Charity number: 1184828
THE FRIENDS OF HARROW WEALD
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

THE FRIENDS OF HARROW WEALD
CONTENTS
Page
Reference and administrative details of the Charity. its Trustees and advisers
Trustees. report
statement of financial activities
Balance Sheet
Notes to the financial statements
8-14

THE FRIENDS OF HARROW WEALD
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2021
Trustees
R Vaughan
N Barber
Charity registered
number
1184828
Principal office
80 Boxtree Lane
Harrow
London
HA3 6JN
Bankers
HSBC Bank plc
1 Centenary Square
Birmingham
B1 1HQ
Page 1

THE FRIENDS OF HARROW WEALD
TRUSTEES. REPORT
FOR THE YEAR ENDED 31 DECEMBER 2021
The Trustees present their annual report together with the financial statements of the The Friends of Harrow
Weald for the year 1 January 2021 to 31 December 2021.
Objectives and activities
a. Polieies and objectives
The charity's object is lo further or benefit the residents of Harrow Weald, and the neighbourhood, by associating
together the said residents and the local authority, (London Borough of Harrow), voluntary and other
organisations in a common effort to advance education and to provide facilities in the interests of social weWare
for ￿e￿allOn and leisure lime occupation with the objective of improving the conditions of life for the resident.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidanee
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit." running 8
charity IPB21'.
b. Strategies for achieving objeetives
The Friends of H8rr()w Weald will run a cafe (the P8rkLife Café) and facilitate eommunity aclivilies.
P8rkLife Café is 8 community initiative designed to bring people together, support nature, and provide new park
facilities without incurring ongoing societal costs. Funded by donations and volunteer efforts, P8rkLife fosters
community spirit and cooperation.
We develop projects for everyone lo enjoy, including the growth of our Busby Clubs, where earers e8n come to
ParkLife lo relax and connect with others. Our Harmony Hubs celebrate and educate about cultuffil and religious
differences. We 81so support local charities by offering free meals for up to 25 people, providing a relaxing
bonding session as a thank you for their work.
ParkLife aims to bring the community together through 8 series of talks and sessions by researchers, volunteers,
and other community-minded individuals. As part of our broader goal, we are working towards creating the
Harrow Weald Health Hub, integrating all our projects and acb'vities in harmony with the ParkLife mission.
c. Activities undertaken to achieve objeetives
During the year, cafe set up activities were undertaken, with the Cafe opening in November 2021.
Additionally, we have started eollabor8ting with the Harrow Art Society, planning bimonthly "Meet the Artisv,
sessions.
Page 2

THE FRIENDS OF HARROW WEALD
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2021
Objectives and activities leontinuedl
d. Main activities undertaken to further the Charity's purposes for the public benefit
The public benefits of the P8rkLife Café project are as follows".
Community Cohesion: ParkLife Café fosters a sense of community by bringing people together through various
inclusive projects and events, promoting social harmony and mutual understanding.
Support for Nature- The initiative supports environmental conservation efforts within the park, enhancing green
spaces for public enjoyment and ecologic81 health.
Enhanced Facilities- ParkLife provides new amenities and facilities previously unavailable to park users,
improving the overall park experience.
Cost-Effieient: The project operates without imposing ongoing costs on society, relying on donations and
volunteer efforts, making it a sustainable community model.
Cuftural Education: Harmony Hubs and other cultural events educate the public about cultural and religious
differènces, fostering tolerance and diversity.
Support for Carers: The growth of Busby Clubs offers earers a space to re18x and connect with others,
providing much-needed respite and support.
Charity Support: Local charities benefit from free meals and bonding sessions, recognizing and rewarding their
contributions to the community.
Health and Wellbeing.. The initiative contributes to public health through the planned Harrow Weald Health Hub,
offering talks and sessions that promote well-being and he81thy living.
Art and Culture: co118boralion with the Harrow Art Society introduces art to the community through bimonthly
'Meel the Artist sessions, enriching the cultural life of the area.
Volunteèr Opportunities- The project provides numerous opportunities for volunteerism, eneour8ging civic
engagement and personal growth among participants.
Aehievements and performance
a. Main achievements of the Charity
Limited activity took place due to the Covid pandemic. However the Cafe was opened in November 2021.
Financial review
a. Going coneem
After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate
resources to eontinue in operational existence for the foreseeable futu￿. For this reason, they continue lo adopt
the going eoncern basis in preparing thè financial stalemenls. Further details regarding the adoption of the going
COn￿M basis can be found in the accounting policies.
Page 3

THE FRIENDS OF HARROW WEALD
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2021
b. Reserves policy
We plan to have a reserves policy of al le8St £15,000, growing this in line with costs and activities e8ch year.
c. Finacial review
The Friends of Harrow Weald generated unrestricted income lotalling £12,216 in the period to 31 December
2020. Costs of £12,065 were incurred. The unrestricted surplus for the period was £151.
A restricted grant for £5,000 was also received. No expenditure was made against this in the period.
Structure, govemance and management
a. Constitution
The Friends of Harrow Weald is a registered charity, number 1184828, and is eonslituled under a CIO
Constitution.
b. Methods of appointment or election of Trustees
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
terms of the Conslitulion.
Statement of Trustees. responsibilities
The Trustees are responsible for preparing the Trustees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Ac￿pIed Accounting
Practice).
The law applicable to charities in England & Wales requires the Trustees to prepare financial statements for
each financial year which give 8 true and fair view of the state of affairs of the Charity and of ils incoming
resources and application of resources, induding its income and expenditure, for that period. In preparing these
financial statements, the Trustees are required lo".
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021",
make judgments and accounting estimates that are reasonable and prudent",
stale whether applicable UK Accounting Standards IFRS 1021 have been followed, subject lo any material
departures disclosed and explained in the financial stalemenls.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain
the Charity's transactions and disclose with reasonable accuracy al any time the financial position of the Charity
and enable them lo ensure that the financial statements comply with the Charities Act 2011, the Charity
(Accounts and Reports) Regulations 2008 and the provisions of the CIO Constilulion. They are also responsible
for safeguarding the assets of the Charity and hence for tsking reasonable steps for the prevention and detection
of fraud and other irregularities.
Page 4

THE FRIENDS OF HARROW WEALD
TRUSTEES. REPORT {CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2021
Approved by order of the members of the board of Trustees and signed on their behalf by".
E VawhaK
R Vaughan
ITrusteel
Dale. 0610712024
Page 5

THE FRIENDS OF HARROW WEALD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2021
Total
Total
funds
funds period ended
2021
2020
Unrestricted
funds
2021
Restricted
funds
2021
Note
Income from:
Donations and legacies
Charitable activities
8,893
3.323
5,000
13,893
3.323
Total income
12,216
5,000
17,216
Expenditure on:
Charitable activities
12.065
12.065
Total expendlture
12,065
12,065
Net movemgnt in funds
151
5,000
5,151
Roconciliation of funds:
Nel movement in funds
151
5,000
5.151
Total funds carried forward
151
5,000
5,151
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 8 10 14 form part of these financial slatemenls.
Page 6

THE FRIENDS OF HARROW WEALD
BALANCE SHEET
AS AT 31 DECEMBER 2021
2021
2020
Note
Fixed assets
Tangible assets
2,878
2.878
Current assets
Cash al bank and in hand
6,784
7.860
6.784
7,860
Creditors." amounts falling due within one
year
14,511)
(7,860)
Net current assets
2,273
Total net assets
5,151
Charity funds
Reslricled funds
Unrestricted funds
5.000
151
Total funds
5,151
The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by..
E Va(gkaR
R Vaughan
ITrusteel
Dale.. 0610712024
The notes on pages 8 10 14 form part of these financial statements.
Page 7

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
General information
The Friends of Harrow Weald is a Charitable Incorporated Organisation (England and Wales registered
charity number 11848281. Its principal activity is to work towards transforming parks into the very best
community centres.
Accounting policies
2.1 Basis of preparation of financial ststements
The financial statements have been prepared in accordance with the Charities SORP IFRS 1021
Accounting and Reporting by Charities". Statement of Recommended Practice applicable lo charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 JanLJary 20191, the Financial Reporting Standard
applicable In the UK and Republic of Ireland IFRS 1021 and the Charities Act 2011.
The Friends of Harrow Weald 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.
2.2 Income
All income is recognised once the Charity has entillemenl to the income, il is probable that the
income will be received and the amount of income receivable can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income received for specific purposes bul not expended dLJring the period is shown in the relevant
funds on the Balan￿ sheet. Where income is received In advance of entitlement of receipt, ils
recognition is deferred and included in creditors as deferred Income. Vvhere entitlement occurs
before income is received, the income is accrLJed.
2.3 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit
to a third paty, 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 classified by activity. The costs
of each activity are made up of the total of direct costs and shared costs, including support costs
inVo￿ed in undertaking each activity. Direct costs attributable lo a single activity are allocated directly
to that activity. Shared costs which contribute to more than one activity and support costs which are
not attributable lo a single activity are apportioned between those activities on a basis consistent with
the use of resoLJrces. Central staff costs are allocated on the basis of time spent, and depreciation
charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on direcUy undertaking the activities which further the
Charity's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
Page 8

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies Icontinuedl
2.4 Tangible fixed assets and depreciation
Tangible fixed assets costing £NIL or more are capilalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured al cost less accumulated depreciation and any accumulated impairment
losses. All costs incurred lo bring a tangible fixed asset into its intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their eslimaled useful lives, using the straighl-line method.
Depreciation is provided on the following basis..
Fixtures and fillings
20Qh Slraighl line
2.5 Cash at bank and in hand
Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity
of three months or less from the dale of acquisition or opening of the deposit or similar account.
2.6 Liabilities and provisions
Liabilities are recognised when there is an obligation al the Balan￿ sheet dale as a result of a past
event, it is probable that a transfer of economic benefit will be required in selllemenl, and the amount
of the selllement can be eslimaled reliably.
Liabilities are recognised at the amount that the Charity anlicipales it will pay lo settle the debt or the
amount il has re￿iVed as advanced payments for the goods or services it musl provide.
Provisions are measured at the best estimate of the amounts required lo sellle the obligation. Where
the effect of the lime value of money is material, the provision is based on the present value of those
amounts, discounted at the pre-tax discount rale that reflects the risks specific to the liability. The
unwinding of the discount is recognised in the Slalement of financial activities as a finan￿ cost.
2.7 Financial instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured al their selllemenl value with the ex￿ptIon of bank loans which are subsequently
measured al amortised cost using the effective interest method.
2.8 Period of account
The comparative information covers the period from 8 August 2019 10 31 De￿mber 2020.
Page 9

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Accounting policies Icontinuedl
2.9 Fund accounting
General funds are unreslricled funds which are available for use at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Restricted funds are fvnds which are to be used in accordan￿ with specific reslriclions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes lo the financial statements.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2021
2021
Total
funds
2021
Total
funds
2020
Donations
Grants
8,893
8.893
5,000
5,000
8,893
5,000
13,893
Income from charitable activities
Unrestricted
funds
2021
Total
funds
2021
Total
funds
2020
Community cafe
3,323
3,323
Page 10

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Analysis of expenditure by activities
Activities
undertaken
directly
2021
Support
costs
2021
Total
funds
2021
Total
funds
2020
Community cafe
4,012
8,053
12,065
Analysis of direct costs
Community
cafv
2021
Total
funds
2021
Total
funds
2020
Catering supplies
4,012
4.012
Analysis of support costs
Community
cafe
2021
Total
funds
2021
Total
funds
2020
Depreciation
Rent
Bank charges
Cafe sel up costs
Governance costs
720
2,215
720
2,215
3,613
1,500
3.613
1.500
8,053
8,053
Trustees. remuneration and expenses
During the year, no Trustees re￿iVed any remuneration or other benefits (2020- £NIL).
During the year ended 31 December 2021, no Trustee expenses have been incurred (2020- £NILJ.
Page11

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
Tangible fixed assets
Fixtures and
fittings
Cost or valuatlon
Additions
3,598
At 31 December 2021
3,598
Depreciation
Charge for the year
720
At 31 December 2021
720
Net l)ook value
At 31 December 2021
2,878
At 31 Decembgr 2020
Creditors: Amounts falling due within one year
2021
2020
Other creditors
796
7,860
Accruals and deferred income
3,715
4.511
7, 860
Page 12

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
statement of funds
statement of funds - current year
Balance at
31
December
2021
Income Expenditure
Unrestricted funds
General Funds
12,216
{12.065}
151
Restrlcted funds
Litter picking project
5.000
5.000
Total of funds
17,216
{12.065}
5,151
Statement of funds - prior year
Ba18nce at
31
December
2020
Unrestricted funds
General funds
10. Analysis of net assets between funds
Analysis of net assets between funds - current year
Unrestricted Restricted
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Current assets
2,878
1,784
14,5111
2.878
6,784
14,5111
5,000
Creditors due within one year
Total
151
5,000
5,151
Page 13

THE FRIENDS OF HARROW WEALD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021
10. Analysis of net assets between funds {continuedl
Analysis of net assets between funds - prior year
Unrestricted
funds
2020
Total
funds
2020
Current assets
Creditors due within one year
7,860
(7,860)
7,860
(7,860)
Total
11.
Funds received as agent
During the previous year a grant relating lo The Friends of Harrow Weald Recreation Ground totalling
£20,000 was re￿iVed by the charity. Expenditure on behalf of The Friends of Harrow Weald Recreation
Ground lotalled £7,06312020.' £12,140). £79712020.. £7,860) remained unspent as at 31 December 2021
and is shown under note 8 as a creditor.
12. Related party transactions
During the year expenditure lotalling £7,693 was funded by the trustees relating lo cafe set up costs
lincluded under donations in note 31.
Page 14