REGISTERED IN ENGLAND
COMPANY NO 4257830
REGISTERED CHARITY NO 1101814
ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Clenshaw Minns Limited
Chartered Accountants

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
tNFORMATION
FOR THE YEAII ENDED 31 DECEMBER 2024
Trustees
D Tallon
A Dickens
P Bray
S Fowler
J Anscombe
G Darkins
C Peak
P Smyth
Cbairnian
Vice Chainnan
Company number
4257830
Charity number
1101814
Reglstered offlce
Swaffliam Community Centre
The Campingland
Swaffliam
Norfolk
PE37 7RB
Accountants
Clenshaw Minns
Chartered Accountants
24 Market Place
Swaffliam
PE37 7QH
Bankers
Lloyds Bank PLC
Gonville Place Cambridge Branch
95 Regent Street
Cambridge
CB2 IBQ
Solicitors
Ward Gethin Archer
Solicitors
I l London Street
Swaffham
Norfolk
PE37 7BW

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
CONTENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Page
Trustccs, report
Statement of TTUStees' responsibilities
Independent Accountants, report
Statement of financial activities
Balance sheet
Notes to the financial statements
8-14

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAK ENDED 31 DECEMBER 2024
The Trustees prcsent their report and accounts for the year ended 31 December 2024.
Reference and Administrative Details
Charity Number.
1101814
Company Nurnber: 4257830
Office:
Swaffllam Community Centre, The carnplnglan￿ Swafflyam, PE37 7RB
Objects of the company
To promote the economic. social and environmenLql well-being of SWaffl￿rn and the
Su￿ound1ng villages. To work with community groups to identify local needs and support
projects to improve the quality of life for people living. working aDd visiting the area.
Governlng Document
The Iceni Partnership is a company limited by guarantee and a re8lStered cbarity. It is
governed by its Memorandurn & Articles of Association. The company w&s Inco￿orated on
24 July 2001. The company changed its name from The Swafflwn & District Partnership to
Iceni Partnership Limited on 23 March 2004.
Appolntment of Trustees
One third of the tn￿tteS are subject to retirement by rotatioll at the Annual General Meeting,
where they may be re-¢lcLted if they so wish.
Organisatlon
The Partnership remit is to operate as a Social Ente4)rise. The Board of Directors￿NSteeS sets
the long-temi strategy, oversees ihe efficient functioning of the Partnership, regulates its
constitutional aims and approves the accounts. The Partnership employs two full-time and four
part-time paid officers and operates out of its office in Swaffliam's Community Centre.
Alms of the Partnership
Providing the means by which local people can both influence how their community
develops and gain confidence thai their individual contribution will count and be
effective.
Building an enlarged volunteer base across the Partnership area by encouraging people
to get involved in improving their local community.
Adding value to thc work of statutory bodies and acting as an enabler, working across
multi-agency boundari&8.

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Working with young people, through support Organisations, on projects that help develop
their commitment to community involvement from an early age.
Providing inforniation and expertise to support local groups in acbieving their aims.
Facditating appropriaie training to develop individual skills.
Carrying out a co-ordinating and signposting role in community and business
development.
Review of actlvities
The Partnership Manages both the Assembly Rooms and Community Centre, under 99 year
leases from Swaffl)am Town Council. The Centre leaseslrents space to community support
groups including Home Start, Family Action, Norfolk Community Learning Services and West
Norfolk Community Transport, Change - Grow - Live (CGL}, Citizens Advice Mid Norfolk,
Wellbeing Service, Alcoholics Anonymous and many private counselling and support services.
The Centre also boasts a full-tirne ￿¢¢he that accommodates children from babies to school
age.
The Partnership owns eight business units on the EcoTech Business Park. Their annual rental
income, together with the operating income from managing the Community C¢ntre and
Assembly Rooms meets all the managerial and office costs of the Parthership.
Trustees
The Trustees, who are also th¢ DircctOTS for the purpose of company law, who served during
the year are:
D Tallon
A Dickens
P Bray
S Fowler
J Anscombe
G Darkins
C Peak
P Smyth
Chairn]an
Vice Chaimian
None of the Trnstees has any beneficial interest in thc company. All of the Trustces are
members of the company and guarantee to contribute £1 in the eTrent of a winding up.
Risk management
The Trustees actively review the major risks wbich thc charity faces on a regular basis and
believe that maintaining reserves at current levels, combined with an annual rei'iew of the
controls over key fu￿]cial systcms, will provid¢ sufficient resources in the event of adverse
conditions. The Trustees have also examined other operational and business risks faced by the
charity and confimi that they have established systems to mitigate the significant risks.

ICENI PARTNERSHIP LIMtTED
(LIMITED BY GUARANTEE)
TRUSTEES REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Financial Revie
The 2024 accounts show Iceni partnerships commitment to the lease held by us and
Swaftham Town Council with regard to regular maintenance and improvements to the fabric
of both th¢ Swaffliam Assembly Rooms and Swaffl)am Community Centre.
Tt is Tceni Partnership's inteniion to continue a programme of building improiemenls to both
venues, to enhance visitor experience and continue its social contribution to the benefil of
Swafflwn and the surrounth'ng villages.
Reserves Policy
The Trustees have a policy whereby unrestricted cash fi]nds held by the Charity should be
sufficient to continue current activities for a minimum one-year period.
Accountants
Clenshaw Minns Limited were ie-appointed &s the charitable company's accountants during
the year and have expressed their willingness to continue in that capacity.
This report has been prepared in accordance with the Statement of Recommended Practice:
Accounting and Reporting by Charities and in accordance with the special provisions of the
Companies Act 2006 relating to small entities.
Approved by the Management Committee on ........... ....
signed on its Ixhalf by:
7t)25
D Tallon

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Company law requires the Trnstees to prepare financial statements for each financial year
which give a true and fair view of the slate of affairs of the company and of the financial
activilies of the company for that period. In preparing those fll)ancial statements, the Trustees
are required to:
select suitable accounting policics and then apply them consistently.
make judgements and cstimates that are reasonable and prudent.
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the company will continue in operation.
The Trustees are responsible for keeping accounting records whicb disclose with reasonable
accuracy at any time the financial position of th¢ company and to enable them to ensui"e the
financial statements comply with Cornpanies Act 2006. They are also responsible for
safeguarding the assets of the cornpany and hence for taking reasonable steps for the
prevention and detection of fraud and other I￿egular1t7es.
Amounts are presented within items in the statement of financial activiti¢s and balance sheet,
the Trustees have had regard io the substance of the reported transa¢tion or arrangement, in
accordance with generally accepted accounting principles or practice.
In thc case of each of thc persons who arc Trustces at the time when the Trustees, report is
approved:
so far as the Trustee is aware, there is no relevant audit inforniation (inforniation
needed by the company's auth'tors in connection with preparing their report) of which
the company's auditors are unaware, and
each Trustee has taken all the steps he ougbt to have takcn as a Trustee in order to
make himself aware of any relevant audit infonnation and to establish ihai the
company's auditors are aware of that infonnation.

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
ACCOUNTANfs' REPORT TO THE TRUSTEES
ON THE UNAUDITED ACCOUNTS OF ICENI PARTNERSHtP LIMITED
Company registration number 4257830
In accordance with the engagement lelter dated 17 July 2008. and in order to assist you to
fulfil your duti¢s under the Companies Act 2006, we have compiled the financial statement of
the company, which comprise the statement of fllwlcial activities, the balance sheet and the
r¢lated notes from the accounting records and inforn]ation and explanations you have given to
us.
This rcport is made to the company's board of trustees. as a b)dy, in accordance with the
ternis of our engagement. Our work has been undertaken so that we might compile the
fjnancial statements that we have been engaged to compile, report to the company's board of
trustees that we have done so, and state those matters thal wc havc agreed to state to them in
this report and for no other pU￿oSe. To the fullest extent pern]itted by law, we do not accept
or assume responsibility to anyone other than the company and the company's board of
trustees, as a body, for our work or for this report.
We have carried out this engagement in accordance with technical guidance issued by the
InSti￿te of Chartered Accountant5 in England and Wales and have complied with the ethical
guidance laid down by the Institute relating to members undertaking the compilation of
financial statements.
You have acknowledged on the balance sheet for the year ended 31 December 2024 your duty
to ensure that the company has kept proper accounting records and to prcparc financial
statements that give a true and fair view under the Companies Act 2006. You consider that
the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to cary out an audit of the fmancial statements. For this reason,
we have not verified the accuracy or completeness of the accounting records or infomialion
and explanations you have given to us and we do not, therefore, express any opinion on the
financial statements.
Clenshaw Minns
Chartered Accountants
24 Market Place
Swafflwn
Norfolk
PE37 7QH
Datd..IEIo.8/4oi¥......

ICENI PARTNERSHIP LIMITED
(LIMITED B Y GUARANTEE)
STATEMENT OF FINANCIAL ACTIVITIES (INCLUDtNG INCOME AND
EXPENDITURE ACCOUNT)
FOR THE YEAR ENDED 31 DECEMBER 2024
Total
funds
2024
Total
funds
2023
Unrestricted Restrlcted
funds
funds
Notes
Incoming resources from
generated funds
Voluntary Income
Donations and gifts
Grants receivable
Trading activities
Newsletter
Bank interest
7.664
500
207,960
12,054
50
7,664
500
207,960
12,054
50
7.188
94,838
167,493
8,570
62
Investment fincome
Transfer to Unrestricted
Total Incoming resources
228,228
228,228
278,151
Resources expended
Charitable activities
Other expenditure:
Newsletter expenses
227,158
227.158
272,612
8.356
8,356
9,978
Governance costs
30,986
30,986
35,038
Total resources expended
266.500
266.500
317,628
Net movernent in funds
(38,272)
(38,272) (39,477)
Reconciliation of funds
Total funds brought forward
Transfer from Rcstrictcd funds
339.878
339,878
379,555
Total funds carried forward
11 301.606
301,606
339,878
Statement of Total Recognised Gains or Losses
The company had no recognised gains or losses other than the above income for the financial
period ended 31 December 2024.

ICENI PARTNERSHIP LIMtTED
(LIMITED BY GUARANTEE)
BALANCE SHEET
AS AT 31 DECEMBER 2024
Registration number 4257830
2024
2023
Notes
Fixed 2ssets
Intangible assets
Tangible assets
197,512
226,986
197.512
226,986
Current assets
Debtors
Cash at bank and in hand
8,708
107,290
9,799
127,565
115,998
137,364
Creditors: amounts falling
due Trvithin one year
11.904
24,472
Net current assets
104,094
112,892
Total assets less eurrent Ilabllltles
301.606
339,878
Provisions for Ilabllitles and charges
Net assets
301,606
339,878
Unrestrlcted funds
Restricted funds
301.606
339,878
Total Funds
301,606
339,878
For the year ended 31 Dcccmber 2024, the company was entitled to exemption under section
477 of the Companies Act 2006 relating to small companies. No members have required the
company to obtain an audit of its accounts for the year in question in accordance with section
476 of the Companies Act 2006.
The members acknowledge their responsibiliti&s for:
(i) ensuring that the company keeps accounting records which comply with the Companies
Act. and
(li) preparing the financial statements in accordance with the provisions applicable to small
companies subject to the small companies regim¢ and in accordance with the FRS102
SORP.
Trustee
Trustee
D Tallon
G Darkins
The notes on pages 8 to 14 forn] part of these fmancial statements.

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
Accounting policies
The significant accounting policies used in the preparation of these financial statements are:
1.1 Basis of preparation
Thc accounts are prepared wider the historical cost convention.
The accounts have been prepared in accordance with the Statement of Recommended Practice
Accounting and Reporting by Charities preparing their accounts in accordance with thL
Financial Reporting Standard applicable in the UK and Rcpublic of treland (FRS 102) issued
on 16 July 2014 and with the Cbarities Act 201 I.
1.2 Incomlng resources
All incoming resources are included in the statement of financial activities when the charity is
entitled to the income and the amount can be quantified with reasonable accuracy. The
following specific policies are applied to particular categories of income:
Voluntary inLome is received by way of grants, donations and gifts and is included in
full in the Statement of Fl[L￿cIal activiiies when receivable. Grants, where entitlement
is not conditional on the delivery of a specific perforniance by the charity, are
recognised when the charity becomes unconditionally entitled to the ￿ant.
Donated services and facilities are included at the value to the charity where this can be
quantified. The value of services provided by volunteers has not be included in ihcse
accounts.
Tnvestment incorne is included when receivable.
Incoming resources from ¢barilable trading activity are accounted for when earned.
Incoming resources from grants, where related to perfonnance and specific deliverable5,
are accounted for as ihc charity earns the right to consideration by its perfomiance.
1.3 Resources expended
Expenditure is recognised on an accrual b&sis as a liability is incurred. Expenditure includes
any V AT which cannot be fully recovered, and is reported as part of the expenditure to which
it relates:
Costs of generating funds comprise the costs associated with attracting voluntary income
and the costs of trading for fundraising purposGS.
Charitsble expenditurc comprises those costs incurred by the charity in thc delivery of
its activities and services for its beneficiari&s. It includes both costs that can be allocated
directly to such activitics and those costs of an indirect nature necessary to support them,

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
Accounting Policies (continued)
Governance costs include those costs associated with meeting the constitutional and
statutory requirements of the ckwity and include the accounting fees and costs linked to
the strategic management of the charity.
1.4 Tangible fixed assets and depreclatlon
Tangible fixed assets are stated at cosl less depreciation. Depreciation is proNided at rates
calculated to write off the cost or valuation less estimated residual value of each asset over its
expected usefvl life, as follow5:
Freehold buildings
Office Equipment
over 25 years
over 3 years
1.5 Accumulated funds
Restricted funds are subject to specific conditions by donors as to how they may
be used.
1.6 Going concern
The financial statements have been prepared on the going concern basis.
Total resources expended
Staff
Costs Depreciation
Other
costs
Total
2024
Total
2023
Direct expenditure:
Project expenditure
Newsletter expenditure
HAZ project
Other expenditure:
Management and administration
115,599
30,986
111,559
8,356
258,144
8,356
186,966
9,978
120,684
Total resources expended
115,599
30,986
119,915
266.500
317,628

ICENI PARTNERSHIP LIMtTED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
Staff costs
None of the Trustees (nor any persons connected with thern) received any remuneration during
the period. Expenses bave been reimbursed &s and when inCu￿ed on company business. The
staff costs of the Temaining staff were:
2024
2023
Wages and salarics
Social security costs
Pension costs (defined contribution pension plan)
108,534
4,014
3,051
101,457
3,209
2,725
115,599
107.391
The average monthly number of staff employe￿ calcula*d as full-time equivalents, during the
year was as follows:
2024
2023
Direct charitable work and administration
No cmployee received rernuneration of more than £60,000. There are no cmploytts who
received pension contributions to money purchase schemes and no employees have retirement
benefits accruing under money purchase nor defmed benefit schemes.
10

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
Grants receivable
2024
2023
Unrestrieted
Grants
HAZ Project
500
500
94,338
500
94,838
Restricted
Comic Relief
Trading activities - Income
2024
2023
Unrestrlcted
Community Centre rental
Community Centr¢ Hall hire
41,208
66,527
37,248
62.312
Subtotal
107,735
99,560
Brocks Road rental
Assembly Room Hall hire
Wedding fair
Your local Swaffliam
Lunch club
Big Norfolk Holiday Fun
Other
39.732
37,786
37,248
25,683
(75)
6,600
4,007
16,107
1,070
207.960
167,493

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
Intangible fixed assets
Goodwill
Newsletter
Total
Cost
At l January 2024
Additions
15,000
15,000
At 31 December 2024
15.000
15,000
Depreciydtion
At l January 2024
Charge for the year
15,000
15,000
At 31 December 2024
15.000
15,000
Iyet book value
At 31 December 2024
At l January 2024
TaDgible fixed assets
Flxtures
Freehold Land
2nd Fittings and Buildillgs
Total
Cost
At l January 2024
Additions
75.456
1.512
354,138
429,594
1,512
At 31 December 2024
76,968
354,138
431,106
Depreciation
At l January 2024
Charge for the year
46,778
16,821
155,830
14.165
202,608
30.986
At 31 December 2024
63,599
169,995
233,594
Net book value
At 31 December 2024
13.369
184,143
197,512
At l January 2024
28,678
198,308
226.986
The investmenl market values of the units at the Eco Tech Business Park, Swaftham, are not
materially different to the carrying value.
12

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
Debtors
2024
2023
Other debtors
8.708
9,799
8.708
9,799
Creditors: amounts falling due within one year
2024
2023
Other creditors
Accruals and deferred incorne
10,739
I,165
18.608
5,864
11,904
24,472
10. Analysls of Net Assets behveen funds
Restricted
Unrestricted
Tangible Fixed Assets
Debtors
C&8h
Creditors
197,512
8,708
107,290
(11,904)
301,606
1 l. Reconclllation of movements In funds
Restricted
Unrestricted
Opening funds l January 20?4
Net movemcnt in fvnds for the period
Transfer from Rcstrlcted fimd
339,878
(38,272)
Closing funds 31 Decembcr 2024
301.606
Closing funds shown above are held on trust and in accordance with the restrictions
contained in the company's Memorandum of Association.
13

ICENI PARTNERSHIP LIMtTED
(LIMITED BY GUARANTEE)
NOTES TO THE FINANCIAL STATEMENTS
12. Transactions with Trnstees and connected persons
None of the directors (all of whom also act as TTUStees for the activities of the company)
entered into any material transactions. contract or other arrangement with the compaiiy.
14

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
The following pagcs arc for managcment puq)oses only.

ICENI PARTNERSHIP LIMITED
(LIMITED BY GUARANTEE)
RESTRICTED FUNDS
YEAR ENDED 31 DECEMBER 2024
Restricted Funds
Transfer
Balance
to
Balance
BIFwd Income Expenditure Unrestricted CIFivd