Charlty reglstrallon number 1075510 Company rngistratlon number 03373851 {England and Wales} THE CORNFORTH PARTNERSHIP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 THE CORNFORTH PARTNERSHIP LEGAL AND ADMINISTRATIVE INFORMATION Trustses MrA Hodgson Mrs H P Drew Mrs S Traynor Mrs S J Neville Mr8 C Heron MrsA Dunn (Apwinted 15 May 2023) (Appointed 15 June 2023) Chief Executlvo MrT Cutmore Secretary Mr T Cutmore Charlty number 1075510 Comp•ny number 03373851 Reglst•red offlco 66- 70 Hlgh Street Comforth County Durham DL17 9HS Ind•p•ndent Examln•r Mr John P Yarrow FCA Allen Sykes Limited 5 Henson Close South Church Enterprise Park Bishop Auckland County Durham DL14 6WA THE CORNFORTH PARTNERSHIP CONTENTS Page Trustees. report Independent examinevs report Statement of flnanci81 activities Ststèmènt of financial position 10 Statement of cash flows 11 Notes to thé financial statements 12-31 THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors for the purtKJses of company law, present their report and the unaudited rinancial statements of the charity for th8 year ended 31 March 2024. The finan(xal statements have been prepared in awrdance with the accounting policies set out in not8 1 to the financial statements and comply wilh the Companles Act 2CQ6 and "Accounting and Reporting by Charities: Stat8menl of Recommended Practice applicable to Charities preparing their accounts In accordance with the Financlal Reporting Standard applicable in the UK and Republlc of Ireland (FRS 102)" (effective 1 January 2019). Objectlves and acllvltles The Cornforth Partnerships mlsslon is to: "Pmvlde the rlght support in the right place at the rfght tlme to enable the development of healthy vlbrant and asplratlonal communities" It aims to slgnificantly reduce the impact and challenges which local people and communities within County Durham face in temis of Social, Economic, Health and Educational deprivats'on in line with its Gore values.. We are fair open and Honest -we listen lo what matters most to those we work wlth and the communities whlch we ser4e in ordèr to èmpower indlviduals and communities to find the bast and most inclusive way to make things better, embracing and celebrating diversity and been helpful and kind. We lako Owner•hlp and ro8pon8lblllty - If Cornforth Partnership say8 It will do it, then It wlll do It, In a tlme frlendly manner, keeping you Informed every step of the way. We make the most of our r8sources to make a posrtive impact and think carefully about every penny we spend. We work In Pather•hlp - We recogni8e that we are better together, and we will work in partnership with individuals and communltles and the organisations and services within them to create confid8nce and capacty which bulld ambition for ourselves and the individua18 and p8ople we S8Ne. The Partnershlp has developed a plalhora of support and opportunities around 4 broad themes of delivery: Chlldren Young People and FamS1ies Older Persons Domestic Abuse Employment Training and welfare It has contlnued to operate its key services alongside rts vibrant community hub and community transport project. The Partnershlp has supported 2517 individuals this year, itB highe8t number to date with data showing an increase of engagement across all of its projects. It has continued to build upon its excellent reputation as a responsive service in communities acrDS8 County Durham. It has developed new initiatlves, strengthened partnerships and has contlnued to provide a high qualty local offer to address need. crfteria used for assessing success The Partnership holds its IS09001 Quality Standard, which showcases its effecllveness to manage and record its projects delivery and performance. The group meet monthly and look at key areas of delivèry in order lo ensure programs (￿ntinUe to perform high and meet their set KPI'S and objectives. All team leads have full responsibillty for the delivery of thelr funded programs and must ensure projects are runnlng in line with set budget and objectives. Performan￿ monitoring is also embedded within the Partnership managemenl committee who receive a bi-monthly update through presentation around key achievements. Public benefit Our main activities and who we help are described Èlsewhere in this report. All our Gharitable activities are undertaken to further our charllable purposes for the public benefit. The Committee have had regard to the Chaiity Commisslon's guidance on public benefit throughout the yearwhen deciding on the activities of the charty. THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achievement5 and perforniance Below is synopsi5 of the key achievements made this financial year. Comforth Hou80 Th8 Partnership has continued to operate from its vibrant community hub basèd on the High Street in West Cornforth. from here It offers a wealth of praclical services to m8mbers of the community including.. Information Adwce and guidance Photocopying Telephone and Wifi Room Hire Foodbank Referral and collection Room Hire Comforth House has conllnued to be the base for all project staff as well as a tralnlng hub, during this pèriod the centre has amassed 9755 wslts. Communlty Tran8POrt The Partnership has continu&d to provide low cost affordable transport to community groups, organisations and schools, enabling local people to visit plac8s of interest, and access new opportunltles. Over 2000 individuals have accessed the 6cheme wlth 337 journeys taking plac8 throughout the year. Chlldr•n Young Pèople and Famlll•• Our dedicated and highly skilled staff team have continued t build upon its whole famlly approach to supportlng famllies and continues to provide a rang8 of unique and bespoke support and tralnlng to enable families to achieve their own goals and sustain positive change this has included.. Parentlng Advice and Support Advocacy Training and Confidence building Parenting Programmes Christmas Gifls A total of 257 families have b8en 8UPPOrted 77 families who have been provlded with unique mentoring support, 180 Fam1116s have accessed Soclal Activities and events. S6 Families have accessed Fun and Food provision durlng school holldays. THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Youth Work The Partnership have continued to build UPDn ts 25 years. experience of supporting young people In their communities to make positive change, it offers a range of opportunities 8cross County Durham. The Partnership currently offers: 3 evening youth work programmes, Comforthl Newton Aycliffe Bespoke packages of support for children and young pecple in schools Holiday Play schemes Sex and Relationships progr8mmes Over th8 last 12 months the team have.. Expanded and invested in a one of Its own young people through the government apprenticeship program. Built upon its exlstlng youth work offer to create 2 new excltlng youth work opportunities, Created opportunities to train additional Youth Workers. Continued to provld8 bespoke opportunities lo support young people into employment and training. Provided bespoke Healthy relationships tralnlng lo empower young people to make healthier choices and to end intimate violent relatlonships in our communities. Provlded Holiday hunger programs during school holldays. A total of 324 young people have been engaged in our youth work programmes. Old•r hrnon8 We have contlnued to build up and expand our dedicated Support provlslon for older people in our communities, which enables adults to make sUSt8in8ble changes to their health and wellbeing, ￿duce their isolation, increase their independence and reduce food poverty. The Partnership has provided a wealth of communlly18d opportunities which has Included.. Soclal Groups Community Leaning Volunteerlng Health Activiti&s Hot Meal Delivery 391 Older People have been supported and an astoni8hlng 8488 hot meals have be8n provld8d to thosè Ilving in food povety. THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Domestlc Abuse The Partnership has continued to build upon its SUCC88sful engagement and support which empowers female survivors to overcome their traumatic experi8nces. develop self-coplng strategies to ￿pe with the trauma and rebuibj broken peer and family relationships. Our bespoke support has induded.. Award Winning Training Pe8r M8ntoring Support One 2 one mentoring Houslng support MARAC referrals A total of 91 Vlctlms of Domestic Abuse have been empowered and 166 frontline staff have been trained to have better awareness and understandlng of Dome5tlc Abuse. Employment Tralning and Wolfare Due to the ongoing cost of living crisis the Partnership has re branded its employment and trainlng 8UPPOrt 88ivices to indude welfare, this has 8nabled the Partnershlp to respond lo those faclng severe financial crisis. The Employment and tralnlng sèNice has conlinued to be one of the busi8St elements of our delivery with a plethora of opportunitles avaible lo local resldenls to enhan￿ their employability, based on the economic growth within their local a￿8$. Loc81 resldents have had acce88 to: Bespoke training packag88. Structured Information Advi￿ and Guldanc8. Budgeting. Job Search support. Emerg8ncy Food and Fuel. 190 Individua18 have been supported to access £23.731.75 emergency ald to those facino financial crisis. 292 individuals support8d to access to Information. Advice, Guidan￿ 8nd training to build financial resilience or move c108er to employment of further learning. THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 Oryanisatlonal Development The Partnership has been worklng hard with external organisations and local people to identify its next steps and areas of future d8V8lopment. It is currently in the process of finalising its 3-year Business Development plan which w511 s88 the organisation sustaining key a￿aS of delivery and developing new projeds and services to continue to meet the high levels of demand it is seeing for its services and support. All the ebove would not be possible without the amazing support and generosity of our partners and funders who w8 would lik8 to Ihank for playing a cruclal role in funding and supporting us over th8 last 12 months these have included.. The National Lott8ry Community Fund Virgin Money Foundation Durham County Council Area Action Partnerships Plonaering Care Partnership Ballinger Trust Llvin Durh8m PolSce and Crlme Commissioners Office County Durham Communlly Foundation Neighboudy Minlstry of Justlce European Soci81 Fund Durham Community Action Cornforth Parish Council Fun and Food We would 8150 like to thank membèrs of the public who have donated to the running of our cost of Ilving and youth projects and most importantly lo all those residents Ilvlng in Communities across County Durham who have shared their journey of recovery and success with us. A huge thank you must also be glven to our amazing board of trustees, volunteers and staff who have work•d hard to ensure The Partnership is at the forefront of dellvery and sep4lces for thos8 most in need within County Durham. Flnan¢lal r•vi•w The attached financial st8ternents Show the current state of finances which the Committee consider to ba sound. Reserves pol The Management Committea considers it prudent to maintain un￿StrIcted funds, which are the free reser4es of the charity, at a level of 3 months of core cost expendllure, which equales to approximalely £30,000 al 31 Maich 2024. The actual free reserves of £68,177 at 31 March 2024 exceed this amount. Investmentpowers Und8r the Memorandum and Articles of Association, th& charity has the power to make any Investment which the Management Committee see fit. Ivajorrisks The trustees have assessed the major risks to whlch the charty is exposed, and are satl8fied Ihat systems are In place to mitigate exposure to the major risks. The Partnership has both a Risk Reglster and Contingency Plan in place to reduce risks to the organisation and also provide a clear plan of action rf required. Both documents cover a variety of risks induding Ios5 of staff, fvnds, fire and natural disasters. Both docum8nts are reviewed annually and are often referred lo by the board when decision making. THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Plans for future perlods The Partnership plans to launch its 4-year business development plan which will see our Core delivery of services sustained as a priority, with the expansion of seNice5 where possible to include more delivery across a wider area. The Partnership is seeking opportunilies to develop sustainabllity through the development of a housing project for survivors and families in need, and explorlng further food options as well as delivery contracts. The Partnership has already secured fundlng for the delivery and sustainablllty of some projects for the next 3 years. Structure. govemanco and management The Charty was established by trust deed to promote any charitable purpose for the benefit of the Parish of Comforth and surrounding areas in County Durham, In particular to relieve poverty, advance 8ducatlon. provide or assist In thè provision of facilities for recreation and leisu￿ time occupatlon and to protect and improve the Ioc81 environment wlth the oblact of improving the life of Seid per80ns. The Partnership operates out of Cornforth House and Number 86, the adioinlng dropin facility, Both are sllualed In the High Street which is the heart of the local communty. The Partnershlp has extended Its reach and delivers outreach services to local communities in Spennymoor, Newton Aydiffe and Shildon. The Partnership employs 9 full time staff and 10 part time staff who deliver a wide range of seNices and Inltlatlves and the management and administration of all our schemes. The Partnership Is supported by a dedicated team of volunteers and its Manag8m8nt Committee is made up of representatives from local businesses, residents, the voluntary and community sector and key partners including local schools, Parish Council, Cornforth Medical Centre and the Local Authority. It comprises of elected and nominated members that are Directors for the purpose of Company L8w and Trustees for the purpose of Charlty Law. The tru8t888, who are also the directors for the purpose of company law, and who served durlng the year and up to the dale of signature of the financlal statements were: MrA Hodgson Mr8 H P Drew Mrs S Traynor Mrs S J Neville Cllr P Crathome Mrs C Heron Mrs A Dunn (Resigned 26 October 2023) {Appolnted 15 May 2023) (Appointed 15 June 2023) Recnjitment and appointm8nt of truste&s The appointment of Trustees is as stated in our Memorandum and Articles. New Trustees are given an induction with the Chlaf Executive, who outlines the Charity's aims and objectives. The new Trustees are given an outline of what is expected of them and provided with a copy of the Essential Trustee. What you need lo know, as provided by The Charity Commlsslon. All members of the Managemenl Committee give their time voluntsrily and receive no benefit from the charity. No exponses were reclaimed from the charity during the year, THE CORNFORTH PARTNERSHIP FOR THE YEAR EMDED 31 AIARGH 2024 Tha.Paitrmhip opèrOts%..2. pf mgklw, goard ofTn4th88 and Senlor.btsnag8n*rtT••Th.(SMT). The Board ￿ fruotses - Tho lthrd pf trwts86 hw8 ¢>varai rJspcm&bllty for the Oper￿￿ DI Tr Comforth .Partow*M), .d thaioi (kyél¢pm•ntfr and new Kloas go b tr* board for approwdl. h￿ud•S In¢rèaw. Thi. bogrd¥.dwir18 very 1x0cti￿j.￿nd Partn8rthp weelty.. Thébowd ha* ￿&18d thè thy,24lwwnnlw oflbe Pattttornhip totts ￿ .Th¢ CEO *rffk8 Along8..rd• Th• ￿n•rnh1P Sonlor MonA90. mont Toam wbo •nwr• th• df•¢fv• nmlng Df proJ¢ct• dffn•n(* 01 th8 Olwlsalloh, Ihoy tdle¢W do¢18km• OIQAinl d•¥wfy and p•rkmnc•. T•am l•adi and Walio hfft.• day 2-doy roswnwbllliyfor dOc*bn m4khg an￿ prw d•H¥• Thls wrt has bèen. pwarad In the provldon8 appfubla to rA)mp￿￿ 8nlllèd to Shial Th• tN•t••B' rwi w86 opp￿d by the ofTruate￿. Tculmo Company 8•¢ithy 19.1.1i.(.ZoZLfr THE CORNFORTH PARTNERSHIP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CORNFORTH PARTNERSHIP I report to the trusteés on my examination Df the financial ststements of Th8 Cornforth Partnership (the charity) for the year ended 31 March 2024. Responslbllltles and ba$18 of report As the trustees of the charity (and also its direclors for the purpos8s of company law> you are responsible for the preparation of the financial statem8nts in accordance with the requirements of thè Companies Act 2006 (the 20( Act). Havlng satisfied myself that the financial statements of the charlty are not required to be audited under Part 16 of the 2006 Act and are eligible for ind8P8nd8nt examination. I report in respect of my examination of the charty's financlal stat8ments carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the appllcable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. Independent examlnerf• 8tat•ment SinL* the charity's gross Income exce6d6d £250.000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualrfied to undertake the examinatlon because l am a member of 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 examlnatlon giving me cause lo believe that in any material respect.. accounting records were not kept In respect of th6 charity as required by section 386 of the 2006 Act- or the financial statements do not accord with those records; or the financial statements do not compty with thè accounting requirements of section 396 of the 2CNJ6 Act other than any r8quirement that the acC￿untS give a true and fair view which Is not a matter consldered as part of an independent èxamination., or the financial statements havè not been p￿pared in accordance wilh the methods and principles of the Statement of Recommended Practlce for accountlng and reporting by charities applicable to charities préparing thelr 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 financlal statements lo be Teached. Mr John P Yarrow FCA Independent Examiner Allen Sykes Limlted 5 Hen80n Close South Church Enterpr188 Park Bishop Auckland County Durham DL14 8WA /i>/A THE CORNFORTH PARTNERSHIP STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestrlcted Restricted funds funds 2024 2024 Totsl Unrostrictsd Rèstrlcted funds fund$ 2023 2023 Totsl 2024 2023 Notes Income and endowments from: Donations and legacies Charitable activities Investments Other Income 16,453 26,509 425 5,000 44,807 584,805 61,260 611,314 425 5,000 8,578 24.662 112 5,000 26,000 420,708 34,578 445.370 112 5,000 Total Incomè 48,387 629,612 877,999 38,352 446,708 485,￿0 EX￿ndIturn on: Raislng fijnds Charitable activiti83 17,394 82,979 17,394 617,444 18,027 78,486 18,027 405,345 534.465 326,859 Total expendltur• 100,373 534,465 634,838 96,513 328.859 423,372 Net incom•l{oxpendlture) (51,988) 95,147 43,161 (58,181> 119.849 61.688 Transfers beiween fund8 69,925 (69,925) 74,788 (74,788) Not movém•nt In funds 11 17,939 25,222 43.161 16,827 45,061 81.688 Reconclllatlon of fund8: Fund balances at 1 April 2023 99,341 231,776 331,117 82,714 186,715 269,429 Fund balances at 31 March 2024 117,280 256,998 374,278 99,341 231,776 331,117 The stat6ment of financial activities includes all galns and losses reGognised In the year. All income and expanditure d8rive from continuing activlties. THE CORNFORTH PARTNERSHIP STATÉMÉNT OF FINANCIAL posmoN AS AT31 MARCH 2f24 2024 2023 Flxed a8sbts F¥oporty, pl¥* and equipmw)t 49,103 47.2 Cumtnt OS•tts Trade and oth8r reBelvables Cth al bAnk and In hand 20,052 279.072 377.888 (S2,891) 299,124 (16.303) ctsrt•nt Il*.Ul#•• 17 N•t ¢yrrnnt*•*•th 325,175 283.821 Tol•l ••••ts.1o•• cun•n¢ Ilabllltt• 374,278 374,278 331,117 Tho thfldts of tho chllrtty R681￿0¢ Incprftè lund$ Unrestsi(thl fund8 266,998 117,280 231.7.7. 99,341 374,278 1,117 Thty c￿m￿nY ￿ frntiifed ts) lh8 exemp1c￿ from ttw audrt rwutrem8nt Gonlalr￿ In o•ction 47Y of ts C¢)mp8nlegAct C8, for the year 6ndod 31 March 2024, The dlr•ctors acknowlgdye Ihdr respon8bllllos for raThptykng of th• C¢xnpanlesAGI 2008 rpBP8Ct to ae4M)UDtlng roc*xd$ Ond the prepgrafk)n of flndnclal sl*emènts. red th• wnN>aty W obtaln an audl of118 fiftarmyal Yor Ih•y&r In que8Uc* The'mombgr8 hav6 nDt ro . a¢cordanea Wllh 4 Th•88 Ilnqndal 8t&tements ha'¥e Déèn. Prepqfed Ih athJrdanrA *lth the to onpanlas s to the gmei c￿MpanIeS rallimo. 19.1 ! LIzoL4- MfAHtsJ Mrs H P D¥ew . Company r8tiistration number 03372851.fE￿rtd VW). THE CORNFORTH PARTNERSHIP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from operatlng actlvltle8 Cash generated from operations 68.514 75,837 Investlng actlvltlo8 Purchase of property, plant and equipment Investment income r8C81v8d {3,504) 425 (549) 112 Net ca•h u8•d In Inve8tlng actlvltl•g (3,079) (437) Net cash u8od in flnancing activitles Net Incrnase in cash and cash aqulvalgnts 65,435 75,200 Cesh and cash equivalents at beginning of year 279,072 203,872 Cash and cash equlvalents at end of year 344,507 279,072 11 THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Accountlng polici08 Charlty Informallon The charity is a public benefit entty and a private company limited by guarantee, registered In England and Wales and a registered charity in England and Wtrdles. The address of the charity is CoTnforth House. 66 - 70 High Street, Cornforth, County Durham. DL17 9HS. 1.1 Accountlng convention The flnancial stalements have been prepared In accordance wlth the Companies Act 2006, FRS 102 °The Financial Reporting Standard applicable in the UK and Republic of Ireland. ("FRS 102.1 and the Charlties SORP "Accounting and R8POrtlng by Char6tle8.' Ststement of Recommended Practice applicable to charities preparing their accounts in 8￿rdanCe with the Financial Reporting Standard applicable In the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entily as defined by FRS 102. The financial statements a￿ prepared in sterling. which is the funcllonal currency of the Gharity. Monetary amounts in these financial 8tstements are rounded to the nearest £. The fflnanclal statements have been prepared under the historical ￿$t convention. The principal accounting policies adopted are set out below. 1.2 0￿fig COn￿M At the tlme of approvlng the financial ststements, the trustees have a reasonable expectation that the charity has adèquate resources to continue in operational existence for the foreseeable future. Thus the trustees contlnue to adopt the going con￿rn basis of acLounting in preparing the financial ststements, 1J Charftablo funds Unrestrlcted fund8 are available for u88 at the discretion of the trustees in furtherance of their charltable objectives. Designated fund8 comprise fund8 which have been set aside at the discretion of the Irustéas for $pecfflc purposes. The purposes and uses of the designated funds are Set out In the note8 to the financial statements. Restricted funds ar8 subject to specific conditions by donors or grantors as to how th8y may be used. The wrposes and uses of the restricted funds are set out in the notes to the financial statements. 1A Income Income Is recognised when the charity is legally entitled to it after any performance conditions have b88n met, the amounts can be measured reliably, and it is probable that Income wlll be received. Cash donations are rècognised on receipt. Other donations are recognised once the charity has be8n notlfied of the donation, unless performance condltlons require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised al the tlme of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution. the amount is known. and ￿ceipt is expected. If the amount is not known, the legaGy is treated as a contingent asset. Donated sep4ic88 and facilities are included at the value to the charity, being the amount the charity would have been willing to pay to obtain services or facilities or equivalent economic benefft on the open market. Income from gr8nts, where related to performance and specific deliverables, are accounted for as the charity eams the right to con8ideration by its performance. 12- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accountlng policie (Continued) Investment Income is included when re￿1Vable. 1.6 Expendlture Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered. and is reported as part of the expendlture to whlch it r81at88'. Costs of raising funds o)mprise the costs associated wilh attrading donatlons, grants and legacles and the costs of trading for fundraising purposes. Charitable expenditure comprises those costs incurred by the charity in the delivery Df its activities and services for its bèneficiaries. It includes both costs that can be allocated directly to such actlvltles and those costs of an indirect nature necessary to support them. Other expenditu￿ include5 811 expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable actlvltle8. All costs are allocated belween the exp8ndlture categorl8s of the SOFA on a basis designèd to r8fl8Ct the use of the resour￿. Costs relating to a particular activity are allocated directly, support costs are allocated in proportion to the direct costs of each project. 1.8 Property• plant and equlpment Fixed assets are stated at Cost less accumulatèd dapr8clatton. Thè costs of minor additions or thos6 CO8tlng below £500 are not capitalised. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their Useful Ilves on th8 following basas.. Freehold land and buildings Leasehold Improvements Furniture & Equipment Motor vehicles Not depreciated Straight linè over the term of the lease Straight line over 3 or 5 years120% reduclng ba18nce Straight line over 3 years The gain or loss arising on the disposal of an asset is determined as the difference belween the sale proceeds and the carrylng valu8 of the ass8t, and is recognised in the statement of financial activities. The residual value of the freehold land and buildings is believed to be in excess of the original cost. 1.7 Impairnient of non 53 (2,297) 10.137 (1,265) 9,052 10,000 (837) 22.485 (9,158) (491) 13,582 221 (221) 4,128 3,738 12.788 9,643 19,382 5,827 7,166 2,042 253 1,782 1,121 1,443 2.999 4,796 7,180 9.752 3.254 274 24.901 1,000 (8) (8,969) (24,271) {8,873) {15,439} (4,302) (3,791) 4,120 2,598 13,428 88 2,028 525 8,790 38.(￿0 29 (961) {13,149} (711} {1,915) (1,000) (3,375) (2.042) 1,516 (839) <1,264) 930 1,381 {1.121) (1,443) (1.552) 1,447 1,960 3,857 (2.836) (2,659) 36,051 (36,715) (9,752) (1,146) {3,234} (11,10n {1.053) 2.042 4,150 40 11,121 3,000 (2,673) 28,291 9,134 10,0(X) 2,260 6.420 28,291 5,948 4.890 (3.186) (5,110) (2.260) (100) 2,056 6.320 Canied forward 231.776 288,967 (311,450) (51,924) 157,369 -23- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Rostrfcted funds (Continued) Al 1 Aprll 2023 Incomlng Resources resources expended Transfern At 31 March 2024 Brought ftIM8KI PCP Mental Health Resilience Livin Youth Nefvfork Youth Clubs Lottery Helping Hands AAP Active Communities Neighbourfy Fund CDCF Hou88hold SF Lott8ry Cost of Living Lottery Employability DCC You Do You TryLrfe - Lottery 231,778 288.967 20,411 2,600 3,500 24,192 21,566 3,000 18,500 59,876 {311,450) (13,696) (51.924) (1.570) 157.369 5,145 2,600 3,352 (148) {17,961) (8,620) (42> (15,980> (56,452) {552) (26) {109,538> {6,231) (1.680) 11,266 2,958 {2,520) 3,424 (552) {26) 71,462 187,000 (6,OCQ) 231,776 829,812 (534.465) (69,925) 256,998 PrnvlouB year: At 1 Aprfl 2022 Incomlng Ivsourc08 R•8ource8 expended Transfer8 At 31 Ma￿h 2023 Virgin- Power to Change Virgin- Running Costs Big Lottery - Supporting Communities Communlly Llnk8 4 Tog OPSIF Believe H. Food & Fuel EDRC Youth Links Sport England Together Fund GAMP New Horizong EDRC Healthy Communities EDRC Girl Empowerment CDCF Reach Luncheon Club CDCF Healthy Communitles Durham Police Commissioners Domesllc Abuse Spennymoor Baby - Ready or Not Chrysalis School Holiday Activities Youth dubs Durham Police MOJ Durham Works Big Lottery- Changing Childrens, Lives 8,000 18,000 {2,742) (1,500) (2,583) 116,500} 2,875 100,696 55,044 1,001 2,500 21,396 5,000 14,917 110 10,(YJO (48,380) (24,851 > (30,584) (2,349) (21,670) <8,227) 30,646 21,966 30,127 151 21,396 4,208 14,917 (792) 4,037 {3.9811 (166) 10,000 837 746 837 2,210 3,744 15.054 (17,610) (3,535) 1.092 {209} 14,841 (11,9201 12,700) 221 4,362 (234) <43) 13.886) 4,128 241 3.658 802 (198) (8,622) (886) (7,557> 12,588 84 27,140 3,738 {6,795) 828 12.788 (628) {53) 1431) Canied fornard 60,353 295,892 (165,560) {61,724) 128,961 -24- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Rostrfcted funds (Continued At 1 Aprfl 2022 Incomlng Resources resources expendèd Transfers At 31 March 2023 B￿ught fO￿ard BASH Get Connected Tesco EDRC Feeding the Communty PCP Happiness Hubs Power to Change Sifverdale Livin EDRC Helping Hands CDCF Impact GAMP H&M 4Tog Baby Ready or Not Communltles Youth Club BASH H&M Sedgefi81d Charities Other restricted funds DCC CLLD Reach Awards fo All - CLLD Spennymoor AAP Reach Livin Employability EDRC Job Shop BASH HIC Employablllty 4Tog Reach D Freemasons CRT Reach YP Durham Directions GAMP F. Support Old8r Persons- Livln AAP Feedlng the Community Bridgewater- Livin Livin Pier CDCF NHS Welfare Fund Spennymoor Helping Hand8 ALDI Winter Fund 60,353 295,892 15.345 (165,560) 14,80n (281) (61,724) {1.095) 128.961 9,643 281 19,382 7,000 10,000 19,382 5,827 7,166 2,042 (1,173) {2,834) (302) (4,256> (2,309) (9,017> (3,004) (3,280) (8,459) (303) {190) (22,103} <410) (6,225) (4.SH) (3,3431 (4,139) (5,109) (8,197) {22.496) (33,17n (3,434) {4,000) (80) (872) (1,428) 3,181 10,445 3,004 3,280 8,701 (242) 556 751 23,433 253 1,782 1,121 1.443 2,999 4,798 1,221 2,112 1,853 (2,356} 9,677 3,343 5.050 5,310 8,647 23,650 4.581 14,505 4,0(Kl 41 5,000 4,156 {2,321) 11,580 (337) (911) (201) (450) (1,154) (1,94n (1,319) 37,723 7,180 9,752 (41) (5,000) (902) (3,160) (45) 3,254 274 24,901 1,000 4,100 24,946 1,OlX) {866) 186,715 446,708 (326.859) {74,788) 231.776 -25- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restrlctad funds (Contlnued) The restricted fvnds a￿ for the following purpos8S'. Luncheon Club- Weekty lunch dub for elderly residents. Durham Poli￿ Commissioners Domesti¢ Abuse - Funding to support our delivery of Domestic Abuse and to cope wtth the increased demand due to th8 COVID 19 Pandemic. School holiday activities- Money from AAP, Bishop Middleham Parish, Cornforth Parish. Youth Clubs - Financial support to aid the continuation of our youth club sessions in Cornforth and Bishop Middleman. Lottery - Changing Children's Lives - &year projèct supporting vulnerable families in the south of County Durham to make sustained changes lo thelr h8alth and wellbelng. Silverdale Livin - Youth work project runnlng from the "ARIC, Sllverdale place 88 part of Livin regeneration of thè ar8a. EDRC Helping Hands - Bespoke famlly support, to help families to overcome barriers and sustaln positive changes to their Heahh and Wellbeing. CDCF Impact - Supporting young people to increase their particlpation in positive actlvltles, reducing their engagement in risk taking behaviour. GAMP H&M - Supportlng female survivors to overcome the traumatic experiences of th81r past, overcome barrier6 to progression and move clos8r to the employment market. 4Tog Baby Ready or Not - Accredtted sexual health & healthy relatlonships tralnlng for young people in the 4 Together area. Communltles Youth Club - Targeted youth work provlslon for young people In Cornforth - Bishop Mlddleham. BASH H&M - Bespoke trainlng and support for female survivors of Domestic Abuse in Bishop Auckland and Shildon areas. EDRC H8althy Communitles - To provide a hollstic package of support to older people in order to improve their Health and Wellbeing, In¢￿aSe their Conf1den￿ and reduce their isolation in communities within the East Durham Rural Corridor Area Action Partnership area. Awards for All CLLD- Employment and Training support for residents wlthin the south of County Durham. Spennymoor AAP Reach - Employment and Training Support for residents within Spennymoor Area Action Partnership. Livin Employabilty - Employment and Training Support for Livin tenants and residents living in western area of Newton Aycliffe and Jubilee Fields of Shildon. EDRC Job Shop - Employment and Tr81ning Support for resldents in the East Durham Rural Corridor AAP area. BASH PVC Employability- Employment and Training Support for residents in the Bishop Auckland and Shildon area. 4Tog OPSIF - Employment and family mentoriTrJ support to families in need in the local community working in partnership with schools and the One Point sen41￿. -26- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restricted funds (Contlnued) Durham Freemasons - Employment and mentorlng support for young people and young parents to help overcome th8 effects of the COVID 19 pandemic and support them to make positive progressions. CRT Reach Y.P. - Employment and mentoring support for young people and young par8nts to help overcome the effects of the COVID 19 pandemic and support them to make positive progressions, in fomier coalfield communities. Durham Works - Providing support and tr8ining for young people who are NEET in County Durham. in order to help them achreve sustainable employment or fvrther leamlng. AAP Feedlng the Communty- To provide hot meal delivery service to older people In the L¢xal community. S8dgefield Charities - Support for individual families in need, to purchase items such as school unrfomis, white goods. DCC CLLD Reach - Bespoke employment and tralning 8UPPOrt in Bishop, Shlldon and Spennymoor. Durtiam Dlrections - Bespoke employment and training suppt)rt for NEET young peoplè acros8 County Durham. GAMP F. Support - Support for vulnerable families and indlvlduals wlth the Aycllffe Area, to help bulld resilience a community cohesion. Older Persons (Livln) - support to reduc8 older peoples isolation within Cornforth. Bridgewat8r {Livin)- Communlty based activities and ￿stOration of community footpaths. Livln Pier- Youth Work InteNentions to 8UPPOrt the reduction of ASB in the Western Area of Newton Aycliff8. Vlrgin Power to Change Grant to 8UPPOrt The Partnerships future sustainability and to support the professional development of the CEO. Virgin Running Costs- To 8UPPOrt the core runnlng of The Comforth Partner8hlp. Big Lottery Supportlng Communities - Provide support to older people In Cornforth and 818hop Middleham in order to redu￿ their social isolation. increase their health and wellbeing and increase volunteer opportunities. Communlty Links- To support vulnerable families to increase their financial resilience, increase their skills and employability opportunities, through eng8gement with local schools. Believe H Food & Fuel - To provide emergency food and fuel parcels to those in need. EDRC Youth Links- Increas8 the number of qualrfied youth work staff within the AAP to support the delivery of traditional youth work and its values. Sport England Together Fund - To provide a new youth dub with a focus on sports for young people aged 14 In Comforth and surrounding communities. GAMP New Horizons Newion Aycliffe. Provlde dedicated youth work and support to taclde anti-sc¢ral behaviour within -27- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restricted furKIs (Contlnued) EDRC Girl Empowerment - To empower young girls with the skills and knowledge to make healthl6r choices when it comes to relationshlps. Spennymoor Baby Ready or Not- To provide bespoke Sex and Relationships workshops witrjln Spennymoor. Durham Police MOJ - DediG9t8d provislon for female supiivors of Dom8Sti¢ Abuse. BASH Get Connected - Partnership project with Jubilee Fields Community Association in order to tackle soclal isolation amongst older people. EDRC Feeding the Community - Provide affordable hot lunches to older people living in food povety. PCP Happiness Hubs - Sustain community led provision In order to Improve adult health and wellbeing. Power to Changè- To fund specific operating costs of The Cornforth Partnershlp. CDCF NHS Welfare Fund - Provide cash grants of E100 to those residents faclng Itnancial hardshlp which 1$ having a negative impact on thelr health and wellb&ing. Spennymoor Helping Hands - Provlde dedlcated Information advice and GuidanGe to support vulnerable residents facing financial hardshlp wlthin Spennymoor. in order to make positive change and move closer to the employment market. ALDI Winter Fund - Provide emergency food par￿lS to those in need. AAP Get Actlve- Pilot project 8UPPOrting adults and young people within the l¢xal communlty to improve their health and wellbelng, through engagement in social and fitnes8 aclivrties Including the communty Gym. AAP Actfve Communities - Supporting Older people to reduce their i801atlon, and Increase their physical health through their engagement in In communty led social activities. A4P Secret to Happiness- Capital investment to create a new eco space and communty faclllty to the rear of number 86 as well as providing acce88 to food. Ballinger Trust - Runnlng costs to sustain and add value to youth work and youth clubs In Comforth and Newton Aydiffe. PCP Mental Health Resilience - Employment of hvo peer support workers to support k)cal people livlng with poor mental health. as part of the County Durham mental health transformation. Livin Youth NebNork- Detached Youth Work in Newton Aycliffe to reduce ASB. Trylife- Partnershlp project bringing the TRYLIFE project to County Durham and utllising online resources to reduce young people's engagement in risk taklng behaviour. Lottery Cost of Living - Monies to support indivlduals withln the communty thought the current wst of livlng crlsis to access emergency food and fuel, as well as monies to upskill staff and cary out som6 capital Improvement5 Within the building. CDCF Household Support Fund - Monles to reduce the poverty local people face due to the cost of living crisis. Local people can access monies for clothing, food, fu81 and white goods. CDCF Reach- Employment and Training Support for adults in County Durham. -28- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Restrlctod fund5 (Contlnued Ballinger Nevrton Aycliffe- Contlnuation of Youth Work provlsion in Nawton Aycliffe. AAP Youth Club- Continuation of Youth Club Provlsion in Comforth. Lottery Helping Hands - Support for vulnerable families and SuThivors of domestic Abuse. Neighbourly Fund - Kitchen upgrades and distributlon of foods to those in need. Lottery Employability- Employability. tralning and wellbeing support for residents across County Durham. DCC You Do You - Contracted NEET provlsion for young people in County Durham. CDCF Healthy Communlties - Health Support and inltiatives for adults and young people in Cornforth. Chry8alls- Funds to provlde accredited tralnlng and 8UPPOrt to female survivors of domestic abuse. Te$co- Contributlon lowards youth clubs In Comforth and Bl8hop Mlddleham. 4 Tog Reach - Employment and Training Support for adufts in Comforth, Bishop Middleham, Chllton and Ferryhill. 21 Unre•trlcted fund• Tha unrestricted funds of the charity comprise the unexpended balances of donations 8nd grant5 whlch are not subject to SP8cific conditions by dorK)rs and grantors as to how Ihey may be used. These include designated funds whlch have been set aside out of unrestricted fvnd8 by the trustees for 8pecrfic purposes. At 1 Aprfl 2023 Incomlng R•source8 r880urce8 •xp&nd•d Transfer• At 31 March 2024 General Fund Capital Fund Rural Transport Partnership General Maintenance 48.154 47,296 3,836 55 17.741 (81,147) {1,697) (13,071) (4,458) 69,925 54,673 45,599 10.030 6,978 19,265 11,381 99,341 48,387 (100,373) 69,925 117,280 Prevlou8 yèar. At 1 Aprfl 2022 Incoming rn80urces Resource8 expended Transfer8 At 31 March 2023 General Fund Capital Fund Rural Transport Partnership General Maintenance 26.612 53,985 1,575 542 24,137 (77,962) {7.238) {10,626) (687) 75,367 549 (1,328> 200 48,154 47,296 3,836 55 14.215 82.714 38,352 (98.513) 74,788 99,341 -29- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Unrestricted funds (Continued) The Capital Fund holds all fixed assets which may be used wilhout restriction to further the charivs obj'ectives. The followlng speciflc project fvnds hold all eamed incom8 from the particular project. The trustees have deuded that this income will be set aside for fvture costs of the project.. The Rural Tran8POrt Partnership fund holds income earned from community transport. The General Maintenance funds as a designated fund to pul asida money for general maintenaneA Costs. The General Fund holds all other unre8trlcted monlo$. 22 Ana￿19 ol net 0880ts botween fund8 Unrestrlctod fund8 2024 Rostrlcted fund8 2024 Total 2024 At 31 March 2024: Propety, plant and equipment Current assatsl(liabilitl8s) 49,103 68,177 49,103 325,175 256,998 117,280 256,998 374,278 Unrestricted funds 2023 Rètstrlctsd funds 2023 Totsl 2023 At 31 March 2023: Propety, plant and equipmant Current 88setsl(liabilities) 47,296 52,045 47.2 283,821 231,776 99,341 231,776 331,117 23 Transfer8 Bètween Funds During the year £69,925 was transferred from reBtTlcted to unrestricted funds. This was made up as follows 2024 Project management fees Project staffing fees Project admin, photC￿py1ng and room hire income from projects Contribution to overheads from Lottery project Contribution to overheads by Virgin Foundation grant Other minor transfers 29,988 4.763 12.640 13,964 6,250 2,320 69,925 -30- THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 24 Operntlng18ase commltments Lessee At the reporting and date the charity had outstanding commitments for fvture mlnimum lease payments under ncrfl-cancellable operating leases, whlch fall due as follows: 2024 2023 V￿thin on8 y8ar Belween two and five year8 2,254 1,691 2,254 3,945 6.198 26 Relat•d paty tran$actlon8 Included in expendllure on charitable activities18 £5,725 relatlng to servlces provided by West Cornforth & District Community Associatlon. Mrs H P Drew, Mr A Hodgson & Mrs S Traynor, trustees, are all Irustees of West Comforth & District Community Association. The Management Committee includes representatlves from local counclls, organisalions and businesses. A numter of th88e bodies are currenily funders of the charity, but any payments to them are in the normal cours8 of business. 26 Cash gonerated from operations 2024 2023 Surplus for the year 43,161 61,688 Adjustments for.. Investment Income recognlsed in statem8nt of financial activities Loss on disposal of property, plant and equipment Depreciatlon and impairment of property, plant and equipment (425) 514 1,183 (112) 7,238 Movements in working capital: (Increase)Idecrease in trade and other receivables Increase in trade and other payables Increase in deferred income (13,307} 500 36,888 4.201 2.622 Cash genoratsd from operation8 68,514 75.637 27 Analysis of changes In net funds The charity had no material debt during the year. 31