Company r¢gislration numb¢r: 05180733
Charity registrntion numbcr.. 1109429
Hucknall and District Voluntary Sector Partnership
(A company Itmited by guarantee)
Annual Report and Financial Stsiements
for the Year Ended 30 Septeniber 2024
Community Accounling Plus
Unils l & 2 North Wcst
41 Talbot Street
Nollingham
NGR 5GL

HuckDall and District Voluntary Sector Partnership
Contents
Refcrcncc and Administrative Details
Truste¢s' Report
2to5
Independent ExamineVs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
91016

Hucknall and District Voluntary Sector Parthership
Reference and Administrative Details
Trustees
Alberto Rovid& Chaimmn
Trevor Clay
John Wilkinson
K¢vin Rostance
Trevor Clay
Seeretary
Senlor Management Team
Rebecca Wells. Centre cO￿rdInatOr
Charity Registration Number
1109429
Company Registration Number
05180733
Reglstered Office
3a Vine Terrace
Hucknall
Nottingham
Nottinghamshire
NG15 7AR
Independent Examiner
John O'Brien. employ¢¢ of
Community Accouniing Plus
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
Page I

Hucknall and District Voluntary Sector Parthership
Trnstees, Report
The trustees, who arc dircctors for the purposes of company law, present the annual report together with the
rmancial statements of the cbaritable company for th¢ y¢ar ended 30 September 2024.
Trnstees and oificers
The trustees and officers serving during th¢ year and since the year end were as follows:
Trustees:
Alberto Rovid4 Chairnwi
Trevor Clay
Brenda Shelbournc (died 30 April 2024)
John Wilkinson
Kevin RostaThce
Secretary:
Trevor Clay
Structure) governance and management
Nathre ofgoverning doeumenl
The charity is a company limlied by guarantee and trgislered charÈty. It is operaled under the rules of its
meinorandum and articles of &ssociation dated 13 July 2004. Ir has no share capital and the liability of each
mcmbcr in the cvcnt of wiTJding-up is limited to £ l.
Recruitment dnd appointmen¢ of trustees
New trustees come to us by recommendation from the centre's Management Committee.
Objectlves and activities
Objects and
To generally benefit the inhabitanls of Hucknall and Surrounding areas as the trustees for the time being of the
charity shall think fit. including the provision of low cost accommodation and related services to charitable and
voluntsry organisations for the general benefit of th¢ inhabitsnts of Hucknall and the surrounding district.
Objectives. slrategies and 4ctiviiies
We provide and maintain low cost accommodation to tenants and casual uscrs of the centre.
Public benefil
We benefit the public through providing the opportunily to access a Tange ofservices in one I￿atiOn close to th¢
town centre.
The trustees confm that they have complied with th¢ requirements of section 17 of the Charities Act 201 I to
have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 2

HuckDall and District Voluntary Sector Partnership
Trustees, Report
Achievements and performance
HUCKNALL & DISTRICT VOLUNTARY SECTOR PARTNERSHIP
ANNUAL REPORT 2024
This year has been quite an eventful one. sadly Brenda Shelbourn¢ who was the main driving force and founder
of Under One Roof passed awdy. The Managetnent Committee aLknowledges her dedication and Lontribution to
the success of thc Under One Roof Project.
We also lost one of our longest tenanLs Mark Spencer (MP) but thanks to the influence of one of our trustees we
wcrc ablc to r¢nt the offTCCS to ihe incoming Labour MP, Michcllc Wclsh.
l.T. For All have also restarted their sessions which are run by Richard Roworth.
The following serviccs also continucd to be in great demand The Engage Foodbank and Furniture Project and
CGL (Drug and Alcohol Recovery). The o&erdll foorfall of people attending the building ha5 continued to grow
with a big increase of clients using the Foodb8nk.
Th¢ Groups operating from Under One Roof include:_
Engage Foodbank & Furnilure Project
CCIL
l.T. For All
Cotthgc Crafis
11.11.F..L.P. GTOUP
United Rcsponsc
Michelle Welsh MP Constituency Office
We aT¢ very grat¢ful for the hclp Janet Johnson has been able to give to the c¢ntre despite h¢r health problems.
she has pmvided Qover for sickness and holidays of our Centre Co-ordinator.
We would a150 like to acknowledge the on-going financial support ￿CeIVed from Ashfield District Council,
Nottinghajnshire County Council and various organisations.
We hope the next year will be a healthy and prosperous one.
Alberto Rofvida
Page 3

Hucknall and District Voluntary Sector Parthershlp
Trustees, Report
Finallcial revieTh'
Total income in 2023-24 was £68,754, an increase of £18.356 compared with the previous year. The reason for
this increase is two-fold. In respot)se to the increase in electricity prices, rents were increased by 200/0 from I
January 2024 ( l April for CGL). resulting in total income from rents and rrx)m hire of £44,609, comparcd with
£39,574 in 2022-23. Se¢ondly. tbe Charity was successful in securing grants and donations totalling £24.145. an
increase of £13.321 over the previous year.
Thesc granls w¢re'.
Nottingh¢imshire County Council £7.950
Ashficld District Council £4.750
Hucknall Relief in Need Charity £5.000
Thomas Farr £5,000
These demonstrate the charity's continued reliance upon external funding 10 ren￿]n financially viable.
Expenditure increased from £58,564 in 2022-23 to £64.701 in 2023-24, an increase of £6.137. of which,
electricity and water costs increased by 51 Yo frorn £20,458 in 2022-23 to £30,879 in 2023-24.
Ixpenditure on repairs and maintenance rcduced by £1,634. thus enabling the worst affects of the utility costs to
be contsined.
The balancc shcct on 30 Scptember 2024 shows cash at bank and in hand of £21.474 comparcd to £20,31 l in
2023 (notc l O).
Credilors were at a similar level to the previous year, however debtors increased due to a debtor for the rent
increase from CGL remaining unpaid at the year-end.
In view of the continuing high cost of ¢lectri¢ity, at least until the end of the CUTrent three-year Lontract that Nns
unlil April 2026, tbere are ongoing implications for Hucknall and District Voluntsry Sector Partnership. thai will
require further grants to be secured io ensure the solvency of the Charity. The three-year fvnding agreement
with Ashfield District Council has come to an end, Wher￿ the Local Community Funding from
Nollinghamshir¢ County Council runs until 2026.
A fiffther Incre￿ in rents of15 % from l January 2025 has already been agr¢¢d by the trustees.
Policy on reserves
We don'i have a spccific rescrves, policy. There is the ned lo conlinue to grow our cash b212n¢es lo be ablc to
finance any unforeseen events. A minimum of £10.000 is held at any one lin￿.
Page 4

Hucknall and District Voluntary Sector Partnership
Trustees, Report
Principal risks and uncertainti
Therc is a risk that a large proportion of the building is now Occupi￿ by only a f¢w tenants. The loss of our
main tenant if they decided lo move or lose their government contracts. would be a significant risk to the
financial viability of the organisation.
Statement of Responsibilities
Thc I￿￿t¢¢S (who arc also Ihc dA￿torS of Hucknall and Dislrici Voluntary Sector Partnership for ihc purposes
of company law) are re4ponsible for preparing the trustees, report and the fiT)ancial $￿tements in accord¢ince
with applicable law and Uniicd Kingdom Accounting Standards (United Kingdom Gcn¢rally Acccplcd
Accounting Prdctice), including FRS 102 "The Financial Rqjorting Standard applicable in the U K and Republic
of Ereland". The report and accounts have been prepared in accordance with th¢ provisions in the Companies Act
2006 relating to small Lompanies.
Company law requir¢s the trustees to prepare financial statements for ¢acb financial year. Under company law
the trustees must not approve the fiTJancial statemens unless they are satisfied that they give a true and fair view
of the state of affairs of the charitable company and of the incoming r¢sourc¢s and application of resources,
including its income and cxp¢ndilur¢. of the charitsble company for that period. In preparing these financial
stdtements. the trnstees aTe required lo:
select suitable accounting policies and apply them consislently.
obscrvc thc mcthods and principles in thc Charitics SORP.
make judgements and eslimal¢s Ihal are reasonable and prudent:
state whcth¢r applicable accounting standards, comprising FRS 102 have been followed. subjcct to any
material d¢partur¢s ditTrclosed and explained ID thc fmancial stai¢m¢nts- and
prepare the fmancial ststements on the going concem basis unless it is inappropriate to presume that the
charitable company will continue in business.
The Iru51ees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at
any time the financial position of th¢ charitabl¢ company and cnablc them lo ensure thai thc financial stal¢ments
Lomply with the Companies Act 2006. They are also responsible for safeguarding the a55ets of the Lharitsble
ompany and hencc for laking reasonable steps for Ihe prevention and dctcction of fraud and other irrcgularitics.
Thc trustccs are rc%ponsible for the maintcnancc and intcgrity of the corporatc and financial inforniation
includ¢d on Ihc charitablc company's wcbsiic. Lcgislalion governing th¢ prcparation and disscminalion or
financial statements may differ from legislation in other jurisdictions.
Sniall companies provlslon statement
This ￿port has been prepar¢d in accordance with the small companies regime under the Companies Act 2006.
The annual report was approved by the tsuslees of the charity onJ.o... L:.a.fand signed on its behalf by:
Alberto Rovida
TnLsIc¢
Page 5

Hucknall and District Voluntary Sector Partnership
Independent Examiner's Report to the trustees of Hucknall and District Voluntary
Sector Partnership ('the Company,)
Independent examlner's report to the trnstees of Hueknall and Dlstrlct Voluntary Sector Partnership
{'the Company,)
I report to the charity tnlstees on my examination of the accounts of the company for the year ¢nded 30
September 2024.
Re5ponslblllties and basis of report
As the charity's trustc¢s of thc Company (and a150 its directors for the purposes of company law) you are
responsible for the prepara(ion of the accounts in accordance with the requirements of the Companies Act 2006
('the 2006 Act,).
Having satisfied myself that the accounts of ihe Company are not required to be audited under Part 16 of the
2006 Act and arc cligible for indcpcndcn¢ cxamination. I rcport 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 Cbarity Commission under section 145(5)(b) of tbe
2011 Act.
Independent examiner's statement
I have completed my examination. I confllm thal no matters have come ¢0 my attention in connection with the
examination giving me cause to believe tha( in any material respect-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act" or
2. the accounls do not accord with ihose records. or
3. the accounts do not comply with thc accounting rcquiremcnts of scction 396 of the 2006 Act other than any
rcquircmcnt thal the accounts give a 'true and fairf view which is not a maller considcred as part of an
Indep￿dent examination; or
4. the accounts have not been prepared in accordance with the methods and principleg of the Statement of
Recommended Practice for accounting and reporting by charities [applicable lo charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of IrelRnd
(FRS 102)].
I have no ¢onc¢rns and have come across no other matters in connection with the examination to which altenlion
should be drawi in this report in order to enable a proper understanding of the account5 to be reached.
John O,
ricn MSC. FAIA, FCIE. cmploye¢ of Commwiily Accounting Plus
Fellow of the Association of Charity Independent Examiners
Units l & 2 North West
41 Talbot Street
Nottingham
NGI 5GL
Page 6

Hucknall and District Voluntary Sector Partnership
Statement of Financial Activities for the Year Ended 30 September 2024
(Including Income and Expenditure Account and Statement of Total Recognised Gains
and Losses)
Total
2024
Total
2023
Unrestricted
Restricted
Note
Income and Endowments from:
Donations and legacies
Charitable a¢livities
19,145
44,609
19,145
49.609
10,824
39,574
5.000
Total InLome
63.754
5,0
68,754
50,398
Expenditure on:
Charitablc activities
162,201)
(2,500)
{64,701)
158,564)
Total Expendirure
(62.201)
(2.500)
(64,701)
(58,564
Net incom¢l(expenditure)
1,553
2.500
4.053
(8.166)
Net movement in funds
1.553
2.500
4.053
(8,166)
Reconciliation of fundj
Total funds brought forward
155.812
155.812
163,978
Total funds carried forward
12
157.365
2.500
159,865
155.812
All of the charity's activities derive from continuing operations during the above two periods.
The notes on pages 9 to 16 fomi an integral part of these financial slatements.
Page 7

HuckDall and District Voluntary Sector Partnership
(Registration number: 05180733)
Balance Sheet as at 30 September 2024
2024
2023
-Note
Fixed assets
Tangible assets
140.0(XI
140,000
Current assets
t)ebtors
Cash ai bank and in hand
2,781
21.474
258
20,311
io
24.255
20,569
Credltors: Amount5 falling due withln one year
4,390
(4,757)
Net current a55ets
19,865
15,812
Net assets
159.865
155.812
Funds of the charlty:
Restricted iocome funds
Restrictcd fimds
12
2.500
Unrestricted income funds
Unrestricted fun(ts
157.365
155,812
Total funds
12
159,865
155,812
For the financial year ending 30 September 2024 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relating to small companies.
DireL'tors' responsibilities-
The mcmbers have not required the charity to obthin an audit of its accounts for the year in question in
accordance with Section 476" and
Th¢ directors acknowlcdge their rc5ponsibilitics for complying with the requ1￿M¢nIS of lh¢ Acl with rcspccl
to accounting records and ihc prcpardtion of accounts.
Th¢se financial statements have been prepared in accordan¢¢ with thc spccial provisions r¢latin8 to companics
subjecl to the small companies regime within Part 15 of the Companies ACL 2006.
The financial statements on pages 7 to 16 V￿re approved by the tr￿tees, and authorised for issue on
Jo.:.L,afand signed OD their behalf by:
vor Clay
Company Secrelary
n￿lee
The notes on pages 9 to 16 fom) an integral part of these f￿anCIal statements.
Page 8

Hucknall and District Voluntary Sector Parthership
Notes to the Financial Statements for the Year Ended 30 September 2024
l Accounting policies
Summarv of signlficant a¢¢ountlng pollcies and key accounting e5tinutes
The principal accounting policies applied in the preparation of these financial statements are set out below.
These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of ¢ompli2nce
The finanLial statements have ￿en prepared in accordance with Accounting and Reporting by Charities:
Sthicmcnl of Recommended Prnclice {applicabl¢ lo charilics prcparing thcir accounts in accordance with thc
l•inanLial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (i$5ued in October 2019)
{Charities SORP (FRS 102)). the Financial Reporting Standard applicable in the UK and Republic of Ireland
(FRS 102) and the Companies Act 2006.
Basls of preparation
Hucknall and District Voluntary Sector Partner5bip meets the defmilion of a public benefit entity under FRS
102. Assets and liabilities are initially rKognis¢d at historical cost or transaction value unless otherwise slaled in
the relevant aLLounting poliLy notes.
Goin2 eoncern
The financial statements have been Prepared on a goin8 concern basis.
The Iruslccs asscss whether the usc of going concern is appropriate i.e. whelher there are any mal¢rial
uncertainties related to events or conditions that may cast Si￿1fiCant doubi on the ability of the charity to
continue as a going concern. The trustees make this assessment in respect of a p¢riod of one year from the date
of approval of the fllmncial statements.
Exemption from preparing a cash flow slatement
Undcr the exemption available to smaller ¢harili¢s th¢ Board of Trustees has chosen not to include a Stsi¢ment
of c.ash Flows within the financial statements.
Incon￿ and eDdoWn￿￿t$
Volunlary incom¢ including donations. gifts. legacies and grants thai provide corc funding or are of a general
nature is recognised when the charity h&$ entitlement to the income, it is probable that the income will be
r¢¢civ¢d and th¢ amount can b¢ m¢asur¢d with suLficient reliability.
Donations and l¢g4¢1
Donations are recognised when the charity h&s been notified in writing of both the amount and settl¢m¢nt date.
In the event that a donation is subject to conditions that require a level of perfornwice by the charity before the
Lharity is ¢ntitl¢d io the funds. the income is deferred and not recogni5￿ UT]til either those conditions aT¢ fully
meL or the fulfilment of those conditions is wholly within the coT)trol of the charity and it is probable that these
conditions will be fulfilled in the reporting period.
Grnnts recéivable
Grants arc r¢cogniscd wh¢n thc charity has an entitlement to the funds and any conditions linkcd to the grants
have been met. Whcr¢ perforniance conditions are 2i&ched to the grdnl and are yet lo be mel. Ihe incomc is
recognised as a liabiliry and included on (he balance sheel &s deferred income to be released.
Page 9

HuckDall and District Voluntary Sector Partnership
Notes to the Financial Statements for the Year Ended 30 September 2024
Expendithre
All expenditur¢ is recognised once there is a legal or constructive obligation to that expenditure. tt is probable
settlement is required and the amount can be measured reliably. All costs are allocated to the applicable
expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attTibuted to
particular headings th¢y hav¢ been allocated on a basis consistent with the use of resources. with central staff
Losts all￿ated on the b&sis of time spent. aud d¢preciation clwges allocated on the portion of the ass¢t's use.
(hhcr support costs are allocated b&s¢d on the sprcad of staff costs.
Charitable activiti
Charilablc cxpcndilurc cornpriscs Ihosc costs incurr¢d by thc charity in the dclivcry of its activitics and scrviccs
for its beneficiaries. It includes both costs that can be allocated directly to such activities and ihose costs of an
indirect naturc necessary io support them.
Government grants
Government grants are recognised based on th¢ accrual model and are measured at the fair value of th¢ asset
received or receivable. Grants are classified as relating either to revenue or to assets. Grants relaling to revenue
are ￿COgnised in income over the period in which the Telated costs are recognised. Grants relating to assets are
recognised over the expccid useful life of the asset. Where part of a grant relating to an asset 15 defe￿ed. it is
Tecognised as deferred income.
Taxation
The charily is considered lo pass th¢ tests sel out in Paragraph I Schedule 6 of ih¢ Finance Aci 2010 and
therefore it meets the definition of a charitable company for UK corporation tsx PUTposes. Accordingly, the
charily is potentially exempt from t￿tiOn in r¢speci of income or capital gains r¢c¢ivcd within categories
covered by Chapter 3 Part I l of the CoTpofdtion Tax Act 2010 or Section 256 of the Taxation of Chargeable
Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purwses.
Tangible fixed assets
Individual fixed assets Cosling £500.00 or more are initially recorded at cost.
Depreclatlon and amort15atlon
Depreciation is provided on tangible fixed I￿lS so as lo write off the cost or valuaiion, less any eslimated
rcsidual valu¢, ovcr thcir cxpccted useful cconomic lifc as follows:
A$$et class
Deprttialion method and rate
Equipment
200/0 on a straight line basis
The cost of land and buildings included in the Balance Sheet but not deprectated is £140.000.
Trade debtors
Trade d¢btor5 are amounts due from customers for meTchandis¢ sold or services performed in the OTdin3ry
course of business.
Trade debtors are recognt5ed initially at the transaction price. Th¢y are 5ub5equently measur¢d at aTnurtised Lost
using Ihc effcclivc inlcrcsl methoQ Icss provision for impairmcnl. A provision for thc impairmcnl of Iradc
dcbtors is established when there is obJ￿tive evidence that ihe charity will noi be able to collect all amounts due
according io the original tenns of thc r￿e1vableS.
Page 10

Hucknall and District Voluntary Sector Partnership
Notes to the Financial Statements for the Year Ended 30 September 2024
Cash and cash equivalents
Cash and cash equivalents comprise c&sh on hand and call deposits, and other short-tern] highly liquid
invcslm¢nÉ¥ that are readily convertible ￿ a known amount of and are subject to an insignificant risk of
change in value.
Fund structure
Unrestricted incom¢ funds are gcncral funds thai arc available for wc at thc tnLslccs' disC￿li0n in furtherance of
thc objcctivcs of the charity.
Restricted income funds are those grdnts for use in a particular area or for specific purposes, the use of which is
rcstricted to that aTea or PUTPOSC.
Penslons and other post retirement obligations
The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held
separately from thos¢ of the Charity. Pension costs charges in the Statement of Financial Activities represent the
contrtbutions payable by the charity during the year.
2 Income from donations and Regacies
Unrestricted
funds
General
Tolgl
2024
Total
2023
Donations and legacies:
Donations from companies, trusts and sitnilar
proceeds
Grants, including capitsl grants"
Govenunent grdnts
6.445
6,445
624
12.700
12,700
10,200
19,145
19,145
10,824
3 Ineome from charitable activities
Unrestrirted
funds
Gener41
Restricted
funds
Total
2024
Total
2023
Rent
43.737
872
43.737
872
5,000
36.948
2,626
Rwm hire
Grants
5,000
44.609
5,000
49.609
39.574
Page 11

HuckDall and District Voluntary Sector Partnership
Notes to the Financial Statements for the Year Ended 30 September 2024
4 Gr¥dnts & donations
Unrestrirted
funds
Restrlcted
funds
Total
Thomas Farr
Nottinghamshtr¢ County Council
Hucknall Rclief in Necd Charily
Ashfield Dtstrict Council
Sundry donations
5.0(K)
5,000
7.950
5.000
4.750
1,445
7,950
5,0(M)
4.750
1,445
19.145
5,000
24,145
5 Expendfiture on eharlt2ble artivltles
Unrestricted
funds
General
Restrlcted
funds
Total
2024
Total
2023
Wages. Nl & pension
Utilities
Insurance
Repairs & maintcnancc
Cleaning. materials & refuse
Furnitur¢ & equipment
Telephones
Printing, postsge & stationery
Service contrdcts
Licences
CateTing
Legal & professional fccs
Othcr
Contribution to core costs
18.737
30.879
2,129
3.775
5,435
18.737
30.879
2.129
3.775
5,435
18.579
20,458
1,950
5.409
6,005
129
2,268
81
2,218
537
246
2254
87
2254
87
249
50
1,056
50
2,500)
249
50
1.056
50
684
2.500
62,201
2,500
64.701
58,564
6 Fees payable to Independent exaDthier
During the period, the fees payablc (excluding VAD to the clwity's independent examiner Community
A¢￿U￿ting Plus are analysed as follows:
2024
2023
Indcpcndcnl Cxamination
630
570
Page 12

Hucknall and District Voluntary Sector Parthership
Notes to the Financial Ststements for the Year Ended 30 September 2024
7 Slaff costs
The aggregate payroll costs were as follows:
2024
2023
Staff costs during the year were:
Wagcs and salaries
Pension costs
18,373
364
18,220
359
18.737
18,579
The monthly average number of persons (including senior management fram} ¢mployed by the charity during
the yeaT was as follows:
2024
2023
Averdge number ofemployees
1 {2023 - 1) of the abovc cmployees participated in the Defjncd Contribulion P¢nsion Scheme5.
Contributions to the employee pension schemes for the year totalled £364 (2023 - £359).
No employee received emoluments of more than £60.0(X) during the year.
The totsl employee benefits of the key n￿)agement personDel of the clwity were £18,737 {2023 - £18,579}.
8 Tangible fixed assets
Land and
buildings
Equipment
Total
Cost
At l October 2023
140.(K)O
2.183
142.183
At 30 Scpternber 2024
140.(K)O
2.183
142,183
Depreciation
At l October 2023
2.183
2,183
At 30 September 2024
2.183
2.183
Net book value
At 30 September 2024
140,1K)O
140.000
At 30 Septcmbcr 2023
140,WO
140.000
Page 13

Hucknall and District Voluntary Sector Partnership
Notes to the Financial Statements for the Year Ended 30 September 2024
9 Debtors
2024
2023
Trade debtors
Prepayments
2.447
334
258
2,781
258
10 Cash and cash equlvalents
2024
2023
Cash on hand
Cash at bank
20
21.454
344
19,967
21.474
20.311
I I Creditors: amounts fvdlliDg due within one year
2024
2023
Oih¢r laxation and social SCCUTity
Other creditors
Accruals
127
994
3.269
147
731
3.879
4.390
4,757
12 Funds
Balance at 30
September
2024
BalaDce at I
Oclober 2023
InconADg
resources
Resources
expended
Unrestrieted funds
General
General Fund
155,812
63.754
{62,201)
157.365
Restricted funds
Core costs
5,000
{2.500
2,500
Total funds
155.812
68.754
(64.701
159,865
The specific purposcs for which the funds arc to bc applied arc as follows:
The Core costs fimd is funding from Thomas Farr towards the core costs of Under One Roof.
Page 14

Hucknall and District Voluntary Sector Partnership
Notes to the Financial Statements for the Year Ended 30 September 2024
Balance At 30
September
2023
Balanee at I
October 2022
Incoming
resources
Resources
expended
Unrestricted funds
Generol
Gcneral Fund
163.978
155,812
13 Analysis of net assets between funds
Unrestricted
2024
Total funds
General
Restricted
Tangible fix￿ assets
Current assets
Current liabilities
140.000
21,755
(4,390)
140.000
24,255
(4,390)
2.500
Total nct asscts
157.365
2.500
159,865
Unrestricted
2023
Total funds
General
Tangible r￿ed assets
Current assets
Current liabilRties
140.000
20.569
(4.757)
140.000
20,569
(4.757)
Total net assets
155.812
155,812
14 Related party transactions
There w¢rc no rclated party transactions in the y¢ar.
IS Taxation
The ch￿lty is a registered charity and is therefore exempl from taxation.
16 Trustees remuneration Vdnd expenses
No kn￿tee$, nor any persons connected with them, have received any remuneration from the Charity during the
year.
No twstees have received any reirnbursed ¢xpenses or any other benefits from thc charity during th¢ year.
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Hucknall and District Voluntary Sector Partnership
Notes to the Financial Statements for the Year Ended 30 September 2024
17 Charity staths
The charity is a company limited by guarantee and consequently doe5 noi have share capital. Each of the
trustees is liable to Lontribute an amount not exceeding £1 towards the assets of the chariry in the event of
liquidation.
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