2022-03-31-accounts - St. Paul's Community Partnership (Willington Quay)

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St. Paul’s Community Partnership

Report of the Trustees and

Financial Statements for the year ended 31 March 2022

REGISTERED COMPANY NUMBER: 7121207 REGISTERED CHARITY NUMBER: 1141083

St. Paul’s Community Partnership CONTENTS OF THE TRUSTEES’ REPORT AND FINANCIAL STATEMENTS For the year ended 31 March 2022

	Page
Report of the Trustees	3-4
Independent Examiner’s Report	5
Statement of Financial Activities	6
Balance Sheet	7
Notes to the Financial Statements	8-12

St. Paul’s Community Partnership REPORT OF THE TRUSTEES For the year ended 31 March 2022

The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The financial statements comply with the Charities Act 2011, the Companies Act 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice, applicable to charities.

Reference and administrative details

Registered company number: 7121207 Registered charity number: 1141083 Registered office : St. Paul’s Centre George Street Willington Quay Tyne & Wear NE28 6SL Trustees: Rev’d Sue McCormack (Chair of Trustees) Mrs Ann Nuttall Mrs Sheila Davidson Mrs Vicky Cowley Ms Corrie Rowe Ms Julie Robertson Ms Kirsty McGowan Ms Susan Grayson Bankers: Lloyds Bank 69 Bedford Street North Shields Tyne & Wear NE29 0AU

Structure, governance and management

Governing Document

St. Paul’s Community Partnership (SPCP) is a charitable company limited by guarantee, incorporated on 10[th] January 2010. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association.

The Board consists of a maximum of 12 directors, 2 of which must be representatives of the owners of Willington, St. Paul’s Church or their nominees. The directors meet when necessary in order to carry out the work of the charity and maintain its direction and ethos.

St. Paul’s Community Partnership REPORT OF THE TRUSTEES For the year ended 31 March 2022 (continued)

Risk Management

The Trustees are alert to risk and review control measures on a regular basis. Policies and procedures have been introduced to mitigate risk. Uncertainty about future funding is recognised and alternative funding sources sought.

Achievements and Performance

The funds of the charity have increased by £16870 during the year.

Reserves

The Trustees have given consideration to the level of reserves required by the charity and are satisfied that the present funds held form an adequate reserve. They may consider that efforts to expand the work of the charity in the future may require a higher level of reserves.

Objects and Activities

The Charity’s objects are for the benefit of the inhabitants of North Tyneside, and in particular Willington Quay by associating together the local inhabitants and the local authorities, voluntary, and other organisations in a common effort to advance education and to provide facilities in the social welfare for recreation and leisure time occupation with the object of improving the life of the said inhabitants.

Public Benefit

The trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake.

Signed on behalf of the Board

Rev’d Sue McCormack – Chair of Trustees

Date: 12/09/2022

St. Paul’s Community Partnership INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES For the year ended 31 March 2022

I report on the accounts of the company for the year ended 31 March 2022, which are set out on pages 6 to 12.

Respective responsibilities of trustees and examiner

The trustees (who are 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 this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

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:

Examine the accounts under section 145 of the 2011 Act.
To follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
To state whether particular matters have come to my attention.

Basis of independent examiner’s report

My examination was carried out in accordance with the 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 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 undertaken do not provide all the evidence that would be required in an audit and consequently no opinion as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1) Which gives me reasonable cause to believe that in any material respect the requirements:
a. To keep accounting records in accordance with section 386 of the Companies Act 2006.
b. To prepare accounts which accord with accounting records, comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Statement of Recommended Practice: Accounting and Reporting by Charities.

have not been met; or

2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Jean Patterson Date: 01/06/2021

14 Andover Place, Hadrian Park Wallsend, Tyne & Wear. NE28 9UD

St. Paul’s Community Partnership STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 March 2022

Notes Income Grants, donations and sales 3 Expenditure Charitable activities Net income/(expenditure) 4 Transfers between funds 5 Total funds brought forward Total funds carried forward	Unrestricted funds Restricted funds £ £ 8,678 76,238 25,424 42,622 (16,746) 33,616 10,304 (10,304) 19,729 39,825 13,287 63,137	2021/22 Total funds £ 84,915 68,046 16,870 0 59,554 76,424	2020/21 Total funds £ 33,161 40,066
			(6,906) 0 66,460
			59,554

St. Paul’s Community Partnership BALANCE SHEET At 31 March 2022

Notes Current assets Cash at bank Sundry debtors Net assets Funds Unrestricted funds 7 Restricted funds 7 Total funds	2021/22 Total funds £ 76424 0 76424 13287 63137 76424	2020/21 Total funds £ 59554 0
		59554
		19729 39825
		59554

For the year ended 31 March 2022, the charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.

The members have not required the charitable company to obtain an audit of its financial statements for the period ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibility for:

(a) Ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006; and
(b) Preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Section 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

The financial statements were approved by the Board of Trustees on 12/09/2022 and were signed on its behalf by:

Rev’d Sue McCormack – Chair of the Trustees

St. Paul’s Community Partnership NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022

1. Accounting Policies

Accounting convention

The financial statements have been prepared under the historic cost convention and in accordance with the Statement of Recommended Practice (SORP 2015) and applicable accounting standards (FRS 102).

Incoming resources

All incoming resources are accounted for on the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Taxation

The charity is exempt from taxation on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives and at the discretion of the trustees.

During the year 2021/22 there have been 19 restricted funds through which various aspects of the Charity’s work are operated:

Children’s Work
CF10k (closed July 2021)
Church
Craft Group
Community Garden
Friendship Group
Hardship Fund
Kitchen renovation
Lunch Club
Music
Project Worker Salary
Summer Activities
Tai Chi (closed December 2021)
Training
Triple Tuesdays
Volunteer Project
Veterans
WAfY (closed September 2021)
Men’s Work

2. Trustees’ remuneration and benefits

There was no trustees’ remuneration or other benefits during the year ending 31 March 2022.

St. Paul’s Community Partnership NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022 (continued)

3. Income

Analysis of income Grants, donations and sales Grant: Ballinger Charitable Trust Grant: The Barbour Foundation Grant: Arnold Clark Grant: Big Lottery (Awards for All) Grant: Community Foundation Grant: NTC Grant: Rank Pebbles Fund Grant: R.W. Mann Trust Grant: St. Hilda's Trust Grant: Victor Mann Trust Grant: WAfY Sales Donations Other income Total income	Unrestricted funds Restricted funds £ £ 4400 2600 0 2000 0 2000 0 9900 0 20426 0 8000 550 0 0 2250 0 7250 0 500 0 8475 2455 11180 1267 1655 6 2 8678 76238	2021/22 Total funds £ 7000 2000 2000 9900 20426 8000 550 2250 7250 500 8475 13635 2921 8 84915	2020/21 Total funds £ 2000 0 0 0 3400 2000 0 300 600 500 11975 7952 1759 0
			30486

St. Paul’s Community Partnership NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022 (continued)

4. Expenditure

Analysis of expenditure Charitable activities Employees Groups & activities Property maintenance and servicing Utilities Memberships Equipment, refreshments & resources Postage, printing and stationery Insurance Other running costs Total Expenditure	Unrestricted funds Restricted funds £ £ 2,121 6,578 30 22,157 14,581 843 3,905 60 0 0 536 12,791 176 29 3,897 0 178 164 25,424 42,622	2021/22 Total funds £ 8,699 22,187 15,424 3,965 0 13,326 205 3,897 341 68,046	2020/21 Total funds £ 8,012 16,256 692 2,419 100 8,201 102 3,843 442
			40,066

5. Employment

During the year ending 31 March 2022 the company had two part time employees. The total cost was £8699 (2020/21: £8012).

St. Paul’s Community Partnership NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2022 (continued)

6. Transfers between funds

Unrestricted funds General funds Reserves Restricted funds Childrens Work CF10k Craft Group Friendship Group Lunch Club Mens Work Project Worker Salary Summer Activities Tai Chi Training Volunteer Project WAfY Youth Work Veterans Music Kitchen renovation	Internal transfers IN £ 10,304 0 10,304 3,566 0 0 0 0 0 3,211 0 0 0 184 0 4,819 0 894 0 12,674	Internal transfers OUT £ 0 0 0 (672) (562) (744) (264) (1,107) (1,048) 0 (573) (1,385) (4,410) 0 (10,630) (1,296) 0 (288) 0 (22,978)	Total internal transfers £ 10,304 0
			10,304 2,894 (562) (744) (264) (1,107) (1,048) 3,211 (573) (1,385) (4,410) 184 (10,630) 3,523 0 606 0
			(10,304)

Unrestricted funds are available for any purpose within the objects of the charity.

Transfers from/between Restricted funds include e.g. rent, staffing, PPE, resources, etc.

St. Paul’s Community Partnership NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 March 2022 (continued)

7. Movement in funds

At 01 April 2022 £ Unrestricted funds 19,729 Restricted funds 39,825 Total Funds 59,554 Net movement in funds, included in the above are as follows: Income £ Unrestricted funds 8,678 Restricted funds 76,238 Total funds 84,915	Net movement of funds £ (16,746) 33,616 16,870 Expenditure £ (25,424) (42,622) (68,046)	At 31 March 2022 £ 2,983 73,441
		76,424
		Movement in funds £ (16,746) 33,616
		16,870

Unrestricted Funds - Unrestricted funds are available for any purpose within the objects of the charity.

Restricted Funds - Restricted funds are available for purposes as defined by the provider of the funds.

8. Company limited by guarantee

The company is limited by guarantee and has no share capital. In the event of a winding up every member undertakes to contribute such amount as may be required not exceeding the total of £1.