HIGHGATE NEWTOWN COMMUNITY PARTNERS ANNUAL REPORT AND FINANCIAL STATMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022
Charity Registration Number: 290712 Company Registration Number: 01859173 (England and Wales)
HIGHGATE NEwfowN COMMUNITY PARTNERS LEGAL AND ADMINISTRATIVE INFORMATION RobertAitken (Chair) John Carrier Stephen Hodge Revefgnd Andrew Meldrum Baar3 Smllh Father DamS8n Mason Robert Schon Philip Kthale OILrtoml Ayod4i S•¢rotsry Stephen Hodg• Chrfty numb 2W712 C(mpany nwnb•r 01859173 Roglslornd office 12 Highgate C108e London N6 4SD Audltor Glazws 843 FinLley Road London NW118NA
HIGHGATE NEwfowN COMMUNITY PARTNERS TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Red•velopm•nt of B•rtram Stre•t C•ntr• In 2017 the London Borough of Camd2n f Lec? deryded to red8velop our premises to provide additional housing in our area and an enhanced CommLmity Centre building. Inf(ially it was prc)08ed that the almost all of thè opartments in the n¢w comeX would be sold to owner ocajpiers, but In recent weeks L8C had agreed with the Home Office that that the apartments will b8C4Jme swal housing and wll be occupied by refvgee familie$ presenlly housed in hotels. Construction of the eomplèx is w•ll adVand and tNsl8ès antiCApate that ffit out will commèncè in the fouth quarter of 2023. wrth the certse opening at E88ter 2024. have agreed in nCIPle with LBC that will fund tha fft-out of th• grnund and ffirst Iloors of the new blding whlth we wlll we will lease from LBC. In the Centre we expect inter alia lo be be wnning aleS In the Sports Hall whith is part of tha ground Iloor, a 9kry sthool. a pottery school, a cafg. a hairdre$sin9 salon and a laundry all twgeted at and priced for our communTty. which remains one of the most deprived in the area. This will require the rai%ng of sLsnbO1 fvrKIs fty Ihe fil-oul and a mpreh¥n$1e agr•wn•nt vAth LBC on th management of the conwkx. LBC entib"e8 wll oc(yJpy the Second and third floors of the Centre while the complex itsdf will be almost ents'rety vehide free and indudeg a court yard. tha C8nlre managed by a manager employed by HNCP. Fund raising for the fil is in Fffogress with over £500,000 now 88CLbf8d, vthilè at Iha timè of wribng the basi8 upon vthich HNCP will manage the centre is under active discussion V4ith L8C as the trustees believe th41 ddiuonal sUPPOrt may be required from LBC as a Tesult of the cuent inflationary environment and the ddays thal have owrred lo our expected date of OccupaOn. Curront ActlvltleB and Achlevements wd Perlombanc• for Publ1¢ B•n•fit The trutee$ afft sab'sfied wth the pertomianc* of the charity this year. D•Ste the disruption caused by the redevelopment we have suc¢eeded in slgnfficanlly expanding the 8eM¢e8 w8 offer to our Ctynmunity and this in a form which 1$ not ¢rfti¢ally dependent on access to 25 Bertram Street. Slgnlfic•nt •chl•vom•nts and d•volopm¢nts In tho nlntr month8 Includ•.' Under S8 children bY1¢• Highgate Newiown Communty b¢lievE¥ children should have great 3ervice8 and frEe Bervices that all can access and enjoy. Our wncipal offering is a daily dropin wsion for under 58 and are now located at St Mary's Br¢)okfield in Dartmouth Parf(, The United Refomed Church and St Michaels Church in Highgate Village. The full programmè can be found under fives our websrta at htt s 1lwww.hi atenewtown or .ukl 432 chldren ttended more th8n 200 play se95ions been April 2022 nd December 2022. Each month there are around SO children who attend at least three timès per week, and 71% of Childn who attend live in areas that are in th 30% most deprived communities in the UK, as measured by the Index of Multiple Deprivation. These seNces have been fijnded by the John Lyon's Charity, P•abody Trust & Sl Mthaels Churth. Commvnlty lunch club and old•r poopl• We Created a heavily $ubsidised lun¢h dub which runs frorn Monday to Sattjrday throughout the ye8r. W• promdo 8 hot maal 0ked on the premises and a pudding forjusl £2.50 in a variety of lorations around the area. induding St Mitha•l's Churth the United Reformed Churth in Highgale, Sl Mary Brookfield and Sinco February 2023 St Dominic's Priory Church, Haverstock Hill. Over the winter of 2022123 the light of the cost of living squeeze we temporarlly reduced this tharge to £1.50. 435 peoFAe attended our ILmthe8 bets¥•8n April 2022 and December 2022, where we served around 3,500 lunches. Each morth there are around 30 people who attend at lea81 three tlmes per month vAlh many attending daily, and 80 or so peopie who attend a CA)mmunity lunth at mwe than one venue. The current programme can be found at our website under communty Th¢h dubs. Fundlng for Ihe8è adivilles has been obtained from MerceTS Company, City Bridge TN8t. Lady Gould's Charity Ageing Better Camden. St Mary Brookfield and United R•fomi Church and St Mithael's Church.
HIGHGATE NEwfowN COMMUNITY PARTNERS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 P111¥• Fviuve8 Po$rtive Future$18 a faCtr1Ce $UFP)rt proled th•t helps pecs)le in(Trase thetr hou¥¢hold Ino)me ¥nd resolvo Problems that restrict thr abi16ty to maximSse their income and welbeing. We help people sort their paperwork, mako phone call¥, rnake and attend appointments, CVB, 8earth forjobs fill oul forrll5. ahvays refer peoplej on to other $eNices whore more spety¥list advice 18 needed such as CftvzensAdvice c debl seNi¢eJ. This prc4•el Trs diff¥r•nl to anythlng el80 on offer In Carnd becau we help P•OF4e with comF4ex chalhnges a93 8eMces that already exist. We proMde support lo some of the most vulnerable in our commurwty. many of sthom find it impossible to make phon• calls. book appoinlments or sort papaThvork thout additronal 8LVPO Each irrteNention is tailored around the individual with support for as long a5 rt is needed to re501ve the i35ue- even applying for benefits can take many months. Ihe SUPFQrt of Po¥itive Ful¥. they are not alone in when tying io resolve thelr dlfficults'es. We arted helping people in th1$ way In June 2022 and the range of issues In addrtion to finanrial drfficulties that p&oplo live with h8$ betn SurisnglY broad. These indude Skin cancer. a bTain tumrAJr, heroin ¥ddith"on, •lcohol addiction, domestic violence. disabilty, chronic illness, divorc8. and mental illness. These all make déaling with debt maklng benefft dalm8 or looking fcK work extremdy challenglng. Betren June and December 2022 P8OFd8 wér8 Supp1•d to sècure jobs. threè olr9 crèated Cvs. and w also helped people to.. aw288 Bpecialist debt and benofits advic8' review gas and eledridty tarffts: daim ftyr Personal Independence Payments.. seek pension advice.. securè 8 grant for fumlture,. access voluntary supm al hom8 for gardening and teth yoblom$: find a deaner, download a phone app to make affordab calls to family in Australia. This lev•1 of kind and gende 8UPPOrt ha8 tjeen hugely welcorned by people and we are Seeking ongoing fun(ng to C¥Jnllnue the project In 2023. Workin with Channin School for tho local communi Channing School was founded in 1885 as a school where th8 daughters of Unitsrian ministers could c&toin 8 'firsl-class edu¢alion.'11 is this UnilarTan fourKJation that drives them to Teach beyond the school gales to build l¢ca4 neiwoTk of partnerships. whith will help to create a posttive social and •dueational impact on the local convnunity and the sthool. HNCP'S vfjsion lo make our communty better- where 8veryone has a thance to succeed and nobo0¥ gets lèft behind., chlmes perfectty the Channing el)3 where they work to 'eUrage glds to develop respecl. tolerance and understanding of all faiths as well as individual and soual responsibilty.. By building a $lrong partn8rship betsvean HNCP and Channing we can athiev 80 muth morÈ together than apart. We are investing in PgOF4e- young and old- and invesling in their fijture just 98 Channing invest in the fulwe of their students.
HIGHGATE NEwfowN COMMUNITY PARTNERS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Educ•tlon + Progrnmm• Joinuy wth 8rookfield Primary School arKI Channing and St Aloysius College we Seek to pro¥lde UcatiOnal opportunities for Students who come from disadvantaged bad(ground$. We call this programme 'Education +, and il ha$ has CUra1 Capit81 and academlc enrichment at the heart of ts programmè. Wth this in mlnd, Channing is providing several different dub5 and actimties for BrookfieFd, SL Joseph's Primary school, Yerbury 8nd hopefully hitehall Park studènts. We 8180 building on th• mlationship Parfiament HilllAdand Burghley Sthools. These Indude reading dasses for Key Stage 1 aTrd 2 Students. Thity gtudènts from Bmokfidd, St. Jo8eph'8. S( Micha81'5 and Yerbury attdd an HNCP sunYn•r camp h8ld at Channing Jsjnior School. hope to indude more students for Summer, 2023 vknlth vlll again h held at Channing junior s¢hcd. Problem Solving Robotics. CoLing. Design arbj Technology and Saence dubs are led by speaallst teathws from Channing and St Aloysw$ wth help from Sixth F¢mi volunteers. Th•8e dubs all(sW Students, specAficaly those are p51 Premium students. lo engage wth chdlenging bul fun 8ctiviUes. Th8y leam to collaborate, qL18stiL and build their confidence in STEM ar88& Gemwn dub18 al80 offered where students engage in leaming a new language with a SP8ualist MFL teath8r and some Year 7 voluntsèrs. The aCt1w•S ar• gaging and allo Students to learn a language whith 13 not often offered as an option in pnmary scho(A3. Through th• Summer camp, we have also bubll a partnership with Active Day Camps and this has led to ibrick and murtlsport at Channing for partnership schools. Ibrick and Muttisports give sludent¥ from St. Joseph's and Brookfield the chance to Vrk ah)ngside Channiry Junior Soknl stLhaents wuking tc4Jether lo develop their team buildin9 skills. This Edu¢ab'on + wogramme is fvnd•d primarity by Channing S¢hool . Comfort Box Moving into a host81 or terrwrary housing is a Choi no on8 ever wBnts to make.. the first few dayy can be e$p*¢lally overwhelrning. We are proud to be Working with Channing lo ¥upport vulnerabl• people vtho )Trnd themselves In this positi(. The new Comfort Box is packed wrfh essentials thal will make Ihose first few days easier to bear. Inside reupients wll find a gelection of dried goody. tins of soup, beans, lea, coffee and go on to keep them going while they find thelr feet. We've induded toiletri too to make Iheir arrival at their new Short term acrLfflmodalion a little mwe comfortable. Spgci•l Ev•rbts Christmag lunches We ran three Christrnas lunches in 2022 at Pokyj Square Chapel, St Mithae18 Highgate and Sl Ma5 oartmJlh Park for a total of 244 peoFde. The lunches were free lo all o)mer8 and we vme a&Sted by a large number of volunteers. Trtp to sea slde OUT Under 55 team organised a brilliant day trip lo the seaside in June 2022 for 50 thlldren. Each d)ild also had an allowance of £5.00 from HNCP f icè croam or food. Th•s• trips are important and many people never have a thance lo leave London and cannot afft)rd any holiday. This lrfp was fvnded by John Lyons. Communltsa In Ociober 2022, joinlty with Channing we ran a cLynmunily lea. We offered free tsg. sanohHi¢h¢¥ and cake * Channing School, logetherwlh music. W¢b¥lte and Communlrallon¥ Today websites and an athve intemet presence are essential. and partilartY so for HNCP while It 1$ operating from so many different locations. Our website is n"vous maintsined.
HIGHGATE NEwfowN COMMUNITY PARTNERS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Fundrnislng This year w• had strong support from a number of local and national organisation¥ Imenlioned above and in the acojunlsl and also from local peq)le giwng to the tharity. During the la81 year the levd of and frequency of donations from individuals and Small private trusts continued at a somevknat lower level as the crisi3 receded but remain$ a testsment to the wllingness of the community to stsp up to help. Although we benefit from a generous grant from LBC over hatl th8 fijnds wo spend come from tru$ts, other non govemmental and Priwdte donab"ons. It quires considerable effort and staff resourees lo maintain this fthv of funds, both in prepanng applications and reporting to donors how their money has been spent. as each granting organisalion has its roqulrements aryd stsndards all ofvlvch we have to meet. Our maln furKI raising challeng8 for the coming year is to raise sufficlent fund5 to fft-out Ihe floors wtr will lease frorn LBC while maintsining the flow of fijnd to our exlgling operations. As noted abovè wè are still somewhat short of the amoLrnl we expert to be reTJuired. If sufficient fijnds are not rai8ed we will look to the major tenants to cothbute to their fit ¢)ut, vthi¢h have an effect thé rent we are able to ask. Poliei•s for 2023 Our t4ggest prfority for 2023 is to 8re that Ihe new Cerrtrè opens w8 d•liv¥r on wr re8ponslbililie$ lo LBC and th& community by runnlng a succe88fv1 and well managed communlty Centre. Otherwise our priorities unchanged from last year and refiect growing demand for OUT free SeIceS as many other services from local counals are art. Many people on low incomes and 1Sving below the povoty line we facyng isc4alion and SsaI ¥xc4usion a8 they can no longar aff(ffd the fees for paid $eNces. 1. Ddiver high qualty servi¢e$ that enable stability. secyrity, improved welleing and Ihe developmènt of p0sve relationships. 2. D¥vglop and delNer a range offrge servtces lch wdujme am. 3. Develop our people, $y$lems and operations lo en¥ure our core running costs for the cfiarity are the lowe81 in the seclor. and in addition to ensure that we have the staff capable of rf$ing lo the challenge of running our new buildlng from 2023 onwards. whith wll more than double the finanaal lootprint of the thanty. 4 Our intenlion is to continue lo follow our ¥ucce5slul opeTaliThJ model of seeking grant funding fcff speCC inltiaJv•s and in general apart from certain core programmes our phllosophy is that if an actiwty Can be fvnded by grarts and m88ts our ob¢1Ve$ we will do it. bLrt will not ntinue if grant fundlng drt•8 UP. HR and •mpJoyment We want Highge NevAown Community Ptner8 to be a great 0¢e to work, where equality and dirty are chamkNond. By commffting to Ihe London Liwng Wage. we'll help make our rommunity a falrer let,. by ensurtng indusivity in our organisation. wa'll eno)urage a broader diverW, induding diversity of thinking,. and by supporting Ilexlble w01ng hours for people children, we ¥nsuTe we're contributing to tsir•r, more welcoming work environment for all. These commitments ensure we will ¢>Jntinue to rnpr•sent our community to the b•st of our abl1 and deliver our ambilion$ for its people. We want our staff leam to feel valued and Se(re. Before the new Centre open8 there will k a major rec¥uitment efftrt and we wim seek lo ensure that cpportunilies for employment at the Centre are known to an available to our local communty. We have reviewed our HR and Health and Safety wilh P8ninBula So1¢¢$. We also now offer all the stsff team free cOunlI1n9 and advice for the whole family. We cannot expec ourteam to do A brllianl job 5upporiing pecyle rfwe do not look after them. Gre•n Approa¢h Throughout the de%gn and con3tvuction of the new HNCP developm8nt. we've aimed to implement our sustainath'lty polScy to coMY %ith The London Pl¥n. This apprt sets out the key steps we have tsken to meet these targels and delivor an efficient, sugtsinable 8theme Ihat minimiges our carbon foolprint and is fft for the future. Looking after the env¢ronment a key priority lor HNCP plea$• view our new approach. Ilwmv hi dleiiewluwn or .uklabuul-usl The trustees have paid due regard to guidance i¥$ued by the Charity Commis5iM in deciding what activitie$ the charity should undertake.
HIGHGATE NEwfowN COMMUNITY PARTNERS TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Financial review The finanrAal results for the nlne months in the afxounts attached show a significant surplu8. Thi8 however is caused by the fact that the income and expenditure Indude3 8ignifi¢ant Income from gran1$ aThJ donatlons dests.ned to fund Ihe fftt of the now bLMlding. and also Some expenditure on the building. Adjusting for this our conlinuing operation ran at approximately bieakevpn for nine months. Prior to the dosuTe of ¢ur old building, the chwity enjoyed an Income fromlgllings to a number of org3ni8allon of space in th& Bertram Street Building. During the period of dOsU thi3 core income has disabpeared. but has been partially replaeed by an enhanced grant from the London Borough of Camden. Vvheri the C¢ntre r&open this mode of fvrHling could continue with building njnning costs and rent paid to LBC funded by letting and hiring income. It is possible hu•Jever that in earfy years this income will be insufficient to fund us to fijlfil all our obllgatson8. Ihilh the w8vlI that we will conb'nue to rèquir• anhancEd support from L8C. In the meantim8 the Trustees wll fLffltinue with their strategy. of securing fvnding from a range of irttmo streams 40 minimise risk to th• organi8Ation. The Trustees have conduded that in this time of likely financial constraints the th•rity should hcAd reserve$ equivalent to six month8 of exptrnthture on our eore {ie non 8pecificalty fijndedl buslne88 and three months expendiéure on our specrfically funded business. le thosè fvnded by $FTr¢ reslricted use grants. As noted above the trustsgs policy 1$ thal vtsn speiiffic fijnding for an at'vity Nns out the adlvity is Immediely Stopped. The trustees have examined the major strategio business and operational ri$k$ wthich Ihe chty faces and ¢onffimi that systems have b•trn estsblished to enabl• regular r•ports to be produced so that the nece$$¥y steps can be taken lo lessen these risks. Our largest rt5k lookin9 forward to to 2023124 1$ a shortfall in income from letting in the new Centre, and we are in aclive discSsiOn ith LBC as to the ways in which thi$ risk can be mitigated so as to give the Trustees the ctyffidence to commit the thatrity to the18ase of the new buildmg. Codo of Conducl and Flnanclal and Other Poll¢l•$ includlng Data Protscllon During the year the Trust888 rewewed the Charilies Code of Condud and financyal other policies to ensurè that they are compliant with currenl legal requimmènts and best yactice. Stru¢lure. govemance and management Th? charity is a company limited by guarantee and has just urKr 100 m•Mr$. The trustee8, vtho are also the dire¢aors for the purFe of company law, and who seNed during the period and up lo th& date of signature of the financial slalements wgre: RobertAiUten Ichairl Jcknn Carvier Stephen Hodge Oliver LthS Reverend Andrew Meldrum J3rne$ Roljin B¥rbar• Smith Father Damien Mason Reverend David Currie Robert Schon Philip Whal Olutonl Ayodejl (Resigned 9 June 2022) IRe$iw•d 9 Jun• 2022) (ReSied 9 June 2022) Nono 01 the IN8tw has any benefidal Interest In the company. Al of th• trustee¥ are members of the company and. like all members, guarantee to oJnlribLrte £1 in the event of a winding L. New trustetj are appointed by thg vthole Board On the reMMendation of a sub¢ommtrtt** Consisting of thrn• tnjstees. New trustee3 recoive briefing on the poh'cies and procedures of the Chm and all tnJ8tee6 are expectad to attend perlodic safeguarding trainin9.
HIGHGATE NEwfowN COMMUNITY PARTNERS TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Audltor The audilors. Glazers, were reappdnted as auditorto the company at thè 2021 AGM •nd a wjposal thal they be re8ppointed wll be put lo a General Meeling. The trustoe$' report wa8 approved ty the Board ofTru$teO8. ¢044 RobertAilk•n {Chalr) Trustee Stepn Hodg• Trusleo D8led..A&.3.MyP...
HIGHGATE NEwfowN COMMUNITY PARTNERS STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE PERIOD ENDED 31 DECEMBER 2022 The twstees. who also the directors of Hlghgate Ne¥own Gommunity Partnern for the purp)se of CoMpY law. are responsible for preparing the Trustse8' Report and the financial statements in accordance th apscable law and United Kingdom Accounkn'ng Standards (United Kingdom Generally A¢¢epted Ac¢ountyng Pra¢tic•l. Company Law require5 the trustees to prepare financ4al $tslements for &ach finanryal y8arwhicth give a trug and fair view of the state of affairs of the charity and of thé incoming reU8 and applith.on of resour¢es, indud.ng the Income and expendrture. of the charitable company for that period. In preparin9 the finaw818tslemenl8, the tru8tee8 are required to.. - select suitable attounlrng Oloes and then them o)nsi5tendy", - observe th8 mèthods and printyple$ In Chariti?¥ SORP; - make judgements and es1imat8s Ihgt ore reasonable and prudert state whether appkcable UK Ac¢ounts'ro Standards have be fc41owed, SLjed to any material departure8 disdo$ed and explained in the Ilnandd 8l¥ternents,' and - prepare the finaal 6tatern8nt8 on the goiTrJ concem basis U68# 1118 Inappropriate to presume that th8 charity will continue in 0ratiOn. The trustees ar& r•sponslble fc keeping adequate accounting records that di5c103e wih reasonable acDJracy al any time the financial posilion of th8 charity and enable them to onsuro that the finanud Statements compty with the Companies Act 2006. They are 8180 responslble for safeguarding the assets of the thanty and for takkng ieasonabl¢ slep6 for the prevention and detection of fraud and other iryularlties.
HIGHGATE NEWTOWN COMMUNITY PARTNERS INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS Oplnion We have audited the financial statements of Highgats Nowiown Community Partnèrs (the '¢harity') for the peric#J ended 31 De¢ener 2022 whith compTlSe the statement of financial activrbes, the balance sheet. the statement of ash flow5 and the notes to the finanaal statements, induding a $umm8ry of significanl accnting polic4•8. The finanual reporting frarrnwork that has Ixen applied In their prepar•tlon is applicable law and Unlted Kmgdom Accounting Standard$. indudlng Financial Reporting Standard 102 The Financial Reporting Standard applicable the UK and RepuJSkn of Ireland (United Kingdom GeneraltyA¢eepted A¢¢ounting practi>. In our opinion, the finanaal statements.. give a true and fair view of the state of the charitable company's affairs as at 31 December 2022 and of Its incoming r&sourcè8 and application of re8ource$. for the period then ended., ha b••n prop•ty prepw•d Sn accordance V•ith United Kingdom Gerrnlly Accepted Accounting Practice., and have been prepared in accordance wth the requirements of lh• Companies Acl 2006. Bas1 for oplnlon Wo conduded our audit in accoTdance wth Intemattonal Standards on AudTrg (UK) IISAS IUKII and applicable law. Our responsibilities under those stsndards are further deEcribed in the A{lt0$ SponsI1)i1es lor the audil of the finanu81 st8t8mèntÈ $ec4"on of our report. ¥Ne are independent of the chanty in accordance wth the ethical r¢quiremen18 that are relevant to OLK audit of the finanaal stslemenl$ in th¢ UK, induding the FRC'8 Ethical Standard. and we have ftjlfilled our other ethicol responsibile8 in accordance with these requirements. We believe that the audit evtdence we have obtsined is sufficient and aFpropriate to provid& a basis forour opinion. Conclylon$ r•latlng to golng concom In auth'ling the finantyal statement5, we have conduded that the trusteos, use of thè going nCern basis of acc¥)unling in the preparation of the finanoal statemellts is appropriate. Bas•d on th¢ work we have perfomed, we have not identified any material uncertainties relating lo event8 or conditions that. individually or (y)Ilectivety, may cast significant doubt on Ihe charity's ability to continue as a going COnM for a period of at le•stfv¥e months from when the finanaal 8tstem•nl$ are authorised for issue. Our responsibilities and the respon8ibilib.es of the trustees th respect lo going concern are described in the relevant secb.ons of Ihis report. Oth•r inforniation The other infomiation compriges th• informalion induded in Ihe nual report other than the financial 8tstements and our aud110$ Tewt thereon. The trustee$ are re$ponsiUe fy the other infomialion contsined wthin the annu81 report. OUT opinion on the finanaal st8t•mont$ do&$ not cOr the other information and we do not express any lomi of assuranc8 ndUS1on Ihereon. OUT responsibility is to read the other irrformation and. in dc4ng so, consider ether the other infonnalion 1$ M7a1 Snconsistent Mth the fin•nty¥l statements or OUT knowledgo obtained In the course of thè audit, or 0thoMise •ppears to be materially misstated. If we identsfy such material inconsistenoes or apparent material misstalements. we are required lo detemibne whether this gives rfse to a material miBstaternent in the finan¢i81 $tslements themselves. If, based on the Work we have perfomied. we neJud8 that there is a Materi misstatement of this other infomiation, we are required to rep)rt that fact. We have nothlng lo report In this regotd. Mattèr8 on wfftlch w• ar• raquirnd to rnport ty •x¢eptson We have nolhing lo report in re¥sect of the followng matters in relalron to lch the Charities lACunts and Reports) Regulation3 2008 require us to report to you rf. in our opinion.. the infomiats.on given in the finanrAal ¥tatsments 1$ in¢onsist•nl in 8ny material r•gP?ct with the tru$tee$' report.. OT sufficient accounting r)rO8 have been kept.. OT the finanual statem•nl$ are not in agreement wth the accounting recordy,. or we have not r8ceive(l all the fvrformalton and explanations we require for our audiL
HIGHGATE NEwfowN COMMUNITY PARTNERS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS R•sponslbllltl•s of In•9 As explained more fully in the statement of tnJ5tees' responsibilibes, the trustees, vA)o also the directors of the chanty lor the purpose ol company law. are responsiblè for the preparation of the financial slatemerts and for being satisfied that they give a Inse and fair view, and for Such Irrternal ¢ortsol as th& Iwstoes determine is necessary lo enable the preparatlon of financial stat•ments that ar• free from material misstatement, whether du8 to fral c error. In Preparing the financi81 staterner. the trustees are responsible frx assessing the charty'5 abilty to continue a8 a golng concern, disdosing. as applcable, matters related lo going concern and using the goSng concem basis of ae¢ounting unless the tru31ee$ either intond to liquHlat8 the chavrtable oynp¥ny or to cease operations cf have no realistic Itternative but to do $0. Auditorfs Mponsibilities for th• udit of tho Ilnncll •ttsmwls We have been appointed as auditor under Section 144 of the Charlties Act 2011 and report in accordan wilh the Act and r8lèv8nt regulations made or having effect thereunder. Our objectives are to obtain reasonable assurance about Ythether the financial statements as a 01& ar8 free froln material misstalemenl, whelher due to fraud or em>r, and to 1$8u? an audrtoes report that indudes our opinion. Reasongble assurance is a high level of a$SUrar but is not a guarantee that an audit ¢onducted in accordancs with ISAS (UK) 11 alway¥ detsct a material mi¥stslcmgnl vthen It exists. Misstatements can arise from fraud or eOr and are considered material if, indimdually or in the aggregate. they CA)uld reè8onably be expected to influence the economic deusions of users tsken on the basis olthese financial statements. The exlent to which our procedures are Capable of detecting iThegularities. induding fwd, 18 détalled below. 10-
HIGHGATE NEwfowN COMMUNITY PARTNERS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TOTHE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS In identifying and asses9 risks of matsrial misslatsment In respect of irTegularitie8, induding fraLMI and non- complianc8 with I5 and regulatiDns. we conBidered the fdlowng.. 1) Enquiiies of managwn•nt conmIng the th¥iity'$ F4Jlide$ and procedure5 relating to.. identfying. 8valuabng and cimF4ying vlth law$ and rryulafjon$ whether thgy wer• aware ol any Instan$ of nOn<0mlance detecting and re$pondlng to the rfsks of fraud •nd vklèther kn have kredge of any adual, su5pecled or alleged fraud.. and th• inl•mal ntrCIS established to mib'gate risks related io traud or non-compiianGe with laws and regulations.. 21 Dist519n8 among the èng89ement team reo8rding ht)w and vthen fraud nlght ocwr in the finandal statements and any polents'al indirAtors of tra. In common wlih all audits under ISA8 (UKI. we are also required to perfomi spedfic kvocedures lo respond to the risk of management ovevTide. We al obtained an understanding of the legal and regulatory fram0w0 thal the charity opor8te$ in, focusing on provisions of those laws and regulation$ that had a dlr8ct effect on the detemiination of material amountB and disdosures in tha fin8n¢ial $t4lements. The key laws and regulatrons w• considered in this contaxl induded th& UK Conwni95 Ao and ChaT6tse8 Act olong with the Charttles SORP. In addition. we ndered provision$ of other l•vs and r•gulation$ that do not have a dSrect effect on the finanaal statements but cKJmpliance with which may bè fiJndamentsl to the charivs atilty to operate or avoid a material penaFty. As a result of perforDwng the above, we did Th)t identify any key audit matterj related to the potents'al risk of fraud or non%x)mpliallce wth law8 and regulalions. In addition to the above, our Procedures to respond to risks identffied Induded the fdlowlng.. Reviawng the financial statement disclosures and testing to supporting documentation lo assess conwliance proviOn8 of relevant laws an¢J regulation8 dèsttibed as havrng a direct effed on Ihe financial stslements; Enquiring of management conmIng actual and n{la1 litigation arKI daims" Perfomilng anical PTocedureB to Idantify any unusual or unexpected rdatlon8hipg that may Indlc4to rf8k8 01 mateiial misstst•m?nt due to fraud. Reading minute$ of bwtings of those charged wllh govemance and remewlng ¢WespdenCE 1th relevanl tax authorities,. and In addresslng the risk ol fraud through marogement overrfde of contrds, le8tlng the apwoprfatene$8 of lownal enlries and olher adiustsn¥nls; 9sse88ing Ythether the judgements made in making accounting estimates are indieAlive of a polenlial bi8$: and evaluating the business rationale of any signfficant transactilxs that aro unu$ual or outside the normal course of buwness. also communicated rnlevant identified laws and regulations and potential fraud risks to all engagement team rnembers, ar remained alert to any indioaliM$ of fraud or non-o)mF4iance wth laws grKI regulati¢8 throughout the audit. We note that our audit is not primarily de8igned lo detert nonwcLmptiance with laws and regulations and the TnJste&s other management are responsible for such inlemol control 88 the Trustees and other management ol the charity detwmine is necessary to ?nalAe the weparation of finanaal slalements that are free from material mi$$tstemenl, whether due lo errors or fraud, inchjth'ng compliance with laws and guI10n8. Addrtionally. owng to the inherent limitations an 8udit. thare is an unavoidable ri8k that we may nol have detected sorne material mi¥$tatem*nts in the finanryal stslernenls, ev8n though we have properly planne<l and perfom)ed our audit in aecordance wrth auditing standards. We ar¥ not sPOnSible for kyeventing non-comph"•nce and c•nnol be expe¢ted to detect non-compliancé all laws and ragulation$. 11
HIGHGATE NEwfowN COMMUNITY PARTNERS INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF HIGHGATE NEwfowN COMMUNITY PARTNERS A further d•scription of our respon$ikn'liti•s is available on the Financial Reporting Council'5 website at-. https.'Il w*hV.frcorg.uklaIrtorsre$ponSlbIllts"t3. Th18 de3pIlOn lom part of our auditots reporL of our rnport This report is made solely to the charity's trustees. as a body, in accordance with part 4 of the Ch8ritie$ (Accounts and Reports) Régulations 200B. Our audit work has undèrtaken so that we might stste to the charity's tfustees thos8 matters we are required to state to them in an auditsrfs rep¢Jrt and for no other putrpos•. To the fvllest extont pemiitted by law, we do not a¢¢ept or assum& responsibilty lo anyone other than the charTty and the charfty's trustees as a body. our audrt work. for this report. or for the opinions we have f0Md. Glazern Charteved Accountsnts Statutory Auditor 843 Finthley Road London NW11 8NA Glazors is eligibl& for appoinlmgnl 88 4udrtor of the tharlty by virtue of its eligibility for appointment as auditor of company under section 1212 of the Companies Ad 2006. 12-
HIGHGATE NEwfowN COMMUNITY PARTNERS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 DECEMBER 2022 Unmtrictod D•signated R•¥trictod Total Total fvn funds funds 3112 2022 31 3 2022 No In Grants. donations and legac4es Othertrading ac11tIeS InveBtmeTrl8 122.943 10,094 213.694 2,473 346,731 2,473 1,187 406.589 3.980 45 1,187 Totsl Income 124.130 10.094 216.167 350,391 410.820 dlturg on: RsIng fund8 3,634 1,139 11,634 16,407 28.836 Charit¥ble acbwlies 68,243 16,391 157,982 242,616 415.239 Other 11 11.9781 Tot•1 resouvces exnded 71.877 17.530 169,616 259.023 440,097 Net Incomingl(outgolngl rnsourc•s bèforè tr•nfèv• 52,2S3 17.4361 46.551 91,368 129.4771 Gross iransfws belween frJnds 129,2631 29.263 1101 incomellexppndlturn) fortho yearf Ilot movomwrt In funds 22,990 (7,4361 75,814 91,368 129,4771 Fund balances at 1 ADriI 2022 14S,739 145,505 47.100 338,344 367,822 Fund balances at 31 Doc•mb•r 2022 168.729 138,069 122.914 429,712 338.345 The statement of financial acti¥ities indLth8 all galns and losses recognised In the 0. AJI incom• pJ7d expendiiure derive from continuing acbvibes. The statement of ffinanrAal aowties also complie5 %Vith Ihe reqLMrements for an incom8 and expenditure account under the Companies Act 20C6. 13-
HIGHGATE NEwfowN COMMUNITY PARTNERS STATEMENT OF CASH FLOWS FOR THE PERIOD ENDED 31 DECEMBER 2022 3112 2022 313 2022 Ca8h flowa from op•rntlng aetlvOtI•s Cash generated fromllabsotb8d by) Operatits 41.746 119,1161 Investing aclivitio• Proceeds from disposal of tangible fixed assets Investment income TO1vd 15.000 45 1,187 Ngt cash gon8rated from Inva8dng 1,187 15.045 N•t ca•h u•od In flnanclng actlvlllo# Not In¢ruaèl(d•¢ru8e) In cash *fbtt cash oqulvalents 42.933 14.071) Cash and cagh equivalents at beginning of p10d 348.642 352.713 Ca•h and ¢ash •qulvalvnt• at •nd of 391,575 348.642 14-
HIGHGATE NEwfowN COMMUNITY PARTNERS BALANCE SHEET AS AT31 DECEMBER 2022 3112 2022 313 2022 Curr•nt •8sets Debtors Cash at bank and in hand 13 81,015 391,575 6.914 348.842 472,590 355,556 Cr•dltorn: amourts falling du• Thlthln on• yoar 14 142,878) 117.211) Net eurT8nt assèts 429,712 338,345 Income funds Restricted funds Designated funds Unrestricted lunds General unresltiLted funds 15 122,914 138,069 47,101 145,505 168,729 145,739 429.712 338,345 The company 1$ ent6tlgJ lo the exemption frcffl tho oudit requirement contained in 8e¢*ith) 477 of the Companies Act 20rffi, for the period ended 31 Dacember 2022, olthough an audit has been caTried oul under section 144 of tho ChwitiesAct 2011. The directors ad{nedge their responsibilities for complying with the requirements ol Companies Act 2006 wrth r88p8cI to accounting records and th• prèparalion of finandal 5talemenl$. The members have not required the comp8ny to obtain an audit of its financial statements under requiremts of th& Companies Ad 2006, for the period in qu8slion in a¢¢ordan¢e with seGtion 476. Theso finan¢ial stslemenls have been prepared in accordance with thg provislons applicable to companres subjttt to the sm811 companie$ regime. The financ4a statements re 8pprov•d by the TTUStees o Robert AIU(en (Chairl Tru•t•• steph Hodge Company r•gi8tratlon numbor 01859173 15-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022 Accountlng pollcl•s Ch•ilty Inforni•Oon Highgate Ntown Comunity Partners is a Fffrvate corEyany limited by guarnnt•e ine(ffporated in England and les. The registered office is 12 Highgate Close. LCdon. N6 4SD. 1.1 R•porting p•riod We have shortgned our accounting P8fiod to 31 Decgmber 2022, with the Cent period being a 9 month peri1. The comparallve period was f¢x 12 month$ lo 31 hAar¢h 2022 and therefore the comparative amounts presented in these financ4al statements are not entirely MParable. The reason for changlng the a¢yJ)unting period was to align il vthh The LonO)n Btrough of Camden who are our primary partrber. 1.2 Aeeountlng eonv•ntlon The financial $tements have been pr•pored in a¢Tance wbth the charivs Artides of As8OC4aJon, the Companie8 Act 2006 and 'Accounb"ng and Reporting by Ch¥rib"e8". Stslement of Recommended Practic apICable to chariti'es preparing their acCjnIS in aCL0rdan the Flnancial Reporting Stsndard ap1¢able in thè UK and Republic of Ireland IFRS 1021" la$ amended for accounting period8 conYnencAng from 1 January 2016). The tharrty Is a Public Benefft Entity as defined by FRS 102. Th? tharity has taken advantage of the providons in the SORP for d)arftle8 apF4yirvJ FRS 102 Update Bullgtin 1 not to prepare a Statement of Cash FItY4¥S. The financ4al statements are prepared in sterfing, which is the fvncaional cncY of thfr ch8rlty. Monotsry amounts in these fin•ntyal 5tat•ments are rounded lo th• neJar•st £. The financb81 ststemenls have been prepared under the historical cost conventton, Imodified to indude the revaluation of freehdd Properties and to indude investment properbes and certain finwual instrLxnenis al fair valuel. The win¢ipal a¢¢ounting pc4iue8 adopted are set *xrt below. 1.3 Golng ¢on¢•m At the time of approving the financial Ststements. the trustees have a reasonable expedation that the charity hats ¥dequale resources lo c()ntinue in operational eStenCe for the foreseeable 11•. Thus the Irustees ccfitinue to adopt th• goin9 concem basi8 of accounting In preparing the finanuol Jtatements. 1.4 Gharitsble fund• UnTe5tn'Lknd frjnds are available for u$e at the discretion of the trustees in furtherance of thr thaiitable ob18cli8. Part of these fund$ have been designated by the Board to b• sp8nt on thè fftout of the new building at 8ertram Street. now under txnstruction. Restrcted funds are subjecl to 8pecrhG condilion3 by donors as lo hwi they may be us•d. The purposes and Uses of the restricted ndS are set OLrt in the notes to the financial statements. Endowment funds are subject to spec4fic conditions by doncfs that the capital must be maintsinod by the tharity. 1.6 Income Irme is recognised when the charity is legally enlilled to it after any perfomiance conditions have been met. th& amounts can be measured Teliably, and it is wobable that incorne TrMII be received. Cash donations are regniSed on rfjceipl. Olher donations are recognised once the tharity has been notrfied of the donaon. unless perf0mnce condrtions requi deferral of the amount. Income tsx recoverable In relation to donations received under GiftAid or deeds of covenant is recognised at the tsrne of the donati. 16-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 A¢¢ountlng pollcl•# (Contlnu•d) Legaaes ar• r•¢ognised on re¢elpt ty oth¢pwl$o rf the charity has been notified of an impenthng dislribution, th6 amount 18 known, and rep1 18 expected. If the amount is not known, the legacy is treated 3$ • contingent assel. 1.6 Expofbdltyro EXnditure i¥ recognised once there 15 a legal or constructiv8 obli9atir to transfer •conomi¢ nffit to third party. it is prObae Ihat a transfer of economic benefits 11 be required In 8etUèm6nt, and the amount of tho obligauon can b• m•asured rtllably. Expenditure is da88ified by a¢tivily. The costs of •ath activity are made up of the total of direca costs and shared costs, supwt costs involved in undertakiThJ eath athty. Drrecl costs attributable to a single activity are allocated directly to that actiwty. Sharnd costs th1¢h ¢ontributè to more than one •ciivtty and Support costs whlch are not attributable to a slnglè actiwty are apportioned between th08e activfties on a basis ¢on$i$tent with the use of resources. Centfal staff costs 8re allocated on the basis of time spent, and depredatson charges are allocated on Ihe of the 8syeVs use. Dirgct chai)tab exptrnditure comprises expenses incLwred tJireth in pursuonce of tho charlty's prlncip41 actlwly. l expenditure is accounted for on an ocuu818 basis and has been da98ified under headiryJ8 that aggregate all costs relating to that categ¢ry. 1.7 T•ngible fixed a¥sg18 Tangible fixed a35ets are inltially measured at co81 and sub8equenlly measured at ¢X81 or vakjation, net of depreciation and any impaimient losses. Depreati IB recognised 80 88 to write off the cost cf valuation of assets le88 thelr redual value8 over their useful lives on the followng bases.. Ccffiputer8 25% on ¢08t Tho gain or IL)$$ arising on the disposal of an as5el Is detemiined as the drfference betsveen tho sale pro¢eed$ and the carrying value of the asset, and 1$ r•¢ogni$ed in the stslemenl of financial activities. CA•h and $h •qulval•nts C38h Bnd cash equivalents indude ¢a8h in hand, depo86ts held at call banks, other 8hort-tenn liquid investments with orisinal maturibes of three months or les$. and bank overdrafts. Bank overdrafts are show within borrovlngs in rrent liabilitie8. 1.9 Financial In•lrumonts The charity has el8Ct•d to appty the prls1onS of secti( 11 '8asic Financial InstrUnts. and Sethon 12 'Oth•r Finantyal Irtents Issu85' of FRS 102 to all of its finan81 inStruMts. Fln8ncial inslrurnents are reojgnised in the tharitys balanc sh8el th• tharity be¢ome8 paty to the contractual Fl)visions ofthe instrument. Finandal assets and liabilrties are offset, wtth the net amounts prestsnled in the financial 81atements, when there is a legally enforceable right lo set off the recognised amounts and them 1$ an intentsn lo settla on a net bas1$ or to rease the asset and setlle the liability simthneousty. 17-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 310ECEMBER 2022 Accounllng pollclos Iconllnuod) Basic financaal assets. which inchjde debtors and cash and bank balances, are initially m•a8ured at transaction price induding transaction cijsts and are subsequenlly carried at amorti8ed cost U8ing the effeclive interest m•thod unless the aryangement con$litutés a financing transaction, vthere the transaction is measured at the wesent value of Ihe fijture receipts discounted at a market rate of inter•8L FinoncAal assets dassified as receivable within one year are not amortised. Bask Iln•nelalN•bllhl•s Basic finanual liabililes, including credfftors and bank108n6 are initially recognised at transaction piice unless the arran9ement constitutes a finanring transaGlicn. where the debt instrument 1$ measured at thè present value of the future payments discounted al a market rate of interest. Financial liabilrties da88nled as payable one ye8r are not amortlsed. Debt instruments are aubsequenY carfed at •nortlaed cost. using the effedive interest rate melhod. Trade credltors are obligations to pay for goods or aeTvice3 that have been acquired In the ordinary cwrse of operations from suppliers. Amounts p8y¥ble are dassffied a$ current liabilities if payment is due within one year or les5. 11 not, they are presented a3 non-current liabiles. Trade credltors ar? r•cognSsed initlaNy at transacaion wce and subsequenuy measured at amortised cL)st uslng the effecve interest method. Derecognltlon of fin•n¢lal Il•bllltlos Financial liabilities are dernco9nisad tha chafity's contraclual obligation8 expire or are di$thaiged or cancelled. 1.10 Employ•• b•n The ¢ost of any unused hollday entitlement18 re¢ogn18ed in the porfod In vA)lth the employee'$ 8mryces are rtteived. T8mlinaOn benefft8 are recognised immediately as an expense when the Larity is em(stratY committed to temiinate the employmenl of an employeg orto provide tgnnSnoUon bonefft$. Crlllcal ac¢ouTrtlng •stlmats• andJudgwn•nts In ts applicatim of the tharity's accounb.ng policieB, the Iru8tees are required to make judgements. •stimate$ and as8umpb.ons about the carying amount of assets and liabilides that are not readily apparent from other sources. The 8stimates and associated assumptions are based on historical èxperienca and other farlors that a considered lo be relevant. Actual rgsufts may differ from these estimates. The e8tMnate3 and underlying as8umplions we leWed on an ongoing basi8. Revi03 lo accounting estimates are recognis•d in the period In whith the eslm4t? 15 revised Whe the revision affects only that period, or in the peri¢xl of the revision and fvture periods where the revision affects l)oth rrent ¥nd fulure periods. 18-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Don•t•ong and l•g4elos ilnrnstrlctsd Dgslgn&ted Restrl¢l Totsl Totrl nds funds nd• 3112 2022 313 2022 Donations and gffts General grants 443 122.$00 10.094 7.551 2C6,143 18,068 80,196 328,643 346.393 122.943 10,094 213.694 346,731 406.589 For th• pwk>d •nded 31 March 2022 174,661 231,928 4C6,589 Invvbb)•nts Unr•8trlct•d Unresfficled fund8 lunds 31 12 2022 313 2022 Interesl rtteivable 1.187 45 Oih•T tradlng •ctlvltl•8 3112 2022 313 2022 Cafe IrKorne 2,473 3.986 Raislng fvnd• Unro•trict•d D••lgn•tsd Re¥trict•d Tolal Total fund¥ fund• 31 12 2022 313 2022 Fu Alfvertising 3.634 1.139 11,634 16.407 28.838 3.634 1,139 11,634 16.407 26.836 For tho p¢rfod ènded 31 March 2022 Fundraising and public4ty 7.010 6,279 13,547 26,836 19-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Charitable activitl Charit•bl• Charltablg ExnditUre Expondlture 31 12 2022 313 2022 Staff costs Food and other prowsions In$uranc8 Res and utilib'e$ Telaphon• Pllnting, po8toge 8nd stationery Sundry •xp•ns•s Venu8 hire Travel and sub5iSten¢fj Repairs and maintenance Ewipmenl m¥int¢n8nce Botskkeeping Legal and profe88ional fo•8 Tu1ry5 Actiw"ties and event Costs Bank charges 131,869 19.485 3,292 4,000 892 1,742 804 540 $64 1,922 6,430 5,762 38.641 7,040 15,304 69 188,555 20.993 4,111 2.088 1.170 2,782 1.550 4,617 38.076 16,250 7,543 102.667 8,786 11,821 150 238.358 411,159 Share of gov8mance costs (see note 8> 4,260 4.080 242.616 415,239 Anly8ls by fund Unrestricted funds Design3led fund¥ Restricled funds 68,243 16,391 157,982 84,562 48,216 282,461 242.816 415.239 -20-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 Support costs Support Govomanc• 3112 2022Support costs Govemance cts costs 31 3 2022 Audit f•es 4.260 4.260 4,080 4.080 4,260 4.260 4.080 4.080 Anolysed betren ChantalAe ac*Jvikn"es 4,260 4,260 4.080 4,080 TnMt••• Ne of the trustees lor any person$ conn8¢ted wlh them) received any remuneration or beneffts from the charty during the pwiod. 10 Employe The average monthly number of employees during the peric•J was: 3112 2022 Numb 313 2022 Nurnb•r Efflpbym•M ¢o•ts 31 12 2022 313 2022 Wages and salaries Soal seoJTity costs Other pension costs 121.298 6.192 4,381 188.308 11.210 9,037 131,869 188.555 There were no employees whose 8nnual romuneratlon was more than £60.000. Tot•1 Re3triGted fid5 3112 2022 313 2022 Nal10$8 on disposal of tangible fixed assets 11.9781 11.9781 21-
HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 12 Taxatlon The 1$ exempt fr(m tsx w inwmg and gains falling wilhin gectron 505 of the Taxes Ad 1988 or $e¢Xion 252 of the Taxationof Chargeable Gaill8 1992 to the extent that Ihe88 ar• applied to its carit4ble ci)jects. 13 blO1¥ 31 122022 313 2022 Amounts falllng dug within ono y•ar.' Trade debtors Prepayments ?d accTued income 76.914 4.101 4.416 2.498 81.015 6.914 14 Creditors: amounts fallin9 due within one yèar 31 12 2022 313 2022 Other taxation and social s8curity Trade creditors Other creditc AcLYuals and d6fèrr•d inecne 10,595 5,558 105 .620 13.288 105 3.840 42,878 17,211 -22-
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HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 18 Deslgnated funds The come fijnds of the tharity Ind1* the follthvfrng de81pnaled fvndj wPich have been set asida out of urKe$tn'ct¢d funds by Ihe trustees for specrfic purposes.. IAovem•nl In tsnd• Incoming RMouT¢e• BalM¢è at s1¢ •xp8nd•d 31 Decemb•r 2022 e•lanc• •t P•soUr Bolanco at l Aprli 2021 exp•nded l April 2022 Rebuilding fund 200.000 154,495) 145,50S 10.094 117.5301 138,069 2fmJ.000 154.495) 145.505 10.094 117.530) 138.069 Thè tnJsts8s have established a designated fund low¥ds the cost of tho rebuldlng of th& Community Cenlre as descrfbed in the Trustees, Report. -24-
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HIGHGATE NEwfowN COMMUNITY PARTNERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE PERIOD ENDED 31 DECEMBER 2022 18 R•l•ted p•rty tr•n••¢llon• There ware no disdosable rnlated paty tr8nsxticffi$ during Ihg p•iiod1313 2022- none}. -26-
HIGHGATE NEwfowN COMMUNITY PARTNERS ACKNOWLEDGEMENTS FOR THE PERIOD ENDED 31 DECEMBER 2022 Hi9hgate NevAown Community Partners would like to acknov+lÈdge with gratefijl thanks the support andjor funding that has bgan promded 3ince 31 March 2022 and is being provided currerfy from the following Organisats'ons, Compani8s, Fund$. and Trusts Al Churthe$ Trust Benefact Trust Brookfield Sdlool Dartmouth Park Channing Sdwol Highgate Cty Bridg• Trust A DawCheW Designers Gwld Garfeld Weston John Lyon's Chawity L¥dy Gtyjld's Charity Laing Famity Trust London Borough of Camd•n Morrisons Foundation National lottery Awards fLY AJI National Lottery Comrwnity Fund Peabody Ccmmunty Fund Peter Harrison Foundation St Annes Churth Highgale St Mary'$ Church Dat1mouth Pa Si Michaels Church, Highgate The Mer¢ers Company United Reltsm Church, Highgate and many indiwdual donations, too many lo name SC*1Y. -27-
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