFoodPantry|1,462|10,682|(7,911)|—|4,233|
|EQUIPProject2021|2,064|14,210|(14,724)|(1,550)|—|
|Peabody-CapacityBuildingAward|3,103|-|(3,103)|||
|WCC—CommunityContributionFund—Abbey<br>CentreConnects||16,000|(13,845)|(1,574)|581|
|BMEHealthForum—ContactandTrace—<br>Vaccination||3,000|(2,676)|(324)||
|Athlefit—WCCActiveWestminster||1,620|(1,280)|(536)|(196)|
|VoluntaryCommunitySectorOutreach—WCCPublic<br>Health||5,015|(4,256)||759|
|TheAbbeyCentreWellbeingHub—ImperialHealth<br>Charity||29,217|(24,425)|(2,675)|2,117|
|MultilingualEmotionalWellbeingNorthWestLondon<br>—BMEHeal||4,400|(3,934)|(484)|(18)|
|WCC—WardBudget-Reach-out—WomenFitness<br>Club||8,387|(7,389)|(825)|173|
|WCC—HolidayActivitiesProgramme||6,500|(5,533)|(639)|328|
|WCC—FoodPantryinSouthWestminster||30,000|(5,754)|(24,246)|-|
|WAES-Ready4Work||8,696|(10,916)|(1,299)|(3,519)|
|TNLCF—WomenOfftoWork(WOW)||72,901|(22,496)|(4,248)|46,157|
|CAFResilienceFund||70,902|(13,853)|(2,742)|54,307|
|WCCPH—CommunityVaccineChampions—||||||
|"WestminsterProtects"||13,500|(3,295)|(1,254)|8,951|
|EveryoneActive—PhysicalActivities||600|(540)|-|60|
||85,288|384,844|(262,241)|(55,169)|152,722|





**Notes to the financial statements** 31 March 2023 

## **13 Analysis of net assets by fund** 

|**Analysis of net assets by fund**|||||
|---|---|---|---|---|
|**Group**|**General**<br>**fund**<br>**£**|<br>**Designated**<br>**funds**<br>**£**|<br>**Restricted**<br>**funds**<br>**£**|<br>**Total**<br>**2023**<br>**£**|
|Fixed assets<br>Net current assets|**—**<br>**46,618**|**42,061**<br>**—**|**—**<br>**200,170**|**42,061**<br>**246,788**|
||**46,618**|**42,061**|**200,170**|**288,849**|
|**Charity**|**General**<br>**fund**<br>**£**|<br>**Designated**<br>**funds**<br>**£**|<br>**Restricted**<br>**funds**<br>**£**|<br>**Total**<br>**2023**<br>**£**|
|Fixed assets<br>Investments<br>Net current assets|**—**<br>**—**<br>**67,089**|**16,640**<br>**2**<br>**—**|**—**<br>**—**<br>**200,170**|**16,640**<br>**2**<br>**267,259**|
||**67,089**|**16,642**|**200,170**|**283,901**|
|Comparative of net assets by fund:<br>_Group_|_General_<br>_fund_<br>_£_|<br>_Designated_<br>_funds_<br>_£_|<br>_Restricted_<br>_funds_<br>_£_|<br>_Total_<br>_2022_<br>_£_|
|_Fixed assets_<br>_Net current assets_|_—_<br>_81,037_|_22,826_<br>_—_|_—_<br>_152,722_|_22,826_<br>_233,759_|
||_81,037_|_22,826_|_152,722_|_256,585_|
|_Charity_|_General_<br>_fund_<br>_£_|<br>_Designated_<br>_funds_<br>_£_|<br>_Restricted_<br>_funds_<br>_£_|<br>_Total_<br>_2022_<br>_£_|
|_Fixed assets_<br>_Investments_<br>_Net current assets_|_—_<br>_—_<br>_90,695_|_8,272_<br>_2_<br>_—_|_—_<br>_—_<br>_152,722_|_8,272_<br>_2_<br>_243,417_|
||_90,695_|_8,274_|_152,722_|_251,691_|



## **14 Related party transactions** 

In the year, no trustees received a total of £nil in expenses (2022 - £16 to two trustees). 

During the year, two family members of key management personnel worked in the café and were remunerated for a value of £2,307 (2022 - £nil). 

## **15 Operating lease** 

On 1 April 2018 the Charity entered into a service level agreement with Westminster City Council for the services delivered at the Abbey Centre which are directly tied to the occupancy of the building with an annual payment of £154,500 to be received by the Charity. This agreement is co-terminous with the lease on 34 Great Smith Street, which ran to 31 March 2023 with rent payable at the rate of £123,000 per annum. The Charity spent much of the year ending 31 March 2023 negotiating both a new service level agreement and lease and has agreed heads of terms on both. The new service level agreement will be for five years with an annual payment of £170,000. With the previous lease having expired, the Charity currently occupies the building under tenancy at will and it is expected that a new fifteen-year lease will be signed with rent payable at £112,000 per annum. 

Abbey Community Association Limited **26** 



## 

## 

||Equipment|Equipment|
|---|---|---|
||2023|2022|
||£|£|
|Lessthanoneyear|340|6,929|
|Betweentwoandfiveyears|-|6,929|
||340|13,857|