**Charity Registration Number: 1128207 Company Registration Number: 04975299**
**SOUTH HAMPSTEAD AND KILBURN COMMUNITY PARTNERSHIP (A COMPANY LIMITED BY GUARANTEE)**
## **FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 MARCH 2021**
## **South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Legal and Administrative Information**
Directors F M Eley J A Burdon M Stuart P A Oman Dr R B Gilbert (Chair) A Erlich (Resigned 16/11/2020) Dr Luca Gallo (Treasurer)(Resigned 16/11/2020) C James(Deceased 4[th] January 2021) Chief executive officer John Boyle Secretary John Boyle Finance officer Mohamed Jaseem Company number 04975299 Charity number: 1128207 Registered office 109 Rowley Way Abbey Road London NW8 0SW Independent examiners Goldwins Chartered Accountants 75 Maygrove Road London NW6 2EG
## **South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Index to The Financial Statements**
## **For the Year Ended 31 March 2021**
||**Page**|
|---|---|
|Trustees'and Directors’Report|1|
|Independent Examiner’s Report|10|
|Statement of Financial Activities|11|
|Balance Sheet|12|
|Notes to the Financial Statements|13|
**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
The trustees, who are also directors of the charity for the purposes of the Companies Act, submit their annual report and the financial statements for the year ended 31 March 2021. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.
## **Structure and governance**
The charity is regulated by its Memorandum and Articles of Association incorporated on 25 November 2003 as amended by special resolution on 22 January 2009.
The company is limited by guarantee and therefore has no share capital. Every member of the charity undertakes to contribute such amount as may be required, not exceeding £1, to the charity’s assets if it should be wound up while they are a member or within one year after they cease to be a member.
The company’s charitable status was confirmed by the Charity Commission on 24 February 2009.
Training is and will continue to be provided as and when trustees are inducted.
## **Trustees’ responsibilities**
The trustees, who are also directors of the company for the purposes of company law, are responsible for preparing the Trustees’ 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 the year. In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.
observe the methods and principles in the Charities SORP.
make judgements and estimates that are reasonable and prudent.
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements.
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
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.
Disclosure of information to independent examiner
Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the independent examination, but of which the independent examiner is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the independent examiner is aware of such information.
## **Risk assessment**
The charity has a policy of identifying, monitoring and managing risks that might adversely affect the activities in which it is involved. Risk is defined as the potential to fail to achieve the charity’s objectives and for loss, whether financial or reputational.
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
**Trustees’ and Directors’ Annual Report**
**For the Year Ended 31 March 2021**
During the year the charity has been identifying, evaluating, and managing the significant risks it faces, and these are reviewed by the Trustees regularly. Where risks have been identified appropriate action has been taken to mitigate them.
## **Reserves policy**
The charity’s reserve policy is to maintain sufficient reserves to enable operating activities to be maintained, taking account of potential risks that may arise from time to time. This policy is reviewed regularly by the Trustees.
## **Principal Activities**
The principal activity of the charity is to fulfil its objects in Camden and particularly within a one-mile radius of Rowley Way Tenant’s Hall. The main objects are:
- To provide recreational and leisure-time activity in the interests of social welfare for people in the Area of Benefit who have need by reason of their youth, age, infirmity or disability, poverty, or social and economic circumstances to improve their conditions of life.
- To relieve poverty and unemployment, advance education and to foster understanding between people of different ages and backgrounds.
- To support young people (under 25) with positive activities which develop their skills, capacities and capabilities and promote their participation in society as independent, mature, and responsible individuals.
- To achieve the above objectives by associating together the said inhabitants and the local authorities, voluntary and other organisations in a common effort to advance education and social welfare.
The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities.
## **Volunteers**
The charity is grateful for the unstinting efforts of its volunteers whose efforts are invaluable to the running of the charity.
## **Annual Report**
**The South Hampstead and Kilburn Community Partnerships** is a resident led charity based on the Alexandra and Ainsworth estate in the Kilburn Ward of Camden, London, dedicated to supporting residents and young people living in an area of high deprivation.
**Our Mission** is to work with local young people and adults to improve wellbeing, inclusion and life chances by nurturing talents, passions, skills and confidence.
**Our Vision** is of a place where everyone can live, learn and grow together.
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
This is the 18th year of SHAK’s operation, running the SHELL community learning centre and ARC youth club on the Alexandra and Ainsworth, an area of iconic brutalist architecture and multiple social and economic challenges.
The area we work in is densely populated and among the top 10% most deprived areas in England based on income deprivation and income deprivation affecting older people.
In November 2019, there were 345 unemployment claimants in Kilburn, ranking 2nd highest by ward. Between November 2018 and November 2019, the count increased by 115 (50%), higher than the rate of increase across Camden (45%).
The latest data for Kilburn ward shows that the life expectancy at birth for a male in Kilburn is 77.5 years compared to the Camden average of 82.1, ranking lowest amongst Camden wards. For a female, average life expectancy is 82.7 years compared to the Camden average of 86.5 ranking 2nd lowest in the borough.
This year was dominated by the COVID pandemic which heavily disrupted and changed the way we operate as we rose to challenges we have never faced before. This shows in headlines below with numbers reduced due to effects of lockdown closing our face-to-face delivery for large parts of the year and limiting or changing the way we could operate at other times.
## **SHAK Headlines for 2020-21**
- Launched an emergency COVID helpline which residents could call for support taking up to 20 calls per day
- Recruited at least 30 volunteers who carried out shopping trips and home visits to check people were OK.
- Distributed over 2000 meals and provided ingredients, shopping vouchers and recipe ideas, encouraging people to cook healthy meals on a budget.
- Continued to provide employment and digital support online and by phone, supplying internet-enabled tablets to people without internet access.
- Co-ordinated online meetings about lockdown, vaccination and 5 pop up vaccination days with partners and volunteers
- **320 (434)** individual users
- **2073 (4116)** attendances
- **388 (510)** sessions delivered.
## **The SHELL Centre**
The South Hampstead Education and Life-Long Learning (SHELL) centre spreads across two former laundry rooms on the edge of the estate, and offers courses including computer literacy, employment preparation, English, numeracy, community research, money management, craft skills healthy cooking and other vocational courses, plus social gatherings.
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
## **Achievements**
In this COVID year the centre became a hub of support from the local community. From here we organised shopping and other errands for those isolating at home. We also distributed food, ingredients, recipes, computer tablets and supported people with low online skills to navigate the new landscape which they were compelled to use. We regularly called around our users and paired residents together so that contact was maintained and those isolating felt more supported.
Shak Chef project was a highlight of the year at the centre giving out healthy ingredients and recipes to residents with support from the Edward Harvist Trust. We then got staff volunteers and residents involved in making meals at home and sharing by film on social media to inspire others. Altogether supported making of 468 healthy and economical meals at cost of 63p per head.
Over 2020-21 SHAK Community Partnership engaged **124** adults through a combination of online, face to face and hybrid models of delivery. Examples include online sessions how to improve a CV, Interview online, Using technology for things like shopping, applying for benefits, sending pictures, using online calls, using devices such as tablets etc, Cooking, Wellbeing Café online meetings where the group discussed ways to maintain wellbeing.
## **Reach**
- **56%** from 30% most deprived (Indices of Multiple Deprivation 2019)
- **65%** Black And Minority Ethnic (BAME) & Minority White.
- **19%** Self-declared disability or learning difficulty.
- **42%** Aged over 60.
## **Feedback**
- **100** % thought the Information and Guidance was “very good or good”
- ● **100%** thought the teaching and learning was “very good or good”
- **79%** thought the place they attended was “very good or good”
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
## **Impact**
**In our impact surveys we found:**
- **I can share what I've learnt with others= 57%**
- **I feel more prepared to look for work-=57%**
- **I've made new friends from different backgrounds =57%**
- **I'm more active and healthier =71%**
- **I've learnt that I like learning =71%**
- **I feel happier =86%**
- **I'm more confident =86%**
## **Quotes**
_Life can throw a curve ball when you least expect it, having support throughout the pandemic has been a great help for people in my situation, a position I never thought I would be in !!!_
_From my CV, to cover letters, to having the confidence in my interview skills. I learned so much! Without this I wouldn’t of found my job so quickly_
_My husband is in the vulnerable group and we are selfisolating. Shell provided me a volunteer to do my shopping until I got supermarket slot priority. A big THANK YOU ALL for your help. Great job_ !
_“I used to sit the children in front of the television while I cooked, now I set aside time to cook meals with the children”_
## **Community Champions**
SHAK was commissioned to deliver Community Champions in Kilburn, a three-year programme to deliver resident-led approaches to health and wellbeing. The project launched in March 2020 and is focussed on housing estates in three areas in Camden (Regent’s Park, Kentish Town and Kilburn).
Camden Public Health fund a Champion Co-ordinator, hosted by a community organisation in each of the three areas. The co-ordinator role is focussed on engaging with residents to understand their priorities to improve health and wellbeing, and to recruit and support a network of Champions to deliver activities and initiatives to address these issues.
The community organisations hosting the projects, and the estates on which they are working are:
- **Fitzrovia Youth in Action** – Regent’s Park estate
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
- **SHAK** – Kilburn (Webheath, West End Sidings, Kilburn Vale and Kingsgate)
- **Elfrida Rathbone** – Kentish Town (Torriano, Peckwater, Kenbrook and Osney Crescent)
## **Kilburn**
The Kilburn project is focussed on four estates in the areas, and a key focus of the co-ordinator since coming into post in July 2020 has been on building initial engagement with residents across the estates despite COVID restrictions.
A series of community events over the summer months has really helped to build momentum on the project, and begin to address the priorities identified through resident engagement to date (summarised in diagram below).
## **Initial priorities identified by**
## **Kilburn residents.**
## **Initiatives delivered by Kilburn Champions to date include:**
- Online family cooking sessions, including provision of food kits so people can make the recipes at
- home.
- Two community events to engage residents and get their ideas for transforming a
- disused green space on Kilburn Vale estate.
- Supporting a gardening project on Webheath estate, including sourcing tools that disabled and older
- residents can use for gardening.
- Soft tissue massage for older people in a local sheltered housing scheme, provided by a community
- champion volunteer.
- Seed giveaways to encourage small gardening projects.
- Litter picks around the estates, which are now a regular event.
- Supporting the Covid-19 vaccine bus, when it was based in the Kilburn area
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
## **ARC Youth Club**
The ARC Youth Club is a purpose-built youth space in the middle of the estate and includes a fully equipped music studio and recording room, kitchen, games, computers, WIFI and space for activities.
In 2020-21 despite lockdowns closing and restricting the service we had **1058** attendances, engaging **196** young people (9 to 19 years) over **159** sessions, including weekly evening youth club and studio sessions during term time and holiday activities. Football sessions proved popular when able to run with **139** taking part.
During the pandemic we worked with young people to record their thoughts, feeling reflections about lockdown in a podcast audio recording in partnership with Young Camden Foundation.
- Cooking workshops every Wednesday on Instagram live,
- Online music workshops
- Discussion forums for young people
## **Holiday activities**
Summer provision was allowed during 2020 as we worked towards reopening the ARC
We adhered to National Youth Association guidelines for Amber readiness level.
This meant we were allowed 12 young people into youth club at the beginning of summer holidays.
We provided 2 meals per day for young people that we worked with. We worked with 48 young people over a 5-week period
Young people organised their own small-scale events over summer, including a fruit eating competition, tik-tok dance contest and a games competition.
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
## **Reach**
- At least 90% of young people we work with come from the local area, which is rated as the 10-20% most deprived in England (Indices of Multiple Deprivation)
- 87% of young people we work with come from Black and Minority Ethnic (BAME) background.
## **Impact**
- **55** recorded development outcomes including improved confidence, communication, artistic, sports, music, cooking, etc.
- **13** Accredited awards - Film making, Event organising and sports awards.
- **32** Young people became involved in organising and supporting at community events
- **83%** of young people stated that the summer activities have made them feel happier
## **Young people said they learned:**
‘ How to be kind’ ‘How to build in minecraft’ ‘How easy it is to create home decor’ ‘Piano’ ‘How to play piano, drums and ping pong’
## **Activities they enjoyed included:**
‘The trips’ ‘The cinema’ ‘Going to the sports centre’ ‘Going on trips and going in the studio’
## **SHAK Partnerships**
Partnerships allowed us to increase capacity and diversify activities for which we thank all our partners. By working with different organisations, we were able to do more. For example:
Alexandra & Ainsworth Tenants & Residents Association-Holiday activities North Area Youth Partnership - Sidings Community Centre, The Winchester Project, Camden Community Centres Consortium C4 Just Kick football sessions Alix Smith (visual artist) Camden Youth Safety week 2020 Young Camden Foundation The Winchester project Sidings Community Centre Mind in Camden Talacre community sports centre Pirate Castle
## **SHAK Governance & Volunteers**
The board of trustees has continued to develop playing a vital role in governance and support of the staff team. We thank our trustees for all their voluntary work.
We also thank all everyone else who has supported our work in a voluntary capacity e.g. Supporting Learning, organising social events, facilitating workshops for young people, helping organise community events etc.
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**South Hampstead And Kilburn Community Partnership (A Company Limited by Guarantee)**
## **Trustees’ and Directors’ Annual Report**
## **For the Year Ended 31 March 2021**
A special thanks to all our funders without whose support none of this would be possible.
## **Financial review**
In 20-21 SHAK continued to be sub- contracted by Camden Adult Learning, Camden Youth Service, Camden Strategic Partners. We also received funds from Children in Need, The Young Londoners Fund & the European Social Fund as part of the Equip employment project. A new lottery project was suspended until April 2021 and we successfully applied for an emergency lottery grant to support our emergency Covid response. We continued to receive funds from the Young Camden Foundation as part of the Holiday Activities & Food project for young people. We also received funds for COVID support from the Food Power project, The Edward Harvist Fund, Hampstead Wells & Campden Trust and Pears Foundation. We were commissioned to run the Community Champion project in Kilburn.
A big thank you to all our funders in 2020-21.
We have not borrowed or invested any funds and aim to provide services within the funding available.
We continuously aiming to attract funding from a wide variety of sources – Grants, donations, direct fundraising etc. to optimise the income available to provide a wide range of services to the community.
## **Independent Examiners**
A resolution proposing that Goldwins Ltd be re-appointed as Independent Examiners of the charity will be put to the Annual General Meeting.
This report has been prepared in accordance with the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” and the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
On behalf of the board
……………………
Russell Gilbert Date: 26.01.2022
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## **Independent Examiner’s Report to the trustees of South Hampstead and Kilburn Community Partnership**
## **Year ended 31 March 2021**
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31[st] March 2021.
## **Responsibilities and basis of report**
As the charity’s trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
## **Independent examiner’s statement**
Since the company’s gross income exceeded £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 Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination; or
4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
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.
..................................................................
**Anthony Epton BA, FCA, CTA, FCIE Goldwins**
Date: 26 January 2022
**Chartered Accountants 75 Maygrove Road West Hampstead London NW6 2EG**
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## **South Hampstead and Kilburn Community Partnership**
## **Statement of Financial Activities Including Income and Expenditure Account**
## **Year ended 31 March 2021**
**----- Start of picture text -----**
Note Restricted Unrestricted Total 2021 Total 2020
£ £ £ £
Income from:
Donations - 22,695 22,695 5,200
Charitable activities 3 307,236 - 307,236 263,808
Investment income 4 - 69 69 2,460
Other income - 550 550 -
Total income 307,236 23,314 330,550 271,468
Expenditure on:
Charitable activities 296,108 (3,751) 292,357 221,818
Total expenditure 5 296,108 (3,751) 292,357 221,818
Net income for the year 11,128 27,065 38,193 49,650
Transfer between funds - - - -
Net movement in funds 11,128 27,065 38,193 49,650
Reconciliation of funds:
Total funds brought forward 127,435 57,244 184,679 135,029
Total funds carried forward 12 138,563 84,309 222,872 184,679
**----- End of picture text -----**
All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. The attached notes form part of these financial statements.
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## **South Hampstead and Kilburn Community Partnership**
## **Balance sheet**
## **As at 31 March 2021**
**----- Start of picture text -----**
Note 2021 2020
£ £
Tangible fixed assets 8 - -
Current assets:
Debtors 9 800 50,000
Cash at bank and in hand 232,592 140,392
233,392 190,392
Creditors: amounts falling due within one year 10 (10,520) (5,713)
Net current assets 222,872 184,679
Total net assets 222,872 184,679
Funds: 12
Restricted funds 138,563 127,435
Unrestricted funds: 84,309 57,244
Total funds 222,872 184,679
**----- End of picture text -----**
For the financial year ended 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
## Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
Approved by the trustees on ……………………………… and signed on their behalf by: 26.01.2022
……………………………………
**Russell Gilbert Director**
## **Company registration no. 04975299**
The attached notes form part of the financial statements.
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## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **1 Accounting policies**
## **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 - effective 1 January 2015) - (Charities SORP FRS 102) and the Companies Act 2006.
The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.
## **b) Going concern**
The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. 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.
## **c) 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 for the provision of specified service is deferred until the criteria for income recognition are met.
## **d) Donations of gifts, services and facilities**
Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation 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), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.
On receipt, donated gifts, 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.
## **e) 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.
## **f) 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.
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## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
- **1 Accounting policies (continued)**
## **g) 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:
- Costs of raising funds comprise of trading costs and the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.
- Expenditure on charitable activities includes the costs of delivering services to further the purposes of the charity and their associated support costs.
- Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## **h) Allocation of support costs**
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity and its activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities.
## **i) Operating leases**
Rental charges are charged on a straight line basis over the term of the lease.
## **j) Tangible fixed assets**
Items of equipment are capitalised where the purchase price exceeds £1,000. Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life on a straight line basis. The depreciation rates in use are as follows:
Play Equipment Straight Line over 2 years Computer & Music Equipment Straight Line over 3 years Office Furniture Straight Line over 5 years
## **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) 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.
## **m) 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.
## **n) 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.
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## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **2 Detailed comparatives for the statement of financial activities**
|**Income from:**
Donations
Charitable activities
Investment income
**Total income**
**Expenditure on:**
Charitable activities
**Total expenditure**
**Net income for the year**
Transfers between funds
**Net movement in funds**
**Reconciliation of funds:**
Total funds brought forward
**Total funds carried forward**
**Income from charitable activities**
Alexandra and Ainsworth Estate
BBC Children In Need
Big Lottery Fund
Mind In Camden London
LB of Camden
Paddington Development Trust (PDT)
Pears Foundation
The Hampstead Wells and Camden Trust
Young Camden Foundation
Young Londoners Fund|**Restricted Unrestricted**
**Total**
**2020**
**2020**
**2020**
**£**
**£**
**£**
-
5,200
5,200
263,088
720
263,808
-
2,460
2,460
**263,088**
**8,380**
**271,468**
226,594
(4,776)
221,818
**226,594**
**(4,776)**
**221,818**
**36,494**
**13,156**
**49,650**
**-**
**-**
**-**
**36,494**
**13,156**
**49,650**
90,941
44,088
135,029
**127,435**
**57,244**
**184,679**
**Unrestricted**
**Restricted**
**Total**
**Total**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
-
800
800
800
-
12,808
12,808
9,605
-
37,809
37,809
41,836
-
720
720
720
-
199,819
199,819
170,236
-
10,995
10,995
8,996
-
5,000
5,000
-
-
1,000
1,000
-
-
11,170
11,170
4,500
-
27,115
27,115
27,115
**-**
**307,236**
**307,236**
**263,808**|
|---|---|
## **3 Income from charitable activities**
## **4 Income from investments**
|Bank interest
Rent|**Unrestricted**
**Restricted**
**Total**
**Total**
**2021**
**2021**
**2021**
**2020**
**£**
**£**
**£**
**£**
69
-
69
278
-
-
-
2,182
**69**
**-**
**69**
**2,460**|
|---|---|
- 15 -
**Year ended 31 March 2021**
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **5 Analysis of expenditure**
|Salaries and other staff costs
Bank charges
Computer, internet and website expenses
Other direct costs of charitable activities
Premises expenses
Sundry expenses
Telephone
Independent examination fee
Legal & professional fee
Support costs
Governance costs
**Total expenditure 2021**
**Total expenditure 2020**
Independent examination fee prior year
adjustment|**Charitable**
**activities**
**Support costs**
**Governance**
**Costs**
**Total 2021**
**Total 2020**
**£**
**£**
**£**
**£**
**£**
171,731
46,529
-
218,260
_170,763_
-
429
-
429
_358_
-
11,056
-
11,056
_2,389_
15,207
-
-
15,207
_6,984_
14,143
27,113
-
41,256
_36,251_
-
87
-
87
_567_
2,157
-
-
2,157
_1,511_
-
-
1,900
1,900
_1,800_
-
-
200
200
_-_
-
1,805
-
1,805
_1,195_
**203,238**
**87,019**
**2,100**
**292,357**
**221,818**
87,019
(87,019)
-
-
2,100
-
(2,100)
-
**292,357**
**-**
**-**
**292,357**
221,818
-
-|
|---|---|
Of the total expenditure, £296,108 (2020: £226,594) was restricted and £-3,751 (2020: £-4,776) was unrestricted.
- 16 -
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **6 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel**
|Staff costs were as follows:
Salaries and wages
Social security costs
Pension costs
Other staff costs|**2021**
**2020**
**£**
**£**
199,894
153,930
11,989
8,319
4,630
3,924
1,747
4,590
**218,260**
**170,763**|
|---|---|
None of the employees received employee benefits (excluding employer pension) during the year over £60,000 (2020: None).
The total employee benefits including pension contributions of the key management personnel were £49,985 (2020: £47,466).
The charity trustees were not paid or received any other benefits from employment with the charity in the year (2020: nil) neither were they reimbursed expenses during the year (2020: nil). No charity trustee received payment for professional or other services supplied to the charity (2020: nil).
The average number of employees (head count based on number of staff employed) during the year was 10 (2020: 9).
## **7 Taxation**
The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
## **8 Tangible fixed assets**
|**Cost**
At the start of the year
Additions
Disposals
At the end of the year
**Depreciation**
At the start of the year
Disposals
Charge for year
At the end of the year
**Net book value**
Brought forward
Carried forward|**Fixtures**
**& Fittings**
**Total**
**£**
**£**
6,465
6,465
-
-
-
-
6,465
6,465
6,465
6,465
-
-
-
-
6,465
6,465
-
-
-
-|
|---|---|
All of the above assets are used for charitable purposes.
- 17 -
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **9 Debtors**
|Grants receivable
**Total**
**Creditors: amounts falling due within one year**
Other creditors
Accruals
**Total**|**2021**
**2020**
**£**
**£**
800
50,000
**800**
**50,000**
**2021**
**2020**
**£**
**£**
8,620
4,063
1,900
1,650
**10,520**
**5,713**|
|---|---|
## **10 Creditors: amounts falling due within one year**
## **11 Analysis of net assets between funds**
|**Year ended 31 March 2021**
Tangible fixed assets
Net current assets
**Net assets at the end of the year**
**Year ended 31 March 2020**
Tangible fixed assets
Net current assets
**Net assets at the end of the year**|**General**
**unrestricted Restricted**
**Total**
**funds**
**£**
**£**
**£**
-
-
**-**
84,309
138,563
222,872
**84,309**
**138,563**
**222,872**
**General**
**unrestricted Restricted**
**Total**
**funds**
**£**
**£**
**£**
-
-
**-**
57,244
127,435
184,679
**57,244**
**127,435**
**184,679**|
|---|---|
- 18 -
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **12 Funds**
## **Year ended 31 March 2021**
|**Restricted funds:**
BBC Children in need
BBC Children in need - Booster
Big Lottery Fund: Reaching Communities
Big Lottery Fund: Emergency Fund
Hampstead Wells and Camden
LB of Camden: Capacity Building
LB of Camden: Camden Community Champions
LB of Camden: Community Infrastructure Levy
LB of Camden: Community Infrastructure Levy -
Covid 19
LB of Camden: Edward Harvest Fund
LB of Camden: Food Power
LB of Camden: Healthy Families
LB of Camden: Rent
LB of Camden: SHAK Refurbishment
LB of Camden: Strategic Partner
LB of Camden: Youth Work Fund
Mind in Camden (CAP)
Paddington Development Trust
Pears Foundation
Young Camden Foundation - Food Hub
Young Camden Foundation - Digital
Young Camden Foundation - HAF
Young Londoners Fund
Skills Funding Agency
Tenant Residents Association
**Total restricted funds**
**Unrestricted funds**
**Total Funds**|**At the start**
**of the year**
**Income Expenditure Transfers**
**At the end**
**of the year**
**£**
**£**
**£**
**£**
**£**
541
9,776
(8,457)
-
1,860
-
3,032
(3,032)
-
-
6,203
-
(6,203)
-
-
37,809
(37,809)
-
-
-
1,000
(1,000)
-
-
1,723
-
(1,723)
-
-
50,000
50,000
(32,037)
-
67,963
5,650
-
(5,650)
-
-
15,125
(9,661)
-
5,464
-
4,810
(4,810)
-
-
-
18,000
(6,297)
-
11,703
8,306
-
(8,306)
-
-
10,000
(10,000)
-
-
-
10,262
(10,262)
-
-
14,513
38,369
(41,433)
-
11,449
14,913
29,253
(28,760)
-
15,406
-
720
(720)
-
-
6,831
10,995
(15,637)
-
2,189
-
5,000
(5,000)
-
-
-
5,000
(5,000)
-
-
-
4,738
(4,738)
-
-
-
1,432
-
-
1,432
16,755
27,115
(25,031)
-
18,839
-
24,000
(21,742)
2,258
2,000
800
(2,800)
-
-
**127,435**
**307,236**
**(296,108)**
**-**
**138,563**
**57,244**
**23,314**
**3,751**
**-**
**84,309**
**184,679**
**330,550**
**(292,357)**
**-**
**222,872**|
|---|---|
- 19 -
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **12 Funds (continued) Year ended 31 March 2020**
|**Restricted funds:**
BBC Children in need
Big Lottery Fund: Reaching Communities
LB of Camden: Capacity Building
LB of Camden: Camden Community Champions
LB of Camden: Rent
LB of Camden: Strategic Partner
LB of Camden: Youth Work Fund
Paddington Development Trust
Young Camden Foundation - Food Hub Young
Londoners Fund
Skills Funding Agency
Tenant Residents Association
Wates Family Trust
**Total restricted funds**
**Unrestricted funds**
**Total Funds**|**At the start**
**of the year**
**Income Expenditure Transfers**
**At the end**
**of the year**
**£**
**£**
**£**
**£**
**£**
-
9,605
(9,064)
-
541
45,302
41,836
(80,935)
-
6,203
3,000
2,945
(4,222)
-
1,723
-
50,000
-
-
50,000
-
10,000
(10,000)
-
-
9,120
38,369
(32,976)
-
14,513
7,803
25,322
(22,012)
3,800
14,913
-
8,996
(2,165)
-
6,831
-
4,500
(4,500)
-
-
-
27,115
(10,360)
-
16,755
10,000
12,000
(22,000)
-
-
5,000
800
-
(3,800)
2,000
5,117
-
(5,117)
-
-
**90,941**
**263,088**
**(226,594)**
**-**
**127,435**
**44,088**
**8,380**
**4,776**
**-**
**57,244**
**135,029**
**271,468**
**(221,818)**
**-**
**184,679**|
|---|---|
## **Restricted funds:**
Purposes of the restricted funds as follows:
## Hampstead Wells and Campden Trust
Provide Food for families in need.
## Tenant Residents Association
Contribution towards youth project.
## Skills Funding Agency
To fund learning programmes at the SHELL Centre.
## LB of Camden: Youth Work Fund
Funding towards Youth Services at ARC Centre.
## Big Lottery Fund: Reaching Communities
Funding for SITE (SHELL Involvement, Training and Empowerment) project, including the staffing and running costs of the project.
## Big Lottery Fund: Emergency Fund
To support covid emergency response.
- 20 -
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **12 Funds (continued)**
## LB of Camden: Rent
This represents the value of the annual rental of property made available to the charity by Camden Council for the running of the ARC Youth Club.
## LB of Camden: Strategic Partner
Support for SHAK core costs, Youth project, Learning and employability activities.
## BBC Children in need
Activities for Young people.
## LB of Camden: Capacity Building
Reviewing strategies and fundraising.
## LB of Camden: Camden Community Champions
Resident led project to improve Health and Wellbeing.
## LB of Camden: Community Infrastructure Levy
To improve the SHAK communities’ facilities.
LB of Camden: Community Infrastructure Levy- Covid19 Covid19 response activities.
## LB of Camden: Edward Harvest Fund
Support SHAK Chef project.
## LB of Camden: Food Power
Support SHAK Chef project.
## Young Camden Foundation
Food and activities for young people and Digital equipment to support the young people.
## Young Londoners Fund
Activities for young people.
## LB of Camden: Healthy Families
Towards Healthy Eating activities.
## LB of Camden: SHAK Refurbishment
To improve the SHAK communities’ facilities.
## Mind in Camden (CAP)
Support for Health and wellbeing sessions.
## Paddington Development Trust
Employment support.
## Pears Foundation
Covid19 response activities.
- 21 -
## **South Hampstead and Kilburn Community Partnership**
## **Notes to the financial statements**
## **Year ended 31 March 2021**
## **13 Analysis of cash and cash equivalents**
|Cash at bank and in hand
**Total cash and cash equivalents**|**Brought**
**forward**
**Cash flows**
**Other**
**changes**
**Carried**
**forward**
**£**
**£**
**£**
**£**
140,392
92,200
-
**232,592**
**140,392**
**92,200**
**-**
**232,592**|
|---|---|
## **14 Operating lease commitments**
Total future minimum lease payments under non-cancellable operating leases are as follows:
|Less than 1 year|**Property**
**2021**
**2020**
**£**
**£**
4,250
4,250
4,250
4,250|
|---|---|
## **15 Legal status of the charity**
The company is limited by guarantee and therefore has no share capital. Every member of the partnership undertakes to contribute such amount as it may be required, not exceeding £1, to the charity's assets if it should be wound up while they are a member or within one year after they cease to be a member.
## **16 Related party transactions**
There are no related party transactions to disclose for the year (2020: none).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
- 22 -