 

##  

 

##  

##  

 

##  

 

 

   

 



   

##  

##  

  

##  

           

##  

 

                     

  

    

       



   

##    

##  

      

          

[]            

       

      

##  

              

 



   

##    

##  

                      

##  

            

       

       

   

 



   

##    

##  

          

##  

          

##  

     

##  

        

 



   

##    

##  

     

            

                    

       

     

     

 



   

##    

     

##  

           

##  

           

     

##  

  

 

  

             

           

 



   

##    

    

                              

##  

        

      

##  

      

 



   

##    

##  

 

-        

-    

-  

-   

-     

-   

-    

-   

-   

 



THE SIDINGS COMMUNITY CEl￿RE
U.PAITEDBY GIAwfÈÈ21>Mg ￿(lIA￿rrYiTh.
TRUSTEES ANNUAL REPORT. YEAR ENDED 31 MARCH 1023 (c￿¢1•￿¢4)
RKSPONSIBILITIES OF THK TRiisfiES
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AUDITOR
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rn￿￿ Wldcr $￿tion 487 of the CJJmF•nies Act 2￿.
S￿LLCOMpANy PROVISIOPIS
This r¢port h&8 b¢¢n FY¢pNrtyJ in a¢¢orkn with provi5ion5 fw small comrAEi65
hder 15 octhe (L¥np￿JCS Acl 2(￿.


We have audited the financial statements of The Sidings Community Centre for the year ended 31 March 2023 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes.  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: 

- 3 and 

- of its income and expenditure for the year then ended: 

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 

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

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant to our audit of the financial statements bilities 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. 

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 charity'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 directors with respect to going concern are described in the relevant sections of this report. 

The trustees are responsible for the other information. The other information comprises the information opinion on 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. 

In our opinion, based on the work undertaken in the course of the audit: 

- year for which the financial statements are prepared is consistent with the financial statements; and 

- applicable legal requirements. 

In the light of the knowledge and understanding of the Charity and its environment obtained in the course 

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: 

- adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or 

- the financial statements are not in agreement with the accounting records and returns; or 

we have not received all the information and explanations we require for our audit. 

As explained more 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 they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. 

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 Charity or to cease operations, or have no realistic alternative but to do so. 

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are 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 are set out below. 

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following: 

We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity's policies and procedures relating to: 

   - Detecting, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance; 

   - Detecting of the risks of fraud and responding whether they have knowledge of any actual or suspected fraud; 

   - The internal controls in place to mitigate risks related to fraud or non-compliance with laws and regulations. 

- We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience. 

- We performed analytical procedures to detect any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. 

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 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 


3 of Part 16 of the Companies Act 2006.  Our audit work has been undertaken so that we might state to other purpose.  To the fullest extent permitted by law, we do not accept or assume responsibility to anyone or for the opinions we have formed. 



30 January 2024 

 



The Sidings Community Centre
(Company Limited By Guarantee)
ststement of Financial Activities Ilncorpgrating The Income And Expenditure Account)
Year ended 31 March 2023
Unrestrlcted Restrlcted
Funds
Funds
2023
2023
Total
Funds Total Funds
2023
2022
Income from:
Donation5
Charitable activitie5
Investment income
Other trading activities
35,741
30,889
191
6,100
35,741
395,594
191
6,100
26,734
366,634
364,705
5,631
Total Income
72,921
364,705
437.626
399,002
Expenditure on..
Charitable activities
115,128
355,437
470,565
428,206
Total expenditurè
115,128
355,437
470,565
428.206
Net lexpendlturelllncome for the year
142,2071
9,268 132,9391 129,2041
Transfer between funds
Net movements in funds
142,2071
9,268 132.9391 129,2041
Rèconciliation of funds..
Total funds brought forward
64,213
36,058
100,271
129,475
Total fund5 carried forward
14
100 271
All ol the above results are derived Irorn continuing activities.
There were no other recogni5ed gain5 or105ses other than those stated above.
The attached note5 forrn part of these financial statements.
14

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15

**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year Ended 31 March 2023** 

## **1 Accounting policies** 

## **a)        Basis of preparation** 

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) and the Companies Act 2006. 

The charitable 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 or note. 

## **b) Going concern** 

The trustees are aware that the company generated a loss of £32,939 during the year in review. In order to be sure that there are no material uncertainties about the charitable company's ability to continue as a going concern continuing assessments of the company's trading and cash flow will be carried out by management and reported to the trustees on a regular basis. The trustees consider that this control will be sufficient to ensure that there are no sources of 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. 

## **c) 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. 

Income from government and other grants, whether grants or grants, 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 received in advance for the provision of specified service is deferred until the criteria for income recognition are met. 

## **d) Donations of gifts, services and facilities** 

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the annual report for more information about their contribution. 

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt. 

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. 

16 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year Ended 31 March 2023** 

## **1 Accounting policies** 

## **f) Fund accounting** 

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 work or for specific projects being undertaken by the charity. 

## **g) Expenditure and irrecoverable VAT** 

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 classified under the following activity headings: 

- Costs of raising funds comprise of trading costs and the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose. 

- Expenditure on charitable activities includes the costs of delivering services undertaken to further the purposes of the charity and their associated support costs. 

Other expenditure represents those items not falling into any other heading. 

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

## **h) 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 the charity and its and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. 

## **i) Operating leases** 

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

## **j) Tangible fixed assets** 

All fixed assets are initially recorded at cost. Items costing less than £1,000 each are not capitalised, but written off as expense. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: 

Fixtures, fittings & equipment - 15% reducing balance 

## **k) Debtors** 

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

17 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year Ended 31 March 2023** 

## **1 Accounting policies** 

## **l) Cash at bank and in hand** 

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 

## **m) 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. 

## **n) Financial instruments** 

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. 

## **o) Pensions** 

Please refer to trustees report for pensions' policy. 

18 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

|**2 Detailed comparatives for the statement of financial activities**<br>**Income from:**<br>Donations<br>Charitable activities<br>Investment income<br>Other trading activities<br>**Total income**<br>**Expenditure on:**<br>Charitable activities<br>**Total expenditure**<br>**Net income / (expenditure) for the year**<br>Transfer between funds<br>**Net movements in funds**<br>**Reconciliation of funds:**<br>Total funds brought forward<br>**Total funds carried forward**|Unrestricted<br>Funds<br>Restricted<br>Funds<br>Total Funds<br>2022<br>2022<br>2022<br>£<br>£<br>£<br>26,734<br>-<br>26,734<br>23,592<br>343,042<br>366,634<br>3<br>-<br>3<br>5,631<br>-<br>5,631|
|---|---|
||55,960<br>343,042<br>399,002|
||55,870<br>372,336<br>428,206|
||55,870<br>372,336<br>428,206|
||90<br>(29,294)<br>(29,204)<br>4,356<br>(4,356)<br>-|
||90<br>(29,294)<br>(29,204)<br>59,767<br>69,708<br>129,475|
||59,857<br>40,414<br>100,271|



19 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

## **3 Income from charitable activities** 

|**Income from charitable activities**|||||||
|---|---|---|---|---|---|---|
||**Unrestricted**|**Restricted**||Unrestricted|Restricted||
||**Funds**|**Funds**|**Total Funds**|Funds|Funds|Total Funds|
||**2023**|**2023**|**2023**|2022|2022|2022|
||**£**|**£**|**£**|£|£|£|
|Early years, Childcare & Parent support|23,598|-|**23,598**|12,872|-|12,872|
|General centre activities|219|-|**219**|999|-|999|
|Hampstead Wells & Campden Trust|-|16,073|**16,073**|-|10,000|10,000|
|LB Camden - Early Years - Special needs support|-|7,832|**7,832**|-|11,061|11,061|
|LB Camden- VAC Health grant|-|13,736|**13,736**|-|-|-|
|LB Camden - Cost-of-Living Warm Hub Grant (WH)|-|8,357|**8,357**|-|-|-|
|Young Camden Foundation|-|11,960|**11,960**|-|13,331|13,331|
|LB Camden - ACL|-|-|**-**|-|8,613|8,613|
|LB Camden- Early Years (2 Yrs & 3/4 Yrs funding)|-|128,497|**128,497**|-|140,590|140,590|
|LB Camden - CIL Grant|-|15,000|**15,000**|-|10,000|10,000|
|Pears Foundation|-|1,000|**1,000**|-|-|-|
|LB Camden Universal Youth Services|-|29,979|**29,979**|-|29,978|29,978|
|LB Camden Strategic Partner Funding|-|90,000|**90,000**|-|90,000|90,000|
|LB Camden Impact and Resilience grant|-|15,000|**15,000**|-|-|-|
|Mayor for London funding|-||**-**|-|1,600|1,600|
|John Lyon|-|4,000|**4,000**|-|-|-|
|LB Camden Community Food Hub Grants|-|7,500|**7,500**|-|13,143|13,143|
|Play/OSP Summer|450|-|**450**|1,149|-|1,149|
|Youth Club|240|-|**240**|-|-|-|
|Youth Hols|982|1,648|**2,630**|-|-|-|
|Business support grants|-|-|**-**|-|12,000|12,000|
|Out of school project fees|5,400|-|**5,400**|8,572|-|8,572|
|London youth- Basketball project (sports)|-|1,000|**1,000**|-|1,250|1,250|
|City Leaders' project|-|2,765|**2,765**|-|-|-|
|Camden Giving|-|7,738|**7,738**|-|-|-|
|Jack Petchey Foundation|-|1,620|**1,620**|-|-|-|
|Neighbourly/M&S grants|-|1,000|**1,000**|-|-|-|
|Small Grants: London Sports (Youth)|-|-|**-**|-|1,476|1,476|
||**30,889**|**364,705**|**395,594**|23,592|343,042|366,634|



|**4 **|**Income from investments**|||||||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**|**Restricted**||Unrestricted|Restricted||
|||**Funds**|**Funds**|**Total Funds**|Funds|Funds|Total Funds|
|||**2023**|**2023**|**2023**|2022|2022|2022|
|||**£**|**£**|**£**|£|£|£|
||Bank interest receivable|**191**|**-**|**191**|3|-|3|



**5 Income from other trading activities** 

|**Income from other trading activities**||
|---|---|
|Room Lettings<br>Other centre activities|**Unrestricted**<br>**Funds**<br>**Restricted**<br>**Funds**<br>**Total Funds**<br>Unrestricted<br>Funds<br>Restricted<br>Funds<br>Total Funds<br>**2023**<br>**2023**<br>**2023**<br>2022<br>2022<br>2022<br>**£**<br>**£**<br>**£**<br>£<br>£<br>£<br>4,537<br>-<br>**4,537**<br>2,465<br>-<br>2,465<br>1,563<br>-<br>**1,563**<br>3,166<br>-<br>3,166|
||**6,100**<br>**-**<br>**6,100**<br>5,631<br>-<br>5,631|



20 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

## **6 Analysis of expenditure** 

|Advertising and publicity<br>Audit fee<br>Bank charges<br>Caretaker and cleaning<br>Depreciation<br>Direct charitable activites<br>Legal & Professional Fees<br>Light and heat<br>Office expenses<br>Rent & Business Rates<br>Repairs & maintenance<br>Security & insurance<br>Staff costs<br>Telephone<br>Water rates<br>Sundry<br>Support costs<br>Governance costs<br>**Total expenditure 2023**<br>**Total expenditure 2022**|**Charitable**<br>**activities**<br>**Support**<br>**costs**<br>**Governance**<br>**costs Total 2023 Total 2022**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>1,012<br>-<br>-<br>1,012<br>568<br>-<br>-<br>4,950<br>4,950<br>4,300<br>-<br>817<br>-<br>817<br>760<br>-<br>10,514<br>-<br>10,514<br>11,266<br>-<br>358<br>-<br>358<br>421<br>55,719<br>-<br>-<br>55,719<br>57,590<br>-<br>15,143<br>-<br>15,143<br>15,209<br>-<br>23,100<br>-<br>23,100<br>9,579<br>-<br>4,344<br>-<br>4,344<br>3,252<br>-<br>34,094<br>-<br>34,094<br>28,319<br>-<br>3,207<br>-<br>3,207<br>662<br>-<br>6,512<br>-<br>6,512<br>6,096<br>306,550<br>-<br>-<br>306,550<br>286,426<br>-<br>1,927<br>-<br>1,927<br>1,579<br>-<br>541<br>-<br>541<br>924<br>-<br>1,777<br>-<br>1,777<br>1,255|
|---|---|
||**363,281**<br>**102,334**<br>**4,950**<br>**470,565**<br>**428,206**<br>102,334<br>(102,334)<br>-<br>-<br>4,950<br>-<br>(4,950)<br>-<br>**470,565**<br>**-**<br>**-**<br>**470,565**<br>**428,206**<br>-<br>-<br>**428,206**|



Of the total expenditure, £355,437 (2022: £372,336) was restricted and £115,128 (2022: £48,117) was unrestricted. 

21 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

## **6a Analysis of expenditure(prior year)** 

|Advertising and publicity<br>Audit fee<br>Bank charges<br>Caretaker and cleaning<br>Depreciation<br>Direct charitable activites<br>Legal & Professional Fees<br>Light and heat<br>Office expenses<br>Rent & Business Rates<br>Repairs & maintenance<br>Security & insurance<br>Staff costs<br>Telephone<br>Water rates<br>Sundry<br>Support costs<br>Governance costs<br>**Total expenditure 2022**|**Charitable**<br>**activities**<br>**Support**<br>**costs**<br>**Governance**<br>**costs Total 2022 Total 2021**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>568<br>-<br>-<br>568<br>216<br>-<br>-<br>4,300<br>4,300<br>4,300<br>-<br>760<br>-<br>760<br>660<br>-<br>11,266<br>-<br>11,266<br>12,743<br>-<br>421<br>-<br>421<br>496<br>57,590<br>-<br>-<br>57,590<br>24,749<br>-<br>15,209<br>-<br>15,209<br>9,624<br>-<br>9,579<br>-<br>9,579<br>7,042<br>-<br>3,252<br>-<br>3,252<br>3,905<br>-<br>28,319<br>-<br>28,319<br>17,200<br>-<br>662<br>-<br>662<br>149<br>-<br>6,096<br>-<br>6,096<br>5,145<br>286,426<br>-<br>-<br>286,426<br>277,157<br>-<br>1,579<br>-<br>1,579<br>1,876<br>-<br>924<br>-<br>924<br>1,696<br>-<br>1,255<br>-<br>1,255<br>3,021|
|---|---|
||**344,584**<br>**79,322**<br>**4,300**<br>**428,206**<br>**369,979**<br>79,322<br>(79,322)<br>-<br>-<br>4,300<br>-<br>(4,300)<br>-<br>**428,206**<br>**-**<br>**-**<br>**428,206**|



22 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

## **7 Net Income/ (Expenditure) for the year** 

This is stated after charging: 

|Depreciation|**2023**<br>2022<br>**£**<br>£<br>**358**<br>421<br>**3875**<br>3583|
|---|---|



## **8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel** 

**Total staff costs were as follows:** 

|Wages and salaries<br>Social security costs<br>Employer`s pension contributions|**2023**<br>2022<br>**£**<br>£<br>**281,528**<br>269,757<br>**20,980**<br>13,424<br>**4,042**<br>3,245|
|---|---|
||**306,550**<br>286,426|



## **Particulars of employees:** 

The average number of employees (head count based on number of staff employed) during the year was as 21 (2022: 18). 

The total employee benefits including pension contributions and Employer`s National insurance of the key management personnel were £40,800 (2022: £39,032). 

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: £nil) neither were they reimbursed expenses during the year (2022: £nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £nil). 

## **9 TAXATION** 

The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. 

## **10 TANGIBLE FIXED ASSETS** 

|**COST**<br>At the start of the year<br>Additions<br>At the end of the year<br>**DEPRECIATION**<br>At the start of the year<br>Charge for the year<br>At the end of the year<br>**NET BOOK VALUE**<br>**At the end of the year**<br>At the start of the year<br>**DEBTORS**<br>Other debtors|**Fixtures,**<br>**fittings &**<br>**equipment**<br>**Total**<br>**£**<br>**£**<br>23,918<br>23,918<br>-<br>-|
|---|---|
||**23,918**<br>**23,918**|
||21,530<br>21,530<br>358<br>358|
||**21,888**<br>**21,888**|
|||
||**2,030**<br>**2,030**|
|||
||2,388<br>2,388|
||**2023**<br>2022<br>**£**<br>£<br>**25,609**<br>30,234|
||**25,609**<br>30,234|



## **11 DEBTORS** 

23 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

## **12 CREDITORS: Amounts falling due within one year** 

|**CREDITORS: Amounts falling due within one year**||
|---|---|
|Accruals<br>Other Creditors|**2023**<br>2022<br>**£**<br>£<br>**4,650**<br>4,000<br>**15,942**<br>24,175|
||**20,592**<br>28,175|



|**13**<br>**ANALYSIS OF NET ASSETS BETWEEN FUNDS**<br>**Year Ended 31 March 2023**<br>Tangible fixed assets<br>Net current assets<br>**Net assets at the end of the year**<br>Year Ended 31 March 2022<br>Tangible fixed assets<br>Net current assets<br>Net assets at the end of the year|**General**<br>**unrestricted funds**<br>**Designated**<br>**funds**<br>**Restricted**<br>**funds**<br>**Total**<br>**funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**2,030**<br>**-**<br>**-**<br>**2,030**<br>**19,976**<br>**-**<br>**45,326**<br>**65,302**|
|---|---|
||**22,006**<br>**-**<br>**45,326**<br>**67,332**|
||General<br>unrestricted funds<br>Designated<br>funds<br>Restricted<br>funds<br>Total<br>funds<br>£<br>£<br>£<br>£<br>2,388<br>-<br>-<br>2,388<br>95,475<br>-<br>2,408<br>97,883|
||97,863<br>-<br>2,408<br>100,271|



|**14**|**FUNDS (CONTINUED)**|
|---|---|
||**Year Ended 31 March 2023**|



|Hampstead Wells & Campden Trust<br>LB Camden - Early Years - Special needs support<br>LB Camden - S106 Capital Works Grant<br>LB Camden- VAC Health grant<br>LB Camden - Cost-of-Living Warm Hub Grant (WH)<br>LB Camden Youth Safety Grant<br>LB Camden grant for WHC Food hub<br>Small Grants: London Sports (Youth)<br>Mayor for London Fund (change of title)<br>LB Camden Strategic Partner Funding<br>LB Camden Impact and Resilience grant<br>LB Camden - CIL Grant<br>LB Camden - Universal Youth Services Annual Grant<br>LB Camden-Early Years (2 Yr/3&  yrs old Free Places<br>& NEF)<br>Young Camden Foundation<br>London Youth Grants<br>The Neighbourly Youth Fund<br>Young Camden Foundation<br>London Youth (Sports)<br>Jack Petchey Foundation<br>John Lyon<br>Camden Giving<br>We Make Camden small grant<br>Pears Foundation<br>**General Funds**<br>**Total Unrestricted Funds**<br>**Total Funds**|**At the start of**<br>**the year**<br>**Incoming**<br>**resources**<br>**Outgoing**<br>**resources**<br>**Transfer**<br>**between**<br>**funds**<br>**At the end**<br>**of the year**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**-**<br>**16,073**<br>**(8,073)**<br>**-**<br>**8,000**<br>**-**<br>**7,832**<br>**(7,832)**<br>**-**<br>**-**<br>**20,771**<br>**-**<br>**(4,713)**<br>**-**<br>**16,058**<br>**-**<br>**13,736**<br>**(6,740)**<br>**-**<br>**6,996**<br>**-**<br>**8,357**<br>**(4,259)**<br>**-**<br>**4,098**<br>**8,973**<br>**-**<br>**(3,963)**<br>**-**<br>**5,010**<br>**-**<br>**7,500**<br>**(7,500)**<br>**-**<br>**-**<br>**2,214**<br>**-**<br>**(1,534)**<br>**-**<br>**680**<br>**1,600**<br>**-**<br>**(1,600)**<br>**-**<br>**-**<br>**-**<br>**90,000**<br>**(90,000)**<br>**-**<br>**-**<br>**-**<br>**15,000**<br>**(15,000)**<br>**-**<br>**-**<br>**15,000**<br>**(15,000)**<br>**-**<br>**-**<br>**-**<br>**29,979**<br>**(29,979)**<br>**-**<br>**-**<br>**-**<br>**128,497**<br>**(128,497)**<br>**-**<br>**-**<br>**-**<br>**11,960**<br>**(11,960)**<br>**-**<br>**-**<br>**-**<br>**2,765**<br>**(2,765)**<br>**-**<br>**-**<br>**-**<br>**1,000**<br>**(1,000)**<br>**-**<br>**-**<br>**-**<br>**1,648**<br>**(1,648)**<br>**-**<br>**-**<br>**2,500**<br>**1,000**<br>**(1,588)**<br>**-**<br>**1,912**<br>**-**<br>**1,620**<br>**(1,020)**<br>**-**<br>**600**<br>**-**<br>**4,000**<br>**(4,000)**<br>**-**<br>**-**<br>**-**<br>**6,538**<br>**(6,538)**<br>**-**<br>**-**<br>**1,200**<br>**(228)**<br>**-**<br>**972**<br>**-**<br>**1,000**<br>**-**<br>**-**<br>**1,000**|
|---|---|
||**36,058**<br>**364,705**<br>**(355,437)**<br>**-**<br>**45,326**|
||**4,356**<br>**-**<br>**-**<br>**4,356**<br>**1,000**<br>**-**<br>**-**<br>**-**<br>**1,000**<br>**58,857**<br>**72,921**<br>**(115,128)**<br>**-**<br>**16,650**|
||**64,213**<br>**72,921**<br>**(115,128)**<br>**-**<br>**22,006**|
|||
||**100,271**<br>**437,626**<br>**(470,565)**<br>**-**<br>**67,332**|



24 



**The Sidings Community Centre (Company Limited By Guarantee) Notes to the Financial Statements Year ended 31 March 2023** 

## **14 FUNDS (CONTINUED)** 

**Year Ended 31 March 2022** 

|Hampstead Wells & Campden Trust<br>LB Camden - Early Years - Special needs support<br>LB Camden - S106 Capital Works Grant<br>LB Camden Youth Safety Grant<br>BBC- Children In Need<br>LB Camden grant for WHC Food hub<br>LB Camden- ACL (UK Online)<br>LB Camden- IYSS ( Youth Small Grants)<br>Small Grants: London Sports (Youth)<br>Mayor for London Fund (change of title)<br>LB Camden Strategic Partner Funding<br>LB Camden - Universal Youth Services Annual Grant<br>LB Camden-Early Years (2 Yr/3&  yrs old Free Places<br>& NEF)<br>Young Camden Foundation<br>LB Camden CIL Grant for WH Community Food hub<br>Rates Support Grant - COVID recovery<br>London Youth (Sports)<br>General Funds<br>Total Unrestricted Funds<br>Total Funds|At the start of<br>the year Incoming resources<br>Outgoing<br>resources<br>Transfer<br>between<br>funds<br>At the end<br>of the year<br>£<br>£<br>£<br>£<br>£<br>2,000<br>10,000<br>(12,000)<br>-<br>-<br>-<br>11,061<br>(11,061)<br>-<br>-<br>26,771<br>-<br>(6,000)<br>-<br>20,771<br>10,000<br>-<br>(1,027)<br>-<br>8,973<br>11,660<br>-<br>(11,660)<br>-<br>-<br>-<br>13,143<br>(13,143)<br>-<br>-<br>-<br>8,613<br>(8,613)<br>-<br>-<br>5,356<br>-<br>(1,000)<br>(4,356)<br>-<br>738<br>1,476<br>-<br>-<br>2,214<br>-<br>1,600<br>-<br>-<br>1,600<br>-<br>90,000<br>(90,000)<br>-<br>-<br>3,798<br>29,978<br>(33,776)<br>-<br>-<br>8,135<br>140,590<br>(148,725)<br>-<br>-<br>-<br>13,331<br>(13,331)<br>-<br>-<br>-<br>10,000<br>(10,000)<br>-<br>-<br>-<br>12,000<br>(12,000)<br>-<br>-<br>1,250<br>1,250<br>-<br>-<br>2,500|
|---|---|
||69,708<br>343,042<br>(372,336)<br>(4,356)<br>36,058|
||-<br>-<br>-<br>4,356<br>4,356<br>1,000<br>-<br>-<br>-<br>1,000<br>58,767<br>55,960<br>(55,870)<br>-<br>58,857|
||59,767<br>55,960<br>(55,870)<br>4,356<br>64,213|
|||
||129,475<br>399,002<br>(428,206)<br>-<br>100,271|



## **15 RELATED PARTY TRANSACTIONS** 

Sidings Community Centre is a member of the a charity registered in England &Wales. (Reg. Charity No 1100716). There are no related party transactions to disclose for 2023 (2022: none). 

## **16 LEGAL STATUS OF THE CHARITY** 

The charity is a company limited by guarantee and has no share capital. Each member is liable to contribute a sum not exceeding £1 in the event of the charity being wound up. 

25