REGISTERED COMPANY NUMBER: 01915571 (England and Wales)

REGISTERED CHARITY NUMBER: 292616

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SWISS COTTAGE COMMUNITY ASSOCIATION

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

Notes to the Financial Statements

7

to

13

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of 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 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Established in 1985, Swiss Cottage Community Association (SCCA) is a London based charity and each year we support thousands of children and adults, some of whom come to us in significant need, as we empower them to achieve positive aspirations and thrive. Our mission is to maximise the social and economic benefits to the local community especially those who experience some form of poverty or disadvantage. Our social value programme, nursery and room hire initiatives continue to be examples which help us achieve this objective. Our service users come from all over London but predominately from Camden.

ACHIEVEMENTS AND PERFORMANCE

Charitable activities

We encountered structural building problems throughout the reporting year which presented some challenges in terms of our operation. Nonetheless we were able to deliver on most of our core aims in an attempt to alleviate poverty, tackling inequality and offer positive mental health outcomes.

Some of our main programmes included:

(1) an Ofsted regulated community nursery for children up to age 5, including working with children who have numerous special education needs who are non-verbal and non-mobile. In this regard we were in regular contact with Camden's children services and other stakeholders to ensure the best possible educational outcomes for the children on roll. The nursery is heavily over-subscribed and we continue to have a huge waiting list;

(2) delivering a social value programme of classes e.g. physiotherapy for the elderly, digital classes for the unemployed, art classes for elderly and unemployed, exercise classes for those specifically with mental health challenges, counselling classes for low income households bereaved by cancer, British Sign Language classes for those who are deaf and hard of hearing and others who want to communicate with the deaf community to improve wellbeing and quality of life, counselling sessions for men and women delivered by professionally trained counsellors to help service users:

- managing stress, anxiety and low mood;

- coping with grief and loss;

- navigating relationship challenges;

- building confidence and resilience; and

- finding clarity with emotional balance.

Service users were particularly grateful for these counselling sessions as for some life's challenges can feel overwhelming and having a safe space to talk made all the difference. Our professionally trained counsellors provided a compassionate, non judgemental space where service users could explore their feelings and find the support they need. In this regard we often worked in partnership with other organisations such as MIND, Camden's Adult Learning, Camden Council, Safer Neighbourhood Policing and Pegasus Wellbeing to deliver activities which aimed to tackle isolation, promote health and safety, promote healthy wellbeing, effective communication and increase the chances of securing employment;

(3) delivering a number of in-house 'anonymous' and 'self-help' groups dealing with the abuse of alcohol, narcotics, debt and unemployment. These services are regulated by the national '12 Step' programme. The feedback from some service users confirm that their attendance at these groups has "saved their lives" and "eliminated domestic violence towards loved ones" as well as enabled them to face life with renewed confidence. Some of these service users are still living with the effects of long term Covid which according to the Office of National Statistics currently affects 2 million people currently living in the UK (as of March 2025). Such issues often present mental health challenges to some of our service users which prompt many to turn to narcotics, debt, alcohol and struggle to secure employment; and

(4) providing a subsidised community cafe and hosting community hires especially for young people e.g. supplementary education, drama, chess and dance etc.

We are a community centre for the entire community and service users are also able to use the space to run private activities e.g. self defence classes for women and girls who are increasingly experiencing violence perpetrated against them. We have an inter-generational client base with age groups ranging from 3 - 80+.

Further, we are also a founder member of Camden Community Centre's Consortium (C4) which is a collective of over 20 community centres in Camden and we met quarterly throughout the year to discuss best practice and opportunities to work together.

The charity's achievements against objectives set:

During the reporting year some of SCCA's activities had to be restricted as the organisation had not been able to use up all of its available space due to building issues around defects and flooding. These issues have largely been addressed by SCCA's landlord as of April 2025 and consequently the organisation has reassessed its priorities going forward with a focus on key programmes and careful consideration of alternative funding options and different allocation of resources. Overall, the organisation has had to take significant steps to rationalise spending and costs where possible but has been able to retain the activities as referenced above.

Measures and indicators used to assess the charity's performance:

We assess impact and performance by inviting feedback from our members and service users. All members and service users are invited to SCCA's Annual General Meeting (AGM) which is chaired by the Mayor or Deputy Mayor of Camden. At the AGM we present SCCA's annual report and accounts to the membership who are invited to comment on the day to day operations of the centre and any programming suggestions.

We also have a suggestion box and encourage service users to submit their views regarding the designing and influencing of our work. We take full account of annual customer satisfaction surveys for each activity and more detailed independent service user surveys.

SCCA believes in tangible reaction and implementation to the needs identified by our service user membership which we believe will lend itself to the organisation remaining relevant and responsive to contemporary issues and problems.

We would like to thank the staff, members and all the individuals and organisations who continue to support us. We are always grateful to our funders who have been supportive in allowing us to evolve. We look forward to the challenges in the coming year and the continued support we have built on.

FINANCIAL REVIEW

Financial position

There were and continues to be significant financial pressures on the voluntary sector and some of our service users are still facing considerable challenges as they attempt to rebuild their lives post the pandemic and current cost of living challenges. However, our future plans remain ambitious and more than ever we need the support of our stakeholders so that we can continue to positively change lives and empower vulnerable people especially in these extremely difficult economic times. SCCA remains especially keen on exploring further partnership programming models and co-promotions with other organisations to deliver an ambitious and sustainable community development programme.

Generally, the organisation continues to take relevant steps to prioritise and rationalise spending and costs where possible and appropriate. This has helped SCCA initiate, support and implement educational and health related developments amongst a diverse local community and more generally across Greater London. There remain major costs linked with running and maintenance of the building and we continue to work hard to reduce these.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Risk Management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

Appointment of new trustees

New trustees are appointed at the AGM by a majority vote. The AGM is chaired by the Mayor of Camden who is an elected councillor.

The election of new trustees at the AGM is carried by a majority of the votes cast by the membership and in case of equality of votes the Chair shall decide between those candidates by lot, and proceed as if the candidate on whom the lot falls had received an additional vote.

Reserves policy

Our policy for holding reserves is to hold adequate funds to discharge our liabilities as they fall due and to provide a contingency for any unforeseen circumstances.

Public benefit

The trustees confirm we have regard to the Charity Commission's guidance on public benefit.

Website

https://yourswiss.org

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

01915571 (England and Wales)

Registered Charity number

292616

Registered office

19 Winchester Road

Swiss Cottage

London

NW3 3NR

Trustees

Ms N Bello O’Shanahan

Mrs R Bunker

Ms A Burrage (resigned 16.6.25)

Ms S Howard (resigned 16.1.25)

V Padaki (resigned 22.7.25)

Ms S O Scott

Ms G Stevens

K W Scarnell (appointed 27.1.25) (resigned 25.4.25)

S Fraser (appointed 27.1.25) (resigned 10.6.25)

W Achampong (appointed 28.6.25)

E Balance (appointed 19.9.25)

Independent Examiner

Numera Partners LLP

4th Floor

Charles House

108-110 Finchley Road

London

NW3 5JJ

Bankers

Natwest

Kilburn High Road (E) Branch

127 Kilburn High Road

London

NW6 6JL

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

Approved by order of the board of trustees on 17 December 2025 and signed on its behalf by:

Ms G Stevens - Trustee

Independent examiner's report to the trustees of Swiss Cottage Community Association ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Giles Cohen

Numera Partners LLP

4th Floor

Charles House

108-110 Finchley Road

London

NW3 5JJ

17 December 2025

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

126,133

-

126,133

143,123

Other activities

3

171,633

5,000

176,633

174,745

Investment income

4

695

-

695

803

Total

298,461

5,000

303,461

318,671

EXPENDITURE ON

Raising funds

5

130,537

-

130,537

74,556

Charitable activities

Expenditure on charitable activities

237,558

-

237,558

212,819

Other

411

-

411

518

Total

368,506

-

368,506

287,893

NET INCOME/(EXPENDITURE)

(70,045

)

5,000

(65,045

)

30,778

RECONCILIATION OF FUNDS

Total funds brought forward

260,141

-

260,141

229,363

TOTAL FUNDS CARRIED FORWARD

190,096

5,000

195,096

260,141

31.3.25

31.3.24

Unrestricted

Restricted

Total

Total

fund

fund

funds

funds

Notes

£

£

£

£

FIXED ASSETS

Tangible assets

12

2,605

-

2,605

3,016

CURRENT ASSETS

Debtors

13

35,390

5,000

40,390

8,262

Cash at bank

173,108

-

173,108

313,588

208,498

5,000

213,498

321,850

CREDITORS

Amounts falling due within one year

14

(21,007

)

-

(21,007

)

(64,725

)

NET CURRENT ASSETS

187,491

5,000

192,491

257,125

TOTAL ASSETS LESS CURRENT LIABILITIES

190,096

5,000

195,096

260,141

NET ASSETS

190,096

5,000

195,096

260,141

FUNDS

15

Unrestricted funds

190,096

260,141

Restricted funds

5,000

-

TOTAL FUNDS

195,096

260,141

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

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

The financial statements were approved by the Board of Trustees and authorised for issue on 17 December 2025 and were signed on its behalf by:

G Stevens - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation current of the financial statements is the Pound Sterling (£) and rounded to the nearest £.

Financial reporting standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

•

the requirements of Section 7 Statement of Cash Flows;

•

the requirement of paragraph 3.17(d).

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Government grants

Government grants are recognised based on the performance model, which is as follows:

a) A grant that does not impose specified future performance-related conditions on the recipient is recognised in income when the grant proceeds are received or receivable.

b) A grant that imposes specified future performance-related conditions on the recipient is recognised in income only when the performance-related conditions are met.

(c) Grants received before the revenue recognition criteria are satisfied are recognised as a liability.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Pension costs

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Tangible fixed assets

Tangible fixed assets are measured at historic cost less depreciation.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 10% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Cash at bank

Cash is represented by cash in hand and deposits with financial institutions repayable without any penalty on notice of not more than 24 hours.

Creditors

Short term creditors are measured at transaction price.

Going concern

After reviewing the charity's forecasts and projections for the next 12 months from the date of this report, and noting no existence of material uncertainties, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern policy in preparing its financial statements.

2.	DONATIONS AND LEGACIES

31.3.25

31.3.24

£

£

Nursery income

126,133

143,123

3.	OTHER ACTIVITIES

31.3.25

31.3.24

£

£

Room & membership fees

130,091

113,314

Cafe rental income

40,178

37,099

Miscellaneous

1,364

154

Government grants

-

21,678

Other grants

5,000

2,500

176,633

174,745

4.	INVESTMENT INCOME

31.3.25

31.3.24

£

£

Deposit account interest

695

803

5.	RAISING FUNDS

Raising donations and legacies

31.3.25

31.3.24

£

£

Support costs

130,537

74,556

6.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

£

£

£

Raising donations and legacies

125,318

725

4,494

130,537

Support costs, included in the above, are as follows:

31.3.25

31.3.24

Raising

donations

and

Total

legacies

activities

£

£

Rates and water

6,266

7,178

Insurance

9,228

6,343

Light and heat

20,910

11,787

Repairs and renewals

17,533

14,909

Sundries

22,442

16,499

Rent

48,939

12,997

Bank charges

725

753

Accountancy and legal fees

4,494

4,090

130,537

74,556

7.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

31.3.25

31.3.24

£

£

Depreciation - owned assets

411

497

8.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.

9.	STAFF COSTS

31.3.25

31.3.24

£

£

Wages and salaries

208,214

185,203

Social security costs

16,862

14,294

Other pension costs

3,759

3,505

228,835

203,002

The average monthly number of employees during the year was as follows:

31.3.25

31.3.24

Management

4

3

Operational

6

7

10

10

No employees received emoluments in excess of £60,000.

10.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

fund

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

143,123

-

143,123

Other activities

174,745

-

174,745

Investment income

803

-

803

Total

318,671

-

318,671

EXPENDITURE ON

Raising funds

74,556

-

74,556

Charitable activities

Expenditure on charitable activities

212,819

-

212,819

Other

518

-

518

Total

287,893

-

287,893

NET INCOME

30,778

-

30,778

RECONCILIATION OF FUNDS

Total funds brought forward

229,363

-

229,363

TOTAL FUNDS CARRIED FORWARD

260,141

-

260,141

11.	INDEPENDENT EXAMINERS' REMUNERATION

The independent examiners' remuneration was £3,350 (2024: £3,250).

12.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024 and 31 March 2025

50,960

2,140

53,100

DEPRECIATION

At 1 April 2024

48,667

1,417

50,084

Charge for year

229

182

411

At 31 March 2025

48,896

1,599

50,495

NET BOOK VALUE

At 31 March 2025

2,064

541

2,605

At 31 March 2024

2,293

723

3,016

13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

33,361

3,540

Other debtors

7,029

4,722

40,390

8,262

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

443

54,086

Social security and other taxes

-

4,089

VAT

230

-

Other creditors

1

1

Accruals and deferred income

17,333

3,549

Accrued expenses

3,000

3,000

21,007

64,725

Deferred income of £17,333 (2024: £3,549) relates to room rental revenue received in advance. The prior year deferred income of £3,549 was recognised as income in the current year.

15.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

260,141

(70,045

)

190,096

Restricted funds

Restricted

-

5,000

5,000

TOTAL FUNDS

260,141

(65,045

)

195,096

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

298,461

(368,506

)

(70,045

)

Restricted funds

Restricted

5,000

-

5,000

TOTAL FUNDS

303,461

(368,506

)

(65,045

)

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

£

£

Unrestricted funds

General fund

229,363

30,778

260,141

TOTAL FUNDS

229,363

30,778

260,141

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

318,671

(287,893

)

30,778

TOTAL FUNDS

318,671

(287,893

)

30,778

A current year 12 months and prior year 12 months combined position is as follows:

Net

movement

At

At 1.4.23

in funds

31.3.25

£

£

£

Unrestricted funds

General fund

229,363

(39,267

)

190,096

Restricted funds

Restricted

-

5,000

5,000

TOTAL FUNDS

229,363

(34,267

)

195,096

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

617,132

(656,399

)

(39,267

)

Restricted funds

Restricted

5,000

-

5,000

TOTAL FUNDS

622,132

(656,399

)

(34,267

)

The restricted fund relates to a stop smoking pilot project grant.