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2022-03-31-accounts

Vauxhall Gardens Community Centre Annual Report and Accounts ending 31st March 2022

Vauxhall Gardens Community Centre

Contents

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Page
Reference and administrative 1
Trustees' report 2 - 12
Independent examiner’s report 13
Statement of financial activities 14
Balance sheet 15
Notes to the accounts 16-24
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Vauxhall Gardens Community Centre

Reference and administrative information

Trustees Tim Kalvis Natalie Cole, (Chair ) Pamela Fry, Treasurer Dorette Newton Patrick Agyeman (Vice Chair) Appointed January 2022 Rosa Da Cruz costa Ernest Ako (Secretary) Appointed January 2022

Charity number 296876 Principal office 5 Glasshouse Walk London SE11 5ES Independent Examiner Kathleen Moss ACMA, CGMA Kathleen Moss Ltd 48 Lawn Terrace London SE3 9LP Bankers CAF Bank Ltd 25 Kings Hill Avenue Kings Hill Kent ME19 4JQ

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Vauxhall Gardens Community Centre

Trustees' Report

For the year ended 31 March 2022

The trustees are pleased to present their report together with the unaudited financial statements of the charity for the year ended 31 March 2022.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011, the Charities Statement of Recommended Practice ("SORP (FRS 102)") applicable to charities preparing their report and financial statements in accordance with the Financial Reporting Standard applicable in the UK (FRS 102) (effective 1 January 2019).

Structure and Governance

The Community Centre was set up in 1986 and registered as an unincorporated charity on 24 June 1987. The charity is governed by its Constitution and Rules adopted on 13 February 1986 and subsequently amended on 8 March 2016 and 10 May 2016.

Key management personnel are represented by the trustees, who are responsible for the strategic vision of the Community Centre, together with the Centre Manager to whom day-to-day responsibility of running the Centre has been devolved.

Employment and remuneration policy

VGCC is an equal opportunities employer and therefore there is no discrimination between men and women or between full and part time workers in deciding their remuneration.

The remuneration of all staff, including key management personnel other than the trustees, is reviewed each year by the Management Committee. No trustee received any remuneration during the current or prior year.

Objectives and activities

The charitable objects of the Community Centre have been to promote the benefit of the inhabitants of the triangle created by the boundaries formed by the South side of Black Prince Road, the North West side of Kennington Lane and the Railway Viaduct (the "area of benefit"). In 2016 with the permission of the Charity Commission, the area of benefit was expanded to include the whole of postcode SE11, stretching across Bishop’s, Prince’s and Oval Wards in North Lambeth, to reflect more accurately those using the Centre and to pursue the Centre’s vision of working with a wider community while keeping the original area of benefit central to activity.

It does so by associating the Local Authorities, voluntary organisations and inhabitants in a common effort to advance education, relieve poverty, sickness and distress, further health and to provide facilities in the interest of social welfare for recreation and leisure-time occupation with the object of improving the conditions of life for the aid inhabitants.

Public Benefit

The trustees have complied with their duty under Section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Charity Commission. The trustees judge that activities in pursuit of the above objectives fully meet the public benefit test which they keep in mind when reviewing their objectives and activities and in the planning of future activities.

In delivering services and in the appointment of staff, volunteers and trustees, the Community Centre operates without distinction of sex or race or of political, religious or other opinions.

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Achievements and Performance

VGCC like many other organisations were impacted by Covid-19. As a result of the pandemic, VGCC was forced to close its doors for most of 2020 and had very few activities taking place in early 2021. Most activities were run online via zoom and others face to face with just a few people attending at a time. VGCC harnessed the community spirit which is the foundation upon with VGCC operates here is what took place over the last year:

FOODBANK- Fridays 11-2

VGCC is continuing with this vital service to help those who are facing food poverty. Throughout the financial year 2021/22 VGCC saw a vast increased in the number of people using the foodbank, this is due to the increase in cost of living and energy prices which has put a lot of financial strain on many households.

We pride ourselves in the way we run our foodbank which is unique from all the others. Our foodbank is self-referral, it is completely free, you do not have to pay for any item at the moment. We intend on keeping access to the foodbank free for as long as we have donations coming from the various organisations and individual who have continued honouring their pledges and support.

We continue to get support from Citygrove, Plan Zhero, Fair Share and individual community members as well as the local churches (Lambeth Mission & St Mary’s and St Anslem’s).

We are so grateful to all the volunteers who give up their time every week to help run the foodbank. This would have not been possible without their help.

We saw an increase of over 50% of the people accessing foodbank compared to last financial year, about 15% - 20% are those who are working.

We gave out food parcels to 53 households (feeding a total of over 200 people) at Christmas.

Funding and support permitting we intend on keeping this great service going to help those who need it.

“I use the foodbank to feed my family, without it my children would starve” Anonymous

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HAf Programme- school holidays 10-2

In an unprecedented move VGCC, secured funding to deliver a pilot holiday programme to children and young people (CYP) aged 8-16 years. This was aimed at CYP in the local vicinity primarily, but open to young people

across Lambeth. The pilot launched with a 4 week programme across the summer of 2021 with over 40 CYP in attendance. With a skeleton team, we relied on the assistance of a few kind volunteers to bridge the gap and were able to deliver an award winning programme of activities to the cohort. From Thai boxing to assault courses, surrealist art, to pottery, dance to portraiture, creative writing to drama, jewellery making to baking. Our cohort had the opportunity to engage in a variety of enrichment activities that will have a positive impact on their futures. In addition to a range of exciting activities, the cohort were taken on numerous day trips, from the imperial war museum to the cinema at the British Film Institute (BFI) for a private show to a

local gallery for a preview of an upcoming art instalment. Every day the children benefitted from a hot meal which met the good schools food guide, and various puddings, snacks and fruit and vegetables. We provided nutrition education, cooking lessons and distributed take and make boxes with meal ingredients. These boxes similar to mail order recipe boxes allowed for family cooking and bonding at home. Given the limited budget and resources, we did an excellent job of leveraging our relationships with our internal stakeholders: social enterprises, tenants etc. as well as local business such as the cabinet gallery, and the BFI as well as Madeira café and Turnquick to name a few. The programme ended with a huge disco for the participants, their siblings and parents/guardians which participants absolutely loved. Given the pandemic had decimated social connections and families income streams this was a welcome opportunity for our local community, to meet, connect, grow, and learn. The result was an overwhelming success, parents and participants were astounded at the quality and considerations we had given to each activity and the carefully curated programme. Participants were grateful for a change from the pandemic doom and gloom and loved the exposure to the different activities we had prepared. So fantastic was the feedback and so impressed were Lambeth; we were immediately awarded funding for a Christmas programme which followed a similar format. With this iteration running for the week just before Christmas of 2021 and which included a festive food delivery from Fare Share/ Felix project which we apportioned into Christmas hampers for each family.

We additionally ran an extended sports and fitness week in October 2021 (half term) with a range of sports, games, and fitness activities to keep children engaged during the half term. To increase the diversity of activities we included drama and facilitated workshops: participants wrote a script and we proceeded to film a short movie which was shown to parents and loved ones. We catered to 20 children who were all very giddy with happiness and very tired by the end of the week this we believe signals a great week!

Building on the success of the programmes delivered in 2021, we launched a brand-new programme of activities, to build upon the success of our previous CYP programme. This was aimed at celebrating London’s

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diverse, colourful, and multicultural heritage through an exploration of music, fashion, and food. The project was aimed at enhancing and enriching participants’ knowledge of different cultures through an engaging series of workshops around combined arts. The first of the trio of holiday programmes launched with music as the main theme and concluded with a showcase on the final day celebrating all the participants had accomplished throughout the programme. The participants were split into four groups, each exploring the music and sounds of different regions of the world and their relationship with the unique histories of each country: the UK, West Africa, South America i.e. Cuba and Asia.

Participants produced their own beats, wrote their own music, as well as a script and delivered an engaging musical performance with exclusive songs and dance routines to family and friends- to critical acclaim. The dedication of the participants was admirable, a key outcome was the opportunity to foster togetherness through an understanding of the differences that make each of us unique.

Neon Performing Arts

Neon Performing Arts School Has continued to Support over 65 Children aged 5-12 with partial or full scholarship with the support of Lambeth Arts and Culture and Vauxhall One, the school has produced 2 Original Show and performed for Happy Feet festival in Wandsworth as well as the Parade.

Neon has officially launched NeonELEVATE, a theatre maker youth company for young people aged 13-25 year old with a focus on Creative Career including paid commissioned work, College and University entrance support and Work Pathways. The Youth Company is composed of 45 Young People, they are currently touring Secondary Schools and Colleges in Lambeth with the support of LambethELEVATE, Lambeth Education, Arts Council and The Old Vic. Under the Creative Career Programme, 60 new Young people will be selected among the Schools and Colleges to join the next Program of NeonELEVATE.

Free fitness for all- Wednesdays 11-12 & 12.30-1.30

The project involved women on low incomes and a mixed group of people over the age of 40. The cohort participated in a 36-week programme involving a range of exercise, fitness, movement, and dance activities. To ensure there was a need from the beneficiaries themselves and that our project was well attended, we wanted to secure buy in and involve those from these two ‘low participation groups’ in the consultation and project planning process. From the round tables, interviews, and questionnaires, it became evident that those surveyed faced several barriers to their participation in exercise and fitness e.g., cost, lack of opportunities, cultural barriers, and a lack of confidence/selfbelief. We worked with them to identify the type of activities they would find most attractive, and they helped choose the fitness and exercise activities offered, with a preference that they were delivered at VGCC which is situated at the heart of the community and to avoid them travelling too far.

Following this consultation and through word of mouth, over 40+ residents from these target groups on the Vauxhall Gardens Estate and beyond took part in the programme which took place in the VGCC

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main hall and when the weather was gracious: the Pleasure Gardens. Sessions were ‘free-of-charge’ and lasted 1-hour, with 15-30 minutes following the sessions where participants got to enjoy refreshments and socialise, ask questions, and build relationships.

The project launched in July 2021 and continued till March 2022. There were taster events (two per target group), giving residents the opportunity to trial the proposed activities.

The project delivered on its aim to instil behavioural change, to break down barriers so, participants continue these fitness activities once the project ended. The links between health and well-being are well documented and VGCC is proud that in the post pandemic local and national climate were able to and continue to offer this and other health and well-being services that make a huge difference to people’s lives and even life expectancy! Given its success, Sport England funded us again for a new programme this time aimed at women and Asylum seekers/ Refugees. A special thanks to Sportworks our delivery partners and Sport England our funders.

Women’s Group- Wednesdays 10-12

VGCC runs this peer support group for women. This group is a well received resource by local women who use the group to receive advice, share experiences in a compassionate manner assisting one another to be self reliant and hopefully more equipped to manage issues in their lives.

Just Like us- Thursdays 11-2

Just Like Us (Jlu.lambeth) have continued meeting up as a support group to undertake the different activities they usually do. Although the group have been on a little break towards the end of the year 2022, before this break the group had a nice turn up to the sewing and craft workshops. All involved enjoyed making new clothes with old ones, creating t-shirts design with other old materials (upcycling).

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Our plan for 2023 is to start with making some upcycling in the earlier part of the year. This will involve making hearts with embroidery ready for valentine's Day and for mother's Day. The group was offered some tickets to go and watch the Christmas Carols the Old Vic, which they thoroughly enjoyed. They are happy to report that the old Vic has offered a few workshops to the group to explore their theatrical/creativity skill set.

Sylvie the group facilitator has done a mindfulness course and will be introducing a 15 minutes mindfulness class at the beginning of each session. Sylvie believes the group will benefit from these sessions.

Cool it art-Tuesdays 3.30-5.30

Even through what has continued to be unusual times Cool it Art still had a productive year.

Continuing the 8th yearly programme of Art classes for Kids at VGCC which started in Sept 2020 we managed to celebrate our Birthday in May 2021 in person, though it was still a smaller affair with just the children with Covid restrictions still in place it was a welcome change from the year prior. Even with the difficulties faced over the pandemic and with restrictions in place with bubbles/class sizes we still had very good attendance near enough capacity with what was allowed within government guidelines. Over 46 sessions we had 1223 attendances (18 classes were online only, 1 was hybrid and of 27 in person classes parents were permitted to attend 5). The trips we would usually take over August the budget was repurposed to continue to deliver in person sessions at VGCC given the difficulties in taking groups to external venues.

We started our 9th annual programme in Sept 2021 (which runs till Aug 2022) from the 7th Sept - 29th March over the 27 sessions delivered we had 1005 attendances with 17 classes and 3 trips left to deliver.

Leading on from Lambeth Schools using our teaching packs as part of their home-schooling creative resources in 2020 (2,952 views over March, April, May & June 2020) traffic to our website with the free teaching packs has continued with steady engagement with 3,787 views over March 2021-2022 - out of a total 26,371 views since created in 2014. As the website has no paid advertising and has generally been used through word of mouth we are pleased with the organic growth of views.

In August 2021 we finally could restart our award winning programme Young at ‘Art, run at the Carmelita Centre, since pausing it in March 2020, attendance has been lower due to the health issues of attendees and one of core members, Joan, sadly passed away. Attendees from Lambeth Walk Day Centre aren’t predicted to return for the foreseeable future given the issues of Covid and safeguarding their clients. That being said those who are able to come; the benefit to rebuild relationships and minimise loneliness has been paramount. Over the 20 sessions left to deliver from the 2019/20 funding from the National Lottery we had 296 attendances. We successfully secured another year of funding from Awards for All for April 2022-23 but to ensure the gap wasn’t too long Lambeth part funded the project to extend it for a month over March 2022, over the 5 sessions we had 20 attendances - we look forward to slowly increasing our numbers to hopefully pre-pandemic levels of 10-14 per class but we are mindful there is still some reticence to attend indoor group activities for some adults.

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We continued to work with Neon Performing Arts on their Youth Company multi-disciplinary programme NeonELEVATE. Cool it Art worked with youth to create artworks as the backdrops for the show to be performed at Vaults in June 2022.

Whilst things have taken longer to get back to “normal” because of the pandemic we are hopeful to be back to full service with pop up art sessions, small term projects and our annual Young at ‘Art exhibition in the next year or so - climate depending.

Kickstarters

As part of our mission to continue to engage and support our community- not just talk about it, we signed up to the kickstarter scheme. A government funded initiative which is designed to help young people gain real skills to improve their career opportunities and provide real life on the job experience to boost their skillset. We created 2 new roles:

Admin Assistant- to upskill somebody to be able to fulfil an entry level admin role smoothly

Communication and Marketing Officer- to provide tangible skills in marketing roles which are notoriously difficult to gain experience with paid work.

As the government only partially fund their roles we made the decision to top up their wages to the London Living Wage. With plenty to do, our kickstarters have hit the ground running and have been handed various responsibilities in our organisation. The Chair and Vice Chair met with the kickstarters last week to understand what further development we can provide as well as feedback on how their placement has been thus far. The feedback has been positive and this initiative has been a success thus far. I hope that the kickstarters continue to grow from strength to strength in the little time that they have left with us. Continue to grow and learn everyday the hard work will pay off!

“Alice and Sophya have been so patient with us

and shown us so much” Kickstarter

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Studios and other users

VGCC continues to house various artists based on the second floor of the building. Some of the artists have lent a hand and got involve with the HAF programme by facilitating workshops with the children and young people who attended the HAF programme.

Unlike the last financial year when the building was closed due covid, we have had a very busy year with different groups restarting in person/face to face activities and it was wonderful to welcome everyone back to the building. The different groups such as church groups, various support groups, Taekwondo, Aikido, and South London Cares all resumed their face to face gathering. Charities such as Cicely Northcote Trust, Lambeth Mission & St Mary’s Church continue to use the space for their meetings. A refugee support group (Care 4 Calais), who meet every week to undertake ESOL class also resume their face to face classes.

We are also happy to report that we saw an increased demand in bookings for birthdays, wedding and engagement receptions, baby shower, graduation celebration, funeral, workshops etc.

We will continue to provide space and support for start-up businesses, and we are looking forward to working with many more individuals, charities, and companies in the next financial year.

We are all very grateful for all the help and support we received during the year.

Covid 19

For VGCC the safety of our staff, volunteers and users is of utmost importance and we continue to monitor the covid risk assessment and our procedures, in accordance with government guidelines.

Risk Management

The trustees are aware of any risks facing the charity and convene monthly to discuss these aswell as plan for the future. In addition to this, trustees have set up a WhatsApp group to respond urgent matters quicker..

Financial Review

In the year to 31st March 2022 VGCC had income of £157,015 (2021: £125,309) and expenditure of £139,821 (2021: £96,878) leaving an unrestricted surplus for the year of £13.061, (2021: £18,851).

This means VGCC’s unrestricted reserve funds is £107,444. The trustees have every confidence in the future of the organisation and its ability to continue to serve the community

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Going Concern

Following another tumultuous year with another centre closure, income has been a matter of concern, many of our tenants continued to pay their rent which contributed to VGCC’s favourable financial position. The building is old and in need of renovation, the boiler completely broke down and required a replacement. It is anticipated that the roof may require major work this summer whilst we hope to fundraise as much as possible for this work, the reserves will be used to complete this work.

Fortunately the energy crisis has not directly impacted VGCC as our Centre Manager had the favourable rate locked in for 3 years, when this comes to an end the cost to keep the building open will increase.

The cost of Living Crisis is having a devastating effect on the community and this includes our staff, the board are looking at ways to support our staff with dignity including a 4% increase in wages for all staff and contractors. We hope to secure funding to support our staff and the community that we support.

After employing our fundraising strategy, VGCC has been able to secure several funds for projects which have allowed us to provide projects for our community and to keep our doors open. We will continue to fundraise and run projects which further help to tackle the effect of Covid-19 on the community. Failing this the reserves are £107,444.

Reserves policy

It is the policy of the Management Committee to hold reserves adequate to fund the basic running expenses of the Community Centre for 6 months and to contribute towards its direct charitable activities

Future Plans

Following the success from the HaF programme VGCC is seeking to continue to run such programmes throughout the year government guidelines permitting. VGCC is part of the kickstarter scheme with vacancies awaiting to be filled. We aim to provide a positive impact to the community via this scheme.

VGCC plans to continue to use the arts to engage with the community and find innovative ways to tackle food poverty, social isolation and the effects of Covid-19 in order to help members of the community create a better life for themselves.

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Thank you to all of our incredible supporters and partners

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Trustees' Report continued

Trustee responsibilities

The charity trustees are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

●state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

●prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

●there is no relevant information of which the charity’s examiners are unaware; and

●the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the examiners are aware of that information.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charity's website.

Our Independent Examiner, as appointed by the board, Kathleen Moss

Approved by the Board of Trustees on

and signed on their behalf by:

Signature Full name Postion

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Independent Examiner's Report

To the Trustees of Vauxhall Gardens Community Centre

I report to the trustees on my examination of the financial statements of Vauxhall Gardens Community Centre (‘the charity’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in

this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Act and in

carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide.

Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my report is limited to those specific matters set out in the independent examiner’s statement.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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 financial statements to be reached.

Kathleen Moss ACMA, CGMA

Kathleen Moss Limited

48 Lawn Terrace London SE3 9LP K R Moss

Dated: 31st January 2023

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Statement of Financial Activities including Income and Expenditure Account For the year ended 31 March 2022

Total Total
Unrestricted Restricted Funds Unrestricted Restricted Funds
Funds Funds 2022 Funds Funds 2021
Income Notes £ £ £ £ £ £
Donations and legacies 3 14,520 19,605 34,125 - 73,136 73,136
Charitable activities 4 122,887 - 122,887 52,168 - 52,168
Investments 5 3 - 3 5 - 5
Total income 137,410 19,605 157,015 52,173 73,136 125,309
Expenditure: 6
Raising funds 12,851 - 12,851 3,840 - 3,840
Charitable activities 111,498 15,472 126,970 29,482 63,556 93,038
Total expenditure 124,349 15,472 139,821 33,322 63,556 96,878
Net income and net movement in
funds for the year 13,061 4,133 17,194 18,851 9,580 28,431
Reconciliation of funds
Total funds brought forward 94,383 9,580 103,963 75,532 - 75,532
Total funds carried forward £ 107,444
£ 13,713
£ 121,157
£ 94,383
£ 9,580
£ 103,963

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derives from continuing activities.

The notes on pages 16 - 24 form part of these accounts.

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Balance Sheet As at 31 March 2022

Note
Fixed assets
Tangible Assets
9
Current assets
Debtors
10
Cash at bank and in hand
Liabilities:
Creditors: Amount falling due within one year
11
Net current assets / (liabilities)
Net assets
The funds of the charity:
12
Restricted income funds
13
Unrestricted income funds
13
Designated funds
General reserve
Total charity funds
2022
2021
£
£
25,414
-
26,201
11,188
92,407
104,759
118,608
115,947
22,865)
(
11,984)
(
95,743
103,963
121,157
103,963
13,713
9,580
-
-
-
-
107,444
94,383
121,157
103,963

The notes on pages 16-24 form part of these accounts.

The accounts were approved by the trustees on

and signed on their behalf by

.......................................................

Trustee

Name Title

Charity Registration No.: 296876

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Notes to the financial statements for the year ended 31 March 2022

1 Statutory information

Vauxhall Gardens Community Centre is a charity, registered in England and Wales number 296876. The charity’s principal address is 5 Glasshouse Walk, London, SE11 5ES. The functional currency is sterling.

2 Accounting policies

2.1 Basis of preparation

The accounts (financial statements) have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) 1 January 2019, and the Charities Act 2011 and UK Generally Accepted Practice. The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

The financial statements have been prepared under the historical cost convention.

2.2 Public benefit entity

The charity meets the definition of a public benefit entity under FRS 102.

2.3 Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern. The charity can comfortably operate based on confirmed funding with sufficient reserves.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

2.4 Income

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

Where donations and grants are restricted to future accounting periods, they are deferred and recognised in those future accounting periods. Grants for immediate financial support and assistance, or to reimburse costs previously incurred, are recognised immediately.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Hall hire, rental and trading income is accounted for on a receivable basis.

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Notes to the financial statements for the year ended 31 March 2022: continued

2.5 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.

2.6 Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

2.7 Expenditure and basis of apportioning costs

Expenditure is recognised 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 accounted for on an accruals basis with the irrecoverable element of VAT included with the item to which it relates and has been classified under headings that aggregate all costs related to the category. Expenditure is classified under the following activity headings:

Raising funds: Costs of raising funds relate to the costs incurred by the charity in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose.

Charitable activites: Expenditure on charitable activities includes costs associated with the delivery of the charity's activities and services for its beneficiaries, and include both the direct costs and support costs relating to these activities. Governance costs include those incurred in the governance of the charity and its assets and are primarily associated with constitutional and statutory requirements. Support costs include office costs and those of other central functions.

2.8 Tangible fixed assets and depreciation

The charity operates a policy of capitalising fixed asset items over £500. Tangible fixed assets are stated at cost 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: Fixtures, fittings & equipment 25% on cost

2.7 Leasing and hire purchase commitments

Rental charges are charged on a straight line basis over the term of the lease.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

The trustees seek to use short term deposits to maximise the return on monies held at the bank and to manage cash flow.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.9 Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

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Notes to the financial statements for the year ended 31 March 2022: continued

2.10 Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

2.11 Fundraising

Funds are raised through individual donations, grants from Trusts, Foundations and Government grants and contracts. Some fundraising events may also be carried out.

2.12 Pensions

The charity operates an Auto Enrolment defined contribution pension scheme.

Contributions are charged to the Statement of Financial Activities as they are incurred.

Volunteers and donated services and facilities 2.13

The value of services provided by volunteers is not incorporated into these financial statements as it is impractical to estimate such value.

Where services and facilities are provided to the charity as a donation that would normally be purchased from our suppliers, this contribution is included in the financial statements at an estimate based on the value of the contribution to the charity.

18

Vauxhall Gardens Community Centre

Notes to the financial statements for the year ended 31 March 2022: continued

3
Donations and legacies
Grants:
CAF Resilience Fund
Sport England Grant
CJRS Grant
London Borough of Lambeth
London Borough of Lambeth:
Kickstart
Lambeth Mission Development
Citygrove Securities PLC
Donations:
Sundry donations
4
Community Centre income:
Hall hire
Studio and office rentals
Basement/Café rental
Sundry income
5
Income from investments
Interest receivable
Income from charitable activities
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
2022
2021
£
£
-
-
-
-
25,510
25,510
-
-
-
9,580
9,580
-
-
-
13,046
13,046
12,000
15,280
27,280
25,000
25,000
2,120
-
2,120
-
2,000
2,000
-
2,000
2,000
-
-
-
400
325
725
-
-
-
14,520
19,605
34,125
-
73,136
73,136
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
2022
2021
£
£
46,555
-
46,555
3,935
-
3,935
55,375
-
55,375
41,735
-
41,735
13,135
-
13,135
3,107
-
3,107
7,822
-
7,822
3,391
-
3,391
122,887
-
122,887
52,168
-
52,168
Unrestricted
Restricted
Total
Unrestricted
Restricted
Total
2022
2021
£
£
3
-
3
5
-
5

19

Vauxhall Gardens Community Centre

Notes to the financial statements for the year ended 31 March 2022: continued

6 Analysis of expenditure

Centre Centre Other Centre Other Centre Community Community 2022 2021
management costs projects Total Total
£ £ £ £ £
Cost of raising funds: 12,851 - - 12,851 3,840
Charitable activities:
Staff costs (note 8) 44,859 - - 44,859 32,627
Administrative support 12,851 - - 12,851 13,805
Premises costs - 49,046 - 49,046 37,938
Office costs - 3,334 - 3,334 1,734
Insurance - 4,191 - 4,191 2,668
Finance costs - (4,659) - (4,659) 144
Miscellaneous expenses - 657 - 657 1,738
VGCC Project - 10,245 - 10,245 -
Foodbank - 2,607 - 2,607 -
Depreciation charges - 2,496 - 2,496 161
Other costs 600 23 - 623 1,503
Governance costs - 720 - 720 720
Charitable activities 58,310 68,660 - 126,970 93,038
Total expenditure 2022 71,161 68,660 - 139,821 96,878
Of the total expenditure: Unrestricted Restricted Total
2022 £ 124,349
£ 15,472
£ 139,821
2021 £ 33,322
£ 63,556
£ 96,878

Analysis of expenditure - prior year comparative

Cost of raising funds:
Charitable activities:
Staff costs (note 8)
Administrative support
Premises costs
Office costs
Insurance
Finance costs
Miscellaneous expenses
VGCC Project
Christmas Party
Depreciation charges
Other costs
Governance costs
Charitable activities
Total expenditure 2021
Centre
management
Other Centre
costs
Community
projects
2021
Total
£
£
£
£
3840
3,840
32,627
-
-
32,627
13,805
-
-
13,805
-
37,938
-
37,938
-
1,734
-
1,734
2,668
-
2,668
-
144
-
144
-
1,738
-
1,738
-
-
-
-
-
-
-
-
-
161
-
161
570
933
-
1,503
-
720
-
720
47,002
46,036
-
93,038
50,842
46,036
-
96,878

20

Vauxhall Gardens Community Centre

Notes to the financial statements for the year ended 31 March 2022: continued

7
Net income for the year
The net income for the year is stated after charging:
Depreciation of tangible fixed assets owned by
the Charity
Independent Examination
8
Staff costs
Staff costs during the year were:
Salaries and wages
Social Security costs
Employer’s contribution to defined contribution pension schemes
2022
2021
£
£
2,496
161
720
600
2022
2021
£
£
44,067
32,040
-
-
792
587
44,859
32,627

There were no full-time members of staff (2021: none) and two part-time members of support staff (2021: two) during the year, with one additional member of support staff paid on a freelance basis. During the year 2 apprentices were emplyed under the KickStart programme.

There were no employees whose annual remuneration was £60,000 or more.

The key management personnel of the charitable company are the trustees who do not receive remuneration and the centre manager. Total employee benefits in the year paid to key management personnel including NIC and pension were £39,688 (2021: £28,259).

None of the Trustees (or any person connected with them) received any remunerations from the charity during the year.

9 Tangible fixed assets

Cost:
At 1 April 2021
Additions at cost
At 31 March 2022
Depreciation:
At 1 April 2021
Charge for year
At 31 March 2022
Net book value:
At 31 March 2022
At 31 March 2021
Fixtures & fitting
Boiler
Office equipment
Total
£
£
£
9,426
998
10,424
720
25,602
1,588
27,910
10,146
25,602
2,586
38,334
9,426
998
10,424
180
2,134
182
2,496
9,606
2,134
1,180
12,920
540
23,468
1,406
25,414
-
-
-
-

21

Vauxhall Gardens Community Centre

Notes to the financial statements for the year ended 31 March 2022: continued

10
Debtors
Due within one year:
Accrued income and other debtors
Trade debtors
Prepayments
11
Creditors
Amounts falling due within one year:
Trade creditors
Social Security and other taxes
Deposits
Deferred income
Accruals
12
Analysis of net assets between funds
Fund Balances at 31 March 2022 are represented by:
Tangible Fixed Assets
Current Assets
Creditors: Amounts falling due within one year
Total net assets
Analysis of net assets between funds -prior year comparative
Fund Balances at 31 March 2021 are represented by:
Tangible Fixed Assets
Current Assets
Creditors: Amounts falling due within one year
Total net assets
2022
2021
£
£
2,593
5,706
18,608
-
5,000
5,482
26,201

11,188
2022
2021
£
£
-
2,642
724
-
10,661
6,988
6,478
-
5,002
2,354
22,865

11,984
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
25,414
-
25,414
104,895
13,713
118,608
(22,865)
-
(22,865)
2022
2021
£
£
2,593
5,706
18,608
-
5,000
5,482
26,201

11,188
2022
2021
£
£
-
2,642
724
-
10,661
6,988
6,478
-
5,002
2,354
22,865

11,984
107,444
13,713
121,157
Unrestricted
Restricted
Total
Funds
Funds
Funds
£
£
£
-
-
-
106,367
9,580
115,947
(11,984)
-
(11,984)
94,383
9,580
103,963

22

Vauxhall Gardens Community Centre

Notes to the financial statements for the year ended 31 March 2022: continued

13 Funds

The income funds of the charity include restricted and unrestricted funds comprising the following unexpended balances of donations and grants held on trust:

Restricted Funds
Sport England Grant
VGCC HAF Project
Foodbank
Total Restricted Funds
Unrestricted funds:
General funds
Total funds
At 1 April 2021
Incoming
Outgoing
At 31 March 2022
£
£
£
£
9,580
-
( 9,580)
-
-
15,605
( 3,285)
12,320
-
4,000
(2,607)
1,393
9,580
19,605
( 15,472)
13,713
94,383
137,410
(124,349)
107,444
103,963
157,015
(139,821)
121,157

Description of restricted funds

Sport England Grant – Second round grant from Sport England to continue providing free fitness classes to the local community in partnership with Sportworks.

VGCC HAF Project – this a Lambeth Council funded programme to tackle food poverty, this is targeted to school kids during holiday periods following the campaign by footballer Marcus Rushford.

Foodbank – VGCC project to tackle food poverty so this programme provides food parcels to families who are struggling with cost of living. This is being funded with donations from Citygrove, Fare Share/Felix Project, Planzheros (surplus food from Borough Market), Lambeth Mission and St Mary’s and St Anselm’s churches and individuals.

CAF Resilience Fund – Funding from CAF bank during Covid-19, we applied and got awarded funding towards our rent, staff salaries, utility bills and part of it was used to start the foodbank.

Sport England Grant – First grant from Sport England to run the fitness class which was run from July 2021 to March 2022.

London Borough of Lambeth – various small grants from Lambeth for support during Covid-19

Funds - prior yearcomparative
Restricted Funds
CAF Resilience Fund
Sport England Grant
CJRS Grant
London Borough of Lambeth
Total Restricted Funds
Unrestricted funds:
General funds
Total funds
At 1 April 2020
Incoming
Outgoing
At 31 March 2021
£
£
£
£
-
25,510
(25,510)
-
-
9,580
-
9,580
-
13,046
(13,046)
-
-
25,000
(25,000)
-
-
73,136
( 63,556)
9,580
75,532
52,173
(33,322)
94,383
75,532
125,309
( 96,878)
103,963

23

Vauxhall Gardens Community Centre

Notes to the financial statements for the year ended 31 March 2022: continued

14 Related parties

There are no related party transactions to disclose for 2022 (2021: none).

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

15 Trustees

No trustee or person connected with them was paid or reimbursed expenses during the year (2021:Nil) and no trustee or person connected with them received any emolument or payment for professional or other services (2021:Nil).

16 Pension and other post-retirement benefit commitments

Defined contribution

2022 2021
£ £
Contributions payable by the company for the year 792 587

At 31 March 2022 £155 was outstanding (2021:£114).

17 Operating lease commitments

There are no commitments under non-cancellable operating leases at 31 March 2022 (2021:Nil)

18 Contingent assets or liabilities

There are no contingent assets or liabilities at 31 March 2022 (2021: Nil).

19 Taxation

Due to its charitable status the Community Centre is a tax exempt entity. The trustees are not aware of any matters which might prejudice the tax status of the Community Centre.

24