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2024-03-31-accounts

Hedgecock Community Centre LTD ANNUAL REPORT FOR THE PERIOD OF 1[st] APR 2023 ‐ 31[st] MAR 2024

Hedgecock Community Centre LTD Company No: 10751294 Charity Number: 1180699

Contents

Reference and Administrative Details ......................................................................................................................... 3 About us .................................................................................................................................................................... 4 Vision ......................................................................................................................................................................... 4 Mission Statement ..................................................................................................................................................... 4 Aims and Objectives: .................................................................................................................................................. 4 Equality, Diversity, and Inclusion ................................................................................................................................ 4 Structure and Governance .......................................................................................................................................... 5 Chairperson’s Report .................................................................................................................................................. 6 HCC Projects ............................................................................................................................................................... 7 HCC Youth Project ................................................................................................................................................................................. 7 HCC Seasonal Events/Workshops .......................................................................................................................................................... 7 HCC Female Fitness ............................................................................................................................................................................... 7 HCC Men Fitness Classes ....................................................................................................................................................................... 8 HCC Heritage Heroes ............................................................................................................................................................................. 8 Dragonboat ............................................................................................................................................................................................ 8 HCC Community Events .............................................................................................................................................. 9 HCC Fun Day .......................................................................................................................................................................................... 9 HCC Annual Volunteer Dinner/Review .................................................................................................................................................. 9 HCC Expansion ........................................................................................................................................................... 9 Self‐Defence/Martial Arts Classes ......................................................................................................................................................... 9 Religious Activities ................................................................................................................................................................................. 9 Tuition Groups and Supplementary Classes ........................................................................................................................................ 10 Fitness and Health ............................................................................................................................................................................... 10 Community Groups ............................................................................................................................................................................. 10 Private Events .......................................................................................................................................................... 10 Staff and Volunteers................................................................................................................................................. 10 Annual Account ........................................................................................................................................................ 12 Acknowledgements ................................................................................................................................................. 23

Reference and Administrative Details

Company Number: 10751294 Charity Number: 1180699 Registered Office :

28 Stephen Jewers Gardens Barking, Essex IG11 9FA

E : Info@hedgecockcentre.org.uk W : www.hedgecockcentre.org.uk T : 0330 321 0173 Banker : Barclays Bank Plc

Directors: Trustees who are directors under company law at the date of the report are:

Mr Nazir Ali ( Chairperson)

Mr Tojomul Ali (Secretary)

Mr Monir Uddin Ahmad ( Treasurer)

Mr Yousuf Khan

Mr Aktar Ahmed

Mr Harun Miah

Mr Somsul Islam

Mr Md Shahanur Rahman

Mr Mohammed Ali Hassan

Mr Suruk Ahmed

Mr Jamil Al‐Deen Al‐Faradhi

Auditors: Quilfords Accountancy and Taxation

113 Romford Road London E13 4LY

Page 33

About us

The Hedgecock Community Centre (HCC) is a voluntary community organisation established within the Longbridge Ward, Upney, Barking & Dagenham since February 2017.

Since its inception, the HCC has been working with various service providers, the voluntary sector, and volunteers to provide various activities and events for the benefit of the local and the wider community. These activities vary from health/fitness to social groups/gatherings which are open to the diverse community. Over the past five years, the HCC has been continuously evolving to meet the needs and demands of the community.

Vision

To be the flagship community centre in Barking & Dagenham.

Mission Statement

To improve the quality of life of local people by offering excellent services which provide a range of educational, recreational, cultural, and social opportunities.

Aims and Objectives:

The objectives of the management committee are to ensure that the HCC is:

Equality, Diversity, and Inclusion

The consideration for equality, diversity, and inclusion is at the core of HCC. This incorporates all aspects of HCC functions from recruitment of service providers to project delivery.

HCC aims to further benefit the diverse needs of the residents of Barking and Dagenham by providing events and activities without distinction of age, disability, gender reassignment, marriage and civil partnership, pregnancy and maternity, race, religion or belief, sex, and sexual orientation or other expressed opinions or characteristics.

HCC will continue to work in partnership with the local authority, the voluntary sector, and other organisations to develop and implement strategies to meet the diverse needs of the community in a common effort to further advance the aims and objectives of HCC.

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Structure and Governance

Hedgecock Community Centre Ltd is a constituted charity (Charity No: 180699) and a registered company limited by guarantee (Company No: 10751294). The organisation operates under the objects and powers outlined in its Memorandum and Articles of Association, which were formally adopted in February 2017.

The governance of HCC is managed by a Board of Trustees, which currently comprises 11 executive members, with a maximum capacity of 13 members. The trustees conduct monthly board meetings, as well as subcommittee meetings, to ensure the effective running of the centre and its operations. Each trustee takes a leadership role in a specific area aligned with their individual expertise and skills, contributing to a diverse and well‐rounded governance structure.

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Monir Ahmad
Treasurer
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Nazir Ali
Chairpeson
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Tojomul Ali
Secretary
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Mohammed Hassan
Projects and Events Lead
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Somsul Islam
Safeguarding Lead
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Aktar Ahmed
IT Lead
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Yousuf Khan
Community Engangement
Lead
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Harun Miah
HR Lead
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Mohsin Choudhury
Centre Coordinator
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Suruk Ahmed
Secretary Assistant
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Jamil Al‐Faradhi
Projects and Event Assistant
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Shahanur Rahman
Communtiy Engagement
Assistant
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Abdul Ahad
Caretaker / Events
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Chairperson’s Report

The financial year 2023/24 has been a pivotal and productive year for Hedgecock Community Centre, marked by both significant progress in our programming and necessary adjustments to our financial strategy. It is with great pride that I present this summary of our activities and achievements.

One of the key initiatives of the year was the Heritage Programme , which successfully strengthened intergenerational connections within the Bangladeshi community young people, fostering greater cultural understanding. Additionally, the introduction of Men’s and Women’s HIIT classes, with a focus on culturally sensitive fitness options, addressed the health and wellbeing needs of our diverse community. These programmes have had a positive impact, and we look forward to building on their success in the coming year.

In terms of our facilities, we have made improvements to ensure Hedgecock Community Centre continues to be an accessible and welcoming space for all. These upgrades reflect our ongoing commitment to providing a high‐ quality environment for the diverse range of services and events held at the centre.

On the financial front, this year also saw important changes. Since the centre's inception, we had maintained the same hire rate, but with rising operational costs, it became clear that this approach was no longer sustainable. Additionally, the initial rent‐free period for Hedgecock Community Centre expired in August 2023 but was generously extended. As this extended period ends in August 2024, a revised pricing strategy will be developed to address the rental costs. After careful review and analysis, we made the difficult decision to increase prices in order to ensure the long‐term viability of the centre and address the rental costs. These adjustments were necessary to cover the costs of maintaining and operating the facility, and they were implemented with the utmost consideration for our service users and the community we serve.

As we move forward, we remain committed to fostering community cohesion, enhancing our programmes, and ensuring Hedgecock Community Centre continues to be a vital resource for all.

Nazir Ali Chairman, Hedgecock Community Centre Ltd

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HCC Projects

HCC Youth Project

The youth project at Hedgecock Community Centre has been running successfully, providing a safe and welcoming space for young people aged 11 to 18 to engage in indoor recreational and social activities. This initiative was designed to upskill participants by fostering transferable skills such as communication, addressing anti‐social behaviour, and promoting a sense of cohesion among the youth in the London Borough of Barking and Dagenham.

Over the years, we have successfully engaged 80 young people in the project, allowing them to benefit from a wide range of services and support. Our dedicated youth workers have observed marked improvements in the behaviour and participation levels of the young people involved. Notably, there has been a significant enhancement in their soft skills, as evidenced by their effective communication during group activities, increased creativity, and a notable boost in confidence.

Furthermore, Hedgecock Community Centre has successfully recruited 20% of the participants as young volunteers. These individuals have played a vital role in assisting with our fun day and various social events, further promoting community involvement and leadership skills among their peers. Through these efforts, we continue to build a stronger, more connected community for our young people.

HCC Seasonal Events/Workshops

During the holiday period, Hedgecock Community Centre provided seasonal workshops/events for the local community. A summer programme consisting of Target practice, various tournaments and calligraphy workshops was provided to the wider community.

We also conducted an end‐of‐year party for the youth to celebrate the new year and reflect upon the previous year. This was thoroughly enjoyed by the participants competing in the competition and socialising with other youth around the borough.

HCC Female Fitness

Hedgecock Community Centre has introduced female‐orientated fitness programmes starting from August 2022 thanks to the grants of London Marathon Charitable Trust and London Borough of Barking and Dagenham NCIL Funding. The objectives of the project were to break down barriers of entry toward fitness for women, create a healthy environment for women to socialise and uplift one another inspire friends/families toward fitness and build a positive, ambitious mindset.

The project was held in Hedgecock Community Centre and John Smith House. These include Power Hour (Mondays & Thursdays), Yoga (Wednesdays) and HiiT Me Up (Fridays). Throughout the project, we have received 105 registrations with an average attendance of 50 per week across 3 classes.

The participants provided testimonials, stating they ‘loved the exercise and modification of exercise in accordance with their health and body’ and how it was their ‘first yoga class and enjoyed it to the core.’

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HCC Men Fitness Classes

Hedgecock Community Centre recognises that many individuals avoid traditional gym workouts due to low self‐ confidence, the inability to commit, or the financial burden of a monthly gym membership. To address these barriers, in partnership with Boxers Fitness Academy (BFA), we have introduced a High‐Intensity Interval Training (HIIT) class specifically for men. This programme is designed to help residents of the London Borough of Barking and Dagenham (LBBD) get fit, healthy, and develop a positive mindset.

Using a variety of equipment, the class offers a comprehensive workout aimed at improving overall fitness. We are proud to report that 16 participants attend these regular sessions, many of whom have already noticed significant improvements in their health and well‐being.

To ensure affordability and inclusivity, the fitness class is offered at a low fee of £3 per session or a quarterly charge of £15, helping to cover the partial running costs while keeping it accessible to all members of the community.

HCC Heritage Heroes

Over the past year, the "Heritage Heroes" programme has far exceeded expectations, fostering strong connections between students and their parents, and culminating in an outstanding end‐of‐term pantomime that resonated deeply with both students and grandparents. Despite initial challenges in outsourcing cultural expertise, our resourceful team successfully localised skills within the community, significantly reducing costs while offering a rich variety of cultural activities.

To ensure consistent engagement, we employed innovative communication strategies such as a dedicated WhatsApp group and gamification techniques, which promoted ongoing participation from both parents and children throughout the programme. These efforts ensured that the engagement remained interactive and exciting.

Survey results and community feedback have strongly highlighted the programme’s success, particularly in strengthening cultural identity and fostering intergenerational bonds. While there were some setbacks along the way, our proactive approach and carefully tailored resources have underscored our commitment to preserving linguistic and cultural heritage for future generations.

Dragonboat

Hedgecock Community Centre successfully delivered a 24‐week dragon boating program, offering women from our local community the unique opportunity to participate in this exciting water sport. As a non‐impact activity, dragon boating not only improved participants’ physical health and well‐being but also provided significant mental and social benefits.

This initiative was particularly special as it introduced a sport not commonly available in our borough or neighbouring areas. Partnering with Typhoon Dragon Boat Club, we provided a safe and inclusive platform for women to explore a team‐based sport, fostering community spirit and personal growth. Many participants have since continued pursuing dragon boating through local clubs, highlighting the lasting impact of this program. This success exemplifies our commitment to innovative and meaningful community engagement.

Page 8

HCC Community Events

HCC Fun Day

HCC Fun Day has been conducted annually to build stronger cohesion amongst the community. It enables all of the London Borough of Barking Dagenham to come together, socialise and rejoice in the summer holidays whether it is purchasing from stalls or participating in competitions. This year, as our Heritage Heroes came to an end, we had themed across cultural awareness fun day where different cultural were invited to join the event.

HCC Annual Volunteer Dinner/Review

At Hedgecock Community Centre (HCC), we deeply value the dedication and hard work of our volunteers, who generously give their time and services to support the community. Their contributions are essential to the success of our projects and events, and we are committed to ensuring their efforts are acknowledged.

As a token of our appreciation, HCC hosts an annual dinner for our volunteers. This event not only serves as an opportunity to express our gratitude but also provides a platform to review the year's events and gather valuable feedback on potential improvements. We believe that by listening to our volunteers and recognising their input, we can continue to enhance the services we provide to the community.

HCC Expansion

Hedgecock Community Centre has experienced a significant increase in demand for its facilities, particularly during peak hours. As a result, the trustees have proactively engaged with the local council to discuss an expansion of the centre. This expansion would enable us to provide additional services and better meet the needs of the residents of the London Borough of Barking and Dagenham.

In response to this growing demand, Hedgecock Community Centre has been actively exploring options for the installation of a portable cabin. We are currently in the process of identifying suitable suppliers and investigating various avenues to secure the necessary funding for this project. The expansion will allow us to enhance our service offering and accommodate more community groups, further solidifying our role as a central hub for the local community.

External Services at HCC

Self‐Defence/Martial Arts Classes

In Hedgecock Community Centre there are currently 2 groups conducting martial arts/self‐defence classes being provided by Rising Muay Thai, Silverback Taekwondo (Ages 6 – 18)

Religious Activities

Barking Community Forum (BCF) provides a communal Islamic prayer for the Muslim community every Friday from 12 pm – 2 pm. This allows Muslims around the borough and Muslim staff from NHS Barking Medical Group ease of access to attend their compulsory Friday Prayers. BCF has also provided Ramadan night prayers after successfully getting permission from the LBBD Council.

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Zion Hills Ministries (ZHM) is a church organisation that provides weekly Sunday church services for the local community.

Tuition Groups and Supplementary Classes

There are currently three supplementary classes providing their services for the community. This includes Inkwell Institute (Ages 6 – 18), Idea Academy (providing tuition service for KS2/3, GCSE, and A‐levels) and Kumon Academy.

Each tuition group averages approximately 30‐40 students every week providing beneficial classes to the young people of LBBD for their brighter future.

Fitness and Health

In addition to the Hedgecock Community Centre project, there are service providers who provide alternative sessions. These are an elderly yoga session provided by Young at Heart Yoga, Sam’s Bootcamp, and mini athletics for young kids (ages 2 – 7 yrs.).

These are open to all residents in LBBD to participate in the fitness program to stay fit and healthy as well as learn new exercises to reduce body fat, and stress or improve mental health. Each group averages approx. 15 – 20 attendees every week.

Community Groups

There were a variety of community groups using HCC premises for workshops, language classes, and seminars. An Upney women’s group provided beneficial workshops and social networking on a once‐a‐week basis. There were approx. 20 – 30 attendees weekly.

A weekly men’s cultural study group is provided every week where they socialise, learn, and discuss their cultural values. There are approximately 10 – 15 attendees.

Private Events

The Hedgecock Community Centre is available for the public to hire for a variety of events. These include private events such as Mehndi, birthdays, anniversary parties, etc. The centre was also used by service providers to promote different workshops or used by focus groups to research public opinion. Some public events include the Science Week Fair, anti‐knife crime workshop, dementia awareness, building of new social housing, seminars, and many more. All events were aligned with the COVID restrictions and risk mitigation in place.

Staff and Volunteers

Our staff and volunteers at Hedgecock Community Centre have been working exceptionally hard to maintain the centre and provide a diverse range of projects and services to the local community. Their dedication has been instrumental in ensuring the smooth operation of the centre and the success of numerous community initiatives.

In addition to our core team, we have seen a significant rise in volunteers stepping forward to support events such as the fun day, tournaments, and other key activities. We are particularly proud of the young participants from our youth club who have shown a strong commitment to volunteering. Their enthusiasm and contributions have been invaluable in helping to organise and run events and workshops at the centre.

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This growing involvement from volunteers across all age groups highlights the strength of community spirit at Hedgecock, and we are grateful for their continued support in helping us serve the local community.

Looking Ahead: Strategic Focus for the Next Financial Year

At Hedgecock Community Centre (HCC), we are committed to continuously enhancing our services by implementing new projects and attracting diverse service providers. We place great value on the feedback received from previous events, using it to inform our strategies for improvement. Our aim is to develop effective fundraising strategies that will allow us to introduce new initiatives and enhance our existing offerings. For the upcoming financial year, we will concentrate on the following key areas:

• Review Pricing Strategy to Address Rental Costs : Although rent was imposed on HCC from August 2023, we successfully negotiated an extension of the rent‐free period. A comprehensive pricing strategy will be discussed and implemented in the next financial year to manage the upcoming rental obligations effectively while maintaining affordability for our service users.

Through these focused efforts, we aim to strengthen our community impact and provide valuable resources that enrich the lives of those we serve at HCC.

The centre report was approved by the board of trustees on and signed on behalf of Hedgecock Community Centre:

Nazir Ali Chairman, Hedgecock Community Centre Ltd Date: 20[th] December 2024

Page 111

Annual Account

Independent Examiner's Report to the Trustees of Hedgecock Community Centre Limited

Independent examiner's report to the trustees of Hedgecock Community Centre Limited ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's 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 charity'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.

Independent examiner's statement

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:

  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.

Askir Ali

Quilfords Limited Chartered Certified Accountants 113 Romford Road London E15 4LY

20/12/2024 Date: .............................................

Page 122

Hedgecock Community Centre Limited

Statement of Financial Activities for the Year Ended 31 March 2024

Unrestricted
Restricted
fund
fund
Notes
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
22
31,634
Other trading activities
2
51,044
-
Total
51,066
31,634
EXPENDITURE ON
Raising funds
3
52,169
30,845
Other
436
-
Total
52,605
30,845
NET INCOME/(EXPENDITURE)
(1,539)
789
RECONCILIATION OF FUNDS
Total funds brought forward
13,034
25,906
TOTAL FUNDS CARRIED FORWARD
11,495
26,695		 31.3.24
31.3.23
Total
Total
funds
funds
£
£
31,656
30,585
51,044
41,441
82,700
72,026
83,014
66,053
436
1,961
83,450
68,014
(750)
4,012
38,940
34,928
38,190
38,940

The notes form part of these financial statements

Page 13

Hedgecock Community Centre Limited

Balance Sheet 31 March 2024

Unrestricted
Restricted
fund
fund
Notes
£
£
CURRENT ASSETS
Debtors
7
2,276
-
Cash at bank and in hand
11,126
26,695
13,402
26,695
CREDITORS
Amounts falling due within one year
8
(1,907)
-
NET CURRENT ASSETS
11,495
26,695
TOTAL ASSETS LESS CURRENT
LIABILITIES
11,495
26,695
NET ASSETS
11,495
26,695
FUNDS
9
Unrestricted funds
Restricted funds
TOTAL FUNDS		 31.3.24
Total
funds
£
2,276
37,821
40,097
(1,907)
38,190
38,190
38,190
11,495
26,695
38,190		 31.3.23
Total
funds
£
1,126
39,309
40,435
(1,495)
38,940
38,940
38,940
13,034
25,906
38,940

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

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continued...

Hedgecock Community Centre Limited

Balance Sheet - continued

31 March 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime .

. ,

The financial statements were approved by'the Board of Trustees and authorised for issue on 20th December 2024, and were signe� on its behalf by:

Monir Ahmad - Treasurer

The notes form part of these financial statements

Page 15

Hedgecock Community Centre Limited

Notes to the Financial Statements for the Year Ended 31 March 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

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 a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

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Hedgecock Community Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

2. OTHER TRADING ACTIVITIES

Hall hire
3.
RAISING FUNDS
Raising donations and legacies
LMCT - HiiT Me Up and Yoga
LBBD NCIL Funding - Power Hour
Charitable events & activities
Health and wellbeing events
London Marathon Foundation
LBBD NCIL - Paddle Power
Heritage Heroes
Support costs		 31.3.24
£
51,044
31.3.24
£
-
4,574
824
-
17,439
8,832
10,000
41,345
83,014		 31.3.23
£
41,441
31.3.23
£
9,515
5,424
1,226
2,500
-
-
-
47,388
66,053

4. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

5. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.3.24 31.3.23
Centre Coordinator 1 1

No employees received emoluments in excess of £60,000.

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continued...

Hedgecock Community Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES FINANCIAL ACTIVITIES
Unrestricted Restricted Total
fund fund funds
£ £ £
INCOME AND ENDOWMENTS FROM
Donations and legacies - 30,585 30,585
Other trading activities 41,441 - 41,441
Total 41,441 30,585 72,026
EXPENDITURE ON
Raising funds 51,114 14,939 66,053
Other 1,961 - 1,961
Total 53,075 14,939 68,014
NET INCOME/(EXPENDITURE) (11,634) 15,646 4,012
RECONCILIATION OF FUNDS
Total funds brought forward 24,668 10,260 34,928
TOTAL FUNDS CARRIED FORWARD 13,034 25,906 38,940
7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade debtors 2,276 1,126

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continued...

Hedgecock Community Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Other creditors 1,907 1,495
9. MOVEMENT IN FUNDS
Net
movement At
At 1.4.23 in funds 31.3.24
£ £ £
Unrestricted funds
General fund 13,034 (1,539) 11,495
Restricted funds
Restricted 25,906 789 26,695
TOTAL FUNDS 38,940 (750) 38,190
Net movement in funds, included in the above are as follows:
Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 51,066 (52,605) (1,539)
Restricted funds
Restricted 31,634 (30,845) 789
TOTAL FUNDS 82,700 (83,450) (750)

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continued...

Hedgecock Community Centre Limited

Notes to the Financial Statements - continued for the Year Ended 31 March 2024

9. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS		 Net
movement
At 1.4.22
in funds
£
£
24,668
(11,634)
10,260
15,646
34,928
4,012		 At
31.3.23
£
13,034
25,906
38,940

Comparative net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 41,441 (53,075) (11,634)
Restricted funds
Restricted 30,585 (14,939) 15,646
TOTAL FUNDS 72,026 (68,014) 4,012

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Restricted funds
Restricted
TOTAL FUNDS		 Net
movement
At 1.4.22
in funds
£
£
24,668
(13,173)
10,260
16,435
34,928
3,262		 At
31.3.24
£
11,495
26,695
38,190

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continued...

Hedgecock Community Centre Limited

Notes to the Financial Statements - continued

for the Year Ended 31 March 2024

9. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 92,507 (105,680) (13,173)
Restricted funds
Restricted 62,219 (45,784) 16,435
TOTAL FUNDS 154,726 (151,464) 3,262

10. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

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Hedgecock Community Centre Limited

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24 31.3.23
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Donations 755 527
Grants 30,879 30,058
Membership Fees 22 -
31,656 30,585
Other trading activities
Hall hire 51,044 41,441
Total incoming resources 82,700 72,026
EXPENDITURE
Raising donations and legacies
London Marathon Charitable Trust (LMCT) - 9,515
LBBD NCIL Funding - Power Hour 4,574 5,424
Charitable events & activities 824 1,226
Health and wellbeing events - 2,500
London Marathon Foundation 17,439 -
LBBD NCIL - Paddle Power 8,832 -
Heritage Heroes 10,000 -
41,669 18,665
Other
Repairs & maintenance 436 1,961
Support costs
Finance
Bank charges 112 117
Administrative expenses
Wages 18,640 19,819
Insurance 520 416
Light and heat 3,763 8,935
Carried forward 22,923 29,170

This page does not form part of the statutory financial statements

Page 222

Hedgecock Community Centre Limited

Detailed Statement of Financial Activities for the Year Ended 31 March 2024

Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24 31.3.23
£ £
Administrative expenses
Brought forward 22,923 29,170
Telephone 232 278
Postage and stationery 97 572
Miscellaneous 535 1,708
Cleaning 1,663 2,300
Website 194 115
Training 186 77
Refreshments 1,508 1,634
Subscription 165 35
Equipment expenses 1,762 1,027
Project worker - 336
Bid writer 1,188 6,120
Youth project 131 894
Waste management 1,056 1,719
Caretaker 8,420 -
Office expenses 35 -
40,095 45,985
Governance costs
Accountancy and legal fees 1,020 1,020
Legal fees 118 266
1,138 1,286
Total resources expended 83,450 68,014
Net (expenditure)/income (750) 4,012

Page 23 22

Acknowledgements Barking& Dagenham ItISPMIlMQ Lvcr LONDON MARATHON CHARITABLE TRUST AcvIv￿y TKO Future M. , .L.D.S Communities BOXING CLUB Madtrpo￿b￿eWrth Heritage Fund Page 24