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$l HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMrrED) LEGAL AND ADMINISTRATIVE INFORMATION Trnsts•8 Robert￿tken (Chairl John Carrier Stephen Hodge Rev•rènd Andrew Meldrum Barbara Smith Father Damien Mason Robert Schon Philip ￿ale Olutomi Ayodeji S•crotary Stephen Hodge Charfty number 290712 Company numb•r 01859173 Roglstsrpd offi¢9 12 Highgate Close London N6 4SD Auditor Glazers 843 Finthley Road London NW11 8NA HIGHGATE NEWTOWN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) CONTENTS P•go Tw8te￿, repLYt statement of trustees. r8sp¢)n$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 c￿n¢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 $o¢ial wdfare for recreab.on and l•isur• tim& occupation with the object of improving condits'ons of life of the Said inhabrtants with speual emphasis on young and elderfy use Thè strategies &mploy*d to athieve the chanty's 04'ective8 are.. lo offer cpportunib"e$ 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 H￿hgate 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 y￿TH CAMDEN COUNCIL Our goal is to create a rAa¢e where everyone feels welcome- and our partnership with Camden COU￿11 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$lington. Our vision for our op8rats.on 18 to be 8Jfe, strong and open, and everyone should be abla to contribute to thair communty. But this is just the first step. Making real impact will involve changing individual and organisakn.onal behwours- it wll tsk& fftatmty. ambib'on and expertise. Our activlties conlinue to be affected by the proposed redevel¢pment of Ihe premises we owjpied at 25 8ertrBm Street. In 2017 the London Borough of Camden CLBC,) decirJ¢d to redevelop our premises to provide additional housing in our area and an enh#nt£d Communty Centre building. As a result we have relocatéd many of activities to a number of venues in the area around Bertram Street. We have agTced in prinryple th LBC thal we will lund the fitout of tho floors of the new building we will lease. We have afready raised £320.000 of the £600,000 estimated lo be required and the charity is oJrr8nUy engaged in a major fvnd raising effort for the balancE. Constructr'on of the new buildin9 Is well under way and If fund raising is suttessful and appropriate agreements Can be reached LBC the trustees expect to OcC￿pY the new premises in the first half of 2023. HIGHGATE NEwfowN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITEDI TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Mode of op•rntlon Dl￿ng 2021122 our activities were located lo a number of fac41￿eS in the local area. These indude St Annes Church, St Michaels Church Highgate and th8 Unitgd Rgfgrrned Churth in Highgale and St Mary's Church i Brookfield, Dartrnouth Park Some of these facilities have been secured on a Tental basis. some are free of charg8, but wtth them all the Trustees seek to operate on a partnership basis th the owner or leaseholder, all of whom are anxious to ux)ntribute to providing the af services we offer to the local communty. Our relations wrth LBC remain strong. bLrt as part of our community 1$ located in Islington we have established a rdaty"onship ￿￿th the London Borough of I￿ingtOn 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 Servi￿5. 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 sU￿eeded in signtficanlly expanding the 8wices we offer to our community this in a fomi which Is not ¢yrtically de￿ndefit on a¢xe3S to 25 Bertram Streec Signlfi¢•nt achievomgnts and do¥￿0Pments through 2021122 Includo: Undw $8 chlldrM s•rvt¢•# Highgate N￿o￿n Comrnunrty believes children ¥hould have great services and free 3eTwce¥ that all (w access and enjoy. OUT princApal oflering 1$ 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 pa￿Trts I carers said they feft welcome when they attended the al*￿ty, 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 a￿l￿￿e8. 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 c￿￿ent 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 I￿nd 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 $8id that attending improvèd their mental wellbeing. 94% said coming to the lunch dub made them feel less isolated. 94% said coming to the lunch dubs helped them to eal Tnore healthy food. During the year we ran a successfvl Dementia Café in the annex of St Michael Church Highgate whh fvnding from Our Cty Bridge Trust and Camden Aging Batter. Howèvèr these grantg cam to an end durin9 2021 and in aC￿rdar￿ vmh our policy we brought the dementia café lo a dose. HIGHGATE NEwfowN COMMUNITY PARTNERS IFORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 Positive Futures Positive Fubjres 15 an employmerrt project * HNCP for people are either out of work or in ltyav-paid or insecure work funded al present by a National Lottery Cornmunity Fund grant. alm to help peoFde achiove employment that grtrws wth thelr lif& and moves them away from insecur8 contracts and k)w Wa￿$. 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 Zer￿hoUr conlrads cf I¢y&V-wages th* qualtfy for in￿Ork benÈffts such as Universal Credit, housing benefft. etc. Keen to explore options for secullng longer-t¢rni, ￿tt•r paid. sacure work with pro$pects for growth. We welcome referrals from local schcols and organisation5 to ensure w• reach those who will benefit the most from the piogramme. Our aim is to work in partnership with Camden CAB tris proiecl long twin. D•tails can be f￿nd on our Y￿b site httpg:Ilwww.highgal•n•wto*m.ory.uklposlt1v￿fUIUrnS Proudly y￿￿1￿9 togother for thg loc•1 comfflunlty have formed partnerships local schools Brookfield prim￿ Schod and ChanrAng School and wth the objethve of improwng access lo out of school actiyities and education for all thlthen in communty via our Education Plu$ 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. ch￿nIng was founded in 1885 88 8 sthool where the daughter5 of Unrtaria ministers could obtain a ￿1St￿aSS education., It is a Unitarian foundation wilh a mission to reach beyond the schod g*es tg build a loc*1 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 v*th 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 NeI￿OWn 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 resId￿t 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 mee1newres￿ents wifhin he 6vmmunity. Chnstmas b8 8 lonel fvn8 forsome, the Chnsftn8s dinner w8S 8 rem8rtabk huhfyghlforthe $88s0n". By working with GEM in thi8 wsy we expect make a difference to the lives of older people living abne, not just during the Christmas sea50n. bul for the rest of the year loo. Gathering residents of the Highgate ommunity together for events like the Christmas Dinner helps foster a strong sense of diversity, and we look forward lo rolling out more indusivg 8vgnt5 throughout 2022. Trlps t• ••• sld• We also run each year 5 trips to the seasidg for our under fives and older people. This allows Pe￿Ie who would never have any chance to leave London to be with people meeting new people. These trips our free so all can enjoy and no person gels left behind due to income and are funded by the John Lyon's Charity. W•bsft• and Communlcatlons Today websites and an active intemet pro$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 c*ganisats'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 dIVe￿ty are Championed. By commrtting to Ihe London Living Wage, we'll help make our community a fairer p￿ce-, 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 aM￿tIOnS 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 ￿n￿r￿mOnt 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 Commi￿1¢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 Se￿ring funding from a range of I￿ome 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 Carr￿r 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 benef￿la1 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 ofT￿￿teeS. 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 NE￿o￿N 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 sL￿MentS in accordance with applicable law and United Kingdom A￿U￿ting 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 r￿0d5 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 Ch￿lty 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 respOr￿Ible for safeguarding the assets of the charity and hence for taking reasonable steps for Ihe p￿Vents.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 ap￿led in their pTeparalion is applicable 13w and Unitod kn"ngdom Ao*unting Stsndards, induding Financial Reporting Standard 102 Th9 Financial Reporting Standard applicable in the UK and Republic of Ireland Iunrted Kingdom Generally Accepted Accounting Prac*cel. 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 Prac*1￿.. and have been prepared in accordance the requirements of the Comp￿leS Act 2006. BASIS for oplnlon We conducted our audit in accordonce wth Intemational Stsndards on AL￿lting (UK) IISAS (UK)) and applicable law. Our responsibil￿e3 under th08e slandards are fLwther described in the Auditoes TrspOn&bilit￿S 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 fin￿ClaI 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 resp￿S1￿{lItt88 and the responsibilioes of the trustee6 Y￿1h 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 othe￿ise 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 ￿Tran￿al 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 finan￿al 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¥ ap￿iCable. matters relalpd to going con¢em and using the going concem basis of a￿Ounting 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 ￿gL￿atiOnS made or having effect thereunder. Our c&le￿iveS are to obtain reasonabl8 as$uran¢e ab¢xrt whether the finanryal stslements as a vthole ar• free from m*rial 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 a￿￿y$ 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 decA￿onS 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 FOR THE YEAR ENDED 31 MARCH 2022 Aecountlng policies Icontlnued) Ba81¢ ffnancial ass•ts Basic fjnanaal assets, which include debtors and cash and bank balan￿5. 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 In￿sIty 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"$ed. Debt instruments are subsequéndy carried at amortised cost. using the effectNe interest rate method. Tradè treditors a￿ obligations to pay for goods or services that have been ao]uired in the ordinary course of operations from suppliers. Amounts paYa￿e are dassified as current liabilities if payment is due within one yoar or ￿5s. If not, they are presented as nowjrrent h'abiliti"es. Trade Iyeditors are re¢e43nised initially at transac*'on price and subsequently measuied at amortised cost ￿￿n9 the effective interest method. Derecognition of Ilnan¢lal Ilabllltles Finanaal liabilities aré derecogni5ed when the charity's contractual obli9ation$ expire or are discharged or can￿lled. 1.10 Employe• b￿afft8 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 Irus1￿9 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 ￿ On9￿n9 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¢t*d 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 EXpondI￿r• Expenditurè 2022 2021 staff costs Deprecaation and impaimient Food and other pro￿810n5 Insuiance Rates and ulilitieg Te￿phOne Printing, postage and stationery Sundry expenses Venue hire Travel and subsisten¢• Repairs and maintenan Equipment maintenance 8ookkeeping Legal and professional fèe$ Tutors ACtiV￿eS 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 tangl￿t 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 Accn*ls 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 Tha1￿?]mO￿￿9￿1hQthQr￿YIThdudOfew1cttdknd• L¥2mrAl*ffj UTrv¥pwvwb4￿J,1871 154,oeii 1S.L 2.5f8 25.039 37.152 175.472 1$1.1J5Tr 1242.339} 13.014 9.012 57,J)3 $9.22S 120,412 245.132 I3￿,1￿3) 61.671 235,913 1294,Q301 43,347 47.101 -23- HIGHGATE NEWTOWN COMMUNITY PARTNERS (FORMERLY HIGHGATE NEwfowN COMMUNITY CENTRE LIMITED) NOTES TO THE FINANCIAL STATEMENTS ICONTINUED FOR fHE YEAR ENDED 31 MARCH 2022 16 D•slgnatsd fund Thè income fvn%Js of the tharity indude the folowng designated fur￿5 vknich have been 9et osjde out of unrestricted fijnds by the tru￿￿e$ f¢)r specifi¢ purposes.. Trnnsfor• Balan￿ It 1 April 2021 Resou￿9¥ 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{M￿dge wth gratsful thanks the support andlor fvnding that has been provided in Ihe last finanaal year and is b￿n9 provided currently from the follo￿n9 Or9anisations, Companies, Funds, and Trusts Aging Better C8mden All Churches TrL￿t Brookfield Sthool Dartmouth P Camden CitizensAthice BLKeau Channing scho￿ Highg*è City Bridge Tru¥l Designers Guild GEM Environmerrt81 Building Se￿￿5 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- www.highgatenewtown.org.uk