HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 HIGHGATE NF COMMUNITY PARTNERS Charity rgglstr4d•)n numbor 290712 Company roglstratlon numbor 01859173 (England and W•k$l
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMrrED) LEGAL AND ADMINISTRATIVE INFORMATION Trnsts•8 Roberttken (Chairl John Carrier Stephen Hodge Rev•rènd Andrew Meldrum Barbara Smith Father Damien Mason Robert Schon Philip ale Olutomi Ayodeji S•crotary Stephen Hodge Charfty number 290712 Company numb•r 01859173 Roglstsrpd offi¢9 12 Highgate Close London N6 4SD Auditor Glazers 843 Finthley Road London NW11 8NA
HIGHGATE NEWTOWN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) CONTENTS P•go Tw8te, repLYt statement of trustees. r8sp¢)n$ibilities Independent auditots report 9-12 ststement of finanrial adivities 13 Balance sheet 15 Notes to the financial statemer 16-26
HIGHGATE NEvwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2022 The tN51ees wesent their rgport and finanual $tstements for the year erKled 31 Marth 2022. The financial statements have been prepared in accordance with the accourtttng poliues 52t out in note 1 to thè fin•nryal stalem¢nl8 and Comp with the charity'5 Arbdes of AssoThab"on, the Companies Act 2006 and 'Accounting and Reporting by Charities.. Statsmènt of Rècommended Practice applicable to chariti•s preparing their aceounl$ in accordance with the Finanaal Reports"ng Standard applicable In the UK and Republic of Ireland IFRS 1021. las amended for accounting periods commencing from 1 January 2018). Oblecthies and a¢tlvEtI OUR VISION "W8 want to mako our community b•tter- whoro ovoryone has a cn¢9 to ¥U¢¢o•d and nobody gets loft hind. The (arity's objeGI and prinopal acttwty continues to be lo promote the benefft to the inhabitsnts of the area around 25 Bertram Street thout distindion of sex, race. Sexual orientation, disability, political affiliation, religious or other opinions. by assoaating the local authorities, local churthes. voluntary organisats.ons and inhabitants in a comrnon effort to advance education and lo prowde fa(ilrtr"e$ in the inter¢sts of $o¢ial wdfare for recreab.on and l•isur• tim& occupation with the object of improving condits'ons of life of the Said inhabrtants with speual emphasis on young and elderfy use Thè strategies &mployd to athieve the chanty's 04'ective8 are.. lo offer cpportunib"e$ for 8 broad range of peoplè to gel invofved in aclivTlies in order to explore and expand their own social, recreational, edueabonal and vocational skills and abilities," and to provide lacilities for local people of all ages and backgrounds to come togèthér as a ¢ommunJty whic* respeds and values differences in age and culture and cares ¥boLrt Ihe wélfare of its component parts. During the year the tharity changed its name from Hrghg8te Newtovm Communty Centre Ltd to Hhgate Newtown Communty Partners so as to better relled it current mode of operation as explained below. Rad•volopm•nt of B•rtrnm Street Centre PARTNERING yTH CAMDEN COUNCIL Our goal is to create a rAa¢e where everyone feels welcome- and our partnership with Camden COU11 plays a key part in this. Tt>9elher vthh a team ol thÈ finest desbgners and Designers Guild. we're cxeating a £6.4m brand new, community facility. Ajong with an 8ffordable community café and welcoming lounge, the building provKles excihng opportunitie3 for the community and HNCP to deliver even more swvice$ for l¢xal people and those liwng in Camden and l$lington. Our vision for our op8rats.on 18 to be 8Jfe, strong and open, and everyone should be abla to contribute to thair communty. But this is just the first step. Making real impact will involve changing individual and organisakn.onal behwours- it wll tsk& fftatmty. ambib'on and expertise. Our activlties conlinue to be affected by the proposed redevel¢pment of Ihe premises we owjpied at 25 8ertrBm Street. In 2017 the London Borough of Camden CLBC,) decirJ¢d to redevelop our premises to provide additional housing in our area and an enh#nt£d Communty Centre building. As a result we have relocatéd many of activities to a number of venues in the area around Bertram Street. We have agTced in prinryple th LBC thal we will lund the fitout of tho floors of the new building we will lease. We have afready raised £320.000 of the £600,000 estimated lo be required and the charity is oJrr8nUy engaged in a major fvnd raising effort for the balancE. Constructr'on of the new buildin9 Is well under way and If fund raising is suttessful and appropriate agreements Can be reached LBC the trustees expect to OcCpY the new premises in the first half of 2023.
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITEDI TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Mode of op•rntlon Dlng 2021122 our activities were located lo a number of fac41eS in the local area. These indude St Annes Church, St Michaels Church Highgate and th8 Unitgd Rgfgrrned Churth in Highgale and St Mary's Church i Brookfield, Dartrnouth Park Some of these facilities have been secured on a Tental basis. some are free of charg8, but wtth them all the Trustees seek to operate on a partnership basis th the owner or leaseholder, all of whom are anxious to ux)ntribute to providing the af services we offer to the local communty. Our relations wrth LBC remain strong. bLrt as part of our community 1$ located in Islington we have established a rdaty"onship th the London Borough of IingtOn ILBII Our administrative office continues at St Anne's Church on Highgate West Hill but il is only staffed inlemiittendy. as Ouf Director operates on a peripatètic bo$i$ around all thé locatsons in vA)ich provide Servi5. The decentralised mode of operation we have commenced in 2019. although fiKced us, has in the event proved popular many of our dient gTOUP$, and the TThJ$tees now envisage that even after the new centre opens they wll vthere possible eontinua in the decentralised partnership modo. Athhv•m•nts and Performance for Publie Bonofft The trustees are sab'sfied wlh the perfomiance of the charity this year. Dègpitè the disruption caused by the decant we have sUeeded in signtficanlly expanding the 8wices we offer to our community this in a fomi which Is not ¢yrtically dendefit on a¢xe3S to 25 Bertram Streec Signlfi¢•nt achievomgnts and do¥0Pments through 2021122 Includo: Undw $8 chlldrM s•rvt¢•# Highgate Non Comrnunrty believes children ¥hould have great services and free 3eTwce¥ that all (w access and enjoy. OUT princApal oflering 1$ a daily dropin session for under 5s. kn now located at St Mary's Brookfi81d in Dartm¢)Jth Park, The United Reformed Church and St Michaels Chur¢h in Highgate Vllage. Thè fijll programme can be found under fives on our w8bsile at h s".Ilwww.hi h atenewtown.or .uk/ These services have been fvnded by the John Lyon'8 Charity, Peabody Trust & St Michaels Church. In cent feedback 100% of paTrts I carers said they feft welcome when they attended the alty, 94Ok of parents I carers Sald the under Ss play activities helped them to better understand how their child plays and leam6 and 84% of parents I carerB said they read and played more wth thwr children as a result of the ale8. Communlty lunch ¢b •nd old•r p•opl• created a heavily subsidised lunch dub thlch Tuns frcffjn Monday to Sabjrday throughout the year. provide a hot meal ¢ooked on the Premises and a pudding forlust £2.50 Sn a variety of locats'ons around the area, rndudir¥J St Michael's Churth and the United Refomied Churth in Highgate. and St Mary 8rooknlekl In the light of cent circumstances we have decided to reduce this tharge to £1.50 Irom OLlober 2022 . The current programme ¢an be found al OLsr website und&r communty lunch clubs. Fun¢Jing for these activities hag been obtained from Mercers Company. City Bridge Trust, Lady GOL.8 Chaiity Ageing Better Camdgn, St Mary Brookfield and United Refomi Church and Sl Michael's Churc. In recent feedback on the cDmmunity lunch dubs feedback,tOO% Said they Ind the staff and volunteers friendly I helpfvl. 95% Said they knew more people in their communty as a rèsult of coming to the lunch dubs, 96% of people attenth'ng the lunth dubs $8id that attending improvèd their mental wellbeing. 94% said coming to the lunch dub made them feel less isolated. 94% said coming to the lunch dubs helped them to eal Tnore healthy food. During the year we ran a successfvl Dementia Café in the annex of St Michael Church Highgate whh fvnding from Our Cty Bridge Trust and Camden Aging Batter. Howèvèr these grantg cam to an end durin9 2021 and in aCrdar vmh our policy we brought the dementia café lo a dose.
HIGHGATE NEwfowN COMMUNITY PARTNERS IFORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Positive Futures Positive Fubjres 15 an employmerrt project * HNCP for people are either out of work or in ltyav-paid or insecure work funded al present by a National Lottery Cornmunity Fund grant. alm to help peoFde achiove employment that grtrws wth thelr lif& and moves them away from insecur8 contracts and k)w Wa$. Our proje¢t wel¢orrns those who are oflen exduded from emplDyment. Such as people crinmnal retsxds. people from BAME communities, people liwng With disabilities or long-tèmi hearth ndib.ons and those who $poak English a$ a soo)nd We offer a mix of 1..1 support and worksh¢p$ to help people thlnk about longer-temi woth and support them to lake step8 to So¢ure 'better work,. We support particlpants in th•ir $ear¢h for training and employment opportunities, help with applicatson¥ and int•rVi$ and support them through the first f8w weeks of work or training vknere possible. We also ensure that those limng on lower pay maximise their oJrrenl income by daiming the full amount they are entitled to in state benefrts and fuel poverty grants. etc. For this pllot, we will wster ten people who are.. Unemploy8d or in job5 that are either on ZerhoUr conlrads cf I¢y&V-wages th qualtfy for inOrk benÈffts such as Universal Credit, housing benefft. etc. Keen to explore options for secullng longer-t¢rni, tt•r paid. sacure work with pro$pects for growth. We welcome referrals from local schcols and organisation5 to ensure w• reach those who will benefit the most from the piogramme. Our aim is to work in partnership with Camden CAB tris proiecl long twin. D•tails can be fnd on our Yb site httpg:Ilwww.highgal•n•wtom.ory.uklposlt1vfUIUrnS Proudly y19 togother for thg loc•1 comfflunlty have formed partnerships local schools Brookfield prim Schod and ChanrAng School and wth the objethve of improwng access lo out of school actiyities and education for all thlthen in communty via our Education Plu$ project and our summer camps. Brookfiekl Primary is the local authority school dosest to our Berttam Street te. Chwning is a School in Hlghgate, also dose lo us. chnIng was founded in 1885 88 8 sthool where the daughter5 of Unrtaria ministers could obtain a 1StaSS education., It is a Unitarian foundation wilh a mission to reach beyond the schod ges tg build a loc1 nefvth of partnerships and help to c¥eate a positiv• social and educational impact on the local community. HNCP'S vision 'to make our ccvmiunity better- wthere evgryong has a Chan to SWLeed and nobody gets left behind.. chimes well vth the Channing ethos and Brook)leld's vision 'to inspire the best in v•ryone'. By building a strong partnarship HNCP and Channing and 8ro¢Jkfidd we rAn achiavè so much more together than 8pArt and we are hcying that more of the local sthools join wth us in these partnerships. In this way we are invesb.ng in people - young and old - and investing in their future. There is more infomiation on our websites WW4V.brookfield.camden.5th.uk www.thannin . .uk. www.hl h alenev+*own.or .uk
HIGHGATE NEwfowN COMMUNITY PARTNERS IFORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES, REPORT IINCLVDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 8p•cial Ev•nl The 17th of December wa5 a special day for the Highgate community. GEM - Camden Council's main meGhaniGal and electrical wntraGlor- teamed up wlth Highgate NeIOWn Community Partners to put on a three- urse Christmas dinner for the eommunity. Table8 were neatly laid with Christmas treats and GEM goodie bags for each porson. and eath resIdt ojoyed a stsrter, followed by a main with all the lrimmlngs and finishing with a delicious dessert. Laughlerand happiness We at the lorefront of the event, with live music, onlertainment and raffle prizes for all to enjw. Gem's liason officer Natasha comm8nled: We were $0 moved by ngw Hwhgale Newtown Gommunily partner and what they 8Te dory for the eldek re$ents. 11 was a pleasure lo be part of such a fun day 8nd seeing resitlents enioNng the fesfyves88son theKfnends whilsl hawng the opportunily lo mee1newresents wifhin he 6vmmunity. Chnstmas b8 8 lonel fvn8 forsome, the Chnsftn8s dinner w8S 8 rem8rtabk huhfyghlforthe $88s0n". By working with GEM in thi8 wsy we expect make a difference to the lives of older people living abne, not just during the Christmas sea50n. bul for the rest of the year loo. Gathering residents of the Highgate ommunity together for events like the Christmas Dinner helps foster a strong sense of diversity, and we look forward lo rolling out more indusivg 8vgnt5 throughout 2022. Trlps t• ••• sld• We also run each year 5 trips to the seasidg for our under fives and older people. This allows PeIe who would never have any chance to leave London to be with people meeting new people. These trips our free so all can enjoy and no person gels left behind due to income and are funded by the John Lyon's Charity. W•bsft• and Communlcatlons Today websites and an active intemet pro$on¢e are èssentl81, and particularly so for HNCP while l is operating from so many dffterenl locations. During the year our website was redesigned with funding assistance from Camden Council 80 a8 lo better reflecl how the Charity will opgrale when the new buildlng opens. Thg trustees have due regard lo guidance issued by the Charity Commission in deciding what artivitie$ the charity sMuld undertake. Fundr•l•ln• This year we had strong support from a number of local and national organisations (mentioned above and the accounts) and also from local people giving lo the charity. During the lasl year the level of and fEquency ol donations from indbviduals and small privatè trusts continued al a high level and is a lestamenl tothe willingness of the community lo slep up lo help in a b.me of Grisis. Although we benefit from a gener¢YJS grantfrom LBC ovor half the funds we spend come from trusts, other non govemmenlal and privaté donations. 11 requires considerable effort and staff resources lo maintain this flow of funds. both in preparing appli¢ati¢J)s and reporting to donors how their money has been spent. as each granting cganisats'on has its ovm r¢qulrements an( standards all of which we have lo meet. Our additional fund Taising ¢hallenge for the ¢oming year 18 to raise suffi¢ient funds to frt the floors we will lease from LBC whil& maintain tho fiow of fund to our existing operations. As of July 2022 we have secural funds or promises of fundlng totalling just over £330,000, but there remains a considerable amount still to gD, as we estimate that the fil out cost will be around £800,000.
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 PolIci for 2022113 Our priorities for 2022123 are unchaNJèd from last year and reflect growing d8mand for our frae services as many other 5ervice5 from local councils are But. Many people on low incomes and living belchv the povety line arè facing isolation an(J social exdusion as they can no longer afford the fBe5 for paid serwces. l. Deliver high quality s•Nce$ that enable stability. 5erJJrity, improved Well-ing and the development of posib.ve rdats"onships. 2. Develop and dehver a range of free serwce5 whith wef¢orFV) all. 3. Develop our people. systems and operations lo ensure our Core nJnning costs for the tharity are the lowest in the $e¢tor , and in addityon to ensure that we have the staff capable of rijing to thè challenge of running our new building from 2023 orhwwd5 , whith more than doublè the finanoal footprint of the chanty. 4 Our intention is to conllnue to follow wr 8uc¢essfvl operating model of seeking grant funding for gpecAfic initiatives and in general apart from certain Core pro9rammes our philosokthy is that rf an activty can be frjnéed by grants and meets our objectives we wll do it. but wll not continue rf grant funding dries up. HR and •mploym•nt EMPLOYMEMT Innov'oft t)ften means trying new things Olrt on a small scale first. We want to with the unique and dlverse talent across the area induding with our o)Heagues and ritizens lo develop new 501utiDns. As an organrsation, we wanl our $taff lo share our level of ambition and our values. a$ they are key to delivering our plan. As part of our everyday work. we'll encourage our tearns to PLrt foThvard ideas and raiye ¢oncems - and that's how we'll design our services respond to thallenges and opportunitses. To help us make sure we have a dear Lmderstanding of vthat our seThlce needs to deliver, we'll involve Ihoge who Ltse our servios In our approach. Vve wanl Hpjhgate Newtown Community Partners lo be a gre place to work, where equality and dIVety are Championed. By commrtting to Ihe London Living Wage, we'll help make our community a fairer pce-, by ensuring indusivity in our organisation, we'll encourage a broa(Jer diversity, induding diversity of Ihinkn'ng,. and by supptyting Ilexible working hours for people with children, we ensure we're contributs'ng lo fairer. more welccffling work enwronmerrt for all. These commitments ensure we will Continue to rnpr•sent our community to the best of our abilty and deliver o aMtIOnS for its people. HR ViÈ want our staff team to feel vahjed and secure. We have reviewed our HR and Health and Safety wsth Peninsula Seryi¢e$. We also now offer 411 the Staff team froe counselling and advice for the vthoJ8 famity. We cannot expe(a our team to do a brillianl job supporting people if we do rKJt look after them. GREEN POUCY Throughout design and cJJnstructi¢Jn gf Ihe new HNCP developmenl, we've aimed to implement our sustainability pdicy to comply with The London Plan. This polity sets out the key steps we have taken to meet these tsrgel¥ and deliver ¥n efficient. $u¥tainable stheme that mininwses our Gafbon footprint and 1$ fil for Ihe fulurt. Looknng after tho nrmOnt is a key priority for HNCP pleaso view our new pdicy htt 8'.Ilww.hi h alenewtown.or .uklabout-usl The trustees have paid w8rd to guldance issued by the Charity Commi1¢n In dec4ding V&that adrvities the charity should undertake.
HIGHGATE NEwfowN COMMUNITY PARTNERS IFORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES, REPORT IINCLVDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Financial r•vl•w Prior lo the closure of our old building, the charity enjoyed an income frc4n letting8 lo a numberof organis*lon of Space in the Bertram Street Building. During the period of closure this core income has disappear8d, but has been parbally replaced by an enhanced grant from the London Borough of Camden. When the Centre r&opens this mode of funding could continue w((h building running costs and rent paid to LBC funded by lettng income. However allemative modes of operation are possible and discussions on Ihis and related issues have comrnenced. In the meantime the Trusle¢s will Gonlinue with their strategy of Sering funding from a range of Iome streams to minimise risk to the organisation. HNCC will continue lo )Id reseNes suffiGient to keep operating as at present for a minimum cl Six months and finance an orderly closure of some or all of our programmes if n8c8ssary. The trustees have examined the major strategic, business and operab'onal risk$ whith the ¢harty faces and confirm that system$ have begnestablished lo enable regular reports to be produced so that the neco$$ary $1gps can bo taken lo b$son the$9 rBks. Our largest risk looking fomard to to 2023124 is a shortfall in come from lettbng in the new Cenlre, ard we are in active discussion with LBC as to the ways in which this risk can be mitigated 80 as to give the Tru&ees th8 confidence lo commit the chanty to the lease of the new building. Cod• of Conduct and Fln•n¢lal and Olh•r Polici•s including Data Prol•ction During the year the Trustees reviewed the Charities Code of Conduct and financial and other policBs lo ensure that they are ¢omplianl with current legal requirements and best practice. Structur•¥ g•v•rnanc• and manag•m•nt The charty 1$ a ¢ompany limited by guarantee and has just under 100 members. trustees, who are also the directors for the purpose of company law, and who served during theyear and up lo the date of signature of the financial statemenlswere-. RobertAitken (Chairl John Carrr Stephen Hodge Oliver Lewis Reverend Andrew Meldrum James Robln Bavbara Smith Father Damien Mason Reverend David Currie Robert Schon Philip Whale OILrtomi Ayodeji IRe3igned 9 Jung 2022} (Resigned 9 June 2022) (Resigned 9 June 2022} None of the trustees has any benefla1 interest in the company. Al of the trustee8 are members d th& company and guarantee to contribute £1 in the event of a wlnding up. Audltor The auditors. Glazers, were reappointed 8$ audittir to the comp8ny at the 2021 AGM and a proposal hat they be reappointed wlll be put to a General Meets'ng. The Iru8te6s' report was approved by the Board ofTteeS.
HIGHGATE NEwfowN COMMUNITY PARTNERS IFORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPO.RT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 ob•rtAllk•n Ich TnMto• 0th: 23W 2022 4t•ph•n Hodg• TrbJ91ee O•ted.23Aukw¥l 2022
HIGHGATE NEWTOWN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEoN COMMUNITY CENTRE LIMITED) STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2022 The Irusl8es. who are also the directors of Highgate Nthvtthvn Community Partnars for the purpose of company law, are resp$bIe for preparing the Tru$lees' Report and the financial sLMentS in accordance with applicable law and United Kingdom AUting Standards (United lthngdom Genera¥y Aetspted Aco)unting Pradtc*l. Company Law require$ the trustees lo prepare financial statements for each fin8nryal yearwhich give a Iwe and fair view of the stste of affairs of the charity and of thè incoming resources and applicats'on of resources, Induding the income and expenditure. of the tharilatAe company for that year. In preparing these financTral statements. the trustees are required lo.. - select suitable accounting polictes and then apply them cijnsistenuy,. - observe the r0d5 ond prinryples in the Charities SORP,. - make judgements and eslimale$ that are reasonable and prudent," and - prepare the financAal statemenls on the going concem basis unless it is inappropriate to prgsume that the Chlty will conb.nue in operation. The trustee8 are re$pM$ible for keeping adequate cOUntIng re¢ord$ tho1 dixlose reasonable accJJracy at any time the financial position of the charity and enable them to ensure ihat the finanryal statements comply with the Companies Act 2006. They are also respOrIble for safeguarding the assets of the charity and hence for taking reasonable steps for Ihe pVents.0n and detection of fraud and other Irregul•r.eS.
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF HIGHGATE NEWTOWN COMMUNITY PARTNERS Oplnlon We have audited the fjnancial ststements of Highgate Newtwn Cornmunity Pariners {the 'charity'l for the year ended 31 Marth 2022 cornprise the statement of finanryal activities, the balance Sheet, thè statement of cash flows and the notes to the financAal statements, induding a summary of signthcant accounling polic4es. The finanrial reporting framework that has been apled in their pTeparalion is applicable 13w and Unitod kn"ngdom Aounting Stsndards, induding Financial Reporting Standard 102 Th9 Financial Reporting Standard applicable in the UK and Republic of Ireland Iunrted Kingdom Generally Accepted Accounting Praccel. In our opinion, the financyaf statement$'. give a true and fair view of the State of the tharitable cow4)anVs affairs as at 31 K48rth 2022 and of its irKoming resource$ and applicab.on of resc4Jrces, for the year then onded". have been properfy wepared in accordance Ythh United Kingdom Generally Accepted Accounting Prac1.. and have been prepared in accordance the requirements of the CompleS Act 2006. BASIS for oplnlon We conducted our audit in accordonce wth Intemational Stsndards on ALlting (UK) IISAS (UK)) and applicable law. Our responsibile3 under th08e slandards are fLwther described in the Auditoes TrspOn&bilitS foi the audil or the finartcial stat8m6nts section of our report. We are ind8pend$nl of the charity in accoTdanc• th the ethical requirements that are rdevant to OUT audit ol the finantsal stalemenls In th& UK, induding the FRC'S Ethical Standard. and we have fijlfilled our other ethical responsibilities in accordance th th•sa requirement& We believ that the audit evidence we have obtained is Sufficienl and appropriate lo provide a basis for our ¢¥inion. Conclusions relatlng to golng conum In audrting the financial statements, WÈ have conduded th8t the trustees, u$e of the going concem baBiS of acc4¥Jnling In the preparation of the finClaI statements is appropriate. 8a$ed on the work we have perfomied. we have not identified any material uncertainties relating to events or conditsons thaL indimdually or coll8etivèty, may cast Slgnificant doubt on the charrty's ability to continue as a going ¢on¢•rn for a riod of at lea8t Iwelve wnonth5 from vthen Ihe financial statements ar• aLthorised for issue. Our respS1{lItt88 and the responsibilioes of the trustee6 Y1h respe¢l to going (x)ncem described in the relevant Sections of this report. Other Infomi•tio The other infonnation wnprises the infomation inc4urJed in the annual report other than the finanryal statements and our auditorfs report thereon. The trustees are responsible for the other information o)ntaffted within the annual report. Our opinion on the finanaal statements does not cover the other information and we do not exprv38 any fom7 of assurance condusion Ihereon. Our respon$its'lity 1$ lo read Ihe other information and. in doing so, Cwsider whether the other infomiation is materially inconsistent wlh the finanual statements or our knowledge obtained in the course of the audit, or otheise appears to be materially mi8Staled. If we identify Such matsrial inconsistew•8 or apparent maleril misstatement& we are required to detern)ine whether this gives rise to a material misststemenl in the Tranal ststements themselves. If, based on the work we have perfomied. we condude that the is a material rnisstatement of Ihis other infonnation, we are required to report that fact. havo nothiThJ to report In this reg¥d. Matters on which Y are required to report ty •xc8ption We have nothing to report in respect of the followng Tnattef5 in Telalion to vthich the Charib'e5 (Accounts and Reports) Regulatlons 2008 require us to report to you rt, in our oixnlon.- tha infom)ation given in the fin¥nci81 statements is in¢onsi$l•rt in any matenal resped with the tnJstee$' report,. or sufficient accounting re¢ord$ have not been kept.. thè finan¢ial statèmènts are not in agreement vrith the a(*ounting racords", or we have not received all the information and explanats.ons we requi for our audit.
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS Responsibilities of trust• As explained more fully in Ihe stat¥ment of trustees. responsi.1"e9, the trustees, who are a$0 the dirèctors of the chanty for the purpose of o)mpany law, are responsible for the preparation of the financ4al statements and for being satisfied that they give a truè and fair view, and for such intema control a5 the tnJslee5 detennine 18 nocessary to enable the preparation of finanal statements that are free from malerial mi$slalement, whether du8 to fraud or ¢rTor. In preparing the finanry¥l ststements. the trustees are responsible for assessing the tharity'$ ability to conwnua as a 90ing ccfflcem, disdosing. a¥ apiCable. matters relalpd to going con¢em and using the going concem basis of aOunting unles5 the Iruglee$ either intend lo liquidate the thaTitable company or tc cease operatims, or have no realislic altemats've to (ks SO. Auditorfs rnsponsibllltl•s lorlh• audlt of thg financial statsmonts We have been appointed as auditor under section 144 of the Charities Act 2011 and repcrt in aCcOrdar the kt and relevant gLatiOnS made or having effect thereunder. Our c&leiveS are to obtain reasonabl8 as$uran¢e ab¢xrt whether the finanryal stslements as a vthole ar• free from mrial misstat8ment, wthether due lo fraud or error, and to issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assuranee but 18 not a guarantee thal an audit cMduc*ed in accordance th ISAS (UK) will ay$ détèd a material misstatement when it exists. Misstaternents can arise from fraud or error and are ¢onsidered material if, individually or in the a9gregale, they could reasonably be expected to influen the ewnomic decAonS of users taken on the ba8is of these finanaal statements. The extent to which our proc8dures are capable ol detecting irregularities, induding fraud, ig detailed below. 10-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS In identy'ThJ and a$$8$sng risks of material misstatemont in respect of irregularities. inthding fraud and non- ¢ompliance with law¥ and regulakn"ons, we considered Ihe follov•ing.' 11 Enquiaes of management conceming the charTty's policies and prccedures relab.ng to.. identfying. evaluating aThg complying with laws and regulations and whether they were aware of gny iTrstane£s of noTrcompliance detecting and responding l& the risks of fraud and whether they have knowledge of any actual, suspected ( alleged fraud.. and Ihe internal controls established to miti'gate risks related to fraud or non<ompliance with laws and regulations,. 21 Discussions among the engagement team regarding how and whan fraud might occur in the finanry81 statements and any potential indicators of fraud. In common with all aLtdrt5 under ISAS IUKI. we are also required tg perform spwfi¢ PTocedur•s to reSd to the ri$k of management override. ¥Ne also obtained an understsnding of the legal and regulatory framework that the charity operntes in. fcoJsing on rovisions of those laws and regulab'ons that had a diract effect on the detemination of materlal amounts and disdosures In the finanual ststemenls. The key laws and regulabonB we Con¥ered in thrs context induded the UK Companies Act and Charities Act along with ihe Chaiilie5 SORP. In addition, we considsjrnd provrsions of other laws and regulalions that do not have a dirert Èffaci on the financial slmènts but ComplnCe with wffiich may be fijndamentsl to the charity's ability to operate or avoid a material penalty. As a resutt of perfomiing th8 above, we did not identify any key audit matters r$lated to the pot8nlial risk of fraud QT n0nwcompl1an with laws and regulations. In addition to the at¥)ve, our procedures to respond to risks identified induded the followng.. Reviewing the finanrial statement disdosures and testing to SuppO.n documentalion to asses8 MplianCe yth provision5 of relevant laws and regulations described as having a dire¢t effect on Ihe finonaal statement$: Enquiring of management conceming actual and potentlal litigats.on and daims., Pertorming analytical prwdures to bdentify any unusual or unexpected relatM)n5hip5 that may indicale risks of material mlsststement due to fraud; Reading minu18s of m••ling$ ¢f those tharged with govemance and rnwewng txJrTeskx¥nden¢e wtih relevant tax 8ulhoriiiès', and In addressing the risk of fraud through management override of tsMlrcA8. testing the aFprOpriat•nS of jownal entn.es and other adjustments.. a$sessing whether the judgements made in making a¢counttng eslimale$ are indicive of a potential bSa$'. and evaluating the business rationale of any significant transactions that are unusual or outside the nomial course of business. also communicèted relevant Jdentifi8d laws and r¥gulations and pol8nlial fraud risks to all engagement tèam members, and remalned aert to any indications of fraud or non-compliance with laws and regulaticfss throughout the gudit We note that our audit is not primarity designed to doted norKomplianc8 vAth laws and regulalions and the Trustees and other management are responsible for such intemal cDntroi as the Trustees and clher management ol the charity determine is necessary to enable the pr?paralioft of finanoal $tstements that are free from material mi59tstement, whether due to eThors or fraud. induding mlance w7th law¥ and Tegulatsons. Additionally, owing to Ihe itherent limitations of an audrt, there is an unavoidat4e risk that we may not have detected some material misststemerrt8 in the financ4al $t8tements, even though we have properfy planned and perfomied our audit in accordance wth auditing standards. We are not responsible for preventing nc-coMpllanCé and cannot be expeded to dete¢a rn-COmpliance with 811 laws and regul4b"on$.
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS A furiher description of our responsibilities is available on the Financial ReportirKJ Cou11,8 website at.. https.'li Av.frC.org.ukja1I1orSre8ponSlbllltIe$. Thi$ description forms part of our auditoff$ r¢port U•• of our r•port This report is made solely to the charity's trustees, as a body. in accordance with part 4 of Ihecharities IAccounl8 and Reports} Regulations 2008. Our audit work has been undertaken so that wg Mh1 state to the ehaitys trustees Ih03e matters we are required lo slate to Ihem in an auditors, report and for no other purpo¥e. To he fullest extent rmittéd by law, we do not accept or assume rosponsibility to anyone other than the Gharity arKI the charW8 trustees as a body, for our audit work, for this report. or for the opinions we have foimed. Glazers 24Augu¥t 2022 Chart•r•d Accountants Slatytory Audltor 843 Finchley Road London NW118NA Glazers is eligible for appointment as auditor of the chaiity by virtue of it8 eligibility for app)intment as auditor of a company under section 1212 of the CompaniesAct 2006. 12-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEWTOWN COMMUNITh CENTRE LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2022 Unr¥strlctsd D•slgnatsd R•strict nd• funds funds Totsl 2022 Total 2021 Ilotes Incomg from: Grants, donations and I8gaaes Other trading aclivitias Investments 174,661 231,928 3.986 4c,589 3,986 4S 446,648 45 103 Totsl Income 174,706 235,914 410.620 448,751 Ex RaiBing funds 7.010 6.279 13.547 26,836 23.283 Chwitst4e actimties 84,562 48.216 282,461 415,239 401.926 Other 11,9781 {1.9781 Total resources expendod 91,572 54.495 294.030 440,097 425.209 Net Incomlnglloutgoingl resourc#s bofore translern 83.134 154.4951 (58,11fj) 129,4771 21.542 Gross transfers b¢een lunds (43.346 43.346 Net in¢¢)mtl{expenditurn) for the yurl Mot mov•mant In 39.788 154,4951 (14.7701 129,477) 21,542 Fund balances at 1 April 2021 10S,gS1 2C4J,000 61,871 367,822 346,280 Fund balance t 31 March 2022 145.739 145,505 47,101 338.345 367,822 The stslemnt of finan041 aclivitseg indudeB all gains and losseB recognised in the year. l in¢ryne and expendilwo derivts from cOn"nU1g activities. The statement of financial actmues also complles with the requlrements fcf an Inr•Jne and expendiluTe acrJ)unt under the Companies Ad 20(. 13-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Cash flows from oprating activiti95 Cash labsorboij byygenerated from operab"Ms {19.116) 31,962 Investing aetivitl•s Proceeds on disposal of tangible fixed assets Invesbnwtt incomè received 15.(KJO 45 103 Not C4•h gen?rntsd from Inv•8tlng activitie5 15,045 103 Plot used In flnanclng acllvltl•s Net Idecrg•$oVlncrease in cash and ¢•sh oquiv4hnts (4,0711 32,C65 Cash and ta8h equivaFents * beginniThJ of year 352.713 320,648 Cash and cash oqulvalonts at •nd of y•ar 348.642 352.713 14-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEWTOWN COMMUNITY CENTRE LIMITED) BALANCE SHEET ASAT31 MARCH2022 2022 2021 Nots Flxed $•ts Tangible assets 12 13,022 Curr•nt ••$•t• Debtor5 Cash at bank and in hand 13 6,914 348.642 17,694 352,713 355,556 370.407 Cr•ditor: arnounts falling du• wlthln on• year 14 {17.211) (15,6071 Net current assets 338,345 354,800 Total as l•ss curr•nt Ilabiliti•s 338.345 367.822 Incom• fund Reslrided fund8 Designated funds 15 47,101 145.505 61.871 200.000 General unrestricted fvnds 145.739 105,951 338.345 367,822 The company i¥ enliued to th8 exemption from Iho audit requirement conlained in section 477 of tre Companies Act 2006. for the year ended 31 March 2022, although an audit has b8¢n carried out under section 144 ofthe Charities Act2011. The directors acknowledge their responsibllities for complying wth Ihe requirem1$ of the Comparies Act 2006 wrth respect to accounting records and the preparation of fifianci81 statements. Th& memb8rs have not required the company to obtain an audit of its financial statements und8r Iher•quiremenls of the Companies Act 2006, for the year in question in accordance with se¢li¢)n 476. Thèse Ilnanual stslements have been prepared In accordance wlh the provisions applicable to compnies subject to the small companies giMe. The financial statements were approved by the Trustees on 23 August 2022 gJDert {Chairl Tnjstse Stephen Hod98 Company rngistrptlon numb•r 018S9173 15-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Ac¢ountlng pollclg$ Charlty information "ghgate Nevrtown Communty Partners is a private company limited by guafant8• incorporatsd in England and Wale3. The registered office is 12 Hgate Clost. London. N6 4SD. 1.1 AGcounting conY•ntion The financ4al statements have been prepared in accordan with the chantys Arbdes of As8ooatTon, the Companies Act 2006 and "ACunting and Reporb"ng by Chants'es.. Statement of Recommended Pradice applicable to ¢haritit$ pmpoling their accthJnts in accordance with th& Financial Reporting Standard applicable in the UK and Republic of IrEland IFRS 1021. la5 amended for s)UntIng periods commencing from 1 January 20161. Th¢ tharity is a Put4ic Benefit Entity as defined ty FRS 102. The charbty has taken advantage of the provion$ in the SORP for chafbties apF4ying FRS 102 Upde Bulletin I not lo wepare a Stst4ment of Cash Fbws. The finanaal statements are prepared in steding, whith is the nlOnal currency of the charrty. Monetsry amounts in these finla1 Staternents are rounded lo the neare$l £. Thg financ4al statements have been prepared under the historical cost COnnb.0n, Imodified to indude th revaluation of freehold properties and to indude investment prtsperts and certain finanaal instrumertts at fair valuel. The pnncipal 8¢counting policies •Jopted are set ¢Jut bel. 1.2 Going con¢oTn At th¢ tirne of approwng the financial stslements, the trustees have a reasonable exp¢ctatr'on thot the charity ha$ adequate r•sour¢es to continue in operational oxistence for the foresee4e fvture. Thu$ the trustees continue lo adopt the going concem basis of accounting in preparing the finanual ststm•nts. 1.3 Charitabl¢ fvrbds Unrestricted funds we available for use al the di8crets.on of the tnbstees in )lJrtherance of thr charitoble obie¢bve3. Part of Ihe$p fvnds have been desgnated by the Board to be Spent on the fitout of the new bullding at Bertram Street, now under c¥Jnstruction. Restricted funds are subiect to spei?ffc conditi$ by donors as lo how they may be used. The Plwposas and uses of the restricted funds are 8et out in the notes to the finanual statements. Endowment fijnds are subject to 5pec4fic ¢ondition$ by that the capital must be maintain8d by th• chty. IA Income Inme is recogni5ed Nthen th8 tharity is legalty entitled to r( after any performance conditlons have been met. the amounts can be rlsUred roliabty. and st18 wobabla that inc4Jme will be received. Cash donation8 are recognised on rtteipt. Other donalions ar8 r8cognised once the tharity has b••n notTfied of the donation, urdess perfom7ane condllions requke deferral of the amount. Income tax Tecoverable in relation lo donation$ received under Gift Aid or deads of covenant 18 recognised at Ihe time of the donation. Legaues are recognised on receipl or otheA¥ise if the charity has been nolified of an impenthng dislribution, the amunt is known, and recwpt 18 exFeCted. If the amount is not known. the legaty is I#ted as conb'ngent asset. 16-
HIGHGATE NEWTOWN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollcies Icontlnued) 1.5 ExpBf7dl(ure Expenditure is r8iwnised oncA thare ig a gaI constructive obkn'gati¢ to transfer economic benefft to third party. it is probable that a transfer of e¢0M1C benefits will be required in settment. and th8 amount of the obligation can be MeaSud reliably. Expenithture is dassified by a¢tivlty. The $15 of each activity a made up of the total of direct costs and shared costs, Including support costs invced in undertaking each activity. Direct ojsts altributsble to a singlè 'Mty are allo¢ated direcljy to tral activty. Shared costs which coniritKbte to more than one activty and support costs whth are not attributabla to a singlè aciiwty are apportioned tsets? those activrtie$ on a basis consistent th the use of resources. Certhl slafl c05t5 are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. Dirèct charilable eXPendre coryri8es expenses irKurred direcily in pursuance of tha ¢haiiVs principal a¢tiMty. l expenditure is accounted for on an amal$ b8¥i$ an(1 has been dassified under heathngs that aggregate all L¥sts relating to that ¢ateg¢ry. 1.6 Tang5bl Ilxgd aets Tangiblg fixed assets are initially measured at cost and subsequenlly mea3ured at coBt or vahjation, net of epreciation and any impainnent1088a8. Dep8ton is recognised so as to write off the cost or vabjation of as8ets less thèir residual values over their usefvl livos on the folb)wing bases.. Computers Motcf vehides 25% on ¢ost 25% on cost The gain or loss arising on the disposal of an asset is determined a$ the difference beknn the Sale woceeds and tha can9 vahje ol Ihe asset, and is recognised in the statement of financial aiAivitse$. 1.7 Impairni•nt of flx•d 0s80ts At eath reporttng end date, the tharity rewews th• c¥rying amwnts of Its tangible assets lo determine vthether there is any indication Ihat those assets have suffered an impaimenl loss. If any Indication exists, the recoverable amou of the a35et is ests'mated In ordw to detBmiine the extsnt of the impaimierrt loss Irf any). 1.8 C4h and cash wutvalont• Cash and cash equivalents indLKle cash in haThJ. deposit$ held at call th banks, other short-tenn liquid investments wilh origina ma"e$ of three months or less. and ba overdrafts. Bank overdrafts aro Show vthin borrov*ings in rJJrrent liabilibes. 1.9 Financial instrurnfjnts The tharity has d8¢ted lo apF4y the provisions of Seden 11 '8asic Flnanda] Instrumerrts. and Sedon 12 'Cther Finanaal InstnJm$nts Issues, of FRS 102 to all of its finanaal inslnNnents. Finandal insbijments are recc4Jni3ed in the chaiiV¥ balanc£ sheet 4then the chaiity beccrfne8 Party to the LX)ntraLtual Ffovi8ioll8 of the instrument. Finanoal assets and liabile5 are offset, with the net amounts presented in the finanrial 8tat#ments. when there is a legalty enf(able right to set off the recogni8ed amounts and there 18 an irtsntson lo setlle on a net basis or to reali$e the asset and setue the liabilty s$muttar0usIy. 17-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2022 Aecountlng policies Icontlnued) Ba81¢ ffnancial ass•ts Basic fjnanaal assets, which include debtors and cash and bank balan5. are inrtially measured at transaction price induding transaction (xjsts and are subsèquèntly caNièd at amorts's8d cost using th8 effective interest method unless the arrangement consututes a financing transath"on. where the transaction is meagured at the present value of the future receipts di8count•d al a market rate of interest. Finan¢ial assets dassified as receivablo within one year are not amortised. 8asie finan¢l•l Ilabilitses Basic finanual liabilities, including craditor8 and bank loan8 are InsIty recognised at transadiw price unlè$$ the arrangement constilutes a finanang transacaion, the debt instnjmenl is measured at the present value of tha fLrture payments discounted at a martel rate of intorest. Financial li&bilith"e8 da88ifi•d 88 payable within one year arg not amorb"$ed. Debt instruments are subsequéndy carried at amortised cost. using the effectNe interest rate method. Tradè treditors a obligations to pay for goods or services that have been ao]uired in the ordinary course of operations from suppliers. Amounts paYae are dassified as current liabilities if payment is due within one yoar or 5s. If not, they are presented as nowjrrent h'abiliti"es. Trade Iyeditors are re¢e43nised initially at transac*'on price and subsequently measuied at amortised cost n9 the effective interest method. Derecognition of Ilnan¢lal Ilabllltles Finanaal liabilities aré derecogni5ed when the charity's contractual obli9ation$ expire or are discharged or canlled. 1.10 Employe• bafft8 The cost ol any unused hc4iday ents'llemènt is re¢ognlsed In the period in whlth thè employee's $eMces are received. Terrrrinatl benefft8 are recognised immediat8ty as an expense when the th3rity is demonstrthy committed to lemiinate the employmenl of an employee or to provide lemiination benefrts. Crltlcal ac¢ountlng estim•t•s and ludgom•nts In the appfi¢ation of the d)arity's accounting pofiaes, the Irus19 are required to moke judgements. estimates and assumpts'ons aboLrt the carying amount of assets and liabilibes that are not dIlY apparent from other styjrces. The e8timates and assooated assumptions are based on historical experience and other factor5 thal are nSIdered to be relevant. Actual results may drfer from the8e estimates. The eJtimales and underlying 455umptions are reviowed on On9n9 basis. Revision5 to accounting ests'mates a recognised in Ihe penod in which the e8llm8te Is revfjsed where Ihe revision affect3 only that period, or in the perlod of the revision and future perlods there the re¥Adon affecis both current and fiJtLre periods. 18-
HIGHGATE NEvwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEWTOWN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2022 Donations aTrd legacies UnTrstricted Restrict•d funds nds Total 2022 Total 2L121 Donats"ons and gifts Genera5 grants 44.161 130.500 16,035 215,893 60,196 113.065 346,393 333,583 174,661 231,928 406,589 446,648 For tho yoar end 31 M•rch 2021 201.516 245.132 446.648 Invostments Unrgstrlct•d Unrestii¢td funds fvnds 2022 2021 Irtsrest recEivable 45 103 othortradlng xtivitl 2022 2021 Cafe income 3,986 R•lslng fund Total 2022 Totsl 2021 fvnds funds nd* F draisin Advwlislng and ublic 7,010 6.279 13,547 26,836 23,263 7,010 8.279 13.547 26,036 23,283 For tho y••r •nd•d 31 March 2021 Fundraislng and publlclty 8,509 14,774 23,283 19-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Chaiitable actiyilifrs Charitsble Charftsble EXpondIr• Expenditurè 2022 2021 staff costs Deprecaation and impaimient Food and other pro810n5 Insuiance Rates and ulilitieg TephOne Printing, postage and stationery Sundry expenses Venue hire Travel and subsisten¢• Repairs and maintenan Equipment maintenance 8ookkeeping Legal and professional fèe$ Tutors ACtiVeS and *v•nt $ts Bank charges Woodwork prc4ect, build and fees 188,555 210,646 6.$11 60,849 4,715 4.850 3.971 20,993 4,111 2.088 1,170 2.782 1,550 4.617 38,078 16,250 7,543 102.667 8,786 11,821 150 2.391 3,662 6,464 6,984 10.788 54.350 12,683 5.003 114 3.721 411.159 398.326 Share of governance costs (see note 8) 4.080 3,600 415,239 401,926 Analysls by fund Unre$tri¢Xed fvnds Designated fiJnd$ Re8lricted funds 84.562 48,216 282,461 86,507 315.419 415,239 401,¥26 20-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEWTOWN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Support costs Support Gov•rnag)ce ¢t* costs 2022Suppyl costs Govemance Costs 2021 Audit fees 4.080 4,080 3,60D 3.600 4,080 4,080 3.6ry) 3.600 Analysed between Charitabie acbvth"?s 4,080 4,080 3.600 3,61JO Trustee8 None of the Iruslees IOT any persons conneGtsd th Ihem) received any remuneration or beneffits from the charity during tho year. 10 Employm¥ The average monthly number of employees during the yearwas: 20Z2 Numb•r 2021 Numbpr Employmont ¢08ts 2022 2021 ges and salaries Sooal security costs Other pension costs 168,308 11.210 9.037 190.661 12,039 7,946 188,555 210.646 Th¥re were no employees OSe annual remuneration w85 more thon £60.000. 11 othor Total fvnds 2022 2021 Net loss on disposal of tanglt fixed assets (1.9781 (1.9781 21
HIGHGATE NEWTOWN COMMUNITY PARTNERS IFORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 11 Olh•r (Continuod) 12 Tangiblg fixFd as$9ts Totsl At l April 2021 Disposa15 1,874 26,044 128,0441 27.918 (26,044) At 31 March 2022 1,874 I,B74 Dgpr•¢latlon •nd Imp•lrniant At 1 April 2021 Eliminated in re8pert of dlsposals 1,874 13,022 113,0221 14,896 (13,0221 At 31 March 2022 1.874 1,874 Carrying ¥mount At 37 March 2021 13,022 13,022 13 D•btor 2022 2021 Amounts frdlllng du• within year: Trada dabtNs Prepayments and arLrued income 4,416 2,498 15.756 1,938 6,914 17,694 14 CredltoY%: amounts fawing du• within one year 2022 2021 Olher tsxation and sodal securlty Trade creditors Other (xedrtdrs Accnls and deferred income 3,892 7.908 207 3,600 13.266 105 3.840 17.211 15,607 -22-
HIGHGATE NEwfowN COMMUNITY PARTNERS
(FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED)
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2022
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HIGHGATE NEWTOWN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR fHE YEAR ENDED 31 MARCH 2022 16 D•slgnatsd fund Thè income fvn%Js of the tharity indude the folowng designated fur5 vknich have been 9et osjde out of unrestricted fijnds by the true$ f¢)r specifi¢ purposes.. Trnnsfor• Balan It 1 April 2021 Resou9¥ Balance at •yndod 31 Ala¥ch 2022 Rebuilding fvnd 200.000 200,000 154,4951 145,505 200.000 200,000 154.4951 145.505 The tnJstees have &stsbllshed 8 desognated fiJnd towards the 81 of tha rebulding of the Commurity Centre as desuibed In the Trustees. Report. -24-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Td fvnd 2022 d• •JndA 2Q21 fvnd$ 22 2022 Fund b*Anc4Bth31 IAarth 21 rEwEzehlEd br. lJ.D22 13,022 48.019 364.ec¥) 146.ng 14S.505 47.101 336.346 IC6,951 2ry>.O 145.739 145. 47.101 338.34$ 1C6.9S1 01,871 367.B22 -25-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEWTOWN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 18 R*ted party transacllons There were no di8dosable related paty transadion$ duting the year (2021- rnnel. -26-
HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEWTOWN COMMUNITY CENTRE LIMITED) ACKNOWLEDGEMENTS FOR THE YEAR ENDED 31 hlARCH 2022 Highgate Newt(ts Communty Partrers WOU fike to ackn{Mdge wth gratsful thanks the support andlor fvnding that has been provided in Ihe last finanaal year and is bn9 provided currently from the follon9 Or9anisations, Companies, Funds, and Trusts Aging Better C8mden All Churches TrLt Brookfield Sthool Dartmouth P Camden CitizensAthice BLKeau Channing scho Highg*è City Bridge Tru¥l Designers Guild GEM Environmerrt81 Building Se5 John Lyon's Chaiity Lady Gould's Charity London Borough of Camden London Borough of Islington Mofrisons Foundation National lottery Awards forAN National Lott8ry Communty Fund Peabody Comrrojnity Fund StAnnes Church Highgate St Mary's Church Dartm(th Park St Mitha•ls Chureh. Hi9h9atè Th8 Merc8rs Company United Reform Churth, Highgate and more than 700 indiMdu81 donation8, loo many to name sp8cificalty. -27-
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