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2022-03-31-accounts

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR THE BESTWOOD PARTNERSHIP

(A PRIVATE COMPANY LIMITED BY GUARANTEE WITH NO SHARE CAPITAL)

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y CHARITY NO: 1127367 a COMPANY NO: 04882639

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Independent Examiner:

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SEAGRAVE FRENCH
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BUSIMESS ADVISERS ACCOUNTANTS

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THE BESTWOOD PARTNERSHIP (Company Number 04882639)

CONTENTS OF THE FINANCIAL STATEMENTS

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. Legal and Administrative Details 1 > Directors’ Annual Report 2 5 Report of the Independent Examiner 6 / Statement of Financial Activities 7 } Balance Sheet 8 >) Notes to the Financial Statements 9

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THE BESTWOOD PARTNERSHIP (Company Number 04882639)

LEGAL AND ADMINISTRATIVE DETAILS

Current Trustees: Christopher Hooper (Chair) Dennis Lovett (resigned 24 April 2022) Christopher Easton (resigned 21 February 2022) Brian Grocock (Secretary) Kim Preston Pavier (Treasurer) Roy William Smith Alison Oldham (resigned 21 February 2022) Jennifer Verhaeghe Teresa Kelly Georgia Emily Power oo 5 David Mulligan (appointed 21 February 2022)

sb «Chief Executive Officer: Donna Denning (Partnership Co-ordinator)

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THE BESTWOOD PARTNERSHIP (Company Number 04882639)

DIRECTORS’ ANNUAL REPORT

The directors — who are the charity trustees for the purpose of the Charities Act 2011, (and are collectively referred to as The Bestwood Partnership Forum), submit their annual report and financial statements for the year ended 31 March 2022 The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements.

. STRUCTURE, GOVERNANCE AND MANAGEMENT The Charity is registered under the Charities Act 2011 and incorporated under the Companies Act 2006 and is governed by its Memorandum and Articles of Association, dated 1 September 2003. The Board of Directors has the power to appoint additional directors and trustees as it considers fit to do so.

For further information about our.activities please visit our website at www.bestwood.org.uk

THE BESTWOOD PARTNERSHIP AS AN ORGANISATION

The Bestwood Partnership Conference meets at least once a year, between October and March. This is . the Annual General Meeting ‘for legal:purposes and is when elections take place and statutory reports: | submitted: This is also a key Partnérship meeting for organisations associated with the Bestwood Partnership, Major decisions about the direction‘of the Partnership may be made. All residents ofBestwood Estate over 18 automatically have a right to membership and stand for election and take part in elections to Bestwood Partnership Forum, which is the éyeryday decision-making body of the Partnership, normally . meets bi-monthly. The members are the Directors of the Company and nominated as the Trustees of the Charity. Numbers are made up through co-option. The Chair, Treasurer and Company Secretary and other honorary officers are elected by the Forum out of its number.

Sub-Committees and Partners’ meetings are convened as required by Bestwood Partnership Forum, these vary in number, worker and resident membership and representation from the City Council and other agencies. The Forum may also, from time to time, on an ad hoc basis, set up additional working groups. These do not have decision-making powers (unless expressly delegated by the Forum) but exist to oversee the various projects and activities associated with the Partnership. The Forum is also represented on many other groups and organisations City-wide and in the local area.

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THE BESTWOOD PARTNERSHIP (Company Number 04882639)

DIRECTOR’S ANNUAL REPORT CONTINUED

Workers of the Partnership are primarily (and currently exclusively) those directly employed, and project volunteers, but also have been at times workers employed by other organisations who by agreement work with the Partnership. The lead officer is currently the Partnership Co-ordinator, who currently line manages the team, and to whom authority is delegated at the discretion of the Forum.

There are a number of ways for people in the area to take part in the work of the Partnership:

Firstly, as a resident, being a member of the Partnership as a whole. This gives you rights to elect Forum members and participate in major decisions at Conferences.

Secondly, as a Director, by standing for election to become a Forum Member at a Conference (also a Charity Trustee) This makes. you.a key decision-maker over our activity on a day-to-day basis. An . alternative is to be a member co-opted by the Forum as a whole because of particular expertise (especially ~’ from the public:or private sector) or as. an:additional resident member. The last category exists in ordet:to:!) balance under-representation in membership ofthe Forum. This may be geographical, or by gender, ethnic background or other consideration in line with our Equal Opportunities policy.

/ J... Thirdly, as a Working Group member..-The sub-groups and working groups of the Forum as they arise \"|:° are open'to.and: welcome additional: members, ‘developing and guiding the projects which we run to'the ., | benefit of people’on the Estateand surrounding area., suitable for people with specific areas of interest. . - Fourthly, as a Volunteer, ‘contributing your time to particular project activity. This is hands-on, and Salk practical, and is central to the effective running of the projects. New volunteers are always needed..') = -:.|

-..-:.. Finally,.as an Employee, From-timéto time job opportunities arise within the organisation. Residents of ~.| ~ the area are particularly welcome as applicants, and many have to date been successful in obtaining paid work within our projects ot othér:ptojects'associated with us. The majority of the Partnership’s employees . have always been local residents, which is in line with the ethos of the organisation. | -| ACHIEVEMENTS AND PERFORMANCE: AND PERFORMANCE: PERFORMANCE: Summary of key project activity 2021-22. of key project activity 2021-22. key project activity 2021-22. project activity 2021-22. activity 2021-22. 2021-22. ers

-| ACHIEVEMENTS AND PERFORMANCE: AND PERFORMANCE: PERFORMANCE: Summary of key project activity 2021-22. of key project activity 2021-22. key project activity 2021-22. project activity 2021-22. activity 2021-22. 2021-22. ers ‘{) The year 2021-22 has been:successful; atthe same time as considerable changes in project activity and responsibilities. The changés to the Nottingham City ward structure meant adapting to a new scheme of things, which we have succeeded in doing without compromising our service to local citizens. A major in , the mix is our having gairied anew responsibility as Area One Lead organisation for the city and the changes... » | © to the employability support projects continues to have a major impact.

  1. Area-Based Grant — Area One Lead. Thisand activity, funded by Nottingham City Council, covers Bestwood, Bulwell and Bulwell Forest wards. has a number of constituent elements, partnership development and co-ordination, support to jobseekers and provision of educational opportunities, activities for and outreach to young people, and groups operating in the area. The Bestwood Partnership is Area Lead Organisation for this activity, and Bulwell Toy Library is a key partner working alongside us. A wide number of partners have delivered this project with us in the first of a three-year project and a high percentage of the funding is used to support these partners in their project delivery. This project funding ties in closely with the Nottingham Works activity.

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3._ Step into Work —Employability Support — Nottingham Works 4 You This project, funded by Nottingham City Council (Nottingham Works) with remaining ESF funding, consistsof a caseload of residents who seek education and/or employment. 4. Pathways to Health and Social Care - Employability support project. ; , This replaces the Getahead project, again partly funded through the European Social Fund, operated alongside Step into Work and ended in December 2019. It is at an early stage of development and is |. incorporated as one fund for this financial year, with fund 3. | 5. Area-Based Grant — Area Two Lead. oe eee This activity came to an end in March 2019-and is effectively replaced by projects 1 & 2. Itis thereforeno |. _ longer shown in the Accounts. i | ; fees > «6. Local Empowerment Empowerment - Core infrastructure Core infrastructure infrastructure funding. | This is our central, our central, central, default fund'to underpin;our running costs, and and it also covers also covers covers additional community and community and and j. . - | group development work in Bestwood and sutrounding area and is subsidised through our income fromthe development work in Bestwood and sutrounding area and is subsidised through our income fromthe work in Bestwood and sutrounding area and is subsidised through our income fromthe in Bestwood and sutrounding area and is subsidised through our income fromthe Bestwood and sutrounding area and is subsidised through our income fromthe sutrounding area and is subsidised through our income fromthe area and is subsidised through our income fromthe and is subsidised through our income fromthe is subsidised through our income fromthe subsidised through our income fromthe through our income fromthe our income fromthe income fromthe . | local Business, Business, Units receivéd ‘as an ongoing ‘grant from Nottingham an ongoing ‘grant from Nottingham ongoing ‘grant from Nottingham ‘grant from Nottingham from Nottingham Nottingham City Council. We have continued have continued continued to 9) 3! support One Vision Partnership management committee. We continue to deliver LT. and associated , | trainingat Southglade Access Centre,at Southglade Access Centre, Southglade Access Centre, Access Centre, Centre, into which which the Partnership Partnership invested commitment and funding from commitment and funding from and funding from funding from from the outset outset as an Adult Education Centre. an Adult Education Centre. Adult Education Centre. Centre. | me 7 7. Bestwood Estate Community Centre. This fund includes the running costs and ‘income to the Community Centre, which is our base but still : continuing to operate as the main venue for Bestwood Estate. Nursery provision and group activities take place in the Centre, and so we continue a long history of provision in the local area. | 8. Bulwell and Bulwell Forest Fund. . f- | This fund will provide for activity in the Bulwell and Bulwell Forest wards through Vision Business Units income (granted by Nottingham City Council) which now operates as a distinct fund involving local people . in the choice of activities to be identified for support, in association with One Vision Partnership. i 9, Holiday Activity Fund : This is a new Nottingham City Council-funded project, running until November 2023. Our staff team for the whole financial year 2021-22 consisted of Donna Denning (Partnership Co| ordinator), Michelle Cooke (Community Engagement & Employment Advisor), Nicola O’Connor (Employment Advisor), Charlie Wayman (Employment Advisor) Kelly Murphy (Employment Advisor from 1° August 2021) and Liz Potterton (Office Cleaner). INDEPENDENT EXAMINERS We will be asking Seagrave French LLP to examine our accounts next year, subject to approval at the next Bestwood Partnership Conference. :

THE BESTWOOD PARTNERSHIP (Company Number 04882639)

DIRECTOR’S ANNUAL REPORT CONTINUED

  1. Area-Based Grant — Delivery in Area Two, Basford ward. This activity, funded by Nottingham City Council through Castle Cavendish as Area Lead Organisation, is the Bestwood Partnership's delivery of employability support in the Basford ward.

| ; oT > «6. Local Empowerment Empowerment - Core infrastructure Core infrastructure infrastructure funding. | This is our central, our central, central, default fund'to underpin;our running costs, and and it also covers also covers covers additional community and community and and ~..-|. group development work in Bestwood and sutrounding area and is subsidised through our income fromthe development work in Bestwood and sutrounding area and is subsidised through our income fromthe work in Bestwood and sutrounding area and is subsidised through our income fromthe in Bestwood and sutrounding area and is subsidised through our income fromthe Bestwood and sutrounding area and is subsidised through our income fromthe sutrounding area and is subsidised through our income fromthe area and is subsidised through our income fromthe and is subsidised through our income fromthe is subsidised through our income fromthe subsidised through our income fromthe through our income fromthe our income fromthe income fromthe local Business, Business, Units receivéd ‘as an ongoing ‘grant from Nottingham an ongoing ‘grant from Nottingham ongoing ‘grant from Nottingham ‘grant from Nottingham from Nottingham Nottingham City Council. We have continued have continued continued to support One Vision Partnership management committee. We continue to deliver LT. and associated trainingat Southglade Access Centre,at Southglade Access Centre, Southglade Access Centre, Access Centre, Centre, into which which the Partnership Partnership invested commitment and funding from commitment and funding from and funding from funding from from the outset outset as an Adult Education Centre. an Adult Education Centre. Adult Education Centre. Centre.

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THE BESTWOOD PARTNERSHIP (Company Number 04882639)

DIRECTOR’S ANNUAL REPORT CONTINUED

RESERVES POLICY

It is the Policy ofthe Bestwood Partnership to hold in reserve funds to sustain the Partnership and its activity in the event of a temporary or permanent loss of external funding or sufficient income to perpetuate some or all of its projects. A designated reserve figure will be sustained where possible. Indicative designations for the reserve fund are as follows:

-.. Payment of costs for.a three-month period, and additional payments under contract.

... |. “Payment of statutory redundancy & obligatory employment costs. 20,000 oa. . Payment of discretionary redundancy and compensation payments. 40,000 - «|, Minimum running costs (non-staffing) for a three-month period 20,000 oe -Staff costs for aperiod of three months, as redeployment period 40,000 Payment of additional contractual payments 10,000 “|. Designated (minimum) reserve) 130,000 Use of reserves:above this level will-beregarded as free reserves to be used at the Forum’s discretion, with priority to the following: lj |. ott, Staffing and running costs running costs costs for core management core management management and activity for one one year. oo) .=, | Additional Additional staffingand

lj |. ott, Staffing and running costs running costs costs for core management core management management and activity for one one year. oo) .=, | Additional Additional staffingand activity-as:the fund may allow, primarily for forward planning in individual 'y Po !--projects and delivery of key activity identified by the Forum. Total (optimal) reserve « 240,000 _.. |. Ifreserves exceed the optimal reserve funds néed to be put to immediate use for capital, staffing or activity purposes, tothe current or following two budget years, as determined by the Forum. ....:}"> The Reserves Policy and-its allocations ate subject to annual review. Figures here as revised in 2021.

PUBLIC BENEFIT STATEMENT , ». -}-..The Trustees confirm that.they:complied:with their duty to have due regard to the guidance on public benefit .'.. published by the Commission in exercising their powers or duties.

FINANCIAL OVERVIEW

The directors are pleased with the financial situation for 2021-22. The opportunities taken last year to ... Teorganize and consolidate with a view to immediate financial security and improve the prospects forlonger +i). -term_sustainabilityof has paid off, and work'in the previous year to optimise our funding strategy inadvance 2021-22 has ensured an extraordinarily successful outcome. During the year Employability activity increased, and our Area Lead role has had an excellent year. And it has also been enhanced. The Covid crisis was managed well by the staff team, and despite difficulties in finalising payments in respect of the business units (Glade and Firth Way) we remain in a strong position to carry on effectively in the current and following years.

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Chris Hooper
Chair Date:
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INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF

THE BESTWOOD PARTNERSHIP (Company Number 04882639)

I report on the accounts of the charity for the year ended 31 March 2022 as set out on pages 7 to 13.

Respective responsibilities of trustees and examiner

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The trustees (who are also the directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the-2011 Act), and that an independent examination is needed.

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Having satisfied myself that the charity is not subject to an audit under company law and is eligible for independent examination, it is my responsibility to: ‘

3 @ 8 examine the accounts under section 145 of the 2011 Act; | sh ce... state whether particular particular matters have come to my my attention. “ 7 Basis of independent examiner's statement independent examiner's statement examiner's statement statement ne

{+> ce... state whether particular particular matters have come to my my attention. “

Basis of independent examiner's statement independent examiner's statement examiner's statement statement ne ' |. “My examination was carried out in accordance with general Directions given by the Charity Commission. =| _|->-An examination:includes a review.of the accounting records kept by the charity and a comparison of the |. ; i accounts presented with those records:’ It also includes consideration of any unusual items or disclosures ~ | ‘| >: in the accounts and'seeking explanations from you as trustees concerning any such matters. The procedures « wo undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion” --|:+ is given-as to whether the accounts presenta “true and fair view”, and the report is limited to those matters : set out in the statement below. 7 -

Independent examiner's statement

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Inthe course of my examination, no matter has come to my attention:

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have not been met; or

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2 to-which, in my opinion, attention should be drawn in order to enable a proper understanding of the
acc huis to be reached.
—h
Jason Seagtave ACCA
Seagrave French LLP, 1 Poplars Court, Lenton Lane, Nottingham, NG7 2RR Date: [SGlak7 uw
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THE BESTWOOD PARTNERSHIP (Company Number 04882639)

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 x6 EER AL OUI ELIES FOR LAE YEAR ENDED 31 MARCH 2022 CORPORATING AN INCOME & EXPENDITURE ACCO

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Notes|FundsDesignated2022|Total2022|Total2021| |£|£|£| |Incoming|Resources| |Incoming resources from generated|a| |funds:| |Activities|for generating|funds|.| |‘Room|hire|and rent:|Diite|18319|18319|11192...|-.|+}.|°| |Investment|income| |bmn|fet| |Written|back|0|0| |Incoming resources from charitable|.|yo| |activities|nee|en|356668|356668|398072|~|ae| |Total incoming resources|AUD|Ted|374987|374987|409264||}|.| |Resources|Expended|an|os|oo| |Charitable|activities|.|woe?|356129|356129|277279||| |Governance|costs|||°|300|1440|1440|1440|on| |Total resources expended|ee|457569|357569|218719|:| |Net incoming/(outgoing)|resources|SS|17418|17418|130545|:| |before|other|recognised|gains/(losses)|bas| |Other recognised|gains/(losses):|re| |Realised gains/(losses)|0|0|0||| |Net income/(expenditure)|forthe year|11:|17418|17418|130545...|.| |Unrealised gains on investment|assets|-|-|_-|fo,| |Net movement|in Funds|17418|17418|130545|;| |Reconciliation|of Funds:|on|:| |TotalTotal Funds Funds brought forwardcarried forward|423640406222|423640406222|406222275677.|.|||

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£4062220 0} forthe year year | Se

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

BALANCE SHEET AS AT 31 MARCH 2022

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Note 2022 2021
£ £
Fixed Assets
Tangible assets 4 - -
Current Assets
Debtors 5 74400 74400
Cash and bank 366955 343817
oe Cd 441355 418217
Creditors: amounts due within one year. 6 17715 11995
Net current assets’: Rae) 423640 406222, |
Net Assets moe rel 423640 406222
Income Funds -
Designated funds “? ). paren 7,8 423640 406222 «bo
TotalFunds ue £423640 £4062220 0}
The compaiy is entitled to exemption from: audit under section 477 of the Companies Act 2006 forthe year year |
ended 31 March 2022. Se
ae The members have not required the company to obtain an audit of its accounts for the year ended 31 March
....| . -.2022 in accordance with section 476 of the Companies Act 2006.
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The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

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These financial statements were approved by the Board of Directors on ;
and signed on its behalf by:
“ dha | | ..- Director bees kg 1Rage ... « Director
Chris Hooper Kim Pavier
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| THE BESTWOOD PARTNERSHIP (Company Number 4882639) NOTES TO THE ACCOUNTS 1. Accounting Policies Basis of Preparation | The financial statements have been prepared under the historical cost convention and in accordance with the provisions of Section 1A “Small Entities” of Financial Reporting Standard 102 “The theFinancial Reporting Standard applicablein the UK and Republic of Ireland”, the Charities Act 201 1, by Charities”Companies(FRS Act 21 0 2).06 and the Statement of Recommended Practice: “Accounting and Reporting aesO The charity has availed itself of Paragraph 4 (1) of Schedule 1 of the Small Companies and Groups 4 (Accounts and Directors’ Report) Regulations 2008 and adapted the Companies Act formats to -‘ er ae reflect the special nature of the charity’s activities. 2 ie }oc oo. sa) Allseryice:level agreements and other income are accounted for gross when receivable, as long : rps as they are capable of financial measurement. This includes gifts in kind, included at estimated ‘ pore} "+ cb). TAMvaluation.expenditure is accounted for gross, and when incurred.. 7. yo" ..€). Resources expended includes the-direct costs of the activities and depreciation on related assets: .' |. ! wonips. coc: ots. Fixed assets are included at cost.or valuation: there are no material uncapitalised fixed assets; 1; s- o's, hsof. od)», Depreciation is providedto:write off the cost or valuation, less estimated residual values, ofall, '') 5-0. ns fixed assets, overtheir expected useful lives. It is calculated at the following rates: Soles mae oo sent e) Fixtures & Fittings 33% oncost ee ey Designated funds ate amounts which have been set aside at the discretion of the trustees for a’ foo . specific, but not legally binding, purpose. . ol, | os~ f) Rentals applicable to: operating: ledses where substantially all of the benefits and risksof “"|os ownership remain with the lessor are charged against resources expended as incurred. ot fe - g) The company provides -a defined: benefit pension scheme for its employees by way of > ~ ~ Se}. participating in the Local Government Pension Scheme (previously, Nottinghamshire County. | / ~ foo, _ Council). However, as'this is ‘a multi-employer scheme, the company is unable to identify its | f "> cr. share of the-underlying assets and liabilities in the scheme on a consistent and reasonable basis.’ |” The company has therefore accounted for the scheme as if it were a defined contribution ~|' scheme. | . 2. Incoming Resources from charitable activities 2022 2021 | Nottingham City Council : « 335568 370248 | Castle Cavendish (Nottingham City Council funding) 21100 27824 Total ! Service Level Agreements, grants & donations 336668 398072 | f Page 9

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

NOTES TO THE ACCOUNTS CONTINUED

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3. Analysis ofTotalResources Expended Analysis ofTotalResources Expended Analysis ofTotalResources Expended
2022 2022 2021 2021
£ £ £ £
Charitable Activities ;
Staffcosts (note 10.)
Establishment expenses		 159906
6133		 132724
6149		 Co
Loe Management& administration
Grantsto groups /activities
Load		 35785
154305		 356129 12594
125812		 277279 - .
Governance costs ee rare
‘Independent examiner’s fee 1440 1440.
-’ TotalResourcesExpended »: - 357569 278719.
4. Tangible Fixed Assets re ee
ta
ye		 Fixtures&
eli a Fittings
Cost orvaluation: oO
As at 1 April2027.’
Additions
8		 . 47857
0		 :
ea
As at31 March:2022 £47857 re
Accumulated depreciation:
Asat 1 April2021.
Charge foryear
:		 47857
0		 rs
5		 ey
As at 31 March 2022 £47857
Netbookvalue at 31 March
2022
7
.		 £ od ee
Netbook value at 31 March
2021 f=

Uncapitalised Fixed Assets have been written off to the Income and Expenditure Account in previous years, and are made up of office fixtures and fittings with a negligible current net book value.

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

NOTES TO THE ACCOUNTS CONTINUED

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5, Debtors
2022 2021
£ £
Due within one year:
Other Debtors - -
Prepayments and accrued income 74400 74400
ep 8 Be Creditors: Amounts Falling Due Within One Year
ted 2022 2021
Deferred income - -
’~ Accruals ps 17715 11995
7. Outline Summary of Fund Movements
Sot Opening. . Incoming Outgoing Gains Closing
ee “ Balance’... Resources resources & Balance
Pade losses
: £ | £ £ £ £
. * Designated 406222 » 374987 (357569) 423640
Funds
; =
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~.. | All funds are Designated Funds, for 2021-22 single funds, with the exception of fund 4 which is -- incorporated into 3 as a single Employability fund. They are as follows (corresponding to the “|: projects and activities outlined in the Directors' Report):

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1, Area One Lead (Bestwood, Bulwell and Bulwell Forest wards) 2 Area-Based Grant (Basford ward) Funds.1 and 2 constitute project activity from Nottingham City Council's local area funding, with a particular emphasis on provision for young people. They supersede Fund 5 (now inactive) 3 Employability Support Funds 3 (ongoing) and 4 (incorporated) constitute activity relating to education and employability support and the recent Pathways project for local individual residents who experience disadvantage in various ways. These continue to be part-funded by the European Union through ESF — European Social Fund. 6 Local Empowerment Fund 6 functions as the core fund for the Bestwood Partnership. 7 Bestwood Estate Community Centre This is a single fund to cover the operation of our base venue as a community centre. 8 Bulwell and Bulwell Forest fund Fund8 provides for distinct provision in the wards shown. 9 Holiday Activity Fund

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

NOTES TO THE ACCOUNTS CONTINUED

8. Analysis of Net Assets between funds

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Fund balances at 31 March 2022 are
represented by:
. . Designated Total
Co funds 2022
Tangible Fixed Assets - - a
Current: Assets ae . 441355 441355 a
Current Liabilities 213) a | (17715) CUTTS)
sate! ety 423640 423640
9. Transfers . , ay
None. ae
10. Staff costs ee
: ae 2022 2021
a Salaries& staff payments (excl. reimbursements) 134027 111185 . oe
cre Social security costs'(NI employer contributions) 12282 10035
 Pension costs (LGPS entployer contributions) (note 13) 12549 9391 ,
Reimbursements for travel / payments not under PAYE 1048 2113
Average number of employees:
Full-time A 4
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No employee received a salary of over £50,000.

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

NOTES TO THE ACCOUNTS CONTINUED

11. Net income/(expenditure)

Net income/(expenditure) is stated after charging:

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|||||| |---|---|---|---|---| |,| |“||2022|2021| |Independent|examiner’s remuneration|1440|1440|Ss| |Depreciation — owned|assets|-|-|-| |Directors’/Trustees’|emoluments,|expenses &|other|ee| |benefits etc|orf|Nil|Nil|

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  1. Ultimate Controlling Party

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The company is controlled by the Board of Directors.

13. Pensions

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sos. |... “The company provides.a defined benefit pension scheme for its employees by way of participating. ‘ue vcs “in the Local'Government Pension Scheme (Nottinghamshire Pension Fund). However, as this‘isa.--}.0) ‘| °°..._multi-employer scheme,’thecompany is unable to identify its share of the underlying assets ‘and. - !-; : .°-liabilities in-the scheme on‘a consistent.and reasonable basis. The company has therefore accounted’ |... ' ”: one ae . for the scheme as if it-were a defined contribution scheme, with the costs of the schemes chargedto. | -. -- the statement of financial activities. ! oe

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

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|||||||| |---|---|---|---|---|---|---| |DESIGNATED FUND|1|(AREA LEAD, BESTWOOD, BULWELL AND BULWELL FOREST)| |(Class|1,|Area|One Lead)| |INCOME AND EXPENDITURE|ACCOUNT FOR THE PERIOD ENDED|31 MARCH 2022|;| |;|2022|2021| |£|£|;| |INCOME| |Service Level Agreements|et-|cod|133089|119457| |Other Income|:|7| |Total Income|oe|133089|119457|on|:| |Charitable|Activities:| |Training|ee)|1859|3799|:|doo| |Premises|costs|-|-|oo| |Travelling|Expenses|o|-|7| |Activities|-|-|po| |Telephone & postages|—||!|56|54||| |Office|costs|-|-| |Insurance|-|;|-|.|os| |Professional|fees|120|-| |Equipment,|materials & renewals|-|-| |Cleaning &|sundry|expenses|-|-| |Hospitality|-|-| |Grants to|groups.|i=.|-!|130771|120921|Cl| |Staff|Costs|87|-|od| |Depreciation|nea!|-|-|oo.| |EY|Peete|dy|132893|124774| |Governance|Costs:| |Independent|examiner’s|fees|:|_-|-| |Total Expenditure|132893|124774| |Net (outgoing)/incoming|resources|£196|£(5317)|

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This schedule does not form part of the Financial Statements

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

DESIGNATED FUND 2 (AREA-BASED GRANT BASFORD) (Class 2, Area-Based Grant Area 2)

INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2022

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|||||||| |---|---|---|---|---|---|---| |:|2022|2021| |£|£| |INCOME| |Service|Level|Agreements|etc|ek|21100|27824| |Written|back|.|-|-| |Other income|:|:|=| |Total Income|PPO|21100|27824| |Charitable|Activities:| |°)|Training|.|99|;| |-)-|TravellingPremises|costsExpenses.|80-|.|--|ne| |155|Activities|165|-| |-|Telephone & postages|-|-|is|a| |.|Office costs|;|-|-| |Insurance|-|-|a| |-|Professional|fees|-|-| |Equipment,|materials &|renewals|-|-| |-|Cleaning &|sundry|expenses|-|-| |-|Hospitality|-|-| |-|lt|Grants|to groups|2544|-|.| |-|Staff Costs|-|-| |||-|Depreciation|-|—___=| |ae!|.|2888|-| |Governance|Costs:| |Independent examiner’s|fees|.|-|| |Total Expenditure|2888|:| |Net (outgoing)/incoming|resources|£18212|£27824|

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This schedule does not form part of the Financial Statements

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|||||||| |---|---|---|---|---|---|---| |THE BESTWOOD PARTNERSHIP (Company Number 4882639)| |DESIGNATED FUND|3|(EMPLOYMENT AND EDUCATION)| |(Class|3 Nottingham Works/|incl.|4 Pathways)| |INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED|31 MARCH 2022| |2022|2021| |£|£| |INCOME| |Service Level Agreements|etc|pee)|133491|166969| |Written|back|-|-| |Other Income|:|=| |Total Income|a)|133491|166969| |Charitable|Activities:|,| |Premises|costs|-|-| |-|Travelling|Expenses|z|-|-| |||Training|ae)|664|1403| |-||-|Telephone & postages|||*i|608|167| |(2.|Office|costs|72|-| |-|Tnsurance|-|-| |-|Professional|fees|ae|-|1612| |‘|.3|Equipment,|materials & renewals|975|-| |.|Cleaning &|sundry|expenses:|-|-| |Hospitality|-|-|ae| |Grants|to|groups|-|-|:| |..|Staff|Costs|me|136226|108218|:| |-|Bad debts|-|=| |138545|111400| |Governance Costs:|a|;| |Independent|examiner’s|fees|-|_-| |Total Expenditure|138545|111400| |Net (outgoing)/incoming|resources|£(5054)|£55569| |This|schedule|does not form part of the Financial|Statements|

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||||||||| |---|---|---|---|---|---|---|---| |THE BESTWOOD PARTNERSHIP|(Company Number 4882639)|;| |DESIGNATED|FUND|6 (COMMUNITY AND DEVELOPMENT)| |(Class|6, Local Empowerment)| |INCOME|AND|EXPENDITURE ACCOUNT FOR THE|PERIOD ENDED|31 MARCH|2022|;| |2022|2021| |:|£|£|;| |INCOME|:| |)| |Service|Level Agreements|etc|oy|20490|60663| |Written back|.|-|-|z| |Other income|4,|10302|67620|0| |Charitable|Activities:|-| |-|Training|;|.|7|Sen|ee| |-|Premises|costs|-|-|i| |-|Travelling|Expenses|_|-|-|Coyne|tuts| |Activities|god|-|4891|bs|hes| |Telephone & postages|°°|,|321|386|Sratndu||| |Office|costs|-|261|.|65|Veni:|Bond| |Insurance|lees|1473|1467|en|oe|!| |Professional|fees|ce|801|806|meat}| |Equipment,|materials|&|renéwals|2835|1660|as| |-|Cleaning &|sundry|expensés|-|80|rn|coe| |Hospitality|446|rs|oe| |Grants|to|groups|-|-|ona|:| |Staff|Costs|als|21154|21146|ne| |-|Depreciation|;|-|-|PER|bey| |Governance|Costs:|:| |Independent examiner’s|fees|bl)|1440|1440|oS| |Total|Expenditure|873)|31941| |Net (outgoing)/incoming|resources|£2061|£35484|

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This schedule does not form part of the Financial Statements

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

DESIGNATED FUND 7 (BESTWOOD ESTATE COMMUNITY CENTRE) (Class 7, Community Community Centre)

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|||||||||| |---|---|---|---|---|---|---|---|---| |(Class|7, Community Community|Centre)||| |INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2022|!| |!|2022|2021| |£|£|:| |INCOME|:| |Service.Level|Agreements|etc|coe|5100|3060:|fee| |Written|back|.|-|-|.| |Other income|i}|8017|4430| |Total Income|pod|13117|7490||| |Charitable|Activities:|ee| |-|Training|-|-|rn|ore| |“t..|Premises|costs|woes|4434|4673|ee|I|as| |-|Travelling|Expenses|-|-|Dey| |Activities|-|-|.|ae| |—}s:|Telephone & postages|©...’|1172|1232|ache|OI| |Office|costs|caf|-|187|Pos| |-|Insurance|-|-|Boab|be|lb|Py| |-|Professional|fees|-|-|Jo.|oO| |Equipment, materials & renewals|-|84|Fe| |-|Cleaning &|sundry|expenses|-|-|es| |'|Hospitality|;|-|.|rr|ce| |-|Grants to groups|-|-|Dye:| |uy|Staff Costs|care|2439|3360|fs| |-|Depreciation|=|—||| |Governance|Costs:| |Independent|examiner’s|fees||_| |Total Expenditure|8045|9536| |Net (outgoing)/incoming resources|£5072|£(2046)|||

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This schedule does not form part of the Financial Statements

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

DESIGNATED FUND 8 (Bulwell and Bulwell Forest fund) (Class 8, Bulwell and Bulwell Forest)

INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2022

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|||||||| |---|---|---|---|---|---|---| |2022|2021| |INCOME| |Service|Level Agreements|etc|a)|-|20099| |Written back|-|-| |Other income|.|.|.| |Total Income|Pe)|:|20099| |Charitable|Activities:| |-|Training|-|-| |-|Premises|costs|.|-|-| |I>)-|ActivitiesTravelling|Expenses|140-|--|;| |-|Telephone & postages|-|-| |Insurance|.|146|-| ||!%-|Office costs|Ler?|-|1042| |i|Professional|fees|oS|13|13| |-|Equipment,|materials|&|renewals|-|-| |-|Cleaning &|sundry|expenses|-|13| |-|Hospitality|-|-| |“J.|3|Grants|to|groups|3083|-| |||Staff Costs|-|-| |.|Depreciation|.|=|2| |are|33|3382|1068| |Governance|Costs:| |Independent. examiner’s|fees|:|-|-| |Total Expenditure|3382|1068| |Net (outgoing)/incoming|resources|£(3382)|£19031|

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This schedule does not form part of the Financial Statements

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THE BESTWOOD PARTNERSHIP (Company Number 4882639)

DESIGNATED FUND 9 (HOLIDAY ACTIVITY FUND) (Class 9 new fund)

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INCOME AND EXPENDITURE ACCOUNT FOR THE PERIOD ENDED 31 MARCH 2022
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2022 2021
INCOME |:
Service Level Agreements etc 43398 -
Written back - re
Other Income - Che tbas aes
Total Income . 43398 > | |
es
Charitable Activities:
- Premises costs — . - : : : pple
- Travelling Expenses ‘- : - M o fg le
- Training - - eens [be]
- Telephone & postages - _ - fab be
- Office costs - - Cop ehy
- Insurance - - Harrie ;
Professional fees - ns ore
Equipment, materials & renewals - - oo ae
:|°3- ActivitiesCleaning & sundry expenses 25178- -- re- : ae
-: 0 / Grantsto groups 17907 - via a Peat
,
. Staff Costs ye - be Thirg
‘|
. Bad debts _: oe . eee ee
a 43085 -
Governance Costs: oo Coches
Independent examiner’s fees - —-
Total Expenditure 43085 =
Net (outgoing)/incoming resources £313 £-
This schedule does not form pari of the Financial Statements
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