2025-03-31-accounts

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A company limited by guarantee) REPORT AIYD Fll¥ANCIAL STATEMENrs FOR THE YEAR ENDED 31 MARCH 2025 Charity Number= 288370 Company Number: 1759460 *AEGK114JI¢ 02112r2tr25 A13

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HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) tNDEX TO FtNANCtAL STATEMENTS YEAR ENDED 31 MARCH 2025 Contents Page Report of Lhe TFustr&s ]- 15 Independent Auditors. Re￿rt 16-18 Stat¢￿ettt of Financial Activities 19 Balance Sb¢¢t 20 Ststement of Cash Flows 21 Notes to the Financial Statements 22-31

HIGHBIIRY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANfEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 21125 Th¢ trustccs #r¢ pleased to prescnt th¢ir annual directors, report tog¢thcr with the financial slatements of the charity, which are also prepared to meet the requirernents foT a dire¢ioTS' repon and accounts for ￿MpanieS Art pUr[M)￿s. Th¢ financial statements ¢ornply with the Charlties Act 201 J, the Companies Act 2(KJ6. thc M¢rnordndum and Articles of Associatron and Accounting and Reporting by Charities.. Ststement of Recommended Practice applicablc to chariti¢5 preparing tbeir accounts in accordance with th¢ Financia] Reporting Standard applicablc in the UK and Republic of Ireland (Chariti¢s SORP IFRS 102)). (effecljve 1st January 2019. second edition - published October 2019)- OBJECTIVES AND ACTIVITIES The Highbury RouThdhousc (thc Cbarity) offers educational and rccrcational fJcilities for people of all ages and ethni¢ ba¢kgtounds who live or work iu ￿"g￿b￿ry and the surrouDdiDg oreas. The Charity provides a bome for various community groups and organises social and recreatiottal events throughout the yexr. Il serves A broad cro&s-sects'oD of the community. with a particular f￿￿$ on singie-parent families. the elderly. wip1¢ witb disabiliti￿, and young people. The Charity aims to CTeate a safe and welcoming environm¢nt that ¢n¢ourdg&s individuals. especially thos¢ from disadvantsged and disaffected cottunullities. to engag¢ activities that enhance th¢ir s¢lf-¢st¢¢m and pro￿0t¢ participation in colnmunity activities and events. With expertise in working with childTen and young ￿pIe, the Charity focu￿ OD d¢livering cducational and rccrcatiODal activities thai makc a meaningful difference in their lives. We achieve our aims by providing pensioners. clubs forolderpeople. activities forunder-five's, extended school services, after school clubs and sUPPOrt various userlself-help group5. Our aims fully reflect the putpose that the orgatiisation w&$ ser up to furtkn and have regard io the Charity Commission's guidance on public benefiL There has been no changc in th¢ poli¢ies adopted ￿ athicv¢ our Gharitabl¢ objectLV¢S. STRATEGIC REPORT The following stslemcnts forni part of thc company's strategic rcport Achievements alld perfornia￿e Financial review Plans for future peric We have made sigwficant progress agaiDSt our business planobjective during 202￿2025, with strong outcomes cross most key perfornwice ar¢as. The organisation has seerj subslantial engagement across age groups, s¢rvi¢¢s, ond a¢tiviiAes. underscoring its role as a vital community hub ID Jslington. Througbout the year, we monitored our ￿rf0Mlantc against our objectives aDd have provided a summary of the outcomcs below: Goal l.. Provide Best-in-class Facilities for hosting educational alld recreational activities. This is our secondyear ofdelivering services from ourcommunity hub during which w¢ hav¢ r¢¢¢tv¢d ex¢¢ll¢nt feedback on the quality of our facilities. We have exceeded eX￿c￿tionS demonstratiThg strong dethW￿ and U5agc of community ¢¢ntr¢ spaces. Goal 2.. Grow Awareness of and Increase Footfall tr) the Chariry's Facilities. Our datt suggests excellent reach and ¢ngagetn¢uL with significallt community participation across all age groups.

HIGHBURY ROUNDHOUSE ￿SOCIATION LIMrrED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 Goal 3: Improve Lif¢ Chances for C￿"ldren & Young People This is below targer, suggesting scope to broaden youth outreach and partnerships. Goal 4.. Reduce Isolation for Over 55$ and impTove well-being. High rcp¢at ¢ngagemenl shows Program￿ popularity. mainly ow over 55's yoga class, which wc d¢liv¢r¢d three days a week. This particular activity. fvnded by Sports England and free to users, was very well atrended. Our data shows the need to reach more Dew uxrs, in particular isolated oldcr r¢5idents. Goal 5: Itnprove Acce5S to Training and Jobs Target5 ¢xce¢d¢d, reflecting succcssful progra[[￿ne delivery and outr¢ath, in particular the course of English for Speakers of Other Languages (ESOL). How¢ver. there ate area8 for focu5.' UPt#k¢ r¢JnaiDS lower than expected tor youth volunteering and training. Go#1 6.. Promote Sustainability Practices There bas been strong progratDming, in particular within our SUMM￿er$1ty &etiviti¢s, alth¢￿gh more effort ne¢d¢d to increase community participation in greeo initiatives. Summary of Key Insights Strerhgths: Exceptional over-achievement in mosi indicators of foorfall. community engagemenL and youth participation. Strong delivery of services for families. under-5s. older people (in ternis of visits), and ESOL learners. Areas to ITnwov¢: Youth Training & Volunteering (both in attendances and unique participants) - this is significantly behind and may need targeted outr¢acb or program redesign. Reach to Dew older adults- despite kn.gb visit Thumbets, tbe same people are retijrning rather than reacbithg morc inth"viduals. Su5taiDability participation- events are happening. but unique partscipation is lower than desired. Ov¢rall ¢Dgagement with childr¢n WKI young people. ACHIEVEMENTS AND PERFORMANCE Ai the 51art of th¢ year, we were using four diff¢r¢nt buildings lo accommodat¢ our groups and deliver our Work. On the 27th Sep(ember 2024, we saw the closure of Soth¢by Mcws. after more tban 14 years of delivering services from the building. During ihe year. Ihe coun¢il infornied u5. that they wantcd vacant P055¢55ion. As a result. we had to move the services from Sotheby Mews inio the community building. It Was a logistical nightmare, but with the help of our members and the amazing work of Nigel Williams, the Old¢r People's Services Manager. we were able to complete the move. We held a farewell party for the members on Wethiesday 25 S¢ptcrrLbcr. whi¢h was enjoyed by all. Wc stopped delivenng 5erviccs nn Friday 27 September 2024 and resumed services on Tuesday 1° October 2024. from 71 Ronalds Road. DuriT]g the year, we also moved oui of the front building at Ronald5 Road stopped delivering service5 from Aubert Court, CommuDiry Centre. We now manage only our purpose-built community building, at th¢ Iear of 71 RoDalds Roa(L During the year we also implemented the following.. Revised our budget during the year. to help monitor the increase in costs across our operation. tmplcmcnlcd # maintenance and building management programme to help us manage the use of the building and help manage the increase IT) building maintenance and rUr￿Ing costs. Rcviewed OUT ￿'sk Managcmcnt p)licy. Ensured thai our ￿aff continued to ￿e1ve regular training.

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 Staff ¢ontinue to work from home where possibl¢. Monitored our perforniance against KPI'S. lucrcas¢d our marketing and the use of multi-media tools. Review our booking system. with the aim to implement # new Ex)okn"ng system. Continue ￿ reach cNJt and work with new partners. we in*nd to ¢oDIiDue this work into 2026. Our Commitmen¢ ¢0 Su5tainablllty We recognise that caring for people a150 means caring for the environment we all share and we are committed to reducing our energy use, minimising w&ste and making choices that supp)rt a rnorc 5ustsinabl¢ futur¢. Over the past y¢ar. w¢ hav¢: Monitored our energy we acro￿ our offices and commwiity $pa¢¢s ¢0 id¢ntify opportuniti&s for irnprovement. Taken practical steps to reduce conswnption by..

encouraging stsff and volunteers to save ¢Ii¢w. instsllillg ¢lcctrical timcrs, maximising na￿1￿1 daylight by keeping windows and skylights clear. scrvicing cquiptthent regularly to ensure efficiency. sctting timers to avoid unnecessary lighting when the building is not in use, promoting fijll shutdown of devices instead of leaving thcm on standby aad appoioting an Energy Champion to lead these efforts. Pmmoted sustainable practices withi.n our iti¢luding recycling. reducing paper use. and encouTaging active trnvcl where possible. Comtnissioned Turner & Townsend to complete an encrgy audi¢ SUPPOrted by the Key Fund's Programrne of investmeni in energy efficiency. Working with their consultsnts, we establish¢d on energy baseline and received clear recommendations OD bow io redu¢e ¢n¢rgy use and emissions, along with guidance on implementaiion and procur¢m¢n¢. Identified. througb the audiL thc st¢ps required io operatr our building at net zero. Joined thc Jslington Sustainabiliry Network. whcrc wr ￿t collaboi'ating 011 projects and initiatives strengthen l<>cal Sustsinability. Begun exploring the installaiion of solar panels. one ofthe key recommcndations from our energy audit. Partnered with Islington Greener Together on a design proposal for Ronalds Ro￿. Looking we aim ￿ build on this progre&s by setting clear targets for reducing ow carbon footprint and ernbedding sustainabiliry into our everyday decision-making. We are committed io playing our part in creating a h¢althi¢r. greener Islington. How and to whom our activities deliver public benefit and impa¢t Our ¢ore activities continue to focus on supporting children, young people. older adults, and families. We are cotDmitted to encouraging members of BAME (Black. Asian, and Minority EtFthic) communities to access our seNtces. ensuring inclusivity and accessibility for all. Key Activities: l. Older Adults.. Our Krvic¢s for older adults include social clubs, health and wellDC5S programs, and support groups. These initialivcs airn io redu¢¢ isolatioffj promo￿ active living. and provide a supportive community for older individuals. 2. Children and Young People.. We offer a range of progratns desi8n¢d to support the development and well-beittg of children and young people. Thes¢ in¢lude ¢ducational workshops. recreational activities. and mentoring programs aimed at fostering persortal gr0￿h and resilience. 3. Families.. We provide comprehcnsive support for families through parenting workshops. family counselling, and community ev¢nts_ Our goal is to stren￿hert family iK>nds and pmvide resources that help families thrive.

HtGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 4. Commullity Groupstusers". We provide space for community groups to deliver a wide range of seTvi¢es and proj¢¢ts. Our aim is ￿ expand this progrdmmc and incrcasc thc nwnber of groups we SUPPOrt each year. Commltment to Inclusivity: We actively encourage membtts of BAME c4Jmmunities to engage with our services. Our efforts include: Outreach Programs.. We conduct targeted outr¢ach ty BAME ¢otDmuthities to raise awareness about our services and ensure they feel welcomed and support LaDguage Support: We offer tr￿1￿￿On and interpreiaiion services th ensure language is not a barrier to accessing our programs. Our divers¢ workforce ¢nables us to m¢¢t this need effcctively. Feedback Mechani5ms'. We have establisb￿ channels for receiving feedback from community membcrs to continuously improve our services and address any speLifiL Tieeds or concen)s. Aceessfibillty for All: Wc strivc to mth our s¢tvices accessible to everyone by.. Physical Aceessibility". Ensuring our facilities acccssible to individuals with disabilities, in¢luding, an elevator and accessible restrooms. Flexible Scheduling.. OfferiThg program5 at various Um¢s to ¥Gonunodatr diff¢r¢nl sGhcdul¢s attd commitmellts. Financial As5iStanc¢'. Providithg financial support or sliding scale fees for those wbo may need a5SiSlance to parti¢iEKAt¢ in our programs. We remain dedicated to fostering an inclusive and 5UPPOrtive environment where everyone feels valued and empowered to participate. Services to older people We continued to manag¢ th¢ Sotheby Mews Day Centre on behalf of Islington Council. for part of the year. The c¢ntre was closed on 2P September 2024. as the council required vacant P05sessioD of the building. We had ro vacant the premises and transfer ihe services to Ronalds Roa(L Thanks ¢0 the cfforts of our t¢am, we wcre ablc to resume setvices very quickly by IX October 2024. From our COTrununity building, wc contsnuc to provide meals and activities to ol(kr pcoplc at subsidi5cd rates. The meals are now prepared from our communiry café, which is open five days a week. Members continue ￿ enjoy a V￿lety of a¢tiviti¢s incluth'ng Active Memory Group. Arts & Crafts, Equipped for Life {wih Ge¢). knrd games, bingo and singring sessions with the group fornially known as th¢ Sotbeby Singers (now the Roundbouse SingeTS). We have also merged the service users from Sotheby Mews with the over 55 Yogo Group. previously delivered at 71 Ronalds Road three days a week. Tuesdays are particularly well attended by older adults and we aim to dedicate this day to offering the majority of our ol(kr adult activiiies. The group enjoyed their usual annual Christmas celebratson. which was hosted at 71 Ronalds Road. The event was well attended and warniiy receivc4J. Looking abead, we aim to provide even more activities and services for older adults. Som¢ of tbese will be free, while others may Tequire a small fee. We currerLtly have over 100 regular users and prepared over 2,000 meals over the course of the year. The move from Sothcby Mcws to RoDJld5 Road. has also opened up opp)rtuniti¢s for intergenerational activitses. which we plan to cxplorc and devclop futther. Under-fjve's Services We have two projects that aim to deliver services to uTKkr-fives: OUF Childminders. Project and the Stay and Play Group. The aim of these projects is to provide guidance on how childminders and other pwtitioners Can meei the requiremeDts of tb¢ Early Years Foundation Stage (EYFS). We erekte ll stunulxting And play￿1 environment, trM)th indoors and outdoors. where cbildren feel safe and secur¢ to try oul ideas. solve problems. thke risks. and develop an interest in the world around them. To ensure this works effectively.. statf first observe how ihè ehlld Is settling into the gruup.

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED {A COMPANY LIMITED BY GUARANfEE) REPORT OF THE TRusfEES YEAR ENDED 3J MARCH 2025 2. We gather feedback from paren1￿carerS and monitor the Child's PTogress. 3. We identify positive impacts OT reflect on arw tha¢ n¢ed ¢hang¢. allowing children to take the lead aDd follow their intttests. We help children b¢¢ome school-ready by communicating and sharing information with ihcir parentsl¢arers. providing meaningful challenges ond l¢aming opporttmities for each child. Our goal is to help every child build Confidence as a learner. Tbrough regular discussions with parent￿Car¢rs and d¢tsil¢d staff obsenyatiotLS, we ideDtify what thc child is Teady to learn and pian activiti￿ to support that learning. As a resuli, we design challengiDg experiences that help cbildren forn] meaningful connec(iODS. The project delivered a number of group aclivities throughout th¢ y¢ar. in¢luding plenty of singing, storytelling, and circl¢ time. We always aim io celebrate culn]ral events through group activitics. Parcnts w¢re also encouraged io CDTOI in free first aid courses organised by Islinyon Farly Years, and we provided ¢hildmirtders with a calendar of training OPPOTtuoitie5 and job listings. Att¢ndan¢e at the group continues to grow. with a strong daily turnout av¢r&ging 25-30 famili¢s. During the year, wc wclcom¢d a placement worker, a young woman who gained valuable confidence and hands-on experience in a childcare Setting. Although b¢r pl#cement h&s now eud¢d. we a￿ keen to woik with Islington Council to hosr anoiher. Our local librarian visikd three tim¢s this yw. bringing a wondeTful selection of books atld delivering hour- long storytelling and singin8 sa8sions for the families. The group is led by our Undcr-Fives Services Fdanager. who plays a key role in supporting both the ¢hildmind¢rs and families. The Early Years team has also beeD actively supmng par¢Dts attending ESOL (English for Speaker5 of O¢h¢r Languages) ¢]asses. Out of School Services Highbury Roundhouse manages four aftu school and enricbmeni Llubs aeross the borough for schools. The clubs are sub5idised by grants from Islington Council. The gtants provided by the Council ensure that the service is affordable for PaTents and offer up (o two free places foT vulnerable families. We also. offer concessioDS to famili¢s on low iDwm¢s. On average a totsl of 3￿ children access our servicc5 on a nightly basis. Wc also d¢liv¢rcd ¢DrichEnellt classes during the year. The classes cAn be: Ballei c1￿$eS. Art Club. Science Club, Cheerleading, Drama. Fencing. Karate and Languagcs. These Clubs are very well attended arld enjoyed by the young people. with over 200 children attending. Staff developmenL and training of our extended-schools team, continued throughout the year. W¢ provided playschemes from two locations during the year. with more than 290 children accessing th¢ servic¢ over the holidays. We were able to access Council fi￿dIng io provide concessions for families, we also havc a sibling rate. which is important when Tegistering more than one chtld. The children are abl¢ to ¢nJoy many outdoor and indoor s￿rts, such as football games, bike-ridithg, bthinton. ar¢h¢ry and circus skills a visit to the Little Angel Theatre and other visits to Bowling, Highgate Wood5. Cinema trips, Woburn Safari Park artd Chessington World of AdveDtUTe. The cbildren had an amazing tim¢, and we ar¢ pleased with th¢ outcome. We also, delivered a Holiday Activitses & Food {HAF) PToje¢¢ over the summer months in patts¢rship with Islington Council. Tbc projccl targ¢ts famili¢s on low in¢ome, who are unable to access out of school activitt'es, due to their limited disposable incomes. The service is free for those families, which includes the attcndance fee, lunch and all the trips. The project ensures that no young person is left with noihing io do over the summer and also receives a heAlthy and nuiTilious meal. All meals were prepared fresh from our community kitchen. We were allocated 30 places at eacb of our Centres, demand was high and we exceeded our allocation of 30. on most days. W¢ also found thai parcnts of ¢biltheD with S￿131 Edwation Needs & Disability (SEND).

HtGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ELYDED 31 MARCH 2025 Educational Health Carc (EHC) or Chikl Proiection (CP'S) plans. benefiied from the programme. We look forward tty workn.ng with the fatnilies in 202512026. Youth Club We reached out to over 200 young people duriDg the ycar. Outreacb support sessions were delivered OD doorsteps to some of the more vulnerable member5 of our communiry. We also worked with tsrgeted youth agenci&s to support yOUDg people f8ciDg issues su¢h as isolation attd bereavemeDt. ProgrdLnme of Activities: Our weekly programme is Co-designed by young people and includes a rdnge of popular 'kn#gn¢t" O¢tivities they've expressed intercst in. These activities encourage attendance and include VR gamitt& thble tenni%, arts and crafts, cooking, tournaments. and quizzes. We also Welcom￿ Abw our s￿Tts Youth Development Worker a skilled persowdl trainer, bDxing instructor. and experieaced youtb work¢i. T¢aTn Building and Competitions: A key part of the youth work proc¢ss És helping young people develop essential life skills such as problem- solving, critical thitthg. and tramwork. We ititroduced a leaderboard challcDgc for the most coDsist¢nipunctLes without stopping, with Emani curr¢ntly leading with I,OIN) punch&s. We also created a mcnu for our kitchen to use during youth club sessions and as a group. decorated HJIH signage to be displayed on doors dLtring youth club hours. SIS Sessions- Siepping Up: Our She Is Supporied (SJ& sessions launched ihe Siepping Up ￿1h SISpTogramrne at City of London Primary Academy Islington (COLPAt), where we delivered a thilored six-week Course to support Y¢ar 6 students transitioning into Year 7. a step many find challenging. Topics included making n¢w ￿"¢n￿s, beginning menstrvxtioD and managing homework. We adapted this programtlle for second-year college students at the London Srreen Academy. f(Kusing on healthy Telationships. goal setting, and confidence-building. Mindful Wlllks and Healthy Habits- As part of our focus on m¢ntsl w¢ll-being, we Atitroduced mindful walk5 dun.ng Tucsday girls-only sessions. These walks allow young people io release energy and engage in meaning￿] conversations. We also began rncntorinE two new girls, supporting them with their persoDal goals and well-being. HAF Summer Project". Thks summer, young people were ablc to b￿k onto our summer progrnmme. which featured fun activities, exciting trips, atKI lunch provided by us. Open A¢￿55 and HAF Scssions: Our summer Open Accas sessions aveTaged 25-30 young people per session, with many joining after attending daylimc Summerversity progratthmes. The Youth Club offered a wide variety of activities, including weekly IournaTnents, FtFA, Swingball, ping-pong. puzzles, wid Connect 4. with winn¢ts i¢¢¢iving 0 £5 ¢ash prize. A fr¢¢ hot meal was provided at every session as part of the HAF IHoliday Activities athd Food) programme. In addilion lo Tuesday Open Access se&sions. we offered an cxtcnded v¢rsion of the Summerversity Graffiti Arts Project. This relaxed and creative version provcd popular. atlracling many young people who retumed to ompl¢t¢ pi¢¢¢s. refine their skills. or simply Iwig out with fn"cnds. Debate Team: This summer, we introdu¢ed a Debate Team on Wednesdays ao idea proposcd by young people who wanted to continue one of their favourite school activities in a 5upporliv¢ cnvironmenL In the Café, these enthusiastic participants debat¢d youth workei-selected topics such as.. Capitalism vs. Socialism". WThich fosters grea*r equality. Hate Speech Laws: Balancing free specch and pmtection from hami Climate Change: UrgeD¢y or exaggeratson?

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 Summerversity Proj¢cts'. As part of our sumTner planning, we secur￿1 fiinding to deliver several exciting new proje£ts.' Graffiti Arts Proj¢ct (Ages 12-19)= This bands-on progratnm¢ engaged 17 unTrque participants ￿ ￿$SIon. encouraging young people to explore street art using spray cans &$ brnshes and walls as canvases. Participants learned new techniq￿5 and enjoyed a dynamic creative journey. Upcycling Fashion and Textile5 (Ages 12-19)= Foutieen participants joined a series of workshop5 to reirnagine old clothes and creaie new items. They developed skj'lls in.. Pattern cutting N¢al¢work Sewing machine Ope￿lOn Hemming Tailoriog for fit Adding embellishments The Politics Proje¢t- At Éhe fable Workshop: On 5th February, w¢ hosi¢d The Politics Projeci. which delivued an iThteractive session titled Ai the Table. Ttrle workshop introduced many of the young people. most of whom had never engaged with politi￿ before, to political discussion. Participants took part in gTOUP •¢tivities And reflected OD what they would prioritise if th¢y held leadeTship role5. Trips and Off-site Activities-. During the Febrnary half-tern). we tr￿ the young people lo WEST Youth Zone. where they ¢njoyed roller skating, Tooftop football, and indoor climbing. The trip wa5 a hit and many expressed interesi in returning. We also organised a crazy golf trip. wh¢r¢ thc young p¢oplc had full sbowwiThg their skdls. Super Girls, Group- In￿rnational Women's Day". Self-Love Event: On I ith Febnw. we hosted the Tslington Super Girls, Group to celebrate Internationa] Women's Day. Girls from Prospex and Mary's Youth Club joined us foT a day of engaging activities, including sewing (m4k]"ng bair scrunchies), folk dancin& cupcake decorating and an inspirational talk from a Iwal fcmalc busin¢ss own¢F. Th¢ event welcomed 36 ￿rIS and was atteDd¢d by senior council officials. Impact and Engagement.. The SummeThersity Coutxes. alongside our open aCC￿S youth club programm4 weTe a big success. with over 30 youtkg people attendAng daily se&sions. We welcomcd ovcr 30 new mcmbcrs. many of whom livc locally, but had not been aware of our terni-time ses5iODS at Higbbury Rouudhou%. This gave the youth team a valuable opportunity to build relAts"ooships and proIiiote our year-round offcr. The approach worked, over half of tbe new munbcrs rcturned foT our first tenTh-titthe session in September. As our Open Access and ￿rIs, sc4ions have become moTe estsblished. we are now receiving referrals from other Islitkgton servic¢5 and bUild￿g n¢w partuerskn.ps with local colleges. When out team identifi&s further needs. we work with council ￿rvIC¢S io ¢onnect young people io broader support networks. Fulure Plans: Having built a strong foundation. our focus for the cotDing year is to COLlinue offeritig higb-value aCÉivities that attract and retain young people. while increasing membership. W¢ plan ￿ bring in facilitators to deliver more engagingj 'Ma￿etIc. s¢ssions ytar-rouDd.

HIGHBURY ROUNDHOUSE ASSOCL4TtON LIMITED (A COMPANY LtMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 We are also exploring a collaEM)ration with Christrhurch Communiry Centre to deliver an enriched offer in the Highbury Ward. Regular outreach near schools and local hotspots will continue. We aim to further promote the centre through social media and outrcacb near secondary schools and popular youth locations. Our main goals include expanding the number of young people w¢ support and securing long-temi funding to sustain and grow the project. User Eroups One of the many ways we work with local people is by supportlng users in providing a range of service5 and aciivities that are of interest to the community. These can iDclud¢ dance projc¢ts, kara¢, pilaies, and special int¢r¢st groups. The organisation hires out its facilities at reduced rates to assisi thcse groups. We oftcn usc core illcome streams and fundraising to subsidi5e their activitie5. W¢ are always looking for ways ¢0 incTeLs¢ our user base and are happy to ¢xplore ncw idths and projects thxi will benefit local wtrple. Ltsoklng Ahead to the Following Vear l. Expallding Ser￿c¢S. We plan to introduce llew prOgran￿ and services to meet the evolving need5 of our community. This includes workshops. support groups. and recreational activities. 2. Community Engagement". We airn to increase community itivolvement tbrough voluntrer opportunities, p￿tne[sIll.pS with local organisation& and recruit a Community EDgag¢ni¢nt OffiG¢r. 3. Sustainability Initiatlves= We will focus on making our opeTations more sijstainable. including implementing grecn prnGticcs in our bw.Id￿g and promoting enviroillnental awareness. 4. Feedback and Improvement: We will seek feedback from our service users to continuously improve our services attd ensure we are meeting their needs effectively. 5. Celebrating Community Events: We want to hold at least thr¢¢ community ¢v¢nts during th¢ y¢ar. 6. Fundraising and Support.. W¢ will continue our fundraising effotts to sUp￿rt our pro8rams and services, ensuring we can maintain and expand OUT irnpact. 7. Prepare an action plan: We will dtaft an action plan for the areas of impmvemenL identified from the annual review of our b￿Siness plan goals. FINANCIAL REVIEW The year ended 31 Mar¢h 2025 w&s a suc¢¢ssffiJl on¢. with setvices delivered from our new building. This section of the report focuses on fiDan¢ial matters and the organisatioll's fijmncial perforn)ance. In summary. the organi5ation manag¢d to produce and maintain a balanced budget while also achieving some growth. The financial perforniance for the year resultrd in a surplus of £6.170 (2024.. £36.816). This consisted of a surplus on unrestricted ￿ndS of £22,320 (2024.. £56,308) and adeficiton restricted funds of£(16,150y(2024.. £{19,492). Princi l Fundin Sources and Tncome Generation The organisation's income for the year increawl to £1.130,691 (2024.. £1.035.141). Income from fees & charges r¢duc¢d to £446,784 (2024.. £459,311)- Income from lettingg increased th £159,302 (2024.. £136,838). The income is expec*d to grow Is we work with mor¢ partners in our Lvmuiullity building. Thc organisation received £449,137 (2024.. £365.708) from ]slingthn Council wdeliverprojects ServiceLevel Agreements. Income from restricted fun4ts increased to £866,866 (2024.. £765.148). expenditure increased to £883,016 (2024.. £784,640}. This resulted in a nei outflow in restricted funds for the year of £(16.150)1 (2024.. £(19.492). The main reasotis for ihe change in restricted funds are the increase in service costs, depreciation charged on the leased cornmwiity building and the number of projects delivered. Details of the movement in restricted funds ¢an be found in Note 13 of th¢ financial statements. There was an increase in interest received to £1,495 (2024.. £654). The organis￿100 has completed a budgei for 202512026. whiclt indicates a balanced budget for the year.

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 tnvestment P lic Th¢ orgauisation continues to be pnmlent in the way it manage5 its funds and mosl of its cash is held ID, Oli- demand deposit accounts. The organisaiion does maintain some funds in & 32 day noii¢e accounL Fundraisin The trustees have reviewcd the fi￿draising arrdngements aTMI the revised budgei for 202512026 and considered the reluru on fundrnising costs. Fundraising costs foi the year under review was £23,543 (2024: £19,414). The increase during the year has been considered against the Organisation's fundraising plan and is considered to be approprialc. Thc orgaDisation Goutinues with its policy of attracting ￿ndS from different sources. Tbc organisatiOT]'s budget for 202512026 indiLatrd that additsonal funds will be required to Sustain several proJe¢ts and meet the repayments of the social invuljnent loans. The trustees bave considered the budget and indi¢ate that it AS achievable. Volunteers The organisatson is grateful for the effoTts of Volun￿[$ who work on avuage twenty hours per weeK for fifty weeks. in differcnt areas of our work. Il is esiimaied that over l.(M)O volunteer hours were provided during the year. If this is ¢ons¢rvativ¢ly valued at £15.95 an hour the volunteer efforts amount to £15.590. Cash ReSc￿eS Polic and Goin The truslees are of the view ihat ihe OTgaiiiwtion should maintsin a certain level of cash resetves to protect against drops in income and to take advantage of any new opportunities that may arise. Therc is no specific legal requireTnent to Tnaintain a d¢fin¢d amount of cash resetves (although three months of operating expenses is often quoted). The cash reserve policy specifi&8 an appropnate minimurn #Tnount of cash reserves to be held. If the cash reserve Icvel is set too high, it can mak¢ fundrnising more difficult as it may appear that Highbury Roundhouse {HRH) is hoarth.ng cash so is not fo¢us¢d on froni line setvice delivery. Collversely, setting the minimum cash reserve lev¢1 too low may make HRH Iwk vulnerable or appear that HRH is suffering from poor financial manag¢ment and control. The cash reseNe policy requires that a series of trigger levels are sel based on one month of core expenth.ture plus a redundancy resetve as follows". Green.. ¢&sh resuves higher than 3 months of Core expenditure pl￿8 redundancy reseTve Amb¢r: ¢ash r¢s¢rves are b¢twe¢n I month of core expenditure plus redundancy reserve and 3 months of Core expeThthture plus redundancy resetve '. cash resetvas are below I month of core expenditure plus reduThdancy reserve. Each trigger level requires a differeni set of responses as follows.. Green (no cause for concern): No action required Cash reSe￿e levels ar¢ monitored on a monthly basis Amber (height¢n¢d awareness): c.ash r¢serv¢s are below desired level Any Capital ¢xp¢ndibJre to be approved by the Tn Material Igreater than £2.1N)O) non-discretionary revenue expenditUTe to be approved by the Trustees C&8h reserve rcquirements continue to Ix monitored on a monthly basis

HIGHBiIRY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARAKfEE) REPORT OF THE TRusfEES YEAR ENDED 31 MARCH 2025 Red (cause for concern)". All capitsl expenditure stopped All material non-discretionary revenue ¢xpenditttre stopped Director to prepare a fundraising plan deatly articulating the necessary steps to incrcasc reserv¢s back to desired level Fwidrai5ing plan ￿ be approved and monitored by the Trustees Increa5¢ monitoring frequency to weekly The trustees are saiisfied that the OTganisaiion has sufficient funds to m¢¢t its opeiational commitments. As at the reporting date the cash balance5 were £109,764, which resulted in a ￿een (no ca￿e for concern) stabjs. The trnstees are satisfied thai th¢ organisation h&s sufficient fijnds to meet its reserv¢s p)licy. Plans for Periods Thc organisation regularly reviews its wotk and makes improvements where necessary. The plans for the future in¢lude= Seek addltional funding to suppK)rt ow projects And io deliver new services. Increase the number of user groups using the new building each year. Deliver after school aciivities and setvices for older people. Provide suP￿rt to our ward partnership meetings. Develop n¢w servlces for early year'5 childr¢D and thcir families. Hold ai least three community eventslactivities each year. Ensurc that w¢ rontitlue io pay all our stsff above the London Living Wage Work with Islington Council to sh8pe how the front of the site is develO￿d and used to best serve the Community. 10

HIGHBURY ROUNDHOUSE ASSOCIATION LtMrrED (A COMPANY LIMITED BY GUARANfEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 Referenee and administrative detslls Higbbury Rowidbous¢ Association Limifyj REGISTERED OFFICE AND OPERATIONAL ADDRESS 71 Ronalds Road London N5 IXB REGISTERED CHAPJTY NO.. 288370 COMPANY REGIST￿4T[oN NO.. 1759460 (EDgland & WAles) BOARD OF TRUSTEES: Neville Cowton - Chair Atthew Myer Sreffan Taylor Scott Wadlow Sara Zavaleta MartiD Jon¢s Rory Leyn¢ Rob Allum Adelaide Cowion Jason Hcward . Deputy Cbait - Company Secretary - T[￿￿[Cr Resigned 29.6.2025 Lloyds Bank PIC 19-20 Upper Street London Nl OPJ AUDITORS.. Beavis Morgan Chartered AccouDtants & Sratytory Auditor5 82 St John Street Londoth ECIM 4JN SOLIcrroR.. Russell Cooke 2 PutDCy Hill London SW15 6AB SENIOR MANAGEMENT TEAM: Andrew Berthier - Chief Ex￿￿tive Savanah Popal Julie Day Nigcl Willi3tDS Le51ey Palling - tkputy Director - Head of Ckn"Idren's Services - Older pcople's scrvices manager - Out of school seryices manager - Undtt-fivc's services ntsnager

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LtMtTED BY GUARAP4TEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 STRUC GOVERNANCE AND MANAGEMENT Governin me The Highbury Roundhouse 15 a charitable company limited by guarantee and was set up in 1974 by a group of socal people. The organisation was first registered as a charity on 27th January 1978, under the name of Highbury Roundhouse Gioup and was inco￿lAted on 6th October 1983. Th¢ compauy was ¢stablished wider Memorandum of Association. which incoTporated the objects and powers of the chantable company and is governed under its Articles of Assoclauon and constitution. The clmrity has Do slwe capital,. each member's gUaran￿e is limited to £1. Recrnitment and A iniment of TnL%tees The directors of the company are also cliarity trustees for the puwes of charity law and under the company's A￿'eleS are known as members of the ManagemeDi Committe¢. M¢nhbers of the Management Comrllittee retire by rotation annually at the organisation's AGM and can be re- el¢¢ted by the membeTS. All members of the Managementcommittee give their time voluntarily and re¢¢iv¢no paym¢nt from the Chariry. Any expenses reclaimed from the ¢harity are set out in note 8 to the accounts. Most of th¢ orgarhisation's WOTk is fwused around working with young pcople and childTeTi. The Managem¢nt Committee seeks to ensure that the needs of tbese ￿0upS are appropriately reflected through the diversity of th¢ trustee body. The organisation actively encourages local pcopl¢ and users of its services to become members of the Manag¢rnelli Cotnmittee at the AGM. Where particular skills are required. the organisation would approach Individuals with the appropriate skills. to se¢ if they would offer themselves for election kn the Management Committee. Trnstet Induction and Trainin Most trustees are already familiar with the work of the chariry having been involved in some way. either as a iIS¢I OT provider of services. New t￿SteeS are invit¢d and eD¢ouraged to attend a short training s¢ssion of no more than an hour io familiarise thcmselves with Ihe organisation. These sessions are jointly led by the Chair of the Management Committee and the CEO and cover.. Thc obligations of Managem¢ni Committ¢¢ m¢mb¢rs. The tnain docuvnents, which set out thc operational fram¢work for the charity including the Memordndum and Articles of Association. Discussion of the organisation's latest annual rewrt and audited accounts. Fufure plans and objectives. Safeguarding. (All trust￿ are required kn undergo safeguarding training) The charity also circvlatrs a ￿pY of tbe Commission's guide'kn¢ Es5eDtsal TTusiee" along with a copy of the Memorandum and Arti¢l¢s of ASS￿]&110￿ and the latest financial stai¢tncnts to all trustc¢s. Risk Man ement The tnjstees have overall responsibility for ensuring that the OTganisation has appropriate systems of ¢ontrol, financial and othenvise. The day-to-day operauon of this is delegared to the CEO. TNstees are also reswnsible for saf¢guarding the assets of the charity and hence for taking reasonable steps for the Prevention and detection of fraud and other i￿egUlarl￿tS. They also provid¢ rcasonable assurdoces kn the best of tbcir knowledge that: Tb¢ ¢harity is opernting efficientiy aDd effectively. 12

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 Its asseLS are safeguarded against unauthorised use OT disposition by the applicarion of systems of internal Proper Te¢ords a￿ maintained aDd fuiancial infom￿tIon used within the cbarity or for publication is reliable. The charity complies with Televant laws and regulatioThs The systems of internal control are des?￿ed to provide reasonable, bul Thot absolute, assurance against material misstatcment or Ioss. Thcy include.. AD annual budgei approved by the trILsiees: Regular consideration by the trustees of financial infomatlOD' Delegation of authority and scgregatson of dut] Identification and management of Tisks The trus¢ees review risk management to financial risks and implement Tisk management stra￿gleS where appropriate. This will involve identifying the rypes of risks the charity face5, prioritising them in terms of poteniial impact and likelihood of occurrence. and identifying means of rnitigating th¢ risks. signifi￿nI ¢xt¢rnal risks to funding have led to the dev¢lopmenl of an active prograEntne. which will enhance the diversification of nding and services. Internal risks are minimised by thc implementation of procedures for auihorisation of all trdnsactlODS for projects and th¢ ¢or¢ fi￿Ction. Pm¢edures ate place to ensure compliance with health and safety of staff. voluntr£TS, users and Visi￿r$ io siies where we deliver services. We regularly work to improve our Ofs¢d ratings wherever we deliver Ou( of School Service& anisational Structure The trnstees meet monthly where the managemeDt committee review strategy and perfornwice and set operational plans and budgcts for the year. At present the Commit￿ has 9 members from a variety of prof¢ssioDal b3¢kgrounds. The organisation has two g11￿COMmitteeS wbich are made up of trustees and other individuals. The management committee have delegated authority to the following sub-committe¢s'. Premises Management sub-con]mittee- Chair Scott Wwjlow Youth Club sub•committee- Chair Stcffan Taylor The sub-committees operdte Under specifie tern￿ of reference tbai be ratified by the fi]]1 Board. A system of delegation is in place and day-to-day resp)nsib51iry for the provision of services resi with the CEO along with the senior managemcnt tcaTn_ The ￿0 is responsible for ensuring thai the organisation delivers the services specified and that key ￿(OrnlancZ iDth"cators aTe rneL ee Inv Ivement and Em lo ment of the Disabled Employees are consulted on issues of concern to them by means of regular st2ff meetings 2nd are kept infornied on specific matters directly by the senior managemenl team. Whenever possibl¢ the organisation ¢awics out exit interviews when staff leave and has a procethlre of upwaTd feedback to trwtees. 13

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED {A COMPANY LIMITED BY GUAIL4NTEE) REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 The oiganisation has a nutnbeT of detailed polici¢s in relation to aspects of personnel malters incluth"Dg: Equality and Div¢r5ity policy VoluDtcers' policy H¢alth & Safety policy Confidentialiry policy Whistleblowing policy Children and Young People Safeguarding policy Adult Safeguarding w>licy In accordance with the charity's equality & divasity wjlicy. the clwity bas long established fair employinent practic￿ in ihc recruitsnent, selection, re￿ntIOn and trdining of staff. The charity is committed to the principle5 laid out in Islington's Fairn¢s$ Con)mi&sions' report Full detsils of these policies arc availabl¢ from th¢ organisatiort's registered offLCe. Remuneration of ke ement The pay of the Senior Managemenl team and all Staff ar¢ r¢viewed a[￿uallY duritig the setting of the annuaj budget and nomially incrrased in aCcOrda￿e with average earnings to reflect a cost of living adju5tmenL The budg¢t is agr¢¢d by the trustees. TRUSTEES RESPONSIBILITIES RELATtON TO TILE FNANCIAL STATEMENTS The Iruslccs who are also the direciors for the purposes of company law are resrM)nsible for ensuring the charity prepar¢5 a tn]stces' annual re￿rt and financial statements in accordance with applicable law and United Kingdom Accountiog Standards (United Kj'ngdom Generally Accept¢d AccouDting Pra¢t]c¢). Company law requires the charity trust¢C5 to prcpare futancial sratrments for each fllwicial year which give a true and fair view of thc stst¢ of &ffairs of ihe charitable company. Its incoming resources, application of rcsourccs, in¢ludiThg ineome and expenditure. for the financial year. In preparing the financial statements. the trusleas are required to: Select suitable accounting policies and then apply thcm coThsist¢ntly- obscryc thc mcthods and prin¢iples Kn the Charities SORP. make judgem¢nis and ¢Siim8t¢s that are reasonable and pnthL state whether applicable UK accounting standard5 bave been followe¢ subject to any material depa￿￿eS disclosed and explained in the Iinancial statements- prepaTe the financial statements on the going concern basis unless it is inappropriate to presume that the compatty WLll continue on that basis. The trustees are responsible for maintsining adcqukte aCCOUnting records that disclose with reasonable accuracy al any time. the financial ￿SItion of the charitsble company and to enable them to ¢nsure that the financial statements cotnply with the Companies Act 2(K16. They are also responsible for safeguarding the assets of the charity and hence for Ta￿ng reasonable steps for th¢ prcvcnlion and d¢l￿tIon of fraud aDd oiheT irr¢gulatiti¢s. The trustees are responsible for the maintenance and intcgrity of thc corporJtr and financial information included on the charitable ￿)MpanY'S website. L£8islaiion in th¥ Kiijgdoiii goven)ing thc prcp¥Ar&tion and dissemination of financial ststements may diffcr from legislation in other Jurisdictions. 14

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE} REPORT OF THE TRUSTEES YEAR ENDED 31 MARCH 2025 Statement a5 to th"sclosur¢ of infonnation to auditors Ill so far as the tn￿tee5 are aware: there 15 no relcvant infornrdiion, being infom)ation needed by the auditor in connection with preparing their repoQ of which the audilOI is unaware, and thc trusttts have taken all steps that they ought to have tsken to make themselves aware of any relevant audit inforn]ation and to estsblisb thai th¢ auth.tor is #war¢ of the infonnation. e in fixed assets The movement in fixed asscts during the year are set out in note 9 to the financial staternents. Auditor5 The Audiiors. Beavis Morgan will be proFKJsed foT re-app)inlmeni ￿ the forth¢oming Annual General Meetin& 27th October 2025 Approved bythe Boardon........................................ Ncville Cowton Chair of the Board of Trustees 15

INDEPENDENf AUDITORS, REPORT TO THE MEMBERS OF HIGHBURY ROUNDHOUSE ASSOCIATION LtMITED Opinion We have auditcd the financi￿ ststements of Highbury Roundhouse Association Limited for the year ended 31 March 2025. which comprise the Statement of Financial Activities, the Balance Sh¢¢L tb¢ Cash Flow Statement and notes to the financial statements, including a surnmary of significant accounting polici&s. Thc finan¢ial reporting framework that has beeo applied in th¢ir pr¢patation is applicable law and United Kingdom Accounting Stsndards (Unitrd Kingdom Generally A¢cepted Accounting Pracuce). In our opinion the financial sfatements.. give a trne and fair vi¢w of the state of the chan'table CoMpan￿S affair5 as at 31 March 2025 and of its incoming r¢sourccs and Application of Tesources. including its incom¢ and ¢xpendityr¢. for the year then ¢ndcd. have been properly prepared in accordance with Uniied Kingdom Genetally Accepted Accounting Practice. and have ken prepared in accordance with th¢ rcquir¢m¢nts of the Companies Act 2006. B&sTS for opinion We ¢onduet¢d our audit in accordance with [n￿rna￿Onal Stsndards on Auditing (UK) (ISAS (UK)) and applicabl¢ law. Our responsibilities under those standards ar¢ further described in the Auditors respoJ)sibilities for the audit of the financial ststements secuon of our TeporL We are independent of th¢ charitable company in accordanc¢ with the eihical requirements that are relevant Io OUT audit of the fJnan¢ial statements in the UK including the FRCS Ethical Standart and w¢ havc fulfill¢d our other ethi'cal responsibilities in accordance with these requirements. We b¢li¢ve that the audit evidence we have obtsined is sufficient and appropriate to provick a ba515 for our opinion Conclusions relatiDg ¢0 going CODcern In auditing the financial statements. we have concluded that the trustees. use of lh¢ going concern b&%es of accounting on the preparation of the financial staternents is appropnate. Based on the work we have perforn)ed. we have not identified any material uncertaintses relating io events or CODditious that. individually or collectively. may cast significant doubt on tb¢ ¢haritable compatty's ability to eorttinue as a going concern for a period of ai leasi twelve months from when the financial statrments are autborised for issue. Our rcsponsibilitics aDd the respoDsibiliti&8 of the tn￿teeS with respect to going concern are described in the relevant sections of this report. Other informatlon The tnjsiees are respO￿$1b1e for tbe other Infom￿l10n. Th¢ orh¢r Infom￿tIon comprises the inforn]atiOD in¢luded in the annual reporl other than thc fJnan¢ial statements and our Report of the Independent Auditors thereon. Our opinion on tbe financial statem¢rbts does not cover the other Inforn￿tiOn and. except to the extent otherwise explichtly statcd in our rcport. we do noi express any fomi of assurnnce conclusion thereon. In connectlOD with our 3udit of the financial staments. our responsibility is to r¢ad th¢ oth¢r infomtion an￿ in doing so, consid¢r whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtsined in the audit or othenvise appcars to be mai¢riaily misststed. If we identify such material inconsistcncies or appareni ma*rial misstatements. we are required io determine whether this gives rise to & mk¢rial misstatemeni in the fllwicial staicmcnts th¢ms¢lvcs. If. based on the work wc have perfornied, we conclude thaE there is a material misslatctnent of this other infomiation. we ar¢ r¢quiTed to rcport that fa¢L W¢ have ll0th￿g to report in thi5 regard. 16

tNDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED Opinion on other matters pres¢ribed by the Companies Act 2006 In our opinion, based otl the work underthken in the course of the audit.. thc inforniaiion given in the RerM)rt of the Trustee5 for the fiDancial year for which the finaocial staternents are prepared is consistent with the financial ststements- Ènd th¢ Re￿rt of the T￿￿tee5 has be￿ p￿pared ID ar￿[dance with applicabl¢ legal requirements. Matters on which we are required to report by exception In the light of the knowledge and Understanding of the clwitable company and its environment obtsined in the course of the audi( we bave noi ideniifjed material misstatements in the Strdtegic Rewrt or Report of the Trustees. We hav¢ nothing to report in respect of the following matters where the Companies Act 2(K>6 requires us to report io you if, in our opinion". adequate accounting records have not been kept or rethrns ad¢quate for our xudit have not iKen received from branches not Vlsiled by us; or the financial statements are not in agreetnent with the a¢¢owJting r¢¢or(ts and r¢turns.' or certain disclosures of tThstees' rcrnwieration specified by law are not made" or we have not received all the inforn￿tIon and ¢xplanations we require for our audit. or the trusices werc noi entided th tske advantage of the smau companies exemption from the r¢quircmcnt to prepare a Strategic Re￿Irt or in preparing the Report of the Trustees. Responstbilities of trustees As explained mor¢ fully ID th¢ Statwn¢nt of TnLgtees R&wnsibilities, the trustees (wbo are also the directors of the charitablc company for the purposes of company law) are r&sponsible for the preparation of the financial staierneDts and for being saiisfied that they give a true and fair view. and for such internal ontrol as ihc trust¢¢s dclettnine is necessary to enable the preparation of financial statcmcnts that arc frce from material misstatemenl whether due to fraud or e￿or. In preparing the financial stalements. th¢ tru5t¢e5 are Te5pgnsible foi Lssessing the chatitable compangs ability to continue as a going concern, disclosing, as applicable. matters rela(ed to going concern and using the going conrern basis of accounting unless the ttustees either intend to liquidate the charitable company or io cease operations. or have no realistic alternative but to do so. Auditors, responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial ststements as a wbole ar¢ free from material misstatemcDE wbcthcr duc to fraud or error, and (o issue a Repoyt of the Independent Auditors that includes our Opinion. Reasonabl¢ as5uratK¢ is a high l¢v¢l of assurance, but is not a guarantte that an audit conducted in accordall￿ with ISAS (UK) will always delect a material misstatement when it exists. Misstaternents can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influ¢ll¢¢ the e¢onomi¢ de¢isions of ￿rS taken on th¢ basis of these financial statements_ The exteni io which our procedures are Capable of detecting irreglllarities, including fraud is detailed below.. We obtained arL undcrstandllhg of the legal and regulatory ftameworks applicable to the Company and the sector in which they operate. We detern)ined that the following laws and regulations were most significant.. the Companies Act 2(KJ6 and the Charili¢s Act 2011. We assessed the susceptibility of the Compan￿S financial statements to material rnisstatement. including how fraud mighi occur. Audit proccdurcs ￿rfOrned by ￿ included.. identifying and assessing the design ¢ffectiven¢ss of controls management has in place to prevent and detct fraud. 17

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF HIGHBURY ROUNDHOUSE ASSOCtATION LI￿lITED undersranding how (hose charged with governance considered and addressed the poteniial for OVCETide of controls". challenging assumptions and judgmenLS made by rnanagem¢nt in its signifJ¢ant accounting estimates. identifying and testing journa] entri￿. in particulaT any journal entrie5 p)sied with unusual account combinations. and

ssessing the exient of compliance with thc rclcvant laws and regulations.

A further description of OUT reswnsibilities for the wdii of the financial sthiements is located on the Financial Reponing Council'5 wcbsite ai wwwfjtc.or£.uklaudiwwponsibiiiues. This description forms part of our Report of the IndeFndent Auditors. Use of our report This report is madc sol¢ly to the ctrthritsble company's membcrs. a5 a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2￿6. Our audit work h&$ been undertaken so that w¢ mighi state to the charitsblc corrhpxny's members those matters we are required io sr#te to theTn in An auditOTS' report and for no oth¢r purpose. To the fullest extent permirt¢d by law, we do noi accept or assume responsibility to anyone other than the charitable company and Ihe charitabl¢ company's as a body, for our audii work. for this report, or for the opinions w¢ hav¢ formed. Mauhew Burge (Senior Stsruw Audi￿r) B¢avis Morgan Chartered Accountsnts & Sramiory Audito 82 St Jolm Streei London ECIM 4JN Date.. 14 November 2025

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED {A COMPANY LIMITED BY GUARANTEE) (Registered Number: 01759460) STATEMENT OF FINANCIAL ACTIVTrtLS On¢l¥dlng In¢ome and Expenditure Aecount) YEAR ENDED 31 MARCH 2025 UTrTe51Tic￿d Fvthds 2025 Restricted Funds 202$ Total Funds 2024 Funds 2025 Notes IT4COME: Donation5 and 0¢￿T voluntary income 7.095 8.095 3,535 orne from Cbarirabk a¢tiviti¢s'. GranLS, ¢ontracts dnd donations 236.802 865.866 1,102,668 998,886 Other aciivilies 18.433 18.433 32.066 Investment incom¢ 1.495 1.495 654 Total ineome 263.825 866,866 ,130,691 1,035,141 EXPENDrfuRE: Raising fund5 23,543 23.543 19,414 Charitable activitie5 262,962 838.016 1.100.978 978.911 Totsl Eiptndltsr¢ 286JOS 838.016 1.124,521 998J25 Transfer between fvnds 45,11(rf1 (4S.IMJO) NET INCOME FOR THE YEAR 22.320 (16.150) 6.170 36,816 RECONCILA TION OF FUNDS: Tothl br04Jght forward 272.109 2.916.087 3.188.196 3.151.380 Total funds carried fonwdrd 13 £294J29 £l899.937 £3,194 J66 £3,188,196 The slatement of finartcial attivities includes ajl gain5 and losses recognised in the year. All in￿rne and expendittl]E denve from tontinuLng a¢tLvifies. 19

HIGHBURV ROUNDHOUSE ASSOCIATION LIMtTED (A COMPANY LIMITED BY CUARAJ¥TEE) (R¢gis¢eTed Nurnber: 01759460) BALANCE SREET YEAR ENDED 31 MARCH 2025 2025 2024 Notes FIXED ASSETS Tangible osseLS 3 J81.923 3.407,278 CURRENT ASSETS Debtors 10 25.515 18,091 Cash at Bank and Ha￿1 109,764 148,485 Trfl ¢urreThl assets 135,279 166,576 CREDITORS- Arnounts f•lling due within one year (87,922) (125,6561 NET CURRENT ASSETS 47,357 40,920 To¢] ￿￿ets less current liabilitles 3.429.280 3,448,198 CREDITORS: Amounts falllng due xftsr more one year 12 (234.914) (260.002) NET ASSETS £3,194J66 £3,18&196 REPRESEKfED BY: Restricted thnd$: 13 2.899.937 2.916,087 Unresirfcied f¥nds: Geneiaj 13 294.429 272,109 TOTAL CHARITY FUNDS £3.194J66 Ll.188.196 These financial s¢arements have been wepared in accordanc£ with the special provisions of Part 15 of the Companies Act relating w small ¢harirabl¢ companies and coLstirnt¢ the antwal a¢¢ounts required by Companies Act 2006 and are foi citclllatLQts to mett)btrs of the company. The notes at pa8es 22 to 31 fonn part of tlKsc fiTwKial ststCmCDts 27th 0(knt*r 2025 Appfovedbytheboardon......................................................... Scoii Widlow Trex5Mrer 20

HIGHBURY ROUP4DHOUSE ASSOCIATION lJfvflTED (A COMPANY LIMITED BY GUARANfEE) IRegi$tered Number: 01759460) STATEMENf OF CASHFLOWS YEAR EI¥DED 31 htARCH 2025 2025 2024 Notes CASH GENERATED FROM OPEK4TING AcrtvrTIES 19 26.715 111,377 InvesttDg 8¢tivities: Interest income .495 654 Purchase of tangible fixed assets (16.228) {5,612) (14,733) 14,958) FiThaThclng activities Long term loans rqHid during the year {50,703) (46,588) (50.703) (46.588) INCREASE I (DECREASE) IN CASH AND CASH EQUIVALENTS (3&721> 59,83J Cash atKi cash equivalents at the beginning of the yeat 148,485 88,654 CASH AND CASH EQUIVALENTS AT END OF THE YEAR £109.764 £148.485 21

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) OiegisteTed Number: 01759460) NOTES TO THE FINANCIAL sTATEME￿Ts YEAR ENDED 31 MARCH 2025 ACCOUNTtNG POLICIES Th¢ principal accountitig policies are surtu￿sed bclow. Th¢ accowitsng policies hkve been applied consislcntly throughout the year and An the preceding year. These accounts bave been prepared under the histori￿Tr cost convention with items recogmsed atcost or transaction value unless otherwise 5tstcd in the relevanr no￿8 to these accounts. 1.1 Basis of Preparatio The financial stsiem¢nL8 have been prepared in accordance with Accounting and Reporting by Cbaritics." Ststctnent of Recommended Practice applicable to charities preparing thcir accounts in accordan¢e with the Financial Reporting Sthndard applicable in the UK and Republic of Ircland (FRS 102) (effective I st January 2019) - (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the CompanTes Act 2006. The charity meets the definition of a public bcncfit cntity wid¢r FRS 102. Assets and liabiliiies are initially recognised at historical cost or transaction value unless otheTw&se stated in the relevant accounting policy Dotcs. 1.2 Preparation of the accounts on a going concern basis At the time of approving the a¢¢OUDLS. the dIrec￿[S bave a reasonable ex￿ctatIon that the charity has adequate Tesource lo continuc in opcration for the foreseeable future. The Trnstees are confident thai the charity remains a going concern for the foreseeable future. 1.3 Incoming resources LncoTDe rcsourccs are included on an aCCn￿lS b&sis in the Ststement of Finartcial Activities when the criteria of entitl¢mcnt, probability of receipt and measurability bave been met. Income from the local authority and other grants, whether'capital" or-revenue" grants, is Tecognised when entitlement to the funds. any perfornwice conditions attached to the grgllt bav¢ been m¢1, it is probable that the income will be received and the amount can be measured reliably and is not deferred. Income received ill advance of contracted servicc dclivcry is deferred until the criteria for income recogttilion are met. Donated setvices and facilities are includcd ID the SOFA when re¢eived at the valu¢ of th¢ gift provided the value can be measured reliably. Goods donated for on-going usc arc reco￿lS¢d &$ tangible fixed assets and included in the SOFA as income from donations when receivable. Investment income is iDcluded in the SOFA when received

HIGHBifRY ROUNDHOUSE ASSOCIATION LtMtTED (A COMPANY LIMITED BY GUARANTEE) (Registered Number: 01759460) NOTES TO THE FINANCIAL STATEMEKrs YEAR ENDED 31 MARCH 2025 Incoming resources from grants. where relatrd to perforniance and specific deliverdbles. are accounled for a5 the charity is entitled to consideration by its perforniance. The value of any voluntary help received is not included in the accounts, but 15 dcscribcd in thc trustees. annual report. 1.4 Resources expended Exp¢ndinJre is re¢ognised on an accnul basis as a liability is incurred. Expenditure includes any VAT which is not r¢¢overable and is reported as part of the eX￿ndin￿e th wbich it relates and the arnount of th¢ liability can be mwllred with reasonable certainty.. Costs of raising fi￿dS comprise the costs associated with attracting voluntary incorne and the costs of fundraising activity. 511/0 of core salary costs are apportioned to fundraising. Expenditure on charitable activitses comprises those costs incurred by the organisation ID the delivery of its charitsble activities. It includes Ex)th costs that can be allocated directly to such activities and Éhose costs of an indirect nalure necessary to suprKJrt them. Gov¢rnanG¢ costs ar¢ included in expenditur¢ on charitable activities and include those costs asso¢iat¢d with JD¢¢tithg the collstitutional aud statutory requiretllents of the chariry and include the audit f¢¢5 and G05ts link¢d to th¢ strat¢giG Tnana8¢ment of the charity and have been calculated as follows= Audit Fee Legal Costs AGM Expenses Full Full Full CL)mmittec mcetings Full Printing Poslage & Stationery l Core Salaries 51J/ All costs are allocated between the expendI￿re categories of the SOFA ort a basis de$igT*d to reflect the use of the resouTce. Costs relating to a paTttcular activity are ailocatrd diTectiy" oihers may be apportioned on an appropriate basis. The allocation is shown in note 5. 1.5 Tangible fixed a55ets and depreciatio Tangible fixed assets are stated at cost less accumulated depreciation. Where appropriate the cost of minor additions OT those costing below £l.000.IXI may not be capitalised. Depreciation is provided at rates calculated to write off the cost or valuation of each asscL over its expected useful life on the following basis". Office Equipment Furniture & Equipmenl Leasehold buildings 33 113 0/0 straight line basis 250/0 reducing balance basis l 0/0 StTaight line basis 1.6 Fulld aecounting UT]Testrictrd ￿ndS aTe incoming r&sources receivable or generated for the object5 of the charity withoul a sp¢cificd puw aDd art available as general fi￿d$. 23

HIGHBURY ROUNDHOUSE ASSOCIATION LI￿([TED (A COMPANY LIMITED BY GUARANTEE) IRegi51ered Number: 017594611) NOTES TO THE FINANCIAL STATEMENTS AR ENDED 31 MARCH 2025 Restricted ￿rt(ts are to k used for a specific purpose as laid down by the donor. Expenditure which meets this criterion is charged to the ￿nd. ￿gether with a fair allocation of management and support costs. The #im and use of each restricied fifftd is set out in ihe notes to the accounts. 1.7 Debtors Tradc and oth¢r dcbtors #re recogDised at the settlement amount due after any trade discount offered. Prcpaymcnts ar¢ valued at the amount prepaid net of any trade discount due. 1.8 Cash at bank and in hand Cash at bank and ¢asb in band iDclud¢5 cash and short tenn bigbly liquid deposits WAth a 32 day notice period or less h¢ld to short tcrni ¢ottlltiittnents as they fall due. 1.9 Creditors and provisions Creditor5 and provisions are recognised wh¢r¢ th¢r¢ As a present obligation resulting from a past event th* will probxbly result in the transfer of funds to a third party and ihe amunt due to settle thc obligaiion can be mwured or &stimated reliably. Creditors and provisions are nomially Tecognised at iheir settlemeni amount after allowing for any trade discA)unts due. 1.10 Pension5 The tnjstees awd tbat from 1st July 2016 the organisation will automatically enrol staff into the People's Pension scheme, which is funded by contributlODS from employees and employer. unless staff opt out of the scheme. The scheme is a rnoncy purchase dcfirhcd contnbulion schcme. 1.11 FID#D¢lal lttstrumettts The organisation only has financial ass¢ts and financial liabilities of a kind ihat q￿lIfy as basic financtal instruments. Basic financial instruments ar¢ initi&lly recognised at transaction value and subsequcntly measurcd at thcir S¢Ttlcrnent vxlue. 1.12 Employee bemefits The cost of any unu5cd holiday entiilement is recognised in the period in which the employee's services are rcc¢ivcd. Annual Icavc noi taken is not nomially Ca￿led forward 24

HIGHBURY ROtrNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) (Registered Number: 01759460) NOTES TO THE FtNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 DONATtONS AND OTHER VOLuNfARY INCOME 2025 Tot81 2024 Total u￿r￿triCted Restricted Fundraising inCtsTne Various donations 458 7.095 8.095 3.077 £7.095 £i,00 £8,09S £3,535 GRA￿rs, coNrRACTS AND DONATtONS 2025 Total 2024 Total Ufvre$trkted Restrlcted London Borough of l51lngtl￿- Fees & tharg¢s PAYE Scheme 72,5 376,637 449,137 446,784 5.000 365,708 459.311 446.784 s.￿0 5,000 Greater Londoo Authority Lcttings fijrthering clwitablc objectives SIS Project Sport England 100 159.302 159.302 136.838 42.445 42.445 16.979 14,950 £236J02 £865.866 £1,102,668 £998086 OTHER AcT￿lTI￿$ 2025 Total 2024 Total Unrestricted Pat*ing fees Café and restaurant 353 353 456 17,630 450 17.630 450 31,152 458 Sundry income £18,433 £18,433 £32,066 25

HJGHBtQiY ROUNDHOVSE ASSOCIATION LJMtTED IA COhqPANY LIMITED BY CUARANfEE) {Re¥sitrtd •175946fy) YOTES TOTHE FTNANCIAL STATEMENTS YEAR ENDED JI MARCH 2fy25 TOTAL EXPENDITUP PENDm)Rt YwA¢h ID25Twtsi T•¢il D5r¢ctthv5ty¢•11&' SLTir U.783 11.1 lJJ• 25.gwj 23J.O JOJ36 59 226,429 12,1 A￿11 f 12fft) 13JlO Leyl 454 3J72 1.761 T•lI4Srert￿th1y￿c011l J7J51 5￿ppIrt¢I11Wokntr￿'. cos 23J43 447J24 470I67 5.154 972 ¥J27 34J34 7249 ISgM 41.5 JS.984 J&J63 1.4 35.S92 35MgL 17.W 71J15 139A.K91 2J.939 5upp•vt¢•sl¥ ifrer1￿Its) 71Jg1 iSKJ5 33.¥J9 625.643 5Y516 .73] £SU51 Sl141 £iww uiyj £14J13 £I.L24JZI £gPJJ25

HIGHBURY ROUNDHOUSE A&SOCtATION LIMITED (A COMPANY LtMtTED BY GUARANTEE) (Registered Number: 01759460) NOTES TO THE FtNANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 NET INCOME FOR THE YEAR 2025 2024 Staled fttr ehrglng: Depreciation Arnortisaiion £7.249 £4.010 £34.334 £34,353 Auditots iemuneration (external scrutiDy) £12.1Krf) £13230 STAFF COSTS 2025 2024 Statf costs were as follows: Salaries and wa8C5 Social stcuriry costs Pension costs 660,901 565,743 41,642 13.984 49.452 16,186 £726,539 £621J69 (kne employee received emohjrnents of more than £60.(W in the year12024.. Nil) The key managemcnl peTsonnel compr]￿ the tsiwee4 the Chief Execuiiv4 Deputy Dirtctor. Head of Children's S¢Tvi¢es 2nd four seTrice managers. The totsl employee emolurneThts of the key management personnel were £247,146 (2024.. £278,875). The senior n￿￿gement team. perfottn a role in the direci operntiona] activities of the charity- 2025 N•mber 25 2024 Number 27 The averAg¢ monthly htadcount of employees during the year was: Charitsble actLVlties MaAttlenanee and sllp￿rt Management and adtThinistratioD 36 33 ReStric￿d staff costs are tnet from fund5 specifically provided for that Purpose. REMUNERATION OF TRUSTEES & RELATED PARTY TRANSACTIONS No remuneration was paid LO TnLSktt OT did they T￿e1Ve any other benefits from an ¢mployment with another chariry during the year. nor was there any exF¢nses Teimbutsed to trustees (2024.. NIL). One of the bust¢es Is director of Class base. which delivers fithess classes in pannership with the ¢bariry. No f¢¢s were paid io the trustee or Class base in connection wjth this partnetship. No other ts￿tte or other persons relatrd to the charity had any personal iniercst in any contract OT transaciion entered into during the year {2024.. NIL). 27

HIGHBURY ROUNDHOUSE ASSOCIATION LtMITED (A COMPANY LIMITED BY GUARANTEE} IRegistered Number: OJ759460) NOTES TO THE FINANCIAL sTATEME￿rs YEAR ENDED 31 MARCH 2025 TANGIBLE FIXED ASSETS Offite EAwlpmeThl Furniture & Flttlngs Le￿hold BDilding$ Total Cost: As at I. Apnl 2024 37.397 72.483 3,433,327 3,543.207 Additions 16,228 16,228 As 2t 31 ¥T March 2025 £37.397 £88.71 I £3,433.327 £3.559.435 teumulated depreci4tion- As at I" Apnl 2024 Chargt for the year 36.078 735 62.657 6,514 37.194 135.929 34.334 41.583 As at 31" March 2025 £36.813 £69.171 £71.528 £177,512 Nei book v#lue". As at 3 IY March 2025 £584 £19.540 £3,361,799 £3,381,923 A5 at 3 Isi March 2024 £1,319 £9.826 £3.396.133 £3,407,278 The above fixed ass¢ts are all used to further the company's charitsble obJe¢tive& The new Community buildin8 is classified under le&schold. 10. DEBTORS 2025 2024 Trade debtors- contract income receivables 20.887 18.091 Sundry debtors and prepaymert 4.628 £25.515 £18,091 11. CREDITORS: Amounts falling due within one year 2025 2024 Bank and other loans 28.956 38.587 Sundry creditors and aC(n￿lS Taxation and social Security PcDsiou Costs 25.647 52,959 10,477 13.433 3,214 2,433 Deferred incom¢ 16.672 21.200 £87.922 £125,656 28

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED (A COMPANY LIMITED BY GUARANTEE) (Regrstered Number: 01759460) NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 12. cRED￿ORS. Amounts falling due after more than one year 2025 2024 Ba)k 102ttS 175,812 59,102 194,402 65,600 Other loaos £234.914 £260.002 Of which: Amounts falling due between two and five Yea￿ in*reM 7.3 % £116911 £108389 Amowits falling due in mott than five Ye￿ intcresi 7.3 % £118,0113 £151,613 The bank loans are secured by way of fixed and floating charge ort the leasehold property, 71 Ronalds Road N5 IXB atsd the other assets ofthe charity. 13. CHARITY FUNDS Start of year 21124 Income Expenses 21125 Transfer End of year 2025 2025 2025 Re5tritted funds: Pensioners project Youth project Chilthninders project Play schemes Oui of school services 5.304 87.4 {89,n i) (53.332) {32.141) (108.649) (519,829) {34,334) 3.033 8.399 76.305 18,006 68.488 [25.￿0) 15.225 6.372 3,784 4,4￿) 6.571 4.874 854 36.525 (98,7SO) 27.( 616.607 4,599 LL&sehold buildin8 Minibu5 fund 2.855.630 2.848.296 29.629 29.629 Pensioners forurn 2.280 2.280 Tot•l restrkt¢d fund$ £2,916.087 1£838.016) (45,000) £2,899.937 Unre5tiicttd funds: General fvnds 272.109 263.825 (286,505) 45,0￿1 294,429 Total Unre51ricted 272,109 261825 (286J15) 45,0(￿• 294.429 Total funds £3.IW196 £1,130,691 (£1.124J21) £3.194.360 29

HIGHBURY ROUNDHOUSE ASSOCIATION LIMITED {A COMPANY iIMITED BY GUARANTEE) (Registered Number: 01759460) NOTES TO THE FINANCTAL STA TEMEwrs YEAR ENDED 31 MARCH 2025 14. ANALYSIS OF NET ASSETS BY FUND Rt$trictEd Unrestricted Funds Total 2025 Tangible r￿ed a&sets Net current a￿tS 3.361,799 20.124 3,381,923 (226,948) {234.914) 274,305 47,357 1234,914) Long terni liabilities Net Assets £2.899.937 £294.429 £3.194.366 16. TAXATION Tb¢ ¢haTity 1$ ex¢mpt from lax on irwme and gains falliD8 within section 505 of the T4xe$ Act 1988 or $256 of the Taxaiion of Chargeabl¢ Gav￿ A¢1 1992 ￿ the extenr that these are applied to 115 charithble objects. No tax charges have aristn in ihc Charity. 17. GOVERNMENf GIL4NTS Income from govemmcn¢ grants ￿MPriseS perfom)an¢¢ t¢]ad grants made by th¢ local authoriry and HMRC furlough s(h¢D¢ to fimd the work of the or8aoisatiOD is proV￿d in notc 3 of the fuwicial sthtcments. 18. DEFERJIED INCOME DefetTed incom¢ comprises grants received ID the current fllwicial year but relating to the perfortnance of activities in the following year. 2•25 1024 Balatt¢e ai the start of tbt year Amount released to income earned from charitable activities 21.200 {21,2¢K)) 16.672 Amounts deferred LO the following year 21.200 Balance a5 at ihe end of the yer £16.672 £21,2110 Detsils of the def￿r¢d iticome att sbowo iti oote I l. of the fJnall¢ial sratements. 30

lllGHBURY ROUNDHOUSE ASSOCIATION LIMITED {A COMPANY LIMITED BY GUARANTEE) (Reglstered Number: 01759460) NOTES TO THE FINANCIAL STATEME YEAR ENDED 31 MARCH 2025 19. RECONCILtATION OF NET INCOME TO CASH GENERATED FROM OPERATING AUIVITIES 2025 2024 Net income for the year Depreciatton and amonisatioD char8e Interest paid InteTCSt received 6.170 36.816 41.583 38.364 15.984 {1.495) {654) 28.792 (Increase) I d￿rease in dcbto (7.424) Decrease in cr¢diiors (28,103) (7,652) Ca$b generated from opertlttÈ xttlvltlt$ £26.715 £lllJ77 20. LEASE COMMITME￿s On the 25th April 2017. the organisation signed a 99-yc4r Icasc on.. 71 Ronald'$ Road. London N5 IXB. The Big Lottery Fund and CAF Bank have a Icgal char8t on the lea8ehold building. The lease has ground rent of £5(M).00 payable annually. 21. STATUTORY INFORMATION Highbury Roundhouse Asso¢Jaiiots Limited is a compatty limited by guarantee, regssiered ID Engl8nd and Wales r¢gistraLiOn number 17594(A). The tt8i5teTed is: 71 Ronalds RoJ, tA)ndon. N5 IXB The prescnlation Currency of the fuwicial ststemcnts is the PouDd Steiling (£) attd the level of rouuding is the nearest l£}. 22. POST BALANCE SHEET EVENrs The organisaiiort is aware of a nwnber of cosi pressures and challeTh8es facing iht Sec￿r. Like other charities of simiIar siz¢ at)d capacity, the organisatioo bas prep¥a a detsiled budgek which has anticipated some signifjcant it)¢reas¢s in COSLS. The th￿ree5 are confident that the 0[ga￿lSatiO￿ with the aid of the cOM￿llnity building. will be able to tneet the thallenges and serve the commuThity for many years to comt. In this regard tht Organisation, has produced a balanc¢d budget for 202512026. The budget will k monitored regularly during the year. 31