Professional Charity Registration No. 1182060
COMMUNITY COLLECTIVE – SE9
(Formerly ST EDWARDS DEVELOPMENT PROJECT) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD TO 31st MARCH 2024
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COMMUNITY COLLECTIVE – SE9
LEGAL AND ADMINISTRATIVE INFORMATION
| Trustees | L R C Harvey (Chair) |
|---|---|
| R Brookes (appointed 20/11/23) | |
| J Cook (appointed 20/11/23) | |
| P Dockree (appointed April 23, resigned 20/11/23) | |
| S Follett (appointed 20/11/23) | |
| M Jack (resigned Aug 23) | |
| K Kelly (resigned 20/11/23) | |
| C A Mills (resigned May 23) | |
| S Moore (appointed 20/11/23) | |
| M A Nye | |
| A A I Robinson (resigned 20/11/23) | |
| Revd Dr C J Shelley (resigned 20/11/23) | |
| R E Slater (resigned 20/11/23) | |
| A Watson (appointed 20/11/23) | |
| C Whitfield (appointed 20/11/23) | |
| K Wickes (resigned 20/11/23) | |
| Charity number | 1182060 |
| Principal address | C/0 21 St Keverne Road |
| Mottingham | |
| London | |
| SE9 4AA | |
| Independent Examiner | B G Hawes |
| Mulberry | |
| Mottingham Lane | |
| London | |
| SE9 4RW | |
| Bankers | Metro Bank Plc |
| Unit 4, Nugent Retail Park | |
| Orpington | |
| BR5 3RP |
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COMMUNITY COLLECTIVE – SE9
CONTENTS
| Page | |
|---|---|
| Trustees' report | 3 – 4 |
| Annual report | 5 |
| Independent Examiner report | 6 |
| Statement of financial activities | 7 |
| Balance sheet | 8 |
| Notes to the financial statements | 9 - 11 |
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COMMUNITY COLLECTIVE – SE9
TRUSTEES' REPORT
FOR THE PERIOD TO 31ST MARCH 2024
The trustees present their report and accounts for the period to 31st March 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity's trust deed, the Charities Act 2011 and 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 (FRS102) (as amended for accounting periods commencing from 1 January 2016).
Objectives and activities
The charity was set up to relieve the needs of the community in Mottingham by; 1) The relief of financial hardship, in particular but not exclusively by the provision of advice and information;
2) The preservation and protection of good physical and mental health;
3) The advancement of education and training of those in the community who are in need thereof so as to advance them in life and assist them to adapt within the wider community;
4) The provision of facilities for recreation or other leisure-time occupation with the object of improving the conditions of life of those persons who have need of such facilities by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances.
The charity was established by a charitable trust deed on 15th February 2019 and registered with the Charity Commission on 15th February 2019.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
Achievements and performance Financial review
During the period the charity received grants of £32,741 other income of £9,451 and investment income of £0.
The charity incurred expenditure totaling £62,085.
It is the policy of the charity that unrestricted reserves should be maintained at a level that will allow the charity to operate for 3 months.
The trustees are of the view that given the size of the funds available and the desire to avoid any risks, that any surplus funds will be invested in cash deposits to maximise the interest receivable by the charity.
The trustees have assessed the major risks to which the charity is exposed and are satisfied
that systems are in place to mitigate exposure to those risks.
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COMMUNITY COLLECTIVE – SE9
TRUSTEES' REPORT (CONTINUED) FOR THE PERIOD TO 31st MARCH 2024
Structure, governance and management
The trustees who served during the period were:
L R C Harvey (Chair) R Brookes (appointed 20/11/23) J Cook (appointed 20/11/23) P Dockree (appointed may 23, resigned 20/11/23) S Follett (appointed 20/11/23) M Jack (resigned Aug 23) K Kelly (resigned 20/11/23) C A Mills (resigned May 23) S Moore (appointed 20/11/23) M A Nye A A I Robinson (resigned 20/11/23) Revd Dr C J Shelley (resigned 20/11/23) R E Slater (resigned 20/11/23) A Watson (appointed 20/11/23) C Whitfield (appointed 20/11/23) K Wickes (resigned 20/11/23)
Trustees are appointed by existing trustees. There must be a minimum of three trustees.
Public Benefit Statement
The Trustees have complied with their duty in section 4 of the Charities Act 2011 to have due regard to guidance published by the Charity Commission.
On behalf of the Trustees
L Harvey Chair/Trustee
Dated. 16[th] August 2024
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COMMUNITY COLLECTIVE – SE9
Annual Report as at 31[st] March 2024
The last 12 months for Community Collective - SE9, formerly StEP, proved Constitutionally very difficult although the delivery of all operating projects, which were gaining in popularity and attendance, were carried out in accordance with the charities aims and plans.
The Charities finances were sound with long term approved funding in place and with potential new activities and projects being considered.
In September 2024, after spurious and unfounded statements by certain St Edwards Church PCC Trustees, a Motion to dissolve the Charity was proposed. Subsequently this Motion was defeated and was followed by all the Church/PCC Trustee resignations. This in turn brought about an agreed Change of Name to Community Collective - SE9 (CC-SE9), and the recruitment of a new independent Trustee Board. Immediately thereafter St Edwards Church gave Notice to the Charity cancelling its Licence to operate in the Church Hall, this meaning projects and activities were unable to continue. Thus operation at the Church Hall address, after failed attempts to obtain terms for a satisfactory new Licence, eventually became untenable and unethical for the continued operation of much needed and valuable community projects.
Our Charity Commission registration was duly changed accordingly and the Charity is still live but has, since January 2024, been laying fallow which obviously means it is no longer actively delivering its projects. However, contact and communication with the community remains, as does the communities desire for CC-SE9 to be back in operation as soon as possible.
Partnerships with other local organisations are being maintained and built upon with future joint ventures under consideration. Potential new venues are being sought, as is the possibility of operating in a completely different way - with and for the local community.
CC-SE9 has existing funding to see it through another 12 months, although as a result of the actions taken at the back end of 2023 by the Church it has been necessary to make its paid staff redundant. The new Trustees are still very much committed to moving the Charity forward and will continue to look for opportunities for further funding in order to fulfil and deliver its aims and objectives to the community.
Overcoming the adversities of 2023 has given CC-SE9 a determination to move forward, supporting and empowering the community which has always been a core value, aim and drive and to show the challengers that this Charity has not lost sight of what is truly important….people, in particular the local community of Mottingham.
L Harvey, Chair of Trustees. 2024
L J Bell Treasurer. August
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COMMUNITY COLLECTIVE – SE9
STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT
For the Period to 31st MARCH 2024
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| Note | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | ||
| Incoming Resources | |||||
| Grants | 2 | 0 | 32,741 | 32,741 | 55,124 |
| Investment Income | 3 | 0 | 0 | 0 | 0 |
| Fund Raising Activities via Projects | 4 | 8,314 | 1,138 | 9,452 | 12,933 |
| Total Incoming Resources | 8,314 | 33,879 | 42,193 | 68,057 | |
| Resources Expended | 5 | 12,301 | 49,784 | 62,085 | 55,169 |
| Fixed Asset Depreciation | 6 | 0 | 0 | 0 | 0 |
| Net Incoming (Outgoing) Resources | (3,987) | (15,905) |
(19,892) | 12,888 | |
| Transfers between Funds | 9,146 | (9,146) | 0 | 0 | |
| Net Movement in Funds for the Period | 5,159 |
(25,051) |
(19,892) | 12,888 | |
| Balance Brought Forward 31 stMarch 2023 |
12,951 | 25,051 | 38,002 | 25,114 | |
| Balance Carried Forward 31stMarch 2024 | 18,110 | 0 | 18,110 | 38,002 |
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COMMUNITY COLLECTIVE – SE9
BALANCE SHEET
AS AT 31ST MARCH 2024
| Note | 2024 | 2023 | |
|---|---|---|---|
| £ | £ | ||
| Fixed Assets | 6 | 0 | 0 |
| Current Assets | |||
| Bank Current Account | 25,289 | 19,974 | |
| Cash in hand | 67 | 1,482 | |
| Debtor | 7 | 0 | 17,138 |
| Total Assets | 25,356 | 38,594 | |
| Liabilities | |||
| Creditor due within 1 year | 8 | 7,246 | 592 |
| Net Assets | 18,110 | 38,002 | |
| Funds represented by | |||
| Restricted Funds | 9 | 0 | 25,051 |
| Unrestricted Funds | 18,110 | 12,951 | |
| Total Funds | 18,110 | 38,002 |
The accounts were approved by the Trustees on 16[th] August 2024
Date 16[th] August 2024
L Harvey S Moore Chair/Trustee Trustee
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COMMUNITY COLLECTIVE – SE9
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD TO 31ST MARCH 2024
1 Accounting policies
Charity information
Community Collective – SE9 is an unincorporated charity.
1.1 Accounting convention
These accounts have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102"), "Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011 and UK Generally Accepted Accounting Practice (as amended for accounting periods commencing from 1 January 2016). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
1.2 Going concern
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
1.3 Charitable funds
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes.
1.4 Incoming resources
All incoming resources are included in the statement of financial activities when the charity becomes entitled to the income and the amounts can be measured reliably.
Voluntary income and investment income are accounted for on a receivable basis.
1.5 Resources expended
Expenditure is included on an accruals basis.
Grants payable are charged in the year when the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.
1.6 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other shortterm liquid investments with original maturities of three months or less.
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COMMUNIUTY COLLECTIVE – SE9
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD TO 31st MARCH 2024
| 2024 | 2023 | ||
|---|---|---|---|
| £ | £ | ||
| 2 | Grant income | 32,741 | 55,124 |
| 3 | Investment income | 0 | 0 |
| 4 | Project Raised funds | 9,451 | 12,933 |
Funds raised related mainly to contributions received for the use of the services and catering provided
5 Cost of Charitable activities
| Restricted fund costs £49,784 | |||
|---|---|---|---|
| Unrestricted fund costs £12,301 | |||
| 62,085 | 55,169 | ||
| 6 | Fixed Assets | ||
| Balance at 31st March 2023 | 0 | ||
| Balance at 31st March 2024 | 0 | ||
| 7 | Debtors | ||
| Community Grant | 0 | 16,667 | |
| Insurance paid in advance | 0 | 419 | |
| Prepaid Website fee | 0 | 52 | |
| Total | 0 | 17,138 | |
| 8 | Creditors | ||
| Creditors due within 1 year | |||
| Restricted Funds | |||
| Total | |||
| 0 | 0 | ||
| Unrestricted Funds | |||
| HMRC & Pension | 472 | 462 | |
| Redundancy Costs | 6,774 | 0 | |
| Utilities | 0 | 130 | |
| Total | 7,246 | 592 |
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COMMUNITY COLLECTIVE – SE9
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD TO 31st MARCH 2024
9 Restricted Funds:
Restricted Funds at 31st March 2024 consisted of: £0
Total 0 25,051
10 Grants Payable - Nil
11 Trustees
The following Trustee received payments from the Charity during the year:
L R C Harvey for Professional Counselling Services £1,400
Other than these payments none of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
12 Employees
The Charity employed a Project Manager, and an Administrator during the year and 2 part-time selfemployed support workers.
13 Related parties
There are no related parties.
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