CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1st April 2023 Period start date To 315t March 2024 Period end date Charity name: Hilldrop Area Community Association Charity registration number: 1164597 Objectives and Activities SORP reference Summary oflhe purposes of the charily as set out in its goveming document Para 1.17 HACA objectives shall be to provide opportunities for education and recreation, to encourage community participation and, in partlcular, 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 pravide a meetlng 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. To organise the management of the Hilldrop Community Centre and to erbsure its beneficial Ljse to local community. In response to changing demands, and in conjunttion with any other interested agencies Istatutory or voluntary), to undertake further work in areas which are agreed by the management committee to be local priorities. e) To co-operate closely with all groups and in all aspects of its work, to fight disadvantages, for example those stemming from class, race or sex, sexual orientation, disability, religion or age etc. d) Summary of the main activities in relation to those Para 1.17and 1.19 We deliver a range of services, for all ages and backgrounds which include purposes for the public benefit, in particular, the activities, projects or services identified in the accounts. After School and Holiday Play Schemes (4-11 years) stay & Play and toy Library (under ssl Tuesday Socials, Food Hub and warm Room Summer Fair ljubilee event) & Open Days Thursday Gardening Group Family Saturdays Community library and book swap We also support the following group5 and host them at the centre= Kingsley Org Disability Group Beng3li Women's Group Olokoro Nigerian Community Group Al-Anon meetings Tenants and Resident meeting5 65+ Film Club- North London Cares Community Plan for Holloway meetings Ward Partnership and Safety meetings Private hlre for community parties and events Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefrt Para 1.18 All Trustees have received the guidance document5 on Public Benefit. Additional information {optionall You ma choose lo include further statements where relevant about.. SORP refer8nce Para 1.38 Policy on grant making Para 1.38 Policy on social inveslment including program related investment We have appreciated the fant35tlc contribution from volunteer5 during this year, continuing to work wlth our Local Mutual Aid Group to support those most in need and now providlng an informative network for us to work in Para 1.38 Contribution made by volunteers other Achievements and Performance SOFIP refe￿￿ Emergency food provision and outreach continued during this year and was extended to provide all day warm room facilities. Summary of the main achievements of the charity, identifying the difference the charity's work has made lo the circumstances of its beneficiaries and any wider benefits to society as a whole. Para 1.2CI Our services are back to pre-pandemic levels which means income from Play Project fees and hall hires are now maximised. Grow back Greener funds were used to renovate the old carpark and turn into an open access wildlife area. We have been successful in 2 applications to the councils Thriving Neighbourhoods Project and plan to have surrounding street and paving resurfaced, and our Main hall renovated. Additional information (optional) You ma choose to include further statements where relevant about.. Achievements against objectives set Para 1.41 Perforrnance of fundraising activities against objectives set Para 1.41 Investment performan against objectives Psra 1.41 other Financial Review Review of the charity's financial position at the end of the period Para 1.21 Centre has performed strongly to come up with end of year profit of £5045 and our current liability also reduced over the year (from £12660120231 to £5597120241. We have equitylreserves of approximately £62678 on our balance sheet for the current year. The rise in operating profits has been due to return to pre-pandemic levels of income for the Play Project and our community hall hires. In Q4 we also rescheduled our fees for after school club to ensure that families earning under 35k got a 50 % redU￿d fee while those earning over 35k now pay 201/10 more. At the moment this has driven income up, but we hope over the coming year new families will join al the lower fee. We were also successful in several funding applications to provide relevant services and opportunities to members and residents usin our or anisalion There is at present no policy on holding reserves. Financial reserves are mainly 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 so¢io- cultural needs of the Hilldrop area community and one of our core funding is Restricted grants provided by the Islington Council. Reserves as at year end 3110312024 stands ata rox. £62678 see Balance Sheet statement explaining the policy for holding reseNes stating why they are held Para 1 22 Amount of reserves held Para 1.22 Reasons for holding zero reserves Details of fund materially in deficit Explanation of any uncertainties about the charity continuing as a going concern Para 1.22 Para 1.24 There are at present no funds materially in deficit There are no concems about the charity continuing as a going concem Para 1.23 Additional infomiation (optionall You ma choose to include further statements where relevant about.. Our principal sources of funding are statutory funds which support our core costs. We then use small grants for activity-led projects. Other sources of funding come from our community hires of the building and fees for childcare provided in our Play Project The charity's principal sources of funds (including any fundraising) Para 1.47 Investment policy and objectives including any social investment policy adopted We have no Investment policy as we do not hold or have any Investment income as defined in th& Charities Slatement of Recommended Practice (FRS 102 SORP) at ara ra hs 4.37 to 4.38. Para 1.46 A description of the principal risks facing the charity We have overcome the impacts of COVID and this year relurned to pre pandemic levels of service. Cost of living impacts led to a board decision to provide a 3¥0 increase to salaries not on LLW- no increases had been given for a number of years - which was implemented in April 2022. The Board also agreed to a 30h increase to salaries from April 2023. The LLW increase was 8.19/0 and we only budgeted for a 30kn rise, but still managed to meet the new LLWfrom January after annOUn￿ment. Psra 1.46 Other structure, Governance and Management Description of charity's trusts.. Type of governing document trust deed, royal charter How is the charily constituted? le.g unincorporated association, CIO Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees n/a Para 1.25 Constitution Para 1.25 Incorporated Association Para 1.25 Elected at AGM Additlonal information loptlonal) You ma choose to include further statements where relevant aboLrt'. A Trustee Handbook includes an induction for new trustees, and thls Is delivered by the Chair. Policies and procedures adopted for the induction and training of trustees Para 1.51 the organisation is structured via a board of trustees and core staffing team of 2, along wlth a team of p/t workers delivering activities and services. We are part of a support network, Octopus, comprising of 12 community centres across Islington who support each other with strategic and funding opportunities We work closely with our local council who own the building we are located in and manage the surrounding areas, as well as sharinE and being driven by, similar local priorities The charity's organisational structure and any wider ne￿Ork with which the charity works Para 1.51 Relationship with any related parties Para 1.51 Other Reference and Administrative details Charit name other name the chari uses istered Gharil number Charity's principal address Hilldrop Area CommLJni nla 1164597 Hilldrap Community Centre Community Lane Islington N7 OJE Association Names of the charity trusteès who manage the charity Namè of person lor body) èntitled to appoint trustse lif an Trustee name Office lif any) Date¥ acted if not for vthole year BRIAN BENCH Trustee {SG REP and Ofsted nominee) Trustee SARAH MARTI N GERALDINE BRENNAN Truslee Secretary Trustee PETRONELLA CARTER CHARLENE BRAITHWAITE Trustee STEPHEN MOORBY MARISSA CAMPBELL VICTOR OLAYEBO Trustee (Chair} Trustee Trustee Co-opted Trustee Co-opted Trustee Co-opted Trustee Trustee Treasurer Cllr SATNAM GILL Cllr TRICIA CLARKE 10 Cllr GULCIN OZDEMIR 12 GLYNN CLARK 13 14 orate trustees - names of the directors at the date the re ortwasa roved Director name NIA Name of trustees holding titlè to property belonging to the charity Trustee name Dates actsd rf not for whole ear NIA Funds held as custodian trustees on behalf of others Description of the assets nla held in this capacity Name and objects ofthe charity on whose behalf Ihe assets are held and how this falls within the custodian charity's objects nla Details of arrangements for safe cuslody and segregation of such assets from the charity's own assets nla Additional information (optional) Names and addressès of advisers {Optional infomiation} Type of Name Address adviser Name of chief executive or narnes of senlor staff members (Optional information) Elaine Maffrett- Centre Manager Natasha Harper- Centre Administrator Exemptions from disclosure Reason for non4isGlosure of ke ersonnel details other o tional information Declarations The trusteès declare that they have approved the trustees, report above. Signed on behalf of the charity's trustees Slgnaturels) Full name{s) Position (eg Secretary, Chair, etc) STEPHEN MOORBY Chair of Tiustees Date Profit and Loss Hilldrop Area Communlty Assoclatlon 1 A￿12023 to 31 MarGh 2024 Unr68tsfcted Fund R8Strktod Fund Total )tes Income Grant Inc￿me £101,290 £31,108 £132,397 £51.376 £21,531 £3,577 £0 After*thw￿Ho1j1aY scheTh￿ fees Rental Incon £51,376 £21,531 £3,577 £0 Donalion51other Income leg. Frsng. B Inti BusiDe55 Rates Relief HMRC- EmployERs NICAlbwance M8mb&rship JSAAllowanr £s.000 £5,000 £0 £0 £0 Totsl Income £126,398 £87,484 £213.882 Gro88 Profit £213,882 Lo6$ Operotlng Expenses Busin8$8 Rates £0 £0 HMRC- EmployERs NIC Salar￿9 £6.151 £2.647 £8,798 £147,304 £1.479 £93,614 £53.690 Pen5i0n Employerfs contr Materia15 & Equipment T8￿phOne & Broadband Comput8r & Webslte Phoiompvar Office Exp8ns& . st*tyOw￿vtrUPut￿HS other 5tafflAgency lees lind contract 8laffj Legal Profe55ional fe8s Insura £976 £503 £1,877 £1,091 £2,942 £985 £2.862 £1,091 £3,953 £2,1 £1,132 £14.899 £1,011 £2,185 £976 £156 £14,899 21,255 £780 £1,184 £2.439 £780 DBS IOf5ted £232 £232 Catering & refreshtnents Cleanlng ￿$tS Repair8 and Maintenan Volunte8re4)s (TrlpsNouthersl Bank tharges Finan￿ andAdministr8tion £613 £1,595 £2,208 £1,340 £623 £1,292 £623 £391 £1,426 £i.e17 £60 £60 £7,957 £1.790 £599 £8,556 £1,790 Audit fees Training l H&S MembershitySubscription5 Enlertainrnenv Events £592 £102 £694 £240 £688 £928 PIHY Project Expense other- Ilnd. deprec, bad debtwol Total 0￿ratIng Exp8n888 £1,894 £1,088 £1,894 £1,773 £208,837 £8BS <126.090 £82.747 NetPTofiVL055 £5,04S Balance Sheet Hilldrop Ar&a Communlty Assoolation As at 31 Pljarch 2024 Notes Flxed Assets Tangibl• A5S8ts Computer Equlpment (OV) Officè equipment Less accumulated depreciation £2.647 £1,077 £2,901 £823 Total Flxed A$setslNBVI CurrentA$sets A¢￿unt$ R￿e1Vable Prepayments Less AJlOWan￿ for doubtfvjl d8bl £6,9e6 £913 400 £59,857 £116 £59,973 HACA- CAF Pety Cash. Total Bank Totsl Current As8etg £67A52 Llabllltlgs Credilor8= amounts falllng due wlihln one year Ac¢ounts Payable Acauals Deposits NIC {eerf6 & ee'sl PAYE other creditois & sludenl loan bal df Id8f8ir8d income) £132 £1,893 £150 £1,081 £1,112 £599 £630 Total Current Liabilttiès £5,597 Cran thBtare rnaterially $lgnTfi¢8nl In my oplnlon Ihe Iln$n¢lal glatefflent6 111 give a true snd fair wew oflhe 8late ofthe charitls effairs 8S at31 M9rch 2024 8nd rt¥ plofbt Ilossl tor year Ih8n endtrj h$ve been prDporty prep&red in accordance Y4ith SORP FRS 102 as adopled by the ChariUe$ ¢ommL4sIDn and Se¢lion 130 Df the Charities Act 2011 and 121 lowhich, in my opinb)n, 8tt8nibn should be drawn In ordgrto enable B prop81 underst8Th￿Ing of th8 aCC￿nts to be r8ached. Andrews Tets-Donkor, MB4 ACIE GIAndy & Co IAcGountantEI 43 ECkIn￿On HouB8 London. N15 6SH 24-May-24 INCOME In¢omingTrsourGe8 Trom g8n8fyt9dfvnd$ l Gran15 and othèr¢on8bons Iothtr irt¢ome lrt¢omlng r&8DUfGes frorn chath8bl8 aclNIt*s I IncDtne from ser¥iGes provKted 1048e6 21531 87484 %923SO 21531 161971 45538 126398 87484 213882 207509 EXPEND￿uRE CDSI ofgenereting l FUndraI￿n9 snd pr4ecE devdopmarii Ch8iTtabl8 ecfvi1￿5 126090 685 82747 208837 1T13 202621 202621 Tr•n$fer,betrfeen.iu'nds.' oth&r Rfrcognisèd Galnsl IL0660Aj Re81ised gain on investment Nètmovomant In Fund6 308 88396 5045 4888 RÈcoWciLlaTION.9F FUNDS.. Èlanco BroughlFaward 31Mar B8lance"Carrled Forward J$iA nl..2024'.