ISLAND HOUSE COMMUNITY CENTRE ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2021 CHARrrY REGIsfRATION No: 1110519 Independent Examiners Ltd 2 Broadbrfdge Business Centre Delling Lane Bosham West Sussex P018 8NF
ISLAND HOUSE COMMUNITY CENTRE CONTEfiTS ge3 Legal AdmSnstrdVve Informthn Page4-6 Trustee R$wJrt Page 7 Statement of Flnandal ActfvIts Pagt 8 Balarts Sheet Paoes 9-15 Note5 to Finandal Ststements Pages 16 Inderdent Exafflinets Report to TnJstee5
ISLAND HOUSE COMMUNrrY CENTRE TRUSTEES REPORT FOR THE YEAR ENDED 31ST DECEMBER 2021 SECTION A- REFERENCE & ADMif41STIIATION DEfAIL Chartty Nam¢ tsknd Hryjse CMMy1ty Centre Charlty Numb 1110519 Prfndple Addre55 tsland House Communty Cen R(serton Street Tsk of Oogs Loj0 E14 3PG MANAGING TRiK¥fEES AnIlnY derrnan Ichalr)-rest9n 27.7.21 John Beha ryasurer)- regnott 27.7.21 stephan . reshjwj 27.7.21 ne Dar Rot)ert Lambd Tom &ke Adeboyega Akaya - appjlnw 27.7.21 Dinah Rodell- apwnted 27.7.21 Sardh Sauvat- appoint 27.7.21 YNDEPENDENT EXAMINER 2 adbrIdge PALsiness Centre rirvJ La Bosham West s$seX P018 8NF SECTION 8 . sfRucnJRE, GOVERNANAce & MA14AGEMENT GOVERNING INSYRUMENT tdarnuoTr ofTntst (lol30th June 2005, as ameTh1ed on 10th Febrnary 2016 LEGAL STATUS UnlnQ)rrrated TRUSTEE SELEcfIoN METHOD Aprw)inted by the exisknng trustees ADDITIONAL INFORMATION The Trust% mt at kast fwr tirne5 a year are not mUrated by the arlty for Ihelr work. Legal owtErship of Charity's L7nd and twlldlng Is vested In URC Tharrbes fv.oth Tnt who o)nUrxJe as Custrjdlan Tnjstee for Charity.
ISLAND HOUSE COMMUNrrY CERE TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31sr DECEMBER 2021 SEcfi¢JN C. OWECTIVES & ACnVITIES Charllable ObJ•cts Promote the befit of inhabtsnts of ts IS of tkngs and the SUOundIng area by a5sothting together the sid inhabinE$ aThJ Ial ajthoriiles, voluntary and other organi2atior6 in a comr(Y)n effr)rt to vae educatton aTrJ to pmvvje fa(iliti&5 In the Interests of sodal welfare for rectiOn and ]etsure-Ume cccupabon wrch thc objert of mprovlng the mndlt6ors of Ilfe for the saKJ inhalAtsnts. and Advano the Christban re1jn. Adlvltley We bwJan this year In natknnal k)ckdovm, aml all acuvllles therefo rerna1rd Dn-IlnE. As the year progr& and e&ed, we saw people slowly rturn to tr cerrtre, both for our wolects arKI for private hire. Staff mova bad( to the Offi full- time, 8ltlK>ugh tJ)e Centre Dlrector Conbrnj ty) wotk from me 2 days per week. Trustee5 m&e to futvj Cotnmunity Parents from general re5erye5 whlle a very promi&ng grant applkatioti had been delayed by the Pa[Eml revieTrYed by The Nats"orbal Lottery. We were surprised and deVaStst when the 8ppllcÈtlon finally proved unsuccefvl. atNI Communty PdnL5 c105ed in April, S staff bdng made reduryjant. Unftmtynatdyp plonned flftal celebration event was canlled due to Covhl re5trktion5. Throughout the ye6r Cathy malntslned a number of ¥tieS for SKKLLS althcwh work wa5 sk)wer and outreach s$ due to soclvj dthrting restrthons. Fundlng was recdvwj from The Natk)nal Lottery and a project was stsrted, REFRESH, whlch provkjed a range of very popuknr exercise and mlndfvlness classes to addres5 phystal, 5pirftyal, arml mental health after the ndemt. Funding w85 atso e1Ved frotr Popbr & Lltnelmxjse alth Trust which enaNed crnft club and (xjmmunty dbjlr to rM b) blarKI HoLL%e In 5urnmer 05 Part of ¢)ur expaThling HEALTH proJecL Publlc Benefft Our strategS and tiV$ are devdoped direct relatK)n5hip tn our charitable al and meet the klentrfvle tEeds of the gerffil publK wthin our area of benef. Volunteer contrlbutlon r work h6$ relfd heavSly on VolunerS and we continue to have gty)d worklng relationships velunteers thr<wghwt the projects, Lxrt especially in Communlty SEcfIoN D- ACHIEVEMEf4TS & pERFoANcE ProJe(ts In tneir kasi quartw, LUMMUWiY VAKÈNIS contsnwi tD prov10e exeruse Jasses, 0hop$ and one to one suprM)rt where the pregt and new mums benef6tted fmm impioved emovonal wellteing durfNJ thL% difncult Ume, redUl si)tial i50btion through connecbng up with each otherarKI strotvj sw of cornmunty. ContinuiThJ to deliver the workshops on zM mwje us leam fth¥ tD do thls In an Intimate arml frlondly way. We alty fou zwm to alkjw for ttus 5urwlngty well. aTrJ more fathws werE present In the workshops. We cornplthl trainlng our ehth cOrt of voluntsers aNI v4ere pleased to Pa55 on all our e ¥unteS aj muft who wared Evntinued peer stsppwt to our colleagues at Social ALlk*n for Health.
ISLAND HOUSE COMMUNrrY CENTRE TRUSTEÈS REPORT (continued) FOR THE YEAR ENDED 31sr DECEMBER 2021 Projects Contknued It was good to see return trj the Trntre, and In August thls Included wr craft Club, as part of nEwty Thamed aTrJ LrgIrj HEALTH prola. Over 18 sesslons we saw 98 atteTh1Èes, IrKlUd old frlend$ arKI quite a few new people. In respowe to requests for parents, AnMarIe ran a weekw SW and play stssknns for mums and bab5, demand dwind1. aTrJ she repla tIE5e with mnthly events, Indudlng a Halloween paty attee0 by 151 PeOe. In a(1drt, Ctholr con15nued to grow sIe reiurnln9 to the c•)tre. Beglnnlng In Jur, eur brand-nÉ REFRESH project prov& a range of free s&s$k>rs, Indudlng boxertse, mlrNlfulness. yoga, as a dlrect re5pon5e to the wellbelng Cor5 Df the pandn We have pYov¥JeAI 57 free clakses to 303 atteThlees. These were very well reiVal, wth one attet¥lee commentjw.. "I slgned up a couple of week5 a90 for ihe boxerclse dasses and I ran't tell you enwgh )W great has bn. Obvlously. there a physkal bfft to exercise Ilke thb ho%Ye¥er I dldn't reallse how rnuch I ne&ed to join a group Ilke this for my mental health. l (En honestly Say attsr each lesson I feel like I'm on a hlgh for 48hours. IYS IlkE my endorphlns have explodd. TIE instructor Is brflllant and othw lads In the ¢la55 a so supwjrtfve and lust k)vety people. Thank you for 01ganisAry ihese lesso, they ire realty making a differere to my IFel- Althwgh fflost of the v40tk In SKILLS had to be done Indlvhlual clknts rather than groups, Cathy manawj tu pruvwe a gr)d deal gf SUPPDrt tralnlng to Wl people. 49 dknts reiVed or-tO-one dKJiEal supp)rt gardIng benefits, health, or employmert {bpprox. 123 IKurs), 19 clients c¢)mped 84 online training LY)urses, 22 cllents viere supportpd in job sewch and prtreMph)Ymt skflk tralniw, 7 clients were su¢w5fully supported Irrto Jobs aThJ 3 dbents eryed chllJrAtE traInI befo belrJ to other organlsStbors, FundlThJ Funding continued to be dlfftcult ID SOU durTThJ the first of the year as all dor5 were seeking to address the dbUt)n of foc*J and efftrye 5upplles, leavlng very Ilthe left avaiLible to our projects, ew U¥)ugh we taryeted vulnerable PeOe. However, a total of £79,000 new fur¥Jlro was swrced, ItludI £34,400 to continue SKILLS, E25.000 to start HEALTH and £IO.OLK> b) start REFRESH. This was a 5ucce55 rate Df 18% of totsl amcAJnt requ¢stwJ. SlpJhY up 16% the prevkJu$ yaar. Trustee5 had me ts dEQSK)n in November 2020 to continue ftjnding Communty Parents projett rEserve5 until 6ts Ck}su In Aprll, costiw E45,500. A(Lordlngly, our r¢serye5 drop@ from Eli2,OCMI to £104,WO. Desplte tIE difficult year, Trustees were pleased bkn¢ witing ide the bjdgeted loss to Commtrntiy Porerts, broke even. aThJ the each of the projett bLMlgets enter 2022 wlth some nnthS rernalnlTrJ. We were soryio the the5 Communlty Parent5 staff to redundanryitb April. Shahina began matemlty l&Ave In (ktoter 2021, ¥¥ith Amanda ortt ajaln the offi Coordltbabjr role fvll time. Fomer Cornmunlty ParenL Annemarie. was appointed Caretaker (Out of Hoursl In April. Rentsls Rental Iro)me dropped to the l(Kk£knvm and sodal dlstanclng re5trfctlons. We lost a couple of rEgular groups (Balt aThl SctyJts) and pleased wlth gymnast breas[w4 bLW)knngs. By Septttnber. a1 bcoklngs were In(Teaslng also.
ISLAND HOUSE COMMUNrrY CENTrE TRUSTEES REPORT (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021 sEcrioN D- ACHIEVEMEfus & PERFORMANCE {C¢ntlnued) Prèmlses Our Ilft was damaged by hirÈrs in Juty and the vrt>rk wlll be covered by wr Insurance cornpanyi the lift rynaimd of ion all year, causing some dL9ruptlon to V5ers. No other 5jnIfi0Tht was done prwnw thb year. SECTION E- FINANCTAL REVIEW R•s•rv•s Pollty Due to the flnèrtlal uncertalnty and des1 to conyftue Grnunfty Parents, the Ttee5 rduced e1 of dr(lonaj unrestrictsj reserves from 6 months core operddng exw6es tr1 3 monttrs, temwartly aThJ wlth the desire tr> IrKrease the8e agaln as seon ¥$ posslble. Prlnclple Sources of Fundlng £3,000 frotll East End Communlty Foundatknn forcommunlty Par•)ts £1,000 frorll Arnold aark Communty Fund for GENERAL £2.400 from Canary WharfGroup for 5KILL5 £2.500 from Charles S. French for HEALTH £8.000 frorn EQUIPlor SKILLS £io.otK)from Merchant Taylors Foundation for SKILLS £IO,OOOfrom One Houslng Group Icommunity Chest) for SKILLS £5,000 frorn Poplar & Umehouse Health Network IDrSKILLS £7.475 from Poplar & knmehou5e Health NetWOTk lor HEALTH £9,890 froTh The Natw)nal Lottery IAwards forAIII for REFRESH £4,997 from The NatK)nal Lottery IPlaces Called Homel for HEALTH £5,000 from T¢)wer Hamlets (Covid cmunitY Fund) for HEALTH £5,IX)O from Tower Hamlets IDiscreVonary 6rantsl for GENERAL £5,(X)O from Tower HaThlets ILoneliness Fundl for HEALTH £490 frotn Tower Hamlets Hornes AEALTH SEcfIoN G DE(IARATION Tru5te¢s Respon¥lbllltles The chae$ Att 2011 Ihe trteeS to ptEpare finandal statem for eath flnandal year whkh gfve a true fair view of thre of affalrs of trust and of sLS of trust ftsr that perlod. In preparlTrJ those finala1 statents the are re4ulreJ io: Seknt ac(nI1j and apY thun cortsL%t)tty Make jgeMents arm1 es¥mat¢s that are reasonaNe and prudent PEpare finaal staternent5 on golng o)rKern b85L5 unle55 15 Inapprgprlate to presume that the trust will continue in exist. The iru5tees are reSnsible for keewry proper acrounUNJ records, whiEh d&ckise $0¥ble accuracy at any tlme the finanoal EitiOn of the tru5L They are a150 resr51b12 for safegLHding th a55ets of the bwst and heTh2 for taking r&wnabk stS for WeV1tk)n and dotÈction of fraud and other Irregularycles, Dated . Full Name: /07/i S PRA SAUVAT Slgnd on thwr behalf by............ (Tnjsteel
ISLAND HOUSE COMMUNTfY CENTRE BALANCE SHEET AS AT 31sr DECEMBER 2021 Unre5tth Re5trfcted 31.Detr21 31-Detr20 Furn15 FUrS Total Total Flxed A96ets Invesbnents xtures & FirriThJs 44N54 IA76 44,454 1,476 89,837 1.968 Current As8ets Debtsrs Cash at bank and In hand 3,184 29,Y6 3,184 63,588 3,699 63,Ot14 34,042 Total CurTtnt Assèts 731 Cr•dltors: amounts falllThJ due wtthin one yeor io 1.500 1,5 4,430 NEf CURRENT ASSETS 31.231 34,042 65,272 62,273 TOTAL ASSEfs less Tre 77.161 34.042 111.202 154,078 NET ASSETS 77.161 34.042 111.202 IS4,078 GerrdI Funds Q)e55gnatsd Fur5 Re5trl(tsrJ Funds 19.532 57.629 19,532 57,629 34,042 60,284 89,837 3.957 34.042 Total Funds 77.161 34.042 111.20 154,078 Approved by the Trustee5 on ...... Slgned on thelr behalf by........... .. (Twstee)
ISLAND HOUSE COMMUNITY CENTRE STATEMENT OF FINANCIAL ACTivrriES FOR THE YEAR ENDED 31sr DECEMBER 2021 uNestrI Restricted TOTAL Furds Funts 2021 TiyfAL 2020 INCOME AND ENIX)WME14TS FROM: DoThatyons and Legacle5 7.757 73.262 81,019 156,785 Tradlng AcUvltl¢s 4b 73.281 73,281 51,579 Investmerts TOTAL INCOME 262 154.300 208 372 EXPENDThURE ON: Charttable AcVleS 130,FA)3 71.190 20L.793 279,018 TOTAL EXPENDITURE 71 190 201 793 NET INCOME/ EXPENDrnJRE -49f 1072 47A93 -7W646 Toial Funds Brought Forward 150,121 3.957 154,078 218,131 unreal Gains/LLse5 Qn RevalUaon of Investments 417 4.617 6,593 (fvertd & General Transf5 -28.013 28.013 TOTAL FUNDS CARRIED FORWARD 111 202 Movements on all selVeS and all TognISed galns and losses are sts)wn ab)¥e. All of the oryanlsabon operatJons are dassed as n¥jIr%J. The tK)tÉs on pages 9 to 15 forni partof these finaThl statements.
ISLAND HOUSE COMMUNrrY CENTRE NOTES TO THE FINANCIAL STATEMEpirs FOR THE YEAR ENDED 31sr DECEMBER 2021 I. ACCOUNTXNG POLICIES Incornlng Resourrns REwnltlon of Incomlng Re50UJ These are Induded in the sraternent of FtnatKlal VIe$ ISOFAI . the charlty becovnes ended to the re50urces,' . the trustees are vlrbjally ¢en they wll recdve the resources: and . the monetsry value can be a5vr&1 wtth wffic6ent roliabillty Where IOmINg resour have rekted extThltture (as wlth furnlrai5inq or contrdtt IrKomel UE IncornlTrg swrtr and lated expenditure are rwrted gross In SOFA. Gra•ts and Don4dons Grants and fknnatiors atp only IUd in the SOFA wh the charfLy ha5 uncorKJthnal entY(lement to the resources. Where the charity recelves gr6nt5 wjth corKIIUons for Its ment a swdfic level of ser¥te or outwt iv be provklod, such gnts are only in SOFA ore the charlty has provided the specmed senrice or outPUL These are only recogntsed In the aco)unts when a cornmrt has ten made aNJ there no tondltions io be met relat1 to a grant whlth remaln In Cymtrol of thE clwrty. Ir0m1ftg OUrCeS from tax rgJairn5 are [ludJ In the SOFA duThJ the same perlod a5 the glft tv whkh they rekte. Thls Is only Included in the SOFA once the goods or servi5 hd% been ddfvwed. Glfts Iv G1ft5 in klnd aro atrountej for at a reasoiiable e5tim&e of thE4r vae to charlty or amount athalty talwf. Gtfts In kind for Sale or dlstrotwtkn are Includ In the a(xx)unt5 as gift5 only when sold or distributed by the charfty. In klTh1 ft)r use ty the dmrity are In the SOFA as Incornlng reS(Wr when receivab. 1>gnat8d Setylres and FJdlltles These are only induded in IrKornirvJ (wlth an equlvabent amtsunt sOUrceS expended) where the beneflt to the charlty 1$ reasonably 4uantrfiable. rneawrdb arnl materfal. The value pked on se resources Is the estfjmated vafue to charty. The value of any voluntary help re1Ve Is Thjt [rKj in the acoyjnts but i5 de5Grfbed In the trust*4' annual rerA)rt. Inv8slm¢ntlncome Th1s1s included In the accounts when rfvaNe. ThL8 Included any galn or loss sde of Investments a1 any qaln or 1055 resultlThJ from reNalulThJ Investrnents to rnarket value at the ej of the year.
ISLAND HOUSE COMMUNrrY CENTRE NOTES TO THE FINANCIAL STATEMEp¥fs (contlnued) FOR THE YEAR ENDED 31sr DECEMBER 2021 Expendltur• and Ilabllltles Llabllity recognltknn Uablllties are D91$1 as soon as the Is a legal or Coruth oblbJath)n commlidng the tharlty to pay out re50urc£5. 1ce costs OF the preparatk)n and eamInatiOn of 5tatsJtory acmunts. costs of the thISte meetkngs and cost of any legal advke to trItee5 on govemance or txJnsbtiJbonol matters. Suppvrt Costs Support costs iKludE traI filt)n5 ar have been allted ts xtivity cost otegork5 on a bas conslsient with the use of the resources, e.g. alk)cating propety costs by th)or atEas. or per catha, staff Costs by tin speJ)t and other costs by Ulr uwe. There has been no change to the MInn9 dIc5 (variation rnles and melhJd5 of accounllngl slnce last year, NJ changes to the prewou5 acrmnts. Tanglble fixed assets (wlth the ex(EpVon of the la aThJ Iwlidlros) are caplklised If they tèn be Lsed for ore than orE year, 3j o>st at least £500. Tly a vakjed at co or, if gifted, at the value to the charfty on recdpt. Depreciathn 15 takula at a rate kn write off the c05t at 25% p.a. on a rdudThJ balarKe oyer [r estSrnated eful liv&, at the end of whith riod any refflainirvj iwk value on be wrftten off. Invesbnents quoted on a reu¥gnknJ stcck exclkpr¥Je are valued at market value at year end. Ba$ of pr•paratlon: The financlal statements have prepared on the h15tori(•l cost bas15 of xo)untlng In accordan with th¢ Charities Att 2011 and In &¢ordantr wfith applkAAe attounllng siandards. In prrt)arfng the finarKlal ststements the charity follow5 best as laid down in the StateryEnt Df Recommended Prdctl "Accwntfro aTrJ Rewrting by Charfties. IS¢W 20J5). 2. TA14GIBLE FIXED ASSEIS FlxturE5 & Ffftings Equlprnent Total Ul-lan-21 23,443 26,198 49,641 Addlllons Cost at 31-Dec-21 Depreclaoon Charge 01-Jartr21 23,443 24.230 492 47,673 492 Depretia0n at 31-Det-21 443 24.7 48,1 Net 0k Value Net Book Value 31-[-21 31--20 476 1,968 1,968 The annual commitments rK)n-catKelliDg opallThJ lease5 capiral comm5trnents are as fw5.. 2021- Tle (2020- none) io
ISLAND HOUSE COMMUNrrY CEf4TRE NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31sr DECEMBER 2021 3. FIXED Ass INVESTMENTS Unrestrhted Restricted TOTAL Funds Funds 2021 TOTAL 2020 Market value brought farward 89.837 89,B37 133,244 Les5 Sale procegts -50,000 -50,000 -50,000 Uwtreallsed gair(loS5es) In Investrnents 4.617 4,617 6,593 Market value canl&l forward 44,454 44,454 Thls Investment is held In COIF Inv¢stment Income Unts by 7hames North Trust on behalf of Wand House. 4. INCOME AND ENDOWMENTS FROM: Funds Funds 202L 2020 a) Donatlon$ and LegB¢l¢• Grants Trust Incne 73.262 78.262 2.757 151,163 5,622 2.757 73,262 81,019 156,785 b} Tradlng Acllvltles Letbngs and Rent Ftr and Export T3ffS other IncL¥ne 65.688 1,228 6,365 65,688 1,228 6,365 35.808 2.259 13,512 73.281 73,281 51,579 c) Investments Interest Ll
ISLAND HOUSE COMMUNrrY CEKfRE NOTES TO THE FINANCIAL sfATEMENTS {continued) FOR ThE YEAR ENDED 31sr DECEMBER 2021 5. EXPENDrtURE ON: Uarestrttsl Re5trfcted TOTAL FuFKts FuThJs 2021 TOTAL 2020 Chatltabl• Actlvlti sraff Costs 5tsff saL?s Temporary Stsff Recruitrnent Pfftmlses Cott UlitieS Fa¢lliUes and MalntenarKe Repairs Runnitvj C¢>sts Insuran Statkjnery arkl P05We Telephone and tr Copl Subscrlpuons and Boo EqUlprynt Purthases Stsff Training arml Q)nfererKes E¥ents & Other Hlre ProJKt Cosis Travel Independent Examlnatlon Legal and Profe5$knl Fees Other Costs Depreclation li 97.902 60,226 158,128 50 216,709 302 5,232 10,155 755 5,232 10,155 755 7,841 5.957 86S 2.963 661 8,012 1.770 507 2,963 661 8,080 1,770 652 3,660 457 10,352 3,202 559 249 671 24,399 20 1,500 720 l45 472 472 10,593 10,593 i.soo 182 1,500 290 492 492 655 190 201 793 279.018 6. CASH AT BANK AND IN HAND Unttslrk*ed Re5trthd Totsl Total Fund Fund 31_De¢-21 31-Dec-ZO Current Acmunt Peity Cash BuSIS P£count I3.0 34.042 47,542 46,707 97 16,200 16,CA6 16,046 63.588 63.004 L2
ISLAND HOUSE COMMUNrrY CENTRE NOTES TO THE FINANCIAL sfATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021 7. FUNDS Transfer between Tranr of Balance Funds EXPendre OverlB3d5 31-Dec-21 01-)an-21 Intome Restrlrted Fund5 ABLEI SKILL Healih & WellbettyJ Comnyjnlty Parents PrDJttt REF 3,957 35,400 24,972 19,480 1.583 48,400 1.727 -12,997 -2,515 6,880 20,874 45,400 9,890 -1.875 6,288 -17 87 Unrestrl(ed Funds GerEftl Funds Designated Funds ilding Fund Spedal Purposes Legxy Fund 60,284 85.655 -13,192 130,603 17,387 19,532 57.629 57,629 32,208 -32,208 150.121 130.603 Total8 154 78 REsfRxcfED FUNDS: Communlty P•rents ProJeLt (trP) - a volunteer trdlnir#J and peer supwjrt prograrnme for flrst Ume pregTrt murns on the Ie of Dogs called 'Communlty Parthts". slL5. This is the contlnuatbn of ABLE project. "Tr47n5fer of OverheIs-. Funder5 are asked to ilK8t& pOrn of restslcted pmject funds are usecl tg cover costs Incwred by 1sl&nd House Itself In ddiverFng the pmject outputs and to contribute to our central support and core thritable llnIng costs. as detslW in tf fvnG4irMJ applKallonk 71Fa5e a shown as Yrnnsfws of ovÈrtwits-. DESIGNATED FUNDS: Repalrs Fund: A t)esgnated Pu1 set a51de to deal wlth repalrs Id¢mlJfi&l by quinquennlal suweyorfs reports, to be added LD on an artnual basi% by an ant hlentyfied In the budget, with aLtual repalr costs cl¥ryed to thls fijnd. ThLs enable5 property repalrs to avuagEd out over a Nmber of years. Spedal Purposes LegaLV Fund:. A DesIgnal FuThl created from the balarx of past legaclLs. kept to fund QKcaSnaI and exceptional, on-reCurrITr] expeIltU not Ij in the annual bLlget. 13
ISLAND HOUSE COMMUNrrY CEPtrRE NOTES TO THE FINANCIAL sfATEMENTS (contlnued) FOR THE YEAR ENDED 31ST DECEMBER 2021 8. ANALYSXS OF NEfA8sYrs BY FUND Tot•1 31-D•c-21 31-Dec-20 Fuwjs Fund5 Flxed A55ets and Invethents Current A55ets Lkbllltles ,'am¢Junts falllTrJ due thIn one yearl 45,930 32,730 45,930 66,772 91,805 66,703 34,12 -1,500 -1.500 4,430 9. DEBTORS AND PREPAYMENYS Unre5tricW Total Total Fund FuThJ 31-De¢-21 JI-D20 SuThlry Debtors 3,184 3,184 3,699 699 10. CREDITORS ACCRVALS AND DEFERRED XNCOME: AMOUNTS FALUNG DUE TIIITHIN ONE YEAR FUWKI FurKi 31-Dec•21 31-Detr20 Cr&YltotS: Futhls Gerral 2,930 1,500 1,500 1,5CK) 11. STAFF COSTS AND IIUMBERS 31-Detr21 31-Dec-20 Gross Wages and Salarks Employer's NalknTral InSurall thsts Employer Pertslon O)ntrlhutN)T 127,6r5 7,235 2.671 201,947 9,843 4,131 215 921 IHCC were partkulatty affted by aJThent Incorr gerErating condlb"on5. Our hard work and efforts io s&£ure r*w fundlTrJ strearr6 to conilnue the h3hty resPECted Com¢nunity F4miiie5 Programme were not successful. As a result of thls, progrdmwE had io ck>5e staff redurn1anL The E32,208.OOplu5 13,192.00 - £45,400.00 w65 used to fl11 CommunSty Famllle5 prograrn iund3ncy (xist5 In 2021. Emp were engaged In th8.. 31-Detr21 31-Do20 TOTAL TOTAL 11 No employees retrw ern0Ments In eYce5s of £60,0. W are pahj thrwh the PAYE system. 14
ISLAND HOUSE COMMUNrrY CEKfRE NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31ST DECEMBER 2021 12. TRusfEES AND OTHER RELATED PARTIES No payments were made to trustees or any p&sors Connred ¥4ith thom dUrj thls flnandal perlod. No mètertal transactM)n took platr betv•een ¢ryanbaOn a tritstee or persen cOnnettl with thÈm. 12019.. None) L3. FREEHOLD PROPERTY The charfty occuples freel[1 tKopth at Roserton Stre& Ie of Dogs. London, E14 3PG, whlth ts held by thame5 North Tnst Unlted Reformed Churth as the ojstodlan LneE, Tharnes North Trust 15 a company IlmiteAI by guardntee, 4EgISte IA ETrJknd M). 75432, registe charlty Do. 1022551. The replacemeni vakJÈ of the bulldlii g for Irtsurance purpose5 wa5 £1,536,230 at 31st Deer 2017. propvty Is not IlL1 In the 7Kcounts as the IaTl House Community Cent charlty Is not the register1 proprieLtir, does not have the rfght of sale and cannot determine what mlyhi happen to any prod$ ofsale. L5
ISLAND HOUSE COMMUNrrY CENTRE INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS Report to the tN5tees of 151and Htmse CImnnY Centre on the acLrunts for the yw ended 3Lst December 2021 set out on page5 6 ts> 15. Respeclv• r•sponslbllltles of tru%tees and •xamlner charlty's trustee5 are re5pon&iNe for the preparation of the counts. The IrLtstees COnder that an audr( t rUired th15 year utKIw 144 of the Charltks Act 2011 (the Act) and that an Independent examlnation Ls n1&1. It Is my re5ponslbllty to.. mine the sccwrts uThler section 145 of the Act; to folk)w thE PrcedureS down in General DlreLtiO given by the Charlty Commisskjn under sÈcbon 14515){bl of the Affj and,. to state whthr partltsjlar matters have come my attentknb. B4$18 ol Inlepend¢nt wimIn¥ st•t4m¢ My examlnatlon carrtal out In ac01rdar wrth g?1 tlir£tiorts gl¥Èn by thÈ Charty ComrDI5tsrt. An exarnlnaon includes a Teview of the records kept by tho thamty and a comparfsDn of the accounts preTrted t)se records, It aL%o iKludes cortseratn of any unusual Items or dlsdosuras In the accounts, and seeklng explanatbrts from the bitsstees COnmIng matters. Tr pedU$ uTrJertaken do Tr)t wovide all the evlderKe that wwbj be JEqulra1 In an audlt. oUentIY no opinion Is glven as to whether the accounts present a and falrf vW and the rerA)rt Is Ilm61ed ts t Mat set out In the ststemert below. Xndependent examlnrfs slaternE In wnne¢Uon w my examlnatknn, r mattpr has ¢))n my attenon. whkh glves me reasonable cajse to believe that In. any Thterfal re5pe¢ the trustees have not rnet the requirements to erUre that.. prOp2rantig r[5 are k8Pt lIh tI)n 130 ofthe AL}" and atxxiunts prepared Ythith %*ith the r8tx)rd5 arKI IyVlh the attxyjrfng rewlrementsof th8 Art or 2. to whkh, In my oplnkn. auenljon th)uld be drawn In order tv enolAe a proper understanding of th2 cwunts b) be ch&. K Gomes MAAT Indepet Examlws Lh1 Unfit 2. The Broadf(elds Buslness Centre Delllrvj Lane, Bosharn W. Sussex POI8 6NF Sbjned . Date . 20.7.22 16