Henderson Hub Company Limited
(A company limited by guarantee)
Report and Financial Statements
Year Ended 31 March 2023
Charity number 1171855
Company number 8733997
111
111
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1511112023
COUPANIES HOUSE
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#119
A13
0411112023
COMPANIES HOUSE

Henderson Hub Conwny Limlted
Trustees. and Dirertw< Re
Year ended 31 March 2023
The Trustees present their report and financial Statements for the year ended 31° March 2023. This has also been
prepared to meet the requirements for a Directors, Report and Accounts for the purposes of the Companies Act.
The financial statements have been prepared in accordance with the accounting FK)licies set out in Note I to the
atcount5 and comply with the Charites Act 2(Xll. the Companies Act 2006. the Memorandum and Article5 of
Association, and Accounting and ReFJOrting by Charities- Ststement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of
Ireland IFRS1021.
Table ofcontents
Legal and Administrative Infonnation ..-...............-..............................-....-........-.....-.......-.......-........-........-.....
Objectives and Activities................................................-...............................................................-....-...-.-......-
Achievement5 and Performance...............................-......................................................................................
Structure. governance and management........
Independent Examinerfs Report........................................................................................................................
Statement of Financial Activities ........................................................................-.....-.-...-.....-...-...-.....-...-....-.....
Balance Sheet......-.....-.....-.-......-..-...-..........-....-....................................................................................................
Notes to the Accounts.....................................................................................................-..........-........................ 10

Henderson Hub Company Limited
Trustees, and Oirectors, Report
Yearended 31 March 2023
The Trustees present their report and financial statements for the year ended 31st March 2023. This
has also been prepared to meet the requirements fora Directors. Report and Accounts for the
purposes of the Companies Act.
The financial statements have been prepared in accordance with the accounting policies Set out in
Note I to the accounts and comply with the Charites Act 2WI, the Companies Art 2006, the
Memorandum and Articles of AsY)ciation. and Accounting and Reporting by Charities- Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applical￿e in the UK and Republic of Ireland IFRS1021.
Legal and administrative infonnation
Dirertors and Trustee5
C 8Tadshaw
A Stanley
L Waters (retired 12 October 2022)
Tsidaway
S Nakhal
E Stratton
Secretary
C Bradshaw
Re8lStered Office
37 Marlowes
Hemel Hempstead
HPI ILD
Operatin8 address
Henderson Hall
High Street
Abbots Langley
WD5 OAR
Accountants
Morgan Rose
37 Marlowes
Hemel Hempstead
HPI ILO
Independent Examiner
Morgan Rose
37 Marlowes
Hemel Hempstead
HPI ILD
Charity Registration Number
1171855
Company Registration Number
8733997

Henderson Hub Company Limited
Tru5tees' and Directors, Report
Year ended 31 March 2023
Objects, Objertives and Artivities
Our Charitable objerts are settled with the Charity Q>rnmi55ion to be:
11 The provision of facilities forthe use of the inhabitants of Abbots Langley and the
neighbourhood thereof, without distinction of political, religious or other opinions, including
use for meetings, lectures and classes and for other fomis of recreation and leisure time
occupation. with the object of improving the conditions of life for the said inhabitants.
21 The a¢fvancement of the arts for public benefit through the provisions of facilrties and other
means to enable partiCipat￿n in a wde range of visual. literary and perfomiing arts.
Our strategic objectives to achieve thi5 are:
To provide and encourage use of facilities at the Henderson Hall. including the provision of
meeting spaces, arts and performance space5
To foster a wide range of activities for Abbots Langley and the neighbourhood
To ensure the sustainability of the Henderson Hub arxl its value to the community.
The Trustees have complied with the duty specified in Section 4 of the Charities Act 2011 relating to
the public benefit requirement Df the activities of the Charity and to guidance issued by the Charity
Commission.
To manage this, the Trustees regularly review their actNities to more effectively achieve objectives
and to more readily meet obligations.
Achievements and Performance
While operation5 in the previous financial year had run along with almost 10 months free of Covid-
19 restrictions the level of confidence shown by users, stsff and volunteers in adjusting to the
pandernic hangover was fragile. with extemal shocks to the system havi￿ a quickly felt effect.
We maintained the Elvira's café facility through the previou5 year and felt that it was important to
keep the facility running for its social value as a place to meet. provided that it was not a financial
drain. Operations became an increasing challenge during the year as volunteer sUPPOrt waned-
much in line with national t￿ndS It must be said- making being open increasingly reliant upon paid
staff. The Autumn of 2022 saw a dramatic downward shift in tumover. co-incident with changes In
national government leadership policy. This'shock. along with a poor response to advertising
for 3 new Elvira's manager resulted in tonsolidation of Elvira's actNities to three days per week and
a period of review as to its ongoing operation. The outcome is that 3 trusted gfOUP of volunteers
will now manage and lead E￿ir?.$ as the new financial year gets underway.
While Covid-19 restrictions fell away Covid was still wfth us resulting in cancellation of a number of
summer activtties which was achieved at no cost to The Hub. Additionally. the Film Hub team
retired from the scene providing the opportunity for a new model and new team founding a
Community Cinema.
Budgeted income was down on the year a5 we had forecast for a full year- ch0051ng to actively
manage the risk. There has been the need to keep pricing and costs under review wlth particular
impact from enew costs- which not only affect such thin85 as gas and electricity- and which now
represent 50mething like IO% of costs even after reducing consumption by around 30%. but other

Henderson Hub Company Limited
Trustees, and Directors, Report
Year ended 31 March 2023
consumables such as coffee too. Our pricing model has had to adjust as inflation got a hold and
have sought to simplifying pricing and ask tougher questions on operatK)nal aspects.
The end of the year also saw a change in our Hub Manager with a new appointment providing new
energy for the new financial year.
The Village Ilomond CommunftyArts
The Hender50n Hub preserves and promotes the established funrtion of the Henderson Memorial
Hall as the Village Hall of Abbots Langley. a hall for the use by the inhabitants of the village for
meetings, classes and other leisure activities. as enshrined in the first objert of our charity. The
nature of the building makes it the only suitable space for perfom)ing arts in the eastern region of
the Three Rivers distrirt and its use by performance-based community groups, sits alongside
community uses. such as regular clubs and meetings. The hall accommodates UP to 140 people plus
ancillary accommodation.
We are proud to host a range of artivities induding..
Exhibitions,. Textiles Sessions,. Children's Art Classes; Pottery Classes- Sourdough Classes,. Art Taster
Classes- Yoga C1055e5- Watford Magiaans. Meetines and Awards Shows- Live & Local Music Nights-
Comedy Nights,. Community Cinema.. Coffee Mornings induding- bereavement support and for local
MP surgery. Private Film Night for the Monday Club- a social club for adults with leaminE
difficultie5- Recording sessions for a local singerfs album,. Abbots Langley Players and Centralians
rehearsals and play weeks,. Dance classes- Party Hires,. Fizz Kids Family Magic Shows; Michael Jatkson
Tribute Show,. Captain Calamity Storytelling session for kids.
Resources
We have a mix of volunteers and paid staff all of whom make a great and welcome contribution with
their enthusiasm and energy. We could not do this wthout all those who provide this support and
we want to take this opportunity to say'thank you. to everyone who has played their part this year.
One of the Covid pandemic legacies was last year identified as being a shift in our volunteering
sour￿. This has continued to be difficult. The advent of younger people recorded last year has
not lasted as their world has opened up again. The volunteer group who now manage Elvira's is a
very positive initiative and how that works will play out during this next period.
Financial review
The financial year ending 31 March 2023. income wa5 £108.06412021122. £99.8761 and expenditLtrre
£119,55012021122. £1(Xl.0151. meaning a small deficit of £11.486 was generated12021122.- £1401.
The Henderson Hub would not be able to funrtion without the financial and good will of both Abbots
Langley parish Council and Three Rivers District Council. This. along with the 5UPPOrt of our landlord,
The Henderson Memorial Hall Trustees provide a positive environment to be working with. Greater
detail is to be found in the statement of Financial Affairs. but it may be helpful to note here that the
half year financial review forecast a significant deficit for the full year that could have placed the
future of the organisation at risk. The Board initiated firm action to minimise the loss resulting in
forecast deficit in the region of £15.O)O for the year.

Henderson Hub Company Limited
Trustees, and Dirertors, Report
Year ended 31 March 2023
The area where costs could be trimmed was Elvira's and after further examination it was resofved to
continue with Elvira's on successful trading days only whilst seeking alternative solutions. It is
pleasing to see the outcome is a small deficit than forecast at the half-year. A great deal of gratitude
15 due to those who contribLrted to working this throu8h.
ReseThes
The Tru5tee5 have agreed that the Charity should seek to retain between three and six month5 of
the coming yearfs expenditure budget in unrestricted reser¥es. As at 31 March 2023, unrestricted
reserves were £36,723, representing equivalent to around six months of planned expenditure for the
2023124 financial year (expenditure budget for 2023124 set at £70.142}. The Trustees are satisfied
that the reserve5 are adequate at thi5 time.
Strurture, governance and management
Goveminq document
Henderson Hub is a company limited by guarantee, govemed by its Articles of Association. It is
registered as a charity with the Charity Commission. Membership 15 open to persons who support
the aims and objectives of the Charity and who are willing to pay the annual subscription, subject to
approval by the Directors. Eath Member has agreed to contribute £10 (ten pound only) in the event
of the Charity winding up.
Appointment OA Trustees
As set ovt in the Articles of Kssoaation Trustee5 and Directors are elected at the Annual General
MeetinB with one third retiring each year and a need for four or more.
Trustee inductson and trolning
Trustees have developed Iwth mixed success it must be said) procedures for the recruitment.
induction and trainine of new Trustees.
Prospective Trustees are introduced to Henderson Hub by means of distussion and acting as an
Observer alongside existing Trustees before appointment: this a5Si5ts with understanding the
objects of the charity and the role of Trustee5.
Oryanisation
During the previous year the role of the Ipaidl manager was increased to 0.8FTE and evolved to be
one of greater autonomy as the supporting wider group of volunteers became weaker, as identified
in the support of volunteers. Following The Hub manager< wish to develop their life in another
direction it was resofved to a appoint a fresh manager on less hours, but with provision for
additional support as the skills of the new manager became apparent. As at year end the new
Managerfs probationary period is still running. The role of Manager is a part of the current grant
arrangement with ALPC.
The Board ofTrustees meets quarterfy, or more frequently as the need arise5. Board meetings
consitler reports from the Manager and reviews more strategic issues including compliance.
governance and future strategy. The skills of the Board include IT. govemance. property, financial
and business management along with amateur dramatics.

Henderson Hub Company Limited
Trustees. and Direttors, Report
Year ended 31 March 2023
Relt7tedpartie5
The Charity has a close relationship with Abbots Langley Parish Council. who act as the Foundation
Trustees of the Henderson Hall. and with the Henderson Memorial Hall Trustees who are a
registered charity and act as the Management Trustees. These parties act as the landlord for the
Henderson Hub Company lease over the Henderson Hall.
R15k manwment
The Trustees have in place a number of policies and procedures to manage risk. These are kept
under periodic review with operational matters. health and safety and financial risk a subject matter
at each quarterly meeting. Directors are involved in banking activity, staff engagement and any
longer-temi contract, such as the leasehold tenu￿ of Henderson Hall.
The Trustee5 also ensure that full insurance is in ￿aCe and review the requirements annually and as
required should circumstances change.
Truste￿ responsibilities in relation to the financlal statements:
The Trustees Iwho are Dirertors of Henderson Hub Company Limite(I for the purposes of company
lawl are responsible for preparing a Trustees annual report and finanoal ststement in accordance
with applicable13w and United Kingdorn Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the charity trustees to prepare financial statements for each year that give a
true and fair view of the state of affairs of the charitable company and of the incoming resources
and application of resources for that period. In preparing the financial statements, the trustees are
required to..
Selert suitable accounting policies and then apply them consistentlv
Observe the methods and principles in the applicable Charities SORP
Make judgements and estimates that are rea￿nable and prudent
State whether applicable accounting standards have been followed. subject to any material
departures being disclosed and explained in the financial statements
Prepare the financial ststements on the going concern basis unless it is inappropriate to
presume that the charity VMII continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable
accuracy at any time the financial position of the charity and to enable them to ensure that the
financial statements comply with the Companies Act 2￿6, and applicable Charities laccounts and
reports) Regulaiions. They are also responsible for safeguarding the assets of the charity and taking
reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the corForate and financial
information included on the charitable companws website. Legislation in the Untted Kingdom
governing the preparation and dissemination of financial statements may differ from legislation in
other iuri5dictions.
The directors. have taken advantage of Section 477 of the companies Act 2006 whith exempts the
company from an audit.

Henderson Hub Company Limited
Trustees, and Directors. Report
Year ended 31 March 2023
The charity is required to have an Independent Examination in accordante wtth the provisions olthe
Charities Act 2011.
By order of the boa
of trustees and signed on their behalf by
A J Stanley
Chair of Trus
26109120
161.,12023
s and Direct

Henderson Hub Company Limited
Trustees, and Oirectors. Report
. Year ended 31 March 2023
I report on the accounts of the Henderson Hub Company timited forthe year ended 31 March 2023,
comprising Statements of Financial Acti¥itie5 of the charity. Balance Sheet and supporting Notes.
Respective responsibilities of trustees and examiner
As the charivs trustees of the Company Iwho are also the directors of the company for the
purposes of company lawl. you are responsible for the preparation of the accounts in accordance
with the requirements of the Companies Att 2C()61~the 21KJ6 Arf).
Having satisfied myself that the accounts of the Company are r￿t required to be audited for this
year under Part 16 of the 2￿6 Act and are eligible for independent examination, I report in respect
of my examination of your chariws accounts as carried out under section 145 of the Charities Art
20111.the 2011 Acfl. In carrying out my examination. I have followed the Directions gNen by the
Charity Commission lunder section 14515llbl of the 2011 Act.
Independent Examiner's Statement
I have completed my examination. I confirm that no material rnatters have come to my attention
which Bives me cause to believe that..
accounting records were not kept in accordance wtth section 386 of the Companies Act 2006: or
the account5 do not accord with such records. or
the accounts do not comply with relevant accounting requirements under section 396 of the
Companies Att 2()J6 other thèn any requirement that the accounts give a 'true and fairf view
which is not a matter considered as part of an independent examination- or
the accounts have not been prepared in accordan￿ with the Charities SORP IFRS1021.
I have no concems and have come across no other matters in connection with the examination to
which attention should be drawn in thi5 report in order to enable a proper understanding of the
accounts to
rea
Stev
Hump
gan
ACA
rtere
ountants
3110812023

Henderson Hub Company Limited
Statement of Financial Artivities
(including income and expenditure account)
for the year ended 31 March 2023
2023
2022
Unrestricted Restrirted
funds
funds
Notes
Total funds
Total
Income
Donations
3.230
3.230
20,600
84.234
108.064
316
Grants
20.000
48,450
51,109
99,875
Charitable activities
84.234
107,464
Total income
600
Expenditure
Charitable artivities
116.977
116,977
2.574
2.574
119,550
119,550
100,015
100,015
Total expenditure
Net Incomel(Expenditure) and net movement
in funds for the year
(9,513)
{1,974}
111,4861
11401
Reconciliation of Funds
Total funds brought forward
Total funds carried forward
46.236
36.723
35.573
33.599
81.809
70,323
81.949
81,809

Hender50n Hub Company limited
Balance Sheet
As at 31 March 2023
2023
2022
Unrestricted Restrirted
funds
funds
Notes
Total Funds
Total
Fixed Assets
Tangible assets
Totsl Fixed A$5ets
io
36
33.600
33,636
33,636
35,751
35,751
36
33.600
Current Assets
Bar stock
200
2CKJ
200
Debtors
li
7.325
46.C69
7,325
46,069
53.594
75
Cash at bank and in hand
58,052
Total Current A55ets
53.594
58.327
ilabllltles
Creditors
falling due within one year
Net Cuffent Assets
12
{16,907}
36.687
116,9071
36.687
112,2691
46.058
Net Assets
36.723
33,600
70.323
81.809
The funds of the d￿rity
Unrestricted income fvnds
14
36.723
36.723
46,236
35,573
Restricted income funds
33,599
33,599
36.723
33,599
70,323
81,809
For the year ending 31 March 2023 the company was entitled to exemption from audit under ￿77 ofthe
Companies Act 2006 relating to small companies. The members have not required the company to obtain an
audit of its accounts for the year in question in accordance with s476.
The direttors ackn¢)wledge their responsibilities for complying wtth the requirements of the Att with respect
to accounting records and the preparation of accounts. The account5 have been prepared in accordance with
the provisions applicable to companies subject to the small companies. regime.
Approved by the bgard of trustees on 26th September 2023 and signed on their behalf.b
S6101lL3 /
hfvl

Henderson Hub Company Lin￿ed
Notes to the attounts for the year ended 31 Mavth 2023 {tiJntinutdl
fvnds
funds
2023
Total Funds
2023
Totsl
2022
S Income from donatlon5
Donation
3.230
3.230
3.230
3.230
316
316
funds
2023
fvnds
2023
Total Funds
2023
Total
2022
6 Income from irants
Abbots Langley Parish Council
Three Rivers District Counol
Government- Furlough scheme
20.￿)
20.IKXJ
30,000
13,778
4,672
48,450
20.t)XI
20.600
funds
2023
fvnds
2023
Total Funds
2023
Total
2022
7 Intome from charltable activltles
In¢ome from hall hire
Foyer Café
Bartakings
Event income lincluding ticket sales)
Income from equipment hire
Company Membership Fees
Associate Members Fees
Ad¥ertisin8 sa￿S
Other irKome
20.219
36.6
9.065
17.316
20,219
36,690
9,065
17.316
5,531
33,480
3,887
6,763
240
240
350
1251
30
1,093
51,109
704
84,234
704
84,234
io

Henderson Hub Compary Limited
otes to the accounts for the year Ènded 31 Marth 2023 {¢ontinued)
fvnds
fund5
Total funds
Total
2023
2023
2022
8 Expenditure on fharitable activities
Bar stock
Licencing
Café consumables
Event production
Film hire costs
Materials for events
Hire of hall
Salaries and felated costs
Oepreciation
Advertising
Bank charges
Businèss rates
5.343
1.398
14.640
7.415
3.365
18
305
51.647
140
5.343
1.398
14,640
7.415
3.365
18
305
51.647
2,114
2,071
1,827
13,665
1.624
631
12201
44,339
2,560
1,974
189
240
3,863
2,302
1.441
326
1,028
760
14.726
471
8,559
2.630
1.556
26
1.139
782
6.930
471
8,559
2.630
I.SS6
26
1,139
782
7.530
Insurance
Telephone and internet
Stationery
Marketing
Removal of trade waste
Maintenance
Rent payable on hall
Purchase of equpment
Professional feès
Other
$60
8.673
560
8,673
7,156
116.977
2.574
119,550
100,016
9 Net incomeforthe ye¥
This is stated after charging-.
2023
2022
Operating leases
Deplecial￿n
Accountsncy fees
2,114
4,087
2,560
6,629
li

Henderson Hub Company ilmlted
Notes to the accounts for the ￿*re￿ded 31 Marth 2023 {c*)ntinued)
10 Tawaible flxed assets
Lknrestrirted Restrlcted
Funds
Funds
Lthoehold
impTIM
Plant and
Equipment
Total
at l April 2022
Additions
at 31 March 2023
9,347
45,393
54.740
9.347
45.393
54,740
Depreciation
at l April 2022
Charge for the year
at 31 March 2023
9,171
140
9.311
9,819
1,974
11.793
18.990
2.114
21,104
Net Book Value
ai 31 Marth 2023
33.61KI
33,636
at 31 Marth 2022
176
35.574
35.750
.Ilnrestrf¢ted
funds
Rutyi¢ted fvnds Total l￿d$
Total .
11 Debtors
2023
2023
2023
2022
Trade Oebtors
Otherdebtors
Ow1￿ to Restricted Fund
6.707
618
5.707
618
2.823
12,7481
1.325
i.J25
75
12 Credhors falllng due wkhln a ¥¢ar
2023
2023
2023
2022
Trade creditors
Othercredittirs
Hall i>ookin8 deposSts
Actruals
Taxation and penson c05t due
W38es due
Deferred hall hi￿ income
2,757
1.428
2.757
1.428
1.647
2,350
830
9.554
16.9)7
9.554
I6,￿7
7.442
12.269
12

Henderson Hub Company Llmlted
Notes to the accounts for the year ended 31 Marth 2023 Icontinued)
13
Deferred hall hire income
Deferred hall hife income comprises advance booking for the hall.
8alante at l April 2022
Amount released to income
Amount c￿d1[ed in year
Balance at 31 March 2023
7,442
120.2191
22.331
9.554
14
Anatysls of dHritable funds
Unresirirted lunds
Balan
l April
Balance
31 Marth
2023
Expendi.
re
Unrestricted funds
46,236
107.464 1116,9ni
36,723
Restrlcted funds
Balance
l Aprfl
8•lan¢e
Expen￿ 31 March
tyre
2OZ3
Income
Capital works
Total restricted funds
35.573
3S.573
12,5741
12.5741
33,599
33.599

Henderson Hub Company Limited
Notes to the accounts for the year ended 31 March 2023 (continued)
15
Operating leases
The charity had minimum lease payments payable under operatin8 lease5 as set out below.
Not later than a year
Later than a year and not later than 5 years
Later than S years
i.ooo
4,000
14,000
19.000
14