Registered number: 01903408
Clwity number". 292440
THE SOMERS TOWN COMMUNITY CENTRE
ASSOCIATION (CAMDEN)
(A Company Limited by Guarantee)
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 MARCH 2024

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
Legal & Administrative Detalls
Trustees
D Sanglirajka. Chair
B Wee- Treasurer
S Abdallah
N Khabirpour- resigned 25 June 2024
R Johnson
Sswtt
S Raniga
J J¢nnings
S Oat¢s- appointed 25 Junc 2024
R Islam- appointed 26 March 2024
Company registered number
01903408
ChariLy r¢gisteTed number
292440
Registered office
150 Ossu15ton Street
London
NWI IEE
Company secretary
SJElie
Key Management
S J Elle- Executive Director
J Allen- Busine55 Elltffj)rise Manager
Z Rahman- Job Hub Manager
J King- Youth & Community Manager
Auditors
Simpson Wreford LLP
Well¢sl¢y House
Duke of Wellington Avenue
Royal Arsenal
Lonth)n SEI 8 6SS
Banke
CAF Cash Limited
Kings Hill
we￿ Malling
ME19 4TA

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
Contents
Trnstee's report
Indq)endent auditors, report
Accounts comprising..
io
Stst¢m¢nt of financial activiti¢$
Balance sheet
12
Statement of cashflows
13-23
Notes to the accounts

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Management Committee submit their Annual Rcport tog¢th¢r with the Accounts for the year ended
31 March 2024.
Governance
The members of the Board of Tn￿t￿8 conslitule Directors for the purpose of the Con)panies Act 2006 and
are appoinied in accordance with th¢ Artides of Association dated Junc 2021.
Somers Town Community Association (STCA) is a regi￿ered charity and a Company Limited by
Guarnlllee. It is run by a voluntary Board of Tn￿t¢CS, the only membeTS of the charity shall be those persons
appointed as Trustees of the charity and all persons appoint￿ as Trusl¢es shall be admitted as members.
AppoiDtmeDt aDd Inducilon of Trustees
The present Board of Trustees are responsible for the induction and trdining of any ncw members, when
considering co-opting trustees, the Board has regard for any specialist skills needed.
All ncw trustees undergo an orientation day to brief them on thcir Icgal obligation under ChaTiiy and
Company law, the content of the Memorandum and Articles of Associatioll, the committcc and decision
making PToces8. the organisation planlsand the recenl fllwi¢ial perforniance of the charity. During the
induction day they will meet employees and other trustees. Trustees are ¢n￿Uraged to attend
appropriate cxtcmal training events which will facilitate the undertaking of thcir Tolc.
Org￿1$￿tIOn
The charity is organi8cd in accordance with its governing documents and the deliverancc of Asswiation
business. The Board of Trustccs meets on a quorterly basis so as to manage its affairs and the day to day
managem¢nl 18 Ihe T¢spollsibilily of the Executive Director Mrs. S Elle M.B.E. The remaining staff are
employed to run kcy servi¢e5, programme activities. or have specific adTllilll5trdtive or building
s￿nsibilitIes.
Risk Management
The Board of Tn￿ceS have asse&8ed the major risks to which the Association is exposed, in particular
those relata to the op¢rations and finances of the A85(Kiation and are satisfied that sysl¢ms aff in place to
mitigate exposute to risk in¢lu5ive of..-
An annual review of the risk thc charity may face.
The establishment of systems and pn)CedUr￿ to mitigate identified and potential risks.
The implemcnlation of procedures designed to minimise any potential itrLpact on the ¢harity,
should those risks Mat￿la]iSe.
Somers Town Community Association Reserves poIi¢y'
Quarterly Board of Trustee mectings, bi monthly Sub-committee meetings inclusive of Finance
and HEL combined with quarterly finoncial revi¢w meetings and an Amiua] Budget covcring
Association income and exp¢ndilur¢.
t￿ring this year the knard reviewedluplatcd thc Ass(Kiation Risk Register template and its contents, whilst
also updating our Charity Ch¢¢klist.
Fundralslng Actlvhles
The Foundation does nol wry out any fimdrdising activities.

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
Obje¢¢lves and ￿e￿￿tIeS
Somers Town Community Association is a Charity dedicated to providing cohesive, inclusive and
innovative services. We strongly support empowering our community to create and spearhead all acliv¢
and responsive organization. This organization aims to producc a m¢aDingful and positive influence at
every level of people's lives. We value community in all its diversity and work vigorously with others to
pursu¢ tkL¢S¢ valu￿.
The principle objectives alld principle activities continue to be to promote the bellefit of the inhabitants of
the Somers Town El￿t0111 Ward and the neighknurhood without distinction of race, colour, n&tionRlily.
ethnic or national Origi￿ s¢x. maritsl status. gender reassigntnent. sexual orientation, religious belief,
disability, heal￿ age or other opinions by associating with the local authorities. voluntary organisation5
and illknbitsnts in a common effort to advance ojucation and to provide facilities in the interests of scKial
welfare for recreation and l¢i8ur¢ tim¢ owupation with the obj'ecl ofimprovijyg the conditions of life for
the said illbabitallts.
The stralegies employed io achieve ihe charity's objectives dre to.'_
Offer a broad and open prograD]me of activities so as to ensure the whole community are able
to access the centres progr￿llme.
Engage the local cottllnunity within thc dcvclopmcnt and deliverance of the activities
programme, utilising a muliitude of mechanisms inclusive of our websitelsocial m¢dia,
newsletters, flyerslposter& volunteering pro8tzmme. con)munity rescarch¢rs. ￿gUlar
consultation4 commuuity forums and ¢lrftion onto the of Trust￿ and Sul
Committees.
Seek to establish greater liJ)k8 Within the community so as to maximise our impact. inuease
our trach and ourcapacity. inclusive of extensive partJ)ership and collaborntive WOTking.
Strategtc ain
l. Enabling better awareness of and access to health and wellbeing for everyonc iu thc wmmunity.
2. Reducing ineqyalities around access to education, training and cmployment for everyone in the
3. Building resillence and advocacy.. ellLpowering everyone in the community lo access knoWI￿ge
and be better ¢quipp&l to ￿1p themselves.
Values
STCA'S values identify what is most import8nt to the organisation in tbe way it deliv¢rs th¢ vision. mission
and strategic aims. STCA al￿￿ lo be..
Challenging and comtnitted. working in a way that reflects both prnfessiona]ism and a caring
atlityde.
Empowering and ¢nablin& WO￿1￿8 in a way that is collaborntive and collllnullity-led.
C￿dible and trustworthy. working in a way that demonstrdtes transparency, inclusivity and
accessibility.
Public Benefit Te$t
Under the tenn8 of The CFJaTYties Act 201 l. the B(th of Trustees have a statutory duty to report on Ihe
Charitys compliance with the Public Benefit Test. The Board of Tr￿ste¢S ¢onsider that the aims and
objectives of the Association are able to deliver a public benefit and have given due regard to that fact.

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
Our Mission Statement and Strntegic Aims, both of wkn'ch have been reconsidered and mised as pth of
the development of OUT 2020-2025 Business Plan ¢nsure that at all times we are accessible and inclusive in
both our delivery and in our on-going development.
Aclivilies
The Principl¢ ath1viti￿ during the year in th¢ delivery of our aims and obje¢tiv¢s in¢ludal the provision
The Somers Town Job Hub.
The St Pancrns and Somers Town Living Centre deliv￿L￿g health and wellbeing services.
Youth programme.
Community Cafe in partnership with partners Think and Do, Somers Town Big IAJcal. Feast with
U8, Community Kitchen, Camden Council and Elfrida Rathbone Camden
Community Climak t£arning Hub
Health and wellbeing activities.
Make@Storygarden.
This year we Continued to work with local partlle￿ in¢lusiv¢ of Camd¢n Mobile food banK Eusion
Flxmlbank. Camden Council and C4WS to ensure loca] Tesidents are able to access food and necessilics.
We also continued to act as a warni Space during winter and 8UPPOrted people to access various cost of
living support funds.
Organisationally we continued to WO￿ to ensure that the environment and sustsinability are threaded into
all of our services and activities in a way that seeks to ￿ll￿te, inforni. cnable and guide our users as to the
impacts of clin￿ Change, bul in a way that does not detract from the immaliate chauengeslissues tbat
brought them into our centres. Addressing both simultaneously.
ou￿0￿¢$
STCA'S Se￿ICe and project provision is frtussed on the outcomes we seek for our commurtity and
beneficiaries. Some of these outcomes are listed below:
. Scryice users will be more able to makc choiccs & to livc morc indcpcndcntly for thcmsclvcs"
• Users will lead healthier lives in ternis of physical fitness, nutrition & general health awareness.
• Users will take more opportunities for personal development and learning tl)rougbout their lives.
. Individuals become active within their Communities and make positive contributions towards them,.
• A sense of community whereby individuals identify positively with others with whom they share the
centsr or the n¢igbi%)urhood ond feel they belong.
. Witl)in those communities aa increased commitment to care for and to include those who are either
vulnerabl¢ of excluded.
. Increassj awareness of enyironmelltal issues & practices of sustainable use and reuse of natural resour¢es'
. In¢r¢ased social in¢lusion & recognition of the value of diversity"
. Improved community safety & reduced fear of crime"
. Reduced local unemploymcnt by providing support, trdining & advicc to thosc sccknng work.
. Growth of new employment oprrt)rtunities tljrough the development of new local services and social
enterprises;
. More active living by providing a pmgrdttune of activitie5 that actively engages people mentally andlor
physically,
Improved social cohesion by increasing acquaintanceship, frielldship and social interaction bctwccn
ditTerenl groups and individuals in the community.
. Better mobility and access for those with mobility problems through affordable transport, acctssible
facilities and inclusive p￿grammIng.

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
A¢bievements and performance
Achievanents and perforjnance The financial results for the year are set out in the Statement of Financial
Activities on Page 13. The A8sociation has a surylu5 Position of £147.613 which is made up of a sU￿lUS
of £69,676 on CO￿ fiykds & a sutylus of £77,937 on ￿$trActed fund8 as at 31 March 2024.
The Board of Trnst¢es considers the following to be key achievements on tbis year.'-
Y4ew iD¢oming r¢50ur¢es
E. Camden Council Economic Development £56,055 (Job Hub)
2. LB Camden- Future Neighbourh(XKI_ £265.050
3. Phoenix Court Works do]￿tIon- £25.0(M)
4. John Lyons £45,000
5. Camden Advice Partnership £20,OIXI
6. Community Resilience, Camden Council £30,000
PerformAnce
During this year the strongest statement that can be made is that we are fil￿￿1allY soun¢ we have held
onlo aIl of our 8taff for this financial year and at least the next 12 months ahead and we have the requisite
SAX months olnuming expenditure for both STCA ¢or¢ and the Living Centre.
Finantial revie
The statement of Financial knivitie5 shows income for the year as £1,003,420 (2023: £926.865) and total
expenditure of £855.807 (2023: £863.961). There is 8m overall SUTplus position for the year of £147,613
(2023: £62,379) wELich is made up of a surylus of £77,937 oll restsicted (2023: d¢fi¢it of £8.769) and
sU￿lUS on Ullrestricted of £147.613 (2023.. £71,148)
Reserves Policy
The Board of Tn￿ bas ￿an)ined the Charity's requircments for reserves in ligbt of the main risks to the
association. It has eslablisbed a policy wh¢r¢by the unr¢stri¢t¢d fijnds not Committe￿ bul held by the
Charity should be 6 months of the planned Centre and Governance expenditure. Budgeted expendituff for
202425 is £2(K),121 for the core hence the Board of trnstec8 considcr thc ycar-end balance to be suiTicient
to meet this commitment. Similarly, the Living Centres budgeteAI expenditure for 2024-202 is £323.203 18
suificient to meet this commitment. The reserves are needed to meet the working capital requirements of
the cljan.ty aud the Board of Tntstees are confident that at this level they would be able to wntinue th¢
cunEnt activities of the association in the event of a significant (bop in fimding.
The reserves are needed to meet th¢ WO￿l￿g capital requirements of the clwity and the Board of Tn18tccs
are confident that at this level they would able to cotttinue the eurnt aetiviti¢s of the association in the
event of 2 significant drop in funding.
Enabllng lthr awareness of and aeee88 to health And wellbeing for everyone in the communlty
To continue to work with our health partners inclusive of C8Jndell Health Evolutio￿ to build an
open and accessible pr()gran)me of health activitieslservices at the Living Centre
To continue to deliver our C(M)k it Yourself sessions. linking in health and wellbeing. healthy
mindlbody and planet recipe advice and food waste reduction tips
To raise on-going filluling for our Fell￿e Health Advocat¢

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
To ￿ntInUe to deliver our Grow it Yourself sessions and ]ink in with the Cook it Yours¢lf sessions
and the n¢w Climate Con]munity Learning Hub
To work more Closely with older persons delivery partners to increase awareness and acces8 to
health and wellbeing services delivered in the locality for Ihis priority group
To work with Childr¢n Centre SeLvices to support the developmen¢ of the Family Hub network in
the locality
To deliver r¢gular monthly newsletters and support the delivery of the new Seasonal Activilies
newS1￿ter in partnership with I￿al partners
To add Health and Wellbeing page to new tiving Centre web8ite8 and ensure they ￿ kept up to
date
To deliver a Health partners event in Februarylmarch 2025 to showcase our worklresources and
identify fvture collaborative polentiat
Redueing illequa]itie8 around 8dccesS to education, training YdDd employment for everyone in the
community
To continue to grow and develop th¢ Somers Town Job Hub, in partnership with Good Work
Camden and partners, withnew areas of interest being Ihose economically, gtren jobs and delivery
of joint training with Camdcn CounGil
To look to develop a l(Kal Employme￿ Charter to share with local employers
To achieve Disability Confident Employer stattks
To review our Recruitmcnt and Selection policy and procedures to engL￿e that we are fair. open
and accessible to all
To work with Camdcn CoullGil and Somers Town Neighbourh(x)d Forum. as l￿d partners to
ensure the delivery of pbase 3 of FN2030, the project evaluation & what next stage inclusiv¢
of gre￿ job ¢reation
To deliver a Business event in January 2025 to showcase th¢ work and invitc potential
sponsorslpartners
To undertake a Teview of our Equalityy Diversity and Inclusion policies and imp1cme￿ a5 part of
thc Busin¢ss Plan 2025 development
To undertake an exterDal satary benchmarking ex￿18¢ inclusive of a rcview of London Living
Wage ¢ommitments across tILe sector
Buildikng resilience and advocacy: empowering everyone in the ¢ommuDity to access knowledge Ind
be better equipped to help Iben)selves
To undertake two external evcnts for us¢rs and stakeholdus in the developlllent of our Business
Plall 2025-2028. and feed the feedback into the BP itself
To work with CSM and Global Generation on the What Next for th¢ Story Garden and Make
beyond 2025, inclusive of discussions around meanwhilc space use afier the site moves into
development phase of the new British Library
To lead locally for the community and beyond as a m(Trdcl for other centreslVCS organisations on
the climate behAvioural change na￿ative through the development of the Climale Community
Learning Hub at STCA
To work towards becoming a Carbon Literate organisation Bronz¢. Silver and then Gold 2025
L£ad on the Business, Employment Education and Trdining sub-group of thc SotfLers Town
Neighbouthood Forum, as part of achieving designated status of the local plan for phase 3 of
the Somers Town Future Nei¥hbourhoods 2030 prograoMn¢
To build a closer working relationship with STLAC (some￿ Town tkgal Advice Corner)
To establish Consulting STCA. to launch in April 2025, whiGh will WO￿ with small/medium
groups to upskill and suptrf)rt

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
Somers Town Community Association (STCA) is a registetrd charity and a Company Limited by
Guarantee. It is run by a voluntary Board of Management Conunittee memba3 made up of groups usin¥
or based at the centre and people who live or work in the I￿￿1 community, who bave come together ill a
common effort to provide low cost activities for people who would nol otherwise be able to accc55 the¥ll.
Statement of the Board of Trystses Responsibilities
The members of the Board of TTUSt¢es are responsible for preparing the Annual Report and the Financial
Ststem￿ts in accordance with applicable law and regulations.
Company law requiT¢8 the m￿nber8 of th¢ Bo8ry1 of TTUSte¢8 to pr¢p8r¢ financial 5tst¢ment8 for ¢a¢h
rjnancial year. Under that law, the members of the Board of Trustees have elxtd to prepar¢ the fllwi¢ial
statement in accordance wtth United Kingdom Generally Accepted Accounting Practice (United Kingdom
Aeeounting Stsndards and applicable law). The financial statements are re<Juired by law to give a true and
fair view of the state of affairs of the company and of the surplus or dcficil of the company for that perio
In prepaTing these finaucial 5tstement5 the M￿]berS of the Board of Trustees are required to:_
Sel￿t suitsbl¢ accounting policies and apply them consistently
make judgcment and estinlates that reasonable and Prud￿¢
prcparc the financial 8tatements on the going Concern basis uJ)less it is inappropriate to presume
that the ASS(￿latiOn will continue its actLVlties.
The members of the Board of TnLs¢¢es ar¢ r¢sp(msiblc for the management of th¢ Association's activitie8
in accordance with its Memorandum and Arti¢l¢s of Association and the keeping of prO￿r accounting
records which disclose with reasonable accurw at any time the fmancial position of the Asso¢ialion, to
enable ensure tbat th¢ fllwicial statements comply with the Companies Act 2006. They atr also
resF%)nsible for safeguanling the assets of the Association and 1￿ce for tsking reasoDable st¢ps for the
prevention and detection of fraud and other irregularities.
Disd08ure of infonnatlon to Audltors
]n accordance with company law, as the Members of the Board of Trustees. wc certify that..
So far as we are aware, there is no relevallt audit infOrn￿tIon of which thc compangs auditors are
as th¢ Members of the Managcmcllt Committee we have taken all thc stcps that wc ought to hav£
taken in order to make ourselv&8 aware of any relevant audit inforn)ation and to establish that the
charitys auditors are aware of that infomiation.
The trnstees have complied with their duly in Section 17 of th¢ Chwiti¢8 Act 2011 to have due regard lo
the public iKnefJt guidanc¢ published by the Charity Commission.
Sign¢d on t*half of the board of Trustees on 3 October 2024
D Sanghrajka

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN) FOR THE YEAR ENDED 31 MARCH 2024
Oplnion
We have auditd the fmancial slatements of The Somers Town Community Association (Camden) {the 'Charity') for
the year ended 31 March 2024 which comprise the Ststemenl of Financial A¢tivits"es.. Balance Sheet and the related
note8 to the fiwcial statemenL8. including a summary of significant accounting policies. The fmancial reporting
framewoTk that been applied in their prq)arntion is applicable law and United Kingdom Accounting Standards.
including FIn￿CIal Reporting Standard 102: The Ftnancial Reporting Star￿jard appl?¢8bl¢ in the UK and Republic of
Ireland (United King(*)m Generally Accepted Accounting Practice).
In our (Vini0￿ the fman¢ial statements:
give a true and fair view of the state of the Charity's afftirs as at 31 March 2024 and of its in¢omin8 TC50urGcs
and application of resouwes for the yew then ended.
have been properly prepared in accordance with United Kingdom Generally Accepted Accountitig PTrciice,'
have beenprq)ared iti a¢cordan¢e with the requirements of th¢ Compati1￿ A¢t 2(X)6,
Basis for opinlon
We ￿n(kn¢t¢d our audit in a￿OrdanCe with International Stsndards on Auditing (UK) (ISAS (UK}) and applicable
law. OUT resFonsibilities under those standards are fiwther des¢n￿ed in the Auditor's resp)nsibiliti&q for the audit of
the fman¢ial ststements section of our report. We are indeF¢ndent ol the Charity in a¢¢ordance with the ethical
requirements thatore relevantto our auditof the fJnan¢Aal ststements in the UK, including the FRC's Ethical Statjdard,
and we have fulfilled OUT other ethical responsibilities in a¢¢ordance with these requirements. We believe that the
audit ¢videll¢e we have obtsined is sufficient and appropriate to provide a basis for our opinion
CoDc]ll￿onS rdating to going eoncern
We have nothing to rqK)rt in respect of the following matters in relati¢)n to wbich the ISAS (UK) Tequire us to Teport
to you where..
the In￿1￿$. use of the going Concern basis of a¢CoL￿ting in the preparation of the fmancial ststementb. is not
apprcyEia¢¢' or
the truslees have noi disclosed in the financial statements any identified material uncertainties tbat may cast
significant doubt about the Charity's ability to continue to adopt the going concern basis of accounting for a
period of at leasl twelve months from the date when the fu￿¢la1 statements are authorised for issue.
Other Inforn)•¢l•n
The tTusfres are respon￿7)1¢ for th¢ oth¢r infonnation. Th¢ other infonn8tion ¢ompris¢8 the infoThtion included in
the aunuai report otI￿r the fitwicial statemellts and our auditor's rewrt there0￿ Our opinion on th¢ flnancial
ststemcllts does not cover Ihe other lDf0rll￿tioD al￿, except to th¢ extent otherwise ¢xpli¢itly stat￿1 in our report, we
do not expre&s any forni of assurance conch￿10￿ thereoJL
In conncctiim with our audit of the financial statements, our rG8POns1Thility 18 to read the otb¢r infornwtion in
doing so, consider whether the other inforniation is tnaterially incon5i5tellt with tlle fmancial statements or our
knowledge obtsined in the audit or otherwise appears to be Tnaterially misstated. If we identify such material
Anconsistencies or apparent m&terial misstatements, we are required to detertninc whethey there is a material
missiatement in the fjnallcial ststements or a material mi&4tatement of the other itifornlation. If, based on the work we
have perfornied. we conclude that there is a ￿￿terial mi&statement of this other Infor[￿li0n. we are required to report
that facL
We knve nothing io Teport in tbis regard.
Oplnlons on other mAtters prescribed by the Cfjmpatiies Ae¢ 2006
In ow ¢)pitsion, based on the WO￿ ￿￿ertaken in the Course of the audit..
the infonnation given in the tru8tees' report (incorporatillg the strategic rwlrt and the directors. report) for the
financial year for which the flnancial ststtments are prepared 18 consistent with the fmancial statements. aDd
th¢th￿tees, report {incorpoTating the straiegAC report andthe directots, report) have been prepared inaccordance
with applicable legal requirements.

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN) FOR THE YEAR EIYDED 31 MARCH 2024
Matt¢r$ on whicb Yrfe are required to report by e￿eption
In the light of thc knowledg¢ undeThtanding of the Charity and its envirot)ment obtained in the wurse of the audil
we have not idetktifieAI material misst4t¢ment8 in the Tru8tees' AnDual Rep
We have nothing lo Ieport in resp¢Gt of the foik>wiAg D)atteTh in Telation to whicb the Compallics Act 2006 requir
to rewri to you if, in our opinion..
adequate aC￿￿nting records have not been kept or retutLs adequate for our audit have not been re¢eived
brdnches noc visited by us.
the f￿a￿la1 statements are not ID agreement with the accounling records and retums.
we have not obtained all the itiforn]ation and explanations necessary for the purp08a8 of our audit,.
the directorswere entitledio prepare the finan¢io1 $tAtements inac¢ordan¢ewith the small Companies. regime
and tske adv8ntsge of the small Companies, exemptiort in preparitig the directors. report and take advantage of
the small compatiies. exemption from the requxrement 10 prepare a 8trate8i¢ report.
Responslbllltles of the trustee8
As explained more bjlly ill the th￿tee9. rwonslbilities statement set out on pages 9-10, the trLLsLee8 are ret4)OJL8ilyle
for the prep￿ati0ll of the f￿all¢la1 statements and for beitig satisfied that they give and fair view, alld f<x Such
internal contril as they deterniine is necessary to enable the prep8ration of financial stsletnents that are free from
aterial mi88tatenM¢ whether due to fraud or error.
tn preparing the firjancial statements, the t￿slee$ are responsible for &8ses5ing the Charity's ability to conlinue as a
going wllcem, disclosing, as app]icabl¢. matters Telated to going concern and using the going concern basls of
counting unless the In]sttts either intend kn iiquidats the Charity or to ¢¢as¢ operations, or have no realisti¢
alt¢rnJtiv¢ bu¢ to do so.
Our respollsRbAllties for the audfit of the finatteial $tatements
Our objectivcs are to obtaill reasonable assurdnce aboul whether the finallciai statements a whole are free from
material Tlli&statCmEll¢ whetheT due to fraud or error, &nd to issue an auditor'5 rq￿ that I￿ludeS our opinion.
Reasonable assurance is a bigh level of assurance but is not a gugrantee that an audit cOnd￿*d ID a￿OrdanCe with
ISAS (UK) will always detect a Ma￿rial misstatement when it exists. Misslatements call aris¢ from fraud or e￿Or and
are c4)nsidered material if, individually or in the aggregate, they could reasonably be expected ￿ mfiuence the
economic decisions of users taken oll the basis of these financial statements. A fi￿￿er description of our
responsibiliti&8 for thc audit of the financial statements is located on the Financial Reporting Cowicil's website aL
[www.frc.OT&uWaudit0￿eSpOD9lbi1iti¢5]. This de￿iption forrfjs part of our auditor's re￿rt.
Extent to whlch the amdlt WA8 ¢onddered ¢gpoble of drte¢dng Irreguigrities itttludiDg fraud
the engagemeDI partner ensured that the engagement t¢arn wllectively h￿1 the appropriat¢ Co￿petenCe,
capabilities alld skills to identify or reco￿lse non-eompliance with applicable laws regulations.
we identified th¢ laws and regu]ations applicable to th¢ company througb dis¢ussions with directots and otller
rnanagem¢Dt, and from ¢)ur comtnerci81 knowledge and experi¢n¢e of the ¢on]puler software and SLWrt sector.
we focused on Sp￿lf1¢ laws and regulations which we considered may have a dIr￿t nYdt¢rial i)n th¢
fm4ll¢ial State￿¢￿15 or th¢ ¢)perdtions of th¢ wJ)]pally. inoluding th¢ CompaDies Act 2006. dath proiection alld
FCA regulatioI
we 4sS¢5s¢d the ext¢nt of compli4nre with the laws and regulations idenlifi¢d above thTough makjng enquiries
of mallagem¢nt and inspecting legal correspond¢nc¢' and
identified regulations were communicated within the audit team regularly And the team remained
alert to instances of JKJn-comp1ia￿e throughout the audiL
Audlt response to rtsks Identlfkd
Wc a￿Ssed the suscq)tibility of the company's finxttcial statements to material mi45toiemenL in¢luding obtaining an
under5taThding of how fraud D]ight occur. by:
making etlqlliries offt)ana8ement AS to where they ¢ottsidered there w&8 sus¢q)tslJility to fraud, theirkllowledge
of acts￿1, suspected and alleged fraud. alld
considering the internal controls in place to mitigate rAsks of fraud attd non.con4)llan￿ with Jaws and
regulations.

INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN) FOR THE YEAR ENDED 31 MARCH 2024
To address the risk of fraud through management bias and ovuride of ¢ontro]s, we..
fornied aDalyti¢al procedures ￿ identify any unusual OT unexpecied relationships.
tested journal entries to idenlify unusual trans￿tions.
&sSes￿d whetheriudgements and a￿ptionS made iti deteminitig the ￿O￿ll(l￿8 estitllates set out in Note I
were indicative of potential bias,. and
investigated the ra¢ionale behind significaDt or UDLLsual transactio￿￿.
In response to the Tisk of itTegularlti￿ and non-compliance with ]aws and regulations, we designed procedures which
includeiL but were not litnited to:
agreeing financial statement di￿10$ur¢S to underlying WPFWting do¢uTnetttatioll and.
enquiring of nmnagemenl as io ackn￿1 and p)tential litigation aud ¢laints.
There are inbereni ]iJnitaiions in our audit procedures de5CTib¢d abov¢. Tb¢ more removed tbat laws and regulatiitrlls
xe from fu￿1¢la1 transactions, the kss lik¢ly itis tbai wewould beeome awareof non.complianee. Auditing s¢aFLdards
also limit the audit prwedures requir￿ to idelltify llott-compliallce witb laws and rekwlations to thjquiry of the
directors and othernthnagement the itispe¢tton of regulatory and legal eorrespondence, if any.
Material mi5Statenwits that aris¢ du¢ to fraud catt be harder th detect than those that arAse from UTor &$ they may
involve delib¢rat¢ wnc¢a]m¢nt or ¢ollusion.
Use of our report
This report is madc 501ely to the ChaTity's members, as a b(dy, in accordance vrfith Chapter 3 of Part 16 of the
Companies Act 2006. ()ur audit work has been undertaken so thal we might state to the Charity's members those
matt￿3 we are required to tsrtate to them iti an auditor's rep￿ and for no other putpose. To the fullest extent pernjitted
by law, we do Dot accept orassume Tesponsibility to anyone other the Charity's member% &4 a body, forour audit
work. for this or for the opinions we have forned.
Kate Taylor FCA (Senior Statutory Audltor)
for and on beh4if of Sin)piott Wreford LLP, Stathtory Audltor
Wellesley House
Duke of Wel]ington Avenue
Royal Arsenal
London SE18 6SS
D&ted: 9 December 2024

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
STATEMENT OF FINANCIAL ACTIvrrIES
(INCORPORATING tNCOME AND EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 MARCH 2024
Unrestslcted
2024
Restrlcted
2024
Total 2024
Totsl 2023
Note
Ineome from:
112.613
112.613
114.807
CIMritable activities
145.741
728.909
874,650
807.430
InveslmeDt income
16.157
16.157
4,628
Totsl Income
274511
1003.420
926 865
ExpendltuTr on:
2,032
1,906
3,938
1.313
Charitsbk a¢tiYits¢$
670.991
670,991
709.889
Operation of centre
180,878
180,878
153,284
Total Expendlture
182.910
672 897
855 807
864.486
Trnnsfer bet￿eell fwids
13
(21.925)
21.925
Net Movement of Funds
69.676
77.937
147.613
62,379
Reconclllation offunds
Fund8 a¢ l April 2023
Futtds at 31 March 2024
649.364
586 985
579 340
217 637
The Staiemenl ofFillancial Activities includes all gains and losses in the year. All income and expenditur¢
derive from continuing activities.
The notes on pages 13 to 23 fonn part of these ruw￿la1 ststements.
io









, Chair 

Company Number: 01903408 (England & Wales) 




THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
STATEMENT OF CASHFLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notss
Cuh llowl from oper*llng Ot￿ltIeS.
Net provlded by (nstd in) optrntiDg *tiviliei
A8
91.056
Camh flom from hhvestIn8 ￿ti￿deS.
Ithrest r￿ell￿d
Net c4gh provlded by (￿ed In) InV•$th￿ %tlvllks
1&157
16.157
4,628
4.628
Change in Cash and ¢4$h ¢￿￿vaknts in th¢ ￿poN￿lgErTx￿l
Cash atxl ¢ash ¢qu1￿k1)ts at the be8i]nD)8 of tTr¢ r¢1xAlti)gw￿a
Cash cash equivalents at the end of t￿ reF*Jtllig peTDd
95fj84
580.648
676J32
676332
758
12

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
l. Accounting Polficies
J.1 Accounting conventton
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of R￿0Mmended Practice applicable to charities preparing their accounts in accordance with
th¢ Financial Rwrting Stsndard appIl￿ble in the UK and Republic of Ireland issued in o￿ober 2019, the
Financial Reporting Stsndard wilicable in the United Klngdom ajjd Republic of Ireland (FRS 102), the
Charities Act 2011, the Companies Act 2006 and UK Generally Accq)ted A¢counting Practice.
The Somers Town Community Association (Camden) meets the definition of a public benefit entity under
FRS 102. Assets and liabilities are initially r¢cognised at histori￿1 cos¢ or tranS￿lI0n Val￿ unless
otherwise stated in the relevant accounting policy notes. The Tr￿Ste¢S consider there are no mateTAal
uncertainties about the Charity's ability to corLtinue as a going concern.
1.2 Charity information
Ibe Somers Town Community Association (Camden) is a registered charity, registration number 292440
and in consequence is exempt from taxation on income arising from and expended on its charitable
activities.
The charity is a company limited by guarantee, incorw)rated in England and Wales. The registered office
18 150 Ossulslon Str¢eL LO]￿0￿ NWI IEE.
The financial ststem¢nts atr pr￿ared in sterling. which 18 the fimthional currency of the charity. Monetary
amounts itk these fiDan¢ial stalements are rounded to th¢ nurest £.
During the year, the affairs of the ASs￿latIon were managed by the Committee of Management who
¢onslitute Director5 for the PUryK)ses of the Companies Act 2006. In the event of the charity bein8 wound
up. the liability in respect of the gllAra￿ is limited to £1 peT member of the charity.
The fmancial statements are prepared under historical cost conventioL The wincipal acwunting policies.
all of which have been applied consistently throughout the year.
1.3 Going Concern
At the time of approving the financial statements the tnjstees have a Nsonable expectation that the eharity
has adequate T¢source8 lo conlinue in opcralional existence for the foreseeable ￿ture. Thus the trustee8
Continue to adopt the going concern basis of accounting in preparing the financial statements. There arc no
mat¢tial uncertainties about the charity's ability to continu¢.
1.3 F￿¢dA$s¢1$
The cost of all equipment acquired is written off in full in the year of acquisition.
1.4 Income & Eyenditure recognition and Support Costs allocations
Inconle is recogllised when the clwity bas entitlement Éo the fi￿ds. any perforniance conditions attached
to the items of income have been meL it is probable that the income will ix received and the amount can
be measured reliably.
13

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIvrrIES FOR THE
YEAR ENDED 31 MARCH 2024
The Charity derives a substantial proportton of its income from centre activities fimding for specific
projects and in re£ent years, letting income. Such funds are recogoised and ent¢r¢d into the accountillg
records whenthey received. Coronavirus JobRetention Scheme (CJRS) grant income iSPTesented gross
(and not netted off against expenditure). Income is deferred where there is no entitlement for the fimds as
at th¢ balance shed dale. Other income, sucJL as bank intercs( is accounted for when receivabl¢ and the
amount can be measured reliably by the clLarity' this is nornially upon notification of interest Paid or
payable by the bw)k.
All expenditure is accounted for on aCcn￿& basis. Support costs are those that assist the work of th¢ chariiy
but do not directly represenl charitable activlties and include office costs, goven)Ance costs. adtlliIllstrdtive
payroll costs. They are incurred directly in supikn of expenditure on the objects of the charity and include
projecl management C4nied out ￿ boih cell1￿ 8. Where support costs cannot be directly attributed to
partieular headings they have been aIlWat￿ to ¢ost of expenditure on Ch￿Itable activities on a b&sis
¢onsist¢nt with us¢ of the resources.
Debiors and creditsrs receivobl&/payablg within oney¢or
Debtors and creditors with no stated interest rate and receivable or payable witbin one year are record￿ at
traJ)saction price. Any losses arising from itnpairmenl are r¢(x)gDised in expenditure.
1.6 Cl￿rI￿bIefyn￿%
Unrestrictsd fiujds are reveDue ￿nds, principally Grant Ail and Letting incomc used to run the association
on a day-to48y basis. Trse are available as general fi￿d$ or for pury)oses as dcsignated and agreed by ail
Ihe Trustees. The Asso¢iation have discr¢tion to usc such funds within the framework of its ar￿U&L grant
application to Camden Council and in line with the conditions of Grant Aid.
D¢sigDat¢d funds are ufjre8tii¢te&fvnd8 ¢aTmark¢d by th¢ Tru5t¢¢s for paTiicularpuryoses.
Restricted Funds are grants received from ally source for the sole use of st¢¢ifi¢ prOj￿ts for which the
fimding was granted. At the discretion of the Management Committee, once a proje¢t
has fillfilled its condition4 remaining balances are Ferniitted to be transferred between appropmle fimds.
1.7 Financial inslrt4Tnents
The charity has dectcd to apply the provisions of Sertion I I 'Basic Financial Instnllllents, and Section 12
'Oth¢r Financial Instrum¢nts Issu￿, of FRS 102 to of its financial instruments.
Financial instrumetLts are Tecognised in the cl]atity's balBnce sheet when th¢ ¢l)arity becomes party to the
contractual provisions of the instnllnent.
Financial assets and liabilities offset. with the net amounts presented in the fitwicial statements, when
there is a legally enfoTc¢abl¢ right to Set off the recognised amounts and there is an intention to s&tle on a
net basis OT to realise the asset and settle the liability sitnultarLeously.
Basi¢ financial assets, which include debtors aDd cash and bank balaDCeS. ar¢ initially measured at
transaction price including transaction costs are subsequently carried at amortis¢d cosl using the
effective interest method un]ess the amgement constitutes a financing transactio￿ where the tTansaction
is measwed at the present value of the ￿tUre receipts discounted at a market rate of interest. Financial
assets classifi¢d as re￿1vable within on¢ y¢ar are nol am¢)rtised.
14

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
Basic financial liabilities, including creditots and aCcn￿lS are initiallyrecognised attrnnsactionprice unless
the arrangement constitutes a finattcing transaction, where the debt instrument is measured al the present
value ofthe future payments discountedat a marketrateofinterest. Financial liabiliiies classified as payable
within one year are not amortised.
Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary cou￿e
of operations from suppliers. Amounts payable are classified as current liabilities if payment is due wiihin
one year or less. If llot, they are presented as non-currenl liabilities. Trade creditorn are r¢¢ognised initially
at trallsaction prkce and subsequently measured at amortised cost using the effective interest method.
1.8 Retiremeni benefits
Payments to defin¢d contribution retirement ￿nefit schemes are charged as an expense as they fall due.
1.9 Leases
Rentals payable under operating leases are charged ts) the Statement of Finan¢ial Aetivities on a straight-
line basis over the period of the lease.
2. Crltleal aceounting estlm4tes and Judgenjents
In th¢ applicalion of the charity's accounting ￿lIC1C￿ thc trusle£s requiTcd to makc judgemcnts,
estimates and assumptions about the carrying amount of assets and liabillties that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experi¢￿e And oth
factors that are considered to be relevant. Acthal results may differ from these estimates.
The estimates and under]ying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period ill which the estimate is revised where the revi8ion affects only thai
Peri04l or in the period of the r¢vision and fvtur¢ periotLs where the r¢vision affects both current and fvtur¢
periods.
3.1 Grants and donations
UnrEStrirted Restiictfd
2024
2024
Total 2024
To¢•1 2023
GTrnts and DoDation¥
Donations
London Borough of Camden
Strategic Parther Fundtsig
El￿tr￿al Cost Reimbursement
27.613
27,613
29,807
85.000
85,(KK)
85,000
111613
112.613
114,807
15

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIvrrIES FOR THE
YEAR ENDED 31 MARCH 2024
3.2 Cbarltable ineome
Uttre￿Il¢led R#tritt
2024
2024
Tot*1 21124
Total 2023
Charltsble Actfvltks
Big Lrtal Trn5t
Big L&*t¢ry
BME Ernpl(ym¢nt Projert ILB Carnd¢n)
Breakfast Club
Camden Advice Pathetsh4)
Camdett CentrAI N￿bourh(m)d
Camden Givtiw (Employment Fund)
Camden Healthy Livtijg Centre
Camden yO￿th FO￿18¢m)n
Camden- FuwTe NeiOJbourhood
Desigjated Youth Fund
Frauri5 CrKk In5titut¢
Fran¢ig CrKk Enstitut¢. Cookins Proj¢¢t
FuTkN]8h Grant
Jturc Ne1￿]bO￿h￿d FuTJd
JdTr Hub
Jthn Lyths
Kitchcn s(￿￿]
Lctting It)come
Living Centre Hire
NatK)tLa] Lottcry Awards for A
Natiotlal Lottuy s[￿s Youth
RrsikThc¢ Comrnwiity F￿ding
T Facior Communty Joumoltsts
VAC
Café Income
Sundry Incott)e
5.OLN)
18,693
56,055
s,￿0
l8.693
56.055
84,980
57,3(
I,￿0
20.0(K
28.280
29.804
20,0
20,LNJO
3D.orx)
5.0
265.050
30,(M)O
s,￿0
265,050
30.(NXk
8,(K)O
220,108
215.11
5,0(X)
215.106
5,LXIO
104,441
280
45,0(M)
151X)
280
45,(KK>
15
33.549
99.731
43,(AK)
33.549
99.731
37.923
94.114
9.520
13.521
30,OLX)
6,628
11,076
13.521
30.1KK>
6.628
11,076
8,5
7,650
21.304
12.461
11461
145.741
728.9(Y)
874.650
807 430
258.354
728.9(
957.263
922 237
16

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTtVITIES FOR THE
YEAR ENDED 31 MARCH 2024
4. Ineome by activity
Re#rleted
2024
Actlytly
2024
To¢*1 1024
Tothi 20LI
20,fKK)
20.000
20,0
9,520
61,772
28,280
29,804
84,980
Aw8rds For A
BME Empby￿e￿I Ptoi¢£t
Cam(kn Cemrnl NeWJbDurhiKwJ
C'arn&n Oivin8 F.TnPknYrn￿t fvnd
Climatr knn Fund
C'oDktiis Pmjt¢t
56.055
56.055
18,693
18.693
99,731
215,106
314.837
332,352
8.0
104.441
tksy*Led Youth
Fvkn¢N¢isbbDuthd
LiwCeDtre
265.050
30,000
280
40,000
2,500
3U,O(W)
265.050
30.OLK)
280
40.OLK)
2,5NJ
30.0(K)
149.660
Job Hub
Jobn Lyons
Resiknce Communrty
Sonjers Town CeDtre
Swrt5 yO￿th
Sumowr Youth
s￿dry
T Factor CornDMEnty
VAC
Yowh CT[.
YDllth Oirb Grollp
Youth Rc5wknrol
8,500
154.721
149.660
8.963
13.963
9.910
6,405
628
6.628
11,076
5.0
5,000
5,000
30,000
3,6(YJ
258.354
728.909
6J
932 285
258.354
728 909
63
5. Total expenditure
expthkn111U
lots] 2024
Totsl 211LI
TDiurwKc
Bgnk eha
Bod debt
1.79
3,582
88
5,227
72
525
8,053
1292
5.200
7.972
4.5
4.590
2.610
5,350
20.592
8.r23
13,826
12J,?96
80,139
Athlit Fee
It￿1 & prof¢55K?r
Ulibtits
0ifKe co*5
5.350
8,40
7.152
2.148
18.823
148.874
71,877
574,446
3,674
9.758
Premise5 COMS
41.958
487.376
1.289
2.032
665.192
94,341
067
1.51)6
7,356
3,938
855 807
3.438
864.486
Rrf¢llt7rrfilov of&vppfft
F¢¢
BBnk Ib
bl4r4rmcn( lllic
1675
1675
88
13,3501
28.280
17

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
6. Expendfiture by actlvlty
Aetivity
Unrnstsleted Restsleted Tot412024
Totsl 2023
Advice
Awards For All
BME EMP￿￿llent PrOJ￿l
Camden Central Nelghbouthi￿)d
Camd¢n Giving Empk>yn)¢nt fvnd
17,625
2.822
22.261
17,625
2.822
22,261
15,172
4,674
83.420
21,819
10.168
24.204
92,154
286,183
97.427
52.453
27,949
31,660
252,688
158.368
9.040
52.453
27,949
31.660
252,688
158,368
9.040
cjill￿te ActN)n Fund
Crick
Future Neigbbourhood
Heahhy LiviDg
J)]]pact Fund
Job Hub
Jobll Lyons
Kitchen Social
LCF Wave 3
Lonthn Satellite Club
Kesi]ience Community
Somers ToTr%n Centre
Sports Youth
Summer Youth 2022
T Factor C<)mmunity
VAC
Youth
Youth Café
Youth Girls Group
Youth CIL
2,181
102
50,119
522
102
50,119
522
44,279
525
8,588
153.987
13.638
13.638
182,910
381
14,190
6,628
11,076
182.910
381
14.190
6,628
11.076
9,910
3.599
768
607
768
6.196
182,910
672,897
855,807
864,486
18

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
7. Stsff costs
Staff cosLs for the year were as follows:
2024
2023
Wa¥r$ and salaries
Social security costs
Other F*nsion costs
532.774
38,506
10.437
581717
527.082
37,242
574.484
The average nuTDber of ernp]oyees during th¢ y¢8r, ¢￿￿lated Lm the b￿lS of tine #aff, was as follows..
2024
2023
Numbcr of Centrc Staff
36
29
No employee was pgid a W rner than £60.000.
8. Debtors
2024
2023
Trade debtor8
Accrued income
Prq)ayments and other debtors
54.656
6,628
4.878
1.947
11,758
18.583
9. Creditors
2024
2023
Trade creditors
Accruak and other cr¢ditot
Deferr¢d incon
Taxation and social security) pension
5,553
6.360
17.785
16,895
7,942
10,319
10. Taxation status
The charitable company is exempt from corporation tax as ajl its income is charitable and is appli
for Ch￿itable purposes.
I l. Related party transaction
The Key Management Personnel of the charity ￿rnprise the Executive Director, the Business
Enterprise Manager, the Job Hub Manager, and the Youth & Community Manager (2023: 4). The
total ¢mploy¢¢ bcn¢fit of the key managernent p¢rsonnel for the year was £178.103 (2023..
£190,121).
The Management Committ¢¢ have not received any remuneration and no travel or meeting expenses
were r¢imburs¢d to trust¢¢s during the year (2023: Nil).
19

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
12. Trustees expenses
Non¢ of the trnstees (or any persons connected with them) received any remuneration or benefits
from the charity during the year (2023.. NAI).
13. Reconcillatlon of funds
Bai¥Dce H¢ I
Aprl 2013
BAlance at 31
Thilliftn Mireh I
Expclldltyre
Re$trl¢ted
AW￿d5 For All
BME Empk)yment Proj¢
BTrkfa5tc￿b
Buddillg
Camden AdvKe Parttter5hy) (CAP)
Catnden Certts81 Ne]thtx)w]M)od
C*Ddert Gl￿B.EmpknyMQrt fllrtd
cam￿ Youth
CCOLORS
CIL (Youth PrO￿aT￿ne)
Cjllnate Action F￿d
Cookery Ctub
Edward Haryi81 Ttust
Fran¢i% Crick
Futur¢ ￿,￿Sh￿)uThQod FuTrJ
Healthy L]vll￿ C¢ntr¢
Itnpact FWKI
Job Hub
John Lyon$
Klt¢hen S￿￿1￿1
LoJbJon Satelitte Chjb
NI1￿[￿] Lottery Sports Y¢)uth
Nel￿b)U￿O0d Forum
ReEiknceCommutLty
spa￿ Hiv¢ CharIwn Street
SUn￿yoU￿
T F￿tOr0)MMynity
VAC
Youth Qfé
YouthGitts Grow)
(18221
122.2611
2,024
33.794
1,9
3.752
8,471
56,055
1,9tN)
3,752
20.wo
(17.62S)
53.505
(52,4531
1,052
5.(YJO
23,804
14.2Y2
127.949)
(31.660)
4,145
11,325)
18.693
5,(X)O
5.(KJO
215,106
265.050
30,IX)O
1252,688)
(158.368)
(9.040)
37,582
(40.(MJO)
13.249
79.931
20.960
280
40,WO
2.500
{i(r2)
150.119)
{522)
178
1,97ti
13,521
{381)
13,140
3,965
17.830
14.209
3,965
30,IK)O
113,638)
1,468
14,269
5,(rf)O
6,628
11,076
114.IW)
{6,628)
111,076)
{768)
9.168
768
5.IM)O
728,909
4.393
217.637
J39,7
(672,897)
21,923
DeslgD*ted
M8k¢ 5pa¢¢
Youth
5,975
(S.9751
Unrestrltted
ore Community Cthtre
Lfv1n8CE]￿t UtwestrKted
Capital
272,474
208,614
22.6DI
s￿.664
174.780
99,731
(182,910}
38,542
(54.4921
302.886
253.853
22.601
579 340
274.511
IR2.910
219251
649.364 1003 420
855,807
20

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTivrrIES FOR THE
YEAR ENDED 31 MARCH 2024
14 Restricted funds
AwardsforAllfvnd- this fi￿d is to pay for female youth safdy worker, who will Ilnk in with the
wider youth team and session delivery.
Camden Advice Parlnershipfvnd- this fimd is to pay for a youth infonnation, advice and guidance
worker who will link in with the wid¢r youth team and session delivery.
Brealrfa&t Clubfund- this fund was secured from Camden Council to allow us to deliver breakfast
to children from thos¢ families mosl in n¢¢d, linking in with our wann spa￿$ off¢r and community
larder offer. providing a full family offer when linked to our work in the Somers Town Job Hub.
Carndep2 Giving Employmentfynd- this fund is to nm Job Hub links, inclusive of an admin w>st,
management, training, and associated costs.
Climate Action fynd- this fund was secured from the National Lottery to deliver an 18 month
Climate Action Market on Chajton Street Market, STCA are the lead with partners inclusive of
University of the Arts, Central Saint Martins, University of Londo￿ and the Knowledge Quarter.
CIL Youthfvnd- this fund is to pay for our sports and physical activity youth worker who will
link in with the wider youth team and session delivery
Somers Town F￿Ure Netghbourhoodfvnd- this is part of a £7 million fimd being delivered by
the GLA as part of the Mayor of London's New Grcen Deal programme, Somers Town was one
of OT]ly two areas fund￿ fully and Somers Town Community Association is one of the Community
leads, with Camden Council being the nam￿ contract lead
Cri¢k- this fvnd is an ongoiog contracl with the Francis Crick institute to deliver the St Pancreas
and Somers Town Living Centre.
Resilience fynd - this fund is to support our Warm Monday session, staff $llp￿rt fund and
conllnunity larder
Neigkbourhood Forum fvnd - this fund is money we are holding foi Somers Town Futur¢
Neighbourhood in the capacity of their banker
Sports Youihfynd- this fund is to assist fi￿dIThg of a part time post to deliv￿ activites a8 part of
Youth Sessions
T Facior Community projectfynd - this fund is for a projed in partnership with the T Factor
proj¢ct in partnership with C¢ntral School of Martins University of the Arts Lnndon, running from
F¢bTuary to May r¢crniting and training community journalists
21

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
IS Funds Transfers
The following fimd transfers have been made during the year.
From unrestricted fimds to CIL to cl¢ar the deficit.
From unrestricted funds to Jolll] Lyons to fund the increase in lead role's salary, not initially
budgeted for in application
From unrestricted funds to Resilience to cover the utilities costs
Other small transfers have been where there is a cross Sh￿ing of services and costs between
projects.
16. Operaling lease combnfilmellts
At 31 March 2024 the company was Committ￿ to making the following payments under non-
anccllable operating leases..
2024
2023
Pajqnents due
334,688
360,938
17. Deferred Ineome
Income of £11,785 (2023: £10,319) has b¢¢n d¢f¢rred ¢ith¢r to match the period of terms on the
It documentation or the terms of the invoices. for the following:
2024
Letting income
£11,785
2023
Letting incnme
£10,319
Income of £10,319 was r¢leaS￿ in the cU￿t puiod.
22

THE SOMERS TOWN COMMUNITY CENTRE ASSOCIATION
(CAMDEN)
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE
YEAR ENDED 31 MARCH 2024
18. RecoDciliYdtion of net Income/(expenditure) to net egsb flow from operatlng aetlvldes
2024
2023
Net incomel(expenditure) Ahr the repor¢in¥ peiiod
AdiL8tments for.
tkdwt It￿reSt r¢ceived
Decrease in debtors
Increasel(&crease} in cre(litOT%
Lyet e*sh provlded by (used in) opernting activities
147,613
62J79
(11157)
(59289)
16.1211
(4fi28)
30.825
23