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2021-12-18-accounts

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

TRUSTEES' ANNUAL REPORT FOR THE YEAR ENDED 18 DECEMBER 2021

Create Streets Foundation Contents

Page
Reference and administrative details of the charity 2
Trustees’ report 3 - 9
Independent examiner’s report 10
Receipts & payments accounts 11
Statement of assets & liabilities 12
Notes to the financial statements 13

1

Create Streets Foundation Reference & administration details

Trustees

Harry Briggs, Chair (appointed 29 April 2021) Fabian Richter, Treasurer (appointed 7 March 2017) Claire Mirfin (appointed 29 April 2020) Lucille Briance (appointed 30 September 2020)

Charity registration number 1171928 Principal address 81 Lambeth Walk London SE11 6DX

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

2

Create Streets Foundation

Trustees’ r eport for the year ended 18 December 2021

The trustees present their annual report together with the financial statements of Create Streets Foundation for the year ending 18 December 2021.

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

Achievements & Performance

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. Completing our Place Champions training programme, funded
by the third tranche of the £74,000 grant received from Trust
for London in 2018, which funded the work undertaken in
Greenwich, St George in the East, Ealing and Whipps Cross.
2. Working up a programme of place-improvement and
community-led housing with The Centre for Theology and
Community at St George in the East thanks to a further
£80,000 grant from Trust for London £37,332 of which for CSF.
3. Running our place champions programme for two community
groups who responded to the CSF call for applications at the
end of 2020. The two successful applications were East Marsh
in Grimsby and Filwood Broadway in Bristol and were funded
by CSF unrestricted donations.
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. The No Place Left Behind Commission into Prosperity and
Community Placemaking continued the work started in 2020
and worked together to study best practices around the
country and produce a report which was launched publicly in
September 2021. We received a total of £96,900 funding for it
from
various
foundation,
corporate
and
charitable
organisations.
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, funded by a
£74,000 grant 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–
2020/21) and Whipps Cross (Site 4 - 2021). Sites 1 and 2 were
covered in last year’s report.
1.1 Whipps Cross, London

4

Process and outputs

Site. Whipps Cross Hospital in North London is being rebuilt as part of the hospital rebuilding programme. The focus of our work was on the hybrid planning application (211245) submitted by Barts Health Trust to Waltham Forest Council on 23rd April 2021. The application was a so- called ‘hybrid application’ some ‘outline’ and some ‘full’ Outline application was for (i) the demolition of some existing buildings; (ii) the creation of up to 1,500 homes and (iii) the creation of up to 5,000sqm flexible floorspace under use class E (which permits retail, café, restaurants, co working space, community space, gym or visitor centre). Full application was for change of use of part of the existing hospital to residential and commercial/community use.

Outcomes

Process & Outputs

1.4 Place Champions next steps

Extending the programme

5

Outcomes

2. Place Champions (UK wide). Funded by unrestricted donations.

Winners have been selected (Bristol and Grimsby) and sessions have been following a similar theme to the previous programme:

We have run four events in Grimsby, three online and an in-person site visit and discussion. In addition, our partners in Grimsby (the award-winning community group, East Marsh United) have funded our presence running a stall at a local fair. Feedback has been excellent and we have worked with the neighbourhood to work up a tactical and strategic programme of investments in the neighbourhood, regreening, street tree planting and community empowerment. We have started a programme of applying for funding (which during 2022 has won Forestry Commission support). The support in Bristol is to kick off in 2022.

– 3. Create Streets Foundation Training Programme Creating Places Academy

Process and outputs (too soon for outcomes)

CFS aim 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

6

The purpose of the programme is to share our research findings with as many of these groups across the UK and positively impact the wellbeing, health, and sustainability of as many and places as possible. How it works and progress

4. No Place Left Behind Commission

Process and outputs

Launched at the beginning of August 2020 and published in September 2021, the purpose of the No Place Left Behind Commission into community prosperity and placemaking is to help improve the quality of lives lived in under-valued neighbourhoods, by promoting changes to policy and practice that can improve place, health, happiness, wellbeing and a sense of community and agency. The board consisted of 12 commissioners.

5. Trusting Communities (TC)

Trusting Communities aims for systemic change through a significant increase in community ownership of all types in England, especially larger scale community ownership of neighbourhoods and local assets, by getting Government and other mainstream political parties to adopt and implement a comprehensive strategy of policies and programmes. TC’s work has generated several potential research topics in key strategic areas, the results of which could inform future

7

policy development and raise wider awareness of community ownership and its benefits. • Funding : CSF received £20,000 of funding from a private donor. • Outcome : At the end of 2021, TC supplied Government with a Blueprint for Levelling Up through Community Ownership under the headings: infrastructure, law, funding, social housing, and pubs. The Blueprint contains 32 policies based on a synthesis of TC’s own programme and proposals from a wide range of sources, both community activist and policy development organisations. The aim is to create a coherent and joined-up narrative of community ownership policy proposals that are mutually supportive, and which will appeal across the political spectrum. The work continues into 2022 thanks to further funding. Our indicative fundraising forecast in 2021 was £60,000. We achieved £69,210. NA

both community activist and policy development organisations.
The aim is to create a coherent and joined-up narrative of
community ownership policy proposals that are mutually
supportive, and which will appeal across the political spectrum.
The work continues into 2022 thanks to further funding.
Performance of fundraising Our indicative fundraising forecast in 2021 was £60,000. We achieved
activities against objectives £69,210.
set
Investment performance NA
against objectives

8

Financial Review

Review of the charity’s
financial position at the end
of the period
Cash in hand (restricted and unrestricted funds) on 18/12/21 was
£47,105
Donations and grants for a value of around £60,000 in 2021 were
anticipated, half from recurring donors, and half for the remainder of
the Trust for London grant awarded to St George in the East for Place
Champions work, and the No Place Left behind Commission. The
anticipated expenditure of around £66,600 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 reasonably 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 18/12/21 reserves (unrestricted funds) held were £25,719
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 and with growing role of other directors
such as David Milner and experienced Create Streets fellows
such as Toby Lloyd who chaired the No Place Left Behind
Commission
_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 and on how patterns and quality of urban

9

development materially influence sustainable living patterns, resilience and use of embodied carbon Other 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.

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 7th October 2022 by:

Harry Briggs, Chair

10

Create Streets Foundation

Independent examiner ’ s report for the year ended 18 December 2021

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 2021, which are set out on pages 7 to 9.

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: Oct 7, 2022 Katy Spooner (Oct 7, 2022 17:26 GMT+1)

Katy Spooner KS Accountancy 114 Whitmore Road Harrow HA1 4AQ

11

Create Streets Foundation

Receipts & payments accounts for the year ended 18 December 2021

Not
e
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
Unrestricte
d
Funds
18,008
18,008
9
0
0
7,196
0
9,527
270
932
17,934
74
74
25,645
25,719
Restricted
Funds
51,202
51,202
47,314
5,158
0
52,209
0
0
0
252
104,933
(53,731)
(53,731)
75,117
21,386
Total
Funds
2021
£
69,210
69,210
47,323
5,158
0
59,405
0
9,527
270
1,184
122,867
(53,657)
(53,657)
100,762
47,105
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

12

Create Streets Foundation Statement of assets & liabilities as at 18 December 2021

Unrestricted Restricted 2021 2020
£ £ £ £
Assets
Cash at bank and in hand 25,719 21,386 47,105 100,762
Liabilities
Professional Fee 583 583 579

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

Name: Harry Briggs, Chair

Date: 7th October 2022

The notes on page 13 form part of these financial statements.

13

Create Streets Foundation

Notes to the financial statements for the year ended 18 December 2021

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

Placeshapers Sponsorship
Centre for Theology
Rochdale Boroughwide Housing
Livin Housing
James Thornton
Local Trust donation
Trust for London grant 2 Place Champions
Cadogan
Power to Change grant
Karbon donation
Andrew Wainwright Reform Trust
Other donations
Total
Unrestricted
Funds
18,008
18,008
Restricted
Funds
5,000
16,000
5,000
1,500
20,000
2,900
802
51,202
Total
Funds
2021
£
5,000
16,000
5,000
1,500
20,000
2,900
18,810
69,210
Total
Funds
2020
£
20,000
25,000
19,500
6,001
42,500
15,000
10,000
23,216
161,217

14

CSF Accounts 2021 signed HB

Final Audit Report

2022-10-07

Created: 2022-10-07 By: Constance de Montigny (constance@createstreets.com) Status: Signed Transaction ID: CBJCHBCAABAA0DslXlG4FcAtkX-qkNyEQSDtT06kHhCu

"CSF Accounts 2021 signed HB" History

Document created by Constance de Montigny (constance@createstreets.com)

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Document emailed to katyspooner@hotmail.com for signature

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