## **Walker Children’s Club** 

## **Annual Report and Accounts** 

1 September 2022 - 31 August 2023 


**----- Start of picture text -----**<br>
St Shee<br>**----- End of picture text -----**<br>


WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **Reference and administration details** 

**Charity name:** Walker Children’s Club **Other names charity is know by:** WCC, Walker After School Club **Registered charity number:** 1169260 **Charity’s principal address:** Walker Hall, Waterfall Road, London N14 7EG **Trustees:** Lema Abujuma Kizzy Augustin Melanie Baker Simona Tocco **Senior Staff:** Mary Tsenti - Club Co-ordinator **Bank** : HSBC 1 Aldermans Hill Palmers Green London N13 4YE 

## **Structure, governance and management** 

Walker Children’s Club (WCC) is a Charitable Incorporated Organisation governed by a constitution that was signed on 5 May 2016. The only voting members of WCC are the trustees. 

WCC was registered with the Charity Commission on 19 September 2016 and had previously been operating as an unincorporated organisation. 

Trustees hold meetings around six times a year, or roughly one every half term. These meetings are also attended by the club co-ordinator. At the meetings trustees review current activity, monitor income and expenditure and agree broad strategy and activity areas. Trustees agree fees, pay reviews and major items of expenditure.  They provide guidance on HR and other management issues as requested by the Club Coordinator. Minutes of the meeting are recorded and circulated among the trustees and senior staff members after meetings. Periodically, the club advertises for new Trustees, in the first instance usually among parent users of the club. 

As set out in the constitution, apart from the first charity trustees, every trustee must be appointed for a term of 3 years by resolution at a properly convened meeting of the charity trustees. 

All trustees give their time voluntarily and receive no renumeration or other benefits from WCC. 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **Additional governance issues** 

WCC is registered with Ofsted and there are robust safeguarding procedures in place. All staff and trustees are registered with the Disclosure and Barring Service in line with statutory requirements. 

WCC maintains close links with the schools in which it operates, working with senior leaders to increase awareness of the club with parents and to improve its relevance and accessibility to the community. 

WCC maintains links with the Early Years Service at Enfield Council to receive support and advice. 

WCC is recognised as an inclusive setting and invited to become a member of Enfield’s Inclusion Charter as we continue to support families of children who have additional needs. 

Walker Children’s Club had an Ofsted Inspection in November 2019 in Southgate and a registration Inspection In October 2023 At Honilands School Enfield. We passed our inspection and received very positive comments. 

## **Objectives and Activities** 

## **Summary of charitable objects** 

The charitable objects of WCC as set out in the constitution are: 

To advance the education of children through the provision of educational play and recreational activities. Especially to support the development of their social, emotional, physical and creative capabilities so that they will grow to full maturity as individual members of society. 

To support parents and carers of children, who are in work or education by providing high quality, affordable education and childcare out of school hours. To support the inclusion  of SEND (special educational needs /disabilities) children with,  by providing support in an inclusive setting at low or no cost to their families. 

## **Summary of the main activities undertaken for the public benefit** 

WCC was founded in 2003 by parents of children from Walker Primary School to address the need for reliable, affordable high quality childcare in the local area to allow parents to work or continue in education. The main focus of our activities continues to be to meet these needs for parents of children from a number of schools and our oversubscription criteria give preference to children with parents in full time work or education. We continue to keep our fees low. 

In planning our activities, we follow the guidelines in Early Years Foundation Stage with special emphasis on their personal social, emotional,physical, communication and language development. 

We know our children individually and support several children who have additional needs for various reasons such as difficult home environment or identified Special Educational Needs (SEN). We continue to 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



seek grant funding to provide subsidised places for children from families in need and in 2020-21 won grant funding for the provision of a sensory room for children with SEN. 

We provide volunteering opportunities for teenagers, often linked to the Duke of Edinburgh scheme, and have been pleased to welcome back several of our ‘old children’ as volunteer helpers in the club. 

## **Achievements and Performance, 2022-2023** 

The after school club opened every day of the school term. We operated an after school club at Prince of Wales Primary in Enfiled while winding down the after school club at the Southgate site. Towards the end of the year, we began set up for an afterschool club at Honilands school. We ran several holiday clubs and also operated additional sensory sessions. The number of children who attended – across all sites – between September 2022 and August 2023 totalled approximately 200. Bookings fluctuated, partly reflecting patterns of home-working. Attendance at the Price of Wales site continued to build as the school year progressed. 

The children that attended the after school club were mainly from Prince of Wales Primary.  Children attending the holiday clubs came from a broader range of schools. 

WCC relied on fees as the main sustainable source of income. However, the club also won further grant funding over 2022-23. 

The activities organised at the club varied throughout the year and included: science, cooking, arts and crafts, sports, gardening and planting, enrichment and diversity activities. Grant funding enabled us to provide a term of tennis coaching 

In 2023 WCC was selected to run holiday clubs for children, funded by Enfield and the Governments Holiday Activity Food Programme (HAF). The Summer holiday Club was very over subscribed and very successful. We supported around 12 children with additional needs . 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **Financial Review** 

## **Reserves** 

It is an objective of WCC to maintain a prudent cash level equivalent to a maximum month’s after school club fee income, 2-3 months average salary payments and 3-6 month’s rent. In 2022-23, this was equivalent to a range of approximately £15,822 and £25,650. Over the year, the club, on average, operated with a monthly cash level below this range. 

Cash in hand and at bank was £16,028 at 31 August 2023. 

The charity also aims to maintain free reserves at a level which equates to a minimum of two and half months of unrestricted expenditure. The trustees consider that this level will be sufficient to cover operational and governance costs. The total funds of the charity were £3,344 at 31 August 2023. This covers 0 months of operational activity. 

## **Details of any funds materially in deficit** 

None. 

## **Declaration** 

The trustees declare that they have approved the trustees report above. 

Signature: Full name: Melanie Baker Position: Trustee 

30th June 2024 Date: 

Kizzy Augustin 

Trustee 

30th June 2024 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **Walker Children’s Club** 

Financial Review 

1 September 2022 to 31 August 2023 

Charity registration Number 1169260 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN’S CLUB** 

## **Financial Statements** 

## **31 August 2023** 

## **Contents** 

Independent Examiner’s Report – Page 8 

Statement of Financial Activities – Page 9 

Balance Sheet – Page 10 

Notes forming part of the financial statements – Page 11 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Independent Examiner's report** 

I report to the trustees on my examination of the accounts of Walker Children's Club (Charity registration number 1169260) for the period from 1[st] September 2022 to 31[st] August 2023 

## **Responsibilities and basis of report** 

As the charity's trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under section 145 of the Charities Act 2011 and in carrying out my examination I have followed the applicable Directions given by the Chairty Commission under section 145(5) (b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

Name: Grupreet Kaur Sharma 

Address: 34 Pinn Way Ruislip HA4 7QF 

Date: 26[th] June 2024 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Statement of Financial Activities For the period 1 September 2022 to 31 August 2023** 

|||**Total 2023**|Total 2022|
|---|---|---|---|
|||01/09/22-|01/09/21-|
|||31/08/23|31/08/22|
||Notes|**12 months**|**12 months**|
|||**£**|**£**|
|**Income**||||
|Charitable activities||88,872|65,173|
|Other Income||2,167|5|
|Donations received||15,264|0|
|**Total income**||**106,303**|**65,178**|
|**Expenditure**||||
|Charitable activities||109,902|71,087|
|**Total expenditure**||**109,902**|**71,087**|
|**Net income**||**-3,599**|**-5,909**|
|Net movement in funds||-3,599|-5,909|
|**Reconciliation of funds:**||||
|Total funds brought forward||6,943|12,852|
|**Total funds at 31 August**||**3,344**|6,943|



WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Balance Sheet** 

## **As at 31 August 2022 and 31 August 2023** 

|||**31 Aug 2023**|**31 Aug 2022**|
|---|---|---|---|
||Notes|**£**|**£**|
|**Fixed Assets**||||
|Tangible fixed assets|(4)|0|0|
|Total Fixed Assets||0|0|
|**Current assets**||||
|Debtors and prepayments|(5)|1,153|470|
|Cash at bank and in hand||16,028|20,845|
|Total current assets||17,181|21,315|
|**Liabilities**||||
|Creditors: amounts falling due within one year|(6)|13,837|14,372|
|||||
|Net current assets||3,344|6,943|
|||||
|**Total net assets**||**3,344**|**6,943**|
|**The funds of the charity:**||||
|Unrestricted funds|(7)|3,344|6,943|
|Restricted funds|(8)||-|
|**Total charity funds**||3,344|**6,943**|



Approved by the Trustees on 29 July 2024 and signed on their behalf by: 

## **Melanie Baker** 

Trustee/Treasurer 

Notes 1 to 11 are an integral part of these financial statements 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Notes forming part of the financial statement For the period 1 September 2022 to 31 August 2023** 

## **1. Principal accounting policies** 

The Principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows: 

## **Basis of preparation** 

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (Charities SORP FRS 102) issued on 16 July 2014, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011. 

Walker Children's Club constitutes a public benefit entity as defined by FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policies below or the notes to these financial statements. 

Walker Children's Club was incorporated as a Charitable Incorporated Organisation (CIO) on 19 September 2016 (registered charity number 1169260). The activities, assets and liabilities of its operations as an unincorporated association (legacy organisation) were transferred to the CIO. 

The transfer of assets and liabilities from the legacy organisation has been accounted for as a non-exchange transaction in accordance with FRS102. 

The accounts are presented in sterling and are rounded to the nearest pound. 

## **Assessment of going concern** 

The Trustees have assessed whether the use of the going concern assumption is appropriated in preparing these financial statements. The Trustees have made this assessment in respect to a period of one year from the date of approval of these financial statements. 

The Trustees of the charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The Trustees are of the opinion that the charity will have sufficient resources to meet its liabilities as they fall due and the adoption of the going concern basis in preparing the annual financial statements is appropriate. 

## **Income recognition** 

Income is recognised in the period in which the charity has entitlement to the income, the amount of income can be measured reliably and it is probable that the income will be received. 

The sources of income are subscriptions from After School Club which operates after school during term time and Holiday Clubs which operate during the school holidays. Other Income relates to HMRC COVID Grants received. 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Notes forming part of the financial statement For the period 1 September 2022 to 31 August 2023** 

## **Expenditure recognition** 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to make a payment to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. 

All expenditure is accounted for on an accruals basis. Expenditure comprises direct costs and overheads. All expenses, including support costs, are allocated or apportioned to the applicable expenditure headings. 

Expenditure on charitable activities relates to activities undertaken to further the purposes of the charity and includes their associated support costs. 

All expenditure is stated inclusive of irrecoverable VAT. 

## **Tangible fixed assets** 

Fixed assets are capitalised at cost and are depreciated over their estimated useful economic lives as follows: 

Fixture, Fitting and Equipment - 33.33% straight line 

## **Debtors** 

Debtors are recognised at their settlement amount, less any provision for non-recoverability. Prepayments are valued at the amount prepaid. They have been discounted to the present value of the future cash receipt where such discounting is material. 

## **Cash at bank and in hand** 

Cash at bank and in hand represents such accounts and instruments that are available on demand. 

## **Creditors and provisions** 

Creditors and provisions are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. 

Creditors and provision are recognised at the amount the charity anticipates it will pay to settle the debt. They have been 

discounted to the present value of the future cash payment where such discounting is material. 

## **Funds** 

Unrestricted funds are those available for the general purposes of the Charity and their use is set out in the constitution. 

Restricted funds are funds which subject to specific conditions imposed by the donors. These are included in the statement of financial activities when the charity becomes entitled to the donation, grant or similar income, any conditions for receipt are met and the trustees are reasonably certain they will receive it. 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Notes forming part of the financial statement** 

## **For the period 1 September 2022 to 31 August 2023** 

## **2. Employees** 

Staff costs consist of: 

||**1 Sep 2022 to**|**1 Sep 2021 to**|
|---|---|---|
||**31 Aug 203**|**31 Aug 2022**|
||**£**|**£**|
|Salaries and wages|71,400|59,557|
|Social security costs|0|0|
|Pension costs|527|550|
||**71,927**|**60,107 **|



Employment allowance of £1,637 (2022: £2,135) was deducted from employer's national insurance costs of £1,637 (2022: £2,135) to arrive at social security costs. 

||**1 Sep 2022 to**|**1 Sep 2022 to**|**1 Sep 2021 to**|
|---|---|---|---|
|||**31 Aug 203**|**31 Aug 2022**|
|||**Number**|**Number**|
|The average number of employees||13|10|



No Trustee received any form of emoluments from the charity during the period under review. 

## **3. Net income / expenditure for the year** 

Net income/ (expenditure) for the year are stated after charging: 

||**1 Sep 2022 to**|**1 Sep 2021 to**|
|---|---|---|
||**31 Aug 203**|**31 Aug 2022**|
||**£**|**£**|
|Depreciation|0|0|
|Accountancy fee|3,965|3,438|



WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Notes forming part of the financial statement** 

**For the period 1 September 2022 to 31 August 2023** 

## **4. Fixed assets** 

Fixtures, fittings and equipment: 

||**£**|
|---|---|
|Cost:|992|
|Additional||
|At 31 August 2023|992|
|Depreciation:<br>992|992|
|Charge for the year<br>0|0|
|At 31 August 2023<br>992|992|
|**Net book value**||
|**At 31 August 2023**|0|
|At 31 August 2022|0|



All fixed assets related to the unrestricted fund. 

## **5. Debtors** 

||**1 Sep 2022 to**|**1 Sep 2021 to**|
|---|---|---|
||**31 Aug 2023**|**31 Aug 2022**|
||**£**|**£**|
|Subscriptions receivable|0|-|
|Prepayments / Accrued income|1,153|470|
||1,153|470|



All debtors relate to the unrestricted fund. 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

## **Notes forming part of the financial statement** 

## **For the period 1 September 2022 to 31 August 2023** 

## **6. Creditors: amounts falling due within one year** 

||**1 Sep 2022 to**|**1 Sep 2021 to**|
|---|---|---|
||**31 Aug 2023**|**31 Aug 2022**|
||**£**|**£**|
|Accruals|5,894|6,791|
|Fees prepaid|6,038|6,333|
|Other creditors|1,905|1,248|
||**13,837 **|**14,372**|



All creditors relate to the unrestricted fund. 

## **7. Unrestricted funds** 

## **8. Restricted funds** 

||||**1 Sep 2022 to**|**1 Sep 2021 to**|
|---|---|---|---|---|
||||**31 Aug 2023**|**31 Aug 2022**|
||||**£**|**£**|
||Balance as at 31 August 2023|Balance as at 31 August 2023|6,943|0|
||Balance as at 1 September 2022|Balance as at 1 September 2022||12,852|
||Net income for the year||-3,599|-5,909|
|Balance as at 31 August 2021/31 August 2020|Balance as at 31 August 2021/31 August 2020|Balance as at 31 August 2021/31 August 2020|**3,344**|**6,943**|
||||**1 Sep 2022 to**|**1 Sep 2021 to**|
||||**31 Aug 2023**|**31 Aug 2022**|
||||**£**|**£**|
|||Donations received|0|27,060|
|||Less : Resources|0|27,060|
||||**0**|**0**|



## **9. Taxation** 

The charity is exempt under Part 11 of the Corporation Tax Act 2010 on its income and S256 Taxation of Chargeable Gains Act 1992 on its capital gains. 

The Trust is not registered for VAT and the expenditure includes VAT where applicable. 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1 



## **WALKER CHILDREN'S CLUB** 

**Notes forming part of the financial statement For the period 1 September 2022 to 31 August 2023** 

## **10. Contingent liabilities** 

There are no contingent liabilities. 

## **10. Related party transactions** 

During the period ended 31 Aug 2023, subscription income of £132 was received from Kizzy Augustin (trustee). 

WCC ANNUAL REPORT AND ACCOUNTS 2019-2020 

1