## **Haltwhistle Partnership Limited**
## **Financial Statements for the year ending 31[st] March 2021**
Company Registration Number 3324145 Charity Number 1062486
## **Haltwhistle Partnership Limited**
## **Financial Statements for the year ending 31[st] March 2021**
## **Contents**
|**Contents**||
|---|---|
||**Page**|
|Members of the board and professional advisors|1|
|Chairman’s statement|2-4|
|Trustees Annual Report|5-7|
|Independent examiners report|8|
|Statement of Financial Activities|9|
|Balance Sheet|10|
|Notes to the financial statements|11-15|
|Detailed statement of financial activities|16|
**Haltwhistle Partnership Limited**
## **Members of the board and professional advisors**
|**Registered Office**|Westbourne House|
|---|---|
||Main Street|
||Haltwhistle|
||NE49 0AZ|
|**Trustees**|Mr. M Bell|
||Mr. J Clark|
||Cllr. J Elliott|
||Mrs. J Gibbon|
||Mrs. V Gibson|
||Cllr. I Hutchinson|
||Mrs. L Ogle|
||Dr. G.Ridley|
||Mr. J Scott|
||Cllr. A Sharp|
||Cllr. T Teasdale|
||Mr. L Thompson|
||Mrs. R Wood|
|**Secretary**|Miss E Walton|
|**Independent Examiner**|Mr Giles Storey|
||The Books Accountants Ltd|
||Westbourne House|
||Main Street|
||Haltwhistle|
||NE49 0AZ|
|**Bankers**|Unity Trust Bank PLC|
||Nine Bridleyplace|
||Birmingham|
||B1 2HB|
||Cumberland Building Society|
||Cumberland House|
||Castle Street|
||Carlisle|
||CA3 8RX|
|**Solicitor**|Cartmell Shepherd|
||Main Street|
||Haltwhistle|
||NE49 9AB|
1
## **Annual Report 2021**
The Partnership’s mission is to strive for a vibrant and sustainable community, through collaborative action to manage change for the benefit of local people. It recognises that change is inevitable and seeks to be proactive in managing this change so that opportunities and benefits are maximised, and risks and threats are minimised.
With respect to core funding, the Partnership is very grateful to the ongoing commitment from Haltwhistle Town Council in supporting the regeneration and enabling role of the Partnership and its continued support for our older people’s project. Financial sustainability remains a central operational priority for the Partnership and the trustees have continued to minimise outgoings to this effect. The diversification of income through property rentals has enabled the Partnership to generate a firm financial base to continue to deliver on key priorities.
The year 2020-21 has been dominated by the impact of the covid-19 pandemic. The Partnership quickly moved to a remote working basis as far as possible and adjusted activities to operate within government guidelines at all times. Projects have focussed on the following:
## **Work with Older People**
Our Older People’s project is a flagship for the Partnership providing greatly needed support and social opportunities for older people from the local area. The monthly luncheon club and weekly drop-in were forced to close their doors for most of the year with the Partnership striving to ensure support was available where needed. This was achieved by regular contact by phone and outdoor networking and additional activities including the delivery of over 150 prepared meals at Christmas to project participants funded through Community Action Northumberland’s Warm Hubs scheme and activity packs provided by Age Concern.
## **Community Garden**
The volunteer gardeners also ceased to be able to operate for much of the year, although were able to commence activities when lockdown restrictions were eased. When possible, the community gardeners worked on the community garden at the rear of Westbourne House, and also various tubs and beds around the town. These areas are both a credit to the town and the volunteers.
## **Young and Sweet**
Young and Sweet Youth Club continue to deliver independently, as a separate charity. They became independent in October 2013, but the Partnership continues to have close links and support the organisation.
During the year, the partnership continued to progress the transfer of the Hillside building to Young and Sweet to enable further development of the services available. The transfer was initiated following agreement from Northumberland County Council.
## **ZigZag Days Project**
The very successful ZigZag days project has been running since 2017 with funding currently being secured on an annual basis. The project targets people who feel isolated due to disability, unemployment, mental health or other issues and offers friendship and trips to visit local beauty spots, sites of cultural or historical significance and other places of interest in the area.
During 2020 trips had to be curtailed due to the pandemic. However, small groups of participants have been able to come together at various times throughout the year as permitted within government regulation and guidelines.
2
## **Community Energy Project Feasibility**
The Partnership supported the Haltwhistle Swimming & Leisure Centre to access funding to explore the feasibility of extracting heat from mine water beneath Haltwhistle to heat the pool and adjacent properties and to assess the potential for hydro and solar powered generation. The Partnership successfully project managed the feasibility study which commenced in February 2020 and was completed in March 2021. Based on the findings, the Partnership agreed to progress additional funding applications to further develop the recommendations from the study.
## **Haltwhistle Karbon Community Fund**
Following a community appraisal carried out by Karbon Homes in 2019, agreement was reached to jointly operate a community fund to help build on the appraisal findings through a series of potential local project activities. Karbon agreed that the Partnership manage the fund over a 2-year period. A steering group was established made up of a range of local stakeholders and residents and, although delayed by the pandemic, the fund opened for applications in 2020 with initial grants being awarded to eligible local projects.
## **Our Future Places and Journeys Project**
Haltwhistle was chosen as one of 3 towns in England to take part in a pilot project being run by the Royal College of Art and the Transport Planning Society. The aim of the project was to help communities reimagine the places where they live and journeys they make. Local people of all ages engaged with the project via questionnaires, online events and phone calls and the outcome was presented via a report that shared the values, likes, dislikes, thoughts and ideas of those contributing in a creative rather than a statistical manner. More details can be accessed via the Partnership’s website under Current Projects.
## **Zero Waste Shop Proposal**
Consultation carried out with respect to the establishment of a potential ‘zero waste’ shop in Haltwhistle demonstrated a good level of local support. The project will be developed though a separate Community Interest Company but was paused during 2020 due to the covid-19 pandemic.
## **Library Building Feasibility**
Agreement was reached with Northumberland County Council to undertake feasibility into alternative models of operation of the current library building as a mechanism to underpin the continued operation of a successful library service in the town and to create a sustainable community hub. The feasibility study was substantially completed during the year with a final report anticipated in 2021.
## **Property**
As a Development Trust, a key feature of our work is to utilise the property we own to improve the economic, social and community provision within the town. These assets provide an additional income stream to enable us to continue with our core activities.
## **Hardware House**
Hardware House comprises a ground floor retail unit with 5 residential flats on the 2 floors above and behind. The retail unit continues to be let to the Centre of Britain Army Surplus Store. Of the 5 flats, all have been continuously let throughout the year.
3
## **Westbourne House**
Westbourne House comprises 2 ground floor retail units together with 4 small offices and a former training room to the upper two floors. One of the ground floor units has continued to be occupied by the Partnership as a one stop shop facility for local people and visitors alike. We normally offer information, advice and guidance on a wide range of subjects helping job seekers, walkers, cyclists, web-surfers and older residents. This activity was curtailed during the pandemic. The second retail space is let to a local business, the Pillar Box Café. Until September 2020, 3 of the upper floor offices together with the former Training Room continued to be let to a local business. Following their departure to larger premises in the town, the Partnership secured funding to explore the potential conversion of the upper floors to residential units. This feasibility will be completed in 2021. In the meantime, offices will continue to be let as demand emerges.
## **Water Tower**
The Partnership’s Water Tower, a Grade 2 listed building on the station yard at the railway station, continued to be rented to a local business in order to facilitate their further development.
Many thanks are extended to all our funders without whom we would not have been able to deliver our projects. Thanks to the board of Trustees for their continued enthusiasm and effort, to the volunteers and staff for their ongoing work and commitment to the Partnership.
The Partnership remains focussed on maintaining financial viability into the future, maintaining its assets to a high level and maximising occupancy as far as possible. Financial stability in recent years has enabled the Partnership to look at its future strategy and develop a new Action Plan which was formally launched in September 2019. Whilst maintaining a strong core function, the plan promotes partnership working and support for initiatives to bring benefit to our local communities.
4
## **Haltwhistle Partnership Limited**
## **Trustees’ Annual report for the year ending 31[st] March 2021**
The trustees, who are also directors for the purpose of company law, present their report and the unaudited financial statements of the charity for the year ending 31[st] March 2021
## **The Trustees**
## **The trustees who served the charity during the period were as follows:**
|**Name**|**Date**|**Date**|**Date**|**Date**|
|---|---|---|---|---|
|||||**Resigned**|
||**Joined**|**Resigned**|**Re-Joined**||
|Mr M Bell|06.09.17|14.10.20|14.10.20||
|Mr J Clark|11.09.19|14.10.20|14.10.20||
|Cllr J Elliott|25.10.19||||
|Mrs J Gibbon|11.09.19||||
|Cllr V Gibson|11.09.19||||
|Cllr I Hutchinson|12.09.18||||
|Mrs L Ogle|06.09.17|14.10.20|14.10.20||
|Dr G Ridley|12.09.18||||
|Mr J Scott|28.03.18|14.10.20|14.10.20||
|Cllr A Sharp|07.09.16||||
|Cllr T Teasdale|07.09.16||||
|Mr LJ Thompson|12.09.18|11.09.19|14.10.20||
|Mrs R Wood|06.09.17|14.10.20|14.10.20||
5
## **Structure, Governance and Management**
## **Governing Document**
The charity (Registration number 1062486) was incorporated on 25[th] February 1997 as a company limited by guarantee (registered number 3324145)
## **Organisational Structure**
The charity and its property is administered and managed by the executive committee which consists of 14 members.
All the appointed trustees will serve three years and a third will resign each year by rotation. The trustees appointed from the floor at the AGM serve for a period of one year. On resignation the person is eligible for re-election at the AGM if they so wish.
## **Responsibilities of the Trustees**
Company law requires the Management Committee to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charitable company as at the balance sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial year. In preparing those financial statements, the management committee should follow best practice and:
select suitable accounting policies and then apply them consistently; make judgments and estimates that are reasonable and prudent; and prepare the financial statements on the going concern basis unless it is not appropriate to assume that the company will continue on that basis.
The Management Committee is responsible for maintaining 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. The Management Committee is 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.
## **Trustee Recruitment, Induction and Training**
The executive committee shall consist of 14 members and are to be appointed as follows:
Two members elected at the AGM Three members appointed by Haltwhistle Town Council One member from each of the following organisations:~
Northumberland County Council Haltwhistle Tourism Association Haltwhistle Chamber of Trade Churches Together in Haltwhistle
A representative from each of the three hinterland areas as defined as follows: West Tyne Area ~ Coanwood, Hartleyburn,Plenmeller with Whitfield,Knarsdale with Kirkhaugh and Featherstone Parishes. East Area ~ Henshaw, Bardon Mill and Melkridge Parishes West Area ~ Greenhead and Thirlwall Parishes
6
Two Members Not Appointed/Representing any Organisation
If the aforementioned organisation or their successors in title are unable to nominate a member then the Partnership Board can co-opt a trustee in place of the nomination for the ensuing year. The co-option will be for one year only. The nominating organisation will retain the right to nominate a trustee for the following year, but will lose the right to nominate a trustee for the current year once the Board has exercised its’ right of co-option. When exercising its right of co-option the board will take note of the activities of the nominating body but is not bound by this proviso when making a co-option.
## **Objectives and Activities**
The principle activities of the charity are the support or promotion of any other charitable purpose for the relief of poverty, the advancement of education (including vocational training), the advancement of religion or any other charitable purpose for the benefit of the community of Haltwhistle and surrounding area.
7
## **Haltwhistle Partnership Limited Independent Examiners Report**
I report on the accounts of the company for the year ended 31[st] March 2021, which are set out on pages 9 to 16.
## **Respective responsibilities of trustees and examiner**
The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under company law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.
## Independent examiner's statement
In connection with my examination, no material matters have come to my attention which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.
- 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.
Mr Giles Storey FCA The Books Accountants Limited Westbourne House Main Street Haltwhistle NE49 0AZ
## **Independent Examiner**
Mr Giles Storey has been appointed as independent examiner for the year.
Signed on behalf of the trustees
…………………………..
8
## **Haltwhistle Partnership Ltd Company Registration Number 3324145**
## **Statement of financial activities for the year ending 31st March 2021**
|Note
**Incoming resources**
Incoming resources from
generating funds:
Voluntary income
Activities for generating funds
2
Investment income
Incoming resources from
charitable activities
3
**Resources expended**
Cost of generating funds
Voluntary
4
Charitable activities
4/5/6
Governance costs
7
**Total resources expended**
Net incoming resources before transfers
Transfer between funds
**Net income for the year**
Total funds brought forward
Total funds carried forward|Unrestricted
funds
Restricted
funds
Total funds
2021
£
£
£
0
1,510
1,510
31,220
19,668
50,888
456
0
456
12,000
22,932
34,932
43,676
44,110
87,786
0
5,522
5,522
57,743
15,748
73,491
1,125
0
1,125
58,868
21,270
80,138
22,840
7,648
-44,593
0
-21,753
7,648
-15,192
44,593
29,401
55,181
719,818
774,999
84,582
698,065
782,647|_Total funds_
_2020_
_£_
_7,326_
_46,815_
_458_
_146,770_
_201,369_
_4,949_
_70,444_
_1,025_
_76,418_
_124,751_
_0_
_124,751_
_650,248_
_774,999_|
|---|---|---|
9
## **Haltwhistle Partnership Ltd Company Registration Number 3324145**
## **Balance sheet as at 31st March 2021**
|Note
£
£
**Fixed Assets**
Tangible assets
8
551,279
**Current Assets**
Debtors
9
1,183
Cash at bank
233,176
234,359
**Creditors : amounts falling due**
within one year
10
2,991
**Net current assets**
231,368
**Total assets less current liabilities**
782,647
**Funds**
Restricted funds
11
698,066
Unrestricted Funds
12
84,581
**Total Funds**
782,647
2021|_£_
_£_
_566,576_
_82,314_
_129,848_
_212,162_
_3,739_
_208,423_
_774,999_
_719,818_
_55,181_
_774,999_
_2020_|
|---|---|
10
**Haltwhistle Partnership Ltd Company Registration Number 3324145**
## **Notes to the financial statements for the year ending 31st March 2021**
## 1 **Accounting Policies**
## Fund accounting
General funds are unrestricted funds which are available for the use at the discretion of the trustees in furtherance of the general objectives of the charity and have not been designated for any other purpose.
Restricted funds are funds that are to be used in accordance with specific restrictions imposed by donors. The aim and use of each fund is set out in the notes to the financial statements
## Income
All incoming resources in the form of cash have been included in income.
Donations and grants are credited to the income and expenditure account on a receipts basis, gross of income tax where applicable.
Gifts in kind have been shown separately in the statement of financial activities and capitalised in the balance sheet at the estimated value to the charity.
## 2 **Incoming resources from activities for generating funds**
|Other income
Rental income|Unrestricted
funds
Restricted
funds
Total funds
2021
£
£
£
9,551
0
9,551
21,669
19,668
41,337
31,220
19,668
50,888|_Total funds_
_2020_
_£_
_4,892_
_41,923_
_46,815_|
|---|---|---|
## 3 **Incoming resources from charitable activities**
|Grants
Awards for all
Haltwhistle Town Council
Karbon Homes
Northumberland County Council
Total Grants less than £5,000
Total|Unrestricted
funds
Restricted
funds
Total funds
2021
£
£
£
0
0
0
2,000
6,000
8,000
0
0
0
10,000
4,549
14,549
12,000
10,549
22,549
12,383
12,383
12,000
22,932
34,932|_Total funds_
_2020_
_£_
8,675
8,000
80,000
45,000
141,675
5,095
146,770|
|---|---|---|
11
**Haltwhistle Partnership Ltd**
**Company Registration Number 3324145**
## **Notes to the financial statements for the year ending 31st March 2021**
## **4 Costs of charitable activities by fund type**
|Unrestricted
funds
Restricted
funds
Total funds
2021
£
£
£
Directly allocated and support costs
Staff costs
8,395
5,522
13,917
Project expenditure
26,326
5,279
31,605
Premises
8,710
1,750
10,460
Office costs
735
200
935
Hospitality
0
2,218
2,218
Sundry expenses
202
116
318
Professional Fees
525
0
525
Bank charges
72
0
72
Depreciation of fixed assets
11,320
3,977
15,297
Grants paid
1,458
2,207
3,665
57,743
21,270
79,013
**5 Net incoming resourcesfor the year**
This is stated after charging:
2021
_2020_
£
_£_
Depreciation
15,297
_15,315_
**6 Staff costs and emoluments**
Wages and salaries
13,917
_13,363_
Social security costs
0
0
13,917
13,363
**7 Governance costs**
Unrestricted
funds
Restricted
funds
Total funds
2021
£
£
£
Accountancy and independent examiners fe
1,125
0
1,125
1,125
0
1,125|_2020_
_£_
_13,363_
_24,699_
_14,158_
_1,267_
_2,255_
_619_
_345_
_72_
_15,315_
_3,300_
_75,393_
_Total funds_
_2020_
_£_
_1,125_
1,125|
|---|---|
12
**Haltwhistle Partnership Ltd Company Registration Number 3324145**
## **Notes to the financial statements for the year ending 31st March 2021**
## **8 Tangible fixed assets**
|Cost
At 1st April 2020
Additions
At 31st March 2021
Depreciation
At 1st April 2020
Charge for year
At 31st March 2021
Net Book Value
At 31st March 2020
At 31st March 2021
**9 Debtors**
Trade Debtors
Prepayments
**10 Creditors**
VAT
Bond Deposits held
Trade Creditors
Accruals|Freehold
Property
Property
improvement
s
Fixtures and
fittings
Water Tower
Total
£
£
£
£
350,428
385,930
101,952
25,000
863,310
0
350,428
385,930
101,952
25,000
863,310
103,879
80,754
101,601
10,500
266,082
7,008
7,719
70
500
15,297
110,887
88,473
101,671
11,000
312,031
246,549
305,176
351
14,500
566,576
239,541
297,457
281
14,000
551,279
2021
2020
£
£
0
81,171
1,183
1,143
1,183
82,314
2021
2020
£
£
867
989
1000
1625
0
0
1124
1125
2,991
3,739|
|---|---|
13
**Haltwhistle Partnership Ltd Company Registration Number 3324145**
## **Notes to the financial statements for the year ending 31st March 2021**
## **11 Restricted Income Funds**
|||Balance at|Incoming|Outgoing|Transfers|Balance|at 31st|
|---|---|---|---|---|---|---|---|
|||1st April|Resources|Resources||March|2021|
|||2020||||||
|||£|£|£|£|£||
||Westbourne House|111,706|0|3,175|0|108,531||
||Healthy Initiatives|12,646|10,928|9,339|2,226||16,461|
||Social Enterprise|477,404|32,001|2,711|-50,760|455,934||
||Long Term Maintenance|2,500|0|0|4,175||6,675|
||History Society|708|0|500|-10||198|
||Strategic Development|25,000|0|0|0||25,000|
||Karbon Homes|80,000|0|1,992|0||78,008|
||Volunteering|2,041|0|30|-224||1,787|
||ZigZag|7,813|1,181|3,522|0||5,472|
|||719,818|44,110|21,269|-44,593|698,066||
|**12 **|**Unrestricted Income Funds**
Balance at
1st April
2020
£
Staffing
15,718
Reserves
30,000
General Funds
9,463||Incoming
Resources
£
1,776
0
41,900|Outgoing
resources
£
0
0
58,869|Transfers
£
-15,583
5,512
54,664|Balance
March
£|at 31st
2021
1,911
35,512
47,158|
|||55,181|43,676|58,869|44,593||84,581|
14
**Haltwhistle Partnership Ltd Company Registration Number 3324145**
## **Notes to the financial statements for the year ending 31st March 2021**
|**13 **|**Analysis of net assets between**|**funds**||||
|---|---|---|---|---|---|
|||Tangible fixed||Net current|Total|
||||assets|assets||
||**Restricted Funds**||£|£|£|
||Westbourne House||108,531|0|108,531|
||Healthy Initiatives||0|16,461|16,461|
||Social Enterprise||420,546|35,388|455,934|
||Long Term Maintenance||0|6,675|6,675|
||History Society||0|198|198|
||Strategic Development||0|25,000|25,000|
||Karbon Homes|||78,008|78,008|
||Volunteering||0|1,787|1,787|
||Zig Zag||0|5,472|5,472|
||||529,077|168,989|689,066|
||**Unrestricted funds**|||||
||Designated funds||0|1,911|1,911|
||Reserves||0|35,512|35,512|
||General funds||22,202|24,956|47,158|
||||22,202|62,379|84,581|
|||||||
||**Total Funds**||551,279|231,368|782,647|
15
## **Haltwhistle Partnership Ltd**
## **Company Registration Number 3324145**
## **Detailed statement of financial activities for the year ending 31st March 2021**
|£
£
**Income**
Donations
1,510
Project funding
34,932
Bank interest receivable
456
Rental income
41,337
Other income
9,551
Total income
87,785
**Expenditure**
**Cost of generating funds**
Wages and salaries
5,522
**Charitable activities and support costs**
Wages and salaries
8,395
Projects
30,855
Light, heat and water
3,636
Rent, rates and insurance
5,354
Repairs and maintenance
1,471
Postage, stationery and advertising
928
Telephone
758
Hospitality (Lunch Club/Drop In/Volunteerin
2,218
Sundry Expenses
318
Bank interest and charges
72
Professional Fees
525
Depreciation of fixed assets
15,297
Grants paid
3,665
73,491
**Governance costs**
Accountancy and independent
examiners fees
1,125
1,125
**Total Expenditure**
80,138
**Net incoming resources for the year**
7,648
2021|_£_
_£_
_7,326_
_146,770_
_458_
_41,923_
_4,892_
_201,369_
_4,949_
_8,414_
_24,699_
_3,886_
_6,869_
_3,403_
_717_
_550_
_2,255_
_619_
_72_
_345_
_15,315_
_3,300_
_70,444_
_1,225_
_1,225_
_76,618_
_124,751_
_2020_|
|---|---|
16