R•gl•t•rnd numbor. 1270770 Chartty numb•r. 282089 HAMPSTEAD COMMUNITY ACTION LTD. (A company Ilmlt•d by guarnntso UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS Aor tho y•ar •ndod 31 March 2022 HAPAPSTEAD COMMUNtrY ACTION LTD. IA Ilmlt•d by gu•r•nt••) CONTENTS R•f•r•nc• and •dmlfil•tratl¥• d•tall• ol th• C•nlr•. Its TnMt•M and •dwkn•rn Tru•t•••' r•port Ind•p•nd•nt •x•mln•rf• r•port St*t•m•nt ol fin•n¢l•l *ctlvllhi• 10 11 B•l•n¢• •h••t 12-13 Not•• to th• Iln•ncl•l •t•t•m•nts 14-22 HAPJIPSTEAD COPAPAUNITY ACTION LTD. IA comp•ny Ilmknd by guarnnts•l REFERENCE AND ADMINISTRATIVE DETAILS OF THE CENTRE, ITS TRUSTEES AND ADVISERS lor the y•ar onded 31 Ma￿h 2022 Chris Knight Stephen 8randes John Goldsmith Linda Chung Guy Wingate Company v•gl•t•rnd numb•r 1270770 Ch•rlty r•gl•tsrnd numb•r 282089 R•ght•f•d offk• 78 Hampsto•J HKJh Strert Lond￿, NW3 1RE S. 8randes Prfnclp•l •t*ff Rkhard Weaver A¢count•nt Drennan & Co., 11 Hammw*mith Terrxe, London. ￿ 9TS 8ankn NatW8st, 1c6 Flnch* Ro*Y, Lonth)n NV43 5JN NatiorwKle 8uildiNJ Sct Page 1 HAMPSTEAD COMMUNrtY ACTION LTD. IA comp•ny Ilmlt•d ty guarnnt••l TRUSTEES. REPORT forth• yoar end•d 31 March 2022 The Trust￿ Prnsent thety annual teprxl togettw wth the finan(aal 8latemwts of the Hampstead Communty Action Ltd. for the p8ricpJ 1 April 2021 to 31 Marth 2022. The Annual report serves the purFQSeS of both Trustees, report and a direths. re￿￿ undèr company law. The Trustées confimi that the Annual report and rinancial statements of the Chartsb￿ company e4)mpty th the c￿rIen1 statutw requirements, the requI￿rnents of the charrtable COM￿nIS governing dcKument aThJ the prwsions of the Statèment of Recommended Prath"ce ISORPI apP1Kab￿ lo Charit￿ preparing tr*ir accounts in accordance the Financral Repth'ng Standard applieab18 in tho UK and Republ￿ of lrnlaTrJ IFRS102I (effecti￿ 1 January 2019}. Since Iho Centre qualifi88 U Small under mcl1￿ 382 of tho Comp￿￿?5 2fAX. the Strategic rewrt wuired of me(lium and lafge w￿pan￿ uTrJer the Compani88 Act 2rM IStrategi¢ Ropxl aTrJ Directors. Rep￿} R8gul8tKn8 2013 has bgen omrttsd. The Contre al80 tr•d81 under tho Mme"Hampstsad CMimunlty Cenh.. OWECTNE8 AND ACTivrriES a. Polkl•• and obJ¥tlv The Cenlre's prernws at 78 Hampstead Hwh Stroot c¢)mprise a recepth)n area and large hall on the ground cor. both wth disabw acces8 arKI fw'lities On tho upper 1k￿r5, ￿re ￿ an •Jministration office. meeting rooms and a small interv*w r&)m. There ffj a small gmuThJ frf)ty rthl unrt 8ThJ ad￿1n11¥a market arna vAth four The Centro wowdes orgar￿sed actiwti88 and SefVW lor v8rh)u8 899 groups and ne•Js. These takè place on fjekdays in thè hall and m•eting rwms. The hall and rooms are availabbtr for hire al **okends and in the evonings and are Fopular support gffjups ar¥J classes. Tho Centre is op•n avery day ol the year. The Centro18 8 xKial enterfv and to make the lolltr*ry 0￿ra11 8peufic drfloren￿ to the Ihe8 of Camden re8thnts'. Improve F*ople's access to safe. stsmuLqting caro for chiklren aged 4 12 Increase crethe play opprytunrt*s for children under fve and 8UPPOrt to th•'r parents and wer8 Improve people's access to advtt, informati￿, SUPFQrt, counselling and advocacy Improve peop￿,$ access to meets'ng for vduntsry and cJ)mmunty grr￿pS Promote and support healthy Irving lor the eldety and other groups, ifKbudiThJ Iho of an outdoor produc• markel for the thality r 605 activrt*slevents induding Christii)as Day Lunch for older pewl8 on ltr￿'r Under Ss. Tem.tsme Tuesday- Frth parentlcarer *ith tctyadler grou After s￿c￿l Playcentre14.12'sl: Temi.Time Monday. Frthy Playschemes15-12'sl: Summer, Easler & h8W-tsrm¥ n MaylJuno. Cttobgr & Fetsiw %JKM)I h￿￿ayS Outdoor Communty Provisky* markat Counselling SessKJns Communty supp)rt groups {suth as Al CA NA CODA etc). kxal 1818ure groups. language d8SSeS, art classes, ycga and SFeaal events The Centre makes resouTces availablg to Ott￿ commun￿1 groups for the cr8*iM and fvrtrw deveknprr*nt of SerV￿e$. The Centre has a number ofdelaibed in relalw to all asp￿ ofthe Centre Induding.. Page 2 HAMPSTEAD COMMUNrrY ACTION LTD. IA company Ilmit•d by gu•rant801 TRUSTEES. REPORT IcopmNUED) for th• y•ar end•d 31 March 2022 OBJECTIVES AND ACTivmES {conllnu•dl Equal OPFQrtunths and valuing dr• FYJI* Health & Safety Policy Chiklr8n's Safeguarding Poli¢y Vulnerabl¢ Adults Safeguarding Poliy GDPR Data s¢hedU￿ Pol Mojem sL1￿ry and Human Traffid(irw Slatwnort ACHIEVEMENTS AND PERFORPAANCE A. K•y p•rfomMn¢• Indlc•torn Thè key porformanco Indieat(Ys ore.. Income receNe(I Surplus for ￿ yeor Funds £307.e67 12020r21 £262.832) £ 31,314 {2020r21 Els,7￿) £221,840 12019110 £1￿,526) b. R•vl•w of actl¥ltl•• cov1￿19 Most of the Centre's a¢trth, wAc• arwj 8upwt group8 open lffjm ￿1 2021 with th• •xc•ption of the Over 608 social group and, from 12 April. $tsrt&J to see **ekend and mth¥eek hirers rntum. From the 17 May, most groups retumed in line with go¥•mrrrtnt 9uthlww. There h•B been a swJnrfKant irKrna86 in support group8 operabng Irom the Centr¢. All stslls In the oulsKle mgrt(8t rernan￿ open Ihrcwtrfxrt the yew. All staff rèlumed lo work in Wl., wkers remained ￿ rtduc•J I￿18 until June. OVER 808 ACTIVITIES The Cfver 608 xtial dub remirrfd ¢hJ8ed durlry the yoar dug to the p•ndemK. Membern clmtlnued to be ntscted ¢)ver the and camed our Intergem￿l rKoiect wllh Her¥JorKm Court Age UK Camden whcffi •rn in pknrnhip. The club ￿11 onty rec¢*n when bt * safe to do in with guKJdlne8. A Chdstmas Day Lunch event w again lyn1￿1 rerrthty with ddwery of 85 kn￿￿¢0￿1$e lunthes by a specialist company and 85 hamper3 deliwed by voluntsers to older people in the local area. Wartrose. Lord's of Notting Hill, Judy Green Store and ts pUt￿lC thr(MMJh urywd-fundwj donations, fvn¢Jed this evenl.The Centre tsrgeted those most in r￿ed and vthed cknsety tfvnth Alult S￿1 Care, day Centre's, agencyas, Age UK Camden, shellered fMwwn9 and sorial vthorkers. Camden Ne* Joumal Christmas Hamper fund donated 50 hampgts. CHILDRENS PLAYCENTRE 4 12s (term time aThY s¢hoc4 hLq*Jay3) The Summer P*he￿ and the temi timo PlayrAntre arn imFKylant ser4vx ￿ the thiklrnn1&121 aThd their parentslcarers thin Ihe bxal communty There are also a large number of youTrJ pewkn aged 1>18 who volunteer thw'r time as part of our'brAlgiry*gap' age The serv￿5 receive very gr￿ rep)rts frcmn Camden Council grnnl m￿￿Oring off¢ers have to reFX)rt quarterty Wh￿ are folkrtmd up by m8etsNJsl. The servw are atso insFected by Ofsted." Registered No's 116323 Icentrel and EY262532 (Ftyhn's Sd￿). Page 3 HAMPSTEAD COMMUNiff ACTIOP4 LTD. (A comp•ny lknll•d by gu•rnnt••) TrUSTEES' REPORT {CONTINUED) ft>r th• year end•d 31 March 2022 ACHIEVEMEP4TS AND PERFORAIANCE {contlnu•dl The Aft•r S(*ool Pla￿￿tra had • 'twbble system. ¥1 until the end of Juty and remained open thToughout the year ex￿p1 in the L88t t￿8k of the ￿mMer term all Iho staff h&1 to 8elf4801ats. Over 50 chihjren from Camden'$ dwerse cgmnmunty are regLstered at Ihe After School Playcentre provided an exiensivè progfamme of acbwbes after sctrt￿I in the Centre's hall until 6pm Mor￿4y-FndaY during the school lemi. This is a servTh for thildren aged 4-12 and essentsl for many vAyking parents and ca￿1S, especsally those on low househokj irKXJmes. Wth finanryal surwrt fmm Charitabl8 Trusts and Camden the After School Playcentre continue(I to W0￿de o)st or Ire8 places in 2￿21r22 for porentslguar(i￿nS most in need. The PlaY￿ntro opèrntsd a pick-up fa(a'lty for the chiklren of Fttjohn's sc1K￿l, Hamps￿1 Parochkgl School an¢Y New End Schwl. T￿ chlklr•n ?￿1 peo* arn looked after ty 8 wy exper￿￿ed staff to￿ tsy the ¢jPFw￿nfy lo part￿.pate in an exatsng and stiMU￿￿Th9 programme of carr￿d out wthin a safe and ¢8rin9 environment. Thrn is mado possib￿ through carelul pknning aNJ ￿ u86 of suitable &4uipmont and malenals. Children are enccAJraged to Share, iesF4cl and le•m from e￿h otherf$ C￿llUreS and tradition$ and express them8•lv88 thrnugh Imagina￿ and ¢yoatNe p*. In partnership wth Age UK Cwth. the Playcerkn wns a very S￿￿5￿j1 tranwgé yoject called 'Act Your Age, cl￿nts of Her￿(80Th Court day centro. Thi• conlinu•J rAayschen￿s thrwh¢￿t the year mainty a di$tsncing project. After extensNe planning arid wbth weparntKTh n p*e In of a ¢￿tbreak in Its flr8t 2 *ryeks before guidelines changed the Communty Centre ran • summer plajrycheme for childrnn &12 at Fitziohn's Primary sch¢)ol from 27th July - 2181 August. Th scheme was very succe5sfvI and lull on all *peks Iwaib"ng list in operalionl. This year we had a fvll progr8mme NKILvJirwJ trips to ts Aqua￿￿ * lh8 Olympic pool and Kayaklng at the Welsh Harp lunded by the Young C8nyJ8n FourthIK￿. We ware part of the HAF (Hol￿aYS, Acbwtres and Fc(#Jl wogramme. wthich provided free plrn lor 23 children with a healthy p¥ked lunch threntre staff. was extra work the slaff but w(¥th il for those familM. Prh)rty rn 9tr￿n to childr•n ottendlng the tem pb•, rknl8. chlhjren n n*J and chlklron with di8abiltss The￿ I￿re 120 wisteTgJ ¢hikJfen with eo th￿ren attendirvj d•y. Parents and carors ￿re able to make crynm•nts or sugg￿￿¥ M the scheme through wr var#)us parent and carer consullabon prccesses. AJI the feedbKk obtsrnd Is uwj to I￿P ftN)nltor the C￿tefit ol the pn)grnmme and make improvements as necessary. The London 8orough of Camden. Hamptoad Churches YLwJlh Cthnmitlee. fees and fUndr￿n9. funded the playcentrg. I hair temi Play7c￿￿ {41281 conlinwd thrw the UNDER 5$ The Under Ss support gr￿pS remained ¢)pen throughoLrt the ytar. Fn)m Apn"121 Parentgcarers had to I￿￿k and pay in &h8nce for their chihj to attend of stx separate 'bubtdes'. chI￿aren were in e4Jnsistent groups of 15 children, so the sarm 15 chiklren attended that bubb￿ for the term. those attending had to adhere lo Govemment guidelines.. obserwng scual dL8tsnurvJ ￿ *1 adulls. hand S￿[￿$￿￿d. *aring of face coverings and there was enhanced c*ning of all equipment Page 4 HAMPSTEAD COPAMUNiff ACTION LTD. IA comp•ny Ilmlt•d ty guar•nt••l TRUSTEES. REPORT ICOPfflNUEDI for th• y••r •nded 31 2022 ACHIEVEMENTS AND PERFORPAANCE Icontlnu•dl Under 5,8 relurwl to a drop wi from September 21. A regi¥tr¥lKm form was introdLK•J to récord their full Gonlact detsils. The group8 provMI8 8 sale, hw, cxiThJ and securn en¥ironm8nL T1￿ chthjron arn encourag*J lo knarn skills and interact other chikdfen through creatNe free play and a bro•J range ol $tructured actNitses.A fvll prcgramme of actsvths 1$ 6och term and a satssfactw survty is caffied OLrt annuauy in addition to conbnuou$ feedb￿k rKccesses. OTHER USERS Room 3 ¢onttnued to bg us•(I for ¢oun8elling thTougPwl the yoor Communty 8UPFQrt groups I￿h a8 AA CA, ￿ and COOA opw8tsd from RcAxn 2 (top Ib)orl every day of the week including chriStrr￿ day. LcKal ￿lUre groupB, bnguage ck•s8￿ and art SI￿d r•open*o wi Aw'l t￿1 8119ftyJFO reluming by Juno 21. FINANCIAL REVIEW •. R•••rvM polky Grants of re8trkted w• 9onef81ty made for on• eX￿rtUre. The Trustees ¢Jo not trwlld up re8erye8 of 8uch fund$ as thls would be contrary to the donor¥' intont A programme ol rthrtA8hm¢rt repAirs and mamitanance Is Wi ￿ with a d88ynated ￿￿0p￿ty upkeep fund The Centre h•8 a 20 (Ir￿￿ 20161 aThd must shN that rt has Frf)li(aes In p*• to maintsin the premis￿. The Trustees aim lo accumukte unrestrKknJ fijnds to for adequate *rJrf(ing Capital, uneven patterns of expendrture and 12 months running costs in caw funding kM)ger bgcomes 8vaikqb￿ from previous sources or there ts a reduclion In eommercral Income. The c￿tre is *thing t(T￿￿$ m*ttng this requirement and the pr88ont unrestrKAed r8ser¥os are £217,713. b. Rmutt The out8vJe market stalls and th8 ollw users C¢￿ a ssnfftant aftthinl ttr•Ards the running costs of the Centre. FurKlirwJ for a¢tyvltM arKI CA)mM tr(Yn locAI autrvty, charrtable trusts aThJ user contn'butions. The hall. recepiKin aroa and upper tcrflets *•re redecryw during A￿U$l The resull for the year wa$ an excess of inc¢)me over expenditure of £ 31,314 ￿ the help of sound financkil management and the supwr of rts stsff. Unrestricted ￿ServeS linduding desvJnalgJ reserves) carried forward al 31 March 2022 are £217,713. Page 5 HAIAPSTEAD COMMUNrrY ACTION LTO. IA comp•ny Ilmltsd by guarnnteel TRUSTEES. REPORT {CONTINUEO) fr•r the year end•d 31 March 2022 STRUCTURE. GOVERNANCE AND IAANAGEMEpir •. Con•tltutlon Tho Centre i¥ c¥nstittrtwJ under a Memorandum of and is a wistered dbarity number 282089. The W￿lp81 ol'ects of the C•ntre as stated in tho 9￿MI￿j dwJm•nt are.. 'Hampstead C(xnmunty krThn as H•mrAlead Communty Centr&, 18 estsbli8hed io promte the t*nefil of thg inhabrtants in a Ixoad area centred on the Communty Centre wthin the London 8orough of Camden, to athance •JutsI￿1 and to f￿.1￿S arKI in the interests of soc￿1 wallare. re¢rèation and leisure th.rm ￿pats￿ wrth ts rtjject of improviNJ the cr the preven and detecbon of fratyj and otmr irrBgulartsS. Approved by onlor Df the MeM￿r5 of th8 b)ard of Trustw +Jn 15 Jur￿ 2022 syned on their behaff by., st•ph•n Brnnd•• Page 9 HAMPSTEAD COMMUNrrY ACTION LTD. IA company limlt•d by guarnntsel INDEPENDENT EXAMINER'S REPORT for thfj y•ar ended 31 March 2022 Ind•p•nd•nt •x•mln•f• rnport to th• Tru•t••• of H•mp•t•ad C¢xnmuTrlty *xtk>n Ltd. llh• C•ntm'l I report to the charbty Trust￿$ on my examina1￿ ol thg xcwnts of the Centre for the year endwj 31 March 2022. Re•pon•lblllllM and bMl• of ff•port A¥ the Trustees of the Centre land ts (firectorn for the wrp)s8s of company lawl you arn respKMsible for the preparation of the accounts in xcordancé the r63uirements of the Compan*s Act 20￿{'the 2006 Act). Having satisfied myseH that the accounts of the Centre arn not requirnd to be 8udite¢l under Part 16 of the 20C6 Act and a￿ eligib￿ for independent examinatK)n, I reFort in resFrft of my examinatson of the Centre's ac￿lunts ¢arried out under secbon 145 of the Charitss A¢t 2011 2011 Acri. In carywng out my examinatK)n I h• folknvod the Directrons grven by the Charty CommisS￿n under 50¢bon 14515llbl of the 2011 Act. Ind•p•nd•nt •xamln•rf• •t•t•m•nt Slnce the Contre's grou Income ex¢eeded £250,OCN) your examinw must be a member of a tojy lislod in section 145 of the 2011 A¢t. I confirm that l am quaIrf￿d lo undertake ts èxamlnat￿ft because l am a membor ot ICAEW. ￿lch is one of the li$leAJ tojw. I have completed my examination. I cgHffirn Ihat no mattern I￿¥0 g)m6 to my attenkn In conr*8ction wlth the examination giving me cause lo belwe accounting records weo not kept in resFed of the Centro 08 rnquirod by Mct¥Jn 386 of the 20C￿ or the accounts do not xcord wth those records.. or the a¢xounts do not compty wrth the x¢ounb"ng wulrements of sec1b￿ of the 2(th Act other than any requirement that the accounts give 8 kn and fw'f 18 not 8 matter con8thred as of an independènt examinat￿n., or the accounts have not been prepaT•J in wilh tho method¥ and princip* of the Ststemenl of Recommended Practice lor ace4)unting and reporb.ng by chariti&s [applUb￿ to chanbes preparing their accounts in accordance ￿ Ihe Finarwl Reporting Stsndard ap￿￿ble in the UK and Republic of Ireland IFRS 10211. I have no ¢oncems and have come xross no other mattern in connection wrth the oxamination to which attenlior* should be drawn in this rep)rt in order to efiab￿ a prO￿r understanding of the Kcounts to be reoGhed. This r&p)rt is made solety to the Centre's Tnjstees. as a Lx)ty. acco￿n￿ *Trth Part 4 of the Chantr'es (Accounts and Rep)rtsl Regulations 2(X)8 My vL)rk has téen undertaken so that I mvJht slate lo the cent￿,$ Trustees those mattefs l am required to state to them in an Independent examiners report and for no other purpose. To the fullest extent pemitled ty law. l ￿ r￿1 accept or aSSurr￿ resr•)nwbilty to anyone other than the Centre and the Centre's Trustees as 8 b¢)dy. for my or for Ihis reF￿ Signed.. Dated.. 15 Junè 2￿22 R. G. Drennan FCA. ICAEW 11 Hammmith Terr￿. LOThJ￿ W6 gTS Page 10 MAMPSTEAD COMMUNrrY ACTION LTD. IA c(Mnpany limitod by guar•nt•el STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI fof the y•ar •nd•d 31 PAarch 2022 Total fvnd• 2022 Tot81 fvnds 2021 fund• 2022 lund• 2022 Incom• from: Charitable activities Other trading a¢b"wties Investmenls 104,808 152.158 19 155N90 152.158 19 90,324 172.244 Total Incom• 00,882 256,785 307.867 262,832 Expendlturn on: charitab￿ activths 276,353 276,353 247,036 Tol•l •xp•ndllurn 376.353 278.363 247,036 N•1 Incom•ll•xp•ndltur•) Transfers beknn funds fj0.882 149.1S11 119.5681 49.151 31,314 15,T96 14 N•t mo¥•m•nt In fund• . 1.731 29.583 31.314 15. 796 R•￿nCIlIatIon of fund•: Total funds broLwhl I￿VA Net moVem￿t in funds 2,396 18B.1JO 29M3 190.526 31,314 174.730 15,796 Totsl fvnd• carrl•d foTh¥•rd 217.713 221.840 790,526 The Statement of financial ac*vitw includes all gain8 and l(we8 rwini8¢d In the ￿. The notes on pages 14 to 22 fomi part of th888 financial statem￿. Page11 HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmll•d by guaAnt••l R•glst•r•d numbgr. 1270770 BALANCE SHEET at 31 March 2022 2022 2021 Flxod Tangibb assets 11 Curr•nt M••ts 12 19.919 293.932 18,670 192,345 C8$h at bank and In hand 313,861 211,015 Credrtors.. amounts lalliThJ duè within one 13 112.0231 (20,491) N•t curr•nt ••••t• 221.838 190,524 Total a•••t• IM• ¢yrr•nt lknbllltl•• 221,840 190,526 P4•1 ••A•ts •xcludlng p•nllon a•••t 221,840 190.526 Total n•t ••••t• 221.840 190,526 Charlty fvnd• Reslnclèd funds Unrestricted furKI$ 14 14 2,396 188, 130 217,713 Total fund¥ 221.840 190,526 Tho Contre was entled to exernpl￿ frIMn audrt under section 477 01 the Comp￿￿0¥ 2(MX. The members have not required the compBny to obtsn an audit for the wi question in ￿4)rdance ￿th section 476 01 Compan￿$ Acl 20C6. The Trustee8 their resp0M'￿'1ths for COM￿n9 wrth the requirnments of the Act V*ith respect to accounting records and preparalion of financial slatemenls. Thg financial statsrmnts have been prepart•J in with the applic*ble to entst*s subject to the small companw regime. The financial stalements apwo¥&l and althri￿ for issue Trustees on 15 Jur* 2022 and signed on thwr behalf ty.. Page 12 HAMPSTEAD COMMUNITY ACTION LTD. IA c¢)mpany limltod by guarant••l R•glstorod number: 12707TO BALANCE SHEET {CONTINUED) at 31 Ma￿h 2022 St•ph•n Brnnd The notes on pag88 14 to 22 ftym of th886 finarK4al Statem￿18. Page 13 HAMPSTEAD COMMUNITY ACTION LTD. {A comp•ny Ilml¢•d by guarnnt••l NOTES TO THE FINANCIAL STATEMENTS lor th• yèar end￿ 31 March 2022 G•n•rnl Inlorm•tk>n The entrty is a company limitèd by guarantee arKI rngffjtarnd in EngkThJ and Wths and the Charity commiss￿n. Accountlng pollcl•• 2.1 B••lA of prnp•r•tlon ol Iln•nc￿I •t*t•m• The finan¢kg1 stateff￿nts have boon prnparnj in KciKdarK* TAIth the Charitss SORP IFRS 1021 . £eountsng and Repo￿n9 ty Chanbes.. Siatemenl of Recommended Pracb'ce applicabse lo charities preparing their accounts In accL)rdance wth the Financ￿1 Rep)rts"ro Stsndard appl￿1)49 in the UK and Republ￿ ol Ireknd IFRS 1021 leffea1￿ 1 January 20151. the Fin8nual Reporting Stsndard applublo in Its UK and Republt of IreLand {FRS 10218rd the Componi8s Act 20(b. Hampstè*J Community A£twi Ltd. meets the d￿finrt￿ of a publK benefit entsty undw FRS 102. Assets and 1obilit*s arn in￿'al￿ rnccgnmed al hY8t(YKal o)st or trans•clh￿ valuo unless otherwse stated in the r*￿vant accountyng poly. 2.2 Incom• All income Is recognlsed once the Centre ha8 entittement to the income, it that the Income wll be recoNed and the arrwjunt ol IncA)me recewabkn can be measured reli8bty. 2.3 Exp•ndlturn Ex￿ndit￿re is rewnlsed once there is a legal or constructive obtKJation to transfer e¢¢>nomk benefit to a third paty. rt is probable thal a transfer ol economic benefits wll be required in settlement and the amount ol the Obl￿ation ¢•n be m&qsured relwwbty. Expermdrture 18 dassified by xtivity. The costs of each athty a￿ up of the total of di￿ costs and shared costs, including supwrt costs Involved in undertaking each acbvty. Direct eosts attributsb￿ to a single acbvty are allocated directly to that activty. Shared eosts whKh contn'bute to more than one actsvty and support costs which are not attnbutable to a Sing￿ athity arn apFf)rt*)ngd tehveen those actsvrt*s on a basis consislenl with the use of resources. Central staff costs are a1trjca￿Y ￿ the bBsis of tsm? spont and thweciation charges altsated on the pOr￿n of the asset's use. Expenditure on charitable activrtw is incurred ¢Yb di• ur*dertaking tho a¢tivths whth further the Centre's objgdNes, as well as any aSsoc￿l&j support costs. All expenditure is irKlusrffj of fftco¥ernble VAT. 2A Int•rn•t rnc•l¥•bl• Interest on frjnds hekl on des*)srt" Is induded when reC*Nab￿ and the amount can be measured reI￿bty by Centre," th¢s ts nornalty u￿)n nOtifK￿ of the interest paid or payable by the institution wth whom the funds are dep*)srted. Page 14 HAIAPSTEAD COMMUNITY ACTION LTD. IA company Ilmil•d by guarnnt••l NOTES TO THE FINANCIAL STATEMENTS lor th• year end￿ 31 March 2022 A¢countlng polkl•• {contlnu•dl 2.5 T•nglbl• fix•d ••••ts and d•prn¢l*tlon Tangibb fixed 88sets co¥kn"ng £SCQ or rm are capitalised and relxgnised when future economi¢ benefits are wcthble and the cost or value of the asset can bg moo$ured rel￿bty. Tangibk fixed assets are intslty recognised at t>)st. After rec09nrt￿i, under the cost mc•Jel. tsngible fixed assets are measured at cost ￿ accumulated depreciabon and any a￿Mulated impoirmgnt losses. Al costs irtufred to bnng a tsngibkn fixed asset Hito its intèrthd workin9 ¢ondltion Should be n¢lthled in th8 moasurnment Lrf COSL Dgpreciabon is charged so 88 to alktato trkry cost of tsNJible fixed assets I8￿ th?ir r8SKlual value over their estsmated useful INes, . Pknt and m¥hinery . 20% stsawjht IN 2.6 D•bt¢yrn Trade and other debtorn aro rwni8ed at Ihe adIlw￿l amount after any trade dlscounl offered. Prepayments aro valued at the amwnt weptsKI net of trwjo do¢ounts due 2.7 Fund a¢￿u￿tIng Goneral lunds 8r• unrostrKtsd fvndl which are available for use al Ihe diauetson of the Trustees in fvrtherance of the g•nef81 objec￿# of the Cenh and Iwe not been designatsd for other wrposes Desynaled fvnds unrestrlcled fund¥ that have been set askle by the Trustees for particular purposes. The aim and use of e*h deS￿nated fund is sel QLrt In the notes to the financ￿1 statsments. R8strthd funds are funds af8 to ￿ u8•J in acconlance Vnth specffjc rn5trthns imposed by donor¥ or whKh have toen rn￿ed by Ihe Centre for parkncular purr*)ses. The costs of raising and Jmin￿lering such funds are chafged against the specthc fund. The aim and use of each reslricled nd set Lmrt in the notes to tro finar￿181 statem￿. Page 15 HAPJIPSTEAD COMMUNrrY ACTION LTD. IA ¢IXn￿my Ilmlt•d by guar•nt••l NOTES TO THE FINANCIAL STATEMENTS lor th• y￿r •nded 31 2022 Income from ch•rft•bl• •thltl•• Total fund• 2022 funds 2022 lund• 2022 ()4¢r WI Undor 5.8 Playcenh1&12) 2,416 12.148 7A16 12.148 13S.926 45,882 Total 2022 104,608 165,490 Tot81 funds 2021 fvnds 2021 fvnds 2021 Over eo'• Under 5,8 Ploycentr81&121 1,358 3,325 38,839 6,358 3,325 80,641 41,802 Tot812021 46.802 43.522 90,324 An•ty•h of Re*tr￿ Fund• R•c•lv•d Totsl lund• 2022 fund• 2022 Age UK Camden Lon¢Jon Borough of Camden Hampslead Wells & Campden TnJsl- Play¢Mtre Hampstead Churches Youth Committee Young Camden Foundat#)n 41,402 41,402 1,400 2,180 2.180 50.882 50.882 Page 16 HAMPSTEAD COIAMUNrrY ACTION LTD. (A COmPAny Ilmll•d by gu•r•nt••l NOTES TO THE FINANCIAL STATEMENTS for th• y•ar gnd•d 31 IA•fch 2022 Incom• fvom oth•r tradlng actlvlllo• Incom• from lundrnl•lng •v•nts Unrnstrl¢t•d fund• 2022 Total fund4 2022 Lettings- market stalls Letting$- halls & rooms Miscellaneous donations Furtwh payrdl grant Other 113,377 30,308 S,380 3,092 113.377 30,308 3.092 152,158 152.188 fvnds 2021 2021 Letts'ngs- market slalls Letts'ngs- halls & rcom$ Miscellanecmjs donatrJn$ Fudough psyroll grant Camden Retsil•rn Grant 92,070 11.165 7,OT3 36.936 25,L 92.oro 11,165 7.073 36,936 25.Ci)O 1T2.244 172,244 Inv••lm•nl Incoffl• Llnrn•trfcted fund• 2022 T¢>t*l fvnds 2022 Bank deposit interest 19 19 Page 17 HAMPSTEAD COMMUNiff ACTION LTD. IA comwny lknit•d by gu•rants• NOTES TO THE FIP4ANCIAL STATEMEpirs for the yur •nd•d 31 IAarch 2022 Inve•lm•nl Inc¢)mo {contlnu•dl Total fvnds 2021 funds 2021 Bank d￿K￿ interest 264 264 An*ly•l• of •xp•ndlturn on ch•fltslA• *ctl¥ltl•• Summary by fvnd tyP• Unmtrlct•d lund• 2022 Total fund• 2022 Q4er 8LYJ Unoer 5,$ Playcenlre1&121 Running co¥ts ol Centre Payroll of fvrfoughed slaff Refvrbtshmenl costs 3,415 13,668 99.040 155.720 3,416 13,608 99,040 155.720 3,460 1,050 1,050 276.353 276,363 Total fvnds 2021 funds 2021 Over Ws Under S's Play¢entre IS-12) Running wsts of Centre Payroll of furboughed staff Refurbishmgnt costs 1,964 11,574 69. 776 108.477 45,277 9,968 11,574 69. TT6 108,477 45.277 247,036 247.036 Page 18 HAMPSTEAD COP4MUNtrY ACTK>N LTD. IA comp•ny Ilmlt•d by gu•raDt•• NOTES TO THE FINANCIAL STATEMENTS for th• yur •ndwl 31 March 2022 An•￿￿ ol •xp•ndltsrn on ch•fllabl• •cllvlllM l¢ontlnu•d Summ•ry ty •xp•ndttur• typ• Tot•1 funds 2022 Sl•ff Go•ts Oth•r costs 2022 2022 Cfver Ws Undef S'$ Pl8y¢¢ntre1&12) Running costs of Centre Payroll ol fudoughed staff Refvrbbshment ¢0618 1.853 12,673 3,416 13.688 99S 12.3 80,654 75.C 165,720 1,050 179,696 96,657 276,363 Tol81 fvnds 2021 staff c¥>sts other￿Sts 2021 Over 60,8 Under S's Pkycentre {>12) Running Costs of Centre Payroll of fvrloughgd staff Refurbishment CO818 7,964 11,5T4 69, T76 108.4T7 45,277 9,968 11.544 62.455 54.930 45.27T 7.321 53,517 9.968 174,206 72,830 247,036 Pag9 19 HAMPSTEAD COMMUNrrY ACTION LTD. IA company Ilmll•d by gu*rnnlo•1 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Ma￿h 2022 Ind•p•nd•nt •xamln•rf• r•murb•r*tlon 2022 2021 Fe86 payable to th8 Centre'$ irthpertht examrnr lor the irKlep8ndent examination of the Centre's annual acownts stsff co•ts 2022 2021 Wage8 and 8818rl98 179,696 174,206 179.696 174,206 The averay number of p•r8(￿S ernpwd ty the Centre duriThJ the ywr was as fdkmry.. 2022 No. 2021 oy centre Running the Centro 13 13 No empknyee r8¢th*d rnmunorakn amI￿nting to rThJre than £60,IxI) in either year. 10. Tru•tw•' r•mun•r•tlon and •xp•nM• During the year, no Trustw rernibYJ any remuneraliM or otsr Lw*ffts 12021 . £NIU L￿rift9 the year ended 31 March 2022. rK> Trustee expensos have been irmwrred (2021 . £NIU. Page 20 HAPAPSTEAD COMMUNrrY ACTION LTD. IA c¢)m￿TrY limit•d ty gu•rnnto•1 NOTES TO THE FINANCIAL STATEME1￿s for th• y••r •nd•d 31 March 2022 11. Tanglbl• fix•d a•••ts Plant and m•chln•ry Colt or v•lu•tlon At 1 April 2021 At 31 March 2022 N•t book valu• At 31 March 2022 At31 Matth 2021 12. D•btorn 2022 2021 Du• wlthln on• ymr Tr•Je debtors 10.467 9h62 17,215 1.455 19.929 18,670 13. Cr•dltorn: Amounts f•lllng du• ¥Athln on• y••r 2022 2021 Tfade creortors 389 Other taxatyon and social security Accnjals and deferred irKome 3.146 88,877 20,102 92.023 20,491 cNaL8 arKI deferred irKcrn irKILths £2Y,02712021. £2.3knr i of grants and fees ￿Ned in thnce for actsvths laking in 2022r23 and furKI recer4ed from *4e UK Camden of £55,250 (2021 £11.2501. Page2t HAMPSTEAD COMMUNITY ACTION LTD. IA e￿np•nY Ilmi￿d ty guar•nt•el NOTES TO THE FINANCIAL STATEMENTS for th• yo•r •ndod 31 IAarch 2022 14. Stst•m•nt of lund• Statom•nt ol fvnd•- curr•nt y•ar 8•lanc• at 31 March 2022 B•l•n¢• at I Aprll 2021 Trnn•f•rn Inlout Incom• Exp•ndlturn Unr••tTlct•d lund• DMlgnat•d fvnd• Desvdnalod Funds- all ffiJnd$ 49,135 11.0501 48,086 G•Mrnl fvnd• General Funds- all fur 138.996 256,786 1275,303) 49,151 169.628 Totsl unv••trlC￿ lund• 18B.130 2S6,786 (276.3531 49,151 217,713 R••lrlcl•d fund• Restn¢ted Funds- all fvnd8 2.396 1SOW2 4,127 Total of fund• 190.626 207.867 1276.363) 221,840 Deswnated funds are ￿ 88th for Iho programme of upkeep of ts premAe•. 1S. An•ty•l• of n•t ••Mts b•lw••Th lund• An•ly•l• ol n•t b•tw••n fund• . curv•nt y•ar Totsl fuDds 2022 fvnds 2022 fvnd• 2022 Tangibkn fixed assets Current assets Creditors due within onè 4.127 309,734 192,023) 313.861 192,0231 ToL*l 4,127 217,713 221,840 Page 22