Rep5tertdCbatiTh' 0. 2-"5iij DOWNHAM (WESLEY HALLS) COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022
DOWNHAM (WESLEY HALLS) GOMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 nn TABLE OF CONTENTS Pa Legal and Administrative Information 416 Trustees Report Independent Examinerfs Report Statement of Financial Activities Balance Sheet 10113 Notes forming part of the Financial Statements
DOWNHAM (WESLEY HALLS) COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST M4RCH 2022 flil ILE*i5EÈtedCt1. #o. 1ry5j73 Le al and Admlnlstrative Information Status: The organisation is an unincorporated association formed under a trust deed and registered as a charity numbered 275373. The Trust Deed sets out the charitys objetts and power5 and how It is to be governed. Trustees: Kristina Green Ichairl Gwen Smith Isecretary) Vera Ward (treasurer) Maxeen Blackman Margarita Paul Lynn Edv4prds Office: Downham {Wesley Halls} Community Association 2 Shroffold Road, London BRI SPE Tel: 0208-698-1464 Independent Examiner: Stuart Edwards & Co Chartered Accountants 124 City Road London ECIV 2NX Bankers: Barclays Bank PLC Leicester LE87 2BB
DOWNHAM IWESLEY HALLS) COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 DOWth 01 e51e)'PAtsI Comrnwty. .kn50cia151>ll Regsitt*dChaoty' t. 275373 The term "we" and "ourf, is being used throughout for "the Trustees" The trustees present their report along with the charitvs financial statements for the year ended 31st March 2022. The financial statements comply with the charity's trust deed and applicable law. The trustees The appointment of trustees is carried out in accordance with the Trust Deed which governs the conduct of the charity- In order to be accepted as a trustee, the candidates need to be elerted onto the committee as an advisor first of all thereafter the advisors are required to attend the committee meetings regularly for one year. If they prove to have the right skills and aptitude and are worthy of the trusteeship then they automatically become a trustee of the association the following year. If an advisor, or a trustee, misses three meetings in succession without extending adequate apologies then they shall no longer be able to seNe on the management committee of the association. The AGM of the Association 15 advertised locally 2 weeks prior to the AGM meeting. The Association's Pur ose is: To operate a Community Centre providing affordable facilities for the local multi- cultural communities in pursuance of social welfare for recreation. education, and leisure-time well-being. To enable people to pursue their interests in a safe and welcoming environment. To enable and facilitate the development of small businesses and charities To act as a dis5eminator of information To be part of a wider net¥vork of local charttable organisations and local businesses. Develo ment Activities and Achlevements to Benefft the Public In planning the Centre programme the trustees keep in mind the Charity Commission's guidance on public benefit. We consider that. following the post Covid 19 the Association has maintained all the pre-covid programme and has therefore performed very well. Chan e of the Association's Lease conditions The current property lease has run out this year and the Association is in discussion with the Council about renewing it. Yhe Heads of Terms" l an outline ofthe lease I have been agreed and the Council will provide our Association with a draft lease for approval.
DOWNHAM (WESLEY HALLS) COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 nn Post Covid 19 Lockdown th On 18 March 2020 all activities stopped; and the centre reopened on 12th April 2021. We carried on maintaining a strict cleaning regime and took various precautions as we did the previous year. It was wonderful to hear singing once again that was not permitted during the lockdown. Also, to experience the freedom of not wearing face masks at all times was good. Singing plays a big part within the strurture of the organisations be it the Downham Community Choir. the ministries, the churches. and the Brighter Horizons organisation On 12 April 2021- The Brighter Horizons charity for people with disabilities were the first group to restart their operations at the Centre . As they were the first organisation to return they had the advantage of having the premises to themselves and thus they were able to comply with all the governmenys guidelines. Theydlvided their service users into °bubbles- where only a limited number of people were able to attend. They kept to the distancing rules and they wore all necessary personal protective equipment. To have a good ventilation of the premises they kept the doors open throughout the duration of their stay which, needless to say, our energy bills sky-rocketed in that period. Ener su liers of as & electrici The Association continues to be responsible for the payment of all energy supply and consumption of ener on the premises. Currently we receive energy from Total Energies Gas & Power Limited, Edf and British Gas. We also own three fee-in-tariff meters for solar power that help reduce our carbon foot-print. Re airs and maintenance olthe buildin Throughout the year we have undertaken many repairs to the building i.e. repaired leaking taps. flushing units. changed many lights, repaired damaged doors. repaired gas boilers. cleared gutters and repaired 3 several parts of the flat roofs as well as carried out statutory Safety compliance tests. We changed all automatic light switches to manual ones in order to save energy. The automatic light switches tended to stay on for much longer than they need to be turned on. Grou s that re larl erated from our Centre are: (in alphabetical order) Adult Learnin Lewi5ham- short mat bowl and SPo¢fitps for PLD ein Well Silver Lunch Club-organised by urs ays Bri hter Horizons Inc. Or . Charit a full-time provision for people with learning and physical disabilities CDK Martial Art5 Clubs- Tae Kwon Do & Muay Thai classes for children, adults and families Cheer London A115tarz- cheerleading and gymnastics classes for children and adults First Ste S -Parent/Carer baby & toddler club - a self-help group organised and run by volunteers Ju itsu Marshall Arts Clubs for children and adults Kainos Ministr regular worship and gathering Sacred Church of Africa Minist regular worship and gatherings
DOWNHAM (WESLEY HALLS} COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 Rewthdcbw rao. 1"53-,3 Continued: Grou s that re lar erated from our Centre are: lin alphabetical orderl Seventh Da Adventist Church- regular worship and gatherin85 Shekinah House of Praise Minist regular worship and gatherings The Downham Communi Choir- choirfor young adults onward The Pathfinder Club- foryoung people from 10 years of age Welcome Lunch Club- a self-help group organised and run by volunteers on Fridays Zumba- a vibrant, fun weekly exercise Qur future lans are to: To negotiate the renewal of the premises, lease with the London Borough of Lewisham To maintain and the premises to a good standard to safeguard the people in it. To regularly review the Associations financial position. To regularly review the association's financial and management procedures to safeguard the longevity of the association. To be conscious of the energy consumption to minimise the centre's carbon footprint. To secure funding from external grant-giving organi5ations to finance new initiatives. To continue networking with the local people and to develop the centre programme to be reflecttve of their needs. To continue providing a safe and warm environment for local people and communities to be able to meet, learn, exercise and enjoy their lives. To continue to protect the Buildings and site for future 8enerations as part of their heritage. Thanks It is because of our dedicated workers and volunteers that the Centre is able to manage the centre to stay open 7 days a week up to 13 hours per day. The volunteers enrich the provision that is on offer at the centre either by assisting within the various clubs . classes churches or ministries. They also regularly mow the large lawns and maintain the shrubbery for the benefit of people to be able to enjoy the clean and safe outdoor space for relaxation, children's play and even have b-b-qs and bouncy castles on site. Also not forgetting our management committee members who offer theirtime freely. roval report was appr d by of the Association'5 trustees and signed on their behalf by: Kristina Green Chair of the Management Committee Gwen Smith Secretary of the Management Committee 28 Ottober 2022 28 October 2022 .Date .D3te
DOWNHAM (WESLEY HALLS) COMMUNITY ASSOCIATION REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 Independent Examiner's Report to the Trustees of Downham (Wesley Ha115) Community Assoclation I report to the charitytrustees on my examination of the accounts of the charity for the year ended 31" March 2022 which are set out on pages 8 to 13. Responsibilities and basis of report As the charit¢s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the chariWs accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under settion 1451Sllb) of the ACL Independent examlner's ststement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: the accounting records were not kept in respect of the charity as required by settion 130 of the Act; or the accounts do not accord with those records; or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008, 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. 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. stuart Edwards, Chartered Accountant Kemp House. 124 City Road, 8th November 2022 LONDON, EC1V 2NX .Date
DOWNHAM VNESLEY HALLS) COMMUNrrY ASSOCIATION STATEMENT OF F114ANCLAL ACnVITIES FOR THE YEAR ENDED 31ST MARCH 2022 20 Fu Funds Income and endoinents from: Voluntary Ineome:Donat)n¥ Invosknent Income: Bank Interest 86 eharitable Aetlvlties Grant Income 25,000 14.133 25.000 31.315 C•ntre InctvO 3.333 65.809 69.142 17.182 Total Income 3,333 67.258 70,591 17.182 39.219 56,401 Exponditur• Rai$Éng Funds Charital)le AdiYitie8 71120 7S.453 17.1Vd 33.638 50,820 Totsl ExpendltUfE 3.333 71120 71453 17,182 33,638 9).820 Net InG0MEXWdItUre forlhe year 5,581 5581 Transfer Bth¥WI Fund& Net Movernent in funrts Funds balances at 1 April 2021 14,8621 132.544 462) 135.197 5,581 126,963 5,581 129.616 Z653 2653 Funds balan¢es at 31 March 2022 13M3 127.682 130A35 132,544 135.197 All the Ghwws apgr4tlon8 are ¢laBs4d as conlinuin9. STATEMENT OF TOTAL RECOGNISEO GAINS AND LOSSES ThgT• were no recogni¥gd gains 8nd b)5505 otherthan those In¢lwknl In the Statement of Flnancial Activit5
DOWNHAM (WESLEY HALLS) COMMUNrrY ASSOCIATION BALANCE SHEET AS AT 31ST MARCH 2022 Not85 2022 2021 TANGIBLE FIXED ASSETS CURRE ASSETS Debtors & Prepaymènts Cash at Bank 12,377 119,137 131.S14 3,ZT5 135,6T8 138,953 CREOITORS '. Amounts falllng due within one y•ar 10 3,806 3,806 135, 147 130,285 NET ASSETS 130.335 135. 19T Reserves General Funds Designated Funds 13 13 75.182 52,500 127.682 80,044 52,500 132.544 RgStri¢ted Fund$ 12 2,653 TOTAL CIIARrrY FUNDS 130.335 135, 197 Approved by the managem•nt COMMItt and signed on Its behatr. . Kristlna Green { Chairl .. Vera Ward { TYeasuTerl 25 on Tha notes on pages 10 to 13 l¢mi part of flnancial sl*•ments.
DOlm4HAM (WESL HALLS) COMMUNrrY ASSOCIATION NOTES FORMING PART OF THE HNANCIALSTATEIIENTS FOR THE YEAR ENDED 31ST MARCH 2022 I. ACCOUNTING POUCES al Thé accounts ar8 pr&parèd In attrdanc8 wh Aceoubtting and RepNUng by Chawities: Statemtni of Recommended Price plble to ¢trAritie5 propwiiig t1r accounts in a¢covdan¢& with the Finaneial R•portirnJ Standa appllcable in the UK Republlc of IrEknd IFRS1021 las amended foi ac¢ountlng p•rlod$ commondng from 1 January20161- Tho charity is a PutAi¢ Bonofit Entity as dBfirM>d lry FR5102. Thè accounts arg prtyar•d in sleding . which is the fun¢t#)nal 11¥n of lh• charity. Tlw accounis hav• been preparéd und8r th8 h55torfical co8t Con1 Tho principal a¢¢ountin9 poIicio5 adoptad ar• 80tout be. bl Donation$ and gwts aro Includod in thè Stat•MOf Flnancial Activrti•T•Aft recalvae. The value of sorvices FYovidÈd by volunteers has not I0 kKluded. cl Grants. IludIng th0 forttw of Ilxed 498•ts, arn Y•¢ognisod in th• Stat•m•nt of Flnanclal A1¥19& in thé y•8f thich ¢lwy ar• r•Tabl•. dl Incoming r8sour¢u we IndUd wh•n T8C6r4ab el Rèsour9 ex[d9d ar? rncogni8•d in tho poriod in they inwrred. Jrc•• expothd irtdud& attrfbutabl8 VAT Y•hieh eannd be Teco¥ored. fj Costs are allo¢ated toactivtb08 on the bavi5 ofth• fvndlng agreernants w6th oveth88d costs being aPPth11oned on the b¥15 ofèthatss of Staff tima 8ttributsbl• tts bath activity. 91 oifK6 equipmenl With a useful we8t•rthan dMyear and a wKchasÈ prfct h) Unrostri¢l&d funds are dortations and othgr inctinw r•sourcas rBc•i¥abb• or generated for th• obi4th8 of th8 charity wrlhoul fvrthor Sfied purpD8è and aro avallablo ggn•ral lund$. il D•81gnated lund¥ arB unrostrictod frjnds •Mar tho niaiiag•m•rrt 11 Rostrictod funds ar to be used for specffjc purposes 88 laKI down by thè (hjfior. EXPdiAre which moets th88• eltewi8 is tthw to the togatmr with any other ¢oJts agr•8d ty tho Ilonor. kl Pension pslon Is provided thrwgh * dèfined contr11On $¢hemÈ and th8 pension Char r•prn8•nt8 th• 00t Pty8blo try th8 Ghwiiyto the fthxl in tho yaar. 11 Tr4dè and other debtors wo r•eogniÈ4d at t s•ltlennt ameni due afteT4ny discouni offered. Prepayments are valu&d at th& arno1 prEpid net of disctsunts d. ml Cash at bank ar in hand includs cash and shorttqrm highly liquid invasiments wilh a short maturity of Ihree rnonths or less from ihe date of a¢qui$ition or ning of th• twslt or similar ac¢ttht n) CreditorJ and F)mviS* aro nomwlty at thoirs•ttloment amouni after all¢10r arry di5¢0unts du ol Th¢ Charity has ffinanGial a¥yets and financial liabililies of a kind that qualify as basic fiftancial instruments. Basic financi instruments are Initsally recogni88d ai trsactIon value and subs8quenUy rnea5ured althoSetU8ffi8nt value. 10
DOWNHAM (WESLEY HALL5} coiIMupirrY ASSOCiATION NOTES FOR111G PART OFThE FINANCIAL STATEMEMTS FOR ThE YEAR ENDED 31ST MARCH 2022 2a Vduntary Ineorne 2b Grant & ContraGts: L.B.Lesham: Funds FurKI8 Funds 25.( 24LW 2c Centrg Irm4.. VJBrGYoups EY¢nts & Megilw Eneryy Fe¢d In Tar6ft HMRC CVJRS 8upp)rt Sundry Incorn• S9.0 .045 4.177 171 10.448 1.245 10.448 1.245 2.1 J7.182 17.182 290 14.133 3.333 S5,809 69.142 31.315 44659 a562 4562 1,94 74,503 17.182 26.27T 21.672 1.921 49.&70 Preml&e6 Communl¢a¢iws 21.672 .921 71.170 3b GOVERNANCE eosTg depEnd¢nt EJramlnBr% F•• 950 14ET INCOMIN6 RESOURCES FOR THEYEAR Thls Is stated after ¢harglng Indopgndent Examlnailon Fee 5. AFF COSTS AND NUMBERS 3•laiies and Staff Paym•nts Employers Nl Pension CobUll0n 48.912 2&4 26.277 was aa follows.. Cqntre IAanageror EquWent 6. TAXATION 7. TRUSTEE REMUNERATKIN & RELATED PARTYTPMSACTIONS P40 Iw¥lee received any rnrnuneration during thè ar{2D2111% Notrwd41 or pèr%Mal eAPgllS8S w• relmburded to trustees Juring >wr.12rt1 £N Mo trusteor othÈr petson relthd ¢0 the charity had any pw50n* irrtOfO81 In any wnttartortransacthn 0nt•rnd In bytho Gh¥ity durkng y•x. 120•44onel
DO¥VNHAM (WESLEY HALLS} COMMUNrrY ASSOCIATION NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 8. TANGIBLE FIXED ASSErs Total Cost Additions Closing 8al8n¢e DeFwiation Openin9 Balance Charge forthe year Closing 8alan¢• 8A50 8J50 NET BOOK VALUE 50 LAST YEAR The centre contènts and ewipment is insured for in5UrnnCÈ PWPOSOS at a T4altye of £2.904 and
olar paTr•l# 4t • value of£31.767.
The eharrty lÈasos the premises itoccupi8s at 2 knffold Road, 8ron4ey. BR1 SPE The lease runs for a twenty year terni from the Zgth September 2001. A side letter to the lease was signed on 9th Awil 2018. in which in exchange for a peppercom rent the charsty took fvll responsibility for wairs 3TrJ maintenance. aTrJ health and safety compliance wilh respect to the buildings and gr(¥unts. The requbremtsnts of the side leller commenced on 12th Jonuary 2017. 9. DEBTORS & PREPAYMEHrs 202Z 2021 Prepayments a IncoEne 12.377 5,275 12.377 3.275 10. CREDoR$:AnWuThtr falling d within one year Taxation and Social S•¢urity other Credithrs & Accwals 1329 3,8C16 11. ANALYSIS OF NET AsSs BEfwEEN FUNDS Gonortl Designated Restricted Total Tangibl• Fix•d Ass8ls Curr8nt A55ets Current LiabillW•s 50 131.514 11.2291 rn361 {1229) 165J Net As8•ts at 31st Ilarch 2022 75.182 1653 130,335 12
DOWNHAM lysLEY HALLS) COMMUNrrY ASSOCIAT1014 NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022 12. RESTRICTED FUNDS Comnwnlty Friends of C•ntre Wesley Halls Totsl INCOME L.B.Lewlsham . HMRC Covid 19 JRS Sundry 1,449 3.333 3.333 782 4782 EXPENDITURE Staff Costs PremÉ5¢S Project Costs 3,333 1.449 3,333 1.449 782 Sulplug for Y•ar Balance at Isl Aprll 2021 2.653 2.653 Balance at 31st March 2022 2,653 2.653 Purpose of Restrl¢ted Fund5 FrndS ofWes* Hall: to devdop s•rykes. 13. MOVEMENT IN TOTAL FUNDS At 1st Awl 2021 kncomlNJ Outgolng Resource¥ Resources 315t March 2022 R85frict•d Fundg (Nots12) 1653 4,7821 2.6S3 Unrgstrlcted Funds Designated Fund General Funds To¢al Unrestrieted Fund5 52.500 80.044 132.544 65.809 65.809 0,6711 (70,6711 75.182 127.682 Toial Funds 135.197 70.591 175,4531 13fl.335 Purpose of De51gnated & General Funds The deslgnated funds are eannarked in part to upgrade and repalr the premlses. The upgrnde of the heatlng SyBtÈm and the replacement of window5 which are both expÈcted to be very ulstty. Repalrs may atso needed to the large hall rcr. However designated funds may be applied to thts in the event of any small short[811 in this lundlng. Building work Is unfortunate generally more ¢ostly than expe¢tÈd since other work is usually Identffled after access has been establlshed to the more dlfflcult pwls of the bulldlng such as the roof. In addltion major rgpalr wcvk could rnsult In the closurB of facllllles to enable the r•palr work to be carrfed out and thls could result In I¢ ol Income from useTr groups whlch may nogd to be funded frcrfn re50rvg$. The trustees earrnark general funds to provlde runnlng costs gqulvalent Io Six month's expondlture in accordance with Charity CorHmlsslon guldellnos wlth a current target of £68,000. 18
DOWNHAM IWESLEY HALLS) COMMUNITY ASSOCIATION APPENDIX TO THE FINANCIAL STATEMENTS FOR THE YEIJI ENDED 31ST PaARCTrI 2022 2022 1. Staff Costs Salaries & Stsft PaymlS Profvsslonal Fo05 Traonlng 48.912 24,71T 1,560 49.992 26.277 2. Premlsos Rent & Water Charges Small Furniture & Equlpment R•palrs Renewals & Malntonance Roof Repalrs Cl•aning Alarms I Securlty Light & Heat Buildsngs Insurance Genéral Insurance Sundry Expenses Dapreciation 707 1,907 9.218 3.347 2.611 2.052 2.107 71T 128 5,655 2.055 1,031 254 6.936 2.306 1.029 22.562 21,672 3. Communicaon5 Telephone Offl¢e 1,342 5T9 1,921 965 1,949 4. Govemanee Costs Independent Examination Fees Legal Expenses Meetings Expens 950 950 950 950 Total Spend 75.453 50.820