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2020-12-18-accounts

Create Streets Foundation Charitable Incorporated Organisation (CIO) Charity Number: 1171928

TRUSTEES' ANNUAL REPORT & FINANCIAL STATEMENTS

FOR THE YEAR ENDED 18 DECEMBER 2020

Create Streets Foundation Contents

Page
Reference and administrative details of the charity 2
Trustees’ report 3 - 11
Independent examiner’s report 12
Receipts & payments accounts 13
Statement of assets & liabilities 14
Notes to the financial statements 15

1

Create Streets Foundation Reference & administration details

Trustees

Alexander Stevenson, Chair (appointed 7 March 2017 resigned as chair and trustee on 29 April 2021)

Fabian Richter, Treasurer (appointed 7 March 2017)

Isabelle Irani (resigned 29 April 2020)

Aster Crawshaw (resigned 30 September 2020)

Claire Mirfin (appointed 29 April 2020)

Lucille Briance (appointed 30 September 2020)

Harry Briggs (appointed 29 January 2021, appointed Chair 29 April 2021).

Charity registration 1171928 number

Principal address The Coop Centre 11 Mowll Street London SW9 6BG

Independent Katy Spooner Examiner KS Accountancy 114 Whitmore Road Harrow HA1 4AQ

2

Trustees’ report for the year ended 18 December 2020

Create Streets Foundation

The trustees present their annual report together with the financial statements of Create Streets Foundation for the year ending 18 December 2020.

The trustees confirm that the annual report and financial statements comply with the Charities Act 2011, the constitution and the provisions of the Statement of Recommended Practice (SORP), applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Structure, Governance & Management

Create Streets Foundation is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission and governed by its constitution, adopted on 28[th] February 2017.

The board of trustees has responsibility for the activities of Create Streets Foundation. They are appointed at the AGM by a quorum of 3 of the trustees and are to be professionals with relevant experience.

Objectives & Activities

The object of CSF for the public benefit is to advance the education of the public in subjects related to the built environment, successful development and the associations between urban form and mental health, physical health, community cohesion and pro-social behaviour by

(a) providing training to community groups (above all in economically and socially disadvantaged areas) in the context of neighbourhood planning and urban design activities; and

(b) promoting study and research in such subjects and disseminating the useful results of such study to the public at large.

We conduct research into associations between different types of building and popularity, wellbeing, long term economic value and density. We provide training to community groups above all in the context of neighbourhood planning and urban design.

The trustees declare that they have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties.

3

Create Streets Foundation Trustees’ report for the year ended 18 December 2020

Achievements & Performance

Our key achievements this year:

  1. Continuation of our Place Champions training programme, receiving its fourth and final tranche of funding (£19,500) from Trust for London. This £74,000 grant has funded the work

Summary of the main undertaken in Greenwich, St George in the East, Ealing and

achievements of the charity, Greenwich.

identifying the difference the charity’s work has made to 2. Kicking off a new round of our Place Champions training

the circumstances of its programme, independently run and funded by various CSF

beneficiaries and any wider donations. This involved the creation of a new website. The

benefits to society as a whole. application deadline was December 2020 and we received 15 applications in total from across the UK. The applications will be examined during the course of January 2021.

  1. A successful joint funding application to Trust for London to take forward the Place Champions work started at St George in the East.
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Our key achievements this year:
1. Continuation of our Place Champions training programme,
receiving its fourth and final tranche of funding (£19,500) from
Trust for London. This £74,000 grant has funded the work
undertaken in Greenwich, St George in the East, Ealing and
Greenwich.
2. Kicking off a new round of our Place Champions training
programme, independently run and funded by various CSF
donations. This involved the creation of a new website. The
application deadline was December 2020 and we received 15
applications in total from across the UK. The applications will
be examined during the course of January 2021.
3. A successful joint funding application to Trust for London to
take forward the Place Champions work started at St George
in the East.
These activities meet our first charitable objective - providing training
to community groups (above all in economically and socially
disadvantaged areas) in the context of neighbourhood planning and
urban design activities.
4. Launching the No Place Left Behind Commission into
Prosperity and Community Placemaking and receiving a total
of £82,500 funding for it.
5. Setting up the Creating Places Academy with a new webpage
and the creation of an educational video on Design Codes.
These activities meet our second charitable objective which is to
promote study and research in such subjects and disseminating the
useful results of such study to the public at large.
Achievements against
objectives set
Objectives: To advance the education of the public in subjects related
to the built environment, successful development and the associations
between urban form and mental health, physical health, community
cohesion and pro-social behaviour by
(a)providing training to community groups (above all in economically
and
socially
disadvantaged
areas)
in
the
context
of
neighbourhood planning and urban design activities
1. Place Champions – funded by Trust for London
CSF has continued its Place Champions programme, receiving its
fourth and final tranche of funding (£19,500) from Trust for London.
This grant (awarded in November 2018) has funded the work
undertaken in Greenwich (site 1 - 2019) , St George in the East (Site
2 – 2019), Ealing (Site 3 – 2020) and Whipps Cross (Site 4 - to be
finished in 2021 once the Covid situation has abated).
1.1 St George in the East, Tower Hamlets

4

Process and outputs

Outcomes

5

member of the House of Lords, Maurice Glasman. We remain in touch with both The Georgian Group and Historic England.

Process & Outputs

Outcomes

Trust for London grant

Extending the programme

6

2. Create Streets Foundation Training Programme – Creating Places Academy

Process and outputs (too soon for outcomes)

CFS aims systemically to increase our capacity to support education of neighbourhood groups, councillors and professionals. The ambition is to create training courses and videos ready to give to one or more of a) planning authorities, b) highways teams, c) neighbourhood groups, d) councils and e) housing and regeneration teams

The purpose of the programme will be to share our research findings with as many of these groups across the UK and positively impact the well-being, health, and sustainability of as many and places as possible.

How it works.

Progress . A microsite for the new Creating Places Academy was created. In addition, a video on Design Codes as part of the free resources for training was created here and had over 400 views in December 2020.

A digital approach for CSF

Going digital . Due to the unforeseen events in 2020, A number of projects had to be revaluated to incorporated a more digital approach, in keeping with Government guidelines.

7

Online programmes such as Sketchup have been effective to offer a suitable alternative to the conventional hand drawn plans.

- Digital exclusion There is a concern that by moving to a more digital approach, there is a risk of excluding certain individuals, this is especially relevant for the Place Champions work. Although It is still unclear whether this statement is justified, a strategy will be adopted to mitigate this. For example, in the case of Place Champions, CSF will use draw upon strategies used for other projects such as the Create Streets Ltd West Kensington and Gibbs Green project, where members are followed up after sessions by phone or via a hand posted flyer after an event.

(b) promoting study and research in such subjects and disseminating the useful results of such study to the public at large;

3. No Place Left Behind Commission

Process and outputs (too soon for outcomes)

Launched at the beginning of August 2020, the purpose of the No Place Left Behind Commission into community prosperity and placemaking is to help improve the quality of lives lived in undervalued neighbourhoods, by promoting changes to policy and practice that can improve place, health, happiness, wellbeing and a sense of community and agency. The board consists of 12 commissioners.

8

and Karbon Homes to develop a typology of places to guide the analysis. • ‘Cycling uphill’. In August the Commission published the Cycling uphill? research briefing. The research found that prosperous areas were far more likely to have taken early action to adapt streets for the pandemic than councils in former “Red Wall” areas – but also that this started to change following the government’s prioritisation of former “Red Wall” areas through its Emergency Active Travel Fund. • Phase 1 – In August 2020, the Commission’s kicked off the call for evidence, seeking responses from a broad range of stakeholders with expertise and experience of living with and seeking to influence the built and natural environment in under-valued places. To date, 1o individuals have responded via the online form. A phone line has also been set up for people to record their evidence, and responses can also be sent via email but these means haven’t been used yet. • Funding. The Commission has successfully secured £82,500 in kind of the £85,350 total funding required. This includes £42,500 from Power to Change, £25,000 from Local Trust, £15,000 from Karbon Homes and £8,000 from Legatum. 4. Public realm research Process and outputs Research funded by Cadogan in 2018 was published into a book titled Streets and Squares in 2019. Details of outcomes were published in last year’s report but in addition we have since made many presentations based on the research to industry forums and the research (and summaries of it) have been extensively accessed via social media. It has also been shared extensively via social media. Many tweets or twitter threads from Create Streets’ twitter account (35,400 followers at time of writing) illustrating elements of book and linking to the online copy have gone “semi-viral”. For example, one tweet received 1,100 likes and 182 retweets or quote tweets. Our indicative fundraising target for our second year of operations was around £150,000 of successful fundraising. This was achieved. Performance of fundraising activities against objectives set NA Investment performance against objectives NA Other

9

Create Streets Foundation Trustees’ report (continued) for the year ended 18 December 2020

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Cash in hand on 18/12/20 was £ 100,761.24
Donations of around £6,600 during H1 of 2020 were anticipated, as
was the awarding of the joint TfL grant (£82,500.00) for the extension
of the Place Champions Programme. The anticipated expenditure of
around £41,187.00 of H1 in great majority represent the costs linked
to the No Place Left Behind Commission and the Place Champions
Programme, both for which funding was received in 2020.
The financial position at the end of the year is healthy.
Statement explaining the
policy for holding reserves
stating why they are held
Reserves are being held to pay for outstanding invoices and are
being accumulated in order to be able to hire one full time employee.
Amount of reserves held At 18/12/20 reserves held were £25,644.00
Reasons for holding zero
reserves
NA
Details of fund materially in
deficit
NA
Explanation of any
uncertainties about the
charity continuing as a
going concern
NA
The charity’s principal
sources of funds (including
any fundraising)
Grants from charities (Trust for London, Local Trust, Power to
Change)
Donations from private donors
Donations from corporate donors (Karbon Homes)
Investment policy and
objectives including any
social investment policy
adopted
N/A at present, as too little leftover to invest, and held back for
outstanding payments due.
A description of the
principal risks facing the
charity
The principal risks facing the charity are the following:
_1_Key person risk: Grants from charities pay for specific work which
sometimes requires Create Streets Ltd’s competencies. Create
Streets Ltd Director Nicholas Boys Smith has been key to the
successful performance of this work – this risk is diminishing as
Create Streets Ltd grows
_2_Financial risk: should fundraising not continue successfully – this
risk is stable. We have a very low level of fixed cost and liabilities,
have several multi-year donations and are continuing to see
interest in funding our work from several foundations.
_3_Socio-political risk: should our agenda no longer be seen as
worthwhile – this risk is diminishing as the wider debate focuses
increasingly on the quality of places as well as the quantity of
homes built.

10

CSF have a service level agreement with Create Streets Ltd: CS Ltd renders administration services in support of the CSF Activities which then get invoiced to CSF.

Other

Create Streets Foundation

Trustees’ report (continued) for the year ended 18 December 2020

Statement of Trustees responsibilities

The trustees are responsible for preparing the trustee's Annual Report, and the financial statements in accordance with applicable law and United Kingdom Accounting Standards.

Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing these financial statements, the trustees are required to:

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 Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the trustees on: and signed on their behalf by:

13/10/2021 Harry Briggs Harry Briggs (Oct 13, 2021 19:32 GMT+1)

11

Create Streets Foundation

Independent examiner’s report for the year ended 18 December 2020

Independent examiner’s report to the trustees of Create Streets Foundation

I report to the trustees on my examination of the accounts of the charity for the year ended 18th December 2020, which are set out on pages 13 to 15.

Responsibilities and basis of report

As the charity’s trustees, 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 Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity 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 which gives me cause to believe that in, any material respect:

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.

Signed: Date:

Katy Spooner KS Accountancy 114 Whitmore Road Harrow HA1 4AQ

12

Create Streets Foundation

Receipts & payments accounts for the year ended 18 December 2020

Note
Receipts
Charitable Activities
2
Total Receipts
Payments
Research
Community Engagement
Raising Funds
Staff Costs
Animation/Video
Admin Services
Trustee Liability Insurance
Other
Total Payments
Net of receipts/(payments)
Net movement in cash
funds
Reconciliation of funds:
Cash funds brought forward
Cash funds carried forward
Unrestricted
Funds
22,973
22,973
0
0
3,243
1,660
5,000
6,427
63
0
16,392
6,581
6,581
19,063
25,644
Restricted
Funds
138,244
138,244
500
16,261
2,482
29,820
0
0
0
18,664
67,727
70,517
70,517
4,600
75,117
Total
Funds
2020
£
161,217
161,217
500
16,261
5,725
31,479
5,000
6,427
63
18,664
84,118
77,099
77,099
23,663
100,762
Total
Funds
2019
£
55,870
55,870
7,429
42,919
6,908
0
5,000
6,911
54
10
69,231
(13,361)
(13,361)
37,024
23,663

13

Create Streets Foundation

Statement of assets & liabilities as at 18 December 2020

Unrestricted Restricted 2020 2019
£ £ £ £
Assets
Cash at bank and in hand 25,644 75,117 100,762 23,663
Liabilities
Professional Fee 579 579 579

The financial statements were approved by the trustees and signed on their behalf by:

Harry Briggs Harry Briggs (Oct 13, 2021 19:32 GMT+1)

Name: Harry Briggs, Chair

Date: 13/10/2021

The notes on page 15 form part of these financial statements.

14

Create Streets Foundation

Notes to the financial statements for the year ended 18 December 2020

1. Accounting policies

1.1 Basis of preparation of financial statement

These accounts have been prepared under the historical cost convention and 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 UK and Republic of Ireland (FRS 102) (effective 1 January 2015), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).

Create Streets Foundation 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 policy note(s).

The trustees have taken advantage of the provisions of the SORP Update Bulletin 1 not to prepare a cash flow statement.

1.2 Going concern

The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.

1.3 Receipts and payments

These accounts have been prepared under a receipts and payments basis. The charity is allowed under section 133 of the Charites Act 2011 to prepare receipts and payments accounts as its gross income is below £250,000.

2. Receipts

Unrestricted
Funds
Trust for London grant 2 Place Champions
Cadogan
2,500
James Thornton
Power to Change grant
Karbon donation
Local Trust donation
Andrew Wainwright Reform Trust
Other donations
20,473
Total
22,973
Restricted
Funds
19,500
3,501
20,000
42,500
15,000
25,000
10,000
2,743
138,244
Total
Funds
2020
£
19,500
6,001
20,000
42,500
15,000
25,000
10,000
23,216
161,217
Total
Funds
2019
£
37,000
18,870
55,870

15