YNCX.. REACHING oT0 COMMUNMES & HELPING COMMUNfflES DISCOVER THEIR FULL POTENAL REACH OUT. DISCOVER YOUR POTENTIAL AND CELEBRATE OUA ACHIEVEMENT51 Community Education Foundation & Lyncx (CEF Lyncx) CQFL- loUNiTy EQIUTIQN FOUNPATION&LYNCX Annual Report & Accounts (31 March 2024) Prepared tyy.. Ahavaland Lld 26 The Link. 49 Effra Roa London SW2 1BZ CEF Lyn¢x,' Charity.1165623 1 Company #.. 8008832 | R•9lstsred Unil È516, Eurollrth Bysiness Centre, Il.. | Tel.. 0207 7A74274 |.Ikiilw.. C.¢Jll¢Mtnllilli. -fiiiibeili .M&ilp Coiiitl)lJi)Èli' lilip:.1.sMrd 2021 BtttC0nThwltylnlUa1fv4A4¢ IL4tt&•th Ll¢fflg R4Èldffts ¢fe?2OI4
2of21 Annual Report and Accounts Contents Page Administrative Details Chair's Statement Executive Dire¢tor'$ Statement TTUStees Report Review of Activities & Future Development ststèment 11 Independent Examinerfs Report 13 Statement of Financial Actlvities 14 Balance Sheet 15 Profit And Loss Account 16 Notes to the flnancial ststements 19 Accounts Policy 20 CEF Lyntx,. Charity #..1165623 | Company 1.. 8D088321 RÈyi51ered E.J*Mil.. l TeL.IJ_ty7 7174274 |.Ikip¥.' Unit8516, Eurolink Bu$ines8 Cenlre,49 Effr3 Road. Brlxlon London SW2 IBZ Latnbeth Macle Cotllllilinilv IIDTJACI A ~r&I 2021 a•cOMl1n1u¥8AwJrd I LaD1JethLkthyRdwC¥nkn¢o24
3of21 ADMINISTRATIVE DETAILS OF THE CHARITY AND ITS TRUSTEES Board of Trustèès Navlel Williarnson Abdul.Razak Maharnoud Jennifer Clarke Christian Johnson Donna Nelson Principal Office Address B516 Eurolink Business Centre 49 Effra Road London SW2 18Z Accountants Nuawa & Co Chartered Certified Accountants 102 Milcham Lane London SW16 6NR Bankers National Weslminsler Bank plc Hammersrnilh Branch 22 Kings Mall Harnrnersmith London W6 OPZ Charity Regi51ralion Number 1165623 Company Reglstration Number 8008832 CEF Lyntx., Charty *.1165623 | Comyny l.. 80088321 Rtglst2redQ Unll 8516, EurDlink 81n0s5 Cenlie, 49 Effta Road, 8rlxlon London SW2 1BZ IAinl)oili Macle Cutjiiniinity In)p:ic't Amarcl 2021
4of21 Chalr's Statement.. l am once again plèased lo have completed another year as Chair of the Board ol Trustees, leading and serving our Charity, Community Education Foundation & Lyncx ICEF Lyncxl. 11 is wilhoul hesitation that this Charity. setup by a handful of parents and carers in 2011, continues lo slrerwJlhen ils position not only within Larnbelh bul across London. The Charity continues lo deliver the conslitub'onal objectives agreed by the Trustees since its inception which I have been privileged lo be part of steering. Another good year despite the arrival ol the new sel of gbbal health ICovid-191 and economic Icosl of Living) challenges Sin 2020,1 arn proud lo say that our Charity continue to have a rolling good year, which my fellow Trustees and Ihe decision-making structures within our Charity conb'nue to guide us in a sustaining directions. We have embraTrd co-production and a youlh-led approach as a mcxjel that allow our Charity lo achieve the diverse range of inleNenlions that we offer children, youn9 people and their families in Lambelh. Despite the challenges, our Charity continues lo grow each year btslh financially and in its capability lo each year co-produce the diverse range of inlervenlions that has and continue lo provide consislenl outcomes for thousands of beneficiaries continue who lo experienTr disproportionate inequalities that has be heightened by global circumstances such as the Coronavirus pandemic and Cog1 of Living crisis. I musl say, our Charity's response to these unprecedented challenges has continued to be outstanding., our executive team and the Workfor continue to demonslrale great resilience, creativity and a 'lorward thinking, and a 'can do, approach all of which has contributed to advancing the hard decisions we made during these challenging periods. These decisions t1 only enabled our Charity lo sustain ils position and commitment lo co-prcduce the diverse range ol the community-led and fil-for-purpK)5e inlervenlions that conb'nue to deliver outcornes for not only our comrnunity of young people, their farnilies and the wider community bul also our lunders and partners. I continue lo recognise the risks linkj to some ol the tough decisions that we look during the pa51 years and this year has not been different and I believe that making prudent decisions on our Charity's strategic direction has been our goal in all situatn$. This ethos continued lo provide opportunib'es for our Charity lo co-produce and sustain services for our community. As we look over the year 2023124 finanaal year, I can wilhoul hesitation Say our Charitys perfomance has been excellent with our fundraising efforts enabling our growth and capacity lo continue lo deliver our Charity's objectives supporting over 3,500 benefiaaries with an average loollall of nearly 20,000 unique beneficiaries accessing our services this year. I continue lo recognise the complex challenges that define our community's complex needs and from my own livedexperience, I know that addressing these challenges cannot be achieved by our Charity's eftortslwork alone. This rneans, we are committed lo continuing with our efforts lo strengthen our partnership and collaboration with youth service providers locally and regional with the aim of sharing knowledge in a way that allow us co-produce holistic CEF Lyn¢x'. Charity#..1165623 | Companyl.. 8008832 | R•gl&tered Un51 B516, Eurolink BlnesS CeTrtre, 49 EfTr4 Road, Brfxton London $W2 1BZ tAinlTroLlI Made CoJninUtli. Impklct A.r¢I2021 l LgRIts Conkn¢•2M4
5of21 support packages that will not only address the short and rnedium temi needs bul the lorvJ-tem needs ol children, young people, and families primarily Lambelh. I look forward lo 2024125 Financial year and with the continues support of my fellow Trustees, I will continue to ad our journey to achieve not ju51 continuous review of our strategic decision-making structures bul ensuring that our derision5 are informed by our analysis ol our cornrnunity's needs, priority weighed against globavlocal challenges in a way that enables our Charity to continue lo deliver our commitment lo all our slakehtslders. Finally, I would like lo acknowledge the tremendous support and (x)nlribulion of my fellow Trustees, staff team, including volunteers lor demonstrating conkn'nuous resilience, creativity and resourceful towards the implemenlalion of our userlequity4ed co-production strategy that continue lo strengthens our Charity's capacity lo respond to challenges all in our sector has been experiencing since the beginning of the 2020 pandemic. We will continue lo celebrate our successes, learn frorn what didn't go well and apply new approaches backed by both primary and secondary research lo inform our strategic decisions-making proTrsses. OncE again, thank you lo you all for conlinuesly demonslraling consislenl resilience and tenacity throughout the year. I am looking forward lo serving as the Chair of our Charty. av el Iiamson (Chairl CEF Lyncx.. Charty.1165623 | Comp4ry#.. 80088321 Reltered @ Unlt B516, Euiolink Buslnes8 C8nlre. 49 Elfva Road, Brfxton London SW2 18Z LAiiibEtlI Mdde CJntTllI}iJnity Tinpilc'l AMr(12021 g•ttcQnrdfylnth8AIrd I I LFtsth Ltykng R8¥ldert¥C4nfw•ico2tr14
6of21
Executive Director's Statement..
Once again, the financial year 2023124 has been amazing for our Charity. We continue to manage the impact ol
Covid-19 pandemic and the Cost ol Living crisis on communities. Over this period, our Charity, Community Education
Foundation & Lyncx ICEF Lyncxl with a slrory leadership ol our Trustees, support ol the workforce and cornrnunity, we
continued lo sland shoulder-lo-shoukler lo rL)-produce dN8rse range of inlervenlions that continue lo benefit our
community and enabling our Charity lo nawgate through the aftermylh of the unprecedented and difficult lirne. With
great resilien, tenacity and creativity, we have sustained another year of recovering frorn the impact ol the past.
I sincerely acknowledge and thankful ol the joint efforts that enabled our Charity lo achieve 115 objectives this year ended
on 31 March 2024 and I would like lo thank everyon8 for th8 remarkable resilienc8 and adaptability ihroughoul th8 year.,
your continued contribution towards our Charity's achievement during this difficult lime in paying off. Our Charity
nlinued lo achieve its objectives during this unprecedented and on-going challenges laced by our Sector.
Nonetheless. this has added lo slrengihening our Charity's position not only lo continue lo strengthen partnership work
with our MMunity of young people, their parents, partners and funders lo Oy)-prodU the diverse inlervenlions that
delivered outcomes lo the over 3,500 beneficiaries with an average footfall ol nearly 20,000 unique beneficiaries
accessing our servi$ this year.
l acknowledge that the challenges of the pandemic and cost of living are on-going and therefore I wll continue lo work
with our community, workforce and Trustees b fwus on building on achievements in a way that will enable our Charity
to continue lo wilhsland such challenges. Moving into the next financial year, we will continue lo work together lo
conlinuesly review and irnprove our strategies by continuously monitoring, idenb'fying and reviewing our response lo
potenliallemerging challenges locally, nationally, and globally in a way that allevialeslminimises an adverse impact on
our Charity's growth and achieving its objectives for our community, partners and funders. This means I will continue lo
pull together and build on the benefits of the collaborative and co-producliin work we have enjoyed to inlom) our
strategic derysK>n making process.
I continue lo align our Charity's consliluts'onal objectives that is to deliver education and capacity building for Ihe benefit
of disadvantaged children, young peopl8, and famili&s in Lambelh with oipportunilies Ihal will enable our Charity's
growth and continue lo be recognised as a key conlribulor lo youth servIS provision in Lambelh and beyond.
This year, our Charity's work deliver positive oulctsrneslimpacts for over 15010 more beneficiaries compared lo last year,
created more 50 paid sessionallvolunleering work places and 25 volunteering opportunities for young people aged over
16 years across all 7 areas of our service ofter.
Parents continued lo report irnproved attainment levels of their children and our work delivered opportunities for young
people lo achieve oulcomes such as, financial independence, improved personal development and employability skills
through our Volunteering and Paid work placement opportunities.
CEF Lyncx,. Charlty#..1165623 | ¢ornpany#.. 8QOB832 | Règlstéred
Vnil B516, Eurollnk Bu5ines5 Centre, 49 Effra Road, Brlxton London SW2 1BZ
| Tel.. V2V7 jj? 4J74 |-Ik:yp¢.' L¢pmWWIIItyL.'
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7of21 I continue to credit our Charity's achievement lo the resilience and tenacity our Workfor lincludirig volunteers) who demonslrale continued courage, commitment, compassion, integrity, and professionalisrn throughout the period, the leadership ol our Trustees who continues leadership and embracing our communitylequity.led and partnership Co-products'on approach which continued lo enable our Charity's achievements during the year. I continue lo push on the development and implementation plans lor OUT GreenHul, an asset leased lo our Charity on a 10 years 'peppercom' rale frorn our Local Authority from 2022 and which this financial year, w& completed during more than 80 /0 of our planned renovats'onlmodernisalKin works lo the inlemal and exlerial parts of this asset, achieved 60% of our energy effiCnCY strategy and on schedule lo open Ihe faality lo deliver our Pre-schooVEarly Years provision from the beginning ol April 2024. We will continue to work with potential lunders lo secure the investment we need to cornplele the remainirvJ works and 5UPPOrt the resources needed to operate the facility. During th8 renovating period. Our Gre8nHul provided a safe space lor more than 70% of the children and young people who engaged with our services and the remaining 30¥0 was through our online 'virtual' provision and adding adding the Pre-school provision will not only allow our Charity lo lulfil our lease obligations, which is lo use the building lo support both early-years and poslarly years users bul both services together, provides a great opportunity to fulfil our 'Ear Inlervenlion, strategy for our community. Just like the supermarket module, our Charity's delivery ndule, wll provide a one slop environment where children and young people can access and engage with our services from infant lo young adulthood1010 191 The impact of the Cost ol Lwing crisis is ongoing and we can anticipate that there are still challenges ahead. To miligalelreduce the impact of unbreseen challenges, we will continuo lo apply SWOT and PEST analysis lo guide the strategic direcbon of our Charity in a way that reduces any adverse impact on our Charity's financial and operats'onal position. Furthem)ore, we will continue lo have great awareness of the rapidly changing environment of lechnokjgy, global warming, and econDmic challenges and again, apply SWOT and PEST analysis lo guide our strategic direction ol our Chanty. Under my execulwe leadership, I will continue lo seek and prepare lo manage such ongoing challenges by continuously working with our Trustees, workforce and the community lo adopt new and SMARTER long-tem approaches that will add lo the conts'niK>US improvement of OLir Charity's resilients and pin our position as a credible grassroots Charity. Movingrward in the next financial year, I will conts'nue lo review and be guided by our Business Plans whieh includes, Community Sports Development, Fundraising, and Marketing Strategies and Our GreenHul Development Plan in a way that inform our decision5 on how we achieve measurable and sucSsful outcomes for our community, Charity, and the lunders who invest in our work. This approach, I believe, has and will also continue to deliver our comrnilrnenl lo improve support and training for our Workfor and Trustees., strengthen our partnerships1nerk', r8view our strategies, policies. and procedures lo ensure that they are aligned and continue lo support the changing needs of our community wilhoul compromising the benefits CEF LyTh¢x', chaty#..116S62) 1 Company #'. 80089321 Reglstsred @ Unil B516, Eurollrth BsInesS Centre, 49 Effra Roèd. Brlxion London SW2 18Z I.•TrftTxI.. (oMiJitIliify7{Qfi.DIX.ttk | Tel, 0207 7174274 |.5'kypÈ.' C.iJirtwiunitsL7 1 W&b.. hnfv'//¢wf&urg.ttk/hDJPJt I TJNÈ¢.IErfu,C."IF.LvTJQY l YoMTb*.. C'LF.'Liptyc.r lthinbeili rInslInity Impact Award 2021 8•JlCOnwnMtylnthfjAWIrd I ILaNbÈthUvkng Rdrttnkne•2DI4
8of21 of legislalivelgood practice guidance, our serviceslinlervenlions are co-produced are needs4nformed and fil lor purpose and support our Conslilulional mission and objectives. Moving into the next financial year, our strategy lo work with Resident Management Organisalions IRMOI and Housing Association parhers will continue lo underpinning principle model of operatn and thefOre, we will continue lo collaborate with them to develop their community investment projrammes such as community sports, after-school extra study support, localvzed youth aclionlconsultslive groups. provisions for children with special needs and disabilities ISENDI, and we will continue to improve our relationship with our Local Authority while developing new parmerships with tslher youth Servi organisalions and local businesses in Lambelh. Finally, I would like lo thank everyone for their continuous support and contribution toward our Charitys work over this and previous reporting years, and I look foNard lo working with all lo deliver our commilmenlsf 2024125 and beyond. nson Executive Director CEF LynGx', Chaiity #..11656231 Company #.. 80088321 Re91•r1d Unit8th. EurolSnk Bu&lnes Centre, 49 Effra Road Bklxt4n Lèmdon SW2 1BZ L&tnbtil) M&ile (oOfl)iiiiiniiv lihpill't .4ivrd 2021 estcoMllttUyVAWIrd I ILan&)thLfrkng ResldwiBCorl#rrme•2LX4
9of21 Truste•s' Accounts Report: On the backdrop of the Covid-19 pandemic recovery and the experience of the Cost ol Living crisis still resonating across the country, we are pleased lo pr8senl to you our Charity, Community Education Foundation & Lyncx ICEF Lyncxl's 2024 Annual Report covering the financial period 01 March 2023 10 31 March 2024. Once again, l am proud lo say our Charity continues lo rnainlain a strong financial position lo enable us lo navigate through the turbulence of ihe Cost ol living crisis. We continue lo show great resilience and incredible response lo these managing the crises lo work in our favour., seizing every opportunity lo strengthen our Charity's financial position. I would like lo stress that we couldn't have achieved this position wilhoul the effortless contributions by our Charity's leadership, Trustees continued commitment and resilience, the workforce and the community's conb'nued comrnilmenl and resilience towards working lo3elher lo achieve a common objecb've for a15 stakeholder. Throughout the year we continued to not onty r&fkcl on our Charity's achievemen15 bul a150 continued our journey lo work with all our stakehokjets lo develop strategies that enable our Charity lo efficiently and effectively resptrnd lo ongoing and future challenges. Despite these challenges, l am pleased lo announce that this year, our Charity experienced an InMe grovAh ol approximately 12.5¥0 compared lo L4sl yearfs income., the details of which can be found below in the income and expenditure page. During the period, our Charity continue lo support more more children, young people and families from diverse cornmunilies in Lambeth achieving a user foottall (unique participants) of about 50,0001250 x 5 days x 40 weeks) of which more than 70 young people beyond Lambelh engaging in employment and volunteering opwrtunilies delivering approximately 8,400 hours of work across all our projects, maintained partnerships and strengthened our relationship with our Local Authority and funders all ol which, account lo tsur12.5Yo increase in our income compared lo the previous year. Moving into the next financial year, our focus will still remain on ensuring that our beneficiaries of children, young people and farnilies in Lambelh are 5UPPOrted in ways that guides them on a path lo improve improved life chan$ i.e. reducing the impact of their disadvantaged circumstances and working collects'vely lo enable them lo develop the resilience and skills the need lo continue lo work lo achieve beyond their full potential while minirnising the impact of the ongoing threats such we are experiencing with the Cost of Living crisis and the Covid-19 pandernic. Our approach will continue to be informed by the various slralegies, workforce, community's lived experiences and our Trustees leadership to leam and build on our achievetYnts in a way that adds lo improving our Charity's financial capacity lo co-produce fil purpose interventions that delivers outcomes for our community, Charity, funders and partners. We will continue with our CDrnmilmenl lo develop new partnerships and nurture existing, develop the capacity of our Trustees in a way that continues lo strengthen ils ability to continue lo provide the level of leadership they have collectively demonslraled in successive years, continue lo effectively respond lo the ongoing challengeslchanging needs CEF Lyncx., Chartty#'.1165623 | Cornpany#.. 8008832 1 A•gI8lir4d Uhit B516. Evrolink 8usin•¥$ t•nlr•,49 EllY¥ RDid, 8rixton London SW2 IB2 Lambeth Made CuiniT)unity Iwnpwi AwarLI 2U21 PwlCorrfflLntylrlUath•A¥atdl i LanJth LIV*&R•bt$ CQnfwrrth2
100121 of our Charity and the community it serves and above all, continue with our Charity's commitments to develop and deliver its objectives lo adopt the provisions of the Slalemenl of Recommended Practice ISORPI 'Accounling and Reporting by Charities (Revised 20051. as our Trustees priority. The Charty's Objective of as lald down by the Conslitulion: in the yèar ahead and beyond. Our Charity's conslibjlional objectives are tr>'advance education and provide capacity building... remain unchanged and the drive of our work. azak Mahamoud (Treasurer) CEF Lyncx., Chkr4ty#..1165623 | Company #'. 8008832 | Regi51gr•d EMrtil..1UNl7sYr1.O1s.llk l T.. O7i177574274 IJ'ypr.' I Wv&.. hllfv..//¢efi.9ryi/hoW¥ I fywilv(ttCEfLI.Ji¢x | YoNT#bt.. CEFLirJlt.r Unit B516, Eurollnk Busin•ssCAnlr•,49 Ellia Road, Brtxion Loln SW2 1BZ L*mbeih NqiLde Coiniiiiiniiy li11p.1 Ath.rd 2021 L3Thb•th Lkn9drffjt8cunflm24
110121 REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS.. Our Charity's CL)nstilulional objective still remains as advancing education and providing capacty building inlervenlions for the benefit ol children, yourKJ people and familie5 in Lambelh who disadvantaged as defined by the Index of Multiple Deprivation IIMDI, i.e. social, ernolional, environment, education and economic disadvantaged and who we know that these places multiple barriers that adds lo slowing down their pursuit lo improve their circumstances. Our Charity, Community Education Foundation & Lyncx ICEF Lyncxl continue lo drive efforts inlemally Whi conlribuling exlemally through our partnership with communities, housing providers Iresidenls, managernenl Drganisalions, IK>using associations, local aulhorityl, schools, local youth service providers and funders to foster more holistic people cenlred inlervenb'ons that fil with the ever-changing needs ol our community. Our SerVis11n1erventi0ns continue lo reach out and benefit more disadvantaged chiLdren, young people and their farnilies across and beyond Lambeth, however., we conlinu81o experience overwhelming demand on our setvIS with a growir¥J waits'ng list of parents wailing lo access our services such as our after-school virtual study support schooling prograrnme IVS3PI and ou school holidays active and recreational prograrnme ISHARPI. This tells us there is more lo do lo bridge the gap in services accessible lo this cohort of children and young people. CEF Lyncx continue lo push on our mission lo work wlh our slakehokjers lo tackle the root causes ol disadvantsges faced by our comtnunity of children, young people and their families by continuing lo co-produce sucsSI11Y tried and lesled inlervenlions that is accessible to chikjren, young people, their families. We will continue lo build on the successes we have achieved over consecutive years in a way that continues to allow our Charity lo achieve its mission. Achving 80 /0 ol the renovab'on work al Our GreenHul and preparing run our Early YearslPre-school intervention frorn April 2024 means we are set lo fill the gap in our earfy intervention strategy. The addition of our Eatly YearslPre-school provision will prowde opptrrtunity for co-produc4ng a wrapped.around, a,OnelOp, shop where parents can access opportunities lor children al a very earty age Ilrom zero). This will prowde opportunity for children lo continue their engagement vAth our Charity into their adulthood. For example, from preschool age lo volunleeringlpaid working age. This approach we believe would help address some of the root causes of the disathantsges, For example, a child engaging from preschool prowsion have more opportunity lo develop essential cognitive skills the i.e. help lo improve a child'5 devebpmenl and behaviour al earfy age which will help towards a fair change ol improving their educational attainment during the posl*arly years education and a beller chance of achieving meaningful lulure objects've. Our current core services moving into next year are listed below and which detailed infomialion can be found al our website using this link QuL&Li CEF Lyncx,. Ch•rftyl..1f65623 | Cornpany#.. 8008832 1 Réolslirqd @ Unit B516. Eurollnk Busin•s1 C•ntr•,49 Effrn Road. 8rixton London SW2 1BZ lJxinl)vth Maile Cooininiinity liiip.'x't A%Trard 2()21 8tconi1ty1n1la1A¥x I ILJThheth Llthg RIBIdlI Conf#re4201d
120121 1. VS3P lafterwschool wrtual study support schooling programmes, provides additional leaming with literacy, numeracy and science for prirnary and secondary school age children and young people helping them improve attainment levels in these core modules. 2. SHARP (school holidays acllve & recrealK)n programmel provides safe Spa adding to bridging the gap in school holidays activities provisKJn for young people, helping them lo develop a dwerse range of social and educational skills. 3. Creative SIEP (Saturdays the Elra Project) a youth action and leadership projramme for young people aged 1110 24 years okl, helping them develop and improve their interpersonal skills i.e. s181 and leadership skills. 4. SENDsalion, a tailored provision for 1110 30 year old young people with SEND (special education needs and disabililiesl is aimed al helping the cohort lo achieve improved independent living skills. 5. Sports Saturdays, a mulli sports sessions designed lor 710 15 year olds in a way that help them lo develop andlor improve engagement, participation and soft skills 6. Volunteering Opportunities provides a Work placement opportunity lor1610 25 year olds aimed al empowering the cohort lo devebp personal objecb've and employability skills that will benefit Ihern throughout their lives. In addition, we will continue lo rewew and provide our Tru51ees and workforce with the support and resources Ih8y need lo drive forward our Charity's aims and objectives, as best fil lo achieve our objectives, develop structures and adapl new ways ol working to strengthen our Charity's capacity lo itnprove serviceslsupport for our community and partners within our rapidly changing environment. ceF LynGx', Chavity ¥..11656231 Company #'. 8008832 1 R8glstsrfyd Unll BS6, Eurolink BlnesS CeMi8. 49 Effra Road. Brixton London 1BZ L&ml>eili M7 dc Cominunity Iinpilct Award 2021 8gstConmUntyinzAya[d{ 1La)*thL1g R85idmts Confwww2ts14
13of21 Independent Examinef's Report lo the Trustees: We fftport on the accounts lor the year ended 31 Marth 2024 as sel out on pages frfteen lo nineteen. Respective responsibilities of Iruslee$ and examlner: The charity8 Iwstees Iwho are also the directors for the purposes ol company lawl are responsible lor the pparation ol the accounts. The charitys Iwstees consider that an audit is not required for thi5 year lunder Sertion 144121 ol the Charities Act 2011 Ilhe 2011 Actll and that an independent examination is required. Having satisfied ourselves that the charity is not subject to audit under company law and is eligible for indgpendenl examination, il 15 my responsibility to.. examine the a(munts under Section 145 01 the 2011 Act lo lollow priKedures Lqid down in the General Directions gwen by the Charity Comrnission (under Sedion 145151161 ol the 2011 Act),. and 10 5ts1e whether particular rnatters have come to our attention Basls ol the Independent Examinerf5 Report.. Our examination was (3rried out in accordance with the General Directions given by the Charity Commission. An exaTninalion includes review ol the aceounling records kept by the charity and a comparison ol the accounts presented with those records, 11 a0 includes consideration ol any unusual items or disclosures in the accounts and seeking explanalK)ns you as Iru51ees conceming any such matters. The prOcureS undertaken do rk)I provide all the eviden that wouhj be required in an audit, and (xnsequenlly no opinion gwen a510 whether the accounts present a'lwe lair view, and the report is limited to those matters sel out in the ststements tek)w. Independent Examlner's Stslemenl.. In examination ol the accounts, no matter has come to our attenb"on.' which gives us reasonable cause lo telieve that, in any rnalerial respect the requiremen151o keep acctyjnting records in accordance with Section 386 and 387 01 the CoTnpanie5 Act 2006., and to prepare accounts which atrord with the accounting recfjrds, comply wrth the ac£ounling requirements of Sections 394 and 395 of the Companies Act 2006 and with the methods and princip$ ol the Accounts'ng and Reports'ng by Charities,. Ststernenl ol RecofflmerKled Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republi of Ireland IFRS1021 leffectwe l January 20151 have not been mel., or 2. to which. in our opinion, attention slK)ukl be drawn in order lo enable a proper understsnding ol the accounts lo be reached. The stslemenl of firianci31 actwities sel out in the financial statements proves a snapshot ol the firiancial resutts is sel out bek)w'. Income Gen8ration'. The main source of income is from donations and grants from donors, Twsts, Foundats'ons, and other grants giving organisalions. Nuama & Co, Chartered certifi Accounk 102 Mrtcham Lane, London, SW16 6N ¢EF LYx.. Chaty.115623 1 Cgrwny #.. 8008832 | Regislef•d Q Unit B516. Eurollllk Busin¢¥$egnlr¢,49 Effra Road, Brfxton Lgndan SW2 1BZ Q¢01nh1alhAvaTd1 ILan#th LKthgRld*itsG)nfèrwc•2014
14of21 STATEMENT OF FINANCIAL ACTIVITIES (INCOME AND EXPENDITURE ACCOUNTS) FOR THE YEAR ENDED 31 March 2024 UNRESTRICTEDIRESTRICTED FUNDS FUNDS FUNDS 2024 2023 2022 NOTE INCOMING RESOURCES Donations and similar income resourcès Investment income 309,594 274,121 263,693 TOTAL INCOMING RESOURCES 309,594 274.121 263.693 RESOURCES EXPENDED Charitable aclivits'es Governan cosis 165,769 100,244 201,816 69,121 224,619 55,232 TOTAL RESOURCES EXPENDED 266,013 270,937 29,851 MOVEMENT IN TOTAL FUNDS FOR THE YEAR- NET INCOMEIEXPENDITUREI FOR THE YEAR 43,581 3,183 -16,157 TOTAL FUNDS AS AT 31 March 2023 117,464 114,281 130,438 TOTAL FUNDS AS AT 31 March 2024 161,045 117,464 114,281 EF Lyrrtx., Charity ¥..11656231 C¢mparw #.. 8008832 1 Registsred Unil 6516, Eurollnk Business CeM8, 49 Eftrè Road, Brfxton London SW2 1BZ W•b.. lJiiM//ttJÈ.0¥&uk/lJ¥ I '1¢1.[.tt.LVJx l Y¢JMTube.. L"EfLvJ4fX l.ambeth Mado Coinmiii)ity lii)pwt Aii'ir412021 l LknLI¥9 RESId[DnC•2m4
15of21 BALANCE SHEET AS AT 31 March 2024 Notes 2024 2023 2022 FIXED ASSETS TANGIBLE FIXED ASSETS 233 2,579 CURRENT ASSETS Debtors Deposi15 and Cash al Bank 119,081 113,452 163,895 LIABILITIES Creditors.. Amounts falling due within one year 12,8501 11,8501 11,7501 Nel current assets 161,045 117.231 111,702 TOTAL ASSETS LESS CURRENT LIABILITIES 161,045 117,464 114,281 CHARITY FUNDS Unreslricled funds 161,045 117,464 114,281 TOTAL FUNDSIIDEFICITSI 161.045 117,464 114,281 CEF Lyncx., Ch)rty.1155623 1 ComyThy #.. 8DQ88321 R¢gig1giBd &wrfd.. rnJwmuiJJty7fv'fefi.oJx.iik | Tel.. O?07 7574274 lJ'ylJ¢.. C¢JniJiiwttitJ,.7 1 Weth. httÈ..//c¢f¥por£.wk/kniw | 'li#rtÉrl*(¢t'C'EfLvJi¢X | YouTMb.. CEFLvwfX Unil 8, Eurolink Busin•s#COnlrè, Elfra RoBd. Brixton London SW2 1BZ LAn)beth MIe Comfflunity InipAci AwArd 2021 l Lanknoth LbROrS
16of21 Profit And Loss AGcount For the year ended 31 March 2024 2024 2023 2022 Income Voice4Ch8nge DCMS Kitchen Social LCFoundalionlPeabody Trust Street Game UK Youth Corpus Christi Lb ol Lambelh RMO The London Community Walcol Foundation The Veolia Clapham Park Project London Marathon Fund Donations Hall Hiring LaurouF0oI Locker Peter Minel Trust National Grkj Grant 8,585 26,000 5,850 11,000 4,000 2,000 4,388 10,000 4,650 500 2.500 12,575 5,500 123,511 54,346 28,400 28,000 8,862 7,777 88,852 42,844 10,000 25,000 8,862 137,497 54,361 14,400 15,600 3,059 1,520 44,599 32,370 20,000 309,594 Total inc4)me 274,121 263,693 CEF Lyncx.. Chèrity#..11656231 Company #.. 8D088321 RegY6t•r•d Unlt B516, Eurollnk Busin•ss CentrB, 49 Effra Road, Brixton London SW2 1BZ IAmbEth Miiile CAOITiinui)ity InipACi A.r 2021 BoitCoThTf4thitylr1tyatAw¥rdl l Limb L9RldltsCQn1wwc*24
17of21 Charitable activities 2024 2023 2022 Adminislralive expenses 950 1,400 2,835 F()olball coaching 302 2,520 Learning materials 9,983 6,256 1,900 ProjeGI coordinators 25,385 27,345 25,616 Refreshment 12,660 10.715 17,290 Sessional tutors 46,664 94,340 131,238 Hall Hiring 1,221 5,015 120 School Holidays Projects 34,309 31,752 30.066 Contrac1015 14,270 Sports equipment 1,150 5,270 9,018 Youth Workers 17.782 17,172 Travelling 1,395 2,250 4,017 165,769 201,816 224,619 CEF Lyn¢x'. Charity #..1165623 | Company#.. HWH832 1 Aigl8t•r•d@ U88, Eurolink Business Centre, 49 Effla Road, Brixlon London SW2 1BZ J¢yl..iowMwwityiff <•fi.o¥x.N& l T¢l..Q207 737 4274 |.¥tyP¢:. com1.., | WA.h(rfv.//¢8fi.(ry.llh./WVe I Iwy¢lTr{¢i.C.&.fiAV?icx l Y¢JKTw1..(.fLveX lJLmbeth MAdo Cornmujiiry Inipiet Award 2021 B•St¢Onwty1nmth•AItdI
18of21 Governance Costs 2024 2023 2022 Expenses Accountant's fees Advertising and PTR Bank charges Bookkeeping Depreciation Electricity Equipment expensed Wages and salaries Insuran Motor expenses Rent & Rale Publicity Repairs and maintenan Staff training & welfare Slalionery and printing Green Hul Telephone and fax Web & intemel Welfare 1000 1000 750 250 40 1000 2,346 591 9,350 13,790 2,923 447 1,500 233 464 1,500 2,346 350 2,210 13,350 880 14,363 23,050 926 1,340 14.979 1,821 19,167 9,823 1,799 3,946 38 8,440 3,461 1,515 1,300 1,450 11,250 3,375 1,200 4.143 24,188 2,875 3,250 2,449 6,826 50 Total expenditure 100.244 69,121 55,231 Funds marked lor next year project 43,581 3,183 -16,157 Fund balan blfwd 117,464 114,281 130,438 Fund balanTr thd 161,045 117,464 114,281 CEF Lyncx,. Charity #..1165623 1 C¢mpany#'. 8008832 | R8glst•iÈd Unit B516, Euiolink BusinBss Cgntr¢. 49 Effra d. Brixlon Lon 5W2 1BZ l Ambeth Miide Coininijtjity Inii)Act Alard 2021 ILaft*WhLlvkniy nIr2014
19of21 Notes to the financlal statements for the year ended 31 March 2024 I TANGIBLE FIXED ASSETS Furniture, fitting and equipment Total 2 COST Al1 April 2023 11,732 11,732 Addthon As 31 March 2024 11,732 11,732 DEPRECIATION Al 1 April 2023 11,499 11,499 Charge for the year 233 233 As 31 March 2024 11,732 11,732 NET BOOK VALUE As 31 March 2024 As 31 March 2023 233 233 STATEMENTOF FUNDS BROUGHT INCOMING RESOURCES CARRIED FORWARD RESOURCES EXPENDITURES FORWARD Unreslricled funds 117,464 117,464 General funds 309,594 1266,0131 43,581 309,594 1266,0131 161,045 CEF Lyncx-, Charfty 1'.1165623 | COMnY•., 8008832 1 Reg151gr•d Untt B516, Eumllnk BuBin488 Cèntrè, 49 Ellra Rwd, Brfxion London SW2 1BZ IArnbeth Madr. C0[11nlilty JnipAci Award 2021 B¥9tCDmunityln1uVknWdl ILwthethLkngP•*dth¥fADknic•2014
20of21 ACCOUNTING POLICIES Basis of Accounting The financial slalements aTe prepared in accordance with applicable accounting stsndards using the Historical Cost Convention. The financial statements reflect the requirements of the revised Slalement of Recommended Practice "Accounting for Charities" ISORP). The Charity complied with best practs at the time of preparing these accounts. Tangible Fixed Assets All fixed assets are capilalised. The charge for depreciation is calculated lo write off the cost of the fixed assets over their useful lives on the following bases.. Equipment.. 25'A on the reducing balance Motor Vehicles: 25'k on the reducing balan GENERAL These Accounts have been prepared on the receipts and payments basis and in accordance with applicable Accounting Stsndards and the Charitable SORP Istslemenl of Recommended Practice) of accounting by Charities. Income Income is accounted for on an accruals basis, exp1 for donations, which are credited when reived. These represent gifts, donations and bank interest given lo the Chanty during the yeai Charitable Donation$ & Gifts These represent amounts given lo various individuals, organisalions and other charitable trusts. Expenditure All expenditure is accounted for on an accruals basis. Resources expended on charitsble activities comprise all the resources applied by the charity in underrating ils work to meet its charitable objectives. These costs include the direct costs of the charitable aclivities with those support costs incurred that enable these activities lo be undertaken. CEF LyrKx', Charity #..11656231 C¢mpany #.. 8D08832 1 Rwistsred UnltBY6, Eurollnk Bwlnqs5 Centro. 49 Eftra Road, erixton London SW2 IBZ ]1¢£.Er.LVY1¢ l Y•N.1*..(&I.Lvttfx IAmbe¢l) .M..Ide IAninffliiiitty IrtjpactAurd 2021 Lanbth Lwh9Raldrmti
21 of21 Expenditure on governance costs are the costs incurred by the charity lo operate and to generate the information required for public accountsbilily. Funds The charity's funds are unrestricted and are available for use at the discretion of the Board of TTUStees. Board of Trustees Remuneration and expenses No remuneration directly or indirectly out of the funds was paid or payable to any of the Trustees for their duties as trustees. Reserve Policy CEF Lyncx Reserves Policy relates to our Unreslricled Funds only, including funds held in our Bank account. Designated or restricted funds are presented separately in our Annual Accounts. To support fluctuations in the Charity's income, a reserve amounting up lo 10'/0, up lo a maximum of £70,000 of total grant received in any financial year will be held. This will be reported in each yeals account, carried forward to the successive year and be expended against the Charity's charitable activities as agreed and inslrucled. As at the end of the last financial year our Unreslricled Funds balan was nil. Investment Policy At present the Trustees have decided lo leave all surplus funds in the account with their principal bankers. CEF Lyncx., Chavity 1..11656231 Company #.. 8D08832 1 Regtslèred B5ff6, Eurclink Bu5iM5s Contre,49 Elfra Road, 8rixlon London IBZ E711.. I fel..0207 7574274 lj'kylJe..C'omJii&fTity'.- I wb..U.//rLO.klbOI | 'I4'twrth'C."El-.Lv?i(x l YnM7vbe..cEfLvvt In)beth Mde Commui)ity Inip£lct_lHfd 2021 8e5tCOnltyln1fv&Ayd8rdI ILrd>vthLlvng R8yldwts CoDfww2014