_**Company number: 1511355 Charity number: 281289**_
**Kingsley Hall Community Centre Limited (A Charity Company Limited by Guarantee, company number 1511355) Financial Statements and Trustees' Report for the year ended 31 March 2024**
AT **Kingsley Hall Community Centre Limited**
**(A Charity Company Limited by Guarantee, company number 1511355)**
**Index to the Financial Statements for the year ended 31 March 2024**
||**Page**|
|---|---|
|**Index to the Financial Statements**|**2**|
|**Charitable company Information**|**3**|
|**Trustees' Report**|**4 - 5**|
|**Statement of Trustees' Responsibilities**|**6**|
|**Independent Examiner's Report**|**7**|
|**Statement of Financial Activities**|**8**|
|**Statement of Financial Postion**|**9**|
|**Statement of Cash Flows**|**10**|
|**Accounting Policies**|**11**|
|**Notes to the Accounts**|**12 - 16**|
Page 2
AT **Kingsley Hall Community Centre Limited**
**(A Charity Company Limited by Guarantee, company number 1511355)**
## **Charitable company Information for the year ended 31 March 2024**
|**Status:**|Kingsley Hall Community Centre Limited is a company limited by guarantee and a|Kingsley Hall Community Centre Limited is a company limited by guarantee and a|
|---|---|---|
||registered charity governed by its memorandum and articles of association. The directors||
||of the charity are its trustees for the purposes of charity law and throughout this report are||
||collectively referred to as the trustees.||
|**Charity name:**|Kingsley Hall Community Centre Limited||
|**Company registration number:**|1511355||
||(England & Wales)||
|**Charity registration number:**|281289||
|**Registered office:**|Powis Road||
||London||
||E3 3HU||
|**Operations address:**|Powis Road||
||London||
||E3 3HU||
|**Trustees who held office**|Sharon Macbeth||
|**during the year:**|Myra Garrett|- Deceased 11 December 2024|
||Layeek Miah||
||Alice Mackay||
||Laura Macbeth||
||Mandy Harrilal||
||Laraine St Clair|- Resigned 11 June 2024|
||Mike Parsons|- Appointed 11 June 2024|
|**Chair:**|Sharon Macbeth||
|**Treasurer:**|Mandy Harrilal||
|**Independent Examiner:**|**Anthony Armstrong FCA**||
||**Armstrong & Co**||
||_Chartered Accountants & Statutory Auditor_||
||4a Printing House Yard||
||Hackney Road||
||London||
||E2 7PR||
|**Bankers:**|**NatWest Bank plc**||
||PO Box 3423||
||161 Bow Road||
||London E3 2SG||
Page 3
**(A Charity Company Limited by Guarantee, company number 1511355)**
## AT **Kingsley Hall Community Centre Limited**
## **Trustees' Report, incorporating the Directors' Report**
## **for the year ended 31 March 2024**
The Management Committee, who are directors of the Company for the purposes of the Companies Act, and trustees for charity law purposes, submit their annual report and the financial statements of Kingsley Hall Community Centre for the year ended 31 March 2023.
## **Structure, governance and management**
## **Governing Document**
Kingsley Hall Community Centre Limited is a company limited by guarantee, incorporated on 7 August 1980 and registered as a charity on 14 November 1980. The company was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £1 each.
## **Trustees**
The Trustees of the charity who held office during the year are disclosed on page 3.
## **Objectives and activities**
The Charity's objects (the Objects) are:
- to promote the benefit of the inhabitants of the London Borough of Tower Hamlets without reference to sex or race or political, religious or other opinions by co-operating with local authorities, voluntary organisations and inhabitants in a common effort to advance education, and to provide facilities in the interest of social welfare for recreation and leisure time occupation, with the object of improving the conditions of life for the said inhabitants;
- to establish or to secure the establishment of a community centre and to maintain and manage and/or to co-operate with any local, voluntary or statutory authority in the maintenance of such a centre for activities promoted by the Centre and its constituent bodies in the furtherance of the objects; and
- to maintain and enhance the fabric of Kingsley Hall, a listed building, to maintain and preserve the heritage of Kingsley Hall, and to maintain and preserve the Gandhi Cell (the small room Gandhi stayed in on the top floor) as an historical place of peace.
## **Acheivements and performance**
Kingsley Hall has benefited from the legacy left to the Charity by Amy Minnie White and her husband James Victor White. The legacy has been spent on upgrading the Centre finally replacing all the roofs in spring and summer 2023. On the Extension a new dome was fitted, the previous dome from 1984 had corroded in the Sunlight. On the top floor a major decision needed to be made, after many quotes it was decided to keep the asphelt on the two walkways (Believed to be original with the building) and cover it with a plastic and grit. On the main roof 2 felt layers were used.
Community Food Growers Network raised funds so that they could have many meetings at Kingsley Hall, and they are interested in working together with Kingsley Hall. London Jaguars continue to have a very well attended 10 day long Christmas programme, the Gandhi Foundation have started holding events at Kingsley Hall again. Regular events continue, the Cafe team, the Needlework Group, Bangladeshi Women's Group and HOREB Church also contributed in a variety of ways in the maintenance of the Centre. A large community event was held in the summer to welcome new people to the Centre.
The building still needs major repairs before the whole Centre can be used by the public, some ceilings need replacing on the first floor, the central heating needs further work, and the toilets need renovation.
## **Financial Review**
## **Results for the year**
The results of the period and financial position of the charity are shown in the annexed financial statements.
The Statement of Financial Activities shows net expenditure for the year of £86,783 and reserves of £209,733.
## **Tangible fixed assets for use by the charity.**
Fixed assets are set out in Note 6 to the accounts.
## **Reserves Policy**
The trustees consider that a target of holding a minimum of 12 months income as a general reserve is appropriate for the charity.
Page 4
**(A Charity Company Limited by Guarantee, company number 1511355)**
## AT **Kingsley Hall Community Centre Limited**
## **Trustees' Report, incorporating the Directors' Report**
**for the year ended 31 March 2024**
## **Independent Examiner**
The Independent Examiner, Anthony Armstrong FCA of Armstrong & Co, has indicated his willingness to be proposed for reappointment.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
The financial statements were approved by the Board of Trustees on 28 March 2025 and signed on its behalf by:
## **Sharon Macbeth Trustee**
Page 5
AT **Kingsley Hall Community Centre Limited**
**(A Charity Company Limited by Guarantee, company number 1511355)**
## **Statement of Trustees' Responsibilities for the year ended 31 March 2024**
The trustees (who are the directors of Kingsley Hall Community Centre Limited for the purpose of company law) are responsible for preparing the Trustees Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of its incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- a) Select suitable accounting policies and apply them consistently;
- b) Observe the methods and principles in the Charities SORP;
- c) Make judgements and estimates that are reasonable and prudent;
- d) Follow applicable accounting standards and statements of recommended practice, subject to any material departures disclosed and explained in the accounts;
- e) Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charitable company will continue in operation.
The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006 and charity legislation. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Page 6
AT **Kingsley Hall Community Centre Limited**
**(A Charity Company Limited by Guarantee, company number 1511355)**
## **Independent Examiner's Report**
## **to the Trustees of Kingsley Hall Community Centre Limited**
I report on the accounts of Kingsley Hall Community Centre Limited for the period from 1 April 2023 to 31 March 2024, which are set out on pages 8 to 16.
This report is made solely to the trustees as a body in accordance with section 145 of the Charities Act 2011 (the Charities Act) and regulations made under section 154 of that Act. My examination has been undertaken so that I might state to the trustees those matters I am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and the trustees as a body, for my examination, for this report, or for the opinions I have formed.
## **Respective responsibilities of trustees and examiner**
As described on page 6, the trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144 of the the Charities Act and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- a) examine the accounts under section 145 of the Charities Act;
- b) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
- c) to state whether particular matters have come to my attention.
## **Basis of independent examiner's statement**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## **Independent examiner's statement**
In connection with my examination, no matter has come to my attention which gives me cause to believe that in, any material respect:
- accounting records were not kept in accordance with section 386 of the Companies Act 2006 Act, or
- the accounts do not accord with such records; or
- **-** the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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, or
- the accounts have not been prepared in accordance with the Charities SORP (FRS102).
I 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.
Anthony Armstrong FCA, Independent Examiner **of Armstrong & Co 4a Printing House Yard** _Chartered Accountants & Statutory Auditor_ **Hackney Road London Dated: 28 March 2025 E2 7PR**
Page 7
**(A Charity Company Limited by Guarantee, company number 1511355)**
## FS **Kingsley Hall Community Centre Limited**
## **Statement of Financial Activities**
## _**incorporating the income and expenditure account**_ **for the year ended 31 March 2024**
|**Notes**
**Income from:**
Other trading activities
3
**Total income**
**Expenditure on:**
Charitable activities
4
**Total expenditure**
**Net income/(expenditure) and movement in funds**
**Reconciliation of funds:**
Total funds brought forward
10
**Total funds carried forward**
10|||**2024**
**2023**
**Total Funds**
**Total Funds**
£
£
28,690
30,153
**28,690 **
**30,153**
115,473
49,045
**115,473**
**49,045**
(86,783)
(18,892)
296,516
315,408
**209,733**
**296,516**|
|---|---|---|---|
||**Unrestricted**
**Funds**|**Restricted**
**Funds**||
||£
28,690|£
-
**-**
30
**30**
(30)
3,118
**3,088**||
||**28,690 **|||
||115,443|||
||**115,443**|||
||(86,753)
293,398|||
||**206,645**|||
All incoming resources and resources expended are derived from continuing activities. The statement of financial activities incorporates an income and expenditure account. The accompanying accounting policies and notes form an integral part of these financial statements.
Page 8
**(A Charity Company Limited by Guarantee, company number 1511355)**
## **Kingsley Hall Community Centre Limited**
## **Statement of Financial Postion**
## **as at 31 March 2024**
|**Notes**
**Fixed assets:**
Tangible assets
6
**Total fixed assets**
**Current assets:**
Debtors
7
Cash at bank and in hand
8
**Total current assets**
9
**Net current assets/(liabilities)**
**Total net assets**
**The funds of the charity:**
Restricted income funds
14
Unrestricted funds
12
**Total charity funds**
16
**Creditors: amounts falling due within one year**|£
£
£
£
192,695
200,512
192,695
200,512
3,800
3,714
18,383
95,265
22,183
98,979
5,145
2,975
17,038
96,004
209,733
296,516
3,088
3,118
206,645
293,398
209,733
296,516
**31 March 2024**
**31 March 2023**|£
£
£
£
192,695
200,512
192,695
200,512
3,800
3,714
18,383
95,265
22,183
98,979
5,145
2,975
17,038
96,004
209,733
296,516
3,088
3,118
206,645
293,398
209,733
296,516
**31 March 2024**
**31 March 2023**|
|---|---|---|
||£
3,800
18,383
22,183
5,145|£
200,512|
|||200,512
96,004|
|||296,516|
|||3,118
293,398|
|||296,516|
The directors are satisfied that the company is entitled to exemption from audit under Section 477 of the Companies Act 2006 and that no member or members have requested an audit pursuant to section 476 of the Act.
The directors acknowledge their responsibilities for:
(i) ensuring that the company keeps proper accounting records which comply with Section 386 of the Companies Act 2006; and
(ii) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of the financial year and of its surplus or deficit for the financial year in accordance with the requirements of Section 394 and 395 of the Companies Act 2006, and which otherwise comply with the requirements of this act relating to accounts, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard 102.
## **The financial statements were approved by the Board of Trustees on 28 March 2025 and signed on its behalf by:**
**Sharon Macbeth Trustee**
_**The notes on pages 11 to 16 form part of these accounts.**_
Page 9
**(A Charity Company Limited by Guarantee, company number 1511355)**
## **Kingsley Hall Community Centre Limited**
## **Statement of Cash Flows**
## **for the year ended 31 March 2024**
|**Notes**
**Cash flows from operating activities:**
Net cash provided by/(used in) operating activities
**1**
**Cash flows from investing activities:**
**Change in cash and cash equivalents in the reporting period**
**Cash and cash equivalents at the beginning of the reporting period**
**2**
**Cash and cash equivalents at the end of the reporting period**
**2**
**Notes to the Cash Flow Statement**
**1)**
**Adjustments for:**
Depreciation charges
(Increase)/decrease in debtors
Increase/(decrease) in creditors
**Net cash provided by/(used in) operating activities**
**2)**
**Analysis of cash and cash equivalents**
Cash in hand
**Total cash and cash equivalents**
**Reconciliation of net income/(expenditure) to net cash flow from**
**operating activities**
Net income/(expenditure) for the reporting period (as per the statement of financial
activities)|**2024**
£
(76,882)
(76,882)
95,265
**18,383**
**2024**
£
(86,783)
7,817
(86)
2,170
**(76,882)**
**2024**
£
18,383
**18,383**|**2023**
£
(12,811)|
|---|---|---|
|||(12,811)
108,076|
|||**95,265**|
|||**2023**
£
(18,892)
8,325
689
(2,933)|
|||**(12,811)**|
|||**2023**
£
95,265|
|||**95,265**|
Page 10
**(A Charity Company Limited by Guarantee, company number 1511355)**
## **Kingsley Hall Community Centre Limited**
## **Accounting Policies**
## **for the year ended 31 March 2024**
## **Basis of preparation**
The financial statements have been prepared in accordance with:
- a) Applicable UK accounting standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)'.
- b) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP FRS 102);
- c) the Companies Act 2006.
- d) the Charities Act 2011.
## **Public benefit entity**
The charitable company meets the defination of a public benefit entity under FRS 102.
## **Going concern**
The company's income is mainly derived from rental income and other non self generated sources, such as grants, local authority funding and other government sources. The trustees consider that there are no material uncertainties about the likelihood that this support will continue and accordingly, the accounts have been prepared on a going concern basis.
## **Income recognition**
Income is recognised when the company has a contractual or other right to its receipt, it is probable that the income will be received and that the amount can be measured reliably. Income with conditions attached to its receipt is recognised when those conditions have been fulfilled.
Voluntary income received by way of donations and gifts is included in full when received.
## **Expenditure recognition**
Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. The charity is not registered for VAT and accordingly expenditure includes VAT where appropriate. Charitable expenditure includes those costs expended in fulfilling the charity’s principal objects, as outlined in the Report of the Trustees. These include grants payable, governance costs and an apportionment of support costs.
Costs are allocated directly to projects where they can be identified as relating solely to that project. Other costs are allocated between the funds based on staff time spent on the fund activities or other appropriate criteria.
## **Restricted Funds**
Restricted funds are to be used for specified purposes as laid down by the funder. Direct and support expenditure which meets these criteria are identified to the fund together with a fair allocation of other costs.
## **Unrestricted Funds**
Unrestricted funds are funds received which have no restrictions placed on their use and are available as general funds.
## **Designated Funds**
Designated funds are unrestricted funds earmarked by the trustees for particular purposes.
## **Pensions**
The charity operates defined contribution schemes which are administered by outside independent pensions providers. Contributions payable for the year are charged to the Statement of Financial Activities.
## **Tangible Fixed Assets**
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Buildings - 2% on cost Equipment - 25% on reducing balance
Page 11
**(A Charity Company Limited by Guarantee, company number 1511355)**
## F **Kingsley Hall Community Centre Limited**
## **Notes to the Accounts**
## **for the year ended 31 March 2024**
## **1 Incoming resources**
The incoming resources and deficit are attributable to the principal activities of the charity.
## **2 Net outgoing resources**
||||
|---|---|---|
|**Net outgoing resources**
_Net outgoing resources are stated after charging:_
Independent Examiner's fees - examination services
Depreciation - owned assets
**Trustees' emoluments**|**2024**
£
1,200
7,817
-|**2023**
£
1,200
8,325|
|||-|
## **Trustees' emoluments**
Emoluments include salaries, fees, bonuses, expense allowances and estimated non-cash benefits receivable. All trustees serve in a voluntary capacity and do not receive payment for their services.
|**Income from other trading activities**
Lettings
Hall Hire
Sundry income|**Unrestricted**
£
-
28,610
80
28,690|**Restricted**
£
-
-
-
-|**2024**
**2023**
**Total**
**Total**
£
£
-
1,560
28,610
28,593
80
-
28,690
30,153|
|---|---|---|---|
- **3 Income from other trading activities**
|**Expenditure on charitable activities**
Staff salaries
Staff pensions
Rates
Light & heat
Maintenance
Telephone
PPS
Insurance
Bank charges
Sundry expenditure
Depreciation: Land and buildings
Depreciation: Office equipment
Independent Examination
Accountancy services|**Unrestricted**
£
20,605
464
1,435
8,989
69,719
493
82
3,850
87
212
6,173
1,614
1,320
400
115,443|**Restricted**
£
-
-
-
-
-
-
-
-
-
-
-
30
-
-
30|**2024**
**2023**
**Total**
**Total**
£
£
20,605
15,755
464
361
1,435
712
8,989
16,623
69,719
626
493
733
82
-
3,850
3,989
87
72
212
129
6,173
6,173
1,644
2,152
1,320
1,200
400
520
115,473
49,045|
|---|---|---|---|
- **4 Expenditure on charitable activities**
- **5 Staff costs**
|**Staff costs**
Staff salaries
Staff social security
Staff pensions
Employees paid in excess of £60,000 during the current year and previous year:
Average number of employees during the year was:|**2024**
£
20,605
-
464
21,069
2
None|**2023**
£
15,754
-
361|
|---|---|---|
|||16,115|
|||2|
|||None|
Page 12
**(A Charity Company Limited by Guarantee, company number 1511355)**
## F **Kingsley Hall Community Centre Limited**
## **Notes to the Accounts**
## **for the year ended 31 March 2024**
|**6**
**Tangible fixed assets**
**Tangible 1**
**Tangible 2**
**Fixtures &**
**equipment**
£
£
£
**Cost**
As at 1 April 2023
-
-
-
As at 31 March 2024
-
-
-
**Depreciation**
As at 1 April 2023
-
-
-
Charge for the year
-
-
-
As at 31 March 2024
-
-
-
**Net book value**
As at 31 March 2024
-
-
-
As at 31 March 2023
-
-
-
**7**
**Debtors: amounts falling due within one year**
Operating debtors
Prepayments
**8**
**Bank and cash in hand**
Bank current account
Petty cash
**9**
**Creditors: amounts falling due within one year**
Payroll taxes
Net salaries
Pensions liability
Accrued expenses|**Land &**
**buildings**
£
617,349
617,349
423,293
6,173
429,466
187,883
194,056|**Equipment**
£
60,406
60,406
53,950
1,644
55,594
4,812
6,456
**2024**
£
1,040
2,760
3,800
**2024**
£
18,499
(116)
18,383
**2024**
£
(1)
(376)
-
5,522
5,145|**Total**
£
677,755|
|---|---|---|---|
||||677,755|
||||477,243
7,817|
||||485,060|
||||192,695|
||||200,512|
||||**2023**
£
1,040
2,674|
||||3,714|
||||**2023**
£
95,265
-|
||||95,265|
||||**2023**
£
214
1,438
120
1,203|
||||2,975|
Page 13
**(A Charity Company Limited by Guarantee, company number 1511355)**
## F **Kingsley Hall Community Centre Limited**
## **Notes to the Accounts**
## **for the year ended 31 March 2024**
|**10 **
**11 **
**12 **
**13 **
**14 **
**15 **|**The funds of the charity: current year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_
**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_
**Designated funds: current year**
Fixed asset fund
**Designated funds: prior year**
Fixed asset fund|**The funds of the charity: current year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_
**The funds of the charity: prior year**
_Restricted funds_
Restricted income funds
_Unrestricted funds_
Designated funds
General funds
_Total unrestricted funds_
**Designated funds: current year**
Fixed asset fund
**Designated funds: prior year**
Fixed asset fund|**Opening**
**balance**
£
3,118
200,394
93,004
293,398
296,516
**Opening**
**balance**
£
3,158
208,679
103,570
312,249
315,407
**Opening**
**balance**
£
200,394
200,394
**Opening**
**balance**
£
208,679
208,679|**Resources**
**arising**
£
-
-
28,690
28,690
28,690
**Resources**
**arising**
£
-
-
30,153
30,153
30,153
**Resources**
**arising**
£
-
-
**Resources**
**arising**
£
-
-|**Resources**
**utilised**
£
(30)
(7,787)
(107,656)
(115,443)
(115,473)
**Resources**
**utilised**
£
(40)
(8,285)
(40,719)
(49,004)
(49,044)
**Resources**
**utilised**
£
7,787
7,787
**Resources**
**utilised**
£
8,285
8,285|**Other**
**movements**
£
-
-
-
-
-
**Other**
**movements**
£
-
-
-
-
-
**Transfers &**
**adjustments**
£
-
**Transfers &**
**adjustments**
£
-
-|**Closing**
**balance**
£
3,088
192,607
14,038|
|---|---|---|---|---|---|---|---|
||||||||206,645|
|||||||||
||||||||209,733|
||||||||**Closing**
**balance**
£
3,118
200,394
93,004|
||||||||293,398|
|||||||||
||||||||296,516|
||||||||**Closing**
**balance**
£
192,607|
||||||||192,607|
||||||||**Closing**
**balance**
£
200,394|
||||||||200,394|
|||||||||
||**Fixed asset fund**|This fund represents the amount of charity funds locked up in freehold land and buildings
and other fixed assets which are needed for operational purposes. The funds are carried at
the net book value of the fixed assets at the balance sheet date, after deducting any
outstanding loans, endowment funds or restricted funds used to finance their acquisition.||||||
||**Restricted funds: current period**
Heritage Lottery
Goldman Sachs
**Restricted funds: prior period**
Heritage Lottery
Goldman Sachs||**Opening**
**balance**
£
118
3,000
3,118
**Opening**
**balance**
£
158
3,000
3,158|**Incoming**
**resources**
£
-
-
-
**Incoming**
**resources**
£
-
-
-|**Resources**
**expended**
£
30
-
30
**Resources**
**expended**
£
40
-
40|**Transfers &**
**gains /**
**(losses)**
£
-
-
-
**Transfers &**
**gains /**
**(losses)**
£
-
-
-|**Closing**
**balance**
£
88
3,000|
||||||||3,088|
||||||||**Closing**
**balance**
£
118
3,000|
||||||||3,118|
Page 14
**(A Charity Company Limited by Guarantee, company number 1511355)**
## F **Kingsley Hall Community Centre Limited**
## **Notes to the Accounts**
## **for the year ended 31 March 2024**
## **Restricted funds (continued)**
Projects financed by restricted funds are supported by unrestricted funding where necessary. This occurs where the funding is in arrears or the incidence of expenditure on the project occurs disproportionately at the beginning of the project compared to the income flows. Where restricted projects end the year with a deficit, this is met by after year-end restricted income or transfers from unrestricted funds.
**Heritage Lottery** Heritage Lottery was a grant provided for a major heritage project, "Kingsley Hall and the Legacy of Muriel Lester". The project preserved and archived the personal papers of its cofounder, Muriel Lester, and is making the history of Kingsley Hall and the Lester sisters accessible to everyone. **Goldman Sachs** Funds received for roof repairs.
|**16 Net assets attributable to funds: current period**
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds
**17 Net assets attributable to funds: prior period**
Tangible fixed assets
Current assets
Current liabilities
Net assets represented by funds|**General**
**funds**
(4,488)
23,670
(5,144)
14,038
**General**
**funds**
-
95,979
(2,975)
93,004|**Designated**
**funds**
£
192,607
-
-
192,607
**Designated**
**funds**
£
200,394
-
-
200,394|**Restricted**
**funds**
£
4,576
(1,488)
-
3,088
**Restricted**
**funds**
£
118
3,000
-
3,118|**Endowment**
**funds**
£
-
-
-
-
**Endowment**
**funds**
£
-
-
-
-|**Total**
£
192,695
22,182
(5,144)|
|---|---|---|---|---|---|
||||||209,733|
||||||**Total**
£
200,512
98,979
(2,975)|
||||||296,516|
## **18 Taxation**
The company is a registered charity. Accordingly, it is exempt from taxation in respect of income and capital gains to the extent that these are applied to its charitable objects.
## **19 Post balance sheet events**
There were no significant post balance sheet events.
## **20 Pension commitments**
The charitable company contributes to employees defined contribution stakeholder pension schemes. The assets of the schemes are held separately from those of the charitable company in an independently administered fund.
|||**2024**||**2023**|
|---|---|---|---|---|
|The unpaid contributions outstanding at the year end were:|£|-|£|120|
## **21 Contingent liabilities**
The charitable company had no material contingent liabilities at 31 March 2024 nor at 31 March 2023.
## **22 Related parties**
There were no disclosable related party transactions during the year.
## **23 Transactions with trustees**
There were no material transactions with the trustees during the year.
## **24 Gifts in kind and volunteers**
During the year the charitable company benefited from unpaid work performed by volunteers.
Page 15
**(A Charity Company Limited by Guarantee, company number 1511355)**
**for the year ended 31 March 2024**
## F **Kingsley Hall Community Centre Limited**
## **Notes to the Accounts**
## **25 Company status**
The company is limited by guarantee and has no share capital. The guarantors liability in the event the company is wound up is restricted to a maximum of £1 each.
Page 16
REF. NUMBER
```
SSN9A-7963Z-7Q7QW-HGADB
```
DOCUMENT COMPLETED BY ALL PARTIES ON **`28 MAR 2025 15:40:48 UTC`**
## **SIGNER**
**SIGNER TIMESTAMP SHARON MACBETH** SENT **`28 MAR 2025 14:05:28 UTC`** EMAIL VIEWED **`SHARONKINGSLEYHALL77@GMAIL.COM 28 MAR 2025 15:38:12 UTC`** SHARED VIA SIGNED **`LINK 28 MAR 2025 15:38:38 UTC`**
## **SIGNATURE**
IP ADDRESS **`90.217.236.20`** LOCATION **`SOUTHWARK, UNITED KINGDOM`**
**TONY ARMSTRONG** SENT **`28 MAR 2025 14:05:28 UTC`** EMAIL VIEWED **`TONY@ARMCO.CO.UK 28 MAR 2025 15:39:57 UTC`** SIGNED **`28 MAR 2025 15:40:48 UTC`**
IP ADDRESS **`185.78.8.123`** LOCATION **`TOWER HAMLETS, UNITED KINGDOM`**
## **RECIPIENT VERIFICATION**
EMAIL VERIFIED **`28 MAR 2025 15:39:57 UTC`**
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