2025-03-31-accounts

Registered number 03801173 The Stockwell Partnership Limited Report and Accounts 31 March 2025 *AEHISYKZ• 0911212025 COMPANIES HOUSE A14

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The Stockwell Partnership Limited Company Inforniation Trustees L Annan V Glaser D Ughanwa M O'connell B Navarro W Zawislak L Aladeshelu E Pile (Appointed 11 July 2024) D Whitaker (Appointed 27 June 2025) R Skilbeck (Appointed 27 June 2025) L Guidi ( Resigned 7 August 2024) N Hardie { resigned 5 March 2025) Accountants Brookfield & Co 18 Concanon Road London SW2 STA Reglstered number 03801173 Registered Office 157 South Lambeth Road London SW8 1XN Charlty registration no 1085880

The Stockw811 Partner8hlp Llmited Report of the trustO•8 Report of the trustees The Tnjstees present their Report and the Financial Statements for the year ended 31 March 2025. The Trustees have adopted the provisions of the Statement of Recommended Practice (SORP), Accounting and Reporting by Charities, issued in March 2005 and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) effective 1 Janaury 201 S in preparing the annual report and financial statements of the charity.The company constitutes a public benefit entity as defined by FRS 102. STRUCTURE, GOVERNANCE AND MANAGEMENT Govemlng docurnont The organisalion Ss a charitable company limited by guarantee, incorporated on 6 July 1999 and registered as a charity on 28 March 2001. The company was estsblished under a Memorandum of Association which established the objects and powers of the charilable company and is governed under Its Articles of Association. Organisational structure The overall management of the charity is directed by the Trustees who are also Directors of the company. They meet at regular intervals to review activities and to consider and agree plans for future progress. The day lo day a¢tivilies are Carried out by staff employed for that purpose. Flnanelal Outlook We end8d th8 year with a total of £86,374 resep4es. We have deferred incom8 of É48,280, the majority lor the conllnuallon of the Thriving Stockwell health and wellbelng prooramme. We are Confident that we wlll remain solvent for Ihe comlng year. Acllvltles Report- Hlghllghts of th• Year Thrfvlng Stockwell Our Thriving Stockwell programme improves health and wellbeing through better connecting services to people and supporting residents lo develop healthy lifestyles. It has been running for three yeats, and our partners include Ihe Stockwell Primary Care Network, Art4Space, Stockwell Park Community Trust, Mortey College. Hyde and Lambeth Together; the wider nemiork indudes over 40 groups and organisations in Stockwell. Last year, wilh funding from Lambeth's Connecting Cornmunities Fund and Lambeth Together, we ran 14 peer support groups in our Community Living Rooms, organised 18 events including Eid. Christmas, Diwali and Black History and LGBT Month activities, and promoted Thriving Stockwell and other community activities on social media. 800 people took part in the programme al our weekly Community Llving Room actI￿t18S and community events. We also worked with South Lambeth and Maudsley NHS Foundation Trust and King's Health Partners lo deliver the community connectorelement of the Pain.. Equality of Care and Support in the Community IPEACS) project bmth a peer support group of black residents with.chronic pain. This project was highly commerKJed at the HSJ Awards in December. The peer support groups we established in the Community Living Rooms reported significant improvements to wellbeing, e.g. those reporting poor mental health dropped from 49°A to 270/0 over the 12-week programme. and those strongly agreeing they are content with friendships and lationships increased from 139/0 to 38Vg. Thriving Stockwell is increasingly seen as a flagship project for engaging a neighbourhood in improving health inequalities.

Support to Portugues9 and Spanlsh speakers Our stockV￿lI Portuguese Community project, funded by the National Lottery Community Fund, continued to see Int￿8$ed demand because of the cost-of4iving crisis. We supported 1025 beneficiarles, including 18 older people in our Hug Group and 10 people with increased employabilty skills. Walcot Foundation awarded us a grant to slrenglh8n Portuguese- and Spanish-speaking families with financial resilience, parenting skills, and access to services. We recruited a new member of staff in October, and have so far supported 118 families and ¢arers, including mnning vnrkshops on welfare benefits and resilience. . Commissioned by Lambeth council Early Years departmenl. we are also running a Start for Life programme In Children's Centres and other settings to support Portuguese and Spanish speakers with 0-1 year4)Id children with positive parenting. financial resilienc￿, a(xessing services and employability. Thls year 226 parents were helped through Ihe programme. Support with Employabllity In August, Lambeth Employment and Skills Team cornmissloned us to deliver an employment support project lo help disadvantaged pa￿nIS into work. We supported 42 migrant parents with emDlovabllitv skllls Lambeth Ngtworks As part of our work with Ihe Lambeth Fowm Netwoik we d8liv8red.the Stockwell Forurn, as as related Thrlvlng Stockwell work. We continued our work with Lambeth council and the Lambeth Community Hubs ne￿Ork to develop our connectivity and services as part of Ihe Community Hubs programme. The hubs reviewed and added to a range of policy templates for the sector, as well as providing mentoring support lo local communlty organisations. We also worked with High Trees Community Development Trust. IRMO, Black Thrive and other partners to develop and launch the new Lambelh Cornmunity Research Nebwork. In February 2025 we look part in Ihe new Ecology Group for H8allh and Wellbeing in Lambeth. organised by the Neighbourhood Wellbeing Delivery Allianc￿. RESERVES POLICY The current policy of Ihe Charity is to build up general reserves (unrestricted funds) to a level equivalent to a minimum of six month's njnning costs. RISK STATEMENT The Trustees have considered the major rlsks to which the charfty 1$ exposed and are sat15fied that systems are In place. and new systems will be put In place as and when necessary, to mitiqate its exposure to malor risks. RESPONSIBIUTIES OF THE YRUSTEES Company law requires the Twstees to prepare financial stalemenls for each financial year which give a true and fair view of the state of the cornpan￿$ affairs and of its Profit OT loss for that period. In preparing those financial statements, the Trustees a￿ ￿qUired to: salecl suitable accounting pollcies and then apply them conslstently: make judgements and estimates that are reasonabl8 and prudent., prepare the financial statements on the going Concem basis unless it is inappropriate to presume that the company will continue In business. Thè Trustees are responsible for keeping prop8r accounting records which disclos6 wilh r8asonable accuracy at any time the financial position of the company and to enable it to ensure that the financial ststements compty the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for takin9 reasonable steps for the Drevention and detection of fraud and other irreoularities.

FIXED ASSETS Detsils of movements f￿ed assets during the year are set out in note 7 to the finanual ststements. INDEPENDENT EXAMININERS Brookfield & Co wer8 appointed as Independent Examinets during the year and have expressed their willlngness lo continue in that capacity, This report was approved by the Trustees on L Annan for and on behalf of the Trustees

The Slockwell Partnership L•mited Independent examiners. report lo the shareholders of The Stockwell Partnershlp Llmited We report on the financial statements fof the year ended 31 March 2025 vthlch a￿ set out on pages 5 to 11 which have been prepared on the basis of the accounting policies on pages 7 and 8. Respective responsibilites of the Board of Oirectors and Independent Examiner The Board of Directors is responsible for thg preparation of the financial statements. It Is our responsibility to form an independent opinion. based on our v￿rk. on Ihose statements and to report our opinion to you. Basls of Independent Examlnerfs Report An examination indudes a review of the accounting records kept by the Company and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or ' disclosures in the accounts, seeking explanations from the Board of'Dir8clors concerning any such Independent Examln•rs Stat•m•nt In connection with our examination, no matter has come to our attention which gives us a reasonable .cause to believe that in any material aspects the requirements to keep the accounting records in accordance with the Companies Act 2006 and to prepare accounts which accord with the accounting records and to comply with the accounling requirements of the Act hav8 not been mel or to which, in our opinion, attents'c)n should be drawn In order to enable a proper understsnding of the accounts to be reached. J A Brookl*eld (Senior Ststutory Auditor) for and on behalf of 8rookfi&ld & Co Accounlants and Statutory Audltor8 511425

Thè stock￿11 Partnofshlp Llmlted Statèment of Finan¢lal Actfvities for the yeai onded 31 March 2025 ReslrOct8d Unreslriclod Funds Funds Total Funds Totsl Funds Not•8 2025 2025 2025 2024 Incoming resources Incoming resources from generated funds." Voluntary Income- Grants and donations Investment income Cxher Income 284,921 9,408 294.329 1,832 1,832 274,751 4,439 ' 1,288 Total Incomln9 R￿QUr¢09 284,921 11.240 296.181 280.478 Resources expended Costs of generating funds Charitsble activities Govemance 283,281 1,640 1,275 284,556 1,640 285.043 7,833 Totsl r••ourc•s •xp•nd•d 284.921 1,275 286,196 292,876 Net Incorning resources expended for the Year Transfers betsveen funds Funds brought forward 9.965 9.965 {12:3981 76,409 76.409 88.807 Total Funds carried fornvard

The Stockwell Partnership Llmited Balance Sheet as at 31 March 2025 Nol•8 2025 2024 Tangible fixed assets Current a55èts Cash al bank and in hand 140.707 165,692 Creditors: amounts falling due within one year 54.333 89,283 N•t eurront 4suts 86.374 76',409 Total ¥sB•ts1o•s current Ilabllltlg8 86.374 76.409 Funds of th• Charlty Restricted funds Unrestricted funds Total Fund• 76.409 86.374 86.374 10 78,409 The noles on pages 7 10 11 forrn part of Ihe5e 8c¢ounts The directors afe satssfied that the company is enliued lo exemption from Ihe requirement to obtain an audit undef secbon 477 of the Companies Act 2006. Memb8rs have not Tequir8d the eompany to oblain an audlt In accordance wllh seclion 476 of tho Act. The directors acknowledge Iheir re8pon8lbillles lor complylng wllh Ihe requlrements of tho Comp8nle8 Act 2006 wlth roSPO¢t lo accounting records and Ihe preparation of accounts. The accounts have been.prepared in accordance wlth the provisions in Part 1 S of the Companies Act 2008 applicable to companias subjoct to the $m811 ccrtnpanles regim&. Approv8d by the board on L Annan Dlreclor Ly hvFb

The Stockwell Partn0r8hlp Llmlted Notes to the A¢¢ounts for the y•ar gnded 31 March 2023 1 A¢£ountlng Polkle¥ lollcr•Jin9 aceounllng policies have beon US￿ cansistènlly In de81in9 wllh Items whlth we CO￿•der￿ material in relation lo the fmncial statements. al Basts of Prep8r8tion The finan¢ial $taments have been p￿pare£l in accorda￿ witli thè Charitlès.. Statemenl of Recommended Practlce lapplicable to charilies preparing their 8cCj￿nts in at¢￿dance with the Financial Reporting Sfandard aPpI￿able in the UK and Republ￿ of Ifeland IFRS 10211 li$su$d in October 20191. Ichafittes SORP IFRS 10211. the Finan¢ial ROpo￿ng Standard 8ppli¢8blè In th• UK and R•publtc of Ireland IFRS 1021 and Ihe Comp8niès Acl 2006. The sI￿k￿ell Parten￿hip meets the definrtion ol a public benefit enlity under FRS 102. As$8ts and liabilllies are Inrtially reco3n18ed at hi8toricol Gost oi transaction v8lu¥ ynles$ olh8Thls• stst•d in lh• rel￿an1 accounllnp policy note($}. The truylees hav• lak•n 8tlvanlage of thg •x•mptk)n in Financial Reportlng St•nd•rd No I If•w18•dl from Includln9 a cash f 8tst•m•nt In th• financial atatomvnts on th• 9round$ that lh• chorlty 1$ Small, financiol statemen18 8r• pr¢pared. on 8 Wng ba315, under I￿ hlsloricol cml conv•nUon. The cha￿ty l• enliiety d¢pendertt on eontlnulng grant bid and 88 a ¢￿SeqUe￿9 golng ¢onum baslg Is akn dep•nd•nt on eontlnuing grant a￿.. The particular accoundng poli¢t•s adoptsd 8f8 sat out b81ow. bl Aestrict•d Unrastricted Fundg Th• accounls dlsllnguish bglw8en restrictsd and unr•sir￿tod funds. R8slricted fvnds are rKwod from donors and ar• Subject to restr¢t40n$ on the puwes for whith they be used. Vnrtstri¢ted lu'nds are those where there are no exlemalty imposed Testrictions. They include Iho$tr freely avoiLqble lo Ihg chorty for expenditur8 or appropriation lo r85wv•$ for intemally d¢$i9natfjd purp05e$. D•S￿n818d fund8 are unr8slri¢Xed twds earmprked by Ihg Wng9wn8nl Cc#mmitta• lor part1￿181 Purpo￿8. cl Ineomlng ￿￿Ou￿•S JI Incomlng rosourcts 8r• Included tn Ih• stat•m•nl ol flnonclol actlvlll8s when Iho charfty bs •nUtl•(I to th• ift¢om• ond Iha •movnt ¢on ba ou8nth7ed with reasonoble accuracy. The 1¢41¢)wln9 8p¢¢Sfi¢ policiè Are applled lo spec+nc calagorles ol Incom•.' - Voluntary Incom• 59 r•c•lv•d by way of grnnts, donatlons and gIftB ond Is Indud•d In In StAl•m8nl of Flnanclal ActIvI￿a8 when iecthable. Grant8. where entsWerThJnl 6$ not ¢ondltlon81 on the delivery of • specmc perform¥nco by Ihe chBrfty. •r• T¢CCgni59d when lh• ¢harity t•com•s uncondillonally enulled lo Ihe gr#nl. - Inv•8tmonl Incom•18 Induded %then rec*vobl•. - IneornlrvJ iesources frorn granls, whor• r¢lat¢d to p8rtom•n¢• and Spfjdfic dpllv•Tables, are accounted for a8 Ihe Charity ••ms Ihe right to ¢onsid¥r&lion by ils p1rf0nna￿. dl Resour￿S expended Expendlture Is recoanised on on accxual b8$1s #s o li¥bility 1$ incurnd. Expenditurn Irdude5 ony VAT whlch cannot be fulty f•cThered, and 1$ rtrportgd a$ part Off￿ •xpendibJre to whlth R relates. Chgril8bl• •xp8ndllure compri8e$ Ihoso ¢osls incurrèd by thg charity In lh• d•llvory of its 8cbwiJes and 8ervi¢88 fty Its b•n•ficiaries.11 includos ￿1h ¢osts th•t can be allocated dlrecly to Buch aclivlti?5 and I1￿?$0 ¢¢sts ol an Indlrecl nature to Support m. Gov•rn8nc8 costs includ• thoso Lwls a8slXi91•d with mo$1ing tha consliluiknal and ststyJlLYy requiremenls ol th• ¢hanty and include Ihp audll fees and wdts link•d to th8 strat8glc managemenl olthg charfty. costs $￿ 8lloco1gd beh¥e8n lh8 •XPgndllur• ¢8189orl88 ol the SOFA on a t￿8 deslgned to reflecl lh• u$• ol resou￿0. Costs retallng to ¥ particulaf a¢iivNy ¥ qlloc8t8d dlroclly. oih8fB #f• •PPtirtioMd on an approprl•l• bosth •g. lloor •rè•A, Fér or •stimathd ¢Js898 01 Tonglbl& Flxeil Assets Fixed asset5 costing than £1000 wg wrftt8n off in the year of acqul8ilk)n and items in 8r• ¢8pltslwl. Tangiblè ftxod assels are 51ated al rA)Sl l¢ss d•pr¢¢i4￿on. D&preciation Ss cah)Jlated to wrile off Ihe ¢051 of assets l•$$ Ih•ir estimated re5Mlual v8lue over their oxpoded uselul Ime on a ￿dUcIng b#lan¢e basis at Ihv rale of 25% per annum.

The Slockwell Partnershlp Limitod Notes lo the Accounts for the year ended 31 March 2025 n D•btors Tr8d$ gnd oltw dabtots are recognls6d at Ihe setlement amount due after trade disount ollered. PrepayThents are valued at the am￿nt prepaid aftertsking a¢C(￿nI of any trode discounts due. gl Cash al bank and In hand Cash JI bank ond in hand Includ8s cash and sh9rt Iwm hlghly Ilquld Invffitm•nt$ ￿1h a short mfjturfty ol tlw•• monih$ or less from Ihg date of acqulsltion w openlng ol the deposit or Similar account.. h) Crediknrs and prw6KJns CreditOf5 and provisions are recognlsed whts￿ Ihe charity has a present otAigatK+Tr Te5ultiroJ from a past evènt that wlll probably result in lh& transfer of funds to a Ihird party and the amouni due to sethe Ih8 obligath'on can bè measured or eslimated refiobty. Creditors and wtsvfisitins arè nomally raeognisèd at Ihelr selilement amount after allowing for. any Irade discounls duè. 11 Pensions Conlflbutson8 to ¢mploy•e penslon s¢h$m&s In Un• wlth govemment legi￿at￿. L•gal status ol lh• Tru$l The Injsf is a comparry limlted by gu•r•nt•• •￿1 8h•r¥ ¢8pN•l. Th•11gbdltyof ••ch m•mber In th? evenl of wlndlngryUP1s 11rn11od lo £1. 2 TAxatlon Subjecl to agreement with th8 Inspector of Taxes. Ihe company is ox?mpl from Ih? p¥ym8nl olAny Taxe8 to the extent It18 a reg1sler8d,tharity and not liabl• lor In¢omè Tax or Corp)ralion Tax on incomo tleriv•d from Ils charilable activilles. ThB company do88 not havo a IbAtslity to r•giBtar for VAT. Deficlt for the wviod Th• d8fi¢ll for t￿ p•rlod 1$ •tal•d •ft•T chargSng'. 2025 2024 Depr8cialion IndeFendent ExJmlnl•Uon and 8ccounl4ncy I￿. effjokfidd & Co 4 Staff ¢08ts Staff ¢081s wore as follows 2025 2024 Salary aTrJ pensicffi cosls Soclal Security c06ts 210,977 201.005 2025 2024 Numborn oflull tlnw wployeo9 or full fjm• equ1￿1￿1$ No •mploye8 had emoluments In 8xeo96 01 £80.OC(112024.'Nlll Ponsion ¢￿ts allocal&J to 8clivffjes In proporkn lo th• r•lat•d 8taifing costs h¥)md.

The Stockwell Partnershlp Llmlted Notes lo the Accounts for the year ended 31 March 2025 VoluDtary In¢onw- Grants, Pwoject Income and donatlong 2025 Tot 2024 Tolal R¢strict•d unr•sIr￿18d L8 Lambeth E•dy Ytsars L#mbolh Fcrf4fft Nthork Paffjnt Employm•)t Programm ThriviThJ Stockwdl Misc. other L#m￿lh Grants $4,590 5,900 So,￿0 57,900 172.9 53,724 31,129 19,161 1,249 172.990 53.724 31.129 19.161 5.487 11.838 109,329 S2.62S Granls: Big Lottery SLAM I NHS T￿￿1 Walcot Foundat¢on Sundry Donatio Oth•r Pft)18cl Incthne and Grants City Brfdge Trust LEAP- NC8 LPWP 25,000 2,953 27,263 12,200 27,604 4,238 5,170 274 751 6 Analy•l$ of prol•cl. gwrnanc• and Support ¢os 84815 01 Prtii•cl G8n8r81 •ppothnm•nt exp8nses supp)rt Governance Fun¢tbn 2025 Tot81 Chwltsbl• *ctl¥ltl•• Pro r8tO St8ff hrs by project 229.062 P•r prol•¢l 55,494 Stgff CostB Proh•cl Costs olkn njnnlng cosls 229,062 55,494 284.S86 Govamoftce Co•f• Legal fees Independenl Ex8mln•r Gov•m8n¢e 7 T•nglble Ilxed I•￿$ Furniture Equipment Total Cost 88lanc8 at 1 Awll 2024 and 31st Marth 2025 2,093 9.208 11,301 D•prnclatlon ealance 911 AprN 2024 And 318t Maf¢h 2025 2,093 9,208 11,301 N•t Book V•lu• At 31 March 2025 At 31 Mar¢h 2024

The Stockwell Partnershlp Llmlted Notes to thg kcounts for the year ended 31 March 2025 8 Crndltorg: amounts falling du• vAlhln one ￿ar 2024 DefeThed Incom• Other credllors and accnJals 43.980 10.353 54,333 83.757 89.283 9 Analys5$ ol nol ass•ts be¢we•n lund$ Restricted Unroslrici¥d Fund8 Fund$ Total Funds Fund8 Flxed assats Cuffent Asset Cuffènt Liabllik$ 140.707 15a,3331 140.707 IS4.3331 10 Anatysls ol n•1 a8s•ls b•trwMn fvnd8 Incomlng R•soureoS Outgoiny Rosoure•8 114r24 Tr8nslo 311312S ft••trlGt•d Fund•'. LB Lamboth PEACS stoc1￿ell P0￿gueS8 Community Proiect Slron9lhsnlh9 PortUguo$0 8nt# Spanlsh FamW•s Thrlv+ng SI0¢￿￿1 Misc olh81 small grants 105.390 31,849 $4,274 14.994 61.029 17,38S 105.390 31,849 $4,274 14,994 61,029 17.385 1•to1 R•strl¢t•d Fund• Unrn•trlcl•d Fund•'. Other unigsltsled fuwNIs Tgtsl Unr•strict•d Fund• 88.374 T•tsl Fund• 286 196

The Stockwell Partnershlp Llmit•d Notes to th9 Accounls lor the y8ar ended 31 March 2025 RMirl¢t•d Fund• ar• for th• followlng purpo•••; LB L•rnb•lh L8 Lamtslh Pr¢iKls commissioned by ￿ParO d•pArtm8nt8 of Lamb8lh Council for S￿CIfiC pvrpose8 PEACS WorfKing with ￿"n9'S Health Partners lo deliver the o)mmunity ¢onneclor element of th• Paln.. Equality ol care and supp(Ml in Ihe comrnunty IPEACSI project lor peoplo living wilh ¢hronic p8in in Lambeth Sto¢kw•ll Portugu•s• Communlty Prole¢t Suwbng the Portuguesg speakww comrnunlty wllh w•M•re ￿n￿rrtS •ti(l ¢¢mmunlty d•vdopm•nt. lynd•d Oy th• Natlonal Lottery Cthnmunity Fund Strengthenlng Poflugu•se and Spanlsh Famllles Suppyting Portuguese and Spanish speaking families ￿ financlal res￿One¢ and parenllng skills. fund•d by the W•lcoi Foundalion Thrmng Slockw•ll Projects lo Improvi hetyllh and wellb8lng Ihrough better CLMnecting services to ￿Ople and 8UPPOrtlng residents lo devew healthy Irf￿￿e￿. Mljc olher 8rn4lt grants Smwll 9ronts wrnfftission8d by v&rlou8 lundors and U60LI lh• s$￿0￿C &wpose they were pmvlded lor. 11 R•l•t•d party tr•n•ttk*n• •nd tN$l••8' r•mun•rntlo TNst••s r•c•lv•d no •molumonl>12024 £nlll. No expenBos w•rn pald In the p•rlc<l 12024 £nill.