Klmberworth Park Community Partnership {Reyistered Charity Number 1141774) (Company Ltd by Guarantee Number 04445721 ) Financial Statements for the year ended 31 May 2025 Contents Page Legal and administrative information Directors, report Examin8rs report Balance sheet Statement of financial activities Notes to the financial statements 9-12
Kimberworth Park Community Partnershlp Legal and admlnlstratlve Information Truste88 Tony Browne Simon Currie Samantha Lucina Dixon Sue Gray Dianne Jarvis Alison Jayne Middlelon Veronica Seaman Julie Regina Dabaye Drabble Patrici8 Willstead Resigned 22 October 2024 Appointed 18 November 2024 Appointed 9 December 2024 Company Secretary Andrew Ma¢aulay Registered ChaAty Number 1141774 Company number 04445721 R•glstered offlco The Chislett Centre Kimberworth Park Road Kimberworth Park Rotherham S61 3JT Indepgndent examlner White Rose Accounting for Charities The Ghyll Threaplané Aspatria CA7 2EL Bank RBS 27 Effingham Street Rotherham S65 1AU Examptlons The directors have taken advantage of the exemptions available to small companies, including the audit exemption (see stalemenl on balan sheet). The Gompany is a company limited by guarantee with no share ¢apital. It is operated under the rules of its memorandum and articles of association dated 2210512007. Overall management of the company is the responsibility of the directors who are elected and ¢o- opted under the terms of the memorandum of articles and association. Day to day project activity is managed and carried out by volunteers and paid staff.
Klmberworth Park Communlty Partnershlp Dirèctors. r•port for thè year •ndod 31 May 2025 The Trustees present their annual report and financial slalements for the year ended 31 May 2025 which are also prepared to meet the requirements for ? directors, report and aunt5 for Companies Act purposes. The financial 8t3lemenls comply wlh the Charities Act 2011, the Companies Ad 2006. the Memorandum and Articles ofA8socialion. and Accounting and Reporting by Charities.. Statement of Recommended Practice appllcable lo charifjes preparing their accounts in accor(tance with the Financial Reporting Standards for Smaller EnlIeS. Structurg, govgrnane• ond managem•nt Kimberworth Park Community Partnership is a company limthy by guar¥ntee. Th8 full [nbr$ of the Board ol Management are the DIlor$ ofth$ company. The Diwctors who served during the accounting p¢riryJ are listed on pagè tsvo The Directors are appointed by the memters of the company at the AGM and setve forthree years. After thelr temi they fflaybfferlhemselves for re-election. FIDanclal r•view Incorne for the year is shown al £498,47812024.' £568.3921 Expenditurè is shown al £541.80312024.. £534,621) At yearend unroslncted funds balan¢p was £185,515 (2024.. £260,295) Oblecdve8 •nd actlvitie¥ The objecbves Ofthe coropany ar&.. - to delelop the capaeity 8nd skills of the mgmbe¥s of the socially and econorntslty disadvantsged cornmunty ol KimbeOrth Park in such 3 way that they are better able to idèntify, arrfl help rneet thair needs. and to participate moré fully in s¢¢iety. Organl8atton R•port As wrth many voluntary arvj cornmunlty sector IVCSI organisations, this year has presented signilKant finanoal challenges For Kimberworth Park Community Partnorship several contributing factors have impacta our position rnost notably, 8 drastic change to our contractual base, the ong¢irKJ rise In the cost of living, and an ineroasingly competitive funding environment. As a result, we recorded a loss in our accounts for 2024125. While this outcome is disappointiw, we have been able to absortj Ihe10ss for this yaar On • brighl6r note, conlr8¢ts pid(ed up in Ihe final six months of the fi'nancial year, offering eneouraging signs lor 8 rnore positve outlook in 2025126. Thls ¥nprovement is largely thanks to the high-quality servlce delivery by our ACE Propct staff, ¥vhose effort$ have led tts an increa in relerrals lo the s&rvK8. We have successfully maintalned full-servio delivery wilhoiitthe need for cuts to $oNices or si¥ffing. Th& Lottery-funded Opening MO DOCKS Project ha3 remained &Id and Stab throughout the year, supported by a dedicated and Consistent team In teffn$ ol expènditure, we invested in stngtheIng bulldlng security lo ensure a robust lod(down procedure. We dso carried out environmental upgrades, including the replacement tsf ouldaled lighting and plumblng $yskns, and the Inllation of new cavity wall insulatson.
imb•rworth Park Community Partnership Dlr•¢tors' r•port lor the year endèd 31 May 2025 Organ18atlon Report e¢ntlnu•d Looking ahéad, we remain mindful of thè challenging financial landscape. However, wo are Optimist about Dur incorne gtrnerats.on Strategy. Sheflield City Counol is now fimily ernbedded In our referr81 prOsS forthe ACE Project, and we have VieWed our prieing structure lorthe servica, which should present an ¢x)portunity to improve our financial posrtion. Additionally, we are a¢bvely pursuing fvrther frjnding opportunitS to help offset core costs. Our optimism is underpinned by the commilmant and quality of everyone invow in KPCP- cwjr volunt80rs. staff, board of tru$t&esldirectors, contractors. and fundi?rs- whose ongoing bolief in our¥)rk enables us lo continue meeting th8 needs ol young people, ol¢Jer people, and families. A heartfelt thank you to all. R•SerV Poll¢y The Company has a formal reseryes poli. The trustees have set a res8Nes policy which reqvlre8 that.. Reserves be malntained at a leval whith ensures that KPCP'S core aetivity could continua for a minirnum period 013 months duiing a rericKJ of unforesaen difficulty Reserves be built up to ensure that KPCP core activtty could continue for a period 016 months, lo provide 5vfficionl opportunity lo develop and irnplemtrnl fund-raising activities whilst providing a sustainablè Servi to our emrS A proporb¢n of res&tve8 be malntsinl in o readily rÉalisablo lom).
Kimberworth Park Communlty Partnership Directors. report for the year ended 31 May 2025 Directors responsibilities for the financial statements Company law requires the Directors to prepare financial statem8nts for each financial period which show the state of affairs of the company and of nel income or expenditure of the company for that period. In preparing those financial statemenls, the Directors are required to.. select suitable accounting policies and apply them consistently,. make judgements and estimates that are reasonable and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charity will continue in operation. state whether applicable accounting standards of recommended practice have been followed subject to any departures disclosed and explained in the financial statements. The Directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the company and enable the Directors lo prepare financial statements. The Directors are responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention cf fraud and other irregularities. Thls report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies A¢t 2006. This report was approved by the Direclors on their behalf by.. and is signed on ftyfyl Andrew Macaulay Company Secretary
. Kimberworth Park Comrnunlty Partnorshlp Independent Examlnerfs report on the Aceoynts of ImbeThvorth Park Communlty Partnershlp for the year ended 31 May 2025 I report on the a¢¢ounts of the company for the year ended 31 May 2025. which are sel out on pages 7 to 12. R¢$pective r88pon51bllitig8 of tmgt808 and •x8miner The chanty's trustees are responsible for the preparation ol Ihe accounts. The ¢harty'8 trustees consider that an oudit Is not requlred for thls year under sectlon 144121 of Ihe Charftles Act 2011 Ilhe 2011 Act) and that an independonl examination is noeded. H8ng salisfitrd mysew that the charfty is not subject to audlt under comp8ry law and is eligible for Independent 6xaminallon. r( is my respon$lbilty io.. Q examlne the accounts under sectlon 145 of the 2011 Ad., D to follow the procedures laid dovm In the general Dlrection$ gen by the Charity Commlqsion under section 14515llb) of the 2011 Act, and Q to stale whethei partlcular matters have come to my attention. Ba$18 of Indèpendent oxamlngr'$ rvport My examlnallon was corrfed out in accordance the general Dlrectlons glven by the Charfty Commission. An examination Ineludes a review of the accounting iecords kept by the charity and a comparison of the accounts presented with those records. It also includes consi¢J¢ralion of any unusual rtems or disdosures in th¢ accounts. ond seeking explanations from you as trustees concerning any such matters. The procedurès undert8k9n do not provide all the evidence that would be requiréd in an audit and consequently no opinion is given as to whether the a¢counls present a 'lrue and fair view and the rOF%Jrt IS Ilmtsd to those matters sel out in the stslernent below. Independent gxamlnerf8 Statsment In connection wrth my examlnalion. no mallei has come to my attenthn.. 11} ¥thich glves me reasonab Cause lo b8lleve that in any material respect the iequirements.. lo keep ac¢ounting recorils in aKordance with sectlon 386 of the Comp8nies Acl 20(., and lo prepare accounts which accord with th& a¢¢ounting records. comply whh the accounllng requlrements of section 396 of the Companles Act 2006 and WTth the methods and principles of the Ststement of Recornm&n(18d Practic&.' Accounting and Reporting by Charities have not been met., or 121 lo which, In my oplnlon, attenllon should be drawn in order to enable a proper understandlng of the accounts to bfyfwh d. Signed.. P Simpson ACA Vvhile Rose Accounting for Charities The GWI Threapland Asp8lria CA7 2EL Dale-.
Klmberworth Park Cornmunlty Partnershlp Balance Sheet a5 at 31 May 2025 202S 2024 Notos Current Assots Debtors B8lanee at bank and cash Total current assets 56,632 243,016 299,648 40,824 322.774 363.598 Creditors.. amounts falling du8 within one year (8001 119,425) Net current assetsllllabllltle8) Total ass9ts less current Ilabllltles 298,848 344.173 298,848 344.173 Total net assets 298.848 Representèd By FUNDS Unrestricted income fund Re8trieled income fund 185,514 113.333 260.295 83.878 344.173 For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of tho Companies Act 2006 relating to small companies. Dlreclor's responsibilities., The members have not required the eompany lo oblain an audit of its accounts for the y&ar in qu05tion in ac¢ordance with section 478, The directors acknowledge Ihoir responsibilities for complying with the requlremenls of the Ad with respect to accounting records and tho preparation of accounts These accounts have been prepared in accordance with the provisions applicable to companies subjgcl lo the small companies regime. The financial statements are approved by the Trustees on ?1 on ils be ?r and slgned Simon Currie Director
Kimbèrworth Park Communlty Partnership Statement of flnanclal a¢tlvlties (Incorporatlng tho incom• and expenditure account) for the year ended 31 May 2025 Unrestricted fund Restrlcted fund Total 2025 Total 2024 Incoming from Grants and contracts Rentals Activity income Other in¢ome Total Income 206,192 22,252 21.999 3,607 254,050 242,428 448,620 22,252 21,999 3,607 496,478 514,127 23,476 24,615 6,175 568,392 242,428 Exponditure on Salaries and consultancy fees Training Slalionery and postage Telephone and internet Projeds Professional fees Utilities Insurance Equipment, repairs and renewals Total resources expended 248,025 366 209 1,606 32,229 3,038 10,291 2,953 30,114 328,831 133,335 199 381,360 585 263 1,606 92,298 6,858 13,075 2.953 42,825 541.803 395,339 895 433 877 91,012 5,633 16,312 3,595 20,525 534,621 60,069 3.820 2,784 12,711 212,973 Net (outgoinglllncomlng resources (74,781) 29,455 {45,3251 33,771 Total funds brought forward 260,295 83,878 344,173 310,4Q2 Total funds carried forward 185,514 113,333 298,848 344,173
Kimberworth Park Communlty Partnershlp Notes to tho Accounts for the year gnded 31 May 2025 1 Accounting Pollcles {al Basis of prepaTalron The Fiftancial Slalements have been prepared in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS1021, and lh8 Accounting and Reporting by Charities.. Stalem8nt of Recommended Practice applicable lo ¢harilie5 preparing their accounts in accordanc8 Wth FRS102 leffeelive from January 2015 and updated with eff&cl from January 20161- Ilhe Charities SORP IFRS102}I, as modified for smaller charities. The Charity mee1$ the definition of a public benefit entity as defined under FRS102. Ib} Income Income from grants and contracts is recognised when the charity has enlillement to the funds, any performanc8 conditions attached to the grants have been met, il is probable that the income will be received and the amount can be measured reli£bly and is not deferred. Icl Restricted Funds Restricted funds are used for specrfic purposes as laid down by the donor. Expenditure which meets the criteria is identified lo the fund together with a f8ir allocation of managemgnt and support costs. (d} General Funds Unreslricled Fund$ are other income received or generated for the objects of the charity without fvrther specified purpose and a available as general funds. Designated funds aTe unrestricted funds of the charity whh thg trusl89s have decided at their dis¢retion to set aside to use for a spe¢ffi¢ purpose le} Resources expended Kimberworth Park Community Partnership is not VAT reglslered. Expenditure is recogni$ed once there is a legal or conslruclive obligation to make a payment lo a third party , il is probable that selllement will be required, and the amount of the obligation can be measured reliably. (fj Tangible Fixed Assets and Depreciation Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost of each asset over ils useful lrfe. (gl Fund Accounting Funds held by the charity are either restricted funds or unreslri¢ted general funds. Unrestricted funds ale funds which can be used in a¢cordanc@ with the charitable objects at the discretion of the trustees. Reslriclod funds that ean only be used for a particular reslricled purposes within the objects of the charity. Restrictions grise when specIfd by the donor or when funds are raised for particular restried purposes. {hl Cfftditors and provisions Creditors and provisions are recognised where ha$ a psent obligation resulting from a past event that will probably result In the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. 11) Pensions Kimberworth Park Community Partnership are contraed lo The People's Pension to provider their workplace pension scheme. The People's Pension is a multi-employer, defined contribution occupational pension scheme that has master trust status. IVS run by B&CE. a not-for*rofit organisation.
Klmberworth Park Communlty Partnershlp Notes to the Accounts for the year ended 31 May 2025 ststement of Flnanclal Actlvltles - prior year ¢omparlson Unrestsictsd fund Restrlcted fund Total 2024 Incoming from Grants and contracts Rentals Acts"wly income Other income Tolal Income 296,815 23,476 24,615 6,175 351,080 217,312 514,127 23,476 24,615 6,175 568 392 217,312 Expenditure on Salaries and congultancy fees Training stationery and postsge Telephone and inlemet Projects Professional fees Utilities Insuran Equipment, repairs and renewals Total re80ur¢es expended 236,141 742 396 877 17,704 5,633 6,380 3,595 17,845 289,313 159,198 153.2 36.99 395,339 895 433 877 91,012 5.633 16.312 3,595 20.525 73,308 9.932 2680.2 245,308 Net {outgolnglllncoming re8oiirces 81,767 127,996) 33,771 Total fund$ brought forward 198,528 111,874 310,402 Totsl funds carrl8d forward 2eo,295 83,878 344,173
Klmberworth Park Community Partner8hlp Notes to the financial statemonts for the year ended 31 May 2025 2 Debtors These are monies owed to the organisation but not received during the accounting period. They are in respect of- 2025 2024 Trade debtors 56,632 40,824 40,824 3 Creditors; amounts falling due wlthln one year These are expenses that have been incurred but have not been billed or paid for during the accounting period. They are in respe¢t of.. 2025 2024 Deferred grant Trade creditors 18655 770 770 4 Grants and contracts Unrestricted fund Restricted fund Total 2025 Totsl 2024 Awards for All Big Lottery - Open Doors Co-op Foundation NHS Social Prescribing Garfield Weston Foundation Groundwork UK Locality Power to Change RMBC Chal & Chill RMBC Junior Club RMBC Sports RMBC Community Fund Sport England Voluntary Adion Rotherham Other grants and donations Contracts ACE Schools Project Total 18,655 107,201 18,655 107,201 1,705 11,070 20,000 12,712 97,531 1,705 11,070 20,000 12,712 10,800 10,000 4,000 13,000 8,000 29,566 39,415 7.257 8,643 29,040 7,257 8,643 29,040 10,370 17,480 10,370 17,480 3,893 5,000 4,329 3,893 200,593 200,593 292,486 206 191 242 428 448 619 514 127 11
Klmbenyorth Park Community Partnershlp Not95 to Ihe Accounts for tho year ended 31 May 2025 5 Restricted Funds Opening Incoming balance Resources Outgolng Resource5 Closlng balance Awards forAII Big Lottery - Open Doors NHS Social Prescribing Power to Change Garfield Weston Foundation Groundwork UK Locality RMBC Chat & Chill RMBC Food Bank RMBC Junior Club RMBC Sports Sport England Voluntary Action Rotherham Sub Total 18,655 107,201 11,070 (10,370) 197,441) (11,184) {1,040) (3,333) (12,712) (4,986) {7,257) (5,268) {8,141) (29,040) (10,370) {11,8311 (212,973) 8,285 61,264 15,197 51,504 15,311 1,040 20,000 12,712 16,667 4,986 7,257 11,037 5,769 502 8,643 29,040 10,370 17,480 242,428 5,649 113,333 83,878 6 Analysis of net asset5 by funds Unrestricted funds Restricted funds Total funds Current assets Debtors Current Liabilities 129,683 56,632 1800 185,514 113,333 243,016 56,632 8001 298,848 113,333 12