_COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 1 Holly Lodge Community Centre Company Limited by Guarantee # Report and Unaudited Financial Statements ## 31 March 2024 ## Trustees' Annual Report (Incorporatng the Director's Report) Year ended 31 March 2024 The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2024. Reference and administratve details Registered charity name Holly Lodge Community Centre Charity registraton number 293003 Company registraton number 2000056 Principal ofce and registered ofce 30 Makepeace Avenue London N6 6HL The trustees Barbara Smith (Co -Chair) Roger Elliott (Co-Chair) Anne Holve (Secretary) Karen Berges Kathleen Molnar [passed away November 2023] Oliver Spisak Josh Cedar Camilla Scaramanga Accounts - Constance Redgrave _COMPANY REGISTRATION NUMBER: 2000056_ 2 _CHARITY REGISTRATION NUMBER: 293003_ ## Holly Lodge Community Centre Company Limited by Guarantee ## Structure, governance and management Governing Document Holly Lodge Community Centre (HLCC) is a registered charity and a company limited by guarantee governed by Memorandum and Articles of Association. ## Recruitment and Appointment of Trustees Trustees are recruited by advertisement on the Holly Lodge Estate and appointed by election at the Annual General Meeting. ## Inducton and Training of Trustees Trustees were provided by HLCC staff with the Constitution and policies with such information as in the judgement of the trustee and the then staff is required to enable them to function effectively as a trustee, given the trustee's relevant experience. In addition, all trustees are encouraged to undertake relevant training provided by Voluntary Action Camden. ## Organisatonal Structure and How Decisions Are Made The Management Committee meets about ten times a year. These meetings make the strategic decisions involved in running HLCC. Day to day operational decisions are made by one or more of the trustees with the centre manager/social organiser . The Management Committee is made up solely of volunteers plus the Centre manager and Social Organiser who have been working with an accountant to keep the Community Centre and the Family Centre running. ## Connectons to Wider Network HLCC maintains active links with Highgate Newtown Community Partnership, Queen's Crescent Community Association (QCCA), Hopscotch Women’s Centre, Camden Community Centres Network, Voluntary Action Camden, St Anne's Church, Age UK, Volunteers Centre Camden, Friends of Waterlow Park,, Lauderdale House, Brookfield School, Highgate School, Channing School, Highgate Cemetery, Highgate Library, The Highgate Literary and Scientific Society, and Camden Council. ## Objects of the Charity (a) To improve the life chances for people living in and around Holly Lodge Estate in Camden - (b) To promote community cohesion regardless of background circumstances or identified community (c) To promote positive opportunities for vulnerable and excluded communities. ## Charity's Aims: HLCC aims to provide services under four main headings - (1) Services for older or vulnerable people - (2) Provide opportunities for activities for children to promote well being and community awareness. - (3) Opportunities for adult education and activities to promote well being (e.g. day, evening, weekend classes) - (4) Community Hall Hire. _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 3 ## Holly Lodge Community Centre Company Limited by Guarantee ## Objectves for the Year: The key objectives for 23 - 24 were: 1. To maintain the services set out above. 2. To seek outside services to support and advise local residents 3. To introduce new projects and activities 4. To find alternative sources of funding to replace cuts in council funding 5. To continue to support local residents with the cost of living crisis. ## Charity's Strategies To use all resources available to secure voluntary and private funding to maintain services because Council funding has been withdrawn from the centre. At the time of this report these objectives have been achieved. ## Strategic report The following sections for achievements and performance and financial review form the strategic report of the charity. ## Achievements and performance ## Signifcant Actvites: The Monday lunch has returned to its pre pandemic numbers, and we are welcoming around thirty + people to our freshly cooked three course meals with beverages. We reduced the price of the meals from £3.50 to £1.50 for many months to encourage people to return, and to help with rising food costs for local people. Diners often express their appreciation of the quality of food, and the lovely atmosphere that encourages socialisation. The kitchen retains its 5 star food and hygiene rating. A coronation workshop was organised ahead of the crowning of King Charles III where children were able to make their own crowns etc! We had a summer fair, which raised a little money for us, but mainly it was a success as a lovely social event, where everyone was able to enjoy home made bakery and face painting along with the opportunity to purchase goods. At Christmas we were able to again give a free Christmas lunch to around 65 people, along with entertainment and gifts. This was a particular challenge this year, as the electricity failed on the cooker. Our wonderful and resourceful cook managed to gather enough equipment from neighbours and volunteers to continue the cooking and the amazing Christmas lunch was served just half an hour behind time, to much applause from the diners! Lulu and all the volunteers are to be congratulated on their amazing efforts and hard work. _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 4 ## Holly Lodge Community Centre Company Limited by Guarantee The community Centre and TRA joined forces to host Santa again and his sleigh delivered presents to children on the estate, and carols, mince pies and mulled wine were enjoyed around the Centre afterwards. Two students from Highgate school were supported to help them to gain their bronze Duke of Edinburgh award, and we also welcomed members of the Harington Scheme as volunteers at the Monday Lunch. One of our trustees, Josh, organised a brilliant art exhibition in April – all local residents were invited to exhibit one or two pieces of art work, and the exhibition attracted over 200 visitors to the centre over the weekend, including local councillors and journalists. Carin went on training for food and hygiene with one of our Monday Volunteers, Jay, and she has also undertaken emergency first aid training. Martin took training as fire Warden. In January, residents were treated to a free evening talk by a gardener from the Sunshine Garden Centre, organised by another of our trustees, Anne. Again, it was a very successful and enjoyable event. A number of families from Afghanistan have recently moved into nearby flats, having escaped the harsh regime in their country, and HLCC has been hosting events to help to make them feel welcome to the area. A welcome party was arranged by the TRA, attended by over one hundred people, including the Leader of Camden Council; later an Eid party was organised in the Centre for the Afghan Ladies. A Centenary Committee has been formed made up of members of the Community Centre and the Holly Lodge Estate to plan for the centenary 2024. Events have been planned, and celebratory items have been ordered in the shape of tea towels, mugs and pens. We have been liaising with the charity “Hopscotch” to give the Afghan ladies the opportunity to learn English. The ladies meet every Thursday morning at the Centre, some bringing their very small children with them. We offer the hall space free for this activity. Our manager and social organiser produce detailed and lively reports, often accompanied by pictures of each month’s activities, which are greatly appreciated by the trustees. ## Fundraising Performance We have made a small loss this year due to the cessation of the National Lottery grant, but funds remain healthy . Income is derived mainly through hall hire, grants and donations. We received a very generous grant from the Lady Gould Charity to be able to support a Social Events Manager for two days a week for a year, and he has been working with our Centre Manager to _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 5 ## Holly Lodge Community Centre Company Limited by Guarantee organise cultural and social activities at low or no cost for the local community. He has organised fortnightly film showings on a Monday after the lunch, and several successful music recitals from students from the Royal Academy and the Royal College of Music. He has also organised free table tennis events and is a vital link between residents and the Community Centre. Our hard working and creative manager, Carin, has established a lovely “open house” on Thursdays where anyone can come along to learn how to embroider, or use a sewing machine, or to use the space for anything they wish to do, such as model making or painting. This time is also there for anyone who might simply wish to use the computers or wifi, or sit quietly and read in a comfortable warm welcoming place. Refreshments of hot drinks and sandwiches are provided for free. The eight mosaics that were planned for decorating the outside walls are also well under way, with anyone wanting to “have a go” able to stick tiles on. Roger applied for, and succeeded to get a grant of £32,000 to commission a film to be made about Holly Lodge for the forthcoming centenary. The National Lottery Grant has now come to an end, but we still have sufficient funds to continue to employ our manager, although we will be looking at alternative sources of grants in the near future. ## Volunteers The many volunteers on the estate continued to work to identify and assist people in difficulty. The food co-op continues its valuable work supporting local people to be able to access food at low prices. The community centre continues to give cupboard and refrigeration space for food to be stored safely and where it can be distributed to members of the co-op on a weekly basis. We have continued to support residents who need costly items by applying to the Lady Gould Charity and acquiring these goods for them. Our volunteers often make friendships through their voluntary work, benefitting themselves as well as the people to whom they are giving their time. They also develop skills that are transferable and can help in finding employment. ## Financial review The Statement of Financial Activities reports a total income of £70,018 for the current year, reflecting a slight decrease compared to £78,219 in the previous year. Meanwhile, total expenditure rose significantly to £76,330 from £47,392 in 2023. This increase is primarily attributed to the utilisation of previously carried-forward restricted reserves. As a result, the charity recorded a net deficit of (£6,312) for the year, compared to a surplus of £30,828 in 2023. This shift is due to the planned use of brought-forward restricted reserves. As of March 31, 2024, the charity's overall reserves stand at £122,281. Of this, £85,350 represents unrestricted funds, marking an increase from £76,010 in the prior year. The restricted funds total £36,931, a decrease from £52,584 reported last year. _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 6 Holly Lodge Community Centre Company Limited by Guarantee ## Reserves Policy The aim of trustees is to ensure that HLCC has sufficient reserves for at least three months running costs. This has been comfortably achieved at the end of this financial year. ## Principal funding resources and how expenditure supported key objectves: Following appeals to the local community, more donations have come to HLCC to help us with our regular services again. Some of these are generous "one off" donations, others are in the form of regular monthly donations. All of these donations are greatly valued by us, as they provide greater security for us to build up our services. One of our key objectives is to help people to overcome isolation and/or loneliness, and having a centre manager has enabled us to keep our doors open more frequently to anyone who wants to come in for a cuppa or a chat, and the Monday Lunch club has enabled people to confirm old friendships and make new ones. ## Present and future We are continuing to build and strengthen our relationship with other institutions in the area, particularly with Highgate Newtown Community Partnership, QCCA and the Hopscotch Women’s Centre. As a TRA hall, we are planning to offer more services to the local community at low cost or for free. Huge thanks as ever to our small but loyal and dedicated committee and other volunteers who put in many hours of work to keep the hall functioning. Our great sadness this year was the loss of our dear friend and trustee, Kathleen Molnar. She passed away in November, and is very much missed by us and all the other local organisations she helped and supported. The Christmas lights in Swains Lane were dedicated to her this year. Our thanks to Constance, who has been keeping our finances in order for us. ## Responsibility of the Executve Commitee It is the Executive Committee's responsibility to prepare the accounts for each financial year, which gives a complete picture of the state of the affairs of the organisation for the relevant period. The Committee is also responsible for the preparation of the assets and liabilities at the end of the period, which gives a true and accurate view of the organisation. The Executive Committee is responsible for keeping accounting records which disclose accurately the financial position of the organisation and also enable it to ensure that the organisation's accounts are prepared in a format acceptable to the Statement of Recommended Practice (SORP 2015 COMPANYREG15TRATION NUMBER.. 2000056 CHARITYREG15TRATION NUMBER.. 293003 Holly Lodge Community Centre Company Limited by Guarantee Holli Lodge Communlty Centre Company Llmtt•d by Guarant•• ISORP 20151. The Exe¢ulive ¢x)mmittee 16 8180 responsib￿ for s#legu8rding th6 0888ts of fraud 3nd oth•r Irmgularrtle8. E¥•¢utlv• CommlttM M•fflb•rn RArharA Smllh f.fvf.h8lr plpr.Iprt.IBrtiiAry ?n14. tri￿1￿￿ Roger Elliott- Ctrchgir. 018¢ted February 2023- tru8t88 Anne Hofve, 8ecretsry, - truslae C8mill8 Scarnmano8 - tru8t88 Karon BergeB- twltfje Josh C8dar- trusteè 01￿¢r Sp¥sak- Iru&t88 Kath￿an Moln8r- tru8t88 Ide¢.NDv.20231 M•nag•r Garln Thumsvjn M8rtin Fkyd Bernardlla HudBon Lisa Ros0 The Execullvo Committotr d6clare& that they ha¥• approved the eX￿u￿* commltte•'$ repryt above. Signed on behalf tsl th8 org8nisalion'6 Executive Commnlo* Barb8Ta Smith Po8llion.' Cfr Chalr Rogèr Elllott P08thon.' C￿ChaIr ThK*tniglpAo' Anni￿1 ￿￿rtA￿rtthW rWwgrA. gprynvwjf on t4haW of the boBrd of tsusteei by". •1gn•rt _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 8 Holly Lodge Community Centre Company Limited by Guarantee ## Independent Examiner’s Report to the Trustees of Holly Lodge Community Centre Year ended 31 March 2024 I report to the trustees on my examination of the financial statements of Holly Lodge Community Centre ('the charity') for the year ended 31 March 2024. ## Responsibilites and basis of report As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’). Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## Independent examiner's statement I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or 4. the financial statements have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Ms. Julie Kuriti Independent Examiner My Key Accountants Ltd 130 Balmoral Drive _COMPANY REGISTRATION NUMBER: 2000056_ 9 _CHARITY REGISTRATION NUMBER: 293003_ ## Holly Lodge Community Centre Company Limited by Guarantee ## Holly Lodge Community Centre ## Statement of Financial Activities (including income and expenditure account) Year ended 31 March 2024 **----- Start of picture text -----**
2024 2023
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 6,553 35,292 41,845 68,247
Charitable activities 6 28,162 28,162 9,923
Investment income
Other income 8 11 11 50
Total income 34,726 35,292 70,018 78,220
Expenditure
Expenditure on charitable activities 17 (25,385) (50,945) (76,330) (47,392)
Total expenditure (25,385) (50,945) (76,330) (47,392)
Net (expenditure)/income and net 9,341 (15,653) (6,312) 30,828
movement in funds
Reconciliation of funds
Total funds brought forward 17 76,010 52,584 128,593 97,766
Total funds carried forward 85,351 36,931 122,281 128,594
**----- End of picture text -----**
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities _COMPANY REGISTRATION NUMBER: 2000056_ 10 _CHARITY REGISTRATION NUMBER: 293003_ ## Holly Lodge Community Centre ## Company Limited by Guarantee ## Holly Lodge Community Centre Statement of Financial Activities Statement of Financial Position (continued) 31/03/2024 |note
**Fixed assets**
Tangible fixed assets
15
**Current assets**
Cash at bank and in hand
**Creditors: amounts falling due within one year**
Other creditors including taxation and social security 16
Accruals and deferred income
**Net current assets**
Total assets less current liabilities
Net assets
**Funds of the charity**
Restricted funds
17
Unrestricted funds
17
**Total charity funds**||
£
£
£
£
**600**
**801**
**122,689**
**130,299**
**75**
**75**
**933**
**2,431**
**1,008**
**2,506**
**121,681**
**127,793**
**121,681**
**127,793**
**122,281**
**128,594**
**36,931**
**52,584**
**85,350**
**76,010**
**122,281**
**128,594**
**2024**
**2023**| |---|---|---| ||note|
£| |||**600**
**122,689**| |||**75**
**933**| |||**1,008**| For the year ending 31 March 2024, the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: - The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476; - The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. These financial statements were approved by the board of trustees and authorised for issue on .......24/09/2024................., and are signed on behalf of the board by: Barbara Smith (Chair) Trustee _COMPANY REGISTRATION NUMBER: 2000056_ 11 _CHARITY REGISTRATION NUMBER: 293003_ Holly Lodge Community Centre Company Limited by Guarantee ## Notes to the Financial Statements ## Year ended 31 March 2024 ## 1. General informaton The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 30 Makepeace Avenue, London, N6 6HL. ## 2. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006. ## 3. Accountng policies ## Basis of preparaton The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterling, which is the functional currency of the entity. ## Going concern There are no material uncertainties about the charity's ability to continue. ## Judgements and key sources of estmaton uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. ## Fund accountng Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular future project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the terms of an appeal, and fall into one of two sub-classes: restricted income funds or endowment funds. _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 12 Holly Lodge Community Centre Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 ______________________________________________________________________ ## 3. Accountng policies (contnued) ## Incoming resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity; it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: - income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. - legacy income is recognised when receipt is probable and entitlement is established. - income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. - income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. ## Resources expended Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates: - expenditure on raising funds includes the costs of all fundraising activities, events, noncharitable trading activities, and the sale of donated goods. - expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims for the benefit of its beneficiaries, including those support costs and costs relating to the governance of the charity apportioned to charitable activities. - other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities. All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. _COMPANY REGISTRATION NUMBER: 2000056_ 13 _CHARITY REGISTRATION NUMBER: 293003_ Holly Lodge Community Centre Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ ## 3. Accountng policies (contnued) ## Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. ## Tangible assets (contnued) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. ## Depreciaton Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Equipment - 25% reducing balance. Office construction - 25% reducing balance. ## Impairment of fxed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 14 ## Holly Lodge Community Centre Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ ## 4. Limited by guarantee The company is limited by guarantee and every member undertakes to contribute £1 to the company's assets if it should be wound up while they is a member for payment of the company's debts and liabilities contracted before they ceased to be a member. ## 5. Donations and legacies |Donations
Donations
Grants
ACE Arts Council England
LB Camden Grant
National Lottery
Lady Gould S Charitable Trust
Donations
Donations
Grants
LB Camden Grant
National Lottery
Lady Gould S Charitable Trust|Unrestricted
Restricted
Total Funds
Funds
Funds
2024
£
£
£| |---|---| ||6,553
6,553
-
27,000 27,000
-
-
8,292 8,292| ||6,553 35,292 41,845| ||Unrestricted
Restricted
Total Funds
Funds
Funds
2023
£
£
£
34,060
34,060
-
10,000 10,000
18,786 18,786
5,401 5,401
34,060 34,187 68,247| _COMPANY REGISTRATION NUMBER: 2000056_ 15 _CHARITY REGISTRATION NUMBER: 293003_ ## Holly Lodge Community Centre Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ ## 6. Charitable activities |Luncheon Club Fees
Fundraising event
Community & Family Centre Hire
Luncheon Club Fees
Fundraising event
Community & Family Centre Hire|Unrestricted
Restricted
Total Funds
Funds
Funds
2024
£
£
£| |---|---| ||3,117
3,117
2,183
2,183
22,862
22,862| ||28,162 - 28,162| ||Unrestricted
Restricted
Total Funds
Funds
Funds
2023
£
£
£| ||1,685
1,685
1,327
1,327
6,911
6,911| ||9,923 - 9,923| ## 7. Investment income |7. Investment income||||| |---|---|---|---|---| ||Unrestricted|Total Funds|Unrestricted Total Funds|| ||Funds|2024|Funds|2023| ||£|£|£|£| |Bank interest receivable|-|-|-|-| |8. Other income||||| ||Unrestricted|Total Funds|Unrestricted Total Funds|| ||Funds|2024|Funds|2023| ||£|£|£|£| |Miscellaneous income|11|11|50|50| _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 16 ## Holly Lodge Community Centre Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ ## 9. Expenditure on charitable actvites by fund type |Direct costs
Support costs
Support costs|Unrestricted
Restricted
Total Funds
Funds
Funds
2024| |---|---| ||£
£
£| ||15,831 50,678 66,509
11,083 266 11,349| ||26,914 50,944 77,858| ||Unrestricted
Restricted
Total Funds
Funds
Funds
2023| ||£
£
£| ||30,097 16,189 46,286| ## 10. Expenditure on charitable activities by activity type |10. Expenditure on charitable activities
by activity type|| |---|---| |Principal activity
Governance costs|Support
Direct
Total fund
Total fund
costs
costs
2024
2023| ||£
£
£
7,346
67,201
74,547
44,784
1,783
1,783
1,520| ||9,129
67,201
76,330
47,392| ## 11. Net (expenditure)/income Net (expenditure)/income is stated after charging/(crediting): |Depreciation of tangible fixed assets|2024
2023
£
£| |---|---| ||200
266| _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 17 ## Holly Lodge Community Centre Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ ## 12. Independent examination fees |12. Independent examination fees||| |---|---|---| ||2024|2023| ||£|£| |Fees payable to the independent examiner for:||| |Independent examination of the financial statements|800|900| ## 13. Staf costs The average head count of employees during the year was 1 (2023: 1). No employee received employee benefits of more than £60,000 during the year 0 (2023: Nil). ## 14. Trustee remuneraton and expenses SORP 2015 requires one of the following statements to be made: - no remuneration or other benefits from employment with the charity or a related entity were received by the trustees. ## 15. Tangible fxed assets |Equipment
Cost
At 1 April 2023 and 31 March 2024
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
Carrying amount
At 31 March 2024
At 31 March 2023|Fixtures &
Equipment
Fittings Total
Total
£
£
£
- 801 801
- 201 201| |---|---| ||- 201 201
- 600 600| ||| ||-
-
-| _COMPANY REGISTRATION NUMBER: 2000056_ 18 _CHARITY REGISTRATION NUMBER: 293003_ ## Holly Lodge Community Centre ## Company Limited by Guarantee Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ |16. Other creditors including taxation and social security falling
due within one year
2023
2022
£
£
Sundry creditors 125 125
75
125
17. Analysis of charitable funds
Unrestricted funds
At 1 April
At 31 March
2023
Income
Expenditure
Transfers
2024
£
£
£
£
£|16. Other creditors including taxation and social security falling
due within one year
2023
2022
£
£
Sundry creditors 125 125
75
125
17. Analysis of charitable funds
Unrestricted funds
At 1 April
At 31 March
2023
Income
Expenditure
Transfers
2024
£
£
£
£
£|2023
2022
£
£| |---|---|---| |||75
125| |||| |Unrestricted funds||| |||At 31 March| |||| |||| |General funds|76,010
34,726
(25,385)
85,350
-
-
-
-
-
-
-
-|| |Designated Fund -||| |Capital Reserve||| ||76,010
34,726
(25,385)
0
85,350|| ||At 1 April
At 31 March
2022
Income
Expenditure
Transfers
2023
£
£
£
£
£|| |||| |||| |||| |General funds|48,177
44,033
(16,200)
76,010
-
-
-
-
-
-
-
-|| |Designated Fund -||| |Capital Reserve||| ||48,177
44,033
(16,200)
0
76,010|| |Restricted funds|At 1 April
At 31 March
2023
Income
Expenditure
Transfers
2024
£
£
£
£
£|| |||| |||| |||| |National Lottery||| |LB Camden grant||| _COMPANY REGISTRATION NUMBER: 2000056 CHARITY REGISTRATION NUMBER: 293003_ 19 ## Holly Lodge Community Centre Company Limited by Guarantee ## Notes to the Financial Statements (contnued) Year ended 31 March 2024 _________________________________________________________________________ ||At 1 April
At 31 March
2022
Income
Expenditure
Transfers
2023
£
£
£
£
£| |---|---| ||| ||| |National Lottery|37,605
18,786
(18,586)
-
37,805
8,000
10,000
(7,206)
-
10,794

2,094
5,401
(5,401)
-
2,094
92
(92)
-
-
862
(862)
-
-
665
(665)
-
-
474
(474)
-
-
1,891
-
-
1,891| |LB Camden grant|| |Lady Gould S Charit. Trust|| |Anya’s Mosaic|| |Trust (Equipment)|| |CIL|| |Family Centre|| |Promotion|| ||49,589
34,187
(31,192)
-
52,584|