2022-03-31-accounts - The Somers Town Community Association (Camden)

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Legal dr	Administ	rative Detai	ls	ls
Trustees			D Sanghrajka - Ckuir
			BWee - Treasurer
			M Jervis —resigned	25	January 2022
			H Cadiou —resigned	16August 2021
			SAbdallah
			N Khabirpour —appointed			1	April 2021
			RJohnson- appointed		1April 2021
			SScott —appointed 25		January 2022
			SRaniga —appointed 26September 2022
Company	registered	number	0190340g
			292440
Registered	office		150Ossulston Street
			London
			NW1 1EE
Company	secretary		SJElie
Key Management			SJElie —Executive Director JAlien —Business Entequise				Manager
			JKhan —Living Centre		Manager
Auditors			Simpson Wreford LLP
			Wellesley House
			Duke ofWellington	Avenue
			Royal Arsenal
			London SE186SS
Bankers			CAP Cash Limited
			Kings Hill West~
			Kent
			ME194TA

FORTHE YE	AR E	NDED	31MARCH	2022
			Unrestricted	Restricted
			2022	2022	Total 2022	Total 2021
						g
		Note
Income gomi
Grants and donations		3.1	106,750	2,081	108,831	186,143
Charitable activities		3.2	136395	493,877	630,172	699414
lnvesunent income			110		110	211
Total Income			243,155	4954158	739,113	885568
Expenditure on:
Raising funds			1,825		3,850
Charitable activities			31,497	594341	625,838	499,182
Operation ofcentre			132393		132,393	135,786
Total Expenditure			165,715	596366	763,081	634,968
Transfer between	funds	13	(15,547)	15447
Net Movement ofFunds			61,893	(84,861)	(22~)	250,600
Reconc%ation offunds
Funds at 1April 2021			376,623	233330	609953	359353
Funds at 31March 2022			438616	148,469	586985	609,953

CIIRREIIITASSETS
Debtors		8	49,409		86,971
Cash atbank and in hand			580,646		640,026
			630,055		726,997
CREMTORS: amounts	falhng due
within one year		9	~43070		117044
NET ASSETS				586985		609,953
CHARITY FUNDS
Iiesiricred funds		13		148,469		233330
Unrestricted funds		13
Somers Town General Funds				218976		197,495
Community Cafd General Fund				22,601		22,601
Living Centre General F'und				1966139		156,527
				438416		376,623
TOTALFUNDS				586,985		609553

FOR THE Y	EA	R	ENDED	31~C	H 202	2
							2022	2021
						Notes	Fuads	Funds
								g
Cash gows gum operating			activities:
Net cash provided	by (used in) operating			activities		18	~(59,490	264369
Cash gows gum investing			activities:
Interest received							110	211
Net cash provided	by (used in) investing			activities			110	211
Change iu cash and	cash	equivalents in the~period					(59380)	264580
Cash and cash equivalents		at	the heginumg ofthe reporting		period		640,026	375,446
Cash and cash uivalerm		at	the end ofthe	reporting period			580,646

3.1 Grants and dona	tions
		Unrestricted	"Restricted
		2022 f	2022 r	Toto12022 g	Total 2021 d
Grants ond Donations
Dcautious		11Q58	2,081	13,439
london Borough ofCamden
Strategic Purmcr Fundhg		85,000		85,000	85,000
COVID-19 Discretionary	Grant				50,000
CDVID-19Busiaess Grano					31,143
Electrical Cost Reimbursement		10392		10,392	20COO
		106,750	2,081	108,831	186,143

3.2 Charitable income
	t)mes trtcted	Restricted
	2022	2022	Total2022	Total 2021
Charitable activities		f	f
BBCCbikkun inNeed (New)		23438	23538	40,051
BigLottery BMEEmployment Project {LBCamden) Camden AdviceP~		28,710 35~6 20,000	28,710 35~6 20,000	60467 20,000
Camden Central Neighbourhood		28280	214280
Camden Giving Covid 19Respome Camden Giviag~nt Fund)		292104	29,804	6,000 57893
Camden Impact Fund		70,000	70,000
Camden Youth Foundation		11,032	11,032
Camden - Future Neighbourhood		10460	10460
CIL(Youth Programme)				30,000
Designated Youth Fund
Edward Harvist Trust Food Hub(C~Hub) Francis Crick Institute			192,727	1~00 9,954 191,197
Furlough Grant	1/21		1,821	76390
John Lyons			44fwt0
Ktckstart scheme	17,172		17,172
LCFWave2				23,036
LCF Wave 3				50,000
Lendlease Foundation				2)ge
Letting Income	448110		448)10	28,605
Living Centre Hire	58,784		58,784	14/17
Sundry Income	13,608		13,608	910
Tbe Power to Change Covid 19Community
Led Recovery Scheme (CCLORS)				77888
	136295	4932177	630,172	699214
	243,045	4958)58	739,003	887887

THE SOMKRS TOWN	THE SOMKRS TOWN	THE SOMKRS TOWN	COMMUNITY	COMMUNITY	CENTRE ASSOCIATION	CENTRE ASSOCIATION	CENTRE ASSOCIATION
(CAMDEN)
NOTES TO THE	FINANCIAL			STATEMENTS		FORTHE YEAR
ENDED 31MARCH		2022
4. Income by activity
				IJmw striated	Restricted
Charitable activities				2022	2022 f	Total2022f	Total 202I
BBCCh7tten in Need (Wew)					23438	23438	40,051
BigLottery					28,710	28,710
BlviE Bmphyment Project (LBCamden)					35426	35~6	60467
Camden Advice P taetship					20,000	20,000	20,000
Camden Central Neighbourhood					28280	28280
Camden Giving Covid 19Response							6,000
Camden Giviag (Bmpkrymcm	Ftmd)				29,804	29,804	57ct93
Camden Impact Ftmd					70,000	70,000
Camden Youth Foundation Camden - FutureNe~					11,032 10560	11,032 10560
CIL(Youth Programme)							30,000
Designated Youth Ftmd							694
BdwardHarvist Trust Feel Hub(C~Hub) French Crick Institute					192,727	192,727	12,500 95154 191,197
Furlough Grant				IJI21		1,821	76390
Jolm Lyons					44,000	44,000
Kickstart scheme				17,172	-	17,172
LCFWave2							23,036
LCFWave 3							50,000
Lendhase Foundatkm							2,000
Lettina Income				44,910		44,910	28605
Living Centre Hire Sundry Income The Power toChanae Covid 19~				58,784 13,608		58,784 13,608	14317 910
Led Recovery Scheme (CCLORS)
				13 95	493877	630,172	699cjd
				243.045	495958	739.003	csm7
Total expenditure
		Insect Camttabtc		Centre	Ssmmk
			expenditure 4'	cpcrsnclls f	Costs f	Tctal2022f	Totsl2821
Insurance			2488	2.488		4976	4AZc
Bank charges						120	98
Sucdiy			7353			9487	13,853
Acccuetancy			1374			2/81	9279
Amgt Fee					5,NO	5,000
Leasl dt messsiccsl				6755		10.426	5301
Vtigics				13,124		13,124	121126
Ofiice costs			It/10	6255		17,465	I8dy53
Direct pmject cxpesses			124,745	4575		129,120	12t,738
Prcudscs ccsm			38Al63	3L435		69.498	42519
Stafccats Trsllmg slsirccrehucst			401,469 4467	89,186 1,112		490,655 5~	396,4O6 7rt86
Pccdrsisieg			025	I825		3 50
				139996	3120	762081
Rtcettccettce ofccp7rcrt ccsm							germ ifappclececcmc
Audk Fee				2580	15nool		tlovcmeccc
				120	i12OI		Agcectcd tocmsre ccerstices
.~scmmct mcasnm Qmc m centre	cps)			28 98			Alhcctcd an time spent
				04218		762.081

6. Expenditu	re by activity
				Allocated
Activity		Unrestricted	Restricted	support costs	Tota12022	Total 2021
		f	f		f	f
Children InNeed			32,149		32,149	36288
Advice			18,732		18,732	24,690
Camden Giving Employment fund Camden CentmlNe~			33,491 18,871	5,088	33,491 23tt59	25~2
Comate Action Fund			4,743		4,743
CCOLORS			26,190	688	26,878
Cookery Cktb Crick CrickC~Festival			224,906	434 16363 288	434 241469 288	143,440
Edward Hsrvit Tmst
Engind Lane			327	(327)
Impact Fund			67281		67,881	19,985
Food hub			554	803	1357	6/86
People's lruit and	veg					5,754
John Lyons			37,221		37221
Kickstarters		14,437			17,172
Interview Lab			7427		7,627
LCFWave 2						23,036
LCFWave 3			6,117		6,117	43,883
BMEEmphymem	Project		70293		70493	31387
Make Space		14,325			14325
Stanhope				2,011	2,011
Youth CIL			15,010		15,010	4,780
Youth			6,591		6491
CCLORS						16,122
Furlough		1,821			1,821	103211
Somers Town Centre		160,795		(28398)	132397	135,786
Other				315	315	2,000
		191 78	570703		762,081

Statfcosts for the year were as fogows:	Statfcosts for the year were as fogows:	2022	2021
		s	s
Wages and salaries Social~costs		451,062 30,943	367,073 22,647
Other pension costs		8650	6 606
		490655	396,406
The average number ofemployees	dutiog the year, calculated on the basis offull time staff, was as fogowst
		2022	2021
Number ofCentre Staif		25	23
No employee was paid a sahty Neater than 660,000.

8.Debtors
		2022	2021
Trade debtors		21,894	31448
Accrued incotne		10460	44,639
Prepayments	and other debtors	16tl55	11,084
			86S75

Trade debtors Accrued incotne Prepayments and other debtors .Creditors	21,894 10460 16tl55	31448 44,639 11,084 86S75
	2022	2021
	t:
Trade creditors	22,493	22,900
Accruals and other creditors	6375	13/49
Deferred income	3377	73A41
Taxation and sochtl secutily, pension	10,825	7,454
	43.070	117,044

13.Reconcili	ation of	funds
			Bslsace atI				Balance at 31
			April 2021	Income	gkpenditure	Transfem	March 2022
			8	g		8	8
Restricted fends
Chikben In Need			7,970	23,538	(32,149)
Camden Advice	Partaership	(CAP)		20,000	(18,732)		1,268
Building			3,752				3,752
Camden Giviag	Employment	fuad	48,624	29,804	(33,491)		44,937
Camden Central	Neighbourhood			28,280	(23,959)		4,321
Chmate Action Fusd				28,710	(4,743)		25,467
CCOLORS			26,878		(26,878)
Cookery Club			434		(434)
Francis Crick			30,1?0	192,727	(241,269)	18,372
Crick Community Festival			288		(288)
Edward Harvist	Trust		22				22
Impact Fund			62	70,000	(67,881)		2,181
CIL (Youth Programme)			25,220			(1,016)	24,204
Food Hub			1,357		(1,357)
John Lyons				40,000	(37,221)		2,779
Interview Lsb			8,114		(7,627)	(487)
LCFWave 3			6,117		(6,117)
BMEEmploymeut ~jest			49,627	35,226	(70,293)	487	15,047
Stanhope			2,011		(2,011)
Somers Town Future Neighbourhood				10,560		(4,325)	6,235
Summer Youth				15,032	(15,010)		22
Neighbourhood	Fomm		3,965				3,965
Space Hive Cbarlton Street			14,269				14,269
Youth			4,135	2,081	(6,591)	375
Sports Activators			315		15
			233,330	495,958	(596,366)	15,547	148,469
Designated
Make space				10,000	(14,325)	4,325
Kickstarters				17,172	(17,172)
Uuestririted
Core Communky	Centre		197,495	157,199	(134,218)	(1,500)	218,976
Living Centm Unrestricted			156,527	58,784		(18,372)	196,939
Capital			22 601				22,601
			376623	243 155	165715	15547	438516
			609953	739113	762081		586985

			2022	2021
				f
Net incense/(expenditure) ter the reporting period A~ for:			(225t610	250,600
Deduct interest received			(110)	(211)
(Increase)/decrease	in debtors		37/62	(24,892)
Increase/(decrease)	in creditors		~73%4	38,872
Net cash provided	by (used in) operating	activities	59490

			Total2022		Tatal2021
		6	8	8	6
Greats and Donations
Prayamm				186,143
Nursery Grants
			120rU9		186.143
Othsy Income
Restricted Funds
BBCCbikken mNeed (New) BigLottery BME~Prrgect (LBCamdsa) Csmdea AdviceP~ Camden Central Neighbourhood Camdm Giving~Frmd)		23538 28,710 35vD6 20,000 28280 29)!04		8k567 20,000 57S93
Camden Impact Faad		70,000
Camden Youth Foundation Camden - FuaaeNe~		H3132 10560
CIL				30,000
Designated Youth
Edward Harvest Trust				12500
Food Hub				9S54
Frsach Crick Institute		192,727		191,197
Iolm Lyons		44388)
LCF Covid				233)36
LCF Wave				50S00
Lendless tk Les Fouadstion				23l00
CCLORS				I
			493,877		572,992
~Unteatric ~F
Bank Interest		110		212
Furhugh Grant		IS21		76S90
Kicks!art scheme		17,172
Letting Income		44SI0
Livmg Cemre Hire		58,784
Suadry Income		1500		910
			124/97
Totallncome			739,113
Charltabh Aegvlgss r''		596366
Unmstricled Fuods		31r497
					499,182
Raisiag Fnads
dFunds		23125
Unresnicted Punds		IS25
			32150
Operations ofCentre
Repsm dr Maiahnsnce		1,957		7P/6
Pmvisioas
Other				4476
Coosukancy Casts				150
Giga, Dcaadcm 8 Subscripricns				6580
Support Cash		124970		114,197
Governance Ccats				3%7
			130568		135,786
Tahd Expelugtnra			76k081
Net(Degcit)/Surplus	ibr the Year	~968