2023-03-31-accounts

Reference and administrative	details	details
CHARITY NAME:		Highbury Roundhouse		Association	Limited
REGISTERED OFFICE AND		71Ronalds Road
OPERATIONAL ADDRESS		London N5 IXB
REGISTERED CHARITY NO:		288370
COMPANY REGISTRATION NO:		1759460(England	dr	Wales)
BOAIUJ OF TRUSTEES:		Neville Cowton		-Chair
		Anthony Miller		—Company 27/3/2023	Secretary —resigned
		Andrew Myer		—Deputy Chair
		Scott Wadlow		- Treasurer
		Sara Zavaleta
		Steffan Taylor		—Company 5/6/2023	Secretary —Appointed
		Amy El 1ington		- Resigned	25/4/2022
		Martin Jones
		Rory Leyne		-Appointed	30/6/2022
		Rob Allum		-Appointed	25/4/2022
		Adelaide Cowton		-Appointed	27/3/2023
BANKERS:		Lloyds Bank Plc
		19-20Upper Street
		Islington
		London Nl OPJ
AUDITORS:		Beavis Morgan
		Chartered Accountants		k. Statutory	Auditors
		82 St John Street
		London
		ECIM 4JN
SOLICITOR:		Russell Cooke
		2 Putney Hill
		London SW15 6AB
SENIOR MANAGEMENT TEAM;		Andrew Berthier		-Chief Executive
		Savanah Popal		—Head ofServices
		Julie Day		—Extended	school services coordinator
		Nigel Williams		—Older people's services manager
		Lesley Palling		—Out ofschool		services	manager
		Carmel Zanre		—Under-five's		services manager
		Dinisha Shibnauth		—Out ofschool		services	manager
		Eneida Capaldi		—Business Development			Manager

				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2023	2023	2023	2022
			Notes	f.
INCOME:
Donations and other income	voluntary			637	1,426	2,063	28,865
Income from charitable		activities:
Grants, contracts and donations				116,229	769,668	885,897	750,689
Other activities					55	63	1,749
Investment income				42			39
Total income				116,916	771,155	888,071	781)342
EXPENDITURE:
Raising funds				17,948		17,948	14,186
Charitable activities				63,938	772,314	836,252	711,418
Total Expenditure			5	81,886	772414	854400	725,604
NET INCOME FORTHE YEAR			6	35,030	(1,159)	33,871	55,738
RECONCILATION	OFFUNDS:
Total funds brought forward				180,771	2,936,738	3,117,509	3,061,771
Total funds carried fonvard			13	8215,801	82,935&579	83,151,380	83,117,509

				2023		2022
		Notes
FIXEDASSETS
Tangible assets				3,417,412		3,268,767
CURRENT ASSETS
Debtors		10	46,883		45,977
Cash at Bank and in Hand			88 666		333 893
Total current assets			135,537		177,868
CREDITORS: Amounts	falling due
within one year
Non-loan Creditors			(72,103)		(70,369)
Bank & other loans			(49,289)		(39,350)
		] ]	(121,392)		(109,719)
NET CLIENT ASSETS				14,145		68,149
Total assets less current	liabilities			3,431,557		3,336,916
CREDITORS: Amounts after more than one year	falling due			(280,177)		(219,407)
NET ASSETS				53,151,380		f3,117,509
REPRESENTED BY:
Restricted funds:		13		2,935,579		2,936,738
Uarestricted funds:
General funds		13		215,801		180,771
TOTAL CHARITY FUNDS				53,151,380		53,117,509

			2023		2022
	Notes
CASH GENERATED FROM OPERATING ACTIVITIES			85,271		80,808
investing activities:
Interest income		48		39
Purchase oftangible fixed assets		(157,122)		(7,604)
			(157,074)		(7,565)
Fmancing activities
New loans in the year		100,000		5,000
Bridging loan repaid during the year		(32,084)		(45,856)
Long term loans repaid during the year		(39,350)		(30,»3)
			28,566		(71,409)
(DECREASE) / INCREASE IN CASH AND CASH EQUIVALENTS			(43,237)		1,834
Cash and cash equivalents at the beginning ofthe year			131,89]		130,057
CASH AND CASH EQUIVALENTS AT KND OF THE VEAR			I:88,654		%131,891

Audit	Fee	Full	Committee meetings	Committee meetings	Full
Legal	Costs	Full	Printing Postage	6h Stationery	10'/0
AGM	Expenses	Full	Core Salaries	5'/0

				2023	2022
		Unrestricted	Restricted	Total	Total
Fundraising	income				25,000
Various donatiops		637	1,426	2,063	3,865
		+37	%1,426	%2,063	%2S,S65

					2023	2022
			Unrestricted	Restricted	Total	Total
London Borough	ofIslington	—contracts	61,097	249,933	311,030	295,801
Power to Change			17,241		17,241	46,144
London Marathon				5,000	5,000
National Lottery				50,000	50,000
Greater London Authority				8,000	8,000	29,060
PAYE Scheme/Furlough			5,000		5,000	32,870
Fees &charges				449,501	449,501	313,]10
Lettings furthering	charitable	objectives	32,891		32,891	]7,911
Various grants				7,234	7,234	15,793
			5116429	K769,668	5885,897	f750,689

					2023	2022
		Unrestricted		Restricted	Totoi	Totai
			f
Parking	fees					1,700
Sundry	income				63	49
				f55	f63	f1,749

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ET INC	OME FOR	THE YE	AR
				2023	2022
Stated	after charging:
Depreciation				K8,477	88,591
Auditors	remuneration	(external	scrutiny)	812,000	X7,020

	2023	2022
Staff costs were as follows:
Salaries and wages	507,628	454,450
Social security costs	35,952	26,]26
Pension costs	13.666	11766
	f557,235	f492462

					2023	2022
The average	monthly	headcount	ofemployees	during the year was:	Number	Number
Charitable activities					28	24
Maintenance	and support
Management	and administration
					35	31

ANGIBLE FIXEDASSETS
	Office	Furniture	Leasehold	Total
Cost:	Equipment	ttr Fittings f	Buildings f	2023
As at le April 2022	35,192	62,308	3,260,355	3,357,855
Additions	2,205	5,463	149,454	]57,122
As at 3le March 2023	f37,397	f67,771	f3,409,809	f3,514,977
Accumulated depreciation:
As at la April 2022	32,505	56,583		89,088
Charge for the year	2,838	2 798	2 841	8,477
As at 3 Pa March 2023	f35,343	f59,381	f2,841	f97,565
Net book value:
As at 31e March 2023	f2,054	f8,390	f3,406,968	f3,417,412
As at 31a March 2022	f2,687	f5,725	f3,260,355	f3,268,767

EBTORS
		2023	2022
Trade debtors —contract	income receivables	5,658	5,148
Sundry debtors and prepayments		41,225	318
Accrued income			49311
		f46,883	f45,977
REDITORS: Amounts	falling due within one year
		2023	2022
Sundry creditors and accruals		44,455	10,083
Bridging finance			32,084
Taxation and social security		25,130	8,835
Pension costs		2,518	2,126
Deferred income			17,241
Bank and other loans		49 289	39,350
		f121,392	f109,719

EDITO	RS: Amounts falling due after more than one year
		2023	2022
			5
Bank loans		185,899	106,113
Other loans		94378	113,294
		5280,177	%219,407
Ofwhich:
		%114,188	%113,419
Amounts	falling due in 2to 5 years, interest 7.0%
		%165,989	5105,988
Amounts	falling due in more than five years, interest 7.0%

		Start of year	Income	Expenses	Transfers	End of . year
		2022	2023	2023	2023	2023
Restricted funds:			f.
pensioners project		920	96,764	(115,470)	20,000	2,214
Youth project		1,335	42,815	(42,759)		1,391
Childminders	project	496	10,6]2	(23,380)	15,000	2,728
Play schemes		11,274	150,181	(141,762)	(15,000)	4,693
Out ofschool	services	10,067	414,696	(402,102)	(20,000)	2,661
Building Fund		2,880,737	56,087	(46,841)		2,889,983
Minibus fund		29,629				29,629
Pensioners forum		sits				2,280
Total restricted funds		%2,936,738	f771)155	(%772,314)		%2,935,579
Unrestricted	funds:
General funds		180,771	116,916	(81,886)		215,801
Total Uarestricted		180,771	116,916	(81,886)		215,801
Total funds		53,117,509	%888,071	(E854+00)		E3,151,380

NALYSIS OF NET	ASSETSBYFUND
		Restricted	Ilnrestricted	Total
		Funds	Funds	2023
Tangible fixed assets		3,406,968	10,444	3,417,412
Debtors		40,000	6,883	46,883
Cash at bank and in hand		(]21,820)	210,474	88,664
Creditors —due within	one year	(109,392)	(12,000)	(121,392)
Creditors —due after more than one year		280 177		280 177
Net Assets		$2,93s,579	f216,801	f3,161,380

			2023	2022
Batknce	at the start ofthe year		17,241	27,688
Amount	released to income earned fiom charitable	activities	(17,241)	(27,688)
Amounts	deferred to the following year			i 7 24I
Balance	as at the end ofthe year			Kt7,241

		2023	2022
Net income for the,year		33,871	55,737
Depreciation charge		8,477	8,59]
Interest paid		10,059	7,424
Interest received		(48)	(39)
(Increase) / decrease in debtors		(906)	40,280
Increase /(decrease) in creditors		33,818	(31,185)
Cash generated from operating	activities	%85,271	%80,808