**Company registration number: 4652393** **Ward 3 Community Partnership Limited** **Unaudited financial statements** **31 March 2024** **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 - 8**| ## **Ward 3 Community Partnership Limited** ## **Directors and other information** |**Directors**|Elizabeth Rhodes||| |---|---|---|---| ||Victor Wilkins||| ||Nasim Aslam||| ||Muhammed Younis Abassi||| ||Michael O'Donnell||| ||Margaret Isherwood||| ||Mandy Barraclough||| ||Joan Barraclough||| |**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**|Virgin Money||| ||Westgate||| ||Wakefield||| ||WF1 1XD||| **Page 1** ## **Ward 3 Community Partnership Limited** ## **Directors report Year ended 31 March 2024** The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2024. ## **Directors** The directors who served the company during the year were as follows: Elizabeth Rhodes Victor Wilkins Nasim Aslam Muhammed Younis Abassi Michael O'Donnell Margaret Isherwood Mandy Barraclough Joan Barraclough ## **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 12 December 2024 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 2024** |**Note**
**Turnover**
Cost of sales
Administrative expenses
Other operating income
**Operating loss**
**Loss before taxation**
**5**
Tax on loss
**Loss for the financial year and total comprehensive**
**income**|**2024**
**£**
34,419
-
)
(50,329
5,330
)
(10,580
)
(10,580
-
)
(10,580|2023
£
27,616
-
)
(53,568
19,398
)
(6,554
)
(6,554
-
)
(6,554| |---|---|---| All the activities of the company are from continuing operations. **The notes on pages 7 to 8 form part of these financial statements.** **Page 3** ## **Ward 3 Community Partnership Limited** **Statement of financial position 31 March 2024** |**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**|**2024**
**£**
12,933
950
45,756
46,706
)
(1,510|**£**
12,933
45,196
58,129
58,129
58,129
58,129|2023
£
£
15,215
15,215
2,808
50,986
53,794
)
(300
53,494
68,709
68,709
68,709
68,709|2023
£
£
15,215
15,215
2,808
50,986
53,794
)
(300
53,494
68,709
68,709
68,709
68,709| |---|---|---|---|---| |||||68,709| |||||68,709| |||||68,709| |||||68,709| For the year ending 31 March 2024 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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. **The notes on pages 7 to 8 form part of these financial statements.** **Page 4** ## **Ward 3 Community Partnership Limited** ## **Statement of financial position (continued) 31 March 2024** These financial statements were approved by the board of directors and authorised for issue on 12 December 2024, and are signed on behalf of the board by: Elizabeth Rhodes Director **The notes on pages 7 to 8 form part of these financial statements.** **Page 5** ## **Ward 3 Community Partnership Limited** ## **Statement of changes in equity Year ended 31 March 2024** |Profit and
loss account
£
**At 1 April 2022**
75,263
Loss for the year
)
(6,554
**Total comprehensive income for the year**
)
(6,554
**At 31 March 2023 and 1 April 2023**
68,709
Loss for the year
)
(10,580
**Total comprehensive income for the year**
)
(10,580
**At 31 March 2024**
58,129|**Total**
**£**
75,263
)
(6,554
)
(6,554
68,709
)
(10,580
)
(10,580
58,129| |---|---| **Page 6** ## **Ward 3 Community Partnership Limited** ## **Notes to the financial statements Year ended 31 March 2024** ## **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** The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. ## **Tangible assets** ## **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 2024** ## **4. Employee numbers** The average number of persons employed by the company during the year amounted to 3 (2023: 3). ## **5. Loss before taxation** Loss before taxation is stated after charging/(crediting): |**2024**
**£**
Depreciation of tangible assets
2,282
**6.**
**Tangible assets**
Fixtures,
fittings and
equipment
£
**Cost**
**At 1 April 2023 and 31 March 2024**
68,079
**Depreciation**
At 1 April 2023
52,864
Charge for the year
2,282
**At 31 March 2024**
55,146
**Carrying amount**
**At 31 March 2024**
12,933
At 31 March 2023
15,215
**7.**
**Debtors**
**2024**
**£**
Trade debtors
355
Other debtors
595
950
**8.**
**Creditors: amounts falling due within one year**
**2024**
**£**
Other creditors
1,510|2023
£
2,685
**Total**
**£**
68,079| |---|---| ||52,864
2,282| ||55,146| ||12,933| ||15,215| ||2023
£
2,792
16
2,808
2023
£
300| **Page 8** ## **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 2024** |**Turnover**
Sales
Other income
**Gross profit**
**Gross profit percentage**
**Overheads**
**Administrative expenses**
Wages and salaries
Activity expenses
Water rates
Insurance
Light and heat
Cleaning
Repairs and maintenance
Printing, postage and stationery
Advertising
Telephone
Accountancy fees
Bank charges
General expenses
Depreciation of tangible assets
**Other operating income**
Government grants released to the P/L account
**Operating loss**
**Operating loss percentage**
**Loss before taxation**|**2024**
**£**
34,417
2
34,419
34,419
%
100.0
)
(31,527
)
(495
)
(1,179
)
(2,142
)
(4,156
)
(752
)
(5,962
)
(129
)
(30
)
(804
)
(350
)
(173
)
(348
)
(2,282
)
(50,329
5,330
5,330
)
(10,580
%
30.7
)
(10,580|2023
£
27,614
2
27,616
27,616
%
100.0
)
(29,719
)
(1,110
)
(123
)
(1,949
)
(3,920
)
(284
)
(11,731
)
(30
)
(44
)
(628
)
(300
)
(158
)
(887
)
(2,685
)
(53,568
19,398
19,398
)
(6,554
%
23.7
)
(6,554| |---|---|---|