REGISTERED COMPANY NUMBER: 03719856 (England and Wales) REGISTERED CHARif< NUMBER: 1077549 Durham Christian Partnership Company Limited by Guarantee Trustees Report and Financial Statements for the Year Ended 31 December 2024
Durharn Chrlstlan Parthershlp Year Ended 31 December 2024 Page Report of the Trustees 4t07 Independent Audltorfs Report 8toll ststement of Finandal Activlties 12 Balance Sheet Cash Flow Ststement 14 Notes to the Flnandal Ststements 15to23 Page 2
Durham Chrfstlan Partnershlp Year Ended 31 December 2024 CHARITY INFORMATION Company RtstratIOft Number 03719856 Charlty Reglstratlon Number 1077549 Re8lstered Offlce Unlt 719 Flrst Avenue, Drum Industrlal Estate Chester4e-Street County Durham DH2 IAG Trustees Mr G Jones Mrs C Jameson-Gates Mrs J A Sewell Mr W H Sawyer MrA Shleld lappolnted 25 June 2024) Ms M Ambelez (appolnted 25 June 2024 Company Secretary & thl•f Exocutfve Offlcer Mr P MacLellan Ireslgned 20 January 2025) Audltor Mr G Henderson Countlng North Salvus House Aykley Heads Ourham OHI 5TS Page 3
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 TRUSTEES, REpoKr The trustees (who are also dlrectors of the charitable company for the purposes of the Companies Actli present their report and financlal statements for the year ended 31 December 2024. The financial statements have been prepared in accordance with the accounting pollcles set out in note I to the finandal statements and comply with the charitable companles governin8 document, the Companies Act 2006 and "Accountlng and Reportlng by Charltles.. Statement of Recommended Practlce appllcable to charltable companies preparing their accounts in accordance with the Flnancial Reportlng Standard applicable In the UK and Republlc of Ireland (FRS 1021 leffectlve l January 2019)" OBJECTIVES AND AcriMTIES The charltable cornpansrfs oblectlvels the advancement of care to persons who are residlng In or vlsltlng the County of Durham or In such other 8eo8raphlcal areas as the dlrectors may dec5de. The trustees have paid due regard to 8uldan¢e Issued by the Charlty Commlsslon In decidin8 what actlvltles the charltable company should undertake. SIBnlflcant artlvttles Durham Christian Partnershlp (DCP) has contSnued to grow and develop the projerts prevlously est•bllshed; however, it was declded to revlew the portfollo of projects In late 2024 and early 2025, Our actlvltles goln8 forward are; County Durham Foodbank Thls prolectwqsestabllshed In 2011 In responsetothe Sncreaslng numberof people Incounty Durham who need asslstance when faclng a flnonclal crlsls. The project uses the Trussell Trust (now Trusselll model and Is afflllated to them as part of thelr natlonil Foodbank Network, but wlth our focus solely In our local area. Donatlons both of food and flnanclal 8lvln81 although they were generous through the year though the rlslng cost of1Svlng reduced donations overall. Our central warehouse acts as a central collectlon and dlstributlon hub whlch enables us to store and process food at scale and to accept trade and bulk donatlons to help keep costs down, The warehouse serves both County Durham and Sunderland foodblnk networks and thSs faclllty has enabled us to also welcome numerous groups of volunteers ran8ln8 from local church groups through to local unlversltles, schools and corporate buslness supporters. We currently operate 24 dlstrlbutlon polnts across County Durham and use vouchers and telephone referrals to allocate food parcels. The County Durham foodbank Is also part of the Trussell Trust Pathfinder programme working to end the need for foodbanks and help prevent the need to vlslt us. Ourln8 2024 we provlded food for 13,000 people of whlth 5000 were thlldren. Sunderfand Foodbank Operated across Sunderland and uses a slmllar model as our foodbanks In County Durham. We have contlnued to work closely wlth the local Council and wlth other local advlce provlders and food projects. We are Improvln8 the support given to people, especlally on debt and finandal Induslon work wlth our partners, FISCUS North and our Sundedand Foodbank Is also part of the Trussell Pothfinder programme worklng to prevent the need for foodbanks. During 2024 we provlded food for ILOOO people of whlch 4,IXIO were chlldren. Comblned, County Durham and Sunderland Foodbanks dlstributed 240 tonnes of food across their networks viith a total value of approximately £660,000. Page 4
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 TRUSTEES, REPORT (CONTINUED) Fuel Bank The Fuel Bank project was established In Aprfl 2015 after DCP developed the concept In conlunctlon wlth Npower and wlth oversight provided by Natlonal Energy Action. The proiert was successfully rolled out nationally and is now run by the Fuel Bank Foundation. For its part, DCP provides energyvouchers to pre-payment meter users, and ortaln off grld energy users viith support from the Household Support Fund. Durlng 2024 help was glven to over 3,Ot)O households. Communlty Money Advke County Dutham We have contlnued to offer a varlety of access routes to debt advlce. In 2024, 468 Indlvlduals Vre helped, wlth ¢omblned debts of over £3.5M, of whlch we were able to wrlte off, £2.7M of that sum. £133k of Income gained was also achleved for dn DCP Communlty Shop The shop has contlnued to collect and sell donated goods and provlde employment and support for the local communlty as well as provldlng Income for DCP core actlvltles such as the Foodbanks. The shop Is an effertlve way of recydlng unwanted good$ and provlde affordable quality Items to the comrnunlty In and around Ourham Clty. Durlng 2024 over 50 tonnes of donations were recycled. Grnndparents Support A small number were Involved wlth thls Inltlatlve provldlng peer support to grandparents who have lost contact wlth thelr grandchlldren whlch Is 8reatly appreclated by all Involved, Publlc Benefft All our charltable ictlvltles focus on the advancement of care to people In County Durh•m and ire undertaken to further our Charltable purposes for the publlc benefft, AcHIEVEMENfs AND PERFORMANCE Flnanclal Revlew The charltable company• through the strong commltment of Its staff, volunteers and external donors has generated a healthy flnanclal outcome for the perlod. Thls wlll enable us to support our mlsslon to care for people In the years to come. Unrestrlcted Income for the perlod was £271,52712023: £334,207) and expendtture £298,60112023: £235,752) resultlng In a net outflow of unrestricted fundlng of £27,07412023: Inflow £98,455), The DCP Communlty Shop contrlbuted a surplus of £19,75812023: £42,596). Restrlcted Incorne amounted to £L692,807 (2023: £1,47L3961, whlle £L069,41712023: £972,173) of restricted funds were spent, resulting In a net surplus of £623,39012023: £499,223) In restrlcted funds. Over £660,OIXI worth of food was dlstrlbuted by the Foodbanks and over £150,000 of energy SUPPOrt was accessed vla the Fuel Bank scheme. It Is estlmated that DCP benefftted from around 50,IXIO hours of volunteerlng time in 2024, consistent with 2023, which equates to over £550,000 if these hours had been paid at Real LIng Wage rates. Fundralslng efforts have Increased, targeting both grant-maklng bodles and Indlvldual supporters. The trustees are grateful to all who donated durlng the year and for the support of Durham County Councll, Sunderland Clty Councll and to the Household Support Schemes whlch both counclls have administered. We do not employ professlonal fundraisers and work wlthln the FundraislrE Regulatorfs voluntary regulatlon scheme. Total funds held at 311)ecember were £2,368,73612023: £1,772,420) of whlch £90,41312023.' £117,247) vlere unrestrlcted. Page 5
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 TRUSTEES, REPORT ICONTINUED) Reserves Poll¢y and Goln8 CoDcem The trustees have adopted a resen4es policy to maintain a level of reserves, which will ensure a continuation of operations for Jt least four months without income. The target relates to the level of unrestricted reserves needed to finance expenditure for which no existing restricted reserve is available and appropriate. Reserves have been maintained at thls level through 2024 and Into 2025. Investment Pollcy Funds are Invested to maxlmlse Income whlle mlnimlslng rlsk. Workln8 funds are malntalned In Instsnt access bank accounts wlth CAF Bank. Cash reserves are held in a Wdrlety of bank holdlngs with different notlce perlods through Flagstone Investmènt Group and CAF bank. At 31 Dec 2024 63% of cash reserve funds weré tovered by the Deposlt Guarantee Scheme. The trustees have assessed the major rlsks to whlch the charltable company Is exposed and are satisfled that systems are In place ts rnitl8ate exposure to the major rlsks. Future Plani FollowlnE Independent Audlt reports and comments, whlch addresses both Ilnanclal and ff control, all recornmendatlons are beln8 lrnplernented Includln8 GDPR procedures. The Trustees have made the dec5slon to derlsk It5 spread of assoclated projects and to concentrate on DCP'S core acdvltles whlch are the Food and Fuel Banks, Communlty debt ldvlce servlces and Its communlty shop wh5ch provldes much needed Income to the DCP or8anlsatlon. The management structure Is belng reorganlsed to provlde an Interwoven team wlth 8reater communlcatlon across all staff and governance levels wlth Improved IT, flscal procedures and telephone systems. Greater strateglc partnershlp worklng across VC and local government sectors wlll asslst wlth flnanclal capabllity and Incluslon development whlch Is In Ilne wlth our Pathfinder work, and whlch is In step wlth our 10¢o1 authorltles who are also looklng at preventlng the need for Indlvlduals to seek foodbank asslstance and then only as a last resort. Salary revlews for staff are completed by the CEO and passed to the Trustees for approval along wlth the more transparent flKal controls. All salary revlews are to be compared to current market rates for ¢harlty Posts and are set to the Real Uvln8 Wa8e or above. Trustees wlll revlew any proposed rates Includlng those for 5enlor managers before Implementatlon. Includlng those for senlor managers beft+re Implernentatlon, stNdure, Governance and Management The charltable company Is a company Ilrnlted by guarantee, Incorporated on 25 February 1999 and re8lstered •$ a ch4rlty on 24 September 1999. The charltable company was establlshed under a Mernorjndum ofAssoclatlon that established the obkcts and powers of the charltable company and Is governed under Its revlsed Artlcles of Assoclatlon adopted 6 May 2016. In the event of the charltsble company being wound up members are requlred to Contrlbute an amount not exceedlng £1. Peter MacLellan retlred In January 2025, and the Trustses wlsh hlm well for the fvture and thank hlm for hls servlce. The tNstees ierved the ehoritable company durfng the year were as followi: Mr G Jones Mr5 C Jameson-Gates Mrs J A Sewell Mr W H Sawyer Mr A Shleld Ms M R M Ambelez The dlrectors of the charltable company are the charlty trustees They are responsible for investing and expendlng the funds of the charitable company in such a manner as they 5haS1 consider most beneficial for the achievement of the objects. They enter into contracts on behalf of the charitable company. They are responsSble for the proper management and administration of the charitable Company in accordance with the Articles of Associatlon. Page 6
Durham Chrlstian Partnershlp Year Ended 31 December 2024 TRUSTEES, REPORT (cowfiNUED) The trustees retlre by rotation - one thlrd, or the nearest number to it, each year and may be revelected until they oase to be a trustee In accordance with the Artlcles of Assoclation. Appointments are made by rnembers of the charltable company at its Annual General Meeting or at other times by ordinary resolutlon. Trustees are recruited for their ability to manage the charitable company in the furtherance of its objects, The trustees expect to add to their numbers during 2025. The present trustees have a varlety of backgrounds and skllls and the Board seeks to malntaln an approprlate range of skllls to match the tasks they undertake. Trustees must be familiar wlth the actlvities of the charitable company and In sympathy with them and must be members of the charltable company. Trustees are therefore likely to come from within the volunteers or supporter5 of the charltable companws activities. Potentlal trustees are identlfied by the exlstin8 members and approached to theck thelr availability. Statement of Trnstees Respon51bllttlei The trustees (who are also directors of the charltable cornpany for the purposes of companylawl are responslble for preparlng the flnancial Statements in accordance wlth applicable law and Unltsd Klngdom Accountlng standards {United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial staternents for each financlal year which glve a true and fair view of the state of affaSrs of the charitsble company and of the incoming resources and application of resources, including income and expendlture, of the charitsble company for that period. In preparln8 those flnanclal statements, the trustees are requlred to: select suitsble accountin8 pollcles and then apply them consistently; observe the methods and principles in the Charlty SORP. make judgements and estimatesthat are reasonable and prudent; prepare the flnanclal statements on the golng concern basls unless It Is Inapproprlate to presurne that the charity will continue In buslness. The trustees are responslble for keeping proper accountln8 records which dlsdose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the finanaal ststements Comply with the Companies Art 2006. They are also responsible ft>r safeguarding thé assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. ststem*rt as to disclose to our audltors In so far as the trustees are aware at the time of approvSng out trustees annual report: there 15 no relevant audit information of which the charltable companvs audltors are unaware, and each of the trustees has taken all steps that they ought to have taken to rnake themselves aware of anv relevant audlt inforniatlon and to estsbllsh that the audltors are aware of that information. The trustee's annual report was approved and slgned on behalf of the Board of Trustees by: Mr G Jones 26 September 2025 Page 7
Durham Chrlstian Partnershlp Year Ended 31 December 2024 INDEPENDEMf AUDITOWS REpoiYf TO THE MEMBERS OF DURHAM CHRISTIAN PARTNERSHIP QUALIFIEO OPINION We have audited the finanaal statements of Durham Chrislian Partnership (the tharitsble company) for the year ended 31st December 2024, which comprise the ststement of finanaal artIvi5. balance sheet and notes to the financial statements, including significant accounting policie& The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Stsndard5, including FRS102 the Finanaal Reporting Standard applicable In the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice), In our opinion, except tor the possible efferts of the matter described in the basis for qualified opinion section of our reporL the finandal statements: glve a true and falr vlew of the state of the charftabje companvs affairs as at 31" Decernber 2024 and of Its Incoming resources and applicatlon of resources for the year then ended; have been properly prepared in accordance with United Klngdom Generally Accepted Accounting Practice; and have been prepared in accordance with the requirements of the Companles Act 2006. BASIS FOR QUAUFIED OPINION The previous years audit report was qualified on the basis that as we were not appointed as auditor to the tharity until after 31 December 2023 and thus did not observe the a)unting of physical inventories at the year end 31 Dember 2023. We were unable to satlsfy ourselves by altemative means concerning the inventory quantltles held at 31 December 2023, whlth are included on the balance sheet at £60,7CIO, by using other audit procedures This Impacts the opening stock position for the year ended 31 December 2024 and therefore the qualification is still relevanL We condurted our audit in accordance with International Standards on Auditing (UK) {ISAs (UK)) and applicable law. Our responsibilities under those standards are further described In the AuditoR5 responsibilitie5 fvr the oudit OA the finoncial stotements section of our report. We are independent of the charitsble company in accordano wlth the ethical requirements that are relevant to our audit of the finanaal statements in the UK induding the FRCS Ethical Standard. and the provisions available for small entities in the circumstan$ set out in Th)te 20 to the finanaal statements, and we have fulfilled our other ethical responsibilities In accordance with these requirernents. We believe that the audit evideTr VI have obtained Is sufficient and appropriate to provide a basis for our qualified opinion. CONCLUSIONS RELATING TO GOING CONCERN In auditlng the flnandal ststernents, we have conduded that the trustee< use If the 8oing COnM basls of accountlng In the preparation of the financial statements is apwopriate. Based on the work we have performed, we have not identified any rnaterlal urKertainties relating to events or conditlons that, individually or collectively, may cast signiftcant doubt on the charitable companvs abillty to continue as a going Conrn for a period of at least 12 months from when the finanaal statements are authorixd for issue. Our responsibilities and the responsibilities of the trusteesthith respect togolng concern afe described in the relevant Sections of this reporL OTHER INFORMATION The other Informatlon comprlses the infomiatlon induded In the annual repor¢ Indudlng the trustee< report, other than the flnanaal statements and our audltors report thereon. The trustees are responsible forthe other infomlation contained wlthln the annual reporL Our oplnlon on the financial statements does not cover the other Inforn)ation and, except to the extent otherwise explicitly stated in our rep we do not express any fomi of assurano condu5ion thereon. Our responsibility is to read the other infomiation and. in doing so. consider whether the infomation is materlally inconsistent with the finanual statements or our knowledge obtained in the course of the audit, cr otherwise appears to be materially rniSStated. If we identify such material inconsistencies or apparent material misstatements, we are required to determlne whether this gives rise to a material misstatement in the finanaal statements themselve& If, based on the work we have performed, we condude that there is material misststernent of this other infomiation, we are required to report that fart. Page 8
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 INDEPENDENT AUDITOWS REPORT {CONTINUED) TO THE MEMBERS OF DURHAM CHRISTIAN PARTNERSHIP A5 described in the basls for qualified oplnlon sectlon of our report, we were unable to satlsfy ourselves COnrnIng the inventory quantltles of £60,700 held at 31 December 2023. We have concluded where the other Informatlon refers to the inventory balance or related balances such as food purthases, it may be rnaterially rnisstated for the same reason. OPINIONS ON OTHER MAThERS PRESCRIBED BY THE COMPANIES Acr 21)06 Except for the possible effects of the matter descrlbed in the basls for qualified oplnlon sectlon of our reporL In our oplnlon, based on the work undertaken in the course of the audlt: the infomiatlon 8lven In the trusteeg report, whlch Includes the dlrertors, report prepared for the purposes of company law, for the flnanclal year for whlth the flnandal statements are prepared Is conslstent wlth the flnanclal statements; and the dlrector< report Included wlthln the trustees, report has been prepared In accordance wlth appllcable legal requirement% mAER$ ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION Except for the matter descrlbed In the basls of quallfled oplnlon sectlon of our report, In the Ilght of the knowledge and understandlng of the company and Its envlronrnent obtJlned In the course of the audlL we have not Identlfled materSal mlsstalements In the dlrectorl report included vAthln the trustees, report. Arlslng solely from the Ilmltatlon on the scope of our work relatlng to Inventory, referred to above; we have not obtalned all the Informatlon and eKplanatlons that we consldered The$sary for the purpose of our 3udlL' and we were unable to deterrnlne whether adequate accountlng records have been kept. We have nothlng to report In respect olthe followln8 matters In relatlon to whlch the CompaTrles Act 2006 requlre us to report to you If, In our oplnlon: returns adequate for our audlt have not been recelved from branches not vlslted by u$, or the finandal ststements are not In a8reement wlth the ac¢ountSng rerdS or return$; or certaln dlsclosures of trustees, remuneratlon speclfled by law are not made; RESPONSIBILITIES OF TRUSTEES As explaSned more fully In the trustees, responslbilities statement set out on page 7, the trustees (who are also the dlrectors of the charitable company for the purposes of company law) are responslble for the preparatlon of the flnanclal statements and for belng satlsfied that they 8Sve a true and falr vlew, and for such Internal control as the trustees determlne Is necessary to enable the preparatlon of financlal statements that are free from materS0l mlsstatemenL whether due to fraud or error. In preparlng the flnanclal statements, the trustees are respon51ble for assessln8 the compan¢s ablllty to contlnue as a 8oln8 concern, dlsclosln8, as appllcable, matters related to going concern and usSng the goln8 concern basls of accoUnn8 unless the trustees elther Intend to Ilquldate the company or to cease operatlons, or have no reallstlc alternatlve but to do $0. AUDITOR, RESPONSIBILITIES FOR THE AUDIT OF THE FINANUAL STATEMENTS Our objectives are to obtain reasonable assuran about whether the financlal statements as a whole are free from materlal misstatemen( whether due to fraud or error, and to Issue an audltorfs report that Includes our opinSon. Reasonable assurance Is hl8h level of assurance, but Is not a guarantee that an audlt condurted In accordance with ISAS IUKI wlll always detect material misstatement when it exists. Mlsstatement$ can arlse from fraud or error and are consldered materlal If, Indlvldually or In the a88regate, they could reasonably be expected to Influence the economlc declslons of users tsken on the basls of these financlal statemen Irre8ularftles, Includln8 fraud, are instances on non-compllance wlth laws and regulations. We design prOdureS in line with our responsibilitles, outlined above, to detect materlal misstatements in respect of irregularities, Includin8 fraud. The extent to which our procedures are capable of detecting irregularlties. indudlnE fraud is detailed below: Page 9
Durharn Chrfstlan Partnershlp Year Ended 31 December 2024 INDEPENDENT AUDITOR'S REPORT(COKnNUED)TOTHE MEMBERS OF DURHAM CHRISTIAN PARTNERSHIP IDENTIFYING AND ASSESSING POTENTIAL RSKS RELATED TO IRREGULARITIES In Identifylng and assesslng risks of material misstatement in respect of irregularities, Including fraud and noncomplian with laws and regulations we considered the fellowiftg: the nature of the industy and sector. control envlronment and buslness perfom)ance. management's own assessment of the risks that irregularities may occur either as resuft of fraud or error. resufts of our enquiries of management about their own IdentificatSon and assessment of the rlsks of ifregularitle& the mattersdlsCUS5ed amon8 the audlt en8a8ement team regarding how and wherefraud might occurin the financlal statements and any potential indicators of fraud. As a result of these procedures, we considered the opportunlties and Incenti¥ that may exlst within the company for fraud. In common wlth all audits under ISA'S (UK). we are also required to perform specific procedures to respond to the rlsk of mana8ement override. We also obtalned an undÈrstandlng of the legal and regulatory framework thatthe company operates In, focuslng on provislons of those laws and regulations that: have a direct effect on the deterniination of material amounts and disdosures in the financial statements. do not have a dirert effect on the financial statements but cornpliante with whith may be fundamental to the company's ability to oper*e or to a?Id a material penalty. AUDIT RESPONSE TO RISKS IDENTIFIED As a result of performing the above procedures. we identified the key matters related to the potential risk of fraud. Our procedures to respond to the risks identified induded the following: reviewing the financial ststements disdosures and teslin8 to supportln8 documentstion to assess Complian vlth provlsions of relevant la and regulations descTibed as having a direct effect on the financial statement& enquirlng of management ConMIng actual and potential Iltigatlon and daims. challenging management on key estimates. assumptions and judgements made In the preparalion of the financial statement& performing substantive ProdureS to verify the validity of transaction5 included in the financial statements. performlng analytlcal procedures to Identify any unusual or unexpected relatlonshlps that may Indicate risks of material misstatement due to fraud. in addressing the risk of fraud through man4ement override of control% testing the appropriateness of journal entrles and other adjustments, assesslng whether jud8ernents made In maklng accountlng estlmates are Indlcatlve of a potential bias,. and evaluating the business rationale of any significant transactions that are unusual or outsrde the normal course of busines& We also communlcated relevant identified laws and regulations and potential fraud risks to all engagement team rnembers and remained alert to any indications of fraud or noTrcompliènce with laws and regulationsthroughout the audit. Through these procedures we did not become aware of any material misstatement or any artual or susperted noncompllance with laws and regulations Impartir on the company. We planned and perfornied ouraudit in accordan with auditin8 stsndards butowing to the inherent limitstions of wocedures required in these areas, there Is an unavoidable risk that we may not have detected a material misststement In the flnanaal statements. The more removed non-compliance with laws and regulations is from the events and transartions reflected In the financial statements, the less likety we would become aware of any noncompliance. Auditing standards also limit the audit procedures required to identlfy norTr<ompllance with laws and regulations to enquiry of the directors and other management and the inspectlon of regulatory and legal corresponderKe. rf any. Page 10
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 INDEPENDENfAUDITOWS REPORT (CONTINUED) TOTHE MEMBERS OF DURHAM CHRISTIAN PARTNERSHIP The rlsk of not detettlng a material mlsstaternent due to fraud Is hlgher than the rfsk of not delectlnB one resultlng from error, as fraud may involve concealrnen( collusion, forgery, misrepresentstions, or override of internal control& We are not responsible for preventing non<ompllance and cannot be expected to detect TroTrcomplIan with all laws and regulations. A further descrtption of our responsibilities Is Mllable on the Hnandal Reportln8 CouThdYs webslte at: www.froorg.uk/auditors responsibilltles. This descrlptlon forrns part of our audltorfs report USE OF OUR REPORT Thls report is made 501ety to the charltsble company's members. as a body, In accordance wlth Chapter 3 of Part 16 of the Companles Act 26. Our audit work has been undertaken so that we might state to the charltsble company's members those matter$ we are required to stste to them Sn an auditovs report and for no other purpose. To the fullest extent permltted by law, we do not a¢cept or assume responsibility to anyone other than the charitable company and the charitable company's members os a body• for our audlt worK for thls repor¢ or for the oplnions we have formed. G Ha-,- Dated: 26 September 2025 GERALD HENDERSON FCA FCCA (Senlor Statutory dttor) For and on behalfof COUNTING NORTh UMITED Chartered Accountants and Statutory ldItor Salvus House Aykley Heads Durharn DHI 5TS Pagell
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 STATEMENT OF FINANaAL AcllviTIES (Incorporatlng Income aftd ExpendIre Account) Unrestrkted Desnated Restrkted funds funds funds 2024 2024 2024 Total funds 2024 Trtal funds 2023 Notes Incomlni resources Donations and grants Income frorn tharitable activltles other 55.171 1,617,077 1672,248 1,543,623 203,858 203,858 238,203 12,498 75,730 88,228 23,777 Ta•1 Incarn1 raure0 2n,5Z7 1.691807 1964,334 1.805,603 Re%wrces expended Charltable actlvities 298,601 1,069,417 L368,018 L207,925 Total rQu•S ¢wpfjnd•d 298,601 L069.417 1,368,018 1.207,925 Net Income / (expendlture) before transfers (27,074) 623,390 596,316 597,678 Transfers Net movement In funth 240 (240 623,150 126.834) 596,316 597,678 Reconclll•tlon of fundi Total fund5 brought forward Total funds carried forward 17 117,247 Ico,oc L555,173 1,772,420 L174,742 17 90,413 I.0() 1178,323 1368,736 i.ni420 The notes on page$ 15 to 23 forni part of these finandal statement& Page 12
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 BALANCE SHEET Re8lstered number. 03719856 2024 2024 2023 2023 Not¢¥ Flxed assets Tanglble assets 39,910 54,918 Current 8$$ets Stock Debtors Cash at bankand In hand 34,981 3,632 2,584,471 60,700 3,157 1,875,926 2,623,084 L939,783 Credltorn Amounts falllng due wlthln one year 14 288,6621 1216,685 Net curmt asseti 2 334,422 1,723,098 Totsl asgets less current Ilabllltles 2.374,332 L778,016 Credltorj amounts due after more than one year Provl•loni for114bllltl 15,5961 15,5961 Total a8seti leu Ilabllttlei 1,772,420 FUNDS Restrlcted funds Designated funds Unrestrlrted funds 17 17 17 2,178,323 0,000 90,413 1,555,173 100,000 117,247 TOTAL FUNDS 2,368,736 1,772,420 The financlal statements were approved by the Board of Trustees on 26 September 2025 and Vre sl8ned on Its behalf by: Mr G Jones Trustee Mf W H S•wyer Trustee The notes on pages 15 to 23 form part of these finandal statsments. Page 13
Durharn Chrlstlan Partnershlp Year Ended 31 December 2024 STATEMENT OF CASHFLOWS 2024 2024 2023 2023 Notes Cash flows from operntlng artlvltla. Cash generated from operètlons 21 622,747 669,153 Inve8tln8 actlvltles: Purchase of tsnglble flxed assets Proceed5 from Sale of tan8lble fixed assets Investment Sncome recelved 12 12 (2,430) (53,4181 2,750 23,777 88,228 Net cash us¢d In Investlni •¢tl¥ftles 85,798 (26,8911 Net Cash used In Ilnanclns actlvltl Net Increase In cash and cash equl%*lenti 708,545 642.262 Cash and ¢ash equlvaléntl •t the beslnnln8 of year 1,875,926 1,233,664 Ca•h and cash equlvalents at the end of year 2,584,471 1875,926 RelètlnB to: Cash at bankand In hand 2 584 471 1,875,926 The note$ on pages 15 to 23 form part of these Ilnanclal statement& Page 14
Durham Chrlstlan Partnershlp Year Ended 310ecember 2024 NOTES TO THE FINANaAL STATEMEKrs Charlty Infornth>n Durham Christian Partnership is a prlvate company limited by guarantee incorporated in England and Wale& The registered Offi is Unit 719 First Avenue. Drurn Industrial Estate. Chester-le-StreeL County Durham DH2 IAG ACcntIn8 conventlon The financlal 5tstements of the charitsble company, whkh is a public benefft entity under FR5102, have been prepared in accordance wlth the Charities SORP IFRS1021 'Ac¢ountin8 and Reportlng by Charlties.. Statement of Recommended practi applicable to charities preparlng their accounts in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS102)(effective l January 2019),. finanaal Reporting Stsndard 102 The Financial Reportirvd Standard applicable in the UK and Republic of Ireland, and the Companie5 Art 2006. The finanaal ststernents have been prepared under the historic•1 cost convention. The financial statements are prepared in sterThng which is the functional currency of the charitable company. Monetary amounts In these flnanclal ststements are rounded to the nearest L The financlal statements have l)een prepared under the historical cost convention, modified to include the revaluation of freehold properties and to indude investment properties and rtain financial instruments at fair value. The prindple accountlng polldes adopted are set out below. Golni concern At the time of approving the financial statement8 the trustees have a reasonable expectalion thatthe charitable company had adequate resources to continue to operational existence for the foreseeable future. Thus. the trustees continue to adopt the going concern basis of accounting in preparing the finandal statements. Accountlng polkles Income All incomin8 resources are Induded In the statement of finanaal acbvities when the tharitsble company is entitled to the income and the amount can be quantified wrth reasonable accuracy. The following specific policies are applled to particular categories of Income: Voluntary income is received ty way of donations and gifts and is induded in full in the Statement of Financial ktivities wheTr receivable. (Donation income does not include food or goods donated due to the dlfficulty of accurately valuing these Items). Income from 8overnment and other grants whether 'capitsl' or 'revenu¥ 8rants Is reco8ntsed when the charltable company has the entitlement to the funds, any performance conditions attached to the Brants have been met is probable that the income will be received and the amount can be rneasured reliably and Is not deferred. Income recelved In advance of the provision of a spedfied servlce Is deferred untll the crlterla of Income recognition are met. Donated servios and faalitles are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been induded in these accounts. Investment income is induded when receSvable. Incomlng resources from tharitable tradlng actiwty are accounted for vthen earned. Expendlture Expendlture is recognised on an accrual basrs as a liability is incurred. The charitsble company is not reglstered for VAT and accordingly expenditure is shown gross of unrecoverable VAT. Charltable expendlture comprises those costs Incurred by the charitable company In the delivery of Its actfvltles and servites for its benefkiaries It indudes both costs that can be allocated diredly to such actlvitles and those costs of an Indirect nature necessary to support them. Donations or grants from the charitable company are treated as an expense wthen paid. All costs are allocated between the expenditure categories of the SOFA on a basis designed to reflect the use of Page IS
Durham Chrfstlan Partnershlp Year Ended 31 December 2024 NOTES TO THE FINANaAL STATEMENTS ICONTINUED) the resource. In drM$nceS where thls is not possible the directors apportion the amounts in what they conslder to be falr proportlons to each category. Other expenditure refiects unallocated central admlnistratlon costs that do not represent govemance cort& Ralslng fvnds RaIn8 funds Indudes all expendlture Incurred by the chartty to raise funds for Its charitable purposes and Indudes costs of all fundral$ln8 acilvitbes, events and noTrcharitable tradlng. Fund accountlni General funds are unrestricted funds which are available for use at the disuetion of the Trustees in furtherance of the general objectives of the tharitable company and which have not been designated for other purpose Desl8nated funds are unre5tr1cted funds eamiarked by the tharlty for a partlcular purpose. Restrlcted fvnds are funds whlch are to be used in accordan wlth specific restrictions imposed by donors whlch have been ralsed by the charitable company foi particular purposes. The cost of raising and admlnisterlng such funds are charged against the specific fund. The aim and use of e¥ch restrirted fvnd are set out In the notes to the finan¢lal statements. Tanglble fixed asgeti Tan8lble fixed ossets are inltially measured at cost and subsequentfy measured at Cost or valuatlon, net of depredation and any Impaimient losses. Oepreclallon Is recognised so as to wrfte off the cost or valuatlon of assets les$ thelr resldual values over thelr useful Ilves on the followlng bases: Warehouse Equlpment 3YA on cost Flxtures and Fttin8S 2tfA on cost Motor Vehldes 3>A on reducln8 balance The g•ln or loss 8rfslng on the dIspol of an asset Is deternilned as the dlfference between the s81e proceeds and the carryln8 value of the asset and Is reco8nlsed In net Income/lexpendlture} for the year. Impalrment ol fixed assets At each reportlng end date, the charity revifws the carrying amounts of its tsngible assets to detennlne whether there Is any Indlcation that those assets have suffered an impalrment loss. If any such indlcation exlsts, the recoverable amount of the asset Is estimated In order to detemiine the extent of the Impairnient Ios5 Ilf any). Stock Stocks comprlse food, tolletrles and household essentlal& The valuatlon of year end stocks Is based on actual costs where avallable for purchased goods, after allowan for obsolete and slow moving Item& Cash and cash equhmlents Cash and cash equlvalents Indude cash In hand. deposlts held at call wlth banks other short-temi Ilquld lfivestments wlth orl8lnal maturlties of three months or less, and bank overdraft5. Bank overdrafts are shown wlthln borrowings in current liabilities. Flnanclal InrtNmerts The charlty has elected to apply the provisions of Sertlon 11 'Basic Financial Instruments, and Sectlon 12 '0ther Flnancial Instruments Issues, of FRS 102 to all its finanaal instruments. Finandal instruments are recognised in the charity's balance sheet when the tharty becomes party to the contractual provlslons of the InstrumenL Financial assets and Ilablllties are offset wlth the net amounts presented in the financial statements, when there Is a legally enforoable rlght to set off the recognised amounts and there Is an intention to settle on a net ba515 or to realise the asset and settle the liability simultèneously. Page 16
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 NOTES TO THE FINANaAL STATEMENTS (CONTINUED) Bask financlal assets Basic financlal assets, which include debtors and cash and bank balances, are initially measured at transaction prlce including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transactlon is measured at the present value of the future receipts discounted at a market rate of interest. nanaal assets classlfied as recelvable wlthln one year are not amortlsed. Bask Ilnan¢laS Ilabllltles Basic financial liabilities, includlng creditors and bank loans are initially recognised at transaction price unless the arrangement constltutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest Financial liabilities classifled as payable within one Year are not amortised. Debt Instruments are subsequently carrled at amortlsed cost, using the effectlve Interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as noncurrent Ilabllitles. Trade creditors are recognised Initially at transactSon price and subsequently measured at amortised cost uslng the effectlve Interest method. Derecognltion of Ilnancial Ilabllltles Financlal liabilities are derecognised when the charlty's contractual obllgatlons explre or are discharged or cancelled. Taxatlon The charlty is exempt from corporatlon tsx on its tharltable activltSe% Provlslons Provlslons are regnISed when the charlty has a legal or constructive present obligalion as a result of a past event, It Is probable that the charity wlll be required to settle that obligation and a reliable estlmate can be made of the amount of the obllgatlon. The amount recognised as a provlslon Is the best estimate of the consideration requlred to settle the present obligatlon at the reporting end date, taking into account the risks and uncertainties surroundin8 the obligation. Where the effect of the tirne value of money Is materlal, the amount expected to be requlred to settle the obll8atlon Is reco8nlsed at present value. When a provSslon Is measured at present value, the unwlndln8 of the dlscount Is recognised as a finance cost In net In¢ome/{expendlturel In the perlod In whith It arlses. Penslon costsand other post-retlrement benefits The charitable company operates a defined contribution penslon scheme. Contributlons payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the perlod to whlch they relate. l)onatlons and legacles Unrestrirted funds 2024 Restrlcted funds 2024 Total funds 2024 Total funds 2023 Grant income 55,171 55,171 L617,077 1,617,077 1,672,248 L672,248 1,543,623 1,543,623 Total Page 17
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 NOTES TO THE FINANaAL STATEMEMfs ICONTJNUEDI 6. (harltable artlvltles Unrestrkted fvnds 2024 Restrkted funds 2024 Total funds 2024 Total funds 2023 Shop Income Total 203,858 203,858 203,858 238,203 203.858 238,203 Other Income Unrestricted funds 2024 Re5trirted funds 2024 Tatsl funds 2024 Total funds 2023 Investment income Other 12,498 75.730 88,228 23,777 Total 12,498 75,730 88,228 23,777 Expenditure on chritsble actfvkles Charftable expendlture 2024 Depreclatlon costs Totsl 2024 Trtal 2023 2024 Staff costs DeprecIaOn Rent and rales Repairs Webslte and advertislng Other office equlpment Other projert costs Insurance Llght and heat Telephone Postage and statlonery Sundries Volunteer expenses Travel Food Tralnlng and conferences aeanlng consumables Transport 658,410 658,410 17,438 103,985 8,776 293 20,105 411,341 8,774 11,627 10,883 7,095 5,523 612,785 24,818 106,IJ06 13,255 6,047 15,376 257,122 4,730 10,438 4,446 9,138 60 2,259 6,276 78,901 2,248 1,968 28,156 1,184,029 17,438 103,985 8,776 293 20,105 411,341 8,774 IL627 7.095 5,523 7,742 50,803 1,734 1,645 23,1Xi8 1.334,230 7,742 50,803 1,734 1,645 23,IX18 L351,668 17,438 Share of governan costs 16,350 16,350 23,896 1,350,580 17,438 L368,018 L207,925 Page 18
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 NOTES TO THE FINANaAL STATEMENTS (CONnNUED) Charftable exwdlture 2024 Depreclatlon costs 2024 Total 2024 Total 2023 Anatysls by nd Unrestrirted fund$ Designated funds Restricted funds 291,032 7,569 298,601 235,752 1,059,548 1,350,580 9.869 17,438 1,069,417 1,368,018 972,173 L207,925 Support costs Support Govenmnce Totsl 2024 Total 2023 Other accounlancy fees Audlt Legal and professlonal Total 5,550 5,550 14,400 1,696 23,896 16.350 16,350 10. TNst••s One of the trustees recel¥*d remuneratlon for worklng 12 hours per week dellverlng debt ad¥lce. The amouftt pald for this durlng the year Indudlng employers penslon contributlons totalled £8,462. The wlfe of 4 trustee recelved remuneratlon for worklng In the shop. The amount pald for thls, Indudln8 emWoyerf natlonal Insurance totalled £2L28& These transactlons are on an arms length basls In the nomial course of buslness. No other trustee recelved any payment from the charlty durlng the year. There were no trustees, expenses p)Id for the year ended 31 December 2024 nor for the year ended 31 December 2023. 11. Staff costs 2024 2023 Wa8es and salarles Other pension costs Total 619,584 38,826 658,410 583,527 29,258 612,785 No employees received employee benefits for the reporting period of more than £60,OCKJ. Page 19
Durham Chrfstlan Partsiershlp Year Ended 31 December 2024 NOTES TO THE FINANaALSTATEMENTS ICONTINUED) Average hwdcount In theyear Total 2024 Totsl 2023 Full tlme Part time io 23 io 23 Total 33 33 11 Tanglble fixed assets Flxtures and ffttin8s Motor vehkles Total Cost As at l January 2024 Addltions Disposals As at 31 December 2024 65,078 2.430 104.628 169,706 2,430 67,508 104.628 172,136 DeprLxktlon As at l January 2024 Charge for the year Elirnlnated on dlsposal As at 31 December 2024 63.438 L455 51,350 15,983 114,788 17,438 64,890 67.336 132,226 Net book value As at 31 Dernber 2024 2.618 37.292 39,910 As at 31 Deomber 2023 53,278 54,918 13. Debtors 2024 2023 Other debtors 3.632 3,157 3,157 Total 3,632 l& Credltors amounts falllnB due wlthln one year 2024 2023 Taxation and social securlty Credltors and accruals Other ¢reditors and deferred income 4,328 43,753 240,581 288,662 8,206 48,405 160,074 216,685 Total Page 20
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 NOTES TO THE FINANaAL STATEMEfNS ICONTINUED) 15. Provlslon for Ilabllltles 2024 2023 At ljan 2024 and 31 Dec 2024 5,596 5,596 5,596 5,596 Total 16. Flnan¢e lea obll8atlons Future mlnlmum lease payments due under finance leases: 2024 2023 Wlthln one year 53,718 43,140 In two to flve years 0,000 4,690 Total 203,718 47,830 17. Analys1$ ol net 4S5ets between lund• Unrestrltted Des18nated lunds funds Restrlrtad 2024 2024 lund$ 2024 Total fund$ 2024 Total fund$ 2023 T•n8lble assets Current assets I115ablllties) Provlsoons 16,477 79,532 23,433 2,154,890 54,918 2,334,422 5,596 2,368,736 54,918 1,723,098 5,596 L772,420 100,000 Total 90,413 100,000 2,178,323 County Durham Foodbank- thls fund Is used to provlde food and support to people In crlsls In County Durharn. Sunderland Foodbank thSs fund Is used to provlde food and support to people In financlal crlsls In the city of Sunderland. Communlty Money Advke County Durham- thls fund Is used to provlde money counsellln8 and re8ulated debt advlce to people In County Durham. Grandparent Support Fund - this fund Is used to finance peer support actlvlties for grandparents who have lost contact wlth thelr grand¢hildren. Page 21
Durham Chrlstlan Partnershlp Year Ended 31 December 2024 NOTES TO THE FINANaAL STATEMENTS (CONTINUEDI Household Support Fund- this is a fund provided frorn central government with guidan which 15 administered and dlstrlbuted on behalf of DCC to support a variety of social needs. Mental Health Fund - this Is grant fundlng from NHS lourKlatlon via Durham Community Foundation to help fund debt rellef orders through COMAC our debt adirysory organlsatlon. CMA TNst- th15 Is a grant from the Natlonal Cijrnmunlty Money Advice Organisatlon to fvnd debt rellef orders through our CDMAC debt organisallon. Ladder Centre- a grant from Ferryhlll AAP to use the Ladder Centre to rent space for thelr use In the area to also embed our CDMAC orzanisation in the same Spa for debt advice. Des18nated Fund•- these consist of • £15,000 rent prO$10n, £15,000 for staff and volunteer development and a fund towards purch4sln8 premlses of £70,(#J). 18. Movem•nt In Broutht Incomln8 Resourc forward reWurC pended Transfers In/out Carrled foTh¥ard Unrertrkted fundi General funds DCP shop 30,254 86,993 117,247 67,669 203,858 27L527 1114,5011 1ts4,1001 1298,6011 240 (16,3381 106,751 90,413 Restrfcted fvnds County Durham Foodbank Sunderland Foodbank L021,782 374.568 357,466 197,368 1644.075) 1147,943) 591,991 1,327,164 423,993 Communlty Money Advi¢e County Durham Household Support Fund Mental Health Fund CMA Trust Ladder Centre Grandparents Support Group 34.223 6(M),%3 (211,744) 3,664 427,106 0,546 537,010 165,5651 {S91.991) IL404) I2,5) 1,555,173 1,692,807 L069,417 240 2,178,323 Desl8nated fvnds 100,( 100,000 Totsl L772,420 1,964,334 L368,018 2,368,736 19. Company Ilmited by 8uarnntae The charltable cornpany is a compary Ilmlted by guarantee and does not have any share capltal. The charftsble company is incorporated In En8land. If upon rindIng up or dissolutlon of the charltable company there remalns any assets, after the satisfaction of all debts and Ilabilities the assets represented by the accumulated fund shall be transferred to sorne other charitable body or l)odies havlng similar objects to the th•ritable company. Page 22
Durham Chrlstlan Partnership Year Ended 31 December 2024 NOTES TO TrE FINANCIALSTATEMENTS (CONTINUED) 20. ES PASE In common wlth many other businesses of our slze and nature we use our audltors to prepare and asslst with the preparation of the financlal ststement 21. Cash 8enernted from operatbns 2024 2023 Surplus for the year Adjustment for: Investment income recognised in the 50FA DepreciatioD of tsngible fixed tsngible a Management in working capitsl Ilncrease)/decrease in stock Ilncreasel/decrease in debtors Increase/(decrease) in creditors 596,316 597,678 (88,228) 17,438 123,777) 24,818 25,719 {475) 71,977 133,9211 6,134 98,218 Cash generated frorn operafjon 622.747 669,153 Anatyslsof changes In net fvnds The charity had no debt during the year. 22. Mafvr donors and 8iant pro¥klers We are 8rateful to all the orBanisations and individua15 who support our work and without whom we could not operate. We have enjoyed workin8 alongside volunteers various organisations and have received donations both as cash and In klnd from too mary to list all here. Below is a list of some of our mafvr corporate supporters: Amazon Kenneck Construction Livln Housing Neighnourty Food Nissan Red and White Amiy Sainsburys Sir John Priestrnan Charity Trust Stsnley Town Council Sunderland City Council Sunderland College Swinburn Maddison Solicitors Tesco The Natlonal lottery The Trussell Trust Utlllta Glving Ask Italian Baneriee Ltd Bernicia Group BLS Brambledown Ltd Caledonian Durham Students Union City Life Church Sunderland DerwentsideAAP Durham Cathedral Durham County Councll Edmundson Electrlcal Encore Group Faerch London Ltd FreemansTrust Page 23