2024-03-31-accounts

Trustees’ Annual Report for the period

From 01-04-2023 Period start date To 31-03-2024 Period end date

Charity name: Space Generators

Charity registration number: 1173314

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	1. Establish community centres throughout the UK that focuses on identifying and developing solutions for the sustainable future for people and planet 2. Advance education and training for the public.
Summary of the main activities in relation to those purposes for the public benefit, in particular, the activities, projects or services identified in the accounts.	Para 1.17 and 1.19	1. Hosted education, training events, workshops, exhibitions and conferences from the community centre we established in Westminster 2. Continue to establish and support the development of a UK network of community centres based on sustainable solutions.
Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on public benefit	Para 1.18	Trustees confirm they have had regard to and understand the guidance issued by the charity commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about:

	SORP reference
	Para 1.38
Policy on grant making
	Para 1.38
Policy on social investment
including program related
investment

Para 1.38 Contribution made by volunteers Other

Achievements and Performance

	SORP reference
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.	Para 1.20	1. Increased awareness and communication with public and private entities regarding repurposing of vacant property for community use. 2. Maintained Space Generators charity space in Westminster for community use by many people of all ages. backgrounds and ethnicities 4. Provided educational, skill share and training workshops to increase the possibility of future employment. 5. Hosted cultural and art events and exhibitions for local youth/ elders and for the public's benefit. 6. Continued research and development of Eco Solutions. 7. Continued to establish, advise and support a network of 20+ UK eco community centres. 8. Hosted regular zoom meetings to discuss critical environmental and social issues. 9. Updated community centre handbook and training materials.

Additional information (optional) You may choose to include further statements where relevant about:

Achievements against Para 1.41 objectives set Performance of fundraising activities against objectives Para 1.41 set

Investment performance Para 1.41 against objectives Other

Financial Review

Financial Review
Review of the charity’s financial position at the end of the period	Para 1.21	The charity is in a good financial position
Statement explaining the policy for holding reserves stating why they are held	Para 1.22	Aim to hold three months unrestricted future funds to provide for ongoing expenses
Amount of reserves held	Para 1.22	5355 BPS
Reasons for holding zero reserves	Para 1.22	N/A
Details of fund materially in deficit	Para 1.24	No funds in deficit
Explanation of any uncertainties about the charity continuing as a going concern	Para 1.23	There are no uncertainties about the charity continuing as a going concern

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal sources of funds (including any fundraising)	Para 1.47
Investment policy and objectives including any social investment policy adopted	Para 1.46
A description of the principal risks facing the charity	Para 1.46
Other

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed, royal charter)	Para 1.25	Constitution
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO
Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees	Para 1.25	Trustees are appointed for a term of 7 years by a resolution passed at a properly convened meeting of the charity trustees.

Additional information (optional)

You may choose to include further statements where relevant about:

Policies and procedures adopted for the induction and training of trustees	Para 1.51
The charity’s organisational structure and any wider network with which the charity works	Para 1.51
Relationship with any related parties	Para 1.51
Other

Reference and Administrative details

Charity name	Space Generators
Other name the charity uses	none
Registered charity number	1173314
Charity’s principal address	2 Archer Street London W1D 7AP

Names of the charity trustees who manage the charity

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20	Trustee name	Office (if any)	Dates acted if not for whole year	Name of person (or body) entitled to appoint trustee (ifany)
	Peter Barry	Chair
	Linda Lowrance
	Debra Whiteside

– Corporate trustees names of the directors at the date the report was approved Director name

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets None held in this capacity

Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects

Details of arrangements for safe custody and segregation of such assets from the charity’s own assets

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

None

Other optional information

Declarations

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

Signed on behalf of the charity’s trustees

Signature(s) Peter Barry Full name(s) Peter Barry

Position (eg Secretary, Chair Chair, etc)

Date

31-01-2025

CHARITY COMMISSIO FOR ENGLAND ANO WALES Receipts and payments accounts CC16a For the period from J IivaiLV<¢+ To Section A Receipts and payments Unrestrlcted funds to the nearest Restrlcted funds Endowment fund8 Total funds La$t ygar to ihp nearg8t £ to nBarest£ to the near¢st £ to the nearnst£ A1 Receipts Tumover Bank Interest Donatiosn and gr8nt5 88.276 88.Z16 18.167 12 10.OOQ Sub total (Gross income for AR) 88.Z16 88,276 28.179 A2 Asset and Investment sales, (see tsble). Sub total 88.276 88,276 26.179 A3 Payments Project costs Business rates Volunteers expenses Insuran bank Ch8rge$ IT and SC￿481 medr8 Motor and Travel Office Equipm¢rit Repairs and Maintenance Misc office costs Accountnacy Other consultar Management cosls 3,875 49.518 12.590 3.875 49,518 12,590 7.030 2,S48 216 597 33 1.560 6,092 1.868 6.754 6.092 3.248 È143 2.177 3,04S 6.7S4 690 9,210 690 9.210 750 1.200 Sub total 93.133 93,133 21,252 A4 Asset and inveslmont ur¢ha8•6, (8ee lable Sub total 93,133 93,133 21,252 Net of receipts/(paymentsJ A5 Transfers between funds A6 Cash fund$ last year end Cash funds this year end 4,857 4.857 4,927 5,285 10,212 5,355 10,212 5,355 10.212 CCXX R1 ac￿Unts {SS) 3110112025

Section B Statement of assets and liabilities at the end of the period UnrestriGted funds to n￿r•st t Restricted funds to nearest £ Endowment funds to nearest £ Categorfes Detsils B1 Cash funds Tiidos Total Cash funds 5,355 tls11 Unrestrlcted funds to nèargst £ Restricted fund$ to nearest È Endowment funds to naarest£ DetaTIs B2 Other monetary assets Fund to whlch asset belon Cost loptlonaf) Curr•ntvalu• on•1 Detsils B3 Investment assots Fund to whlch assèt ￿lon Detalls CMt loptlonal) Current value onal B4 Assets retained for the charity's own use Fund to t*hlch liabll Arnount due ona W￿n due lonal Details B5 Llabllities Signgd by one or ￿ trustees on behalf of all th8 tmstees Signature Print Name Date of roval Peter ba Peter ba 3110112025 CCXX R2 a¢¢ounts ISS) 31101r2025

okfield Chartered Accountants J A Brookfield B Comm ACA ATII Consultant J E Pickard BA AIIT Independent Examiners, Report Report of the Independent Examiner to the Trustees of SPACE GENERATORS For the year ended 31 March 2024 We report on the financial statements for the year ended 31 March 2024 which are set out on pages I and 2 which have been prepared on a receipts and payments basis, disclosing a deficit of Recelpts over Payments of 4857 and cash funds at the end of the year of £5.355. Respective responsibilities of the Board of Trustees and Independent Examiner The Board of Trustees is responsible for the preparation of the financial statements. It is our responsibil- ity to form an independent opinion, based on our work, on those statements and to report our opinion to you. Basls of Independent Examiner's Report An examinatlon includes a review of the accounting records kept by the Charity and a comparison of the ccounts presented with those records. It also indudes consideration of any unusual items or disclo- sures in the accounts, seeking explanations from the Board of Trustees concerning any such matter5. The procedures undertaken do not provide all the evidence that would be required in an audit and con- sequently we do not express an audit opinion on the view given by these accounts. Independent Examiners Statement In connection with our examination, no matter has come to our attention which Elves us a reasonable cause to believe that in any material aspects the requirements to keep the accounting records in accord- ance with the Charity legislation and to prepare accounts which accord with the accounting record5 and to comply with the accounting requirements of the legislation have not been met or to which, in our opinion, attentlon should be drawn in order to enable a proper und reached. tobe Signed by J A Brookfield. as senior statutory auditor on behalf of Brookfield & Co Chartered Accountants Registered auditors 18 Concanon Rd /ilzS 18 Concanon Road SW2 STA Tel: [phone] Fax: [phone] e•mail:[e-mail] London