Charity registration number 10755101England and Wales) Company registration number 03373851 THE CORNFORTH PARTNERSHIP ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE CORNFORTH PARTNERSHIP LEGALAND ADMINISTRATIVE INFORMATION Truste9S Mr A Hodgson Mrs H P Drew Mrs S Traynor Mr5 S J Neville Mrs C Heron MrsA Dunn Chief Executive Mr T Cutmore Secretary MrT Cutmore Charity number 1075510 Company number 03373851 Registered office 66 - 70 High Str8et Cornforth Couniy Durham DL17 9HS Independent Examiner Mr John P Yarrow FCA Allen Sykes Audit Limited 5 Henson Close South Church Entefpfise Park Bishop Auckland County Durham DL14 6WA
THE CORNFORTH PARTNERSHIP CONTENTS Page Trustees, report Indep8ndent examinerfs report 11 Statement of financial activrties 12 Statement of financial posilion 13 Statement of cash flows 14 Notes to the financial slatemenls 15-36
THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the directors for th8 purposes of company law, present Iheir report and the unaudited financial statements of the ¢harty for the year ended 31 March 2025. The financial statements have been prepared in accordance wilh the accounting policies set out in note 1 to the financial stalements and comply with the Companies Act 2006 and "Accounting and Reporting by Charities.. Ststement 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 OUT mission= -To pmvide the right support. in the right place. at the right time - enabling the development of healthy, vibrant. and aspirational communities.- The Cornforth Partnership exists to support individuals and communit188 across County Durham to overcome barriers, unlock potential. and achieve long-term wellbeing. Our approach is deeply rooted in the principles of inclusion. empowerment, and compassion. We listen to what matters most to People, and work alongside them to co-create sustainable solutions that drive lastin9 change. Againsl our overarching aim lo lackle Ihe disadvanlage5 local people and communilies face in temis of Health, Social, Educational and Economic deprivation. Wh8ther il's helping someone find a job, escap8 domestic abuse, improve their health. or connect with others in their community, our purpose remains the same.. lo be there when people need us time. with the right help, at the Tight Our Values We believe our values are the foundation of our impact. They guide everything we do - from how we treat people to how we spend each penny of fijnding. l. Fair, Open, and Honest We fosier trusl by aayS being iransparent and SpeCul. We value Ihe voices of those we support and work collaboratively to ensure their needs are met. Diversity is at the heart of everything we do differen5 and ensure our services are indusive. accessible, and person-centred. we olebrate 2. Ownership and Responsrbility When we say we'll do something, we follow through. We manage our resources responsibly. invest wisely, and communicate openly. We constantly review our practi8 to ensure we're providing the highest quality of service in the rnosl effieient way. 3. Collaboration and Partnership We know that we are stronger together. That's why we actively woik with local residents, community organisalions, statutory bodies. and voluntary sector partners to Co-design solutions and build community-fed services. Together. we cre21e stronger, more resilient communities.
THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Who Wo Are & What We Do With over 28 years of service lo County Durham, The Cornforth Partnership has grown from a grassroots iniliative into a trusted and innovative Community anchor organisation. Our services now span four primary areas.. Children, Young People & Families Domestic Abuse Services Employment, Training & Welfare Support Older People & Adult Wellbeing These core Ihemes are supported by key infrastructure projects including our vibrant community hub (Cornforth House) and community transport project. which help bring seNices directly to those most isolated. 202ts2025.' Our Year in Numbers 2,658 individuals supported across all setvice areas 8.997 visits to Cornforth House 309 families received targeted support 9,707 hol meals provided 440 people supported around work, training or volunteering 359 young people engaged 164 female survivors of domestic abuse supported £31.528.65 in aid distributed lo those in financial crisis These numbers repsent lives changed, families stabilisèd, and communities SIn91h8n9d. Cril8ria used for assessing success The Partnership holds ils IS09001 Qualty Standard. which showcases its effeGtiveness to manage and record its projects delivery and performance. The group me81 monthly and look al key areas of delivery in ord8r lo ensure programs continue to perform high and meet their set KPI'S and objectives. All team leads have full responsibility for the delivery of their funded programs and must ensure projects are running in line with set budget and objectives. Performance monttoring is also embedded within Ihe Partnership management committee who receive a bi-monthly update through presentation around key achievemènts. Public benefit Our main activities and who we help are dascribed elsewhere in Ihis report. All our charitable activities are undertaken lo further our charitable purposes for the public benefit. The Committee have had regard to the Charity Commission's guidance on public benefit throughout the y8ar when deciding on thé activities of the charity.
THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and performance Comforth House: A Vibrant Community Hub Comforth House continues lo act as a lifeline for local people. Located al the heart of West Coinforth, it offers an inclusive. welcoming space where residents can access support, guidance, and connection. Over the last 12 month5, we have made significant investments in the physical building to ensure il remains sustainable, accessible, and fit for purpose. The building now houses- Free W-FI and telephone access Advice, guidance, and advocacy services Community m&eting and training rooms Photocopying and printing seplices A base for food bank referrals and collections With nearly 9,000 visits in one year alone, Cornforth House stands as a testament to the value ol local, community- driven spaces. Community Transport: Connecting18olated Communities For many people in our rural communities. limited public transport means daily challenges ffledical appointments to attending training or social activities. To tackle this, we operate two community minibuses on a not-for-profit basis, available to groups. schools. and organisations. This year.. 388 communityjourneys were delivered 2,353 people were supported with tfansport Continued lobbying efforts for sustainable public transport at the county level This project has been vitsl in reducing isolation and ensuring equitable access lo serviG8S. from accessing
THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Family Support: Building Stronger Families e believe every fami deserves the chance to thrive. Our eXperiend family support team provides tsrgeted int6rventions to help families build resilience, improv8 wellbeing, and manage complex challenges. This year.. 181 families received mèntoring support to identify and overcome key barriers 54 families participated in community learning focused on parenting and understanding children's needs 102 families reiVed welfare aid to alleviate the pressures of poverty and the cost of living 256 children received Christmas gifts. 1325 children received advent calendars, 881 children received Easter eggs. Our family work is designed to be holislic, Irauma-informed, and ¢entred around the needs of each household. "Thank you ft+r all you did ft>r me and my 3 kids l am really gratefiil. You took the St$$ of us having been homeless and gettlng a new house, I didn't know where to turn or what to do, use really were my angels" Children & Young People: Creating Positive Futuros We Wofk directly with children and young people to help them navigate challènges, build confidence, and develop aspirations for the future. Through youth clubs, mentoring. school partnerships, and holiday actNlties, we provide safe spaces where young people can learn, grow, and be heard. ImpacL' 227 young people attended regular youth sessions across 3 locations 132 young people engaged in youth voice activities and ¢onsultalions 58 children accessed meals and enrichment through Holiday Hunger programmes Young people have told us that our services make them feel more confidenl, connected, and hopeful.. "The Go Leads program has been a fantastic experience for my daughter, it has glven her the chance to really develop her leadership, Communicatlon and problem solving skllls. She has met new people and made some great friendships on the way. Most importantly the pmgram has opened doors to new opportunltles, l am so grateful for the posltlve Impa¢t you have had on hee,
THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Domestl¢ Abuse Services: Empowem)ent & Recovery Our work with female survivors of domestic abuse continues to grow, both in size and significance. We provide trauma-informed support, tailored menloring, and groUbaSed empowerment training. Key outcomes.. 164 women received intensive support 82 women completed our bespoke Hearts and Minds training programme. developing skills, self- awareness, and confidence 164 women received 1-1 mentoring lo support them on their recovery journeys We are committed to expanding this service into a full IDVA (Independent Domestic Violence Advisor) model in the coming year. "Fmm the bottom ol my heart I would like to Ihank you ftir everything you have done for me. You were the irst people to ever tmly understand me. You were the ¢onfimiation that I wasn't mad, it wasn't my fault. You removed all of the blame and guilt. I had become burled undernealhj you have glven me my zest for life back, you've given me claty and hopo" Older People & Adult Wellbeing: Comballng Loneliness Through wam meals, social clubs, wellbèing activities, and mentoring, we help older residents maintain independence and social connection In 2024-25.. 9.707 hot meals served in 8 communilies. 4 days per week 114 adults received mentoring support to overcome isolation 191 adults took part in wellbeing activities such as fitness dasses. crafts, walking groups, and gym sessions These programmes reduce loneliness, improve mental health, and help people lead fuller lives. "I have lived in the village for over 50 years and been so isolated coming to breakfast elub I have mado new friends, if it wasn't for the work that you do myself and many others would be stuck at home alone or in the graveyard. you glve us oldies our Ilfe back"
THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employment, Skills & Volunteering We're proud to be part of a dynamic consortium that indudes Durham Community Aclion, WEA, CRT, and others all working logelher to improve access to skills, training, and employment. Over the past year: 440 individuals supported 90 received wellbeing and confidence coaching 242 attended accredited and non-a¢credited training 26 arxessed digital training to use online SenAS safely 57 progressed into employment, learning, or volunteering This is about more than job5- It's about supporting individuals to believe in themselves and build a better fulure. "I want to expres my deepest gr8tude for the unwaverlng support you have pmvided to me and my Iwo daughters. Your klndness and assistanee have meant the world to u$. We are truty grateful for your generosty and the invaluable support you have provided us over the past few months. We truty cannot express how much this means to usl l understand that you may view your work as just fvlfilling your responslbllities, but it's important to reeognise the significant impact you have had on us. Your asslstanee has truly been invaluable, and we cannot ftilly express how grateful we are for your help. l truty appre¢late the assistance and supportyoul*e pmvided." welfa Support: Meeting Urgent Needs We continue to r8spond to the Cost of Living Crisis by offering practical, dignified support to households in financial rAisis. In 2024-25: £31,528.65 dislributed in the form of emergency aid 118 food vouchers and 44 fuel paymenls provided 22 households supported with essential while goods 57 households received 1..1 budgeting advice and support By offering both immediate relief and long-term planning, we're helping people gain stability and rebuild their confidence. One service user told us.. "l just wanted to extend our thanks and gratitude for the swift response from Comforth Partn•rshipi soclal worker and myself were dealing with a vulnerable adult who had no food In thelr cupboards, we were unable to leave the person alone at the time. A telephone ¢all was made and 10 mins later staff pmvided a ftlod box. We cannot thank you enough for your klndness and swift response. The local communlty Is so fortunate to have such a earing and dedicated team supporting them" Finan¢ial review The attached financial statements show the current state of finances which the Committee consider to be sound. ReseeS policy The Management Committe8 considers it prudent to rnaintain unrestricted funds, which are the free reserves of the charity, al a level of 3 months of Core cost expenditure, which equates lo approximately £30,000 at 31 March 2025. The actual free reserves of £127,736 at 31 March 2025 exceed Ihis amount.
THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Investment powerJ Under the Memorandum and Articles of Association, the charity has the power lo make any investment which the Management Committee se8 fil. Major risks The trustees have assessed the major risks lo which the charity is exposed, and are satisfied that syslems are in place to mitigate exposure to the major risks. The Partnership has bolh a Risk Register and Contingency Plan in place to reduce risks to the organisation and also provide a clear plan of action rf required. Both documenls cover a variety of risks including loss of staff, funds, fire and nalural disasters. Both documents are reviewed annually and are often referred to by the board when decision making.
THE CORNFORTH PARTNERSHIP TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2025 Plans for future periods Organisational Development: Looking to the Future We have officially launched a new four-year Business Development Plan that outlines our stralegic priorities and ambitions. Our goals indude-. Sustaining and growing our core services to meet increasing demand Expanding our domestic abuse offer inlo a fully-fledged IDVA seNi Creating supported housing for families and suniivors of abuse Regenerating Cornforth High Street through partnership and investment Replicating our communty hub model in a neighbouring village We are excited about Ihe future- and ready to meet il head-on. Thank You to Our Funder5 and Supporters We would lik8 to extend our deepest gratitude to our partners, funders, and supporters. Your belief in our work makes it possible to reach those most in need, With thanks to.. The National Lottery Community Fund Virgin Money Foundation Durham County Council andAAPs Ballinger Trust Livin Police & Crime Commissioner'5 Office County Durham Community Foundation Ministry of Justice Neighbourly UKSPF Durham Community Action Fun and Food Durham Greggs Community Foundation Cornforth Parish Council MME2 Amazon - Bowburn Members of the public who donated to our projects With Gratitude To our dedicated staff. our incredible volunteers, and our Board of Trustees persistence, and your unwavering belief in Ihe power of ¢ommunily. And to the people of County Dutham: thank you for trusting us, walking with us, and letting us be part of your journey. thank you for your passion, your
THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR fHE YEAR ENDED 31 MARCH 2025 Structure. govemancè and management The Charity was established by trust deed to promote any charitable puipose for the benefrt of the Parish of Cornforth and surrounding areas in County Dutham, in parlicular to relieve poverty, advance education. provide or assist in the provision of facilities fof recrealion and leisure lime occupation and to protect and improve the local environment with the object of improving the life of said persons. The Partnership operates out of Cornforth House and Number 66. the adjoining drop-in faGility. Both are situated in the High Street which is the heart of Ihe local community. The Partnership has extended its reach and delivers outreach seniices to local communities in Spennymoor. Newton Aycliffe and Shildon. The Partnership employs 9 full time staff and 10 part time staff who deliver a wide range of servIS and initi'atives and the management and administration of all our schemes. The Partnership is supported by a dedicated team of volunle8rs and its Management Committee is made up of representatives from local businesses. residents, Ihe voluntary and community sector and key partners including local schoo15, Parish Council. Cornforth Medical Cent and the Local Authority. It comprises of elected and nominated members that ar8 Dir8Ctors for the purpose of Company Law and Trustees for the purpose of Charity Law. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: MrA Hodgson Mrs H P Drew Mrs S Traynor Mrs S J Neville Mrs C Heron Mrs A Dunn RG*cruitmenl and gppointment of twsfees The appointment of Trustees is as stated in our Memorandum and Articles. New Trustees are given an induction with the Chief Executive. who outlines the Chartiy's aims and objectives. The new Truslees are given an outline of what is expected of them and provided with a copy of the Essential Trustee: What you need to know, as providèd by The Charily Commission. All members of ihe Managemenl Committee give their time voluntarily and receive no benefft from the charity. No expenses were reclaimed from the charity during the year. The Partnership operales 2 levels of decision making, Board of Trustees and Senior Management Team (SMT). The Board of Trustees The board of trustees have overall responsibility for the operation of The Comforth Partnership. all majoi developments and new project ideas go to the board for approval. This includes Salary increases. The boards chair is very proactive and attends the Partnership weekly. The board have passed the day 2-day running of The Partnership to its CEO. The CEO works alongside The Partnership Senior Management Team who ensur8 the effective running of projects and finance of the organisation, they collectively make decisions around delivery and perfomiance. Team leads and delivery staff also have a day 2-day responsibility for decision making and project delivery. Small company provision$ This report has been prepared in accordance WFth the provisions appli¢able lo companies entitled to the small companies exemption.
THE CORNFORTH PARTNERSHIP TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The ttustees, report was approved by the Board of Trustees. T Cutmore Company Secretary Date.. 161 f2 12026- 10-
THE CORNFORTH PARTNERSHIP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE CORNFORTH PARTNERSHIP I report to the trustees on my examinatton of the financial statements of The Cornforth Partnership (the charity) for the year ended 31 March 2025. Rosponsibilities and basis of report As the trustees of the charity (and also its directors foi the puiposes of company lawl, you are responsible for the preparalion of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself thal the financial stalements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination. I report in respeGI of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under seclion 145(5)(b) of the Charities Act 2011. Independent examlnefs ststement Since the Charity's gross income exceeded £250,000, the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confimi that l am qualified to undertake the 8xamination because l am member of ICAEW, which is one of the listed bodies. I have completed my examination. I confirm thal no matters have come to my attention in connection with the examinalion giving me cause to believe thal in any material respect= a¢¢ounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statements do not accord wtlh those re¢ords- or the financial statemen15 do not comply with the accounting qUIrementS of section 39e of the Companies Act 2006 other than any requirement that the financial statemenls give a true and fair view, which is not a matter considefed as part of an independent examination; or the financial slatemenls have nol been prepared in accordance with the methods and principles of the Stalement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial ststements in accordance with the Financial Reporting Slandard applicable in the UK and Republic of Ireland IFRS 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 financial statements to be reached. Mr John P Yarrow FCA Independent Examiner Allen Sykes Audit Limited 5 Hen50n Close South Church Enterprise Park Bishop Auckland County Durham DL14 6WA 11
THE CORNFORTH PARTNERSHIP STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestrlctsd Restricted funds funds 2025 2025 Total Unrestrlcted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income and endowments from: Donations and legacies Charitable activities Investments Other income 22,765 42,064 398 5,000 30,206 838.787 52,971 880,851 398 5.000 16,453 26,509 425 5,000 44,807 584,805 61,260 611,314 425 5,000 Total income 70,227 868.993 939,220 48.387 629,612 677,999 Expenditure on: Raising funds Charitable activities 18,132 90,950 18,132 778,668 17,394 82,979 17,394 617,444 687.718 534,465 Totsl expenditure 109,082 687,718 796,800 100,373 534,465 634,838 Net IncomeJ(expendlture) <38,855> 181,275 142,420 (51,986) 95,147 43,161 Transfers beeen funds 97,500 {97.500) 69.925 (69,925) Net movement in funds 11 58.645 83.775 142.420 17.939 25,222 43,161 Reconciliation of funds: Fund balances at 1 April 2024 117,280 256,998 374,278 99,341 231.776 331,117 Fund balances at 31 March 2025 175,925 340.773 516,698 117,280 256.998 374,278 The statement of financial aclivilies includes all gains and losses recognised in the y8ar. All income and expenditure derive from continuing activities. 12-
THE CORNFORTH PARTNERSHIP STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2025 2025 2024 Notes Fixed assets Propety, plant and equipment 15 48,189 49,103 Curnnt assets Trade and other receivables Cash at bank and in hand 16 30,322 455,656 33.359 344,507 485,978 (17.469) 377,866 (52,691} Current liabilitios 17 Net current assets 468,509 325,175 Totsl assets less current liabilities 516,698 374,278 Net assets 516,698 374,278 The funds of the charty Restricted inoome funds Unrestricted funds 20 340.773 175,925 256,998 117,280 516,698 374.278 The company is entitled to the exemption from the audil requirement conlained in section 477 of the Companies Act 2006. for the year ended 31 March 2025, The dire¢tors a¢knowledge their responsibilities for complying with Ihe requirements of the Companies Ad 2006 with respect lo accounting records and the preparation of financial statem8nts. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. 161IL126- The financial stalements were approved and authorised for issue by the trustees on .....-.... MrA Hodgson Trustee Mrs H P Drew Trustee Company registration number 03373851 {England and Wales) -13-
THE CORNFORTH PARTNERSHIP STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Nots3 Cash flows from operating actlvities Cash generated from operations 26 110.751 68.514 Investing activities Purchase of property, plant and equipmenl Investmenl income received (3,504) 425 398 Net cash generatod fromllused in) investing aetivities 398 (3,079) Net cash used in financing a¢tivitie$ Net increase in cash and ca8h equivalents 111,149 65,435 Cash and cash equivalents at beginning of year 344,507 279,072 Cash and cash equivalents at end of year 455.656 344,507 14
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢countlng policies Charity inforniation The charily is a public benefit entity and a private company limiled by guarantee. gIStered in England and Wales and a registered Charity in England and Wales. The address of the charity is Comforth House, 66 - 70 High Slreet, Comforth, County Durham. DL17 9HS. 1.1 Accounting convention The financial statements have been prepared in accordance with the Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. fFRS 102? and the Charities SORP 'Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their ac¢ounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" leflective 1 January 20191. The charity is a Public Benefft Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounls in these financial statements are rounded to the nearest £. The financial ststements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concern At the lime of approving the financial statements, the trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existen for the foreseeable future. Thus the truslees continue to adopt the going ¢oncem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Designated funds comprise funds which have been set aside at the discretion of the Irustees for specific purposes. The purposes and uses of the designated funds are set oul in the notes to the financial statements. Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes lo the financial slatemenls. 1.4 Income Income is recognised when Ihe charity is legalty entilled to it after any perfomiance conditions have been met. the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performan conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenanl is recognised at the time of the donation. Legacies are recognised on re[pt or otherwise if the charity has been notrfied of an impending distribution, the amount is known. and receipt 15 expected. If the amount is not known. the legacy is treated as a contingenl asset. Donated services and facilities are included at the value lo the charity, being the amount the charty would have been willing io pay to obtain SeiceS or facilities or equivalent emnomic benefit on the open market. Income from grants, where related to performance and specific deliverables, are aw)unled for as the charity earns the right to consideTation by its performance. 15-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Ac¢ounting pollcios (Continued) Investment income is included when receivable. 1.$ Expenditure Expenditure 15 recognised on 8n accruals basis as a liabilty is incurred. Expenditure includes any VAT which cannot be fully iecovered, and is reported as part of the expenditure to which it relates.. Costs of raising funds comprise the costs associated with attracting donations, grants and legacies and the costs of trading for fLJndraising purposes. Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. 11 includes both costs that can be allocated directly lo such aclivilies and those cosls of an indirect nature necessary to support them. Other expenditure includes all expenditure that is neither related to raising funds for the charty nor part of its expenditure on charitable adivities. All costs are allocated beeen the expendilure categories of the SOFA on a basis designed to rellect the use of Ihe resource. Costs relating io a particular activity are allocated directly, support costs are allocated in proportion to lh8 direct costs of each project. 1.6 Propety, plant and equipment Fixed assets are slated at cost less ac¢umulaled depreaalion. The costs of minor additions or those costing below £500 are not capitalised. Depreciation is recognised $0 8$ to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Freehold land and buildings Leasehold improvements Furnilure & Equipment Motor vehicles Not depreciated Straight line over the tèmi of the lease Straight line over 3 or 5 years120°h reducing balance Straight line over 3 years The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset. and is recognised in the statement of financial activilies. The residual value of the freehold land and buildings is believed to be in excess of the original cosl. 1.7 Impaimient of non-current assets A review of indicator5 of impairment is carried out at each reporting date, wilh the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount. Ihe asset s impaired accordingly. Prior impaiiments are also ieviewed for possible reversal at each reporting date. 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks, other short-lerm liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financlal In$tNments The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments IssLJes' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes paty to the contractual provisions of Ihe instrument. 16-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting pollcles (Continuèd) Basi¢ financlal assets Basic financial assets, which include trade and othef receivables and cash and bank balan$, are initially measured at transadion price including transaclion costs and are subsequenlly carried at amortised cost using the effeclive intèrest method unless the arrangement conslitLrtes a financing transaction, where the Iransaction is measured at the present value of th8 future receipts discounted at a market rate of interest. FinancAal assets classified as receivable within one year are not amortised. Basic linan¢ial liabllities Basic financial liabilities, including trade and other payables and bank loans are Initially recognised at transaction price unless the arrangement constilutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted al a market rate of inter8st. Financial liabilities classified as payable within one year are not amortised. Trade payables are obligations to pay for goods or services that have been acquired in the ordinary ¢ourse of operalions from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recogni5ed initially at transaction price and subsequenlly measured at amortised cost using the effedive interest method. 1.10 Taxation The company is considefed to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Acl 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the company 15 potentially exempt from taxation in respect of income or capital ggins received within categories covered by Chapter 3 Part 11 cf the Corporation Tax Act 2010 or Section 256 of the taxation of Chargeable Gains Act 1992, to the extent thal such income or gains are applied exclusively to charitable purposes. 1.11 Employee beneflts The cost of any unused holiday entillemenl is recognised in the period in which the employee's Seice$ are received. Temiinalion benefits are recognised immediately as an expense when the charity is demonstrably committed to temiinate the employment of an employee or to provide termination benefits. 1.12 Retirement beneflts Payments to defined contribution retirement benefit schemes are charged as an 8xpense as they fall due. Critical a¢¢ountlng e8tirnate8 and judgements In the application of the charity's accounting policies, the trustees are required to make judgement5. estimates and assumptions about the carrying amounl of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on hi5tori¢al experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The eslimales and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. Llmited by Guarantee The company is limiled by guarantee. At 31st March 2025 there were 8 members each of whom had undertaken to contribule an amount not exceeding £1 in the event of a windin9 UP. 17-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacie8 Unrestricted Restricted fund$ funds 2025 2025 Totsl Unre5tricled Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts Grants 50 22,715 50 52,921 1.905 14,548 1.905 59.355 30.206 44.807 22.765 30,206 52,971 16,453 44,807 61,260 Grants The Neighbourly Foundation Cornforth Parish Council County Durham Foundation Durham Community Action Virgin Foundation Durham County Council Sedgefield Charities Ballinger Trust EDRC Gre9gs Trust 5,250 6.000 5,250 6,000 6,000 6,000 1,500 1,500 (1.702) (1.702) 5.000 5,000 15,000 28.291 1,516 15,000 28.291 1.516 215 15,000 34 249 15,000 14,372 15.800 14,372 15,800 22,715 30.206 52,921 14.548 44.807 59.355 18-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income Irom ch&rbtable Ktlvili F•mlll¢s & Rural H•allh & Tralnlng & YouD9 Transport W•ll1th9 Educatlon Pèopl6 P*rtner71hlp TryLlf¢ Oth•r Lott•ryin¢om8 from charltabl• Totsl Totil 2026 2025 2025 2U25 2¢26 2026 2025 2024 charitab actl¥ttks 300,044 25.164 305.230 137.500 18,509 860,851 611,314 Anatysls bylund unre5trKI fund5 Re5trisled furtds 25,164 16.900 1.609 42.C64 838,787 26,509 584.8 300.044 94,404 305.230 137.SQQ 300,044 25.164 94,404 305.230 137.500 16.509 a80.851 611,314 19-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 In¢0m¢ from Ghirll•bl• actlvttl IContlnu•dl Prtvlo year: Fmllles & Rural Young Tran¥port Wellbging Ellucatlon Peoplg Prtnèrship TryLlle Other Lotterylncome frorn chartl*ble Total 2024 2024 2024 2024 2024 2024 2024 Chari18bkactrt8 210,307 18.652 68.378 118.549 187.000 8.428 611,314 Analy515 ty lund Unieslricted fvnds Resmed fund¥ 212 210,095 18.652 BO 118,469 7,565 863 26.509 584.805 6B,378 187,000 210.307 19.652 68,378 118,545 187,000 8.428 611,314 20.
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from invastments Unrestricted Unrestricted funds funds 2025 2024 Interest rec£ivable 398 425 Other income Unrestricted Unrestricted funds funds 2025 2024 Other income 5,000 5,000 Expenditure on raising funds Unrestri¢ted Unrestrictsd funds funds 2025 2024 Fundraising and publlclty Seeking donations, grants and legacies 18,132 17.394 21
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Families & Rural Hoalth & Tralnlng & Young Transport Wellbeing Education People Partnership 2025 2025 TryLlfe Lottery Total 2025 202S 2025 2025 Direct costs Staff costs Charitable expenditure 203.675 61,281 8.208 10.215 37.467 28,820 108,712 80,811 358,062 324.227 143,100 264,956 18.423 66,287 189,523 143,100 682,289 Share of support and governance costs (soe note 10) Support 41,579 4.340 12,425 38,035 96,379 306,535 22.763 78.712 227.558 143,100 778.668 Analysis by fund Unrestricted funds Restricted funds 31,289 275,246 21.689 1,074 9.350 69,362 28.622 198,936 90,950 687,718 143,100 306,535 22,763 78.712 227,558 143.100 778,668 -22-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 AIARCH 2025 Expon¢Jlture on Cha1•b •¢¢lvlll•A Icorbtlnuedl Prevlous y88r. Famlllaa & RUMI H88kh & Tralnlng & Young Transport Wellbolng Educ•tioii P•opte P*rtnèrshlp 2024 2024 TryLlf Olhei LDtt8ry acllvltbo¥ Total 2024 2024 2024 2024 2024 Dlr•ct ¢osty St8ff coats Chwitable expendtture 164.122 52,073 4.394 7,SY6 48,542 33,390 56,899 65,123 273,957 26e.334 109,538 624 216,195 11.980 81,932 122.022 109,538 624 542.291 Share of supportand ¥•fanO ¢05ts l$•• note 101 Suppjrt 37.6 2,083 14,249 21,221 75,153 253,795 14.063 ,181 143,243 109,538 624 617.444 Anatysls by fvnd Unrestrth1 funds 35.522 218.273 13.948 115 13.461 82.720 20.048 123,195 82.979 4.465 1,539 624 2S3.795 14.063 96,181 143,243 109,538 624 617,444 -23-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Support Costs allocated to activities Familles & Young People Rural Transport Partnership 2025 Health & Wellbeing Training & Education Totsl Total 2025 2025 2025 2026 2024 Staff Costs Depreciation Premises Costs General office Finance costs Olher costs 27,877 394 5,134 4,29e 1,486 2,392 2,910 41 536 448 155 250 8,330 118 1,534 1,284 444 715 25,500 361 4,697 3,929 1,359 2,189 64,617 914 11.901 9,957 3,444 5,546 52,017 1,183 10,097 4,256 5,587 2,013 41,579 4.340 12.425 38,035 96,379 75,153 11 Net movement in fundg 2025 2024 The nel movemenl in funds is staled after chargingl(crediting)-. Fees payable for the independent examination of the charity's financial slatements Depreciation of owned prop8rty, plant and equipment 2,220 914 2.850 1,183 12 Trustees None of the trustees (or any persons connected with them) received any r8muneration or benefits from the charity during the year. 13 Employees The average head count of employees during the year was 23 (2024= 19), The average number of full-time equivalent employeas during the year is analysed as follows: 2025 Number 2024 Number Number of admin staff Nurnber of management staff Number of project staff 12 Total 14 -24-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 13 Employee• (Continued) Employment ¢08ts 2025 2024 Wages and salaries Social security costs Other pension costs 387,688 26,500 8,491 299,426 20,204 6.344 422,879 325,974 There were no employees whose annual remuneration was more than £60,000. Remuneration of key management personnel The remuneratron of key management personnel was as follows.. 2025 2024 Aggregate compensation 104,038 98,378 14 Taxation The charity is exempl from taxation on its activities because all its income is applied for charitable purposes. 15 Property, plant and equipment Frgghold land Lga¥ghold and bulldlngs Improvements Furnltur9 & Equlpment Motor vehicles Tolal Cost At 1 April 2024 Disposals 45.893 102.937 64,139 (49,226) 66.734 279.703 (49.226) At 31 March 2025 45,893 102.937 14.913 66,734 230,477 Depreciation and impairnient Al 1 April 2024 Depreciation charged in the year Eliminated in respect of disposals 102.937 60,929 914 (49,226) 66,734 230,600 914 (49.226) Al 31 March 2025 102.937 12.617 66,734 182.288 Carrying amount At 31 March 2025 45,893 2,296 48,189 At 31 March 2024 45,893 3,210 49,103 -25-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 16 Trade and other receivables 2025 2024 Amounts falling due within one year: Trade receivables Other receivables Prepayments and accrued income 22,984 199 7,139 7,304 402 25,653 30,322 33,359 17 Current liabilities 2025 2024 Note8 Deferred income Trade payables Accruals 18 36,888 5,582 10,221 5,773 11,696 17,469 52,691 18 Deferred income 2026 2024 Other deferred income 36,888 Deferred income is Included in Ihe financial statements as follows.. 2025 2024 Deferred income is induded within.. Current liabilities 36,888 Movemenls in the year.. Deferred income at 1 April 2024 Released from previous periods Resources deferred in the year 36,888 (36,888> 36,888 Deférred income a131 March 2025 36.888 19 Retirement benefit schomos 2026 2024 Defined contribution schem98 Charge to profit or loss in resped of defined contribution schemes 8,491 5,784 26-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 19 Rotirement benefit schemes (Continued) The charity operates a defined contribution pension scheme for all qualifying employees. Th8 assets of the scheme are held separately from those of the chariiy in an independently administered fund. -27-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restricted funds The restricted funds of the charily comprise the unexpended balances of dcnalions and grants held on trust subject to specific conditions by donors as to how they may be used. At 1 Aprll In¢oming 2024 resources Resource8 expended Transfern At 31 March 2025 Wirgin - Running Costs Big Lollery- Supporting Communities EDRC Youth Links GAMP New Horizons EDRC Girl Empowerment Luncheon Club Spennymoor Baby- Ready or Not School Holiday Activities Durham Police MOJ BASH Get Connected EDRC Feeding Ihe Community PCP Happiness Hubs Sedgefield Charities Other restricted funds Spennymoor AAP Reach Livin Employability Durham Directions Livin Pier CDCF NHS Welfare Fund Spennymoor Helping Hands AAP Secret to Happiness AAP Get Active Ballinger Trust Ballinger Newton Aycliffe AAP Youth Club PCP Mental Health Resilience Livin Youth Natwork Youth Clubs Lottery Helping Hands AAP Active Communilies Neighbourly Fund CDCF Household SF Lottery Cost of Living Lottery Employability DCC You Do You TryLife - Loltery Greggs Core Costs EDRC Football 5vies 8,750 (8,750) 10,670 10,137 9,052 10,000 13,582 110,390 (103,106) (10,137) {9,052) (260) (21.59ei (12,393) 5.561 (1,053) 3,410 8.687 17,233 21,837 3,534 272 (384) 4.120 2.598 13,428 88 2,028 525 930 1,381 1,447 1,960 3,857 4,150 40 11.121 28,291 5,948 4,890 2,056 6,320 5,145 2,600 3.352 {586) {13,771) (39,204) (85) (1,578) (525) (8131 (2,547) (1,447) <211 14,862 40,162 (3,417) (14,770) 450 151 34 1.610 (757) 1,182 3,857 2,517 40 (1,633) (11,121) (8,674) (5,9481 (1 ,6581 (5,472) (4,957) {49,056) 19,617 13,232> 5,472 2,056 11,363) (5,487) 48,690 (708> 2,600 1,344 1,746 23,134 57 (3,754) (20,4851 (11,655) (1,450) (23,8111 (1,145) 332 (1,500) 11.5601 11,268 2,958 26,000 629 3,424 47.348 34,131 42,362 2,231 14,372 3,424 (552) (26) 71,462 163,457 84,537 137,500 15,800 14,372 (103,819) (48,053) (143,100) {11,819) (11,9381 (2,327) (23,500) (1,760) 214,465 Can7ed fOard 256,998 709,680 (660.9931 (91,200) 28-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restricted funds (Continued) At l April 2024 In¢omlng Resources sources expended Transfers At 31 March 2025 8rought foNard Durham Constabulary Youth Provision AAP Youth Network AAP Supporting Families Livin, School Holidays Community FLtnd Feeding the Communty DCA Stop Smoking AAP Living Well Happiness Hub Virgin Digital Support 256,998 709,660 (6eo,993) (91,200) 214,485 38,888 19.836. 19,996 2,000 {10,749} {5,811) 26,139 14,225 19.996 2,000 19,917 5.000 17,457 7,003 31,236 (10,365) (1,950) (4,350) 7.602 650 17,457 7,003 31.236 256,998 868.9g3 (687,718) (97.500) 340.773 Previous year.. Incoming resources Resources expended Transfers At 31 March 2024 2023 Wirgin - Power to Change Virgin- Running Costs Big Lottery- Supporting Communities Community Links 4 Tog OPSIF Believe H. Food & Fuel EDRC Youth Links Sport England Together Fund GAMP New Horizons EDRC Girl Empowerment CDCF Reach Luncheon Club Durham Police Commissioners Domestic Abuse Spennymoor Baby- Ready or Not School Holiday Activities Durham Police MOJ BASH Get Connected EDRC Feeding the Communily PCP Happiness Hubs Power to Change Silverdale Livin 2,675 (2,6751 15,000 (6,250) 8.750 30,646 21,966 544 151 21,396 4,208 14.917 10.000 837 746 108,536 490 <114,170) (22,456) (382} (2D4) (8,962) (4,2D8) (4,600) (14,342) 10,670 {162) 53 12,297) 10.137 11,265) 9.052 10,000 {837> 22,485 (9,158) 1491) 13.582 221 (221) 4,128 3.738 12,788 9,643 19,382 5.827 7,166 2,042 (8) {8.9691 (24.2711 (8,8731 (15.4391 (4,3021 (3,7911 4,120 2,598 13.428 88 2.028 525 8.790 38,060 29 (961) (13,149) (711} (1,915) 11.000) 13,375) 12,042) Carried foManl 173,021 192,553 (232.689) (47,907) 84,978 -29-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 20 Restricted funds (Continued) At 1 April 2023 Incoming Resources resources expended Transférs At 31 March 2024 BKiught fOa Sedgefield Charities Other restricted funds DCC CLLD Reach Awards for All - CLLD Spennymoor AAP Reach Livin Employability Durham Directions GAMP F. Support Livin Pier CDCF NHS Welfare Fund Spennymoor Helping Hands ALDI Winter Fund AAP Secrel to Happiness AAP Get Active Ballinger Trust Ballinger Newton Aycliffe AAP Youth Club PCP Mental Health Resilience Livin Youth Network Youth Clubs Lottery Helping Hands AAP Active Communities Neighbourly Fund CDCF Household SF Lottery Cost of Living Lottery Employability DCC You Do You TryLife - Lottery 173,021 253 1,782 1,121 1,443 2.999 4,796 7,180 9,752 3,254 274 24,901 1,000 192.553 1,516 863 (1.121) (232,689) (839) (1,264) (47,907) 84.978 930 1.381 (1,443) (1,552) 1,447 1,960 3,857 {2.838) (2,659) 36,051 (36,715) (9,752) (1,146) (3,234) (11,107) (1,053) 2,042 4,150 40 11.121 3.000 (2,673) 53 28,291 9,134 10,000 2.260 6.420 20,411 2,600 3.500 24.192 21,566 3.000 18,500 59,876 28,291 5,948 4,890 2,056 8.320 5,145 2.600 3,352 {3,188) (5,110) (2.260) (100) (13,696) 2,056 (1,570) (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 (6,000) 231.776 629,612 (534,465) (69,925) 256,998 -30-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Rostricted funds (Continued) The restricted funds are for the following purposes: Virgin Running Costs - To support the core running of The Comforth Partnership. Big Lottery Supporting Communities - Provide stjpport to older people in Cornforth and Bishop Middleham in order to rèduce their social isolation. increase their heatth and wellbeing and increase volunteer opportunities. EDRC Youth Links - Increase the number of qualified youth work staff WFlhin Ihe AAP to support the delivery of traditional youth work and its values. GAMP New Horizons Newton Ay¢liffe. Provide dedicated youth work and support lo tackle anti-social behaviour wilhin EDRC Girl Empowerment - To empower young girls with the skills and knowledge lo make healthier Choices when it comes to relalionships. Luncheon Club - Weekly lunch club for elderly residents. Spennymoor Baby Ready or Not- To provide bespoke Sex and Relationships workshops within Spennymoor. School Holiday Aclivities - Money from AAP, Bishop Middleham Parish, Comforth Parish. Durham Police MOJ - Dedicated provision for female suivivors of Domestic Abuse. BASH Get Connected- Partnership project with Jubilee Fields Community Association in order to tackle social isolation amongst older people. EDRC Feeding the Community - Provide affordable hot lunches to older people living in food poverty. PCP Happiness Hubs - Sustain community led provision in order to improve adult health and wellbeing. Sedgefield Charities - Support for individual families in need, to purchase items such as school uniforms. white goods. Spennymoor AAP Reach - Employment and Training Support for residents within Spennymoor Area Action Partnership. Livin Employability - Employment and Training Support for Livin tenants and residents living in westem area of Newton Aycliffe and Jubilee Fields of Shildon. Durham Directions Durham. Bespoke employment and training support for NEET young people across County Livin Pier- Youth Work interventions to support the reduction ofASB in the Westem Area of NeOn Ay¢liffe. CDCF NHS Welfare FLsnd - Provide cash grants of E100 to those residents facing financial hardship which is having a negative impact on their heallh and wellbeing. Spennymoor Helping Hands - Provide dedicated Information advice and Guidance to support vulnerable residenls facing financial hardship within Spennymoor, in order to make positive change and move closer to the employment market. AAP Secret to Happiness - Capital inveslmenl to create a new eco space and communty facility to the rear of number 66 as well as providing access to food. AAP Get Active - Pilot projed supporting adulls and young people within the local community to improve their h8atth and wellbeing, through engagement in social and fitness activities including the community Gym. 31
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restricted funds Icontinuedl Ballinger Trust - Running costs to sustain and add value to youth work and youth clubs in Cornforth and Newton Aycliff8. Ballinger Newton Aycliffe - Continuation of Youth Work provision in N&wion Aydiffe. AAP Youth Club - Continuation of Youth Club Provision in Cornforth. PCP Mental Health Resilience - Employment of Mo peer support workers to support local people living with poor mental health. as part of the County Durham mental heahh transformation. Livin Youth NeOrk - Detached Youth Work in Newton Aycliffe to reduce ASB. Youth Clubs Middleman. Financial support to aid the continuation of our youth club sessions in Cornforth and Bishop Lottery Helping Hands - Support for vulnerable families and Survivors of domesticAbuse. AAP Active Communities - Supporting Older people to reduce their iso18tion, and increase their physical health through their engagement in in community led social activities. Neighbourly Fund - Kitchen upgrades and distribution of foods to those in need. CDCF Household SF - Monies to r8duce the poverty local people face due to the cost of living crisis. Local people can access monies for clolhing, food, fuel and white goods. Lollery Cost of Living - Monies to support individuals within the communty thought th8 ryjrrent ttist of living crisis to access emergency food and fuel, as well as monies to upskill staff and carry out some capital improvements within the building, Lottery Employability - Employability, training and wellbeing support for residents across County Durham. DCC You Do You - Contracted NEET provision for young people in County Durham. TryLife Lottery - Partnership project bringing the TRYLIFE project to Couniy Durham and utilising online resources to reduce young people's engagement in risk taking behaviour. Greggs Core Costs - To support specific operating costs of The Cornforth Partnership. EDRC Football 5vies- Providing sporting opportunities for young people in Trimdon Communities. Durham Constabulary Youth Provision people. To improve acSS to leisure and leaming opportunities for young AAP Youth Nelwork - Providing Youth Work opportunitie5 and youth voice service in Comforth, Chilton, Ferryhill and Bishop Middleham. AAP Supporting Families - Providing support and guidan to farnilies in order to relieve the pressures faced due to the c05t of living crisis. Livin, Sthool Holidays - Providing sports Crafts sessions with food for children during the school holiday period lo la¢kle holiday hunger. Community Fund Feedin9 the Community - Provide Hot meal delivery seNice and community food event5 for local people. DCA Stop Smoking - Provide wellbeing activities and supporl to aid people on their smoke free joumey. 32-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 20 Restrictsd funds (Continued) AAP Living Well - Prcvide support to older residents in order to help them to improve their Health and Wellbeing. Happiness Hub - Providing social opportunities for local people to connect in Iheir local communities. Virgin Digital Support - Providing dedicated support for local peopte to get cnline and aCsS digital services aryoss County Durham. Other restricted funds - Other small restricted fvnding. Active in prnvious year ofFIy.' Wirgin Power to Change development of the CEO. To support the charity's fulure sustainability and to support the professional Community Links To support vulnerable families lo increase their financial resilience, incr8ase their skills and employability opportunitie5, through engagement with local schools. 4 Tog OPSIF- Employm8nt and family mentoring support to families in need in the local community working in partnership with schools and the One Poinl Service. Believe H. Food & Fuel - To provide emergency food and fuel parlS lo those in need. Sport England Together Fund To provide a new youlh dub with a focus on sports for young people aged 14 in Comforth and surrounding Communities. Durham Police Commissioners Domestic Abuse - Funding to support our delivery of Domestic Abuse and to cope wilh the increased demand due to the COVID 19 Pandemic. Power to Change - To fund specific operating costs of The Cornforth Partnership. Silverdale Livin the area. Youth work project running from the "ARK" Silverdale place as part of Livin regeneration of DCC CLLD Reach- Bespoke employment and training support in Bishop, Shildon and Spennyrnoor. Awards forAII CLLD- Employrnenl and Training support for residents within Ihe south of County Dutham. GAMP F, Support - Support for vulnerable families and individuals with the Aycliffe Area, to help build resilienc£ a community cohesicn. ALDI Winter Fund - Provide emergency food parcels to those in need. -33-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 21 Unrestricted funds The unrestricted funds of the charity Cfjmprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which havé been set aside out of unrestricted funds by the trustees for spe¢ific purposes. At 1 April 2024 In¢omlng Resources reSoUe9 expended Transfern At 31 March 2025 General Fund Capital Fund Rural Transport Partnership General Maintenance 54,673 45,599 10,030 6,978 45,124 <88,3041 (914) (19,450) (414) 97,500 108,993 44,685 15,683 6.564 25,103 117,280 70.227 (109,082) 97,500 175,925 Prevlous year: At 1 Aprll 2023 Incoming Re8our¢es resources expendèd Transfers At 31 March 2024 General Fund Capital Fund Rural Transport Partnership General Maintenance 48,154 47,296 3,836 55 17,741 (81,1471 (1,6971 (13,0711 (4,468) 69,925 54,673 45,599 10,030 6,978 19,265 11,381 99,341 48.387 (100,373) 69,925 117,280 The Capital Fund holds all red assets which may be used without restriction to further the charity's objectives. The following specific project funds hold all earned income from the particular project. The trustees have decided that this income will be set aside for future costs of the project.. The Rural Transport Partnership fund holds income eamed from community transport. Th8 General Maintenance funds as a designated knnd to put aside money for general maintenance Costs. The General Fund holds all other unrestricted monies. -34-
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Analy$i8 of net a88ets between funds Unrestricted funds 2026 Restrlcted funds 2025 Total 2025 At 31 March 2025: Property, plant and equipmènt Current assetsl(liabilities) 48,189 127,736 48,189 468,509 340,773 175,925 340,773 516fi98 Unreslri¢tsd funds 2024 Restricted funds 2024 Total 2024 At 31 Mar¢h 2024: Propety, plant and equipment Current assetsllliabilities) 49,103 68,177 49,103 325,175 256,998 117.280 256,998 374,278 23 Transfers Between Funds During the year £97,500 was transferred from restricted to unrestricted funds. This was made up as follows 2025 Project management fees Project staffing fees Project admin. photocopying and room hire income from projects Contribution to overheads from Lottery project Contribution to overheads by Virgin Foundation grant 48,797 200 25.205 14.548 8.750 97.500 24 Operating lease commitments Lesseè At the reporting end date the Charity had outstanding commitments for future minimum leas8 payments under non-cancellable operating leases, which fall due as follows.. 2025 2024 Wilhin one year Belween Iwo and fNe years 2,638 2,254 1,691 3,118 3,945
THE CORNFORTH PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 25 Related party transactions Included in expenditure on charitable activities is £9,564 (2024 - £5,725) relating to services provided by West Cornforth & District Community AssoGialion. Mrs H P Drew. MrA Hodgson & Mrs S Traynor, trustees, are all trustees of Wesl Comforth & Districl Community Associalion. The Management Committee includes representatives from local councils, organisalions and businesses. A number of these bodies are currently funders of the charity. but any payments to them are in the normal course of busine5S. 26 Cash generated from operatlons 2025 2024 Sutplus for the year 142,420 43,181 Adjusbnents for: Investment income recognised in sLitement of financial activities (Gain)Iloss on disposal of property. plant and equipment Deprecialion and impairnienl of property. plant and equipment (398) (425) 514 1,183 914 Movements in working ¢apital: Decreasel{increase) in trade and other receivables Increase in trade and other payables {Decrease)lincrease in deferred income 3.037 1.666 (36.888) (13.307) 500 36,888 Ca$h generated from operations 110,751 68,514 27 Analysis of changes in net funds The charity had no material debt during the year. -36-