Charity R•gistration No. 1094989 Company Règistration No. 04261927 {England and Wal•sl WALTON LEA PARTNERSHIP LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 *]ULDT 2211212021 COMPANIES HOVSE A14 217
WALTON LEA PARTNERSHIP LIMITED LEGALAND ADMINISTRATIVE INFORMATION Tru$tse$ C M Ardem C J Jones M Cozens (Chair) A Sparr¢y•V J Smtthe SA Harris (Appointed 27 Juty 20211 Charity nUMr 1094989 Company number 04261927 Registered office Chester Road Highèr Walton Warrington WA4 6TB A¢¢ountsnts John Goulding & Co 4 Southpr>rt Road Chorfey LarKashire PR7 1LD
WALTON LEA PARTNERSHIP LIMITED CONTENTS Pagg Tfustee$' report Independent Examintrs port Statemènt offinanual actIveS Bal#r)ce sheet ststement of ¢ash tlobKs Notes lo the finanual statements 9-17
WALTON LEA PARTNERSHIP LIMITED TRUSTEES. REPORT IINCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2021 The Trustee5, WI are also directors of the Charity for the purposes of the Companies Act. wesent their report and finanual staternents for the year ended 31 March 2021. The financial statements have been ppared in accordance vthh the accounting poliaes set out in note 1 to the financial statements and ctsmpty with the Charity's gtsveming do¢ument. the CompanÈs Act 2006 and "Accounting and Reporting by Charities." Statement of Recommended Pracb"ce applieable to charib"e5 preparin9 their accounts in accordance wth the Finanoal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" {effects've 1 January 20191. Objective$ #nd a¢tivities The Charity exists to pl0ve supported %rk. leamin9 and development for vulnerable adull$ and young people ith leaming disabilities often Complicated by physical and mental health condibons and also lo promote the heritage and history associated wth the Charity's premises. To achieve these obiecb.ves the Charity enabk$ learning through innovth.ve education and development programmes and supported work in diverse social enterprises including bul not limrted to". horb.¢yjtu wthin a heritage walled garden. the sale of refurbished tii¢ycles fumiture, woodwork. craft activit and ts111n9. During the year erKled 31 Marth 2021 the Charity operated wthin prinapal sites . Walton Lea, a walled Ifi¢torian Garden in Higher Walton and Wallon Hall a nearby histori¢ estste. These sites provide our supported learner5 wlh a unique enwronmenl f(x personali5ed leaming an¢J the developmenl of important life skills. as wèll as opportunities for enhanced social engagement and quality of life. The Charity has continued lo vnrk successfully in partnership with Warrington Borough Covnul and Myerscough College to support deVery of the planned outcomes of the Walton Estate Conservatory Range Heriiage Lottery Award. The Twstees have paid due regard to guidan issued by the Charity Ctxnmission in deciding at a¢bvities the Charity should undertake. Achievements and performance During a period overshadowed by Covit1-19 Ihe Charity has demonstrated its rewlience antj responsiveness to changing rnarkel dynarnics and Ghallenging public heath rir¢umstances and on¢e again strengthened f('s financial position. Total annual income has increased, with the inevrtable losse5 in retail in¢ome during periods of lockdown more than offset by improved levels of income from grfts, grants and donations. We are grateful to all those individuals and organi$alions that gave 50 generously to en5Ufe that our leaner support able to continue unabated. The Board are irnmensety gratefvl lo our staff and volunteer$ who demonstrated their unstinting commitment lo our sUPPOrted learners and conb.nued lo deliver amazing outcomes during those pefiods of time Yknen face to face support could not be sustained and home based leaming and support had to be qui¢kly developed and implemented. Throughout. we have continued to delrver a divwse range of learning programme5 in¢luding tutor led enterprise programrres in partnership wrth Warringlon Collegiate. Our partnership work wth Myerscough College and Warrington 8ofough Counal. within the unique environment of the Conservatory Range at Walion Hall. has enabled our learners to acquire addrtional practi¢al skills and to showcase their outstanding horb"wllural and craft 5ki11s io enthu$iasts"c and re¢eptive public. Our commitment to continuous improvement also continued Ihroughout the year the introducb'on of fttrther internal process improvements. the introduction of perfom)ance management and lailored to need. staff training, reffinement of our trganisation slru¢tvres and more tynamic so¢ial rredia engagement.
WALTON LEA PARTNERSHIP LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Finan¢ial rèview This year saw the charity strengthen its ffinancaal posth.on despite the difficulties encounte from Ihe Covid-19 pandemic. Income from the support of leamers Maine{l ldIY static as the charity ¢ontinued to support the leamers throughoul various lockdowm5. However. the income derived from the sale of ttem5 made by the leamers ecrea5ed significanly. This wa5 more than offset by the increase in grfts, donations and grants received during the year and led to a £37k increase in income in the yeaT. Expenditure in the year increased by £16k predOrrinarY as a result of Ofgants8ttonal changes. It is the policy of the Charity that unrestricted funds wch have not been deygnated for a speafic use should be maintained at a level equNalent to befften three and six month's expendrtufe. The Trustees consider that reserves at this level will eft$u that. in the event of a signffiGant drop in funding. they will be able to ¢ontinue the Charity's current actsvities while consideration is given to ways in vthich addrtK)nal fund5 may be raised. At 31 March 2021 uniesln.cted reserves totalled £326k which is equivalent to over 7 monihs expenditure. Whilst this is abovè the stated poli¢y, the Truslees believe this to be prudent during such an uncertain time. In the coming year the Trustees will look to ensure that fvnds are applied in the best inteSIS of the ¢hanty and furthering its aims and objectives. The Trustees have assessed the major risks lo whith the Charity i5 eyposed. and are 5ats5fied Ihat system5 are in place lo mitigate exposure lo the major risks. Strncture. govemance and management Governing documenl The Charity was incorporated as a limited comparty on 31 Juty 2001 and achieved charitablè status on 10 December 2002. It is governed by its Company Memorandum and Artides of Assoryatson, a5 amended by Special Resolution on 15 November 2002. The Charity ¢hanged rts name on 23 August 2013 from the %ltOn Lea Projèct to the Watton Lea Pathership Limrted. The Charity's inlemal pro¢esses and controls have been strengwed and supported leamer records enhan¢ed. Govemance reporting includes an annual report approved by the Board of Tnjstees, monthly oversight of financial results, reviews of variances from budgets, progress against plan and forn1 assessments of leadership and organisational perfomance. To achieve effecb've delegation of authority the Trustees identify and review risks and delegate mrtigati¢)n actions to the senior mana9ement team. Throughtstjl the year the Trustees assessed, pre-empted and managed all major risk5 10 lch the Charty was exposed. The Trustees. vtho are also the directors for the pu*Se of company law. al who swved during the year and up lo Ihe dale of 5ignalure of the financial statements were: C M Ardern C J Jones A R E¢fvArd$ C02ens (Chair) A Sparrow J Smithe S A Harris (Regned 9 De¢ember 20201 (Appointed 27 JY 20211
WALTON LEA PARTNERSHIP LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Re$rv¢s pollcy The Charity's reseThes policy seeks to preik>minanlty ban¢e th fadors." Ensuring resources are expended in a timely manner to maximise the benefit to the Charitys learner5: Maintaining 11quid reserves lo ensure the Charity is suffioenljy $111ent in the event of any unexpected interruptions in income or urgent requiremenls for maintenan¢e eKpendrture." and Building sufficient resources to implement new educab.onal development inib"alives. In assessing the level of 'free reserves. held. tangible fixed assets used to carry out the Charity's activities are excluded, as these are funds that are not readily available foi spending. Infom)ed by an appraisal of fijnding risk. the Board of Trustees consider Ihat the Ththnimum free selveS held 5houbJ be equal to three monlh's expenditure. Al 31 March 2021 the Charity had funds totalin9 £437k of wthich £222k represents free reseryes. At this level the 8oard of Trustees assess that, in the forthcoming year. they *ould be able to $cale actiMb"e$ of the Charity should there be a significant shift in the future basi5 of fvnding. Investment policy The Board of Trustees does not invesl other than in cash on bank deposit and believes thi5 policy is appropriate the Charity. Fixed a55ets Movements in red assets are shown in Ihe notes to the finanrial statements.
WALTON LEA PARTNERSHIP LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Partnership with others The Board of Trustees is especially grateful to the follng for their gjpport of the Charity.. Antrobus Soul Quakers Cheshire Communty Fund David Solomon's Charty Douglas Arter Fouftdatn The D'oyly Carte Foundation Edward Gosuing Chanty Garfield Vveston Hobson Charity Lodge of Charity Lord Levehulme Charty Marks and SperKer, Sto¢klon Heath. Warlington May Heamshaw Charity Mfs M Birch Ratnford Trust Sain5bury's, Chapeblord, Warringlon Skelion Charity UK H Foundation Warrington Borough Council Adult and Communty Serthces The Trustees, report was apFYove¢J by the Board of Trustees. M Cozens (Chair) Trustee Dale..
WALTON LEA PARTNERSHIP LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WALTON LEA PARTNERSHIP LIMITED I report to the Trustees on my examination of the financial statements of Walton Lea Partnetship Limited (the Charity} for the year ended 31 March 2021. Responsibilities and basls ol report As the Trustees of the Charity land also its directors for the purposes of company law) you are responsible for the Preparation of the financial slalements in accordance with the requirements of the Companies Act 2006 Ilhe 2006 Act). Having satisfied mysell that the financial statements of the Charity are not required to be audited under Part 16 of the 2006 Act and are eligible for indepeThJent examination, report in respect of my examination of the Charity's financial stalemenls carried out under section 145 of the Charit Act 2011 (the 2011 Act). In carrying out my examination I have followed au the applicable Directions given by the Charity Commiswon under section 14515)Ibl of the 2011 Act. Independent •X4minerfs statement Since the Charity's gross income exceeded £250,000 your examiner must be a memb&r of a body listed in section 145 of the 2011 Act. I confim that l am qualrf*d to un¢Jertake the examinalKin because l am a member of , which is one of the listed bodies. I have Completed my examination. I confirm that no matters have me to my attention in connection with the examination giving me cause to believe that in any matenal respect.. accounting records were not kept in respect of the Charity as required by SeCtn 386 of the 2006 Act,. or the financial statements do not accord wrth those records", or the financial statements do not wmply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considwed as part of an independent examination". or the financial statements have not prepared in accordan with the methods and principles of the Slalement of Recommended Practice for a¢ntIng and reporting by charilies applicable lo charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK aThJ Republic ol Ireland (FRS 102)- I have no eoncems and have come across no other matters in o)nnection with the examination to which attention shoukl b8 drawn in this reporl in order to enable a proper understsnding of the financial statements lo be reached. Simon W¢fswlek BA FCA John Goulding & Co 4 Southport Road Chorley Lanc3shire PR7 1LD Dated..
WALTON LEA PARTNERSHIP LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021 Unrestricted Restricted funds funds 2021 2021 Total Unr•stri¢tod Restricted fund5 funds 2020 2020 Totsl 2021 2020 Notes Donations and lega¢ies Chantsble a¢tivities 102,648 482.312 60.899 163.547 482,312 37.882 548.210 22.120 60.002 548.210 Total incom• 584,960 60.899 645,859 586.092 22,120 608,212 Raising funds 22,058 22.058 22,834 3,308 26.142 Charitsble aclivllies 491.039 58.067 $49,1C S19.251 10,108 529,359 Total resources expended 513,097 58.067 571.164 542.085 13,416 555,501 Net Income for the yearl Net movem•nt In fvnds 71.863 2.832 74.695 44.007 8.704 52,711 Fund balances at 1 April 2020 244.325 118.334 362.659 2Tr).318 109,630 309.948 Fund bal•n¢•s al 31 March 2021 316.188 121.166 437.354 244.325 118,334 362,659 The statement of financial actNities includes all gains and losses recogni5ed in the year. All income and expendrture dertve from ¢onbnuing activit*s. The Staterrnt of fin3ntyal a¢tivilies also corrwies the requirements for an income and expenditure a¢eount der the Companies Act 201.
WALTON LEA PARTNERSHIP LIMITED BALANCE SHEET ASAT31 hlARCH 2021 2021 2020 Not•s Fixéd assets Tangible assets 10 215.081 226,432 Curr¢nt assots Stocks Debtors Cash at bank and in hand 11 12 500 35,975 202.025 500 30.249 130.600 238,500 161.349 Cfeditors: amounts falling due within on• year 13 (16.227) 125.1221 Nel Current asset$ 222.273 136,227 Total assets less ¢urr•nt liabiliti•s 437,354 362,659 Incom• funds Restricted funds Unrestricted funds 15 121,166 316.188 118,334 244,325 437.354 362,659 The company is entitled to the exemption from the audit requwement contained in section 477 of the Companies Acl 2006, for the year ended 31 March 2021. The dire¢tors a¢knowledge Ihety responsibilrties for comptying thtr requiremerts of the Companies Act 2006 th respect lo 8ccounthng records and the preparation of financial stslements. Th¥ members have not required the company to oblain an audit of its financial statements for the year in question in a¢¢ordance wlh se¢tion 476. These financial statements ha¥e l)een prepared in accordance w7th the provision5 applicable to companie5 subject to the Small mpanIeS regime. The financial stslements We approved by the Trustees on ...i.& >?1 M C¢2en$ (Chairl Trustèè Company Registration No. 04261927
WALTON LEA PARTNERSHIP LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2021 2021 2020 Cash flo¥ws from operating activities Cash generated from operatsons 80.118 49,073 Inv•sting activities Purchase of langible fixed assets 18.6931 (17.4581 N•t ¢ash used in investing a¢llviti•s (8.693} 117.4581 Net cash usèd In flnanclng activities Net tn¢rease in cash and ¢•$h equrvalents 71.425 31.615 Cash and cash equivalents at beginnirrfJ of year 130,600 98.985 Ca$h and cash equivalents #t end of year 202.025 130,600
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021 Accounting policies Charity Infomiation Walton Lea Partnership Limited is a private company limited by guarantee incorporated in England and Wales. The registeied office is Chester Road. Hher Wdlton. Warrington. WA4 6TB. 1.1 Accounting convèntion The financial slalements have been prepar in aeeordance the Compafties Act 2006 3nd'Accountsng and Reporting by Charities". Statement of Recommended Practice applicable to charities preparing their accounts in a¢eordance wth the Finanual Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January 20191" The Charity is a Public Benefit Enbty as defined by FRS 102. The financial statements are prepared in sterling. which is the fvnctional currency of the Charty. Monetsry amounts in these financial statements are rounded lo the nearest £. The finanrial slalemenls have been Prepa under the histoiical cost convenb"on. The prinopal accounting policies adopted are set out beknv. 1.2 Going ¢on¢¢rn At the time of approwng the financial 5talemenls, the Trustees have a reasonable expectslK)n that the Charity has adequate resources to continue in operational existence for the foreseeable fvture. Thus the TnJ5tees continue to adopt the going concem basis of accounb.ng in preparing the finanoal statements. 1.3 Charitatle funds Unreslrrted funds are avadable lor use at the dI$ts.0n of the Trustees in fvrtherance of their ¢haritsble obj'ectsves. Restricted funds are subject to speeffjc conditsons by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endownenl lunds are subie¢t to specffic ¢ondrtion5 by donors that the tspital musl be maintained by Ihe Charity. The Charity does not have any suth ftjnds at this time. 1.4 Incoming rèsourcès Income is recognised when Charity 1$ legalty entiued to rt after any perfoman¢e conditions have been met. the amounts can be measured reliabty. and it is probatAe that irKome will be received. Cash donation$ a recognised on ceiPt Other donats.ons are COgnised once the Charity has been notified of the donation, unle55 perforrnanr£ nd"onS require deferral of the amount. Income tsx overable in relation to donations received under or deeds of ¢ovenant is recognised at Ihe tsme of the donation. Legacie5 are rewnised on receipt or otherwse if the Chawity has been rx)tified of an impending distribution. the amount is klWn. and r1p1 is expected. If the amount is not known, the legacy is treated as a contingent asset.
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 A¢¢ounting policiès IContlnu•d 1.5 R•sourc•s •xperKled Expenditure is recognised On there 15 a legal or constru¢b"ve oblKJabon to transfer eOMiC benefit to a third party, it is probable that a transfer of ecorbomic benefrts y1 be required in setuement. and Ihe amount of the obligation can be measured reliably. Expenditure is da55ffied by ath"Mty. The costs of each a¢b"vty are made up of ihe iotsl of direct costs and shad costs. including support costs involved in undertaking each actNty. Direct costs attributable to a single activity a allocated directly to that activty. Shared costs which contribute to more than one activity and support costs vthi¢h a not attribulable to a single adivty a apportioned betsveen those activities on a basis consistent with the iJ5e of resources. Central staff c0515 are allocated on the basis of ts.me spent, and depreaation charges are allocated on the portion of the assel's use. Resources e¥pende(l a aecounted for in a¢¢ordance 7hith the 8ccruals ¢Mvenb"on. Expenditure on operational programmes 15 recognised in the period in which il has been incurred. A designated fijnd 1$ eStatl$hetfj for expenditure has been committed to projects but remains unspent at the year end. Govemance Costs include costs of the preparation and examinatKJn of the statutory accounts. the costs of Trustees. meetings and the costs of any gal advice to Tmstees on govemarKe or ¢onsb"tukn"onal matters. 1.6 Tangibl• fix•d assets Tangible fixed assets a initially measured at cost and subsequenlly measured at Cost or valuation. net of depreciation and any Trmpairmenl losse5. Oeprecialion is recognised so as to lte off the cost or ¥aluabon of assets less their Te5idual values over their useful lives on the followng bases.. Leasehdtj land and buiklin9S Plant and equipment Computers Motor vehides 2% on wst 25% on reduung balance 33.3% on cost 25% on reducing balance The gain or loss arising on the disposal of an asset is determined as the difference befvn the sale proceeds and the carying value of the asset. and is recognised in the statement of financial activities. 1.7 Impaimiont of fix•d assets At each repo.ng end date, Ihe Charity review5 the carying amounts of its tangible assets to delemine whether there is any indicatson that those assets have suffered an impaimrtt los$. If any such indication exists, the recoverable amount of the asset 15 esb"matd in order to delermine the extent of the impaimienl loss lif any). 1.8 8tock5 Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direcl materials and, applicable, direct labour costs and those ovetheads that have been incurred in bringing the stocks to Iheir present location and condffton. Items held for distribution at r0 or nominal consKleration are measured the lthver of replacement cost and cost. Net Tealisable value is the estimated selling price less all estimated ¢osts of ¢ompletitin and costs to be incurred in marketing. selling and dislnbuts"on. 1.9 Cash and cash •quival•nts Cash and Cash equivalents indude cash in hand. deposits held al call wth banks. other short-term liquid investments wth original maturilies of three months or less, and bank overdrafts. Bank overdrafts are shown wlhin borroywngs in rrent liabilities. 10-
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Accounting p¢llcle$ (Continuod) 1.10 Financial instrum•nts The Charity has elected to apply the prowsions of Section 11 'Basic Finanryal Instruments, and Section 12 'Other Financial Instruments Issues. of FRS 102 to all of its financial instruments. Financial instnJments are recognised in the Charity's balance sheet when the Charity becomes party lo the ntractual provisions of the instrument. Financial assets and liabileS are offset. with Ihe net amounts presented in the financial stslements. when there is a legally enforceabk right to set off the recognised amounts and there is an intention to settle on a nel basis or to realkse the asset and setlle the liaknlty gmuhaneously. Basic financialassets 8asic financial assets, vthich include debtors and cash and bank balances. are initialty MeaSud at transaction price inclding transaction costs and are subsequently carried at amortised cost using the effective interest metl)od unless Ihe arrangement constrtutes a finanang transaetion. where the transaction is measured al the presenl value of the future receipts discounted at a market rale ol interest. Financial assets dassthed as receivable wthin one year are not amoitised. Basic financial liabilities Basic financial liabilities. includin9 creditors and bank loans are initially recognised at transadson price unless the arrangement consb"lutes a finanong transath"on, vknere the debt instrumenl is meaSUd at the present value of the fulufe payments discounted at a market rate of intere5L Finanoal liabilib.es classified a$ payable wthin one year are not amortised. Debt iD5trumenls a subsequenyy carrie(l at amorb.seij ¢osL using the effecknve Inte$1 rate method. Trade creditOTS are obligations to pay for good5 or services that have been auired in the ordinary course of operations from suppliers. Amounts payable are dassffied as current liabilrties rf payment is due within one year or le55. If n¢>t. they are presented as non-culrent liabilities. Trade credtior5 are recognised initi'ally at transaction price and subsequenuy measured at amorb.sed c051 using trje effective terest method. Derecognition of financlal liabilitses Flnancial liabilities are de¥eco9nised when the Charity's contraclual oblyations expjre or are discharged or Cancelled. 1.11 Employèe beneffts The cost ol any unuse(I holiday entrtlement is nised in the per in which the emp4oyee's services are received. Termination benefits are re¢ognised immediately as an expense *then the Charty is demon$trabty committed to teiminate the employment of an employee or to provide termination benefit5. 1.12 R•tirwnent b8Mfits Payments to defined contribLrtion retirenI benefft schemes are charged as an expense as they fall due. 1.13 Apptirtionm•nt of ¢osts Costs of direct chantable expenditu are allocated on the bays of consumpts'on of gix)ds and services in each of the projects operated by the chanty- Support costs indude any other cost5 bome by the charity in continuance of ils activities. Where expenditure has been Irurred which represents both charitable project support and general rnanagement of the charity the cost has been apporboned on the basis of the management lime allo¢ated to each activrty- Govemance costs are those incurred in connection with administralion of the charity and compliance constitLrtional and statutory requirements. Costs are apportioned gross includin9 irre¢overable VAT. 11
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Critical accounting estimates and judgements In the applic8liM of the Charity's a¢un"n9 policae5, the Trustees are required to make judgements. estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and assoaated assumptions are based on historical experien¢e and other faGtor5 that are considered to be relevant. Actual results may differ from these estimates. The estimates and undedying assumptKffts are revithtd an ongoing basis. Revisions to accounting estimates are recognised in the period in which the ests.male 1$ revised where the revision affects only that period. or in the period of the rewsion and future periods where the revision affects bolh current and future period5. Donations and legacies Unr•stricted Restricted funds funds Totsl untricted Restricted funds funds Total 2021 2021 2021 2020 2020 2020 Donations and grf 102.648 60.899 163.547 37.882 22.120 60,002 GrItable activitie$ Charitabl• Ch¥ritsblè activitie$ activities 2021 2020 Sales wthin charitable activities SeNi¢es provided under contr 40,196 442,116 95,364 452.846 482,312 548.210 Raising funds Unrnstri¢tsd UnstriCted Restricted funds funds funds Total 2021 2020 2020 2020 and ublic Fundraising agents Other fundraising $ts 16.671 5.387 3.308 22.834 22,834 Fundraising and publi¢rty 22.058 22,834 3,308 26.142 22,058 22,834 3,308 26.142 12-
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2021 Ratsing funds (Continued) Charitable activities Charitsbl¢ Charttable activitie$ activities 1021 2020 Staff costs Depreciation and impairment staff training Rent, rates and ullibes Insuran¢e Telephone and broadband Postage and stabonery Repairs ar renewals Motor and travel costs Hire of plant and machinery Benefirdary costs Sundry expensès Cleaning and kitchen suWies Covid newsletter and PPE wsts 288,605 20.044 6.142 28,216 3.695 8.571 2,255 7.841 4.562 1.367 2.830 2.995 9,606 8,533 302,997 19,812 1.805 18.252 8.237 13.091 2.506 15,019 857 2,571 1,544 3,006 7.662 395,262 397,359 Share of supwl ¢osts (see note 7) Share of governance costs (see note 71 152.884 960 129,840 2,160 549.106 529,359 An•ty$is by fund Unrestricted funds Restricted fvnds 491.039 58,067 519,251 10,108 549.106 529.359 13-
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 Support costs Support Govemanc• costs costs 2021 Support Governance costs costs 2020 staff costs 8ank charges Consultan¢y fee$ Legal fees Accountancy Subscriptions 134,456 4.727 8.217 1.937 3,140 407 134.456 4.727 8.217 1.937 3.140 407 95.533 4,612 1 5,362 6.308 7.751 274 95,533 4.612 15.362 6,308 7.751 274 Independent examinerfs remuneration 960 960 2.160 2,160 152,884 960 153,844 129.840 2,160 132,000 Analy5ed been Charrtable ath"vitses 152,884 960 153.844 129.840 2,160 132,000 Trustees None of the Trustees lor any persons connected them) rerEived any reffluneration or benefits from the Charity during the year. Employge$ The average monthly number of emF4oyees during the year was: 2021 Number 2020 Nurnber Support staff Management stsff Commercial staff 25 29 Total 29 33 Employment ¢¢sts 2021 2020 Wages and salaries Soual security cos15 Other pension costs 395,875 22,980 4,206 377.387 15,960 5,183 423.061 398.530 There were no employees wttose annual rerNneration vras than £60,000. 14-
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 10 Tangible fixed aSts Leasehokl Plwrt and CthivrtqOIrvehTrC1Es nd and equlpmqrrt Iwlldings Tolal Cost At 1 April 2020 Addrtions 315.619 21.065 4.164 1.700 4,529 30.776 369,160 8.693 Al 31 March 2021 315.619 25.229 6.229 30.776 377.853 Deprgciation and impalmiènt At 1 Apiil 2020 Depreciabon charged in the year 114,235 12.752 8,715 3.504 378 19,400 2.644 142.728 20,044 At 31 Mar¢h 2021 126.987 12.219 1.322 22.244 162,772 Carrying amount At 31 March 2021 188.632 13.010 4.907 8.532 215,081 At 31 March 2020 201.384 12.350 1,322 11,376 226,432 11 Sto¢ks 2021 2020 Raw materials and consumables 500 500 12 Debtors 2021 2020 Amounts falling due within one year: Trade debtors Prepayments and aGwed in¢ome 33,003 2,972 29,449 800 35,975 30,249 13 Cr•ditors: amounts falling du¢ v4rthin on¢ y•ar 2021 2020 Trade creditors Other creditor5 Accrvals and deferred income 2,445 993 12,769 5,706 1,150 18.266 16,227 25,122 15-
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 14 Retirement benefit8¢hemes Defined ¢ontribution s¢hèmè$ The Charity operales a defined contribution pension scheme for all quality.ng employees. The assets of the s¢heme are held separately from those ofthe Charity M) an independenlty administwed fund. The charge to profil or loss in respect of defined nIribUtIOn schemes was £4.20612020- £5,183). 15 Restricted funds The income fvnds of the chanty include restricted funds comwising the folkn4ing unexpended balanees ol donations and grants held on trust for speryfic purpose$- Movement in fijnds 8alanc• at In¢omlr¥J ROur5 BalarKg at l 2020 r•5QyrC vxpgndsd 31 March 2021 Buildings improvements W O Slreet Awards forAI RTR Foundation William Howarth Trust Vinci Skeltort Charity Warrington CIF Cheshire Community Fund Hobson Charity Edward Goslling Charity May Heamshaw Charity Cheshire PCC D'oyly Carte Foundation Lottery Covid-19 Response (>ant CheshiTe Community Fund Rainford Tnjst Cheshire Communty CCF DouglasArter Fountlats"on 102.820 1,282 8.000 5.232 1.000 (6,4891 (1.2821 (8.0001 15,2321 {1,0001 96,331 10.000 2,000 1,691 14.096 2.000 5,000 1,500 837 3.900 7.892 4,983 1,500 5.000 500 10.000 400 1,563 6.719 400 1,000 11,600} (128} (T,377} 11,600) 14,000} {1,2001 18371 13,1201 16,3161 13.9861 11,500) 14,000} (4001 780 1.576 997 1.000 100 118,334 60,899 {58,067} 121,166 16-
WALTON LEA PARTNERSHIP LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021 16 Anatysi$ of not ass•ts b•twÈen funds Vnrnstricted RestrietÈd funds funds 2021 2021 T*)lal Unrestn"¢ted Restricted fvnds lunds 2020 2020 Total 2021 2020 Fund balances at 31 March 2021 are represented by.. Taftgie assets Current assetsl 120.092 94,989 215.081 123.612 102,820 226.432 205.806 16.467 222,273 120.713 15,514 136,227 325,898 111,456 437.354 244,325 118,334 362,659 17 Related party tran$a¢tion$ There were no disclosable related party transactions during the year (2020- none). 18 Cash generated from 0ratIor 2021 2020 Surplus for the year 74.695 52,711 Adjustments for. Depretsab"on and impainnent of tan9ible fixed assets 20,044 19,812 Movements in working capilal.. Ilncreaselldecrease in stocks Iln¢reasel in debtors IDe¢rease} in creditors 882 {19,9091 {4,4231 (5,7261 (8.8951 Cash g•n•rat•d from op•rations 80,118 49,073 19 Anatysis of changgs in ngt fvnds The Charty had no debt during the year_ 17-