Cornpany Rcgistration Number.. 04243893
Cbarity Registraiion Number.. 1098284
Worthing Community Partnership
Company Limited by Guarantee
Unaudited Financial Statemertts
30 June 2022
111
*AC0EPVRE*
3010312023
COMPMIES HOUSE
202

WTrrthikg Community Partnership
Company LSmited by Gu*raD¢ee
Fin8Jlti•l Statements
Year Ended 30 June 2022
Page5
Trustees Annual Report (tncoTwatiDg the DIreC￿r.5 Re[￿)
3r06
Independeni ExamiDer's Ryrt to the Trusie&s
StateTnent of Financial Adivitie5 (Including Inc¢)rne and Expenditure Account)
Statement of Financial Position
910 10
Notes to the Financial Sthtemenis
11 ¢0 18

Worihing Communlty Partnershlp
Cornpany Limited by Cuarantee
Firtattcial Statements
YeAr Ended 10 June 2022
The tTUStees, who are also the directrJTS for the PUTW)ses of company law, preseni iheir leport and the unaudited
finartcial statements of the charity for the year ended 30 Jwie 2022
Reference And Administr*¢ive Det*51s
Registered charity name
Worthing Commvnity Parthership
3 Worthing Community Chest
Charity registration Tr￿Mber
1098284
Company registration number
04243893
Prlneipal offiet and registered office
Town Hall
Chapel Road
Worthing
West s￿eX
BNII IHA
UnL*d Kirtgdom
The Truste¢s
M Brett
M Ansell
SJ RobinSOD-Viney
R Fokou
N AtkiDs
R E Nowak
A Stimpson
(Appointrd I l July 2022)
(Resigned 21 December 2022)
Independent Examiner
Oliver Tatsa Yemeli FCCA
Belv¢T Accounting & Business Setvices (BABS) Ltd.
4 Presion Road
Brighton
East Sussex BNI 4QF

Worth5ng Community Partrtership
Company Limited by Guargntee
Trustees, ADnuAI Repfyrt (Kllcorporating the Director's Report)
Year Ended 30 Jwne 2012
Struetur& GovernaTrce and Management
The ¢harity ss ¢onstiThted as a cojnpally Itmited by guaranttt and 15 therefore govuned by a memorandum and articl¢5.
of ossociation daied 29 June 2(Kll.
The trnSte¢s att #ppoitited at the ADnual General Meettng and one thrrd rettres rll rotstion and can be re-appointed. The
mLStees may further appoint tNstees to fill vacancies arising betwe￿ Annual GerEer81 Meettng5. The irusiees ar¢4
recruited dependeni on skills required antl contribute at Board meeting5 and ai least one other committee or role wtthiit
the organisalion. Trustee5 are given an induction by the CThair. Treasurer ind other trustees and receive on-going formal
alld infomJaS training at board meetin8s. away doys and ihrnu8h links with oiher local agencies. Worthin8 Comtnunity
Partnership is a small organisation and a5 such, tru5tets and all volunteers within the organisation. are rnore activt than
would usu¥lly17e reqtsired of a governance role within a larger organisation tbat bas a greater numbeT of paid,"5tafT.
Public Benefit
The trustees have referred io the ch￿lty Commissions guidanc¢ on public benefit wliEn reviewing ihe cornpany's oims
and objectives and in planning future activities. As a grant rnaking charity. Worth￿8 Community Chesl Exists lo ll￿ke
partneT5hip$ and offer financial grants io enable local groups. piojrfts and events for the public benefit.
Objectives #nd Adiyitles
The Worthing Corntnunity Parn￿1$￿.p is known locally &$ the Worthing Comttlunity Chest and is an independent..
OTganisaiion enabling and supportin8 local cornrnunity regenerdtlOTl* PTOjrfts and events. We operAle as far as pos5iblt
by buildtng parther5hips with l(Kal voluntsry organisations and clubs. busit)esses. Sta￿tOry bodies and individuab.
Our P4rp05e
To tackle social isolation ortd economic depnvarion by..
l) Bringing people at)d OTgani5ations iogether to find solutions to address local issues artd oppOr￿nitIeS.
2) Acting as a conduit for fimding to enable running of prowdmrnes and specific events and Projects.
31 Working together with organisations to asSlSt and lead in the delivery of projects alld initiallves.
4) Supporting small local groups with financial assistance through Worthin8 Conjmunity Chest grants:..
Athievemtnis *nd Future Plan$
The main irtcome for ihe charity is derived from the continuing c¢cupan¢y of the freehold prop¢rry. Renaissance House
in Rowlands Road, Wonhing. This enables the organtsation to caTry Out its ¢harilable furtctiorjs. Textilc recycling
income received via Worthing Borough Council is restricted to &wardrn8 Worthing Community Chest small grant5. We
received £61Jl unrestricied fijnd from Worthing Acte5s Mobility Group. the Textile rvy¢lillg received via Worthing I
Borough Council income 15 incTeTnentally diminishing by the year_ The Charity wiu contiThue to promote recycling
locally to help to rneet council re¢y¢ling targeis, reduce landfill waste and nise ￿ndS for distribution to local gr()UP5
and evenis in Worthin8.
A list of organisations who have benefifted from grants awarded in ihe y￿r is included in Dole 8 lo the financial
state￿entS. The charity awarded grdllls. grass roo15 fi]nding and seed fvjding to help organisafions Cope with the
drffJ¢ult trrncs of approxrmaiely £29,769 during the ye8T. helping io enable a wide raT>ge of evenis to tske place in
Wonhing. Mole detailed achieyernenis and activities of the charity are detailed in the Charity's Annu31 Report ayailable
from the town hall and Lwn requesf.

Worthing Community Partne￿h￿p
Company Limited by Guarantee
Trusttts, Annual Reptsrt {Incorporating (h¢ Director's Report) {COlltiniJed)
Year Ended 30 June 2022
Financi*l Revltw
The rcsulr5 for the year ar¢ sei out in the ststrtn¢nt of financial acrivities on Pagc 8.
There w&% a totsl nei sI￿rtraI1 for th¢ y¢ar of £1 1.117 (2021.. £17,923 surplus). The surplus generated on the
unrestrict¢d gener31 fund was £9,45512021.- £28,290).The overspend on support cost5 of £7,698 compared io rhe
previous year is due to Staff Cost and PmfessioDal fee 2021.. £26,415 (2020.. 18.717). This sutplus and n¢t assets
enablcd ihe uwtfes to allo￿le an addiiiooal £20,572 of unresiricied fijnds to restricted in￿rn¢ ￿ award £18.745 in
community chest grants, Gra￿ roots and Seed funding of £1 1,024 and £1.817 sbortfall covered by the designaL¢d
Renaissance House Repair ￿nd& leaving £9JOO Shortfall in ihe year to be covered by unrestTic¢ed. undesignared ￿ndS
as at 30 June 2022.
Reserve5
In thc conttxt of the￿ financial sIat¢Drn￿ testhes are the funds avaiiabl¢ Lo the charity that can b¢ mad¢ available io
spend for any or all of its purposes. once li has mei its commitments and covered ILS planned expendiiure. These
eomprise restri¢trd Teserves to be spenl 501ely on Community Ches¢ Grants and unresrrictrd funds that tnay be
d¢signaied by the trustees for spe¢ifi¢ purposes to enable the work of the cbarity to continue and grow and meei its
anticipated requir¢m¢t)ts.
The level of reserves is tnonitored and reviewed on a bi-monthly basis. Tbe direciors consider it pnjdent that
unrestricted resc￿￿ should cover 3 month5 Turffting costs for ihc charity aThd major repajrs at Rcnaissance Hous¢.
UnrestricMI tunds comprise £315,379 representing the nei book value of lienaissance House. designated funds of
£22,557 for rnajor repairs. £7,299 representing three mollths. Th￿￿*ng costs leaving tothl undesi8nated funds of £42,846
a¢ 30 June 2022. This meets the trus￿e$. desired level of reseNes. It is expecred that rh¢ unr¢5tricied r¢5¢ryes will be
used io award further grants in th¢ ￿Mi[18 years as the recycling income reduces.
Restri¢ted Community Chest Grants Fund
Futlds received frorn Worthing Borough Council from ￿tIle recycling arc held for the 501e purpose of awarding
communiry chest small grants w fund local projects and events. Recycling incom¢ of £9,197 was receiv¢d in ihe year
atld grants of £18,745 were awarded in the year.
De5ign#ted Major Rep*irs Fund
Funds re¢eived from ienanrs in excess of service charge recharged costs are held for the sole purpose of major repairs
and property works rechargeable to tenants under the tern)s of their leases. The purp05¢ of thi5 fund is ¢0 reduce
tluctuation5 in annual service char8¢ Costs that would be cau%d by re¢lwging all major works on Renaissan¢¢ House io
the period they are InCu￿¢d and io ¢nsure fi￿￿8 are available for planned major works such as lift repairs and external
pioperty redecoration.
Risk Assessment
"I"he directors review financial and other risks when appropriate and have established procedures io ensure thai
trdosactions and projects are properly authorised. Ongoing (￿upanCY of Renaissance House is necessary for the
ongoing sus￿1n&bl11ty of the charitsble company in its curreDi fomi. Trustecs are looking forward ￿ maintain the lease
with our curren¢ ienanis Western Sussex Health Trust as th¢y were aW￿ded the continuing contract to offer the sexual
l)eald) sei'vi¥¢b frum our propery and will continue in tenancy for the next three to tive ycars.

Worthlng Community Partnership
Company Limited by GuaraDtee
Tru5tees' Annual Report (ltscorporating the Director's Report) {tontin￿ed)
Year Ended 311 June 2022
Statement of Tru5tees' Re5pons5bilitie5
The Irusitts (who are a150 directors of WorthiDg Community Partnership for the purpose5 of wmpany law) are
Tesponsible for preparing the Directors. and Trustees. re￿rt and financial statements in wdance with applicoble law
and the Charities SORP (FRS 102)_
Company law reqdi￿5 the trvstces io prepare fjnancial Slatements for each fJnaDcial year which give a true and fair I
view of the state of affaiTS of the charirable cotnpany and of the incoming resources and application of resources: '
including the income and expenditurt of tbe ¢hari¥ble company for the year.
In preparing these fU￿nCIal 5thtements, the tnjstees are required to:
select suitoble accounting policies and then apply them Co￿315tentIy.
observe the methods and principles in ihe Chariiies SORP;
Tnake judgemeuts and a¢rounting estimates that are rewnable and PD2dent'
slate whether applicable UK Accounting SthndaTds have been followed. subject io any material departures i .
disclosed and explained in the finallcia] 5taiements-
prepa￿ the financiat slatements on th¢ going basis unless it is inappropriate to presume that tl]e ch&rity
will continue in operation.
The trustees are responsible for keeping adequare accounting records that are sufficient to show and explairt the-."
charitable COTnpany's trdn5actions and disclose with reasonable accurdcy at any time ihe financial position of the
charitable company and enable theln lo ensure that the financial 5talements comply with the Cornpanies Act 2(KJ6. They
are also responsible for safegtsarding the assets of tbe charitable CoM￿Y and hence for iaking reasonabl¢ sieps for ihe
preventTron and detection of fraud aDd otheT iryegularitiv.
Small Comp¥ny Prnvisions
This report has b¢en prepar¢d in accordance with the provisions applicable ro companitt entitled io the small
companies, exernption.
The cllaiity 15 not subject to audit under comp3ny12w and is eligible under charity commission requirement5 foT
indtprndent examination.
Independent Ex4miner
Oliv¢r Talsa Yemeli of Belver Attounting and Business SeThices (BABS) Ltd will be prop05ed Eo the Afjm to b¢
reiained as th¢ indep¢ndeni examiner.
Signed on behalf of the trustees
2810312023
Mar 29. 2023. 1
ift5111ai25.20k31tr03Gwf*
Rigobel Fokou
Treasurer
Noel Atkin
Chair

Worthlng Communlty Partnershlp
Cotrnpany Limited by Guarantee
I#d"ependent Examiner's Report to the Tr￿SteeS of Worthitsg Commuttity PartDer5hip
Year Ended 30 2022
I re[￿ to the tsusrees on my ¢xwninwion of the accounts of ihe Worthing Community Partnership for the year ended
30th June 2022.
Respon5ibilltles 8nd b*sls of reptsrf
As the trustees of the chan.ty (and also IL* directo￿ for th¢ pwpose5 of Company iJw). you are responsible for the
preparation of the financial sta*ments in accordance with the requirements of the Companies Act 21X)6 {the 2006 Act)
Having satisfied myself that the financial staterneft￿ of the charity are not re4uired to be audited ll￿Atr parts 16 of the
2006 Act and are eligible independent examination. I report in respect of my examination of the charity's financial
slat¢rn¢nis carried out under Seciion 145 of the Chan"Èies Aci 2011 {the 2011 Acr). In carrying oui my ¢xatniiiaiion. I
followed all the applicable Directions giv¢n by the Charity Commission under Section 145 {5)(b) of the 2011 Aci
Independenl examiner's statement
I have completed my examination. I confimi thai no material matters hav¢ cotn¢ to My attention in connection with ihe
examination giving me cause to believe that in any material respect:
l. accouniing records were noi k¢pi in accordanc¢ with section 386 of the Companies Act" or
2. the accounts do not accord with ihose records. or
3. the accounis do 001 comply with relevant accounling requiretnents under section 396 of th¢ Companies Act
2006 other than any requiremen( that the accounts give a'true and fair, view which is not a matter considered
as paft of an independent examination- or
4. the accounis have not been prepared in accordance with the Charities SORP (FRS102).
Signcd:.
Name:
Oliver Tatsa Yem
i FCCA
Belver Accounting and Business Services (BABS) LTD, 4 Preslon lioad. Brighton, East Sussex BN I
4QF
2810312023
Address:
Date..

Worthing Communlty Partnenhip
Company Limited by Cuar*ntee
StAtement ofFiDartcial Activities (including inetsme and txpethdltsre *C￿ll￿t)
Year Ended 30 June 2022
UTrre5tri¢ied
nds
Rethitted
fvllds
Total
funds
Toial j-.
Note=
Income and endowments from
Donattons and legacics
Charstable activities
Income from invesimen15
640
35,182
48
9.197
9,837
35.182
48
43,751
.87
Total locome artd ¢mdowm¢nts
Expenditure on
Charitable activities
Emergency Funding (Covrd19)
Grass R¢)tsts Fuodittg
less prior year un¢laim¢d
Tot¥l Expenditur¢
8-11
26.415
18.745
45,160
457.
11.024
11,024
26.415
29.769
56,184
38,999
Net Incomel(exptndlture)
9.455
20.572
17.923
r4et movement f￿ndS
9.455
-20.572
-11,117
17,923
Reconciliation of funds
Toial funds brought forward
Trnnsfer unrestricted io Cover
restricted fund5 shortfall
Toial funds ¢arried ftsnward
399.198
399,198
381.275
-20.572
388.081
17
388.081
399.198
The $taternent of fin?ncial activities in¢ludes all gains 8nd 105se5 rttognised in the year
All income and eXpendi￿re ¢Jerive from continuing activities except those iternised in note 5
Thr notes on pages I I to 18 fonn part of these financial ststements

Worthing Commun5ty Partnership
Company Limited by CuaTan¢ee
Ststement Of Financial Po$itioD
Year Ended 30 J￿￿e 2022
2022
2021
Flxed Assets
Tangible fixed assets
Note:
13
315J79
317.379
Current Assets
Debtor5
Cash ai bank and in hand
14
6,242
3,293
99,438
26.736
103,064
20.912
Creditors.. amounts lalling thie withiti one year
15
Net Current Assets
Totsl Assets I￿S Cllrrent Liabilities
72.202
J88,081
82.152
399.531
Creditors= amounts falling due after
more rhan one year
Net Assets
16
333
388,081
399,198
Funds of the Charity
Restricted funds
Unrestricted funds
388,081
399.198
Total Charity funds
17
388,081
399,198
For the year ending 30 June 2022 the charity was entitled to ex¢tnption from audii ullder seciion 477 of the Companies
Aet 2006 relating to srnall eompanies
Trusl¢es' resp)nsibiliti¢s.'
The members have noi required the charity ￿ obtain an audit of its fjnancial sratements for (he year in question
in a¢¢ordance with seciion 476.
The trusrees acknowledge their responsibilitics for complyng with the requirements of the Act with r¢spe¢t to
accounting records and th¢ pr¢paration of financial statemet)ts
These financial stat¢m¢nts hav¢ b¢¢n prepared in accordance with th¢ provisions applicable to companies subject to the
small Cornpanies regLme.
The notes on pagcs I I to 18 fonn part of these financi¥l statements

Worthing Community P4r¢nership
Compsny Limited by Cu•rafjtee
St#tement of Fin*neial Posittoth {coAtinued)
Ye&r Ended 30 June 2022
These financial stat¢TnenlS arr to be approved by the board of mL5ttts authorised for i5we and will b¢ signed on
behalf of ihe board by-.
2810312023
R Fokou
Treasurtr
The notes on pages I I to 18 foml part of these fwancial thternents
10

Worthing Community Partnership
Company Limited by Guarantee
Notes to the Financial Sthiements
Year Ended 30 June 2022
l. Generxl In[￿rmatIon
The charity is a privat¢ comp#ny limited by guaTantee. registered in England and Wales and a registered charity in
England and Wa1¢5. The addre&s of the registered office is Town Hall, Chapel Roa4 Worthing, West Sussex, BNI I
IHA, United Kingdom.
2. Statement of Compllance
These F￿nanCIal statemen¢s have been prepared in accordattce with the C￿￿111t$ SORP: Staternent of Recommended
Practice: Accouniing and Reporting by Chariti¢s preparing their accounts in accorda￿¢ wilh the Financial
Reporting Standard applicable in the UK and the Republic of Ireland (FRS102)
3. Accounting Policies
Bssis of Preparation
The fjnancial ststemenis have been prepared on the historical cosi basis, as modified by the revaluarion of certain
financial assets and liabilities and invesDnent propcnies mwured at fair value through income or expenditure.
The financial sthrenKnts arc prcparcd in stcrlinB, which Ès the functional CUfTency of the enitty.
Going Concern
There are no material uncerrainties at#)ut th¢ charity's ability to continue.
Disc105ure Exemptions
The entity satisfies ihe crit¢ria of ￿Ing a qualified entity as defined in FRS102. As such. advantage has been taken
of the following disclosure exeniptions available under pardgrapb 1.12 of FRS 102..
a) No cashflow ststement has been presentrd for the company
Jvdgements and Key Sourcu of Estim#tlon Uncert#iDty
The preparation of the finat)cial statements requires managemeni to make judgements. estimates and assumption5
thai affect the amounts r¢p)rt¢iL These eslimaks and Judg¢menL8 ate continually T¢vicwed and are based on
experience and other factors. including eX￿latiOnS of fuiure events that are believed to be reasonable under the
¢hrcums(ances.
Fund ACco￿￿ting
Unrestyicted filnds are availablc for at the discr¢u"oll of thc mLStrG8 th fiinhr.r ￿nY nf ihr. eh%riry'% piiyse%.
Designat¢d fvnds are unrestricied fimd5 ￿rn￿k¢d by the tni%ttes fnr A particular project or Gommitsn¢nt.
Restricied funds are subjected to rtstrictions on their eXpendi￿re declared by the donor or through the ienns of an
appeal and fall inro one of Thyo subcl&s5¢s.' restricted income or eAdowmenr funds

Worthing Community Partnershlp
Compafty Limited by Cu#r*otee
Notes to the Fin4neial Statements (eootinued)
Year Ended 30 Junt 2012
3 Arcounting Polieies IfoTrliBued)
Incomine Re50urees
All incoming resources are included in the statement of [￿￿n(la} activities when th¢ eDtitlemeni ha5 pa5se(I to the.
charity- li is probable that the economi¢ benefi￿ associated with the transaction will tlow io the charity and ibe-
arnDun¢ Can be reliably mea5ured...The following speciffrc tK)licies are applied ioparthcular categories 01 incoine..
Income from donations or 15 reco8nised when th¢re i5 evidence of eDiitlernellt to the gift. receipt is
probable aTKI its aryjunt Can M￿llTed ￿lIablY
Legacy intome is recognisa when receipt is probable and ￿titlement is e5tsblished
IDcome from donated goods is measur&4 at the fair value of the good5 un]&ss this is impractical ￿ rriea5ure '.
reliably, in which case the value is derived from ihe c051 to the donor or the eslimated resale value. Douaied
focilities and services are rKogni5ed itt ihe ac¢oynts when received if the value Can be ttliably measured. No
8tnounts are included for the contribution of general volunteers.
Income from contracis for the supply of 5ervice5 15 rtcogBi5cd with the delivery of the ¢ontsa¢ted seryi¢e. This
is ¢la5sifLed as UTLtestric¢ed fullds unless there ts 8 Contractual Thiuirement ltsr it ro be spent on a particular
purpost and rehjmed If unspeni in which case it May be regdrded as restricted.
Resource5 Expended
Exp¢ndittJre is recognised on an accruals basis as a liabiliry in incu￿ed. Expendittjre includes any VAT whicli
¢anDQi be fvlly recovered and is classified under headings in the st￿eMent of financial activities 10 which it rtlaies.
Expenditure on raising funds include5 the costs of all fvndraising a¢tivities. ¢vent4 non-charitable trading
activities and the sale of donated 8￿)d$.
Expenditure on charitable activities include5 all costs incurred by a thariry in undertaking acliviiies that further
its charitable 8tms for the benefit of ts benefictaries, including those 5UPPOrt costs and costs relating to ihe
goveman¢e of the charity apmoned ¢0 clwitsble a¢tivities.
Oth¢r expendittJTe includes all expendittut that 15 neither Teiated to rnisiDg fvnd5 for the charity nor part of its
expenditure on charitable a¢tivities.
All costs are allocaied to extthlifvre categories refl￿ting the vse of the resource. Direct ¢os(s attrtbutable to a
5illgle activity are allocated di￿ctlY to that activity. Shared eosts are apportioned be￿een th¢ activiries they
contribute io on a reason8bl< justifiable gnd wnsistent basis.
T8ngible Assets
Tangible assets are inilially recorded at cos¢ and subwuenily stated ai cost les$ any accumulated depreciation and
impairnient losses. Any tangible as5¢ts caTri¢d at revalued amounts are retorded at the fair value at the date (Trf
revaluation le55 any subsequent ac¢umulai>l depreciation and irnpairment Ioss¢S.
An incr¢ast in th¢ carrying amount of an asset 05 a result of a revaluation is rttognised in other recognised gains.
and 105ses, unles5 It reverses 3 charge for impainnent ihat has previously bt¢n Tecognis¢d as expendih]re within rhe
statement of financial acrtvit¢es. A de¢reas¢ in ille carrying amount of an asset as o result of revalualion 15
recognistd in other recognised gains and losses, excepl to which it offsets any pr¢viou5 revaluation gain. in which
s¢ the Ioss 15 shown Within other recogDised gains and105S¢5 on the staiemenr of finattcial activities.
12

Worthlng Community Partnership
Comp4ny Limited by Guarantee
Note5 to the Fln*ii¢ial St•tsments {contlDued)
Year Ended 30 Ju￿t 2022
3 Accounting Policies Ic•niinued)
'. Depreciation
The charity does not depreciate freehold propeETy as il Ts expected to retsin its value over the period of ownership.
Depreciauoji is calcula￿1 so as to Wri￿ off thc cost or valuation of all asse4 less its residual value, over the use￿7
éwnomic life of ihat &%set as follows-
Equiprn¢nt
Improvetnents to property
- 50% Strdigbt line
- 2¢Y/• Straight lin¢
ImpairmeDI of Fixed Assets
A review for indicators of impairnient is carried out ai each rep)rting date. with the recoverdble amount bein8
estimated where such indicators exist. Where the carryiD8 value exceeds the recov¢rabl¢ arnount, thc as5¢t ss
iTnpaired accordingly. Prior itnpairments are also revi¢wed for possible reversal ai each reporting date.
For ihe purposes of impairnient tcsting, when it is not POS5ible to estim2t¢ the r¢￿Verable amount of an individual
ass¢L an esrimate is made of the recoverable amouni of the c&%h-gentfdting unit to which the assct belongs. The
tash-gen¢rating unit is the smallest idenrifiable group of assets thar includes the asset and gen¢rat¢s cash inflows
Ihat are largely independent of the cash int]ow5 from othcr assets or groups of assets.
Fingncial Instruments
A financial assei or a f￿ancIal liability is recognised only when the clJaTiry becomes A party to the colltracDJal
provisions of the instrument.
Basic fjnancial instNments are initially recognised at the amount receivable or payable tn¢luding any related
transaction costs.
Current assets and current liabilities are subsequently measured at the cath or other considerdtion expecied to b¢
paid 01 received and not discounted.
Debt instruments are subsequently measur￿ #t amortised cosL
Other financial instmments. inc1l￿)ng d¢rivatives. aTe initially Tecognised at fair value unless payment for an asser is
deferred beyond norn)al business iemhs or financed ot a rdte of inttT¢St thai is noc marker rate. which c&se the assei
is meJsured at thc present value of the future payments dtscounted ai a market rdte of interest for a similar debt
insirnmenL
Other flnancial instruments are subscquenily measur¢d at fair value. with any chaDg¢s recognlsed in the statement of
financial activiti¢s, with the exception of hedging insltuments in a designated h¢dgin8 relatinnship.
Financial assets that are measured at Cost or amortised cost are reviewed foi objective evidence of impairnient at the
end of each r¢porting date. If there is objective evidence of impa1rn￿nl, an impairment loss is reco￿niSed under the
appropriate h¢ading m the statement of fjnancial activities in w￿"Ch the initial gains was r¢¢obmised.
13

Worthing Community P8rtnership
Company Limlted by Cuaraotee
Notes to the Fln4n¢ial St*temtDts (continwed)
Year Ended 30 Jmne 2012.
3 Aceounting Policies ItontiHud)
For all equity instruments regardles5 of STgnifieance and other financial 3s5ets that are individually significant, thE5e
are assessed individually for irnpaiTrneni. Other financial assets are either a55e55¢d individually or grouped on the
basis of similar ¢redii risk characterisrics.
Any reversals of impainnent are recog1)15￿ immedia*ly. to ihe extent that the rEYersal does noi mlt in a carrying
amount of the financial a&set thar excee(Is what the ca[￿ng amount would have bten had the impaimient not
previously been recognised.
4. Limited by Guarantee
Th¢ cornpany L5 lilnited by 8uarantee )nd every member of the company undertakes to contribute #n tmount of £l!I
to the ctsmpany's assets if it should be WOLmd up wh)le they a￿ a member or within one year after they cease to bé
member, tor the payment of tbe romp8rty's debts and liabilits"e5 eontracted before they cease to be a member and of
the costs char8e5 and expenses of winding up and for the adjustment of the righ15 and contribulories amortg
themselves.
If the company is wound up. after all its debts and liabilittes have been satisfied there remains any property. it shall
not be paid to or distributed arnongst the membETS of the ¢oThpany but it shall bc given or trar￿ferred to Some other
Charity or association having obje¢rs similar ¢0 the Obj￿15 of the ¢hari¢able COTnpany.
5. Donatiorts *nd Leg*cies
UnTe5trided
Funds
Resltided
Funds
Fund$ 2022
Don*tions unrestricted
Other income unre$tri¢tfd
Designated legacy
640
48
Don4tion5 8nd Sponsorship restricted
Community Chesi Recycling via Worthing Borough Council
Popup recycling income
9.197
9,885
Unresiri¢ted
Funds
Restricted
Funds
Total
Fund5 2021
DoTrat?&ll5 iiiirestrlcted
5.169
87
5.169
Other income llarestri¢ted
Desigoated leg*ey
DTrnation5 and Sponsorship restricted
Community Chest Recy¢ling wia Worthing Borough Coun¢il
Pop-up r¢cycling income
7.915
56
7.915
14

Worthing CommunityP4rthershlp
C•mp•ny Limited by CuarAnt
No1¢5 to the Fittancilil Staiements (corttinued)
Year Ended 30 June 2022
6. Ch¥Tlt8ble Activliie5
Total
funds
2022
Totsl
funds
2021
Unrestricied
Unrestricted
funds
Rcnt
SeNice Charge
36,999
36,999
36,999
36,999
SeNice charge recharged
15,449
to ￿Ver seryice charge recharged costs -17 266
Shortfall Iransferred to major repairs
designated fvnds
15.449
-1.817
35.182
43,750
43,750
Seryice charge IT￿0￿e is a recharge of serrice charge costs in¢urred on behalf of the ienant and reimbutsed from the
service charge. The sU￿[uS transferr¢d to the major repair fund is shown as revenue and shortfall as cost.
Investment Income
Total
funds
2021
Total
funds
2021
Unrestrlc￿d
funds
Unrestri¢ied
funds
Bank interest receivable
48
48
87
87
7. Expenditure Charitable Activities by Activity Type
ActÈvitLes
undertaket)
directly
Sup￿Tr
cos
Total fuDds Total funds
21122
2021
Charity SUPIM)rt costs
Community Cheu Granis
Partnership funding
Less prior year unclaimed gr3n¢s
Governance Costs
21.766
21,766
29.769
17,824
23,609
2,0(Ml
-5,327
893
38.999
29.769
4.649
29,769
26.415
56,184
The organisation5 Ihat bcnefittcd frIHn Community Chesi Grdnts and Pathership awards during the year were..
The Weldem¢ss CIC
Farring Villag¢ Fahr
Worthiness Row Fair
Chestnut Community Group
Jn¢liiqive Alt%
Highdown Kotary
Ikrailed Film Club
St. Andrew School
Billy&Bcyond CIC
The Wonhing Socicry
Dad La Soul VRIDigitsl project
Trnrtsition Town
Star Physio CIC Worthing Carerq Day
Treasure Basket Association
Worthing Cissbury Division Rangers
StarPhysio Community Inierest Company
Steve Southw¢ll
Dad La Soul- TorRockillBeaL%
Womthole Events CIC
Dementia Friendly Worthing
.Worthin8 Table Tennis Club
Cycall CIC
.Worthitt8 Allotmeni Group
iovejoy Dcmcntia
Active Worthin8 CIC
Gr¢¢ll Tides
Thc Iluib"1￿r Ruad Allotn￿l CIC
Andy's Angfls
gound C&stle
CEC Worthing
Blueprint 22
Friends of Lyons Farni
15

Worthihg Community Parthership
Company Limited by Gw*r4Dtee
Notes to the Fin#nciAI Stwtem¢nts (eDrttinued}
Year Ended 31? Jufte 2022
8. Analysis olsupport Costs
Untesrricted
fijnds
Tots12022
Total 202L.
Siaff costs ￿0t¢ 10)
Printing, postsge. misce113neous office supplies. Stationery
Advrrtising, marketing aTh4 promoti¢)ns
Aecounrin& insurance, legal and compliance
Training. travel and meeting costs
IT and sub5rriptsons
Dq)re¢iation
18.835
195
1&83S
195
144
4,500
290
451
2.0011
26.415
14,240
-.1.257.
4.500
290
451
2.000
26.415
893
9. Independent ex#JJination Fees
2022
Fee Payable to the Independeni Examiner for..
Independent Ex8minaiion of the Ststements
600
o(y)
Th¢tr standard charge oF£600 is 10 be made for the yw ended June 2022.
IQ. Staff Costs
The total staff ¢o5ts and employee t*nefits for ihe reming
petiod are analysed follows..
2022
Wages and salaries
Pensions
Total Staff Costs
17.1162
973
18,835
973
14.240.
The average head count of employees during the year was two. The average number of ￿]l-time equivalent
ernployee5 was one and half for 2022 and orte for 2021. A Workplace Pension Scheme, with minimum legal
requirement of 8Yo since April 2019 of which the employer is only obliged to pay 3% is in plact.
2022
2021
Nurnber of staff
11. Trustee Rtmuntration 2nd Eypenses
The charitable Ctsrnpany relies upon and greatly appreciates the goodwill, time and ¢xpertt"8e offered by all
volynie•s. No remynerdlion or other benefits f￿rn eo)ployment with the charity or a related entity w¢r¢ received
by truslee5 or other voSunieeEs.
16

Worthing Communlty Partnershlp
Company Llmittd by Gy#r*ntee
Notes to the Finaneial Statements (tODtiDued)
Year Ended 30 June 2022
12.
Tangible Fixed Asset$
Land and
buildings
Improvements
to Property
Fquipment
Totul
Cost
Ai l Jul 2021
Additsons in year
30 Jun 2022
311.379
3.047
61,154
375,580
311.379
3,047
61.154
375 580
DepreciaÈii)n
Ai l Jul 2021
Charge for the year
AI 30 June 2022
3,047
55.154
2,000
58.201
i.047
57,154
60,201
Carrying Amount
At 30 June 2022
311,379
311,379
Depreciation w&% ¢harged ar 20% it) the year on improvements work that was completed in June 2019
13..Debtors
4,000
315,379
At 30 June 2021
6.000
317,379
2022
2021
R￿Y¢lIng in¢om¢ d¢btor
Other Debtors
Other pmperty debtors and prepaym¢nLS
Total Debtors
3.000
3,242
3.293
567
7,282
6242
14. Creditors: amounts falling due within oThe year
2022
2021
commu￿lry Chest grants awarded yet paid
Loan repayment due within one year
OthÈr creditOf5 and accrnals
. Total Cr¢diiors
2S,803
333
600
26,736
16,553
2.(K)O
2,259
20.912
IS. Creditors: aMOu￿ts falling due within year
2022
2021
Loaii repayments
333
The Primary Care Trust loaTh¢d the charitsble company £40.(K)O towards the purchase of the building and this 1$
b¢ing repaid over 20 years by a deduction from the annual rent received from the rnjsi which is attached to a 20
. year lease. Th¢ balance due ￿ the Primary Car¢ Tn￿l (NHS) iDcludcd abov¢ is made up of £.113 ill due within
one year.
17

Worthing Communlty P*rthership
Comp*ny Limiled by Guirantoe
Notes to the Fin•nfial Statements (cootlo￿td}
Year Ended 30 June 2022
16. An*lysi5 of ChAritsble Fund5
UnrestriclEd funds
At l July
2021
At 30 Jun¢-. i
Incorne Expenditure Transfer5
General funds
Designat¢d repairs fvnd
Designated 3 tTJOnth fund
Transfer io cover restri¢ted shortf811
406J66 37.687
24J74
1.817
7299
-38.841
399.198 35.870
-26,415
417,638y.
7.,299..
-20,572
20,572
-26.415
388.081
Restricted funds
At l July
2021
At 30 Jupe
2022
Income Expenditure TT¥nsfers
Community Chest Grani fimd
Transfer to cower reslncted shortfall
- 38,841
38.841
9,197
-29.769
-59.413
59,413
20,572
20.572
9.197
29.769
Re¢ycltng iftcome fvnds th¢ Comtnunity Chest Restricted fvnd from which the ¢haritgble company makes awards
of small grdnts up to £1.500. Grass roots grJnts of up to £750 and Seed grants of up 10 £250 to help local
communjry groups* projects and local events. A IT# of the organisation5 benefilling from awards in the past ycai is
in note 7 10 these finaDcial ststements. Further detsijs are a￿lIable on request.
18