Company Reglstration Number: 04129701
Charity Registration Number: 1114785
Shotton Partnership 2000 Ltd
Financial Statements
For the Year Ending
31 December 2024
JANE ASCROFT ACCOUNTANCY LIMITED
Chartered Accountants
Enterprise House
Harmire Enterprise Park
Barn8rd Castle
County Durham
DL12 8XT

Shotton Partnership 2000 Ltd
Financlal Statements
Year Ended 31 December 2024
Page
Trustees, Annual Report (Incorporating the Director's Report)
Independent Examiner's Report to the Trustees
statement of Financial Activilies (Including Income and Expenditure Account)
Statemenl of Financial Position
10
Notes to the Financial Statements
11
The Followlng Pages Do Not Form Part of the Flnancial Statements
Detailed Statement of Financial Activities
23

Shotton Partnership 2000 Ltd
Truslees, Annual Report {Incorporatlng the Directorfs Report)
Year Ended 31 December 2024
The trustees, who are also the directors for the purposes of company law, present their report and the
unaudited financial statements of the charity for the year ended 31 December 2024.
Ob'ectives and Activities
The objecls of Shotton Partnership 2000 Limited are for the benefit of the communily in Shottr)n,
County Durham. to promote education and vocational training-, create job opportunitie5- provide
recreation and leisure facilities- improve the environment,. promole public safety and reduce crime,. and
provide olher services and facilities for community benefit a5 the charity sees fit.
Achievements and Performance
2024 has been a busy year where we have been committed to delivering our funding and conlractual
commitment as well as exploring new opportunities and way to increase the services we deliver. This
year saw a milestone for the Partnership as not only was it our 25th anniversary year il started a new
chapter for us as we extended our service provision to include youth work.
Even with the extra work, we have managed to continue our ongoing projects and services as well as
introducing several new ones, despite the current funding climate. The Partnership has not missed
any financial opportunities, resulting in us being successful in securing grants from new financial
programmes and SLAS, as well as increasing our generated income.
Shotton Community Hub
The Hub has become an integral part of the village and is seen as the place to go to access services.
seek Infomation and get support as and when needed.
The total number of people using the Hub in 2024 was 2,601 comprising 645 men, 1.286 women, 233
boys and 320 girfs. The Hub was attended for many reasons including group activities- l.T'. training
welfare support,. events.. workshops., café- meetings, Youth Club and School holiday programme.. and
outside organisations support. The annual footfall was 19,943. making a rnonthly average of 1,661.
The Partnership is recognised as an organisation that can deliver and this year many fvnders have
approached us to apply to them for funding $0 we can continue our vital service delivery.
Outside Area
The Partnership is committed to continually look at ways to improve the Community Hub both inside
and out. This year to enable us to use the outside area we extended the patio and install a canopy
which will provide much needed cover in poor weather conditions.
This work was funded by Point North formally Called County Durham Community Foundation and
donations.

Shotton Partnership 2000 Ltd
Trustees. Annual Report {In¢orporating the Director's Report) {continuedJ
Year Ended 31 December 2024
Play Area
The play area has proved to be a great access especially for youth sessions. private parties and
holding events, it is also a great asset when delivering the Fun & Food sessions.
Hub Café
The Café is used by our user groups, as a tuck shop for the youlh clubs and supplied food for our
Holiday Fun & Food provision,. events,. party bookings., and buffets. We do daily deliveries and have a
Lunch club on a Friday. The kitchen gardens provide some of the vegetables used in the kitchen.
Over the winter months the café is a wam space where we do free meals one day a week and hot
sandwiches one day a week. We also deliver 50 free meals per week. These are funded by Point
North and Age UK.
l.T. Suite
The l.T. Suite provides education and Iraining,. job search; accredited qualifications and access to the
internet.
In 2024, 268 adults used the l.T Suite and attracted 38 new members.
Our biggest achievements in 2024 were handling 99 IAG interventions,. supportlng 5 learners to gain
Level 1 qualifications and 19 to achieve Lev812 qualifications as well as assisting 4 people into
employment. Support was given lo a further 47 people who had not been claiming their full benefit
entitlements.
Over the year, the l.T. Suite was funded by Virgin foundation, Greggs and East Durham Community
Trusfs 'Connect' project which is funded by the Lottery.
Mothers & Toddlers
The weekly sessions are held every Wednesday and allow young children to have fun with others their
own age while motherslcarers can chat to friends. The numbers fluctuate every week but funding from
Councillor Cochranes remaining NHB. This year the group enjoyed a Irip Sunderland lights and the
Play Place area
CREE Project
The CREE project provides somewhere for people to socialise and, if needed, access support for
problern5 they may be facing which Could be affecting their mental wellbeing.
This year we changed the delivery of the Men's CREE to a youlh people's CREE. this is because the
men prefer to come is as and when they want for one to ones ralher than group sessions. The
women's session5 was 15 with a group of 12 attending on a regular basis. they do a variety of
activities including trips and meals out. It is early days for the young people's Cree but it wll be a
good 58rvice for the new youth centre
The Men's and Women's CREES are funded by Durham County Council's Public Health Service.

Shotton Partnership 2000 Ltd
Trustaes. Annual Report (Incorporating the Dlrector's Report) (continue
Year Ended 31 December 2024
Holiday Activities (AAPI
Throughout the year we held Fun & Food activities during all school holidays. The Fun & Food offer
included activilies, art and crafts, trips, fun days and free food for children.
February.. We provided 5 days fun activities for young people. we engaged 105 children distributing
115 lunches. The aclivities include a Family fun day, arts & craft and a frozen themed workshop.
Easter.. Two weeks of delivery, engaging 57 children, distributing 159 lunches. Throughout the
weeks the children attended a variety of activities including trips to Ihe Dunes at South Shields, family
entertainers, Easter Hunt and an Easter Paty where all young people that attended received an
Easter egg.
Summer.. A six week programme of delivery included Magic Andrew, Crazy Colin, Nature Walk, Arts
and Crafts, Assault course trips to South Shields Roman Fort, Warton Park, Durham Cathedral and
Seaham as well as an end of summer Fun Day.
Over the six weeks we engaged 86 children and distributed 588 lunches.
This year was the first year the youth centre delivered the Fun & Food summer activities for the young
people eleven plus. There was twelve sessions. activities included working with a artists to produce a
mural on the wall adjacent to the youlh centre, ghyll scrambling and horse riding. Ten young people
havè compleled an Arts Award Discovery Certificate.
December= Over the Christmas period we held a Christmas Party where the children enjoyed the
entertainment, took part in the games and visiled Santa in his Grotto where they received a section
box, over this period we engaged 58 young people all whom received a free meal.
All of these evenlslactivilies were funded by Durham County Council's Fun & Food and East Durham
AAP.
Youth Engagement
The Partnership provided youth sessions 3 nights a week - Monday and Tuesday are aclivitieslgames
sessions and Wednesday is Mini Chets,. this popular project leaches young people basic cookery
skills. Last year we engaged 132 children at the Youth Sessions173 girls and 59 boys). The children
enjoyed trips lo Sunderland Illuminations, Blackhall's panlomime and a trip lo the Baltic.
The Ballinger Foundation and County Durham Community Foundation provided the finance for these
sessions.
VITgln Money Foundation
Over the year project funding from virgin we have come some way to address the green agenda,
we have created a kitchen garden. installed a green house. water barrels, compose bins, raised beds
and a potting shed.
The two year core funding has help8d the Partnership become more sustainable by covering staff
wages.

Shotton Partnership 2000 Ltd
Trustees, Annual Report Ilncorporating the Diredor'5 Report) (contlnued)
Year Ended 31 December 2024
East Durham Community Trust
As a member of EDCT, Ihe Partnership has been able to work with the Trust on many different
projects. This has been of financial benefit to the Partnership and we have proved to the Trust that we
can deliver a wide range of quality services.
Connect - The seNice is modelled on 'there is no wrong door,; if we cannot help or support them,
we will refer them to an organisalion Ihat can.
As one of the partner organisation of the Trust we can distribute. Food Parcels. Energy vouchers
and white goods.
No More nowt. As part of the Culture Hub the Partnership commissions an artist lo paint a mural
in on the wall of the café. The young people worked with artists to do a mural on the wall surrounding
the football field at the community park.
Communlty Support
The Partnership continued to support the community and once again this yearwe have focused on the
cost of living support.
The support included:
Delivering 307 free meals to vulnerable people in the village
Gave out ??????? Food Parcels
Invited people into the hub for a fre8 meal since every Wednesday in November and every
Thursday a breakfast sandwich.
Provided a warm space for people of the community to come hav8 refreshments, socialise and
¢harge devices.
Setting up a table wilh donated food and clothing for people to help themselves
Several litter picks around the village
The lending library is very well used.
Opened Christmas Eve for people lo come and take food that had been donated by Aldis, K.P.
Crisps, Coop, Lady of Lourdes church and local residents.
These interventions have been funded by Locality and County Durham Community Foundation.
Shotton Youth Centre
This year marked a new chapter for the Partnership as we now run Iwo building. the new Youth Centre
opened in June. providing youth sessions for children eleven and over. The Centre is open 5 days a
week and the sessions are provided by Groundwork and the partnership's staff. The young people
have enjoyed trips out, football coaching. DJ sessions, web designs. games and chill out session.
The Partnership are growing our own youth worker and we currently have members of our staff
are on a level 6 youth and community degree course and two are on a level 3 youth course. Once they
have qualified they will run the youth session5.
In the first year we have 256 young people used the building. with an average of 19 young people per
session and a monthly average of 77.
This service has been fully funded by The Department of Media, Culture and Sport Youth Investment
Fund.
The funding secured for Ihe new building supported the successful application to Towns and Villages
for a extension to the car park.
Partnership Offlce
The Partnership Office was sold this year however before the sale was completed it was broken into
which resulted in u5 having to make costly repairs. once all Ihe cosls have been deducted the
remaining money will go into the building fvnd.

Shotton Partnership 2000 Ltd
Trustees, Annual Report {Incorporating the Director's Report) (continued)
Year Ended 31 December 2024
Partnership Office
The Partnership Office remains unoccupied and we are looking for new tenants,. if none is forthcoming
we will we be looking at other options.
Community Festival
The annual Festival is always very well recèived by the village with over 300 people attending
throughout the day. Attractions included a fairground., children's enlertainer: disco. paty games..
INFLATABLES- art5 & craft and musical entertainment.
The cost of Ihe event is covered by the Parish Council., local businesses. donations, raffles and
tombola on the day.
Spo¢lal Occasions
The improvement to the Hub and gardens has made it a great place to celebrate or commemorate a
special occasion, this year we have seen an increas6 in bookings including birthday, christenings.
anniversary. conferences and funerals.
Wirgin Dlgltal ProJe¢t
To end the year on a posltive note we were awarded a lolal of £89863 from Virgin money the funding
is to employ a l.T. Community Development Worker and overheads frjr a three year period.
Summary
This report is a snapshot of the accomplishments of Shotton Partnership over a 12 month period,
highlighting how working in partnership wilh others and having a wide network of organisations which
value our services gives the Partnership an extensive mechanism of support when needed.
In 2024 the Partnership's generated income started to increase. however, we still needed graT)ts to
support Ihe overall cost of wnning Ihe Hub. Shotton Partnership attracted jusl over £250,000 of granis
this included the £89,863 from virgin money, £20,000 James Knott, £38,000 Fun & Food and
generated income of £19.000. We also receive financial support from Ihe Parish Council for the
general costs of the communily hub.
Every year seems to be busier than the last and 2024 has been no different, but as a 'can do,
organisation, Ihe Partnership will take everything in its stride and work together to continue the good
work.
Flnanclal Review
The Trustees attempt to maintain "free" reseryes of between three and six months core running cosls.
At 31st December 2024 this requirement is calculated to be be￿een £57,500 {3 months expenditure)
and £115.00016 months expenditure). As of the 31st December 2024 the reseNes tolalled £145,873.

Shotton Partnership 2000 Ltd
Trustees. Annual Report (Incorporating the Director's Report) (conllnu8d)
Year Ended 31 December 2024
Plans for 2025
Our priority for 2025 is to continue service delivery of our current services and take over the delivering
of the youth services at the youth Cenlre.
The addition of the new IT Cornmunity Development working should introduce new smarter ways to
work.
To ensure we are addressing the green agenda we will be working with East Durham Community
Trust on the new EneTgise project which is looking at all aspects of reducing waste and saving energy.
Hub & Youth Centre Outslde
The partnership is committed lo making improvement to the building we run and this year our aim is lo
work with the Parish council on renewing the MUGGA flood lights a in community park and improve
the outside area of the hub.
The Partnershlp will work towards increasing our network of organisations to ensure that we do not
lose on any possible opportunity that could be of benefit to the village of Shotton.
Finally, I would like to add that, over the past 26 years. Shotton Partnership has come a long way and
has contributed a great deal to iTnproving Ihe quality of life for the residents of Shotton and I say a big
'thank you, to everyone involved in all of our projects for their hard work, particularty our Board of
Truslees and volunteers for theiT time and commilment and without whom there would be no Shotton
Partnership.
structure Governan¢e and Mana
Shotlon Parlnership 2000 Limited is a registered charity {¢harity number 1114785) and a limited
company (company number 04129701). It was incorporated on 22 December 2000 and was
registered as a charity on 22 June 2006. It is governed by its Memorandum and Articles of
Association.
Trust6es are recruited from the local community and are nominated and elected at the charity's AGM.
All Trustees give their time voluntarily and receive no benefit from the charlty. No expenses were
reclaimed from the charity during the year.
ement
Publ1¢ Benefit
Our main activities and who we help are described elsewhere in this report. All our charitable activiti8S
are undertaken to further our charitable purposes for the public benefit. The Trustees have had regard
to the Charity CommissSon's guldance on public benefit throughout the year when deciding on the
activities of the charity.

Shotton Partnership 2000 Ltd
Trustees. Annual Report Ilncorporatlng the Dire¢tor's Report) (continued)
Yoar Ended 31 December 2024
Referènce and Administrative Details
Registered charity name
Shotton Partnership 2000 Ltd
Charity registralion nurnbgr
1114785
Company reglstratlon number 04129701
Principal office and registered Shotton Community Hub
office
Bridge Road
Shotton Colliery
County Durham
DH6 2PQ
The Trustees
J J Briggs (Secretary)
D Brooks
A Hepworth (Chair)
B A Nelson (Treasurer)
D Rowell
R Hardy
A Thornton
Company Secretary
J J Briggs
Independent Examiner
Jane Ascroft FCA MA (Cantabl
Enterprise House
Harmire Enterprise Park
Barnard Castle
County Durham
DL12 8XT
Small Company Provlslons
This report has been prepared in accordance with the provisions applicable lo companies enlilled to
the small companies exemption.
The trustees, annual report was approved on
Iru5tees by=
and signed on behalf of the board of
J J Briggs
Charity Sècretary

Shotton Partnership 2000 Ltd
Independent Examiner's Report to the Trustees of Shotton Partnership 2000 Ltd
Year Ended 31 December 2024
I report to the trustees on my examinalion of the financial statements of Shotton Partnership 2000 Ltd
{'the charity,) for the year ended 31 December 2024.
Responsibilitles and Basls of Report
As the Irustees of the company (and also its directors for the purposes of company lawl you are
responsible for the preparation of the financial statements in accordance with the requirements of the
Companies Act 20061'the 2006 Act'l.
Having satisfied myself that the accounts of the company are not required lo be audited under Part 16
of the 2006 Act and are eligible for independent examination. I report in respect of my examination of
the charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In
oarrying out my examination I have followed the Directions giv8n by the Charity Commission under
section 145{5llb) of the 2011 Act.
Independent Examiner's Statement
Since the charity's gross income exceeded £250.000 your examiner must be a member of a body
listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination
because l am a member of the Institute of Chartered Accountants in En9land and Wales IICAEW),
which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come lo my attention in connection
with the exarnination giving me cause to believe:
accounting records were not kept in respect of the charity as required by section 386 of the
2006 Act- or
Ihe financial statements do not accord with those records., or
the financial statements 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
the financial statements have not been prepared in accordance wilh the methods and
principles of the Statement of Recommended Practice for accounting and reporting by
charities applicable to charities preparing Iheir accounts in accordance with the Finan¢i81
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
I 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.
Jane Ascroft FCA MA (Cantabl
Independenl Examiner
Enterprise House
Harmire Enterprise Park
Barnard Castle
County Durham
DL128

Shotton Partnership 2000 Ltd
Statement of Flnancial Activities
{includlng income and expenditure account)
Year Ended 31 December 2024
2024
Restricted
funds Total funds
2023
Unrestricted
funds
Total funds
Note
Income and endowments
Donations and legacies
Charitable activities
Investment income
10,749
90.556
7,823
109,128
185,707
116,188
196,456
206,744
7,823
280,419
81,368
5,434
Total In¢ome
301,895
411,023
367,221
Expendlture
Expenditure on charitable activities
Other expenditure
Total expenditure
55,228
10.329
298.926
354,154
10,329
364.483
174.091
65,557
298,926
174.091
Net income
43,571
2,969
46,540
193,130
Transfers be￿een funds
46.168
{46.1681
Net movement In funds
89.739
(43,199)
46,540
193,130
Reconclllation of funds
Total funds brought forward
Total funds carried forward
356,428
219,748
576,176
622,716
383,046
576,176
446,167
176.549
The statement of financial activities incSudes all gains and losses recognised In the year.
All income and expenditure derive from continuing aolivities.
The notes on pages 11 to 21 form part of these financlal statements.

Shotton Partnership 2000 Ltd
staternent of Financial Position
31 December 2024
2024
2023
Note
Flxed Assets
Tangible fixed assets
199,534
197,881
Current Assets
Debtors
Cash at bank and in hand
17
2,434
423,844
8,413
372,131
380.544
426,278
Creditors: amounts falling due within one year
Net Current Assets
Total Assets Less Current Liabilities
Net Assets
18
3,096
2,249
378,295
576,176
423,182
622,716
622,716
576.176
Funds of the Charity
Restricted funds
Unrestricted funds
176,549
446,167
622.716
219,748
356,428
576.176
Total charity funds
19
For the year ending 31 December 2024 the charity was entitled to exemption from audit under section
477 of the Companies Act 2006 relaling to small companies.
Directors, responsibilities..
The members have not required the company to oblain 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 statemenls have been prepared in accordance with the provisions applicable to
companies subject to the small companies, regime.
These financial stalements were approved by the board of trustees and authorised for issue on
.aS:ob..aK4Tr5, and are signed on behalf of the board by..
B A Nelson (Treasurer)
Trustee
Th¢ notes on pages 11 to 21 form part of these flnan¢ial statements.
10-

Shotton Partnership 2000 Ltd
Notes to the Flnancial Statements
Year Ended 31 December 2024
General Information
The charity is a public benefit entily and a private company limited by guarantee, registered in
England and Wales and a registered charity in England and Wales. The address of the
registered office is Shotton Community Hub, Bridge Road, Shotton Colliery. County Durham,
DH6 2PQ.
statemont of Compliance
These financial slatements have been prepared in compliance with FRS 102, 'The Financial
Reporting Standard applicable in the UK and the Republic of Ireland,. the Statement of
Recommended Practi¢e applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (Charities
SORP (FRS 102)) and the Companies Act 2006.
Accounting Pollci8S
Basls of Preparatlon
The financial ststements have been prepared on the historical cost basis, as modified by the
revaluation of certain financial assets and liabililies and investments measured at fair value
through income or expenditure.
The financial statements are prepared in sterling, which is the fundional currency of Ihe entity.
The entity is a Public Benefit Entity.
Going Concern
There are no malerial uncertainties about the charity's abilty lo continue.
Judgements and Kay Sources of Estlmatlon Uncertalnty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other faclors, including expectations
of future events that are believed to be reasonable under the circumstances. The trustees
consider that Ihere are no significant estimates or judgements affecting these financial
statem8nt5.
Fund Accounting
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the
purposes of the charity. Unrestricted funds include a revaluation reserve representing the
restatement of investment assets at market values.
Designated funds are unrestricted funds earmarked by the tnJstees for specific purposes.
Restricted funds are subjected to restrictions on Iheir expen(Jiture Imposed by the donor.
11

Shotton Partnership 2000 Ltd
Note5 to the Finan¢lal Statements (continued)
Year Ended 31 December 2024
Accounting Policies f¢ontlnued)
In¢ome
All income is included in the statement of financial activities when the charity is entitled lo the
income. any performance related conditions attached have been met or are fully within the
control of the charity. the income is considered probable and the amount can be quantified with
reasonable accuracy. The following specific policies are applied to particular categories of
income.
Donations and legacy income is received by way of donations, legacies, grants and gifts and is
included in full in the Statement of Financial Activities when receivable. Where legacies have
been notified to the charity but the criteria for income recognition have not been mel, the legacy
is treated as a contingent asset and disclosed if material. Grants, where entitlement is nol
conditional on the delivery of a sp8cific performance by the charity, are recognised when the
charity becomes unconditionally entitled to the grant.
Donated services and facilities are included at the value lo the charity, being the amount the
charity would have been willing to pay to obtain services or facilities of equivalent economic
benefit on th8 open market.
Investment income is included when receivable.
Income from charitable trading activity is accounted for when earned.
Income from grants, where related to performance and specifi¢ deliverables, are accounted for
as the charily earns the right to consideration by its performance.
Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VAT which cannot be fully recovered, and is reported as part of the expenditure to which it
relates:
Costs of raising funds comprise the costs associated with attracting donations, grants and
legacies and the costs of trading for fundraising purposes.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its
activities and services for ils beneficiaries. 11 includes both costs that can be allocated directly to
such activities and those costs of an indirect nature necessary to support them.
Other expenditure includes all expenditure that is neither related to raising funds for Ihe charity
nor part of ils expenditure on charitable activities.
1 ¢05ts are allocaled between the expenditure categories of the SOFA on a basis designBd to
reflect the use of the resource. Costs relating to a particular activity are allocated directly, others
are apportioned on an appropriate basis, as s8t out in the notes to the account5.
Tangible Assets
Fixed assets are slated at cost less accumulated depreciation. The costs of minor additions or
those costing below £500 are not capitalised.
12

Shotton Partnership 2000 Ltd
Notes to the Financial Statements (Gontlnu8d)
Year Ended 31 December 2024
Accounting Policies fcontlnuerfj
Depreclation
Depreciation is Calculated 50 as to write off the cosl or valuation of an asset, less its residual
value, over the useful economic lrfe of that asset as follows=
Propety Improvements
Over the remaining lease term
Office Equipment
25 % reducing balance
IT Equipment
20 10 reducing balance
Outdoor Equipmenl
1 S /D reducing balance
Freehold propety is not depreciated as the trustees consider that the property is maintained to
such a degree that any depreciation will be immaterial.
Impairnient of Fixed Assets
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 imPa￿red accordingly. Prior impairments are also reviewed for
possible reversal at each reporting date.
For the purposes of impaimient testing, when it is not possible lo estimate the recoverable
amount of an individual asset. an estimate is made of the recoverable amount of Ihe cash-
generating unil to which the asset belongs. The cash-generating unit is the srnallest identifiable
group of assets Ihal includes the asset and generates cash inflows that largely independent of
the cash inflows from olher assets or groups of assets.
For impairment testing of goodwill, the goodwill acquired in a business combination is. from the
acquisition date, allocated to each of the cash-generating unils that are expected to benefit from
the synergies of the combinalion, irrespective of whether other assets or liabilities of the charity
are assigned to those units.
Finan¢lal Instruments
The charity only has financial assets and liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at Iransaclion value and
subsequently measured at their setuement value.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
Accrued income and tax recoverable is included at the best estimate of the amounts receivable
at the balance sheet date.
Cash at Bank and in Hand
Cash al bank and cash in hand includes cash and short term highly liquid investments with a
short maturlty of three months or less from the date of acquisition or opening of the deposit or
similar a¢¢ount.
13-

Shotton Partnership 2000 Ltd
Notes to the Financtal Statements (cgntlnued)
Year Ended 31 December 2024
Accounting Pollcies (contlnued)
Credltors
Creditors are recognised where the charity has a presenl obligation resulting from a past event
that will probably result in the transfer of funds to a third paty and the amount due lo settle the
obligalion can be measured or estimated reliably. Creditors are normally recognised at their
settlement amount after allowing for any trade discounls due.
Taxation
The company is considered to pass the lests set out in Paragraph 1 Schedule 6 of the Finance
Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax
purposes. Accordingly, the company is potentially exempt from taxation in respect of income or
capital gains received within categories covered by Chapter 3 Part 11 of the Corporation 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 charilable purposes.
Llmited by Guarantee
The company is limited by guarantee. At 31 st December 2024 there were 7 members each of
whom had undertaken to contribute an amount not exceeding £1 in the event of a windin9 UP.
Donations and Legacies
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Donations
Donations
10,000
3,984
13,984
Grants
Durham County Council
County Durham Community Foundation
Building development grants
Virgin Money
Neighbourhood Grant
Ballinger Foundation
National Lottery Community Foundation - Awards For
5.450
7,720
5.250
43,245
39,423
18.500
5.450
7.720
5,250
43,245
39,423
18.500
8.212
22,000
26,590
2,000
3,333
185.707
8,212
22,000
26.590
2,000
4,082
196.456
Greggs Foundation
SIB- YIF
Barbaur
other grants
749
10.749
14-

Shotton Partnership 2000 Ltd
Notes to the Flnancial Statements fcontinuedj
Year Ended 31 December 2024
Donations and Legacles (¢ontinued)
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Donatlons
Donations
1,161
2,122
3,283
Grants
Shotlon Parish Council
Durham County Council
County Durham Community Foundation
Coalfields Regeneration trust
Virgin Money
National Lottery Community Fund- Cost of Living
Neighbourhood Grant
The Rank Foundation
Ballinger Foundation
National Lottery Community Foundation - Awards For
29,289
25,000
14.960
4,993
17,134
18,120
23.449
11,776
27,940
29,289
25,000
14.960
4,993
17,134
18,120
23.449
11,776
27,940
4.264
20,000
61,846
14.000
2.930
4.264
20,000
61,846
14,000
4.365
Greggs Foundation
SIB- YIF
Locality
Other grants
1,435
2,596
277.823
280,419
Charitablo A¢tivities
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Cafe sales
Group Savings
James Knott
Durham County Council- Cree
Room hire income
IT Centre
Other income from charitable activili8S
42,270
2.389
3.269
10,000
6,000
2.000
1,280
91,250
44,659
3,269
10,000
6,000
39.155
3,377
100.284
37.155
2,097
9,034
90.556
116,188
206,744
15.

Shotton Partnership 2000 Ltd
Notes to the Flnancial Statements (Gonlinuedj
Year Ended 31 December 2024
Charitable Activities {conllnu8d)
Unrestricted
Funds
Reslricled Total Funds
Funds
2023
Cafe sales
Group Savings
Durham County Council - Cree
Room hire income
IT Centre
Other income from charitable activities
22,139
15.781
4,202
6,000
37.920
4,202
6.000
18,591
8.872
5,783
81,368
18,591
5,312
(69)
45,973
3.560
5,852
35.395
Investment Income
Unreslricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Bank interest receivable
7,823
7,823
5,434
5,434
Expenditure on Charitable Activities by Fund Type
Unrestricted
Funds
Restricted Total Funds
Funds
2024
Costs of charitable activities
55,228
298,926
354,154
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Costs of charitable activities
59,352
114,739
174,091
Expendlture on Charltable Activities by Activity Type
Activities
undertaken Total funds
directly
2024
Total fund
2023
Costs of charitable activities
354.154
354,154
174,091
10. Other Expenditure
Unrestricted Total Funds Unrestricted Total Funds
Funds
2024
Funds
2023
Loss on disposal of tangible fixed
assets held for charity'5 own use
10,329
10.329
16-

Shotton Partnership 2000 Ltd
Notes to the Financial Statements (continuedj
Year Ended 31 December 2024
11. Net Income
Net income is slated after chargingl(crediting):
2024
2023
Depreciation of tangible fixed assets
Loss on disposal of tangible fixed assets
10,295
10,329
11,607
12. Independent Examination Fees
2024
2023
Fees payable to the independent examiner for-
Independent examination of the financial statements
800
996
13. Staff Costs and Emoluments
The total staff costs and employee benefits for the reporting period are analysed as follows:
2024
2023
Wages and salaries
147,731
91,904
The average head count of employees during the year was 8 {2023'. 81. The average number of
full-tiTne equivalent employees during the year is analysed as follows..
2024
2023
No.
No.
Number of project staff
No employee received employee benefits of more than £60.000 during the y&ar (2023: Nill-
14. Trustee Remuneratlon and Expenses
The charlty employed three trustee5 during the year as follows-.
Judi Brig9S Wlth a gross salary of £10.185 {2023 - £8.764).
Denise Brooks with a gross salary of £28.619 {2023 - £24.437).
Rona Hardy with a gross salary of £25,755 {2023- £14,961).
No trustee expenses have been incurred during the year12023 Nil).
15. Transfers Between Funds
During the year £46.168 was transferred from restricted lo unrestricted funds. £41,948 was
capital spend which has been transferred to Capital Funds.
The remaining £4.220 is
contributions to overheads by projects.
17-

Shotton Partnership 2000 Ltd
Notes to the Flnancial Statements (continued)
Year Ended 31 December 2024
16. Tangiblg Fixed Assets
Freehold
Properly
property Improvements
Offlce
Equipment IT Equipment
Outdoor
Equipment
Total
Cost
At 1 Jan 2024
Additions
Disposals
At 31 Dec 2024
30.000
117.674
41,948
41,940
40.250
59,022
288,886
41,948
(30,000)
300,834
{30,0001
159,622
41.940
40,250
59,022
Depreciation
At 1 Jan 2024
Charge for the
year
1,239
34,169
39,308
16,289
91,005
1,754
1,943
36,112
188
6,410
22,699
10,295
At 31 Dec 2024
2.993
39,496
101,300
Carrying amount
At 31 Dec 2024
156,629
116,435
5.828
754
36,323
42,733
199,534
197.881
At 31 Dec 2023
30,000
7.771
942
17. Debtors
2024
2023
Trade deblors
Prepayments and accrued income
2,434
7.858
555
2,434
8.413
18. Creditors: amounls falling due within one year
2024
2023
Trade creditors
Accrua15 and deferred income
Social security and other taxes
Other Creditors
1,301
700
80
1,015
3,096
147
660
1,442
2,249
18.

Shotton Partnership 2000 Ltd
Note5 to the Financial Staternents (continu8d)
Year Ended 31 December 2024
19. Analysis of Charltable Funds
Unrestricted funds
At
31 December
2024
At 1 January
2024
Income Expenditure
Transfers
General Funds
Capital fund
Building Development
Fund
Cafe
IT Centre
Project & Finance
Youlh Centre
89.062
197,881
45.466
122.875)
110,2951
34,220
11,948
145.873
199.534
47,000
30,368
(7,883)
47,000
39,122
{4,018)
4,774
13,882
33,477
5,325
4.111
20.749
{24,7231
(1,4601
663
16.867)
(65,5571
356,428
109,128
46,168
446,167
At
31 December
2023
At 1 January
2023
Income Expenditure
Transfers
General Funds
Capital fund
Building Development
Fund
Cafe
IT Centre
56,865
97,530
28,875
118,9921
(11,607)
22,314
111,958
89.062
197,881
47.000
21.299
(6,7961
215.898
47,000
30.368
(7,883)
356,428
19,819
5,309
(21,999)
{6,754)
(59.3521
11,249
358
54.003
145,879
Restrlcted funds
At
31 Decomber
2024
Al 1 January
2024
Income Expenditure
Transfers
Building Development
fund
County Durham
Comrnunity Foundation
IESF3)
Neighbourhood Grant
National Lottery
Community Funij
Group Savings Fund
UK Online
Virgin Money
Youth
Coalfields Regeneration
Trust
County Durham
Community Foundation
DCC Cree
82.800
12,134
(10.5631
{41,948)
42,423
2,020
3.246
12,020)
39.927
(38.0981
5,075
12,402
20,286
7,036
14.513
2,250
8.212
3,569
1,280
43.245
(13,211)
(12.7691
{1.7761
(22.044)
7,403
11,086
6,540
35.714
2,250
4,101
13,4451
656
9,961
3.506
9,961
4,094
6.000
15,4121
19

Shotton Partnership 2000 Ltd
Notes to the Financlal Statements (continued)
Year Ended 31 December 2024
19. Analysis of Charitable Funds fcontlnuedj
CO-OP
Services for others
Youth AAP
SIB- YIF
Locality
Greggs Foundation
Ballinger Foundation
Counly DuTham
Community Foundation-
Sustainability
Barbour CT
Believe Housing
DCC Projects
James Knott Trust
4.071
1.160
2,200
{2321
15581
3,839
602
(2,200)
118.525
{127,956)
{5,1441
{24.177)
120,9801
(9,431)
9,069
16.969
13,892
14,213
19,146
16,372
22,000
18,500
465
7,720
2,000
3,333
5.450
10,000
301.895
110,428)
{2,000)
11331
{2,243)
3,200
5,450
10.000
219.748
(298,926}
(46,168)
176,549
At
31 December
2023
At 1 January
2023
Income Expenditure
Transfers
Building Development
fund
County Durham
Community Foundation
{ESF31
Neighbourhood Grant
National Lottery
Community Fund
East Durham
Community Trust
Group Savings Fund
UK Online
Virgin Money
Youth
Coalfields Regeneration
Trust
County Durham
Community Foundation
DCC Cree
Co-op
Services for others
The Rank Foundalion
Youth AAP
73,850
69,411
(4,6331
(55.8281
82.800
5.385
3,905
12.325)
(14,9461
(1.0401
(9,162)
2,020
3,246
23,449
18,120
15,7181
12,402
900
21.706
5.766
21,105
2,250
2,000
5.202
4,200
17,134
{2.900}
12.925)
{2.9301
{23,726)
(3,697)
20,286
7,036
14.513
2,250
1,741
4.993
12,033}
(6001
4,101
20,373
2,799
4,008
1,160
1,000
6,000
2.290
{5,6841
(5,293)
1811)
(5,728)
9.961
3.506
4,071
1,160
(1,416)
11,776
{8.792)
(2,984)
2,200
2,200
-20-

Shotton Partnership 2000 Ltd
Notes to the Flnancial Statements (continued)
Year Ended 31 December 2024
19. Analysis of Charltable Funds (conflnued)
SIB-YIF
Locality
Greggs Foundalion
Ballinger Foundation
National Lottery
Community Fund -
Awards For Al
County Durham
Comrnunity Foundation -
Sustainability
67,479
18,000
20.000
27,940
15,655)
(3,7871
{854}
(9.068)
(61,8241
14,213
19,146
16,372
(2.500)
4.264
{3,164)
(1,100)
9,960
(9,495)
(114.739) (145.8791
465
167,148
313,218
219,748
20. Analysis of Not Assets Between Funds
Unrestricted
Funds
Restricled Total Funds
Funds
2024
Tangible fixed assets
Current Assets
Creditors less than l year
Net assets
199,534
249,729
{3.0961
446.167
199,534
426.278
(3.096)
622,716
176.549
176.549
Unrestricted
Funds
Restricted Total Funds
Funds
2023
Tangible fixed assets
Current Assets
Creditors less than l year
Net assels
197.881
160,796
{2.249)
356,428
197,881
380,544
(2.249)
576.176
219,748
219.748
-21

Shotton Partnership 2000 Ltd
Management Information
Year Ended 31 December 2024
The Following Pages Do Not Form Part of the Financial Statements.
-22-

Shotton Partnership 2000 Ltd
Detailed Statement of Financial A¢tlvities
Year Ended 31 December 2024
2024
2023
Income and endowments
Donations and legacies
Donations
Shotton Parish Council
Durham County Council
County Durham Community Foundation
Coalfields Regeneration trust
Building development grants
Virgin Money
National Lottery Community Fund - Cost of Living
Neighbourhood Grant
The Rank Foundation
Ballinger Foundation
National Lottery Communily Foundation - Awards For All
Greggs Foundation
SIB- YIF
Locality
Barbour
Other grants
13,984
3,283
29,289
25,000
14,960
4,993
5,450
7,720
5,250
43,245
17,134
18,120
23,449
11,776
27.940
4,264
20,000
61,846
14.000
39,423
18,500
8,212
22.000
26,590
2,000
4,082
4,365
280,419
196,456
Charitable activities
Cafe sales
Group Savings
James Knott
Durham County Council- Cree
Room hire income
IT Centre
Other income from charllable activities
44,659
3,269
10,000
6,000
39.155
3,377
100,284
206,744
37.920
4,202
6.000
18.591
8,872
5,783
81,368
Investment incomo
Bank interest receivable
7,823
5,434
Total Income
411.023
367.221
-23-

Shotton Partnership 2000 Ltd
Detalled Statement of Financial Activities (Gonlinuedj
Year Ended 31 De¢ember 2024
2024
2023
Expenditure
Expenditure on charitable actlvlties
Wages
Rent and room hire
Rates & water
Llght & heat
Repairs. maintenance and other premlses costs
Insurance
Equipment purchases
Travel, training and volunteer cosls
147,731
12,587
2,708
9,491
17,146
2,277
7.458
3,725
91,904
1,997
8,876
11.981
1,225
2,847
955
F li
Accountancy and professional fees
Telephone & internel
other office costs
Depreciation
Beneficiary training
Other costs
Project costs
Food purchases
3,455
4,667
7.186
10,295
472
5,064
97.517
22.375
1.238
1,268
930
11,607
2,711
3,535
22,463
10,554
354.154
174,091
Other expenditure
Loss on disposal of tangible fixed assets held for charity's own use
10,329
Total expenditure
364,483
174.091
Net income
46,540
193.130
-24-