Registered number: 1270770 Charity number: 282089 HAMPSTEAD COMMUNITY ACTION LTD. (A company limited by guarantse) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS for the year ended 31 March 2024
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmited by guarantee) CONTENTS Page Reference and admlnl8tratlve detalls ol the Centre. Its TN8tee8 and advi8ern Trustg95' report Independent examineT'S report Statement of financial activitigs 2-10 11 12 Balance sheet 13-14 Notes to the financial statements 15-23
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmlted by guarnntgè) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CENTRE, ITS TRUSTEES AND ADVISERS for the year ended 31 March 2024 Tru8te8s Chris Knight (resigned 15 June 2023) Stephen Brandes John Goldsmith Linda Chung Guy Wingale Company registered nllMr 1270770 Charlty registered number 282089 Regist•r8d offlce 78 Hampstead High Street. London, NW3 1RE Treasurer S. Brandes Principal staff Cailos Tapia Montes from 1 April 2024 Accountant R.G. Drennan FCA, 64 Belsize Park, London, NW3 4EH Bankers Nalwest, 106 Finthley Road, London NW3 5JN Nationwide Building Society Page 1
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmlted by guaranteo) TRUSTEES. REPORT for the year ended 31 March 2024 The Trustees present their annual report together with the financial statements of Hampstead Community Aelion Ltd. for the period 1 April 2023 to 31 March 2024. The Annu31 r@port serves the purposes of both a Trustees, report and a direelors, report under company law. The Trustees confim7 that the Annual report and financial statements of the charitable company comply with the Current stalutory requirements, the requirements of the charitable company's governing document and the provisions of the Ststemenl of Recominended Practice ISORPI applicable lo ch2rilies preparing their accounts in accordance wilh the Financial Reporting Standard appltcable in the UK and Republic of Irèland IFRS1021 {effeclive 1 January 20191. The entity also trades under the name "Hampslead Community Cenlre" Since the Centre qualifies as small under section 3B2 of the Companies Act 2006, the Strategic report required of medium and large companies under the Companie5 Act 2006 Istralegic Report and Directors. Reporti Regulation$ 2013 has been omitted. OBJECTIVES AND ACTIVITIES a. Policle8 and objectives The Centre's premises at 78 Hampstead High Street comprise a reception area and large hall on the ground floor. both with disabled access and facilities. On the upper fioors, there is an administration Offe, large meeting room and a small interview foom. Unfortunatety, the upper floors do not have disabled access. There is a small ground floor retail unit and an adjoining market area with five unrt5, which traders occupy under licence agreements. The Centre provides organised a¢tivilie$ and ServIS for various age groups and needs. These take place on weekdays in the hall and meeting room5. The hall and rooms are availaL)le for hire at weekends and in the evenings and are popular with local support groups who pay a nominal fee. The Centre Is open every day of the year. The Centre 1$ a social enterprise and aims lo make the following ovèrall and specific differences to the lives of Camden residents". Reduce isolation and promote sb'mulating aGb"vity for older people through xial inclusion Improve people's access lo safe, stimulating care for children aged 4 -12 InGrease creative play opportunities for children under five and support to their pants and carers Improve peopte's access to advice. information, support, counselling and advocacy Impfove people's access to meeting space for voluntary and community groups These differenc8s have been achieved by the provision of activilies and services that indude.. Over 60s aclivib"eslevenls including Christmas Day Lunch for older people on their ¢)wn Under 5$.. Term-time Tuesday - Friday parenvcarer with toddler groups After School Playcentre14-12's).' Temi-Time Monday- Friday Playschemes15-12'sl." Summer, Easter & half-temis in M8y/June, October & February sch¢)ol holidays Comfflunity support groups113 groups such as AA, CA, NA. SA and CODAI.Counselling sessions, local lgisure groups, language classes, art classes, yoga and special events The Centre makes resources available to other cornrnunity groups for the creation and fvrther developmenl of services. The Centre has a number of detsiled policies in relatn to all aspects of the Centre and they are listed in the Employe Involvement and Employment of the Disabled section of the report. Page 2
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmlted by guarantee) TRUSTEES. REPORT {CONTINUEDI for the year ended 31 March 2024 OBJECTIVES AND ACTIVITIES Icontinuedl The Feasibility Study to identify and assess opportunities for improvements to expand and enhance the acciimmodation and services provided by the Centre was completed in March 23. The proposa15 have now been submitted to Camden for pre-applicalion planning advice. The study is a very detailed repjrt including detailed proposals, MEP and sustsinability sludy and cost plan. The study will be integral to the key stakeholder consultation stage. ACHIEVEMENTS AND PERFORMANCE a. Key rfolInGfj indicators The key performance indicators are.. Income received Surplus for the year Funds £376,852 {2022123 £375,836) £ 19,876 12022123 £45,573) £285,289 12022123 £265.4121 b. Review of activltl•s OLDER PEOPLE ACTIVITIES The SUCSsfUl 'Act Your Age, intergenerational project continued throughout all of the school holidays organised by the Centre in association with Hender50n Court Day Centre. The Centre organised and ran 'Warm space, hol Lunch Mondays, every other Monday from January - March where people were able to meet in a wami space, have coffee and cake and eat a hot homemade lunch. The project was free lo all and very well attended. The event was publicised locally and with all sheltered housing and day cenlres. The project was funded by the Centre ond a cosl-of-living grant from Camden council. Coach day trips were organised monthly from May-sept and On again proved very popular, the trips were open lo all of the community in order for families to travel together rf they wished. The Centre heavily subsidised the trips lo make it affordable for the users as the Cost of coach hire has conb.nued lo increase. A Christmas party was organised on 18th December including a festive lunch, magician and singer. 63 people, many of which live in local sheltered accommodation, attended the event. A Christmas Day Lunch event was again organised remotely with delivery of 70 ourSe lunches by a specialist company and 70 hampers delivered by volunteers lo older people in the local area. Funding for the event came from the public through crowd-funded donations. Judy Green Store and Waitrose. The Centre tsrgeted those most in need and staff wotked closely with Adult Social Care, Day cent's, agencies. Age UK Camden, sheltered housing wardens and social workers. The Camden New Joumal Christmas Hamper fund donated 50 hampers lo the event. CHILDRENS PLAYCENTRE 4-12s {lerm lime and schi)ol holidays) The Summer Playscherne and the tem lime Playcentre are important core services for chIldnI4-12) and their parenlslcarers wrthin the local community. The services re1ve very good reports from Camden Council grant monitoring officers who we have to report quarterly followed up by meetings. Ofsted inspect5 selvices: Reg No's 116323 Icentrel and EY262532 (Fitzjohn's school). Page 3
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmlted by guarantè•l TRUSTEES. REPORT {CONTINUEDI for the year ended 31 March 2024 ACHIEVEMENTS AND PERFORMANCE Icontinuedl Ninety-five childien from Camden's diverse communty are registered at the After School Playcentre which provided an exEensive programme of activities after school in the Cenlre's Hall until 6pm Monday-Friday during the school temi. This is a serviee ft)r Children aged 4-12 and essential for many working parents and carers. especially those on low household incomes. With financial support from Camden and Charitsble Trusts the After School Playcentre continued to provide very low cost Of free places in 2023124 for those most in need. The Playcenlre operated a pick-up facility for the ¢hildren of Fitzjohn's Schcx)l. Hampslead Parochial School and New End School. The Children and young people are looked after by a very experienced staff team and they have the opportunty to participate in an exciting and stimulating programme of activities carried out within a safe and caring environment. This is possible through careful planning and use of suitable equipment and materials. Children are encouraged to share, Tespecl and learn from each olherfs cultures and Iradf(ions and express themselves through imaginative and creative play. The Hampstead Community Centre organised and ran a 4.week summer playscheme, for children aged 5-1214 if in reception class) from 31st July- 25th August, at Fitzjohn's primary school. The scheme was open from 9am - 6pm, cote day 11am- 4pm. We had the use of most of the school's outside are8 and 2 of the class rooms and the lablkilchen, allowing us to run lots of activib'es outside, including art activrties, play games, sports and lots of water games. The lab was also used to prepare the HAF {Holiday activities and food) children's lunches. The playscheme was organised for children living within the London Borough of Camden. Priorty was gwen to referyed children. children attending the term lime After School Club and low incomelkey worker parents Informalton on how lo apply for childcare tax crediulow-income subsidiged places is on our website. There was a well-balanced team of 15 playworkers wothing on the playscheme, most of whom had worked for the Community Centre on schemes before and have a great deal of experience working with children from the local area. Some had attended the playscheme as children and been helper5 and volunteers. We employed 4 new stsff members this year. all of whom had attended the playscheme as children. g young helpers (aged of 13 and 151 plus 2 young volunteer {aged 16-171 from the local community, who have attended the playscheme previously, helped on the scheme as part of our'biidging the gap" poli¢y_ There were a number of children with additional needs,. we supported 4 children with autism {2 of which needed 1.. 1 support), 1 ehild with global delay. 1 child with Down syndrome. 1 child with cerebral palsy, 2 children with ADHD and several children with no or very little English. We also supported 2 non binary children. Publicity was sent out to local schools and other community organisatsons. Parentslcarers weTe able to download the information from our website and booking was done via email or in person at the Cornmunity Centre. 176 lof which 23 were HAFI children were registered on the scheme Mth a daily maximum of 80. Children attending the scheme came from varied socioeconomic and cultural backgrounds. We had 23 children attending Ihrou9h the HAF scheme, totaling 188 days used. Lunches were provided. The Centre Manager spoke lo head teachers at our local 5¢hools lo pinpoint children in need of the HAF places. These places were paid for by Young Camtlen Foundation and free lo parents of children who are in receipl of tree school meals. The places inclltded provision of lunch. We had allocated a member of staff to be in tharge of the HAF children and make their lunches. All staff that handle food hold food hygiene certificates The four-week programme of activitres was planned in advance and available for parenlslcarers on line. The pro9ramme look in to consideration the cultural needs, ages and interests of the children attending based on feedback from previous schemes, parenucarer and children's suNeys and staff knowledge. Page 4
HAMPSTEAD COMMUNITY ACTION LTD. {A company Ilmited by guarantee) TRUSTEES. REPORT {CONTINUED} for the year ended 31 March 2024 ACHIEVEMENTS AND PERFORMANCE Icontinuedl Every day there were off site trips. Children could book one trip a week which would either be in the minibus or by public transport. Trips included swimming, kayaking, bell boating, trampolining, farm, mini gotf and bowling. This year, the playscheme continued to run the Trans Age Projecv, in partnership with Age Concem at Henderson Court Day Centre. For 4 weeks, a small group of children went round lo Henderson Cl. to take part in joint activities with the older people. This was run by our'Acl Your Age, coordinator. Caz Brill. The detailed programmè of activities for each week included activities such as.. playscheme posters, clay work, mask making. glass painting. flag painting. bubble printing. pipe cleaner monsters. lie dye t-shirts. sewing and jewellery making. A great deal of emphasis is placed on providing age-appropriate play and equipment for young IEYFSI children and sensory activities for SEN children. Other activities included.. music, danee and movement sessions, board games, construction toys. pool and table lenni5 The play9round was used for various outdoor games Including kw'k cricket, soft tennis, badrninton. rounder5. football, water play, group games and opportunities for the children to play their own imaginary games. As the weather was good this year, we had a paddling Fxjol and a lol of various water games. A copy of the programme is attached. The scheme culminated with a giant Playscheme quiz with questions and challenges. The quiz involved all the children taking part in teams After the quiz they had an ice cream party. panUcarer satisfaction surveys were handed out and the children were helped wth children's questionnaires during the scheme. This is very important as it enObS children and adults alike to voice their opinions and make suggestions about the service we offer, and the information gathered enables u5 to plan and improve activitres for future playschemes. The London Borough of Camden, Young Camden Foundation. Hampslead Churches Youth Committee, fees and fundraising, funded the playcenlre. All half term and Easter Playschemes14-12sl continued throughoLtI the year at the Centre. UNDER Ss The Under 5$ parenvcarer groups continued to provide a broad range of structured activities from Tuesday to Friday term ts'me throughout the year. 298 families arè turn11Y registered to attènd. The groups aim to provide a safe and stimulating environment for young children lo play, have fun and develop both social and physic81 skills 11 Is also a place where parenlslearers are able lo gel together lo share ideas and experiences and gel help and information in a relaxed and friendly atmosphere. Each session has a particular theme. and parentslcarers are encouraged to participate. An axt8nsive programme of activities includin9 music & rhyme, cookirtg and arts & crafts is published each term. Daily play activities include,. Play dough. irnaginalive play, puzzles & books, dressing-up, constructhon toys, climbing frame and bikes. There is always a soft play area and baby toys. A healthy snack is included in the price. Sab'sfaclion surveys afe Carried out in addition lo continuous feedback processes. OTHER USERS Community support groups such a¥ AA, CA. NA, SA, CODA and anonymous groups not listed on our programme operatèd from Room 2 (top floor) every day of the week including Christmas day Page 5
HAMPSTEAD COMMUNifY ACTION LTD. IA company Ilmltod by guarantee) TRUSTEES. REPORT ICONTINUEDI lorlhe year onded 31 March 2024 ACHIEVEMENTS AND PERFORMANCE {¢ontinuedl Room 3 is used for counselling throughout the year. Markets. fairs, local leisure groups, yoga, language classes, art classes, community and consultation events uséd the hall and rooms 8t days and times in the week that W8re not being used by the Centre's core activrties. FINANCIAL REVIEW •. Re88r4e8 poIIcy Grants of reslricled funds are generally made for one yearfs expenditure. The Trustees do not build up reserves of su¢h funds as this would be contrary to the donors. intent A d8$ignatsd reserve 1$ in place to fund future expansion and tenure of the Centre and ils activities. The Centre has a 20 year lease (from 20161 and must show that it has policies in place to maintsin the premises. The Trustees aim to accumulate unrestricted funds to provide for adequate working capital, uneven patterns of expendit4Jre and 12 months running costs in case funding no longer becomes available from previous sources or there is a reduclFon in commercial income. The Centre is working towafds meeting this requirement and the present unrestricted reserves are £235.026. b. Result The outside market stalls and the other users contribute a significant amount toward5 the running costs of the Cenlre. Funding for activities and services comes from the local authority, user contributions and trijsls. Following the successful completion of th8 feasibility study in March 23 to idfjnlify and assess opportuniti9s for improvements to expand and enhance the accommodation and services provided by the Centre we moved on lo the key stakeholder's stage. Large boards showing the tsvo proposed plans have been displayed in a51 parts of the Centre forming part of an initial period of consullalion. A RIBA stage 2 structural feasibility options report was carried out as part of the next stsge of the proposed refurbishment and improvement plans. The result for the year was an excess of income over expenditure of £19.876 with the help of sound financial management and the 5LlPPOrt of its staff. Unrestrieled reseNes (including designated reserves) earried forward al 31 March 2024 are £283,111. Page 6
HAMPSTEAO COMMUNITY ACTION LTD. IA company limlted by guarantee) TRUSTEES, REPORT ICONTINUEDI for the year ended 31 March 2024 STRUCTURE. GOVERNANCE AND MANAGEMENT a. ConstRutlon The Centre is constituted under a Memorandum of Association and is a registered charity number 282089. The principal objects of the Centre as ststed in the goveming dwjmenl are.. "Hampstead Community Action Limited, otherwise known as Hampstead Cornmunty Centre. is established to promote the benefit of the inhabilanls in a broad area centred on the Community Centre wthin the London Borough of Camden, to advance education and lo provide facilities and activities in the interests of social welfare. recreation and leisure lime occupation with the object of improving the conditions of lile of the said inhabitant5" There have been no changes in the objectives since the last annual repo b. Methods of appolntm•nt or election of Trustee$ The management of the Centre is the responsibility of the Trustees who are elected and co-opted under the lemis of the arti¢Fes of association. When considering the recruilmenl and appointment of Iruslees, the Management Committee tonsiders the skills and experience needed lo maintain a broad range of skills. Trustees are elected al meetings after a written application has been submitted under the terms of the articles of association. Many of the Trustees have served on the Management Committee for several years, which has created a feeling of stability within the Centre with members provrfjing many additional skills. c. Oryanlsatlonal struclure and decision*making policies Hampstead Community Action Ltd employs a staff team comprising the Manager (a new Manager was appointed on 01.04.241, Assistsnt Manager Children's Services and Assistant Manager Offi'ce, Market & Private Hires. Temporary playworkers are employed on a se$Snal basis when needed in the school holidays. Volunteets provide invaluable assistsnce within all of the activity groups. The Manager is responsible for the day- to4ay management of the Centre and its employees. The Manager reports to the trustees at meeb"ngs. The Iruslees make decisions on any organisational changes and financial procedures. Management Committee members are referred to as trustees Ihroughoul this reporL They meet, as a poltcy. about every 12 weeks. The full Committee met S times during the year ende(131 March 2024. d. Poll¢ies adopted for the Induction and trainlng of Trustees New trustees attend a session with principal stsff and a senior member of the Management Committee lo familiarise Ihernselves with the charity and the context within which rt operates. The session covers their obligations under charity and company law, the content of the Memorandum and Articles of A550ciation, the Committee and decision making processes. the plans for development and financial performance ol the charity. A trustee information pack is given to all new Iruslees and they attend the various activities run at the Centre_ Page 7
HAMPSTEAD COMMUNITY ACTION LTD. {A company Ilmited by guaranteg) TRUSTEES. REPORT {CONTINUEDI for the year ended 31 March 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT {continuedl •. Related party relatlon8hlp8 The ehar-ty rents the Community Centre Premises from the London Borough of Camden and works closely with the Council, especially in respect to older people, children and partnership working lo Identity those in need and actively develop strategies to conlinualSy improve the quality of seNices lo our clFenls. This is a¢hieved through grant monitoring. partnerships and forum groups. The Centre has developed opportunities for wllaboratNe working with other agencies through outreaeh work and taking an aclive part in partnership schemes. The Centre has developed working partnerships with several organisalions including older people agencies sheltered housing projects, children and young people organisations, Camden Council, and Children's Social Care Disabled Children's Team and activity-based groups. The Centre makes resources available lo othgr tommunity groups for the creats'on and further development of seNiees. The Centr8 dS not charge a hiring fee for charty and community events. f. Fin•ncial risk management The Trustees have assessed the major risks to the Centre and have established a register of risks. The Centre has a written document on the systems to mitigate those risks identified. Internal control procedures are in place for the authorisation of all transactions and projects. Procedures are in place lo ensure complianee with health and safety of stsff, volunteers and clients at the Centre including the policies listed under Policies and Objectives. The Centre consults Camden Property Services regarding all premises alterabons and in accordance with the premises access audit. g. Monltorlng and evaluatlon The Centre conlinualty reviews activities through specific assessment procedures and detailed consultation exercises with all groups directly rijn by the Cenlre. Regular consultslion meetings are held for the majority of services and user satisfactson surveys are undertaken on a regular basis. Meetings are organised lo assess the findings. Camden Council carries out fvll monitoring processes specificalty for the Playcentre and the following monitorrng of the Communty Centre takes Pla annually. Diversity of income, aclivilies, govemance, demographic data, assets and outcomes. Camden's monitoring officers review the findings of all monitoring processes. PLANS FOR FUTURE PERIODS The activities and servieeg described above will ¢onb'nue to function subject to adequate funding raised. The proposals for improvements and furbIshrnent have been submitted to Camden for pre-applic8tion planning advice. Design development will follow on from the officels feedback and report. MEMBERS'S LIABILITY The trustees of the Centre guarantee to contribute an amount not exceeding £1 to the assets of Ihe Centre in the event of winding up. Page 8
HAMPSTEAD COMMUNITY ACTION LTD. (A company Ilmlted by guarantee} TRUSTEES. REPORT ICONTINUEDI for thè year ended 31 March 2024 EMPLOYEE INVOLVEMENT AND EMPLOYMENT OF THE DISABLED Employees have been consulted on issues of concem lo them by means of ragular consultative committee and staff meetings and have been kept informed on specific matters directly by management. The Centre carrie5 Out exit inte¢views for all staff leaving the organi88tion and has adopted a procedure of upward feedback for senior management and the Trustees. In accordance with the Centre's equal opportunity policy, the Centre has long established fair employment practicès in the recruitment, selection, relenlion and training of staff. The Centre has a number of detailed policies in relation to all aspects of personnel matters including.. Equal Opportunities Policy Volunteer Policy Health & Safety Sbiement Safeguarding Children Safeguarding Vulnerable Adults GDPR Data Schedule Document Modern Slavery & Human Trafficking Statement Risk Management Register Complaints Procedu Disciplinary and Grievance Procedures Privacy Policy In accordance with the Cenlre's equal opportunities policy, the Centre has long-established fair employment pracbces in the recruilmenl. selection. retention and training of disabled staff Full detsils of these policies are available from the Centre's offices. APPRECIATIONS The Trustees wish lo record their thanks to all the organisats.ons that have supported Ihe Centre's activrties. financially and in other ways. The Trustees have taken advantage of the small CoMpanS exemptions provided by section 415A of the Companies Aot 2006. Page 9
HAMPSTEAD COMMUNrtY ACTION LTD. IA Gompany Ilmtted by guarantee) TRUSTEES. REPORT ICONTINUEDI for the year ended 31 March 2024 ststement of TrusteeB' rèsponslbllltles The Trustees {who are also the directors of the Centr8 for the purposes of company lawl are responsib for preparing the Trustees. report and the financial slatemenls in a¢¢ordance with applicable law and United Kingdom Accounting Standards Iunrted Kingdom Generally Accepted Accountsng Practice). Company law requires the Tnjstees lo prepare financial statements for each financial year. Under company law, the Twstees must not approve the fi'nancial statements unless they are satisfied that they give a true and fair view of the stale of affairs of the Centre and of its incoming resources and applicalion of resources, in¢luding ils income an¢J expenditure. for that perii)d. In preparing these finanrAal staternents, the Tru5tee$ are re9uir¢d to. select suitable accounting policies and then apply them consistently, observe the methods and principles of the Charities SORP IFRS 1021., make judgments and accounting estimates that are reasonable and prudent., state whgther applicable UK Accounbng Standards IFRS 1021 have been followed, subject to any material departures disclosed and explained in the financial statements., prepare the financial statements on the going concem basis unless r( is inappropriate to presume that the Centre will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient lo show and explain the Cenlre's transactions and disclose with reasonable accuracy al any time the financial posibon of the Centre and enable them to ensure Ihal the financial stslements comply wrth the Companies Act 2006. They are also responsible for safeguarding the assets of the Centre and hence for tsking reasonable steps for the prevenkn.on and detection of fraud and other irregularities. Approved by order of the memters of the board of Tnjstees on 17 July 2024 and sned on their behalf by. St•ph8n Brandes Page 10
HAMPSTEAD COMMUNITY ACTION LTD. (A ¢ompany Ilmlted by guaTanto0) INDEPENDENT EXAMINER'S REPORT for the year •nded 31 March 2024 Independont examlnorf8 report to the TrustO88 of Hampstead Community Action Ltd. I'th8 Centro.) I report lo the chanty TNstees on my 8xaminats.on of the actt*unts of the Centre for the year ended 31 March 2024. RPOnsIbIlItIeS and ba8ls of report As the Trustees of the Centre (and 11$ directots for the purpoAÈA af company lawl yotj are responsible for the preparation of the accounts in accordance wth the requirements of the Companies Act 20Cfj I'the 20ChS Acri. Having satisfied myself that the accounts of the Centre a not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of the Cenlre's accoL¢nts carried out under section 145 of the Charities Act 2011 I'the 2011 ACYI. In carrying out my examination I have followed the Dire¢lions given by the Charlty Commission under section 14515llb} of the 2011 Act. Ind•pendonl examlnor's stal•m?nt Since the Centre'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 lo undertake the examination because l am a member of ICAEW, which is one of the lisled bodies. I have completed my examination. I confimi that no matters have come to my attention in conneGtion with Ihe examination giving me caLtse lo believe.. accounbng records were not kept in respect of the Centre as required by section 386 of the 2006 Act,. or the a¢¢ounls do not ac¢ord with those records". or the ac¢ounls do not ¢omply with the accounting requirnents of wb'on 396 of the 2006 Act other than any requirement that the accounts give a 'lrue and fail view which is not a matter ConSered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Pracb"ce for accounting and rewrting by charities lapplicable lo charities preparing their 8ceounls in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 10211. I have no ¢oncems and have Gome across no other matters in connection with the examination to which attention should drawn in this report in order to enable a proper understanding of the accounts to be reached. This report is made solely to the Centre's TN5tee$, as a body, in ¥crdance with Part 4 of the Charibes {Accoun15 and Reports) Regulations 2008. My work has been undertaken so that I might stale lo the Cenlre's Trustees those matters l am required lo state to them in an Independent examinerfs report and for no other purpose. To the fullest extent permitted by law, I do not acp1 or assume responsibility to anyone other than the Centre and the Centre's Trustees as a body, for my work or for this reporL Signed.. Dated.. 17 July 2024 R. G. Drennan FCA- ICAEW 64 Belsize Park, London NW3 4EH Page 11
HAMPSTEAD COMMUNITY ACTION LTD. IA ¢ompany limited by guarantee) STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI for the year ended 31 March 2024 Restricted ljnrestricted fund$ lund8 2024 2024 Total funds 2024 Total funds 2023 Note Income from: Charitsble actNits'es Other trading activities Investments Other income 52,330 144,241 171,467 8,814 196.571 171.467 8,814 186, 177 162.014 2, 745 24,900 Total Income 52.330 324,522 376.852 375,836 Expenditure on: Charitable activities 4,942 352,034 356,976 332,263 Total expendlture 352,034 356,976 332,263 Ngt incomg11gxpgndttur•l Transfers ben funds 47,388 (52,1121 {27,512} 52.112 19,876 43,573 15 Net movement Sn funds (4,724) 24.61x1 19.876 43,573 Reconciliation of funds: Total funds brought fornrnrd Net movement in funds 6,902 14.7241 258,511 24,600 26S,413 19,876 221,840 43,573 Total fund8 carrfed fornard 2,178 283,111 285,289 265,413 The Statement of financial activities includes all gains and losses recogni$ed in the year. The notes on pages 15 to 23 form part of these ftnancial stalernents. Page 12
HAMPSTEAD COMMUNITY ACTION LTD. (A company Ilmlted by guarantee} Registèred number: 1270770 BALANCE SHEET as at 31 March 2024 2024 2023 Fixed assets Tangible assets 12 Current assets Debtors Cash at bank and in hand 13 9,678 432,111 10,093 368, t 13 441,789 378,206 Creditors.. amounts falling due within one year 14 {156,5021 (112, 795) Ngt cuirent a6sots 285,287 265,411 Total assèts 18ss ¢urr•nt liabilities 285.289 265.413 Net assets excluding pension assot 285.289 265,413 Total not assets 285.289 265.413 Charity funds Restncted funds Unrestri¢led funds 2,178 283.111 6, 902 258,511 15 Total funds 285,289 265,413 The Centre was entitled to exemption from audit under section 477 of the CompanTres Act 2006. The members have not required the MpanY to obtain an audit for the year in quesb.on in accordance with section 476 of Companies A¢t 2006. The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting record5 and preparation of financial stalementS. The financial statements have been prepared in accordance with the provisions apable lo ents.lies subject to the small companies regime. The ffinanCl slalèments were approved and authorised for issue by the Trustees on 17 July 2024 and signed on their behalf by.. Page 13
HAMPSTEAD COMMUNIry AGTION LTD. IA ¢ompany Ilmtted by guarantso) Register number. 1270770 BALANCE SHE ICONTINUEDI Ot 31 March 2024 Steph•n Brnndes The not¢s on page¥ 15 23 form part of these financial statements. Page 14
HAMPSTEAD COMMUNITY ACTION LTD. (A company Ilmlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 General Inforni•t¥on The enkn'ty Is a company limited by guarantee and registered in England and Wales and wth the Charity Commission. Accounling policies 2.1 Ba$1• of preparatlon of financial statements The financial statements have been prepafed in accordance with the Charitie5 SORP IFRS 1021 Accounting and Reporting by Charities.. Statement of Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20151. the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Hampslead Communty Action Ltd. meets the definibon of a public benefit enlty under FRS 102. Assets and liabilities are initlalty recognised at historical cost or transaction value unless otherwise slated in the levant accounb'ng policy. 2.2 Income All income is recognised once the Centre has entitlement lo the income, it is probable that the income will be received and the afflount of income receivable ¢an be ffleasured reliably. Other income is recognised in the period in which il is receivable and to the extent the goods hav8 been provided or on completion of the seNice. 2.3 Expendlture Expenditure is recognised once there is 8 legal or conslruclNe obligation to Iran$fer economic benefit to a third paty. rt is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by actNity. The costs of each activity are made up of the total of direct Costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly lo that activity. Shared costs which contn'bute to more than one activity and support costs which are not attributsble to a single activity are apports'oned betsveen those activities on a basi5 consistent with the use of resour$. Central staff cos15 are allctaled on the basis of time spent, and depCiatIOn charges allocated on the pOrtn of the ass8t's use. Expenditure on charrtable 8clivilies is incurred on directly undertaking the activities which further the Cenlre's objectsves, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2A Intsrost recelvable Interest on funds held on deposit is included when re¢eivable and the amount can be measured liabiy by the Cenlre,. this is normally upon notiftion of the interest pa or payable by the institution wth whom the funds are deposited. Page 15
HAMPSTEAD COMMUNtrY ACTION LTD. {A company Ilmlted by guaiantoe) NOTES TO THE FINANCIAL STATEMENTS forthe yeargnded 31 March 2024 Accounting policigs Icontinuodl 2.5 Tanglble flxed a88ets and depreclallon Tangible fixed assets costs'ng £500 or more are capitslised and recognised when future economic benefi15 are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially reeognised al Cost. After recognition, under the ¢ost model, tangible fixed assets a measured at cost less accLtmulaled depreciatron and any accumulated impairment losses. All costs incurred io brlng a tangible fixed asset into its intenoed worklng CLindition should be included in the measurement of cost. Depreciation is charged so as to allo¢ate the cost of tsngible fixed assets less their residual value over their estimated useful lives, DeplatIOn is provided on the following basis. Plant and machinery 20% straight line 2.6 Debtovs Trade and other debtors a re¢ognised at the setuemenl amount after any trade discount offe. Prepayments are valued at the amount syepaid nel of any trade discounts due. 2.7 Fund accounting General funds are unrestricted funds which a availabFe for use at the discretion of the Trustees in furtherance of the general objectives of the Centre and which havè not been designated for other purposes. Designated funds comprise unrestricted hjnds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specthc restri¢tion$ imposed by donors or which have been raised by the cent for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted frjnd is sel out in the notes lo the financial statemenis Page 16
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmlted by guarantse) NOTES TO THE FINANCIAL STATEMENTS for the year ondgd 31 March 2024 Income from charitable aetlvltles Restrlcted Unrestrlcted funds funds 2024 2024 Total funds 2024 Over 60,5 Under 5's Playcentre15-12} 9.450 4,246 13,356 126,639 13,696 13,356 169.519 42,880 Total 2024 52,330 144,241 196.571 R&stricted Unffjstricted funds funds 2023 2023 Total funds 2023 Over 60's Under 5's 5,lJOO 4, 131 14,555 116.538 9. t31 14,555 162,491 Playcenlre15-121 45,953 Total 2023 50.953 135,224 186. 177 Analysls of R08trlct6d Funds Received Restricted funds 2024 Total funds 2024 Age UK Camd&n London Borough of Camden Young Camden Foundation 5,000 45,330 2,000 5.000 45.330 2.000 52,330 52,330 Page 17
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilmlted by guaranto01 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 In¢omg frorn other tradlng actlvltles Income from fundrnlslng evènts Total funds 2024 funds 2024 L6th'ngs- market stalls Lettings- halls & rooms Mixellaneous donations 124,640 46,719 124,640 46,719 108 171,467 171.467 UnrestJryCt8d funds 2023 Tot81 funds 2023 Lettings - market stalls Letb"ngs- halls & rooms Miscellaneous donations 112,398 44,508 5,108 112,398 44.508 5,108 162,014 762,014 Investment in¢omo Unr•strlctod tunds 2024 Total funds 2024 Bank deposit interest 8,814 8,814 Unrestricted funds 2023 Total funds 2023 Bank deposit interest 2, 745 2, 745 Page 18
HAMPSTEAD COMMUNITY ACTION LTD. IA company Ilrnited by guarantee} NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 other Incoming resources Nil under this cate90ry for 2023124. Total funds 2024 Restricted funds 2023 Total funds 2023 CIL fund$ for fes$ibilty study 24,900 24,900 Anaty818 of expendtture on charltable acll¥itie8 Summary by fund typ• Restricted Unrestrl¢tod funds funds 2024 2024 Total 2024 Over 60's Under 5's Playcenlre15-121 Running Costs of Centre Professional fees- feasibilty study 11,056 17,614 124,911 198.453 11.056 17.614 124.911 198.453 4.942 4.942 4.942 352,034 356.976 Page 19
HAMPSTEAD COMMUNITY ACTION LTD. (A company limltéd by guarantee) NOTES TO THE FINANCIAL STATEMENTS for tho y¢aronded 31 March 2024 Analysls of gxpenditure on charitsble actlvltlgs l¢ontinu•dl Summary by fund typa {continu8d) Restrlcted Unrpstricted funds funds 2023 2023 Total 2023 Over 60's f6.276 14,017 117,452 167,824 t6,276 14,011 111.452 167,824 22, 700 Under S's Playcentre15-121 Running costs of Centre Refvrbi$hmenl Costs 22. 700 22, 700 309.563 332.263 Summary by expendlture type Staff costs Other costs 2024 2024 Totsl 2024 Over 60,5 Under 5's Playcentre15-12) Running costs of Centre Feasibility study 1,193 16.759 109,434 88,790 9.863 855 15,477 109.663 4,942 11,056 17,614 124,911 198.453 4.942 216,176 140.800 356,976 Staff costs Other costs 2023 2023 Total 2023 Over 60's Under 5's plaYntre(5-l2I Runnin9 costs of Centre Refurbishment ¢osts 321 13,311 98,950 86.477 15,955 700 16,2T6 14,011 111,452 167.824 22, 700 12.502 81,347 22, 700 199,059 133,204 332,263 Page 20
HAMPSTEAD COMMUNITY ACTION LTD. IA cornpany Ilmitod by guarante81 NOTES TO THE FINANCIAL STATEMENTS for the yèar ended 31 March 2024 Independent examlngrfs remunerntion 2024 2023 Fees payable to the Centre's independent examiner for the independent examinab'on of the Centre's annual accounts 3,100 3.100 Staff costs 2024 2023 Wages and salaries 216.176 199,059 216.176 t99,059 The averagè number ol persons employed by the Centre during the year was as follows.. 2024 No. 2023 No. Play ¢entre Running the Centre 13 13 No employee r1ved rernUneratn amounkn'ng lo more than £60,000 in either year. 11. Trustee8' r•munoration and expenses During the year. no Trustees received any remuneration or other benefits (2023- £NIU. During the year ended 31 March 2024, no Tnjslee expenses have been incurred (2023- £NIL). Page 21
HAMPSTEAD COMMUNITY ACTION LTD. {A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 12. Tanglble flxed assots Plant and machlnery Cost or valuation At 1 April 2023 At 31 March 2024 Net book value At 31 March 2024 At 31 Mah 2023 13. Debtorn 2024 2023 Due within one year Trade debtors Prepayments and accwed income 528 9,565 9,678 9,678 10,093 14. Cr•ditor*: Amounts falllng du• within on• year 2024 2023 Other taxab'on and social secunty AccruaL5 and deferred income 4.364 152,148 3,255 109,540 156,502 1t2. 795 Accruals and deferred income includes £2,17812023". £4,127) of grants and fees reiVed in advance for activitres taking place in 2024125 and fund received from Age LIK Camden of £149,970 {2023'. £104,850). Page 22
HAMPSTEAD COMMUNrrY ACTION LTD. IA company limlled by guarantee) NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2024 15. Staternont of fund8 Stat•mont of funds Balance at 31 March 2024 Balance at 1 Aprll 2023 Transfern Inlout Income Exponditure Unr6stricted fvnds D•slgnated funds Designated Funds- all funds 48.085 48,085 General funds General Funds - all funds 210A26 324,522 {352,0341 52,112 236.026 Total Unrnstrl¢led funds 258,511 324,522 (352,034) 52,112 283.111 Restrictgd funds Restrict8d Fullds - all lunds 6,902 52,330 14,9421 152,1121 2,178 Total ol funds 265,413 376,852 {356,9761 285.289 Designated funds are in place lo fund future expansion and tsnure of the Centre and its activit. 16. Anatysis of net assets betwoen funds Analysis of net as80ts bètween funds - current period Restricted Unrgstricted funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets Creditor5 due within one year 2,178 439,611 1156,5021 441,789 1156,5021 Total 2,178 283.111 285.289 Page 23