Charlty number.. 210270
CAXTON HOUSE SETTLEMENT
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
RPGCC
Chartered A¢countanls & Statutory AudilL¥
40 Grac6church Street
London
EC3V OBT

CAXTON HOUSE SETTLEMENT
CONTENTS
Page
Reference and administrative details of the charity, its Trustep5 and advisers
Chair's statement
Trustees, report
Trustees, responsibilities statement
Independent examinels report
Statement of financial activities
4-10
12-13
14
Balanc8 sheel
15
Notes lo the financi81 ststements
16-33

CAXTON HOUSE SETTLEMENT
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2024
Trustees
M Campbell lappoir.ted 21 nclober 2024)
M Spall, Chair
S Camp
S Daley
M F8cey (appointed 21 October 2024)
Kurdiski ￿ Middle Eastem Womei)'s Org8nisalion (represented by S Salim)
London Capital Credit Union {Tepresentgd by H Baron)
Experience Archery Irepresented by L Piltisl
Charity reglstered
nurn￿r
210270
Princip81 office
129 st John's Way
Isllnglon
London
N193RQ
Holding Trustees
J Corbyn MP
Cllr. M Ngongo
Jacquline Willlams
Chief Executive
Paul Furzè
Accounlants
RPG Crouch Chapman LLP
Chartered Accountants
40 Gracechurch Street
London
EC3V OBT
Bankers
CAF Bank Llmited
Kings Hill
West Malllng
Kent
ME19 4TA
Independent Examlner Jeremv Tyrrell BA {Hons) FCA
RPG Crouch Chapman LLP
Chartered Accountants
40 Gracechurch Street
London
EC3V OBT
Pagè 1

CAXTON HOUSE SEfTLEMENT
CHAIR'S STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
The chair presents her statement for the year.
Over the past 12 months, Caxton House has experfenced an unprecedented level of actlvity. Our
premises are in use 7 days a week, often late into the evening. During this tlme, we have significantly
expanded the range of programmes and serVI￿S we offpr, covering themes such as health. well-
belng. and education. We are delivering an average of 34 projects each week. half of which are
partnership initiatives developed in collaboration with local community groups. Addllion8lly, we have
hosted a ranoe of community and Cost-of-Living events in partnership wllh over 20 organlsatlons.
with support from 60+ volunteers. During Ihls period, Islington Council has awarded us a core grant
up lo 2028 enabling us to build these valuable partnerships and addre55 the Council's key priorities.
In the past year, Caxton House has made signiftcant strides in reducing its relian￿ on fossll fuels.
We have instslled an air source heal pump as part of a comprehensive relrofil and decarbonisation
effort. Additionally, we have implemented mechanical ventilalM)n with heal recovery units, which wlll
improve air quality for all our staff, volunteers, and centre users, while enhan¢ing the building's
energy efficiency and lowering operating costs. Notably, these ￿ r￿W systems are projected lo cul
our annual carbon emissions by 18.5 lonnes. We have implemented a robust system for closely
monitoring data from each individual space within our building, allowing us lo ensure that all areas are
reaching their full healing potential and operating al maximum efficiency. By closely tracking this data
over the course of the next 12 months, we will be able to gain valuable insights that will directly inform
and gulde our future efforts to maintain an exceptionally energy*ffi¢ient bullding.
Caxton House has a dlverse revenue model that all¢)ws us to maintain a stable financial fooling and
continue fijlfilling our vltal role as 8 community partner in the London Borough of Islinglon. We
continue lo generate income through 2 varfety of channels, both by securing external granls and
donations as well as through the effective management of our physical premises. The core grant
provided by Islington Counell serves as an essentlal bedrock, supporbng somg baseline operational
costs. Havlng a varied Income source provldes a crucial buffer against potential fluctuations or
downturns in any slngle revenue stream. ensuring we can weather unexpected challenges.
Importantly, this funding model empowers Caxton House to focus squarely on its mission of delivering
high-impact services and a¢tivities tailored to the unique needs of the local communities. The council
has long recognized the immense value that voluntary sector organisalions like Caxton House brlng,
providing a lifeline of essential seNices. educational opportunities. and community engagement
initiatives. C8Xton House appreciates Islinglon Council's continued support and partnership,
supportSng our position as a slraiegic nelghborhood anchor, responsive lo the evolvlng needs of lo-
r85idents and steadfast in our commitment to fosterlng a more equitable and vibrant Islinglon.
Ve are fr.-
"those finavicial support has been instrumental in sustaining and
advancing our important WOTk over the pasl year. Their Invaluable conlribullons have enabled us lo
continue delivering much needed services and programmes to our Gommunities, expandlng our reach
and impact arsd supporting our commitment lo making a tangible differ&nce in people's lives.
Alongside this financial backing, we are also incredibly thankful for th8 tsreless efforts of our dedlcated
volunteers, donating their time, energy and expertise. We also thank our partners in other Isllngton
Hubs and cenlres, as by working in close coordination and shafing resources. we've been able to
maximize our collective impact and better serve the diverse needs of our shared communltles.
My thanks, as always. to Paul Furz8. Sue Collin- and our staff and volunteers for the long hours,
expertlse and enthusiasm that they bring lo their roles here.
Page 2

CAXTON HOUSE sErrLEMENT
CHAIR'S STATEMENT {CONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
In addition, I wish lo thank all thoge involved in running projects at Caxton House who have taken
tlme lo help others here. l also b 'lend my thanks to the Iv1anagement Committee, including the li
new member5 who have ￿centlY joined, as well as the holding Iruslees Jeremy Corbyn MP,
Jacquline Williams and Michelline Ngongo. A thank you loo to my fellow Ward Councillors for their
nonlinued *iir*f&rn
Finally, my thanks lo our independent examiner, Jeremy Tyrrell
Marian Spall
Chalr of the Managemenl Commlttee
Dale:
Page 3

CAXTON HOUSE SETTLEMENT
TRUSTEES, REPORT
FnR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report logelh6r with the financlal statements of the Caxton House
Settlement for the 1 Aprll 2023 10 31 March 2024.
Ob'8cINe5 and aGtiviti&g
a. Policies and objecllves
The objects of the Charily are to provide soclal amenlties for the community in the London Borough of
Islinglon.
Caxton House Settlement is a well-eslablished -ommunity centre that focuses on a range of
regeneration, education and heallh programmes tackling social exclusion. crime and housing related
issue8.
Our alms and objectives are broadly defined as-
1) Provldlng access lo facllltles or seNices which would othewisè bé too cO￿Y or difficult for local
people lo obtain.
2) Generating self-developmenl and education opportunllles.
3) Organising social groups, advtce surgeries and support groups.
4) Collaborating and ￿e￿OrkIng wSlh Indlvlduals, the local authorlty, voluntary oryanSsations and
other community projects.
In selling objectives and planning for activities. the Trustees have given due consideration lo general
guldance published by the Charity Commlssion rolating to public bewfll, induding tho guidance
'Public benefit.. running a charity IPB2)'.
Achie￿mentS and erformance
a. Main achievements of the ¢harlty
Caxton House is a long established multi purpose Community Centre that provides a wide range of
diversa, Innovative, highly responsive and Community led servlces and acti￿lIeS to the local
neighbourh¢)od,
Our primary fo¢us Is to lake a leading role In the empowerm8nt of deprived neighbourhoods and
communities, to bring resources and promote cohesion. Our commilment lo multiple grass roots
services are assessed and InflUen￿d by the unique needs of our diverse communities and the local
neighbourhood. We have a proven track record in delivering an innovative programme of services
and activities aimed al preventlng and improving a wide range of compfex local issues in¢lud1ng
heelth inequalities, employabilily, well being and a¢￿sS to high quality advice.
We have initiated a wlde range of partnerships lo br¢)aden the interagency servi¢e delivery from our
¢enlre and avoid duplication to ensu￿ our local ¢ommunili&s have ac¢e5S to the widest possible
range of seNices and activities helping lo tackle key issues in the neighbourhood. We place local
residents at the centre of provlsion driven by identified local needs, and through a varlety of
monitorlng. consultation and feedback, are able lo ensure resident engagement in the design of all
our seNices and aclivilies.
P8ge 4

CAXTON HOUSE SETTI FMENT
TRUSTEES, REPORT ICONTINUEDI
THEYEAR ENDED 31 MARCH 2024
Achievernents and performance (conlinuedl
In the past year, Caxton House has continued to strengthen the growth and development of our
¢entre. We continue lo be 851ablished as a strategic focal polnt for Ihe local neighbourhood and lo
maximise our range of services and aclivi118s by continuing to bring in complementary organisatlons
that have en8bled us lo continue lo diversify the service offer from our cenlre, consolidating us as a
slrateglc and practlcal neighbourhood partner and opening up opportunities for more diverse funding
efforts.
Among our achievements are".
Slrenglhening of Ioc81 democracy 8nd resid8nt engagement through th8 Hillrise Ward
Partnershlp.
We continue to be considered an example of Best Practice with regard to Communlty
Engagement and the effective use of space within the ¢enire.
We have continued to woik in partnership with Hillside Clubhouse providing volunteering
2nd training opportunities for adults with mental health issues.
We have continued to develop, manage and deliver a rdnge of health and wellbeing
projects which have addressed social isolation.
We have expanded the opportunity for aceess to good quality health activities which a
free or low cost, helping lo tackle health Inequalities, improve physical fitness and
improve mental health and well-being.
We continue lo work on Ihemalic partnetships with addittonal collaboratlons that brlng In
new resources, skills and join up services locally.
Caxton House has continued in its role as the Locally Trusted Organisa16on for a long
term resident-led initiative.
We have continued with our gardening and food growing projects, and have added
additional outdoor therapeutic crafts to our delivery programme and have started creating
a new contemplation and meditation space.
Wg hav8 continued to work with GoodGym who 9UPPOrt our centre with gardening and
ground maintenance.
We continue with our corporate volunteering programme, whlch has supportèd the cenlre
with refurbishment and upkèep of our @xternal areas and gardèn.
We have continued the work to retrofit and decarbonise th8 centre, installing an air
source heat pump and mechanical ventilation with heat recovery units. The MVHR units
improve air quality in the building for all our staff, volunteers and centre users. while
improving the efficiency of heat dislrlbution in the building and saving on running costs.
Importanlty, these two systems reduce our carbon emissions by 18.5 tonnes each year.
Page 5

CAXTON LIOUSE SETTLEMENT
TRUSTEES. REPORT ICONTINiIEDI
FOR THE YEAR ENDED 31 MARCH 2024
Achievements and performance {continuedl
We have In¢reased the level and rang8 of support we provlde to smaller local groups. thls Includes
assisting wlh financial management. provision of volunteers, marketing and publlclty, admin and
fundraising. We have also provided discounted and free hire space lo a range of local groups and
organisations. Through the charlty In Kind Direct we receive and distribute free goods and equipment
to other groups and organisations. This has enabled Caxton House and the groups we support to
make significant budget savings on core costs which ¢an then be redirected into additional projects
and servlces for local communilles.
We cairy out regular monitoring and feedback sessions with beneficiaries which ciearfy demonstrate
the positive impact our projects and activities have with regards to improved fitness and mobility.
weight loss, increased sense of wellbelng and improved gelf-confidence. These Su￿ey8 provlde an
opportunity for local residents lo inform the design of additional services and aclivslies.
b. Fundraising 8clivltEes and Income generation
We aim to provide a secure and suslalnable funding base for Caxton House's strategic develOpn￿nt
plans. The strategy aims to integrate fundraising and resource mobilisalion as part of Caxton House's
strategic priorities.
Our obleclives..
To embed fundraising as a key function within Caxton House and develop expertise and
>Niii> 11 I iui i(41aioifiy yyiiilin the Maiiageiment Commlttee, staff and volunteers.
To seek out and secure wider-collaboryations with mutually beneficial Thlrd Sector
organisations, and Islington Council to join-up and grow the impact of servlces and
aclivlties locally.
To strengthen the fundraising collaboration between Caxton House, Sslington Council and
other members of the voluntary sector lo devèlop partnership programmes of local
activities and services.
To collaborate on joint-fundraising projects that are community-led. exciting, innovative
and are undorpinned by quality-
Flnanclal revlew
a. Golng concern
Aft&r making appropriate enquiries within the charity, the Tru$tees have a reasonable expectation that
the charity has adequate resources lo continue in operallonal exlslence for the foreseeable future.
For this re8son. they continue to adopt the going concern basis in preparlng the flnanclal ststements.
Further delails regarding the adoption of the going concern basis Can be found in the accounting
policies.
In the year to 31 March 2024, there was an overall surplus of £38,04812023- £51,907). Th8 Trustees
consider this a satisfactory result.
Page 6

CAXTON HOUSE SETTLEMENT
TRUSTEES, REPORT ICONTINUEt)I
FOR THE YEAR ENDED 31 MARCH 2024
Caxton House continues to be a going concern as we have 8 numbe¥ of funded projeGts and are in
the process of developing addltlonal services that will span several years, along with reserves that will
allow us lo continue to dellver our services. We have secured core fL¢nding until 2024 and have
adapted our premlses hire and offices to enable additional services to continue lo operate. We will
ensure we a￿ current with new funding opportunities, in particular Ihose that sUpp￿t any lost income
andlor wre costs.
Our Management Committee wlll continue lo meet regularly to revlew our finanaal position and whe
r¢ecessary, make prudent adjustments to expenditure and reduce costs
b. Reserves policy
To avoid closure if ftjnding difficulties were to happen the Trustees have as a target, the accrual of a
certain level of financial reserves to ensure that main operations can continue for a sel period of Ilme
of not less than 3 months. Or, should the centre face closure, appropriate reseNes will be in place to
cover necessary costs.
Trustees will aim to have in place reserves to cover all or some of the following:
That staff can ¢ontinue working, primarlly to secure new funding.
That the organisalion is able to operate. running activities and services for the eommunity
for a set period of time of not less than 3 months. For this purpose, the charity aims to
hold unrestricted reserves of no less than 3 months, these unreslricled reserves
excluding balances relating to fixed assfyts.
To meet unexpected costs e.g. urgent r&pairs and staffing costs.
c. Flnancial risk management objectives and pollcles
Caxton House continues to operate financial management policies on the basis of fund accounting,
as described In sectlon 1 of the notes to the financial statements.
d. Principal funding
The maln funder of the charity dudng the y8ar lo 31 March 2024 was The London Borough of
Islinglon (£105,257112023: Biffa Award - £75,000). In total, 54% {2023: 59fr￿) of the ¢harity's income
was received from funders through grants and donations.
Structur8
overnan
and mana
ement
a. Constitution
Caxton House Settlement is a reglslered charity, number 210270, and Is constituted under a Trust
deed dated 27 September 1974.
b. Methods of appointment or election of Trustees
I he Man￿Y¥ll1￿1il vi ii-i¥ LiiatlLy Ib the respunsibility of the Trustees who are elected and co-opted
under the temis of the Trust deed.
Page 7

CAXTON HOUSE SETTLEMENT
TRUSTEES. REPOfET ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
structure, govemance and management (Gonllnued)
Organisational stnjcture and declsion-making policies
The management of the charity is the responsibility of the Trustees who are elected 8nd Co￿opted
under the lernis of the Trusl deed.
The Charity is managed by a Management Committee elected by the membership al th8 Annual
General Meeting whose members during the year are set out below.
M. Spall Chair and Hon. Secretary
S. Camp - Vice-chair and Hon. Treasurer
H. Baron
M. Campbell
S. Daley
M. Facey
L. Pillis
S. Sallm
The Management Committee met four times during the year (includirsg virtually}.
d. Financlal risk management
The Trustees have assessed the major risks to which the charity is 8xposed. in particular those
related lo the operations and finances of the charity, and are satisfied that systems 8nd proc8dLsres
are in place lo mitigate exposure to the major risks.
Caxton Houge continues to operate financial management policies on the basis of fund 8ccounling,
as de$crlbed In section 1 of the notes to the financial statements.
Plans for future periods
We wlll ¢ontlnue to promote Caxton House as a multi-purpose communlty centre and Nelghbourhood
Partner within the Ioc81 community.
A key aim Is to continue to work collaboralvely to dellver servlces that we know work, and wll
address faimess and poverty prioritles so that we can reach more people among all generatlons in
our neighbourhoods.
We will continue to develop our community centre as a vlbrant and effective community anchor
Enabling us and complementary partners to collaborate effectively
Sharlng and encouraoing best practice through information sharing
Ensuring we continue to best serve our communities
Championing community action on Ioc81 forums and with key decision-making bodies
Continue lo work towards becomlng sustainable and resourcefvl by seeking out new
sources of funding lo stlmulale and sustain collaborative working
Piloting new fomis of income generation and resource sharing
Page 8

CAXTON HOUSE SETTLEMENT
TRUSTEES, REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Plans for future periods Icontlnued}
To do this we have set ourselves a number of Key Strategic Objectlv&s.'
To enhance our Quality and Sustainabillly Frameworks by Idenllfying best practice with a
view to continuing lo develop a strong, enlerprfsing and listening multi-purpose
community cenlre.
To work collaboratively and in p8rtnership with others to develop, nurture and maintain
highly effective ward parlnershlps. In support of18llngton Coundl's vislon for localism.
cohesive communities and fairness.
To develop and deliver a portfolio of innovative, hlghly responslve and eommur¢lty16d
projecls, 8clivilies and community events that respond lo the authentic voices of local
¢ommunities in order lo help nelghbourhoods take ownership of Improvlng communlty
cohesion and wellbeing.
To contribute to tackling poverty, including child povgrty and vvlnorable older peopl8.
through accessible informal lifelong learning spaces, by delivering a programme of
community bas8d learning provision to engage, enabl8, inspire, 8mpow9r and supporL
To develop an effective community support network that will mobilize isolated and
dlsengaged communllles, and engage new user groups through widening participation
initiatives and growing the number of diverse and fun recreational activities within Caxton
House.
To fosler opportunllles to explore volunteering and 80clal 8nlerpd$e soluttons to tocal
service provision gaps and social ￿he810￿ i8sue8.
To bulld stronger Ilnks wlth buslnesses to brlng a different dimension to the wlde variety of
volunteering opportunities ¢urrenlly offered. maxlmlse resOltr￿ utllisatlon and embrace
corporate social responsibility.
To slgnificanlly increase the connectlvity of Caxton House with complem8ntary Third
Sector Organisations, Islinglon Council and private business (where appropriate) to
maximise potential for developing new services and activities, and attracting new ￿ndIng
to the Borough.
Continue developing our fundralslng strategy for Caxton House beyond statutory fLJnding
to Include corporate and prlvale sponsorship. Fundralslng as a key functlon wlll contlnue
to be embedded across all our servlces lo provlde a foundatlon for a sustalnable fundlng
base helping to ensure that our mlsslon, vlslon and strateglc development plans are mèi.
Contlnue our commitment to supporting London Borough of Isllngton In its aim to tackle
L11¥ ts1¢1 Iiair rflièiy￿l li•y by achieving a nel zero carbon Islington by 2030 through
continuing our decarbonisation work.
Our vision and definition of success is to see Caxton House continue lo develop as a focal point and
leader for the local neighbourhood.. creating innovative ways lo brsng resources lo and emp)wer
individuals and communities., worf< in partnership and play an active role in the empowemienl and
cohesion of neighbourhoods and communities. work collaboratively and continue lo offer a wide
range of high quality fa¢ilities, activities and services that are resident centred and 8cceg8ible.
Page 9

CAXTON HOUSE sEfTLEMENT
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2024
Funds held as custodl8n
Caxton House S8ltlemenl holds funds on behalf of Fllhorne Pride, a Big Local fesiden14ed Inlllatlve In
Islinglon. Details ar8 included in Note 19 to the accounts.
Approved by order of the members of the board of Trustees and signed on their behalf by..
ffl sPaoe
i￿arIan Spaii
{Chair of Trustees)
Date: 2p. 1.207
Page 10

CAXTON HOUSE SErrLEMENT
STATEMENT OF TRUSTEES, RESPONSIBILITIES
FOR THE YEAR ENDED 31 MARCH 2024
The Trustees are reswnsible for preparing the Trustees, report and the financial slalements In
a¢cord8nce with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Praclicel.
The law applicable to charities in England & Wales requires the Trustees to prepare flnancial
statements for each financial wnich give a true and fair view of the slate of affairs of the charity aiiLi
of its incoming resources and application of resources. Includlng its income and expendliure, for that
period. In preparing these financial statements, the Trustees are requlred to..
select sult8ble accounting policies and then apply them consistently;
obSe￿e the methods and principles of the Charitles SORP {FRS 102);
make judgments and accountlng eslimates that are reasonable and prudent;
state whether applicable UK Accountsng standa￿ls {FRS 102) have been followed. subject to
any material departures disclosed and explained in the financial statements;
prepare Ihe financial statements on the golng concem basls unless il is inappropriate to
presume that the charity will contlnue in business.
The Trusl8es are responsible for keeplng adequate accounting records that are sufficient to show
and explain the charity's transactions and disclose with reasonable accuracy at any time the finan¢lal
position of thg charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity {Accounls and Reports) Regulations 2008 and the provisions of the
Tnjst deed. Thgy are also responsible for safeguardlng the assets of the charlty and hence for taklng
reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Twstees and slgned on its behalf by..
Marfan Spall
(Chair of Trusleesl
Date: 20.l.loL<
Page11

CAXTON HOUSE SETTLEMENT
5NDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2024
Independent Examine¢s Report lo the Trustees of Caxton House Seltiemenl {'the charity,)
I report to the charity Trustees on my examinallon of the accounts of the charity for the year ended 31
March 2024.
Responsibilities and Basis of Report
As the Twstees of the charity you are responsible for the preparation of the accounts In accordance
with the requiremen15 of the Charities Act 20111.lhe 2011 Acl'>.
I report in respect of my examination of the ¢harlty's accounts carried out under section 145 of the
2011 Act and In carrying out my examinalion I have followed the appllcable Dlrecllons glven by the
Charity Commission under section 14515)Ibl of the 2011 AGI.
Independent Examlnerfs Statement
Slnce the charity's gross income exceeded £250,000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examlnauon
because l am a member of the Institute of Chartered Accounlanls in England and Wales, which Is
one of the listed bodies.
Your attentlon Is drawn lo th& fact that the charily has p￿pared the ac(xJunls In accordance with
Accounllng and Reporting by Chaiities- Statement of Recommended Practice applicable to charities
preparlng thelr accounts in accordance with the Financial ReFx)rting Standard applicable in the UK
and Republlc of Ireland (FRS 102) in preferen¢ts +A Ihe Accounting and Reporting by Charities:
Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant
regulations but has been withdrawn.
l understand that this has been done in order for the accounts lo provlde a true and fair view in
accordance with the Generally Accepted Accounting Practice effective for reportlng periods beginning
on or after 1 January 2015.
I have comDleled mv examlnaUon. I confirm that no matters hav8 come to my attention in connection
with the examination giving me Cause to believe that in any material respect..
accounting r8cords were not kept in respect of the charity as requlred by section 130 of the
2011 Act. or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the fonn and content
of accounts set out in the Charitiès {Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true ap.A fair, vlew whlch is not a matter considered as
part of an independent examination.
I have no concems and have come across no 0th6r matters in connection wlth the examlnatlon to
which attention should be drawn in this report in order to enable a proper understsnding of the
accounts lo be reached.
Page 12

CAXTON HOUSE SETTLEMENT
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FUR THE YEAR ENDED 31 MARCH 2024
This report is made solely to the charity's Trustees. as a body, in accordance with Part 4 of the
harilies jMbLvuiits ¢11 iu Regulalioiis 2008. My work has been undertaken so that I might
state to the charity's Trustees those matters l am requlred lo stale lo them In an Independent
examiner's report and for no other purpose. To the ftsllesl exlenl permitted by law, I do not aC￿pt or
assume responsibility lo anyone other than the charity and the charity's Trustees as a body, for my
work or for thls report.
Signed..
Dated.. 11
c>1
Jeremy Tyrrell FCA
40 Gracechurch st￿et
London
EC3V OBT
Page 13

CAXTON HOUSE SETTI FMENT
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Totsl
funds
2023
Nole
IncomB from:
Donations and legacies
Charitable 8clivilies
Other income
129.878
17y,398
4,845
86,443
216,321
179,398
4,845
219,438
152,683
2,709
Total Income
314,121
86,443
400,564
374,830
Expendlturè on.,
Charitable activities
287,121
75,395
362,516
322,923
Total trxpendlture
287,121
75.395
362.516
322,923
Nèt mov•m•nt In funds
27,000
11,048
38,048
51.907
Rèeonclllatlon of funds:
Total funds brought fO￿ard
Net movement in funds
238,584
27.000
157,544
11,048
396,128
38.048
344,221
51.907
Total funds carrled fON￿rd
265,584
168,592
434,176
396,128
The Slatemont of Financial Activities includes all gains and losses recognEsed In the year.
The notes on pages 16 to 33 form part of these financial statements.
Page 14

CAXTON YOUSE SErrLEMENT
BALANCE SHEEr
AS AT 31 MARCH 2024
2024
2023
Note
Fixed a55ets
Tangible assets
12
265,696
169,018
265,696
169,018
Currènt assèts
Dgbtors
Cash at bank and In hand
13
9,705
183,401
19,485
236,199
193,106
255.684
Credltors: amounts falling due within
one year
14
(24,626)
(28,574)
Not currnnt assets
168,480
227,110
Total net ps8et
434,176
396,128
Charlty funds
RestriGted funds
Unrestricted funds
15
168,592
265,584
157,544
238,584
15
Total funds
434.176
396,128
The flnanclal statements We￿ approved and authorlsed for issue by the Tru51e85 and signed on their
behalf by:
6PdQ.
Marlan Spall
Datè: lo. i.
The notes on pages 16 to 33 form part of these financial slat8ments.
Page 15

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
General information
The enllty Is an unincorporated trust registered with the Charity Commission in England and
Wales, charity number 210270. Ils principal office is 129 St John's Way, Islington, London,
N19 3RQ, whlch Is also Ils pr[r￿1PaI place of operation.
The activity of the trust remalned that of runnlng a Communlty Centre.
These financi81 statements have been prepared in GBP and all amounts have been rounded to
the nearest £.
AGcounllng policies
2.1 Basis of
re
aration of financial statements
The financial statements have been prepared In accordance with the Chariti8s SORP (FRS
102) A¢￿UntIng and Reporting by Charities.. Statement of Recommended Practice
applicable to Charittes yreparing their accounts iii accordance with the Financial Report:.-
Standard applicable in the UK and Republic of Ireland IFRS 1021 {effeclive 1 January
2019>, the Financial Reportlng Stsndard applicable in the UK and Republic of Ireland (FRS
A Act 2011.
The flnanclal statem8nts have b8en prepar8d to glve a 'lrue and falr, vlew and have
departed from the Chari118s (Accounts and Reports) Regulatlons 2008 only lo the extent
required to provide a 'lrue and fair, view. This departure has involved following the Charities
SORP IFRS 1021 published In October 2019 rather than the Accountlng and Reportlng by
Charilles.. Statement of Recommended Practice effective from 1 April 2005 whlch has glnce
been withdrawn.
Caxton House Selllement meets the definition of a public benefit entity under FRS 102.
Assets and liabilities are initlally recognised at historical cost or transaction value unless
otherwise slated in the re18vanl accounting policy.
The Iruslees conflmi their expllcll and unreserved complianc& iwth Ihè above legislation.
2.2 Goin
conce
The trustees consider that there are no malerial uncertalntles about the charlty's ablllly lo
Continue as a going concern for the foreseeable future. The most Significant Conslderation
In re8chlng this conclusion is fa¢ture fundlng. The trustees have secured commitments
which enable them to conclude that the charity can be consldered a going concern for the
foreseeable future. this being a per¢od of al least 12 months from the dale of approval of
the balance sheet.
2.3 Inco
All income is recognised once the charity has enlill6ment lo the incomè. il is probable that
the income will be reco led and the amount of irKome receivable can be measured r81iab!:,
Page 16

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANLIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policles {conlinued)
2.3 Income
continued
Grants are included In the Slatemenl of financlal acllvilies on a receivable basls. The
balance of income received for specific purpoges bul not expended durlng the perfod is
shown in the relevant funds on the Balance sheet. Where Income Is recelved in advance of
entidement of receipt, ils recognition is deferred and included in creditors as deferred
income. Where entlllement occurs before Income is received, the income Is accrued.
other Income is recognised In the perlod in whlch It Is recolvablè and lo the extent the
goods have been provided or on completion of the servicè.
2.4 Ex
enditure
Expenditure is recognised once there is a legal or conslruclNe obligation to Iransf&r
economic beneflt to a third party. It Is probable that a transfer of economic benefits will be
required in selllement 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, IncludSng support costs Involved in undertaklng each aclivSty.
Direct costs allribulable lo a single activity are allocated dlreclly to that activity. Shared
costs which contribute to more than one a¢tivity and support costs which are not
atlribulable to a single aclivlty are apportltsned between those acllvities on a basls
consistent with the use of resources. 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 directly undertaking the activities which
further the charitys objectives. a8 W811 as any associated support costs.
All expenditure is inclusive of Ir￿cOverable VAT.
2.5 Interest re¢eivable
Interest on funds held on deposlt Is Included when receivable and the amount can be
measured reliably by the charlty. Ihls Is normally upon notlficatlon of the Interest pald or
payable by the insdlution wilh whom the funds are deposlled.
2.6 Taxatio
The ¢harily is considered lo pass the tests set out in Paragraph 1 Schedule 6 of the
Finance Act 2010 and therefore It meets Ihe delinllion of a chadlable company for UK
corporauon tsx purpos8s. Accordingly, the charity is potenllally 6xempt from taxallon ir¢
respect of income or capital gains received within categories covered by Chapter 3 Part 11
of the Corporation Tax Act 2010 or Section 258 of the Taxation of Chargeable Gains Act
1992, to the exlenl that such income or gains are applied 6xclusiv@ly lo charitable
purposes.
Page 17

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (¢onlinued)
2.7 Tan
ible fixed asse15 and de
reciation
Tangible fixed assets costing £200 or more are ¢apilalised and recognised when future
economic benefits are probable and the cost or value of the asset can be me8sured
reliably.
Tangible fixed 8ssets are initially recognised at cost. After recyjgnitlon, under the cost
model, tangible fixed assets are measured at cost less accumulated depreciation and any
accumulated impairment losses. All costs incurred lo bring a tangible fixed asso1 into Its
intended working conotiion should be Included iri the measurement of cost.
Depreclation Is charged so as to allocate the cost of tangible fixed assets less Iheir residiial
IAolitsa niiar +4tsir tss!im>ttsd useful lilies
D8preGi8lion is provided on the following base$'.
Long-term leasehold
properly
Plant and machinèry
Flxtures and fillings
2% p.a. straight line or 33 years
10Yo p.a. straight Ilne or 20 years
25% p.a. straight Ilne
Included in long-term leasehold properly are solar pane15 which were installed In 2009. 11
was then estlmaled that the useful Ilfe would be 50 years. The useful Ilfe was re-assessed
In 2021122 and the trustees have come to the conclusion that the tol81 eslimaled Ilfe is
likely to be in the region of 30-35 years. and have therefo￿ assumed a useful life of 33
years. The remaining depreciation has been adjusted accordingly, to reflect the shorter
than Ofiginally anllclpated lifespan.
Debtors
Trade and olher debtors are recognised at th8 settlement amount after any trade discount
offered. Prepayments are valued at the amount prepaid nel of any trade discounts due.
2.9 Cash al bank and in hand
Cash at bank and In hand includes cash and short-lerm highly Ilquld Inveslments with a
short maturity of three months or less from the dale of acquisitlon or opening of the deposit
or similar account.
2.1 OLlabilllles and
rovision%
Llabililies are recognlsed when there is an obligation al the Balance sheet date as a result
of a past event, St is probable that a transfer of economic benefit will be required in
selllemenl, and the amount of the settlement can be estimated reliably.
Llabllllles are recognised at the amount that the charity anticipates it will pay to setue the
debt or the amount it has received as advanced payments for the goods or services it musl
provide.
Page 18

CAXTON HOUSE SETTLEMENT
NOTES TO THE FSNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Accounting policies (continued)
2.10Liabililies and
rovislons
continued
Provisions are measured al the best eslimate of the amounts required to settle the
oblig3lion. Where the effect of the lime value of money is material, the provlsion Is based
on the prgsenl value of those amounts, discounted al the pre-tsx discount rate that reflects
the risks specific to the liability. The unwinding of the discount is recognised in the
statement of financial activilies as a finance oost.
2.11 Financial instruments
The charity only ha8 financial assets and financial liabilities of a klnd that qualify 88 basic
financlal Instruments. Basic financial instruments are inltlally recognised at transaction
value and Subsequently measured at their settlement valuè with the exception of bank
loans which are subsequently m8asured al amortised cost using the effective interest
method.
2.12Pensions
The charge to the Statement of Financi￿1 Activities is the amount of cont¥ibutions payable
to pension schemes in respect of the accounting year. These contributions are invested
separately from the charity's assets.
2.13Cash flow exem
tion
These accounts do not include a cash flow statemont b6cause the charity, as a small
reporting entity, is exempt from the requirement lo produce such a slalement.
2.14Fund accountin
General funds are unrestricted funds which ar8 available for use at the discr81ion of the
Trustees in furlherance of the gener81 obiectlves of the charity and which have not been
designated for other purposes.
Designated funds comprise unTestricled funds that have been sel aside by the Trustees for
partlcular purposes. The aim and use of each designated fund is set out in the notes to th&
financial slatemenls.
Re8tricted funds a￿ funds whlch are to be used in accordance wlth specific reslrictlons
imposed by donors or which have been raised by the charity for particular purposes. The
rr
-ministerlng such funds are charged against the speciflc fund. The
alm and use of each restricted fvnd is set out In the notes to the financlal statements.
Pagè 19

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Critical accounting eslimales and areas of judgment
Estlmates and judgments are contlnually evaluated and are b8sed on hlslorical experience and
other factors, including expectations of future events that a￿ believed to be ￿asOnable under
the circumstsnces.
Crltical accounting estimates and assumptlons:
The L¥iufiiy ¥iTr(illlial¥?i and assumptions concerning the future. The resulting accounting
estimates and assumptions wlll, by definition. seldom equal the related actual results. However,
the trustees are of the opinion that there are no estimates and assumplions that have 8
significant risk of causing a material adjustment lo th6 carying amour¢ls of assets and liabilities
within the next ffinanclal year.
Financial Performance of the Charity
Unf8slricted Restricted
Funds
Funds Total Funds
31 March 31 March 31 Maroh
2024
2024
2024
Income
314,121
86,443
400,564
1271,887) 167,693) 1339,580)
Exp8ndilure before depre¢latton
42,234
18,750
60,984
Depreciation adjustment
(15,234)
17,702) {22,936}
Total
27.000
11,048
38,048
The truste8s regard the re>uIt before depreclallon of a gurplus of £60.984 {2023: surplus vl
£70,655) as key to understanding the underlying resulls of the ¢harlty-
Page 20

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Income from donations and legaaes
rastricled Reslricled
funds
funds
2024
2024
Total
funds
2024
Donations
Grants
78,968
50.910
78.968
137,353
86,443
129,878
86,443
216,321
Un-
restricted R8slricled
funds
funds
2023
2023
Total
funds
2023
Donations
Grants
6,286
45,000
6.286
213.152
168,152
51,286
168,152
219.438
Page 21

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FUR THE YEAR ENDED 31 MARCH 2024
Income from charitable aGlivities
restricted
funds
2024
Total
funds
2024
Income from services provided
179.398
179,398
Un-
tricled
funds
2023
Total
funds
2023
Income from servicès provlded
152,683
152,683
Analysis of expenditure on charilabl@ activities
Summa
restricted ReslriGted
funds
funds
2024
2024
Total
2024
Soclal Amenities
U-5
Managemont & Administration
284,138
43
2,940
65.572
9,823
349,710
9,866
2,940
287,121
75.395
362,516
Un-
restricted Restrided
funds
funds
2023
2023
Total
2023
Social Amenltles
244,758
59
3,107
65,942
9.057
310,700
9.116
3,107
Management & Administration
247,924
74,999
322.923
Page 22

CAXTON HOUSE SErrLEMENT
NOTES TO THE FINANCIAL STATEMENTS
UR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditure by activities
Activities
undertaken
direGIIy
2024
Support
costs
2024
Total
funds
2024
Social Amenities
256,155
9,1M
93,555
722
2,940
349,710
9,866
2,940
Management & Administration
265.299
97.217
362.516
Activities
undertaken
directly
2023
Support
costs
2023
Total
funds
2023
Soclal Amenities
242,711
8,448
67,989
668
3,107
310,700
9,111)
3,107
Managem&nt & Administration
251,159
71,764
322,923
Page 23

CAXTON i!OUSE SEThLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysis of expenditurg by activities Icontinuedl
Analysis of direct costs
Social
Amenities
2024
Total
funds
2024
U-5
2024
Staff costs
Freelancers & Subcontractors
Light & Heal
Sundry Expenses
Computer
Staff Welfare & Training
Volunteer & Travel
Proje¢ls and Evensl
170,671
14.819
30,295
3,731
2,677
2,516
1.130
404
173,348
17,335
31,425
4.135
1,012
714
34,913
295
1.307
714
37,035
2.122
256.155
9,144
265,299
Social
Amenities
2023
Total
funds
2023
2023
Staff ¢osts
Freelancers & Subcontractors
Light & Heat
Sundry Expenses
Computer
Staff Welfare & Training
Volunteer & Travel
Projects & Events
157.236
10,665
26.669
29.217
4,243
161,479
10,695
27,768
29,429
1.099
212
1,300
901
16,723
1,333
901
19,552
2,829
242,711
8,448
251,159
Poge 24

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Analysls of expenditure by activities IconlinuAd)
Analysis of supporl costs
Manage-
ment &
Admini-
stralion
2024
Social
Amenities
2024
Total
funds
2024
U-5
2024
Depreoation
Rent & Rates
Telephone
Slalionery
Cleaning, Repairs & Maintenance
Insurance
Subscriptions
PhotOCODvlna
Sundry Expenses
Computer
Accountancy & Independent Examination
22,937
1,785
3.176
679
45,904
22,937
1,852
3,294
704
45,904
67
118
25
491
926
573
1,500
1,086
1.811
926
594
1,500
1.086
4,751
21
2.940
93.555
722
2,940
97,217
Manage-
ment &
Admlnl-
strallon
2023
Social
Amenities
2023
Totgl
funds
2023
2023
Depreciation
Rent & Rates
Tel8phon8
Slalionery
Cleanlng, Repalrs & Maintenance
Insurance
Subscriptions
Photocopying
Sundry Expenses
Computer
Accountancy & Independent Examlnation
18,749
1,603
2.584
710
18,749
1,669
2,691
756
31.617
11,024
539
353
185
672
3,509
107
46
10,588
539
436
13
185
672
587
2,922
67.989
3.107
71,764
Page 25

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINAfvilAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Governance costs
2024
2023
Independent examination
2.940
2,922
2,940
2,922
10. Staff costs
2024
2023
Wages and salarles
Social security costs
Other pension cosls
155,202
15,019
3,127
144,397
14,434
2,648
173,348
161,479
The average number of persons employed by the charity during the year was as follows:
2024
No.
2023
No.
Social Amenllles
Management and administratlon
No employee received remuneratlon amounting to more than £60.000 in eilh6r year.
Apart from the trustees, who give their lime freely. key management personnel comprises the
Chief Executive and the Flnance & Office Manager. Total remuneration for key management
during the year amounted to £108,34412023: £106,999).
11. Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits (2023- £NIL).
During the year ended 31 March 2024, no Trustee expenses have been incurred12023 - £NIL).
Trustees remuneration does not represent payments for services as Iruslees, but relates to the
Iruslee's capacity as a user of the Centre. The charlty's constitution requires that the charity
musl have user group representallon on its Management Commltlee.
Page 26

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMEwrs
FOR THE YEAR ENDED 31 MARCH 2024
12. Tangible fixed assets
Long-temi
leasehold
Plant and Fixtures and
propety machlnery
fllllngs
Total
Cos
or valuation
At 1 April 2023
Addltlons
523,320
131,109
118,834
5,815
780
660,244
119.614
At 31 March 2024
523.320
249,943
6,595
779.858
De
Al 1 April 2023
Charge for the year
iauvil
457,226
11,056
29,870
10,521
4,130
1,359
491,226
22.936
At 31 March 2024
468,282
40,391
5.489
514,162
Net book value
At 31 March 2024
55,038
209,552
1,106
26S,696
At 31 March 2023
66,094
101,239
1.685
169.018
13. Debtors
2024
2023
ue wlthln one
Trade debtors
Prepayments and accrued income
ear
3,007
6.698
4,794
14,691
9,705
19.485
Page 27

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
14. Creditors- Amounts falling due within one year
2024
2023
other taxation and social securlty
Accruals and deferred income
1.381
23.245
134
28,440
24.626
28,57LI
2024
2023
D8ferr8d Income al 1 April 2023
Resources deferred duTing the year
Amountg released from prevlous period8
15.426
27,975
17,351
15,426
(15,426) (27,975)
17,351
15,426
Page 28

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Slalement of funds
Slalement of funds- current year
Balance al
31 Martiii
2024
Balance al 1
April 2023
Transfers
inlout
Income Expenditure
Unreslricted fun
Desi
nated funds
Cycllcal Maintenance Fund
7.440
{21,531)
34,091
20,000
General funds
Genernl Funds
231,144
314,121
(265,590) {34,0911
245,584
Total Unrestricted
nd
238,584
314,121
1287,121)
265,584
Restricted fun
Solar Panels
Kitchen
Air Source Heat Pump &
Venlilalion System
Awards for All
Jubllee
LBI Local Inltiatlves Fund
Stay & Play
The King's Coronation Fund
Co-op Community Fund
Energy Redress
TNL Reaching Communlties
(Slay Well Live Welll
Power Up North London
Biffa Award
The Postcode Society Trust
Wami Rooms
Grant for New Boiler
29,493
32,000
11.471)
{2,000}
28.022
30,000
64,801
42,500
10,000
14,231)
110.0001
7,500
110.570
5,900
9,823
500
1.151
5.412
15,900)
{9,823}
{500)
{1,1511
15,412)
1,874
(1,874)
7,500
18,750
5,000
17,500)
(18.750)
(14,283)
9,283
157,544
86,443
175,395>
168,592
ola
of funds
396.128
400,564
1362,516)
434,176
Page 29

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEPIIENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Statement of funds (continued}
statement of funds- prior year
Balance al
31 March
2023
Balan￿ al
1 April 2022
Income Expenditure
nrestricted funds
Desi
nated funds
Cyclical Main18nance Fund
22,489
115,049)
7.440
General funds
General Funds
256,318
206,678
(231,8521
231,144
lun
ri¢
278,807
206.678
1246.9011
238,584
Restricted funds
Solar Panels
Kitchen
Air Source Heal Pump & Ventilation
System
Awards for All
Jubilee
L81 Local Inttlatlves Fund
stay & Play
31,041
?4,000
(1.548)
(2,0001
29,493
32,000
67,500
5,000
9,063
3.764
9,115
{2.699)
{5.000)
(9,063)
(3.764)
(9,1151
64,801
Co-op Community Fund
Energy Redress
TNL R8achlng Communits8s {Stay Well
LSve Welll
Power Up North London
Biff8 Award
The Postcod8 Society Trust
Wami Room5
Grant for New Boiler
4,380
{4,380)
16,163
(16,163)
7,500
25,000
20.667
7,500
18,750
5,000
16,250)
(15,667)
1373)
373
65,414
168,152
{76,022}
157,544
Total of funds
344.221
374,830
1322,923)
396,128
Pag& 30

CAXTON HOUSE SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FVR THE YEAR ENDED 31 r¥iARCH 2024
15. Statement of funds {continued}
Cycllcal Malntenance Fund
The Cycll¢al Malntenance Fund represen19 8 reseNe establlshed In recognlllon of the need lo
provide for major expendlture which Is 2nllclpated as a result of the age anif high usage of the
building. The Iruslees transfer amounts Inlo the cycllcan malntenance fund on an annual
basis, depending on the anticipated expenditure in the following year.
Restrlcted Funds
Stay & Play
Funding to support from the London Borough of Islinglon Earty Yèars budget for our under 5s
Slay & Play sessions that run ￿lce a week.
Power Up North London
Funding awarded to support various food growng and cooklng Initiatlves to ralse awareness of
the climate Impacts of food wasle.
Awards for All
This fund represents fundlng from Awards for All for health & wellbeing sessions.
The Cooperatlve Communlty Fund
Funding supported a variety of Friends & Fitness health and well-being sessions. Some of the
fundlng was for classes that took place online during Covid reslriclions and some was used to
bring residents back into the centre for face-tOryfa¢e ¢lasses and social m&elSng$ once
restrlclions were lifted.
London Borough of Isllngton Local Inltlatlves Fund
This total represents two funding awards. The first is for tutor costs to run a weekly genti
exerclse class for older residents or those new to exercise. The second Is lo support the costs
associaieo wiin tile inree Nillrise Wlnter Festivals that run in December 8ach year al three
separate locations (Winter Songs & Carols with Christmas Quiz, Traditional Christmas Fair
with Santa, Christmas Crafty Make & Take).
TNL Reachlng Communltles (Stay Well Live Well)
Funding supports a programme of activities that target health inequalities through partnership
worklng.
Jubllee
This fund, supported by several grant providers. was to provide an arts workshop and
celebrations for the Queen's Diamond Jubilee.
The King's Coronatlon Fund
Funding tr• run a Communlty Evant io celebrale the Klng's Coronation.
The P05tcode Society Trust
Thi5 funding was for our Lifestyle Tuesday5 programme which includes dance, exercise and
crafts, once a week. across a 6-hour period.
Warm Rooms
This fund, supported by several grant providers, was lo provide warm spaces and hol food and
lo contribute lo the associated Increase in healing costs for the Cenlre.
Page 31

CAXTON HOUSE SETTI.FMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
15. Statement of funds (conlinuedl
Energy Redress
Fundlng to support energy advice sesslons, work8hops and dlslribullon of energy savlng small
measures.
Biffa Award
This represents funds due from Biffa Awaru for the Alr Source Heat Pump which have not
been capilalised yet.
Solar Panels, Klt¢hen, Alr Source H&at Pump & Ventllatlon System and Boller
These funds represent fixed assets purchased wlth reslrlcted grants or glven to the Charity wllh
a restriction. The fund for th& Air Source Heal Pump & Ventilator System includes a
contribution of £42.500 from the London Borough of Isllngion.
16. Analysis of net assets b8ttveen funds
Anatysis of net assets b6tW66n funds - currenl pertod
Unreslricle Restricted
d funds
funds
2024
2024
Total
funds
2024
Tanglble fixed assets
Current assets
Creditors due withln one year
110,706
179,504
{24,626)
154,990
13,602
265,696
193.106
(24.626}
Total
265.584
168,592
434,176
Analysis of net assets balween funds - prior period
Unrestricte Restricted
d funds
funds
2023
2023
Total
nds
2023
Tangible fixed assets
Current assets
Credltors due withln one year
42,724
224.434
{28,5741
126.294
31,250
169,018
255,684
128,5741
Total
238,584
157,544
396.128
Pagè 32

C.AXTON HOU*E SETTLEMENT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
17. Pension commitments
The charlty contributes to individual personal pensions. Contribution5 paid by the charity during
the year amounted lo £3,12712023.' £2,648}.
18. Related Party Transactions
There were no transac￿On$ wllh related partios during the year.
19. Funds Held On Behalf of Third Parties
Caxton House Selllement held 8 balance of £12,029 (2023- £19,590) at the year end on behalf
of Ellhome Pride, a Big Local residenl-18d initiative in Islington. The balance Is not shown in the
financial statements of Caxton Hous8.
Page 33