Keyham Community Partnership Limited
Charity No. 1075648
Company No. 03266180
Trustees, Report and Unaudited Accounts
31 March 2024

Keyham Community Partnership Limited
Contents
Pages
Trustees, Annual Report
Summary Income and Expenditure Account
Balance Sheet
Notes to the Accounts
5t08
Detailed Statement of Financial Actlvities
9t010
Page 1

Keyham Community Partnership Limited
Trustees Annual Report
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006.
present their report with the unaudited financial statements of the charity for the year ended 31
March 2024.
REFERENCE AND ADMINISTRATIVE DETAILS
Company No. 03266180
Charity No. 1075648
Registered Office
Froebel House
100 Granby Street
Devonport
Plymouth
PL14BN
Directors and Trustees
The Directors of the charitable company are its Trustee5 for the purposes of charity law.
The following Directors and Trustees served during the year..
R.M.P. Brooke
G.A, Marsh
M,A. West
Company Secretary
S. Lewis
Accountants
Mayers
33 Mary Seacole Road
The Millfields
Plymouth
PL13JY
STRUCTURE, GOVERNANCE AND MANAGEMENT
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company,
limited by guarantee, as dedined by the Companies Act 2006
The Trustees are responsible for keeplng proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charity and to enable them to ensure that the financial statements
comply with the Companies Act 2006. The Trustees are also responsible for safeguarding the assets of the
charity and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.
The above report has been prepared in accordance with the provisions applicable to companie5 subject to
the small companies regime as set out In Part 15 of the Companies Act 2006 and in accordance with the
Charities SORP (FRS 102).
Signed on be
alf of the board
M.A. West
Trustee
14 June 2024
Page 2

Keyham Community Partnership Limited
Statement of Financial Activities
for the year ended 31 March 2024
Unrestricted
funds Total funds Total funds
2024
2024
2023
Notes
Income and endowments
from..
Charitable activities
Other trading activities
Investments
30,421
327,916
2,746
30,421
327,916
2,746
33,058
255,435
641
Total
361,083
361,083
289,134
Expenditure on:
Charitable activities
Other
4,301
323,536
4,301
323,536
6,908
250,614
Total
327,837
327.837
257,522
Net gains on investments
Net income
33.246
33,246
31.612
Transfers between funds
Net income before other
gains/(losses}
33,246
33,246
31,612
Other gains and losses
Net movement in funds
33,246
33,246
31,612
Reconciliation of funds:
Total funds brought forward
343,630
343,630
312,018
Total funds carried forward
376,876
376.876
343,630
Page 3

Keyham Community Partnership Limlted
Balance Sheet
at 31 March 2024
Company No. 03266180
Notes
2024
2023
Flxed assets
Tangible assets
57.808
57,808
62,513
62.513
Current assets
Debtors
Cash at bank and In hand
10
50,000
280,189
330.189
{11,121)
319.068
50,502
244.123
294,625
(13,508)
287,117
343,630
343.630
Creditors: Amount falling due within one year
Net current assets
11
Total assets less current liabilities
376,876
376,876
Net assets excluding pension asset or liablllty
Total net assets
376,876
343,630
The Funds of the charity
Restricted funds
Unrestricted funds
General funds
376,876
343,630
376,876
343,630
Reserves
Total funds
376,876
343,630
These accounts have been prepared in accordance with the special provisions of Part 15 ofthe Companies
Act 2006 relatlng to small companles.
For the year ended 31 March 2024 the company was entitled to exèmptson under section 477 of the
Companles Act 2006 relating to small companles.
The member5 have not requlred the company to obtaln an audit In accordance with section 476 of the
Companies Act 2006.
The diTectors acknowledge their responsibllitie5 for complylng with the requirements of the Companies Act
2{￿)6 with respect to accountlng records and the preparation of accounts.
Approved by the board on 14 June 2024
And slgned on its behalf by:
G.A. Marsh
Trustee
14 June 2024
Page 4

Keyham Community Partnership Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities:
Statement of Recommended Practice applicable to charities preparing thelr accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective 1
January 2015) (Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and
Republic of Ireland {FRS 102) and the Companies Act 2006.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Tangible fixed assets and depreciation
Depreciation is provided at the following annual rates in order to write off each a55et over its estimated
useful life:
Freehold property
Fixtures, fittings &
equipment
5'h Stralght line
20% Straight line
2 Income from charitable activities
Unrestricted
Total
Total
2024
2023
Charitable activities
30,421
30,421
30,421
30,421
33,058
33,058
3 Income from other trading activities
Unrestricted
Total
2024
Total
2023
Management and
administration
327,916
327,916
251,858
Expense recharges
3,577
255,435
327,916
327.916
4 Income from investments
Unrestricted
Total
Total
2023
2024
Deposit account interest
2,746
2,746
2.746
2,746
641
641
Page 5

Keyham Community Partnership Limited
Notes to the Accounts
5 Expenditure on charitable activities
Unrestricted
Total
2024
Total
2023
Drake foundation
KCP Keystone CIC- vulnerable
children
4,384
4,301
4,301
2,524
4.301
4,301
6,908
6 Other expenditure
Unrestricted
Total
2024
Total
2023
Subcontractors
Consumables
24,350
2.199
24,350
2,199
24,900
4,638
Employee costs
Motor and travel costs
241.234
1,513
13,981
241,234
1.513
13,981
176,649
885
Premises costs
Amortisation, depreciation,
impairment, profitlloss on
disposal of fixed assets
General admlnistrative costs
Legal and professional costs
12,438
11.057
11,057
9.786
25,818
3,384
323,536
25.818
3,384
323,536
17,736
3,582
250,614
7 Net income before transfers
2024
2023
This is stated after charging..
Depreciation of owned fixed assets
8 Staff costs
11,057
9,786
2024
204,264
12,529
10,673
227,466
2023
156,689
8,481
9,768
174,938
Salaries and wages
Social security costs
Pension costs
No employee received emoluments in excess of £60,000,
The average monthly number of full time equivalent employees during the year was as follows:
2024
Number
2023
Number
Admin Staff
Page 6

Keyham Community Partnership Limited
Notes to the Accounts
9 Tangible fixed assets
Land and
buildings
Fixtures,
fittings &
equipment
Total
Cost or revaluation
At 1 April 2023
Additions
At 31 March 2024
Depreciation and
impairment
At 1 April 2023
Depreciation charge for the
year
At 31 March 2024
70.000
31,431
6,352
37,783
101.431
6,352
107,783
70,000
32,632
6,286
38,918
3,500
7,557
11.057
36,132
13,843
49,975
Net book values
At 31 March 2024
At 31 March 2023
33,868
37,368
23,940
25,145
57,808
62,513
10 Debtors
2024
2023
Trade debtors
50.000
50,000
50,502
50,502
11 Creditors..
amounts falling due within one year
2024
2023
Trade creditors
Accruals
8,331
2,790
11,121
10,844
2,664
13,508
Page 7

Keyham Community Partnership Limited
Notes to the Accounts
12 Related party disclosures
2024
2023
Transactions with related parties
During the year the company undertook
transactions With KCP Keystone CIC, a
company which is under the control of the
same directors as Keyham Community
Partnership Limlted
The company invoiced KCP Keystone CIC
Description of transaction
£332,125 (2023 £253,971) during the year
and general amounts
for various goods and services including
involved
management and facility charges
Amount due from/(to) the related party
Controlling party
Description ofrelatlonship
between the partie5
50,000
50.502
The company is limited by guarantee and has no share capital,. thus no single party controls the company.
Page 8

Keyham Community Partnership Limited
Detailed Statement of Financial Activities
for the year ended 31 March 2024
Unrestricted
funds
Total funds
2024
Total funds
2023
2024
Income and endowments from,,
Charitable activities
Charitable activities
30,421
30,421
30,421
30.421
33,058
33,058
Other trading activities
Management and administration
Expense recharges
327,916
327,916
251,858
3,577
255,435
327,916
327.916
Investments
Deposit account interest
2,746
2,746
2,746
2,746
641
641
Total income and endowments
361,083
361,083
289,134
Expenditure on:
Drake Foundation
KCP Keystone CIC - vulnerable
children
4,384
4,301
4,301
2,524
4,301
4,301
6,908
Total of expenditure on charitable
activities
4,301
4,301
6,908
Other expenditure
Subcontractors
Consumables
24,350
2,199
26,549
24,350
2,199
26,549
24,900
4,638
29,538
Employee costs
Salaries/wages
Employer's NIC
Pension costs
Staff training
204,264
12.529
10.673
13,768
241,234
204,264
12,529
10,673
13,768
241,234
156.689
8.481
9,768
1,711
176,649
Motor and travel costs
Travel and 5ubslStence
1,513
1,513
1,513
1,513
885
885
Premises costs
Rent
Light, heat and power
Premises cleaning
4,341
7,740
1.900
13,981
4,341
7,740
1.900
13,981
4,421
8,017
12,438
Page 9

Keyham Community Partnership Limited
Detailed Statement of Financial Activities
General administrative costs,
Including depreciation and
amortisation
Depreciation of land and
buildings
Depreciation of Fixtures, fittings
& equipment
Bank charges
Equipment repairs and
maintenance
General insurances
Software, IT support and related
costs
3,500
3,500
3.500
7.557
7,557
6,286
134
134
133
18,807
18,807
11,168
2,663
2,663
2,396
1,277
1,277
1,213
Stationery and printing
Subscription5
Telephone, fax and broadband
839
388
1,710
36,875
839
388
1,710
36,875
996
789
1,041
27,522
Legal and professional costs
Accountancy and bookkeeping
Other legal and professional
costs
2,790
2,790
2,730
594
594
852
3,384
3,384
3,582
Total of expenditure of other costs
Total expenditure
Net gains on investments
323,536
323,536
250,614
327.837
327,837
257,522
Net income
33,246
33,246
31,612
Net income before other
gains/(losses)
Other Gains
33,246
33,246
31,612
Net movement in funds
33,246
33.246
31,612
Reconciliation of funds..
Total funds brought fonNard
343,630
343,630
312,018
Total funds carried fonmard
376,876
376,876
343,630
Page 10