Charity No: 113S778 Company No: 6956009 The Communty Association for West Hampstead Ltd (CAWH) (A Registered Charity & Company Limited by Guarantee) Trustee/Directors' Report & Financial Statements For the year ended: 31st March 2024 TRUSTEESIDIRECTORS, REPORT For the year ended 31 March 2024 CONTENTS Legal and Admlnistrative Infomiation Trustees, Report 4-15 Independent Examiners Report 16 Statement of Financial Activities 17 Balance Sheet 18 Notes to the Accounts 19-27 TRUSTEESIDIRECTORS. REPORT For Ihe year ended 31 March 2024 LEGAL AND ADMINISTRATIVE INFORMATION For Ihe year ended 31 March 2023 TRUSTEES Pauline Cheeseman, Chair Virginia Berridge, Vice-chair Prsnay H8riharan, Treasurer Stephen Fowler. Secretary Kushal Bhimji8ni to 3 NO￿rnber 2023 Sally Bowman Loma Greenwood to 3 November 2023 Sharon Hardwi¢k Manjot Heer from 5 December 2023 Philip Healey Liz Mccarthy from 5 December 2023 D8VFd Richafds Miles Seaman Jenny Thomas from 5 December 2023 CHARITY NUMBER COMPANY NUMBER 1135778 6956009 DATE OF REGISTrATION 4 May 2010 REGISTERED OFFICE & PRINCIPAL OPERATIONAL ADDRESS 17 Domfell Street London NIM 1QN CHIEF EXECUTIVEIMANAGER Karen Fraser, Manager INDEPENDENT EXAMINER Kathleen Moss ACMA, CGMA 48 Lawn Terrace London SE3 gLP BANKERS Co-operat￿e Bank PO Box 250 Skelmersdale WN8 6V¥T Scottish Wdows PO Box 12757 67 Morrison Street Edinburgh EH3 8YJ Cambridge and Counties Bank Chamwood Court 5B New Walk Leicester LE16TE TRUSTEESIDIRECTORS, REPORT For the year ended 31 March 2024 STRUCTURE, GOVERNANCE & MANAGEMENT The Trustees present their report with the financAal statements of the ch8rtty for the period ended 31 March 2024. This is a Directors Report required by s417 of the companies Act 2006. The financial stalements comply wikh current ststutory requirements and the requirements of the Articles of Association. CAWH Organisational Structure & Board of Trustees The managing body is the Board of Trustees which is eleciEyJ annually at the Annual General Meeting. The trustees oversee the vision and direction of the Association for public benefrt. The managing document is the Articles of Association. The Board of Trustees consists of up to twelve membe including the Chair, Wic&Chair and Treasurer. The Board is able to make three co-options. Al the end of Ihe year, a strong tearn of 12 Trustees was in place wrth skills including charity managemenl. law, finance, human resources. marketing, gowemance, and community development. The Board ofTrustees met 8 limes during thTS financial year. A Finance & General Purposes Commfttee (F&GP) oversees in closer detail aspects of the ofganisatson inclu¢Jing finance and fvndraising. A Funding Strategy Group has met monthly. and trustees have been aclive in helping staff with ftjnding applications, marketirvj, and setting up and fUnn￿g local fundraising initiatives. CAW4's staff are all part-twne. The Manager Administrator, togelher with 8 Chiklren and Young People's Coordinator, a Keeping Well Together Projecl Organiser, and a team of sessional worker5, run all the organisation's services and aclivrties. The Trustees delegate the effecttve day to day running of the Association and resouTces to the Manager. She supetvises Ihe staff, sessional worker5. self*mployed contradots and volunteers to develop and deliver activities and Se￿iceS. There is a comprehensive range of policies and procedures which ensure the effeclive running of the Associalion and that legal and Statutory requirements are met. During Ihe year, Organi5ational Procedufes have been strengthened. and Human Resources, Heatih and Safety, Complaints, Privacy and Safeguarding Policies reviewed. Risk Management The trustees have a duty to Kjenlrfy and review the ftsks to which Ihe charity is exposed and to ensure appropriate conlrols are in place to Prov￿￿e reasonable assurance against fraud and error. Risk is assessed on all aspecis of the Association from human resources, financial management, health and safety as well as other areas of go¥emance. A key risk is lack of sufficEnt finance to run the organisation, particularty as CAIfjTrI recetvès no annual grant from the ￿¢al council. To minimise this risk, CAIM4 aims for a mixed economy of funding from trusts and Gharilies, hall hire, tharges ft)r classes and activities, donations, sponsotship, local fundraising. and a 101 Club Lottery. Trustees aim to a￿UIre multi-year funding for project and core costs. Trustees set reserves at a minimum of £50,000. CAMI keeps a close eye on income and expendÉture through its Finance and General Purposes Committee which meets 8 times a year. Accounts and cash flow a￿ regularfy scnjtinised and action taken when necessary to maximise income. All banking accounts are in the name of Ihe Association and the Association continues to adhere to good financial practice and compliance with associated Charity and Company Law. In the event of the Association closing, any unspent funds shall be relumed lo the Associations or indimduals trom whom they were intiially given or donated to another Association wÈth similar purposes as approved In consultation wilh the Charrty Commission. TRUSTEESIDIRECTORS, REPORT For the year ended 31 March 2024 OVERVIEW 202&24 saw the continuation of CAWH'S recovery from the Covid pandemic. All CAWH classes and communily events are now conducted in person, or a mix of face to fac£ and Zoom. Our key aims for the year were met: This was the first full year of the Keeping Well Together project since the appointment of an Organiser, and rt has been a busy and exciting one with a range of new activities ooanised with and for the older population. We were able to conts'nue lo run and expand our popular CANDY (Chiklren and Young People) children's projecl, providing low cost after school club and free hOl￿aY playschemes. and these are even more popul8r with waiting lists. In response to the cost-of-living crisi5, a &week Repalr lJ)h)rkshop wa5 run In conjunction with a local charity, Restart parties helped volunteers to repair broken eledrical goods brought in by the public, and Warm Hub four times 8 week provmled hot lunthes and companionship. Monthly community events for the whole wpulation including films, bam dances and quiues We￿ run by trustees and staff, and a concert was organised celebrating local talent. In line with the new King's theme for his Coronation, the event Was celebrated with a volunteering recruiiment day. This raised several new volunteets. CA￿ also joined in wrth the local Slreet Party. Fundraising was a key aclivity. and CAWH was successful in raising different sources of income for our two key projecis to support them overthe nexi two to three years. as well as funding for new initiatives. Raising mutti-year core funding remains an important target. CA￿{ continued lo fundraise locally. and al the end of the year. its monlhly lottery had increased its membership to 84 of a target of 101. Longer temi, CAV¥FI continues lo require sources of mutti-year funding to provide stability and sustainabilsty to the organis8tion. A very useful Strategy Day involwng representati￿S from all parts of the organisation was held in June 2023. It reinforce(l our way fotward and set priortties for the coming year. OBJECTIVES & ACTIVITIES The Assoaation's purposes as set out in the objects contained in the AssoGiation's Articles of Association are to: pronM)te the benefrt of the inhabitsnts withoul distinction of sex, sexual orientation, age, disability, nationality, race, political, relvJious or other opinions. by associating together the said inhabiiants and the statutory authorities, voluntary and other onJanisations in a common effort to advance education and welkbeing and to provide faciltiies in the interests of social welfare for recreation and leisure-time occupation wtlh the object of improving the condrtions of Ibfe for the $8NJ inhabiianls,. establish. or secure the eslablishment of. a Communty Centre and to maintain and manage the same (whether alone or in co-operation with any stalutory authoiity or other person or body) in furtherance of the Objecis; promte such other charitable purposes as may from time to time be detemiined. The Charity shall be non-party in polilics and non-sectarian in religion. The area of benefrt shall be West HamF6tead and the neightK)urhood. To fijrther the purposes of the organisation. the Association is committed to ￿1￿ling 8 thriving and vKJorous communFty programme and community centre to benefrt the people of Wesl Hampstead,. to improve the life and health of all the communtly in the area by drawing on the resources of local residents and organisations.. and lo woth in partnership to develop voluntary actsvity in the community. CA￿￿ has objectives that ensu￿ we meel our and these are reported on under the Review Section. The Truslees review the aims. objectives and a(#ivities of the Associalion annually. taking into TRUSTEESIDIRECTORS, REPOR T For the year ended 31 March 2024 account the Charity Commission's guidance on public benefit. PREMISES CA￿ occupies premises on the first and seo)nd lloors of17 Domfell Street, West Hampstead, known as the West Hampstead Communty Cenlre. The Assoaalion has a 20-year lease, granted by Camden Council in January 2017, lo occupy and use the Centre, and pays rent of £5,500 a year. The Council continues to maintain and service the property and a quarterly service charge is paKI, which includes oa5 and electricty. CAW4 is restricted in its available physical spa￿. This has knock-on effects for the ￿nge and amount of activity provision that can be offered. The Community cent￿ Hall has a capacty of40 people seated, and is normally heavily used by a wide range of beneficiaries and Ihifd parties from toddlers to elderly, for social events. educational and recreational classes. workshops and parties. Space is hired from other organisalions lo run larger classes and events. and more spacious premises are sought. The ground floor of our premises is occupied by a chil(Jren's nursery, whose trustees and staff have kindly allowed CAVVH lo use its hall for meetings in Ihe evenings and weekends. FUNDING and FUNDRASSING CAV¥FI has been diversifying its fijnding profile since Camden Council ceased regular granl funding in 2012. The Council has however. supported CAifi4FI through tranches of one-off funding for activities and projects. CAWH'S income comes from a range of sources." trusts and foundations, hall hire, charges for actiwties, donations. fees forourcommunty events. sales of promotional materials. the 101 Club lottery. We benefit from the inpLrt of volunteers who help run activtties year in, year out to benefft the local communrty. Our key aim is to acquire mutti-year funding, L￿th for core and project cosfs. to continue our work of supporting an increasingly ageing population, provKling free and low-cost activities. and targeting those mosl at disadvantage through poverty or other physical. social or emotional challenges. PUBLIC BENEFIT In setting our objectihes and planning our aciivities, the Boaftl of Trustees gives careful consideralion to the Charily Commission's general guidance on public benefrt and in particular to rts supplementary public benefft. TRUSTEESIDIRECTORS, REPORT For the year ended 31 March 2024 REVIEW OF ACTIVITIES & ACHIEVEMENTS This year ha5 seen the delivery for publF¢ benefit of activities and achievements against the 10 key objectives in our business plan. Objective 1. Reduce isolation: promote local inclusion, cohesion and a sense of communrty for public benefit. CAWH aims lo create a warm, welcoming environment for the whole community with opportuntties for friendship by engaging WFth others, leaming new skills, and demonstrating and celebrating achievements. Our key target groups are older people, particularfy those isolated or housebound. and chiklren and youno people. but CAVW ex5sts for the benefft of the whole communFiy. Keeping Well Towher for Over 60$ Our new enthusiastic proFd organiser has been busy making contacts with other organisations in the area. In addition to rrtness classes for men and women, life drawing and observational art, many new activities have been initialed including a bi-monthly Coffee Moming. The monlhly Memory Clinic for those suffering from mernory loss and their carer5 In partnership with the agency Ruht at Home, has been extended to bi-monthly sessions focussing on music and art. Sunfeys and face to face discussions have infomed future adivities, and visits and talks eg to the British Museum 8nd Kew Gardens. Film afternoons, and new classes such as a Book Club and Mindfulness have been popular. Contact has been made wtth iso18ted okler people. through referrals from Care NaV￿al0￿. Nearfy 300 peo ￿e have enjoyed the Kwf adivities. A Wellbeing Day in February included lasters in yoga. meditation. T'ai Chi and mindfulness. and talks on self-care by a local pha￿ac1St and hearing loss. It was attended by over 70 Feople. An important part of the woject is to encourage volunteets, particularfy older volunteers, to share their knowledge and skills for Ihe benefft of others, and this has resulted in Voluntee￿ running dasses on writing Cv's, French cOn￿rSation. and ESOL. The Plarforni 1 Sunshine Garden A group of volunteers has ably maintained the Sunshine Garden at Wesl Hampstead Thameslink slalion. There are four large planters on Plalforrn One. The planters are valued by commuters and stalion staff. A small container garden at West Hampstead Community Centre is 8150 maintained for the benefft of the local communiiy and wildlife. Film Club The Film Club now wns quarterfy. run by a w)lunleerwith the support of Stsff and trustees, and focuses on films of local interest. CANDY- Children and Young People Project The CANDY project has had a busy year. The After School Club continued to run during term time on 4 days a week at West Hampstead Primary Sthool, offering Iow-COSt classes in art, craft5 and dance. A Print making course producEd goods that We￿ sold by the chlhj￿n at the Xmas Fair. raising £80. The chiklren said that they enjoyed the course immensely and it gave them 8 sense of achievement. A new Eco Club was developed after consullalion with the children, and this has offered a variety of activlties including making healthy snacks, gardening, and mending. A new after school Drama class was organised at the Cornmunity Centre. open to all primary age children. and ran extended hour5 at the request of parents. The summer of 2023 saw the final temi of the "Acting Upw Drama wothshop, whlch had been a huge success, and enjoyed by 12 children a term over the school year. The drama classes were aimed at year 6 and year 7 students to help with Iransition between primary and secondary school. A perfomance was given in the Hamwead School theatre at the end of the term, attended by over SO parents and friends. TRUSTEESIDIRECTORS, REPOR T For the year ended 31 March 2024 Holiday playschemes were provided free of charge 4 days a week during every holiday except Christmas. As a result of feedback from psrents we ran longer sessions of up to 3.5 houts, sometimes with two acliwties a session. and a lunch break. These have been extremely popular, with waiting lists for most sessions. Activities have included jewellery making, heaFthy eating and kitchen gardening, Model making and stowelling. Children who qualify for the pupil premium are priontised, and free lunches provided. Up to 60 children a week have benefftted. Objective 2. Enhance people's access to self41evelopment opportunities and therefore improve people's employment opportunities. CAWH bener￿ed from the help of more than 30 volunteets who generously gave their help with a wide range of service5.' running classes. helping with marketing and publicty, supporttng Ihe Plalfom One garden project. running social e￿nts. which enhance their confidence and skills. We were able to offer work experience to young teenagers durirKJ the children's summer scheme which they enjoyed immensely and saKJ li 08￿ them a sense of achievement. Objective 3. Improve access to advice. support and advocacy. People continued lo be signposted to a wKle range of seNces depending on their particular need. Serwces this year have included: One Step for financAal management adwice, CrtÈzens Advice Bureau, Age UK Camden, and ournepJhbounng Community Cenlres and organisations. The main areas where people have needed advice have been finance, help wilh their property, carfng for their aging parents and heatth related issues. Objective 4. Provide meeting space and support for voluntary and communlty groups. The Community Centre continues to be a welkloved community rEsource offering space to, and in partnership with local communty organisations including W4eari support group, Residents. Associations, and re1￿lOuS groups. This ts in addition to regular hall hire to groutts and individuals. Objective 5. Facilitate and support leisure. recreation, education. social welfare and heallhy living serlices and activities for public benefrt. The themes of healthy Ilving, exercise, and promotion of wellbeing underpin all CAWH'S programmes and activities. Classes and Activities CAVVH provides a whye Wdriety of actimtes for all the community, both directly and by providing a base for independent tutors to run classes. These have ranged from Drama, Pilates. Observational Art. Yoga, a Gadgei Clinic (run by Age UK Ca￿en). Photc*Jraphy. Dance for Fitness Zumba classes, Men's Keep Fit, Death Cafe and many more. This year, CAth direcily ran 18 low cosufree activities for adufis for public benefit, plus our children's aclivits'es. Community Events The Community Events Inftiative was inftisted by trustees and is run by trustees with the help of staff and volunteers. rt has CL)ntinued lo provide well-attended fvn and social OPF4)rtunities lo adults and children across the multi-ethnic mmmunity through it5 monlhly programme. This has included talks of local interest on the History of Kilburn and Wesi Hampstead; a talk on 'Grandparents in Taiwan Photographs & Untold Stories.. and an award winning short film about loneliness in older age which featured one of our own volunteers and Zumba class, called 'Dream of the Retum,. These were all attended by up 10 50 people. We ran an In-pe￿On walk around Wesl Hampslead attended by 30 people. 2 popular Quizzes (attended Dy 80 people), and two Bam Dances enjoyerj by 50 dancers of a range of ages and ethnicities. These Iow-priced inclusive events bring in a small but valuable income to the ofganisation. The revived Fim Club continues to be popular. and we are indebted to a knowledgeable local volunteer for not only offering a range of topical and local films. bul also adding interest by very often bringing 8 person of interest such as the Director or actor to talk about the film. TRUSTEESIDIRECTORS, REPORT For Ihe year ended 31 March 2024 A key evenl of the year was the Coronation of King Charfes 111. CAITh took up the King's volunteer challenge and organised a sU￿2S5rul volunteer ￿c￿liMent day With coronation cake and coffee. Another was a fvndraising Concert of All the Talents organized by staff and volunteers. and attended by an audience of over 90. Sparttling performances included Spanish dancing. poetry ￿ading. singing. and jazz, given by acis from 15 years UP￿ards. In addition, staff and trustees ran stalls al the local July and Christmas Fairs with act¢vities for chikjren, promoted CA￿1 at Stfeet Parties, advertised our activities al school fairs, and set up stall at the local Farmars, Mark6t at the beginning of éach 'term's' programmes. Wann Hub As a result of increased energy costs and the rise in the cosl of living. we opened 8 Warni Hub in January 2023, offering a warm welcome and a heallhy soup and bread lunch 4 days a week in the Communty Centre kitchen. sin￿ September 2023, it has teen fun by an exctllenl volunteer, and the frequency reduced to one a week. Imiile numbets have dropped. feedback shows CA￿1 users value having a time and place lo meet in a friendly environment, and CAllh4 is reviewing how best lo take it fon￿ard. Publicity and Marketing CAWH aims to reach out to as many people as posstble and has continued to improve its publicity. CAWH'S on-line Newslett2r continues to infotrn over 1000 househokls of actimties run by CAWH and olher local groups, and gives informa16on on matters of interest. Due to pressure ofwork. the Newsletter is now sent out monthty inslead of fortnightly. Our marf(eting was greally improved. 8annefS containing infomwtion about our regular and one-off aGlivities are put up termly in 4 prominent areas of West Hampstead, and hard copy programmes were produced and distributed to households three times a year. CAVW was promoted al slalls at the IOCAI Farmers Market. This all greatly improved our public face. Flyets of indtwdual events were put up in Iccal shops and lampposts etc by a team of volunteers. Trustees help to dislribuie our programme and Posters at)out indlvldual events thmugh Faceix)ok. lthatsApp and Nextdoor.corn The web-sile has had a lot of attention. but we recognise that it needs to be renewed and have ft)und company to help us improve il. and enable the booking of activrties and sale of merchandise. We have ordered arttl sell T-shirts, nwgs, T-towels and tote bags with a We Love West Hamp5tead design and the CA￿ logo. both for publictty and to raise funds. Objective 6. Promote and support communty led activty and act as a communlty anchor. This year the Community Association has supported local volunteers to develop new classes and activities that 8re offered free or at low cost to the communrty for public benefft eg F￿nch Convetsation. CV writing and English as a Second Language. CAVlkl offers support to other ￿)lUntary groups that regularly use its Cent￿ eg IhTrleart support group. Resources such as access to tables and equipment continue to be available to local communty groups and indiwduals. CAWH values and has benef￿ed greally from Ihe Contribution of partner organisations. We have slrengthened partnerships with olher local organisations such as Kilbum Older Voices Exchange, Age UK Camden, Mill Lane Garden Centre, Emmanuel Church, Sidings Cornmunrty Centre. Sidings Nursery, West Hampstead Primary School, Thameslink, 02 Centre, Right at Home care agency, schools, estate agents, the statutory sector and k)ca5 enterprise for public benefrt. We have benefrtted from volunteers from B&Q, who came to liven up and paint the outside of our premises. Locally based Oclane Capttal Ltd donaled funds to enable us to offer concessionary rates for our classes. We were grateful to Dutch and Dutch estale agenls who funded our new publicity campaign for a year, helping it get off the ground and pavir]g the way for better wmrnunication with our residents TRUSTEESIDIRECTORS, REPOR T For the year ended 31 March 2024 In future. CAVthI is now looking for a new sponsor. Objectlve 7. Respond tothe desires and needs of local people and seekto provide such services as may be required. We continue to regularly g8ther the views of people using the seNices through questionnaires. one to one feedback, intervEws and Colla￿On of comments. Feedback fom￿ are distributed after every activty and provhje useful information which we act on. Volunteers have uftdertaken consull8tion exercises. Objective 8. Establish, manage and continually develop a community centre in furtherance of these Objectives. We continue to make our amenfties as safe and available to Ihe community as possible. Our hall and kttchen continue to deliver our charttable activtlies for the communrty and generate income through hall hire. New equipment eg um, cookers and frwjge in the kitchen are available to hirers. There have been a number of improvements in the Communty cent￿ th8nks to the persistenl efforts of our staff. including repainting the front railings and door in attraciive colours. Sadly. our condemned outdoor lrfl Still awaits a replacement as it is vtlal for the access of people with ￿￿)bill1Y problems. Carrl readers help people make payments rn0￿ easily. Because of limited space in the Communty Centre, CAV¥FI runs tts arAtvities throughout West Hampslead. Larger venues in West Hampslead are hired to run actI￿lieS such as Zumba. We were grateful to West Hampsiead Primary School for the use of one oflheir halls for our fundraEing concert in October. and are extremely appreciative of an invitation to use their premises for larger events in the future. We look forwar(I to working more closely wtlh Ihem for our mutual benefrt. SIn￿On Nursery on the ground floor of our premises, have also been generous in exlending the use of their nursery for meetings when il is not being used, which has taken off some of our pressure for space. Objectlve 9. Ensure the centre becomes more envirormnentally sustainablè and works to reduce the carbon footprint l)olh of Fts premises, activities and those of the wider community which it serves. This therne continues lo underpin our work as we seek w8yS to reduce our footprint and impact on the environment.. e.g.by purchasing recycled papergoods, actively recyding, using environmenlally friendly cleaning products for the centre and drawing on IoGqI providers and supplieTr Whe￿ possible. Restart parttes are held every few months. where custome[5 can bring broken electrical goods to have them fepaired by trained volunteers. to avoid unnecessary waste. A 5-week Repair projed course was run by local charity Fixing Fadory Repair Club leaching people how to repair househokd iiems like toastefs and kettles. Objectlve 10. Fundraising in furtherance of these activities. Staff and trustees have been very actlve fijndraising this year. and thanks to the support of funders and supporters. have teen able not only to continue to run ongoing actiwties which are welcomed by the communrty. but also initiale new schemes. FUTURE DEVELOPMENTS & PRIORITIES Building on progress made last year, tasks Klentffied under e8ch key objective heading for the next twelve months are: Key Objective 1 Reduce Isolation and Build Community Spirit: Maintain and develop the Keeping Well Together proje(a prografnme. research and start new engaging ventures to reduce isolation and provNJe means of meeting othet5. ie a beginners 10 TRUSTEESIDIRECTORS. REPORT For Ihe year ended 31 March 2024 Carpentry Course, Cookery courses on how to eai well on a small budget, Community Gardening. Games Clubs. Research needs of families and young peopte and ￿Spond accordingly. Provide specific sessions for young teenagers where appropriate. Extend our programme lo parents and under 5s. Support activities which bring the mutti-ethnic communty logether and ceFebf8te the diverstty and talents of the community. Continue to run a Vvami Hub or Communiiy Café at least one day a week, to ensure a wami welcome to members of the communtty. Key Objective 2 Promote Access to Self-Development Opportunities.. Continue the themes of promotion of hea￿tt and well-being throughout for public benefit and continue to offer opportunibes for people to develop their skills and pursue their interests. To offera work experEnce programme to the local secondary school and Duke of Edinbuigh award scheme. To conlinue to offer opportuntties for volunteers to share Iheir skills and experience wtlh others. Key Objectlve 3 Improve Access to Advlce Services: Contlnue to lialse wrth Camden Councll, CAB and Age UK Camden to provide advice locally as needs arise Key ObjectNe 4 Provide Meeting Space: ActNely promote the availabllity of CAWH'S hall for hire, and continue to seek premises for activities as required. Key Objective 5 Facilitste Educational and Recreational Services: CAW4 to run a minimum of 16 activities directly at any one time across age ranges. and organi5e a wide range of community events such as talks. qulzzes. dances, concerts for the enjoyment of the whole communtly. Key Objective 6 Promote Communty Led Activity: To continue to recrutt new volunteers, and liaise with volunteering organisations. To increase the involvemenl of volunteers in all stages of design and delivery, expand the range and breadth of volunleering roles within CAVVH induding the recruitment of a wider age range of Truslees to join the Board. Build partnerships with other organisations for mutual benefit of the community Key Objective 7 Respond to Need: Maintain systeTr6 and structures to support Ihe work in the community by continuously improving consuliation. monrtoring and evaluation pro￿dure5. and recording of outcornes Key Objective 8 Maintsin a Community Centre: Continue to seek more spacious premises; pursue possibility of a move by Sington Nursery io allow the use of the ground lloor of 17 Domfell St, and Ilnk with Landsec and a potential new centre in the 02 development. To maximise use of the Communrty Centre Support the involvement of all staff 8nd tutors in the maintenance of the cornrnunity centre through training or developmenl opportunrties and reminders of good Heallh & Safety Pfactice To revÉew all policies and procedures to ensure CAIM4 continues to offer hoh quality, safe services. To adhere strro#ly lo safeguardlng rules and good pradice in the cenlre. Key Objective 9 Ensure Environmental Sustsinability: Continue to identify ways of demonstrating our comff4tment to reducing our carfoon footprint. To continue the Restsrt electrical repair 'parties' to save appliances from waste, and encourage recycling. Key Objective 10 Fundraising.. To acquire mutti-year funding for our cnre costs To wrile funding applications to secure funding to continue the woth wrth ourgrowing population of 60+ people who may be at rfsk of isolation. for children and young people's services and to support TRUSTEESIDIRECTORS, REPOR T For the year ended 31 March 2024 our core work. Continue to diversify our funding st￿arnS with Trusts and Foundations and implement the Fundraising Strategy. Pursue future funding opportunFlies with Caffwjen Council. To vigorously pursue our local fundraising programme, in particularto grow the 101 Club lottery to its target of 101 members plus. To encourage sponsorship from local shops and estate agents. FUNDRAISING REPORT CAWH'S project furM1raising has largely been suc£essful. Hampstead Wells and CamFKlen Trust provided £10,000 for the Keeping Well Together project in 2023-24. and we h8ve raised 2 year funding from April 2024 from National Lottery Awaf(Is for All and GarfieSd Weston which, togelher with an existing three year grant from City Bridge Foundation, secures the project's future until April 2026. Camden Council provvjed a significant grant from the Community Infrastruciure Fund with support from our councillors, which enabled u5 to support ihe CANDY children and young people's project for the year. John Lyons Charity supplied funding for our holiday playschemes. At the end of the year, we had welcome news thal John Lyons Charity will fund our CANDY children and young people's project for three years to April 2027. However. we were disappointed not to be successful in a bKJ to se(JJre seven-year core funding from CarTKlen Council Partners Fund. We continue to need to raise multi-year funding for core costs to give the organisation siabiltty and sustainability. We have weleL)med closer communication wilh the Camden Partnership Team since our application was refused, and hope they better apprectate the significanl Contribution CAWW makes to the V¥Èsl Hampslead community and the financial stresses on our organisation. Prior funding from Canxden and Hampstead ￿￿11$ and Canylen Trust continued lo provKJe fijndlng for the Warm Hub. CAWH has also been very act[￿ In local fvndraising. Our monthly lottery, the 101 Club. has a target of recruiting 101 members to r8ise £5.IXIO profft a year. For a stake of £5 a monlh. members have chance of winning £100 a month. with extra £100 prizes in June and December. The lottery is run by a Volunteer. To make the most of our reserves, £30,000 was invdsted in a 5% fixed rate one year account wilh Cambridge and Counties Bank. Our low-cost community events programme of talks. walks, quizzes and dances raises funds for the ot7Janisation. as do our marketing materials, and we are promoting ways of giving ihrough local giving.com, easyftJndraising.com. as well as cash donations. FINANCIAL REVIEW Total income in 202&24 was £128.374 (2023. £143,025) and total exFEndilure £124.%0 (2023: £96.381), leamng a net income of £3,814 for the year (2023.. £46,644> and funds carried fornvard of £120,749 (2023.. £116.935). As healthy a5 this looks, much of thts surplus are grants carried forward for Gommitted expense5 and projects. particulaty £27,500 for Kwf projects in the next two financi81 years (FY) 2024-2026. Vve still must raise funds to continue our sepéiC*S as we will be reduced to our minimum reserve of £50,000 under the cuffent circumstance by the end of FY 2024-2025. CA￿￿ wort(ed hard to raise funds during the year. Our income from hall hi￿ was £24.748, an increase by over 10% from our previous year (2023: £21.855). Funding applicatK)ns were successful, TRUSTEESIDIRECTORS, REPOR T For the year ended 31 March 2024 and we are indebted to all our funders. Hampstead Wells and CamFKlen Trust provided £10,000 for the Keeping Well Together (KWT) project and we raEed 2-year funding stsrting from April 2024 from National Lotlery Awards for All and Garfiekl Weston which. together wilh an existing 3-year grnnt from City Bridge Foundation, secures the project's future until April 2026. Camden Council provided a signific8ni grant which enabled us lo support the CANDY children and young people's project. John Lyons Charity supported our holKlay playschemes. and further >ye8r funding from April 2024 until April 2027 for our CANDY children and young people's project. Our own fvndraising efforts continued. raising £8,560 between the 101-dub lotlery and CAI communrty e￿nts (2023: £5,401). wrthout regular ￿[e fvnding CAIN4 will always *ruggle to keep afloat and spend too much of ts time fundraising instead of doing what we want to do.. provide sep•ices for the benefft of our community. We were turned down fof the 7-year fflufti-year fundin9 by Cafrfen Council funding forlhe charity sectorwhich wa5 disappointing. Nonetheless, we will conlinue to fundraise for our proje￿ work with full steam and energy for the year ahead. Reserves Policy In view ofthe fad that CAW4 has no regular sour(t of grant income. CAM alms to mainlain a reserve In excess of £50.000 unrestricted funds. The policy is reviewed regularly based on changing circumstsnces. The Reserves Policy outlines how any reserve will be used. invested or allocated by the Trustees. The policy is due to be reviewed in 2024. The trustees agreed to designate £10,000 in 2023 from the unrestrided funding carried forward to supplement the shortf811 in funding for projects as needed. Investment policy and perfonnance The organisation aims to invest rnonies not immediately required for its own purposes in or upon such Investments, securities or property as may be frt. CAb%Tr4 has invested £30,000 rese￿eS in a one-year fixed rate accounl with the Cambrmlge and Counties Bank al a rale of interest of 50/0. Our Treasurer will be looking to invest available monies in safe short-temi investments with good rates of interest. 13 TRUSTEESIDIRECTORS, REPOR T For the year ended 31 March 2024 STATEMENT OF TRUSTEES. RESPONSIBILITIES Company and Charity Law requires the Trustees to prepare finanaal statements for each financlal year which give a true and fair vtew of the state of affairs of the Association and of the incomino resources and application of reSoUr￿s. including ihe income and expenditure, of the Association for that period. In prepafing these financial slatements. the trustees are required to.. select Sutiable accounting policies and then apply them consistently", observe the methods and principles in the Charrties SORP.. make judgments and estimates that are reasonable and pwdent.. state whether applicable UK accounting standards have been followed. subjed lo any rnaterial departures disclosed and explained in the financial statements- prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting Trcords thal disclose wrth reasonable accuracy at any time the financial position of the Association and enable them to ensufe that the financial statements comply wtth the Companies Aunt after allowing for any tiade di5count5 due. The charitable company only has financial assets and financial liabilitfies of a kind that qualfy as basic financial instruments. Basic financi81 instruments are initially recognised at transaction value and subsequently measured at their settlement value wrth the excepts.on of bank loans which are subsequently measured at amortised c05t using the &ffective Interest TTrethod. Pension# THE COMMUNITY ASSOCIATION FOR WEST HAMPSTEAD LTD. The charrtable company recognises tts liabilttses under auto enrolrnent The stsging date was Oct 201e and the charrtable Company has enroled in the government backed NEST pension seheme. 21 TrIE COmP￿1N]ry ASSOCIATION FQR WEST H￿IPsTE￿I LTD. forlh• w￿1•1￿1¥d )1 2024-¢¢AMlnu•d Tethl 2ty24 OonrtSons 1.02$ l19J 2023 LknèiDry$ 5878 S,¥78 2024 SeNrÉ3 lo tenefi Intstsi Grntrt Inco Harnp*ao VdefiJand Camrthn TnA LY￿ Chanty 10( 10,[ London acmgn d CaTrden CL Icmmunty Infr85trudure Ltvyl C2y arQoe Tr Thè Di8tsnai Lfftcommunty Fur>J N,'SA Garf￿￿ V4È*n Fouthothn Carr.¢en Ew Ports t73SAO t75A 211 hr Ir4>TFe frvm lundB$nq arqes for 24748 127 £50J74 127 Tot¥l from¢lMT*4bl•acUvlU•s £52J74 £73207 e128,181 2023 Serv￿s to ten￿￿n￿2￿#aryts Flafflpste* Iveiis andCa* To*t 151 42C fl 768 26 Tea Clty Lets Cwt8Jubiee Ftu¥i 10 585 £57 985 £34 93E £92.923 21855 54Ql 78 958 21 855 540? 16 96a rge5 £44 224 £44.224 £102209 £34 938 £137 141 E8n4 In Tr¢E COMPAIN1￿ ASSOCIATION FOR WEST HAAfflSTEAD LTD. Ilrkn¥ to th• flrnncl* siot•ffthts forthe y•w •ndÈd 31 Pkn¥¢h 2ou.L￿rtln￿ed Analysls of •xwdlEur• E4vÈndilui¢ repfe6enlE Ihe'.c4b¥¥4ry ¢J¥¢¢t ard urrn¢rod 4,41 61.284 277£ 518 Staff c￿6 FrÈeian¢e activ￿ty #air Clber costs Pfemisel co¥ls Rerrt Iraies Ir￿ul8r￿* ONice cos ]r¢e￿ndern[ Exèrn 518 3. 4761 i.ln 5.624 331 242 13 4818 y￿￿￿te£r 8¥F•rtse5 Goveman Tru6tee Ira1nsrWexwr De¥ecaalion 533 472 4r2 124 7024 23 73.632 68 166 J.928 28.215 124 550 aYd3 12788 49. SI*1￿¢)5￿ 41 701 14 2ryJ 1.484 14.2C 1.855 Other 5tsMs)515 Premt5aF Ctys Rfjrrf r23 6. 148 647 7.233 647 5.766 1.537 114 1.618 rth￿cOsts 577 ioj Fund￿$ 1.616 152 rrUst￿ 8.016 83.382 96 381 N•t Incorrnfof Ihe The for it* year al*r 23 C*ryeGialian oftswtit frAEd èsÉ*s owrerttyl￿ E*arrArykn cliwr•K*ry7 3tsi 2Q24 67g THE COMMUNITY ASSOCIATION FOR WEST HAMPSTEAD LTD. Notes to the financial statements for the year ended 31 March 2024- continued staff GOSts Staff costs during the year wRre'. 2024 2023 Salaries and wages Social Securtty costs Pension costs 65.542 46.834 1,694 2229 £67.236 £49.063 The average number of employees dunng the year ￿d$ as folltr*VJ, all staff are part time 2024 N £nill. The key management personnel of the chafrtat4e company Included the TTUStees and the Manager The total emrloyee benefits including emF4oyerfs natsonal ifEurance and pension contnbutons Fold to key management personnel ￿re £28.420 (2023 £26,405) Tangible fixed assets Flxture5 & Fittings Office Equipment Total Cost A¢Xitions at cost 6,409 6,1SS 620 11565 620 At 31 March 2024 6.409 13,185 Depreciabon. A¢¢umulat8d Deprectabon * 1 April 2023 Charge for year 6.409 4.527 679 10,936 679 At 31 March 2024 6,409 5,2C6 11.615 Wlltten Down Values.. At 31 March 2024 At 31 March 2023 1.829 1,629 THE COMMUNITY ASSOCIATION FOR WEST HAMPSTEAD LTD. N¢XeS to th• Ilnancl•l statements for the ended 31 March 2024 - contlnued Debtors Due ￿th1Th one year. Prgpgymgnts 2024 2023 T69 Other d•btsrs 1.018 3.266 £2,027 £4,035 10 CredltOTJ Amounts faning due Ythhln on• y•ar. Accruals Deferredlpr&pAid incorne Soual securty and other tsxes D•pcst for keys held 2024 2023 10.285 343 1.987 1,877 £8,$44 £10.828 Anal￿1$ of Tret assttts belwft funds Unr•strlct•d Funds Restrlct•d Funds Totsl Funds Fund Balances at 31 MarGh 2024 are represeTrted by.. Tangiblg Fixed Assets Current Assets Creditors.. Amourrts falling du ¥￿trIn ono year 75,882 51.841 127.723 (6.557) _ 1.987 18,5441 Total n•t assets £69,325 £49.854 £119.179 Ar44ly41s of net 4sstts betfftw funds - prfc* ￿ret￿npWaIfv0 Unrnjtrkted Funds R•strtcl•d Funds Tot81 Funds Fund 8018n¢es 8t 37 MarGh 2023 rnprnsenled by.. Tangble Fix8d Assgts Cuffenl Assets CTrditots. An￿Unts falllng due in one ye8r 101.374 24.560 125.934 (10.285) (343) (10.628? Total ntrt888•ts £91,089 £24.217 £115.306 THE COMMUNITY ASSOCIATION FOR WEST HAMPSTEAD LTD. Notes to th• flnanGlal ¥tatements for the year ended 31 March 2024 - contlnued 12 Funds Fund rnove￿nts were as follo1￿.. At 01 Aprtl 2023 InGomlnq Outyolng Transfers At bet¥%*en funds 31 March 2024 Restrl¢ted Fyndj Children's proJgcts Keeping Well Togelher for lknr Warm Hub Gard8nlng Platfomi 1 3.n7 14,600 35.374 {Xl.4731 (27.791) {2.5&)1 {148) 18,722 27,500 3,280 352 2,191 Total R*strl¢lvd Funds 24.217 74,374 (50.928) 2.191 49.854 Unrestrl¢tsd lunds: General funds Deslgnated funds 82.718 10.000 $4,000 (73.832) 12.191) 60,896 10,000 Totsl fvnds £116,935 £128.374 {£124,560} £120,749 Funds- d•scrfpdon Chlldren'5 projects Child￿￿,$ ProFcts- proV6￿n of a ronge of activrt*s at the o)mmunty untro. aftgr Yd)t>)I dubs at ￿¥St Harnpstsad Primary School arkd holiday workshop> Al ac￿v￿e9 tske plo¢t in the John Lyon s cfAnty area ol Keeplng Wdl Toq•therf(Y Ovw 60s Regular and v•ri8d progrdnyne of vrnlbeing adNfoes for tha ov&r 608 Warni Hub The Vvam Hub offer•d a numous me81 four days a week durirvJ eoldèr ￿ather to local r¢gdents {subsequen11y one day a weok). and a warm Y**lcomo in a pleasant gnvironryent. GaTd•nlng profvct Fundiry to rr4intsin Platlorm Onè Garden ￿ntsr5 at West HamF6tead ThanEslink *8tion, arrtl a t£*ntsiner 98rd8n at West Transfers b•i**en fvnds TrBnsfèr in current year from General Funds Io sUPPOrt the t*it ift the year on the W wJJect. Trensfer ￿ 2023.. The funds re¢&ivod fium the Camden S106 phnning Obli￿t￿n$ developercontn'butions am unrnst17Cted in 2023?3. The truste8s have 8g#•d that some 01th￿ fvndinG stsouldbo de>￿&ted fo that proieds can confr.nue to b$ supported when m*ri¢t¢d fvnding does noi lully cover tlje woiad co&s. THE COMMUNITY ASSOCIATION FOR WEST HAMPSTEAD LTD. Note$ lo the flnanclal statements for the year ended 31 March 3)24 - contlnued Funds . prlor ye•r comp•radv• Fund moven7ents as follows A¢ 01 Aprfl 2022 Incomlng Outgolnq Trnnsler4 At behvegn fund5 31 March 2023 Restrjctèd Funds Children's wojoets Keoping W•ll Topthef for Over eos Levs Crg8ts Jubilee W8m Hub Aduk Art Trail 7.494 io.ooo t1.CQO 10.CQO 3.880 9.258 (14, 77 T) (5.400) (3.8eoJ (3,418) 1800) 3.177 14.600 8,840 Tot•1 R•$trf¢tsd Fund• 17.494 34,938 128.215) 24,217 Unrestrictsd funds: General funds Deslgnated fund¥ 52.797 108.087 (8l168J (£I0.tWO) £70.000 82.718 io.ooo Total funds £70.291 £143,025 (£98.381J £11O.935 13 Toxauon Th¢ ¢hgnty is eyernpt from tsx on incoTh ond gains tslliThJ within CtApter 3 of Part 11 of tho Corporation Tax Act 2010 or Section 2% c*f tho Taxabon of Charge3￿e Gairts Act 1992 to fv extsrrt that tsse are applied b its charitsble obpcts. No tax charg96 hovfr arisgn in ctonty. 14 Related partle$ Several truste¢s and related parties are rr￿m￿r5 of the CAWH 101 Club. a fundraisirvJ lottsry. aggregats donatrons including ts) the lottery aft￿Uftt to £660120TJ' £4201. all memb8r5 are equally ablg to wn from the lottery. There ar? no other donations from relatsd partt.es vknidi *FP Qutsde the rK*m*l ¢oursg of busint88 no restr.ctsd donations from relatod parbes. 15 Capltal commllments At 31 Marth 24 tho charit8￿8 comp9ny had no ￿rn￿￿tr￿n￿13)23'. nd) 18 Other commltsn•nts At 31 Marth 24 th8 charitat￿e company had no annual CQFTYrthnts urKler non-canctllat4e operydting leases for tthce equIp￿nt The tharitsbfe company has renegot'atsd the r•n•wal of th81oase on bulthng Ynth L￿thn Borough of Can)Jen The transbe￿I funding ansngement is no lonyr In opeobon. L&aso expiring.. 2024 2023 Within 1 year 2ts5y¢8r8 MO￿ than 5 ye8rs 22.000 49.500 17 Contlngofit asmts ￿ Ilabllltl•$ 18 Legal status of the charlty The charity is 8 ¢xmpany Iimsted by and ha$ no share captsl. The I￿1￿1{ty of each mambgr In the 8vont of wnding up is Iimrtèd ts £1