## **WANSTEAD HOUSE COMMUNITY ASSSOCIATION ANNUAL REPORT 1 APRIL 2020 – 31 MARCH 2021** **Wanstead House was closed shortly before 1 April as per Government Covid-19 legislation preventing indoor meetings except for Osteopathy sessions which were deemed essential services. It remained closed for most of the financial year which spanned two periods of HMG lockdowns. Our dedicated staff agreed to furlough contract variations and other financial support was provided through central and local government schemes.** **During August 2020 various steps were taken to prepare the House for controlled re-opening for those groups and classes there were able and permitted to meet under the “Tiers” restrictions that applied in the short two month window between the the two lockdowns. This planning ensured safe conditions in the House and achieved HMG “covid secure” status. These steps included closure to the public, room limits, face coverings, hand sanitisers, screens for the office and café/bar and ppe equipment available for all staff.** **From 1[st] September 2020 to 5[th] November 2021 the House was able to host groups of six and educational classes as the country moved through the “tiers”, operating at very reduced capacity.** **The House was once again forced to close from 5[th] November 2020 for the remainder of the financial year.** **On 12 April 2021 under Step 2 guidelines children’s groups were allowed to return and all clubs and groups were issued with our policies and procedures. Under Step 3 from 17[th] May all remaining clubs and groups were allowed to return and in September the House returned to almost normal operations but not quite full capacity. Some clubs did not return and others had reduced numbers. 2021/22 will be another uncertain and challenging year on all fronts as our community adapts to living with the virus.** **All staff, supported by the management committee which met through monthly video conferencing during the Covid19 crisis, have worked tirelessly and with total dedication throughout this difficult year, ensuring that Wanstead House has been able to offer facilities in line with Government guidelines. Many of the clubs and groups have been very grateful for all the efforts made by everyone to enable Wanstead House to ride out an existential crisis and emerge well placed to continue to serve its local community.** **Janet Fox Chairman** WANSTEAD HOUSE COMIWNtrY ASSOCIATION Wan•t•&1 Hw¥o, 21 Th• Grnen, London E11 Fln•nthl •t•t•m•nl• for th• y•ar •nd•d 31 lknh 2021 WANSTEAD HOUSE COMMUNITY ASSOCIATION L•pl and Adffilffilshlt¥• Infofflwllon L•pl*tsts: Gowrr* do¢wn•rt Tnkjld PrI￿1p•1 addr•••: 21 Tr l>e¢ E112NT 8vday8 knk pk s￿th W¢odford Lon E18 1AZ Audltor•: Swnu•lJ LLP 3 Locks Ywd Hwh Slr••t K•nt TN13 1LT fDrthv ￿r•fid?d 31 ￿•￿ 2Wd1 The Tru8t•81 prnaenl their report th the slatements of Il* Ch¥lty ￿•r •ndod 31 M•rth 2021. TP tru•t¢¢s h•v• •doptsd th¥ pr¢>viqlon8 ol Ac£coJnUw and Reporw by CharfUo8'. Slthn•rt of Re￿¥r￿n•￿ Pr•¢tr• *ppltoble 10 charflle$ prep•r*vJ Ihelr in attord•n¢• wth Fwn4¥1 Rewb"r¥J StaThlard appk4bkn In th• UK and Ropubllcof lrnkqnd IFRS 102) {•N•L*'¥• 1 2015.1 R•yl8tsr•d Gh•dty Numb•r 303190 R•q*tsr•d Ofll¢• Wlnsttad Houoe. 21 f*••n. Londm. £11 Jir. The Charity is governed by it• Comts'tubon ￿ at • Sp•¢ld G•n•rnl M••lknll on Nwwfb•r2LW)g. Mr Ron Fif•r Mrn. Jomt Fox Mr DivW Nomwn Gibb• Mrn M#ur¢•n En•b•rl Mr Mark ￿rrell Mr• B•thfo ￿$hoP Mr B•n Hwt• Mrs Palrickg M•rriott Mrs Sandrn Nichc4 Mr Ghrhtoph•r S•¥nl•r• Chqfvn Chainrs N*Jnor•ry S•¢rel¥y Honornry TrnMur•r London Borough of R•Jbridg• R•w•••nl•b*•'. Clk SheilA Baln Ir D•n￿ Morg•n•Thom Mr Ron Filer Mr Norrnw Mrn J•n•t Fox Mrn Maureen En•b• Mr Mark Murnll Mrs B•rbor• B*hop Mr B•n H•rt* Mrn P4lrfda Pl*rr*lt Mr• Sandra Nlthdl¥ kqr ¢hrlrtoph•r Saur D•vhY T•¢h•u•r Pr•¥id•rt Chakn4Tr lurtl 26 oL*O￿T2020yyth ch￿1￿￿￿ Vl¢e Ch•irn￿n Ivnb"128 0¢ts￿r 2020yc￿l HoMr•ry S•u•i•ry LondM Borowjh ol R•d￿￿o• R*1*￿￿￿1.. C* Shella 8a Th• ABOD￿t￿n ho rnqurnn￿I fof • TNst••. Appdntmwrt and Tralnlng olTnMt••B Trustsos wo •A)oirt•d by lh• Wr￿•r$h￿+ 4)f Assogakn as presrxbed by the C￿￿On by •kn¢lion •t th• Asso(48ts'on$ Annu41 Gener41 Meeisng and r•tlre •t tr* fohy*kng Annu•l Me•UrrtJ. Tn*Bs ar? to Stand for r￿leCt￿n. The TruJt•os have the to cw* to N any un•lv(#•d v•urbws. Trus*es PTovhloO wlh the A•8odthn'$ Con6tluOM. No trainw¥J IB by the A¥Sod•￿I MV• Ih4t from lo Ur diVKIu￿ T1￿1￿ m•y ￿ftdertake trakniNJ CCM)er￿X•tt Iheir Sperak roles. NO￿￿ry u[￿ertaken. WANSTEAD HOUSE COIIMuNrrY ASSOCIATION Tru*t•••' rnport (¢onllnwd) for the yoar er￿$￿ 31 Mar¢h 2021 Oryanl•atlon StrUc￿M Cgrtain authorrty from th• tru8t•M Is dolegabj lo th8 Contr• m*wpr, Mrn Ann Bfttkway in d•aling V*ilh the day to day managem•nt olthe charlty. A¢hl•v•m•nt• •nd p•rfomMn¢• The prtndpal acllvlU•s of th• Charity are: lal to •npro¥• eor#*ion8 of life of the Communty rnsident in Wanst•ad and Woodford and surrounding ar•a$ by asstitsatiig with local authoriti08, voluntary onJani$ationi and rèsidents in prtr41dlThJ facilitie¥ lor thy3￿1 mentsl tr•inirvJ r￿￿tiOn. induding the QPFQr￿nty for J¢¢i irrtercoursè. oth•r lelsurfrtthn• cr£ival￿. for the residtrnts and Ibl to ct4nding On enforc￿ reduction In ¢•pacty. tr* Hou$e ablè to offer f•cilib•s to thos• cL•88•5 and groups th•1 wer• abje to Ye￿nYOne after lock¢Ju4Wn and to 4$•ist thm wth their r￿Ul￿ and m8naglng their di¥ti￿t •thits•• through dear guidancè and $upport from th• OffKe •t4ff. The approach wa8 an effectwe one. with no oulbre¥k$ ol infection h￿ft9 be￿ 818odat•d whh th• Hou8e arrtl no 11 Tr•cJ( & Trace dat*. Consltwnt bodi8$ ha¥• rAn11n￿d to *lth ts HOUM. Th• ChanV8 pdndpal fundlng gource• of rwtt•l I￿Yn8 and R•dbridq• Insutute payTh•nts ini r•$F•¢t of their ¢1888e8 h•ld on $h• $ubstantialy T•duc•d by parKl•mlc thkdownB op•ralng r¢$trictiL¥)&. The grant from L¢)n¢kn Borough of Redbdth3• (Vis￿) wa8 h(yW•￿r augment•a by Publ￿ fvnding through tho FUrt￿gh 8¢hem• to 8UPVWt wages, t￿ne*S $4)pyt granls and bu8in898 rnteB reli•f. Th• Charty not engage In any sub$t8nfjv• fundrai￿￿ actNit•8 durlng the ygar. Expenditur• thrwhcwl ts yoar 8UPPOrt•d rt8 key objKtiV•8 by paying lor the •ssi8l¥nc• of pU￿1C fun(*ThJ ol th• r•l•ntiM of staff and runnlng of a¢lIv1fj￿ at W•n•le•d H¢¥J￿ for th• bw)offt of al mwnb•T• ofts c¢xnmunty In •'covkl socur•' envlronm•nt. Futurn •lr•t•gy In the e￿nI that co￿&18 pandomic restr￿￿*￿$ altr*. ￿tInue to seek expanBb)n of ts ¥¢*yille$ and f*¢iliti•s to m•mber8 of th• local ¢rynmunity try erKcuagiw groy and organiSatw￿ to use the Centre. Th16 wlll bo 4¢hi•v•d by irKrnasing pulAK t￿￿ne$S and local ad4eiti•ing. In the mid term, Ihe Charty 1$ looklng to con$olid•t8 w•Th•s ahead of its I8￿hOld renw*AI. In th• short temi. the Charty ig expected lo drwN spanifi¢onlly on thos• reserves in the coming finonu4 yew in the expectation of no further Support from public funding and ￿￿tinUing OFwatiLThI T•strTrction• ¢xco•ioned ty th• Cow"&19 ￿ndemIC. The r¢$•rving policy ho8 ¢nsured that the House is pl•ced to ¥bwb th• op•ratKJnal h)SS￿ in the comN ￿aT whlst provKling the community soNco8 expethd of the A880ciaticrt a $ubslantlal Inve$ts))•nt of public funding from various qo¥wnm•ntal Covi&19 p•ndemic •upport $d￿Me9 in 202012021. Flnan¢lal R•vl•w Th• Charity adopts a of ￿luring Ihal As fro• r•s•vvu are suff¢iert to m••t its day to day operation should income levels unexpe¢tedy dh)Inl$h and to provKle for unexF4¢t•d itèms ol oxpendthre piimari conc•m•d V*ilh the upkeep of the Hall and th• ￿•r1￿1 mawrtenance ofth? Houje and its •ntrances and Pago 3 WANSTEAD HOUSE COMMUNrrY ASSOCIATION Tn*t••s' report Icontlnu•dl for the yeor ￿nd￿ 31 March 2021 W￿doW8 in accordance *ilh it¥ bw•hts￿ ￿￿19•110￿. Incorne kn4el8 are expethd lo I￿ thmhiished in 2021122 thtt thts of the Covid.19 pa￿￿rn￿ c(Ythrw lo ￿ lelt %bith operations likely lo be affec*•d lor at ￿￿$t 12 month8. In ihe longer t¢m the pdicy 18 to irKnase re6ffi1è8 to tnable Chortty lo renew its leasehohd ot W•nst*qd Houw as a cCfflM￿tty centr•. Frt¥n tlme to Ime IIKI Tfu8t••8 de8vJnate funds from rgswve$ ky 8pecik expèndibJr•. The free reserve staThJ8 at £305.426 for th• rèasons stated obove. In additi'on lo thgr• ara available deu19￿1¢￿ funds totslling £22.365 for thè 8pecffl¢ purpo8e8 of r•plK•ment of remainirvj *lrKlows and t emergoncy répairs conlkng•nq a$ notsd n the ar￿1￿¥. Th• ffimndal y￿r under the Cly4￿19 HM Go¥emrnenl Ch)sw• Ordw of 24th Mw¢h 2020 wjth the Houm not 1frop￿lng until it wa• "covid MpJr•" ￿1¢h ¢olndd8d V*ith th8 8twt of the a￿dern￿ yéar in S•pl8mt4r. F￿10*In9 thtr s•¢ond k¢k¢Jry*m kn MKI Oecernber. th? SpriThJ roodmw pr•v•nt8d Ihe House frcffl rfroponing 88vo for Imnrted ox•mpted purw•8 th• rwn8ind•r ol the fin4nd￿ year. T￿ expecled on the Charit1¥ r•8•rv• 18vd8 due to the Covkk19 p8ndern￿ •nvl$8g•d in our last r•port ha8 boen defmd by 12 month$ du8 lo the wblic fjJndirvJ AcCOrdi￿Jty, th• Charlty has STealor ccrfhdence of belThJ lbkn lo rop•y tho1 inv•th•nt by Ma￿ng the Hou¥e av8ilobh to t￿ Ccffimunty ￿•T pos81b￿ wlthln I ¥ar￿na health & 8af•ty ODeratino Ihat ar• expectod tts thr￿￿houl t￿ finanaal Year. RM•rn• polScy Th* Twsl•e8 consKl8r thal thè fr•¢ Mswv07 tr￿￿J by Ihe Charity are 8uifKX￿I fLV th• fin•nwl y•ar rM)twthslanding the un¢•rtainty oCcas￿ned by th• Covi&19 pw)d¥ynlc. InvMtm•nt poll¢y The Tru$t•O8 h•v• ¢on8idered tho most aFVOWMt? pc4¢y fc* in¥•stirg fLmd8 and ha6 f￿nd thjl Bprd• Trother account rn￿1￿ their r•quir•m•nts. In tho absence of wy other inv•$lm•nl• th& Trustees did not ¢M8id•r it n8c•ssary to appoint a custodi￿ Twl¢é. Th￿￿ mattfn will bo pwknJlc•ly. RF•k v•vl•w The Trui1￿ have a TavlThf of the ii•ks to whth th• Chwlty Is ￿pOS•d sy•t•mi h•v• b88n established to mrfwJate th080 risks. Inl8mal rlsks are nlninmsed by the Impkn￿ntOt￿Jn of wocedures for authori$alion of all tr￿￿tIOnS and propd5 arKI lo en¥ur• consistsnt quahty of delrvery for al opratioml aspects of the Charty. Th•5• pmc•dur•8 ar• ￿n0th¢aly revlvwed lo that Ihty still meet thè needs 01 thè Charity. Additsonal Th￿etings, in￿￿[r￿j Board meetings, wwe hekj to monRor th• •ff•¢l$ of the Covi&19 pandem1¢ on oporats.o￿ and financ&qi &quidty as a8 revlw*ing th• prtt8ubons in pkn lo manag• the rlsk of infectk>n. Thè tru#lè&8 confim t￿•1 th•y have corryled with th8 (krty in 817151 of tr* Ch¥lUe• Act 2011 to have d ard to the guidance issued by the Charity Ccffirrtssion on Publ￿ benefft. See the piinryp$l ad¥ltI￿ se(*on abovo 48 lo th¢ m8in aetivities undertaken by Ihe Chanty lo lurther Its PLfpo￿ for putrAic berwfiL A re601ubon v•ill te ￿ared b•forn the annu￿ ger*ral meetiNJ lo wppdnt sam￿1$ LLP. Chartwed AeccAutsnts and Reg￿tered AL*Yrt¢rn. 08 oudjtors for the ensutng yew. page 4 VIAMSTEAD HOUSE COIIIAUNITY ASSOCIATIOII Tho tru•t¢e$ w• mponsI￿• for piBparfng IM Rep￿ of the TnMIMo And Ihe fln•ndal stht•m8nts in a￿0￿ce V*ith appll¢able law and United lQrodorn A￿untIr￿j Standards (Unrted Kingdom ￿ner411Y A¢(¥pted Accounting Prxtl¢•. ac¢ordarK• T*llh appltcablo l•w a￿1 Unthd Kkwdom Aco)unUng Stsndard8 (Ui¥t¢d Gen•rnlJy A¢W AcC￿n11n9 Pra¢Uce.) Il* Imv appfbcllbltt to chart￿ kn Er* and W•lN Ch•rFW Act 2011. Chw*y {Ac¢￿Un￿ RIP￿￿) RegulaWMs 2008 and th• pthwns ol the Inmt ¢*ed I￿￿r•S th• tN8tses to prepare Ilnanclal ¥tatem•nts lor •ath flnan¢lal ye* a Irue and of the state al affawB of tha ch•rlty and of t￿ Incijffling r••Ou￿•S aThl applicaffon of rexiurc•8. Induthng the *Kome and expenditure. of th8 charfty for th•t porlod. In lI￿ne￿ thtom•nl•. th• •re requlred to: . sd•ct 8uh•blo accounlkng polklm •KI ttwi •pply th*n . ob￿r¥• th• mtsthoth and rylnclfv In th¢ Charlty SORP; . m•k• ludg•m•nts and estknat•s that are msonable irKI pruden¢ . pr•por• th• finanual stat•ments on tr* golng eone•rn urkn tt Is In•pwDwb• to prejume that th• Chwlty *ll conl*w• to opwatè. The Tn￿1¢•* ire mpon•th for kmplng pmpef wuntlng record8 ththlctt dkncJw8 re•¥onabl• accurncy al any lkne th• ￿n¥n¢t￿l polition ¢1 tho Chwlty Ind to •n•ble thorn to enwre that the fin8n¢l•l It#tsm•nts compty ￿ Ihe Chwlb•• Act 2011. th• Chailty (Aeced Audhor¥' r•$pon¥ibilrti•$ for Ihg audrt of th• finandd $t#tem•nts Mth"¢)n of ¢yJr rnPOfL W• •rn iThJeperd8nt of the Chanty in accofdance vffih the •llw'¢•l requir•m•nlS Ihat aro r•l•v8nt kn our olthe fkn•K481 •tatement• ln the UK. IndLA4irrfJ the FRC'$ Elhk•l Slandard, an(1 h8¥• ILINknd our oth•r eth￿￿1 respon11￿1￿*& in •ccordanc¥ wth t￿le requirernonts. We t*thov• th•t Iho autht thtthrK• obt•Y*d i• uffKi•ni •nd appropriate io pw¢Jo 4 bNsi$ for our *rxon. con¢1￿10￿• nlllttng to o0lTri eon¢•rn We have nothing to report in rnspect ol th• folty￿ m•tkn• kn r•l•kn to *thl¢h IW IUKI r•qulr• w to report to you ¥knere.' . The Tr￿ta08 ua• of tho golng ts)nc*m bath of acc￿1￿&1 in tr* wep•r•tion ol the flnanod •tst•m not appropri•t•', - The Trustees have noi di¢c*Md in the fin•nry￿ *•bm•nty thnlrf*d mthlll ut)c*rtalnUu th•1 may C•8t wgnfflcant doubt about the Ch•riW8 abllty to ￿n￿n￿¢ lo ¥¢JW the gc4ng ol ae&)unling for A p8ri¢)d ol it ￿•*t montm fmm Ihe d•to the fman(4al statements ar• aUth￿lu*d tr Othw Infomiatlon Thg Trustees are rv5pon￿bkn fof th• other wrformltion. T￿ otr￿r iThlcrfm•bon rJJnwrffjes the inknn¥tion in the Truatees, ReporL but does nG4 indude fv fwwnrial stsknnts and RW olth•Authrn tr￿100n. Our opinion on blo finanual statsments dom Mt cO￿r other infixmthn do rv)t exprnts *ny forn ol as8uranc* condu8kn thw•on. In cL)nr*thon our •udit of the fin8na818lat8rnents, ow raporniblrty 15 to Djad the other iifoffr and, In doing 80. CM8ider **￿er the other InfO￿nath)n ffj rnatsn8l￿ ino)n¥Nknt *ith thè finandal slaterrffjnts or kn￿A￿d9• otrrtainod in lh• auth or oppe•rJ lo te materi•lty mis8tated. W, b¥8ed on thg have F*rforned, *e c4JnL*JJe that is a material r￿￿$statement of this other infoffnation, rwuirtyl to r¢Frf*1 th•t fact ￿ hth* nOW￿re to rwl In th* reg•r Platters on whl¢h * •ro rnquir•d lo r•port by •xc•ptlon In the hghl of the knO%￿edge and Lfftd•rstanditvJ of the Ch*ity WMI envwonmwrt obtaI￿d kn lh• c4ur88 01 the aut*t, ha¥e r￿t idenlified mat•rial Misstat￿￿￿ in th• TnJ¥tee's Annual R8w¢. We hove nothirvJ to reF*Nt in TW•Ct of ltrkfj matters th• ChanU•s {A￿oUnts and RoPOrt81 R¢gulatlon¥ 2008 requwe us to Teport to il, in aur opinion.. 4uffityent accounting reccfds have rK)t b￿n k•rt or -th• financial statements are not in a9rn•m•nt wrth th• ￿c￿rrtrng rec4nl8' Cf -w• have not recewed all Ihe informolion •xplanatth• we require for our authL ReBPon￿bIlltl•ffj of th• T￿*t••• As explalned moro fulty in the Statement of Trn•l••'$ R•$w)￿b￿￿￿es ￿t out on pa9e five. th• Tru•t••$ ar• r•8pongible lor the preparath￿ ofthe finaw•l •t•temerts arKI for being sab'sfied that ￿Y gi￿ a tru• 4nd f¥ir vtV4¥, and for 8uch wrtemal control as th¢ Trust••s delernilnv necesswy to enable the pryration of fin•n¢K•l 818tgments that aré free from material mi$sl4tem•nt. V+lther duo lo fraud or error. In pr•parfng the fln8n¢lal ststements, th• Trustett are respon8l>le for assessry the Ch•11￿8 •billty to Ne a8 8 golng concorn. d8downg. •• appluble. rnatters relat•d to going C￿ne￿ and u$iry the going ¢on¢•m ba818 of a¢ctyJntlrvJ unlou th• Trust￿ wther **•nd to *JAd•t• Ch•nty ry to c8a8a op￿t￿¥￿, or h•$ no reall9￿C altemalvo but to do 80. Our rwpon•lbllld•• for th• •udlt olth• fin•n¢lal •t•t•m•nts Our obl•¢tNeB are to c4rtain reasonabfe as$Uran￿ about Ihe fin•nu•l ¥t•t•mMts a$ • wfiol• ar• fw from mAterlal misatatemrt whether du• to fwj or •rror, •nd to i8sue a Report of th? Audkor8 that IrKlude8 our oplnbn. Reasonabl• a8wrgnce 1$ 4 lewl of •Mur•nce, is not a w•r•nt•• Ihal An aud condu¢t•d In accord•nce Is￿ {UKI ¥*ll alway8 datoct • material mr&8totement t*then 11 exi¥ts. Ml$8tatwn•nls can 4rn• from fra￿1 or •rror and af• consldernd matsri•l rf. ind1bidu￿ty or in the aggr•g4t•. t￿Y could reasonably be expected to infiu•nc• the ecorK)mlc dtithions of userd tsken on th• basi$ of the80 fln8nclal ltatoments. A further d￿Cl￿￿On of our mp￿81￿11rfl•¥ fvr th• 4wdtt ol th• #tatemonts i• Ioe4t•d on FI￿n¢￿Il Reporung Couno'l'i w•b•ite *1 ¥thW*.fr¢.(Yg.tWaUd6tornmpon81￿l1ti8¥. This fomi• part of our R•port ofth• Ath*lorn. Samu•l$ LLP 3 Lod($ Y4rd Hlgh Stmt S•v•no8k• Kent TN13 1LT 2rk CLL- D•la'. WANSTEAD HOUSE COMMUNrrY ASSOCIATION fortha yearended 31 Marth 2￿21 Yew ended 31.0320 Totd fur 31.03.21 Tclal Ineom• •nd •Apornlltsw• In¢om• Ivom Gty8rtt8bl& 8dMWe¥.' Buwno68 Support G￿18 Other Gwl$ HMRC Job Stt*me Grnnts R•nts SubscriFlor othortrat*ng Barlcale Idèficit)16LfF4 Sun(Jry Incom• 1nve8tmont1nc￿.' 1rt0rn81 fee4v&a 12 12 64.079 22.337 1Cfa.864 I3.￿) 130 Total kn¢omlng r••ouru• 115 41)) Exp•ndltur• on Ch￿18b1• 8¢tMlles.' Costs ol g8n8ratlng m8rfwgern￿t end admlnbtrati Totsl r••our¢u •xp•nd•d P4•t In¢om4{•yp•ndltur•) 1.￿7 11.e84} R•¢¢)0¢ll￿1I•n of Fund• Total FuTrJ8 brought lorwwd 328.7S4 328,418 Totsl ¢arrl•d foThArd 10 326 754 All ftmd5 we ￿re$InCted ￿[KIs. WANSTEAD HOUSE COhlMUNifY ASSOCIATION At 31 March 2(r21 31.03.21 T¢)lal funds 31.03.20 Tot•1 fund¥ FJx•d a•••t• Twible ass6ts 133.692 155.557 Curr•nt a•Mt• 13.991 186.695 Cagh al bgr&* and kn hw*d 4,014 21X).759 177.327 Ll•bllftlM". Amounts fanlno due In one year Not currwrt u••t• 194,099 171197 Total •M•t• Iw• ¢urr•nt Ilablllti Th• fund• of lh• Ch•rlty UnM•trfct•d fvnd• . De8bJnat•d furKI• - G¢rnr81 fun¢J• 22.365 309.428 22.385 304,389 10 Tot•1 fund• The ffnancLql $t•l￿antS by the Bowd ofTfU•t888 on 25 Octcoor 2021 and were •lgned on Its behall ty. Janet Fox (Chairm￿} WANSTEAD HOUSE COMMUNrrY ASSOCIATION Not•s to th• Ilnanelal 3t•t•ment¥ the year •nW 31 March 2021 1. Ac¢ounthw pollclo• al B•sls ol pr•p*rlng thè finan¢Sal *tst•m•nts Thg finan¢lal ¥tatsments ofthe chgrity, whth 1$ a Publ￿ benefft entity under FRS 102, ha bmn kytparod in accorda￿8 th• Ch8rrt(88 SORP {FRS 102)'Accountrn9 and R•portiYJ by Char(lie6'. Slatemerrt of ReC￿MMent18d Pr¥thc• ap￿￿tab￿ to charities Fyeporiro thelr accoLnts In accordance w7th the Finaw81 Report*& Stsrhjard ¥P￿￿ble in the UK arKI R•wbllc of IrelarKI (FRS 1021 IdY•¢tiw 1 J8nLWy 20151.. Fbnancial ReportThJ Stsnd•rd 102 'Th& Flnandal Reporting Stan￿d appl￿￿￿¢ In It* UK and Répl1￿￿ of Ireland EFA ond tho Charfl•6 Act 2011. The fmancial sl*•m•nt¥ h*￿ be￿ p1w￿red Lr*dai th• historul St ¢))nwnll¢)n. bl In¢om• hjl Income l• r•cogTh8•d in St*•m•nt al FThncknl Acll¥itw th• dwrty I enliU•m•rrt lo lh• fvnd8, rt 18 probabl• I￿￿1 IrK¢m• wjl be recknl and lh• amwnt c•n ba M?￿ured r•lwbty. ¢1 Exp•ndllur• •biliti•¥ ar• recognl8•d as •xp•ndrtLW• M soon as thw• 18 alogd ry c*mtructlb obligabon Commitbng th• charity to th •xptrbJiture, it i• probabl• that • tran8lw of e¢onomic ￿neffi8 ￿11 ￿ rnquirod in s•ll•ment •nd Ihe amount of th• obll9•kn can be m•a•ured reliably. Expenthtur• h x¢ounté(I for M •n acuuat* ba8r• h•• b8¢n ¢1osslfied under headings that 09gregat• dl ¢￿t relal•d to the cat•gory. Wh•re ¢08ts canr￿1 be dffecty atlrknrt•d lo partKular he¥dings th hab* b••n •lkxol•d to actpthifrj on g bas1¥ ￿n¥15¢•nI wrth the use of resources. dl Tinglbl• flx•d u••ts D•prKlation is provided at th• lolky*lng r3t•• kn ordwto wyfte off each 48w¢ 04w h$ 08lmatod kn. oiitc• fumltur6 and equipment Leggehold lyjlfvaing improv•mentA 3 yeaT# •) Sto¢k• Stocks arg Stat•d at tho of cost and n•t r••lKiabl• valuo. aftw m*ing alow•rr for ob4ol•t• and 81th¥ moving item fj Taxatlon The chaiity is •xwnpl from t•x ￿ it# charitablo acthilw. page 10 WANSTEAD HOUSE COMMUNrrY ASSOCIATION Ilot•s to th• fln•n¢knl *t•l•n￿￿ (conllnu•d) for the eThJed 31 2021 1. A¢eountlng pollcl•• gl Fund AccounfjTrg Unre*tricted funds can ￿ u8•d ￿ a¢¢¢th￿ *ilh the thaiilable obj'KtiV￿ at ts dlxf•tk of tr*tt tru¥lees. Re8tn"L#ed funds can only ￿ ￿ed for pothxh•r re•lrK*ed pu￿)1￿ within ltr• ot4•cts of th charty. Rè8tridion8 oriu 8p•&fied by t￿ or fvnd• ￿ rni••d for p*t6cuL¥ reslr*ted purposu. Furthor •xpl•ngllon of •ath fimd18 kndudod in the rth to th• f•Mnd￿ itat•m•nts. h) Grnnt• Income from grants 14 r•¢ogniued vthon th•fe 18 Ovhj8n￿ of •ntItl•￿ to the gitl. reGdpt probable and il• amount Can h measured rdiabty. 2021 2020 2. TMglbh fix•d u••ts The followlrg w• inc4ud•d in th• b(K)k fix•d •888ts: Office fumltur• and •quipm•nt L•a8•hold Wlnq Im￿YO¥•m•ntI 311 133692 155557 The mov•ment In th porbd was •• Id1ry￿. fixnrtttr building •quipm8nt Knprovementl Co•1 B•ginnlng of y•ar Add￿lDn8 304,875 7T8 29,545 305,853 D•pr•Glatlonlamortl•*tloD Beginnirrfj of y•ar Ch¥rg• 29,079 155 149.784 22.488 End al y•ar N•t book valu• End of year 133381 pagell WANSTEAD HOUSE COMAIUNITY ASSOCIATION Ilotes to th• fln•n¢l*l *tst•ffl•nts I￿ntInu•d for tho year •nd•d 31 2021 2021 2020 3. 8t¢¢k Th• fdbwing Indud•d In the not boc* v4luts of Jt(**: Barleafé D•btov• The fdlMng 4mounts •T• Incl￿ in tr• not boc* v4lu• of dekn: Amount• f•lllnp du• wlthln ¢)D• y•ar. Trade ￿￿or9 Prepoymonts Gr•nts r•cdvab VAT 577 1.410 12.C 2.758 1.256 4.014 . Ll•bllltlg*: •mounts f•lllng du• wlthln on• y••r The folovn'ng are hickNl•d In lab￿[11•$ fallwu *itrAn one ￿.. VAT 393 5,737 8. Emolurn•nt• ol •mplgy••• The total •m0￿ments tr the yèw ofthe Charws empknyeej amtyxbted lo.. W•g•s & ￿1￿18¥ £58,844 Th? a￿Va90 numbw of•nploy••s for the y￿r was No emplo￿9 re¢eived emolum•nts in •xc•u of £60,000. On& •mrAoy¢e i¥ a member of on auttrenrolmenl pens￿￿ Enwknyercuntiibulionl for the porio(I were £325 (202Ch £3211. pap 12 WANSTEAD HOUSE COMIIJUNITY ASSOCIATION Notes to th• Iln•ndal *tstoments (c¢)ntinued for the year end￿ 31 March 2021 7. D•81gnat•d fvnd• Thg Em•rpncy R8p4lr¥ ContsyrKy F￿￿1 w8$ Sot w *ith th• of •ettrg aside monies f unexpg¢t¢d ILrture repair •xpendrtUTe. The R8placem•nl wndow8 fwKI was a•t up to 8•t asld• Mofi￿ to rnpl*ce th• ()Id The flrst pha80 of wlndtr•V r•plac•ments ¥1grt8(l kn Aprtl 2015. BAlanc• 0110W2020 IUIWl••d) 8￿•￿¢• 31m3Q021 d•8lgnatSon• Em•rg•ncy RepalTS C¢)ntiryer R•plac•m•nt ￿n￿(W 10.000 12.365 10.000 . B*rfC•f• a¢¢ounl S•1•8 L•u'. Co11 ofg0tyJ• 9,982 3,942 ¢kni• IIc•8Vprofft 6,040 Wag 2.758 (DefficlWu￿1Us •. Co•ts ofg•n•Mtkng f￿ffi4• 43,358 18,114 25,491 40.975 18.318 34.853 Q¢preckitionlamorti80 Olher runnirKJ costs Adv•rti8ino 88 222 9•. M•My•m•nt•nd •drnlnl•lr•Oon Staff ¢08ts Audttorn. foè for*udr¢ DepMcLqtlonlarne*bs*t Other running costs 10,839 10,244 4,350 4.579 713 pago 13 WANSTEAD HOUSE COMMUNITY ASSOCIATION 14ot•s to th• finan¢lal •tsl•m•nts {contlnwd) for th• ￿ar •rnled 31 Mwch 2021 10. Mov•m•nt In Fun At 01.04.20 in luThJs At 31.03.21 G•Mral fimd 1,037 1.037 30S.426 305.426 304,389 Emorgorry R¢p•irn R•pl•c•ment Wind 10.CQO 12.365 22,365 10.000 12,385 Tot41 UM••lrf¢t•d 326.754 11. R•kntsd hrty Dl•clo•ur•• Th•r• p•rty trw••ctyw• for t￿ y•w•rhl•d 31 2021 (2020 £NiD. trwot••s dkj not any r•munwthJD truth• •y¥•r￿a w• in ts y• •rthd 31 Marth 202112020 £Nd>. 11 Or•b)ts CovNI. 19 Bulln￿1 Gr￿ts r•c•lv¢d from thè Lond￿ of R•dbr*• w• 19105f2020 1810312020 07104R021 25.000 17.079 12.000 Othw grants cL¥nwi••d'. 15105A020 LBR Vlslon e,900 13. RIAE Incom• RIAE income Is Indudgd vAthln the rnrtal ityxme figure. 113 oftho London Borwh of Red￿e Inslrttrte of Pjjutt Edu¢glI￿ l￿trIm•nts w•r• during the y•ar {£3.333). Th• As$c*ikn"on belEves that the other 2 t•mi'$ 1n$tslm￿ts (£6.66n ￿111 not bfr received due to th• extended perlod of ¢ltswse of bolh the HOUM the In•btute. T￿efor•, this amtyjnt ha8 nol been acc￿1 fty. page 14 WANSTEAD HOUSE COMMUNITY ASSOCIATION G•n•r*l In¢om• and •xp•ndknrn •¢¢ount forth• year •nd•d 31 M¥r¢h W21 2020 Incorn• Room rOnt￿- ESOL & Clcar• Other gront$ 8usine¥$ Support fyanl8 HMRC Job R¢t•ntion Sc*•m• GrAnts Interest rewv•d Sundry inwm¢ Sub$¢riptlons Oth•r rental irK4yn• BarlC•f• •¢¢ounl 3.333 10,000 54,079 34.384 130 300 726 19,tsJ4 3.456 393 1,501 99,864 115.400 121,287 ExP•nd1￿Y• Clerul 8914ri•8 Accc4Jntaney and •udft Payroll 8eNce Office c08t8 and ral Ughl and héal C4rotak•rs' salartos Cloanor8' B￿aTI•l P•nslon costy Cl•anlng mat•rfals Repalrs arvj d•coralk¥n8 Insur￿ce Amorti￿tion4eaSehQ1d buSldlng Improv•m•nl• D•pre¢iatioTr offic• fvml￿r• & •qu*￿m￿nt Mlnor tyuipment 22.950 5.240 480 5,917 7,746 26,442 4.481 325 647 23,280 5.190 480 13.051 9.786 27.637 4.389 321 1.135 4,061 1,671 22.488 15$ 1.188 1.490 181 1,259 1,439 22.60 291 773 1,518 267 Pmlw, $t*tionery wwj prirrt Ae¢ E112NT 8vday8 knk pk s￿th W¢odford Lon E18 1AZ Audltor•: Swnu•lJ LLP 3 Locks Ywd Hwh Slr••t K•nt TN13 1LT fDrthv ￿r•fid?d 31 ￿•￿ 2Wd1 The Tru8t•81 prnaenl their report th the slatements of Il* Ch¥lty ￿•r •ndod 31 M•rth 2021. TP tru•t¢¢s h•v• •doptsd th¥ pr¢>viqlon8 ol Ac£coJnUw and Reporw by CharfUo8'. Slthn•rt of Re￿¥r￿n•￿ Pr•¢tr• *ppltoble 10 charflle$ prep•r*vJ Ihelr in attord•n¢• wth Fwn4¥1 Rewb"r¥J StaThlard appk4bkn In th• UK and Ropubllcof lrnkqnd IFRS 102) {•N•L*'¥• 1 2015.1 R•yl8tsr•d Gh•dty Numb•r 303190 R•q*tsr•d Ofll¢• Wlnsttad Houoe. 21 f*••n. Londm. £11 Jir. The Charity is governed by it• Comts'tubon ￿ at • Sp•¢ld G•n•rnl M••lknll on Nwwfb•r2LW)g. Mr Ron Fif•r Mrn. Jomt Fox Mr DivW Nomwn Gibb• Mrn M#ur¢•n En•b•rl Mr Mark ￿rrell Mr• B•thfo ￿$hoP Mr B•n Hwt• Mrs Palrickg M•rriott Mrs Sandrn Nichc4 Mr Ghrhtoph•r S•¥nl•r• Chqfvn Chainrs N*Jnor•ry S•¢rel¥y Honornry TrnMur•r London Borough of R•Jbridg• R•w•••nl•b*•'. Clk SheilA Baln Ir D•n￿ Morg•n•Thom Mr Ron Filer Mr Norrnw Mrn J•n•t Fox Mrn Maureen En•b• Mr Mark Murnll Mrs B•rbor• B*hop Mr B•n H•rt* Mrn P4lrfda Pl*rr*lt Mr• Sandra Nlthdl¥ kqr ¢hrlrtoph•r Saur D•vhY T•¢h•u•r Pr•¥id•rt Chakn4Tr lurtl 26 oL*O￿T2020yyth ch￿1￿￿￿ Vl¢e Ch•irn￿n Ivnb"128 0¢ts￿r 2020yc￿l HoMr•ry S•u•i•ry LondM Borowjh ol R•d￿￿o• R*1*￿￿￿1.. C* Shella 8a Th• ABOD￿t￿n ho rnqurnn￿I fof • TNst••. Appdntmwrt and Tralnlng olTnMt••B Trustsos wo •A)oirt•d by lh• Wr￿•r$h￿+ 4)f Assogakn as presrxbed by the C￿￿On by •kn¢lion •t th• Asso(48ts'on$ Annu41 Gener41 Meeisng and r•tlre •t tr* fohy*kng Annu•l Me•UrrtJ. Tn*Bs ar? to Stand for r￿leCt￿n. The TruJt•os have the to cw* to N any un•lv(#•d v•urbws. Trus*es PTovhloO wlh the A•8odthn'$ Con6tluOM. No trainw¥J IB by the A¥Sod•￿I MV• Ih4t from lo Ur diVKIu￿ T1￿1￿ m•y ￿ftdertake trakniNJ CCM)er￿X•tt Iheir Sperak roles. NO￿￿ry u[￿ertaken. WANSTEAD HOUSE COIIMuNrrY ASSOCIATION Tru*t•••' rnport (¢onllnwd) for the yoar er￿$￿ 31 Mar¢h 2021 Oryanl•atlon StrUc￿M Cgrtain authorrty from th• tru8t•M Is dolegabj lo th8 Contr• m*wpr, Mrn Ann Bfttkway in d•aling V*ilh the day to day managem•nt olthe charlty. A¢hl•v•m•nt• •nd p•rfomMn¢• The prtndpal acllvlU•s of th• Charity are: lal to •npro¥• eor#*ion8 of life of the Communty rnsident in Wanst•ad and Woodford and surrounding ar•a$ by asstitsatiig with local authoriti08, voluntary onJani$ationi and rèsidents in prtr41dlThJ facilitie¥ lor thy3￿1 mentsl tr•inirvJ r￿￿tiOn. induding the QPFQr￿nty for J¢¢i irrtercoursè. oth•r lelsurfrtthn• cr£ival￿. for the residtrnts and Ibl to ct4nding On enforc￿ reduction In ¢•pacty. tr* Hou$e ablè to offer f•cilib•s to thos• cL•88•5 and groups th•1 wer• abje to Ye￿nYOne after lock¢Ju4Wn and to 4$•ist thm wth their r￿Ul￿ and m8naglng their di¥ti￿t •thits•• through dear guidancè and $upport from th• OffKe •t4ff. The approach wa8 an effectwe one. with no oulbre¥k$ ol infection h￿ft9 be￿ 818odat•d whh th• Hou8e arrtl no 11 Tr•cJ( & Trace dat*. Consltwnt bodi8$ ha¥• rAn11n￿d to *lth ts HOUM. Th• ChanV8 pdndpal fundlng gource• of rwtt•l I￿Yn8 and R•dbridq• Insutute payTh•nts ini r•$F•¢t of their ¢1888e8 h•ld on $h• $ubstantialy T•duc•d by parKl•mlc thkdownB op•ralng r¢$trictiL¥)&. The grant from L¢)n¢kn Borough of Redbdth3• (Vis￿) wa8 h(yW•￿r augment•a by Publ￿ fvnding through tho FUrt￿gh 8¢hem• to 8UPVWt wages, t￿ne*S $4)pyt granls and bu8in898 rnteB reli•f. Th• Charty not engage In any sub$t8nfjv• fundrai￿￿ actNit•8 durlng the ygar. Expenditur• thrwhcwl ts yoar 8UPPOrt•d rt8 key objKtiV•8 by paying lor the •ssi8l¥nc• of pU￿1C fun(*ThJ ol th• r•l•ntiM of staff and runnlng of a¢lIv1fj￿ at W•n•le•d H¢¥J￿ for th• bw)offt of al mwnb•T• ofts c¢xnmunty In •'covkl socur•' envlronm•nt. Futurn •lr•t•gy In the e￿nI that co￿&18 pandomic restr￿￿*￿$ altr*. ￿tInue to seek expanBb)n of ts ¥¢*yille$ and f*¢iliti•s to m•mber8 of th• local ¢rynmunity try erKcuagiw groy and organiSatw￿ to use the Centre. Th16 wlll bo 4¢hi•v•d by irKrnasing pulAK t￿￿ne$S and local ad4eiti•ing. In the mid term, Ihe Charty 1$ looklng to con$olid•t8 w•Th•s ahead of its I8￿hOld renw*AI. In th• short temi. the Charty ig expected lo drwN spanifi¢onlly on thos• reserves in the coming finonu4 yew in the expectation of no further Support from public funding and ￿￿tinUing OFwatiLThI T•strTrction• ¢xco•ioned ty th• Cow"&19 ￿ndemIC. The r¢$•rving policy ho8 ¢nsured that the House is pl•ced to ¥bwb th• op•ratKJnal h)SS￿ in the comN ￿aT whlst provKling the community soNco8 expethd of the A880ciaticrt a $ubslantlal Inve$ts))•nt of public funding from various qo¥wnm•ntal Covi&19 p•ndemic •upport $d￿Me9 in 202012021. Flnan¢lal R•vl•w Th• Charity adopts a of ￿luring Ihal As fro• r•s•vvu are suff¢iert to m••t its day to day operation should income levels unexpe¢tedy dh)Inl$h and to provKle for unexF4¢t•d itèms ol oxpendthre piimari conc•m•d V*ilh the upkeep of the Hall and th• ￿•r1￿1 mawrtenance ofth? Houje and its •ntrances and Pago 3 WANSTEAD HOUSE COMMUNrrY ASSOCIATION Tn*t••s' report Icontlnu•dl for the yeor ￿nd￿ 31 March 2021 W￿doW8 in accordance *ilh it¥ bw•hts￿ ￿￿19•110￿. Incorne kn4el8 are expethd lo I￿ thmhiished in 2021122 thtt thts of the Covid.19 pa￿￿rn￿ c(Ythrw lo ￿ lelt %bith operations likely lo be affec*•d lor at ￿￿$t 12 month8. In ihe longer t¢m the pdicy 18 to irKnase re6ffi1è8 to tnable Chortty lo renew its leasehohd ot W•nst*qd Houw as a cCfflM￿tty centr•. Frt¥n tlme to Ime IIKI Tfu8t••8 de8vJnate funds from rgswve$ ky 8pecik expèndibJr•. The free reserve staThJ8 at £305.426 for th• rèasons stated obove. In additi'on lo thgr• ara available deu19￿1¢￿ funds totslling £22.365 for thè 8pecffl¢ purpo8e8 of r•plK•ment of remainirvj *lrKlows and t emergoncy répairs conlkng•nq a$ notsd n the ar￿1￿¥. Th• ffimndal y￿r under the Cly4￿19 HM Go¥emrnenl Ch)sw• Ordw of 24th Mw¢h 2020 wjth the Houm not 1frop￿lng until it wa• "covid MpJr•" ￿1¢h ¢olndd8d V*ith th8 8twt of the a￿dern￿ yéar in S•pl8mt4r. F￿10*In9 thtr s•¢ond k¢k¢Jry*m kn MKI Oecernber. th? SpriThJ roodmw pr•v•nt8d Ihe House frcffl rfroponing 88vo for Imnrted ox•mpted purw•8 th• rwn8ind•r ol the fin4nd￿ year. T￿ expecled on the Charit1¥ r•8•rv• 18vd8 due to the Covkk19 p8ndern￿ •nvl$8g•d in our last r•port ha8 boen defmd by 12 month$ du8 lo the wblic fjJndirvJ AcCOrdi￿Jty, th• Charlty has STealor ccrfhdence of belThJ lbkn lo rop•y tho1 inv•th•nt by Ma￿ng the Hou¥e av8ilobh to t￿ Ccffimunty ￿•T pos81b￿ wlthln I ¥ar￿na health & 8af•ty ODeratino Ihat ar• expectod tts thr￿￿houl t￿ finanaal Year. RM•rn• polScy Th* Twsl•e8 consKl8r thal thè fr•¢ Mswv07 tr￿￿J by Ihe Charity are 8uifKX￿I fLV th• fin•nwl y•ar rM)twthslanding the un¢•rtainty oCcas￿ned by th• Covi&19 pw)d¥ynlc. InvMtm•nt poll¢y The Tru$t•O8 h•v• ¢on8idered tho most aFVOWMt? pc4¢y fc* in¥•stirg fLmd8 and ha6 f￿nd thjl Bprd• Trother account rn￿1￿ their r•quir•m•nts. In tho absence of wy other inv•$lm•nl• th& Trustees did not ¢M8id•r it n8c•ssary to appoint a custodi￿ Twl¢é. Th￿￿ mattfn will bo pwknJlc•ly. RF•k v•vl•w The Trui1￿ have a TavlThf of the ii•ks to whth th• Chwlty Is ￿pOS•d sy•t•mi h•v• b88n established to mrfwJate th080 risks. Inl8mal rlsks are nlninmsed by the Impkn￿ntOt￿Jn of wocedures for authori$alion of all tr￿￿tIOnS and propd5 arKI lo en¥ur• consistsnt quahty of delrvery for al opratioml aspects of the Charty. Th•5• pmc•dur•8 ar• ￿n0th¢aly revlvwed lo that Ihty still meet thè needs 01 thè Charity. Additsonal Th￿etings, in￿￿[r￿j Board meetings, wwe hekj to monRor th• •ff•¢l$ of the Covi&19 pandem1¢ on oporats.o￿ and financ&qi &quidty as a8 revlw*ing th• prtt8ubons in pkn lo manag• the rlsk of infectk>n. Thè tru#lè&8 confim t￿•1 th•y have corryled with th8 (krty in 817151 of tr* Ch¥lUe• Act 2011 to have d ard to the guidance issued by the Charity Ccffirrtssion on Publ￿ benefft. See the piinryp$l ad¥ltI￿ se(*on abovo 48 lo th¢ m8in aetivities undertaken by Ihe Chanty lo lurther Its PLfpo￿ for putrAic berwfiL A re601ubon v•ill te ￿ared b•forn the annu￿ ger*ral meetiNJ lo wppdnt sam￿1$ LLP. Chartwed AeccAutsnts and Reg￿tered AL*Yrt¢rn. 08 oudjtors for the ensutng yew. page 4 VIAMSTEAD HOUSE COIIIAUNITY ASSOCIATIOII Tho tru•t¢e$ w• mponsI￿• for piBparfng IM Rep￿ of the TnMIMo And Ihe fln•ndal stht•m8nts in a￿0￿ce V*ith appll¢able law and United lQrodorn A￿untIr￿j Standards (Unrted Kingdom ￿ner411Y A¢(¥pted Accounting Prxtl¢•. ac¢ordarK• T*llh appltcablo l•w a￿1 Unthd Kkwdom Aco)unUng Stsndard8 (Ui¥t¢d Gen•rnlJy A¢W AcC￿n11n9 Pra¢Uce.) Il* Imv appfbcllbltt to chart￿ kn Er* and W•lN Ch•rFW Act 2011. Chw*y {Ac¢￿Un￿ RIP￿￿) RegulaWMs 2008 and th• pthwns ol the Inmt ¢*ed I￿￿r•S th• tN8tses to prepare Ilnanclal ¥tatem•nts lor •ath flnan¢lal ye* a Irue and of the state al affawB of tha ch•rlty and of t￿ Incijffling r••Ou￿•S aThl applicaffon of rexiurc•8. Induthng the *Kome and expenditure. of th8 charfty for th•t porlod. In lI￿ne￿ thtom•nl•. th• •re requlred to: . sd•ct 8uh•blo accounlkng polklm •KI ttwi •pply th*n . ob￿r¥• th• mtsthoth and rylnclfv In th¢ Charlty SORP; . m•k• ludg•m•nts and estknat•s that are msonable irKI pruden¢ . pr•por• th• finanual stat•ments on tr* golng eone•rn urkn tt Is In•pwDwb• to prejume that th• Chwlty *ll conl*w• to opwatè. The Tn￿1¢•* ire mpon•th for kmplng pmpef wuntlng record8 ththlctt dkncJw8 re•¥onabl• accurncy al any lkne th• ￿n¥n¢t￿l polition ¢1 tho Chwlty Ind to •n•ble thorn to enwre that the fin8n¢l•l It#tsm•nts compty ￿ Ihe Chwlb•• Act 2011. th• Chailty (Aeced Audhor¥' r•$pon¥ibilrti•$ for Ihg audrt of th• finandd $t#tem•nts Mth"¢)n of ¢yJr rnPOfL W• •rn iThJeperd8nt of the Chanty in accofdance vffih the •llw'¢•l requir•m•nlS Ihat aro r•l•v8nt kn our olthe fkn•K481 •tatement• ln the UK. IndLA4irrfJ the FRC'$ Elhk•l Slandard, an(1 h8¥• ILINknd our oth•r eth￿￿1 respon11￿1￿*& in •ccordanc¥ wth t￿le requirernonts. We t*thov• th•t Iho autht thtthrK• obt•Y*d i• uffKi•ni •nd appropriate io pw¢Jo 4 bNsi$ for our *rxon. con¢1￿10￿• nlllttng to o0lTri eon¢•rn We have nothing to report in rnspect ol th• folty￿ m•tkn• kn r•l•kn to *thl¢h IW IUKI r•qulr• w to report to you ¥knere.' . The Tr￿ta08 ua• of tho golng ts)nc*m bath of acc￿1￿&1 in tr* wep•r•tion ol the flnanod •tst•m not appropri•t•', - The Trustees have noi di¢c*Md in the fin•nry￿ *•bm•nty thnlrf*d mthlll ut)c*rtalnUu th•1 may C•8t wgnfflcant doubt about the Ch•riW8 abllty to ￿n￿n￿¢ lo ¥¢JW the gc4ng ol ae&)unling for A p8ri¢)d ol it ￿•*t montm fmm Ihe d•to the fman(4al statements ar• aUth￿lu*d tr Othw Infomiatlon Thg Trustees are rv5pon￿bkn fof th• other wrformltion. T￿ otr￿r iThlcrfm•bon rJJnwrffjes the inknn¥tion in the Truatees, ReporL but does nG4 indude fv fwwnrial stsknnts and RW olth•Authrn tr￿100n. Our opinion on blo finanual statsments dom Mt cO￿r other infixmthn do rv)t exprnts *ny forn ol as8uranc* condu8kn thw•on. In cL)nr*thon our •udit of the fin8na818lat8rnents, ow raporniblrty 15 to Djad the other iifoffr and, In doing 80. CM8ider **￿er the other InfO￿nath)n ffj rnatsn8l￿ ino)n¥Nknt *ith thè finandal slaterrffjnts or kn￿A￿d9• otrrtainod in lh• auth or oppe•rJ lo te materi•lty mis8tated. W, b¥8ed on thg have F*rforned, *e c4JnL*JJe that is a material r￿￿$statement of this other infoffnation, rwuirtyl to r¢Frf*1 th•t fact ￿ hth* nOW￿re to rwl In th* reg•r Platters on whl¢h * •ro rnquir•d lo r•port by •xc•ptlon In the hghl of the knO%￿edge and Lfftd•rstanditvJ of the Ch*ity WMI envwonmwrt obtaI￿d kn lh• c4ur88 01 the aut*t, ha¥e r￿t idenlified mat•rial Misstat￿￿￿ in th• TnJ¥tee's Annual R8w¢. We hove nothirvJ to reF*Nt in TW•Ct of ltrkfj matters th• ChanU•s {A￿oUnts and RoPOrt81 R¢gulatlon¥ 2008 requwe us to Teport to il, in aur opinion.. 4uffityent accounting reccfds have rK)t b￿n k•rt or -th• financial statements are not in a9rn•m•nt wrth th• ￿c￿rrtrng rec4nl8' Cf -w• have not recewed all Ihe informolion •xplanatth• we require for our authL ReBPon￿bIlltl•ffj of th• T￿*t••• As explalned moro fulty in the Statement of Trn•l••'$ R•$w)￿b￿￿￿es ￿t out on pa9e five. th• Tru•t••$ ar• r•8pongible lor the preparath￿ ofthe finaw•l •t•temerts arKI for being sab'sfied that ￿Y gi￿ a tru• 4nd f¥ir vtV4¥, and for 8uch wrtemal control as th¢ Trust••s delernilnv necesswy to enable the pryration of fin•n¢K•l 818tgments that aré free from material mi$sl4tem•nt. V+lther duo lo fraud or error. In pr•parfng the fln8n¢lal ststements, th• Trustett are respon8l>le for assessry the Ch•11￿8 •billty to Ne a8 8 golng concorn. d8downg. •• appluble. rnatters relat•d to going C￿ne￿ and u$iry the going ¢on¢•m ba818 of a¢ctyJntlrvJ unlou th• Trust￿ wther **•nd to *JAd•t• Ch•nty ry to c8a8a op￿t￿¥￿, or h•$ no reall9￿C altemalvo but to do 80. Our rwpon•lbllld•• for th• •udlt olth• fin•n¢lal •t•t•m•nts Our obl•¢tNeB are to c4rtain reasonabfe as$Uran￿ about Ihe fin•nu•l ¥t•t•mMts a$ • wfiol• ar• fw from mAterlal misatatemrt whether du• to fwj or •rror, •nd to i8sue a Report of th? Audkor8 that IrKlude8 our oplnbn. Reasonabl• a8wrgnce 1$ 4 lewl of •Mur•nce, is not a w•r•nt•• Ihal An aud condu¢t•d In accord•nce Is￿ {UKI ¥*ll alway8 datoct • material mr&8totement t*then 11 exi¥ts. Ml$8tatwn•nls can 4rn• from fra￿1 or •rror and af• consldernd matsri•l rf. ind1bidu￿ty or in the aggr•g4t•. t￿Y could reasonably be expected to infiu•nc• the ecorK)mlc dtithions of userd tsken on th• basi$ of the80 fln8nclal ltatoments. A further d￿Cl￿￿On of our mp￿81￿11rfl•¥ fvr th• 4wdtt ol th• #tatemonts i• Ioe4t•d on FI￿n¢￿Il Reporung Couno'l'i w•b•ite *1 ¥thW*.fr¢.(Yg.tWaUd6tornmpon81￿l1ti8¥. This fomi• part of our R•port ofth• Ath*lorn. Samu•l$ LLP 3 Lod($ Y4rd Hlgh Stmt S•v•no8k• Kent TN13 1LT 2rk CLL- D•la'. WANSTEAD HOUSE COMMUNrrY ASSOCIATION fortha yearended 31 Marth 2￿21 Yew ended 31.0320 Totd fur 31.03.21 Tclal Ineom• •nd •Apornlltsw• In¢om• Ivom Gty8rtt8bl& 8dMWe¥.' Buwno68 Support G￿18 Other Gwl$ HMRC Job Stt*me Grnnts R•nts SubscriFlor othortrat*ng Barlcale Idèficit)16LfF4 Sun(Jry Incom• 1nve8tmont1nc￿.' 1rt0rn81 fee4v&a 12 12 64.079 22.337 1Cfa.864 I3.￿) 130 Total kn¢omlng r••ouru• 115 41)) Exp•ndltur• on Ch￿18b1• 8¢tMlles.' Costs ol g8n8ratlng m8rfwgern￿t end admlnbtrati Totsl r••our¢u •xp•nd•d P4•t In¢om4{•yp•ndltur•) 1.￿7 11.e84} R•¢¢)0¢ll￿1I•n of Fund• Total FuTrJ8 brought lorwwd 328.7S4 328,418 Totsl ¢arrl•d foThArd 10 326 754 All ftmd5 we ￿re$InCted ￿[KIs. WANSTEAD HOUSE COhlMUNifY ASSOCIATION At 31 March 2(r21 31.03.21 T¢)lal funds 31.03.20 Tot•1 fund¥ FJx•d a•••t• Twible ass6ts 133.692 155.557 Curr•nt a•Mt• 13.991 186.695 Cagh al bgr&* and kn hw*d 4,014 21X).759 177.327 Ll•bllftlM". Amounts fanlno due In one year Not currwrt u••t• 194,099 171197 Total •M•t• Iw• ¢urr•nt Ilablllti Th• fund• of lh• Ch•rlty UnM•trfct•d fvnd• . De8bJnat•d furKI• - G¢rnr81 fun¢J• 22.365 309.428 22.385 304,389 10 Tot•1 fund• The ffnancLql $t•l￿antS by the Bowd ofTfU•t888 on 25 Octcoor 2021 and were •lgned on Its behall ty. Janet Fox (Chairm￿} WANSTEAD HOUSE COMMUNrrY ASSOCIATION Not•s to th• Ilnanelal 3t•t•ment¥ the year •nW 31 March 2021 1. Ac¢ounthw pollclo• al B•sls ol pr•p*rlng thè finan¢Sal *tst•m•nts Thg finan¢lal ¥tatsments ofthe chgrity, whth 1$ a Publ￿ benefft entity under FRS 102, ha bmn kytparod in accorda￿8 th• Ch8rrt(88 SORP {FRS 102)'Accountrn9 and R•portiYJ by Char(lie6'. Slatemerrt of ReC￿MMent18d Pr¥thc• ap￿￿tab￿ to charities Fyeporiro thelr accoLnts In accordance w7th the Finaw81 Report*& Stsrhjard ¥P￿￿ble in the UK arKI R•wbllc of IrelarKI (FRS 1021 IdY•¢tiw 1 J8nLWy 20151.. Fbnancial ReportThJ Stsnd•rd 102 'Th& Flnandal Reporting Stan￿d appl￿￿￿¢ In It* UK and Répl1￿￿ of Ireland EFA ond tho Charfl•6 Act 2011. The fmancial sl*•m•nt¥ h*￿ be￿ p1w￿red Lr*dai th• historul St ¢))nwnll¢)n. bl In¢om• hjl Income l• r•cogTh8•d in St*•m•nt al FThncknl Acll¥itw th• dwrty I enliU•m•rrt lo lh• fvnd8, rt 18 probabl• I￿￿1 IrK¢m• wjl be recknl and lh• amwnt c•n ba M?￿ured r•lwbty. ¢1 Exp•ndllur• •biliti•¥ ar• recognl8•d as •xp•ndrtLW• M soon as thw• 18 alogd ry c*mtructlb obligabon Commitbng th• charity to th •xptrbJiture, it i• probabl• that • tran8lw of e¢onomic ￿neffi8 ￿11 ￿ rnquirod in s•ll•ment •nd Ihe amount of th• obll9•kn can be m•a•ured reliably. Expenthtur• h x¢ounté(I for M •n acuuat* ba8r• h•• b8¢n ¢1osslfied under headings that 09gregat• dl ¢￿t relal•d to the cat•gory. Wh•re ¢08ts canr￿1 be dffecty atlrknrt•d lo partKular he¥dings th hab* b••n •lkxol•d to actpthifrj on g bas1¥ ￿n¥15¢•nI wrth the use of resources. dl Tinglbl• flx•d u••ts D•prKlation is provided at th• lolky*lng r3t•• kn ordwto wyfte off each 48w¢ 04w h$ 08lmatod kn. oiitc• fumltur6 and equipment Leggehold lyjlfvaing improv•mentA 3 yeaT# •) Sto¢k• Stocks arg Stat•d at tho of cost and n•t r••lKiabl• valuo. aftw m*ing alow•rr for ob4ol•t• and 81th¥ moving item fj Taxatlon The chaiity is •xwnpl from t•x ￿ it# charitablo acthilw. page 10 WANSTEAD HOUSE COMMUNrrY ASSOCIATION Ilot•s to th• fln•n¢knl *t•l•n￿￿ (conllnu•d) for the eThJed 31 2021 1. A¢eountlng pollcl•• gl Fund AccounfjTrg Unre*tricted funds can ￿ u8•d ￿ a¢¢¢th￿ *ilh the thaiilable obj'KtiV￿ at ts dlxf•tk of tr*tt tru¥lees. Re8tn"L#ed funds can only ￿ ￿ed for pothxh•r re•lrK*ed pu￿)1￿ within ltr• ot4•cts of th charty. Rè8tridion8 oriu 8p•&fied by t￿ or fvnd• ￿ rni••d for p*t6cuL¥ reslr*ted purposu. Furthor •xpl•ngllon of •ath fimd18 kndudod in the rth to th• f•Mnd￿ itat•m•nts. h) Grnnt• Income from grants 14 r•¢ogniued vthon th•fe 18 Ovhj8n￿ of •ntItl•￿ to the gitl. reGdpt probable and il• amount Can h measured rdiabty. 2021 2020 2. TMglbh fix•d u••ts The followlrg w• inc4ud•d in th• b(K)k fix•d •888ts: Office fumltur• and •quipm•nt L•a8•hold Wlnq Im￿YO¥•m•ntI 311 133692 155557 The mov•ment In th porbd was •• Id1ry￿. fixnrtttr building •quipm8nt Knprovementl Co•1 B•ginnlng of y•ar Add￿lDn8 304,875 7T8 29,545 305,853 D•pr•Glatlonlamortl•*tloD Beginnirrfj of y•ar Ch¥rg• 29,079 155 149.784 22.488 End al y•ar N•t book valu• End of year 133381 pagell WANSTEAD HOUSE COMAIUNITY ASSOCIATION Ilotes to th• fln•n¢l*l *tst•ffl•nts I￿ntInu•d for tho year •nd•d 31 2021 2021 2020 3. 8t¢¢k Th• fdbwing Indud•d In the not boc* v4luts of Jt(**: Barleafé D•btov• The fdlMng 4mounts •T• Incl￿ in tr• not boc* v4lu• of dekn: Amount• f•lllnp du• wlthln ¢)D• y•ar. Trade ￿￿or9 Prepoymonts Gr•nts r•cdvab VAT 577 1.410 12.C 2.758 1.256 4.014 . Ll•bllltlg*: •mounts f•lllng du• wlthln on• y••r The folovn'ng are hickNl•d In lab￿[11•$ fallwu *itrAn one ￿.. VAT 393 5,737 8. Emolurn•nt• ol •mplgy••• The total •m0￿ments tr the yèw ofthe Charws empknyeej amtyxbted lo.. W•g•s & ￿1￿18¥ £58,844 Th? a￿Va90 numbw of•nploy••s for the y￿r was No emplo￿9 re¢eived emolum•nts in •xc•u of £60,000. On& •mrAoy¢e i¥ a member of on auttrenrolmenl pens￿￿ Enwknyercuntiibulionl for the porio(I were £325 (202Ch £3211. pap 12 WANSTEAD HOUSE COMIIJUNITY ASSOCIATION Notes to th• Iln•ndal *tstoments (c¢)ntinued for the year end￿ 31 March 2021 7. D•81gnat•d fvnd• Thg Em•rpncy R8p4lr¥ ContsyrKy F￿￿1 w8$ Sot w *ith th• of •ettrg aside monies f unexpg¢t¢d ILrture repair •xpendrtUTe. The R8placem•nl wndow8 fwKI was a•t up to 8•t asld• Mofi￿ to rnpl*ce th• ()Id The flrst pha80 of wlndtr•V r•plac•ments ¥1grt8(l kn Aprtl 2015. BAlanc• 0110W2020 IUIWl••d) 8￿•￿¢• 31m3Q021 d•8lgnatSon• Em•rg•ncy RepalTS C¢)ntiryer R•plac•m•nt ￿n￿(W 10.000 12.365 10.000 . B*rfC•f• a¢¢ounl S•1•8 L•u'. Co11 ofg0tyJ• 9,982 3,942 ¢kni• IIc•8Vprofft 6,040 Wag 2.758 (DefficlWu￿1Us •. Co•ts ofg•n•Mtkng f￿ffi4• 43,358 18,114 25,491 40.975 18.318 34.853 Q¢preckitionlamorti80 Olher runnirKJ costs Adv•rti8ino 88 222 9•. M•My•m•nt•nd •drnlnl•lr•Oon Staff ¢08ts Audttorn. foè for*udr¢ DepMcLqtlonlarne*bs*t Other running costs 10,839 10,244 4,350 4.579 713 pago 13 WANSTEAD HOUSE COMMUNITY ASSOCIATION 14ot•s to th• finan¢lal •tsl•m•nts {contlnwd) for th• ￿ar •rnled 31 Mwch 2021 10. Mov•m•nt In Fun At 01.04.20 in luThJs At 31.03.21 G•Mral fimd 1,037 1.037 30S.426 305.426 304,389 Emorgorry R¢p•irn R•pl•c•ment Wind 10.CQO 12.365 22,365 10.000 12,385 Tot41 UM••lrf¢t•d 326.754 11. R•kntsd hrty Dl•clo•ur•• Th•r• p•rty trw••ctyw• for t￿ y•w•rhl•d 31 2021 (2020 £NiD. trwot••s dkj not any r•munwthJD truth• •y¥•r￿a w• in ts y• •rthd 31 Marth 202112020 £Nd>. 11 Or•b)ts CovNI. 19 Bulln￿1 Gr￿ts r•c•lv¢d from thè Lond￿ of R•dbr*• w• 19105f2020 1810312020 07104R021 25.000 17.079 12.000 Othw grants cL¥nwi••d'. 15105A020 LBR Vlslon e,900 13. RIAE Incom• RIAE income Is Indudgd vAthln the rnrtal ityxme figure. 113 oftho London Borwh of Red￿e Inslrttrte of Pjjutt Edu¢glI￿ l￿trIm•nts w•r• during the y•ar {£3.333). Th• As$c*ikn"on belEves that the other 2 t•mi'$ 1n$tslm￿ts (£6.66n ￿111 not bfr received due to th• extended perlod of ¢ltswse of bolh the HOUM the In•btute. T￿efor•, this amtyjnt ha8 nol been acc￿1 fty. page 14 WANSTEAD HOUSE COMMUNITY ASSOCIATION G•n•r*l In¢om• and •xp•ndknrn •¢¢ount forth• year •nd•d 31 M¥r¢h W21 2020 Incorn• Room rOnt￿- ESOL & Clcar• Other gront$ 8usine¥$ Support fyanl8 HMRC Job R¢t•ntion Sc*•m• GrAnts Interest rewv•d Sundry inwm¢ Sub$¢riptlons Oth•r rental irK4yn• BarlC•f• •¢¢ounl 3.333 10,000 54,079 34.384 130 300 726 19,tsJ4 3.456 393 1,501 99,864 115.400 121,287 ExP•nd1￿Y• Clerul 8914ri•8 Accc4Jntaney and •udft Payroll 8eNce Office c08t8 and ral Ughl and héal C4rotak•rs' salartos Cloanor8' B￿aTI•l P•nslon costy Cl•anlng mat•rfals Repalrs arvj d•coralk¥n8 Insur￿ce Amorti￿tion4eaSehQ1d buSldlng Improv•m•nl• D•pre¢iatioTr offic• fvml￿r• & •qu*￿m￿nt Mlnor tyuipment 22.950 5.240 480 5,917 7,746 26,442 4.481 325 647 23,280 5.190 480 13.051 9.786 27.637 4.389 321 1.135 4,061 1,671 22.488 15$ 1.188 1.490 181 1,259 1,439 22.60 291 773 1,518 267 Pmlw, $t*tionery wwj prirrt A