Living & Learning Together SOUTH HAMPSTEAD AND KILBURN COMMUNITY PARTNERSHIP Annual Report and Financial Statements Year ending 31 March 2024 Company limited by guarantee no. 04975299 Registered charity in England and Wales no.1128207 Contents Legal and Administrative Information Our Vision Our Work and the Difference We Make Projects Living and Learning Together Community Champions Kilburn Activators ARC Youth Club Learning, Employment and Advice Information, Advice and Guidance 10 12 13 Our Plans 14 Governance 15 Financial Review 17 Independent Examiner's Report 18 Financial Statements 19 South Hamp8tead and Kllbuin Communlty Partn9rshlp Annual ReDort 31 Morch 2024 Legal and Administrative Information Reglstered Oftlce 109 Rowley Way Abbey Road London NW8 OSW Independent Examlners Goldwins Chartered Accountants 75 Maygrov8 Road London NW6 2EG W6bslte www.shakonline.co.uk Bankers Unity Trust Bank PO Box 7193 Planetary Road Willenhall WVI 9DG Reglstered charlty In England and Wales Number1128207 Company Ilmlted by guarantee Number 04975299 Board of Trustees (Company Directors) Elena Besussi (Chair) Ruth Adkin Jackie Burdon (resigned 29 November 2023) Jade Fox (Honorary Treasurer) Chloe Hellier Sajjad Hussain Daultana Michael Stuart Key Staff John Boyle (CEO and Secretary) Mohammed Jaseem (Finance Manager) South Hampstead and Kllburn Communlty Partngrshlp Annual Roport 31 March 2024 Our vision is of a place where everyone can live, learn and grow together The South Hampstead and Kilburn Community Partnership (SHAK) has been operating since 2003, running the SHELL Community Centre and Our Mission is to workwith ARC Youth Club on the Alexandra and Ainsworth estate. This is an local young people and adults to Improve well-being, area of iconic brutalist architecture Inclusion and life chances by and multiple social and economic nurturin challenges. skills an talents, passions, confidence. SHAK is a resident led charity dedicated to supporting residents and young people living in an area of high deprivation. Our strategic aims are: A more connected community: a included and where people get to A more empowered community: a place where adults and young people take the lead In creating the opportunities they want to see. lace where everyone feels now each other. A community where people have better well-being: a place where everyone feels safe and that works to tackle Inequalities In health. To increase access to learning. employment and leisure: A lace where those most disadvantaged have more access to earning, suitable employment and leisure opportunities. South Hampstead and Kllburn Communlty Portnarshlp Annual Report 31 March 2024 Ourwork and the Difference We Make The area we work in is densely The latest data for Kilburn ward populated and among the top IO% shows that the life expectancy at most deprived areas in En9land birth for a male in Kilburn is 77.5 based on income deprivation years com ared to the Camden affecting older people and average o 82.1, ranking lowest children. The neighbourhoods we amongst Camden wards. For a serve are also among the top lo/. female the average life expectancy for those suffering unemployment is 82.7 years compared to the and health deprivation. Camden average of 86.5, ranking the second lowest. We improve our beneficiaries, lives by creating opportunities for adults and young people to overcome barriers they face to a better life such as inequality, exclusion, low skills and self esteem, poor health and wellbeing. We do this by bringing people together to build relationships, networks and mutual understanding. We facilitate the learning of skills and building capacities for people to create their own solutions to self-identified needs. In the process we increase confidence, develop life skills, broaden horizons and improved health outcomes for the people we work with. This year we: engaged with 1,106 individual users. * had 4,367 attendances. * delivered 642 sessions. South Hamp8t8ad and Kllburn Communlty Partnershlp Annual ReDort 31 March 2024 Our Projects Living and Learning Together Project The project aims are: Residents at risk of social exclusion, especially those from minority communities, become more connected to others in their community. Residents increase their sense of health and wellbeing. Residents increase confidence, skills and capacity to co-produce new activities. Younger and older residents have increased contact with each other, leading to better two-way understanding. This was the third and final year of the Big Lottery project. In this ear funding provided by the ottery fund has enabled us to co-produce107 events engaging 377 unique individuals with 1,234 attendances. Activities for under nines during school holidays where parents have come together to run arts and activity sessions to support local families. More than 50 parents and children took part. 32 SHAK Chef sessions involving 48 residents where children and parents have come together after school to cook and eat together with ingredients rovided to help with household udgets. Project activities are coproduced with residents and highlights this year included: 46 coffee morning sessions engoging 99 residents. Sessions are run by the participants who set the agenda with some playing more of a volunteer role as leaders and facilitators. Numerous community events such as Christmas celebrations, a community Iftar event with discussions about fasting in different traditions, and trips to Kew Gardens and the Puppet Theatre Barge. Eight 9ardening club sessions Involving 50 residents of all ages. The groups worked with Camden gardening team to help greening areas of the estate. South Hompgtead and Kllburn Communlty Partnershlp Annual Ret)0rt 31 March 2024 Feedback from Participants 'I've made new friends from different backgrounds"_ 87% agreed or strongly agreed "I'm mora active and healthy" _ 100% agreed or strongly agreed "I'm more confident" _ 100% agree or strongly agree "I've learnt something new" 93% agreed or strongly agreed "I feel more connected to others and everyday life" strongly agreed 77% agreed or "I feel more connected to people from a youngerlolder generation" _ 80% agreed or strongly agreed When asked "What was the most significant change for you of being involved with the project?", participants responses includett. 'Getting to know the residents and their needs better. Confidence in helping deliver group activities." 'Coming out and meeting new people, helped reducing feeling isolation or exclusion." "I feel connected to my neighbours and community, and l also feel I can make a small difference." "Gardening connects us with nature, it also helps to destress and relax." "It makes me feel more at home where I live, more rooted and safer." i! South Hamp9tead and Kllbuin Communlty Partn&r8hlp Annual RoDort 31 March 2024 Community Champions Project The Community Champions Despite these challenges, this project, funded by Camden Public year the project has delivered 60 Health, was in its fourth year of sessions, engaging 278 residents. delivery in 2023-24. Highlights included: The project aims to deliver resident-led approaches to health and well-being. The project was launched in March 2020 and is focused on housing estates in three areas in Camden (Regent's Park, Kentish Town and Kilburn). There is a strong focus on learning how a localised approach based on resident-led neighbourhood priorities can help to support Improved health and wellbeing. Establishing a volunteer-led knitting club at Kilburn Library delivering at least 20 sessions to 51 residents Facilitating 33 Kilburn wellbeing walks with a total of15 different participants Staging a series of summer estate days, in partnership with Camden council, to promote services and provide free family fun. In total,135 residents attended. Early years were severely disrupted by the COVID epidemic. This year was again marked by disruption as uncertainty about the continuation of the project led to the departure of key staff. The good news is that another year of the project has now been secured. With it a new coordinator has been recruited. Supporting local tenants and residents, groups to plan trips and events, such as a trip to Margate (50 participants) from Webheath estate and a Halloween event on Sidings estate. South Hampst8ad and Kllburn Communlty Portnershlp Annual Reoort 31 March 2024 Kilburn Activators Through the Greater London Authority's High Streets for All Challenge, Camden was one of the two successful applicants that secured £40,000 of funding and su District for Kilburn. The am ort to scope a Community Improvement Ition of the pilot is to find ways to "achieve greater involvement of communities in the oversight and revitalisation of its high street." The project was called"One Kilburn" In 2023 SHAK was commissioned to recruit and employ three" One Kilburn Activators" The activators were tasked with the job of.. Increasing participation and representation in One Kilburn discussions in Kilburn and ensure that any discussionldevelopment is community-led. Enabling citizens to connect and have greater capacity for collaborating and organising. Increasing participation in wider networking about thinking about the future of Kilburn town centre, using the One Kilburn platform. Increasing social action projects in Kilburn and applications for support from We Make Camden Kit. Creating a fun developmental programme that enable local people to become more active in their local area, that can be replicated elsewhere. The activators and SHAK have played a key role in supporting "One Kilburn" development. To date achievements include: Setting up of the One Kilburn community fund offering £10,000 to local groups to develop new ideas. Establishing the One Kilburn Forum involving at least 32 local organisations coming together regularly to meet, discuss and support local development. Setting up the One Kilburn website, a local information resource. Fostering collaborations between local organisations to fulfil community interest initiatives. Support for social change campaigns, such as the"Loos for Kilburn Campaign" a campaign for better access to public toilets in Kilburn. South Hompstgod and Kllburn Communlty Partnèr$hlp Annual ReDOrt 31 March 2024 ARC Youth Club A purpose-built youth space in the middle of the Alexandra and Ainsworth, Rowley Way estate, which includes a fully equipped music studio and recording room, kitchen, games, computers, WIFI and space for activities. The willingness and courage that young people have shown to come forward, get involved and contribute to wider community activities has exceeded our expectations. Highlights in 2023-24 included: The Holiday Activities & Food (HAF) programme provided a range of activities and approximately 300 healthy meals to 66 young people over the Easter & Summer school holidays. Participation in Camden youth event and supporting local young people with amazing performances. Young people redesigning the ARC youth club and the launch of a new logo. Participation in SHAK'S AGM. Intergenerational Black History Month event. The London School of Contemporary Dance parade. Young volunteers have come forward over the year to help run our football sessions and design posters. Christmas activities with hampers for families to help over the holiday period and sporting equipment for children's physical activities. Young people also enjoyed a holiday party with games, activities, food and fun. The world renown Little Amal visited the youth club. The young people played a fundamental part in providing the entertainment programme as well as props for this event, which was televised. ARL YOUTH CLUB 10 South Hampstead and Kllburn Communlty Partner8hlp Annual ReDOrt 31 March 2024 Reach ARC engaged180 young people aged between nine and 19, with 1,038 attendances over175 sessions. At least 80 % are local, from an area which is rated among the10-20/. most deprived in England for income deprivation (Indices of Multiple Deprivation). 75% of the young people we work with come from Black and Minority Ethnic backgrounds. Impact and Evaluation Evaluation is conducted through a mix of surveys, case studies and professional observations by the youth work team. Surveys were conducted during holiday provision with approximately 25/0 of attendees. Individual outcomes for young people are logged on an ongoing basis. 57 young people recorded development outcomes includin9 improved confidence, communications skills, artistic skills, sports, music and cooking. 75% of young people attending regularly achieved personal development outcomes. These include Increased self-confidence, self- esteem and motivation, and improved behaviour, team-building skills, mentoring skills and problem solving skills, as well as accessing work placements. 63% of young people regularly attending contributed to make a difference in the community. South Hampst8ad and Kllburn Communlty Partnarshlp Annual RoDOrt 31 March 2024 Learning, Employment and Advice The South Hampstead Education and Life- Long Learning (SHELL) Centre spreads across two former laundry rooms on the edge of the estate, offering courses including computer literacy, employment preparation, English, numeracy, community research, money management, craft skills healthy cooking and other vocational courses, plus social gatherings. Over the year we engaged with163 unique learners in the areas of employment preparation, digital Inclusion and health and wellbeing, with a lOO% achievement rate. Of the learners we have engaged: RL joined the class whilst off sick with stress and depression. They wanted to use this opportunity to explore what skills they have and to explore other employment options as they were reluctant to get back to their current job whlch contributed to their mental health issues. 53 /. live within the most 30% most deprived areas 62/. female During the classes, RL learned how to create a winning CV emphasising achievements and transferable skills, they identified their skills and what thay had to offer to the employer, They learned how to use job boards effectively and utilise Al tools to help them create and tailor CVS. Their biggest learning achievement was learning how to write a personal statement for application forms. 86% from BAME & white minority backgrounds 29 / have disabilities 36/0 over the age of 60 Eventually RL developed enough confidence and gained enough knowledge to apply for their dream job. They put in a lot of work and time into applying for the job and were successful. RL is now meticulously preparing for the interview. -1 feel good when I learn something new about computers.- "We are keeping up with technology. Classmates are great. A reason for living." "These courses have had a big impact of my daily life because l am homeless and jobless I have this huge encouragement from my tutor." "It makes me more competent with IT skills and focus on my ability to apply for different jobs by creating a suitable personal statement for each job." 12 South Hampstead and Kllburn Communlty Partnèrshlp Annual R8Dort 31 March 2024 Information, Advice and Guidance We launched a new advice service, based at the SHELL Centre, with support from Trust for London in 2022. This was in response to growing requests for support in our other sessions and results from our 2021 community consultation, highlighting the need for more advice and support. This year (year 2 of 3) the project has gone from strength to strength and proved to be a much needed service. Between April 2023 to May 2024 65 individuals accessed the service against a target of 60. Eight volunteers have been trained with five now active. Impact Outcome I: Increased awareness of local service providers Average knowledge of local services increased from 1.7 to 3.7 out of 5. Outcome 2. Increased confidence using online tools and resources Average confidence using online tools and resources increased from 2.1 to 3.3 out of 5. Outcome 3: Increased awareness of benefits available to claim SHAK has successfully accessed a total of 39 grants under the Cost of Living (COL) programme, amounting to a sum of £15,300. These grants serve as a critical source of support for our clients who have faced significant challenges due to the ongoing crisis of the rising cost of living. By receiving these grants, our clients were provided with assistance to solve their financial issues and improve their overall well-being. SHAK have supported residents to carry out numerous "Better Off" calculations with the goal of ensuring that they are claiming all the benefits that they are entitled to. One individual was entitled to a total of £475 per week in unclaimed benefits, which we helped them apply for to significantly alleviate financial burden and avoid eviction. 13 South Hampstead and Kllburn Communlty Partnarshlp Annual R8Dort 31 March 2024 Our Plans for 2024125 and Beyond In 2024-25 funding will continue for the Community Champions project, the Information and Advice Service and the ARC Youth Club. We are tendering to win the contract to continue adult learning around employment and digital inclusion. Our priorities for the next year are: Community consultation and review of our strategic plan and objectives. Working to achieve the bronze youth quality mark and further development of the ARC Youth Club and staff team. Bringing more community-led ideas to life and residents into volunteering and social activities. Implementation of eco-audit recommendations to make SHAK a more environmentally sustainable project. Raise the funding and support we need to continue our work in 2025-26. t¥iiSHAKI. 14 South Hompstaad and Kllburn Communlty Partn8rshlp Annuol RaDort 31 March 2024 Governance 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 ending 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charities" in preparlng the annual report and ftnanciol statements of the chority. Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year. These 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.. structure and governunce 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. 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 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. Our trustees are all volunteers and are recruited via an open recruitment process. New trustees are provided with appropriate induction and training, including in safeguarding. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the ftnancial position of the charitable company and enable them to ensure that the financial statements comply Trustoes. responsibilities with the Companies Act 2006. They are The trustees, who are also directors also responsible for safeguarding the of the company for the purposes of assets of the charitable company and company law, are responsible for hence for taking reasonable steps for preparing the Trustees, Report and the the prevention and detection of fraud financial statements in accordance with and other irregularities. applicable law and United Kingdom 15 South Hampsteod and Kllburn Communlty Partn8rshlp Annual ReDOrt 31 Morch 2024 Disclosure of informatlon to Independent examinar Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the independ6nt examination, but of which Reserves policy the independent examiner is unaware. The charity's reserve policy is to They have further contirmed that they maintain sufficient reserves to enable have taken appropriate steps to identify operating activities to b8 maintained, such relevant information and to taking account of potential risks that establish that the independent examiner may arise from time to time. We aim to is aware of such information. hold at least three months of operating costs. This policy is reviewed regularly by the trustees. 3. Loss of key staff, which is mitigated through regular reviews of pay and benefits, as well as regular management and support meetings, Risk assessment The charity has a policy of identifying, monitoring and managing risks that Principal Actlvltlas mlght adversely affect the actlvities in The principal activity of the charity which it is involved. Risk is defined as the is to fulfil its objects in Camden and potential to fail to achieve the charity's particularly within a one-mile radius objectives and for loss, whether financial of Rowley Way Tenant's Hall. The main or reputational. objects are: During the year the charity has been identifying, evaluating, and managing the significant risks it faces. These are reviewed by the trustees regularly. Where risks have been identified appropriate action has been taken to mitigate them. 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. The trustees have identifted the following as the charity's principal risks: To relieve poverty and unemployment, advance education and to foster understanding between people of different ages and backgrounds. l. Insufficient fundingliong term funding decline, which is mitigated by a clear fundraising plan and a fundraising committee of staff and trustees. To support young people (under 25) with positive activities which develop their skills, capacities and capabilities and promote their porticipation in society as independent, mature, and responsible individuals. 2. Safeguarding incidents involving clients, which is mitgated through training of staff, volunteers and trustees and a regularly updated safeguarding policy and procedures. 16 South Hampstead and Kllburn Communlty Partnèrshlp Annual ReDort 31 Maich 2024 Financial Review SHAK has maintained levels of income We continuously aim to attract funding and even secured an increase in funding from a wide variety of sources - grants, for charitable activities for 23-24. This donations, direct fundraising etc. to has been achieved with the aid of sound Optimise the income available to financial management and the support provide a wide range of services to the of both its staff and volunteers. community. New incoming funds include renewed funding from the "Hampstead Wells & Campden Trust" and important new funding from the "Camden Resilience Fund" which are allowin9 SHAK to work on its sustainability for the future. we were also commissioned as part of the "One Kilburn. project to employ three "activators" who have been working to consult and bring to life ideas which will improve the Kilburn High Road and surrounding area (Brent, Camden & W8Stminster boroughs). Principal funding sources are grants and contracts. The Trustees are working with the management to diversify income to include coproate and individual giving. Independent Examlnars This report has been prepared in accordance with the Statement of Recommended Practice (SORP) "Accounting and Reporting by Charitles" and the special provisions of Part15 of the Companies Act 2006 relating to small companies. Continuing funds from funders mentioned in this report allowed us to continue and expand our activities. On behalf of the Board We also raise a small amount of funds by renting out our venues. Looking forward the major challenge tinancially is to secure new funding Elena Besussi streams for 2024-25 when several main Date: 4•l11031 funding contracts will be coming to an end. A big thank you to all our funders and contributors in 2023-24. We have not borrowed or invested any funds and oim to provide services within the funding available. 17 South Hampstead and Kllburn Communlty Partnarshlp Annual Report 31 Morch 2024 Independent ExAmlner's Report to tli¢ li'ustees of South HainpsteAd an(1 Kilbui'n Community Pai'trtei'ship Year ended 31 M8reli 2024 I report to tlie chai'ity trustees on iny exainination of the accounts of tlie Conipany foi. tlie yeai. ended 31, Marcli 2024. Respoiisibilities and basls of i'eport As the chariLy'& tiustees ol'tlie Company (and also ils diiectoi's foi. the purposcE of ¢onipany law) you are r&%ponsible for the prepai'ation of the aecounis in accordance witli I1)e I'equii'einents of tl)e Companies Att 2006 {'tlie 2006 Act,). Having satisfied niyself that the account5 of ilie Conipany al'e not i"equii'ed lo bc audiled under Pai* 16 of tl)e 2006 Act Aiid ai"e eligibl¢ foi. indepcndent cxamination, I iepart in Ic8pect of my exaniination of your chai'ity's aLcounis as ¢ai'i'ied out uiider seLtioi) 145 of ihe Cliaiities Act 2011 I'tlie 2011 Act'l. Iii caiiyiTig out my exaniination I liave followcd the Dii'ection% given by the Cliai'ity C.ommis%ion under section 14515) (b) of the 2011 Act. Independent examivJÈr's stateinent Sincc the coii)pany's gross income exceeded £250,000 youi. examijiei. Inust be a membei. of a body listed in sectioii 145 of the 201 l Act. I confii.ni that T am qualificd to undertake the exatiiination because l am a member of T]ie Iiislitute of Cl)ariered Accounlanls in England diid Wales (ICAEWI, wliich TS one of thc listed bodies. I Iiave coiiipleted Iny exan)inatioii. l ¢onfirnJ that no matters have come to my attention in connection with the cxainination giving Ine cause to believe.. ac¢ountit]g reLOI"ds weir not kept in respect of Ilie Con)pany as Jequired by section 386 of the 2006 Act. or 2. the a￿Ount$ do not accoi'd with those records,. oi. 3. Ilie accounts do not coniply with the accounting requirenient% of section 396 of the 2006 Act othei than any requircment that the accounts give a 'lrue and fair ijiew whicli is Jiot a niatlei. consideied as pai'l of an independeiit examinatioii,. oi. 4. the accounts have not been pi'epared in ac¢ordaiice with the methods and prineiples of the Siatement of Recommended Pi"a¢tice foi. accounting aiid iepoFtii)g by ch2rities applicable to chaTjties preparing theit. accaunt5 Irt accordance with the Financial Reporiing Stsndard applicable iii the UK and Republic of li'eldnd IFRS 102)- I have no concejlls and have coiiie across no oilier Illdtters ii) conneetioji with the exaii)ination to which attention should be drawn in this report in order to enable a pi'opcr understanding of tlie accounts to be reached. Date.. 29 July 2024 Antljony Epton BA, FCA, CTA, FCIE Goldwins Llmlted Chartered Aceountatits 75 May%i'ove Road Wt5t Hanipstead London NW6 2EG 18 Soutli 14amp5tead aiid Icilburii CoinTnunity Partnei%hlp St&tetiient ot. FiTizncial Aetivilies Including Income and li xpendituye Account Veal. ended 31 Mai'ch 2024 Note Resti'icted Uni'esti'lcted Funds 2024 'rotal Funds 2024 Total Funds 2023 2024 Income fi'om: Doiiations Charitable activities Investment incoine Total inconie 500 400 500 285,413 6UO 379,080 285,013 285 013 287 905 382 586 eiiditui-e oll: Charitable a¢iivitieq Tibtal expertdlture 360 426 360 426 360 5.38 360 538 309,397 309 397 112 Net incomel{expeiiditure) foi. tlie ye#r {75,413) 2,780 (72,6.13) 73,189 Net movement in funds 2.780 Reconcllixtion of lunds: Total fi]nds brought foi.ward Total funds carried forward 12 219677 144 264 -318797 246 164 245 608 318 797 101900 All of the ab¢Jve results ale deyived from continuing activities. Tliere were no othei. I'¢eognised gains or losses otlicr than those statcd above. The attached notes foi"m part of these fiiiancial stateInent5. South Haillpstead And Kilbiirii Coiiiinuiiity Pai'tuei'sliip Balance slieet As at 31 Mai'cli 2024 Note 2024 2023 Tanglble fixed assets CuTI'eiit assets: Debtors Cash at bank and in hand 17,920 242.993 260,913 24.000 306 448 330,448 Credlloi's: amounts falline due Ivlthln oiie year 10 Net current Assets 246 164 J18 797 Total net assets 246 164 318 797 Funds: Resli'icted funds Unrests'icted funds.. Total funds 12 144,264 101,900 246 164 219,677 99,120 318 797 For the fliiancial year ended 31 March 2024 tlie company was entitled to exemption froni audit under section 477 of the Conipanies Act 2006 IElatiiig to small coinpanies. The nienibers have not requii'ed the company to obtain an audit of ils financial stateinents for ihe year in question iji accordance with section 476., The directors acknowledge their responsibilities for coiMI)lying with the requirements of the Act witli respect to aecountin8 rceoi'ds and the prepai3tion of fjnancial statements. Appi'oved by th¢ tJi]stees on £<(4 Jd loi* and signed on th¢ir belidlf by.. J¥de Fox DS1'ectoi' Compar]y registration no. 04975299 The attaclied notes fomi part of t]ie financial stalenients. 20 Soutli Hajllpstead aiid Kilbut'ii Coininyiiity Pki-tneyslilp Note5 to tlle lin8tieial stateEnents Year ended 31 Mai'ch 2024 Aeeounting policies a) Basi5 of pi'cpai'ation The financial stateincllt8 have been prepaied in accoi'daiice with Accounting und Reporting by Charities.. Stateinejt of ReLOllll)ie11ded Praelice applicable 10 chai'ilies pi'cpaiiiig theiL' accounts in accordance wilh the Fiiiancial Reporling Staiidard applicable in tlie UK and Republic of Ii'elaiid {FRS 102) - Chai'ities SORP (FRS 1021 and thc Coinpanies A¢t 2006. The charitable compaily tneels tlie definition of a public benefit entity undei. FRS 102. As5et% and li8bilitie% are initially i'ecogiiised at histoi'i¢al c08t OT Iransaction value unlcss othenvise STa￿d in tlie i'elevani accounting policy or note. bl Golng concern The tiustees Consider tliat there ale no matci'ial uncei1ainties about the cliaTilable company's ability to continue as a going Concei'n. Tlie tlllStees do not consider that tliere aTe any sources of estiination uncei"lainty ai the rcpoi'ting dale that l)avc a ￿1￿lIf7¢&￿t risk of causing a n)aterial adjust￿et)t to the cai'rying> aniounts of'assels aiid liabilities ivithiti the nexl i'epoi'ling pei'iod. e) Incoine Incon)e is recogi?ised when Ihc charity lia% entitlement to the funds, at]y performance cojidiliojis aitached to the income have beeli inet, it is probable tliat tlie iiicoine will be i'eccivcd and tliat thc amount can be Ineasured reliably. Income fTOI)I gnvernTnent and othei. grants, whethei capital, g12nts or 'revenue' gianls, is recognised when the charity has entiilement lo the fuiids, aDy pcrforinance condition% attached tn the grants have been met, it is probable that the income will be I'eceived and the aniount cat) be ineasured reliably and is not defei'red. Income rec¢iv¢d in advance for the provisioii of specified seivicc is deferi'ed until the crstei.ia foi. income recognition are met. d) Donations of gifts, services and facilitie5 t)onated pi'ofessional sei"vices and donatcd facilities 8re Ye¢ognised as income wlleo tlie cliarily lia5 Colltrol ov¢r tlie item or irceived tlie seivice, any condilioiis associated witli th¢ donation have been met, tlic iteeipt of eoonorNi¢ benefit fi'oni the u.sc by the charity of the item is probable and tliat ecoiiomic bejiefit Can be n1ea￿llEd Teliably. In accordance wilh tlie Cliarities SORP {FRS 1021, volunteer time is not re¢ognised $0 Tefer Lo the tn￿lee$, annual report foi. Inoie infonnation about Llieir contribution. On receii)L donated gifts, pi'ofessional seivices and donated facilities al'e reco￿1$ed on the basis of the value of the gift to the cliarity which is the amount the charity would have been williiig lo pay to obtain Se￿iceS oi" facilitieg of equivalenl econojnic benefit on the open niarkct- a corrosponding aiiiaunt is then recognised in expeiidittire in the pci'iod ofreceipt. e) Intei-est recelvable Intei'c%t on funds held on dep051t is ineluded wlien I'e¢eivable and tl)e ainoiinl Can be ineasuird i'eliably by the cl)arity' t]iis is norllially iipon notificalinn of tlie intei.est paid or payable by the bank. Fund accounting UniEstYicted fiiiids are available to spend on activities t]iat fvriliei. ai)y of tlie puiposes of chai'ity. Designated fi]nds ar U]ll"esti'icted funds of tl)e charity wliiel) tlie IrLiStees have d¢cidcd at their discTetion to set a8id¢ to use for a specific pury)ose. Restricted ftinds are donatio1￿ wliiclj t]ie doi)oi' lias spcctfied are to be solely used for pai'liculai. areas of tlie cliai'ily's work oi. foi. specific projects being undert8ken by die chai'ity. 21 South Hainpstead 8nd K51burii Coiiiinunlty Pai-tnei'sliip Notes to ilje finatjelal 8tateineRIts Year ended 31 Mareli 2024 l AccnunttAg policies Itontinuedl ) Expeiiditui'e and ii'i'eeoverable VAT Expeiiditure is i'ecogiii5ed oiice Ilierc 18 a Icgal or consii'uctiye obli¥f the cliai'ity but do not diirctly undertak¢ el)ai'itable activities. Support co.Et% inclLide back uflice costs, fiiiaiice, pe￿Onnel, payroll and govei't)ance costs which suppojt the clidi'iiy and it5 a¢tivities. Tliese Costs have been all￿ated ￿ expenditUTe on charitable aclivities. 11 Opei-atin£ leases Rental charges al'e chai'gjed on a straight line basis ()ver the tcmi of the lease. j) Taiiglble fixed Assets Iten)s of eqvipiiient ale Capitalised wheie the pui-chase price exceeds £1,000. Depie¢iation is provided at lates calculated to write domm fhe cost of eacl) asset to its estlTI)atcd residual value ovcr its expected use￿] life 011 a straight line basis. The deprceiation rates in u.Ee are as folloivs.. Play Fquipiment Straight Liiie ovei. 2 years Coniputei. & Music Equipment Straight Line over 3 years Office F￿￿ltU[e 8tiaight Lit)e over 5 yeais k) Debtor5 Ti"ade and oilier debtors al'e i'ecognised at tlie settlement aTnount due aftei. any trade discount offered. Prepaynienls are valued at the ainoui)I prepaid net of any ti'ade discounts due. l) Cash at bank Jnd in hand Casli at bank and cash in ljand iiicludes cash and ghort term liighly liquid ii)vestnienls with a slioil matui'ity of three months oi. less from the date of acquisiiion oi. opeiiing of tl)e deposit OT similai. account. ) Ci'edÉt(Jrs and pi'ov5slons Cieditors aiid provisioiis are recogni.%ed wliere the chai'ity has a presenl obligatlon Tesulting fi'om a past evertt that will pi'obably result in the trangfer of fujids lo a Iliii'd party aiid the ainount diie to 8ettle thc obligation Can be measured or estiniated reliably. Creditors and PlDvisions are nori)ially recogi)ised al (heir settleinent aniouiit aft¢i' alli)wing foi. any trade discouiits due. n) FinanL581 instruiiient$ Tlie cliarity only lias financial assets and financial liabilities of a kiiid that qiialify as basic financial instnimenls. Basic fjnancial insti'iitiiejits ail initially i'ecognised at ti'ansaction v8lue and subsequently jnea5w.ed at tlieii. settlement valiie with tlie exception of lo￿15 wliicli are subseqiiently mcaswed at ainoitiscd eost using the effeciive interest method. 22 South Hampstead and Ililbui-n Coinmiiiiity PAI'tnei'slilp Notes to the r)nancial 5t&temcnts Yeai. ended 31 March 2024 2 Det#iled ¢oniparatives for the statement of finaT]eSal aetivities Inconie I'i'oin.. Restrieted Unrestricted 2023 Total 202.1 2023 Donati0115 C.hai'stable activitieq Inveslmeiit income 600 256 2,906 600 379,080 2,906 378,824 Tot81 ineome 378.824 382 586 Cliaijlable 2Ctivities 310,461 11,0641 309,397 Total e%pendSture 310461 309 397 Net Énconie foi. the year Traiisfer between ￿ndS Iyet niovement in funds 68J63 4,826 73,189 Recon¢iliatioii of funds.. Total funds bi'oughi foiwai'd 151,314 94,294 245,608 Total t'unds eai'ried forward 219 677 318 797 3 Income fi'om chsi'itable activities Restricted Unrestrieteil Total Tot#1 2024 2024 2024 2023 Alexandra and Ain%worth Estate BBC CliildTen In Nccd BIB Lottery Fuiid Gai'field Weston Fowidalion Johii l.yons LB of Caiiiden Pears Foundation Tlic Hainpstead Wells and Camdeii TI￿st Tni.8t foi. l.oiidon Young Caiiiden Foundation Young LoJidoi)ei's Fund 400 400 4,131 10.499 46,721 39,259 15,000 34,700 148,912 10,000 39,259 15,000 34,700 148,912 10,000 66,QOO 197,848 10,000 15,000 13,500 27,000 10,142 27,000 10,142 285,013 400 285,413 379,080 4 Income fi'om investment8 Restrlettd Unrestricled 2024 21)24 Totgl 2024 TotAI 2023 Bar￿ interest Rent 1,767 225 1,992 1.7()7 225 1,992 721 2,185 2,906 23 Soutli Haiiipstead And Kllbiirii Coiiimvnity Pai'tnei'slilp Notes to the fiiigncisl $tatemertts Year ended 31 March 2024 5 Analysis of expenditure Chai'itable activlties Support costs Govei'nante Costs Total 2024 Total 202.7 Salai'ic% and other staff costs Bank chatEes Coii)PLiiei', iiiternet and website expenses Othei. direct ¢osts of ¢liaritable activities Pirmises cxpcnses Sundiy exp¢ii.%es Teleplione IndeL)eiident exaininaiion fee Ii)dependent exainiiiatioji fee prioj. year adjllstincnt 233,259 52,125 285,384 1,134 3,528 36,556 28,175 1.200 2,095 2,400 238,190 780 1,876 35,390 27,645 1,296 ,916 2,250 3.-528 36,556 18,500 9,675 1,200 2,095 2,400 66 66 54 290,410 67,662 2,466 360.538 309,397 Suppoit costs Governaiice costs Total expenditure 2024 67,662 167,662) 12,466 360,538 360,538 Tot#1 expenditure 2023 309,391 Of the total expejiditure, £360,42612023-. £310,461) was i"esti"i¢ted and £1 1212023: £-1,0641 wa5 unrestricted. 24 Soutli Hainpstead and Kllburii Coin1￿￿])1tY Pai'tnei'shSp Notes to the finaijeial st*tenients Year elided 31 Mai'clj 2024 6 Analysls of staff costs, trustee remuaieratl¢)D and expenses, 2nd the eost of key mxiiagenietit persoT]nel 2024 Staff costs wcrc as follows.. 2023 Salai'ieb and wages Social secui'ity eosls p¢n.￿l0]I cosi% Othej. staff costs 253,993 20,120 7.560 217,002 14,305 5,147 ,736 2.38,190 285 .3x4 Nonc of Ihe einployees ieceived employee beneli15 (excluding eTnployer pension) during the year over £60,000 (2023.. Noi)el. The total eiiiployee benefits including pension contributions of tl)e key managejnent peisonnel were £55,57512023'. £49,332). The cliarity tlll8tces werc not paid oi. received any othei. benefits froiii einployment with the charity in the year12023'. nil). One of Ihe tiwstees wa.% rcimbui'sed exp¢nsc.% of £57 dui'ing the year 12023.. nil). No cliai'ity trustee received payment for professional oi. oiher services supplied to tlie cliai'ity (2023.. nil). The average nuiiibei. of einployees (headcount based on the number of staff employed) during the year was 1212023.. 9). 7 T'axatlon The cliariiable conipaiiy is exen)pt froni corporation tax as all its income is charitsble and is applied for ¢haritaLile puiposes. 8 T*nRible rtxed assets Fixtures & Fittings Total Cost At the stai't and th¢ end of the ycay Deiji-etlation At tlie start and tlie end of the yeai. Net book vglue Brought foiward Carried foiward All of die above assets ar¢ iised foi. charitablc PilLyoses. 25 Soutli HaiT]PStead and Kilblli'ii CoTnmui)Ity Parlnersliip Notes to the liMaricial.statenJent Ycai. ended 31 Mai'eli 2024 9 Debtors 2024 2023 'anls IEeeivable Total 17,920 24.000 l O Ci'editors; 2lYlOUllts falling due within one year 2024 2023 Other creditors Accn]als Total 8,307 6,442 9,401 I l Aiialysis of net assets betweeii funds General ni'estrlcted Restrlcted Total funds Year ended 31 M2rclJ 2024 Taiigible fixed assets Net cui.rcnt as8Cts Net assets at the end of ihe year 101,900 101,9UO 144,264 144,264 246,164 246,164 Genei'&l nresti'leted Resti'leted ry'Dt21 (unds Year ended 3J Mai-ch 2023 Tangible fixed as.%ets Net CUTrent assets Net assets at the tnd of the year 99,120 99,120 219.677 219,677 318,797 318,797 26 Soulh HamE)s¢ead and Ililbui'ji Comrnunity Pai'tiier5hip Notes to (he financial statellients Veal. ended 31 March 2024 12 Trunds Year ended 31 imai'cli 2024 At tlje start of tlie year At the end Income Eypenditui-e I'i'ansfei's of the year RLstrieted funds; Big Lnlt¢iy Fund.. Reacl)ing C.oinTnunities Cainden Detaclied Youtli Team Gai'field Weslon Foundation 11a1)Ipsiead Wclls and Camden Jolin Ljwoiis Jolin Lyoi)s- School Holiday Fund LB of Cainden.. Cainden ComEnunity Champions l.B af Camden.. Foad Powei. LB of Caiiiden.. Rent LB of Cainden.. Sti?tegic Partnei. (Shell) LB nf Cainden.. You(h Work Fund LB of Catndcn.. Kilbui'n Activators LB of C21nden.' Kilburn Cost of Liviiig Grant LB of Cainden.. Caillden Resilience Fund LB of Caiiiden.. OrgJnisational Developnient Fund LB of Cainden.. Skills Funding Agency Pears Foundation Tenant Residents Association Tiust foi. London Youi)g Caiiideii Fouiidation- HAF Total i'estricted (unds 9,000 3,013 39,259 (40,9181 7,341 3,013 11,799 15,000 (3,201) {15,000) {36,000) (4,700) (49,6611 12,0001 110,0001 (33,7831 (32,000) (46.067) {8361 (20,1211 15,OUO 42,000 30.000 4,700 36.000 71,126 2,000 11,465 10,000 38,369 22,000 26,279 1,000 26.844 24,155 i 0,000 19,788 1,413 28,741 1.577 6,723 4,695 {2,2751 {24,4201 12,5861 12,228) (24,488) 10,142) (360,426 2.420 24,420 10,000 10,697 2,228 3,462 1.100 219,677 27,000 10,142 285,013 5,974 1,100 144 264 Unrestrlcted funds 101,900 Toial Funds 318,797 287,905 {360,538) 246',164 27 Soutli Hainpstead aiid KilbiEI'n Commuiiity Paj'tnership Notes to tlje financial stateilleiLt5 Year ended .11 Mai'elj 2024 12 Funds (eot]tlniied) Veal. ended 31 March 2023 At the start of tlie year At the end Income Expenditui-e Transfers of the yeai. Resti'lcted funds.. BBC Children in need Big LDtt¢iy Fund.. Reaching Coininunities C4consoitium Cai)Ilal Cainden DeliLLhed Youtli Team Hat)ipsread Wells and Camden Joliii Lyoii LB of Cainden.. Cainden C'omniiiiiity Chanipions LB of CaindeA'. Coi))Inunity Infi'astiucture Levy LB nf Camdeii.. Food Power LB of Cainden.. Relit LB of Caiiiden.. Sli'ategic Partnei. (Shell) LB of Cainden.. Youth Work Fund l.B of Caindcn.. Kilbllrii Activators I_B of Caindcn.. Kilbui'n Cost of Living CJrant LB of Cainden." Cainden liesilience Fund LB of Cainden.. Orgat)isaiional Development Fund LB of Cainden.. Skills Funding Agen¢y Mind in Cainden {CAP) Paddiiigtoii Development T1￿$t Peai"s Foundation T¢t￿lIt Residents Associatioii Ti'ust for London Young Camdeii Fout)dation- HAF Young Londoncrs Fund Total I'estrieted funds 10,499 46,723 (10,4991 (46,1261 15381 8.403 538 3,013 10,000 9,0(K) 3,013 15,000 42,000 71,126 15.000 66,000 50,500 (10,lJOOI (24,0001 (50,6091 11,IS61 14,4531 (10,0001 (21),6421 (23,3201 (4,2121 15871 {14,74Ql 71,2_15 1,386 6,453 2,000 10,aoo 38.3C)9 29,254 24,000 2.000 14,740 6,428 4,066 24,155 10,o(K) 19,788 4.985 24,000 12901 (24,0001 12621 12,1881 (4,3031 (1,6471 (23,5381 {11,4251 (21,696 310461 4,695 262 2,188 5,000 10,000 3,875 13,500 11,142 4,237 378,824 10,697 2,228 3,462 1,100 13,500 1,383 17,459 151314 219,677 Unrestricted funds 94,294 3,762 1,064 Total Fund$ 245,608 382,586 318,797 Resii.leted fiinds: Purposes oftlie resiricled funds as follows.. BBC Children in ne¢d Towards tlic activities for young people. Lottei. Fund.. Rea¢liiii Fuiiding for"Living and LearIiing'l'ogether project. C4coii%oJ'tjiiin Ca Toward& ICT learning eqiiipiiient. Canidcn Dctaclied Youch Teain Toward8 youtli outicach activities 28 South Hampstead and Kilbui'ii Comniuiiity P8r¢nei'sliip Yotes to the fTnaiicial statciiients Yeai. ended 31 Mi ai'eli 2024 12 bunds (coiitinued) Gai'ficld Wesloi) Fouiidation Towai'ds SHAK core and Community Wellbeing projecis. Ham stead Wells and CaTn den Ti'ust Contribution towards the coiE cost of the organisation. John l. ons Activities foi. young people. loliJ L on8- Scliool Holdi& Fund Towards the activities for YounE people during school holidays. LB of Cainden.. Cajnden Comn)uiii Cham ions Resident led project to impi-ove health and ivellbeing. LB of Camden.. Coinmunit Infi?stru¢tuie Lev To improve the SHAK con]niunities' lacilities. Lll of Camden.- Food Power Suppoi't"SHAK CheP' proje¢t. LB of Cainden.. Reni This Icpre%cnt% the valuc of the annual rental of pi'opeity made available to thc chai'ity by Caindej Council for the ninllifig of the ARC Youth Club. ainden.. Sti'ate ic Parin¢r Support foi" SHAK coi"e costs, youth pi"oject, leai'ning and einployability activiti¢s. LB of Camdcn.. Youtli Wal'k Fund Fuiiding iowai'ds youtli seiviccs at ARC Cenire. LB of Camden.. Kilburn Activatoi's 'One Kilburn" pi"oject to collsuli and improve in Tlilbuim Iligh Road aiea. LB of Cainden.. Kilburn Cost of Livin Towai"ds "SHAK Clief, pmject. Grdnt LB af ("aindtn.' C.airden Rc%iliencc Fund To ii))pi-ove resilieiice ai)d susiaiiiability of SHAK. LB of C21nd¢n'. Oi. anisational D¢velo Inent Fut)d 'rowai'ds the dcvelopinent of tl)¢ oi'ganisation. NIiDd in c￿nde￿ CAP Supporr foi. liealtl) and wellbeing sessions. Paddiji toil Develo tnent 1.iust Towards einployinent suppoi'l. Pears Fouiidation Towai-ds tlie cliai-itable activitie5 of Ilie OT8anisation. 29 South Hainpstead Kill)ui'n Coiiiiknunity l)21-tJJei'sliip Notes to the finaTacial stateiiient5 Yeai. ended 31 Mai'eh 2024 12 Funds (continued) LB of Camden.. Skill.% Fundi enc To fui)d leaming pro81'ain]iies al the SHELL Ceiitre. Tenant Residents Associatinn Contiribution toward8 "SHAK C.hef' pr()jcct. TINst for London Advise and guiddnLe i)Ix)je¢t. Youn Catnden Foundation - HAF Food and activities for youi)g people supportiiig activities & food foi. young people dui'ing %chool holidays (HAF) Youn Loiidoners Fund Activities foi. young people. 13 Analysis of cash ca$h equlvalents Brought foi'ivard Cash Ilows Other ehan%e5 Carried forM'81-d Cash al bank and iii hand 306,448 {63,4551 242,993 Total cash #nd cash equiv91ents 306,448 (63,455) 242,993 14 Operating lease eomntitinents Total futuie mininiuin lease payments undei. non-can¢¢llable operating leases are as follows.. Property 2024 2023 l.ess Iliaii l year 4,250 4,250 4,250 4,250 15 Legal status of tlie eliai'ity Tlie coiiipany is liii)iied by Euai'antce and therefoi'e has no sliai'e capital. F.very inejnber of tlie parlnei"sliip Ul￿el.1akes to conli'ibute .%uch an)ouiit as il Jnay be r¢quiied, not exceeding £1, to ilie tI￿r1(Y,S assets if li shoiild bc woiind up wliile Iliey are a inejnber oi. witliin one year after tliey ce&%e to be i iiieinbcr. 16 Related pai'ty tI*lL5aCt10115 Tliere di'e i)0 related pai'ly transactions to disclose foi. tlic year (2023.. none). There dTe llo donatioiis from related parties wliicli are outsidc tile noi'iiial course of business and Do i'esliicled donation.% froin IElated payiies. 30 wvww.shakonline.co.uk Company limlted by guarantee no. 04975299 Registered charity In England and Wales no.1128207