HONOR OAK COMMUNITY ASSOCIATION
ANNUAL REPORT WITH FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CHARITY REGISTERED NUMBER 1160442
LONDON ACCOUNTANCY PRACTICE
SOJOURNER TRUTH CENTRE
161 SUMNER ROAD
LONDON SE15 6JL

HONOR OAK COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Page
Contents
Administrative Information
Report of the Trustees
4-10
Independent Examiner's Report
Statement of Financial Activities
12
Balance Sheet
13
Notes to the Accounts
14-15
Detailed Income & Expenditure
16

HONOR OAK COMMUNITY ASSOCIATION
ADMINISTRATIVE INFORMATION
AS AT 31 MARCH 2024
Trustees
Cllr Joan Millbank,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Chair
Damali Bah
Secretary
Wonyo Setufe.................................................................. Treasurer
BevAmmon.......................................................... Trustee
Damian Griffiths...........................................
. Trustee
Neil Poppmacher .
Trustee
Yvonne Peart....................................................... Trustee
.1160442
FORMAL ADDRESS
50 Turnham Road
London SE4 2JD
BANKERS
Natwest Bank PIC
Catford Branch
159 Rushey Green
London SE6 4BJ
INDEPENDENT EXAMINER
London Accountancy Practice
Sojourner Truth Centre
161 Sumner Road
London SE15 6JL

Honor Oak Community Association
Report of the Trustees
For The Year Ended 31st March 2024
Strurture, Governance and Management
Honor Oak Community Association registered to become a charitable incorporated organisation
th
(CIO) on 11 February 2015 and is governed by its constitution. The CIO was established under
a constitution which defines the objects and power of the charitable organisation and is
governed by such.
The trustees who serrfed during the year ending 31st March 2023 were.
Cllr Joan Millbank, Damali Bah, Yvonne Peart, Wonyo Setufe, Damian Griffith5, Bev Ammon, Neil
Poppmacher.
Charltable Objectives
Our Objectives, as stated in our Constitution are to..
3.1 promote the benefit of the inhabitants of the area of benefit without distinction of sex,
sexual orientation, age, disability, nationality, race or of political, religious or other opinions, by
associating tO8ether the said inhabitants and the statutory authorities, voluntary and other
organisations in a common effort to advance education and to provide facilities in the interests
of social welfare for recreation and leisure-time occupation with the object of improving the
conditions of life for the said inhabitants;
3.2 establish, or secure the establishment of, a Communlty Centre and to maintain and manage
the same (whether alone or in co-operation with any statutory authority or other person or
body) in furtherance of the Objects;
3.3 promote such other charitable purposes as may from time to time be determined.
Trustees
Trustees are elected from the membership. Elections for membership Trustees will be held at
HOCA'S Annual General Meeting. Only members of HOCA can vote in these elections. The
number of trustees that can be appointed is limited to 12.
Trustees understand that they must ensure that all of the Association's human resources,
financial.resources and assets must be used to achieve HOCA charitable objects which are stated
above.

Trustee Induction and Training
All Trustees are issued with a copy of our governing document and receive regular financial
performance information quarterly at Trustee meetings. Trustees are encouraged to attend
appropriate external training events which will help in the undertaking of their role.
The trustee training and induction policy provides them with information in regard to their legal
obligations and the expectations of the roles of trustees and honorary roles.
Payments to Trustees
None of the Trustees received remuneration or other benefit from their work with the CIO.
Membership
The Association wish to encourage more of the local community to join HOCA as members.
From HOCA Constitution {governing document)
Membership shall be open, irrespective of sex, sexual orientation, age, disability, race,
nationality, political, religious or other opin ions to:
9.1.1 individuals aged 18 and above:
9.1.1,I who live within the area of benefit, who shall be known as full members;
9.1.1.2 who live outside the area of benefit, who shall be known as associate members.
9.1.2 individuals under the age of eighteen years, whether living within or outside the area of
benefit, who shall be known as junior members;
9.1.3 associations and organisations, whether corporate or unincorporated, (and including
branches of national or international organisations) which operate solely or in part within the
area of benefit, are voluntary or non-profit-distributing and which wish to support the Objects,
which shall be known as affiliated members;
9.1.4 statutory authorities in whose administrative area the area of benefit lies which shall be
known as statutory authority members.
Aims
HOCA aims to manage a Community Centre that provides facilities for recreational, sporting and
social well-being for the local community, including providing space to.

Enable and empower older people to have a safe, healthy and enjoyable quality of life by
reducing the risk of isolation and loneliness in older people, resulting in improved mental
and general health and wellbeing for the individual.
Increase opportunities for recreation and learning and provide facilities for children and
families to develop the confidence and skills required to reach their full potential whilst
gaining positive social and personal skills.
Enable people to be better informed about issues that affect them and able to take
actions to improve their lives through access to information, advice and guidance.
Objectives
Run an accessible community centre for all ages and abilitie5
Ensure a diverse range of User Groups
Encourage and enable local people to take an active part in the Management, delivery
and development of all sen4ice delivery, development and evaluation.
Improve access to information about the centre's facilities by working with the current
service users and local community to develop marketin8 and promotion materials and
activities
Organise and promote community, family and cultural events that encourage excellence,
parent/child relationships, creative expression and community cohesion
Publlc Benefit
The Trustees are aware of charity law requirement to demonstrate public benefit and take the
Charity Commission's Public Benefit guidance into account when making decisions for HOCA.
Artlvlties wlthln the year April 2023- March 2024
The building is owned by LB Lewisham, and the community centre side is run day-to-day by HOCA
trustees under a premises management agreement. Within this a8reement LB Lewisham has
responsibility to maintain the main fabric of the building and health and safety requirements,
while HOCA trustees pursue day-to-day repairs and minor improvements in line with
responsibilities set out in the agreement. Trustees are also responsible for ensuring policies and
procedures are in place to ensure the safe and secure running of the community centre, and
appropriate community use.
In the year the trustees:
Learned that Lewisham Council had secured funds from the Central Government's
Decarbonisation Fund to retrofit the buildin8 including the community centre. This will
include solar pane5s, a ground source heat pumps, new windows and external doors.
These measures will greatly increase the energy efficiency of the building as well as give
the building a much-needed makeover. A redecoration plan will follow and as generated
fynds allow.
Developed a building maintenance plan to carry out essential repairs and improvements
within the building. In the year a new external covered bin store was built to contain the
enormous amount of rubbish generated primarily from weekend hire of the large hall,
prior to collection by the council's refuse service. The bin store looks great, and we must

say a big 'thank you, to the builder that undertook the work. The garden room was
painted and 50 chairs repaired, saving money on replacement.
Continued discussions with Lewisham Council Energy Team on the allocation of the gas
and electricity bills (shared with the adjoining Youth Centre), which have increased
significantly in line with general energy price rises. The Council took back payment
responsibility and will recharge HOCA for our proportion of the charges.
Drafted a bid to the Met Police Youth and Community Centre Security Fund, which if
successful would provide a new entry system including two door-controlled entry
system, with an internal lobby and recorded video facility. This would 8reatly improve
building security and the personal safety of staff, centre users and volunteers (postscript:
The application was successfull Following extensive design work by the MET Police
Design Out Crime officer, the system was fitted into both the Community Centre and the
Youth Centre next door later in 2024). Big thanks go to Sgt Roger Knight from Telegraph
Hill Safer Neighbourhood Team for telling us about this fund and supporting the
application.
Learned that the adjoining Youth Centre would be developed by Lewisham Council into
Family Hub, providing a range of support to children, young people and the parents/
carers. Discussions have started on how the two sides of the building (HOCA and Family
Hub) work collaboratively to meet the needs of residents living locally.
Reviewed and developed internal procedures to ensure that the organisation remained
legal, solvent, effective and in touch with local needs. QuickBooks was installed to
provide a more streamline inhouse way of financial management. Policies were
reviewed and upgraded including children and adult safeguarding and dealing with
complaints, while the Centre's income and expenditure budget was checked through
quarterly management accounts.
Continued to join in with the Honor Oak Estate Stakeholder Network, which supports
collaborative work amongst the various local groups and agencies providing services and
activities to local residents. HOCA continued to host these rneetings 6 times per year. In
October we also hosted and took part in a Saturday Community Consultation Day. 15
groups and organisations took part including Lewisham Homes, Met Police, Horniman
Museum, Youth First and Chelwood. Local residents came along to find out about local
services and to tell groups what would be useful to do going forward. Their children
enjoyed the bouncy castle and various craft activities.
Joined in with the Christmas Tree Lighting event in December 2023. This was a great
success with John Morgan, Chair of Honor Oak Estate Tenants Association taking on the
role of Father Christmas, and handing out little goodies to local children as they made
Christmas Wishes which were then hung on the tree.
In the year we had great pleasure in hosting the Black History Month celebration undertaken
by Christina and her 60 Up older persons, group. We also gave free use of the Centre on
Christmas Day to The Love Fellowship. They provided a free hot dinner and a welcoming place
to be for over 120 local people; they also took food round to 80 others unable to attend in
person. What a fantastic gesture of goodwill by their volunteers who sourced, prepared and

served the food. Thanks too go to our fantastic staff who volunteered their time to ensure that
the hall was open, clean and ready for use on December 25
As always, things happen because of the time and effort put in by people. A big'thank you,
goes once again to our small team of part-time staff who have kept things going with their
hard work and good humour. Thanks also go to the trustees who provide the necessary
governance and take overall responsibility for the charitable organisation. Lastly, a big 'thank
vou and well done, to the growing band of user groups who run a range of community-based
activities and services from the community centre to benefit the local community. These are:
Weekly Daytlme {at December 2024):
Love Fellowship Lunch and Soclal Club {Tuesday)
Seated Exercise (Tuesday)
Baby Bounce (Wednesday)
Well Woman Group (Thursday)
Chatterbox playgroup (Friday)
LWCC Church {Sundayl
Weekly Evenlng (at December 2024):
Yoga Classes {Monday)
Empower Skating Adults {Monday and Thursday)
Love 2 Dance {Tuesday}
Empower Skating Chlldren {Wednesday}
Food Bank LWCC (Wednesday)
Honor Oak Badmlnton Eroup (Wednesday)
Ladies Badminton (Wednesday)
Tae Kwon Do (Thursdav)
HOCA continued to hire out the Centre to be used for once off or occasional events and celebrations on
Fridays and Saturdays. Community members can use the large hall and sep4ing area at a reasonable and
affordable charge, which in turn provides essential funds to keep the community centre going. HOCA
received no grants for running costs in the year.

HONOR OAK COMMUNITY ASSOCIATION
MANAGEMENT COMMITTEE REPORT
FOR THE YEAR ENDED 31 MARCH 2024
FINANCIAL REVIEW
The results of the year's operation are set out in the attached financial statements. The
net movement in funds for the year amounted to deficit of (£9,680) in 2024 respectively.
The retained reserves as at 31 st March 2024 amounted to £25,128.
RESERVE POLICY
The Charity Commission requires charities to determine and explain their policy for free
reserves. The trustees have reviewed the organisation's free reserves policy and have
turned its entire unrestricted fund into an emergency resepde to enable Honor Oak
Community Association to meet its obligations in the event of a shortfall in income or
sudden uptum in expenditure.
RISK MANAGEMENT
The trustees have examined the major risks which Honor Oak Community Association
faces and believe that maintaining their free reserves at a reasonable level, combined
with their annual review of the controls over key financial systems will provide sufficient
resources in the event of adverse conditions. The trustees have also examined other
operational and business risks which they face and confirm that they have established
systems to mitigate the significant risks.
TANGIBLE FIXED ASSETS
The organisation has no fixed assets
FUNDS AVAILABLE
The present level of funding is adequate to support the continuation of the charity
operations for the medium term, and the trustees consider the financial position of the
charity to be satisfactory.
VOLUNTEERS
HONOR OAK COMMUNITY ASSOCIATION recognises the significant contributions
made by the volunteers including the trustees.

HONOR OAK COMMUNITY ASSOCIATION
STATEMENT OF TRUSTEES RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees are required to prepare financial statements which give a true and fair view
of the state of affairs of the project and of the income and expenditure of the project for
that period. In preparing these financial statements, the management committee are
required to..
select suitable accounting policies and apply them consistently;
make judgements and estimates that are reasonable and prudent.,
prepare the financial statements on the going con￿rn basis unless it is
inappropriate to presume that the project will continue in operation.
The Trustees are responsible for keeping proper records which disclose at any time the
financial position of the project. They are also responsible for safeguarding the assets of
the organisation and hence for taking reasonable steps for the prevention and detection
of fraud and other irregularities.
io

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF HONOR OAK COMMUNITY CENTRE ASSOCIATION
ON THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024 WHICH ARE SET OUT ON
PAGES 12-16.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to..
examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 145(5)(b) of the 2011 Act., and
to state whether particular matters have come to my attention.
Basis of independent examinerf8 report
My examination was carried out in accordance with the general Directions given by the
Charity Commission. An examination includes a review of the accounting records kept
by the charity and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from you as trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit and
consequently no opinion is given as to whether the accounts present a 'true and fair view,
and the report is limited to those matters set out in the statement below.
Independent examiner's report
In connection with my examination, no matter has come to my attention: which gives me
reasonable cause to believe that in any material respect..
The accounting records were not kept in accordance with the section 130 of the
Charities Act; or
The accounts did not accord with the accounting records. or
The accounts did not comply with the applicable requirements concerning the form
and content of the accounts set out in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the account give a 'true and
fair, which is not a matter a matter considered as part of the independent
examination.
I have no concerns and have come across no other matter in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of this account to be reached.
Signed.
A Adebambo, MBA, ACMA, ACG,
For London Accountancy Practi￿.
Sojourner Truth Community Centre
161 Sumner Road
London SE15 6JL
li

HONOR OAK COMMUNITY ASSOCIATION
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted Regtricted
Fund
Fund
Total
2024
Totsi
2023
Incoming Resources
Legacies Grant & Donations
Income from charitable activities
Bank Inleresi
59.151
555
59.151
555
64.000
161
Total Incom•
59,705
59,705
64,161
Costs of g•n•ratlng funds:
Charitable actlvlties
69 385
69,385
73.567
Total Exp•ndltur•
69,385
69,385
73,667
Net IncomSng Rosources I (Deficit)
19.680)
{ 9.680)
19.405)
8alan¢•s brought forward
34.808
34 808
44,213
Balan¢•s carrled lorward
25,128
25,128
34,808
12

HONOR OAK COMMUNITY ASSOCIAnON
BALANCE SHEET
AS AT31 MARCH 2024
2024
2023
FIXED ASSETS
CURRENT ASSETS
Deb1015
Cash al Bank
Cash ai Hand
41745
50.553
41,745
50.553
CURRENTLIABILlnES
Creditors and Accruals
1ti 617
25 128
34 808
25.128
34,808
REPRESENTED BY..
FUNDS:
Un¥esiricted
Reslricled
25.128
34 808
26.128
34,808
Approved by the BoaTd ol Iruslees on ,......
arwj signed on Ils behaff by
7Y tf*
202f
Sign
Cllr J
Chair
Sign
Damien Griffith5
Treasurer
13

HONOR OAK COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS
1. ACCOUNTING POLICIES
Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and
include the results of the charity's operations which are described in the
Management Committee's Report and all of which are continuing.
The accounts have been prepared in accordance with the Statements of
Recommended Practice for charity accounts.
The charity has taken advantage of the exemption of Financial Reporting
Standard No 1 from the requirements to produce a cash flow statement on the
grounds that it qualifies as a small charity
1.2 Incomlng Resources
1.2.1 Revenue grants are credited to the Statement of Financial Activities on the
earlier date of when they are received or when they are receivable, unless they
relate to a specific future period, in which case they are included on the Balance
Sheet as deferred income to be recognised in the future accounting period.
1.2.2 Grants received for specific purposes are accounted for as restricted funds in the
Statement of Financial Activities.
1.3 Re8tricted Funds
Restricted funds are to be used for specific purposes as laid down by the donor.
Expenditure which meets these criteria is identified to the fund, together with
fair allocation of management and support costs.
1 .4 Unrestricted Funds
Unrestricted funds are donations and other incomes received or generated for
the objects of the organisation without further specified purpose and are
available for general funds.
1.5 Deslgnated Funds
Designated funds are unrestricted funds earmarked by the Management
Committee for particular purposes.
1.6 Tangible Fixed Assets
All expenditure that related to equipment has been charged to the Statement of
Financial Activities in the year of acquisition. A register of assets is maintained.
14

HONOR OAK COMMUNITY ASSOCIATION
NOTES TO THE ACCOUNTS (CONTINUED)
CREDITORS AND ACCRUALS
2024
2023
Accountancy fees
Hall Deposit
GaslElect Provision
TaxlNII Pensions
1,400
2,100
7,000
1,400
1,153
2,500
DETAILED INCOME
FOR THE YEAR ENDED 31 MARCH 2024
Unr•3tri¢ted Restricted
Fund
Fund
Total
2024
Total
2023
INCOMING RESQURCES
Legacies. Grant & Donatlons
Hall Hire:
Comniunstv Hire
User Group Hire
Inveslment Income:
Bank Interest
Total Income
52.335
6,816
52.335
6816
58.912
5088
1bl
64,161
S9,70S
59,705
a. Business Rates were nil because of 80 % charity mandatory relief and 20%
discretionary relief from Lewisham Council was applied in the year.
b. Light and Heat - still awaiting recharge bill from Lewisham Council. estimate of
£8,000 which is probably too low.
c. Trade Waste - nil as Lewisham Council offers a free service.
d. Building Improvements - includes cost of replacement external bin chamber plus
other small bins.
Deep- Clean - action deferred therefore no cost incurred.
15

HONOR OAK COMMUNI￿ ASSOCIA TION
DETAILED EXPENDITURE
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted R•$tricted
Fund
Fund
Total
2024
Total
2023
EXPENDITURE
Salaiies
Tax,'National Insurancel pensions
Legal Athce
Musiowebsile Licences
Telephone
Gas & Electricity
Refundable Deposits
Ulility-walei
C￿anIn￿sanllaI10n
Insurance
Pavroll & Bookkeeping
Accounlancv Fees (Professional Fees)
Alarm Svslem
Printing, Postage & Slalionery
Repaiis. Maintenance
Office AdrTiin expenses
Total Expenditure
36.383
4.905
36.819
5.131
540
435
1.131
4500
14,904
4,905
74
74
1.546
10.700
235
1.912
1 102
1716
1.400
279
198
8.128
808
69,386
10,700
235
1.912
1,102
1.716
1.400
279
198
8.128
808
69,385
1,712
1.059
2.058
1.400
244
347
2.059
1227
73,667
16