Klmberworth Park Community Partnership (Registered Charity Number 1141774) (Company Ltd by Guarantee Number 04445721 ) Financlal Stat•m8nts for th• year ended 31 May 2024 Contents Page Legal and administrative information Directors, report Examiners report Balance sheet Statement of financial activrties Notes to the financial statements 9-12
Kimborworth Park Communlty Partnorshlp Legal and admlnlstratlve Inforniatlon Trustees Tony Browne Samantha Lucina Dixon Sue Gray Dianne Jarvis Veronica Seaman Lynne Thompson Julie Regina Dabaye Drabble Christopher David White Patricia Willstead Appointed 15 May 2024 Resigned 15 May 2024 Appointed 21 Nov 23 & Resigned 2023 Mar 2024 Company Secretsry Andrew Macaulay Registered Charlty Number 1141774 Company number 04445721 Registered office The Chislett Centre Kimb8rworth Park Road Kimberworth Park Rotherham S61 3JT Independent examlner White Rose Accounting for Charities The Ghyll Threapland Aspatria CA7 2EL Bank RBS 27 Effingham Street Rotherham S65 1AU Exemptlons The directors have laken advantage of the exemptions available to small companies, including the audit exemption (see statement on balance sheet). The company is a company limrted by guarantee wtth no share capital. It is operated under the rules of its memorandum and articles of associatlon daled 2210512007. Overall management of the company is the responsibility of the directors who are elected and co- opted under the terms of the memorandum of articles and association. Day to day projeGt activity is managed and carried out by volunteers and paid staff.
Kimbèrworth Park Community Partn•rship Direetors. r•port for tho year ended 31 May 2024 The TTUStees present their annual r&port and financial 5tatemen18 for ihe year ended 31 May 2022 which 8re also prepared to meet the requirements for a directors. report and accounts for Companies Act purposes. The financial slalemenls ¢omply with the Charities A 2011, the Companies Act 2006, the Memorandum and Articles of Association, and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their a¢¢ounts in accordan¢e with the Financial Reporting Standards for Smaller Entities. structur09 governance and managèmènt KImbenOrth Park Communty Partnership is a company limited by guarantee. The full members of the Board of Management are the Dirertors of the company. The Dlrectors who served during the accounting period are Ilsled on page 0. The Directors are appolnted by the members of the company at the AGM and serve for three yeats. After their term they may offer thems01 for rleCtIOn. Financial roViOW Income for the year is shown at £568,39212023.. £590,523) Expenditure is shown at £534,621 {2023.. £546,547) At year end unrestricted funds balance was £260,29512023.' £198.528) ObjectSv•s and activitieB The objectives of the company are". lo delelop the ¢apa¢ily and skills of the members of the swially and e¢onomi¢ally disadvonla9ed community of Kimberworth Park in 8uch a way that they are better able lo identfy, and help meet their needs, and lo participate more fulty in society. Organlsation Report This year. de5pf(e laGing a cost-of-living crisis KPCP'S finances continue to rernain healthy. This has been maintained by an increased demand by schools for the ACE Project, maintaining a level of grant funding, and a steady increase In income generation from lettings. However, alongside this we continue lo experience th8 impact of increases In ulllrty C09ts and acro89 the board rise in all other costs. There is evgr incre8slng c<ynpelrtitsn for grant funding and this year has seen KPCP having to find costs to 8UPPOrt the Chislett Gym, the Men's Wellbeing Project and Charlie's Panty, having failed lo secure funding to support operatlonal, management and overhead c05t for these. Attracting fvnding for Core costs lor an organisation like KPCP is a constant ¢oncem. Funders, as Can tse appreciated, often prefer to see their support going to direct delivery, however, thi8 creates drfficulties when operation costs are secured without the underpinning C•r back up nece55ary ol management and overhead costs. Looking lo future, our understanding 1$ that HM Govemmenl have COgnised the difficulties the charty sector are experiencing in the current climate and are in the process of creating cost-of-living crisis funijing.
Kimberworth Park ComrnunSty Partn•rshlp 9irèctors' report for the ar end•d 31 May 2024 Achlevoments The cosl-of.living crisis remains a major issue for many people in Kimberworth Park and this has impacted on how KPCP responds in tem?s of continuing lo support local people through these very diffi¢urt limes. The Pantry continues lo offer fgod and guidance where appropriate. A partnership arrangement with Rotherham CA8 has been important in providing benefits advice, which for many has made a difference to their finonc& bud9els. Our AQA Accreditation Centre is Th)w well estsblished and young people and older peopk have used thi8 as an opportunty lo upgrade their skills and experiences. Mofft than 150 a¢creditation c&rtrficates have been achieved. The ACE Project has had another successful year. During this period. we applied lo be accepted within the Sh&ffield Education Framework which mean5 we will have the opportunity lo offer ACE services lo schools In Sheffield North. This 1$ a s1gnifint development for the Project which il is anticipated will add lo KPCP'S business development model. An Envlronmentsl Strategy has been development with key tsrgets on how KPCP can reduce our carbon emissions. We are working closety wrth the Members, Fomm to extend ¢)ur approa¢h to the environmgnl into the mmmunity. We ¢ontinue1g receive grants for our work- this has included an Awards for All grant for Men in Sheds, support through RMBC for working wlth children and young people in the Junior Youth Club and Chat n Chill. As usual we are most grateful for the energy, enthusiasm, and motivation of our volunteers. We Tecognise Ihe contributions loo funders make, who continue to believe in what we offer and achieve. Vve are MO than awed by the kindness. gener08ity of spirf( gNen by people who use our services, who despite the hardships many face, are aayS prepared lo offer frlendship and support lo each other, and a wam smile and caring thought for ourselve8. R•Ser Pollcy The Company has a fomal re8erves policy. The trustee5 have sel a reserves policy which requi5 that.. Reserves be maintained at a level which ensures that KPCP'S core activity could continue for a mlnimum period of 3 months during a period of unforeseèn difficulty Reserves be built up lo ensure that KPCP Cts activlty vId continue for a period of 6 months, to provide suffi¢ient opportunity to develop and implement fvnd-raising activities whilst providing a $uslainable service lo our members A proportion of reseNes be maintained in a readity realisable fom).
Klmberworth Park Communlty Partnership Directors. report for the year ended 31 May 2024 Directors responslbllltles for the financial statements Company law requires the Directors to prepare financial statements for each financial period which show the state of affairs of the company and of net income or expenditure of the company for that period. In preparing those financial statetnenls, the Directors are required to.. select suitable accounting policies and apply them consistently,. make judgements and estimates that are reasonable and pnjdent. prepare the financial statements on the going concem basis unless it is inappropriate lo presume that the charity will continue in operation. state whether applicable accounting standards of recommended practice have been followed subject to any departurès disclosed and explained in the financial statements. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuraGy at any lime the financial position of the company and enable the Directors lo prepare financial statements. The 01ctorS are responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention of fraud and other irregularrties. This report has been prepared in accordan with thé special provisions for small companies under Part 15 of the Companies Act 2006. This report was approved by the Directors on their behalf by.. nd is signed on Andrew Macaulay Company Sretary
Kirnbenvorth Park Commuhity Partnershlp Independent Ex8mlneV$ report on the Accounts gf Klmbenvorth Parf( Communlty PartnerBhlp lor th• year ended 31 May 2024 I report on the accounts of the company for the year ended 31 May 2024. which are Set oul on pages 7 10 12. RospeGtlve responsibilities of tru$te&$ and oxamlner The charity's trustees are responsible for the preparation of the accounts. The charfty's Iruslees consider that an audit is nc•t required for this year under section 144121 of the Charities Act 2011 Ilhe 2011 Acl} and that an independent examination is needed. Havlng salisfEd myself that the charty is not subject to audll under company law and is eligible for independent examination, il Is my responsibilty to.. El exarnine the accounts under section 145 of the 2011 Act., E] to follow the procedures laid down Sn the general DirectKJns given by the Charity Commission under section 14515llbl of the 2011 Act.. and o to slate whether particular matters have come to my attention. Basls of independent examIne9 report My examination wa5 carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of th& accounting records kept by the charity and comparison of Ihe accounts presented with those records. It also includes consideration tsf any unusual (tems or disclosures in the accounts. and seeking explanation5 from yL)u a5 trustees conceming any such matters. The procedures undertaken do not provide all the evid$n¢e that would be required in an audit and consequently no opinion is given as lo whether the aUnIS present a'true and fair vw. and the report 1$ limited to those niatters set oth in the stslemenl below. Independent oxamlnerf8 ¥tstsment In cOnnbon wilh my examination. no matter has come to my attention.. {11 which gives me reasonable cause to believe that in any material respect the requirements.. to keep accounting record5 in accordance wllh section 386 of the Compantes Act 2006,. and to prepare accounts which accord with the accountsng rOrdS, comply wrth 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 Chartiie8 have not been met,. or 12110 which, in my opinion, attention should be drawn in order lo enable a proper understsnding of the aecounts lo Signed.. P Simpson ACA While Rose Accounting for Charities The Ghyll Threapland Aspalria CA7 2EL Dale:
Klmberworth Parf( Communlty Partn•rshlp BalanGe Sh••t as at 31 May 2024 2024 2023 Notes Current Assets Debtors Balance at bank and cash Totsl ¢urrent assets 40.824 322,774 363,598 62,978 248,160 311,138 Creditors.. amounts falling due 3 within one year 119,4251 {735) Net currgnt assotsllliabilitiesl 344,173 310.403 Total assets less current liabilities 344,173 310.402 Total net assets 344,173 310.402 Represented By FUNDS Unrestricted income fund Restricted income fund 260.295 83,878 344,173 199,528 111,874 311,402 For the year ending 31 May 2024 the Company was entided to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Director'5 respon5ibilities', The members have not required the company to obtain an audit of ils accounts for the year in quests'on in acrdance with se¢tion 476. The d1CtorS acknowledge their responsibilities for complylng with the requirements of the Act with respect to accounting records and the preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial statements are approved by the Trustees on its behalf by.. and signed Tony Browne Director
Klmberworth Park Communlty Partnership SÈatemont of financial actlvities (Incorporating the Income and expendlture account) for the year ended 31 May 2024 Unr05tricted fund Restrlcted fund Total 2024 Total 2023 Notes Incoming from Grants and contra¢ts Rentals Activity income Other income Total Income 296.815 23,476 24,615 6,175 351,080 217,312 514,127 23,476 24,615 6,175 568,392 535,945 21,214 33,364 217,312 590,523 Expendituro on Salaries and consuliancy fees Training Stationery and postsge Telephone and internet Projects Professional faes Utilities Insurance Equipment, repairs and renewals TOL21 Msources expended 236,141 742 396 877 17,704 5,633 6,380 3,595 17,845 289,313 159,198 153 37 395,339 895 433 877 91,012 5,633 16,312 3,595 20,525 534,621 385,688 1,614 242 782 111,774 5,002 12,774 3,381 25,200 546,457 73,308 9,932 2,680 245,308 Net {outgoing)lin¢oming resources 61,767 {27,996) 33,771 44,065 Total funds brought forward 198,528 111,874 310,402 266,337 Total funds carrled forward 260,295 83,878 344,173 310,402
Klmberworth Park Community Partnership 'Notes to tha Accounts for the year endod 31 May 2024 1 Accountlng Pollcles a) Basis of preparation The Financial Statements have been prepared in accordance with the Financial Reporting Standard applicable in the UK and Republi¢ of Ireland IFRS1021, and the Accounting and Reporting by Charities." Statement of Recommended Pracli¢e applicable lo charities preparing their accounts in accordance with FRS102 {effeclive from January 2015 and updated with effect from January 20161- (the Charibes SORP IFRS10211, as modified for smaller charities. The Charity meets the defi.n1tn of a public benefit entity as defined under FRS102. Ibl Income Income from grant5 and contracts is recognised when the charity has entitlement to the funds, any performance conditions attached lo the grants have been mel, il is probable that the income will be received and the amount can be measured reliably and is not deferred. (c} Restricted Funds Restricted funds are used for specific purposes as laid down by the donor. Expenditure which meets the criteria is identified to the fund together wth a fair allocation of management and support costs. {dl General Funds Unreslricled Funds are other income received or generated for the objects of the charity without further specified purpose and are available as general funds. Designated funds are unrestricted funds of the charity which the Iruslees have decided al their disorelion to sel aside lo use for a specific purpose {e) Resources expended Kimberworth Park Community Partnership is not VAT registered. Expendf(ure is recognised once there is a legal or ¢onstru¢live obligation to make a payment to a third paty , il is probable that setdeTNellt will be required. and the amount of the obligation can be measured reliably. {fl Tangible Fixed Assets and Dèpreciation DepreCiatn is provided on all tangible fixed assets at rates caulated to wnte off the cost of each asset over ils useful life. Ig) Fund Accounting Funds held by the charity are either restricted funds or unrestrted general funds. Unrestrted fvnds are funds which can be used in accordance with the charitable objects al the discretion of the Iruslees. Restncled funds that can only be used for a particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. {h) Creditors and provisions Creditors and provisions a recognised where ha$ a present obligation SuItIng from a past event that will probabty result in the transfer of fvnds to a third paty and the amount due to settle the obligatson can be measured or estimated reliably. li) Pensions Kimberworth Park Community Partnership are contracted to The People's Pension to pmvider their workplace pension scheme. The People's Pension is a multiemployer, defined contibulion occupational pension scheme that has master trust ststus. It's run by B&CE. a nol-for-profil or9anisation.
, J(ImbenKorth Park Communlty Partnershlp Notes to the Accounts for the year ended 31 May 2024 Statement of Finan¢ial Activities - prior year comparison Unrestrlctad fund Restrlctsd fund Totsl 2023 Incoming from Grants and contracts Rentals Activity income Other income Totsl Income 335,354 21,214 33,364 200.591 535,945 21,214 33,364 389.932 200,591 590,523 Expendlture on Salaries and wnsuttancy fees Training Stationery and postage Telephone and internet Projeds Professional fe88 Utilities Insurance Equipment, repairs and renewals Totsl resources expended 277,589 924 242 756 58,216 5,002 8,416 2,254 25,200 378,599 108,099 690 385,688 1,614 242 782 111,774 5,002 12,774 3,381 25,200 546,457 26 53,558 4,358 1,127 167,858 Net loutgolng)Ilncomlng re8ources 11,332 32,733 44,Q65 Total funds brought fOard 187,198 79,141 266,337 Total funds carrled forward 198,528 111,874 310,402
Klmborworth Park Communlty Partnershlp Notes to the flnanclal statements for the year ended 31 May 2024 2 Debtors These are monies owed to the organisation but not received during the accounting period. They are in resped of.. 2024 2023 Trade debtors 40,824 40,824 62,978 62,978 3 Credltors: amounts falllng due wlthin one year These are expenses that have been incurred but have not beèn billed or paid for during the accounting period. They are in respect of.. 2024 2023 Deferred grant Trade ¢reditors 18,655 770 19,425 700 700 4 Grants and contracts Unrestricted fund Restricted fund Total 2024 Total 2023 Awards for All Big Lottery - Open Doors NHS Social Prescribing J H Rausing Trust Locality Power to Change RMBC Chat & Chill RMBC Food Bank RMBC Junior Club RMBC Sports RMBC Communty Fund Sport England South Yorkshire Cornmunity Foundation Voluntary Action Rotherham Other grants and donations Contracts ACE Schools Project Totsl 9,871 94,793 10,800 7,638 97,531 10,800 97,531 10,800 10,000 4,000 13,000 10,000 4,000 13,000 4,000 16,500 16,305 5,800 34,788 8,000 29,566 39,415 8,000 29,566 39,415 8,400 3,396 5,000 5,536 5,000 5,000 4,329 4,329 292,486 292,486 313,318 296,815 217,312 514,127 535,945 11
Klmbevworth Park Communlly Partnershlp Notes to the A¢Gounts lor Ihe yoar endod 31 May 2024 5 Rostrictsd Funds Opening Incomlng balance Resources Outgolng Resources Closing balance Awards for All Big Lottery- Open Doors NHS Social Prescribing Power lo Change J H Rausing Trust Locality RMBC Chal & Chill RMBC Food Bank RMBC Junior Club RMBC Sports RMBC Community Fund Sport England South Yorkshire Community Foundation Voluntary Action Rotherham Sub Totsl 6,459 50,784 15,222 4,000 1,058 (6,4591 196,811) 110.711) (6,9601 11,058) {5,0141 (13,000) 15,268) {13,020) {29,5661 (39,4151 12,400) 13,396) 12,2301 (245,3081 97,531 10,800 4.000 51,504 15,311 1,040 10,000 13,000 4,986 18,305 5,020 11,037 8.000 29,566 39,415 2,400 3,396 7.230 111.874 5,000 217,312 83,878 6 Analysls of net ass&ts by funds Unrestricted funds Reslricted funds Total funds Current assels Debtors Current Liabilities 238.896 40,824 19,425 260,295 83,878 322,774 40,824 19,4251 344,173 83,878 12