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2022-03-31-accounts

Registered Charity Number 00295829 Registered Company Number 02069107

CASTLEHAVEN COMMUNITY ASSOCIATION

Consolidated Financial Statements

For The Year Ended

31 March 2022

Prepared by Chartered Accountants 66 Earl Street Maidstone Kent ME14 1PS

Castlehaven Community Association

Report and accounts Contents

Page
Charity and Company information 1
Trustees' Report 2
Statement of Directors'/Trustees' responsibilities 11
Independent auditors' report 10
Statement of Financial Activities 14
Balance sheet 16
Cashflow statement 17
Notes to the accounts 18

Castlehaven Community Association

Company Information

Directors and Trustees Derek Jarman
Rosemary Lewin
Paul Henriot
Rebecca Cheshire
Greg Ferrari
Bruce Fielding
Matthew Stephenson
Christina Nunn
Tricia Richards (not a trustee)
Auditors Hamilton Coopers
Chartered Accountants
66 Earl Street
Maidstone
Kent ME14 1PS
Registered office The Community Centre
21 Castlehaven Road London
NW1 8RU
Charity Number 00295829
Company Number 02069107

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Castlehaven Community Association

Trustees Report

The report of the trustees for the year ended 31 March 2022

Introduction

The Trustees present their annual report and accounts for the year ending 31st March 2022.

The Trustees of the Board are satisfied with the performance of the charity during the year and the position at 31st March 2022 and consider that the charity is in a medium position to continue its activities during the

Name, Registered Office and Constitution of the Charity

The full name of the charity is the Castlehaven Community Association which is a company limited by guarantee and a registered charity governed by its memorandum & articles of association with charity number 295829 and company number 02069107. The charity registered office is The Community Centre, 21 Castlehaven Road, London NW1 8RU and was incorporated on 30th October 1986.

Board of Trustees

The Castlehaven Community Association Board of Trustees are all volunteers elected annually at a meeting open to all local residents. For logistical reasons there were two Board of Trustees during this accounting period:

Committee 1[st] April 2021 31[st] March 2022

Matthew Stephenson Derek Edward Jarman
Paul Henriot Bruce Jon Fielding
Rosemary Lewin Greg Ferrari
Rebecca Cheshire Christina Nunn
Additional subcommittee Members 1st April 2021
31st March 2022
Brenda Gardner Mena Charlick
Katherine Cox Christina Boettner
John Paino Jonathan Williams

Tricia Richards was elected as Company Secretary.

Trustee recruitment.

The governing documents of the Castlehaven Community Association requires 1/3 of the Board of Trustees to stand down each year. Standing down members may be nominated for re-election.

The Board of Trustees aims to recruit a minimum of 2 new members each year based on the identified skills gap of the Board &/or the experience of the recruit. All nominations are publicly elected at the Castlehaven

No other person or body external to the charity is entitled to appoint one or more members to the Board of Trustees.

Trustee induction and training.

All new Trustees shall undergo a full induction delivered by the Castlehaven Chief Executive Officer &/or the Castlehaven Chair of the Board of Trustees. The induction will include the full completion of all paperwork as it relates to Companies House & the Charity Commission; a full and detailed explanation of financial recording, organisational structural chart, policies & procedures.

Relationship between Funders and Committee Members

There is no known relationship between any funder and any member of our Board of Trustees.

Objectives of the Charity

Castlehaven Community Association (CCA) aims and objectives are:

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efit of the inhabitants of the London Borough of Camden without distinction of sex or of political, religious or other opinions by associating the local authorities, voluntary organisations and inhabitants in a common effort to advance education and to provide facilities in the interests of social welfare for recreation

Public Benefits that are Provided by the Charity

y its commitment to equal opportunities. The Association addresses its aims by: Providing classes, groups and activities for all sections of the community. Representing local opinion at local, borough-wide and national forums. Exploring and developing innovative and effective ways of promoting social inclusion. Developing local solutions to local problems and promoting standards of good practice.

CCA has a clearly defined structure allowing CCA users and local residents to participate through an elected Board of Trustees. This governing body has responsibility for policy and overall management of CCA and all of its activities.

The day to day running and development of the Association is in the hands of the staff team led by the hief Executive Officer.

Review of Past Activities During Year Ending March 31[st] 2022

In serving the aims and objectives of the Association CCA has during this last year offered:

Overall, this small but high profile, vibrant community association continues to develop and respond to the needs of local residents.

Closure of our social enterprise business - The Littlehaven Nursery

and retain qualified and experienced staff. Coupled with the increasing cost of agency staff; the decline in registrations of children joining the nursery; increases in energy and building maintenance costs plus inflation affecting food and equipment prices made the nursery no longer viable.

As a result of these multiple negative impacts The Littlehaven Board of Directors felt they were no longer in a position to deliver the quality of services young children need and deserve. Regrettably at the board meeting on 19[th] October 2022 the Board considered they had no option but to close the nursery on Friday 28[th] Oct 2022.

Transactions & Financial Position

The statement of financial activities shows income for the year of £ 1,330,276 with expenditure of £1,030,101 leaving a surplus of £ 300,175 At the end of the year we carry forward a reserve of £ 940,528 of which £613,078 is unrestricted, £261,178 is designated for the expense and £ 66,272 is restricted to projects.

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Reserves Policy

In line with Charity Commission recommendations the CCA Board of Trustees aims to achieve a 30% unrestricted reserve of annual turnover. With an annual turnover in the region of £705K per annum this equates to an unrestricted reserve in the region of £212K. At this level, the Board of Trustees considers that, in the event of a significant drop in funding, the charity would be able to continue delivering services whilst replacement funding is sought, or the charity is wound up. At present the unrestricted and undesignated reserve is £613K, which is in line with our target. The Board of Trustees is considering ways in which additional unrestricted funds may be raised.

Designated Funds

In recognition of expenditure committed, the CCA Board of Trustees has designated £261,178 which will be paid in the following year.

Risk Assessment

The Board of Trustees has conducted a review of major risks to which the charity may be exposed.

External Risks:

The significant external risk is that of funding. The Board of Trustees has developed a Reserves Policy to address any sudden withdrawal of core funding and is working towards implementing this fully as soon as possible. The Board of Trustees has developed a strategy that allows for diversification of funding for activities. should funding be withdrawn for any one project other CCA projects will continue unhindered.

Internal Risks:

Financial risks are minimised by the implementation of procedures for authorisation of all transactions and projects and to ensure consistent quality of service for all operational aspects of the charitable company. These procedures are consistently reviewed to ensure they continue to meet the needs of the charity.

The potential loss of key personnel is minimised by offering staff career enhancing training, structured supervision, annual appraisal and paying the market value for their post.

Potential risks to clients and users are minimised by ensuring all staff and volunteers complete a Disclosure and Barring Service (DBS) check before working unsupervised with any clients and users.

Potential risk to Trustees is minimised by insurance cover.

Auditors

Hamilton Cooper 66 Earl Street Maidstone Kent ME14 1PS

Bankers

Currently the group have the bank accounts with the following banks ~~:~~

CAF Bank Ltd Co-operative Bank Scottish Widows Bank Barclays Bank

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Strategic Report 2021-2022

The Castlehaven Community Association (CCA) will strengthen its presence and improve its reputation by conducting regular outreach, social and holistic activities with and for the community. CCA will continue to fundraise and in including connections with philanthropic organisations, businesses and individuals. During 2022-23 the Association will continue to:

Provide a plethora of hybrid activities to increase our reach within our communities. Represent local opinion at local, borough-wide and national forums.

CCA has a clearly defined structure allowing CCA users and residents to participate through an elected Board of Trustees. This governing body has responsibility for policy and overall management of CCA and all its activities.

The day to day running and development of the Association will continue in the hands of the staff team led by the

Key Achievements & Developments during April 2021- March 2022

During 2021-2022 CCA was in recovery mode after the Covid-19 pandemic regulations had lifted. We worked extremely hard to make sure that all our facilities and activities were C-19 safe and activities that could continue to run at a hybrid level did, so that many members still accessed classes from the comfort of their homes, whilst they readjusted into coming safely back into our community centre. To support the roll out of vaccines especially for communities suffering health inequalities, we invited the Covid-19 vaccine bus to park outside our centre several times during the year, which gave vaccinations to those that had not joined a GP practice, were asylum seekers or were homeless.

Staff returned to work on site through a rota system, so that we could open safely and start to provide much needed activities the community had not been allowed to attend face-to-face during 2020 and mid 2021. This worked, and the community started to return and access our services and benefit from these. We were also happy to welcome back community groups to our facilities, that had been deprived of face-to-face contact due to the C-19 regulations, such as the LGBTIQ+ Community Hub run by the Black Cap Campaign & The Outside LGBTIQ+ project.

We worked over several months on a new 3-year Business Plan as our last one was outdated due to the impact the pandemic had on our finances and services. We created our business strategy by setting up a steering group that included trustees, staff and volunteers. This proved a great way of making sure that all voices were heard, and the strategy was relevant and robust.

In March 2022 the 3 year Big Lottery funding stream for our popular elderly project Ageactivity+ was coming to an end, so in 2021 we evaluated the project, as we were aware the pandemic had an effect on our elderly members mental and physical health, and we wanted to make sure a new project tackled this head on with supplying an array of activities and social events that elderly members would benefit from. We arranged a forum with members of the community, trustees and staff, who met over a number of months to discuss ideas and what the project would provide and what was needed to help people recover from the pandemic. The forum Health Action Team (HAT) decided the HELF project should be for adults aged 18yrs+ and involve social prescribing, also the project should not just be for elderly members, but should include several elderly classes and activities which improved mental health & physical fitness.

We carried out surveys and did rese very interested in our new HELF project idea. We built a partnership with the Prince of Wales Medical Centre (our nearest GP Practice). And through this partnership they applied for NHS funding for a new Social Prescriber

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Once the HELF project idea was finalised we applied for Community Infrastructure Levy (CIL) funding for the new HELF (renamed Health Haven) 12mth pilot project. Which started in April 2022.

Whilst we created the HELF project, we also secured 3 years funding by The Mercers Company for a new elderly project called Interweave, which started in April 2022. This was smaller than the previous Age activity+ elderly project as the funding was less. The new Interweave project only had 1.5 staff instead of the Age 3 staff members. We were pleased to be able to continue providing a project for the elderly, as it is a lifeline for so many elderly people we work with.

We applied for Mayor of London funding to provide a 6mth LGBTIQ+ sports project called Outsiders United. This project started in Jan 2022, we provided free Football training, Running sessions, Chi Gong & Tai Chi classes to improve physical health of those who may not attend sports due to not feeling accepted in mainstream sports and gyms. This proved a popular project in partnership with The Outside LGBTIQ+ Project.

We continued to provide our Foodbank service during 2021-22, as our Foodbank still provides much needed food parcels, including fresh fruit & vegetables, to those living in the Camden Town Ward, that were affected by food poverty as a direct effect of the pandemic and increasing cost-of-living-crisis. We also provided food supplies to Afghani and Ukrainian refugees, that were placed in a nearby hostel for a period of months before they moved on.

Our foodbank has been recognised as being one of the best run Foodbanks in Camden, due to this we have been interviewed by BBC Radio London, The Independent and Camden New Journal newspapers for our stories and experiences working with those living in food poverty.

We receive regular food donations from large supermarkets such as Morrisons, Sainsburys, Coop and also free food providers such as Fareshare and the Felix project, plus many more. We started a new partnership with the Unity Works (Employment for Adults with Learning Difficulties) who provide our foodbank with freshly cooked meals. Which has proved a great success, not only for those who receive the meals, but also those who have learned how to do catering in large quantities, increasing their chances for future employment. The CCA board have agreed to continue the Foodbank project during 2022-23.

Our community parks are a valued green outdoor space for residents, workers and transient people to use and benefit from. We had several CSR groups (Business volunteers) come along and help maintain the parks and gardens we manage. We also had a growing number of volunteers help our project manager and community caretaker with all manner of tasks from leaf clearing, pruning shrubs to food growing and grass cutting, plus much more.

During 2021 we held several memorial events within our parks. As one long standing trustee and two elderly project members passed away, we decided to plant new trees in their memory within our community park. These trees are now flourishing and helping us combat air pollution.

In 2021 we were asked by Camden Council if we would like to bid for the licence of the Elm Village Community Garden (Kings Cross Ward), to manage and maintain this green space for the wider public to benefit from. The board agreed for us to take on the licence and we began the process. We were happy to be able to share our talented licence was agreed, we planned an open day event in May 2022, which went extremely well.

We were invited to be part of the Camden Goods Yard Working Group, which was set up by Morrisons and St George developers, who were starting the development on the Chalk Farm Morrisons site next to Camden Stables Market. This working group is consulted on the development of community facilities within this huge new development and also for ideas on how they will be used and managed. We were pleased to be part of this group, as it could bring us many opportunities in the future and links to a community that do not currently use our centre or services.

h was a real success. And we ran a 6-week parental course with Camden Early Years department, where families learned many aspects of relationships with one another and their children and what young children need in place to have a safe and healthy childhood.

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Our new Activ8 afterschool project for 8-13yr olds and Youth Hub project for 13-19yr olds thrived when we reopened. We provided a plethora of activities ranging from chess lessons, martial arts classes, football training, street dance, basketball and MET Police cadets sessions. We also increased our sessions so that we could provide school holiday clubs, where children could come along and do cookery, multi-sports, trips out and arts & crafts. All of these activities were offered for free, so many sessions were full especially the football training sessions, which is a very popular activity as the children can use our Astro turf football pitch for free. We were successful in applying for John Lyons funding to increase our Activ8 offer, however the funders also wanted us to increase the age range from 8-13yrs to 8-25yrs. We started the new Rebound project in April 2022.

Our staff and volunteers worked extremely hard to organise our 5th WinterFEST that took place on Friday 10th Dec 2021. We made sure that the event was held outside and Covid-19 safe. We held various activities for all ages to enjoy from meeting donkeys, face-painting, playing beat the goalie or getting involved in footy competitions, to creating tree decorations. We also had live music with our community choir and a few local rock bands that went down a treat! We had line dancing and ballroom dancing displays and a salsa dance demo session too. Everyone could enjoy a drumming workshop and a quiet space to watch a winter movie in the warmth of the community centre. We had an array of food, drink and traditional mulled wine for all to enjoy. There was an art exhibition created by our elderly project and many stalls to buy gifts from. We gave our foodbank members vouchers so that they could get a meal for free and also a free visit to meet Santa in his grotto, who gave out donated toys as pressies for all the children.

It was one of the best festivals we have had with over 450-500 people in attendance. We believe that this was based on people missing being with others during the pandemic, and also that it was a very low-cost event too. All monies raised went towards or foodbank.

Whilst 2021-22 was a year of recovery CCA worked creatively and tirelessly to help tackle loneliness, isolation, and fear of our community members. Giving them an outlet to speak to people who could help and keep them healthy and encourage them to try something new. We kept our staff and volunteers up to date with regulations and changes and kept our site a safe and welcoming place for all the community to use, especially after a long

Plans for Year Beginning 1[st] April 2022

The Castlehaven Community Association plans to continue to provide the following services:

Advocacy Foodbank
Hybrid Activities for the Elderly Environmental Projects
Elderly People Scheme
Festivals and Cultural Events Sports Coaching
Hybrid Fitness Classes for the Elderly& Disabled Afterschool/Holiday Clubs
Floodlit Multi-Sports Facility Youth Clubs
Food Growing in Elm Village Community Garden LGBTIQ+ Community Hub
Volunteering Opportunities LGBTIQ+ Sports Project

The Castlehaven Community Association will use current data and consultations with the board of Trustees, staff members, volunteers, funders and the community to remodel popular projects that have funding streams coming to an end in 2022.

We will continue to apply for funding streams from a myriad of funders, trusts and philanthropists to help sustain current and new projects that improve & promote social cohesion, inclusion, health & wellbeing, our environment,

The Association is currently exploring and developing: -

Options to take on a lease for Clarence Hall (TRA Hall on Clarence Way Estate)

Options to work more closely with Camden Council Alleviating Food Poverty

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CCA will continue to invest in our staff and volunteers by providing training, a Covid 19 safe place to work and holistic services as and when required. We will follow relevant advice, guidance and update our policies & procedures to improve and safeguard our charity and members of the public. We will hold scheduled board of Trustees & Directors meetings, along with sub committees to uphold the governance of the charity and its social enterprises.

We will ensure that all staff and volunteers are recruited safely and vetted accordingly. We will regularly train staff and volunteers in safeguarding, health & safety at work, First Aid (inc Mental Health FA) and other topics relevant to their roles to improve their knowledge, skills and awareness. And we will invest in our site and facilities to maintain our Health & Safety at Work policy making sure that all whom get involved or work for CCA feel welcome and safe.

CCA is a small but high profile, vibrant community association that continues to develop and respond to the needs of local residents.

Statements of the Responsibilities

The Directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires Directors to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the company and of the incoming resources and application of resources, including the income and expenditure, of the company for the year.

In preparing these financial statements, the Directors are required to:

The Directors are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Statement of representation to the auditors

Each person who was a director at the time this report was approved confirms that:

A resolution proposing the reappointment of Hamilton Coopers as auditors will be put to the annual general meeting.

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Method of preparation of accounts

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of trustees on

M Stephenson Chair of Trustees

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Independent auditors' report

to the Trustees of the Castlehaven Community Association (the 'parent charitable company')

We have audited the financial statements of Castlehaven Community Association (the 'parent charitable company') for the year ended 31 March 2022 which comprise of the statement of financial activities, the balance sheets and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act 2011.

Basis of opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' (who are also the directors of the company for company law purposes) use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The trustees are responsible for the other information. The other information comprises the information included in the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

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Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion

Responsibilities of trustees

As explained more fully in the trustees' responsibilities statement [set out on page 8], the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Our responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Capability of the audit in detecting irregularities, including fraud

The objectives of our audit are to identify and assess the risks of material misstatement of the financial statements due to fraud or error; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud or error; and to respond appropriately to those risks.

Based on our understanding of the company and industry, and through discussion with the management (as required by auditing standards), we identified that the principal risks of non-compliance with laws and regulations related to their FCA permissions and requirements. We considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006 and taxation. We communicated identified laws and regulations throughout our team and remained alert to any indications of noncompliance throughout the audit. We evaluated management's incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls) and determined that the principal risks were related to posting inappropriate journal entries to increase revenue or reduce expenditure and management bias in accounting estimates and judgmental areas of the financial statements such as accrued income.

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Audit procedures performed by the engagement team included:

There are inherent limitations in the audit procedures described above and the further removed non compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. The risk increases more when compliance with a law or regulation is removed from the events and transactions reflected

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in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the Charity's trustees, as a body, in accordance with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Charity's trustees as a body, for our audit work, for this report, or for the opinions we have formed.

Asim Malik, FCA (Senior Statutory Auditor) 66 Earl Street for and on behalf of Maidstone Hamilton Coopers Kent ME14 1PS Chartered Accountants and Statutory Auditors

Hamilton Coopers is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006 .

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ni *n

Castlehaven Community Association

Company Number 04393769 Balance Sheet as at 31 March 2022

The accounts have been prepared in accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006 and that no members have required the company to obtain an audit in accordance with section 476 of the Act

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

M Stephenson Director & Chair to Board of Trustee

The notes on pages 18 to 27 form an integral part of these accounts.

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Cash Flow Statement for the year ended 31 March 2022

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Notes to the Accounts For the year ended 31 March 2022

1 Accounting policies

Basis of preparation of the accounts

The principal accounting policies adopted in the preparation of the financial statements are setout below and have remained unchanged from the previous year and have also been consistently applied within the same accounts.

Accounting convention

Basis of preparation and assessment of going concern:

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: 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) (effective 1 January 2015) - Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The trustees consider that there are no material uncertainties about the Association's ability to continue as a going concern.

The company meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Reconciliation with previous Generally Accepted Accounting Practice

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 the restatement of comparative items was required. No restatements were required.

Incoming Resources

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

It is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

Income from charitable activities includes primary purpose trading

Income from charitable activities includes primary purpose trading, income earned both from the supply of goods or services under contractual arrangements or grant agreements, which have conditions that specify the provision of particular goods or services to be provided and undertaken for the charitable purposes of the charity.

Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Fund accounting

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Unrestricted funds are available to spend on activities that further any of the purposes of charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the Association s work or for specific projects being undertaken by the Association.

Expenditure recognition

Liabilities are 19ecognized as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated or apportioned to the applicable expenditure headings.

Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back-office costs, finance, personnel, payroll and governance costs which support HCA s programmes and activities. The basis, on which support costs have been allocated are set out in note 8.

Expenditure and irrecoverable VAT

Expenditure is 19ecognized once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds comprise the costs of other trading activities, in which the Association does not yet engage.

Expenditure on charitable activities includes the costs of providing services and activities for our beneficiaries and the local community to further the purposes of the charity and their associated support costs.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

Fixed assets and depreciation

Tangible fixed assets are stated as costs less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Equipment 25% per annum, reducing balance method Building refurbishment 25% per annum, reducing balance method / over 5 years Motor vehicles 25% per annum, reducing balance method

Debtors

Debtors are recognised at the settlement recoverable amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes is held to meet short-term cash commitments as they fall due rather than for investment purposes and may include short-term deposits.

Creditors, deferrals and provisions

Creditors and provisions are liabilities where we have a present obligation to a third party that we shall normally pay by cash. Provisions are measured or estimated as reliably as possible.

Where performance-related conditions are specified in a grant, the income will only be recognised to the extent that the charity has provided the facility or service. Any income received in advance of the conditions being met are deferred and shown under creditors.

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Castlehaven Community Association

Pension

On 01 October 2015 Workplace Pensions commenced at CCA, to which staff are encouraged to join.

Legal status of the Society

The Association is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £10. Names of its directors and registered office is mentioned on page 1.

2 Winding up or dissolution of the charity

If upon winding up or dissolution of the charity there remain any assets, after the satisfaction of all debts and liabilities, the assets represented by the accumulated fund shall be transferred to some other charitable body or bodies having similar objects to the charity.

3 Surplus for the financial year

4 Statement that no expenses were paid to trustees or connected persons

No expenses were paid to trustees or persons connected with them.

5 Income from donations and legacies

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Castlehaven Community Association

6 Income from other trading activities

7
Investment Income
2022
£
Bank deposit interest received
61
8
Analysis of expenditure		 2021
£
119

9 Analysis of grants payable in furtherance of the charity's objects

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Castlehaven Community Association

Support costs are allocated on a consistent basis within the use of resources and allocated as core costs.

10 Deferred Incoming Resources & Reserves- Restricted funds (Group and Company)

Opening
Deferrals
£
Sundry
11,000
Total
11,000
These deferrals are included in creditors		 Released
from
prior
years
£
Received less
released in
year
£
11,000
26,979
11,000
26,979
2022
£
26,979		 Deferred
at year end
£
26,979
26,979
2021
£
11,000

The deferrals included in creditors relate to those grants and donations specified by the donors as relating to specific periods and represent those parts of the grants or donations which relate to periods subsequent to the accounting year end, and are treated as grants in advance, or alternatively where there are conditions which must be fulfilled prior to entitlement or use of the grant or donation by the charity .

11 Staff Costs and Emoluments

Gross Salaries
Employer's National Insurance
Pension Contributions
Numbers of full time employees or full time equivalents
Engaged on charitable activities		 2022
£
238,028
15,497
4,885
258,410
2022
12		 2021
£
224,152
14,598
5,040
243,790
2021
11

There were no fees or other remuneration paid to the trustees

There were no employees with emoluments in excess of £60,000 per annum

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CAstlehaven Commulllh. AssotiAtioll 12 Tanglble flxed assets (Grollp) Freehold Plant. MAthinery & Vehicles C roup buildings Total Asset eost. valuation or rewAlued mollDI At l April ?021 Addiiions Disw)sals At 31 March 2022 255.337 213.175 468.512 255.337 213.175 468.-$12 Aecumulated depreciatifyn impAirment PfO%iSiOnS At l April ?021 Eliminated on dIs￿saI5 Depreciaiion on di9￿)saI ChargTe for lh¢ ycar At 31 Mar¢h 2022 51.067 104.831 155.898 25.534 76.601 40,802 145.613 66.336 222.214 Net t)ok v*lue At.31 Marih20•2 AL.I l March 2021 178.736 ?04 ?70 246,278 -31?.614 108.-144 Fr¢¢hold Land and buildiNg5 Machinery & Vehicles 'l#ngible fixed #s5et5 ICh&rity} Asset C05t, vAlugtion or rev8lued 8mount At l April 2021 At 31 March 2022 255.337 755.337 11.909 267246 267 246 Accumulated depreeiation impairment prolisio At l April 2021 Charge for the year At 31 March 2022 51.067 2.5.534 76.601 7.939 3,970 59.006 29,504 Net ￿0k Tr?lue At 31 March 7022 At 31 March 202 1 178.736 204.270 178,736 208 •40 3.970 231Pd¥e

Castlehaven Community Association

13 Debtors

14 Creditors: amounts falling due within one year

Group
2022
£
Trade creditors
29,234
Accrued expenses
37,869
Other creditors
26,979
94,082
15
Contingent Liabilities
Total		 2021
£
33,036
11,000
16,579		 Charity
2022
£
12,761
37,869
-		 2021
£
13,138
11,000
-
24,138
2021
£
7,800
60,615 50,630
2022
£
7,800

It had been discovered that part of the building had not been charged for electricity for some periods and the Trustees are unsure if there will be any further liability, but they feel it is prudent to note this situation and make an estimate of any contingency. No provision for the above amount has been included in these accounts.

16 Share Capital

The charity is incorporated under the Companies Act 1985 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter.

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Castlehaven Community Association

17 Analysis of group net assets between funds

At 31 March 2022
Fixed assets
Net current assets
Long Term Liabilities
At 1 April 2021
Fixed assets
Net current assets
Long Term Liabilities		 Unrestricted
funds
£

246,278
461,427
(94,627)
613,078
£
Unrestricted
funds

312,614
55,850
(91,744)
276,720		 Designated
funds
£
261,178
-
261,178
£
Designated
funds
-
290,680
-
290,680		 Restricted
funds
£
66,272
-
66,272
£
Restricted
funds
-
72,953
-
72,953		 Total
Funds
£
246,278
788,877
(94,627)		 Total
Funds
£
246,278
788,877
(94,627)
940,528
£
Total
Funds
312,614
419,483
(91,744)		 940,528
640,353
-

The individual funds included above are :-

Age Activity
Active 8
Outside Activity
Environmental Project
Core
Designated funds
CCA - unrestricted reserve		 Funds at
2021
£
19,690
4,532
-
26,785
21,946
72,953
290,680
276,720
640,353		 Movements
in
Funds
as below
£
7,184
(3,583)
2,985
(8,048)
(5,219)
(6,681)
(29,502)
336,358
300,175		 Transfers
Between
funds
£
-
1,720
-
7,795
(9,515)
-
-
-		 Funds at
2022
£
26,874
2,669
2,985
26,532
7,212
66,272
261,178
613,078
940,528

Analysis of movements in funds as shown in the table above

Age Activity
Active 8
Outside Activity
Environmental Project
Core - Restricted
CCA - unrestricted reserve		 Incoming
Resources
£
123,391
23,361
2,985
87,823
229,772
862,944
1,330,276		 Outgoing
Resources
£
116,207
26,944
-
95,871
234,991
556,088
1,030,101		 Gains &
Losses
£
Movement
in funds
£
-
7,184
-
(3,583)
-
2,985
-
(8,048)
(5,219)
-
306,856
-
300,175		 Gains &
Losses
£
Movement
in funds
£
-
7,184
-
(3,583)
-
2,985
-
(8,048)
(5,219)
-
306,856
-
300,175
300,175

There are sufficient resources for all funds in the appropriate form to enable each activity to be applied in accordance with any restriction.

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objective of the charity.

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Castlehaven Community Association

Restricted funds are subjected to the restriction on their expenditure imposed by the donors or through the terms of an appeal.

The net transfers between the funds represents an internal management and support supervision charge at a percentage of 10% to 25% allowed by donors on particular grants.

18 Subsidiary undertaking

The charitable company controls Castlehaven Community Enterprise Limited and The Littlehaven Nursery Limited by virtue of the provisions of Companies Act 2006. Both companies are registered in England.

The subsidiaries are used for non-primary purpose trading activities. All activities have been consolidated on a line by line basis in the statement of financial activities.

Available profits are gift aided to the charitable company. A summary of the results of the subsidiaries are shown below:

Castlehaven Community Enterprise Limited
Turnover
Administrative expenses
Other operating income
Operating profit / (loss)
Interest payable
Profiit/(Loss) on ordinary activities
Deed of covenant to parent undertaking Profit /
(Loss) for the financial year
The aggregate of the assets, liabilities and funds was:
Assets
Liabilities Funds
The Littlehaven Nursery Limited
Turnover
Administrative expenses
Other operating income
Operating profit / (loss)
Interest payable
Profiit/(Loss) on ordinary activities
Deed of covenant to parent undertaking
Profit / (Loss) for the financial year
The aggregate of the assets, liabilities and funds was:
Assets
Liabilities
Funds		 2022
£
250,473
(50,711)
-
199,762
-
199,762
(199,762)
-
358,778
(358,778)
-
658,559
(483,355)
-
175,204
-
175,204
(15,136)
160,068
286,083
(286,083)
-		 2021
£
45,710
(45,152)
-
558
-
558
(558)
-
142,101
(142,101)
-
362,898
(395,465)
-
(32,567)
-
(32,567)
-
(32,567)
91,055
(251,123)
(160,068)

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Castlehaven Community Association

19 Parent charity

The parent gross income and the results for the year are disclosed as follows:

2022 2021
£ £
Gross income 636,142 602,392
Results for the year 108,832 151,364

20 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiaries gift aids available profits to the parent charity.

The charge to corporation tax for the subsidiaries in the year was £nil (2021: £nil)

21 Related party transactions

There are no related party transactions to disclose for the year (2021: none)

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

22 Post balance sheet event

The Board of Directors on Wednesday 19th October 2022 decided to close the Nursery from the end of October 2022. This decision was based on the various factors including current National Early Years Recruitment Crisis, increases in agency staff costs, a reduced number of children registering and increases in energy, food, equipment & maintenance costs. Sadly, our business model was no longer viable.

23 General Information

The company is a private company limited by guarantee, registered in England and Wales. The address of the registered office is

The Community Centre 21 Castlehaven Road London NW1 8RU

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