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2022-03-31-accounts

Objectiv es and Activiti es
SORP reference
Summary ofthe purposes of
the charity as set out in its HACA objectives shall beto provide
governing document opportunities for education
and recreation, to
encourage community
participation
and, in
particular, to manage and improve the Hilldrop
Community Centre.
a) To support
and
represent
existing
and new community
groups
in the
locality,
within
the
limits
of
resources,
money
and
staff at its
disposal.
b) To provide a meeting
place for local
people,
irrespective
of race,
sex,
sexuality,
disability,
religion, age or
class, to enjoy play and recreational
activities
in
a safe
and
pleasant
environment.
C) Toorganise the management
ofthe
Hilldrop
Community
Centre
and to
ensure
its
beneficial
use to local
community.
d) In response to changing
demands,
and
in conjunction
with
any other
interested
agencies
(statutory
or
voluntary),
to
undertake
further
work in areas which are agreed
by
the management
committee
to be
local priorities.
Toco-operate closely with all groups
and in all aspects ofits work, to fight
disadvantages,
for example
those
stemming
from class, race or sex,
sexual
orientation,
disability,
religion or age etc.
Summary
activities		 ofthe main
in relation to those		 Para 1.17 and
1.19		 We deliver a range ofservices, for all ages and
backgrounds
which include
purposes for the public for the public for the public for the public ~ After School and Holiday After School and Holiday After School and Holiday Play Schemes Play Schemes Play Schemes
benefit, in particular, the (4-11years)
activities, projects or ~ Stay & Play (under Ss)
services identified in the ~ Toy Library (under Ss)
accounts. ~ Tuesday Socials and Food Hub
~ Summer
Fair &Open		 Day
~ Gardening
Group
~ Family Saturdays
~ Community
library and		 book swap
We
also
support
the
following		 groups and
hosted them at the centre:
~ Kingsley
Org / Chain		 reaction Disability
Group
~ Bengali Women's
Group
~ Olokoro
Nigerian		 Community Group
meetings
~ Al-Anon
meetings
~ Tenants and Resident meetings
~ 65+ Film Club —North London Cares
~ Community
Plan for		 Holloway meetings
~ Seeds ofTransformation Gardeners
Statement confirming Pare 1.18 All Trustees have received the guidance
whether the trustees have documents
on Public Benefit.
had regard to the guidance
issued
by		 the Charity
Commission
on public
benefit
dditional information (optional)
ou ma choose to include further statements where relevant
about:
SORP reference
Para 1.38
Policy on grant making
Para 1.38
Policy on social investment
including program related
investment
We have appreciated
the fantastic contribution
Pare 1.38 from volunteers
during this		 year, continuing to
Contribution made by work with our Local Mutual Aid Group to
volunteers support those most in need and now providing
an informative
network for		 us to work in
Other

chieve men ts and Per formance
SORP reference
Emergency
food
provision
and
outreach
continued
during
this year to ensure
we are
reaching
the needs of our community
at this
Summary
ofthe main
achievements
ofthe charity,		 Para 1.20 unprecedented
time.
identifying
the difference the
charity's
work has made to
the circumstances
ofits		 During
this year we have
re-introduced
pre-
pandemic
services
ensuring
they are safe and
relevant
beneficiaries
and		 any wider
benefits to society as a
whole.		 Impact on our generated
income has continued
but towards
the end of the year we began to
provide
hires
again
and our
play project was
able to increase numbers.
We were successful
in promoting
a project to
rewild
the
old
car
park,
with
the
council
approving
25kto be spent on relandsca ping and
depaving
the area.
We then
achieved
11k in
funding to provide workshops
and materials to
engage the community
in this new green space
Additional
information		 (optional) (optional)
You ma
choose to include		 further statements where relevant about:
Achievements
against		 Para 1.41
objectives set
Performance
offundraising
activities against objectives		 Para 1.41
set
Investment
performance		 Para 1.41
against objectives
Other

Financ ial Review ial Review ial Review ial Review ial Review ial Review
Review ofthe charity's Pare 1.21 The charity made an operating
loss of
financial position at the end F3734and has equity/reserves
ofL'52955
ofthe period on its balance sheet for the current year.
The fall in operating
profits has been due		 to
the continuing
impact ofthe covid 19
pandemic
on the general economy ofthe
country,
along with the Russia-Ukraine		 war
that has created an economic environment
of high inflation
and a high cost of living
crisis. There has been a high uptake
in		 our
Food project. However,
HACA's going
concern status is not seriousl
affected.
Statement explaining the Pars 1.22 There is at present no policy on holding
policy for holding reserves reserves.
Financial reserves are mainly
stating why they are held from operational
activities generated
in		 the
profit and loss account that are carried over
year on year. The charity is a non-profit
organisation
that exists to serve the socio-
cultural
needs ofthe Hilldrop area
community
and one of our core funding		 is
Restricted grants provided
by the Islington
Council.
Amount ofreserves held Pere 1.22 Reserves as at year end 31/03/2022 stands
at L52955 see Balance Sheet
Reasons for holding zero Pere 1.22
reserves
Details offund materially in Para 1.24 There are at present no funds materially in
deficit deficit
Explanation ofany Para 1.23 There are no concerns about the charity
uncertainties about the continuing
as a going concern
charity continuing as a going
concern
Additional Information (optional)
You ma choose to include further statements where relevant about:
Our principal sources offunding are statutory
The charity's principal funds which support our core costs. We then
sources offunds
any fundraising)		 (including Pare 1.47 use small grants for activity-led
projects.
Other sources offunding
come from our
community
hires ofthe building
and fees for
childcare
provided
in our out ofschools
projects.
Investment policy and We have no Investment
policy as we do		 not
objectives including
any
social investment
policy		 Para 1.46 hold or have any Investment
income as
defined
in the Charities Statement
of
adopted Recommended
Practice (FRS102SORP)
at
ara
ra hs4.37to4.38.
A description ofthe principal The challenges
posed by COVID-19
risks facing the charity Para 1.46 continue to impact our organisation
during
2021-22 but we are confident that we can
recover previous
income levels in coming
year
Cost of living impacts led to a board
decision to provide a 3%increase to
salaries
hi her than LLW- no increases
had been given fora number given fora number ofyears-
which was implemented in April 2022. The
Board agrees that a further incremental
increase will be budgeted for in years
ahead.
Other

tructure, Governance and Man agement
Description
ofcharity's		 n/a
trusts:
Type of governing
document		 Constitution
nil
I (I:.' rl, rol/
il ellanlai
How is the charity Para 1.25 Incorporated Association
constituted?
(o.g unlrlr
rsl porelollI
n,'snclollol
l, CIO
Trustee selection methods Para 1.25 Elected at AGM
including
details ofany
constitutional
provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
trustees
Additional information (optional)
You ma choose to include further statements where relevant about:
ATrustee Handbook
includes an induction for
Policies and procedures new trustees,
and this is delivered
by the Chair.
adopted for the induction
and training
oftrustees		 Para 1.51
the organisation
is structured
via a board of
The charity's organisational trustees
and core staffing team of2, along with
structure
network		 and any wider
with which the		 Para 1.51 ateam of p/t workers delivering
activities and
services.
charity works We are part ofa support
network,
Octopus,
comprising of12community
centres across
Islington
who support each other with strategic
and funding
opportunities
We work closely with our local council who
Relationship with any own the building we are located in and manage
related parties Para 1.51 the surrounding
areas, as well as sharing and
being driven
by, similar local priorities
Other

Charit name Hilldro Area Communit Area Communit Area Communit Association
Other name the charit uses n/a
Re istered charit number tt64597
Charity's principal address Hilldrop Community Centre
Community Lane
Islington
N7 OJE

Name ofperson (or
Trustee name ONce (ifany) Dates acted ifnot
whole year		 for body) entitled to
appoint trustee
(If
an
BRIAN BENCH
SARAH MARTIN Secretary
ANJIT CHAUDHURI Treasurer
GERALDINE BRENNAN Chair Elected chair in Membership
Nov21
PETRONELLA CARTER Elected to board in Membership
Nov21
6 CHARLENE BRAITHWAITE
7 STEPHEN MOORBY
8 MARISSA CAMPBELL
9 VICTOR OLAYEBO
10 Cllr SATNAM GILL Co-opted Trustee
11 CIII' TRICIA CLARK Co-opted Trustee
12 Cllr GULCIN OZDEMIR Co-opted Trustee
13 GLYNN CLARKE Co-opted in Jan 2022 Membership
14
15
Funds held as custodian Funds held as custodian trustees on behalf ofothers
Description
ofthe assets		 n/a
held
in this capacity
Name and objects ofthe n/a
charity on whose behalf the
assets are held and how this
falls within the custodian
charity's objects
Details of arrangements for n/a
safe custody and
segregation
of such assets
from the charity's
own
assets

INCOME
Incoming resources
from generated		 funds
( Grants and other donations 52869 96127 148996 110776
(Other income 26608 10074 36682 74327
Incoming resources
from char(table		 activities
( Income from services provided 0 0
79477 106201 185678 185103
EXPENDITURE
Costofgenereting
funds
) Fundraising
and project development
Chan'labia
activities		 89408 100004 189412 169162
89408 100004 189412 169162
Net incomaf
(&rpendltuns)		 4931 6197 -3734 15941
Transfer between funds
Other Recognised
Gains/ (Losses)
Realised gain on Investment
Net Movement
in Funds		 6197 -3734 15941
RECONCILIATION
OF FUNDS
Balance Brought Forward 31Mar2021
Balance Carried Forward 1stA
ril 2022		 66689
46758		 0
6197		 56689
52955		 40748
55689
Leo(lk

Unrestricted Fund Restricted Fund Total
tes
Income
1 Grant Income f525 f66,390 E66,915
2 Play Project fess f50,000 f29,737 E79,737
Rental Income E23,970 F23,970
Donations/other
Income		 E2,344 f123 f2,467
Business Rates Relief E'7,859 F7,859
HMRC - EmployERs
NIC Allowance		 E2,638 E1,362 f4,000
Membership f192 E192
3 JSA Allowance f538 f538
Total Income E79,477 f106,201 f186,678
Gross Profit f185,678
Less Operating
Expenses
Business Rates E7,859 E7,859
HMRC - EmployERs
NIC		 f5,836 E2,732 f8,568
Salaries f58,416 F74,582 f132,998
Pension
Employer's
contr		 E874 f449 f.1,323
Materials
& Equipment		 f429 F4,022 E4,461
Telephone
& Broadband		 E1,105 f145 E1,250
Computer
&Website		 f900 f900
Photocopier E1,069 E1,069 E2,138
OfflCS EXpenae
- Stat/post/attvatt/pubt/tta		 F789 f121 f910
Other staff/Agency
fees		 F6,592 f836 f7,428
Legal Professional
fees		 f3,590 E2,192 f5,782
insurance f638 f638
DBS/ Ofsted F599 f699
Catering
&refreshments		 F122 f355 f477
Cleaning costs F560 E828 F1,388
Repairs and Maintenance E2,281 F.g f2,290
Volunteer exps (Trips/Vouchers) E1,121 E1,121
Bank charges F96 F96
Finance and Administration f3,772 E1,886 E5,658
Training f827 f167 f994
Membership/
Subscrlptions		 f509 E189 F698
Entertainment/
Events		 f134 f385
Play Project Expense F67 f708 F775
4 Other- (Incl, deprec, bad debt wo) f685 f685
Total Operating Expenses E89,408 f100,004 f'I89,412
NetProfit/Loss 43,734

Unrestricted Fund Restricted Fund Total 2021
Notes
Income
Grant Income f525 f66,390 f66,915 87901
2 Play Project fess f50,000 f29,737 E79,737 47448
Rental Income f23,970 E23,970 10326
Donations/other
Income		 f2,344 f123 E2,487 4268
Business Rates Relief 27,859 F7,859 7859
HMRC - EmployERs
NIC Allowance		 E2,638 f1,362 E4,000 4000
Membership E192 f192
3 JSAAllowance E538 F538 23303
Total Income E79,477 f106,201 E186,678 185103
Gross Profit f186,878 185103
Less Operating
Expenses
Business Rates F7,859 f'7,859 7859
HMRC - EmployERs
NIC		 E5,836 f2,732 f8,568 4000
Salaries F58,416 F74,582 F132,998 117286
Pension Employer's
contr		 f874 f449 E1,323 1044
Materials
&Equipment		 f429 f4,022 E4,451 7820
Telephone
& Broadband		 F1,105 f145 E1,250 1222
Computer
&Website		 f900 f900
Photocopier F1,069 E1,069 E2,138 1538
Offloe EXpenSe - Stat/post/advert/pubUHS F789 F121 F910 2848
Other staff/Agency
fees		 E8,592 f838 E7,428 8619
Legal Professional
fees		 F3,690 f2,192 f5,782 5088
Insurance f638
DBS / Ofsted f599 f599
Catering
& refreshments		 E122 f477 1036
3 Cleaning costs E828 F1,388 190
Repairs and Maintenance E2,281 E9 E2,290 1649
Volunteer exps (Trips/Vouchers) F1,121 E1,121
Bank charges E96
Finance and Administration F3,772 f1,886 E5,658 4866
Training f827 f167 f994
Membership/
Subscrlptions		 f509 f189 F698
Entertainment/
Events		 F250 f134 f385
Play Project Expense f67 f708 F775 1503
4 Other- (Incl. dsprec, bad debt wo) f685 f885 2311
Total Operating Expenses f89,408 f100,004 f189,412 169162
NetProfit/Loss -E3,734 15941

tes
Fixed Assets
Tangible Assets
5 Computer
Equipment		 (OV) F2,101
Office equipment f600
Less accumulated depreciation 61,531
Total Fixed Assets(NBV) 61,371
Current Assets
Accounts Receivable 610,966
Prepayments 8723
Allowance
for doubtful		 debt f227
HACA- CAF 647,027
Petty Cash 631
Total Bank 647,058
Total Current Assets F58,520
Total Assets 659,890
Liabilities
6 Creditors: amounts falling due within ons year
Accounts
Payable		 61,323
Accruals 61,730
Deposits 6845
NIC (eers & ee's) 61,266
PAYE 61,101
7 bal c/f (deferred income) 6670
Total Current Liabilities 66,935
Creditors: amounts falling due more than ons year 60
Total Liabilities 66,935
Net Assets 652,955
Equity
Current Year Earnings -f3,734
Retained
Earnings		 656,689
Tots)E
uity		 652,955

As at 31 March 2022 As at 31 March 2022 As at 31 March 2022 2021
Notes
Fixed Assets
5 Tangible Assets
Computer
Equipment		 (OV) f2,101 f2,741
Office equipment f800 EO
Less accumulated depredation E1,531 f685
Total Fixed Assets(NBV) E1,371 E2,056
Current Assets
Accounts Receivable F.10,988 E7,816
Prepayments F723 f1,148
Allowance
for doubtful		 debt E227
HACA - CAF F47,027 E5B,535
Petty Cash F31 F63
Total Bank F47,058 E56,598
Total Current Assets F68,520 E66,562
Total Assets E59890 f65,562
Liabilities
6 Creditors: amounts falling due within one year
Accounts Payabls E1,323 F1,480
Accruals E1,730 F1,BBO
Deposits F845 f450
NIC (eer's & es's) E1,266 F1,128
FAYE E1,101 f705
f227
7 bal cff (deferred income) F670 f5,000
Total Current Liabilities f6,935 E10,670
Creditors: amounts falling dus more than one year EO EO
Total Liabilities F6,935 E10,670
Net Assets f52,955 f56,948
Equity
Current Year Earnings
Retained
Earnings		 -E3,734
f56,689		 F15,941
f40,748
Tots(E
ul		 F52965 f56689

re stricted
funds and		 are u sed for the purposes
spe		 cified by the donor.
unrestnctea ttestnctsa
funds funds Total
Grant Income reconciled 525 66390 66915
Grant Income un-reconctled 0 0
66915
3. JSA (Job Seekers' Allowance) Is the Government support soheme
4. Other
Includes provision for bsd debt and bad debt written-off 0
Depredation 685 685
685
5. Fixed Assets
Computer
equipment		 2100.97
Office equipment
less accumulated		 depreciation I5096 on Computers 800.46
1050
less accumulated depreciation Im 6036 on Office equipment 480
NBI/ 1371
6. Current
liabilities;		 creditors faglng due within one yean
Accounts payable 1323
Accruals
Inch Tax		 owed, Accounts and Examination fees, etc 1730
Deposits to be returned (including pehy cash to pay) 845
3898
7. bsl c/f
Grant Income Received and c/f to 2020/21 670
Under SORP FRS 102, HACA whiles s rectpient ofRestricted Government grant,
is In control ofwhen the Grant is spent end therefore the economic benefit has
passed to It. HACA can therefore
recognise the grant		 income in full snd unspent
income can bs carried forward.