Registered Charity Number 1172914
Registered Company Number 09512392
Camden Community Centres' Consortium
Report and Accounts For The Year Ended 31 March 2024
**Camden Community Centres' Consortium Report and accounts Contents**
||**Page**|
|---|---|
|Charity and Company information|**1**|
|Trustees' Report|**2**|
|Statement of trustees' responsibilities|**4**|
|Independent Examiner's report|**5**|
|Statement of Financial Activities|**6**|
|Balance sheet|**7**|
|Notes to the accounts|**8**|
**Camden Community Centres' Consortium Information**
## Trustees
Name Representing Nasim Ali King’s Cross Brunswick Neighbourhood Association Paul Crozier Holborn Community Association Nazrul Islam Maiden Lane Community Centre Susan Measures Sidings Community Centre Foyezur Miah Queen’s Crescent Community Association Tricia Richards Castlehaven Community Association Lindsay Richardson Abbey Community Centre Benaifer Bhandari Hopscotch Women's Centre Company Number 09512392 Charity Number 1172914 Registered office C/o QCCA 45 Ashdown Crescent London NW5 4QE Accountants Hamilton Coopers Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS
1
**Camden Community Centres' Consortium Trustee Report - Year End 31 March 2024**
## **Introduction**
The trustees present their annual report and accounts for the year ended 31st March 2024
## **Directors and Trustees**
The Directors of the charitable company are its Trustees for the purpose of charity law. Throughout this report the Directors / Trustees are collectively referred to as the Directors. The Directors who served during the year are mentioned on page 1.
## **Structure, governance and management**
Governing document The Association is a charitable company limited by guarantee; it was incorporated on 26 March 2018 and registered as a charity on 08 May 2017
## **Structure**
The member organizations for this financial year were as follows. Each member is entitled to nominate one trustee.
Trustees are listed on page 1
Abbey Community Centre Calthorpe Community Garden Castlehaven Community Association Dragon Hall Holborn Community Association Holly Lodge Community Centre Hopscotch Women’s Centre Kentish Town City Farm Kentish Town Community Centre Kings Cross Brunswick Neighbourhood Association Maiden Lane Community Centre N1C Centre Kings Cross Queens Crescent Community Association Sidings Community Centre Somali Youth Development Resource Centre Somerstown Community Association South Hampstead & Kilburn Community Partnership St Pancras Community Association Swiss Cottage Community Centre
Recruitment and appointment of management committee
The Directors of the company are also the Trustees of the charity for the purpose of charity law and under the company's articles are known as members of the Board of Directors.
2
**Camden Community Centres' Consortium Trustee Report - Year End 31 March 2024**
## **TRUSTEES’ REPORT**
Objectives and Activities
Camden Community Centres' Consortium continues to grow and develop in terms of the number of projects that we are involved in, and our general influence and profile throughout the borough.
In addition, critical to our work is our role of providing peer support and networking opportunities for our members who regularly use C4 as a sounding board for big strategic projects and specific operational issues associated with buildings and general management of complex community spaces.
Our members work collaboratively to meet the needs of our diverse communities, with many projects being created with support from our formalised consortium structure. All member organisations pay £500 per year membership fee, which helps increase engagement in and ownership of the consortium.
Our priorities in 2023-2024 have been to:
- Raise our collective profile and voice by maximising individual members networks and ensure everyone can advocate for C4 and member organisations.
- Resolve the lease negotiations to ensure C4 members (and other charities operating in Camden) are not priced out. This includes exploration of the complex relationship C4 members have with Camden (for example as strategic partners delivering key services as well as leaseholders paying business rates).
- Seek cost saving opportunities for members, looking at collective buying powers and streamlining back-office services.
- Agreeing a role description and contract for services with a freelance consultant to provide us with Strategic Leadership and operational support
- Maintaining ongoing conversations with the Community Partnerships team about the role of C4 as they develop the ‘neighbourhoods strategy’, continue to offer resilience support for charities struggling to rebuild/ meet increasing demand/ pivot services and generally ensure our priorities are aligned with the local authorities.
- Continuing to respond to the ongoing crisis, pivoting services in response to local needs, notably delivering foodbanks, vaccine information, general support, and signposting.
- Maintaining essential services, including for early years, older people, people with disabilities and other marginalised groups in the community.
We are proud to support and represent such a vital sector in Camden, responding to needs and championing local people to ensure a fairer and more equal borough.
## **Public benefit**
We confirm that in providing the above services and in writing this report, we have had regard to the guidance issued by the Charity Commission on public benefit.
3
**Camden Community Centres' Consortium Trustee Report - Year End 31 March 2024**
## **Statement of Trustees Responsibilities**
The Trustees are aware that Company 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 its incoming resources and application of resources, including its income and expenditure for that period. In preparing those financial statements, the directors are required to:-
- select suitable accounting policies and then apply them consistently.
- observe the methods and principles of the charities SORP;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
- prepare the financial statements on a going concern basis unless it is inappropriate to presume that the company will continue in business.
The Trustees are responsible for keeping proper accounting records which 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 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Statement as to Disclosure of Information to Independent Examiner**
So far as the Trustees are aware, there is no relevant information of which the charitable company’s Independent examiners are unaware, and each trustee has taken all the steps that he or she ought to have taken as a trustee in order to make himself or herself aware of any relevant audit information and to establish that the charity’s auditors are of that information.
A resolution proposing the reappointment of Hamilton Coopers as auditors will be put to the annual general meeting.
## **Method of preparation of accounts**
The accounts have been prepared in accordance with the charity’s Memorandum and Articles of Association and comply with the Companies Act 2006 and the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities Act 2011.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.
03/10/2024
This report was approved by the Board of Trustees on ……………………………. and signed on its behalf by:
> Foyezur Miah (Oct 4, 2024 15:58 GMT+1) ……………………………
Foyezur Miah Co Chair and Trustee
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## **Chartered Accountants' independent assurance report on the unaudited accounts of Camden Community Centres' Consortium**
## **To the Board of Directors of Camden Community Centres' Consortium ('the Company')**
I report to the charity trustees on my examination of the accounts of the company for the year ended 31 March 2024 which are set out on pages 6 to 12.
## **Responsibilities and basis of report**
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Responsibilities and basis of report**
I have completed my examination. I confirm that no 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 company as required by section 386 of the 2006 Act; or 2 the accounts do not accord with those records; or
- 3 the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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; or
- 4 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
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.
## **Asim Malik, FCA**
Date
## 04/10/2024
….................
Chartered Accountant 66 Earl Street Maidstone Kent ME14 1PS
5
## **Camden Community Centres' Consortium**
## **Statement of Financial Activities (including consolidated income and expenditure account) for the year ended 31 March 2024**
|**for the year ended 31 March 2024**|||||||
|---|---|---|---|---|---|---|
||||**UnrestrictedRestricted**||**Total**|**Last Year**|
||||**Funds**|**Funds**|**Funds**|**Total Funds**|
||**Notes**||**2024**|**2024**|**2024**|**2023**|
||||**£**|**£**|**£**|**£**|
|**Incoming resources**|||||||
|**_Incoming resources from generated funds_**|||||||
|Voluntary Income||5|10,811|26,512|37,323|20,706|
|Investment Income|||153|-|153|40|
|**Total incoming resources**|||**10,964**|**26,512**|**37,476**|**20,746**|
|**_Costs of charitable activities_**|||9,436|12,707|22,143|1,203|
|**_Governance costs_**|||1,230|-|1,230|1,488|
|**Total resources expended**|||10,666|12,707|23,373|2,691|
|**Net income/expenditure**|||||||
|**before transfers between funds**|||298|13,805|14,103|18,055|
|**Gross transfers between funds**|||-|-|-|-|
|**Net movement in funds**|||298|13,805|14,103|18,055|
|**Reconciliation of funds**|||||||
|**_Total funds brought forward_**|||63,596|-|63,596|45,541|
|**Total Funds carried forward**|||**63,894**|**13,805**|**77,699**|**63,596**|
The net movement in funds referred to above is the net incoming resources as defined in the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commission for England & Wales and is reconciled to the total funds as shown in the Balance Sheet on page 12 as required by the said statement.
## **All activities derive from continuing operations**
**The notes on pages 8 to 12 form an integral part of these accounts.**
6
|**Camden Community Centres' Consortium**
**Company Number**
09512392
**Balance Sheet**
**as at 31 March 2024**
**£**
**£**
**Current assets**
Debtors
8
11,500
Cash at bank and in hand
72,583
**_Total current assets_**
84,083
**Creditors:-**
amounts due within one year
9
(6,384)
**_Net current assets_**
77,699
**_Total assets less current liabilities_**
77,699
**Creditors:-**
amounts due after more than one year
-
**Net assets**
77,699
**_The funds of the charity :_**
**Unrestricted funds**
63,894
**Restricted funds**
13,805
**Total charity funds**
77,699
**2024**|**£**
**£**
7,750
83,498
91,248
(27,652)
63,596
63,596
-
63,596
63,596
-
63,596
**2023**|
|---|---|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no members have required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
04/10/2024
Approved by the board of trustees and authorised for the issuance on …..................
Foyezur Miah (Oct 4, 2024 15:58 GMT+1)
**Foyezur Miah Trustee**
**The notes on pages 8 to 12 form an integral part of these accounts.**
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**Camden Community Centres' Consortium Notes to the Accounts for the year ended 31 March 2024**
## **1 Accounting policies**
The principal accounting policies adopted in the preparation of the financial statements are setout below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.
## _**Accounting convention**_
a) Basis of preparation and assessment of going concern:
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 UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The trustees consider that there are no material uncertainties about the consortium's ability to continue as a going concern.
The company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.
## b) Reconciliation with previous Generally Accepted Accounting Practice
In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatements were required.
## _**Incoming Resources**_
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants It is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income from charitable activities includes primary purpose trading
Income from charitable activities includes primary purpose trading, income earned both from the supply of goods or services under contractual arrangements or grant agreements, which have conditions that specify the provision of particular goods or services to be provided and undertaken for the charitable purposes of the charity.
## Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.
8
**Camden Community Centres' Consortium Notes to the Accounts for the year ended 31 March 2024**
## _**Fund accounting**_
Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the consortium's work or for specific projects being undertaken by the consortium.
## _**Expenditure recognition**_
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.
## _**Allocation of support costs**_
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support C4's programmes and activities.
## _**Expenditure and irrecoverable VAT**_
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:
* Costs of raising funds comprise the costs of other trading activities, in which the consortium does not yet engage.
* Expenditure on charitable activities includes the costs of providing services and activities for our beneficiaries and the local community to further the purposes of the charity and their associated support costs.
* Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## _**Debtors**_
Debtors are recognised at the settlement recoverable amount due. Prepayments are valued at the amount prepaid.
## _**Cash at bank and in hand**_
Cash at bank and in hand includes is held to meet short-term cash commitments as they fall due rather than for investment purposes and may include short-term deposits.
## _**Creditors, deferrals and provisions**_
Creditors and provisions are liabilities where we have a present obligation to a third party that we shall normally pay by cash. Provisions are measured or estimated as reliably as possible.
Where performance-related conditions are specified in a grant, the income will only be recognised to the extent that the charity has provided the facility or service. Any income received in advance of the conditions being met are deferred and shown under creditors.
9
## **Camden Community Centres' Consortium Notes to the Accounts for the year ended 31 March 2024**
## **2 Winding up or dissolution of the charity**
The consortium is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. Names of its directors and registered office is mentioned on page 1.
|**3**|**Surplus for the financial year**|**2024**|**2023**|
|---|---|---|---|
|||**£**|**£**|
||**This is stated after crediting :-**|||
||**Revenue Turnover from ordinary activities**|37,476|20,746|
||**and after charging:-**|||
||Indemnity Insurance for trustees and employees|-|528|
||Independent Examiner's Fees|1,230|960|
- **4 Statement that no expenses were paid to trustees or connected persons** Neither any other trustees nor any persons connected with them have received any remuneration, either in the current year or the prior year.
- **5 Detailed analysis of certain transactions required by the 2005 revision to the Statement of Recommended Practice for Accounting and Reporting issued by the Charity Commissioners for England & Wales (effective April 2005 and revised May 2008)**
|**Unrestricted**
**funds**
**2024**
**£**
**Incoming resources**
**_Incoming resources from generated funds_**
Members' Subscriptions
10,500
Grants
311
10,811
**6**
**Investment Income**
Bank deposit interest received
153
**Total**
153|**Restricted**
**funds**
**2024**
**£**
-
26,512
26,512
-|**Total**
**funds**
**2024**
**£**
10,500
26,823
37,323
**2024**
**£**
153
153|**Total**
**funds**
**2023**
**£**
20,706
-
20,706
**2023**
**£**
40
40|
|---|---|---|---|
## **7 Deferred Incoming Resources & Reserves- Restricted funds**
|**Opening**
**Deferrals**
**£**
LB of Camden
26,512
**Total**
26,512
**These deferrals are included in creditors**|**Released**
**from prior**
**years**
**£**
26,512
26,512|**Received**
**less released**
**in year**
**£**
-
-
**2024**
**£**
-|**Deferred**
**at year end**
**£**
-
-
**2023**
**£**
26,512|
|---|---|---|---|
10
## **Camden Community Centres' Consortium Notes to the Accounts for the year ended 31 March 2024**
|**8**|**Debtors**||**2024**|**2023**|
|---|---|---|---|---|
||||**£**|**£**|
||Trade debtors||1,000|7,750|
||Accrued income||10,500|-|
||Total||11,500|7,750|
|**9**|**Creditors: amounts falling due within one year**||**2024**|**2023**|
||Trade creditors||**£**
-|**£**
180|
||Accrued expenses||6,384|960|
||Deferred income and grants in advance (see note 6 )||-|26,512|
||||6,384|27,652|
|**10 **|**Analysis of the Net Movement in Funds**||**2024**|**2023**|
||Net movement in funds from Statement of Financial Activities||**£**
77,699|**£**
63,596|
|**11 **|**Particulars of Individual Funds and analysis of assets and liabilities representing funds**||||
||**At 31 March 2024**|**Unrestricted**
**Designated**|**Restricted**|**Total**|
||Tangible Fixed Assets|**funds**
**funds**
**£**
**£**
-
-|**funds**
**£**
-|**Funds**
**£**
-|
||Current Assets|70,278
-|13,805|84,083|
||Current Liabilities|(6,384)
-|-|(6,384)|
|||63,894
-|13,805|77,699|
||**At 1 April 2023**|**Unrestricted**
**Designated**|**Restricted**|**Total**|
||Tangible Fixed Assets|**funds**
**funds**
**£**
**£**
-
-|**funds**
**£**
-|**Funds**
**£**
-|
||Current Assets|91,248
-|-|91,248|
||Current Liabilities|(27,652)
-|-|(27,652)|
|||63,596
-|-|63,596|
11
**Camden Community Centres' Consortium Notes to the Accounts for the year ended 31 March 2024**
## **The individual funds included above are :-**
|Unrestricted grant and income
Restricted grant and income|**Funds at**
**2023**
**£**
63,596
63,596|**Movements**
**in**
**Funds**
**as below**
**£**
298
13,805
14,103|**Transfers**
**Between**
**funds**
**£**
-
-
-|**Funds at**
**2024**
**£**
63,894
13,805
77,699|
|---|---|---|---|---|
## **Analysis of movements in funds as shown in the table above**
|Unrestricted grant and income
Restricted grant and income|**Incoming**
**Resources**
**£**
10,964
26,512
37,476|**Outgoing**
**Resources**
**£**
(10,666)
(12,707)
(23,373)|**Gains &**
**Losses**
**£**
-
-
-|**Movement**
**in funds**
**£**
298
13,805
14,103|
|---|---|---|---|---|
## **12 Other information**
Camden Community Centres' Consortium is a registered charity and incorporated in England. Its registered office is: C/o QCCA 45 Ashdown Crescent London NW5 4QE
## **13 Share Capital**
The charity is incorporated under the Companies Acts and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter
There are 19 members of the company (2023 - 19 members). Members are listed on page 2.
12