2022-03-31-accounts

			Page
Report ofthe Trustees		1	to	4
Independent Examiner's	Report
Statement ofFinancial Activities
Balance Sheet
Notes to the Financial Statements		8	to	16

						2022	2021
						Unrestricted	Total
						funds	funds
					Notes	f	F
INCOME AND ENDOWMENTS				FROM
Donations	and legacies					75,000	100,181
Charitable	activities
Partnership	Foundation		Fund			1,000	2,000
Investment	income					5,878	5,669
Total						81,878	107,850
EXPENDITURE ON
Raising funds						4,333	5,616
Charitable	activities
Partnership	Foundation		Fund			55,545	35,160
Other						6,691	6,280
Total						66,569	47,056
NET INCOME						15,309	60,794
RECONCILIATION		OF	FUNDS
Total funds	brought	forward				316,057	255,263
TOTAL FUNDS CARRIED FORWARD						331,366	316,057

THE	PARTNERSHIP FOUNDATION
	BALANCE SHEET
	31 MARCH 2022
		2022	2021
		Total	Total
		funds	funds
	Notes	6	5
FIXEDASSETS
Social investments	13	100,000	100,000
CURRENT ASSETS
Debtors	14	75,272	106,034
Cash at bank		159,029	113,143
		234,301	219,177
CREDITORS
Amounts falling due within one year	15	(2,935)	(3,120)
NET CURRENT ASSETS		231,366	216,057
TOTAL ASSETSLESSCURRENT
LIABILITIES		331,366	316,057
NETASSETS		331,366	316,057
FUNDS	16
Unrestricted funds		331,366	316,057
TOTAL FUNDS		331,366	316,057

DONATIONS AND LEGACIES
	2022	2021
	E	F
Donations	75,000	100,181
INVESTMENT INCOME
	2022	2021
	E	F
Rents received	5,789	5,616
Deposit account interest	89	53
	5,878	5,669

All investment	income is	derived	from assets held in	from assets held in	the United Kingdom.
INCOME FROM CHARITABLE			ACTIVITIES
		Activity				2022 f	2021
Hope into action		Partnership		Foundation	Fund	1,000	2,000
RAISING FUNDS
Other trading	activities
						2022	2021
						F	6
Rent						4,333	5,616

					Grant
					funding	of
					activities
					(see note
					7)
					F
	Partnership	Foundation	Fund		55,545
7.	GRANTS	PAYABLE
				2022	2021
				F
	Partnership	Foundation	Fund	55,545	35,160

GRANTS PAYABLE	GRANTS PAYABLE		- continued	- continued
The total grants paid			to institutions during		the year was as follows:
						2022	2021
							8
Aspex						10,000
Spirit ofsport							500
Lily & Lime						500
EC Roberts Centre						2,750	2,347
PccCollection							500
Makers Guild						500
Marvels and meltdowns						500	500
Two Saints						1,957	1,500
Salvation army						6,350
Portsmouth food bank							500
The Portsmouth Film			Society				500
Boogiemites						950	500
Dadzclub						500
Company of Makers							500
Home-start Hampshire							500
Peak Performance	Sports						500
Creative Transitions		Schools Project					500
MOPP							5,000
Enable Activity							500
Adult Breakfast Club							500
Beacon Support							500
Gardening Project-	Brockhurst Baptist Church					500	500
Caring Hands Food	Bank						500
Comfort and Joy Vouchers						500	500
The Hive						20,000	8,113
Wecock Farm						(500)	500
Firstlight Trust							500
Portsmouth Heroes							500
Co-operative Food						5,000	6,600
Age Concern - Gosport Hospital						924	800
Operation Help The	Homeless						1,000
Easter Egg Project -		Portsmouth		Churches			300
Portsmouth Northsea			Swimming	Club		500
Friends ofWalpole	Park					130
The Genesis Centre						500
Y Music						484
Anchorage Park Basketball						500
Orchard Park Regeneration						500
Sparks Community	Space Cuppa 8 Cake					500
Golden Gloves Boxing						500
Dinky Tinkers						500
Peter J Coding						500
Havelock Community			Centre			500
						55,545	35,160

SUPPORT C	OSTS
					Governance
			Management	Finance	costs	Totals
			E		8	F
Other resources expended			3,421	61	3,209	6,691
Support costs, included		in the above,	are as follows:
Management
					2022	2021
					Other
					resources	Total
					expended	activities
					8	E
Administration					3,421	3,250
Finance
					2022	2021
					Other
					resources	Total
					expended	activities f
Bank charges					61	72
Governance	costs
					2022	2021
					Other
					resources	Total
					expended	activities
						F
Insurance					394	308
Accountancy	and legal	fees			2,815	2,650
					3,209	2,958

10.	STAFF COSTS
	The average monthly	number of		employees		during the year was as follows:
							2022	2021
	Support staff						1	1
	No employees received		emoluments		in excess ofE60,000.
11.	COMPARATIVES FOR THE STATEMENT					OF FINANCIAL ACTIVITIES
								Unrestdcted
								funds
								F
	INCOME AND ENDOWMENTS			FROM
	Donations and legacies							100,181
	Charitable activities
	Partnership Foundation		Fund					2,000
	Investment income							5,669
	Total							107,850
	EXPENDITURE ON
	Raising funds							5,616
	Charitable activities
	Partnership Foundation		Fund					35,160
	Other							6,280
	Total							47,056
	NET INCOME							60,794
	RECONCILIATION OF		FUNDS
	Total funds brought forward							255,263
	TOTAL FUNDS CARRIED FORWARD							316,057

12.	TANGIBLE FIXEDAS	SE	TS
						Office
						equipment f
	COST
	At 1 April 2021 and 31	March 2022				4,358
	DEPRECIATION
	At 1 April 2021 and 31	March 2022				4,358
	NET BOOK VALUE
	At 31 March 2022
	At 31 March 2021
13.	SOCIAL INVESTMENTS
						Other
						investments
						F
	MARKET VALUE
	At 1 April 2021 and 31	March 2022				100,000
	NET BOOK VALUE
	At 31 March 2022					100,000
	At 31 March 2021					100,000
14.	DEBTORS:AMOUNTS	FALLING DUE WITHIN ONE YEAR
				2022		2021
				f		F
	Trade debtors					4,776
	Other debtors			75,000		101,000
	Prepayments				272	258
				75,272		106,034
15.	CREDITORS: AMOUNTS		FALLING DUE WITHIN ONE YEAR
				2022 F		2021 f
	Trade creditors			1,375		560
	Accrued expenses			1,560		2,560
				2,935		3,120

MOVEI	IIENT		IN FUNDS
											Net
											movement	At
										At 1.4.21	in funds	31.3.22
										6	6
Unrestricted			funds
General	fund									316,057	15,309	331,366
TOTAL	FUNDS									316,057	15,309	331,366
Net movement			in funds,	included			in	the above	are as follows:
										Incoming	Resources	Movement
										resources f	expended F	in funds E
Unrestricted			funds
General	fund									81,878	(66,569)	15,309
TOTAL	FUNDS									81,878	(66,569)	15,309
Comparatives			for movement			in	funds
											Net
											movement	At
										At 1.4.20	in funds	31.3.21
										F	6	F
Unrestricted			funds
General	fund									255,263	60,794	316,057
TOTAL	FUNDS									255,263	60,794	316,057
Comparative		net movement			in	funds,		included	in the above are	as follows:
										Incoming	Resources	Movement
										resources 6	expended f	in funds F
Unrestricted			funds
General	fund									107,850	(47,056)	60,794
TOTAL	FUNDS									107,850	(47,056)	60,794

			2022	2021
			E	E
Donation			75,000	100,181
Debtor/(creditor)	at balance	sheet date	75,000	100,000
Rent charged			4,333	4,776
ULTIMATE CONTROLLING		PARTY