Ward 3 Community Partnership Ltd
Balne Lane Centre.
Balne Lane.
Wakefield. W F2 0DP
West Yorkshire.
Annual Report to Charities Commission 31[ST] December 2021.
Dear Sir /Madam
This last year has been very challenging due to the pandemic and the Management Committee have worked hard to uphold its objectives at the Centre and at the same time applying all the Government guidelines.
The usual community activities had to be curtailed but nevertheless the user groups and particularly the older and vulnerable were contacted weekly, to engage with them in order to make them feel less isolated .
Some groups did return when restrictions were eased and with all precaution in place were welcomed back to the Centre to again enjoy their time together. A separate entrance was provided for the nursery when able to return was provided, which enabled social interaction to take place which is so necessary for their wellbeing. The income through the year on booking has of course seen a reduction but the Centre did receive grant funding to support the ongoing maintenance and revenue costs to keep it open and to continue following our objectives for the community. The Centre staff have again made a huge contribution during this last year in doing their utmost to keep the building a safe and secure place for all who use it.
Yours faithfully, Elizabeth Rhodes Chair of the Management Committee , Ward 3 Community Partnership Ltd.
Company registration number: 4652393
Ward 3 Community Partnership Limited
Unaudited financial statements
31 March 2021
Ward 3 Community Partnership Limited
Contents
| Page | |
|---|---|
| Directors and other information | 1 |
| Directors report | 2 |
| Statement of comprehensive income | 3 |
| Statement of financial position | 4 - 5 |
| Statement of changes in equity | 6 |
| Notes to the financial statements | 7 - 9 |
Ward 3 Community Partnership Limited
Directors and other information Directors Elizabeth Rhodes Victor Wilkins Nasim Aslam Muhammed Younis Abassi Maurice Kent Margaret Isherwood Mandy Barraclough Joan Barraclough Michael O'Donnell Julian Snowden Secretary Margaret Isherwood Company number 4652393 Registered office Balne Lane Wakefield West Yorkshire WF2 0DP Accountants Mayfair Accountancy & Tax Services Limited 134 Bradford Road Dewsbury West Yorkshire WF13 2EW Bankers Yorkshire Bank Westgate Wakefield WF1 1XD
Page 1
Ward 3 Community Partnership Limited
Directors report Year ended 31 March 2021
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2021.
Directors
The directors who served the company during the year were as follows:
Elizabeth Rhodes Victor Wilkins Nasim Aslam Muhammed Younis Abassi Maurice Kent Margaret Isherwood Mandy Barraclough Joan Barraclough Michael O'Donnell Julian Snowden
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 23 November 2021 and signed on behalf of the board by:
Elizabeth Rhodes Director
Page 2
Ward 3 Community Partnership Limited
Statement of comprehensive income Year ended 31 March 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Turnover | 10,106 | 49,599 | |||
| Administrative expenses | (59,689 | ) | (44,460 | ) | |
| Other operating income | 44,908 | - | |||
| Operating (loss)/profit | (4,675 | ) | 5,139 | ||
| (Loss)/profit before taxation | 5 | (4,675 | ) | 5,139 | |
| Tax on (loss)/profit | - | - | |||
| (Loss)/profit for the financial year and total | |||||
| comprehensive income | (4,675 | ) | 5,139 |
All the activities of the company are from continuing operations.
The notes on pages 7 to 9 form part of these financial statements.
Page 3
Ward 3 Community Partnership Limited
Statement of financial position 31 March 2021
| Note Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities Net assets Capital and reserves Profit and loss account Shareholders funds |
2021 £ 21,059 1,100 37,954 39,054 ) (700 |
£ 21,059 38,354 59,413 59,413 59,413 59,413 |
2020 £ £ 24,775 24,775 1,250 38,575 39,825 ) (512 39,313 64,088 64,088 64,088 64,088 |
2020 £ £ 24,775 24,775 1,250 38,575 39,825 ) (512 39,313 64,088 64,088 64,088 64,088 |
|---|---|---|---|---|
| 64,088 | ||||
| 64,088 | ||||
| 64,088 | ||||
| 64,088 |
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The notes on pages 7 to 9 form part of these financial statements.
Page 4
Ward 3 Community Partnership Limited
Statement of financial position (continued) 31 March 2021
These financial statements were approved by the board of directors and authorised for issue on 23 November 2021, and are signed on behalf of the board by:
Elizabeth Rhodes Director
The notes on pages 7 to 9 form part of these financial statements.
Page 5
Ward 3 Community Partnership Limited
Statement of changes in equity Year ended 31 March 2021
| Profit and loss account £ At 1 April 2019 58,949 (Loss)/profit for the year 5,139 Total comprehensive income for the year 5,139 At 31 March 2020 and 1 April 2020 64,088 (Loss)/profit for the year ) (4,675 Total comprehensive income for the year ) (4,675 At 31 March 2021 59,413 |
Total £ 58,949 5,139 5,139 64,088 ) (4,675 ) (4,675 59,413 |
|---|---|
Page 6
Ward 3 Community Partnership Limited
Notes to the financial statements Year ended 31 March 2021
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Balne Lane Community Centre, Balne Lane, Wakefield, West Yorkshire, WF2 0DP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Page 7
Ward 3 Community Partnership Limited
Notes to the financial statements (continued) Year ended 31 March 2021
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2020: 3).
5. Loss/profit before taxation
Loss/profit before taxation is stated after charging/(crediting):
| 2021 £ Depreciation of tangible assets 3,716 6. Tangible assets Fixtures, fittings and equipment £ Cost At 1 April 2020 and 31 March 2021 68,079 Depreciation At 1 April 2020 43,304 Charge for the year 3,716 At 31 March 2021 47,020 Carrying amount At 31 March 2021 21,059 At 31 March 2020 24,775 7. Debtors 2021 £ Trade debtors 1,040 Other debtors 60 1,100 |
2020 £ 4,372 Total £ 68,079 |
|---|---|
| 43,304 3,716 |
|
| 47,020 | |
| 21,059 | |
| 24,775 | |
| 2020 £ 1,250 - 1,250 |
Page 8
Ward 3 Community Partnership Limited
Notes to the financial statements (continued) Year ended 31 March 2021
8. Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| Social security and other taxes Other creditors |
2021 £ - 700 700 |
2020 £ 112 400 |
| 512 |
Page 9
Ward 3 Community Partnership Limited
The following pages do not form part of the statutory accounts.
Ward 3 Community Partnership Limited
Detailed income statement Year ended 31 March 2021
| Turnover Sales Other income Gross profit Gross profit percentage Overheads Administrative expenses Other operating income Government grants released to the P/L account Operating (loss)/profit Operating (loss)/profit percentage (Loss)/profit before taxation |
2021 £ 10,102 4 10,106 10,106 % 100.0 ) (59,689 ) (59,689 44,908 44,908 ) (4,675 % 46.3 ) (4,675 |
2020 £ 49,519 80 49,599 49,599 % 100.0 ) (44,460 ) (44,460 - - 5,139 % 10.4 5,139 |
|---|---|---|
Page 11
Ward 3 Community Partnership Limited
Detailed income statement (continued) Year ended 31 March 2021
| Overheads Administrative expenses Wages and salaries Tutor / funding cost Water rates Insurance Light and heat Cleaning Repairs and maintenance Printing, postage and stationery Telephone Accountancy fees Bank charges General expenses Subscriptions Depreciation of tangible assets |
2021 £ ) (27,970 - ) (300 ) (1,472 ) (1,613 ) (2,051 ) (20,614 ) (358 ) (583 ) (300 ) (127 ) (13 ) (572 ) (3,716 ) (59,689 |
2020 £ ) (28,453 ) (3,035 ) (483 ) (1,360 ) (2,391 ) (677 ) (1,805 ) (357 ) (500 ) (340 ) (212 ) (475 - ) (4,372 ) (44,460 |
|---|---|---|
Page 12
Company registration number: 4652393
Ward 3 Community Partnership Limited
Unaudited financial statements
31 March 2021
Ward 3 Community Partnership Limited
Contents
| Page | |
|---|---|
| Directors and other information | 1 |
| Directors report | 2 |
| Statement of comprehensive income | 3 |
| Statement of financial position | 4 - 5 |
| Statement of changes in equity | 6 |
| Notes to the financial statements | 7 - 9 |
Ward 3 Community Partnership Limited
Directors and other information Directors Elizabeth Rhodes Victor Wilkins Nasim Aslam Muhammed Younis Abassi Maurice Kent Margaret Isherwood Mandy Barraclough Joan Barraclough Michael O'Donnell Julian Snowden Secretary Margaret Isherwood Company number 4652393 Registered office Balne Lane Wakefield West Yorkshire WF2 0DP Accountants Mayfair Accountancy & Tax Services Limited 134 Bradford Road Dewsbury West Yorkshire WF13 2EW Bankers Yorkshire Bank Westgate Wakefield WF1 1XD
Page 1
Ward 3 Community Partnership Limited
Directors report Year ended 31 March 2021
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2021.
Directors
The directors who served the company during the year were as follows:
Elizabeth Rhodes Victor Wilkins Nasim Aslam Muhammed Younis Abassi Maurice Kent Margaret Isherwood Mandy Barraclough Joan Barraclough Michael O'Donnell Julian Snowden
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 23 November 2021 and signed on behalf of the board by:
Elizabeth Rhodes Director
Page 2
Ward 3 Community Partnership Limited
Statement of comprehensive income Year ended 31 March 2021
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | £ | £ | |||
| Turnover | 10,106 | 49,599 | |||
| Administrative expenses | (59,689 | ) | (44,460 | ) | |
| Other operating income | 44,908 | - | |||
| Operating (loss)/profit | (4,675 | ) | 5,139 | ||
| (Loss)/profit before taxation | 5 | (4,675 | ) | 5,139 | |
| Tax on (loss)/profit | - | - | |||
| (Loss)/profit for the financial year and total | |||||
| comprehensive income | (4,675 | ) | 5,139 |
All the activities of the company are from continuing operations.
The notes on pages 7 to 9 form part of these financial statements.
Page 3
Ward 3 Community Partnership Limited
Statement of financial position 31 March 2021
| Note Fixed assets Tangible assets 6 Current assets Debtors 7 Cash at bank and in hand Creditors: amounts falling due within one year 8 Net current assets Total assets less current liabilities Net assets Capital and reserves Profit and loss account Shareholders funds |
2021 £ 21,059 1,100 37,954 39,054 ) (700 |
£ 21,059 38,354 59,413 59,413 59,413 59,413 |
2020 £ £ 24,775 24,775 1,250 38,575 39,825 ) (512 39,313 64,088 64,088 64,088 64,088 |
2020 £ £ 24,775 24,775 1,250 38,575 39,825 ) (512 39,313 64,088 64,088 64,088 64,088 |
|---|---|---|---|---|
| 64,088 | ||||
| 64,088 | ||||
| 64,088 | ||||
| 64,088 |
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The notes on pages 7 to 9 form part of these financial statements.
Page 4
Ward 3 Community Partnership Limited
Statement of financial position (continued) 31 March 2021
These financial statements were approved by the board of directors and authorised for issue on 23 November 2021, and are signed on behalf of the board by:
Elizabeth Rhodes Director
The notes on pages 7 to 9 form part of these financial statements.
Page 5
Ward 3 Community Partnership Limited
Statement of changes in equity Year ended 31 March 2021
| Profit and loss account £ At 1 April 2019 58,949 (Loss)/profit for the year 5,139 Total comprehensive income for the year 5,139 At 31 March 2020 and 1 April 2020 64,088 (Loss)/profit for the year ) (4,675 Total comprehensive income for the year ) (4,675 At 31 March 2021 59,413 |
Total £ 58,949 5,139 5,139 64,088 ) (4,675 ) (4,675 59,413 |
|---|---|
Page 6
Ward 3 Community Partnership Limited
Notes to the financial statements Year ended 31 March 2021
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Balne Lane Community Centre, Balne Lane, Wakefield, West Yorkshire, WF2 0DP.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible assets
Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Page 7
Ward 3 Community Partnership Limited
Notes to the financial statements (continued) Year ended 31 March 2021
4. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2020: 3).
5. Loss/profit before taxation
Loss/profit before taxation is stated after charging/(crediting):
| 2021 £ Depreciation of tangible assets 3,716 6. Tangible assets Fixtures, fittings and equipment £ Cost At 1 April 2020 and 31 March 2021 68,079 Depreciation At 1 April 2020 43,304 Charge for the year 3,716 At 31 March 2021 47,020 Carrying amount At 31 March 2021 21,059 At 31 March 2020 24,775 7. Debtors 2021 £ Trade debtors 1,040 Other debtors 60 1,100 |
2020 £ 4,372 Total £ 68,079 |
|---|---|
| 43,304 3,716 |
|
| 47,020 | |
| 21,059 | |
| 24,775 | |
| 2020 £ 1,250 - 1,250 |
Page 8
Ward 3 Community Partnership Limited
Notes to the financial statements (continued) Year ended 31 March 2021
8. Creditors: amounts falling due within one year
| Creditors: amounts falling due within one year | ||
|---|---|---|
| Social security and other taxes Other creditors |
2021 £ - 700 700 |
2020 £ 112 400 |
| 512 |
Page 9
Ward 3 Community Partnership Limited
The following pages do not form part of the statutory accounts.
Ward 3 Community Partnership Limited
Detailed income statement Year ended 31 March 2021
| Turnover Sales Other income Gross profit Gross profit percentage Overheads Administrative expenses Other operating income Government grants released to the P/L account Operating (loss)/profit Operating (loss)/profit percentage (Loss)/profit before taxation |
2021 £ 10,102 4 10,106 10,106 % 100.0 ) (59,689 ) (59,689 44,908 44,908 ) (4,675 % 46.3 ) (4,675 |
2020 £ 49,519 80 49,599 49,599 % 100.0 ) (44,460 ) (44,460 - - 5,139 % 10.4 5,139 |
|---|---|---|
Page 11
Ward 3 Community Partnership Limited
Detailed income statement (continued) Year ended 31 March 2021
| Overheads Administrative expenses Wages and salaries Tutor / funding cost Water rates Insurance Light and heat Cleaning Repairs and maintenance Printing, postage and stationery Telephone Accountancy fees Bank charges General expenses Subscriptions Depreciation of tangible assets |
2021 £ ) (27,970 - ) (300 ) (1,472 ) (1,613 ) (2,051 ) (20,614 ) (358 ) (583 ) (300 ) (127 ) (13 ) (572 ) (3,716 ) (59,689 |
2020 £ ) (28,453 ) (3,035 ) (483 ) (1,360 ) (2,391 ) (677 ) (1,805 ) (357 ) (500 ) (340 ) (212 ) (475 - ) (4,372 ) (44,460 |
|---|---|---|
Page 12