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2021-03-31-accounts

REGISTERED COMPANY NUMBER: 04085030 (England and Wales) REGISTERED CHARITY NUMBER: 1099939

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

FOR

OLD HALL PEOPLES PARTNERSHIP

BCD Chartered Accountants Second Floor 21 Graham Street Birmingham United Kingdom B1 3JR

OLD HALL PEOPLES PARTNERSHIP

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

Page
Report of the Trustees 1 to 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9 to 10
Notes to the Financial Statements 11 to 19

OLD HALL PEOPLES PARTNERSHIP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

Page 1

OLD HALL PEOPLES PARTNERSHIP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

OBJECTIVES AND ACTIVITIES Purposes and aims

The charitable company's principal activity during the year has been that of providing activities and services that meet the needs of the local community for social, educational, leisure, recreational and cultural aspects of their lives. These activities and services have included our Pass It On Furniture Project, our Money and Benefits Advice, Spadework Affordable Gardening Service, our social and support activities for vulnerable adults, older people and those with additional needs, our telephone Befriending Service and Neighbourhood Natters to the socially isolated, our Employability Hub, our Making Connections Services to the elderly and vulnerable and our support to those suffering hardships, mental health and addictions with the delivery of essential food parcels.

The policies adopted to further the above aims are as follows:

The charity recognises that to achieve its charitable objectives it must respond to the needs of the local community. It must also attempt to address any shortfall in public amenities available within the area. There is a social responsibility to deliver a curriculum for adults, young people and children. In all of these areas the charity has provided a service which meets its charitable status in this financial period.

More specifically it aims to;

Main activity areas include the following:

Adult Education

The charity provides learning opportunities for members of the local population that will enable them to improve their employment skills and enhance their personal development.

Ensuring our work delivers our aims

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us to ensure that our aim, objectives and activities remained focused on our stated purposes.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

The focus of our work

The focus of the charity's work during the year continued to be that of providing appropriate activities to meet the needs of the local community for social, educational, leisure, recreational and cultural aspects of life.

Page 2

OLD HALL PEOPLES PARTNERSHIP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

ACHIEVEMENT AND PERFORMANCE Charitable activities

How our activities deliver public benefit

In setting our objectives and planning our activities the trustees have given careful consideration to the Charity Commission's general guidance on public benefit, including the guidance on public benefit and fee charging.

Our main activities and who we try to help are described below:

Junior

We offer a variety of sports coaching from our sports hall and dance for this age group plus holiday activities when funding is available. We have a family hub at our Wing Close centre. This houses our children's library and provides parents and children with opportunity to engage and relax in a welcoming and supported environment.

Youth

Post 16 programmes to support young people into training or employment are made available when there is local demand and funds can be sourced. We welcome work experience and have a good working relationship with local schools.

Adult

We run a variety of community activities for adults and also adults with learning difficulties and disabilities. Our community cafe offers a meeting place for the local and wider community. We are a Hub for Making Connections Walsall and deliver a programme bespoke to supporting older less able people who are experiencing social isolation.

Community

We have continued to provide gardening and handyman services to the elderly and less able members of the community. This has been developed over the years and now operates out of a company limited by guarantee that has a policy of donating all of its profits to Old Hall Peoples Partnership.

Our recycling programme, called the "Pass It On" project, enables members of the community to donate unwanted items of furniture and household goods to the organisation which can then be donated to people in need with any surplus items being sold to the general public. This has continued to expand with a partnership formed with Walsall Housing Group that supports through the provision of a hardship fund. We have two charity shops that help fund the delivery of our services.

Other

Our partnership with a local credit union, Walsave Credit Union, enables the organisation to provide new furniture at subsidised prices under a programme called "Living on a Budget" and which also includes support and advice for members of the community on financial and other matters. This continues to be very popular and successful. Our own benefit and money advisor is available to support people experiencing financial difficulties.

Details of principal funding sources are shown under incoming resources within the financial statements.

Specific investment powers and their authority

All monies raised by or on behalf of the charity shall be applied to further the objectives of the charity and for no other purpose.

FINANCIAL REVIEW

Reserves policy

The trustees have reviewed the reserves of the charity. The review included a consideration of the nature of the income and expenditure streams, the requirement to match variable income and fixed commitments and a consideration of the nature and amount of the reserves. During the year ended 31 March 2021 the charity showed a surplus of £178,813 (2020: deficit £54,010). At 31 March 2021 reserves amounted to £261,475 (2020: £79,615) and the trustees have concluded that there are sufficient funds available to allow the charity to be managed efficiently and to facilitate the provision of uninterrupted services. In addition, the trustees have concluded that no amounts need to be set aside out of these reserves for specific expenditure other than that for restricted funds carried forward in retained income.

FUTURE PLANS

For the forthcoming financial year the charity will again endeavour to provide quality facilities, activities and services under its key objectives within the constraints of funding levels available.

Page 3

OLD HALL PEOPLES PARTNERSHIP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

Old Hall Peoples Partnership Limited is a company limited by guarantee, registered number 04085030, and governed by its Memorandum and Articles of Association. It is registered as a charity with the Charity Commission, registered number 1099939.

The charitable company does not have a share capital and the directors/trustees and/or their families do not consequently have any financial interests in the charitable company.

Recruitment and appointment of new trustees

The articles provide for trustees to be appointed by members in Annual General Meetings.

At each Annual General Meeting, one third of the members of the board shall retire from office. If the number of members of the board who may be subject to retirement is not a multiple of three, the next highest number to one third shall retire.

The members of the board to retire by rotation shall be those who have been longest in office since their last appointment or re-appointment.

Induction and training of new trustees

New trustees attend an induction meeting to brief them of their legal obligations under charity and company law, the contents of the Memorandum and Articles of Association, the committee and decision making processes and recent financial performance of the charity. They meet key employees and other trustees.

Organisation

A board of trustees of elected members administers the charity. A Principal Officer, also known as the Community Director, is appointed by the trustees to manage the day to day operations of the charity. To facilitate effective operations the Community Director has delegated authority, within terms of delegation approved by the trustees, for operational matters including finance, employment and the nature of activities undertaken.

Related parties

Old Hall Peoples Partnership (Trading) Limited is wholly owned by Old Hall Peoples Partnership. It manages the Spadework and Handyman social enterprises of the organisation, to which it donates all of its profits.

Mr N J Chambers is a director of Old Hall Peoples Partnership (Trading) Limited and he is also a director/trustee of the charity, Old Hall Peoples Partnership. The Principal Officer of Old Hall Peoples Partnership is also a director of Old Hall Peoples Partnership (Trading) Limited.

Accounts of Old Hall Peoples Partnership (Trading) Limited for the period ended 31 March 2021 have been produced separately to the accounts of Old Hall Peoples Partnership.

Old Hall Peoples Partnership (Pass It On) Limited was incorporated in March 2018 and is wholly owned by Old Hall Peoples Partnership. It manages the recycle and resale of second hand furniture, from which all profits are donated to the charity.

Accounts of Old Hall Peoples Partnership (Pass It On) Limited for the period ended 31 March 2021 have been produced separately to the accounts of Old Hall Peoples Partnership.

Mr N J Chambers is a director of Old Hall Peoples Partnership (Pass It On) Limited and he is also a director/trustee of the charity, Old Hall Peoples Partnership. The Principal Officer of Old Hall Peoples Partnership is also a director of Old Hall Peoples Partnership (Pass It On) Limited.

The charity is also linked with Walsall Metropolitan Borough Council with whom it has Service Level Agreements and receives delegated budgets to subsidise its work within its area of benefit.

During the year it was resolved that both companies be reabsorbed into the charity and operations continue through the one entity.

Page 4

OLD HALL PEOPLES PARTNERSHIP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT Risk management

The trustees continually conduct reviews of the major risks to which the charity is exposed and have established systems to mitigate those risks. The procedures are periodically reviewed to ensure that they still meet the requirements of the organisation.

During the year the trustees considered the risk of expansion of its social enterprises on the operations of the organisation and its clientèle and concluded that the major risk is the loss of its Principal Officer. In consequence, the trustees agreed that sourcing of funds to finance and/or support the position of the Principal Officer should be a priority.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

04085030 (England and Wales)

Registered Charity number

1099939

Registered office

Peoples Partnership Centre Wing Close Bentley Walsall West Midlands WS2 0LS

Trustees

Mr L Berry - Retired Works Manager Mr N J Chambers - Retired Civil Servant Mrs M King Taylor - Retired school teacher Mr A D Owen - Director Ms C Sinclaire - Nurse Mrs J Copley - Head Teacher Mrs D J Madeley - Retired

Company Secretary

Mrs D H Birkett

Independent Examiner

Steven J Bosley FCA BCD Chartered Accountants Second Floor 21 Graham Street Birmingham United Kingdom B1 3JR

Page 5

OLD HALL PEOPLES PARTNERSHIP

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021

HELD ON BEHALF OF OTHERS

Old Hall Peoples Partnership (Trading) Limited

The social enterprise, Spadework, that has been part of Old Hall Peoples Partnership now operates as part of a new company limited by shares called Old Hall Peoples Partnership (Trading) Limited. This company donates all of its profits to Old Hall Peoples Partnership.

Old Hall Peoples Partnership (Pass It On) Limited

The social enterprise, Pass It On, that has been part of Old Hall Peoples Partnership now operates as part of a new company limited by shares called Old Hall Peoples Partnership (Pass It On) Limited. This company donates all of its profits to Old Hall Peoples Partnership.

During the year it was resolved that the above entities be reabsorbed into the charity and that all operations would continue within the entity.

Approved by order of the board of trustees on 15 December 2021 and signed on its behalf by:

........................................................................ Mr N J Chambers - Trustee

Page 6

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF OLD HALL PEOPLES PARTNERSHIP

Independent examiner's report to the trustees of Old Hall Peoples Partnership ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2021.

Responsibilities and basis of report

As the charity's trustees of the 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 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 your charity'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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ICAEW which is one of the listed bodies.

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

  1. accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply 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 considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no 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.

Steven J Bosley FCA BCD Chartered Accountants Second Floor 21 Graham Street Birmingham United Kingdom B1 3JR

Date: 15 December 2021

Page 7

OLD HALL PEOPLES PARTNERSHIP

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
61,342
Charitable activities
Grants and delegated budget
-
Other trading activities
3
79,031
Investment income
4
11
Total
140,384
EXPENDITURE ON
Other trading activites
37,064
Charitable activities
5
Grants and delegated budget
(78,540)
Total
(41,476)
NET INCOME/(EXPENDITURE)
181,860
Other recognised gains/(losses)
Actuarial gains/(losses) on defined benefit
schemes
-
Net movement in funds
181,860
RECONCILIATION OF FUNDS
Total funds brought forward
79,615
TOTAL FUNDS CARRIED FORWARD
261,475		 Restricted
fund
£
-
354,784
-
-
354,784
-
354,784
354,784
-
-
-
-
-		 2021
Total
funds
£
61,342
354,784
79,031
11
495,168
37,064
276,244
313,308
181,860
-
181,860
79,615
261,475		 2020
Total
funds
£
1,279
87,726
67,308
75
156,388
-
163,778
163,778
(7,390)
(46,620)
(54,010)
133,625
79,615

CONTINUING OPERATIONS

All income and expenditure has arisen from continuing activities.

The notes form part of these financial statements

Page 8

OLD HALL PEOPLES PARTNERSHIP

STATEMENT OF FINANCIAL POSITION 31 MARCH 2021

Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
10
24,624
Investments
11
4
24,628
CURRENT ASSETS
Debtors
12
23,300
Cash at bank and in hand
230,783
254,083
CREDITORS
Amounts falling due within one year
13
(17,236)
NET CURRENT ASSETS
236,847
TOTAL ASSETS LESS CURRENT
LIABILITIES
261,475
NET ASSETS
261,475
FUNDS
14
Unrestricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
-
-
-
-
-
-		 2021
Total
funds
£
24,624
4
24,628
23,300
230,783
254,083
(17,236)
236,847
261,475
261,475
261,475
261,475		 2020
Total
funds
£
25,174
4
25,178
5,506
57,660
63,166
(8,729)
54,437
79,615
79,615
79,615
79,615

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 9

OLD HALL PEOPLES PARTNERSHIP

STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2021

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 15 December 2021 and were signed on its behalf by:

............................................. Mr N J Chambers - Trustee

The notes form part of these financial statements

Page 10

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

Preparation of consolidated financial statements

The financial statements contain information about Old Hall Peoples Partnership as an individual company and do not contain consolidated financial information as the parent of a group. The charity is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

The following specific policies are applied to particular categories of income.

1) Voluntary Income - Donations

Income from donations is included when these are receivable except as follows:

2) Charitable Activities

Income for activities represents the invoices amount of goods sold and services provided in the period in which the transaction takes place. Income from charitable activates includes income received under grants where entitlement to grant funding is subject to levels of activities and is recognised as earned as the related activities are provided.

When grant funders specify that grant income given to the charitable company must be used in future accounting periods, the income is deferred until those periods.

When grant funders specify that grant funding is for particular restricted purposes, which do not amount to preconditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.

3) Investment income

Interest is included when receivable.

Expenditure

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

continued...

Page 11

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

1. ACCOUNTING POLICIES - continued

Expenditure

Charitable activities and services include expenditures relating to the provision of educational and recreational activities and social enterprise services. Expenditures include both costs relating to a particular activity directly and other costs that have been apportioned on an appropriate basis to reflect the use of the resource.

2) Governance Costs

Governance costs included those associated with meeting the charity's constitutional and statutory requirements.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Sports equipment cost - 25% on reducing balance
Office equipment - 25% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Individual fixed assets are capitalised at cost. Depreciation provided for is based on the cost of the asset less any grants receivable in respect of thereof, over the estimated useful lives.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Exercise of judgement

Income is received from local authorities and is recognised when receivable unless special conditions are attached which must be fulfilled before the charity is entitled to it.

Repairs and renewals

Repairs and renewals are charged against income in the year in which they are incurred.

Company status

The charity is a company limited by guarantee. The members of the company are the trustees named in the directors/trustees report. In the event of the charity being wound up the liability in respect of the guarantee is limited to £10 per member of the charity.

Going concern

The financial statements have been prepared using the going concern basis of accounting.

continued...

Page 12

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

2.
DONATIONS AND LEGACIES
Donations
Government Coronavirus support grants
3.
OTHER TRADING ACTIVITIES
Other
Room hire
Groups
4.
INVESTMENT INCOME
Deposit account interest
5.
TOTAL RESOURCES EXPENDED
Grants and delegated budget
6.
SUPPORT COSTS
Management
£
Grants and delegated budget
97,678
7.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets		 2021
£
2,299
59,043
61,342
2021
£
76,107
2,795
129
79,031
2021
£
11
Support
Direct
costs (see
Costs
note 6)
£
£
146,242
130,002
Governance
Finance
costs
£
£
603
31,721
2021
£
4,821		 2020
£
1,279
-
1,279
2020
£
38,383
27,819
1,106
67,308
2020
£
75
Totals
£
276,244
Totals
£
130,002
2020
£
8,840

continued...

Page 13

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

8. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2021 nor for the year ended 31 March 2020.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2021 nor for the year ended 31 March 2020.

9. STAFF COSTS

2021 2020
Wages and salaries 200,126 132,414

During the year the average number of staff classified as full and part time totalled 14 for the year ended 31 March 2021 (2020: 11).

No employee earned more than £60,000 per annum during the year ended 31 March 2021 nor 2020.

10. TANGIBLE FIXED ASSETS

Sports
equipment
Office
cost
equipment
£
£
COST
At 1 April 2020
5,219
4,920
Additions
-
203
At 31 March 2021
5,219
5,123
DEPRECIATION
At 1 April 2020
4,929
4,920
Charge for year
72
791
At 31 March 2021
5,001
5,711
NET BOOK VALUE
At 31 March 2021
218
(588)
At 31 March 2020
290
-		 Fixtures
and
fittings
£
56,869
3,048
59,917
32,174
3,705
35,879
24,038
24,695

continued...

Page 14

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

10. TANGIBLE FIXED ASSETS - continued

COST
At 1 April 2020
Additions
At 31 March 2021
DEPRECIATION
At 1 April 2020
Charge for year
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020
11.
FIXED ASSET INVESTMENTS
MARKET VALUE
At 1 April 2020 and 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020		 Motor
Computer
vehicles
equipment
Totals
£
£
£
16,123
49,543
132,674
-
1,020
4,271
16,123
50,563
136,945
16,123
49,354
107,500
-
253
4,821
16,123
49,607
112,321
-
956
24,624
-
189
25,174
Shares in
group
undertakings
£
4
4
4

There were no investment assets outside the UK.

The charitable company's investments at the balance sheet date in the share capital of companies include the following:

Old Hall Peoples Partnership (Trading) Limited

Nature of business: provision of gardening and handyman services

Class of shares: % Holding Ordinary £1 100

Old Hall Peoples Partnership (Pass It On) Limited Nature of business: retail sale of other second-hand goods

Class of shares: % Holding Ordinary £1 100

Page 15

continued...

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

12.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
VAT
Prepayments
13.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
VAT
Other creditors
Accruals and deferred income
14.
MOVEMENT IN FUNDS
At 1.4.20
£
Unrestricted funds
General fund
79,615
TOTAL FUNDS
79,615
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
140,384
Restricted funds
Restricted General Fund
354,784
TOTAL FUNDS
495,168		 2021
2020
£
£
18,959
4,019
-
869
4,341
618
23,300
5,506
2021
2020
£
£
507
(144)
3,099
2,822
10,292
-
519
460
2,819
5,591
17,236
8,729
Net
movement
At
in funds
31.3.21
£
£
181,860
261,475
181,860
261,475
Resources
Movement
expended
in funds
£
£
41,476
181,860
(354,784)
-
(313,308)
181,860

Page 16

continued...

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

14. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
TOTAL FUNDS		 At 1.4.19
£
133,625
133,625		 Net
movement
in funds
£
(54,010)
(54,010)		 At
31.3.20
£
79,615
79,615

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted General Fund
TOTAL FUNDS		 Incoming
resources
£
68,662
87,726
156,388		 Resources
expended
£
(76,052)
(87,726)
(163,778)		 Gains and
Movement
losses
in funds
£
£
(46,620)
(54,010)
-
-
(46,620)
(54,010)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS		 At 1.4.19
£
133,625
133,625		 Net
movement
in funds
£
127,850
127,850		 At
31.3.21
£
261,475
261,475

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Restricted General Fund
TOTAL FUNDS		 Incoming
resources
£
209,046
442,510
651,556		 Resources
expended
£
(34,576)
(442,510)
(477,086)		 Gains and
Movement
losses
in funds
£
£
(46,620)
127,850
-
-
(46,620)
127,850

continued...

Page 17

OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

14. MOVEMENT IN FUNDS - continued

Restricted Funds

There were no funds brought forward at 31 March 2019.

15. RELATED PARTY DISCLOSURES

Walsall Metropolitan Borough Council has influence over the financial and operating policies of the charity when the charity is delivering activities or services funded by the council. The Council and other partner organisations and funders recognise Old Hall People Partnership's policies, procedures and governing documents as taking precedence within any projects that are carried out under such funding arrangements.

Old Hall Peoples Partnership received delegated budgets during the year of £112,161 (2020: £31,822) and other grants & donations of £242,623 (2020: £56,629). Included with the other grants and donations was £40,000 received in relation to the Small Business Rates Relief grants. All of the other funding was received under contracts with the charity to provide activities and services provision and has been included in the Financial Statements under the heading Incoming Resources.

Old Hall Peoples Partnership (Trading) Limited is a wholly owned trading subsidiary of Old Hall Peoples Partnership.

All of the gardening and handyman services have historically been transferred to the trading subsidiary. Income of £nil (2020: £54,887) generated during the year has been included in the Old Hall Peoples Partnership (Trading) Limited financial statements as well as costs of £nil (2020: £92,404) incurred on behalf of the subsidiary having been transferred.

At the year end there is a balance due from Old Hall Peoples Partnership (Trading) Limited of £nil (2019: £nil). Old Hall Peoples Partnership (Pass It On) Limited is a wholly owned trading subsidiary of Old Hall Peoples Partnership which was incorporated in March 2018.

The trustees of Old Hall Peoples Partnership resolved that from 01 April 2020 the trading activities of Old Hall Peoples Partnership (Trading) Limited be reabsorbed into the main charity.

All of the furniture resale operations have historically been transferred to the trading subsidiary. Income of £nil (2020: £56,487) generated during the year has been included in the Old Hall Peoples Partnership (Pass It On) Limited financial statements as well as costs of £nil (2020: £73,546) incurred on behalf of the subsidiary having been transferred.

At the year end there is a balance due from Old Hall Peoples Partnership (Pass It On) Limited of £nil (2020: £nil).

The trustees of Old Hall Peoples Partnership resolved that from 01 April 2020 the trading activities of Old Hall Peoples Partnership (Pass It On) Limited be reabsorbed into the main charity.

continued...

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OLD HALL PEOPLES PARTNERSHIP

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2021

16. ULTIMATE CONTROLLING PARTY

The charity is controlled by the Trustees as listed in the Trustees Report.

This page does not form part of the statutory financial statements

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