Registered number 03438262
Beighton Community Partnership
Report and Accounts
31 March 2025
Charity Commission No 1075572
Beighton Community Partnership Report and accounts as at 31 March 2025
| Page | |
|---|---|
| Company Information | 1 |
| Trustees' Report | 2 |
| Accountants' Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Accounts | 7 |
Beighton Community Partnership Company Information as at 31 March 2025
Tracy Higginbottom (Chairperson) Keeley Piggot Laurence Hayward Jonathan Ball Nicola Johnson Felicity Blincow
Accountants
First Accountancy 52A High Street Beighton Sheffield S20 1ED
Bankers
Nat West 5 Market Place Chesterfield S40 1TW
Registered office
52A High Street Beighton Sheffield S20 1ED
Registered number 03438262
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Beighton Community Partnership Trustees' Report
as at 31 March 2025
Directors
The Trustees by law are required to prepare Financial Statements for each financial period which give a true and fair view of the state of affairs of the trust and of its surplus or deficit for the period. In preparing the Financial Statements, the trustees are required to:
i select suitable accounting policies and then apply them consistently ii make judgements and estimates that are reasonable and prudent iii prepare the Financial Statements on the going concern basis unless it is inappropriate to presume that the trust will continue to operate.
The trustees are responsible for the keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the Trust and to enable them to ensure that the Financial Statements comply with Part 15 the Companies Act 2006. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Development and Activities
The Partnership was incorporated on 23 September 1997 and is regulated by its Memorandum and Articles of Association. The liability of members is limited to a sum not exceeding £1.
Charitable status was granted on 19 May 1999.
The liability of members in the event of the partnership being wound up is limited to a sum not exceeding £1.
The Objectives of the Trust
The objectives of the partnership are to develop and support the economic, environmental and social regeneration of the Beighton and Sothall area. In pursuance of its main objectives, it aims to establish a number of projects which will contribute to the economic and social fabric of the area.
The trustees are elected annually and serve for one year and receive no remuneration.
Review of Transactions
Income totalled £37,986 expenditure was £59,756 and resulting in a deficit of £21,770
Resources
The accounts reflect the recommendations of the SORP "Accounting by charities". The partnership's assets are considered sufficient to meet its obligations.
Small company special provisions
The report of the directors has been prepared in accordance with the special provisions in Part 15 of the Companies Act 2006 relating to small companies.
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Beighton Community Partnership Trustees' Report
as at 31 March 2025
Audit Exemption
Auditors have not been appointed as for the period ended 31 March 2025, the partnership was entitled to the exemption conferred by Part 15 of the Companies Act 2006.
This report was approved by the board and signed on their behalf:
T Higginbottom Director
3
Beighton Community Partnership Accountants' Report as at 31 March 2025
Accountants' report on the unaudited accounts to the directors of Beighton Community Partnership
As described on the balance sheet you are responsible for the preparation of the accounts for the year ended 31 March 2025 set out on pages 5 to 6, and you consider that the company is exempt from an audit under part 15 of the Companies Act 2006. In accordance with your instructions, we have complied these unaudited accounts in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.
First Accountancy
52A High Street Beighton Sheffield S20 1ED
31 January 2026
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Beighton Community Partnership Statement of Financial Activities as at 31 March 2025
| INCOMING RESOURCES Cost of sales Depreciation NET INCOMING RESOURCES FOR THE YEAR Total Funds Brought Forward Fund Balances Carried Forward at 31 March 2025 |
2025 £ 37,986 59,429 317 - 21,770 46,248 24,478 |
2024 £ 46,471 15,474 317 30,680 15,568 |
|---|---|---|
| 46,248 | ||
All amounts relate to continuing activities.
There have been no recognised gains or losses, other than the results for the financial period, and all profits and losses have been accounted for on an historical cost basis.
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Beighton Community Partnership Balance Sheet as at 31 March 2025
| 2025 | 2024 |
|---|---|
| £ | £ |
| Fixed Assets Tangible Fixed assets CURRENT ASSETS Debtors Cash at Bank and in Hand CREDITORS Amounts falling due in one year NET CURRENT ASSETS NET ASSETS FUNDS: General Fund |
632 632 21,453 21,453 - 21,453 22,085 22,085 |
632 632 21,453 21,453 - 21,453 22,085 22,085 |
949 949 45,299 45,299 - |
45,299 46,248 |
||||
|---|---|---|---|---|---|---|---|---|
| - | ||||||||
| 22,085 | 46,248 |
The directors are satisfied that the company is entitled to exemption under Part 15 of the Companies Act 2006 and that no member or members have requested an audit pursuant to Part 15 of the Act.
The directors acknowledge their responsibilities for:
(i) Ensuring that the company keeps proper accounting records which comply with Part 15 of the Companies Act 2006.
(ii) Preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of Part 15 of the Companies Act 2006, and which otherwise comply with the requirements of this Act relating to accounts, so far as applicable to the company.
The accounts have been prepared in accordance with the special provisions relating to small companies
T Higginbottom
Approved by the Directors and Trustees and signed on their behalf by the above.
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Beighton Community Partnership Notes to the Accounts as at 31 March 2025
1 ACCOUNTING POLICIES
Basis of Accounting
The statement of accounts have been prepared, in accordance with the provisions of the Companies Act 2006 and applicable accounting standards. Where necessary the heading laid down in the Companies Act have been adapted to meet the special activities of the trust. The trust qualifies as a small company under Companies Act 2006 and the trustees have elected to take advantage of the exemption under FRSI not to prepare cash flow statement.
Income
Donations and legacies are accounted for when received by the charity. Other income is accounted for on accruals basis as far as it is prudent to do so. Income includes income tax recoverable.
Gifts in Kind
The charity receives the benefit of work carried out by volunteers, and receives the use of facility and equipment without charge. No value is placed on these items, where the benefit extends over several periods, in which case they are valued and included in the balance sheet at a reasonable valuation.
Grants
Revenue grants are credited to the statement of Financial Activities as received, unless related to a specific period, when they are placed in a restricted fund until used.
2 CAPITAL GUARANTEE
The company is limited by guarantee and does not have a share capital, therefore a reconciliation of Movement of Shareholders funds, which would otherwise be required by FRS3 is not appropriate.
Every member of the company undertakes to contribute to the assets of the company in the event of its being wound up while he/she is a member, or within one year thereafter, for payment of the company's debts and liabilities such amount as may be required not exceeding £1.
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