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2023-03-31-accounts

REGISTERED COMPANY NUMBER: 02628224 (England and Wales) REGISTERED CHARITY NUMBER: 1003603

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR LEARNING PARTNERSHIPS

Thomas Coombs Limited Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

LEARNING PARTNERSHIPS

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

Page Page
Reference and administrative details 1
Report of the Trustees 2 to 8
Statement of trustees responsibilities 9
Independent Examiner's Report 10
Statement of Financial Activities 11
Balance Sheet 12
Cash Flow Statement 13
Notes to the Cash Flow Statement 14
Notes to the Financial Statements 15 to 24
Detailed Statement of Financial Activities 25 to 26

LEARNING PARTNERSHIPS

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST MARCH 2023

TRUSTEES T Murray (Chair) D P Chong (appointed 10/1/2023) J J Burton C M L Beech (appointed 6/12/2022) J Clare J H J Hosegood R E Kelly (resigned 31/12/2023) M Tudge A D Warren I K Hunjan (resigned 6/12/2022) SECRETARY M Tudge SENIOR EXECUTIVES C O’Grady (retired 31/3/2023) L Metcalf (resigned June 2022) R Solentini (appointed August 2022) REGISTERED OFFICE The Burton Business Park Hudson Road Leeds LS9 6DJ REGISTERED COMPANY 02628224 (England and Wales) NUMBER

REGISTERED CHARITY NUMBER 1003603

INDEPENDENT EXAMINER Christopher Darwin FCA Thomas Coombs Limited Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB BANKERS Santander Bootle Merseyside L30 4GB

Page 1

LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

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 31st March 2023. 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

Learning Partnerships is a Leeds based educational charity with over 30 years' experience of 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.

We have referred to the public benefit guidance contained in the Charity Commission's general 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:

At Learning Partnerships we want to see "A society where individuals are engaged, inspired and empowered to achieve their true potential." Our vision is to provide those in need with a Learning Sanctuary where they can safely re-engage with themselves and others. We believe that through supporting individuals' wellbeing and learning we can stop the poverty cycle and have a real and sustainable impact on their life.

Our Mission :

To 'reduce deprivation and improve wellbeing in Leeds, by engaging people in a positive way, through the provision of learning, skills and personal development opportunities'.

Our Values :

Our Social Objectives :

Our Business Objectives :

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

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LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

OBJECTIVES AND ACTIVITIES Programmes and Projects

Support for Schools

Let's Read Programme

Improving literacy, improving lives.

The Let's 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 coordination 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. We have been working hard this year to build back up our volunteer teams following the closure of schools during the lockdowns in 2020 and 2021.

Who benefits : Over 120 children across 7 inner-city primary schools benefited from individual reading support this year.

The Charities Aid Foundation (CAF)

We were fortunate enough to be successful in gaining funding in October 2021 from CAF Resilience Fund provided by the Department for Digital, Culture, Media and Sport (DCMS), as part of its Community Match Challenge, and matched by the Covid-19 Support Fund, created by the insurance and long-term savings industry. This funding is to enable organisations to adapt and thrive; to continue to deliver the services that support the needs of beneficiaries whilst also building organisational resilience and it has been a fantastic support for Learning Partnerships.

We supported 50 young people through our Just the Job programme.

We worked in partnership with Leeds City Council to plan and deliver 6 Health & Wellbeing Markets for families to attend from local schools to obtain vital support around debt, housing, health and wellbeing as well as information around training and employment support opportunities. From the local community 617 individuals accessed help from 1 or more of the 30 support services available.

We achieved Cyber Essential Plus and worked with consultants to purchase a CRM system to help us show more clearly the impact of our work.

We worked with consultants to support us with the rebrand of our Charity and revamp of our website, social media and leaflets to align with our rebranding and new colours.

We employed a Corporate Engagement Manager to build on our existing partnerships and create new partnerships with businesses and the community. Our Corporate Engagement Manager has engaged with 40 new businesses.

We launched our Business Club and are now working in partnership with 15 businesses.

We supported over 100 people in the community through our loan/use of 10 MiFi Units.

We held 4 fundraising events.

Who benefits :

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LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

OBJECTIVES AND ACTIVITIES Programmes and Projects

Roots & Shoots

Roots and Shoots 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, selfesteem and confidence.

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

Support for Adults

Adult Learning

Our Adult Learning Programme delivers a range of courses for residents in the Leeds City Region aged 19+ who are unemployed or have a low income. The programmes delivered under this area were, Developing You (Wellbeing and employability programme), English Speakers of Other Languages (ESOL), NHS into Work (support with employability skills to help local residents gain employment in the NHS), and Digital Skills.

From February 2022, we have been proud to be a delivery partner with the One Workforce Partnership, supporting local people into customer service and business admin roles within the Health and Care Sector. Adult Learning is funded through the West Yorkshire Combined Authority on a 3-year funding cycle until July 2025 (reviewed annually). Our Developing You Programme, working closely with the Leeds City Council Employment & Skills Hub, continues to be a success, with 20 courses delivered across the city and online. The programme helps residents improve their confidence, health and wellbeing and supports them in their journey towards further training or employment.

Post Covid has brought our attention to residents requiring improved digital skills and we are pleased to have launched workshop-style computer classes where learners work at their own pace, supported by a tutor to achieve modules from our digital skills curriculum. These courses have supported 40 learners, many of whom have chosen to return to progress onto further modules.

Our ESOL provision continues to be very successful with classes running continuously throughout the year at our base in Harehills and in Bankside Primary School. Over 300 people enrolled on our courses and 92% achieved and progressed to further training or work.

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.

- Asset Based Community Development (ABCD) Community Builder

We received funding from Leeds City Council to continue our Community Builder programme to work with the local community in the Clifton & Nowells area of East Leeds. Through the engagement and motivation of the local people as 'Community Connectors' the Community Builder supports them to bring about positive change in the area.

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

Future Opportunities

The Future Opportunities Programme funded by the Henry Smith Charity offered 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 ended in December 2022, having helped over 140 participants, 59 of whom found work and 43 went onto training of one form or another. Most participants were experiencing additional barriers on top of the very low spoken and written English

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levels. Barriers included debt, finance, settlement/visa problems, poor work history, having young children and housing issues. We were able to address and provide support to resolve a significant amount of those issues.

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

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LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

OBJECTIVES AND ACTIVITIES Programmes and Projects

- New Opportunities Community Led Local Development (CLLD)

Working in partnership with GIPSIL New Opportunities offers intensive 1-1 support targeted at long term unemployed and economically inactive adults from inner East Leeds's most deprived areas to 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 received an extension to complete December 2022 because of the devastating effect Covid 19 had on the project which started 6 months before lockdown. We supported 233 participants with 67 gaining employment and 15 accessing training.

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

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 many 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.

Stronger Families

This programme was funded from June 2017 to January 2023 (extended from August 2021 due to Covid) by the National Lottery (Building Better Opportunities) with match funding from the European Social Fund. Bradford Council was the contract holder with Leeds City Council managing the Leeds provision. Learning Partnerships was sub-contracted to manage 4/5 Key Workers who provided early intervention and support to 391 identified families with the aim of preventing anti-social behaviour, police involvement, possible criminal records and/or children being excluded from school. The programme promoted social inclusion and helped remove possible barriers supporting the families to 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.

FINANCIAL REVIEW

Financial position

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 £559,330 compared with £723,629 in the previous year and expenditure of £672,968 compared with £688,388. This has resulted in a net loss of £113,638 compared to a surplus of £35,241 in the previous period. Restricted and unrestricted funds were £215,207 compared to £328,845 at the start of the current year.

Funding sources

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

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LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

Fundraising

The Charity strives to achieve the highest fundraising standards and it values its supportive funders. The Charity is 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. The Charity's 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.

Investment policy and objectives

Learning Partnerships has a deposit account with Santander Bank to maximise interest receivable. This is an instant access account that is managed by the Finance Manager to ensure good stewardship and the maximum interest.

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 Charity's activities.

Learning Partnerships has a reserves policy that is reviewed on an annual basis. A target level of reserves to be held, based on a risk assessment and a financial forecast. The target level will be reviewed annually as part of the budgeting and planning process and adjusted as necessary to reflect any changes in the Charity’s circumstances, activities and objectives. The target level of reserves for the financial year 2022/23 was £100,000.

- Unrestricted Funds:

The Charity's free reserves total was £176,300 on 31 March 2023.

- Restricted Funds:

The composition and detailed movement of restricted funds is shown in note 18. 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.

Going concern

The trustees consider that there are no material uncertainties about the Charity's ability to continue for a period of not less than 12 months from the date of the approval of the financial statements. Accordingly, the financial statements have been prepared on the going concern basis.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

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 who are also charity trustees for the purpose of charity law and under the company's Articles 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.

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LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

Organisational structure

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

Until June 2022, the day to day running of the organisation was supervised by an executive team of 2. A new CEO was appointed in August 2022 who now has overall oversight of the affairs of the charity and its strategic direction, reporting to the General Council. The CEO is supported by a senior management team.

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.

Remuneration

The pay of the Charity's key management staff is reviewed annually 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.

Risk management

Internal financial controls are in place to safeguard the charity's assets and to provide the directors 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:

The company's Employee Handbook details all the Policies and Procedures, which is issued to all employees and contains guidance on risk assessment.

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.

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LEARNING PARTNERSHIPS

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2023

STRUCTURE, GOVERNANCE AND MANAGEMENT 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.

Learning Partnerships continues 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 February 2022, the organisation gained Cyber Essentials Certification Plus, certifying its compliance to the requirements of the Cyber Essentials Plus Scheme.

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 30[th] January 2024 and signed on the board's behalf by:

Martin Tudge Trustee

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LEARNING PARTNERSHIPS

STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 31ST MARCH 2023

STATEMENT OF TRUSTEES' RESPONSIBILITIES

The trustees (who are also the directors of Learning Partnerships for the purposes of company law) are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees 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 of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF LEARNING PARTNERSHIPS

Independent examiner's report to the trustees of Learning Partnerships ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31st March 2023.

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.

Christopher Darwin FCA The Institute of Chartered Accountants in England and Wales

Thomas Coombs Limited Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB

Date: 30[th] January 2024

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LEARNING PARTNERSHIPS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations, grants and legacies
3
Charitable activities
6
Support for disadvantaged young people,
adults and families
Organisational Development
Other trading activities
4
Investment income
5
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Support for schools
Support for disadvantaged young people,
adults and families
Organisational Development
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
NET INCOME/(EXPENDITURE) AFTER
TRANSFERS
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
Restricted
fund
funds
£
£
50,509
21,072
233,882
181,991
-
47,520
19,209
-
5,147
-
308,747
250,583
8,519
2,319
8,260
33,333
224,292
218,795
-
177,450
241,071
431,897
67,676
(181,314)
25,000
(25,000)
92,676
(206,314)
83,624
245,221
176,300
38,907		 2023
Total
funds
£
71,581
415,873
47,520
19,209
5,147
559,330
10,838
41,593
443,087
177,450
672,968
(113,638)
-
(113,638)
328,845
215,207		 2022
Total
funds
£
108,146
445,313
152,559
16,762
849
723,629
14,276
31,888
619,320
22,904
688,388
35,241
-
82,701
293,604
328,845

The notes form part of these financial statements

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LEARNING PARTNERSHIPS

BALANCE SHEET 31ST MARCH 2023

Unrestricted
Restricted
fund
funds
Notes
£
£
CURRENT ASSETS
Debtors
15
59,527
-
Cash at bank and in hand
136,826
39,182
196,353
39,182
CREDITORS
Amounts falling due within one year
16
(20,053)
(275)
NET CURRENT ASSETS
176,300
38,907
TOTAL ASSETS LESS CURRENT LIABILITIES
176,300
38,907
NET ASSETS
176,300
38,907
FUNDS
18
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2023
Total
funds
£
59,527
176,008
235,535
(20,328)
215,207
215,207
215,207
176,300
38,907
215,207		 2022
Total
funds
£
54,460
300,079
354,539
(25,694)
328,845
328,845
328,845
83,624
245,221
328,845

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The financial statements were approved by the Board of Trustees and authorised for issue on 30[th] January 2024 and were signed on its behalf by:

T Murray Trustee

The notes form part of these financial statements

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LEARNING PARTNERSHIPS

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2023

Notes
Cash fows from operating activities
Cash generated from operations
1
Net cash (used in)/provided by operating activities
Cash fows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash
equivalents in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period		 2023
£
(129,218)
(129,218)
5,147
5,147
(124,071)
300,079
176,008		 2022
£
21,684
21,684
849
849
22,533
277,546
300,079

The notes form part of these financial statements

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LEARNING PARTNERSHIPS

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2023

1. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net (expenditure)/income for the reporting period (as per
the Statement of Financial Activities)
Adjustments for:
Interest received
Increase in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations		 2023
£
(113,638)
(5,147)
(5,067)
(5,366)
(129,218)		 2022
£
35,241
(849)
(13,776)
1,068
21,684

2. ANALYSIS OF CHANGES IN NET FUNDS

At 1/4/22
Cash fow
At
£
£
Net cash
Cash at bank and in hand
300,079
(124,071)
300,079
(124,071)
Total
300,079
(124,071)		 31/3/23
£
176,008
176,008
176,008

The notes form part of these financial statements

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LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

1. GENERAL INFORMATION

Learning Partnerships is a charitable company limited by guarantee, incorporated in England and Wales. The registered office is The Burton Business Park, Hudson Road, Leeds LS9 6DJ.

The members of the charitable company are the Trustees named on page 1. In the event of the charitable company being wound up, the liability in respect of the guarantee is limited to £10 per member of the charitable company.

2. 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.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the charities 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.

Going concern

The trustees consider that there are no material uncertainties about the Charity's ability to continue for a period of not less than 12 months from the date of the approval of the financial statements. Accordingly the financial statements have been prepared on the going concern basis.

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.

Grants are included in the Statement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

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

Donations are recognised in income when they become receivable.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.

continued...

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Expenditure on charitable activities is incurred on directly undertaking the activities which further the company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

continued...

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LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued

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.

Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

Debtors and creditors receivable/ payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

Operating leases

Rentals payable under operating leases are charged to the SOFA on a straight line basis over the period of the lease.

Pension contributions

The charity operates a defined pension contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Liabilities and provisions

Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

3. DONATIONS, GRANTS AND LEGACIES

Donations
Gifts in kind
Government grants
Grants received, included in the above, are as follows:
CJRS Grant		 2023
£
25,281
46,300
-
71,581
2023
£
-		 2022
£
49,379
46,300
12,467
108,146
2022
£
12,467

continued...

Page 16

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LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

4.
OTHER TRADING ACTIVITIES
Fundraising events
Service delivery
5.
INVESTMENT INCOME
Deposit account interest
6.
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Support for disadvantaged young
people, adults and families
Grants
Organisational Development
Grants received, included in the above, are as follows:
Adult Learning
Stronger Families
CAF
CAF 10K Account
Healthier Working Futures
ABCD Community Builder
Kick Start
H Smith Future Opportunities
CLLD New Opportunities
Household Support Fund
Warm Spaces
Small Projects		 2023
£
7,967
11,242
19,209
2023
£
5,147
2023
£
415,873
47,520
463,393
2023
£
233,882
97,107
47,520
-
4,021
25,500
2,245
21,100
21,818
8,700
1,500
-
463,393		 2022
£
6,353
10,409
16,762
2022
£
849
2022
£
445,313
152,559
597,872
2022
£
113,879
150,573
142,559
10,000
2,717
51,000
10,741
41,550
68,911
-
-
5,942
597,872

continued...

Page 17

LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

7. RAISING FUNDS

Other trading activities

2023
£
Staf costs
6,568
Service Delivery Costs
4,270
Management fees
-
10,838
CHARITABLE ACTIVITIES COSTS
Direct
Support
Costs (see
costs (see
note 9)
note 10)
£
£
Support for schools
32,823
8,770
Support for disadvantaged young
people, adults and families
276,493
166,594
Organisational Development
177,450
-
486,766
175,364
DIRECT COSTS OF CHARITABLE ACTIVITIES
2023
£
Staf costs
405,644
Staf expenses
1,227
Project costs
78,933
Postage and stationery
962
486,766		 2022
£
10,265
4,011
-
14,276
Totals
£
41,593
443,087
177,450
662,130
2022
£
424,227
3,054
47,018
4,536
478,835

8. CHARITABLE ACTIVITIES COSTS

9. DIRECT COSTS OF CHARITABLE ACTIVITIES

10. SUPPORT COSTS

SUPPORT COSTS
Governance
Management
costs
Totals
£ £ £
Support for schools 8,581 189 8,770
Support for disadvantaged young
people, adults and families 163,008 3,586 166,594
171,589 3,775 175,364

continued...

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LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

10. SUPPORT COSTS - continued

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

2023 2023 2022
Support
for
disadvantaged
young
people,
Support adults
for and Total Total
schools families activities activities
£ £ £ £
Salary costs 4,066 85,231 89,297 109,281
Rates and water 220 4,180 4,400 -
Insurance 211 3,996 4,207 4,455
Staf expenses 461 784 1,245 502
Recruitment 124 2,343 2,467 1,202
Premises expenses 3,447 65,480 68,927 71,407
Sundries 52 994 1,046 4,566
Independent examination fees 189 3,586 3,775 3,864
8,770 166,594 175,364 195,277

11. NET INCOME/(EXPENDITURE)

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

2023 2022
£ £
Independent examination fees 3,775 3,864
Operating lease expenditure 1,472 1,472

12. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st March 2023 nor for the year ended 31st March 2022.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31st March 2023 nor for the year ended 31st March 2022.

continued...

Page 19

LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

13. STAFF COSTS

Salaries
Social security costs
Pension costs
Healthcare cost		 2023
2022
£
£
453,343
521,527
36,584
38,944
11,296
12,896
286
1,595
501,509
574,962

The charity considers its key management personnel (in addition to the board of trustees) to be the Chief Executive and the Senior Executives. The total employment costs to the Charity of the key management personnel was £88,345 (2022: £78,507).

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

Senior Manager
Senior Manager - Part-time
Administration - Part-time
Project Staf
Project Staf - Part-time		 2023

1
2
3
6
12
24		 2022
-
2
4
10
12
28

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

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

INCOME AND ENDOWMENTS FROM
Donations, grants and legacies
Charitable activities
Support for disadvantaged young
people, adults and families
Organisational Development
Other trading activities
Investment income
Total
EXPENDITURE ON
Raising funds
Charitable activities
Support for schools
Support for disadvantaged young
people, adults and families
Organisational Development
Total		 Restricted
fund
funds
£
£
61,259
46,887
113,879
331,434
-
152,559
16,762
-
849
-
192,749
530,880
14,047
229
8,883
23,005
214,598
404,722
-
22,904
237,528
450,860		 Total
funds
£
108,146
445,313
152,559
16,762
849
723,629
14,276
31,888
619,320
22,904
688,388

continued...

Page 20

LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted

Restricted
fund
funds
£
£
NET INCOME/(EXPENDITURE)
(44,779)
80,020
RECONCILIATION OF FUNDS
Total funds brought forward
128,403
165,201
TOTAL FUNDS CARRIED FORWARD
83,624
245,221
15.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023

£
Debtors in the ordinary course
of activities
2,512
Prepayments and accrued income
57,015
59,527
16.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023

£
Creditors in the ordinary course of activities
3,579
Other creditors
11,043
Accruals and deferred income
5,706
20,328		 Total
funds
£
35,241
293,604
328,845
2022
£
3,140
51,320
54,460
2022
£
190
12,116
13,388
25,694

17. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2023 2022
£ £
Within one year 1,472 1,472
Between one and fve years 793 2,265
2,265 3,737

continued...

Page 21

LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

18. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
Net
movement At
At 1/4/22 in funds 31/3/23
£ £ £
Unrestricted funds
General fund 83,624 92,676 176,300
Restricted funds
Roots and Shoots 17,797 (13,488) 4,309
CAF 119,655 (119,930) (275)
CAF 10K Account 10,000 (10,000) -
CLLD New Opportunities 4,870 (4,870) -
ABCD Community Builder 59,887 (36,814) 23,073
H Smith Future Opportunities 10,526 (10,526) -
Healthier Working Futures 2,170 (2,170) -
Household Support Fund - 1,234 1,234
Kickstart 1,215 (1,215) -
Stronger Families 8,943 (8,943) -
Adult Volunteering 10,158 (1,092) 9,066
Warm Spaces - 1,500 1,500
245,221 (206,314) 38,907
TOTAL FUNDS 328,845 (113,638) 215,207

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

Unrestricted funds
Free charitable reserve
Restricted funds
Roots and Shoots
CAF
CAF 10K Account
CLLD New Opportunities
ABCD Community Builder
H Smith Future Opportunities
Healthier Working Futures
Household Support Fund
Kickstart
Stronger Families
Adult Volunteering
Warm Spaces
TOTAL FUNDS		 Incoming
resources
£
308,747
4,270
47,520
-
21,818
25,500
21,100
4,021
8,700
2,245
97,107
16,802
1,500
250,583
559,330		 Transfers
Resources
between
Movement
expended
funds
in funds
£
£
£
(241,071)
25,000
92,676
(17,758)
-
(13,488)
(167,450)
-
(119,930)
(10,000)
-
(10,000)
(26,688)
-
(4,870)
(37,314)
(25,000)
(36,814)
(31,626)
-
(10,526)
(6,191)
-
(2,170)
(7,466)
-
1,234
(3,460)
-
(1,215)
(106,050)
-
(8,943)
(17,894)
-
(1,092)
-
-
1,500
(431,897)
(25,000)
(206,314)
(672,968)
-
113,638

Transfers between funds reflect a correction to restricted funds after income had been incorrectly allocated in a prior period.

continued...

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LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

18. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Net
movement At
At 1/4/21 in funds 31/3/22
£ £ £
Unrestricted funds
General fund 128,403 (44,779) 83,624
Restricted funds
Roots and Shoots 9,105 8,692 17,797
CAF - 119,655 119,655
CAF 10K Account - 10,000 10,000
CLLD New Opportunities 54,846 (49,976) 4,870
ABCD Community Builder 53,297 6,590 59,887
H Smith Future Opportunities 11,863 (1,337) 10,526
Healthier Working Futures - 2,170 2,170
Kickstart - 1,215 1,215
Stronger Families (6,054) 14,997 8,943
Adult Volunteering 23,650 (13,492) 10,158
Garfeld Weston 18,494 (18,494) -
165,201 80,020 245,221
TOTAL FUNDS 293,604 35,241 328,845

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

Incoming Incoming Resources Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 192,749 (237,528) (44,779)
Restricted funds
Roots and Shoots 36,197 (27,505) 8,692
CAF 142,559 (22,904) 119,655
CAF 10K Account 10,000 - 10,000
CLLD New Opportunities 68,911 (118,887) (49,976)
ABCD Community Builder 51,000 (44,410) 6,590
H Smith Future Opportunities 41,550 (42,887) (1,337)
Healthier Working Futures 2,717 (547) 2,170
Kickstart 10,741 (9,526) 1,215
Stronger Families 150,573 (135,576) 14,997
Adult Volunteering 10,690 (24,182) (13,492)
Garfeld Weston - (18,494) (18,494)
Small Projects 5,942 (5,942) -
530,880 (450,860) 80,020
TOTAL FUNDS 723,629 (688,388) 35,241

continued...

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LEARNING PARTNERSHIPS

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2023

18. MOVEMENT IN FUNDS - continued

ABCD Community Working with the local community as community connectors to bring Builder about positive change. Healthier Working Working with young people aged 16 to 25 living in Leeds to consider a Futures career in healthcare. Stronger Families Supporting unemployed adults who have a dependant child to progress into learning or employment. CLLD New Opportunities Intensive targeted 1-1 support targeted at long term unemployed and economically inactive adults. Future Opportunities Working with unemployed BAME adults in Leeds Whose first language is not English. Roots and Shoots Working with schools and residents to deliver healthy eating campaigns. Lets Read Individual support for disadvantaged children to help them attain literacy and language skills. CAF Organisational development for the charity.

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.

19. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31st March 2023.

20. PENSION SCHEME

The company contributes to defined contribution pension schemes. The pension cost charged for the year represents contributions payable by the group to the schemes and amounted to £11,296 (2022: £12,896).

There were outstanding contributions payable to the schemes as at 31st March 2023 of £3,286 (2022: £2,968).

Page 24

LEARNING PARTNERSHIPS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

2023 2022
£ £
INCOME AND ENDOWMENTS
Donations, grants and legacies
Donations 25,281 49,379
Gifts in kind 46,300 46,300
Government grants - 12,467
71,581 108,146
Other trading activities
Fundraising events 7,967 6,353
Service delivery 11,242 10,409
19,209 16,762
Investment income
Deposit account interest 5,147 849
Charitable activities
Grants 463,393 597,872
Total incoming resources 559,330 723,629
EXPENDITURE
Other trading activities
Salary costs 6,568 10,265
Service Delivery Costs 4,270 4,011
10,838 14,276
Charitable activities
Salary costs 405,644 424,227
Staf expenses 1,227 3,054
Project costs 78,933 47,018
Postage and stationery 962 4,536
486,766 478,835
Support costs
Management
Salary costs 89,297 109,281
Rates and water 4,400 -
Insurance 4,207 4,455
Staf expenses 1,245 502
Recruitment 2,467 1,202
Premises expenses 68,927 71,407
Carried forward 170,543 186,847

This page does not form part of the statutory financial statements

Page 25

LEARNING PARTNERSHIPS

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2023

2023 2022
£ £
Management
Brought forward 170,543 186,847
Sundries 1,046 4,566
171,589 191,413
Governance costs
Independent examination fees 3,775 3,864
Total resources expended 672,968 688,388
Net (expenditure)/income (113,638) 35,241

This page does not form part of the statutory financial statements

Page 26