IDEAS HUB CHELMSFORD
Charity number 1164085
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st March 2021
Nicola Deackes
Independent Examiner

IDEAS HUB CHELMSFORD
CONTENTS
FOR THE YEAR ENDED 31 MARCH 2021
Trustees Annual Report
Page
Statement of financial attivities
Balance Sheet
Notes forming part of the financial statements
Independent examination report

IDEAS HUB CHELMSFORD
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31st MARCH 2021
REFERENCE AND ADMINISTRATIVE DEfAILS
Registered Charity Name and Number
Ideas Hub Chelmsford 1164085
Admin address
20 Roxwell Road. Chelmsford. Essex, CM12PP
E.'hosts@ideashubchelmsford.org
T.'07880990443
Trustees
M M Noble- appointed 23.10.2015- reappointed 0710212018
Dr P Probert- appointed 23.10.2015- reappointed 0210412019
Ms K Fulcher- appointed 23.10.2015- reappointed 07/Q212018
Mr K Miller- appointed 15.12.2019
Indèpendent Examiner
Nicola Deackes
Commencement of Activlties
Artivities commenced 23rf Ottober 2015
STRUCTURE, GOVERNANCE. AND MANAGEMEMr
Governlng document
The charity is controlled by tts governing document, a deed of Trust, and constitutes an incorporated
charlty-
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure
appropriate controls are in placÈ to provide reasonable assurancÈ against fraud and error.
OBJECTIVES AND ACTivrriES
The Ideas Hub Chelmsford became a charity on the 23rd ortober 2015. The Ideas Hub provides a
community creative space and advancement of education for the wellbeing of residents. Chelmsford
centre, not being a parished area {38% of Chelmsford residents, c. 70.0001 offers no community purposed
building. The Ideas Hub's operating address is now The Art Place in Meadows Shopping Centre.

IDEAS HUB CHELMSFORD
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31st MARCH 2021
Objertlves and alms
The objertives and aims of the charity are to further or benefit the residents of Chelmsford and the
neighbourhood, without distinttion of sex. sexual orientation, race or of political, religious or other opinions by
associatin8 tO8ether the said residents and the local authoritie5. voluntary and other organisations in a comrr()n
effort to advance education and to provide facilities in the Inte￿Sts of social welfare for recreational and leisu
time occupation with the objertive of improving the conditions of life for the residents. In furtherance of these
objects but not otherwise, the trustees shall have poV￿r to establish or secure the establishment of a
community centre and to maintain or manage or co-operate with any statutory authority in the maintenance
and management of suth a centre for artivities promoted by the charity in furtherance of the above objects.
Significant artlvitles in the period
The following a￿ a selertion of the activities pn)vided by the Ideas Hub in the period-
Providing facilities in the interest of social welfare for recreational and leisure time occupation, including support
for good Mental Health by:
Providing befriending sessions for chats and signposting
Providing daily creative artivitie5 & workshops= arts. crafts. Shed Inside (DIY type attNitiesl and other
artivities
o Providing a "connecting service": by proactivety. fa￿ to face and by emèil. connecting individuals to seNices,
making services aware of other serVI￿S their servio users may benefit from and by supporting the local
authoritie5 With grassroot connerting.
Advantin8 education by:
Organising regular cultural days including supporting the British kience Festival. Dyin8 Matters in Essex and
STEAM workshops in deprived local xhools
Supporting other local organisations in deliverin8 educational events induding Chelmsford Arts and Cultural
Festival
Note: The ideas Hub Chelmsford prides itself of not replicating what exists already but by establishing where the
gaps are and by workin8 at filling those gaps.
Public benefft
The following are a selection of the social impacts of the Ideas Hub during the period 1st April 2020 to 31sr March
2021:
Overall wellbeing of the residents
The Ideas Hub'5 activitie5 and befriending 5ession5 SUPPOrted friendship development and ￿creatIOnal
activities, hence providing better mental health and reducing loneliness.
The Ideas Hub supported over 197 organisations for the benefft of their seThice users
The Ideas Hub's volunteering programme has an efficient by-pr(Mluct of tsckling loneliness and re-skilling
Advancing education
o The Ideas Hub, this year, has provided 5fEAM workshops in 2 local primary schools in the deprived area of
Melbourne and provides specialist crafts teachers

IDEAS HUB CHELMSFORD
TRUSTEES ANNUAL REPORT
FOR THE YEAR ENDED 31st MARCH 2021
Organisational Informatlon
The Ideas Hub Chelmsford is managed and run by an average of 70 volunteers from a wide variety of
cultures and backgrounds.
Ideas Hub Chelmsford is a self-financing charrty, independent from Local Authorityfinancial support. Most
of its income for the tax year 2021>2021 came from grants and income generated from art sales (started in
October). The Ideas Hub has been provided with a rent-free space to provide a creative community space
for recreational activities and support such as signposting and Face to Face conversations. The Ideas Hub 15
also heavily involved in the grassroot cultural local scene eg. Festival of Lights and uses this involvement to
deliver sfEAM education to local pupils (most in deprived area) and connecting them with their
community.
Flnal Overvlew and Plans for the Future
The Ideas Hub's target for the next tax year is to:
o Carry on delivery of STEAM education and provision of befriending sessions and creative attivities/
workshops
Carry on working on makingthe Ideas Hub more resilient
Working more closely with Dying Matters in Essex to tackle issues related to death not being talked
about and leadin8 to trauma
Reserve Policy
The trustees agree that a minimum sum of £5.0￿ is retained to act as a resenie to ensure the health of the
charity.
Approved by order of the board of trustees on
and si8ned on its behalf by:
r K Miller- Trustee

IDEAS HUB CHELMSFORD
STATEMENT OF FINANCIAL AcfiviTIES
FOR THE YEAR ENDED 31st MARCH 2021
Total Funds
Prior Period
Total Funds
2021
2020
Incoming resources
Incomlng resources from generated funds
Donations and grants
Charitable Activities
Activities for generating funds
Total incoming resour￿$
Resources expended
Cost of generating funds
Charitable activities
Trading costs
Charitable activities
Total resources expended
Net incoming/{outgoing) resources before
transfers
Gross transfers between funds
Notes
67.092
54.052
16,304
83,397
12,527
66,579
9.108
36,538
45,646
37,751
3.839
77,108
80,947
{14,368)
Net incomingl{outgoing)resources
37,751
(14,368)
Net movement in funds
37,751
(14,368)
Total funds brought forward at 1st April 2020
17,496
31,864
Total funds carried forward at 31" March 2021
55.247
17,496
The notes on page 6-8 form part of these financial ststements

IDEAS HUB CHELMSFORD
BALANCE SHEEr
FOR THE YEAR ENDED 31st MARCH 2021
Notes
2021
2020
Flxed assets
Tangible assets
1,194
1,651
Current assets
Debtors
Bank balance
Cash on hand
11,759
18,876
451
31,086
56,845
230
57.075
Creditors: amount falling due within one
year
3,283
Net current Assets
Total assets less current Ilabllities
Funds of the charlty
Restricted funds
Unrestricted funds
Total Funds
27,517
28,080
2,375
27,079
These financial statements were approved by the Board of Trustees on
and were signed on their behalf by K.Miller
Signed
Date:
17

IDEAS HUB CHELMSFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st MARCH 2021
l.Accounting policies
1.1 Basis of preparation
The financial statements have been prepared in accordance with Accountin8 and Reporting by Charities:
Statements on Recommended Practise applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 (effective l January
20151- (Charities SORP IFRS102)l. the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS1021 and the Companies Act 2(X)6. Recommended Practice {SORPI issued in October 2000,
revised 2005.
1.2 Incomlng resources
Income from donations and 8rants, including capital grants. is included in incoming resources when these
are receivable.
When donors specify that donations and grants. including capital grants are for a restricted purpose, this
income is included in incoming resources of restricted funds when receivable.
1.3 Resources expended and recognltion of liabilities
All expenditure is incurred on a receipts and payments basis. The majority of costs are dirertly attributable
to the specific Charitable activities.
Liabilities are reco8nised on the receipts and payments basis in accordance wtth the Charity Commission
accounting principles for small charities.
Management and administration of the charity represent Costs incurred in the management of the
Charitys assets, organisational administration and compliance with Charitable and statutory requirements
1.4 Depreciation
Depreciation is provided to write of the cost of fixed assets over their expected useful
All assets
33% Straight Line
1.5 Fund Accountlng
Funds held bythe Charity are either:
Unrestricted general funds- These are funds which can be used in accordance with the Charitable objects
at the discretion of the Trustees
Restricted funds- These are funds that can only be used for particular restricted purposes within the
objects of the Charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

IDEAS HUB CHELMSFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st MARCH 2021
2. Charitable Actlvities
Total 2021
Total 2020
Sponsorship
Café and catering income
Fundraising sales Icommissions on sales)
Events/ projetts
Space hire
Fundraising WAD (We Are Digital)
Other Fundraising
8,893
1,240
2,343
26
25
6,222
2,127
1,808
300
5847
3. Grants and Donations
16,304
Total 2021
12,527
Total 2020
Donations
Grants
11.789
55,303
67.092
12,232
41,820
54,052
4. Fundraising trading costs
Total 2021
Total 2020
Staff costs
Operational costs
6.680
2,428
9.108
3,839
3,839
5. Charitable activities
Total 2021
Total 2020
Advertising
P05t & Stationary
Utilities
Insurance
IT costs
Rent
Sundries
Assets
Maintenance
Projects
Volunteer expenses
Volunteer training
Workshop expenses
Professional fees
Depreciation
1,070
1.093
1,504
892
532
1.076
352
1.087
3,818
23,812
397
119
135
650
832
853
30
9,084
72
1.409
61
46.767
683
90
1.029
15,808
1,182
77,108
37.369

IDEAS HUB CHELMSFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31st MARCH 2021
6. Creditors
Accruals: £3,283 in 2020. £284 in 2021
7. Debtors
£11,759 in 2020, none in 2021
8. Tangible fixed Assets (Fixtures and Fittings)
Additions in year up to 31st March 2020: £1.409
Less Depreciation of £470 = Remaining balance of £469
Addition in year up to 31 March 2021: £1,087
Less Depreciation of £362 = Remaining balance of £725
9. Going Concern
The charity is operating on a going concern basis
10. Related Parties
There were no related parties during the year
11. Restricted Funds
No comparative figures are included in these accounts as no restricted funds were received or spent in
either period

IDEAS HUB CHELMSFORD
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31st MARCH 2021
I report on the accounts of Ideas Hub Chelmsford forthe year ended 31 March 2021 which are set out on
pages 4 to 8.
Respective responsibilities of trustees and examiner
The Charitys Trustees are responsible for the preparation of the accounts. The Charitvs Trustees consider
that an audit is not required for this year (under settion 144 (21 of the Charities Att 2011 (The Act) but that
an independent examination is needed.
It is my responsibilty to:
Examine the accounts under section 145 of the Charities Art,
To follow the procedures laid down in the General Dirertions given bythe Charity Commissioners
(Under settion 145{5llbl of the Charities Act, and
To state whether particular matters have come to my attention.
Basis of the independent examinerfs Statement
My examination was carried out in accordance with the General Direction gwen by the Charity
Commissioners. An examination includes a review of the accounting records kept by the Charity and a
comparison of the account presented with those records. It also includes considerations of any unusual
items or disclosures in the accounts and seeking explanation from you as trustees concernin8 any such
matters. The procedures undertaken do not provide all the evidence that would be required in an audit
and consequently I do not express an audit opinion on the view given by the accounts.
Independent examinerfs Statement
In the course of my examination, nothing has come to my attention which gives me cause to believe that:
The accounting records were not kept in attordance with section 130 of the Charity Act: or
The accounts did not accord with the accounting records: or
The accounts did not comply with the applicable requirements concerningthe form and content set
out in the current Charrties (Attounts and Reports) Regulations.
I have come across nothing during my examination to which attention should be drawn in this report in
orderto enable a proper understanding of the accounts.
Nicola Deackes
Independent Examiner
Date: