Registered number 07303004 Charity Registration No. 1138756 LEARNING & DEVELOPMENT CENTRE LIMITED Trustees Reports and Financial Statements For the year ended 31ST March 2024 TAHIR ACCOUNTANTS EPCA Office N l Thorpe Close London WIO 5XL CHARITY COMMISSION FOR ENGLAND ANO WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trusteesldirectorsl members of Learning & Development Centre Limited (LDC) On accounts for the year ended 31st March 2024 Charity no.: 1138756 Company no.: 07303004 Set out on pages 1-11 Trustees Report, Accounts and Notes 12-26 I report to the charity trustees on my examination of the accounts of the Company for the year ended 31103124 As the charity's trustees of the Company (who are also the directors of the company for the purposes of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 {￿he 2006 Act"). Having satisfied myself that the accounts of the Company are not required to be audited for this year under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Acf). In Garrying out my examination, I have followed the Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act. Responsibilities and basis of report Independent examiner's statsment I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below ') which gives me cause to believe that. accounting records were not kept in accordan￿ with section 386 of the Companies Act 2006. or the accounts do not accord with such records; or . the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 other than any requirement that the accounts give a 'true and fair. view which is not a matter considered as part of an independent examination" or •the accounts have not been prepared in accordance with the Charities SORP (FRS102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Please delete the words in the brackets rf they do not apply. Signed: Date: 2610912024 Name: l. Tahir Relevant professional qualification(s) or body (if any): LICENSED ACCOUNTANT FMA4T Address: EPCA Office N 1 Thorpe Close London W10 5XL Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief detsils of any items that the examiner wishes to disclose. CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, annual report (including Directors, report) for the period of 01104122 to 3110312023 Charity name: Learning & Development Centre Limited Charity registration number: 1138756 Company number: 07303004 Objectlves and activities SORP reference Para 1.17 Summary of the purposes of the charity as set out in its governing document The objects of the Learning & Development Centre (LDC) are: 1. To promote exclusively charitsble purposes according to the laws of England and Wales for the benefit of disadvantaged ethnic minority parents and carers by: a) the advan￿rnent of education; b) the preseNation and protection of good health-, c) the provision of facilities in the interest of social welfare for recreation or other leisure tirne occupation of individuals who have need of such facilities by reason of their youth, age. infimiity, or disability. financial hardship or social circumstances with the object of improving their conditions of life. 2. To advan￿ in life and relieve needs of young disadvantaged people through: a) The provision of recreational and leisure time activities provided in the interest of social welfare. designed to improve their conditions of life- b) Providing support and activities which develop their skills, capacities and capabilitie5 to enable them to participate in society as mature and responsible individuals. Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or seNices identified in the accounts. Para 1.17 and 1.19 Ke Activities for the ear of 202312024: l. Summa of Out uts for Curriculum Lessons: As the LDC curriculum education objective is to improve educational performance & attainment of disadvantaged children & young people, the provision of our curriculum education in English, Maths & Science had been delivered throughout the last three school terms (Autumn Terms 2023, Spring & Summer Terms 20241 in the form of: > follow-up group lessons of the curriculum core subjects; > One-to-one support with special needs & homework; One-to-one support with preparation of exams for SAT & GCSE. rime & duration of activities: the curriculum education classes had been running, mainly on Saturdays for 4 hours per week (loam - 14pml and average 12 weeks per Term and 36 weeks or 144 hours throughout the year. Number of beneficiaries: the LDC curriculum lessons had been successful as usual in meeting our maximum expectation in the academic year of September 2023 to July 2024. Since the start of our curriculum classes in the Autumn term 2023 up to the end of Summer Term 2024, 43 children & young people attended the classes in English, Maths and Science as planned. As the LDC Learning Centre can accommodate only 25 to 30 people at one time, the number of weekly attendances was: > 30 in the Autumn Term IK51/2 = 14 & KS314- 16) > 29 in the Spring Term {KSI/2 - 13 & KS314= 16) > 28 in the Summer Term {KSI/2 - 14 & K5314= 151 Unique number of beneficiaries: although, the total follow-up number of the beneficiaries for the 3 terms was 87 (30+29+28), the unique number of beneficiaries by the end of the year was 43. From our experience, on average 75%- 80% of the beneficiaries attending classes in each term are expected to continue to attend the classes throughout the year. For example, in the 2023124 academic year, 24 out of 30 pupils or of the beneficiaries, who attended the classes in the Autumn Tenn 2023 continued to attend the classes in the Spring Term 2024, and 23 out of 29 pupils or 79% of the beneficiaries, who attended the classes in the Spring Term continued to attend the classes in the Summer Term. That means by the end of the Autumn Term 6 pupils left the Supplementary school, while 5 new pupils joined the School during the Spring Term. In the Summer Tem only 5 pupils joined the Supplementary school, while 23 pupils who attended the Spring Term classes continued to attend the classes in the Summer Term. Beneficiarie5' bac rounds ender & ethnici e: 35% and 65% of 43 beneficiaries who had regu5arly attended the curriculum classes throughout the year were the age of 5-11 (Primary school} and 11-16 (Secondary school) respertively. Gender= 47% and 53% of 43 beneficiaries who had regularly attended the curriculum classes throughoutthe year were girls and boys respectively. Ethnici . in the academic year of Sep 2023 - July 2024, 43 minority ethnic children and young people benefited from the curriculum education lessons at our Supplementary school. 70% of the beneficiaries were from African Black Minority Ethnic, 28% from Asian Mlnority F.thnic and 2% from other white ME communities. 2. Summa of Out uts of HAF Pro rarnme The extracurricular holiday programme is demanded by the local disadvantage children & young people who cannot afford to go on holiday, particularly during the Summer, Winter/Christmas, and Spring/Easter school holidays. The holiday activity and food programme IHAFI has been widely recognised and sUPPOrted by voluntary community organisations and the London Borough of Camden Council as the programme has demonstrated a positive impact on the social life & mental health of disadvantaged children & young people. The main project objective is to= develop physical strength, promote inclusiveness & reduce social isolation & exclusion; > develop knowledge of art, creativity & cognitive ability; understand nutritional values of healthy food & raise awareness of unhealthy eating. To achieve our objectives, we had delivered the following outdoor and indoor activities during the last Summer, Winter and Spring holidays 2023124-. Multi-sport (football, table tennis, basketball & racing) > Exercise & Fitness & climbing in the play-ground > Entertaining & artistic activities in the Learning Centre > Healthy & hot/fresh free meals > Nutritional & healthy eating lessons 1. 32 children & young people attended the Summer Holiday Activity & Food IHAF) programme that was delivered for 4 hours per day and 4 days per week and 4 weeks during the summer holiday 2023. 90% of the beneficiaries were eligible for Free School Meal that was monitored by Coordinate Sport System & reported to the funder. Young Camden Foundation (YCFI 2. Z8 children & young people attended & participated in the Winter/Christmas HAF programme that was delivered for 4 hours per day and 4 days/w during the Winter/Christmas holiday. 93% of the beneficiaries were eligible for Free School Meal that was monitored by Coordinate Sport System & reported to the funder, Young Camden Foundation IYCF) 3. 28 children & young people attended & participated in the Spring/Easter HAF programme that was delivered for 4 hours per day and 4 days/w and I week during the Easter holiday. 90% of the beneficiaries were eligible for Free School Meal that was monitored by Coordinate Sport System & reported to the funder, Young Camden Foundation (YCF}. Unique number of beneficiaries: the total follow-up number of the beneficiaries for the 3 HAF programme was 88 (32+28+28), while the unique number of beneficiaries was 48, because: > 69% of or 33 out of 48 beneficiaries in the last HAF summer programme continued to participate in the Winter & Spring holiday programme; > 31% of or 15 out of 48 beneficiaries joined HAF holiday programme in the Winter/Christmas & SpringlEaster holiday programme. Bene Iciaries b ender & ethnici e: 71% and 29% of the beneficiaries who had regularly participated in the HAF holiday programme in the last 3 terms (Summer, Winter and Spring 20231241 were the age of 5-11 (Primary school) and 11-16 (Secondary school) respectively. Gender: 48% and 52% of the beneficiaries who had regularly participated in the HAF holiday programme in the last 3 terms (Summer, Winter and Spring 20231241 were girls and boys respectively. Ethnici . most of the beneficiaries were from Black & Asian minority ethnic communities. 3. Dro -in Advice & Information Provision: Summary of Outputs & Outcomes: Along with the Curriculum education lessons and HAF holiday activities, LDC staff and volunteers had provided drop-in advice, information, and Community support services throughout the school terms (September 2023 to July 2024. The drop-in advice & information provision had been accessible to parents/carers and elderly people who are in need of our services. Our drop-in advice services have been provided in the form of consultation meeting, distribution of awareness & promotional information. Outputs: the face-to-face drop-in advice & information had been delivered to 17 parents/carers on children's education, social behaviour, and family issues, and housing & benefit support services for 11 elderly people who attended the face-to-face and telephone services. 4. Local Community Network & Partnership: Alongside our community SUPPOrt activities in the academic year of 202312024, LDC has been working in partnership with the local communities, voluntary & statutory organisations such as Supplementary Schools in Camden, Camden supplementary schools Forum, Yang Camden Foundation {YCF), Natlonal Resource Centre for Supplementary Education INRCSEI and Voluntary Action Camden (VAC). Working in partnership with the local partner organisations in the last academic year was extremely beneficial for LOC to increase the network and sustainability of its activities & services and to have access to free trainings. Workshops and Quality Marks. Working in partnership is also important to expand the extracurricular holiday activities for all and the provision of free & fresh lunchlfood for the local children who are living in Camden and eligible for Free School Meal, as well as to share information & good practice that has made great contributions to the positive impact on our beneficiaries. statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit Para 1.18 No Additional information (optional) You ma choose to include further statements where relevant about" SORP reference Not applicable Policy on grant making Para 1.38 Not applicable Policy on social investment including program related investment Para 1.38 Volunteering: Operational activities & ServI￿S in the past year were delivered by 2 full & part-time pemianent staff. 4 sessional Tutors, 3 multi-sports Coaches and 3 volunt&rs. The volunteers had made great contributions to the achievement of our community organisation by working 5-10 hours voluntarily per week. The permanent staff have also made great contributions to the achievement of the organisation by working overtime voluntary work for 10-15 hours per Yeek. Contribution made by volunteers Para 1.38 The operational action of staff & volunteers is accountable to the Senior Management Team (swr) that includes 2 signatory Board members & the coordinator senior staff member . Other Achievements and performance Outcomes of Curriculum Educatlon: l As the main objective of the curriculum lessons is to i iifipf'ove the &a'.i-=ational performance & attainment of the target beneficiaries, the project progress ha5 successfully met the experted target outcomes as follows. The success of the project and the improvement of the benef iiiaries in their curriculum lessons has been measured by the teachers, baseline and the total progress outcomes have been counted as follows: > termly progress tests {60%) > class work performance (30%) attendance & punctuality {IOOA} Summary of the main achievements of the charity, identifying the difference the charity's worf( has made to the circuMstan￿S of its beneficiaries and any wider benefits to society as a whole. Para 1.20 Based on the average termly progress-test results, class- work performance (teachers, notebook) and class attendance throughout the three terms (Sep 2023- July 2024}, 520A, 38% and IO% of 43 beneficiaries, who regularly attended the classes have demonstrated significant progress (70% - 100%) and satisfactory progress1500h _ 70Y.l and unsatisfactory (<50%) respectively. The contribution of our supplementary curriculum lessons to the long-term educational attainment of disadvantaged children & young people is significant and this is proved by the academic success of our supplementary school students. For example, one of our long-term students who have got top GCSE exam results in 2022 has been offered a place to join Oxford University in October 2024. Many of our students have been and will be inspired by this kind of great success. Outcomes Benefits HAF Pro ramme: The HAF holiday programme had been successful in delivering the proposed activities and achieving the following positive outcomes. > 48 beneficiaries had actively participated and benefited from our outdoor multi-sport physical activities and have developed sporting habits and skill¢ thai enable them to 'be more active, in their future day-to-day lives. > The beneficiaries have witnessed that they have significantly benefited from the entertaining & artistic activities by'taking parf in a range of indoor actlvitieg such as painting, drawingi dancing & reading storles. The indoor activities had enabled beneficiaries to promote inclusiveness, participation in the community activities and tackle possible social exclusion & isolation. > The beneficiaries had successfully benefited from the healthy eating & nutritional lessons by developing or'having greater knowledge of health & nutritlon, as well as the awareness of the benefits of balanced diets. > The beneficiaries had enjoyed the provision of nutritious, hot & fresh foodllunch throughout the programme. Outcome of Advice & Information Provision: The positive outcome of the advice & support services has been monitored & evaluated by the feedbacks of the beneficiaries. Based on the beneficiaries feedbacks, 16 out of 28 beneficiaries completed the questionnaires and 98% of them had been fully satisfied with the drop-in advice, information & support services delivered on a face-to-face basis in the Learning Centre by the LDC staff and professional trainers. Achievements against objectives set Para 1.41 The performance of fundraising activities in the last financial year of 2023/24 was sustainable in obtaining annual turnover of £51,291. Performance of fundraising activities against objectives set Para 1.41 None Investment performance against objectives Para 1.41 None Other Flnancial revlew Review of the charity's financial position at the end of the period Para 1.21 The financial situation of LDC in the last financial year of 2023124 has been sustainable in obtaining annual turnover of £51,291. The main financial sources of LDC in the last financial year were: l) John Lyons Charity: 48.7%, 2) Young Camden Foundation: 32.1% and 3) LDC Income- generating sources: 19.2%. ststement explaining the policy for holding reserves stating why they are held Para 1.22 LDC Reserve policy is 5 % of the total income of the year, as a ￿serve policy is useful to cover a financial gap that may happen at any time in the future. £2,565.00 (5./0 x £51,291) of the annual income Arnount of reserves held Para 1.22 Reasons for holding zero reserves Details of fund materially in deficit Para 1.22 NIA Para 1.24 nla Explanation of any Un￿rtaInt[eS about the charity continuin asa oin concern Para 1.23 nla Additional information (optional) You ma choose to include further statements where relevant about: The charitys principal sources of funds (including any fundraising) Para 1.47 We do not have any investment policy. Investment policy and objectives including any social investment policy adopted Para 1.46 The charity has not been fa￿d by possible risks in the last academic year of 202312024. A description of the principal risks facing the charity Para 1.46 Other Structure9 governance and management Descri tion of chari 's trusts: Type of governing document: for example, trust deed, memorandum and articles of association etc How is the charity constituted? for example, limited company, unincorporated asSO￿ation, cio Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to oint one or more trustees Para 1.25 Memorandum and Articles of Assoclation Para 1.25 Charitable Company limited by guarantee Para 1.25 Trustees shall be nomlnated and elected by the community members every three years or substitute trustees can be co-opted by existing trusteesldirectors. Additional informatlon {optional) You ma choose to include further statements where relevant about.. Policies and procedures adopted for the induction and training of trustees Para 1.51 The charity's organisational structure and any wider ne￿Ork with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and administrative details Chari name other name the chari uses Re istered chari number Charit rinci al address Learnin Learnin 1138756 71 Kin & Develo & Develo ment Centre Limited ment Centre LDC ate Road, London, NW6 4JY Names of the charity trustees who manage the charity Trustee name Office (rf any) Dates acted rf not for whole year Name of person {or body) entitled to appoint trustee (if an Sara Tesfv Registered members Registered members Registered members Board of TrusteeslDirectors Elizabeth Mulatu Muluberhan S Jemaw Azeb M Gets Abebe Teka Board of TrusteeslDirectors orate trustees - names of the directors at the date the re Mrs Sara Tesfu Mrs Elizabeth Mulatu Mr Muluberhan S Jemaw Ms Azeb M Geta Mr Abebe Teka ortwasa roved Name of trustees holding title to property belonging to the charity Trustse name NIA Dates acted if not for whole ear Funds held as custodian trustees on behalf of others Descripkn'on of the assets held NIA in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian chari 's ob.ects Details of arrangements for safe custody and segregation of such assets from the chari s own assets NIA NIA Additional Information (optional) Names and addresses of advisers (optional information) Type of Name Address adviser Name of chief executive or names of senior staff members (optional infonnation) Mrs Sara Tesfu ff rusteelsignatory) Ms Azeb M Geta (Trusteelsignatory) Mr Merhatsidk Kennaw (Coordinator. Senior staff member) io Exemptions from disclosure Reason for non-disclosure of ke rsonnel details NIA Other o tional infomiation Declarations The company has tsken advantsge of the small companies, exemption in preparing the report above. The trustees declare that they have approved the trustees, report {including directors, report) above. Signed on behalf of the charity's trusteesldirecto Signature(s) Full name{s) Position (for example Secretary, Chair, etc) Mrs Sara Tesfu DirectOr￿rUStee Date li Leaming & De¥elopment Centre Limited Chant No Com an No Annual accounts for the 1138756 07303004 eriod Period end date Perk￿ start dale 0110412023 3110312024 Section A Statement of financial act4Vities {including summary income and expenditure account) Restricted income funds Unrestricted funds Endowrnent funds Prior year funds Recommended categories by activity Total funds Income (Note 3) F01 F02 F03 F05 Income and èndowm•nts from: Donations and legaoes SD1 41,456 haritsb￿ a¢tiwti85 802 9.841 other trading activities Investsnents S03 SQ4 Separate material item of incoTne S05 other S06 Total Expenditure (Notes 6 Expenditure on: RaIsi￿g funds Cliariiable aGtNities S07 9,841 S08 Sog 9.399 45.574 117 325 Separate rnaterial expense iiern Legal & ProfessKJnal costs S10 S11 325 Total S12 Net incomel(expenditure) before tax for the reporting period Tax payable S13 117 S14 Net incomellexpenditure) after tax before investment gainsl(losses) Net gainslllosse81 on investments S15 S18 14et incomel(expenditure) Extraordinary items Transfers between funds Other re¢ogntsed gainsl{Ios5e$): S17 117 S18 S19 Gains and losses on revaluation of fwl assets the chariV$ own use Othergainslllos8esl Net movement in funds S2D 462 498 S21 S22 Reconciliation of funds.. Total fijnds broughtforw8rd Total funds carried fO￿ard 114 114 28,653 S23 24,926 S24 459 4,560 12 Leamlng & De¥•lopm¢nt Centre Llmlted Charify No 1138756 Section B Balance sheet as at 3110312024 Unretstrlcted ReStrIct￿ Incomg Endowmgnt Total thls funds fund$ Totsl last Fixed assets Intsngiblo assets Tangible assets Heritage assets Investments F01 F02 F03 F04 F05 {Note 15) (Note 141 {Note 16) {Note 17) Total fixed assets 2,620 2,620 Current assets stocks Debtor$ Investrnents (Note 18) (Note 19) (Note 17.4) Cash atbank and in hand {Note 24) Total cumt assets 15.267 15,267 5,748 21,015 25,688 810 C￿ditors. amounts falling due within one year {Note 201 Bll Net current assets/{liabilities) 812 Total assets less cuffent liabilities B13 Creditors: amounts falling due after one year (Note 201 Provisions for liabilities B14 B15 Total net assets or liabilities B16 Funds of the Charity Endowmentfvnds (Note 2n Restricted incorne funds (Notg 271 Unrestricted funds B17 Bl8 12,480 12,480 8,535 2,620 17.824 7,864 2,965 B19 8.535 Rovaluation reserve Fair value reserve 2,620 B21 Total funds 8.535.. The company was entitled to exempdon hvm audit unders477 of the Companies Act 21x16 Trlating to small companies. The members have not required the company to obtsin an audit in accordance with section 476 of the Companies Act 2006. The directors acknowledge their rtrsponslbllllles for compfying wilh the requirnnents of the Companies Act wlth respect to accounting records and the preparation of accounts. These accounts have been p￿pared in accordance with the provisions appllcable to small companies subject to t small companies regime and in accordance with FRS102 SORP. Dale of Signed by one or Irusteesldirectors on behaW ol all the trusteesldirectors approv81 ddlmm Print Name Ms Sara Tesfu 21109r2024 Signature of director aLrthentlcattng accounts being sent ID Companiès House Signature Date dcllmml 2110912024 Ms Sara Tesfu Print name 1910912024 CC17a (Excel) 13 111111111111 111111111111 111111111111 511111111111 IKIIIIIIIIIIIII 11111 111111111111 151111111 111111111 111111111 111111111 SectTon C Notes to the accounts Note 1 Basis of preparation Thls secfjon should be completed by all charfties. 1.18asis of accounting These accounts have been prepared under the historical cost convention wth items recognised at cost or transaction value unless otheEwse stated in the relevant note(s) to these accounts. The accounts have been prepared in accordan￿ wilh.. the Statement of Recommended Practi￿". AcrA)unting and Reportlng by Charilies preparing their accounts in accordance with the Financsal Reporting Standard applicable in the UK aThJ Republ￿ of Ireland (FRS 102) issued on 16 July 2014 . and with" and with. the Financial Reporting Slandard applicable in the Unrf(ed lfjngdom and Republic of Ireland (FRS 102) and with the Charilies Act 2011. The charity constrtules a public benefit entity as defined by FRS 102." -rick as appropfiate 1.2 Going concern If there are material uncertainties related to events or condilions that cast signlficant doubt on the charitys ability to continue as a going concern, please pmvide the ftlllowing details orstate "Not applicable", rf appropriate.. An explanation as to those factors that support the conclusion that the charty is a going Disclosure of any un￿rtaIntieS that make the going concern assumption doubtful" Where accounts are not prepared on a going concem basi5, please disclose this fact together with the basis on which the trustees prepared the accounts and the reason why the charity is not regarded as a going concem. not applicable 1.3 Change of accounting policy The accounts present a true and fair view and no changes have been made to the accounting polioes adopted in note { }. Yes. -rick as 8PPTopllate No" Please disclose.. (i) the nature of the change In accountlng policy," (il) the reasons why applying the new accountlng polky pmvldes more rellable and more relevant infomiation.. and 16 1910912024 Section C Notes to the accounts Icoiitl Note 2 2.2 INCOME Accounting policies Re￿InItIOn of Ine These are induded in the Statement of Flnandal AL*"wbes {SoFAI ￿ell". thè charity becoffles entrued to the re50U t 13 more likety than not that the trustee5 w￿1 r￿1Ve the resources.. the monetsry ¥alue can be rwsured *ilh Teliabil"ty. Nla, Yes. No" Offsetting There has t)een no offsetting of assets and liabilts& or inc4xne arvj exp8nses, unles5 required ￿ pemiffted by the FRS 102 SORP or FRS 102. Yes. Nla. No. Nla" Grant3 donatlons Grants and donalions are onty Ind￿ in th& SOFA￿ the atr￿81 income rwnthn cntsria are met15.10 to 5.12 FRS1W2 SORP). In the case of pthM￿n￿ rdaled gT3nts, muSt￿ty be recognised tgthe extent thal the charity has prowded the 5peofied 9(￿J$ wsernces as enttsnentto the grant owrs when the Perf￿anc$ rdaled we M￿{5.16 FRS 102 SORP). Yes" No. Nla" Lega(ies are induded in the SOFA*ts) ￿lpi is that is, ￿ Ihtte has been grant of probate. the exerArtor5 have estsbIis￿ thatthere are sfftient assets Ri the estate and any Cond￿On$ attxhed to the Wy a￿ eits¥ wiihin the control ofthè charity or have been met Yes. Nla. Legacies Yes. Nla. Govemment grartts The tharity has re￿Ned g0¥eMft￿t 9rants in Ihe ieporbng wiod GfftAid ￿￿Nable is induded in in¢1)me**￿ kn is a vahd dedarati￿ from the dc#￿. Any GfftAid amount recovered on a donatm is conSider￿j to trK partofthat grfi and is treated as an addition to the same lund as Sn￿"81 **)[￿ uni&8s the donoror the terms of the appeal have specified other%*ise. Yes. No. Nla. Tax redaim5 on donatlons and gifts Contra¢tual income and Thi8 is only IndUd￿ in the SOFA On￿ the charity has ￿KS￿d Ihe rdabj gocts or performance related seFVf2S or metthe ￿rfonnan￿ related cond￿1￿Ls. grants Yes. Yes- Nts. Nla. Donated gootts D￿ated tyKNYs are rneasurd attsir Val￿ {Ihe 8mmttcf t•thith the asset¢OU￿ te exchanFdl unless irDpractical to do so. cost ofany of￿0￿$ ¢knated ts LlstiibutK)n to beneffi0a￿S i8 deemed to be the fair value olthose gift5 atthe bme oftheir rtteipt and they are recwnised M [￿pL En the reporbng period in which the stLK*s are disthbuted, they are r￿C￿nI*l as an expense atthe arn￿Jnt of the 5tc¢ks atdi51riiwlicffi. Yes" Nla. Donated for resale are me8Sw￿ atlair value on inhlial r￿>JDition, vA)ith is the exrEcied from sale the expect￿1 costs ofs8￿, aThY recognis8J in'lncome from otherttaLling activities, with the St￿ rery)gnised in the baL3nce sheet. On its sale the walue of strx* 18 char￿* against.1￿orne f¥om othert￿ing aL*wlies' and the proceeds from sa￿are also r￿￿sed as.Irw￿ from othertrading adThiilies'. Yes. Js donated on-goirYJ use bYtheeth￿ify arè rwniwl as tarwJiNe assets aThY induded in SOFA as ir￿mIng ￿ScA¥￿S v4t*n rwAvable. Yes. Nla. Gffts in kind for use tharityare in the SOFA as in￿rrE frorn d￿atio[ when r￿Vab￿. Yes. No. Donatsd s•Thl¢es and facllilie$ Donabj seMrA and knlities are induded in the SOFAkn atthe value of thè gtrtto the 1*8rrty provid&Y thevath ofthe grf(ean te nwur&l reliably. Yes. Mla. Dc4Wted serv￿$ and faalities that a￿ r£itsumed immedkately a￿ recogni￿ as income wilh an 4uival8fttarnount rexyJni8ed as an exFense undw Ihe appTw818 heading in the SOFA. Yeg" No. Nla. Yes. No. Nla. Supp¢rteost8 The charity h88 Illcurred wndknre on Sup￿[cO$￿. Yes" Nla" Volunteer help The ¥a￿e of ary voluntsry Wp receiwl is Th)t inckvknj in theacJ))unts bui 18 desuibgj in the tru8tees' annual rep No. Income from ItrtefosL Thls ks Indud&J in the a0xUrbtsvth￿ rtixrtiSPTctsL4èar￿ tho amount can Ye8. No. Nla. 1910912024 CC17 FRS 102 SORP 17¢ aturity date of less than 1 year are treated as curfent 898et iTrve5ts)￿ stocks and work In progress Stcth hekl tr Sa￿ as part of nOn￿all￿tI& tsade are measured atthe lo¥w or¢))st or net realisab18 value. Yes. No. Nla. Gocxys or sem￿$ pThded as p8rt ofa char6tsbk thity ￿ measur&Y at net realisable value b3sed on the Servi￿ potential womded ty tsns ofstrK4(. Yes" No" Nla" Work in prrKJress 18 valued at (¥)st Ye55 anyf￿e￿b￿ los% that is liketyto ocujr ¢)n the contFact. Yes. No. Nla. Debtors linc4udiThJ trade debtors arNI loans retsivat4e} *è mewr&l on inibal recognition at setuement arnount after anytrade or arnount adVall￿ ty thè charty. Subsequently. they are Measur￿ *thei%sh orotherconFiderati"on to be re￿1ve￿. The charity has investments whith it holds for Tesak or pendÈThJ thew sate and eash and (%sh equIva￿ntS wth a maturty date less than ore yeaf. Thw indude c2sh on deFY)sit and cash equivalentswtth a maturity olloss Ihan year for investment purposes rathèr Ihan to tn*tshort-lemi cath ¢ommitrnents as theyfa11 due. Yes" No. Nla. Del)tors Yes" No. Nla. Current asset Invesbnents Yes" Nla. are valu8d at fair valuè ex￿p}￿er@IhWqYaltyas bwcfinwKial instruments. POLICIES ADOPTED ADOITIONAL TO OR DIFFERENT FROM THOSE ABOVE 17c 19m912024 CC17 FRS 102 SORP Section C Notes to the accounts Icontl Note 3 Incomg UnrngtrlctÈd IfKome Endtr•mwnt funds fur funds Anatysls of income Totsl luDds Prjoryoar Donatlons and legacies: Oonalions and Grfl￿d ifts General grants provided by 9ovemmentlotheT charitie5 Inembership subsu[p￿ons arKI sponsorships which are in Substan￿ donations 41.456 52,986 Donated Other oods. facilities and services Charitsblg activit￿. RoomlHall 14ire 8.260 2.048 6,500 3.335 Parents. tuition contribution other Total g.84.1'. other trading activities: Other Totsl Income from investsnents: Interest income Dividend income Rent81 and leasi Other income Total Sèparate material item of income Total Other: Conversion ofendowmenl funds into income Gain on disposal ol a lar￿1b￿ fixed asset held for chari s own use Gain on disposal of a programme re12ted investment Royalties from the ewortation of intellectual ro hls Ins{Jran￿ payment for Flooring maintenance TotsS TOTAL INCOME Other Information= All income in the prlor year was unrestri¢ted exceptfor. Iplease provide dèscriptlon and amounts) Except £52986 vRre restricted being grants from funders and local overnment LBC Where any ertd¢)wment fvnd Is convèrted Into i￿Ome in the reportlng ￿riod, please give the reason for the comfernion. NIA Within the In¢omo item8 8bove the followFng items ¥r* matèrial: Iplease disclosethe natur•, amount and any prlor year amounts) NIA Where sums orlglnally donomlnated In forelgn cU￿nCY have been included In income, explain the basis on which thos¢ 3ums havg bèen translated Into stèrling lor thè currency in whl¢h the accounts are drawn upl. WA 1910912024 CC17a (EX￿1) Section C Notes to the accounts (cont) Note 4 Analysis of receipts of government grants This year Last year Doscription London Bour h of Camden JRS Grants from HMRC Government grant 1 Government grant 2 Government grant 3 other 15,000 Please pmvide detalls of any unfulfilled conditions and other contingencies attaching to grants that have been recognised in income. Please give details of other fomis of government assistance from which the charity has directly benefited. 1910912024 CC178 (EX￿1> 20 Section C Notes to the accounts Nots6 Expenditure Restricted Un￿strIcted income Endowment funds funds funds Analysis of expenditure Total funds Expenditure on raising funds: Incurred seeking donations Incurred seeking legacies Incurred seeking grants Operating membership schemes and social lotteries Staging fundraising events Fundraising agents Operating charity shops Operating a trading company undertaking non-charitable trading activit Advertising, marketing, direct mail and ublicit Start up costs incurred in generating new source of future income Database development costs Other trading activities Investment management costs: Portfolio mana ement costs Cost of obtaining investment advice Investment administration Gosts Intellectual property li￿nCing costs Rent collection, propety repairs and Maintenan￿ charges Totsl expenditure on raising funds Expenditure on charitable activities Staff costs Premisis costs 2,224 35,711 General Administration costs 283 Legal & Professional costs HAF Project costs Total expenditure on charitable activities 325 2.218 325 4,250 9,724 :_45,,899' . Separate material CC17a (Excel) 21 1910912024 Section C Notes to the accounts Note 10 Details of certain types of expenditure Note 10.1 Fees for examination of the accounts Please provide details of the amount paid for any statutory external scnrtiny of accounts and other seNices provided by your independent examiner. ff nothing was paidplease entsr .0. in the appmpriate box(es). This year Last year Independent examinerfs fees 6.50 Assurance services other than independent examination Tax advisory fees Other fees {for example: financial advice, consultancy. accountancy services) paid to the independent examiner 22 1910912024 CC17a (Excel) Sectioii C Notes to the accounts Note11 Paid employ Pl¢ase complet• thls nolsmthe chathyhas anyernploy88s {tranSKI￿ wlth Tn￿(se5 de*twlth in fiote 28J 11.1 Staff ¢08ts Tho year Lastyear Salaries and wages Soclal securlty costs Pension ¢osts Idefined ￿￿￿10n plllnl Other 8mploye8 bpneffls 28.478 31,TT1 Tot•l staff Gosts . Please prtsvide details of gxpendlluye on staff working forthe harity vthose cl￿tracts are with and 8r• paid by a ￿lated paty Plvase giv8 delaKs of the numljerof employees wlw6 total emploYeebefr￿ (ex¢luthng wTrplo pension costs) fell withln eaGh bandof£lQ,rtW Imm £80.(W upw•nY& suoh lrnnwlion4 please entsr ¥rue'in Ihe boxprovide No employees rtcoived employee benefts lexcluding employ¢r ponsion ¢05ts1 fvrthe rew￿11￿9 period of1n0￿ than £fjO.t Band £60,000 to£69.999 £70,000 to £79,999 £80,000 to £B9,999 £g¥J,OOQ to £99,999 £1(KJ.000 to £109,999 Number of em ne PIEaso prov#le the total amount paid to key management personrsel lincludes trustees and sÈnioi management) for thelrsefVtGes to the Gharity. For specrfic amounts paid to trustees. see Nole 28. no 112 Average head count in tho yÈar ThÈ parts ofthe char6ty In which the employees work Th15 year La5tyear Number FiiitJr*FT Gtsv.-nzn-e 11.3 Ex*ratia payments to employees and otheTh lexcluding trusteesl Pl&ase explain the n#tyrÈ of the none Please slatstho legal aithorlty or rga$on tor maklng the payment Please ststs the amount ofthe payment lorvaly• of arty waiverof a rtghtto a assoti 11.4 Redundancy payments Ple8se cornplel8 rfany redtsnd8n¢yor paym*rtts marfeln theyitid. Totsl amountof poymoj The Tra￿re ofthe paymertt Icash, assèt Tho extent0lreduf￿artCY funding Ot the knalance Sheet date Please stai•the account#￿ poliGy for ony redundancy ortèMIiTbation payments 1910912D24 CC17a