HONOR OAK COMMUNITY ASSOCIATION
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
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 2025
Contents
Page
Contents
Administrative Information
Report of the Trustees
4-12
Independent Examiner's Report
13
Statement of Financlal Activities
14
Balance Sheet
15
Notes to the Accounts
16-17
Detailed Income & Expenditure
18

HONOR OAK COMMUNITY ASSOCIATION
ADMINISTRATIVE INFORMATION
AS AT 31 MARCH 2025
Trustees
Cllr Joan Millbank,,,,,.,,,,.,,,,,
, Chair
Damali Bah.............
. Trustee
Wonyo Setufe .................... .
. Trustee
Bev Ammon.............
. Trustee
Damian Griffiths.......... .
. Treasurer
Nell Poppmacher....................
. Trustee
Yvonne Peart........................................
. Secretary
CIO No...................
..1160442
FORMAL ADDRESS
So 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 Comrnunity Association
Report of the Trustees
For The Year Ended 31st March 2025
Structure. Governance and Management
Honor Oak Communlty Assoclation registerod to become a charltable
Incorporated organisatlon {CIO) on 11th February 201 S and is governed by Its
constltutlon. The CIO was established under a constitution whlch deflnes the
objects and powor of tho charitable organlsatlon and Is gov8rned by such.
The trustees who served during the year ondlng 31st March 2025 were;
Cllr Joan Millbank, Damali Bah, Yvonne Peart, Wonyo Setufe, Damian Griffiths,
Bev Ammon, Neil Poppmacher.
Charitsble Objectives
Our Objectives, as stated In our Constltution are to:
3.1 prornote the benefit of the inhabitsnts of the area of benefit without
dlstlnctlon of sex, Sexual orientstion, age, dlsablllty, nationality, race or of
polltlcal, rell9lous or other opinions, by assoclatlng together the said inhabltsnts
and the statutory authorltles, voluntary and other organlsatlons in a common
effort to advance educatlon and to provlde faclllties In the Interests of social
welfare for recreation and leisure.time occupation with the object of improving
the conditions of life for the sald Inhabitants:
3.2 establish, or secure the establishment of. a Communlty Centre and to
maintain and manage th8 sama (whether alone or in cO￿peratIon with any
statutory authorlty or othèr person or body) in furtherance of the Objects;
3.3 promote such other charltable purposes as may from tlme to tlme be
determlned.
Trustees
Trustees are elected from the membership. Electlons for membership Trustees
wlll 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 Associatlon's human
resources, financlal resources and assets must be used to achieve HOCA
charitable objects which are stated abov8.

Honor Oak Community Association
Report of the Trustees
For The Year Ended 31 st March 2025 (continued)
Trustee Induction and Training
All Trustees are issued with a copy of our governing document and we aim to
recelve regular financial performance information at Trustee meetings. Trustees
are encouraged to attend approprlate external training events which wlll help in
the undertaklng of their role.
The trustee training and Induction pollcy provides them with informatlon In
regard to thelr legal obllgatlons and the expectations of the roles of trustees and
honorary roles.
Payments to Trustees
None of the Trustees recelved remuneration or other beneflt from their work with
the CIO.
Membershlp
The Association wlsh to encourage more of the local communlty to Join HOCA as
members.
From HOCA Constitution (governing document)
Membership shall be open, Irrespectlve of sex, sexual orientstion, age, disabllity,
race. nationallty, politlcal, religious or other opinions to:
9.1.1 Indlvlduals aged 18 and above:
9.1.1.1 who Ilve within the area of beneflt, who shall be known as full members;
9.1.1.2 who Ilve outslde the area of beneflt, who shall be known as associate
members.
9.1.2 individuals under the age of elghteen years, whether Ilvlng within or outside
the area of benefit, who shall be known as Junior members;
9.1.3 assoclations and organisations, whether corporate or unincorporated, (and
Including branches of national or International organisations) whiGh operats
solely or In part withln the area of beneflt, are voluntary or non-profit.distributing
and which wish to support the Obj8Cts, which shall be known as affiliated
members;

Honor Oak Communlty Association
Report of the Trustees
For The Year Ended 31 st March 2025 {continued)
9.1.4 statutory authorltles in whose admlnlstrative area tho area of beneflt Iles
which shall be known as sLgtutory authority members.
Alms
HOCA alms to manage a Community Contre that provides facilitles for
recreatlonal, sporting and soclal we114)eing for the local community, Including
providing space to;
Enable and empower older people to have a safe. healthy and enjoyabl8
quallty of life by reducing the rlsk of isolation and lonellness in older people,
resulting in improved rnontal and general health and wellbeing for thé Individual.
Increase opportunities for recreation and learnlng and provide facllltles for
childrèn and famllies to develop the confidence and skllls required to reach thelr
full potential whllst galning positive soclal and personal skills.
Enable people to be better Informed about Issues that affect them and able
to take actions to Improve their live8 through access to informatlon, advlce and
guldance.
Objectlve8
Run an accesslble community centre for all ages and abllltles
Ensure a diverse range of User Groups
Encourage and enable local peopl8 to take an active part in the
Management, delivery and development of all servlce dellvery, developmenl and
evaluatlon.
Improve access to information about the centre's facilities by worklng with
the current servlce users and local communlty to develop marketlng and
promotion materlals and activities
Promote communlty, family and cultural events that encourage excellence,
parenuchild relationships, creative expression and community cohesion

Honor Oak Community Assoclation
Report of the Trustees
For The Year Ended 31st March 2025 (contlnued)
Publlc Benefit
The Trustees are aware of charity law requirement to demonstrate public benefit
and take the Charity Commission's Publlc Benefit guidance Into account when
making decislons for HOCA.
Activlties within the year Aprll 2024- March 2025
The bulldlng Is owned by LB Lewlsham, and the communlty centre sldp Is run
day-to￿aY by HOCA trustees under a premlses management agreement. Wlthln
thls agreement LB Lewisham has responsibllity to maintaln the maln fabric of the
bulldlng and related health and safety requlrements, whlle HOCA trustees pursue
day-to.day repairs and mlnor Improvements In Ilne wlth responslbillties 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 communlty
centre, and appropriate communlty use.
In the year the trustegs:
Were In constsnt discusslon wlth Lewlsham Councll regardlng the
proposed bulldlng sustainabllity improvements to be funded via funds from the
central government's Decarbonlsation Fund. Measures to include solar panels, a
ground Source heat pump, new windows and external doors. These measure8
will greatly increase the energy efflclency of the bulldlng as well as give the
building a muchwneeded makeover. Throughout the year the improvements
continued to be revlewed and delayed by increasing buildlng cost8, whlch was
very dlsappointlng
Were dellghted by the Installatlon on a new bulldlng alami system paid for
by Lewisham Council. The system includes external video cameras to glve
increased security protectlon.
Continued correspondence wlth Lewisham Council Energy Tearn on the
allocation of the gas and eloctricity bi118 (Shared with the adjoining Family Hubl
Youth Centre). Charges have increased slgnlficantly In Ilne wlth general energy
prlce rises. In the prevlous year Lewisham Councll took back payment
responslbillty (prevlously HOCA had paid and sort 500/9 relmbursement). whlch
was greatty appreciated by HOCA trustees. HOCA contlnues to await and worry
about payment of our proportion of the charges.

Honor Oak Cornmunity Association
Report of the Trustees
For The Year Ended 31st March 2025 (continued)
Welcomed the Installatlon of a new front door entry system including two
door buzzer•controlled entry system, wlth an Internal lobby and visitor recorded
video facility. This has greatly Improved building security and enhanced the
personal safety of staff, centre users and volunteers. The work took place
followlng a succe88ful application to the Met Pollce Youth and Communlty
Centre Security Fund and included funding for a sirnilar system at the adjoining
Famlly Hub.
Were dellghted by an upgrade to the contra's heatlng system which gives
greater control and reliability. Trustees were also grateful for the effort of Adam,
a local teacher and estate resldent who donated much of hls school summer
holiday to tidying up and replanting the front garden. He activety engaged
members from the Thursday Wellbeing group In order to build a sense of local
ownership. Frorn Autumn 2024 the outside garden areas are being maintained by
Glendales, Lewlsham Councll's ground malntenanco contracts. Our thanks go to
them too.
Started regular di8cusslon with Lewisham offlcers developlng the
adjoinlng Family Hub as a comprehensive support venue for children, young
people and their familieslcarers. Trustee8 rocogniso that It Is both sidos of the
building (HOCA and Family Hub) work collaboratively to effectively meet tho
needs of local residents.
Have contlnued to revlew and developed Internal procedures to ensure
that HOCA Temained legal, solvent, effective and in touch with local needs. As
small charity this continues to ba a challenge with limited funds, staffing and
trustee capacity. We Increased our per hour charge for once•off lets while
maintaining the current community rate for regular user groups. We were
frustrated by the ongoing bureaucracy by our bank to make the necessary
account changes following the election of Damian as treasurer. While we knew
QulckBooks would provlde the means for better flnanclal management, trustees
struggled to flnd the capaclty to fully utlllse It so we were very grateful to accept
the offer of a voluntary bookkeeper wlthln the year. We sald 'goodbye and thank
you, to Ray, HOCA Cleaner of many years, confirmed a permanent contract for
Michael as Ray's replacement and welcomed Shirley, a local resident onto our
Duty Caretaker rota. Several new user groups joined including a seated exerclse
class and Baby Bounce when the nearby St Andrews Centre closed down its
community venue.

Honor Oak Communlty Association
Report of the Trustees
For The Year Ended 31 st March 2025 (continued)
Continued to join in wlth the Honor Oak Estate Stakeholder Network, which
supports collaborative work amongst th8 various local groups and agencies
provlding services to local residents. HOCA continued to work wlth the
Wednesday Food Bank to ensure resldents In food poverty got help. The second
Chrlstmas Day lunch happened, organlsed by the Love Fellowshlp, wlth HOCA
provldlng a free venue and our staff working as volunteers. Over 150 people
attended, malnly off the estate and 30 housebound residents enjoyed the hot
meal dellvered to thelr homes. We joined in with the estste Christmas Tree
Lighting event in December. This year we were delighted to be joined by the cholr
from Turnham School who lead the carol slnglng. 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
Chrlstmas Day to The Love Fellowshlp.
As always, thlngs happen because of the time and effort put in by people. A big
'thank you, goes once again to our small team of part4ime staff who have kept
things going with their hard work and good humour. Thanks also go to thè
trustees who provide the necessary governance and take overall responslblllty
for the charitable organisation. Lastly, a big 'thank you and well done, to the
growing band of user groups who run a range of communlty.based actlvltles and
services from the communlty centre to beneflt the local communlty. These
Include:
Weekly Daytime (at December 2024):
Love Fellowship Lunch and Soclal Club (Tuesday)
Baby Bounce (Wednesday)
Well Woman Group (Thursday)
Chatterbox playgroup (Frlday)
LWCC Church (Sunday)

Honor Oak Community Association
Report of the Trustees
For The Year Ended 31st March 2025 (continued)
Weekly Evening (at December 2024):
Yoga Classes (Monday)
Empower Skating Adults (Monday and Thursday)
Love 2 Dance {Tuesday)
Empower Skating Children (Wednesday)
Food Bank LWCC Iwednesday)
Honor Oak Badmlnton group (Wednesday)
Ladles Badmlnton (Wedn88day)
Tae Kwon Do {Thursday)
HOCA contlnued to hlre out the communlty centre to be used for once off or
occasional events and celebrations on Fridays and Saturdays. Local hlrers can
use the large hall and serving area at an affordable charge, which in turn
provldes essentlal funds to keep the communlty centre golng.
HOCA recelved no grants for runnlng costs In the year.
io

Honor Oak Communlty Assoclatlon
Management Committee Report
For The Year Ended 31st March 2025
Financial Review
The results of the year's operation are set out in the attached financial statements. The
net rnovement in funds for the year amounted to deficit (£3,361) and deficit of (£9,680)
in 2024 respectively. The retained reser￿eS at 31 st March 2025 amounted to £21,767
and £25,128 in 2024 respectively.
Reserve Pollcy
The Charity Commission requires charities to determine and explain their policy for free
reserves. The trustees have reviewed the organisatlon's free reserves policy and have
turned its entire unrestricted fund into an emergency reserrfe to enable Honor Oak
Community Association to meet its obligations in the event of a shortfall in income or
sudden upturn in expenditure.
Risk Managem•nt
The trustees have examined the major risks which Honor Oak Community Association
faces and believe that maintaining their free reseples 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 confim that they have established
systems to mitigate the significant risks.
Tang5ble Flxed Assets
The organisation has no fixed assets. The building part ocGupied and managed by
HOCA is owned by the London Borough of Lewisham.
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 signfficant contributions made by
the volunteers including the trustees.
li

Honor Oak Community Association
Statement of Trustees Responsibilities
For The Year Ended 31st March 2025
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 staternents, 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 concem 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 tirne 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.
12

To the Trustees of Honor Oak Community Centre Association on the Accounts for
the year ended 31 March 2025 which are set out on pages 14-18.
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 Examiner's 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 iterns 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 presenl 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 considered as part of the independent examination.
I have no concems 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.
Date .
A Adebambo, MB
, ACMA, ACG,
For London Accountancy Practice.
Sojoumer Truth Community Centre
161 Sumner Road
London SE15 6JL
13

HONOR OAK COMMUNITY ASSOCIATION
STA TEMENT OF FINANCIAL ACMVITIES
FOR THE YEAR ENDED 31 MARCH 2025
Unrestrlcted Restrlcted
Fund
Fund
Total
2025
Total
2024
Incoming Resource5
Leoacies. Grant & Donalions
Income from charilable acliwties
Bank Interest
65.681
433
65.681
433
59.151
Total Income
66,114
66,114
59,705
Costs of g•n•rating fvnds:
Charltable actlvltl•8
69.474
b9 38:
Total Expenditure
69,474
69,474
69,385
Not Incomlng Resources l {Deficiti
(3361)
13361 1
19.ti801
Balances brought forward
25 128
25.128
34.808
Balances carrled forward
21,767
21,767
14

HONOR OAK COMMUNITY ASSOCIATION
BALANCE SHEET
AS AT31 MARCH 2025
2025
2024
FIXED ASSETS
CURRENT ASSETS
Debtors
Cash at Bank
Cash al Hand
32 tig3
32,693
41,745
CURRENT LIA8ILinES
Ciedilors and Accruals
16.ti17
21.767
128
21,767
25,128
REPRESENTED BY:
FUNDS:
Uiiieslficled
Resliicled
21.767
21,767
25,128
Approved by the Board ol Iruslees on
and signed on Ils beham by
Sign
Clli Joa
Chair
MIHb
Sion
Damien Griffiihs
Treasuiei
15

Honor Oak Communlty Association
Notes to the Accounts
1. Accounting Policies
1.1 Basis of Preparation of Financial Statements
The financial statements are prepared under the historic cost convention and
include the results of the charfty's operations which are described in the
Management Commlttee's Report and all of which are continuing.
The accounts have been prepared in accordance with the Statements of
Recommended Practi￿ 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 Ststement of Financlal Actlvlties 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 Restrlcted 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 a
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 Designated Funds
Designated funds are unrestricted funds earmarked by the Management
Committee for particular purposes.
1.6 Tanglbl8 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.
Is

Honor Oak Community Association
Notes to the Accounts (Continued)
Creditors and Accruals
2025
2024
Accountancy fees
Hall Deposit
GaslElect Provision
TaxlNII Pensions
1,500
1,160
7,000
1 ,400
2,100
7,000
17

HONOR OAK COMMUNITY ASSOCIA710N
DETAILED INCOME
FOR THE YEAR ENDED 31 MARCH 2025
Unr•strict•d Restricted
Fund
Fund
Totsl
2025
Totsl
2024
INCOMING RESOURCES
L¢ga¢les. Grant & Oonallons
Hall Hire..
Communin. Hire
User Group Hire
Inv•stm•nt Income:
Bank Interest
Total Income
38 t>81
27.000
38.li81
27 000
b.81ti
a33
66,114
66,114
59,705
DETAILED EXPENDITURE
FOR THE YEAR ENOEO 31 MARCH 2025
Unrestricted R•$tri¢ted
Fund
Fund
Total
2025
Total
2024
EXPENDITIJRE
Salaiie5
Ta￿ National Insurance:, pensions
,lusic l.Ilebsile Licences
Telephone
Gas & Eleclricitv
Refundable Deposits
Ulilitv-lvater
Cleaning Saniialion
Insurance
Pavroll & Bookkeeping
Accountanci, Fees I Pfofessional Fees I
Alarm Svslem
Pfl nling Postage & SlalioneTr'
Inleiest Charges
Repairs Mainlenance
Office Admin expenses
Total Expenditure
44 641
4738
44 641
4738
392
217:,
4 90:,
2 17¢,
70 700
23,
1,912
1 102
1.71ti
1400
279
198
278
278
2.232
913
297
134
trio
393
816
69,474
297
134
60
393
81b
69,474
8128
882
69,385
18