THE COVEKf GARDEN SOCIAL AND CRAFfs CEKfRE ASSOCIATION
Charlty Reglstratlon No . 276816
FINANCIAL STATEMEpif FOR THE YEAR ENDED
31 MARCH 2024
D8v18 8urlon Wllllgmj & Co
Chart•r•d Cellif￿d N£c4)untants
Sulie B11
Sutton Business Contre
R881rnor Way,
Wallington
Surrey SM6 7A

THE COVENT GARDEN SOCIAL AND CRAFfs CENTRE ASSOCIATION
Legal and Admlnlstrallve Informthn
Tho name of the charlty Is
The C(Nent Garden Socia and Crats Centre A88cKIgt
Roglgtratlon Number
276616
Constitutlon
The ¢harity18 govemed by Its ￿lginal Constitution dated 4 December 1977. Its premises
were located on th8 ground flcor of a large bullding in Earlham Street. The Who￿ building
was gutted by firn in 1999 and the charity ceased to fUn￿1)n pending the refurbishment
of the bulklln9. The ¢harity was I￿tiVated in 2008 8nd established 8 8ubsidiary
company, the Seven Dials Club Limited. to be inwxth on 11 May 2009 as the
trading arm solety to enhance the capacty of th6 ¢harity to benefit the amenity of
local re8ldents. CGSCCA 18 the Sole shareholder of th8 Iwnit•J comF￿ny.
Truit•
Su8 VSnc8nl
Laurence Lynch
Kathryn Flml¢)tt
Addro88
42 Earlham Str￿t
London
WC2H 9LA
Indopendont Examln•r
P R Willkgms FCCA
Chartered CerNfigd P£¢ountant
Sulte 811
Sutton Bu$in883 Centre
Re8trmor Way,
Wallington
Surroy SM6 7P
Contonts
Page 1
Legal and Admini8tratiN* Information
Report of TnJstee8
ReFQrt of the IndeFendent Examlner
Statement of
&7
Notes to the Fi￿n¢181 Staiéments

The Tntst8as pr8senl their report the ￿￿￿181$181￿￿eftts >wr eNled 31 2W24.
Th• *al end adminithabw informalTh Set ¢Krt on pagè 1 part (rfth18 Th8
8tslements hove been wepared In acaj1d￿I￿ wilh the acC￿ntI)g pow8 Mt on pagg 6 ofthls
report.
ObJ•ots of lh• ah*rlty
The ob*￿$ of the A88oclatp)n thall be:
St Giles. Bloom31yJry. the area b￿nd#d by lh& Strand, Kngsway. hJth¥trrh, Groat
Russell Street and Chadng Cr088 Road witlKJ(rt dists"TrXk*n of sgx. pJlnk&l.
re￿iOuS or oth&r Wnknn8, by a88ooatlw the bcal aulfvxitbs, wol￿tary
organisalh)n8 and th6 inhabitants kn a Ccrfnmn effort to advan¢& oducatth to
provld• In tho Int¢r•sts 0l8Crt￿ wgK•r• rnu8atbn and
oc¢up*kn8 obJoL* of knwovhig lh• Conth1p￿ (rf Ilfv for lh6 Inhabttanls.
bl
To m8lnL91n and mgn8g8. or to any t¢al autlvjlty
Garden Communty As%Kialfion In tho nwintenance ond M￿a9¥M8n1 of th8 Communlty
Centre for 8dfvrfl88 promoted by lh8 A8Bc&aalJtsn and Is con6Otuent Wlas li
fiJrthern￿ ￿ the abovo obJ•as.
Th• A880¢1otbn thall bo nc4wrty In pollks arKI nN•clarl•n kn r*4￿.
T￿ AS8c¢lalkn Shall hMI th• pwto •ffllat• tr• Iho Nallonal F•lw•kn of ComM￿lty
A86oclalOons and to sknll¥ othor organi•ations *ilh 8lmMar <*wltatl• ctyth.
A•hl•¥•m•fits Durfng th• Yw Und•r R•¥1
with a rnfr8th•d and rofvth8h8(I cormiunity •tartsng fmnc4al yw. tha hw8lm•nt in
our $pac•8 p8id dNid•nds I￿1h an in¢r•aso in o)mmefCi91 room hro. amptry c4Ming tho grants
had rocelb*d for Co¥kl r8Lqtsd Support and exp¢nditiJrns. Our ￿¢¢m8 thra year 8180
s• in food and bffiffjrnge sakn8, hope ￿ continuo 1x￿￿va vfilh In(¥oawl
Tho CGCC rnlurbi8hmonl cosis typonditurg, ak>ng *iih ourdkoct costs Irt￿d￿g
Insuranco cLwer both SkdnrfI￿n1IY rose as a T*suIt ofthts Co8t-ol-LNing Cthi$. Wth 0￿Y rnts8
fo181ty 8tsbili$ing and ¢ar&ful management of efjnwneroal and ts)mrn￿ty octlvitios.
hava a positt￿ Outco￿ wilh our 9on8ral funds and rvs8m8 al £1*,500. Thi61$ A heathy
balance forlutu¥• Mivesbnent and to LknWW)r8t 8LWlartO rn8•rbw.
lthi18twe hm ncl corpornto day booklrrfJs retwn to prwandemK b¥els, wv hav•
vAtno8sed an Inern88e In ￿nfid￿nCe aB morn oryanlBation$ AThJ poopkn •rn wanthig to mè•t,
6UPPOrt, 8ockg1198 and1•8m together. We are gratèfvl torfv •trenqfvMd rolatp)n8hips with
regul8T organ1￿tIOnS Inc￿dIng T￿ Insthut• of Narnti￿ Th•rnpy, the LcrfKkn F￿M S¢hoc4,
MS. Just Add Watér and the ChiM8• Church. olBO rffi¥ di•nts
M¢Don*'s Global and UK Youth.
Sinco Nwmber 2022 ￿ havo f88gP4£d the exdus￿e ofa Comnwnty Rcrfjm wilh WIFI And
audI￿￿SU81 facililies lo provvjo a perman•nt trK)mg for ccMThMunity aetivibu. 5 day8 par %%wk
Including Tai Chi, digrtal creatNe ¢18s8es. 1..1 digital supwt. cl8ssos, quE, ￿idge •nd
vkni8t aft•moon8, oromath¢rnpy other Mnls inspired lry Ouf h)c&l communty.
The Friday Lunch Club ha8 2TrJ attènde￿ pr month with g Isl. w• hope to
In¢rea60 Capacity In th• eomiThJ year. This KKJpuLgr ￿nt ts fuThJed by Shaftgsbury plc
are gralelul the* Stoodla￿ 8UPPQrt provkling thrts nwch n••ded for Peop￿ to engage
and enloy, thanks also to Chef Karol for pro¥iding a fanl88tr n)ge of gro01 lunthes •8ch *ffjek.
21

THE COVENT 13ARDEN SOCIAL AND CRAFfs CENTRE AS80CL4TION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 (¢onllnu•d)
A#hSw•m•nts ￿rtn9 th• Y•ar Und•r R•¥iva71eOfbtlnwd)
T¥￿ Christmas lunches were prowded this year serying 158 guests Fer lunch, with th8 Masor of
CanThJen In attendance viith our oNtr 55s. Noain, our thanks go to Shaftesbury PLC for
prO￿dInll enthusiastic ￿lUnteerS to sef¥e the lunches and to Richard Wilson vkno is a fantastic
v￿unteer for our (xxnmunty.
The Food Panty reopened in January as a of the Cost-of-LMng Crlsis ￿￿kIng after a
number of households in the area. We ex￿ct to see greater demand in the new financial year
and we are planning ahead to proyido fresh ready mèals prepared by our creakn Chef Karol.
Th18 8UPWrt goes alongside our nfftv Ser¥ice in partnership Mary Ward Legal with
fundlng from LB Camden. offerng 1.1 8UPPOrt on managing financially. as part of the Camden
Ivlce Network. The88 8eNce8 are administered by the very able Natalie Moor, and also
vMl¢omed g new centre a$$ist8nt. Louis Monahan to the tsam. Our grateful thanks lo Phll Walls
for his exceptional and rArtslanding looklng after the comrnunty and corporate users of our
Rl8k Management
The Tru8tee8 have 8c¢e86ed the rnajor rs8ks to vthith the charity 18 expoa•d and are 8ati8f
that systams are in place to mibgate exposure to tho88 ri8k8.

THE COVENT GARDEN SOCIAL AND CRAFTS CENTRE ASSOCIATION
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 (continuod)
Statement of Trustses Responslbililles
The trustees are required by law to P￿pare financial statemgnts for each financtiql yaar which glve a
true and fair view of the state of •ffair8 of the charity and of its results for that period. In preparing
those finanGial statsments, the trustees are required to..
(a) 8elect suitable acc>)unting pollcles arKI apply them consistenty;
Ib) make judgements arKI estimates that are rea80nable and prudent.
Icl stale whether the policies adopted are in accordance with the Statement of Recommended
Practlce and with applicable accounting standards. subject to any material departures
dl8dosed and explained in the finan¢i81 statements..
(d} prepare the financjal state￿￿nts on a going concern basis unless it is inappropriate to
assume that the charity will contlnue In busin85s.
Tho Trustees are responsible for keeping x(x)unting records whth disclose with reasonable
accuracy al any time the financial p)$ition of the Gharity and enable them to ensuro that the financlal
slalemenls comply with the Stsiement of Recommended Practice. They are also re8wnsibltr for
safeguarding the assets of the charity and hence for tsking rna8onable step8 for the pmentlon and
détscllon of fraud and other Irreguiarlti
Independont Examlnor
The indapendent examiner, Peter R Wlliam¥ FCCA, is wlling to corrtlnue in office and a re801ution to
appoint him will be proposed at the Annual General Meeting.
Approval
This report wa$ approved by th• tru8tee8 on the 11th Juty 2024 and signed on its behalf
(4LII fl l ty Lrf
Sue Vlncent
Trustee
Laurence LyrK*I
Trustee
Plmlott
Trustee

REPORT OF THE INDEPENDENT EXAMINER TO THE TRUSTEES OF
THE COVENT GARDEN SOCIAL AND CRAFTS CENTRE ASSOCIATION
I rwt ¢)n the accounts ofthe charty for the year erKled 31 Mar¢h 2024 8et out on pag8S
4-7.
Raspoctlvo rtsponslbllltl•s of trustw and examlner
As descriÈed on page 2 the charity$ trustees are reswnsible for the preParat￿)n of the acc4Junts.
The chari
s trust808 considèr that gn eudtt is not required for this Ye￿ urKler seclion 144121 of the
char￿e$
2011 (the 2011Act)] and that an iTvJewident examination i¥ netsjed.
It Is my respon8ibllty to..
examlne tho wjunts und•r 145 ofthe Charits8 2011 Art
to folltxv the proceduriyd laid dNn in the General Dire¢ilons gWI by the Charity
Commissioners under sectlon 14515)(bl of the 2011 Act. and
- to 8tat8 whether particular matters have come to my attention
Basls of Ind•p•nd•nt •xamlMrf• statem•nt
My examinatbn carrfed out In aoxfdance with the Genorni Direction8 given by the Chanty
Commissioners. An examination Includes a revi%Y•Y of the attountiry records kept by tha charlty and
a wmparlson of the accounts presented th086 r￿OrdS. It 8180 indudes consideration of any
unusual item8 or di8closure8 in the accounts. and Seeking explanation8 from a8 trustee•
conceming any such matters. The procedure$ undértaken do nol provide all the evldence that would
bo required in an audit and, consequenuy. I do Tr)t expres8 an audit opinion on the accounts.
Indopondent ox8mln•rf• statement
In connection with my examinthon, no matter ha8 come to my att8nti¢)n'.
1) which give¥ me reasona￿e cause to bel￿• that in any materkql rnspect the requlroment8.'
- to keep accounting records in accordarKe vAh 88ctDn 130 of the 2011 Art. and
- to prepare accounts which accord wth the aco)unting records and comply wth the
accounting requirements of the 2011 Act
have not toen met., or
2) lo whlch, In my opinion, attention ahould be drv*n in ¢xder to enablo a proper under8tsnding
of the accounts tt) be reached.
P R Williams F.C.C.A
Chartered Certified A£eountant
Surte 811, Sutton Bu8ine88 Contre.
Re8tmof Way.
Wallington
Suffey, SM6 7AH
Date.. I
Ki l2*

In¢omlng R••auro••
Incomirffj Rea￿[r￿ST0 G•neA R•s•M Fw
Rocffi Hlre
137.339
251,956
14,OCQ
13,085
148,8S9
8.337
10.1100
Grnnts Rec•fv
Transfer of as8•1% from Smn D*ts Lknityd
476.782
217,812
RMour¢•• Exp•nd•d
Direct Expena
T•mpornry Ch•f& 8ar Sl•ll
Salarng & Slat• InsuMn(¥J
Colts
staff Tr•lniw & R•crufvnt C<*ts
mlnbtralion
R•nL Rat•s & Charp
R•pairs, ma¢nl•MrK* a
LIDht Heat
I￿￿rAnce
125,504
14,S
120,591
5,158
14.059
47,186
3,675
8,825
45.023
29.526
7,476
4,3S6
2,729
10,4n
6,947
Isyj
ountoncy F•••
Consultancy F
8•nk Ch•rg¢•
Inl•r••t pa
BooMk••plng
rllsl
8,155
15
N•t SU￿1￿ fvrvJ• >
00.912
TOTAL GENeRAL PUND8 202¥
264.817
190,882
Lrti.. Gr•rtto 8•N*n Dlth Club Ltrl
Pl￿.. Grnntftom 8•¥•n CM•h CW L
TOTAL GENEIiAL FUND8 onMI Jl lknh 2tr14

THE COVENT GARDEN SOCIAL AND CRAFTS CENTRE ASSOCIATION
Balane• Sh••t as al 31 Mar¢h 2024
2024
2023
Note
Flx•d Ass•ts
Tanglble Assets
20,513
6.603
Curr•nt As8•ts
Stod(
Cash at Bank
Debtors
7,416
248.685
184,411
269.132
206,294
L•68: Cr•dltors: •mounts falllnq
du• wlthln on• y••r
N•t Curr•nt Ass•ts
259,817
196,561
Total A88ets L088 Liabilmes
Unrnstrfct•d Funds
General Reserves Fun¢J
Approved by tho Tru8teo$ on tho 11th J￿Y 2024 and slgned on th8￿ tehatf by'.-
Sue Vlncent
/¢1 _L¢L&hy
Laurenc8 Lyn
Imlott
Truste8
Trustee
Trust•0

NOTES TOYHE F￿￿CIAL STATEMENTS FOR THE YEAR ENDED 81 MARCH 2024
1. Aeooubthq Por￿*
2011 Pd.
Stsnd•rd No I frryn th• ￿q￿￿en1t0 lIr￿ •tatsm
1.2 TANJlbl• Flx•d A•••t• and
W¢yks
10% 8tr**t ikn•
on Eq￿Vi￿rt
c4t•r￿vj EqLlpm•
Oflc•
S•¥en Chjb Ltd Fl•nt &
20% red￿ ba
1.3 InBomSng Rwre••
IA Exp•nd•d
In(4￿1•d M in aoxwll bA
2 TINJW• Plx•d A••
e•r¥A
•Mn Dknl•
Works Fumthhln• EquIp￿t Eq*m•rtt Pam
TOTAL
At 1.4.2023
omlny
Addfdons from 80￿fi CAd• CW Ltd
Al 31.3.2tr14
48.578
1,918
34.387
148.872
7.772
678
17
89
At 1.4.20rJ
from S•wn D￿c￿b Lthl
C￿rgO (or Yow
AI 31.3.2LY24
31822
140,C69
18.329
13.48•
2.178
287
31.3.2024
At 31.32CQ3
202
23
a D•btorn
Tr•J• Dql)lor•
SuTrJry D8L*crt
13.031
21,485
398
4 Cr•thtor•. Am•thts IAllln• du• w#hln on•>•*
2024
2023
Trnle Cr•Jttorn
16,460
11.824
3.839
10.160

THE COVENT GARDEN SOCIAL AND CRAFfs CEPMIE ASSOCIATION
NOTES TO THE FINANCIAL STATEMEPn FOR THE YEAR ENDED 31 MARCH 2024
contlnued
Rdat•d Party TranMctlons
Durlng the year thore ￿tre no relat&J party trans*icTh {2023- £Nil>