Company registration number: 08599245 Charity registration number.. 1167770 Harrow Together Ltd (A Company limited by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2024
Harrow Together Ltd Contents RLfer¢ncL and Administrative Details Trustees, Report 2to9 Independent Auditors, Report IOto12 Statement of Financial Artivities 13to14 BalanLe Skieei 15 Slatement of Cash Flows 16 Not&$ to the Financial StatemcnLs 17to27
Harrow Together Ltd Reference and Administrative Details Chairnian Andy Murphy Trustees Rachel Wright Glen Hearnden Channian Boyd Daniel Burke Sagard Pillay Julian Lloyd Andy MUhY Anna Ware Carolyn Bennett Kuiwinder Singh-Rai Rachel Wright Secretary Charity RegDstration Number 1167770 Company RegistratioD Number 0859Y245 Registered Office 64 Pinner Road Harrow HAI 4HZ Auditor ROgS Spencer Chartered Accountants Newstead House Pelham Road Nottingham NG5 EAP Page I
Harrow Together Ltd Trustees, Report The trustrfs, who arL dir¢ctors for the PuoSLs of company law. prescnt the annual report togcthcr with th financial stat¢tncikts and auditors, rLporl ot thL ¢haritable company for the year ended J l MdfLh 2024. Trustee5 and officers Thc lrnstCL% and officcrs serving during the ycar and sinc¢ thc ycar end were as follows.. TFusl¢es'. Rachel Wright Glen Hearnden Channian Boyd Daniel Burke Sagard Pillav Julian Lloyd Andy Murphy Amia Ware (appointed 18 November 2023) Carolyn Bennett Kulwinder Singh-Rai Sona Bartrflsa (rtsigned 3 l July 202J) Chdll.: Secretary: Rachel WrighÈ Structure? governanct and managemeDI Nalure ofgoverning documenl The charity is a company limited by guarantee and rcgistcred charity. It is operated under the rules of its memorandum and articles of association dated 5 July 2013 and most recently amended 17 October 2018. It ha5 no share capital and the liability of eath memkr in the event of windlng-up 15 litnited to £ l. Page 2
Harrow Together Ltd Trustees, Report ReCruItnk andllppoinlmentoftrusiees Potential Tnlstees generally fall into one of two categories: l. Connected: Individuals who have taken up key roles in the local voluntary sector that give them knowledge and experience of the issues facing HaoW residents and infiuence both within and beyond their owll organisations. Such indivithjals nY be approached directly and invited to apply for TteeshIP. 2. tndependenL' Individuals who arc not directly connected with the locaI voluntary sector but have skills and wider knowledge and experience that may support the effective fictiOning and developnent of Harrow Together. Such individuals will usually make an unsolicited application for Trusteeship. All ttew Trtte¢S are appointed by the existttig body of Trustees at Ordinary or Annual General Meetings. There is a standing invitation to apply for Trusteeship on the Harrow Together websits and OPPOTtunities are periodically publi¢ised through the Volunlary Action Harrow volunteer newsletter and conununity events. Rol¢ descriptions are available. From time-tfrtime Hatrow Togcthcr May conduct active recnjitment campaigns for new Trustees, aimed at individuals in the second category above. Potential Trustees are required to complete an application forn? or provide a personal statement that detsi15 their relevant experience, knowledge and skills. This is circulated to all Trustees. Depending on the individual's positio two Trustees may be appointed to InteIeW the applicant and rnake a recommendation on whether they should be considered for Trustethip. Applicants are usually invited to attend alld participate in a Board meeting as observers before being fornally appointe<L This provides an opporttmity for all parties to confwm that there is a good 'match'. Major riskn and MaMagemen¢ oflhose Tlsks Harrow Together has a low level of risks as it has 2n agreement with delivery parth¢Ts that funds will only be paid out once the income has been received from the funder. As HT has no staff or any premises, if all the contracts end there are minimal ongoing costs that need to be paid. HT could continue as a dortnant company Until new opportunities arise. Obj¢¢llves aDd activities Objects dnd aims The promotion of the efficiency and effectiveness and the effective use of charitable resources for charitable PUTposes of not-for-profit organisations, voluntary groups and charities operating iu the local govenllnent area of tbe London borough of Harrow and ¢lsewh¢rc (the area of benefit) by: (a) co-ordinating both existing charitable and non-charitable agen¢ie5 that have a common goal to relieve charitable needs in the area of benefiL' and (b) liaising with, and acting as a forE]m for. the exchange of infomation between agen¢ics working in a given field to relieve charitable needs An the area of benefit. Page 3
Harrow Together Ltd
Trustees, Report
Vision
Lnabling and cmpowcrin¥ local communities so that residents live healthier, sustainable and resilient lives.
Mission
Working Together to m&iimisc oppvrtunities and fundlng to grow Voluntilry & Community Sector services and
aclii'itics through innovation and collaboration.
Objeclives, straÉÉgles and aclivities
Ow u¢livibc5 fall into three main categories."
l. Through our subsidiary, HaOW Ciiving, leveraging fwiding into the local voluntary sector to be distributed as
gr[ts, usually ¢0 smaller organizations.
2. Bringing volunrarv 2nd community scots)r organizatioas togeth¢r in cunsortia to dclivLr public-s¢¢tor-fimded
services.
3. Providing Tepresentation for the voluijtary and community sector through participation ill key public-sector
forums involving the lo1 authority and NHS.
Public benefil
Harrow Giving
The promotion of community capacity building through providing small grants as well as ivrap around support
for local and grass root organisations.
Con50rtium
Promoting the efficiency and effectiveness of charities and the effective use of charitable resources through
consortia funding opportunities and oversite of ihe ¥
Harrow Together Ltd Trustees, Report In addition a small grants round was run to deliver projects and activities that support the health and wellbeing of Harrow residents. The purpose is to rethice health inequaliti4 reath communities, and integrate Healthy Harrow, Harrow's new champions and health check pro8ramm& The priority areas are" cancer, diabetes, hypertension. maternal healttL and mental h¢alth. Grants were awarded to nine orgauisation5. Harrow Health & Wellbeing Fund {funde41 by Harrow Borough Based PArtneTr3bip) Funding for projects and services supporting thc health and wellbeing of Harrow residcnts. Grants were awarded to 6 organisations. Hxrrow Warni Hubs Fund (tsDded by Harrow Borough Based Pv4rtnership) Funding for organi5ations numing warm hubs during wintcr. Grants wcre awarded to 25 organisations. Harrow Vrdeeine CoDfid¢nc¢ & Uptake Fund {funded by Harrow Council) The priority for this fimding is tsrgeted approaches for residents least likely to have been Va¢rinated and include activiti¢s whith engagc in a creative, intonnatlve andlor educational way. Healtk Inequality (2023) (funded by Harrow Borough Based Partnership) The Fund Prtorities are to Addre&s the widerlying causes of prevalent long-term conditions, with a particular focus on: diabetes, mental health, or hypertension, Othff long-terni conditions will be considered where there is strong evidence of nttd within your community and supporting carers. Consortia workin Harrow Together facilitates consortia working to stre[h¢ the volunlary and community seclor. ThTough providing opportunities for Harrow organisations to work in parthership to secure larger contracts. Harrow Together consortia provided the following services in 2023r24: Care Act IDfo & Advice {SWiSH) The purpose of this contract is to provide infomatioll and advice to Harrow reside41ts {18+). This inforniation and advice is provided in relation to the Care Act's nine well-being outcomes. Help Harrow Co-ordinated response to provide fd, infornlation & advice and mental heaIth support to residcnts during the cost of living crisis. Hospital DMcharge lieactive Discharge and Support &•errices. Social PTcseribing GPS can refer patients to Social Prescribing Link WoTk¢r to help them with their socio-economic needs. lonelsness and mentat wellbeing by connecting thcm to activities and services in the cotnmunity. Third Sector Service This sVice offers a wide variety of ways to help starL develop or improve your vol• and community urgdlli5alion. or soGial entCTprise. This is done through the provi5iou of Lapacity Building. fimdraising and voluntCCTiUg. Care Homc Support The Care Home project supports unpaid carers who have relatives in care homes to better copc with their rol¢ and also provides an int¢rface with the care home nwement to help both parties work in synergy. Page 5
Harrojv Together Ltd Trustees, Report Waiting Lists The waiting list project (CAMHS) The Breath Support Group Project will collaborate with likc-minded organisations to support parents of Childrenlyoung people on thc waiting list for thc Cbild and Adol¢scent Mental Health Servic&8 (CAMHS). Th¢ Brcath project aim.5 to support the parcnts and carers to ensure they can help thcir Lhildlyoung Fwson during this ouS time arjd can 1]d their rL'sili¢nce and that of their childrcn aTRd parent effectivcly. The waiting list project (Orthopaedics) This programme ran from J]Uary 2023 to January 2024 and supported Harrow residents on Wditing lists for orthopaedic surgery. Patients were supported to liaise with health professiona15, were signposted kn Tclcvant servic¢s and were providcd with self_management tools to ¢)ptimis¢ health and wellbcing whilst waiting for Falls Pl]ot The Falls Pilot ran from November 2022 to April 2023 during which 69 people who had a history of falls were supported through a tailored 8 week strengtb alld balance cour5¢ Eo improve confidenee and mobility, whF15t rucIng the risk of future falls. Re resentation Durtng 2023124 Harrow Togcther parlicfftpatcd in th¢ following forums lo ensu effectivL repreSentiOn of Hatrow's voluntary and community scctor.. * Harrow Borough B&sed Partnership . Harrow Comtnunity Partnership . Harrow InfraStctUrE Group Financial review Total income in 2023124 was £1.280 million" an increase of £233,385 (22.30/0) ovcr 2022123 (£1.046 million). Most of this incomc w&s restricted. Total ¢xpenditUTe in 2023124 wa5 £1.062 million: a decrease of £73.138 (6.411/0) from 2022123 (1.135 million). The year-end position on unrestricted funds was a SUTpIus of £30,973. CwTi¢d forward unrestrictcd reserves amounted to £81,284. Of which £30,000 ha5 been designated by the Trustees to fund d¢veEopment work during 2024125. The focus of this development work will be the HaOW Voluntary & Cornmunity Sector Forn (HVC"SF). Free reserves Larried forward are £51.284. Page 6
Harrow Together Ltd Trustees, Report Policy on resems It is the policy of the charity to maintsin free reserves at a level whith balances our objectives to develop and support services wtth our need to remain financially stable. Ilarrow Tog¢theT has a low level of risks as it has an agreement with delivery parthers that funds will only be paid out once the income has been received from the fimdcr. As Ftr has no staff or 8ny premise4 if all the contracts ed there are minimal ongoing costs that need to be paid. FTf rouid continue as a donnant c(xnpany until new opportuniti&s aris¢. Together (Frr) intends to rnaintain suffi¢i¢nt ttservcs proportionate to the level of opcration of the dwity. aims to maintain free reserves of around 12 months of unrestricted expenditure. This is curtlY ar(Amd £22.0(K) per year. The actual reserves arc £81,284 therefiore this target has been achieve The purpose of this reserve: - Is to ensure that the charity has enough reserves to maintsin a positivc cash flow position: -15 to covcr core running costs, overheads and liabilities. - To nieet Irrs contractual obligations in the event of a reduction or cut in income. - To saf¢guard continuing activities for a given period. - For Invesknellt and lor development pUrpc$ to grow and sustain the organisation. - To ensure HT has the cash flow available in SIationS where pa)ment from a fimder b&8 been (klayed and a partn organisation is unable to deliver with a delay in paymenL CTfgDt mYdkiRg p)Heles All grants are awarded in line with a cornprehen5ive Grant Making Policy apprtsved by tbe Trustees. The policy Tes fai[nS and transparency at all stag&8 of the proccss. At Icast oll¢ TTUSt£e is involved panel established to consider grant application4 and individuals who have a personal or other close family involvement in an organisation that has applied for a Erant rnust not be part of the pancl for discussion for that application. Princlpol rlvkv 4nd uncertalniies Harrow Together has a low level of risks as it has an weement with delivery parthers that fund5 will only bc paid out once the income has been received from the funder. As HT has staff or any premises, if all the contracts end there are minimal ongoing costs that need to be paid. HT could continue as a dormant company until new opportulliti arise. Page 7
Harrow Together Ltd Trustees, Report Plans for future periods Harrow Givin Harrow Giving will be looking * how to involve Harrow residents in setting priorities and involving more residents in grant panels. To continue to work with stratcgic partners for opportllniti to work in partnership to distribute funds for exampl4 warni hubs and development with Integrated NeighlK>rhood Teams Consortia Develo ment Seeking to extend the Care Act Inforn]ation & Advice contract and be in a position lo bid tor the contract if tendered. Scan the horizon for opportunities that would be suitable for a consortium application. r&settt2tlon Review how Harrow Together Prescts thc broader VCS sector, gather the views of the sector and fccdback the infoTtnation. Disclosure of infornlatlon to auditor Each trnstee has tak¢n steps that they ought to have taken a5 a trnstee in order to make themselves awar¢ of any r¢levant audit information and to establish that the charity's auditor is aware of that information. The trustees confim that there is no relevant infoTmation that thcy know of and of which they know th6 auditor is llnawa. Page 8
Harroiv Together Ltd Trustees, Report Statement of Responsibilities The trustees (who are also the directors of Harrow Together Ltd for the purpose8 of company law) are responsible for preparing the tDJstees' report and the fthancial statements in accordance with applicable law and United Kingdom Accounting Standards (United KAngdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland.. The report and a¢¢ounts have been prepaTed in accordance with the provisions in the Companies Act 2006 relating to small companies. Company law requires the trwstees to prepare financial statements for each fmancial year. Under company law the trustees must not approve the fin8n¢ial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources application of r¢sources, including its income and expenditure, of the charitable company for that perio(L In preparing these financial statements, the ITUStces are required to". select suitable accounting policies 2nd apply them Consistently: observe the methods and prin¢iples in the CharÈties SORP. make judgements and estimates that are reasonable and pnldent. state whether applicable accounting stsndards. comprising FRS 102 have been followed. subjeth to any material departures disclosed and explained in the financial statements. and prepare the fman¢ial statements on the going concern basis unless it is inapprnpriate to presume that the charitable company will continue in busines& The tte¢S are TesFM)nsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financiaI position of the charitable company and enable them to cnsure that the fu1claI statements comply with the Companies Act 2006. They are also resp(sIble for safeguarding the et5 of the charitable company and hence for taking reas(mble steps for the prevention and detection of fraud and other iThegularities. The trnstees are responsible for the maintawice and integrity of the corporate and fmancial infornlation included on the thatilable companls websitc. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Approved by the trustees of the charity on 10 December 2024 and signed on its behalf by.. Andy Murphy Chair and Trustee Page 9
Harrow Together Ltd Independent Auditor's Report to the Members of Harrow Together Ltd Opinlon We have audited the financial statemcftts of Harrow Together Ltd (the 'charity') for the year ended 31 March 2024 which comprise the statement of financial activities, balan¢¢ sheet and notes to the financial statements. includin&v significant accoullting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financia] Reporting StandId 102 Th¢ Financial Reporting Standard applicable in the UK and R¢public of Treland (i"Jnited Kingdom Generally Accepted Accounting Practice). In our opinion the fJnan¢ial statements: give a true and fair vi¢w of the slate of the Gharitable company's affairs as at 31 March 2024, and of its incomittg resources and applicatton of resources, including its income and expenditure. for the year then end¢d- • have beerA properly prepared in accordance with United Kingdorn G¢nerally Accepted ArUnting Practic¢. . have been prepared in accordance with the r¢quirements of the Charities Act 2011. Basis for opfinion We conducted our audit in accordance with International Standards on Auditing (UK) OSAS (UK)) and applicable law. Our responsibilities wid¢r those standards are ftllther d¢s¢ribed in the auditor responsibilities for the audit of th¢ financial statanents section of our report. We are independent of the charitable wmpany in accordance with the ethical requÈrements that are relevant to our audit of the financial statements in the UK. including the FRC'S Ethtcal Standart and we have fijlfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit cvidence we have obtained is suifi¢ient and appropriate to PTovid¢ a basis for our opinion. conel$10s relating to going concern In auditing the financial statements, we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the fjnancial ststements is appropriate. Based on the work we have perfornied, we have not identified any material uncertainties relating to events (Ir Conditions tha¢ individually or collectively, may cast significant doubt on the ¢har&table CoMpanS ability to iontinue as a going concetn for a period of at least twelve months from when the financial statcments are authorised for issue. Oiir responsibilities aiid the responsibilities of the tnleeS with respect to golng concern are des¢ribed in the relevant sections of this report. ther information The other inforniation comprises the infornlation included in the trustees, annual reporL other than the financial statements and our auditor's report thereon. The trustees are responsible for the other infornirfition. Our opinlon on the financial statements does not cover the othw inforn]ation and we do not express any forni of assurance conclusion thereon. Our responsibility is to read the other infoTmalion and, in doing so. ci)nsider whether the other infoTmation is rnat¢r&ally inconsistent with th¢ financial statements or our knowledge obtained in the Course of the audit or otherwis¢ appears to be materially misslated. If we identify such material inconsistencies or appent material misstatement4 we are requir to detemline whether this gives rise to a material misststwnent in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material mi&8tatement of this other infonnation, W¥ are required to report that facL We have nothing w report in this regard. PAge 10
Harrow Together Ltd Independent Auditor's Report to the Members of Harrow Together Ltd Matters on which we are required to report by uceplion We havc nothing to report in resp¢ct of the following matters in relation to which th¢ Charities (Accounts and RepoTts) Regulations 2008 require us to report to you 1£ in our opiniou: the infonnation given tn the trustexs, report is inconsistent in any malerial respect with the fiThaDciaE statem¢nls' or sufficicnt accounting records have not been k¢pt' or . the fmancial statements are not in agreement with the a¢counting records. or • we have not received all the inf(mation and explanations we require for our audtt. Responsibilities of trustees As explained more filY in the trustCC5' responsibilities, the trSteeS are resp(w)sible for the preparation of the financial &atements and for being satisfied that they give a true 2nd fair vicw, and for suth internal control as the trustees deternline is ne¢e&8ary to enable the prepardtion of financial statements that are free from material misst*ement, whether due to fraud or error. In prcparlng the financial statements, the trustees are responsible for &sse&sing the tharitable company's ability to continue as a going concern. disclosing, as appli¢able, matters related to going ¢x)nc¢rn and using the going concern basis of accounting unless the trustees either intend to liquidate the tharitable company or to cease operations, or have no realistic altemative but to do so. Audltor responslbilitA¢s for the audlt of the financial Statements We have been appointed &s auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations rnade or having effect thereunder. Our objcclives are to obtain reasonable &8surance about whether the financial ststements as a whole are free from Djatsrial misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of asswanc4 but is not a guarantee that an audit conducted in accordance with ISAS (UK) WAII always detect a material misslatemenÈ when it exists. Misstatcments can arise from fraud or ¢rror and are considered material if, individually or in the aggate, they Gould reasonably b¢ expected to infiuence the economic decisions of users taken on the basis of these fllwjcial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed belovr. . Ensuring that the Audit Team has the appmpriate comwence and capabilities to identify or recognise non compliance with laws and regulations, with specific SLwtible areas (e.g. expense authorisation) having been outlin¢d at the planning sts8¢. . Enquiry of manag¢mcnt and those charges with governance around acal and potential litigation and claims and fraudulent transtiOnS. . Reviewing minutes of meetitw of those charged with governance. . Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations. . Auditing the risk of management override of ¢ontro15, including through testing journal a]tries and other adjStments for appropriatene&8. Becau5c of the inherent limilations of an audi¢ there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial ststements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the fmancial statements, as we will be less 1ClY to become aware of instances of non-compliance. Th¢ risk is also greater regarding iryularities occutring due to fraud rather than etror. as fraud involves intentional ¢on¢ealm¢n¢ forgery. Collusio omission or misrepresentation. A further d&s¢ription of our responsibilities is available on the FRC'S website at: http5:Ilwww.frc.OTg.uklauditorSlaudit-&ssurCIalldit0r-S-respOn$AbIIIties- for-the-audlt-of-the-fddescription-of-the-audito/2o/o/O99s-sponSibIlit1eS-f0r. This description fornis part of our auditor's report. Pagell
Harroiv Together Ltd Independent Auditor's Report to the Member5 of Harrow Together Ltd Other Matters Your attention is dra to the fath ihat the charity has prepar¢d financial staterncnts in accordance with "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charkties preparing their a¢counts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of ITelaRd (FRS 102)" (as amended) in preferentts to the Accuunting and Reporting by Charities.. Stalement of Recommended Practice issued on l April 2005 is referred to in the tant regulations but has now been withdrawn. This has been done in order for the fJnancial statements to provide a tsue and fair view in accordance with cwrent Generally Abcepted Accounting practise. Use of our report This report is made solely to the charitable company's trnstees, as a body, in accordance Part 4 of the Charities (Accounts and Rerts) Regulations 2008. Our audit work hay been undertaken so that we might slat¢ to the charitsble company's tn]stees those matters we arc required to state to them in an auditor's report and for no other purpose. To the lIest extent pemitted by law, we do not accept or assume responsibility to anyone other than the charitable com y and the charitable company's tnjstees as a body, for our audit worK for this reporL or tor the opinions. hdve fonned. Melvin Bailey FCC Rogetyspencer A (Senior statutory auditor) Ii/Jzlz4 Cliartered Accountanrs News¢ead House Ststutory Auditor Pelham Road Nottingh£un NG5 IAP Rogers Spencer is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as duditor of a Lompany undcr s¢¢tion 1212 of the Companies Act 2006. Page 12
Harrow Together Ltd Statement of Financial Aetivities for the Year Ended 31 March 2024 (Including Income and Expenditure Account and Statement of Total Recognised Galns and Losses) Unrestricted Restricted funds Total 2024 Total 2023 Note Income and EDdowm¢nt$ frnm: Donations and legacies Charitable activities Inv¢stmcnt income 10,203 1,269,549 10203 1,269.549 60 16,981 1,029,447 60 Total incomc 60 1,279,752 1279,812 1,046,428 Expenditure on". Charitable activitiss (21,883) (1,039,906) (1,061,789) (1,134,927) Totsl cxpenditure (21,883) (1.039.906) (1.061,789} (1.134,927) Net {expenditureyincome Transfers between funds {21,K23) 52,796 239,846 52.796 218.023 (88.499) N¢t mov¢ml in fimds 30,97i 187.050 218.023 (88,499) R¢¢on¢iliation of funds Total funds brought forward 50,311 154,889 205200 293,699 Total fimds carried fonward 12 81,284 341,939 423,223 205,200 All of th¢ charitys activities derive from continuing operations during the above two periods. The funds breakdowi for the period is shown in note 12. The notes on pages 17 to 27 forni an integral part of th¢s¢ financial statements. Page 13
Harrow Together Ltd Statement of Financial Activities for the Year Ended 31 March 2024 (tncluding Income and Expenditure Account and Statement of Total Recognised Gains and Losses) These arc the figures for the previous accounting period &nd are included for comparative purposes LTnrestricted Restrieted Total funds 2023 Note Income Ydnd EndoTrvrnents from: Donations and l¢gacies Charitable activities 9.348 217,600 7,633 811,847 16.()81 1.029.447 Total Ancome 226,948 819,480 1,046,4?8 Expendlture on: Cljaritable activities (244,820 (890,107) ( 1.134,927) Total expenditure (244.820) (890,107 {1.134.927) Nct expenditure Transfers betwccn funds (17.872) (1.941) (70.627) 1.941 {88,499) Net movcmcnt in funds (19,813) (68.686) (88,499) Reconciliation of funds Total funds brought tonvard 70.124 223.-f75 293.699 Total fimds carried forward 12 50.311 154,889 205,200 The notcs on pages 17 to 27 forni an integral part of these financiiil statemenls. Page l4
Harrow Together Ltd Olegistration number: 08599245) Balance Sheet as at 31 March 2024 2024 2023 Note Current assets tkbtors Cash at bank and in hand 86,000 400,504 100.000 306,903 486,504 406.903 Creditors: Amounts fAlling due within one yeAr io (63,281) 423223 (201,703) 205,200 Net assets Funds of the thrdrity: Restricted ineome fuDds Restricted fimds 12 341,939 154,889 Unresttlcted income funds Unrestricted funds 81284 50,311 Total fuDds 12 423,223 205,200 For th¢ fAnan¢ial year ending 31 Mhrch 2024 the charity was entitled to ex¢rnption from audit under section 477 of the Companies Act 2006 relating to small companies but as this is a ch&ity. it xs subject to audit under the Charities Act 2011. Directors, responsibilities: The members have not required the charity to obtain an audit of its accounts for the year in question in accordance with section 476. and The directors acknowledge their responsibilities for complying with the requirements of the Act with reSpt to a¢¢ounting re¢ords and the preparalion of accounts. These financial statements have been prepared in a¢cordan¢e with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2(K)6. The fAnanci21 ststements on pages 13 to 27 were approved by the tnttes, and authoriscd for issue on 10 Decernber 2024 and signed on thcii behalf by: Andy Murphy Chatr and trustee 10th December 2024 The notes on pages 17 to 27 forni an integral part of these financial statements. Pagc 15
Harrow Together Ltd Stydtement of Cash Flows for the Year Ended 31 March 2024 2024 2023 Note Cask flows from opeTAting activlties Net in¢ornd(¢xpenditure) 218,023 (88,499) Adjustments to cash flows from non-cash iten Investment income 60) 217,96) {88,499) Worklng eapltal adjustmeDts Decreasel(increase) in debtors (Decre&se)lincrea5e in creditors (Decrweyincrease in deferred income 14,000 (48,422) 90,000 (ioo,000) 111,703 90,0(K) 10 io Net Cath flows from operating activities 93,541 13.204 Ch flows from investlng Acthdtles Interest receivable and similar income Net in¢rehse in cash and cash equivalents 93.601 C'ash and cash equivalents at l April Cash and cash equivalents at 31 March 306,903 293,699 400,504 J06.903 Re¢oneiliation of Det casb flow to movement in net funds Increase in cash 93.60 13,204 Net fjmds at l April 2023 306,903 293,699 Net funds at J l March 2024 400.504 306,903 All of the cash flows are d¢rived from continuing opffations durin¥ th¢ above two periods. Th¢ notes on pagcs 17 to 27 fonn an integrdl part of these financial slaLLYnent5. Page 16
Harrow Together Ltd Notes to the Finaneial Statements for the Year Ended 31 March 2024 l Accounting politie8 Summary of 8lgnifi¢ant A¢¢ounifing poliefies and key accounting estimates The prlncipal accounttng policies applied in the pr¢paration of these financial slatements are set out below. These policies have beett consistently applied to all the years prted, unless otherwlse stated. Statemcnl of compliance Thc f]nattcial statements have beth prepared in accordance with Accounting and Reporting by Charlties." Staternent of Recommended Practice (applicable to charities preparing their ac£ounts in accordallce with the Financial Reporting Standard applicable in the UK and Ilcpublic of Ireland (TrRS 102)) (ISSU in October 2019) - (CR]arities SORP (FRS 102)). thc Fitwiciat Rcporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Art 2006. Basi5 of preparation Harrow Together Ltd meets th¢ definition of a public benefit entity under FRS 102. kn¢ts and liabilities are initially reColS¢d at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. Going CODcerD The finatsciai stateMets have been pteparcd on a going concern b&sis. The trustees assess whether the use of going concern is appropr&ate i.e. whether there are any material uncertainties related to ev¢nts or conditions that may Gast significani doubt on th¢ ability of the charity to Continue as a going Concern. The trust¢es make this assessment in respect of a period of one year from the date of approval of the financial statements. Ineome and endowments Voluntary income including donations, gifts, legacies and grants that provide core fuT]ding or are of a general nature is reGognised when the charity has tItlement to thr illLOIllC, il is probable thal the income will be received and the amount Can be mwured with sufficient rcliability. Don41troK¥ and legacies Donations are rccoglliscd whcn the charity has bccn notificd in vThiting of both the amount settlement date. In the event that a donation is subject to conditions that require a level of perfOrnIan by the charity beforc the harity is entitl to the fuDds, the income is deferred and not recognised until either those conditions arc fully meL or the fulfilment of those conditions is wholly within the Control of the charity and it is probable that these conditions will be fr]lled in the reporting peri1. Deferredincon Deferred income represents arnowlts [e1Ved for future periods and is reled to incomitig resources in th¢ period for which, it has be received. Such income is onty deferred wh - The donor specifies that the grant or donation must onty be used in future accounting periods. or - The donor has imFosed ndItiOnS which must be tn& before the tharity ha5 unconditional entitlement. Page 17
Harrow Together Ltd Notes to the FinanclAI Statements for the Year Ended 31 March 2024 Inveslment income Dividends arc recognis¢d once the dividend h&s been declared and notifiLation has been received of the dividend due. Expendilure All expenditure is recognised once there is a legal or constructive obligation to that exndIt it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expeDditllFc headin that aggregatc similar costs to thai category. Where costs caDnOt bc directly attributcd io particular headings they have been alloLat¥d on a basis consistent with thc use of re50urccs. with central staff costs allocated on the basis of lime spen( and depreciation charges allocatcd on the portÉon of the asset's use. Othcr 5UPPOrt costs ar¢ allocated b&%ed on the spread of 5taft costs. Clwrilable acllvilies Charitable expenditure cornprises those costs incued by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can bc allocated directly to such activities and those costs of an indirect nature nec¢bsary to support them. Governance costs These include the ¢osts attiibutable to th¢ charity's ¢omplianLe with constitutional and statutory requirements. including audiL strategic management and trustees meetings and reimlxu7ed expenses. Taxwtion The charity is considpxed to pass the tests set out in Paragraph I Schedule 6 of the Finanet Aet 2010 and therefore it meets the definition of a charffitsble company foT UK corporation tsx purposes. Accordingty, the ¢harity is polentially exempt from t&xation in respect of ineome or capital gains received within categories covered by Chapter 3 Part i i of the CorFx)ration Tax Act 2010 or Section 256 of the Tayation of Chargcable Gains Act 1992. to thc extent that such income or gains are.?pplied exclusively to charitablc wrposes. Trade debtors Trade debtors are amounts due from customers for merchandise sold or services perfoTmed in the ordinary course of businc&s. Trade debtors are rOgnised initially at the transaction price. They are subsequently meLsured at amortised cost using th¢ effective intercst rneth0 less provision for impairment. A provi%ion for the impairrnent of trade dcbLors is Cstablished when there is objective cvid¢n¢e that the tharity will not be able to Lollect all amounts due according to th¢ original tenns of thc r¢¢eivables. Cash ¢a$h equivydlents Cash and c&sh equivalents MpriSe cash on hand and call deposits. other short-tcrni highty liquid investhients that are readily convertible to a known amount of cash and are Subject to an insignificant risk of change in value. Page 18
Harrow Together Ltd Not&s to the Financial Statements for the Year EDded 31 March 2024 Trade creditors Trade creditors are d)ligations to pay for goods or scrvic£s that have acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabililies if the charity does not have an uuconditional righL at the end of Ihe reporting perio to defer s¢ttl¢m¢nt of the cr¢ditor lor at least twelve month5 aft¢r the reporting date. If there is an uncouditionai right to defer settlema)t for at least twelve months after the reporting dat4 they are presented as non-CWTent liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method. Fund strncture Unrestricted income funds are genttal fimds tbat are availabl¢ for use at the trustees, discrction in furtherance of the objecttves of the charAty. DrsigiTraicd lull(Ls arc unrcstrictcd funds sct &side for srKcific purposes at the discrction ofthe trustees. Restricted income fimds are those grants for use in a particular area or for SFwific putseS, the use of vthich is restricted to that area or purpose. 2 Income from donitions Y4nd legacl&8 Resrtricted funds Total 2024 Total 2023 Donations and legacies. Donations from individuals 10.203 10,203 16,981 10,203 10,203 16.981 3 Income from ehAritAble aetlvfitles Restricted funds Total 2024 Total 2023 Grants 1,269,549 1269,549 1.029.447 1.269,549 1269,549 1,029,447 Page 19
Harrow Together Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 4 Grants & doDation$ UnrestrlLted fund$ Rtricted funds Total Donations Bridge Renewal Trust London Borough of Harro, Londoji Sport NH.% Nortb West London ICB 10,203 36,IKIO 1.139.299 250 94,000 10.203 i6,000 1,139,299 250 94,000 1,279,752 1,279.752 S Investment income Unrestrlcted funds GeherAI Totsl 2024 Interest receivable and similar income. Interest reocivable on bank dep05lts 60 60 60 60 6 Eipenditsre on charitable activities Totsl ¢xpeDditure Unrestricted Designat¢d funds LTnre5tricted General fund5 Tot 2024 Tot 2023 Restricted lunds Accountancy Advertisingl Protnotional AGM Away days Bank charges Clinical services Co-ordination and rcpresentation scrviue .¥ VCS Forum Dues and sulx8cription5 Fundraising service (Capable Comrnunitie5) Grant management Grant payments InsurancLs 12,918 17,918 1.9i9 12 12 (6) 38 3,186 133 305 129 305 129 13,632 5,460 63 i.460 225 10.062 233 162 {3.197) 25,332 973,656 25.332 973,646 2,793 (10) 2,793 1,093,36 2,960 Page 20
Harrow Together Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 Unrestricted DwigDated funds Unrutricled General funds Total 2024 Totwl Restricted ndS Legal Prizes for Hatrow wins Refreshments Room hire S P Management Post Shared trainin promotion. transport and other Sundry ¢xp¢nses 5,486 1.000 1,000 213 213 15 1,790 3,626 26,124 26.124 5,000 300 21.883 1,039,906 1.061,789 1.134.927 tn addition to the expenditure analysed abov4 thue are a150 governance costs of £9,350 (2023 - £10,850) whith relate directly to ¢haritsble activities. Se¢ notc 7 for further detail5. 7 Anatysls of governance and support costs Governsinee costs During the puio(L the fees payable (excluding VAD to the charity's auditor, Azet Audit Servicts was 8$ follows: Unrestricted fund$ Gener*1 Total 2024 Totsl 2023 Audit fees Audit of the financial ststonrts Other governance costs 7.500 1,850 7,500 1,850 7,200 3.650 9,350 9.350 10,850 Support costs have not been sepuatety allocated and disclosed as the Tste¢S believe they are immaterial to the fmancial statements. 8 Debtor5 2024 2023 Trade debtors 86,000 loo,000 86,000 i 00,000 Page 21
Harroiv Together Ltd Notes to the Financial StAtements for the Year Ended 31 March 2024 9 Cash and c&sh equivAlents 2024 2023 c.ash at bank 400.504 306.903 10 Creditors: amollnts falling due within ODe year 2024 2023 Trade creditors Accruals Deferred income 36,290 26.991 73,997 37.706 90,000 63281 201,703 I l Tax*tlon Thc rharity is a registerd diarity arid is therore ¢xempt from tdxation. Page 22
Harrow Together Ltd Notes to the Financial Ststements for the Year Ended 31 March 2024 12 Funds Balance at 31 March 2024 Balance at I April 2023 Incomlng resources Re8our¢es expended Transfers Unrestrleted Generdl General 31,819 (21.883) 41,288 51.284 Designated Busitiess developrnent Care act inf0mtIOn and dvtce 3rd Sector SeTVi 5.306 24.694 30,000 (5) (13.181) 13.181 18,492 11,508 30,000 Total unrestrxcted funds 50.311 60 (21.883) 52.796 81284 Restrlcted fund5 Social Pres¢ribing Harrow Giving Help Harrow Harrow health & weltbeing Health itiequalitics Hospital discharge HrOW wann hubs flmd Varcine hesitancy Care home support Community Champions COrnerSte Falls pilot Waiting list support Health inequaltties 2023 Care act infornlation and advtce 3rd Sector Services 30,916 10,176 76,134 5,010 15,788 (ii.wo) (i) 8,866 19,(KJO 27,500 10,452 297,000 (26,124) (1.162) (239,340) (5,010) (32292) 19,466 118,944 (14.850) 15,788 25,(K)O 190,000 (21,850) {160,161) (4,900) (19,000) (196,250) 7,850 29,838 3,966 300.000 36.000 69.000 80,000 60.000 (2,500} 101250 36.000 (65550) (68.500) (60.000) (3.450) (11.500) 124.800 60,000 (118,559) (5),500 (6235) 10.181 16.681 Total restricted tunds 154,889 1.279,752 (1.039.906) (52,796) 341,939 Total fund5 205,200 1,279,812 (1.061.789 423.223 Page 23
Harrow Together Ltd Notes to the Financial Statements for the YeAr F.nded 31 March 2024 The specific purposes for which the ndS are to be applied are as follows: Social Prescribing - To help patients with their SOCiOwe¢onomic needs, loneliness and mental wellbeing by connecting them to activities and services in the community. Harrow Giving- (Various donors) The aim of this fund is to raise funds for distribution to local good causes. Flelp Harrow - To provide a cfrordinated response lo provide foo(L information & advice and mentsl health support to residents during the cost ot"living cris1S. Harrow health & wellbeAng - To support the health and wellbeing of Harrow residents. Health inequalities - To addr the underlving causes of prcval¢nt long-t¢mi condition5. Hospital discharge- To Provide a reactivc Di5Gharge and Support S¢rvices. Harrow wami hu fimd - To provide warni hubs during winter. Vaccine hesitancy - To increase valatIon rates for residents le&8t likely to have been vaccinated. Care home support - To supports unpaid carers who have relatives in care homes to better cope with their role and provide an interface with the care home marAagement to help both parties work in syn¢rgy. Community Champions - An outrcach programme to reduce health inequalities in Diabetes & Hypertension. Matemal Health. Mentsl Health. Cornerstone - The aims of Cornerstone is lo use partiLllpatory approaches to facilitate two-way learning and skill development bctwccn funding bodics and individuals from communitlcs who are finding it difficult to access funding. Falls pilot- Support for rcsident who had a history of falls through & tailor¢d 8 wcd( strength and iM12nce course to improvc Lonfidence and mobility. whklst Teducfftg the risk of futurc falls. Waiting List 5UPPOrt- Support thc parents and carers to ensure they can help their childlyoung person whilst on the waiting list for Child and Adolescent Mental Health Services (CAMHS). Support Harrow residents on waiting lists for orthopedic surgery. Care act inforniation and advice To provide information and advice to HarTOW residents (18+). This infonnation and advice is provided in relation to the Care Act's nine well-being outcomes. 3rd Sector Scrvices enterprises. To help start. develop or improvL voluntary and community OTgani5ations. or social Page 24
Harrow Together Ltd Notes to the FInCIal Statements for the Y&qr Ended 31 March 2024 Balance at 31 March 2023 Balance at i April 2022 Incoming resources Resources eended TrAnsfers UDrestri¢led funds Genernl General Harrow Giving 31.042 (36.560) 37.337 (9,348) 27.989 31,819 9,348 31,042 9.348 (36560) 31,819 Bu5inc&s dcvclopmcnt Care act infonnation and advice 30.000 (24,694) 5,306 157.600 60.000 (156.860) (51,400) (735) (4.501) 3rd Sector Service5 9.082 13.181 39.082 217,600 (208,260) (29,930) 18.492 Total unrestricted funds 70,124 226.948 (244.820) (1,941) 50,311 R¢5tricted Social Prescribing Harrow Giving Help Harrow Harrow health & wellbeing Health inequalities Hospitsl dis¢barg¢ Harrow warm hubs fi]nd Vaccine hitsnCY Care home support Covid-19 Awareness Fund 85,271 4,125 276,778 80,000 (19.770) (20,415) (283.151) (145.517) (2,752) (230,599) (99,857) (17.114) (21,000) {34.585) 18.517 (1,560) (9,625) 30,916 10,176 76,134 5,010 15,788 (11,000) (i) 8,866 19.0 7,949 84,067 80,152 18,540 28,919 154,444 102,999 26,000 40,IX)O 36236 (3,143) (20) (CAF) 3,879 (3,879) Edward Harvest Trust The AfEhan Refugee Appeal Ukraine refugees 32.905 200 16.758 {32.905) (269} (16.758) 69 Total roqtrleted 223.575 819.480 (890.107) 1,941 154.889 Total funds 293.699 1.046.428 (1.134.927) 205.200 2024: The transfer frorn the restricted funds to the General fimd reficcts the release of any TCStrictions on the use of the fimds. Th¢ transfer from the General fimd to thc restricted ftmds is to covpJ the exF¢nditure on this activity. The transfer from th¢ restricted fund to the designated fund is to develop the Harrow Voluntary & COMMlty Sector Forum (FtVCSF). Page 25
Hydrrow Together Ltd Notes to the Vinancial Statements for the Year Ended 31 March 2024 13 An4tysts of net assets betw¢¢n funds Unrestricted 2024 Totsl funds General Deslgnated Restrieted CuTrenÉ assets lrrent liabiliti¢S 114,565 63.281) 30.000 341,939 486,504 (63.281) Total net assets 51,284 30,000 )41,939 423,223 iiDrestricted 2023 Total funds Cjeneral Designated Restricted Current a&sets Q urrent liabilitie5 233,522 (201.703) 18,492 154.889 406.903 (201,703 Totsl net assets 31,819 18,492 154.889 205.200 14 Charlty sta& The charity is a company limited by guarantee and consequently does not havL share Capitsl. EaL.h of the trustees is liable to eotttr1bte an amount not exceeding £1 toward5 the a55Cts ol" the charity in the event of liquidation. 15 Auditor's remuneTatiDn 2024 2023 Audit 7.500 7,200 7,500 7,200 16 Trust¢o$ remuneration expenses No trustees, nor any persons ¢onnected with them, have received any remuneration fréim the charity during the year. Page 26
Harrow Together Ltd Notes to the Financial Ststements for the Year Ended 31 March 2024 17 Related party trans#clioDs I)uring the year the charity made the following related paty transactions: Harrow Carers Charniian Boyd is the CEO of Harrow Carers. Harmw Carers receiv Panents of £84,815 during the period (2023.. £45,060). At the balance sheet date the amount duc tolfrom Ha)W Carers was £Nil (2023 - £Nil). Young Harroiv Foundation Daniel Butq(e is the CEO of thc Young Harrow Foundation Th¢ Young HarTOW Foundation received paym0 of £472(K) (2023.. £25.350) during the pcriod.. At thc balance sheet date the amount due tolfrom Young Harrow Foundation was £Nil (2023 - £Nil). Age UK HIllingdo & Brent (The Age England Association) Jvjian Lloyd is the CEO of Age UK Hillingdon. Harrow & Brent CThe Age England Association) Age UK HHB T¢c¢ived paytncnts of £198,365 (2023: £272,301) during the period.. At the balance shcct date the amount due to/from to Age UK HIllingdo Harrow & Brent (The Age England Association) was £Nil (2023 - £23.900). Community Connex Ltd. (fomerty Harroiw Mencap) Segard Pillay is CEO of Community Connex Ltd. (forn]erty Harrow Mencap) Community Connex r¢¢eived payments of £20,715 (2023: £36,292) during the period. At thc balance sheet date the amount due tolfrom to Community Connex Ltd. (fonnerly Harrow Mencap) was £Nil (2023 - £14,400). Voluntary Action Harrow C.I.C. Rachel Wright is the Operations Director of Voluntary Alon Ha0 C.l.C. Voluntary Action Haffow C.I.C. receivcd £84,490 (2023: £63,681) dwing the riod.. At the balance sheet date the arnouDt due to Voluntary Action HaThow C.l.C. was £3.546 (2023 - £40). Mlnd In Harn Sona Barbosa (Tesigned 3110712023) is a managcr at Mind in Harrow. Mind in Harrow received £66.101 (2023: £46.379) during the period.. At the balancc shcet date the amount dll¢ tolfrom Mind in Harrow was £Nil (2023 - £Nil). Zig7Ag Housing Ltd. and Harrow Voluntary & Communlty Sector Fornm Glen H¢amden is the director of Zigzag Housing Ltd. and the Chair olHaErow Volunlary & Community Sector Zigzag Housing Ltsi received paynIts of £Nil (2023: £221,329) during the period. Harrow Voluntary & Community Sector Fonlln received payments of £Nil (2023: £ Nil). At the balance sheet date the amount due to Zigzag Housing Ltd. and Harrow Voluntary & Community Sector Fonrn was £1,472 (2023 - £19.472). Page 27