COMPANY REGISTFiATION NUMBER: 02196012
CHARITY REGISTRATION NUMBER.. 298215
Primrose Hill Community Association
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2024
GROWtAN & COMPANY
Chartered Accountants
5 Violet Hill
St. John's Wood
London
NW8 9EB

Primrose Hill Community Association
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2024
Page
Trustees, annual report {inGorporating the director's report)
Independent examinerfs report to the trustees
Statement of financial activities (including income and
expenditure account)
Statement of financial position
Noles to the financial statements
The following pages do not form part of the financial statements
Appendix I
Detailed statement of financial activities
19
Notes to the detailed statement of financial activities
21
Appendix11
Community Association Management Accounts
Appendlx111
Community Library Managemenl Accounts

Primrose Hill Community Association
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report)
Year ended 31 March 2024
The trustees, who are also the d1￿clOrS for the purposes of company law, present their report and the
unaudited financisl slalemenls of the charity for the year ended 31 March 2024.
Referenc8 and administrativ8 dètails
Reglstered charity name
Primrose Hill Community Association
Charity registration number
298215
Company reglstration number 02198012
Principal office and registered 29 Hopkinsons Place
office
Fitzroy Road
London NW18TN
The trijstees
Marijke Good {chairl
Maureen Bells (Vice Chairl
N8dia Crandall (Treasurer)
Lucy Collrell
Catherine Daly
Debbie Marshall
Elizabeth Middleton
Dorothy Marden
Jason Pillock
(Appointed 16 November 20231
(Appointed 16 November 2023)
(Appointed 16 November 20231
{Relired 16 November 20231
(Retired 16 November 20231
Company secretary
Lorna Fowler
Independent examlner
Al Groman FCA
5 Violet Hill
St. John's Wood
London
NW8 9EB

Primrose Hill Community Association
Company Limited by Guarantee
Trustees, Annual Report Ilncorporating the Director's Report) (conVntsÈdJ
Year ended 31 March 2024
structure. governance and management
Govèrning Document
The Gharily is constituted as a company limited by guarantee and is therefore govemed by a
Memorandum and Articles ofAssocialion, dated 19 November 1987 and also registered with the Charity
Commissioners.
Appolntment. Induction & training of Trustees
All members are circulated with invitations lo nominate trustees prior to the AGM advising them of the
retiring trustees and requesting nominations for the AGM. When considering co-opting Iruslees, the
Board has regard to the requirement for any specialist skills needed.
New Iruslees undergo an orienl81ion day lo brief them on their legal obligations under charity and
company law, the conlenl of the Memorandum and Articles of Association, the committee 8nd decision
making processes, the business plan and recent financial performan￿ of the charity.
During the induction day they meet key employees and other trustees.
Trustees are encouraged lo allend appropriate external training events where these will facililale the
undertaking of their role.
Oryanlsatlon
The charity is organised so that the directors meet regLJlarly lo manage ils affairs. There is one full lime
executive, M Hudspeth, who both manages the day lo day administration of the charity and organises
fundraising inilialives. The remaining staff a￿ employed lo run particular service sections orwilh specific
adminislralion or building responsibilities.
Risk management
The Iruslees regularly discuss the risks the charity may face, and when potential risks are identified
systems and procedures lo miligale those risks are pul in place, together with the implementation of
procedures designed to Minimise any potential impact on the chaiily should those risks malerialise.
Oblectlves and actlvltles
The charity's object and ils principal activity continue to be that of promoting the benefit of those persons
living and working in that part of the London Borough of Camden which lies within a half mile radius of
the Cenlre.
The trustees have refer￿d lo th& guidance ¢onlain8d in the Charity Commission's general guidance on
public henefil when revieThqng our aims and objectives and in planning our future seNices. In particular
the board of Iruslees consider how our planned services will contribute lo the aims and objectives they
have set.
strategic report
The following sections for achievements and performance and financial review form the strntagic report
of the charity.

Primrose Hill Community Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) (¢onlinuedJ
Year ended 31 March 2024
Achievements and performanGe
During the course ofthe year our events team were very busy, running Iwo jumble sales (April 2023 and
March 20241 which are always really popular and of course a great way of recycling and re-using. This
was followed by our regular Top of the Hill Quiz which was a sell out, then our big summer event. the
Mad Hatters Tea Party in Chalcol Square Gardens which is a real community event with live music
throughout the afternoon, lols of children's activities including a magician, free lea, cake and
sandwiches. November saw another full house for the bi-annual Disco. In December we had a
Christmas party for members of the PHCA and several talks throughout the year. In January we had
a traditional Burns Night, and also several 'Lasl Friday in the Month, themed Bar events.
Our regular activities include ourweekly Open House session, which brings people together lo listen to
talk, watch a film. go on an outing or similar. Now in its 11th year and still making connections in the
area. Other regular activities include Zumba classes. Primrose Hill Walks, Chair Yoga, Qi Gong,
Sunday Bar, Life Drawin9, Bereavement Group. Lego Club elc. We also host two Narcotics
Anonymous sessions al the centre each week, which we see as really important. We also hosted their
Unity Day. which allows families and friends of NA members lo mix and socialise over the course of the
day.
Neighbourhood Nosh food project continues, providing food and meals to people in need in the area.
including the Wellbeing Café, which provides basic home made food to people on a donations only
basis.
The free market is also a very important part of the service.
Our'on the Hill, magazine continues to provida a wonderful flavour of what goes on in the area. and is
a great tool lo promote the work we do.
The Library operal8s as a library four days a week for book loans, printing. ¢ompulor use, daily papers,
quiet spa￿, whilst also hosting several aLJlhor talks, a book club, chess club. games night, monthly live
gigs, a monlhty Film Show. book and c4ke sales, and various community classes. For young children
there is Ballet, Rhyme Time and twice monthly 'Big Book of Everything, as well as visits from the
reception class of Primrose Hill School.
Financlal revlew
The Association. in this context the ¢ombinalion of the Community Centre and the Library. made a
surplus of £ 89,83112023.. £74.8311 in the financial year, April 2023 to March 2024. This is the combined
result of the Community Centre and the Library.
In practice the funding and Ac¢ounts of the two organisalions are kept separate.
The combined Accounts exclude inter-organisalional charges because they are one stalulory body.
However, these charges do affect the operational results of each party. The Management Accounts of
the Community Association and the Library are allached as a key element in the Trustees Report. There
are reports from both Treasurers attached to their separate Management Accounts. (See Appendices11

Primrose Hill Community Association
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Director's Report) Iconllnued)
Year ended 31 March 2024
Plans for Future Periods
Everything is now in place lo start our Memory Choir. specifically for people with dementia and other
neurological conditions, and will be opening our Wellbeing Café either side of il to en¢ouraue socialising
within the group.
Neighbourhood Nosh continues lo seNe a need in the community and has evolved and adapted over
lime as conditions on the ground change. We constantly strive to use our limited resources usefully
and efficiently.
The library and community centre will continue to Provide free or low price aclivi(ies, ¢las5es and
services for the benefit of local people in the community. We will continue lo engage across the
neighbourhood through our various communication channels which include 'On the Hill. magazine,
so¢ial media. newsletters and hard copy posters across the area.
Thé trustees, annual report and the strategic report were approved on
on behalf of the board of Iruslees by..
Marijke Good (Chairl
Trustee

Primrose Hill Community Association
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Primrose Hill Community
Association
Year ended 31 March 2024
report to the trustees on my examination of the financial slalemenls of Primrose Hill Community
Association I'lhe charily'l for the year ended 21 March 2024.
Responsibilities and basis of report
As the Iruslees of the company {and also ils directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies AGI 20061'lhe 2006 Acl'l.
Having salisfieLI myself that the accounts of the company are not required lo be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Acl'l. In
carrying out my examination I have followed the Dire¢tions given by the Charity Commission under
section 14515llbl of the 2011 Act.
Independent examinerfs statement
Since the ¢harily's gross income 8x¢èeded £250.000 your examiner musl be a member of a body listed
in section 145 of the 2011 Act. I confirm that l arn qualified lo undertake the examination because l am
a mernber of the Inslilule of Chartered Accounlanls in England and Wales IICAEW), which is one of the
listed bodies.
I have completed my examination. I confirm that no matters have come lo my attention in connection
with the examination giving me cause lo believe..
accounting records were not kept in respect of the charity as required by Section 386 of the
2006 Act., or
the financial slalemenls do not accord with those records., or
the financial slalemenls do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'lrue and fairf view which is not
a maller considered as part of an independent examination,. or
the financial statements have not been prepared in accordance with the methods and
principles of the Slalemenl of Recommended Practice for accounting and reporting by
charities applicable lo charities preparing their accounts in accordan￿ with the Financial
Reporting Standard appli¢able in the UK and Republic of Ireland IFRS 1021.
I have no concerns and have come across no other mallers in connection with the examination lo which
attention should be drawn in this report in order lo enable a proper understanding of the accounts lo be
reached.
Al Groman FCA
Independent Examiner
5 Vlolel Hill
Sl. John's Wood
London
NW8 9EB

Primrose Hill Community Association
Company Limited by Guarantee
Statement of Financial Activities
(including income and expenditure account)
Year ended 31 March 2024
2024
Unrestrictèd Restricted
fulld5
fund$ Totsl funds Total funds
2023
Note
Income and endowments
Donations and legacies
Investment income
Other income
30,412
5,180
137.210
115,147
14.881
73.114
145,559
20,061
210.324
127,289
3,538
206,403
Total income
172,802
203,142
375,944
337.230
Expenditure
Expenditure on raising funds..
Costs of raising donations and
lega¢i¢s
Expenditure on chaTilable activities
Totsl exp8nditur8
18,402
126,034
144,436
18,402
279.061
297,463
15,928
245,851
261.779
9,10
153.027
153,027
Net income
19,775
58.706
78.481
75,451
Other recognised gains and losses
Gainslllossesl from revaluation of fixed
assets
11,350
11,350
16201
74,831
Net movement in funds
19,775
70,056
89,831
Reconcillation of fund$
Total fund8 brought fotward
Total funds carried fonmard
474,788
494,563
788,726
1,263,514
1.353.345
1.188,683
858.782
1,263,514
The slalemenl of financial activities includes all gains and losses recognis8d in the year.
All income and expenditure derive from continuing activities.
The not88 on pages 8 to 17 form part of these financlal statements.

Primrose Hill Community Association
Company Limited by Guarantee
Statement of Financial Position
31 March 2024
2024
2023
Nota
Flxed assets
Tangible fixed assets
14
306,278
329.655
Current assets
Debtors
Investments
Cash at bank and in hand
15
16
16,121
346,357
805.392
18,038
40,009
1.040,389
1,167.870
1,098.436
Creditors: amounts falllng due wlthln one year
Net current assets
17
120,803
164.577
1,047,067
1,353,345
1,353.345
933,859
Total assets less current liabilities
1,263,514
1,263,514
Net assets
Funds of the charity
Reslricled income funds..
Revaluation reserve
Olher restricted income funds
Unrestricted funds
27,042
831,740
494,563
14,991
773,735
474,788
1,263,514
Total charity funds
20
1,353,345
For the year ending 31 March 2024 the charty was enlilled lo exemption from audit under section 477
of the Companies Act 2006 relating lo small companies.
Direclors, responsibilities:
The members have not required the company to obtain an audit of ils financial statements for the
year in question in a¢cordance with section 476.,
Thè directors aCkna￿edge their responsibilities for complying with the requirernerils of the Act with
respect lo accounting records and the preparation of financial statements.
These financial slalemenls have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial slalemenls were approved by the board of trustees and aulhorised for issue
on....¢.It..S4rf.40.tr¢f..Z• %.ltrand are signed on behalf of the board by.-
Marijke Good (Chairl
TTuslee
The notes on pages 8 to 17 fomi part of thesè financial stataments.

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2024
General information
The charity is a public benefit entity and a private company limited by guarantee. registered in
England and Wales and a registered charity in England and Wales. The address of the registered
office is 29 Hopkinsons Place, Filzroy Road, London NW1 8TN.
Statèmènt of compliance
These financial slalemenls have been prepared in compliance with FRS 102, The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,, the Slalement 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 1021 (Charities
SORP IFRS 10211 and the Companies Act 2006.
Accounting policies
Basis of preparatlon
The financial slalemenls have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabilities and investment properties measured al fair
value through income or expenditure.
The financial slalemenls are prepared in sterling, which is the functional currency of the entity.
Going concern
There are no material uncertainties about the charity's ability lo continue.
Judgements and key sources of estimation uncertainty
The preparation of the financial slalements requires management lo make judgements, eslimales
and assumptions that affact the amounts reported. These eslimales and judgements are
continually reviewed and are based on experience and other fadors, including expectations of
future events that are believed lo be reasonable under the cArcumslan¢es.
Fund accountlng
Unreslricled funds are available for use al the discretion of the trustees to further any of the
charity's purposes.
Designated funds aré unrestricted funds earmarked by the trustees for particular future project or
comrllilment.
Restricted funds are subjected lo restrictions on their expenditure declared by the donor or through
tha terms of an appeal, and fall into one of two sub-classes.. restricted income funds or endowment
funds.

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continuedj
Year ended 31 March 2024
Accountlng poli¢les (CDnlAnued)
Incoming resources
All incoming resources are included in the slalemenl of financial activities when enlillemenl has
passed lo the charily,. il is probable that the economic benefits associated with the transaction will
flow lo the Charity and the amount can be reliably measured. The following specific policies are
applied lo particular categories of in¢ome'.
income from donations or grants is recognised when there is evidence of enlillement to the
gift. receipt is probable and its amount can be measured reliably.
legacy income is recognise(S when re￿Ipt is probable and enlillemenl is established.
incorne from donated goods is measured al the fair value of the goods unless this is
impractical to measure reliably. in which case the value is derived from the c05110 the donor
or the eslimaled resale value. Donated facilities and seNices are recognised in the accounts
when ￿ceiVed if the value can be reliably measured. No amounts are included for tho
contribution of genèral volunteers.
income from contracts for the supply of seNices is recognIs￿ with the delivery of the
¢onlra¢led seNice. This is classified as unrestiicted funds unless there is a conlraclual
requirement for il lo btt spent on a particular purpose and relumed if unspent, in which case
il may be regarded as restricted.
Resources axpendèd
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is classified under headings of the statement of financial
a¢tivilies to which il relates..
expenditure on raising funds includes the costs of all fundraising aclivf(ies, events, non-
charitable trading activities, and the sale of donated goods.
expenditure on charitable activities includes all costs incurred by a charty in undertaking
activities that further ils charitable aims for the benefit of its beneficiaries, including those
support costs and ¢osts relating to the governan￿ of the charity apportioned lo charitable
activities.
other expenditure includes all expenditure that is neither related lo raising funds forlhe charity
nor part of ils expenditure on charitable aclivilies.
All costs are allocAted lo expenditure categories refle¢ling the use of the resource. Direct costs
allribulable lo a single activity are allocated directly lo that activity. Shared costs are apportioned
between the activities they ¢onl¥ibule lo on a reasonable. justifiable and consislenl basis.
Tanglble ass8ts
Tangible assets are initially recorded at cost, and subsequently slated al cost less any ac¢umulaled
depreciation and impairment losses. Any tangible assets carried al revalued amounts are recoided
al the fair value al the date of revaluation less any subsequent accumulated depreciation and
subsequent a¢cumulated impairment losses.

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements (continued)
Year ended 31 March 2024
Accountlng poll¢Ses (¢onllnued)
Tangible assets Icontlnued)
An increase in the carrying amount of an asset as 8 result of a revaluation, is recognised in other
recognised gains and losses, unless il reverses a charge for impairment that has previously been
reoognised as expenditure within the sialemenl of financial aclivilies. A decrease in the carrying
amount of an asset as a result of revaluation, is recognised in other recognised gains and losses,
except lo which il offsets any previous revaluation gain, in which case the 1055 is shown within
other recognised gains and10sses on the slalemenl of financial activities.
Depreclatlon
Depreciation is calculated so as lo writè off the cost or valuation of an asset, less ils residual value,
over the useful economic life of that asset as follows..
Short leasehold property
Equipment
Slraighl line over the life of the lease
25Qh slraighl line
Impalrment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable
amount being estimated where such indicators exist. Where the carrying value ex¢eeds the
recoverable amount. the asset is impaired accordingly. Prior impairments are also reviewed for
possible reversal al each reporting dale.
For the purposes of impairment testing, when il is not possible to estimate the recoverable amount
of an individual asset. an estimate is made of the recoverable amount of the ¢ash-generaling unit
to which the asset belongs. The cash-generaling unil is the smallest identifiable group of assets
Ih8t includes the asset and generates cash inflows that largely independent of the cash inflows
from other assets or groups of assets.
For impairment lesling of goodwill, the goodwill acquired in a business ¢ombinalion is, from the
acquisition dale, allocated lo each of the cash-generaling units that are expected lo benefit from
the synergies of the combination. irrespective of whether other assets or liabilities of the charity
are assigned lo those units.
Government and local authority grants
Government grants are recognised al the fair value of the asset re￿iVed or receivable. Grants are
not recognised until there is reasonable assurance that the charity will comply with the Conditions
allaching lo them and the grants will t)e received.
Vwhere the grant does not impose specified future performance-relaled Conditions on the recipient,
il is recognised in income when the grant proceeds are received or re¢eivable. Where the grant
does impose specified future performance-related Conditions on the recipient. il is re¢ognised in
income only when the performance-relaled conditions h8ve been mel. ￿ere grants received are
prior to satisfying the rèvenue recognilK)n crf(eria. they are recognised as a Iiabilily.
Financial instruments
A financial asset or a financial liability is recognised only when the charity becomes a party lo the
conlraclual provisions of the inslrumenl.
10

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements (contlnuèd)
Year ended 31 March 2024
Accounting policiès (conlinuedj
Financlal Instruments (conlinuedj
Basic financial instruments are inrtially recognised at ttrie amount receivable or payable in¢luding
any related transaction costs.
Current assets and current liabilities are subsequently measured al the cash orolherconsideration
expected lo be paid or received and not discounted.
Debt instruments are subsequently measured at amortised cost.
Ihhere investments in shares are publicly traded or their fair value can otherwise be measured
reliably, the investment is subsequently measured at fair value with changes in fair value
re¢ognised in income and expenditure. All other such investments are subsequently measured al
cost less impairment.
Financial assets that are measured al cost or amortlsed cost are reviewed for objective evidence
of impaiment al the end of each reporting dale. If there is objective eviden￿ of impairmént, an
impairment loss is recognised under the appropriate heading in the slalemenl of financial a¢tivities
in which the initial gain was recognised.
Deflned contrlbution plans
Contributions lo defined contribution plans are recognised as an expense in the period in which
the related service is provided. Prepaid contributions are recognised as an asset lo the extent that
the prepayment will lead to a reduction in future payments or a cash refund.
INhen contributions are not expected lo be sell￿d wholly within 12 months of the end of the
reporting dale in which the employees render the related service, the liability is measured on a
discounted present value basis. The unwinding of the discoLJnl is recognised as an expense in the
period in which il arises.
Llmlted by guarantee
The company is lirniled by guarantee of £1 per member without share capital.

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements (¢ontinuedl
Year ended 31 March 2024
Donations and legacies
Unrestricted Restricted Total Funds
Funds
Funds
2024
Donations
Donations
Gift Aid Tax Recoverable
25.709
4,153
10.730
38.439
4.153
Grants
LB of Camden
Groundwork
LB of Camden - Deferred grant
93,185
93,185
550
11,232
550
11.232
30,412
115,147
145,559
Unrestricted
Funds
Restrict& Total Funds
Funds
2023
Donations
Donations
Gift Aid Tax Recoverable
18,165
4,735
10,892
4,265
29.057
9,000
Grants
LB of Camden
Groundwork
LB of Camden - Deferred grant
75,000
75,000
3.000
11.232
3,000
11,232
25.900
101,389
127,289
Investment income
Unrestricted Restrlcted Totsl Funds
Funds
Funds
2024
Income from listed investments
Bank interest receivable
7,402
7,479
14,881
7,402
12,659
20,061
5,180
5.180
Unreslricled
Funds
Reslricled Total Funds
Funds
2023
Income from listed investments
Bank interest receivable
613
2,165
613
2,925
760
760
2,778
3,538
12

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements {¢onlinuedl
Year ended 31 March 2024
Other income
Unrestricted Restricted Total Funds
Funds
Funds
2024
Other income
Library project
Bar income
Letling income
Other miscellaneous income
Other income
17.264
22,934
23.751
40.198
23.751
8,942
121,137
6,748
9,548
8,942
94,828
6,748
9,428
26.309
120
137,210
73,114
210.324
Unreslricled
Funds
Reslricled Total Funds
Funds
2023
Other income
Library project
Bar income
Lelling income
Other miscellaneous income
Other income
7,128
41.354
6,455
48,482
6,455
11,384
121,709
5,891
12,502
11,364
92,110
5,891
12,382
29,599
120
128,875
77,528
206,403
Costs of ra151ng donatlons and lègacies
Unrèstricted Restricted Total Funds
Funds
Funds
2024
Costs of generating income- Other a¢livilies
18,402
18,402
Unreslricled
Funds
Reslrictfjd Total Funds
Funds
2023
Costs of generating income- Other activities
536
15,392
15.928
Expenditure on charitable activities by fund type
Unrestrl¢ted Restricted Total Funds
Funds
Funds
2024
Support costs
153,027
126,034
279.061
Unreslricled
Funds
Restricted Total Funds
Funds
2Q23
Support costs
139,964
105,887
245,851
13

Primrose Hill Community Association
Compar]y Limited by Guarantee
Notes to the Financial Statements (¢ontsnuedJ
Year ended 31 March 2024
10. Expenditure on charitable activities by activity type
Support Total funds
costs
2024
Total fund
2023
Core Activities
Direct project costs
Activities and outings
Governance costs
133,177
19,436
113,277
13,171
279.061
133,177
19,436
113,277
13,171
114,016
16,599
102,492
12.744
279.061
245,851
11. Net income
Nel income is stsled after chargingllcredilingl..
2024
2023
Depreciation of tangible fixed assets
24.061
25,278
12. Staff costs
The lolal staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
Social security costs
Employer conlribulions lo pension plans
117,421
10,032
2.472
99,420
9,190
2,005
129,925
110,615
The average head count of employees during the year was 512023.. 51. The average number of
full-time equivalent employees during the year 18 analysed as follows..
2024
No.
2023
No.
Administration
Management
No employee re￿iVed employee benefits of more than £60,000 during the year {2023'. Nill.
13. Trustee remuneration and expenses
SORP 2015 requires the following slalement lo be made'._ no remuneration or other benefits from
employment with the charity or a related enlily were received by the Iruslees..
14

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements Icontinuedj
Year ended 31 March 2024
14. Tangible fixed assets
Land and
buildings Equipment
Total
Cost
Al 1 April 2023
Additions
418,792
13.641
685
430,433
685
At 31 March 2024
416,792
14,326
431,118
Depre¢latlon
Al 1 April 2023
Charge for the year
At 31 March 2024
90,665
23,021
0,114
1,040
100,779
24,061
124.840
113,686
11,154
Carrying amount
At 31 March 2024
303,106
326,127
3,172
3,528
306,278
Al 31 March 2023
329,655
15. Debtors
2024
2023
Debtors
Other debtors
5,202
10,919
16,121
5,004
13.034
18.038
16. Investments
2024
2023
PHCL- Quoted investment portfolio
346.357
40,009
17. Crèditors: amounts falling due within one year
2024
2023
Payments received on account
Trade creditors
Provision for utilities
Deferred income
PHCA Barclaycard Commercial
A￿rual9
50
4,485
12,500
134,261
8,271
5,010
6,538
15,500
89,844
3.701
5,220
120.803
164,577
15

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements (coiilthued)
Year ended 31 March 2024
18. Deferred income
2024
2023
Al 1 April 2023
Amount released lo income
Amount deferred in year
At 31 March 2024
134,261
144,4171
112.308
{11.2321
33,185
89.844
134,261
19. Pensions and other post retirement benefits
Defined contribution plans
The amount recognised in income or expenditure as an expense in relation to defined contribution
plans was £2,47212023.' £2,005).
20. Analysis of charitable funds
Unrestrictod funds
At1Apr
2023
Expenditur
8 Transfers
Gains and At 31 Mar
losses
2024
Income
General funds
Designated Fund
Building
maintenance
Designaled Fund
Contingency
fund
474,788
172,802
1153,0271
494,563
474,788
172,802
{153.027
494,563
At1Apr
2022
Gains and Al 31 Mar
losses
2023
Income Expenditure
Transfers
General funds
Designated Fund
Building
maintenance
Designated Fund
Contingency
fund
415,753
155.535 {140.5001
44.000
474,788
10,000
110.oaoi
34,000
134.OOQI
459,753
155,535
1140,5001
474.788
16

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Financial Statements (¢ontlmue(l)
Year ended 31 March 2024
20. Analysis of charitable funds fcontinuedj
Restricted funds
AtIApr
2023
Gains and At 31 Mar
losses
2024
Income Exp8nditure
Trallsfers
Reslricled Fund-
Library fund
Revaluation
reserve
773.735
203.142
1144,4361
17011
831,734
14,991
701
11,3SO
27,042
788.726
203.142
{144,4361
11,350
858.782
A11Apr
2022
Gains and Al 31 Mar
losses
2023
Income Expenditure
Transfers
Restricted Fund-
Library fund
Revaluation
reserve
713,319
181,695
{121.2791
773,735
15,611
{6201
16201
14,991
728,930
181,695
1121,279)
788,726
21. Analysis of changes in net debt
At1Apr
2023
At 31 Mar
2024
Cash flows
Cash at bank and in hand
Current asset investments
1,040,389
40,009
1234,9971
306,348
805,392
346.357
1,080,398
71,351
1,151,749
17

Primrose Hill Community Association
Company Limited by Guarantee
Management Information
Year ended 31 March 2024
APPENDIX I
The followlng pages do not form part of the financial statements.
18

Primrose Hill Community Association
Company Limited by Guarantee
Detailed Statement of Financial Activities
Year ended 31 March 2024
2024
2023
Income and endowments
Donations and legacies
Donations
Gift Aid Tax Recoverable
LB of C8mden
Groundwork
LB of Camden - Deferred grant re Lease Grants
36,439
4,153
93.185
550
11,232
145,559
29.057
9,000
75,000
3,000
11.232
127.289
Investment In¢om6
Income from listed investments
Bank interest re￿1vable
7.402
12,659
20,061
613
2,925
3.538
Other incorne
Other income
Library project
Bar income
Lelling income
Miscellaneous inwme
Other income
40,198
23,751
8,942
121,137
6,748
9.548
48.482
6,455
11,364
121,709
5,891
12,502
210.324
206,403
Total income
375,944
337,230
19

Primrose Hill Community Association
Company Limited by Guarantee
Detailed Statement of Financial Activities fconllnuÈd)
Year ended 31 March 2024
2024
2023
Expendlture
Costs of ralsing donations and legacies
Activity costs
18.402
15.928
Expenditure on charitable activities
Wages and salaries
Employerfs NIC
Pension costs
Rent
Rates and water
Light and heat
Repairs and maintenan
Insurance
Other eslablishmenl-cleaning and sundry
Advertising and marketing
Legal and professional fees
Telephone
Other office costs
Amortisalion
Depreciation
Direct project costs
Professional fees
Bank charges
117,421
10.032
2,472
1.054
7,085
12,469
13,345
3,049
29,040
856
11,212
2,218
8,095
11,232
12,829
34.670
73
1,909
99,420
9,190
2,005
423
6,052
9,983
11,657
1,886
26,917
1,201
10.374
2,235
7,734
11,232
14,046
30,203
78
1.215
279,061
245,851
Total oxpenditure
297.463
261,779
Net income
78,481
75,451
20

Primrose Hill Community Association
Company LimTted by Guarantee
Notes to the Detailed Statement of Financial Activities {conflnu8dJ
Year ended 31 March 2024
2024
2023
Costs of raising donations and legaci&s
Activity costs
18,402
15,928
Expendlture on charltable actlvltles
Core Activities
Support costs
Wageslsalaries
Employerfs NIC
Pension costs
Car park costs
Rates & water
Light & heal
Repairs & maintenan
Insurance
Cleaning & sundry
Advert15ing and marketing
Telephone
Office costs
Depre¢ialion
Bank Charges
75,158
6.826
1,562
1,054
4,762
3,000
8,089
1,802
12,870
856
1,193
2,357
12,264
1,384
133,177
61.207
5,951
1,296
423
3,798
3.000
S.179
943
11,953
1,201
1,022
3,631
12.439
973
114,016
Activities
Support costs
Dire¢l project ¢osts
Library projects
Support costs
PHCL.. Wages and salaries
PHCL.. Employerfs NIC
PHCL.. Pension costs
PHCL.. Rates
PHCL.. Light & Heal
PHCL.. Repairs & maintenance
PHCL.. Insurance
PHCL.. Cleaning & sundry
PHCL.. Telephone
PHCL.. Library project Offi￿ Costs
PHCL.. Amortisalion
PHCL.. Depreciation
PHGL.. Library project
PHCL.. Bank charges
19,436
16.599
42.263
3,206
910
2,323
9.469
5.256
1.247
16,170
1.025
5,738
11,232
565
13,348
525
38,213
3.239
709
2,254
6,983
5,478
943
14,964
1,213
4,103
11,232
1.607
11.312
242
113.277
102,492
21

Primrose Hill Community Association
Company Limited by Guarantee
Notes to the Detailed Statement of Financial Activities {contlnu8d3
Year ended 31 March 2024
2024
2Q23
Govemancg ¢0sts
A￿OUntanCY fees
Govetnance costs- bookkeeping, legal and professional fees
Licenses & permits
5.220
5,992
1,886
73
5,220
5,154
2.292
78
13.171
12,744
Expendlture on charltable actlvltles
279,061
245.851
22