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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 2022
FOR
OLD HALL PEOPLES PARTNERSHIP
BCD Accountants Limited Second Floor 21 Graham Street Birmingham United Kingdom Bi 3JR
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OLD HALL PEOPLES PARTNERSHIP
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report ofthe Trustees | 1 | to | $ |
| Independent Examiner's Report | 6 | ||
| Statement ofFinancial Activities | 7 | ||
| Statement of Financial Position | 8 | to | 9 |
| NotestotheFinancialStatements | 10 | to | 17 |
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OLD HALL PEOPLES PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
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 2022. 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).
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 ofessential food parcels.
The policies adopted to further the above aims are as follows:
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To ensure all people irrespective of age, gender, race or creed are treated equally and that every endeavour is made to ensure that all activities are in accordance with the charity's rules.
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In order to further these aims, specific areas are addressed which embrace all issues to meet the needs of the community taking into account everyone from the cradle to the grave.
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The charity is organised in accordance with the Charity Commission's guidelines and adheres to all requirements at all times.
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;
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Develop a centre run by the community for the community.
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Provide a wide range of educational, recreational and social activities that will encourage involvement at all ages and to improve the quality oflife for those living within the area ofbenefit.
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Provide lifelong education.
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Identify and satisfy the needs of local people.
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Maximise use of facilities.
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Develop a caring attitude to people, resources and facilities within the local community.
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OLD HALL PEOPLES PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
OBJECTIVES AND ACTIVITIES
Significant activities
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.
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OLD HALL PEOPLES PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
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 activiuies and who we try to help are described below:
Youth
Post 16 programmes to support young people into traming or employment are made available when there 1s local demand and funds can be sourced. We welcome work experience and have a good working relationship with local schools.
Adult
We mna 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 services to the elderly and less able members of the community. This has been developed over the years and has a policy ofdonating 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 ofa hardship fund. We have two chanty 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 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 3! March 2022 the charity showed a deficit of £27,247 (2021: surplus £181,860). At 31 March 2022 reserves amounted to £234,228 (2021: £261,475) 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 carned 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.
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OLD HALL PEOPLES PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
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 1s registered as a charity with the Charity Commission, registered number 1099939.
The charitable company does not have a share capital and the directors/tnistees 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 1s not a multiple ofthree, 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 ofelected 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
The charity owned and ran Old Hall Peoples Partnership (Trading) Limited and Old Hall Peoples Partnership (Pass. It On)Limited. It was resolved in the pnor year that both companies be reabsorbed into the charity and operations continue through the one enuty. The trustees filed to dissolve both companies in the year and now runs all of its operations through the charity.
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 ofbenefit.
Risk management
The trustees continually conduct reviews of the major risks to which the charity 1s 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 chentéle and concluded that the major risk 1s 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
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OLD HALL PEOPLES PARTNERSHIP
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
Registered office Peoples Partnership Centre Wing Close Bentley Walsall West Midlands WS2 OLS
Trustees Mr I. 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 Sinelaire - Nurse Mrs J Copley - Head Teacher Mrs D J Madeley - Retired
Company Seerctary Mrs D H Birkett
Independent Examiner Steven J Bosley FCA ICAEW BCD Accountants Limited Second Floor 21 Graham Street Birmingham United Kingdom BI 3IR Approved by order of the board of trustees on 19 December 2022 and signed on its behalf by:
Mr N J Chambers - Trustee
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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 2022.
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, | 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 | am a registered member of ICAEW which is one of the listed bodies.
[have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or 2s the accounts do not accord with those records; or
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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
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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)).
] 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.
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Steven J Bosley FCA
ICAEW BCD Accountants Limited Second Floor 21 Graham Street
Birmingham United Kingdom B1 3JR
19 December 2022
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OLD HALL PEOPLES PARTNERSHIP
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies | 2 | 25,511 | - | 25,511 | 61,342 |
| Charitable activities | |||||
| Grantsand delegated budget | - | 187,083 | 187,083 | 354,784 | |
| Othertrading activities | 3 | 158,744 | - | 158,744 | 79,031 |
| Investment income | 4 | 2 | - | 2 | 11 |
| Total | 184,257 | 187,083 | 371,340 | 495,168 | |
| EXPENDITURE ON | |||||
| Raising funds | 47,475 | - | 47,475 | 37,064 | |
| Charitable activities | 5 | ||||
| Grants and delegated budget | 164,029 | 187,083 | 351,112 | 276,244 | |
| Total | 211,504 | 187,083 | 398,587 | 313,308 | |
| NET INCOME/(EXPENDITURE) | (27,247) | - | (27,247) | 181,860 | |
| RECONCILIATION OF FUNDS | |||||
| Total funds brought forward | 261,475 | - | 261,475 | 79,615 | |
| TOTALFUNDSCARRIEDFORWARD | 234,228 | - | 234,228 | 261,475 |
CONTINUING OPERATIONS
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
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OLD HALL PEOPLES PARTNERSHIP (REGISTERED NUMBER: 04085030)
STATEMENT OF FINANCIAL POSITION
31 MARCH 2022
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| fund | fund | funds | funds | ||
| Notes | £ | £ | £ | be | |
| FIXED ASSETS | |||||
| Tangible assets | 10 | 25,992 | - | 25,992 | 24,624 |
| Investments | 1] | - | - | 7 | 4 |
| 25,992 | - | 25,992 | 24,628 | ||
| CURRENT ASSETS | |||||
| Debtors | 12 | 7,629 | - | 7,629 | 23,300 |
| Cash at bank and in hand | 208,900 | - | 208,900 | 230,783 | |
| 216,529 | - | 216,529 | 254,083 | ||
| CREDITORS | |||||
| Amounts falling due within one year | 13 | (8,293) | - | (8,293) | (17,236) |
| NETCURRENT ASSETS | 208,236 | - | 208,236 | 236,847 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 234,228 | - | 234,228 | 261,475 | |
| NETASSETS | 234,228 | - | 234,228 | 261,475 | |
| FUNDS | 14 | ||||
| Unrestricted funds | 234,228 | 261,475 | |||
| TOTALFUNDS | 234,228 | 261,475 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
The notes form part of these financial statements
continued...
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OLD HALL PEOPLES PARTNERSHIP (REGISTERED NUMBER: 04085030)
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STATEMENT OF FINANCIAL POSITION - continued 31 MARCH 2022
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 19 December 2022 and were signed on its behalf by:
Mr N J Chambers - Trustee
The notes form part of these financial statements
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- ACCOUNTING POLICIES
OLD HALL PEOPLES PARTNERSHIP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
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 | 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:
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When donors specify that donations given to the charitable company must be used in future accounting periods, the income is deferred until those periods.
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When donors specify that donations are for particular restricted purposes, which do not amount to pre-conditions regarding entitlement, this income is included in incoming resources of restricted funds when receivable.
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 pre-conditions 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.
1) Charitable Activities and Services
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OLD HALL PEOPLES PARTNERSHIP
- ACCOUNTING POLICIES - continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022
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 appropniate 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.
Exercise of judgement
Income is received from loca] 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...
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OLD HALL PEOPLES PARTNERSHIP
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- DONATIONS AND LEGACIES
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022
| 2. | DONATIONS AND LEGACIES | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| £ | £ | ||||
| Donations | 22,536 | 2,299 | |||
| Exceptional items | 2,975 | 59,043 | |||
| 25,511 | 61,342 | ||||
| 3. | OTHER TRADING ACTIVITIES | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Other | 146,063 | 76,107 | |||
| Room hire | 12,168 | 2,795 | |||
| Groups | 513 | 129 | |||
| 158,744 | 79,031 | ||||
| 4. | INVESTMENT INCOME | ||||
| 2022 | 2021 | ||||
| £ | £ | ||||
| Deposit account interest | 2 | in | |||
| 5. | TOTAL RESOURCES EXPENDED | ||||
| Support | |||||
| Direct | costs (see | ||||
| Costs | note 6) | Totals | |||
| £ | £ | £ | |||
| Grants and delegated budget | 164,214 | 186,898 | 351,112 | ||
| 6. | SUPPORT COSTS | ||||
| Governance | |||||
| Management | Finance | costs | Totals | ||
| £ | £ | £ | £ | ||
| Grantsanddelegatedbudget | 148,604 | 1,035 | 37,259 | 186,898 |
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OLD HALL PEOPLES PARTNERSHIP
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NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| £ | £ | ||||
| Depreciation | - | owned | assets | 4,949 | 4,821 |
- TRUSTEES’ REMUNERATION AND BENEFITS
There were no trustees’ remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021.
9,
STAFF COSTS
Wages and salaries
| Year | Year | |
|---|---|---|
| 31 | March 2022 | 31 March 2021 |
| 225,225 | 200,126 |
During the year the average number of staff classified as full and part time totalled 13 for the year ended 31 March 2022 (2021: 14).
No employee earned more than £60,000 per annum during the year ended 31 March 2022 nor 2021.
- TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |||
|---|---|---|---|
| Sports | Fixtures | ||
| equipment | Office | and | |
| cost | equipment | fittings | |
| £ | £ | £ | |
| COST | |||
| At | April 2021 | 5,219 | 5,123 |
| Additions | - | 4,947 | 175 |
| At 31 March 2022 | §,219 | 10,070 | 60,092 |
| DEPRECIATION | |||
| At | April 2021 | 5,001 | 4,949 |
| Charge for year | 55 | 485 | 3,910 |
| At 31 March 2022 | 5,056 | 5,434 | 40,551 |
| NET BOOKVALUE | |||
| At 31 March 2022 | 163 | 4,636 | 19,541 |
| At31March2021 | 218 | 174 | 23,276 |
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OLD HALL PEOPLES PARTNERSHIP
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- TANGIBLE FIXED ASSETS - continued
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022
| TANGIBLE FIXED ASSETS - continued | |||
|---|---|---|---|
| Motor | Computer | ||
| vehicles | equipment | Totals | |
| £ | £ | £ | |
| COST | |||
| At | April 2021 | 16,123 | 50,563 |
| Additions | - | 1,195 | 6,317 |
| At 31 March 2022 | 16,123 | 51,758 | 143,262 |
| DEPRECIATION | |||
| At | April 2021 | 16,123 | 49,607 |
| Charge foryear | - | 499 | 4,949 |
| At 31 March 2022 | 16,123 | 50,106 | 117,270 |
| NET BOOK VALUE | |||
| At 31 March 2022 | - | 1,652 | 25,992 |
| At31March2021 | - | 956 | 24,624 |
- FIXED ASSET INVESTMENTS
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
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OLD HALL PEOPLES PARTNERSHIP
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- DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022
| 2022 | 2021 | |||
|---|---|---|---|---|
| £ | £ | |||
| Trade debtors | 3,034 | 18,959 | ||
| Prepayments | 4,595 | 4341 | ||
| 7,629 | 23,300 | |||
| 13. | CREDITORS:AMOUNTS FALLINGDUEWITHIN ONE YEAR | ONE YEAR | ||
| 2022 | 2021 | |||
| £ | £ | |||
| Trade creditors | 1,487 | 507 | ||
| Social security and other taxes | 3,259 | 3,099 | ||
| VAT | 169 | 10,292 | ||
| Other creditors | 653 | 519 | ||
| Accruals and deferred income | 2,725 | 2,819 | ||
| 8,293 | 17,236 | |||
| 14. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.21 | in funds | 31.3.22 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 261,475 | (27,247) | 234,228 | |
| TOTAL FUNDS | 261,475 | (27,247) | 234,228 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 184,257 | (211,504) | (27,247) | |
| Restricted funds | ||||
| Restricted General Fund | 187,083 | (187,083) | - | |
| TOTALFUNDS | 371,340 | (398,587) | (27,247) |
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OLD HALL PEOPLES PARTNERSHIP
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NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2022
14. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.20 | in funds | 31.3.2] | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 79,615 | 181,860 | 261,475 |
| TOTAL FUNDS | 79,615 | 181,860 | 261,475 |
| Comparative net movement in funds, included in the above are as follows: | |||
| Incoming | Resources | Movement | |
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 140,384 | 41,476 | 181,860 |
| Restricted funds | |||
| Restricted General Fund | 354,784 | (354,784) | - |
| TOTAL FUNDS | 495,168 | (313,308) | 181,860 |
| A current year | 2 months and prior year 12 months combined position is as follows: | ||
| Net | |||
| movement | At | ||
| At 1.4.20 | in funds | 313.22 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 79,615 | 154,613 | 234,228 |
| TOTALFUNDS | 79,615 | 154,613 | 234,228 |
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OLD HALL PEOPLES PARTNERSHIP
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- MOVEMENT IN FUNDS- continued
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 324,641 | (170,028) | 154,613 |
| Restricted funds | |||
| Restricted General Fund | 541,867 | (541,867) | - |
| TOTALFUNDS | 866,508 | (711,895) | 154,613 |
| RestrictedFunds |
There were no funds brought forward at 31 March 2020.
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 £129,807 (2021: £112,161) and other grants & donations of £57,276 (2021: £242,623). All 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.
16. ULTIMATE CONTROLLING PARTY
The charity is controlled by the Trustees as listed in the Trustees Report.
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