Newham New Deal Partnership
(A Company Limited by Guarantee)
Company No. 05033441
Charity No. 1132937
Report and financial statements
For the year ended
31 March 2024
I GOLDWINS
LFI Il.,tlEi,'ILI IICQI

Newham New Deal Partnership
Report and financial statements
For the year ended 31 March 2024
Contents
Page
Reference and administratlve infonnation
Trustees, annual report
Independent examinerfs report
10
Statement of flnancial actlvities
(incorporating an income and expenditure account)
11
Balance sheet
12
Notes to the flnanclal statements
13-19

Newham New Deal Partnership
Reference and admlnistrative infOrn￿tIOn
For the year ended 31 March 2024
Trustees:
Margit Bieliczsky (elected October 2024)
Farzana Chowdhuri
Keith Cranwell (coopted July 2024. elected October 2024
Amalia LoEidou
James Robert Ludlam. JP {Chair)
Jean Ludlam
Jasfion Rodrigues
Eloise Swales
Hazel Tavemer (Hon. Treasurer)
C4)mpany Socr•tary:
Fiona Baird
chi￿ Ex•cutlv•:
F￿na Baird
Company number
05033441
Charfty numbor:
1132937
Reglstored ¢)fflc•:
Unit 9. Third Floor
st Luke's Communty Centre
85 Tarling Road
London E16 1HN
Audltorn:
Goldwins Llmlted
75 Maygrove Road
West Hampstead
London NW6 2EG
vMw.goldwins.co.uk
Bankers
The CtroperatNe Bank
PO Box 250
Skelmersdale
WN8 6wr
Soli¢itorn
Trowers & Hamlins LLP
3 Bunhill Row
London
EC1Y 8YZ
Pagel I

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
The trustees, who are also directors urKler company law. present their report and financial statements for the
year ended 31 March 2024.
The trustees confinn that the financial statements compty current statutory requlrernents. the
memorandum and articles of association arKI the Statement of Recommended Practice - Accounling and
Reporting by Charilies: SORP applicable to charilies p￿parIng their aceA)unts in accordance with FRS 102.
Purpos•s and alms
The Charity is registered as a charitable company limited by guarantee no.05033441. It is constituted under
Memorandum of Association dated 24th Nov6mber 2009, as registsred charity number 1132937.
The charity's purposes as set out in the objects contsined in the CoMpan￿S rnemorandum of assoclation are
the promollon for the benefft of the public of urban or rural regeneration in areas of social and economic
deprivation in the Newham and sum)unding areas by all or any of the following means:
(A) tha relief of financial hardshlp:
(B) the relief of unemployment:
(C) the advancement of education, training or retraining, parlI￿larty among unemployed peopla, and
providlng unemployed people with work experience;
(D) the provision of financial assistance, technical asslstance or buslness advice or consuftancy in order to
Fxovide training and employment opportunities for unemployed people in cases of financial or other
chaiitable need through help; (l) in setting up tsir own business, or (li) to existing busin8ss8s:
{E) the creation of training and employment opportunities by the provision of workspace, buildin￿. andlor
land for use on favourable terms;
(F) the provision of housing for those who are in conditions of need and the Improvement of housirvJ in th&
public sector or in charitable ownership:
(G) Ihe maintsnance, improvement or provision of publlc amenities,.
{H) the preservalion of buildings or sites of hisloric or architectural importance;
(i)
the provision of recreational facilities for the public at large or those WI￿ by reason of their youth, age.
infirmty or disablement, financial hardship or soci81 and OfA)nomlc circumstances, have need of such
facilities:
(J) the protection or conservalion of the environment:
(K) the provision of public health facililies arKI thildcara;
(L) the prothotion of public safety and prevention of crime:
such other means as may from time to time be detemiined subject to th8 prior written consent of the
Charity Commissioners for England and Wales.
The Trustees have had regard to the Charity Commission's guidance on public benefft.
The mission of the charity is to help and support individuals, groups and communities to meet It￿1r social and
economic needs by developing control over their heallh and wellbeing. and their physical. social and economic
environmenL
Page12

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
We do this by dellvering projects which".
Build aspiration and resilience through leaming, work experience. and opwrtunities to support others
locally:
Inspire creative engagement and local sense of place;
Enable people of all ages lo have greater choice and control over tt￿1r own fU￿reS and to be prepared to
support their neighbours to do so too.
Durtng the accounting period th8 charity achieved this mainly through delivery of Its Good Neighbours services
which support older and disabled people. particularly people with dementia and their carers.
Overvlew
We are pleased to roport a positive financial year. with in￿rne In place to maintaln and successfully deliver
our core services through our exSsting staff and volunteer team. It was a busy year as we were the host
organlsallon of a collaborative heallh equty demonstrator project for One Newham, the voluntary, communlty
and falth sector membership organlsatlon for Newham. Our role was to support local community organlsations
Salem Health. Hearrogether and Blossorn Place to make a difference to the heatth 0￿cOMeS of their clients.
In January we started our heritage project- Cydes of Change- which will create volunteering and parlicipatory
opportunilies to leam arKI prdctlce heritage skills and record and share the histories of local people with some
conneclion to the charity over an 18-month period culminatlng in a celebration the charitys 21 years.
Unfortunately al the end of 2023 we learnt that we had been unsuccessful in securing follow-on fundlng for our
dlgital lrfe skills group training seNice. which wé had been delivering in Tower H8mlets since 2019, with th&
result that a core staff mèmber was made redundant. The charity has delivered digital skills training in 8 soclal,
groups environment slnce 2012, mainty to older people. Transacting online Is now an essential lrfe skill. not
only for working-age residents, but for anybody who needs to claim benefits or access olher suppcKt. We wlll
continue to look for funding opportunities to share our leaming and delNer the model we have delivered so
successfvlly over 12 years.
Looking ahead. we were able to gain one-year funding to continue our Social Welfare Benefits Advice service
for older people living with dementia. whilst we apply for longer term support. We were also able to find
additional fundiThJ to expand opportunities for people living with dementia to live well in the community
Achievomants and perforniance
The objectivas in the cuT￿nt strategic plan include:
To Provide person-centred services and practical support for Isolated elders and people with disabilities.
including people wilh dementia arKI their carets, particularly in Nevknam
To deliver the very best in volunteer supp(xt8d assistan￿ for socially isolated elders and disabled people
To maintsin working relationships with community sed(w parlners and funders
To deliver arts and place making projects Ihat engage the aspirations and Interests of local communibes.
Page13

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
Good N•ighbours s•rvlcas
Newham Community Dementia Memory Support SeThice
London Bor(wh of Newham commissions this service. We provKle a ¢x>mmunity infomiation. advice and
signposting servic8 by telephone. face lo face and h(xne visits. for Newham residents living with demenlia arKI
their carers, in order that they can continue to live at home irKleperKlently and as well as possible. Our Support
Workers help customers to und8rsland their diagnosis. Fyovide practical advice, information and supp(wt on
advance planning, and refer customers on to soclal services and other organisations as appropriate.
An important addIt￿n81 element of the service is group activity. Our Music for the Mind and MeThw)ry Café
seNices, provide peer support, social activStss. exwdse and cognitiv8 Stlmulation for people INing with
dementia, including carers. Both services had a steady increase in participant numbers over the 12 months.
Indeed. the Music for the Mind s&8sions often attracted over 25 participants per session, and w8 are activety
l¢x)king for new fundlng opportunities to extend opportunitles for group engagement arHI pear suppor( which
our customers clearly like and from which they benefit.
The Information and advic8 service had 139 new referrals in tha y8ar. as well as providing ongolng support for
past clients. Everyone registered with the service receives a regular infornation Bulletin.
The average age of referrals to the seNice18 79 years of age. Two thirds of referrals were from South Asian.
Black Caribb&anlBlack African other minoritised communilies.
The Dementia Support team participatèd In Dementia Action Week in May, and Demenlia Awargness month
in September, through runniffj stalls and Social medla engagement.
Good NeIghbOu￿ swices- InfomJ8tion and case prop
The Good Neighbours case work project provides one-t￿One intensive support for people with progressive
diseases, parlicularty dementia, and their older carers, especially the most financially vulnerable or socially
isolated at a crilical time of thelr lives when intervention can make a blg difference. For example, when
diagnosis of dementia has just been made. when there is a thange in financial circumstances, or when physical
or mental disabilities increase and additional help is needed. The service in parttcular aims to reach minorilised
communities.
In the final year of the three-year granl from Henry Smith, due to additional funding from Together for LorKlon
for additional worker capacity to reduce our wailing lis( we were able to support 63 residents. mainty on
daiming beneffts for the first time, and on benefits appeals. Over 70% of dients were from norFWhite
backgrounds. of which 53% were Soulh East Asian hentage.
We have secured fvnding from national charity Independent Age for a Social Welfare beneffts advice service
for 8 year to continue to support this client group whilst we bid for longer term grant fvnding.
Pa9e14

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
Good Neighbours services . @online club nelwoth for olderpeople
East London has high levels of digilal indusion amongst older people and this presents barriers to actlng
independenty and acc&wng services. The aim of @online club netwoth is to increase the confidence of older
people to go online after completion of an eight-week training programme, in an enjoyable. social environment.
We had high levels of customer satisfaction and achievement for the service.
We worked with 60 older residents in Tower Hamlets, and dellvered 142 group training hours and were able
to deliver two digital skills for live programmes to 16 Newham resKlents, achievlng 32 training hours. due
additional funding from Lyle's Local Fund and East End Community Foundation's Lrfe Chances Campaign
which supported the core Tower Hamlets grant
SUppO￿ng the health needs of minoritised communitses
The heallh equity project was a demonstrator project, funded and supported by North Ea81 London (NEL)
NHS and Newham Councll, which was sel up and delivered in 2023. The project's aim was to reach
communibes wilh low engagement of heallh ser¥ices, and test whether a project which engages grass roots
community groups - and wh8re people already have a sense of belonging, and which are betler placed to
achieve access. relevance and tsust for residents - can reduce healih inequalities rather than projects which
are delivered by groups thal are loo big or wide for paople to identrfy with.
Partner communty organisations reached 85 clients with one to one support, ran a total of 46 group events,
and 20 outreach sessions. The project reached clients with low levels of mental ￿lIbeIng. At the and of the
project the maJ￿ity of dients self-reported better health status and an increased ability to manage their own
h8alth. The Insliiute for Connected Communities supported us In the evaluation of proiecL
Arts and h•ritag•
Our bid to the Heritsge Fund for an 18-month projed - Cydes of Change - was successful. It ￿11 offer
volunteering and participation opportunities to local residents focusing on the history of the charity over Ihe
past 21 years and its engagement with people, places and organisations. We aimed to comfflence the project
in September 2023. but recruited in December for a January 2024 stsrL
Voluntoors
Ne￿aM New Deal Partnership is a volunteer-involving organisation which 8ctivety engages volunteers to
support its charilable activities through a range of specialist opportunilies in health, siKial care, and IT,
underpinned by training. supervision and supporL For many volunteers. the placements develop skills.
COnf￿enCe and self•esleem, as well as providing routes into training. education and meaningful and
sustainable empk)yment. Volunteers are offered expenses- subsistence and travel costs- as well as access
to intemal and exiemal training courses. We note that many volunteers waive their entitl8m8nt to exp8ns88.
We had regular nine volunteers who supp(xted the charitrfs delivery of Music for the Mind, Memory Café. and
digital inclusion sessions. Their skills and contribuÉion to the atmosphere of the sessions is viial, and we thank
them. Demenlia volunteers urKlertook 268 volunteering h￿rS over the year and digital voluntews 132 hours.
Pagel 5

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
Pathorship worklng
Newham New Deal Partnership contlnued to play an athe role in the voluntsry and community sector in the
Borough. The CEO is a Twstee of One Newham, a neiwork of voluntary. community and faith gr￿jpS that are
rooted in local communities and work to improve the lives of people In Newham. The charity continues to be
an active member of Creative Newham. an independent alliance of arts, ￿ltUral. educational, SOGial and
voluntary ￿anIsationS committed to growing and strenglhening cultural rnobilty in all its forms in Newham.
As a commissioned organisation, Newham New Deal Partnershlp is also invited to sit on Health and Social
Care Boards In Newham. including tho Agelng Well Newham Partnership Board.
Financial r•vlew
The charity's income and expenditure rose slgnlficantty due to fvndlng for delivery of a On￿ project - the
healih equity demonstrator project which we hosted for One Newham. We were able to achieve net incx)me
for a second year, and increase our free resetves. This Includes reserves originalty allocated for a webstte
review, whlch we were unable to do in 2023124, but plan for the forthcA)ming year.
The charitys abilty to maintain longer temi funding streams kn ￿rrOnt projects as always continues to b8 a
challenge and a prfority in Ihe highly compelitive funding environment bolh locally and nationally. However we
are committed to fundrais8 for projects whare we krK>w there is high client need and demand for services.
Where possible, the charity includes realistic cost of living rises In mu￿Year fvnding applicatlons.
Reserves pollcy
In 2016117 Ihe Trustses d8slgnated £30.000 of reserves for charity restructurlng or in a worst case scenarlo
closure costs. The Trustees reviewed this, al the beginning of the financial year, but gNen uncertainty of som8
of the charity's funding sources at that time, they agreed to maintsin designated reserves atthis level. However.
the Board agreed to open a charity savings account and intends to retain reserves in this accounL It wlll
continue to keep designated reserves under review.
Golng COn￿M
At the present time the Trustees have a reasonable expectation that the charity has adequate resources to
continue to operate. For this reason, they conlinue to adopt the golng (x)ncem basis in preparing the financial
stat￿nents.
Prfncipal rlsks and uncertalntles
The charity has an operational and business strategy in place which takes account of the risks to which the
charity is exposed, and how to mitigate them. It monitors income and expendtture on a quarterfy basis.
Cashllow is monitored on a monthly basis. Intemal control risks are minimised by the irnplementstion of
financial prO￿dureS for the authorisation of all transactions and prwts.
Page16

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
The charity reviews its Health and Safety policy once a year. this covers staff and volunteer safety when
working both in and outside the offi￿. Procedures are in pla￿ to ensure compliance with health and safety of
staff. volunteers. clients and visitors. The CEO reports on the slatus of funding bids at every Board meeting.
Plans for tho futurn
The iknrity continued to prioritise funding for current and future ser￿ceS which reduce social isolation and
support the Independence of older people and people wilh disabllilies. as well as to find more funding for arts
and heritage projects which support the engagement of local people and local place making. Dialogue with
customers. dients, fvrKlers and other stakehoklers in the financial year 2023r24 has enabled us to keep our
strategy refreshed and operational.
Structure, governance and manag•mant
The Charlty Is reglstsred as a charitable company limlted by guarantee r￿.05o3344l. It Is constttuted under
Memorandum of Assoclatkni dated 24th November 2009, and subsequenlly revised, as registered charity
number 1132937.
The Board meets approximately five times a year to approve the annual operalional plan and budge( the
independently examined accounts, updated policies and procedures {Induding annual reviews of the H&S
policy and financial policy). and to review how the organisation is achieving the annual plan. The Board also
meets once a year al a Board Awayday to discuss and review slratsgic issues.
The Chief Executive is f8sponslbl8 for the day to day running of the dlarity, and is line managed by th8 Chaif.
In addition to the Chlef Executive, Newham New Deal Partnership had one full time and six part-time staff
posts over the pertod. The charity has outsour¢8d its payroll, HR and H&S functions, and uses a freelance
b(x)kkeeper.
Appolntment of Trust•
The Board comprises directors who are elected for a period of three years in the first instance. The charity
periodically urKlertakes a review of skills and experience required of the Board. and identifies any gaps for
recruSth)enL Following a recruilment programme, two new Trustees were appointed in 2024125.
Trustee InduGtlon and tralnlng
Potential Trustees are encouraged to leam about the charity in advance of appointment On appointment,
new Trustees have a familiarisalion programme appropriate to their neets. which will incl(Kle briefings with the
Chair and CEO. and project visits as well as the provision of a documen1ati￿ pack which includes infonnation
on the role of the Trusts8 and key internal charity documents. induding the goveming instrument.
The Board of Directors compTises nine local people wilh business. financial, and management skills, plus
knowledge of the local community. and lived experience as patients and carers. Trustees are encouraged to
attend the d￿rit￿S projects as observers and volunteers.
Page17

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
Related parties and relationshlps wlth ¢)ther organisallons
There We￿ no related party transactions by Newham New Deal Partnership's Trustees In 2023124. The CEO
is a Trustee of One Newham. We delivered heallh equity grant funded project for Ihem as a host
organisation after a compelitsve Process.
Statement of responsibllltlos of the trustoes
The trustees are also directors of charitable company for the purFKWS of company law) are responsible
for preparlng the trustees. annual report and the financial statements in accordance with applicable law and
United Kingdom Accounting Standards (United Klngdom Generally Acceptad Accounting Practice).
Company law requires the trustees to prepare financial statements for each financi81 year which glve a true
and fair view of the slats of affairs of the charitabla company and of the incoming resources and application of
resources, induding the Income arKI expendliure, of the charitablo company for that Pariod. In preparing these
finandal ststements. the trustees are requirad to:
Select suitable accounting policies and then apply thern consistently
Observe the methods and princlples in the Charitss SORP
Make judgements and eslimates that are reasonable and prudent
State whether applicable UK Accounting Standards and statements of recommended practice have been
followed, Subject to any matsrial departures disclosed and explained in the financial statements
Prepare the financial statements on the going concem basis unless it is inappropriate to presume that the
chanty will conlinue in operation
The Irustees are ￿SPOnsIble for keeplng proper accountlng records that disclose with reasonable accuracy at
any ts.me the financial position of the charitable company and enable them to ensure that the financial
ststements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitab16 company and hence for tsking reasonable steps for Ihe prevention and detection of fraud and other
irregularities.
The truste88 are reswnsible for Ihe maintenance and integrity of the corporats and financial infomiation
induded on Ihe charitable companvs website. Legislation In the United Kingdom goveming the preparation
arKI dissemination of financial ststements may differ fr(Kn legislation in otherjurisdictions.
Mwnbers of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the
event of winding up. The total number of such guarantees at 31 March 2024 was 7 (2023: 7). The trustees are
members of the charity but this entilles them onty to voting rights. The trustees have no beneficial interest in
the charity.
Statfjm￿ as to dlsclosure to our independent examlners
In so far as the trustees are aware:
There is no relevant audit informalion of which the charitable CoMpan￿S independent examiners are
Ur￿¥are., and
Page18

Newham New Deal Partnership
Report of the Trustees
For the year ended 31 March 2024
The trustees have laken all steps that Ihey Iwght to have taken to make themselves aware of any ￿levant
audit infrymalion 8fKI to establish that the independent examiners are aware of that infomiation.
The trustees, annual report has been approved by the trustees on ........... .
and slgned on their
James Robert Ludlam, JP
Chalr of Trustms
Page19

Independent examinerfs report
To the members of Newham New Deal Partnership
For the year ended 31 March 2024
I report on the accounts of the Newham New Deal Parlnership for the year ended 31 March 2024. which are
set out on pages 11 to 19.
Responslbilities and basis of roport
As the charity's trustees of th8 Company (and also its directors for the purposes of company law) you are
responsible for the preparation of the accounts in accordance wilh the requirements of the Companies Act
2006 (Ihe 2006 Art).
Having salisfied myself that the accounts of the Company are not required to be audited under Part 16 of the
2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's
accounts as carrled out under section 145 of the Charities Act 2011 {'the 2011 Act.). In caryirKJ oul my
oxamlnation I have followed the Dlrections glven by the Charity Commission urmler saction 145(5) (b) of the
2011 Act.
Independ•nt oxamlnerfs statemont
Since the Company's gross income exceeded £250,000, I confimi that l am quallfied to undertake the
examination because l am a member of the ICAEW. which is of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connectTh wlth
the examination giving me cause to believe:
1. accounting records were not kept In respect of the Company as required by section 386 of the 2006
Act; or
2. the accounts do not accord wlth those record8: or
3. the accounts do not compty with the accounting requirements of section 396 of the 2006 Act other
than any requirement that the accounts give a and fair view which is not a matter considered
as part of an independent examlnation; or
4. the accounts have not been prepared in accordance wlth tho methods and prlnciples of the
Statement of Recommended Practice for accounting and reporting by charities applicable io
charities preparing their accounts in accordance with the Finan(xal Reporting Stsndard applicable
In the UK and Republic of Ireland {FRS 102).
I have no concems and have come across no other matters in Ix)nnection with the examination to which
attention should b8 drawn in this report in order to enable a proper understsnding of the accounts to be
reached.
Anthony Epton
Goldwlns
Charternd Accountants
75 Maygrovo Road
West Hampstead
London NW6 2EG
FCA CTA. FCIE
Page 110

NEWHAM NEW DEAL PARTNERSHIP
Statement of financial activities
(incorporating an income and expenditure account)
For the year ended 31 March 2024
2024
Total
funds
2023
Total
funds
Note Unrestricted Restrict•d
funds
funds
In¢om• from:
Donations
Charitable adivities
Invesknent income
1.510
97.416
1,510
267.096
1.593
176.215
169.680
Total Incomo
98.926
169,680
268,606
177.808
Expendlture on:
Charitable activities:
83.342
168,046
251.388
164,409
Totsl oxpendltur•
168,046
251.388
164,409
Not Income l (0X￿ndIture) for tho year
15,584
17,218
13.399
Trdnsfers beiween fvnds
,826
2,826
Net movornont In funds
18.410
(1,192)
17,218
10,573
Reconclliatlon of funds:
Total fijnds brought fO￿ard
43,642
94,902
Total fundg ¢arrlod forward
12
83,069
42,450
125,519
105,475
All of the above results are derived from continuing aclivities.
There were no other recognised gains or losses other than those statsd atM)ve.
The attached notes fomi part of these financial statements.
Pagel 11

NEWHAM NEW DEAL PARTNERSHIP
Balance sheet
As at 31 March 2024
2024
2024
2023
2023
Current assets:
Debtors
Cash at bank and in hand
4.273
126.951
131,224
4,725
109.288
114,013
Llabllltles:
Creditors: amounts falling due within one year
5,712
Net current assets
125.519
108.301
To￿￿ net assets
125,519
108.301
Funds
Restricted funds
43,642
Unrestricthl funds..
Designated funds
General funds
Totsl unrestricled funds
30,000
53.069
30,000
34.659
83.069
64,659
Tolal fun(ts
12
125.519
108,301
The Trustees conslder that the company Is entitled to exemption frorn the requirement to have an audit under the
provisions of section 477 of the Companies Act 2006 (Ihe Act.) and members have not required the company to
obtsin an audit for the year in question in accordance with section 476 of the Act.
The Trustees acknowledge their responsibilili8s for ensurfng that the company keeps accx)untlng re￿)rts whlth
comply with seclion 386 of the Act and for preparing financial ststements which give a true and fair view of the
state of affairs of the company as at 31 March 2024 and of its wofft or loss for the year then ended in accordance
with requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the
Companies Act 2006 relating to the financial slatements so far as appllcable to the company.
The financlal ststements have been prepared in accordance wilh the spedal provlsions for small companies under
Part15 of the Companies Act 2006.
ZS
Approved by the trustees on ....................................
arKI signed on their behalf
James Robert Ludlam. JP {Chair)
Trustee
Company registration no. 05033441
The attached notss fonn part of the financial statements.
Page | 12

NEWHAM NEW DEAL PARTNERSHIP
Notes to the flnancial statements
For the year ended 31 March 2024
1 Accounling policies
a) Basis of preparation
The financial statem8nts have been prepared in accordance with Accounfjng and Reportlng by Charllles:
Slatement of Recommended Practi￿ applicable to charities preparing their accounts in accordance with the
Finanaal Reporbng Standard applicable in the UK and Republic of Ireland (FRS 102 - effective 1 January 2015)
- (Charities SORP FRS 102) and the Companies Act 2006.
The charitable company meets the definition of a public benefit entity under FRS 102. Assets and liabililies are
initialty ￿COgniSed at historical cost or transaction value unless 0￿￿￿¥1se slated in the relevant accounling
policy or note.
b) Golng concern
The tfustees consider that there are rK) material uncertainties ab￿1 the charitable company's ability lo continue
as a going concem. The trustees do not consider that there are any sources of estimation uncertainty at the
reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets
and liabilities within the next reporting period.
c) Incom
Income Is recognised when the charlty has entitlement to the funds. any perf0m￿nCe conditions attache(J to the
income have been met, it is probable that the income will be received and that the amount can be measured
reliabty.
Income from govemment and other grants, whether 'capital' grants or 'revenue' grants, Is re(￿nised when the
chafity has entitlement to the funds, any perfomance conditions attached to the grdnts have been met, it is
probable that the income will be received and the amount can be measured reliably and is not deferred. Income
received in advance for the provision of specified service is defe￿ed until the criteria for income recognillon are
meL
For legacies. entitlement Is taken as the earlier of the date on which either. the charlty Is aware that probate has
been granted, the estate has been finalised and nolification has been made by the executor(s) to the charity
that a distrlbution wlll be made, or when a dlstribulion Is received from the estate. Receipt of a legacy. in whole
or In part, 18 only considered probable when the amount can be measured reliably and the chartty has been
notified of the executorfs intention to make a distTibution. Where legacies have been notified to the charity, or
the charity is aware of the granting of probate, and the criteria for Income recognition have not been met, then
the18gacy is a treated as a contingent asset arKI disdosed rf matsrial.
d) Donatlons of glfts. sorvlc•8 and faclllllos
Donated professional services and donated facilities are recognised as income when the charity has control
over th8 Item or received the service. any condltions associated with the donation have been met, the ￿ceipt of
ecxjnomic benefit from the use by the charity of the item is probable and that economic benefft can be
measured reliably. In accordance with the Charities SORP (FRS 102). volunteer time is not recA>gnised so refer
to the trustees, annual reF)Ort for more infomiation about their contribution.
On receipt, donated gifts, professional services and donated facilities are recognised on the basls of the value
of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or
facilities of equivalent econijnic benefft on the open market; a coThesponding amount is then recognised in
expenditure in the period of receipt.
e) Int•rest recelvable
Inte￿5t on funds held on deposit is included when receivable and the amount can be measured reliabty by the
charity; this is nonnally upon notifiGalion of the interest paid or payable by the bank.
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NEWHAM NEW DEAL PARTNERSHIP
Notes to the financial ststements
For the year ended 31 March 2024
1 Accounting policios (contlnued)
fj Fund accounting
UnrestTittsI funds are available to spend on aclivities that further any of the purposes of charity. Designaled
funds are unrestri&ed funds of the tharity which the trustees have decided at their discretion to set aside to use
a spe(ific purpose. Restricted funds are d￿￿t￿￿s which the donor has specified are to be solely used for
parli￿lar areas of the charity's work or for speufic proieds being undertaken by the charity.
g) EX￿ndIt￿rn and IrreGOVOrable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party. it
is probable that settlement will be required and the amount of the obligation can be MeasU￿d reliabty.
Expendi￿re is classffied under the following activity headings:
Costs of raising funds comprise of trading costs and the C￿Sts incurred by the charitable (x)mpany in
inducing third parties to make voluntary contributions to IL as well as the cost of any acbvibes with
ndraising purpose.
Expenditure on charitable activilies indudes costs incurred to further the purposes of the charity and
their associated support costs.
Other expenditure represents those items not falling into any other heading.
Irrecoverable VAT is charged as a cost agalnst the activty for which the expenditure was incurred.
h) Allocatlon of support costs
Support costs are those functions thal asslst the work of the tharfty but do not directy undertake charilable
activities. Support costs indude back offilx costs, finance, personnel, payroll and govemance costs which
support the tharitys activilies. These costs have been allocated between ¢x)st of raising funds and expenditure
on thafttable activities.
l) Operating Iu808
Rental charges are charged on a straight line basis over the temi of the lease.
J) Tanglblo Ilxod assets
Items of equipment ara (*pitsli88d where the assets is expected to have a usefijll life of more than three years.
Depreciation is provided at rates calculated to write down the cost of each asset to its eslimatsd resKlual value
ovef Its expectsd useful life. The depr8ciati(M rates In use are as follows:
Fixtures and fittings
5 Years SL
Computer equipment
4 Years SL
k) Debtorn
Trade and other debtors are recognised at the setllem￿ amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
l) Cash at bank and In hand
Cash at bank and cash in hand includes cash and sh￿t tsmi highty liquid inVest￿nts witt) a malurity of
three months or less from the date of acquisition or O￿nIng of the deposit or similar aixount.
m) Credltors and provlslons
Creditors and provisions are re(x)gnised where the charity has a present obligation resulting from 8 past event
that will probably result in the transfer of funds to a third party and the amount due to settle the obligation (an
be measured or estimated reliably. Creditors and provisions are normally recognised at Iheir settlement amount
after allowing for any trade discounts due.
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NEWHAM NEW DEAL PARTNERSHIP
Notes to the financlal statements
For the year ended 31 March 2024
2 Detailed compardtives for the statement of financial aclivilies
2023
2023
Unrestricted Restrided
2023
Totsl
Income from:
Donations
Charftable activities: Grants receivable
Investment income
Total incomo
1,593
78.170
1.593
176,215
98.045
79.763
98.045
177,808
Expendilur• on:
Chariiable acbvitses
Total •xpenditurn
87.970
87,970
76,439
76.439
164,409
164.409
Nat Incomo l (expendlturn) for the year
(8,207)
21.606
13.399
Transfers belween funds
Not mov•mont In funds
{8,207)
21.606
13.399
Total fvnds brought folward
72.866
22.036
94.902
Total funds carrfed forward
64.659
43.642
108,301
3 Income from charltable actlvltlos
2024
Total
2023
Tolal
Unrestricted
Restricted
Grant Income
Other income
Totsl for charltablo activltles
169.680
169,680
97A16
267.096
98,045
78,170
176.215
97,416
7,416
16
4 Income from investments
2024
Total
2023
Total
Unrestricted
Restricted
Bank interest
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zz

NEWHAM NEW DEAL PARTNERSHIP
Notes to the financial ststements
For the year ended 31 March 2024
Net income l (expenditure) for the year
This is slated after charging l {crediliNJ):
2024
2023
Independent examiners fees
17
Analysis of staff costs, trustsa rnmuneratlon and expanses. and the cost of key managwn•nt
personnel
Staff costs were as follows."
2024
2023
Salaries and wages
Social seGurity costs
Pension contributions
Other ¢x)sts
171,403
122.685
6,208
1.833
471
131.197
2.413
2,324
184.584
None of the employees were paid a remuneration equal to or mora than £60,000 in the yaar (2023:
Nil).
The total employee benefits including pension contributions of the key management personn81 were
£49.437 (2023: £49.320).
Th8 charity trustees were not paid or received any other b8neffts from employment wlth the charlty.
staff num￿1$
The average number of employees (head count based on number of staff employed) during the year
was as follows:
2024
No.
2023
No.
Charitable athities
Support
Taxatlon
The charitable company is exempt from corpornlion tsx as all its income is charitable and is applied
for charitable purposes.
Debtors
2024
2023
Trade debtors
Prepayments
2.905
1.820
4.725
1.367
4273
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NEWHAM NEW DEAL PARTNERSHIP
Notes to the financial statements
For the year ended 31 March 2024
10 Credltors: amounts falling duo Within one year
2024
2023
Trade ueditors
Taxation and social security
Accruals
166
3.839
1,700
5,705
1.503
2,509
1.700
5.712
11 Analysls of net assets between funds
General
unrestricted Designated Restricted
Total
funds
Net current assets
Net assets at th• ond of tha year
53,069
30.000
,000
42.450
,450
125,519
125.S1
Analysis of net assets b•tw•on funds 2023
General
unrestrKtsd Designated RestrKXed
Total
funds
Net current assets
Not assets at the end of the y•ar
34.659
.65
30,000
43,642
108.301
12 Movamonts In funds
At the slart
of the year
At the end
Incoffle Expenditure Transfern of the year
R8strfct•d funds:
East End Community Foundation
- Life Chances Campaign
Lyle's Local Fund
Uoyds Bank Covid19 fund
LB of Tower Hamlets
Health Equty Grant
Independent Age
Heritage Fund
Together for London (London Comm
Henry Smith
Other Small Grants
Total restrlctod fvnds
5,945
5,945
2,430
2,826
{957)
24.180
(2,826)
11.387
60.000
17.515
10.430
84,341
10.031
15,165
9,986
29.718
(161)
33,681
9.218
20,500
1,446
169.680
168,046
,826
Unréstrict￿ funds:
Designated funds
30.000
Genoral funds
34.659 98.926
83.342
2,826
53.069
Total unrestricted funds
64.659
98,926
83,342
2.826
83.069
TOL11 funds
251,388
125.51
Pagel 18

NEWHAM NEW DEAL PARTNERSHIP
Notes to the financial ststements
For the year ended 31 March 2024
Movements in funds 2023
At the start
of the year
At the end
Income Expenditure Transfers of Ihe year
Restrlctod funds:
East End Community Foundation - L
Lyle's Local Fund
Lloyds Bank Covid19 fund
LB of Tower Hamlets
Newham Mental Health Grant
Health Equty Grant
Henry SmSth
Total restrlctod funds
5.945
2.430
5.945
2,430
2.826
{957)
2.826
1.545
6.700
19.520
22,022
6.700
5,820
41,897
76.439
30,000
40,150
98,045
24.180
9.218
10.965
22,036
Unrestrlcted funds:
Designated funds
30,000
30.000
G•n•ral funds
42.866
79,763
87.970
Total unrnstrl¢tsd funds
Total funds
94902
177,808
,409
108,301
East End Community Foundation - Life Chances Campaign: grant to develop digital skills for health
and wellbeing for older people.
Lyles Local Fund: grant for dlgltal lrfe skills training for older peopl8 in Nowham.
Health Equty Grant: from On8 Newham to deliver a demonstrator project to understand health
inequities. The CEO is a Trustee of One Newham, which Is the CVS for Newharn.
LB of Tower Hamlets: funding to delNer @online dub programme in Tower Hamlets.
Henry Smith: grant towards the salary of a part-time speciallst dementS8 case worker.
Together for London: grant for a temporary social welfare worker to deal with increased demand for
the service from people living with dementia.
Independent Age: grant for a part time weltare benefits worf(er to support those over 66 years of age
with advice and practical support.
13 Legal status of tho charfty
The charity is a company limiled by guarantee and has no share rAqPital. Each member is lialme to
contribute a sum not exceeding £1 in the event of the charity being wound up.
14 Ralated party transactlons
There are no related party transactions to disclose for 2024 (2023: none).
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