2021-04-30-accounts

Charity Number 1162584 Annual Report to 30 April 2021

Overview

Like other charitable organisations, the Leasehold Knowledge Partnership was impacted by the global pandemic.

In person meetings were avoided during this period, although the organisation held numerous meetings via video that were attended by ministers, civil servants, MPs, former first minister of Victoria, Australia, leasehold sector professionals, consultants and other stakeholders.

The primary issue concerned payment of the multi-billion building safety costs.

In response to proposals to government that loans be imposed on leaseholders to pay to remediate unsafe buildings, LKP produced a detailed leasehold sector levy scheme to ensure that those who build the unsafe buildings paid to remediate them.

We argued that this was a sector failure that should involve contributions from commercial interests in the leasehold sector.

The LKP levy proposal played a principal role in debate over resolution of this crisis. (It was not until January 2022 that government agreed, abandoned loan schemes and introduced its own levy scheme on the sector.)

The year began with LKP briefing London housing assembly members on the importance of introducing commonhold tenure. The commonhold council, to which LKP participates followed this period covered in this report.

Other issues that were raised during this first pandemic year, were the two-storey planning permitted development consent given to the owners of residential freeholds; a renewed code of practice initiative by trade bodies in the sector; reference to alleged poor maintenance of flats in Scotland as an argument to retain leasehold in England.

Concerns were also raised about “fleecehold” charges on private estates unadopted by local authorities, which are now also tradeable property assets similar to residential freeholds.

Throughout the year, LKP continued to inform and advise leaseholders. Many were addressed by large video conference meetings; others had their concerns addressed individually by correspondence.

We continue to liaise with MPs to help unravel complex leasehold issues which are beyond the experience of most constituency staff.

Parliament and officials

LKP’s role as secretariat of the All-Party Parliamentary Group on leasehold and commonhold reform proved vital during this period.

It meant that a forum could be provided for detailed examination of solutions to the building safety crisis, solutions in overseas jurisdictions examined and detailed alternative proposals made.

In addition, LKP attended regular meetings online with officials involved in resolving the building safety crisis.

Patrons

The patrons of LKP remain: Sir Peter Bottomley MP (Conservative); Justin Madders (Labour); and Sir Ed Davey (LibDem). The chairs of the APPG on leasehold and commonhold reform are the same, with Daisy Cooper (LibDem) replacing Sir Ed Davey.

Funding

The pandemic impacted funding for the charity. The accreditation scheme income did not increase as we had hoped. Donations were also impacted. Donations are in any case an uncertain source, as leaseholders requiring the greatest assistance are invariably the ones with in the direst need.

former first minister of Victoria, Australia

Covid impact

Briefing to London Assembly on commonhold Fleecehold in Milton Keynes Two storey giveaway Counter freeholders holding up faoilings of Scotland in report Hayter criticism LKP own levy scheme of sector to pay for building safety crisis Michael wade forced loans

All the these meetings concerned addressing the building safety / cladding issue

hundreds of leaseholders, civil which constrained

Charity Number 1162584 Annual Report Overview

Annual accounts for the To eriod Perty)d stsrt date P¥r￿)d •nd 0110512020 30104r2021 Section A Ststement of financial activities (including summary income and expenditure account) Llnrn•tsl¢tsd fund• Incoffl• fund• Endowm•nt funds Prbor year fund8 R6¢omm•nd•d ¢it•gorl•• by •ctfvity Totsl fund• Income {Note 31 In¢om• and •ndowm•nts from: Donatiorn and legac Chathatl• I￿1vIll F01 F02 F03 F04 FOS S01 27.415 27,415 21,632 othf tr•aiw 4¢tW￿￿• I￿￿￿•r￿ Sep8rt• M￿￿11 tt•m d incrjne OtheT Total Expendlturo (NotM 6) Exp•ndlturn on.. Rale￿ng lun( Ch•rtt•t4e thiwtl¢• 15C 42 415 244 10.294 244 10,294 Separ•t• m•teriil exF•rMe rt•m Other S10 S11 91 493 Total 812 Net Incomellexpendlture) before tax for the rgportlng p8rlod 813 $14 24,485 Tax pwyat4¢ Not Incomel(expendlturo} after tax beforn Inve•tment gain￿(1￿08) Nel gainllossesi on Investments S15 24,465 24,465 69,881 S18 Nèt Incomol{oxpendlturo) Extraordlnary Itema Tran8forn between fund• Othor recognlsod gains1(1￿10$). S17 818 S19 24.465 24,485 69,861 Gains and losses on re¥*uaUon ol fLwJ a58ds f¢x lh• charity8 Lrye Olher gain￿(1￿$e8) 521 S22 Net movement In funds 24.465 24 465 69,861 Reconclllatlon of funds.. Total funob brw I￿¥¥d Total funds caffied fornanl $23 48 280 23815 118 141 S24

Section B Balance sheet Flx•d a•••ts ff•nglbl•••••l• 1 T•nkdbl• •T••ts FOI FOJ F04 ¥06 Illoi• 1 Ii&x• 171 Illat• 18> 7.435 Ii•x• 17AI C••h •t •b In hnd Illath 241 TolAl¢wThrt•u•l 34.149 14 34,149 46.492 T*lthln on•y••r 20 1q334 i0.J34 6.647 (Pké• 201 Fund• ol th• C￿rIty rJ.816 24816 Fdr ¥41u• rn••r CC17• (E

17•iE

Spr.tinii C Noie 2 Accounting poliu•s 2.1 RECONCILIATION WITH PREVIOUS GENERALLY ACCEPTED ACCOUNTING PRACTICE In Wlvy End•1 CC17•{Exe41

Section C Notes to the ac¢ounis Nots2 2.2 INCOME Accounting poli¢1 it ib more ltth• IDAton•f￿1￿￿ thy No" Nla" r•wt•d ty wrrNtsd FRS I￿ x)RP cf FRS 102 YeB' C¥rt￿¥￿Tr molls IOto5 12 FAS1￿2 SCrfIP) ol p•rftfnwK•rd•) ¢Yty to th¢ ¢xbrrt Yt•" No. Nl•' L•g••• w• 1rdudud￿ ￿ SOFAffjn rK•piv4y¢l•. th•1 •, thw• h•b b••n Yrf No" orhm bem mèt Y••. N4. Tix Arty r•cowr•J cffj • • ¢u•r•otob• pffi Qft •rd No. Nl•' C￿￿•>￿1 hwm•and S&eAor¢•ts dltyh W0￿￿￿1h rnlthd 9tyyJ•or pr4Tr Y••. Nl•" Yel" No. W•. Ye•. No" Y•8. No. Y•s' Nl•' Y•B" No. Nl•' YeB" scf 3¥pDrt c¢)•ts Yes. No. Wa. tL17 FRS 1fQ SORP

Yes" rw•ld•nd dMd•nd• n￿￿J￿drllth. Yei. No. L•oK4 Yes. ¢nt￿• 4rn m•t15 10ta 5 12 FRS102 SCIIPI •nd u• wx¥JdTrd Is￿rt•ll •f•trwvL¥rn• th•WA No. ¢l•lm• Yei" No" W" 2.3 EXPENDITURE AND LIABILITIES • rtKowMdwhDr• rn¢Y•Wb notth•tthw• • ty¢or•trwtr• Ubty w•aogrA•on G¢mmfor4 th• dxntyio w ￿￿rI￿S￿l ¥￿tr otJth e Ye•. N¢. W•. Yo8. No. ¢0# on • olfWiWC•. •0 or pvrwi•. •ff ¢r•ts by• mew￿l ￿d•￿I ¢(ty bytsr u• No. ouThllllon• 1•r¥￿ LY to b• VOWd•d. ￿ sY•ts v• ortyr•collth•d •• SOFA mth• r•wrl olth• girt Pfw4J fv 4P•CrtdwK• L¥ Y••" ptrrtorm•nc• oJthJlbon r•4••¢￿￿￿ • Iwlty mkt• r•coord Yo•. Nty. Nl•' Y••. No. Nl•' Ye•" No" A llty • ff••wr•d on 41 m•4Mr•d th• b• •th¥• ofth• r•ryw•dts ••W•th• r•ptytyig O• Y•i' No. Nl•' Ye•. No. INm•rt• to 7 FRS102 80RP. $th•yrt mTrw•m•N • Mpv 11.17 1• 11 19. FR8lfo 80RP. NIA. 2.4 ASSETS T•ng11)l• fix#1 for Tlw low¢￿b• Thr•thth m• y•w. •bJ k•it by ¢¥iw YeB' No. Nla. Ye. N¢. Y$. No. tKThnd¢9tal. or WMrprth•)r 4￿￿9 bknt Are •Thl Yti" No. W8. Ye8" No" W8. CC17 FR8 102 SOIIP IW2022

kn¥•#m•rt• •b4d * n at￿$t •nd fw ¥ (thw m•rkvknI Itlhe yo rneswr•drdi& clloe •t¢oit1•6s InpAW￿ Y•8. N¢. 8tacts work Yes. No. Nl•' No. Y¢•" No. •twlll•m•rt•m¢Xfftl ts vrrfty•J• c¢ moLrt •Jwrt•d byts c•nty Yé6. No. r•cth*d Ye•. N•. Ye•. Nl•' POUCIES ADOPTED ADOITIONAL TO OR DIFFERENT FROM THOSE AaovE CC17 FRS 102 SORP 1W5r2022

Section C Notes to the accoun15 Icontl Not• 3 An11￿1 ol trKom• ywv aTrJ 27.415 27.415 21.618 Ge￿ra1 wosJ8d by kMvrffi•nVo# Dmoled ds f8cibtB Br¥1 gervi 42.415 Ch•rknb Thb••: T1￿1 Oth•r trxllry •ctlvttl••'. Tol•l In¥wlrn•nl•: DI41dend mo ontsl a Totsl 8•p•r•ts m•tsrt•l rt•m Total Gan on djpoul of a fth•d ••et Pld Gom on (•poul of • Fwamm•r•lthd Total TOTAL INCOME Qlh•i Inlonnatkn.. All Ihethn• In th• prkn y# uhrn•lfk￿•xljr. IplMi• pwvkl• d•KrlB¥on am(￿￿1¥) Wh•rn •rby •TrJowm•ntfund IJ convwt•d Ink) Incom• In lh• poruhll p•rkd, pl•M• qfv•tM r•a••h fov th•cwY•rnk)n. Wh•rn anY•nd￿rn•0¢VUrlo 4 eoMitsJ Inkn Irwff4 In lh• prkn p•wknd. pl•aM th• r••wi lor th Wlthln th• Incom• bcN• th•jIh>￿ ￿•rn m4t•rthl.. IpkMs•dh¢lr￿ lh• MtuN mountMd p y•aramountsl currency h•v• b••n knclud•d In Incam•, expl•ln th• bas￿% twhkh thov hm b••n tlamlaknd knto •l•rflw loi th• curr•mty In whkh lh• •ceouhtsar• up La•tyaar.' Where um wlnlty In fvx•WJn cuuon¢y h•¥• ts•￿ Included In In¢tyD•, •xpthkn th? whbch those sumj ￿¥• bo*n translthd knto slllrlkn9 lorth• 1810sr2022

Section C Notes to the accounts (conti Note 4 Analys18 of re¢elO8 (I government grnrts ThSs GOv•mm￿l Ar•nt 1 Government grnrrt 2 G0￿MMon1 granl 3 Othèr CryOna￿￿$ Job Rel8ntion Scheme Total La•t ￿lf Gowmm•nt qrnnt 1 Gtsv•rnm•nt ornnt 2 Gov•mmgnt ornnt 3 Oth•r Totsl 4r Phu• pn)￿d d•t•ll ol•ny unlufflll•d condltlom •nd oth•r ¢ontlng•ncl•s •tt•ehlng to grnrt• th•t h*￿ bmn rneognls•d In Th1• Last Ph#• d•t•ll4 ol oth•rfornw of qov•mnwnt •M1•t•￿• lrnm whkh th• ch•rtty dlrncty b•n•ftt•d. C¢178 (EX￿ 1W05r2022

Section C Notes to tl)e accounts Icontl Not• 5 D¢)natod goods f•cllltl8s and soThkes Thls y La•t SKond•d staff Uso ol prop•rty Oth•r L*•t Pha•• Pfovld• d•t•lh of th• •ccountlng pollcy for tho rncOg￿tl1Jn and valuatbon of don4t•d g¢)od facllltl•• and ￿r¥I￿$. Ploa•• provld• d•taS1• of any unlulflll•d eondltlon• and oth•r ¢ontlng•ncl•• attachlng to rn•our¢•• from don•t•d good• Ind ••Thlc•• nol ro¢oonl••d In In¢om•. Pl•41• glv• d•tsll• ol oth•rfornw of ot￿r donat•d good• and not rncognlmd In th• •ccount#. 09 contrfbutlon of unpald volunt••rs. CC178 Fxc•ll 1610S2022

Oth•r Inlomatlon: Anal￿18 ol •xp•ndlturn on ¢harftsbl• acthilll•• Th1• Acll¥lll• Grant dlr¥J ol Acll¥ltyor Totsl IN• und•rtk•n Support Co•ts dl ACU¥ A¢￿ Olhtrr Tot•1 y••r.' Vlhbr• •wn• orlrnlty d•Th)mlthd kn for•lgn b••n ￿G￿￿thd In •Xp￿d#￿1•, •xpl•ln th• b••l• on wlth •umi h4v• b•w ir•n¥l•i•d lorthi In IJ •r• drawn upl. Ltst y•ar.. Illh•rn suffl• 0rlgknallyd•nomknw￿ kn tornlJn h bwn kn¢￿ded In •Np•ndur•. Xpl￿ th• b•slson thlth KM• haw b￿ tr•nBl•tsd kntrj ¥lHIkng lorth* cwr•ncy In arn dr￿ upl. CC170 IExc•l) 1611W2022

Section C Notes to the accounts cont Note 6 EX￿ndI￿n Thls La•t >wr An•ly• ndiluTr on r•i5in fund•: Incuffed seeking donation3 Incurr•4 $8¢kin9 legaa¢s In¢wred Jeekiry 9r¥nt¥ Op•rating m•mb•rihip xh•rrn¥ sooal lotteries StAoinq fvndr#isin9 w•nts Futhaising 8gents Operating charity shop8 Oporating a trading company undwtaking fwKls ToMifwd¥ Tor•1 fpA• 244 244 Athortisinp, ma￿11n9, dirvLt moll and publiaty Start up costs incurred in 9￿¢rIn9 source ol lulure income DalAbase develcpm•nt colts Othar trath'ng Xtiviti•i Inv•$tm•nl manag•m•nt costs". Portfolio rn•nogom•ni eo$ C￿t of obl•ining Inv••tM￿t Investment administra1￿n rthto Int•ll•clu41 prnp•ty I1¢￿an9 ¢Q$t• Rent coll•thon, property repairn m4intonance char￿1 To￿1 •xp•ndlturn t)n rnklng fvnd• 244 244 Exp•ndlturn on c￿￿￿1&b￿ ietfvlll••'. Total •xp•ndbtur• on ch•rltsbl• ict1￿￿$ arnt• m4t•dal ltsm of • •n Staff costs Including pension contributions admin costs Accountancy fees oth Tot41 3.285 1.273 18.220 1.273 801 91.493 91.493 Total other expenditu TOTAL EXPENDITURE 67.124 91.493 CC17a l&Ycot) 1610512022

SeLtiuri C Notes to tlie accniAiit Noto 10 D•talls of ¢erta#i typM of •xpenditur• Not• 10.1 F••• for •X•n￿￿tkIn rf th• •￿I￿nts Pl￿ provid• d•t•il of th• •mourtp•ld forany statutory •xt•m•l cwtlny ol accounts •nd other 8•Thlc•• wovld•d bY￿￿T l•nd•ni •x•mln•r. Mnothlng was p•ldpleMe •nt•r V. In th• appn)wtst• box(•s). Th1• y•r Ind•p•nd•nt •MmIn•￿ f••• A••urnnu ••r¥l￿ oth•rth•n Ind•p•nd•nl •xamln•tlon Tax advlwry f• Oth•r f••• (for •xanW•: flmnclal adv1￿, ¢on•u*ancyi a¢￿￿1￿neY •wvIc￿l p•ld to th• Ind•p•n•hnl •xamln•r 1,273 1,273 CC17a (Exc•ll 1810512022

Section C Notes to the accounts Icontl Note11 Pald omployees Please complete thts note If the charity has any employees (transactlons wlth Trustees dealt wlth In Note 28) 11.1 Stsff C08ts Thls year La•t year Salarfm and wage• Soclal securlty CO81• Pension colts (defin￿ Contrlbutlon •cheme) Othèr ?mployeo beneflts 45,000 5,342 6.OC(J 60,OCKI Total •laff Costs ,342 68,CiKI Th18 y•ar: Plea•0 provldo detsll8 ol oxp•ndlturo on •tsff worklng lor th• charlty whose contract• arè wlth and arn pald by a relat￿ party La•t yoar: Pleas• provlde detsll8 ol oxpendlture on stsff worklng lor th• ¢harlty whole contracts arg wlth and arn paid by a related party Please glvo details of the number ol omployeas whose total omployao bonefits (excluding employer penslon costs) fell wlthln each band of £10,000 from £80.0￿ upwards. M thern arn no such transactlons. please enter lrne. In the Ix)x provId￿. No employ00• rncelved employee benellts (•xcludlng employ•r nslon costs) for the roportlng perlod of more than £60,000 Band Number of èm ear lo ee8 Last Th1$ ear £60 000 to £69 999 £70 000 to £79 999 £80,000 to £89,999 £90,000 to £99,999 £100 000 to£109 999 This ear Last ear Ploa80 provlde the total amount pald to key manag•ment pgrnonnol CC17a (Excell 16105r2022

11.2 Average head count In the year The part• of the charity In whlch the employee• work This year Number Last year NuM￿r Total 11.3 EX￿￿lIa payments to employee• and othèrn l•xcludlng tru•teo•) Please completo If an ￿￿ratIa payment ts mad•. Pl•a•• explaln the nature of th• paym•nt Th18 yur L••t y•ar na Pl•a8• state tholooal authorfty or roa•on for maklng th• paymont Th1• y￿r na La•t yoar Th18 ear Last ear Please stats tho amount of the payment (or valu• of any walver of a rlght to an a88etl CC17a (Excell 16105r2022

11.4 Redundancy payments Ploasa completo If any redundancy (Y t•milnatl¢yJ payment Is made In th• wlod. Thls •ar Lait Total amount of payment na Tho nature ol the paym•nt {ca•h, u•ot etc.) Th1• Oar La•t ear The extsnt of rodundancy fundlng at tho balance •hoet dal• na na Plea•e slate the accountlng pollcy for any redundancy or ternilnatloD payments CC17a {Excell 16105r2022

Sectioii C Nutes to the atcoui)ts Note 12 Oellned contrlbullon pernl¢)n Khem• or d•lln•d sch•m• accounted for a• a deflned contrfbutlon scheme. Th1• LASt Amount rf contslbutl¢n• r•cognl••d In th• SOFA • M •xp•n 8,Q)O Pl•aM •xplaln th• for •llK•tinq th• liablllty and •xp•rn• of d•fln•d ¢ontrfbutk>n p•nskn •ch•m• b•trhwn •Gtbvbll•• •nd b•1￿•￿ TMtrid•d and unwtrbct•d fund•. all ¥• unr•$th¢L•d •1 funth arn unr•sth"cl•d 122 PIM•• compl•t• th1¥ Wh￿ ¢h•rttyptlcW In • d•fin•d b•n•lItP￿1oft￿ btst l• un•bl• to •¥c•rt•ln ft• •h•rn olth• und•rfylng ••1 IlablUtI Pl•••• conflrm thit •hhough th• •ch•m• li I¢￿Unt•d lor ai a Othn•d contrlbutlon plan. It h • d•fin•d b•n•ftt pln. Pkn••• prov •u¢h Inlomwiion A• l• aval￿￿• about th• pthn's •urplu• or d•flell ind th• Implleitlons. If Iny. for th• r•portlng ehartty th1• y4•r4nd kn•t r, 11 dlff•rnnt 12.3 Pl￿￿ compkn th1• A•cllon whw• th• ¢h•rftypwll¢lp•iM In • n￿￿￿￿￿0￿•rd•IIMdh•￿•fftp•rnlon D••erlb• th• •Mt•nt to tlch th• G￿rfty can b• Ilabl• to th• pban for oth•r •ntltlM' obligAtion• und•r th• t•rms ind ¢ondltion• ol th• multi4mploy•r plan. 11 thls l• dlff•r•nt for last y•r, wovld• d•tail• Provld• •n •xplanatlon al h1￿ ny Il•bilty •ri•ing from an *gr••m•nt wlth a multi4mploy•r pian to fund a d•ficlt h b••n d•t•miln•d. If thls i• dlff•rent for •t swr, prnvlde detall• CC17a (Éxell 1010SR022

Section C Notes to the accounts (cont) Note 19 Debtorn and prepayments Please complete thls noto Mthe charty ha8 any debtors or pr•payments. 19.1 Analys18 of debtors Th1• year Last yoar Trade debtorn 4,000.0 Pr•payments and accrued Incom• Oth•r d•btors Total Complet• 19.2 wh•r• a Materf￿ d•blor h rncovorable morn than a ye•r aftor th• rnportlng da 19.2 Dlsclo•ure of debtorn r•cov•r•bl• In mor• than 1 y••r Iln¢luded In d•btorn above) Thls y￿r Last year Trad• debtorn Prepayments and arxrued Incom• Other debtors Totsl CC178 (Excell 1610512022

Section C Notes to the accounts (cont) Note 20 Creditors and accruals Please complete this nole rfth• charlty has any credltors or accNal8. 20.1 Analys18 of crodltor• Amounts falllng du• within one year Amounts falllng due aft•r more than one year Thls ymr Last ymr Th1$ y•ar Last y￿r Accruals for grants payabl• Bank loans and ov•rdraft8 Trade Cfodltors Payments rocolved on account for contracts or porfomanco-rolated grants Accruals and deferred Incomo 1.440 1,440 Taxatlon and soclal Socurlty othor crodltor• 3.705 3.435 5.189 4,206 Totsl 20.2 Deferred income Please complete thls nole Mthe chaty ha$ deferred Thls ymr Last yoar Please explaln the ma￿n# why Income Is Movement In d•f•rrnd Income account Th1$ year Last year Balance at the start of the rnportlng wlod Amounts added In curront perlod Amounts released to Income from prnvlous perlods Balanco at tho ond of the roporting poriod CC17a IExe£ll 1610512022

Section C Notes to the accounts Icontl Noto 24 Ca•h at bank and In hand Th1$ yoar Last y•ar Short tem cash Investrgnts Il•s• than 3 months m•tyrlty datsl Short temi depostts Cash at bank and on hand Other Total 34,149 46.492 46 492 CC17a {Excell 1610512022

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees/ Charity Name members of Leasehold Knowledge Partnership On accounts for the year 30[th] April 2021 Charity no 1162584 ended (if any) Set out on pages

(remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 30/04/2022

• Responsibilities and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) in connection with the examination which gives me cause to believe that in, any material respect:

• accounting records were not kept in accordance with section 130 of the Act or

• the accounts do not accord with the accounting records

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

• Please delete the words in the brackets if they do not apply.

Date: 16/05/2022 Signed: Name: Charles Richard Riley Relevant professional ACCA qualification(s) or body (if any):

Address: Unit 37D Monument Business Park Warpsgrove Lane, Chalgrove OXON. OX44 7RW

October 2018

1

IER

Section B Disclosure

Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of any items that the examiner wishes to disclose .

October 2018

2

IER