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