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2022-03-31-accounts

Registered Company Number: 2628224 Registered Charity Number: 1003603

Learning Partnerships

(A Company Limited by Guarantee)

Financial Statements and Annual Report of the General Council for the year ended 31 March 2022

Learning Partnerships

Contents

Page
Annual Report of the General Council .................................................................... 3
Independent Report .......................................................................... 15
Statement of Financial Activities ......................................................................... 16
Balance Sheet .................................................................................................. 17
Statement of Cash Flows ................................................................................... 18
Notes to the Financial Statements ...................................................................... 19

Learning Partnerships

Report of General Council for the year ended 31 March 2022

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Articles of Association, and 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 (FRS102).

Structure, Governance and Management

The organisation is a charitable company limited by guarantee and was established under a Memorandum of Association which established the objects and powers of the company and is governed under its Articles of Association.

The directors of the company are also charity trustees for the purpose of charity law and under the ticles of Association are known as members of the General Council. Recruitment to the General Council is by invitation and by approval of a simple majority of those entitled to vote.

The charity operates across Leeds focusing on areas of high deprivation in the city. Invitations for board membership are issued on consideration of the skills required to run the charity effectively as well as an interest and knowledge of raising aspirations through educational attainment, social inclusion and community engagement.

New directors are invited to Learning Partnerships offices for an induction which covers information on the role and terms of reference, the business plan, policies and procedures, health and safety and facilities. They are introduced to the Executive Team and staff members of the Charity. External training courses may be considered if felt appropriate. An induction pack and handbook is issued to each trustee which covers in detail all the topics covered during their visit and induction to the charity.

Risk Management

Internal financial controls are in place to safeguard the charity with reliable information so that significant problems can be identified on a timely basis and dealt with appropriately.

The Executive Team and the Finance Manager hold monthly meetings to receive monthly management accounts and review financial performance against budget and consider future funding plans. These are also reviewed at regular board meetings.

The principal risks and uncertainties faced by the charity at the time of writing are as follows:

to all employees and contains guidance on risk assessment. During the year a risk map was drawn up of measures in place and any action to be taken where an identified risk had no control in place. It is reviewed by management and monitored yearly. This year additional risk factors have been added due to the pandemic.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Risk Management (continued)

The Executive Team and Finance Manager regularly review the risks and ensure that an effective risk management strategy is in place. They report to the full Council on a regular basis.

Quality

The Charity has maintained its quality marks and standards.

The Charity holds the Matrix standard, a quality framework for organisations to assess and measure their advice and support services and demonstrate the effective delivery of information on learning and work and it continues to work above the requirements for this standard.

The Charity continue to be an employer on the Mindful Employer charter as an employer who is positive towards mental health, which has been held since January 2017.

The Charity are also committed to the DWP Disability Confident Scheme, which supports people with disabilities and long-term health conditions to access work.

In March 2021, the Charity received Cyber Essentials Certification, certifying our compliance to the requirements of the Cyber Essentials Scheme.

Organisational Structure

The General Council of the charity is currently comprised of eight members who meet six to eight times a year.

Directors

The following directors have held office during the period from 1 April 2021 to the date of this report unless otherwise stated.

J.J. Burton T. Murray, Chairman I.K. Hunjan, M.B.E J.H.J. Hosegood J. Clare A.D. Warren R. E. Kelly M. Tudge

Treasurer

M.Tudge

Secretary

M.Tudge

Senior Executives

L. Metcalf

The day to day running of the organisation is carried out by the Executive Team consisting of 2 members, covering Business Management and HR and the other covering Business Development and Operations.

The Chairman is actively involved with the charity and attends external meetings and networking events. The Executive Team meet on a monthly basis with the Chairman. The Executive Team also meet on a monthly basis with the Finance Manager. Other members of the board support the Executive Team as required, where they have the expertise for e.g. finance, legal and safeguarding.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Objectives and Activities

Learning Partnerships is a Leeds based educational charity with 30 y working within inner-city Leeds to develop innovative projects, which draw heavily on the principles of effective learning and their link to community regeneration. Our work focuses on supporting children, young people and families in deprived areas of Leeds and most deprived nationally.

Our work concentrates on inner city wards of Leeds. The communities are characterised by poor housing, low skills, low educational attainment, high unemployment, single parent families and large ethnic minority populations. Our projects are needs driven and we base our funding and bid strategies on this premise.

guidance on public benefit when reviewing our objectives and in planning our future activities.

The aims of Learning Partnerships are undertaken specifically to ensure the charitable objects meet the public benefit requirement and the Charities Act 2011.

Our Vision: A society where individuals are engaged, inspired and empowered to achieve their full potential.

Our Values:

Our Social Objectives:

  1. To improve skills of individuals, enabling them to progress into learning or employment

  2. To increase life chances, aspirations and choices of children, young people and adults in Leeds

  3. To reduce poverty and inequality

  4. To effectively support cohesion and integration in local communities

Our Objectives:

To develop cross sector partnerships

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Objectives and Activities (continued)

The above aims and objectives meet the public benefit criteria as defined in the Charities Act 2011.

Achievements and Performance

Support for Schools

Improving literacy, improving lives.

The Read Programme facilitates individual support for disadvantaged children to help them attain the literacy and language skills required for future educational and employment opportunities. The support is made possible through the provision of a rolling programme of recruitment, training and co-ordination for volunteers from local businesses and communities. Volunteers give an hour a week to support targeted children, helping to improve their reading skills and literacy levels as well as increasing self-confidence, self-esteem and language & communication skills.

Unfortunately, the repercussions from Covid continued into this year with a number of volunteers not being able to return to school.

However, a stalwart team of 30 volunteers continued throughout the year supporting over 150 children. A new school, Meadowfield Primary School joined the programme and were supported by 4 volunteers from a new company, Bevan Brittan.

The project manager successfully generated £16,765 to help sustain the delivery of the programme - £11,560 in grants and donations, £1,725 in volunteer school provision fees and £3,480 from the Registered Body Disclosure and Barring (DBS) Umbrella Service administration fees.

Funding was also secured to run an after-school club at Nowell Mount Community Centre for children from the Coa member of Brownhill School staff and 2 volunteers providing group-based literacy activities and -15 children attended the club each week.

Who benefits: Over 150 children across 8 inner-city primary schools benefited from individual reading support this year. Around 30 children benefited from the after-school club.

How this meets the aims of the charity:

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds

Social Objective 4: To effectively support cohesion and integration in local communities

centres, and other services

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Achievements and Performance

2 Street

2 Way Street is a community improvement and wellbeing project for East Leeds. We work with local volunteers, residents and schools to deliver healthy eating campaigns, public planting schemes and gardening clubs so that children and adults can care for their area, benefit from green spaces and get support growing their own produce for improved mental and physical health, wellbeing, self-esteem and confidence.

How this meets the aims of the Charity:

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds

Social Objective 4: To effectively support cohesion and integration in local communities

Who benefits: Children, young people & adults from the most deprived areas in East Leeds.

Support for Adults

Adult Learning

The programmes delivered under this area were, Developing You (Wellbeing and employability programme), ESOL (English Speakers of Other Languages), NHS into Work (support with employability skills to help local residents gain employment in the NHS), and Digital Skills.

All Adult Learning is funded until July 2022. The courses were delivered in the local communities in Leeds, priority was given to the most disadvantaged wards. All learners were unemployed and 19 years old or above. The courses covered employability skills, confidence building, breaking down barriers to work, English for Speakers of Other Languages (ESOL), and digital skills support. Numeracy, literacy and ICT are embedded within all programme delivery.

The majority of the Adult Learning programmes are delivered in the top 20% Super Output Areas of Leeds. The courses are designed to help learners move closer to the labour market and progress onto further learning or work.

Who benefits: individuals aged 19+ and above living in disadvantaged communities

How this meets the aims of the charity:

Social Objective 1 : To improve skills of individuals, enabling them to progress into learning or employment

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds

Social Objective 3: To reduce poverty and inequality

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Achievements and Performance (continued)

Social Objective 4: To effectively support cohesion and integration in local communities

Future Opportunities

This is a continuation of STEP funding which completed in December 2019. It is funded by The Henry Smith Charity and offers tailored 1:1 and group support to improve the English and employability skills of the long-term unemployed adults from Black, Asian and Minority Ethnic communities (BAME) helping beneficiaries move closer to/into employment. The programme started in January 2020, and we are targeted to achieve 200 starts before December 2022.

Who benefits: Unemployed BAME adults in Leeds whose first language is not English.

How this meets the aims of the charity:

Social Objective 1 : To improve skills of individuals, enabling them to progress into learning or employment.

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds.

Social Objective 3: To reduce poverty and inequality.

Social Objective 4: To effectively support cohesion and integration in local communities.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Achievements and Performance (continued)

The Stronger Families Programme

August 2021 is funded by The National Lottery (Building Better Opportunities) with match funding from European Social Fund (ESF). Bradford Metropolitan Council is the contract holder with Leeds City Council managing the Leeds provision. Learning Partnerships is sub-contracted to manage 4/5 key workers who provide early intervention support to 280 individuals from identified families with the aim of preventing anti-social behaviour, police involvement, possible criminal records and/or children being excluded from school. The programme supports social inclusion and helps remove possible barriers supporting the families move closer to the job market and/or gain sustainable employment.

Who benefits: Unemployed adults (17+) who have a minimum of one dependent child less than 18 years of age.

How this meets the aims of the charity:

Social Objective 1 : To improve skills of individuals, enabling them to progress into learning or employment.

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds

Social Objective 3: To reduce poverty and inequality

New Opportunities Community Led Local Development (CLLD)

Working in partnership with GIPSIL New Opportunities offers intensive 1-1 support targeted at long term engage and inspire individuals to improve their life chances and choices. It is match funded by European Structural and Investment Funds (ESIF). Delivery commenced October 2019 and has received an extension to complete December 2022. It is looking to engage with 474 participants.

Who benefits: Long term unemployed adults 18+ from the Inner East area of Leeds (20% most deprived wards from the indices of deprivation 2010).

How this meets the aims of the charity:

Social Objective 1 : To improve skills of individuals, enabling them to progress into learning or employment.

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds.

Social Objective 3: To reduce poverty and inequality.

Social Objective 4: To effectively support cohesion and integration in local communities.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Achievements and Performance (continued)

To develop cross sector partnerships

Healthier Working Futures

Healthier Working Futures engages and encourages young people (aged 16-25) who are living in Leeds to consider a career in health and care. The aim of the programme is to showcase health and care career paths as an attractive route for young people, highlighting the opportunities available in the hopes that a young person will want to secure a role in health and care in future.

The programme offers lots of different methods of support, including:

Free 1:1 advice on the different routes into a health and care career. Access to work experience days to discover how it feels to work in health and care. Personalised support sessions to help a young person find the best route for them. Access to training and qualifications to help secure a role in future.

Invitations to health and care career introduction events where young people can explore the roles and opportunities available, talk to people already working in health and care, and identify their next steps. It started in February 2022 and will finish July 2022.

Who benefits: 16 25-year-olds who have an interest in or want to know more about working in the Health and Care industry

How this meets the aims of the charity:

Social Objective 1 : To improve skills of individuals, enabling them to progress into learning or employment.

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds.

Social Objective 3: To reduce poverty and inequality.

Social Objective 4: To effectively support cohesion and integration in local communities.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Achievements and Performance (continued)

Asset Based Community Development (ABCD) Community Builder

We received funding from Leeds City Council to recruit two Community Builders to work with the local community in the Clifton & Nowells area of East Leeds and to work in Harehills through the change in the area. Funding will continue for both posts until 2022.

Who benefits: Residents from the Clifton & Nowells area of East Leeds and Harehills.

How this meets the aims of the Charity:

Social Objective 2: To increase life chances, aspirations and choices of children, young people and adults in Leeds.

Social Objective 3: To reduce poverty and inequality.

Social Objective 4: To effectively support cohesion and integration in local communities.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Financial Review

The average number of project staff employed during the year was 28 and reflects the fact that the Charity was fully staffed during the year. However, due to the pandemic a number of staff were placed on furlough (Coronavirus Job Retention Scheme) in 2020/21 as not all services were able to operate due to the lockdown restrictions.

The Charity continues to explore new opportunities and, where these are compatible with its strategic aims, will make representations to funding organisations that may wish to be involved. It will, at the same time, strive to maintain and improve its current high standard of delivery.

The Charity is reporting an income of £723,629 compared with £675,384 in the previous year and expenditure of £688,388 compared with £682,134. This has resulted in restricted and unrestricted funds totalling £328,845 compared with £293,604 at the start of the current year.

Funding Sources

Funding for major activities has come from Leeds City Council and The National Lottery.

Fundraising

The Charity strives to achieve the highest fundraising standards and we value our supportive funders. The Charity are staying up to date with developments in charity regulation, data protection and fundraising practice via the Fundraising Regulator to make sure it is legally compliant and adhering to all guidelines. fundraisers follow the Fundraising Regulator Code of Practice, and the Charity ensures that these standards are applied to all fundraising. No complaints about fundraising were received in the year.

Remuneration

The pay of the C and may be increased in accordance with national indicators such as inflation or average earnings where financially possible and prudent. The remuneration is also benchmarked with charities of a similar size and activity to ensure that it is fair and not out of line with that generally paid for similar roles.

Investment Policy

Learning Partnerships has a deposit account with Santander Bank to maximise interest receivable.

Reserves Policy

The reserves of the Charity are composed of restricted and unrestricted funds. These funds are maintained at a sufficient level in order to allow the smooth operation of the C

Unrestricted Funds:

Restricted Funds:

The composition and detailed movement of restricted funds is shown in note 13. The balance sheet states the restricted funds were held in the form of cash in the bank accounts. The current level of restricted funds and the ongoing funded arrangements relating to those funds is sufficient to maintain the specific projects.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Statement of Director

Company law requires the directors to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and the income resources and application of resources for that period. In preparing those financial statements, the directors are required to:

The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the financial statements comply with the Companies Act. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Learning Partnerships

Report of General Council for the year ended 31 March 2022

Other Information

Registered office

The Burton Business Park Hudson Road Leeds LS9 6DJ

Independent examiner

Jessica Lawrence Azets Audit Services Limited 33 Park Place Leeds LS1 2RY

Bankers

Santander Bootle Merseyside L30 4GB

Legal Status

Learning Partnerships is a registered charity (number 1003603) and a company limited by guarantee (number 02628224).

Small company provisions

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

This report was approved by the Board of Directors on 11[th] October 2022 and signed on its behalf by:

Martin Tudge Director/Secretary

Learning Partnerships

Independent Examiner s Report to the Members of Learning Partnerships

I report to the Trustees on my examination of the financial statements of Learning Partnerships for the year ended 31 March 2022.

This report is made solely to the Charity's Trustees, as a body, in accordance with Section 145 of the Charities Act 2011. My independent examination work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent Examiner's Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my independent examination work, for this report, or for the opinions I have formed.

Responsibilities and basis of report

As the C (and also its directors for the purposes of company law) you are responsible for Having satisfied myself that the financial statements of the Charity 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 financial statements 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

ed

in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales (ICAEW), 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 Financial Statements do not accord with those records; or

  3. The Financial Statements 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.

Jessica Lawrence 11[th] October 2022

Azets Audit Services Limited 33 Park Place Leeds LS1 2RY

Learning Partnerships

Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2022

Total Total
Notes Unrestricted
Funds
Restricted
Funds
Funds
2022
Funds
2021
£ £ £ £
Income
Donations and gifts 3 2,492 46,887 49,379 52,224
Fundraising 6 6,353 - 6,353 -
Gifts in kind 4 46,300 - 46,300 46,300
Charitable activities 5 113,879 483,993 597,872 480,675
Trading activity - Service
delivery
6 10,409 - 10,409 5,302
CJRS Grant income 12,467 - 12,467 90,288
Investments income 7 849 - 849 595
Total income 192,749 530,880 723,629 675,384
Expenditure
Service delivery 6 10,038 227 10,265 15,551
Fundraising 6 4,009 2 4,011 69
Charitable activities:
Support for schools 8 8,883 23,005 31,888 29,362
Support for disadvantaged
young people, adults and 8 214,598 427,626 642,224 637,152
families
Total expenditure 237,528 450,860 688,388 682,134
Net (expenditure)/income (44,779) 80,020 35,241 (6,750)
Transfers between funds - - - -
Net movement in funds (44,779) 80,020 35,241 (6,750)
Total funds brought forward 128,403 165,201 293,604 300,354
Total funds carried forward 14 83,624 245,221 328,845 293,604

The statement of financial activities included all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

The notes on pages 19-30 form part of these financial statements.

A fully detailed comparative Statement of Financial Activities for the year ended March 2021 can be found at note 18.

Learning Partnerships

Balance Sheet as of 31 March 2022

2022 2022 2021 2021
Notes £ £ £ £
Current assets
Debtors 11 54,460 40,684
Cash in bank and in hand 300,079 277,546
354,539 318,230
Current liabilities
Creditors: Amounts falling due within 12 (25,694) (24,626)
Net current assets 328,845 293,604
Net assets 328,845 293,604
Funds of the charity:
Unrestricted funds 14 83,624 128,403
Restricted funds 14 245,221 165,201
Total funds 14 328,845 293,604

The notes on pages 19-32 form part of these financial statements

For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 477 Companies Act 2006. No member of the company has deposited a notice, pursuant to section 476, requiring an audit of these financial statements under the requirements of the Companies Act 2006.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the General Council and signed on their behalf on 11[th] October 2022

T Murray

Director (Chair of Trustees)

Company registration number: 02628224

Learning Partnerships

Statement of Cash Flows for the Year Ended 31 March 2022

2022 2021
Note £ £
Cash flows from operating activities
Net cash provided by operating activities 17 21,684 15,660
Cash flows from investing activities
Interest received 849 595
Net cash provided by investing activities 849 595
Change in cash and cash equivalents in the year 22,533 16,255
Cash and cash equivalents at the beginning of the year 277,546 261,291
Cash and cash equivalents at the end of theyear 300,079 277,546

The Charity had no net debt in the current or prior year.

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022

1. Accounting policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the accounts are as follows:

Charity information

Learning Partnerships is a Company Limited by Guarantee and is also a registered charity. The registered office is The Burton Business Park, Hudson Road, Leeds, LS9 6DJ. The organisation s charity number is 1003603 and company number is 02628224.

Accounting convention

The accounts have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) ( Charities SORP (FRS 102) ), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Companies Act 2006 and the Charities Act 2011.

The financial statements are prepared in sterling which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £1.

Learning Partnerships meets the definition of a public benefit entity under FRS 102.

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

Going concern

As described in the Report of General Council, the charity continues to explore new opportunities and is actively applying for new funding. Also, the nature of expenditure incurred by the charity provides flexibility in managing the cost base appropriate to levels of funding. Accordingly, the directors are confident that the charity will continue as a going concern for a period of at least 12 months from the date of the Report of General Council.

Income

All income is recognised in the Statement of Financial Activities when the conditions for receipt have been met and there is reasonable assurance of receipt. Where a claim for repayment of income tax has or will be made, such income is grossed up for the tax recoverable. The following accounting policies are applied to income.

Grants

Grants are recognised in the Statement of Financial Activities when the conditions for receipt have been complied with. Where a grant is received relating to a future accounting period, the SoFA shows the gross amount received together with the changes in the amount deferred to future accounting periods. Deferred grant income at the year-end is included in creditors.

Gifts in kind

Gifts in kind are included in the SoFA at an amount which estimates their monetary value to the charity.

Donations

Donations are recognised in income when they become receivable.

Investment income

Investment income is accounted for when receivable.

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

1. Accounting policies (cont.)

Transfer between funds

All income and expenditure are initially included in the Statement of Financial Activities.

Transfers from restricted funds are made to cover the management costs associated with running a particular project or fund.

Expenditure

Expenditure is included in the Statement of Financial Activities on an basis, inclusive of any VAT which cannot be recovered.

Certain expenditure is directly attributable to specific activities and has been included in those cost categories. Certain other costs, which are attributable to more than one activity, are apportioned across cost categories on the basis of an estimate of the proportion of time spent by staff on those activities.

Staff costs

The costs of short-term employee benefits are recognised as a liability and an expense where settlement of obligations does not fall within the same period.

Termination payments are recognised as an expense immediately following the decision to determine an t.

Pension costs

The company operates a defined contribution pension scheme, the assets of which are held separately from those of the scheme in an independently administered fund. Contributions payable for the year are charged to the Statement of Financial Activities.

Fund accounting

Funds held by the charity are either:

Restricted funds

Restricted funds represent grants, donations and legacies received which are allocated by the donor for a particular project or activity.

Unrestricted funds

Unrestricted funds represent funds which are expendable at the discretion of the trustees in the furtherance of the objects of the charity. Such funds may be held in order to finance both working capital and capital investment and include designated funds.

Financial instruments

The C

Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity held for working capital. Any bank overdrafts are shown within borrowing in current liabilities.

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

1. Accounting policies (cont.)

Debtors

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

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. Any impairment loss is recognised in the income and expenditure account.

Creditors, loans and provisions

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

Financial l cancelled or they expire.

Amounts recognised as provisions are best estimates of the consideration required to settle the present obligation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation.

Operating leases

Rentals applicable to operating leases are charged to the Statement of Financial Activities over the period in which the cost is incurred.

Taxation

Learning Partnerships is a registered charity and as such is a charity within the meaning of Schedule 6 of the Finance Act 2010. Accordingly, the Charity is potentially entitled to tax exemption under part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 in respect of income and gains arising.

2. Critical accounting estimates and judgements

In the application of the accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The Trustees are of the opinion that there are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities.

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont..)

3. Donations and gifts

. Donations and gifts
**2022 ** **2021 **
£ £
Unrestricted
Donations 2,492 343
Fundraising 6,353 -
8,845 343
Restricted
Donations 1,150 -
JJ Charitable 5,000 -
Newground Together 520 3,380
Barratt Homes 1,000 -
Lloyds - 8,789
Le Chalet 20 -
Charles Brotherton Trust - 150
Postcode Neighbour 11,684 -
Housing Advisory Panel - 2,700
Sir George Martin Trust 3,000 3,000
Healthy Holidays 17,500 -
- 15,855
School Gardening Project 1,527 -
Arnold Clark 1,000 -
Royal Horticultural Society 2,934 -
Wades Charity - 3,200
Betty Messenger Trust - 1,500
Waitrose Foundation - 330
RERF Funding - 977
Leeds Older People Forum - 1,000
Community Foundation Leeds 1,052 10,000
Persimmon Community Champions - 1,000
46,387 51,881
Total 55,232 52,224

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

4. Gifts in kind

. Gifts in kind
2022 **2021 **
£ £
Avant Homes - Accommodation, office expenses 46,300 46,300

5. Income from charitable activities

Unrestricted Restricted **2022 ** Unrestricted Restricted **2021 **
£ £ £ £ £ £
Stronger Families - 150,573 150,573 - 151,339 151,339
Adult Learning 113,879 - 113,879 39,382 - 39,382
CAF - 142,559 142,559 - - -
CAF 10K Account - 10,000 10,000 - - -
Healthier Working
Futures - 2,717 2,717 - - -
Community
Builder ABCD - 51,000 51,000 - 27,000 27,000
Kick Start - 10,741 10,741 - - -
H Smith Future
Opportunities - 41,550 41,550 - 40,300 40,300
Small Projects - 5,942 5,942 - - -
CLLD New
Opportunities - 68,911 68,911 - 128,994 128,994
Community
Builder Bankside - - - - 27,000 27,000
Big Lottery Fund - - - - 42,642 42,642
CAF Resilience
Fund - - - - 24,018 24,018
113,879 483,993 597,872 39,382 441,293 480,675

6. Trading activity Service delivery

. Trading activity
Service delivery
2022 2021
£ £
Income from service delivery 10,409 5,302
Income from Fundraising 6,353 -
Delivery cost (Including staff costs) (10,038) (15,551)
Fundraising cost (4,009) (69)
Funds generated 2,715 (10,318)

Income was generated through a number of small service delivery activities, delivery of DBS checks for third party organisations and volunteers for schools and from fundraising. All income in the prior year and current year is unrestricted.

7. Investment income

2022 2021
£ £
Interest received 849 595

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022(cont.)

8. Expenditure on charitable activities

Year ended 31 March 2022 Support for Support for 2022
schools families
£ £ £
Direct costs
Staff and other related costs 23,005 415,269 438,274
Delivery costs - 12,357 12,357
23,005 427,626 450,631
Support costs
Staff and other related costs 5,129 138,732 143,861
General office costs 3,396 68,096 71,492
Professional fees 166 3,609 3,775
Liability insurance 192 4,161 4,353
8,883 214,598 223,481
Total 31,888 642,224 674,112
Year ended 31 March 2021 Support for Support for 2021
schools families
£ £ £
Direct costs
Staff and other related costs 23,819 369,500 393,319
Delivery costs 938 46,845 47,783
24,757 416,345 441,102
Support costs
Staff and other related costs 1,715 153,444 155,159
General office costs 2,676 62,705 65,381
Professional fees 108 2,354 2,462
Liability insurance 106 2,304 2,410
4,605 220,807 225,412
Total 29,362 637,152 666,514

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

(cont.)
9. Net income
2022 2021
£ £
The net income is stated after charging:
2,646 2,520
10.
Staff costs
2022 2021
£ £
Salaries 521,527 515,044
Social security costs 38,944 33,918
Pension costs 12,896 12,166
Healthcare costs 1,595 1,389
574,962 562,514

The average number of persons employed by the charity during the year was:

2022 2021
Numbers Numbers
Senior Manager - Part-time 2 2
Administration - -
Administration - Part-time 4 4
Project Staff 10 10
Project Staff
Part-time 12 12
Total 28 28

No members of staff received remuneration in excess of £60,000 (2021: no employees).

None of the Trustees received remuneration, nor were they paid any expenses during the current or previous year.

The key management personnel of the Charity are the Trustees and the Senior Executives. The total employee benefits of the key management personnel of the Charity were £78,507 (2021 - £74,763).

The Charity operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Charity in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £12,896 (2021 - £12,166). Contributions totalling £2,968 (2021 - £2,804) were payable to the fund at the balance sheet date.

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

11. Debtors

2022 2021
£ £
Other debtors 3,140 14,638
Accrued income 48,721 23,257
Prepayments 2,599 2,789
54,460 40,684

12. Creditors Amounts falling due within one year

2022 2021
£ £
Trade creditors 190 523
Other creditors and accruals 25,504 24,103
25,694 24,626

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

13. Movements in Funds

Year End 31 March 2022 At 1 April Income Expenditure Transfers At 31
2021 March
2022
£ £ £ £ £
Unrestricted funds
General funds 128,403 192,749 (237,528) - 83,624
Restricted Funds
Support for disadvantaged young people, adults & families:
2Way Street (other) 9,105 36,197 (27,505) - 17,797
Stronger Families (6,054) 150,573 (135,576) - 8,943
Community Builder 53,297 51,000 (44,410) - 59,887
Garfield Weston 18,494 - (18,494) - -
CLLD New Opportunities 54,846 68,911 (118,887) - 4,870
Kick Start - 10,741 (9,526) - 1,215
H Smith Future
Opportunities 11,863 41,550 (42,887) - 10526
CAF - 142,559 (22,904) - 119,655
CAF 10K Account - 10,000 - - 10,000
Healthier Working
Futures - 2,717 (547) - 2,170
Small Projects - 5,942 (5,942) - -
Support for schools:
Adult Volunteering 23,650 10,690 (24,182) - 10,158
165,201 530,880 (450,860) - 245,221
Total funds 293,604 723,629 (688,388) - 328,845

It is anticipated that funds which are overdrawn at the year-end will receive income and will return to credit balance subsequent to the year end.

The monies transferred from restricted to unrestricted reserves represent the management charges payable under the terms of the specific projects to contribute towards the C

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

13. Movements in Funds (continued)

Year End 31 March 2021 At 1 April Income Expenditure Transfers At 31
2020 March 2021
£ £ £ £ £
Unrestricted funds
General funds 187,508 182,210 (240,493) (822) 128,403
Restricted Funds
Support for disadvantaged young people, adults & families:
2Way Street (other) 1,997 16,007 (14,315) 5,416 9,105
Stronger Families (2,643) 151,339 (140,288) (14,462) (6,054)
Lloyds Bank Foundation 15,169 8,789 (23,958) - -
NatWest Skills &
Opportunities Fund 4,780 - (4,280) (500) -
Community Builder
ABCD 1,956 27,000 (15,881) 324 13,399
Community Builder
Bankside 25,000 27,000 (12,069) (33) 39,898
Garfield Weston 42,554 - (19,777) (4,283) 18,494
CLLD New Opportunities (7,623) 128,994 (77,674) 11,149 54,846
Lowell Fund 6,803 - (5,928) (875) -
H Smith Future
Opportunities 10,133 40,300 (37,178) (1,392) 11,863
Big Lottery Fund - 42,642 (40,171) (2,471) -
CAF Resilience Fund - 24,108 (24,108) - -
Support for schools:
Adult Volunteering 14,720 27,085 (26,104) 7,949 23,650
112,846 493,174 (441,641) 822 165,201
Total funds 300,354 675,384 (682,134) - 293,604

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

14. Analysis of net assets between funds

Year ended 31 March 2022 Net current assets Total
£ £
Restricted funds 245,221 245,221
Unrestrictedfunds 83,624 83,624
Total funds 328,845 328,845
Year ended 31 March 2021 Net current assets Total
£
£
Restricted funds 165,201 165,201
Unrestrictedfunds 128,403 128,403
Total funds 293,604 293,604

15. Financial commitments

At 31 March 2022 the charity had outstanding commitments for future minimum lease payments under noncancellable operating leases, which fall due as follows:

Office equipment
2022 2021
£ £
Less than one year 1,472 1,472
Between two and five years 2,265 3,738
3,737 5,210

16. Related party transactions

There are no related party transactions which require disclosures either in this or the previous financial year.

17. Reconciliation of net movements in funds to net cash flow from operating activities

2022 2021
£ £
Net movement in funds 35,241 (6,750)
Interest received (849) (595)
Decrease in debtors (13,776) 18,820
Increase / (decrease) in creditors 1,068 4,185
21,684 15,660

Learning Partnerships

Notes to the Financial Statements for the year ended 31 March 2022 (cont.)

18. Comparative Statement of Financial Activities (including Income & Expenditure Account) for the year ended 31 March 2021

Unrestricted Restricted March
Funds **Funds ** 2021
£ £ £
Income
Donations and gifts 343 51,881 52,224
Gifts in kind 46,300 - 46,300
Charitable activities 39,382 441,293 480,675
Service delivery 5,302 - 5,302
CJRS Grant Income 90,288 - 90,288
Investments income 595 - 595
Total income 182,210 493,174 675,384
Expenditure
Service delivery 15,014 537 15,551
Fundraising 67 2 69
Charitable activities:
Support for schools 4,605 24,757 29,362
Support for disadvantaged
young people, adults and
families 220,807 416,345 637,152
Total expenditure 240,493 441,641 682,134
Net (expenditure)/income (58,283) 51,533 (6,750)
Transfers between funds (822) 822 -
Net movement in funds (59,105) 52,355 (6,750)
Total funds brought forward 187,508 112,846 300,354
Total funds carried forward 128,403 165,201 293,604