## **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**
1
## **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|
2
## **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.
3
## **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
4
## **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
5
## **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**|
6
## **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
7
## **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.
8
## **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**|
9
## **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).
10
## **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.
11
## **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.
12