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