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2023-03-31-accounts

Company no. 03301167 Charity no. 1079436

Community in Partnership Knowle West Report and Unaudited Financial Statements

31 March 2023

Community in Partnership Knowle West

Reference and administrative details

For theyear ended 31 March 2023
Company number 03301167
Charity number 1079436
Registered office and Filwood Community Centre
operational address Barnstaple Rd
Knowle West
Bristol
BS4 1JP
Trustees Trustees, who are also directors under company law, who served during
the year and up to the date of this report were as follows:
Victoria Beckwith
Catherine Bruce
Bryony Daybell-Jones
Gaye Ellacott
Bob Fisher
Lisa Guppy
David Timothy Jones
Kenneth Jones (resigned 24 November 2022)
Alan Mogg
Xanthe Swift (Chair, appointed 24 November 2022)
Bankers Lloyds TSB Bank plc
284 Wells Rd
Knowle
Bristol
BS4 2PY
Solicitors Meade King LLP
Springfield House
45 Welsh Back
Bristol
BS1 4AG
Independent Godfrey Wilson Limited
examiners Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

1

Community in Partnership Knowle West

Report of the trustees

For the year ended 31 March 2023

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

The Board of Trustees presents its report and financial statements for the year ended 31 March 2023. Due to the trustees’ status as directors under the Companies Act 2006, this report constitutes a directors’ report as required by the Companies Act 2006, and has been prepared taking advantage of the exemptions conferred by Part 15 of this Act.

Objects of the charity

The charitable company’s objects are the promotion for public benefit of urban regeneration in the district of Knowle West by the following means:

The Trustees confirm that they have complied with the duty in section 17(5) of the Charities Act 2011 to have due regard to public benefit guidance published by the Charity Commission when reviewing the Charity’s aims and objectives and in planning future activities.

Organisation

The charitable company is managed by a board of trustees under the powers of the company contained within its memorandum and articles of association.

Status and governing document

The organisation is a charitable company limited by guarantee, incorporated on 13 January 1997 and registered as a charity on 17 February 2000. The company changed its name from Knowle West Development Trust Limited to Community in Partnership Knowle West Limited on 22 January 2010. Minor alterations to the governing document were registered at Companies House on 12 March 2022, concerning the appointment and retirement of trustees.

Recruitment and induction of trustees

The board of trustees has up to 15 members, of whom at least four must be local residents. Trustees are elected by the membership at the AGM, and serve for three years before retiring. Retiring trustees may stand for re-election. In addition the board may co-opt trustees, provided the total does not exceed 15. Co-opted trustees shall retire at the next AGM.

2

Community in Partnership Knowle West

Report of the trustees

For the year ended 31 March 2023

All new trustees are issued with an induction pack which contains guidance on their respective responsibilities as trustees, and information on the work and organisation of the charitable company. New members are also encouraged to take up training in the role and responsibilities of trustees, such as that offered by VOSCUR.

Activity and users

Activity grew steadily over the year with several new regular groups starting, including Square Food Foundation, Diabetes Prevention, and Lansdown Park Academy.

Regular users increased from 723 in the first quarter to 764 in the last quarter, and the number of people attending one off events, meetings, parties etc. rose from 1,832 in the first quarter to 2,673 in the last quarter.

Projects

The weekly dance group continued, and a monthly art club and a guitar club started. We joined in the Warm Spaces grant scheme with family film evenings and supported other organisations' events with activities such as pebble painting. At Christmas there was a Santa grotto, carol singing on the street, and a guided tour round the Knowle West houses with the best light displays. The regular Knowle West Fest and the Hearts & Stars evening were again very successful, and we also hosted other events such as the Bristol Ensemble Jubilee Performance. These all contributed to a very full year with several activities every month.

The monthly Filwood Community Outdoor Market moved indoors during the winter but falling attendance meant that it became unattractive to stall holders. At the end of March, the residents committee running it decided to close it for the time being pending the major alterations planned for Filwood Broadway itself.

Funding for the Springboard personal development programme unfortunately came to an end, but some of the sessions have been maintained on a voluntary basis to support local residents who were depending on it.

Partnerships and events

As a founder member of Knowle West Alliance we continued to give time and resources to support it and to benefit from training and funding opportunities. We have close links with Knowle West Media Centre in running Filwood Fantastic, Knowle West Fest, and the new "Knowle West Style".

Both staff and trustees have worked with Bristol City Council in the consultations over the Filwood Broadway Regeneration Framework.

Tenants and licensees

New leases were agreed with the shop tenants who bring business and useful services into Filwood Broadway. The licensee tenants in the centre are still in residence, providing their various services for the local area, including Bristol Drugs project, St Mungos, Education First, and Agile Homes.

3

Community in Partnership Knowle West

Report of the trustees

For the year ended 31 March 2023

Restructuring

In June 2022 we recruited a new Chief Operating Officer thanks to Bristol Impact Funding. Last year we had recognised the need to reduce our costs, and the new C.O.O. led this work. Some redundancies and reduced hours were unfortunately required, but this enabled us to review the annual budget and eventually to meet our reduced targets for the year.

Governance

An AGM was held in November 2022 to receive the annual report, and also the restructuring plans and revised budget.

The meeting confirmed the appointment of a new trustee co-opted earlier in the year, and accepted the retirement of Ken Jones, a long serving trustee who was no longer well enough to fulfil his duties.

Following the AGM the trustees elected Xanthe Swift as the new chair and Tim Jones as the new treasurer.

A review of company policies was initiated, and the trustees conducted an audit of board skills to help us to find new members bringing needed abilities.

Refurbishment programme

There was exciting news in January when the government approved Bristol City Council's bid to the Levelling Up Fund on behalf of its Filwood Broadway Regeneration Programme. This will include £7.5 million to complete the proposed redevelopment of the Community Centre. The Council took our proposals as the basis for the bid and are now putting together a project team to finalise the design.

Staff and volunteers

Reducing staff costs is always a difficult process, and we are very grateful for the patience and cooperation of our staff as the assessment went on. Our long-term buildings manager, June McNeill, accepted redundancy, and we wish to record our thanks for her immense contribution to keeping the Centre open over the last thirteen years.

Volunteers have been central to keeping the IT suite serving local residents, and the payback teams continue to do a great job of keeping the Centre grounds tidy.

Thanks

The trustees wish to thank the staff and volunteers for their hard work through the year, and for all those who encouraged and supported our work in many different ways.

We are also extremely grateful for the financial support of our grant funders, including Bristol City Council through the Bristol Impact Fund.

4

Community in Partnership Knowle West

Report of the trustees

For the year ended 31 March 2023

Financial review

The charity made a deficit for the year of £38,962 compared to a surplus of £73,721 in 2022. There was an unrestricted deficit of £15,970 after transfers and a restricted deficit of £22,992 after transfers. The unrestricted deficit has been subtracted from the unrestricted reserves brought forward of £80,491.

The charity had net assets of £308,969 at 31 March 2023, of which £64,521 were held in unrestricted reserves.

The main funders were Bristol City Council, who provided £98,621 (2022: £72,986) of grants for several specific projects (see note 4).

The charity also receives rental income from properties on Filwood Broadway and letting out the community centre.

Reserves

The free reserves of the charitable company (total unrestricted funds less unrestricted funds held as fixed assets) at 31 March 2023 are £82. The trustees' reserves policy is to hold in free reserves between three and six months of unrestricted expenditure. Based on 2022/23 expenditure, this would give a free reserves target of between £49k and £100k. In order to rebuild towards this target, each budget for the next three years will be drawn up to aim for a small surplus. The trustees have also put in place various measures in the post year end period, as set out in accounting policy 1(b), to work towards restoring the reserves position.

Plans for 2023/24

This year is likely to be a year of consolidation and planning for the future. Preparations for the redevelopment work are likely to take up the rest of the year, with the actual building work starting in 2025.

A new website is being developed to increase the opportunities for online promotion of our facilities.

Although some cultural grant funding has been reduced this year there will be a programme of events through the summer ("Knowle West Style") supported by the Bristol High Streets Fund, as well as the in-house workshops through the year.

Having completed the restructuring task, the Chief Operating Officer resigned in June 2023, so we are in the process of re-evaluating our management structure in the wider context of our links with local partner organisations. In the meantime the trustees are providing more active oversight to support the staff team.

5

Community in Partnership Knowle West

Report of the trustees

For the year ended 31 March 2023

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which 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 for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were re-appointed as independent examiners to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 10 October 2023 and signed on their behalf by

Mrs X Swift - Chair of Trustees

6

Independent examiner's report

To the trustees of

Community in Partnership Knowle West

I report to the trustees on my examination of the accounts of Community in Partnership Knowle West (the charitable company) for the year ended 31 March 2023, which are set out on pages 9 to 23.

Responsibilities and basis of report

As the trustees of the charitable company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the charitable company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charitable company's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.

Independent examiner’s statement - matter of concern identified

Since the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

My examination identified a material uncertainty in relation to the charity's ability to continue as a going concern. At 31 March 2023, the charity's unrestricted net current assets (excluding restricted funds and tangible fixed assets) were £82. For the reasons set out in accounting policy 1(b), the trustees consider it appropriate to adopt the going concern basis for the preparation of these accounts.

7

Independent examiner's report

To the trustees of

Community in Partnership Knowle West

I have no other 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 accounts to be reached.

William Guy Blake

Date: 13 October 2023 William Guy Blake ACA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

8

Community in Partnership Knowle West

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 March 2023

Note
Income from:
Donations and legacies
3
Charitable activities:
Grants
4
Events
Fundraising
Hire of rooms
Other trading activities:
Bar income
Investments:
Rental property income
Bank interest receivable
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
6
Net income / (expenditure)
Transfers between funds
Net movement in funds
8
Reconciliation of funds:
Total funds brought forward
Total funds carried forward		 Restricted Unrestricted
£
£
-
664
124,512
35
-
2,598
-
-
-
117,621
-
12,448
-
18,465
-
29
124,512
151,860
-
30,633
147,504
137,197
147,504
167,830
(22,992)
(15,970)
-
-
(22,992)
(15,970)
267,440
80,491
244,448
64,521		 2023
Total
£
664
124,547
2,598
-
117,621
12,448
18,465
29
276,372
30,633
284,701
315,334
(38,962)
-
(38,962)
347,931
308,969		 2022
Total
£
3,512
231,140
2,215
525
105,804
10,264
17,536
4
371,000
32,791
264,488
297,279
73,721
-
73,721
274,210
347,931

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 16 to the accounts.

9

Community in Partnership Knowle West

Balance sheet

As at 31 March 2023

Note
Fixed assets
Tangible assets
11
Current assets
Stock
12
Debtors
13
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
14
Net current assets
Net assets
15
Funds
16
Restricted funds
Capital
Revenue
Unrestricted funds
Designated funds
General funds
Total charity funds		 £
3,744
15,107
30,002
48,853
(24,229)		 2023
£
284,345
24,624
308,969
219,906
24,542
4,888
59,633
308,969		 2022
£
286,624
1,772
8,869
77,587
88,228
(26,921)
61,307
347,931
221,297
46,143
8,861
71,630
347,931

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477(2), and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 10 October 2023 and signed on their behalf by

Mrs X Swift - Chair of Trustees

10

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Community in Partnership Knowle West meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern.

The work done in the past year to reduce costs and increase earnings has made the finances more sustainable. Looking to the future, the large redevelopment programme planned by Bristol City Council will bring some disruption to our normal operation, and they are providing a grant to enable our staff to work on some aspects of the development. We expect this to be adequate to maintain financial stability.

The charity was below its reserves target at the year end, but the trustees consider that the measures put in place will enable the charity to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved, and begin the process of rebuilding the reserves.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income from the government and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. This is usually when the grant has been received.

11

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

d) Donated services and facilities

Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item, is probable and the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

e) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity: this is normally upon notification of the interest paid or payable by the bank.

f) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

g) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

h) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to charitable activities as all support and governance costs are for the running of the community centre.

i) Tangible fixed assets

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Short leasehold properties Straight line over the life of the lease Property improvements Straight line over the life of the lease Furniture and equipment 25% straight line

Items of equipment are capitalised where the purchase price exceeds £1,000.

12

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

j) Stock

Stock is included at the lower of cost or net realisable value. Donated items of stock are recognised at fair value which is the amount the charity would have been willing to pay for the items on the open market.

k) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

l) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

m) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

n) Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method.

o) Pension costs

The charitable company operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

p) Redundancy and termination payments

Where an employee receives a termination benefit the full cost is recognised at the date the employee is notified.

q) Accounting estimates and key judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are depreciation as described in note 1i.

13

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

2. Prior period comparatives: statement of financial activities

2022
Restricted Unrestricted Total
£ £ £
Income from:
Donations and legacies - 3,512 3,512
Charitable activities:
Grants 214,359 16,781 231,140
Events - 2,215 2,215
Fundraising - 525 525
Hire of rooms - 105,804 105,804
Other trading activities:
Bar income - 10,264 10,264
Investments:
Rental property income - 17,536 17,536
Bank interest receivable - 4 4
Total income 214,359 156,641 371,000
Expenditure on:
Raising funds - 32,791 32,791
Charitable activities 119,502 144,986 264,488
Total expenditure 119,502 177,777 297,279
Net income / (expenditure) 94,857 (21,136) 73,721
Transfers between funds - - -
Net movement in funds 94,857 (21,136) 73,721
3. Donations
2023 2022
Restricted Unrestricted Total Total
£ £ £ £
Donations - 664 664 626
Coronavirus Job Retention Scheme - - - 2,886
- 664 664 3,512

All income from donations in the prior year was unrestricted.

14

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

4. Grants

Grants > £5,000
Sport England
Bristol City Council
Sported Foundation
Grants < £5,000
Total grants
Prior period comparative:
Grants > £5,000
Sport England
Bristol City Council
Creative Civic Change
School for Social SESF
Grants < £5,000
Total grants		 Restricted
£
£
7,271
-
98,621
-
9,980
-
8,640
35
124,512
35
Restricted
£
£
111,828
-
56,986
16,000
30,866
-
12,000
-
2,679
781
214,359
16,781
Unrestricted
Unrestricted		 2023
Total
£
7,271
98,621
9,980
8,675
124,547
2022
Total
£
111,828
72,986
30,866
12,000
-
3,460
231,140

5. Government grants

The charitable company receives government grants, defined as funding from Sports England, Bristol City Council and the Coronavirus Job Retention Scheme to fund charitable activities. The total value of such grants in the period ending 31 March 2023 was £105,892 (2022: £184,815). There are no unfulfilled conditions or contingencies attaching to these grants in 2022/23.

15

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

6. Total expenditure

Total expenditure
Staff costs (note 9)
Bar and café costs
Rent and rates
Utilities
Health and safety
Cleaning
Travel and subsistence
Printing, postage and stationery
Advertising
Telephone and broadband
Legal and professional fees
Accountancy costs
Maintenance
IT costs
Insurance
Subscriptions
Bank charges
Bad debts
Volunteer gifts and expenses
Events and activity costs
Grants payable (note 7)
Recruitment costs
Depreciation
Sub-total
Allocation of support and governance costs
Total expenditure		 £
30,633
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
30,633
-
30,633
Raising
funds		 £
£
117,601
33,293
7,793
-
9,919
-
31,501
-
5,341
-
2,234
-
-
2,627
-
2,480
-
2,667
131
-
-
4,507
-
3,468
-
16,004
1,367
-
-
4,836
-
1,708
-
368
320
-
-
53
8,215
-
12,490
-
-
1,375
-
14,403
196,912
87,789
87,789
(87,789)
284,701
-
Charitable
activities
Support and
governance
costs		 2023
Total
£
181,527
7,793
9,919
31,501
5,341
2,234
2,627
2,480
2,667
131
4,507
3,468
16,004
1,367
4,836
1,708
368
320
53
8,215
12,490
1,375
14,403
315,334
-
315,334

Total governance costs were £2,640 (2022: £2,400).

16

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

6. Total expenditure (continued) Prior period comparative:

Staff costs (note 9)
Bar and café costs
Rent and rates
Utilities
Health and safety
Cleaning
Travel and subsistence
Printing, postage and stationery
Advertising
Telephone and broadband
Legal and professional fees
Accountancy costs
Maintenance
IT costs
Insurance
Subscriptions
Bank charges
Bad debts
Volunteer gifts and expenses
Events and activity costs
Grants payable (note 7)
Recruitment costs
Depreciation
Sub-total
Allocation of support and governance costs
Total expenditure
7.
Grants payable
Grants payable to institutions:
Knowle West Media Centre		 £
32,791
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
32,791
-
32,791
Raising
funds		 £
£
107,167
29,230
4,586
-
6,039
-
25,067
-
3,755
-
1,234
-
-
813
-
1,780
-
1,130
1,207
-
-
2,665
-
3,388
-
7,267
4,181
-
-
4,690
-
2,307
-
329
2,821
-
-
85
21,993
-
20,794
-
-
790
-
11,170
198,844
65,644
65,644
(65,644)
264,488
-
2023
£
12,490
Charitable
activities
Support and
governance
costs		 £
169,188
4,586
6,039
25,067
3,755
1,234
813
1,780
1,130
1,207
2,665
3,388
7,267
4,181
4,690
2,307
329
2,821
85
21,993
20,794
790
11,170
2022
Total
297,279
-
297,279
2022
£
20,794

17

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

8. Net movement in funds

This is stated after charging:

Depreciation
Trustees' remuneration
Trustees' reimbursed expenses
Independent examiners' remuneration (excluding VAT):
Independent examination		 2023
£
14,403
Nil
Nil
2,200		 2022
£
11,170
Nil
Nil
2,000

9. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs
Redundancy and terminations
Freelancers		 2023
£
164,880
3,670
2,065
9,088
1,824
181,527		 2022
£
163,842
3,495
1,851
-
-
169,188

Redundancy costs comprises payments of £9,088 to two employees, funded from unrestricted reserves.

No employee earned more than £60,000 during the year (2022: £nil).

The key management personnel of the charitable company comprise the Trustees. The trustees do not receive any remuneration for their role.

Average head count 2023
No.
14.4		 2022
No.
13.4

10. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

18

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

11. Tangible fixed assets

Cost
At 1 April 2022
Additions in year
At 31 March 2023
Depreciation
At 1 April 2022
Charge for the year
At 31 March 2023
Net book value
At 31 March 2023
At 31 March 2022
12. Stock
Bar stock
13. Debtors
Trade debtors
Other debtors		 £
£
£
75,000
239,126
120,597
-
12,124
-
75,000
251,250
120,597
28,000
8,985
113,722
1,120
9,639
2,750
29,120
18,624
116,472
45,880
232,626
4,125
47,000
230,141
6,875
Short
leasehold
property
Property
improvements
Furniture and
fittings		 £
6,002
-
6,002
3,394
894
4,288
1,714
2,608
2023
£
3,744
2023
£
14,210
897
15,107
Equipment		 Total
£
440,725
12,124
452,849
154,101
14,403
168,504
284,345
286,624
2022
£
1,772
2022
£
8,624
245
8,869

19

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

14. Creditors : amounts due within 1 year

Creditors : amounts due within 1 year
Trade creditors
Accruals
Other creditors
Other taxation and social security		 2023
£
7,840
8,017
6,647
1,725
24,229		 2022
£
10,576
11,809
4,533
3
26,921

15. Analysis of net assets between funds

Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2023
Prior period comparative
Tangible fixed assets
Current assets
Current liabilities
Net assets at 31 March 2022		 Restricted
funds
£
219,906
31,008
(6,466)
244,448
Restricted
funds
£
221,297
46,143
-
267,440		 Designated
funds
£
-
4,888
-
4,888
Designated
funds
£
-
8,861
-
8,861		 General
funds
£
64,439
12,957
(17,763)
59,633
General
funds
£
65,327
33,224
(26,921)
71,630		 Total
funds
£
284,345
48,853
(24,229)
308,969
Total
funds
£
286,624
88,228
(26,921)
347,931

20

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

16. Movements in funds

Movements in funds
Restricted funds
Capital
KWDT Core
Property improvements fund
Revenue
BCC Digital Gatherings
Bristol Impact Fund 2022
Springboard (Impact fund)
Filwood Fantastic
BCC CIL Funding
Hearts and Stars
High Street Fund
Sport Foundation
SSE - SBES
Welcome Space
Sustainable Redland
School for Social SESF
Total restricted funds
Designated funds:
Redundancy fund
Total designated funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds		 At 1 April
2022
£
47,000
174,297
-
1,500
1,834
20,000
10,333
2,239
-
-
-
-
237
10,000
267,440
8,861
8,861
71,630
80,491
347,931		 Income
£
-
7,271
400
46,312
-
18,840
-
-
36,208
9,980
5,021
480
-
-
124,512
-
-
151,860
151,860
276,372		 £
(1,120)
(7,542)
(400)
(47,808)
(1,834)
(38,840)
(10,333)
(2,239)
(17,160)
(5,500)
(4,248)
(480)
-
(10,000)
(147,504)
-
-
(167,830)
(167,830)
(315,334)
Expenditure		 £
£
-
45,880
-
174,026
-
-
-
4
-
-
-
-
-
-
-
-
-
19,048
-
4,480
-
773
-
-
-
237
-
-
-
244,448
(3,973)
4,888
(3,973)
4,888
3,973
59,633
-
64,521
-
308,969
Transfers
between
funds
At 31 March
2023
244,448
4,888
4,888
59,633
64,521
308,969

Purposes of restricted funds KWDT Core

This is funding for future lease amortisation.

Property improvements fund

Funding received for ongoing building repairs and future depreciation.

BCC Digital Gatherings

To support community groups to hold meetings.

Bristol Impact Fund 2022

This grant is to enable us to increase the Centre's activities by supporting the salaries of our staff.

21

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

16. Movements in funds (continued) Purposes of restricted funds (continued) Springboard (Impact fund) This grant is to support our Springboard Training Programme.

Filwood Fantastic This is a fund for a community led creative and regeneration project, involving several arts and cultural programmes for the local community.

BCC CIL Funding This grant is for new computer equipment in our IT training suite, plus costs of installation.

Hearts and Stars This is for an annual awards ceremony to recognise local heroes. High Street Fund Funding provided to put on cultural events in 2023. Sport Foundation Funding provided for a sports development fund. SSE - SBES This is a fund to develop a membership scheme. Expenditure represents the payment of salaries and incidental equipment and expenses.

Welcome Space Community welcome spaces during cold winter spell. Sustainable Redland This grant was towards the costs of our community garden. School for Social SESF This grant is towards salaries of duty staff covering out-of-officehours opening times.

Purposes of designated funds

Redundancy fund The designated redundancy fund will be 50% of the maximum redundancy obligations of the Charity at the year end.

22

Community in Partnership Knowle West

Notes to the financial statements

For the year ended 31 March 2023

16. Movements in funds (continued)

Movements in funds (continued)
Prior period comparative
Restricted funds
Capital
KWDT Core
Property improvements fund
Revenue
Hearts and Stars
Friends of Filwood
Filwood Fantastic
Springboard (Impact fund)
BCC community gatherings
PCT training
Bristol Museum
Sustainable Redland
BCC CIL Funding
School for Social SESF
Bristol Impact Fund 2022
Total restricted funds
Designated funds:
Redundancy fund
Total designated funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds		 At 1 April
2021
£
48,120
67,082
2,239
9,577
38,750
6,415
400
-
-
-
-
-
-
172,583
13,641
13,641
87,986
101,627
274,210		 Income
£
-
111,828
-
-
47,666
7,335
400
600
3,000
479
10,333
12,000
20,718
214,359
-
-
156,641
156,641
371,000		 £
(1,120)
(4,613)
-
(9,577)
(66,416)
(11,916)
(800)
(600)
(3,000)
(242)
-
(2,000)
(19,218)
(119,502)
-
-
(177,777)
(177,777)
(297,279)
Expenditure		 £
£
-
47,000
-
174,297
-
2,239
-
-
-
20,000
-
1,834
-
-
-
-
-
-
-
237
-
10,333
-
10,000
-
1,500
-
267,440
(4,780)
8,861
(4,780)
8,861
4,780
71,630
-
80,491
-
347,931
Transfers
between
funds
At 31 March
2022
267,440
8,861
8,861
71,630
80,491
347,931

17. Related party transactions

There were no related party transactions in the current or prior year.

23